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2023-05-04

Writing this post for the first time!

2022-08-26

.

Fed’s Jackson Hole Conference Is Underway: Here’s What to Expect

2022-08-26

2022-08-20

$Bed Bath & Beyond(BBBY)$Nope don't ususualy profit from meme stocks

2022-07-07

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Sorry, the original content has been removed

2022-06-24

Yay

@TigerEvents:Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out "T.I.G.E.R" during your journey for a chance to receive the limited edition 8th Anniversary Gi

2022-06-22

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Palantir: The Black Box Company

2022-06-21

O

@Fluidsdoc:Should investors use the upcoming stock split to build a position?

2022-06-21

O

@Fluidsdoc:Should investors use the upcoming stock split to build a position?

2022-06-21

I

Valneva Shares Soared 91% in Premarket Trading

2022-06-20

Up

Alibaba Is Now Popular Among Bargain Hunters

2022-05-06

Hope

Sorry, the original content has been removed

2022-05-06

Hopefully

Nio: Dual-Listings Should Hedge Against Risk of U.S. De-Listing, Says Analyst

2022-01-27

Great

@TigerEvents:Join Tiger Ski Championship, Win a Bonus of Up to USD 2022

2021-09-13

Ok

Bitcoin’s 2021 Energy Use Has Already Surpassed 2020

2021-09-12

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Can Coinbase Stock Turbocharge Your Portfolio?

2021-09-10

Ok

5 Stocks To Watch For September 10, 2021

2021-09-08

:)

Toplines Before US Market Open on Wednesday

2021-09-07

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Toplines Before US Market Open on Tuesday

2021-09-07

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Nano Dimension Is a Speculative Bet on the 3D Printing Market

Go to Tiger App to see more news

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Here’s what to expect from the two-day conference featuring central...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-jackson-hole-conference-underway-000000235.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/fed-jackson-hole-conference-underway-000000235.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160351942","content_text":"The Federal Reserve Bank of Kansas City’s annual gathering in Jackson Hole, Wyoming gets underway with a dinner on Thursday evening. Here’s what to expect from the two-day conference featuring central bankers from around the world:Returning to an in-person conference for the first time since the pandemic spread in 2020, the heavyweight lineup is headlined by Fed Chair Jerome Powell with a speech on Friday morning, at 10 a.m. Washington time.Investors will be listening closely for any clues about how the US central bank is thinking about the pace of interest rate increases ahead of its Sept. 20-21 policy meeting, after raising its benchmark rate by three-quarters of a percentage point at each of its last two meetings.Kansas City Fed President Esther George, who is hosting the conference this year for a final time ahead of her mandatory retirement at age 65, said in a Bloomberg TV interview which aired Thursday that the Fed may have to lift the federal funds rate above 4% and hold it there for a time to bring inflation down.Fun fact: Powell’s remarks will be livestreamed from the lodge in Wyoming’s Grand Teton National Park, taking viewers for the first time inside the conference room where the Fed has held its prestigious retreat since 1982.Fed in ForceIn addition to Powell, Fed Vice Chair Lael Brainard and three other governors will attend as well -- Lisa Cook, Philip Jefferson and Chris Waller -- as well as all 12 regional Fed presidents.Several of them plan public comments ahead of the chair’s speech with Atlanta’s Raphael Bostic appearing on CNBC at 8.30 a.m. Washington time, followed by Bloomberg Television interviews with Philadelphia’s Patrick Harker at 9 a.m., St. Louis’s James Bullard at 9:15 a.m. and another appearance by Bostic at 9:30 a.m. Cleveland Fed chief Loretta Mester will speak on Bloomberg TV at 11:30 a.m.The conference will also be attended by Bank of Japan Governor Haruhiko Kuroda and Bank of England Governor Andrew Bailey.European Central Bank President Christine Lagarde did not make the trip, but ECB Executive Board Member Isabel Schnabel is on a key panel Saturday. A number of other ECB officials, including the heads of the Bank of France and German Bundesbank, are also attending, as well as policy makers from Africa, Latin America and elsewhere.Agenda HighlightsFour academic papers will be presented Friday and Saturday, and there will be panel discussions featuring policy makers each day as well.The Friday panel, which will take place at 12:55 p.m. Washington time, is titled “An End to Pre-Pandemic Trends or Just a Temporary Interruption?” It includes as panelists International Monetary Fund First Deputy Managing Director Gita Gopinath, as well as Harvard University economics professor Jason Furman and University of California-San Diego economics professor Valerie Ramey.The Saturday panel, which will be at 12:25 p.m. Washington time, is titled “The Outlook for Policy Post-Pandemic.” It includes as panelists Banque de France Governor Francois Villeroy de Galhau, Swiss National Bank Chairman Thomas Jordan, Bank of Korea Governor Chang Yong Rhee and the ECB’s Schnabel.The papers to be presented on Friday and Saturday will look at topics including maximum employment, potential output, fiscal constraints and central bank balance sheets.Powell’s remarks livestream site","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995780344,"gmtCreate":1661518315890,"gmtModify":1676536533594,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/JD\">$JD.com(JD)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/JD\">$JD.com(JD)$</a><v-v data-views=\"1\"></v-v>","text":"$JD.com(JD)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995780344","isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998613632,"gmtCreate":1660977782930,"gmtModify":1676536434658,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BBBY\">$Bed Bath &amp; Beyond(BBBY)$</a>Nope don't ususualy profit from meme stocks&nbsp;","listText":"<a href=\"https://ttm.financial/S/BBBY\">$Bed Bath &amp; Beyond(BBBY)$</a>Nope don't ususualy profit from meme stocks&nbsp;","text":"$Bed Bath & Beyond(BBBY)$Nope don't ususualy profit from meme stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998613632","isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079619967,"gmtCreate":1657187937759,"gmtModify":1676535966049,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079619967","repostId":"1145594046","repostType":4,"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041278167,"gmtCreate":1656064829859,"gmtModify":1676535761597,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041278167","repostId":"9022524674","repostType":1,"repost":{"id":9022524674,"gmtCreate":1653552819200,"gmtModify":1676535303082,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Time Travel with Tiger, Join the Memorabilia Adventure Now!!!","htmlText":"\n \n \n  Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi\n \n","listText":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","text":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022524674","isVote":1,"tweetType":2,"object":{"id":"97af7069aa6440eab7c85601f72b41b1","tweetId":"9022524674","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/5836ee3f387702302012189230/1IRQdazMc4YA.mp4","poster":"https://community-static.tradeup.com/news/f2462b20b2a9a2483ae56cbb54dcb2a7"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043023433,"gmtCreate":1655857169723,"gmtModify":1676535718505,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043023433","repostId":"1178592634","repostType":4,"repost":{"id":"1178592634","pubTimestamp":1655876844,"share":"https://www.laohu8.com/m/news/1178592634?lang=&edition=full","pubTime":"2022-06-22 13:47","market":"us","language":"en","title":"Palantir: The Black Box Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1178592634","media":"Seeking Alpha","summary":"SummaryGround Zero led to Zero to One — One being Palantir.Palantir is building the central operatin","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Ground Zero led to Zero to One — One being Palantir.</li><li>Palantir is building the central operating system of the modern world.</li><li>Growth remains robust, particularly in its Commercial segment, which will be the main growth engine for the company in the next decade.</li><li>Dilution and GAAP unprofitability remain the biggest risks, especially so in this kind of market environment.</li><li>Although we may see further downside, the selloff seems to be overdone. Palantir is a buy.</li></ul><p>Given the complexity and mysterious nature of the business, this Palantir (NYSE:PLTR) deep dive is probably the most difficult piece that I&#39;ve written compared to other company deep dives that I&#39;ve covered so far. I hope you find value in this article. Enjoy!</p><p><b>Investment Thesis</b></p><p>Palantir: the meme stock, the cult stock, the black box company. There&#39;s a lot of chatter about Palantir on the Internet and I&#39;ve come to notice that there&#39;s a lot of love and hate for the company. Regardless of what others say, it is undeniable that Palantir is one of the most mission-critical companies today.</p><p>Palantir is building the central operating system of the modern world, turning chaos into order. The ultimate bull thesis is that Palantir will replace legacy data and operations infrastructure, and Palantir&#39;s technology and management are more than capable of achieving this ambition.</p><p>The selloff has also created a wonderful opportunity to accumulate shares of Palantir. Palantir is a Buy at these levels.</p><p><b>Value Proposition</b></p><p>On 11th September 2001, 19 terrorists hijacked four commercial airlines during what seemed to be a normal working day for corporate America. What followed left the world at a standstill — things happened so slowly and so quickly that billions of people all over the globe were paralyzed by what they were seeing on their TV screens.</p><p>Two planes struck both the North and South Towers of the World Trade Center, only to leave both skyscrapers crumbling down a few hours later. Another plane crashed on the west side of The Pentagon, the home of the US Department of Defense, which left question marks on the true strength of the US military. The last plane, fortunately, failed to demolish its intended building target as a passenger steered the plane to an open field.</p><p>2,977 people lost their lives that day.</p><p>Undoubtedly, 9/11 left a huge scar on America. For one, the World Trade Center crash site was dubbed Ground Zero. While America work its way to recover and regain its confidence after the attacks, five entrepreneurs — Peter Thiel, Joe Lonsdale, Stephen Cohen, Nathan Gettings, and Alex Karp — joined forces to form Palantir. The name of the company resembles palantíri or &#34;seeing stones&#34; from the movie <i>The Lord of the Rings</i>. These stones were balls of crystal that enable the users to communicate with one another and to see afar, much like what Palantir was designed to do — to identify, anticipate, and prevent future attacks.</p><p>In essence, Ground Zero became the stepping stone to Zero to One—<i>One</i> being Palantir.</p><p>This is a good segway to the first topic of this article: what does Palantir do as a business?</p><p>In a nutshell, Palantir builds and deploys the foundational software of tomorrow that serves as the central operating system for its customers.</p><p>Traditionally, government and commercial institutions need to invest millions and even billions of dollars to build their own digital infrastructures, enterprise data warehouses, and digital twin models, which are incredibly difficult, complex, and risky to execute. But for Palantir, the more difficult, complex, and risky it is, the bigger the opportunity and the more likely it is for Palantir to succeed.</p><p>With that in mind, Palantir aims to help organizations to accelerate their digital transformation by integrating their data, decisions, and operations at scale. In other words, Palantir is a big data platform that helps companies make sense of their data to make data-driven decisions.</p><p>This is achieved through Palantir&#39;s three core products: Gotham, Foundry, and Apollo.</p><p><i><b>Gotham</b></i></p><p><b>Palantir Gotham is the operating system for government decision-making</b>. It has been used by government agencies including the USIC, NSA, FBI, CDC, and Air force to combat terrorism and analyze various highly-sensitive, highly-confidential matters. Rumors have also surfaced about Palantir Gotham playing a certain role in helping the US Navy SEALs locate and assassinate former Al-Qaeda leader, Osama bin Laden.</p><p><img src=\"https://static.tigerbbs.com/abaa773acc4f4b1727a9e2dfdfc1102b\" tg-width=\"1280\" tg-height=\"788\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Website</p><p>Aside from government agencies, financial institutions have also adopted Gotham specifically for fraud detection and investigations.</p><p>Gotham leverages artificial intelligence to identify patterns, threats, and hidden information deep within cluttered datasets. At the same time, machine learning embedded in its software provides continuous feedback loops which improve its models over time, allowing for smarter and faster decision-making.</p><p>Given that Gotham caters specifically to government functions, not much information has been published regarding its technology, thus the black-box nature of the overall business. The company&#39;s S-1 filing does cover a few features but it is quite vague, to say the least. On one hand, we can look at Palantir&#39;s commercial product, Foundry, to at least get some level of understanding of how Gotham works.</p><p><i><b>Foundry</b></i></p><p><b>Palantir Foundry is the operating system for modern enterprises.</b> Foundry has an open architecture and it integrates siloed data sources, analytics, and teams into a common foundation.</p><p><img src=\"https://static.tigerbbs.com/2d239b478ba11f2450bfd1fa421e0bd8\" tg-width=\"1280\" tg-height=\"1237\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Website</p><p>There are 5 layers to the Foundry stack, with each layer bridging the gap between data analytics and operational decision-making:</p><ul><li><b>Data Integration</b>— Foundry utilizes 200+ data connectors to integrate different data sources, data lakes, and data warehouses across the enterprise, across different types of data points including structured, unstructured, streaming, IoT, transactional, geospatial data, and more.</li><li><b>Model Integration</b>— Customers can integrate business logic and models by using Foundry&#39;s open, interoperable architecture along with third-party models like Snowflake (SNOW), Microsoft Azure (MSFT), and AWS (AMZN). Foundry can extend these third-party platforms into operations with bi-directional data syncs to ensure that Foundry is always in sync with those existing data systems.</li><li><b>Ontology</b>— Foundry connects all the data and models, and brings them together into a common foundation that can be used by the entire organization. This is called the Ontology and it is the operational layer of the organization. The Ontology connects all the digital assets (data and models) to their real-world counterparts (such as equipment, products, and customer orders), forming a digital twin of the enterprise that users can interact with.</li><li><b>Workflows</b>— With the Ontology in place, users can develop custom workflows or use out-of-the-box applications. As more and more objects, actions, and workflows are added, the shared Ontology evolves over time with greater operational knowledge.</li><li><b>Decision Orchestration</b>— After integrating all the historically siloed data and models, Foundry enables users to take actionable and insightful decisions, whether through manual operations, simulations, or AI.</li></ul><p>While this may be an oversimplified explanation of the Foundry platform, it does give us a rough idea of how Foundry works. Perhaps, we can take a look at a case study to get a better grasp of what Foundry does.</p><p>For example, here&#39;s how one of the largest utility companies in the US, PG&amp;E, uses Foundry:</p><ul><li><b>Data Integration</b>— PG&amp;E is facing a massive climate threat as global warming increases the risks of wildfire breakouts. As such, the company needs to leverage the 8-10 billion data points it receives every single day to operate a safe and reliable energy system. Foundry helps to aggregate and make sense of these data.</li><li><b>Model Integration</b>— Palantir has an open architecture that allows PG&amp;E to integrate Foundry and other third-party models into a single platform. This enables PG&amp;E to utilize all the models and data across various platforms, which ultimately gives richer datasets to combat wildfires.</li><li><b>Ontology</b>— PG&amp;E has launched the Enhanced Powerline Safety Settings to protect the grid and prevent wildfires. By integrating equipment health data, geospatial location, and network topology, Foundry is able to create a digital representation of PG&amp;E&#39;s entire grid and its 25,000+ miles of wire. This way, PG&amp;E can monitor the various components of the grid, and identify which of them need preventative maintenance.</li></ul><p><img src=\"https://static.tigerbbs.com/3db99337db4e48508064826092e69e90\" tg-width=\"640\" tg-height=\"351\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir YouTube</p><ul><li><b>Workflows</b>— PG&amp;E can leverage a common set of objects, actions, and relationships to develop custom workflows. Foundry enables PG&amp;E to manage workflows across the lifecycle of the grid including scenario modeling, work planning, scheduling, executing, operating, and closing.</li><li><b>Decision Orchestration</b>— Based on the new data that Foundry presented, PG&amp;E can now make more informed decisions to protect its grid. For instance, PG&amp;E can automate the switching on and off of certain devices in the grid, based on specific weather conditions, thus decreasing the likelihood of wildfires.</li></ul><p>Again, this is just one of many use cases. Foundry is applicable to other industries including auto racing, anti-money laundering, cryptocurrency, financial services, emerging startups, supply chains, telecommunications, and more.</p><p>Ultimately, Foundry aims to be the central operating system for modern commercial entities, replacing legacy data infrastructures and operating systems. Palantir has even gone as far as claiming that Foundry will be the next AWS in the coming decade.</p><p><img src=\"https://static.tigerbbs.com/0f4ac18bbb1849ffa347e4007eed824b\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir FY2022 Q1 Investor Presentation</p><p><i><b>Apollo</b></i></p><p><b>Palantir Apollo is the operating system for continuous delivery</b>. Apollo serves as the software to manage, deploy, and maintain Gotham and Foundry worldwide, across virtually any environment. Before its launch, deploying Palantir&#39;s software involves manual installations, upgrades, and configurations, which is especially true for the non-tech savvy governmental organizations. Back in 2008, Palantir Gotham ran on-premises, which is time-consuming and not scalable, thus leading to few software upgrades or updates.</p><p>Fast forward to 2016, Palantir launched the cloud-based Foundry, which gained positive reception from its commercial customers. As such, Palantir also began offering Gotham through the cloud. This allowed for the continuous delivery of Palantir&#39;s user-facing products, and it is made possible through Apollo.</p><p><img src=\"https://static.tigerbbs.com/3006a9ff19bf075547fa85acddd820b8\" tg-width=\"1280\" tg-height=\"849\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Blog</p><p>Apollo is an autonomous software deployment platform. Developers merge code once and can deploy software across all environments from a single pane of glass. With Apollo, Palantir&#39;s software — whether it be initial setup, new features, or security updates — can be rapidly and securely delivered through on-premise data centers, classified networks, embedded edge devices, the cloud, and more. More importantly, Apollo enables Palantir to bring its SaaS offering to environments where no SaaS has gone before.</p><p><img src=\"https://static.tigerbbs.com/e219616cba00fa8a47698f84061a8030\" tg-width=\"1280\" tg-height=\"1198\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Apollo Documentation</p><p>With the ever-growing popularity of SaaS offerings, the launch of Apollo enhances Palantir&#39;s distribution prowess and market adoption. Not only that, but it also accelerates customers&#39; time to value as well as caters to a broader range of customers given the vast deployment options available.</p><p>With all that said, despite its somewhat secretive nature as a public company, it seems that Palantir&#39;s three platforms display top-level interoperability and security, setting high standards to be the central operating system of the modern world. Its 2-decade tenure, solid government exposure, and widening customer base are also testaments to its unique technology offering.</p><p><b>Market Opportunity</b></p><p>According to Palantir&#39;s S-1 Filing, its total addressable market (TAM) is about $113 billion, comprising $63 billion for the government segment and $56 billion for the commercial segment. Breaking it down further by geography, Palantir estimated that the TAM for the US government sector is $26 billion while the international government sector is estimated to be $37 billion in value.</p><p>These estimates were calculated back in 2020, and we all know that there have been several important developments over the last couple of years that could mean TAM expansion for Palantir (pandemic, Russia-Ukraine war, cryptocurrency acceptance, SPAC boom, supply chain constraints, etc.). Furthermore, Palantir has rolled out additional features to supplement its core software products, which should also expand its use cases and TAM.</p><p><img src=\"https://static.tigerbbs.com/f2373ea9af4511b7dc0d5862fb73bfcb\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir FY2022 Q1 Investor Presentation</p><p>It is important to note that Palantir competes first and for most, with internal software developers where companies usually attempt to build in-house data platforms from scratch. In the fast-changing modern world, companies want speed and certainty — building their own operating systems is too high of a risk to take. That&#39;s where the opportunity is for Palantir.</p><p>Industry analysts have also sized the Big Data Analytics market to reach $200 to $600 billion+ over the next few years. It is also worth mentioning that the US government total expenditures have been on a long-term upward trajectory, which means higher incremental budgets for defense and intelligence initiatives that can flow to Palantir Gotham.</p><p><img src=\"https://static.tigerbbs.com/c57322e7cbf95536c0156247a1279152\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Source: FRED Government Total Expenditures</p><p><b>Business Model</b></p><p>The company generates revenue from the sale of cloud-based subscriptions and on-premises subscriptions — both of these include ongoing operations and maintenance services. Revenue is generally recognized over the contract term on a ratable basis.</p><p>In addition, Palantir also generates revenue from professional services such as on-demand support, platform configurations, training, and data modeling support.</p><p>According to the S-1, Palantir&#39;s &#34;pricing is based primarily on the value that we anticipate our software platforms will produce for our customers.&#34; As such, pricing and customer billings vary from contract to contract.</p><p>Palantir also incorporates usage-based pricing for Foundry, thus allowing smaller commercial customers to use Foundry without breaking the bank. As these customers scale, Palantir stands to benefit from increased usage of its platform.</p><p><img src=\"https://static.tigerbbs.com/110e80db621909781b1018543e62944c\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir FY2022 Q1 Investor Presentation</p><p>Central to its business model is its Acquire-Expand-Scale strategy:</p><ul><li><b>Acquire</b>— Customers with less than $100,000 in Revenue belong in this category. The Acquire phase involves short-term pilot projects with little to no cost to customers, in an attempt to get them to experience Palantir&#39;s value proposition. Palantir operates at a loss during this phase. However, it is expected to generate significant Revenue over time. For example, the same customers in the 2020-Acquire cohort generated $36.8 million in 2021, as opposed to just $0.3 million in the previous year.</li><li><b>Expand</b>— Customers with more than $100,000 in Revenue but negative Contribution Margins, fall into this category. The Expand phase is where customers begin to realize Palantir&#39;s value proposition, and therefore, begin ramping up investments in the software. Similar to the Acquire phase, Palantir operates at a loss during the Expand phase. However, Revenue begins to scale at this stage. For instance, 2020-Expand cohort customers generated $83.3 million in 2021, as opposed to just $20.3 million in 2020. On the flip side, Contribution Margin for this cohort was (150)%.</li><li><b>Scale</b>— Customers with more than $100,000 in Revenue and positive Contribution Margins, belong in this category. In the Scale phase, Palantir&#39;s investment costs relative to Revenue drops as customers become self-sufficient. 2020-Scale cohort customers generated $1.3 billion in 2021, as compared to $1.1 billion in the prior year. Contribution Margin for this cohort was 63% for both 2020 and 2021.</li></ul><p>From this Acquire-Expand-Scale strategy, we can see why Palantir may incur short-term losses in exchange for robust, stable Revenue and Contribution Profit generation in the long term.</p><p><b>Growth</b></p><p>Q1 Revenue came in at $490 million, which is an increase of 31% YoY. As you can see, growth has decelerated over the last few quarters as Palantir grows over a larger base. Suffice to say, we are unlikely to see the 40%+ growth rates that investors are so accustomed to seeing. However, I believe Palantir has what it takes to at least produce 30%+ growth rates over the next few years as new and existing customers continue to adopt Palantir&#39;s breakthrough software.</p><p><img src=\"https://static.tigerbbs.com/7559544858a128c3016ab6450b35b368\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>As a supplemental metric, Billings — which is Revenue plus changes in Contract Liabilities — grew faster than overall Revenue. Contract Liabilities consist of Deferred Revenue and Customer Deposits that have not been recognized as Revenue. As such, the 35% growth in Billings means that there&#39;s higher Revenue Growth potential than meets the eye. This is supported by a 157% increase in the number of deals closed in Q1, which totaled 208 deals, compared to last year&#39;s 81 deals. Nonetheless, it is still a deceleration from prior quarters.</p><p><img src=\"https://static.tigerbbs.com/595648e598473dca2315f246c7651bf9\" tg-width=\"640\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>The slowdown in growth was primarily due to the lagging Government segment. Q1 Government Revenue was $242 million, up by only 16% YoY. According to the company&#39;s10-Q, virtually all of the Government Revenue growth came from existing customers as of Q4. The softness in Government Revenue is clearly a concern given that Palantir&#39;s bull thesis is closely tied to its relationship with government agencies. However, management did mention in the Q1 earnings call that Government Revenue is expected to reaccelerate in the next quarter:</p><blockquote>In the face of our customers&#39; challenges, we have and will continue to incur expenses prior to having contracts in the delivery of mission-critical capabilities. Following these investments, we expect acceleration of our U.S. government revenue into the second half of the year. In Q2 to date, we&#39;ve already seen the reacceleration of U.S. government revenue and expect<b>acceleration of the overall government segment to follow</b>in the next quarter or shortly thereafter — CFO Dave Glazer.</blockquote><p><img src=\"https://static.tigerbbs.com/e26c627c67284b3cc48993458f06aef7\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>On the other hand, Q1 Commercial Revenue growth remained robust, which saw a 54% YoY increase, to $205 million. This is the 5th straight quarter where Commercial Revenue accelerated. In the chart below, I&#39;ve included overall, US, and Non-US growth rates for reference. As you can see, US Commercial Revenue growth outpaced overall company growth, posting a whopping 136% YoY increase. Furthermore, management expects 2022 US Commercial Revenue to double YoY for the 3rd consecutive year, to $400 million+. This shows the increasing popularity and unmatched value proposition offered by Palantir Foundry.</p><p><img src=\"https://static.tigerbbs.com/a156be633835fada048f2b61c2a619b9\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>Taking a look at customer count, we can see why there are discrepancies between the two segments. As shown below, Palantir only added 4 new Government Customers, YoY. On the other hand, Palantir added 124 new Commercial Customers. It is also worth noting that despite US Commercial Customers making up 37% of total customer count, US Commercial Revenue only makes up 15% of Total Revenue. This shows high growth potential as Commercial Customers graduate from the Acquire, to Expand, to Scale phases.</p><p><img src=\"https://static.tigerbbs.com/0f97cf954faaae336cbf0de86d37cbab\" tg-width=\"640\" tg-height=\"181\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>On a side note, Revenue Per Top 20 Customer was $45 million, up 24% YoY. In addition, Net Dollar Retention rate was 124%, a drop from Q4&#39;s 131%. The softness in these metrics may yet be another indication that Palantir&#39;s growth has peaked.</p><p><img src=\"https://static.tigerbbs.com/525de0a8212ee91c6b520d7e32ed05c4\" tg-width=\"640\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>All in all, growth for Palantir as a whole remains robust, although we are seeing some significant slowdown in the Government department. However, Foundry and the Commercial segment seem to display a healthy pipeline, which should serve as the next growth engine for the company.</p><p><b>Profitability</b></p><p>Turning to the profitability of the company, Q1 Gross Profit was $352 million, which is a 79% Gross Margin. We can see that Gross Margins have been improving steadily over the last few quarters, demonstrating economies of scale within the business.</p><p><img src=\"https://static.tigerbbs.com/29f1c07a5d9b8546479cdfeae18d3f8c\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>Contribution Profit — which is Gross Profit minus Sales &amp; Marketing Expenses but excludes Share-based Compensation (SBC) — was $252 million in Q1. This is a measure of operational efficiency in terms of deploying its software to customers. Q1 Contribution Margin was 57%, and you can see that it has trailed down as of lately. As discussed in the Business Model section, Contribution Margins are lower for customers in the Acquire and Expand phases. Since Palantir is currently focusing on acquiring new customers, especially in the Commercial realm, we can expect downward pressure on Contribution Margins in the short-to-medium term.</p><p><img src=\"https://static.tigerbbs.com/95a2cec84256bad8f80210ee7295163f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>Operating Profit for the quarter was $(39) million, a (9)% Margin. On an Adjusted basis, Operating Profit was $117 million, a 26% Margin. Adjusted Operating Margin has been trending downwards due to management ramping up investments to market its software, including expanding its direct sales team. Management mentioned that this trend should continue in the foreseeable future.</p><p><img src=\"https://static.tigerbbs.com/4a40b6efb695a06694e560bb5ad6b9a7\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>As you may have guessed, the negative GAAP Operating Margin is due to heavy SBC. Despite a stabilization in SBC after its direct listing back in 2020 Q3, SBC as a % of Revenue remains high at 33% as of Q1. However, I expect SBC to continue to drop moving forward, possibly to the 10% level over time.</p><p><img src=\"https://static.tigerbbs.com/e566cfd69fb5fe4a2a65d9f854983283\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>Q1 Net Income is much worse, which was $(101) million, a (23)% Margin. Adjusted Net Income, on the other hand, is positive at a 10% Margin.</p><p><img src=\"https://static.tigerbbs.com/a009de5afe198f34d587c05b0539f2e6\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>The poor Net Income performance relative to Operating Income is due to Palantir&#39;s realized and unrealized losses from Investments, namely the de-SPACed companies that Palantir partners with. Below are the companies that Palantir has invested in, including its corresponding amounts, as of Q4 2021. There are other SPAC investment commitments as of Q4 2021, but they may not have closed as some of these SPAC agreements did not fall through due to unfavorable market conditions. Nonetheless, some of these SPACs have lost a significant amount of their value relative to their NAV of $10 per share, which explains why Palantir&#39;s bottom line is significantly affected. Here are some examples:</p><ul><li>Lilium (LILM) — $2.69</li><li>Faraday Future (FFIE) — $2.50</li><li>Babylon Holdings (BBLN) — $1.16</li><li>Bird (BRDS) — $0.55</li><li>Wejo (WEJO) — $1.42</li></ul><p><img src=\"https://static.tigerbbs.com/a4d9a78021680283c989d7ccc40bc838\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir FY2021 10-K</p><p>Overall, Palantir has strong earnings potential given its high Gross Margin profile. Furthermore, Gross Margin has been improving, demonstrating economies of scale. However, the company has yet to show operating leverage as management continues to reinvest back into the business. High SBC expenses and losses from investments are also issues to consider.</p><p>Financial Health</p><p>Despite GAAP unprofitability, Palantir has a fortress balance sheet as the company is already cash-flow positive. As of Q1, Palantir had $2.5 billion in Cash and Short-term Investments with $0.3 billion of Total Debt, mostly in the form of Operating Lease Liabilities. As such, Palantir has a Net Cash of around $2.3 billion. Current Ratio is also at a healthy level of 4.0x.</p><p>The company also has access to $500 million from its revolving credit facility, if need be. These funds remain undrawn.</p><p><img src=\"https://static.tigerbbs.com/d41882008b5ed6978a6b0ec4d7c25b63\" tg-width=\"640\" tg-height=\"437\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>Palantir is already Free Cash Flow positive, generating $225 million of FCF in the last twelve months. FCF Margin dropped to just 5% in Q1, due to the timing of receipt of payments from customers, and timing of payments to vendors. The increase in Operating Expenses to scale the business is also a contributing factor to lower FCF Margins. However, there&#39;re reasons to believe that Palantir can achieve and sustain FCF Margins of 30%+ in the long run.</p><p><img src=\"https://static.tigerbbs.com/23c1ca2edf108ed2c6160197ceae15da\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>Given its strong balance sheet and cash-generative nature, I do not anticipate any equity raises or risks of bankruptcy. Now that Palantir is a self-funded business, Palantir needs to manage SBC spending to create the shareholder value that many investors sought for.</p><p><b>Outlook</b></p><p>In terms of outlook, management provided the following Q2 guidance:</p><ul><li><b>Revenue</b>— $470 million, implying a 25% YoY growth. This is quite a slowdown from Q1&#39;s 31% growth. However, I believe this is the most conservative scenario as management cites &#34;a wide range of potential upside&#34; driven by &#34;developing geopolitical events&#34;. US Government Revenue is also expected to accelerate in the next quarter.</li><li><b>Adjusted Operating Margin</b>— 20%. This is a drop from Q1&#39;s 27% as management ramps up investments &#34;to support our customers&#39; mission in advance of anticipated contract awards&#34;.</li></ul><p>Longer-term, management expects a 27% Adjusted Operating Margin for FY2022. In addition, management reiterated their long-term Revenue guidance of 30%+ growth for this year and the next 3 years through 2025.</p><p>Looking at Palantir&#39;s Total Remaining Deal Value can also give us a rough idea of Palantir&#39;s Revenue Potential. As shown below, Total Remaining Deal Value was $3.5 billion in Q1, up 25% YoY. This is a $0.3 billion decrease QoQ, showing some weakness in deal creation at the moment. Nevertheless, the deal pipeline remains robust and that should support Palantir&#39;s growth story moving forward.</p><p><img src=\"https://static.tigerbbs.com/d836dce4a14c27f69b8470dfc6a8a771\" tg-width=\"640\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir Investor Relations and Author&#39;s Analysis</p><p>As a public company, Palantir has also beaten analyst estimates in each and every quarter. This could be an assurance that Palantir will continue to outperform expectations.</p><p><img src=\"https://static.tigerbbs.com/b5bd8aa79eefcd7832922438f2a8e55b\" tg-width=\"640\" tg-height=\"185\" referrerpolicy=\"no-referrer\"/></p><p>Source: Seeking Alpha</p><p><b>Competitive Moats</b></p><p>Based on my research and analysis, I identified 5 competitive advantages that Palantir possesses: technology, high barriers to entry, network effects, switching costs, and culture.</p><p><i><b>Technology</b></i></p><p>Despite being a publicly-traded company, Palantir is still considered to be one of those mysterious companies that many find difficult to understand. For me, I don&#39;t have a software engineering background, which makes the task of understanding Palantir&#39;s technological value proposition a real challenge. To make matters worst, Palantir&#39;s software has little coverage from industry analysts (Forrester, Gartner, Everest Group, etc.) and business software review sites (G2, etc.). The question is, how do we know if Palantir has a technological edge?</p><p>To answer that question, we can look at the types of deals and customers Palantir has established thus far. Below is a list of some of the deals that were signed in just the first half of 2022 alone. Mind you, these are not just some small-scale projects; these deals involve some of the largest and most important players in their respective industries. Such a strong deal pipeline speaks volumes about Palantir&#39;s technology moat.</p><ul><li>US Space Systems Command— $175 million contract value through March 2023.</li><li>Stellantis(STLA) — A leading automaker and mobility provider with $170 billion of Revenue in FY2021, will leverage Palantir&#39;s Foundry.</li><li>Trafigura— One of the largest multinational commodity trading companies that generated $231 billion of Revenue in FY2021, will collaborate with Palantir to develop a supply chain carbon emissions platform.</li><li>US Department of Health and Human Services— $90 million contract value for five years.</li><li>US Centers for Disease Control and Prevention— Customer since 2010. Extended partnership to modernize data management for disease monitoring and response.</li><li>Scuderia Ferrari— Customer since 2016. Extended partnership to utilize Foundry in Scuderia Ferrari’s Power Unit.</li><li>Hyundai Heavy Industries— The largest Korean auto manufacturer and Palantir will establish a big data platform for its business, with the potential of forming a joint venture to commercialize the platform.</li></ul><p><img src=\"https://static.tigerbbs.com/2b4ae5e82fb9bfea641536e37b499417\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\"/></p><p>Source: Palantir FY2022 Q1 Investor Presentation</p><p>Palantir has also been recognized as a Leader in the Dresner Wisdom of Crowds BI Market Study. Moreover, Palantir is part of FedRAMP, a government-wide program that empowers government agencies to adopt and use cloud services, particularly for information security and protection purposes. As of this writing, Palantir has 10 FedRAMP authorizations.</p><p><img src=\"https://static.tigerbbs.com/050365289a99536a27662fa1dd176c05\" tg-width=\"640\" tg-height=\"98\" referrerpolicy=\"no-referrer\"/></p><p>Source: FedRAMP Marketplace</p><p><i><b>High Barriers to Entry</b></i></p><p>Building a central operating system of that caliber, of that complexity — that is trusted by key industry players — is no easy feat. It requires years and decades of investment, development, and refinement, and Palantir has been doing so for two decades, which gives them a strong head start. Based on my research, I haven&#39;t come across any other company that comes close to what Palantir offers. These things put together creates high barriers to entry for emerging players to compete effectively with Palantir.</p><p>Palantir is also one of the most active names in the government sector, amassing a total of 93 Government Customers. Keep in mind that building such a large network requires substantial due diligence, relationship building, and lobbying, some things that not many companies are able to do or afford. As such, as it pertains to the government business, Palantir is setting high barriers to entry that practically eliminates most competition.</p><p><i><b>Network Effects</b></i></p><p>Despite its mysterious nature, Palantir has recently made itsFoundryandApollodocumentation available to the general public. This will help individuals, companies, investors, and the media to understand Palantir&#39;s software better, which should increase publicity. More importantly, this development should spur discussions in the developer community, thus increasing awareness, and ultimately, the adoption of Palantir&#39;s products.</p><p>As mentioned earlier, Palantir has 200+ data connectors and it works with major cloud platforms such as AWS, Snowflake, and Google Cloud (GOOG), which have network effects of their own. Just recently, Palantir and Google Cloud announced their partnership to make Foundry available on Google Cloud and Google Cloud Marketplace. This gives Palantir access to Google Clouds customers, including PayPal (PYPL), Twitter (TWTR), and Etsy (ETSY).</p><p><img src=\"https://static.tigerbbs.com/c9d286b4cc95de37ff84302d2d926e0f\" tg-width=\"640\" tg-height=\"238\" referrerpolicy=\"no-referrer\"/></p><p>Source: Google Cloud</p><p>Not only that, but Palantir also works with other cloud infrastructure service providers, including the top 3 providers listed in the chart below. This should amplify product distribution, leading to powerful network effects.</p><p><img src=\"https://static.tigerbbs.com/e02e55b6a000113eba8685b42c54c009\" tg-width=\"1200\" tg-height=\"1200\" referrerpolicy=\"no-referrer\"/></p><p>Source: Statista</p><p>On a side note, Palantir has also partnered with Carahsoft, which creates a channel program to increase Palantir&#39;s reach within the US Federal sector, solidifying its position in the government side of the business. One more thing, Palantir has also recently launched the Palantir Certification Program, encouraging users to learn how to use Foundry as well as highlight their technical expertise in Foundry.</p><p>Because of all the developments mentioned above, powerful network effects should ensue.</p><p><i><b>Switching Costs</b></i></p><p>Through its Acquire-Expand-Scale business strategy, Palantir inevitably creates high switching costs among its customers. As customers graduate to the Expand and Scale phases, they have already invested millions in the platform and experienced the full benefit of Palantir&#39;s central operating systems. As a reminder, Palantir offers a software infrastructure for data and operations, and infrastructures are very difficult to replace.</p><p>Let&#39;s take a look at an example. In 2016, through a Palantir-Airbus partnership, the aviation platform Skywise was formed. Skywise also serves as the medium to distribute Foundry across the aviation industry. Today, Skywise connects more than 9,000 aircraft across more than 100 airlines on the platform. If Airbus decides to abandon this program, the entire aviation value chain would be in a state of limbo, and that is something 100+ airlines would not want to deal with.</p><p><img src=\"https://static.tigerbbs.com/2562e7b0ef3dc91801f7bd972f33533a\" tg-width=\"1024\" tg-height=\"746\" referrerpolicy=\"no-referrer\"/></p><p>Source: Harvard Business Review</p><p>Put simply, once customers use Palantir&#39;s software, they are hooked into it for the long run as switching providers (if there&#39;s even a solution better than what Palantir provides) would mean a radical change in the customers&#39; data/operations infrastructure. Moreover, developing in-house operating systems from scratch is difficult, time-consuming, and costly. In other words, customers would rather avoid the high switching costs and opportunity costs associated with replacing Palantir&#39;s operating system.</p><p><i><b>Culture</b></i></p><p>Palantir has a high Glassdoor rating of 4.3/5.0 with 79% of reviewers citing a &#34;Positive Business Outlook&#34; for the company.</p><p><img src=\"https://static.tigerbbs.com/e02901a6d5e0d6d927216ba38413df09\" tg-width=\"640\" tg-height=\"584\" referrerpolicy=\"no-referrer\"/></p><p>Source: Glassdoor</p><p>Palantir is also founder-led, with the brilliant, eccentric, and visionary CEO Alex Karp at the helm of the company since day one. According to Comparably, Alex Karp is also a Top 5% based on 680 ratings. Alex Karp and co. are some of the most mission-critical people I get the pleasure of witnessing. And Palantirians are on board with management — the numbers speak for themselves.</p><p><img src=\"https://static.tigerbbs.com/f0d1db087f00e95b151d7f55a4be71e2\" tg-width=\"640\" tg-height=\"228\" referrerpolicy=\"no-referrer\"/></p><p>Source: Comparably</p><p><b>Valuation</b></p><p>The last few quarters have been one of the most difficult times for growth investors. Growth stocks have lost 50%-90%+ of their values as raging inflation, rising interest rates, and quantitative tightening punish all things growth stocks. Palantir has not been spared from this rout. Since November 2021, Palantir has lost 70% of its value.</p><p>In terms of EV/Sales, Palantir traded as high as 50x. Today, it trades at just 6.9x. In terms of EV/Gross Profit, Palantir traded as high as 100x. Today, it trades at just 11.3x.</p><p><img src=\"https://static.tigerbbs.com/02063016a5eb93f0b0775684657b9598\" tg-width=\"640\" tg-height=\"373\" referrerpolicy=\"no-referrer\"/></p><p>Source: Koyfin</p><p>After the selloff, Palantir now trades at a market cap of roughly $16 billion. To put further context to this number, investors can buy Palantir at a cheaper valuation than its 2015 funding round, which closed at a $20 billion valuation.</p><p>While the stock may look cheap today, further downside is possible given recession fears, raging inflation, rising interest rates, supply chain constraints, and a slowdown in growth. However, there seems to be a large margin of safety for long-term investors interested in partnering up with a high-quality, wide-moat business with a long growth runway ahead.</p><p><b>Catalysts</b></p><ul><li><b>GAAP Profitability</b>— Perhaps, one of the biggest milestones that Palantir can achieve is GAAP profitability. Much of the bear theses against Palantir is the insurmountable losses on a GAAP basis. Sure, Palantir is already profitable on a Non-GAAP and FCF basis, but in the long term, stock prices go up based on improvements in the bottom line of the income statement as well as the strong non-dilutive cash flow generation of the company. As such, flipping into GAAP profitability will most likely be a boost to Palantir&#39;s bull thesis.</li><li><b>Government Reacceleration</b>— As mentioned earlier, Palantir&#39;s growth story is largely predicated on its ability to retain and expand its ecosystem of government customers. As we have seen over the last few quarters, Government Revenue growth has decelerated to head-scratching levels. To recall, Q4 and Q1 Government Revenue growth was only 26% and 16%, respectively. Such a huge deceleration is probably the reason whyArk Invest dumped shares of Palantir. Despite the plateau in the Government segment, management does expect growth in the segment to reaccelerate in the next quarter. Returning to consistent 20%-30%+ growth in this department should welcome more bulls into the camp.</li><li><b>Buyback Program</b>— A big concern at the back of some investors&#39; minds is the fact that there have been no insider purchases ever since Palantir went public. Instead, we&#39;re only seeing selling after selling by insiders. That is certainly not a confidence booster for investors. However, given the recent selloff of the stock, management may be inclined to put their capital to good use. With Palantir&#39;s large cash in hand of $2.5 billion, management may start a share repurchase program, a well-needed silver lining during what seemed to be the gloomiest market environment we&#39;ve seen since the dot-com bubble and great financial crisis.</li></ul><p><b>Risks</b></p><ul><li><b>Revenue Concentration</b>— In FY2020 and FY2021, Palantir&#39;s top three customers accounted for 25% and 18% of total Revenue. While Revenue concentration is getting better, it is still a risk worth considering. On a side note, Palantir has a long sales cycle of six months to more than a year. Therefore, if Palantir loses major customers, it will take time for the company to recoup the losses as a result of customers leaving the platform.</li><li><b>SPAC Investments</b>— During the Q1 earnings call, management mentioned that Revenue contribution from SPAC investments is expected to be about $30 million per quarter. That is an annual run rate of $120 million. With that said, some of these de-SPACed companies are trading like penny stocks. Most of these companies are also unprofitable and worse, some of them are concept companies generating zero Revenue. As such, there&#39;s a strong likelihood that some of them will eventually go bankrupt. When this happens, Palantir&#39;s: 1) Revenue is negatively affected, 2) customer count decreases, and 3) earnings per share takes a hit as the company faces higher losses from investments.</li><li><b>Dilution</b>— This is perhaps the most controversial topic when it comes to investing in Palantir. While SBC as a % of Revenue is gradually improving, there&#39;s no denying that SBC spending has been high and continues to be high. This makes dilution a real problem, no matter how much growth the company can bring into the business. As shown below, Shares Outstanding more than tripled in the last two years.</li></ul><p><img src=\"https://static.tigerbbs.com/ff17e5bbcda87aa888bacd421bbaad77\" tg-width=\"640\" tg-height=\"46\" referrerpolicy=\"no-referrer\"/></p><p>Source: Seeking Alpha</p><p><b>Conclusion</b></p><p>Palantir is building the central operating system for the modern world, powered by its three platforms: Gotham, Foundry, and Apollo. The company is posting strong growth numbers, particularly fueled by its Commercial segment, which will be the primary driving force of growth in the years to come. On the other hand, the Government segment is showing some weakness, although management expects a reacceleration of growth in that department. Nevertheless, Palantir has technology, network effects, switching costs, high barriers to entry, and culture moats that should support its growth trajectory.</p><p>The past few months have not been easy for the stock, but the valuation reset is well needed and I think it has overshot to the downside. While we may see new lows due to a tough macro environment and the risks mentioned above, I believe there&#39;s a substantial margin of safety for long-term investors. I believe it is an opportune time to accumulate shares of this high-quality, wide-moat, black box company.</p><p>Thank you for reading my Palantir deep dive.</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>Palantir: The Black Box Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir: The Black Box Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 13:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4519420-palantir-stock-selloff-overdone-robust-growth><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGround Zero led to Zero to One — One being Palantir.Palantir is building the central operating system of the modern world.Growth remains robust, particularly in its Commercial segment, which ...</p>\n\n<a href=\"https://seekingalpha.com/article/4519420-palantir-stock-selloff-overdone-robust-growth\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4519420-palantir-stock-selloff-overdone-robust-growth","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178592634","content_text":"SummaryGround Zero led to Zero to One — One being Palantir.Palantir is building the central operating system of the modern world.Growth remains robust, particularly in its Commercial segment, which will be the main growth engine for the company in the next decade.Dilution and GAAP unprofitability remain the biggest risks, especially so in this kind of market environment.Although we may see further downside, the selloff seems to be overdone. Palantir is a buy.Given the complexity and mysterious nature of the business, this Palantir (NYSE:PLTR) deep dive is probably the most difficult piece that I've written compared to other company deep dives that I've covered so far. I hope you find value in this article. Enjoy!Investment ThesisPalantir: the meme stock, the cult stock, the black box company. There's a lot of chatter about Palantir on the Internet and I've come to notice that there's a lot of love and hate for the company. Regardless of what others say, it is undeniable that Palantir is one of the most mission-critical companies today.Palantir is building the central operating system of the modern world, turning chaos into order. The ultimate bull thesis is that Palantir will replace legacy data and operations infrastructure, and Palantir's technology and management are more than capable of achieving this ambition.The selloff has also created a wonderful opportunity to accumulate shares of Palantir. Palantir is a Buy at these levels.Value PropositionOn 11th September 2001, 19 terrorists hijacked four commercial airlines during what seemed to be a normal working day for corporate America. What followed left the world at a standstill — things happened so slowly and so quickly that billions of people all over the globe were paralyzed by what they were seeing on their TV screens.Two planes struck both the North and South Towers of the World Trade Center, only to leave both skyscrapers crumbling down a few hours later. Another plane crashed on the west side of The Pentagon, the home of the US Department of Defense, which left question marks on the true strength of the US military. The last plane, fortunately, failed to demolish its intended building target as a passenger steered the plane to an open field.2,977 people lost their lives that day.Undoubtedly, 9/11 left a huge scar on America. For one, the World Trade Center crash site was dubbed Ground Zero. While America work its way to recover and regain its confidence after the attacks, five entrepreneurs — Peter Thiel, Joe Lonsdale, Stephen Cohen, Nathan Gettings, and Alex Karp — joined forces to form Palantir. The name of the company resembles palantíri or \"seeing stones\" from the movie The Lord of the Rings. These stones were balls of crystal that enable the users to communicate with one another and to see afar, much like what Palantir was designed to do — to identify, anticipate, and prevent future attacks.In essence, Ground Zero became the stepping stone to Zero to One—One being Palantir.This is a good segway to the first topic of this article: what does Palantir do as a business?In a nutshell, Palantir builds and deploys the foundational software of tomorrow that serves as the central operating system for its customers.Traditionally, government and commercial institutions need to invest millions and even billions of dollars to build their own digital infrastructures, enterprise data warehouses, and digital twin models, which are incredibly difficult, complex, and risky to execute. But for Palantir, the more difficult, complex, and risky it is, the bigger the opportunity and the more likely it is for Palantir to succeed.With that in mind, Palantir aims to help organizations to accelerate their digital transformation by integrating their data, decisions, and operations at scale. In other words, Palantir is a big data platform that helps companies make sense of their data to make data-driven decisions.This is achieved through Palantir's three core products: Gotham, Foundry, and Apollo.GothamPalantir Gotham is the operating system for government decision-making. It has been used by government agencies including the USIC, NSA, FBI, CDC, and Air force to combat terrorism and analyze various highly-sensitive, highly-confidential matters. Rumors have also surfaced about Palantir Gotham playing a certain role in helping the US Navy SEALs locate and assassinate former Al-Qaeda leader, Osama bin Laden.Source: Palantir WebsiteAside from government agencies, financial institutions have also adopted Gotham specifically for fraud detection and investigations.Gotham leverages artificial intelligence to identify patterns, threats, and hidden information deep within cluttered datasets. At the same time, machine learning embedded in its software provides continuous feedback loops which improve its models over time, allowing for smarter and faster decision-making.Given that Gotham caters specifically to government functions, not much information has been published regarding its technology, thus the black-box nature of the overall business. The company's S-1 filing does cover a few features but it is quite vague, to say the least. On one hand, we can look at Palantir's commercial product, Foundry, to at least get some level of understanding of how Gotham works.FoundryPalantir Foundry is the operating system for modern enterprises. Foundry has an open architecture and it integrates siloed data sources, analytics, and teams into a common foundation.Source: Palantir WebsiteThere are 5 layers to the Foundry stack, with each layer bridging the gap between data analytics and operational decision-making:Data Integration— Foundry utilizes 200+ data connectors to integrate different data sources, data lakes, and data warehouses across the enterprise, across different types of data points including structured, unstructured, streaming, IoT, transactional, geospatial data, and more.Model Integration— Customers can integrate business logic and models by using Foundry's open, interoperable architecture along with third-party models like Snowflake (SNOW), Microsoft Azure (MSFT), and AWS (AMZN). Foundry can extend these third-party platforms into operations with bi-directional data syncs to ensure that Foundry is always in sync with those existing data systems.Ontology— Foundry connects all the data and models, and brings them together into a common foundation that can be used by the entire organization. This is called the Ontology and it is the operational layer of the organization. The Ontology connects all the digital assets (data and models) to their real-world counterparts (such as equipment, products, and customer orders), forming a digital twin of the enterprise that users can interact with.Workflows— With the Ontology in place, users can develop custom workflows or use out-of-the-box applications. As more and more objects, actions, and workflows are added, the shared Ontology evolves over time with greater operational knowledge.Decision Orchestration— After integrating all the historically siloed data and models, Foundry enables users to take actionable and insightful decisions, whether through manual operations, simulations, or AI.While this may be an oversimplified explanation of the Foundry platform, it does give us a rough idea of how Foundry works. Perhaps, we can take a look at a case study to get a better grasp of what Foundry does.For example, here's how one of the largest utility companies in the US, PG&E, uses Foundry:Data Integration— PG&E is facing a massive climate threat as global warming increases the risks of wildfire breakouts. As such, the company needs to leverage the 8-10 billion data points it receives every single day to operate a safe and reliable energy system. Foundry helps to aggregate and make sense of these data.Model Integration— Palantir has an open architecture that allows PG&E to integrate Foundry and other third-party models into a single platform. This enables PG&E to utilize all the models and data across various platforms, which ultimately gives richer datasets to combat wildfires.Ontology— PG&E has launched the Enhanced Powerline Safety Settings to protect the grid and prevent wildfires. By integrating equipment health data, geospatial location, and network topology, Foundry is able to create a digital representation of PG&E's entire grid and its 25,000+ miles of wire. This way, PG&E can monitor the various components of the grid, and identify which of them need preventative maintenance.Source: Palantir YouTubeWorkflows— PG&E can leverage a common set of objects, actions, and relationships to develop custom workflows. Foundry enables PG&E to manage workflows across the lifecycle of the grid including scenario modeling, work planning, scheduling, executing, operating, and closing.Decision Orchestration— Based on the new data that Foundry presented, PG&E can now make more informed decisions to protect its grid. For instance, PG&E can automate the switching on and off of certain devices in the grid, based on specific weather conditions, thus decreasing the likelihood of wildfires.Again, this is just one of many use cases. Foundry is applicable to other industries including auto racing, anti-money laundering, cryptocurrency, financial services, emerging startups, supply chains, telecommunications, and more.Ultimately, Foundry aims to be the central operating system for modern commercial entities, replacing legacy data infrastructures and operating systems. Palantir has even gone as far as claiming that Foundry will be the next AWS in the coming decade.Source: Palantir FY2022 Q1 Investor PresentationApolloPalantir Apollo is the operating system for continuous delivery. Apollo serves as the software to manage, deploy, and maintain Gotham and Foundry worldwide, across virtually any environment. Before its launch, deploying Palantir's software involves manual installations, upgrades, and configurations, which is especially true for the non-tech savvy governmental organizations. Back in 2008, Palantir Gotham ran on-premises, which is time-consuming and not scalable, thus leading to few software upgrades or updates.Fast forward to 2016, Palantir launched the cloud-based Foundry, which gained positive reception from its commercial customers. As such, Palantir also began offering Gotham through the cloud. This allowed for the continuous delivery of Palantir's user-facing products, and it is made possible through Apollo.Source: Palantir BlogApollo is an autonomous software deployment platform. Developers merge code once and can deploy software across all environments from a single pane of glass. With Apollo, Palantir's software — whether it be initial setup, new features, or security updates — can be rapidly and securely delivered through on-premise data centers, classified networks, embedded edge devices, the cloud, and more. More importantly, Apollo enables Palantir to bring its SaaS offering to environments where no SaaS has gone before.Source: Palantir Apollo DocumentationWith the ever-growing popularity of SaaS offerings, the launch of Apollo enhances Palantir's distribution prowess and market adoption. Not only that, but it also accelerates customers' time to value as well as caters to a broader range of customers given the vast deployment options available.With all that said, despite its somewhat secretive nature as a public company, it seems that Palantir's three platforms display top-level interoperability and security, setting high standards to be the central operating system of the modern world. Its 2-decade tenure, solid government exposure, and widening customer base are also testaments to its unique technology offering.Market OpportunityAccording to Palantir's S-1 Filing, its total addressable market (TAM) is about $113 billion, comprising $63 billion for the government segment and $56 billion for the commercial segment. Breaking it down further by geography, Palantir estimated that the TAM for the US government sector is $26 billion while the international government sector is estimated to be $37 billion in value.These estimates were calculated back in 2020, and we all know that there have been several important developments over the last couple of years that could mean TAM expansion for Palantir (pandemic, Russia-Ukraine war, cryptocurrency acceptance, SPAC boom, supply chain constraints, etc.). Furthermore, Palantir has rolled out additional features to supplement its core software products, which should also expand its use cases and TAM.Source: Palantir FY2022 Q1 Investor PresentationIt is important to note that Palantir competes first and for most, with internal software developers where companies usually attempt to build in-house data platforms from scratch. In the fast-changing modern world, companies want speed and certainty — building their own operating systems is too high of a risk to take. That's where the opportunity is for Palantir.Industry analysts have also sized the Big Data Analytics market to reach $200 to $600 billion+ over the next few years. It is also worth mentioning that the US government total expenditures have been on a long-term upward trajectory, which means higher incremental budgets for defense and intelligence initiatives that can flow to Palantir Gotham.Source: FRED Government Total ExpendituresBusiness ModelThe company generates revenue from the sale of cloud-based subscriptions and on-premises subscriptions — both of these include ongoing operations and maintenance services. Revenue is generally recognized over the contract term on a ratable basis.In addition, Palantir also generates revenue from professional services such as on-demand support, platform configurations, training, and data modeling support.According to the S-1, Palantir's \"pricing is based primarily on the value that we anticipate our software platforms will produce for our customers.\" As such, pricing and customer billings vary from contract to contract.Palantir also incorporates usage-based pricing for Foundry, thus allowing smaller commercial customers to use Foundry without breaking the bank. As these customers scale, Palantir stands to benefit from increased usage of its platform.Source: Palantir FY2022 Q1 Investor PresentationCentral to its business model is its Acquire-Expand-Scale strategy:Acquire— Customers with less than $100,000 in Revenue belong in this category. The Acquire phase involves short-term pilot projects with little to no cost to customers, in an attempt to get them to experience Palantir's value proposition. Palantir operates at a loss during this phase. However, it is expected to generate significant Revenue over time. For example, the same customers in the 2020-Acquire cohort generated $36.8 million in 2021, as opposed to just $0.3 million in the previous year.Expand— Customers with more than $100,000 in Revenue but negative Contribution Margins, fall into this category. The Expand phase is where customers begin to realize Palantir's value proposition, and therefore, begin ramping up investments in the software. Similar to the Acquire phase, Palantir operates at a loss during the Expand phase. However, Revenue begins to scale at this stage. For instance, 2020-Expand cohort customers generated $83.3 million in 2021, as opposed to just $20.3 million in 2020. On the flip side, Contribution Margin for this cohort was (150)%.Scale— Customers with more than $100,000 in Revenue and positive Contribution Margins, belong in this category. In the Scale phase, Palantir's investment costs relative to Revenue drops as customers become self-sufficient. 2020-Scale cohort customers generated $1.3 billion in 2021, as compared to $1.1 billion in the prior year. Contribution Margin for this cohort was 63% for both 2020 and 2021.From this Acquire-Expand-Scale strategy, we can see why Palantir may incur short-term losses in exchange for robust, stable Revenue and Contribution Profit generation in the long term.GrowthQ1 Revenue came in at $490 million, which is an increase of 31% YoY. As you can see, growth has decelerated over the last few quarters as Palantir grows over a larger base. Suffice to say, we are unlikely to see the 40%+ growth rates that investors are so accustomed to seeing. However, I believe Palantir has what it takes to at least produce 30%+ growth rates over the next few years as new and existing customers continue to adopt Palantir's breakthrough software.Source: Palantir Investor Relations and Author's AnalysisAs a supplemental metric, Billings — which is Revenue plus changes in Contract Liabilities — grew faster than overall Revenue. Contract Liabilities consist of Deferred Revenue and Customer Deposits that have not been recognized as Revenue. As such, the 35% growth in Billings means that there's higher Revenue Growth potential than meets the eye. This is supported by a 157% increase in the number of deals closed in Q1, which totaled 208 deals, compared to last year's 81 deals. Nonetheless, it is still a deceleration from prior quarters.Source: Palantir Investor Relations and Author's AnalysisThe slowdown in growth was primarily due to the lagging Government segment. Q1 Government Revenue was $242 million, up by only 16% YoY. According to the company's10-Q, virtually all of the Government Revenue growth came from existing customers as of Q4. The softness in Government Revenue is clearly a concern given that Palantir's bull thesis is closely tied to its relationship with government agencies. However, management did mention in the Q1 earnings call that Government Revenue is expected to reaccelerate in the next quarter:In the face of our customers' challenges, we have and will continue to incur expenses prior to having contracts in the delivery of mission-critical capabilities. Following these investments, we expect acceleration of our U.S. government revenue into the second half of the year. In Q2 to date, we've already seen the reacceleration of U.S. government revenue and expectacceleration of the overall government segment to followin the next quarter or shortly thereafter — CFO Dave Glazer.Source: Palantir Investor Relations and Author's AnalysisOn the other hand, Q1 Commercial Revenue growth remained robust, which saw a 54% YoY increase, to $205 million. This is the 5th straight quarter where Commercial Revenue accelerated. In the chart below, I've included overall, US, and Non-US growth rates for reference. As you can see, US Commercial Revenue growth outpaced overall company growth, posting a whopping 136% YoY increase. Furthermore, management expects 2022 US Commercial Revenue to double YoY for the 3rd consecutive year, to $400 million+. This shows the increasing popularity and unmatched value proposition offered by Palantir Foundry.Source: Palantir Investor Relations and Author's AnalysisTaking a look at customer count, we can see why there are discrepancies between the two segments. As shown below, Palantir only added 4 new Government Customers, YoY. On the other hand, Palantir added 124 new Commercial Customers. It is also worth noting that despite US Commercial Customers making up 37% of total customer count, US Commercial Revenue only makes up 15% of Total Revenue. This shows high growth potential as Commercial Customers graduate from the Acquire, to Expand, to Scale phases.Source: Palantir Investor Relations and Author's AnalysisOn a side note, Revenue Per Top 20 Customer was $45 million, up 24% YoY. In addition, Net Dollar Retention rate was 124%, a drop from Q4's 131%. The softness in these metrics may yet be another indication that Palantir's growth has peaked.Source: Palantir Investor Relations and Author's AnalysisAll in all, growth for Palantir as a whole remains robust, although we are seeing some significant slowdown in the Government department. However, Foundry and the Commercial segment seem to display a healthy pipeline, which should serve as the next growth engine for the company.ProfitabilityTurning to the profitability of the company, Q1 Gross Profit was $352 million, which is a 79% Gross Margin. We can see that Gross Margins have been improving steadily over the last few quarters, demonstrating economies of scale within the business.Source: Palantir Investor Relations and Author's AnalysisContribution Profit — which is Gross Profit minus Sales & Marketing Expenses but excludes Share-based Compensation (SBC) — was $252 million in Q1. This is a measure of operational efficiency in terms of deploying its software to customers. Q1 Contribution Margin was 57%, and you can see that it has trailed down as of lately. As discussed in the Business Model section, Contribution Margins are lower for customers in the Acquire and Expand phases. Since Palantir is currently focusing on acquiring new customers, especially in the Commercial realm, we can expect downward pressure on Contribution Margins in the short-to-medium term.Source: Palantir Investor Relations and Author's AnalysisOperating Profit for the quarter was $(39) million, a (9)% Margin. On an Adjusted basis, Operating Profit was $117 million, a 26% Margin. Adjusted Operating Margin has been trending downwards due to management ramping up investments to market its software, including expanding its direct sales team. Management mentioned that this trend should continue in the foreseeable future.Source: Palantir Investor Relations and Author's AnalysisAs you may have guessed, the negative GAAP Operating Margin is due to heavy SBC. Despite a stabilization in SBC after its direct listing back in 2020 Q3, SBC as a % of Revenue remains high at 33% as of Q1. However, I expect SBC to continue to drop moving forward, possibly to the 10% level over time.Source: Palantir Investor Relations and Author's AnalysisQ1 Net Income is much worse, which was $(101) million, a (23)% Margin. Adjusted Net Income, on the other hand, is positive at a 10% Margin.Source: Palantir Investor Relations and Author's AnalysisThe poor Net Income performance relative to Operating Income is due to Palantir's realized and unrealized losses from Investments, namely the de-SPACed companies that Palantir partners with. Below are the companies that Palantir has invested in, including its corresponding amounts, as of Q4 2021. There are other SPAC investment commitments as of Q4 2021, but they may not have closed as some of these SPAC agreements did not fall through due to unfavorable market conditions. Nonetheless, some of these SPACs have lost a significant amount of their value relative to their NAV of $10 per share, which explains why Palantir's bottom line is significantly affected. Here are some examples:Lilium (LILM) — $2.69Faraday Future (FFIE) — $2.50Babylon Holdings (BBLN) — $1.16Bird (BRDS) — $0.55Wejo (WEJO) — $1.42Source: Palantir FY2021 10-KOverall, Palantir has strong earnings potential given its high Gross Margin profile. Furthermore, Gross Margin has been improving, demonstrating economies of scale. However, the company has yet to show operating leverage as management continues to reinvest back into the business. High SBC expenses and losses from investments are also issues to consider.Financial HealthDespite GAAP unprofitability, Palantir has a fortress balance sheet as the company is already cash-flow positive. As of Q1, Palantir had $2.5 billion in Cash and Short-term Investments with $0.3 billion of Total Debt, mostly in the form of Operating Lease Liabilities. As such, Palantir has a Net Cash of around $2.3 billion. Current Ratio is also at a healthy level of 4.0x.The company also has access to $500 million from its revolving credit facility, if need be. These funds remain undrawn.Source: Palantir Investor Relations and Author's AnalysisPalantir is already Free Cash Flow positive, generating $225 million of FCF in the last twelve months. FCF Margin dropped to just 5% in Q1, due to the timing of receipt of payments from customers, and timing of payments to vendors. The increase in Operating Expenses to scale the business is also a contributing factor to lower FCF Margins. However, there're reasons to believe that Palantir can achieve and sustain FCF Margins of 30%+ in the long run.Source: Palantir Investor Relations and Author's AnalysisGiven its strong balance sheet and cash-generative nature, I do not anticipate any equity raises or risks of bankruptcy. Now that Palantir is a self-funded business, Palantir needs to manage SBC spending to create the shareholder value that many investors sought for.OutlookIn terms of outlook, management provided the following Q2 guidance:Revenue— $470 million, implying a 25% YoY growth. This is quite a slowdown from Q1's 31% growth. However, I believe this is the most conservative scenario as management cites \"a wide range of potential upside\" driven by \"developing geopolitical events\". US Government Revenue is also expected to accelerate in the next quarter.Adjusted Operating Margin— 20%. This is a drop from Q1's 27% as management ramps up investments \"to support our customers' mission in advance of anticipated contract awards\".Longer-term, management expects a 27% Adjusted Operating Margin for FY2022. In addition, management reiterated their long-term Revenue guidance of 30%+ growth for this year and the next 3 years through 2025.Looking at Palantir's Total Remaining Deal Value can also give us a rough idea of Palantir's Revenue Potential. As shown below, Total Remaining Deal Value was $3.5 billion in Q1, up 25% YoY. This is a $0.3 billion decrease QoQ, showing some weakness in deal creation at the moment. Nevertheless, the deal pipeline remains robust and that should support Palantir's growth story moving forward.Source: Palantir Investor Relations and Author's AnalysisAs a public company, Palantir has also beaten analyst estimates in each and every quarter. This could be an assurance that Palantir will continue to outperform expectations.Source: Seeking AlphaCompetitive MoatsBased on my research and analysis, I identified 5 competitive advantages that Palantir possesses: technology, high barriers to entry, network effects, switching costs, and culture.TechnologyDespite being a publicly-traded company, Palantir is still considered to be one of those mysterious companies that many find difficult to understand. For me, I don't have a software engineering background, which makes the task of understanding Palantir's technological value proposition a real challenge. To make matters worst, Palantir's software has little coverage from industry analysts (Forrester, Gartner, Everest Group, etc.) and business software review sites (G2, etc.). The question is, how do we know if Palantir has a technological edge?To answer that question, we can look at the types of deals and customers Palantir has established thus far. Below is a list of some of the deals that were signed in just the first half of 2022 alone. Mind you, these are not just some small-scale projects; these deals involve some of the largest and most important players in their respective industries. Such a strong deal pipeline speaks volumes about Palantir's technology moat.US Space Systems Command— $175 million contract value through March 2023.Stellantis(STLA) — A leading automaker and mobility provider with $170 billion of Revenue in FY2021, will leverage Palantir's Foundry.Trafigura— One of the largest multinational commodity trading companies that generated $231 billion of Revenue in FY2021, will collaborate with Palantir to develop a supply chain carbon emissions platform.US Department of Health and Human Services— $90 million contract value for five years.US Centers for Disease Control and Prevention— Customer since 2010. Extended partnership to modernize data management for disease monitoring and response.Scuderia Ferrari— Customer since 2016. Extended partnership to utilize Foundry in Scuderia Ferrari’s Power Unit.Hyundai Heavy Industries— The largest Korean auto manufacturer and Palantir will establish a big data platform for its business, with the potential of forming a joint venture to commercialize the platform.Source: Palantir FY2022 Q1 Investor PresentationPalantir has also been recognized as a Leader in the Dresner Wisdom of Crowds BI Market Study. Moreover, Palantir is part of FedRAMP, a government-wide program that empowers government agencies to adopt and use cloud services, particularly for information security and protection purposes. As of this writing, Palantir has 10 FedRAMP authorizations.Source: FedRAMP MarketplaceHigh Barriers to EntryBuilding a central operating system of that caliber, of that complexity — that is trusted by key industry players — is no easy feat. It requires years and decades of investment, development, and refinement, and Palantir has been doing so for two decades, which gives them a strong head start. Based on my research, I haven't come across any other company that comes close to what Palantir offers. These things put together creates high barriers to entry for emerging players to compete effectively with Palantir.Palantir is also one of the most active names in the government sector, amassing a total of 93 Government Customers. Keep in mind that building such a large network requires substantial due diligence, relationship building, and lobbying, some things that not many companies are able to do or afford. As such, as it pertains to the government business, Palantir is setting high barriers to entry that practically eliminates most competition.Network EffectsDespite its mysterious nature, Palantir has recently made itsFoundryandApollodocumentation available to the general public. This will help individuals, companies, investors, and the media to understand Palantir's software better, which should increase publicity. More importantly, this development should spur discussions in the developer community, thus increasing awareness, and ultimately, the adoption of Palantir's products.As mentioned earlier, Palantir has 200+ data connectors and it works with major cloud platforms such as AWS, Snowflake, and Google Cloud (GOOG), which have network effects of their own. Just recently, Palantir and Google Cloud announced their partnership to make Foundry available on Google Cloud and Google Cloud Marketplace. This gives Palantir access to Google Clouds customers, including PayPal (PYPL), Twitter (TWTR), and Etsy (ETSY).Source: Google CloudNot only that, but Palantir also works with other cloud infrastructure service providers, including the top 3 providers listed in the chart below. This should amplify product distribution, leading to powerful network effects.Source: StatistaOn a side note, Palantir has also partnered with Carahsoft, which creates a channel program to increase Palantir's reach within the US Federal sector, solidifying its position in the government side of the business. One more thing, Palantir has also recently launched the Palantir Certification Program, encouraging users to learn how to use Foundry as well as highlight their technical expertise in Foundry.Because of all the developments mentioned above, powerful network effects should ensue.Switching CostsThrough its Acquire-Expand-Scale business strategy, Palantir inevitably creates high switching costs among its customers. As customers graduate to the Expand and Scale phases, they have already invested millions in the platform and experienced the full benefit of Palantir's central operating systems. As a reminder, Palantir offers a software infrastructure for data and operations, and infrastructures are very difficult to replace.Let's take a look at an example. In 2016, through a Palantir-Airbus partnership, the aviation platform Skywise was formed. Skywise also serves as the medium to distribute Foundry across the aviation industry. Today, Skywise connects more than 9,000 aircraft across more than 100 airlines on the platform. If Airbus decides to abandon this program, the entire aviation value chain would be in a state of limbo, and that is something 100+ airlines would not want to deal with.Source: Harvard Business ReviewPut simply, once customers use Palantir's software, they are hooked into it for the long run as switching providers (if there's even a solution better than what Palantir provides) would mean a radical change in the customers' data/operations infrastructure. Moreover, developing in-house operating systems from scratch is difficult, time-consuming, and costly. In other words, customers would rather avoid the high switching costs and opportunity costs associated with replacing Palantir's operating system.CulturePalantir has a high Glassdoor rating of 4.3/5.0 with 79% of reviewers citing a \"Positive Business Outlook\" for the company.Source: GlassdoorPalantir is also founder-led, with the brilliant, eccentric, and visionary CEO Alex Karp at the helm of the company since day one. According to Comparably, Alex Karp is also a Top 5% based on 680 ratings. Alex Karp and co. are some of the most mission-critical people I get the pleasure of witnessing. And Palantirians are on board with management — the numbers speak for themselves.Source: ComparablyValuationThe last few quarters have been one of the most difficult times for growth investors. Growth stocks have lost 50%-90%+ of their values as raging inflation, rising interest rates, and quantitative tightening punish all things growth stocks. Palantir has not been spared from this rout. Since November 2021, Palantir has lost 70% of its value.In terms of EV/Sales, Palantir traded as high as 50x. Today, it trades at just 6.9x. In terms of EV/Gross Profit, Palantir traded as high as 100x. Today, it trades at just 11.3x.Source: KoyfinAfter the selloff, Palantir now trades at a market cap of roughly $16 billion. To put further context to this number, investors can buy Palantir at a cheaper valuation than its 2015 funding round, which closed at a $20 billion valuation.While the stock may look cheap today, further downside is possible given recession fears, raging inflation, rising interest rates, supply chain constraints, and a slowdown in growth. However, there seems to be a large margin of safety for long-term investors interested in partnering up with a high-quality, wide-moat business with a long growth runway ahead.CatalystsGAAP Profitability— Perhaps, one of the biggest milestones that Palantir can achieve is GAAP profitability. Much of the bear theses against Palantir is the insurmountable losses on a GAAP basis. Sure, Palantir is already profitable on a Non-GAAP and FCF basis, but in the long term, stock prices go up based on improvements in the bottom line of the income statement as well as the strong non-dilutive cash flow generation of the company. As such, flipping into GAAP profitability will most likely be a boost to Palantir's bull thesis.Government Reacceleration— As mentioned earlier, Palantir's growth story is largely predicated on its ability to retain and expand its ecosystem of government customers. As we have seen over the last few quarters, Government Revenue growth has decelerated to head-scratching levels. To recall, Q4 and Q1 Government Revenue growth was only 26% and 16%, respectively. Such a huge deceleration is probably the reason whyArk Invest dumped shares of Palantir. Despite the plateau in the Government segment, management does expect growth in the segment to reaccelerate in the next quarter. Returning to consistent 20%-30%+ growth in this department should welcome more bulls into the camp.Buyback Program— A big concern at the back of some investors' minds is the fact that there have been no insider purchases ever since Palantir went public. Instead, we're only seeing selling after selling by insiders. That is certainly not a confidence booster for investors. However, given the recent selloff of the stock, management may be inclined to put their capital to good use. With Palantir's large cash in hand of $2.5 billion, management may start a share repurchase program, a well-needed silver lining during what seemed to be the gloomiest market environment we've seen since the dot-com bubble and great financial crisis.RisksRevenue Concentration— In FY2020 and FY2021, Palantir's top three customers accounted for 25% and 18% of total Revenue. While Revenue concentration is getting better, it is still a risk worth considering. On a side note, Palantir has a long sales cycle of six months to more than a year. Therefore, if Palantir loses major customers, it will take time for the company to recoup the losses as a result of customers leaving the platform.SPAC Investments— During the Q1 earnings call, management mentioned that Revenue contribution from SPAC investments is expected to be about $30 million per quarter. That is an annual run rate of $120 million. With that said, some of these de-SPACed companies are trading like penny stocks. Most of these companies are also unprofitable and worse, some of them are concept companies generating zero Revenue. As such, there's a strong likelihood that some of them will eventually go bankrupt. When this happens, Palantir's: 1) Revenue is negatively affected, 2) customer count decreases, and 3) earnings per share takes a hit as the company faces higher losses from investments.Dilution— This is perhaps the most controversial topic when it comes to investing in Palantir. While SBC as a % of Revenue is gradually improving, there's no denying that SBC spending has been high and continues to be high. This makes dilution a real problem, no matter how much growth the company can bring into the business. As shown below, Shares Outstanding more than tripled in the last two years.Source: Seeking AlphaConclusionPalantir is building the central operating system for the modern world, powered by its three platforms: Gotham, Foundry, and Apollo. The company is posting strong growth numbers, particularly fueled by its Commercial segment, which will be the primary driving force of growth in the years to come. On the other hand, the Government segment is showing some weakness, although management expects a reacceleration of growth in that department. Nevertheless, Palantir has technology, network effects, switching costs, high barriers to entry, and culture moats that should support its growth trajectory.The past few months have not been easy for the stock, but the valuation reset is well needed and I think it has overshot to the downside. While we may see new lows due to a tough macro environment and the risks mentioned above, I believe there's a substantial margin of safety for long-term investors. I believe it is an opportune time to accumulate shares of this high-quality, wide-moat, black box company.Thank you for reading my Palantir deep dive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049253742,"gmtCreate":1655806150986,"gmtModify":1676535708488,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049253742","repostId":"9049222829","repostType":1,"repost":{"id":9049222829,"gmtCreate":1655805041973,"gmtModify":1676535708341,"author":{"id":"4116994396808302","authorId":"4116994396808302","name":"Fluidsdoc","avatar":"https://community-static.tradeup.com/news/1c9502d544b552d8b8ee3833e0addff4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Should investors use the upcoming stock split to build a position?","htmlText":"Stock splits affect a company's share price, but not its overall value. Lower share prices help retail investors avoid concentrating too much money in one company. Alphabet remains a market leader in digital advertising. Stock splits are all the rage in 2022.Amazon<a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> &nbsp;just completed its first split in more than a decade;Tesla<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a> plans a 3-for-1 split later this year. And Google parent&nbsp;Alphabet<a href=\"https://laohu8.com/S/GOOG\">$Alphabet(GOOG)$</a> <a href=\"https://laohu8.com/S/GOOGL\">$Alphabet(GOOGL)$</a> will execute a 20-for-1 split on July 1.Although stock splits don't affect a company's fundamentals or overall market cap, they can impact how investors feel about a","listText":"Stock splits affect a company's share price, but not its overall value. Lower share prices help retail investors avoid concentrating too much money in one company. Alphabet remains a market leader in digital advertising. Stock splits are all the rage in 2022.Amazon<a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> &nbsp;just completed its first split in more than a decade;Tesla<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a> plans a 3-for-1 split later this year. And Google parent&nbsp;Alphabet<a href=\"https://laohu8.com/S/GOOG\">$Alphabet(GOOG)$</a> <a href=\"https://laohu8.com/S/GOOGL\">$Alphabet(GOOGL)$</a> will execute a 20-for-1 split on July 1.Although stock splits don't affect a company's fundamentals or overall market cap, they can impact how investors feel about a","text":"Stock splits affect a company's share price, but not its overall value. Lower share prices help retail investors avoid concentrating too much money in one company. Alphabet remains a market leader in digital advertising. Stock splits are all the rage in 2022.Amazon$Amazon.com(AMZN)$ just completed its first split in more than a decade;Tesla$Tesla Motors(TSLA)$ plans a 3-for-1 split later this year. And Google parent Alphabet$Alphabet(GOOG)$ $Alphabet(GOOGL)$ will execute a 20-for-1 split on July 1.Although stock splits don't affect a company's fundamentals or overall market cap, they can impact how investors feel about a","images":[{"img":"https://community-static.tradeup.com/news/b3e1a8171f33fba840ca10b50e135bc8","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049222829","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049253542,"gmtCreate":1655806135586,"gmtModify":1676535708513,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049253542","repostId":"9049222829","repostType":1,"repost":{"id":9049222829,"gmtCreate":1655805041973,"gmtModify":1676535708341,"author":{"id":"4116994396808302","authorId":"4116994396808302","name":"Fluidsdoc","avatar":"https://community-static.tradeup.com/news/1c9502d544b552d8b8ee3833e0addff4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Should investors use the upcoming stock split to build a position?","htmlText":"Stock splits affect a company's share price, but not its overall value. Lower share prices help retail investors avoid concentrating too much money in one company. Alphabet remains a market leader in digital advertising. Stock splits are all the rage in 2022.Amazon<a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> &nbsp;just completed its first split in more than a decade;Tesla<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a> plans a 3-for-1 split later this year. And Google parent&nbsp;Alphabet<a href=\"https://laohu8.com/S/GOOG\">$Alphabet(GOOG)$</a> <a href=\"https://laohu8.com/S/GOOGL\">$Alphabet(GOOGL)$</a> will execute a 20-for-1 split on July 1.Although stock splits don't affect a company's fundamentals or overall market cap, they can impact how investors feel about a","listText":"Stock splits affect a company's share price, but not its overall value. Lower share prices help retail investors avoid concentrating too much money in one company. Alphabet remains a market leader in digital advertising. Stock splits are all the rage in 2022.Amazon<a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> &nbsp;just completed its first split in more than a decade;Tesla<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a> plans a 3-for-1 split later this year. And Google parent&nbsp;Alphabet<a href=\"https://laohu8.com/S/GOOG\">$Alphabet(GOOG)$</a> <a href=\"https://laohu8.com/S/GOOGL\">$Alphabet(GOOGL)$</a> will execute a 20-for-1 split on July 1.Although stock splits don't affect a company's fundamentals or overall market cap, they can impact how investors feel about a","text":"Stock splits affect a company's share price, but not its overall value. Lower share prices help retail investors avoid concentrating too much money in one company. Alphabet remains a market leader in digital advertising. Stock splits are all the rage in 2022.Amazon$Amazon.com(AMZN)$ just completed its first split in more than a decade;Tesla$Tesla Motors(TSLA)$ plans a 3-for-1 split later this year. And Google parent Alphabet$Alphabet(GOOG)$ $Alphabet(GOOGL)$ will execute a 20-for-1 split on July 1.Although stock splits don't affect a company's fundamentals or overall market cap, they can impact how investors feel about a","images":[{"img":"https://community-static.tradeup.com/news/b3e1a8171f33fba840ca10b50e135bc8","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049222829","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049250036,"gmtCreate":1655805864525,"gmtModify":1676535708419,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"I","listText":"I","text":"I","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049250036","repostId":"1142598857","repostType":4,"repost":{"id":"1142598857","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":1655801843,"share":"https://www.laohu8.com/m/news/1142598857?lang=&edition=full","pubTime":"2022-06-21 16:57","market":"us","language":"en","title":"Valneva Shares Soared 91% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1142598857","media":"Tiger Newspress","summary":"U.S. healthcare giant Pfizer has agreed to invest 90.5 million euros ($95.24 million) to buy an 8.1%","content":"<html><head></head><body><p>U.S. healthcare giant Pfizer has agreed to invest 90.5 million euros ($95.24 million) to buy an 8.1% percent stake in French vaccines company, as the companies announced developments in their partnership to tackle the Lyme disease.</p><p>Pfizer will buy the stake in Valneva, which is also working on its COVID-19 vaccine, at a price of 9.49 euros per share, via a reserved capital increase.</p><p>Shares in Valneva rose sharply, surging by 91% in premarket trading Tuesday.</p><p><img src=\"https://static.tigerbbs.com/02b28b1054ed9e3a5a3a4a77c92db6e9\" tg-width=\"874\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>Valneva will use the proceeds from Pfizer’s equity investment to support its Phase 3 development contribution to the Lyme disease program.</p><p>Valneva and Pfizer also updated the terms of their collaboration and license agreement which they announced on April 30, 2020 for the Lyme disease vaccine candidate VLA15.</p><p>&#34;Pfizer&#39;s investment in Valneva highlights the quality of the work that we’ve done together over the past two years and is a strong recognition of Valneva&#39;s vaccine expertise,&#34; said Valneva chief executive Thomas Lingelbach.</p><p>As previously announced on April 26, 2022, Pfizer plans to initiate the Phase 3 study of VLA15 in the third quarter of 2022, they added.</p><p>Under the revised deal, Valneva will now fund 40% of the remaining shared development costs compared to 30% before.</p><p>Pfizer will pay Valneva tiered royalties ranging from 14% to 22%. In addition, the royalties will be complemented by up to $100 million in milestones payable to Valneva based on cumulative sales, added the companies.</p><p>($1 = 0.9502 euros)</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>Valneva Shares Soared 91% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nValneva Shares Soared 91% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-21 16:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. healthcare giant Pfizer has agreed to invest 90.5 million euros ($95.24 million) to buy an 8.1% percent stake in French vaccines company, as the companies announced developments in their partnership to tackle the Lyme disease.</p><p>Pfizer will buy the stake in Valneva, which is also working on its COVID-19 vaccine, at a price of 9.49 euros per share, via a reserved capital increase.</p><p>Shares in Valneva rose sharply, surging by 91% in premarket trading Tuesday.</p><p><img src=\"https://static.tigerbbs.com/02b28b1054ed9e3a5a3a4a77c92db6e9\" tg-width=\"874\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>Valneva will use the proceeds from Pfizer’s equity investment to support its Phase 3 development contribution to the Lyme disease program.</p><p>Valneva and Pfizer also updated the terms of their collaboration and license agreement which they announced on April 30, 2020 for the Lyme disease vaccine candidate VLA15.</p><p>&#34;Pfizer&#39;s investment in Valneva highlights the quality of the work that we’ve done together over the past two years and is a strong recognition of Valneva&#39;s vaccine expertise,&#34; said Valneva chief executive Thomas Lingelbach.</p><p>As previously announced on April 26, 2022, Pfizer plans to initiate the Phase 3 study of VLA15 in the third quarter of 2022, they added.</p><p>Under the revised deal, Valneva will now fund 40% of the remaining shared development costs compared to 30% before.</p><p>Pfizer will pay Valneva tiered royalties ranging from 14% to 22%. In addition, the royalties will be complemented by up to $100 million in milestones payable to Valneva based on cumulative sales, added the companies.</p><p>($1 = 0.9502 euros)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VALN":"Valneva SE"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142598857","content_text":"U.S. healthcare giant Pfizer has agreed to invest 90.5 million euros ($95.24 million) to buy an 8.1% percent stake in French vaccines company, as the companies announced developments in their partnership to tackle the Lyme disease.Pfizer will buy the stake in Valneva, which is also working on its COVID-19 vaccine, at a price of 9.49 euros per share, via a reserved capital increase.Shares in Valneva rose sharply, surging by 91% in premarket trading Tuesday.Valneva will use the proceeds from Pfizer’s equity investment to support its Phase 3 development contribution to the Lyme disease program.Valneva and Pfizer also updated the terms of their collaboration and license agreement which they announced on April 30, 2020 for the Lyme disease vaccine candidate VLA15.\"Pfizer's investment in Valneva highlights the quality of the work that we’ve done together over the past two years and is a strong recognition of Valneva's vaccine expertise,\" said Valneva chief executive Thomas Lingelbach.As previously announced on April 26, 2022, Pfizer plans to initiate the Phase 3 study of VLA15 in the third quarter of 2022, they added.Under the revised deal, Valneva will now fund 40% of the remaining shared development costs compared to 30% before.Pfizer will pay Valneva tiered royalties ranging from 14% to 22%. In addition, the royalties will be complemented by up to $100 million in milestones payable to Valneva based on cumulative sales, added the companies.($1 = 0.9502 euros)","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9040597661,"gmtCreate":1655684336553,"gmtModify":1676535683771,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9040597661","repostId":"2244517881","repostType":4,"repost":{"id":"2244517881","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":1655602027,"share":"https://www.laohu8.com/m/news/2244517881?lang=&edition=full","pubTime":"2022-06-19 09:27","market":"us","language":"en","title":"Alibaba Is Now Popular Among Bargain Hunters","url":"https://stock-news.laohu8.com/highlight/detail?id=2244517881","media":"Dow Jones","summary":"By Reshma KapadiaWhen discussions turn to China, one question that always pops up from U.S. investor","content":"<html><head></head><body><p>By Reshma Kapadia</p><p>When discussions turn to China, <a href=\"https://laohu8.com/S/AONE.U\">one</a> question that always pops up from U.S. investors: Is it safe yet to buy Alibaba Group Holding, the e-commerce juggernaut that has been battered over the past two years amid the country&#39;s crackdown on technology?</p><p>Alibaba&#39;s stock (ticker: BABA) fell 74% from its peak in fall 2020 at $317, to its low in March, and shares are still down 10% this year. Barron&#39;s has been cautious for a while as others have jumped in.</p><p>Volatility is likely to continue. After all, Alibaba is a popular proxy for China and a multitude of risks persist. Policy makers must steady the country&#39;s battered economy and deal with Covid. Chinese companies continue to face the prospect of U.S. delistings, and even broader U.S. investment restrictions.</p><p>But the magnitude of further declines may be limited. The stock has recouped 30% in the past month to a recent $106.45, as Chinese policy makers intent on stabilizing the economy have hit the pause on their regulatory onslaught of the internet sector.</p><p>Even emerging markets managers bargain-hunting elsewhere in China -- in software, financials, or renewable companies while de-emphasizing the internet sector that once dominated their portfolios -- expect Alibaba to remain dominant and the go-to spot for anyone trying to sell to Chinese consumers.</p><p>Value managers are jumping in, even as they acknowledge the risks. David Herro, manager of the Oakmark International Fund, accounts for some of these risks by lowering the multiples he is willing to pay for Chinese companies versus a couple of years ago. Plus, concerns about transparency and other risks means he models a cost of equity for Chinese companies close to 14%, compared with 9% or 10%, for a U.S. company.</p><p>At 14 times this year&#39;s earnings and 11.5 times 2024, Herro sees fire-sale levels. &#34;It&#39;s probably the world&#39;s most efficient e-tailer, with the No. 1 financial services company and cloud computing businesses, generating a ton of cash,&#34; Herro says, noting the company&#39;s recent $15 billion stock buyback and $80 billion in net cash and long-term investments -- roughly a quarter of the company&#39;s market value.</p><p>The company isn&#39;t without its challenges. Alibaba faces increasing competition, and the company may need to do more in service to the government&#39;s priorities, which could crimp growth and margins.</p><p>But there could be a silver lining. The changes could push Alibaba to retrench some of the aggressive investments that fund managers have worried about, especially projects that have no clear path to profitability, like group grocery buying, according to Caroline Cai, manager of the Pzena Emerging Markets Value Fund.</p><p>Alibaba is also cutting costs, trying to become more efficient, and some of its money-losing investments like southeast Asia e-commerce platform Lazada are beginning to show more promise, potentially offsetting margin pressures.</p><p>The potential upside draws investors like Cai.</p><p>&#34;It comes down to &#39;do you want to get involved when everything everyone is worried about is getting discounted in the valuation?&#39;&#34; she asks. For the deep value investor, the answer is yes, and Cai has been adding to Alibaba and China more broadly.</p><p>The near-term also offers some catalysts for stocks like Alibaba. China&#39;s economic data could begin to improve after the hit it took during Covid-related lockdowns in Shanghai and Beijing, and policy makers are adding stimulus -- a marked contrast to what is happening in the U.S.</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>Alibaba Is Now Popular Among Bargain Hunters</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Is Now Popular Among Bargain Hunters\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-19 09:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>By Reshma Kapadia</p><p>When discussions turn to China, <a href=\"https://laohu8.com/S/AONE.U\">one</a> question that always pops up from U.S. investors: Is it safe yet to buy Alibaba Group Holding, the e-commerce juggernaut that has been battered over the past two years amid the country&#39;s crackdown on technology?</p><p>Alibaba&#39;s stock (ticker: BABA) fell 74% from its peak in fall 2020 at $317, to its low in March, and shares are still down 10% this year. Barron&#39;s has been cautious for a while as others have jumped in.</p><p>Volatility is likely to continue. After all, Alibaba is a popular proxy for China and a multitude of risks persist. Policy makers must steady the country&#39;s battered economy and deal with Covid. Chinese companies continue to face the prospect of U.S. delistings, and even broader U.S. investment restrictions.</p><p>But the magnitude of further declines may be limited. The stock has recouped 30% in the past month to a recent $106.45, as Chinese policy makers intent on stabilizing the economy have hit the pause on their regulatory onslaught of the internet sector.</p><p>Even emerging markets managers bargain-hunting elsewhere in China -- in software, financials, or renewable companies while de-emphasizing the internet sector that once dominated their portfolios -- expect Alibaba to remain dominant and the go-to spot for anyone trying to sell to Chinese consumers.</p><p>Value managers are jumping in, even as they acknowledge the risks. David Herro, manager of the Oakmark International Fund, accounts for some of these risks by lowering the multiples he is willing to pay for Chinese companies versus a couple of years ago. Plus, concerns about transparency and other risks means he models a cost of equity for Chinese companies close to 14%, compared with 9% or 10%, for a U.S. company.</p><p>At 14 times this year&#39;s earnings and 11.5 times 2024, Herro sees fire-sale levels. &#34;It&#39;s probably the world&#39;s most efficient e-tailer, with the No. 1 financial services company and cloud computing businesses, generating a ton of cash,&#34; Herro says, noting the company&#39;s recent $15 billion stock buyback and $80 billion in net cash and long-term investments -- roughly a quarter of the company&#39;s market value.</p><p>The company isn&#39;t without its challenges. Alibaba faces increasing competition, and the company may need to do more in service to the government&#39;s priorities, which could crimp growth and margins.</p><p>But there could be a silver lining. The changes could push Alibaba to retrench some of the aggressive investments that fund managers have worried about, especially projects that have no clear path to profitability, like group grocery buying, according to Caroline Cai, manager of the Pzena Emerging Markets Value Fund.</p><p>Alibaba is also cutting costs, trying to become more efficient, and some of its money-losing investments like southeast Asia e-commerce platform Lazada are beginning to show more promise, potentially offsetting margin pressures.</p><p>The potential upside draws investors like Cai.</p><p>&#34;It comes down to &#39;do you want to get involved when everything everyone is worried about is getting discounted in the valuation?&#39;&#34; she asks. For the deep value investor, the answer is yes, and Cai has been adding to Alibaba and China more broadly.</p><p>The near-term also offers some catalysts for stocks like Alibaba. China&#39;s economic data could begin to improve after the hit it took during Covid-related lockdowns in Shanghai and Beijing, and policy makers are adding stimulus -- a marked contrast to what is happening in the U.S.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BPOP":"大众银行","BK4211":"区域性银行","BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2244517881","content_text":"By Reshma KapadiaWhen discussions turn to China, one question that always pops up from U.S. investors: Is it safe yet to buy Alibaba Group Holding, the e-commerce juggernaut that has been battered over the past two years amid the country's crackdown on technology?Alibaba's stock (ticker: BABA) fell 74% from its peak in fall 2020 at $317, to its low in March, and shares are still down 10% this year. Barron's has been cautious for a while as others have jumped in.Volatility is likely to continue. After all, Alibaba is a popular proxy for China and a multitude of risks persist. Policy makers must steady the country's battered economy and deal with Covid. Chinese companies continue to face the prospect of U.S. delistings, and even broader U.S. investment restrictions.But the magnitude of further declines may be limited. The stock has recouped 30% in the past month to a recent $106.45, as Chinese policy makers intent on stabilizing the economy have hit the pause on their regulatory onslaught of the internet sector.Even emerging markets managers bargain-hunting elsewhere in China -- in software, financials, or renewable companies while de-emphasizing the internet sector that once dominated their portfolios -- expect Alibaba to remain dominant and the go-to spot for anyone trying to sell to Chinese consumers.Value managers are jumping in, even as they acknowledge the risks. David Herro, manager of the Oakmark International Fund, accounts for some of these risks by lowering the multiples he is willing to pay for Chinese companies versus a couple of years ago. Plus, concerns about transparency and other risks means he models a cost of equity for Chinese companies close to 14%, compared with 9% or 10%, for a U.S. company.At 14 times this year's earnings and 11.5 times 2024, Herro sees fire-sale levels. \"It's probably the world's most efficient e-tailer, with the No. 1 financial services company and cloud computing businesses, generating a ton of cash,\" Herro says, noting the company's recent $15 billion stock buyback and $80 billion in net cash and long-term investments -- roughly a quarter of the company's market value.The company isn't without its challenges. Alibaba faces increasing competition, and the company may need to do more in service to the government's priorities, which could crimp growth and margins.But there could be a silver lining. The changes could push Alibaba to retrench some of the aggressive investments that fund managers have worried about, especially projects that have no clear path to profitability, like group grocery buying, according to Caroline Cai, manager of the Pzena Emerging Markets Value Fund.Alibaba is also cutting costs, trying to become more efficient, and some of its money-losing investments like southeast Asia e-commerce platform Lazada are beginning to show more promise, potentially offsetting margin pressures.The potential upside draws investors like Cai.\"It comes down to 'do you want to get involved when everything everyone is worried about is getting discounted in the valuation?'\" she asks. For the deep value investor, the answer is yes, and Cai has been adding to Alibaba and China more broadly.The near-term also offers some catalysts for stocks like Alibaba. China's economic data could begin to improve after the hit it took during Covid-related lockdowns in Shanghai and Beijing, and policy makers are adding stimulus -- a marked contrast to what is happening in the U.S.","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9066981088,"gmtCreate":1651839106844,"gmtModify":1676534980969,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Hope","listText":"Hope","text":"Hope","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066981088","repostId":"2233338802","repostType":4,"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9066983719,"gmtCreate":1651839093131,"gmtModify":1676534980970,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Hopefully","listText":"Hopefully","text":"Hopefully","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066983719","repostId":"2233338802","repostType":4,"repost":{"id":"2233338802","pubTimestamp":1651827251,"share":"https://www.laohu8.com/m/news/2233338802?lang=&edition=full","pubTime":"2022-05-06 16:54","market":"us","language":"en","title":"Nio: Dual-Listings Should Hedge Against Risk of U.S. De-Listing, Says Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2233338802","media":"TipRanks","summary":"Fears of a U.S. delisting for stocks which don’t comply with U.S. auditing laws have been casting a ","content":"<div>\n<p>Fears of a U.S. delisting for stocks which don’t comply with U.S. auditing laws have been casting a shadow over Chinese stocks for a while now. However, the U.S. Securities and Exchange Commission (...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nio-dual-listings-should-hedge-against-risk-of-u-s-de-listing-says-analyst/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio: Dual-Listings Should Hedge Against Risk of U.S. De-Listing, Says Analyst</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: Dual-Listings Should Hedge Against Risk of U.S. De-Listing, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-06 16:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/nio-dual-listings-should-hedge-against-risk-of-u-s-de-listing-says-analyst/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a U.S. delisting for stocks which don’t comply with U.S. auditing laws have been casting a shadow over Chinese stocks for a while now. However, the U.S. Securities and Exchange Commission (...</p>\n\n<a href=\"https://www.tipranks.com/news/article/nio-dual-listings-should-hedge-against-risk-of-u-s-de-listing-says-analyst/\">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://www.tipranks.com/news/article/nio-dual-listings-should-hedge-against-risk-of-u-s-de-listing-says-analyst/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2233338802","content_text":"Fears of a U.S. delisting for stocks which don’t comply with U.S. auditing laws have been casting a shadow over Chinese stocks for a while now. However, the U.S. Securities and Exchange Commission (SEC)’s latest list of 80 companies potentially facing the cull sent shares of many spiraling down on Thursday.Among those taking a sharp beating were shares of Chinese EV maker Nio (NIO), which crashed by 15%, further piling on the losses; shares now sit 50% into the red in 2022.However, following the disclosure, Nio also provided some news that could serve to sweeten the pill somewhat.The company announced the proposed secondary listing on the main board of the Singapore Exchange. The SGX-ST has provided Nio with conditional eligibility and once the Singapore listing goes ahead, NIO shares will be fully fungible with its ADR (American depositary receipt) shares.Morgan Stanley’s Tim Hsiao thinks this is “likely to alleviate investor concerns.”“With full fungibility, NIO's dual-listings in HK and SG should meaningfully hedge any potential US de-listing disruption to operations and funding access,” the analyst explained. “With NIO's secondary HK listing likely to be converted to its primary listing in a year or so, per HKEX regulations, we think the SG listing looks set to help NIO gain more traction by broadening its investor base.”Nio’s problems, though, have not been solely reserved for the issues with the U.S. regulators. April sales declined by 49% month-over-month to 5,074 units, also representing a 29% year-over-year drop. In a sense, investors already knew what was coming as production and deliveries were seriously impacted by supply chain snags revolving around recent Covid-19 lockdowns. That said, Hsiao thinks near-term execution will be vital to keep investors on side.“While soft April sales should have been well anticipated, investors are likely to keep a close watch over the resumption progress post China's May holidays, which is critical to NIO’s ramp-up pace for ET7 and the timing of a potential face-lift for its incumbent SUV model,” the analyst opined.Hsiao still backs Nio, reiterating an Overweight (i.e., Buy) rating and $34 price target. There’s upside of 121% from current levels. The Street's average target is an even more optimistic $40.51, making room for one-year gains of 163%. That confidence is reflected by the Strong Buy consensus rating, which is based on 14 Buys vs. 2 Holds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099912252,"gmtCreate":1643289659948,"gmtModify":1676533797358,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099912252","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888710511,"gmtCreate":1631528304333,"gmtModify":1676530566320,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888710511","repostId":"1165685867","repostType":4,"repost":{"id":"1165685867","pubTimestamp":1631522010,"share":"https://www.laohu8.com/m/news/1165685867?lang=&edition=full","pubTime":"2021-09-13 16:33","market":"us","language":"en","title":"Bitcoin’s 2021 Energy Use Has Already Surpassed 2020","url":"https://stock-news.laohu8.com/highlight/detail?id=1165685867","media":"Bloomberg","summary":"The Bitcoin network was estimated to consume about 67TWh of electricity in 2020, and its total consu","content":"<p>The Bitcoin network was estimated to consume about 67TWh of electricity in 2020, and its total consumption has already surpassed this in 2021. By the end of this year, it looks set to have used 91TWh of energy - as much as Pakistan. As the price of Bitcoin increases, more miners with less energy-efficient machines join the network, driving up energy use. This means that it is essential to improve the efficiency of crypto-mining and move to low-carbon energy sources for electricity.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ae0cbc3256aca0267939793c3ad24fd\" tg-width=\"1135\" tg-height=\"647\" width=\"100%\" height=\"auto\"><span>The outlook assumes an average power price of $0.05/kWh. BloombergNEF, Cambridge Bitcoin Electricity Consumption Index.</span></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin’s 2021 Energy Use Has Already Surpassed 2020</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\">\nBitcoin’s 2021 Energy Use Has Already Surpassed 2020\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 16:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-13/bitcoin-s-2021-energy-use-has-already-surpassed-2020-bnef-chart?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Bitcoin network was estimated to consume about 67TWh of electricity in 2020, and its total consumption has already surpassed this in 2021. By the end of this year, it looks set to have used 91TWh ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-13/bitcoin-s-2021-energy-use-has-already-surpassed-2020-bnef-chart?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-13/bitcoin-s-2021-energy-use-has-already-surpassed-2020-bnef-chart?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165685867","content_text":"The Bitcoin network was estimated to consume about 67TWh of electricity in 2020, and its total consumption has already surpassed this in 2021. By the end of this year, it looks set to have used 91TWh of energy - as much as Pakistan. As the price of Bitcoin increases, more miners with less energy-efficient machines join the network, driving up energy use. This means that it is essential to improve the efficiency of crypto-mining and move to low-carbon energy sources for electricity.\nThe outlook assumes an average power price of $0.05/kWh. BloombergNEF, Cambridge Bitcoin Electricity Consumption Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888010627,"gmtCreate":1631412674569,"gmtModify":1676530543025,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/888010627","repostId":"2166772293","repostType":4,"repost":{"id":"2166772293","pubTimestamp":1631410204,"share":"https://www.laohu8.com/m/news/2166772293?lang=&edition=full","pubTime":"2021-09-12 09:30","market":"us","language":"en","title":"Can Coinbase Stock Turbocharge Your Portfolio?","url":"https://stock-news.laohu8.com/highlight/detail?id=2166772293","media":"Motley Fool","summary":"It would be a mistake to blindly dismiss the opportunity this cryptocurrency stock offers.","content":"<p>During its brief history as a publicly-traded company, cryptocurrency exchange <b>Coinbase Global</b> (NASDAQ:COIN) has surpassed expectations by an incredible margin. For example, analysts believed the company would report earnings of $2.33 per share in the second quarter of 2021. Coinbase actually delivered earnings of $6.42, outperforming estimates by 176%.</p>\n<p>But according to TipRanks, analysts are extremely divided on Coinbase stock, which trades at about $260 per share as of this writing. Price targets are as high as $500 and as low as $220. Clearly, Wall Street doesn't know what to make of this company.</p>\n<p>Sometimes, confusion like this presents an opportunity for those who can see through it. It's unclear whether this applies to Coinbase stock, but there does appear to be underappreciated upside here.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed9498a97a55f6908c77143577ad55d2\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Coinbase Global.</span></p>\n<h2>Growing the core business</h2>\n<p>Coinbase has two primary sets of customers: institutional investors like hedge funds and retail investors like you and me. The company generated 88% of its total revenue in the second quarter by charging fees for trades. But even though institutional investors have far more assets on the platform and trade more often, 95% of this transactional revenue came from retail investors.</p>\n<p>Coinbase needs to better monetize institutional investors, but for now, let's accept the business model for what it is. Based on the numbers we've seen, it must grow its retail investor user base to grow its core business, and it has a couple of ways to do this.</p>\n<p>First, Coinbase can grow the list of cryptocurrencies that it supports. For those unaware, there are <i>thousands</i> of cryptocurrencies, and each <a href=\"https://laohu8.com/S/AONE.U\">one</a> requires particular support infrastructure. You can't just throw them up on the platform.</p>\n<p>To the company's credit, it added 22 new crypto-assets in the second quarter alone, a quarterly record. And perhaps this is part of the reason it has seen strong user growth. It had 8.8 million monthly transacting users in the second quarter, versus just 1.5 million in the same quarter last year.</p>\n<p>Second, Coinbase can launch internationally. Right now the company is working on entering Germany and Japan. It's a challenge, because every country has its own regulations regarding cryptocurrencies. However, with such a small user base, Coinbase has a shot at outsized growth by widening its net overseas.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59a6546d426e2aaec900cfc50ff94439\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Exercising optionality</h2>\n<p>Many investors rightly approach Coinbase stock with great caution. Cryptocurrency has historically been volatile, motivating people to trade often. Remember: The company disproportionately profits with frequent transactions. Therefore, if trading decreases with increased cryptocurrency stability, its business model could fall apart.</p>\n<p>However, consider two things. First, potential Coinbase investors are being compensated for this risk with a cheaply valued stock. The company is very profitable and trades at just 22 times <i>trailing</i> earnings, according to data from YCharts, an almost unheard-of valuation for a fintech stock.</p>\n<p>Second, Coinbase is plowing its cash back into the business. According to management, its capital allocation strategy has 70% of capital invested to improve the core business, 20% used for strategic investments, and 10% spent innovating with new products. Experienced investors will recognize this last item as the desirable trait called optionality.</p>\n<p>Here are two examples of Coinbase's optionality. First, the company supports popular cryptocurrency <b>Bitcoin</b>. But it now has a feature called Bitcoin Borrow, allowing users to borrow money using Bitcoin as collateral. It also recently launched Coinbase Card from <b><a href=\"https://laohu8.com/S/V\">Visa</a></b> so users can spend their cryptocurrency on everyday purchases.</p>\n<p>A more compelling example of this optionality is Coinbase Cloud. Cryptocurrencies live on blockchains, but they're not the only thing that can be built on the underlying blockchain technology. Various decentralized applications can also be built on blockchains, and Coinbase wants its cloud product to become <i>the</i> de facto way these are built. Management envisions Coinbase Cloud becoming like&nbsp;<b>Amazon</b> Web Services but for cryptoccurency. This could be an enormous opportunity if cryptocurrency becomes a bigger and enduring movement.</p>\n<h2>A portfolio turbocharger?</h2>\n<p>In summary, Coinbase stock is a risky investment, because its primary source of revenue has questionable longevity. However, one can't dismiss the company completely, because its current growth gives it the optionality afforded by its significant financial resources. Its non-transaction-based revenue has increased more than 15 times over just the past 12 months, so it's clear Coinbase is mitigating risks to its core business by developing other revenue streams.</p>\n<p>The cryptocurrency space is still young so it's hard to predict what it will look like in five to 10 years. However, if you believe cryptocurrency is still in the early innings, then Coinbase stock looks like it might be worth adding to a&nbsp;diversified portfolio.</p>\n<p>However, I wouldn't make a large bet on Coinbase stock today.&nbsp;The risk that cryptocurrency trading volumes could decrease still stands. But if this company executes on its vision, then even a small portfolio allocation could boost your overall returns in the years to come.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Coinbase Stock Turbocharge Your Portfolio?</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\">\nCan Coinbase Stock Turbocharge Your Portfolio?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/11/can-coinbase-stock-turbocharge-your-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>During its brief history as a publicly-traded company, cryptocurrency exchange Coinbase Global (NASDAQ:COIN) has surpassed expectations by an incredible margin. For example, analysts believed the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/11/can-coinbase-stock-turbocharge-your-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2021/09/11/can-coinbase-stock-turbocharge-your-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166772293","content_text":"During its brief history as a publicly-traded company, cryptocurrency exchange Coinbase Global (NASDAQ:COIN) has surpassed expectations by an incredible margin. For example, analysts believed the company would report earnings of $2.33 per share in the second quarter of 2021. Coinbase actually delivered earnings of $6.42, outperforming estimates by 176%.\nBut according to TipRanks, analysts are extremely divided on Coinbase stock, which trades at about $260 per share as of this writing. Price targets are as high as $500 and as low as $220. Clearly, Wall Street doesn't know what to make of this company.\nSometimes, confusion like this presents an opportunity for those who can see through it. It's unclear whether this applies to Coinbase stock, but there does appear to be underappreciated upside here.\nImage source: Coinbase Global.\nGrowing the core business\nCoinbase has two primary sets of customers: institutional investors like hedge funds and retail investors like you and me. The company generated 88% of its total revenue in the second quarter by charging fees for trades. But even though institutional investors have far more assets on the platform and trade more often, 95% of this transactional revenue came from retail investors.\nCoinbase needs to better monetize institutional investors, but for now, let's accept the business model for what it is. Based on the numbers we've seen, it must grow its retail investor user base to grow its core business, and it has a couple of ways to do this.\nFirst, Coinbase can grow the list of cryptocurrencies that it supports. For those unaware, there are thousands of cryptocurrencies, and each one requires particular support infrastructure. You can't just throw them up on the platform.\nTo the company's credit, it added 22 new crypto-assets in the second quarter alone, a quarterly record. And perhaps this is part of the reason it has seen strong user growth. It had 8.8 million monthly transacting users in the second quarter, versus just 1.5 million in the same quarter last year.\nSecond, Coinbase can launch internationally. Right now the company is working on entering Germany and Japan. It's a challenge, because every country has its own regulations regarding cryptocurrencies. However, with such a small user base, Coinbase has a shot at outsized growth by widening its net overseas.\nImage source: Getty Images.\nExercising optionality\nMany investors rightly approach Coinbase stock with great caution. Cryptocurrency has historically been volatile, motivating people to trade often. Remember: The company disproportionately profits with frequent transactions. Therefore, if trading decreases with increased cryptocurrency stability, its business model could fall apart.\nHowever, consider two things. First, potential Coinbase investors are being compensated for this risk with a cheaply valued stock. The company is very profitable and trades at just 22 times trailing earnings, according to data from YCharts, an almost unheard-of valuation for a fintech stock.\nSecond, Coinbase is plowing its cash back into the business. According to management, its capital allocation strategy has 70% of capital invested to improve the core business, 20% used for strategic investments, and 10% spent innovating with new products. Experienced investors will recognize this last item as the desirable trait called optionality.\nHere are two examples of Coinbase's optionality. First, the company supports popular cryptocurrency Bitcoin. But it now has a feature called Bitcoin Borrow, allowing users to borrow money using Bitcoin as collateral. It also recently launched Coinbase Card from Visa so users can spend their cryptocurrency on everyday purchases.\nA more compelling example of this optionality is Coinbase Cloud. Cryptocurrencies live on blockchains, but they're not the only thing that can be built on the underlying blockchain technology. Various decentralized applications can also be built on blockchains, and Coinbase wants its cloud product to become the de facto way these are built. Management envisions Coinbase Cloud becoming like Amazon Web Services but for cryptoccurency. This could be an enormous opportunity if cryptocurrency becomes a bigger and enduring movement.\nA portfolio turbocharger?\nIn summary, Coinbase stock is a risky investment, because its primary source of revenue has questionable longevity. However, one can't dismiss the company completely, because its current growth gives it the optionality afforded by its significant financial resources. Its non-transaction-based revenue has increased more than 15 times over just the past 12 months, so it's clear Coinbase is mitigating risks to its core business by developing other revenue streams.\nThe cryptocurrency space is still young so it's hard to predict what it will look like in five to 10 years. However, if you believe cryptocurrency is still in the early innings, then Coinbase stock looks like it might be worth adding to a diversified portfolio.\nHowever, I wouldn't make a large bet on Coinbase stock today. The risk that cryptocurrency trading volumes could decrease still stands. But if this company executes on its vision, then even a small portfolio allocation could boost your overall returns in the years to come.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883715451,"gmtCreate":1631273125573,"gmtModify":1676530515259,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883715451","repostId":"2166324304","repostType":4,"repost":{"id":"2166324304","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":1631267420,"share":"https://www.laohu8.com/m/news/2166324304?lang=&edition=full","pubTime":"2021-09-10 17:50","market":"hk","language":"en","title":"5 Stocks To Watch For September 10, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2166324304","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:\n\tWall Street expects  Kroger Co (NYSE: KR) to report quarterly earnings at $0.63 per share on revenue of $30.60 billion before the opening bell. Kroger shares rose 1% to $46.60 in after-hours trading.\n","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Kroger Co</b> (NYSE:KR) to report quarterly earnings at $0.63 per share on revenue of $30.60 billion before the opening bell. Kroger shares rose 1% to $46.60 in after-hours trading.</li>\n <li><b>Zscaler Inc</b> (NASDAQ:ZS) reported better-than-expected results for its fourth quarter and issued strong sales guidance for the year. Zscaler shares gained 2.5% to $287.30 in the after-hours trading session.</li>\n <li><b><a href=\"https://laohu8.com/S/VRNTV\">Verint Systems Inc</a>.</b> (NASDAQ:VRNT) reported stronger-than-expected results for its second quarter. Verint shares gained 1.1% to $44.60 in the after-hours trading session.</li>\n</ul>\n<ul>\n <li>Analysts are expecting <b> So-Young International Inc - ADR</b> (NASDAQ:SY) to have earned $0.60 per share on revenue of $438.98 million for the latest quarter. The company will release earnings before the opening bell. So-Young shares gained 1.7% to $5.28 in after-hours trading.</li>\n <li><b>Dave &amp; Buster's Entertainment Inc</b> (NASDAQ:PLAY) reported upbeat results for its second quarter on Thursday. Dave &amp; Buster's shares jumped 6.5% to $37.75 in the after-hours trading session.</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>5 Stocks To Watch For September 10, 2021</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\">\n5 Stocks To Watch For September 10, 2021\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\">2021-09-10 17:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Kroger Co</b> (NYSE:KR) to report quarterly earnings at $0.63 per share on revenue of $30.60 billion before the opening bell. Kroger shares rose 1% to $46.60 in after-hours trading.</li>\n <li><b>Zscaler Inc</b> (NASDAQ:ZS) reported better-than-expected results for its fourth quarter and issued strong sales guidance for the year. Zscaler shares gained 2.5% to $287.30 in the after-hours trading session.</li>\n <li><b><a href=\"https://laohu8.com/S/VRNTV\">Verint Systems Inc</a>.</b> (NASDAQ:VRNT) reported stronger-than-expected results for its second quarter. Verint shares gained 1.1% to $44.60 in the after-hours trading session.</li>\n</ul>\n<ul>\n <li>Analysts are expecting <b> So-Young International Inc - ADR</b> (NASDAQ:SY) to have earned $0.60 per share on revenue of $438.98 million for the latest quarter. The company will release earnings before the opening bell. So-Young shares gained 1.7% to $5.28 in after-hours trading.</li>\n <li><b>Dave &amp; Buster's Entertainment Inc</b> (NASDAQ:PLAY) reported upbeat results for its second quarter on Thursday. Dave &amp; Buster's shares jumped 6.5% to $37.75 in the after-hours trading session.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SY":"新氧","PLAY":"Dave & Buster","ZS":"Zscaler Inc.","KR":"克罗格","VRNT":"Verint Systems Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166324304","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects  Kroger Co (NYSE:KR) to report quarterly earnings at $0.63 per share on revenue of $30.60 billion before the opening bell. Kroger shares rose 1% to $46.60 in after-hours trading.\nZscaler Inc (NASDAQ:ZS) reported better-than-expected results for its fourth quarter and issued strong sales guidance for the year. Zscaler shares gained 2.5% to $287.30 in the after-hours trading session.\nVerint Systems Inc. (NASDAQ:VRNT) reported stronger-than-expected results for its second quarter. Verint shares gained 1.1% to $44.60 in the after-hours trading session.\n\n\nAnalysts are expecting  So-Young International Inc - ADR (NASDAQ:SY) to have earned $0.60 per share on revenue of $438.98 million for the latest quarter. The company will release earnings before the opening bell. So-Young shares gained 1.7% to $5.28 in after-hours trading.\nDave & Buster's Entertainment Inc (NASDAQ:PLAY) reported upbeat results for its second quarter on Thursday. Dave & Buster's shares jumped 6.5% to $37.75 in the after-hours trading session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889982731,"gmtCreate":1631103576323,"gmtModify":1676530468081,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":":)","listText":":)","text":":)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/889982731","repostId":"1152198957","repostType":4,"repost":{"id":"1152198957","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":1631101599,"share":"https://www.laohu8.com/m/news/1152198957?lang=&edition=full","pubTime":"2021-09-08 19:46","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1152198957","media":"Tiger Newspress","summary":"US futures were set for a third straight day of losses on Wednesday.\nCoinbase shares fall after comp","content":"<ul>\n <li>US futures were set for a third straight day of losses on Wednesday.</li>\n <li>Coinbase shares fall after company reveals SEC plans to sue.</li>\n <li>Amazon expands grab and go; Apple sets September event.</li>\n <li>Bitcoin paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering.</li>\n</ul>\n<p>(Sept 8)&nbsp;World stocks receded from the previous session’s record highs, European stocks were headed for the biggest decline in almost three weeks and US futures were set for a third straight day of losses on Wednesday with the global growth outlook coming under increasing pressure while the dollar hit one-week highs and 10Y yields dipped as investors reduced exposure to riskier assets. S&amp;P futures briefly fell 0.5%, tipping below 4,500 before, recovering losses after the S&amp;P 500 fell 0.34% on Tuesday, while Dow futures were flat and Nasdaq emini futs were fractionally in the red as banks from Morgan Stanley to Citigroup&nbsp;turned cautious&nbsp;on US equities.</p>\n<p>The S&amp;P 500 and Dow Jones indexes closed lower on Tuesday, but the Nasdaq edged up to an all-time high after shares of Apple and Netflix hit record levels. US stocks have come under increasing pressure in recent days as investors have turned increasingly cautious following Friday’s weak August payrolls data and uncertainty over tapering.</p>\n<p>At 7:50 a.m. ET, Dow E-minis were down 8 points, or 0.02%, S&amp;P 500 E-minis fell 1.25 points, or 0.03% and Nasdaq 100 E-minis dipped 7.25 points, or 0.05%.</p>\n<p><img src=\"https://static.tigerbbs.com/cc04d49fecc926ac0b6c918d30547306\" tg-width=\"1242\" tg-height=\"502\" referrerpolicy=\"no-referrer\"></p>\n<p>Shares of Microsoft Corp, Amazon.com Inc, Facebook Inc and Google-owner Alphabet Inc fell between 0.1% and 0.3% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/a735311ccbdb64bf0c286f986875bd52\" tg-width=\"281\" tg-height=\"287\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/KDMN\">Kadmon</a></b> surges 78% after Sanofi’s $1.9 billion cash acquisition of the U.S. biotech.</li>\n <li><b><a href=\"https://laohu8.com/S/CTXS\">Citrix</a> Systems</b>&nbsp;climbed 5.3% premarket. The Wall Street Journal reported that activist hedge fund Elliott Management has a more than $1 billion stake in the software company and wants it to take action to&nbsp;boost its lagging stock price, according to people familiar with the matter.</li>\n <li><b><a href=\"https://laohu8.com/S/COTY\">Coty</a> </b>falls 6.8% after announcing the start to offer Class A stock by KKR Rainbow Aggregator LP.</li>\n <li><b><a href=\"https://laohu8.com/S/IGC\">India Globalization Capital</a></b> jumps 18% after the company says its cannabis-based drug for Alzheimer’s was safe and well tolerated in an early-stage clinical trial on 12 patients.</li>\n</ul>\n<ul>\n <li>U.S.-traded shares of Chinese electric-car maker&nbsp;<b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> dropped 3% premarket. The company filed a prospectus with the SEC to sell up to $2 billion in American depository shares in an at-the-market offering, which seeks to price shares at the going market rate.</li>\n <li><b><a href=\"https://laohu8.com/S/COUP\">Coupa Software Inc</a> </b>shares jumped 5.4% premarket after the company raised its financial targets for the year, topping analysts’ expectations.</li>\n <li>Bitcoin edged lower early Wednesday, offering little respite to holders of the volatile cryptocurrency after a&nbsp;flash crash&nbsp;a day earlier erased billions of dollars in its value.&nbsp;<b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a></b> was sharing the pain, with its shares down 3.2% premarket.</li>\n <li>Earnings are due from executive recruiter&nbsp;Korn Ferry&nbsp;before the opening bell.</li>\n <li><b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> </b>nudged up 1% premarket. The payments processor&nbsp;agreed to buy Japanese&nbsp;“buy now, pay later” startup&nbsp;Paidy for about $2.7 billion, in a move that will boost its business in the world’s third-largest e-commerce market.</li>\n <li><b><a href=\"https://laohu8.com/S/SMAR\">Smartsheet</a> </b>dropped 3.8% premarket after the business software provider’s earnings report showed a net loss, though its revenue increased. Keybanc nudged its price target for the stock higher, to $94 a share. The stock closed Tuesday at $82.74.</li>\n <li><b><a href=\"https://laohu8.com/S/PATH\">UiPath</a>,</b>&nbsp;which provides accounts payable, claims processing and other services on its platform, dropped more than 8.6%. And while it beat Wall Street targets, it still registered a per-share loss.</li>\n <li><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> edged 1% higher after the China Passenger Car Association (CPCA) said the electric vehicle maker sold 44,264 China-made vehicles in August and reported a jump on local deliveries.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/7f98b61e1444bee35abb95dbe2470990\" tg-width=\"1127\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p>\n<p>GameStop,&nbsp;Lululemon Athletica&nbsp;and&nbsp;Avid Bioservices&nbsp;are due to report results after the close.</p>\n<p><b>In rates,</b> 10Y Yields fell to 1.3512% compared to a U.S. close of 1.371% on Tuesday, retreating from this week’s eight-week highs in a quiet session. Germany’s 10-year Bund yield also hit eight-week highs before edging lower to -0.331%. Peripheral spreads widen a touch with the belly of the Italian curve widening ~1.5bps to Germany.</p>\n<p><b>In FX, </b>USD and haven currencies are modestly bid given the weakness in stocks. The dollar hit a one-week high against the single currency and was trading at $1.1819. It also reached a one-week peak against an index of currencies, recovering from recent five-week lows. It was trading at 92.67 on the index, up 0.15%. The Bloomberg dollar index trades near best levels for the week. CAD and SEK are the weakest in G-10. Turkish lira snaps through 8.40 to lag EMFX peers. The pound weakened for a third day,<b>its longest losing streak in a month, ahead of a Parliament vote on a government tax package that seeks to trim a U.K. budget deficit swollen by pandemic spending;</b>Bank of England Governor Andrew Bailey’s comments will also be in focus as he faces the Treasury Select Committee on Wednesday. The Australian dollar was the worst G-10 performer while Australia’s bonds opened lower following Treasuries and held losses through the day; New Zealand peers also declined following a solid milk auction. The yen touched its weakest level in almost a month before rebounding as risk sentiment soured.</p>\n<p><b>Bitcoin</b> paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering. It was last at $46,552, down 0.7%.</p>\n<p><b>In commodities, </b>crude futures pushed higher, returning toward Asia’s best levels. WTI jumped 1.38% to $69.30 a barrel and Brent crude rose 1.14% to $72.50 per barrel, with prices supported by a slow restart to production in the Gulf of Mexico after Hurricane Ida hit the region. Base metals were mixed: LME copper underperforms, snapping through $9,300/MT to trade down as much as 1.5%.&nbsp; Gold gained 0.17% to $1796.90 per ounce in line with the risk-averse mood and just below the psychologically key $1,800 level which it fell through in the previous session.</p>\n<p>Looking at the day ahead now, and data releases include US job openings and consumer credit for July, alongside Italian retail sales for July as well. From central banks, we’ll get the Bank of Canada’s latest rate decision, the Federal Reserve will be releasing their Beige Book, and speakers include the BoE’s Bailey, Broadbent, Ramsden and Tenreyro, and the Fed’s Williams and Kaplan.</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>Toplines Before US Market Open 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; 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\">\nToplines Before US Market Open on Wednesday\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\">2021-09-08 19:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>US futures were set for a third straight day of losses on Wednesday.</li>\n <li>Coinbase shares fall after company reveals SEC plans to sue.</li>\n <li>Amazon expands grab and go; Apple sets September event.</li>\n <li>Bitcoin paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering.</li>\n</ul>\n<p>(Sept 8)&nbsp;World stocks receded from the previous session’s record highs, European stocks were headed for the biggest decline in almost three weeks and US futures were set for a third straight day of losses on Wednesday with the global growth outlook coming under increasing pressure while the dollar hit one-week highs and 10Y yields dipped as investors reduced exposure to riskier assets. S&amp;P futures briefly fell 0.5%, tipping below 4,500 before, recovering losses after the S&amp;P 500 fell 0.34% on Tuesday, while Dow futures were flat and Nasdaq emini futs were fractionally in the red as banks from Morgan Stanley to Citigroup&nbsp;turned cautious&nbsp;on US equities.</p>\n<p>The S&amp;P 500 and Dow Jones indexes closed lower on Tuesday, but the Nasdaq edged up to an all-time high after shares of Apple and Netflix hit record levels. US stocks have come under increasing pressure in recent days as investors have turned increasingly cautious following Friday’s weak August payrolls data and uncertainty over tapering.</p>\n<p>At 7:50 a.m. ET, Dow E-minis were down 8 points, or 0.02%, S&amp;P 500 E-minis fell 1.25 points, or 0.03% and Nasdaq 100 E-minis dipped 7.25 points, or 0.05%.</p>\n<p><img src=\"https://static.tigerbbs.com/cc04d49fecc926ac0b6c918d30547306\" tg-width=\"1242\" tg-height=\"502\" referrerpolicy=\"no-referrer\"></p>\n<p>Shares of Microsoft Corp, Amazon.com Inc, Facebook Inc and Google-owner Alphabet Inc fell between 0.1% and 0.3% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/a735311ccbdb64bf0c286f986875bd52\" tg-width=\"281\" tg-height=\"287\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/KDMN\">Kadmon</a></b> surges 78% after Sanofi’s $1.9 billion cash acquisition of the U.S. biotech.</li>\n <li><b><a href=\"https://laohu8.com/S/CTXS\">Citrix</a> Systems</b>&nbsp;climbed 5.3% premarket. The Wall Street Journal reported that activist hedge fund Elliott Management has a more than $1 billion stake in the software company and wants it to take action to&nbsp;boost its lagging stock price, according to people familiar with the matter.</li>\n <li><b><a href=\"https://laohu8.com/S/COTY\">Coty</a> </b>falls 6.8% after announcing the start to offer Class A stock by KKR Rainbow Aggregator LP.</li>\n <li><b><a href=\"https://laohu8.com/S/IGC\">India Globalization Capital</a></b> jumps 18% after the company says its cannabis-based drug for Alzheimer’s was safe and well tolerated in an early-stage clinical trial on 12 patients.</li>\n</ul>\n<ul>\n <li>U.S.-traded shares of Chinese electric-car maker&nbsp;<b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> dropped 3% premarket. The company filed a prospectus with the SEC to sell up to $2 billion in American depository shares in an at-the-market offering, which seeks to price shares at the going market rate.</li>\n <li><b><a href=\"https://laohu8.com/S/COUP\">Coupa Software Inc</a> </b>shares jumped 5.4% premarket after the company raised its financial targets for the year, topping analysts’ expectations.</li>\n <li>Bitcoin edged lower early Wednesday, offering little respite to holders of the volatile cryptocurrency after a&nbsp;flash crash&nbsp;a day earlier erased billions of dollars in its value.&nbsp;<b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a></b> was sharing the pain, with its shares down 3.2% premarket.</li>\n <li>Earnings are due from executive recruiter&nbsp;Korn Ferry&nbsp;before the opening bell.</li>\n <li><b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> </b>nudged up 1% premarket. The payments processor&nbsp;agreed to buy Japanese&nbsp;“buy now, pay later” startup&nbsp;Paidy for about $2.7 billion, in a move that will boost its business in the world’s third-largest e-commerce market.</li>\n <li><b><a href=\"https://laohu8.com/S/SMAR\">Smartsheet</a> </b>dropped 3.8% premarket after the business software provider’s earnings report showed a net loss, though its revenue increased. Keybanc nudged its price target for the stock higher, to $94 a share. The stock closed Tuesday at $82.74.</li>\n <li><b><a href=\"https://laohu8.com/S/PATH\">UiPath</a>,</b>&nbsp;which provides accounts payable, claims processing and other services on its platform, dropped more than 8.6%. And while it beat Wall Street targets, it still registered a per-share loss.</li>\n <li><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> edged 1% higher after the China Passenger Car Association (CPCA) said the electric vehicle maker sold 44,264 China-made vehicles in August and reported a jump on local deliveries.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/7f98b61e1444bee35abb95dbe2470990\" tg-width=\"1127\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p>\n<p>GameStop,&nbsp;Lululemon Athletica&nbsp;and&nbsp;Avid Bioservices&nbsp;are due to report results after the close.</p>\n<p><b>In rates,</b> 10Y Yields fell to 1.3512% compared to a U.S. close of 1.371% on Tuesday, retreating from this week’s eight-week highs in a quiet session. Germany’s 10-year Bund yield also hit eight-week highs before edging lower to -0.331%. Peripheral spreads widen a touch with the belly of the Italian curve widening ~1.5bps to Germany.</p>\n<p><b>In FX, </b>USD and haven currencies are modestly bid given the weakness in stocks. The dollar hit a one-week high against the single currency and was trading at $1.1819. It also reached a one-week peak against an index of currencies, recovering from recent five-week lows. It was trading at 92.67 on the index, up 0.15%. The Bloomberg dollar index trades near best levels for the week. CAD and SEK are the weakest in G-10. Turkish lira snaps through 8.40 to lag EMFX peers. The pound weakened for a third day,<b>its longest losing streak in a month, ahead of a Parliament vote on a government tax package that seeks to trim a U.K. budget deficit swollen by pandemic spending;</b>Bank of England Governor Andrew Bailey’s comments will also be in focus as he faces the Treasury Select Committee on Wednesday. The Australian dollar was the worst G-10 performer while Australia’s bonds opened lower following Treasuries and held losses through the day; New Zealand peers also declined following a solid milk auction. The yen touched its weakest level in almost a month before rebounding as risk sentiment soured.</p>\n<p><b>Bitcoin</b> paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering. It was last at $46,552, down 0.7%.</p>\n<p><b>In commodities, </b>crude futures pushed higher, returning toward Asia’s best levels. WTI jumped 1.38% to $69.30 a barrel and Brent crude rose 1.14% to $72.50 per barrel, with prices supported by a slow restart to production in the Gulf of Mexico after Hurricane Ida hit the region. Base metals were mixed: LME copper underperforms, snapping through $9,300/MT to trade down as much as 1.5%.&nbsp; Gold gained 0.17% to $1796.90 per ounce in line with the risk-averse mood and just below the psychologically key $1,800 level which it fell through in the previous session.</p>\n<p>Looking at the day ahead now, and data releases include US job openings and consumer credit for July, alongside Italian retail sales for July as well. From central banks, we’ll get the Bank of Canada’s latest rate decision, the Federal Reserve will be releasing their Beige Book, and speakers include the BoE’s Bailey, Broadbent, Ramsden and Tenreyro, and the Fed’s Williams and Kaplan.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152198957","content_text":"US futures were set for a third straight day of losses on Wednesday.\nCoinbase shares fall after company reveals SEC plans to sue.\nAmazon expands grab and go; Apple sets September event.\nBitcoin paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering.\n\n(Sept 8) World stocks receded from the previous session’s record highs, European stocks were headed for the biggest decline in almost three weeks and US futures were set for a third straight day of losses on Wednesday with the global growth outlook coming under increasing pressure while the dollar hit one-week highs and 10Y yields dipped as investors reduced exposure to riskier assets. S&P futures briefly fell 0.5%, tipping below 4,500 before, recovering losses after the S&P 500 fell 0.34% on Tuesday, while Dow futures were flat and Nasdaq emini futs were fractionally in the red as banks from Morgan Stanley to Citigroup turned cautious on US equities.\nThe S&P 500 and Dow Jones indexes closed lower on Tuesday, but the Nasdaq edged up to an all-time high after shares of Apple and Netflix hit record levels. US stocks have come under increasing pressure in recent days as investors have turned increasingly cautious following Friday’s weak August payrolls data and uncertainty over tapering.\nAt 7:50 a.m. ET, Dow E-minis were down 8 points, or 0.02%, S&P 500 E-minis fell 1.25 points, or 0.03% and Nasdaq 100 E-minis dipped 7.25 points, or 0.05%.\n\nShares of Microsoft Corp, Amazon.com Inc, Facebook Inc and Google-owner Alphabet Inc fell between 0.1% and 0.3% in premarket trading.\n\nStocks making the biggest moves premarket:\n\nKadmon surges 78% after Sanofi’s $1.9 billion cash acquisition of the U.S. biotech.\nCitrix Systems climbed 5.3% premarket. The Wall Street Journal reported that activist hedge fund Elliott Management has a more than $1 billion stake in the software company and wants it to take action to boost its lagging stock price, according to people familiar with the matter.\nCoty falls 6.8% after announcing the start to offer Class A stock by KKR Rainbow Aggregator LP.\nIndia Globalization Capital jumps 18% after the company says its cannabis-based drug for Alzheimer’s was safe and well tolerated in an early-stage clinical trial on 12 patients.\n\n\nU.S.-traded shares of Chinese electric-car maker NIO Inc. dropped 3% premarket. The company filed a prospectus with the SEC to sell up to $2 billion in American depository shares in an at-the-market offering, which seeks to price shares at the going market rate.\nCoupa Software Inc shares jumped 5.4% premarket after the company raised its financial targets for the year, topping analysts’ expectations.\nBitcoin edged lower early Wednesday, offering little respite to holders of the volatile cryptocurrency after a flash crash a day earlier erased billions of dollars in its value. Coinbase Global, Inc. was sharing the pain, with its shares down 3.2% premarket.\nEarnings are due from executive recruiter Korn Ferry before the opening bell.\nPayPal nudged up 1% premarket. The payments processor agreed to buy Japanese “buy now, pay later” startup Paidy for about $2.7 billion, in a move that will boost its business in the world’s third-largest e-commerce market.\nSmartsheet dropped 3.8% premarket after the business software provider’s earnings report showed a net loss, though its revenue increased. Keybanc nudged its price target for the stock higher, to $94 a share. The stock closed Tuesday at $82.74.\nUiPath, which provides accounts payable, claims processing and other services on its platform, dropped more than 8.6%. And while it beat Wall Street targets, it still registered a per-share loss.\nTesla Motors edged 1% higher after the China Passenger Car Association (CPCA) said the electric vehicle maker sold 44,264 China-made vehicles in August and reported a jump on local deliveries.\n\n\nGameStop, Lululemon Athletica and Avid Bioservices are due to report results after the close.\nIn rates, 10Y Yields fell to 1.3512% compared to a U.S. close of 1.371% on Tuesday, retreating from this week’s eight-week highs in a quiet session. Germany’s 10-year Bund yield also hit eight-week highs before edging lower to -0.331%. Peripheral spreads widen a touch with the belly of the Italian curve widening ~1.5bps to Germany.\nIn FX, USD and haven currencies are modestly bid given the weakness in stocks. The dollar hit a one-week high against the single currency and was trading at $1.1819. It also reached a one-week peak against an index of currencies, recovering from recent five-week lows. It was trading at 92.67 on the index, up 0.15%. The Bloomberg dollar index trades near best levels for the week. CAD and SEK are the weakest in G-10. Turkish lira snaps through 8.40 to lag EMFX peers. The pound weakened for a third day,its longest losing streak in a month, ahead of a Parliament vote on a government tax package that seeks to trim a U.K. budget deficit swollen by pandemic spending;Bank of England Governor Andrew Bailey’s comments will also be in focus as he faces the Treasury Select Committee on Wednesday. The Australian dollar was the worst G-10 performer while Australia’s bonds opened lower following Treasuries and held losses through the day; New Zealand peers also declined following a solid milk auction. The yen touched its weakest level in almost a month before rebounding as risk sentiment soured.\nBitcoin paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering. It was last at $46,552, down 0.7%.\nIn commodities, crude futures pushed higher, returning toward Asia’s best levels. WTI jumped 1.38% to $69.30 a barrel and Brent crude rose 1.14% to $72.50 per barrel, with prices supported by a slow restart to production in the Gulf of Mexico after Hurricane Ida hit the region. Base metals were mixed: LME copper underperforms, snapping through $9,300/MT to trade down as much as 1.5%.  Gold gained 0.17% to $1796.90 per ounce in line with the risk-averse mood and just below the psychologically key $1,800 level which it fell through in the previous session.\nLooking at the day ahead now, and data releases include US job openings and consumer credit for July, alongside Italian retail sales for July as well. From central banks, we’ll get the Bank of Canada’s latest rate decision, the Federal Reserve will be releasing their Beige Book, and speakers include the BoE’s Bailey, Broadbent, Ramsden and Tenreyro, and the Fed’s Williams and Kaplan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880338125,"gmtCreate":1631018205867,"gmtModify":1676530443321,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/880338125","repostId":"1169993498","repostType":4,"repost":{"id":"1169993498","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":1631015740,"share":"https://www.laohu8.com/m/news/1169993498?lang=&edition=full","pubTime":"2021-09-07 19:55","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1169993498","media":"Tiger Newspress","summary":"U.S. stock futureswere flat Tuesday.\nOn Wall Street, cyclical stocks are the best performers, led by","content":"<ul>\n <li>U.S. stock futureswere flat Tuesday.</li>\n <li>On Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech,&nbsp;Communication Services and Energy are slightly lower.</li>\n <li>The dollar and Treasuries yields rose, gold and cryptos dropped.</li>\n <li>Bitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.</li>\n</ul>\n<p>(Sept 7)&nbsp;European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as&nbsp; investors weighed China’s better-than-forecast&nbsp;trade data against the growing likelihood of fading central-bank support. S&amp;P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&amp;P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/774e551b2ebb39de9eaeec90e5af95c9\" tg-width=\"1242\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p>\n<p>Tech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.</p>\n<p>Tracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.</p>\n<p>Among meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits.&nbsp;</p>\n<p>Chinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/f7d4a60cfccf02d72f36227e0e14cd3e\" tg-width=\"274\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li>Alcoa (AA) shares rise 2.9%&nbsp;premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.</li>\n <li>Farfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.</li>\n <li>Columbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</li>\n <li>InflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.</li>\n <li>IronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.</li>\n <li>Match Group (MTCH) surges 14% on being named to the S&amp;P 500 Index.</li>\n <li>Moderna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination</li>\n <li>Vertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.</li>\n</ul>\n<p>The world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”</p>\n<p>Another thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.</p>\n<p><img src=\"https://static.tigerbbs.com/858faccbc6f7fdcbcba5f727c38900c2\" tg-width=\"952\" tg-height=\"625\" width=\"100%\" height=\"auto\">The S&amp;P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.</p>\n<p>Optimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,”&nbsp;Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”</p>\n<p>Asian stocks climbed, driven by Japanese shares<b>that extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.</b>The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso said<b>they will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.</b>Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).</p>\n<p>Adding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa2b6673ab863a92d8ad2a5cbb10328\" tg-width=\"575\" tg-height=\"369\" width=\"100%\" height=\"auto\"><b>In FX,</b> the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.<b>Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,</b>instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.<b>Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.</b>Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.</p>\n<p><b>In rates, </b>Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,<b>with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.</b>Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.&nbsp; Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.</p>\n<p>In commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.</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>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\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\">2021-09-07 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>U.S. stock futureswere flat Tuesday.</li>\n <li>On Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech,&nbsp;Communication Services and Energy are slightly lower.</li>\n <li>The dollar and Treasuries yields rose, gold and cryptos dropped.</li>\n <li>Bitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.</li>\n</ul>\n<p>(Sept 7)&nbsp;European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as&nbsp; investors weighed China’s better-than-forecast&nbsp;trade data against the growing likelihood of fading central-bank support. S&amp;P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&amp;P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/774e551b2ebb39de9eaeec90e5af95c9\" tg-width=\"1242\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p>\n<p>Tech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.</p>\n<p>Tracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.</p>\n<p>Among meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits.&nbsp;</p>\n<p>Chinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/f7d4a60cfccf02d72f36227e0e14cd3e\" tg-width=\"274\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li>Alcoa (AA) shares rise 2.9%&nbsp;premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.</li>\n <li>Farfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.</li>\n <li>Columbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</li>\n <li>InflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.</li>\n <li>IronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.</li>\n <li>Match Group (MTCH) surges 14% on being named to the S&amp;P 500 Index.</li>\n <li>Moderna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination</li>\n <li>Vertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.</li>\n</ul>\n<p>The world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”</p>\n<p>Another thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.</p>\n<p><img src=\"https://static.tigerbbs.com/858faccbc6f7fdcbcba5f727c38900c2\" tg-width=\"952\" tg-height=\"625\" width=\"100%\" height=\"auto\">The S&amp;P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.</p>\n<p>Optimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,”&nbsp;Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”</p>\n<p>Asian stocks climbed, driven by Japanese shares<b>that extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.</b>The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso said<b>they will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.</b>Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).</p>\n<p>Adding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa2b6673ab863a92d8ad2a5cbb10328\" tg-width=\"575\" tg-height=\"369\" width=\"100%\" height=\"auto\"><b>In FX,</b> the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.<b>Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,</b>instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.<b>Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.</b>Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.</p>\n<p><b>In rates, </b>Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,<b>with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.</b>Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.&nbsp; Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.</p>\n<p>In commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169993498","content_text":"U.S. stock futureswere flat Tuesday.\nOn Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech, Communication Services and Energy are slightly lower.\nThe dollar and Treasuries yields rose, gold and cryptos dropped.\nBitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.\n\n(Sept 7) European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as  investors weighed China’s better-than-forecast trade data against the growing likelihood of fading central-bank support. S&P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.\nAt 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.\n\nTech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.\nTracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.\nAmong meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits. \nChinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.\n\nStocks making the biggest moves premarket:\n\nAlcoa (AA) shares rise 2.9% premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.\nFarfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.\nColumbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.\nInflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.\nIronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.\nMatch Group (MTCH) surges 14% on being named to the S&P 500 Index.\nModerna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination\nVertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.\n\nThe world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”\nAnother thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.\nThe S&P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.\nOptimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,” Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”\nAsian stocks climbed, driven by Japanese sharesthat extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso saidthey will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).\nAdding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.\nIn FX, the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.\nIn rates, Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.  Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.\nIn commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880944353,"gmtCreate":1631014687972,"gmtModify":1676530442414,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/880944353","repostId":"1114600332","repostType":4,"repost":{"id":"1114600332","pubTimestamp":1631014500,"share":"https://www.laohu8.com/m/news/1114600332?lang=&edition=full","pubTime":"2021-09-07 19:35","market":"us","language":"en","title":"Nano Dimension Is a Speculative Bet on the 3D Printing Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1114600332","media":"InvestorPlace","summary":"NNDM stock is overpriced and offers little value to long-term investors.\n\nIsraeli 3D-printing specia","content":"<blockquote>\n <b>NNDM stock is overpriced and offers little value to long-term investors.</b>\n</blockquote>\n<p>Israeli 3D-printing specialist<b>Nano Dimension</b>(NASDAQ:<b>NNDM</b>) stock has underperformed in the past several years.</p>\n<p>It has struggled to drive growth for its shareholders. The meme stock mania, though, propelled NNDM stock to highs of $17.80 earlier this year. &nbsp;However, the company continues to lack direction and offers little upside at this point.</p>\n<p>NNDM stock has been on quite the roller-coaster run this year. It is one of the stocks that have benefited from the retail trading frenzy. However, the stock has now lost most of its gains from the early half of the year.</p>\n<p>Despite the drop, it still trades at over 255x its trailing-12-month sales. NNDM stock has an overblown valuation at this point, and its questionable outlook makes a highly speculative bet.</p>\n<p><b>Lackluster Earnings Performance</b></p>\n<p>The pandemic has slowed down deliveries of Nano Dimension’s 3D DragonFly printers. It’s clients’ limited spending on equipment and the hoarding of cash reserves has limited growth.</p>\n<p>In the six months ended June 30, 2021, revenues rose from$990,000 to $1.62 million. The increase in revenues is unimpressive considering it made roughly $2 million in just the fourth quarter. Moreover, its net loss for the six months was $22.9 million, which rose 121.6% from the prior-year period.</p>\n<p>The massive increase in its net loss is attributable to its rising operational expenses.&nbsp; For the period,sales and marketing expenses rose to $8.72 million, which shot up almost 400% from the same period last year. &nbsp;The healthy increase in expenses is linked to payroll, share-based payment, and advertising costs.</p>\n<p>In the past six months, general and administrative expenseswere at a lofty $8.3 million, which also rose 329%. The massive increase was due to professional services expenses and share-based payments. More importantly, research and development expenses rose to $12.8 million compared to $3.6 million.</p>\n<p>From the numbers, it is clear that the business is in its early stages of development. However, the issue is that it trades like a mature company with a market cap of over $1.55 billion. The printed electronics market is expected to rise from$592 million in 2021 to $2.4 billionin 2025. Therefore, Nano Dimension’s market cap is more than the industry’s output at this time.</p>\n<p><b>Scalability</b></p>\n<p>One of the main concerns I have about NNDM stock is whether the company’s business is scalable. It’s operating in a relatively small market and hasn’t proved that its products can be scaled effectively at low costs. Hence, the chip shortage has led to businesses preferring conventional chip printing solutions rather than doing Nano Dimension’s fancy 3D solution.</p>\n<p>Another problem is the lack of organic growth. This year, it has acquired DeepCube and NanoFabrica in improving the performance of its management team and printers. So, it appears that its business is essentially dependent upon what businesses it can buy and what price.</p>\n<p>Additionally, the company’s printers cost around $250,000 per unit. If we look at its second-quarter results, it generatedroughly $811,000 in sales, indicates it sold just three printers. For a company with such a massive market cap and hardly any sales revenue, the figure is puzzling.</p>\n<p><b>The Bottom Line on NNDM Stock</b></p>\n<p>NNDM stock had a decent run this year. However, the retail trading interest in the stock has faded away, as the focus is squarely on its top-line growth and outlook.</p>\n<p>Nano Dimension has had it incredibly tough in boosting its organic sales. It lacks a clear vision and has therefore failed to scale its operations effectively. Moreover, it’s trading at a valuation that eclipses its total addressable market.</p>\n<p>NNDM stock is overbought and a highly speculative bet at this stage.</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>Nano Dimension Is a Speculative Bet on the 3D Printing Market</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\">\nNano Dimension Is a Speculative Bet on the 3D Printing Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 19:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/nndm-stock-is-a-speculative-bet-on-the-3d-printing-market/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NNDM stock is overpriced and offers little value to long-term investors.\n\nIsraeli 3D-printing specialistNano Dimension(NASDAQ:NNDM) stock has underperformed in the past several years.\nIt has struggled...</p>\n\n<a href=\"https://investorplace.com/2021/09/nndm-stock-is-a-speculative-bet-on-the-3d-printing-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NNDM":"Nano Dimension Ltd."},"source_url":"https://investorplace.com/2021/09/nndm-stock-is-a-speculative-bet-on-the-3d-printing-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114600332","content_text":"NNDM stock is overpriced and offers little value to long-term investors.\n\nIsraeli 3D-printing specialistNano Dimension(NASDAQ:NNDM) stock has underperformed in the past several years.\nIt has struggled to drive growth for its shareholders. The meme stock mania, though, propelled NNDM stock to highs of $17.80 earlier this year.  However, the company continues to lack direction and offers little upside at this point.\nNNDM stock has been on quite the roller-coaster run this year. It is one of the stocks that have benefited from the retail trading frenzy. However, the stock has now lost most of its gains from the early half of the year.\nDespite the drop, it still trades at over 255x its trailing-12-month sales. NNDM stock has an overblown valuation at this point, and its questionable outlook makes a highly speculative bet.\nLackluster Earnings Performance\nThe pandemic has slowed down deliveries of Nano Dimension’s 3D DragonFly printers. It’s clients’ limited spending on equipment and the hoarding of cash reserves has limited growth.\nIn the six months ended June 30, 2021, revenues rose from$990,000 to $1.62 million. The increase in revenues is unimpressive considering it made roughly $2 million in just the fourth quarter. Moreover, its net loss for the six months was $22.9 million, which rose 121.6% from the prior-year period.\nThe massive increase in its net loss is attributable to its rising operational expenses.  For the period,sales and marketing expenses rose to $8.72 million, which shot up almost 400% from the same period last year.  The healthy increase in expenses is linked to payroll, share-based payment, and advertising costs.\nIn the past six months, general and administrative expenseswere at a lofty $8.3 million, which also rose 329%. The massive increase was due to professional services expenses and share-based payments. More importantly, research and development expenses rose to $12.8 million compared to $3.6 million.\nFrom the numbers, it is clear that the business is in its early stages of development. However, the issue is that it trades like a mature company with a market cap of over $1.55 billion. The printed electronics market is expected to rise from$592 million in 2021 to $2.4 billionin 2025. Therefore, Nano Dimension’s market cap is more than the industry’s output at this time.\nScalability\nOne of the main concerns I have about NNDM stock is whether the company’s business is scalable. It’s operating in a relatively small market and hasn’t proved that its products can be scaled effectively at low costs. Hence, the chip shortage has led to businesses preferring conventional chip printing solutions rather than doing Nano Dimension’s fancy 3D solution.\nAnother problem is the lack of organic growth. This year, it has acquired DeepCube and NanoFabrica in improving the performance of its management team and printers. So, it appears that its business is essentially dependent upon what businesses it can buy and what price.\nAdditionally, the company’s printers cost around $250,000 per unit. If we look at its second-quarter results, it generatedroughly $811,000 in sales, indicates it sold just three printers. For a company with such a massive market cap and hardly any sales revenue, the figure is puzzling.\nThe Bottom Line on NNDM Stock\nNNDM stock had a decent run this year. However, the retail trading interest in the stock has faded away, as the focus is squarely on its top-line growth and outlook.\nNano Dimension has had it incredibly tough in boosting its organic sales. It lacks a clear vision and has therefore failed to scale its operations effectively. Moreover, it’s trading at a valuation that eclipses its total addressable market.\nNNDM stock is overbought and a highly speculative bet at this stage.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":888010627,"gmtCreate":1631412674569,"gmtModify":1676530543025,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/888010627","repostId":"2166772293","repostType":4,"repost":{"id":"2166772293","pubTimestamp":1631410204,"share":"https://www.laohu8.com/m/news/2166772293?lang=&edition=full","pubTime":"2021-09-12 09:30","market":"us","language":"en","title":"Can Coinbase Stock Turbocharge Your Portfolio?","url":"https://stock-news.laohu8.com/highlight/detail?id=2166772293","media":"Motley Fool","summary":"It would be a mistake to blindly dismiss the opportunity this cryptocurrency stock offers.","content":"<p>During its brief history as a publicly-traded company, cryptocurrency exchange <b>Coinbase Global</b> (NASDAQ:COIN) has surpassed expectations by an incredible margin. For example, analysts believed the company would report earnings of $2.33 per share in the second quarter of 2021. Coinbase actually delivered earnings of $6.42, outperforming estimates by 176%.</p>\n<p>But according to TipRanks, analysts are extremely divided on Coinbase stock, which trades at about $260 per share as of this writing. Price targets are as high as $500 and as low as $220. Clearly, Wall Street doesn't know what to make of this company.</p>\n<p>Sometimes, confusion like this presents an opportunity for those who can see through it. It's unclear whether this applies to Coinbase stock, but there does appear to be underappreciated upside here.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed9498a97a55f6908c77143577ad55d2\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Coinbase Global.</span></p>\n<h2>Growing the core business</h2>\n<p>Coinbase has two primary sets of customers: institutional investors like hedge funds and retail investors like you and me. The company generated 88% of its total revenue in the second quarter by charging fees for trades. But even though institutional investors have far more assets on the platform and trade more often, 95% of this transactional revenue came from retail investors.</p>\n<p>Coinbase needs to better monetize institutional investors, but for now, let's accept the business model for what it is. Based on the numbers we've seen, it must grow its retail investor user base to grow its core business, and it has a couple of ways to do this.</p>\n<p>First, Coinbase can grow the list of cryptocurrencies that it supports. For those unaware, there are <i>thousands</i> of cryptocurrencies, and each <a href=\"https://laohu8.com/S/AONE.U\">one</a> requires particular support infrastructure. You can't just throw them up on the platform.</p>\n<p>To the company's credit, it added 22 new crypto-assets in the second quarter alone, a quarterly record. And perhaps this is part of the reason it has seen strong user growth. It had 8.8 million monthly transacting users in the second quarter, versus just 1.5 million in the same quarter last year.</p>\n<p>Second, Coinbase can launch internationally. Right now the company is working on entering Germany and Japan. It's a challenge, because every country has its own regulations regarding cryptocurrencies. However, with such a small user base, Coinbase has a shot at outsized growth by widening its net overseas.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59a6546d426e2aaec900cfc50ff94439\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Exercising optionality</h2>\n<p>Many investors rightly approach Coinbase stock with great caution. Cryptocurrency has historically been volatile, motivating people to trade often. Remember: The company disproportionately profits with frequent transactions. Therefore, if trading decreases with increased cryptocurrency stability, its business model could fall apart.</p>\n<p>However, consider two things. First, potential Coinbase investors are being compensated for this risk with a cheaply valued stock. The company is very profitable and trades at just 22 times <i>trailing</i> earnings, according to data from YCharts, an almost unheard-of valuation for a fintech stock.</p>\n<p>Second, Coinbase is plowing its cash back into the business. According to management, its capital allocation strategy has 70% of capital invested to improve the core business, 20% used for strategic investments, and 10% spent innovating with new products. Experienced investors will recognize this last item as the desirable trait called optionality.</p>\n<p>Here are two examples of Coinbase's optionality. First, the company supports popular cryptocurrency <b>Bitcoin</b>. But it now has a feature called Bitcoin Borrow, allowing users to borrow money using Bitcoin as collateral. It also recently launched Coinbase Card from <b><a href=\"https://laohu8.com/S/V\">Visa</a></b> so users can spend their cryptocurrency on everyday purchases.</p>\n<p>A more compelling example of this optionality is Coinbase Cloud. Cryptocurrencies live on blockchains, but they're not the only thing that can be built on the underlying blockchain technology. Various decentralized applications can also be built on blockchains, and Coinbase wants its cloud product to become <i>the</i> de facto way these are built. Management envisions Coinbase Cloud becoming like&nbsp;<b>Amazon</b> Web Services but for cryptoccurency. This could be an enormous opportunity if cryptocurrency becomes a bigger and enduring movement.</p>\n<h2>A portfolio turbocharger?</h2>\n<p>In summary, Coinbase stock is a risky investment, because its primary source of revenue has questionable longevity. However, one can't dismiss the company completely, because its current growth gives it the optionality afforded by its significant financial resources. Its non-transaction-based revenue has increased more than 15 times over just the past 12 months, so it's clear Coinbase is mitigating risks to its core business by developing other revenue streams.</p>\n<p>The cryptocurrency space is still young so it's hard to predict what it will look like in five to 10 years. However, if you believe cryptocurrency is still in the early innings, then Coinbase stock looks like it might be worth adding to a&nbsp;diversified portfolio.</p>\n<p>However, I wouldn't make a large bet on Coinbase stock today.&nbsp;The risk that cryptocurrency trading volumes could decrease still stands. But if this company executes on its vision, then even a small portfolio allocation could boost your overall returns in the years to come.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can Coinbase Stock Turbocharge Your Portfolio?</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\">\nCan Coinbase Stock Turbocharge Your Portfolio?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/11/can-coinbase-stock-turbocharge-your-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>During its brief history as a publicly-traded company, cryptocurrency exchange Coinbase Global (NASDAQ:COIN) has surpassed expectations by an incredible margin. For example, analysts believed the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/11/can-coinbase-stock-turbocharge-your-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2021/09/11/can-coinbase-stock-turbocharge-your-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166772293","content_text":"During its brief history as a publicly-traded company, cryptocurrency exchange Coinbase Global (NASDAQ:COIN) has surpassed expectations by an incredible margin. For example, analysts believed the company would report earnings of $2.33 per share in the second quarter of 2021. Coinbase actually delivered earnings of $6.42, outperforming estimates by 176%.\nBut according to TipRanks, analysts are extremely divided on Coinbase stock, which trades at about $260 per share as of this writing. Price targets are as high as $500 and as low as $220. Clearly, Wall Street doesn't know what to make of this company.\nSometimes, confusion like this presents an opportunity for those who can see through it. It's unclear whether this applies to Coinbase stock, but there does appear to be underappreciated upside here.\nImage source: Coinbase Global.\nGrowing the core business\nCoinbase has two primary sets of customers: institutional investors like hedge funds and retail investors like you and me. The company generated 88% of its total revenue in the second quarter by charging fees for trades. But even though institutional investors have far more assets on the platform and trade more often, 95% of this transactional revenue came from retail investors.\nCoinbase needs to better monetize institutional investors, but for now, let's accept the business model for what it is. Based on the numbers we've seen, it must grow its retail investor user base to grow its core business, and it has a couple of ways to do this.\nFirst, Coinbase can grow the list of cryptocurrencies that it supports. For those unaware, there are thousands of cryptocurrencies, and each one requires particular support infrastructure. You can't just throw them up on the platform.\nTo the company's credit, it added 22 new crypto-assets in the second quarter alone, a quarterly record. And perhaps this is part of the reason it has seen strong user growth. It had 8.8 million monthly transacting users in the second quarter, versus just 1.5 million in the same quarter last year.\nSecond, Coinbase can launch internationally. Right now the company is working on entering Germany and Japan. It's a challenge, because every country has its own regulations regarding cryptocurrencies. However, with such a small user base, Coinbase has a shot at outsized growth by widening its net overseas.\nImage source: Getty Images.\nExercising optionality\nMany investors rightly approach Coinbase stock with great caution. Cryptocurrency has historically been volatile, motivating people to trade often. Remember: The company disproportionately profits with frequent transactions. Therefore, if trading decreases with increased cryptocurrency stability, its business model could fall apart.\nHowever, consider two things. First, potential Coinbase investors are being compensated for this risk with a cheaply valued stock. The company is very profitable and trades at just 22 times trailing earnings, according to data from YCharts, an almost unheard-of valuation for a fintech stock.\nSecond, Coinbase is plowing its cash back into the business. According to management, its capital allocation strategy has 70% of capital invested to improve the core business, 20% used for strategic investments, and 10% spent innovating with new products. Experienced investors will recognize this last item as the desirable trait called optionality.\nHere are two examples of Coinbase's optionality. First, the company supports popular cryptocurrency Bitcoin. But it now has a feature called Bitcoin Borrow, allowing users to borrow money using Bitcoin as collateral. It also recently launched Coinbase Card from Visa so users can spend their cryptocurrency on everyday purchases.\nA more compelling example of this optionality is Coinbase Cloud. Cryptocurrencies live on blockchains, but they're not the only thing that can be built on the underlying blockchain technology. Various decentralized applications can also be built on blockchains, and Coinbase wants its cloud product to become the de facto way these are built. Management envisions Coinbase Cloud becoming like Amazon Web Services but for cryptoccurency. This could be an enormous opportunity if cryptocurrency becomes a bigger and enduring movement.\nA portfolio turbocharger?\nIn summary, Coinbase stock is a risky investment, because its primary source of revenue has questionable longevity. However, one can't dismiss the company completely, because its current growth gives it the optionality afforded by its significant financial resources. Its non-transaction-based revenue has increased more than 15 times over just the past 12 months, so it's clear Coinbase is mitigating risks to its core business by developing other revenue streams.\nThe cryptocurrency space is still young so it's hard to predict what it will look like in five to 10 years. However, if you believe cryptocurrency is still in the early innings, then Coinbase stock looks like it might be worth adding to a diversified portfolio.\nHowever, I wouldn't make a large bet on Coinbase stock today. The risk that cryptocurrency trading volumes could decrease still stands. But if this company executes on its vision, then even a small portfolio allocation could boost your overall returns in the years to come.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889982731,"gmtCreate":1631103576323,"gmtModify":1676530468081,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":":)","listText":":)","text":":)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/889982731","repostId":"1152198957","repostType":4,"repost":{"id":"1152198957","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":1631101599,"share":"https://www.laohu8.com/m/news/1152198957?lang=&edition=full","pubTime":"2021-09-08 19:46","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1152198957","media":"Tiger Newspress","summary":"US futures were set for a third straight day of losses on Wednesday.\nCoinbase shares fall after comp","content":"<ul>\n <li>US futures were set for a third straight day of losses on Wednesday.</li>\n <li>Coinbase shares fall after company reveals SEC plans to sue.</li>\n <li>Amazon expands grab and go; Apple sets September event.</li>\n <li>Bitcoin paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering.</li>\n</ul>\n<p>(Sept 8)&nbsp;World stocks receded from the previous session’s record highs, European stocks were headed for the biggest decline in almost three weeks and US futures were set for a third straight day of losses on Wednesday with the global growth outlook coming under increasing pressure while the dollar hit one-week highs and 10Y yields dipped as investors reduced exposure to riskier assets. S&amp;P futures briefly fell 0.5%, tipping below 4,500 before, recovering losses after the S&amp;P 500 fell 0.34% on Tuesday, while Dow futures were flat and Nasdaq emini futs were fractionally in the red as banks from Morgan Stanley to Citigroup&nbsp;turned cautious&nbsp;on US equities.</p>\n<p>The S&amp;P 500 and Dow Jones indexes closed lower on Tuesday, but the Nasdaq edged up to an all-time high after shares of Apple and Netflix hit record levels. US stocks have come under increasing pressure in recent days as investors have turned increasingly cautious following Friday’s weak August payrolls data and uncertainty over tapering.</p>\n<p>At 7:50 a.m. ET, Dow E-minis were down 8 points, or 0.02%, S&amp;P 500 E-minis fell 1.25 points, or 0.03% and Nasdaq 100 E-minis dipped 7.25 points, or 0.05%.</p>\n<p><img src=\"https://static.tigerbbs.com/cc04d49fecc926ac0b6c918d30547306\" tg-width=\"1242\" tg-height=\"502\" referrerpolicy=\"no-referrer\"></p>\n<p>Shares of Microsoft Corp, Amazon.com Inc, Facebook Inc and Google-owner Alphabet Inc fell between 0.1% and 0.3% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/a735311ccbdb64bf0c286f986875bd52\" tg-width=\"281\" tg-height=\"287\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/KDMN\">Kadmon</a></b> surges 78% after Sanofi’s $1.9 billion cash acquisition of the U.S. biotech.</li>\n <li><b><a href=\"https://laohu8.com/S/CTXS\">Citrix</a> Systems</b>&nbsp;climbed 5.3% premarket. The Wall Street Journal reported that activist hedge fund Elliott Management has a more than $1 billion stake in the software company and wants it to take action to&nbsp;boost its lagging stock price, according to people familiar with the matter.</li>\n <li><b><a href=\"https://laohu8.com/S/COTY\">Coty</a> </b>falls 6.8% after announcing the start to offer Class A stock by KKR Rainbow Aggregator LP.</li>\n <li><b><a href=\"https://laohu8.com/S/IGC\">India Globalization Capital</a></b> jumps 18% after the company says its cannabis-based drug for Alzheimer’s was safe and well tolerated in an early-stage clinical trial on 12 patients.</li>\n</ul>\n<ul>\n <li>U.S.-traded shares of Chinese electric-car maker&nbsp;<b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> dropped 3% premarket. The company filed a prospectus with the SEC to sell up to $2 billion in American depository shares in an at-the-market offering, which seeks to price shares at the going market rate.</li>\n <li><b><a href=\"https://laohu8.com/S/COUP\">Coupa Software Inc</a> </b>shares jumped 5.4% premarket after the company raised its financial targets for the year, topping analysts’ expectations.</li>\n <li>Bitcoin edged lower early Wednesday, offering little respite to holders of the volatile cryptocurrency after a&nbsp;flash crash&nbsp;a day earlier erased billions of dollars in its value.&nbsp;<b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a></b> was sharing the pain, with its shares down 3.2% premarket.</li>\n <li>Earnings are due from executive recruiter&nbsp;Korn Ferry&nbsp;before the opening bell.</li>\n <li><b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> </b>nudged up 1% premarket. The payments processor&nbsp;agreed to buy Japanese&nbsp;“buy now, pay later” startup&nbsp;Paidy for about $2.7 billion, in a move that will boost its business in the world’s third-largest e-commerce market.</li>\n <li><b><a href=\"https://laohu8.com/S/SMAR\">Smartsheet</a> </b>dropped 3.8% premarket after the business software provider’s earnings report showed a net loss, though its revenue increased. Keybanc nudged its price target for the stock higher, to $94 a share. The stock closed Tuesday at $82.74.</li>\n <li><b><a href=\"https://laohu8.com/S/PATH\">UiPath</a>,</b>&nbsp;which provides accounts payable, claims processing and other services on its platform, dropped more than 8.6%. And while it beat Wall Street targets, it still registered a per-share loss.</li>\n <li><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> edged 1% higher after the China Passenger Car Association (CPCA) said the electric vehicle maker sold 44,264 China-made vehicles in August and reported a jump on local deliveries.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/7f98b61e1444bee35abb95dbe2470990\" tg-width=\"1127\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p>\n<p>GameStop,&nbsp;Lululemon Athletica&nbsp;and&nbsp;Avid Bioservices&nbsp;are due to report results after the close.</p>\n<p><b>In rates,</b> 10Y Yields fell to 1.3512% compared to a U.S. close of 1.371% on Tuesday, retreating from this week’s eight-week highs in a quiet session. Germany’s 10-year Bund yield also hit eight-week highs before edging lower to -0.331%. Peripheral spreads widen a touch with the belly of the Italian curve widening ~1.5bps to Germany.</p>\n<p><b>In FX, </b>USD and haven currencies are modestly bid given the weakness in stocks. The dollar hit a one-week high against the single currency and was trading at $1.1819. It also reached a one-week peak against an index of currencies, recovering from recent five-week lows. It was trading at 92.67 on the index, up 0.15%. The Bloomberg dollar index trades near best levels for the week. CAD and SEK are the weakest in G-10. Turkish lira snaps through 8.40 to lag EMFX peers. The pound weakened for a third day,<b>its longest losing streak in a month, ahead of a Parliament vote on a government tax package that seeks to trim a U.K. budget deficit swollen by pandemic spending;</b>Bank of England Governor Andrew Bailey’s comments will also be in focus as he faces the Treasury Select Committee on Wednesday. The Australian dollar was the worst G-10 performer while Australia’s bonds opened lower following Treasuries and held losses through the day; New Zealand peers also declined following a solid milk auction. The yen touched its weakest level in almost a month before rebounding as risk sentiment soured.</p>\n<p><b>Bitcoin</b> paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering. It was last at $46,552, down 0.7%.</p>\n<p><b>In commodities, </b>crude futures pushed higher, returning toward Asia’s best levels. WTI jumped 1.38% to $69.30 a barrel and Brent crude rose 1.14% to $72.50 per barrel, with prices supported by a slow restart to production in the Gulf of Mexico after Hurricane Ida hit the region. Base metals were mixed: LME copper underperforms, snapping through $9,300/MT to trade down as much as 1.5%.&nbsp; Gold gained 0.17% to $1796.90 per ounce in line with the risk-averse mood and just below the psychologically key $1,800 level which it fell through in the previous session.</p>\n<p>Looking at the day ahead now, and data releases include US job openings and consumer credit for July, alongside Italian retail sales for July as well. From central banks, we’ll get the Bank of Canada’s latest rate decision, the Federal Reserve will be releasing their Beige Book, and speakers include the BoE’s Bailey, Broadbent, Ramsden and Tenreyro, and the Fed’s Williams and Kaplan.</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>Toplines Before US Market Open 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; 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\">\nToplines Before US Market Open on Wednesday\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\">2021-09-08 19:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>US futures were set for a third straight day of losses on Wednesday.</li>\n <li>Coinbase shares fall after company reveals SEC plans to sue.</li>\n <li>Amazon expands grab and go; Apple sets September event.</li>\n <li>Bitcoin paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering.</li>\n</ul>\n<p>(Sept 8)&nbsp;World stocks receded from the previous session’s record highs, European stocks were headed for the biggest decline in almost three weeks and US futures were set for a third straight day of losses on Wednesday with the global growth outlook coming under increasing pressure while the dollar hit one-week highs and 10Y yields dipped as investors reduced exposure to riskier assets. S&amp;P futures briefly fell 0.5%, tipping below 4,500 before, recovering losses after the S&amp;P 500 fell 0.34% on Tuesday, while Dow futures were flat and Nasdaq emini futs were fractionally in the red as banks from Morgan Stanley to Citigroup&nbsp;turned cautious&nbsp;on US equities.</p>\n<p>The S&amp;P 500 and Dow Jones indexes closed lower on Tuesday, but the Nasdaq edged up to an all-time high after shares of Apple and Netflix hit record levels. US stocks have come under increasing pressure in recent days as investors have turned increasingly cautious following Friday’s weak August payrolls data and uncertainty over tapering.</p>\n<p>At 7:50 a.m. ET, Dow E-minis were down 8 points, or 0.02%, S&amp;P 500 E-minis fell 1.25 points, or 0.03% and Nasdaq 100 E-minis dipped 7.25 points, or 0.05%.</p>\n<p><img src=\"https://static.tigerbbs.com/cc04d49fecc926ac0b6c918d30547306\" tg-width=\"1242\" tg-height=\"502\" referrerpolicy=\"no-referrer\"></p>\n<p>Shares of Microsoft Corp, Amazon.com Inc, Facebook Inc and Google-owner Alphabet Inc fell between 0.1% and 0.3% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/a735311ccbdb64bf0c286f986875bd52\" tg-width=\"281\" tg-height=\"287\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/KDMN\">Kadmon</a></b> surges 78% after Sanofi’s $1.9 billion cash acquisition of the U.S. biotech.</li>\n <li><b><a href=\"https://laohu8.com/S/CTXS\">Citrix</a> Systems</b>&nbsp;climbed 5.3% premarket. The Wall Street Journal reported that activist hedge fund Elliott Management has a more than $1 billion stake in the software company and wants it to take action to&nbsp;boost its lagging stock price, according to people familiar with the matter.</li>\n <li><b><a href=\"https://laohu8.com/S/COTY\">Coty</a> </b>falls 6.8% after announcing the start to offer Class A stock by KKR Rainbow Aggregator LP.</li>\n <li><b><a href=\"https://laohu8.com/S/IGC\">India Globalization Capital</a></b> jumps 18% after the company says its cannabis-based drug for Alzheimer’s was safe and well tolerated in an early-stage clinical trial on 12 patients.</li>\n</ul>\n<ul>\n <li>U.S.-traded shares of Chinese electric-car maker&nbsp;<b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> dropped 3% premarket. The company filed a prospectus with the SEC to sell up to $2 billion in American depository shares in an at-the-market offering, which seeks to price shares at the going market rate.</li>\n <li><b><a href=\"https://laohu8.com/S/COUP\">Coupa Software Inc</a> </b>shares jumped 5.4% premarket after the company raised its financial targets for the year, topping analysts’ expectations.</li>\n <li>Bitcoin edged lower early Wednesday, offering little respite to holders of the volatile cryptocurrency after a&nbsp;flash crash&nbsp;a day earlier erased billions of dollars in its value.&nbsp;<b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a></b> was sharing the pain, with its shares down 3.2% premarket.</li>\n <li>Earnings are due from executive recruiter&nbsp;Korn Ferry&nbsp;before the opening bell.</li>\n <li><b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> </b>nudged up 1% premarket. The payments processor&nbsp;agreed to buy Japanese&nbsp;“buy now, pay later” startup&nbsp;Paidy for about $2.7 billion, in a move that will boost its business in the world’s third-largest e-commerce market.</li>\n <li><b><a href=\"https://laohu8.com/S/SMAR\">Smartsheet</a> </b>dropped 3.8% premarket after the business software provider’s earnings report showed a net loss, though its revenue increased. Keybanc nudged its price target for the stock higher, to $94 a share. The stock closed Tuesday at $82.74.</li>\n <li><b><a href=\"https://laohu8.com/S/PATH\">UiPath</a>,</b>&nbsp;which provides accounts payable, claims processing and other services on its platform, dropped more than 8.6%. And while it beat Wall Street targets, it still registered a per-share loss.</li>\n <li><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> edged 1% higher after the China Passenger Car Association (CPCA) said the electric vehicle maker sold 44,264 China-made vehicles in August and reported a jump on local deliveries.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/7f98b61e1444bee35abb95dbe2470990\" tg-width=\"1127\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p>\n<p>GameStop,&nbsp;Lululemon Athletica&nbsp;and&nbsp;Avid Bioservices&nbsp;are due to report results after the close.</p>\n<p><b>In rates,</b> 10Y Yields fell to 1.3512% compared to a U.S. close of 1.371% on Tuesday, retreating from this week’s eight-week highs in a quiet session. Germany’s 10-year Bund yield also hit eight-week highs before edging lower to -0.331%. Peripheral spreads widen a touch with the belly of the Italian curve widening ~1.5bps to Germany.</p>\n<p><b>In FX, </b>USD and haven currencies are modestly bid given the weakness in stocks. The dollar hit a one-week high against the single currency and was trading at $1.1819. It also reached a one-week peak against an index of currencies, recovering from recent five-week lows. It was trading at 92.67 on the index, up 0.15%. The Bloomberg dollar index trades near best levels for the week. CAD and SEK are the weakest in G-10. Turkish lira snaps through 8.40 to lag EMFX peers. The pound weakened for a third day,<b>its longest losing streak in a month, ahead of a Parliament vote on a government tax package that seeks to trim a U.K. budget deficit swollen by pandemic spending;</b>Bank of England Governor Andrew Bailey’s comments will also be in focus as he faces the Treasury Select Committee on Wednesday. The Australian dollar was the worst G-10 performer while Australia’s bonds opened lower following Treasuries and held losses through the day; New Zealand peers also declined following a solid milk auction. The yen touched its weakest level in almost a month before rebounding as risk sentiment soured.</p>\n<p><b>Bitcoin</b> paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering. It was last at $46,552, down 0.7%.</p>\n<p><b>In commodities, </b>crude futures pushed higher, returning toward Asia’s best levels. WTI jumped 1.38% to $69.30 a barrel and Brent crude rose 1.14% to $72.50 per barrel, with prices supported by a slow restart to production in the Gulf of Mexico after Hurricane Ida hit the region. Base metals were mixed: LME copper underperforms, snapping through $9,300/MT to trade down as much as 1.5%.&nbsp; Gold gained 0.17% to $1796.90 per ounce in line with the risk-averse mood and just below the psychologically key $1,800 level which it fell through in the previous session.</p>\n<p>Looking at the day ahead now, and data releases include US job openings and consumer credit for July, alongside Italian retail sales for July as well. From central banks, we’ll get the Bank of Canada’s latest rate decision, the Federal Reserve will be releasing their Beige Book, and speakers include the BoE’s Bailey, Broadbent, Ramsden and Tenreyro, and the Fed’s Williams and Kaplan.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152198957","content_text":"US futures were set for a third straight day of losses on Wednesday.\nCoinbase shares fall after company reveals SEC plans to sue.\nAmazon expands grab and go; Apple sets September event.\nBitcoin paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering.\n\n(Sept 8) World stocks receded from the previous session’s record highs, European stocks were headed for the biggest decline in almost three weeks and US futures were set for a third straight day of losses on Wednesday with the global growth outlook coming under increasing pressure while the dollar hit one-week highs and 10Y yields dipped as investors reduced exposure to riskier assets. S&P futures briefly fell 0.5%, tipping below 4,500 before, recovering losses after the S&P 500 fell 0.34% on Tuesday, while Dow futures were flat and Nasdaq emini futs were fractionally in the red as banks from Morgan Stanley to Citigroup turned cautious on US equities.\nThe S&P 500 and Dow Jones indexes closed lower on Tuesday, but the Nasdaq edged up to an all-time high after shares of Apple and Netflix hit record levels. US stocks have come under increasing pressure in recent days as investors have turned increasingly cautious following Friday’s weak August payrolls data and uncertainty over tapering.\nAt 7:50 a.m. ET, Dow E-minis were down 8 points, or 0.02%, S&P 500 E-minis fell 1.25 points, or 0.03% and Nasdaq 100 E-minis dipped 7.25 points, or 0.05%.\n\nShares of Microsoft Corp, Amazon.com Inc, Facebook Inc and Google-owner Alphabet Inc fell between 0.1% and 0.3% in premarket trading.\n\nStocks making the biggest moves premarket:\n\nKadmon surges 78% after Sanofi’s $1.9 billion cash acquisition of the U.S. biotech.\nCitrix Systems climbed 5.3% premarket. The Wall Street Journal reported that activist hedge fund Elliott Management has a more than $1 billion stake in the software company and wants it to take action to boost its lagging stock price, according to people familiar with the matter.\nCoty falls 6.8% after announcing the start to offer Class A stock by KKR Rainbow Aggregator LP.\nIndia Globalization Capital jumps 18% after the company says its cannabis-based drug for Alzheimer’s was safe and well tolerated in an early-stage clinical trial on 12 patients.\n\n\nU.S.-traded shares of Chinese electric-car maker NIO Inc. dropped 3% premarket. The company filed a prospectus with the SEC to sell up to $2 billion in American depository shares in an at-the-market offering, which seeks to price shares at the going market rate.\nCoupa Software Inc shares jumped 5.4% premarket after the company raised its financial targets for the year, topping analysts’ expectations.\nBitcoin edged lower early Wednesday, offering little respite to holders of the volatile cryptocurrency after a flash crash a day earlier erased billions of dollars in its value. Coinbase Global, Inc. was sharing the pain, with its shares down 3.2% premarket.\nEarnings are due from executive recruiter Korn Ferry before the opening bell.\nPayPal nudged up 1% premarket. The payments processor agreed to buy Japanese “buy now, pay later” startup Paidy for about $2.7 billion, in a move that will boost its business in the world’s third-largest e-commerce market.\nSmartsheet dropped 3.8% premarket after the business software provider’s earnings report showed a net loss, though its revenue increased. Keybanc nudged its price target for the stock higher, to $94 a share. The stock closed Tuesday at $82.74.\nUiPath, which provides accounts payable, claims processing and other services on its platform, dropped more than 8.6%. And while it beat Wall Street targets, it still registered a per-share loss.\nTesla Motors edged 1% higher after the China Passenger Car Association (CPCA) said the electric vehicle maker sold 44,264 China-made vehicles in August and reported a jump on local deliveries.\n\n\nGameStop, Lululemon Athletica and Avid Bioservices are due to report results after the close.\nIn rates, 10Y Yields fell to 1.3512% compared to a U.S. close of 1.371% on Tuesday, retreating from this week’s eight-week highs in a quiet session. Germany’s 10-year Bund yield also hit eight-week highs before edging lower to -0.331%. Peripheral spreads widen a touch with the belly of the Italian curve widening ~1.5bps to Germany.\nIn FX, USD and haven currencies are modestly bid given the weakness in stocks. The dollar hit a one-week high against the single currency and was trading at $1.1819. It also reached a one-week peak against an index of currencies, recovering from recent five-week lows. It was trading at 92.67 on the index, up 0.15%. The Bloomberg dollar index trades near best levels for the week. CAD and SEK are the weakest in G-10. Turkish lira snaps through 8.40 to lag EMFX peers. The pound weakened for a third day,its longest losing streak in a month, ahead of a Parliament vote on a government tax package that seeks to trim a U.K. budget deficit swollen by pandemic spending;Bank of England Governor Andrew Bailey’s comments will also be in focus as he faces the Treasury Select Committee on Wednesday. The Australian dollar was the worst G-10 performer while Australia’s bonds opened lower following Treasuries and held losses through the day; New Zealand peers also declined following a solid milk auction. The yen touched its weakest level in almost a month before rebounding as risk sentiment soured.\nBitcoin paused for breath after plunging 17% on Monday to a low of around $43,000 before recovering. It was last at $46,552, down 0.7%.\nIn commodities, crude futures pushed higher, returning toward Asia’s best levels. WTI jumped 1.38% to $69.30 a barrel and Brent crude rose 1.14% to $72.50 per barrel, with prices supported by a slow restart to production in the Gulf of Mexico after Hurricane Ida hit the region. Base metals were mixed: LME copper underperforms, snapping through $9,300/MT to trade down as much as 1.5%.  Gold gained 0.17% to $1796.90 per ounce in line with the risk-averse mood and just below the psychologically key $1,800 level which it fell through in the previous session.\nLooking at the day ahead now, and data releases include US job openings and consumer credit for July, alongside Italian retail sales for July as well. From central banks, we’ll get the Bank of Canada’s latest rate decision, the Federal Reserve will be releasing their Beige Book, and speakers include the BoE’s Bailey, Broadbent, Ramsden and Tenreyro, and the Fed’s Williams and Kaplan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891368323,"gmtCreate":1628336464862,"gmtModify":1703505190462,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/891368323","repostId":"1157428986","repostType":4,"repost":{"id":"1157428986","pubTimestamp":1628296262,"share":"https://www.laohu8.com/m/news/1157428986?lang=&edition=full","pubTime":"2021-08-07 08:31","market":"us","language":"en","title":"US IPO Week Ahead: 2 banks test the waters amid annual summer slowdown","url":"https://stock-news.laohu8.com/highlight/detail?id=1157428986","media":"renaissancecap...","summary":"The IPO market is getting a breather as the August lull continues to set in, with just two banks sch","content":"<p>The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.</p>\n<p>Utah-based digital bank&nbsp;<b>FinWise Bancorp</b>(FINW) plans to raise $58 million at a $183 million market cap. FinWise Bank makes loans to and takes deposits from consumers and small businesses across the US. As of 3/31/21, FinWise Bancorp had total assets of $330 million, total loans of $245 million, total deposits of $189 million, and total shareholders’ equity of $52 million.</p>\n<p>Alabama bank&nbsp;<b>Southern States Bancshares</b>(SSBK) plans to raise $40 million at a $174 million market cap. Southern States Bank is a full service community bank, serving businesses and individuals through 15 branches across Alabama and Georgia. As of 3/31/21, Southern States had total assets of $1.5 billion, total loans of $1.1 billion, total deposits of $1.3 billion, and total shareholders’ equity of $145 million.</p>\n<p><img src=\"https://static.tigerbbs.com/8919c8c9b4257f3c84869f14fa89bcab\" tg-width=\"1414\" tg-height=\"356\" width=\"100%\" height=\"auto\"></p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: 2 banks test the waters amid annual summer slowdown</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: 2 banks test the waters amid annual summer slowdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-07 08:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.\nUtah-based digital bank FinWise Bancorp(FINW) plans to raise $58 million ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FINW":"Finwise Bancorp","SSBK":"Southern States Bancshares, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85076/US-IPO-Week-Ahead-2-banks-test-the-waters-amid-annual-summer-slowdown","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157428986","content_text":"The IPO market is getting a breather as the August lull continues to set in, with just two banks scheduled for the week ahead.\nUtah-based digital bank FinWise Bancorp(FINW) plans to raise $58 million at a $183 million market cap. FinWise Bank makes loans to and takes deposits from consumers and small businesses across the US. As of 3/31/21, FinWise Bancorp had total assets of $330 million, total loans of $245 million, total deposits of $189 million, and total shareholders’ equity of $52 million.\nAlabama bank Southern States Bancshares(SSBK) plans to raise $40 million at a $174 million market cap. Southern States Bank is a full service community bank, serving businesses and individuals through 15 branches across Alabama and Georgia. As of 3/31/21, Southern States had total assets of $1.5 billion, total loans of $1.1 billion, total deposits of $1.3 billion, and total shareholders’ equity of $145 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155321831,"gmtCreate":1625378187823,"gmtModify":1703741048507,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like pls ty&nbsp;","listText":"Like pls ty&nbsp;","text":"Like pls ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155321831","repostId":"1160702483","repostType":4,"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812290786,"gmtCreate":1630588900345,"gmtModify":1676530348460,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/812290786","repostId":"2164984716","repostType":4,"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811275873,"gmtCreate":1630330540692,"gmtModify":1676530270935,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Moon","listText":"Moon","text":"Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/811275873","repostId":"2163889073","repostType":4,"repost":{"id":"2163889073","pubTimestamp":1630329960,"share":"https://www.laohu8.com/m/news/2163889073?lang=&edition=full","pubTime":"2021-08-30 21:26","market":"us","language":"en","title":"Exploring the Mysteries of Palantir Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2163889073","media":"Motley Fool","summary":"Discussing Palantir's latest earnings report, and a few thoughts on recent news from Afghanistan.","content":"<p>In this episode of <i>Industry Focus: Energy</i>, host Nick Sciple is joined by Lou Whiteman to take a look at <b>Palantir Technologies</b> (NYSE:PLTR) earnings and its gold purchase. Plus, the two discuss the Afghanistan recent news and how it will impact the defense industry.</p>\n<p>To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.</p>\n<p><i>This video was recorded on Aug. 19, 2021.</i></p>\n<p><b>Nick Sciple:</b> Welcome to <i>Industry Focus,</i> I am Nick Sciple. This week, I'm excited to welcome Lou Whiteman back on the show to take a look at Palantir's recent earnings. Lou, how's it going?</p>\n<p><b>Lou Whiteman:</b> Going well, good to see you, Nick.</p>\n<p><b>Sciple:</b> Great to have you here back on the show. We've talked about Palantir here in the past, I think this is the first show we're doing focusing specifically on this company. I had John a couple of weeks ago, we talked about the entertainment that we can get from <b>Tesla </b>earnings calls. There are some back-end relationships between Palantir, whose chairman is Peter Thiel, and then the Tesla CEO and former chairman, Elon Musk. What did you make of this earnings call, man? Palantir is a unique company.</p>\n<p><b>Whiteman:</b> They are. You know what? They own that, which I respect. It was a fun earnings call they did for people who didn't listen in. They have people submit questions, there's no live back-and-forth with analysts. It's brilliant because it really gives them a chance to communicate as they wish, and maybe not what they wish, but it makes for a really fun call. Issues or questions as simple as what's Palantir, what does Palantir do, which was <a href=\"https://laohu8.com/S/AONE.U\">one</a> that you pulled out that I thought was great.</p>\n<p><b>Sciple:</b> Yeah. They take this out of the Tesla playbook, where they take submissions from investors online. At least for the first part of the call, I would say most of the call, the Q&amp;A portion is spent answering those questions, having the IRR executives read that out.</p>\n<p>One of the things that we struggled with here, Lou, is trying to figure out, what exactly does Palantir do? We had a whole episode where we talked about these highly classified businesses. Sometimes, everything is behind the wall. It's hard to figure out what's going on and what exactly the nature of these programs are.</p>\n<p>It seems like some analysts are having the same problem, because there was a question we got on the earnings call. It says, \"Are there plans for the company to increase its PR presence to increase awareness of its business model, which may lead to increased utilization of Palantir's various software platforms?\"</p>\n<p>We got an answer from the chief operating officer, Shyam Sankar. I don't think it was super satisfying for those who were trying to figure out what the business is all about. They say: \"I can't really tell you why some people don't know or understand what we do. I can tell you about the people who do know though. It's the special operator who chased down a car to give him a hug. It's the civil servants who work tirelessly to deliver vaccines in the U.S. and the U.K. It's the French government as they raced to prevent bombs from exploding on the eve of Macron's election. It's the German police who caught the suicide bombers in time, the supply chain operators of the World Food Program, tackling COVID, escalating impact of global property and hunger, the factory workers on the assembly lines from Toulouse to Detroit.\" That's an answer. It's not really an exact answer. What is your understanding of what Palantir does, and where they fit in other than being like sneaky spy software people?</p>\n<p><b>Whiteman:</b> The big picture is this is a data analytics company. They bring order to data, and they do it with AI. They do it with a human intelligence. Humans are better at sorting through data than machines, but they do it with the speed and just the total volume of a machine. It's that human-level intelligence at the volume of machines that allows them to do amazing things. Most notably, they've helped the Pentagon find Osama Bin Laden, helped figure out that Bernie Madoff wasn't on the up and up. It is a special sauce. It's AI that helps sort through mountains and mountains of data and find things that both a human on his or her own or a lesser AI is going to miss. That in a nutshell is what they do. But it's complicated.</p>\n<p><b>Sciple:</b> It's complicated. You describe their culture as an artist colony. Very pretty eccentric you would say. Maybe it fits the Peter Thiel ethos. He has his book, <i>Zero to One</i>, I think it's one of the best investing books out there. But it talks about how you have to be different to achieve something different. They are certainly being very different from other folks, certainly, in the government services industry, maybe other companies, in general. When we look at the numbers from the earnings report, what the company is giving us as far as performance of the business. What stood out to you from earnings?</p>\n<p><b>Whiteman:</b> This is starting on a very high level. It was a very good quarter this recent quarter. We should note, they only went public late last year. It's an 18-year-old company, but it's relatively new to the public markets. Anyway, they earned $0.04 per share on revenue of $375 million. That easily topped estimates on revenue, $353 million was the estimate. It was a penny ahead on analyst expectations. Revenue was up an eye-popping 49% year-over-year. Adjusted operating margin topped 30% for the third straight quarter.&nbsp; This is a good solid business. We'll talk about that later. But I think the heart of the question of what Palantir does, why don't analysts get it, is there is a market disconnect right now going on with the strength of the business versus the strength of the stock. It's hard to get by. But look, they are forecasting great things. They had a 3-to-1 book to bill ratio, which means they're bringing in almost three times the business they're billing out. Fantastic. They had 20 customers in the quarter. Many of those, to be honest, didn't view this a bit of an asterisk there, but that is growth, and commercial side growth as we'll talk about soon, is key to the bull case here. Most impressive, they don't really give guidance, but they said with confidence, 30% annual revenue growth for each of the next five years. We're talking about growing the business from just over $1 billion, analyzing run-rate to a $3.5-4 billion company in a matter of five years, 2026. As an investor, you got to like that. They are definitely going in the right direction.</p>\n<p><b>Sciple:</b> Big question for me, and you may or may not have deep thoughts on this Lou. But just why now? You mentioned this is a company that's been around for a number of years. They were involved in the Osama Bin Laden capture a number of years ago. This company has been around for a while. Now, we're seeing this incredible growth, forecasting lots of growth into the future. What is your perception of the quarter they've turned here, or why now?</p>\n<p><b>Whiteman:</b> This is perception because as we discussed from the top, this isn't a company that really likes to spell out all of its thoughts out to the markets. They only went public last year. That coincided with a real push on the commercial side. They've mostly been a government contractor. I think what we're seeing here is part of their evolution into, hopefully, a more diversified contractor serving both government and commercial customers, to justify a strong public listing. They've been around for 18 years and they are only now a $1 billion company, mostly in defense. That's going to trade at a different valuation than a company that can really attack the commercial market. We can get into that in a second as far as where they are in that. But I think that this, the PR push, the going public, the commercial, this is all about turning from a niche government contractor to a more-mainstream data analytics company.</p>\n<p><b>Sciple:</b> It's that leap, maybe if you think about it. There's a couple of examples of autonomy. We had the DARPA program that was about autonomous vehicles, and now you have lots of companies trying to launch that in a commercial sense. If you look at iRobot, that makes the robot vacuums, the early history of that company was they were a robotic minesweeper. Obviously, you don't want people to be going around, walking through the minefield tracking for mines. That was the early development of that technology. Maybe this is another example of technology developed in the test tube of the military that now you can open up the floodgates and unleash it out onto the commercial world. One thing you mentioned about, Lou, some of the growth in revenue we're seeing. I think they said there's only 1% of their growth and revenue. But a huge chunk of their total contract volume is coming from these smaller companies, they call them \"Day Zero\" companies, that they are investing in. What can you tell us about what they're doing here? Obviously, there's some risk.</p>\n<p><b>Whiteman:</b> They are investing partially through the SPACs. They are investing in companies that they see promise in, and they are also finding customers that way. You can't do it forever, but it's hard to knock the strategy. Let's talk about it a little because I think this gets back to that initial, what is Palantir, and the question was, why don't analysts get it? Which is an interesting thing to say. This is a company, as we said, most of their history has been on the defense side. Right now, it's almost a $50 billion market cap on a $1 billion run rate of sales, so a quite rich price-to-sales on today. Even if you go forward with that 30% growth over five years, we're still talking about 12 to 15 times projected 2026 sales. Honestly, defense contractors mostly are less than two times sales. It's just out of this world for defense. This is part of this process where they need to become a commercial company. While they're making progress here, and like the Day Zero companies, they are being innovative in how they're going to do it. There was nothing in this quarter to suggest that the profile of this company is going to change anytime soon. Government with 61% of total revenue in the quarter, and it is growing faster. Government grew by about 66%, commercial grew about 28%.</p>\n<p>By comparison, it's hard to get a perfect comparison, but <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b>, which is a commercial company, similar size revenue, grew revenue by 110%. It is not growing as fast as Snowflake on the commercial side. If the government is a bigger part of the pie, and it's the side that's growing faster, it is really hard quickly to transition yourself into a commercial vendor. I think a lot of the angst in that question was, why don't analysts get the commercial? I think that's the better answer to that question right now, is that commercial is still the area of promise, but not the area that is the bulk of the business. These Day Zero companies initiatives like that, they've partnered with <b><a href=\"https://laohu8.com/S/IBM\">IBM</a> </b>to try and sell the software, which will cut margins which should hopefully help with growth. These are ways where they are trying to transform themselves into a more commercial minded company that arguably could justify a higher valuation long term.</p>\n<p><b>Sciple:</b> They talked about hiring a significant number of sales staff. Obviously, going out to sell to a different, more varied group of customers. I will say, for any company, we're having a venture capital arm of our business that's spinning up customers for us. I will say though, it makes you feel a little bit better when you have Peter Thiel, one of the best venture capitalists ever, as the chairman of the board. If there's anybody that's going to pick winners and have a pretty high hit rate there, I think he's one of them. We'll have to see.</p>\n<p><b>Whiteman:</b> They have the cash. I don't think there is a downside, but I also don't think that&nbsp; this solves there. It looked really good on the customer acquisition numbers. It's not going to drive revenue and really transform the business, just the nature of these customers.</p>\n<p><b>Sciple:</b> Yeah. Really questions about how quickly they can continue to grow this commercial side, how these bets on smaller companies work out. You mentioned the cash pile, Lou, and that's the other thing that's grabbing headlines here is how they're spending that cash pile. The company purchased $50 million in 100-ounce gold bars, they said in their Aug. 12 earnings statement. They said the purchase will be kept in a secure third-party facility located in the Northeastern United States and the company will be able to take possession of the gold bars at any time with reasonable notice. They've talked about this being insurance against a black swan event. Palantir is the eye in the sky that's helping support the operations of people like the CIA and the NSA. What do you make of this group in particular, buying $50 million in gold bars?</p>\n<p><b>Whiteman:</b> That is certainly the headline, this so-called Skynet, the company that has the AI capable of predicting the future, is buying gold. You know, that's something. I don't know what to make of it. I think it's a great way to get publicity. I can't imagine a lot of at least the U.S. government or large corporate customers saying we want to pay in gold. It feels more like a publicity thing, maybe a foreign government sales, it may come in handy. But yeah, it definitely catches the eye, maybe they know something we don't. But I have a hard time changing my view of the business based on the fact that they bought gold. It's just a really fun thing to watch to see exactly what they have planned.</p>\n<p><b>Sciple:</b> Yeah. For me, it's a couple of things. For me, partially, it's a $50 million marketing expense line item, you can think of it that way because me and you are talking about it, CNBC is talking about it, they're writing it up on Bloomberg, all these other places. I don't know if you could get that level of coverage across the world in the financial media with just a $50 million ad buy. You certainly have an asset left on the back end here with the gold purchase that you wouldn't have had if you just went in and spent it on ads, there's that. Do you think it's realistic, because they talked about customers having the ability to pay with cryptocurrency but nobody has paid, they are encouraging customers to pay with gold. But the people who had realistically wanted to have untraceable payments are the people that Palantir had said they will not service. There's potentially hostile groups and groups that would want to cover up their operations. I don't think that the U.S. Government wants to cover up that they are a customer of Palantir.</p>\n<p><b>Whiteman:</b> No. I mean, hopefully not. There was a high-profile customer we won't name who was a customer, but it turned out that they we're using the software to spy on employees and not make better lending decisions. But that was a few years ago in the past. Yeah, no, I mean, it's funny not to be too tongue-in-cheek, but it's hard to imagine a big customer actually piling gold into a truck and driving at the Palantir headquarters, so probably what you would have is some paper that represents an amount of gold, which used to be the U.S. dollar, so maybe they're just trying to get us back to the gold standard. But I tend to think you're right, that's $50 million of publicity that they also have an asset in the bank on. We'll see what else they do with that. I'd be surprised if it's much.</p>\n<p><b>Sciple:</b> Yeah, I choose to take the publicity angle on this because if you take that they're predicting World War III angle here, I don't want to predict that future, so I'm going to choose the publicity angle. Lou, you mentioned earlier, when you look at Palantir, they're tough to put a thumb on, and in some perspectives, you want to going to put it in the bucket of government services contractors, and others you want to put it in this bucket with your <b>Amazon</b>s, and your Snowflakes, and your <b>Microsoft </b>as this transformational Cloud software business. About a year ago, we did a defense stocks basket, which was some of these traditional companies. When you look at how Palantir has traded compared to some of those other companies, what are your thoughts on where Palantir fits in the bucket and there's different strategies for investors to get into these trends?</p>\n<p><b>Whiteman:</b> Not to dump the question, but this is really hard because I think business is fantastic. There is, in my mind, though, a disconnect between the business and the stock. It's hard to know how long that goes on or how quickly they grow out of it. One thing I do believe is that if they cannot get the commercial up and running the way they hope to, the valuation is not sustainable over time. Governments have cost-plus contracts. There is only so much business. If you talked to Pentagon people about Palantir, they both loved the company, they love the software when it's needed. But that when it is needed is important because it is expensive, it is cumbersome, it is a huge install, and frankly, it's best used not universally but when it's needed. I do think there are limits on the government's side, and I think the commercial side, they couldn't run into some of those same things.</p>\n<p>Last December, I actually put together a separate basket that was instead of Palantir, to buy these three defense IT firms. I was thinking five years, for the record, so far, I have not been right. My basket has losing to Palantir for less than 1% on average. If you throw in dividends, total return, I think I'm up, but whatever, we're very early in a five-year process. But the thing that struck me when I was looking at that this morning is just that Palantir, for all of its volatility, has basically gone nowhere in a long time. Now, it has been so long, it's been at various points in time this year, it's been up 60% for the year. It was down as much as 25%, wild swings. But for the year, it is actually losing to the<b> S&amp;P 500</b> by almost 9 percentage points. Basically, if you take out all that noise, it's a flat line. I wonder, this company, these products, they're too good for it just to fall off a cliff. It's hard to imagine the catalyst where it just crashes, it's done. But it's also hard to see that catalyst to get a jump higher. I think one or two things are going to happen. Either they're going to surprise me with the way they can grow the commercial, and I think honestly, probably surprise themselves because I think it's going to be much more than that 30% if they really see the stock take off, or this could just be a flat stock for a while while it slowly grows into its valuation.</p>\n<p>Looking at what it's done last year, I think the good news is that's not the worst downside. Really, it's hard to imagine this company just ceasing to exist. But I do question whether it can be a market-leading investment given its current valuation and the growth that's baked in, and the challenges that might find growth quickly. It really surprised me, its performance versus the S&amp;P 500 for the year. I wonder if that isn't telling of what we have, maybe not for the long, long term, but for the next few years, and the foreseeable future.</p>\n<p><b>Sciple:</b> Right. Certainly, some execution to live up to that valuation. Lou, you mentioned that basket. Just for completion's sake, what were the companies that were on that list of the three IT services firms?</p>\n<p><b>Whiteman:</b> It was <b>Booz Allen Hamilton</b>, BAH, which to be honest, has been the real clunker for me, and then I believe it was <b>SAIC</b>, and <b>Leidos Holdings</b>, LDOS.</p>\n<p><b>Sciple:</b> Excellent. We've talked about those in the past so I'll try to drop some links to episodes where we've talked about some of those companies. Any last thoughts on Palantir before we move on our next topic?</p>\n<p><b>Whiteman:</b> Again, I think just back to that original thing, why don't analysts understand? I think it's an open debate whether or not analysts understand it better than retail or if retail understands it better than analysts, because a lot of defense people like me are looking at it through that spectrum. We could be wrong and we could be missing it, but I think as an individual investor, you should at least be mindful that that could be what they are, too. As I said, the stock could readjust overtime.</p>\n<p><b>Sciple:</b> Is it <i>Rule Breaker</i> or is it a faker, we're going to find out sometime in these next quarters and years. The big thing we're going to be watching is how quickly they can grow that commercial business and sustain that growth overtime. We've talked about defense a lot today, Lou, in the context of Palantir. Maybe zooming out a little bit, the headline story everywhere is what's going on in Afghanistan, a really tragic scene. When you put what's going on there in the context of what it means for defense more broadly, do you have any high-level thoughts or context to give us?</p>\n<p><b>Whiteman:</b> Yeah, as you say, it's so hard to watch, it's hard to really make it into a stock story, but these are stocks and they move on, I do think for big defense, it is mostly a distraction right now, I mean, it could be a distraction that causes some disruption. I'm pretty sure we're going to see hearings, I think it's going to distract Congress so we could see delays on the budget, that's less clarity than we hope. There could be some resignations, there could be some shuffling in the budget because of it, so I don't think the big picture really alters on this, but I do think it could cause choppiness up ahead. Part of leaving Afghanistan as part of a broader trend toward a shift and focus toward what causes great power competition, that's mostly China and Russia. In the worst-case scenario, I guess with Afghanistan, we're kind of sucked back in, and maybe that means more near-term spending on munitions versus great power R&amp;D, which the companies would definitely prefer. The R&amp;D, it's higher margin, more turnaround, but it's hard to imagine a world where we stopped focusing on Russia and China, and so I do think the R&amp;D would be sustained. If anything, there was about $9 billion in the fiscal 2020 Pentagon budget to support the Afghan Army. That's presumably off the table, that does give some wiggle. That's not enough really to shift views on any one stock, but there is some wiggle room now. I think, long term, the thesis prior to this when all these companies remains the same, but it's certainly doesn't help clarity as far as when things get done and what the budget in the next year or two looks like.</p>\n<p><b>Sciple:</b> Yeah, it's an interesting history that rhymes a little bit, there was the Vietnam evacuation that was centered around Russia and some of the things going on there, and now we have this great power focus. Whenever I hear great power, I just translate that to Cold War in my brain, that's essentially the 21st century version of that, that's where we're headed.</p>\n<p><b>Whiteman:</b> I think we are and unfortunately, it's probably bullish for defense stocks over time because that does involve alot of again, this&nbsp; R&amp;D spending on advanced stuff. It's a very different profile than fighting insurgence, the low level war, but until the world gets safer.</p>\n<p><b>Sciple:</b> Hopefully, that can happen, Lou, any last thoughts here on the defense universe before we send us all home?</p>\n<p><b>Whiteman:</b> It's been a weird couple of years. We had the election last year and concerns about that, that I think we're overblown and now fresh chaos. This remains for me a sector that if you are very long-term and especially if you want dividends because you have a lot of approaching 3% dividend yields. I think it's still a safe place to go, but it is a long-term investment and you do, and there's tons of noise you have to block out, bullish and bearish.</p>\n<p><b>Sciple:</b> Lou, always love having you on the show, can't wait to have you back on again soon.</p>\n<p><b>Whiteman:</b> Pleasure to be here, Nick.</p>\n<p><b>Sciple:</b> As always, people on the program may own companies discussed on the show and The Motley Fool may have formal recommendations for or against the stocks discussed, so don't buy or sell anything based on what you hear. Thanks to Tim Sparks for mixing the show. For Lou Whiteman, I'm Nick Sciple, thanks for listening and Fool on.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Exploring the Mysteries of Palantir Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExploring the Mysteries of Palantir Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 21:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/30/exploring-the-mysteries-of-palantir-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In this episode of Industry Focus: Energy, host Nick Sciple is joined by Lou Whiteman to take a look at Palantir Technologies (NYSE:PLTR) earnings and its gold purchase. Plus, the two discuss the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/30/exploring-the-mysteries-of-palantir-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2021/08/30/exploring-the-mysteries-of-palantir-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163889073","content_text":"In this episode of Industry Focus: Energy, host Nick Sciple is joined by Lou Whiteman to take a look at Palantir Technologies (NYSE:PLTR) earnings and its gold purchase. Plus, the two discuss the Afghanistan recent news and how it will impact the defense industry.\nTo catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.\nThis video was recorded on Aug. 19, 2021.\nNick Sciple: Welcome to Industry Focus, I am Nick Sciple. This week, I'm excited to welcome Lou Whiteman back on the show to take a look at Palantir's recent earnings. Lou, how's it going?\nLou Whiteman: Going well, good to see you, Nick.\nSciple: Great to have you here back on the show. We've talked about Palantir here in the past, I think this is the first show we're doing focusing specifically on this company. I had John a couple of weeks ago, we talked about the entertainment that we can get from Tesla earnings calls. There are some back-end relationships between Palantir, whose chairman is Peter Thiel, and then the Tesla CEO and former chairman, Elon Musk. What did you make of this earnings call, man? Palantir is a unique company.\nWhiteman: They are. You know what? They own that, which I respect. It was a fun earnings call they did for people who didn't listen in. They have people submit questions, there's no live back-and-forth with analysts. It's brilliant because it really gives them a chance to communicate as they wish, and maybe not what they wish, but it makes for a really fun call. Issues or questions as simple as what's Palantir, what does Palantir do, which was one that you pulled out that I thought was great.\nSciple: Yeah. They take this out of the Tesla playbook, where they take submissions from investors online. At least for the first part of the call, I would say most of the call, the Q&A portion is spent answering those questions, having the IRR executives read that out.\nOne of the things that we struggled with here, Lou, is trying to figure out, what exactly does Palantir do? We had a whole episode where we talked about these highly classified businesses. Sometimes, everything is behind the wall. It's hard to figure out what's going on and what exactly the nature of these programs are.\nIt seems like some analysts are having the same problem, because there was a question we got on the earnings call. It says, \"Are there plans for the company to increase its PR presence to increase awareness of its business model, which may lead to increased utilization of Palantir's various software platforms?\"\nWe got an answer from the chief operating officer, Shyam Sankar. I don't think it was super satisfying for those who were trying to figure out what the business is all about. They say: \"I can't really tell you why some people don't know or understand what we do. I can tell you about the people who do know though. It's the special operator who chased down a car to give him a hug. It's the civil servants who work tirelessly to deliver vaccines in the U.S. and the U.K. It's the French government as they raced to prevent bombs from exploding on the eve of Macron's election. It's the German police who caught the suicide bombers in time, the supply chain operators of the World Food Program, tackling COVID, escalating impact of global property and hunger, the factory workers on the assembly lines from Toulouse to Detroit.\" That's an answer. It's not really an exact answer. What is your understanding of what Palantir does, and where they fit in other than being like sneaky spy software people?\nWhiteman: The big picture is this is a data analytics company. They bring order to data, and they do it with AI. They do it with a human intelligence. Humans are better at sorting through data than machines, but they do it with the speed and just the total volume of a machine. It's that human-level intelligence at the volume of machines that allows them to do amazing things. Most notably, they've helped the Pentagon find Osama Bin Laden, helped figure out that Bernie Madoff wasn't on the up and up. It is a special sauce. It's AI that helps sort through mountains and mountains of data and find things that both a human on his or her own or a lesser AI is going to miss. That in a nutshell is what they do. But it's complicated.\nSciple: It's complicated. You describe their culture as an artist colony. Very pretty eccentric you would say. Maybe it fits the Peter Thiel ethos. He has his book, Zero to One, I think it's one of the best investing books out there. But it talks about how you have to be different to achieve something different. They are certainly being very different from other folks, certainly, in the government services industry, maybe other companies, in general. When we look at the numbers from the earnings report, what the company is giving us as far as performance of the business. What stood out to you from earnings?\nWhiteman: This is starting on a very high level. It was a very good quarter this recent quarter. We should note, they only went public late last year. It's an 18-year-old company, but it's relatively new to the public markets. Anyway, they earned $0.04 per share on revenue of $375 million. That easily topped estimates on revenue, $353 million was the estimate. It was a penny ahead on analyst expectations. Revenue was up an eye-popping 49% year-over-year. Adjusted operating margin topped 30% for the third straight quarter.  This is a good solid business. We'll talk about that later. But I think the heart of the question of what Palantir does, why don't analysts get it, is there is a market disconnect right now going on with the strength of the business versus the strength of the stock. It's hard to get by. But look, they are forecasting great things. They had a 3-to-1 book to bill ratio, which means they're bringing in almost three times the business they're billing out. Fantastic. They had 20 customers in the quarter. Many of those, to be honest, didn't view this a bit of an asterisk there, but that is growth, and commercial side growth as we'll talk about soon, is key to the bull case here. Most impressive, they don't really give guidance, but they said with confidence, 30% annual revenue growth for each of the next five years. We're talking about growing the business from just over $1 billion, analyzing run-rate to a $3.5-4 billion company in a matter of five years, 2026. As an investor, you got to like that. They are definitely going in the right direction.\nSciple: Big question for me, and you may or may not have deep thoughts on this Lou. But just why now? You mentioned this is a company that's been around for a number of years. They were involved in the Osama Bin Laden capture a number of years ago. This company has been around for a while. Now, we're seeing this incredible growth, forecasting lots of growth into the future. What is your perception of the quarter they've turned here, or why now?\nWhiteman: This is perception because as we discussed from the top, this isn't a company that really likes to spell out all of its thoughts out to the markets. They only went public last year. That coincided with a real push on the commercial side. They've mostly been a government contractor. I think what we're seeing here is part of their evolution into, hopefully, a more diversified contractor serving both government and commercial customers, to justify a strong public listing. They've been around for 18 years and they are only now a $1 billion company, mostly in defense. That's going to trade at a different valuation than a company that can really attack the commercial market. We can get into that in a second as far as where they are in that. But I think that this, the PR push, the going public, the commercial, this is all about turning from a niche government contractor to a more-mainstream data analytics company.\nSciple: It's that leap, maybe if you think about it. There's a couple of examples of autonomy. We had the DARPA program that was about autonomous vehicles, and now you have lots of companies trying to launch that in a commercial sense. If you look at iRobot, that makes the robot vacuums, the early history of that company was they were a robotic minesweeper. Obviously, you don't want people to be going around, walking through the minefield tracking for mines. That was the early development of that technology. Maybe this is another example of technology developed in the test tube of the military that now you can open up the floodgates and unleash it out onto the commercial world. One thing you mentioned about, Lou, some of the growth in revenue we're seeing. I think they said there's only 1% of their growth and revenue. But a huge chunk of their total contract volume is coming from these smaller companies, they call them \"Day Zero\" companies, that they are investing in. What can you tell us about what they're doing here? Obviously, there's some risk.\nWhiteman: They are investing partially through the SPACs. They are investing in companies that they see promise in, and they are also finding customers that way. You can't do it forever, but it's hard to knock the strategy. Let's talk about it a little because I think this gets back to that initial, what is Palantir, and the question was, why don't analysts get it? Which is an interesting thing to say. This is a company, as we said, most of their history has been on the defense side. Right now, it's almost a $50 billion market cap on a $1 billion run rate of sales, so a quite rich price-to-sales on today. Even if you go forward with that 30% growth over five years, we're still talking about 12 to 15 times projected 2026 sales. Honestly, defense contractors mostly are less than two times sales. It's just out of this world for defense. This is part of this process where they need to become a commercial company. While they're making progress here, and like the Day Zero companies, they are being innovative in how they're going to do it. There was nothing in this quarter to suggest that the profile of this company is going to change anytime soon. Government with 61% of total revenue in the quarter, and it is growing faster. Government grew by about 66%, commercial grew about 28%.\nBy comparison, it's hard to get a perfect comparison, but Snowflake, which is a commercial company, similar size revenue, grew revenue by 110%. It is not growing as fast as Snowflake on the commercial side. If the government is a bigger part of the pie, and it's the side that's growing faster, it is really hard quickly to transition yourself into a commercial vendor. I think a lot of the angst in that question was, why don't analysts get the commercial? I think that's the better answer to that question right now, is that commercial is still the area of promise, but not the area that is the bulk of the business. These Day Zero companies initiatives like that, they've partnered with IBM to try and sell the software, which will cut margins which should hopefully help with growth. These are ways where they are trying to transform themselves into a more commercial minded company that arguably could justify a higher valuation long term.\nSciple: They talked about hiring a significant number of sales staff. Obviously, going out to sell to a different, more varied group of customers. I will say, for any company, we're having a venture capital arm of our business that's spinning up customers for us. I will say though, it makes you feel a little bit better when you have Peter Thiel, one of the best venture capitalists ever, as the chairman of the board. If there's anybody that's going to pick winners and have a pretty high hit rate there, I think he's one of them. We'll have to see.\nWhiteman: They have the cash. I don't think there is a downside, but I also don't think that  this solves there. It looked really good on the customer acquisition numbers. It's not going to drive revenue and really transform the business, just the nature of these customers.\nSciple: Yeah. Really questions about how quickly they can continue to grow this commercial side, how these bets on smaller companies work out. You mentioned the cash pile, Lou, and that's the other thing that's grabbing headlines here is how they're spending that cash pile. The company purchased $50 million in 100-ounce gold bars, they said in their Aug. 12 earnings statement. They said the purchase will be kept in a secure third-party facility located in the Northeastern United States and the company will be able to take possession of the gold bars at any time with reasonable notice. They've talked about this being insurance against a black swan event. Palantir is the eye in the sky that's helping support the operations of people like the CIA and the NSA. What do you make of this group in particular, buying $50 million in gold bars?\nWhiteman: That is certainly the headline, this so-called Skynet, the company that has the AI capable of predicting the future, is buying gold. You know, that's something. I don't know what to make of it. I think it's a great way to get publicity. I can't imagine a lot of at least the U.S. government or large corporate customers saying we want to pay in gold. It feels more like a publicity thing, maybe a foreign government sales, it may come in handy. But yeah, it definitely catches the eye, maybe they know something we don't. But I have a hard time changing my view of the business based on the fact that they bought gold. It's just a really fun thing to watch to see exactly what they have planned.\nSciple: Yeah. For me, it's a couple of things. For me, partially, it's a $50 million marketing expense line item, you can think of it that way because me and you are talking about it, CNBC is talking about it, they're writing it up on Bloomberg, all these other places. I don't know if you could get that level of coverage across the world in the financial media with just a $50 million ad buy. You certainly have an asset left on the back end here with the gold purchase that you wouldn't have had if you just went in and spent it on ads, there's that. Do you think it's realistic, because they talked about customers having the ability to pay with cryptocurrency but nobody has paid, they are encouraging customers to pay with gold. But the people who had realistically wanted to have untraceable payments are the people that Palantir had said they will not service. There's potentially hostile groups and groups that would want to cover up their operations. I don't think that the U.S. Government wants to cover up that they are a customer of Palantir.\nWhiteman: No. I mean, hopefully not. There was a high-profile customer we won't name who was a customer, but it turned out that they we're using the software to spy on employees and not make better lending decisions. But that was a few years ago in the past. Yeah, no, I mean, it's funny not to be too tongue-in-cheek, but it's hard to imagine a big customer actually piling gold into a truck and driving at the Palantir headquarters, so probably what you would have is some paper that represents an amount of gold, which used to be the U.S. dollar, so maybe they're just trying to get us back to the gold standard. But I tend to think you're right, that's $50 million of publicity that they also have an asset in the bank on. We'll see what else they do with that. I'd be surprised if it's much.\nSciple: Yeah, I choose to take the publicity angle on this because if you take that they're predicting World War III angle here, I don't want to predict that future, so I'm going to choose the publicity angle. Lou, you mentioned earlier, when you look at Palantir, they're tough to put a thumb on, and in some perspectives, you want to going to put it in the bucket of government services contractors, and others you want to put it in this bucket with your Amazons, and your Snowflakes, and your Microsoft as this transformational Cloud software business. About a year ago, we did a defense stocks basket, which was some of these traditional companies. When you look at how Palantir has traded compared to some of those other companies, what are your thoughts on where Palantir fits in the bucket and there's different strategies for investors to get into these trends?\nWhiteman: Not to dump the question, but this is really hard because I think business is fantastic. There is, in my mind, though, a disconnect between the business and the stock. It's hard to know how long that goes on or how quickly they grow out of it. One thing I do believe is that if they cannot get the commercial up and running the way they hope to, the valuation is not sustainable over time. Governments have cost-plus contracts. There is only so much business. If you talked to Pentagon people about Palantir, they both loved the company, they love the software when it's needed. But that when it is needed is important because it is expensive, it is cumbersome, it is a huge install, and frankly, it's best used not universally but when it's needed. I do think there are limits on the government's side, and I think the commercial side, they couldn't run into some of those same things.\nLast December, I actually put together a separate basket that was instead of Palantir, to buy these three defense IT firms. I was thinking five years, for the record, so far, I have not been right. My basket has losing to Palantir for less than 1% on average. If you throw in dividends, total return, I think I'm up, but whatever, we're very early in a five-year process. But the thing that struck me when I was looking at that this morning is just that Palantir, for all of its volatility, has basically gone nowhere in a long time. Now, it has been so long, it's been at various points in time this year, it's been up 60% for the year. It was down as much as 25%, wild swings. But for the year, it is actually losing to the S&P 500 by almost 9 percentage points. Basically, if you take out all that noise, it's a flat line. I wonder, this company, these products, they're too good for it just to fall off a cliff. It's hard to imagine the catalyst where it just crashes, it's done. But it's also hard to see that catalyst to get a jump higher. I think one or two things are going to happen. Either they're going to surprise me with the way they can grow the commercial, and I think honestly, probably surprise themselves because I think it's going to be much more than that 30% if they really see the stock take off, or this could just be a flat stock for a while while it slowly grows into its valuation.\nLooking at what it's done last year, I think the good news is that's not the worst downside. Really, it's hard to imagine this company just ceasing to exist. But I do question whether it can be a market-leading investment given its current valuation and the growth that's baked in, and the challenges that might find growth quickly. It really surprised me, its performance versus the S&P 500 for the year. I wonder if that isn't telling of what we have, maybe not for the long, long term, but for the next few years, and the foreseeable future.\nSciple: Right. Certainly, some execution to live up to that valuation. Lou, you mentioned that basket. Just for completion's sake, what were the companies that were on that list of the three IT services firms?\nWhiteman: It was Booz Allen Hamilton, BAH, which to be honest, has been the real clunker for me, and then I believe it was SAIC, and Leidos Holdings, LDOS.\nSciple: Excellent. We've talked about those in the past so I'll try to drop some links to episodes where we've talked about some of those companies. Any last thoughts on Palantir before we move on our next topic?\nWhiteman: Again, I think just back to that original thing, why don't analysts understand? I think it's an open debate whether or not analysts understand it better than retail or if retail understands it better than analysts, because a lot of defense people like me are looking at it through that spectrum. We could be wrong and we could be missing it, but I think as an individual investor, you should at least be mindful that that could be what they are, too. As I said, the stock could readjust overtime.\nSciple: Is it Rule Breaker or is it a faker, we're going to find out sometime in these next quarters and years. The big thing we're going to be watching is how quickly they can grow that commercial business and sustain that growth overtime. We've talked about defense a lot today, Lou, in the context of Palantir. Maybe zooming out a little bit, the headline story everywhere is what's going on in Afghanistan, a really tragic scene. When you put what's going on there in the context of what it means for defense more broadly, do you have any high-level thoughts or context to give us?\nWhiteman: Yeah, as you say, it's so hard to watch, it's hard to really make it into a stock story, but these are stocks and they move on, I do think for big defense, it is mostly a distraction right now, I mean, it could be a distraction that causes some disruption. I'm pretty sure we're going to see hearings, I think it's going to distract Congress so we could see delays on the budget, that's less clarity than we hope. There could be some resignations, there could be some shuffling in the budget because of it, so I don't think the big picture really alters on this, but I do think it could cause choppiness up ahead. Part of leaving Afghanistan as part of a broader trend toward a shift and focus toward what causes great power competition, that's mostly China and Russia. In the worst-case scenario, I guess with Afghanistan, we're kind of sucked back in, and maybe that means more near-term spending on munitions versus great power R&D, which the companies would definitely prefer. The R&D, it's higher margin, more turnaround, but it's hard to imagine a world where we stopped focusing on Russia and China, and so I do think the R&D would be sustained. If anything, there was about $9 billion in the fiscal 2020 Pentagon budget to support the Afghan Army. That's presumably off the table, that does give some wiggle. That's not enough really to shift views on any one stock, but there is some wiggle room now. I think, long term, the thesis prior to this when all these companies remains the same, but it's certainly doesn't help clarity as far as when things get done and what the budget in the next year or two looks like.\nSciple: Yeah, it's an interesting history that rhymes a little bit, there was the Vietnam evacuation that was centered around Russia and some of the things going on there, and now we have this great power focus. Whenever I hear great power, I just translate that to Cold War in my brain, that's essentially the 21st century version of that, that's where we're headed.\nWhiteman: I think we are and unfortunately, it's probably bullish for defense stocks over time because that does involve alot of again, this  R&D spending on advanced stuff. It's a very different profile than fighting insurgence, the low level war, but until the world gets safer.\nSciple: Hopefully, that can happen, Lou, any last thoughts here on the defense universe before we send us all home?\nWhiteman: It's been a weird couple of years. We had the election last year and concerns about that, that I think we're overblown and now fresh chaos. This remains for me a sector that if you are very long-term and especially if you want dividends because you have a lot of approaching 3% dividend yields. I think it's still a safe place to go, but it is a long-term investment and you do, and there's tons of noise you have to block out, bullish and bearish.\nSciple: Lou, always love having you on the show, can't wait to have you back on again soon.\nWhiteman: Pleasure to be here, Nick.\nSciple: As always, people on the program may own companies discussed on the show and The Motley Fool may have formal recommendations for or against the stocks discussed, so don't buy or sell anything based on what you hear. Thanks to Tim Sparks for mixing the show. For Lou Whiteman, I'm Nick Sciple, thanks for listening and Fool on.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838335927,"gmtCreate":1629372876669,"gmtModify":1676530019021,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/838335927","repostId":"1174644026","repostType":4,"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148517045,"gmtCreate":1625987616087,"gmtModify":1703751700616,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/148517045","repostId":"1112201050","repostType":4,"repost":{"id":"1112201050","pubTimestamp":1625966101,"share":"https://www.laohu8.com/m/news/1112201050?lang=&edition=full","pubTime":"2021-07-11 09:15","market":"us","language":"en","title":"The Meme Stock Trade Is Far From Over. What Investors Need to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1112201050","media":"Barrons","summary":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the de","content":"<p>It seemed to be only a matter of time.</p>\n<p>When GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?</p>\n<p>It has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like&nbsp;Clover Health Investments(CLOV) and&nbsp;Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.</p>\n<p>The collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.</p>\n<p>That is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.</p>\n<p>While trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in&nbsp;AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than&nbsp;Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.</p>\n<p>Even as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.</p>\n<p>A sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.</p>\n<p><img src=\"https://static.tigerbbs.com/25a79e71371c165f9a3a5085931fc487\" tg-width=\"979\" tg-height=\"649\"></p>\n<p>“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to&nbsp;Barron’s.</p>\n<p>The meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.</p>\n<p>Meme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent&nbsp;Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/167386c6881a258922ad62caaf7a05f4\" tg-width=\"971\" tg-height=\"644\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8e29e3041b91070252ab9063d1a11fa2\" tg-width=\"975\" tg-height=\"642\"><img src=\"https://static.tigerbbs.com/f9cc1c0bd6368721c0eca87e25719f16\" tg-width=\"964\" tg-height=\"641\"></p>\n<p>The most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.</p>\n<p>Under pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.</p>\n<p>These new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”</p>\n<p>To be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.</p>\n<p>But ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.</p>\n<p>“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.</p>\n<p>“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.</p>\n<p>Sosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.</p>\n<p>Indeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.</p>\n<p>But Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.</p>\n<p><img src=\"https://static.tigerbbs.com/710e642d3b685b74f8c9dcaf46ef3e0b\" tg-width=\"968\" tg-height=\"643\"></p>\n<p>“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”</p>\n<p>The swings you get can definitely make you feel some sort of way.</p>\n<p>— Matt Kohrs, 26, who streams stock analysis daily on YouTube</p>\n<p>It is now changing the lives of those who got in early and are still riding the names higher.</p>\n<p>Take Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming&nbsp;stock analysis on YouTube&nbsp;for seven hours a day.</p>\n<p>With 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.</p>\n<p>“The swings you get can definitely make you feel some sort of way,” he says.</p>\n<p>Companies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.</p>\n<p>AMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.</p>\n<p>Forget the boardroom. Corporate policy is now being determined in the chat room.</p>\n<p>Big investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.</p>\n<p>In the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.</p>\n<p>There can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.</p>\n<p>For now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.</p>\n<p>For retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.</p>\n<p>New investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.</p>\n<p>“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”</p>\n<p>Claire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”</p>\n<p>Just like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.</p>\n<p>The new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.</p>\n<p>The group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75d79c78a14cc8f297e17397cc54bdb5\" tg-width=\"1260\" tg-height=\"840\"><span>Keith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.</span></p>\n<p>Many short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.</p>\n<p>As the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”</p>\n<p>To beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath &amp; Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.</p>\n<p>Distrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.</p>\n<p>Travis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.</p>\n<p>“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from&nbsp;Barron’s&nbsp;for comment.</p>\n<p>“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.</p>\n<p>The Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.</p>\n<p>Regulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”</p>\n<p>Traditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.</p>\n<p>In one form or another, this is the future client base of Wall Street.</p>\n<p>Arizona State University professor Hendrik Bessembinder published groundbreaking&nbsp;research&nbsp;in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.</p>\n<p>Even so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Meme Stock Trade Is Far From Over. 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What Investors Need to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 09:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","WKHS":"Workhorse Group, Inc.","BBBY":"3B家居","NEGG":"Newegg Comm Inc.","CARV":"卡弗储蓄","MRIN":"Marin Software Inc.","BB":"黑莓","SCHW":"嘉信理财","CLOV":"Clover Health Corp","AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112201050","content_text":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?\nIt has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like Clover Health Investments(CLOV) and Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.\nThe collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.\nThat is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.\nWhile trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.\nEven as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.\nA sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.\n\n“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to Barron’s.\nThe meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.\nMeme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.\n\nThe most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.\nUnder pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.\nThese new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”\nTo be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.\nBut ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.\n“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.\n“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.\nSosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.\nIndeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.\nBut Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.\n\n“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”\nThe swings you get can definitely make you feel some sort of way.\n— Matt Kohrs, 26, who streams stock analysis daily on YouTube\nIt is now changing the lives of those who got in early and are still riding the names higher.\nTake Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming stock analysis on YouTube for seven hours a day.\nWith 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.\n“The swings you get can definitely make you feel some sort of way,” he says.\nCompanies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.\nAMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.\nForget the boardroom. Corporate policy is now being determined in the chat room.\nBig investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.\nIn the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.\nThere can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.\nFor now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.\nFor retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.\nNew investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.\n“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”\nClaire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”\nJust like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.\nThe new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.\nThe group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.\nKeith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.\nMany short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.\nAs the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”\nTo beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath & Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.\nDistrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.\nTravis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.\n“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from Barron’s for comment.\n“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.\nThe Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.\nRegulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”\nTraditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.\nIn one form or another, this is the future client base of Wall Street.\nArizona State University professor Hendrik Bessembinder published groundbreaking research in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.\nEven so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837730501,"gmtCreate":1629916715103,"gmtModify":1676530171417,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837730501","repostId":"2162087564","repostType":4,"repost":{"id":"2162087564","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":1629836173,"share":"https://www.laohu8.com/m/news/2162087564?lang=&edition=full","pubTime":"2021-08-25 04:16","market":"us","language":"en","title":"Wall St extends rally, pushing S&P 500 to 50th all-time high close this year","url":"https://stock-news.laohu8.com/highlight/detail?id=2162087564","media":"Reuters","summary":"NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesda","content":"<p>NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes advanced higher, with the S&amp;P 500 and the Nasdaq closing at all-time closing highs.</p>\n<p>The session marked the S&amp;P 500's 50th record high close so far this year.</p>\n<p>Tech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps&nbsp;outperformed the broader market.</p>\n<p>\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"</p>\n<p>The Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.</p>\n<p>Travel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&amp;P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.</p>\n<p>\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"</p>\n<p>Recent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.</p>\n<p>Fed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.</p>\n<p>The event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.</p>\n<p>\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 30.55 points, or 0.09%, to 35,366.26, the S&amp;P 500&nbsp;gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite&nbsp;added 77.15 points, or 0.52%, to 15,019.80.</p>\n<p>Energy&nbsp;was the top gainer among the 11 major sectors in the S&amp;P 500, boosted by the continued rally in crude prices.</p>\n<p>Best Buy Co Inc&nbsp;jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.</p>\n<p>U.S.-listed shares of China-based e-commerce platform Pinduoduo Inc&nbsp;surged 22.2% after reporting its first ever quarterly profit.</p>\n<p>JD.com&nbsp;gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Other shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF&nbsp;jumping 8.0%.</p>\n<p>Cybersecurity firm <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc&nbsp;advanced18.6% as brokerages raised their price targets following its full-year forecast beat.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.</p>\n<p>Volume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St extends rally, pushing S&P 500 to 50th all-time high close this year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St extends rally, pushing S&P 500 to 50th all-time high close this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-25 04:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes advanced higher, with the S&amp;P 500 and the Nasdaq closing at all-time closing highs.</p>\n<p>The session marked the S&amp;P 500's 50th record high close so far this year.</p>\n<p>Tech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps&nbsp;outperformed the broader market.</p>\n<p>\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"</p>\n<p>The Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.</p>\n<p>Travel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&amp;P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.</p>\n<p>\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"</p>\n<p>Recent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.</p>\n<p>Fed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.</p>\n<p>The event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.</p>\n<p>\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 30.55 points, or 0.09%, to 35,366.26, the S&amp;P 500&nbsp;gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite&nbsp;added 77.15 points, or 0.52%, to 15,019.80.</p>\n<p>Energy&nbsp;was the top gainer among the 11 major sectors in the S&amp;P 500, boosted by the continued rally in crude prices.</p>\n<p>Best Buy Co Inc&nbsp;jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.</p>\n<p>U.S.-listed shares of China-based e-commerce platform Pinduoduo Inc&nbsp;surged 22.2% after reporting its first ever quarterly profit.</p>\n<p>JD.com&nbsp;gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.</p>\n<p>Other shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF&nbsp;jumping 8.0%.</p>\n<p>Cybersecurity firm <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> Inc&nbsp;advanced18.6% as brokerages raised their price targets following its full-year forecast beat.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 28 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.</p>\n<p>Volume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","IVV":"标普500指数ETF","OEX":"标普100",".SPX":"S&P 500 Index","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF","OEF":"标普100指数ETF-iShares","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF",".DJI":"道琼斯","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite","SH":"标普500反向ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162087564","content_text":"NEW YORK, Aug 24 (Reuters) - Wall Street ended higher in a late-summer, light volume rally on Tuesday as the FDA's full approval of a COVID-19 vaccine on Monday and the absence of negative catalysts kept risk appetite alive ahead of the much-anticipated Jackson Hole Symposium.\nAll three major U.S. stock indexes advanced higher, with the S&P 500 and the Nasdaq closing at all-time closing highs.\nThe session marked the S&P 500's 50th record high close so far this year.\nTech and tech-adjacent megacaps were once again doing the heavy lifting, but economically sensitive cyclicals and smallcaps outperformed the broader market.\n\"Investors are looking at the horizon at the big Jackson Hole meeting on the horizon,\" Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina, referring to the Federal Reserve’s annual economic symposium on Friday. \"But for now the feel-good from yesterday’s vaccine news is still in the air.\"\nThe Food and Drug Administration's full approval of the Pfizer-BioNTech COVID-19 vaccine on Monday fueled optimism over economic recovery which spilled into Tuesday's session.\nTravel and leisure sectors, associated with economic re-engagement, outperformed the broader market. The S&P 1500 Airline and Hotel/Restaurant/Leisure indexes gained up 3.7% and 1.6%, respectively.\n\"We have energy, retail, travel, leisure, financials, and small caps all doing well today,\" Detrick said. \"And that’s a sign that the reopening is alive and well.\"\nRecent economic indicators suggest the recovery from the most abrupt recession in U.S. history is headed in the right direction, but not to the extent that is likely to prompt the Fed to tighten its dovish monetary policy.\nFed Chair Jerome Powell is due to meet with other world bank leaders when the Jackson Hole Symposium convenes later this week, and his remarks will be closely parsed for any clues regarding the Fed's tapering of asset purchases and hiking key interest rates.\nThe event will take place virtually and not in person due to the spread of COVID-19 in the county, which has reduced expectations that any major announcement will be made at the event.\n\"The fact that the Fed is having a virtual (Jackson Hole) meeting tells you that they might be thinking maybe they need to keep supporting the economy,\" said Detrick.\nThe Dow Jones Industrial Average rose 30.55 points, or 0.09%, to 35,366.26, the S&P 500 gained 6.7 points, or 0.15%, to 4,486.23 and the Nasdaq Composite added 77.15 points, or 0.52%, to 15,019.80.\nEnergy was the top gainer among the 11 major sectors in the S&P 500, boosted by the continued rally in crude prices.\nBest Buy Co Inc jumped 8.3% after the electronics retailer beat analyst earnings expectations and raised its full year sales forecast.\nU.S.-listed shares of China-based e-commerce platform Pinduoduo Inc surged 22.2% after reporting its first ever quarterly profit.\nJD.com gained 14.4% in the wake of the Chinese online retailer's remarks on Monday that it does not expect any business impact from a wave of regulations hitting the industry at home.\nOther shares of Chinese companies listed on U.S. exchanges were bouncing back as well, with the Invesco Golden Dragon ETF jumping 8.0%.\nCybersecurity firm Palo Alto Networks Inc advanced18.6% as brokerages raised their price targets following its full-year forecast beat.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.17-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.\nThe S&P 500 posted 28 new 52-week highs and one new low; the Nasdaq Composite recorded 96 new highs and 37 new lows.\nVolume on U.S. exchanges was 8.97 billion shares, compared with the 9.08 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880338125,"gmtCreate":1631018205867,"gmtModify":1676530443321,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/880338125","repostId":"1169993498","repostType":4,"repost":{"id":"1169993498","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":1631015740,"share":"https://www.laohu8.com/m/news/1169993498?lang=&edition=full","pubTime":"2021-09-07 19:55","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1169993498","media":"Tiger Newspress","summary":"U.S. stock futureswere flat Tuesday.\nOn Wall Street, cyclical stocks are the best performers, led by","content":"<ul>\n <li>U.S. stock futureswere flat Tuesday.</li>\n <li>On Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech,&nbsp;Communication Services and Energy are slightly lower.</li>\n <li>The dollar and Treasuries yields rose, gold and cryptos dropped.</li>\n <li>Bitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.</li>\n</ul>\n<p>(Sept 7)&nbsp;European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as&nbsp; investors weighed China’s better-than-forecast&nbsp;trade data against the growing likelihood of fading central-bank support. S&amp;P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&amp;P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/774e551b2ebb39de9eaeec90e5af95c9\" tg-width=\"1242\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p>\n<p>Tech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.</p>\n<p>Tracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.</p>\n<p>Among meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits.&nbsp;</p>\n<p>Chinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/f7d4a60cfccf02d72f36227e0e14cd3e\" tg-width=\"274\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li>Alcoa (AA) shares rise 2.9%&nbsp;premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.</li>\n <li>Farfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.</li>\n <li>Columbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</li>\n <li>InflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.</li>\n <li>IronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.</li>\n <li>Match Group (MTCH) surges 14% on being named to the S&amp;P 500 Index.</li>\n <li>Moderna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination</li>\n <li>Vertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.</li>\n</ul>\n<p>The world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”</p>\n<p>Another thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.</p>\n<p><img src=\"https://static.tigerbbs.com/858faccbc6f7fdcbcba5f727c38900c2\" tg-width=\"952\" tg-height=\"625\" width=\"100%\" height=\"auto\">The S&amp;P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.</p>\n<p>Optimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,”&nbsp;Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”</p>\n<p>Asian stocks climbed, driven by Japanese shares<b>that extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.</b>The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso said<b>they will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.</b>Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).</p>\n<p>Adding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa2b6673ab863a92d8ad2a5cbb10328\" tg-width=\"575\" tg-height=\"369\" width=\"100%\" height=\"auto\"><b>In FX,</b> the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.<b>Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,</b>instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.<b>Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.</b>Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.</p>\n<p><b>In rates, </b>Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,<b>with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.</b>Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.&nbsp; Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.</p>\n<p>In commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.</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>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\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\">2021-09-07 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>U.S. stock futureswere flat Tuesday.</li>\n <li>On Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech,&nbsp;Communication Services and Energy are slightly lower.</li>\n <li>The dollar and Treasuries yields rose, gold and cryptos dropped.</li>\n <li>Bitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.</li>\n</ul>\n<p>(Sept 7)&nbsp;European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as&nbsp; investors weighed China’s better-than-forecast&nbsp;trade data against the growing likelihood of fading central-bank support. S&amp;P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&amp;P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/774e551b2ebb39de9eaeec90e5af95c9\" tg-width=\"1242\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p>\n<p>Tech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.</p>\n<p>Tracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.</p>\n<p>Among meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits.&nbsp;</p>\n<p>Chinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/f7d4a60cfccf02d72f36227e0e14cd3e\" tg-width=\"274\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li>Alcoa (AA) shares rise 2.9%&nbsp;premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.</li>\n <li>Farfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.</li>\n <li>Columbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</li>\n <li>InflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.</li>\n <li>IronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.</li>\n <li>Match Group (MTCH) surges 14% on being named to the S&amp;P 500 Index.</li>\n <li>Moderna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination</li>\n <li>Vertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.</li>\n</ul>\n<p>The world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”</p>\n<p>Another thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.</p>\n<p><img src=\"https://static.tigerbbs.com/858faccbc6f7fdcbcba5f727c38900c2\" tg-width=\"952\" tg-height=\"625\" width=\"100%\" height=\"auto\">The S&amp;P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.</p>\n<p>Optimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,”&nbsp;Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”</p>\n<p>Asian stocks climbed, driven by Japanese shares<b>that extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.</b>The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso said<b>they will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.</b>Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).</p>\n<p>Adding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa2b6673ab863a92d8ad2a5cbb10328\" tg-width=\"575\" tg-height=\"369\" width=\"100%\" height=\"auto\"><b>In FX,</b> the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.<b>Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,</b>instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.<b>Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.</b>Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.</p>\n<p><b>In rates, </b>Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,<b>with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.</b>Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.&nbsp; Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.</p>\n<p>In commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169993498","content_text":"U.S. stock futureswere flat Tuesday.\nOn Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech, Communication Services and Energy are slightly lower.\nThe dollar and Treasuries yields rose, gold and cryptos dropped.\nBitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.\n\n(Sept 7) European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as  investors weighed China’s better-than-forecast trade data against the growing likelihood of fading central-bank support. S&P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.\nAt 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.\n\nTech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.\nTracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.\nAmong meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits. \nChinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.\n\nStocks making the biggest moves premarket:\n\nAlcoa (AA) shares rise 2.9% premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.\nFarfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.\nColumbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.\nInflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.\nIronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.\nMatch Group (MTCH) surges 14% on being named to the S&P 500 Index.\nModerna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination\nVertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.\n\nThe world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”\nAnother thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.\nThe S&P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.\nOptimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,” Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”\nAsian stocks climbed, driven by Japanese sharesthat extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso saidthey will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).\nAdding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.\nIn FX, the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.\nIn rates, Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.  Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.\nIn commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836583155,"gmtCreate":1629507254077,"gmtModify":1676530060403,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836583155","repostId":"2161743232","repostType":4,"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894240286,"gmtCreate":1628833016745,"gmtModify":1676529869175,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/894240286","repostId":"1101202302","repostType":4,"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179629506,"gmtCreate":1626520981605,"gmtModify":1703761412567,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":":-(","listText":":-(","text":":-(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/179629506","repostId":"1198202103","repostType":4,"repost":{"id":"1198202103","pubTimestamp":1626481985,"share":"https://www.laohu8.com/m/news/1198202103?lang=&edition=full","pubTime":"2021-07-17 08:33","market":"us","language":"en","title":"Dow drops nearly 300 points on Friday, snaps 3-week winning streak","url":"https://stock-news.laohu8.com/highlight/detail?id=1198202103","media":"CNBC","summary":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as ","content":"<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow drops nearly 300 points on Friday, snaps 3-week winning streak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow drops nearly 300 points on Friday, snaps 3-week winning streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 08:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198202103","content_text":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\nThe Dow lost 299.17 points, or 0.86%, to close at 34,687.85. The S&P 500 dipped 0.75% to 4,327.16 and the Nasdaq Composite shed 0.8% to 14,427.24.\nThe three averages closed the week lower to each snap 3-week win streaks. The Dow ended the week down 0.52%, while the S&P 500 dipped 0.97% and the Nasdaq Composite fell 1.87% during the same period.\n\nA U.S.consumer sentimentindex from the University of Michigan came in at 80.8 for the first half of July, down from 85.5 last month and worse than estimates from economists, who projected an increase. The report released Friday showed inflation expectations rising, with consumers believing prices will increase 4.8% in the next year, the highest level since August 2008.\nThe Dow gave up its gains early Friday shortly after the University of Michigan report came out 30 minutes into the session. Losses increased as the day went on with major averages closing at the lows of the session.\nThe consumer sentiment weakness “is at face value hard to square with the acceleration in employment growth and the continued resilience of the stock market,” said Andrew Hunter, senior U.S. economist at Capital Economics, but the report “suggested that concerns over surging inflation are now outweighing those positive trends.”\nInflation fears\nThe market was held back all week by inflation fears although the S&P 500 and Dow did touch new all-time highs briefly. On Tuesday, theconsumer price indexshowed a 5.4% increase in June from a year ago, the fastest pace in nearly 13 years.\nStocks got off to a good start Friday with the Dow rising more than 100 points to above 35,000 shortly after the open.Data released before the bell showed retail and food service salesrose 0.6% in June, while economists surveyed by Dow Jones had expected a 0.4% decline. If that level held, it would have been the Dow’s first close ever above 35,000.\nDespite the week’s losses, the Dow is still up 13% for the year and sits just 1.15% from an all-time high. The S&P 500 is up 15% on the year and is 1.51% below its record level.\n“The market looks broadly fairly valued to me, with most stocks priced to provide a market rate of return plus or minus a few percent,” Bill Miller, chairman and chief investment officer of Miller Value Partners,said in an investor letter.\n“There are pockets of what look like appreciable over-valuation and pockets of significant undervaluation in the US market, in my opinion. We can find plenty of names to fill our portfolios and so remain fully invested,” the value investor added.\nEnergy correction\nEnergy stocks, the hottest part of the market in 2021, fell into correction territory on Friday as oil prices pulled back from their highs.\nThe Energy Select Sector SPDR Fund fell more than 2% on Friday, the worst of any group, dropping 14% from its high. Still, the sector is up about 28% in 2021, making it the top performer of any of the 11 main industry groups.\nWeaker performance from technology stocks also weighed on the market Friday. Shares of Apple closed 1.4% lower afternotching a record closejust two days prior. Netflix shares fell ahead of the streaming giant’s second-quarter earnings report next week.\nInvestors digested strong earnings results from the first major week of second-quarter reports. Though some of the nation’s largest companies posted healthy earnings and revenues amid the economic recovery, the reaction in the stock market has so far been muted.\nThe Financial Select Sector SPDR Fund ended the week 1.5% lower despite big profit growth numbers posted by the likes of JPMorgan Chase and Bank of America.\n“Good earnings might have become an excuse for some investors to take profit. And with earnings expectations so high in general, it takes a really big beat for a company to impress,” JJ Kinahan, TD Ameritrade chief market strategist, said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147659499,"gmtCreate":1626357080811,"gmtModify":1703758576418,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Sad like","listText":"Sad like","text":"Sad like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147659499","repostId":"1162137829","repostType":4,"repost":{"id":"1162137829","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":1626356794,"share":"https://www.laohu8.com/m/news/1162137829?lang=&edition=full","pubTime":"2021-07-15 21:46","market":"us","language":"en","title":"J&J shares falls 1% in early trading,as recalling sunscreens after carcinogen found in some spray.","url":"https://stock-news.laohu8.com/highlight/detail?id=1162137829","media":"Tiger Newspress","summary":"J&J shares falls 1% in early trading,as recalling sunscreens after carcinogen found in some spray.\nJ","content":"<p>J&amp;J&nbsp;shares&nbsp;falls&nbsp;1%&nbsp;in&nbsp;early&nbsp;trading,as&nbsp;recalling sunscreens after carcinogen found in some spray.</p>\n<p><img src=\"https://static.tigerbbs.com/9ebbbbed4d32fb700b98b868517b4752\" tg-width=\"1279\" tg-height=\"598\" referrerpolicy=\"no-referrer\">Johnson &amp; Johnson is voluntarily recalling five Neutrogena and Aveeno brand aerosol sunscreen products after detecting a cancer-causing chemical in some samples.</p>\n<p>The New Jersey-based company said on Wednesday that consumers should stop using the products and discard them after internal testing identified low levels of benzene in some samples.</p>\n<p>J&amp;J is also notifying distributors and retailers to stop selling the products and arranging for their return \"out of an abundance of caution\".</p>\n<p>Benzene is classified as a human carcinogen, a substance that could potentially cause cancer depending on the level and extent of exposure.</p>\n<p>J&amp;J said that benzene is not an ingredient in its sunscreen products and it is investigating the cause of the contamination.</p>\n<p>\"Daily exposure to benzene in these aerosol sunscreen products at the levels detected in our testing would not be expected to cause adverse health consequences,\" the company said.</p>\n<p>The recalled aerosol sunscreens are Neutrogena Beach Defense, Neutrogena Cool Dry Sport, Neutrogena Invisible Daily defense, Neutrogena Ultra Sheer and Aveeno Protect + Refresh.</p>\n<p>Consumers should contact their physician or healthcare provider if they have any concerns, questions or have experienced any problems related to using these products.</p>\n<p>The recall is another blow for J&amp;J,&nbsp;one&nbsp;of the world's largest producers of consumer health products. The company already faces billions of dollars of potential court losses and settlements from damages claims related to its baby powder, vaginal mesh implants and opioid painkillers.</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>J&J shares falls 1% in early trading,as recalling sunscreens after carcinogen found in some spray.</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\">\nJ&J shares falls 1% in early trading,as recalling sunscreens after carcinogen found in some spray.\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\">2021-07-15 21:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>J&amp;J&nbsp;shares&nbsp;falls&nbsp;1%&nbsp;in&nbsp;early&nbsp;trading,as&nbsp;recalling sunscreens after carcinogen found in some spray.</p>\n<p><img src=\"https://static.tigerbbs.com/9ebbbbed4d32fb700b98b868517b4752\" tg-width=\"1279\" tg-height=\"598\" referrerpolicy=\"no-referrer\">Johnson &amp; Johnson is voluntarily recalling five Neutrogena and Aveeno brand aerosol sunscreen products after detecting a cancer-causing chemical in some samples.</p>\n<p>The New Jersey-based company said on Wednesday that consumers should stop using the products and discard them after internal testing identified low levels of benzene in some samples.</p>\n<p>J&amp;J is also notifying distributors and retailers to stop selling the products and arranging for their return \"out of an abundance of caution\".</p>\n<p>Benzene is classified as a human carcinogen, a substance that could potentially cause cancer depending on the level and extent of exposure.</p>\n<p>J&amp;J said that benzene is not an ingredient in its sunscreen products and it is investigating the cause of the contamination.</p>\n<p>\"Daily exposure to benzene in these aerosol sunscreen products at the levels detected in our testing would not be expected to cause adverse health consequences,\" the company said.</p>\n<p>The recalled aerosol sunscreens are Neutrogena Beach Defense, Neutrogena Cool Dry Sport, Neutrogena Invisible Daily defense, Neutrogena Ultra Sheer and Aveeno Protect + Refresh.</p>\n<p>Consumers should contact their physician or healthcare provider if they have any concerns, questions or have experienced any problems related to using these products.</p>\n<p>The recall is another blow for J&amp;J,&nbsp;one&nbsp;of the world's largest producers of consumer health products. The company already faces billions of dollars of potential court losses and settlements from damages claims related to its baby powder, vaginal mesh implants and opioid painkillers.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162137829","content_text":"J&J shares falls 1% in early trading,as recalling sunscreens after carcinogen found in some spray.\nJohnson & Johnson is voluntarily recalling five Neutrogena and Aveeno brand aerosol sunscreen products after detecting a cancer-causing chemical in some samples.\nThe New Jersey-based company said on Wednesday that consumers should stop using the products and discard them after internal testing identified low levels of benzene in some samples.\nJ&J is also notifying distributors and retailers to stop selling the products and arranging for their return \"out of an abundance of caution\".\nBenzene is classified as a human carcinogen, a substance that could potentially cause cancer depending on the level and extent of exposure.\nJ&J said that benzene is not an ingredient in its sunscreen products and it is investigating the cause of the contamination.\n\"Daily exposure to benzene in these aerosol sunscreen products at the levels detected in our testing would not be expected to cause adverse health consequences,\" the company said.\nThe recalled aerosol sunscreens are Neutrogena Beach Defense, Neutrogena Cool Dry Sport, Neutrogena Invisible Daily defense, Neutrogena Ultra Sheer and Aveeno Protect + Refresh.\nConsumers should contact their physician or healthcare provider if they have any concerns, questions or have experienced any problems related to using these products.\nThe recall is another blow for J&J, one of the world's largest producers of consumer health products. The company already faces billions of dollars of potential court losses and settlements from damages claims related to its baby powder, vaginal mesh implants and opioid painkillers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830621889,"gmtCreate":1629071668841,"gmtModify":1676529919157,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/830621889","repostId":"1129589874","repostType":4,"repost":{"id":"1129589874","pubTimestamp":1629067868,"share":"https://www.laohu8.com/m/news/1129589874?lang=&edition=full","pubTime":"2021-08-16 06:51","market":"us","language":"en","title":"Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1129589874","media":"Barrons","summary":"It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.The Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a 0.2% seasonally adjusted increase last month, after a 0.","content":"<p>It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday.&nbsp;Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.</p>\n<p>The Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a&nbsp;0.2% seasonally adjusted increase last month, after a 0.6% rise in June.</p>\n<p>Major non-retail companies releasing results this week include Pandora and&nbsp;Krispy Kreme&nbsp;on Tuesday, followed by a busy Wednesday:Nvidia,Tencent Holdings,CiscoSystems,Analog Devices,and&nbsp;Lumentum Holdings&nbsp;all report.Applied Materials&nbsp;goes on Thursday and Deere closes the week on Friday.</p>\n<p>Economic data out this week include several housing-market metrics:&nbsp;The National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for August on Tuesday and the Census Bureau’s new residential construction report for July on Wednesday.</p>\n<p>Also on Wednesday, the&nbsp;Federal Reserve’s monetary policy committee releases the minutes from its last meeting in late July. Then, the&nbsp;Conference Board publishes its Leading Economic Index for July on Thursday.</p>\n<p><b>Monday 8/16</b></p>\n<p>Tencent Music Entertainment Group,Tokyo Electron,and&nbsp;Clear Secure&nbsp;are among the companies holding earnings conference calls.</p>\n<p><b>The Federal Reserve</b>&nbsp;Bank of New York releases its Empire State Manufacturing Survey for August. The consensus estimate is for a 26.5 reading. That compares with a record high of 43.0 in July, when the general business conditions index rose 26 points.</p>\n<p><b>Tuesday 8/17</b></p>\n<p>BHP, Walmart, Home Depot,Agilent Technologies,Pandora, and Krispy Kreme are among the companies hosting earnings conference calls.</p>\n<p>America’s Car-Mart,Jack Henry &amp; Associates,and&nbsp;La-Z-Boy&nbsp;report financial results after the market closes and will hold earnings calls the following morning, Aug. 18.</p>\n<p><b>The Federal Reserve</b>&nbsp;releases capacity utilization in the industrial sector for July. Consensus calls for a 75.7% reading, little changed from June’s 75.4% reading. Industrial production is seen rising 0.5% from June’s 0.4% seasonally adjusted increase.</p>\n<p><b>The National Association</b>&nbsp;of Home Builders releases its NAHB/Wells Fargo Housing Market Index for August. Economists forecast an 80 reading, the same as in July. The index is down from its all-time high of 90 set in November.</p>\n<p><b>Federal Reserve Board</b>&nbsp;Chairman Jay Powell will host a virtual town hall with educators and students.</p>\n<p><b>The Census Bureau reports</b>&nbsp;retail sales data for July. Expectations are for a 0.3% seasonally adjusted month-over-month decrease, following a 0.6% rise in June. Excluding autos, spending is seen rising 0.2%, compared with a 1.3% rise in the previous month.</p>\n<p><b>Wednesday 8/18</b></p>\n<p><b>The Federal Open Market</b>&nbsp;Committee releases the minutes from its late-July monetary-policy meeting.</p>\n<p>Cisco Systems, Lowe’s, Target, TJX, Tencent Holdings,Brinker International,Analog Devices,Synopsys,Lumentum Holdings, and Nvidia host earnings conference calls.</p>\n<p><b>The Census Bureau’s</b>new residential construction report for July is expected to show the seasonally adjusted annual rate of housing starts at 1.610 million, down from June’s 1.643 million. Housing starts hit a postpandemic peak of 1.73 million in March.</p>\n<p><b>Thursday 8/19</b></p>\n<p>BJ’s Wholesale,<b>L Brands</b>, Applied Materials,Ross Stores,Estée Lauder,Kohl’s, Macy’s,Performance Food Group,Petco Health and Wellness,and Farfetch host earnings conference calls.</p>\n<p><b>The Conference Board</b>releases its Leading Economic Index for July. The LEI is expected to increase 0.7% month over month, after gaining 0.7% in June.</p>\n<p><b>Friday 8/20</b></p>\n<p>Deere and Foot Locker host conference calls to discuss financial results.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia, Tencent,Walmart, Target and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 06:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-to-watch-this-week-51629054047?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-51629054047?mod=hp_LEAD_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛",".SPX":"S&P 500 Index","TGT":"塔吉特","TME":"腾讯音乐","NVDA":"英伟达",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-51629054047?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129589874","content_text":"It’s the late innings of second-quarter earnings season, with retailers ready to step up to the plate. Walmart and Home Depot report on Tuesday, followed by Lowe’s, Target, and TJX on Wednesday. Kohl’s, Macy’s, BJ’s Wholesale, and L Brands are Thursday’s retail highlights, then Foot Locker closes the week on Friday.\nThe Census Bureau’s July retail sales data for July is also out this week, on Tuesday. Economists on average are forecasting a 0.2% seasonally adjusted increase last month, after a 0.6% rise in June.\nMajor non-retail companies releasing results this week include Pandora and Krispy Kreme on Tuesday, followed by a busy Wednesday:Nvidia,Tencent Holdings,CiscoSystems,Analog Devices,and Lumentum Holdings all report.Applied Materials goes on Thursday and Deere closes the week on Friday.\nEconomic data out this week include several housing-market metrics: The National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for August on Tuesday and the Census Bureau’s new residential construction report for July on Wednesday.\nAlso on Wednesday, the Federal Reserve’s monetary policy committee releases the minutes from its last meeting in late July. Then, the Conference Board publishes its Leading Economic Index for July on Thursday.\nMonday 8/16\nTencent Music Entertainment Group,Tokyo Electron,and Clear Secure are among the companies holding earnings conference calls.\nThe Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for August. The consensus estimate is for a 26.5 reading. That compares with a record high of 43.0 in July, when the general business conditions index rose 26 points.\nTuesday 8/17\nBHP, Walmart, Home Depot,Agilent Technologies,Pandora, and Krispy Kreme are among the companies hosting earnings conference calls.\nAmerica’s Car-Mart,Jack Henry & Associates,and La-Z-Boy report financial results after the market closes and will hold earnings calls the following morning, Aug. 18.\nThe Federal Reserve releases capacity utilization in the industrial sector for July. Consensus calls for a 75.7% reading, little changed from June’s 75.4% reading. Industrial production is seen rising 0.5% from June’s 0.4% seasonally adjusted increase.\nThe National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for August. Economists forecast an 80 reading, the same as in July. The index is down from its all-time high of 90 set in November.\nFederal Reserve Board Chairman Jay Powell will host a virtual town hall with educators and students.\nThe Census Bureau reports retail sales data for July. Expectations are for a 0.3% seasonally adjusted month-over-month decrease, following a 0.6% rise in June. Excluding autos, spending is seen rising 0.2%, compared with a 1.3% rise in the previous month.\nWednesday 8/18\nThe Federal Open Market Committee releases the minutes from its late-July monetary-policy meeting.\nCisco Systems, Lowe’s, Target, TJX, Tencent Holdings,Brinker International,Analog Devices,Synopsys,Lumentum Holdings, and Nvidia host earnings conference calls.\nThe Census Bureau’snew residential construction report for July is expected to show the seasonally adjusted annual rate of housing starts at 1.610 million, down from June’s 1.643 million. Housing starts hit a postpandemic peak of 1.73 million in March.\nThursday 8/19\nBJ’s Wholesale,L Brands, Applied Materials,Ross Stores,Estée Lauder,Kohl’s, Macy’s,Performance Food Group,Petco Health and Wellness,and Farfetch host earnings conference calls.\nThe Conference Boardreleases its Leading Economic Index for July. The LEI is expected to increase 0.7% month over month, after gaining 0.7% in June.\nFriday 8/20\nDeere and Foot Locker host conference calls to discuss financial results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178901661,"gmtCreate":1626778020253,"gmtModify":1703764989444,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":":-(","listText":":-(","text":":-(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/178901661","repostId":"2152522116","repostType":4,"isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079619967,"gmtCreate":1657187937759,"gmtModify":1676535966049,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079619967","repostId":"1145594046","repostType":4,"repost":{"id":"1145594046","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":1657175151,"share":"https://www.laohu8.com/m/news/1145594046?lang=&edition=full","pubTime":"2022-07-07 14:25","market":"us","language":"en","title":"U.S. Big Banks Q2 Earnings Are Coming. Here’s What To Expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1145594046","media":"Tiger Newspress","summary":"The disconnect between healthy business performance and ailing share prices in 2022 will likely cont","content":"<html><head></head><body><p>The disconnect between healthy business performance and ailing share prices in 2022 will likely continue for megabanks through this year’s second-quarter earnings season, amid bear market conditions for stocks.</p><p>Investors will likely be on the lookout for potential headwinds in loan growth and credit quality in the banking industry as JPMorgan Chase &amp; Co. and Morgan Stanley are slated to report earnings on Thursday, July 14, as the first two of the big-six U.S. banks.</p><p>Citigroup Inc. and Wells Fargo &amp; Co. both report earnings on Friday, July 15, while Bank of America Corp. and Goldman Sachs Group Inc. weigh in on July 18.</p><p><img src=\"https://static.tigerbbs.com/e3f544ab4078be7cd8d6f144aab677af\" tg-width=\"1500\" tg-height=\"1315\" referrerpolicy=\"no-referrer\"/></p><p><b>Bank Stocks Have Been Pulled Lower This Year</b></p><p>Bank stocks have been pulled lower this year by forward-looking recession woes, even as the current economic conditions remain relatively strong. The selloff in stock prices may appear to make sense, since stock market investors typically look ahead and earnings reports mostly provide a look back.</p><p>Some of the economic pessimism in the stock market came from the banks themselves, with JPMorgan Chase CEO Jamie Dimon warning of a hurricane coming in the economy in an appearance at the Bernstein Strategic Decisions Conference.</p><p>The Financial Select SPDR ETF ended the first half with a loss of 19.5%. The S&amp;P 500 index dropped 20.6% in its worst first half since 1970.</p><p>Bank of America’s stock ended the first half of 2022 with a loss of 30.0% as the weakest performer among the big six banks, while JPMorgan Chase shares have dropped 28.9%, Citigroup by 23.8%, and Wells Fargo by 18.4%.</p><p>Morgan Stanley stock had fallen by 22.5% since the start of 2022 and Goldman Sachs was off 22.4%.</p><p>Putting a positive spin on weak stock performances, Deutsche Bank analyst Matt O’Connor said bank stocks are already pricing in a 65% to 75% chance of a recession, which suggests “good upside potential” in 2023.</p><p>“Despite anticipating solid/strong 2Q results and likely upgrades to 2H outlooks (driven by higher net interest income), we don’t expect recession fears to abate,” O’Connor said.</p><p>During the second quarter, the economy continued cooling off, with banks facing a drop in mortgage lending as refinancings and home purchases fell back in the face of higher interest rates. Some jobs have been shed at JPMorgan and elsewhere as a result.</p><p>But analysts saw little reason to reduce megabank earnings forecasts by drastic margins since the end of the first quarter. Out of the six bank giants, analysts cut estimates on five, and raised estimates on JPMorgan Chase.</p><p><b>Analysts Ease Back on Profit Expectations</b></p><p>JPMorgan Chase is on deck to report second-quarter earnings of $2.93 a share on revenue of $31.99 billion, according to Bloomberg consensus.</p><p>Analysts expect Morgan Stanley to report earnings of $1.62 and revenue of $13.52 billion.</p><p>Up next is Citigroup, which is expected to earn $1.66 a share on revenue of $18.37 billion.</p><p>Wells Fargo is expected to earn 88 cents a share on revenue of $17.73 billion. Its second-quarter earnings target stood at 95 cents a share on March 31.</p><p>Bank of America is expected to report earnings of 79 cents a share on revenue of about $23.0 billion, according to Bloomberg consensus. At the end of the first quarter, analysts had expected the company to earn 83 cents share.</p><p>Finally, Goldman Sachs is on tap to earn $7.41 a share on revenue of $11.04 billion, according to Bloomberg consensus.</p><p><b>Analysts Comments</b></p><p>BofA Securities analyst Ebrahim H. Poonawala made it clear in his June 29 upgrade of Goldman Sachs to buy from hold that the investment bank and all other players in the industry face a bumpy road ahead.</p><p>“Our ratings change (first upgrade of 2022) does not indicate an improved outlook for bank stocks,” Poonawala said. “To the contrary, we see the stock as well-positioned to outperform in what is likely to be a worsening economic backdrop that could weigh more materially on the EPS outlooks for its balance sheet lending heavy peers.”</p><p>Goldman offers an attractive risk/reward profile relative to other bank stocks, he said.</p><p>“We believe that the volatility in the interest rates, FX, commodities markets is unlikely going away anytime soon and should serve as a tailwind for the markets business,” Poonawala said. “We also expect GS’s strong risk management to mitigate any material negative surprises owing to market dislocations.”</p><p>Oppenheimer analyst Chris Kotowski said it’s reasonable to expect some noise in banks’ second-quarter results, but for the most part, he expects in-line fundamental trends.</p><p>Banks signaled their relative health in mid-June conferences such as the Bernstein Strategic Decisions Conference and other gatherings.</p><p>“Bank after bank came out and said things were tracking well,” Kotowsky said in his note on Friday. “Loan growth and net interest margins (NIM) were, if anything, better than expected; expenses OK; and credit continues to track better than expected. Clearly with Jamie Dimon’s ‘hurricane’ out there, 2Q22E doesn’t tell us much where we’ll be in 12–18 months, but so far the visible trends are generally favorable.”</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>U.S. Big Banks Q2 Earnings Are Coming. Here’s What To Expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Big Banks Q2 Earnings Are Coming. Here’s What To Expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-07 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The disconnect between healthy business performance and ailing share prices in 2022 will likely continue for megabanks through this year’s second-quarter earnings season, amid bear market conditions for stocks.</p><p>Investors will likely be on the lookout for potential headwinds in loan growth and credit quality in the banking industry as JPMorgan Chase &amp; Co. and Morgan Stanley are slated to report earnings on Thursday, July 14, as the first two of the big-six U.S. banks.</p><p>Citigroup Inc. and Wells Fargo &amp; Co. both report earnings on Friday, July 15, while Bank of America Corp. and Goldman Sachs Group Inc. weigh in on July 18.</p><p><img src=\"https://static.tigerbbs.com/e3f544ab4078be7cd8d6f144aab677af\" tg-width=\"1500\" tg-height=\"1315\" referrerpolicy=\"no-referrer\"/></p><p><b>Bank Stocks Have Been Pulled Lower This Year</b></p><p>Bank stocks have been pulled lower this year by forward-looking recession woes, even as the current economic conditions remain relatively strong. The selloff in stock prices may appear to make sense, since stock market investors typically look ahead and earnings reports mostly provide a look back.</p><p>Some of the economic pessimism in the stock market came from the banks themselves, with JPMorgan Chase CEO Jamie Dimon warning of a hurricane coming in the economy in an appearance at the Bernstein Strategic Decisions Conference.</p><p>The Financial Select SPDR ETF ended the first half with a loss of 19.5%. The S&amp;P 500 index dropped 20.6% in its worst first half since 1970.</p><p>Bank of America’s stock ended the first half of 2022 with a loss of 30.0% as the weakest performer among the big six banks, while JPMorgan Chase shares have dropped 28.9%, Citigroup by 23.8%, and Wells Fargo by 18.4%.</p><p>Morgan Stanley stock had fallen by 22.5% since the start of 2022 and Goldman Sachs was off 22.4%.</p><p>Putting a positive spin on weak stock performances, Deutsche Bank analyst Matt O’Connor said bank stocks are already pricing in a 65% to 75% chance of a recession, which suggests “good upside potential” in 2023.</p><p>“Despite anticipating solid/strong 2Q results and likely upgrades to 2H outlooks (driven by higher net interest income), we don’t expect recession fears to abate,” O’Connor said.</p><p>During the second quarter, the economy continued cooling off, with banks facing a drop in mortgage lending as refinancings and home purchases fell back in the face of higher interest rates. Some jobs have been shed at JPMorgan and elsewhere as a result.</p><p>But analysts saw little reason to reduce megabank earnings forecasts by drastic margins since the end of the first quarter. Out of the six bank giants, analysts cut estimates on five, and raised estimates on JPMorgan Chase.</p><p><b>Analysts Ease Back on Profit Expectations</b></p><p>JPMorgan Chase is on deck to report second-quarter earnings of $2.93 a share on revenue of $31.99 billion, according to Bloomberg consensus.</p><p>Analysts expect Morgan Stanley to report earnings of $1.62 and revenue of $13.52 billion.</p><p>Up next is Citigroup, which is expected to earn $1.66 a share on revenue of $18.37 billion.</p><p>Wells Fargo is expected to earn 88 cents a share on revenue of $17.73 billion. Its second-quarter earnings target stood at 95 cents a share on March 31.</p><p>Bank of America is expected to report earnings of 79 cents a share on revenue of about $23.0 billion, according to Bloomberg consensus. At the end of the first quarter, analysts had expected the company to earn 83 cents share.</p><p>Finally, Goldman Sachs is on tap to earn $7.41 a share on revenue of $11.04 billion, according to Bloomberg consensus.</p><p><b>Analysts Comments</b></p><p>BofA Securities analyst Ebrahim H. Poonawala made it clear in his June 29 upgrade of Goldman Sachs to buy from hold that the investment bank and all other players in the industry face a bumpy road ahead.</p><p>“Our ratings change (first upgrade of 2022) does not indicate an improved outlook for bank stocks,” Poonawala said. “To the contrary, we see the stock as well-positioned to outperform in what is likely to be a worsening economic backdrop that could weigh more materially on the EPS outlooks for its balance sheet lending heavy peers.”</p><p>Goldman offers an attractive risk/reward profile relative to other bank stocks, he said.</p><p>“We believe that the volatility in the interest rates, FX, commodities markets is unlikely going away anytime soon and should serve as a tailwind for the markets business,” Poonawala said. “We also expect GS’s strong risk management to mitigate any material negative surprises owing to market dislocations.”</p><p>Oppenheimer analyst Chris Kotowski said it’s reasonable to expect some noise in banks’ second-quarter results, but for the most part, he expects in-line fundamental trends.</p><p>Banks signaled their relative health in mid-June conferences such as the Bernstein Strategic Decisions Conference and other gatherings.</p><p>“Bank after bank came out and said things were tracking well,” Kotowsky said in his note on Friday. “Loan growth and net interest margins (NIM) were, if anything, better than expected; expenses OK; and credit continues to track better than expected. Clearly with Jamie Dimon’s ‘hurricane’ out there, 2Q22E doesn’t tell us much where we’ll be in 12–18 months, but so far the visible trends are generally favorable.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗","WFC":"富国银行","MS":"摩根士丹利","GS":"高盛","BAC":"美国银行","JPM":"摩根大通"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145594046","content_text":"The disconnect between healthy business performance and ailing share prices in 2022 will likely continue for megabanks through this year’s second-quarter earnings season, amid bear market conditions for stocks.Investors will likely be on the lookout for potential headwinds in loan growth and credit quality in the banking industry as JPMorgan Chase & Co. and Morgan Stanley are slated to report earnings on Thursday, July 14, as the first two of the big-six U.S. banks.Citigroup Inc. and Wells Fargo & Co. both report earnings on Friday, July 15, while Bank of America Corp. and Goldman Sachs Group Inc. weigh in on July 18.Bank Stocks Have Been Pulled Lower This YearBank stocks have been pulled lower this year by forward-looking recession woes, even as the current economic conditions remain relatively strong. The selloff in stock prices may appear to make sense, since stock market investors typically look ahead and earnings reports mostly provide a look back.Some of the economic pessimism in the stock market came from the banks themselves, with JPMorgan Chase CEO Jamie Dimon warning of a hurricane coming in the economy in an appearance at the Bernstein Strategic Decisions Conference.The Financial Select SPDR ETF ended the first half with a loss of 19.5%. The S&P 500 index dropped 20.6% in its worst first half since 1970.Bank of America’s stock ended the first half of 2022 with a loss of 30.0% as the weakest performer among the big six banks, while JPMorgan Chase shares have dropped 28.9%, Citigroup by 23.8%, and Wells Fargo by 18.4%.Morgan Stanley stock had fallen by 22.5% since the start of 2022 and Goldman Sachs was off 22.4%.Putting a positive spin on weak stock performances, Deutsche Bank analyst Matt O’Connor said bank stocks are already pricing in a 65% to 75% chance of a recession, which suggests “good upside potential” in 2023.“Despite anticipating solid/strong 2Q results and likely upgrades to 2H outlooks (driven by higher net interest income), we don’t expect recession fears to abate,” O’Connor said.During the second quarter, the economy continued cooling off, with banks facing a drop in mortgage lending as refinancings and home purchases fell back in the face of higher interest rates. Some jobs have been shed at JPMorgan and elsewhere as a result.But analysts saw little reason to reduce megabank earnings forecasts by drastic margins since the end of the first quarter. Out of the six bank giants, analysts cut estimates on five, and raised estimates on JPMorgan Chase.Analysts Ease Back on Profit ExpectationsJPMorgan Chase is on deck to report second-quarter earnings of $2.93 a share on revenue of $31.99 billion, according to Bloomberg consensus.Analysts expect Morgan Stanley to report earnings of $1.62 and revenue of $13.52 billion.Up next is Citigroup, which is expected to earn $1.66 a share on revenue of $18.37 billion.Wells Fargo is expected to earn 88 cents a share on revenue of $17.73 billion. Its second-quarter earnings target stood at 95 cents a share on March 31.Bank of America is expected to report earnings of 79 cents a share on revenue of about $23.0 billion, according to Bloomberg consensus. At the end of the first quarter, analysts had expected the company to earn 83 cents share.Finally, Goldman Sachs is on tap to earn $7.41 a share on revenue of $11.04 billion, according to Bloomberg consensus.Analysts CommentsBofA Securities analyst Ebrahim H. Poonawala made it clear in his June 29 upgrade of Goldman Sachs to buy from hold that the investment bank and all other players in the industry face a bumpy road ahead.“Our ratings change (first upgrade of 2022) does not indicate an improved outlook for bank stocks,” Poonawala said. “To the contrary, we see the stock as well-positioned to outperform in what is likely to be a worsening economic backdrop that could weigh more materially on the EPS outlooks for its balance sheet lending heavy peers.”Goldman offers an attractive risk/reward profile relative to other bank stocks, he said.“We believe that the volatility in the interest rates, FX, commodities markets is unlikely going away anytime soon and should serve as a tailwind for the markets business,” Poonawala said. “We also expect GS’s strong risk management to mitigate any material negative surprises owing to market dislocations.”Oppenheimer analyst Chris Kotowski said it’s reasonable to expect some noise in banks’ second-quarter results, but for the most part, he expects in-line fundamental trends.Banks signaled their relative health in mid-June conferences such as the Bernstein Strategic Decisions Conference and other gatherings.“Bank after bank came out and said things were tracking well,” Kotowsky said in his note on Friday. “Loan growth and net interest margins (NIM) were, if anything, better than expected; expenses OK; and credit continues to track better than expected. Clearly with Jamie Dimon’s ‘hurricane’ out there, 2Q22E doesn’t tell us much where we’ll be in 12–18 months, but so far the visible trends are generally favorable.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880944353,"gmtCreate":1631014687972,"gmtModify":1676530442414,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/880944353","repostId":"1114600332","repostType":4,"repost":{"id":"1114600332","pubTimestamp":1631014500,"share":"https://www.laohu8.com/m/news/1114600332?lang=&edition=full","pubTime":"2021-09-07 19:35","market":"us","language":"en","title":"Nano Dimension Is a Speculative Bet on the 3D Printing Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1114600332","media":"InvestorPlace","summary":"NNDM stock is overpriced and offers little value to long-term investors.\n\nIsraeli 3D-printing specia","content":"<blockquote>\n <b>NNDM stock is overpriced and offers little value to long-term investors.</b>\n</blockquote>\n<p>Israeli 3D-printing specialist<b>Nano Dimension</b>(NASDAQ:<b>NNDM</b>) stock has underperformed in the past several years.</p>\n<p>It has struggled to drive growth for its shareholders. The meme stock mania, though, propelled NNDM stock to highs of $17.80 earlier this year. &nbsp;However, the company continues to lack direction and offers little upside at this point.</p>\n<p>NNDM stock has been on quite the roller-coaster run this year. It is one of the stocks that have benefited from the retail trading frenzy. However, the stock has now lost most of its gains from the early half of the year.</p>\n<p>Despite the drop, it still trades at over 255x its trailing-12-month sales. NNDM stock has an overblown valuation at this point, and its questionable outlook makes a highly speculative bet.</p>\n<p><b>Lackluster Earnings Performance</b></p>\n<p>The pandemic has slowed down deliveries of Nano Dimension’s 3D DragonFly printers. It’s clients’ limited spending on equipment and the hoarding of cash reserves has limited growth.</p>\n<p>In the six months ended June 30, 2021, revenues rose from$990,000 to $1.62 million. The increase in revenues is unimpressive considering it made roughly $2 million in just the fourth quarter. Moreover, its net loss for the six months was $22.9 million, which rose 121.6% from the prior-year period.</p>\n<p>The massive increase in its net loss is attributable to its rising operational expenses.&nbsp; For the period,sales and marketing expenses rose to $8.72 million, which shot up almost 400% from the same period last year. &nbsp;The healthy increase in expenses is linked to payroll, share-based payment, and advertising costs.</p>\n<p>In the past six months, general and administrative expenseswere at a lofty $8.3 million, which also rose 329%. The massive increase was due to professional services expenses and share-based payments. More importantly, research and development expenses rose to $12.8 million compared to $3.6 million.</p>\n<p>From the numbers, it is clear that the business is in its early stages of development. However, the issue is that it trades like a mature company with a market cap of over $1.55 billion. The printed electronics market is expected to rise from$592 million in 2021 to $2.4 billionin 2025. Therefore, Nano Dimension’s market cap is more than the industry’s output at this time.</p>\n<p><b>Scalability</b></p>\n<p>One of the main concerns I have about NNDM stock is whether the company’s business is scalable. It’s operating in a relatively small market and hasn’t proved that its products can be scaled effectively at low costs. Hence, the chip shortage has led to businesses preferring conventional chip printing solutions rather than doing Nano Dimension’s fancy 3D solution.</p>\n<p>Another problem is the lack of organic growth. This year, it has acquired DeepCube and NanoFabrica in improving the performance of its management team and printers. So, it appears that its business is essentially dependent upon what businesses it can buy and what price.</p>\n<p>Additionally, the company’s printers cost around $250,000 per unit. If we look at its second-quarter results, it generatedroughly $811,000 in sales, indicates it sold just three printers. For a company with such a massive market cap and hardly any sales revenue, the figure is puzzling.</p>\n<p><b>The Bottom Line on NNDM Stock</b></p>\n<p>NNDM stock had a decent run this year. However, the retail trading interest in the stock has faded away, as the focus is squarely on its top-line growth and outlook.</p>\n<p>Nano Dimension has had it incredibly tough in boosting its organic sales. It lacks a clear vision and has therefore failed to scale its operations effectively. Moreover, it’s trading at a valuation that eclipses its total addressable market.</p>\n<p>NNDM stock is overbought and a highly speculative bet at this stage.</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>Nano Dimension Is a Speculative Bet on the 3D Printing Market</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\">\nNano Dimension Is a Speculative Bet on the 3D Printing Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 19:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/nndm-stock-is-a-speculative-bet-on-the-3d-printing-market/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NNDM stock is overpriced and offers little value to long-term investors.\n\nIsraeli 3D-printing specialistNano Dimension(NASDAQ:NNDM) stock has underperformed in the past several years.\nIt has struggled...</p>\n\n<a href=\"https://investorplace.com/2021/09/nndm-stock-is-a-speculative-bet-on-the-3d-printing-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NNDM":"Nano Dimension Ltd."},"source_url":"https://investorplace.com/2021/09/nndm-stock-is-a-speculative-bet-on-the-3d-printing-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114600332","content_text":"NNDM stock is overpriced and offers little value to long-term investors.\n\nIsraeli 3D-printing specialistNano Dimension(NASDAQ:NNDM) stock has underperformed in the past several years.\nIt has struggled to drive growth for its shareholders. The meme stock mania, though, propelled NNDM stock to highs of $17.80 earlier this year.  However, the company continues to lack direction and offers little upside at this point.\nNNDM stock has been on quite the roller-coaster run this year. It is one of the stocks that have benefited from the retail trading frenzy. However, the stock has now lost most of its gains from the early half of the year.\nDespite the drop, it still trades at over 255x its trailing-12-month sales. NNDM stock has an overblown valuation at this point, and its questionable outlook makes a highly speculative bet.\nLackluster Earnings Performance\nThe pandemic has slowed down deliveries of Nano Dimension’s 3D DragonFly printers. It’s clients’ limited spending on equipment and the hoarding of cash reserves has limited growth.\nIn the six months ended June 30, 2021, revenues rose from$990,000 to $1.62 million. The increase in revenues is unimpressive considering it made roughly $2 million in just the fourth quarter. Moreover, its net loss for the six months was $22.9 million, which rose 121.6% from the prior-year period.\nThe massive increase in its net loss is attributable to its rising operational expenses.  For the period,sales and marketing expenses rose to $8.72 million, which shot up almost 400% from the same period last year.  The healthy increase in expenses is linked to payroll, share-based payment, and advertising costs.\nIn the past six months, general and administrative expenseswere at a lofty $8.3 million, which also rose 329%. The massive increase was due to professional services expenses and share-based payments. More importantly, research and development expenses rose to $12.8 million compared to $3.6 million.\nFrom the numbers, it is clear that the business is in its early stages of development. However, the issue is that it trades like a mature company with a market cap of over $1.55 billion. The printed electronics market is expected to rise from$592 million in 2021 to $2.4 billionin 2025. Therefore, Nano Dimension’s market cap is more than the industry’s output at this time.\nScalability\nOne of the main concerns I have about NNDM stock is whether the company’s business is scalable. It’s operating in a relatively small market and hasn’t proved that its products can be scaled effectively at low costs. Hence, the chip shortage has led to businesses preferring conventional chip printing solutions rather than doing Nano Dimension’s fancy 3D solution.\nAnother problem is the lack of organic growth. This year, it has acquired DeepCube and NanoFabrica in improving the performance of its management team and printers. So, it appears that its business is essentially dependent upon what businesses it can buy and what price.\nAdditionally, the company’s printers cost around $250,000 per unit. If we look at its second-quarter results, it generatedroughly $811,000 in sales, indicates it sold just three printers. For a company with such a massive market cap and hardly any sales revenue, the figure is puzzling.\nThe Bottom Line on NNDM Stock\nNNDM stock had a decent run this year. However, the retail trading interest in the stock has faded away, as the focus is squarely on its top-line growth and outlook.\nNano Dimension has had it incredibly tough in boosting its organic sales. It lacks a clear vision and has therefore failed to scale its operations effectively. Moreover, it’s trading at a valuation that eclipses its total addressable market.\nNNDM stock is overbought and a highly speculative bet at this stage.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814501782,"gmtCreate":1630836251046,"gmtModify":1676530403586,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Oh wells","listText":"Oh wells","text":"Oh wells","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814501782","repostId":"1189766406","repostType":4,"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171033094,"gmtCreate":1626694691618,"gmtModify":1703763459883,"author":{"id":"3577669283580561","authorId":"3577669283580561","name":"siawli","avatar":"https://static.tigerbbs.com/0702fb7dc50a8941aaf047d4f82e84c8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171033094","repostId":"1135910714","repostType":4,"repost":{"id":"1135910714","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":1626692784,"share":"https://www.laohu8.com/m/news/1135910714?lang=&edition=full","pubTime":"2021-07-19 19:06","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1135910714","media":"Tiger Newspress","summary":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor","content":"<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July&nbsp;19)&nbsp;U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&amp;P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>:&nbsp;</b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> :&nbsp;</b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>:&nbsp;</b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a>: </b>Johnson &amp; Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&amp;J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust &amp; Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</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>Toplines Before US Market Open on Monday</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\">\nToplines Before US Market Open on Monday\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\">2021-07-19 19:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>The morning sell-off in stock futures is accelerating.</li>\n <li>Pershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.</li>\n <li>Oil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</li>\n</ul>\n<p>(July&nbsp;19)&nbsp;U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.</p>\n<p>At 8:09 a.m. ET,Futures for the S&amp;P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-100 fell 0.89%.</p>\n<p><img src=\"https://static.tigerbbs.com/78212dd3d7e6d2af95d4495fa43cf583\" tg-width=\"1242\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n<p>Surging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.</p>\n<p>“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.</p>\n<p>Business reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.</p>\n<p>Airlines and oil-and-gas companies were among the worst performers ahead of the bell in <a href=\"https://laohu8.com/S/NWY\">New York</a>.<a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleumlost 4.1%, <a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a> 3.6%,<a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group2.3% and $Delta <a href=\"https://laohu8.com/S/AIRI\">Air</a> Lines(DAL)$ 2.2%.</p>\n<p>One bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> shares slipped 2% in premarket trading.</p>\n<p>Worries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.</p>\n<p>Potential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand <a href=\"https://laohu8.com/S/JE\">Just</a> Eat Takeaway.com ticked higher.</p>\n<p>Among other stocks, Paris-listedVivendifell 1.2%. <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein <a href=\"https://laohu8.com/S/UVV\">Universal</a> Music Group. Mr. Ackman’s <a href=\"https://laohu8.com/S/PGLC\">Pershing</a> <a href=\"https://laohu8.com/S/SQ\">Square</a> said it would take a large stake in <a href=\"https://laohu8.com/S/UVV\">Universal</a>, which is majority owned by Vivendi, instead.</p>\n<p>Italian luxury fashion house Ermenegildo Zegna will go public on the <a href=\"https://laohu8.com/S/NYRT\">New York</a> Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in <a href=\"https://laohu8.com/S/NGD\">New</a> York.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p><b><a href=\"https://laohu8.com/S/PSTH.U\">Pershing Square Tontine Holdings</a>:&nbsp;</b>Billionaire investor William Ackman’s <a href=\"https://laohu8.com/S/PSTH\">Pershing Square Tontine Holdings</a> has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.</p>\n<p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> :&nbsp;</b>On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e2886cd35d2ac9d0ed7cf4d9056c678a\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/XPEV\">XPeng Inc.</a>:&nbsp;</b>Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/bbc962c414c77edbe87597c447261cac\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p><b><a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a>: </b>Johnson &amp; Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&amp;J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.</p>\n<p><img src=\"https://static.tigerbbs.com/ea35138cf94432dfdcd08c1528620d42\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<p>In Asia, technology giants <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned <a href=\"https://laohu8.com/S/AFG\">American</a> companies about the increasingrisks of operating in the financial hub.</p>\n<p>Japan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.</p>\n<p>David Chao, a market strategist at <a href=\"https://laohu8.com/S/IVZ\">Invesco</a>, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.</p>\n<p>Mr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.</p>\n<p><b>In FX, </b>the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust &amp; Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.</p>\n<p><b>Oil extended losses, </b>with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.</p>\n<p>Gold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135910714","content_text":"The morning sell-off in stock futures is accelerating.\nPershing Square Tontine Holdings, Tesla Motor, XPeng Inc. made the biggest moves in premarket trading.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\n\n(July 19) U.S. stock futures, oil prices and government bond yields slid, amid anxiety that the spread of the Delta coronavirus variant would hold back the global economy.\nAt 8:09 a.m. ET,Futures for the S&P 500 fell 1.11%, signaling opening losses for the broad stock-market gauge after itsnapped a three-week winning streak Friday. Contracts for the Dow Jones Industrial Average dropped 1.35%. Futures on the technology-focused Nasdaq-100 fell 0.89%.\n\nSurging cases of the coronavirusin many parts of the world, including highly-vaccinated countries such as the U.K., have prompted investors to dial down their expectations of economic growth in the coming months. Some also are concerned that a steep rise in prices will pinch consumption and prompt central banks to withdraw stimulus, creating an environment of lower growth and higher inflation in which stocks tend to struggle.\n“What you’re seeing is a sense that the consumer is starting to be affected quite significantly” by the jump in prices, said Sebastien Galy, senior macro strategist at Nordea Asset Management.\nBusiness reopenings, rising vaccination rates and government pandemic aid have helped propel rapid gains in consumer spending—the economy’s main driver. But surveys show that inflation, which accelerated to a 13-year high in the U.S. in June, is starting toknock consumers’ confidencein their ability to keep spending, Mr. Galy said.\nAirlines and oil-and-gas companies were among the worst performers ahead of the bell in New York.Occidental Petroleumlost 4.1%, ConocoPhillips 3.6%,American Airlines Group2.3% and $Delta Air Lines(DAL)$ 2.2%.\nOne bright spot wasFive9,which jumped 8.3% on news thatZoom Video Communicationsplans to buy the provider of cloud-based customer-service software in a deal valuing the firm at $14.7 billion. Zoom shares slipped 2% in premarket trading.\nWorries about the economic effects of the virus were evident in a broad retreat in global markets. The regional Stoxx Europe 600 slid 1.9%, led lower by shares of economically sensitive travel, leisure and commodities companies.\nPotential beneficiaries of a prolonged pandemic including food-delivery companiesHelloFresh,Deliverooand Just Eat Takeaway.com ticked higher.\nAmong other stocks, Paris-listedVivendifell 1.2%. Pershing Square Tontine, a blank-check company led by hedge-fund manager Bill Ackman, said it had dropped plans topurchase a 10% stakein Universal Music Group. Mr. Ackman’s Pershing Square said it would take a large stake in Universal, which is majority owned by Vivendi, instead.\nItalian luxury fashion house Ermenegildo Zegna will go public on the New York Stock Exchange later this year as part of a tie-up agreement with special-purpose acquisition corporation Investindustrial Acquisition. Shares of the SPAC, whose chairman is former UBS CEO Sergio Ermotti, edged down before the bell in New York.\nStocks making the biggest moves premarket:\nPershing Square Tontine Holdings: Billionaire investor William Ackman’s Pershing Square Tontine Holdings has dropped a deal to buy 10% of Vivendi’s Universal Music Group (UMG), the label that is home to musicians such as Taylor Swift.\nTesla Motors : On Saturday, Elon Musk's Tesla Inc launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports. Tesla offered the Full Self-Driving package for a one-time payment of $10,000. The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package. According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time. Tesla fell 2.28% in the premarket trading.\n\nXPeng Inc.: Xpeng Undercuts Tesla With P5 Sedan Priced Starting $24.7K, EV Maker Reports High Demand As It Begins Taking Pre-Order.Xpeng fell 2.13% in the premarket trading.\n\nJohnson & Johnson: Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter.J&J faces legal actions from tens of thousands of plaintiffs alleging its Baby Powder and other talc products contained asbestos and caused cancer. The plaintiffs include women suffering from ovarian cancer and others battling mesothelioma.\n\nIn Asia, technology giants Alibaba and Tencent weighed on Hong Kong’s Hang Seng Index, which had lost 1.8% by the close of trading. The losses came after the Biden administration on Friday warned American companies about the increasingrisks of operating in the financial hub.\nJapan’s Nikkei 225 dropped 1.3%. More athletes and staff members attending theTokyo Olympics have tested positive, while cases are surging in Indonesia. Sydney, Australia’s most populous city, is under lockdown because of a delta outbreak.\nDavid Chao, a market strategist at Invesco, said the spread of the delta variant across Asia, coupled with low vaccination rates and expectations of additional social-distancing measures, has “taken wind out of the sail for many investors expecting an economic rebound” in the region.\nMr. Chao said he expected investors to continue to pull funds out of Asian stocks and shift them to shares in developed markets with high inoculation rates, such as the U.S. and U.K.\nIn FX, the pound slumped to a three-month low and the FTSE 100 tumbled 1.9% after the U.K. lifted remaining virus curbs in England even as virus cases increased the most in the world, signaling the challenge nations face to fully reopen their economies. Australia’s dollar dropped to a seven-month low after state governments tightened and extended lockdown measures to contain the latest outbreak. The yen strengthened versus all of its Group-of-10 peers. Investors are seeking protection in currency options; data from the Depository Trust & Clearing Corporation show that volumes are running 10% higher than recent averages overall, with demand for Aussie and yuan exposure running at almost double the averages while the pound is almost at triple.\nOil extended losses, with WTI crude futures tumbling 3.8% to below $70/barrel after yesterday's OPEC+ deal which many saw as bullish but not CTAs which this morning are engaged in wholesale liquidation.\nGold, a perceived safe haven asset, was also down sliding to just above $1,800. On Sunday OPEC and its allies struck a deal that allows for monthly supply hikes of 400k b/d, putting the group back in control of the crude market. Oil refiners in Asia stayed on the sidelines awaiting price cuts after the OPEC+ deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}