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Kaceace

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2021-07-26

Ok i see

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2021-08-24

Moon

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2021-06-02

Oh i see

AMC Stock Is Surging Again. How to Make Sense of the Move.

2021-05-19

JXHXJ

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2021-03-08

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2021-07-15

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2021-04-06

Yes true

Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time

2021-03-11

Wow amazing!

Dating app Bumble expects pent up demand

2021-03-09

Yes

Buy Target Stock on the Dip, Analyst Says

2021-07-28

Oh ok

Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown

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ok","listText":"Oh ok","text":"Oh ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803359124","repostId":"2154691065","repostType":4,"repost":{"id":"2154691065","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627423500,"share":"https://ttm.financial/m/news/2154691065?lang=en_US&edition=fundamental","pubTime":"2021-07-28 06:05","market":"us","language":"en","title":"Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown","url":"https://stock-news.laohu8.com/highlight/detail?id=2154691065","media":"Dow Jones","summary":"Supply constraints and foreign exchange expected to drive lower growth rate in September quarter. Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period.Apple's $$ revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive s","content":"<font class=\"NormalMinus1\" face=\"Arial\"> <p> MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown </p> <p> By Emily Bary </p> <p> Supply constraints and foreign exchange expected to drive lower growth rate in September quarter </p> <p> Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period. </p> <p> The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01. </p> <p> Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion. </p> <p> The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion. </p> <p> Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\" </p> <p> Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter. </p> <p> Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses. </p> <p> Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate. </p> <p> Shares were off 2.2% in after-hours trading. </p> <p> The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively. </p> <p> Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record. </p> <p> The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus. </p> <p> Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%. </p> <p> -Emily Bary; 415-439-6400; AskNewswires@dowjones.com </p> <pre>\n \n</pre> <p> <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires </p> <p> July 27, 2021 18:05 ET (22:05 GMT) </p> <p> Copyright (c) 2021 Dow Jones &amp; Company, Inc. </p> </font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple profit nearly doubles as iPhone sales boom, but company projects growth slowdown\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\">2021-07-28 06:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\"> <p> MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown </p> <p> By Emily Bary </p> <p> Supply constraints and foreign exchange expected to drive lower growth rate in September quarter </p> <p> Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period. </p> <p> The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01. </p> <p> Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion. </p> <p> The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion. </p> <p> Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\" </p> <p> Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter. </p> <p> Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses. </p> <p> Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate. </p> <p> Shares were off 2.2% in after-hours trading. </p> <p> The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively. </p> <p> Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record. </p> <p> The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus. </p> <p> Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%. </p> <p> -Emily Bary; 415-439-6400; AskNewswires@dowjones.com </p> <pre>\n \n</pre> <p> <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires </p> <p> July 27, 2021 18:05 ET (22:05 GMT) </p> <p> Copyright (c) 2021 Dow Jones &amp; Company, Inc. </p> </font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154691065","content_text":"MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown   By Emily Bary   Supply constraints and foreign exchange expected to drive lower growth rate in September quarter   Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period.   The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01.   Apple's $(AAPL)$ revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion.   The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion.   Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\"   Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter.   Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses.   Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate.   Shares were off 2.2% in after-hours trading.   The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively.   Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record.   The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus.   Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%.   -Emily Bary; 415-439-6400; AskNewswires@dowjones.com  \n \n  $(END)$ Dow Jones Newswires   July 27, 2021 18:05 ET (22:05 GMT)   Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"AAPL":1}},"isVote":1,"tweetType":1,"viewCount":2818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809522213,"gmtCreate":1627380759732,"gmtModify":1703488780988,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Hcjioko","listText":"Hcjioko","text":"Hcjioko","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809522213","repostId":"1157314860","repostType":4,"repost":{"id":"1157314860","kind":"news","pubTimestamp":1627379639,"share":"https://ttm.financial/m/news/1157314860?lang=en_US&edition=fundamental","pubTime":"2021-07-27 17:53","market":"us","language":"en","title":"Snowflake: 5 Reasons Why It Is Truly Special","url":"https://stock-news.laohu8.com/highlight/detail?id=1157314860","media":"seekingalpha","summary":"Summary\n\nSnowflake is the leading cloud-computing data warehouse company that will play an integral ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Snowflake is the leading cloud-computing data warehouse company that will play an integral role in the future of Artificial Intelligence.</li>\n <li>This article discusses five key competitive advantages that make Snowflake unique and able to dominate its industry for an extensive period.</li>\n <li>Snowflake recently announced an ambitious plan of achieving $10B in Revenue by 2028. We evaluate the possibility and future growth estimates.</li>\n <li>I discuss the competitive dynamics and future risks for investors to watch for those looking into purchasing Snowflake.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/243b84d3fd988927c4b86e5b512afae0\" tg-width=\"1536\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>amriphoto/iStock via Getty Images</span></p>\n<p><b>Thesis:</b></p>\n<p>Snowflake(NYSE:SNOW)founders have built a truly unique software product and a robust Go-To-Market strategy that will make it hard for competitors to replicate and take away their market share.</p>\n<p>Snowflake needs no introduction. They are a leading cloud-based computing-data warehousing provider that builds solutions for companies to store and run analytics/artificial intelligence on the cloud</p>\n<p>Some people will say that Snowflake's current valuation has priced in many of its future domination. However, if Snowflake continues to grow rapidly while maintaining its core competitive advantages, then they have a good chance of providing investors with a decent return.</p>\n<p>This article will evaluate their competitive advantage around the uniqueness of the product, platform optimization, the TAM, their best in class financials and management team.</p>\n<p><b>Introduction:</b></p>\n<p>At their recent conference, they recently announced an ambitious plan of achieving $10B in Revenue by 2028. This shows great confidence by management in their ability to sustain their competitive advantage over that period.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/818e9b6119fe734e015455a98e1611d0\" tg-width=\"640\" tg-height=\"344\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p>Below are the operating models and the assumptions as they plan towards achieving that audacious goal by 2028.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ca9357623df4e55e00cc12f5c79646db\" tg-width=\"640\" tg-height=\"364\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p>What made management so confident in providing such guidance many years ahead into future? I believe it has to do with management's confidence around the core product strengths. We will discuss five key competitive advantages that may provide us with a hint towards how Snowflake can archive this milestone.</p>\n<p><b>1. Vast Total Addressable Market Opportunity ahead with few Competitors:</b></p>\n<p>Snowflake estimates a $90B TAM for the data cloud, but this number could increase with the recent information that “<i>90% of all the data that has been created were done over the last two years.”</i>If all that data was created within the last two years, can you imagine what the opportunity looks like 10-years from now?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9dcfef417212217b1442a8bc0ead54bb\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p>Some of the major reasons for the growing TAM opportunities include:</p>\n<ul>\n <li>Data volume and digital footprints are rapidly growing</li>\n <li>Many companies moving their businesses to the cloud.</li>\n</ul>\n<p>As a result of the first two points, there is a high demand for data management and data sciences tools to capitalize on the opportunity. There are increasing needs for new database architectures to accommodate and keep up with the rising volume of customer data.</p>\n<p>Hence, compared to the Fintech industry where a large Total Addressable Market (TAM) has a low barrier to entry and invites numerous competitors, the data cloud industry TAM that Snowflake has carved out for itself truly allows them to capture enough of the TAM dollar opportunity with relatively few competitors. The primarily is due to the high barrier to entry of building a specialized technical software similar to Snowflake (or Databricks/Amazon Redshift).</p>\n<p><b>2. Uniqueness and Defensibility of the Product:</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a3d27d98fe1e663f4515fcabd0f28bb1\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p><b>Platform moat:</b>Snowflake’s product was built in the cloud for companies on the cloud. The company has been able to provide a platform that centralizes all forms of the high volume of structured &amp; unstructured data in a centralized location (Data Warehouse &amp; Lake). Traditional companies like Teradata, Hadoop, Cloudera require on-prem infrastructure such as servers, databases, etc. However, Snowflake has built everything solely in the cloud to allow their customers store, manage, analyze, &amp; share data seamlessly.</p>\n<p><b>Software defensibility:</b>This concept is linked to the moat. Defensibility in my definition is the ability for a company to build a unique product, whether through a much more efficient process or system, and the product solves a problem in a differentiated way that is hard for competitors to replicate. The architecture of Snowflake’s platform has been purposely built in this manner. This is the reason they have been able to starve off 'strong' competitors over the last 10-years. Defensibility can drive customer loyalty and high stickiness as evidenced by Snowflake’s high retention metrics of 168%.</p>\n<p><b>Storage and Compute Optimization</b>: One of the unique features that Snowflake offers is the ability to separate storage and compute for customers. They have created one platform that serves multiple purposes. Customers can store their data on Snowflake’s cloud but choose not to utilize their computational products or vice-versa. In addition, Snowflake’s computational power is extremely strong and fast, managing a high amount of analytics workload while still providing best-in-class performance.</p>\n<p>In summary, when you combine the platform's uniqueness on the cloud, storage and compute differentiation and defensibility due to the inability to easily replicate the product. When you combine this together with a first-mover advantage, this enables a company to starve 'strong' competitors and allows for more revenue runway.</p>\n<p><b>3. Platform Innovation &amp; Optimization drives Scale:</b></p>\n<p>Snowflake has done a great job constantly reinventing and innovating on their product despite being the industry disruptor. One of the things to observe with Snowflake is the obsession with innovation. Recently, major platform improvements were discussed at their conference.</p>\n<p><b>Storage Compression Costs:</b>At the last quarterly result, Snowflake announced storage compression improvements. It was also announced that they have reduced storage costs for new data coming into their platform by 30%. I believe that customers are more likely to want to store their data on Snowflake’s platform moving forward due to this change. Computation speed has increased, making the platform 6x better with regards to improvements on query and throughput on a single compute cluster and 8x improvements in average query duration and high consistency for latency. In my previous company, I encountered challenges, and my colleagues did experience problems with how slow Microsoft SQL queries performed when you ran multiple or concurrent complex queries, but Snowflake offers a much faster compute power/speed capability.</p>\n<p>On the surface, it might appear that this improvement in computing power will reduce revenue (since snowflake makes money based on how much time consumers spend on the platform). But reflecting deeper, this situation allows Snowflake to reach scale efficiencies which is a core competitive advantage. The faster and smoother queries I can run, the more I will be more likely to utilize Snowflake’s platform and run more queries. I will assume that more companies will be increasing workloads and bringing more items to snowflake’s platform due to the performance improvements/speed at a cost that fits their budget. The company is also working on developing a chip technology that will massively improve performance for customers, but we are waiting to obtain more information on this product. The marginal scale efficiencies here will benefit Snowflake.</p>\n<p><b>The usage-based model drives customer Autonomy:</b>Snowflake has optimized its platform performance to provide efficiencies in billing customers. Customers are guaranteed that they are not going to have any idle time wasted on the platform. Customers pay for only what they need and use. Snowflake provides strong analytics and data as usage evidence to their customers. This is unlike Amazon AWS where the customer pays whatever bill is presented, regardless of how much time they have spent on the platform. There are some nuances here too.</p>\n<p>Based on the usage-based model, customers have full autonomy on the price they pay vs the performance they receive. For example, In the case of a customer who may not use snowflake’s platform in the summer months compared to higher usage in the Fall/Winter, if they want to save more money upfront - they would be more likely to sign up on Snowflake's platform because they are guaranteed they would have a much lower bill as compared to Amazon AWS. Customers can adjust usage to how best they want it. On the other hand, customers who pay a lesser amount will accept that their queries and requests take longer. Customers can decide to pay snowflake more money, to get faster speed performance. Business customers have better control and autonomy in how they utilize the platform.</p>\n<p><b>Optimizing the time-to-value for customers:</b>The biggest challenge for businesses trying to use the Snowflake platform is the length of time it takes to get Snowflake up and running, because of the extensive data migration from companies with an on-prem legacy system, moving all that data into the cloud. The average company on the Snowflake platform takes around 249-days before consuming snowflake’s product. The length of time has now been reduced to 212-days. Now imagine, if it takes a company more than 200+ days to patiently migrate data into Snowflake’s cloud, do you think that such customers will easily churn after a few months? I doubt it. Hence, companies that are signing up conduct extensive due diligence before making the decision. This is a major strength for Snowflake because customers who have signed up are more than likely going to last on the platform for multiple years. Snowflake has improved its platform optimization to deliver more value to its customer base. Although a higher time period to use a product leads to high Customer Acquisition Costs, in snowflake's case, it is a strong moat that customers are willing to wait so long. It means they will last longer on the platform and it will be very hard to churn.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2eb1b69e71391c44e6ac1f70f2c6e635\" tg-width=\"640\" tg-height=\"318\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations.</span></p>\n<p><b>Flexibility and Usage-based business model</b>: The flexibility based on the usage-based business model has continued to translate into a major strength for Snowflake. Companies can consume based on their contracted capacity during a contract period. A company may decide to roll over unused capacity to future periods.</p>\n<p>To summarize this third point, the usage-based business model, the combination of innovation that keeps driving down the cost of the platform relative to its higher effectiveness, the autonomy that customers receive, and the optimization of value is truly one of the unique competitive advantages that snowflake continues to hold over the competition.</p>\n<p><b>4. Building a powerful ecosystem and empire around the data cloud</b></p>\n<p>I believe Snowflake’s long-term ambition is to control a large empire of the entire data analytics and Artificial Intelligence space. For example, Amazon AWS has been built in such a way that almost a third (1/3rd) of the entire technology market today touches or is somewhat connected to AWS. Similarly with Microsoft Office suite, in Corporate America, it is difficult to not interact with a Microsoft product.</p>\n<p>I believe that Snowflake’s long-term goal is to be embedded within the entire Data Analytics and AI ecosystem. Below are a few pointers:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/65b01f8df1a2df85043f55b601a82e7f\" tg-width=\"640\" tg-height=\"200\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p><b>Building strong partnerships with Data Universe Partners</b>: As mentioned, Snowflake has established many partnerships with major players across the entire Data Analytics spectrum - from integration to data visualization partners. They have mentioned it several times and it is clear; they would like to control a major component of the entire space. As a result of becoming an ecosystem that every company running ML and AI computation would eventually touch, this will increase the long-term viability and stickiness of the platform. As part of building the ecosystem, has established major partnerships with companies like Deloitte. Consulting firms discussing digital transformation with large corporations can now discuss Snowflake as part of the engagement. It was recently announced at the last quarterly call that Snowflake has surpassed over $100M in deal flow with Deloitte. Snowflake's aim is to be the central nervous system and unified systems within the Data Ecosystem and that includes winning system integrators.</p>\n<p><b>Marketplace and Data Programmability Building on Snowflake:</b></p>\n<p>Snowparkis a new data programmability system that has been built to provide developers with an API for building applications or querying/analyzing data on Snowflake’s Cloud platform.</p>\n<p>The goal is to automate data pipelines making programmability easy. It allows for integration with Microsoft SQL so that developers can use SQL to easily program or run codes within the platform.</p>\n<p>The ability for developers, data scientists, and data engineers to seamlessly integrate with Snowflake’s platform will be game-changing. Companies or individuals can now utilize Snowflake’s partner program to help build, market, and operate applications in the snowflake Data Cloud bringing in a lot of future potential. In the near future, creative entrepreneurs can build truly successful products (or even companies) on Snowflake’s platform, elevating its brand and value.</p>\n<p><b>Snowflake Marketplace:</b>As we are aware, Snowflake runs a marketplace where companies can share and monetize data across clouds and regions and have more relationships with business units, partners, and customers.</p>\n<p>At their most recent conference, Snowflake announced massive improvements to the payment processing capability of this marketplace. Companies can easily make transactions on Snowflake’s platform. Snowflake thereby generates revenue based on take-rates on every transaction, similar to a marketplace business model.</p>\n<p>The last point here is that Snowflake is focusing on becoming more industry-centric rather than purely customer-centric. In the sense that the company is focusing more on understanding the data needs of major industries and thereby catering to products that meet the needs of those industries.</p>\n<p><b>5. Best in Class Management Team &amp; Financial Metrics:</b></p>\n<p>One of the most unique asset of every company is the Founders and Leaders. The Founders of Snowflake were previous Oracle employees and specifically, they were \"data warehousing\" and Data Architect experts: Benoit Dageville, Thierry Cruanes and Marcin Żukowski. They knew the ins and outs, and the challenges with on-prem data storage infrastructure. They were able to turn the data world on its head by building a product that was solely for the cloud due to their knowledge.</p>\n<p>In 2019, they were hired Frank Slootman. Frank is a highly respected and well-versed CEO within technology. As many people know, Frank took over a small company in 2003, doubled the company's revenue, and took them towards an IPO in 2007.</p>\n<p>Secondly, he joined ServiceNow in its early days when they were generating only about &lt;$100M in revenue and quadrupled their revenue to over $2.6B eventually taking them public and retiring.</p>\n<p>In summary, Frank Slootman is an executor and someone who delivers results. He is a unique CEO that has been placed at the right time for Snowflake. This&nbsp;article&nbsp;breaks down why he is special: The Outsider: How CEO-For-Hire Frank Slootman Turned Snowflake Into Software's Biggest-Ever IPO</p>\n<p><b>Financials:</b></p>\n<p>Snowflake has some of the best ever seen financial metrics in the SaaS Industry. Below are a few highlights of their financials:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8727ba421dab01c8d569bf5045926039\" tg-width=\"640\" tg-height=\"337\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p>Below are more important metrics:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/def281fb5281a940aecbac7bf74a4278\" tg-width=\"405\" tg-height=\"389\" width=\"100%\" height=\"auto\"><span>Source: Author - Investi Analyst</span></p>\n<p><b>Valuation and Future Metrics:</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75edbb94dd1c58ff092936d7ccc9694c\" tg-width=\"640\" tg-height=\"321\" width=\"100%\" height=\"auto\"><span>Source: Clouded Judgement</span></p>\n<p>On a high level, it has been much talked about that Snowflake is overvalued. The company is currently trading at EV/ 2021 Sales of 58x.</p>\n<p>There are a few metrics to justify the valuation. They are currently the market leader within an industry with relatively few strong competitors. The company has been growing consistently at a rate of over 100% within a TAM industry that continues to increase. They have improved Gross Margins from the 50% to now 70%. Operating Leverage is gradually showing on its bottom-line margins.</p>\n<p>Snowflake has one of the highest ever dollar-based net retention and expansion rate at 168%, arguably one of the highest DBNER within the SaaS industry. Customers realize that they can run multiple clusters and workloads at the same time. The loyalty of customers gives us some visibility into future revenue.</p>\n<p><b>Biggest Risks - Competition:</b></p>\n<p>Snowflake’s ability to hold its premium valuation relative to its growth for an extensive period will be key for investors to make money on this stock. The competitive landscape will become the biggest risk for investors to watch.</p>\n<p><b>1. Amazon’s Redshift</b>is lacking behind Snowflake because they do not have some of the unique features that Snowflake offers around flexibility/ optimization for data storage and computational analytics. Many people prefer Snowflake because of the pay-as-you-go package and the fact that customers are charged based on strictly business and technical needs. There are many other reasons Snowflake is outpacing Redshift, but recently Amazon Redshift has been making major updates to its platform and library. Snowflake is dependent on Amazon AWS for the cloud. If Amazon prioritizes and invests significantly in Redshift, it can catch up with Snowflake because Amazon already controls many of the workloads of most enterprises.</p>\n<p><b>2. Databricks and Its Impending IPO:</b>Databricks is a data science tooling software making massive improvements to their data cloud warehouse as well as their computational capabilities to catch up to Snowflake. If they did IPO or continue to make significant enhancements, this could lead to multiple compression for Snowflake.</p>\n<p><b>3. Slowing Customer Growth Momentum</b>: Snowflake currently has around 4500 general customer base. On a Quarter-over-Quarter, their Fortune 500 customers growth slowed down dramatically as they only added one customer last quarter.</p>\n<p>In general, their customer growth rate is slowing down. While this is not a problem, it is something that investors should keep watching and monitoring.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/287c587c7732dee4e6581e3f6880a2be\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p><b>Pre-Earnings Expectations:</b></p>\n<p>Below are Analyst’s estimates for Snowflake:</p>\n<p>As Snowflake faces very difficult comps against last year, this earnings report will play a major role in determining if their valuation multiple continues to expand or compress moving forward.</p>\n<p>Customer growth will be very important. Last quarter, they only grew by one customer amongst Fortune 500 Companies on a QoQ basis in Q1 FY 2022 Earnings. Investors will be watching these metrics closely and will provide a projection into future revenue expectations.</p>\n<p><b>Annual Revenue Growth:</b></p>\n<p>Below are the current estimates by Analysts:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/83e32e0275bec6c0c313c9f4a244bd9b\" tg-width=\"640\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: Koyfin/Wall Street Estimates</span></p>\n<p><b>Quarterly Revenue Growth:</b></p>\n<p>By next quarter, they are expected to deliver over $256M while facing tough comps.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/090dd266e206c4606d700b0b8ab488ed\" tg-width=\"574\" tg-height=\"281\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha Estimates</span></p>\n<p><b>A Glimpse into the Future:</b></p>\n<p>Enterprise Technology Research firm conducted a recent Q1 2021 research amongst major Global Enterprise Companies (over 1500+ Organizations) to ask about their future spending intentions on Databases/Data Warehouse.</p>\n<p>As can be seen on the y-axis (net score represents the future spending momentum and it is calculated using dollar-figures), but ETR uses a net score to summarize it and on the x-axis, that represents the existing market share of the database market.</p>\n<p>In summary, the chart below shows that Snowflake has the highest spending momentum (companies are planning to spend more on the platform), but they have a low market-share as at today. This proves that Snowflake has so much more room to run into the future to gain more market share of this market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5684bbfe5ff5f7be8caa27669cc6b8c0\" tg-width=\"640\" tg-height=\"351\" width=\"100%\" height=\"auto\"><span>Source: ETR Research/SiliconANGLE theCUBE</span></p>\n<p>Below were survey questions that were asked to companies: Overwhelming almost all the companies said that they are planning to increase their adoption and 0% said they plan to drop the product.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d34a8f72f3d995dfbb7a3ba62974da9\" tg-width=\"640\" tg-height=\"351\" width=\"100%\" height=\"auto\"><span>Source: ETR Research/SiliconANGLE theCUBE</span></p>\n<p><b>Institutional Ownership keeps increasing:</b></p>\n<p>Below are snapshots that I wanted to show investors. As you can see below, major institutions such as Hedge Funds, ETF, Mutual Funds are increasing their ownership of Snowflake stocks (despite its premium valuation).</p>\n<p>This shows that big money investors have confidence in Snowflake's future and long growth runway ahead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3b6fceb59d1600cd67295f9dea32731\" tg-width=\"303\" tg-height=\"444\" width=\"100%\" height=\"auto\"><span>Source: IBD Marketsmith/Funds Holding</span></p>\n<p><b>Some personal experiences:</b>The reason my former company ultimately chose Snowflake over AWS Redshift or Microsoft Azure was because of the turnkey approach of Snowflake. Snowflake made it incredibly easy to access/use the platform and handled all the maintenance services. All customers had to worry about was transitioning data and performing analytics on them.</p>\n<p>The second reason had to do with flexibility. The ability to manage your compute needs and storage needs differently were invaluable. Hence, even though getting on the platform was expensive and took over 200+ days, it was worth it over the long-term, we were able to control costs and pay-only-as-we-use.</p>\n<p><b>Summary and Conclusion:</b></p>\n<p>To summarize this article, there are five major competitive advantages and moats that Snowflake holds:</p>\n<p>First, the vast market potential for Data Analytics with relatively few competitors, Secondly, the uniqueness and defensibility of the product. Third, the platform innovation and optimization driving marginal scale efficiencies as workloads increase on the platform. Fourth, the building of a powerful ecosystem and empire around the data cloud through partnerships, data programmability, data sharing on the marketplace, and merging industries. and Lastly, the Best in Class Financials and Management Team.</p>\n<p>Overall, Snowflake is still the preferred leader within their category. Snowflake is an interesting company that will continue to play a major role in the ongoing digital disruption of enterprises moving into the Cloud. They will also be integrated as AI and Data Analytics continues to play a crucial role for companies all over the world.</p>\n<p>The big question for investors to continue to reflect upon is if Snowflake can continue to sustain its premium valuation for the next 3-5 years especially as Databricks and Amazon Redshift continue to gain traction. Investors would want to monitor and track the competitive landscape because I believe the competitive dynamics may be the future biggest risk.</p>\n<p>I will continue to follow and track developments with Snowflake. Please tell me in the comments section, what do you see as the biggest risk to the Snowflake story, and have you invested in the stock?</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>Snowflake: 5 Reasons Why It Is Truly Special</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\">\nSnowflake: 5 Reasons Why It Is Truly Special\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 17:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4441421-snowflake-five-reasons-why-it-is-truly-special><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSnowflake is the leading cloud-computing data warehouse company that will play an integral role in the future of Artificial Intelligence.\nThis article discusses five key competitive ...</p>\n\n<a href=\"https://seekingalpha.com/article/4441421-snowflake-five-reasons-why-it-is-truly-special\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://seekingalpha.com/article/4441421-snowflake-five-reasons-why-it-is-truly-special","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157314860","content_text":"Summary\n\nSnowflake is the leading cloud-computing data warehouse company that will play an integral role in the future of Artificial Intelligence.\nThis article discusses five key competitive advantages that make Snowflake unique and able to dominate its industry for an extensive period.\nSnowflake recently announced an ambitious plan of achieving $10B in Revenue by 2028. We evaluate the possibility and future growth estimates.\nI discuss the competitive dynamics and future risks for investors to watch for those looking into purchasing Snowflake.\n\namriphoto/iStock via Getty Images\nThesis:\nSnowflake(NYSE:SNOW)founders have built a truly unique software product and a robust Go-To-Market strategy that will make it hard for competitors to replicate and take away their market share.\nSnowflake needs no introduction. They are a leading cloud-based computing-data warehousing provider that builds solutions for companies to store and run analytics/artificial intelligence on the cloud\nSome people will say that Snowflake's current valuation has priced in many of its future domination. However, if Snowflake continues to grow rapidly while maintaining its core competitive advantages, then they have a good chance of providing investors with a decent return.\nThis article will evaluate their competitive advantage around the uniqueness of the product, platform optimization, the TAM, their best in class financials and management team.\nIntroduction:\nAt their recent conference, they recently announced an ambitious plan of achieving $10B in Revenue by 2028. This shows great confidence by management in their ability to sustain their competitive advantage over that period.\nSource: Snowflake Investor Relations\nBelow are the operating models and the assumptions as they plan towards achieving that audacious goal by 2028.\nSource: Snowflake Investor Relations\nWhat made management so confident in providing such guidance many years ahead into future? I believe it has to do with management's confidence around the core product strengths. We will discuss five key competitive advantages that may provide us with a hint towards how Snowflake can archive this milestone.\n1. Vast Total Addressable Market Opportunity ahead with few Competitors:\nSnowflake estimates a $90B TAM for the data cloud, but this number could increase with the recent information that “90% of all the data that has been created were done over the last two years.”If all that data was created within the last two years, can you imagine what the opportunity looks like 10-years from now?\nSource: Snowflake Investor Relations\nSome of the major reasons for the growing TAM opportunities include:\n\nData volume and digital footprints are rapidly growing\nMany companies moving their businesses to the cloud.\n\nAs a result of the first two points, there is a high demand for data management and data sciences tools to capitalize on the opportunity. There are increasing needs for new database architectures to accommodate and keep up with the rising volume of customer data.\nHence, compared to the Fintech industry where a large Total Addressable Market (TAM) has a low barrier to entry and invites numerous competitors, the data cloud industry TAM that Snowflake has carved out for itself truly allows them to capture enough of the TAM dollar opportunity with relatively few competitors. The primarily is due to the high barrier to entry of building a specialized technical software similar to Snowflake (or Databricks/Amazon Redshift).\n2. Uniqueness and Defensibility of the Product:\nSource: Snowflake Investor Relations\nPlatform moat:Snowflake’s product was built in the cloud for companies on the cloud. The company has been able to provide a platform that centralizes all forms of the high volume of structured & unstructured data in a centralized location (Data Warehouse & Lake). Traditional companies like Teradata, Hadoop, Cloudera require on-prem infrastructure such as servers, databases, etc. However, Snowflake has built everything solely in the cloud to allow their customers store, manage, analyze, & share data seamlessly.\nSoftware defensibility:This concept is linked to the moat. Defensibility in my definition is the ability for a company to build a unique product, whether through a much more efficient process or system, and the product solves a problem in a differentiated way that is hard for competitors to replicate. The architecture of Snowflake’s platform has been purposely built in this manner. This is the reason they have been able to starve off 'strong' competitors over the last 10-years. Defensibility can drive customer loyalty and high stickiness as evidenced by Snowflake’s high retention metrics of 168%.\nStorage and Compute Optimization: One of the unique features that Snowflake offers is the ability to separate storage and compute for customers. They have created one platform that serves multiple purposes. Customers can store their data on Snowflake’s cloud but choose not to utilize their computational products or vice-versa. In addition, Snowflake’s computational power is extremely strong and fast, managing a high amount of analytics workload while still providing best-in-class performance.\nIn summary, when you combine the platform's uniqueness on the cloud, storage and compute differentiation and defensibility due to the inability to easily replicate the product. When you combine this together with a first-mover advantage, this enables a company to starve 'strong' competitors and allows for more revenue runway.\n3. Platform Innovation & Optimization drives Scale:\nSnowflake has done a great job constantly reinventing and innovating on their product despite being the industry disruptor. One of the things to observe with Snowflake is the obsession with innovation. Recently, major platform improvements were discussed at their conference.\nStorage Compression Costs:At the last quarterly result, Snowflake announced storage compression improvements. It was also announced that they have reduced storage costs for new data coming into their platform by 30%. I believe that customers are more likely to want to store their data on Snowflake’s platform moving forward due to this change. Computation speed has increased, making the platform 6x better with regards to improvements on query and throughput on a single compute cluster and 8x improvements in average query duration and high consistency for latency. In my previous company, I encountered challenges, and my colleagues did experience problems with how slow Microsoft SQL queries performed when you ran multiple or concurrent complex queries, but Snowflake offers a much faster compute power/speed capability.\nOn the surface, it might appear that this improvement in computing power will reduce revenue (since snowflake makes money based on how much time consumers spend on the platform). But reflecting deeper, this situation allows Snowflake to reach scale efficiencies which is a core competitive advantage. The faster and smoother queries I can run, the more I will be more likely to utilize Snowflake’s platform and run more queries. I will assume that more companies will be increasing workloads and bringing more items to snowflake’s platform due to the performance improvements/speed at a cost that fits their budget. The company is also working on developing a chip technology that will massively improve performance for customers, but we are waiting to obtain more information on this product. The marginal scale efficiencies here will benefit Snowflake.\nThe usage-based model drives customer Autonomy:Snowflake has optimized its platform performance to provide efficiencies in billing customers. Customers are guaranteed that they are not going to have any idle time wasted on the platform. Customers pay for only what they need and use. Snowflake provides strong analytics and data as usage evidence to their customers. This is unlike Amazon AWS where the customer pays whatever bill is presented, regardless of how much time they have spent on the platform. There are some nuances here too.\nBased on the usage-based model, customers have full autonomy on the price they pay vs the performance they receive. For example, In the case of a customer who may not use snowflake’s platform in the summer months compared to higher usage in the Fall/Winter, if they want to save more money upfront - they would be more likely to sign up on Snowflake's platform because they are guaranteed they would have a much lower bill as compared to Amazon AWS. Customers can adjust usage to how best they want it. On the other hand, customers who pay a lesser amount will accept that their queries and requests take longer. Customers can decide to pay snowflake more money, to get faster speed performance. Business customers have better control and autonomy in how they utilize the platform.\nOptimizing the time-to-value for customers:The biggest challenge for businesses trying to use the Snowflake platform is the length of time it takes to get Snowflake up and running, because of the extensive data migration from companies with an on-prem legacy system, moving all that data into the cloud. The average company on the Snowflake platform takes around 249-days before consuming snowflake’s product. The length of time has now been reduced to 212-days. Now imagine, if it takes a company more than 200+ days to patiently migrate data into Snowflake’s cloud, do you think that such customers will easily churn after a few months? I doubt it. Hence, companies that are signing up conduct extensive due diligence before making the decision. This is a major strength for Snowflake because customers who have signed up are more than likely going to last on the platform for multiple years. Snowflake has improved its platform optimization to deliver more value to its customer base. Although a higher time period to use a product leads to high Customer Acquisition Costs, in snowflake's case, it is a strong moat that customers are willing to wait so long. It means they will last longer on the platform and it will be very hard to churn.\nSource: Snowflake Investor Relations.\nFlexibility and Usage-based business model: The flexibility based on the usage-based business model has continued to translate into a major strength for Snowflake. Companies can consume based on their contracted capacity during a contract period. A company may decide to roll over unused capacity to future periods.\nTo summarize this third point, the usage-based business model, the combination of innovation that keeps driving down the cost of the platform relative to its higher effectiveness, the autonomy that customers receive, and the optimization of value is truly one of the unique competitive advantages that snowflake continues to hold over the competition.\n4. Building a powerful ecosystem and empire around the data cloud\nI believe Snowflake’s long-term ambition is to control a large empire of the entire data analytics and Artificial Intelligence space. For example, Amazon AWS has been built in such a way that almost a third (1/3rd) of the entire technology market today touches or is somewhat connected to AWS. Similarly with Microsoft Office suite, in Corporate America, it is difficult to not interact with a Microsoft product.\nI believe that Snowflake’s long-term goal is to be embedded within the entire Data Analytics and AI ecosystem. Below are a few pointers:\nSource: Snowflake Investor Relations\nBuilding strong partnerships with Data Universe Partners: As mentioned, Snowflake has established many partnerships with major players across the entire Data Analytics spectrum - from integration to data visualization partners. They have mentioned it several times and it is clear; they would like to control a major component of the entire space. As a result of becoming an ecosystem that every company running ML and AI computation would eventually touch, this will increase the long-term viability and stickiness of the platform. As part of building the ecosystem, has established major partnerships with companies like Deloitte. Consulting firms discussing digital transformation with large corporations can now discuss Snowflake as part of the engagement. It was recently announced at the last quarterly call that Snowflake has surpassed over $100M in deal flow with Deloitte. Snowflake's aim is to be the central nervous system and unified systems within the Data Ecosystem and that includes winning system integrators.\nMarketplace and Data Programmability Building on Snowflake:\nSnowparkis a new data programmability system that has been built to provide developers with an API for building applications or querying/analyzing data on Snowflake’s Cloud platform.\nThe goal is to automate data pipelines making programmability easy. It allows for integration with Microsoft SQL so that developers can use SQL to easily program or run codes within the platform.\nThe ability for developers, data scientists, and data engineers to seamlessly integrate with Snowflake’s platform will be game-changing. Companies or individuals can now utilize Snowflake’s partner program to help build, market, and operate applications in the snowflake Data Cloud bringing in a lot of future potential. In the near future, creative entrepreneurs can build truly successful products (or even companies) on Snowflake’s platform, elevating its brand and value.\nSnowflake Marketplace:As we are aware, Snowflake runs a marketplace where companies can share and monetize data across clouds and regions and have more relationships with business units, partners, and customers.\nAt their most recent conference, Snowflake announced massive improvements to the payment processing capability of this marketplace. Companies can easily make transactions on Snowflake’s platform. Snowflake thereby generates revenue based on take-rates on every transaction, similar to a marketplace business model.\nThe last point here is that Snowflake is focusing on becoming more industry-centric rather than purely customer-centric. In the sense that the company is focusing more on understanding the data needs of major industries and thereby catering to products that meet the needs of those industries.\n5. Best in Class Management Team & Financial Metrics:\nOne of the most unique asset of every company is the Founders and Leaders. The Founders of Snowflake were previous Oracle employees and specifically, they were \"data warehousing\" and Data Architect experts: Benoit Dageville, Thierry Cruanes and Marcin Żukowski. They knew the ins and outs, and the challenges with on-prem data storage infrastructure. They were able to turn the data world on its head by building a product that was solely for the cloud due to their knowledge.\nIn 2019, they were hired Frank Slootman. Frank is a highly respected and well-versed CEO within technology. As many people know, Frank took over a small company in 2003, doubled the company's revenue, and took them towards an IPO in 2007.\nSecondly, he joined ServiceNow in its early days when they were generating only about <$100M in revenue and quadrupled their revenue to over $2.6B eventually taking them public and retiring.\nIn summary, Frank Slootman is an executor and someone who delivers results. He is a unique CEO that has been placed at the right time for Snowflake. This article breaks down why he is special: The Outsider: How CEO-For-Hire Frank Slootman Turned Snowflake Into Software's Biggest-Ever IPO\nFinancials:\nSnowflake has some of the best ever seen financial metrics in the SaaS Industry. Below are a few highlights of their financials:\nSource: Snowflake Investor Relations\nBelow are more important metrics:\nSource: Author - Investi Analyst\nValuation and Future Metrics:\nSource: Clouded Judgement\nOn a high level, it has been much talked about that Snowflake is overvalued. The company is currently trading at EV/ 2021 Sales of 58x.\nThere are a few metrics to justify the valuation. They are currently the market leader within an industry with relatively few strong competitors. The company has been growing consistently at a rate of over 100% within a TAM industry that continues to increase. They have improved Gross Margins from the 50% to now 70%. Operating Leverage is gradually showing on its bottom-line margins.\nSnowflake has one of the highest ever dollar-based net retention and expansion rate at 168%, arguably one of the highest DBNER within the SaaS industry. Customers realize that they can run multiple clusters and workloads at the same time. The loyalty of customers gives us some visibility into future revenue.\nBiggest Risks - Competition:\nSnowflake’s ability to hold its premium valuation relative to its growth for an extensive period will be key for investors to make money on this stock. The competitive landscape will become the biggest risk for investors to watch.\n1. Amazon’s Redshiftis lacking behind Snowflake because they do not have some of the unique features that Snowflake offers around flexibility/ optimization for data storage and computational analytics. Many people prefer Snowflake because of the pay-as-you-go package and the fact that customers are charged based on strictly business and technical needs. There are many other reasons Snowflake is outpacing Redshift, but recently Amazon Redshift has been making major updates to its platform and library. Snowflake is dependent on Amazon AWS for the cloud. If Amazon prioritizes and invests significantly in Redshift, it can catch up with Snowflake because Amazon already controls many of the workloads of most enterprises.\n2. Databricks and Its Impending IPO:Databricks is a data science tooling software making massive improvements to their data cloud warehouse as well as their computational capabilities to catch up to Snowflake. If they did IPO or continue to make significant enhancements, this could lead to multiple compression for Snowflake.\n3. Slowing Customer Growth Momentum: Snowflake currently has around 4500 general customer base. On a Quarter-over-Quarter, their Fortune 500 customers growth slowed down dramatically as they only added one customer last quarter.\nIn general, their customer growth rate is slowing down. While this is not a problem, it is something that investors should keep watching and monitoring.\nSource: Snowflake Investor Relations\nPre-Earnings Expectations:\nBelow are Analyst’s estimates for Snowflake:\nAs Snowflake faces very difficult comps against last year, this earnings report will play a major role in determining if their valuation multiple continues to expand or compress moving forward.\nCustomer growth will be very important. Last quarter, they only grew by one customer amongst Fortune 500 Companies on a QoQ basis in Q1 FY 2022 Earnings. Investors will be watching these metrics closely and will provide a projection into future revenue expectations.\nAnnual Revenue Growth:\nBelow are the current estimates by Analysts:\nSource: Koyfin/Wall Street Estimates\nQuarterly Revenue Growth:\nBy next quarter, they are expected to deliver over $256M while facing tough comps.\nSource: Seeking Alpha Estimates\nA Glimpse into the Future:\nEnterprise Technology Research firm conducted a recent Q1 2021 research amongst major Global Enterprise Companies (over 1500+ Organizations) to ask about their future spending intentions on Databases/Data Warehouse.\nAs can be seen on the y-axis (net score represents the future spending momentum and it is calculated using dollar-figures), but ETR uses a net score to summarize it and on the x-axis, that represents the existing market share of the database market.\nIn summary, the chart below shows that Snowflake has the highest spending momentum (companies are planning to spend more on the platform), but they have a low market-share as at today. This proves that Snowflake has so much more room to run into the future to gain more market share of this market.\nSource: ETR Research/SiliconANGLE theCUBE\nBelow were survey questions that were asked to companies: Overwhelming almost all the companies said that they are planning to increase their adoption and 0% said they plan to drop the product.\nSource: ETR Research/SiliconANGLE theCUBE\nInstitutional Ownership keeps increasing:\nBelow are snapshots that I wanted to show investors. As you can see below, major institutions such as Hedge Funds, ETF, Mutual Funds are increasing their ownership of Snowflake stocks (despite its premium valuation).\nThis shows that big money investors have confidence in Snowflake's future and long growth runway ahead.\nSource: IBD Marketsmith/Funds Holding\nSome personal experiences:The reason my former company ultimately chose Snowflake over AWS Redshift or Microsoft Azure was because of the turnkey approach of Snowflake. Snowflake made it incredibly easy to access/use the platform and handled all the maintenance services. All customers had to worry about was transitioning data and performing analytics on them.\nThe second reason had to do with flexibility. The ability to manage your compute needs and storage needs differently were invaluable. Hence, even though getting on the platform was expensive and took over 200+ days, it was worth it over the long-term, we were able to control costs and pay-only-as-we-use.\nSummary and Conclusion:\nTo summarize this article, there are five major competitive advantages and moats that Snowflake holds:\nFirst, the vast market potential for Data Analytics with relatively few competitors, Secondly, the uniqueness and defensibility of the product. Third, the platform innovation and optimization driving marginal scale efficiencies as workloads increase on the platform. Fourth, the building of a powerful ecosystem and empire around the data cloud through partnerships, data programmability, data sharing on the marketplace, and merging industries. and Lastly, the Best in Class Financials and Management Team.\nOverall, Snowflake is still the preferred leader within their category. Snowflake is an interesting company that will continue to play a major role in the ongoing digital disruption of enterprises moving into the Cloud. They will also be integrated as AI and Data Analytics continues to play a crucial role for companies all over the world.\nThe big question for investors to continue to reflect upon is if Snowflake can continue to sustain its premium valuation for the next 3-5 years especially as Databricks and Amazon Redshift continue to gain traction. Investors would want to monitor and track the competitive landscape because I believe the competitive dynamics may be the future biggest risk.\nI will continue to follow and track developments with Snowflake. Please tell me in the comments section, what do you see as the biggest risk to the Snowflake story, and have you invested in the stock?","news_type":1,"symbols_score_info":{"SNOW":0.9}},"isVote":1,"tweetType":1,"viewCount":2669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800834375,"gmtCreate":1627289994397,"gmtModify":1703486863554,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Ok i see","listText":"Ok i see","text":"Ok i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/800834375","repostId":"2154931205","repostType":4,"isVote":1,"tweetType":1,"viewCount":3332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178291960,"gmtCreate":1626822538250,"gmtModify":1703765700543,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178291960","repostId":"178172231","repostType":1,"repost":{"id":178172231,"gmtCreate":1626794417023,"gmtModify":1703765407057,"author":{"id":"3503452965237041","authorId":"3503452965237041","name":"美股研究社","avatar":"https://static.tigerbbs.com/a239c7906133df1f3817d0746a8a0ba1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3503452965237041","idStr":"3503452965237041"},"themes":[],"htmlText":"【快訊】《消費者報告》稱，特斯拉(TSLA.O)在公共道路上使用的“完全自動駕駛”測試軟件缺乏安全措施。<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>","listText":"【快訊】《消費者報告》稱，特斯拉(TSLA.O)在公共道路上使用的“完全自動駕駛”測試軟件缺乏安全措施。<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>","text":"【快訊】《消費者報告》稱，特斯拉(TSLA.O)在公共道路上使用的“完全自動駕駛”測試軟件缺乏安全措施。$特斯拉(TSLA)$","images":[{"img":"https://static.tigerbbs.com/9777dd84b75bb82d2f13cf0795cfbad2","width":"828","height":"466"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178172231","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144761879,"gmtCreate":1626315005491,"gmtModify":1703757697722,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144761879","repostId":"2151454562","repostType":4,"isVote":1,"tweetType":1,"viewCount":1929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146201235,"gmtCreate":1626080155127,"gmtModify":1703752917857,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146201235","repostId":"146651655","repostType":1,"repost":{"id":146651655,"gmtCreate":1626077965277,"gmtModify":1703752873222,"author":{"id":"3500430567020304","authorId":"3500430567020304","name":"卡布斯说投资","avatar":"https://static.tigerbbs.com/7ffde0c8f52183fe27f9ffb66095bf31","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3500430567020304","idStr":"3500430567020304"},"themes":[],"title":"2021進入下半場，爲何我還在重倉新能源？","htmlText":"\n \n \n  在投資蔚來汽車後，我更加確認2020年-2021年是新能源股票的高峯期，截止目前，當我覆盤過去的投資決策，我發現我做的都是對的。\n \n","listText":"在投資蔚來汽車後，我更加確認2020年-2021年是新能源股票的高峯期，截止目前，當我覆盤過去的投資決策，我發現我做的都是對的。","text":"在投資蔚來汽車後，我更加確認2020年-2021年是新能源股票的高峯期，截止目前，當我覆盤過去的投資決策，我發現我做的都是對的。","images":[{"img":"https://static.tigerbbs.com/9e990cf6746e1bedab2d50b33dd43df0","width":"0","height":"0"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146651655","isVote":1,"tweetType":2,"object":{"id":"a7a6af7bcdaa48b58b0002a99e6f448d","tweetId":"146651655","videoUrl":"https://1254107296.vod2.myqcloud.com/27e1f7ecvodtransgzp1254107296/6b17cd283701925920791916444/v.f30.mp4","poster":"https://static.tigerbbs.com/9e990cf6746e1bedab2d50b33dd43df0"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167844842,"gmtCreate":1624262137186,"gmtModify":1703831842200,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Okay i see","listText":"Okay i see","text":"Okay i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167844842","repostId":"1117073468","repostType":4,"isVote":1,"tweetType":1,"viewCount":2276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167845740,"gmtCreate":1624262107080,"gmtModify":1703831841065,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Ah okay","listText":"Ah okay","text":"Ah okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167845740","repostId":"1135081526","repostType":4,"repost":{"id":"1135081526","kind":"news","pubTimestamp":1624261638,"share":"https://ttm.financial/m/news/1135081526?lang=en_US&edition=fundamental","pubTime":"2021-06-21 15:47","market":"us","language":"en","title":"U.S. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak","url":"https://stock-news.laohu8.com/highlight/detail?id=1135081526","media":"Bloomberg","summary":"(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U","content":"<p>(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U.S. inflation data test investors trying to gauge the pace of monetary tightening.</p>\n<p>St. Louis Fed President James Bullard, Dallas Fed President Robert Kaplan and New York Fed President John Williams will speak on Monday before Chair Jerome Powell testifies to Congress on Tuesday. Friday will feature a reading on the central bank’s favored inflation gauge, while in between, other regional Fed chiefs discuss the economy and monetary policy.</p>\n<p>The JPMorgan Global FX Volatility Index has climbed sharply since the Fed projections last week showed more than one rate hike in 2023. In an indication of what what may be to come this week, two-year Treasury yields and the greenback jumped on Friday after Bullard said it may be appropriate for the central bank to start raising interest rates next year.</p>\n<p>Policy makers will have a close eye on how hawkishly markets are taking their comments and forecasts, according to Vishnu Varathan, the Singapore-based head of economics and strategy at Mizuho Bank Ltd. “If markets fall into old habits of over-indulgence, then Fed attempts to rein in run-away hawks down the road should not surprise anyone,” he wrote in a research note.</p>\n<p><b>Key Gauges</b></p>\n<p>The Bloomberg Dollar Spot Index is little changed on Monday after jumping 2% last week, the most since April 2020.</p>\n<p>Data due Friday is projected to show year-on-year growth in core personal consumption expenditures probably quickened to 3.4% last month, from 3.1% in April, which was already the highest since 1992.</p>\n<p>“Market participants will be interested in whether Powell and Williams indicate concerns about an inflation overshoot,” according to a research note from Commonwealth Bank of Australia. “Signs that the FOMC is growing less certain about the inflation outlook is important for the policy outlook, and can support the U.S. dollar.”</p>","source":"lsy1612507957220","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. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak</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\">\nU.S. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/u-dollar-faces-volatile-week-064145743.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U.S. inflation data test investors trying to gauge the pace of monetary tightening.\nSt. Louis Fed ...</p>\n\n<a href=\"https://finance.yahoo.com/news/u-dollar-faces-volatile-week-064145743.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/u-dollar-faces-volatile-week-064145743.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135081526","content_text":"(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U.S. inflation data test investors trying to gauge the pace of monetary tightening.\nSt. Louis Fed President James Bullard, Dallas Fed President Robert Kaplan and New York Fed President John Williams will speak on Monday before Chair Jerome Powell testifies to Congress on Tuesday. Friday will feature a reading on the central bank’s favored inflation gauge, while in between, other regional Fed chiefs discuss the economy and monetary policy.\nThe JPMorgan Global FX Volatility Index has climbed sharply since the Fed projections last week showed more than one rate hike in 2023. In an indication of what what may be to come this week, two-year Treasury yields and the greenback jumped on Friday after Bullard said it may be appropriate for the central bank to start raising interest rates next year.\nPolicy makers will have a close eye on how hawkishly markets are taking their comments and forecasts, according to Vishnu Varathan, the Singapore-based head of economics and strategy at Mizuho Bank Ltd. “If markets fall into old habits of over-indulgence, then Fed attempts to rein in run-away hawks down the road should not surprise anyone,” he wrote in a research note.\nKey Gauges\nThe Bloomberg Dollar Spot Index is little changed on Monday after jumping 2% last week, the most since April 2020.\nData due Friday is projected to show year-on-year growth in core personal consumption expenditures probably quickened to 3.4% last month, from 3.1% in April, which was already the highest since 1992.\n“Market participants will be interested in whether Powell and Williams indicate concerns about an inflation overshoot,” according to a research note from Commonwealth Bank of Australia. “Signs that the FOMC is growing less certain about the inflation outlook is important for the policy outlook, and can support the U.S. dollar.”","news_type":1,"symbols_score_info":{"USDindexmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162190204,"gmtCreate":1624038624108,"gmtModify":1703827449773,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"oh i see","listText":"oh i see","text":"oh i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162190204","repostId":"162970771","repostType":1,"repost":{"id":162970771,"gmtCreate":1624032856088,"gmtModify":1703827285529,"author":{"id":"3527667586584720","authorId":"3527667586584720","name":"小虎综合资讯","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667586584720","idStr":"3527667586584720"},"themes":[],"title":"愛回收登陸紐交所，首日掛牌開漲31.21%","htmlText":"6月18日，互聯網二手電子產品銷售平臺愛回收在紐約證交所首日掛牌高開31.21%，報18.37美元，總市值46.78億美元。 今晚，80後復旦學子率隊站上了IPO敲鐘舞臺。 投資界6月18日消息，中國最大的二手消費電子產品交易和服務平臺——萬物新生（愛回收）集團成功在紐交所掛牌上市，成爲中概股ESG第一股。此次IPO發行價爲14美元，對應市值35.65億美元（約合人民幣230億元）。 萬物新生背後，是一對復旦師兄弟的創業故事。2011年，已經31歲的陳雪峯聯手師兄孫文俊踏入一門被忽視的生意——二手手機回收。一路走來，萬物新生曾經歷一段艱難歲月，陳雪峯一度被投資人拒之門外。如今，這位41歲創始人終於斬獲人生第一個IPO。 而萬物新生的崛起，同樣離不開身後一支投資天團。IPO前，萬物新生完成超70億元的融資，浮現了五源資本、天圖投資、景林投資、達晨財智、凱輝基金、前海母基金、老虎環球基金、啓承資本、國泰君安、清新資本、京東、快手等十餘家VC/PE機構和巨頭企業的身影。 回望十年曆程，陳雪峯在公開信寫到，我們從一個看似簡單的手機回收業務出發，“很幸運，我們不經意之間進入到了這樣一個容易被低估的行業。很長一段時間，我們一度被誤解爲是一個做手機拆解和提煉金屬的公司。”他感慨，創業中“被低估”很可能並不是壞事，很多成功往往都源於“被低估”。 復旦學子「收垃圾」 從回收舊手機起家，做出230億市值 愛回收的背後，是一位復旦程序員進階CEO的逆襲故事。 1980年，愛回收CEO陳雪峯出生於湖北黃石，從小學習成績出衆。他本科就讀於同濟大學計算機科學專業，之後又在復旦大學計算機系取得碩士學位。2006年，陳雪峯入職上海一家公司擔任技術經理，這段經歷持續了4年。 愛回收最初的創立靈感緣於幾年前的換物概念。2008年，還在做程序員的陳雪峯看到一則“別針換別墅”的新聞。新聞講述了一個美國男子通過以物","listText":"6月18日，互聯網二手電子產品銷售平臺愛回收在紐約證交所首日掛牌高開31.21%，報18.37美元，總市值46.78億美元。 今晚，80後復旦學子率隊站上了IPO敲鐘舞臺。 投資界6月18日消息，中國最大的二手消費電子產品交易和服務平臺——萬物新生（愛回收）集團成功在紐交所掛牌上市，成爲中概股ESG第一股。此次IPO發行價爲14美元，對應市值35.65億美元（約合人民幣230億元）。 萬物新生背後，是一對復旦師兄弟的創業故事。2011年，已經31歲的陳雪峯聯手師兄孫文俊踏入一門被忽視的生意——二手手機回收。一路走來，萬物新生曾經歷一段艱難歲月，陳雪峯一度被投資人拒之門外。如今，這位41歲創始人終於斬獲人生第一個IPO。 而萬物新生的崛起，同樣離不開身後一支投資天團。IPO前，萬物新生完成超70億元的融資，浮現了五源資本、天圖投資、景林投資、達晨財智、凱輝基金、前海母基金、老虎環球基金、啓承資本、國泰君安、清新資本、京東、快手等十餘家VC/PE機構和巨頭企業的身影。 回望十年曆程，陳雪峯在公開信寫到，我們從一個看似簡單的手機回收業務出發，“很幸運，我們不經意之間進入到了這樣一個容易被低估的行業。很長一段時間，我們一度被誤解爲是一個做手機拆解和提煉金屬的公司。”他感慨，創業中“被低估”很可能並不是壞事，很多成功往往都源於“被低估”。 復旦學子「收垃圾」 從回收舊手機起家，做出230億市值 愛回收的背後，是一位復旦程序員進階CEO的逆襲故事。 1980年，愛回收CEO陳雪峯出生於湖北黃石，從小學習成績出衆。他本科就讀於同濟大學計算機科學專業，之後又在復旦大學計算機系取得碩士學位。2006年，陳雪峯入職上海一家公司擔任技術經理，這段經歷持續了4年。 愛回收最初的創立靈感緣於幾年前的換物概念。2008年，還在做程序員的陳雪峯看到一則“別針換別墅”的新聞。新聞講述了一個美國男子通過以物","text":"6月18日，互聯網二手電子產品銷售平臺愛回收在紐約證交所首日掛牌高開31.21%，報18.37美元，總市值46.78億美元。 今晚，80後復旦學子率隊站上了IPO敲鐘舞臺。 投資界6月18日消息，中國最大的二手消費電子產品交易和服務平臺——萬物新生（愛回收）集團成功在紐交所掛牌上市，成爲中概股ESG第一股。此次IPO發行價爲14美元，對應市值35.65億美元（約合人民幣230億元）。 萬物新生背後，是一對復旦師兄弟的創業故事。2011年，已經31歲的陳雪峯聯手師兄孫文俊踏入一門被忽視的生意——二手手機回收。一路走來，萬物新生曾經歷一段艱難歲月，陳雪峯一度被投資人拒之門外。如今，這位41歲創始人終於斬獲人生第一個IPO。 而萬物新生的崛起，同樣離不開身後一支投資天團。IPO前，萬物新生完成超70億元的融資，浮現了五源資本、天圖投資、景林投資、達晨財智、凱輝基金、前海母基金、老虎環球基金、啓承資本、國泰君安、清新資本、京東、快手等十餘家VC/PE機構和巨頭企業的身影。 回望十年曆程，陳雪峯在公開信寫到，我們從一個看似簡單的手機回收業務出發，“很幸運，我們不經意之間進入到了這樣一個容易被低估的行業。很長一段時間，我們一度被誤解爲是一個做手機拆解和提煉金屬的公司。”他感慨，創業中“被低估”很可能並不是壞事，很多成功往往都源於“被低估”。 復旦學子「收垃圾」 從回收舊手機起家，做出230億市值 愛回收的背後，是一位復旦程序員進階CEO的逆襲故事。 1980年，愛回收CEO陳雪峯出生於湖北黃石，從小學習成績出衆。他本科就讀於同濟大學計算機科學專業，之後又在復旦大學計算機系取得碩士學位。2006年，陳雪峯入職上海一家公司擔任技術經理，這段經歷持續了4年。 愛回收最初的創立靈感緣於幾年前的換物概念。2008年，還在做程序員的陳雪峯看到一則“別針換別墅”的新聞。新聞講述了一個美國男子通過以物","images":[{"img":"https://static.tigerbbs.com/6e069bd4e7e98cc4e8ef67ef245de551","width":"1080","height":"723"},{"img":"https://static.tigerbbs.com/8076b9e3d9cb89fc46a4b6aa923eaaea","width":"1080","height":"2222"},{"img":"https://static.tigerbbs.com/291f9455ffca3312c81f6745545bdbf7","width":"866","height":"424"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162970771","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169315133,"gmtCreate":1623816950422,"gmtModify":1703820386182,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169315133","isVote":1,"tweetType":1,"viewCount":748,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185562968,"gmtCreate":1623660837154,"gmtModify":1704208037294,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Hello everyone","listText":"Hello everyone","text":"Hello everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185562968","isVote":1,"tweetType":1,"viewCount":873,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182176831,"gmtCreate":1623560132223,"gmtModify":1704206203782,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182176831","repostId":"1191179846","repostType":4,"isVote":1,"tweetType":1,"viewCount":997,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188650597,"gmtCreate":1623434566419,"gmtModify":1704203731918,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"yes i see//<a href=\"https://laohu8.com/U/3563421686188310\">@Hopehope</a>:Resending this article","listText":"yes i see//<a href=\"https://laohu8.com/U/3563421686188310\">@Hopehope</a>:Resending this article","text":"yes i see//@Hopehope:Resending this article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188650597","repostId":"181849722","repostType":1,"repost":{"id":181849722,"gmtCreate":1623386697866,"gmtModify":1704202259609,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3563421686188310","idStr":"3563421686188310"},"themes":[],"title":"11 June 2021: Tiger Brokers' Shortsellers go broke? Why?","htmlText":"Readers would have known that I have a view of the broad markets and have mentioned that my view is for Nasdaq 100 to hit 16,000. Will I be right or wrong? Like what I have always said, only time will tell if I will be right. Even if I am right now, will I continue to `be right? As you know, past performance does not guarantee future performance though it is one indicator to assess my ability to read the markets.As it goes, I had in May 2021 mentioned that we had to see if support can be held at 13,000 for Nasdaq 100 futures during the cryptocurrencies crashed when Bitcoin first broke 40,000 USD and then tanked rapidly to 31,000 USD. ETH and Dogecoin also fell rapidly back then. Since then, I had mentioned that further support should be seen at 13,400, 13,560, 13,700 and 13,760 and have ov","listText":"Readers would have known that I have a view of the broad markets and have mentioned that my view is for Nasdaq 100 to hit 16,000. Will I be right or wrong? Like what I have always said, only time will tell if I will be right. Even if I am right now, will I continue to `be right? As you know, past performance does not guarantee future performance though it is one indicator to assess my ability to read the markets.As it goes, I had in May 2021 mentioned that we had to see if support can be held at 13,000 for Nasdaq 100 futures during the cryptocurrencies crashed when Bitcoin first broke 40,000 USD and then tanked rapidly to 31,000 USD. ETH and Dogecoin also fell rapidly back then. Since then, I had mentioned that further support should be seen at 13,400, 13,560, 13,700 and 13,760 and have ov","text":"Readers would have known that I have a view of the broad markets and have mentioned that my view is for Nasdaq 100 to hit 16,000. Will I be right or wrong? Like what I have always said, only time will tell if I will be right. Even if I am right now, will I continue to `be right? As you know, past performance does not guarantee future performance though it is one indicator to assess my ability to read the markets.As it goes, I had in May 2021 mentioned that we had to see if support can be held at 13,000 for Nasdaq 100 futures during the cryptocurrencies crashed when Bitcoin first broke 40,000 USD and then tanked rapidly to 31,000 USD. ETH and Dogecoin also fell rapidly back then. Since then, I had mentioned that further support should be seen at 13,400, 13,560, 13,700 and 13,760 and have ov","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181849722","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114172815,"gmtCreate":1623061509137,"gmtModify":1704195247338,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"ahh okay","listText":"ahh okay","text":"ahh okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114172815","repostId":"114169204","repostType":1,"repost":{"id":114169204,"gmtCreate":1623057865104,"gmtModify":1704195183630,"author":{"id":"3527667586584720","authorId":"3527667586584720","name":"小虎综合资讯","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667586584720","idStr":"3527667586584720"},"themes":[],"title":"盤前異動：WSB概念股又嗨了，多隻明星中概股“病怏怏”","htmlText":"6月7日，美國三大股指期貨漲跌不一，截至發稿，道指期貨漲0.01%；標普500指數期貨跌0.14%；納斯達克100指數期貨跌0.30%。WSB概念股盤前上漲，<a href=\"https://laohu8.com/S/MVIS\">$維視圖像(MVIS)$</a>漲超9%，Naked Brand漲超8%，<a href=\"https://laohu8.com/S/AMC\">$AMC院線(AMC)$</a>、<a href=\"https://laohu8.com/S/BBRY\">$黑莓(BBRY)$</a>漲超4%，<a href=\"https://laohu8.com/S/GME\">$遊戲驛站(GME)$</a>漲近2%。 部分明星中概股走弱，<a href=\"https://laohu8.com/S/EM\">$怪獸充電(EM)$</a>跌超4%，<a href=\"https://laohu8.com/S/EDU\">$新東方(EDU)$</a>跌超3%，<a href=\"https://laohu8.com/S/XPEV\">$小鵬汽車(XPEV)$</a>、<a href=\"https://laohu8.com/S/NIO\">$蔚來(NIO)$</a>、<a href=\"https://laohu8.com/S/IQ\">$愛奇藝(IQ)$</a>、<a href=\"https://laohu8.com/S/BILI\">$嗶哩嗶哩(BILI)$</a>跌超1% 加拿大臨牀階段生物製藥公司Liminal BioSciences盤前漲超46%，美國食品藥品監督管理局通過其藥物Ryplazim的生物製劑許可證申請。 明星科技股盤前走弱，<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>、","listText":"6月7日，美國三大股指期貨漲跌不一，截至發稿，道指期貨漲0.01%；標普500指數期貨跌0.14%；納斯達克100指數期貨跌0.30%。WSB概念股盤前上漲，<a href=\"https://laohu8.com/S/MVIS\">$維視圖像(MVIS)$</a>漲超9%，Naked Brand漲超8%，<a href=\"https://laohu8.com/S/AMC\">$AMC院線(AMC)$</a>、<a href=\"https://laohu8.com/S/BBRY\">$黑莓(BBRY)$</a>漲超4%，<a href=\"https://laohu8.com/S/GME\">$遊戲驛站(GME)$</a>漲近2%。 部分明星中概股走弱，<a href=\"https://laohu8.com/S/EM\">$怪獸充電(EM)$</a>跌超4%，<a href=\"https://laohu8.com/S/EDU\">$新東方(EDU)$</a>跌超3%，<a href=\"https://laohu8.com/S/XPEV\">$小鵬汽車(XPEV)$</a>、<a href=\"https://laohu8.com/S/NIO\">$蔚來(NIO)$</a>、<a href=\"https://laohu8.com/S/IQ\">$愛奇藝(IQ)$</a>、<a href=\"https://laohu8.com/S/BILI\">$嗶哩嗶哩(BILI)$</a>跌超1% 加拿大臨牀階段生物製藥公司Liminal BioSciences盤前漲超46%，美國食品藥品監督管理局通過其藥物Ryplazim的生物製劑許可證申請。 明星科技股盤前走弱，<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>、","text":"6月7日，美國三大股指期貨漲跌不一，截至發稿，道指期貨漲0.01%；標普500指數期貨跌0.14%；納斯達克100指數期貨跌0.30%。WSB概念股盤前上漲，$維視圖像(MVIS)$漲超9%，Naked Brand漲超8%，$AMC院線(AMC)$、$黑莓(BBRY)$漲超4%，$遊戲驛站(GME)$漲近2%。 部分明星中概股走弱，$怪獸充電(EM)$跌超4%，$新東方(EDU)$跌超3%，$小鵬汽車(XPEV)$、$蔚來(NIO)$、$愛奇藝(IQ)$、$嗶哩嗶哩(BILI)$跌超1% 加拿大臨牀階段生物製藥公司Liminal BioSciences盤前漲超46%，美國食品藥品監督管理局通過其藥物Ryplazim的生物製劑許可證申請。 明星科技股盤前走弱，$特斯拉(TSLA)$、","images":[{"img":"https://static.tigerbbs.com/d4b94d86f2af352ecc41613220ce7e78","width":"828","height":"245"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114169204","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113578916,"gmtCreate":1622629527935,"gmtModify":1704187647509,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Oh i see","listText":"Oh i see","text":"Oh i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113578916","repostId":"1188552613","repostType":4,"repost":{"id":"1188552613","kind":"news","pubTimestamp":1622627641,"share":"https://ttm.financial/m/news/1188552613?lang=en_US&edition=fundamental","pubTime":"2021-06-02 17:54","market":"us","language":"en","title":"AMC Stock Is Surging Again. How to Make Sense of the Move.","url":"https://stock-news.laohu8.com/highlight/detail?id=1188552613","media":"Barrons","summary":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, th","content":"<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of&nbsp;GameStop&nbsp;and&nbsp;BlackBerry&nbsp;into speculative territory.</p>\n<p>But it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.</p>\n<p>Shares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office.&nbsp;Shares were up another 34%, to $42.92, in premarket trading Wednesday.</p>\n<p>Even if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.</p>\n<p>AMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.</p>\n<p>So, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.</p>\n<p>Back then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.</p>\n<p>The upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&amp;P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.</p>\n<p>In those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.</p>\n<p>Maybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.</p>\n<p>If AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.</p>\n<p>Then, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&amp;P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.</p>\n<p>There are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.</p>\n<p>Also, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.</p>\n<p>AMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.</p>\n<p>There is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.</p>\n<p>AMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.</p>\n<p>Wall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.</p>\n<p>Analysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.</p>\n<p>And that’s just another way of saying that AMC bulls are a long way from making the math work.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Stock Is Surging Again. How to Make Sense of the 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; 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\">\nAMC Stock Is Surging Again. How to Make Sense of the Move.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 17:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1\">Source 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://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188552613","content_text":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into speculative territory.\nBut it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.\nShares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office. Shares were up another 34%, to $42.92, in premarket trading Wednesday.\nEven if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.\nAMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.\nSo, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.\nBack then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.\nThe upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.\nIn those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.\nMaybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.\nIf AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.\nThen, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.\nThere are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.\nAlso, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.\nAMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.\nThere is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.\nAMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.\nWall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.\nAnalysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.\nAnd that’s just another way of saying that AMC bulls are a long way from making the math work.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138765311,"gmtCreate":1621968943433,"gmtModify":1704365269387,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"hahahaha","listText":"hahahaha","text":"hahahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138765311","repostId":"138735954","repostType":1,"repost":{"id":138735954,"gmtCreate":1621961275678,"gmtModify":1704365230827,"author":{"id":"3483669283508638","authorId":"3483669283508638","name":"我就是阿硕","avatar":"https://static.tigerbbs.com/ef3a6f12848da8815606073e69dae4be","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3483669283508638","idStr":"3483669283508638"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BDL\">$Flanigans Enterprises Inc(BDL)$</a>沒戲了，我掛50多一點點，傷心?","listText":"<a href=\"https://laohu8.com/S/BDL\">$Flanigans Enterprises Inc(BDL)$</a>沒戲了，我掛50多一點點，傷心?","text":"$Flanigans Enterprises Inc(BDL)$沒戲了，我掛50多一點點，傷心?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138735954","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1096,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131521079,"gmtCreate":1621868463791,"gmtModify":1704363624609,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"I see","listText":"I see","text":"I see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131521079","isVote":1,"tweetType":1,"viewCount":904,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139451584,"gmtCreate":1621651941348,"gmtModify":1704361071569,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Yes i think","listText":"Yes i think","text":"Yes i think","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139451584","isVote":1,"tweetType":1,"viewCount":580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194747769,"gmtCreate":1621405480951,"gmtModify":1704357098492,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Yes do","listText":"Yes do","text":"Yes do","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194747769","isVote":1,"tweetType":1,"viewCount":685,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":800834375,"gmtCreate":1627289994397,"gmtModify":1703486863554,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Ok i see","listText":"Ok i see","text":"Ok i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/800834375","repostId":"2154931205","repostType":4,"isVote":1,"tweetType":1,"viewCount":3332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834358602,"gmtCreate":1629774006306,"gmtModify":1676530127207,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Moon","listText":"Moon","text":"Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834358602","repostId":"2161703720","repostType":4,"isVote":1,"tweetType":1,"viewCount":3027,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113578916,"gmtCreate":1622629527935,"gmtModify":1704187647509,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Oh i see","listText":"Oh i see","text":"Oh i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113578916","repostId":"1188552613","repostType":4,"repost":{"id":"1188552613","kind":"news","pubTimestamp":1622627641,"share":"https://ttm.financial/m/news/1188552613?lang=en_US&edition=fundamental","pubTime":"2021-06-02 17:54","market":"us","language":"en","title":"AMC Stock Is Surging Again. How to Make Sense of the Move.","url":"https://stock-news.laohu8.com/highlight/detail?id=1188552613","media":"Barrons","summary":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, th","content":"<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of&nbsp;GameStop&nbsp;and&nbsp;BlackBerry&nbsp;into speculative territory.</p>\n<p>But it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.</p>\n<p>Shares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office.&nbsp;Shares were up another 34%, to $42.92, in premarket trading Wednesday.</p>\n<p>Even if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.</p>\n<p>AMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.</p>\n<p>So, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.</p>\n<p>Back then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.</p>\n<p>The upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&amp;P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.</p>\n<p>In those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.</p>\n<p>Maybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.</p>\n<p>If AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.</p>\n<p>Then, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&amp;P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.</p>\n<p>There are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.</p>\n<p>Also, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.</p>\n<p>AMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.</p>\n<p>There is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.</p>\n<p>AMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.</p>\n<p>Wall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.</p>\n<p>Analysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.</p>\n<p>And that’s just another way of saying that AMC bulls are a long way from making the math work.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Stock Is Surging Again. How to Make Sense of the 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; 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\">\nAMC Stock Is Surging Again. How to Make Sense of the Move.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 17:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1\">Source 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://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188552613","content_text":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into speculative territory.\nBut it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.\nShares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office. Shares were up another 34%, to $42.92, in premarket trading Wednesday.\nEven if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.\nAMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.\nSo, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.\nBack then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.\nThe upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.\nIn those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.\nMaybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.\nIf AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.\nThen, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.\nThere are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.\nAlso, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.\nAMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.\nThere is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.\nAMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.\nWall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.\nAnalysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.\nAnd that’s just another way of saying that AMC bulls are a long way from making the math work.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194877393,"gmtCreate":1621365331812,"gmtModify":1704356429762,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"JXHXJ","listText":"JXHXJ","text":"JXHXJ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/194877393","repostId":"2136995492","repostType":4,"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329021100,"gmtCreate":1615191876800,"gmtModify":1704779316014,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329021100","repostId":"2117651365","repostType":4,"isVote":1,"tweetType":1,"viewCount":632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144761879,"gmtCreate":1626315005491,"gmtModify":1703757697722,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144761879","repostId":"2151454562","repostType":4,"isVote":1,"tweetType":1,"viewCount":1929,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343831479,"gmtCreate":1617699940791,"gmtModify":1704701930118,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Yes true","listText":"Yes true","text":"Yes true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343831479","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","kind":"news","pubTimestamp":1617672655,"share":"https://ttm.financial/m/news/1101907559?lang=en_US&edition=fundamental","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<blockquote>\n <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>\n</blockquote>\n<p>Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p>\n<p>In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p>\n<p>Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p>\n<p>The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p>\n<p>A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p>\n<p><b>Unregulated money managers</b></p>\n<p>Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p>\n<p>This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p>\n<p>The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p>\n<p>But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p>\n<p><b>Danger of counterparty risk</b></p>\n<p>This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p>\n<p>So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p>\n<p>One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p>\n<p>But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p>\n<p><b>Yellen on the case</b></p>\n<p>This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p>\n<p>Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p>\n<p>The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time</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\">\nOpinion: Financial crises get triggered about every 10 years — Archegos might be right on time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">Source 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",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,"SPY":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321429665,"gmtCreate":1615463541057,"gmtModify":1704783088621,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Wow amazing!","listText":"Wow amazing!","text":"Wow amazing!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/321429665","repostId":"1148700766","repostType":4,"repost":{"id":"1148700766","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1615461584,"share":"https://ttm.financial/m/news/1148700766?lang=en_US&edition=fundamental","pubTime":"2021-03-11 19:19","market":"us","language":"en","title":"Dating app Bumble expects pent up demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1148700766","media":"Reuters","summary":"Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in p","content":"<p>Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in person due to the COVID-19 pandemic, after it reported a bigger-than-expected rise in fourth-quarter revenue.</p>\n<p>Dating apps have benefited from social distancing restrictions that made people yearn for company as casual gatherings with friends and family became a rarity.</p>\n<p>The company said it will build its friendship product Bumble BFF beyond its minimum viable offering as it expects friendships and platonic relationships at large to be a massive opportunity going forward.</p>\n<p>Texas-based Bumble expects current quarter revenue to be in the range of $163 million and $165 million.</p>\n<p>Bumble boasted of 12.7% of the U.S. dating market, with close to 5.5 million average monthly active users and 2.2 million downloads in the United States alone, during the quarter, according to data from analytics firm Apptopia.</p>\n<p>The company differentiates itself from competitors, biggest rival being Match Group’s Tinder, by allowing women to make the first move. It also has verticals like Bumble BFF and Bumble Bizz that are dedicated to make friendships and professional connection.</p>\n<p>Founded by Tinder co-founder Whitney Wolfe Herd, Bumble raised $2.2 billion in its initial public offering last month, following which Herd became the youngest female CEO to ever take a company public.</p>\n<p>Bumble, which operates two major apps Badoo and Bumble, posted a 31.1% rise in revenue to $165.6 million in the fourth quarter, first earnings report since it went public. Analysts on average had expected a revenue of $163.3 million, according to Refinitiv IBES data.</p>\n<p>Net loss widened to $26.1 million during the quarter, or 1 cent a share, from a net loss of $17.2 million a year ago.</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>Dating app Bumble expects pent up demand</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\">\nDating app Bumble expects pent up demand\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\">2021-03-11 19:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in person due to the COVID-19 pandemic, after it reported a bigger-than-expected rise in fourth-quarter revenue.</p>\n<p>Dating apps have benefited from social distancing restrictions that made people yearn for company as casual gatherings with friends and family became a rarity.</p>\n<p>The company said it will build its friendship product Bumble BFF beyond its minimum viable offering as it expects friendships and platonic relationships at large to be a massive opportunity going forward.</p>\n<p>Texas-based Bumble expects current quarter revenue to be in the range of $163 million and $165 million.</p>\n<p>Bumble boasted of 12.7% of the U.S. dating market, with close to 5.5 million average monthly active users and 2.2 million downloads in the United States alone, during the quarter, according to data from analytics firm Apptopia.</p>\n<p>The company differentiates itself from competitors, biggest rival being Match Group’s Tinder, by allowing women to make the first move. It also has verticals like Bumble BFF and Bumble Bizz that are dedicated to make friendships and professional connection.</p>\n<p>Founded by Tinder co-founder Whitney Wolfe Herd, Bumble raised $2.2 billion in its initial public offering last month, following which Herd became the youngest female CEO to ever take a company public.</p>\n<p>Bumble, which operates two major apps Badoo and Bumble, posted a 31.1% rise in revenue to $165.6 million in the fourth quarter, first earnings report since it went public. Analysts on average had expected a revenue of $163.3 million, according to Refinitiv IBES data.</p>\n<p>Net loss widened to $26.1 million during the quarter, or 1 cent a share, from a net loss of $17.2 million a year ago.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BMBL":"Bumble Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148700766","content_text":"Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in person due to the COVID-19 pandemic, after it reported a bigger-than-expected rise in fourth-quarter revenue.\nDating apps have benefited from social distancing restrictions that made people yearn for company as casual gatherings with friends and family became a rarity.\nThe company said it will build its friendship product Bumble BFF beyond its minimum viable offering as it expects friendships and platonic relationships at large to be a massive opportunity going forward.\nTexas-based Bumble expects current quarter revenue to be in the range of $163 million and $165 million.\nBumble boasted of 12.7% of the U.S. dating market, with close to 5.5 million average monthly active users and 2.2 million downloads in the United States alone, during the quarter, according to data from analytics firm Apptopia.\nThe company differentiates itself from competitors, biggest rival being Match Group’s Tinder, by allowing women to make the first move. It also has verticals like Bumble BFF and Bumble Bizz that are dedicated to make friendships and professional connection.\nFounded by Tinder co-founder Whitney Wolfe Herd, Bumble raised $2.2 billion in its initial public offering last month, following which Herd became the youngest female CEO to ever take a company public.\nBumble, which operates two major apps Badoo and Bumble, posted a 31.1% rise in revenue to $165.6 million in the fourth quarter, first earnings report since it went public. Analysts on average had expected a revenue of $163.3 million, according to Refinitiv IBES data.\nNet loss widened to $26.1 million during the quarter, or 1 cent a share, from a net loss of $17.2 million a year ago.","news_type":1,"symbols_score_info":{"BMBL":0.9}},"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329881283,"gmtCreate":1615220462942,"gmtModify":1704779827307,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329881283","repostId":"1130305981","repostType":4,"repost":{"id":"1130305981","kind":"news","pubTimestamp":1615217480,"share":"https://ttm.financial/m/news/1130305981?lang=en_US&edition=fundamental","pubTime":"2021-03-08 23:31","market":"us","language":"en","title":"Buy Target Stock on the Dip, Analyst Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1130305981","media":"Barrons","summary":"Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its store","content":"<p>Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet Guggenheim argues that Target’s advantage is here to stay, and that selloff is a buying opportunity.</p>\n<p>Analyst Robert Drbul boosted his rating on Target (ticker: TGT) to Buy from Neutral, and established a $200 price target on Monday. He writes that he has “admired the execution and performance of the company over the past year and have been waiting for a pullback to become more constructive.” With the shares off some 6% last week,despite another upbeat earnings report, that time has come.</p>\n<p>Drbul sees three main reasons to be bullish on Target. First, he notes the tremendous growth the company saw last year, when it grew revenue by $15 billion, more than the company had grown over the prior 11 years combined.</p>\n<p>“Target proved fulfill-from-store can work, driving share gains and meeting an unprecedented demand led by a rise in digital demand,” he writes, and while he had “stubbornly been skeptical” of the company’s ability to execute as well as major competitors such asWalmart(WMT) andAmazon.com(AMZN), those fears have been laid to rest, leading him to think that these three retailers will keep their pandemic market-share gains.</p>\n<p>Second, he also likes the company’s expanding partnerships with key brands, includingLevi Strauss(LEVI), Ulta Beauty (ULTA), andWalt Disney(DIS). He notes that these high-profile agreements with popular consumer brands could be a “tipping point for vendors,” as they drive more and more traffic to Target.</p>\n<p>Finally, Drbul is upbeat about the U.S. consumer in 2021: While unemployment remains an issue, government stimulus and greater savings rates should allow for more shopping. “We expect Target to fully participate in the discretionary spending increase in 2021, led by its apparel offering.”</p>\n<p>Target stock is up 1.4% to $175 in recent trading. The shares are up 66% in the past 12 months but have fallen 2.2% year to date. Other analysts have also argued that therecent selloff is overdone.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy Target Stock on the Dip, Analyst 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\">\nBuy Target Stock on the Dip, Analyst Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet ...</p>\n\n<a href=\"https://www.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST\">Source 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.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130305981","content_text":"Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet Guggenheim argues that Target’s advantage is here to stay, and that selloff is a buying opportunity.\nAnalyst Robert Drbul boosted his rating on Target (ticker: TGT) to Buy from Neutral, and established a $200 price target on Monday. He writes that he has “admired the execution and performance of the company over the past year and have been waiting for a pullback to become more constructive.” With the shares off some 6% last week,despite another upbeat earnings report, that time has come.\nDrbul sees three main reasons to be bullish on Target. First, he notes the tremendous growth the company saw last year, when it grew revenue by $15 billion, more than the company had grown over the prior 11 years combined.\n“Target proved fulfill-from-store can work, driving share gains and meeting an unprecedented demand led by a rise in digital demand,” he writes, and while he had “stubbornly been skeptical” of the company’s ability to execute as well as major competitors such asWalmart(WMT) andAmazon.com(AMZN), those fears have been laid to rest, leading him to think that these three retailers will keep their pandemic market-share gains.\nSecond, he also likes the company’s expanding partnerships with key brands, includingLevi Strauss(LEVI), Ulta Beauty (ULTA), andWalt Disney(DIS). He notes that these high-profile agreements with popular consumer brands could be a “tipping point for vendors,” as they drive more and more traffic to Target.\nFinally, Drbul is upbeat about the U.S. consumer in 2021: While unemployment remains an issue, government stimulus and greater savings rates should allow for more shopping. “We expect Target to fully participate in the discretionary spending increase in 2021, led by its apparel offering.”\nTarget stock is up 1.4% to $175 in recent trading. The shares are up 66% in the past 12 months but have fallen 2.2% year to date. Other analysts have also argued that therecent selloff is overdone.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803359124,"gmtCreate":1627424224668,"gmtModify":1703489496175,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577181668002271","idStr":"3577181668002271"},"themes":[],"htmlText":"Oh ok","listText":"Oh ok","text":"Oh ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803359124","repostId":"2154691065","repostType":4,"repost":{"id":"2154691065","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627423500,"share":"https://ttm.financial/m/news/2154691065?lang=en_US&edition=fundamental","pubTime":"2021-07-28 06:05","market":"us","language":"en","title":"Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown","url":"https://stock-news.laohu8.com/highlight/detail?id=2154691065","media":"Dow Jones","summary":"Supply constraints and foreign exchange expected to drive lower growth rate in September quarter. Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period.Apple's $$ revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive s","content":"<font class=\"NormalMinus1\" face=\"Arial\"> <p> MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown </p> <p> By Emily Bary </p> <p> Supply constraints and foreign exchange expected to drive lower growth rate in September quarter </p> <p> Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period. </p> <p> The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01. </p> <p> Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion. </p> <p> The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion. </p> <p> Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\" </p> <p> Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter. </p> <p> Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses. </p> <p> Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate. </p> <p> Shares were off 2.2% in after-hours trading. </p> <p> The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively. </p> <p> Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record. </p> <p> The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus. </p> <p> Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%. </p> <p> -Emily Bary; 415-439-6400; AskNewswires@dowjones.com </p> <pre>\n \n</pre> <p> <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires </p> <p> July 27, 2021 18:05 ET (22:05 GMT) </p> <p> Copyright (c) 2021 Dow Jones &amp; Company, Inc. </p> </font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple profit nearly doubles as iPhone sales boom, but company projects growth slowdown\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\">2021-07-28 06:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\"> <p> MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown </p> <p> By Emily Bary </p> <p> Supply constraints and foreign exchange expected to drive lower growth rate in September quarter </p> <p> Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period. </p> <p> The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01. </p> <p> Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion. </p> <p> The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion. </p> <p> Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\" </p> <p> Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter. </p> <p> Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses. </p> <p> Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate. </p> <p> Shares were off 2.2% in after-hours trading. </p> <p> The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively. </p> <p> Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record. </p> <p> The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus. </p> <p> Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%. </p> <p> -Emily Bary; 415-439-6400; AskNewswires@dowjones.com </p> <pre>\n \n</pre> <p> <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires </p> <p> July 27, 2021 18:05 ET (22:05 GMT) </p> <p> Copyright (c) 2021 Dow Jones &amp; Company, Inc. </p> </font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154691065","content_text":"MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown   By Emily Bary   Supply constraints and foreign exchange expected to drive lower growth rate in September quarter   Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period.   The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01.   Apple's $(AAPL)$ revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion.   The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion.   Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\"   Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter.   Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses.   Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate.   Shares were off 2.2% in after-hours trading.   The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively.   Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record.   The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus.   Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%.   -Emily Bary; 415-439-6400; AskNewswires@dowjones.com  \n \n  $(END)$ Dow Jones Newswires   July 27, 2021 18:05 ET (22:05 GMT)   Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"AAPL":1}},"isVote":1,"tweetType":1,"viewCount":2818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}