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2021-06-28

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June jobs report, Consumer confidence: What to know this week

2021-06-17

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Wall Street closes lower as Fed officials project rate hikes for 2023

2021-08-18

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Wall Street slumps after weak retail sales, Home Depot results

2021-08-05

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Wall Street closes mixed, S&P 500 ends off record high

2021-06-21

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2022-04-17

$ChargePoint Holdings Inc.(CHPT)$Cheong!

2022-03-09

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US STOCKS-Wall St Ends down in Rocky Session as U.S. Bans Russian Oil Imports

2022-02-02

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Wall St Posts Gains after Choppy Session, Energy Index Hits New Peak

2021-09-15

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U.S. stocks close lower on worries over recovery, corporate tax hikes

2021-09-06

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Is the U.S. stock market open on Labor Day?

2021-06-12

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S&P ekes out gains to close languid week

2022-02-08

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Pre-Bell｜Nasdaq Futures Slipped 0.4%; Velodyne Lidar Surged 37%

2022-01-15

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Are Electric Vehicle Stocks Overhyped?

2021-09-09

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Wall Street ends lower, weighed down by Big Tech

2021-09-01

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2021-07-26

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Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week

2021-07-09

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Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more

2021-06-19

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Dow falls more than 500 points to close out its worst week since October

2021-06-10

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href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>HUAT Ah!","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>HUAT Ah!","text":"$Grab Holdings(GRAB)$HUAT Ah!","images":[{"img":"https://community-static.tradeup.com/news/b496266264f01e947696f7fe9a5b0017","width":"828","height":"2758"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904733732","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9024267644,"gmtCreate":1653875414988,"gmtModify":1676535355493,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>Up!!!&nbsp;","listText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>Up!!!&nbsp;","text":"$ChargePoint Holdings Inc.(CHPT)$Up!!!","images":[{"img":"https://community-static.tradeup.com/news/a3a5d6ba1f7ff5abb347722bbb82ee2d","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024267644","isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9024267182,"gmtCreate":1653875398746,"gmtModify":1676535355485,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a>Upup!&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a>Upup!&nbsp;","text":"$Alibaba(09988)$Upup!","images":[{"img":"https://community-static.tradeup.com/news/ec595727f51305693cac924097f556f1","width":"750","height":"2218"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024267182","isVote":1,"tweetType":1,"viewCount":381,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://community-static.tradeup.com/news/5cd5b4aefd2b0994474d489d4d1c2904","crmLevel":7,"crmLevelSwitch":1},"content":"Hope it hold above $90 while awaiting the next catalyst (eg Shanghai re-opening)","text":"Hope it hold above $90 while awaiting the next catalyst (eg Shanghai re-opening)","html":"Hope it hold above $90 while awaiting the next catalyst (eg Shanghai re-opening)"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9024265614,"gmtCreate":1653875325438,"gmtModify":1676535355444,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!&nbsp;","listText":"Cheong!&nbsp;","text":"Cheong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024265614","repostId":"2239733199","repostType":4,"repost":{"id":"2239733199","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":1653865624,"share":"https://www.laohu8.com/m/news/2239733199?lang=&edition=full","pubTime":"2022-05-30 07:07","market":"us","language":"en","title":"GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2239733199","media":"Dow Jones","summary":"By Nicholas Jasinski \n\n\n     U.S. stock and bond markets will be closed Monday for Memorial Day. A h","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nBy Nicholas Jasinski \n</pre>\n<p>\n     U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. \n</p>\n<p>\n     HP and <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com will report on Tuesday, followed by Chewy, GameStop, and Hewlett Packard Enterprise on Wednesday. CrowdStrike Holdings, Hormel Foods, Lululemon Athletica, and Okta will be Thursday's earnings highlights. \n</p>\n<p>\n     There are also several annual shareholders meetings scheduled for this week, including Alphabet, Comcast, and Walmart on Wednesday and Netflix, Nvidia, and <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings on Thursday. \n</p>\n<p>\n     It will be a busier week for economic data. Friday will bring the jobs report for May from the Bureau of Labor Statistics. Economists' average forecast is for a gain of 317,500 nonfarm payrolls and for an unemployment rate of 3.5%. \n</p>\n<p>\n     Other data out this week will include the Conference Board's Consumer Confidence Index for May on Tuesday, followed by the ISM's Manufacturing Purchasing Managers' Index for May on Wednesday. The Services PMI for May will be out on Friday. \n</p>\n<p>\n     Monday 5/30 \n</p>\n<p>\n     Equity and fixed-income markets are closed in observance of Memorial Day. \n</p>\n<p>\n     Tuesday 5/31 \n</p>\n<p>\n     HP Inc. and Salesforce.com announce earnings. \n</p>\n<p>\n     The Institute for Supply Management releases its Chicago Business Barometer for May. Consensus estimate is for a 56.8 reading, slightly higher than April's 56.4. \n</p>\n<p>\n     The Conference Board releases its Consumer Confidence Index for May. Economists forecast a 4.7% month-over-month decline to 102. That would be the lowest figure for the index since February 2021. Retail spending has remained robust, even as consumer confidence has waned. \n</p>\n<p>\n     Wednesday 6/1 \n</p>\n<p>\n     Chewy, GameStop, Hewlett Packard Enterprise, NetApp, and PVH release quarterly results. \n</p>\n<p>\n     AmerisourceBergen, LKQ, and Paccar hold investor meetings. \n</p>\n<p>\n     Alphabet, Comcast, NXP Semiconductors, and Walmart host their annual shareholder meetings. \n</p>\n<p>\n     The Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey. Expectations are for 11.4 million job openings on the last business day of April, slightly fewer than the 11.55 million in March, which was a record. The labor market remains very tight, but more and more companies have recently announced layoffs or hiring freezes. Both Amazon.com and Walmart recently said that they were overstaffed. \n</p>\n<p>\n     The ISM releases its Manufacturing Purchasing Managers' Index for May. Consensus estimate is for a 54.8 reading, roughly even with the April figure, which was lowest since September 2020. \n</p>\n<p>\n     Thursday 6/2 \n</p>\n<p>\n     Cooper Cos., CrowdStrike Holdings, Hormel Foods, Lululemon Athletica, and Okta hold conference calls to discuss earnings. \n</p>\n<p>\n     Netflix, Nvidia, and PayPal Holdings have their annual meeting of shareholders. \n</p>\n<p>\n     ADP releases its National Employment Report for May. Private-sector employment is expected to have increased by 350,000 jobs after a gain of 247,000 in April. The private sector has added 1.1 million net jobs since the start of the pandemic, according to ADP. \n</p>\n<p>\n     Friday 6/3 \n</p>\n<p>\n     The BLS releases the jobs report for May. The economy is expected to add 317,500 nonfarm jobs, after a gain of 428,000 in April. The unemployment rate is seen edging down from 3.6% to 3.5%, which would match a half-century low. \n</p>\n<p>\n     Cigna hosts its 2022 investor day in New York. The company will update its financial outlook at the meeting. \n</p>\n<p>\n     ISM releases its Services Purchasing Managers' Index for May. Economists forecast a 56 reading, about <a href=\"https://laohu8.com/S/AONE.U\">one</a> point less than the April figure. \n</p>\n<p>\n     Write to Nicholas Jasinski at nicholas.jasinski@barrons.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  May 31, 2022 08:33 ET (12:33 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","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>GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-05-30 07:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nBy Nicholas Jasinski \n</pre>\n<p>\n     U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. \n</p>\n<p>\n     HP and <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com will report on Tuesday, followed by Chewy, GameStop, and Hewlett Packard Enterprise on Wednesday. CrowdStrike Holdings, Hormel Foods, Lululemon Athletica, and Okta will be Thursday's earnings highlights. \n</p>\n<p>\n     There are also several annual shareholders meetings scheduled for this week, including Alphabet, Comcast, and Walmart on Wednesday and Netflix, Nvidia, and <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings on Thursday. \n</p>\n<p>\n     It will be a busier week for economic data. Friday will bring the jobs report for May from the Bureau of Labor Statistics. Economists' average forecast is for a gain of 317,500 nonfarm payrolls and for an unemployment rate of 3.5%. \n</p>\n<p>\n     Other data out this week will include the Conference Board's Consumer Confidence Index for May on Tuesday, followed by the ISM's Manufacturing Purchasing Managers' Index for May on Wednesday. The Services PMI for May will be out on Friday. \n</p>\n<p>\n     Monday 5/30 \n</p>\n<p>\n     Equity and fixed-income markets are closed in observance of Memorial Day. \n</p>\n<p>\n     Tuesday 5/31 \n</p>\n<p>\n     HP Inc. and Salesforce.com announce earnings. \n</p>\n<p>\n     The Institute for Supply Management releases its Chicago Business Barometer for May. Consensus estimate is for a 56.8 reading, slightly higher than April's 56.4. \n</p>\n<p>\n     The Conference Board releases its Consumer Confidence Index for May. Economists forecast a 4.7% month-over-month decline to 102. That would be the lowest figure for the index since February 2021. Retail spending has remained robust, even as consumer confidence has waned. \n</p>\n<p>\n     Wednesday 6/1 \n</p>\n<p>\n     Chewy, GameStop, Hewlett Packard Enterprise, NetApp, and PVH release quarterly results. \n</p>\n<p>\n     AmerisourceBergen, LKQ, and Paccar hold investor meetings. \n</p>\n<p>\n     Alphabet, Comcast, NXP Semiconductors, and Walmart host their annual shareholder meetings. \n</p>\n<p>\n     The Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey. Expectations are for 11.4 million job openings on the last business day of April, slightly fewer than the 11.55 million in March, which was a record. The labor market remains very tight, but more and more companies have recently announced layoffs or hiring freezes. Both Amazon.com and Walmart recently said that they were overstaffed. \n</p>\n<p>\n     The ISM releases its Manufacturing Purchasing Managers' Index for May. Consensus estimate is for a 54.8 reading, roughly even with the April figure, which was lowest since September 2020. \n</p>\n<p>\n     Thursday 6/2 \n</p>\n<p>\n     Cooper Cos., CrowdStrike Holdings, Hormel Foods, Lululemon Athletica, and Okta hold conference calls to discuss earnings. \n</p>\n<p>\n     Netflix, Nvidia, and PayPal Holdings have their annual meeting of shareholders. \n</p>\n<p>\n     ADP releases its National Employment Report for May. Private-sector employment is expected to have increased by 350,000 jobs after a gain of 247,000 in April. The private sector has added 1.1 million net jobs since the start of the pandemic, according to ADP. \n</p>\n<p>\n     Friday 6/3 \n</p>\n<p>\n     The BLS releases the jobs report for May. The economy is expected to add 317,500 nonfarm jobs, after a gain of 428,000 in April. The unemployment rate is seen edging down from 3.6% to 3.5%, which would match a half-century low. \n</p>\n<p>\n     Cigna hosts its 2022 investor day in New York. The company will update its financial outlook at the meeting. \n</p>\n<p>\n     ISM releases its Services Purchasing Managers' Index for May. Economists forecast a 56 reading, about <a href=\"https://laohu8.com/S/AONE.U\">one</a> point less than the April figure. \n</p>\n<p>\n     Write to Nicholas Jasinski at nicholas.jasinski@barrons.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  May 31, 2022 08:33 ET (12:33 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LULU":"lululemon athletica","NVDA":"英伟达","GME":"游戏驿站","HPE":"慧与科技","ISBC":"投资者银行","NFLX":"奈飞","HRL":"荷美尔","PCAR":"帕卡"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2239733199","content_text":"By Nicholas Jasinski \n\n\n     U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. \n\n\n     HP and Salesforce.com will report on Tuesday, followed by Chewy, GameStop, and Hewlett Packard Enterprise on Wednesday. CrowdStrike Holdings, Hormel Foods, Lululemon Athletica, and Okta will be Thursday's earnings highlights. \n\n\n     There are also several annual shareholders meetings scheduled for this week, including Alphabet, Comcast, and Walmart on Wednesday and Netflix, Nvidia, and PayPal Holdings on Thursday. \n\n\n     It will be a busier week for economic data. Friday will bring the jobs report for May from the Bureau of Labor Statistics. Economists' average forecast is for a gain of 317,500 nonfarm payrolls and for an unemployment rate of 3.5%. \n\n\n     Other data out this week will include the Conference Board's Consumer Confidence Index for May on Tuesday, followed by the ISM's Manufacturing Purchasing Managers' Index for May on Wednesday. The Services PMI for May will be out on Friday. \n\n\n     Monday 5/30 \n\n\n     Equity and fixed-income markets are closed in observance of Memorial Day. \n\n\n     Tuesday 5/31 \n\n\n     HP Inc. and Salesforce.com announce earnings. \n\n\n     The Institute for Supply Management releases its Chicago Business Barometer for May. Consensus estimate is for a 56.8 reading, slightly higher than April's 56.4. \n\n\n     The Conference Board releases its Consumer Confidence Index for May. Economists forecast a 4.7% month-over-month decline to 102. That would be the lowest figure for the index since February 2021. Retail spending has remained robust, even as consumer confidence has waned. \n\n\n     Wednesday 6/1 \n\n\n     Chewy, GameStop, Hewlett Packard Enterprise, NetApp, and PVH release quarterly results. \n\n\n     AmerisourceBergen, LKQ, and Paccar hold investor meetings. \n\n\n     Alphabet, Comcast, NXP Semiconductors, and Walmart host their annual shareholder meetings. \n\n\n     The Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey. Expectations are for 11.4 million job openings on the last business day of April, slightly fewer than the 11.55 million in March, which was a record. The labor market remains very tight, but more and more companies have recently announced layoffs or hiring freezes. Both Amazon.com and Walmart recently said that they were overstaffed. \n\n\n     The ISM releases its Manufacturing Purchasing Managers' Index for May. Consensus estimate is for a 54.8 reading, roughly even with the April figure, which was lowest since September 2020. \n\n\n     Thursday 6/2 \n\n\n     Cooper Cos., CrowdStrike Holdings, Hormel Foods, Lululemon Athletica, and Okta hold conference calls to discuss earnings. \n\n\n     Netflix, Nvidia, and PayPal Holdings have their annual meeting of shareholders. \n\n\n     ADP releases its National Employment Report for May. Private-sector employment is expected to have increased by 350,000 jobs after a gain of 247,000 in April. The private sector has added 1.1 million net jobs since the start of the pandemic, according to ADP. \n\n\n     Friday 6/3 \n\n\n     The BLS releases the jobs report for May. The economy is expected to add 317,500 nonfarm jobs, after a gain of 428,000 in April. The unemployment rate is seen edging down from 3.6% to 3.5%, which would match a half-century low. \n\n\n     Cigna hosts its 2022 investor day in New York. The company will update its financial outlook at the meeting. \n\n\n     ISM releases its Services Purchasing Managers' Index for May. Economists forecast a 56 reading, about one point less than the April figure. \n\n\n     Write to Nicholas Jasinski at nicholas.jasinski@barrons.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  May 31, 2022 08:33 ET (12:33 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9025566885,"gmtCreate":1653705588147,"gmtModify":1676535330651,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>Up!!!&nbsp;","listText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>Up!!!&nbsp;","text":"$ChargePoint Holdings Inc.(CHPT)$Up!!!","images":[{"img":"https://community-static.tradeup.com/news/a3a5d6ba1f7ff5abb347722bbb82ee2d","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9025566885","isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9025568405,"gmtCreate":1653705549607,"gmtModify":1676535330634,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!&nbsp;","listText":"Cheong!&nbsp;","text":"Cheong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9025568405","repostId":"2238031566","repostType":4,"repost":{"id":"2238031566","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":1653691930,"share":"https://www.laohu8.com/m/news/2238031566?lang=&edition=full","pubTime":"2022-05-28 06:52","market":"us","language":"en","title":"US STOCKS-Wall Street Rallies, Snaps Longest Weekly Losing Streak in Decades","url":"https://stock-news.laohu8.com/highlight/detail?id=2238031566","media":"Reuters","summary":"PCE price index indicates inflation peaked in MarchDell climbs on strong Q1 resultsGap, American Eag","content":"<html><head></head><body><ul><li>PCE price index indicates inflation peaked in March</li><li>Dell climbs on strong Q1 results</li><li>Gap, American Eagle Outfitters cut profit forecasts</li><li>Indexes jump: Dow 1.76%, S&amp;P 2.47%, Nasdaq 3.33%</li></ul><p>(Reuters) - Wall Street closed sharply higher on Friday as signs of peaking inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the Federal Reserve will be able to tighten monetary policy without tipping the economy into recession.</p><p>All three major U.S. stock indexes brought a decisive end to their longest weekly losing streaks in decades.</p><p>The S&amp;P and the Nasdaq suffered seven consecutive weekly declines, the longest since the end of the dot-com bust, while the blue-chip Dow&#39;s eight-week selloff was its longest since 1932.</p><p>&#34;The market has now discounted a lot of the negative news, a lot (of which) hit all at once,&#34; said Keith Buchanan, portfolio manager at GLOBALT in Atlanta. &#34;Now we have absorbed that news and the actions the Fed is going to take, and we’re wrapping up earnings season.&#34;</p><p>&#34;The signs are lining up and the boxes are being checked that we expect to develop when the market starts to form a bottom,&#34; Buchanan added.</p><p>During the S&amp;P&#39;s seven straight weeks of losses, from its April 1 to May 20 Friday closes, the bellwether index shed 14.2% of its value and threatened to confirm it has been in a bear market since its Jan. 3 record closing high.</p><p>But this week, in a sharp reversal, the S&amp;P reclaimed much of that lost ground by soaring 6.6%, its best week since November 2020.</p><p>&#34;It was inevitable that the losing streak would end,&#34; said Tim Ghriskey, senior portfolio strategist Ingalls &amp; Snyder in New York. &#34;Corrections and bear markets are followed by &#39;up&#39; markets.&#34;</p><p>Generally upbeat earnings guidance and solid economic indicators have fueled hopes that the Fed&#39;s hawkish maneuvers to contain decades-high inflation will not cool the economy into contraction.</p><p>Data released on Friday showed better-than-expected consumer spending and appeared to confirm that inflation, which has dampened corporate earnings guidance and weighed on investor sentiment, has peaked.</p><p>This, combined with the minutes from the central bank&#39;s most recent policy meeting, which reaffirmed its commitment to rein in spiking prices while remaining responsive to economic data, helped boost risk appetite.</p><p>The Dow Jones Industrial Average (.DJI) rose 575.77 points, or 1.76%, to 33,212.96, the S&amp;P 500 (.SPX) gained 100.4 points, or 2.47%, to 4,158.24 and the Nasdaq Composite (.IXIC) added 390.48 points, or 3.33%, to 12,131.13.</p><p>All 11 major sectors of the S&amp;P 500 advanced amid light trading, with consumer discretionary (.SPLRCD), tech (.SPLRCT) and real estate (.SPLRCR) notching the biggest percentage gains.</p><p>Shares of <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a>) and <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a> provided the strongest lift.</p><p>First-quarter earnings season is largely in the bag, with 488 of the companies in the S&amp;P 500 having reported. Of those, 77% have beaten consensus expectations, according to Refinitiv.</p><p><a href=\"https://laohu8.com/S/ULTA\">Ulta Beauty </a> gained 12.5% following its upbeat quarterly earnings report.</p><p>Computer hardware company <a href=\"https://laohu8.com/S/DELL\">Dell Technologies Inc</a> surged 12.9% after beating quarterly profit and revenue estimates.</p><p>Apparel retailers <a href=\"https://laohu8.com/S/GPS\">Gap Inc</a> and <a href=\"https://laohu8.com/S/AEO\">American Eagle Outfitters</a> trimmed their annual profit forecasts. The latter dropped 6.6%, while the former rebounded and ended up 4.3%. read more</p><p>Trading volumes were light ahead of the long weekend, with U.S. stock markets closed on Monday in observance of Memorial Day.</p><p>Volume on U.S. exchanges was 10.92 billion shares, compared with the 13.13 billion average over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 6.49-to-1 ratio; on Nasdaq, a 4.13-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 3 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 40 new highs and 84 new lows.</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>US STOCKS-Wall Street Rallies, Snaps Longest Weekly Losing Streak in Decades</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Rallies, Snaps Longest Weekly Losing Streak in Decades\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\">2022-05-28 06:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>PCE price index indicates inflation peaked in March</li><li>Dell climbs on strong Q1 results</li><li>Gap, American Eagle Outfitters cut profit forecasts</li><li>Indexes jump: Dow 1.76%, S&amp;P 2.47%, Nasdaq 3.33%</li></ul><p>(Reuters) - Wall Street closed sharply higher on Friday as signs of peaking inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the Federal Reserve will be able to tighten monetary policy without tipping the economy into recession.</p><p>All three major U.S. stock indexes brought a decisive end to their longest weekly losing streaks in decades.</p><p>The S&amp;P and the Nasdaq suffered seven consecutive weekly declines, the longest since the end of the dot-com bust, while the blue-chip Dow&#39;s eight-week selloff was its longest since 1932.</p><p>&#34;The market has now discounted a lot of the negative news, a lot (of which) hit all at once,&#34; said Keith Buchanan, portfolio manager at GLOBALT in Atlanta. &#34;Now we have absorbed that news and the actions the Fed is going to take, and we’re wrapping up earnings season.&#34;</p><p>&#34;The signs are lining up and the boxes are being checked that we expect to develop when the market starts to form a bottom,&#34; Buchanan added.</p><p>During the S&amp;P&#39;s seven straight weeks of losses, from its April 1 to May 20 Friday closes, the bellwether index shed 14.2% of its value and threatened to confirm it has been in a bear market since its Jan. 3 record closing high.</p><p>But this week, in a sharp reversal, the S&amp;P reclaimed much of that lost ground by soaring 6.6%, its best week since November 2020.</p><p>&#34;It was inevitable that the losing streak would end,&#34; said Tim Ghriskey, senior portfolio strategist Ingalls &amp; Snyder in New York. &#34;Corrections and bear markets are followed by &#39;up&#39; markets.&#34;</p><p>Generally upbeat earnings guidance and solid economic indicators have fueled hopes that the Fed&#39;s hawkish maneuvers to contain decades-high inflation will not cool the economy into contraction.</p><p>Data released on Friday showed better-than-expected consumer spending and appeared to confirm that inflation, which has dampened corporate earnings guidance and weighed on investor sentiment, has peaked.</p><p>This, combined with the minutes from the central bank&#39;s most recent policy meeting, which reaffirmed its commitment to rein in spiking prices while remaining responsive to economic data, helped boost risk appetite.</p><p>The Dow Jones Industrial Average (.DJI) rose 575.77 points, or 1.76%, to 33,212.96, the S&amp;P 500 (.SPX) gained 100.4 points, or 2.47%, to 4,158.24 and the Nasdaq Composite (.IXIC) added 390.48 points, or 3.33%, to 12,131.13.</p><p>All 11 major sectors of the S&amp;P 500 advanced amid light trading, with consumer discretionary (.SPLRCD), tech (.SPLRCT) and real estate (.SPLRCR) notching the biggest percentage gains.</p><p>Shares of <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a>) and <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a> provided the strongest lift.</p><p>First-quarter earnings season is largely in the bag, with 488 of the companies in the S&amp;P 500 having reported. Of those, 77% have beaten consensus expectations, according to Refinitiv.</p><p><a href=\"https://laohu8.com/S/ULTA\">Ulta Beauty </a> gained 12.5% following its upbeat quarterly earnings report.</p><p>Computer hardware company <a href=\"https://laohu8.com/S/DELL\">Dell Technologies Inc</a> surged 12.9% after beating quarterly profit and revenue estimates.</p><p>Apparel retailers <a href=\"https://laohu8.com/S/GPS\">Gap Inc</a> and <a href=\"https://laohu8.com/S/AEO\">American Eagle Outfitters</a> trimmed their annual profit forecasts. The latter dropped 6.6%, while the former rebounded and ended up 4.3%. read more</p><p>Trading volumes were light ahead of the long weekend, with U.S. stock markets closed on Monday in observance of Memorial Day.</p><p>Volume on U.S. exchanges was 10.92 billion shares, compared with the 13.13 billion average over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 6.49-to-1 ratio; on Nasdaq, a 4.13-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 3 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 40 new highs and 84 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238031566","content_text":"PCE price index indicates inflation peaked in MarchDell climbs on strong Q1 resultsGap, American Eagle Outfitters cut profit forecastsIndexes jump: Dow 1.76%, S&P 2.47%, Nasdaq 3.33%(Reuters) - Wall Street closed sharply higher on Friday as signs of peaking inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the Federal Reserve will be able to tighten monetary policy without tipping the economy into recession.All three major U.S. stock indexes brought a decisive end to their longest weekly losing streaks in decades.The S&P and the Nasdaq suffered seven consecutive weekly declines, the longest since the end of the dot-com bust, while the blue-chip Dow's eight-week selloff was its longest since 1932.\"The market has now discounted a lot of the negative news, a lot (of which) hit all at once,\" said Keith Buchanan, portfolio manager at GLOBALT in Atlanta. \"Now we have absorbed that news and the actions the Fed is going to take, and we’re wrapping up earnings season.\"\"The signs are lining up and the boxes are being checked that we expect to develop when the market starts to form a bottom,\" Buchanan added.During the S&P's seven straight weeks of losses, from its April 1 to May 20 Friday closes, the bellwether index shed 14.2% of its value and threatened to confirm it has been in a bear market since its Jan. 3 record closing high.But this week, in a sharp reversal, the S&P reclaimed much of that lost ground by soaring 6.6%, its best week since November 2020.\"It was inevitable that the losing streak would end,\" said Tim Ghriskey, senior portfolio strategist Ingalls & Snyder in New York. \"Corrections and bear markets are followed by 'up' markets.\"Generally upbeat earnings guidance and solid economic indicators have fueled hopes that the Fed's hawkish maneuvers to contain decades-high inflation will not cool the economy into contraction.Data released on Friday showed better-than-expected consumer spending and appeared to confirm that inflation, which has dampened corporate earnings guidance and weighed on investor sentiment, has peaked.This, combined with the minutes from the central bank's most recent policy meeting, which reaffirmed its commitment to rein in spiking prices while remaining responsive to economic data, helped boost risk appetite.The Dow Jones Industrial Average (.DJI) rose 575.77 points, or 1.76%, to 33,212.96, the S&P 500 (.SPX) gained 100.4 points, or 2.47%, to 4,158.24 and the Nasdaq Composite (.IXIC) added 390.48 points, or 3.33%, to 12,131.13.All 11 major sectors of the S&P 500 advanced amid light trading, with consumer discretionary (.SPLRCD), tech (.SPLRCT) and real estate (.SPLRCR) notching the biggest percentage gains.Shares of Apple Inc, Microsoft Corp) and Tesla Inc provided the strongest lift.First-quarter earnings season is largely in the bag, with 488 of the companies in the S&P 500 having reported. Of those, 77% have beaten consensus expectations, according to Refinitiv.Ulta Beauty  gained 12.5% following its upbeat quarterly earnings report.Computer hardware company Dell Technologies Inc surged 12.9% after beating quarterly profit and revenue estimates.Apparel retailers Gap Inc and American Eagle Outfitters trimmed their annual profit forecasts. The latter dropped 6.6%, while the former rebounded and ended up 4.3%. read moreTrading volumes were light ahead of the long weekend, with U.S. stock markets closed on Monday in observance of Memorial Day.Volume on U.S. exchanges was 10.92 billion shares, compared with the 13.13 billion average over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 6.49-to-1 ratio; on Nasdaq, a 4.13-to-1 ratio favored advancers.The S&P 500 posted 3 new 52-week highs and 29 new lows; the Nasdaq Composite recorded 40 new highs and 84 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022229130,"gmtCreate":1653532848820,"gmtModify":1676535300054,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!&nbsp;","listText":"Cheong!&nbsp;","text":"Cheong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022229130","repostId":"1182828365","repostType":4,"repost":{"id":"1182828365","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":1653517648,"share":"https://www.laohu8.com/m/news/1182828365?lang=&edition=full","pubTime":"2022-05-26 06:27","market":"us","language":"en","title":"US STOCKS-Wall Street Rallies As Fed Minutes Meet Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1182828365","media":"Reuters","summary":"Fed minutes: future 50-bp rate hikes 'likely'Nordstrom climbs after raising profit outlookNvidia Q2 ","content":"<html><head></head><body><ul><li>Fed minutes: future 50-bp rate hikes &#39;likely&#39;</li><li>Nordstrom climbs after raising profit outlook</li><li>Nvidia Q2 revenue forecast falls short of expectations</li><li>Indexes up: Dow 0.60%, S&amp;P 0.95%, Nasdaq 1.51%</li></ul><p>May 25 (Reuters) - Wall Street closed higher Wednesday, boosted after minutes from the Federal Reserve&#39;s latest monetary policy meeting showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession.</p><p>The minutes from the Federal Open Market Committee&#39;s May meeting, which culminated in a 50-basis-point hike in the Fed funds target rate - the biggest jump in 22 years - showed most of the committee&#39;s members judged that further such rate hikes would &#34;likely be appropriate&#34; at its upcoming June and July meetings.</p><p>&#34;The uniformity of opinion is a good thing,&#34; said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. &#34;There&#39;s a lack of uncertainty of what needs to be done in the near-term.&#34;</p><p>&#34;By the time (the Fed) gets to September, they will have plenty of economic data to make their move from there, so they continue to maintain optionality,&#34; Mayfield added.</p><p>All three major U.S. stock indexes gyrated earlier in the day amid increasing jitters stemming from business and consumer surveys, economic data and corporate earnings reports suggesting a cooling American economy - even as the Fed prepares to toss a bucket of cold water on it to tackle decades-high inflation.</p><p>Fears that overly aggressive interest rate hikes by the Fed could tip the economy into recession despite evidence that inflation peaked in March has fueled those concerns.</p><p>&#34;There’s some credence to the idea that inflation is doing (the Fed’s) job for them,&#34; Mayfield said. &#34;There’s already a cooling occurring, and financial conditions have tightened over the last month because of dollar strength and equity market weakness.&#34;</p><p>On Thursday, the Commerce Department is due to release its second take on first-quarter GDP, which analysts expect to slow a slightly shallower contraction than the 1.4% quarterly annualized drop originally reported.</p><p>The Personal Consumption Expenditures (PCE) report will follow on Friday, which will provide further clues regarding consumer spending and whether inflation peaked in March, as other indicators have suggested.</p><p>The Dow Jones Industrial Average (.DJI) rose 191.66 points, or 0.6%, to 32,120.28, the S&amp;P 500 (.SPX) gained 37.25 points, or 0.95%, to 3,978.73 and the Nasdaq Composite (.IXIC) added 170.29 points, or 1.51%, to 11,434.74.</p><p>Nine of the 11 major sectors in the S&amp;P 500 rose, with consumer discretionary stocks (.SPLRCD) leading the pack with a gain of 2.8%.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc </a> and <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc </a> provided the strongest lift to the S&amp;P 500 and the Nasdaq, rising 2.6% and 4.9%, respectively.</p><p>Department store operator <a href=\"https://laohu8.com/S/JWN\">Nordstrom Inc </a> surged 14.0% on the heels of its upbeat annual profit and revenue forecasts.</p><p>Fast-food chain <a href=\"https://laohu8.com/S/WEN\">Wendy&#39;s Co</a> jumped 9.8% after a regulatory filing revealed that shareholder Nelson Peltz was considering a potential takeover bid for the company.</p><p>Shares of <a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp</a> fell more than 7% in after-hours trading after the company&#39;s second quarter revenue forecast missed expectations.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.56-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted three new 52-week highs and 32 new lows; the Nasdaq Composite recorded 23 new highs and 255 new lows.</p><p>Volume on U.S. exchanges was 11.19 billion shares, compared with the 13.27 billion-share average for the full session over the last 20 trading days.</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>US STOCKS-Wall Street Rallies As Fed Minutes Meet Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Rallies As Fed Minutes Meet Expectations\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\">2022-05-26 06:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Fed minutes: future 50-bp rate hikes &#39;likely&#39;</li><li>Nordstrom climbs after raising profit outlook</li><li>Nvidia Q2 revenue forecast falls short of expectations</li><li>Indexes up: Dow 0.60%, S&amp;P 0.95%, Nasdaq 1.51%</li></ul><p>May 25 (Reuters) - Wall Street closed higher Wednesday, boosted after minutes from the Federal Reserve&#39;s latest monetary policy meeting showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession.</p><p>The minutes from the Federal Open Market Committee&#39;s May meeting, which culminated in a 50-basis-point hike in the Fed funds target rate - the biggest jump in 22 years - showed most of the committee&#39;s members judged that further such rate hikes would &#34;likely be appropriate&#34; at its upcoming June and July meetings.</p><p>&#34;The uniformity of opinion is a good thing,&#34; said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. &#34;There&#39;s a lack of uncertainty of what needs to be done in the near-term.&#34;</p><p>&#34;By the time (the Fed) gets to September, they will have plenty of economic data to make their move from there, so they continue to maintain optionality,&#34; Mayfield added.</p><p>All three major U.S. stock indexes gyrated earlier in the day amid increasing jitters stemming from business and consumer surveys, economic data and corporate earnings reports suggesting a cooling American economy - even as the Fed prepares to toss a bucket of cold water on it to tackle decades-high inflation.</p><p>Fears that overly aggressive interest rate hikes by the Fed could tip the economy into recession despite evidence that inflation peaked in March has fueled those concerns.</p><p>&#34;There’s some credence to the idea that inflation is doing (the Fed’s) job for them,&#34; Mayfield said. &#34;There’s already a cooling occurring, and financial conditions have tightened over the last month because of dollar strength and equity market weakness.&#34;</p><p>On Thursday, the Commerce Department is due to release its second take on first-quarter GDP, which analysts expect to slow a slightly shallower contraction than the 1.4% quarterly annualized drop originally reported.</p><p>The Personal Consumption Expenditures (PCE) report will follow on Friday, which will provide further clues regarding consumer spending and whether inflation peaked in March, as other indicators have suggested.</p><p>The Dow Jones Industrial Average (.DJI) rose 191.66 points, or 0.6%, to 32,120.28, the S&amp;P 500 (.SPX) gained 37.25 points, or 0.95%, to 3,978.73 and the Nasdaq Composite (.IXIC) added 170.29 points, or 1.51%, to 11,434.74.</p><p>Nine of the 11 major sectors in the S&amp;P 500 rose, with consumer discretionary stocks (.SPLRCD) leading the pack with a gain of 2.8%.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc </a> and <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc </a> provided the strongest lift to the S&amp;P 500 and the Nasdaq, rising 2.6% and 4.9%, respectively.</p><p>Department store operator <a href=\"https://laohu8.com/S/JWN\">Nordstrom Inc </a> surged 14.0% on the heels of its upbeat annual profit and revenue forecasts.</p><p>Fast-food chain <a href=\"https://laohu8.com/S/WEN\">Wendy&#39;s Co</a> jumped 9.8% after a regulatory filing revealed that shareholder Nelson Peltz was considering a potential takeover bid for the company.</p><p>Shares of <a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp</a> fell more than 7% in after-hours trading after the company&#39;s second quarter revenue forecast missed expectations.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.56-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted three new 52-week highs and 32 new lows; the Nasdaq Composite recorded 23 new highs and 255 new lows.</p><p>Volume on U.S. exchanges was 11.19 billion shares, compared with the 13.27 billion-share average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","NVDA":"英伟达",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182828365","content_text":"Fed minutes: future 50-bp rate hikes 'likely'Nordstrom climbs after raising profit outlookNvidia Q2 revenue forecast falls short of expectationsIndexes up: Dow 0.60%, S&P 0.95%, Nasdaq 1.51%May 25 (Reuters) - Wall Street closed higher Wednesday, boosted after minutes from the Federal Reserve's latest monetary policy meeting showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession.The minutes from the Federal Open Market Committee's May meeting, which culminated in a 50-basis-point hike in the Fed funds target rate - the biggest jump in 22 years - showed most of the committee's members judged that further such rate hikes would \"likely be appropriate\" at its upcoming June and July meetings.\"The uniformity of opinion is a good thing,\" said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. \"There's a lack of uncertainty of what needs to be done in the near-term.\"\"By the time (the Fed) gets to September, they will have plenty of economic data to make their move from there, so they continue to maintain optionality,\" Mayfield added.All three major U.S. stock indexes gyrated earlier in the day amid increasing jitters stemming from business and consumer surveys, economic data and corporate earnings reports suggesting a cooling American economy - even as the Fed prepares to toss a bucket of cold water on it to tackle decades-high inflation.Fears that overly aggressive interest rate hikes by the Fed could tip the economy into recession despite evidence that inflation peaked in March has fueled those concerns.\"There’s some credence to the idea that inflation is doing (the Fed’s) job for them,\" Mayfield said. \"There’s already a cooling occurring, and financial conditions have tightened over the last month because of dollar strength and equity market weakness.\"On Thursday, the Commerce Department is due to release its second take on first-quarter GDP, which analysts expect to slow a slightly shallower contraction than the 1.4% quarterly annualized drop originally reported.The Personal Consumption Expenditures (PCE) report will follow on Friday, which will provide further clues regarding consumer spending and whether inflation peaked in March, as other indicators have suggested.The Dow Jones Industrial Average (.DJI) rose 191.66 points, or 0.6%, to 32,120.28, the S&P 500 (.SPX) gained 37.25 points, or 0.95%, to 3,978.73 and the Nasdaq Composite (.IXIC) added 170.29 points, or 1.51%, to 11,434.74.Nine of the 11 major sectors in the S&P 500 rose, with consumer discretionary stocks (.SPLRCD) leading the pack with a gain of 2.8%.Amazon.com Inc  and Tesla Inc  provided the strongest lift to the S&P 500 and the Nasdaq, rising 2.6% and 4.9%, respectively.Department store operator Nordstrom Inc  surged 14.0% on the heels of its upbeat annual profit and revenue forecasts.Fast-food chain Wendy's Co jumped 9.8% after a regulatory filing revealed that shareholder Nelson Peltz was considering a potential takeover bid for the company.Shares of Nvidia Corp fell more than 7% in after-hours trading after the company's second quarter revenue forecast missed expectations.Advancing issues outnumbered declining ones on the NYSE by a 3.56-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.The S&P 500 posted three new 52-week highs and 32 new lows; the Nasdaq Composite recorded 23 new highs and 255 new lows.Volume on U.S. exchanges was 11.19 billion shares, compared with the 13.27 billion-share average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022161959,"gmtCreate":1653492093071,"gmtModify":1676535291761,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Buy!!!","listText":"Buy!!!","text":"Buy!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022161959","repostId":"2238588705","repostType":4,"repost":{"id":"2238588705","pubTimestamp":1653465040,"share":"https://www.laohu8.com/m/news/2238588705?lang=&edition=full","pubTime":"2022-05-25 15:50","market":"us","language":"en","title":"Is Alibaba Stock a Buy Ahead of Earnings? 5-Star Analyst Weighs In","url":"https://stock-news.laohu8.com/highlight/detail?id=2238588705","media":"TipRanks","summary":"Before Thursday’s market action kicks off, Alibaba (BABA) will step up to the earnings plate and del","content":"<div>\n<p>Before Thursday’s market action kicks off, Alibaba (BABA) will step up to the earnings plate and deliver F4Q22’s financials. The latest quarterly update comes against a backdrop of a contracting ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/is-alibaba-stock-a-buy-ahead-of-earnings-5-star-analyst-weighs-in/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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 Ahead of Earnings? 5-Star Analyst Weighs In</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 Ahead of Earnings? 5-Star Analyst Weighs In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-25 15:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/is-alibaba-stock-a-buy-ahead-of-earnings-5-star-analyst-weighs-in/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Before Thursday’s market action kicks off, Alibaba (BABA) will step up to the earnings plate and deliver F4Q22’s financials. The latest quarterly update comes against a backdrop of a contracting ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/is-alibaba-stock-a-buy-ahead-of-earnings-5-star-analyst-weighs-in/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","BABA":"阿里巴巴"},"source_url":"https://www.tipranks.com/news/article/is-alibaba-stock-a-buy-ahead-of-earnings-5-star-analyst-weighs-in/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238588705","content_text":"Before Thursday’s market action kicks off, Alibaba (BABA) will step up to the earnings plate and deliver F4Q22’s financials. The latest quarterly update comes against a backdrop of a contracting Chinese economy, supply chain woes and the recent zero-COVID lockdowns.Taking these factors into consideration, ahead of the print, Baird’s 5-star analyst Colin Sebastian thinks some revisions are in order on the outlook for F23.The analyst now anticipates F1Q23 (June) revenues will increase by 4% year-over-year to reach ¥214.7 billion, below the prior forecast of ¥228.4 billion. This factors in the China commerce and international commerce segments dialing in revenue of ¥144.8 billion and ¥15.9 billion, respectively, vs. the ¥157.4 billion and ¥16.7 billion expected before. Sebastian’s full year forecast now calls for revenue of ¥945.7 billion, below the previous estimate of ¥959.3 billion.The new revised estimates “primarily reflect the deceleration in e-commerce and retail sales reported by China's NBS for April.” “Additionally,” Sebastian explained, “we believe that additional headwinds from recent pandemic-related lock downs in certain cities could impact New Retail and advertising revenues.”There are also respective reductions to the F1Q and FY23 EBITA estimates; these now stand at ¥45 billion (representing a 20% margin) and ¥149.8 billion (15.8% margin vs. the prior 18.6%).Despite the “near-term headwinds,” the company's continued focus on innovation and product development is encouraging and there have been signs the operating climate for Internet companies in China may be “normalizing.”“If that proves accurate,” says the analyst, “we believe there could be material upside in shares over the long term. For now, however, we think management's tone could remain cautious with respect to near-term growth and margins.”Other things to look out for on the earnings call include the recent lockdowns’ effect on the supply chain, the state of the regulatory environment, the progress of Taobao Deals and Taocaicai, growth and margins of the Cloud segment and the company’s capex plans.All in all, Sebastian reiterated an Outperform (i.e. Buy) rating on BABA shares along with a $144 price target. Should his thesis play out, a potential upside of ~75% could be in the cards.Overall, the analysts are fully behind Alibaba right now; based on Buys only - 18, in total - the stock boasts a Strong Buy consensus rating. Shares are priced at $82.47, and their $168.79 average price target suggests room for ~105% growth on the one-year time horizon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028474968,"gmtCreate":1653271815154,"gmtModify":1676535251491,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>Cheong!!!&nbsp;","listText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>Cheong!!!&nbsp;","text":"$ChargePoint Holdings Inc.(CHPT)$Cheong!!!","images":[{"img":"https://community-static.tradeup.com/news/47506fd33cb5d43b521590afbdba22db","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028474968","isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9028475468,"gmtCreate":1653271781154,"gmtModify":1676535251499,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FB\">$Meta Platforms, Inc.(FB)$</a>Up up!&nbsp;","listText":"<a href=\"https://ttm.financial/S/FB\">$Meta Platforms, Inc.(FB)$</a>Up up!&nbsp;","text":"$Meta Platforms, Inc.(FB)$Up up!","images":[{"img":"https://community-static.tradeup.com/news/f29cdda517da29abd1454f37d0bd37b7","width":"750","height":"2499"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028475468","isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9028475662,"gmtCreate":1653271724256,"gmtModify":1676535251484,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!!!&nbsp;","listText":"Cheong!!!&nbsp;","text":"Cheong!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028475662","repostId":"1162644158","repostType":4,"repost":{"id":"1162644158","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":1653259854,"share":"https://www.laohu8.com/m/news/1162644158?lang=&edition=full","pubTime":"2022-05-23 06:50","market":"us","language":"en","title":"Bear Market, GDP, and Davos: What to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1162644158","media":"Reuters","summary":"The global business elite will gather in the mountains of Davos, Switzerland this week amid a backdr","content":"<html><head></head><body><p>The global business elite will gather in the mountains of Davos, Switzerland this week amid a backdrop of turbulent markets and an uncertain economic outlook.</p><p>For the first time in over two years, CEOs, politicians, and billionaires are set to congregate at the World Economic Forum following a pandemic-induced hiatus. Russia’s war in Ukraine, the COVID-19 pandemic, and worries of economic gloom will be among the key topics discussed, as the world&#39;s top leaders face the most uncertain outlook for global cooperation in years.</p><p>A top-of-mind issue for many Davos attendees will no doubt be recent turbulence in financial markets, as the S&amp;P 500 just completed its seventh consecutive week of losses, the longest streak since 2001. The benchmark index has fallen seven weeks in a row only twice since 1980, according to market data.</p><p>The S&amp;P 500 slid into bear market territory — defined as a 20% drop from recent highs — intraday on Friday, but a late afternoon rally prevented a close below this line. In the week ahead, traders will keep and eye on 3,837.24, with a close below this level confirming the S&amp;P 500&#39;s first bear market since 2020.</p><p>On the economic front, minutes from the Federal Reserve’s May 4 meeting are set for release on Wednesday, and are expected to give investors a better picture of where policymakers see interest rates headed in 2022. Uncertainty around the pace and magnitude of the Federal Reserve’s rate hiking cycle has pressured equity markets, with investors bracing for an economic slowdown as signs emerge that inflation is becoming entrenched in pockets of the economy.</p><p>A rash of U.S. economic data will also be closely watched by traders, particularly Thursday&#39;s second estimate of first quarter GDP growth. The nation’s gross domestic product – the broadest measure of economic activity – contracted at an annualized rate of 1.4% between January and March as lingering supply chain imbalances, inflation, and disruptions from war in Eastern Europe weighed on growth. The updated estimate is expected to show a revised contraction of 1.3%, according to Bloomberg estimates.</p><p>Elsewhere on the economic calendar, the Bureau of Economic Analysis is scheduled to release a fresh read on its monthly personal consumption expenditures (PCE). PCE, the Federal Reserve&#39;s preferred inflation measure, will offer markets the latest look at how quickly prices are increasing across the country. Economists expect PCE to slightly abate, registering a monthly climb of 0.2% in April, down from last month’s reading of 0.9%, according to Bloomberg data. The reading would still mark the 17th consecutive monthly increase and mark a 6.2% increase in the index compared to last year.</p><p>Corporate earnings also remain in focus after big box retailers Walmart (WMT) and Target (TGT) spooked investors last week, as the retailers cut forecasts and told investors their inventory channels had become bloated. Target erased a quarter of its market value, and Walmart shares fell 20% – the biggest declines since the 1987 crash. The companies also dragged down the overall retail sector along with them — the SPDR S&amp;P Retail ETF (XRT) fell over 9% last week.</p><p>“Investors have been struggling with the three ‘Cs’ so far this year: central banks, conflict in Ukraine, and China’s recurring shutdowns,” Brian Jacobsen, senior investment strategist at Allspring Global Investments said. “This past week we had to add another &#39;C,&#39; compressing profit margins from big retailers.”</p><p>“There was bound to be some payback from the pandemic-induced profit surge a lot of companies experienced, but that payback might be bigger than originally thought,” Jacobsen noted. “Businesses have to deal with higher input costs, consumers crimped by high prices, and shifting spending patterns.”</p><p>Reports from more retailers are underway next week, with results due out from names including Macy’s (M), Dick&#39;s Sporting Goods (DKS), and Ulta Beauty (ULTA). The results are likely to provide more clarity to investors on the state of U.S. consumers and resilience of corporate profits in the face of persistent inflation.</p><p>&#34;Unfortunately there&#39;s no safe haven,” ER Shares chief operating officer Eva Ados told Yahoo Finance Live. “When we see the news that came out of consumer discretionary and staples, that shows the struggles that companies have regardless of their size, and ironically, these are the sectors – staples and consumer discretionary – that are viewed as safe havens in a bad economic market.&#34;</p><p>A lackluster earnings season is winding down. S&amp;P 500 companies reporting results for the first quarter have seen the largest negative price reaction to positive earnings per share surprises since 2011, according to data from FactSet.</p><p>As of Friday, 95% of the companies in the S&amp;P 500 have reported earnings for the first quarter, with 77% reflecting actual earnings per share above the mean EPS estimate. However, companies that have reported positive earnings surprises have seen an average price decrease of 0.5% two days before the earnings release through two days after the earnings release, per FactSet. This percentage decrease is well below the five-year average price increase of 0.8% during this same window for companies reporting positive earnings surprises.</p><p><b>Economic calendar</b></p><p>Monday: Chicago Fed National Activity Index, April (0.44 during prior month)</p><p>Tuesday: S&amp;P Global US Manufacturing PMI, May preliminary (57.8 expected, 59.2 during prior month); S&amp;P Global US Services PMI, May preliminary (55.5 expected, 55.6 during prior month); S&amp;P Global US Composite PMI, May preliminary (55.5 expected, 56.0 during prior month); Richmond Fed Manufacturing Index, May (12 expected, 14 during prior month); New Home Sales, April (750,000 expected, 763,000 during prior month); New Home Sales, month-over-month, April (-1.7%, -8.6% during prior month)</p><p>Wednesday: MBA Mortgage Applications, week ended May 20 (-11.0% during prior week); Durable goods orders, April preliminary (0.6% expected, 1.1% during prior month); Durables excluding transportation, April preliminary (0.6% expected, 1.4% during prior month); Non-defense capital goods orders excluding aircraft, April preliminary (0.5% expected, 1.3% during prior month) Non-defense capital goods shipments excluding aircraft, April preliminary (0.5% expected, 0.4%during prior month); FOMC Meeting Minutes, May 4</p><p>Thursday: GDP Annualized, quarter-over-quarter, 1Q second (-1.3% expected, -1.4% prior); Personal Consumption, quarter-over-quarter, 1Q second (2.8% expected, 2.7% prior); GDP Price Index, quarter-over-quarter, 1Q second (8.0% expected, 8.0% prior); Core PCE, quarter-over-quarter, 1Q second (5.2% expected, 5.2% prior); Initial Jobless Claims, week ended May 21 (210,000 expected, 218,000 during prior week); Continuing Claims, week ended May 14 (1.310 million expected, 1.317 million during prior week); Pending Home Sales, month-over-month, April (-1.9% expected, -1.2% during prior month); Pending Home Sales NSA, year-over-year, April (-8.9% during prior month); Kansas City Fed Manufacturing Index, May (20 expected, 25 during prior month)</p><p>Friday: Advance Goods Trade Balance, April (-$114.8 billion expected, -$125.3 billion during prior month, revised to -$127.1 billion); Wholesale Inventories, month-over-month, April preliminary (2.0% expected, 2.3% during previous month), Personal Income, month-over-month, April (0.5% expected, 0.5% during prior month); Personal Spending, month-over-month, April (0.6% expected, 1.1% during prior month); Real Personal Spending, month-over-month, April (0.5% expected, 0.2% during prior month); Retail Inventories, month-over-month, April (2.0% during prior month); PCE Deflator, month-over-month, April (0.2% expected, 0.9% during prior month); PCE Deflator, year-over-year, April (6.2% expected, 6.6% during prior month); PCE Core Deflator, month-over-month, April (0.3% expected, 0.3% during prior month); PCE core deflator, year-over-year, April (4.9% expected, 5.2% during prior month); University of Michigan Sentiment, May final (59.1 expected, 59.1 during prior month); University of Michigan Current Conditions, May final (63.6 during prior month); University of Michigan Expectations, May final (56.3 during prior month); University of Michigan 1-Year Inflation, May final (5.4% during prior month); University of Michigan 5-10-Year Inflation, May final (3.0% during prior month)</p><p><b>Earnings calendar</b><img src=\"https://static.tigerbbs.com/c03112e83e14b0595f63b07b7c089c4f\" tg-width=\"1800\" tg-height=\"1430\" referrerpolicy=\"no-referrer\"/>Monday</p><p>Before market open: No notable reports scheduled for release.</p><p>After market close: Zoom Video Communications (ZM), Advance Auto Parts (AAP), Nordson (NDSN)</p><p>Tuesday</p><p>Before market open: Autozone (AZO), Best Buy (BBY), Abercrombie and Fitch (ANF), Ralph Lauren (RL), Petco (WOOF)</p><p>After market close: Nordstrom (JWN), Agilent Technologies (A), Toll Brothers (TOL)</p><p>Wednesday</p><p>Before market open: Dick’s Sporting Goods (DKS), Express (EXPR), Bank of Montreal (BMO)</p><p>After market close: Nvidia (NDA), Box (BOX), Nutanix (NTNX)</p><p>Thursday</p><p>Before market open:, Macy’s (M), Dollar Tree (DLTR), Dollar General (DG), Ulta Beauty (ULTA), Lions Gate (LGF), VMware (VMW), Alibaba (BABA), Burlington Stores (BURL), Jack in the Box (JACK), Buckle (BKE)</p><p>After market close: Costco (COST), Dell Technologies (DELL), Gap (GPS), Autodesk (ADSK), Workday (WDAY), Sumo Logic (SUMO), American Eagle Outfitters (AEO)</p><p>Friday</p><p>Before market open: Big Lots (BIG), Pinduodo (PDD)</p><p>After market close: No notable reports scheduled for release.</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>Bear Market, GDP, and Davos: What to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBear Market, GDP, and Davos: What to Watch This Week\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\">2022-05-23 06:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The global business elite will gather in the mountains of Davos, Switzerland this week amid a backdrop of turbulent markets and an uncertain economic outlook.</p><p>For the first time in over two years, CEOs, politicians, and billionaires are set to congregate at the World Economic Forum following a pandemic-induced hiatus. Russia’s war in Ukraine, the COVID-19 pandemic, and worries of economic gloom will be among the key topics discussed, as the world&#39;s top leaders face the most uncertain outlook for global cooperation in years.</p><p>A top-of-mind issue for many Davos attendees will no doubt be recent turbulence in financial markets, as the S&amp;P 500 just completed its seventh consecutive week of losses, the longest streak since 2001. The benchmark index has fallen seven weeks in a row only twice since 1980, according to market data.</p><p>The S&amp;P 500 slid into bear market territory — defined as a 20% drop from recent highs — intraday on Friday, but a late afternoon rally prevented a close below this line. In the week ahead, traders will keep and eye on 3,837.24, with a close below this level confirming the S&amp;P 500&#39;s first bear market since 2020.</p><p>On the economic front, minutes from the Federal Reserve’s May 4 meeting are set for release on Wednesday, and are expected to give investors a better picture of where policymakers see interest rates headed in 2022. Uncertainty around the pace and magnitude of the Federal Reserve’s rate hiking cycle has pressured equity markets, with investors bracing for an economic slowdown as signs emerge that inflation is becoming entrenched in pockets of the economy.</p><p>A rash of U.S. economic data will also be closely watched by traders, particularly Thursday&#39;s second estimate of first quarter GDP growth. The nation’s gross domestic product – the broadest measure of economic activity – contracted at an annualized rate of 1.4% between January and March as lingering supply chain imbalances, inflation, and disruptions from war in Eastern Europe weighed on growth. The updated estimate is expected to show a revised contraction of 1.3%, according to Bloomberg estimates.</p><p>Elsewhere on the economic calendar, the Bureau of Economic Analysis is scheduled to release a fresh read on its monthly personal consumption expenditures (PCE). PCE, the Federal Reserve&#39;s preferred inflation measure, will offer markets the latest look at how quickly prices are increasing across the country. Economists expect PCE to slightly abate, registering a monthly climb of 0.2% in April, down from last month’s reading of 0.9%, according to Bloomberg data. The reading would still mark the 17th consecutive monthly increase and mark a 6.2% increase in the index compared to last year.</p><p>Corporate earnings also remain in focus after big box retailers Walmart (WMT) and Target (TGT) spooked investors last week, as the retailers cut forecasts and told investors their inventory channels had become bloated. Target erased a quarter of its market value, and Walmart shares fell 20% – the biggest declines since the 1987 crash. The companies also dragged down the overall retail sector along with them — the SPDR S&amp;P Retail ETF (XRT) fell over 9% last week.</p><p>“Investors have been struggling with the three ‘Cs’ so far this year: central banks, conflict in Ukraine, and China’s recurring shutdowns,” Brian Jacobsen, senior investment strategist at Allspring Global Investments said. “This past week we had to add another &#39;C,&#39; compressing profit margins from big retailers.”</p><p>“There was bound to be some payback from the pandemic-induced profit surge a lot of companies experienced, but that payback might be bigger than originally thought,” Jacobsen noted. “Businesses have to deal with higher input costs, consumers crimped by high prices, and shifting spending patterns.”</p><p>Reports from more retailers are underway next week, with results due out from names including Macy’s (M), Dick&#39;s Sporting Goods (DKS), and Ulta Beauty (ULTA). The results are likely to provide more clarity to investors on the state of U.S. consumers and resilience of corporate profits in the face of persistent inflation.</p><p>&#34;Unfortunately there&#39;s no safe haven,” ER Shares chief operating officer Eva Ados told Yahoo Finance Live. “When we see the news that came out of consumer discretionary and staples, that shows the struggles that companies have regardless of their size, and ironically, these are the sectors – staples and consumer discretionary – that are viewed as safe havens in a bad economic market.&#34;</p><p>A lackluster earnings season is winding down. S&amp;P 500 companies reporting results for the first quarter have seen the largest negative price reaction to positive earnings per share surprises since 2011, according to data from FactSet.</p><p>As of Friday, 95% of the companies in the S&amp;P 500 have reported earnings for the first quarter, with 77% reflecting actual earnings per share above the mean EPS estimate. However, companies that have reported positive earnings surprises have seen an average price decrease of 0.5% two days before the earnings release through two days after the earnings release, per FactSet. This percentage decrease is well below the five-year average price increase of 0.8% during this same window for companies reporting positive earnings surprises.</p><p><b>Economic calendar</b></p><p>Monday: Chicago Fed National Activity Index, April (0.44 during prior month)</p><p>Tuesday: S&amp;P Global US Manufacturing PMI, May preliminary (57.8 expected, 59.2 during prior month); S&amp;P Global US Services PMI, May preliminary (55.5 expected, 55.6 during prior month); S&amp;P Global US Composite PMI, May preliminary (55.5 expected, 56.0 during prior month); Richmond Fed Manufacturing Index, May (12 expected, 14 during prior month); New Home Sales, April (750,000 expected, 763,000 during prior month); New Home Sales, month-over-month, April (-1.7%, -8.6% during prior month)</p><p>Wednesday: MBA Mortgage Applications, week ended May 20 (-11.0% during prior week); Durable goods orders, April preliminary (0.6% expected, 1.1% during prior month); Durables excluding transportation, April preliminary (0.6% expected, 1.4% during prior month); Non-defense capital goods orders excluding aircraft, April preliminary (0.5% expected, 1.3% during prior month) Non-defense capital goods shipments excluding aircraft, April preliminary (0.5% expected, 0.4%during prior month); FOMC Meeting Minutes, May 4</p><p>Thursday: GDP Annualized, quarter-over-quarter, 1Q second (-1.3% expected, -1.4% prior); Personal Consumption, quarter-over-quarter, 1Q second (2.8% expected, 2.7% prior); GDP Price Index, quarter-over-quarter, 1Q second (8.0% expected, 8.0% prior); Core PCE, quarter-over-quarter, 1Q second (5.2% expected, 5.2% prior); Initial Jobless Claims, week ended May 21 (210,000 expected, 218,000 during prior week); Continuing Claims, week ended May 14 (1.310 million expected, 1.317 million during prior week); Pending Home Sales, month-over-month, April (-1.9% expected, -1.2% during prior month); Pending Home Sales NSA, year-over-year, April (-8.9% during prior month); Kansas City Fed Manufacturing Index, May (20 expected, 25 during prior month)</p><p>Friday: Advance Goods Trade Balance, April (-$114.8 billion expected, -$125.3 billion during prior month, revised to -$127.1 billion); Wholesale Inventories, month-over-month, April preliminary (2.0% expected, 2.3% during previous month), Personal Income, month-over-month, April (0.5% expected, 0.5% during prior month); Personal Spending, month-over-month, April (0.6% expected, 1.1% during prior month); Real Personal Spending, month-over-month, April (0.5% expected, 0.2% during prior month); Retail Inventories, month-over-month, April (2.0% during prior month); PCE Deflator, month-over-month, April (0.2% expected, 0.9% during prior month); PCE Deflator, year-over-year, April (6.2% expected, 6.6% during prior month); PCE Core Deflator, month-over-month, April (0.3% expected, 0.3% during prior month); PCE core deflator, year-over-year, April (4.9% expected, 5.2% during prior month); University of Michigan Sentiment, May final (59.1 expected, 59.1 during prior month); University of Michigan Current Conditions, May final (63.6 during prior month); University of Michigan Expectations, May final (56.3 during prior month); University of Michigan 1-Year Inflation, May final (5.4% during prior month); University of Michigan 5-10-Year Inflation, May final (3.0% during prior month)</p><p><b>Earnings calendar</b><img src=\"https://static.tigerbbs.com/c03112e83e14b0595f63b07b7c089c4f\" tg-width=\"1800\" tg-height=\"1430\" referrerpolicy=\"no-referrer\"/>Monday</p><p>Before market open: No notable reports scheduled for release.</p><p>After market close: Zoom Video Communications (ZM), Advance Auto Parts (AAP), Nordson (NDSN)</p><p>Tuesday</p><p>Before market open: Autozone (AZO), Best Buy (BBY), Abercrombie and Fitch (ANF), Ralph Lauren (RL), Petco (WOOF)</p><p>After market close: Nordstrom (JWN), Agilent Technologies (A), Toll Brothers (TOL)</p><p>Wednesday</p><p>Before market open: Dick’s Sporting Goods (DKS), Express (EXPR), Bank of Montreal (BMO)</p><p>After market close: Nvidia (NDA), Box (BOX), Nutanix (NTNX)</p><p>Thursday</p><p>Before market open:, Macy’s (M), Dollar Tree (DLTR), Dollar General (DG), Ulta Beauty (ULTA), Lions Gate (LGF), VMware (VMW), Alibaba (BABA), Burlington Stores (BURL), Jack in the Box (JACK), Buckle (BKE)</p><p>After market close: Costco (COST), Dell Technologies (DELL), Gap (GPS), Autodesk (ADSK), Workday (WDAY), Sumo Logic (SUMO), American Eagle Outfitters (AEO)</p><p>Friday</p><p>Before market open: Big Lots (BIG), Pinduodo (PDD)</p><p>After market close: No notable reports scheduled for release.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162644158","content_text":"The global business elite will gather in the mountains of Davos, Switzerland this week amid a backdrop of turbulent markets and an uncertain economic outlook.For the first time in over two years, CEOs, politicians, and billionaires are set to congregate at the World Economic Forum following a pandemic-induced hiatus. Russia’s war in Ukraine, the COVID-19 pandemic, and worries of economic gloom will be among the key topics discussed, as the world's top leaders face the most uncertain outlook for global cooperation in years.A top-of-mind issue for many Davos attendees will no doubt be recent turbulence in financial markets, as the S&P 500 just completed its seventh consecutive week of losses, the longest streak since 2001. The benchmark index has fallen seven weeks in a row only twice since 1980, according to market data.The S&P 500 slid into bear market territory — defined as a 20% drop from recent highs — intraday on Friday, but a late afternoon rally prevented a close below this line. In the week ahead, traders will keep and eye on 3,837.24, with a close below this level confirming the S&P 500's first bear market since 2020.On the economic front, minutes from the Federal Reserve’s May 4 meeting are set for release on Wednesday, and are expected to give investors a better picture of where policymakers see interest rates headed in 2022. Uncertainty around the pace and magnitude of the Federal Reserve’s rate hiking cycle has pressured equity markets, with investors bracing for an economic slowdown as signs emerge that inflation is becoming entrenched in pockets of the economy.A rash of U.S. economic data will also be closely watched by traders, particularly Thursday's second estimate of first quarter GDP growth. The nation’s gross domestic product – the broadest measure of economic activity – contracted at an annualized rate of 1.4% between January and March as lingering supply chain imbalances, inflation, and disruptions from war in Eastern Europe weighed on growth. The updated estimate is expected to show a revised contraction of 1.3%, according to Bloomberg estimates.Elsewhere on the economic calendar, the Bureau of Economic Analysis is scheduled to release a fresh read on its monthly personal consumption expenditures (PCE). PCE, the Federal Reserve's preferred inflation measure, will offer markets the latest look at how quickly prices are increasing across the country. Economists expect PCE to slightly abate, registering a monthly climb of 0.2% in April, down from last month’s reading of 0.9%, according to Bloomberg data. The reading would still mark the 17th consecutive monthly increase and mark a 6.2% increase in the index compared to last year.Corporate earnings also remain in focus after big box retailers Walmart (WMT) and Target (TGT) spooked investors last week, as the retailers cut forecasts and told investors their inventory channels had become bloated. Target erased a quarter of its market value, and Walmart shares fell 20% – the biggest declines since the 1987 crash. The companies also dragged down the overall retail sector along with them — the SPDR S&P Retail ETF (XRT) fell over 9% last week.“Investors have been struggling with the three ‘Cs’ so far this year: central banks, conflict in Ukraine, and China’s recurring shutdowns,” Brian Jacobsen, senior investment strategist at Allspring Global Investments said. “This past week we had to add another 'C,' compressing profit margins from big retailers.”“There was bound to be some payback from the pandemic-induced profit surge a lot of companies experienced, but that payback might be bigger than originally thought,” Jacobsen noted. “Businesses have to deal with higher input costs, consumers crimped by high prices, and shifting spending patterns.”Reports from more retailers are underway next week, with results due out from names including Macy’s (M), Dick's Sporting Goods (DKS), and Ulta Beauty (ULTA). The results are likely to provide more clarity to investors on the state of U.S. consumers and resilience of corporate profits in the face of persistent inflation.\"Unfortunately there's no safe haven,” ER Shares chief operating officer Eva Ados told Yahoo Finance Live. “When we see the news that came out of consumer discretionary and staples, that shows the struggles that companies have regardless of their size, and ironically, these are the sectors – staples and consumer discretionary – that are viewed as safe havens in a bad economic market.\"A lackluster earnings season is winding down. S&P 500 companies reporting results for the first quarter have seen the largest negative price reaction to positive earnings per share surprises since 2011, according to data from FactSet.As of Friday, 95% of the companies in the S&P 500 have reported earnings for the first quarter, with 77% reflecting actual earnings per share above the mean EPS estimate. However, companies that have reported positive earnings surprises have seen an average price decrease of 0.5% two days before the earnings release through two days after the earnings release, per FactSet. This percentage decrease is well below the five-year average price increase of 0.8% during this same window for companies reporting positive earnings surprises.Economic calendarMonday: Chicago Fed National Activity Index, April (0.44 during prior month)Tuesday: S&P Global US Manufacturing PMI, May preliminary (57.8 expected, 59.2 during prior month); S&P Global US Services PMI, May preliminary (55.5 expected, 55.6 during prior month); S&P Global US Composite PMI, May preliminary (55.5 expected, 56.0 during prior month); Richmond Fed Manufacturing Index, May (12 expected, 14 during prior month); New Home Sales, April (750,000 expected, 763,000 during prior month); New Home Sales, month-over-month, April (-1.7%, -8.6% during prior month)Wednesday: MBA Mortgage Applications, week ended May 20 (-11.0% during prior week); Durable goods orders, April preliminary (0.6% expected, 1.1% during prior month); Durables excluding transportation, April preliminary (0.6% expected, 1.4% during prior month); Non-defense capital goods orders excluding aircraft, April preliminary (0.5% expected, 1.3% during prior month) Non-defense capital goods shipments excluding aircraft, April preliminary (0.5% expected, 0.4%during prior month); FOMC Meeting Minutes, May 4Thursday: GDP Annualized, quarter-over-quarter, 1Q second (-1.3% expected, -1.4% prior); Personal Consumption, quarter-over-quarter, 1Q second (2.8% expected, 2.7% prior); GDP Price Index, quarter-over-quarter, 1Q second (8.0% expected, 8.0% prior); Core PCE, quarter-over-quarter, 1Q second (5.2% expected, 5.2% prior); Initial Jobless Claims, week ended May 21 (210,000 expected, 218,000 during prior week); Continuing Claims, week ended May 14 (1.310 million expected, 1.317 million during prior week); Pending Home Sales, month-over-month, April (-1.9% expected, -1.2% during prior month); Pending Home Sales NSA, year-over-year, April (-8.9% during prior month); Kansas City Fed Manufacturing Index, May (20 expected, 25 during prior month)Friday: Advance Goods Trade Balance, April (-$114.8 billion expected, -$125.3 billion during prior month, revised to -$127.1 billion); Wholesale Inventories, month-over-month, April preliminary (2.0% expected, 2.3% during previous month), Personal Income, month-over-month, April (0.5% expected, 0.5% during prior month); Personal Spending, month-over-month, April (0.6% expected, 1.1% during prior month); Real Personal Spending, month-over-month, April (0.5% expected, 0.2% during prior month); Retail Inventories, month-over-month, April (2.0% during prior month); PCE Deflator, month-over-month, April (0.2% expected, 0.9% during prior month); PCE Deflator, year-over-year, April (6.2% expected, 6.6% during prior month); PCE Core Deflator, month-over-month, April (0.3% expected, 0.3% during prior month); PCE core deflator, year-over-year, April (4.9% expected, 5.2% during prior month); University of Michigan Sentiment, May final (59.1 expected, 59.1 during prior month); University of Michigan Current Conditions, May final (63.6 during prior month); University of Michigan Expectations, May final (56.3 during prior month); University of Michigan 1-Year Inflation, May final (5.4% during prior month); University of Michigan 5-10-Year Inflation, May final (3.0% during prior month)Earnings calendarMondayBefore market open: No notable reports scheduled for release.After market close: Zoom Video Communications (ZM), Advance Auto Parts (AAP), Nordson (NDSN)TuesdayBefore market open: Autozone (AZO), Best Buy (BBY), Abercrombie and Fitch (ANF), Ralph Lauren (RL), Petco (WOOF)After market close: Nordstrom (JWN), Agilent Technologies (A), Toll Brothers (TOL)WednesdayBefore market open: Dick’s Sporting Goods (DKS), Express (EXPR), Bank of Montreal (BMO)After market close: Nvidia (NDA), Box (BOX), Nutanix (NTNX)ThursdayBefore market open:, Macy’s (M), Dollar Tree (DLTR), Dollar General (DG), Ulta Beauty (ULTA), Lions Gate (LGF), VMware (VMW), Alibaba (BABA), Burlington Stores (BURL), Jack in the Box (JACK), Buckle (BKE)After market close: Costco (COST), Dell Technologies (DELL), Gap (GPS), Autodesk (ADSK), Workday (WDAY), Sumo Logic (SUMO), American Eagle Outfitters (AEO)FridayBefore market open: Big Lots (BIG), Pinduodo (PDD)After market close: No notable reports scheduled for release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028476745,"gmtCreate":1653271586687,"gmtModify":1676535251444,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!&nbsp;","listText":"Cheong!&nbsp;","text":"Cheong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028476745","repostId":"1162644158","repostType":4,"repost":{"id":"1162644158","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":1653259854,"share":"https://www.laohu8.com/m/news/1162644158?lang=&edition=full","pubTime":"2022-05-23 06:50","market":"us","language":"en","title":"Bear Market, GDP, and Davos: What to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1162644158","media":"Reuters","summary":"The global business elite will gather in the mountains of Davos, Switzerland this week amid a backdr","content":"<html><head></head><body><p>The global business elite will gather in the mountains of Davos, Switzerland this week amid a backdrop of turbulent markets and an uncertain economic outlook.</p><p>For the first time in over two years, CEOs, politicians, and billionaires are set to congregate at the World Economic Forum following a pandemic-induced hiatus. Russia’s war in Ukraine, the COVID-19 pandemic, and worries of economic gloom will be among the key topics discussed, as the world&#39;s top leaders face the most uncertain outlook for global cooperation in years.</p><p>A top-of-mind issue for many Davos attendees will no doubt be recent turbulence in financial markets, as the S&amp;P 500 just completed its seventh consecutive week of losses, the longest streak since 2001. The benchmark index has fallen seven weeks in a row only twice since 1980, according to market data.</p><p>The S&amp;P 500 slid into bear market territory — defined as a 20% drop from recent highs — intraday on Friday, but a late afternoon rally prevented a close below this line. In the week ahead, traders will keep and eye on 3,837.24, with a close below this level confirming the S&amp;P 500&#39;s first bear market since 2020.</p><p>On the economic front, minutes from the Federal Reserve’s May 4 meeting are set for release on Wednesday, and are expected to give investors a better picture of where policymakers see interest rates headed in 2022. Uncertainty around the pace and magnitude of the Federal Reserve’s rate hiking cycle has pressured equity markets, with investors bracing for an economic slowdown as signs emerge that inflation is becoming entrenched in pockets of the economy.</p><p>A rash of U.S. economic data will also be closely watched by traders, particularly Thursday&#39;s second estimate of first quarter GDP growth. The nation’s gross domestic product – the broadest measure of economic activity – contracted at an annualized rate of 1.4% between January and March as lingering supply chain imbalances, inflation, and disruptions from war in Eastern Europe weighed on growth. The updated estimate is expected to show a revised contraction of 1.3%, according to Bloomberg estimates.</p><p>Elsewhere on the economic calendar, the Bureau of Economic Analysis is scheduled to release a fresh read on its monthly personal consumption expenditures (PCE). PCE, the Federal Reserve&#39;s preferred inflation measure, will offer markets the latest look at how quickly prices are increasing across the country. Economists expect PCE to slightly abate, registering a monthly climb of 0.2% in April, down from last month’s reading of 0.9%, according to Bloomberg data. The reading would still mark the 17th consecutive monthly increase and mark a 6.2% increase in the index compared to last year.</p><p>Corporate earnings also remain in focus after big box retailers Walmart (WMT) and Target (TGT) spooked investors last week, as the retailers cut forecasts and told investors their inventory channels had become bloated. Target erased a quarter of its market value, and Walmart shares fell 20% – the biggest declines since the 1987 crash. The companies also dragged down the overall retail sector along with them — the SPDR S&amp;P Retail ETF (XRT) fell over 9% last week.</p><p>“Investors have been struggling with the three ‘Cs’ so far this year: central banks, conflict in Ukraine, and China’s recurring shutdowns,” Brian Jacobsen, senior investment strategist at Allspring Global Investments said. “This past week we had to add another &#39;C,&#39; compressing profit margins from big retailers.”</p><p>“There was bound to be some payback from the pandemic-induced profit surge a lot of companies experienced, but that payback might be bigger than originally thought,” Jacobsen noted. “Businesses have to deal with higher input costs, consumers crimped by high prices, and shifting spending patterns.”</p><p>Reports from more retailers are underway next week, with results due out from names including Macy’s (M), Dick&#39;s Sporting Goods (DKS), and Ulta Beauty (ULTA). The results are likely to provide more clarity to investors on the state of U.S. consumers and resilience of corporate profits in the face of persistent inflation.</p><p>&#34;Unfortunately there&#39;s no safe haven,” ER Shares chief operating officer Eva Ados told Yahoo Finance Live. “When we see the news that came out of consumer discretionary and staples, that shows the struggles that companies have regardless of their size, and ironically, these are the sectors – staples and consumer discretionary – that are viewed as safe havens in a bad economic market.&#34;</p><p>A lackluster earnings season is winding down. S&amp;P 500 companies reporting results for the first quarter have seen the largest negative price reaction to positive earnings per share surprises since 2011, according to data from FactSet.</p><p>As of Friday, 95% of the companies in the S&amp;P 500 have reported earnings for the first quarter, with 77% reflecting actual earnings per share above the mean EPS estimate. However, companies that have reported positive earnings surprises have seen an average price decrease of 0.5% two days before the earnings release through two days after the earnings release, per FactSet. This percentage decrease is well below the five-year average price increase of 0.8% during this same window for companies reporting positive earnings surprises.</p><p><b>Economic calendar</b></p><p>Monday: Chicago Fed National Activity Index, April (0.44 during prior month)</p><p>Tuesday: S&amp;P Global US Manufacturing PMI, May preliminary (57.8 expected, 59.2 during prior month); S&amp;P Global US Services PMI, May preliminary (55.5 expected, 55.6 during prior month); S&amp;P Global US Composite PMI, May preliminary (55.5 expected, 56.0 during prior month); Richmond Fed Manufacturing Index, May (12 expected, 14 during prior month); New Home Sales, April (750,000 expected, 763,000 during prior month); New Home Sales, month-over-month, April (-1.7%, -8.6% during prior month)</p><p>Wednesday: MBA Mortgage Applications, week ended May 20 (-11.0% during prior week); Durable goods orders, April preliminary (0.6% expected, 1.1% during prior month); Durables excluding transportation, April preliminary (0.6% expected, 1.4% during prior month); Non-defense capital goods orders excluding aircraft, April preliminary (0.5% expected, 1.3% during prior month) Non-defense capital goods shipments excluding aircraft, April preliminary (0.5% expected, 0.4%during prior month); FOMC Meeting Minutes, May 4</p><p>Thursday: GDP Annualized, quarter-over-quarter, 1Q second (-1.3% expected, -1.4% prior); Personal Consumption, quarter-over-quarter, 1Q second (2.8% expected, 2.7% prior); GDP Price Index, quarter-over-quarter, 1Q second (8.0% expected, 8.0% prior); Core PCE, quarter-over-quarter, 1Q second (5.2% expected, 5.2% prior); Initial Jobless Claims, week ended May 21 (210,000 expected, 218,000 during prior week); Continuing Claims, week ended May 14 (1.310 million expected, 1.317 million during prior week); Pending Home Sales, month-over-month, April (-1.9% expected, -1.2% during prior month); Pending Home Sales NSA, year-over-year, April (-8.9% during prior month); Kansas City Fed Manufacturing Index, May (20 expected, 25 during prior month)</p><p>Friday: Advance Goods Trade Balance, April (-$114.8 billion expected, -$125.3 billion during prior month, revised to -$127.1 billion); Wholesale Inventories, month-over-month, April preliminary (2.0% expected, 2.3% during previous month), Personal Income, month-over-month, April (0.5% expected, 0.5% during prior month); Personal Spending, month-over-month, April (0.6% expected, 1.1% during prior month); Real Personal Spending, month-over-month, April (0.5% expected, 0.2% during prior month); Retail Inventories, month-over-month, April (2.0% during prior month); PCE Deflator, month-over-month, April (0.2% expected, 0.9% during prior month); PCE Deflator, year-over-year, April (6.2% expected, 6.6% during prior month); PCE Core Deflator, month-over-month, April (0.3% expected, 0.3% during prior month); PCE core deflator, year-over-year, April (4.9% expected, 5.2% during prior month); University of Michigan Sentiment, May final (59.1 expected, 59.1 during prior month); University of Michigan Current Conditions, May final (63.6 during prior month); University of Michigan Expectations, May final (56.3 during prior month); University of Michigan 1-Year Inflation, May final (5.4% during prior month); University of Michigan 5-10-Year Inflation, May final (3.0% during prior month)</p><p><b>Earnings calendar</b><img src=\"https://static.tigerbbs.com/c03112e83e14b0595f63b07b7c089c4f\" tg-width=\"1800\" tg-height=\"1430\" referrerpolicy=\"no-referrer\"/>Monday</p><p>Before market open: No notable reports scheduled for release.</p><p>After market close: Zoom Video Communications (ZM), Advance Auto Parts (AAP), Nordson (NDSN)</p><p>Tuesday</p><p>Before market open: Autozone (AZO), Best Buy (BBY), Abercrombie and Fitch (ANF), Ralph Lauren (RL), Petco (WOOF)</p><p>After market close: Nordstrom (JWN), Agilent Technologies (A), Toll Brothers (TOL)</p><p>Wednesday</p><p>Before market open: Dick’s Sporting Goods (DKS), Express (EXPR), Bank of Montreal (BMO)</p><p>After market close: Nvidia (NDA), Box (BOX), Nutanix (NTNX)</p><p>Thursday</p><p>Before market open:, Macy’s (M), Dollar Tree (DLTR), Dollar General (DG), Ulta Beauty (ULTA), Lions Gate (LGF), VMware (VMW), Alibaba (BABA), Burlington Stores (BURL), Jack in the Box (JACK), Buckle (BKE)</p><p>After market close: Costco (COST), Dell Technologies (DELL), Gap (GPS), Autodesk (ADSK), Workday (WDAY), Sumo Logic (SUMO), American Eagle Outfitters (AEO)</p><p>Friday</p><p>Before market open: Big Lots (BIG), Pinduodo (PDD)</p><p>After market close: No notable reports scheduled for release.</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>Bear Market, GDP, and Davos: What to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBear Market, GDP, and Davos: What to Watch This Week\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\">2022-05-23 06:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The global business elite will gather in the mountains of Davos, Switzerland this week amid a backdrop of turbulent markets and an uncertain economic outlook.</p><p>For the first time in over two years, CEOs, politicians, and billionaires are set to congregate at the World Economic Forum following a pandemic-induced hiatus. Russia’s war in Ukraine, the COVID-19 pandemic, and worries of economic gloom will be among the key topics discussed, as the world&#39;s top leaders face the most uncertain outlook for global cooperation in years.</p><p>A top-of-mind issue for many Davos attendees will no doubt be recent turbulence in financial markets, as the S&amp;P 500 just completed its seventh consecutive week of losses, the longest streak since 2001. The benchmark index has fallen seven weeks in a row only twice since 1980, according to market data.</p><p>The S&amp;P 500 slid into bear market territory — defined as a 20% drop from recent highs — intraday on Friday, but a late afternoon rally prevented a close below this line. In the week ahead, traders will keep and eye on 3,837.24, with a close below this level confirming the S&amp;P 500&#39;s first bear market since 2020.</p><p>On the economic front, minutes from the Federal Reserve’s May 4 meeting are set for release on Wednesday, and are expected to give investors a better picture of where policymakers see interest rates headed in 2022. Uncertainty around the pace and magnitude of the Federal Reserve’s rate hiking cycle has pressured equity markets, with investors bracing for an economic slowdown as signs emerge that inflation is becoming entrenched in pockets of the economy.</p><p>A rash of U.S. economic data will also be closely watched by traders, particularly Thursday&#39;s second estimate of first quarter GDP growth. The nation’s gross domestic product – the broadest measure of economic activity – contracted at an annualized rate of 1.4% between January and March as lingering supply chain imbalances, inflation, and disruptions from war in Eastern Europe weighed on growth. The updated estimate is expected to show a revised contraction of 1.3%, according to Bloomberg estimates.</p><p>Elsewhere on the economic calendar, the Bureau of Economic Analysis is scheduled to release a fresh read on its monthly personal consumption expenditures (PCE). PCE, the Federal Reserve&#39;s preferred inflation measure, will offer markets the latest look at how quickly prices are increasing across the country. Economists expect PCE to slightly abate, registering a monthly climb of 0.2% in April, down from last month’s reading of 0.9%, according to Bloomberg data. The reading would still mark the 17th consecutive monthly increase and mark a 6.2% increase in the index compared to last year.</p><p>Corporate earnings also remain in focus after big box retailers Walmart (WMT) and Target (TGT) spooked investors last week, as the retailers cut forecasts and told investors their inventory channels had become bloated. Target erased a quarter of its market value, and Walmart shares fell 20% – the biggest declines since the 1987 crash. The companies also dragged down the overall retail sector along with them — the SPDR S&amp;P Retail ETF (XRT) fell over 9% last week.</p><p>“Investors have been struggling with the three ‘Cs’ so far this year: central banks, conflict in Ukraine, and China’s recurring shutdowns,” Brian Jacobsen, senior investment strategist at Allspring Global Investments said. “This past week we had to add another &#39;C,&#39; compressing profit margins from big retailers.”</p><p>“There was bound to be some payback from the pandemic-induced profit surge a lot of companies experienced, but that payback might be bigger than originally thought,” Jacobsen noted. “Businesses have to deal with higher input costs, consumers crimped by high prices, and shifting spending patterns.”</p><p>Reports from more retailers are underway next week, with results due out from names including Macy’s (M), Dick&#39;s Sporting Goods (DKS), and Ulta Beauty (ULTA). The results are likely to provide more clarity to investors on the state of U.S. consumers and resilience of corporate profits in the face of persistent inflation.</p><p>&#34;Unfortunately there&#39;s no safe haven,” ER Shares chief operating officer Eva Ados told Yahoo Finance Live. “When we see the news that came out of consumer discretionary and staples, that shows the struggles that companies have regardless of their size, and ironically, these are the sectors – staples and consumer discretionary – that are viewed as safe havens in a bad economic market.&#34;</p><p>A lackluster earnings season is winding down. S&amp;P 500 companies reporting results for the first quarter have seen the largest negative price reaction to positive earnings per share surprises since 2011, according to data from FactSet.</p><p>As of Friday, 95% of the companies in the S&amp;P 500 have reported earnings for the first quarter, with 77% reflecting actual earnings per share above the mean EPS estimate. However, companies that have reported positive earnings surprises have seen an average price decrease of 0.5% two days before the earnings release through two days after the earnings release, per FactSet. This percentage decrease is well below the five-year average price increase of 0.8% during this same window for companies reporting positive earnings surprises.</p><p><b>Economic calendar</b></p><p>Monday: Chicago Fed National Activity Index, April (0.44 during prior month)</p><p>Tuesday: S&amp;P Global US Manufacturing PMI, May preliminary (57.8 expected, 59.2 during prior month); S&amp;P Global US Services PMI, May preliminary (55.5 expected, 55.6 during prior month); S&amp;P Global US Composite PMI, May preliminary (55.5 expected, 56.0 during prior month); Richmond Fed Manufacturing Index, May (12 expected, 14 during prior month); New Home Sales, April (750,000 expected, 763,000 during prior month); New Home Sales, month-over-month, April (-1.7%, -8.6% during prior month)</p><p>Wednesday: MBA Mortgage Applications, week ended May 20 (-11.0% during prior week); Durable goods orders, April preliminary (0.6% expected, 1.1% during prior month); Durables excluding transportation, April preliminary (0.6% expected, 1.4% during prior month); Non-defense capital goods orders excluding aircraft, April preliminary (0.5% expected, 1.3% during prior month) Non-defense capital goods shipments excluding aircraft, April preliminary (0.5% expected, 0.4%during prior month); FOMC Meeting Minutes, May 4</p><p>Thursday: GDP Annualized, quarter-over-quarter, 1Q second (-1.3% expected, -1.4% prior); Personal Consumption, quarter-over-quarter, 1Q second (2.8% expected, 2.7% prior); GDP Price Index, quarter-over-quarter, 1Q second (8.0% expected, 8.0% prior); Core PCE, quarter-over-quarter, 1Q second (5.2% expected, 5.2% prior); Initial Jobless Claims, week ended May 21 (210,000 expected, 218,000 during prior week); Continuing Claims, week ended May 14 (1.310 million expected, 1.317 million during prior week); Pending Home Sales, month-over-month, April (-1.9% expected, -1.2% during prior month); Pending Home Sales NSA, year-over-year, April (-8.9% during prior month); Kansas City Fed Manufacturing Index, May (20 expected, 25 during prior month)</p><p>Friday: Advance Goods Trade Balance, April (-$114.8 billion expected, -$125.3 billion during prior month, revised to -$127.1 billion); Wholesale Inventories, month-over-month, April preliminary (2.0% expected, 2.3% during previous month), Personal Income, month-over-month, April (0.5% expected, 0.5% during prior month); Personal Spending, month-over-month, April (0.6% expected, 1.1% during prior month); Real Personal Spending, month-over-month, April (0.5% expected, 0.2% during prior month); Retail Inventories, month-over-month, April (2.0% during prior month); PCE Deflator, month-over-month, April (0.2% expected, 0.9% during prior month); PCE Deflator, year-over-year, April (6.2% expected, 6.6% during prior month); PCE Core Deflator, month-over-month, April (0.3% expected, 0.3% during prior month); PCE core deflator, year-over-year, April (4.9% expected, 5.2% during prior month); University of Michigan Sentiment, May final (59.1 expected, 59.1 during prior month); University of Michigan Current Conditions, May final (63.6 during prior month); University of Michigan Expectations, May final (56.3 during prior month); University of Michigan 1-Year Inflation, May final (5.4% during prior month); University of Michigan 5-10-Year Inflation, May final (3.0% during prior month)</p><p><b>Earnings calendar</b><img src=\"https://static.tigerbbs.com/c03112e83e14b0595f63b07b7c089c4f\" tg-width=\"1800\" tg-height=\"1430\" referrerpolicy=\"no-referrer\"/>Monday</p><p>Before market open: No notable reports scheduled for release.</p><p>After market close: Zoom Video Communications (ZM), Advance Auto Parts (AAP), Nordson (NDSN)</p><p>Tuesday</p><p>Before market open: Autozone (AZO), Best Buy (BBY), Abercrombie and Fitch (ANF), Ralph Lauren (RL), Petco (WOOF)</p><p>After market close: Nordstrom (JWN), Agilent Technologies (A), Toll Brothers (TOL)</p><p>Wednesday</p><p>Before market open: Dick’s Sporting Goods (DKS), Express (EXPR), Bank of Montreal (BMO)</p><p>After market close: Nvidia (NDA), Box (BOX), Nutanix (NTNX)</p><p>Thursday</p><p>Before market open:, Macy’s (M), Dollar Tree (DLTR), Dollar General (DG), Ulta Beauty (ULTA), Lions Gate (LGF), VMware (VMW), Alibaba (BABA), Burlington Stores (BURL), Jack in the Box (JACK), Buckle (BKE)</p><p>After market close: Costco (COST), Dell Technologies (DELL), Gap (GPS), Autodesk (ADSK), Workday (WDAY), Sumo Logic (SUMO), American Eagle Outfitters (AEO)</p><p>Friday</p><p>Before market open: Big Lots (BIG), Pinduodo (PDD)</p><p>After market close: No notable reports scheduled for release.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162644158","content_text":"The global business elite will gather in the mountains of Davos, Switzerland this week amid a backdrop of turbulent markets and an uncertain economic outlook.For the first time in over two years, CEOs, politicians, and billionaires are set to congregate at the World Economic Forum following a pandemic-induced hiatus. Russia’s war in Ukraine, the COVID-19 pandemic, and worries of economic gloom will be among the key topics discussed, as the world's top leaders face the most uncertain outlook for global cooperation in years.A top-of-mind issue for many Davos attendees will no doubt be recent turbulence in financial markets, as the S&P 500 just completed its seventh consecutive week of losses, the longest streak since 2001. The benchmark index has fallen seven weeks in a row only twice since 1980, according to market data.The S&P 500 slid into bear market territory — defined as a 20% drop from recent highs — intraday on Friday, but a late afternoon rally prevented a close below this line. In the week ahead, traders will keep and eye on 3,837.24, with a close below this level confirming the S&P 500's first bear market since 2020.On the economic front, minutes from the Federal Reserve’s May 4 meeting are set for release on Wednesday, and are expected to give investors a better picture of where policymakers see interest rates headed in 2022. Uncertainty around the pace and magnitude of the Federal Reserve’s rate hiking cycle has pressured equity markets, with investors bracing for an economic slowdown as signs emerge that inflation is becoming entrenched in pockets of the economy.A rash of U.S. economic data will also be closely watched by traders, particularly Thursday's second estimate of first quarter GDP growth. The nation’s gross domestic product – the broadest measure of economic activity – contracted at an annualized rate of 1.4% between January and March as lingering supply chain imbalances, inflation, and disruptions from war in Eastern Europe weighed on growth. The updated estimate is expected to show a revised contraction of 1.3%, according to Bloomberg estimates.Elsewhere on the economic calendar, the Bureau of Economic Analysis is scheduled to release a fresh read on its monthly personal consumption expenditures (PCE). PCE, the Federal Reserve's preferred inflation measure, will offer markets the latest look at how quickly prices are increasing across the country. Economists expect PCE to slightly abate, registering a monthly climb of 0.2% in April, down from last month’s reading of 0.9%, according to Bloomberg data. The reading would still mark the 17th consecutive monthly increase and mark a 6.2% increase in the index compared to last year.Corporate earnings also remain in focus after big box retailers Walmart (WMT) and Target (TGT) spooked investors last week, as the retailers cut forecasts and told investors their inventory channels had become bloated. Target erased a quarter of its market value, and Walmart shares fell 20% – the biggest declines since the 1987 crash. The companies also dragged down the overall retail sector along with them — the SPDR S&P Retail ETF (XRT) fell over 9% last week.“Investors have been struggling with the three ‘Cs’ so far this year: central banks, conflict in Ukraine, and China’s recurring shutdowns,” Brian Jacobsen, senior investment strategist at Allspring Global Investments said. “This past week we had to add another 'C,' compressing profit margins from big retailers.”“There was bound to be some payback from the pandemic-induced profit surge a lot of companies experienced, but that payback might be bigger than originally thought,” Jacobsen noted. “Businesses have to deal with higher input costs, consumers crimped by high prices, and shifting spending patterns.”Reports from more retailers are underway next week, with results due out from names including Macy’s (M), Dick's Sporting Goods (DKS), and Ulta Beauty (ULTA). The results are likely to provide more clarity to investors on the state of U.S. consumers and resilience of corporate profits in the face of persistent inflation.\"Unfortunately there's no safe haven,” ER Shares chief operating officer Eva Ados told Yahoo Finance Live. “When we see the news that came out of consumer discretionary and staples, that shows the struggles that companies have regardless of their size, and ironically, these are the sectors – staples and consumer discretionary – that are viewed as safe havens in a bad economic market.\"A lackluster earnings season is winding down. S&P 500 companies reporting results for the first quarter have seen the largest negative price reaction to positive earnings per share surprises since 2011, according to data from FactSet.As of Friday, 95% of the companies in the S&P 500 have reported earnings for the first quarter, with 77% reflecting actual earnings per share above the mean EPS estimate. However, companies that have reported positive earnings surprises have seen an average price decrease of 0.5% two days before the earnings release through two days after the earnings release, per FactSet. This percentage decrease is well below the five-year average price increase of 0.8% during this same window for companies reporting positive earnings surprises.Economic calendarMonday: Chicago Fed National Activity Index, April (0.44 during prior month)Tuesday: S&P Global US Manufacturing PMI, May preliminary (57.8 expected, 59.2 during prior month); S&P Global US Services PMI, May preliminary (55.5 expected, 55.6 during prior month); S&P Global US Composite PMI, May preliminary (55.5 expected, 56.0 during prior month); Richmond Fed Manufacturing Index, May (12 expected, 14 during prior month); New Home Sales, April (750,000 expected, 763,000 during prior month); New Home Sales, month-over-month, April (-1.7%, -8.6% during prior month)Wednesday: MBA Mortgage Applications, week ended May 20 (-11.0% during prior week); Durable goods orders, April preliminary (0.6% expected, 1.1% during prior month); Durables excluding transportation, April preliminary (0.6% expected, 1.4% during prior month); Non-defense capital goods orders excluding aircraft, April preliminary (0.5% expected, 1.3% during prior month) Non-defense capital goods shipments excluding aircraft, April preliminary (0.5% expected, 0.4%during prior month); FOMC Meeting Minutes, May 4Thursday: GDP Annualized, quarter-over-quarter, 1Q second (-1.3% expected, -1.4% prior); Personal Consumption, quarter-over-quarter, 1Q second (2.8% expected, 2.7% prior); GDP Price Index, quarter-over-quarter, 1Q second (8.0% expected, 8.0% prior); Core PCE, quarter-over-quarter, 1Q second (5.2% expected, 5.2% prior); Initial Jobless Claims, week ended May 21 (210,000 expected, 218,000 during prior week); Continuing Claims, week ended May 14 (1.310 million expected, 1.317 million during prior week); Pending Home Sales, month-over-month, April (-1.9% expected, -1.2% during prior month); Pending Home Sales NSA, year-over-year, April (-8.9% during prior month); Kansas City Fed Manufacturing Index, May (20 expected, 25 during prior month)Friday: Advance Goods Trade Balance, April (-$114.8 billion expected, -$125.3 billion during prior month, revised to -$127.1 billion); Wholesale Inventories, month-over-month, April preliminary (2.0% expected, 2.3% during previous month), Personal Income, month-over-month, April (0.5% expected, 0.5% during prior month); Personal Spending, month-over-month, April (0.6% expected, 1.1% during prior month); Real Personal Spending, month-over-month, April (0.5% expected, 0.2% during prior month); Retail Inventories, month-over-month, April (2.0% during prior month); PCE Deflator, month-over-month, April (0.2% expected, 0.9% during prior month); PCE Deflator, year-over-year, April (6.2% expected, 6.6% during prior month); PCE Core Deflator, month-over-month, April (0.3% expected, 0.3% during prior month); PCE core deflator, year-over-year, April (4.9% expected, 5.2% during prior month); University of Michigan Sentiment, May final (59.1 expected, 59.1 during prior month); University of Michigan Current Conditions, May final (63.6 during prior month); University of Michigan Expectations, May final (56.3 during prior month); University of Michigan 1-Year Inflation, May final (5.4% during prior month); University of Michigan 5-10-Year Inflation, May final (3.0% during prior month)Earnings calendarMondayBefore market open: No notable reports scheduled for release.After market close: Zoom Video Communications (ZM), Advance Auto Parts (AAP), Nordson (NDSN)TuesdayBefore market open: Autozone (AZO), Best Buy (BBY), Abercrombie and Fitch (ANF), Ralph Lauren (RL), Petco (WOOF)After market close: Nordstrom (JWN), Agilent Technologies (A), Toll Brothers (TOL)WednesdayBefore market open: Dick’s Sporting Goods (DKS), Express (EXPR), Bank of Montreal (BMO)After market close: Nvidia (NDA), Box (BOX), Nutanix (NTNX)ThursdayBefore market open:, Macy’s (M), Dollar Tree (DLTR), Dollar General (DG), Ulta Beauty (ULTA), Lions Gate (LGF), VMware (VMW), Alibaba (BABA), Burlington Stores (BURL), Jack in the Box (JACK), Buckle (BKE)After market close: Costco (COST), Dell Technologies (DELL), Gap (GPS), Autodesk (ADSK), Workday (WDAY), Sumo Logic (SUMO), American Eagle Outfitters (AEO)FridayBefore market open: Big Lots (BIG), Pinduodo (PDD)After market close: No notable reports scheduled for release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028871490,"gmtCreate":1653202185510,"gmtModify":1676535239963,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>HUAT!&nbsp;","listText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>HUAT!&nbsp;","text":"$ChargePoint Holdings Inc.(CHPT)$HUAT!","images":[{"img":"https://community-static.tradeup.com/news/47506fd33cb5d43b521590afbdba22db","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028871490","isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9028871856,"gmtCreate":1653202153475,"gmtModify":1676535239944,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SCHD\">$Schwab US Dividend Equity ETF(SCHD)$</a>Buy?&nbsp;","listText":"<a href=\"https://ttm.financial/S/SCHD\">$Schwab US Dividend Equity ETF(SCHD)$</a>Buy?&nbsp;","text":"$Schwab US Dividend Equity ETF(SCHD)$Buy?","images":[{"img":"https://community-static.tradeup.com/news/46f5cda2dd352d843eac83c530b39656","width":"750","height":"2607"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028871856","isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9028871902,"gmtCreate":1653202078406,"gmtModify":1676535239936,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!&nbsp;","listText":"Cheong!&nbsp;","text":"Cheong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028871902","repostId":"2237028702","repostType":4,"repost":{"id":"2237028702","pubTimestamp":1653192000,"share":"https://www.laohu8.com/m/news/2237028702?lang=&edition=full","pubTime":"2022-05-22 12:00","market":"us","language":"en","title":"Nvidia: Ridiculous Times Indeed","url":"https://stock-news.laohu8.com/highlight/detail?id=2237028702","media":"Seekingalpha","summary":"SummaryA friendly reminder that Nvidia will be reporting FQ1'23 earnings on 25 May 2022.In light of ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>A friendly reminder that Nvidia will be reporting FQ1&#39;23 earnings on 25 May 2022.</li><li>In light of macro issues and the collapse of the cryptocurrency market, we expect short-term pain ahead.</li><li>As a result, we encourage patience for NVDA investors for now, given the recent market consolidation.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d7343c8a58ddc860a09d49a813086a1\" tg-width=\"1080\" tg-height=\"741\" referrerpolicy=\"no-referrer\"/><span>Diamond Dogs/iStock via Getty Images</span></p><p><b>Investment Thesis</b></p><p>Nvidia (NASDAQ:NVDA) is expected to report earnings for FQ1&#39;23 on 25 May 2022. However, investors should not be rushing to play the earnings game, considering the macro pessimism. Furthermore, given how NVDA had been closely tied to the cryptocurrency mining, we may expect reduced sales moving forward, seeing how the whole market had lost over $1T of combined value in recent days.</p><p>However, we encourage NVDA investors to ignore the noise as the stock remains a solid investment for the next decade. Nonetheless, please do not buy the dip as we expect the stock to retrace in the next few weeks, as the market grapples with the macro pessimism and crypto crash.</p><p><b>Why Did NVDA Fall From Grace?</b></p><p><b>NVDA Revenue, Net Income, and Gross Margin</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c8b7f527622943487f298f58aec0a8f\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>S&amp;P Capital IQ</span></p><p>Pre-pandemic, NVDA had grown its revenue and net income at a steady CAGR of 16.44% and 18.9%. It obviously grew exponentially in the past two years, given the massive demand for personal devices due to the increased remote work/ study/ entertainment options during the COVID-19 pandemic. As a result, NVDA grew its revenues at a tremendous CAGR of 57.05%, while its net income rose even faster at a CAGR of 86.94%. The company also steadily improved its gross margins from 58.8% in FY2017 to 64.9% in FY2022.</p><p><b>NVDA 5Y Stock Price</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41f98282f6ea46ae8ad6b84c285f70dc\" tg-width=\"640\" tg-height=\"229\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>As a result, it is evident that NVDA investors had benefited from its stellar growth, given that the stock had risen by 580% in the past two years, before the drastic moderation that occurred in late 2021.</p><p><b>NVDA 5Y EV/Revenue and P/E Valuations</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb56f00646af22e85bd8a43914c1b14a\" tg-width=\"640\" tg-height=\"228\" referrerpolicy=\"no-referrer\"/><span>S&amp;P Capital IQ</span></p><p>However, we believe that the market correction is expected, given that NVDA was trading at ridiculous valuations at its peak, with EV/NTM Revenue of 28x and NTM P/E of 72.98x. That is way higher than Intel&#39;s (INTC) valuation of EV/NTM Revenue of 4.19x and NTM P/E of 15.47x in the past three years, and even AMD (AMD) at 10.59x and 65.39x, respectively. In hindsight, it is evident that NVDA has been highly (maybe over) valued, given its exposure to multiple market segments, such as AI technology, autonomous EVs, cloud computing servers, cryptocurrency, and metaverse, amongst others.</p><p>Nonetheless, we may also see a short-term impact, given Meta&#39;s (FB) slowing investments in the Reality Labs ( metaverse),reduced demand for GPUs from the crypto mining, and impacted auto production outputs from China&#39;s Zero Covid Policy. As a result, given the uncertainties, we expect the pain to continue for a while longer as the market consolidates in the next few quarters.</p><p>In the meantime, we encourage you to read our previous article on NVDA, which would help you better understand its market opportunities in the AI technology, automotive, and data center industries.</p><p><b>NVDA Is Still Investing In Growth, Though We See Short-Term Impacts</b></p><p><b>NVDA Cash/ Equivalents, FCF, and FCF Margins</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdb6487d84c744bc4e43411a3930b4d1\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>S&amp;P Capital IQ</span></p><p>Nonetheless, NVDA has been an excellent Free Cash Flow (FCF) generator, while reporting its record-breaking FCF of $8.13B and FCF margins of 30.2% in FY2022. The company also ended the year with a decent $1.99B of cash and equivalents, which will prove helpful for its expanding R&amp;D expenses at an average of 21.5% to its annual revenues in the past five years.</p><p><b>NVDA R&amp;D Expenses and % to Revenue</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2295ab78fcdb724f700193b47538ade\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"/><span>S&amp;P Capital IQ</span></p><p>Assuming that NVDA continues its reinvestments, we may expect the company to spend up to $7.4B in R&amp;D expenses for FY2023. As an investor myself, I believe that high-growth tech companies, such as NVDA, should build up their future capabilities and product innovations, to keep their advantage in the highly competitive semiconductor industry moving forward. Nonetheless, the risks are also inherent that many companies may slow down their Capex investments in the next few quarters, given the impending recession and rising interest rates. Consequently, NVDA may also reduce its R&amp;D expenses for the short term, given the potential deceleration in revenue growth.</p><p><b>NVDA Projected Revenue and Net Income</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2badc1948a2e2ab65b118973f20c6a4\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"/><span>S&amp;P Capital IQ</span></p><p>Over the next three years, NVDA is expected to report impressive revenue and net income growth at a CAGR of 18.99% and 27.19%, respectively. For FY2023, consensus estimates that the company will report revenues of $34.77B and a net income of $14.39B, representing remarkable YoY growth of 29.2% and 47.5%, respectively.</p><p>Investors will be looking closely at NVDA&#39;s FQ1&#39;23 performance, in which it had guided for revenues of $8.1B and gross margins of 65.2%. Assuming that the company successfully smashed its own and consensus estimates of $8.09B, we can be sure of a short-term recovery. However, it is also important to note that NVDA is expected to record a one-time write-off worth $1.36B for the quarter, due to the collapse of the ARM acquisition. In addition, given the quarter&#39;s exposure to the prolonged lockdowns in China, NVDA&#39;s revenue may also be impacted negatively. As a result, we expect a mixed FQ1&#39;23 performance, potentially leading to a further decline in its stock performance. We shall see.</p><p><b>So, Is NVDA Stock A Buy, Sell, Or Hold?</b></p><p>NVDA is currently trading at an EV/NTM Revenue of 11.93x, and NTM P/E of 30x, lower than its 5Y mean of 13.34x and 39.91x, respectively. The stock is also trading at $171.24 on 19 May 2022, down 50% from 52 weeks high of $346.47. Given the recent market pessimism, there is a likelihood that the stock may retrace further below its 52 weeks low of $135.43 in the next few days, before recovering upon a positive catalyst, namely its FQ1&#39;23 earnings call on 25 May 2022.</p><p>Even then, the NVDA stock could potentially remain stagnant post-earnings, similar to its peer, AMD. The latter had reported stellar FQ1&#39;22 earnings, while also raising its FY2022 guidance. In response, the stock rose by 9% from $91.13 to $99.42 on 3 May 2022, before drifting sideways for the next two weeks to reach $96.67 on 19 May 2022. We can be sure that if such an upbeat earnings call had occurred during the heights of the pandemic, AMD would have seen a more pronounced growth in valuation and stock price, similar to the 25% growth after FQ3&#39;21 earnings and 15% growth after FQ2&#39;21 earnings. As a result, interested tech investors must be aware that we are in the midst of maximum pain, significantly worsened by the cryptocurrency winter, the ongoing Ukraine war, and China&#39;s Zero Covid Policy.</p><p>Given the uncertainties and reasons listed above, we may expect softer FQ2&#39;23 guidance from NVDA&#39;s management as well. Though the stock may seem an attractive buy at its current &#34;undervaluation,&#34; given its growth potential and promising pipeline, we would encourage prudence for now. We expect a more attractive entry point moving forward, after more clarity from its FQ1&#39;23 earnings call. Patient investors will be awarded.</p><p>Therefore, we <i>rate NVDA stock as a Hold for now.</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>Nvidia: Ridiculous Times Indeed</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\">\nNvidia: Ridiculous Times Indeed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-22 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4513449-nvidia-ridiculous-times-indeed><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryA friendly reminder that Nvidia will be reporting FQ1'23 earnings on 25 May 2022.In light of macro issues and the collapse of the cryptocurrency market, we expect short-term pain ahead.As a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4513449-nvidia-ridiculous-times-indeed\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4513449-nvidia-ridiculous-times-indeed","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2237028702","content_text":"SummaryA friendly reminder that Nvidia will be reporting FQ1'23 earnings on 25 May 2022.In light of macro issues and the collapse of the cryptocurrency market, we expect short-term pain ahead.As a result, we encourage patience for NVDA investors for now, given the recent market consolidation.Diamond Dogs/iStock via Getty ImagesInvestment ThesisNvidia (NASDAQ:NVDA) is expected to report earnings for FQ1'23 on 25 May 2022. However, investors should not be rushing to play the earnings game, considering the macro pessimism. Furthermore, given how NVDA had been closely tied to the cryptocurrency mining, we may expect reduced sales moving forward, seeing how the whole market had lost over $1T of combined value in recent days.However, we encourage NVDA investors to ignore the noise as the stock remains a solid investment for the next decade. Nonetheless, please do not buy the dip as we expect the stock to retrace in the next few weeks, as the market grapples with the macro pessimism and crypto crash.Why Did NVDA Fall From Grace?NVDA Revenue, Net Income, and Gross MarginS&P Capital IQPre-pandemic, NVDA had grown its revenue and net income at a steady CAGR of 16.44% and 18.9%. It obviously grew exponentially in the past two years, given the massive demand for personal devices due to the increased remote work/ study/ entertainment options during the COVID-19 pandemic. As a result, NVDA grew its revenues at a tremendous CAGR of 57.05%, while its net income rose even faster at a CAGR of 86.94%. The company also steadily improved its gross margins from 58.8% in FY2017 to 64.9% in FY2022.NVDA 5Y Stock PriceSeeking AlphaAs a result, it is evident that NVDA investors had benefited from its stellar growth, given that the stock had risen by 580% in the past two years, before the drastic moderation that occurred in late 2021.NVDA 5Y EV/Revenue and P/E ValuationsS&P Capital IQHowever, we believe that the market correction is expected, given that NVDA was trading at ridiculous valuations at its peak, with EV/NTM Revenue of 28x and NTM P/E of 72.98x. That is way higher than Intel's (INTC) valuation of EV/NTM Revenue of 4.19x and NTM P/E of 15.47x in the past three years, and even AMD (AMD) at 10.59x and 65.39x, respectively. In hindsight, it is evident that NVDA has been highly (maybe over) valued, given its exposure to multiple market segments, such as AI technology, autonomous EVs, cloud computing servers, cryptocurrency, and metaverse, amongst others.Nonetheless, we may also see a short-term impact, given Meta's (FB) slowing investments in the Reality Labs ( metaverse),reduced demand for GPUs from the crypto mining, and impacted auto production outputs from China's Zero Covid Policy. As a result, given the uncertainties, we expect the pain to continue for a while longer as the market consolidates in the next few quarters.In the meantime, we encourage you to read our previous article on NVDA, which would help you better understand its market opportunities in the AI technology, automotive, and data center industries.NVDA Is Still Investing In Growth, Though We See Short-Term ImpactsNVDA Cash/ Equivalents, FCF, and FCF MarginsS&P Capital IQNonetheless, NVDA has been an excellent Free Cash Flow (FCF) generator, while reporting its record-breaking FCF of $8.13B and FCF margins of 30.2% in FY2022. The company also ended the year with a decent $1.99B of cash and equivalents, which will prove helpful for its expanding R&D expenses at an average of 21.5% to its annual revenues in the past five years.NVDA R&D Expenses and % to RevenueS&P Capital IQAssuming that NVDA continues its reinvestments, we may expect the company to spend up to $7.4B in R&D expenses for FY2023. As an investor myself, I believe that high-growth tech companies, such as NVDA, should build up their future capabilities and product innovations, to keep their advantage in the highly competitive semiconductor industry moving forward. Nonetheless, the risks are also inherent that many companies may slow down their Capex investments in the next few quarters, given the impending recession and rising interest rates. Consequently, NVDA may also reduce its R&D expenses for the short term, given the potential deceleration in revenue growth.NVDA Projected Revenue and Net IncomeS&P Capital IQOver the next three years, NVDA is expected to report impressive revenue and net income growth at a CAGR of 18.99% and 27.19%, respectively. For FY2023, consensus estimates that the company will report revenues of $34.77B and a net income of $14.39B, representing remarkable YoY growth of 29.2% and 47.5%, respectively.Investors will be looking closely at NVDA's FQ1'23 performance, in which it had guided for revenues of $8.1B and gross margins of 65.2%. Assuming that the company successfully smashed its own and consensus estimates of $8.09B, we can be sure of a short-term recovery. However, it is also important to note that NVDA is expected to record a one-time write-off worth $1.36B for the quarter, due to the collapse of the ARM acquisition. In addition, given the quarter's exposure to the prolonged lockdowns in China, NVDA's revenue may also be impacted negatively. As a result, we expect a mixed FQ1'23 performance, potentially leading to a further decline in its stock performance. We shall see.So, Is NVDA Stock A Buy, Sell, Or Hold?NVDA is currently trading at an EV/NTM Revenue of 11.93x, and NTM P/E of 30x, lower than its 5Y mean of 13.34x and 39.91x, respectively. The stock is also trading at $171.24 on 19 May 2022, down 50% from 52 weeks high of $346.47. Given the recent market pessimism, there is a likelihood that the stock may retrace further below its 52 weeks low of $135.43 in the next few days, before recovering upon a positive catalyst, namely its FQ1'23 earnings call on 25 May 2022.Even then, the NVDA stock could potentially remain stagnant post-earnings, similar to its peer, AMD. The latter had reported stellar FQ1'22 earnings, while also raising its FY2022 guidance. In response, the stock rose by 9% from $91.13 to $99.42 on 3 May 2022, before drifting sideways for the next two weeks to reach $96.67 on 19 May 2022. We can be sure that if such an upbeat earnings call had occurred during the heights of the pandemic, AMD would have seen a more pronounced growth in valuation and stock price, similar to the 25% growth after FQ3'21 earnings and 15% growth after FQ2'21 earnings. As a result, interested tech investors must be aware that we are in the midst of maximum pain, significantly worsened by the cryptocurrency winter, the ongoing Ukraine war, and China's Zero Covid Policy.Given the uncertainties and reasons listed above, we may expect softer FQ2'23 guidance from NVDA's management as well. Though the stock may seem an attractive buy at its current \"undervaluation,\" given its growth potential and promising pipeline, we would encourage prudence for now. We expect a more attractive entry point moving forward, after more clarity from its FQ1'23 earnings call. Patient investors will be awarded.Therefore, we rate NVDA stock as a Hold for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028871092,"gmtCreate":1653202035716,"gmtModify":1676535239967,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"But!!!&nbsp;","listText":"But!!!&nbsp;","text":"But!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028871092","repostId":"2237089312","repostType":4,"repost":{"id":"2237089312","pubTimestamp":1653201031,"share":"https://www.laohu8.com/m/news/2237089312?lang=&edition=full","pubTime":"2022-05-22 14:30","market":"us","language":"en","title":"Palantir Gets Interesting At $5","url":"https://stock-news.laohu8.com/highlight/detail?id=2237089312","media":"seekingalpha","summary":"SummaryRecently there have been many reports of \"smart money\" investors buying PLTR following its dr","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Recently there have been many reports of &#34;smart money&#34; investors buying PLTR following its drop to $8.</li><li>It&#39;s true that the stock has gotten cheaper than it was in the past, but the most recent quarter showed major deceleration.</li><li>The stock remains fairly expensive.</li><li>In this article, I rate Palantir a &#34;hold&#34; (neutral) and explain why I&#39;d switch that rating to &#34;buy&#34; at $5.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b0cbdef35ea2b08c8aeb69a0d8ba11ec\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/><span>Andreas Rentz/Getty Images Entertainment</span></p><p><b>Palantir</b> (NYSE:PLTR) stock has been on a wild ride these last 12 months. It peaked close to $29 last year and is now at approximately $8. The stock had been sliding before this month’s earnings release. The release was a miss but, surprisingly, the stock rose in the weeks after it came out. After dipping 2.28% on the day of the release, PLTR recovered, rising 10.8% by Friday’s close.</p><p><b>Why did PLTR rise despite missing on earnings?</b></p><p>It might have had something to do with management’s statements. In the earnings call that took place after Palantir’s earnings release came out, CEO Alex Karp hit on all the right notes. Among other things, he said:</p><ul><li><p>Palantir is only doing $9 million worth of stock-based compensation this year.</p></li><li><p>The average Foundry customer spent $6.5 million on the service last year.</p></li><li><p>He has 100% of his own money invested in Palantir.</p></li></ul><p>These comments may have eased investors’ nerves. The last one, in particular, showed that Karp was 100% invested in his own company, indicating high conviction from an important insider.</p><p>Nevertheless, PLTR’s Q1 release provided some real causes for concern. It featured the company’s slowest revenue growth in years, as well as a GAAP net loss. 16% growth in government revenue was particularly concerning, as that segment has always been considered Palantir’s bread and butter. Given all of these concerns, I would hold off on buying PLTR stock for now. I do, however, think that there is a price at which the stock becomes interesting, and I will spend the remainder of this article explaining why $5 is that price.</p><p><b>Palantir’s Competitive Position</b></p><p>One of the reasons why Palantir has a non-zero value, despite its endless losses, is because of its competitive position. PLTR locks in government contracts with long lifespans, and it faces little competition in its niche. So, it has a significant amount of recurring revenue.</p><p>Many online services have attempted to come up with lists of Palantir competitors but most are not true “head to head” competitors. For example, Craft.co has a list of Palantir’s competitors, featuring some questionable inclusions. It lists:</p><ul><li><p>Tableau, a data visualization suite that does not include many of the features of Foundry and Gotham.</p></li><li><p><b>Cognizant</b> (CTSH) - an IT consulting company.</p></li></ul><p>These companies do offer data analytics, which makes them superficially similar to Palantir. However, they don’t offer comprehensive data platforms aimed mainly at Federal Government agencies, so they aren’t head-to-head competitors. However, a few possible contenders for “true competitors” stand out:</p><ul><li><p><b><a href=\"https://laohu8.com/S/IBM\">IBM</a></b> (IBM) - has numerous data platforms going after clients in the financial services sector, one of Palantir’s big client bases.</p></li><li><p><b>Tyler Technologies</b> (TYL) - a data service works with government clients.</p></li><li><p><b>Alteryx</b> (AYX) - a data platform that mostly works with private sector clients but does list some government clients on its case study page.</p></li></ul><p>The above are probably Palantir’s closest competitors. They resemble PLTR in some respects. However, they do not have Palantir’s specific expertise in managing data for intelligence and military operations. So, Palantir is uncontested in that sub-niche.</p><p>It’s a bit of a different story in the commercial part of Palantir’s business. In that space, PLTR faces dozens of competitors, and only has a 2.4% market share. Businesses that want general purpose data analytics have many options to choose from, so Palantir will have a harder time standing out in the commercial space.</p><p><b>Valuation</b></p><p>As I showed in the previous section, Palantir enjoys an admirable competitive position in providing data analytics for Military and Intelligence agencies. Its overall position in big data and machine learning is not mind blowing, but it at least has one niche locked down. This fact means that Palantir’s stock is not at risk of going to zero. Government revenue is extremely stable, as it’s backed by taxing authority, and Palantir’s government contracts last 3.5 years on average.</p><p>So, without a doubt, Palantir stock is worth some positive amount of money based on its fundamentals. As for how much it’s worth, we need to look at the stock’s valuation. According to Seeking Alpha Quant, PLTR trades at:</p><ul><li><p>67 times adjusted earnings.</p></li><li><p>9.7 times sales.</p></li><li><p>7 times book value.</p></li><li><p>65 times operating cash flow.</p></li></ul><p>These are frankly extremely high multiples these days. In 2021, at the height of the post-COVID bubble, numbers like these weren’t unheard-of. But this year, the Federal Reserve is raising interest rates and investors are taking a long, hard look at expensive companies. If you look at the stocks that have suffered notable 50%+ declines this year, it’s practically a who’s who of last year’s expensive tech stocks:</p><ul><li><p><b>Tesla</b> (TSLA).</p></li><li><p><b>Shopify</b> (SHOP).</p></li><li><p><b>Netflix</b> (NFLX).</p></li><li><p><b>Peloton</b> (PTON).</p></li></ul><p>PLTR, like these stocks, has gone down in price. However, its multiples remain high. Enough so that we might wonder whether it has further to fall. Additionally, PLTR’s revenue growth decelerated significantly in its most recent quarter–though it remained fairly high at 31%.</p><p>So there’s some basis here for thinking that PLTR has further to fall. To gauge how much further it has to fall, we need to do a discounted cash flow analysis. According to its cash flow statements, PLTR had $0.11 in free cash flow per share in the trailing 12 month period. There is no historical pattern in cash flows we can ascertain because free cash flow only became positive last year. However, we know that Palantir’s revenue is growing at 31%. If FCF grows in proportion to revenue, then the next five year’s cash flows will be:</p><ul><li><p>Base year: $0.11</p></li><li><p>Year 1: $0.144</p></li><li><p>Year 2: $0.188</p></li><li><p>Year 3: $0.25</p></li><li><p>Year 4: $0.323</p></li><li><p>Year 5: $0.424</p></li></ul><p>According to Finbox, Palantir’s weighted average cost of capital is 8.62%. If we use that as the discount rate, then five years’ cash flows can be discounted as shown below:</p><p><img src=\"https://static.tigerbbs.com/cfa3518f38fdfa46b5a3456f1e7422d4\" tg-width=\"1208\" tg-height=\"289\" referrerpolicy=\"no-referrer\"/></p><p>As you can see, the five years’ cash flows have approximately $1 in present value.</p><p>Next, we need a terminal value. If we assume growth tapers off to 0% after five years, then our final year’s cash flow is 0.424. The discount rate minus the growth rate is 3.62%. So we get a terminal value of $4.91. That plus the five year’s cash flows gives us a fair value of $5.91.</p><p>Now, I’ve been pretty conservative here by estimating sustainable growth at 0%. If you use 5% instead of 0% then you get to a fair value of $13.58. Potentially, Palantir could grow faster and longer than that. But when making estimates, it pays to be conservative. So, $5.91 is a “safe” estimate of fair value.</p><p><b>Risks and Challenges</b></p><p>As we’ve seen, Palantir stock would be a pretty safe bet at $5. If it kept up its growth, it could even be worth as much as $13.58. If the stock dips much further then, an investor probably would do well buying it. However, we aren’t quite done. Before endorsing any thesis on a stock, we need to consider the risks to shareholders, and the challenges to the thesis. In Palantir’s case, there are a good few of these. A few of the most notable are:</p><ul><li><p><b>Deceleration.</b> My basic PLTR model yielded $5.91 in present value with a sustainable growth rate of 0%, and $13.58 with a sustainable growth rate of 5%. Neither of these growth rates are over the top. The assumption of 0% growth after five years is rather conservative. However, I nevertheless assumed that PLTR’s FCF growth can stay at 31% for five full years before the deceleration kicks in. Should deceleration kick in before five years, then the fair value will end up being lower than what I’ve estimated here.</p></li><li><p><b>Stock based compensation.</b> One factor arguing that Palantir isn’t just another overhyped growth stock is its positive FCF. The company is certainly turning a “profit” in cash flow terms. However, one of the ways Palantir keeps its cash flows high is through stock based compensation. It pays its employees in heavy amounts of stock, which keeps cash costs low as it results in lower salary expense. As a result of paying out so much stock, PLTR’s share count doubled in the year following its IPO. The more shares hit the float, the less each investor’s percentage claim on earnings, and the more potential selling pressure there is. So, continued dilution via SBC is a major risk factor for PLTR stock.</p></li><li><p><b>Loss of major contracts.</b> Although Palantir’s long contract duration ensures revenue stability in the medium term, it may not be as reliable in the long term. Governments can and do cancel relationships with contractors. Sometimes, they do so for political reasons. For example, in 2021, Palantir lost a contract with a UK Health Authority due to data privacy concerns. For now, it doesn’t look like PLTR is at risk of having this happen with any U.S. clients. But it’s always a possibility, and it could cost shareholders real money.</p></li></ul><p><b>The Bottom Line</b></p><p>The bottom line on Palantir is that it’s a real, cash flow positive company whose stock is unfortunately a bit overvalued right now. There is no question that Palantir is growing and maybe even profitable by some metrics. But its growth isn’t quite fast enough to justify its current stock price. It would take $5.91 or lower for PLTR to become interesting.</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>Palantir Gets Interesting At $5</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\">\nPalantir Gets Interesting At $5\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-22 14:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4513624-palantir-gets-interesting-at-5><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryRecently there have been many reports of \"smart money\" investors buying PLTR following its drop to $8.It's true that the stock has gotten cheaper than it was in the past, but the most recent ...</p>\n\n<a href=\"https://seekingalpha.com/article/4513624-palantir-gets-interesting-at-5\">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://seekingalpha.com/article/4513624-palantir-gets-interesting-at-5","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2237089312","content_text":"SummaryRecently there have been many reports of \"smart money\" investors buying PLTR following its drop to $8.It's true that the stock has gotten cheaper than it was in the past, but the most recent quarter showed major deceleration.The stock remains fairly expensive.In this article, I rate Palantir a \"hold\" (neutral) and explain why I'd switch that rating to \"buy\" at $5.Andreas Rentz/Getty Images EntertainmentPalantir (NYSE:PLTR) stock has been on a wild ride these last 12 months. It peaked close to $29 last year and is now at approximately $8. The stock had been sliding before this month’s earnings release. The release was a miss but, surprisingly, the stock rose in the weeks after it came out. After dipping 2.28% on the day of the release, PLTR recovered, rising 10.8% by Friday’s close.Why did PLTR rise despite missing on earnings?It might have had something to do with management’s statements. In the earnings call that took place after Palantir’s earnings release came out, CEO Alex Karp hit on all the right notes. Among other things, he said:Palantir is only doing $9 million worth of stock-based compensation this year.The average Foundry customer spent $6.5 million on the service last year.He has 100% of his own money invested in Palantir.These comments may have eased investors’ nerves. The last one, in particular, showed that Karp was 100% invested in his own company, indicating high conviction from an important insider.Nevertheless, PLTR’s Q1 release provided some real causes for concern. It featured the company’s slowest revenue growth in years, as well as a GAAP net loss. 16% growth in government revenue was particularly concerning, as that segment has always been considered Palantir’s bread and butter. Given all of these concerns, I would hold off on buying PLTR stock for now. I do, however, think that there is a price at which the stock becomes interesting, and I will spend the remainder of this article explaining why $5 is that price.Palantir’s Competitive PositionOne of the reasons why Palantir has a non-zero value, despite its endless losses, is because of its competitive position. PLTR locks in government contracts with long lifespans, and it faces little competition in its niche. So, it has a significant amount of recurring revenue.Many online services have attempted to come up with lists of Palantir competitors but most are not true “head to head” competitors. For example, Craft.co has a list of Palantir’s competitors, featuring some questionable inclusions. It lists:Tableau, a data visualization suite that does not include many of the features of Foundry and Gotham.Cognizant (CTSH) - an IT consulting company.These companies do offer data analytics, which makes them superficially similar to Palantir. However, they don’t offer comprehensive data platforms aimed mainly at Federal Government agencies, so they aren’t head-to-head competitors. However, a few possible contenders for “true competitors” stand out:IBM (IBM) - has numerous data platforms going after clients in the financial services sector, one of Palantir’s big client bases.Tyler Technologies (TYL) - a data service works with government clients.Alteryx (AYX) - a data platform that mostly works with private sector clients but does list some government clients on its case study page.The above are probably Palantir’s closest competitors. They resemble PLTR in some respects. However, they do not have Palantir’s specific expertise in managing data for intelligence and military operations. So, Palantir is uncontested in that sub-niche.It’s a bit of a different story in the commercial part of Palantir’s business. In that space, PLTR faces dozens of competitors, and only has a 2.4% market share. Businesses that want general purpose data analytics have many options to choose from, so Palantir will have a harder time standing out in the commercial space.ValuationAs I showed in the previous section, Palantir enjoys an admirable competitive position in providing data analytics for Military and Intelligence agencies. Its overall position in big data and machine learning is not mind blowing, but it at least has one niche locked down. This fact means that Palantir’s stock is not at risk of going to zero. Government revenue is extremely stable, as it’s backed by taxing authority, and Palantir’s government contracts last 3.5 years on average.So, without a doubt, Palantir stock is worth some positive amount of money based on its fundamentals. As for how much it’s worth, we need to look at the stock’s valuation. According to Seeking Alpha Quant, PLTR trades at:67 times adjusted earnings.9.7 times sales.7 times book value.65 times operating cash flow.These are frankly extremely high multiples these days. In 2021, at the height of the post-COVID bubble, numbers like these weren’t unheard-of. But this year, the Federal Reserve is raising interest rates and investors are taking a long, hard look at expensive companies. If you look at the stocks that have suffered notable 50%+ declines this year, it’s practically a who’s who of last year’s expensive tech stocks:Tesla (TSLA).Shopify (SHOP).Netflix (NFLX).Peloton (PTON).PLTR, like these stocks, has gone down in price. However, its multiples remain high. Enough so that we might wonder whether it has further to fall. Additionally, PLTR’s revenue growth decelerated significantly in its most recent quarter–though it remained fairly high at 31%.So there’s some basis here for thinking that PLTR has further to fall. To gauge how much further it has to fall, we need to do a discounted cash flow analysis. According to its cash flow statements, PLTR had $0.11 in free cash flow per share in the trailing 12 month period. There is no historical pattern in cash flows we can ascertain because free cash flow only became positive last year. However, we know that Palantir’s revenue is growing at 31%. If FCF grows in proportion to revenue, then the next five year’s cash flows will be:Base year: $0.11Year 1: $0.144Year 2: $0.188Year 3: $0.25Year 4: $0.323Year 5: $0.424According to Finbox, Palantir’s weighted average cost of capital is 8.62%. If we use that as the discount rate, then five years’ cash flows can be discounted as shown below:As you can see, the five years’ cash flows have approximately $1 in present value.Next, we need a terminal value. If we assume growth tapers off to 0% after five years, then our final year’s cash flow is 0.424. The discount rate minus the growth rate is 3.62%. So we get a terminal value of $4.91. That plus the five year’s cash flows gives us a fair value of $5.91.Now, I’ve been pretty conservative here by estimating sustainable growth at 0%. If you use 5% instead of 0% then you get to a fair value of $13.58. Potentially, Palantir could grow faster and longer than that. But when making estimates, it pays to be conservative. So, $5.91 is a “safe” estimate of fair value.Risks and ChallengesAs we’ve seen, Palantir stock would be a pretty safe bet at $5. If it kept up its growth, it could even be worth as much as $13.58. If the stock dips much further then, an investor probably would do well buying it. However, we aren’t quite done. Before endorsing any thesis on a stock, we need to consider the risks to shareholders, and the challenges to the thesis. In Palantir’s case, there are a good few of these. A few of the most notable are:Deceleration. My basic PLTR model yielded $5.91 in present value with a sustainable growth rate of 0%, and $13.58 with a sustainable growth rate of 5%. Neither of these growth rates are over the top. The assumption of 0% growth after five years is rather conservative. However, I nevertheless assumed that PLTR’s FCF growth can stay at 31% for five full years before the deceleration kicks in. Should deceleration kick in before five years, then the fair value will end up being lower than what I’ve estimated here.Stock based compensation. One factor arguing that Palantir isn’t just another overhyped growth stock is its positive FCF. The company is certainly turning a “profit” in cash flow terms. However, one of the ways Palantir keeps its cash flows high is through stock based compensation. It pays its employees in heavy amounts of stock, which keeps cash costs low as it results in lower salary expense. As a result of paying out so much stock, PLTR’s share count doubled in the year following its IPO. The more shares hit the float, the less each investor’s percentage claim on earnings, and the more potential selling pressure there is. So, continued dilution via SBC is a major risk factor for PLTR stock.Loss of major contracts. Although Palantir’s long contract duration ensures revenue stability in the medium term, it may not be as reliable in the long term. Governments can and do cancel relationships with contractors. Sometimes, they do so for political reasons. For example, in 2021, Palantir lost a contract with a UK Health Authority due to data privacy concerns. For now, it doesn’t look like PLTR is at risk of having this happen with any U.S. clients. But it’s always a possibility, and it could cost shareholders real money.The Bottom LineThe bottom line on Palantir is that it’s a real, cash flow positive company whose stock is unfortunately a bit overvalued right now. There is no question that Palantir is growing and maybe even profitable by some metrics. But its growth isn’t quite fast enough to justify its current stock price. It would take $5.91 or lower for PLTR to become interesting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028088497,"gmtCreate":1653116902519,"gmtModify":1676535227709,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!&nbsp;","listText":"Cheong!&nbsp;","text":"Cheong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028088497","repostId":"2236012808","repostType":4,"repost":{"id":"2236012808","pubTimestamp":1653089869,"share":"https://www.laohu8.com/m/news/2236012808?lang=&edition=full","pubTime":"2022-05-21 07:37","market":"us","language":"en","title":"It's Down Almost 40% Year to Date -- Should Investors Buy Tesla Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2236012808","media":"Motley Fool","summary":"As the broader market continues to fall, some investors may view the EV leader's stock slump as a buying opportunity. Are they right?","content":"<html><head></head><body><p>After joining the $1 trillion market capitalization club at the end of 2021, shares of electric vehicle (EV) juggernaut <b>Tesla</b> have shifted into reverse. Between macroeconomic headwinds like 40-year-high inflation, the Fed&#39;s consequent move to raise interest rates, and concerns about the war between Russia and Ukraine, the stock market has been in quite the frenzy.</p><p>Many high-growth stocks, Tesla included, have been humbled lately as investors seek protection by shifting their attention to value companies and safer assets. CEO Elon Musk&#39;s move to potentially acquire <b>Twitter</b> certainly hasn&#39;t aided the company&#39;s case, either. With uncertainty around whether or not the deal will actually close, investors have raced to dump shares of the EV leader.</p><p>But in terms of fundamentals, Tesla continues to look dominant. The company is rapidly expanding its business on all fronts and has strengthened its balance sheet and cash generation in the process. With the stock down almost 40% year to date, should investors pull the trigger on buying Tesla today?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ecb47944e9c0966d2182e999d9a81cba\"/><span>Image source: Getty Images.</span></p><h2>Fundamentals aren&#39;t the problem</h2><p>In a quarter when investors weren&#39;t sure what to expect due to COVID-19-related shutdowns at Tesla&#39;s Shanghai factory, the EV leader delivered, and it delivered big. The company&#39;s $18.8 billion in total sales, which climbed 81% year over year, beat Wall Street expectations by $918 million. Likewise, its non-GAAP earnings per share of $3.22, equal to 246% growth, crushed consensus estimates by a whopping 42%.</p><p>To top off a record quarter, the Musk-led enterprise grew total production and vehicle deliveries by a respective 69% and 68%, producing 305,407 vehicles and delivering 310,048. Per management&#39;s guidance, investors can expect the company to achieve 50% average annual growth in deliveries over a multi-year time horizon. In fiscal 2022, analysts are modeling a top line and adjusted bottom line of $86.5 billion and $12.32/share, translating to robust year-over-year ascents of 61% and 82%, respectively.</p><p>Amid such incredible growth, the company&#39;s balance sheet and cash generation are equally thriving. In its latest quarter, the EV commander revealed that total debt excluding vehicle and energy product financing fell below $100 million. The company is manifesting the &#34;cash is king&#34; mantra as well: In the first quarter, free cash flow surged an astonishing 660% to $2.2 billion. Provided that the global EV market is projected to expand at a compound annual growth rate (CAGR) of 25% through 2028 to nearly $1 trillion, it could be said with exceedingly high confidence that Tesla is poised for more success in the coming years.</p><h2>Tesla&#39;s valuation is still high</h2><p>Even without context, though, Tesla&#39;s valuation is extremely high. The stock is trading at 98.2 times earnings at the moment, an extremely lofty multiple even post-correction.</p><p>Comparing the EV behemoth to other automobile manufacturers further underscores its expensive stock price. As seen in the below chart, competitors <b>General Motors </b>(GM 0.81%), <b>Ford</b> (F 0.55%), and <b>Toyota </b>(TM 0.26%) have price-to-earnings multiples of 6.2, 4.6, and 7.9, respectively. Whether or not Tesla deserves a premium valuation is a frequent debate among the bulls and the bears. However, it&#39;s rather indisputable that the EV stock is richly priced. It would take a major share price collapse for Tesla to truly be considered cheap.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4664e23d164238b9ae09f5957b8e89b9\" tg-width=\"720\" tg-height=\"387\" width=\"100%\" height=\"auto\"/><span>TSLA PE Ratio data by YCharts</span></p><h2>Should investors buy the stock now?</h2><p>Tesla&#39;s pullback has certainly grabbed my attention -- the company is the unequivocal pacesetter in the EV market, an industry that is still in the earlier innings of development. That said, the company&#39;s valuation isn&#39;t exactly attractive yet, and it would take far more downward pressure to make the stock appear cheap. Investors should keep a close eye on Tesla moving forward, as there&#39;s surely a chance it&#39;ll continue on a downward path in the periods ahead.</p><p>While it&#39;s a fantastic company and a sure winner in the EV space, I don&#39;t suggest buying the stock just yet. Take advantage of the recent tech sell-off and look for other companies that carry more enticing valuations today.</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>It's Down Almost 40% Year to Date -- Should Investors Buy Tesla 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\">\nIt's Down Almost 40% Year to Date -- Should Investors Buy Tesla Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-21 07:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/20/its-down-almost-40-year-to-date-should-investors-b/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After joining the $1 trillion market capitalization club at the end of 2021, shares of electric vehicle (EV) juggernaut Tesla have shifted into reverse. Between macroeconomic headwinds like 40-year-...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/20/its-down-almost-40-year-to-date-should-investors-b/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2022/05/20/its-down-almost-40-year-to-date-should-investors-b/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236012808","content_text":"After joining the $1 trillion market capitalization club at the end of 2021, shares of electric vehicle (EV) juggernaut Tesla have shifted into reverse. Between macroeconomic headwinds like 40-year-high inflation, the Fed's consequent move to raise interest rates, and concerns about the war between Russia and Ukraine, the stock market has been in quite the frenzy.Many high-growth stocks, Tesla included, have been humbled lately as investors seek protection by shifting their attention to value companies and safer assets. CEO Elon Musk's move to potentially acquire Twitter certainly hasn't aided the company's case, either. With uncertainty around whether or not the deal will actually close, investors have raced to dump shares of the EV leader.But in terms of fundamentals, Tesla continues to look dominant. The company is rapidly expanding its business on all fronts and has strengthened its balance sheet and cash generation in the process. With the stock down almost 40% year to date, should investors pull the trigger on buying Tesla today?Image source: Getty Images.Fundamentals aren't the problemIn a quarter when investors weren't sure what to expect due to COVID-19-related shutdowns at Tesla's Shanghai factory, the EV leader delivered, and it delivered big. The company's $18.8 billion in total sales, which climbed 81% year over year, beat Wall Street expectations by $918 million. Likewise, its non-GAAP earnings per share of $3.22, equal to 246% growth, crushed consensus estimates by a whopping 42%.To top off a record quarter, the Musk-led enterprise grew total production and vehicle deliveries by a respective 69% and 68%, producing 305,407 vehicles and delivering 310,048. Per management's guidance, investors can expect the company to achieve 50% average annual growth in deliveries over a multi-year time horizon. In fiscal 2022, analysts are modeling a top line and adjusted bottom line of $86.5 billion and $12.32/share, translating to robust year-over-year ascents of 61% and 82%, respectively.Amid such incredible growth, the company's balance sheet and cash generation are equally thriving. In its latest quarter, the EV commander revealed that total debt excluding vehicle and energy product financing fell below $100 million. The company is manifesting the \"cash is king\" mantra as well: In the first quarter, free cash flow surged an astonishing 660% to $2.2 billion. Provided that the global EV market is projected to expand at a compound annual growth rate (CAGR) of 25% through 2028 to nearly $1 trillion, it could be said with exceedingly high confidence that Tesla is poised for more success in the coming years.Tesla's valuation is still highEven without context, though, Tesla's valuation is extremely high. The stock is trading at 98.2 times earnings at the moment, an extremely lofty multiple even post-correction.Comparing the EV behemoth to other automobile manufacturers further underscores its expensive stock price. As seen in the below chart, competitors General Motors (GM 0.81%), Ford (F 0.55%), and Toyota (TM 0.26%) have price-to-earnings multiples of 6.2, 4.6, and 7.9, respectively. Whether or not Tesla deserves a premium valuation is a frequent debate among the bulls and the bears. However, it's rather indisputable that the EV stock is richly priced. It would take a major share price collapse for Tesla to truly be considered cheap.TSLA PE Ratio data by YChartsShould investors buy the stock now?Tesla's pullback has certainly grabbed my attention -- the company is the unequivocal pacesetter in the EV market, an industry that is still in the earlier innings of development. That said, the company's valuation isn't exactly attractive yet, and it would take far more downward pressure to make the stock appear cheap. Investors should keep a close eye on Tesla moving forward, as there's surely a chance it'll continue on a downward path in the periods ahead.While it's a fantastic company and a sure winner in the EV space, I don't suggest buying the stock just yet. Take advantage of the recent tech sell-off and look for other companies that carry more enticing valuations today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021803984,"gmtCreate":1653019996648,"gmtModify":1676535209974,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Terrible","listText":"Terrible","text":"Terrible","images":[{"img":"https://community-static.tradeup.com/news/31b49e540a33d60841a38e3c71fe8969","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021803984","isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9021809543,"gmtCreate":1653019954682,"gmtModify":1676535209974,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!!","listText":"Cheong!!","text":"Cheong!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021809543","repostId":"2236338440","repostType":4,"repost":{"id":"2236338440","pubTimestamp":1653014957,"share":"https://www.laohu8.com/m/news/2236338440?lang=&edition=full","pubTime":"2022-05-20 10:49","market":"us","language":"en","title":"Palantir: Visibility Into The Upside","url":"https://stock-news.laohu8.com/highlight/detail?id=2236338440","media":"seekingalpha","summary":"SummaryPalantir shares have been rocked as the market prices in an underlying growth rate closer to ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Palantir shares have been rocked as the market prices in an underlying growth rate closer to 20% rather than the company’s 30% guidance.</li><li>Management stated that its Foundry platform could be to the coming decade what Amazon’s AWS was to the last, offering a glimpse into the vast upside potential.</li><li>Palantir has suspended its SPAC investment strategy, eliminating a major customer acquisition red flag after unrealized losses surpassed $200 million.</li><li>With growth slowing, the open question is whether Palantir can broadly penetrate the enterprise software market and the non-US and UK government market.</li><li>Palantir offers one of the largest long-term growth opportunities in the marketplace. With the shares down 87% and expectations adjusting lower, there is increasing visibility into the upside potential.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b22457c73fde6bb9452530e03e739c60\" tg-width=\"750\" tg-height=\"580\" width=\"100%\" height=\"auto\"/><span>agawa288/iStock via Getty Images</span></p><p>I am assigning Palantir (NYSE:PLTR) a positive risk/reward rating based on the vast nature of its long-term opportunity set, its increasingly attractive valuation, and its deeply oversold technical position. In my prior Palantir report from February 3, 2022, I made the following observation of the likely downside potential for Palantir:</p><blockquote>To estimate downside potential beneath $10, I apply an earnings multiple of 40x the 2022 non-GAAP consensus earnings estimate… would place Palantir shares at $8… If the 39% consensus earnings estimate for 2022 is too high, further downside from $8 is in the realm of possibility… I apply the same 40x non-GAAP earnings to my estimate of Palantir&#39;s current annual run rate… If earnings growth comes in at 25% for 2022 (my estimate of adjusted gross profit growth as of Q3 2021)… the shares could trade down to $6.</blockquote><p>In fact, the shares touched a low of $6.44 on May 12, 2022, punctuating a vicious -32% selloff following the company&#39;s Q1 2022 earnings release. Interestingly, consensus earnings growth estimates are now aligned with my previous 25% earnings growth estimate for 2022. The extraordinary volatility is a reminder that Palantir is for those seeking exceptional growth potential with the associated risk.</p><p>Nonetheless, the shares are testing a reasonable valuation zone, as outlined in my prior report. Additionally, Palantir&#39;s stock is down roughly 87% from its all-time high reached in 2021. As a result, it is fair to say that a significant amount of risk has already materialized and thus has been removed from Palantir&#39;s share price.</p><p><b>Risk/Reward Rating: Positive</b></p><p>While taking notes during Palantir&#39;s Q1 2022 earnings conference call, <a href=\"https://laohu8.com/S/AONE.U\">one</a> line, in particular, stood out and captures the essence of the Palantir investment case. The following is a paraphrase of my notes from the call: &#34;What AWS was to the last decade, Foundry will be to the next.&#34;</p><p>Foundry is one of three primary platforms offered by Palantir. This type of vision speaks to the upside opportunity that many envision for Palantir&#39;s future. Most investors attribute the majority of Amazon&#39;s (AMZN) $1.2 trillion market value to its AWS division. As a result, even a fraction of an AWS-like opportunity represents extraordinary growth potential for Palantir and its shareholders. Palantir&#39;s current valuation is near $18 billion (using the fully diluted share count) and trending lower.</p><p><b>Growth Trajectory</b></p><p>In terms of its growth potential, Palantir continues to guide investors to 30% revenue growth per year through 2025. The 32% selloff in the shares following the reiteration of this guidance speaks to the challenge facing Palantir&#39;s stock in the near term. The market has clearly signaled that it doubts whether management&#39;s 30% growth guidance can be achieved. I spoke to the high likelihood that growth would disappoint in my February report after breaking down Palantir&#39;s growth by customer cohort (emphasis added):</p><blockquote>Similar to the Scale cohort growth rate annualizing at 20% in 2021, the new customer sales growth rate is annualizing at 22% through Q3 2021… As a result<b>, Palantir appears to be trending toward an underlying sales growth rate closer to 20%</b> than the company&#39;s 30% sales growth guidance through mid-decade.</blockquote><p>Now that the risk of disappointment has materialized, the market is increasingly uncertain about the sustainable growth trajectory for Palantir. To tackle this question, I compiled Palantir&#39;s segment sales performance for Q1 2022 and the full year of 2021 to construct a picture of the near-term growth trajectory. The following two tables were compiled from Palantir&#39;s Q1 2022 10-Q and 2021 10-K filed with the SEC. The first table displays Q1 2022 and the second displays 2021. Please note that I have color-coded the related cells for comparison within and between the tables.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6014209021f3fa2f8092daf4a26dba11\" tg-width=\"640\" tg-height=\"464\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Before adding the 2021 table for comparison, note that Palantir grew its revenue by just over 19% in Q1 2022, excluding revenue from Investees (the lower blue highlighted cell). Please compare the 19% growth in Q1 2022 to the blue highlighted cells in the table below for 2021. The growth deceleration is material excluding Investee revenue.</p><p>I would highly recommend reading my prior report for a detailed discussion of the Investee situation. A summary of the current Investees is included at the end of this article for those interested. In essence, investing in companies in return for software sales to those same companies is not a sustainable customer acquisition strategy.</p><p>As a result, I and many others exclude sales to Investees from view when trying to determine Palantir&#39;s sustainable growth trajectory. Interestingly, Palantir stated on the Q1 2022 conference call that they have discontinued the Investee program thus removing a major red flag going forward.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a7b062d439185403c6bcd0841413601\" tg-width=\"640\" tg-height=\"464\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Notice that total sales grew nearly 37% excluding Investees in 2021 (the lower blue highlighted cell). It should be noted that the growth rate in Q3 2021 was 29% and in Q4 2021 it was 25% (not shown here). The 19% growth posted in Q1 2022 is a substantial deceleration, however, it is generally in line with what one would expect given the preexisting slowdown in Palantir&#39;s growth trajectory.</p><p>I have highlighted in yellow the total dollar growth of revenue for Q1 2022 and the full year of 2021 (excluding sales to Investees). The $66 million of revenue growth in Q1 2022 annualizes at $264 million, in comparison to the $401 million of revenue growth posted in 2021. While Palantir experiences some cyclicality, with the potential for stronger sales in the second half of the year, the Q1 2022 sales figure looks quite weak.</p><p>In fact, in Q1 2021, Palantir grew sales by $112 million (not shown here) which annualized at $448 million compared to the actual sales growth achieved in 2021 of $401 million (excluding Investee revenue). As a result, the Q1 2022 sales growth figure, which annualizes at $264 million, is worrisome when compared to 2021 and the company&#39;s 30% sales growth guidance.</p><p>If sales growth were to come in at $264 million for all of 2022 (excluding Investees), Palantir would grow at 17%. With 19% growth in Q1 2022, down from 37% in 2021, 17% growth would represent a stabilization of the existing downtrend rather than a continuation of Palantir&#39;s growth deceleration.</p><p>Growth stabilization looks to be a possibility as the following paraphrase from my Q1 2022 conference call notes highlights. The paraphrase pertains to management&#39;s discussion of Palantir&#39;s near-term sales guidance which disappointed investors (emphasis added): <i>&#34;We have visibility into the upside,</i> and the upside is quite large.&#34;</p><p><b>Upside Visibility</b></p><p>The bolded text in the above quote inspired the title for this report. It also captures the increasing upside visibility available to investors as Palantir&#39;s share price continues to fall. In terms of what could drive Palantir&#39;s revenue upside, management believes that US government sales will reaccelerate as 2022 unfolds. The 16% growth posted in Q1 2022 is well below the historical Government segment growth rate of 30% per year. This segment could certainly stabilize Palantir&#39;s growth rate as it represents 54% of sales as of Q1.</p><p>With Commercial segment sales growth stable in 2021 and Q1 2022 near 24% per year (excluding Investee revenue), the Government segment trending back towards its historical growth rate of 30% would return Palantir to the ballpark of its 30% annual sales growth guidance.</p><p>The following table highlights another Government segment growth vector that could open up given the extreme level of geopolitical instability and the structural ripple effects into the Commercial segment. These ripple effects are most clearly visible in the widespread failure of supply chains in recent times. The table was compiled from Palantir&#39;s Q1 2022 10-Q filed with the SEC. I have highlighted the additional Government growth vector.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cde3ec929a5825c2fbed7e6a378b108a\" tg-width=\"640\" tg-height=\"135\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>The US government represented 42% of Palantir&#39;s total sales in Q1 2022 or approximately $187 million. The UK is a large government customer as well, with the Royal Navy and NHS being notable Palantir customers. I estimate that the US and UK governments account for approximately 92% of Palantir&#39;s total Government segment sales. As a result, the vast majority of the rest of world sales in the above table represent Commercial segment sales. I estimate commercial sales comprise 84% of Palantir&#39;s rest of world revenue.</p><p>There is extraordinary upside potential for Palantir in the Government segment globally at only 16% of rest of world sales. With the US and UK governments serving as early adopters, other governments are likely to be incentivized to explore Palantir&#39;s capabilities.</p><p>Greater integration with the US and UK should become increasingly attractive for the rest of the world category. This is especially true given the geopolitical situation and associated commercial disruptions. The possibility that this could become a growth vector for Palantir is highlighted by the following two paraphrases from my Q1 2022 conference call notes: &#34;The nuclear threat is much higher than is believed or than is being portrayed in the media.&#34;</p><p>The underappreciated risk of nuclear events, while at the extreme end of the risk spectrum that Palantir&#39;s products help address, serves to accentuate the opportunity set for Palantir. There are an unlimited number of geopolitical risk vectors for the Government segment with direct ripple effects into the Commercial segment. These risks are now on the front burner for the world&#39;s governments and enterprises alike.</p><p>The second paraphrase from my notes pertains to the spillover of geopolitical tensions into the commercial realm and the disruption of supply chains in particular: &#34;Literally every function of every business is breaking.&#34;</p><p>In essence, Palantir believes that the rapid escalation of geopolitical risks (Russia and China in particular) and the spillover into the commercial sector represents an ideal backdrop for Palantir to sell into, given the company&#39;s deep roots in national security and mission-critical operations. I tend to agree overall with this positive competitive assessment for the coming years. These dynamics could very well lead to nearer-term growth opportunities that could surprise to the upside once the current growth disappointment dissipates and expectations are fully reset.</p><p><b>Consensus Growth Estimates</b></p><p>Interestingly, consensus revenue growth estimates remain unchanged since my February report. As evidenced by Palantir&#39;s collapsing share price, the market has sent a clear signal of no confidence in Palantir achieving 30% sales growth. That said, consensus growth estimates continue to embed the company&#39;s 30% sales growth guidance. Please note that consensus sales estimates include Investee revenue which should account for 6% of total sales in 2022. The following tables were compiled from Seeking Alpha and my prior article and display consensus estimates as of 5-15-22 compared to 2-2-22.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/796c39436a333158793cf93601e3da5f\" tg-width=\"638\" tg-height=\"242\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha. Created by Brian Kapp, stoxdox</span></p><p>I have highlighted 2022 and 2023 for ease of comparison. Based on the underlying 17% to 19% sales growth trajectory as of Q1 2022 discussed above, the likelihood of missing estimates in 2022 and 2023 is elevated. This is especially true for sales in light of the termination of the Investee customer acquisition strategy. While consensus revenue estimates remain unchanged and at risk, earnings estimates have ratcheted lower since my last report as can be seen in the following table.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7c561c18fb35635a76c9ce58f477db0\" tg-width=\"638\" tg-height=\"242\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha. Created by Brian Kapp, stoxdox</span></p><p>I have highlighted in yellow the consensus earnings estimates for 2022 and 2023 which have declined by -20% and -14%, respectively, since February 2. Additionally, notice that the valuation multiple has contracted by 18%, from 62x to 51x the 2022 consensus estimate (highlighted in blue). The valuation multiple contracted 22%, from 45x to 35x the 2023 consensus earnings estimate. Please note that these are non-GAAP earnings estimates as Palantir currently operates at a loss on a GAAP basis.</p><p>Nonetheless, when earnings and valuation multiples are moving in the same direction, amplified price volatility is the end result. As investors, we are looking for situations in which earnings estimates and valuation multiples are moving up together, creating amplified upside opportunities. Palantir is clearly undergoing the opposite at the moment.</p><p><b>Profitability Trends</b></p><p>There remains further risk to consensus earnings estimates for 2022 and 2023 as is evidenced by the company&#39;s various profitability measures. When reviewing the underlying trend in Palantir&#39;s profitability measures, consensus estimates for 25% and 47% growth in 2022 and 2023, respectively, appear to be at risk. The following table was compiled from Palantir&#39;s Q1 2022 10-Q filed with the SEC and displays the company&#39;s adjusted operating income growth (highlighted in yellow).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6c7104e38d18395dea8d8d4d8aa3b03\" tg-width=\"640\" tg-height=\"132\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>While Palantir&#39;s GAAP income is improving from -$114 million to -$39 million, its adjusted operating income has stagnated for all intents and purposes. The signs of profitability stagnation are also evident in Palantir&#39;s cash flow statement below (compiled from the same 10-Q). I have highlighted the key data points.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4643407d0c54c1abe4e12ae6e9a370de\" tg-width=\"640\" tg-height=\"464\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Importantly, Palantir&#39;s Q1 cash flow from operations declined by 70% to $35 million in Q1 2022, while free cash flow turned decidedly negative (the yellow highlighted cells versus the blue highlighted cells). I have included Palantir&#39;s investments in Investees in my free cash flow estimation. This amounted to $89.5 million in Q1 and was recently discontinued. Regardless, Palantir&#39;s declining cash flows fully support the message from its stagnant adjusted income. The consensus earnings estimates of 25% for 2022 and 47% for 2023 are clearly at risk.</p><p><b>Key Business Measure</b></p><p>Palantir utilizes a KPI or Key Performance Indicator for allocating resources internally, which is closely related to the concept of gross profit margin, called Contribution Margin. For a more detailed discussion of this metric, please see my February report. The underlying trajectory of this KPI is similar to the adjusted income and cash flow trends above, if less extreme.</p><p>The following tables display Palantir&#39;s Contribution Margin and were compiled from the company&#39;s Q1 2022 10-Q and my previous Palantir report. The first table displays Q1 2022 and the second displays the trend through Q3 2021. Please note that I have color-coded the related cells for comparison within and between the tables.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1976698261d14d8ba419b33b43766a8\" tg-width=\"640\" tg-height=\"423\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Before displaying the 2021 data, please note that the Contribution Margin grew 24% in Q1 2022 (highlighted in yellow). The growth through Q3 2021 is displayed below and is also highlighted in yellow. Through the first three quarters of 2021, Contribution Margin grew by 64%, however, it slowed dramatically to 37% in Q3 2021 and 27% in Q4 2021 (not shown below). The research and development expense stagnation highlighted in blue, both above and below, will shed some light on the dynamics at play.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1eb3259f5f1b0ee57573816b7dd3484e\" tg-width=\"640\" tg-height=\"247\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>While the Contribution Margin is in a similar deceleration trend as most of Palantir&#39;s business metrics, at 24% growth in Q1 2022, the growth rate remains above all other metrics. The higher growth rate of Palantir&#39;s Contribution Margin in the face of stagnating adjusted income and declining cash flows is likely an artifact of the Investee program that was active through Q1 2022 and which was recently terminated.</p><p>In essence, Palantir invested in companies (Investees) in return for software sales commitments. Sales to such customers accounted for $39 million of Q1 2022 total sales. Notice in the first table that the 24% Contribution Margin growth in Q1 2022 equates to an increase of $48 million compared to Q1 2021. The Investee sales likely required little in the way of research and development or general and administrative expenses. Palantir acquired and implemented the relationships via an investment agreement.</p><p>As a result, the Contribution Margin growth of 24% in Q1 2022 is likely inflated by up to $39 million. Removing this would result in Contribution Margin growth of just 4%, which is more in line with the adjusted income stagnation and cash flow contraction. The stagnation of research and development expenses from Q3 2021 to Q1 2022 (highlighted in blue in the above tables) suggests that this is the correct inference regarding the inflated growth of Palantir&#39;s Contribution Margin compared to its other performance metrics.</p><p><b>Research and Development</b></p><p>In my February report, I highlighted the rapid slowdown of research and development expenses as a likely negative signal. The reason for this is Palantir&#39;s unique sales cycle compared to standard enterprise software companies. I covered the details of Palantir&#39;s unique sales cycle and customer cohorts in the prior report. The essence is captured by the following quote from the February article:</p><blockquote>The research and development investment slowdown could be a negative read through for sales growth as R&amp;D is an integral part of the sales process. Research and development expenses should track the sales cycle through the three customer phases: Acquire, Expand, and Scale… This does not appear to be happening at the moment.</blockquote><p>The following passage from Palantir&#39;s 2021 10-K supports my interpretation of the signal being sent by Palantir&#39;s stagnant research and development investment.</p><blockquote>We believe that in order to fully address the most complex and valuable challenges that our customers face, we must experience and understand their problems firsthand… we embed with our users. Our research and development function is responsible for the design, development, testing, validation, and refinement of our platforms, and embedding with our users allows us to identify research and development opportunities…</blockquote><p>In summary, all profit growth measures look to be on a stagnating trajectory at minimum and point to an elevated risk of disappointment in regard to consensus earnings growth estimates. As a result, a primary challenge in evaluating the timing of an investment in Palantir is inferring what is priced into the shares on the sales and earnings growth front. With consensus growth estimates and the underlying trends in hand, we can begin to construct Palantir&#39;s potential return spectrum.</p><p><b>Technicals</b></p><p>The technical backdrop provides an excellent bird&#39;s eye view of Palantir&#39;s upside return potential, while fundamental measures will dominate the downside return potential given that Palantir is testing new all-time lows. The following 2-year daily chart captures Palantir&#39;s IPO and the essence of the technical backdrop. I have highlighted the key resistance levels (technical upside targets) with orange lines.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7a15fef920f0c09c71a9d697b708eaa\" tg-width=\"640\" tg-height=\"372\" width=\"100%\" height=\"auto\"/><span>Palantir 2-year daily chart (Created by Brian Kapp using a chart from Barchart.com)</span></p><p>Given the recent break to all-time lows, there are no visible technical support levels. The 1-year daily chart below provides a closer look.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/806868dae1d9a75949a30a224137e08e\" tg-width=\"640\" tg-height=\"372\" width=\"100%\" height=\"auto\"/><span>Palantir 1-year daily chart (Created by Brian Kapp using a chart from Barchart.com)</span></p><p>Please note that the gold line represents the 50-day moving average and the grey line denotes the 200-day moving average. At roughly $8 per share, Palantir is deeply oversold as is evidenced by it being 128% away from its 200-day moving average. The 200-day moving average happens to coincide with the second resistance level. This is likely to be a very heavy resistance zone as it served as the primary support level during Q2 and Q4 of 2021.</p><p>Before testing the upper resistance levels, Palantir will first have to clear the first resistance level near the IPO price of $10. The following 6-month daily chart zooms in on this first resistance level.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94142f6bc2a59a08e88cd3e3422a9c12\" tg-width=\"640\" tg-height=\"372\" width=\"100%\" height=\"auto\"/><span>Palantir 6-month daily chart (Created by Brian Kapp using a chart from Barchart.com)</span></p><p>Notice that trading volume is dropping off following the two-day rally off the recent all-time low. This suggests that Palantir is likely to retest the all-time lows toward $6. A retest of the lows and the need for more extensive base building is well supported by the fundamental deterioration discussed above, as well as in my February report. This interpretation is also supported by the fact that Palantir still trades at an elevated valuation of 8.5x the 2022 consensus sales estimate and 51x the consensus non-GAAP EPS estimate.</p><p><b>Potential Return Spectrum</b></p><p>The upside return potential to each of the technical resistance levels is summarized in the table below. I have estimated the downside return potential using various comparable company valuations in the software industry: <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> (CRM), <a href=\"https://laohu8.com/S/WDAY\">Workday</a> (WDAY), and Splunk (SPLK). These comparables are a good representation of current valuations throughout the software sector. The lowest downside return estimate is arrived at by applying the market multiple to Palantir&#39;s 2022 EPS estimate.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69450b8413221d5ba42faa5de2a4591f\" tg-width=\"640\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha. Created by Brian Kapp, stoxdox</span></p><p>I have highlighted in yellow what I view as the most likely nearer-term return spectrum of -30% to +128%. The blue highlighted cells represent my estimation of the nearer-term (1-3 years) extremes of the potential return spectrum, which ranges from -44% to +239%.</p><p>The -60% downside potential cannot be ruled out if Palantir&#39;s growth disappointment persists, however, I view this as a low probability level even with further disappointment. On the upside, assuming Palantir begins to gain material traction in the Commercial segment, all-time highs within a 5-year time frame are a reasonable possibility. If so, the upside opportunity is extraordinary at +463%.</p><p><b>Summary</b></p><p>All told, Palantir&#39;s risk/reward asymmetry is heavily skewed to the upside. The vast nature of its long-term opportunity combined with its well-advanced valuation correction should bring all secular growth investors to attention. With the stock highly likely to retest recent lows or lower while building a base, the time is now to plan and execute an accumulation strategy for those seeking exceptional return potential.</p><p>If Palantir can execute on its growth plan and become some version of what AWS was to the last decade, the upside potential is truly vast. In conclusion, my prior quote captures the essence of the Palantir investment case, from the perspective of the company and its business as well as that of an investor: &#34;We have visibility into the upside, and the upside is quite large.&#34;</p><p><b>Investee Details</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54e74788c15daaafe35356e42375e00c\" tg-width=\"640\" tg-height=\"474\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></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>Palantir: Visibility Into The Upside</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\">\nPalantir: Visibility Into The Upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-20 10:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4513235-palantir-visibility-into-the-upside><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir shares have been rocked as the market prices in an underlying growth rate closer to 20% rather than the company’s 30% guidance.Management stated that its Foundry platform could be to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4513235-palantir-visibility-into-the-upside\">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://seekingalpha.com/article/4513235-palantir-visibility-into-the-upside","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2236338440","content_text":"SummaryPalantir shares have been rocked as the market prices in an underlying growth rate closer to 20% rather than the company’s 30% guidance.Management stated that its Foundry platform could be to the coming decade what Amazon’s AWS was to the last, offering a glimpse into the vast upside potential.Palantir has suspended its SPAC investment strategy, eliminating a major customer acquisition red flag after unrealized losses surpassed $200 million.With growth slowing, the open question is whether Palantir can broadly penetrate the enterprise software market and the non-US and UK government market.Palantir offers one of the largest long-term growth opportunities in the marketplace. With the shares down 87% and expectations adjusting lower, there is increasing visibility into the upside potential.agawa288/iStock via Getty ImagesI am assigning Palantir (NYSE:PLTR) a positive risk/reward rating based on the vast nature of its long-term opportunity set, its increasingly attractive valuation, and its deeply oversold technical position. In my prior Palantir report from February 3, 2022, I made the following observation of the likely downside potential for Palantir:To estimate downside potential beneath $10, I apply an earnings multiple of 40x the 2022 non-GAAP consensus earnings estimate… would place Palantir shares at $8… If the 39% consensus earnings estimate for 2022 is too high, further downside from $8 is in the realm of possibility… I apply the same 40x non-GAAP earnings to my estimate of Palantir's current annual run rate… If earnings growth comes in at 25% for 2022 (my estimate of adjusted gross profit growth as of Q3 2021)… the shares could trade down to $6.In fact, the shares touched a low of $6.44 on May 12, 2022, punctuating a vicious -32% selloff following the company's Q1 2022 earnings release. Interestingly, consensus earnings growth estimates are now aligned with my previous 25% earnings growth estimate for 2022. The extraordinary volatility is a reminder that Palantir is for those seeking exceptional growth potential with the associated risk.Nonetheless, the shares are testing a reasonable valuation zone, as outlined in my prior report. Additionally, Palantir's stock is down roughly 87% from its all-time high reached in 2021. As a result, it is fair to say that a significant amount of risk has already materialized and thus has been removed from Palantir's share price.Risk/Reward Rating: PositiveWhile taking notes during Palantir's Q1 2022 earnings conference call, one line, in particular, stood out and captures the essence of the Palantir investment case. The following is a paraphrase of my notes from the call: \"What AWS was to the last decade, Foundry will be to the next.\"Foundry is one of three primary platforms offered by Palantir. This type of vision speaks to the upside opportunity that many envision for Palantir's future. Most investors attribute the majority of Amazon's (AMZN) $1.2 trillion market value to its AWS division. As a result, even a fraction of an AWS-like opportunity represents extraordinary growth potential for Palantir and its shareholders. Palantir's current valuation is near $18 billion (using the fully diluted share count) and trending lower.Growth TrajectoryIn terms of its growth potential, Palantir continues to guide investors to 30% revenue growth per year through 2025. The 32% selloff in the shares following the reiteration of this guidance speaks to the challenge facing Palantir's stock in the near term. The market has clearly signaled that it doubts whether management's 30% growth guidance can be achieved. I spoke to the high likelihood that growth would disappoint in my February report after breaking down Palantir's growth by customer cohort (emphasis added):Similar to the Scale cohort growth rate annualizing at 20% in 2021, the new customer sales growth rate is annualizing at 22% through Q3 2021… As a result, Palantir appears to be trending toward an underlying sales growth rate closer to 20% than the company's 30% sales growth guidance through mid-decade.Now that the risk of disappointment has materialized, the market is increasingly uncertain about the sustainable growth trajectory for Palantir. To tackle this question, I compiled Palantir's segment sales performance for Q1 2022 and the full year of 2021 to construct a picture of the near-term growth trajectory. The following two tables were compiled from Palantir's Q1 2022 10-Q and 2021 10-K filed with the SEC. The first table displays Q1 2022 and the second displays 2021. Please note that I have color-coded the related cells for comparison within and between the tables.Created by Brian Kapp, stoxdoxBefore adding the 2021 table for comparison, note that Palantir grew its revenue by just over 19% in Q1 2022, excluding revenue from Investees (the lower blue highlighted cell). Please compare the 19% growth in Q1 2022 to the blue highlighted cells in the table below for 2021. The growth deceleration is material excluding Investee revenue.I would highly recommend reading my prior report for a detailed discussion of the Investee situation. A summary of the current Investees is included at the end of this article for those interested. In essence, investing in companies in return for software sales to those same companies is not a sustainable customer acquisition strategy.As a result, I and many others exclude sales to Investees from view when trying to determine Palantir's sustainable growth trajectory. Interestingly, Palantir stated on the Q1 2022 conference call that they have discontinued the Investee program thus removing a major red flag going forward.Created by Brian Kapp, stoxdoxNotice that total sales grew nearly 37% excluding Investees in 2021 (the lower blue highlighted cell). It should be noted that the growth rate in Q3 2021 was 29% and in Q4 2021 it was 25% (not shown here). The 19% growth posted in Q1 2022 is a substantial deceleration, however, it is generally in line with what one would expect given the preexisting slowdown in Palantir's growth trajectory.I have highlighted in yellow the total dollar growth of revenue for Q1 2022 and the full year of 2021 (excluding sales to Investees). The $66 million of revenue growth in Q1 2022 annualizes at $264 million, in comparison to the $401 million of revenue growth posted in 2021. While Palantir experiences some cyclicality, with the potential for stronger sales in the second half of the year, the Q1 2022 sales figure looks quite weak.In fact, in Q1 2021, Palantir grew sales by $112 million (not shown here) which annualized at $448 million compared to the actual sales growth achieved in 2021 of $401 million (excluding Investee revenue). As a result, the Q1 2022 sales growth figure, which annualizes at $264 million, is worrisome when compared to 2021 and the company's 30% sales growth guidance.If sales growth were to come in at $264 million for all of 2022 (excluding Investees), Palantir would grow at 17%. With 19% growth in Q1 2022, down from 37% in 2021, 17% growth would represent a stabilization of the existing downtrend rather than a continuation of Palantir's growth deceleration.Growth stabilization looks to be a possibility as the following paraphrase from my Q1 2022 conference call notes highlights. The paraphrase pertains to management's discussion of Palantir's near-term sales guidance which disappointed investors (emphasis added): \"We have visibility into the upside, and the upside is quite large.\"Upside VisibilityThe bolded text in the above quote inspired the title for this report. It also captures the increasing upside visibility available to investors as Palantir's share price continues to fall. In terms of what could drive Palantir's revenue upside, management believes that US government sales will reaccelerate as 2022 unfolds. The 16% growth posted in Q1 2022 is well below the historical Government segment growth rate of 30% per year. This segment could certainly stabilize Palantir's growth rate as it represents 54% of sales as of Q1.With Commercial segment sales growth stable in 2021 and Q1 2022 near 24% per year (excluding Investee revenue), the Government segment trending back towards its historical growth rate of 30% would return Palantir to the ballpark of its 30% annual sales growth guidance.The following table highlights another Government segment growth vector that could open up given the extreme level of geopolitical instability and the structural ripple effects into the Commercial segment. These ripple effects are most clearly visible in the widespread failure of supply chains in recent times. The table was compiled from Palantir's Q1 2022 10-Q filed with the SEC. I have highlighted the additional Government growth vector.Created by Brian Kapp, stoxdoxThe US government represented 42% of Palantir's total sales in Q1 2022 or approximately $187 million. The UK is a large government customer as well, with the Royal Navy and NHS being notable Palantir customers. I estimate that the US and UK governments account for approximately 92% of Palantir's total Government segment sales. As a result, the vast majority of the rest of world sales in the above table represent Commercial segment sales. I estimate commercial sales comprise 84% of Palantir's rest of world revenue.There is extraordinary upside potential for Palantir in the Government segment globally at only 16% of rest of world sales. With the US and UK governments serving as early adopters, other governments are likely to be incentivized to explore Palantir's capabilities.Greater integration with the US and UK should become increasingly attractive for the rest of the world category. This is especially true given the geopolitical situation and associated commercial disruptions. The possibility that this could become a growth vector for Palantir is highlighted by the following two paraphrases from my Q1 2022 conference call notes: \"The nuclear threat is much higher than is believed or than is being portrayed in the media.\"The underappreciated risk of nuclear events, while at the extreme end of the risk spectrum that Palantir's products help address, serves to accentuate the opportunity set for Palantir. There are an unlimited number of geopolitical risk vectors for the Government segment with direct ripple effects into the Commercial segment. These risks are now on the front burner for the world's governments and enterprises alike.The second paraphrase from my notes pertains to the spillover of geopolitical tensions into the commercial realm and the disruption of supply chains in particular: \"Literally every function of every business is breaking.\"In essence, Palantir believes that the rapid escalation of geopolitical risks (Russia and China in particular) and the spillover into the commercial sector represents an ideal backdrop for Palantir to sell into, given the company's deep roots in national security and mission-critical operations. I tend to agree overall with this positive competitive assessment for the coming years. These dynamics could very well lead to nearer-term growth opportunities that could surprise to the upside once the current growth disappointment dissipates and expectations are fully reset.Consensus Growth EstimatesInterestingly, consensus revenue growth estimates remain unchanged since my February report. As evidenced by Palantir's collapsing share price, the market has sent a clear signal of no confidence in Palantir achieving 30% sales growth. That said, consensus growth estimates continue to embed the company's 30% sales growth guidance. Please note that consensus sales estimates include Investee revenue which should account for 6% of total sales in 2022. The following tables were compiled from Seeking Alpha and my prior article and display consensus estimates as of 5-15-22 compared to 2-2-22.Seeking Alpha. Created by Brian Kapp, stoxdoxI have highlighted 2022 and 2023 for ease of comparison. Based on the underlying 17% to 19% sales growth trajectory as of Q1 2022 discussed above, the likelihood of missing estimates in 2022 and 2023 is elevated. This is especially true for sales in light of the termination of the Investee customer acquisition strategy. While consensus revenue estimates remain unchanged and at risk, earnings estimates have ratcheted lower since my last report as can be seen in the following table.Seeking Alpha. Created by Brian Kapp, stoxdoxI have highlighted in yellow the consensus earnings estimates for 2022 and 2023 which have declined by -20% and -14%, respectively, since February 2. Additionally, notice that the valuation multiple has contracted by 18%, from 62x to 51x the 2022 consensus estimate (highlighted in blue). The valuation multiple contracted 22%, from 45x to 35x the 2023 consensus earnings estimate. Please note that these are non-GAAP earnings estimates as Palantir currently operates at a loss on a GAAP basis.Nonetheless, when earnings and valuation multiples are moving in the same direction, amplified price volatility is the end result. As investors, we are looking for situations in which earnings estimates and valuation multiples are moving up together, creating amplified upside opportunities. Palantir is clearly undergoing the opposite at the moment.Profitability TrendsThere remains further risk to consensus earnings estimates for 2022 and 2023 as is evidenced by the company's various profitability measures. When reviewing the underlying trend in Palantir's profitability measures, consensus estimates for 25% and 47% growth in 2022 and 2023, respectively, appear to be at risk. The following table was compiled from Palantir's Q1 2022 10-Q filed with the SEC and displays the company's adjusted operating income growth (highlighted in yellow).Created by Brian Kapp, stoxdoxWhile Palantir's GAAP income is improving from -$114 million to -$39 million, its adjusted operating income has stagnated for all intents and purposes. The signs of profitability stagnation are also evident in Palantir's cash flow statement below (compiled from the same 10-Q). I have highlighted the key data points.Created by Brian Kapp, stoxdoxImportantly, Palantir's Q1 cash flow from operations declined by 70% to $35 million in Q1 2022, while free cash flow turned decidedly negative (the yellow highlighted cells versus the blue highlighted cells). I have included Palantir's investments in Investees in my free cash flow estimation. This amounted to $89.5 million in Q1 and was recently discontinued. Regardless, Palantir's declining cash flows fully support the message from its stagnant adjusted income. The consensus earnings estimates of 25% for 2022 and 47% for 2023 are clearly at risk.Key Business MeasurePalantir utilizes a KPI or Key Performance Indicator for allocating resources internally, which is closely related to the concept of gross profit margin, called Contribution Margin. For a more detailed discussion of this metric, please see my February report. The underlying trajectory of this KPI is similar to the adjusted income and cash flow trends above, if less extreme.The following tables display Palantir's Contribution Margin and were compiled from the company's Q1 2022 10-Q and my previous Palantir report. The first table displays Q1 2022 and the second displays the trend through Q3 2021. Please note that I have color-coded the related cells for comparison within and between the tables.Created by Brian Kapp, stoxdoxBefore displaying the 2021 data, please note that the Contribution Margin grew 24% in Q1 2022 (highlighted in yellow). The growth through Q3 2021 is displayed below and is also highlighted in yellow. Through the first three quarters of 2021, Contribution Margin grew by 64%, however, it slowed dramatically to 37% in Q3 2021 and 27% in Q4 2021 (not shown below). The research and development expense stagnation highlighted in blue, both above and below, will shed some light on the dynamics at play.Created by Brian Kapp, stoxdoxWhile the Contribution Margin is in a similar deceleration trend as most of Palantir's business metrics, at 24% growth in Q1 2022, the growth rate remains above all other metrics. The higher growth rate of Palantir's Contribution Margin in the face of stagnating adjusted income and declining cash flows is likely an artifact of the Investee program that was active through Q1 2022 and which was recently terminated.In essence, Palantir invested in companies (Investees) in return for software sales commitments. Sales to such customers accounted for $39 million of Q1 2022 total sales. Notice in the first table that the 24% Contribution Margin growth in Q1 2022 equates to an increase of $48 million compared to Q1 2021. The Investee sales likely required little in the way of research and development or general and administrative expenses. Palantir acquired and implemented the relationships via an investment agreement.As a result, the Contribution Margin growth of 24% in Q1 2022 is likely inflated by up to $39 million. Removing this would result in Contribution Margin growth of just 4%, which is more in line with the adjusted income stagnation and cash flow contraction. The stagnation of research and development expenses from Q3 2021 to Q1 2022 (highlighted in blue in the above tables) suggests that this is the correct inference regarding the inflated growth of Palantir's Contribution Margin compared to its other performance metrics.Research and DevelopmentIn my February report, I highlighted the rapid slowdown of research and development expenses as a likely negative signal. The reason for this is Palantir's unique sales cycle compared to standard enterprise software companies. I covered the details of Palantir's unique sales cycle and customer cohorts in the prior report. The essence is captured by the following quote from the February article:The research and development investment slowdown could be a negative read through for sales growth as R&D is an integral part of the sales process. Research and development expenses should track the sales cycle through the three customer phases: Acquire, Expand, and Scale… This does not appear to be happening at the moment.The following passage from Palantir's 2021 10-K supports my interpretation of the signal being sent by Palantir's stagnant research and development investment.We believe that in order to fully address the most complex and valuable challenges that our customers face, we must experience and understand their problems firsthand… we embed with our users. Our research and development function is responsible for the design, development, testing, validation, and refinement of our platforms, and embedding with our users allows us to identify research and development opportunities…In summary, all profit growth measures look to be on a stagnating trajectory at minimum and point to an elevated risk of disappointment in regard to consensus earnings growth estimates. As a result, a primary challenge in evaluating the timing of an investment in Palantir is inferring what is priced into the shares on the sales and earnings growth front. With consensus growth estimates and the underlying trends in hand, we can begin to construct Palantir's potential return spectrum.TechnicalsThe technical backdrop provides an excellent bird's eye view of Palantir's upside return potential, while fundamental measures will dominate the downside return potential given that Palantir is testing new all-time lows. The following 2-year daily chart captures Palantir's IPO and the essence of the technical backdrop. I have highlighted the key resistance levels (technical upside targets) with orange lines.Palantir 2-year daily chart (Created by Brian Kapp using a chart from Barchart.com)Given the recent break to all-time lows, there are no visible technical support levels. The 1-year daily chart below provides a closer look.Palantir 1-year daily chart (Created by Brian Kapp using a chart from Barchart.com)Please note that the gold line represents the 50-day moving average and the grey line denotes the 200-day moving average. At roughly $8 per share, Palantir is deeply oversold as is evidenced by it being 128% away from its 200-day moving average. The 200-day moving average happens to coincide with the second resistance level. This is likely to be a very heavy resistance zone as it served as the primary support level during Q2 and Q4 of 2021.Before testing the upper resistance levels, Palantir will first have to clear the first resistance level near the IPO price of $10. The following 6-month daily chart zooms in on this first resistance level.Palantir 6-month daily chart (Created by Brian Kapp using a chart from Barchart.com)Notice that trading volume is dropping off following the two-day rally off the recent all-time low. This suggests that Palantir is likely to retest the all-time lows toward $6. A retest of the lows and the need for more extensive base building is well supported by the fundamental deterioration discussed above, as well as in my February report. This interpretation is also supported by the fact that Palantir still trades at an elevated valuation of 8.5x the 2022 consensus sales estimate and 51x the consensus non-GAAP EPS estimate.Potential Return SpectrumThe upside return potential to each of the technical resistance levels is summarized in the table below. I have estimated the downside return potential using various comparable company valuations in the software industry: Salesforce (CRM), Workday (WDAY), and Splunk (SPLK). These comparables are a good representation of current valuations throughout the software sector. The lowest downside return estimate is arrived at by applying the market multiple to Palantir's 2022 EPS estimate.Seeking Alpha. Created by Brian Kapp, stoxdoxI have highlighted in yellow what I view as the most likely nearer-term return spectrum of -30% to +128%. The blue highlighted cells represent my estimation of the nearer-term (1-3 years) extremes of the potential return spectrum, which ranges from -44% to +239%.The -60% downside potential cannot be ruled out if Palantir's growth disappointment persists, however, I view this as a low probability level even with further disappointment. On the upside, assuming Palantir begins to gain material traction in the Commercial segment, all-time highs within a 5-year time frame are a reasonable possibility. If so, the upside opportunity is extraordinary at +463%.SummaryAll told, Palantir's risk/reward asymmetry is heavily skewed to the upside. The vast nature of its long-term opportunity combined with its well-advanced valuation correction should bring all secular growth investors to attention. With the stock highly likely to retest recent lows or lower while building a base, the time is now to plan and execute an accumulation strategy for those seeking exceptional return potential.If Palantir can execute on its growth plan and become some version of what AWS was to the last decade, the upside potential is truly vast. In conclusion, my prior quote captures the essence of the Palantir investment case, from the perspective of the company and its business as well as that of an investor: \"We have visibility into the upside, and the upside is quite large.\"Investee DetailsCreated by Brian Kapp, stoxdox","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021809132,"gmtCreate":1653019922726,"gmtModify":1676535209965,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!&nbsp;","listText":"Cheong!&nbsp;","text":"Cheong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021809132","repostId":"2236338440","repostType":4,"repost":{"id":"2236338440","pubTimestamp":1653014957,"share":"https://www.laohu8.com/m/news/2236338440?lang=&edition=full","pubTime":"2022-05-20 10:49","market":"us","language":"en","title":"Palantir: Visibility Into The Upside","url":"https://stock-news.laohu8.com/highlight/detail?id=2236338440","media":"seekingalpha","summary":"SummaryPalantir shares have been rocked as the market prices in an underlying growth rate closer to ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Palantir shares have been rocked as the market prices in an underlying growth rate closer to 20% rather than the company’s 30% guidance.</li><li>Management stated that its Foundry platform could be to the coming decade what Amazon’s AWS was to the last, offering a glimpse into the vast upside potential.</li><li>Palantir has suspended its SPAC investment strategy, eliminating a major customer acquisition red flag after unrealized losses surpassed $200 million.</li><li>With growth slowing, the open question is whether Palantir can broadly penetrate the enterprise software market and the non-US and UK government market.</li><li>Palantir offers one of the largest long-term growth opportunities in the marketplace. With the shares down 87% and expectations adjusting lower, there is increasing visibility into the upside potential.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b22457c73fde6bb9452530e03e739c60\" tg-width=\"750\" tg-height=\"580\" width=\"100%\" height=\"auto\"/><span>agawa288/iStock via Getty Images</span></p><p>I am assigning Palantir (NYSE:PLTR) a positive risk/reward rating based on the vast nature of its long-term opportunity set, its increasingly attractive valuation, and its deeply oversold technical position. In my prior Palantir report from February 3, 2022, I made the following observation of the likely downside potential for Palantir:</p><blockquote>To estimate downside potential beneath $10, I apply an earnings multiple of 40x the 2022 non-GAAP consensus earnings estimate… would place Palantir shares at $8… If the 39% consensus earnings estimate for 2022 is too high, further downside from $8 is in the realm of possibility… I apply the same 40x non-GAAP earnings to my estimate of Palantir&#39;s current annual run rate… If earnings growth comes in at 25% for 2022 (my estimate of adjusted gross profit growth as of Q3 2021)… the shares could trade down to $6.</blockquote><p>In fact, the shares touched a low of $6.44 on May 12, 2022, punctuating a vicious -32% selloff following the company&#39;s Q1 2022 earnings release. Interestingly, consensus earnings growth estimates are now aligned with my previous 25% earnings growth estimate for 2022. The extraordinary volatility is a reminder that Palantir is for those seeking exceptional growth potential with the associated risk.</p><p>Nonetheless, the shares are testing a reasonable valuation zone, as outlined in my prior report. Additionally, Palantir&#39;s stock is down roughly 87% from its all-time high reached in 2021. As a result, it is fair to say that a significant amount of risk has already materialized and thus has been removed from Palantir&#39;s share price.</p><p><b>Risk/Reward Rating: Positive</b></p><p>While taking notes during Palantir&#39;s Q1 2022 earnings conference call, <a href=\"https://laohu8.com/S/AONE.U\">one</a> line, in particular, stood out and captures the essence of the Palantir investment case. The following is a paraphrase of my notes from the call: &#34;What AWS was to the last decade, Foundry will be to the next.&#34;</p><p>Foundry is one of three primary platforms offered by Palantir. This type of vision speaks to the upside opportunity that many envision for Palantir&#39;s future. Most investors attribute the majority of Amazon&#39;s (AMZN) $1.2 trillion market value to its AWS division. As a result, even a fraction of an AWS-like opportunity represents extraordinary growth potential for Palantir and its shareholders. Palantir&#39;s current valuation is near $18 billion (using the fully diluted share count) and trending lower.</p><p><b>Growth Trajectory</b></p><p>In terms of its growth potential, Palantir continues to guide investors to 30% revenue growth per year through 2025. The 32% selloff in the shares following the reiteration of this guidance speaks to the challenge facing Palantir&#39;s stock in the near term. The market has clearly signaled that it doubts whether management&#39;s 30% growth guidance can be achieved. I spoke to the high likelihood that growth would disappoint in my February report after breaking down Palantir&#39;s growth by customer cohort (emphasis added):</p><blockquote>Similar to the Scale cohort growth rate annualizing at 20% in 2021, the new customer sales growth rate is annualizing at 22% through Q3 2021… As a result<b>, Palantir appears to be trending toward an underlying sales growth rate closer to 20%</b> than the company&#39;s 30% sales growth guidance through mid-decade.</blockquote><p>Now that the risk of disappointment has materialized, the market is increasingly uncertain about the sustainable growth trajectory for Palantir. To tackle this question, I compiled Palantir&#39;s segment sales performance for Q1 2022 and the full year of 2021 to construct a picture of the near-term growth trajectory. The following two tables were compiled from Palantir&#39;s Q1 2022 10-Q and 2021 10-K filed with the SEC. The first table displays Q1 2022 and the second displays 2021. Please note that I have color-coded the related cells for comparison within and between the tables.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6014209021f3fa2f8092daf4a26dba11\" tg-width=\"640\" tg-height=\"464\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Before adding the 2021 table for comparison, note that Palantir grew its revenue by just over 19% in Q1 2022, excluding revenue from Investees (the lower blue highlighted cell). Please compare the 19% growth in Q1 2022 to the blue highlighted cells in the table below for 2021. The growth deceleration is material excluding Investee revenue.</p><p>I would highly recommend reading my prior report for a detailed discussion of the Investee situation. A summary of the current Investees is included at the end of this article for those interested. In essence, investing in companies in return for software sales to those same companies is not a sustainable customer acquisition strategy.</p><p>As a result, I and many others exclude sales to Investees from view when trying to determine Palantir&#39;s sustainable growth trajectory. Interestingly, Palantir stated on the Q1 2022 conference call that they have discontinued the Investee program thus removing a major red flag going forward.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a7b062d439185403c6bcd0841413601\" tg-width=\"640\" tg-height=\"464\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Notice that total sales grew nearly 37% excluding Investees in 2021 (the lower blue highlighted cell). It should be noted that the growth rate in Q3 2021 was 29% and in Q4 2021 it was 25% (not shown here). The 19% growth posted in Q1 2022 is a substantial deceleration, however, it is generally in line with what one would expect given the preexisting slowdown in Palantir&#39;s growth trajectory.</p><p>I have highlighted in yellow the total dollar growth of revenue for Q1 2022 and the full year of 2021 (excluding sales to Investees). The $66 million of revenue growth in Q1 2022 annualizes at $264 million, in comparison to the $401 million of revenue growth posted in 2021. While Palantir experiences some cyclicality, with the potential for stronger sales in the second half of the year, the Q1 2022 sales figure looks quite weak.</p><p>In fact, in Q1 2021, Palantir grew sales by $112 million (not shown here) which annualized at $448 million compared to the actual sales growth achieved in 2021 of $401 million (excluding Investee revenue). As a result, the Q1 2022 sales growth figure, which annualizes at $264 million, is worrisome when compared to 2021 and the company&#39;s 30% sales growth guidance.</p><p>If sales growth were to come in at $264 million for all of 2022 (excluding Investees), Palantir would grow at 17%. With 19% growth in Q1 2022, down from 37% in 2021, 17% growth would represent a stabilization of the existing downtrend rather than a continuation of Palantir&#39;s growth deceleration.</p><p>Growth stabilization looks to be a possibility as the following paraphrase from my Q1 2022 conference call notes highlights. The paraphrase pertains to management&#39;s discussion of Palantir&#39;s near-term sales guidance which disappointed investors (emphasis added): <i>&#34;We have visibility into the upside,</i> and the upside is quite large.&#34;</p><p><b>Upside Visibility</b></p><p>The bolded text in the above quote inspired the title for this report. It also captures the increasing upside visibility available to investors as Palantir&#39;s share price continues to fall. In terms of what could drive Palantir&#39;s revenue upside, management believes that US government sales will reaccelerate as 2022 unfolds. The 16% growth posted in Q1 2022 is well below the historical Government segment growth rate of 30% per year. This segment could certainly stabilize Palantir&#39;s growth rate as it represents 54% of sales as of Q1.</p><p>With Commercial segment sales growth stable in 2021 and Q1 2022 near 24% per year (excluding Investee revenue), the Government segment trending back towards its historical growth rate of 30% would return Palantir to the ballpark of its 30% annual sales growth guidance.</p><p>The following table highlights another Government segment growth vector that could open up given the extreme level of geopolitical instability and the structural ripple effects into the Commercial segment. These ripple effects are most clearly visible in the widespread failure of supply chains in recent times. The table was compiled from Palantir&#39;s Q1 2022 10-Q filed with the SEC. I have highlighted the additional Government growth vector.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cde3ec929a5825c2fbed7e6a378b108a\" tg-width=\"640\" tg-height=\"135\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>The US government represented 42% of Palantir&#39;s total sales in Q1 2022 or approximately $187 million. The UK is a large government customer as well, with the Royal Navy and NHS being notable Palantir customers. I estimate that the US and UK governments account for approximately 92% of Palantir&#39;s total Government segment sales. As a result, the vast majority of the rest of world sales in the above table represent Commercial segment sales. I estimate commercial sales comprise 84% of Palantir&#39;s rest of world revenue.</p><p>There is extraordinary upside potential for Palantir in the Government segment globally at only 16% of rest of world sales. With the US and UK governments serving as early adopters, other governments are likely to be incentivized to explore Palantir&#39;s capabilities.</p><p>Greater integration with the US and UK should become increasingly attractive for the rest of the world category. This is especially true given the geopolitical situation and associated commercial disruptions. The possibility that this could become a growth vector for Palantir is highlighted by the following two paraphrases from my Q1 2022 conference call notes: &#34;The nuclear threat is much higher than is believed or than is being portrayed in the media.&#34;</p><p>The underappreciated risk of nuclear events, while at the extreme end of the risk spectrum that Palantir&#39;s products help address, serves to accentuate the opportunity set for Palantir. There are an unlimited number of geopolitical risk vectors for the Government segment with direct ripple effects into the Commercial segment. These risks are now on the front burner for the world&#39;s governments and enterprises alike.</p><p>The second paraphrase from my notes pertains to the spillover of geopolitical tensions into the commercial realm and the disruption of supply chains in particular: &#34;Literally every function of every business is breaking.&#34;</p><p>In essence, Palantir believes that the rapid escalation of geopolitical risks (Russia and China in particular) and the spillover into the commercial sector represents an ideal backdrop for Palantir to sell into, given the company&#39;s deep roots in national security and mission-critical operations. I tend to agree overall with this positive competitive assessment for the coming years. These dynamics could very well lead to nearer-term growth opportunities that could surprise to the upside once the current growth disappointment dissipates and expectations are fully reset.</p><p><b>Consensus Growth Estimates</b></p><p>Interestingly, consensus revenue growth estimates remain unchanged since my February report. As evidenced by Palantir&#39;s collapsing share price, the market has sent a clear signal of no confidence in Palantir achieving 30% sales growth. That said, consensus growth estimates continue to embed the company&#39;s 30% sales growth guidance. Please note that consensus sales estimates include Investee revenue which should account for 6% of total sales in 2022. The following tables were compiled from Seeking Alpha and my prior article and display consensus estimates as of 5-15-22 compared to 2-2-22.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/796c39436a333158793cf93601e3da5f\" tg-width=\"638\" tg-height=\"242\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha. Created by Brian Kapp, stoxdox</span></p><p>I have highlighted 2022 and 2023 for ease of comparison. Based on the underlying 17% to 19% sales growth trajectory as of Q1 2022 discussed above, the likelihood of missing estimates in 2022 and 2023 is elevated. This is especially true for sales in light of the termination of the Investee customer acquisition strategy. While consensus revenue estimates remain unchanged and at risk, earnings estimates have ratcheted lower since my last report as can be seen in the following table.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7c561c18fb35635a76c9ce58f477db0\" tg-width=\"638\" tg-height=\"242\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha. Created by Brian Kapp, stoxdox</span></p><p>I have highlighted in yellow the consensus earnings estimates for 2022 and 2023 which have declined by -20% and -14%, respectively, since February 2. Additionally, notice that the valuation multiple has contracted by 18%, from 62x to 51x the 2022 consensus estimate (highlighted in blue). The valuation multiple contracted 22%, from 45x to 35x the 2023 consensus earnings estimate. Please note that these are non-GAAP earnings estimates as Palantir currently operates at a loss on a GAAP basis.</p><p>Nonetheless, when earnings and valuation multiples are moving in the same direction, amplified price volatility is the end result. As investors, we are looking for situations in which earnings estimates and valuation multiples are moving up together, creating amplified upside opportunities. Palantir is clearly undergoing the opposite at the moment.</p><p><b>Profitability Trends</b></p><p>There remains further risk to consensus earnings estimates for 2022 and 2023 as is evidenced by the company&#39;s various profitability measures. When reviewing the underlying trend in Palantir&#39;s profitability measures, consensus estimates for 25% and 47% growth in 2022 and 2023, respectively, appear to be at risk. The following table was compiled from Palantir&#39;s Q1 2022 10-Q filed with the SEC and displays the company&#39;s adjusted operating income growth (highlighted in yellow).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6c7104e38d18395dea8d8d4d8aa3b03\" tg-width=\"640\" tg-height=\"132\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>While Palantir&#39;s GAAP income is improving from -$114 million to -$39 million, its adjusted operating income has stagnated for all intents and purposes. The signs of profitability stagnation are also evident in Palantir&#39;s cash flow statement below (compiled from the same 10-Q). I have highlighted the key data points.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4643407d0c54c1abe4e12ae6e9a370de\" tg-width=\"640\" tg-height=\"464\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Importantly, Palantir&#39;s Q1 cash flow from operations declined by 70% to $35 million in Q1 2022, while free cash flow turned decidedly negative (the yellow highlighted cells versus the blue highlighted cells). I have included Palantir&#39;s investments in Investees in my free cash flow estimation. This amounted to $89.5 million in Q1 and was recently discontinued. Regardless, Palantir&#39;s declining cash flows fully support the message from its stagnant adjusted income. The consensus earnings estimates of 25% for 2022 and 47% for 2023 are clearly at risk.</p><p><b>Key Business Measure</b></p><p>Palantir utilizes a KPI or Key Performance Indicator for allocating resources internally, which is closely related to the concept of gross profit margin, called Contribution Margin. For a more detailed discussion of this metric, please see my February report. The underlying trajectory of this KPI is similar to the adjusted income and cash flow trends above, if less extreme.</p><p>The following tables display Palantir&#39;s Contribution Margin and were compiled from the company&#39;s Q1 2022 10-Q and my previous Palantir report. The first table displays Q1 2022 and the second displays the trend through Q3 2021. Please note that I have color-coded the related cells for comparison within and between the tables.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1976698261d14d8ba419b33b43766a8\" tg-width=\"640\" tg-height=\"423\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>Before displaying the 2021 data, please note that the Contribution Margin grew 24% in Q1 2022 (highlighted in yellow). The growth through Q3 2021 is displayed below and is also highlighted in yellow. Through the first three quarters of 2021, Contribution Margin grew by 64%, however, it slowed dramatically to 37% in Q3 2021 and 27% in Q4 2021 (not shown below). The research and development expense stagnation highlighted in blue, both above and below, will shed some light on the dynamics at play.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1eb3259f5f1b0ee57573816b7dd3484e\" tg-width=\"640\" tg-height=\"247\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></p><p>While the Contribution Margin is in a similar deceleration trend as most of Palantir&#39;s business metrics, at 24% growth in Q1 2022, the growth rate remains above all other metrics. The higher growth rate of Palantir&#39;s Contribution Margin in the face of stagnating adjusted income and declining cash flows is likely an artifact of the Investee program that was active through Q1 2022 and which was recently terminated.</p><p>In essence, Palantir invested in companies (Investees) in return for software sales commitments. Sales to such customers accounted for $39 million of Q1 2022 total sales. Notice in the first table that the 24% Contribution Margin growth in Q1 2022 equates to an increase of $48 million compared to Q1 2021. The Investee sales likely required little in the way of research and development or general and administrative expenses. Palantir acquired and implemented the relationships via an investment agreement.</p><p>As a result, the Contribution Margin growth of 24% in Q1 2022 is likely inflated by up to $39 million. Removing this would result in Contribution Margin growth of just 4%, which is more in line with the adjusted income stagnation and cash flow contraction. The stagnation of research and development expenses from Q3 2021 to Q1 2022 (highlighted in blue in the above tables) suggests that this is the correct inference regarding the inflated growth of Palantir&#39;s Contribution Margin compared to its other performance metrics.</p><p><b>Research and Development</b></p><p>In my February report, I highlighted the rapid slowdown of research and development expenses as a likely negative signal. The reason for this is Palantir&#39;s unique sales cycle compared to standard enterprise software companies. I covered the details of Palantir&#39;s unique sales cycle and customer cohorts in the prior report. The essence is captured by the following quote from the February article:</p><blockquote>The research and development investment slowdown could be a negative read through for sales growth as R&amp;D is an integral part of the sales process. Research and development expenses should track the sales cycle through the three customer phases: Acquire, Expand, and Scale… This does not appear to be happening at the moment.</blockquote><p>The following passage from Palantir&#39;s 2021 10-K supports my interpretation of the signal being sent by Palantir&#39;s stagnant research and development investment.</p><blockquote>We believe that in order to fully address the most complex and valuable challenges that our customers face, we must experience and understand their problems firsthand… we embed with our users. Our research and development function is responsible for the design, development, testing, validation, and refinement of our platforms, and embedding with our users allows us to identify research and development opportunities…</blockquote><p>In summary, all profit growth measures look to be on a stagnating trajectory at minimum and point to an elevated risk of disappointment in regard to consensus earnings growth estimates. As a result, a primary challenge in evaluating the timing of an investment in Palantir is inferring what is priced into the shares on the sales and earnings growth front. With consensus growth estimates and the underlying trends in hand, we can begin to construct Palantir&#39;s potential return spectrum.</p><p><b>Technicals</b></p><p>The technical backdrop provides an excellent bird&#39;s eye view of Palantir&#39;s upside return potential, while fundamental measures will dominate the downside return potential given that Palantir is testing new all-time lows. The following 2-year daily chart captures Palantir&#39;s IPO and the essence of the technical backdrop. I have highlighted the key resistance levels (technical upside targets) with orange lines.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7a15fef920f0c09c71a9d697b708eaa\" tg-width=\"640\" tg-height=\"372\" width=\"100%\" height=\"auto\"/><span>Palantir 2-year daily chart (Created by Brian Kapp using a chart from Barchart.com)</span></p><p>Given the recent break to all-time lows, there are no visible technical support levels. The 1-year daily chart below provides a closer look.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/806868dae1d9a75949a30a224137e08e\" tg-width=\"640\" tg-height=\"372\" width=\"100%\" height=\"auto\"/><span>Palantir 1-year daily chart (Created by Brian Kapp using a chart from Barchart.com)</span></p><p>Please note that the gold line represents the 50-day moving average and the grey line denotes the 200-day moving average. At roughly $8 per share, Palantir is deeply oversold as is evidenced by it being 128% away from its 200-day moving average. The 200-day moving average happens to coincide with the second resistance level. This is likely to be a very heavy resistance zone as it served as the primary support level during Q2 and Q4 of 2021.</p><p>Before testing the upper resistance levels, Palantir will first have to clear the first resistance level near the IPO price of $10. The following 6-month daily chart zooms in on this first resistance level.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94142f6bc2a59a08e88cd3e3422a9c12\" tg-width=\"640\" tg-height=\"372\" width=\"100%\" height=\"auto\"/><span>Palantir 6-month daily chart (Created by Brian Kapp using a chart from Barchart.com)</span></p><p>Notice that trading volume is dropping off following the two-day rally off the recent all-time low. This suggests that Palantir is likely to retest the all-time lows toward $6. A retest of the lows and the need for more extensive base building is well supported by the fundamental deterioration discussed above, as well as in my February report. This interpretation is also supported by the fact that Palantir still trades at an elevated valuation of 8.5x the 2022 consensus sales estimate and 51x the consensus non-GAAP EPS estimate.</p><p><b>Potential Return Spectrum</b></p><p>The upside return potential to each of the technical resistance levels is summarized in the table below. I have estimated the downside return potential using various comparable company valuations in the software industry: <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> (CRM), <a href=\"https://laohu8.com/S/WDAY\">Workday</a> (WDAY), and Splunk (SPLK). These comparables are a good representation of current valuations throughout the software sector. The lowest downside return estimate is arrived at by applying the market multiple to Palantir&#39;s 2022 EPS estimate.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69450b8413221d5ba42faa5de2a4591f\" tg-width=\"640\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha. Created by Brian Kapp, stoxdox</span></p><p>I have highlighted in yellow what I view as the most likely nearer-term return spectrum of -30% to +128%. The blue highlighted cells represent my estimation of the nearer-term (1-3 years) extremes of the potential return spectrum, which ranges from -44% to +239%.</p><p>The -60% downside potential cannot be ruled out if Palantir&#39;s growth disappointment persists, however, I view this as a low probability level even with further disappointment. On the upside, assuming Palantir begins to gain material traction in the Commercial segment, all-time highs within a 5-year time frame are a reasonable possibility. If so, the upside opportunity is extraordinary at +463%.</p><p><b>Summary</b></p><p>All told, Palantir&#39;s risk/reward asymmetry is heavily skewed to the upside. The vast nature of its long-term opportunity combined with its well-advanced valuation correction should bring all secular growth investors to attention. With the stock highly likely to retest recent lows or lower while building a base, the time is now to plan and execute an accumulation strategy for those seeking exceptional return potential.</p><p>If Palantir can execute on its growth plan and become some version of what AWS was to the last decade, the upside potential is truly vast. In conclusion, my prior quote captures the essence of the Palantir investment case, from the perspective of the company and its business as well as that of an investor: &#34;We have visibility into the upside, and the upside is quite large.&#34;</p><p><b>Investee Details</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54e74788c15daaafe35356e42375e00c\" tg-width=\"640\" tg-height=\"474\" width=\"100%\" height=\"auto\"/><span>Created by Brian Kapp, stoxdox</span></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>Palantir: Visibility Into The Upside</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\">\nPalantir: Visibility Into The Upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-20 10:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4513235-palantir-visibility-into-the-upside><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir shares have been rocked as the market prices in an underlying growth rate closer to 20% rather than the company’s 30% guidance.Management stated that its Foundry platform could be to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4513235-palantir-visibility-into-the-upside\">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://seekingalpha.com/article/4513235-palantir-visibility-into-the-upside","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2236338440","content_text":"SummaryPalantir shares have been rocked as the market prices in an underlying growth rate closer to 20% rather than the company’s 30% guidance.Management stated that its Foundry platform could be to the coming decade what Amazon’s AWS was to the last, offering a glimpse into the vast upside potential.Palantir has suspended its SPAC investment strategy, eliminating a major customer acquisition red flag after unrealized losses surpassed $200 million.With growth slowing, the open question is whether Palantir can broadly penetrate the enterprise software market and the non-US and UK government market.Palantir offers one of the largest long-term growth opportunities in the marketplace. With the shares down 87% and expectations adjusting lower, there is increasing visibility into the upside potential.agawa288/iStock via Getty ImagesI am assigning Palantir (NYSE:PLTR) a positive risk/reward rating based on the vast nature of its long-term opportunity set, its increasingly attractive valuation, and its deeply oversold technical position. In my prior Palantir report from February 3, 2022, I made the following observation of the likely downside potential for Palantir:To estimate downside potential beneath $10, I apply an earnings multiple of 40x the 2022 non-GAAP consensus earnings estimate… would place Palantir shares at $8… If the 39% consensus earnings estimate for 2022 is too high, further downside from $8 is in the realm of possibility… I apply the same 40x non-GAAP earnings to my estimate of Palantir's current annual run rate… If earnings growth comes in at 25% for 2022 (my estimate of adjusted gross profit growth as of Q3 2021)… the shares could trade down to $6.In fact, the shares touched a low of $6.44 on May 12, 2022, punctuating a vicious -32% selloff following the company's Q1 2022 earnings release. Interestingly, consensus earnings growth estimates are now aligned with my previous 25% earnings growth estimate for 2022. The extraordinary volatility is a reminder that Palantir is for those seeking exceptional growth potential with the associated risk.Nonetheless, the shares are testing a reasonable valuation zone, as outlined in my prior report. Additionally, Palantir's stock is down roughly 87% from its all-time high reached in 2021. As a result, it is fair to say that a significant amount of risk has already materialized and thus has been removed from Palantir's share price.Risk/Reward Rating: PositiveWhile taking notes during Palantir's Q1 2022 earnings conference call, one line, in particular, stood out and captures the essence of the Palantir investment case. The following is a paraphrase of my notes from the call: \"What AWS was to the last decade, Foundry will be to the next.\"Foundry is one of three primary platforms offered by Palantir. This type of vision speaks to the upside opportunity that many envision for Palantir's future. Most investors attribute the majority of Amazon's (AMZN) $1.2 trillion market value to its AWS division. As a result, even a fraction of an AWS-like opportunity represents extraordinary growth potential for Palantir and its shareholders. Palantir's current valuation is near $18 billion (using the fully diluted share count) and trending lower.Growth TrajectoryIn terms of its growth potential, Palantir continues to guide investors to 30% revenue growth per year through 2025. The 32% selloff in the shares following the reiteration of this guidance speaks to the challenge facing Palantir's stock in the near term. The market has clearly signaled that it doubts whether management's 30% growth guidance can be achieved. I spoke to the high likelihood that growth would disappoint in my February report after breaking down Palantir's growth by customer cohort (emphasis added):Similar to the Scale cohort growth rate annualizing at 20% in 2021, the new customer sales growth rate is annualizing at 22% through Q3 2021… As a result, Palantir appears to be trending toward an underlying sales growth rate closer to 20% than the company's 30% sales growth guidance through mid-decade.Now that the risk of disappointment has materialized, the market is increasingly uncertain about the sustainable growth trajectory for Palantir. To tackle this question, I compiled Palantir's segment sales performance for Q1 2022 and the full year of 2021 to construct a picture of the near-term growth trajectory. The following two tables were compiled from Palantir's Q1 2022 10-Q and 2021 10-K filed with the SEC. The first table displays Q1 2022 and the second displays 2021. Please note that I have color-coded the related cells for comparison within and between the tables.Created by Brian Kapp, stoxdoxBefore adding the 2021 table for comparison, note that Palantir grew its revenue by just over 19% in Q1 2022, excluding revenue from Investees (the lower blue highlighted cell). Please compare the 19% growth in Q1 2022 to the blue highlighted cells in the table below for 2021. The growth deceleration is material excluding Investee revenue.I would highly recommend reading my prior report for a detailed discussion of the Investee situation. A summary of the current Investees is included at the end of this article for those interested. In essence, investing in companies in return for software sales to those same companies is not a sustainable customer acquisition strategy.As a result, I and many others exclude sales to Investees from view when trying to determine Palantir's sustainable growth trajectory. Interestingly, Palantir stated on the Q1 2022 conference call that they have discontinued the Investee program thus removing a major red flag going forward.Created by Brian Kapp, stoxdoxNotice that total sales grew nearly 37% excluding Investees in 2021 (the lower blue highlighted cell). It should be noted that the growth rate in Q3 2021 was 29% and in Q4 2021 it was 25% (not shown here). The 19% growth posted in Q1 2022 is a substantial deceleration, however, it is generally in line with what one would expect given the preexisting slowdown in Palantir's growth trajectory.I have highlighted in yellow the total dollar growth of revenue for Q1 2022 and the full year of 2021 (excluding sales to Investees). The $66 million of revenue growth in Q1 2022 annualizes at $264 million, in comparison to the $401 million of revenue growth posted in 2021. While Palantir experiences some cyclicality, with the potential for stronger sales in the second half of the year, the Q1 2022 sales figure looks quite weak.In fact, in Q1 2021, Palantir grew sales by $112 million (not shown here) which annualized at $448 million compared to the actual sales growth achieved in 2021 of $401 million (excluding Investee revenue). As a result, the Q1 2022 sales growth figure, which annualizes at $264 million, is worrisome when compared to 2021 and the company's 30% sales growth guidance.If sales growth were to come in at $264 million for all of 2022 (excluding Investees), Palantir would grow at 17%. With 19% growth in Q1 2022, down from 37% in 2021, 17% growth would represent a stabilization of the existing downtrend rather than a continuation of Palantir's growth deceleration.Growth stabilization looks to be a possibility as the following paraphrase from my Q1 2022 conference call notes highlights. The paraphrase pertains to management's discussion of Palantir's near-term sales guidance which disappointed investors (emphasis added): \"We have visibility into the upside, and the upside is quite large.\"Upside VisibilityThe bolded text in the above quote inspired the title for this report. It also captures the increasing upside visibility available to investors as Palantir's share price continues to fall. In terms of what could drive Palantir's revenue upside, management believes that US government sales will reaccelerate as 2022 unfolds. The 16% growth posted in Q1 2022 is well below the historical Government segment growth rate of 30% per year. This segment could certainly stabilize Palantir's growth rate as it represents 54% of sales as of Q1.With Commercial segment sales growth stable in 2021 and Q1 2022 near 24% per year (excluding Investee revenue), the Government segment trending back towards its historical growth rate of 30% would return Palantir to the ballpark of its 30% annual sales growth guidance.The following table highlights another Government segment growth vector that could open up given the extreme level of geopolitical instability and the structural ripple effects into the Commercial segment. These ripple effects are most clearly visible in the widespread failure of supply chains in recent times. The table was compiled from Palantir's Q1 2022 10-Q filed with the SEC. I have highlighted the additional Government growth vector.Created by Brian Kapp, stoxdoxThe US government represented 42% of Palantir's total sales in Q1 2022 or approximately $187 million. The UK is a large government customer as well, with the Royal Navy and NHS being notable Palantir customers. I estimate that the US and UK governments account for approximately 92% of Palantir's total Government segment sales. As a result, the vast majority of the rest of world sales in the above table represent Commercial segment sales. I estimate commercial sales comprise 84% of Palantir's rest of world revenue.There is extraordinary upside potential for Palantir in the Government segment globally at only 16% of rest of world sales. With the US and UK governments serving as early adopters, other governments are likely to be incentivized to explore Palantir's capabilities.Greater integration with the US and UK should become increasingly attractive for the rest of the world category. This is especially true given the geopolitical situation and associated commercial disruptions. The possibility that this could become a growth vector for Palantir is highlighted by the following two paraphrases from my Q1 2022 conference call notes: \"The nuclear threat is much higher than is believed or than is being portrayed in the media.\"The underappreciated risk of nuclear events, while at the extreme end of the risk spectrum that Palantir's products help address, serves to accentuate the opportunity set for Palantir. There are an unlimited number of geopolitical risk vectors for the Government segment with direct ripple effects into the Commercial segment. These risks are now on the front burner for the world's governments and enterprises alike.The second paraphrase from my notes pertains to the spillover of geopolitical tensions into the commercial realm and the disruption of supply chains in particular: \"Literally every function of every business is breaking.\"In essence, Palantir believes that the rapid escalation of geopolitical risks (Russia and China in particular) and the spillover into the commercial sector represents an ideal backdrop for Palantir to sell into, given the company's deep roots in national security and mission-critical operations. I tend to agree overall with this positive competitive assessment for the coming years. These dynamics could very well lead to nearer-term growth opportunities that could surprise to the upside once the current growth disappointment dissipates and expectations are fully reset.Consensus Growth EstimatesInterestingly, consensus revenue growth estimates remain unchanged since my February report. As evidenced by Palantir's collapsing share price, the market has sent a clear signal of no confidence in Palantir achieving 30% sales growth. That said, consensus growth estimates continue to embed the company's 30% sales growth guidance. Please note that consensus sales estimates include Investee revenue which should account for 6% of total sales in 2022. The following tables were compiled from Seeking Alpha and my prior article and display consensus estimates as of 5-15-22 compared to 2-2-22.Seeking Alpha. Created by Brian Kapp, stoxdoxI have highlighted 2022 and 2023 for ease of comparison. Based on the underlying 17% to 19% sales growth trajectory as of Q1 2022 discussed above, the likelihood of missing estimates in 2022 and 2023 is elevated. This is especially true for sales in light of the termination of the Investee customer acquisition strategy. While consensus revenue estimates remain unchanged and at risk, earnings estimates have ratcheted lower since my last report as can be seen in the following table.Seeking Alpha. Created by Brian Kapp, stoxdoxI have highlighted in yellow the consensus earnings estimates for 2022 and 2023 which have declined by -20% and -14%, respectively, since February 2. Additionally, notice that the valuation multiple has contracted by 18%, from 62x to 51x the 2022 consensus estimate (highlighted in blue). The valuation multiple contracted 22%, from 45x to 35x the 2023 consensus earnings estimate. Please note that these are non-GAAP earnings estimates as Palantir currently operates at a loss on a GAAP basis.Nonetheless, when earnings and valuation multiples are moving in the same direction, amplified price volatility is the end result. As investors, we are looking for situations in which earnings estimates and valuation multiples are moving up together, creating amplified upside opportunities. Palantir is clearly undergoing the opposite at the moment.Profitability TrendsThere remains further risk to consensus earnings estimates for 2022 and 2023 as is evidenced by the company's various profitability measures. When reviewing the underlying trend in Palantir's profitability measures, consensus estimates for 25% and 47% growth in 2022 and 2023, respectively, appear to be at risk. The following table was compiled from Palantir's Q1 2022 10-Q filed with the SEC and displays the company's adjusted operating income growth (highlighted in yellow).Created by Brian Kapp, stoxdoxWhile Palantir's GAAP income is improving from -$114 million to -$39 million, its adjusted operating income has stagnated for all intents and purposes. The signs of profitability stagnation are also evident in Palantir's cash flow statement below (compiled from the same 10-Q). I have highlighted the key data points.Created by Brian Kapp, stoxdoxImportantly, Palantir's Q1 cash flow from operations declined by 70% to $35 million in Q1 2022, while free cash flow turned decidedly negative (the yellow highlighted cells versus the blue highlighted cells). I have included Palantir's investments in Investees in my free cash flow estimation. This amounted to $89.5 million in Q1 and was recently discontinued. Regardless, Palantir's declining cash flows fully support the message from its stagnant adjusted income. The consensus earnings estimates of 25% for 2022 and 47% for 2023 are clearly at risk.Key Business MeasurePalantir utilizes a KPI or Key Performance Indicator for allocating resources internally, which is closely related to the concept of gross profit margin, called Contribution Margin. For a more detailed discussion of this metric, please see my February report. The underlying trajectory of this KPI is similar to the adjusted income and cash flow trends above, if less extreme.The following tables display Palantir's Contribution Margin and were compiled from the company's Q1 2022 10-Q and my previous Palantir report. The first table displays Q1 2022 and the second displays the trend through Q3 2021. Please note that I have color-coded the related cells for comparison within and between the tables.Created by Brian Kapp, stoxdoxBefore displaying the 2021 data, please note that the Contribution Margin grew 24% in Q1 2022 (highlighted in yellow). The growth through Q3 2021 is displayed below and is also highlighted in yellow. Through the first three quarters of 2021, Contribution Margin grew by 64%, however, it slowed dramatically to 37% in Q3 2021 and 27% in Q4 2021 (not shown below). The research and development expense stagnation highlighted in blue, both above and below, will shed some light on the dynamics at play.Created by Brian Kapp, stoxdoxWhile the Contribution Margin is in a similar deceleration trend as most of Palantir's business metrics, at 24% growth in Q1 2022, the growth rate remains above all other metrics. The higher growth rate of Palantir's Contribution Margin in the face of stagnating adjusted income and declining cash flows is likely an artifact of the Investee program that was active through Q1 2022 and which was recently terminated.In essence, Palantir invested in companies (Investees) in return for software sales commitments. Sales to such customers accounted for $39 million of Q1 2022 total sales. Notice in the first table that the 24% Contribution Margin growth in Q1 2022 equates to an increase of $48 million compared to Q1 2021. The Investee sales likely required little in the way of research and development or general and administrative expenses. Palantir acquired and implemented the relationships via an investment agreement.As a result, the Contribution Margin growth of 24% in Q1 2022 is likely inflated by up to $39 million. Removing this would result in Contribution Margin growth of just 4%, which is more in line with the adjusted income stagnation and cash flow contraction. The stagnation of research and development expenses from Q3 2021 to Q1 2022 (highlighted in blue in the above tables) suggests that this is the correct inference regarding the inflated growth of Palantir's Contribution Margin compared to its other performance metrics.Research and DevelopmentIn my February report, I highlighted the rapid slowdown of research and development expenses as a likely negative signal. The reason for this is Palantir's unique sales cycle compared to standard enterprise software companies. I covered the details of Palantir's unique sales cycle and customer cohorts in the prior report. The essence is captured by the following quote from the February article:The research and development investment slowdown could be a negative read through for sales growth as R&D is an integral part of the sales process. Research and development expenses should track the sales cycle through the three customer phases: Acquire, Expand, and Scale… This does not appear to be happening at the moment.The following passage from Palantir's 2021 10-K supports my interpretation of the signal being sent by Palantir's stagnant research and development investment.We believe that in order to fully address the most complex and valuable challenges that our customers face, we must experience and understand their problems firsthand… we embed with our users. Our research and development function is responsible for the design, development, testing, validation, and refinement of our platforms, and embedding with our users allows us to identify research and development opportunities…In summary, all profit growth measures look to be on a stagnating trajectory at minimum and point to an elevated risk of disappointment in regard to consensus earnings growth estimates. As a result, a primary challenge in evaluating the timing of an investment in Palantir is inferring what is priced into the shares on the sales and earnings growth front. With consensus growth estimates and the underlying trends in hand, we can begin to construct Palantir's potential return spectrum.TechnicalsThe technical backdrop provides an excellent bird's eye view of Palantir's upside return potential, while fundamental measures will dominate the downside return potential given that Palantir is testing new all-time lows. The following 2-year daily chart captures Palantir's IPO and the essence of the technical backdrop. I have highlighted the key resistance levels (technical upside targets) with orange lines.Palantir 2-year daily chart (Created by Brian Kapp using a chart from Barchart.com)Given the recent break to all-time lows, there are no visible technical support levels. The 1-year daily chart below provides a closer look.Palantir 1-year daily chart (Created by Brian Kapp using a chart from Barchart.com)Please note that the gold line represents the 50-day moving average and the grey line denotes the 200-day moving average. At roughly $8 per share, Palantir is deeply oversold as is evidenced by it being 128% away from its 200-day moving average. The 200-day moving average happens to coincide with the second resistance level. This is likely to be a very heavy resistance zone as it served as the primary support level during Q2 and Q4 of 2021.Before testing the upper resistance levels, Palantir will first have to clear the first resistance level near the IPO price of $10. The following 6-month daily chart zooms in on this first resistance level.Palantir 6-month daily chart (Created by Brian Kapp using a chart from Barchart.com)Notice that trading volume is dropping off following the two-day rally off the recent all-time low. This suggests that Palantir is likely to retest the all-time lows toward $6. A retest of the lows and the need for more extensive base building is well supported by the fundamental deterioration discussed above, as well as in my February report. This interpretation is also supported by the fact that Palantir still trades at an elevated valuation of 8.5x the 2022 consensus sales estimate and 51x the consensus non-GAAP EPS estimate.Potential Return SpectrumThe upside return potential to each of the technical resistance levels is summarized in the table below. I have estimated the downside return potential using various comparable company valuations in the software industry: Salesforce (CRM), Workday (WDAY), and Splunk (SPLK). These comparables are a good representation of current valuations throughout the software sector. The lowest downside return estimate is arrived at by applying the market multiple to Palantir's 2022 EPS estimate.Seeking Alpha. Created by Brian Kapp, stoxdoxI have highlighted in yellow what I view as the most likely nearer-term return spectrum of -30% to +128%. The blue highlighted cells represent my estimation of the nearer-term (1-3 years) extremes of the potential return spectrum, which ranges from -44% to +239%.The -60% downside potential cannot be ruled out if Palantir's growth disappointment persists, however, I view this as a low probability level even with further disappointment. On the upside, assuming Palantir begins to gain material traction in the Commercial segment, all-time highs within a 5-year time frame are a reasonable possibility. If so, the upside opportunity is extraordinary at +463%.SummaryAll told, Palantir's risk/reward asymmetry is heavily skewed to the upside. The vast nature of its long-term opportunity combined with its well-advanced valuation correction should bring all secular growth investors to attention. With the stock highly likely to retest recent lows or lower while building a base, the time is now to plan and execute an accumulation strategy for those seeking exceptional return potential.If Palantir can execute on its growth plan and become some version of what AWS was to the last decade, the upside potential is truly vast. In conclusion, my prior quote captures the essence of the Palantir investment case, from the perspective of the company and its business as well as that of an investor: \"We have visibility into the upside, and the upside is quite large.\"Investee DetailsCreated by Brian Kapp, stoxdox","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":127805367,"gmtCreate":1624842030259,"gmtModify":1703845855143,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/127805367","repostId":"2146007118","repostType":4,"repost":{"id":"2146007118","pubTimestamp":1624826996,"share":"https://www.laohu8.com/m/news/2146007118?lang=&edition=full","pubTime":"2021-06-28 04:49","market":"us","language":"en","title":"June jobs report, Consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2146007118","media":"Yahoo Finance","summary":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.However, a confluence of ","content":"<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.</p>\n<p>On Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.</p>\n<p>Non-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.</p>\n<p>\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"</p>\n<p>Even with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.</p>\n<p>But both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b881fe96eccc72cff61bf35b0dfa72fa\" tg-width=\"5210\" tg-height=\"3404\" referrerpolicy=\"no-referrer\"><span>SAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images</span></p>\n<p>\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"</p>\n<p>However, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.</p>\n<p>\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"</p>\n<p>\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"</p>\n<h2>Consumer confidence</h2>\n<h2></h2>\n<p>Another closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.</p>\n<p>The headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.</p>\n<p>Like investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.</p>\n<p>Not only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.</p>\n<p>\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"</p>\n<p>Still, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.</p>\n<h2>Economic Calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)</p></li>\n <li><p><b>Tuesday: </b>FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&amp;P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);</p></li>\n <li><p><b>Thursday: </b>Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)</p></li>\n <li><p><b>Friday: </b>Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)</p></li>\n</ul>\n<h2>Earnings Calendar</h2>\n<ul>\n <li><p><b>Monday:</b> N/A</p></li>\n <li><p><b>Tuesday: </b>N/A</p></li>\n <li><p><b>Wednesday: </b>Constellation Brands (STZ), Bed Bath &amp; Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close</p></li>\n <li><p><b>Thursday: </b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA) before market open</p></li>\n <li><p><b>Friday:</b> N/A</p></li>\n</ul>","source":"yahoofinance_au","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>June jobs report, Consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJune jobs report, Consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 04:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/june-jobs-report-consumer-confidence-what-to-know-this-week-204956329.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146007118","content_text":"This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.\nOn Friday, the Labor Department will release its June jobs report. The print is expected to show an acceleration in rehiring and a step lower in the unemployment rate, helping alleviate some of the labor shortages reported across the economy as of late.\nNon-farm payrolls likely grew by 700,000 in June, according to Bloomberg consensus data. This would accelerate from the 559,000 added back in May and mark the biggest rise since March. And the unemployment rate is expected to move down to 5.6% from 5.8% in May, bringing the jobless rate closer to its pre-pandemic, 50-year low of 3.5%.\n\"Payrolls probably surged again in June, with the pace up from the +559,000 in May,\" TD Securities strategists wrote in a note Friday. \"Some acceleration in the private sector is suggested by the Homebase data, while government payrolls probably benefited from fewer than usual end-of-school-year layoffs.\"\nEven with a sizable monthly payroll gain, the economy would still be well off its pre-pandemic levels of employment. Heading into June, the U.S. economy was still down by more than 7 million payrolls compared to February 2020, with the deficit most pronounced in high-contact services industries like restaurants and hotels.\nBut both services and manufacturing companies have cited shortages of qualified workers to fill open positions, which hit a record high of over 9 million as of latest data. These supply-and-demand mismatches in the labor market – with shortages noted by firms from FedEx (FDX) to Yum Brands (YUM) — have also begun to push wages higher and created additional costs for businesses. In Friday's report, average hourly earnings are expected to jump 3.6% year-on-year for June, accelerating from May's 2% increase.\nSAN FRANCISCO, CALIFORNIA - JUNE 03: A pedestrian walks by a Now Hiring sign outside of a Lamps Plus store on June 03, 2021 in San Francisco, California. According to a U.S. Labor Department report, jobless claims fell for a fifth straight week to 385,000. (Photo by Justin Sullivan/Getty Images)Justin Sullivan via Getty Images\n\"Strong demand and weak supply should continue to put upward pressure on wages,\" Bank of America economist Michelle Meyer wrote in a note. \"Workers are quitting at a higher rate as they find better opportunities.\"\nHowever, a confluence of factors that have kept workers on the sidelines of the labor market may start to lessen in the coming months, some economists noted. Many have agreed that a combination of childcare concerns, fears of contracting COVID-19 and ongoing enhanced federal unemployment benefits have contributed to the still-elevated levels of joblessness, but that each of these should diminish as schools reopen, vaccinations continue and jobless benefits get phased out over the next several months.\n\"Labor supply may soon pick up,\" Meyer said. \"We find evidence of a quicker drop in unemployment insurance (UI) applications in states that discontinued generous federal UI benefits.\"\n\"Four states — Alaska, Iowa, Mississippi and Missouri — opted out in June 12 and UI applications in those states have fallen faster compared to other states, according to the latest initial jobless claims figures,\" she added. \"With another eight states opting out in the week ending June 19 and a total of 25 states by end of the summer, more workers should return to the workforce, helping to ease wage pressures and help meet the strong labor demand in the economy.\"\nConsumer confidence\n\nAnother closely watched economic data print this week will be the Conference Board's June consumer confidence index, which is expected to reflect a strong pick-up in sentiment during the recovery and heading into the summer. The report is due for release Tuesday morning.\nThe headline index is likely to rise to 119.0 for June from 117.2 in May, according to Bloomberg consensus data. This would mark the highest level since February 2020's 132.6, which itself had been a near two-decade high.\nLike investors, consumers have begun to warm to the notion that inflationary pressures seen during the early stages of the economic recovery may prove transitory. This has helped raise consumers' future expectations for their spending power and boosted sentiment at large, according to other consumer sentiment surveys including the University of Michigan's Surveys of Consumers.\nNot only did year-ahead inflation expectations fall slightly to 4.2% in June from May's decade peak of 4.6%, consumers also believed that the price surges will mostly be temporary,\" Richard Curtin, chief economist for the Surveys of Consumers, said on Friday.\n\"When the pandemic first started, consumers were quite uncertain about their job and income prospects, but reported widespread declines in market prices for homes, vehicles, and household durables,\" he added. \"Those favorable price references have dropped to the most negative in a decade, and job and income prospects have improved, but not quite as favorable as in the last few years of the prior expansion.\"\nStill, in a sign of some downside risk in Tuesday's report from the Conference Board, the University of Michigan's June final sentiment index edged lower to 85.5, coming in below the 86.4 preliminary print, but still above May's reading of 82.9.\nEconomic Calendar\n\nMonday: Dallas Fed Manufacturing Activity Index, June (32.5 expected, 34.9 in May)\nTuesday: FHFA House Price Index, month-on-month, April (1.7% expected, 1.4% in March); S&P CoreLogic Case-Shiller 20-City Composite index, month-over-month, April (1.80% expected, 1.60% in March); S&P CoreLogic Case-Shiller 20-City Composite index, year-over-year, April (13.27% in March); Conference Board Consumer Confidence, June (119.0 expected, 117.2 in May)\nWednesday: MBA Mortgage Applications, week ended June 25 (2.1% during prior week); ADP Employment Change, June (575,000 expected, 978,000 in May); MNI Chicago PMI, June (70.0 expected, 75.2 in May); Pending home sales, month-over-month, May (-1.0% expected, -4.4% in April);\nThursday: Challenger Job Cuts, year-over-year, June (-93.8% in May); Initial jobless claims, week ended June 26 (380,000 expected, 411,000 during prior week); Continuing claims, week ended June 19 (3.39 million during prior week); Markit US Manufacturing PMI, June final (62.6 in prior print); Construction Spending month-over-month, May (0.5% expected 0.2% in April); ISM Manufacturing, June (61.0 expected, 61.2 in May)\nFriday: Change in non-farm payrolls, June (700,000 expected, 559,000 in May); Unemployment rate, June (5.6% expected, 5.8% in May); Average hourly earnings year-over-year, June (3.6% expected, 2.0% in May); Average hourly earnings, month-over-month, June (0.4% expected, 0.5% in May); Trade balance, May (-$71.0 billion expected, -$68.9 billion in April); Factory orders, May (1.5% expected, -0.6% in April); Durable goods orders, May final (2.3% in prior print); Durable goods orders excluding transportation, May final (2.3% in prior print); Non-defense capital goods orders excluding aircraft, May final (-0.1% in April); Non-defense capital goods shipments excluding aircraft, May final (0.9% in prior print)\n\nEarnings Calendar\n\nMonday: N/A\nTuesday: N/A\nWednesday: Constellation Brands (STZ), Bed Bath & Beyond (BBBY), General Mills (GIS) before market open; Micron Technologies (MU) after market close\nThursday: Walgreens Boots Alliance (WBA) before market open\nFriday: N/A","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580948065391295","authorId":"3580948065391295","name":"FiNaLe","avatar":"https://static.tigerbbs.com/19cf41fbd46d9787d9b74e9829c0c5f4","crmLevel":5,"crmLevelSwitch":0},"content":"Done. Comment back pls","text":"Done. Comment back pls","html":"Done. Comment back pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163472104,"gmtCreate":1623892453108,"gmtModify":1703822686025,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/163472104","repostId":"2144713861","repostType":4,"repost":{"id":"2144713861","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":1623883569,"share":"https://www.laohu8.com/m/news/2144713861?lang=&edition=full","pubTime":"2021-06-17 06:46","market":"us","language":"en","title":"Wall Street closes lower as Fed officials project rate hikes for 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2144713861","media":"Reuters","summary":"June 16  - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.The Fed cited an impr","content":"<p>June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.</p>\n<p>New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.</p>\n<p>The Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.</p>\n<p>\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>The benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.</p>\n<p>With inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.</p>\n<p>The Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.</p>\n<p>\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.</p>\n<p>The Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&amp;P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.</p>\n<p>Only two of the S&amp;P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.</p>\n<p>The decliners were led by utilities, materials, and consumer staples.</p>\n<p>Volume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes lower as Fed officials project rate hikes for 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street closes lower as Fed officials project rate hikes for 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 06:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.</p>\n<p>New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.</p>\n<p>The Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.</p>\n<p>\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>The benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.</p>\n<p>With inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.</p>\n<p>The Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.</p>\n<p>\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.</p>\n<p>The Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&amp;P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.</p>\n<p>Only two of the S&amp;P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.</p>\n<p>The decliners were led by utilities, materials, and consumer staples.</p>\n<p>Volume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SQQQ":"纳指三倍做空ETF","QQQ":"纳指100ETF","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF","QLD":"纳指两倍做多ETF","DDM":"道指两倍做多ETF","DOG":"道指反向ETF",".DJI":"道琼斯","DXD":"道指两倍做空ETF",".IXIC":"NASDAQ Composite","PSQ":"纳指反向ETF","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","UPRO":"三倍做多标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","SDOW":"道指三倍做空ETF-ProShares","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","TQQQ":"纳指三倍做多ETF","SH":"标普500反向ETF","DJX":"1/100道琼斯","SSO":"两倍做多标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144713861","content_text":"June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.\nNew projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.\nThe Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.\n\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at BNP Paribas.\nThe benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.\nWith inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.\nThe Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.\n\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.\nThe Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.\nOnly two of the S&P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.\nThe decliners were led by utilities, materials, and consumer staples.\nVolume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.\nThe S&P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579568139568178","authorId":"3579568139568178","name":"Gnoixed","avatar":"https://static.tigerbbs.com/02d7e2310e2259dc0abb6c8cd2e1a05b","crmLevel":6,"crmLevelSwitch":0},"content":"pls reply","text":"pls reply","html":"pls reply"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833537209,"gmtCreate":1629249294601,"gmtModify":1676529978251,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong","listText":"Cheong","text":"Cheong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/833537209","repostId":"2160880977","repostType":4,"repost":{"id":"2160880977","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":1629240675,"share":"https://www.laohu8.com/m/news/2160880977?lang=&edition=full","pubTime":"2021-08-18 06:51","market":"us","language":"en","title":"Wall Street slumps after weak retail sales, Home Depot results","url":"https://stock-news.laohu8.com/highlight/detail?id=2160880977","media":"Reuters","summary":"* Home Depot falls as U.S. same-store sales miss estimates\n* Auto shortages, spend shift to services","content":"<p>* Home Depot falls as U.S. same-store sales miss estimates</p>\n<p>* Auto shortages, spend shift to services tank U.S. retail sales</p>\n<p>* Walmart flat after it raises sales forecast</p>\n<p>* Indexes down: Dow 0.79%, S&amp;P 0.71%, Nasdaq 0.93%</p>\n<p>Aug 17 (Reuters) - Wall Street's main indexes slid on Tuesday, with the S&amp;P 500 logging its biggest one-day percentage fall in about a month, weighed down by a drop in U.S. retail sales that raised concerns about the economic recovery, as well as by disappointing results from Home Depot.</p>\n<p>Most of the S&amp;P 500's sectors finished lower, with consumer discretionary the weakest performer, falling 2.3%.</p>\n<p>Home Depot shares fell 4.3% after the company's U.S. same-store sales fell short of estimates for the first time in nearly two years as pandemic-fueled do-it-yourself projects tapered off. Shares of rival Lowe's Companies dropped 5.8%.</p>\n<p>A report showed that U.S. retail sales fell more than expected in July, as supply shortages depressed motor vehicle purchases and the boost to spending from the economy's reopening and stimulus checks faded, suggesting a slowdown in growth early in the third quarter.</p>\n<p>“The retail sales drop I think clarified for investors that COVID may well be a big problem going into the fall,” said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.</p>\n<p>Prior to Tuesday's drops, the S&amp;P 500 and the Dow Jones Industrial Average had closed at record highs for five straight sessions.</p>\n<p>“The (market) backdrop remains really solid,\" said Katie Nixon, chief investment officer at Northern Trust Wealth Management. \"At this point, when you have some of these negative macro indicators coming in and you have markets that are selling at all-time highs with pretty expensive valuations by any measure, there is just going to be more vulnerability to that kind of bad news.”</p>\n<p>The Dow Jones Industrial Average fell 282.12 points, or 0.79%, to 35,343.28, the S&amp;P 500 lost 31.63 points, or 0.71%, to 4,448.08 and the Nasdaq Composite dropped 137.58 points, or 0.93%, to 14,656.18.</p>\n<p>The S&amp;P 500 healthcare sector was a bright spot, ending up 1.1% on the day.</p>\n<p>With the market in a period that has seasonally been weak historically, investors have said stocks may be due for a significant drop, with the S&amp;P 500 yet to experience a 5% pullback this year. On Monday, the S&amp;P 500 closed 100% above its March 2020 low.</p>\n<p>Still, market watchers have said that huge amounts of cash held by investors and companies could protect stocks from severe declines, as buyers are quick to look for opportunities to scoop up cheaper shares. Indeed, the indexes ended well above their session lows on Tuesday as stocks partially recovered late in the day.</p>\n<p>In an encouraging sign about the economic rebound, a Federal Reserve report showed production at U.S. factories surged in July.</p>\n<p>Investors are looking for signs about when the Fed will rein in its easy money policies, with minutes from the central bank's latest meeting due on Wednesday, and are watching the resurgence in COVID-19 cases and its impact on the economy.</p>\n<p>In other company news, Walmart Inc shares ended little changed after the retailer increased its annual U.S. same-store sales forecast after beating analysts' estimates.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 2.51-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 39 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 44 new highs and 318 new lows.</p>\n<p>About 9.5 billion shares changed hands in U.S. exchanges, above the 9.2 billion daily average over the last 20 sessions.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street slumps after weak retail sales, Home Depot results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street slumps after weak retail sales, Home Depot results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-18 06:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Home Depot falls as U.S. same-store sales miss estimates</p>\n<p>* Auto shortages, spend shift to services tank U.S. retail sales</p>\n<p>* Walmart flat after it raises sales forecast</p>\n<p>* Indexes down: Dow 0.79%, S&amp;P 0.71%, Nasdaq 0.93%</p>\n<p>Aug 17 (Reuters) - Wall Street's main indexes slid on Tuesday, with the S&amp;P 500 logging its biggest one-day percentage fall in about a month, weighed down by a drop in U.S. retail sales that raised concerns about the economic recovery, as well as by disappointing results from Home Depot.</p>\n<p>Most of the S&amp;P 500's sectors finished lower, with consumer discretionary the weakest performer, falling 2.3%.</p>\n<p>Home Depot shares fell 4.3% after the company's U.S. same-store sales fell short of estimates for the first time in nearly two years as pandemic-fueled do-it-yourself projects tapered off. Shares of rival Lowe's Companies dropped 5.8%.</p>\n<p>A report showed that U.S. retail sales fell more than expected in July, as supply shortages depressed motor vehicle purchases and the boost to spending from the economy's reopening and stimulus checks faded, suggesting a slowdown in growth early in the third quarter.</p>\n<p>“The retail sales drop I think clarified for investors that COVID may well be a big problem going into the fall,” said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.</p>\n<p>Prior to Tuesday's drops, the S&amp;P 500 and the Dow Jones Industrial Average had closed at record highs for five straight sessions.</p>\n<p>“The (market) backdrop remains really solid,\" said Katie Nixon, chief investment officer at Northern Trust Wealth Management. \"At this point, when you have some of these negative macro indicators coming in and you have markets that are selling at all-time highs with pretty expensive valuations by any measure, there is just going to be more vulnerability to that kind of bad news.”</p>\n<p>The Dow Jones Industrial Average fell 282.12 points, or 0.79%, to 35,343.28, the S&amp;P 500 lost 31.63 points, or 0.71%, to 4,448.08 and the Nasdaq Composite dropped 137.58 points, or 0.93%, to 14,656.18.</p>\n<p>The S&amp;P 500 healthcare sector was a bright spot, ending up 1.1% on the day.</p>\n<p>With the market in a period that has seasonally been weak historically, investors have said stocks may be due for a significant drop, with the S&amp;P 500 yet to experience a 5% pullback this year. On Monday, the S&amp;P 500 closed 100% above its March 2020 low.</p>\n<p>Still, market watchers have said that huge amounts of cash held by investors and companies could protect stocks from severe declines, as buyers are quick to look for opportunities to scoop up cheaper shares. Indeed, the indexes ended well above their session lows on Tuesday as stocks partially recovered late in the day.</p>\n<p>In an encouraging sign about the economic rebound, a Federal Reserve report showed production at U.S. factories surged in July.</p>\n<p>Investors are looking for signs about when the Fed will rein in its easy money policies, with minutes from the central bank's latest meeting due on Wednesday, and are watching the resurgence in COVID-19 cases and its impact on the economy.</p>\n<p>In other company news, Walmart Inc shares ended little changed after the retailer increased its annual U.S. same-store sales forecast after beating analysts' estimates.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 2.51-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 39 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 44 new highs and 318 new lows.</p>\n<p>About 9.5 billion shares changed hands in U.S. exchanges, above the 9.2 billion daily average over the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","HD":"家得宝","HBCP":"Home合众银行",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160880977","content_text":"* Home Depot falls as U.S. same-store sales miss estimates\n* Auto shortages, spend shift to services tank U.S. retail sales\n* Walmart flat after it raises sales forecast\n* Indexes down: Dow 0.79%, S&P 0.71%, Nasdaq 0.93%\nAug 17 (Reuters) - Wall Street's main indexes slid on Tuesday, with the S&P 500 logging its biggest one-day percentage fall in about a month, weighed down by a drop in U.S. retail sales that raised concerns about the economic recovery, as well as by disappointing results from Home Depot.\nMost of the S&P 500's sectors finished lower, with consumer discretionary the weakest performer, falling 2.3%.\nHome Depot shares fell 4.3% after the company's U.S. same-store sales fell short of estimates for the first time in nearly two years as pandemic-fueled do-it-yourself projects tapered off. Shares of rival Lowe's Companies dropped 5.8%.\nA report showed that U.S. retail sales fell more than expected in July, as supply shortages depressed motor vehicle purchases and the boost to spending from the economy's reopening and stimulus checks faded, suggesting a slowdown in growth early in the third quarter.\n“The retail sales drop I think clarified for investors that COVID may well be a big problem going into the fall,” said Rick Meckler, partner at Cherry Lane Investments in New Vernon, New Jersey.\nPrior to Tuesday's drops, the S&P 500 and the Dow Jones Industrial Average had closed at record highs for five straight sessions.\n“The (market) backdrop remains really solid,\" said Katie Nixon, chief investment officer at Northern Trust Wealth Management. \"At this point, when you have some of these negative macro indicators coming in and you have markets that are selling at all-time highs with pretty expensive valuations by any measure, there is just going to be more vulnerability to that kind of bad news.”\nThe Dow Jones Industrial Average fell 282.12 points, or 0.79%, to 35,343.28, the S&P 500 lost 31.63 points, or 0.71%, to 4,448.08 and the Nasdaq Composite dropped 137.58 points, or 0.93%, to 14,656.18.\nThe S&P 500 healthcare sector was a bright spot, ending up 1.1% on the day.\nWith the market in a period that has seasonally been weak historically, investors have said stocks may be due for a significant drop, with the S&P 500 yet to experience a 5% pullback this year. On Monday, the S&P 500 closed 100% above its March 2020 low.\nStill, market watchers have said that huge amounts of cash held by investors and companies could protect stocks from severe declines, as buyers are quick to look for opportunities to scoop up cheaper shares. Indeed, the indexes ended well above their session lows on Tuesday as stocks partially recovered late in the day.\nIn an encouraging sign about the economic rebound, a Federal Reserve report showed production at U.S. factories surged in July.\nInvestors are looking for signs about when the Fed will rein in its easy money policies, with minutes from the central bank's latest meeting due on Wednesday, and are watching the resurgence in COVID-19 cases and its impact on the economy.\nIn other company news, Walmart Inc shares ended little changed after the retailer increased its annual U.S. same-store sales forecast after beating analysts' estimates.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 2.51-to-1 ratio favored decliners.\nThe S&P 500 posted 39 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 44 new highs and 318 new lows.\nAbout 9.5 billion shares changed hands in U.S. exchanges, above the 9.2 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890493950,"gmtCreate":1628126944670,"gmtModify":1703501683140,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!&nbsp;","listText":"Cheong!&nbsp;","text":"Cheong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/890493950","repostId":"2157483930","repostType":4,"repost":{"id":"2157483930","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":1628118320,"share":"https://www.laohu8.com/m/news/2157483930?lang=&edition=full","pubTime":"2021-08-05 07:05","market":"us","language":"en","title":"Wall Street closes mixed, S&P 500 ends off record high","url":"https://stock-news.laohu8.com/highlight/detail?id=2157483930","media":"Reuters","summary":"GM slides despite posting quarterly profit\n\n\nPrivate payrolls growth slows as labor shortages linger","content":"<ul>\n <li>GM slides despite posting quarterly profit</li>\n</ul>\n<ul>\n <li>Private payrolls growth slows as labor shortages linger</li>\n</ul>\n<ul>\n <li>Netflix, <a href=\"https://laohu8.com/S/FB\">Facebook</a> outperform</li>\n</ul>\n<ul>\n <li>Indexes: Dow off 0.92%, S&amp;P down 0.46%, Nasdaq up 0.13%</li>\n</ul>\n<p>Aug 4 (Reuters) - U.S. stocks closed mostly lower on Wednesday, with the S&amp;P 500 falling from a record high after data signaled a slowdown in jobs growth in July, and <a href=\"https://laohu8.com/S/GM\">General Motors</a> tracked its worst day since early March.</p>\n<p>GM's shares slumped 8.9%, underscoring the uncertainty facing global automakers at a time of technological and economic disruption. Shares of rival <a href=\"https://laohu8.com/S/F\">Ford</a> fell 5.0%.</p>\n<p>Nine of the 11 S&amp;P indexes were lower, with industrials&nbsp;and energy&nbsp;both slipping, as data showed U.S. private payrolls increased far less than expected in July, likely constrained by shortages of workers and raw materials.</p>\n<p>The blue-chip Dow, heavily weighted toward economically-sensitive stocks, also declined.</p>\n<p>The technology-heavy Nasdaq&nbsp;bucked the trend after another report showed a measure of U.S. services industry activity jumped to a record high last month, suggesting a broader economic rebound was still on track.</p>\n<p>\"The ADP employment report this morning (is a) big miss ... has people really locked in on tomorrow's initial claims and then Friday's non-farm payrolls report,\" said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky. \"To me that’s a big driver (of the market today).\"</p>\n<p>\"Broadly, the continued evolution of COVID-19, the Delta variant over the recent weeks and months kind of re-rating of the growth outlook\" has the market coming to terms with what it means for the reflation trade, and what it means to the bond market, Mayfield said.</p>\n<p>After six straight month of gains, the benchmark S&amp;P 500&nbsp;has struggled to rise in August over concerns about the pace of growth as the economy rebounded from the depths of the COVID-19-driven recession, and fears of higher inflation overshadowed a stellar corporate earnings season.</p>\n<p>Federal Reserve Vice Chair Richard Clarida said on Wednesday the central bank should be in the position to begin raising interest rates in 2023.</p>\n<p>Still, tech and tech-adjacent stocks such as <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a>, which tend to perform better when interest rates are lower, outperformed the broader market.</p>\n<p>Focus now turns to the Labor Department's monthly jobs report on Friday.</p>\n<p>The Dow Jones Industrial Average fell 323.73 points, or 0.92%, to 34,792.67, the S&amp;P 500&nbsp;lost 20.49 points, or 0.46%, to 4,402.66 and the Nasdaq Composite added 19.24 points, or 0.13%, to 14,780.53.</p>\n<p>In earnings-related moves, BorgWarner Inc fell even as it beat profit expectations on strong consumer demand for new vehicles, while Kraft Heinz Co tumbled after warning of margin pressure from higher prices of ingredients.</p>\n<p><a href=\"https://laohu8.com/S/HOOD\">Robinhood Markets, Inc.</a> jumped 50.4% as interest from star fund manager Cathie Wood and small-time traders set up the stock for a fourth session of gains after its underwhelming market debut last week.</p>\n<p>Volume on U.S. exchanges was 9.78 billion shares, compared with the 9.71 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.02-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored decliners.</p>\n<p>The <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> posted 67 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 93 new highs and 107 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes mixed, S&P 500 ends off record high</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street closes mixed, S&P 500 ends off record high\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-05 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>GM slides despite posting quarterly profit</li>\n</ul>\n<ul>\n <li>Private payrolls growth slows as labor shortages linger</li>\n</ul>\n<ul>\n <li>Netflix, <a href=\"https://laohu8.com/S/FB\">Facebook</a> outperform</li>\n</ul>\n<ul>\n <li>Indexes: Dow off 0.92%, S&amp;P down 0.46%, Nasdaq up 0.13%</li>\n</ul>\n<p>Aug 4 (Reuters) - U.S. stocks closed mostly lower on Wednesday, with the S&amp;P 500 falling from a record high after data signaled a slowdown in jobs growth in July, and <a href=\"https://laohu8.com/S/GM\">General Motors</a> tracked its worst day since early March.</p>\n<p>GM's shares slumped 8.9%, underscoring the uncertainty facing global automakers at a time of technological and economic disruption. Shares of rival <a href=\"https://laohu8.com/S/F\">Ford</a> fell 5.0%.</p>\n<p>Nine of the 11 S&amp;P indexes were lower, with industrials&nbsp;and energy&nbsp;both slipping, as data showed U.S. private payrolls increased far less than expected in July, likely constrained by shortages of workers and raw materials.</p>\n<p>The blue-chip Dow, heavily weighted toward economically-sensitive stocks, also declined.</p>\n<p>The technology-heavy Nasdaq&nbsp;bucked the trend after another report showed a measure of U.S. services industry activity jumped to a record high last month, suggesting a broader economic rebound was still on track.</p>\n<p>\"The ADP employment report this morning (is a) big miss ... has people really locked in on tomorrow's initial claims and then Friday's non-farm payrolls report,\" said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky. \"To me that’s a big driver (of the market today).\"</p>\n<p>\"Broadly, the continued evolution of COVID-19, the Delta variant over the recent weeks and months kind of re-rating of the growth outlook\" has the market coming to terms with what it means for the reflation trade, and what it means to the bond market, Mayfield said.</p>\n<p>After six straight month of gains, the benchmark S&amp;P 500&nbsp;has struggled to rise in August over concerns about the pace of growth as the economy rebounded from the depths of the COVID-19-driven recession, and fears of higher inflation overshadowed a stellar corporate earnings season.</p>\n<p>Federal Reserve Vice Chair Richard Clarida said on Wednesday the central bank should be in the position to begin raising interest rates in 2023.</p>\n<p>Still, tech and tech-adjacent stocks such as <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a>, which tend to perform better when interest rates are lower, outperformed the broader market.</p>\n<p>Focus now turns to the Labor Department's monthly jobs report on Friday.</p>\n<p>The Dow Jones Industrial Average fell 323.73 points, or 0.92%, to 34,792.67, the S&amp;P 500&nbsp;lost 20.49 points, or 0.46%, to 4,402.66 and the Nasdaq Composite added 19.24 points, or 0.13%, to 14,780.53.</p>\n<p>In earnings-related moves, BorgWarner Inc fell even as it beat profit expectations on strong consumer demand for new vehicles, while Kraft Heinz Co tumbled after warning of margin pressure from higher prices of ingredients.</p>\n<p><a href=\"https://laohu8.com/S/HOOD\">Robinhood Markets, Inc.</a> jumped 50.4% as interest from star fund manager Cathie Wood and small-time traders set up the stock for a fourth session of gains after its underwhelming market debut last week.</p>\n<p>Volume on U.S. exchanges was 9.78 billion shares, compared with the 9.71 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.02-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored decliners.</p>\n<p>The <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a> posted 67 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 93 new highs and 107 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BWA":"博格华纳","F":"福特汽车","NFLX":"奈飞","KHC":"卡夫亨氏"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157483930","content_text":"GM slides despite posting quarterly profit\n\n\nPrivate payrolls growth slows as labor shortages linger\n\n\nNetflix, Facebook outperform\n\n\nIndexes: Dow off 0.92%, S&P down 0.46%, Nasdaq up 0.13%\n\nAug 4 (Reuters) - U.S. stocks closed mostly lower on Wednesday, with the S&P 500 falling from a record high after data signaled a slowdown in jobs growth in July, and General Motors tracked its worst day since early March.\nGM's shares slumped 8.9%, underscoring the uncertainty facing global automakers at a time of technological and economic disruption. Shares of rival Ford fell 5.0%.\nNine of the 11 S&P indexes were lower, with industrials and energy both slipping, as data showed U.S. private payrolls increased far less than expected in July, likely constrained by shortages of workers and raw materials.\nThe blue-chip Dow, heavily weighted toward economically-sensitive stocks, also declined.\nThe technology-heavy Nasdaq bucked the trend after another report showed a measure of U.S. services industry activity jumped to a record high last month, suggesting a broader economic rebound was still on track.\n\"The ADP employment report this morning (is a) big miss ... has people really locked in on tomorrow's initial claims and then Friday's non-farm payrolls report,\" said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky. \"To me that’s a big driver (of the market today).\"\n\"Broadly, the continued evolution of COVID-19, the Delta variant over the recent weeks and months kind of re-rating of the growth outlook\" has the market coming to terms with what it means for the reflation trade, and what it means to the bond market, Mayfield said.\nAfter six straight month of gains, the benchmark S&P 500 has struggled to rise in August over concerns about the pace of growth as the economy rebounded from the depths of the COVID-19-driven recession, and fears of higher inflation overshadowed a stellar corporate earnings season.\nFederal Reserve Vice Chair Richard Clarida said on Wednesday the central bank should be in the position to begin raising interest rates in 2023.\nStill, tech and tech-adjacent stocks such as Netflix and Facebook, which tend to perform better when interest rates are lower, outperformed the broader market.\nFocus now turns to the Labor Department's monthly jobs report on Friday.\nThe Dow Jones Industrial Average fell 323.73 points, or 0.92%, to 34,792.67, the S&P 500 lost 20.49 points, or 0.46%, to 4,402.66 and the Nasdaq Composite added 19.24 points, or 0.13%, to 14,780.53.\nIn earnings-related moves, BorgWarner Inc fell even as it beat profit expectations on strong consumer demand for new vehicles, while Kraft Heinz Co tumbled after warning of margin pressure from higher prices of ingredients.\nRobinhood Markets, Inc. jumped 50.4% as interest from star fund manager Cathie Wood and small-time traders set up the stock for a fourth session of gains after its underwhelming market debut last week.\nVolume on U.S. exchanges was 9.78 billion shares, compared with the 9.71 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.02-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored decliners.\nThe S&P 500 posted 67 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 93 new highs and 107 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167059337,"gmtCreate":1624240277429,"gmtModify":1703831261758,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/167059337","repostId":"1154249454","repostType":4,"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9081989014,"gmtCreate":1650179874575,"gmtModify":1676534664717,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>Cheong!&nbsp;","listText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>Cheong!&nbsp;","text":"$ChargePoint Holdings Inc.(CHPT)$Cheong!","images":[{"img":"https://community-static.tradeup.com/news/ebf6d866953dfdb96c00ee931d4ced9e","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081989014","isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9038858940,"gmtCreate":1646795044381,"gmtModify":1676534163457,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!&nbsp;","listText":"Cheong!&nbsp;","text":"Cheong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038858940","repostId":"2218403389","repostType":4,"repost":{"id":"2218403389","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":1646780725,"share":"https://www.laohu8.com/m/news/2218403389?lang=&edition=full","pubTime":"2022-03-09 07:05","market":"us","language":"en","title":"US STOCKS-Wall St Ends down in Rocky Session as U.S. Bans Russian Oil Imports","url":"https://stock-news.laohu8.com/highlight/detail?id=2218403389","media":"Reuters","summary":"Major U.S. stock indexes ended lower in rocky trading on Tuesday, as investors weighed fast-paced developments around the crisis in Ukraine as the United States banned Russian oil and other energy imp","content":"<html><head></head><body><p>Major U.S. stock indexes ended lower in rocky trading on Tuesday, as investors weighed fast-paced developments around the crisis in Ukraine as the United States banned Russian oil and other energy imports over the invasion.</p><p>Losses accelerated into the end of Tuesday&#39;s up-and-down session, a day after steep declines that saw the tech-heavy Nasdaq confirm it was in a bear market. The benchmark S&amp;P 500 fell for a fourth straight session.</p><p>U.S. President Joe Biden announced the ban on Russian oil and other energy imports, underscoring strong bipartisan support for a move that he acknowledged would drive up U.S. energy prices, while Britain said it would phase out imports of Russian oil and oil products by the end of 2022.</p><p>&#34;I think it is just investors trying to probe whether it is worth buying the dips and we had a real big <a href=\"https://laohu8.com/S/AONE.U\">one</a> yesterday,&#34; said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. &#34;Anytime that the buying seems to get a little out of hand on the upside there seems to be willing sellers coming in.&#34;</p><p>“To me, it’s a trader’s market and people looking for very short-term momentum shifts to trade,” Carlson said.</p><p>The Dow Jones Industrial Average    fell 184.74 points, or 0.56%, to 32,632.64, the S&amp;P 500    lost 30.39 points, or 0.72%, to 4,170.7 and the Nasdaq Composite    dropped 35.41 points, or 0.28%, to 12,795.55.</p><p>Defensive sectors were the biggest decliners, with consumer staples falling 2.6%, healthcare dropping 2.1% and utilities down 1.6%.</p><p>Gains in megacap growth stocks, such as Tesla, <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> and Alphabet, helped mitigate losses for the S&amp;P 500.</p><p>The energy sector, a standout performer this year,  continued its charge higher, rising 1.4%.</p><p>Brent crude topped $130 per barrel along with other commodities, triggering alarm over surging inflation and the impact on global economic growth. U.S. gasoline prices hit a record on Tuesday.</p><p>&#34;There is just a lot of uncertainty right now of what the impact is going to be on the U.S. economy,&#34; said James Ragan, director of wealth management research at D.A. Davidson. &#34;I think we will see a little pullback in the U.S. consumer. Obviously, the gasoline prices are going to cause people to pause a little bit.&#34;</p><p>Ukraine&#39;s government accused Russian forces of shelling a humanitarian corridor that Moscow, which describes its actions as a &#34;special operation&#34;, had promised to open to let residents flee the besieged port of Mariupol.</p><p>Stocks have struggled as concerns about the Russia-Ukraine crisis have deepened a sell-off initially fueled by worries over higher bond yields as the Federal Reserve is expected to tighten monetary policy this year to fight inflation.</p><p>On Monday, the Nasdaq confirmed it was in a bear market, falling over 20% from its record high, while the Dow Jones Industrial Average confirmed it was in a correction as it closed more than 10% lower from its record peak.</p><p>In company news, shares of Caterpillar Inc jumped 6.8% after Jefferies upgraded the construction equipment maker&#39;s stock to &#34;buy&#34; from &#34;hold&#34; as a hedge against inflation and prospects of more investments.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.02-to-1 ratio; on Nasdaq, a 1.09-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 18 new 52-week highs and 78 new lows; the Nasdaq Composite recorded 34 new highs and 525 new lows.</p><p>About 19 billion shares changed hands in U.S. exchanges, the most in over a year, compared with the 13.4 billion daily average over the last 20 sessions.</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>US STOCKS-Wall St Ends down in Rocky Session as U.S. Bans Russian Oil Imports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Ends down in Rocky Session as U.S. Bans Russian Oil Imports\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\">2022-03-09 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Major U.S. stock indexes ended lower in rocky trading on Tuesday, as investors weighed fast-paced developments around the crisis in Ukraine as the United States banned Russian oil and other energy imports over the invasion.</p><p>Losses accelerated into the end of Tuesday&#39;s up-and-down session, a day after steep declines that saw the tech-heavy Nasdaq confirm it was in a bear market. The benchmark S&amp;P 500 fell for a fourth straight session.</p><p>U.S. President Joe Biden announced the ban on Russian oil and other energy imports, underscoring strong bipartisan support for a move that he acknowledged would drive up U.S. energy prices, while Britain said it would phase out imports of Russian oil and oil products by the end of 2022.</p><p>&#34;I think it is just investors trying to probe whether it is worth buying the dips and we had a real big <a href=\"https://laohu8.com/S/AONE.U\">one</a> yesterday,&#34; said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. &#34;Anytime that the buying seems to get a little out of hand on the upside there seems to be willing sellers coming in.&#34;</p><p>“To me, it’s a trader’s market and people looking for very short-term momentum shifts to trade,” Carlson said.</p><p>The Dow Jones Industrial Average    fell 184.74 points, or 0.56%, to 32,632.64, the S&amp;P 500    lost 30.39 points, or 0.72%, to 4,170.7 and the Nasdaq Composite    dropped 35.41 points, or 0.28%, to 12,795.55.</p><p>Defensive sectors were the biggest decliners, with consumer staples falling 2.6%, healthcare dropping 2.1% and utilities down 1.6%.</p><p>Gains in megacap growth stocks, such as Tesla, <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> and Alphabet, helped mitigate losses for the S&amp;P 500.</p><p>The energy sector, a standout performer this year,  continued its charge higher, rising 1.4%.</p><p>Brent crude topped $130 per barrel along with other commodities, triggering alarm over surging inflation and the impact on global economic growth. U.S. gasoline prices hit a record on Tuesday.</p><p>&#34;There is just a lot of uncertainty right now of what the impact is going to be on the U.S. economy,&#34; said James Ragan, director of wealth management research at D.A. Davidson. &#34;I think we will see a little pullback in the U.S. consumer. Obviously, the gasoline prices are going to cause people to pause a little bit.&#34;</p><p>Ukraine&#39;s government accused Russian forces of shelling a humanitarian corridor that Moscow, which describes its actions as a &#34;special operation&#34;, had promised to open to let residents flee the besieged port of Mariupol.</p><p>Stocks have struggled as concerns about the Russia-Ukraine crisis have deepened a sell-off initially fueled by worries over higher bond yields as the Federal Reserve is expected to tighten monetary policy this year to fight inflation.</p><p>On Monday, the Nasdaq confirmed it was in a bear market, falling over 20% from its record high, while the Dow Jones Industrial Average confirmed it was in a correction as it closed more than 10% lower from its record peak.</p><p>In company news, shares of Caterpillar Inc jumped 6.8% after Jefferies upgraded the construction equipment maker&#39;s stock to &#34;buy&#34; from &#34;hold&#34; as a hedge against inflation and prospects of more investments.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.02-to-1 ratio; on Nasdaq, a 1.09-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 18 new 52-week highs and 78 new lows; the Nasdaq Composite recorded 34 new highs and 525 new lows.</p><p>About 19 billion shares changed hands in U.S. exchanges, the most in over a year, compared with the 13.4 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","BK4566":"资本集团","BK4525":"远程办公概念","BK4553":"喜马拉雅资本持仓","BK4514":"搜索引擎","BK4548":"巴美列捷福持仓","BK4527":"明星科技股","GOOG":"谷歌","BK4507":"流媒体概念","BK4579":"人工智能","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4077":"互动媒体与服务"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2218403389","content_text":"Major U.S. stock indexes ended lower in rocky trading on Tuesday, as investors weighed fast-paced developments around the crisis in Ukraine as the United States banned Russian oil and other energy imports over the invasion.Losses accelerated into the end of Tuesday's up-and-down session, a day after steep declines that saw the tech-heavy Nasdaq confirm it was in a bear market. The benchmark S&P 500 fell for a fourth straight session.U.S. President Joe Biden announced the ban on Russian oil and other energy imports, underscoring strong bipartisan support for a move that he acknowledged would drive up U.S. energy prices, while Britain said it would phase out imports of Russian oil and oil products by the end of 2022.\"I think it is just investors trying to probe whether it is worth buying the dips and we had a real big one yesterday,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. \"Anytime that the buying seems to get a little out of hand on the upside there seems to be willing sellers coming in.\"“To me, it’s a trader’s market and people looking for very short-term momentum shifts to trade,” Carlson said.The Dow Jones Industrial Average    fell 184.74 points, or 0.56%, to 32,632.64, the S&P 500    lost 30.39 points, or 0.72%, to 4,170.7 and the Nasdaq Composite    dropped 35.41 points, or 0.28%, to 12,795.55.Defensive sectors were the biggest decliners, with consumer staples falling 2.6%, healthcare dropping 2.1% and utilities down 1.6%.Gains in megacap growth stocks, such as Tesla, Meta Platforms and Alphabet, helped mitigate losses for the S&P 500.The energy sector, a standout performer this year,  continued its charge higher, rising 1.4%.Brent crude topped $130 per barrel along with other commodities, triggering alarm over surging inflation and the impact on global economic growth. U.S. gasoline prices hit a record on Tuesday.\"There is just a lot of uncertainty right now of what the impact is going to be on the U.S. economy,\" said James Ragan, director of wealth management research at D.A. Davidson. \"I think we will see a little pullback in the U.S. consumer. Obviously, the gasoline prices are going to cause people to pause a little bit.\"Ukraine's government accused Russian forces of shelling a humanitarian corridor that Moscow, which describes its actions as a \"special operation\", had promised to open to let residents flee the besieged port of Mariupol.Stocks have struggled as concerns about the Russia-Ukraine crisis have deepened a sell-off initially fueled by worries over higher bond yields as the Federal Reserve is expected to tighten monetary policy this year to fight inflation.On Monday, the Nasdaq confirmed it was in a bear market, falling over 20% from its record high, while the Dow Jones Industrial Average confirmed it was in a correction as it closed more than 10% lower from its record peak.In company news, shares of Caterpillar Inc jumped 6.8% after Jefferies upgraded the construction equipment maker's stock to \"buy\" from \"hold\" as a hedge against inflation and prospects of more investments.Declining issues outnumbered advancing ones on the NYSE by a 1.02-to-1 ratio; on Nasdaq, a 1.09-to-1 ratio favored advancers.The S&P 500 posted 18 new 52-week highs and 78 new lows; the Nasdaq Composite recorded 34 new highs and 525 new lows.About 19 billion shares changed hands in U.S. exchanges, the most in over a year, compared with the 13.4 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9091980225,"gmtCreate":1643763518323,"gmtModify":1676533852382,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Chewing!&nbsp;","listText":"Chewing!&nbsp;","text":"Chewing!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091980225","repostId":"2208359771","repostType":4,"repost":{"id":"2208359771","pubTimestamp":1643759992,"share":"https://www.laohu8.com/m/news/2208359771?lang=&edition=full","pubTime":"2022-02-02 07:59","market":"us","language":"en","title":"Wall St Posts Gains after Choppy Session, Energy Index Hits New Peak","url":"https://stock-news.laohu8.com/highlight/detail?id=2208359771","media":"Reuters","summary":"* Exxon Mobil gains on strong results* UPS jumps on upbeat forecast* AT&T down on halving dividend* ","content":"<html><head></head><body><p>* Exxon Mobil gains on strong results</p><p>* UPS jumps on upbeat forecast</p><p>* AT&amp;T down on halving dividend</p><p>* Indexes rise: Dow 0.78%, S&amp;P 0.69%, Nasdaq 0.75%</p><p>All three Wall Street benchmarks advanced on Tuesday and the energy index closed at a record high, although seesaw trading reflected investor uncertainty about how to play the current market.</p><p>Recent sessions have been choppy, as the prospect of an aggressive rate-hike campaign by the U.S. Federal Reserve looms large and investors seek to position themselves accordingly - a task not made easy by lingering pandemic influences on the economy and geopolitical tension in Europe.</p><p>But despite losing 5.3% and 3.3% in January respectively, the S&amp;P 500 and the Dow have now recorded three straight days of gains, with the Nasdaq - which dropped 8.99% in the first month of 2022 - posting four positive sessions in the last five.</p><p>It did not look like that would happen earlier in the session, when all three benchmarks traded lower in the wake of data from the Labor Department and the ISM&#39;s purchasing managers&#39; index (PMI).</p><p>&#34;You&#39;re starting to see that there are a lot of investors who are concerned about valuations going forward, but there are others who are worried about growth, so it seems the wall of worry keeps on growing as the economy exits this pandemic,&#34; said Ed Moya, senior market analyst at OANDA.</p><p>Philadelphia Fed President Patrick Harker said on Tuesday it may be appropriate for the U.S. central bank to raise rates four times this year, while Atlanta Fed president Raphael Bostic said the Fed needs to act &#34;soon&#34; to control inflation expectations.</p><p>Traders are betting on five rate hikes this year, with some Wall Street analysts expecting seven hikes.</p><p>&#34;This will be the year when Fed will pull back support ... the markets will not be on steroids anymore and may go through a phase of detox,&#34; said Anu Gaggar, global investment strategist at Commonwealth Financial Network.</p><p>Geopolitical tensions added to market volatility, with Ukraine&#39;s president signing a decree to boost his armed forces by 100,000 troops over three years, as European leaders lined up to back him in a standoff with Russia and the United States demanded immediate Russian de-escalation.</p><p>The Dow Jones Industrial Average rose 273.38 points, or 0.78%, to 35,405.24, the S&amp;P 500 gained 30.99 points, or 0.69%, to 4,546.54 and the Nasdaq Composite added 106.12 points, or 0.75%, to 14,346.00.</p><p>Once again, energy led the major S&amp;P sectors, gaining 3.5% to close at a record high. The index is, by far, the best performer in 2022, up 23.2%, as U.S. crude hovers near a seven-year high.</p><p>Those strong energy prices helped Exxon Mobil Corp to post its biggest quarterly profit in seven years on Tuesday. Its stock jumped 6.4% as a result, to close above the $80-per-share mark for the first time since April 2019.</p><p>As of Tuesday, 184 S&amp;P 500 companies posted quarterly results, of which 78.8% reported earnings above analyst expectations, according to Refinitiv.</p><p>Google parent Alphabet Inc rose 1.7% ahead of quarterly results published after the bell. Amazon Inc and <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc are also on deck later this week.</p><p>Of those which reported earlier on Tuesday, United Parcel Service Inc jumped 14.1% - its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day gain in 18 months - after projecting 2022 revenue above market expectations.</p><p>AT&amp;T Inc dropped 4.2% after saying it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc and also cut its dividend by nearly half.</p><p>Volume on U.S. exchanges was 11.71 billion shares, compared with the 12.45 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 18 new 52-week highs and one new low; the Nasdaq Composite recorded 43 new highs and 18 new lows.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Posts Gains after Choppy Session, Energy Index Hits New Peak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St Posts Gains after Choppy Session, Energy Index Hits New Peak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-02 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-st-posts-213756846.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* Exxon Mobil gains on strong results* UPS jumps on upbeat forecast* AT&T down on halving dividend* Indexes rise: Dow 0.78%, S&P 0.69%, Nasdaq 0.75%All three Wall Street benchmarks advanced on Tuesday...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-st-posts-213756846.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","LHDX":"Lucira Health, Inc.","ONTF":"ON24, Inc.","BK4514":"搜索引擎","SANA":"Sana Biotechnology, Inc.","BK4201":"综合性石油与天然气企业","CGEM":"Cullinan Therapeutics","BK4516":"特朗普概念","BK4023":"应用软件","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓",".SPX":"S&P 500 Index","COMP":"Compass, Inc.","BK4553":"喜马拉雅资本持仓","APR":"Apria, Inc.","LABP":"Landos Biopharma, Inc.","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4139":"生物科技","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4007":"制药","BK4525":"远程办公概念","BK4196":"保健护理服务","SPY":"标普500ETF","BK4082":"医疗保健设备","BK4538":"云计算","BK4559":"巴菲特持仓","T":"美国电话电报","BK4527":"明星科技股","BK4077":"互动媒体与服务","XOM":"埃克森美孚","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","GOOG":"谷歌","BK4561":"索罗斯持仓","GOOGL":"谷歌A"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-st-posts-213756846.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2208359771","content_text":"* Exxon Mobil gains on strong results* UPS jumps on upbeat forecast* AT&T down on halving dividend* Indexes rise: Dow 0.78%, S&P 0.69%, Nasdaq 0.75%All three Wall Street benchmarks advanced on Tuesday and the energy index closed at a record high, although seesaw trading reflected investor uncertainty about how to play the current market.Recent sessions have been choppy, as the prospect of an aggressive rate-hike campaign by the U.S. Federal Reserve looms large and investors seek to position themselves accordingly - a task not made easy by lingering pandemic influences on the economy and geopolitical tension in Europe.But despite losing 5.3% and 3.3% in January respectively, the S&P 500 and the Dow have now recorded three straight days of gains, with the Nasdaq - which dropped 8.99% in the first month of 2022 - posting four positive sessions in the last five.It did not look like that would happen earlier in the session, when all three benchmarks traded lower in the wake of data from the Labor Department and the ISM's purchasing managers' index (PMI).\"You're starting to see that there are a lot of investors who are concerned about valuations going forward, but there are others who are worried about growth, so it seems the wall of worry keeps on growing as the economy exits this pandemic,\" said Ed Moya, senior market analyst at OANDA.Philadelphia Fed President Patrick Harker said on Tuesday it may be appropriate for the U.S. central bank to raise rates four times this year, while Atlanta Fed president Raphael Bostic said the Fed needs to act \"soon\" to control inflation expectations.Traders are betting on five rate hikes this year, with some Wall Street analysts expecting seven hikes.\"This will be the year when Fed will pull back support ... the markets will not be on steroids anymore and may go through a phase of detox,\" said Anu Gaggar, global investment strategist at Commonwealth Financial Network.Geopolitical tensions added to market volatility, with Ukraine's president signing a decree to boost his armed forces by 100,000 troops over three years, as European leaders lined up to back him in a standoff with Russia and the United States demanded immediate Russian de-escalation.The Dow Jones Industrial Average rose 273.38 points, or 0.78%, to 35,405.24, the S&P 500 gained 30.99 points, or 0.69%, to 4,546.54 and the Nasdaq Composite added 106.12 points, or 0.75%, to 14,346.00.Once again, energy led the major S&P sectors, gaining 3.5% to close at a record high. The index is, by far, the best performer in 2022, up 23.2%, as U.S. crude hovers near a seven-year high.Those strong energy prices helped Exxon Mobil Corp to post its biggest quarterly profit in seven years on Tuesday. Its stock jumped 6.4% as a result, to close above the $80-per-share mark for the first time since April 2019.As of Tuesday, 184 S&P 500 companies posted quarterly results, of which 78.8% reported earnings above analyst expectations, according to Refinitiv.Google parent Alphabet Inc rose 1.7% ahead of quarterly results published after the bell. Amazon Inc and Meta Platforms Inc are also on deck later this week.Of those which reported earlier on Tuesday, United Parcel Service Inc jumped 14.1% - its biggest one-day gain in 18 months - after projecting 2022 revenue above market expectations.AT&T Inc dropped 4.2% after saying it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc and also cut its dividend by nearly half.Volume on U.S. exchanges was 11.71 billion shares, compared with the 12.45 billion average for the full session over the last 20 trading days.The S&P 500 posted 18 new 52-week highs and one new low; the Nasdaq Composite recorded 43 new highs and 18 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882141009,"gmtCreate":1631669417201,"gmtModify":1676530604413,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheing&nbsp;","listText":"Cheing&nbsp;","text":"Cheing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882141009","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","pubTimestamp":1631660884,"share":"https://www.laohu8.com/m/news/1148341685?lang=&edition=full","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p>\n<p>So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p>\n<p>“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p>\n<p>The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p>\n<p>“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p>\n<p>The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p>\n<p>U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks close lower on worries over recovery, corporate tax hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817028718,"gmtCreate":1630892191334,"gmtModify":1676530413326,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong","listText":"Cheong","text":"Cheong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/817028718","repostId":"1126654067","repostType":4,"repost":{"id":"1126654067","pubTimestamp":1630885254,"share":"https://www.laohu8.com/m/news/1126654067?lang=&edition=full","pubTime":"2021-09-06 07:40","market":"us","language":"en","title":"Is the U.S. stock market open on Labor Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1126654067","media":"MarketWatch","summary":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be cl","content":"<p>It is unofficially summer’s last hurrah for Wall Street investors.</p>\n<p>U.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.</p>\n<p>On Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc.&nbsp;-owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average,&nbsp;S&amp;P 500&nbsp;or Nasdaq Composite indexes.</p>\n<p>The S&amp;P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite&nbsp;was on track to book its 35th&nbsp;all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.</p>\n<p>Sifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was&nbsp;yielding around 1.33%&nbsp;after the U.S. August jobs report came in weaker than expected.</p>\n<p>However, the&nbsp;Labor Department’s employment report,which showed that&nbsp;235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.</p>\n<p>Trading in most commodity futures, including Nymex crude-oil&nbsp;and Comex gold,on U.S. exchanges will also be halted Monday.</p>\n<p>Is there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?</p>\n<p>Probably not.</p>\n<p>But the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3f0f061a4ddd2ca31c53f8aa68e3cce\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>The S&amp;P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c780a46e32d055feb3e3f5e10fc987f\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>But if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s&nbsp;Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.</p>\n<p>It is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.</p>\n<p>Markets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100&nbsp;index and the pan-European Stoxx Europe 600&nbsp;will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng&nbsp;and the Shanghai Composite Index.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the U.S. stock market open on Labor Day?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the U.S. stock market open on Labor Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has ...</p>\n\n<a href=\"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","ICE":"洲际交易所",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126654067","content_text":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.\nOn Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc. -owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average, S&P 500 or Nasdaq Composite indexes.\nThe S&P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite was on track to book its 35th all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.\nSifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was yielding around 1.33% after the U.S. August jobs report came in weaker than expected.\nHowever, the Labor Department’s employment report,which showed that 235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.\nTrading in most commodity futures, including Nymex crude-oil and Comex gold,on U.S. exchanges will also be halted Monday.\nIs there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?\nProbably not.\nBut the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.\nDOW JONES MARKET DATA\nThe S&P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.\nDOW JONES MARKET DATA\nBut if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.\nIt is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.\nMarkets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100 index and the pan-European Stoxx Europe 600 will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng and the Shanghai Composite Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188721708,"gmtCreate":1623462729104,"gmtModify":1704204267400,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/188721708","repostId":"2142204074","repostType":4,"repost":{"id":"2142204074","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":1623441637,"share":"https://www.laohu8.com/m/news/2142204074?lang=&edition=full","pubTime":"2021-06-12 04:00","market":"us","language":"en","title":"S&P ekes out gains to close languid week","url":"https://stock-news.laohu8.com/highlight/detail?id=2142204074","media":"Reuters","summary":"NEW YORK, June 11  - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th","content":"<p>NEW YORK, June 11 (Reuters) - The S&amp;P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports&nbsp;notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&amp;P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector&nbsp;ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&amp;P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite&nbsp;added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</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>S&P ekes out gains to close languid week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P ekes out gains to close languid week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-12 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, June 11 (Reuters) - The S&amp;P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports&nbsp;notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&amp;P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector&nbsp;ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&amp;P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite&nbsp;added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SQQQ":"纳指三倍做空ETF","DJX":"1/100道琼斯","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF","DDM":"道指两倍做多ETF","DOG":"道指反向ETF","DXD":"道指两倍做空ETF","UPRO":"三倍做多标普500ETF","PSQ":"纳指反向ETF","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","SDOW":"道指三倍做空ETF-ProShares",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","OEX":"标普100",".SPX":"S&P 500 Index","TQQQ":"纳指三倍做多ETF","QLD":"纳指两倍做多ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","QQQ":"纳指100ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142204074","content_text":"NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.\nEconomically sensitive smallcaps and transports notched solid gains, outperforming the broader market.\nFor the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.\nBut the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.\n\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"\n\"So, investors are going to wait until earnings season.\"\nThe Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.\nInvestors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.\n\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.\nBenchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.\nThe Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's\nAlzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.\nBiogen shares, along with the broader healthcare sector ended the session lower.\nUnofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.\nAmong the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.\nMuch of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.\nBut meme stock moves were more muted on Friday, with AMC Entertainment outperforming.\n(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096139780,"gmtCreate":1644325873707,"gmtModify":1676533912738,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Leave comments!&nbsp;","listText":"Leave comments!&nbsp;","text":"Leave comments!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096139780","repostId":"1154831582","repostType":4,"repost":{"id":"1154831582","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":1644324883,"share":"https://www.laohu8.com/m/news/1154831582?lang=&edition=full","pubTime":"2022-02-08 20:54","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures Slipped 0.4%; Velodyne Lidar Surged 37%","url":"https://stock-news.laohu8.com/highlight/detail?id=1154831582","media":"Tiger Newspress","summary":"U.S. stock index futures slipped on Tuesday following disappointing quarterly updates from companies","content":"<html><head></head><body><p>U.S. stock index futures slipped on Tuesday following disappointing quarterly updates from companies including Pfizer and Coty, while investors looked ahead to inflation data later this week for clues on the path of interest rates. Facebook-owner <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> shares were down another 2% in premarket trading after billionaire investor Peter Thiel decided to step down from the company&#39;s board.</p><p><b>Market Snapshot</b></p><p>At 7:50 a.m. ET, Dow E-minis were flatted, S&amp;P 500 E-minis were down 9.25 points, or 0.21% and Nasdaq 100 E-minis were down 57.75 points, or 0.40%.</p><p><img src=\"https://static.tigerbbs.com/57567bf457cd38505ab60046c47873b8\" tg-width=\"1030\" tg-height=\"346\" referrerpolicy=\"no-referrer\"/><b>Pre-Market Movers</b></p><p><a href=\"https://laohu8.com/S/PTON\">Peloton</a> – Peloton CEO John Foleywill be stepping down. The fitness equipment maker will also slash about 2,800 jobs or about 20% of its corporate staff and also cut $800 million in annual costs. Foley’s replacement will be former Spotify and Netflix CFO Barry McCarthy. Peloton tumbled 8.4% in premarket trading.</p><p><a href=\"https://laohu8.com/S/NVAX\">Novavax</a> – Novavax sank 6.7% in the premarket after Reuters reported that the drugmaker has delivered only a small fraction of the 2 billion Covid-19 vaccine doses it had planned to send around the world.</p><p><a href=\"https://laohu8.com/S/PFE\">Pfizer</a> – Pfizer shares fell 3.8% in the premarket afterreporting a revenue missfor its latest quarter and issuing a weaker-than-expected full-year forecast. Pfizer reported better-than-expected earnings for the fourth quarter, however, and also raised its full-year forecast for sales of its Covid-19 vaccine.</p><p><a href=\"https://laohu8.com/S/HOG\">Harley-Davidson</a> – Harley shares surged 8.3% after the motorcycle maker reported an unexpected profit for its latest quarter as well as better-than-expected revenue. Harley earned 14 cents per share, compared to forecasts of a 38 cents per share loss, as demand jumped for its more expensive motorcycles.</p><p><a href=\"https://laohu8.com/S/CHGG\">Chegg</a> – Chegg rallied 5.8% in the premarket after the online education services company reported better-than-expected profit and revenue for its latest quarter. Chegg beat estimates by 4 cents a share, with quarterly profit of 38 cents per share. The company also issued a better-than-expected outlook.</p><p><a href=\"https://laohu8.com/S/CARR\">Carrier Global</a> – The maker of heating and cooling equipment beat estimates by 5 cents a share, with quarterly earnings of 44 cents per share. Revenue also topped Wall Street forecasts. Carrier stock added 1.3% in the premarket.</p><p><a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive</a> – The video game maker’s stock fell 2.1% in premarket trading after it issued a weaker-than-expected outlook. Take-Two also missed estimates for “net bookings” for its most recent quarter, representing sales of products and services digitally and in stores.</p><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> – Nvidia will not go ahead with its $66 billion purchase of Softbank’s chip designer Arm. The two companies said the deal – which would have been the largest chip industry deal ever –faced “significant regulatory challenges.”Softbank said it would now plan to take Arm public. Nvidia fell 2% in premarket action.</p><p><a href=\"https://laohu8.com/S/VLDR\">Velodyne Lidar</a> – Velodyne Lidar shares rocketed 38.5% in the premarket after the maker of sensors for autonomous driving said it would issue a warrant for anAmazon.com(AMZN) subsidiary to buy about 37 million shares.</p><p><a href=\"https://laohu8.com/S/GRUB\">Just Eat Takeaway</a> – Just Eat Takeaway will be delisting from the Nasdaq, with the Grubhub parent citing low Nasdaq trading volumes and a low proportion of the company’s share value held on Nasdaq. The meal delivery service’s stock will continue to trade on the Amsterdam and London stock exchanges. The stock fell 3.2% in premarket trading.</p><p><a href=\"https://laohu8.com/S/GES\">Guess</a> – Activist investor Legion Partners Asset Management is calling for the removal of Guess co-founders Paul and Maurice Marciano from the apparel maker’s board, according to a letter seen by The Wall Street Journal. The firm argues that sexual misconduct allegations against Paul Marciano are threatening the company’s turnaround efforts. Guess gained 1.4% in the premarket.</p><p><b>Market News</b></p><p>SoftBank Group Corp. said it planned an initial public offering for Arm Ltd. after <a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp.</a> abandoned a proposed acquisition of the chip designer in the face of fierce opposition from regulators and customers.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> received a warrant to purchase up to 39.6M of <a href=\"https://laohu8.com/S/VLDR\">Velodyne Lidar</a> &#39;s shares. The warrant may be any time before Feb. 4, 2030 at an exercise price of $4.18 per share.</p><p><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive Inc.</a> plans to replace its chief executive, cut costs and overhaul its board after a slowdown in demand caused the once-hot bike maker’s value to plummet.</p><p>Cathie Wood’s flagship ARK Innovation ETF dumped 3.66 million shares of <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> on Monday, while the ARK Next Generation Internet ETF sold more than 280,000 shares. That amounted to about $142 million based on Monday’s closing level.</p><p>California-based rocket startup <a href=\"https://laohu8.com/S/ASTR\">Astra Space Inc</a> aborted the planned liftoff of its first operational satellite launch, a NASA mission, on Monday.</p><p><a href=\"https://laohu8.com/S/NVAX\">Novavax Inc</a> said on Monday U.S. government funding for its COVID-19 vaccine had been expanded to cover a late-stage study in adolescents with a booster component.</p><p>Oil giant <a href=\"https://laohu8.com/S/BP\">BP</a> reported on Tuesday a profit of $12.8 billion in 2021, the highest in eight years, as natural gas and oil prices soared and the global economy recovered from the pandemic slump.</p><p>Meal-delivery firm <a href=\"https://laohu8.com/S/GRUB\">Just Eat Takeaway</a> on Tuesday said it would delist its shares from the Nasdaq stock exchange in a bid to limit costs and regulatory burdens.</p><p><a href=\"https://laohu8.com/S/FDX\">FedEx Corp</a> is in talks with <a href=\"https://laohu8.com/S/BA\">Boeing</a> and Airbus to buy next-generation freighters as e-commerce soars, but the delivery giant has postponed a buying decision amid ongoing labor talks with pilots.</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>Pre-Bell｜Nasdaq Futures Slipped 0.4%; Velodyne Lidar Surged 37%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜Nasdaq Futures Slipped 0.4%; Velodyne Lidar Surged 37%\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\">2022-02-08 20:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures slipped on Tuesday following disappointing quarterly updates from companies including Pfizer and Coty, while investors looked ahead to inflation data later this week for clues on the path of interest rates. Facebook-owner <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> shares were down another 2% in premarket trading after billionaire investor Peter Thiel decided to step down from the company&#39;s board.</p><p><b>Market Snapshot</b></p><p>At 7:50 a.m. ET, Dow E-minis were flatted, S&amp;P 500 E-minis were down 9.25 points, or 0.21% and Nasdaq 100 E-minis were down 57.75 points, or 0.40%.</p><p><img src=\"https://static.tigerbbs.com/57567bf457cd38505ab60046c47873b8\" tg-width=\"1030\" tg-height=\"346\" referrerpolicy=\"no-referrer\"/><b>Pre-Market Movers</b></p><p><a href=\"https://laohu8.com/S/PTON\">Peloton</a> – Peloton CEO John Foleywill be stepping down. The fitness equipment maker will also slash about 2,800 jobs or about 20% of its corporate staff and also cut $800 million in annual costs. Foley’s replacement will be former Spotify and Netflix CFO Barry McCarthy. Peloton tumbled 8.4% in premarket trading.</p><p><a href=\"https://laohu8.com/S/NVAX\">Novavax</a> – Novavax sank 6.7% in the premarket after Reuters reported that the drugmaker has delivered only a small fraction of the 2 billion Covid-19 vaccine doses it had planned to send around the world.</p><p><a href=\"https://laohu8.com/S/PFE\">Pfizer</a> – Pfizer shares fell 3.8% in the premarket afterreporting a revenue missfor its latest quarter and issuing a weaker-than-expected full-year forecast. Pfizer reported better-than-expected earnings for the fourth quarter, however, and also raised its full-year forecast for sales of its Covid-19 vaccine.</p><p><a href=\"https://laohu8.com/S/HOG\">Harley-Davidson</a> – Harley shares surged 8.3% after the motorcycle maker reported an unexpected profit for its latest quarter as well as better-than-expected revenue. Harley earned 14 cents per share, compared to forecasts of a 38 cents per share loss, as demand jumped for its more expensive motorcycles.</p><p><a href=\"https://laohu8.com/S/CHGG\">Chegg</a> – Chegg rallied 5.8% in the premarket after the online education services company reported better-than-expected profit and revenue for its latest quarter. Chegg beat estimates by 4 cents a share, with quarterly profit of 38 cents per share. The company also issued a better-than-expected outlook.</p><p><a href=\"https://laohu8.com/S/CARR\">Carrier Global</a> – The maker of heating and cooling equipment beat estimates by 5 cents a share, with quarterly earnings of 44 cents per share. Revenue also topped Wall Street forecasts. Carrier stock added 1.3% in the premarket.</p><p><a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive</a> – The video game maker’s stock fell 2.1% in premarket trading after it issued a weaker-than-expected outlook. Take-Two also missed estimates for “net bookings” for its most recent quarter, representing sales of products and services digitally and in stores.</p><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> – Nvidia will not go ahead with its $66 billion purchase of Softbank’s chip designer Arm. The two companies said the deal – which would have been the largest chip industry deal ever –faced “significant regulatory challenges.”Softbank said it would now plan to take Arm public. Nvidia fell 2% in premarket action.</p><p><a href=\"https://laohu8.com/S/VLDR\">Velodyne Lidar</a> – Velodyne Lidar shares rocketed 38.5% in the premarket after the maker of sensors for autonomous driving said it would issue a warrant for anAmazon.com(AMZN) subsidiary to buy about 37 million shares.</p><p><a href=\"https://laohu8.com/S/GRUB\">Just Eat Takeaway</a> – Just Eat Takeaway will be delisting from the Nasdaq, with the Grubhub parent citing low Nasdaq trading volumes and a low proportion of the company’s share value held on Nasdaq. The meal delivery service’s stock will continue to trade on the Amsterdam and London stock exchanges. The stock fell 3.2% in premarket trading.</p><p><a href=\"https://laohu8.com/S/GES\">Guess</a> – Activist investor Legion Partners Asset Management is calling for the removal of Guess co-founders Paul and Maurice Marciano from the apparel maker’s board, according to a letter seen by The Wall Street Journal. The firm argues that sexual misconduct allegations against Paul Marciano are threatening the company’s turnaround efforts. Guess gained 1.4% in the premarket.</p><p><b>Market News</b></p><p>SoftBank Group Corp. said it planned an initial public offering for Arm Ltd. after <a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp.</a> abandoned a proposed acquisition of the chip designer in the face of fierce opposition from regulators and customers.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a> received a warrant to purchase up to 39.6M of <a href=\"https://laohu8.com/S/VLDR\">Velodyne Lidar</a> &#39;s shares. The warrant may be any time before Feb. 4, 2030 at an exercise price of $4.18 per share.</p><p><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive Inc.</a> plans to replace its chief executive, cut costs and overhaul its board after a slowdown in demand caused the once-hot bike maker’s value to plummet.</p><p>Cathie Wood’s flagship ARK Innovation ETF dumped 3.66 million shares of <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> on Monday, while the ARK Next Generation Internet ETF sold more than 280,000 shares. That amounted to about $142 million based on Monday’s closing level.</p><p>California-based rocket startup <a href=\"https://laohu8.com/S/ASTR\">Astra Space Inc</a> aborted the planned liftoff of its first operational satellite launch, a NASA mission, on Monday.</p><p><a href=\"https://laohu8.com/S/NVAX\">Novavax Inc</a> said on Monday U.S. government funding for its COVID-19 vaccine had been expanded to cover a late-stage study in adolescents with a booster component.</p><p>Oil giant <a href=\"https://laohu8.com/S/BP\">BP</a> reported on Tuesday a profit of $12.8 billion in 2021, the highest in eight years, as natural gas and oil prices soared and the global economy recovered from the pandemic slump.</p><p>Meal-delivery firm <a href=\"https://laohu8.com/S/GRUB\">Just Eat Takeaway</a> on Tuesday said it would delist its shares from the Nasdaq stock exchange in a bid to limit costs and regulatory burdens.</p><p><a href=\"https://laohu8.com/S/FDX\">FedEx Corp</a> is in talks with <a href=\"https://laohu8.com/S/BA\">Boeing</a> and Airbus to buy next-generation freighters as e-commerce soars, but the delivery giant has postponed a buying decision amid ongoing labor talks with pilots.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154831582","content_text":"U.S. stock index futures slipped on Tuesday following disappointing quarterly updates from companies including Pfizer and Coty, while investors looked ahead to inflation data later this week for clues on the path of interest rates. Facebook-owner Meta Platforms shares were down another 2% in premarket trading after billionaire investor Peter Thiel decided to step down from the company's board.Market SnapshotAt 7:50 a.m. ET, Dow E-minis were flatted, S&P 500 E-minis were down 9.25 points, or 0.21% and Nasdaq 100 E-minis were down 57.75 points, or 0.40%.Pre-Market MoversPeloton – Peloton CEO John Foleywill be stepping down. The fitness equipment maker will also slash about 2,800 jobs or about 20% of its corporate staff and also cut $800 million in annual costs. Foley’s replacement will be former Spotify and Netflix CFO Barry McCarthy. Peloton tumbled 8.4% in premarket trading.Novavax – Novavax sank 6.7% in the premarket after Reuters reported that the drugmaker has delivered only a small fraction of the 2 billion Covid-19 vaccine doses it had planned to send around the world.Pfizer – Pfizer shares fell 3.8% in the premarket afterreporting a revenue missfor its latest quarter and issuing a weaker-than-expected full-year forecast. Pfizer reported better-than-expected earnings for the fourth quarter, however, and also raised its full-year forecast for sales of its Covid-19 vaccine.Harley-Davidson – Harley shares surged 8.3% after the motorcycle maker reported an unexpected profit for its latest quarter as well as better-than-expected revenue. Harley earned 14 cents per share, compared to forecasts of a 38 cents per share loss, as demand jumped for its more expensive motorcycles.Chegg – Chegg rallied 5.8% in the premarket after the online education services company reported better-than-expected profit and revenue for its latest quarter. Chegg beat estimates by 4 cents a share, with quarterly profit of 38 cents per share. The company also issued a better-than-expected outlook.Carrier Global – The maker of heating and cooling equipment beat estimates by 5 cents a share, with quarterly earnings of 44 cents per share. Revenue also topped Wall Street forecasts. Carrier stock added 1.3% in the premarket.Take-Two Interactive – The video game maker’s stock fell 2.1% in premarket trading after it issued a weaker-than-expected outlook. Take-Two also missed estimates for “net bookings” for its most recent quarter, representing sales of products and services digitally and in stores.Nvidia – Nvidia will not go ahead with its $66 billion purchase of Softbank’s chip designer Arm. The two companies said the deal – which would have been the largest chip industry deal ever –faced “significant regulatory challenges.”Softbank said it would now plan to take Arm public. Nvidia fell 2% in premarket action.Velodyne Lidar – Velodyne Lidar shares rocketed 38.5% in the premarket after the maker of sensors for autonomous driving said it would issue a warrant for anAmazon.com(AMZN) subsidiary to buy about 37 million shares.Just Eat Takeaway – Just Eat Takeaway will be delisting from the Nasdaq, with the Grubhub parent citing low Nasdaq trading volumes and a low proportion of the company’s share value held on Nasdaq. The meal delivery service’s stock will continue to trade on the Amsterdam and London stock exchanges. The stock fell 3.2% in premarket trading.Guess – Activist investor Legion Partners Asset Management is calling for the removal of Guess co-founders Paul and Maurice Marciano from the apparel maker’s board, according to a letter seen by The Wall Street Journal. The firm argues that sexual misconduct allegations against Paul Marciano are threatening the company’s turnaround efforts. Guess gained 1.4% in the premarket.Market NewsSoftBank Group Corp. said it planned an initial public offering for Arm Ltd. after Nvidia Corp. abandoned a proposed acquisition of the chip designer in the face of fierce opposition from regulators and customers.Amazon received a warrant to purchase up to 39.6M of Velodyne Lidar 's shares. The warrant may be any time before Feb. 4, 2030 at an exercise price of $4.18 per share.Peloton Interactive Inc. plans to replace its chief executive, cut costs and overhaul its board after a slowdown in demand caused the once-hot bike maker’s value to plummet.Cathie Wood’s flagship ARK Innovation ETF dumped 3.66 million shares of Twitter on Monday, while the ARK Next Generation Internet ETF sold more than 280,000 shares. That amounted to about $142 million based on Monday’s closing level.California-based rocket startup Astra Space Inc aborted the planned liftoff of its first operational satellite launch, a NASA mission, on Monday.Novavax Inc said on Monday U.S. government funding for its COVID-19 vaccine had been expanded to cover a late-stage study in adolescents with a booster component.Oil giant BP reported on Tuesday a profit of $12.8 billion in 2021, the highest in eight years, as natural gas and oil prices soared and the global economy recovered from the pandemic slump.Meal-delivery firm Just Eat Takeaway on Tuesday said it would delist its shares from the Nasdaq stock exchange in a bid to limit costs and regulatory burdens.FedEx Corp is in talks with Boeing and Airbus to buy next-generation freighters as e-commerce soars, but the delivery giant has postponed a buying decision amid ongoing labor talks with pilots.","news_type":1},"isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005373541,"gmtCreate":1642199616880,"gmtModify":1676533690693,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong!&nbsp;","listText":"Cheong!&nbsp;","text":"Cheong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005373541","repostId":"2203126977","repostType":4,"repost":{"id":"2203126977","pubTimestamp":1642174200,"share":"https://www.laohu8.com/m/news/2203126977?lang=&edition=full","pubTime":"2022-01-14 23:30","market":"us","language":"en","title":"Are Electric Vehicle Stocks Overhyped?","url":"https://stock-news.laohu8.com/highlight/detail?id=2203126977","media":"Motley Fool","summary":"The short answer: Almost definitely.","content":"<html><head></head><body><p>The excitement around electric vehicle stocks is palpable. From <b>Rivian</b> (NASDAQ:RIVN) at a $76 billion market cap with no revenue to <b>Tesla</b> (NASDAQ:TSLA) breaching a $1.1 trillion market cap when it was valued under $100 billion less than three years ago, many investors are bullish on the opportunity in electric vehicles.</p><p>And why wouldn&#39;t they be? The industry is growing quickly, up 26% year over year from 2020, and is going after a gigantic market opportunity in the worldwide car market. But just because these stocks are in a large, growing industry doesn&#39;t mean they will be great investments over the next decade. Just ask <b>Cisco Systems</b> investors who bought stock in 1999 and 2000.</p><p>Are electric vehicle stocks overhyped? Yes. Let me explain why.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/90344f91dac6378d78934846de60ce59\" tg-width=\"700\" tg-height=\"465\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>Growth is strong, and the market opportunity is massive</h2><p>To start out, let&#39;s give some context around the global opportunity in electric vehicles and the overall automotive industry. In 2021, it is estimated that 6.4 million electric vehicles (EVs) were sold around the world, of which 4 million of these were all-electric and 2.4 million plug-in hybrids. That total number is up 26% from 2020.</p><p>In 2022, analysts are actually expecting this growth to accelerate due to the number of models being available in the U.S. jumping from 62 to 100. If that is the case, global annual sales for electric vehicles should hit 10 million in the near future. For reference, 66 million total cars are estimated to have been sold around the world in 2021.</p><p>Those are all high-level numbers, but what about the financial opportunity? Assuming an average selling price of $25,000, 10 million EV sales would equate to $250 billion in annual sales. At 50 million EVs, which assumes they take over the majority of the auto market, that equates to $1.25 trillion in sales. Clearly, the opportunity is massive from a revenue standpoint.</p><h2>Margins will be low</h2><p>While the revenue opportunity for EVs is large, these manufacturing businesses also have low margins. For example, let&#39;s look at <b>Toyota </b>(NYSE:TM), the largest automaker in the world, with an estimated 8.5% market share in 2019. Over the last 12 months, the company has brought in $281 billion in revenue. On that revenue, only $31 billion turned into operating income, or an 11% operating margin.</p><p>Tesla, the biggest pure-play EV maker, is seeing just shy of 10% operating margins on $47 billion in revenue. Given the reduction in manufacturing complications of a battery pack versus an internal combustion engine, EV makers may achieve better operating margins than 11% at scale. But they still require bending metal to succeed, so the likelihood they will be much higher than 11% on average over the long term seems unlikely.</p><p>What&#39;s more, automotive businesses require tons of capital expenditures relative to their sales just to stay afloat. For example, Toyota spent almost $35 billion on capital investments over the last 12 months. Given its profit margins, that makes it very difficult for the company to return excess cash to shareholders -- which is the <i>only</i> driver of shareholder value in the long run. This is why Toyota&#39;s stock historically trades at a price-to-earnings (P/E) ratio at or around 10. And EV stocks will have a similar fate due to this capital intensity.</p><h2>Expectations are too high</h2><p>Let&#39;s move back to our revenue example. If annual EV sales reach $1.25 trillion and we assign a generous 15% operating margin across the industry, there will be $180 billion in annual operating income once EV sales hit 50 million a year. Remember, sales are currently at only 6.4 million, including plug-in hybrids, so this is a long way off. On that $180 billion in operating income, if you give it a 21% corporate tax rate, that is $142.2 billion in annual net income across the industry.</p><p>Put an average P/E of 10 (remember, this is typical for automotive companies because of the capital intensity) on the stocks, and you have $1.42 trillion in combined market value once EVs reach maturity. Looking at the five pure-play EV stocks right now, which are Tesla, Rivian, <b>Lucid Motors </b>(NASDAQ:LCID), <b>Nio </b>(NYSE:NIO), and <b>Xpeng </b>(NYSE:XPEV), their combined market caps are <i>currently</i> $1.34 trillion, or pretty darn close to what the whole industry will be worth at maturity with optimistic margin and growth assumptions.</p><p>And this doesn&#39;t include the legacy automakers like Toyota, <b>Ford Motor Company</b>, <b>GM</b>, and <b>Volkswagen</b>, which are all making major investments into EVs. Assuming none of these legacy manufacturers will at least capture some of the $1.42 trillion market value is naive, in my opinion.</p><p>Given all these numbers, it is clear that the electric vehicle market is overhyped. If you are invested in <a href=\"https://laohu8.com/S/AONE.U\">one</a> of these companies, or even a legacy automaker, you need to be confident in that specific company&#39;s ability to win market share and beat all these competitors. If that doesn&#39;t happen, it is likely your investment will go very poorly over the next decade.</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>Are Electric Vehicle Stocks Overhyped?</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\">\nAre Electric Vehicle Stocks Overhyped?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-14 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/14/are-electric-vehicle-stocks-overhyped-tesla/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The excitement around electric vehicle stocks is palpable. From Rivian (NASDAQ:RIVN) at a $76 billion market cap with no revenue to Tesla (NASDAQ:TSLA) breaching a $1.1 trillion market cap when it was...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/14/are-electric-vehicle-stocks-overhyped-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","BK4020":"通信设备","BK4527":"明星科技股","TM":"丰田汽车","BK4550":"红杉资本持仓","NIO":"蔚来","BK4526":"热门中概股","TSLA":"特斯拉","BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓","LCID":"Lucid Group Inc","BK4560":"网络安全概念","BK4525":"远程办公概念","BK4504":"桥水持仓","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","CSCO":"思科","XPEV":"小鹏汽车","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","BK4531":"中概回港概念","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4509":"腾讯概念"},"source_url":"https://www.fool.com/investing/2022/01/14/are-electric-vehicle-stocks-overhyped-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2203126977","content_text":"The excitement around electric vehicle stocks is palpable. From Rivian (NASDAQ:RIVN) at a $76 billion market cap with no revenue to Tesla (NASDAQ:TSLA) breaching a $1.1 trillion market cap when it was valued under $100 billion less than three years ago, many investors are bullish on the opportunity in electric vehicles.And why wouldn't they be? The industry is growing quickly, up 26% year over year from 2020, and is going after a gigantic market opportunity in the worldwide car market. But just because these stocks are in a large, growing industry doesn't mean they will be great investments over the next decade. Just ask Cisco Systems investors who bought stock in 1999 and 2000.Are electric vehicle stocks overhyped? Yes. Let me explain why.Image source: Getty Images.Growth is strong, and the market opportunity is massiveTo start out, let's give some context around the global opportunity in electric vehicles and the overall automotive industry. In 2021, it is estimated that 6.4 million electric vehicles (EVs) were sold around the world, of which 4 million of these were all-electric and 2.4 million plug-in hybrids. That total number is up 26% from 2020.In 2022, analysts are actually expecting this growth to accelerate due to the number of models being available in the U.S. jumping from 62 to 100. If that is the case, global annual sales for electric vehicles should hit 10 million in the near future. For reference, 66 million total cars are estimated to have been sold around the world in 2021.Those are all high-level numbers, but what about the financial opportunity? Assuming an average selling price of $25,000, 10 million EV sales would equate to $250 billion in annual sales. At 50 million EVs, which assumes they take over the majority of the auto market, that equates to $1.25 trillion in sales. Clearly, the opportunity is massive from a revenue standpoint.Margins will be lowWhile the revenue opportunity for EVs is large, these manufacturing businesses also have low margins. For example, let's look at Toyota (NYSE:TM), the largest automaker in the world, with an estimated 8.5% market share in 2019. Over the last 12 months, the company has brought in $281 billion in revenue. On that revenue, only $31 billion turned into operating income, or an 11% operating margin.Tesla, the biggest pure-play EV maker, is seeing just shy of 10% operating margins on $47 billion in revenue. Given the reduction in manufacturing complications of a battery pack versus an internal combustion engine, EV makers may achieve better operating margins than 11% at scale. But they still require bending metal to succeed, so the likelihood they will be much higher than 11% on average over the long term seems unlikely.What's more, automotive businesses require tons of capital expenditures relative to their sales just to stay afloat. For example, Toyota spent almost $35 billion on capital investments over the last 12 months. Given its profit margins, that makes it very difficult for the company to return excess cash to shareholders -- which is the only driver of shareholder value in the long run. This is why Toyota's stock historically trades at a price-to-earnings (P/E) ratio at or around 10. And EV stocks will have a similar fate due to this capital intensity.Expectations are too highLet's move back to our revenue example. If annual EV sales reach $1.25 trillion and we assign a generous 15% operating margin across the industry, there will be $180 billion in annual operating income once EV sales hit 50 million a year. Remember, sales are currently at only 6.4 million, including plug-in hybrids, so this is a long way off. On that $180 billion in operating income, if you give it a 21% corporate tax rate, that is $142.2 billion in annual net income across the industry.Put an average P/E of 10 (remember, this is typical for automotive companies because of the capital intensity) on the stocks, and you have $1.42 trillion in combined market value once EVs reach maturity. Looking at the five pure-play EV stocks right now, which are Tesla, Rivian, Lucid Motors (NASDAQ:LCID), Nio (NYSE:NIO), and Xpeng (NYSE:XPEV), their combined market caps are currently $1.34 trillion, or pretty darn close to what the whole industry will be worth at maturity with optimistic margin and growth assumptions.And this doesn't include the legacy automakers like Toyota, Ford Motor Company, GM, and Volkswagen, which are all making major investments into EVs. Assuming none of these legacy manufacturers will at least capture some of the $1.42 trillion market value is naive, in my opinion.Given all these numbers, it is clear that the electric vehicle market is overhyped. If you are invested in one of these companies, or even a legacy automaker, you need to be confident in that specific company's ability to win market share and beat all these competitors. If that doesn't happen, it is likely your investment will go very poorly over the next decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889677446,"gmtCreate":1631148492185,"gmtModify":1676530479618,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong","listText":"Cheong","text":"Cheong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/889677446","repostId":"2166392072","repostType":4,"repost":{"id":"2166392072","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":1631142328,"share":"https://www.laohu8.com/m/news/2166392072?lang=&edition=full","pubTime":"2021-09-09 07:05","market":"us","language":"en","title":"Wall Street ends lower, weighed down by Big Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2166392072","media":"Reuters","summary":"* U.S. Fed should trim pandemic stimulus - Bullard\n* Coinbase slumps after SEC threatens to sue\n* Pa","content":"<p>* U.S. Fed should trim pandemic stimulus - Bullard</p>\n<p>* Coinbase slumps after SEC threatens to sue</p>\n<p>* <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> falls after acquiring Japanese buy now, pay later firm</p>\n<p>* Indexes end: Dow -0.20%, S&amp;P 500 -0.13%, Nasdaq -0.57%</p>\n<p>Sept 8 (Reuters) - Wall Street ended lower on Wednesday, spooked by worries that the Delta coronavirus variant could blunt the economy's recovery and on uncertainty about when the Federal Reserve may pull back its accommodative policies.</p>\n<p>Apple and <a href=\"https://laohu8.com/S/FB\">Facebook</a> fell about 1% after helping push the Nasdaq to record highs in the previous session. The dips in those two Silicon Valley giants contributed more than any other companies to the S&amp;P 500's decline for the session.</p>\n<p>Investors have become more cautious following Friday's weak August payrolls data, while pressures from rising costs, despite the economy slowing, have increased concerns that the Fed could move sooner than expected to scale back massive monetary measures enacted last year to shield the economy from the coronavirus pandemic.</p>\n<p>The U.S. economy \"downshifted slightly\" in August as concerns grew over how the renewed surge of coronavirus cases would affect the economic recovery, the Fed said on Wednesday in its latest Beige Book compendium of anecdotal reports about the economy.</p>\n<p>The S&amp;P 500 has dipped less than 1% from its record closing high last Thursday, and it remains up 20% year to date, buoyed by the Fed's accommodative monetary policy.</p>\n<p>\"Investors are pulling petals from a daisy, saying, 'The economy will grow, the economy won't grow,'\" said Sam Stovall, chief investment strategist at CFRA. \"They can’t make up their minds, so they have not commitment to long-term positions.\"</p>\n<p>St. Louis Federal Reserve Bank President James Bullard told the Financial Times that the Fed should move forward with a plan to trim its pandemic stimulus program despite a slowdown in job growth.</p>\n<p>Six of the 11 S&amp;P 500 sector indexes fell, with materials&nbsp;and energy the deepest decliners, down over 1% each.</p>\n<p>The Dow Jones Industrial Average fell 0.2% to end at 35,031.07 points, while the S&amp;P 500 lost 0.13% to 4,514.07.</p>\n<p>The Nasdaq Composite dropped 0.57% to 15,286.64.</p>\n<p>Perrigo Company Plc jumped 9% after the drugmaker said it plans to buy HRA Pharma from investment firms Astorg and Goldman Sachs Asset Management in a deal valued at 1.8 billion euros ($2.13 billion).</p>\n<p>Cryptocurrency exchange Coinbase Global Inc fell 3.2% after the U.S. securities regulator threatened to sue the firm if it goes ahead with plans to launch a crypto lending scheme.</p>\n<p>U.S. payments giant PayPal Holdings Inc declined 2.7% after it said it would acquire Japanese buy now, pay later firm Paidy in a $2.7 billion largely cash deal.</p>\n<p>Volume on U.S. exchanges was 9.5 billion shares, compared with the 9.1 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.71-to-1 ratio; on Nasdaq, a 2.18-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 32 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 55 new highs and 41 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends lower, weighed down by Big Tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends lower, weighed down by Big Tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-09 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* U.S. Fed should trim pandemic stimulus - Bullard</p>\n<p>* Coinbase slumps after SEC threatens to sue</p>\n<p>* <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> falls after acquiring Japanese buy now, pay later firm</p>\n<p>* Indexes end: Dow -0.20%, S&amp;P 500 -0.13%, Nasdaq -0.57%</p>\n<p>Sept 8 (Reuters) - Wall Street ended lower on Wednesday, spooked by worries that the Delta coronavirus variant could blunt the economy's recovery and on uncertainty about when the Federal Reserve may pull back its accommodative policies.</p>\n<p>Apple and <a href=\"https://laohu8.com/S/FB\">Facebook</a> fell about 1% after helping push the Nasdaq to record highs in the previous session. The dips in those two Silicon Valley giants contributed more than any other companies to the S&amp;P 500's decline for the session.</p>\n<p>Investors have become more cautious following Friday's weak August payrolls data, while pressures from rising costs, despite the economy slowing, have increased concerns that the Fed could move sooner than expected to scale back massive monetary measures enacted last year to shield the economy from the coronavirus pandemic.</p>\n<p>The U.S. economy \"downshifted slightly\" in August as concerns grew over how the renewed surge of coronavirus cases would affect the economic recovery, the Fed said on Wednesday in its latest Beige Book compendium of anecdotal reports about the economy.</p>\n<p>The S&amp;P 500 has dipped less than 1% from its record closing high last Thursday, and it remains up 20% year to date, buoyed by the Fed's accommodative monetary policy.</p>\n<p>\"Investors are pulling petals from a daisy, saying, 'The economy will grow, the economy won't grow,'\" said Sam Stovall, chief investment strategist at CFRA. \"They can’t make up their minds, so they have not commitment to long-term positions.\"</p>\n<p>St. Louis Federal Reserve Bank President James Bullard told the Financial Times that the Fed should move forward with a plan to trim its pandemic stimulus program despite a slowdown in job growth.</p>\n<p>Six of the 11 S&amp;P 500 sector indexes fell, with materials&nbsp;and energy the deepest decliners, down over 1% each.</p>\n<p>The Dow Jones Industrial Average fell 0.2% to end at 35,031.07 points, while the S&amp;P 500 lost 0.13% to 4,514.07.</p>\n<p>The Nasdaq Composite dropped 0.57% to 15,286.64.</p>\n<p>Perrigo Company Plc jumped 9% after the drugmaker said it plans to buy HRA Pharma from investment firms Astorg and Goldman Sachs Asset Management in a deal valued at 1.8 billion euros ($2.13 billion).</p>\n<p>Cryptocurrency exchange Coinbase Global Inc fell 3.2% after the U.S. securities regulator threatened to sue the firm if it goes ahead with plans to launch a crypto lending scheme.</p>\n<p>U.S. payments giant PayPal Holdings Inc declined 2.7% after it said it would acquire Japanese buy now, pay later firm Paidy in a $2.7 billion largely cash deal.</p>\n<p>Volume on U.S. exchanges was 9.5 billion shares, compared with the 9.1 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.71-to-1 ratio; on Nasdaq, a 2.18-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 32 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 55 new highs and 41 new lows.</p>\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","DJX":"1/100道琼斯","DOG":"道指反向ETF","DXD":"道指两倍做空ETF","AAPL":"苹果","IVV":"标普500指数ETF","UDOW":"道指三倍做多ETF-ProShares","PSQ":"纳指反向ETF","UPRO":"三倍做多标普500ETF","QID":"纳指两倍做空ETF","SDOW":"道指三倍做空ETF-ProShares","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","TQQQ":"纳指三倍做多ETF","QLD":"纳指两倍做多ETF","SH":"标普500反向ETF",".DJI":"道琼斯","SSO":"两倍做多标普500ETF","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","PYPL":"PayPal","COIN":"Coinbase Global, Inc.","OEX":"标普100",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","SPXU":"三倍做空标普500ETF","DDM":"道指两倍做多ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166392072","content_text":"* U.S. Fed should trim pandemic stimulus - Bullard\n* Coinbase slumps after SEC threatens to sue\n* PayPal falls after acquiring Japanese buy now, pay later firm\n* Indexes end: Dow -0.20%, S&P 500 -0.13%, Nasdaq -0.57%\nSept 8 (Reuters) - Wall Street ended lower on Wednesday, spooked by worries that the Delta coronavirus variant could blunt the economy's recovery and on uncertainty about when the Federal Reserve may pull back its accommodative policies.\nApple and Facebook fell about 1% after helping push the Nasdaq to record highs in the previous session. The dips in those two Silicon Valley giants contributed more than any other companies to the S&P 500's decline for the session.\nInvestors have become more cautious following Friday's weak August payrolls data, while pressures from rising costs, despite the economy slowing, have increased concerns that the Fed could move sooner than expected to scale back massive monetary measures enacted last year to shield the economy from the coronavirus pandemic.\nThe U.S. economy \"downshifted slightly\" in August as concerns grew over how the renewed surge of coronavirus cases would affect the economic recovery, the Fed said on Wednesday in its latest Beige Book compendium of anecdotal reports about the economy.\nThe S&P 500 has dipped less than 1% from its record closing high last Thursday, and it remains up 20% year to date, buoyed by the Fed's accommodative monetary policy.\n\"Investors are pulling petals from a daisy, saying, 'The economy will grow, the economy won't grow,'\" said Sam Stovall, chief investment strategist at CFRA. \"They can’t make up their minds, so they have not commitment to long-term positions.\"\nSt. Louis Federal Reserve Bank President James Bullard told the Financial Times that the Fed should move forward with a plan to trim its pandemic stimulus program despite a slowdown in job growth.\nSix of the 11 S&P 500 sector indexes fell, with materials and energy the deepest decliners, down over 1% each.\nThe Dow Jones Industrial Average fell 0.2% to end at 35,031.07 points, while the S&P 500 lost 0.13% to 4,514.07.\nThe Nasdaq Composite dropped 0.57% to 15,286.64.\nPerrigo Company Plc jumped 9% after the drugmaker said it plans to buy HRA Pharma from investment firms Astorg and Goldman Sachs Asset Management in a deal valued at 1.8 billion euros ($2.13 billion).\nCryptocurrency exchange Coinbase Global Inc fell 3.2% after the U.S. securities regulator threatened to sue the firm if it goes ahead with plans to launch a crypto lending scheme.\nU.S. payments giant PayPal Holdings Inc declined 2.7% after it said it would acquire Japanese buy now, pay later firm Paidy in a $2.7 billion largely cash deal.\nVolume on U.S. exchanges was 9.5 billion shares, compared with the 9.1 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.71-to-1 ratio; on Nasdaq, a 2.18-to-1 ratio favored decliners.\nThe S&P 500 posted 32 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 55 new highs and 41 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816053020,"gmtCreate":1630456918360,"gmtModify":1676530307263,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong&nbsp;","listText":"Cheong&nbsp;","text":"Cheong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/816053020","repostId":"2164869989","repostType":4,"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177717938,"gmtCreate":1627261687424,"gmtModify":1703486148337,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong","listText":"Cheong","text":"Cheong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/177717938","repostId":"1100772026","repostType":4,"repost":{"id":"1100772026","pubTimestamp":1627254622,"share":"https://www.laohu8.com/m/news/1100772026?lang=&edition=full","pubTime":"2021-07-26 07:10","market":"us","language":"en","title":"Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1100772026","media":"Barrons","summary":"It’s the busiest week of second-quarter earnings season. About $one$ third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, $Visa$, $AMD$, UPS, General Electric, $3M$, and Starbucks headline a 42-report day.$Facebook$, Shopify, Boeing, Ford Motor, $PayPal$ Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday.","content":"<p>It’s the busiest week of second-quarter earnings season. About <a href=\"https://laohu8.com/S/AONE.U\">one</a> third of S&amp;P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, <a href=\"https://laohu8.com/S/V\">Visa</a>, <a href=\"https://laohu8.com/S/AMD\">AMD</a>, UPS, General Electric, <a href=\"https://laohu8.com/S/MMM\">3M</a>, and Starbucks headline a 42-report day.</p>\n<p><a href=\"https://laohu8.com/S/FB\">Facebook</a>, Shopify, Boeing, Ford Motor, <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday. Finally, Exxon Mobil, Caterpillar, <a href=\"https://laohu8.com/S/CHTR\">Charter Communications</a>, Chevron, and Procter &amp; Gamble close the week on Friday.</p>\n<p><img src=\"https://static.tigerbbs.com/4564430f7fe9649d97a7a105615955e5\" tg-width=\"1562\" tg-height=\"676\" referrerpolicy=\"no-referrer\">There will be plenty of action on the economic calendar this week too. The Federal Reserve’s policy committee wraps up a two-day meeting on Wednesday. A change in interest rates is off the table, but officials could reveal more information about their timeline for reducing bond purchases. Fed Chair Jerome Powell’s post-meeting press conference will be must-watch viewing.</p>\n<p>On Thursday, the Bureau of Economic Analysis publishes its first official estimate of second-quarter U.S. gross domestic product. Economists are expecting a white-hot 9.1% seasonally adjusted annual growth rate, up from 6.4% in the first quarter.</p>\n<p>Other data out this week include the Conference Board’s Consumer Confidence Index for July and the Commerce Department’s durable goods orders for June, both on Tuesday. The latter is often viewed as a decent proxy for business investment.</p>\n<p>Monday 7/26</p>\n<p>Cadence Design Systems, Hasbro, Lockheed Martin, Otis Worldwide, and Tesla report quarterly results.</p>\n<p>The Census Bureau reports new single-family home sales for June. Economists forecast a seasonally adjusted annual rate of 800,000 new homes sold, 4% more than May’s 769,000.</p>\n<p>Tuesday 7/27</p>\n<p>It’s a big day for megacap tech earnings. Alphabet, Apple, and Microsoft will release quarterly results. The three companies are among the five largest globally by market value, worth a combined $6.4 trillion.</p>\n<p>3M, Advanced Micro Devices, Chubb, Ecolab, General Electric, Invesco, Mondelez International, MSCI, Raytheon Technologies, Starbucks, United Parcel Service, and Visa announce earnings.</p>\n<p>The Conference Board releases its Consumer Confidence Index for July. Consensus estimate is for a 124 reading, lower than June’s 127.3. The June figure was the highest for the index since the beginning of the pandemic.</p>\n<p>S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> releases its Case-Shiller National Home Price Index for May. Expectations are for a 16.4% year-over-year rise, after a 14.6% jump in April. The April spike was a record for the index going back to 1988, when data were first collected.</p>\n<p>Wednesday 7/28</p>\n<p>Automatic Data Processing, Boeing, Bristol Myers Squibb, Facebook, Ford Motor, Generac Holdings, McDonald’s, Moody’s, Norfolk Southern, PayPal Holdings, Pfizer, Qualcomm, Shopify, and Thermo Fisher Scientific release quarterly results.</p>\n<p>The Federal Open Market Committee announces its monetary-policy decision. The FOMC is expected to leave the federal-funds rate unchanged near zero. Wall Street expects the central bank to announce a timeline for reducing its bond purchases, currently about $120 billion a month, at some time between now and the September meeting.</p>\n<p>Thursday 7/29</p>\n<p>Altria Group, Amazon.com, Comcast, Hershey, Hilton Worldwide Holdings, Mastercard, Merck, Molson Coors Beverage, Northrop Grumman, and T-Mobile US hold conference calls to discuss earnings.</p>\n<p>Robinhood Markets, the zero-commission investment app, is expected to begin trading on the Nasdaq exchange under the ticker HOOD. Robinhood plans to offer 55 million shares at $38 to $42 a share, which would value the company at roughly $35 billion.</p>\n<p>The Bureau of Economic Analysis reports its preliminary estimate of second-quarter gross domestic product. Economists forecast a 9.1% seasonally adjusted annual growth rate, following a 6.4% increase in the first quarter. The Federal Reserve currently projects 7% GDP growth for 2021, which would be the fastest rate of growth since 1984.</p>\n<p>Friday 7/30</p>\n<p>AbbVie, Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Exxon Mobil, Procter &amp; Gamble, and Weyerhaeuser report quarterly results.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 07:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s the busiest week of second-quarter earnings season. About one third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed ...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","AAPL":"苹果","TSLA":"特斯拉","BA":"波音","SHOP":"Shopify Inc","FORD":"福沃德工业","AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100772026","content_text":"It’s the busiest week of second-quarter earnings season. About one third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, Visa, AMD, UPS, General Electric, 3M, and Starbucks headline a 42-report day.\nFacebook, Shopify, Boeing, Ford Motor, PayPal Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday. Finally, Exxon Mobil, Caterpillar, Charter Communications, Chevron, and Procter & Gamble close the week on Friday.\nThere will be plenty of action on the economic calendar this week too. The Federal Reserve’s policy committee wraps up a two-day meeting on Wednesday. A change in interest rates is off the table, but officials could reveal more information about their timeline for reducing bond purchases. Fed Chair Jerome Powell’s post-meeting press conference will be must-watch viewing.\nOn Thursday, the Bureau of Economic Analysis publishes its first official estimate of second-quarter U.S. gross domestic product. Economists are expecting a white-hot 9.1% seasonally adjusted annual growth rate, up from 6.4% in the first quarter.\nOther data out this week include the Conference Board’s Consumer Confidence Index for July and the Commerce Department’s durable goods orders for June, both on Tuesday. The latter is often viewed as a decent proxy for business investment.\nMonday 7/26\nCadence Design Systems, Hasbro, Lockheed Martin, Otis Worldwide, and Tesla report quarterly results.\nThe Census Bureau reports new single-family home sales for June. Economists forecast a seasonally adjusted annual rate of 800,000 new homes sold, 4% more than May’s 769,000.\nTuesday 7/27\nIt’s a big day for megacap tech earnings. Alphabet, Apple, and Microsoft will release quarterly results. The three companies are among the five largest globally by market value, worth a combined $6.4 trillion.\n3M, Advanced Micro Devices, Chubb, Ecolab, General Electric, Invesco, Mondelez International, MSCI, Raytheon Technologies, Starbucks, United Parcel Service, and Visa announce earnings.\nThe Conference Board releases its Consumer Confidence Index for July. Consensus estimate is for a 124 reading, lower than June’s 127.3. The June figure was the highest for the index since the beginning of the pandemic.\nS&P CoreLogic releases its Case-Shiller National Home Price Index for May. Expectations are for a 16.4% year-over-year rise, after a 14.6% jump in April. The April spike was a record for the index going back to 1988, when data were first collected.\nWednesday 7/28\nAutomatic Data Processing, Boeing, Bristol Myers Squibb, Facebook, Ford Motor, Generac Holdings, McDonald’s, Moody’s, Norfolk Southern, PayPal Holdings, Pfizer, Qualcomm, Shopify, and Thermo Fisher Scientific release quarterly results.\nThe Federal Open Market Committee announces its monetary-policy decision. The FOMC is expected to leave the federal-funds rate unchanged near zero. Wall Street expects the central bank to announce a timeline for reducing its bond purchases, currently about $120 billion a month, at some time between now and the September meeting.\nThursday 7/29\nAltria Group, Amazon.com, Comcast, Hershey, Hilton Worldwide Holdings, Mastercard, Merck, Molson Coors Beverage, Northrop Grumman, and T-Mobile US hold conference calls to discuss earnings.\nRobinhood Markets, the zero-commission investment app, is expected to begin trading on the Nasdaq exchange under the ticker HOOD. Robinhood plans to offer 55 million shares at $38 to $42 a share, which would value the company at roughly $35 billion.\nThe Bureau of Economic Analysis reports its preliminary estimate of second-quarter gross domestic product. Economists forecast a 9.1% seasonally adjusted annual growth rate, following a 6.4% increase in the first quarter. The Federal Reserve currently projects 7% GDP growth for 2021, which would be the fastest rate of growth since 1984.\nFriday 7/30\nAbbVie, Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Exxon Mobil, Procter & Gamble, and Weyerhaeuser report quarterly results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143676558,"gmtCreate":1625794114574,"gmtModify":1703748641125,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Cheong","listText":"Cheong","text":"Cheong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143676558","repostId":"1195657546","repostType":4,"repost":{"id":"1195657546","pubTimestamp":1625785913,"share":"https://www.laohu8.com/m/news/1195657546?lang=&edition=full","pubTime":"2021-07-09 07:11","market":"hk","language":"en","title":"Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more","url":"https://stock-news.laohu8.com/highlight/detail?id=1195657546","media":"CNBC","summary":"Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strau","content":"<div>\n<p>Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strauss added 3.2% after the retailer crushed Wall Street expectations in itsfiscal second-quarter ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 07:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strauss added 3.2% after the retailer crushed Wall Street expectations in itsfiscal second-quarter ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BGC":"BGC GROUP","ACCD":"Accolade, Inc.","GM":"通用汽车"},"source_url":"https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1195657546","content_text":"Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strauss added 3.2% after the retailer crushed Wall Street expectations in itsfiscal second-quarter results. Levi reported adjusted earnings of 23 cents per share on revenue of $1.28 billion. Analysts expected earnings of 9 cents per share on revenue of $1.21 billion, according to Refinitiv.\nGeneral Motors— General Motors shares gained 1.3% after Wedbush initiated coverage of the stock with an outperform rating and $85 price target. That target implies an upside of more than 51% from Thursday's close. \"CEO Mary Barra along with other key executives has led the legacy auto company back to the top of the auto industry in the United States,\" Wedbush's Dan Ives said in a note.\nPriceSmart— Shares of PriceSmart rose 2.4% in thin trading on the back of the warehouse club operator’s third-quarter earnings report. PriceSmart posted earnings of 73 cents per share, compared with a FactSet estimate of 65 cents per share expectation.\nAccolade— Accolade shares added 1.2% in low-volume trading following after the company released its latest quarterly numbers. The health-care technology company reported revenue of of $59.5 million versus analysts’ $55.8 million estimate, according to FactSet. Accolade also posted a smaller-than-expected EBITDA loss.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162731716,"gmtCreate":1624075167835,"gmtModify":1703828304810,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like and comment.&nbsp;","listText":"Pls like and comment.&nbsp;","text":"Pls like and comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/162731716","repostId":"1156696708","repostType":4,"repost":{"id":"1156696708","pubTimestamp":1624063306,"share":"https://www.laohu8.com/m/news/1156696708?lang=&edition=full","pubTime":"2021-06-19 08:41","market":"us","language":"en","title":"Dow falls more than 500 points to close out its worst week since October","url":"https://stock-news.laohu8.com/highlight/detail?id=1156696708","media":"cnbc","summary":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since Octob","content":"<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow falls more than 500 points to close out its worst week since October</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\">\nDow falls more than 500 points to close out its worst week since October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156696708","content_text":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-chip average dropped 533.37 points, or 1.6%, to 33,290.08. TheS&P 500slid 1.3% to 4,166.45. Both the Dow and S&P 500 hit their session lows in the final minutes of trading and closed around those levels. TheNasdaq Compositeclosed 0.9% lower at 14,030.38. Economic comeback plays led the market losses.\nFor the week, the 30-stock Dow lost 3.5%. The S&P 500 and Nasdaq were down by 1.9% and 0.2%, respectively, week to date.\nSt. Louis Federal Reserve President Jim Bullardtold CNBC's \"Squawk Box\"on Friday it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022. His comments came after the Fed on Wednesday added two rate hikes to its 2023 forecast and increased its inflation projection for the year, putting pressure on stock prices.\n\"The fear held by some investors is that if the Fed tightens policy sooner than expected to help cool inflationary pressures, this could weigh on future economic growth,\" Truist Advisory Services chief market strategist Keith Lerner said in a note. To be sure, he added it would be premature to give up on the so-called value trade right now.\nPockets of the market most sensitive to the economic rebound led the sell-off this week. The S&P 500 energy sector and industrials dropped 5.2% and 3.8%, respectively, for the week. Financials and materials meanwhile, lost more than 6% each. These groups had been market leaders this year on the back of the economic reopening.\nThe decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve. This means the yields of shorter-duration Treasurys — like the 2-year note — rose while longer-duration yields like the benchmark 10-year declined. The retreat in long-dated bond yields reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThis phenomenon hurt bank stocks particularly as their earnings could take a hit when the spread between short-term and long-term rates narrows. Bank of America and JPMorgan Chase shares on Friday lost more than 2% each. Citigroup fell by 1.8%, posting its 12th straight daily decline.\nFed Chairman Jerome Powell said Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\n\"This week's first whiff of an eventual change in Fed policy was a reminder that emergency monetary conditions and the free-money era will ultimately end,\" strategists at MRB Partners wrote in a note. \"We expect a series of incremental retreats from the Fed's benign inflation outlook in the coming months.\"\nCommodity prices were underpressure this weekas China attempted to cool rising prices and as the U.S. dollar strengthens. Copper, gold and platinum fell once again on Friday.\nFriday also coincided with the quarterly \"quadruple witching\" in which options and futures on indexes and equities expire. This event may have contributed to more volatile trading during the session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189741995,"gmtCreate":1623290746617,"gmtModify":1704200184270,"author":{"id":"3576973418636801","authorId":"3576973418636801","name":"BBBSIN","avatar":"https://static.tigerbbs.com/768828c81af5c2df7cda666c27aebbd6","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/189741995","repostId":"1105615437","repostType":4,"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}