ggggigi personal page - To The Moon

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2021-06-05

$AMC Entertainment(AMC)$HODL TO THE MOON???

2021-06-24

Apple working on many big projects

Apple Working On A 'Journalism Project' With New York Magazine

2021-06-03

just a curiosity! if its fake news, why is there a dip in premarket price?

AMC Entertainment Holdings Files To Sell Up To 11.55Mln Shares

2021-06-19

they tryna get us but no I aint selling

3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%

2021-06-12

wahahahaha we apes winning this???

Mudrick’s AMC Bet Backfires After Meme Frenzy Wrecks Hedges

2021-06-15

it's going to the moon

AMC jumped more than 15%, other 'meme stocks' mixed

2021-08-09

very true. although i love apple, apple tv is insignificant compared to netflix and disney. but their strengths lies in mobile devices though

Apple Needs To Cut Apple TV Prices Or Cull The Beleaguered Living Room Gadget: Gurman

2021-07-03

Very good. Short sell more. BecAuse we apes gna GET BACK AT YA SOON ????

Iceberg Research: We're shorting AMC Entertainment

2021-04-11

bought nio at High price :(

EV Stocks underperformed

2021-06-29

Time to buy more

NIO: The Path To A $1 Trillion Valuation

2021-06-18

many negative news that plague apple recently, but its defying gravity ???

Why Apple Stock Looks Ready To Break Out In The Weeks Ahead

2021-06-06

to the moon!!!

Nio Begins Prepping For Nio Day 2021: What We Know So Far

2021-07-01

Glad I didn’t buy when it’s all time high

Boom, bust and bewildered: Bitcoin's year so far

2021-06-29

It reached 1 trillion value right.. is it good time to buy?

Facebook: Simply Unstoppable

2021-06-21

Nio gogo

EV stocks fell in morning trading

2021-07-01

$NIO Inc.(NIO)$Should have bought more!!

2021-06-28

All so exp…

7 Growth Stocks to Buy and Hold for a Golden Retirement

2021-06-24

$BlackBerry(BB)$In the red zone but I’m HODLING ??????

2021-06-15

hedgies will get what they deserve, AMC TO THE MOON

AMC Shorts Get Smoked Again And Options Traders Hammer Calls

2021-06-10

buy the dip. hodl the line.

AMC stock sheds 5.0% premarket, after dropping 10.4% on Wednesday

Go to Tiger App to see more news

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term stock&nbsp;","listText":"long term stock&nbsp;","text":"long term stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838528646","repostId":"1140427466","repostType":2,"isVote":1,"tweetType":1,"viewCount":663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898426364,"gmtCreate":1628518308158,"gmtModify":1703507461037,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"i invested in both etfs bc i believe in cathie wood&nbsp;","listText":"i invested in both etfs bc i believe in cathie wood&nbsp;","text":"i invested in both etfs bc i believe in cathie wood","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898426364","repostId":"1161520384","repostType":2,"repost":{"id":"1161520384","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628473423,"share":"https://ttm.financial/m/news/1161520384?lang=&edition=fundamental","pubTime":"2021-08-09 09:43","market":"us","language":"en","title":"Cathie Wood's Ark Invest Sheds Another $35M In Square, Snaps $19M in Roku","url":"https://stock-news.laohu8.com/highlight/detail?id=1161520384","media":"Benzinga","summary":"Cathie Wood-led Ark Invest on Friday shed another 127,800 shares, estimated to be worth about $35.16","content":"<p><b>Cathie Wood</b>-led&nbsp;<b>Ark Invest</b>&nbsp;on Friday shed another 127,800 shares, estimated to be worth about $35.16 million, in&nbsp;<b><a href=\"https://laohu8.com/S/SQ\">Square</a></b>, booking more profits as the stock recorded a 10% weekly gain.</p>\n<p>SQ shares closed 2.38% lower at $275.10 on Friday but surged 11.3% in the week after a solid earnings beat. The&nbsp;<b>Jack Dorsey</b>-led financial services and digital payment company said it had agreed to purchase buy-now, pay-later company&nbsp;<a href=\"https://laohu8.com/S/AFTPF\">Afterpay Ltd.</a> in an all-stock deal valued at $29 billion.</p>\n<p>Ark Invest deployed both&nbsp;<a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> to sell Square shares on Friday. The investment firm also holds a position in Square via the&nbsp;<a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internet ETF</a> and the&nbsp;<a href=\"https://laohu8.com/S/ARKF\">ARK Fintech Innovation ETF</a> .</p>\n<p>Together, the three ETFs held about 6.57 million shares, worth $1.85 billion, in Square ahead of Friday’s trade. 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The&nbsp;<b>Jack Dorsey</b>-led financial services and digital payment company said it had agreed to purchase buy-now, pay-later company&nbsp;<a href=\"https://laohu8.com/S/AFTPF\">Afterpay Ltd.</a> in an all-stock deal valued at $29 billion.</p>\n<p>Ark Invest deployed both&nbsp;<a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> to sell Square shares on Friday. The investment firm also holds a position in Square via the&nbsp;<a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internet ETF</a> and the&nbsp;<a href=\"https://laohu8.com/S/ARKF\">ARK Fintech Innovation ETF</a> .</p>\n<p>Together, the three ETFs held about 6.57 million shares, worth $1.85 billion, in Square ahead of Friday’s trade. A week ago, just before the shares surged, Ark Invest&nbsp;held over 7 million shares, worth $1.74 billionin Square.</p>\n<p>The New York-based investment management firm also bought 48,880 shares, estimated to be worth about $19.14 million, in&nbsp;<b><a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a></b>, on the dip — the second straight buy after three months of selling its positions in the streaming media player.</p>\n<p>Roku shares closed 2.98% lower at $391.47 on Friday.</p>\n<p>Ark Invest deployed ARKK to buy shares in the San Jose, California-based company on Friday and also holds positions via the&nbsp;<a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internet ETF</a>.</p>\n<p>Together the two ETFs held 3.87 million, worth $1.56 billion, in Roku ahead of Friday’s trade.</p>\n<p>Some of the other key Ark Invest buys on Friday included&nbsp;<a href=\"https://laohu8.com/S/PATH\">UiPath</a> and sells included&nbsp;<a href=\"https://laohu8.com/S/SGFY\">Signify Health, Inc.</a>.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","ARKK":"ARK Innovation ETF","SGFY":"Signify Health, Inc.","PATH":"UiPath","ROKU":"Roku Inc","ARKW":"ARK Next Generation Internation ETF","SQ":"Block"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161520384","content_text":"Cathie Wood-led Ark Invest on Friday shed another 127,800 shares, estimated to be worth about $35.16 million, in Square, booking more profits as the stock recorded a 10% weekly gain.\nSQ shares closed 2.38% lower at $275.10 on Friday but surged 11.3% in the week after a solid earnings beat. The Jack Dorsey-led financial services and digital payment company said it had agreed to purchase buy-now, pay-later company Afterpay Ltd. in an all-stock deal valued at $29 billion.\nArk Invest deployed both ARK Innovation ETF to sell Square shares on Friday. The investment firm also holds a position in Square via the ARK Next Generation Internet ETF and the ARK Fintech Innovation ETF .\nTogether, the three ETFs held about 6.57 million shares, worth $1.85 billion, in Square ahead of Friday’s trade. A week ago, just before the shares surged, Ark Invest held over 7 million shares, worth $1.74 billionin Square.\nThe New York-based investment management firm also bought 48,880 shares, estimated to be worth about $19.14 million, in Roku Inc, on the dip — the second straight buy after three months of selling its positions in the streaming media player.\nRoku shares closed 2.98% lower at $391.47 on Friday.\nArk Invest deployed ARKK to buy shares in the San Jose, California-based company on Friday and also holds positions via the ARK Next Generation Internet ETF.\nTogether the two ETFs held 3.87 million, worth $1.56 billion, in Roku ahead of Friday’s trade.\nSome of the other key Ark Invest buys on Friday included UiPath and sells included Signify Health, Inc..","news_type":1},"isVote":1,"tweetType":1,"viewCount":379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898423189,"gmtCreate":1628518200941,"gmtModify":1703507456792,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"very true. although i love apple, apple tv is insignificant compared to netflix&nbsp;and disney. but their strengths lies in mobile devices though","listText":"very true. although i love apple, apple tv is insignificant compared to netflix&nbsp;and disney. but their strengths lies in mobile devices though","text":"very true. although i love apple, apple tv is insignificant compared to netflix and disney. but their strengths lies in mobile devices though","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/898423189","repostId":"1117756865","repostType":2,"isVote":1,"tweetType":1,"viewCount":650,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152076750,"gmtCreate":1625246881470,"gmtModify":1703739402185,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Very good. Short sell more. BecAuse we apes gna GET BACK AT YA SOON ????","listText":"Very good. Short sell more. BecAuse we apes gna GET BACK AT YA SOON ????","text":"Very good. Short sell more. BecAuse we apes gna GET BACK AT YA SOON ????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152076750","repostId":"1199383023","repostType":4,"repost":{"id":"1199383023","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625234763,"share":"https://ttm.financial/m/news/1199383023?lang=&edition=fundamental","pubTime":"2021-07-02 22:06","market":"us","language":"en","title":"Iceberg Research: We're shorting AMC Entertainment","url":"https://stock-news.laohu8.com/highlight/detail?id=1199383023","media":"Tiger Newspress","summary":"Iceberg Research, a short seller,said they're shorting AMC Entertainment.\nAMC stock tumbled 10% in F","content":"<p>Iceberg Research, a short seller,said&nbsp;they're shorting AMC Entertainment.</p>\n<p>AMC&nbsp;stock&nbsp;tumbled&nbsp;10%&nbsp;in Friday morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/8fcd7b7275c61489d2f5ef4c91a74765\" tg-width=\"840\" tg-height=\"470\"></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>Iceberg Research: We're shorting AMC Entertainment</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIceberg Research: We're shorting AMC Entertainment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-02 22:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Iceberg Research, a short seller,said&nbsp;they're shorting AMC Entertainment.</p>\n<p>AMC&nbsp;stock&nbsp;tumbled&nbsp;10%&nbsp;in Friday morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/8fcd7b7275c61489d2f5ef4c91a74765\" tg-width=\"840\" tg-height=\"470\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199383023","content_text":"Iceberg Research, a short seller,said they're shorting AMC Entertainment.\nAMC stock tumbled 10% in Friday morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":624,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158239353,"gmtCreate":1625150294672,"gmtModify":1703737257011,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Is Afterpay a good buy now?","listText":"Is Afterpay a good buy now?","text":"Is Afterpay a good buy now?","images":[{"img":"https://static.tigerbbs.com/124f35686491ac6719044b8d5b8f40e7","width":"1125","height":"2104"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158239353","isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158230065,"gmtCreate":1625150243857,"gmtModify":1703737255059,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Should have bought more!!","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Should have bought more!!","text":"$NIO Inc.(NIO)$Should have bought more!!","images":[{"img":"https://static.tigerbbs.com/dff933d4736c3a31e508bb443114a42e","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158230065","isVote":1,"tweetType":1,"viewCount":797,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576837589552794","authorId":"3576837589552794","name":"Redscarlett","avatar":"https://static.tigerbbs.com/669a493ded8662d16f1edffd81f3c0e7","crmLevel":5,"crmLevelSwitch":0,"idStr":"3576837589552794","authorIdStr":"3576837589552794"},"content":"Beet time to buy now","text":"Beet time to buy now","html":"Beet time to buy now"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158295774,"gmtCreate":1625150167598,"gmtModify":1703737252298,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Glad I didn’t buy when it’s all time high&nbsp;","listText":"Glad I didn’t buy when it’s all time high&nbsp;","text":"Glad I didn’t buy when it’s all time high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158295774","repostId":"2147481155","repostType":4,"repost":{"id":"2147481155","kind":"highlight","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":1625120976,"share":"https://ttm.financial/m/news/2147481155?lang=&edition=fundamental","pubTime":"2021-07-01 14:29","market":"sh","language":"en","title":"Boom, bust and bewildered: Bitcoin's year so far","url":"https://stock-news.laohu8.com/highlight/detail?id=2147481155","media":"Reuters","summary":"LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a poundin","content":"<p>LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a pounding in 2021.</p>\n<p>The cryptocurrency's journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset.</p>\n<p>Such interest helped push it to a record high just shy of $65,000 in April. Yet in typically capricious fashion, it has since slumped by almost half.</p>\n<p>At the halfway point of the year, the original and biggest cryptocurrency is up around 20% year-to-date. Here are some charts that tell the story of bitcoin's year so far.</p>\n<p><b>1/STILL VOLATILE</b></p>\n<p>Wild price swings have been a defining feature of bitcoin throughout its near 13-year life. The first half of 2021 has been no different, despite hopes that greater liquidity in markets and stronger infrastructure would dampen swings.</p>\n<p>Bitcoin more than doubled from the start of the year to its all-time high of $64,895 hit in mid-April, before slumping by over half in just five weeks as regulators across the world - especially China - cracked down on cryptocurrencies.</p>\n<p>In May alone bitcoin lost 35%, in its worst month since 2018. Last week it fell under $30,000 for the first time since January, briefly wiping out its year-to-date gains.</p>\n<p>Many larger investors also left the bitcoin market after prices spiked in the first quarter, with some shifting to gold, according to JP Morgan analyst Nikolaos Panigirtzoglou.</p>\n<p>\"What we found out in the second quarter was that actually demand for bitcoin is price sensitive,\" he said. \"Some institutional investors started getting out of bitcoin in April ... they thought bitcoin prices were too high relative to gold.\"</p>\n<p><b>2/BITCOINS OR ALTCOINS?</b></p>\n<p>Bitcoin has attracted the lion's share of the headlines so far this year. Yet many of its smaller digital currency rivals - known as the altcoins - have posted bigger gains.</p>\n<p>Ether , the second-largest cryptocurrency, has nearly trebled so far this year, bolstered by a surge in the so-called decentralised finance sector. \"DeFi\" often uses its underlying blockchain technology to offer financial services without traditional middlemen such as banks.</p>\n<p>Signs that the ethereum blockchain is gaining traction with mainstream financial firms has also fuelled gains.</p>\n<p>XRP , the seventh-largest coin, has gained a similar amount. Other once-obscure coins such as dogecoin, started in 2013 as a joke, have also far outpaced bitcoin, with investors drawn to the prospect of quick gains. Dogecoin is up over 5,000% so far this year.</p>\n<p><b>3/OUTPACED BY MEME STOCKS</b></p>\n<p>Retail investors have embraced bitcoin this year, attracted by narratives that it can act as a hedge against inflation and as a future payment method.</p>\n<p>Also driving gains has been a perception that it is a vehicle for quick gains - a perceived quality shared by another 2021 financial market phenomenon: \"meme\" stocks, whose value is propelled by social-media buzz.</p>\n<p>GameStop Corp and AMC Entertainment Holdings, two of the leading meme stocks, soared in the first quarter along with bitcoin, fuelled by retail investors with spare cash and free time because of coronavirus stimulus lockdowns.</p>\n<p>Yet the assets have since decoupled, with bitcoin's gains for the year so far outpaced by GameStop - up more than 1,000% - and AMC Entertainment, which has surged over 2,500%.</p>\n<p>\"It's just an extension of free money just going crazy and so I think that has somewhat you can see that rippling over into cryptocurrencies,\" said Joel Kruger, a strategist at crypto exchange LMAX Digital.</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>Boom, bust and bewildered: Bitcoin's year so far</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\">\nBoom, bust and bewildered: Bitcoin's year so far\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\">2021-07-01 14:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a pounding in 2021.</p>\n<p>The cryptocurrency's journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset.</p>\n<p>Such interest helped push it to a record high just shy of $65,000 in April. Yet in typically capricious fashion, it has since slumped by almost half.</p>\n<p>At the halfway point of the year, the original and biggest cryptocurrency is up around 20% year-to-date. Here are some charts that tell the story of bitcoin's year so far.</p>\n<p><b>1/STILL VOLATILE</b></p>\n<p>Wild price swings have been a defining feature of bitcoin throughout its near 13-year life. The first half of 2021 has been no different, despite hopes that greater liquidity in markets and stronger infrastructure would dampen swings.</p>\n<p>Bitcoin more than doubled from the start of the year to its all-time high of $64,895 hit in mid-April, before slumping by over half in just five weeks as regulators across the world - especially China - cracked down on cryptocurrencies.</p>\n<p>In May alone bitcoin lost 35%, in its worst month since 2018. Last week it fell under $30,000 for the first time since January, briefly wiping out its year-to-date gains.</p>\n<p>Many larger investors also left the bitcoin market after prices spiked in the first quarter, with some shifting to gold, according to JP Morgan analyst Nikolaos Panigirtzoglou.</p>\n<p>\"What we found out in the second quarter was that actually demand for bitcoin is price sensitive,\" he said. \"Some institutional investors started getting out of bitcoin in April ... they thought bitcoin prices were too high relative to gold.\"</p>\n<p><b>2/BITCOINS OR ALTCOINS?</b></p>\n<p>Bitcoin has attracted the lion's share of the headlines so far this year. Yet many of its smaller digital currency rivals - known as the altcoins - have posted bigger gains.</p>\n<p>Ether , the second-largest cryptocurrency, has nearly trebled so far this year, bolstered by a surge in the so-called decentralised finance sector. \"DeFi\" often uses its underlying blockchain technology to offer financial services without traditional middlemen such as banks.</p>\n<p>Signs that the ethereum blockchain is gaining traction with mainstream financial firms has also fuelled gains.</p>\n<p>XRP , the seventh-largest coin, has gained a similar amount. Other once-obscure coins such as dogecoin, started in 2013 as a joke, have also far outpaced bitcoin, with investors drawn to the prospect of quick gains. Dogecoin is up over 5,000% so far this year.</p>\n<p><b>3/OUTPACED BY MEME STOCKS</b></p>\n<p>Retail investors have embraced bitcoin this year, attracted by narratives that it can act as a hedge against inflation and as a future payment method.</p>\n<p>Also driving gains has been a perception that it is a vehicle for quick gains - a perceived quality shared by another 2021 financial market phenomenon: \"meme\" stocks, whose value is propelled by social-media buzz.</p>\n<p>GameStop Corp and AMC Entertainment Holdings, two of the leading meme stocks, soared in the first quarter along with bitcoin, fuelled by retail investors with spare cash and free time because of coronavirus stimulus lockdowns.</p>\n<p>Yet the assets have since decoupled, with bitcoin's gains for the year so far outpaced by GameStop - up more than 1,000% - and AMC Entertainment, which has surged over 2,500%.</p>\n<p>\"It's just an extension of free money just going crazy and so I think that has somewhat you can see that rippling over into cryptocurrencies,\" said Joel Kruger, a strategist at crypto exchange LMAX Digital.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","AMC":"AMC院线","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147481155","content_text":"LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a pounding in 2021.\nThe cryptocurrency's journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset.\nSuch interest helped push it to a record high just shy of $65,000 in April. Yet in typically capricious fashion, it has since slumped by almost half.\nAt the halfway point of the year, the original and biggest cryptocurrency is up around 20% year-to-date. Here are some charts that tell the story of bitcoin's year so far.\n1/STILL VOLATILE\nWild price swings have been a defining feature of bitcoin throughout its near 13-year life. The first half of 2021 has been no different, despite hopes that greater liquidity in markets and stronger infrastructure would dampen swings.\nBitcoin more than doubled from the start of the year to its all-time high of $64,895 hit in mid-April, before slumping by over half in just five weeks as regulators across the world - especially China - cracked down on cryptocurrencies.\nIn May alone bitcoin lost 35%, in its worst month since 2018. Last week it fell under $30,000 for the first time since January, briefly wiping out its year-to-date gains.\nMany larger investors also left the bitcoin market after prices spiked in the first quarter, with some shifting to gold, according to JP Morgan analyst Nikolaos Panigirtzoglou.\n\"What we found out in the second quarter was that actually demand for bitcoin is price sensitive,\" he said. \"Some institutional investors started getting out of bitcoin in April ... they thought bitcoin prices were too high relative to gold.\"\n2/BITCOINS OR ALTCOINS?\nBitcoin has attracted the lion's share of the headlines so far this year. Yet many of its smaller digital currency rivals - known as the altcoins - have posted bigger gains.\nEther , the second-largest cryptocurrency, has nearly trebled so far this year, bolstered by a surge in the so-called decentralised finance sector. \"DeFi\" often uses its underlying blockchain technology to offer financial services without traditional middlemen such as banks.\nSigns that the ethereum blockchain is gaining traction with mainstream financial firms has also fuelled gains.\nXRP , the seventh-largest coin, has gained a similar amount. Other once-obscure coins such as dogecoin, started in 2013 as a joke, have also far outpaced bitcoin, with investors drawn to the prospect of quick gains. Dogecoin is up over 5,000% so far this year.\n3/OUTPACED BY MEME STOCKS\nRetail investors have embraced bitcoin this year, attracted by narratives that it can act as a hedge against inflation and as a future payment method.\nAlso driving gains has been a perception that it is a vehicle for quick gains - a perceived quality shared by another 2021 financial market phenomenon: \"meme\" stocks, whose value is propelled by social-media buzz.\nGameStop Corp and AMC Entertainment Holdings, two of the leading meme stocks, soared in the first quarter along with bitcoin, fuelled by retail investors with spare cash and free time because of coronavirus stimulus lockdowns.\nYet the assets have since decoupled, with bitcoin's gains for the year so far outpaced by GameStop - up more than 1,000% - and AMC Entertainment, which has surged over 2,500%.\n\"It's just an extension of free money just going crazy and so I think that has somewhat you can see that rippling over into cryptocurrencies,\" said Joel Kruger, a strategist at crypto exchange LMAX Digital.","news_type":1},"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151515854,"gmtCreate":1625098321778,"gmtModify":1703735999876,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"HUAT AH 8888","listText":"HUAT AH 8888","text":"HUAT AH 8888","images":[{"img":"https://static.tigerbbs.com/cd24c988349767f9c25b251e93d9eecd","width":"750","height":"1238"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151515854","isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153321847,"gmtCreate":1625010806889,"gmtModify":1703849923968,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Does anyone think it’s overvalued now? I’m thinking to buy","listText":"Does anyone think it’s overvalued now? I’m thinking to buy","text":"Does anyone think it’s overvalued now? I’m thinking to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153321847","repostId":"1136739891","repostType":2,"isVote":1,"tweetType":1,"viewCount":1089,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153366298,"gmtCreate":1625010581814,"gmtModify":1703849914128,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"??????","listText":"??????","text":"??????","images":[{"img":"https://static.tigerbbs.com/13c8719d5ffac54b975df29b6ee59bc7","width":"1125","height":"2843"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153366298","isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":159712242,"gmtCreate":1624979871986,"gmtModify":1703849459194,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Stonks&nbsp;hahaha","listText":"Stonks&nbsp;hahaha","text":"Stonks hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159712242","repostId":"1136739891","repostType":2,"repost":{"id":"1136739891","kind":"news","pubTimestamp":1624969447,"share":"https://ttm.financial/m/news/1136739891?lang=&edition=fundamental","pubTime":"2021-06-29 20:24","market":"us","language":"en","title":"Big Tech Shines, Apple Stock Looks Stronger","url":"https://stock-news.laohu8.com/highlight/detail?id=1136739891","media":"TheStreet","summary":"The second quarter, especially the month of June, has been marked by the rebirth of FAAMG stocks. Th","content":"<p>The second quarter, especially the month of June, has been marked by the rebirth of FAAMG stocks. The Apple Maven explains why Apple stock looks stronger by the day heading into July.</p>\n<p>It took a while for Big Tech to shine again, but the time seems to have come at last. After the FAAMG group reached an intra-pandemic peak in September (see chart below), these mega-cap tech stocks traded sideways through the end of the first quarter 2021.</p>\n<p>With June nearly over, FAAMG climbed a sizable 15% in the second quarter alone, lavishly beating its “mirror image” Russell 2000. Within Big Tech, Apple stock&nbsp;(<b>AAPL</b>)&nbsp;looks stronger by the day, as it approaches its own peak of $143 ahead of a month that&nbsp;I believe will be bullish for the Cupertino company.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3793b36a82a02652903a401a745f5fd\" tg-width=\"907\" tg-height=\"468\"><span>Figure 1: FAAMG vs. Russell 2000</span></p>\n<p><b>A turnaround in tech</b></p>\n<p>In the world of investing, there is an old saying that the market is not the economy. In other words: stock prices can fluctuate decoupled from business fundamentals or macroeconomic factors. This seems to have been the case in Big Tech. Take Apple as an example.</p>\n<p>The iPhone company&nbsp;delivered outstanding results in fiscal second quarter. All segments grew by at least 24% year-over-year. Yet, in the two months that followed earnings day, AAPL traded lower by 8%. At one point in March, it pulled back nearly 20% from the late January peak. This seems like a contradiction.</p>\n<p>What happened to Apple and its peers was a classic case of cyclical rotation. With the reopening of the economy, investors flocked to sectors like banks, industrials, and materials. Tech companies continued to perform well, but their stocks did not.</p>\n<p>Now, with FAAMG back on the rise,in part also due to a stabilization in yields, the following has happened in the past few days:</p>\n<ul>\n <li>Microsoft became only the second US-based company ever&nbsp;to be valued above $2 trillion;</li>\n <li>Facebook has&nbsp;joined&nbsp;the $1 trillion market cap club;</li>\n <li>Amazon and Apple stock have exited correction territory, with the former nearly setting a new all-time high in June.</li>\n</ul>\n<p><b>Time to cash in?</b></p>\n<p>I take some issue with the idea that stocks should be sold merely because they have reached (or are about to reach) record-level prices. Over time, the value of high-quality stocks tends to rise. If investors dispose of FAAMG shares only because they have rallied, multi-year gains can never be earned.</p>\n<p>In the case of Apple stock, I maintain my views that shares should be held into July at least, if not over a much longer period. There are at least two short-term reasons, plus one much more important long-term factor, supporting my optimism:</p>\n<ul>\n <li>Apple shares tend to perform better during the summer months, as anticipation for the new iPhone and the holiday shopping season builds up;</li>\n <li>The equities markets have been quiet lately, suggesting less volatility in the near term and the possibility of superior risk-adjusted performance in the foreseeable future;</li>\n <li>Fundamentally, Apple is undergoing a period of strong demand for its products and services, which bodes well for long-term performance of the stock.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech Shines, Apple Stock Looks Stronger</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\">\nBig Tech Shines, Apple Stock Looks Stronger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 20:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/big-tech-shines-apple-stock-looks-stronger><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The second quarter, especially the month of June, has been marked by the rebirth of FAAMG stocks. The Apple Maven explains why Apple stock looks stronger by the day heading into July.\nIt took a while ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/big-tech-shines-apple-stock-looks-stronger\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/news/big-tech-shines-apple-stock-looks-stronger","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136739891","content_text":"The second quarter, especially the month of June, has been marked by the rebirth of FAAMG stocks. The Apple Maven explains why Apple stock looks stronger by the day heading into July.\nIt took a while for Big Tech to shine again, but the time seems to have come at last. After the FAAMG group reached an intra-pandemic peak in September (see chart below), these mega-cap tech stocks traded sideways through the end of the first quarter 2021.\nWith June nearly over, FAAMG climbed a sizable 15% in the second quarter alone, lavishly beating its “mirror image” Russell 2000. Within Big Tech, Apple stock (AAPL) looks stronger by the day, as it approaches its own peak of $143 ahead of a month that I believe will be bullish for the Cupertino company.\nFigure 1: FAAMG vs. Russell 2000\nA turnaround in tech\nIn the world of investing, there is an old saying that the market is not the economy. In other words: stock prices can fluctuate decoupled from business fundamentals or macroeconomic factors. This seems to have been the case in Big Tech. Take Apple as an example.\nThe iPhone company delivered outstanding results in fiscal second quarter. All segments grew by at least 24% year-over-year. Yet, in the two months that followed earnings day, AAPL traded lower by 8%. At one point in March, it pulled back nearly 20% from the late January peak. This seems like a contradiction.\nWhat happened to Apple and its peers was a classic case of cyclical rotation. With the reopening of the economy, investors flocked to sectors like banks, industrials, and materials. Tech companies continued to perform well, but their stocks did not.\nNow, with FAAMG back on the rise,in part also due to a stabilization in yields, the following has happened in the past few days:\n\nMicrosoft became only the second US-based company ever to be valued above $2 trillion;\nFacebook has joined the $1 trillion market cap club;\nAmazon and Apple stock have exited correction territory, with the former nearly setting a new all-time high in June.\n\nTime to cash in?\nI take some issue with the idea that stocks should be sold merely because they have reached (or are about to reach) record-level prices. Over time, the value of high-quality stocks tends to rise. If investors dispose of FAAMG shares only because they have rallied, multi-year gains can never be earned.\nIn the case of Apple stock, I maintain my views that shares should be held into July at least, if not over a much longer period. There are at least two short-term reasons, plus one much more important long-term factor, supporting my optimism:\n\nApple shares tend to perform better during the summer months, as anticipation for the new iPhone and the holiday shopping season builds up;\nThe equities markets have been quiet lately, suggesting less volatility in the near term and the possibility of superior risk-adjusted performance in the foreseeable future;\nFundamentally, Apple is undergoing a period of strong demand for its products and services, which bodes well for long-term performance of the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159718340,"gmtCreate":1624979746180,"gmtModify":1703849455777,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Time to buy more","listText":"Time to buy more","text":"Time to buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159718340","repostId":"1124372919","repostType":2,"repost":{"id":"1124372919","kind":"news","pubTimestamp":1624869783,"share":"https://ttm.financial/m/news/1124372919?lang=&edition=fundamental","pubTime":"2021-06-28 16:43","market":"us","language":"en","title":"NIO: The Path To A $1 Trillion Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1124372919","media":"seekingalpha","summary":"NIO is known by many as a large cap Chinese electric vehicle company.However, it is actually much more than that and possesses several key competitive advantages.We discuss how these factors could combine with its focus on China to transform it into a $1 trillion mega cap.NIO also has a strong foothold on autonomous mobility technology thanks to filing nearly 50 patents in the area and boasts AI-powered smart \"cockpits.\". Given that the mobility industry is becoming increasingly software-driven,","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO is known by many as a large cap Chinese electric vehicle company.</li>\n <li>However, it is actually much more than that and possesses several key competitive advantages.</li>\n <li>We discuss how these factors could combine with its focus on China to transform it into a $1 trillion mega cap.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/17cdcfe41a4b886c29dad01d4512e84e\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Lintao Zhang/Getty Images News</span></p>\n<p>Similar to how we analyzed Palantir(NYSE:PLTR)in our recent piece<i>Palantir: The Path To A $1 Trillion Valuation</i>, NIO Inc.(NYSE:NIO)is unique in that it is already a large cap stock, but has a massive growth runway that could quite conceivably make it a mega-cap stock and eventually even approach a valuation of $1 Trillion. Here are five reasons why it could successfully achieve that valuation:</p>\n<p><b>#1. \"Gas Station\" Of The Future</b></p>\n<p>NIO is a major designer and manufacturer of high-tech electric vehicles in China and as a result competes with the likes of Tesla(NASDAQ:TSLA)in innovative technologies like connectivity, batteries, autonomous mobility, and artificial intelligence.</p>\n<p>NIO's status as an emerging leader in these innovative technologies is perhaps the biggest reason to believe that they could become a multi-bagger from today's already lofty valuation and become a true mega cap.</p>\n<p>For example, its Battery-as-a-Service (BaaS) potential is immense. The company has already begun building out the infrastructure for this business through its&nbsp;recent partnership&nbsp;with Sinopec(NYSE:SHI)through which they aspire to create a 5,000 battery swap station network by 2024. This will give NIO a decisive network advantage in this space just as it begins to really take off in the world's largest electric vehicle market, enabling it to form partnerships with other automakers in the country and drive strong revenue growth from this business alone. Essentially, this would make NIO the number one \"gas station\" company in China as the country and world enter the age of electrification.</p>\n<p>Given that they possess hundreds of patents in battery swap technology, NIO seems to already have the intellectual property moat necessary to transform this potential into reality. It appears to be merely a matter of time for them to implement and scale now.</p>\n<p><b>#2. Autonomous Mobility &amp; AI Technology</b></p>\n<p>NIO also has a strong foothold on autonomous mobility technology thanks to filing nearly 50 patents in the area and boasts AI-powered smart \"cockpits.\"</p>\n<p>Given that the mobility industry is becoming increasingly software-driven, its intellectual property portfolio here is important as well. Even more important, though, is its competitive positioning to emerge as a long-term leader in the electric vehicle space in China, not only because of the vehicle sales potential it offers, but much more importantly because it is the largest source of consumer data in the world. As a result, NIO will have access to a vast amount of data with which it can improve its A.I. and build one of the best mobility software platforms in the world.</p>\n<p><b>#3. Government Support</b></p>\n<p>Another big reason to believe in NIO's long-term potential stems from the simple fact that it is a leading local company in China in high-priority technology fields. As a result, it will likely enjoy significant support from the Chinese government so that it can serve as a vehicle whereby China can advance its goals towards becoming the pre-eminent global technological superpower.</p>\n<p>This principle has already played out several times to NIO's benefit.</p>\n<p>For example, the&nbsp;government recently gave&nbsp;NIO a RMB7 billion (US$1b) bailout to give it the cash it needed to sustain and scale operations.</p>\n<p>Additionally, government-owned auto manufacturer - Anhui Jianghuai Automobile Group Corp - has also assisted NIO by providing it with manufacturing services, enabling it to scale with minimal additional capital investment.</p>\n<p>Perhaps the most glaring example of this was how the Chinese state media&nbsp;recently successfully harmed&nbsp;the reputation of TSLA - NIO's top foreign rival - to the point where the Elon Musk-led company had to issue an apology.</p>\n<p>Furthermore, the Chinese government is making a major push to transition the automotive market towards electric vehicles in an effort to battle its huge pollution problem. It is achieving these aims by offering purchase rebates and tax exemptions for the industry, while also placing restrictions on new gasoline and diesel powered vehicle permits.</p>\n<p><b>#4. Global Expansion</b></p>\n<p>NIO is also poised to begin expanding its sales into global markets, beginning with Norway. Not only will the company be selling its cars there, but it will be building out local physical and digital infrastructure to create a high quality user-friendly ecosystem to add value to its brand and bolster its competitive positioning. Once it has built significant scale in Norway, it will then have a greater position of strength from which to infiltrate the rest of the European market. Given the geopolitical tensions with the United States at the moment as well as Tesla's dominance in the U.S. electric vehicle market, Europe seems like a much more logical choice to begin global expansion.</p>\n<p><b>#5. Crunching The Numbers</b></p>\n<p>Electric Vehicle sales are already growing exponentially - especially in China - and we expect that number to explode much higher in the years to come.</p>\n<p><img src=\"https://static.tigerbbs.com/00cdeb70c618caeddbbd16df936194ad\" tg-width=\"960\" tg-height=\"572\"></p>\n<p>In fact, while just barely over 1.2 million electric vehicles were sold worldwide in 2017,Bloomberg New Energy Finance&nbsp;expects that number to soar to 60 million by 2040. Not only that, but battery and battery charging infrastructure demand will soar as well.</p>\n<p>If NIO can seize on its early leadership in China in both the electric vehicle and battery charging infrastructure businesses and also successfully scale its business internationally, there is certainly room for it to achieve a $1 trillion valuation by 2040. For example, its gross margin is expected to be nearly 20% in 2021 and 2022. TSLA's gross, meanwhile, is around 23% and its net margin is roughly half of that, or ~11.5%.</p>\n<p>NIO's BaaS business should also be higher margin given that it could be entirely automated and the actual real estate could be leased instead of owned in order to free up capital for higher return investment elsewhere. With continued scaling in both businesses and overall positive trends in the business with reduced costs across the board through automation and enhanced data analytics, we think gross margins of 25% and net margins of 15% by 2040 are entirely feasible.</p>\n<p>If NIO were to grab just 7.5% of the global EV market (TSLA's is currently 11%) by 2040, it would be selling ~4.5 million cars per year. We think this share is actually very feasible when you consider that the majority of electric vehicle sales are expected to be in China and that NIO has an inside track on that market given the support it is receiving from the government.</p>\n<p>If the average sale were for $40,000 per electric vehicle, its profit would be ~$6,000 per vehicle, translating to $27 billion in annual profit from auto sales alone. At a 30x price-to-earnings multiple, that would put the automotive business at a $810 billion valuation.</p>\n<p>Meanwhile, its BaaS business could likely generate $150 in profits per year per vehicle in its sphere in China. By 2030,it is estimated&nbsp;that there will be 50 million electric vehicles on the road in China and that EVs will account for 40% of total auto sales. A very conservative estimate is that the number of EVs on the road in China will double to 100 million by 2040. If NIO's BaaS business serves 20% of the electric vehicles in China by 2040, that would equate to an additional $3+ billion in annual net income. Once again applying a 30x price-to-earnings multiple, that would equate to roughly another $100 billion in market valuation.</p>\n<p>Meanwhile, the potential for using its data and autonomous vehicle technology as well as vast BaaS infrastructure to launch an autonomous taxi business network is also immense. While it is hard to know exactly what sort of value this would command as it is hard to project how it would be regulated by the Chinese government and how well consumers would adopt it, it is not a stretch that NIO's scale and capabilities by this point in such a potentially massive market as is offered in China would put the valuation for this business at $100 billion.</p>\n<p>Combining all three businesses gets us to a $1 trillion total valuation under a bullish, but not entirely implausible scenario.</p>\n<p><b>Risk Analysis</b></p>\n<p>While the path to $1 trillion certainly looks viable, there are numerous risks to consider along the way.</p>\n<p>First and foremost, NIO faces a lot of competition from both foreign and domestic companies. TSLA has a large presence in China and overseas and sports a premium brand to go along with an extremely driven and innovative CEO and engineering team. While the Chinese government has helped NIO some already with surviving the TSLA threat, it is unknown the depths that it will have to and be willing to go to continue giving NIO a boost to sustain its competitive standing in its domestic market.</p>\n<p>Of course, NIO also faces competitive pressures from fellow Chinese electric vehicle manufacturers including Baidu(NASDAQ:BIDU), which already has a&nbsp;partnership&nbsp;with a government-owned automaker (BAIC Group) to put 1,000 driverless cars on the roads over the next 3 years as a prelude to establishing an autonomous taxi service in China. Facing off against fellow major domestic players who also have government backing poses another threat to NIO because it means that it cannot solely rely on government assistance to survive and thrive.</p>\n<p>On that same note, it also increases the political risk for NIO. Given that it is not the only horse that China is betting on in the mobility space, if their leadership were to run afoul of the Chinese Communist Party and/or they were to simply lag behind in performance, they could quickly be \"dropped\" by the government and the business could fall into a downward spiral. If Alibaba(NYSE:BABA)&nbsp;could face this, NIO certainly could too. If nothing else, the Chinese government could easily seize some or all of NIO's physical or intellectual property for state use, depriving NIO shareholders of much of their equity value.</p>\n<p>Furthermore, expanding overseas could also be complicated by the fact that China is currently dealing with growing geopolitical tensions with other Asia-Pacific nations, Europe, and the United States. As a result, trade barriers may go up, especially in such high-priority technologies as mobility and autonomous technology. The U.S., Europe, Japan, Korea, and even India have well-established automobile industries and if they feel threatened by a Chinese competitor, they may well decide to throw up barriers to entry in their markets.</p>\n<p>Of course, as the China hustle pointed out, many Chinese companies have a troubling track record of fudging accounting numbers. As a result, investors should always view Chinese company - to include NIO's - financial numbers with a healthy dose of skepticism. While it is very possible - if not likely - that NIO's numbers are completely accurate, it is still a risk that needs to be considered.</p>\n<p>Last, but not least, NIO is currently priced quite expensively as it is still running up massive losses and trades at 71 times expected 2021 gross income. Therefore, the range of potential future outcomes is quite wide and investors could very well be dramatically overpaying by purchasing at today's prices. It should be viewed as a highly speculative investment accordingly.</p>\n<p><b>Investor Takeaway</b></p>\n<p>NIO is currently struggling to turn a profit and has had to be bailed out by the Chinese government. At the same time, its valuation is sky-high. While this might steer many investors away and the stock is indeed a very speculative investment, there is also a plausible path for the company to become a $1 trillion mega cap by 2040 and generate attractive long-term returns for investors as a result.</p>\n<p>While not for the faint of heart and certainly not without risks, NIO could continue on its path towards becoming one of the world's pre-eminent mobility companies.</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>NIO: The Path To A $1 Trillion Valuation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO: The Path To A $1 Trillion Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 16:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436753-nio-the-path-to-a-1-trillion-valuation><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO is known by many as a large cap Chinese electric vehicle company.\nHowever, it is actually much more than that and possesses several key competitive advantages.\nWe discuss how these ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436753-nio-the-path-to-a-1-trillion-valuation\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436753-nio-the-path-to-a-1-trillion-valuation","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124372919","content_text":"Summary\n\nNIO is known by many as a large cap Chinese electric vehicle company.\nHowever, it is actually much more than that and possesses several key competitive advantages.\nWe discuss how these factors could combine with its focus on China to transform it into a $1 trillion mega cap.\n\nLintao Zhang/Getty Images News\nSimilar to how we analyzed Palantir(NYSE:PLTR)in our recent piecePalantir: The Path To A $1 Trillion Valuation, NIO Inc.(NYSE:NIO)is unique in that it is already a large cap stock, but has a massive growth runway that could quite conceivably make it a mega-cap stock and eventually even approach a valuation of $1 Trillion. Here are five reasons why it could successfully achieve that valuation:\n#1. \"Gas Station\" Of The Future\nNIO is a major designer and manufacturer of high-tech electric vehicles in China and as a result competes with the likes of Tesla(NASDAQ:TSLA)in innovative technologies like connectivity, batteries, autonomous mobility, and artificial intelligence.\nNIO's status as an emerging leader in these innovative technologies is perhaps the biggest reason to believe that they could become a multi-bagger from today's already lofty valuation and become a true mega cap.\nFor example, its Battery-as-a-Service (BaaS) potential is immense. The company has already begun building out the infrastructure for this business through its recent partnership with Sinopec(NYSE:SHI)through which they aspire to create a 5,000 battery swap station network by 2024. This will give NIO a decisive network advantage in this space just as it begins to really take off in the world's largest electric vehicle market, enabling it to form partnerships with other automakers in the country and drive strong revenue growth from this business alone. Essentially, this would make NIO the number one \"gas station\" company in China as the country and world enter the age of electrification.\nGiven that they possess hundreds of patents in battery swap technology, NIO seems to already have the intellectual property moat necessary to transform this potential into reality. It appears to be merely a matter of time for them to implement and scale now.\n#2. Autonomous Mobility & AI Technology\nNIO also has a strong foothold on autonomous mobility technology thanks to filing nearly 50 patents in the area and boasts AI-powered smart \"cockpits.\"\nGiven that the mobility industry is becoming increasingly software-driven, its intellectual property portfolio here is important as well. Even more important, though, is its competitive positioning to emerge as a long-term leader in the electric vehicle space in China, not only because of the vehicle sales potential it offers, but much more importantly because it is the largest source of consumer data in the world. As a result, NIO will have access to a vast amount of data with which it can improve its A.I. and build one of the best mobility software platforms in the world.\n#3. Government Support\nAnother big reason to believe in NIO's long-term potential stems from the simple fact that it is a leading local company in China in high-priority technology fields. As a result, it will likely enjoy significant support from the Chinese government so that it can serve as a vehicle whereby China can advance its goals towards becoming the pre-eminent global technological superpower.\nThis principle has already played out several times to NIO's benefit.\nFor example, the government recently gave NIO a RMB7 billion (US$1b) bailout to give it the cash it needed to sustain and scale operations.\nAdditionally, government-owned auto manufacturer - Anhui Jianghuai Automobile Group Corp - has also assisted NIO by providing it with manufacturing services, enabling it to scale with minimal additional capital investment.\nPerhaps the most glaring example of this was how the Chinese state media recently successfully harmed the reputation of TSLA - NIO's top foreign rival - to the point where the Elon Musk-led company had to issue an apology.\nFurthermore, the Chinese government is making a major push to transition the automotive market towards electric vehicles in an effort to battle its huge pollution problem. It is achieving these aims by offering purchase rebates and tax exemptions for the industry, while also placing restrictions on new gasoline and diesel powered vehicle permits.\n#4. Global Expansion\nNIO is also poised to begin expanding its sales into global markets, beginning with Norway. Not only will the company be selling its cars there, but it will be building out local physical and digital infrastructure to create a high quality user-friendly ecosystem to add value to its brand and bolster its competitive positioning. Once it has built significant scale in Norway, it will then have a greater position of strength from which to infiltrate the rest of the European market. Given the geopolitical tensions with the United States at the moment as well as Tesla's dominance in the U.S. electric vehicle market, Europe seems like a much more logical choice to begin global expansion.\n#5. Crunching The Numbers\nElectric Vehicle sales are already growing exponentially - especially in China - and we expect that number to explode much higher in the years to come.\n\nIn fact, while just barely over 1.2 million electric vehicles were sold worldwide in 2017,Bloomberg New Energy Finance expects that number to soar to 60 million by 2040. Not only that, but battery and battery charging infrastructure demand will soar as well.\nIf NIO can seize on its early leadership in China in both the electric vehicle and battery charging infrastructure businesses and also successfully scale its business internationally, there is certainly room for it to achieve a $1 trillion valuation by 2040. For example, its gross margin is expected to be nearly 20% in 2021 and 2022. TSLA's gross, meanwhile, is around 23% and its net margin is roughly half of that, or ~11.5%.\nNIO's BaaS business should also be higher margin given that it could be entirely automated and the actual real estate could be leased instead of owned in order to free up capital for higher return investment elsewhere. With continued scaling in both businesses and overall positive trends in the business with reduced costs across the board through automation and enhanced data analytics, we think gross margins of 25% and net margins of 15% by 2040 are entirely feasible.\nIf NIO were to grab just 7.5% of the global EV market (TSLA's is currently 11%) by 2040, it would be selling ~4.5 million cars per year. We think this share is actually very feasible when you consider that the majority of electric vehicle sales are expected to be in China and that NIO has an inside track on that market given the support it is receiving from the government.\nIf the average sale were for $40,000 per electric vehicle, its profit would be ~$6,000 per vehicle, translating to $27 billion in annual profit from auto sales alone. At a 30x price-to-earnings multiple, that would put the automotive business at a $810 billion valuation.\nMeanwhile, its BaaS business could likely generate $150 in profits per year per vehicle in its sphere in China. By 2030,it is estimated that there will be 50 million electric vehicles on the road in China and that EVs will account for 40% of total auto sales. A very conservative estimate is that the number of EVs on the road in China will double to 100 million by 2040. If NIO's BaaS business serves 20% of the electric vehicles in China by 2040, that would equate to an additional $3+ billion in annual net income. Once again applying a 30x price-to-earnings multiple, that would equate to roughly another $100 billion in market valuation.\nMeanwhile, the potential for using its data and autonomous vehicle technology as well as vast BaaS infrastructure to launch an autonomous taxi business network is also immense. While it is hard to know exactly what sort of value this would command as it is hard to project how it would be regulated by the Chinese government and how well consumers would adopt it, it is not a stretch that NIO's scale and capabilities by this point in such a potentially massive market as is offered in China would put the valuation for this business at $100 billion.\nCombining all three businesses gets us to a $1 trillion total valuation under a bullish, but not entirely implausible scenario.\nRisk Analysis\nWhile the path to $1 trillion certainly looks viable, there are numerous risks to consider along the way.\nFirst and foremost, NIO faces a lot of competition from both foreign and domestic companies. TSLA has a large presence in China and overseas and sports a premium brand to go along with an extremely driven and innovative CEO and engineering team. While the Chinese government has helped NIO some already with surviving the TSLA threat, it is unknown the depths that it will have to and be willing to go to continue giving NIO a boost to sustain its competitive standing in its domestic market.\nOf course, NIO also faces competitive pressures from fellow Chinese electric vehicle manufacturers including Baidu(NASDAQ:BIDU), which already has a partnership with a government-owned automaker (BAIC Group) to put 1,000 driverless cars on the roads over the next 3 years as a prelude to establishing an autonomous taxi service in China. Facing off against fellow major domestic players who also have government backing poses another threat to NIO because it means that it cannot solely rely on government assistance to survive and thrive.\nOn that same note, it also increases the political risk for NIO. Given that it is not the only horse that China is betting on in the mobility space, if their leadership were to run afoul of the Chinese Communist Party and/or they were to simply lag behind in performance, they could quickly be \"dropped\" by the government and the business could fall into a downward spiral. If Alibaba(NYSE:BABA) could face this, NIO certainly could too. If nothing else, the Chinese government could easily seize some or all of NIO's physical or intellectual property for state use, depriving NIO shareholders of much of their equity value.\nFurthermore, expanding overseas could also be complicated by the fact that China is currently dealing with growing geopolitical tensions with other Asia-Pacific nations, Europe, and the United States. As a result, trade barriers may go up, especially in such high-priority technologies as mobility and autonomous technology. The U.S., Europe, Japan, Korea, and even India have well-established automobile industries and if they feel threatened by a Chinese competitor, they may well decide to throw up barriers to entry in their markets.\nOf course, as the China hustle pointed out, many Chinese companies have a troubling track record of fudging accounting numbers. As a result, investors should always view Chinese company - to include NIO's - financial numbers with a healthy dose of skepticism. While it is very possible - if not likely - that NIO's numbers are completely accurate, it is still a risk that needs to be considered.\nLast, but not least, NIO is currently priced quite expensively as it is still running up massive losses and trades at 71 times expected 2021 gross income. Therefore, the range of potential future outcomes is quite wide and investors could very well be dramatically overpaying by purchasing at today's prices. It should be viewed as a highly speculative investment accordingly.\nInvestor Takeaway\nNIO is currently struggling to turn a profit and has had to be bailed out by the Chinese government. At the same time, its valuation is sky-high. While this might steer many investors away and the stock is indeed a very speculative investment, there is also a plausible path for the company to become a $1 trillion mega cap by 2040 and generate attractive long-term returns for investors as a result.\nWhile not for the faint of heart and certainly not without risks, NIO could continue on its path towards becoming one of the world's pre-eminent mobility companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159711811,"gmtCreate":1624979711133,"gmtModify":1703849454634,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"It reached 1 trillion value right.. is it good time to buy?","listText":"It reached 1 trillion value right.. is it good time to buy?","text":"It reached 1 trillion value right.. is it good time to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/159711811","repostId":"1100563900","repostType":2,"repost":{"id":"1100563900","kind":"news","pubTimestamp":1624956396,"share":"https://ttm.financial/m/news/1100563900?lang=&edition=fundamental","pubTime":"2021-06-29 16:46","market":"us","language":"en","title":"Facebook: Simply Unstoppable","url":"https://stock-news.laohu8.com/highlight/detail?id=1100563900","media":"seekingalpha","summary":"The #StopHateforProfit Campaign, antitrust allegations, Apple IDFA issue, and a host of other historical issues have not stopped the social media giant and will not stop it.Despite an impressive rally delivering 65% since the start of CY20 and 26% YTD, Facebook remains undervalued relative to its peers and the FAANG stocks with the best forward estimates.The strong moat originating from their sheer user base, and sizeable TAMs in E-commerce, VR/AR, digital assets , cumulatively make for a compel","content":"<p><b>Summary</b></p>\n<ul>\n <li>The #StopHateforProfit Campaign, antitrust allegations, Apple IDFA issue, and a host of other historical issues have not stopped the social media giant and will not stop it.</li>\n <li>Despite an impressive rally delivering 65% since the start of CY20 and 26% YTD, Facebook remains undervalued relative to its peers and the FAANG stocks with the best forward estimates.</li>\n <li>The strong moat originating from their sheer user base, and sizeable TAMs in E-commerce, VR/AR, digital assets (DIEM), cumulatively make for a compelling growth story.</li>\n <li>Although the company is highly controversial and rightfully so, this article focuses more on the quantitative analysis and less on the morals and ethics behind this investment. That, we shall leave to you.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b3414073b72a391e760025594ec111f\" tg-width=\"768\" tg-height=\"528\"><span>nemke/E+ via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Facebook (FB) has had a volatile trading period the past few years with a general uptrend, delivering shareholders nice returns whilst subjecting them to a few major dips which presented investors an opportunity for a steal. Despite the controversy and headline risks every now and then, the company has been able to battle through them and emerge ever so stronger. The company’s financials have been holding up and shows no sign of stoppage anytime soon. In a time as such, with significant uncertainty in the macro environment and inflation fears creeping up, we believe that shifting some of your assets to high cashflow generating companies is a wise strategy that will pay off. Growth and value are 2 different things, and there still exists growth companies that are undervalued and can still generate substantial cashflow, and we believe Facebook is one of them. The company also remains to be one of the more attractive blue-chip stocks compared to the others in the FAANG. We employ a 3–5-year outlook and have been bullish since USD$200/share. Let’s Begin!</p>\n<p><b>What is Facebook</b></p>\n<p>Known to all, Facebook is a social media giant with a family of products including the likes of Facebook, Instagram,WhatsApp, Messenger, and now Oculus. The firm essentially has a stronghold in the social media industry and has an impressive DAP of2.72 BN as of Q1’21and MAP of 3.45 BN.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3d08f4df186c4705a5300f40d6b8a5e\" tg-width=\"640\" tg-height=\"429\"><span>(Source:FB Q1’21 Presentation)</span></p>\n<p>The world has7.874 BNpeople as of the time of this writing and that would mean that 43.8% of all the people in the world use some form of product from Facebook’s portfolio in the past 30 days. On a daily basis, 34.5% of the people in the world use it. If that isn’t a sticky service, nothing really is. If we were to focus on the usage of the Facebook app solely, 23.8% of the world logs into the app daily based on DAUs.</p>\n<p>The firm was founded in 2004 and generates the majority of their revenue from advertisements. If you have watched the social dilemma on Netflix, you would realize that Facebook’s real customer isn’t everyday users. Instead, users are the product, and they are being sold to advertisers. The company has created such an engaging and sticky service that users are more than happy to be using their apps, despite knowing that their data is being sold from one company to another. As appalling as it is, they’re indifferent to it all and still find the value in using the company’s products on a daily basis – keeping in touch with distant relatives, chatting with friends, staying up to date with the latest fashion trends and news… (According to the&nbsp;Pew Research Center, more than a 1/3 of US adults say they get their news regularly from Facebook)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7cb9d05bb00f3038cec301c72ef56827\" tg-width=\"608\" tg-height=\"378\"><span>(Source:Pew Research Center)</span></p>\n<p>To Facebook, this is equally as good as the more users, the wider the ‘product’ base that they have to offer their customers - advertisers. Advertisers are also indifferent to how Facebook attains its data, so long as Facebook’s targeting metrics and trackers are working well, the more likely it is that they are able to generate conversions. The more conversions, the more sales for them, the more ads they continue to pay for, the more revenue Facebook generates. Win-Win-Win, their apps are the bait, and the product (users), customers (advertisers), and supplier (Facebook), all walk away winners. It’s a remarkable business model that has stood the test of time and no matter the amount of controversy around the business, founders, and its practices, it isn’t going anywhere anytime soon and for one simple reason: Users likely can’t do without Facebook’s products whether they are willing to admit it or not.</p>\n<p>When we look back in the past to reflect on how the #StopHateForProfit Campaign turned out for the company, it is apparent that the impact it had on the top and bottom line were both minimal. The boycott was one that arose due to Facebook’s bad hate speech regulations and policing, and because of the laissez-faire attitude toward posts from then President, Donald Trump. More than&nbsp;1000 companies publicly committed&nbsp;to boycotting the social media giant in June/July (coinciding with end Q2 and start Q3) and many of the top 100 advertisers based on ad spend such as Nike, Adidas, Puma, Coca-Cola, all revised their budgets downwards.</p>\n<p>Despite this, Facebook&nbsp;beat on Q2 earnings&nbsp;and saw an increase of&nbsp;10.7% YOY. In its forward guidance, the company also announced that for July, they were anticipating a slowdown in YoY growth of 17% but was still due to see a 10% increase. They alsoanticipatedthe slowdown in growth to last through till October. However, the company did not attribute this slowdown to the boycott specifically but to 3 other major headwinds. With the benefit of hindsight, we can now see that even for Q3’20, the firm saw an impressive 21.6% rise in its top line, with the bottom line still registering a 12.2% improvement in NPM for Q2’20 YoY and a 200 bps NPM improvement in Q3.</p>\n<p>The results are clear and indicative of a few things. The boycott by the largest companies did little to Facebook’s financial story as they still managed to register growth and did not see significant pullbacks that were material. This can be tied to the fact that most of Facebook’s advertisers are SMBs. Although certain few SMBs did join the boycott, most didn’t, and the firm still had their impressive 9 million + customer base to rely on. If anything, this also suggests that despite what any SMB stands for and whether they agree with a social cause or not, it is hard for them to find alternatives that they can shift to on a similar pricing scale. Big brands can easily pivot to other advertisements such as TV and radio commercials but SMBs simply can’t because of smaller budgets. Lastly, it is now clear that the campaign affected Facebook’s reputation more so than it did its cashflow.</p>\n<p><b>Risks</b></p>\n<p>Other risks that the company may face would be future antitrust lawsuits. As it is, the company is already facing allegations of being a monopoly based on their aggressive acquisitive history having acquired more than90 other companiessince inception. They were alsofined US$5 BNby the FTC in 2019 and were required to adopt their policies and employ new protections for the users and their data that has been shared.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f694ca79d59162e95f05335ebefbca3d\" tg-width=\"640\" tg-height=\"384\"><span>(Source: TIKR.com)</span></p>\n<p>Though representative of a historic penalty and the largest ever imposed on a company for violating user’s privacy rights, the US$5BN was a drop in the bucket for the giant that went on to generate US$70+ BN dollars for the year.</p>\n<p>The current issues that they have with Apple’s new iOS changes and the IDFA implications are also likely not going to have a substantial impact on the firm. The Identifier for Advertisers [IDFA] is a random device identifier assigned by Apple to a user's device. Advertisers use this to track data so they can deliver customized advertising on mobile. With the new iOS changes, Apple essentially programmed it such that each app that wants to use these identifiers will have to ask users to opt in for tracking when the app is first launched. If users opt out, the app can’t track certain data and Facebook will have a smaller database of points to rely upon. As consumer preferences change, so will Facebook’s targeting that relies on IDFAs get worse and less effective due to outdated data points.</p>\n<p>According to aCNBC article:</p>\n<blockquote>\n Most critically at stake for Facebook is what’s known as view-through conversions. This metric is used by ad-tech companies to measure how many users saw an ad, did not immediately click on it, but later made a purchase related to that ad.”\n</blockquote>\n<p>When the conversion is made later on, the data IDFA for that particular user is then shared by the retailer to Facebook which is then used by the company to see if it matches the IDFA of the user who saw the ad. If they pair, it indicates that the ad was useful in generating a conversion. This data performance is then relayed to advertisers so that they can tweak their ad strategies accordingly. Withas much as 96% of usersanticipated to opt out of tracking on all apps, this would mean that mobile ads on 3rdparty apps may no longer be as useful if Facebook cannot really judge its effectiveness anymore. The more ineffective the ads become, the less conversions for retailers, and the more they pivot to other advertising platforms, which will impact the revenues for the firm.</p>\n<p>However, Facebook has disclosed that this will particularly only affect one form of advertisement which relies heavily on the IDFA, known as Audience Networks. Fortunately, the audience network segment only represents less than 10% of the firm’s total revenues. With the impact estimating to cost a drop in50% of all ads deliveredand hence sales from this segment, this would atbest represent a 5% drop in their total revenues. With that said, we do not anticipate that this will be present significant impact moving forward and the firm can easily recoup the 5% loss at worse by focusing on increasing ARPUs and user engagement to save their core business.</p>\n<p>Though Facebook started by disclosing that they anticipated the impact on their revenues to be large at first, this no longer seems to be the case. If anything, history has shown us that Mark is not one to back down and if he doesn’t get his way, he damn well will find another way to minimise loss and increase revenue generation in other segments to make up for it. If you aren’t too involved in the technicalities, we think it’s safe to bet on the jockey in this case. Besides, AR / VR growth,WhatsApp monetization, Reels monetization, further user growth in less developed countries away from the legacy North America and Europe region can very well pick up the lost (US$5BN) in sales.</p>\n<p><b>Moat</b></p>\n<p>As mentioned above, the DAUs and MAUs for Facebook are very impressive with a large portion of the world using at least 1 of their products. The moat for the business relies on the wide user base that Facebook has meticulously built over the course of 17 years. With any new product that they have, the firm can easily roll it out to their database of users and expect demand to pick up in a matter of weeks, maybe even days. That is the power of the network of Facebook that really can’t be valued.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2057a83640201edd89430e754f3f8525\" tg-width=\"640\" tg-height=\"431\"><span>(Source: FB Q1’21 Presentation)</span></p>\n<p>Despite the controversy, endless allegations, and negative headlines one after the other, the numbers don’t lie. DAUs have been increasing every single quarter, with the fastest growth observed in Asia-Pacific and the rest of the world. US &amp; Canada growth has slowed as it nears saturation levels, and this is perfectly normal and to be expected. The way we anticipate Facebook to grow their core cash cow business moving forward is clean. 1) Focus on growing ARPUs in their saturated legacy areas (US &amp; Canada and Europe) as well as 2) Increase User Growth by Geography in their growth areas (Asia-Pacific and the Rest of the World). Unsurprisingly, Facebook has been focused on doing just that.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce3456321584d2eea288f7e410215571\" tg-width=\"640\" tg-height=\"388\"><span>(Source: FB Q1’21 Presentation)</span></p>\n<p>When we look to the infamous metric for judging social media companies and their performance – ARPUs, we can see that in the legacy areas, ARPUs have been increasing at a faster pace than compared to growth areas. This falls in line with point number 1 as mentioned above. The legacy areas have already reached saturation levels and user growth is unable to grow at astounding rates anymore. However, since this represent areas that are more developed and generally have higher disposable incomes on the average, focusing on increasing ARPUs and monetizing advertisers is the right strategy and a very feasible one. Though the growth areas are also seeing ARPUs grow YoY as they should, they are not at the same pace as in the US &amp; Canada and Europe. When we look to revenue generated by geography below, this confirms the thesis that revenue is growing faster than user base in those areas, and since ARPU equal to (Total Revenue from that Geography / Number of Users in that area), so long revenue is growing at a faster pace than the user base, they should increase meaningfully.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/84eaec3de9bafd595bf4ecf9ffdae16a\" tg-width=\"640\" tg-height=\"430\"><span>(Source: FB Q1’21 Presentation)</span></p>\n<p>When we look to the slide below, it is also apparent that user numbers are growing much faster in Asia-Pacific and the rest of the world, away from the legacy areas. Across 2 years, MAUs which is the broadest business performance metric employed by Facebook, grew 22.4% and 25.4% in the growth areas while they only grew a mere 6.6% in US &amp; Canada and 10.2% in Europe.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d72be6c3ca7eb809567503ffc1d4ed9\" tg-width=\"640\" tg-height=\"395\"><span>(Source: FB Q1’21 Presentation)</span></p>\n<p>If Facebook can continue to grow their user engagement numbers in the growth areas whilst maximizing ARPUs in legacy areas, the company can easily ensure that the core advertising model will remain the cash cow of the business, funding growth for their other product developments.</p>\n<p><b>Growth Tactics</b></p>\n<p>When we look to potential growth Facebook has, the company isn’t short of any. Facebook has moved to monetizeWhatsApp, where they plan to generate fees from payments made within the app itself as well as through in-app status advertisements. The company is essentially trying to integrate the growth and TAM of the E-commerce market more seamlessly into their family of products including the likes ofWhatsApp. ThroughFacebook Pay, users can now engage in peer-to-peer payments withinWhatsApp itself at no cost. However, when businesses receive a fee from customers through the app itself, they will then have to pay a small ‘processing fee’ to Facebook and this is where it profits. This is the same method that is being employed by Shopify and all the other payment processing channels just that it is now being done locally inWhatsApp itself.WhatsApp payments has launched in Brazil, the 2nd largest market by users and the fee stands at 3.99%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d1d27ff399e3e6fdfbc44a3ff1fb6e6\" tg-width=\"640\" tg-height=\"557\"><span>(Source:Facebook Newsroom)</span></p>\n<p>The firm has also been trying to grow their presence in the E-commerce market and reduce the friction customers experience when clicking through ads on its platforms. Both Instagram checkout and Facebook shops are aimed at doing just that. Their shops solutions are also expanding toWhatsApp, and the marketplace as observed above. The company sees a major shift to online shopping even after the grand reopening of the economies. As part of its effort over the years, they now have 1.2M active shops across their platforms and more than 300M monthly shop visitors. Thelatest releasestates that:</p>\n<blockquote>\n Soon, we’ll give businesses in select countries the option to showcase their Shop inWhatsApp. In the US, we’ll enable them to bring Shops products into Marketplace, helping them reach the more than 1 billion people globally who visit each month.\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38d87012cd9e376a0bed27a095b01828\" tg-width=\"640\" tg-height=\"418\"><span>(Source:Facebook Newsroom)</span></p>\n<p>What’s even more fascinating is the fact that Facebook now plans to integrate new technologies such as AR Dynamic Ads to power the future of shopping. New visual discovery tools on their platforms like Instagram will help customers find new products that they resonate with faster than ever before and help them to visualize their products with AR experiences that they have been working on for a long time now.</p>\n<p>Their continued expansion in the AR/VR market along with the rollout of DIEM, their native digital currency functioning as a stablecoin that was once under the “Libra Project” also presents good growth opportunity in the near future. Facebook is also looking to introducepodcasts and live audio streamsas part of the beginning of their audio journey. In short, Facebook still has a lot of room to grow moving forward apart from looking to squeeze out more cash from their legacy advertising business model. However, as always, product development is one thing, but the financials do need to shape up as well and with Facebook it does.</p>\n<p><b>Financials</b></p>\n<p>Of the FAANG stock group, Facebook enjoys one of the highest margins. The company saw 80.55% in GM in Q1’21 and even in the past, it has enjoyed such high margins, trading between 80.5% to as high as 86.6% in FY17. The chart below also clearly indicates that the remarkable margins trickle down to the bottom line and aren’t wiped out due to operating expenses, registering a NPM of 35.7%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1367468f26c73bde43f494b2b7fb49d6\" tg-width=\"635\" tg-height=\"467\"><span>Data by YCharts</span></p>\n<p>FB also routinely spends a large portion of their revenues on R&amp;D, reinvesting into the business YoY to further improve their products and innovate on new ones. In 2020 the R&amp;D expense represented 21.5% of total sales.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4b923685aa0489833ae8f50fcddf3601\" tg-width=\"640\" tg-height=\"384\"><span>(Source: TIKR.com)</span></p>\n<p>A large chunk of the firms’ revenues is also retained on the balance sheet which is then used over the years to funnel money to continue their acquisitive culture. Despite this, the strong cashflow that the firm enjoys allows it to stay at the top of their industry in terms of innovation whilst ensuring that their treasure trove of cash is growing should there be a need to deploy it. When we look to liquid cash that the firm holds (Cash &amp; Equivalents, and STI), Facebook has grown it at a tremendous CAGR of 26.2%. Net Debt has also just been becoming less of a concern over the years. To date, even after the pandemic, Facebook has no debt.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/13b40cadc31458233d0ea83ce4917c33\" tg-width=\"640\" tg-height=\"384\"><span>(Source: TIKR.com)</span></p>\n<p>Given the data above, it is evident that the firm has one of the most pristine balance sheets in the industry and in the whole stock market. The US$62 BN that they hold as cash presents itself as a massive buffer to cushion the impact of whatever comes their way, be it another acquisitive opportunity, or yet another fine. Either way, the company can weather any financial storm and near balance sheet issues aren’t a problem. Shareholders aren’t too pleased with the cash pile just sitting there and would instead rather the firm start paying a dividend or pick up the pace in share buybacks to maximize investor returns. Facebook has never paid a dividend in its entirety and although they may consider that moving forward, we anticipate that it is not a move that they will commit to. In any case, we ourselves hope that they commit to more share buybacks instead of moving to issue a dividend.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f5b82506a0385a1265c494b21462678\" tg-width=\"640\" tg-height=\"43\"><span>(Source:Q1 10-K Filing SEC)</span></p>\n<p>In their 10-K filing, the company expanded their SRP program to include an additional US$25 BN which will be added atop the US$8.6 BN remaining from a 2017 authorization. That amounts to a current authorized SRP valued at around US$33.6 BN and we anticipate that this may further increase substantially moving forward. Despite outstanding shares reducing overtime, a large part is offset by additional equity issued as part of SBC to employees. It is disappointing that the firm isn’t making more of a definitive move to put that cash pile to use but this is nonetheless not a major red flag.</p>\n<p><b>Valuations</b></p>\n<p>Being a blue-chip company with strong FCF, we would normally value the social media giant with a DCF model. Today, however, we will be looking at EV/Sales and P/E Ratios to try and justify its future valuation, looking 3 years out as always to end 2023.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0878b205b837634b7d2528f57ebe84fc\" tg-width=\"640\" tg-height=\"321\"><span>(Source:Seeking Alpha)</span></p>\n<p>Looking 3 years out to end 23, Facebook is projected to grow revenues at an average of 23.4%, with growth in the 30s for this fiscal year. That would mean that Facebook is anticipated to grow revenues to US$160.8 BN by end 2023, up 87% from what they delivered in FY20 in 3 years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1707f8cfee45ce9ebb0e3ac961e78f48\" tg-width=\"640\" tg-height=\"338\"><span>(Source: TIKR.com)</span></p>\n<p>Since 2018, the firm has traded at an average EV/Sales of 8.85, and last exchanged hands at a multiple of 9.76. Although the firm is trading at a multiple above its mean and higher than any of the other stocks as part of the FAANG group, Facebook does have higher estimates than all the other companies in the near future as observed below. The data does not reflect estimates for 2023.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/444e1473e814530e2332cea02637af53\" tg-width=\"640\" tg-height=\"384\"><span>(Source: TIKR.com)</span></p>\n<p>Moreover, when we look further into the past all the way back to 2013, the company has historically traded at an average of 12.82 and even registered a high close to 22 in 2014. However, since we want to be conservative, but believe that the market has yet to really price Facebook for what it’s worth given all the headline risks in the media that have induced immediate selloffs without any fundamental reason, we will employ a multiple of 9.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8494d3084eed106a9cb0bff0f27cfe7a\" tg-width=\"640\" tg-height=\"384\"><span>(Source: TIKR.com)</span></p>\n<p>At an EV/Sales multiple of 9, that would put Facebook at a US$1.447 TRN dollar valuation by the end of 2023 and a share price of US$539, an upside of 58%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55014da5e82d1a67caaeb34766b35940\" tg-width=\"640\" tg-height=\"294\"><span>(Source:Seeking Alpha)</span></p>\n<p>When we look to revenue surprise and analyst estimate beat / miss trends, Facebook has quite the historical track record of surpassing estimates, having done so 10/12 times in the past 3 years. The average upside surprise stands at 3.59%. Assuming Facebook will continue to deliver the same upside surprise moving forward, a 3.59% beat to the top line estimate of 2023 would warrant revenues of US$166.57 BN. At the same EV/Sales ratio of 9, that would render a higher valuation of US$558.77 USD. Given that Facebook is very close to crossing the US$1 TRN dollar valuation mark, we anticipate this to be a very realistic price target.</p>\n<p>Now shifting on to another valuation method by P/E multiples, the valuation also paints a similar picture.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d67f3c257657bc10ee6be38c16d2a1f\" tg-width=\"640\" tg-height=\"207\"><span>(Source:Seeking Alpha)</span></p>\n<p>Turning to earnings estimates, the company is also projected to do high-teens digit growth for 2022 and 2023 and a close to 30% growth in the bottom line for this fiscal year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe26a8eabec7045dc5a904497737623\" tg-width=\"635\" tg-height=\"501\"><span>Data by YCharts</span></p>\n<p>Despite trading at the highest EV / Sales ratio of the FAANG stocks, Facebook is trading at the lowest TTM normalized PE Ratio amongst its peers, with the inclusion of Microsoft (FANGMA). This is likely due to the market failing to internalize and appreciate the company’s high NPM and profitability. Currently trading at a P/E ratio of 29.14, this is also below its historical means of as high as 60+ in 2016.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/247661f12f62820f6266763f49531355\" tg-width=\"635\" tg-height=\"417\"><span>Data by YCharts</span></p>\n<p>However, given that earnings have improved dramatically since and likely won’t be revisiting those levels as seen from the forward estimates, we will stick with what we believe to be a fair multiple for the stickiest company in the world, 30. At a P/E ratio of 30, that would put the end 2023 share price somewhere near levels of US$531.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce908799f1bf9091b49b94e03db7e476\" tg-width=\"640\" tg-height=\"284\"><span>(Source:Seeking Alpha)</span></p>\n<p>However, because of a surprisingly good earnings-beat track record once again, this has to be factored in moving forward. Of the last 3 years, Facebook has beat earnings 11/12 times. The average beat comes in at 15.72%. If we were to stick to a similar but more conservative beat of say 7%, that would put 2023 normalized earnings at 18.93. The exact same P/E ratio would now warrant a realistic share price of US$567.8, an upside of 66.3%.</p>\n<p>With all 4 estimates using different methods and assumptions with different levels of conservatism employed delivering a potential share price anywhere between US$531 and US$568, it would be fair to conclude that this is a realistic price target for the cashflow king 3 years out into the future. At the low end of estimates of US$531, this is still indicative of a 55% upside.</p>\n<p><b>Investor Takeaways</b></p>\n<p>To conclude, we believe Facebook has a very strong future ahead and the projected numbers for both the Topline and Bottom line are indicative of potential upside. We place significant emphasis on forward estimates as markets are future discounting mechanisms that react accordingly. The company enjoys unbelievably high margins, has a pristine balance sheet with absolutely no debt, and is anticipated to keep raking in high revenues with strong cashflow numbers.</p>\n<p>With so many growth opportunities such as the monetization ofWhatsApp, AR/VR, shops, marketplace growth, DIEM, and the continued growth in its legacy advertisement business both in terms of MAP and ARPUs, Facebook is here to stay and is nowhere near exhausting its full potential. The sizeable TAMs in each of the different business segments combined with other opportunities such as Facebook Reels which we did not cover, and the fact that it has yet to have been monetized, all point to a bright future.</p>\n<p>That being said, it is a given that the company will face many other bumps along moving forward. Facebook will continue to be subjected to what we call ‘headline risks’ whereby the stock will be overly sold off to the downside based upon nothing fundamental but one-sided exaggerated narratives. This we believe presents the best time to pick up shares and accumulate for the long run. Facebook has been perceived to have engaged in a lot of dubious unethical behaviour surrounding user data but like we said, that is separate from the investment opportunity the company presents and we will leave that to you to decide. Granted that there are many reasons surrounding the company's beat-down reputation, the return on invested capital is a different story and the main one to be focused on when considering if a company is a good investment or not.</p>\n<p>End day, when it comes to blue-chip stocks that have a firm hold in the industry, good sticky products, and solid financials, it is hard for the stock not to trend up overtime so long as estimates paint a bright picture and most importantly, the markets continue to value them in the same rational way. This has not always been the case and can be easily seen from Microsoft’s outperformance hiatus when the Dot Com bubble crashed, and the stock took 17 years to put in a new high. Still, we believe blue chip stocks are a good bet as of now and should be a part of everyone’s portfolio, and Facebook presents the best buy of the FAANG from our perspective. Till next time!</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>Facebook: Simply Unstoppable</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\">\nFacebook: Simply Unstoppable\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 16:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4437000-facebook-simply-unstoppable><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe #StopHateforProfit Campaign, antitrust allegations, Apple IDFA issue, and a host of other historical issues have not stopped the social media giant and will not stop it.\nDespite an ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437000-facebook-simply-unstoppable\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4437000-facebook-simply-unstoppable","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100563900","content_text":"Summary\n\nThe #StopHateforProfit Campaign, antitrust allegations, Apple IDFA issue, and a host of other historical issues have not stopped the social media giant and will not stop it.\nDespite an impressive rally delivering 65% since the start of CY20 and 26% YTD, Facebook remains undervalued relative to its peers and the FAANG stocks with the best forward estimates.\nThe strong moat originating from their sheer user base, and sizeable TAMs in E-commerce, VR/AR, digital assets (DIEM), cumulatively make for a compelling growth story.\nAlthough the company is highly controversial and rightfully so, this article focuses more on the quantitative analysis and less on the morals and ethics behind this investment. That, we shall leave to you.\n\nnemke/E+ via Getty Images\nInvestment Thesis\nFacebook (FB) has had a volatile trading period the past few years with a general uptrend, delivering shareholders nice returns whilst subjecting them to a few major dips which presented investors an opportunity for a steal. Despite the controversy and headline risks every now and then, the company has been able to battle through them and emerge ever so stronger. The company’s financials have been holding up and shows no sign of stoppage anytime soon. In a time as such, with significant uncertainty in the macro environment and inflation fears creeping up, we believe that shifting some of your assets to high cashflow generating companies is a wise strategy that will pay off. Growth and value are 2 different things, and there still exists growth companies that are undervalued and can still generate substantial cashflow, and we believe Facebook is one of them. The company also remains to be one of the more attractive blue-chip stocks compared to the others in the FAANG. We employ a 3–5-year outlook and have been bullish since USD$200/share. Let’s Begin!\nWhat is Facebook\nKnown to all, Facebook is a social media giant with a family of products including the likes of Facebook, Instagram,WhatsApp, Messenger, and now Oculus. The firm essentially has a stronghold in the social media industry and has an impressive DAP of2.72 BN as of Q1’21and MAP of 3.45 BN.\n(Source:FB Q1’21 Presentation)\nThe world has7.874 BNpeople as of the time of this writing and that would mean that 43.8% of all the people in the world use some form of product from Facebook’s portfolio in the past 30 days. On a daily basis, 34.5% of the people in the world use it. If that isn’t a sticky service, nothing really is. If we were to focus on the usage of the Facebook app solely, 23.8% of the world logs into the app daily based on DAUs.\nThe firm was founded in 2004 and generates the majority of their revenue from advertisements. If you have watched the social dilemma on Netflix, you would realize that Facebook’s real customer isn’t everyday users. Instead, users are the product, and they are being sold to advertisers. The company has created such an engaging and sticky service that users are more than happy to be using their apps, despite knowing that their data is being sold from one company to another. As appalling as it is, they’re indifferent to it all and still find the value in using the company’s products on a daily basis – keeping in touch with distant relatives, chatting with friends, staying up to date with the latest fashion trends and news… (According to the Pew Research Center, more than a 1/3 of US adults say they get their news regularly from Facebook)\n(Source:Pew Research Center)\nTo Facebook, this is equally as good as the more users, the wider the ‘product’ base that they have to offer their customers - advertisers. Advertisers are also indifferent to how Facebook attains its data, so long as Facebook’s targeting metrics and trackers are working well, the more likely it is that they are able to generate conversions. The more conversions, the more sales for them, the more ads they continue to pay for, the more revenue Facebook generates. Win-Win-Win, their apps are the bait, and the product (users), customers (advertisers), and supplier (Facebook), all walk away winners. It’s a remarkable business model that has stood the test of time and no matter the amount of controversy around the business, founders, and its practices, it isn’t going anywhere anytime soon and for one simple reason: Users likely can’t do without Facebook’s products whether they are willing to admit it or not.\nWhen we look back in the past to reflect on how the #StopHateForProfit Campaign turned out for the company, it is apparent that the impact it had on the top and bottom line were both minimal. The boycott was one that arose due to Facebook’s bad hate speech regulations and policing, and because of the laissez-faire attitude toward posts from then President, Donald Trump. More than 1000 companies publicly committed to boycotting the social media giant in June/July (coinciding with end Q2 and start Q3) and many of the top 100 advertisers based on ad spend such as Nike, Adidas, Puma, Coca-Cola, all revised their budgets downwards.\nDespite this, Facebook beat on Q2 earnings and saw an increase of 10.7% YOY. In its forward guidance, the company also announced that for July, they were anticipating a slowdown in YoY growth of 17% but was still due to see a 10% increase. They alsoanticipatedthe slowdown in growth to last through till October. However, the company did not attribute this slowdown to the boycott specifically but to 3 other major headwinds. With the benefit of hindsight, we can now see that even for Q3’20, the firm saw an impressive 21.6% rise in its top line, with the bottom line still registering a 12.2% improvement in NPM for Q2’20 YoY and a 200 bps NPM improvement in Q3.\nThe results are clear and indicative of a few things. The boycott by the largest companies did little to Facebook’s financial story as they still managed to register growth and did not see significant pullbacks that were material. This can be tied to the fact that most of Facebook’s advertisers are SMBs. Although certain few SMBs did join the boycott, most didn’t, and the firm still had their impressive 9 million + customer base to rely on. If anything, this also suggests that despite what any SMB stands for and whether they agree with a social cause or not, it is hard for them to find alternatives that they can shift to on a similar pricing scale. Big brands can easily pivot to other advertisements such as TV and radio commercials but SMBs simply can’t because of smaller budgets. Lastly, it is now clear that the campaign affected Facebook’s reputation more so than it did its cashflow.\nRisks\nOther risks that the company may face would be future antitrust lawsuits. As it is, the company is already facing allegations of being a monopoly based on their aggressive acquisitive history having acquired more than90 other companiessince inception. They were alsofined US$5 BNby the FTC in 2019 and were required to adopt their policies and employ new protections for the users and their data that has been shared.\n(Source: TIKR.com)\nThough representative of a historic penalty and the largest ever imposed on a company for violating user’s privacy rights, the US$5BN was a drop in the bucket for the giant that went on to generate US$70+ BN dollars for the year.\nThe current issues that they have with Apple’s new iOS changes and the IDFA implications are also likely not going to have a substantial impact on the firm. The Identifier for Advertisers [IDFA] is a random device identifier assigned by Apple to a user's device. Advertisers use this to track data so they can deliver customized advertising on mobile. With the new iOS changes, Apple essentially programmed it such that each app that wants to use these identifiers will have to ask users to opt in for tracking when the app is first launched. If users opt out, the app can’t track certain data and Facebook will have a smaller database of points to rely upon. As consumer preferences change, so will Facebook’s targeting that relies on IDFAs get worse and less effective due to outdated data points.\nAccording to aCNBC article:\n\n Most critically at stake for Facebook is what’s known as view-through conversions. This metric is used by ad-tech companies to measure how many users saw an ad, did not immediately click on it, but later made a purchase related to that ad.”\n\nWhen the conversion is made later on, the data IDFA for that particular user is then shared by the retailer to Facebook which is then used by the company to see if it matches the IDFA of the user who saw the ad. If they pair, it indicates that the ad was useful in generating a conversion. This data performance is then relayed to advertisers so that they can tweak their ad strategies accordingly. Withas much as 96% of usersanticipated to opt out of tracking on all apps, this would mean that mobile ads on 3rdparty apps may no longer be as useful if Facebook cannot really judge its effectiveness anymore. The more ineffective the ads become, the less conversions for retailers, and the more they pivot to other advertising platforms, which will impact the revenues for the firm.\nHowever, Facebook has disclosed that this will particularly only affect one form of advertisement which relies heavily on the IDFA, known as Audience Networks. Fortunately, the audience network segment only represents less than 10% of the firm’s total revenues. With the impact estimating to cost a drop in50% of all ads deliveredand hence sales from this segment, this would atbest represent a 5% drop in their total revenues. With that said, we do not anticipate that this will be present significant impact moving forward and the firm can easily recoup the 5% loss at worse by focusing on increasing ARPUs and user engagement to save their core business.\nThough Facebook started by disclosing that they anticipated the impact on their revenues to be large at first, this no longer seems to be the case. If anything, history has shown us that Mark is not one to back down and if he doesn’t get his way, he damn well will find another way to minimise loss and increase revenue generation in other segments to make up for it. If you aren’t too involved in the technicalities, we think it’s safe to bet on the jockey in this case. Besides, AR / VR growth,WhatsApp monetization, Reels monetization, further user growth in less developed countries away from the legacy North America and Europe region can very well pick up the lost (US$5BN) in sales.\nMoat\nAs mentioned above, the DAUs and MAUs for Facebook are very impressive with a large portion of the world using at least 1 of their products. The moat for the business relies on the wide user base that Facebook has meticulously built over the course of 17 years. With any new product that they have, the firm can easily roll it out to their database of users and expect demand to pick up in a matter of weeks, maybe even days. That is the power of the network of Facebook that really can’t be valued.\n(Source: FB Q1’21 Presentation)\nDespite the controversy, endless allegations, and negative headlines one after the other, the numbers don’t lie. DAUs have been increasing every single quarter, with the fastest growth observed in Asia-Pacific and the rest of the world. US & Canada growth has slowed as it nears saturation levels, and this is perfectly normal and to be expected. The way we anticipate Facebook to grow their core cash cow business moving forward is clean. 1) Focus on growing ARPUs in their saturated legacy areas (US & Canada and Europe) as well as 2) Increase User Growth by Geography in their growth areas (Asia-Pacific and the Rest of the World). Unsurprisingly, Facebook has been focused on doing just that.\n(Source: FB Q1’21 Presentation)\nWhen we look to the infamous metric for judging social media companies and their performance – ARPUs, we can see that in the legacy areas, ARPUs have been increasing at a faster pace than compared to growth areas. This falls in line with point number 1 as mentioned above. The legacy areas have already reached saturation levels and user growth is unable to grow at astounding rates anymore. However, since this represent areas that are more developed and generally have higher disposable incomes on the average, focusing on increasing ARPUs and monetizing advertisers is the right strategy and a very feasible one. Though the growth areas are also seeing ARPUs grow YoY as they should, they are not at the same pace as in the US & Canada and Europe. When we look to revenue generated by geography below, this confirms the thesis that revenue is growing faster than user base in those areas, and since ARPU equal to (Total Revenue from that Geography / Number of Users in that area), so long revenue is growing at a faster pace than the user base, they should increase meaningfully.\n(Source: FB Q1’21 Presentation)\nWhen we look to the slide below, it is also apparent that user numbers are growing much faster in Asia-Pacific and the rest of the world, away from the legacy areas. Across 2 years, MAUs which is the broadest business performance metric employed by Facebook, grew 22.4% and 25.4% in the growth areas while they only grew a mere 6.6% in US & Canada and 10.2% in Europe.\n(Source: FB Q1’21 Presentation)\nIf Facebook can continue to grow their user engagement numbers in the growth areas whilst maximizing ARPUs in legacy areas, the company can easily ensure that the core advertising model will remain the cash cow of the business, funding growth for their other product developments.\nGrowth Tactics\nWhen we look to potential growth Facebook has, the company isn’t short of any. Facebook has moved to monetizeWhatsApp, where they plan to generate fees from payments made within the app itself as well as through in-app status advertisements. The company is essentially trying to integrate the growth and TAM of the E-commerce market more seamlessly into their family of products including the likes ofWhatsApp. ThroughFacebook Pay, users can now engage in peer-to-peer payments withinWhatsApp itself at no cost. However, when businesses receive a fee from customers through the app itself, they will then have to pay a small ‘processing fee’ to Facebook and this is where it profits. This is the same method that is being employed by Shopify and all the other payment processing channels just that it is now being done locally inWhatsApp itself.WhatsApp payments has launched in Brazil, the 2nd largest market by users and the fee stands at 3.99%.\n(Source:Facebook Newsroom)\nThe firm has also been trying to grow their presence in the E-commerce market and reduce the friction customers experience when clicking through ads on its platforms. Both Instagram checkout and Facebook shops are aimed at doing just that. Their shops solutions are also expanding toWhatsApp, and the marketplace as observed above. The company sees a major shift to online shopping even after the grand reopening of the economies. As part of its effort over the years, they now have 1.2M active shops across their platforms and more than 300M monthly shop visitors. Thelatest releasestates that:\n\n Soon, we’ll give businesses in select countries the option to showcase their Shop inWhatsApp. In the US, we’ll enable them to bring Shops products into Marketplace, helping them reach the more than 1 billion people globally who visit each month.\n\n(Source:Facebook Newsroom)\nWhat’s even more fascinating is the fact that Facebook now plans to integrate new technologies such as AR Dynamic Ads to power the future of shopping. New visual discovery tools on their platforms like Instagram will help customers find new products that they resonate with faster than ever before and help them to visualize their products with AR experiences that they have been working on for a long time now.\nTheir continued expansion in the AR/VR market along with the rollout of DIEM, their native digital currency functioning as a stablecoin that was once under the “Libra Project” also presents good growth opportunity in the near future. Facebook is also looking to introducepodcasts and live audio streamsas part of the beginning of their audio journey. In short, Facebook still has a lot of room to grow moving forward apart from looking to squeeze out more cash from their legacy advertising business model. However, as always, product development is one thing, but the financials do need to shape up as well and with Facebook it does.\nFinancials\nOf the FAANG stock group, Facebook enjoys one of the highest margins. The company saw 80.55% in GM in Q1’21 and even in the past, it has enjoyed such high margins, trading between 80.5% to as high as 86.6% in FY17. The chart below also clearly indicates that the remarkable margins trickle down to the bottom line and aren’t wiped out due to operating expenses, registering a NPM of 35.7%.\nData by YCharts\nFB also routinely spends a large portion of their revenues on R&D, reinvesting into the business YoY to further improve their products and innovate on new ones. In 2020 the R&D expense represented 21.5% of total sales.\n(Source: TIKR.com)\nA large chunk of the firms’ revenues is also retained on the balance sheet which is then used over the years to funnel money to continue their acquisitive culture. Despite this, the strong cashflow that the firm enjoys allows it to stay at the top of their industry in terms of innovation whilst ensuring that their treasure trove of cash is growing should there be a need to deploy it. When we look to liquid cash that the firm holds (Cash & Equivalents, and STI), Facebook has grown it at a tremendous CAGR of 26.2%. Net Debt has also just been becoming less of a concern over the years. To date, even after the pandemic, Facebook has no debt.\n(Source: TIKR.com)\nGiven the data above, it is evident that the firm has one of the most pristine balance sheets in the industry and in the whole stock market. The US$62 BN that they hold as cash presents itself as a massive buffer to cushion the impact of whatever comes their way, be it another acquisitive opportunity, or yet another fine. Either way, the company can weather any financial storm and near balance sheet issues aren’t a problem. Shareholders aren’t too pleased with the cash pile just sitting there and would instead rather the firm start paying a dividend or pick up the pace in share buybacks to maximize investor returns. Facebook has never paid a dividend in its entirety and although they may consider that moving forward, we anticipate that it is not a move that they will commit to. In any case, we ourselves hope that they commit to more share buybacks instead of moving to issue a dividend.\n(Source:Q1 10-K Filing SEC)\nIn their 10-K filing, the company expanded their SRP program to include an additional US$25 BN which will be added atop the US$8.6 BN remaining from a 2017 authorization. That amounts to a current authorized SRP valued at around US$33.6 BN and we anticipate that this may further increase substantially moving forward. Despite outstanding shares reducing overtime, a large part is offset by additional equity issued as part of SBC to employees. It is disappointing that the firm isn’t making more of a definitive move to put that cash pile to use but this is nonetheless not a major red flag.\nValuations\nBeing a blue-chip company with strong FCF, we would normally value the social media giant with a DCF model. Today, however, we will be looking at EV/Sales and P/E Ratios to try and justify its future valuation, looking 3 years out as always to end 2023.\n(Source:Seeking Alpha)\nLooking 3 years out to end 23, Facebook is projected to grow revenues at an average of 23.4%, with growth in the 30s for this fiscal year. That would mean that Facebook is anticipated to grow revenues to US$160.8 BN by end 2023, up 87% from what they delivered in FY20 in 3 years.\n(Source: TIKR.com)\nSince 2018, the firm has traded at an average EV/Sales of 8.85, and last exchanged hands at a multiple of 9.76. Although the firm is trading at a multiple above its mean and higher than any of the other stocks as part of the FAANG group, Facebook does have higher estimates than all the other companies in the near future as observed below. The data does not reflect estimates for 2023.\n(Source: TIKR.com)\nMoreover, when we look further into the past all the way back to 2013, the company has historically traded at an average of 12.82 and even registered a high close to 22 in 2014. However, since we want to be conservative, but believe that the market has yet to really price Facebook for what it’s worth given all the headline risks in the media that have induced immediate selloffs without any fundamental reason, we will employ a multiple of 9.\n(Source: TIKR.com)\nAt an EV/Sales multiple of 9, that would put Facebook at a US$1.447 TRN dollar valuation by the end of 2023 and a share price of US$539, an upside of 58%.\n(Source:Seeking Alpha)\nWhen we look to revenue surprise and analyst estimate beat / miss trends, Facebook has quite the historical track record of surpassing estimates, having done so 10/12 times in the past 3 years. The average upside surprise stands at 3.59%. Assuming Facebook will continue to deliver the same upside surprise moving forward, a 3.59% beat to the top line estimate of 2023 would warrant revenues of US$166.57 BN. At the same EV/Sales ratio of 9, that would render a higher valuation of US$558.77 USD. Given that Facebook is very close to crossing the US$1 TRN dollar valuation mark, we anticipate this to be a very realistic price target.\nNow shifting on to another valuation method by P/E multiples, the valuation also paints a similar picture.\n(Source:Seeking Alpha)\nTurning to earnings estimates, the company is also projected to do high-teens digit growth for 2022 and 2023 and a close to 30% growth in the bottom line for this fiscal year.\nData by YCharts\nDespite trading at the highest EV / Sales ratio of the FAANG stocks, Facebook is trading at the lowest TTM normalized PE Ratio amongst its peers, with the inclusion of Microsoft (FANGMA). This is likely due to the market failing to internalize and appreciate the company’s high NPM and profitability. Currently trading at a P/E ratio of 29.14, this is also below its historical means of as high as 60+ in 2016.\nData by YCharts\nHowever, given that earnings have improved dramatically since and likely won’t be revisiting those levels as seen from the forward estimates, we will stick with what we believe to be a fair multiple for the stickiest company in the world, 30. At a P/E ratio of 30, that would put the end 2023 share price somewhere near levels of US$531.\n(Source:Seeking Alpha)\nHowever, because of a surprisingly good earnings-beat track record once again, this has to be factored in moving forward. Of the last 3 years, Facebook has beat earnings 11/12 times. The average beat comes in at 15.72%. If we were to stick to a similar but more conservative beat of say 7%, that would put 2023 normalized earnings at 18.93. The exact same P/E ratio would now warrant a realistic share price of US$567.8, an upside of 66.3%.\nWith all 4 estimates using different methods and assumptions with different levels of conservatism employed delivering a potential share price anywhere between US$531 and US$568, it would be fair to conclude that this is a realistic price target for the cashflow king 3 years out into the future. At the low end of estimates of US$531, this is still indicative of a 55% upside.\nInvestor Takeaways\nTo conclude, we believe Facebook has a very strong future ahead and the projected numbers for both the Topline and Bottom line are indicative of potential upside. We place significant emphasis on forward estimates as markets are future discounting mechanisms that react accordingly. The company enjoys unbelievably high margins, has a pristine balance sheet with absolutely no debt, and is anticipated to keep raking in high revenues with strong cashflow numbers.\nWith so many growth opportunities such as the monetization ofWhatsApp, AR/VR, shops, marketplace growth, DIEM, and the continued growth in its legacy advertisement business both in terms of MAP and ARPUs, Facebook is here to stay and is nowhere near exhausting its full potential. The sizeable TAMs in each of the different business segments combined with other opportunities such as Facebook Reels which we did not cover, and the fact that it has yet to have been monetized, all point to a bright future.\nThat being said, it is a given that the company will face many other bumps along moving forward. Facebook will continue to be subjected to what we call ‘headline risks’ whereby the stock will be overly sold off to the downside based upon nothing fundamental but one-sided exaggerated narratives. This we believe presents the best time to pick up shares and accumulate for the long run. Facebook has been perceived to have engaged in a lot of dubious unethical behaviour surrounding user data but like we said, that is separate from the investment opportunity the company presents and we will leave that to you to decide. Granted that there are many reasons surrounding the company's beat-down reputation, the return on invested capital is a different story and the main one to be focused on when considering if a company is a good investment or not.\nEnd day, when it comes to blue-chip stocks that have a firm hold in the industry, good sticky products, and solid financials, it is hard for the stock not to trend up overtime so long as estimates paint a bright picture and most importantly, the markets continue to value them in the same rational way. This has not always been the case and can be easily seen from Microsoft’s outperformance hiatus when the Dot Com bubble crashed, and the stock took 17 years to put in a new high. Still, we believe blue chip stocks are a good bet as of now and should be a part of everyone’s portfolio, and Facebook presents the best buy of the FAANG from our perspective. Till next time!","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159254490,"gmtCreate":1624972068710,"gmtModify":1703849099082,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"?????","listText":"?????","text":"?????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159254490","repostId":"1160954259","repostType":2,"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150055537,"gmtCreate":1624877905329,"gmtModify":1703846818516,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"All so exp…","listText":"All so exp…","text":"All so exp…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150055537","repostId":"1103992527","repostType":2,"repost":{"id":"1103992527","kind":"news","pubTimestamp":1624873176,"share":"https://ttm.financial/m/news/1103992527?lang=&edition=fundamental","pubTime":"2021-06-28 17:39","market":"us","language":"en","title":"7 Growth Stocks to Buy and Hold for a Golden Retirement","url":"https://stock-news.laohu8.com/highlight/detail?id=1103992527","media":"InvestorPlace","summary":"These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growi","content":"<p>These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growing return on investment</p>\n<p>The last thing any retiree would want to do is to sit around and fret about their portfolio. After all, they’ve worked hard to try to enjoy life as a senior and to not worry about their financial position. The best way to solve this problem is a well-rounded portfolio with the right balance of dividend, growth and value stocks. This article specifically focuses on the growth stocks to buy and how they can super-charge your retirement portfolio.</p>\n<p>Growth stocks typically belong to those companies that are growing at an above-average rate in their respective industries. Moreover, these companies are poised to expand over a long-term horizon thanks to their ability to innovate and reinvent themselves. Growth investors look at forward profitability and cash flow metrics when picking out the best growth stocks to buy.</p>\n<p>With that being said, this list below covers seven of the most promising growth stocks to buy, which will deliver returns across several markets.</p>\n<ul>\n <li><b>Cloudflare</b>(NYSE:<b>NET</b>)</li>\n <li><b>Shopify</b>(NYSE:<b>SHOP</b>)</li>\n <li><b>Square</b>(NYSE:<b>SQ</b>)</li>\n <li><b>Snap</b>(NYSE:<b>SNAP</b>)</li>\n <li><b>Alibaba Group</b>(NYSE:<b>BABA</b>)</li>\n <li><b>Etsy</b>(NASDAQ:<b>ETSY</b>)</li>\n <li><b>Roku</b>(NASDAQ:<b>ROKU</b>)</li>\n</ul>\n<p><b>Cloudflare (NET)</b></p>\n<p>Cloudflare has arguably one of the most active companies in the past year, launching more than 550 new products. The cloud platform has been growing rapidly and has expanded its total addressable market to over $70 billion. Additionally, it plans to spread into other profitable areas apart from its traditional content delivery services. Moreover, NET stock’s 12-month returns are at a staggering 180%.</p>\n<p>Earnings in the past year have been nothing short of amazing, with double-digit growth in revenues for the past three quarters. Year-over-year revenue growth is at a healthy 51%, with forward estimates at 42%. &nbsp;As it looks to expand its product suite into large TAM areas such as cybersecurity and MPLS/SD-WAN, it will continue to post strong sales numbers for the foreseeable future.</p>\n<p><b>Shopify (SHOP)</b></p>\n<p>Shopify is a leading merchant platform that has consistently delivered for its long-term investors. With businesses having to close down during the pandemic, Shopify became a beacon of hope for small merchants starting their online businesses. As a result, its year-over-year revenue growth is dumbfounding 99.6%, which dwarfs its competition. Hence, with a wide moat and the ability to constantly evolve more than justifies SHOP stocks lofty valuation.</p>\n<p>2020 was another stellar year for the company, but it looks like it still has multiple chapters to write in its growth story.&nbsp;Its fulfillment center strategy&nbsp;is one of them, giving&nbsp;<b>Amazon</b>(NASDAQ:<b>AMZN</b>) a run for its money. Moreover, its Payments division and international markets are two major catalysts for future growth. The company expects to grow its revenues by $5 billion by 2023 and take a larger bite out of the e-commerce market.</p>\n<p><b>Square (SQ)</b></p>\n<p>Square has turned into a new-age financial services juggernaut. It has posted stellar growth rates, delivering monster quarterly results and outperforming its already high expectations. It continues to expand its distinct ecosystems, which includes its and Seller and Cash App. Both ecosystems exhibit a $160 billion addressable market opportunity collectively. Moreover, SQ stock has generated over 130% returns in the past 12-months.</p>\n<p>The Cash App platform has been a key driver of the company’s growth. Its monthly active users have grown by 50% to&nbsp;over 36 million in 2020.&nbsp; Through its&nbsp;<b>Bitcoin</b>(CCC:<b>BTC-USD</b>)&nbsp; functionalities and the impact of the Cash Card, it creates several monetization opportunities. Additionally, the re-opening of the U.S. and the worldwide economy will propel the stock further as more small and medium-sized enterprises regain their footing.</p>\n<p><b>Snap (SNAP)</b></p>\n<p>Social media giant Snap was in a tough spot a couple of years ago, as its user base stagnated considerably. However, it is now back in the game with improvements in monetization, augmented reality and unique content. Analysts point towards multiple years of double-digit revenue growth ahead, and its high long-term margin structure makes SNAP stock a highly attractive investment.</p>\n<p>Daily Active Users (DAUs) for the company increased on a year-over-year basisin each of the four quarters last year. The trend continued in the first quarter, where its DAUs grew by a healthy 22%.&nbsp; Moreover, revenues in the quarter were up 66%&nbsp;year-over-year to $170 million. It has multiple monetization avenues left to explore, including Maps, Spotlight, Stories and others.&nbsp; Hence, with forward revenue estimates of roughly 50%, the company is in pole position to deliver strong returns for the foreseeable future.</p>\n<p><b>Alibaba Group (BABA)</b></p>\n<p>Chinese e-commerce giant Alibaba has been one of the fastest-growing companies in the past several years. In the past seven years, its business has grown at a spectacular 23.8% CAGR and is still growing at an impressive pace. Year-over-year revenue growth has been at a remarkable 41%, with forward estimates over 35%. Analysts believe that BABA stock could generate over 300% returns in the next five years.</p>\n<p>Alibaba has gone a great job of diversifying its income streams from its traditional retail business. Some of these include cloud computing, entertainment, digital media and others. Cloud computing, in particular, is an area where Alibaba will look to invest heavily in the coming years. The high-margin business will help narrow down its losses and open up new opportunities in adjacent areas.</p>\n<p><b>Etsy (ETSY)</b></p>\n<p>Etsy is an online niche marketplace with a wide and sustainable moat. It has witnessed massive growth during the pandemic, as its revenues increased by triple-digit percentages in the past four quarters. Its gross merchandise value (GMV) and revenues increased by roughly 106% and 111%, respectively, in 2020. Moreover, its EBITDA growth on a year-over-year basis is at a stunning 391%. No wonder ETSY stock has surged over 78% in the past 12 months.</p>\n<p>With last year’s blow-out performance, investors are worried about whether the company can continue its progress. Etsy is expanding its business through some smart acquisitions. It recently acquired&nbsp;<b>Reverb</b>&nbsp;and&nbsp;<b>Depop</b>&nbsp;to expand its music and fashion recommerce expertise. These acquisitions will also facilitate the company’s global outreach.Etsy posted a 141% year-over-year growth&nbsp;in its first quarter, which suggests that it isn’t slowing down anytime soon.</p>\n<p><b>Roku (ROKU)</b></p>\n<p>Streaming giant Roku has been on a roll in the past year, with its revenues and subscribers fueled by the pandemic. It gained an unbelievable 16.7 million new users during the pandemic and now&nbsp;has 53.6 million users. It is likely to achieve a record 65 million users by the conclusion of this year. With strong user monetization and active user growth, ROKU stock could potentially surge to new heights.</p>\n<p>Looking ahead, the company has multiple growth drivers which could push its stock price higher in the future. Its CTV ad segment, in particular, could pay a lot of dividends with the gradual shift from linear to CTV. Moreover, it continues to invest heavily in its content library, with its recent launch of&nbsp;<b>Roku Originals</b>&nbsp;and its acquisition of&nbsp;<b>Saban Films</b>. Hence, it has an incredible growth runway ahead and should continue posting strong top and bottom-line numbers.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Growth Stocks to Buy and Hold for a Golden Retirement</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\">\n7 Growth Stocks to Buy and Hold for a Golden Retirement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 17:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/7-great-growth-stocks-to-buy-and-hold-for-a-golden-retirement/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growing return on investment\nThe last thing any retiree would want to do is to sit around and fret about ...</p>\n\n<a href=\"https://investorplace.com/2021/06/7-great-growth-stocks-to-buy-and-hold-for-a-golden-retirement/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","ETSY":"Etsy, Inc.","SHOP":"Shopify Inc","SNAP":"Snap Inc","BABA":"阿里巴巴","NET":"Cloudflare, Inc.","ROKU":"Roku Inc"},"source_url":"https://investorplace.com/2021/06/7-great-growth-stocks-to-buy-and-hold-for-a-golden-retirement/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103992527","content_text":"These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growing return on investment\nThe last thing any retiree would want to do is to sit around and fret about their portfolio. After all, they’ve worked hard to try to enjoy life as a senior and to not worry about their financial position. The best way to solve this problem is a well-rounded portfolio with the right balance of dividend, growth and value stocks. This article specifically focuses on the growth stocks to buy and how they can super-charge your retirement portfolio.\nGrowth stocks typically belong to those companies that are growing at an above-average rate in their respective industries. Moreover, these companies are poised to expand over a long-term horizon thanks to their ability to innovate and reinvent themselves. Growth investors look at forward profitability and cash flow metrics when picking out the best growth stocks to buy.\nWith that being said, this list below covers seven of the most promising growth stocks to buy, which will deliver returns across several markets.\n\nCloudflare(NYSE:NET)\nShopify(NYSE:SHOP)\nSquare(NYSE:SQ)\nSnap(NYSE:SNAP)\nAlibaba Group(NYSE:BABA)\nEtsy(NASDAQ:ETSY)\nRoku(NASDAQ:ROKU)\n\nCloudflare (NET)\nCloudflare has arguably one of the most active companies in the past year, launching more than 550 new products. The cloud platform has been growing rapidly and has expanded its total addressable market to over $70 billion. Additionally, it plans to spread into other profitable areas apart from its traditional content delivery services. Moreover, NET stock’s 12-month returns are at a staggering 180%.\nEarnings in the past year have been nothing short of amazing, with double-digit growth in revenues for the past three quarters. Year-over-year revenue growth is at a healthy 51%, with forward estimates at 42%.  As it looks to expand its product suite into large TAM areas such as cybersecurity and MPLS/SD-WAN, it will continue to post strong sales numbers for the foreseeable future.\nShopify (SHOP)\nShopify is a leading merchant platform that has consistently delivered for its long-term investors. With businesses having to close down during the pandemic, Shopify became a beacon of hope for small merchants starting their online businesses. As a result, its year-over-year revenue growth is dumbfounding 99.6%, which dwarfs its competition. Hence, with a wide moat and the ability to constantly evolve more than justifies SHOP stocks lofty valuation.\n2020 was another stellar year for the company, but it looks like it still has multiple chapters to write in its growth story. Its fulfillment center strategy is one of them, giving Amazon(NASDAQ:AMZN) a run for its money. Moreover, its Payments division and international markets are two major catalysts for future growth. The company expects to grow its revenues by $5 billion by 2023 and take a larger bite out of the e-commerce market.\nSquare (SQ)\nSquare has turned into a new-age financial services juggernaut. It has posted stellar growth rates, delivering monster quarterly results and outperforming its already high expectations. It continues to expand its distinct ecosystems, which includes its and Seller and Cash App. Both ecosystems exhibit a $160 billion addressable market opportunity collectively. Moreover, SQ stock has generated over 130% returns in the past 12-months.\nThe Cash App platform has been a key driver of the company’s growth. Its monthly active users have grown by 50% to over 36 million in 2020.  Through its Bitcoin(CCC:BTC-USD)  functionalities and the impact of the Cash Card, it creates several monetization opportunities. Additionally, the re-opening of the U.S. and the worldwide economy will propel the stock further as more small and medium-sized enterprises regain their footing.\nSnap (SNAP)\nSocial media giant Snap was in a tough spot a couple of years ago, as its user base stagnated considerably. However, it is now back in the game with improvements in monetization, augmented reality and unique content. Analysts point towards multiple years of double-digit revenue growth ahead, and its high long-term margin structure makes SNAP stock a highly attractive investment.\nDaily Active Users (DAUs) for the company increased on a year-over-year basisin each of the four quarters last year. The trend continued in the first quarter, where its DAUs grew by a healthy 22%.  Moreover, revenues in the quarter were up 66% year-over-year to $170 million. It has multiple monetization avenues left to explore, including Maps, Spotlight, Stories and others.  Hence, with forward revenue estimates of roughly 50%, the company is in pole position to deliver strong returns for the foreseeable future.\nAlibaba Group (BABA)\nChinese e-commerce giant Alibaba has been one of the fastest-growing companies in the past several years. In the past seven years, its business has grown at a spectacular 23.8% CAGR and is still growing at an impressive pace. Year-over-year revenue growth has been at a remarkable 41%, with forward estimates over 35%. Analysts believe that BABA stock could generate over 300% returns in the next five years.\nAlibaba has gone a great job of diversifying its income streams from its traditional retail business. Some of these include cloud computing, entertainment, digital media and others. Cloud computing, in particular, is an area where Alibaba will look to invest heavily in the coming years. The high-margin business will help narrow down its losses and open up new opportunities in adjacent areas.\nEtsy (ETSY)\nEtsy is an online niche marketplace with a wide and sustainable moat. It has witnessed massive growth during the pandemic, as its revenues increased by triple-digit percentages in the past four quarters. Its gross merchandise value (GMV) and revenues increased by roughly 106% and 111%, respectively, in 2020. Moreover, its EBITDA growth on a year-over-year basis is at a stunning 391%. No wonder ETSY stock has surged over 78% in the past 12 months.\nWith last year’s blow-out performance, investors are worried about whether the company can continue its progress. Etsy is expanding its business through some smart acquisitions. It recently acquired Reverb and Depop to expand its music and fashion recommerce expertise. These acquisitions will also facilitate the company’s global outreach.Etsy posted a 141% year-over-year growth in its first quarter, which suggests that it isn’t slowing down anytime soon.\nRoku (ROKU)\nStreaming giant Roku has been on a roll in the past year, with its revenues and subscribers fueled by the pandemic. It gained an unbelievable 16.7 million new users during the pandemic and now has 53.6 million users. It is likely to achieve a record 65 million users by the conclusion of this year. With strong user monetization and active user growth, ROKU stock could potentially surge to new heights.\nLooking ahead, the company has multiple growth drivers which could push its stock price higher in the future. Its CTV ad segment, in particular, could pay a lot of dividends with the gradual shift from linear to CTV. Moreover, it continues to invest heavily in its content library, with its recent launch of Roku Originals and its acquisition of Saban Films. Hence, it has an incredible growth runway ahead and should continue posting strong top and bottom-line numbers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4087218051185710","authorId":"4087218051185710","name":"JCBL","avatar":"https://static.tigerbbs.com/d52754657c86fcbf3892ea1fec33f39d","crmLevel":5,"crmLevelSwitch":0,"idStr":"4087218051185710","authorIdStr":"4087218051185710"},"content":"wait till it splits!","text":"wait till it splits!","html":"wait till it splits!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122703134,"gmtCreate":1624631948828,"gmtModify":1703842316348,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"? stop manipulating us","listText":"? stop manipulating us","text":"? stop manipulating us","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122703134","repostId":"2146029074","repostType":2,"repost":{"id":"2146029074","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":1624629120,"share":"https://ttm.financial/m/news/2146029074?lang=&edition=fundamental","pubTime":"2021-06-25 21:52","market":"us","language":"en","title":"BlackBerry downgraded to sell from hold at Canaccord Genuity","url":"https://stock-news.laohu8.com/highlight/detail?id=2146029074","media":"Dow Jones","summary":"MW BlackBerry downgraded to sell from hold at Canaccord Genuity\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW BlackBerry downgraded to sell from hold at Canaccord Genuity\n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 25, 2021 09:52 ET (13:52 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BlackBerry downgraded to sell from hold at Canaccord Genuity</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\">\nBlackBerry downgraded to sell from hold at Canaccord Genuity\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\">2021-06-25 21:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW BlackBerry downgraded to sell from hold at Canaccord Genuity\n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 25, 2021 09:52 ET (13:52 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146029074","content_text":"MW BlackBerry downgraded to sell from hold at Canaccord Genuity\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 25, 2021 09:52 ET (13:52 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122700778,"gmtCreate":1624631903594,"gmtModify":1703842314399,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"YES NIO GOGO ????","listText":"YES NIO GOGO ????","text":"YES NIO GOGO ????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122700778","repostId":"1198714523","repostType":2,"repost":{"id":"1198714523","kind":"news","pubTimestamp":1624611463,"share":"https://ttm.financial/m/news/1198714523?lang=&edition=fundamental","pubTime":"2021-06-25 16:57","market":"us","language":"en","title":"NIO Still Has Significant Upside Potential","url":"https://stock-news.laohu8.com/highlight/detail?id=1198714523","media":"seekingalpha","summary":"Tesla’s valuation, however, is still 10x larger than NIO, which suggests there may be plenty of upside left. NIO could become in EVs what Alibaba is to Amazon in e-commerce.Still, one could argue that much if not all of those growth opportunities have been priced into the stock - which some havecalled the EV bubble. This, indeed, led me to review my position in NIO. Upon review, while there could certainly be downside, one could also argue that NIO is following a similar trajectory as Tesla .Tes","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO is already well over a 10-bagger.</li>\n <li>Tesla’s valuation, however, is still 10x larger than NIO, which suggests there may be plenty of upside left. NIO could become in EVs what Alibaba is to Amazon in e-commerce.</li>\n <li>There are many EV competitors, but NIO has a proven track record of growth and innovation with international expansion, ADAS, autonomous driving and ADaaS, and battery swapping and BaaS.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>NIO(NYSE:NIO)was far from the largest holding in my portfolio, but has grown well over 10x since the midst of its funding issues in late 2019. This was driven by a strong post-COVID-19 rebound and further growth of its EV sales. Further optionality was introduced with capacity expansion, the new, innovative BaaS business model, and potential international expansion to Europe.</p>\n<p>Still, one could argue that much if not all of those growth opportunities have been priced into the stock - which some havecalled the EV bubble. This, indeed, led me to review my position in NIO. Upon review, while there could certainly be downside, one could also argue that NIO is following a similar trajectory as Tesla (TSLA).</p>\n<p>Tesla stock had a similar success in 2020, which was capped off by its introduction in the S&amp;P 500. This arguably supports the view that EVs are, in fact, not a bubble. NIO, in that regard, should be regarded as the Chinese Tesla, and hence poised for further growth. China is also poised to become the silicon valley of EVs and also has supportive regulation towards autonomous driving.</p>\n<p>Nevertheless, there are many competitors in EVs, not the least in China as well (also from Tesla). However, NIO is still one of the leading start-ups positioned to capitalize on this opportunity, with its proven track record of innovation and growth.</p>\n<p><b>Automotive disruption</b></p>\n<p>The automotive industry is undergoing major changes. The first major trend is towards energy sustainability. This has fueled the growth of EVs. Secondly, there is a strong economic incentive towards autonomous driving (called the \"passenger economy\"), which will further revolutionize transportation.</p>\n<p>This means this industry is open for disruption. This is indeed already unfolding, as can be seen in the trajectory of Tesla through the last decade, as one of the hallmarks of this.</p>\n<p>Even though it is an old, capital intensive business, Tesla proves that investors are willing to pay up to be part of this revolution. As noted, Tesla capped this off by its S&amp;P 500 inclusion and 500k deliveries in 2020, with continued strong growth at scale into 2021.</p>\n<p>In short, even though it could be seen as an old business, there is a large, greenfield opportunity in the drive towards electric, autonomous transportation. Hence, to be leading this disruption requires innovation.</p>\n<p><b>NIO: Chinese Tesla</b></p>\n<p>This opportunity is arguably so large that there does not necessarily have to be a winner-takes-all. Automotive is such a large market that it could be likened to e-commerce, for example. Amazon (AMZN) has been one of the largest beneficiaries of this secular growth trend. However, there are many others who have achieved a large scale and valuation growth, including Alibaba (BABA) and MercadoLibre (MELI).</p>\n<p>To that end, NIO is positioned to become in EVs and AVs what Alibaba is to Amazon in e-commerce: the Chinese Tesla.</p>\n<p>NIO is a relatively young start-up, founded on the same premise of being a pure play EV automotive company, while also investing to be at forefront of ADAS and autonomous driving. It had a strong partnership with Mobileye. It was the first adopter of the former's EyeQ4 chip in 2018. NIO was also announced to be the first adopter of Mobileye's self-driving system, in 2022. This would likely be several years ahead of others, as Mobileye is targeting a 2025 introduction of (a broader introduction of) consumer AVs.</p>\n<p>It is, however, not entirely sure if (and perhaps even unlikely that) this Mobileye-powered autonomous vehicle will still launch, as going forward NIO is continuing with Nvidia (NVDA) hardware and developing its own software. In any case, NIO's timeline is unchanged, although it is not sure if NIO's own software will be as capable as Mobileye's. I previously covered this aspect of NIO here:NIO Stock: Autonomous Driving Too Good To Be True.</p>\n<p>In any case, NIO will bring another first to market with its Autonomous Driving-as-a-Service model or ADaaS. This will provide customer access to its autonomous driving capabilities through a monthly subscription.</p>\n<p>While there had been some funding issues and a slowdown in the midst of COVID-19, the image below shows that growth returned quickly. More recently, there have been issues due to the chip shortage, but those are obviously quite similar for the whole industry.</p>\n<p><img src=\"https://static.tigerbbs.com/1373049969409b7fa8a90c380b6204e0\" tg-width=\"570\" tg-height=\"368\" referrerpolicy=\"no-referrer\"></p>\n<p>NIO's track record of growth and innovation is further completed by its introduction of the BaaS business model and plans for international expansion to Europe in 2021.</p>\n<p>BaaS or Battery-as-a-Service means that the EV is bought without the battery, which reduces the upfront price. The battery is then acquired separately through a subscription. BaaS was introduced in the second half of 2020 and quickly achieved a significant uptake of ~40%. BaaS also further complements NIO's previous innovation of battery swapping.</p>\n<p>Hence, this shows NIO is a leading innovator in the Chinese EV market, while investing to also lead the second, autonomous inflection. This is also a major market, as China is targeting a 25% EV market share by 2025. It could quickly become the silicon valley of EVs and even AVs. NIO's international ambition further underlines its leading position.</p>\n<p><b>Valuation</b></p>\n<p>Some have called EVs a bubble. Both Tesla and NIO stock were on the order of a 10-bagger in 2020. In the comments below many articles, Tesla's valuation and deliveries are compared to the traditional OEMs. Supposedly this should show the large discrepancy in valuation.</p>\n<p>Nevertheless, arguably this is not a bubble as the transition to EVs and subsequently AVs marks a major inflection. This means it is a large, largely greenfield growth opportunity. Hence, investors are willing to pay for this growth by investing in the companies who are leading. Moreover, EVs and AVs are also much closer aligned to tech investing, where higher valuations are more common.</p>\n<p>This is, of course, in spite of automotive being notorious for its capital intensity. NIO for its part (partly) solves this by not producing its vehicles itself, but partnering for manufacturing.</p>\n<p>There are other examples in tech where those who are seen as growth companies are rewarded with incredible valuations. For example, Nvidia has achieved almost 2x the valuation of Intel (INTC), despite over 3x lower revenue. TSMC (TSM) has over 2x the valuation of Intel despite almost 2x lower revenue. Of course, Nvidia and TSMC are growing faster than Intel, but that proves the point that high growth is often rewarded with perhaps unrealistic valuations.</p>\n<p>With regards to NIO's valuation, it (still) has ~10x lower market cap than Tesla (to be precise, about 8x at the time of writing), but also ~10x lower deliveries. Hence, NIO's valuation is in line with its bigger peer.</p>\n<p>Nevertheless, as a smaller company, it is arguably NIO who that the largest relative growth prospects ahead. For example, Tesla investors who want to see substantial shareholder returns going forward have to bank on Tesla's goal to achieve 20M deliveries by 2030, which would be over a fifth of the total global vehicle market.</p>\n<p>If NIO for its part would be able to translate its innovation into continued, sustained growth, similar to Tesla, then there should be no reason for NIO to not continue to track the valuation of Tesla. This means NIO, indeed, may have another 10x upside or so if it closes the gap to Tesla in scale.</p>\n<p>From that view, NIO is lagging behind Tesla by multiple years, in both deliveries and market cap. The last comment could be as analogous to for examplePinterest(PINS), which is a company Iarguedwas lagging by several years to Facebook (FB).</p>\n<p><b>Risks</b></p>\n<p>Of course, there are major risks. Mainly, this thesis is based on two assumptions:</p>\n<ul>\n <li>Tesla and other EV/AV stocks will continue to grow and receive elevated valuations as these trends continue to unfold;</li>\n <li>NIO is best positioned to most closely track Tesla's business and stock performance.</li>\n</ul>\n<p>Any decrease in (relative) valuation could result in downside. For example, Tesla's ambition as laid out at its fall 2020 Battery Day event called for Tesla to achieve a scale of 20 million units by 2030. Hence, it is likely at least some part of that ambition for further growth is already priced into the stock.</p>\n<p>Needless to say, not every automotive or EV company will be able to achieve a scale of 20M units, as the global automotive market is below 100M units. There is both competition from traditional OEMs such as GM (GM) and Volkswagen, as well as other Chinese companiessuch as XPeng(XPEV).</p>\n<p>Additionally, although China seems to be one the largest markets for EVs in the near future, Tesla itself has already built its own Gigafactory in China, further increasing competition. Although the reverse is also partly true given NIO's own international expansion.</p>\n<p>The last risk for NIO growth it that is has expressed that it wants to remain a premium brand with relatively high ASPs (average selling prices). While this implies NIO could have above-average gross margins, it may nevertheless lower NIO's addressable market and hence potential future growth.</p>\n<p>Further, while NIO is heavily investing in autonomous driving and seems to be at the forefront of this next major inflection, it is ultimately reliant on third-party silicon vendors like Nvidia. This insight means pretty much by definition that AV technology may not remain a differentiated capability, as others will be able to buy the same off-the-shelf systems. Although as noted NIO is developing its own software, that itselfis also a riskgiven the difficulty in creating a scalable and reliable AV system.</p>\n<p>As described, though, NIO is a clear, leading innovator, and has achieved a strong brand value. This arguably makes it the strongest candidate to become the closest to a 'Chinese Tesla'.</p>\n<p><b>Takeaway</b></p>\n<p>In the last 18 months or so, there has been a major shift in investment sentiment around EV companies. Tesla has seen 10-bagger returns. So when evaluating NIO, after its own 10-bagger returns (or more), to a valuation closer to $100B than $10B, on the surface this may change the investment narrative.</p>\n<p>However, at least a portion of NIO's large shareholder returns was because of its financial issues, which it has overcome; NIO's valuation is not significantly different from Tesla, for one. Meanwhile, its still much lower scale arguably leaves much room for upside.</p>\n<p>NIO's stock is based on NIO's growth to capitalize on the two-fold disruption of EVs and AVs in the automotive industry. NIO already has a proven track record of growth and innovation with battery swap, ADAS, autonomous driving (although with some increased risks given its change of supplier), ADaaS, BaaS, and even international expansion.</p>\n<p>While far from every company will be able to achieve a similar scale as Tesla, NIO clearly remains positioned to be successful in this space, which represents a large, greenfield opportunity in both the Chinese and international push towards electric and autonomous driving.</p>\n<p>This means NIO's valuation is both the risk and the reward. The reward is that NIO could realistically still expand by another 10x if it continues to trade at a similar valuation as Tesla, while closing the gap in scale. I likened NIO to the Alibaba of EVs: the Chinese counterpart of Amazon in EVs. The risk is NIO's ability to execute and deliver on its growth opportunity, as well as (just as importantly) as Tesla's and other EV stocks' valuation not collapsing on changes in investor sentiment.</p>\n<p>The bottom line (since NIO's peak in February) is that the potential opportunity that still lies ahead slightly outweighs the risk.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Still Has Significant Upside Potential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Still Has Significant Upside Potential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 16:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436519-nio-still-has-upside-potential><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO is already well over a 10-bagger.\nTesla’s valuation, however, is still 10x larger than NIO, which suggests there may be plenty of upside left. NIO could become in EVs what Alibaba is to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436519-nio-still-has-upside-potential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436519-nio-still-has-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1198714523","content_text":"Summary\n\nNIO is already well over a 10-bagger.\nTesla’s valuation, however, is still 10x larger than NIO, which suggests there may be plenty of upside left. NIO could become in EVs what Alibaba is to Amazon in e-commerce.\nThere are many EV competitors, but NIO has a proven track record of growth and innovation with international expansion, ADAS, autonomous driving and ADaaS, and battery swapping and BaaS.\n\nInvestment Thesis\nNIO(NYSE:NIO)was far from the largest holding in my portfolio, but has grown well over 10x since the midst of its funding issues in late 2019. This was driven by a strong post-COVID-19 rebound and further growth of its EV sales. Further optionality was introduced with capacity expansion, the new, innovative BaaS business model, and potential international expansion to Europe.\nStill, one could argue that much if not all of those growth opportunities have been priced into the stock - which some havecalled the EV bubble. This, indeed, led me to review my position in NIO. Upon review, while there could certainly be downside, one could also argue that NIO is following a similar trajectory as Tesla (TSLA).\nTesla stock had a similar success in 2020, which was capped off by its introduction in the S&P 500. This arguably supports the view that EVs are, in fact, not a bubble. NIO, in that regard, should be regarded as the Chinese Tesla, and hence poised for further growth. China is also poised to become the silicon valley of EVs and also has supportive regulation towards autonomous driving.\nNevertheless, there are many competitors in EVs, not the least in China as well (also from Tesla). However, NIO is still one of the leading start-ups positioned to capitalize on this opportunity, with its proven track record of innovation and growth.\nAutomotive disruption\nThe automotive industry is undergoing major changes. The first major trend is towards energy sustainability. This has fueled the growth of EVs. Secondly, there is a strong economic incentive towards autonomous driving (called the \"passenger economy\"), which will further revolutionize transportation.\nThis means this industry is open for disruption. This is indeed already unfolding, as can be seen in the trajectory of Tesla through the last decade, as one of the hallmarks of this.\nEven though it is an old, capital intensive business, Tesla proves that investors are willing to pay up to be part of this revolution. As noted, Tesla capped this off by its S&P 500 inclusion and 500k deliveries in 2020, with continued strong growth at scale into 2021.\nIn short, even though it could be seen as an old business, there is a large, greenfield opportunity in the drive towards electric, autonomous transportation. Hence, to be leading this disruption requires innovation.\nNIO: Chinese Tesla\nThis opportunity is arguably so large that there does not necessarily have to be a winner-takes-all. Automotive is such a large market that it could be likened to e-commerce, for example. Amazon (AMZN) has been one of the largest beneficiaries of this secular growth trend. However, there are many others who have achieved a large scale and valuation growth, including Alibaba (BABA) and MercadoLibre (MELI).\nTo that end, NIO is positioned to become in EVs and AVs what Alibaba is to Amazon in e-commerce: the Chinese Tesla.\nNIO is a relatively young start-up, founded on the same premise of being a pure play EV automotive company, while also investing to be at forefront of ADAS and autonomous driving. It had a strong partnership with Mobileye. It was the first adopter of the former's EyeQ4 chip in 2018. NIO was also announced to be the first adopter of Mobileye's self-driving system, in 2022. This would likely be several years ahead of others, as Mobileye is targeting a 2025 introduction of (a broader introduction of) consumer AVs.\nIt is, however, not entirely sure if (and perhaps even unlikely that) this Mobileye-powered autonomous vehicle will still launch, as going forward NIO is continuing with Nvidia (NVDA) hardware and developing its own software. In any case, NIO's timeline is unchanged, although it is not sure if NIO's own software will be as capable as Mobileye's. I previously covered this aspect of NIO here:NIO Stock: Autonomous Driving Too Good To Be True.\nIn any case, NIO will bring another first to market with its Autonomous Driving-as-a-Service model or ADaaS. This will provide customer access to its autonomous driving capabilities through a monthly subscription.\nWhile there had been some funding issues and a slowdown in the midst of COVID-19, the image below shows that growth returned quickly. More recently, there have been issues due to the chip shortage, but those are obviously quite similar for the whole industry.\n\nNIO's track record of growth and innovation is further completed by its introduction of the BaaS business model and plans for international expansion to Europe in 2021.\nBaaS or Battery-as-a-Service means that the EV is bought without the battery, which reduces the upfront price. The battery is then acquired separately through a subscription. BaaS was introduced in the second half of 2020 and quickly achieved a significant uptake of ~40%. BaaS also further complements NIO's previous innovation of battery swapping.\nHence, this shows NIO is a leading innovator in the Chinese EV market, while investing to also lead the second, autonomous inflection. This is also a major market, as China is targeting a 25% EV market share by 2025. It could quickly become the silicon valley of EVs and even AVs. NIO's international ambition further underlines its leading position.\nValuation\nSome have called EVs a bubble. Both Tesla and NIO stock were on the order of a 10-bagger in 2020. In the comments below many articles, Tesla's valuation and deliveries are compared to the traditional OEMs. Supposedly this should show the large discrepancy in valuation.\nNevertheless, arguably this is not a bubble as the transition to EVs and subsequently AVs marks a major inflection. This means it is a large, largely greenfield growth opportunity. Hence, investors are willing to pay for this growth by investing in the companies who are leading. Moreover, EVs and AVs are also much closer aligned to tech investing, where higher valuations are more common.\nThis is, of course, in spite of automotive being notorious for its capital intensity. NIO for its part (partly) solves this by not producing its vehicles itself, but partnering for manufacturing.\nThere are other examples in tech where those who are seen as growth companies are rewarded with incredible valuations. For example, Nvidia has achieved almost 2x the valuation of Intel (INTC), despite over 3x lower revenue. TSMC (TSM) has over 2x the valuation of Intel despite almost 2x lower revenue. Of course, Nvidia and TSMC are growing faster than Intel, but that proves the point that high growth is often rewarded with perhaps unrealistic valuations.\nWith regards to NIO's valuation, it (still) has ~10x lower market cap than Tesla (to be precise, about 8x at the time of writing), but also ~10x lower deliveries. Hence, NIO's valuation is in line with its bigger peer.\nNevertheless, as a smaller company, it is arguably NIO who that the largest relative growth prospects ahead. For example, Tesla investors who want to see substantial shareholder returns going forward have to bank on Tesla's goal to achieve 20M deliveries by 2030, which would be over a fifth of the total global vehicle market.\nIf NIO for its part would be able to translate its innovation into continued, sustained growth, similar to Tesla, then there should be no reason for NIO to not continue to track the valuation of Tesla. This means NIO, indeed, may have another 10x upside or so if it closes the gap to Tesla in scale.\nFrom that view, NIO is lagging behind Tesla by multiple years, in both deliveries and market cap. The last comment could be as analogous to for examplePinterest(PINS), which is a company Iarguedwas lagging by several years to Facebook (FB).\nRisks\nOf course, there are major risks. Mainly, this thesis is based on two assumptions:\n\nTesla and other EV/AV stocks will continue to grow and receive elevated valuations as these trends continue to unfold;\nNIO is best positioned to most closely track Tesla's business and stock performance.\n\nAny decrease in (relative) valuation could result in downside. For example, Tesla's ambition as laid out at its fall 2020 Battery Day event called for Tesla to achieve a scale of 20 million units by 2030. Hence, it is likely at least some part of that ambition for further growth is already priced into the stock.\nNeedless to say, not every automotive or EV company will be able to achieve a scale of 20M units, as the global automotive market is below 100M units. There is both competition from traditional OEMs such as GM (GM) and Volkswagen, as well as other Chinese companiessuch as XPeng(XPEV).\nAdditionally, although China seems to be one the largest markets for EVs in the near future, Tesla itself has already built its own Gigafactory in China, further increasing competition. Although the reverse is also partly true given NIO's own international expansion.\nThe last risk for NIO growth it that is has expressed that it wants to remain a premium brand with relatively high ASPs (average selling prices). While this implies NIO could have above-average gross margins, it may nevertheless lower NIO's addressable market and hence potential future growth.\nFurther, while NIO is heavily investing in autonomous driving and seems to be at the forefront of this next major inflection, it is ultimately reliant on third-party silicon vendors like Nvidia. This insight means pretty much by definition that AV technology may not remain a differentiated capability, as others will be able to buy the same off-the-shelf systems. Although as noted NIO is developing its own software, that itselfis also a riskgiven the difficulty in creating a scalable and reliable AV system.\nAs described, though, NIO is a clear, leading innovator, and has achieved a strong brand value. This arguably makes it the strongest candidate to become the closest to a 'Chinese Tesla'.\nTakeaway\nIn the last 18 months or so, there has been a major shift in investment sentiment around EV companies. Tesla has seen 10-bagger returns. So when evaluating NIO, after its own 10-bagger returns (or more), to a valuation closer to $100B than $10B, on the surface this may change the investment narrative.\nHowever, at least a portion of NIO's large shareholder returns was because of its financial issues, which it has overcome; NIO's valuation is not significantly different from Tesla, for one. Meanwhile, its still much lower scale arguably leaves much room for upside.\nNIO's stock is based on NIO's growth to capitalize on the two-fold disruption of EVs and AVs in the automotive industry. NIO already has a proven track record of growth and innovation with battery swap, ADAS, autonomous driving (although with some increased risks given its change of supplier), ADaaS, BaaS, and even international expansion.\nWhile far from every company will be able to achieve a similar scale as Tesla, NIO clearly remains positioned to be successful in this space, which represents a large, greenfield opportunity in both the Chinese and international push towards electric and autonomous driving.\nThis means NIO's valuation is both the risk and the reward. The reward is that NIO could realistically still expand by another 10x if it continues to trade at a similar valuation as Tesla, while closing the gap in scale. I likened NIO to the Alibaba of EVs: the Chinese counterpart of Amazon in EVs. The risk is NIO's ability to execute and deliver on its growth opportunity, as well as (just as importantly) as Tesla's and other EV stocks' valuation not collapsing on changes in investor sentiment.\nThe bottom line (since NIO's peak in February) is that the potential opportunity that still lies ahead slightly outweighs the risk.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128297421,"gmtCreate":1624517410963,"gmtModify":1703839082514,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>In the red zone but I’m HODLING ??????","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>In the red zone but I’m HODLING ??????","text":"$BlackBerry(BB)$In the red zone but I’m HODLING ??????","images":[{"img":"https://static.tigerbbs.com/0cbeff4c89df52422af352977a28bfd5","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128297421","isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":128295313,"gmtCreate":1624517285732,"gmtModify":1703839079233,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"BB ????","listText":"BB ????","text":"BB ????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128295313","repostId":"1145579248","repostType":2,"repost":{"id":"1145579248","kind":"news","pubTimestamp":1624494904,"share":"https://ttm.financial/m/news/1145579248?lang=&edition=fundamental","pubTime":"2021-06-24 08:35","market":"us","language":"en","title":"BlackBerry Holders Defy Glass Lewis, Gardner to Back Watsa","url":"https://stock-news.laohu8.com/highlight/detail?id=1145579248","media":"Bloomberg","summary":"(Bloomberg) -- BlackBerry Ltd. shareholders voted to keep Prem Watsa as lead director, despite compl","content":"<p>(Bloomberg) -- BlackBerry Ltd. shareholders voted to keep Prem Watsa as lead director, despite complaints from a proxy advisory firm and a prominent investor that he failed to ensure the company’s executive pay is aligned with its performance.</p>\n<p>Shareholders at Wednesday’s annual meeting voted 82.6% in support of re-electing Watsa to the seat he’s held since 2013. Last year, Watsa won 90% of shareholder votes.</p>\n<p>Leading into the meeting, Watsa faced criticism from Glass Lewis &amp; Co. and veteran analyst Dorsey Gardner, both of whom urged shareholders to withhold their support.</p>\n<p>Glass Lewis criticized Watsa for a misalignment between executive pay and performance in recent years, while Gardner emphasized conflicts of interest between Watsa’s board duties and his position as a shareholder -- he controls Fairfax Financial Holdings Ltd., BlackBerry’s largest investor.</p>\n<p>Shareholders also backed BlackBerry’s compensation plan in a “say on pay” vote, though the approval rate was below expectations, a company official said during the online meeting.</p>\n<p>BlackBerry shares have gone up 98% in U.S. trading this year, fueled in part by Reddit forums and social media channels. Fairfax has benefited from the meme-stock mania through its 8% equity stake and its holdings of convertible debt.</p>\n<p>Chief Executive Officer John Chen earned $3 million in salary and bonus for the fiscal year ended Feb. 28, but was granted a $106 million equity award in 2019, according to company filings. BlackBerry President Tom Eacobacci was given an $8 million equity award for fiscal 2021.</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>BlackBerry Holders Defy Glass Lewis, Gardner to Back Watsa</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\">\nBlackBerry Holders Defy Glass Lewis, Gardner to Back Watsa\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 08:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blackberry-holders-defy-glass-lewis-173539380.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- BlackBerry Ltd. shareholders voted to keep Prem Watsa as lead director, despite complaints from a proxy advisory firm and a prominent investor that he failed to ensure the company’s ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blackberry-holders-defy-glass-lewis-173539380.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://finance.yahoo.com/news/blackberry-holders-defy-glass-lewis-173539380.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145579248","content_text":"(Bloomberg) -- BlackBerry Ltd. shareholders voted to keep Prem Watsa as lead director, despite complaints from a proxy advisory firm and a prominent investor that he failed to ensure the company’s executive pay is aligned with its performance.\nShareholders at Wednesday’s annual meeting voted 82.6% in support of re-electing Watsa to the seat he’s held since 2013. Last year, Watsa won 90% of shareholder votes.\nLeading into the meeting, Watsa faced criticism from Glass Lewis & Co. and veteran analyst Dorsey Gardner, both of whom urged shareholders to withhold their support.\nGlass Lewis criticized Watsa for a misalignment between executive pay and performance in recent years, while Gardner emphasized conflicts of interest between Watsa’s board duties and his position as a shareholder -- he controls Fairfax Financial Holdings Ltd., BlackBerry’s largest investor.\nShareholders also backed BlackBerry’s compensation plan in a “say on pay” vote, though the approval rate was below expectations, a company official said during the online meeting.\nBlackBerry shares have gone up 98% in U.S. trading this year, fueled in part by Reddit forums and social media channels. Fairfax has benefited from the meme-stock mania through its 8% equity stake and its holdings of convertible debt.\nChief Executive Officer John Chen earned $3 million in salary and bonus for the fiscal year ended Feb. 28, but was granted a $106 million equity award in 2019, according to company filings. BlackBerry President Tom Eacobacci was given an $8 million equity award for fiscal 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128292737,"gmtCreate":1624517248029,"gmtModify":1703839079069,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Time to buy?","listText":"Time to buy?","text":"Time to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128292737","repostId":"2145174380","repostType":2,"repost":{"id":"2145174380","kind":"highlight","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":1624514927,"share":"https://ttm.financial/m/news/2145174380?lang=&edition=fundamental","pubTime":"2021-06-24 14:08","market":"us","language":"en","title":"Afterpay's move to open to major U.S. merchants will boost margins, analysts say","url":"https://stock-news.laohu8.com/highlight/detail?id=2145174380","media":"Reuters","summary":"* Afterpay shares rise as much as 7.7%    * Analysts see higher margins from expansion to major U.S.","content":"<html><body><p>* Afterpay shares rise as much as 7.7% </p><p>   * Analysts see higher margins from expansion to major U.S. merchants </p><p>   * Citi expects Quadpay to be negatively impacted by Afterpay move</p><p>    June 24 (Reuters) - Afterpay's    move to expand its buy now, pay later service to major U.S. merchants it has not directly partnered with will boost sales and margins, analysts said on Thursday, as the Australian company's shares rose nearly 8%.</p><p>   The company will allow all users in the United States to shop at major 13 retailers, including Amazon   , by this fall, just ahead of the crucial holiday shopping season, intensifying competition in the sector's biggest market.</p><p>   \"This functionality will be materially incremental to volume and frequency over time in the U.S.,\" said Tim Piper, an analyst at RBC Capital Markets.</p><p>   Analysts also said that Afterpay's revenue and margins would get a boost from the move, with fees and interchange revenue likely to reach 7% of the transaction, compared with the 4% fee it charges merchants currently. </p><p>   \"Further, given the non-network merchants can only be accessed through the app, it increases consumers' engagement with the Afterpay app which in our view could unlock further monetisatiion opportunities in the future,\" Citi analysts wrote in a note.</p><p>   The company's shares were trading around A$132.4 on Thursday, outperforming their peers.</p><p>   Competition, however, is tight in the United States where BNPL firms, including Sweden's Klarna, <a href=\"https://laohu8.com/S/Z1P.AU\">Zip</a> Co Ltd's    Quadpa, and Afterpay, are squaring off against larger financial firms such as <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings   .</p><p>   Quadpay will likely bear the brunt of Afterpay's move as customer retention improves, Citi said. </p><p> (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Aditya Soni)</p><p>((NikhilKurian.Nainan@thomsonreuters.com; <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>: @NikhilKurianN; +91 806 182 2724;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Afterpay's move to open to major U.S. merchants will boost margins, analysts say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfterpay's move to open to major U.S. merchants will boost margins, analysts say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-24 14:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Afterpay shares rise as much as 7.7% </p><p>   * Analysts see higher margins from expansion to major U.S. merchants </p><p>   * Citi expects Quadpay to be negatively impacted by Afterpay move</p><p>    June 24 (Reuters) - Afterpay's    move to expand its buy now, pay later service to major U.S. merchants it has not directly partnered with will boost sales and margins, analysts said on Thursday, as the Australian company's shares rose nearly 8%.</p><p>   The company will allow all users in the United States to shop at major 13 retailers, including Amazon   , by this fall, just ahead of the crucial holiday shopping season, intensifying competition in the sector's biggest market.</p><p>   \"This functionality will be materially incremental to volume and frequency over time in the U.S.,\" said Tim Piper, an analyst at RBC Capital Markets.</p><p>   Analysts also said that Afterpay's revenue and margins would get a boost from the move, with fees and interchange revenue likely to reach 7% of the transaction, compared with the 4% fee it charges merchants currently. </p><p>   \"Further, given the non-network merchants can only be accessed through the app, it increases consumers' engagement with the Afterpay app which in our view could unlock further monetisatiion opportunities in the future,\" Citi analysts wrote in a note.</p><p>   The company's shares were trading around A$132.4 on Thursday, outperforming their peers.</p><p>   Competition, however, is tight in the United States where BNPL firms, including Sweden's Klarna, <a href=\"https://laohu8.com/S/Z1P.AU\">Zip</a> Co Ltd's    Quadpa, and Afterpay, are squaring off against larger financial firms such as <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings   .</p><p>   Quadpay will likely bear the brunt of Afterpay's move as customer retention improves, Citi said. </p><p> (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Aditya Soni)</p><p>((NikhilKurian.Nainan@thomsonreuters.com; <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>: @NikhilKurianN; +91 806 182 2724;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APT.AU":"Afterpay Touch","QNETCN":"纳斯达克中美互联网老虎指数","09086":"华夏纳指-U","AMZN":"亚马逊","03086":"华夏纳指"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145174380","content_text":"* Afterpay shares rise as much as 7.7%    * Analysts see higher margins from expansion to major U.S. merchants    * Citi expects Quadpay to be negatively impacted by Afterpay move    June 24 (Reuters) - Afterpay's    move to expand its buy now, pay later service to major U.S. merchants it has not directly partnered with will boost sales and margins, analysts said on Thursday, as the Australian company's shares rose nearly 8%.   The company will allow all users in the United States to shop at major 13 retailers, including Amazon   , by this fall, just ahead of the crucial holiday shopping season, intensifying competition in the sector's biggest market.   \"This functionality will be materially incremental to volume and frequency over time in the U.S.,\" said Tim Piper, an analyst at RBC Capital Markets.   Analysts also said that Afterpay's revenue and margins would get a boost from the move, with fees and interchange revenue likely to reach 7% of the transaction, compared with the 4% fee it charges merchants currently.    \"Further, given the non-network merchants can only be accessed through the app, it increases consumers' engagement with the Afterpay app which in our view could unlock further monetisatiion opportunities in the future,\" Citi analysts wrote in a note.   The company's shares were trading around A$132.4 on Thursday, outperforming their peers.   Competition, however, is tight in the United States where BNPL firms, including Sweden's Klarna, Zip Co Ltd's    Quadpa, and Afterpay, are squaring off against larger financial firms such as PayPal Holdings   .   Quadpay will likely bear the brunt of Afterpay's move as customer retention improves, Citi said.  (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Aditya Soni)((NikhilKurian.Nainan@thomsonreuters.com; Twitter: @NikhilKurianN; +91 806 182 2724;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":112185188,"gmtCreate":1622855946144,"gmtModify":1704192460840,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>HODL TO THE MOON???","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>HODL TO THE MOON???","text":"$AMC Entertainment(AMC)$HODL TO THE MOON???","images":[{"img":"https://static.tigerbbs.com/1217775fa8e1c2be573beb95a9005c92","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/112185188","isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":128292431,"gmtCreate":1624517231623,"gmtModify":1703839078581,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Apple&nbsp;working on many big projects&nbsp;","listText":"Apple&nbsp;working on many big projects&nbsp;","text":"Apple working on many big projects","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/128292431","repostId":"1147933628","repostType":2,"repost":{"id":"1147933628","kind":"news","pubTimestamp":1624517042,"share":"https://ttm.financial/m/news/1147933628?lang=&edition=fundamental","pubTime":"2021-06-24 14:44","market":"us","language":"en","title":"Apple Working On A 'Journalism Project' With New York Magazine","url":"https://stock-news.laohu8.com/highlight/detail?id=1147933628","media":"Benzinga","summary":"Apple Inc is working with New York Magazine in a journalism project with connections to Apple News, ","content":"<p><b>Apple Inc</b>&nbsp;is working with New York Magazine in a journalism project with connections to Apple News, David Hasell, the Editor-in-Chief of New York Magazine revealed in a WWDinterviewthis week.</p>\n<p><b>What Happened:</b>Hasell was asked if Apple News helped the magazine’s focus on subscriptions even though it did not help the&nbsp;<b>New York Times Co</b>.</p>\n<p>“We’re working with Apple right now on a journalism project together and that has unlocked some opportunities for us,” said Hasell.</p>\n<p>“It seems to be fairly consistent with the larger strategy of thinking about this place as a subscription business, but I don’t think Apple News has been a game changer for us.”</p>\n<p>Apple Shares closed 0.21% lower at $133.70 in the regular session on Wednesday.</p>\n<p><b>Why It Matters:</b>This month, it was&nbsp;reported&nbsp;that the German competition authority has begun an investigation into Apple rival and&nbsp;<b>Alphabet Inc</b>&nbsp;subsidiary Google’s News Showcase platform.</p>\n<p>The inquiry’s mandate is to ensure there is no discrimination between individual publishers.</p>\n<p>Earlier this year, Google threatened todeprive Australians of its search engineif the government went ahead with implementing a law that would have forced it to pay local media for content.</p>\n<p>The search engine giant later rolled out itsNews Showcase Platformin Australia in an effort to bypass the law.</p>","source":"lsy1606299360108","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 Working On A 'Journalism Project' With New York Magazine</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Working On A 'Journalism Project' With New York Magazine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 14:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21697256/apple-working-on-a-journalism-project-with-new-york-magazine><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple Inc is working with New York Magazine in a journalism project with connections to Apple News, David Hasell, the Editor-in-Chief of New York Magazine revealed in a WWDinterviewthis week.\nWhat ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21697256/apple-working-on-a-journalism-project-with-new-york-magazine\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NYT":"纽约时报","AAPL":"苹果"},"source_url":"https://www.benzinga.com/news/21/06/21697256/apple-working-on-a-journalism-project-with-new-york-magazine","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147933628","content_text":"Apple Inc is working with New York Magazine in a journalism project with connections to Apple News, David Hasell, the Editor-in-Chief of New York Magazine revealed in a WWDinterviewthis week.\nWhat Happened:Hasell was asked if Apple News helped the magazine’s focus on subscriptions even though it did not help the New York Times Co.\n“We’re working with Apple right now on a journalism project together and that has unlocked some opportunities for us,” said Hasell.\n“It seems to be fairly consistent with the larger strategy of thinking about this place as a subscription business, but I don’t think Apple News has been a game changer for us.”\nApple Shares closed 0.21% lower at $133.70 in the regular session on Wednesday.\nWhy It Matters:This month, it was reported that the German competition authority has begun an investigation into Apple rival and Alphabet Inc subsidiary Google’s News Showcase platform.\nThe inquiry’s mandate is to ensure there is no discrimination between individual publishers.\nEarlier this year, Google threatened todeprive Australians of its search engineif the government went ahead with implementing a law that would have forced it to pay local media for content.\nThe search engine giant later rolled out itsNews Showcase Platformin Australia in an effort to bypass the law.","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118126606,"gmtCreate":1622724546205,"gmtModify":1704189777043,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"just a curiosity!&nbsp;if its fake news, why is there a dip in premarket price?","listText":"just a curiosity!&nbsp;if its fake news, why is there a dip in premarket price?","text":"just a curiosity! if its fake news, why is there a dip in premarket price?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/118126606","repostId":"2140542610","repostType":4,"repost":{"id":"2140542610","kind":"live","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622718376,"share":"https://ttm.financial/m/news/2140542610?lang=&edition=fundamental","pubTime":"2021-06-03 19:06","market":"us","language":"en","title":"AMC Entertainment Holdings Files To Sell Up To 11.55Mln Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2140542610","media":"Tiger Newspress","summary":"AMC tumbles 10% after new stock sale announcement, wipes out 20% premarket rally.AMC Entertainment s","content":"<p>AMC tumbles 10% after new stock sale announcement, wipes out 20% premarket rally.</p><p><img src=\"https://static.tigerbbs.com/df04643ab4f4847afdb5d9d3285e25fa\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p>AMC Entertainment&nbsp;shares erased a 20% rally and plunged double digits in premarket trading on Thursday following a stock sale announcement.</p><p>The meme stock last traded down 10% after soaring more than 20% earlier Thursday before markets opened.</p><p>AMC said in a regulatory filing that it may offer and sell from time to time up to an aggregate of 11.55 million shares of its Class&nbsp;A common stock.</p><p>The move comes after AMC&nbsp;soared 95% in the regular trading session&nbsp;Wednesday to close at an all-time high of $62.55. Its previous closing record of $35.86 was reached in 2015, according to FactSet data.</p><p>AMC’s stock spiked as it hit an intraday high of $72.62, well above its previous intraday record of $36.72.</p><p>In a similar occurrence seen in January with the meme stocks like GameStop, defiant short-sellers have increased their bets against AMC shares over the last month, possibly fueling the move higher. About 18% of the AMC shares available for trading are still sold short through Wednesday, according to S3 Partners.</p><p>On Wednesday, short-sellers lost $2.8 billion as the stock surged, according to S3. That brings their year-to-date losses to more than $5 billion, according to S3.</p><p>Short sellers like hedge funds borrow the stock from an investment bank and sell it in the hopes of buying it back at a lower price and returning the shares, pocketing the difference. However, when a stock surges higher, a so-called short squeeze can occur where investors are forced to buy back the stock to cut their losses.</p><p>Trading was halted several times Wednesday as shares were up more than 100% at one point. At the end of the day, more than 710 million shares exchanged hands. That’s nearly double the number of AMC’s shares outstanding. The company’s 30-day average volume is just 143 million shares.</p><p>Retail investors — many active on Reddit’s WallStreetBets forum — led the AMC rally, and AMC executives have taken note. On Wednesday, the company announced a&nbsp;new portal to connect with individual investors&nbsp;and offered free popcorn, exclusive screenings and other perks to those who hold its stock.</p><p>JPMorgan noted that in the last week, retail order flow into AMC jumped to $583 million, 6.9 standard deviations above the average level of the last one year. According to their quantitative strategy, this kind of imbalance can lead to more outperformance by the stock in coming weeks.</p><p>AMC shares are up 2850% so far this year, bringing its market capitalization to more than $31 billion. That makes it worth more than stocks like Delta Air Lines, State Street and Best Buy.</p><p>Wednesday’s wild trading activity comes even after an investment firm reportedly sold off its stake in the company. On Tuesday, AMC revealed it&nbsp;sold 8.5 million newly issued shares to Mudrick Capital, the latest in a series of capital raises for the stock. The hedge fund later&nbsp;sold all of its AMC stock for a profitthat same day, according to&nbsp;Bloomberg News.</p><p>Most Wall Street analysts believe AMC shares will plummet eventually. The average 12-month target price of analysts is $5.11, according to FactSet.</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>AMC Entertainment Holdings Files To Sell Up To 11.55Mln Shares</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 Entertainment Holdings Files To Sell Up To 11.55Mln Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-03 19:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AMC tumbles 10% after new stock sale announcement, wipes out 20% premarket rally.</p><p><img src=\"https://static.tigerbbs.com/df04643ab4f4847afdb5d9d3285e25fa\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p>AMC Entertainment&nbsp;shares erased a 20% rally and plunged double digits in premarket trading on Thursday following a stock sale announcement.</p><p>The meme stock last traded down 10% after soaring more than 20% earlier Thursday before markets opened.</p><p>AMC said in a regulatory filing that it may offer and sell from time to time up to an aggregate of 11.55 million shares of its Class&nbsp;A common stock.</p><p>The move comes after AMC&nbsp;soared 95% in the regular trading session&nbsp;Wednesday to close at an all-time high of $62.55. Its previous closing record of $35.86 was reached in 2015, according to FactSet data.</p><p>AMC’s stock spiked as it hit an intraday high of $72.62, well above its previous intraday record of $36.72.</p><p>In a similar occurrence seen in January with the meme stocks like GameStop, defiant short-sellers have increased their bets against AMC shares over the last month, possibly fueling the move higher. About 18% of the AMC shares available for trading are still sold short through Wednesday, according to S3 Partners.</p><p>On Wednesday, short-sellers lost $2.8 billion as the stock surged, according to S3. That brings their year-to-date losses to more than $5 billion, according to S3.</p><p>Short sellers like hedge funds borrow the stock from an investment bank and sell it in the hopes of buying it back at a lower price and returning the shares, pocketing the difference. However, when a stock surges higher, a so-called short squeeze can occur where investors are forced to buy back the stock to cut their losses.</p><p>Trading was halted several times Wednesday as shares were up more than 100% at one point. At the end of the day, more than 710 million shares exchanged hands. That’s nearly double the number of AMC’s shares outstanding. The company’s 30-day average volume is just 143 million shares.</p><p>Retail investors — many active on Reddit’s WallStreetBets forum — led the AMC rally, and AMC executives have taken note. On Wednesday, the company announced a&nbsp;new portal to connect with individual investors&nbsp;and offered free popcorn, exclusive screenings and other perks to those who hold its stock.</p><p>JPMorgan noted that in the last week, retail order flow into AMC jumped to $583 million, 6.9 standard deviations above the average level of the last one year. According to their quantitative strategy, this kind of imbalance can lead to more outperformance by the stock in coming weeks.</p><p>AMC shares are up 2850% so far this year, bringing its market capitalization to more than $31 billion. That makes it worth more than stocks like Delta Air Lines, State Street and Best Buy.</p><p>Wednesday’s wild trading activity comes even after an investment firm reportedly sold off its stake in the company. On Tuesday, AMC revealed it&nbsp;sold 8.5 million newly issued shares to Mudrick Capital, the latest in a series of capital raises for the stock. The hedge fund later&nbsp;sold all of its AMC stock for a profitthat same day, according to&nbsp;Bloomberg News.</p><p>Most Wall Street analysts believe AMC shares will plummet eventually. The average 12-month target price of analysts is $5.11, according to FactSet.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140542610","content_text":"AMC tumbles 10% after new stock sale announcement, wipes out 20% premarket rally.AMC Entertainment shares erased a 20% rally and plunged double digits in premarket trading on Thursday following a stock sale announcement.The meme stock last traded down 10% after soaring more than 20% earlier Thursday before markets opened.AMC said in a regulatory filing that it may offer and sell from time to time up to an aggregate of 11.55 million shares of its Class A common stock.The move comes after AMC soared 95% in the regular trading session Wednesday to close at an all-time high of $62.55. Its previous closing record of $35.86 was reached in 2015, according to FactSet data.AMC’s stock spiked as it hit an intraday high of $72.62, well above its previous intraday record of $36.72.In a similar occurrence seen in January with the meme stocks like GameStop, defiant short-sellers have increased their bets against AMC shares over the last month, possibly fueling the move higher. About 18% of the AMC shares available for trading are still sold short through Wednesday, according to S3 Partners.On Wednesday, short-sellers lost $2.8 billion as the stock surged, according to S3. That brings their year-to-date losses to more than $5 billion, according to S3.Short sellers like hedge funds borrow the stock from an investment bank and sell it in the hopes of buying it back at a lower price and returning the shares, pocketing the difference. However, when a stock surges higher, a so-called short squeeze can occur where investors are forced to buy back the stock to cut their losses.Trading was halted several times Wednesday as shares were up more than 100% at one point. At the end of the day, more than 710 million shares exchanged hands. That’s nearly double the number of AMC’s shares outstanding. The company’s 30-day average volume is just 143 million shares.Retail investors — many active on Reddit’s WallStreetBets forum — led the AMC rally, and AMC executives have taken note. On Wednesday, the company announced a new portal to connect with individual investors and offered free popcorn, exclusive screenings and other perks to those who hold its stock.JPMorgan noted that in the last week, retail order flow into AMC jumped to $583 million, 6.9 standard deviations above the average level of the last one year. According to their quantitative strategy, this kind of imbalance can lead to more outperformance by the stock in coming weeks.AMC shares are up 2850% so far this year, bringing its market capitalization to more than $31 billion. That makes it worth more than stocks like Delta Air Lines, State Street and Best Buy.Wednesday’s wild trading activity comes even after an investment firm reportedly sold off its stake in the company. On Tuesday, AMC revealed it sold 8.5 million newly issued shares to Mudrick Capital, the latest in a series of capital raises for the stock. The hedge fund later sold all of its AMC stock for a profitthat same day, according to Bloomberg News.Most Wall Street analysts believe AMC shares will plummet eventually. The average 12-month target price of analysts is $5.11, according to FactSet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576618322167473","authorId":"3576618322167473","name":"Xmplify","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"idStr":"3576618322167473","authorIdStr":"3576618322167473"},"content":"Short attack tgt with fake news. look at amount of short shares left, started with 1.4m and now almost none","text":"Short attack tgt with fake news. look at amount of short shares left, started with 1.4m and now almost none","html":"Short attack tgt with fake news. look at amount of short shares left, started with 1.4m and now almost none"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162466352,"gmtCreate":1624071822876,"gmtModify":1703828210057,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"they tryna get us but no I aint selling","listText":"they tryna get us but no I aint selling","text":"they tryna get us but no I aint selling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/162466352","repostId":"1166679093","repostType":2,"repost":{"id":"1166679093","kind":"news","pubTimestamp":1624065234,"share":"https://ttm.financial/m/news/1166679093?lang=&edition=fundamental","pubTime":"2021-06-19 09:13","market":"us","language":"en","title":"3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166679093","media":"fool","summary":"Meme stocks have been all the rage so far this year. That's understandable, with several of them del","content":"<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.</p>\n<p>However, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.</p>\n<p>AMC Entertainment</p>\n<p><b>AMC Entertainment</b>(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.</p>\n<p>The consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.</p>\n<p>But isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.</p>\n<p>However, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.</p>\n<p>Clover Health Investments</p>\n<p>Only a few days ago, it looked like&nbsp;<b>Clover Health Investments</b>(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.</p>\n<p>Since the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.</p>\n<p>Clover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.</p>\n<p>Still, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.</p>\n<p>Sundial Growers</p>\n<p>At one point earlier this year,&nbsp;<b>Sundial Growers</b>(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.</p>\n<p>Analysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.</p>\n<p>There certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.</p>\n<p>Sundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.</p>\n<p>However, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the&nbsp;<b>Nasdaq</b>&nbsp;stock exchange.</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>3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%</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\">\n3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc.","CLOV":"Clover Health Corp","AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166679093","content_text":"Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.\nAMC Entertainment\nAMC Entertainment(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.\nThe consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.\nBut isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.\nHowever, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.\nClover Health Investments\nOnly a few days ago, it looked like Clover Health Investments(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.\nSince the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.\nClover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.\nStill, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.\nSundial Growers\nAt one point earlier this year, Sundial Growers(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.\nAnalysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.\nThere certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.\nSundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.\nHowever, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the Nasdaq stock exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188424827,"gmtCreate":1623459788969,"gmtModify":1704204139629,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"wahahahaha we apes winning this???","listText":"wahahahaha we apes winning this???","text":"wahahahaha we apes winning this???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/188424827","repostId":"2142202756","repostType":4,"repost":{"id":"2142202756","kind":"news","pubTimestamp":1623449952,"share":"https://ttm.financial/m/news/2142202756?lang=&edition=fundamental","pubTime":"2021-06-12 06:19","market":"us","language":"en","title":"Mudrick’s AMC Bet Backfires After Meme Frenzy Wrecks Hedges","url":"https://stock-news.laohu8.com/highlight/detail?id=2142202756","media":"Bloomberg","summary":"(Bloomberg) -- After weeks of profiting from the stock and debt of AMC Entertainment Holdings Inc., ","content":"<p>(Bloomberg) -- After weeks of profiting from the stock and debt of AMC Entertainment Holdings Inc., hedge fund Mudrick Capital Management ended up with a 5.4% loss after a derivatives bet went haywire.</p>\n<p>The fund, which specializes in distressed debt, suffered the losses on AMC after day traders pushed the movie theater’s shares up as much as 127% on a single day, derailing call options Mudrick had sold on AMC shares to hedge exposure to the company, according to a person with knowledge of the matter. The Wall Street Journal earlier reported on the losses.</p>\n<p>Up until the improbable surge in AMC’s shares, the firm founded by Jason Mudrick had been among the big winners on AMC securities after the hedge fund agreed to help keep the cinema chain afloat last year by committing to buy new debt issued by the company. That and other AMC positions helped the fund reap almost $200 million in gains in January, Bloomberg News previously reported. Then the firm bought about $230 million of new shares from the company in a deal announced June 1, shares it quickly flipped to day traders and other AMC enthusiasts for another profit.</p>\n<p>But that’s when things started to unravel.</p>\n<p>To protect the firm’s holdings from a market plunge, Mudrick sold call options that gave other investors the right to buy shares from him at pre-set levels -- most of which were at $40 or more -- well above any price at which the shares had ever traded.</p>\n<p>As AMC’s stock surged June 2 in its Reddit-fueled frenzy, the price suddenly blasted past the prices at which the fund’s counterparties could cash in on the call options, the person said. The hedges ended up losing 10%, causing the net loss of 5.4%.</p>\n<p>A representative for Mudrick declined to comment.</p>\n<p><b>Shedding Risk</b></p>\n<p>Mudrick no longer has exposure to AMC after unwinding all of its debt, stock and derivatives bets. The firm is still up between 12% and 14% for the year, the person said.</p>\n<p>A risk committee for Mudrick Capital met virtually on the night of June 1 and decided to exit all debt and derivative positions the following day, the person said. Mudrick sold about a third of its exposure before the stock surged even further on June 2 and was fully out by that afternoon. The firm sold its 15% first-lien bonds in the theater chain for 121 cents on the dollar, the person added.</p>\n<p>But the trade’s unwind didn’t come soon enough. AMC shares surged past $40 to reach as high as $72.62, blowing up the firm’s short position and effectively unraveling what had looked like a winning bet.</p>\n<p>AMC shares have soared more than 2,200% this year, and debt holders have also benefited from the rally. The company’s bonds due 2026 that were trading as low as 5 cents on the dollar in November now change hands above face value, according to Trace.</p>\n<p>While ultimately handing Mudrick a loss, the meme stock frenzy helped AMC earn a credit upgrade from S&amp;P Global Ratings after the company was able to raise hundreds of millions of dollars from share sales.</p>\n<p>Mudrick’s flagship fund rose about 12% in 2020, making much of its money in the fourth quarter of last year, Bloomberg previously reported. The firm manages around $3.5 billion.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mudrick’s AMC Bet Backfires After Meme Frenzy Wrecks Hedges</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\">\nMudrick’s AMC Bet Backfires After Meme Frenzy Wrecks Hedges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 06:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/mudrick-amc-bet-backfires-meme-221912972.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- After weeks of profiting from the stock and debt of AMC Entertainment Holdings Inc., hedge fund Mudrick Capital Management ended up with a 5.4% loss after a derivatives bet went haywire...</p>\n\n<a href=\"https://finance.yahoo.com/news/mudrick-amc-bet-backfires-meme-221912972.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://finance.yahoo.com/news/mudrick-amc-bet-backfires-meme-221912972.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2142202756","content_text":"(Bloomberg) -- After weeks of profiting from the stock and debt of AMC Entertainment Holdings Inc., hedge fund Mudrick Capital Management ended up with a 5.4% loss after a derivatives bet went haywire.\nThe fund, which specializes in distressed debt, suffered the losses on AMC after day traders pushed the movie theater’s shares up as much as 127% on a single day, derailing call options Mudrick had sold on AMC shares to hedge exposure to the company, according to a person with knowledge of the matter. The Wall Street Journal earlier reported on the losses.\nUp until the improbable surge in AMC’s shares, the firm founded by Jason Mudrick had been among the big winners on AMC securities after the hedge fund agreed to help keep the cinema chain afloat last year by committing to buy new debt issued by the company. That and other AMC positions helped the fund reap almost $200 million in gains in January, Bloomberg News previously reported. Then the firm bought about $230 million of new shares from the company in a deal announced June 1, shares it quickly flipped to day traders and other AMC enthusiasts for another profit.\nBut that’s when things started to unravel.\nTo protect the firm’s holdings from a market plunge, Mudrick sold call options that gave other investors the right to buy shares from him at pre-set levels -- most of which were at $40 or more -- well above any price at which the shares had ever traded.\nAs AMC’s stock surged June 2 in its Reddit-fueled frenzy, the price suddenly blasted past the prices at which the fund’s counterparties could cash in on the call options, the person said. The hedges ended up losing 10%, causing the net loss of 5.4%.\nA representative for Mudrick declined to comment.\nShedding Risk\nMudrick no longer has exposure to AMC after unwinding all of its debt, stock and derivatives bets. The firm is still up between 12% and 14% for the year, the person said.\nA risk committee for Mudrick Capital met virtually on the night of June 1 and decided to exit all debt and derivative positions the following day, the person said. Mudrick sold about a third of its exposure before the stock surged even further on June 2 and was fully out by that afternoon. The firm sold its 15% first-lien bonds in the theater chain for 121 cents on the dollar, the person added.\nBut the trade’s unwind didn’t come soon enough. AMC shares surged past $40 to reach as high as $72.62, blowing up the firm’s short position and effectively unraveling what had looked like a winning bet.\nAMC shares have soared more than 2,200% this year, and debt holders have also benefited from the rally. The company’s bonds due 2026 that were trading as low as 5 cents on the dollar in November now change hands above face value, according to Trace.\nWhile ultimately handing Mudrick a loss, the meme stock frenzy helped AMC earn a credit upgrade from S&P Global Ratings after the company was able to raise hundreds of millions of dollars from share sales.\nMudrick’s flagship fund rose about 12% in 2020, making much of its money in the fourth quarter of last year, Bloomberg previously reported. The firm manages around $3.5 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582350348015234","authorId":"3582350348015234","name":"Ag1718","avatar":"https://community-static.tradeup.com/news/7b99db6dd9dd4eaa84bd8baf04aad0b9","crmLevel":1,"crmLevelSwitch":0,"idStr":"3582350348015234","authorIdStr":"3582350348015234"},"content":"Ya Ya Ya . reply back.","text":"Ya Ya Ya . reply back.","html":"Ya Ya Ya . reply back."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187043463,"gmtCreate":1623732020052,"gmtModify":1704209864733,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"it's going to the moon","listText":"it's going to the moon","text":"it's going to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/187043463","repostId":"2143738496","repostType":2,"repost":{"id":"2143738496","kind":"highlight","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":1623713480,"share":"https://ttm.financial/m/news/2143738496?lang=&edition=fundamental","pubTime":"2021-06-15 07:31","market":"us","language":"en","title":"AMC jumped more than 15%, other 'meme stocks' mixed","url":"https://stock-news.laohu8.com/highlight/detail?id=2143738496","media":"Reuters","summary":"June 14  - Shares of AMC Entertainment Holdings shot higher on Monday, setting the stage for another week of roller-coaster trading in shares of the theater chain operator and other retail investor favorites.AMC’s shares were recently up 15.38% at around $57 after edging 3% higher last week. The company said in a filing last week that over 80% of its shares were held by retail investors.Rallies in AMC and video game retailer GameStop, as well as a fresh crop of so-called meme stocks - companies ","content":"<p>June 14 (Reuters) - Shares of AMC Entertainment Holdings&nbsp;shot higher on Monday, setting the stage for another week of roller-coaster trading in shares of the theater chain operator and other retail investor favorites.</p>\n<p>AMC’s shares were recently up 15.38% at around $57 after edging 3% higher last week. The company said in a filing last week that over 80% of its shares were held by retail investors.</p>\n<p>Rallies in AMC and video game retailer GameStop, as well as a fresh crop of so-called meme stocks - companies popular with retail investors congregating on forums such as Reddit’s WallStreetBets - have breathed fresh life into a frenzy that first garnered widespread attention in January, when an unwind of bearish bets helped send GameStop’s shares up more than 1,600% that month.</p>\n<p>Billionaire investor Paul Tudor Jones of Tudor Investment Corp told CNBC on Monday that the “craziest mix of fiscal and monetary policy” has helped fuel the blistering rallies in some meme stocks as well as other assets, such as special purpose acquisition companies, or SPACs.</p>\n<p>\"Things are absolutely bat-s crazy and at some point you have to say, 'slow down, let's get back in the lanes and we'll drive like we used to,\" Tudor Jones said on CNBC.</p>\n<p>GameStop’s shares were recently down nearly 2% but are up 1,100% this year, while AMC’s have risen around 2,589%.</p>\n<p>AMC options volume was brisk, with 630,000 contracts traded by 11:40 a.m. (1540 GMT), Trade Alert data showed. Options that expire on Friday made up nearly 40% of the trading, with call options that make money if AMC shares rise north of $55, $60 and $70 trading in heavy volume.</p>\n<p>Investors were also focused on vaccine developers, with shares of Novovax experiencing sharp swings after the company reported late-stage data from a U.S.-based clinical trial showing its vaccine was more than 90% effective against COVID-19 across a variety of variants of the virus. </p>\n<p>The company’s shares had reversed early gains and were recently down about 1% at $207.71 after approaching $230 earlier in the session.</p>\n<p>Meanwhile, shares of gaming equipment maker Corsair Gaming Inc jumped by 11%. The company - which has a short interest of 18.25% of free float, according to Refinitiv data - was the top trending stock on Stocktwits earlier on Monday, with a 26.9% jump in message volume.</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>AMC jumped more than 15%, other 'meme stocks' mixed</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 jumped more than 15%, other 'meme stocks' mixed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-15 07:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 14 (Reuters) - Shares of AMC Entertainment Holdings&nbsp;shot higher on Monday, setting the stage for another week of roller-coaster trading in shares of the theater chain operator and other retail investor favorites.</p>\n<p>AMC’s shares were recently up 15.38% at around $57 after edging 3% higher last week. The company said in a filing last week that over 80% of its shares were held by retail investors.</p>\n<p>Rallies in AMC and video game retailer GameStop, as well as a fresh crop of so-called meme stocks - companies popular with retail investors congregating on forums such as Reddit’s WallStreetBets - have breathed fresh life into a frenzy that first garnered widespread attention in January, when an unwind of bearish bets helped send GameStop’s shares up more than 1,600% that month.</p>\n<p>Billionaire investor Paul Tudor Jones of Tudor Investment Corp told CNBC on Monday that the “craziest mix of fiscal and monetary policy” has helped fuel the blistering rallies in some meme stocks as well as other assets, such as special purpose acquisition companies, or SPACs.</p>\n<p>\"Things are absolutely bat-s crazy and at some point you have to say, 'slow down, let's get back in the lanes and we'll drive like we used to,\" Tudor Jones said on CNBC.</p>\n<p>GameStop’s shares were recently down nearly 2% but are up 1,100% this year, while AMC’s have risen around 2,589%.</p>\n<p>AMC options volume was brisk, with 630,000 contracts traded by 11:40 a.m. (1540 GMT), Trade Alert data showed. Options that expire on Friday made up nearly 40% of the trading, with call options that make money if AMC shares rise north of $55, $60 and $70 trading in heavy volume.</p>\n<p>Investors were also focused on vaccine developers, with shares of Novovax experiencing sharp swings after the company reported late-stage data from a U.S.-based clinical trial showing its vaccine was more than 90% effective against COVID-19 across a variety of variants of the virus. </p>\n<p>The company’s shares had reversed early gains and were recently down about 1% at $207.71 after approaching $230 earlier in the session.</p>\n<p>Meanwhile, shares of gaming equipment maker Corsair Gaming Inc jumped by 11%. The company - which has a short interest of 18.25% of free float, according to Refinitiv data - was the top trending stock on Stocktwits earlier on Monday, with a 26.9% jump in message volume.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","NVAX":"诺瓦瓦克斯医药","CLOV":"Clover Health Corp","GME":"游戏驿站","CRSR":"Corsair Gaming, Inc.","GEO":"GEO惩教集团"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143738496","content_text":"June 14 (Reuters) - Shares of AMC Entertainment Holdings shot higher on Monday, setting the stage for another week of roller-coaster trading in shares of the theater chain operator and other retail investor favorites.\nAMC’s shares were recently up 15.38% at around $57 after edging 3% higher last week. The company said in a filing last week that over 80% of its shares were held by retail investors.\nRallies in AMC and video game retailer GameStop, as well as a fresh crop of so-called meme stocks - companies popular with retail investors congregating on forums such as Reddit’s WallStreetBets - have breathed fresh life into a frenzy that first garnered widespread attention in January, when an unwind of bearish bets helped send GameStop’s shares up more than 1,600% that month.\nBillionaire investor Paul Tudor Jones of Tudor Investment Corp told CNBC on Monday that the “craziest mix of fiscal and monetary policy” has helped fuel the blistering rallies in some meme stocks as well as other assets, such as special purpose acquisition companies, or SPACs.\n\"Things are absolutely bat-s crazy and at some point you have to say, 'slow down, let's get back in the lanes and we'll drive like we used to,\" Tudor Jones said on CNBC.\nGameStop’s shares were recently down nearly 2% but are up 1,100% this year, while AMC’s have risen around 2,589%.\nAMC options volume was brisk, with 630,000 contracts traded by 11:40 a.m. (1540 GMT), Trade Alert data showed. Options that expire on Friday made up nearly 40% of the trading, with call options that make money if AMC shares rise north of $55, $60 and $70 trading in heavy volume.\nInvestors were also focused on vaccine developers, with shares of Novovax experiencing sharp swings after the company reported late-stage data from a U.S.-based clinical trial showing its vaccine was more than 90% effective against COVID-19 across a variety of variants of the virus. \nThe company’s shares had reversed early gains and were recently down about 1% at $207.71 after approaching $230 earlier in the session.\nMeanwhile, shares of gaming equipment maker Corsair Gaming Inc jumped by 11%. The company - which has a short interest of 18.25% of free float, according to Refinitiv data - was the top trending stock on Stocktwits earlier on Monday, with a 26.9% jump in message volume.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898423189,"gmtCreate":1628518200941,"gmtModify":1703507456792,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"very true. although i love apple, apple tv is insignificant compared to netflix&nbsp;and disney. but their strengths lies in mobile devices though","listText":"very true. although i love apple, apple tv is insignificant compared to netflix&nbsp;and disney. but their strengths lies in mobile devices though","text":"very true. although i love apple, apple tv is insignificant compared to netflix and disney. but their strengths lies in mobile devices though","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/898423189","repostId":"1117756865","repostType":2,"repost":{"id":"1117756865","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628485462,"share":"https://ttm.financial/m/news/1117756865?lang=&edition=fundamental","pubTime":"2021-08-09 13:04","market":"us","language":"en","title":"Apple Needs To Cut Apple TV Prices Or Cull The Beleaguered Living Room Gadget: Gurman","url":"https://stock-news.laohu8.com/highlight/detail?id=1117756865","media":"Benzinga","summary":"Apple needs to cut the prices of Apple TV or send it the way of other retired products like iPod HiF","content":"<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b>needs to cut the prices of&nbsp;<b>Apple TV</b>&nbsp;or send it the way of other retired products like iPod HiFi and the high-end version of its HomePod speakers, wrote&nbsp;<b>Mark Gurman</b>&nbsp;in the latest edition of his newsletter.</p>\n<p><b>What Happened:</b>&nbsp;Gurman noted the coming of the “age of streaming” and the abundance of services like those offered by&nbsp;<b><a href=\"https://laohu8.com/S/NFLX\">Netflix</a></b>,<b>&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b>,<b> </b>and&nbsp;<b>Hulu</b>.</p>\n<p>This, according to Gurman, has made Apple TV a largely “pointless accessory.” The analyst buttressed his point by sharing 2020 data from Strategy Analytics that found that Apple TV only held 2% of the streaming device market.</p>\n<p>“One idea for keeping the Apple TV relevant would be to bundle an Apple TV+ subscription indefinitely at no additional charge,” wrote Gurman.</p>\n<p>Gurman’s other ideas include cutting the price of the box or turning it into a 4K capable “stick.”</p>\n<p><b>Why It Matters:</b>&nbsp;Gurman’s suggestions are unlikely to come to fruition anytime soon. He said that Apple engineers have told him that the iPhone maker “doesn’t have a strong living room hardware strategy and that there isn’t much internal optimism.”</p>\n<p>In the latest newsletter, Gurman noted that the Apple TV had gone through more “interface overhauls” compared with any other Apple products and “despite nearly 15 years of attempts, Apple hasn’t created anything close to a market leader.”</p>\n<p>The Bloomberg Journalist contributed to 9&nbsp;to&nbsp;5&nbsp;Mac for over six years and isregardedas an authority on the&nbsp;<b>Tim Cook</b>-led company.</p>\n<p>Appleunveiled the next generationof its 4K box containing an A12 Bionic chip in April this year. The device comes with a new&nbsp;<b>Siri Remote,</b>which features clickpad and touch controls.</p>\n<p><b>Price Action:</b>&nbsp;On Friday, Apple shares closed nearly 0.5% lower at $146.14 in the regular session and fell 0.12% in the after-hours trading.</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>Apple Needs To Cut Apple TV Prices Or Cull The Beleaguered Living Room Gadget: Gurman</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 Needs To Cut Apple TV Prices Or Cull The Beleaguered Living Room Gadget: Gurman\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-09 13:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a> </b>needs to cut the prices of&nbsp;<b>Apple TV</b>&nbsp;or send it the way of other retired products like iPod HiFi and the high-end version of its HomePod speakers, wrote&nbsp;<b>Mark Gurman</b>&nbsp;in the latest edition of his newsletter.</p>\n<p><b>What Happened:</b>&nbsp;Gurman noted the coming of the “age of streaming” and the abundance of services like those offered by&nbsp;<b><a href=\"https://laohu8.com/S/NFLX\">Netflix</a></b>,<b>&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b>,<b> </b>and&nbsp;<b>Hulu</b>.</p>\n<p>This, according to Gurman, has made Apple TV a largely “pointless accessory.” The analyst buttressed his point by sharing 2020 data from Strategy Analytics that found that Apple TV only held 2% of the streaming device market.</p>\n<p>“One idea for keeping the Apple TV relevant would be to bundle an Apple TV+ subscription indefinitely at no additional charge,” wrote Gurman.</p>\n<p>Gurman’s other ideas include cutting the price of the box or turning it into a 4K capable “stick.”</p>\n<p><b>Why It Matters:</b>&nbsp;Gurman’s suggestions are unlikely to come to fruition anytime soon. He said that Apple engineers have told him that the iPhone maker “doesn’t have a strong living room hardware strategy and that there isn’t much internal optimism.”</p>\n<p>In the latest newsletter, Gurman noted that the Apple TV had gone through more “interface overhauls” compared with any other Apple products and “despite nearly 15 years of attempts, Apple hasn’t created anything close to a market leader.”</p>\n<p>The Bloomberg Journalist contributed to 9&nbsp;to&nbsp;5&nbsp;Mac for over six years and isregardedas an authority on the&nbsp;<b>Tim Cook</b>-led company.</p>\n<p>Appleunveiled the next generationof its 4K box containing an A12 Bionic chip in April this year. The device comes with a new&nbsp;<b>Siri Remote,</b>which features clickpad and touch controls.</p>\n<p><b>Price Action:</b>&nbsp;On Friday, Apple shares closed nearly 0.5% lower at $146.14 in the regular session and fell 0.12% in the after-hours trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117756865","content_text":"Apple needs to cut the prices of Apple TV or send it the way of other retired products like iPod HiFi and the high-end version of its HomePod speakers, wrote Mark Gurman in the latest edition of his newsletter.\nWhat Happened: Gurman noted the coming of the “age of streaming” and the abundance of services like those offered by Netflix, Amazon.com, and Hulu.\nThis, according to Gurman, has made Apple TV a largely “pointless accessory.” The analyst buttressed his point by sharing 2020 data from Strategy Analytics that found that Apple TV only held 2% of the streaming device market.\n“One idea for keeping the Apple TV relevant would be to bundle an Apple TV+ subscription indefinitely at no additional charge,” wrote Gurman.\nGurman’s other ideas include cutting the price of the box or turning it into a 4K capable “stick.”\nWhy It Matters: Gurman’s suggestions are unlikely to come to fruition anytime soon. He said that Apple engineers have told him that the iPhone maker “doesn’t have a strong living room hardware strategy and that there isn’t much internal optimism.”\nIn the latest newsletter, Gurman noted that the Apple TV had gone through more “interface overhauls” compared with any other Apple products and “despite nearly 15 years of attempts, Apple hasn’t created anything close to a market leader.”\nThe Bloomberg Journalist contributed to 9 to 5 Mac for over six years and isregardedas an authority on the Tim Cook-led company.\nAppleunveiled the next generationof its 4K box containing an A12 Bionic chip in April this year. The device comes with a new Siri Remote,which features clickpad and touch controls.\nPrice Action: On Friday, Apple shares closed nearly 0.5% lower at $146.14 in the regular session and fell 0.12% in the after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":650,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152076750,"gmtCreate":1625246881470,"gmtModify":1703739402185,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Very good. Short sell more. BecAuse we apes gna GET BACK AT YA SOON ????","listText":"Very good. Short sell more. BecAuse we apes gna GET BACK AT YA SOON ????","text":"Very good. Short sell more. BecAuse we apes gna GET BACK AT YA SOON ????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152076750","repostId":"1199383023","repostType":4,"repost":{"id":"1199383023","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625234763,"share":"https://ttm.financial/m/news/1199383023?lang=&edition=fundamental","pubTime":"2021-07-02 22:06","market":"us","language":"en","title":"Iceberg Research: We're shorting AMC Entertainment","url":"https://stock-news.laohu8.com/highlight/detail?id=1199383023","media":"Tiger Newspress","summary":"Iceberg Research, a short seller,said they're shorting AMC Entertainment.\nAMC stock tumbled 10% in F","content":"<p>Iceberg Research, a short seller,said&nbsp;they're shorting AMC Entertainment.</p>\n<p>AMC&nbsp;stock&nbsp;tumbled&nbsp;10%&nbsp;in Friday morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/8fcd7b7275c61489d2f5ef4c91a74765\" tg-width=\"840\" tg-height=\"470\"></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>Iceberg Research: We're shorting AMC Entertainment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIceberg Research: We're shorting AMC Entertainment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-02 22:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Iceberg Research, a short seller,said&nbsp;they're shorting AMC Entertainment.</p>\n<p>AMC&nbsp;stock&nbsp;tumbled&nbsp;10%&nbsp;in Friday morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/8fcd7b7275c61489d2f5ef4c91a74765\" tg-width=\"840\" tg-height=\"470\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199383023","content_text":"Iceberg Research, a short seller,said they're shorting AMC Entertainment.\nAMC stock tumbled 10% in Friday morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":624,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346454956,"gmtCreate":1618105979475,"gmtModify":1704706633856,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"bought nio at High price :(","listText":"bought nio at High price :(","text":"bought nio at High price :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/346454956","repostId":"1133841778","repostType":4,"repost":{"id":"1133841778","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617977105,"share":"https://ttm.financial/m/news/1133841778?lang=&edition=fundamental","pubTime":"2021-04-09 22:05","market":"us","language":"en","title":"EV Stocks underperformed","url":"https://stock-news.laohu8.com/highlight/detail?id=1133841778","media":"Tiger Newspress","summary":"EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.","content":"<p>EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.</p><p><img src=\"https://static.tigerbbs.com/8b61fa5fb6129f3dc72addb8c9abf0ea\" tg-width=\"422\" tg-height=\"240\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Stocks underperformed</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\">\nEV Stocks underperformed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-09 22:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.</p><p><img src=\"https://static.tigerbbs.com/8b61fa5fb6129f3dc72addb8c9abf0ea\" tg-width=\"422\" tg-height=\"240\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","XPEV":"小鹏汽车","TSLA":"特斯拉","LI":"理想汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133841778","content_text":"EV Stocks underperformed in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159718340,"gmtCreate":1624979746180,"gmtModify":1703849455777,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Time to buy more","listText":"Time to buy more","text":"Time to buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159718340","repostId":"1124372919","repostType":2,"repost":{"id":"1124372919","kind":"news","pubTimestamp":1624869783,"share":"https://ttm.financial/m/news/1124372919?lang=&edition=fundamental","pubTime":"2021-06-28 16:43","market":"us","language":"en","title":"NIO: The Path To A $1 Trillion Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1124372919","media":"seekingalpha","summary":"NIO is known by many as a large cap Chinese electric vehicle company.However, it is actually much more than that and possesses several key competitive advantages.We discuss how these factors could combine with its focus on China to transform it into a $1 trillion mega cap.NIO also has a strong foothold on autonomous mobility technology thanks to filing nearly 50 patents in the area and boasts AI-powered smart \"cockpits.\". Given that the mobility industry is becoming increasingly software-driven,","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO is known by many as a large cap Chinese electric vehicle company.</li>\n <li>However, it is actually much more than that and possesses several key competitive advantages.</li>\n <li>We discuss how these factors could combine with its focus on China to transform it into a $1 trillion mega cap.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/17cdcfe41a4b886c29dad01d4512e84e\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Lintao Zhang/Getty Images News</span></p>\n<p>Similar to how we analyzed Palantir(NYSE:PLTR)in our recent piece<i>Palantir: The Path To A $1 Trillion Valuation</i>, NIO Inc.(NYSE:NIO)is unique in that it is already a large cap stock, but has a massive growth runway that could quite conceivably make it a mega-cap stock and eventually even approach a valuation of $1 Trillion. Here are five reasons why it could successfully achieve that valuation:</p>\n<p><b>#1. \"Gas Station\" Of The Future</b></p>\n<p>NIO is a major designer and manufacturer of high-tech electric vehicles in China and as a result competes with the likes of Tesla(NASDAQ:TSLA)in innovative technologies like connectivity, batteries, autonomous mobility, and artificial intelligence.</p>\n<p>NIO's status as an emerging leader in these innovative technologies is perhaps the biggest reason to believe that they could become a multi-bagger from today's already lofty valuation and become a true mega cap.</p>\n<p>For example, its Battery-as-a-Service (BaaS) potential is immense. The company has already begun building out the infrastructure for this business through its&nbsp;recent partnership&nbsp;with Sinopec(NYSE:SHI)through which they aspire to create a 5,000 battery swap station network by 2024. This will give NIO a decisive network advantage in this space just as it begins to really take off in the world's largest electric vehicle market, enabling it to form partnerships with other automakers in the country and drive strong revenue growth from this business alone. Essentially, this would make NIO the number one \"gas station\" company in China as the country and world enter the age of electrification.</p>\n<p>Given that they possess hundreds of patents in battery swap technology, NIO seems to already have the intellectual property moat necessary to transform this potential into reality. It appears to be merely a matter of time for them to implement and scale now.</p>\n<p><b>#2. Autonomous Mobility &amp; AI Technology</b></p>\n<p>NIO also has a strong foothold on autonomous mobility technology thanks to filing nearly 50 patents in the area and boasts AI-powered smart \"cockpits.\"</p>\n<p>Given that the mobility industry is becoming increasingly software-driven, its intellectual property portfolio here is important as well. Even more important, though, is its competitive positioning to emerge as a long-term leader in the electric vehicle space in China, not only because of the vehicle sales potential it offers, but much more importantly because it is the largest source of consumer data in the world. As a result, NIO will have access to a vast amount of data with which it can improve its A.I. and build one of the best mobility software platforms in the world.</p>\n<p><b>#3. Government Support</b></p>\n<p>Another big reason to believe in NIO's long-term potential stems from the simple fact that it is a leading local company in China in high-priority technology fields. As a result, it will likely enjoy significant support from the Chinese government so that it can serve as a vehicle whereby China can advance its goals towards becoming the pre-eminent global technological superpower.</p>\n<p>This principle has already played out several times to NIO's benefit.</p>\n<p>For example, the&nbsp;government recently gave&nbsp;NIO a RMB7 billion (US$1b) bailout to give it the cash it needed to sustain and scale operations.</p>\n<p>Additionally, government-owned auto manufacturer - Anhui Jianghuai Automobile Group Corp - has also assisted NIO by providing it with manufacturing services, enabling it to scale with minimal additional capital investment.</p>\n<p>Perhaps the most glaring example of this was how the Chinese state media&nbsp;recently successfully harmed&nbsp;the reputation of TSLA - NIO's top foreign rival - to the point where the Elon Musk-led company had to issue an apology.</p>\n<p>Furthermore, the Chinese government is making a major push to transition the automotive market towards electric vehicles in an effort to battle its huge pollution problem. It is achieving these aims by offering purchase rebates and tax exemptions for the industry, while also placing restrictions on new gasoline and diesel powered vehicle permits.</p>\n<p><b>#4. Global Expansion</b></p>\n<p>NIO is also poised to begin expanding its sales into global markets, beginning with Norway. Not only will the company be selling its cars there, but it will be building out local physical and digital infrastructure to create a high quality user-friendly ecosystem to add value to its brand and bolster its competitive positioning. Once it has built significant scale in Norway, it will then have a greater position of strength from which to infiltrate the rest of the European market. Given the geopolitical tensions with the United States at the moment as well as Tesla's dominance in the U.S. electric vehicle market, Europe seems like a much more logical choice to begin global expansion.</p>\n<p><b>#5. Crunching The Numbers</b></p>\n<p>Electric Vehicle sales are already growing exponentially - especially in China - and we expect that number to explode much higher in the years to come.</p>\n<p><img src=\"https://static.tigerbbs.com/00cdeb70c618caeddbbd16df936194ad\" tg-width=\"960\" tg-height=\"572\"></p>\n<p>In fact, while just barely over 1.2 million electric vehicles were sold worldwide in 2017,Bloomberg New Energy Finance&nbsp;expects that number to soar to 60 million by 2040. Not only that, but battery and battery charging infrastructure demand will soar as well.</p>\n<p>If NIO can seize on its early leadership in China in both the electric vehicle and battery charging infrastructure businesses and also successfully scale its business internationally, there is certainly room for it to achieve a $1 trillion valuation by 2040. For example, its gross margin is expected to be nearly 20% in 2021 and 2022. TSLA's gross, meanwhile, is around 23% and its net margin is roughly half of that, or ~11.5%.</p>\n<p>NIO's BaaS business should also be higher margin given that it could be entirely automated and the actual real estate could be leased instead of owned in order to free up capital for higher return investment elsewhere. With continued scaling in both businesses and overall positive trends in the business with reduced costs across the board through automation and enhanced data analytics, we think gross margins of 25% and net margins of 15% by 2040 are entirely feasible.</p>\n<p>If NIO were to grab just 7.5% of the global EV market (TSLA's is currently 11%) by 2040, it would be selling ~4.5 million cars per year. We think this share is actually very feasible when you consider that the majority of electric vehicle sales are expected to be in China and that NIO has an inside track on that market given the support it is receiving from the government.</p>\n<p>If the average sale were for $40,000 per electric vehicle, its profit would be ~$6,000 per vehicle, translating to $27 billion in annual profit from auto sales alone. At a 30x price-to-earnings multiple, that would put the automotive business at a $810 billion valuation.</p>\n<p>Meanwhile, its BaaS business could likely generate $150 in profits per year per vehicle in its sphere in China. By 2030,it is estimated&nbsp;that there will be 50 million electric vehicles on the road in China and that EVs will account for 40% of total auto sales. A very conservative estimate is that the number of EVs on the road in China will double to 100 million by 2040. If NIO's BaaS business serves 20% of the electric vehicles in China by 2040, that would equate to an additional $3+ billion in annual net income. Once again applying a 30x price-to-earnings multiple, that would equate to roughly another $100 billion in market valuation.</p>\n<p>Meanwhile, the potential for using its data and autonomous vehicle technology as well as vast BaaS infrastructure to launch an autonomous taxi business network is also immense. While it is hard to know exactly what sort of value this would command as it is hard to project how it would be regulated by the Chinese government and how well consumers would adopt it, it is not a stretch that NIO's scale and capabilities by this point in such a potentially massive market as is offered in China would put the valuation for this business at $100 billion.</p>\n<p>Combining all three businesses gets us to a $1 trillion total valuation under a bullish, but not entirely implausible scenario.</p>\n<p><b>Risk Analysis</b></p>\n<p>While the path to $1 trillion certainly looks viable, there are numerous risks to consider along the way.</p>\n<p>First and foremost, NIO faces a lot of competition from both foreign and domestic companies. TSLA has a large presence in China and overseas and sports a premium brand to go along with an extremely driven and innovative CEO and engineering team. While the Chinese government has helped NIO some already with surviving the TSLA threat, it is unknown the depths that it will have to and be willing to go to continue giving NIO a boost to sustain its competitive standing in its domestic market.</p>\n<p>Of course, NIO also faces competitive pressures from fellow Chinese electric vehicle manufacturers including Baidu(NASDAQ:BIDU), which already has a&nbsp;partnership&nbsp;with a government-owned automaker (BAIC Group) to put 1,000 driverless cars on the roads over the next 3 years as a prelude to establishing an autonomous taxi service in China. Facing off against fellow major domestic players who also have government backing poses another threat to NIO because it means that it cannot solely rely on government assistance to survive and thrive.</p>\n<p>On that same note, it also increases the political risk for NIO. Given that it is not the only horse that China is betting on in the mobility space, if their leadership were to run afoul of the Chinese Communist Party and/or they were to simply lag behind in performance, they could quickly be \"dropped\" by the government and the business could fall into a downward spiral. If Alibaba(NYSE:BABA)&nbsp;could face this, NIO certainly could too. If nothing else, the Chinese government could easily seize some or all of NIO's physical or intellectual property for state use, depriving NIO shareholders of much of their equity value.</p>\n<p>Furthermore, expanding overseas could also be complicated by the fact that China is currently dealing with growing geopolitical tensions with other Asia-Pacific nations, Europe, and the United States. As a result, trade barriers may go up, especially in such high-priority technologies as mobility and autonomous technology. The U.S., Europe, Japan, Korea, and even India have well-established automobile industries and if they feel threatened by a Chinese competitor, they may well decide to throw up barriers to entry in their markets.</p>\n<p>Of course, as the China hustle pointed out, many Chinese companies have a troubling track record of fudging accounting numbers. As a result, investors should always view Chinese company - to include NIO's - financial numbers with a healthy dose of skepticism. While it is very possible - if not likely - that NIO's numbers are completely accurate, it is still a risk that needs to be considered.</p>\n<p>Last, but not least, NIO is currently priced quite expensively as it is still running up massive losses and trades at 71 times expected 2021 gross income. Therefore, the range of potential future outcomes is quite wide and investors could very well be dramatically overpaying by purchasing at today's prices. It should be viewed as a highly speculative investment accordingly.</p>\n<p><b>Investor Takeaway</b></p>\n<p>NIO is currently struggling to turn a profit and has had to be bailed out by the Chinese government. At the same time, its valuation is sky-high. While this might steer many investors away and the stock is indeed a very speculative investment, there is also a plausible path for the company to become a $1 trillion mega cap by 2040 and generate attractive long-term returns for investors as a result.</p>\n<p>While not for the faint of heart and certainly not without risks, NIO could continue on its path towards becoming one of the world's pre-eminent mobility companies.</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>NIO: The Path To A $1 Trillion Valuation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO: The Path To A $1 Trillion Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 16:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436753-nio-the-path-to-a-1-trillion-valuation><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO is known by many as a large cap Chinese electric vehicle company.\nHowever, it is actually much more than that and possesses several key competitive advantages.\nWe discuss how these ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436753-nio-the-path-to-a-1-trillion-valuation\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436753-nio-the-path-to-a-1-trillion-valuation","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124372919","content_text":"Summary\n\nNIO is known by many as a large cap Chinese electric vehicle company.\nHowever, it is actually much more than that and possesses several key competitive advantages.\nWe discuss how these factors could combine with its focus on China to transform it into a $1 trillion mega cap.\n\nLintao Zhang/Getty Images News\nSimilar to how we analyzed Palantir(NYSE:PLTR)in our recent piecePalantir: The Path To A $1 Trillion Valuation, NIO Inc.(NYSE:NIO)is unique in that it is already a large cap stock, but has a massive growth runway that could quite conceivably make it a mega-cap stock and eventually even approach a valuation of $1 Trillion. Here are five reasons why it could successfully achieve that valuation:\n#1. \"Gas Station\" Of The Future\nNIO is a major designer and manufacturer of high-tech electric vehicles in China and as a result competes with the likes of Tesla(NASDAQ:TSLA)in innovative technologies like connectivity, batteries, autonomous mobility, and artificial intelligence.\nNIO's status as an emerging leader in these innovative technologies is perhaps the biggest reason to believe that they could become a multi-bagger from today's already lofty valuation and become a true mega cap.\nFor example, its Battery-as-a-Service (BaaS) potential is immense. The company has already begun building out the infrastructure for this business through its recent partnership with Sinopec(NYSE:SHI)through which they aspire to create a 5,000 battery swap station network by 2024. This will give NIO a decisive network advantage in this space just as it begins to really take off in the world's largest electric vehicle market, enabling it to form partnerships with other automakers in the country and drive strong revenue growth from this business alone. Essentially, this would make NIO the number one \"gas station\" company in China as the country and world enter the age of electrification.\nGiven that they possess hundreds of patents in battery swap technology, NIO seems to already have the intellectual property moat necessary to transform this potential into reality. It appears to be merely a matter of time for them to implement and scale now.\n#2. Autonomous Mobility & AI Technology\nNIO also has a strong foothold on autonomous mobility technology thanks to filing nearly 50 patents in the area and boasts AI-powered smart \"cockpits.\"\nGiven that the mobility industry is becoming increasingly software-driven, its intellectual property portfolio here is important as well. Even more important, though, is its competitive positioning to emerge as a long-term leader in the electric vehicle space in China, not only because of the vehicle sales potential it offers, but much more importantly because it is the largest source of consumer data in the world. As a result, NIO will have access to a vast amount of data with which it can improve its A.I. and build one of the best mobility software platforms in the world.\n#3. Government Support\nAnother big reason to believe in NIO's long-term potential stems from the simple fact that it is a leading local company in China in high-priority technology fields. As a result, it will likely enjoy significant support from the Chinese government so that it can serve as a vehicle whereby China can advance its goals towards becoming the pre-eminent global technological superpower.\nThis principle has already played out several times to NIO's benefit.\nFor example, the government recently gave NIO a RMB7 billion (US$1b) bailout to give it the cash it needed to sustain and scale operations.\nAdditionally, government-owned auto manufacturer - Anhui Jianghuai Automobile Group Corp - has also assisted NIO by providing it with manufacturing services, enabling it to scale with minimal additional capital investment.\nPerhaps the most glaring example of this was how the Chinese state media recently successfully harmed the reputation of TSLA - NIO's top foreign rival - to the point where the Elon Musk-led company had to issue an apology.\nFurthermore, the Chinese government is making a major push to transition the automotive market towards electric vehicles in an effort to battle its huge pollution problem. It is achieving these aims by offering purchase rebates and tax exemptions for the industry, while also placing restrictions on new gasoline and diesel powered vehicle permits.\n#4. Global Expansion\nNIO is also poised to begin expanding its sales into global markets, beginning with Norway. Not only will the company be selling its cars there, but it will be building out local physical and digital infrastructure to create a high quality user-friendly ecosystem to add value to its brand and bolster its competitive positioning. Once it has built significant scale in Norway, it will then have a greater position of strength from which to infiltrate the rest of the European market. Given the geopolitical tensions with the United States at the moment as well as Tesla's dominance in the U.S. electric vehicle market, Europe seems like a much more logical choice to begin global expansion.\n#5. Crunching The Numbers\nElectric Vehicle sales are already growing exponentially - especially in China - and we expect that number to explode much higher in the years to come.\n\nIn fact, while just barely over 1.2 million electric vehicles were sold worldwide in 2017,Bloomberg New Energy Finance expects that number to soar to 60 million by 2040. Not only that, but battery and battery charging infrastructure demand will soar as well.\nIf NIO can seize on its early leadership in China in both the electric vehicle and battery charging infrastructure businesses and also successfully scale its business internationally, there is certainly room for it to achieve a $1 trillion valuation by 2040. For example, its gross margin is expected to be nearly 20% in 2021 and 2022. TSLA's gross, meanwhile, is around 23% and its net margin is roughly half of that, or ~11.5%.\nNIO's BaaS business should also be higher margin given that it could be entirely automated and the actual real estate could be leased instead of owned in order to free up capital for higher return investment elsewhere. With continued scaling in both businesses and overall positive trends in the business with reduced costs across the board through automation and enhanced data analytics, we think gross margins of 25% and net margins of 15% by 2040 are entirely feasible.\nIf NIO were to grab just 7.5% of the global EV market (TSLA's is currently 11%) by 2040, it would be selling ~4.5 million cars per year. We think this share is actually very feasible when you consider that the majority of electric vehicle sales are expected to be in China and that NIO has an inside track on that market given the support it is receiving from the government.\nIf the average sale were for $40,000 per electric vehicle, its profit would be ~$6,000 per vehicle, translating to $27 billion in annual profit from auto sales alone. At a 30x price-to-earnings multiple, that would put the automotive business at a $810 billion valuation.\nMeanwhile, its BaaS business could likely generate $150 in profits per year per vehicle in its sphere in China. By 2030,it is estimated that there will be 50 million electric vehicles on the road in China and that EVs will account for 40% of total auto sales. A very conservative estimate is that the number of EVs on the road in China will double to 100 million by 2040. If NIO's BaaS business serves 20% of the electric vehicles in China by 2040, that would equate to an additional $3+ billion in annual net income. Once again applying a 30x price-to-earnings multiple, that would equate to roughly another $100 billion in market valuation.\nMeanwhile, the potential for using its data and autonomous vehicle technology as well as vast BaaS infrastructure to launch an autonomous taxi business network is also immense. While it is hard to know exactly what sort of value this would command as it is hard to project how it would be regulated by the Chinese government and how well consumers would adopt it, it is not a stretch that NIO's scale and capabilities by this point in such a potentially massive market as is offered in China would put the valuation for this business at $100 billion.\nCombining all three businesses gets us to a $1 trillion total valuation under a bullish, but not entirely implausible scenario.\nRisk Analysis\nWhile the path to $1 trillion certainly looks viable, there are numerous risks to consider along the way.\nFirst and foremost, NIO faces a lot of competition from both foreign and domestic companies. TSLA has a large presence in China and overseas and sports a premium brand to go along with an extremely driven and innovative CEO and engineering team. While the Chinese government has helped NIO some already with surviving the TSLA threat, it is unknown the depths that it will have to and be willing to go to continue giving NIO a boost to sustain its competitive standing in its domestic market.\nOf course, NIO also faces competitive pressures from fellow Chinese electric vehicle manufacturers including Baidu(NASDAQ:BIDU), which already has a partnership with a government-owned automaker (BAIC Group) to put 1,000 driverless cars on the roads over the next 3 years as a prelude to establishing an autonomous taxi service in China. Facing off against fellow major domestic players who also have government backing poses another threat to NIO because it means that it cannot solely rely on government assistance to survive and thrive.\nOn that same note, it also increases the political risk for NIO. Given that it is not the only horse that China is betting on in the mobility space, if their leadership were to run afoul of the Chinese Communist Party and/or they were to simply lag behind in performance, they could quickly be \"dropped\" by the government and the business could fall into a downward spiral. If Alibaba(NYSE:BABA) could face this, NIO certainly could too. If nothing else, the Chinese government could easily seize some or all of NIO's physical or intellectual property for state use, depriving NIO shareholders of much of their equity value.\nFurthermore, expanding overseas could also be complicated by the fact that China is currently dealing with growing geopolitical tensions with other Asia-Pacific nations, Europe, and the United States. As a result, trade barriers may go up, especially in such high-priority technologies as mobility and autonomous technology. The U.S., Europe, Japan, Korea, and even India have well-established automobile industries and if they feel threatened by a Chinese competitor, they may well decide to throw up barriers to entry in their markets.\nOf course, as the China hustle pointed out, many Chinese companies have a troubling track record of fudging accounting numbers. As a result, investors should always view Chinese company - to include NIO's - financial numbers with a healthy dose of skepticism. While it is very possible - if not likely - that NIO's numbers are completely accurate, it is still a risk that needs to be considered.\nLast, but not least, NIO is currently priced quite expensively as it is still running up massive losses and trades at 71 times expected 2021 gross income. Therefore, the range of potential future outcomes is quite wide and investors could very well be dramatically overpaying by purchasing at today's prices. It should be viewed as a highly speculative investment accordingly.\nInvestor Takeaway\nNIO is currently struggling to turn a profit and has had to be bailed out by the Chinese government. At the same time, its valuation is sky-high. While this might steer many investors away and the stock is indeed a very speculative investment, there is also a plausible path for the company to become a $1 trillion mega cap by 2040 and generate attractive long-term returns for investors as a result.\nWhile not for the faint of heart and certainly not without risks, NIO could continue on its path towards becoming one of the world's pre-eminent mobility companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168733735,"gmtCreate":1623983267727,"gmtModify":1703825500776,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"many negative news that plague apple recently, but its defying gravity ???","listText":"many negative news that plague apple recently, but its defying gravity ???","text":"many negative news that plague apple recently, but its defying gravity ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/168733735","repostId":"1140460323","repostType":2,"repost":{"id":"1140460323","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623973344,"share":"https://ttm.financial/m/news/1140460323?lang=&edition=fundamental","pubTime":"2021-06-18 07:42","market":"us","language":"en","title":"Why Apple Stock Looks Ready To Break Out In The Weeks Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=1140460323","media":"Benzinga","summary":"Apple Inc. shares were trading higher Thursday after the Federal Reserve held its rates constant but raised its inflation expectations for the years 2021-2023.Seven Fed officials expect increases in rates in 2022, and 13 officials expect rate increases in 2023.Apple was up 1.26% at the close Thursday at $131.79.Since September 2020, shares have been forming into what technical traders call an ascending triangle pattern.The stock is trading above both the 50-day moving average , and the 200-day m","content":"<p><b>Apple Inc.</b>&nbsp;shares were trading higher Thursday after the Federal Reserve held its rates constant&nbsp;but raised its inflation expectations for the years 2021-2023.</p>\n<p>Seven Fed officials expect increases in rates in 2022, and 13 officials expect rate increases in 2023.</p>\n<p>Apple was up 1.26% at the close Thursday at $131.79.</p>\n<p><img src=\"https://static.tigerbbs.com/e8d456ee2529c0bc9444bb9ad8601434\" tg-width=\"2124\" tg-height=\"1304\"></p>\n<p><b>Apple Daily Chart Analysis</b></p>\n<ul>\n <li>Since September 2020, shares have been forming into what technical traders call an ascending triangle pattern.</li>\n <li>The stock is trading above both the 50-day moving average (green), and the 200-day moving average (blue), indicating sentiment in the stock is bullish.</li>\n <li>Each of these moving averages may hold as an area of support in the future.</li>\n</ul>\n<p><b>Key Apple Levels To Watch</b></p>\n<ul>\n <li>Last week, the stock was able to bounce off support at the higher low trendline. The shares continue to form an ascending triangle pattern and could see a break out of the pattern in the&nbsp;weeks ahead.</li>\n <li>The higher low trendline has acted as support since September 2020 and may again in the future.</li>\n <li>The stock has been building up to a potential resistance mark near $140, as this was an area where the stock previously struggled to cross above.</li>\n</ul>\n<p><b>What’s Next For Apple?</b></p>\n<p>Bullish technical traders would like to see the stock continue to build higher lows and hold above the higher low trendline. Bulls would also like to see the stock cross above the $140 resistance level with a period of consolidation above the level.</p>\n<p>Bearish technical traders would like to see the stock cross below the higher low trendline for a possible trend change. If the stock can cross below the moving averages, sentiment may turn bearish and the stock may see a strong downward&nbsp;push.</p>\n<p>Apple Inc. is a top holding in the following ETFs:<b>Technology Select Sector SPDR Fund</b>,<b>Fidelity MSCI Information Technology Index ETF</b>,<b>Vanguard Information Technology ETF</b>,<b>ishares U.S. Technology ETF</b>,<b>Direxion Daily Technology Bull 3X Shares</b>.</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>Why Apple Stock Looks Ready To Break Out In The Weeks Ahead</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Apple Stock Looks Ready To Break Out In The Weeks Ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-18 07:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Apple Inc.</b>&nbsp;shares were trading higher Thursday after the Federal Reserve held its rates constant&nbsp;but raised its inflation expectations for the years 2021-2023.</p>\n<p>Seven Fed officials expect increases in rates in 2022, and 13 officials expect rate increases in 2023.</p>\n<p>Apple was up 1.26% at the close Thursday at $131.79.</p>\n<p><img src=\"https://static.tigerbbs.com/e8d456ee2529c0bc9444bb9ad8601434\" tg-width=\"2124\" tg-height=\"1304\"></p>\n<p><b>Apple Daily Chart Analysis</b></p>\n<ul>\n <li>Since September 2020, shares have been forming into what technical traders call an ascending triangle pattern.</li>\n <li>The stock is trading above both the 50-day moving average (green), and the 200-day moving average (blue), indicating sentiment in the stock is bullish.</li>\n <li>Each of these moving averages may hold as an area of support in the future.</li>\n</ul>\n<p><b>Key Apple Levels To Watch</b></p>\n<ul>\n <li>Last week, the stock was able to bounce off support at the higher low trendline. The shares continue to form an ascending triangle pattern and could see a break out of the pattern in the&nbsp;weeks ahead.</li>\n <li>The higher low trendline has acted as support since September 2020 and may again in the future.</li>\n <li>The stock has been building up to a potential resistance mark near $140, as this was an area where the stock previously struggled to cross above.</li>\n</ul>\n<p><b>What’s Next For Apple?</b></p>\n<p>Bullish technical traders would like to see the stock continue to build higher lows and hold above the higher low trendline. Bulls would also like to see the stock cross above the $140 resistance level with a period of consolidation above the level.</p>\n<p>Bearish technical traders would like to see the stock cross below the higher low trendline for a possible trend change. If the stock can cross below the moving averages, sentiment may turn bearish and the stock may see a strong downward&nbsp;push.</p>\n<p>Apple Inc. is a top holding in the following ETFs:<b>Technology Select Sector SPDR Fund</b>,<b>Fidelity MSCI Information Technology Index ETF</b>,<b>Vanguard Information Technology ETF</b>,<b>ishares U.S. Technology ETF</b>,<b>Direxion Daily Technology Bull 3X Shares</b>.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140460323","content_text":"Apple Inc. shares were trading higher Thursday after the Federal Reserve held its rates constant but raised its inflation expectations for the years 2021-2023.\nSeven Fed officials expect increases in rates in 2022, and 13 officials expect rate increases in 2023.\nApple was up 1.26% at the close Thursday at $131.79.\n\nApple Daily Chart Analysis\n\nSince September 2020, shares have been forming into what technical traders call an ascending triangle pattern.\nThe stock is trading above both the 50-day moving average (green), and the 200-day moving average (blue), indicating sentiment in the stock is bullish.\nEach of these moving averages may hold as an area of support in the future.\n\nKey Apple Levels To Watch\n\nLast week, the stock was able to bounce off support at the higher low trendline. The shares continue to form an ascending triangle pattern and could see a break out of the pattern in the weeks ahead.\nThe higher low trendline has acted as support since September 2020 and may again in the future.\nThe stock has been building up to a potential resistance mark near $140, as this was an area where the stock previously struggled to cross above.\n\nWhat’s Next For Apple?\nBullish technical traders would like to see the stock continue to build higher lows and hold above the higher low trendline. Bulls would also like to see the stock cross above the $140 resistance level with a period of consolidation above the level.\nBearish technical traders would like to see the stock cross below the higher low trendline for a possible trend change. If the stock can cross below the moving averages, sentiment may turn bearish and the stock may see a strong downward push.\nApple Inc. is a top holding in the following ETFs:Technology Select Sector SPDR Fund,Fidelity MSCI Information Technology Index ETF,Vanguard Information Technology ETF,ishares U.S. Technology ETF,Direxion Daily Technology Bull 3X Shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115826000,"gmtCreate":1622974397900,"gmtModify":1704193982222,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"to the moon!!!","listText":"to the moon!!!","text":"to the moon!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115826000","repostId":"1156802172","repostType":2,"repost":{"id":"1156802172","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1622950106,"share":"https://ttm.financial/m/news/1156802172?lang=&edition=fundamental","pubTime":"2021-06-06 11:28","market":"us","language":"en","title":"Nio Begins Prepping For Nio Day 2021: What We Know So Far","url":"https://stock-news.laohu8.com/highlight/detail?id=1156802172","media":"Benzinga","summary":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day ","content":"<p>The catalyst that drove&nbsp;<b>NIO Inc.</b>&nbsp;shares to an all-time high of $66.99 earlier this year was Nio Day 2020&nbsp;on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that&nbsp;the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as&nbsp;explained&nbsp;by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates&nbsp;a potential&nbsp;host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than&nbsp;8,000 and&nbsp;available for hosting 10&nbsp;consecutive days sometime between Dec. 1, 2021&nbsp;and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests.&nbsp;The company has been hosting the event since 2017&nbsp;when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020&nbsp;was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent&nbsp;expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</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>Nio Begins Prepping For Nio Day 2021: What We Know So Far</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Begins Prepping For Nio Day 2021: What We Know So Far\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-06 11:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The catalyst that drove&nbsp;<b>NIO Inc.</b>&nbsp;shares to an all-time high of $66.99 earlier this year was Nio Day 2020&nbsp;on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.</p>\n<p>Against this backdrop, it has emerged that&nbsp;the company has started laying the groundwork for the next Nio Day.</p>\n<p><b>What Happened:</b>Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.</p>\n<p>The bidding process as&nbsp;explained&nbsp;by CnEVPost is as follows:</p>\n<p>The applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.</p>\n<p>Nio mandates&nbsp;a potential&nbsp;host city should not have hosted Nio Day in the past eight years.</p>\n<p>The city should have an indoor venue with a seating capacity of more than&nbsp;8,000 and&nbsp;available for hosting 10&nbsp;consecutive days sometime between Dec. 1, 2021&nbsp;and Jan. 15, 2022.</p>\n<p>The company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.</p>\n<p>Following the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.</p>\n<p><b>Why It's Important:</b>Nio Day is an annual event for Nio users and other guests.&nbsp;The company has been hosting the event since 2017&nbsp;when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.</p>\n<p>Nio Day 2020&nbsp;was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.</p>\n<p>Several rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.</p>\n<p>With the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.</p>\n<p>Nio users may also look ahead to more details on the company's recent&nbsp;expansion into Norway.</p>\n<p>At last check Friday at publication, Nio shares were rallying 2.54% to $41.94.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156802172","content_text":"The catalyst that drove NIO Inc. shares to an all-time high of $66.99 earlier this year was Nio Day 2020 on Jan. 9. The stock has pulled back since then and is currently trading roughly 40% off the highs.\nAgainst this backdrop, it has emerged that the company has started laying the groundwork for the next Nio Day.\nWhat Happened:Nio posted on its Nio App that cities can now start bidding for hosting Nio Day 2021, a Nio spokesperson confirmed to Benzinga.\nThe bidding process as explained by CnEVPost is as follows:\nThe applications on behalf of the host city should be submitted by local Nio Clubs, and if a city has more than one Nio Club, a joint bid can be made.\nNio mandates a potential host city should not have hosted Nio Day in the past eight years.\nThe city should have an indoor venue with a seating capacity of more than 8,000 and available for hosting 10 consecutive days sometime between Dec. 1, 2021 and Jan. 15, 2022.\nThe company has provided a time window of June 4 through June 8 for submitting an intent to apply. After conducting preliminary surveys in shortlisted cities from June 9 to June 15, Nio will start receiving applications.\nFollowing the evaluation of applications, the company will shortlist three cities on July 3 and present the list on the Nio App, allowing Nio users to vote July 23 and 24. The final winner will be decided based on the votes.\nWhy It's Important:Nio Day is an annual event for Nio users and other guests. The company has been hosting the event since 2017 when the first Nio Day was in Beijing, where its first mass-produced model, the ES8, debuted.\nNio Day 2020 was held in Chengdu on Jan. 9, 2021. The annual event meant for 2020 was pushed to early 2021 due to the COVID-19 pandemic. The company unveiled its first-ever sedan, named ET7, at the event. It also made product and service-related announcements.\nSeveral rumors have surfaced regarding a mass-market model from Nio under a different brand name. The company could shed some light on this at Nio Day 2021 event.\nWith the ET7 scheduled to be made available commercially in the first quarter of 2022, the company could share more details on the sedan and its launch plans.\nNio users may also look ahead to more details on the company's recent expansion into Norway.\nAt last check Friday at publication, Nio shares were rallying 2.54% to $41.94.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158295774,"gmtCreate":1625150167598,"gmtModify":1703737252298,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Glad I didn’t buy when it’s all time high&nbsp;","listText":"Glad I didn’t buy when it’s all time high&nbsp;","text":"Glad I didn’t buy when it’s all time high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158295774","repostId":"2147481155","repostType":4,"repost":{"id":"2147481155","kind":"highlight","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":1625120976,"share":"https://ttm.financial/m/news/2147481155?lang=&edition=fundamental","pubTime":"2021-07-01 14:29","market":"sh","language":"en","title":"Boom, bust and bewildered: Bitcoin's year so far","url":"https://stock-news.laohu8.com/highlight/detail?id=2147481155","media":"Reuters","summary":"LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a poundin","content":"<p>LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a pounding in 2021.</p>\n<p>The cryptocurrency's journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset.</p>\n<p>Such interest helped push it to a record high just shy of $65,000 in April. Yet in typically capricious fashion, it has since slumped by almost half.</p>\n<p>At the halfway point of the year, the original and biggest cryptocurrency is up around 20% year-to-date. Here are some charts that tell the story of bitcoin's year so far.</p>\n<p><b>1/STILL VOLATILE</b></p>\n<p>Wild price swings have been a defining feature of bitcoin throughout its near 13-year life. The first half of 2021 has been no different, despite hopes that greater liquidity in markets and stronger infrastructure would dampen swings.</p>\n<p>Bitcoin more than doubled from the start of the year to its all-time high of $64,895 hit in mid-April, before slumping by over half in just five weeks as regulators across the world - especially China - cracked down on cryptocurrencies.</p>\n<p>In May alone bitcoin lost 35%, in its worst month since 2018. Last week it fell under $30,000 for the first time since January, briefly wiping out its year-to-date gains.</p>\n<p>Many larger investors also left the bitcoin market after prices spiked in the first quarter, with some shifting to gold, according to JP Morgan analyst Nikolaos Panigirtzoglou.</p>\n<p>\"What we found out in the second quarter was that actually demand for bitcoin is price sensitive,\" he said. \"Some institutional investors started getting out of bitcoin in April ... they thought bitcoin prices were too high relative to gold.\"</p>\n<p><b>2/BITCOINS OR ALTCOINS?</b></p>\n<p>Bitcoin has attracted the lion's share of the headlines so far this year. Yet many of its smaller digital currency rivals - known as the altcoins - have posted bigger gains.</p>\n<p>Ether , the second-largest cryptocurrency, has nearly trebled so far this year, bolstered by a surge in the so-called decentralised finance sector. \"DeFi\" often uses its underlying blockchain technology to offer financial services without traditional middlemen such as banks.</p>\n<p>Signs that the ethereum blockchain is gaining traction with mainstream financial firms has also fuelled gains.</p>\n<p>XRP , the seventh-largest coin, has gained a similar amount. Other once-obscure coins such as dogecoin, started in 2013 as a joke, have also far outpaced bitcoin, with investors drawn to the prospect of quick gains. Dogecoin is up over 5,000% so far this year.</p>\n<p><b>3/OUTPACED BY MEME STOCKS</b></p>\n<p>Retail investors have embraced bitcoin this year, attracted by narratives that it can act as a hedge against inflation and as a future payment method.</p>\n<p>Also driving gains has been a perception that it is a vehicle for quick gains - a perceived quality shared by another 2021 financial market phenomenon: \"meme\" stocks, whose value is propelled by social-media buzz.</p>\n<p>GameStop Corp and AMC Entertainment Holdings, two of the leading meme stocks, soared in the first quarter along with bitcoin, fuelled by retail investors with spare cash and free time because of coronavirus stimulus lockdowns.</p>\n<p>Yet the assets have since decoupled, with bitcoin's gains for the year so far outpaced by GameStop - up more than 1,000% - and AMC Entertainment, which has surged over 2,500%.</p>\n<p>\"It's just an extension of free money just going crazy and so I think that has somewhat you can see that rippling over into cryptocurrencies,\" said Joel Kruger, a strategist at crypto exchange LMAX Digital.</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>Boom, bust and bewildered: Bitcoin's year so far</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\">\nBoom, bust and bewildered: Bitcoin's year so far\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\">2021-07-01 14:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a pounding in 2021.</p>\n<p>The cryptocurrency's journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset.</p>\n<p>Such interest helped push it to a record high just shy of $65,000 in April. Yet in typically capricious fashion, it has since slumped by almost half.</p>\n<p>At the halfway point of the year, the original and biggest cryptocurrency is up around 20% year-to-date. Here are some charts that tell the story of bitcoin's year so far.</p>\n<p><b>1/STILL VOLATILE</b></p>\n<p>Wild price swings have been a defining feature of bitcoin throughout its near 13-year life. The first half of 2021 has been no different, despite hopes that greater liquidity in markets and stronger infrastructure would dampen swings.</p>\n<p>Bitcoin more than doubled from the start of the year to its all-time high of $64,895 hit in mid-April, before slumping by over half in just five weeks as regulators across the world - especially China - cracked down on cryptocurrencies.</p>\n<p>In May alone bitcoin lost 35%, in its worst month since 2018. Last week it fell under $30,000 for the first time since January, briefly wiping out its year-to-date gains.</p>\n<p>Many larger investors also left the bitcoin market after prices spiked in the first quarter, with some shifting to gold, according to JP Morgan analyst Nikolaos Panigirtzoglou.</p>\n<p>\"What we found out in the second quarter was that actually demand for bitcoin is price sensitive,\" he said. \"Some institutional investors started getting out of bitcoin in April ... they thought bitcoin prices were too high relative to gold.\"</p>\n<p><b>2/BITCOINS OR ALTCOINS?</b></p>\n<p>Bitcoin has attracted the lion's share of the headlines so far this year. Yet many of its smaller digital currency rivals - known as the altcoins - have posted bigger gains.</p>\n<p>Ether , the second-largest cryptocurrency, has nearly trebled so far this year, bolstered by a surge in the so-called decentralised finance sector. \"DeFi\" often uses its underlying blockchain technology to offer financial services without traditional middlemen such as banks.</p>\n<p>Signs that the ethereum blockchain is gaining traction with mainstream financial firms has also fuelled gains.</p>\n<p>XRP , the seventh-largest coin, has gained a similar amount. Other once-obscure coins such as dogecoin, started in 2013 as a joke, have also far outpaced bitcoin, with investors drawn to the prospect of quick gains. Dogecoin is up over 5,000% so far this year.</p>\n<p><b>3/OUTPACED BY MEME STOCKS</b></p>\n<p>Retail investors have embraced bitcoin this year, attracted by narratives that it can act as a hedge against inflation and as a future payment method.</p>\n<p>Also driving gains has been a perception that it is a vehicle for quick gains - a perceived quality shared by another 2021 financial market phenomenon: \"meme\" stocks, whose value is propelled by social-media buzz.</p>\n<p>GameStop Corp and AMC Entertainment Holdings, two of the leading meme stocks, soared in the first quarter along with bitcoin, fuelled by retail investors with spare cash and free time because of coronavirus stimulus lockdowns.</p>\n<p>Yet the assets have since decoupled, with bitcoin's gains for the year so far outpaced by GameStop - up more than 1,000% - and AMC Entertainment, which has surged over 2,500%.</p>\n<p>\"It's just an extension of free money just going crazy and so I think that has somewhat you can see that rippling over into cryptocurrencies,\" said Joel Kruger, a strategist at crypto exchange LMAX Digital.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","AMC":"AMC院线","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147481155","content_text":"LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a pounding in 2021.\nThe cryptocurrency's journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset.\nSuch interest helped push it to a record high just shy of $65,000 in April. Yet in typically capricious fashion, it has since slumped by almost half.\nAt the halfway point of the year, the original and biggest cryptocurrency is up around 20% year-to-date. Here are some charts that tell the story of bitcoin's year so far.\n1/STILL VOLATILE\nWild price swings have been a defining feature of bitcoin throughout its near 13-year life. The first half of 2021 has been no different, despite hopes that greater liquidity in markets and stronger infrastructure would dampen swings.\nBitcoin more than doubled from the start of the year to its all-time high of $64,895 hit in mid-April, before slumping by over half in just five weeks as regulators across the world - especially China - cracked down on cryptocurrencies.\nIn May alone bitcoin lost 35%, in its worst month since 2018. Last week it fell under $30,000 for the first time since January, briefly wiping out its year-to-date gains.\nMany larger investors also left the bitcoin market after prices spiked in the first quarter, with some shifting to gold, according to JP Morgan analyst Nikolaos Panigirtzoglou.\n\"What we found out in the second quarter was that actually demand for bitcoin is price sensitive,\" he said. \"Some institutional investors started getting out of bitcoin in April ... they thought bitcoin prices were too high relative to gold.\"\n2/BITCOINS OR ALTCOINS?\nBitcoin has attracted the lion's share of the headlines so far this year. Yet many of its smaller digital currency rivals - known as the altcoins - have posted bigger gains.\nEther , the second-largest cryptocurrency, has nearly trebled so far this year, bolstered by a surge in the so-called decentralised finance sector. \"DeFi\" often uses its underlying blockchain technology to offer financial services without traditional middlemen such as banks.\nSigns that the ethereum blockchain is gaining traction with mainstream financial firms has also fuelled gains.\nXRP , the seventh-largest coin, has gained a similar amount. Other once-obscure coins such as dogecoin, started in 2013 as a joke, have also far outpaced bitcoin, with investors drawn to the prospect of quick gains. Dogecoin is up over 5,000% so far this year.\n3/OUTPACED BY MEME STOCKS\nRetail investors have embraced bitcoin this year, attracted by narratives that it can act as a hedge against inflation and as a future payment method.\nAlso driving gains has been a perception that it is a vehicle for quick gains - a perceived quality shared by another 2021 financial market phenomenon: \"meme\" stocks, whose value is propelled by social-media buzz.\nGameStop Corp and AMC Entertainment Holdings, two of the leading meme stocks, soared in the first quarter along with bitcoin, fuelled by retail investors with spare cash and free time because of coronavirus stimulus lockdowns.\nYet the assets have since decoupled, with bitcoin's gains for the year so far outpaced by GameStop - up more than 1,000% - and AMC Entertainment, which has surged over 2,500%.\n\"It's just an extension of free money just going crazy and so I think that has somewhat you can see that rippling over into cryptocurrencies,\" said Joel Kruger, a strategist at crypto exchange LMAX Digital.","news_type":1},"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159711811,"gmtCreate":1624979711133,"gmtModify":1703849454634,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"It reached 1 trillion value right.. is it good time to buy?","listText":"It reached 1 trillion value right.. is it good time to buy?","text":"It reached 1 trillion value right.. is it good time to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/159711811","repostId":"1100563900","repostType":2,"repost":{"id":"1100563900","kind":"news","pubTimestamp":1624956396,"share":"https://ttm.financial/m/news/1100563900?lang=&edition=fundamental","pubTime":"2021-06-29 16:46","market":"us","language":"en","title":"Facebook: Simply Unstoppable","url":"https://stock-news.laohu8.com/highlight/detail?id=1100563900","media":"seekingalpha","summary":"The #StopHateforProfit Campaign, antitrust allegations, Apple IDFA issue, and a host of other historical issues have not stopped the social media giant and will not stop it.Despite an impressive rally delivering 65% since the start of CY20 and 26% YTD, Facebook remains undervalued relative to its peers and the FAANG stocks with the best forward estimates.The strong moat originating from their sheer user base, and sizeable TAMs in E-commerce, VR/AR, digital assets , cumulatively make for a compel","content":"<p><b>Summary</b></p>\n<ul>\n <li>The #StopHateforProfit Campaign, antitrust allegations, Apple IDFA issue, and a host of other historical issues have not stopped the social media giant and will not stop it.</li>\n <li>Despite an impressive rally delivering 65% since the start of CY20 and 26% YTD, Facebook remains undervalued relative to its peers and the FAANG stocks with the best forward estimates.</li>\n <li>The strong moat originating from their sheer user base, and sizeable TAMs in E-commerce, VR/AR, digital assets (DIEM), cumulatively make for a compelling growth story.</li>\n <li>Although the company is highly controversial and rightfully so, this article focuses more on the quantitative analysis and less on the morals and ethics behind this investment. That, we shall leave to you.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b3414073b72a391e760025594ec111f\" tg-width=\"768\" tg-height=\"528\"><span>nemke/E+ via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Facebook (FB) has had a volatile trading period the past few years with a general uptrend, delivering shareholders nice returns whilst subjecting them to a few major dips which presented investors an opportunity for a steal. Despite the controversy and headline risks every now and then, the company has been able to battle through them and emerge ever so stronger. The company’s financials have been holding up and shows no sign of stoppage anytime soon. In a time as such, with significant uncertainty in the macro environment and inflation fears creeping up, we believe that shifting some of your assets to high cashflow generating companies is a wise strategy that will pay off. Growth and value are 2 different things, and there still exists growth companies that are undervalued and can still generate substantial cashflow, and we believe Facebook is one of them. The company also remains to be one of the more attractive blue-chip stocks compared to the others in the FAANG. We employ a 3–5-year outlook and have been bullish since USD$200/share. Let’s Begin!</p>\n<p><b>What is Facebook</b></p>\n<p>Known to all, Facebook is a social media giant with a family of products including the likes of Facebook, Instagram,WhatsApp, Messenger, and now Oculus. The firm essentially has a stronghold in the social media industry and has an impressive DAP of2.72 BN as of Q1’21and MAP of 3.45 BN.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3d08f4df186c4705a5300f40d6b8a5e\" tg-width=\"640\" tg-height=\"429\"><span>(Source:FB Q1’21 Presentation)</span></p>\n<p>The world has7.874 BNpeople as of the time of this writing and that would mean that 43.8% of all the people in the world use some form of product from Facebook’s portfolio in the past 30 days. On a daily basis, 34.5% of the people in the world use it. If that isn’t a sticky service, nothing really is. If we were to focus on the usage of the Facebook app solely, 23.8% of the world logs into the app daily based on DAUs.</p>\n<p>The firm was founded in 2004 and generates the majority of their revenue from advertisements. If you have watched the social dilemma on Netflix, you would realize that Facebook’s real customer isn’t everyday users. Instead, users are the product, and they are being sold to advertisers. The company has created such an engaging and sticky service that users are more than happy to be using their apps, despite knowing that their data is being sold from one company to another. As appalling as it is, they’re indifferent to it all and still find the value in using the company’s products on a daily basis – keeping in touch with distant relatives, chatting with friends, staying up to date with the latest fashion trends and news… (According to the&nbsp;Pew Research Center, more than a 1/3 of US adults say they get their news regularly from Facebook)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7cb9d05bb00f3038cec301c72ef56827\" tg-width=\"608\" tg-height=\"378\"><span>(Source:Pew Research Center)</span></p>\n<p>To Facebook, this is equally as good as the more users, the wider the ‘product’ base that they have to offer their customers - advertisers. Advertisers are also indifferent to how Facebook attains its data, so long as Facebook’s targeting metrics and trackers are working well, the more likely it is that they are able to generate conversions. The more conversions, the more sales for them, the more ads they continue to pay for, the more revenue Facebook generates. Win-Win-Win, their apps are the bait, and the product (users), customers (advertisers), and supplier (Facebook), all walk away winners. It’s a remarkable business model that has stood the test of time and no matter the amount of controversy around the business, founders, and its practices, it isn’t going anywhere anytime soon and for one simple reason: Users likely can’t do without Facebook’s products whether they are willing to admit it or not.</p>\n<p>When we look back in the past to reflect on how the #StopHateForProfit Campaign turned out for the company, it is apparent that the impact it had on the top and bottom line were both minimal. The boycott was one that arose due to Facebook’s bad hate speech regulations and policing, and because of the laissez-faire attitude toward posts from then President, Donald Trump. More than&nbsp;1000 companies publicly committed&nbsp;to boycotting the social media giant in June/July (coinciding with end Q2 and start Q3) and many of the top 100 advertisers based on ad spend such as Nike, Adidas, Puma, Coca-Cola, all revised their budgets downwards.</p>\n<p>Despite this, Facebook&nbsp;beat on Q2 earnings&nbsp;and saw an increase of&nbsp;10.7% YOY. In its forward guidance, the company also announced that for July, they were anticipating a slowdown in YoY growth of 17% but was still due to see a 10% increase. They alsoanticipatedthe slowdown in growth to last through till October. However, the company did not attribute this slowdown to the boycott specifically but to 3 other major headwinds. With the benefit of hindsight, we can now see that even for Q3’20, the firm saw an impressive 21.6% rise in its top line, with the bottom line still registering a 12.2% improvement in NPM for Q2’20 YoY and a 200 bps NPM improvement in Q3.</p>\n<p>The results are clear and indicative of a few things. The boycott by the largest companies did little to Facebook’s financial story as they still managed to register growth and did not see significant pullbacks that were material. This can be tied to the fact that most of Facebook’s advertisers are SMBs. Although certain few SMBs did join the boycott, most didn’t, and the firm still had their impressive 9 million + customer base to rely on. If anything, this also suggests that despite what any SMB stands for and whether they agree with a social cause or not, it is hard for them to find alternatives that they can shift to on a similar pricing scale. Big brands can easily pivot to other advertisements such as TV and radio commercials but SMBs simply can’t because of smaller budgets. Lastly, it is now clear that the campaign affected Facebook’s reputation more so than it did its cashflow.</p>\n<p><b>Risks</b></p>\n<p>Other risks that the company may face would be future antitrust lawsuits. As it is, the company is already facing allegations of being a monopoly based on their aggressive acquisitive history having acquired more than90 other companiessince inception. They were alsofined US$5 BNby the FTC in 2019 and were required to adopt their policies and employ new protections for the users and their data that has been shared.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f694ca79d59162e95f05335ebefbca3d\" tg-width=\"640\" tg-height=\"384\"><span>(Source: TIKR.com)</span></p>\n<p>Though representative of a historic penalty and the largest ever imposed on a company for violating user’s privacy rights, the US$5BN was a drop in the bucket for the giant that went on to generate US$70+ BN dollars for the year.</p>\n<p>The current issues that they have with Apple’s new iOS changes and the IDFA implications are also likely not going to have a substantial impact on the firm. The Identifier for Advertisers [IDFA] is a random device identifier assigned by Apple to a user's device. Advertisers use this to track data so they can deliver customized advertising on mobile. With the new iOS changes, Apple essentially programmed it such that each app that wants to use these identifiers will have to ask users to opt in for tracking when the app is first launched. If users opt out, the app can’t track certain data and Facebook will have a smaller database of points to rely upon. As consumer preferences change, so will Facebook’s targeting that relies on IDFAs get worse and less effective due to outdated data points.</p>\n<p>According to aCNBC article:</p>\n<blockquote>\n Most critically at stake for Facebook is what’s known as view-through conversions. This metric is used by ad-tech companies to measure how many users saw an ad, did not immediately click on it, but later made a purchase related to that ad.”\n</blockquote>\n<p>When the conversion is made later on, the data IDFA for that particular user is then shared by the retailer to Facebook which is then used by the company to see if it matches the IDFA of the user who saw the ad. If they pair, it indicates that the ad was useful in generating a conversion. This data performance is then relayed to advertisers so that they can tweak their ad strategies accordingly. Withas much as 96% of usersanticipated to opt out of tracking on all apps, this would mean that mobile ads on 3rdparty apps may no longer be as useful if Facebook cannot really judge its effectiveness anymore. The more ineffective the ads become, the less conversions for retailers, and the more they pivot to other advertising platforms, which will impact the revenues for the firm.</p>\n<p>However, Facebook has disclosed that this will particularly only affect one form of advertisement which relies heavily on the IDFA, known as Audience Networks. Fortunately, the audience network segment only represents less than 10% of the firm’s total revenues. With the impact estimating to cost a drop in50% of all ads deliveredand hence sales from this segment, this would atbest represent a 5% drop in their total revenues. With that said, we do not anticipate that this will be present significant impact moving forward and the firm can easily recoup the 5% loss at worse by focusing on increasing ARPUs and user engagement to save their core business.</p>\n<p>Though Facebook started by disclosing that they anticipated the impact on their revenues to be large at first, this no longer seems to be the case. If anything, history has shown us that Mark is not one to back down and if he doesn’t get his way, he damn well will find another way to minimise loss and increase revenue generation in other segments to make up for it. If you aren’t too involved in the technicalities, we think it’s safe to bet on the jockey in this case. Besides, AR / VR growth,WhatsApp monetization, Reels monetization, further user growth in less developed countries away from the legacy North America and Europe region can very well pick up the lost (US$5BN) in sales.</p>\n<p><b>Moat</b></p>\n<p>As mentioned above, the DAUs and MAUs for Facebook are very impressive with a large portion of the world using at least 1 of their products. The moat for the business relies on the wide user base that Facebook has meticulously built over the course of 17 years. With any new product that they have, the firm can easily roll it out to their database of users and expect demand to pick up in a matter of weeks, maybe even days. That is the power of the network of Facebook that really can’t be valued.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2057a83640201edd89430e754f3f8525\" tg-width=\"640\" tg-height=\"431\"><span>(Source: FB Q1’21 Presentation)</span></p>\n<p>Despite the controversy, endless allegations, and negative headlines one after the other, the numbers don’t lie. DAUs have been increasing every single quarter, with the fastest growth observed in Asia-Pacific and the rest of the world. US &amp; Canada growth has slowed as it nears saturation levels, and this is perfectly normal and to be expected. The way we anticipate Facebook to grow their core cash cow business moving forward is clean. 1) Focus on growing ARPUs in their saturated legacy areas (US &amp; Canada and Europe) as well as 2) Increase User Growth by Geography in their growth areas (Asia-Pacific and the Rest of the World). Unsurprisingly, Facebook has been focused on doing just that.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce3456321584d2eea288f7e410215571\" tg-width=\"640\" tg-height=\"388\"><span>(Source: FB Q1’21 Presentation)</span></p>\n<p>When we look to the infamous metric for judging social media companies and their performance – ARPUs, we can see that in the legacy areas, ARPUs have been increasing at a faster pace than compared to growth areas. This falls in line with point number 1 as mentioned above. The legacy areas have already reached saturation levels and user growth is unable to grow at astounding rates anymore. However, since this represent areas that are more developed and generally have higher disposable incomes on the average, focusing on increasing ARPUs and monetizing advertisers is the right strategy and a very feasible one. Though the growth areas are also seeing ARPUs grow YoY as they should, they are not at the same pace as in the US &amp; Canada and Europe. When we look to revenue generated by geography below, this confirms the thesis that revenue is growing faster than user base in those areas, and since ARPU equal to (Total Revenue from that Geography / Number of Users in that area), so long revenue is growing at a faster pace than the user base, they should increase meaningfully.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/84eaec3de9bafd595bf4ecf9ffdae16a\" tg-width=\"640\" tg-height=\"430\"><span>(Source: FB Q1’21 Presentation)</span></p>\n<p>When we look to the slide below, it is also apparent that user numbers are growing much faster in Asia-Pacific and the rest of the world, away from the legacy areas. Across 2 years, MAUs which is the broadest business performance metric employed by Facebook, grew 22.4% and 25.4% in the growth areas while they only grew a mere 6.6% in US &amp; Canada and 10.2% in Europe.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d72be6c3ca7eb809567503ffc1d4ed9\" tg-width=\"640\" tg-height=\"395\"><span>(Source: FB Q1’21 Presentation)</span></p>\n<p>If Facebook can continue to grow their user engagement numbers in the growth areas whilst maximizing ARPUs in legacy areas, the company can easily ensure that the core advertising model will remain the cash cow of the business, funding growth for their other product developments.</p>\n<p><b>Growth Tactics</b></p>\n<p>When we look to potential growth Facebook has, the company isn’t short of any. Facebook has moved to monetizeWhatsApp, where they plan to generate fees from payments made within the app itself as well as through in-app status advertisements. The company is essentially trying to integrate the growth and TAM of the E-commerce market more seamlessly into their family of products including the likes ofWhatsApp. ThroughFacebook Pay, users can now engage in peer-to-peer payments withinWhatsApp itself at no cost. However, when businesses receive a fee from customers through the app itself, they will then have to pay a small ‘processing fee’ to Facebook and this is where it profits. This is the same method that is being employed by Shopify and all the other payment processing channels just that it is now being done locally inWhatsApp itself.WhatsApp payments has launched in Brazil, the 2nd largest market by users and the fee stands at 3.99%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d1d27ff399e3e6fdfbc44a3ff1fb6e6\" tg-width=\"640\" tg-height=\"557\"><span>(Source:Facebook Newsroom)</span></p>\n<p>The firm has also been trying to grow their presence in the E-commerce market and reduce the friction customers experience when clicking through ads on its platforms. Both Instagram checkout and Facebook shops are aimed at doing just that. Their shops solutions are also expanding toWhatsApp, and the marketplace as observed above. The company sees a major shift to online shopping even after the grand reopening of the economies. As part of its effort over the years, they now have 1.2M active shops across their platforms and more than 300M monthly shop visitors. Thelatest releasestates that:</p>\n<blockquote>\n Soon, we’ll give businesses in select countries the option to showcase their Shop inWhatsApp. In the US, we’ll enable them to bring Shops products into Marketplace, helping them reach the more than 1 billion people globally who visit each month.\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38d87012cd9e376a0bed27a095b01828\" tg-width=\"640\" tg-height=\"418\"><span>(Source:Facebook Newsroom)</span></p>\n<p>What’s even more fascinating is the fact that Facebook now plans to integrate new technologies such as AR Dynamic Ads to power the future of shopping. New visual discovery tools on their platforms like Instagram will help customers find new products that they resonate with faster than ever before and help them to visualize their products with AR experiences that they have been working on for a long time now.</p>\n<p>Their continued expansion in the AR/VR market along with the rollout of DIEM, their native digital currency functioning as a stablecoin that was once under the “Libra Project” also presents good growth opportunity in the near future. Facebook is also looking to introducepodcasts and live audio streamsas part of the beginning of their audio journey. In short, Facebook still has a lot of room to grow moving forward apart from looking to squeeze out more cash from their legacy advertising business model. However, as always, product development is one thing, but the financials do need to shape up as well and with Facebook it does.</p>\n<p><b>Financials</b></p>\n<p>Of the FAANG stock group, Facebook enjoys one of the highest margins. The company saw 80.55% in GM in Q1’21 and even in the past, it has enjoyed such high margins, trading between 80.5% to as high as 86.6% in FY17. The chart below also clearly indicates that the remarkable margins trickle down to the bottom line and aren’t wiped out due to operating expenses, registering a NPM of 35.7%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1367468f26c73bde43f494b2b7fb49d6\" tg-width=\"635\" tg-height=\"467\"><span>Data by YCharts</span></p>\n<p>FB also routinely spends a large portion of their revenues on R&amp;D, reinvesting into the business YoY to further improve their products and innovate on new ones. In 2020 the R&amp;D expense represented 21.5% of total sales.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4b923685aa0489833ae8f50fcddf3601\" tg-width=\"640\" tg-height=\"384\"><span>(Source: TIKR.com)</span></p>\n<p>A large chunk of the firms’ revenues is also retained on the balance sheet which is then used over the years to funnel money to continue their acquisitive culture. Despite this, the strong cashflow that the firm enjoys allows it to stay at the top of their industry in terms of innovation whilst ensuring that their treasure trove of cash is growing should there be a need to deploy it. When we look to liquid cash that the firm holds (Cash &amp; Equivalents, and STI), Facebook has grown it at a tremendous CAGR of 26.2%. Net Debt has also just been becoming less of a concern over the years. To date, even after the pandemic, Facebook has no debt.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/13b40cadc31458233d0ea83ce4917c33\" tg-width=\"640\" tg-height=\"384\"><span>(Source: TIKR.com)</span></p>\n<p>Given the data above, it is evident that the firm has one of the most pristine balance sheets in the industry and in the whole stock market. The US$62 BN that they hold as cash presents itself as a massive buffer to cushion the impact of whatever comes their way, be it another acquisitive opportunity, or yet another fine. Either way, the company can weather any financial storm and near balance sheet issues aren’t a problem. Shareholders aren’t too pleased with the cash pile just sitting there and would instead rather the firm start paying a dividend or pick up the pace in share buybacks to maximize investor returns. Facebook has never paid a dividend in its entirety and although they may consider that moving forward, we anticipate that it is not a move that they will commit to. In any case, we ourselves hope that they commit to more share buybacks instead of moving to issue a dividend.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f5b82506a0385a1265c494b21462678\" tg-width=\"640\" tg-height=\"43\"><span>(Source:Q1 10-K Filing SEC)</span></p>\n<p>In their 10-K filing, the company expanded their SRP program to include an additional US$25 BN which will be added atop the US$8.6 BN remaining from a 2017 authorization. That amounts to a current authorized SRP valued at around US$33.6 BN and we anticipate that this may further increase substantially moving forward. Despite outstanding shares reducing overtime, a large part is offset by additional equity issued as part of SBC to employees. It is disappointing that the firm isn’t making more of a definitive move to put that cash pile to use but this is nonetheless not a major red flag.</p>\n<p><b>Valuations</b></p>\n<p>Being a blue-chip company with strong FCF, we would normally value the social media giant with a DCF model. Today, however, we will be looking at EV/Sales and P/E Ratios to try and justify its future valuation, looking 3 years out as always to end 2023.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0878b205b837634b7d2528f57ebe84fc\" tg-width=\"640\" tg-height=\"321\"><span>(Source:Seeking Alpha)</span></p>\n<p>Looking 3 years out to end 23, Facebook is projected to grow revenues at an average of 23.4%, with growth in the 30s for this fiscal year. That would mean that Facebook is anticipated to grow revenues to US$160.8 BN by end 2023, up 87% from what they delivered in FY20 in 3 years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1707f8cfee45ce9ebb0e3ac961e78f48\" tg-width=\"640\" tg-height=\"338\"><span>(Source: TIKR.com)</span></p>\n<p>Since 2018, the firm has traded at an average EV/Sales of 8.85, and last exchanged hands at a multiple of 9.76. Although the firm is trading at a multiple above its mean and higher than any of the other stocks as part of the FAANG group, Facebook does have higher estimates than all the other companies in the near future as observed below. The data does not reflect estimates for 2023.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/444e1473e814530e2332cea02637af53\" tg-width=\"640\" tg-height=\"384\"><span>(Source: TIKR.com)</span></p>\n<p>Moreover, when we look further into the past all the way back to 2013, the company has historically traded at an average of 12.82 and even registered a high close to 22 in 2014. However, since we want to be conservative, but believe that the market has yet to really price Facebook for what it’s worth given all the headline risks in the media that have induced immediate selloffs without any fundamental reason, we will employ a multiple of 9.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8494d3084eed106a9cb0bff0f27cfe7a\" tg-width=\"640\" tg-height=\"384\"><span>(Source: TIKR.com)</span></p>\n<p>At an EV/Sales multiple of 9, that would put Facebook at a US$1.447 TRN dollar valuation by the end of 2023 and a share price of US$539, an upside of 58%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55014da5e82d1a67caaeb34766b35940\" tg-width=\"640\" tg-height=\"294\"><span>(Source:Seeking Alpha)</span></p>\n<p>When we look to revenue surprise and analyst estimate beat / miss trends, Facebook has quite the historical track record of surpassing estimates, having done so 10/12 times in the past 3 years. The average upside surprise stands at 3.59%. Assuming Facebook will continue to deliver the same upside surprise moving forward, a 3.59% beat to the top line estimate of 2023 would warrant revenues of US$166.57 BN. At the same EV/Sales ratio of 9, that would render a higher valuation of US$558.77 USD. Given that Facebook is very close to crossing the US$1 TRN dollar valuation mark, we anticipate this to be a very realistic price target.</p>\n<p>Now shifting on to another valuation method by P/E multiples, the valuation also paints a similar picture.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d67f3c257657bc10ee6be38c16d2a1f\" tg-width=\"640\" tg-height=\"207\"><span>(Source:Seeking Alpha)</span></p>\n<p>Turning to earnings estimates, the company is also projected to do high-teens digit growth for 2022 and 2023 and a close to 30% growth in the bottom line for this fiscal year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe26a8eabec7045dc5a904497737623\" tg-width=\"635\" tg-height=\"501\"><span>Data by YCharts</span></p>\n<p>Despite trading at the highest EV / Sales ratio of the FAANG stocks, Facebook is trading at the lowest TTM normalized PE Ratio amongst its peers, with the inclusion of Microsoft (FANGMA). This is likely due to the market failing to internalize and appreciate the company’s high NPM and profitability. Currently trading at a P/E ratio of 29.14, this is also below its historical means of as high as 60+ in 2016.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/247661f12f62820f6266763f49531355\" tg-width=\"635\" tg-height=\"417\"><span>Data by YCharts</span></p>\n<p>However, given that earnings have improved dramatically since and likely won’t be revisiting those levels as seen from the forward estimates, we will stick with what we believe to be a fair multiple for the stickiest company in the world, 30. At a P/E ratio of 30, that would put the end 2023 share price somewhere near levels of US$531.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce908799f1bf9091b49b94e03db7e476\" tg-width=\"640\" tg-height=\"284\"><span>(Source:Seeking Alpha)</span></p>\n<p>However, because of a surprisingly good earnings-beat track record once again, this has to be factored in moving forward. Of the last 3 years, Facebook has beat earnings 11/12 times. The average beat comes in at 15.72%. If we were to stick to a similar but more conservative beat of say 7%, that would put 2023 normalized earnings at 18.93. The exact same P/E ratio would now warrant a realistic share price of US$567.8, an upside of 66.3%.</p>\n<p>With all 4 estimates using different methods and assumptions with different levels of conservatism employed delivering a potential share price anywhere between US$531 and US$568, it would be fair to conclude that this is a realistic price target for the cashflow king 3 years out into the future. At the low end of estimates of US$531, this is still indicative of a 55% upside.</p>\n<p><b>Investor Takeaways</b></p>\n<p>To conclude, we believe Facebook has a very strong future ahead and the projected numbers for both the Topline and Bottom line are indicative of potential upside. We place significant emphasis on forward estimates as markets are future discounting mechanisms that react accordingly. The company enjoys unbelievably high margins, has a pristine balance sheet with absolutely no debt, and is anticipated to keep raking in high revenues with strong cashflow numbers.</p>\n<p>With so many growth opportunities such as the monetization ofWhatsApp, AR/VR, shops, marketplace growth, DIEM, and the continued growth in its legacy advertisement business both in terms of MAP and ARPUs, Facebook is here to stay and is nowhere near exhausting its full potential. The sizeable TAMs in each of the different business segments combined with other opportunities such as Facebook Reels which we did not cover, and the fact that it has yet to have been monetized, all point to a bright future.</p>\n<p>That being said, it is a given that the company will face many other bumps along moving forward. Facebook will continue to be subjected to what we call ‘headline risks’ whereby the stock will be overly sold off to the downside based upon nothing fundamental but one-sided exaggerated narratives. This we believe presents the best time to pick up shares and accumulate for the long run. Facebook has been perceived to have engaged in a lot of dubious unethical behaviour surrounding user data but like we said, that is separate from the investment opportunity the company presents and we will leave that to you to decide. Granted that there are many reasons surrounding the company's beat-down reputation, the return on invested capital is a different story and the main one to be focused on when considering if a company is a good investment or not.</p>\n<p>End day, when it comes to blue-chip stocks that have a firm hold in the industry, good sticky products, and solid financials, it is hard for the stock not to trend up overtime so long as estimates paint a bright picture and most importantly, the markets continue to value them in the same rational way. This has not always been the case and can be easily seen from Microsoft’s outperformance hiatus when the Dot Com bubble crashed, and the stock took 17 years to put in a new high. Still, we believe blue chip stocks are a good bet as of now and should be a part of everyone’s portfolio, and Facebook presents the best buy of the FAANG from our perspective. Till next time!</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>Facebook: Simply Unstoppable</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\">\nFacebook: Simply Unstoppable\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 16:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4437000-facebook-simply-unstoppable><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe #StopHateforProfit Campaign, antitrust allegations, Apple IDFA issue, and a host of other historical issues have not stopped the social media giant and will not stop it.\nDespite an ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437000-facebook-simply-unstoppable\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4437000-facebook-simply-unstoppable","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100563900","content_text":"Summary\n\nThe #StopHateforProfit Campaign, antitrust allegations, Apple IDFA issue, and a host of other historical issues have not stopped the social media giant and will not stop it.\nDespite an impressive rally delivering 65% since the start of CY20 and 26% YTD, Facebook remains undervalued relative to its peers and the FAANG stocks with the best forward estimates.\nThe strong moat originating from their sheer user base, and sizeable TAMs in E-commerce, VR/AR, digital assets (DIEM), cumulatively make for a compelling growth story.\nAlthough the company is highly controversial and rightfully so, this article focuses more on the quantitative analysis and less on the morals and ethics behind this investment. That, we shall leave to you.\n\nnemke/E+ via Getty Images\nInvestment Thesis\nFacebook (FB) has had a volatile trading period the past few years with a general uptrend, delivering shareholders nice returns whilst subjecting them to a few major dips which presented investors an opportunity for a steal. Despite the controversy and headline risks every now and then, the company has been able to battle through them and emerge ever so stronger. The company’s financials have been holding up and shows no sign of stoppage anytime soon. In a time as such, with significant uncertainty in the macro environment and inflation fears creeping up, we believe that shifting some of your assets to high cashflow generating companies is a wise strategy that will pay off. Growth and value are 2 different things, and there still exists growth companies that are undervalued and can still generate substantial cashflow, and we believe Facebook is one of them. The company also remains to be one of the more attractive blue-chip stocks compared to the others in the FAANG. We employ a 3–5-year outlook and have been bullish since USD$200/share. Let’s Begin!\nWhat is Facebook\nKnown to all, Facebook is a social media giant with a family of products including the likes of Facebook, Instagram,WhatsApp, Messenger, and now Oculus. The firm essentially has a stronghold in the social media industry and has an impressive DAP of2.72 BN as of Q1’21and MAP of 3.45 BN.\n(Source:FB Q1’21 Presentation)\nThe world has7.874 BNpeople as of the time of this writing and that would mean that 43.8% of all the people in the world use some form of product from Facebook’s portfolio in the past 30 days. On a daily basis, 34.5% of the people in the world use it. If that isn’t a sticky service, nothing really is. If we were to focus on the usage of the Facebook app solely, 23.8% of the world logs into the app daily based on DAUs.\nThe firm was founded in 2004 and generates the majority of their revenue from advertisements. If you have watched the social dilemma on Netflix, you would realize that Facebook’s real customer isn’t everyday users. Instead, users are the product, and they are being sold to advertisers. The company has created such an engaging and sticky service that users are more than happy to be using their apps, despite knowing that their data is being sold from one company to another. As appalling as it is, they’re indifferent to it all and still find the value in using the company’s products on a daily basis – keeping in touch with distant relatives, chatting with friends, staying up to date with the latest fashion trends and news… (According to the Pew Research Center, more than a 1/3 of US adults say they get their news regularly from Facebook)\n(Source:Pew Research Center)\nTo Facebook, this is equally as good as the more users, the wider the ‘product’ base that they have to offer their customers - advertisers. Advertisers are also indifferent to how Facebook attains its data, so long as Facebook’s targeting metrics and trackers are working well, the more likely it is that they are able to generate conversions. The more conversions, the more sales for them, the more ads they continue to pay for, the more revenue Facebook generates. Win-Win-Win, their apps are the bait, and the product (users), customers (advertisers), and supplier (Facebook), all walk away winners. It’s a remarkable business model that has stood the test of time and no matter the amount of controversy around the business, founders, and its practices, it isn’t going anywhere anytime soon and for one simple reason: Users likely can’t do without Facebook’s products whether they are willing to admit it or not.\nWhen we look back in the past to reflect on how the #StopHateForProfit Campaign turned out for the company, it is apparent that the impact it had on the top and bottom line were both minimal. The boycott was one that arose due to Facebook’s bad hate speech regulations and policing, and because of the laissez-faire attitude toward posts from then President, Donald Trump. More than 1000 companies publicly committed to boycotting the social media giant in June/July (coinciding with end Q2 and start Q3) and many of the top 100 advertisers based on ad spend such as Nike, Adidas, Puma, Coca-Cola, all revised their budgets downwards.\nDespite this, Facebook beat on Q2 earnings and saw an increase of 10.7% YOY. In its forward guidance, the company also announced that for July, they were anticipating a slowdown in YoY growth of 17% but was still due to see a 10% increase. They alsoanticipatedthe slowdown in growth to last through till October. However, the company did not attribute this slowdown to the boycott specifically but to 3 other major headwinds. With the benefit of hindsight, we can now see that even for Q3’20, the firm saw an impressive 21.6% rise in its top line, with the bottom line still registering a 12.2% improvement in NPM for Q2’20 YoY and a 200 bps NPM improvement in Q3.\nThe results are clear and indicative of a few things. The boycott by the largest companies did little to Facebook’s financial story as they still managed to register growth and did not see significant pullbacks that were material. This can be tied to the fact that most of Facebook’s advertisers are SMBs. Although certain few SMBs did join the boycott, most didn’t, and the firm still had their impressive 9 million + customer base to rely on. If anything, this also suggests that despite what any SMB stands for and whether they agree with a social cause or not, it is hard for them to find alternatives that they can shift to on a similar pricing scale. Big brands can easily pivot to other advertisements such as TV and radio commercials but SMBs simply can’t because of smaller budgets. Lastly, it is now clear that the campaign affected Facebook’s reputation more so than it did its cashflow.\nRisks\nOther risks that the company may face would be future antitrust lawsuits. As it is, the company is already facing allegations of being a monopoly based on their aggressive acquisitive history having acquired more than90 other companiessince inception. They were alsofined US$5 BNby the FTC in 2019 and were required to adopt their policies and employ new protections for the users and their data that has been shared.\n(Source: TIKR.com)\nThough representative of a historic penalty and the largest ever imposed on a company for violating user’s privacy rights, the US$5BN was a drop in the bucket for the giant that went on to generate US$70+ BN dollars for the year.\nThe current issues that they have with Apple’s new iOS changes and the IDFA implications are also likely not going to have a substantial impact on the firm. The Identifier for Advertisers [IDFA] is a random device identifier assigned by Apple to a user's device. Advertisers use this to track data so they can deliver customized advertising on mobile. With the new iOS changes, Apple essentially programmed it such that each app that wants to use these identifiers will have to ask users to opt in for tracking when the app is first launched. If users opt out, the app can’t track certain data and Facebook will have a smaller database of points to rely upon. As consumer preferences change, so will Facebook’s targeting that relies on IDFAs get worse and less effective due to outdated data points.\nAccording to aCNBC article:\n\n Most critically at stake for Facebook is what’s known as view-through conversions. This metric is used by ad-tech companies to measure how many users saw an ad, did not immediately click on it, but later made a purchase related to that ad.”\n\nWhen the conversion is made later on, the data IDFA for that particular user is then shared by the retailer to Facebook which is then used by the company to see if it matches the IDFA of the user who saw the ad. If they pair, it indicates that the ad was useful in generating a conversion. This data performance is then relayed to advertisers so that they can tweak their ad strategies accordingly. Withas much as 96% of usersanticipated to opt out of tracking on all apps, this would mean that mobile ads on 3rdparty apps may no longer be as useful if Facebook cannot really judge its effectiveness anymore. The more ineffective the ads become, the less conversions for retailers, and the more they pivot to other advertising platforms, which will impact the revenues for the firm.\nHowever, Facebook has disclosed that this will particularly only affect one form of advertisement which relies heavily on the IDFA, known as Audience Networks. Fortunately, the audience network segment only represents less than 10% of the firm’s total revenues. With the impact estimating to cost a drop in50% of all ads deliveredand hence sales from this segment, this would atbest represent a 5% drop in their total revenues. With that said, we do not anticipate that this will be present significant impact moving forward and the firm can easily recoup the 5% loss at worse by focusing on increasing ARPUs and user engagement to save their core business.\nThough Facebook started by disclosing that they anticipated the impact on their revenues to be large at first, this no longer seems to be the case. If anything, history has shown us that Mark is not one to back down and if he doesn’t get his way, he damn well will find another way to minimise loss and increase revenue generation in other segments to make up for it. If you aren’t too involved in the technicalities, we think it’s safe to bet on the jockey in this case. Besides, AR / VR growth,WhatsApp monetization, Reels monetization, further user growth in less developed countries away from the legacy North America and Europe region can very well pick up the lost (US$5BN) in sales.\nMoat\nAs mentioned above, the DAUs and MAUs for Facebook are very impressive with a large portion of the world using at least 1 of their products. The moat for the business relies on the wide user base that Facebook has meticulously built over the course of 17 years. With any new product that they have, the firm can easily roll it out to their database of users and expect demand to pick up in a matter of weeks, maybe even days. That is the power of the network of Facebook that really can’t be valued.\n(Source: FB Q1’21 Presentation)\nDespite the controversy, endless allegations, and negative headlines one after the other, the numbers don’t lie. DAUs have been increasing every single quarter, with the fastest growth observed in Asia-Pacific and the rest of the world. US & Canada growth has slowed as it nears saturation levels, and this is perfectly normal and to be expected. The way we anticipate Facebook to grow their core cash cow business moving forward is clean. 1) Focus on growing ARPUs in their saturated legacy areas (US & Canada and Europe) as well as 2) Increase User Growth by Geography in their growth areas (Asia-Pacific and the Rest of the World). Unsurprisingly, Facebook has been focused on doing just that.\n(Source: FB Q1’21 Presentation)\nWhen we look to the infamous metric for judging social media companies and their performance – ARPUs, we can see that in the legacy areas, ARPUs have been increasing at a faster pace than compared to growth areas. This falls in line with point number 1 as mentioned above. The legacy areas have already reached saturation levels and user growth is unable to grow at astounding rates anymore. However, since this represent areas that are more developed and generally have higher disposable incomes on the average, focusing on increasing ARPUs and monetizing advertisers is the right strategy and a very feasible one. Though the growth areas are also seeing ARPUs grow YoY as they should, they are not at the same pace as in the US & Canada and Europe. When we look to revenue generated by geography below, this confirms the thesis that revenue is growing faster than user base in those areas, and since ARPU equal to (Total Revenue from that Geography / Number of Users in that area), so long revenue is growing at a faster pace than the user base, they should increase meaningfully.\n(Source: FB Q1’21 Presentation)\nWhen we look to the slide below, it is also apparent that user numbers are growing much faster in Asia-Pacific and the rest of the world, away from the legacy areas. Across 2 years, MAUs which is the broadest business performance metric employed by Facebook, grew 22.4% and 25.4% in the growth areas while they only grew a mere 6.6% in US & Canada and 10.2% in Europe.\n(Source: FB Q1’21 Presentation)\nIf Facebook can continue to grow their user engagement numbers in the growth areas whilst maximizing ARPUs in legacy areas, the company can easily ensure that the core advertising model will remain the cash cow of the business, funding growth for their other product developments.\nGrowth Tactics\nWhen we look to potential growth Facebook has, the company isn’t short of any. Facebook has moved to monetizeWhatsApp, where they plan to generate fees from payments made within the app itself as well as through in-app status advertisements. The company is essentially trying to integrate the growth and TAM of the E-commerce market more seamlessly into their family of products including the likes ofWhatsApp. ThroughFacebook Pay, users can now engage in peer-to-peer payments withinWhatsApp itself at no cost. However, when businesses receive a fee from customers through the app itself, they will then have to pay a small ‘processing fee’ to Facebook and this is where it profits. This is the same method that is being employed by Shopify and all the other payment processing channels just that it is now being done locally inWhatsApp itself.WhatsApp payments has launched in Brazil, the 2nd largest market by users and the fee stands at 3.99%.\n(Source:Facebook Newsroom)\nThe firm has also been trying to grow their presence in the E-commerce market and reduce the friction customers experience when clicking through ads on its platforms. Both Instagram checkout and Facebook shops are aimed at doing just that. Their shops solutions are also expanding toWhatsApp, and the marketplace as observed above. The company sees a major shift to online shopping even after the grand reopening of the economies. As part of its effort over the years, they now have 1.2M active shops across their platforms and more than 300M monthly shop visitors. Thelatest releasestates that:\n\n Soon, we’ll give businesses in select countries the option to showcase their Shop inWhatsApp. In the US, we’ll enable them to bring Shops products into Marketplace, helping them reach the more than 1 billion people globally who visit each month.\n\n(Source:Facebook Newsroom)\nWhat’s even more fascinating is the fact that Facebook now plans to integrate new technologies such as AR Dynamic Ads to power the future of shopping. New visual discovery tools on their platforms like Instagram will help customers find new products that they resonate with faster than ever before and help them to visualize their products with AR experiences that they have been working on for a long time now.\nTheir continued expansion in the AR/VR market along with the rollout of DIEM, their native digital currency functioning as a stablecoin that was once under the “Libra Project” also presents good growth opportunity in the near future. Facebook is also looking to introducepodcasts and live audio streamsas part of the beginning of their audio journey. In short, Facebook still has a lot of room to grow moving forward apart from looking to squeeze out more cash from their legacy advertising business model. However, as always, product development is one thing, but the financials do need to shape up as well and with Facebook it does.\nFinancials\nOf the FAANG stock group, Facebook enjoys one of the highest margins. The company saw 80.55% in GM in Q1’21 and even in the past, it has enjoyed such high margins, trading between 80.5% to as high as 86.6% in FY17. The chart below also clearly indicates that the remarkable margins trickle down to the bottom line and aren’t wiped out due to operating expenses, registering a NPM of 35.7%.\nData by YCharts\nFB also routinely spends a large portion of their revenues on R&D, reinvesting into the business YoY to further improve their products and innovate on new ones. In 2020 the R&D expense represented 21.5% of total sales.\n(Source: TIKR.com)\nA large chunk of the firms’ revenues is also retained on the balance sheet which is then used over the years to funnel money to continue their acquisitive culture. Despite this, the strong cashflow that the firm enjoys allows it to stay at the top of their industry in terms of innovation whilst ensuring that their treasure trove of cash is growing should there be a need to deploy it. When we look to liquid cash that the firm holds (Cash & Equivalents, and STI), Facebook has grown it at a tremendous CAGR of 26.2%. Net Debt has also just been becoming less of a concern over the years. To date, even after the pandemic, Facebook has no debt.\n(Source: TIKR.com)\nGiven the data above, it is evident that the firm has one of the most pristine balance sheets in the industry and in the whole stock market. The US$62 BN that they hold as cash presents itself as a massive buffer to cushion the impact of whatever comes their way, be it another acquisitive opportunity, or yet another fine. Either way, the company can weather any financial storm and near balance sheet issues aren’t a problem. Shareholders aren’t too pleased with the cash pile just sitting there and would instead rather the firm start paying a dividend or pick up the pace in share buybacks to maximize investor returns. Facebook has never paid a dividend in its entirety and although they may consider that moving forward, we anticipate that it is not a move that they will commit to. In any case, we ourselves hope that they commit to more share buybacks instead of moving to issue a dividend.\n(Source:Q1 10-K Filing SEC)\nIn their 10-K filing, the company expanded their SRP program to include an additional US$25 BN which will be added atop the US$8.6 BN remaining from a 2017 authorization. That amounts to a current authorized SRP valued at around US$33.6 BN and we anticipate that this may further increase substantially moving forward. Despite outstanding shares reducing overtime, a large part is offset by additional equity issued as part of SBC to employees. It is disappointing that the firm isn’t making more of a definitive move to put that cash pile to use but this is nonetheless not a major red flag.\nValuations\nBeing a blue-chip company with strong FCF, we would normally value the social media giant with a DCF model. Today, however, we will be looking at EV/Sales and P/E Ratios to try and justify its future valuation, looking 3 years out as always to end 2023.\n(Source:Seeking Alpha)\nLooking 3 years out to end 23, Facebook is projected to grow revenues at an average of 23.4%, with growth in the 30s for this fiscal year. That would mean that Facebook is anticipated to grow revenues to US$160.8 BN by end 2023, up 87% from what they delivered in FY20 in 3 years.\n(Source: TIKR.com)\nSince 2018, the firm has traded at an average EV/Sales of 8.85, and last exchanged hands at a multiple of 9.76. Although the firm is trading at a multiple above its mean and higher than any of the other stocks as part of the FAANG group, Facebook does have higher estimates than all the other companies in the near future as observed below. The data does not reflect estimates for 2023.\n(Source: TIKR.com)\nMoreover, when we look further into the past all the way back to 2013, the company has historically traded at an average of 12.82 and even registered a high close to 22 in 2014. However, since we want to be conservative, but believe that the market has yet to really price Facebook for what it’s worth given all the headline risks in the media that have induced immediate selloffs without any fundamental reason, we will employ a multiple of 9.\n(Source: TIKR.com)\nAt an EV/Sales multiple of 9, that would put Facebook at a US$1.447 TRN dollar valuation by the end of 2023 and a share price of US$539, an upside of 58%.\n(Source:Seeking Alpha)\nWhen we look to revenue surprise and analyst estimate beat / miss trends, Facebook has quite the historical track record of surpassing estimates, having done so 10/12 times in the past 3 years. The average upside surprise stands at 3.59%. Assuming Facebook will continue to deliver the same upside surprise moving forward, a 3.59% beat to the top line estimate of 2023 would warrant revenues of US$166.57 BN. At the same EV/Sales ratio of 9, that would render a higher valuation of US$558.77 USD. Given that Facebook is very close to crossing the US$1 TRN dollar valuation mark, we anticipate this to be a very realistic price target.\nNow shifting on to another valuation method by P/E multiples, the valuation also paints a similar picture.\n(Source:Seeking Alpha)\nTurning to earnings estimates, the company is also projected to do high-teens digit growth for 2022 and 2023 and a close to 30% growth in the bottom line for this fiscal year.\nData by YCharts\nDespite trading at the highest EV / Sales ratio of the FAANG stocks, Facebook is trading at the lowest TTM normalized PE Ratio amongst its peers, with the inclusion of Microsoft (FANGMA). This is likely due to the market failing to internalize and appreciate the company’s high NPM and profitability. Currently trading at a P/E ratio of 29.14, this is also below its historical means of as high as 60+ in 2016.\nData by YCharts\nHowever, given that earnings have improved dramatically since and likely won’t be revisiting those levels as seen from the forward estimates, we will stick with what we believe to be a fair multiple for the stickiest company in the world, 30. At a P/E ratio of 30, that would put the end 2023 share price somewhere near levels of US$531.\n(Source:Seeking Alpha)\nHowever, because of a surprisingly good earnings-beat track record once again, this has to be factored in moving forward. Of the last 3 years, Facebook has beat earnings 11/12 times. The average beat comes in at 15.72%. If we were to stick to a similar but more conservative beat of say 7%, that would put 2023 normalized earnings at 18.93. The exact same P/E ratio would now warrant a realistic share price of US$567.8, an upside of 66.3%.\nWith all 4 estimates using different methods and assumptions with different levels of conservatism employed delivering a potential share price anywhere between US$531 and US$568, it would be fair to conclude that this is a realistic price target for the cashflow king 3 years out into the future. At the low end of estimates of US$531, this is still indicative of a 55% upside.\nInvestor Takeaways\nTo conclude, we believe Facebook has a very strong future ahead and the projected numbers for both the Topline and Bottom line are indicative of potential upside. We place significant emphasis on forward estimates as markets are future discounting mechanisms that react accordingly. The company enjoys unbelievably high margins, has a pristine balance sheet with absolutely no debt, and is anticipated to keep raking in high revenues with strong cashflow numbers.\nWith so many growth opportunities such as the monetization ofWhatsApp, AR/VR, shops, marketplace growth, DIEM, and the continued growth in its legacy advertisement business both in terms of MAP and ARPUs, Facebook is here to stay and is nowhere near exhausting its full potential. The sizeable TAMs in each of the different business segments combined with other opportunities such as Facebook Reels which we did not cover, and the fact that it has yet to have been monetized, all point to a bright future.\nThat being said, it is a given that the company will face many other bumps along moving forward. Facebook will continue to be subjected to what we call ‘headline risks’ whereby the stock will be overly sold off to the downside based upon nothing fundamental but one-sided exaggerated narratives. This we believe presents the best time to pick up shares and accumulate for the long run. Facebook has been perceived to have engaged in a lot of dubious unethical behaviour surrounding user data but like we said, that is separate from the investment opportunity the company presents and we will leave that to you to decide. Granted that there are many reasons surrounding the company's beat-down reputation, the return on invested capital is a different story and the main one to be focused on when considering if a company is a good investment or not.\nEnd day, when it comes to blue-chip stocks that have a firm hold in the industry, good sticky products, and solid financials, it is hard for the stock not to trend up overtime so long as estimates paint a bright picture and most importantly, the markets continue to value them in the same rational way. This has not always been the case and can be easily seen from Microsoft’s outperformance hiatus when the Dot Com bubble crashed, and the stock took 17 years to put in a new high. Still, we believe blue chip stocks are a good bet as of now and should be a part of everyone’s portfolio, and Facebook presents the best buy of the FAANG from our perspective. Till next time!","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120026998,"gmtCreate":1624289093914,"gmtModify":1703832654702,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"Nio gogo","listText":"Nio gogo","text":"Nio gogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120026998","repostId":"1136791321","repostType":2,"repost":{"id":"1136791321","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624282996,"share":"https://ttm.financial/m/news/1136791321?lang=&edition=fundamental","pubTime":"2021-06-21 21:43","market":"us","language":"en","title":"EV stocks fell in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1136791321","media":"Tiger Newspress","summary":"(June 21) EV stocks fell in morning trading.","content":"<p>(June 21)&nbsp;EV stocks fell in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e7e7cf675e122ca02f2d220cde025a88\" tg-width=\"310\" tg-height=\"239\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV stocks fell in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-21 21:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 21)&nbsp;EV stocks fell in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e7e7cf675e122ca02f2d220cde025a88\" tg-width=\"310\" tg-height=\"239\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","NIO":"蔚来","TSLA":"特斯拉","XPEV":"小鹏汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136791321","content_text":"(June 21) EV stocks fell in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158230065,"gmtCreate":1625150243857,"gmtModify":1703737255059,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Should have bought more!!","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Should have bought more!!","text":"$NIO Inc.(NIO)$Should have bought more!!","images":[{"img":"https://static.tigerbbs.com/dff933d4736c3a31e508bb443114a42e","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158230065","isVote":1,"tweetType":1,"viewCount":797,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576837589552794","authorId":"3576837589552794","name":"Redscarlett","avatar":"https://static.tigerbbs.com/669a493ded8662d16f1edffd81f3c0e7","crmLevel":5,"crmLevelSwitch":0,"idStr":"3576837589552794","authorIdStr":"3576837589552794"},"content":"Beet time to buy now","text":"Beet time to buy now","html":"Beet time to buy now"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150055537,"gmtCreate":1624877905329,"gmtModify":1703846818516,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"All so exp…","listText":"All so exp…","text":"All so exp…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150055537","repostId":"1103992527","repostType":2,"repost":{"id":"1103992527","kind":"news","pubTimestamp":1624873176,"share":"https://ttm.financial/m/news/1103992527?lang=&edition=fundamental","pubTime":"2021-06-28 17:39","market":"us","language":"en","title":"7 Growth Stocks to Buy and Hold for a Golden Retirement","url":"https://stock-news.laohu8.com/highlight/detail?id=1103992527","media":"InvestorPlace","summary":"These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growi","content":"<p>These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growing return on investment</p>\n<p>The last thing any retiree would want to do is to sit around and fret about their portfolio. After all, they’ve worked hard to try to enjoy life as a senior and to not worry about their financial position. The best way to solve this problem is a well-rounded portfolio with the right balance of dividend, growth and value stocks. This article specifically focuses on the growth stocks to buy and how they can super-charge your retirement portfolio.</p>\n<p>Growth stocks typically belong to those companies that are growing at an above-average rate in their respective industries. Moreover, these companies are poised to expand over a long-term horizon thanks to their ability to innovate and reinvent themselves. Growth investors look at forward profitability and cash flow metrics when picking out the best growth stocks to buy.</p>\n<p>With that being said, this list below covers seven of the most promising growth stocks to buy, which will deliver returns across several markets.</p>\n<ul>\n <li><b>Cloudflare</b>(NYSE:<b>NET</b>)</li>\n <li><b>Shopify</b>(NYSE:<b>SHOP</b>)</li>\n <li><b>Square</b>(NYSE:<b>SQ</b>)</li>\n <li><b>Snap</b>(NYSE:<b>SNAP</b>)</li>\n <li><b>Alibaba Group</b>(NYSE:<b>BABA</b>)</li>\n <li><b>Etsy</b>(NASDAQ:<b>ETSY</b>)</li>\n <li><b>Roku</b>(NASDAQ:<b>ROKU</b>)</li>\n</ul>\n<p><b>Cloudflare (NET)</b></p>\n<p>Cloudflare has arguably one of the most active companies in the past year, launching more than 550 new products. The cloud platform has been growing rapidly and has expanded its total addressable market to over $70 billion. Additionally, it plans to spread into other profitable areas apart from its traditional content delivery services. Moreover, NET stock’s 12-month returns are at a staggering 180%.</p>\n<p>Earnings in the past year have been nothing short of amazing, with double-digit growth in revenues for the past three quarters. Year-over-year revenue growth is at a healthy 51%, with forward estimates at 42%. &nbsp;As it looks to expand its product suite into large TAM areas such as cybersecurity and MPLS/SD-WAN, it will continue to post strong sales numbers for the foreseeable future.</p>\n<p><b>Shopify (SHOP)</b></p>\n<p>Shopify is a leading merchant platform that has consistently delivered for its long-term investors. With businesses having to close down during the pandemic, Shopify became a beacon of hope for small merchants starting their online businesses. As a result, its year-over-year revenue growth is dumbfounding 99.6%, which dwarfs its competition. Hence, with a wide moat and the ability to constantly evolve more than justifies SHOP stocks lofty valuation.</p>\n<p>2020 was another stellar year for the company, but it looks like it still has multiple chapters to write in its growth story.&nbsp;Its fulfillment center strategy&nbsp;is one of them, giving&nbsp;<b>Amazon</b>(NASDAQ:<b>AMZN</b>) a run for its money. Moreover, its Payments division and international markets are two major catalysts for future growth. The company expects to grow its revenues by $5 billion by 2023 and take a larger bite out of the e-commerce market.</p>\n<p><b>Square (SQ)</b></p>\n<p>Square has turned into a new-age financial services juggernaut. It has posted stellar growth rates, delivering monster quarterly results and outperforming its already high expectations. It continues to expand its distinct ecosystems, which includes its and Seller and Cash App. Both ecosystems exhibit a $160 billion addressable market opportunity collectively. Moreover, SQ stock has generated over 130% returns in the past 12-months.</p>\n<p>The Cash App platform has been a key driver of the company’s growth. Its monthly active users have grown by 50% to&nbsp;over 36 million in 2020.&nbsp; Through its&nbsp;<b>Bitcoin</b>(CCC:<b>BTC-USD</b>)&nbsp; functionalities and the impact of the Cash Card, it creates several monetization opportunities. Additionally, the re-opening of the U.S. and the worldwide economy will propel the stock further as more small and medium-sized enterprises regain their footing.</p>\n<p><b>Snap (SNAP)</b></p>\n<p>Social media giant Snap was in a tough spot a couple of years ago, as its user base stagnated considerably. However, it is now back in the game with improvements in monetization, augmented reality and unique content. Analysts point towards multiple years of double-digit revenue growth ahead, and its high long-term margin structure makes SNAP stock a highly attractive investment.</p>\n<p>Daily Active Users (DAUs) for the company increased on a year-over-year basisin each of the four quarters last year. The trend continued in the first quarter, where its DAUs grew by a healthy 22%.&nbsp; Moreover, revenues in the quarter were up 66%&nbsp;year-over-year to $170 million. It has multiple monetization avenues left to explore, including Maps, Spotlight, Stories and others.&nbsp; Hence, with forward revenue estimates of roughly 50%, the company is in pole position to deliver strong returns for the foreseeable future.</p>\n<p><b>Alibaba Group (BABA)</b></p>\n<p>Chinese e-commerce giant Alibaba has been one of the fastest-growing companies in the past several years. In the past seven years, its business has grown at a spectacular 23.8% CAGR and is still growing at an impressive pace. Year-over-year revenue growth has been at a remarkable 41%, with forward estimates over 35%. Analysts believe that BABA stock could generate over 300% returns in the next five years.</p>\n<p>Alibaba has gone a great job of diversifying its income streams from its traditional retail business. Some of these include cloud computing, entertainment, digital media and others. Cloud computing, in particular, is an area where Alibaba will look to invest heavily in the coming years. The high-margin business will help narrow down its losses and open up new opportunities in adjacent areas.</p>\n<p><b>Etsy (ETSY)</b></p>\n<p>Etsy is an online niche marketplace with a wide and sustainable moat. It has witnessed massive growth during the pandemic, as its revenues increased by triple-digit percentages in the past four quarters. Its gross merchandise value (GMV) and revenues increased by roughly 106% and 111%, respectively, in 2020. Moreover, its EBITDA growth on a year-over-year basis is at a stunning 391%. No wonder ETSY stock has surged over 78% in the past 12 months.</p>\n<p>With last year’s blow-out performance, investors are worried about whether the company can continue its progress. Etsy is expanding its business through some smart acquisitions. It recently acquired&nbsp;<b>Reverb</b>&nbsp;and&nbsp;<b>Depop</b>&nbsp;to expand its music and fashion recommerce expertise. These acquisitions will also facilitate the company’s global outreach.Etsy posted a 141% year-over-year growth&nbsp;in its first quarter, which suggests that it isn’t slowing down anytime soon.</p>\n<p><b>Roku (ROKU)</b></p>\n<p>Streaming giant Roku has been on a roll in the past year, with its revenues and subscribers fueled by the pandemic. It gained an unbelievable 16.7 million new users during the pandemic and now&nbsp;has 53.6 million users. It is likely to achieve a record 65 million users by the conclusion of this year. With strong user monetization and active user growth, ROKU stock could potentially surge to new heights.</p>\n<p>Looking ahead, the company has multiple growth drivers which could push its stock price higher in the future. Its CTV ad segment, in particular, could pay a lot of dividends with the gradual shift from linear to CTV. Moreover, it continues to invest heavily in its content library, with its recent launch of&nbsp;<b>Roku Originals</b>&nbsp;and its acquisition of&nbsp;<b>Saban Films</b>. Hence, it has an incredible growth runway ahead and should continue posting strong top and bottom-line numbers.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Growth Stocks to Buy and Hold for a Golden Retirement</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\">\n7 Growth Stocks to Buy and Hold for a Golden Retirement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 17:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/7-great-growth-stocks-to-buy-and-hold-for-a-golden-retirement/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growing return on investment\nThe last thing any retiree would want to do is to sit around and fret about ...</p>\n\n<a href=\"https://investorplace.com/2021/06/7-great-growth-stocks-to-buy-and-hold-for-a-golden-retirement/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","ETSY":"Etsy, Inc.","SHOP":"Shopify Inc","SNAP":"Snap Inc","BABA":"阿里巴巴","NET":"Cloudflare, Inc.","ROKU":"Roku Inc"},"source_url":"https://investorplace.com/2021/06/7-great-growth-stocks-to-buy-and-hold-for-a-golden-retirement/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103992527","content_text":"These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growing return on investment\nThe last thing any retiree would want to do is to sit around and fret about their portfolio. After all, they’ve worked hard to try to enjoy life as a senior and to not worry about their financial position. The best way to solve this problem is a well-rounded portfolio with the right balance of dividend, growth and value stocks. This article specifically focuses on the growth stocks to buy and how they can super-charge your retirement portfolio.\nGrowth stocks typically belong to those companies that are growing at an above-average rate in their respective industries. Moreover, these companies are poised to expand over a long-term horizon thanks to their ability to innovate and reinvent themselves. Growth investors look at forward profitability and cash flow metrics when picking out the best growth stocks to buy.\nWith that being said, this list below covers seven of the most promising growth stocks to buy, which will deliver returns across several markets.\n\nCloudflare(NYSE:NET)\nShopify(NYSE:SHOP)\nSquare(NYSE:SQ)\nSnap(NYSE:SNAP)\nAlibaba Group(NYSE:BABA)\nEtsy(NASDAQ:ETSY)\nRoku(NASDAQ:ROKU)\n\nCloudflare (NET)\nCloudflare has arguably one of the most active companies in the past year, launching more than 550 new products. The cloud platform has been growing rapidly and has expanded its total addressable market to over $70 billion. Additionally, it plans to spread into other profitable areas apart from its traditional content delivery services. Moreover, NET stock’s 12-month returns are at a staggering 180%.\nEarnings in the past year have been nothing short of amazing, with double-digit growth in revenues for the past three quarters. Year-over-year revenue growth is at a healthy 51%, with forward estimates at 42%.  As it looks to expand its product suite into large TAM areas such as cybersecurity and MPLS/SD-WAN, it will continue to post strong sales numbers for the foreseeable future.\nShopify (SHOP)\nShopify is a leading merchant platform that has consistently delivered for its long-term investors. With businesses having to close down during the pandemic, Shopify became a beacon of hope for small merchants starting their online businesses. As a result, its year-over-year revenue growth is dumbfounding 99.6%, which dwarfs its competition. Hence, with a wide moat and the ability to constantly evolve more than justifies SHOP stocks lofty valuation.\n2020 was another stellar year for the company, but it looks like it still has multiple chapters to write in its growth story. Its fulfillment center strategy is one of them, giving Amazon(NASDAQ:AMZN) a run for its money. Moreover, its Payments division and international markets are two major catalysts for future growth. The company expects to grow its revenues by $5 billion by 2023 and take a larger bite out of the e-commerce market.\nSquare (SQ)\nSquare has turned into a new-age financial services juggernaut. It has posted stellar growth rates, delivering monster quarterly results and outperforming its already high expectations. It continues to expand its distinct ecosystems, which includes its and Seller and Cash App. Both ecosystems exhibit a $160 billion addressable market opportunity collectively. Moreover, SQ stock has generated over 130% returns in the past 12-months.\nThe Cash App platform has been a key driver of the company’s growth. Its monthly active users have grown by 50% to over 36 million in 2020.  Through its Bitcoin(CCC:BTC-USD)  functionalities and the impact of the Cash Card, it creates several monetization opportunities. Additionally, the re-opening of the U.S. and the worldwide economy will propel the stock further as more small and medium-sized enterprises regain their footing.\nSnap (SNAP)\nSocial media giant Snap was in a tough spot a couple of years ago, as its user base stagnated considerably. However, it is now back in the game with improvements in monetization, augmented reality and unique content. Analysts point towards multiple years of double-digit revenue growth ahead, and its high long-term margin structure makes SNAP stock a highly attractive investment.\nDaily Active Users (DAUs) for the company increased on a year-over-year basisin each of the four quarters last year. The trend continued in the first quarter, where its DAUs grew by a healthy 22%.  Moreover, revenues in the quarter were up 66% year-over-year to $170 million. It has multiple monetization avenues left to explore, including Maps, Spotlight, Stories and others.  Hence, with forward revenue estimates of roughly 50%, the company is in pole position to deliver strong returns for the foreseeable future.\nAlibaba Group (BABA)\nChinese e-commerce giant Alibaba has been one of the fastest-growing companies in the past several years. In the past seven years, its business has grown at a spectacular 23.8% CAGR and is still growing at an impressive pace. Year-over-year revenue growth has been at a remarkable 41%, with forward estimates over 35%. Analysts believe that BABA stock could generate over 300% returns in the next five years.\nAlibaba has gone a great job of diversifying its income streams from its traditional retail business. Some of these include cloud computing, entertainment, digital media and others. Cloud computing, in particular, is an area where Alibaba will look to invest heavily in the coming years. The high-margin business will help narrow down its losses and open up new opportunities in adjacent areas.\nEtsy (ETSY)\nEtsy is an online niche marketplace with a wide and sustainable moat. It has witnessed massive growth during the pandemic, as its revenues increased by triple-digit percentages in the past four quarters. Its gross merchandise value (GMV) and revenues increased by roughly 106% and 111%, respectively, in 2020. Moreover, its EBITDA growth on a year-over-year basis is at a stunning 391%. No wonder ETSY stock has surged over 78% in the past 12 months.\nWith last year’s blow-out performance, investors are worried about whether the company can continue its progress. Etsy is expanding its business through some smart acquisitions. It recently acquired Reverb and Depop to expand its music and fashion recommerce expertise. These acquisitions will also facilitate the company’s global outreach.Etsy posted a 141% year-over-year growth in its first quarter, which suggests that it isn’t slowing down anytime soon.\nRoku (ROKU)\nStreaming giant Roku has been on a roll in the past year, with its revenues and subscribers fueled by the pandemic. It gained an unbelievable 16.7 million new users during the pandemic and now has 53.6 million users. It is likely to achieve a record 65 million users by the conclusion of this year. With strong user monetization and active user growth, ROKU stock could potentially surge to new heights.\nLooking ahead, the company has multiple growth drivers which could push its stock price higher in the future. Its CTV ad segment, in particular, could pay a lot of dividends with the gradual shift from linear to CTV. Moreover, it continues to invest heavily in its content library, with its recent launch of Roku Originals and its acquisition of Saban Films. Hence, it has an incredible growth runway ahead and should continue posting strong top and bottom-line numbers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4087218051185710","authorId":"4087218051185710","name":"JCBL","avatar":"https://static.tigerbbs.com/d52754657c86fcbf3892ea1fec33f39d","crmLevel":5,"crmLevelSwitch":0,"idStr":"4087218051185710","authorIdStr":"4087218051185710"},"content":"wait till it splits!","text":"wait till it splits!","html":"wait till it splits!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128297421,"gmtCreate":1624517410963,"gmtModify":1703839082514,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>In the red zone but I’m HODLING ??????","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>In the red zone but I’m HODLING ??????","text":"$BlackBerry(BB)$In the red zone but I’m HODLING ??????","images":[{"img":"https://static.tigerbbs.com/0cbeff4c89df52422af352977a28bfd5","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128297421","isVote":1,"tweetType":1,"viewCount":471,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":187052243,"gmtCreate":1623731763182,"gmtModify":1704209855680,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"hedgies will get what they deserve,&nbsp; AMC TO THE MOON","listText":"hedgies will get what they deserve,&nbsp; AMC TO THE MOON","text":"hedgies will get what they deserve, AMC TO THE MOON","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187052243","repostId":"1156506261","repostType":2,"repost":{"id":"1156506261","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623726665,"share":"https://ttm.financial/m/news/1156506261?lang=&edition=fundamental","pubTime":"2021-06-15 11:11","market":"us","language":"en","title":"AMC Shorts Get Smoked Again And Options Traders Hammer Calls","url":"https://stock-news.laohu8.com/highlight/detail?id=1156506261","media":"Benzinga","summary":"AMC Entertainment Holdings, Inc. was trading up 22%, at one point, Monday afternoon amid continued r","content":"<p><b>AMC Entertainment Holdings, Inc.</b>&nbsp;was trading up 22%, at one point, Monday afternoon amid continued&nbsp;retail interest&nbsp;in squeezing institutions and hedge funds who have short positions on the stock.</p>\n<p>Between May 24 and June 2, AMC’s stock skyrocketed 496% to $72.62 before falling 45% to $39.71 where it found a bottom. The stock has since made a run back up and on Monday gapped up just over 4%. The gap left below didn’t scare off traders who came in and immediately purchased shares and options contracts of AMC, which caused the stock to run north even further.</p>\n<p>Bullish AMC options are betting AMC is in for an even larger squeeze and purchased hundreds of call contracts totally well over $8.68 million.</p>\n<p><b>Why It’s Important:</b>When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.</p>\n<p>These types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.</p>\n<p><b>The AMC Entertainment Option Trades:</b>Below is a look at the notable options alerts, courtesy ofBenzinga Pro:</p>\n<ul>\n <li>At 10:25 a.m., Monday a trader executed a call sweep near the ask of 200 AMC Entertainment options with a strike price of $145 expiring on July 16. The trade represented a $148,000 bullish bet for which the trader paid $7.40 per option contract.</li>\n <li>At 10:36 a.m., a trader executed a call sweep near the ask of 223 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $335,615 bullish bet for which the trader paid $15.05 per option contract.</li>\n <li>At 10:36 a.m., a trader executed a call sweep near the ask of 321 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $487,920 bullish bet for which the trader paid $15.20 per option contract.</li>\n <li>At 10:42 a.m., a trader executed a call sweep near the ask of 220 AMC Entertainment options with a strike price of $29 expiring on June 18. The trade represented a $563,200 bullish bet for which the trader paid $25.60 per option contract.</li>\n <li>At 10:52 a.m., a trader executed a call sweep near the ask of 304 AMC Entertainment options with a strike price of $60 expiring on July 2. The trade represented a $442,320 bullish bet for which the trader paid $14.55 per option contract.</li>\n <li>At 10:52 a.m., a trader executed a call sweep above the ask of 615 AMC Entertainment options with a strike price of $60 expiring on June 18. The trade represented a $900,975 bullish bet for which the trader paid $14.65 per option contract.</li>\n <li>At 10:59 a.m., a trader executed a call sweep near the ask of 769 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $1.46 million bullish bet for which the trader paid $19.05 per option contract.</li>\n <li>At 11:19 a.m., a trader executed a call sweep near the ask of 1461 AMC Entertainment options with a strike price of $85 expiring on June 18. The trade represented a $555,180 bullish bet for which the trader paid $3.80 per option contract.</li>\n <li>At 11:20 a.m., a trader executed a call sweep near the ask of 719 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $738,413 bullish bet for which the trader paid $10.27 per option contract.</li>\n <li>At 11:21 a.m., a trader executed a call sweep near the ask of 644 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $669,760 bullish bet for which the trader paid $10.40 per option contract.</li>\n <li>At 12:51 p.m., a trader executed a call sweep near the ask of 303 AMC Entertainment options with a strike price of $65 expiring on June 18. The trade represented a $209,070 bullish bet for which the trader paid $6.90 per option contract.</li>\n</ul>\n<p><b>AMC Price Action:</b>Shares of AMC Entertainment closed up 15.38% to $57.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Shorts Get Smoked Again And Options Traders Hammer Calls</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 Shorts Get Smoked Again And Options Traders Hammer Calls\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-15 11:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>AMC Entertainment Holdings, Inc.</b>&nbsp;was trading up 22%, at one point, Monday afternoon amid continued&nbsp;retail interest&nbsp;in squeezing institutions and hedge funds who have short positions on the stock.</p>\n<p>Between May 24 and June 2, AMC’s stock skyrocketed 496% to $72.62 before falling 45% to $39.71 where it found a bottom. The stock has since made a run back up and on Monday gapped up just over 4%. The gap left below didn’t scare off traders who came in and immediately purchased shares and options contracts of AMC, which caused the stock to run north even further.</p>\n<p>Bullish AMC options are betting AMC is in for an even larger squeeze and purchased hundreds of call contracts totally well over $8.68 million.</p>\n<p><b>Why It’s Important:</b>When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.</p>\n<p>These types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.</p>\n<p><b>The AMC Entertainment Option Trades:</b>Below is a look at the notable options alerts, courtesy ofBenzinga Pro:</p>\n<ul>\n <li>At 10:25 a.m., Monday a trader executed a call sweep near the ask of 200 AMC Entertainment options with a strike price of $145 expiring on July 16. The trade represented a $148,000 bullish bet for which the trader paid $7.40 per option contract.</li>\n <li>At 10:36 a.m., a trader executed a call sweep near the ask of 223 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $335,615 bullish bet for which the trader paid $15.05 per option contract.</li>\n <li>At 10:36 a.m., a trader executed a call sweep near the ask of 321 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $487,920 bullish bet for which the trader paid $15.20 per option contract.</li>\n <li>At 10:42 a.m., a trader executed a call sweep near the ask of 220 AMC Entertainment options with a strike price of $29 expiring on June 18. The trade represented a $563,200 bullish bet for which the trader paid $25.60 per option contract.</li>\n <li>At 10:52 a.m., a trader executed a call sweep near the ask of 304 AMC Entertainment options with a strike price of $60 expiring on July 2. The trade represented a $442,320 bullish bet for which the trader paid $14.55 per option contract.</li>\n <li>At 10:52 a.m., a trader executed a call sweep above the ask of 615 AMC Entertainment options with a strike price of $60 expiring on June 18. The trade represented a $900,975 bullish bet for which the trader paid $14.65 per option contract.</li>\n <li>At 10:59 a.m., a trader executed a call sweep near the ask of 769 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $1.46 million bullish bet for which the trader paid $19.05 per option contract.</li>\n <li>At 11:19 a.m., a trader executed a call sweep near the ask of 1461 AMC Entertainment options with a strike price of $85 expiring on June 18. The trade represented a $555,180 bullish bet for which the trader paid $3.80 per option contract.</li>\n <li>At 11:20 a.m., a trader executed a call sweep near the ask of 719 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $738,413 bullish bet for which the trader paid $10.27 per option contract.</li>\n <li>At 11:21 a.m., a trader executed a call sweep near the ask of 644 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $669,760 bullish bet for which the trader paid $10.40 per option contract.</li>\n <li>At 12:51 p.m., a trader executed a call sweep near the ask of 303 AMC Entertainment options with a strike price of $65 expiring on June 18. The trade represented a $209,070 bullish bet for which the trader paid $6.90 per option contract.</li>\n</ul>\n<p><b>AMC Price Action:</b>Shares of AMC Entertainment closed up 15.38% to $57.</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156506261","content_text":"AMC Entertainment Holdings, Inc. was trading up 22%, at one point, Monday afternoon amid continued retail interest in squeezing institutions and hedge funds who have short positions on the stock.\nBetween May 24 and June 2, AMC’s stock skyrocketed 496% to $72.62 before falling 45% to $39.71 where it found a bottom. The stock has since made a run back up and on Monday gapped up just over 4%. The gap left below didn’t scare off traders who came in and immediately purchased shares and options contracts of AMC, which caused the stock to run north even further.\nBullish AMC options are betting AMC is in for an even larger squeeze and purchased hundreds of call contracts totally well over $8.68 million.\nWhy It’s Important:When a sweep order occurs, it indicates the trader wanted to get into a position quickly and is anticipating an imminent large move in stock price. A sweeper pays market price for the call option instead of placing a bid, which sweeps the order book of multiple exchanges to fill the order immediately.\nThese types of call option orders are usually made by institutions, and retail investors can find watching for sweepers useful because it indicates “smart money” has entered into a position.\nThe AMC Entertainment Option Trades:Below is a look at the notable options alerts, courtesy ofBenzinga Pro:\n\nAt 10:25 a.m., Monday a trader executed a call sweep near the ask of 200 AMC Entertainment options with a strike price of $145 expiring on July 16. The trade represented a $148,000 bullish bet for which the trader paid $7.40 per option contract.\nAt 10:36 a.m., a trader executed a call sweep near the ask of 223 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $335,615 bullish bet for which the trader paid $15.05 per option contract.\nAt 10:36 a.m., a trader executed a call sweep near the ask of 321 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $487,920 bullish bet for which the trader paid $15.20 per option contract.\nAt 10:42 a.m., a trader executed a call sweep near the ask of 220 AMC Entertainment options with a strike price of $29 expiring on June 18. The trade represented a $563,200 bullish bet for which the trader paid $25.60 per option contract.\nAt 10:52 a.m., a trader executed a call sweep near the ask of 304 AMC Entertainment options with a strike price of $60 expiring on July 2. The trade represented a $442,320 bullish bet for which the trader paid $14.55 per option contract.\nAt 10:52 a.m., a trader executed a call sweep above the ask of 615 AMC Entertainment options with a strike price of $60 expiring on June 18. The trade represented a $900,975 bullish bet for which the trader paid $14.65 per option contract.\nAt 10:59 a.m., a trader executed a call sweep near the ask of 769 AMC Entertainment options with a strike price of $40 expiring on June 18. The trade represented a $1.46 million bullish bet for which the trader paid $19.05 per option contract.\nAt 11:19 a.m., a trader executed a call sweep near the ask of 1461 AMC Entertainment options with a strike price of $85 expiring on June 18. The trade represented a $555,180 bullish bet for which the trader paid $3.80 per option contract.\nAt 11:20 a.m., a trader executed a call sweep near the ask of 719 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $738,413 bullish bet for which the trader paid $10.27 per option contract.\nAt 11:21 a.m., a trader executed a call sweep near the ask of 644 AMC Entertainment options with a strike price of $55 expiring on June 18. The trade represented a $669,760 bullish bet for which the trader paid $10.40 per option contract.\nAt 12:51 p.m., a trader executed a call sweep near the ask of 303 AMC Entertainment options with a strike price of $65 expiring on June 18. The trade represented a $209,070 bullish bet for which the trader paid $6.90 per option contract.\n\nAMC Price Action:Shares of AMC Entertainment closed up 15.38% to $57.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183208149,"gmtCreate":1623331765781,"gmtModify":1704201054285,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577332310934399","authorIdStr":"3577332310934399"},"themes":[],"htmlText":"buy the dip. hodl the line.","listText":"buy the dip. hodl the line.","text":"buy the dip. hodl the line.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/183208149","repostId":"2142228337","repostType":2,"repost":{"id":"2142228337","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1623319560,"share":"https://ttm.financial/m/news/2142228337?lang=&edition=fundamental","pubTime":"2021-06-10 18:06","market":"hk","language":"en","title":"AMC stock sheds 5.0% premarket, after dropping 10.4% on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2142228337","media":"Dow Jones","summary":"MW AMC stock sheds 5.0% premarket, after dropping 10.4% on Wednesday\n\n\n \n\n\n$(END)$ Dow Jones Newswir","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC stock sheds 5.0% premarket, after dropping 10.4% on Wednesday\n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 10, 2021 06:06 ET (10:06 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC stock sheds 5.0% premarket, after dropping 10.4% on Wednesday</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC stock sheds 5.0% premarket, after dropping 10.4% on Wednesday\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\">2021-06-10 18:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC stock sheds 5.0% premarket, after dropping 10.4% on Wednesday\n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 10, 2021 06:06 ET (10:06 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TERN":"Terns Pharmaceuticals, Inc.","AMC":"AMC院线","CRCT":"Cricut, Inc."},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142228337","content_text":"MW AMC stock sheds 5.0% premarket, after dropping 10.4% on Wednesday\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 10, 2021 06:06 ET (10:06 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}