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TeflonTusk

TeflonTusk

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2021-05-03

Haisass

2021-04-27

Good ah

2021-04-27

Lol the results were not disappointing. What is the writer on about? Did he even analyse the financial report???

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2021-04-25

Hjhjn

2021-04-25

$TAL Education Group(TAL)$ahhh

2021-04-24

Bad

U.S. Business Output Expands Most on Record, IHS Markit Says

2021-04-24

Why

Alibaba Stock Could Rise 50% After the Regulatory Fine

2021-04-24

Good ah

2021-04-24

No good

Two traders pick their FAANG favorites ahead of earnings next week

2021-04-24

Notrch bad

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2021-04-24

Tess cury

2021-04-23

$TAL Education Group(TAL)$Good

2021-04-22

$TAL Education Group(TAL)$Huat ah

2021-04-22

Huat ah

2021-04-21

Lolol

The False Narratives Surrounding AMC Entertainment

2021-04-21

Hujhh

Sorry, the original content has been removed

2021-04-21

Good ah

2021-04-19

Lousy ah

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2021-04-19

No good

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2021-04-19

Like shit ah

Go to Tiger App to see more news

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What is the writer on about? Did he even analyse the financial report???","listText":"Lol the results were not disappointing. What is the writer on about? Did he even analyse the financial report???","text":"Lol the results were not disappointing. What is the writer on about? Did he even analyse the financial report???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377872198","repostId":"1152045902","repostType":4,"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375639917,"gmtCreate":1619330292039,"gmtModify":1704722559197,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Hjhjn","listText":"Hjhjn","text":"Hjhjn","images":[{"img":"https://static.tigerbbs.com/996d2e5cca053bd3dda9dfb9d8d6c3d5","width":"750","height":"1654"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375639917","isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":375630011,"gmtCreate":1619330228833,"gmtModify":1704722559685,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>ahhh","listText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>ahhh","text":"$TAL Education Group(TAL)$ahhh","images":[{"img":"https://static.tigerbbs.com/9241261e0f0f77d1b3f87712dd847995","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375630011","isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":375997144,"gmtCreate":1619273044588,"gmtModify":1704722021295,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Bad&nbsp;","listText":"Bad&nbsp;","text":"Bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375997144","repostId":"1197391893","repostType":4,"repost":{"id":"1197391893","pubTimestamp":1619185816,"share":"https://ttm.financial/m/news/1197391893?lang=&edition=fundamental","pubTime":"2021-04-23 21:50","market":"us","language":"en","title":"U.S. Business Output Expands Most on Record, IHS Markit Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1197391893","media":"Bloomberg","summary":"Composite prices-received measure highest in data to 2009\nGauge of manufacturing orders second-stron","content":"<ul>\n <li>Composite prices-received measure highest in data to 2009</li>\n <li>Gauge of manufacturing orders second-strongest on record</li>\n</ul>\n<p>A gauge of output at U.S. manufacturers and service providers reached a record high in April, adding to evidence of stronger demand that’s fueling inflationary pressures.</p>\n<p>The IHS Markit flash composite index of purchasing managers at manufacturers and service providers increased to 62.2, the highest in data back to 2009, from 59.7 a month earlier, the group reported Friday. Readings above 50 indicate growth.</p>\n<p><img src=\"https://static.tigerbbs.com/b9d9ab7ac61562aa5431d268b270277b\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>An easing of Covid-19 restrictions and robust sales are driving faster growth in business activity, including a record pace of expansion in orders placed with the nation’s factories, the group’s data showed.</p>\n<p>However, supply shortages and shipping challenges are complicating manufacturers’ efforts to meet demand while driving up materials costs at the same time.</p>\n<p>Factories and service providers are having greater success passing along higher input costs. The IHS Markit’s composite gauge of prices received rose to a record in March.</p>\n<p>“The worsening supply situation is a concern for the outlook, especially in relation to prices,” Chris Williamson, chief business economist at IHS Markit, said in a statement.</p>\n<p>“Supply needs to improve to come into line with demand. But with record supply chain delays driving a rise in backlogs of uncompleted work of a magnitude not surpassed for over seven years, firms appear to be struggling to boost operating capacity in the near-term,” Williamson said.</p>\n<p>While the group’s gauge of factory output advanced in April at a faster pace, it remains below the readings seen in the four months through February. Supplier delivery times at manufacturers were the longest on record, while a composite gauge of order backlogs at both factories and services matched the second-highest in data to 2009.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Business Output Expands Most on Record, IHS Markit Says</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. Business Output Expands Most on Record, IHS Markit Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 21:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-04-23/u-s-business-output-expands-most-on-record-ihs-markit-says?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Composite prices-received measure highest in data to 2009\nGauge of manufacturing orders second-strongest on record\n\nA gauge of output at U.S. manufacturers and service providers reached a record high ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-23/u-s-business-output-expands-most-on-record-ihs-markit-says?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-23/u-s-business-output-expands-most-on-record-ihs-markit-says?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197391893","content_text":"Composite prices-received measure highest in data to 2009\nGauge of manufacturing orders second-strongest on record\n\nA gauge of output at U.S. manufacturers and service providers reached a record high in April, adding to evidence of stronger demand that’s fueling inflationary pressures.\nThe IHS Markit flash composite index of purchasing managers at manufacturers and service providers increased to 62.2, the highest in data back to 2009, from 59.7 a month earlier, the group reported Friday. Readings above 50 indicate growth.\n\nAn easing of Covid-19 restrictions and robust sales are driving faster growth in business activity, including a record pace of expansion in orders placed with the nation’s factories, the group’s data showed.\nHowever, supply shortages and shipping challenges are complicating manufacturers’ efforts to meet demand while driving up materials costs at the same time.\nFactories and service providers are having greater success passing along higher input costs. The IHS Markit’s composite gauge of prices received rose to a record in March.\n“The worsening supply situation is a concern for the outlook, especially in relation to prices,” Chris Williamson, chief business economist at IHS Markit, said in a statement.\n“Supply needs to improve to come into line with demand. But with record supply chain delays driving a rise in backlogs of uncompleted work of a magnitude not surpassed for over seven years, firms appear to be struggling to boost operating capacity in the near-term,” Williamson said.\nWhile the group’s gauge of factory output advanced in April at a faster pace, it remains below the readings seen in the four months through February. Supplier delivery times at manufacturers were the longest on record, while a composite gauge of order backlogs at both factories and services matched the second-highest in data to 2009.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375997382,"gmtCreate":1619273030346,"gmtModify":1704722020313,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Why","listText":"Why","text":"Why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375997382","repostId":"1172227414","repostType":4,"repost":{"id":"1172227414","pubTimestamp":1619185525,"share":"https://ttm.financial/m/news/1172227414?lang=&edition=fundamental","pubTime":"2021-04-23 21:45","market":"hk","language":"en","title":"Alibaba Stock Could Rise 50% After the Regulatory Fine","url":"https://stock-news.laohu8.com/highlight/detail?id=1172227414","media":"InvestorPlace","summary":"BABA stock is worth $345.88, 50% higher, even after a 50% discount due to China’s regulatory crackdo","content":"<p>BABA stock is worth $345.88, 50% higher, even after a 50% discount due to China’s regulatory crackdown</p><p><b>Alibaba</b>&nbsp;(NYSE:<b><u>BABA</u></b>) stock has had a rough year, and had actually fallen 1.7% to $228.64 on April 20 from its 2020 year-end close of $232.75. In fact, over the last year, BABA stock is up just a bit over 10%. That is nothing to write home about. But the truth is the stock is now very cheap, and likely to do much better over the next year.</p><p>This is especially true now that the Chinese e-commerce conglomerate, with a similar business model to&nbsp;<b>Amazon</b>&nbsp;(NASDAQ:<b><u>AMZN)</u></b>, has weathered a lengthy review from Chinese regulators. On April 10, they accepted&nbsp;a $2.8 billion antitrust fine&nbsp;from the State Administration for Market Regulation (SAMR) in the PRC. This is effectively a slap on the wrist, as the fine represents just 4% of its 2019 revenue.</p><p>Analysts were uniform in arguing that this is a relief for BABA stock. One analyst from HSBC pointed out that this would&nbsp;not affect its gross merchandise value(GMV). Apparently what riled regulators were actions from one of Alibaba’s “Tmall flagship stores that are directly operated by brands.” The point is its fundamental business model won’t be changed or affected.</p><p><b>Comparing Alibaba’s Valuation</b></p><p>In my previous&nbsp;article at the end of last year,I compared the valuation of Alibaba stock to Amazon. I found that Alibaba was very cheap, as its price-to-earnings (P/E) ratio was one-third that of Amazon. This was the case even though both had similar price-to-sales ratios.</p><p>Well, the same is true today. For example, BABA stock has a&nbsp;forward P/E ratio (for 2021) of 22 times earnings&nbsp;(year ending March) and just 21 times for 2022, according to<i>Seeking Alpha</i>. Compare this to AMZN stock. Its 2021 forward 2021 P/E multiple (year ending December) is 70 times, and for 2022 is 50 times earnings. This means that Alibaba trades for under a third of the 2021 AMZN stock ratio and 42% of the 2022 ratio.</p><p>Moreover, Alibaba has similar, if not better, free cash flow (FCF) margins as compared to Amazon. For example, according to<i>Seeking Alpha</i>, during the last 12 months (LTM) ending in December 2020, Alibaba&nbsp;generated $27.148.02 billion&nbsp;on $98.686 billion, or a 27.5% FCF margin. But Amazon had $31.02 billion in FCF on $386.06 billion in revenue, or an 8% FCF margin. In other words, Alibaba has 3.4 times the FCF margins of Amazon.</p><p><b>What Alibaba Is Worth</b></p><p>So the Alibaba valuation is out of whack.</p><p>But maybe a 66% discount to the valuation is too much (i.e., the 2021 P/E valuation discount). For example, let’s assume there is just a 50% discount to the comparable 2021 P/E value (to account for the PRC discount) and a 40% discount to the 2022 valuation. That would give BABA stock a P/E ratio of 35 times for 2021 (i.e., 50% x 70 multiple) and a 30 times ratio for 2022 (i.e., 60% x 50 times).</p><p>As a result, the implied discounted 2021 valuation is$356.65 (i.e., $10.19 EPS for 2021 times 35 P/E) and $335.70 for 2022 (i.e., $11.19 2022 EPS x 30 P/E ratio). The average of these two target prices is $345.88 is still 50% above today’s price (April 20).</p><p>So, even after discounting Alibaba’s prospects by 50% for 2021 and 40% for 2022 (assuming the regulatory crackdown abates by then), the stock is still very cheap.</p><p><b>What to Do With BABA Stock</b></p><p>Many analysts fail to properly discount Alibaba’s valuation. They see the discrepancy with Amazon and other Western tech stocks and say this stock is worth three times more.</p><p>No one really knows where any of this regulatory scrutiny could end. It is a massive, volatile, uncertain, and potentially totally destructive risk for owners of BABA stock. The market is not blind to this risk, which is why the stock is so cheap. However, I do believe that the market has overdone the risk discounting. It seems likely now that the stock will rise assuming that the government scrutiny is over.</p><p>This could be a wild ride. Keep in mind that BABA stock carries huge risks, despite its massive profitability.&nbsp; Nevertheless, right now it looks like the stock is worth about 50% more, or $345.88 per share.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Could Rise 50% After the Regulatory Fine</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Could Rise 50% After the Regulatory Fine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 21:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/baba-stock-is-worth-50-percent-more-at-345-88-despite-a-50-percent-prc-discount/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BABA stock is worth $345.88, 50% higher, even after a 50% discount due to China’s regulatory crackdownAlibaba (NYSE:BABA) stock has had a rough year, and had actually fallen 1.7% to $228.64 on April ...</p>\n\n<a href=\"https://investorplace.com/2021/04/baba-stock-is-worth-50-percent-more-at-345-88-despite-a-50-percent-prc-discount/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://investorplace.com/2021/04/baba-stock-is-worth-50-percent-more-at-345-88-despite-a-50-percent-prc-discount/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172227414","content_text":"BABA stock is worth $345.88, 50% higher, even after a 50% discount due to China’s regulatory crackdownAlibaba (NYSE:BABA) stock has had a rough year, and had actually fallen 1.7% to $228.64 on April 20 from its 2020 year-end close of $232.75. In fact, over the last year, BABA stock is up just a bit over 10%. That is nothing to write home about. But the truth is the stock is now very cheap, and likely to do much better over the next year.This is especially true now that the Chinese e-commerce conglomerate, with a similar business model to Amazon (NASDAQ:AMZN), has weathered a lengthy review from Chinese regulators. On April 10, they accepted a $2.8 billion antitrust fine from the State Administration for Market Regulation (SAMR) in the PRC. This is effectively a slap on the wrist, as the fine represents just 4% of its 2019 revenue.Analysts were uniform in arguing that this is a relief for BABA stock. One analyst from HSBC pointed out that this would not affect its gross merchandise value(GMV). Apparently what riled regulators were actions from one of Alibaba’s “Tmall flagship stores that are directly operated by brands.” The point is its fundamental business model won’t be changed or affected.Comparing Alibaba’s ValuationIn my previous article at the end of last year,I compared the valuation of Alibaba stock to Amazon. I found that Alibaba was very cheap, as its price-to-earnings (P/E) ratio was one-third that of Amazon. This was the case even though both had similar price-to-sales ratios.Well, the same is true today. For example, BABA stock has a forward P/E ratio (for 2021) of 22 times earnings (year ending March) and just 21 times for 2022, according toSeeking Alpha. Compare this to AMZN stock. Its 2021 forward 2021 P/E multiple (year ending December) is 70 times, and for 2022 is 50 times earnings. This means that Alibaba trades for under a third of the 2021 AMZN stock ratio and 42% of the 2022 ratio.Moreover, Alibaba has similar, if not better, free cash flow (FCF) margins as compared to Amazon. For example, according toSeeking Alpha, during the last 12 months (LTM) ending in December 2020, Alibaba generated $27.148.02 billion on $98.686 billion, or a 27.5% FCF margin. But Amazon had $31.02 billion in FCF on $386.06 billion in revenue, or an 8% FCF margin. In other words, Alibaba has 3.4 times the FCF margins of Amazon.What Alibaba Is WorthSo the Alibaba valuation is out of whack.But maybe a 66% discount to the valuation is too much (i.e., the 2021 P/E valuation discount). For example, let’s assume there is just a 50% discount to the comparable 2021 P/E value (to account for the PRC discount) and a 40% discount to the 2022 valuation. That would give BABA stock a P/E ratio of 35 times for 2021 (i.e., 50% x 70 multiple) and a 30 times ratio for 2022 (i.e., 60% x 50 times).As a result, the implied discounted 2021 valuation is$356.65 (i.e., $10.19 EPS for 2021 times 35 P/E) and $335.70 for 2022 (i.e., $11.19 2022 EPS x 30 P/E ratio). The average of these two target prices is $345.88 is still 50% above today’s price (April 20).So, even after discounting Alibaba’s prospects by 50% for 2021 and 40% for 2022 (assuming the regulatory crackdown abates by then), the stock is still very cheap.What to Do With BABA StockMany analysts fail to properly discount Alibaba’s valuation. They see the discrepancy with Amazon and other Western tech stocks and say this stock is worth three times more.No one really knows where any of this regulatory scrutiny could end. It is a massive, volatile, uncertain, and potentially totally destructive risk for owners of BABA stock. The market is not blind to this risk, which is why the stock is so cheap. However, I do believe that the market has overdone the risk discounting. It seems likely now that the stock will rise assuming that the government scrutiny is over.This could be a wild ride. Keep in mind that BABA stock carries huge risks, despite its massive profitability.  Nevertheless, right now it looks like the stock is worth about 50% more, or $345.88 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":538,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375994424,"gmtCreate":1619272976468,"gmtModify":1704722019657,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Good ah","listText":"Good ah","text":"Good ah","images":[{"img":"https://static.tigerbbs.com/dc5b9be20e9ea67bb534310e6c2fd864","width":"750","height":"1654"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375994424","isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":375994256,"gmtCreate":1619272949175,"gmtModify":1704722019161,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"No good&nbsp;","listText":"No good&nbsp;","text":"No good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375994256","repostId":"1176897400","repostType":4,"repost":{"id":"1176897400","pubTimestamp":1619183071,"share":"https://ttm.financial/m/news/1176897400?lang=&edition=fundamental","pubTime":"2021-04-23 21:04","market":"us","language":"en","title":"Two traders pick their FAANG favorites ahead of earnings next week","url":"https://stock-news.laohu8.com/highlight/detail?id=1176897400","media":"CNBC","summary":"The FAANG stocks are in for an eventful week.\nEvery high-profile technology stock in the group excep","content":"<div>\n<p>The FAANG stocks are in for an eventful week.\nEvery high-profile technology stock in the group except Netflix is set to report earnings in coming days.Alphabet will report on Tuesday,Apple and ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/two-traders-pick-their-faang-favorites-ahead-of-earnings-next-week.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>Two traders pick their FAANG favorites ahead of earnings next 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; 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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\">\nTwo traders pick their FAANG favorites ahead of earnings next week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/23/two-traders-pick-their-faang-favorites-ahead-of-earnings-next-week.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The FAANG stocks are in for an eventful week.\nEvery high-profile technology stock in the group except Netflix is set to report earnings in coming days.Alphabet will report on Tuesday,Apple and ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/two-traders-pick-their-faang-favorites-ahead-of-earnings-next-week.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","AAPL":"苹果","AMZN":"亚马逊","GOOGL":"谷歌A"},"source_url":"https://www.cnbc.com/2021/04/23/two-traders-pick-their-faang-favorites-ahead-of-earnings-next-week.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1176897400","content_text":"The FAANG stocks are in for an eventful week.\nEvery high-profile technology stock in the group except Netflix is set to report earnings in coming days.Alphabet will report on Tuesday,Apple and Facebook on Wednesday and Amazon on Thursday.\nNetflix’s post-earnings drop raised some concerns about how FAANG would fare this earnings season, but analysts are selectively bullish, with JPMorgan on Thursday calling Amazon its “favorite FANG name into 1Q earnings.”\nTwo names are worth watching from a fundamental perspective, trader Michael Bapis told CNBC’s“Trading Nation”on Thursday.\n“Two of the companies that are probably most well-positioned from an earnings growth standpoint and a revenue growth standpoint are Amazon and Apple,” said Bapis, managing director of Vios Advisors at Rockefeller Capital Management.\n“You see Amazon trucks everywhere. They’re dominating the market. They’re innovating every day,” he said. “There are Apple products in everybody’s households everywhere. ... Each generation has some Apple device. So, I think during this tech revolution we’re in right now, you’re going to see these two companies dominate.”\nHe suggested using Apple’s latest dip as a buying opportunity. The stock closed down more than 1% on Thursday at $131.94 a share.\nTwo other names have a stronger technical setup, MKM Partners chief market technician JC O’Hara said in the same interview.\n“Three out of those five stocks have been dead money since last August,” he said. “If you look at the charts, they basically have consolidated within a range. If we’re in a global bull market, I want to be in leadership. I want to be in stocks that are breaking higher.”\nOf the FAANG stocks, “that leaves us with Facebook and Alphabet,” said O’Hara.\n“When I dive into those two names, I think Facebook offers an attractive entry point right here,” he said. “It pulled back right to the old breakout spot, which to me says everybody who missed the initial breakout, we have a second opportunity right here to jump back in.”\n\nO’Hara expected the stock — which closed nearly 2% lower at $296.52 on Thursday — to rebound around the $300 level and eventually reach $340 a share, roughly 14% above its current levels.\n“I want to be in leadership,” he said. “I want to be in names that have already broken out.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375994609,"gmtCreate":1619272931601,"gmtModify":1704722019492,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Notrch bad","listText":"Notrch bad","text":"Notrch 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cury","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375994381","isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372087374,"gmtCreate":1619158739298,"gmtModify":1704720555061,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>Good","listText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>Good","text":"$TAL Education Group(TAL)$Good","images":[{"img":"https://static.tigerbbs.com/a9a90e47faf2c60a510c6d467132eafc","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372087374","isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":376983213,"gmtCreate":1619080076532,"gmtModify":1704719319277,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>Huat ah","listText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>Huat ah","text":"$TAL Education Group(TAL)$Huat ah","images":[{"img":"https://static.tigerbbs.com/89d47faa4aecc31f5ff3dbab52157b43","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376983213","isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":376989805,"gmtCreate":1619079981807,"gmtModify":1704719318791,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Huat ah","listText":"Huat ah","text":"Huat ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376989805","isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378051222,"gmtCreate":1618983330666,"gmtModify":1704717863961,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"&nbsp;Lolol","listText":"&nbsp;Lolol","text":"Lolol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378051222","repostId":"1104169549","repostType":4,"repost":{"id":"1104169549","pubTimestamp":1618976594,"share":"https://ttm.financial/m/news/1104169549?lang=&edition=fundamental","pubTime":"2021-04-21 11:43","market":"us","language":"en","title":"The False Narratives Surrounding AMC Entertainment","url":"https://stock-news.laohu8.com/highlight/detail?id=1104169549","media":"InvestorPlace","summary":"The oft-told story around AMC stock doesn't match the facts.\n\nThere is a bull case forAMC Entertainm","content":"<blockquote>\n <b>The oft-told story around AMC stock doesn't match the facts.</b>\n</blockquote>\n<p>There is a bull case for<b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>) stock. To be clear, I don’t subscribe to that case. But as with nearly every stock out there, a reasonable investor can make a case for being long.</p>\n<p>The end of the novel coronavirus pandemic should boost the company’s revenue after an abysmal 2020. Bulls believe that the “death of the movie theater” narrative amid the explosion of streaming services such as<b>Netflix</b>(NASDAQ:<b><u>NFLX</u></b>) is overwrought.</p>\n<p>There’s even the possibility of a long-term<i>benefit</i>to the business from the pandemic on the competitive front. Smaller, less-capitalized theatres have gone out of business for good. Just in Los Angeles, permanent closures have taken some300 screens out of circulation.</p>\n<p>Indeed, earlier this month one analystupgraded AMC stock. He argued that the performance of<i>Godzilla vs. Kong</i>shows significant pent-up demand for in-theatre viewing, and bodes well for AMC’s recovery going forward. Indeed, if, thanks to competitor closures, AMC can capture more of that demand in a less-supplied market, there’s an argument for further upside in the stock.</p>\n<p>Again, I don’t subscribe to that bull case. But I’ll grant that it’s reasonable. And I’ll grant that, like every investor, I’ve been wrong before and will be wrong again.</p>\n<p>But if you’re going to own AMC stock, you need a real thesis. Too many bull cases of late lack that thesis, with many based on three particularly faulty narratives.</p>\n<p><b>Where Was WSB?</b></p>\n<p>The narrative around AMC stock is usually entangled with the short sellers in the stock. In late January, AMC rallied along with<b>GameStop</b>(NYSE:<b><u>GME</u></b>) on hopes of a so-called “short squeeze.” Since then, it hasn’t been hard to find vitriolic comments about “the shorts” and their menace to AMC and other stocks. And we’ve seen AMC stockholders hailed as something close to heroes for saving the company from the evil shorts.</p>\n<p>It’s too difficult at this point (and at the least would take too long) to disabuse some of the beliefs around short sellers as a whole. So let’s focus on how that narrative fails for AMC stock itself.</p>\n<p>First, AMC shareholders aren’t “saving” the company. If anything, they were late to the party.</p>\n<p>See, for instance, this Tweet which claimed the January rally allowed the companyto raise $900 millionand got over 16,000 likes. In fact, the capital raises came before the“Reddit rally,”and sent AMC stock to an all-time low.</p>\n<p>AMC needed a higher share price during the pandemic, when it was facing real risk of bankruptcy. WallStreetBets was nowhere to be found.</p>\n<p><b>The Short Squeeze in AMC Stock</b></p>\n<p>Second, a short squeeze is not an investing thesis. It’s a trading thesis. In fact, we’ve already seen this in AMC stock.</p>\n<p>If you believe that the January rally was a short squeeze (and I’ve argued it was in fact a“gamma squeeze”), what happened afterward? AMC stock plunged. It’s still down more than 50% from the highs.</p>\n<p>That’s not a surprise. That’s literally how it works.</p>\n<p>Shorts are forced to cover at<i>artificially</i>high prices. Once they do so, there are no buyers left at the highs. And the stock falls.</p>\n<p>That assumes another squeeze is likely. The data suggests otherwise.</p>\n<p>Short interest in AMC stock as of this writing is about 73 million shares. That’s about 31% of the float — a reasonably high number, admittedly.</p>\n<p>But short interest is also less than half average daily volume over the past three months. The idea that shorts are going to get “trapped” amid so much volume thus seems like a pipe dream.</p>\n<p>Even if it does happen, the point is to get out at the top. It’s to sell at $20 in January — not to own at $9 in April. Long-term investors who truly believe in AMC shouldn’t be hoping for a short squeeze. They should be hoping for a lower price to boost returns over time.</p>\n<p><b>The Pandemic Problem</b></p>\n<p>Finally, there’s a narrative that AMC stock is going to rise because AMC’s results are going to improve.</p>\n<p>That improvement is unquestionably coming. Revenue declined 77% year-over-year in 2020, obviously driven by closures due to the novel coronavirus pandemic.</p>\n<p>But AMC stock is pricing in a lot of improvement, and not just because it’s rallied 336% so far this year.</p>\n<p>Go back to the end of 2019. AMC had 104 million shares outstanding (roughly split between Class A and Class B). It closed the year with a stock price of $7.24, for a market capitalization around $750 million. Adddebt net of cashof $4.49 billion, and AMC’s enterprise value was $5.24 billion.</p>\n<p>As of Mar. 3, AMC had 450.2 million shares outstanding. Its market capitalization thus is $4.35 billion — nearly six times what it was at the end of 2019, obviously before the pandemic arrives. Add in net debt of $5.41 billion&nbsp;and AMC’s enterprise value is now $9.76 billion.</p>\n<p>Including debt, AMC’s valuation is nearly 90% higher than it was before the pandemic arrived. In fact, its valuation in 2021 is far higher than it’s<i>ever been</i>going back to its late 2013 initial public offering.</p>\n<p>So if an investor argues that the pandemic is going to lead AMC stock higher from here, they have to explain how AMC’s outlook is better in 2021 than it was in, say, 2015. It’s hard to see how that’s the case.</p>\n<p>The long-term trend of declining movie theater attendance remains. AMC’s debt load is higher, thanks to cash burned last year.</p>\n<p>Netflix has been joined by<b>Disney</b>(NYSE:<b><u>DIS</u></b>) and<b>AT&amp;T</b>(NYSE:<b><u>T</u></b>), among many others, to launch streaming platforms. Those platforms have driven an explosion in content spend that creates television series that are as good or better than movies.</p>\n<p>An investor can dispute these points, certainly. At this valuation, they’d better.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The False Narratives Surrounding AMC Entertainment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe False Narratives Surrounding AMC Entertainment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/three-false-narratives-surrounding-amc-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The oft-told story around AMC stock doesn't match the facts.\n\nThere is a bull case forAMC Entertainment(NYSE:AMC) stock. To be clear, I don’t subscribe to that case. But as with nearly every stock out...</p>\n\n<a href=\"https://investorplace.com/2021/04/three-false-narratives-surrounding-amc-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/04/three-false-narratives-surrounding-amc-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104169549","content_text":"The oft-told story around AMC stock doesn't match the facts.\n\nThere is a bull case forAMC Entertainment(NYSE:AMC) stock. To be clear, I don’t subscribe to that case. But as with nearly every stock out there, a reasonable investor can make a case for being long.\nThe end of the novel coronavirus pandemic should boost the company’s revenue after an abysmal 2020. Bulls believe that the “death of the movie theater” narrative amid the explosion of streaming services such asNetflix(NASDAQ:NFLX) is overwrought.\nThere’s even the possibility of a long-termbenefitto the business from the pandemic on the competitive front. Smaller, less-capitalized theatres have gone out of business for good. Just in Los Angeles, permanent closures have taken some300 screens out of circulation.\nIndeed, earlier this month one analystupgraded AMC stock. He argued that the performance ofGodzilla vs. Kongshows significant pent-up demand for in-theatre viewing, and bodes well for AMC’s recovery going forward. Indeed, if, thanks to competitor closures, AMC can capture more of that demand in a less-supplied market, there’s an argument for further upside in the stock.\nAgain, I don’t subscribe to that bull case. But I’ll grant that it’s reasonable. And I’ll grant that, like every investor, I’ve been wrong before and will be wrong again.\nBut if you’re going to own AMC stock, you need a real thesis. Too many bull cases of late lack that thesis, with many based on three particularly faulty narratives.\nWhere Was WSB?\nThe narrative around AMC stock is usually entangled with the short sellers in the stock. In late January, AMC rallied along withGameStop(NYSE:GME) on hopes of a so-called “short squeeze.” Since then, it hasn’t been hard to find vitriolic comments about “the shorts” and their menace to AMC and other stocks. And we’ve seen AMC stockholders hailed as something close to heroes for saving the company from the evil shorts.\nIt’s too difficult at this point (and at the least would take too long) to disabuse some of the beliefs around short sellers as a whole. So let’s focus on how that narrative fails for AMC stock itself.\nFirst, AMC shareholders aren’t “saving” the company. If anything, they were late to the party.\nSee, for instance, this Tweet which claimed the January rally allowed the companyto raise $900 millionand got over 16,000 likes. In fact, the capital raises came before the“Reddit rally,”and sent AMC stock to an all-time low.\nAMC needed a higher share price during the pandemic, when it was facing real risk of bankruptcy. WallStreetBets was nowhere to be found.\nThe Short Squeeze in AMC Stock\nSecond, a short squeeze is not an investing thesis. It’s a trading thesis. In fact, we’ve already seen this in AMC stock.\nIf you believe that the January rally was a short squeeze (and I’ve argued it was in fact a“gamma squeeze”), what happened afterward? AMC stock plunged. It’s still down more than 50% from the highs.\nThat’s not a surprise. That’s literally how it works.\nShorts are forced to cover atartificiallyhigh prices. Once they do so, there are no buyers left at the highs. And the stock falls.\nThat assumes another squeeze is likely. The data suggests otherwise.\nShort interest in AMC stock as of this writing is about 73 million shares. That’s about 31% of the float — a reasonably high number, admittedly.\nBut short interest is also less than half average daily volume over the past three months. The idea that shorts are going to get “trapped” amid so much volume thus seems like a pipe dream.\nEven if it does happen, the point is to get out at the top. It’s to sell at $20 in January — not to own at $9 in April. Long-term investors who truly believe in AMC shouldn’t be hoping for a short squeeze. They should be hoping for a lower price to boost returns over time.\nThe Pandemic Problem\nFinally, there’s a narrative that AMC stock is going to rise because AMC’s results are going to improve.\nThat improvement is unquestionably coming. Revenue declined 77% year-over-year in 2020, obviously driven by closures due to the novel coronavirus pandemic.\nBut AMC stock is pricing in a lot of improvement, and not just because it’s rallied 336% so far this year.\nGo back to the end of 2019. AMC had 104 million shares outstanding (roughly split between Class A and Class B). It closed the year with a stock price of $7.24, for a market capitalization around $750 million. Adddebt net of cashof $4.49 billion, and AMC’s enterprise value was $5.24 billion.\nAs of Mar. 3, AMC had 450.2 million shares outstanding. Its market capitalization thus is $4.35 billion — nearly six times what it was at the end of 2019, obviously before the pandemic arrives. Add in net debt of $5.41 billion and AMC’s enterprise value is now $9.76 billion.\nIncluding debt, AMC’s valuation is nearly 90% higher than it was before the pandemic arrived. In fact, its valuation in 2021 is far higher than it’sever beengoing back to its late 2013 initial public offering.\nSo if an investor argues that the pandemic is going to lead AMC stock higher from here, they have to explain how AMC’s outlook is better in 2021 than it was in, say, 2015. It’s hard to see how that’s the case.\nThe long-term trend of declining movie theater attendance remains. AMC’s debt load is higher, thanks to cash burned last year.\nNetflix has been joined byDisney(NYSE:DIS) andAT&T(NYSE:T), among many others, to launch streaming platforms. Those platforms have driven an explosion in content spend that creates television series that are as good or better than movies.\nAn investor can dispute these points, certainly. At this valuation, they’d better.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378051100,"gmtCreate":1618983315800,"gmtModify":1704717863638,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Hujhh","listText":"Hujhh","text":"Hujhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378051100","repostId":"1115421765","repostType":4,"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378053406,"gmtCreate":1618983250105,"gmtModify":1704717862824,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Good ah","listText":"Good ah","text":"Good ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378053406","isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379523348,"gmtCreate":1618773644384,"gmtModify":1704714693100,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Lousy ah","listText":"Lousy ah","text":"Lousy ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/379523348","repostId":"2128868471","repostType":4,"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379523961,"gmtCreate":1618773630953,"gmtModify":1704714692939,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"No good","listText":"No good","text":"No good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379523961","repostId":"2128787868","repostType":4,"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379523059,"gmtCreate":1618773527171,"gmtModify":1704714692778,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Like shit ah","listText":"Like shit ah","text":"Like shit ah","images":[{"img":"https://static.tigerbbs.com/552c6c536662dc171fc1cf9b2a5edbe9","width":"750","height":"1654"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379523059","isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":377872198,"gmtCreate":1619519375614,"gmtModify":1704725287523,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Lol the results were not disappointing. What is the writer on about? Did he even analyse the financial report???","listText":"Lol the results were not disappointing. What is the writer on about? Did he even analyse the financial report???","text":"Lol the results were not disappointing. What is the writer on about? Did he even analyse the financial report???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377872198","repostId":"1152045902","repostType":4,"repost":{"id":"1152045902","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":1619514900,"share":"https://ttm.financial/m/news/1152045902?lang=&edition=fundamental","pubTime":"2021-04-27 17:15","market":"us","language":"en","title":"Tesla fell more than 3% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1152045902","media":"Tiger Newspress","summary":"5:15 EST,Tesla fell more than 3% in premarket trading.Tesla Disappoints With Q1 Results.After the be","content":"<p>5:15 EST,Tesla fell more than 3%&nbsp;in premarket trading.Tesla Disappoints With Q1 Results.</p><p><img src=\"https://static.tigerbbs.com/80954e920941d820b31d99e675cba192\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>After the bell on Monday, we received first quarter results from electric vehicle maker Tesla (TSLA), seen inthis investor letter. With the stock having traded sideways this year after a massive rally in 2020, the street was looking for solid results and a major production update to get shares going again. Unfortunately, it was another quarter where the overall results were rather lackluster, which sent shares lower.</p><p>Tesla reported revenues of about $10.39 billion, which some sites are going to report as a headline beat. If you use a site like Bloomberg, it will bea miss comparedto a street average of $10.42 billion. As you can see in the graphic below, a number of sites also had a \"low\" estimate of $8.20 billion, which is either an analyst that hasn't updated in a while or a number that was put there to bring the overall average down by about $100 million.</p><p><img src=\"https://static.tigerbbs.com/25199bcab2e73e09054f82c43f083f59\" tg-width=\"640\" tg-height=\"62\" referrerpolicy=\"no-referrer\"></p><p>(<i>Source: Seeking Alpha Tesla estimates page,seen here)</i></p><p>As I mentioned inmy earnings preview article, I wouldn't be concerned with the revenue number unless there was a major outlier. Well, that turned out to be the case, because regulatory credit sales soared to $518 million, whereas most expectations called for them to be down from Q4 levels. Excluding these credit sales, Tesla's average selling price per vehicle delivered declined by $3,444, primarily as there were no deliveries of the new S/X vehicles. Tesla's energy revenues also dropped significantly over Q4 levels, which also resulted in that division reporting terrible margins.</p><p>Tesla's automotive margins rose by 240 basis points quarter over quarter, although almost half of that was due to the increase in credit sales. The company did, however, report a lot more operating expenses than most were expecting, primarily due to another CEO award milestone becoming probable. Management also took advantage of the rise in bitcoin to pad the bottom line, reporting a $101 million gain from Bitcoin sales (reported in the other opex line below). The table below shows Tesla's overall results compared to my three cases as well as Q4 results.</p><p><img src=\"https://static.tigerbbs.com/316d4a8918cede4aafd50bce8a3c2941\" tg-width=\"640\" tg-height=\"576\" referrerpolicy=\"no-referrer\"></p><p>If you take out the regulatory credit revenue and Bitcoin gains, Tesla's pre-tax result was an $86 million loss. It turned out that my GAAP EPS estimate was just a penny off, where I had too much product costs but not enough operating costs. The second half of that flowed through to non-GAAP results thanks to that CEO award resulting in a lot more stock-based compensation. Overall, these results were not as strong as many were looking for, which is part of the reason why the stock dipped about 2% in initial after-hours trading.</p><p>The second key I talked about in my earnings preview was Tesla's production and its yearly forecast. There had been a lot of talk recently about thecompany potentially talking abouta million units of production this year. However, management did not really update its forecast in the investor letter, only talking about its plan to exceed 50% growth in deliveries this year. In the table below, you can see how the company's installed capacity has trended, but I will note that there was no unit increase from the Q4 report.</p><p>(The \"actual / 4-qtr production\" figure is based on the latest quarter's production divided by the 4-qtr rolling average, so Q1 2021's 88.24% figure comes from the 180,338 units divided by the 204,375 rolling average.<i>Source: Tesla quarterly reports on IR site,seen here)</i></p><p>New Model S vehicle deliveries should start shortly, as opposed to Elon Musk's previous comments for them starting in February of this year. The first model Y units from Texas and Berlin should be delivered by the end of the year, along with the Semi. However, I should note that up until this weekend, Tesla's European sites showed Model Y production starting \"mid-year\", so this is a bit of a push back from that forecast.</p><p>When we look at the balance sheet, Tesla reported a $2.2 billion decrease in its cash and cash equivalents in Q1 to $17.1 billion. This was mainly due to $1.2 billion net outflows in both debt as well as Bitcoin. This was partially offset by $293 million in free cash flow. However, just as we've seen in the past, accounts payable and accrued liabilities rose by $815 million, so Tesla would have not been free cash flow positive if it had paid some more of its bills during the quarter. Usually, this is function of rising production, but that barely happened in Q1 plus we had much lower costing vehicles accounting for a larger percentage of production with no new Model S/X units produced. Accounts receivable also increased very slightly over Q4 levels despite the sequential decline in revenues of more than $350 million.</p><p>It will be interesting to see the reaction to this report, more than just an hour or so of after-hours trading where shares are down about $16 to $722. As the chart below shows, the stock has recently regained the 50-day moving average, which could provide some support. However, that key technical level is still declining, which could set up the dreaded death cross in a month or so if the current trend continues.</p><p>In the end, Tesla's Q1 results were a bit disappointing. Revenues were basically in line with most expectations, but that was as a result of the largest quarter ever of regulatory credit sales. Excluding those highly profitable sales as well as some Bitcoin gains, Tesla would have lost money for the quarter. Also, management did not provide the big guidance boost many were hoping for, and the stock dipped about 2% in the after-hours session. Once we get the 10-Q filing and can fully digest all of the numbers, I'll be back with some thoughts on what to do with shares moving forward.</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>Tesla fell more than 3% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla fell more than 3% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-27 17:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>5:15 EST,Tesla fell more than 3%&nbsp;in premarket trading.Tesla Disappoints With Q1 Results.</p><p><img src=\"https://static.tigerbbs.com/80954e920941d820b31d99e675cba192\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>After the bell on Monday, we received first quarter results from electric vehicle maker Tesla (TSLA), seen inthis investor letter. With the stock having traded sideways this year after a massive rally in 2020, the street was looking for solid results and a major production update to get shares going again. Unfortunately, it was another quarter where the overall results were rather lackluster, which sent shares lower.</p><p>Tesla reported revenues of about $10.39 billion, which some sites are going to report as a headline beat. If you use a site like Bloomberg, it will bea miss comparedto a street average of $10.42 billion. As you can see in the graphic below, a number of sites also had a \"low\" estimate of $8.20 billion, which is either an analyst that hasn't updated in a while or a number that was put there to bring the overall average down by about $100 million.</p><p><img src=\"https://static.tigerbbs.com/25199bcab2e73e09054f82c43f083f59\" tg-width=\"640\" tg-height=\"62\" referrerpolicy=\"no-referrer\"></p><p>(<i>Source: Seeking Alpha Tesla estimates page,seen here)</i></p><p>As I mentioned inmy earnings preview article, I wouldn't be concerned with the revenue number unless there was a major outlier. Well, that turned out to be the case, because regulatory credit sales soared to $518 million, whereas most expectations called for them to be down from Q4 levels. Excluding these credit sales, Tesla's average selling price per vehicle delivered declined by $3,444, primarily as there were no deliveries of the new S/X vehicles. Tesla's energy revenues also dropped significantly over Q4 levels, which also resulted in that division reporting terrible margins.</p><p>Tesla's automotive margins rose by 240 basis points quarter over quarter, although almost half of that was due to the increase in credit sales. The company did, however, report a lot more operating expenses than most were expecting, primarily due to another CEO award milestone becoming probable. Management also took advantage of the rise in bitcoin to pad the bottom line, reporting a $101 million gain from Bitcoin sales (reported in the other opex line below). The table below shows Tesla's overall results compared to my three cases as well as Q4 results.</p><p><img src=\"https://static.tigerbbs.com/316d4a8918cede4aafd50bce8a3c2941\" tg-width=\"640\" tg-height=\"576\" referrerpolicy=\"no-referrer\"></p><p>If you take out the regulatory credit revenue and Bitcoin gains, Tesla's pre-tax result was an $86 million loss. It turned out that my GAAP EPS estimate was just a penny off, where I had too much product costs but not enough operating costs. The second half of that flowed through to non-GAAP results thanks to that CEO award resulting in a lot more stock-based compensation. Overall, these results were not as strong as many were looking for, which is part of the reason why the stock dipped about 2% in initial after-hours trading.</p><p>The second key I talked about in my earnings preview was Tesla's production and its yearly forecast. There had been a lot of talk recently about thecompany potentially talking abouta million units of production this year. However, management did not really update its forecast in the investor letter, only talking about its plan to exceed 50% growth in deliveries this year. In the table below, you can see how the company's installed capacity has trended, but I will note that there was no unit increase from the Q4 report.</p><p>(The \"actual / 4-qtr production\" figure is based on the latest quarter's production divided by the 4-qtr rolling average, so Q1 2021's 88.24% figure comes from the 180,338 units divided by the 204,375 rolling average.<i>Source: Tesla quarterly reports on IR site,seen here)</i></p><p>New Model S vehicle deliveries should start shortly, as opposed to Elon Musk's previous comments for them starting in February of this year. The first model Y units from Texas and Berlin should be delivered by the end of the year, along with the Semi. However, I should note that up until this weekend, Tesla's European sites showed Model Y production starting \"mid-year\", so this is a bit of a push back from that forecast.</p><p>When we look at the balance sheet, Tesla reported a $2.2 billion decrease in its cash and cash equivalents in Q1 to $17.1 billion. This was mainly due to $1.2 billion net outflows in both debt as well as Bitcoin. This was partially offset by $293 million in free cash flow. However, just as we've seen in the past, accounts payable and accrued liabilities rose by $815 million, so Tesla would have not been free cash flow positive if it had paid some more of its bills during the quarter. Usually, this is function of rising production, but that barely happened in Q1 plus we had much lower costing vehicles accounting for a larger percentage of production with no new Model S/X units produced. Accounts receivable also increased very slightly over Q4 levels despite the sequential decline in revenues of more than $350 million.</p><p>It will be interesting to see the reaction to this report, more than just an hour or so of after-hours trading where shares are down about $16 to $722. As the chart below shows, the stock has recently regained the 50-day moving average, which could provide some support. However, that key technical level is still declining, which could set up the dreaded death cross in a month or so if the current trend continues.</p><p>In the end, Tesla's Q1 results were a bit disappointing. Revenues were basically in line with most expectations, but that was as a result of the largest quarter ever of regulatory credit sales. Excluding those highly profitable sales as well as some Bitcoin gains, Tesla would have lost money for the quarter. Also, management did not provide the big guidance boost many were hoping for, and the stock dipped about 2% in the after-hours session. Once we get the 10-Q filing and can fully digest all of the numbers, I'll be back with some thoughts on what to do with shares moving forward.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152045902","content_text":"5:15 EST,Tesla fell more than 3% in premarket trading.Tesla Disappoints With Q1 Results.After the bell on Monday, we received first quarter results from electric vehicle maker Tesla (TSLA), seen inthis investor letter. With the stock having traded sideways this year after a massive rally in 2020, the street was looking for solid results and a major production update to get shares going again. Unfortunately, it was another quarter where the overall results were rather lackluster, which sent shares lower.Tesla reported revenues of about $10.39 billion, which some sites are going to report as a headline beat. If you use a site like Bloomberg, it will bea miss comparedto a street average of $10.42 billion. As you can see in the graphic below, a number of sites also had a \"low\" estimate of $8.20 billion, which is either an analyst that hasn't updated in a while or a number that was put there to bring the overall average down by about $100 million.(Source: Seeking Alpha Tesla estimates page,seen here)As I mentioned inmy earnings preview article, I wouldn't be concerned with the revenue number unless there was a major outlier. Well, that turned out to be the case, because regulatory credit sales soared to $518 million, whereas most expectations called for them to be down from Q4 levels. Excluding these credit sales, Tesla's average selling price per vehicle delivered declined by $3,444, primarily as there were no deliveries of the new S/X vehicles. Tesla's energy revenues also dropped significantly over Q4 levels, which also resulted in that division reporting terrible margins.Tesla's automotive margins rose by 240 basis points quarter over quarter, although almost half of that was due to the increase in credit sales. The company did, however, report a lot more operating expenses than most were expecting, primarily due to another CEO award milestone becoming probable. Management also took advantage of the rise in bitcoin to pad the bottom line, reporting a $101 million gain from Bitcoin sales (reported in the other opex line below). The table below shows Tesla's overall results compared to my three cases as well as Q4 results.If you take out the regulatory credit revenue and Bitcoin gains, Tesla's pre-tax result was an $86 million loss. It turned out that my GAAP EPS estimate was just a penny off, where I had too much product costs but not enough operating costs. The second half of that flowed through to non-GAAP results thanks to that CEO award resulting in a lot more stock-based compensation. Overall, these results were not as strong as many were looking for, which is part of the reason why the stock dipped about 2% in initial after-hours trading.The second key I talked about in my earnings preview was Tesla's production and its yearly forecast. There had been a lot of talk recently about thecompany potentially talking abouta million units of production this year. However, management did not really update its forecast in the investor letter, only talking about its plan to exceed 50% growth in deliveries this year. In the table below, you can see how the company's installed capacity has trended, but I will note that there was no unit increase from the Q4 report.(The \"actual / 4-qtr production\" figure is based on the latest quarter's production divided by the 4-qtr rolling average, so Q1 2021's 88.24% figure comes from the 180,338 units divided by the 204,375 rolling average.Source: Tesla quarterly reports on IR site,seen here)New Model S vehicle deliveries should start shortly, as opposed to Elon Musk's previous comments for them starting in February of this year. The first model Y units from Texas and Berlin should be delivered by the end of the year, along with the Semi. However, I should note that up until this weekend, Tesla's European sites showed Model Y production starting \"mid-year\", so this is a bit of a push back from that forecast.When we look at the balance sheet, Tesla reported a $2.2 billion decrease in its cash and cash equivalents in Q1 to $17.1 billion. This was mainly due to $1.2 billion net outflows in both debt as well as Bitcoin. This was partially offset by $293 million in free cash flow. However, just as we've seen in the past, accounts payable and accrued liabilities rose by $815 million, so Tesla would have not been free cash flow positive if it had paid some more of its bills during the quarter. Usually, this is function of rising production, but that barely happened in Q1 plus we had much lower costing vehicles accounting for a larger percentage of production with no new Model S/X units produced. Accounts receivable also increased very slightly over Q4 levels despite the sequential decline in revenues of more than $350 million.It will be interesting to see the reaction to this report, more than just an hour or so of after-hours trading where shares are down about $16 to $722. As the chart below shows, the stock has recently regained the 50-day moving average, which could provide some support. However, that key technical level is still declining, which could set up the dreaded death cross in a month or so if the current trend continues.In the end, Tesla's Q1 results were a bit disappointing. Revenues were basically in line with most expectations, but that was as a result of the largest quarter ever of regulatory credit sales. Excluding those highly profitable sales as well as some Bitcoin gains, Tesla would have lost money for the quarter. Also, management did not provide the big guidance boost many were hoping for, and the stock dipped about 2% in the after-hours session. Once we get the 10-Q filing and can fully digest all of the numbers, I'll be back with some thoughts on what to do with shares moving forward.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379523348,"gmtCreate":1618773644384,"gmtModify":1704714693100,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Lousy ah","listText":"Lousy ah","text":"Lousy ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/379523348","repostId":"2128868471","repostType":4,"repost":{"id":"2128868471","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":1618759080,"share":"https://ttm.financial/m/news/2128868471?lang=&edition=fundamental","pubTime":"2021-04-18 23:18","market":"us","language":"en","title":"Coinbase hangover? Here's why bitcoin may be suffering its steepest slide since February","url":"https://stock-news.laohu8.com/highlight/detail?id=2128868471","media":"Dow Jones","summary":"Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.Bitcoin prices we","content":"<blockquote>Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.</blockquote><p>Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.</p><p>Bitcoin pricesBTCUSD,1.43%fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.</p><p><img src=\"https://static.tigerbbs.com/1fb4b00395feffcf6e0b195304220d57\" tg-width=\"663\" tg-height=\"419\"></p><p>However, slides of 10% or better bitcoin are fairly common because the nascent asset is viewed as inherently volatile. The last time crypto skid decisively lower comments from Treasury Secretary Janet Yellen at a New York Times DealBook conference were blamed for the slump.</p><p>This time around, market participants continue to be haunted by the specter of a crack down by the Treasury but are also listing a few other possible causes for bitcoin's correction.</p><p><b>Crypto euphoria</b></p><p>Some industry participants point to a rise in speculative assets like dogecoin as indications that the digital asset market is getting hyped and vulnerable to a retreat. Dogecoin prices had rocketed more than 7,252% year-to-date at their recent peak.</p><p>Galaxy Digital CEO Michael Novogratz says that although he sees bitcoin reaching $100,000 by the end of 2021 and $500,000 by 2024, he believes that the market will be marked by turbulence that he feels is highlighted by frenzied appetite for assets like dogecoin , which was originally created as a parody to bitcoin and is viewed by some as possessing limited utility.</p><p>Novogratz said that the list of crypto platform Coinbase Global listing has fueled \"a lot of frenzy\" .</p><p><b>Crackdown? Or 'FUD'</b></p><p>Others pointed to the dissemination of fear, uncertainty and doubt, or FUD, as the crypto community describes it.</p><p>Bloomberg News reported that further speculation about a crypto crackdown by the U.S. Treasury Department tied to the use of digital assets for money laundering, without specific details, also was weighing on prices.</p><p><b>Coinbase hangover?</b></p><p>Some market participants have suggested that the highly anticipated Coinbase listing on Nasdaq Inc.<a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> would prove a new top for the crypto market and put prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin early last week.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux &amp; Co., told MarketWatch that he was fearful that euphoria surrounding bitcoin and crypto and saw them due for a retrenchment as a result. \"Can you find out there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" he responded.</p><p>In any case, bitcoin prices remain elevated on the back of growing attention from traditional investors. Several high-profile Wall Street players, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients on the firm's website, that reaffirmed his bullish outlook on bitcoin.</p><p>Bitcoin prices are up around 90% so far this year. By comparison, gold prices, considered a rival to bitcoin, were off over 6% so far in 2021, and more traditional securities were seeing comparatively more pedestrian returns. The Dow Jones Industrial Average and the S&amp;P 500 are up more than 11% in the year to date, while the Nasdaq Composite Index is up 9%.</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>Coinbase hangover? Here's why bitcoin may be suffering its steepest slide since February</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\">\nCoinbase hangover? Here's why bitcoin may be suffering its steepest slide since February\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-18 23:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.</blockquote><p>Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.</p><p>Bitcoin pricesBTCUSD,1.43%fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.</p><p><img src=\"https://static.tigerbbs.com/1fb4b00395feffcf6e0b195304220d57\" tg-width=\"663\" tg-height=\"419\"></p><p>However, slides of 10% or better bitcoin are fairly common because the nascent asset is viewed as inherently volatile. The last time crypto skid decisively lower comments from Treasury Secretary Janet Yellen at a New York Times DealBook conference were blamed for the slump.</p><p>This time around, market participants continue to be haunted by the specter of a crack down by the Treasury but are also listing a few other possible causes for bitcoin's correction.</p><p><b>Crypto euphoria</b></p><p>Some industry participants point to a rise in speculative assets like dogecoin as indications that the digital asset market is getting hyped and vulnerable to a retreat. Dogecoin prices had rocketed more than 7,252% year-to-date at their recent peak.</p><p>Galaxy Digital CEO Michael Novogratz says that although he sees bitcoin reaching $100,000 by the end of 2021 and $500,000 by 2024, he believes that the market will be marked by turbulence that he feels is highlighted by frenzied appetite for assets like dogecoin , which was originally created as a parody to bitcoin and is viewed by some as possessing limited utility.</p><p>Novogratz said that the list of crypto platform Coinbase Global listing has fueled \"a lot of frenzy\" .</p><p><b>Crackdown? Or 'FUD'</b></p><p>Others pointed to the dissemination of fear, uncertainty and doubt, or FUD, as the crypto community describes it.</p><p>Bloomberg News reported that further speculation about a crypto crackdown by the U.S. Treasury Department tied to the use of digital assets for money laundering, without specific details, also was weighing on prices.</p><p><b>Coinbase hangover?</b></p><p>Some market participants have suggested that the highly anticipated Coinbase listing on Nasdaq Inc.<a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> would prove a new top for the crypto market and put prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin early last week.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux &amp; Co., told MarketWatch that he was fearful that euphoria surrounding bitcoin and crypto and saw them due for a retrenchment as a result. \"Can you find out there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" he responded.</p><p>In any case, bitcoin prices remain elevated on the back of growing attention from traditional investors. Several high-profile Wall Street players, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients on the firm's website, that reaffirmed his bullish outlook on bitcoin.</p><p>Bitcoin prices are up around 90% so far this year. By comparison, gold prices, considered a rival to bitcoin, were off over 6% so far in 2021, and more traditional securities were seeing comparatively more pedestrian returns. The Dow Jones Industrial Average and the S&amp;P 500 are up more than 11% in the year to date, while the Nasdaq Composite Index is up 9%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128868471","content_text":"Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.Bitcoin pricesBTCUSD,1.43%fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.However, slides of 10% or better bitcoin are fairly common because the nascent asset is viewed as inherently volatile. The last time crypto skid decisively lower comments from Treasury Secretary Janet Yellen at a New York Times DealBook conference were blamed for the slump.This time around, market participants continue to be haunted by the specter of a crack down by the Treasury but are also listing a few other possible causes for bitcoin's correction.Crypto euphoriaSome industry participants point to a rise in speculative assets like dogecoin as indications that the digital asset market is getting hyped and vulnerable to a retreat. Dogecoin prices had rocketed more than 7,252% year-to-date at their recent peak.Galaxy Digital CEO Michael Novogratz says that although he sees bitcoin reaching $100,000 by the end of 2021 and $500,000 by 2024, he believes that the market will be marked by turbulence that he feels is highlighted by frenzied appetite for assets like dogecoin , which was originally created as a parody to bitcoin and is viewed by some as possessing limited utility.Novogratz said that the list of crypto platform Coinbase Global listing has fueled \"a lot of frenzy\" .Crackdown? Or 'FUD'Others pointed to the dissemination of fear, uncertainty and doubt, or FUD, as the crypto community describes it.Bloomberg News reported that further speculation about a crypto crackdown by the U.S. Treasury Department tied to the use of digital assets for money laundering, without specific details, also was weighing on prices.Coinbase hangover?Some market participants have suggested that the highly anticipated Coinbase listing on Nasdaq Inc.$(NDAQ)$ would prove a new top for the crypto market and put prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin early last week.Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he was fearful that euphoria surrounding bitcoin and crypto and saw them due for a retrenchment as a result. \"Can you find out there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" he responded.In any case, bitcoin prices remain elevated on the back of growing attention from traditional investors. Several high-profile Wall Street players, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients on the firm's website, that reaffirmed his bullish outlook on bitcoin.Bitcoin prices are up around 90% so far this year. By comparison, gold prices, considered a rival to bitcoin, were off over 6% so far in 2021, and more traditional securities were seeing comparatively more pedestrian returns. The Dow Jones Industrial Average and the S&P 500 are up more than 11% in the year to date, while the Nasdaq Composite Index is up 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376983213,"gmtCreate":1619080076532,"gmtModify":1704719319277,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>Huat ah","listText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>Huat ah","text":"$TAL Education Group(TAL)$Huat ah","images":[{"img":"https://static.tigerbbs.com/89d47faa4aecc31f5ff3dbab52157b43","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376983213","isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370314459,"gmtCreate":1618551825071,"gmtModify":1704712624196,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Nice oner","listText":"Nice oner","text":"Nice oner","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370314459","repostId":"1142633815","repostType":4,"repost":{"id":"1142633815","pubTimestamp":1618550753,"share":"https://ttm.financial/m/news/1142633815?lang=&edition=fundamental","pubTime":"2021-04-16 13:25","market":"us","language":"en","title":"Could Apple Stock Price Double In 3 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1142633815","media":"TheStreet","summary":"Apple stock has finally awakened ahead of fiscal second quarter earnings, and some investors may be dreaming bigger. For example, could AAPL price double within the next three years?Apple stockhas finally breached the $130 level, after spending nearly two months below it – and shares still seem to have some fuel to burn. Why not dream bigger, and project where the stock could be in, say, three years?Today, the Apple Maven does some back-of-the-envelope calculations to explain how financial perfo","content":"<p>Apple stock has finally awakened ahead of fiscal second quarter earnings, and some investors may be dreaming bigger. For example, could AAPL price double within the next three years?</p>\n<p>Apple stockhas finally breached the $130 level, after spending nearly two months below it – and shares still seem to have some fuel to burn. Why not dream bigger, and project where the stock could be in, say, three years?</p>\n<p>Today, the Apple Maven does some back-of-the-envelope calculations to explain how financial performance and valuation multiples can possibly combine to send AAPL to $250 by 2024, for a respectable annualized return of about 25%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6d62ab113273e78aea147040ddfd287\" tg-width=\"1240\" tg-height=\"697\"><span>Figure 1: Apple Park in Cupertino, California.</span></p>\n<p><b>First piece of the puzzle: valuation</b></p>\n<p>There are several different ways to estimate how much a stock may be worth in the future. In this case, I will keep things simple, and use the traditional price-to-earnings, or P/E ratio methodology.</p>\n<p>P/E is a simple metric that contains two pieces: stock price in the numerator, and earnings per share (EPS) in the denominator. Simple algebra suggests that the future price of a stock can be calculated by multiplying an assumed P/E multiple by actual or estimated EPS.</p>\n<p>The graph below shows that Apple’s trailing P/E (that is, the valuation multiple derived using past earnings figures) has pulled back from the second half 2020 highs of around 40 times. The bad news is that, even at the current 36 times, the figure is much higher than it has historically been, on average.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d180bf2e7bab467da1e79a1eada870d1\" tg-width=\"1240\" tg-height=\"555\"><span>Figure 2: Apple's Price/Earnings.</span></p>\n<p>There are good reasons why Apple now trades at a much higher P/E multiple than it did in the past. A few of them include:</p>\n<ul>\n <li>Future growth opportunities have expanded with&nbsp;the 5G upgrade cycle, the expansion of the services portfolio, the rebirth of the Mac and iPad segments,and even the rumored Apple Car</li>\n <li>Apple’s financial performance is less dependent on one single product category – the iPhone – than it was in the mid 2010s</li>\n <li>Services, with its higher margins and more predictable revenue inflow, have become a much more important piece of the business</li>\n <li>Interest rates have come down to the closest that they have ever been to zero, which is a tailwind to valuation multiples</li>\n</ul>\n<p>That said, I find it unrealistic to project an increase in Apple stock price based primarily on valuation multiple expansion. I believe that a sustainable trailing P/E of around 35 times is about as high as one should reasonably expect to see in the next few years.</p>\n<p><b>Second piece of the puzzle: earnings</b></p>\n<p>Valuation multiples do not tell the whole story, however. Apple stock can also rise on future financial performance, especially if the results beat current expectations.</p>\n<p>According to our friends at&nbsp;Seeking Alpha, analysts currently project 2024 earnings per share to land at $5.38. For reference, Apple’s fiscal 2020 earnings reached $3.28.</p>\n<p>Now, let’s travel in time to September 2024, roughly three years from now, at the end of Apple’s fiscal year. At that moment, Apple stock should be worth about $190 per share, given two assumptions:</p>\n<ol>\n <li>The company meets current EPS expectations for fiscal 2024</li>\n <li>The P/E multiple stays close to current levels, at 35 times</li>\n</ol>\n<p>Therefore, for Apple stock price to double in three years primarily on the back of financial performance, the Cupertino company needs to deliver EPS of over $7. That is: rather than growing earnings at an expected annual pace of about 13%, Apple needs to pick up the pace and offer 22% instead.</p>\n<p>This is quite a tall order, in my view. Three-year growth in earnings at these levels has not happened since the very early days of the iPhone and iPad, two revolutionary product categories that Apple essentially invented.</p>\n<p>Therefore, for Apple stock to get to $250 in three years without valuation multiples climbing to levels never seen before, any (or a combination of) the following would probably need to happen to send EPS through the roof:</p>\n<ul>\n <li>An outstanding 5G super cycle that supports iPhone sales increase comparable to early 2010s levels, when the product category was still in the middle of its growth life cycle;</li>\n <li>A sizable, game-changing product launch that adds revenues where none currently exist. The most likely candidates would be&nbsp;augmented or virtual realitywearable devices,or the Apple Car;</li>\n <li>Aggressive monetization of Apple’s user base, primarily through service offerings and cross-selling of wearable and complementary products. In the case of services, segment revenues would somehow need to double in three years or less,rather than the expected five.</li>\n <li>Acceleration in the share repurchase efforts. Lately, Apple has been retiring its stock at a pace of 5% to 6% per year. I estimate that doubling this rate would be enough to boost EPS to where it needs to be.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Could Apple Stock Price Double In 3 Years?</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\">\nCould Apple Stock Price Double In 3 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 13:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/could-apple-stock-price-double-in-3-years><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple stock has finally awakened ahead of fiscal second quarter earnings, and some investors may be dreaming bigger. For example, could AAPL price double within the next three years?\nApple stockhas ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/could-apple-stock-price-double-in-3-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/could-apple-stock-price-double-in-3-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142633815","content_text":"Apple stock has finally awakened ahead of fiscal second quarter earnings, and some investors may be dreaming bigger. For example, could AAPL price double within the next three years?\nApple stockhas finally breached the $130 level, after spending nearly two months below it – and shares still seem to have some fuel to burn. Why not dream bigger, and project where the stock could be in, say, three years?\nToday, the Apple Maven does some back-of-the-envelope calculations to explain how financial performance and valuation multiples can possibly combine to send AAPL to $250 by 2024, for a respectable annualized return of about 25%.\nFigure 1: Apple Park in Cupertino, California.\nFirst piece of the puzzle: valuation\nThere are several different ways to estimate how much a stock may be worth in the future. In this case, I will keep things simple, and use the traditional price-to-earnings, or P/E ratio methodology.\nP/E is a simple metric that contains two pieces: stock price in the numerator, and earnings per share (EPS) in the denominator. Simple algebra suggests that the future price of a stock can be calculated by multiplying an assumed P/E multiple by actual or estimated EPS.\nThe graph below shows that Apple’s trailing P/E (that is, the valuation multiple derived using past earnings figures) has pulled back from the second half 2020 highs of around 40 times. The bad news is that, even at the current 36 times, the figure is much higher than it has historically been, on average.\nFigure 2: Apple's Price/Earnings.\nThere are good reasons why Apple now trades at a much higher P/E multiple than it did in the past. A few of them include:\n\nFuture growth opportunities have expanded with the 5G upgrade cycle, the expansion of the services portfolio, the rebirth of the Mac and iPad segments,and even the rumored Apple Car\nApple’s financial performance is less dependent on one single product category – the iPhone – than it was in the mid 2010s\nServices, with its higher margins and more predictable revenue inflow, have become a much more important piece of the business\nInterest rates have come down to the closest that they have ever been to zero, which is a tailwind to valuation multiples\n\nThat said, I find it unrealistic to project an increase in Apple stock price based primarily on valuation multiple expansion. I believe that a sustainable trailing P/E of around 35 times is about as high as one should reasonably expect to see in the next few years.\nSecond piece of the puzzle: earnings\nValuation multiples do not tell the whole story, however. Apple stock can also rise on future financial performance, especially if the results beat current expectations.\nAccording to our friends at Seeking Alpha, analysts currently project 2024 earnings per share to land at $5.38. For reference, Apple’s fiscal 2020 earnings reached $3.28.\nNow, let’s travel in time to September 2024, roughly three years from now, at the end of Apple’s fiscal year. At that moment, Apple stock should be worth about $190 per share, given two assumptions:\n\nThe company meets current EPS expectations for fiscal 2024\nThe P/E multiple stays close to current levels, at 35 times\n\nTherefore, for Apple stock price to double in three years primarily on the back of financial performance, the Cupertino company needs to deliver EPS of over $7. That is: rather than growing earnings at an expected annual pace of about 13%, Apple needs to pick up the pace and offer 22% instead.\nThis is quite a tall order, in my view. Three-year growth in earnings at these levels has not happened since the very early days of the iPhone and iPad, two revolutionary product categories that Apple essentially invented.\nTherefore, for Apple stock to get to $250 in three years without valuation multiples climbing to levels never seen before, any (or a combination of) the following would probably need to happen to send EPS through the roof:\n\nAn outstanding 5G super cycle that supports iPhone sales increase comparable to early 2010s levels, when the product category was still in the middle of its growth life cycle;\nA sizable, game-changing product launch that adds revenues where none currently exist. The most likely candidates would be augmented or virtual realitywearable devices,or the Apple Car;\nAggressive monetization of Apple’s user base, primarily through service offerings and cross-selling of wearable and complementary products. In the case of services, segment revenues would somehow need to double in three years or less,rather than the expected five.\nAcceleration in the share repurchase efforts. Lately, Apple has been retiring its stock at a pace of 5% to 6% per year. I estimate that doubling this rate would be enough to boost EPS to where it needs to be.","news_type":1},"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375997382,"gmtCreate":1619273030346,"gmtModify":1704722020313,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Why","listText":"Why","text":"Why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375997382","repostId":"1172227414","repostType":4,"repost":{"id":"1172227414","pubTimestamp":1619185525,"share":"https://ttm.financial/m/news/1172227414?lang=&edition=fundamental","pubTime":"2021-04-23 21:45","market":"hk","language":"en","title":"Alibaba Stock Could Rise 50% After the Regulatory Fine","url":"https://stock-news.laohu8.com/highlight/detail?id=1172227414","media":"InvestorPlace","summary":"BABA stock is worth $345.88, 50% higher, even after a 50% discount due to China’s regulatory crackdo","content":"<p>BABA stock is worth $345.88, 50% higher, even after a 50% discount due to China’s regulatory crackdown</p><p><b>Alibaba</b>&nbsp;(NYSE:<b><u>BABA</u></b>) stock has had a rough year, and had actually fallen 1.7% to $228.64 on April 20 from its 2020 year-end close of $232.75. In fact, over the last year, BABA stock is up just a bit over 10%. That is nothing to write home about. But the truth is the stock is now very cheap, and likely to do much better over the next year.</p><p>This is especially true now that the Chinese e-commerce conglomerate, with a similar business model to&nbsp;<b>Amazon</b>&nbsp;(NASDAQ:<b><u>AMZN)</u></b>, has weathered a lengthy review from Chinese regulators. On April 10, they accepted&nbsp;a $2.8 billion antitrust fine&nbsp;from the State Administration for Market Regulation (SAMR) in the PRC. This is effectively a slap on the wrist, as the fine represents just 4% of its 2019 revenue.</p><p>Analysts were uniform in arguing that this is a relief for BABA stock. One analyst from HSBC pointed out that this would&nbsp;not affect its gross merchandise value(GMV). Apparently what riled regulators were actions from one of Alibaba’s “Tmall flagship stores that are directly operated by brands.” The point is its fundamental business model won’t be changed or affected.</p><p><b>Comparing Alibaba’s Valuation</b></p><p>In my previous&nbsp;article at the end of last year,I compared the valuation of Alibaba stock to Amazon. I found that Alibaba was very cheap, as its price-to-earnings (P/E) ratio was one-third that of Amazon. This was the case even though both had similar price-to-sales ratios.</p><p>Well, the same is true today. For example, BABA stock has a&nbsp;forward P/E ratio (for 2021) of 22 times earnings&nbsp;(year ending March) and just 21 times for 2022, according to<i>Seeking Alpha</i>. Compare this to AMZN stock. Its 2021 forward 2021 P/E multiple (year ending December) is 70 times, and for 2022 is 50 times earnings. This means that Alibaba trades for under a third of the 2021 AMZN stock ratio and 42% of the 2022 ratio.</p><p>Moreover, Alibaba has similar, if not better, free cash flow (FCF) margins as compared to Amazon. For example, according to<i>Seeking Alpha</i>, during the last 12 months (LTM) ending in December 2020, Alibaba&nbsp;generated $27.148.02 billion&nbsp;on $98.686 billion, or a 27.5% FCF margin. But Amazon had $31.02 billion in FCF on $386.06 billion in revenue, or an 8% FCF margin. In other words, Alibaba has 3.4 times the FCF margins of Amazon.</p><p><b>What Alibaba Is Worth</b></p><p>So the Alibaba valuation is out of whack.</p><p>But maybe a 66% discount to the valuation is too much (i.e., the 2021 P/E valuation discount). For example, let’s assume there is just a 50% discount to the comparable 2021 P/E value (to account for the PRC discount) and a 40% discount to the 2022 valuation. That would give BABA stock a P/E ratio of 35 times for 2021 (i.e., 50% x 70 multiple) and a 30 times ratio for 2022 (i.e., 60% x 50 times).</p><p>As a result, the implied discounted 2021 valuation is$356.65 (i.e., $10.19 EPS for 2021 times 35 P/E) and $335.70 for 2022 (i.e., $11.19 2022 EPS x 30 P/E ratio). The average of these two target prices is $345.88 is still 50% above today’s price (April 20).</p><p>So, even after discounting Alibaba’s prospects by 50% for 2021 and 40% for 2022 (assuming the regulatory crackdown abates by then), the stock is still very cheap.</p><p><b>What to Do With BABA Stock</b></p><p>Many analysts fail to properly discount Alibaba’s valuation. They see the discrepancy with Amazon and other Western tech stocks and say this stock is worth three times more.</p><p>No one really knows where any of this regulatory scrutiny could end. It is a massive, volatile, uncertain, and potentially totally destructive risk for owners of BABA stock. The market is not blind to this risk, which is why the stock is so cheap. However, I do believe that the market has overdone the risk discounting. It seems likely now that the stock will rise assuming that the government scrutiny is over.</p><p>This could be a wild ride. Keep in mind that BABA stock carries huge risks, despite its massive profitability.&nbsp; Nevertheless, right now it looks like the stock is worth about 50% more, or $345.88 per share.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Could Rise 50% After the Regulatory Fine</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Could Rise 50% After the Regulatory Fine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 21:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/baba-stock-is-worth-50-percent-more-at-345-88-despite-a-50-percent-prc-discount/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BABA stock is worth $345.88, 50% higher, even after a 50% discount due to China’s regulatory crackdownAlibaba (NYSE:BABA) stock has had a rough year, and had actually fallen 1.7% to $228.64 on April ...</p>\n\n<a href=\"https://investorplace.com/2021/04/baba-stock-is-worth-50-percent-more-at-345-88-despite-a-50-percent-prc-discount/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://investorplace.com/2021/04/baba-stock-is-worth-50-percent-more-at-345-88-despite-a-50-percent-prc-discount/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172227414","content_text":"BABA stock is worth $345.88, 50% higher, even after a 50% discount due to China’s regulatory crackdownAlibaba (NYSE:BABA) stock has had a rough year, and had actually fallen 1.7% to $228.64 on April 20 from its 2020 year-end close of $232.75. In fact, over the last year, BABA stock is up just a bit over 10%. That is nothing to write home about. But the truth is the stock is now very cheap, and likely to do much better over the next year.This is especially true now that the Chinese e-commerce conglomerate, with a similar business model to Amazon (NASDAQ:AMZN), has weathered a lengthy review from Chinese regulators. On April 10, they accepted a $2.8 billion antitrust fine from the State Administration for Market Regulation (SAMR) in the PRC. This is effectively a slap on the wrist, as the fine represents just 4% of its 2019 revenue.Analysts were uniform in arguing that this is a relief for BABA stock. One analyst from HSBC pointed out that this would not affect its gross merchandise value(GMV). Apparently what riled regulators were actions from one of Alibaba’s “Tmall flagship stores that are directly operated by brands.” The point is its fundamental business model won’t be changed or affected.Comparing Alibaba’s ValuationIn my previous article at the end of last year,I compared the valuation of Alibaba stock to Amazon. I found that Alibaba was very cheap, as its price-to-earnings (P/E) ratio was one-third that of Amazon. This was the case even though both had similar price-to-sales ratios.Well, the same is true today. For example, BABA stock has a forward P/E ratio (for 2021) of 22 times earnings (year ending March) and just 21 times for 2022, according toSeeking Alpha. Compare this to AMZN stock. Its 2021 forward 2021 P/E multiple (year ending December) is 70 times, and for 2022 is 50 times earnings. This means that Alibaba trades for under a third of the 2021 AMZN stock ratio and 42% of the 2022 ratio.Moreover, Alibaba has similar, if not better, free cash flow (FCF) margins as compared to Amazon. For example, according toSeeking Alpha, during the last 12 months (LTM) ending in December 2020, Alibaba generated $27.148.02 billion on $98.686 billion, or a 27.5% FCF margin. But Amazon had $31.02 billion in FCF on $386.06 billion in revenue, or an 8% FCF margin. In other words, Alibaba has 3.4 times the FCF margins of Amazon.What Alibaba Is WorthSo the Alibaba valuation is out of whack.But maybe a 66% discount to the valuation is too much (i.e., the 2021 P/E valuation discount). For example, let’s assume there is just a 50% discount to the comparable 2021 P/E value (to account for the PRC discount) and a 40% discount to the 2022 valuation. That would give BABA stock a P/E ratio of 35 times for 2021 (i.e., 50% x 70 multiple) and a 30 times ratio for 2022 (i.e., 60% x 50 times).As a result, the implied discounted 2021 valuation is$356.65 (i.e., $10.19 EPS for 2021 times 35 P/E) and $335.70 for 2022 (i.e., $11.19 2022 EPS x 30 P/E ratio). The average of these two target prices is $345.88 is still 50% above today’s price (April 20).So, even after discounting Alibaba’s prospects by 50% for 2021 and 40% for 2022 (assuming the regulatory crackdown abates by then), the stock is still very cheap.What to Do With BABA StockMany analysts fail to properly discount Alibaba’s valuation. They see the discrepancy with Amazon and other Western tech stocks and say this stock is worth three times more.No one really knows where any of this regulatory scrutiny could end. It is a massive, volatile, uncertain, and potentially totally destructive risk for owners of BABA stock. The market is not blind to this risk, which is why the stock is so cheap. However, I do believe that the market has overdone the risk discounting. It seems likely now that the stock will rise assuming that the government scrutiny is over.This could be a wild ride. Keep in mind that BABA stock carries huge risks, despite its massive profitability.  Nevertheless, right now it looks like the stock is worth about 50% more, or $345.88 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":538,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379523961,"gmtCreate":1618773630953,"gmtModify":1704714692939,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"No good","listText":"No good","text":"No good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379523961","repostId":"2128787868","repostType":4,"repost":{"id":"2128787868","pubTimestamp":1618743662,"share":"https://ttm.financial/m/news/2128787868?lang=&edition=fundamental","pubTime":"2021-04-18 19:01","market":"us","language":"en","title":"Earnings to Watch Next Week: Coca-Cola, United Airlines, NetFlix and SVB Financial in Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2128787868","media":"FX Empire","summary":"Monday (April 19)\nTuesday (April 20)\nWednesday (April 21)\nThursday (April 22)\nFriday (April 23)\n\nEar","content":"<ul>\n <li>Monday (April 19)</li>\n <li>Tuesday (April 20)</li>\n <li>Wednesday (April 21)</li>\n <li>Thursday (April 22)</li>\n <li>Friday (April 23)</li>\n</ul>\n<p>Earnings Calendar For The Week Of April 19</p>\n<h3>Monday (April 19)</h3>\n<h3><b>IN THE SPOTLIGHT: COCA-COLA, UNITED AIRLINES</b></h3>\n<p><b>COCA-COLA: </b>The world’s largest soft drink manufacturer is expected to report its first-quarter earnings of $0.50 per share, which represents a year-over-year decline of about 2% from $0.51 per share seen in the same quarter a year ago.</p>\n<p>The company’s revenue growth to be flat at $8.6 billion. However, in the last two years, on average, Coca-Cola has beaten revenue estimates over 70% and earnings estimates of nearly 90%.</p>\n<p>“Coca-Cola, which has still not seen a full recovery to its pre-COVID-19 level, may be a decent investment opportunity at the moment. The stock traded around $60 pre-COVID in February 2020 and is 11% below that level. However, the stock has gained 40% since its March lows of $37, following the Fed’s stimulus package and measures announced by other economies. The gradual lifting of lockdowns and successful vaccine rollout has further enthused markets in anticipation of faster economic recovery,” noted analysts at TREFIS.</p>\n<p>“However, the stock is unlikely to surpass its pre-Covid level anytime soon, as most of its business depends on demand from people going to entertainment venues, sporting events, etc. These locations are not yet fully operational in most parts of the world. With the recent spike in Covid cases, there are some forms of lockdowns imposed again in certain economies, thus slowing the recovery in demand. Therefore, in the absence of another complete lockdown (as was seen in 2020) and implementation of the vaccination program the stock is likely to rise, but full recovery to February 2020 levels looks unlikely in the near term. KO stock has a potential upside of about 10%.”</p>\n<p><b>UNITED AIRLINES:</b> One of the largest airlines in the world is expected to report a loss for the fifth consecutive time of $6.91 in the first quarter of 2021 on April 19 as the aviation service provider continues to be negatively impacted by the ongoing COVID-19 pandemic and renewed travel restrictions.</p>\n<p>That would represent a year-over-year decline of over 168% from -$2.57 per share seen in the same quarter a year ago. The Chicago-based airline’s revenue would decline about 60% to around $3.3 billion.</p>\n<p>“Most of the US airlines will report 1Q21 earnings the week of April 19 and 26. We expect the focus to be on higher fuel costs, the nascent traffic recovery, and improving the balance sheet. Our focus remains on domestic leisure airlines while watching borders reopening to determine recovery for international traffic. We also expect airlines to talk about repairing their balance sheet,” said Helane Becker, equity analyst at Cowen and Company.</p>\n<p>TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE APRIL 19</p>\n<table width=\"444\">\n <tbody>\n  <tr>\n   <td width=\"64\"><b>Ticker</b></td>\n   <td width=\"266\"><b>Company</b></td>\n   <td width=\"113\"><b>EPS Forecast</b></td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>KO</u></td>\n   <td width=\"266\">Coca-Cola</td>\n   <td width=\"113\">$0.50</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>PLD</u></td>\n   <td width=\"266\">ProLogis</td>\n   <td width=\"113\">$0.37</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>MTB</u></td>\n   <td width=\"266\">M&amp;T Bank</td>\n   <td width=\"113\">$3.00</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ONB</u></td>\n   <td width=\"266\"><a href=\"https://laohu8.com/S/ONB\">Old National Bancorp</a></td>\n   <td width=\"113\">$0.41</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>UAL</u></td>\n   <td width=\"266\">United Airlines Holdings</td>\n   <td width=\"113\">-$6.98</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CCK</u></td>\n   <td width=\"266\">Crown</td>\n   <td width=\"113\">$1.37</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>STLD</u></td>\n   <td width=\"266\"><a href=\"https://laohu8.com/S/STLD\">Steel Dynamics</a></td>\n   <td width=\"113\">$1.84</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ZION</u></td>\n   <td width=\"266\">Zions Bancorporation</td>\n   <td width=\"113\">$1.18</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>PNFP</u></td>\n   <td width=\"266\"><a href=\"https://laohu8.com/S/PNFP\">Pinnacle Financial Partners</a></td>\n   <td width=\"113\">$1.43</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ACC</u></td>\n   <td width=\"266\">American Campus Communities</td>\n   <td width=\"113\">$0.15</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>HXL</u></td>\n   <td width=\"266\">Hexcel</td>\n   <td width=\"113\">-$0.16</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>WTFC</u></td>\n   <td width=\"266\">Wintrust Financial</td>\n   <td width=\"113\">$1.40</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FNB</u></td>\n   <td width=\"266\">FNB</td>\n   <td width=\"113\">$0.25</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SFBS</u></td>\n   <td width=\"266\">ServisFirst Bancshares</td>\n   <td width=\"113\">$0.95</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>HDS</u></td>\n   <td width=\"266\">HD Supply Holdings</td>\n   <td width=\"113\">$0.39</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u><a href=\"https://laohu8.com/S/IBM\">IBM</a></u></td>\n   <td width=\"266\">IBM</td>\n   <td width=\"113\">$1.68</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>EIDX</u></td>\n   <td width=\"266\">Eidos Therapeutics Inc</td>\n   <td width=\"113\">-$0.80</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>LII</u></td>\n   <td width=\"266\">Lennox International</td>\n   <td width=\"113\">$1.25</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CDNS</u></td>\n   <td width=\"266\">Cadence Design Systems</td>\n   <td width=\"113\">$0.74</td>\n  </tr>\n </tbody>\n</table>\n<h3>Tuesday (April 20)</h3>\n<p><b>IN THE SPOTLIGHT: NETFLIX</b></p>\n<p>The California-based global internet entertainment service company is expected to report its first-quarter earnings of $2.97 per share, which represents year-over-year growth of over 90% from $1.57 per share seen in the same quarter a year ago. The streaming video pioneer would post revenue growth of over 23% to around $7.15 billion.</p>\n<p>“We expect paid net adds to be in line with guide, helped in part by ongoing COVID shutdowns in some markets. Our view is supported by our positive 1Q survey data, which implies NFLX continues to lead living room TV apps. We also view the 45% of survey respondents who share passwords as a LT opp’ty for incremental subs. Reiterate Outperform &amp; $675 Price Target,” noted John Blackledge, equity analyst at Cowen and Company.</p>\n<p>TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE APRIL 20</p>\n<table width=\"425\">\n <tbody>\n  <tr>\n   <td width=\"64\"><b>Ticker</b></td>\n   <td width=\"248\"><b>Company</b></td>\n   <td width=\"113\"><b>EPS Forecast</b></td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ABF</u></td>\n   <td width=\"248\">Associated British Foods</td>\n   <td width=\"113\">£17.31</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>XRX</u></td>\n   <td width=\"248\">Xerox</td>\n   <td width=\"113\">$0.29</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>AN</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/AN\">AutoNation</a></td>\n   <td width=\"113\">$1.85</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>DOV</u></td>\n   <td width=\"248\">Dover</td>\n   <td width=\"113\">$1.45</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>JNJ</u></td>\n   <td width=\"248\">Johnson &amp; Johnson</td>\n   <td width=\"113\">$2.33</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>PG</u></td>\n   <td width=\"248\">Procter &amp; Gamble</td>\n   <td width=\"113\">$1.19</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ABT</u></td>\n   <td width=\"248\">Abbott</td>\n   <td width=\"113\">$1.27</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>PM</u></td>\n   <td width=\"248\">Philip Morris International</td>\n   <td width=\"113\">$1.40</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>LMT</u></td>\n   <td width=\"248\">Lockheed Martin</td>\n   <td width=\"113\">$6.31</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>DANOY</u></td>\n   <td width=\"248\">Danone PK</td>\n   <td width=\"113\">$0.46</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>TRV</u></td>\n   <td width=\"248\">Travelers Companies</td>\n   <td width=\"113\">$2.38</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FITB</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/FITBO\">Fifth Third Bancorp</a></td>\n   <td width=\"113\">$0.69</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>EDU</u></td>\n   <td width=\"248\">New Oriental Education Tech</td>\n   <td width=\"113\">$0.06</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>NTRS</u></td>\n   <td width=\"248\">Northern</td>\n   <td width=\"113\">$1.49</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>KEY</u></td>\n   <td width=\"248\">KEY</td>\n   <td width=\"113\">$0.47</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>OMC</u></td>\n   <td width=\"248\">Omnicom</td>\n   <td width=\"113\">$1.13</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CMA</u></td>\n   <td width=\"248\">Comerica</td>\n   <td width=\"113\">$1.38</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SNV</u></td>\n   <td width=\"248\">Synovus Financial</td>\n   <td width=\"113\">$0.93</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>HOG</u></td>\n   <td width=\"248\">Harley Davidson</td>\n   <td width=\"113\">$0.90</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>IRDM</u></td>\n   <td width=\"248\">Iridium Communications</td>\n   <td width=\"113\">-$0.05</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>MAN</u></td>\n   <td width=\"248\">ManpowerGroup</td>\n   <td width=\"113\">$0.67</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>WBS</u></td>\n   <td width=\"248\">Webster Financial</td>\n   <td width=\"113\">$0.90</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>GATX</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/GMT\">GATX Corp</a></td>\n   <td width=\"113\">$0.89</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SFNC</u></td>\n   <td width=\"248\">Simmons First National</td>\n   <td width=\"113\">$0.52</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>BMI</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/BMI\">Badger Meter</a></td>\n   <td width=\"113\">$0.42</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>NFLX</u></td>\n   <td width=\"248\">Netflix</td>\n   <td width=\"113\">$2.97</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ISRG</u></td>\n   <td width=\"248\">Intuitive Surgical</td>\n   <td width=\"113\">$2.64</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CSX</u></td>\n   <td width=\"248\">CSX</td>\n   <td width=\"113\">$0.96</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>EW</u></td>\n   <td width=\"248\">Edwards Lifesciences</td>\n   <td width=\"113\">$0.47</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>WRB</u></td>\n   <td width=\"248\">W.R. Berkley</td>\n   <td width=\"113\">$0.83</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>IBKR</u></td>\n   <td width=\"248\">Interactive Brokers</td>\n   <td width=\"113\">$0.87</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>THC</u></td>\n   <td width=\"248\">Tenet Healthcare</td>\n   <td width=\"113\">$0.73</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>HWC</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/HWCPZ\">Hancock Whitney Corp</a></td>\n   <td width=\"113\">$0.97</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>UCBI</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/UCBI\">United Community Banks</a></td>\n   <td width=\"113\">$0.64</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FULT</u></td>\n   <td width=\"248\">Fulton Financial</td>\n   <td width=\"113\">$0.35</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FMBI</u></td>\n   <td width=\"248\">First Midwest Bancorp</td>\n   <td width=\"113\">$0.37</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>EMR</u></td>\n   <td width=\"248\">Emerson Electric</td>\n   <td width=\"113\">$0.89</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>PCAR</u></td>\n   <td width=\"248\">PACCAR</td>\n   <td width=\"113\">$1.29</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>TER</u></td>\n   <td width=\"248\">Teradyne</td>\n   <td width=\"113\">$1.04</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ENTG</u></td>\n   <td width=\"248\">Entegris</td>\n   <td width=\"113\">$0.72</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CIT</u></td>\n   <td width=\"248\">CIT</td>\n   <td width=\"113\">$0.98</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>AVNT</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/AVNT\">Avient Corp</a></td>\n   <td width=\"113\">$0.71</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ELS</u></td>\n   <td width=\"248\">Equity Lifestyle Properties</td>\n   <td width=\"113\">$0.35</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>PACW</u></td>\n   <td width=\"248\">Pacwest Bancorp</td>\n   <td width=\"113\">$0.91</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>BECN</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/BECN\">Beacon Roofing Supply</a></td>\n   <td width=\"113\">$0.08</td>\n  </tr>\n </tbody>\n</table>\n<h3>Wednesday (April 21)</h3>\n<p><b>IN THE SPOTLIGHT: <a href=\"https://laohu8.com/S/0A85.UK\">SIGNATURE BANK</a></b></p>\n<p>The New York-based full-service commercial bank is expected to report its first-quarter earnings of $2.85 per share, which represents year-over-year growth of over 50% from $1.88 per share seen in the same quarter a year ago. The bank would post revenue growth of about 18% to around $428 million.</p>\n<p>“SBNY has a unique business model, with its single-point-of-contact bankers, excellent credit culture, and a highly efficient operating structure. Its loan growth continues to outpace peers, given its relatively new focus on growing its PE/VC capital call lending business, while strategically de-emphasizing its NYC MF portfolio,” Ken Zerbe, equity analyst at <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>.</p>\n<p>“While we do expect losses in SBNY’s CRE portfolio, we believe the market is overly discounting this in the stock price, particularly given its strong underwriting history and conservative lending.”</p>\n<p>TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE APRIL 21</p>\n<table width=\"434\">\n <tbody>\n  <tr>\n   <td width=\"64\"><b>Ticker</b></td>\n   <td width=\"248\"><b>Company</b></td>\n   <td width=\"123\"><b>EPS Forecast</b></td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>HCSG</u></td>\n   <td width=\"248\">Healthcare Services</td>\n   <td width=\"123\">$0.27</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ERIC</u></td>\n   <td width=\"248\">Ericsson</td>\n   <td width=\"123\">$0.11</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>TEL</u></td>\n   <td width=\"248\">TE Connectivity</td>\n   <td width=\"123\">$1.48</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>NDAQ</u></td>\n   <td width=\"248\">Nasdaq Omx</td>\n   <td width=\"123\">$1.72</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>RCI</u></td>\n   <td width=\"248\">Rogers Communications USA</td>\n   <td width=\"123\">$0.53</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>BKR</u></td>\n   <td width=\"248\">Baker Hughes Co</td>\n   <td width=\"123\">$0.11</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>HAL</u></td>\n   <td width=\"248\">Halliburton</td>\n   <td width=\"123\">$0.17</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>RANJY</u></td>\n   <td width=\"248\">Randstad Holdings</td>\n   <td width=\"123\">$0.46</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SBNY</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a></td>\n   <td width=\"123\">$2.85</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FHN</u></td>\n   <td width=\"248\">First Horizon National</td>\n   <td width=\"123\">$0.35</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>KNX</u></td>\n   <td width=\"248\">Knight Transportation</td>\n   <td width=\"123\">$0.70</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>BOKF</u></td>\n   <td width=\"248\">BOK Financial</td>\n   <td width=\"123\">$1.92</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>NEP</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/NEP\">Nextera Energy Partners</a></td>\n   <td width=\"123\">$0.33</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FCFS</u></td>\n   <td width=\"248\">FirstCash</td>\n   <td width=\"123\">$0.70</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ASML</u></td>\n   <td width=\"248\">ASML</td>\n   <td width=\"123\">$3.06</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>NEE</u></td>\n   <td width=\"248\">NextEra Energy</td>\n   <td width=\"123\">$0.58</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ANTM</u></td>\n   <td width=\"248\">Anthem</td>\n   <td width=\"123\">$6.38</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>LAD</u></td>\n   <td width=\"248\">Lithia Motors</td>\n   <td width=\"123\">$4.74</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CP</u></td>\n   <td width=\"248\">Canadian Pacific Railway USA</td>\n   <td width=\"123\">$4.35</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CACI</u></td>\n   <td width=\"248\">Caci International</td>\n   <td width=\"123\">$3.68</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CMG</u></td>\n   <td width=\"248\">Chipotle Mexican Grill</td>\n   <td width=\"123\">$4.89</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>KMI</u></td>\n   <td width=\"248\">Kinder Morgan</td>\n   <td width=\"123\">$0.24</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>DFS</u></td>\n   <td width=\"248\">Discover Financial Services</td>\n   <td width=\"123\">$2.81</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>WHR</u></td>\n   <td width=\"248\">Whirlpool</td>\n   <td width=\"123\">$5.04</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>GGG</u></td>\n   <td width=\"248\">Graco</td>\n   <td width=\"123\">$0.50</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>GL</u></td>\n   <td width=\"248\">Globe Life Inc</td>\n   <td width=\"123\">$1.63</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SLM</u></td>\n   <td width=\"248\">SLM</td>\n   <td width=\"123\">$1.05</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>REXR</u></td>\n   <td width=\"248\">Rexford Industrial Realty</td>\n   <td width=\"123\">$0.06</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>LSTR</u></td>\n   <td width=\"248\">Landstar System</td>\n   <td width=\"123\">$1.63</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FR</u></td>\n   <td width=\"248\">First Industrial Realty</td>\n   <td width=\"123\">$0.24</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>RLI</u></td>\n   <td width=\"248\">RLI</td>\n   <td width=\"123\">$0.66</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>VMI</u></td>\n   <td width=\"248\">Valmont Industries</td>\n   <td width=\"123\">$1.92</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SLG</u></td>\n   <td width=\"248\">SL Green Realty</td>\n   <td width=\"123\">-$0.14</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>UFPI</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/UFPI\">Universal Forest Products</a></td>\n   <td width=\"123\">$0.87</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>UMPQ</u></td>\n   <td width=\"248\">Umpqua</td>\n   <td width=\"123\">$0.44</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>TCBI</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/TCBI\">Texas Capital Bancshares</a></td>\n   <td width=\"123\">$1.09</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>BXS</u></td>\n   <td width=\"248\">BancorpSouth</td>\n   <td width=\"123\">$0.63</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SNBR</u></td>\n   <td width=\"248\">Scs Group Plc</td>\n   <td width=\"123\">$1.85</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CNS</u></td>\n   <td width=\"248\">Cohen &amp; Steers</td>\n   <td width=\"123\">$0.76</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>RUSHA</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/RUSHA\">Rush Enterprises</a></td>\n   <td width=\"123\">$0.52</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>PLXS</u></td>\n   <td width=\"248\">Plexus</td>\n   <td width=\"123\">$1.25</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>TBK</u></td>\n   <td width=\"248\">Triumph Bancorp</td>\n   <td width=\"123\">$0.91</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>BDN</u></td>\n   <td width=\"248\">Brandywine Realty</td>\n   <td width=\"123\">$0.02</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>EFX</u></td>\n   <td width=\"248\">Equifax</td>\n   <td width=\"123\">$1.53</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>LRCX</u></td>\n   <td width=\"248\">Lam Research</td>\n   <td width=\"123\">$6.60</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CCI</u></td>\n   <td width=\"248\">Crown Castle International</td>\n   <td width=\"123\">$0.53</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>STL</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/STL\">Sterling Bancorp</a></td>\n   <td width=\"123\">$0.46</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CHDN</u></td>\n   <td width=\"248\"><a href=\"https://laohu8.com/S/CHDN\">Churchill Downs</a></td>\n   <td width=\"123\">$0.64</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>NWE</u></td>\n   <td width=\"248\">Northwestern</td>\n   <td width=\"123\">$1.12</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>RHI</u></td>\n   <td width=\"248\">Robert Half International</td>\n   <td width=\"123\">$0.80</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SEIC</u></td>\n   <td width=\"248\">SEI Investments</td>\n   <td width=\"123\">$0.88</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CVBF</u></td>\n   <td width=\"248\">CVB Financial</td>\n   <td width=\"123\">$0.37</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>LVS</u></td>\n   <td width=\"248\">Las Vegas Sands</td>\n   <td width=\"123\">-$0.27</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>PKX</u></td>\n   <td width=\"248\">Posco</td>\n   <td width=\"123\">$2.22</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>URI</u></td>\n   <td width=\"248\">United Rentals</td>\n   <td width=\"123\">$3.08</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>BZLFY</u></td>\n   <td width=\"248\">Bunzl plc</td>\n   <td width=\"123\">$0.15</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ELISA</u></td>\n   <td width=\"248\">Elisa Oyj</td>\n   <td width=\"123\">€0.51</td>\n  </tr>\n </tbody>\n</table>\n<h3>Thursday (April 22)</h3>\n<p><b>IN THE SPOTLIGHT: SVB FINANCIAL</b></p>\n<p>The parent of Silicon Valley Bank is expected to report its first-quarter earnings of $6.47 per share, which represents year-over-year growth of about 153% from $2.55 per share seen in the same quarter a year ago.</p>\n<p>In the last four consecutive quarters, on average, the company has delivered an earnings surprise of over 45%. The Santa Clara, California-based company would post revenue growth of over 50% to about $1.24 billion.</p>\n<p>“SIVB is <a href=\"https://laohu8.com/S/AONE\">one</a> of the fastest-growing banks in our coverage universe, with an average of 20%+ loan and deposit growth annually since 2010, with the growth driven by its unique niche of lending to the technology and life sciences industries, including PE and VC capital call lines. While we expect growth to slow, we still see low-teens loan growth (well above peers) for the next several years,” noted Ken Zerbe, equity analyst at Morgan Stanley.</p>\n<p>“We are Equal-weight the shares due to valuation. SIVB is trading at just over 20x forward earnings and more than 10 P/E points above its peers (versus a 4-6x multiple premium that we believe it deserves). SIVB‘s earnings are highly sensitive to changes in Fed funds. Rate increases would drive higher EPS.”</p>\n<p>TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE APRIL 22</p>\n<table width=\"501\">\n <tbody>\n  <tr>\n   <td width=\"64\"><b>Ticker</b></td>\n   <td width=\"292\"><b>Company</b></td>\n   <td width=\"144\"><b>EPS Forecast</b></td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>WSO</u></td>\n   <td width=\"292\">Watsco</td>\n   <td width=\"144\">$0.88</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>LUV</u></td>\n   <td width=\"292\">Southwest Airlines</td>\n   <td width=\"144\">-$1.88</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>VLO</u></td>\n   <td width=\"292\">Valero Energy</td>\n   <td width=\"144\">-$1.56</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>AAL</u></td>\n   <td width=\"292\">American Airlines</td>\n   <td width=\"144\">-$4.18</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>HCA</u></td>\n   <td width=\"292\">HCA</td>\n   <td width=\"144\">$3.31</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SAP</u></td>\n   <td width=\"292\">SAP</td>\n   <td width=\"144\">$1.21</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>GPC</u></td>\n   <td width=\"292\">Genuine Parts</td>\n   <td width=\"144\">$1.14</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FRME</u></td>\n   <td width=\"292\">First Merchants</td>\n   <td width=\"144\">$0.78</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>NUE</u></td>\n   <td width=\"292\">Nucor</td>\n   <td width=\"144\">$3.07</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FCX</u></td>\n   <td width=\"292\">Freeport-McMoran</td>\n   <td width=\"144\">$0.51</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>PNR</u></td>\n   <td width=\"292\">Pentair Ordinary Share</td>\n   <td width=\"144\">$0.61</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ALK</u></td>\n   <td width=\"292\">Alaska Air</td>\n   <td width=\"144\">-$3.68</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SASR</u></td>\n   <td width=\"292\"><a href=\"https://laohu8.com/S/SASR\">Sandy Spring Bancorp</a></td>\n   <td width=\"144\">$1.02</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ORI</u></td>\n   <td width=\"292\">Old Republic International</td>\n   <td width=\"144\">$0.46</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>DOW</u></td>\n   <td width=\"292\">Dow Chemical</td>\n   <td width=\"144\">$1.10</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>DHR</u></td>\n   <td width=\"292\">Danaher</td>\n   <td width=\"144\">$1.74</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>WNS</u></td>\n   <td width=\"292\">Wns Holdings</td>\n   <td width=\"144\">$0.69</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FAF</u></td>\n   <td width=\"292\">First American Financial</td>\n   <td width=\"144\">$1.31</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>RS</u></td>\n   <td width=\"292\">Reliance Steel &amp; Aluminum</td>\n   <td width=\"144\">$3.55</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>T</u></td>\n   <td width=\"292\">AT&amp;T</td>\n   <td width=\"144\">$0.78</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>UNP</u></td>\n   <td width=\"292\">Union Pacific</td>\n   <td width=\"144\">$2.08</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>TPH</u></td>\n   <td width=\"292\">Tri Pointe Homes</td>\n   <td width=\"144\">$0.47</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>TAL</u></td>\n   <td width=\"292\">TAL International</td>\n   <td width=\"144\">-$0.23</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>HBAN</u></td>\n   <td width=\"292\">Huntington Bancshares</td>\n   <td width=\"144\">$0.32</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>AEP</u></td>\n   <td width=\"292\">American Electric Power</td>\n   <td width=\"144\">$1.18</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>BIIB</u></td>\n   <td width=\"292\">Biogen</td>\n   <td width=\"144\">$5.02</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>DHI</u></td>\n   <td width=\"292\">DR Horton</td>\n   <td width=\"144\">$2.18</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>EWBC</u></td>\n   <td width=\"292\">East West Bancorp</td>\n   <td width=\"144\">$1.25</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>BX</u></td>\n   <td width=\"292\">Blackstone</td>\n   <td width=\"144\">$0.75</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>DGX</u></td>\n   <td width=\"292\">Quest Diagnostics</td>\n   <td width=\"144\">$3.74</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>POOL</u></td>\n   <td width=\"292\">Pool</td>\n   <td width=\"144\">$1.14</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ALLE</u></td>\n   <td width=\"292\">Allegion</td>\n   <td width=\"144\">$1.02</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CLF</u></td>\n   <td width=\"292\">Cliffs Natural Resources</td>\n   <td width=\"144\">$0.35</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>TSCO</u></td>\n   <td width=\"292\">Tractor Supply</td>\n   <td width=\"144\">$0.97</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>TRN</u></td>\n   <td width=\"292\">Trinity Industries</td>\n   <td width=\"144\">$0.06</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>MKTX</u></td>\n   <td width=\"292\">MarketAxess</td>\n   <td width=\"144\">$2.12</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>BKU</u></td>\n   <td width=\"292\"><a href=\"https://laohu8.com/S/BKU\">BankUnited</a></td>\n   <td width=\"144\">$0.74</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SNA</u></td>\n   <td width=\"292\">Snap-On</td>\n   <td width=\"144\">$3.03</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>IQV</u></td>\n   <td width=\"292\"><a href=\"https://laohu8.com/S/IQV\">IQVIA</a> Holdings Inc</td>\n   <td width=\"144\">$1.85</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SON</u></td>\n   <td width=\"292\">Sonoco Products</td>\n   <td width=\"144\">$0.86</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ODFL</u></td>\n   <td width=\"292\"><a href=\"https://laohu8.com/S/ODFL\">Old Dominion Freight Line</a></td>\n   <td width=\"144\">$1.58</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SKX</u></td>\n   <td width=\"292\">Skechers USA</td>\n   <td width=\"144\">$0.49</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>INDB</u></td>\n   <td width=\"292\">Independent Bank</td>\n   <td width=\"144\">$1.09</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>HTH</u></td>\n   <td width=\"292\">Hilltop</td>\n   <td width=\"144\">$1.01</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CE</u></td>\n   <td width=\"292\">Celanese</td>\n   <td width=\"144\">$2.98</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>OZK</u></td>\n   <td width=\"292\"><a href=\"https://laohu8.com/S/OZK\">Bank Ozk</a></td>\n   <td width=\"144\">$0.86</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FFBC</u></td>\n   <td width=\"292\">First Financial Bancorp</td>\n   <td width=\"144\">$0.47</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CSL</u></td>\n   <td width=\"292\">Carlisle Companies</td>\n   <td width=\"144\">$0.68</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SAM</u></td>\n   <td width=\"292\">Boston Beer</td>\n   <td width=\"144\">$2.60</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>STX</u></td>\n   <td width=\"292\">Seagate Technology</td>\n   <td width=\"144\">$1.33</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>VICR</u></td>\n   <td width=\"292\">Vicor</td>\n   <td width=\"144\">$0.19</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>WWE</u></td>\n   <td width=\"292\">World Wrestling Entertainment</td>\n   <td width=\"144\">$0.20</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ABCB</u></td>\n   <td width=\"292\">Ameris Bancorp</td>\n   <td width=\"144\">$1.13</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ARI</u></td>\n   <td width=\"292\">Apollo Commercial Real Est Finance</td>\n   <td width=\"144\">$0.33</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>GBCI</u></td>\n   <td width=\"292\">Glacier Bancorp</td>\n   <td width=\"144\">$0.75</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SBCF</u></td>\n   <td width=\"292\">Seacoast Banking Of Florida</td>\n   <td width=\"144\">$0.48</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>VRSN</u></td>\n   <td width=\"292\">Verisign</td>\n   <td width=\"144\">$1.34</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>MAT</u></td>\n   <td width=\"292\">Mattel</td>\n   <td width=\"144\">-$0.34</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>WSFS</u></td>\n   <td width=\"292\">Wsfs Financial</td>\n   <td width=\"144\">$0.86</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SNAP</u></td>\n   <td width=\"292\">Snap</td>\n   <td width=\"144\">-$0.21</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SIVB</u></td>\n   <td width=\"292\">SVB Financial</td>\n   <td width=\"144\">$6.47</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ASB</u></td>\n   <td width=\"292\">Associated Banc</td>\n   <td width=\"144\">$0.43</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FE</u></td>\n   <td width=\"292\">FirstEnergy</td>\n   <td width=\"144\">$0.69</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ADS</u></td>\n   <td width=\"292\">Alliance Data Systems</td>\n   <td width=\"144\">$3.21</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CTXS</u></td>\n   <td width=\"292\">Citrix Systems</td>\n   <td width=\"144\">$1.42</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>PBCT</u></td>\n   <td width=\"292\">People’s United Financial</td>\n   <td width=\"144\">$0.34</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CAJ</u></td>\n   <td width=\"292\">Canon</td>\n   <td width=\"144\">$0.27</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>WST</u></td>\n   <td width=\"292\">West Pharmaceutical Services</td>\n   <td width=\"144\">$1.42</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>NVR</u></td>\n   <td width=\"292\">NVR</td>\n   <td width=\"144\">$61.90</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>FFIN</u></td>\n   <td width=\"292\">First Financial Bankshares</td>\n   <td width=\"144\">$0.37</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>VVV</u></td>\n   <td width=\"292\"><a href=\"https://laohu8.com/S/VVV\">Valvoline Inc</a></td>\n   <td width=\"144\">$0.37</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SAFE</u></td>\n   <td width=\"292\">3 Sixty Risk</td>\n   <td width=\"144\">$0.33</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ASR</u></td>\n   <td width=\"292\">Grupo Aeroportuario Del Sureste</td>\n   <td width=\"144\">$23.55</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ORAN</u></td>\n   <td width=\"292\"><a href=\"https://laohu8.com/S/ORAN\">Orange</a></td>\n   <td width=\"144\">$0.24</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>INTC</u></td>\n   <td width=\"292\">Intel</td>\n   <td width=\"144\">$1.14</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>KPELY</u></td>\n   <td width=\"292\">Keppel Corporation</td>\n   <td width=\"144\">$0.14</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SAVE</u></td>\n   <td width=\"292\"><a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines</a></td>\n   <td width=\"144\">-$2.55</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>CS</u></td>\n   <td width=\"292\">Credit Suisse</td>\n   <td width=\"144\">-$0.40</td>\n  </tr>\n </tbody>\n</table>\n<h2>Friday (April 23)</h2>\n<table width=\"501\">\n <tbody>\n  <tr>\n   <td width=\"64\"><b>Ticker</b></td>\n   <td width=\"219\"><b>Company</b></td>\n   <td width=\"217\"><b>EPS Forecast</b></td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SXT</u></td>\n   <td width=\"219\">Sensient Technologies</td>\n   <td width=\"217\">$0.75</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>ALV</u></td>\n   <td width=\"219\">Autoliv</td>\n   <td width=\"217\">$1.43</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>SLB</u></td>\n   <td width=\"219\">Schlumberger</td>\n   <td width=\"217\">$0.18</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>AXP</u></td>\n   <td width=\"219\">American <a href=\"https://laohu8.com/S/EXPR\">Express</a></td>\n   <td width=\"217\">$1.60</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>KMB</u></td>\n   <td width=\"219\">Kimberly Clark</td>\n   <td width=\"217\">$1.93</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>HON</u></td>\n   <td width=\"219\">Honeywell International</td>\n   <td width=\"217\">$1.80</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>RF</u></td>\n   <td width=\"219\">Regions Financial</td>\n   <td width=\"217\">$0.47</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>GNTX</u></td>\n   <td width=\"219\">Gentex</td>\n   <td width=\"217\">$0.49</td>\n  </tr>\n  <tr>\n   <td width=\"64\"><u>E</u></td>\n   <td width=\"219\">ENI</td>\n   <td width=\"217\">$0.42</td>\n  </tr>\n </tbody>\n</table>\n<p><i>This article was originally posted on FX Empire.</i></p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings to Watch Next Week: Coca-Cola, United Airlines, NetFlix and SVB Financial in Focus</title>\n<style 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}\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\">\nEarnings to Watch Next Week: Coca-Cola, United Airlines, NetFlix and SVB Financial in Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-18 19:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/earnings-watch-next-week-coca-110102849.html><strong>FX Empire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Monday (April 19)\nTuesday (April 20)\nWednesday (April 21)\nThursday (April 22)\nFriday (April 23)\n\nEarnings Calendar For The Week Of April 19\nMonday (April 19)\nIN THE SPOTLIGHT: COCA-COLA, UNITED ...</p>\n\n<a href=\"https://finance.yahoo.com/news/earnings-watch-next-week-coca-110102849.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KO":"可口可乐","NFLX":"奈飞","00467":"联合能源集团","UAL":"联合大陆航空","UBCP":"联合合众银行"},"source_url":"https://finance.yahoo.com/news/earnings-watch-next-week-coca-110102849.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2128787868","content_text":"Monday (April 19)\nTuesday (April 20)\nWednesday (April 21)\nThursday (April 22)\nFriday (April 23)\n\nEarnings Calendar For The Week Of April 19\nMonday (April 19)\nIN THE SPOTLIGHT: COCA-COLA, UNITED AIRLINES\nCOCA-COLA: The world’s largest soft drink manufacturer is expected to report its first-quarter earnings of $0.50 per share, which represents a year-over-year decline of about 2% from $0.51 per share seen in the same quarter a year ago.\nThe company’s revenue growth to be flat at $8.6 billion. However, in the last two years, on average, Coca-Cola has beaten revenue estimates over 70% and earnings estimates of nearly 90%.\n“Coca-Cola, which has still not seen a full recovery to its pre-COVID-19 level, may be a decent investment opportunity at the moment. The stock traded around $60 pre-COVID in February 2020 and is 11% below that level. However, the stock has gained 40% since its March lows of $37, following the Fed’s stimulus package and measures announced by other economies. The gradual lifting of lockdowns and successful vaccine rollout has further enthused markets in anticipation of faster economic recovery,” noted analysts at TREFIS.\n“However, the stock is unlikely to surpass its pre-Covid level anytime soon, as most of its business depends on demand from people going to entertainment venues, sporting events, etc. These locations are not yet fully operational in most parts of the world. With the recent spike in Covid cases, there are some forms of lockdowns imposed again in certain economies, thus slowing the recovery in demand. Therefore, in the absence of another complete lockdown (as was seen in 2020) and implementation of the vaccination program the stock is likely to rise, but full recovery to February 2020 levels looks unlikely in the near term. KO stock has a potential upside of about 10%.”\nUNITED AIRLINES: One of the largest airlines in the world is expected to report a loss for the fifth consecutive time of $6.91 in the first quarter of 2021 on April 19 as the aviation service provider continues to be negatively impacted by the ongoing COVID-19 pandemic and renewed travel restrictions.\nThat would represent a year-over-year decline of over 168% from -$2.57 per share seen in the same quarter a year ago. The Chicago-based airline’s revenue would decline about 60% to around $3.3 billion.\n“Most of the US airlines will report 1Q21 earnings the week of April 19 and 26. We expect the focus to be on higher fuel costs, the nascent traffic recovery, and improving the balance sheet. Our focus remains on domestic leisure airlines while watching borders reopening to determine recovery for international traffic. We also expect airlines to talk about repairing their balance sheet,” said Helane Becker, equity analyst at Cowen and Company.\nTAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE APRIL 19\n\n\n\nTicker\nCompany\nEPS Forecast\n\n\nKO\nCoca-Cola\n$0.50\n\n\nPLD\nProLogis\n$0.37\n\n\nMTB\nM&T Bank\n$3.00\n\n\nONB\nOld National Bancorp\n$0.41\n\n\nUAL\nUnited Airlines Holdings\n-$6.98\n\n\nCCK\nCrown\n$1.37\n\n\nSTLD\nSteel Dynamics\n$1.84\n\n\nZION\nZions Bancorporation\n$1.18\n\n\nPNFP\nPinnacle Financial Partners\n$1.43\n\n\nACC\nAmerican Campus Communities\n$0.15\n\n\nHXL\nHexcel\n-$0.16\n\n\nWTFC\nWintrust Financial\n$1.40\n\n\nFNB\nFNB\n$0.25\n\n\nSFBS\nServisFirst Bancshares\n$0.95\n\n\nHDS\nHD Supply Holdings\n$0.39\n\n\nIBM\nIBM\n$1.68\n\n\nEIDX\nEidos Therapeutics Inc\n-$0.80\n\n\nLII\nLennox International\n$1.25\n\n\nCDNS\nCadence Design Systems\n$0.74\n\n\n\nTuesday (April 20)\nIN THE SPOTLIGHT: NETFLIX\nThe California-based global internet entertainment service company is expected to report its first-quarter earnings of $2.97 per share, which represents year-over-year growth of over 90% from $1.57 per share seen in the same quarter a year ago. The streaming video pioneer would post revenue growth of over 23% to around $7.15 billion.\n“We expect paid net adds to be in line with guide, helped in part by ongoing COVID shutdowns in some markets. Our view is supported by our positive 1Q survey data, which implies NFLX continues to lead living room TV apps. We also view the 45% of survey respondents who share passwords as a LT opp’ty for incremental subs. Reiterate Outperform & $675 Price Target,” noted John Blackledge, equity analyst at Cowen and Company.\nTAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE APRIL 20\n\n\n\nTicker\nCompany\nEPS Forecast\n\n\nABF\nAssociated British Foods\n£17.31\n\n\nXRX\nXerox\n$0.29\n\n\nAN\nAutoNation\n$1.85\n\n\nDOV\nDover\n$1.45\n\n\nJNJ\nJohnson & Johnson\n$2.33\n\n\nPG\nProcter & Gamble\n$1.19\n\n\nABT\nAbbott\n$1.27\n\n\nPM\nPhilip Morris International\n$1.40\n\n\nLMT\nLockheed Martin\n$6.31\n\n\nDANOY\nDanone PK\n$0.46\n\n\nTRV\nTravelers Companies\n$2.38\n\n\nFITB\nFifth Third Bancorp\n$0.69\n\n\nEDU\nNew Oriental Education Tech\n$0.06\n\n\nNTRS\nNorthern\n$1.49\n\n\nKEY\nKEY\n$0.47\n\n\nOMC\nOmnicom\n$1.13\n\n\nCMA\nComerica\n$1.38\n\n\nSNV\nSynovus Financial\n$0.93\n\n\nHOG\nHarley Davidson\n$0.90\n\n\nIRDM\nIridium Communications\n-$0.05\n\n\nMAN\nManpowerGroup\n$0.67\n\n\nWBS\nWebster Financial\n$0.90\n\n\nGATX\nGATX Corp\n$0.89\n\n\nSFNC\nSimmons First National\n$0.52\n\n\nBMI\nBadger Meter\n$0.42\n\n\nNFLX\nNetflix\n$2.97\n\n\nISRG\nIntuitive Surgical\n$2.64\n\n\nCSX\nCSX\n$0.96\n\n\nEW\nEdwards Lifesciences\n$0.47\n\n\nWRB\nW.R. Berkley\n$0.83\n\n\nIBKR\nInteractive Brokers\n$0.87\n\n\nTHC\nTenet Healthcare\n$0.73\n\n\nHWC\nHancock Whitney Corp\n$0.97\n\n\nUCBI\nUnited Community Banks\n$0.64\n\n\nFULT\nFulton Financial\n$0.35\n\n\nFMBI\nFirst Midwest Bancorp\n$0.37\n\n\nEMR\nEmerson Electric\n$0.89\n\n\nPCAR\nPACCAR\n$1.29\n\n\nTER\nTeradyne\n$1.04\n\n\nENTG\nEntegris\n$0.72\n\n\nCIT\nCIT\n$0.98\n\n\nAVNT\nAvient Corp\n$0.71\n\n\nELS\nEquity Lifestyle Properties\n$0.35\n\n\nPACW\nPacwest Bancorp\n$0.91\n\n\nBECN\nBeacon Roofing Supply\n$0.08\n\n\n\nWednesday (April 21)\nIN THE SPOTLIGHT: SIGNATURE BANK\nThe New York-based full-service commercial bank is expected to report its first-quarter earnings of $2.85 per share, which represents year-over-year growth of over 50% from $1.88 per share seen in the same quarter a year ago. The bank would post revenue growth of about 18% to around $428 million.\n“SBNY has a unique business model, with its single-point-of-contact bankers, excellent credit culture, and a highly efficient operating structure. Its loan growth continues to outpace peers, given its relatively new focus on growing its PE/VC capital call lending business, while strategically de-emphasizing its NYC MF portfolio,” Ken Zerbe, equity analyst at Morgan Stanley.\n“While we do expect losses in SBNY’s CRE portfolio, we believe the market is overly discounting this in the stock price, particularly given its strong underwriting history and conservative lending.”\nTAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE APRIL 21\n\n\n\nTicker\nCompany\nEPS Forecast\n\n\nHCSG\nHealthcare Services\n$0.27\n\n\nERIC\nEricsson\n$0.11\n\n\nTEL\nTE Connectivity\n$1.48\n\n\nNDAQ\nNasdaq Omx\n$1.72\n\n\nRCI\nRogers Communications USA\n$0.53\n\n\nBKR\nBaker Hughes Co\n$0.11\n\n\nHAL\nHalliburton\n$0.17\n\n\nRANJY\nRandstad Holdings\n$0.46\n\n\nSBNY\nSignature Bank\n$2.85\n\n\nFHN\nFirst Horizon National\n$0.35\n\n\nKNX\nKnight Transportation\n$0.70\n\n\nBOKF\nBOK Financial\n$1.92\n\n\nNEP\nNextera Energy Partners\n$0.33\n\n\nFCFS\nFirstCash\n$0.70\n\n\nASML\nASML\n$3.06\n\n\nNEE\nNextEra Energy\n$0.58\n\n\nANTM\nAnthem\n$6.38\n\n\nLAD\nLithia Motors\n$4.74\n\n\nCP\nCanadian Pacific Railway USA\n$4.35\n\n\nCACI\nCaci International\n$3.68\n\n\nCMG\nChipotle Mexican Grill\n$4.89\n\n\nKMI\nKinder Morgan\n$0.24\n\n\nDFS\nDiscover Financial Services\n$2.81\n\n\nWHR\nWhirlpool\n$5.04\n\n\nGGG\nGraco\n$0.50\n\n\nGL\nGlobe Life Inc\n$1.63\n\n\nSLM\nSLM\n$1.05\n\n\nREXR\nRexford Industrial Realty\n$0.06\n\n\nLSTR\nLandstar System\n$1.63\n\n\nFR\nFirst Industrial Realty\n$0.24\n\n\nRLI\nRLI\n$0.66\n\n\nVMI\nValmont Industries\n$1.92\n\n\nSLG\nSL Green Realty\n-$0.14\n\n\nUFPI\nUniversal Forest Products\n$0.87\n\n\nUMPQ\nUmpqua\n$0.44\n\n\nTCBI\nTexas Capital Bancshares\n$1.09\n\n\nBXS\nBancorpSouth\n$0.63\n\n\nSNBR\nScs Group Plc\n$1.85\n\n\nCNS\nCohen & Steers\n$0.76\n\n\nRUSHA\nRush Enterprises\n$0.52\n\n\nPLXS\nPlexus\n$1.25\n\n\nTBK\nTriumph Bancorp\n$0.91\n\n\nBDN\nBrandywine Realty\n$0.02\n\n\nEFX\nEquifax\n$1.53\n\n\nLRCX\nLam Research\n$6.60\n\n\nCCI\nCrown Castle International\n$0.53\n\n\nSTL\nSterling Bancorp\n$0.46\n\n\nCHDN\nChurchill Downs\n$0.64\n\n\nNWE\nNorthwestern\n$1.12\n\n\nRHI\nRobert Half International\n$0.80\n\n\nSEIC\nSEI Investments\n$0.88\n\n\nCVBF\nCVB Financial\n$0.37\n\n\nLVS\nLas Vegas Sands\n-$0.27\n\n\nPKX\nPosco\n$2.22\n\n\nURI\nUnited Rentals\n$3.08\n\n\nBZLFY\nBunzl plc\n$0.15\n\n\nELISA\nElisa Oyj\n€0.51\n\n\n\nThursday (April 22)\nIN THE SPOTLIGHT: SVB FINANCIAL\nThe parent of Silicon Valley Bank is expected to report its first-quarter earnings of $6.47 per share, which represents year-over-year growth of about 153% from $2.55 per share seen in the same quarter a year ago.\nIn the last four consecutive quarters, on average, the company has delivered an earnings surprise of over 45%. The Santa Clara, California-based company would post revenue growth of over 50% to about $1.24 billion.\n“SIVB is one of the fastest-growing banks in our coverage universe, with an average of 20%+ loan and deposit growth annually since 2010, with the growth driven by its unique niche of lending to the technology and life sciences industries, including PE and VC capital call lines. While we expect growth to slow, we still see low-teens loan growth (well above peers) for the next several years,” noted Ken Zerbe, equity analyst at Morgan Stanley.\n“We are Equal-weight the shares due to valuation. SIVB is trading at just over 20x forward earnings and more than 10 P/E points above its peers (versus a 4-6x multiple premium that we believe it deserves). SIVB‘s earnings are highly sensitive to changes in Fed funds. Rate increases would drive higher EPS.”\nTAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE APRIL 22\n\n\n\nTicker\nCompany\nEPS Forecast\n\n\nWSO\nWatsco\n$0.88\n\n\nLUV\nSouthwest Airlines\n-$1.88\n\n\nVLO\nValero Energy\n-$1.56\n\n\nAAL\nAmerican Airlines\n-$4.18\n\n\nHCA\nHCA\n$3.31\n\n\nSAP\nSAP\n$1.21\n\n\nGPC\nGenuine Parts\n$1.14\n\n\nFRME\nFirst Merchants\n$0.78\n\n\nNUE\nNucor\n$3.07\n\n\nFCX\nFreeport-McMoran\n$0.51\n\n\nPNR\nPentair Ordinary Share\n$0.61\n\n\nALK\nAlaska Air\n-$3.68\n\n\nSASR\nSandy Spring Bancorp\n$1.02\n\n\nORI\nOld Republic International\n$0.46\n\n\nDOW\nDow Chemical\n$1.10\n\n\nDHR\nDanaher\n$1.74\n\n\nWNS\nWns Holdings\n$0.69\n\n\nFAF\nFirst American Financial\n$1.31\n\n\nRS\nReliance Steel & Aluminum\n$3.55\n\n\nT\nAT&T\n$0.78\n\n\nUNP\nUnion Pacific\n$2.08\n\n\nTPH\nTri Pointe Homes\n$0.47\n\n\nTAL\nTAL International\n-$0.23\n\n\nHBAN\nHuntington Bancshares\n$0.32\n\n\nAEP\nAmerican Electric Power\n$1.18\n\n\nBIIB\nBiogen\n$5.02\n\n\nDHI\nDR Horton\n$2.18\n\n\nEWBC\nEast West Bancorp\n$1.25\n\n\nBX\nBlackstone\n$0.75\n\n\nDGX\nQuest Diagnostics\n$3.74\n\n\nPOOL\nPool\n$1.14\n\n\nALLE\nAllegion\n$1.02\n\n\nCLF\nCliffs Natural Resources\n$0.35\n\n\nTSCO\nTractor Supply\n$0.97\n\n\nTRN\nTrinity Industries\n$0.06\n\n\nMKTX\nMarketAxess\n$2.12\n\n\nBKU\nBankUnited\n$0.74\n\n\nSNA\nSnap-On\n$3.03\n\n\nIQV\nIQVIA Holdings Inc\n$1.85\n\n\nSON\nSonoco Products\n$0.86\n\n\nODFL\nOld Dominion Freight Line\n$1.58\n\n\nSKX\nSkechers USA\n$0.49\n\n\nINDB\nIndependent Bank\n$1.09\n\n\nHTH\nHilltop\n$1.01\n\n\nCE\nCelanese\n$2.98\n\n\nOZK\nBank Ozk\n$0.86\n\n\nFFBC\nFirst Financial Bancorp\n$0.47\n\n\nCSL\nCarlisle Companies\n$0.68\n\n\nSAM\nBoston Beer\n$2.60\n\n\nSTX\nSeagate Technology\n$1.33\n\n\nVICR\nVicor\n$0.19\n\n\nWWE\nWorld Wrestling Entertainment\n$0.20\n\n\nABCB\nAmeris Bancorp\n$1.13\n\n\nARI\nApollo Commercial Real Est Finance\n$0.33\n\n\nGBCI\nGlacier Bancorp\n$0.75\n\n\nSBCF\nSeacoast Banking Of Florida\n$0.48\n\n\nVRSN\nVerisign\n$1.34\n\n\nMAT\nMattel\n-$0.34\n\n\nWSFS\nWsfs Financial\n$0.86\n\n\nSNAP\nSnap\n-$0.21\n\n\nSIVB\nSVB Financial\n$6.47\n\n\nASB\nAssociated Banc\n$0.43\n\n\nFE\nFirstEnergy\n$0.69\n\n\nADS\nAlliance Data Systems\n$3.21\n\n\nCTXS\nCitrix Systems\n$1.42\n\n\nPBCT\nPeople’s United Financial\n$0.34\n\n\nCAJ\nCanon\n$0.27\n\n\nWST\nWest Pharmaceutical Services\n$1.42\n\n\nNVR\nNVR\n$61.90\n\n\nFFIN\nFirst Financial Bankshares\n$0.37\n\n\nVVV\nValvoline Inc\n$0.37\n\n\nSAFE\n3 Sixty Risk\n$0.33\n\n\nASR\nGrupo Aeroportuario Del Sureste\n$23.55\n\n\nORAN\nOrange\n$0.24\n\n\nINTC\nIntel\n$1.14\n\n\nKPELY\nKeppel Corporation\n$0.14\n\n\nSAVE\nSpirit Airlines\n-$2.55\n\n\nCS\nCredit Suisse\n-$0.40\n\n\n\nFriday (April 23)\n\n\n\nTicker\nCompany\nEPS Forecast\n\n\nSXT\nSensient Technologies\n$0.75\n\n\nALV\nAutoliv\n$1.43\n\n\nSLB\nSchlumberger\n$0.18\n\n\nAXP\nAmerican Express\n$1.60\n\n\nKMB\nKimberly Clark\n$1.93\n\n\nHON\nHoneywell International\n$1.80\n\n\nRF\nRegions Financial\n$0.47\n\n\nGNTX\nGentex\n$0.49\n\n\nE\nENI\n$0.42\n\n\n\nThis article was originally posted on FX Empire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379323925,"gmtCreate":1618682076767,"gmtModify":1704714018020,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"No good","listText":"No good","text":"No good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379323925","repostId":"1179283253","repostType":4,"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348098051,"gmtCreate":1617864661473,"gmtModify":1704704099442,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"No good","listText":"No good","text":"No good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348098051","repostId":"1158517084","repostType":4,"repost":{"id":"1158517084","pubTimestamp":1617854007,"share":"https://ttm.financial/m/news/1158517084?lang=&edition=fundamental","pubTime":"2021-04-08 11:53","market":"us","language":"en","title":"NIO Stock: 2 Reasons Red-Hot Nio Is Moving in Reverse Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1158517084","media":"InvestorPlace","summary":"NIO stock continues to be under pressure today.Today, investors inNio(NYSE:NIO) and NIO stock are se","content":"<blockquote>NIO stock continues to be under pressure today.</blockquote><p>Today, investors in<b>Nio</b>(NYSE:<b><u>NIO</u></b>) and NIO stock are seeing red once again. Shares are down more than 5% at the time of writing as investors continue to digest the Chinese EV maker’s prospects.</p><p>Many investors are already aware of the myriad of issues plaguing this stock of late. The company’s been hit withdeteriorating U.S.-China relations, and more recently,delisting threats. The globalchip shortageaffecting all EV stocks is still at play, providing additional downside momentum in recent weeks.</p><p>However, today, a couple of additional headwinds materialized. Let’s dive into what’s driving NIO stock lower today.</p><p><b>BYD, Competitors Threatening NIO Stock</b></p><p>On Tuesday, Warren Buffett-backed Chinese Automaker&nbsp;<b>BYD Company</b>(OTCMKTS:<b><u>BYDDF</u></b>)announcedit had delivered more than twice as many electric cars as Nio in March.</p><p>The race to capture market share in the fast-growing Chinese market is on. And right now, it appears Nio is losing ground to competitors.</p><p>Nio’s March deliveries of 7,257 cars didbeat analyst expectations. However, Nio isn’t the only game in town, and investors seem to be assessing how the market share of each competitor will ultimately shape up.</p><p>BYD and&nbsp;<b>Xpeng</b>(NYSE:<b><u>XPEV</u></b>) combined to produce roughly three times as many cars as Nio. An approximate 25% market share compared to its top two competitors isn’t bad, but it isn’t great either. Accordingly, it appears the jury’s still out on which company will be the longer-term market leader in China.</p><p><b>Q2 Production Headwinds an Issue</b></p><p>Recentcommentsby Nio’s founder and CEO William Li have provided another cause for concern for investors in NIO stock.</p><p>This time, the issue is once again with a global chip shortage. Li said:</p><blockquote>“We still face difficulties in achieving our production goal — the issue (of chip shortage) remains tough in the second quarter, but it will affect our production only in the near term.”</blockquote><p>Concerns are that the global chip shortage could result in Nio missing its production targets. Given how much growth is priced into EV stocks, that’s not a good thing. The company’s target of assembling 7,500 cars in Q2 appears to be at risk, and investors are pricing this risk into NIO stock today.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Stock: 2 Reasons Red-Hot Nio Is Moving in Reverse Today</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\">\nNIO Stock: 2 Reasons Red-Hot Nio Is Moving in Reverse Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 11:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/nio-stock-2-reasons-red-hot-nio-is-moving-in-reverse-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NIO stock continues to be under pressure today.Today, investors inNio(NYSE:NIO) and NIO stock are seeing red once again. Shares are down more than 5% at the time of writing as investors continue to ...</p>\n\n<a href=\"https://investorplace.com/2021/04/nio-stock-2-reasons-red-hot-nio-is-moving-in-reverse-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/04/nio-stock-2-reasons-red-hot-nio-is-moving-in-reverse-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158517084","content_text":"NIO stock continues to be under pressure today.Today, investors inNio(NYSE:NIO) and NIO stock are seeing red once again. Shares are down more than 5% at the time of writing as investors continue to digest the Chinese EV maker’s prospects.Many investors are already aware of the myriad of issues plaguing this stock of late. The company’s been hit withdeteriorating U.S.-China relations, and more recently,delisting threats. The globalchip shortageaffecting all EV stocks is still at play, providing additional downside momentum in recent weeks.However, today, a couple of additional headwinds materialized. Let’s dive into what’s driving NIO stock lower today.BYD, Competitors Threatening NIO StockOn Tuesday, Warren Buffett-backed Chinese Automaker BYD Company(OTCMKTS:BYDDF)announcedit had delivered more than twice as many electric cars as Nio in March.The race to capture market share in the fast-growing Chinese market is on. And right now, it appears Nio is losing ground to competitors.Nio’s March deliveries of 7,257 cars didbeat analyst expectations. However, Nio isn’t the only game in town, and investors seem to be assessing how the market share of each competitor will ultimately shape up.BYD and Xpeng(NYSE:XPEV) combined to produce roughly three times as many cars as Nio. An approximate 25% market share compared to its top two competitors isn’t bad, but it isn’t great either. Accordingly, it appears the jury’s still out on which company will be the longer-term market leader in China.Q2 Production Headwinds an IssueRecentcommentsby Nio’s founder and CEO William Li have provided another cause for concern for investors in NIO stock.This time, the issue is once again with a global chip shortage. Li said:“We still face difficulties in achieving our production goal — the issue (of chip shortage) remains tough in the second quarter, but it will affect our production only in the near term.”Concerns are that the global chip shortage could result in Nio missing its production targets. Given how much growth is priced into EV stocks, that’s not a good thing. The company’s target of assembling 7,500 cars in Q2 appears to be at risk, and investors are pricing this risk into NIO stock today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341392152,"gmtCreate":1617779113576,"gmtModify":1704703015368,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341392152","repostId":"2125271673","repostType":4,"repost":{"id":"2125271673","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":1617776593,"share":"https://ttm.financial/m/news/2125271673?lang=&edition=fundamental","pubTime":"2021-04-07 14:23","market":"us","language":"en","title":"Amazon CEO Bezos, stung by wide criticism, endorses U.S. corporate tax hike","url":"https://stock-news.laohu8.com/highlight/detail?id=2125271673","media":"Reuters","summary":"WASHINGTON, April 6 (Reuters) - Amazon.com Inc supports a hike in the U.S. corporate tax rate as par","content":"<p>WASHINGTON, April 6 (Reuters) - Amazon.com Inc supports a hike in the U.S. corporate tax rate as part of an infrastructure overhaul, Jeff Bezos, chief executive of the largest U.S. retailer, said on Tuesday after facing withering criticism from the White House, Congress and on social media.</p>\n<p>“We support the Biden Administration’s focus on making bold investments in American infrastructure,” Bezos said in a blog post. “We recognize this investment will require concessions from all sides — both on the specifics of what’s included as well as how it gets paid for (we’re supportive of a rise in the corporate tax rate).”</p>\n<p>The largest online U.S. retailer, which has been widely criticized in recent years for paying little or no U.S. federal income tax, did not endorse raising rates to a specific figure.</p>\n<p>The White House did not immediately comment.</p>\n<p>Biden’s infrastructure plan proposes increasing the corporate tax rate to 28% from 21% and would revise the tax code to close loopholes that allow companies to move profits overseas</p>\n<p>Biden said last week Amazon was one of 91 Fortune 500 companies that “use various loopholes where they pay not a single solitary penny in federal income tax,” in sharp contrast to middle class families paying over 20% tax rates.</p>\n<p>Bezos is stepping down from the CEO role during third quarter of 2021.</p>\n<p>After paying no federal income tax in 2017 or 2018, Amazon reported a $162 million current U.S. federal tax liability for 2019 and $1.835 billion U.S. federal tax liability for 2020.</p>\n<p>Biden’s predecessor, Donald Trump, and Republican lawmakers cut the corporate rate to 21% in 2017 from 35%. Trump repeatedly promised to tackle the nation’s crumbling infrastructure during his presidency but never delivered on that.</p>\n<p>The U.S. Chamber of Commerce, the largest U.S. business group, last month called Biden’s proposed hike in corporate taxes “dangerously misguided” and warned it would “slow the economic recovery and make the U.S. less competitive globally.”</p>\n<p>In June 2019, Biden named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</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>Amazon CEO Bezos, stung by wide criticism, endorses U.S. corporate tax hike</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\">\nAmazon CEO Bezos, stung by wide criticism, endorses U.S. corporate tax hike\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-07 14:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, April 6 (Reuters) - Amazon.com Inc supports a hike in the U.S. corporate tax rate as part of an infrastructure overhaul, Jeff Bezos, chief executive of the largest U.S. retailer, said on Tuesday after facing withering criticism from the White House, Congress and on social media.</p>\n<p>“We support the Biden Administration’s focus on making bold investments in American infrastructure,” Bezos said in a blog post. “We recognize this investment will require concessions from all sides — both on the specifics of what’s included as well as how it gets paid for (we’re supportive of a rise in the corporate tax rate).”</p>\n<p>The largest online U.S. retailer, which has been widely criticized in recent years for paying little or no U.S. federal income tax, did not endorse raising rates to a specific figure.</p>\n<p>The White House did not immediately comment.</p>\n<p>Biden’s infrastructure plan proposes increasing the corporate tax rate to 28% from 21% and would revise the tax code to close loopholes that allow companies to move profits overseas</p>\n<p>Biden said last week Amazon was one of 91 Fortune 500 companies that “use various loopholes where they pay not a single solitary penny in federal income tax,” in sharp contrast to middle class families paying over 20% tax rates.</p>\n<p>Bezos is stepping down from the CEO role during third quarter of 2021.</p>\n<p>After paying no federal income tax in 2017 or 2018, Amazon reported a $162 million current U.S. federal tax liability for 2019 and $1.835 billion U.S. federal tax liability for 2020.</p>\n<p>Biden’s predecessor, Donald Trump, and Republican lawmakers cut the corporate rate to 21% in 2017 from 35%. Trump repeatedly promised to tackle the nation’s crumbling infrastructure during his presidency but never delivered on that.</p>\n<p>The U.S. Chamber of Commerce, the largest U.S. business group, last month called Biden’s proposed hike in corporate taxes “dangerously misguided” and warned it would “slow the economic recovery and make the U.S. less competitive globally.”</p>\n<p>In June 2019, Biden named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125271673","content_text":"WASHINGTON, April 6 (Reuters) - Amazon.com Inc supports a hike in the U.S. corporate tax rate as part of an infrastructure overhaul, Jeff Bezos, chief executive of the largest U.S. retailer, said on Tuesday after facing withering criticism from the White House, Congress and on social media.\n“We support the Biden Administration’s focus on making bold investments in American infrastructure,” Bezos said in a blog post. “We recognize this investment will require concessions from all sides — both on the specifics of what’s included as well as how it gets paid for (we’re supportive of a rise in the corporate tax rate).”\nThe largest online U.S. retailer, which has been widely criticized in recent years for paying little or no U.S. federal income tax, did not endorse raising rates to a specific figure.\nThe White House did not immediately comment.\nBiden’s infrastructure plan proposes increasing the corporate tax rate to 28% from 21% and would revise the tax code to close loopholes that allow companies to move profits overseas\nBiden said last week Amazon was one of 91 Fortune 500 companies that “use various loopholes where they pay not a single solitary penny in federal income tax,” in sharp contrast to middle class families paying over 20% tax rates.\nBezos is stepping down from the CEO role during third quarter of 2021.\nAfter paying no federal income tax in 2017 or 2018, Amazon reported a $162 million current U.S. federal tax liability for 2019 and $1.835 billion U.S. federal tax liability for 2020.\nBiden’s predecessor, Donald Trump, and Republican lawmakers cut the corporate rate to 21% in 2017 from 35%. Trump repeatedly promised to tackle the nation’s crumbling infrastructure during his presidency but never delivered on that.\nThe U.S. Chamber of Commerce, the largest U.S. business group, last month called Biden’s proposed hike in corporate taxes “dangerously misguided” and warned it would “slow the economic recovery and make the U.S. less competitive globally.”\nIn June 2019, Biden named Amazon and said no company making billions in profits should pay a lower tax rate than firefighters and teachers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375994609,"gmtCreate":1619272931601,"gmtModify":1704722019492,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"Notrch bad","listText":"Notrch bad","text":"Notrch bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375994609","repostId":"2129035447","repostType":4,"repost":{"id":"2129035447","pubTimestamp":1619184351,"share":"https://ttm.financial/m/news/2129035447?lang=&edition=fundamental","pubTime":"2021-04-23 21:25","market":"us","language":"en","title":"3M Earnings Preview: Here's What to Expect","url":"https://stock-news.laohu8.com/highlight/detail?id=2129035447","media":"Motley Fool","summary":"Analyzing the investment case for 3M and why the upcoming results will be very closely followed.","content":"<p><b><a href=\"https://laohu8.com/S/MMM\">3M</a></b> (NYSE:MMM) is a company and a stock under pressure. The shares continue to look like a good value for the long term, but that depends on management delivering on its turnaround plans.</p>\n<p>The good news is that the company has plenty of financial firepower to do so and is actively pursuing changes. The bad news: There's little hard evidence that the restructuring is having a significant impact, and the upcoming first-quarter earnings report on April 27 might confuse more than it clarifies.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3a0b0ee67bc486cd5307d517dfdc5a2\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<h2>The case for buying 3M stock</h2>\n<p>The investment thesis is not based on the company that 3M is now, but on what it could become. Simply put, CEO Mike Roman's task is to use the company's substantive earnings and free cash flow (FCF) to&nbsp;turn around 3M's performance.</p>\n<p>The company generates bundles of earnings before interest, depreciation, amortization (EBITDA), and FCF. Its price-to-FCF valuation looks cheap, especially compared to a multi-industry peer like <b>Illinois Tool Works</b>, trading at nearly 28 times its FCF.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c6ecd09a228dcf915ce4d3bbf06dff77\" tg-width=\"720\" tg-height=\"387\" referrerpolicy=\"no-referrer\"><span>Data by YCharts. TTM = trailing 12 months.</span></p>\n<h2>What's been going wrong</h2>\n<p>The reason 3M trades at a discount to Illinois Tool Works comes down to a combination of its potential legal liability for PFAS&nbsp;chemicals and its underperformance on earnings relative to management expectations.</p>\n<p>3M operates out of four segments. The safety and industrial segment and the transportation and electronics segment have significant exposure to the industrial economy and automotive industry. And given weak end-market conditions in recent years, it's understandable if they have performed poorly. However, what isn't forgivable is that the <i>less cyclical </i>segments, namely healthcare and consumer, have disappointed the most.</p>\n<p>For example, back on investor day in late 2018, then-CFO Nick Gangestad outlined expectations for 2019-2023 total company organic revenue growth of 3% to 5% a year, with the healthcare segment up 4% to 6% and the consumer segment up 2% to 4%.</p>\n<p>While 2020's performance is understandable in the context of the pandemic, the performance in 2018-2019 is disappointing. In case you are wondering, the consumer segment received a major boost in 2020 from stay-at-home measures lifting home improvement sales.</p>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th><p>Organic Sales Growth</p></th>\n   <th><p>2020</p></th>\n   <th><p>2019</p></th>\n   <th><p>2018</p></th>\n  </tr>\n  <tr>\n   <td><p>Safety&nbsp; &amp; Industrial</p></td>\n   <td><p>3.5%</p></td>\n   <td><p>(3.3%)</p></td>\n   <td><p>N/A*</p></td>\n  </tr>\n  <tr>\n   <td><p>Transportation &amp; Electronics</p></td>\n   <td><p>(7.1%)</p></td>\n   <td><p>(3.5%)</p></td>\n   <td><p>N/A*</p></td>\n  </tr>\n  <tr>\n   <td><p>Healthcare</p></td>\n   <td><p>1%</p></td>\n   <td><p>1.6%**</p></td>\n   <td><p>2.6%</p></td>\n  </tr>\n  <tr>\n   <td><p>Consumer</p></td>\n   <td><p>4.1%</p></td>\n   <td><p>1.3%**</p></td>\n   <td><p>1.5%</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Total Company </b></p></td>\n   <td><p><b>(1.7%)</b></p></td>\n   <td><p><b>(1.5%)</b></p></td>\n   <td><p><b>3.2%</b></p></td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: 3M presentations. *3M shifted to operating out five business segments to four. **In 2019, The healthcare segment added the separation and filtration business, and the consumer segment added the retail auto care business. Both relatively small businesses.</p>\n<h2>What 3M has been doing about it</h2>\n<p>The good news is that Roman is taking action, in particular with the healthcare segment. The non-core drug delivery business was sold for $650 million in 2020., On the acquisition front, 3M bought M*Modal's health information systems business for $1 billion in early 2019. Management followed up by buying Acelity (specializing in advanced and surgical wound care) for $6.7 billion at the end of 2019. Also, the food safety business is rumored to be another business that management is willing to sell.</p>\n<p>On top of the acquisitions and divestment activity, Roman has restructured the company from five business segments to four and streamlined the operation by cutting positions. Also, he has changed the company's business model by allowing 3M's business groups to run on a global basis rather than being operated on a country-by-country basis.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a89ca2eece43ee0d5bf19e320480af6a\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images</span></p>\n<p>In case there are any doubts that turning around the healthcare segment wasn't the main focus, it's not a coincidence that the former CFO of <b>GE</b>'s (NYSE: GE) Healthcare business, Monish Patolawala, was appointed as 3M's CFO in July 2020.</p>\n<h2>It's time for 3M to deliver</h2>\n<p>With all these actions in place, investors are entitled to expect improvements to start showing through in 2021, starting with the upcoming first-quarter earnings report on April 27.</p>\n<p>Unfortunately, the company faced headwinds in the first quarter, and they are likely to make its earnings report messy. For example, automotive production (a major end market for 3M across its industrial segments) has been hit by the semiconductor shortage, and rising raw material costs are eating into profit margins, according to Patolawala. Meanwhile, healthcare is likely to be impacted by the pandemic in the first quarter.</p>\n<p>On the other hand, the recovery in the industrial economy is taking shape in the U.S., and many of 3M's end markets will be strengthening. Also, since management has articulated that there hasn't been an inventory buildup by its customers, it might kick in at some point in 2021 as the economy recovers.</p>\n<h2>What to expect</h2>\n<p>It's unclear what 3M will report, and the market could be disappointed if it doesn't raise guidance in an environment where many of its peers may well do so. However, what is clear is that 3M's earnings report will be messy, and if you are looking for strong evidence that the turnaround is showing in the numbers, you are unlikely to find it in the upcoming results.</p>\n<p>There is a strong case for buying/holding the stock, but management needs to start delivering in 2021, particularly in the healthcare segment.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3M Earnings Preview: Here's What to Expect</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\">\n3M Earnings Preview: Here's What to Expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 21:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/23/3m-earnings-preview-heres-what-to-expect/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>3M (NYSE:MMM) is a company and a stock under pressure. The shares continue to look like a good value for the long term, but that depends on management delivering on its turnaround plans.\nThe good news...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/23/3m-earnings-preview-heres-what-to-expect/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMM":"3M"},"source_url":"https://www.fool.com/investing/2021/04/23/3m-earnings-preview-heres-what-to-expect/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129035447","content_text":"3M (NYSE:MMM) is a company and a stock under pressure. The shares continue to look like a good value for the long term, but that depends on management delivering on its turnaround plans.\nThe good news is that the company has plenty of financial firepower to do so and is actively pursuing changes. The bad news: There's little hard evidence that the restructuring is having a significant impact, and the upcoming first-quarter earnings report on April 27 might confuse more than it clarifies.\nImage source: Getty Images.\nThe case for buying 3M stock\nThe investment thesis is not based on the company that 3M is now, but on what it could become. Simply put, CEO Mike Roman's task is to use the company's substantive earnings and free cash flow (FCF) to turn around 3M's performance.\nThe company generates bundles of earnings before interest, depreciation, amortization (EBITDA), and FCF. Its price-to-FCF valuation looks cheap, especially compared to a multi-industry peer like Illinois Tool Works, trading at nearly 28 times its FCF.\nData by YCharts. TTM = trailing 12 months.\nWhat's been going wrong\nThe reason 3M trades at a discount to Illinois Tool Works comes down to a combination of its potential legal liability for PFAS chemicals and its underperformance on earnings relative to management expectations.\n3M operates out of four segments. The safety and industrial segment and the transportation and electronics segment have significant exposure to the industrial economy and automotive industry. And given weak end-market conditions in recent years, it's understandable if they have performed poorly. However, what isn't forgivable is that the less cyclical segments, namely healthcare and consumer, have disappointed the most.\nFor example, back on investor day in late 2018, then-CFO Nick Gangestad outlined expectations for 2019-2023 total company organic revenue growth of 3% to 5% a year, with the healthcare segment up 4% to 6% and the consumer segment up 2% to 4%.\nWhile 2020's performance is understandable in the context of the pandemic, the performance in 2018-2019 is disappointing. In case you are wondering, the consumer segment received a major boost in 2020 from stay-at-home measures lifting home improvement sales.\n\n\n\nOrganic Sales Growth\n2020\n2019\n2018\n\n\nSafety  & Industrial\n3.5%\n(3.3%)\nN/A*\n\n\nTransportation & Electronics\n(7.1%)\n(3.5%)\nN/A*\n\n\nHealthcare\n1%\n1.6%**\n2.6%\n\n\nConsumer\n4.1%\n1.3%**\n1.5%\n\n\nTotal Company \n(1.7%)\n(1.5%)\n3.2%\n\n\n\nData source: 3M presentations. *3M shifted to operating out five business segments to four. **In 2019, The healthcare segment added the separation and filtration business, and the consumer segment added the retail auto care business. Both relatively small businesses.\nWhat 3M has been doing about it\nThe good news is that Roman is taking action, in particular with the healthcare segment. The non-core drug delivery business was sold for $650 million in 2020., On the acquisition front, 3M bought M*Modal's health information systems business for $1 billion in early 2019. Management followed up by buying Acelity (specializing in advanced and surgical wound care) for $6.7 billion at the end of 2019. Also, the food safety business is rumored to be another business that management is willing to sell.\nOn top of the acquisitions and divestment activity, Roman has restructured the company from five business segments to four and streamlined the operation by cutting positions. Also, he has changed the company's business model by allowing 3M's business groups to run on a global basis rather than being operated on a country-by-country basis.\nImage source: Getty Images\nIn case there are any doubts that turning around the healthcare segment wasn't the main focus, it's not a coincidence that the former CFO of GE's (NYSE: GE) Healthcare business, Monish Patolawala, was appointed as 3M's CFO in July 2020.\nIt's time for 3M to deliver\nWith all these actions in place, investors are entitled to expect improvements to start showing through in 2021, starting with the upcoming first-quarter earnings report on April 27.\nUnfortunately, the company faced headwinds in the first quarter, and they are likely to make its earnings report messy. For example, automotive production (a major end market for 3M across its industrial segments) has been hit by the semiconductor shortage, and rising raw material costs are eating into profit margins, according to Patolawala. Meanwhile, healthcare is likely to be impacted by the pandemic in the first quarter.\nOn the other hand, the recovery in the industrial economy is taking shape in the U.S., and many of 3M's end markets will be strengthening. Also, since management has articulated that there hasn't been an inventory buildup by its customers, it might kick in at some point in 2021 as the economy recovers.\nWhat to expect\nIt's unclear what 3M will report, and the market could be disappointed if it doesn't raise guidance in an environment where many of its peers may well do so. However, what is clear is that 3M's earnings report will be messy, and if you are looking for strong evidence that the turnaround is showing in the numbers, you are unlikely to find it in the upcoming results.\nThere is a strong case for buying/holding the stock, but management needs to start delivering in 2021, particularly in the healthcare segment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379329496,"gmtCreate":1618681949615,"gmtModify":1704714017535,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>Sad","listText":"<a href=\"https://laohu8.com/S/TAL\">$TAL Education Group(TAL)$</a>Sad","text":"$TAL Education Group(TAL)$Sad","images":[{"img":"https://static.tigerbbs.com/84775f0f9d914edd43363dd8a8c18e45","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379329496","isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370502575,"gmtCreate":1618594242497,"gmtModify":1704713263650,"author":{"id":"3576998804963004","authorId":"3576998804963004","authorIdStr":"3576998804963004","name":"TeflonTusk","avatar":"https://static.tigerbbs.com/d26e5b87de0105f8968c3e86381c9a60","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576998804963004"},"themes":[],"htmlText":"No ffoo ah","listText":"No ffoo ah","text":"No ffoo ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370502575","repostId":"1175692875","repostType":4,"repost":{"id":"1175692875","pubTimestamp":1618582708,"share":"https://ttm.financial/m/news/1175692875?lang=&edition=fundamental","pubTime":"2021-04-16 22:18","market":"us","language":"en","title":"$544 Billion In Options Expire Today: Here's What Will Move","url":"https://stock-news.laohu8.com/highlight/detail?id=1175692875","media":"zerohedge","summary":"While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire","content":"<p>While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying prices. It's why, even though we are enjoying a beautiful spring week, Goldman notes that single stock options trading activity is elevated relative to historical levels. To wit, daily options volumes are up 70% in April, up from YTD lows of $2.4bn on 30-Mar.</p><p><b>In total, across single stocks, $544BN of options are set to expiry today, including $305BN calls.</b>As such, today’s expiry could be important for stocks with large open interest in at-the-money(ATM) options, as market makers delta-hedging their unusually large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.</p><p>How to trade this?</p><p>As Goldman's Vishal Vivek writes, at major expirations, options traders track situations where<b>a large amount of open interest is set to expire.</b>In situations where there is a significant amount of expiring open interest in at-the-money strikes (strike prices at or very near the current stockprice), delta-hedging activity can impact the underlying stock’s trading that day. If market makers or other options traders who delta-hedge their positions are net long ATM options, expiration-related flow could have the effect of dampening stock price movements, causing the stock price to settle near the strike with large open interest. This situation is often referred to as a “pin” and can be an ideal situation fora large investor trying to enter/exit a stock position. Alternatively, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves.</p><p>What that means it expiration-related trades may cause trading activity to aggressively pick up for stocks with a significant amount of ATM open interest.</p><p>So to help traders looking to hop on for daytrading opportunities, here is a table identifying possible focus stocks with large ATM open interest expiring today, which is compared to the average daily volume of the underlying stocks. As Goldman puts it, \"<i>expiration-related activity is likely to have more of an impact if the open interest represents a significant percentage of the stock’s volume.\"</i></p><p><img src=\"https://static.tigerbbs.com/0dac61cb87c2f2700d8a0e8e64324f81\" tg-width=\"500\" tg-height=\"638\" referrerpolicy=\"no-referrer\">Finally, for what it's worth, this morning our friends at SpotGamma write that this has been a rather strange OPEX cycle, \"with a consistent almost mechanical bid pushing markets higher. We’ve not seen the Call Wall “breached” this many times before, but there are other aberrations that we’ve mentioned in previous notes – like net put sales. We’ve got some theories on this we are posting in a longer form piece.\"</p><p>According to SG, because implied volatility has now compressed (ie VIX at new lows) there is now more potential for “long term” volatility. Recall how as of late any sharp, violent drop in markets was bought so quickly (see chart below).<b>These bursts lower coincided with record VIX spikes, but a reflective snap-back bid would bring a market recovery of equal force as the VIX&nbsp; (i.e. implied volatility) reversed.</b></p><p><img src=\"https://static.tigerbbs.com/ae7a60d873792b825bdda669cafa0ed3\" tg-width=\"500\" tg-height=\"297\" referrerpolicy=\"no-referrer\">And one other curious observation from SpotGamma:</p><blockquote>When implied volatility is very high, its very sensitive to market moves and also signaling that markets are expecting more large moves ahead. As soon as markets would pause or catch a support level, that implied volatility would quickly reverse lower. <b>We often think of this analogy that if a shark stops swimming, it sinks ( partially true!). If the market stops dropping then Implied volatility sinks.</b></blockquote><p>With this, as we often talk about, lower implied volatility (ie lower VIX) signals market makers have to buy back short hedges which fuels rallies. SG's conclusion: this current level of lower implied volatility now gives the market more downside firepower.&nbsp; Starting with a lower implied volatility “slows down” that responsive “snap-back” buying mechanism.&nbsp; Additionally, gamma is higher when IV is lower so gamma flips may have more juice.</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>$544 Billion In Options Expire Today: Here's What Will Move</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\">\n$544 Billion In Options Expire Today: Here's What Will Move\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/544-billion-options-expire-today-heres-what-will-move?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175692875","content_text":"While it's not quad (or even triple) witching day, today's a whole lot of weekly options will expire, may of which will be worthless, and others will be providing a supporting \"pin\" to underlying prices. It's why, even though we are enjoying a beautiful spring week, Goldman notes that single stock options trading activity is elevated relative to historical levels. To wit, daily options volumes are up 70% in April, up from YTD lows of $2.4bn on 30-Mar.In total, across single stocks, $544BN of options are set to expiry today, including $305BN calls.As such, today’s expiry could be important for stocks with large open interest in at-the-money(ATM) options, as market makers delta-hedging their unusually large options portfolios will be active. This flow is likely to dampen volatility in some names while exacerbating stock price moves in others.How to trade this?As Goldman's Vishal Vivek writes, at major expirations, options traders track situations wherea large amount of open interest is set to expire.In situations where there is a significant amount of expiring open interest in at-the-money strikes (strike prices at or very near the current stockprice), delta-hedging activity can impact the underlying stock’s trading that day. If market makers or other options traders who delta-hedge their positions are net long ATM options, expiration-related flow could have the effect of dampening stock price movements, causing the stock price to settle near the strike with large open interest. This situation is often referred to as a “pin” and can be an ideal situation fora large investor trying to enter/exit a stock position. Alternatively, if delta-hedgers are net short ATM options (have a “negative gamma” position), their hedging activity could exacerbate stock price moves.What that means it expiration-related trades may cause trading activity to aggressively pick up for stocks with a significant amount of ATM open interest.So to help traders looking to hop on for daytrading opportunities, here is a table identifying possible focus stocks with large ATM open interest expiring today, which is compared to the average daily volume of the underlying stocks. As Goldman puts it, \"expiration-related activity is likely to have more of an impact if the open interest represents a significant percentage of the stock’s volume.\"Finally, for what it's worth, this morning our friends at SpotGamma write that this has been a rather strange OPEX cycle, \"with a consistent almost mechanical bid pushing markets higher. We’ve not seen the Call Wall “breached” this many times before, but there are other aberrations that we’ve mentioned in previous notes – like net put sales. We’ve got some theories on this we are posting in a longer form piece.\"According to SG, because implied volatility has now compressed (ie VIX at new lows) there is now more potential for “long term” volatility. Recall how as of late any sharp, violent drop in markets was bought so quickly (see chart below).These bursts lower coincided with record VIX spikes, but a reflective snap-back bid would bring a market recovery of equal force as the VIX  (i.e. implied volatility) reversed.And one other curious observation from SpotGamma:When implied volatility is very high, its very sensitive to market moves and also signaling that markets are expecting more large moves ahead. As soon as markets would pause or catch a support level, that implied volatility would quickly reverse lower. We often think of this analogy that if a shark stops swimming, it sinks ( partially true!). If the market stops dropping then Implied volatility sinks.With this, as we often talk about, lower implied volatility (ie lower VIX) signals market makers have to buy back short hedges which fuels rallies. SG's conclusion: this current level of lower implied volatility now gives the market more downside firepower.  Starting with a lower implied volatility “slows down” that responsive “snap-back” buying mechanism.  Additionally, gamma is higher when IV is lower so gamma flips may have more 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