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2022-01-18

$Sundial Growers Inc.(SNDL)$HODL

2021-09-12

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Sky-High Faang Stocks Were Never Anything But Screaming Bargains

2021-09-09

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The taper is starting. What happens next matters most

2021-09-07

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Investors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains

2021-09-06

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Zooming In On Zoom's Solid But Not Good Enough Results

2021-09-06

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Bitcoin rises back above $50,000

2021-09-03

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SEC charges Kraft Heinz, former executives in alleged years-long accounting scheme

2021-09-03

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IGT Signs Sports Betting Deal With Oneida Casino

2021-09-03

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Toplines Before US Market Open on Friday

2021-09-02

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2021-09-02

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Tech stocks send Nasdaq to fresh record close, boost S&P

2021-09-02

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Citi's Levkovich Admits "Significant" Mistakes In Bearish S&P Call, But Sticks With 4,000 Year-End Target

2021-09-02

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2021-09-01

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Toplines Before US Market Open on Wednesday

2021-08-31

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2021-08-25

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Is Cisco Stock A Buy? Analyst Day Slated For Sept. 15 Amid Shift To Software, Services

2021-08-25

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Wall St extends rally, pushing S&P 500 to 50th all-time high close this year

2021-08-23

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2021-08-21

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4 Stocks Insiders Are Selling

2021-08-17

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Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next

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I am waiting to buy 4900 shares soon.","text":"easy hodl. this will be bigger than anything. hee hee. I am waiting to buy 4900 shares soon.","html":"easy hodl. this will be bigger than anything. hee hee. I am waiting to buy 4900 shares soon."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888129603,"gmtCreate":1631459174302,"gmtModify":1676530551219,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888129603","repostId":"2166377033","repostType":2,"repost":{"id":"2166377033","kind":"news","pubTimestamp":1631504012,"share":"https://ttm.financial/m/news/2166377033?lang=&edition=fundamental","pubTime":"2021-09-13 11:33","market":"us","language":"en","title":"Sky-High Faang Stocks Were Never Anything But Screaming Bargains","url":"https://stock-news.laohu8.com/highlight/detail?id=2166377033","media":"Bloomberg","summary":" -- What explains the bull market’s ability to power on despite valuations that eclipse anything other than the dot-com bubble?Everything from passive investing to buybacks is trotted out to explain it, but the real reason is the uncanny predictability of corporate America’s earnings machine.Patience is being rewarded like at no other time. Thanks to a climb in profits that is as steady as it is steep, valuations that once made noses bleed turn out to be very reasonable when measured against inc","content":"<p>(Bloomberg) -- What explains the bull market’s ability to power on despite valuations that eclipse anything other than the dot-com bubble? Everything from passive investing to buybacks is trotted out to explain it, but the real reason is the uncanny predictability of corporate America’s earnings machine.</p>\n<p>Patience is being rewarded like at no other time. Thanks to a climb in profits that is as steady as it is steep, valuations that once made noses bleed turn out to be very reasonable when measured against income one or two years later. Call it retrospective P/E -- price divided by earnings that eventually come to pass.</p>\n<p>The result has been a rally that, while paling next to the late 1990s in terms of hysteria, has caught up in terms of duration. Every year, bears get more convinced the stock market will crash due to its high valuation. And every year it doesn’t.</p>\n<p>Case in point: the block of tech megacap companies known as the Faangs. Their tremendous ability to rapidly grow profits has defied Cassandras who said buying a Faang stock for more than 30 times earnings would haunt investors.</p>\n<p><img src=\"https://static.tigerbbs.com/a8276383dd4d2280d721ade3d6bf8db1\" tg-width=\"960\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p>\n<p>“Ultimately everything has to trade off fundamentals,” said Eric Marshall, a portfolio manager at Hodges Capital Management. “These Faang stocks are valued the way they are because they are disruptors -- they’ve changed the way people shop, they’ve changed the way people work, they’ve changed the way people consume media.”</p>\n<p>Take <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. in 2013, for instance. The stock looked gravely expensive one year after its debut, fetching a price-earnings ratio of 62 based on the income it generated in the previous 12 months. However, when measured against the profit that the social-media company made one year later, the stock cost only half as much.</p>\n<p>Amazon.com Inc. showed a similar story. The internet giant was traded at roughly 183 times reported earnings back then. When judged by earnings that materialized five years out, it was cheap -- for a multiple of 14.</p>\n<p>Needless to say, that year was the onset of a 530% rally for the Faangs -- Facebook, Apple Inc., Amazon, Microsoft Corp. and Google parent Alphabet Inc., an advance that easily dwarfs every major industry in the S&amp;P 500. Original Faang member Netflix Inc. has gained more than 1,000% since then.</p>\n<p>Bubble warnings were again heard when the broader market began to rally off the 2020 pandemic lows. Yet corporate profits have roared higher in such a spectacular fashion that those valuations, when analyzed against the actual earnings reported a year later, were almost 20% cheaper than analysts thought.</p>\n<p>Valuations are never great market-timing tools, yet they do matter in the long term since the more over-valued the market is, the lower its future returns. According to a study by Deutsche Bank AG, valuations similar to today’s have historically brought slightly negative returns on average in the ensuing five years.</p>\n<p>To Binky Chadha, Deutsche Bank’s chief strategist, current stretched multiples reflect confusion over exactly where the market is in the earnings cycle. With S&amp;P 500 firms exceeding analyst estimates by more than 15% for five quarters in a row, stocks are priced for a prolonged recovery and for large beats to continue, he says. Yet earnings are already 10% above the trend seen in past decades.</p>\n<p>“With the current cycle advancing very quickly, the risk that the correction is hard is growing,” Chadha wrote in a client note.</p>\n<p>Of course, there is no guarantee the great expectations embedded in share prices will come true, not even for the largest companies. While some of the Faangs just rode a resurgence in consumer and business spending to a quarter of record profits, Apple has warned that sales growth may be slowing amid a tight supply and Alphabet said it’s too early to forecast longer-term trends due to uncertainty over the pandemic.</p>\n<p>Not to mention the heightened regulatory scrutiny these behemoths face. Apple shares dropped more than 3% Friday after the iPhone maker was ordered by a court to allow developers to steer consumers to outside payment methods for mobile apps.</p>\n<p>Big tech bulls aren’t deterred. The Faang stocks have risen 8% this quarter, joining defensive shares like utilities as market leaders. While some say this is driven by desires for stable businesses amid heightened macro uncertainty, it’d be remiss to credit it all to a rush for safety.</p>\n<p><img src=\"https://static.tigerbbs.com/e0e73975d258a5fb607335c2cbbec006\" tg-width=\"960\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p>\n<p>Except for Amazon, the rest of the Faangs have all seen their earnings estimates rise, jumping an average 13% in the past three months. That compared with a 7.5% increase for the S&amp;P 500.</p>\n<p>Anyone who stared down the valuation warnings was proven right. The Faangs have added $8 trillion in share values since 2013, buttressed by an uninterrupted earnings expansion that endured the 2014-2015 oil shock and last year’s pandemic recession.</p>\n<p>And analysts’ estimates suggest the Faang bloc’s superior earnings strength will keep going, expanding at an annualized rate of 23% in the next three to five years, double the S&amp;P 500’s expected growth rate.</p>\n<p>“Their business models appear to be almost bulletproof,” said Mike Mullaney, director of global market research at Boston Partners. “I’m more willing to pay up for that.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sky-High Faang Stocks Were Never Anything But Screaming Bargains</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\">\nSky-High Faang Stocks Were Never Anything But Screaming Bargains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 11:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sky-high-faang-stocks-were-114500283.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- What explains the bull market’s ability to power on despite valuations that eclipse anything other than the dot-com bubble? Everything from passive investing to buybacks is trotted out ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sky-high-faang-stocks-were-114500283.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF","AAPL":"苹果","SH":"标普500反向ETF",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","GOOG":"谷歌","IVV":"标普500指数ETF","OEX":"标普100","GOOGL":"谷歌A"},"source_url":"https://finance.yahoo.com/news/sky-high-faang-stocks-were-114500283.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2166377033","content_text":"(Bloomberg) -- What explains the bull market’s ability to power on despite valuations that eclipse anything other than the dot-com bubble? Everything from passive investing to buybacks is trotted out to explain it, but the real reason is the uncanny predictability of corporate America’s earnings machine.\nPatience is being rewarded like at no other time. Thanks to a climb in profits that is as steady as it is steep, valuations that once made noses bleed turn out to be very reasonable when measured against income one or two years later. Call it retrospective P/E -- price divided by earnings that eventually come to pass.\nThe result has been a rally that, while paling next to the late 1990s in terms of hysteria, has caught up in terms of duration. Every year, bears get more convinced the stock market will crash due to its high valuation. And every year it doesn’t.\nCase in point: the block of tech megacap companies known as the Faangs. Their tremendous ability to rapidly grow profits has defied Cassandras who said buying a Faang stock for more than 30 times earnings would haunt investors.\n\n“Ultimately everything has to trade off fundamentals,” said Eric Marshall, a portfolio manager at Hodges Capital Management. “These Faang stocks are valued the way they are because they are disruptors -- they’ve changed the way people shop, they’ve changed the way people work, they’ve changed the way people consume media.”\nTake Facebook Inc. in 2013, for instance. The stock looked gravely expensive one year after its debut, fetching a price-earnings ratio of 62 based on the income it generated in the previous 12 months. However, when measured against the profit that the social-media company made one year later, the stock cost only half as much.\nAmazon.com Inc. showed a similar story. The internet giant was traded at roughly 183 times reported earnings back then. When judged by earnings that materialized five years out, it was cheap -- for a multiple of 14.\nNeedless to say, that year was the onset of a 530% rally for the Faangs -- Facebook, Apple Inc., Amazon, Microsoft Corp. and Google parent Alphabet Inc., an advance that easily dwarfs every major industry in the S&P 500. Original Faang member Netflix Inc. has gained more than 1,000% since then.\nBubble warnings were again heard when the broader market began to rally off the 2020 pandemic lows. Yet corporate profits have roared higher in such a spectacular fashion that those valuations, when analyzed against the actual earnings reported a year later, were almost 20% cheaper than analysts thought.\nValuations are never great market-timing tools, yet they do matter in the long term since the more over-valued the market is, the lower its future returns. According to a study by Deutsche Bank AG, valuations similar to today’s have historically brought slightly negative returns on average in the ensuing five years.\nTo Binky Chadha, Deutsche Bank’s chief strategist, current stretched multiples reflect confusion over exactly where the market is in the earnings cycle. With S&P 500 firms exceeding analyst estimates by more than 15% for five quarters in a row, stocks are priced for a prolonged recovery and for large beats to continue, he says. Yet earnings are already 10% above the trend seen in past decades.\n“With the current cycle advancing very quickly, the risk that the correction is hard is growing,” Chadha wrote in a client note.\nOf course, there is no guarantee the great expectations embedded in share prices will come true, not even for the largest companies. While some of the Faangs just rode a resurgence in consumer and business spending to a quarter of record profits, Apple has warned that sales growth may be slowing amid a tight supply and Alphabet said it’s too early to forecast longer-term trends due to uncertainty over the pandemic.\nNot to mention the heightened regulatory scrutiny these behemoths face. Apple shares dropped more than 3% Friday after the iPhone maker was ordered by a court to allow developers to steer consumers to outside payment methods for mobile apps.\nBig tech bulls aren’t deterred. The Faang stocks have risen 8% this quarter, joining defensive shares like utilities as market leaders. While some say this is driven by desires for stable businesses amid heightened macro uncertainty, it’d be remiss to credit it all to a rush for safety.\n\nExcept for Amazon, the rest of the Faangs have all seen their earnings estimates rise, jumping an average 13% in the past three months. That compared with a 7.5% increase for the S&P 500.\nAnyone who stared down the valuation warnings was proven right. The Faangs have added $8 trillion in share values since 2013, buttressed by an uninterrupted earnings expansion that endured the 2014-2015 oil shock and last year’s pandemic recession.\nAnd analysts’ estimates suggest the Faang bloc’s superior earnings strength will keep going, expanding at an annualized rate of 23% in the next three to five years, double the S&P 500’s expected growth rate.\n“Their business models appear to be almost bulletproof,” said Mike Mullaney, director of global market research at Boston Partners. “I’m more willing to pay up for that.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":719,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883398531,"gmtCreate":1631199988423,"gmtModify":1676530495660,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883398531","repostId":"1144589302","repostType":2,"repost":{"id":"1144589302","kind":"news","pubTimestamp":1631192439,"share":"https://ttm.financial/m/news/1144589302?lang=&edition=fundamental","pubTime":"2021-09-09 21:00","market":"us","language":"en","title":"The taper is starting. What happens next matters most","url":"https://stock-news.laohu8.com/highlight/detail?id=1144589302","media":"cnn","summary":"A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber","content":"<p>A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.</p>\n<p>London (CNN Business)On Tuesday, the Reserve Bank of Australia ripped off the stimulus band-aid and confirmed that it would start to scale back its bond-buying program this month despite concerns about the impact of the Delta coronavirus variant on the economy.</p>\n<p>The European Central Bank followed suit on Thursday, saying that it would make asset purchases at a \"moderately lower pace\" than in the previous two quarters.</p>\n<p>The decisions put Australian and European policymakers out in front of their colleagues in the United States and the United Kingdom, where plans to pare back emergency measures have been discussed but not finalized.</p>\n<p>But there's more to this story than the timetable. Instead, investors should look at the size and speed of the tapers, and examine how central bank policy is likely to change over a much longer time horizon.</p>\n<p>Australia, for example, is reducing weekly bond purchases from 5 billion Australian dollars to 4 billion Australian dollars, with buying continuing at that pace until early next year. Caution is still the word.</p>\n<p>\"The board's decision to extend the bond purchases at $4 billion a week until at least February 2022 reflects the delay in the economic recovery and the increased uncertainty associated with the Delta outbreak,\" the central bank said in its policy decision on Tuesday.</p>\n<p>In other words, we're still boosting the economy, just with slightly less juice than before.</p>\n<p>The ECB did not immediately expand on what it meant by \"a moderately lower pace\" of asset purchases, but said it may not need to buy the full €1.85 trillion ($2.2 trillion) authorized under its pandemic program.</p>\n<p>Investors will be listening for more details when ECB President Christine Lagarde speaks to reporters later on Thursday.</p>\n<p>But the future plans of the ECB and the Fed merit a closer look.</p>\n<p>What taper? The ECB's Pandemic Emergency Purchase Program won't be terminated until March 2022, even if the central bank judges that the coronavirus \"crisis phase\" is over.</p>\n<p>That stimulus comes on top of the roughly €20 billion ($23.7 billion) a month in bond purchases the ECB is making under a separate stimulus program initiated in 2014 called the Asset Purchase Program (APP).</p>\n<p>Analysts at Capital Economics expect the ECB to keep buying assets at a rate of around €90 billion ($106.6 billion) a month.</p>\n<p>\"While today's policy statement confirms that the ECB will reduce the pace of its asset purchases slightly compared to its average since March, this is a long way from being a 'full taper,'\" said Capital Economics.</p>\n<p>Even when the emergency pandemic program ends, many economists expect the ECB to increase bond purchases under the APP. And it goes without saying that an interest rate hike remains inconceivable any time soon.</p>\n<p>\"Will the ECB raise rates again in my lifetime?\" Societe Generale analyst Kit Juckes wondered aloud in a note to clients ahead of the ECB decision.</p>\n<p>The Federal Reserve is expected to begin scaling back its stimulus program later this year, with some policymakers calling for the program to end completely by the middle of 2022.</p>\n<p>\"The big picture is that the taper will get going this year and will end sometime by the first half of next year,\" James Bullard, president of the St. Louis Fed, told the Financial Times this week.</p>\n<p>Bullard said he wants the central bank to wrap up asset purchases in the first quarter of next year so that it's better prepared to combat inflation with interest rate hikes if price increases don't moderate as expected.</p>\n<p>Investors will need to wait for clarity from the Fed, which will issue its next monetary policy decision on September 22.</p>\n<p>Other factors the Fed will consider: Unemployment remains a problem in the United States, with the Delta variant contributing to a dreadful August jobs report. That's despite a record number of open jobs.</p>\n<p>And there was a sharp increase in bond yields — the \"taper tantrum\" — that occurred in 2013 when investors learned the Fed was winding down financial crisis-era quantitative easing program. The Fed doesn't want a repeat.</p>\n<p><b>Business travel still isn't happening</b></p>\n<p>This was the week when many workers were supposed to begin returning to offices, and business travelers started returning to the air.</p>\n<p>Neither of those things is happening the way US airlines had counted on, reports my CNN Business colleague Chris Isidore.</p>\n<p>With the rise of Covid-19 cases in recent months, many offices have pushed back reopening plans until later this fall or even into 2022. Without reopened offices to visit, many business travel plans have also been put on hold.</p>\n<p>\"Delaying back-to-office has an effect on business travel,\" said Philip Baggaley, chief credit analyst of transportation companies for Standard &amp; Poor's. \"It's harder to put together a trip where you see a bunch of different clients. And company travel policy can become more cautious.\"</p>\n<p>The numbers: In July, a survey of members by the Global Business Travel Association found 68% said they planned to begin business travel sometime in next three months. By August, that had dropped 35%.</p>\n<p>\"It's a pretty dramatic change of plans,\" said Adam Sacks, president of Tourism Economics. \"We expected to see some traction from business travel in the fall. Now we're not certain when it will happen.\"</p>\n<p><b>The debt ceiling is back</b></p>\n<p>The US government is about to run out money.</p>\n<p>Treasury Secretary Janet Yellen warned lawmakers on Wednesday that the US government will run out of money to pay its bills during the month of October unless they vote to raise the debt ceiling.</p>\n<p>What's this now? The debt ceiling is a legal limit on how much the US government can borrow, and (so far as we know) unique among developed economies.</p>\n<p>Remember: Raising the debt ceiling does not increase federal spending. All it does is allow the Treasury to cover the expenses that lawmakers in Congress — both Democrats and Republicans — have already authorized.</p>\n<p>But that doesn't prevent lawmakers — especially Republicans when there's a Democratic president — from using the debt ceiling to hold America hostage. If the debt ceiling doesn't go up, the United States defaults.</p>\n<p>\"It would be financial Armageddon,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business. \"It's complete craziness to even contemplate the idea of not paying our debt on time.\"</p>\n<p>Damaging debate: The politics around the debt ceiling are tiresome, to put it mildly. But they are also damaging to investors and businesses.</p>\n<p>\"We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States,\" Yellen wrote in a letter to House Speaker Nancy Pelosi on Wednesday.</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>The taper is starting. What happens next matters most</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe taper is starting. What happens next matters most\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/09/09/investing/premarket-stocks-trading/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.\nLondon (CNN Business)On Tuesday, the Reserve Bank of Australia ripped ...</p>\n\n<a href=\"https://edition.cnn.com/2021/09/09/investing/premarket-stocks-trading/index.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","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://edition.cnn.com/2021/09/09/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144589302","content_text":"A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.\nLondon (CNN Business)On Tuesday, the Reserve Bank of Australia ripped off the stimulus band-aid and confirmed that it would start to scale back its bond-buying program this month despite concerns about the impact of the Delta coronavirus variant on the economy.\nThe European Central Bank followed suit on Thursday, saying that it would make asset purchases at a \"moderately lower pace\" than in the previous two quarters.\nThe decisions put Australian and European policymakers out in front of their colleagues in the United States and the United Kingdom, where plans to pare back emergency measures have been discussed but not finalized.\nBut there's more to this story than the timetable. Instead, investors should look at the size and speed of the tapers, and examine how central bank policy is likely to change over a much longer time horizon.\nAustralia, for example, is reducing weekly bond purchases from 5 billion Australian dollars to 4 billion Australian dollars, with buying continuing at that pace until early next year. Caution is still the word.\n\"The board's decision to extend the bond purchases at $4 billion a week until at least February 2022 reflects the delay in the economic recovery and the increased uncertainty associated with the Delta outbreak,\" the central bank said in its policy decision on Tuesday.\nIn other words, we're still boosting the economy, just with slightly less juice than before.\nThe ECB did not immediately expand on what it meant by \"a moderately lower pace\" of asset purchases, but said it may not need to buy the full €1.85 trillion ($2.2 trillion) authorized under its pandemic program.\nInvestors will be listening for more details when ECB President Christine Lagarde speaks to reporters later on Thursday.\nBut the future plans of the ECB and the Fed merit a closer look.\nWhat taper? The ECB's Pandemic Emergency Purchase Program won't be terminated until March 2022, even if the central bank judges that the coronavirus \"crisis phase\" is over.\nThat stimulus comes on top of the roughly €20 billion ($23.7 billion) a month in bond purchases the ECB is making under a separate stimulus program initiated in 2014 called the Asset Purchase Program (APP).\nAnalysts at Capital Economics expect the ECB to keep buying assets at a rate of around €90 billion ($106.6 billion) a month.\n\"While today's policy statement confirms that the ECB will reduce the pace of its asset purchases slightly compared to its average since March, this is a long way from being a 'full taper,'\" said Capital Economics.\nEven when the emergency pandemic program ends, many economists expect the ECB to increase bond purchases under the APP. And it goes without saying that an interest rate hike remains inconceivable any time soon.\n\"Will the ECB raise rates again in my lifetime?\" Societe Generale analyst Kit Juckes wondered aloud in a note to clients ahead of the ECB decision.\nThe Federal Reserve is expected to begin scaling back its stimulus program later this year, with some policymakers calling for the program to end completely by the middle of 2022.\n\"The big picture is that the taper will get going this year and will end sometime by the first half of next year,\" James Bullard, president of the St. Louis Fed, told the Financial Times this week.\nBullard said he wants the central bank to wrap up asset purchases in the first quarter of next year so that it's better prepared to combat inflation with interest rate hikes if price increases don't moderate as expected.\nInvestors will need to wait for clarity from the Fed, which will issue its next monetary policy decision on September 22.\nOther factors the Fed will consider: Unemployment remains a problem in the United States, with the Delta variant contributing to a dreadful August jobs report. That's despite a record number of open jobs.\nAnd there was a sharp increase in bond yields — the \"taper tantrum\" — that occurred in 2013 when investors learned the Fed was winding down financial crisis-era quantitative easing program. The Fed doesn't want a repeat.\nBusiness travel still isn't happening\nThis was the week when many workers were supposed to begin returning to offices, and business travelers started returning to the air.\nNeither of those things is happening the way US airlines had counted on, reports my CNN Business colleague Chris Isidore.\nWith the rise of Covid-19 cases in recent months, many offices have pushed back reopening plans until later this fall or even into 2022. Without reopened offices to visit, many business travel plans have also been put on hold.\n\"Delaying back-to-office has an effect on business travel,\" said Philip Baggaley, chief credit analyst of transportation companies for Standard & Poor's. \"It's harder to put together a trip where you see a bunch of different clients. And company travel policy can become more cautious.\"\nThe numbers: In July, a survey of members by the Global Business Travel Association found 68% said they planned to begin business travel sometime in next three months. By August, that had dropped 35%.\n\"It's a pretty dramatic change of plans,\" said Adam Sacks, president of Tourism Economics. \"We expected to see some traction from business travel in the fall. Now we're not certain when it will happen.\"\nThe debt ceiling is back\nThe US government is about to run out money.\nTreasury Secretary Janet Yellen warned lawmakers on Wednesday that the US government will run out of money to pay its bills during the month of October unless they vote to raise the debt ceiling.\nWhat's this now? The debt ceiling is a legal limit on how much the US government can borrow, and (so far as we know) unique among developed economies.\nRemember: Raising the debt ceiling does not increase federal spending. All it does is allow the Treasury to cover the expenses that lawmakers in Congress — both Democrats and Republicans — have already authorized.\nBut that doesn't prevent lawmakers — especially Republicans when there's a Democratic president — from using the debt ceiling to hold America hostage. If the debt ceiling doesn't go up, the United States defaults.\n\"It would be financial Armageddon,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business. \"It's complete craziness to even contemplate the idea of not paying our debt on time.\"\nDamaging debate: The politics around the debt ceiling are tiresome, to put it mildly. But they are also damaging to investors and businesses.\n\"We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States,\" Yellen wrote in a letter to House Speaker Nancy Pelosi on Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817410960,"gmtCreate":1630979709250,"gmtModify":1676530433064,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/817410960","repostId":"2165809018","repostType":2,"repost":{"id":"2165809018","kind":"highlight","pubTimestamp":1630975805,"share":"https://ttm.financial/m/news/2165809018?lang=&edition=fundamental","pubTime":"2021-09-07 08:50","market":"us","language":"en","title":"Investors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2165809018","media":"MarketWatch","summary":"Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be","content":"<p>Even pros rarely beat the stock market</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c518e42fc389c9a262ce1a76a11d484e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Getty Images</span></p>\n<p>Beating the market is so difficult that you'd be excused for giving up.</p>\n<p>But unlike what happens when you give up elsewhere in life, in the investment arena it's actually a shrewd strategy for winning.</p>\n<p>After more than 40 years of rigorously auditing the performance of investment advisers, I have learned that over the long term, buying and holding an index fund that tracks the S&amp;P 500 or other broad index nearly always comes out ahead of all other attempts to do better, such as market timing or picking particular stocks, ETFs and mutual funds.</p>\n<p>It's amazing when you think about it: What other pursuit in life is there in which you can come close to winning every race by simply sitting on your hands and doing nothing?</p>\n<p>I'm not saying it's impossible to beat the market. What I am saying is that it's very difficult and rare. And it's even rarer for an adviser who beats the market in one period to do so in the successive period as well.</p>\n<p>I am not the first person to point this out. But what I can contribute to the debate is my extensive performance database that contains real-world returns back to 1980. It compellingly shows how impossibly low your odds are of winning when trying to beat the market.</p>\n<p>My first step in drawing investment lessons from my huge database was to construct a list of investment newsletter portfolios that at any point since 1980 were in the top 10% for performance in a given calendar year. Given how many newsletters my Hulbert Financial Digest has monitored over the years, this list of top decile performers was sizable, containing more than 1,500 portfolios. By construction, the percentiles of their performance rank all fell between 90 and 100, and averaged 95.</p>\n<p>What I wanted to measure was how these newsletter portfolios performed in the immediately succeeding year. If performance were a matter of pure skill, then we'd expect that they would have been in the top decile for performance in that second year as well--with an average percentile rank that also was 95.</p>\n<p>That's not what I found, however--not by a long shot. These newsletters' average percentile rank in that second year was just 51.5. That is statistically similar to the 50.0 it would have been if performance were a matter of pure luck.</p>\n<p>I next repeated this analysis for each of the other nine deciles for initial-year performance rank. As you can see from this chart, their expected ranks in the successive years were very close to the 50 percentile, regardless of their performance in the initial year.</p>\n<p><img src=\"https://static.tigerbbs.com/ebfad8a8d9638e4b57cf085b425e5742\" tg-width=\"700\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p>\n<p>The only exception came for newsletters in the bottom 10% for first-year return. The average second-year percentile ranking was 38.8--significantly below what you'd expect if performance were a matter of pure luck. In other words, it's a decent bet that one year's worst adviser will have a below-average performance in the subsequent year too.</p>\n<p>What these results mean: While investment advisory performance is not a matter of pure randomness, the deviations from randomness primarily occur among the worst performers--not the best. Unfortunately that doesn't help us to beat the market.</p>\n<p>By the way, don't think that you can wriggle out from these conclusions by arguing that other kinds of advisers are better than newsletter editors. At least in regards to the persistence (or lack thereof) between past and future performance, newsletter editors are no different than managers of mutual funds, ETFs, hedge funds and private-equity funds.</p>\n<p><b>Beware of arrogance</b></p>\n<p>While I believe the data are conclusive, I'm not holding my breath that it will persuade many of you to throw in the towel and go with an index fund. That's because the typical investor all too often believes that the poor odds of beating the market apply to everyone else but not to him individually.</p>\n<p>It reminds me of the famous study in which almost all of us indicate we're better-than-average drivers.</p>\n<p>This arrogance has obviously dangerous consequences on our roads and highways. But it's dangerous in the investment arena as well because it leads investors into incurring greater and greater risks.</p>\n<p>That creates a downward spiral: When the arrogant investor starts losing to the market, which inevitably happens sooner or later, he pursues an even riskier strategy to make up for his prior loss. That in turn invariably leads him to suffer even greater losses. And the cycle repeats.</p>\n<p>The temptation of arrogance is particularly evident when it comes to social media. Psychologists have found that younger investors are far more inclined to pursue risky strategies when they are being watched than when operating alone. This helps to explain the bravado that so frequently is exhibited on investment-focused social media platforms.</p>\n<p>Buying and holding an index fund is boring. Adherents are rarely drawn to social media in the first place, and even if they are, they rarely post that they are continuing to hold the same investment they've had for years.</p>\n<p><b>Beware of this trick, too</b></p>\n<p>A similar dynamic leads those who frequent social media to brag about their spectacular winners while ignoring their losers. One frequent way they do it is to annualize their returns from a short-term trade and then boast about that figure. Imagine a stock that goes from $10 to $11 in a week's time. In itself, that doesn't seem particularly remarkable. On an annualized basis, however, that is equivalent to a gain of more than 14,000%.</p>\n<p>Readers of these social media boasts initially must believe they are the only ones with a mixture of both winning and losing trades. Only later do they discover the unspoken rules of social media platforms: it's bad form to ask fellow investors about their losers, just like it's poor etiquette after a round of golf to ask the boastful golfer whether he actually beat par.</p>\n<p>Humility is a virtue in the investment area. We would do well to remember Socrates' famous line: \"I am the wisest man alive, for I know one thing, and that is that I know nothing.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains</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\">\nInvestors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 08:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be excused for giving up.\nBut unlike what happens when you give up elsewhere in life, in the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165809018","content_text":"Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be excused for giving up.\nBut unlike what happens when you give up elsewhere in life, in the investment arena it's actually a shrewd strategy for winning.\nAfter more than 40 years of rigorously auditing the performance of investment advisers, I have learned that over the long term, buying and holding an index fund that tracks the S&P 500 or other broad index nearly always comes out ahead of all other attempts to do better, such as market timing or picking particular stocks, ETFs and mutual funds.\nIt's amazing when you think about it: What other pursuit in life is there in which you can come close to winning every race by simply sitting on your hands and doing nothing?\nI'm not saying it's impossible to beat the market. What I am saying is that it's very difficult and rare. And it's even rarer for an adviser who beats the market in one period to do so in the successive period as well.\nI am not the first person to point this out. But what I can contribute to the debate is my extensive performance database that contains real-world returns back to 1980. It compellingly shows how impossibly low your odds are of winning when trying to beat the market.\nMy first step in drawing investment lessons from my huge database was to construct a list of investment newsletter portfolios that at any point since 1980 were in the top 10% for performance in a given calendar year. Given how many newsletters my Hulbert Financial Digest has monitored over the years, this list of top decile performers was sizable, containing more than 1,500 portfolios. By construction, the percentiles of their performance rank all fell between 90 and 100, and averaged 95.\nWhat I wanted to measure was how these newsletter portfolios performed in the immediately succeeding year. If performance were a matter of pure skill, then we'd expect that they would have been in the top decile for performance in that second year as well--with an average percentile rank that also was 95.\nThat's not what I found, however--not by a long shot. These newsletters' average percentile rank in that second year was just 51.5. That is statistically similar to the 50.0 it would have been if performance were a matter of pure luck.\nI next repeated this analysis for each of the other nine deciles for initial-year performance rank. As you can see from this chart, their expected ranks in the successive years were very close to the 50 percentile, regardless of their performance in the initial year.\n\nThe only exception came for newsletters in the bottom 10% for first-year return. The average second-year percentile ranking was 38.8--significantly below what you'd expect if performance were a matter of pure luck. In other words, it's a decent bet that one year's worst adviser will have a below-average performance in the subsequent year too.\nWhat these results mean: While investment advisory performance is not a matter of pure randomness, the deviations from randomness primarily occur among the worst performers--not the best. Unfortunately that doesn't help us to beat the market.\nBy the way, don't think that you can wriggle out from these conclusions by arguing that other kinds of advisers are better than newsletter editors. At least in regards to the persistence (or lack thereof) between past and future performance, newsletter editors are no different than managers of mutual funds, ETFs, hedge funds and private-equity funds.\nBeware of arrogance\nWhile I believe the data are conclusive, I'm not holding my breath that it will persuade many of you to throw in the towel and go with an index fund. That's because the typical investor all too often believes that the poor odds of beating the market apply to everyone else but not to him individually.\nIt reminds me of the famous study in which almost all of us indicate we're better-than-average drivers.\nThis arrogance has obviously dangerous consequences on our roads and highways. But it's dangerous in the investment arena as well because it leads investors into incurring greater and greater risks.\nThat creates a downward spiral: When the arrogant investor starts losing to the market, which inevitably happens sooner or later, he pursues an even riskier strategy to make up for his prior loss. That in turn invariably leads him to suffer even greater losses. And the cycle repeats.\nThe temptation of arrogance is particularly evident when it comes to social media. Psychologists have found that younger investors are far more inclined to pursue risky strategies when they are being watched than when operating alone. This helps to explain the bravado that so frequently is exhibited on investment-focused social media platforms.\nBuying and holding an index fund is boring. Adherents are rarely drawn to social media in the first place, and even if they are, they rarely post that they are continuing to hold the same investment they've had for years.\nBeware of this trick, too\nA similar dynamic leads those who frequent social media to brag about their spectacular winners while ignoring their losers. One frequent way they do it is to annualize their returns from a short-term trade and then boast about that figure. Imagine a stock that goes from $10 to $11 in a week's time. In itself, that doesn't seem particularly remarkable. On an annualized basis, however, that is equivalent to a gain of more than 14,000%.\nReaders of these social media boasts initially must believe they are the only ones with a mixture of both winning and losing trades. Only later do they discover the unspoken rules of social media platforms: it's bad form to ask fellow investors about their losers, just like it's poor etiquette after a round of golf to ask the boastful golfer whether he actually beat par.\nHumility is a virtue in the investment area. We would do well to remember Socrates' famous line: \"I am the wisest man alive, for I know one thing, and that is that I know nothing.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":915,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814725048,"gmtCreate":1630886837384,"gmtModify":1676530410657,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814725048","repostId":"2164872049","repostType":4,"repost":{"id":"2164872049","kind":"highlight","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":1630679468,"share":"https://ttm.financial/m/news/2164872049?lang=&edition=fundamental","pubTime":"2021-09-03 22:31","market":"us","language":"en","title":"Zooming In On Zoom's Solid But Not Good Enough Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2164872049","media":"Benzinga","summary":"Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ: ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows.","content":"<p>Despite logging its first billion-dollar quarter, the stock of&nbsp;<b>Zoom</b>&nbsp;<b>Video Communications</b> (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.</p>\n<h4>Q2 Figures</h4>\n<p>For the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter &nbsp;and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.</p>\n<p>Gross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.</p>\n<h4>Outlook</h4>\n<p>During the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.</p>\n<p>As for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.</p>\n<p>For the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.</p>\n<p>The forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.</p>\n<p>The guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.</p>\n<h4>The Verdict</h4>\n<p>By most standards,&nbsp;Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.</p>\n<p><i>This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com</i></p>\n<p>The post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.</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>Zooming In On Zoom's Solid But Not Good Enough Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZooming In On Zoom's Solid But Not Good Enough Results\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\">2021-09-03 22:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Despite logging its first billion-dollar quarter, the stock of&nbsp;<b>Zoom</b>&nbsp;<b>Video Communications</b> (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.</p>\n<h4>Q2 Figures</h4>\n<p>For the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter &nbsp;and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.</p>\n<p>Gross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.</p>\n<h4>Outlook</h4>\n<p>During the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.</p>\n<p>As for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.</p>\n<p>For the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.</p>\n<p>The forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.</p>\n<p>The guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.</p>\n<h4>The Verdict</h4>\n<p>By most standards,&nbsp;Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.</p>\n<p><i>This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com</i></p>\n<p>The post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164872049","content_text":"Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.\nQ2 Figures\nFor the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter  and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.\nGross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.\nOutlook\nDuring the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.\nAs for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.\nFor the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.\nThe forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.\nThe guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.\nThe Verdict\nBy most standards, Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.\nThis article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com\nThe post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814722928,"gmtCreate":1630886793664,"gmtModify":1676530410632,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814722928","repostId":"2165804101","repostType":4,"repost":{"id":"2165804101","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630836177,"share":"https://ttm.financial/m/news/2165804101?lang=&edition=fundamental","pubTime":"2021-09-05 18:02","market":"fut","language":"en","title":"Bitcoin rises back above $50,000","url":"https://stock-news.laohu8.com/highlight/detail?id=2165804101","media":"Reuters","summary":"Sept 5 (Reuters) - Bitcoin rose 0.49% to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its prev","content":"<p>Sept 5 (Reuters) - Bitcoin rose 0.49% to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its previous close.</p>\n<p>The world's biggest and best-known cryptocurrency is up 81% from this year's low of $27,734 on Jan. 4.</p>\n<p>Ether, the coin linked to the ethereum blockchain network, rose 1.16% to $3,932.07 on Sunday, adding $44.97 to its previous close.</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>Bitcoin rises back above $50,000</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 rises back above $50,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-05 18:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sept 5 (Reuters) - Bitcoin rose 0.49% to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its previous close.</p>\n<p>The world's biggest and best-known cryptocurrency is up 81% from this year's low of $27,734 on Jan. 4.</p>\n<p>Ether, the coin linked to the ethereum blockchain network, rose 1.16% to $3,932.07 on Sunday, adding $44.97 to its previous close.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165804101","content_text":"Sept 5 (Reuters) - Bitcoin rose 0.49% to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its previous close.\nThe world's biggest and best-known cryptocurrency is up 81% from this year's low of $27,734 on Jan. 4.\nEther, the coin linked to the ethereum blockchain network, rose 1.16% to $3,932.07 on Sunday, adding $44.97 to its previous close.","news_type":1},"isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815683041,"gmtCreate":1630675573183,"gmtModify":1676530373039,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815683041","repostId":"1106356660","repostType":4,"repost":{"id":"1106356660","kind":"news","pubTimestamp":1630675056,"share":"https://ttm.financial/m/news/1106356660?lang=&edition=fundamental","pubTime":"2021-09-03 21:17","market":"us","language":"en","title":"SEC charges Kraft Heinz, former executives in alleged years-long accounting scheme","url":"https://stock-news.laohu8.com/highlight/detail?id=1106356660","media":"seekingalpha","summary":"The U.S. Securities and Exchange Commission charged Kraft Heinz Co.(NASDAQ:KHC)with allegedly engagi","content":"<ul>\n <li>The U.S. Securities and Exchange Commission charged Kraft Heinz Co.(NASDAQ:KHC)with allegedly engaging in a long-running \"expense management scheme\"that resulted in several years of restatements.</li>\n <li>The SEC also&nbsp;charged Kraft's former Chief Operating Officer&nbsp;Eduardo Pelleissone&nbsp;and its former Chief Procurement Officer&nbsp;Klaus Hofmann&nbsp;for their alleged \"misconduct\" related to the scheme, according to astatement.</li>\n <li>Without admitting or denying the SEC's findings, Kraft agreed to a cease and desist from future violations and pay a civil penalty of $62M.</li>\n <li>The SEC claims that from the last quarter of 2015 to the end of 2018 Kraft engaged in various forms of \"accounting misconduct,\" including recognizing unearned discounts from suppliers and maintaining \"false and misleading\" supplier contracts. The accounting \"improprieties\" resulted in Kraft (KHC) reporting inflated adjusted EBITDA.</li>\n <li>In June 2019, Kraft restated its financials, correcting a $208m in \"improperly-recognized\" costs savings over nearly 300 transactions.</li>\n <li>Recall June 2019,Kraft Heinz files annual report, 'returning to path of normalization&nbsp;andMay 2019,&nbsp;Kraft -3% after accounting update.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEC charges Kraft Heinz, former executives in alleged years-long accounting scheme</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\">\nSEC charges Kraft Heinz, former executives in alleged years-long accounting scheme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 21:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3737149-sec-charge-kraft-heinz-former-executives-in-alleged-years-long-accounting-scheme><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. Securities and Exchange Commission charged Kraft Heinz Co.(NASDAQ:KHC)with allegedly engaging in a long-running \"expense management scheme\"that resulted in several years of restatements.\nThe ...</p>\n\n<a href=\"https://seekingalpha.com/news/3737149-sec-charge-kraft-heinz-former-executives-in-alleged-years-long-accounting-scheme\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KHC":"卡夫亨氏"},"source_url":"https://seekingalpha.com/news/3737149-sec-charge-kraft-heinz-former-executives-in-alleged-years-long-accounting-scheme","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1106356660","content_text":"The U.S. Securities and Exchange Commission charged Kraft Heinz Co.(NASDAQ:KHC)with allegedly engaging in a long-running \"expense management scheme\"that resulted in several years of restatements.\nThe SEC also charged Kraft's former Chief Operating Officer Eduardo Pelleissone and its former Chief Procurement Officer Klaus Hofmann for their alleged \"misconduct\" related to the scheme, according to astatement.\nWithout admitting or denying the SEC's findings, Kraft agreed to a cease and desist from future violations and pay a civil penalty of $62M.\nThe SEC claims that from the last quarter of 2015 to the end of 2018 Kraft engaged in various forms of \"accounting misconduct,\" including recognizing unearned discounts from suppliers and maintaining \"false and misleading\" supplier contracts. The accounting \"improprieties\" resulted in Kraft (KHC) reporting inflated adjusted EBITDA.\nIn June 2019, Kraft restated its financials, correcting a $208m in \"improperly-recognized\" costs savings over nearly 300 transactions.\nRecall June 2019,Kraft Heinz files annual report, 'returning to path of normalization andMay 2019, Kraft -3% after accounting update.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815689145,"gmtCreate":1630675502787,"gmtModify":1676530373031,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815689145","repostId":"1142162122","repostType":4,"repost":{"id":"1142162122","kind":"news","pubTimestamp":1630675377,"share":"https://ttm.financial/m/news/1142162122?lang=&edition=fundamental","pubTime":"2021-09-03 21:22","market":"us","language":"en","title":"IGT Signs Sports Betting Deal With Oneida Casino","url":"https://stock-news.laohu8.com/highlight/detail?id=1142162122","media":"Benzinga","summary":"International Game Technology PLC  has signed an agreement to power sports betting with Oneida Casin","content":"<ul>\n <li><b>International Game Technology PLC</b>&nbsp;&nbsp;has signed an agreement to power sports betting with&nbsp;<b>Oneida Casino</b>&nbsp;on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.</li>\n <li>The agreement will allow IGT to expand its PlaySports platform footprint into Wisconsin.</li>\n <li>Oneida Casino, located at 2020 Airport Drive in Green Bay, will leverage IGT's PlaySports solution for retail and mobile sports betting.</li>\n <li>The Oneida Nation is the first tribe in Wisconsin to receive approval from the State government to operate a sports betting program at a casino.</li>\n <li><b>Price Action:</b>&nbsp;IGT shares closed higher by 1.56% at $21.49 on Thursday.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IGT Signs Sports Betting Deal With Oneida Casino</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\">\nIGT Signs Sports Betting Deal With Oneida Casino\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 21:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>International Game Technology PLC  has signed an agreement to power sports betting with Oneida Casino on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.\nThe ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IGT":"国际游戏科技"},"source_url":"https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142162122","content_text":"International Game Technology PLC  has signed an agreement to power sports betting with Oneida Casino on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.\nThe agreement will allow IGT to expand its PlaySports platform footprint into Wisconsin.\nOneida Casino, located at 2020 Airport Drive in Green Bay, will leverage IGT's PlaySports solution for retail and mobile sports betting.\nThe Oneida Nation is the first tribe in Wisconsin to receive approval from the State government to operate a sports betting program at a casino.\nPrice Action: IGT shares closed higher by 1.56% at $21.49 on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815680435,"gmtCreate":1630675467127,"gmtModify":1676530373016,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good news!","listText":"Good news!","text":"Good news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815680435","repostId":"1136677026","repostType":2,"repost":{"id":"1136677026","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630670958,"share":"https://ttm.financial/m/news/1136677026?lang=&edition=fundamental","pubTime":"2021-09-03 20:09","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1136677026","media":"Tiger Newspress","summary":"U.S. stock index futures held near record highs on Friday as all attention shifted to the highly ant","content":"<p>U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&amp;P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5654a93189551099412c1148187624d6\" tg-width=\"914\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The S&amp;P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.</p>\n<p>The labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a> – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.</p>\n<p><a href=\"https://laohu8.com/S/MDB\">MongoDB Inc.</a> – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PD\">PagerDuty, Inc.</a> – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.</p>\n<p><a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.</p>\n<p><a href=\"https://laohu8.com/S/WDC\">Western Digital</a> – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.</p>\n<p><a href=\"https://laohu8.com/S/DOCU\">Docusign</a> – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.</p>\n<p><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.</p>\n<p><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.</p>\n<p><a href=\"https://laohu8.com/S/ACB\">Aurora Cannabis Inc</a> – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.</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 Friday</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\">\nToplines Before US Market Open on Friday\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\">2021-09-03 20:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&amp;P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5654a93189551099412c1148187624d6\" tg-width=\"914\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The S&amp;P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.</p>\n<p>The labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a> – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.</p>\n<p><a href=\"https://laohu8.com/S/MDB\">MongoDB Inc.</a> – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PD\">PagerDuty, Inc.</a> – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.</p>\n<p><a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.</p>\n<p><a href=\"https://laohu8.com/S/WDC\">Western Digital</a> – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.</p>\n<p><a href=\"https://laohu8.com/S/DOCU\">Docusign</a> – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.</p>\n<p><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.</p>\n<p><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.</p>\n<p><a href=\"https://laohu8.com/S/ACB\">Aurora Cannabis Inc</a> – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136677026","content_text":"U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.\nAt 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.\n*Source From Tiger Trade, EST 08:05\nThe S&P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.\nThe labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.\nStocks making the biggest moves in the premarket:\nNetflix – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.\nMongoDB Inc. – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.\nPagerDuty, Inc. – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.\nHewlett Packard Enterprise – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.\nWestern Digital – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.\nDocusign – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.\nBroadcom – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.\nfuboTV Inc. – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.\nAurora Cannabis Inc – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.\nMicroStrategy – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":728,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812393834,"gmtCreate":1630550686528,"gmtModify":1676530337855,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812393834","repostId":"1121030066","repostType":4,"isVote":1,"tweetType":1,"viewCount":810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812393994,"gmtCreate":1630550663918,"gmtModify":1676530337846,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812393994","repostId":"2164481914","repostType":4,"repost":{"id":"2164481914","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630529217,"share":"https://ttm.financial/m/news/2164481914?lang=&edition=fundamental","pubTime":"2021-09-02 04:46","market":"us","language":"en","title":"Tech stocks send Nasdaq to fresh record close, boost S&P","url":"https://stock-news.laohu8.com/highlight/detail?id=2164481914","media":"Reuters","summary":"Gains for tech stocks, utilities and real estate.\nAugust private jobs growth misses expectations.\nIn","content":"<ul>\n <li>Gains for tech stocks, utilities and real estate.</li>\n <li>August private jobs growth misses expectations.</li>\n <li>Indexes: Dow falls 0.14%, S&amp;P up 0.03%, Nasdaq rises 0.33%.</li>\n</ul>\n<p>Sept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&amp;P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.</p>\n<p>Technology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.</p>\n<p>Utilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.</p>\n<p>\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.</p>\n<p>Wall Street's main indexes have hit record highs recently, with the benchmark S&amp;P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.</p>\n<p>Each new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.</p>\n<p>A report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.</p>\n<p>Another set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.</p>\n<p>\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.</p>\n<p>The Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&amp;P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.</p>\n<p>Falling 1.5% on the day, and down for the third straight session, was the energy index.</p>\n<p>Crude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established&nbsp;More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.</p>\n<p><a href=\"https://laohu8.com/S/PBF\">PBF Energy</a> Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.</p>\n<p>Volume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</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>Tech stocks send Nasdaq to fresh record close, boost S&P</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\">\nTech stocks send Nasdaq to fresh record close, boost S&P\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-02 04:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Gains for tech stocks, utilities and real estate.</li>\n <li>August private jobs growth misses expectations.</li>\n <li>Indexes: Dow falls 0.14%, S&amp;P up 0.03%, Nasdaq rises 0.33%.</li>\n</ul>\n<p>Sept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&amp;P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.</p>\n<p>Technology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.</p>\n<p>Utilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.</p>\n<p>\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.</p>\n<p>Wall Street's main indexes have hit record highs recently, with the benchmark S&amp;P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.</p>\n<p>Each new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.</p>\n<p>A report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.</p>\n<p>Another set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.</p>\n<p>\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.</p>\n<p>The Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&amp;P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.</p>\n<p>Falling 1.5% on the day, and down for the third straight session, was the energy index.</p>\n<p>Crude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established&nbsp;More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.</p>\n<p><a href=\"https://laohu8.com/S/PBF\">PBF Energy</a> Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.</p>\n<p>Volume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164481914","content_text":"Gains for tech stocks, utilities and real estate.\nAugust private jobs growth misses expectations.\nIndexes: Dow falls 0.14%, S&P up 0.03%, Nasdaq rises 0.33%.\n\nSept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.\nTechnology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and Facebook Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.\nUtilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.\n\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.\nWall Street's main indexes have hit record highs recently, with the benchmark S&P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.\nEach new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.\nA report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.\nAnother set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.\n\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.\nThe Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.\nFalling 1.5% on the day, and down for the third straight session, was the energy index.\nCrude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.\nPBF Energy Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.\nVolume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.\nThe S&P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812399743,"gmtCreate":1630550644682,"gmtModify":1676530337838,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812399743","repostId":"1110833427","repostType":2,"repost":{"id":"1110833427","kind":"news","pubTimestamp":1630545932,"share":"https://ttm.financial/m/news/1110833427?lang=&edition=fundamental","pubTime":"2021-09-02 09:25","market":"us","language":"en","title":"Citi's Levkovich Admits \"Significant\" Mistakes In Bearish S&P Call, But Sticks With 4,000 Year-End Target","url":"https://stock-news.laohu8.com/highlight/detail?id=1110833427","media":"zerohedge","summary":"Last Friday, Powell's unexpectedly dovish Jackson Hole speech sparked another melt-up in risk assets","content":"<p>Last Friday, Powell's&nbsp;unexpectedly&nbsp;dovish Jackson Hole speech sparked another melt-up in risk assets.</p>\n<p>Ahead of the latest rally, Wall Street's most bearish strategists such as Citigroup's top strategist Tobias Levkovich, had issued multiple dire warnings about a&nbsp;euphoria on Wall Street&nbsp;and how markets&nbsp;resemble 1999. His year-end equity call for the S&amp;P 500 is 4,000 but has been forced to acknowledge in a note to clients he's made \"significant\" mistakes in his prediction.</p>\n<p>Levkovich is still holding to his guns and predicting the benchmark will end this year at 4,000 before reaching 4,350 by June 2022.</p>\n<p><img src=\"https://static.tigerbbs.com/233e706438c7821d08da6e99c1d003cd\" tg-width=\"1161\" tg-height=\"514\" referrerpolicy=\"no-referrer\">Supporting Levkovich's bearish views are striking \"parallels between current conditions and those of 1999.\"</p>\n<p>As shown in Panic/Euphoria Model - which considers factors including the number of investor positions anticipating a fall in stocks, levels have exceeded the Dot Com period.</p>\n<p><img src=\"https://static.tigerbbs.com/b7032afec5da466f9c8d247282d9d16a\" tg-width=\"1068\" tg-height=\"783\" referrerpolicy=\"no-referrer\">Besides stock market euphoria, stretched valuations, and a planned tax increase will deteriorate corporate profits, there have been other reasons for Levkovich's bearishness.</p>\n<p><b><i>\"Caution that proves to be wrong can cost one a career,\"</i></b><i>Levkovich told clients in a note last week, quoted by Bloomberg.</i><b><i>\"Nevertheless, we feel compelled to stand by our analytical process.\"</i></b></p>\n<p>In term's of valuations,&nbsp;Levkovich is right - equities are way overvalued compared to historical norms.</p>\n<p><img src=\"https://static.tigerbbs.com/a9b9f65689e75f8a52c80370d0a8ccf2\" tg-width=\"1151\" tg-height=\"520\" referrerpolicy=\"no-referrer\">Levkovich added that crazed retail chasing any stock that moves amid unprecedented Federal Reserve bond-buying, suppressing volatility and enabling high amounts of speculation, could peak when the central bank is poised to rein in its asset purchases. Investors should expect multiples to come back in.</p>\n<blockquote>\n <i>\"We suspect that these items may not be drivers going forward and other factors including euphoric sentiment and stretched valuation become more impactful, offset to some degree by reinvigorated share repurchase programs,\" he said. \"The stock market needs to consolidate the past 18 months' worth of gains and portfolio managers require more visibility into 2022 profits.\"</i>\n</blockquote>\n<p>Mike Wilson, the chief U.S. equity strategist at&nbsp;Morgan Stanley,&nbsp;is in the same camp as Levkovich, who expects a 10%+ S&amp;P 500 correction. Two weeks ago, Wilsonreluctantly raised his S&amp;P price targetto 4,000 from 3,900. Meanwhile, Goldman's David Kostin is on the opposite side of the bet, last month hiking his year-end S&amp;P price target from 4300 to 4,700, up about 7% from here, justifying his optimism byunexpectedly low bond yields which traditionally<i><b>represent a slowing economy.</b></i>In other words, stocks will rise because the economy will slow from here. Just brilliant.</p>\n<p>Here's where the&nbsp;equity strategist stand with their S&amp;P 500 year-end targets.</p>\n<p><img src=\"https://static.tigerbbs.com/8592b798abc81df38132b731c86a756b\" tg-width=\"641\" tg-height=\"509\" referrerpolicy=\"no-referrer\">And before one mock either of the strategists, it's worth reminding that this market remains a<s>joke</s>\"mystery\" to all: as Steve Chiavarone, a portfolio manager and head of multi-asset solutions at Federated Hermes,told Bloomberglast week, “If someone would have told me in March of last year, when Covid was first rearing its ugly head, that 18 months later we would have case counts that are as high—if not higher—than they were on that day, but that the market would have doubled over that 18-month period, I would have laughed at them.”</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>Citi's Levkovich Admits \"Significant\" Mistakes In Bearish S&P Call, But Sticks With 4,000 Year-End Target</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\">\nCiti's Levkovich Admits \"Significant\" Mistakes In Bearish S&P Call, But Sticks With 4,000 Year-End Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/citis-levkovich-tells-clients-significant-mistakes-bearish-sp-500-call-sticks-4000-year-end><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last Friday, Powell's unexpectedly dovish Jackson Hole speech sparked another melt-up in risk assets.\nAhead of the latest rally, Wall Street's most bearish strategists such as Citigroup's top ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/citis-levkovich-tells-clients-significant-mistakes-bearish-sp-500-call-sticks-4000-year-end\">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","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/citis-levkovich-tells-clients-significant-mistakes-bearish-sp-500-call-sticks-4000-year-end","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110833427","content_text":"Last Friday, Powell's unexpectedly dovish Jackson Hole speech sparked another melt-up in risk assets.\nAhead of the latest rally, Wall Street's most bearish strategists such as Citigroup's top strategist Tobias Levkovich, had issued multiple dire warnings about a euphoria on Wall Street and how markets resemble 1999. His year-end equity call for the S&P 500 is 4,000 but has been forced to acknowledge in a note to clients he's made \"significant\" mistakes in his prediction.\nLevkovich is still holding to his guns and predicting the benchmark will end this year at 4,000 before reaching 4,350 by June 2022.\nSupporting Levkovich's bearish views are striking \"parallels between current conditions and those of 1999.\"\nAs shown in Panic/Euphoria Model - which considers factors including the number of investor positions anticipating a fall in stocks, levels have exceeded the Dot Com period.\nBesides stock market euphoria, stretched valuations, and a planned tax increase will deteriorate corporate profits, there have been other reasons for Levkovich's bearishness.\n\"Caution that proves to be wrong can cost one a career,\"Levkovich told clients in a note last week, quoted by Bloomberg.\"Nevertheless, we feel compelled to stand by our analytical process.\"\nIn term's of valuations, Levkovich is right - equities are way overvalued compared to historical norms.\nLevkovich added that crazed retail chasing any stock that moves amid unprecedented Federal Reserve bond-buying, suppressing volatility and enabling high amounts of speculation, could peak when the central bank is poised to rein in its asset purchases. Investors should expect multiples to come back in.\n\n\"We suspect that these items may not be drivers going forward and other factors including euphoric sentiment and stretched valuation become more impactful, offset to some degree by reinvigorated share repurchase programs,\" he said. \"The stock market needs to consolidate the past 18 months' worth of gains and portfolio managers require more visibility into 2022 profits.\"\n\nMike Wilson, the chief U.S. equity strategist at Morgan Stanley, is in the same camp as Levkovich, who expects a 10%+ S&P 500 correction. Two weeks ago, Wilsonreluctantly raised his S&P price targetto 4,000 from 3,900. Meanwhile, Goldman's David Kostin is on the opposite side of the bet, last month hiking his year-end S&P price target from 4300 to 4,700, up about 7% from here, justifying his optimism byunexpectedly low bond yields which traditionallyrepresent a slowing economy.In other words, stocks will rise because the economy will slow from here. Just brilliant.\nHere's where the equity strategist stand with their S&P 500 year-end targets.\nAnd before one mock either of the strategists, it's worth reminding that this market remains ajoke\"mystery\" to all: as Steve Chiavarone, a portfolio manager and head of multi-asset solutions at Federated Hermes,told Bloomberglast week, “If someone would have told me in March of last year, when Covid was first rearing its ugly head, that 18 months later we would have case counts that are as high—if not higher—than they were on that day, but that the market would have doubled over that 18-month period, I would have laughed at them.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812399335,"gmtCreate":1630550619927,"gmtModify":1676530337788,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Nice!!","listText":"Nice!!","text":"Nice!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812399335","repostId":"1187594690","repostType":2,"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816500599,"gmtCreate":1630505837211,"gmtModify":1676530324014,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like my post&nbsp;","listText":"Like my post&nbsp;","text":"Like my post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/816500599","repostId":"1150578459","repostType":2,"repost":{"id":"1150578459","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630498127,"share":"https://ttm.financial/m/news/1150578459?lang=&edition=fundamental","pubTime":"2021-09-01 20:08","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1150578459","media":"Tiger Newspress","summary":"U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as i","content":"<p>U.S. stock index futures rose on Wednesday and put the S&amp;P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&amp;P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c9a5df62064a2a342e83495168d97a9\" tg-width=\"678\" tg-height=\"226\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Wall Street’s main indexes have scaled record highs recently, with the S&amp;P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.</p>\n<p><a href=\"https://laohu8.com/S/PVH\">PVH Corp</a> – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/AMBA\">Ambarella</a> – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PHG\">Royal Philips NV</a> – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/RUN\">Sunrun</a> – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.</p>\n<p><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/INTU\">Intuit</a> – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.</p>\n<p><a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.</p>\n<p><a href=\"https://laohu8.com/S/CNI\">Canadian National Railway</a> – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.</p>\n<p><a href=\"https://laohu8.com/S/SFM\">Sprouts Farmers</a> – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.</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\">2021-09-01 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures rose on Wednesday and put the S&amp;P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&amp;P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c9a5df62064a2a342e83495168d97a9\" tg-width=\"678\" tg-height=\"226\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Wall Street’s main indexes have scaled record highs recently, with the S&amp;P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.</p>\n<p><a href=\"https://laohu8.com/S/PVH\">PVH Corp</a> – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/AMBA\">Ambarella</a> – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PHG\">Royal Philips NV</a> – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/RUN\">Sunrun</a> – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.</p>\n<p><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/INTU\">Intuit</a> – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.</p>\n<p><a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.</p>\n<p><a href=\"https://laohu8.com/S/CNI\">Canadian National Railway</a> – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.</p>\n<p><a href=\"https://laohu8.com/S/SFM\">Sprouts Farmers</a> – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150578459","content_text":"U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.\nAt 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.\n*Source From Tiger Trade, EST 08:05\nWall Street’s main indexes have scaled record highs recently, with the S&P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.\nStocks making the biggest moves in the premarket:\nCampbell Soup – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.\nPVH Corp – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.\nAmbarella – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.\nCrowdStrike Holdings, Inc. – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.\nRoyal Philips NV – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.\nSunrun – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.\nNIO Inc. – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.\nIntuit – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.\nSouthwest Airlines – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.\nCanadian National Railway – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.\nSprouts Farmers – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818016645,"gmtCreate":1630365883087,"gmtModify":1676530279705,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818016645","repostId":"2163833181","repostType":4,"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837536611,"gmtCreate":1629899097833,"gmtModify":1676530166262,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837536611","repostId":"2162059068","repostType":4,"repost":{"id":"2162059068","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1629898684,"share":"https://ttm.financial/m/news/2162059068?lang=&edition=fundamental","pubTime":"2021-08-25 21:38","market":"us","language":"en","title":"Is Cisco Stock A Buy? Analyst Day Slated For Sept. 15 Amid Shift To Software, Services","url":"https://stock-news.laohu8.com/highlight/detail?id=2162059068","media":"Investors","summary":"A rebound in Cisco stock is largely tied to corporate spending on information technology as the Covid-19 emergency eases. Cloud computing sales are up but 5G wireless has yet to kick in.","content":"<p>Shares in<b> <a href=\"https://laohu8.com/S/CSCO\">Cisco</a> Systems</b> have advanced nearly 32% in 2021 amid the market's rotation to \"value\" stocks tied to an economic rebound. The outlook for CSCO stock depends on spending trends for cloud computing infrastructure as well as corporate and telecom networks.</p>\n<p>CSCO stock plans to hold its first analyst day in a few years on Sept. 15. Cisco stock provided mixed guidance for its fiscal first quarter of 2022.</p>\n<p>\"(First-quarter) revenue guidance was slightly above estimates, but (per-share earnings) and gross margin guidance were below expectations, impacted by ongoing supply chain constraints,\" Bank of America analyst Tal Liani said in a note to clients.</p>\n<p>\"(Fiscal Q4) order growth was strong, with all verticals showing solid acceleration, yet we flag some weakness in key growth areas, with security, software and subscriptions decelerating sharply, which might reflect some share losses, especially in security,\" Liani went on to say.</p>\n<p>During the coronavirus pandemic, corporate spending on data networks slowed amid increased office vacancy rates. One view is that corporate networks will be less important if remote work becomes entrenched.</p>\n<p>As a result, Cisco stock needs to hike investments in next-generation enterprise networks. The company aims to help corporate customers build hybrid network architectures that utilize on-premise data centers and cloud-computing infrastructure.</p>\n<h2>Cisco Stock: Transformational Acquisition Needed?</h2>\n<p>Cisco aims to build up its Webex video conferencing platform versus<b> <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></b> and <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications</b>. It recently&nbsp;acquired Socio Labs to boost Webex events.</p>\n<p>At its Cisco Live virtual conference in late March, Cisco touted \"hybridization as a foundation block to its product strategy,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Meta Marshall said in a note to clients.</p>\n<p>One big question is whether Cisco can gain share in cloud computing data centers. In that market, <b>Arista Networks</b> is Cisco's main rival.</p>\n<p>In addition, the tech icon aims to increase recurring revenue from subscription-based software and services and shift away from its core business of selling network switches and routers. Some CSCO stock bulls believe a big, transformational acquisition is needed.</p>\n<p>Cisco has brought in a new chief financial officer, Scott Herren from <b>Autodesk</b>.</p>\n<p>Cisco stock remains one of the top U.S. tech companies in terms of cash on its balance sheet. With 4% dividend yield, CSCO stock still finds support among institutional investors. While Cisco stock provides an attractive dividend, its buyback program has slowed.</p>\n<h2>CSCO Stock Technical Analysis</h2>\n<p>From a 1990 initial public offering through early 2000, Cisco thrived as a major supplier of the hardware to build internet networks, both to telecom firms and large companies outside that sector. Cisco stock soared more than 100,000% in that period, before the dot.com bubble burst.</p>\n<p>From the first quarter of 2016 through the end of 2017, Cisco revenue was flat or fell. Revenue began growing again, albeit in low single digits, starting in early 2018. The inflection put Cisco stock in rally mode.</p>\n<p>After its October 2017 breakout, Cisco stock in 2019 touched new highs not seen since late 2000 during the dot.com boom. As it stands, Cisco stock does not belong to the IBD Long Term Leaders list.</p>\n<p>Cisco earnings growth in 2018 owed much to Trump administration tax changes.</p>\n<h2>Cisco's Growth Through Acquisitions</h2>\n<p>Much of Cisco's revenue growth has come from acquisitions.</p>\n<p>Cisco on Dec. 7 agreed to buy U.K.-based IMImobile, which sells cloud communications software, in a deal valued at $730 million.</p>\n<p>In May 2020, Cisco acquired ThousandEyes, a networking intelligence company, for about $1 billion.</p>\n<p>In 2017, Cisco acquired software maker AppDynamics for $3.7 billion. It bought <a href=\"https://laohu8.com/S/BSFT\">BroadSoft</a> for $1.9 billion in late 2017.</p>\n<p>In July 2019, Cisco acquired Duo Security for $2.35 billion, marking its biggest cybersecurity acquisition since its purchase of Sourcefire in 2013. Acquiring Duo Security bolstered Cisco in an emerging category called zero trust cybersecurity.</p>\n<p>Aside from acquisitions, new accounting rules have been a plus for revenue recognition. The rules known as ASC 606 require upfront recognition of multiyear software licenses.</p>\n<h2>CSCO Stock: Shift To Software And Services</h2>\n<p>As companies shift business workloads to cloud computing services&nbsp;like Amazon Web Services, part of <b>Amazon.com</b>, they could spend less on internal computer networks.&nbsp;In addition, Cisco has lost share in several large markets, though it aims to rebound in cybersecurity.</p>\n<p>Cisco stock reported July quarter earnings of 84 cents per share, up 5% from a year earlier. Revenue rose 8% to $13.1 billion, including acquisitions such as Acacia Communications.</p>\n<p>Software revenue in the quarter was $4 billion, up 9% year-over-year.</p>\n<p>Analysts estimated that Cisco would earn 83 cents per share on revenue of $13.04 billion, according to FactSet.</p>\n<p>For its current fiscal first quarter ending in October, Cisco forecast profit of 80 cents versus estimates of 81 cents. Cisco forecast lower gross margins in the October quarter due to supply chain constraints.</p>\n<p>Cisco projected revenue growth of 8.5% at the midpoint of its guidance, topping estimates of 7.5% to $12.83 billion.</p>\n<p>For full-year, fiscal 2022 Cisco said it expects revenue growth in a range of 5% to 7%, slowing from the October quarter. Even so, Cisco's revenue 2022 outlook topped estimates of 4.5%.</p>\n<p>Year-over-year revenue comparisons for Cisco will be tougher in the back half of fiscal 2022.</p>\n<h2>Cisco Stock: Gross Margins Impacted By Supply Chain</h2>\n<p>Global chip shortages have slowed manufacturing. One question has been Cisco's ability to pass on higher costs to customers through product price hikes. In the long run, analysts expect Cisco margins to improve as more revenue comes from software products.</p>\n<p>One bright spot for CSCO stock has been sales of Catalyst 9000 computer network switches.&nbsp;Also, there's opportunity for Cisco in data center upgrades. The so-called \"internet cloud\" is made up of warehouse-sized data centers.</p>\n<p>They're packed with racks of computer servers, data storage systems and networking gear. Most cloud computing data centers now use 100 gigabit-per-second communications gear.</p>\n<p>A data center upgrade cycle to 400G technology has been delayed. The big question is whether Arista or Cisco will gain share in the 400G upgrade cycle.</p>\n<h2>Cisco Stock: Upside From Data Centers?</h2>\n<p>Cisco in 2019 agreed to buy Acacia Communications, a maker of 400G devices, for $2.6 billion in cash. China's government delayed approval of the deal. In January, Cisco upped its offer for Acacia to $4.5 billion and the deal finally closed.</p>\n<p>Arista beat Cisco to market in cloud data centers by grabbing Microsoft, <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> and <b>Amazon.com</b> as customers. But Cisco reportedly has gained business from Microsoft.</p>\n<p>Also, analysts say Cisco is also well-positioned as corporate buyers shift to networking technology called software-defined wide-area networking, or SD-WAN. The technology often taps bandwidth on the public internet.</p>\n<p>With SD-WAN, companies have less need for costly private data networks leased from telecom companies. Cisco competes with <b>VMware</b>, startup Aryaka, <b>Fortinet</b> and CloudGenix in the SDN market. <b><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></b> recently bought CloudGenix.</p>\n<h2>CSCO Stock: Is It A Buy Now?</h2>\n<p>According to the IBD Stock Checkup, CSCO stock holds a Relative Strength Rating of&nbsp; 83 out of a possible 99. The best stocks tend to have an RS rating of 80 or better.</p>\n<p>In addition, CSCO stock has an Accumulation/Distribution Rating of B, according to IBD MarketSmith analysis.&nbsp; The rating analyzes price and volume changes in a stock over the past 13 weeks of trading. On an A+ to E scale, the rating measures institutional buying and selling in a stock. A+ signifies heavy institutional buying; E means heavy selling. Think of the C grade as neutral.</p>\n<p>As of Aug. 25, CSCO stock trades above a buy zone, with a flat base entry point of 55.45.</p>\n<p>In the meantime, there are other options to find the best stocks to buy or watch. Check out IBD Stock Lists and other IBD content.</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>Is Cisco Stock A Buy? Analyst Day Slated For Sept. 15 Amid Shift To Software, Services</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Cisco Stock A Buy? Analyst Day Slated For Sept. 15 Amid Shift To Software, Services\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-08-25 21:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares in<b> <a href=\"https://laohu8.com/S/CSCO\">Cisco</a> Systems</b> have advanced nearly 32% in 2021 amid the market's rotation to \"value\" stocks tied to an economic rebound. The outlook for CSCO stock depends on spending trends for cloud computing infrastructure as well as corporate and telecom networks.</p>\n<p>CSCO stock plans to hold its first analyst day in a few years on Sept. 15. Cisco stock provided mixed guidance for its fiscal first quarter of 2022.</p>\n<p>\"(First-quarter) revenue guidance was slightly above estimates, but (per-share earnings) and gross margin guidance were below expectations, impacted by ongoing supply chain constraints,\" Bank of America analyst Tal Liani said in a note to clients.</p>\n<p>\"(Fiscal Q4) order growth was strong, with all verticals showing solid acceleration, yet we flag some weakness in key growth areas, with security, software and subscriptions decelerating sharply, which might reflect some share losses, especially in security,\" Liani went on to say.</p>\n<p>During the coronavirus pandemic, corporate spending on data networks slowed amid increased office vacancy rates. One view is that corporate networks will be less important if remote work becomes entrenched.</p>\n<p>As a result, Cisco stock needs to hike investments in next-generation enterprise networks. The company aims to help corporate customers build hybrid network architectures that utilize on-premise data centers and cloud-computing infrastructure.</p>\n<h2>Cisco Stock: Transformational Acquisition Needed?</h2>\n<p>Cisco aims to build up its Webex video conferencing platform versus<b> <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></b> and <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications</b>. It recently&nbsp;acquired Socio Labs to boost Webex events.</p>\n<p>At its Cisco Live virtual conference in late March, Cisco touted \"hybridization as a foundation block to its product strategy,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Meta Marshall said in a note to clients.</p>\n<p>One big question is whether Cisco can gain share in cloud computing data centers. In that market, <b>Arista Networks</b> is Cisco's main rival.</p>\n<p>In addition, the tech icon aims to increase recurring revenue from subscription-based software and services and shift away from its core business of selling network switches and routers. Some CSCO stock bulls believe a big, transformational acquisition is needed.</p>\n<p>Cisco has brought in a new chief financial officer, Scott Herren from <b>Autodesk</b>.</p>\n<p>Cisco stock remains one of the top U.S. tech companies in terms of cash on its balance sheet. With 4% dividend yield, CSCO stock still finds support among institutional investors. While Cisco stock provides an attractive dividend, its buyback program has slowed.</p>\n<h2>CSCO Stock Technical Analysis</h2>\n<p>From a 1990 initial public offering through early 2000, Cisco thrived as a major supplier of the hardware to build internet networks, both to telecom firms and large companies outside that sector. Cisco stock soared more than 100,000% in that period, before the dot.com bubble burst.</p>\n<p>From the first quarter of 2016 through the end of 2017, Cisco revenue was flat or fell. Revenue began growing again, albeit in low single digits, starting in early 2018. The inflection put Cisco stock in rally mode.</p>\n<p>After its October 2017 breakout, Cisco stock in 2019 touched new highs not seen since late 2000 during the dot.com boom. As it stands, Cisco stock does not belong to the IBD Long Term Leaders list.</p>\n<p>Cisco earnings growth in 2018 owed much to Trump administration tax changes.</p>\n<h2>Cisco's Growth Through Acquisitions</h2>\n<p>Much of Cisco's revenue growth has come from acquisitions.</p>\n<p>Cisco on Dec. 7 agreed to buy U.K.-based IMImobile, which sells cloud communications software, in a deal valued at $730 million.</p>\n<p>In May 2020, Cisco acquired ThousandEyes, a networking intelligence company, for about $1 billion.</p>\n<p>In 2017, Cisco acquired software maker AppDynamics for $3.7 billion. It bought <a href=\"https://laohu8.com/S/BSFT\">BroadSoft</a> for $1.9 billion in late 2017.</p>\n<p>In July 2019, Cisco acquired Duo Security for $2.35 billion, marking its biggest cybersecurity acquisition since its purchase of Sourcefire in 2013. Acquiring Duo Security bolstered Cisco in an emerging category called zero trust cybersecurity.</p>\n<p>Aside from acquisitions, new accounting rules have been a plus for revenue recognition. The rules known as ASC 606 require upfront recognition of multiyear software licenses.</p>\n<h2>CSCO Stock: Shift To Software And Services</h2>\n<p>As companies shift business workloads to cloud computing services&nbsp;like Amazon Web Services, part of <b>Amazon.com</b>, they could spend less on internal computer networks.&nbsp;In addition, Cisco has lost share in several large markets, though it aims to rebound in cybersecurity.</p>\n<p>Cisco stock reported July quarter earnings of 84 cents per share, up 5% from a year earlier. Revenue rose 8% to $13.1 billion, including acquisitions such as Acacia Communications.</p>\n<p>Software revenue in the quarter was $4 billion, up 9% year-over-year.</p>\n<p>Analysts estimated that Cisco would earn 83 cents per share on revenue of $13.04 billion, according to FactSet.</p>\n<p>For its current fiscal first quarter ending in October, Cisco forecast profit of 80 cents versus estimates of 81 cents. Cisco forecast lower gross margins in the October quarter due to supply chain constraints.</p>\n<p>Cisco projected revenue growth of 8.5% at the midpoint of its guidance, topping estimates of 7.5% to $12.83 billion.</p>\n<p>For full-year, fiscal 2022 Cisco said it expects revenue growth in a range of 5% to 7%, slowing from the October quarter. Even so, Cisco's revenue 2022 outlook topped estimates of 4.5%.</p>\n<p>Year-over-year revenue comparisons for Cisco will be tougher in the back half of fiscal 2022.</p>\n<h2>Cisco Stock: Gross Margins Impacted By Supply Chain</h2>\n<p>Global chip shortages have slowed manufacturing. One question has been Cisco's ability to pass on higher costs to customers through product price hikes. In the long run, analysts expect Cisco margins to improve as more revenue comes from software products.</p>\n<p>One bright spot for CSCO stock has been sales of Catalyst 9000 computer network switches.&nbsp;Also, there's opportunity for Cisco in data center upgrades. The so-called \"internet cloud\" is made up of warehouse-sized data centers.</p>\n<p>They're packed with racks of computer servers, data storage systems and networking gear. Most cloud computing data centers now use 100 gigabit-per-second communications gear.</p>\n<p>A data center upgrade cycle to 400G technology has been delayed. The big question is whether Arista or Cisco will gain share in the 400G upgrade cycle.</p>\n<h2>Cisco Stock: Upside From Data Centers?</h2>\n<p>Cisco in 2019 agreed to buy Acacia Communications, a maker of 400G devices, for $2.6 billion in cash. China's government delayed approval of the deal. In January, Cisco upped its offer for Acacia to $4.5 billion and the deal finally closed.</p>\n<p>Arista beat Cisco to market in cloud data centers by grabbing Microsoft, <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> and <b>Amazon.com</b> as customers. But Cisco reportedly has gained business from Microsoft.</p>\n<p>Also, analysts say Cisco is also well-positioned as corporate buyers shift to networking technology called software-defined wide-area networking, or SD-WAN. The technology often taps bandwidth on the public internet.</p>\n<p>With SD-WAN, companies have less need for costly private data networks leased from telecom companies. Cisco competes with <b>VMware</b>, startup Aryaka, <b>Fortinet</b> and CloudGenix in the SDN market. <b><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></b> recently bought CloudGenix.</p>\n<h2>CSCO Stock: Is It A Buy Now?</h2>\n<p>According to the IBD Stock Checkup, CSCO stock holds a Relative Strength Rating of&nbsp; 83 out of a possible 99. The best stocks tend to have an RS rating of 80 or better.</p>\n<p>In addition, CSCO stock has an Accumulation/Distribution Rating of B, according to IBD MarketSmith analysis.&nbsp; The rating analyzes price and volume changes in a stock over the past 13 weeks of trading. On an A+ to E scale, the rating measures institutional buying and selling in a stock. A+ signifies heavy institutional buying; E means heavy selling. Think of the C grade as neutral.</p>\n<p>As of Aug. 25, CSCO stock trades above a buy zone, with a flat base entry point of 55.45.</p>\n<p>In the meantime, there are other options to find the best stocks to buy or watch. Check out IBD Stock Lists and other IBD content.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CSCO":"思科"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162059068","content_text":"Shares in Cisco Systems have advanced nearly 32% in 2021 amid the market's rotation to \"value\" stocks tied to an economic rebound. The outlook for CSCO stock depends on spending trends for cloud computing infrastructure as well as corporate and telecom networks.\nCSCO stock plans to hold its first analyst day in a few years on Sept. 15. Cisco stock provided mixed guidance for its fiscal first quarter of 2022.\n\"(First-quarter) revenue guidance was slightly above estimates, but (per-share earnings) and gross margin guidance were below expectations, impacted by ongoing supply chain constraints,\" Bank of America analyst Tal Liani said in a note to clients.\n\"(Fiscal Q4) order growth was strong, with all verticals showing solid acceleration, yet we flag some weakness in key growth areas, with security, software and subscriptions decelerating sharply, which might reflect some share losses, especially in security,\" Liani went on to say.\nDuring the coronavirus pandemic, corporate spending on data networks slowed amid increased office vacancy rates. One view is that corporate networks will be less important if remote work becomes entrenched.\nAs a result, Cisco stock needs to hike investments in next-generation enterprise networks. The company aims to help corporate customers build hybrid network architectures that utilize on-premise data centers and cloud-computing infrastructure.\nCisco Stock: Transformational Acquisition Needed?\nCisco aims to build up its Webex video conferencing platform versus Microsoft and Zoom Video Communications. It recently acquired Socio Labs to boost Webex events.\nAt its Cisco Live virtual conference in late March, Cisco touted \"hybridization as a foundation block to its product strategy,\" Morgan Stanley analyst Meta Marshall said in a note to clients.\nOne big question is whether Cisco can gain share in cloud computing data centers. In that market, Arista Networks is Cisco's main rival.\nIn addition, the tech icon aims to increase recurring revenue from subscription-based software and services and shift away from its core business of selling network switches and routers. Some CSCO stock bulls believe a big, transformational acquisition is needed.\nCisco has brought in a new chief financial officer, Scott Herren from Autodesk.\nCisco stock remains one of the top U.S. tech companies in terms of cash on its balance sheet. With 4% dividend yield, CSCO stock still finds support among institutional investors. While Cisco stock provides an attractive dividend, its buyback program has slowed.\nCSCO Stock Technical Analysis\nFrom a 1990 initial public offering through early 2000, Cisco thrived as a major supplier of the hardware to build internet networks, both to telecom firms and large companies outside that sector. Cisco stock soared more than 100,000% in that period, before the dot.com bubble burst.\nFrom the first quarter of 2016 through the end of 2017, Cisco revenue was flat or fell. Revenue began growing again, albeit in low single digits, starting in early 2018. The inflection put Cisco stock in rally mode.\nAfter its October 2017 breakout, Cisco stock in 2019 touched new highs not seen since late 2000 during the dot.com boom. As it stands, Cisco stock does not belong to the IBD Long Term Leaders list.\nCisco earnings growth in 2018 owed much to Trump administration tax changes.\nCisco's Growth Through Acquisitions\nMuch of Cisco's revenue growth has come from acquisitions.\nCisco on Dec. 7 agreed to buy U.K.-based IMImobile, which sells cloud communications software, in a deal valued at $730 million.\nIn May 2020, Cisco acquired ThousandEyes, a networking intelligence company, for about $1 billion.\nIn 2017, Cisco acquired software maker AppDynamics for $3.7 billion. It bought BroadSoft for $1.9 billion in late 2017.\nIn July 2019, Cisco acquired Duo Security for $2.35 billion, marking its biggest cybersecurity acquisition since its purchase of Sourcefire in 2013. Acquiring Duo Security bolstered Cisco in an emerging category called zero trust cybersecurity.\nAside from acquisitions, new accounting rules have been a plus for revenue recognition. The rules known as ASC 606 require upfront recognition of multiyear software licenses.\nCSCO Stock: Shift To Software And Services\nAs companies shift business workloads to cloud computing services like Amazon Web Services, part of Amazon.com, they could spend less on internal computer networks. In addition, Cisco has lost share in several large markets, though it aims to rebound in cybersecurity.\nCisco stock reported July quarter earnings of 84 cents per share, up 5% from a year earlier. Revenue rose 8% to $13.1 billion, including acquisitions such as Acacia Communications.\nSoftware revenue in the quarter was $4 billion, up 9% year-over-year.\nAnalysts estimated that Cisco would earn 83 cents per share on revenue of $13.04 billion, according to FactSet.\nFor its current fiscal first quarter ending in October, Cisco forecast profit of 80 cents versus estimates of 81 cents. Cisco forecast lower gross margins in the October quarter due to supply chain constraints.\nCisco projected revenue growth of 8.5% at the midpoint of its guidance, topping estimates of 7.5% to $12.83 billion.\nFor full-year, fiscal 2022 Cisco said it expects revenue growth in a range of 5% to 7%, slowing from the October quarter. Even so, Cisco's revenue 2022 outlook topped estimates of 4.5%.\nYear-over-year revenue comparisons for Cisco will be tougher in the back half of fiscal 2022.\nCisco Stock: Gross Margins Impacted By Supply Chain\nGlobal chip shortages have slowed manufacturing. One question has been Cisco's ability to pass on higher costs to customers through product price hikes. In the long run, analysts expect Cisco margins to improve as more revenue comes from software products.\nOne bright spot for CSCO stock has been sales of Catalyst 9000 computer network switches. Also, there's opportunity for Cisco in data center upgrades. The so-called \"internet cloud\" is made up of warehouse-sized data centers.\nThey're packed with racks of computer servers, data storage systems and networking gear. Most cloud computing data centers now use 100 gigabit-per-second communications gear.\nA data center upgrade cycle to 400G technology has been delayed. The big question is whether Arista or Cisco will gain share in the 400G upgrade cycle.\nCisco Stock: Upside From Data Centers?\nCisco in 2019 agreed to buy Acacia Communications, a maker of 400G devices, for $2.6 billion in cash. China's government delayed approval of the deal. In January, Cisco upped its offer for Acacia to $4.5 billion and the deal finally closed.\nArista beat Cisco to market in cloud data centers by grabbing Microsoft, Facebook and Amazon.com as customers. But Cisco reportedly has gained business from Microsoft.\nAlso, analysts say Cisco is also well-positioned as corporate buyers shift to networking technology called software-defined wide-area networking, or SD-WAN. The technology often taps bandwidth on the public internet.\nWith SD-WAN, companies have less need for costly private data networks leased from telecom companies. Cisco competes with VMware, startup Aryaka, Fortinet and CloudGenix in the SDN market. Palo Alto Networks recently bought CloudGenix.\nCSCO Stock: Is It A Buy Now?\nAccording to the IBD Stock Checkup, CSCO stock holds a Relative Strength Rating of  83 out of a possible 99. The best stocks tend to have an RS rating of 80 or better.\nIn addition, CSCO stock has an Accumulation/Distribution Rating of B, according to IBD MarketSmith analysis.  The rating analyzes price and volume changes in a stock over the past 13 weeks of trading. On an A+ to E scale, the rating measures institutional buying and selling in a stock. A+ signifies heavy institutional buying; E means heavy selling. Think of the C grade as neutral.\nAs of Aug. 25, CSCO stock trades above a buy zone, with a flat base entry point of 55.45.\nIn the meantime, there are other options to find the best stocks to buy or watch. Check out IBD Stock Lists and other IBD content.","news_type":1},"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837538695,"gmtCreate":1629899058917,"gmtModify":1676530166239,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837538695","repostId":"2162087564","repostType":4,"repost":{"id":"2162087564","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1629836173,"share":"https://ttm.financial/m/news/2162087564?lang=&edition=fundamental","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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall 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","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","OEX":"标普100","SH":"标普500反向ETF",".DJI":"道琼斯","SSO":"两倍做多标普500ETF","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index"},"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":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835573424,"gmtCreate":1629729110768,"gmtModify":1676530114765,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/835573424","repostId":"2161418779","repostType":4,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836665212,"gmtCreate":1629477464836,"gmtModify":1676530055562,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836665212","repostId":"2160271025","repostType":4,"repost":{"id":"2160271025","kind":"news","pubTimestamp":1629472454,"share":"https://ttm.financial/m/news/2160271025?lang=&edition=fundamental","pubTime":"2021-08-20 23:14","market":"us","language":"en","title":"4 Stocks Insiders Are Selling","url":"https://stock-news.laohu8.com/highlight/detail?id=2160271025","media":"Benzinga","summary":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view t","content":"<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/uuel8MXZ67u5P3beVgfBWQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/Benzinga/8458419fd90ed89547b2be1234261dd6\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.</p>\n<p>Below is a look at a few recent notable insider sales. For more, check out <i> Benzinga's insider transactions </i> platform.</p>\n<p><b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> </b></p>\n<p><b>The Trade:</b> <b> <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> Inc.</b> (NASDAQ: GOOG) Director Larry Page<i> disposed a total of 13889 shares </i> at an average price of $2,751.73. The insider received $38,218,718.69 as a result of the transaction.</p>\n<p><b>What’s Happening:</b> GE Appliances and Google signed a multi-year deal to build next-gen smart home appliances, Reuters reported.</p>\n<p><b>What Alphabet Does:</b> Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.</p>\n<p><b><a href=\"https://laohu8.com/S/ADMA\">ADMA Biologics</a> </b></p>\n<p><b>The Trade:</b> <b> ADMA Biologics, Inc.</b> (NASDAQ: ADMA) 10% owner Perceptive Advisors Llc, Perceptive Life Sciences Master Fund Ltd, Joseph Edelman<i> sold a total of 1781824 shares </i> at an average price of $1.31. The insider received $2,333,780.88 from selling those shares.</p>\n<p><b>What’s Happening:</b> The FDA recently approved ADMA Biologics BioCenters plasma collection facility in Maryville, Tennessee.</p>\n<p><b>What ADMA Biologics Does:</b> <a href=\"https://laohu8.com/S/ADMA\">ADMA Biologics Inc</a> is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases.</p>\n<p><b>Trimble </b></p>\n<p><b>The Trade:</b><b> <a href=\"https://laohu8.com/S/TRMB\">Trimble Navigation</a></b> (NASDAQ: TRMB) Director Steven Berglund<i> sold a total of 60000 shares </i> at an average price of $88.40. The insider received $5,304,118.61 as a result of the transaction.</p>\n<p><b>What’s Happening:</b> Trimble reported a new $750 million buyback program.</p>\n<p><b>What Trimble Does:</b> Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies.</p>\n<p><b>Eli Lilly </b></p>\n<p><b>The Trade:</b> <b> <a href=\"https://laohu8.com/S/LLY\">Eli Lilly and</a> Company.</b> (NYSE: LLY) 10% owner Lilly Endowment Inc<i> sold a total of 15430 shares </i> at an average price of $274.31. The insider received $4,232,603.30 from selling those shares.</p>\n<p><b>What’s Happening:</b> The FDA recently approved Eli Lilly - Boehringer Ingelheim's Jardiance (empagliflozin) 10 mg for heart failure.</p>\n<p><b>What Eli Lilly Does:</b> Eli Lilly is a drug firm with a focus on neuroscience, endocrinology, oncology, and immunology.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Stocks Insiders Are Selling</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\">\n4 Stocks Insiders Are Selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 23:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5918b54af9d1fdfb3186789692d900cd","relate_stocks":{"GOOG":"谷歌","ADMA":"ADMA Biologics Inc","GOOGL":"谷歌A","LLY":"礼来","TRMB":"天宝导航"},"source_url":"https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2160271025","content_text":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.\nBelow is a look at a few recent notable insider sales. For more, check out  Benzinga's insider transactions  platform.\nAlphabet \nThe Trade:  Alphabet Inc. (NASDAQ: GOOG) Director Larry Page disposed a total of 13889 shares  at an average price of $2,751.73. The insider received $38,218,718.69 as a result of the transaction.\nWhat’s Happening: GE Appliances and Google signed a multi-year deal to build next-gen smart home appliances, Reuters reported.\nWhat Alphabet Does: Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.\nADMA Biologics \nThe Trade:  ADMA Biologics, Inc. (NASDAQ: ADMA) 10% owner Perceptive Advisors Llc, Perceptive Life Sciences Master Fund Ltd, Joseph Edelman sold a total of 1781824 shares  at an average price of $1.31. The insider received $2,333,780.88 from selling those shares.\nWhat’s Happening: The FDA recently approved ADMA Biologics BioCenters plasma collection facility in Maryville, Tennessee.\nWhat ADMA Biologics Does: ADMA Biologics Inc is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases.\nTrimble \nThe Trade: Trimble Navigation (NASDAQ: TRMB) Director Steven Berglund sold a total of 60000 shares  at an average price of $88.40. The insider received $5,304,118.61 as a result of the transaction.\nWhat’s Happening: Trimble reported a new $750 million buyback program.\nWhat Trimble Does: Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies.\nEli Lilly \nThe Trade:  Eli Lilly and Company. (NYSE: LLY) 10% owner Lilly Endowment Inc sold a total of 15430 shares  at an average price of $274.31. The insider received $4,232,603.30 from selling those shares.\nWhat’s Happening: The FDA recently approved Eli Lilly - Boehringer Ingelheim's Jardiance (empagliflozin) 10 mg for heart failure.\nWhat Eli Lilly Does: Eli Lilly is a drug firm with a focus on neuroscience, endocrinology, oncology, and immunology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839477574,"gmtCreate":1629178390598,"gmtModify":1676529955258,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839477574","repostId":"1162723925","repostType":4,"repost":{"id":"1162723925","kind":"news","pubTimestamp":1629170609,"share":"https://ttm.financial/m/news/1162723925?lang=&edition=fundamental","pubTime":"2021-08-17 11:23","market":"us","language":"en","title":"Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1162723925","media":"seekingalpha","summary":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just ","content":"<p><b>Summary</b></p>\n<ul>\n <li>The Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>The report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.</li>\n <li>The report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72f0a26068ce9a56688977e5a0dd9578\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>borisyankov/E+ via Getty Images</span></p>\n<p>Morgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.</p>\n<p>Morgan Stanley noted that</p>\n<blockquote>\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n</blockquote>\n<p>Micron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/ea0b20556a40eb39c18b7aa1ed295e1c\" tg-width=\"634\" tg-height=\"416\" referrerpolicy=\"no-referrer\"></p>\n<p>Chart 1</p>\n<p>This article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.</p>\n<p><b>Morgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM</b></p>\n<p>The first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “<i>Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"</i></p>\n<p><img src=\"https://static.tigerbbs.com/0b40e66f4b73b27303075791c19fe36f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 2</p>\n<p><b>#2 Increased DRAM content per PC</b></p>\n<p>The 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.</p>\n<p>Chart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.</p>\n<p>Prior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.</p>\n<p><img src=\"https://static.tigerbbs.com/5732cd4948d7209d76ccb4f7628560ab\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 3</p>\n<p>Thus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.</p>\n<p><img src=\"https://static.tigerbbs.com/7c21d24f41f7f77bc00c62ed82b44f62\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 4</p>\n<p><b>#3 Spot ASPs are Different than Contract ASPs</b></p>\n<p>Chart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.</p>\n<p><img src=\"https://static.tigerbbs.com/b5a2774dcaff2d53edd141e0cc1e2d13\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 5</p>\n<p>Why they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.</p>\n<p>Importantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.</p>\n<p><b>#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)</b></p>\n<p>Also note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.</p>\n<p>This bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.</p>\n<p>TrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.</p>\n<p>However, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.</p>\n<blockquote>\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n</blockquote>\n<p>Spot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:</p>\n<blockquote>\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n</blockquote>\n<p>About 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.</p>\n<p>Both these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.</p>\n<p>Back to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).</p>\n<p>Comparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.</p>\n<p><img src=\"https://static.tigerbbs.com/7d56577da5391c86374739262f773c7f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 6</p>\n<p>Chart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.</p>\n<p><img src=\"https://static.tigerbbs.com/be8f41d833e46a0145982559a7e23732\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 7</p>\n<p><b>Investor Takeaway</b></p>\n<p>The recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:</p>\n<ul>\n <li>PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>A drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).</li>\n <li>Failure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.</li>\n <li>DRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.</li>\n</ul>\n<p>Strong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.</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>Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next</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\">\nMicron Technology: Winter May Be Coming, But Not This Year... Nor The Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162723925","content_text":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.\nThe report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.\n\nborisyankov/E+ via Getty Images\nMorgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.\nMorgan Stanley noted that\n\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n\nMicron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.\n\nChart 1\nThis article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.\nMorgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM\nThe first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"\nChart 2\n#2 Increased DRAM content per PC\nThe 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.\nChart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.\nPrior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.\n\nChart 3\nThus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.\nChart 4\n#3 Spot ASPs are Different than Contract ASPs\nChart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.\nChart 5\nWhy they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.\nImportantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.\n#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)\nAlso note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.\nThis bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.\nTrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.\nHowever, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.\n\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n\nSpot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:\n\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n\nAbout 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.\nBoth these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.\nBack to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).\nComparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.\n\nChart 6\nChart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.\n\nChart 7\nInvestor Takeaway\nThe recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:\n\nPC DRAM ASPs that represent just 15% of the total DRAM demand.\nA drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).\nFailure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.\nDRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.\n\nStrong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9004928936,"gmtCreate":1642479931161,"gmtModify":1676533714462,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>HODL","listText":"<a href=\"https://ttm.financial/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>HODL","text":"$Sundial Growers Inc.(SNDL)$HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004928936","isVote":1,"tweetType":1,"viewCount":1154,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582666036773232","authorId":"3582666036773232","name":"ilovemoneymoney","avatar":"https://community-static.tradeup.com/news/0da51d41271dc6738063b8d226e4015f","crmLevel":7,"crmLevelSwitch":1,"idStr":"3582666036773232","authorIdStr":"3582666036773232"},"content":"easy hodl. this will be bigger than anything. hee hee. I am waiting to buy 4900 shares soon.","text":"easy hodl. this will be bigger than anything. hee hee. I am waiting to buy 4900 shares soon.","html":"easy hodl. this will be bigger than anything. hee hee. I am waiting to buy 4900 shares soon."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815689145,"gmtCreate":1630675502787,"gmtModify":1676530373031,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815689145","repostId":"1142162122","repostType":4,"repost":{"id":"1142162122","kind":"news","pubTimestamp":1630675377,"share":"https://ttm.financial/m/news/1142162122?lang=&edition=fundamental","pubTime":"2021-09-03 21:22","market":"us","language":"en","title":"IGT Signs Sports Betting Deal With Oneida Casino","url":"https://stock-news.laohu8.com/highlight/detail?id=1142162122","media":"Benzinga","summary":"International Game Technology PLC  has signed an agreement to power sports betting with Oneida Casin","content":"<ul>\n <li><b>International Game Technology PLC</b>&nbsp;&nbsp;has signed an agreement to power sports betting with&nbsp;<b>Oneida Casino</b>&nbsp;on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.</li>\n <li>The agreement will allow IGT to expand its PlaySports platform footprint into Wisconsin.</li>\n <li>Oneida Casino, located at 2020 Airport Drive in Green Bay, will leverage IGT's PlaySports solution for retail and mobile sports betting.</li>\n <li>The Oneida Nation is the first tribe in Wisconsin to receive approval from the State government to operate a sports betting program at a casino.</li>\n <li><b>Price Action:</b>&nbsp;IGT shares closed higher by 1.56% at $21.49 on Thursday.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IGT Signs Sports Betting Deal With Oneida Casino</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\">\nIGT Signs Sports Betting Deal With Oneida Casino\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 21:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>International Game Technology PLC  has signed an agreement to power sports betting with Oneida Casino on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.\nThe ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IGT":"国际游戏科技"},"source_url":"https://www.benzinga.com/news/21/09/22794892/igt-signs-sports-betting-deal-with-oneida-casino","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142162122","content_text":"International Game Technology PLC  has signed an agreement to power sports betting with Oneida Casino on the Oneida Nation Reservation. The financial terms of the deal were not disclosed.\nThe agreement will allow IGT to expand its PlaySports platform footprint into Wisconsin.\nOneida Casino, located at 2020 Airport Drive in Green Bay, will leverage IGT's PlaySports solution for retail and mobile sports betting.\nThe Oneida Nation is the first tribe in Wisconsin to receive approval from the State government to operate a sports betting program at a casino.\nPrice Action: IGT shares closed higher by 1.56% at $21.49 on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812399335,"gmtCreate":1630550619927,"gmtModify":1676530337788,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Nice!!","listText":"Nice!!","text":"Nice!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812399335","repostId":"1187594690","repostType":2,"repost":{"id":"1187594690","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630541802,"share":"https://ttm.financial/m/news/1187594690?lang=&edition=fundamental","pubTime":"2021-09-02 08:16","market":"us","language":"en","title":"Could Support.com, Vinco Ventures See GameStop-, AMC-Style Short Squeeze?","url":"https://stock-news.laohu8.com/highlight/detail?id=1187594690","media":"Benzinga","summary":"Support.com and Vinco Ventures, Inc. are up more than 200% over the last month amid increasing retai","content":"<p><b><a href=\"https://laohu8.com/S/SPRT\">Support.com</a> </b>and&nbsp;<b><a href=\"https://laohu8.com/S/BBIG\">Vinco Ventures, Inc.</a> </b>are up more than 200% over the last month amid increasing retail investor interest.</p>\n<p><b>Ihor Dusaniwsky</b>, head of predictive analytics at S3 Partners, says a sizable&nbsp;short squeeze in&nbsp;Support.com and Vinco Ventures&nbsp;may not ever occur, he said Wednesday on CNBC.</p>\n<p>Most people are familiar with the short squeezes that took place in&nbsp;<b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b> &nbsp;and&nbsp;<b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></b>, which&nbsp;Dusaniwsky refers to as \"OG meme stocks.\"</p>\n<p>The move starts&nbsp;with \"act one,\" which entails&nbsp;relentless buying, pushing&nbsp;the stock price higher.&nbsp;This is&nbsp;followed by \"act two,\" in which&nbsp;short sellers cover&nbsp;their positions, creating&nbsp;a&nbsp;short squeeze situation,&nbsp;Dusaniwsky said.</p>\n<p>\"We've got the act one in stocks like BBIG and SPRT, but unfortunately there's not enough short selling to have a big effect on the stock price.\"</p>\n<p>There are 6 million shares being shorted in Support.com and 10 million shares being shorted in Vinco Ventures, he told CNBC.</p>\n<p>Even if the short sellers cover their positions, it won't affect the share price much&nbsp;because it's such a small amount of shares compared to the daily trading volume,&nbsp;Dusaniwsky said.</p>\n<p>\"I'm not saying&nbsp;there's not going to be a short squeeze in these names, because there very well could be.\"</p>\n<p>Dusaniwsky told CNBC the squeeze just isn't going to be nearly as significant as the ones that took place in GameStop and AMC Entertainment.</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>Could Support.com, Vinco Ventures See GameStop-, AMC-Style Short Squeeze?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCould Support.com, Vinco Ventures See GameStop-, AMC-Style Short Squeeze?\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\">2021-09-02 08:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/SPRT\">Support.com</a> </b>and&nbsp;<b><a href=\"https://laohu8.com/S/BBIG\">Vinco Ventures, Inc.</a> </b>are up more than 200% over the last month amid increasing retail investor interest.</p>\n<p><b>Ihor Dusaniwsky</b>, head of predictive analytics at S3 Partners, says a sizable&nbsp;short squeeze in&nbsp;Support.com and Vinco Ventures&nbsp;may not ever occur, he said Wednesday on CNBC.</p>\n<p>Most people are familiar with the short squeezes that took place in&nbsp;<b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b> &nbsp;and&nbsp;<b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></b>, which&nbsp;Dusaniwsky refers to as \"OG meme stocks.\"</p>\n<p>The move starts&nbsp;with \"act one,\" which entails&nbsp;relentless buying, pushing&nbsp;the stock price higher.&nbsp;This is&nbsp;followed by \"act two,\" in which&nbsp;short sellers cover&nbsp;their positions, creating&nbsp;a&nbsp;short squeeze situation,&nbsp;Dusaniwsky said.</p>\n<p>\"We've got the act one in stocks like BBIG and SPRT, but unfortunately there's not enough short selling to have a big effect on the stock price.\"</p>\n<p>There are 6 million shares being shorted in Support.com and 10 million shares being shorted in Vinco Ventures, he told CNBC.</p>\n<p>Even if the short sellers cover their positions, it won't affect the share price much&nbsp;because it's such a small amount of shares compared to the daily trading volume,&nbsp;Dusaniwsky said.</p>\n<p>\"I'm not saying&nbsp;there's not going to be a short squeeze in these names, because there very well could be.\"</p>\n<p>Dusaniwsky told CNBC the squeeze just isn't going to be nearly as significant as the ones that took place in GameStop and AMC Entertainment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBIG":"Vinco Ventures, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187594690","content_text":"Support.com and Vinco Ventures, Inc. are up more than 200% over the last month amid increasing retail investor interest.\nIhor Dusaniwsky, head of predictive analytics at S3 Partners, says a sizable short squeeze in Support.com and Vinco Ventures may not ever occur, he said Wednesday on CNBC.\nMost people are familiar with the short squeezes that took place in GameStop  and AMC Entertainment, which Dusaniwsky refers to as \"OG meme stocks.\"\nThe move starts with \"act one,\" which entails relentless buying, pushing the stock price higher. This is followed by \"act two,\" in which short sellers cover their positions, creating a short squeeze situation, Dusaniwsky said.\n\"We've got the act one in stocks like BBIG and SPRT, but unfortunately there's not enough short selling to have a big effect on the stock price.\"\nThere are 6 million shares being shorted in Support.com and 10 million shares being shorted in Vinco Ventures, he told CNBC.\nEven if the short sellers cover their positions, it won't affect the share price much because it's such a small amount of shares compared to the daily trading volume, Dusaniwsky said.\n\"I'm not saying there's not going to be a short squeeze in these names, because there very well could be.\"\nDusaniwsky told CNBC the squeeze just isn't going to be nearly as significant as the ones that took place in GameStop and AMC Entertainment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815683041,"gmtCreate":1630675573183,"gmtModify":1676530373039,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815683041","repostId":"1106356660","repostType":4,"repost":{"id":"1106356660","kind":"news","pubTimestamp":1630675056,"share":"https://ttm.financial/m/news/1106356660?lang=&edition=fundamental","pubTime":"2021-09-03 21:17","market":"us","language":"en","title":"SEC charges Kraft Heinz, former executives in alleged years-long accounting scheme","url":"https://stock-news.laohu8.com/highlight/detail?id=1106356660","media":"seekingalpha","summary":"The U.S. Securities and Exchange Commission charged Kraft Heinz Co.(NASDAQ:KHC)with allegedly engagi","content":"<ul>\n <li>The U.S. Securities and Exchange Commission charged Kraft Heinz Co.(NASDAQ:KHC)with allegedly engaging in a long-running \"expense management scheme\"that resulted in several years of restatements.</li>\n <li>The SEC also&nbsp;charged Kraft's former Chief Operating Officer&nbsp;Eduardo Pelleissone&nbsp;and its former Chief Procurement Officer&nbsp;Klaus Hofmann&nbsp;for their alleged \"misconduct\" related to the scheme, according to astatement.</li>\n <li>Without admitting or denying the SEC's findings, Kraft agreed to a cease and desist from future violations and pay a civil penalty of $62M.</li>\n <li>The SEC claims that from the last quarter of 2015 to the end of 2018 Kraft engaged in various forms of \"accounting misconduct,\" including recognizing unearned discounts from suppliers and maintaining \"false and misleading\" supplier contracts. The accounting \"improprieties\" resulted in Kraft (KHC) reporting inflated adjusted EBITDA.</li>\n <li>In June 2019, Kraft restated its financials, correcting a $208m in \"improperly-recognized\" costs savings over nearly 300 transactions.</li>\n <li>Recall June 2019,Kraft Heinz files annual report, 'returning to path of normalization&nbsp;andMay 2019,&nbsp;Kraft -3% after accounting update.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEC charges Kraft Heinz, former executives in alleged years-long accounting scheme</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\">\nSEC charges Kraft Heinz, former executives in alleged years-long accounting scheme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 21:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3737149-sec-charge-kraft-heinz-former-executives-in-alleged-years-long-accounting-scheme><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. Securities and Exchange Commission charged Kraft Heinz Co.(NASDAQ:KHC)with allegedly engaging in a long-running \"expense management scheme\"that resulted in several years of restatements.\nThe ...</p>\n\n<a href=\"https://seekingalpha.com/news/3737149-sec-charge-kraft-heinz-former-executives-in-alleged-years-long-accounting-scheme\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KHC":"卡夫亨氏"},"source_url":"https://seekingalpha.com/news/3737149-sec-charge-kraft-heinz-former-executives-in-alleged-years-long-accounting-scheme","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1106356660","content_text":"The U.S. Securities and Exchange Commission charged Kraft Heinz Co.(NASDAQ:KHC)with allegedly engaging in a long-running \"expense management scheme\"that resulted in several years of restatements.\nThe SEC also charged Kraft's former Chief Operating Officer Eduardo Pelleissone and its former Chief Procurement Officer Klaus Hofmann for their alleged \"misconduct\" related to the scheme, according to astatement.\nWithout admitting or denying the SEC's findings, Kraft agreed to a cease and desist from future violations and pay a civil penalty of $62M.\nThe SEC claims that from the last quarter of 2015 to the end of 2018 Kraft engaged in various forms of \"accounting misconduct,\" including recognizing unearned discounts from suppliers and maintaining \"false and misleading\" supplier contracts. The accounting \"improprieties\" resulted in Kraft (KHC) reporting inflated adjusted EBITDA.\nIn June 2019, Kraft restated its financials, correcting a $208m in \"improperly-recognized\" costs savings over nearly 300 transactions.\nRecall June 2019,Kraft Heinz files annual report, 'returning to path of normalization andMay 2019, Kraft -3% after accounting update.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818016645,"gmtCreate":1630365883087,"gmtModify":1676530279705,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818016645","repostId":"2163833181","repostType":4,"repost":{"id":"2163833181","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630353642,"share":"https://ttm.financial/m/news/2163833181?lang=&edition=fundamental","pubTime":"2021-08-31 04:00","market":"us","language":"en","title":"S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2163833181","media":"Reuters","summary":"S&P 500 tracks longest monthly winning streak since 2018.\nS&P 500, Nasdaq end at fresh record highs\n","content":"<p>S&amp;P 500 tracks longest monthly winning streak since 2018.</p>\n<p>S&amp;P 500, Nasdaq end at fresh record highs</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> gains on report it is exploring a stock-trading platform</p>\n<p>Aug 30 (Reuters) - The S&amp;P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.</p>\n<p>Apple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&amp;P 500 and the Dow.</p>\n<p>High-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.</p>\n<p>The benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.</p>\n<p>Fed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.</p>\n<p>\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>\"Some investors are thinking that tapering might not even start this year, but the <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"</p>\n<p>The S&amp;P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.</p>\n<p>It is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&amp;P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite&nbsp;added 136.22 points, or 0.9%, to 15,265.72.</p>\n<p>While U.S. crude prices rose 0.7% on Monday, energy stocks&nbsp;broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.</p>\n<p>Falling bond yields also pressured bank stocks, with the S&amp;P 500 banking index ending down.</p>\n<p>PayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.</p>\n<p>U.S.-listed shares of Chinese gaming firm NetEase Inc&nbsp;slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors</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\">\nS&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors\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\">2021-08-31 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>S&amp;P 500 tracks longest monthly winning streak since 2018.</p>\n<p>S&amp;P 500, Nasdaq end at fresh record highs</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> gains on report it is exploring a stock-trading platform</p>\n<p>Aug 30 (Reuters) - The S&amp;P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.</p>\n<p>Apple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&amp;P 500 and the Dow.</p>\n<p>High-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.</p>\n<p>The benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.</p>\n<p>Fed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.</p>\n<p>\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>\"Some investors are thinking that tapering might not even start this year, but the <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"</p>\n<p>The S&amp;P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.</p>\n<p>It is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&amp;P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite&nbsp;added 136.22 points, or 0.9%, to 15,265.72.</p>\n<p>While U.S. crude prices rose 0.7% on Monday, energy stocks&nbsp;broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.</p>\n<p>Falling bond yields also pressured bank stocks, with the S&amp;P 500 banking index ending down.</p>\n<p>PayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.</p>\n<p>U.S.-listed shares of Chinese gaming firm NetEase Inc&nbsp;slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163833181","content_text":"S&P 500 tracks longest monthly winning streak since 2018.\nS&P 500, Nasdaq end at fresh record highs\nPayPal gains on report it is exploring a stock-trading platform\nAug 30 (Reuters) - The S&P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.\nApple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&P 500 and the Dow.\nHigh-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.\nThe benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.\nFed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.\n\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.\n\"Some investors are thinking that tapering might not even start this year, but the one thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"\nThe S&P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.\nIt is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.\nUnofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite added 136.22 points, or 0.9%, to 15,265.72.\nWhile U.S. crude prices rose 0.7% on Monday, energy stocks broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.\nFalling bond yields also pressured bank stocks, with the S&P 500 banking index ending down.\nPayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.\nU.S.-listed shares of Chinese gaming firm NetEase Inc slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837538695,"gmtCreate":1629899058917,"gmtModify":1676530166239,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837538695","repostId":"2162087564","repostType":4,"repost":{"id":"2162087564","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1629836173,"share":"https://ttm.financial/m/news/2162087564?lang=&edition=fundamental","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","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","OEX":"标普100","SH":"标普500反向ETF",".DJI":"道琼斯","SSO":"两倍做多标普500ETF","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index"},"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":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835573424,"gmtCreate":1629729110768,"gmtModify":1676530114765,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/835573424","repostId":"2161418779","repostType":4,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888129603,"gmtCreate":1631459174302,"gmtModify":1676530551219,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888129603","repostId":"2166377033","repostType":2,"repost":{"id":"2166377033","kind":"news","pubTimestamp":1631504012,"share":"https://ttm.financial/m/news/2166377033?lang=&edition=fundamental","pubTime":"2021-09-13 11:33","market":"us","language":"en","title":"Sky-High Faang Stocks Were Never Anything But Screaming Bargains","url":"https://stock-news.laohu8.com/highlight/detail?id=2166377033","media":"Bloomberg","summary":" -- What explains the bull market’s ability to power on despite valuations that eclipse anything other than the dot-com bubble?Everything from passive investing to buybacks is trotted out to explain it, but the real reason is the uncanny predictability of corporate America’s earnings machine.Patience is being rewarded like at no other time. Thanks to a climb in profits that is as steady as it is steep, valuations that once made noses bleed turn out to be very reasonable when measured against inc","content":"<p>(Bloomberg) -- What explains the bull market’s ability to power on despite valuations that eclipse anything other than the dot-com bubble? Everything from passive investing to buybacks is trotted out to explain it, but the real reason is the uncanny predictability of corporate America’s earnings machine.</p>\n<p>Patience is being rewarded like at no other time. Thanks to a climb in profits that is as steady as it is steep, valuations that once made noses bleed turn out to be very reasonable when measured against income one or two years later. Call it retrospective P/E -- price divided by earnings that eventually come to pass.</p>\n<p>The result has been a rally that, while paling next to the late 1990s in terms of hysteria, has caught up in terms of duration. Every year, bears get more convinced the stock market will crash due to its high valuation. And every year it doesn’t.</p>\n<p>Case in point: the block of tech megacap companies known as the Faangs. Their tremendous ability to rapidly grow profits has defied Cassandras who said buying a Faang stock for more than 30 times earnings would haunt investors.</p>\n<p><img src=\"https://static.tigerbbs.com/a8276383dd4d2280d721ade3d6bf8db1\" tg-width=\"960\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p>\n<p>“Ultimately everything has to trade off fundamentals,” said Eric Marshall, a portfolio manager at Hodges Capital Management. “These Faang stocks are valued the way they are because they are disruptors -- they’ve changed the way people shop, they’ve changed the way people work, they’ve changed the way people consume media.”</p>\n<p>Take <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. in 2013, for instance. The stock looked gravely expensive one year after its debut, fetching a price-earnings ratio of 62 based on the income it generated in the previous 12 months. However, when measured against the profit that the social-media company made one year later, the stock cost only half as much.</p>\n<p>Amazon.com Inc. showed a similar story. The internet giant was traded at roughly 183 times reported earnings back then. When judged by earnings that materialized five years out, it was cheap -- for a multiple of 14.</p>\n<p>Needless to say, that year was the onset of a 530% rally for the Faangs -- Facebook, Apple Inc., Amazon, Microsoft Corp. and Google parent Alphabet Inc., an advance that easily dwarfs every major industry in the S&amp;P 500. Original Faang member Netflix Inc. has gained more than 1,000% since then.</p>\n<p>Bubble warnings were again heard when the broader market began to rally off the 2020 pandemic lows. Yet corporate profits have roared higher in such a spectacular fashion that those valuations, when analyzed against the actual earnings reported a year later, were almost 20% cheaper than analysts thought.</p>\n<p>Valuations are never great market-timing tools, yet they do matter in the long term since the more over-valued the market is, the lower its future returns. According to a study by Deutsche Bank AG, valuations similar to today’s have historically brought slightly negative returns on average in the ensuing five years.</p>\n<p>To Binky Chadha, Deutsche Bank’s chief strategist, current stretched multiples reflect confusion over exactly where the market is in the earnings cycle. With S&amp;P 500 firms exceeding analyst estimates by more than 15% for five quarters in a row, stocks are priced for a prolonged recovery and for large beats to continue, he says. Yet earnings are already 10% above the trend seen in past decades.</p>\n<p>“With the current cycle advancing very quickly, the risk that the correction is hard is growing,” Chadha wrote in a client note.</p>\n<p>Of course, there is no guarantee the great expectations embedded in share prices will come true, not even for the largest companies. While some of the Faangs just rode a resurgence in consumer and business spending to a quarter of record profits, Apple has warned that sales growth may be slowing amid a tight supply and Alphabet said it’s too early to forecast longer-term trends due to uncertainty over the pandemic.</p>\n<p>Not to mention the heightened regulatory scrutiny these behemoths face. Apple shares dropped more than 3% Friday after the iPhone maker was ordered by a court to allow developers to steer consumers to outside payment methods for mobile apps.</p>\n<p>Big tech bulls aren’t deterred. The Faang stocks have risen 8% this quarter, joining defensive shares like utilities as market leaders. While some say this is driven by desires for stable businesses amid heightened macro uncertainty, it’d be remiss to credit it all to a rush for safety.</p>\n<p><img src=\"https://static.tigerbbs.com/e0e73975d258a5fb607335c2cbbec006\" tg-width=\"960\" tg-height=\"540\" referrerpolicy=\"no-referrer\"></p>\n<p>Except for Amazon, the rest of the Faangs have all seen their earnings estimates rise, jumping an average 13% in the past three months. That compared with a 7.5% increase for the S&amp;P 500.</p>\n<p>Anyone who stared down the valuation warnings was proven right. The Faangs have added $8 trillion in share values since 2013, buttressed by an uninterrupted earnings expansion that endured the 2014-2015 oil shock and last year’s pandemic recession.</p>\n<p>And analysts’ estimates suggest the Faang bloc’s superior earnings strength will keep going, expanding at an annualized rate of 23% in the next three to five years, double the S&amp;P 500’s expected growth rate.</p>\n<p>“Their business models appear to be almost bulletproof,” said Mike Mullaney, director of global market research at Boston Partners. “I’m more willing to pay up for that.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sky-High Faang Stocks Were Never Anything But Screaming Bargains</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\">\nSky-High Faang Stocks Were Never Anything But Screaming Bargains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 11:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sky-high-faang-stocks-were-114500283.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- What explains the bull market’s ability to power on despite valuations that eclipse anything other than the dot-com bubble? Everything from passive investing to buybacks is trotted out ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sky-high-faang-stocks-were-114500283.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF","AAPL":"苹果","SH":"标普500反向ETF",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","GOOG":"谷歌","IVV":"标普500指数ETF","OEX":"标普100","GOOGL":"谷歌A"},"source_url":"https://finance.yahoo.com/news/sky-high-faang-stocks-were-114500283.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2166377033","content_text":"(Bloomberg) -- What explains the bull market’s ability to power on despite valuations that eclipse anything other than the dot-com bubble? Everything from passive investing to buybacks is trotted out to explain it, but the real reason is the uncanny predictability of corporate America’s earnings machine.\nPatience is being rewarded like at no other time. Thanks to a climb in profits that is as steady as it is steep, valuations that once made noses bleed turn out to be very reasonable when measured against income one or two years later. Call it retrospective P/E -- price divided by earnings that eventually come to pass.\nThe result has been a rally that, while paling next to the late 1990s in terms of hysteria, has caught up in terms of duration. Every year, bears get more convinced the stock market will crash due to its high valuation. And every year it doesn’t.\nCase in point: the block of tech megacap companies known as the Faangs. Their tremendous ability to rapidly grow profits has defied Cassandras who said buying a Faang stock for more than 30 times earnings would haunt investors.\n\n“Ultimately everything has to trade off fundamentals,” said Eric Marshall, a portfolio manager at Hodges Capital Management. “These Faang stocks are valued the way they are because they are disruptors -- they’ve changed the way people shop, they’ve changed the way people work, they’ve changed the way people consume media.”\nTake Facebook Inc. in 2013, for instance. The stock looked gravely expensive one year after its debut, fetching a price-earnings ratio of 62 based on the income it generated in the previous 12 months. However, when measured against the profit that the social-media company made one year later, the stock cost only half as much.\nAmazon.com Inc. showed a similar story. The internet giant was traded at roughly 183 times reported earnings back then. When judged by earnings that materialized five years out, it was cheap -- for a multiple of 14.\nNeedless to say, that year was the onset of a 530% rally for the Faangs -- Facebook, Apple Inc., Amazon, Microsoft Corp. and Google parent Alphabet Inc., an advance that easily dwarfs every major industry in the S&P 500. Original Faang member Netflix Inc. has gained more than 1,000% since then.\nBubble warnings were again heard when the broader market began to rally off the 2020 pandemic lows. Yet corporate profits have roared higher in such a spectacular fashion that those valuations, when analyzed against the actual earnings reported a year later, were almost 20% cheaper than analysts thought.\nValuations are never great market-timing tools, yet they do matter in the long term since the more over-valued the market is, the lower its future returns. According to a study by Deutsche Bank AG, valuations similar to today’s have historically brought slightly negative returns on average in the ensuing five years.\nTo Binky Chadha, Deutsche Bank’s chief strategist, current stretched multiples reflect confusion over exactly where the market is in the earnings cycle. With S&P 500 firms exceeding analyst estimates by more than 15% for five quarters in a row, stocks are priced for a prolonged recovery and for large beats to continue, he says. Yet earnings are already 10% above the trend seen in past decades.\n“With the current cycle advancing very quickly, the risk that the correction is hard is growing,” Chadha wrote in a client note.\nOf course, there is no guarantee the great expectations embedded in share prices will come true, not even for the largest companies. While some of the Faangs just rode a resurgence in consumer and business spending to a quarter of record profits, Apple has warned that sales growth may be slowing amid a tight supply and Alphabet said it’s too early to forecast longer-term trends due to uncertainty over the pandemic.\nNot to mention the heightened regulatory scrutiny these behemoths face. Apple shares dropped more than 3% Friday after the iPhone maker was ordered by a court to allow developers to steer consumers to outside payment methods for mobile apps.\nBig tech bulls aren’t deterred. The Faang stocks have risen 8% this quarter, joining defensive shares like utilities as market leaders. While some say this is driven by desires for stable businesses amid heightened macro uncertainty, it’d be remiss to credit it all to a rush for safety.\n\nExcept for Amazon, the rest of the Faangs have all seen their earnings estimates rise, jumping an average 13% in the past three months. That compared with a 7.5% increase for the S&P 500.\nAnyone who stared down the valuation warnings was proven right. The Faangs have added $8 trillion in share values since 2013, buttressed by an uninterrupted earnings expansion that endured the 2014-2015 oil shock and last year’s pandemic recession.\nAnd analysts’ estimates suggest the Faang bloc’s superior earnings strength will keep going, expanding at an annualized rate of 23% in the next three to five years, double the S&P 500’s expected growth rate.\n“Their business models appear to be almost bulletproof,” said Mike Mullaney, director of global market research at Boston Partners. “I’m more willing to pay up for that.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":719,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883398531,"gmtCreate":1631199988423,"gmtModify":1676530495660,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883398531","repostId":"1144589302","repostType":2,"repost":{"id":"1144589302","kind":"news","pubTimestamp":1631192439,"share":"https://ttm.financial/m/news/1144589302?lang=&edition=fundamental","pubTime":"2021-09-09 21:00","market":"us","language":"en","title":"The taper is starting. What happens next matters most","url":"https://stock-news.laohu8.com/highlight/detail?id=1144589302","media":"cnn","summary":"A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber","content":"<p>A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.</p>\n<p>London (CNN Business)On Tuesday, the Reserve Bank of Australia ripped off the stimulus band-aid and confirmed that it would start to scale back its bond-buying program this month despite concerns about the impact of the Delta coronavirus variant on the economy.</p>\n<p>The European Central Bank followed suit on Thursday, saying that it would make asset purchases at a \"moderately lower pace\" than in the previous two quarters.</p>\n<p>The decisions put Australian and European policymakers out in front of their colleagues in the United States and the United Kingdom, where plans to pare back emergency measures have been discussed but not finalized.</p>\n<p>But there's more to this story than the timetable. Instead, investors should look at the size and speed of the tapers, and examine how central bank policy is likely to change over a much longer time horizon.</p>\n<p>Australia, for example, is reducing weekly bond purchases from 5 billion Australian dollars to 4 billion Australian dollars, with buying continuing at that pace until early next year. Caution is still the word.</p>\n<p>\"The board's decision to extend the bond purchases at $4 billion a week until at least February 2022 reflects the delay in the economic recovery and the increased uncertainty associated with the Delta outbreak,\" the central bank said in its policy decision on Tuesday.</p>\n<p>In other words, we're still boosting the economy, just with slightly less juice than before.</p>\n<p>The ECB did not immediately expand on what it meant by \"a moderately lower pace\" of asset purchases, but said it may not need to buy the full €1.85 trillion ($2.2 trillion) authorized under its pandemic program.</p>\n<p>Investors will be listening for more details when ECB President Christine Lagarde speaks to reporters later on Thursday.</p>\n<p>But the future plans of the ECB and the Fed merit a closer look.</p>\n<p>What taper? The ECB's Pandemic Emergency Purchase Program won't be terminated until March 2022, even if the central bank judges that the coronavirus \"crisis phase\" is over.</p>\n<p>That stimulus comes on top of the roughly €20 billion ($23.7 billion) a month in bond purchases the ECB is making under a separate stimulus program initiated in 2014 called the Asset Purchase Program (APP).</p>\n<p>Analysts at Capital Economics expect the ECB to keep buying assets at a rate of around €90 billion ($106.6 billion) a month.</p>\n<p>\"While today's policy statement confirms that the ECB will reduce the pace of its asset purchases slightly compared to its average since March, this is a long way from being a 'full taper,'\" said Capital Economics.</p>\n<p>Even when the emergency pandemic program ends, many economists expect the ECB to increase bond purchases under the APP. And it goes without saying that an interest rate hike remains inconceivable any time soon.</p>\n<p>\"Will the ECB raise rates again in my lifetime?\" Societe Generale analyst Kit Juckes wondered aloud in a note to clients ahead of the ECB decision.</p>\n<p>The Federal Reserve is expected to begin scaling back its stimulus program later this year, with some policymakers calling for the program to end completely by the middle of 2022.</p>\n<p>\"The big picture is that the taper will get going this year and will end sometime by the first half of next year,\" James Bullard, president of the St. Louis Fed, told the Financial Times this week.</p>\n<p>Bullard said he wants the central bank to wrap up asset purchases in the first quarter of next year so that it's better prepared to combat inflation with interest rate hikes if price increases don't moderate as expected.</p>\n<p>Investors will need to wait for clarity from the Fed, which will issue its next monetary policy decision on September 22.</p>\n<p>Other factors the Fed will consider: Unemployment remains a problem in the United States, with the Delta variant contributing to a dreadful August jobs report. That's despite a record number of open jobs.</p>\n<p>And there was a sharp increase in bond yields — the \"taper tantrum\" — that occurred in 2013 when investors learned the Fed was winding down financial crisis-era quantitative easing program. The Fed doesn't want a repeat.</p>\n<p><b>Business travel still isn't happening</b></p>\n<p>This was the week when many workers were supposed to begin returning to offices, and business travelers started returning to the air.</p>\n<p>Neither of those things is happening the way US airlines had counted on, reports my CNN Business colleague Chris Isidore.</p>\n<p>With the rise of Covid-19 cases in recent months, many offices have pushed back reopening plans until later this fall or even into 2022. Without reopened offices to visit, many business travel plans have also been put on hold.</p>\n<p>\"Delaying back-to-office has an effect on business travel,\" said Philip Baggaley, chief credit analyst of transportation companies for Standard &amp; Poor's. \"It's harder to put together a trip where you see a bunch of different clients. And company travel policy can become more cautious.\"</p>\n<p>The numbers: In July, a survey of members by the Global Business Travel Association found 68% said they planned to begin business travel sometime in next three months. By August, that had dropped 35%.</p>\n<p>\"It's a pretty dramatic change of plans,\" said Adam Sacks, president of Tourism Economics. \"We expected to see some traction from business travel in the fall. Now we're not certain when it will happen.\"</p>\n<p><b>The debt ceiling is back</b></p>\n<p>The US government is about to run out money.</p>\n<p>Treasury Secretary Janet Yellen warned lawmakers on Wednesday that the US government will run out of money to pay its bills during the month of October unless they vote to raise the debt ceiling.</p>\n<p>What's this now? The debt ceiling is a legal limit on how much the US government can borrow, and (so far as we know) unique among developed economies.</p>\n<p>Remember: Raising the debt ceiling does not increase federal spending. All it does is allow the Treasury to cover the expenses that lawmakers in Congress — both Democrats and Republicans — have already authorized.</p>\n<p>But that doesn't prevent lawmakers — especially Republicans when there's a Democratic president — from using the debt ceiling to hold America hostage. If the debt ceiling doesn't go up, the United States defaults.</p>\n<p>\"It would be financial Armageddon,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business. \"It's complete craziness to even contemplate the idea of not paying our debt on time.\"</p>\n<p>Damaging debate: The politics around the debt ceiling are tiresome, to put it mildly. But they are also damaging to investors and businesses.</p>\n<p>\"We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States,\" Yellen wrote in a letter to House Speaker Nancy Pelosi on Wednesday.</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>The taper is starting. What happens next matters most</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe taper is starting. What happens next matters most\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/09/09/investing/premarket-stocks-trading/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.\nLondon (CNN Business)On Tuesday, the Reserve Bank of Australia ripped ...</p>\n\n<a href=\"https://edition.cnn.com/2021/09/09/investing/premarket-stocks-trading/index.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","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://edition.cnn.com/2021/09/09/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144589302","content_text":"A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.\nLondon (CNN Business)On Tuesday, the Reserve Bank of Australia ripped off the stimulus band-aid and confirmed that it would start to scale back its bond-buying program this month despite concerns about the impact of the Delta coronavirus variant on the economy.\nThe European Central Bank followed suit on Thursday, saying that it would make asset purchases at a \"moderately lower pace\" than in the previous two quarters.\nThe decisions put Australian and European policymakers out in front of their colleagues in the United States and the United Kingdom, where plans to pare back emergency measures have been discussed but not finalized.\nBut there's more to this story than the timetable. Instead, investors should look at the size and speed of the tapers, and examine how central bank policy is likely to change over a much longer time horizon.\nAustralia, for example, is reducing weekly bond purchases from 5 billion Australian dollars to 4 billion Australian dollars, with buying continuing at that pace until early next year. Caution is still the word.\n\"The board's decision to extend the bond purchases at $4 billion a week until at least February 2022 reflects the delay in the economic recovery and the increased uncertainty associated with the Delta outbreak,\" the central bank said in its policy decision on Tuesday.\nIn other words, we're still boosting the economy, just with slightly less juice than before.\nThe ECB did not immediately expand on what it meant by \"a moderately lower pace\" of asset purchases, but said it may not need to buy the full €1.85 trillion ($2.2 trillion) authorized under its pandemic program.\nInvestors will be listening for more details when ECB President Christine Lagarde speaks to reporters later on Thursday.\nBut the future plans of the ECB and the Fed merit a closer look.\nWhat taper? The ECB's Pandemic Emergency Purchase Program won't be terminated until March 2022, even if the central bank judges that the coronavirus \"crisis phase\" is over.\nThat stimulus comes on top of the roughly €20 billion ($23.7 billion) a month in bond purchases the ECB is making under a separate stimulus program initiated in 2014 called the Asset Purchase Program (APP).\nAnalysts at Capital Economics expect the ECB to keep buying assets at a rate of around €90 billion ($106.6 billion) a month.\n\"While today's policy statement confirms that the ECB will reduce the pace of its asset purchases slightly compared to its average since March, this is a long way from being a 'full taper,'\" said Capital Economics.\nEven when the emergency pandemic program ends, many economists expect the ECB to increase bond purchases under the APP. And it goes without saying that an interest rate hike remains inconceivable any time soon.\n\"Will the ECB raise rates again in my lifetime?\" Societe Generale analyst Kit Juckes wondered aloud in a note to clients ahead of the ECB decision.\nThe Federal Reserve is expected to begin scaling back its stimulus program later this year, with some policymakers calling for the program to end completely by the middle of 2022.\n\"The big picture is that the taper will get going this year and will end sometime by the first half of next year,\" James Bullard, president of the St. Louis Fed, told the Financial Times this week.\nBullard said he wants the central bank to wrap up asset purchases in the first quarter of next year so that it's better prepared to combat inflation with interest rate hikes if price increases don't moderate as expected.\nInvestors will need to wait for clarity from the Fed, which will issue its next monetary policy decision on September 22.\nOther factors the Fed will consider: Unemployment remains a problem in the United States, with the Delta variant contributing to a dreadful August jobs report. That's despite a record number of open jobs.\nAnd there was a sharp increase in bond yields — the \"taper tantrum\" — that occurred in 2013 when investors learned the Fed was winding down financial crisis-era quantitative easing program. The Fed doesn't want a repeat.\nBusiness travel still isn't happening\nThis was the week when many workers were supposed to begin returning to offices, and business travelers started returning to the air.\nNeither of those things is happening the way US airlines had counted on, reports my CNN Business colleague Chris Isidore.\nWith the rise of Covid-19 cases in recent months, many offices have pushed back reopening plans until later this fall or even into 2022. Without reopened offices to visit, many business travel plans have also been put on hold.\n\"Delaying back-to-office has an effect on business travel,\" said Philip Baggaley, chief credit analyst of transportation companies for Standard & Poor's. \"It's harder to put together a trip where you see a bunch of different clients. And company travel policy can become more cautious.\"\nThe numbers: In July, a survey of members by the Global Business Travel Association found 68% said they planned to begin business travel sometime in next three months. By August, that had dropped 35%.\n\"It's a pretty dramatic change of plans,\" said Adam Sacks, president of Tourism Economics. \"We expected to see some traction from business travel in the fall. Now we're not certain when it will happen.\"\nThe debt ceiling is back\nThe US government is about to run out money.\nTreasury Secretary Janet Yellen warned lawmakers on Wednesday that the US government will run out of money to pay its bills during the month of October unless they vote to raise the debt ceiling.\nWhat's this now? The debt ceiling is a legal limit on how much the US government can borrow, and (so far as we know) unique among developed economies.\nRemember: Raising the debt ceiling does not increase federal spending. All it does is allow the Treasury to cover the expenses that lawmakers in Congress — both Democrats and Republicans — have already authorized.\nBut that doesn't prevent lawmakers — especially Republicans when there's a Democratic president — from using the debt ceiling to hold America hostage. If the debt ceiling doesn't go up, the United States defaults.\n\"It would be financial Armageddon,\" Mark Zandi, chief economist at Moody's Analytics, told CNN Business. \"It's complete craziness to even contemplate the idea of not paying our debt on time.\"\nDamaging debate: The politics around the debt ceiling are tiresome, to put it mildly. But they are also damaging to investors and businesses.\n\"We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States,\" Yellen wrote in a letter to House Speaker Nancy Pelosi on Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817410960,"gmtCreate":1630979709250,"gmtModify":1676530433064,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/817410960","repostId":"2165809018","repostType":2,"repost":{"id":"2165809018","kind":"highlight","pubTimestamp":1630975805,"share":"https://ttm.financial/m/news/2165809018?lang=&edition=fundamental","pubTime":"2021-09-07 08:50","market":"us","language":"en","title":"Investors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2165809018","media":"MarketWatch","summary":"Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be","content":"<p>Even pros rarely beat the stock market</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c518e42fc389c9a262ce1a76a11d484e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Getty Images</span></p>\n<p>Beating the market is so difficult that you'd be excused for giving up.</p>\n<p>But unlike what happens when you give up elsewhere in life, in the investment arena it's actually a shrewd strategy for winning.</p>\n<p>After more than 40 years of rigorously auditing the performance of investment advisers, I have learned that over the long term, buying and holding an index fund that tracks the S&amp;P 500 or other broad index nearly always comes out ahead of all other attempts to do better, such as market timing or picking particular stocks, ETFs and mutual funds.</p>\n<p>It's amazing when you think about it: What other pursuit in life is there in which you can come close to winning every race by simply sitting on your hands and doing nothing?</p>\n<p>I'm not saying it's impossible to beat the market. What I am saying is that it's very difficult and rare. And it's even rarer for an adviser who beats the market in one period to do so in the successive period as well.</p>\n<p>I am not the first person to point this out. But what I can contribute to the debate is my extensive performance database that contains real-world returns back to 1980. It compellingly shows how impossibly low your odds are of winning when trying to beat the market.</p>\n<p>My first step in drawing investment lessons from my huge database was to construct a list of investment newsletter portfolios that at any point since 1980 were in the top 10% for performance in a given calendar year. Given how many newsletters my Hulbert Financial Digest has monitored over the years, this list of top decile performers was sizable, containing more than 1,500 portfolios. By construction, the percentiles of their performance rank all fell between 90 and 100, and averaged 95.</p>\n<p>What I wanted to measure was how these newsletter portfolios performed in the immediately succeeding year. If performance were a matter of pure skill, then we'd expect that they would have been in the top decile for performance in that second year as well--with an average percentile rank that also was 95.</p>\n<p>That's not what I found, however--not by a long shot. These newsletters' average percentile rank in that second year was just 51.5. That is statistically similar to the 50.0 it would have been if performance were a matter of pure luck.</p>\n<p>I next repeated this analysis for each of the other nine deciles for initial-year performance rank. As you can see from this chart, their expected ranks in the successive years were very close to the 50 percentile, regardless of their performance in the initial year.</p>\n<p><img src=\"https://static.tigerbbs.com/ebfad8a8d9638e4b57cf085b425e5742\" tg-width=\"700\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p>\n<p>The only exception came for newsletters in the bottom 10% for first-year return. The average second-year percentile ranking was 38.8--significantly below what you'd expect if performance were a matter of pure luck. In other words, it's a decent bet that one year's worst adviser will have a below-average performance in the subsequent year too.</p>\n<p>What these results mean: While investment advisory performance is not a matter of pure randomness, the deviations from randomness primarily occur among the worst performers--not the best. Unfortunately that doesn't help us to beat the market.</p>\n<p>By the way, don't think that you can wriggle out from these conclusions by arguing that other kinds of advisers are better than newsletter editors. At least in regards to the persistence (or lack thereof) between past and future performance, newsletter editors are no different than managers of mutual funds, ETFs, hedge funds and private-equity funds.</p>\n<p><b>Beware of arrogance</b></p>\n<p>While I believe the data are conclusive, I'm not holding my breath that it will persuade many of you to throw in the towel and go with an index fund. That's because the typical investor all too often believes that the poor odds of beating the market apply to everyone else but not to him individually.</p>\n<p>It reminds me of the famous study in which almost all of us indicate we're better-than-average drivers.</p>\n<p>This arrogance has obviously dangerous consequences on our roads and highways. But it's dangerous in the investment arena as well because it leads investors into incurring greater and greater risks.</p>\n<p>That creates a downward spiral: When the arrogant investor starts losing to the market, which inevitably happens sooner or later, he pursues an even riskier strategy to make up for his prior loss. That in turn invariably leads him to suffer even greater losses. And the cycle repeats.</p>\n<p>The temptation of arrogance is particularly evident when it comes to social media. Psychologists have found that younger investors are far more inclined to pursue risky strategies when they are being watched than when operating alone. This helps to explain the bravado that so frequently is exhibited on investment-focused social media platforms.</p>\n<p>Buying and holding an index fund is boring. Adherents are rarely drawn to social media in the first place, and even if they are, they rarely post that they are continuing to hold the same investment they've had for years.</p>\n<p><b>Beware of this trick, too</b></p>\n<p>A similar dynamic leads those who frequent social media to brag about their spectacular winners while ignoring their losers. One frequent way they do it is to annualize their returns from a short-term trade and then boast about that figure. Imagine a stock that goes from $10 to $11 in a week's time. In itself, that doesn't seem particularly remarkable. On an annualized basis, however, that is equivalent to a gain of more than 14,000%.</p>\n<p>Readers of these social media boasts initially must believe they are the only ones with a mixture of both winning and losing trades. Only later do they discover the unspoken rules of social media platforms: it's bad form to ask fellow investors about their losers, just like it's poor etiquette after a round of golf to ask the boastful golfer whether he actually beat par.</p>\n<p>Humility is a virtue in the investment area. We would do well to remember Socrates' famous line: \"I am the wisest man alive, for I know one thing, and that is that I know nothing.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains</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\">\nInvestors love to boast about their great stock picks, but beware of those who use fancy math to calculate their gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 08:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be excused for giving up.\nBut unlike what happens when you give up elsewhere in life, in the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/investors-love-to-boast-about-their-great-stock-picks-but-beware-of-those-who-use-fancy-math-to-calculate-their-gains-11630784143?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165809018","content_text":"Even pros rarely beat the stock market\nGetty Images\nBeating the market is so difficult that you'd be excused for giving up.\nBut unlike what happens when you give up elsewhere in life, in the investment arena it's actually a shrewd strategy for winning.\nAfter more than 40 years of rigorously auditing the performance of investment advisers, I have learned that over the long term, buying and holding an index fund that tracks the S&P 500 or other broad index nearly always comes out ahead of all other attempts to do better, such as market timing or picking particular stocks, ETFs and mutual funds.\nIt's amazing when you think about it: What other pursuit in life is there in which you can come close to winning every race by simply sitting on your hands and doing nothing?\nI'm not saying it's impossible to beat the market. What I am saying is that it's very difficult and rare. And it's even rarer for an adviser who beats the market in one period to do so in the successive period as well.\nI am not the first person to point this out. But what I can contribute to the debate is my extensive performance database that contains real-world returns back to 1980. It compellingly shows how impossibly low your odds are of winning when trying to beat the market.\nMy first step in drawing investment lessons from my huge database was to construct a list of investment newsletter portfolios that at any point since 1980 were in the top 10% for performance in a given calendar year. Given how many newsletters my Hulbert Financial Digest has monitored over the years, this list of top decile performers was sizable, containing more than 1,500 portfolios. By construction, the percentiles of their performance rank all fell between 90 and 100, and averaged 95.\nWhat I wanted to measure was how these newsletter portfolios performed in the immediately succeeding year. If performance were a matter of pure skill, then we'd expect that they would have been in the top decile for performance in that second year as well--with an average percentile rank that also was 95.\nThat's not what I found, however--not by a long shot. These newsletters' average percentile rank in that second year was just 51.5. That is statistically similar to the 50.0 it would have been if performance were a matter of pure luck.\nI next repeated this analysis for each of the other nine deciles for initial-year performance rank. As you can see from this chart, their expected ranks in the successive years were very close to the 50 percentile, regardless of their performance in the initial year.\n\nThe only exception came for newsletters in the bottom 10% for first-year return. The average second-year percentile ranking was 38.8--significantly below what you'd expect if performance were a matter of pure luck. In other words, it's a decent bet that one year's worst adviser will have a below-average performance in the subsequent year too.\nWhat these results mean: While investment advisory performance is not a matter of pure randomness, the deviations from randomness primarily occur among the worst performers--not the best. Unfortunately that doesn't help us to beat the market.\nBy the way, don't think that you can wriggle out from these conclusions by arguing that other kinds of advisers are better than newsletter editors. At least in regards to the persistence (or lack thereof) between past and future performance, newsletter editors are no different than managers of mutual funds, ETFs, hedge funds and private-equity funds.\nBeware of arrogance\nWhile I believe the data are conclusive, I'm not holding my breath that it will persuade many of you to throw in the towel and go with an index fund. That's because the typical investor all too often believes that the poor odds of beating the market apply to everyone else but not to him individually.\nIt reminds me of the famous study in which almost all of us indicate we're better-than-average drivers.\nThis arrogance has obviously dangerous consequences on our roads and highways. But it's dangerous in the investment arena as well because it leads investors into incurring greater and greater risks.\nThat creates a downward spiral: When the arrogant investor starts losing to the market, which inevitably happens sooner or later, he pursues an even riskier strategy to make up for his prior loss. That in turn invariably leads him to suffer even greater losses. And the cycle repeats.\nThe temptation of arrogance is particularly evident when it comes to social media. Psychologists have found that younger investors are far more inclined to pursue risky strategies when they are being watched than when operating alone. This helps to explain the bravado that so frequently is exhibited on investment-focused social media platforms.\nBuying and holding an index fund is boring. Adherents are rarely drawn to social media in the first place, and even if they are, they rarely post that they are continuing to hold the same investment they've had for years.\nBeware of this trick, too\nA similar dynamic leads those who frequent social media to brag about their spectacular winners while ignoring their losers. One frequent way they do it is to annualize their returns from a short-term trade and then boast about that figure. Imagine a stock that goes from $10 to $11 in a week's time. In itself, that doesn't seem particularly remarkable. On an annualized basis, however, that is equivalent to a gain of more than 14,000%.\nReaders of these social media boasts initially must believe they are the only ones with a mixture of both winning and losing trades. Only later do they discover the unspoken rules of social media platforms: it's bad form to ask fellow investors about their losers, just like it's poor etiquette after a round of golf to ask the boastful golfer whether he actually beat par.\nHumility is a virtue in the investment area. We would do well to remember Socrates' famous line: \"I am the wisest man alive, for I know one thing, and that is that I know nothing.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":915,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814725048,"gmtCreate":1630886837384,"gmtModify":1676530410657,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814725048","repostId":"2164872049","repostType":4,"repost":{"id":"2164872049","kind":"highlight","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":1630679468,"share":"https://ttm.financial/m/news/2164872049?lang=&edition=fundamental","pubTime":"2021-09-03 22:31","market":"us","language":"en","title":"Zooming In On Zoom's Solid But Not Good Enough Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2164872049","media":"Benzinga","summary":"Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ: ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows.","content":"<p>Despite logging its first billion-dollar quarter, the stock of&nbsp;<b>Zoom</b>&nbsp;<b>Video Communications</b> (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.</p>\n<h4>Q2 Figures</h4>\n<p>For the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter &nbsp;and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.</p>\n<p>Gross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.</p>\n<h4>Outlook</h4>\n<p>During the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.</p>\n<p>As for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.</p>\n<p>For the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.</p>\n<p>The forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.</p>\n<p>The guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.</p>\n<h4>The Verdict</h4>\n<p>By most standards,&nbsp;Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.</p>\n<p><i>This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com</i></p>\n<p>The post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.</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>Zooming In On Zoom's Solid But Not Good Enough Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZooming In On Zoom's Solid But Not Good Enough Results\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\">2021-09-03 22:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Despite logging its first billion-dollar quarter, the stock of&nbsp;<b>Zoom</b>&nbsp;<b>Video Communications</b> (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.</p>\n<h4>Q2 Figures</h4>\n<p>For the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter &nbsp;and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.</p>\n<p>Gross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.</p>\n<h4>Outlook</h4>\n<p>During the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.</p>\n<p>As for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.</p>\n<p>For the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.</p>\n<p>The forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.</p>\n<p>The guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.</p>\n<h4>The Verdict</h4>\n<p>By most standards,&nbsp;Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.</p>\n<p><i>This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com</i></p>\n<p>The post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164872049","content_text":"Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ:ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows. In simple words, the video platform has continued to grow, but not at the overly optimistic pace that analysts expected.\nQ2 Figures\nFor the quarter that ended on July 31st, revenue increased by 54% YoY in the quarter  and topping $1 billion for the first time as it amounted to $1.02 billion, also exceeding Refinitiv expectations of $991.0 million as expected by analysts, according to Refinitiv. Adjusted net income came in 48% higher from the year-ago quarter, amounting to $1.36 per share, also exceeding $1.16 expected by Refinitiv. Free cash flow improved 22% as it improved to $455 million.\nGross margin improved from 72.3% in the previous quarter to 74.4%. Gross margin benefited from new data center capacity as well as lower usage during the summer, thanks in part to the school break. The Zoom Phone cloud-based phone service expanded from 1.5 million three months earlier to 2 million seats.\nOutlook\nDuring the quarter, Zoom announced it will acquire cloud contact-center software provider Five9, along with the availability of Zoom Events for premium online meetings. The video communications company also invested in event software maker Cvent that sought to go public through a SPAC.\nAs for the undergoing quarter, Zoom is guiding to 31% growth. Adjusted earnings per share are expected in the range between $1.07 to $1.08 with $1.015 billion to $1.020 billion in revenue.\nFor the full fiscal year, it improved its forecast as coronavirus case counts have increased and many companies delayed plans to reopen offices. Adjusted earnings are expected to be in the range between $4.75 to $4.79 per share with the revenue range being within $4.005 billion and $4.015 billion in revenue. Previous estimates for adjusted earnings were $4.56 to $4.61 and $3.98 billion to $3.99 billion for revenue.\nThe forecast is ahead of analysts' consensus estimates for both adjusted earnings per share and revenue, being $4.67 and $4.01 billion, respectively.\nThe guidance assumes strong growth for the direct and channel businesses, but also a weakness in the online business because of challenges encountered by smaller customers and consumers. Gross margin is expected to expand with students resuming classes.\nThe Verdict\nBy most standards, Zoom's business metrics look solid with 2,278 customers contributing $100,000 or more to its annual revenue. This is well over double its last year's big-client count. Customers with more than 10 employees vaulted over the half-million mark, up 36% YoY. On a trailing 12-month basis, net dollar expansion rates remained above 130%. But its results just weren't good enough for Wall Street who was not pleased to see the company calling for roughly flat third-quarter revenue compared to the second quarter.\nThis article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com\nThe post Zooming in on Zoom's Solid But Not Good Enough Results appeared first on IAM Newswire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815680435,"gmtCreate":1630675467127,"gmtModify":1676530373016,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good news!","listText":"Good news!","text":"Good news!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815680435","repostId":"1136677026","repostType":2,"repost":{"id":"1136677026","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630670958,"share":"https://ttm.financial/m/news/1136677026?lang=&edition=fundamental","pubTime":"2021-09-03 20:09","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1136677026","media":"Tiger Newspress","summary":"U.S. stock index futures held near record highs on Friday as all attention shifted to the highly ant","content":"<p>U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&amp;P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5654a93189551099412c1148187624d6\" tg-width=\"914\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The S&amp;P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.</p>\n<p>The labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a> – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.</p>\n<p><a href=\"https://laohu8.com/S/MDB\">MongoDB Inc.</a> – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PD\">PagerDuty, Inc.</a> – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.</p>\n<p><a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.</p>\n<p><a href=\"https://laohu8.com/S/WDC\">Western Digital</a> – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.</p>\n<p><a href=\"https://laohu8.com/S/DOCU\">Docusign</a> – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.</p>\n<p><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.</p>\n<p><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.</p>\n<p><a href=\"https://laohu8.com/S/ACB\">Aurora Cannabis Inc</a> – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.</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 Friday</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 Friday\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\">2021-09-03 20:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&amp;P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5654a93189551099412c1148187624d6\" tg-width=\"914\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The S&amp;P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.</p>\n<p>The labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a> – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.</p>\n<p><a href=\"https://laohu8.com/S/MDB\">MongoDB Inc.</a> – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PD\">PagerDuty, Inc.</a> – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.</p>\n<p><a href=\"https://laohu8.com/S/HPE\">Hewlett Packard Enterprise</a> – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.</p>\n<p><a href=\"https://laohu8.com/S/WDC\">Western Digital</a> – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.</p>\n<p><a href=\"https://laohu8.com/S/DOCU\">Docusign</a> – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.</p>\n<p><a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.</p>\n<p><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.</p>\n<p><a href=\"https://laohu8.com/S/ACB\">Aurora Cannabis Inc</a> – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136677026","content_text":"U.S. stock index futures held near record highs on Friday as all attention shifted to the highly anticipated jobs report that could feed into the Federal Reserve’s plans to taper its massive pandemic-era stimulus.\nAt 8:05 a.m. ET, Dow E-minis were up 46 points, or 0.13%, S&P 500 E-minis were up 7.75 points, or 0.17% and Nasdaq 100 E-minis were up 25.75 points, or 0.17%.\n*Source From Tiger Trade, EST 08:05\nThe S&P 500 and the Nasdaq have scaled all-time highs over the past few weeks on support from robust corporate earnings, but investors have grown cautious recently as the Fed issued hawkish signals while data pointed to a slowdown in a broader economic recovery.\nThe labor market remains the key touchstone for the Fed, with Chair Jerome Powell hinting at the Jackson Hole Symposium last week that reaching full employment was a pre-requisite for the central bank to start paring back its asset purchases.\nStocks making the biggest moves in the premarket:\nNetflix – The video streaming service’s stock remains on watch today after rising in 14 of the past 15 sessions and hitting an all-time high in Thursday’s session.\nMongoDB Inc. – MongoDB lost 24 cents per share for its latest quarter, narrower than the 39 cent loss that analysts anticipated. The database platform company also reported better-than-expected revenue and gave upbeat current-quarter revenue guidance. Shares soared 13.5% in premarket action.\nPagerDuty, Inc. – PagerDuty shares surged 14.5% in the premarket, after reporting a loss and revenue that beat consensus. The provider of digital operations management solutions reported an adjusted loss of 13 cents per share for its latest quarter, 2 cents narrower than expected, while issuing a strong current-quarter revenue outlook.\nHewlett Packard Enterprise – Hewlett Packard Enterprise came in 5 cents ahead of estimates with adjusted quarterly earnings of 47 cents per share, while revenue was essentially in line with analyst forecasts. The company’s business continues to get a boost from the pandemic-driven move to digital operations.\nWestern Digital – The disk drive maker’s shares added 1.9% in the premarket, following a published report in Japan saying memory chip maker Kioxia favors a planned initial public offering over a possible merger with Western Digital. The two sides had reportedly been in advanced talks to merge in a deal worth $20 billion or more.\nDocusign – DocuSign beat estimates by 7 cents with adjusted quarterly earnings of 47 cents per share and revenue that topped Street forecasts. The provider of electronic signature technology also raised its full-year guidance for total revenue, subscription revenue and billings.\nBroadcom – The chip maker reported adjusted quarterly earnings of $6.96 per share, 8 cents above estimates, with revenue slightly above consensus. Broadcom also issued an upbeat current-quarter outlook as it continues to see strong demand in the 5G mobile market.\nfuboTV Inc. – The sports programming streaming service’s shares jumped 4.5% in premarket trading after it received approval from Arizona regulators to offer mobile wagering in the state. Arizona is the second state to allow fuboTV to offer such betting, following a recent approval in Iowa.\nAurora Cannabis Inc – The cannabis producer’s shares were upgraded to “hold” from “underperform” at Jefferies, which cited a number of factors including valuation. The stock added 1% in premarket trading.\nMicroStrategy – The business analytics company’s stock rose 3.1% in the premarket, as it continues to closely track movements in bitcoin. MicroStrategy has more than $5 billion in bitcoin on its balance sheet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":728,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837536611,"gmtCreate":1629899097833,"gmtModify":1676530166262,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837536611","repostId":"2162059068","repostType":4,"repost":{"id":"2162059068","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1629898684,"share":"https://ttm.financial/m/news/2162059068?lang=&edition=fundamental","pubTime":"2021-08-25 21:38","market":"us","language":"en","title":"Is Cisco Stock A Buy? Analyst Day Slated For Sept. 15 Amid Shift To Software, Services","url":"https://stock-news.laohu8.com/highlight/detail?id=2162059068","media":"Investors","summary":"A rebound in Cisco stock is largely tied to corporate spending on information technology as the Covid-19 emergency eases. Cloud computing sales are up but 5G wireless has yet to kick in.","content":"<p>Shares in<b> <a href=\"https://laohu8.com/S/CSCO\">Cisco</a> Systems</b> have advanced nearly 32% in 2021 amid the market's rotation to \"value\" stocks tied to an economic rebound. The outlook for CSCO stock depends on spending trends for cloud computing infrastructure as well as corporate and telecom networks.</p>\n<p>CSCO stock plans to hold its first analyst day in a few years on Sept. 15. Cisco stock provided mixed guidance for its fiscal first quarter of 2022.</p>\n<p>\"(First-quarter) revenue guidance was slightly above estimates, but (per-share earnings) and gross margin guidance were below expectations, impacted by ongoing supply chain constraints,\" Bank of America analyst Tal Liani said in a note to clients.</p>\n<p>\"(Fiscal Q4) order growth was strong, with all verticals showing solid acceleration, yet we flag some weakness in key growth areas, with security, software and subscriptions decelerating sharply, which might reflect some share losses, especially in security,\" Liani went on to say.</p>\n<p>During the coronavirus pandemic, corporate spending on data networks slowed amid increased office vacancy rates. One view is that corporate networks will be less important if remote work becomes entrenched.</p>\n<p>As a result, Cisco stock needs to hike investments in next-generation enterprise networks. The company aims to help corporate customers build hybrid network architectures that utilize on-premise data centers and cloud-computing infrastructure.</p>\n<h2>Cisco Stock: Transformational Acquisition Needed?</h2>\n<p>Cisco aims to build up its Webex video conferencing platform versus<b> <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></b> and <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications</b>. It recently&nbsp;acquired Socio Labs to boost Webex events.</p>\n<p>At its Cisco Live virtual conference in late March, Cisco touted \"hybridization as a foundation block to its product strategy,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Meta Marshall said in a note to clients.</p>\n<p>One big question is whether Cisco can gain share in cloud computing data centers. In that market, <b>Arista Networks</b> is Cisco's main rival.</p>\n<p>In addition, the tech icon aims to increase recurring revenue from subscription-based software and services and shift away from its core business of selling network switches and routers. Some CSCO stock bulls believe a big, transformational acquisition is needed.</p>\n<p>Cisco has brought in a new chief financial officer, Scott Herren from <b>Autodesk</b>.</p>\n<p>Cisco stock remains one of the top U.S. tech companies in terms of cash on its balance sheet. With 4% dividend yield, CSCO stock still finds support among institutional investors. While Cisco stock provides an attractive dividend, its buyback program has slowed.</p>\n<h2>CSCO Stock Technical Analysis</h2>\n<p>From a 1990 initial public offering through early 2000, Cisco thrived as a major supplier of the hardware to build internet networks, both to telecom firms and large companies outside that sector. Cisco stock soared more than 100,000% in that period, before the dot.com bubble burst.</p>\n<p>From the first quarter of 2016 through the end of 2017, Cisco revenue was flat or fell. Revenue began growing again, albeit in low single digits, starting in early 2018. The inflection put Cisco stock in rally mode.</p>\n<p>After its October 2017 breakout, Cisco stock in 2019 touched new highs not seen since late 2000 during the dot.com boom. As it stands, Cisco stock does not belong to the IBD Long Term Leaders list.</p>\n<p>Cisco earnings growth in 2018 owed much to Trump administration tax changes.</p>\n<h2>Cisco's Growth Through Acquisitions</h2>\n<p>Much of Cisco's revenue growth has come from acquisitions.</p>\n<p>Cisco on Dec. 7 agreed to buy U.K.-based IMImobile, which sells cloud communications software, in a deal valued at $730 million.</p>\n<p>In May 2020, Cisco acquired ThousandEyes, a networking intelligence company, for about $1 billion.</p>\n<p>In 2017, Cisco acquired software maker AppDynamics for $3.7 billion. It bought <a href=\"https://laohu8.com/S/BSFT\">BroadSoft</a> for $1.9 billion in late 2017.</p>\n<p>In July 2019, Cisco acquired Duo Security for $2.35 billion, marking its biggest cybersecurity acquisition since its purchase of Sourcefire in 2013. Acquiring Duo Security bolstered Cisco in an emerging category called zero trust cybersecurity.</p>\n<p>Aside from acquisitions, new accounting rules have been a plus for revenue recognition. The rules known as ASC 606 require upfront recognition of multiyear software licenses.</p>\n<h2>CSCO Stock: Shift To Software And Services</h2>\n<p>As companies shift business workloads to cloud computing services&nbsp;like Amazon Web Services, part of <b>Amazon.com</b>, they could spend less on internal computer networks.&nbsp;In addition, Cisco has lost share in several large markets, though it aims to rebound in cybersecurity.</p>\n<p>Cisco stock reported July quarter earnings of 84 cents per share, up 5% from a year earlier. Revenue rose 8% to $13.1 billion, including acquisitions such as Acacia Communications.</p>\n<p>Software revenue in the quarter was $4 billion, up 9% year-over-year.</p>\n<p>Analysts estimated that Cisco would earn 83 cents per share on revenue of $13.04 billion, according to FactSet.</p>\n<p>For its current fiscal first quarter ending in October, Cisco forecast profit of 80 cents versus estimates of 81 cents. Cisco forecast lower gross margins in the October quarter due to supply chain constraints.</p>\n<p>Cisco projected revenue growth of 8.5% at the midpoint of its guidance, topping estimates of 7.5% to $12.83 billion.</p>\n<p>For full-year, fiscal 2022 Cisco said it expects revenue growth in a range of 5% to 7%, slowing from the October quarter. Even so, Cisco's revenue 2022 outlook topped estimates of 4.5%.</p>\n<p>Year-over-year revenue comparisons for Cisco will be tougher in the back half of fiscal 2022.</p>\n<h2>Cisco Stock: Gross Margins Impacted By Supply Chain</h2>\n<p>Global chip shortages have slowed manufacturing. One question has been Cisco's ability to pass on higher costs to customers through product price hikes. In the long run, analysts expect Cisco margins to improve as more revenue comes from software products.</p>\n<p>One bright spot for CSCO stock has been sales of Catalyst 9000 computer network switches.&nbsp;Also, there's opportunity for Cisco in data center upgrades. The so-called \"internet cloud\" is made up of warehouse-sized data centers.</p>\n<p>They're packed with racks of computer servers, data storage systems and networking gear. Most cloud computing data centers now use 100 gigabit-per-second communications gear.</p>\n<p>A data center upgrade cycle to 400G technology has been delayed. The big question is whether Arista or Cisco will gain share in the 400G upgrade cycle.</p>\n<h2>Cisco Stock: Upside From Data Centers?</h2>\n<p>Cisco in 2019 agreed to buy Acacia Communications, a maker of 400G devices, for $2.6 billion in cash. China's government delayed approval of the deal. In January, Cisco upped its offer for Acacia to $4.5 billion and the deal finally closed.</p>\n<p>Arista beat Cisco to market in cloud data centers by grabbing Microsoft, <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> and <b>Amazon.com</b> as customers. But Cisco reportedly has gained business from Microsoft.</p>\n<p>Also, analysts say Cisco is also well-positioned as corporate buyers shift to networking technology called software-defined wide-area networking, or SD-WAN. The technology often taps bandwidth on the public internet.</p>\n<p>With SD-WAN, companies have less need for costly private data networks leased from telecom companies. Cisco competes with <b>VMware</b>, startup Aryaka, <b>Fortinet</b> and CloudGenix in the SDN market. <b><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></b> recently bought CloudGenix.</p>\n<h2>CSCO Stock: Is It A Buy Now?</h2>\n<p>According to the IBD Stock Checkup, CSCO stock holds a Relative Strength Rating of&nbsp; 83 out of a possible 99. The best stocks tend to have an RS rating of 80 or better.</p>\n<p>In addition, CSCO stock has an Accumulation/Distribution Rating of B, according to IBD MarketSmith analysis.&nbsp; The rating analyzes price and volume changes in a stock over the past 13 weeks of trading. On an A+ to E scale, the rating measures institutional buying and selling in a stock. A+ signifies heavy institutional buying; E means heavy selling. Think of the C grade as neutral.</p>\n<p>As of Aug. 25, CSCO stock trades above a buy zone, with a flat base entry point of 55.45.</p>\n<p>In the meantime, there are other options to find the best stocks to buy or watch. Check out IBD Stock Lists and other IBD content.</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>Is Cisco Stock A Buy? Analyst Day Slated For Sept. 15 Amid Shift To Software, Services</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Cisco Stock A Buy? Analyst Day Slated For Sept. 15 Amid Shift To Software, Services\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-08-25 21:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares in<b> <a href=\"https://laohu8.com/S/CSCO\">Cisco</a> Systems</b> have advanced nearly 32% in 2021 amid the market's rotation to \"value\" stocks tied to an economic rebound. The outlook for CSCO stock depends on spending trends for cloud computing infrastructure as well as corporate and telecom networks.</p>\n<p>CSCO stock plans to hold its first analyst day in a few years on Sept. 15. Cisco stock provided mixed guidance for its fiscal first quarter of 2022.</p>\n<p>\"(First-quarter) revenue guidance was slightly above estimates, but (per-share earnings) and gross margin guidance were below expectations, impacted by ongoing supply chain constraints,\" Bank of America analyst Tal Liani said in a note to clients.</p>\n<p>\"(Fiscal Q4) order growth was strong, with all verticals showing solid acceleration, yet we flag some weakness in key growth areas, with security, software and subscriptions decelerating sharply, which might reflect some share losses, especially in security,\" Liani went on to say.</p>\n<p>During the coronavirus pandemic, corporate spending on data networks slowed amid increased office vacancy rates. One view is that corporate networks will be less important if remote work becomes entrenched.</p>\n<p>As a result, Cisco stock needs to hike investments in next-generation enterprise networks. The company aims to help corporate customers build hybrid network architectures that utilize on-premise data centers and cloud-computing infrastructure.</p>\n<h2>Cisco Stock: Transformational Acquisition Needed?</h2>\n<p>Cisco aims to build up its Webex video conferencing platform versus<b> <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></b> and <b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications</b>. It recently&nbsp;acquired Socio Labs to boost Webex events.</p>\n<p>At its Cisco Live virtual conference in late March, Cisco touted \"hybridization as a foundation block to its product strategy,\" <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Meta Marshall said in a note to clients.</p>\n<p>One big question is whether Cisco can gain share in cloud computing data centers. In that market, <b>Arista Networks</b> is Cisco's main rival.</p>\n<p>In addition, the tech icon aims to increase recurring revenue from subscription-based software and services and shift away from its core business of selling network switches and routers. Some CSCO stock bulls believe a big, transformational acquisition is needed.</p>\n<p>Cisco has brought in a new chief financial officer, Scott Herren from <b>Autodesk</b>.</p>\n<p>Cisco stock remains one of the top U.S. tech companies in terms of cash on its balance sheet. With 4% dividend yield, CSCO stock still finds support among institutional investors. While Cisco stock provides an attractive dividend, its buyback program has slowed.</p>\n<h2>CSCO Stock Technical Analysis</h2>\n<p>From a 1990 initial public offering through early 2000, Cisco thrived as a major supplier of the hardware to build internet networks, both to telecom firms and large companies outside that sector. Cisco stock soared more than 100,000% in that period, before the dot.com bubble burst.</p>\n<p>From the first quarter of 2016 through the end of 2017, Cisco revenue was flat or fell. Revenue began growing again, albeit in low single digits, starting in early 2018. The inflection put Cisco stock in rally mode.</p>\n<p>After its October 2017 breakout, Cisco stock in 2019 touched new highs not seen since late 2000 during the dot.com boom. As it stands, Cisco stock does not belong to the IBD Long Term Leaders list.</p>\n<p>Cisco earnings growth in 2018 owed much to Trump administration tax changes.</p>\n<h2>Cisco's Growth Through Acquisitions</h2>\n<p>Much of Cisco's revenue growth has come from acquisitions.</p>\n<p>Cisco on Dec. 7 agreed to buy U.K.-based IMImobile, which sells cloud communications software, in a deal valued at $730 million.</p>\n<p>In May 2020, Cisco acquired ThousandEyes, a networking intelligence company, for about $1 billion.</p>\n<p>In 2017, Cisco acquired software maker AppDynamics for $3.7 billion. It bought <a href=\"https://laohu8.com/S/BSFT\">BroadSoft</a> for $1.9 billion in late 2017.</p>\n<p>In July 2019, Cisco acquired Duo Security for $2.35 billion, marking its biggest cybersecurity acquisition since its purchase of Sourcefire in 2013. Acquiring Duo Security bolstered Cisco in an emerging category called zero trust cybersecurity.</p>\n<p>Aside from acquisitions, new accounting rules have been a plus for revenue recognition. The rules known as ASC 606 require upfront recognition of multiyear software licenses.</p>\n<h2>CSCO Stock: Shift To Software And Services</h2>\n<p>As companies shift business workloads to cloud computing services&nbsp;like Amazon Web Services, part of <b>Amazon.com</b>, they could spend less on internal computer networks.&nbsp;In addition, Cisco has lost share in several large markets, though it aims to rebound in cybersecurity.</p>\n<p>Cisco stock reported July quarter earnings of 84 cents per share, up 5% from a year earlier. Revenue rose 8% to $13.1 billion, including acquisitions such as Acacia Communications.</p>\n<p>Software revenue in the quarter was $4 billion, up 9% year-over-year.</p>\n<p>Analysts estimated that Cisco would earn 83 cents per share on revenue of $13.04 billion, according to FactSet.</p>\n<p>For its current fiscal first quarter ending in October, Cisco forecast profit of 80 cents versus estimates of 81 cents. Cisco forecast lower gross margins in the October quarter due to supply chain constraints.</p>\n<p>Cisco projected revenue growth of 8.5% at the midpoint of its guidance, topping estimates of 7.5% to $12.83 billion.</p>\n<p>For full-year, fiscal 2022 Cisco said it expects revenue growth in a range of 5% to 7%, slowing from the October quarter. Even so, Cisco's revenue 2022 outlook topped estimates of 4.5%.</p>\n<p>Year-over-year revenue comparisons for Cisco will be tougher in the back half of fiscal 2022.</p>\n<h2>Cisco Stock: Gross Margins Impacted By Supply Chain</h2>\n<p>Global chip shortages have slowed manufacturing. One question has been Cisco's ability to pass on higher costs to customers through product price hikes. In the long run, analysts expect Cisco margins to improve as more revenue comes from software products.</p>\n<p>One bright spot for CSCO stock has been sales of Catalyst 9000 computer network switches.&nbsp;Also, there's opportunity for Cisco in data center upgrades. The so-called \"internet cloud\" is made up of warehouse-sized data centers.</p>\n<p>They're packed with racks of computer servers, data storage systems and networking gear. Most cloud computing data centers now use 100 gigabit-per-second communications gear.</p>\n<p>A data center upgrade cycle to 400G technology has been delayed. The big question is whether Arista or Cisco will gain share in the 400G upgrade cycle.</p>\n<h2>Cisco Stock: Upside From Data Centers?</h2>\n<p>Cisco in 2019 agreed to buy Acacia Communications, a maker of 400G devices, for $2.6 billion in cash. China's government delayed approval of the deal. In January, Cisco upped its offer for Acacia to $4.5 billion and the deal finally closed.</p>\n<p>Arista beat Cisco to market in cloud data centers by grabbing Microsoft, <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> and <b>Amazon.com</b> as customers. But Cisco reportedly has gained business from Microsoft.</p>\n<p>Also, analysts say Cisco is also well-positioned as corporate buyers shift to networking technology called software-defined wide-area networking, or SD-WAN. The technology often taps bandwidth on the public internet.</p>\n<p>With SD-WAN, companies have less need for costly private data networks leased from telecom companies. Cisco competes with <b>VMware</b>, startup Aryaka, <b>Fortinet</b> and CloudGenix in the SDN market. <b><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></b> recently bought CloudGenix.</p>\n<h2>CSCO Stock: Is It A Buy Now?</h2>\n<p>According to the IBD Stock Checkup, CSCO stock holds a Relative Strength Rating of&nbsp; 83 out of a possible 99. The best stocks tend to have an RS rating of 80 or better.</p>\n<p>In addition, CSCO stock has an Accumulation/Distribution Rating of B, according to IBD MarketSmith analysis.&nbsp; The rating analyzes price and volume changes in a stock over the past 13 weeks of trading. On an A+ to E scale, the rating measures institutional buying and selling in a stock. A+ signifies heavy institutional buying; E means heavy selling. Think of the C grade as neutral.</p>\n<p>As of Aug. 25, CSCO stock trades above a buy zone, with a flat base entry point of 55.45.</p>\n<p>In the meantime, there are other options to find the best stocks to buy or watch. Check out IBD Stock Lists and other IBD content.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CSCO":"思科"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162059068","content_text":"Shares in Cisco Systems have advanced nearly 32% in 2021 amid the market's rotation to \"value\" stocks tied to an economic rebound. The outlook for CSCO stock depends on spending trends for cloud computing infrastructure as well as corporate and telecom networks.\nCSCO stock plans to hold its first analyst day in a few years on Sept. 15. Cisco stock provided mixed guidance for its fiscal first quarter of 2022.\n\"(First-quarter) revenue guidance was slightly above estimates, but (per-share earnings) and gross margin guidance were below expectations, impacted by ongoing supply chain constraints,\" Bank of America analyst Tal Liani said in a note to clients.\n\"(Fiscal Q4) order growth was strong, with all verticals showing solid acceleration, yet we flag some weakness in key growth areas, with security, software and subscriptions decelerating sharply, which might reflect some share losses, especially in security,\" Liani went on to say.\nDuring the coronavirus pandemic, corporate spending on data networks slowed amid increased office vacancy rates. One view is that corporate networks will be less important if remote work becomes entrenched.\nAs a result, Cisco stock needs to hike investments in next-generation enterprise networks. The company aims to help corporate customers build hybrid network architectures that utilize on-premise data centers and cloud-computing infrastructure.\nCisco Stock: Transformational Acquisition Needed?\nCisco aims to build up its Webex video conferencing platform versus Microsoft and Zoom Video Communications. It recently acquired Socio Labs to boost Webex events.\nAt its Cisco Live virtual conference in late March, Cisco touted \"hybridization as a foundation block to its product strategy,\" Morgan Stanley analyst Meta Marshall said in a note to clients.\nOne big question is whether Cisco can gain share in cloud computing data centers. In that market, Arista Networks is Cisco's main rival.\nIn addition, the tech icon aims to increase recurring revenue from subscription-based software and services and shift away from its core business of selling network switches and routers. Some CSCO stock bulls believe a big, transformational acquisition is needed.\nCisco has brought in a new chief financial officer, Scott Herren from Autodesk.\nCisco stock remains one of the top U.S. tech companies in terms of cash on its balance sheet. With 4% dividend yield, CSCO stock still finds support among institutional investors. While Cisco stock provides an attractive dividend, its buyback program has slowed.\nCSCO Stock Technical Analysis\nFrom a 1990 initial public offering through early 2000, Cisco thrived as a major supplier of the hardware to build internet networks, both to telecom firms and large companies outside that sector. Cisco stock soared more than 100,000% in that period, before the dot.com bubble burst.\nFrom the first quarter of 2016 through the end of 2017, Cisco revenue was flat or fell. Revenue began growing again, albeit in low single digits, starting in early 2018. The inflection put Cisco stock in rally mode.\nAfter its October 2017 breakout, Cisco stock in 2019 touched new highs not seen since late 2000 during the dot.com boom. As it stands, Cisco stock does not belong to the IBD Long Term Leaders list.\nCisco earnings growth in 2018 owed much to Trump administration tax changes.\nCisco's Growth Through Acquisitions\nMuch of Cisco's revenue growth has come from acquisitions.\nCisco on Dec. 7 agreed to buy U.K.-based IMImobile, which sells cloud communications software, in a deal valued at $730 million.\nIn May 2020, Cisco acquired ThousandEyes, a networking intelligence company, for about $1 billion.\nIn 2017, Cisco acquired software maker AppDynamics for $3.7 billion. It bought BroadSoft for $1.9 billion in late 2017.\nIn July 2019, Cisco acquired Duo Security for $2.35 billion, marking its biggest cybersecurity acquisition since its purchase of Sourcefire in 2013. Acquiring Duo Security bolstered Cisco in an emerging category called zero trust cybersecurity.\nAside from acquisitions, new accounting rules have been a plus for revenue recognition. The rules known as ASC 606 require upfront recognition of multiyear software licenses.\nCSCO Stock: Shift To Software And Services\nAs companies shift business workloads to cloud computing services like Amazon Web Services, part of Amazon.com, they could spend less on internal computer networks. In addition, Cisco has lost share in several large markets, though it aims to rebound in cybersecurity.\nCisco stock reported July quarter earnings of 84 cents per share, up 5% from a year earlier. Revenue rose 8% to $13.1 billion, including acquisitions such as Acacia Communications.\nSoftware revenue in the quarter was $4 billion, up 9% year-over-year.\nAnalysts estimated that Cisco would earn 83 cents per share on revenue of $13.04 billion, according to FactSet.\nFor its current fiscal first quarter ending in October, Cisco forecast profit of 80 cents versus estimates of 81 cents. Cisco forecast lower gross margins in the October quarter due to supply chain constraints.\nCisco projected revenue growth of 8.5% at the midpoint of its guidance, topping estimates of 7.5% to $12.83 billion.\nFor full-year, fiscal 2022 Cisco said it expects revenue growth in a range of 5% to 7%, slowing from the October quarter. Even so, Cisco's revenue 2022 outlook topped estimates of 4.5%.\nYear-over-year revenue comparisons for Cisco will be tougher in the back half of fiscal 2022.\nCisco Stock: Gross Margins Impacted By Supply Chain\nGlobal chip shortages have slowed manufacturing. One question has been Cisco's ability to pass on higher costs to customers through product price hikes. In the long run, analysts expect Cisco margins to improve as more revenue comes from software products.\nOne bright spot for CSCO stock has been sales of Catalyst 9000 computer network switches. Also, there's opportunity for Cisco in data center upgrades. The so-called \"internet cloud\" is made up of warehouse-sized data centers.\nThey're packed with racks of computer servers, data storage systems and networking gear. Most cloud computing data centers now use 100 gigabit-per-second communications gear.\nA data center upgrade cycle to 400G technology has been delayed. The big question is whether Arista or Cisco will gain share in the 400G upgrade cycle.\nCisco Stock: Upside From Data Centers?\nCisco in 2019 agreed to buy Acacia Communications, a maker of 400G devices, for $2.6 billion in cash. China's government delayed approval of the deal. In January, Cisco upped its offer for Acacia to $4.5 billion and the deal finally closed.\nArista beat Cisco to market in cloud data centers by grabbing Microsoft, Facebook and Amazon.com as customers. But Cisco reportedly has gained business from Microsoft.\nAlso, analysts say Cisco is also well-positioned as corporate buyers shift to networking technology called software-defined wide-area networking, or SD-WAN. The technology often taps bandwidth on the public internet.\nWith SD-WAN, companies have less need for costly private data networks leased from telecom companies. Cisco competes with VMware, startup Aryaka, Fortinet and CloudGenix in the SDN market. Palo Alto Networks recently bought CloudGenix.\nCSCO Stock: Is It A Buy Now?\nAccording to the IBD Stock Checkup, CSCO stock holds a Relative Strength Rating of  83 out of a possible 99. The best stocks tend to have an RS rating of 80 or better.\nIn addition, CSCO stock has an Accumulation/Distribution Rating of B, according to IBD MarketSmith analysis.  The rating analyzes price and volume changes in a stock over the past 13 weeks of trading. On an A+ to E scale, the rating measures institutional buying and selling in a stock. A+ signifies heavy institutional buying; E means heavy selling. Think of the C grade as neutral.\nAs of Aug. 25, CSCO stock trades above a buy zone, with a flat base entry point of 55.45.\nIn the meantime, there are other options to find the best stocks to buy or watch. Check out IBD Stock Lists and other IBD content.","news_type":1},"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836665212,"gmtCreate":1629477464836,"gmtModify":1676530055562,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/836665212","repostId":"2160271025","repostType":4,"repost":{"id":"2160271025","kind":"news","pubTimestamp":1629472454,"share":"https://ttm.financial/m/news/2160271025?lang=&edition=fundamental","pubTime":"2021-08-20 23:14","market":"us","language":"en","title":"4 Stocks Insiders Are Selling","url":"https://stock-news.laohu8.com/highlight/detail?id=2160271025","media":"Benzinga","summary":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view t","content":"<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/uuel8MXZ67u5P3beVgfBWQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/Benzinga/8458419fd90ed89547b2be1234261dd6\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.</p>\n<p>Below is a look at a few recent notable insider sales. For more, check out <i> Benzinga's insider transactions </i> platform.</p>\n<p><b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> </b></p>\n<p><b>The Trade:</b> <b> <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> Inc.</b> (NASDAQ: GOOG) Director Larry Page<i> disposed a total of 13889 shares </i> at an average price of $2,751.73. The insider received $38,218,718.69 as a result of the transaction.</p>\n<p><b>What’s Happening:</b> GE Appliances and Google signed a multi-year deal to build next-gen smart home appliances, Reuters reported.</p>\n<p><b>What Alphabet Does:</b> Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.</p>\n<p><b><a href=\"https://laohu8.com/S/ADMA\">ADMA Biologics</a> </b></p>\n<p><b>The Trade:</b> <b> ADMA Biologics, Inc.</b> (NASDAQ: ADMA) 10% owner Perceptive Advisors Llc, Perceptive Life Sciences Master Fund Ltd, Joseph Edelman<i> sold a total of 1781824 shares </i> at an average price of $1.31. The insider received $2,333,780.88 from selling those shares.</p>\n<p><b>What’s Happening:</b> The FDA recently approved ADMA Biologics BioCenters plasma collection facility in Maryville, Tennessee.</p>\n<p><b>What ADMA Biologics Does:</b> <a href=\"https://laohu8.com/S/ADMA\">ADMA Biologics Inc</a> is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases.</p>\n<p><b>Trimble </b></p>\n<p><b>The Trade:</b><b> <a href=\"https://laohu8.com/S/TRMB\">Trimble Navigation</a></b> (NASDAQ: TRMB) Director Steven Berglund<i> sold a total of 60000 shares </i> at an average price of $88.40. The insider received $5,304,118.61 as a result of the transaction.</p>\n<p><b>What’s Happening:</b> Trimble reported a new $750 million buyback program.</p>\n<p><b>What Trimble Does:</b> Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies.</p>\n<p><b>Eli Lilly </b></p>\n<p><b>The Trade:</b> <b> <a href=\"https://laohu8.com/S/LLY\">Eli Lilly and</a> Company.</b> (NYSE: LLY) 10% owner Lilly Endowment Inc<i> sold a total of 15430 shares </i> at an average price of $274.31. The insider received $4,232,603.30 from selling those shares.</p>\n<p><b>What’s Happening:</b> The FDA recently approved Eli Lilly - Boehringer Ingelheim's Jardiance (empagliflozin) 10 mg for heart failure.</p>\n<p><b>What Eli Lilly Does:</b> Eli Lilly is a drug firm with a focus on neuroscience, endocrinology, oncology, and immunology.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Stocks Insiders Are Selling</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\">\n4 Stocks Insiders Are Selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 23:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5918b54af9d1fdfb3186789692d900cd","relate_stocks":{"GOOG":"谷歌","ADMA":"ADMA Biologics Inc","GOOGL":"谷歌A","LLY":"礼来","TRMB":"天宝导航"},"source_url":"https://finance.yahoo.com/news/4-stocks-insiders-selling-120353734.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2160271025","content_text":"When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.\nBelow is a look at a few recent notable insider sales. For more, check out  Benzinga's insider transactions  platform.\nAlphabet \nThe Trade:  Alphabet Inc. (NASDAQ: GOOG) Director Larry Page disposed a total of 13889 shares  at an average price of $2,751.73. The insider received $38,218,718.69 as a result of the transaction.\nWhat’s Happening: GE Appliances and Google signed a multi-year deal to build next-gen smart home appliances, Reuters reported.\nWhat Alphabet Does: Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads.\nADMA Biologics \nThe Trade:  ADMA Biologics, Inc. (NASDAQ: ADMA) 10% owner Perceptive Advisors Llc, Perceptive Life Sciences Master Fund Ltd, Joseph Edelman sold a total of 1781824 shares  at an average price of $1.31. The insider received $2,333,780.88 from selling those shares.\nWhat’s Happening: The FDA recently approved ADMA Biologics BioCenters plasma collection facility in Maryville, Tennessee.\nWhat ADMA Biologics Does: ADMA Biologics Inc is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases.\nTrimble \nThe Trade: Trimble Navigation (NASDAQ: TRMB) Director Steven Berglund sold a total of 60000 shares  at an average price of $88.40. The insider received $5,304,118.61 as a result of the transaction.\nWhat’s Happening: Trimble reported a new $750 million buyback program.\nWhat Trimble Does: Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies.\nEli Lilly \nThe Trade:  Eli Lilly and Company. (NYSE: LLY) 10% owner Lilly Endowment Inc sold a total of 15430 shares  at an average price of $274.31. The insider received $4,232,603.30 from selling those shares.\nWhat’s Happening: The FDA recently approved Eli Lilly - Boehringer Ingelheim's Jardiance (empagliflozin) 10 mg for heart failure.\nWhat Eli Lilly Does: Eli Lilly is a drug firm with a focus on neuroscience, endocrinology, oncology, and immunology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816500599,"gmtCreate":1630505837211,"gmtModify":1676530324014,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like my post&nbsp;","listText":"Like my post&nbsp;","text":"Like my post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/816500599","repostId":"1150578459","repostType":2,"repost":{"id":"1150578459","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630498127,"share":"https://ttm.financial/m/news/1150578459?lang=&edition=fundamental","pubTime":"2021-09-01 20:08","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1150578459","media":"Tiger Newspress","summary":"U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as i","content":"<p>U.S. stock index futures rose on Wednesday and put the S&amp;P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&amp;P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c9a5df62064a2a342e83495168d97a9\" tg-width=\"678\" tg-height=\"226\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Wall Street’s main indexes have scaled record highs recently, with the S&amp;P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.</p>\n<p><a href=\"https://laohu8.com/S/PVH\">PVH Corp</a> – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/AMBA\">Ambarella</a> – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PHG\">Royal Philips NV</a> – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/RUN\">Sunrun</a> – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.</p>\n<p><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/INTU\">Intuit</a> – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.</p>\n<p><a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.</p>\n<p><a href=\"https://laohu8.com/S/CNI\">Canadian National Railway</a> – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.</p>\n<p><a href=\"https://laohu8.com/S/SFM\">Sprouts Farmers</a> – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.</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\">2021-09-01 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures rose on Wednesday and put the S&amp;P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&amp;P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c9a5df62064a2a342e83495168d97a9\" tg-width=\"678\" tg-height=\"226\" width=\"100%\" height=\"auto\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Wall Street’s main indexes have scaled record highs recently, with the S&amp;P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/CPB\">Campbell Soup</a> – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.</p>\n<p><a href=\"https://laohu8.com/S/PVH\">PVH Corp</a> – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/AMBA\">Ambarella</a> – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.</p>\n<p><a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a> – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.</p>\n<p><a href=\"https://laohu8.com/S/PHG\">Royal Philips NV</a> – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.</p>\n<p><a href=\"https://laohu8.com/S/RUN\">Sunrun</a> – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.</p>\n<p><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/INTU\">Intuit</a> – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.</p>\n<p><a href=\"https://laohu8.com/S/LUV\">Southwest Airlines</a> – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.</p>\n<p><a href=\"https://laohu8.com/S/CNI\">Canadian National Railway</a> – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.</p>\n<p><a href=\"https://laohu8.com/S/SFM\">Sprouts Farmers</a> – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150578459","content_text":"U.S. stock index futures rose on Wednesday and put the S&P 500 on course to a new opening high, as investors awaited private jobs data and factory activity indicators for hints on the U.S. central bank’s policy tightening plans.\nAt 8:05 a.m. ET, Dow E-minis were up 111 points, or 0.31%, S&P 500 E-minis were up 15.5 points, or 0.34% and Nasdaq 100 E-minis were up 40.5 points, or 0.26%.\n*Source From Tiger Trade, EST 08:05\nWall Street’s main indexes have scaled record highs recently, with the S&P 500 marking a solid 2.9% rise in August as investors shrugged off risks around a rise in new infections and hoped for a gradual removal of stimulus by the Federal Reserve.\nStocks making the biggest moves in the premarket:\nCampbell Soup – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook of $2.75-$2.85 per share, compared with a consensus estimate of $2.87, as it deals with higher input costs and a constrained labor market. Shares were initially up more than 1% in premarket trading but subsequently trimmed those gains.\nPVH Corp – PVH reported adjusted quarterly earnings of $2.72 per share, well above the $1.20 consensus estimate, while the apparel maker’s revenue topped forecasts as well. The company behind the Tommy Hilfiger and Calvin Klein brands also raised its full-year revenue forecast. PVH shares surged 7.8% in the premarket.\nAmbarella – Ambarella rallied 9.1% in premarket trading after it came in 10 cents above estimates with an adjusted quarterly profit of 35 cents per share. Revenue also beat analyst projections. The maker of chips for cars and cameras said demand is high and that revenue could reach a 5-year high for the current quarter.\nCrowdStrike Holdings, Inc. – CrowdStrike beat Street forecasts by 2 cents with adjusted quarterly earnings of 11 cents per share, while revenue came in above estimates as well. The cybersecurity company also raised its full-year outlook, but shares fell 2.2% in premarket action.\nRoyal Philips NV – Philips received permission from the FDA to begin repairing and replacing its DreamStation respiratory devices after the agency approved its proposal for replacing sound abatement material. The Dutch technology company issued a recall in June for up to 4 million of the devices to fix a potential toxicity problem with sound abatement foam. Philips gained 2.3% in the premarket.\nSunrun – The solar energy company’s stock jumped 3.6% in the premarket following two positive analyst mentions. It was added to the U.S. Analyst Focus List at JPMorgan Chase, and it was also among clean energy stocks rated “market overweight” in new coverage at Wolfe Research. Wolfe said the clean energy transition is a secular trend that will last well past the current economic cycle.\nNIO Inc. – The China-based electric vehicle maker’s shares slid 4.6% in premarket trading after it cut its third-quarter delivery outlook, citing supply chain constraints.\nIntuit – Intuit is in talks to buy e-mail marketing firm Mailchimp for more than $10 billion, according to people familiar with the matter who spoke to Bloomberg. Such a deal would add to the personal finance software company’s tools for small businesses, which include QuickBooks and Credit Karma.\nSouthwest Airlines – Southwest pilots are suing the airline over changes made to working conditions as the Covid-19 pandemic took hold. The pilots contend those changes should have been subject to bargaining with its union, while the company said such bargaining was not required.\nCanadian National Railway – Canadian National will not be allowed to use a temporary voting trust as part of its $30 billion deal to buyKansas City Southern(KSU), following a ruling from the Surface Transportation Board. That could present a significant obstacle to completing the deal, and another opportunity forCanadian Pacific Railway(CP), which has also offered to buy Kansas City Southern.\nSprouts Farmers – Sprouts said its Chief Financial Officer Denise Paulonis is leaving the natural foods supermarket chain, with board member Lawrence Molloy succeeding Paulonis on Sept. 25.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814722928,"gmtCreate":1630886793664,"gmtModify":1676530410632,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814722928","repostId":"2165804101","repostType":4,"repost":{"id":"2165804101","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630836177,"share":"https://ttm.financial/m/news/2165804101?lang=&edition=fundamental","pubTime":"2021-09-05 18:02","market":"fut","language":"en","title":"Bitcoin rises back above $50,000","url":"https://stock-news.laohu8.com/highlight/detail?id=2165804101","media":"Reuters","summary":"Sept 5 (Reuters) - Bitcoin rose 0.49% to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its prev","content":"<p>Sept 5 (Reuters) - Bitcoin rose 0.49% to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its previous close.</p>\n<p>The world's biggest and best-known cryptocurrency is up 81% from this year's low of $27,734 on Jan. 4.</p>\n<p>Ether, the coin linked to the ethereum blockchain network, rose 1.16% to $3,932.07 on Sunday, adding $44.97 to its previous close.</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>Bitcoin rises back above $50,000</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 rises back above $50,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-05 18:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sept 5 (Reuters) - Bitcoin rose 0.49% to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its previous close.</p>\n<p>The world's biggest and best-known cryptocurrency is up 81% from this year's low of $27,734 on Jan. 4.</p>\n<p>Ether, the coin linked to the ethereum blockchain network, rose 1.16% to $3,932.07 on Sunday, adding $44.97 to its previous close.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165804101","content_text":"Sept 5 (Reuters) - Bitcoin rose 0.49% to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its previous close.\nThe world's biggest and best-known cryptocurrency is up 81% from this year's low of $27,734 on Jan. 4.\nEther, the coin linked to the ethereum blockchain network, rose 1.16% to $3,932.07 on Sunday, adding $44.97 to its previous close.","news_type":1},"isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812399743,"gmtCreate":1630550644682,"gmtModify":1676530337838,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812399743","repostId":"1110833427","repostType":2,"repost":{"id":"1110833427","kind":"news","pubTimestamp":1630545932,"share":"https://ttm.financial/m/news/1110833427?lang=&edition=fundamental","pubTime":"2021-09-02 09:25","market":"us","language":"en","title":"Citi's Levkovich Admits \"Significant\" Mistakes In Bearish S&P Call, But Sticks With 4,000 Year-End Target","url":"https://stock-news.laohu8.com/highlight/detail?id=1110833427","media":"zerohedge","summary":"Last Friday, Powell's unexpectedly dovish Jackson Hole speech sparked another melt-up in risk assets","content":"<p>Last Friday, Powell's&nbsp;unexpectedly&nbsp;dovish Jackson Hole speech sparked another melt-up in risk assets.</p>\n<p>Ahead of the latest rally, Wall Street's most bearish strategists such as Citigroup's top strategist Tobias Levkovich, had issued multiple dire warnings about a&nbsp;euphoria on Wall Street&nbsp;and how markets&nbsp;resemble 1999. His year-end equity call for the S&amp;P 500 is 4,000 but has been forced to acknowledge in a note to clients he's made \"significant\" mistakes in his prediction.</p>\n<p>Levkovich is still holding to his guns and predicting the benchmark will end this year at 4,000 before reaching 4,350 by June 2022.</p>\n<p><img src=\"https://static.tigerbbs.com/233e706438c7821d08da6e99c1d003cd\" tg-width=\"1161\" tg-height=\"514\" referrerpolicy=\"no-referrer\">Supporting Levkovich's bearish views are striking \"parallels between current conditions and those of 1999.\"</p>\n<p>As shown in Panic/Euphoria Model - which considers factors including the number of investor positions anticipating a fall in stocks, levels have exceeded the Dot Com period.</p>\n<p><img src=\"https://static.tigerbbs.com/b7032afec5da466f9c8d247282d9d16a\" tg-width=\"1068\" tg-height=\"783\" referrerpolicy=\"no-referrer\">Besides stock market euphoria, stretched valuations, and a planned tax increase will deteriorate corporate profits, there have been other reasons for Levkovich's bearishness.</p>\n<p><b><i>\"Caution that proves to be wrong can cost one a career,\"</i></b><i>Levkovich told clients in a note last week, quoted by Bloomberg.</i><b><i>\"Nevertheless, we feel compelled to stand by our analytical process.\"</i></b></p>\n<p>In term's of valuations,&nbsp;Levkovich is right - equities are way overvalued compared to historical norms.</p>\n<p><img src=\"https://static.tigerbbs.com/a9b9f65689e75f8a52c80370d0a8ccf2\" tg-width=\"1151\" tg-height=\"520\" referrerpolicy=\"no-referrer\">Levkovich added that crazed retail chasing any stock that moves amid unprecedented Federal Reserve bond-buying, suppressing volatility and enabling high amounts of speculation, could peak when the central bank is poised to rein in its asset purchases. Investors should expect multiples to come back in.</p>\n<blockquote>\n <i>\"We suspect that these items may not be drivers going forward and other factors including euphoric sentiment and stretched valuation become more impactful, offset to some degree by reinvigorated share repurchase programs,\" he said. \"The stock market needs to consolidate the past 18 months' worth of gains and portfolio managers require more visibility into 2022 profits.\"</i>\n</blockquote>\n<p>Mike Wilson, the chief U.S. equity strategist at&nbsp;Morgan Stanley,&nbsp;is in the same camp as Levkovich, who expects a 10%+ S&amp;P 500 correction. Two weeks ago, Wilsonreluctantly raised his S&amp;P price targetto 4,000 from 3,900. Meanwhile, Goldman's David Kostin is on the opposite side of the bet, last month hiking his year-end S&amp;P price target from 4300 to 4,700, up about 7% from here, justifying his optimism byunexpectedly low bond yields which traditionally<i><b>represent a slowing economy.</b></i>In other words, stocks will rise because the economy will slow from here. Just brilliant.</p>\n<p>Here's where the&nbsp;equity strategist stand with their S&amp;P 500 year-end targets.</p>\n<p><img src=\"https://static.tigerbbs.com/8592b798abc81df38132b731c86a756b\" tg-width=\"641\" tg-height=\"509\" referrerpolicy=\"no-referrer\">And before one mock either of the strategists, it's worth reminding that this market remains a<s>joke</s>\"mystery\" to all: as Steve Chiavarone, a portfolio manager and head of multi-asset solutions at Federated Hermes,told Bloomberglast week, “If someone would have told me in March of last year, when Covid was first rearing its ugly head, that 18 months later we would have case counts that are as high—if not higher—than they were on that day, but that the market would have doubled over that 18-month period, I would have laughed at them.”</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>Citi's Levkovich Admits \"Significant\" Mistakes In Bearish S&P Call, But Sticks With 4,000 Year-End Target</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\">\nCiti's Levkovich Admits \"Significant\" Mistakes In Bearish S&P Call, But Sticks With 4,000 Year-End Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/citis-levkovich-tells-clients-significant-mistakes-bearish-sp-500-call-sticks-4000-year-end><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last Friday, Powell's unexpectedly dovish Jackson Hole speech sparked another melt-up in risk assets.\nAhead of the latest rally, Wall Street's most bearish strategists such as Citigroup's top ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/citis-levkovich-tells-clients-significant-mistakes-bearish-sp-500-call-sticks-4000-year-end\">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","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/citis-levkovich-tells-clients-significant-mistakes-bearish-sp-500-call-sticks-4000-year-end","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110833427","content_text":"Last Friday, Powell's unexpectedly dovish Jackson Hole speech sparked another melt-up in risk assets.\nAhead of the latest rally, Wall Street's most bearish strategists such as Citigroup's top strategist Tobias Levkovich, had issued multiple dire warnings about a euphoria on Wall Street and how markets resemble 1999. His year-end equity call for the S&P 500 is 4,000 but has been forced to acknowledge in a note to clients he's made \"significant\" mistakes in his prediction.\nLevkovich is still holding to his guns and predicting the benchmark will end this year at 4,000 before reaching 4,350 by June 2022.\nSupporting Levkovich's bearish views are striking \"parallels between current conditions and those of 1999.\"\nAs shown in Panic/Euphoria Model - which considers factors including the number of investor positions anticipating a fall in stocks, levels have exceeded the Dot Com period.\nBesides stock market euphoria, stretched valuations, and a planned tax increase will deteriorate corporate profits, there have been other reasons for Levkovich's bearishness.\n\"Caution that proves to be wrong can cost one a career,\"Levkovich told clients in a note last week, quoted by Bloomberg.\"Nevertheless, we feel compelled to stand by our analytical process.\"\nIn term's of valuations, Levkovich is right - equities are way overvalued compared to historical norms.\nLevkovich added that crazed retail chasing any stock that moves amid unprecedented Federal Reserve bond-buying, suppressing volatility and enabling high amounts of speculation, could peak when the central bank is poised to rein in its asset purchases. Investors should expect multiples to come back in.\n\n\"We suspect that these items may not be drivers going forward and other factors including euphoric sentiment and stretched valuation become more impactful, offset to some degree by reinvigorated share repurchase programs,\" he said. \"The stock market needs to consolidate the past 18 months' worth of gains and portfolio managers require more visibility into 2022 profits.\"\n\nMike Wilson, the chief U.S. equity strategist at Morgan Stanley, is in the same camp as Levkovich, who expects a 10%+ S&P 500 correction. Two weeks ago, Wilsonreluctantly raised his S&P price targetto 4,000 from 3,900. Meanwhile, Goldman's David Kostin is on the opposite side of the bet, last month hiking his year-end S&P price target from 4300 to 4,700, up about 7% from here, justifying his optimism byunexpectedly low bond yields which traditionallyrepresent a slowing economy.In other words, stocks will rise because the economy will slow from here. Just brilliant.\nHere's where the equity strategist stand with their S&P 500 year-end targets.\nAnd before one mock either of the strategists, it's worth reminding that this market remains ajoke\"mystery\" to all: as Steve Chiavarone, a portfolio manager and head of multi-asset solutions at Federated Hermes,told Bloomberglast week, “If someone would have told me in March of last year, when Covid was first rearing its ugly head, that 18 months later we would have case counts that are as high—if not higher—than they were on that day, but that the market would have doubled over that 18-month period, I would have laughed at them.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812393834,"gmtCreate":1630550686528,"gmtModify":1676530337855,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812393834","repostId":"1121030066","repostType":4,"isVote":1,"tweetType":1,"viewCount":810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812393994,"gmtCreate":1630550663918,"gmtModify":1676530337846,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812393994","repostId":"2164481914","repostType":4,"repost":{"id":"2164481914","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630529217,"share":"https://ttm.financial/m/news/2164481914?lang=&edition=fundamental","pubTime":"2021-09-02 04:46","market":"us","language":"en","title":"Tech stocks send Nasdaq to fresh record close, boost S&P","url":"https://stock-news.laohu8.com/highlight/detail?id=2164481914","media":"Reuters","summary":"Gains for tech stocks, utilities and real estate.\nAugust private jobs growth misses expectations.\nIn","content":"<ul>\n <li>Gains for tech stocks, utilities and real estate.</li>\n <li>August private jobs growth misses expectations.</li>\n <li>Indexes: Dow falls 0.14%, S&amp;P up 0.03%, Nasdaq rises 0.33%.</li>\n</ul>\n<p>Sept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&amp;P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.</p>\n<p>Technology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.</p>\n<p>Utilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.</p>\n<p>\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.</p>\n<p>Wall Street's main indexes have hit record highs recently, with the benchmark S&amp;P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.</p>\n<p>Each new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.</p>\n<p>A report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.</p>\n<p>Another set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.</p>\n<p>\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.</p>\n<p>The Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&amp;P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.</p>\n<p>Falling 1.5% on the day, and down for the third straight session, was the energy index.</p>\n<p>Crude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established&nbsp;More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.</p>\n<p><a href=\"https://laohu8.com/S/PBF\">PBF Energy</a> Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.</p>\n<p>Volume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</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>Tech stocks send Nasdaq to fresh record close, boost S&P</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\">\nTech stocks send Nasdaq to fresh record close, boost S&P\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-02 04:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Gains for tech stocks, utilities and real estate.</li>\n <li>August private jobs growth misses expectations.</li>\n <li>Indexes: Dow falls 0.14%, S&amp;P up 0.03%, Nasdaq rises 0.33%.</li>\n</ul>\n<p>Sept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&amp;P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.</p>\n<p>Technology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.</p>\n<p>Utilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.</p>\n<p>\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.</p>\n<p>Wall Street's main indexes have hit record highs recently, with the benchmark S&amp;P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.</p>\n<p>Each new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.</p>\n<p>A report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.</p>\n<p>Another set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.</p>\n<p>\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.</p>\n<p>The Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&amp;P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.</p>\n<p>Falling 1.5% on the day, and down for the third straight session, was the energy index.</p>\n<p>Crude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established&nbsp;More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.</p>\n<p><a href=\"https://laohu8.com/S/PBF\">PBF Energy</a> Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.</p>\n<p>Volume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164481914","content_text":"Gains for tech stocks, utilities and real estate.\nAugust private jobs growth misses expectations.\nIndexes: Dow falls 0.14%, S&P up 0.03%, Nasdaq rises 0.33%.\n\nSept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.\nTechnology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and Facebook Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.\nUtilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.\n\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.\nWall Street's main indexes have hit record highs recently, with the benchmark S&P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.\nEach new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.\nA report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.\nAnother set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.\n\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.\nThe Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.\nFalling 1.5% on the day, and down for the third straight session, was the energy index.\nCrude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.\nPBF Energy Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.\nVolume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.\nThe S&P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839477574,"gmtCreate":1629178390598,"gmtModify":1676529955258,"author":{"id":"3577921698084479","authorId":"3577921698084479","name":"jojotay","avatar":"https://static.tigerbbs.com/c4d0b8e980a43f142db4742d668b6d86","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577921698084479","authorIdStr":"3577921698084479"},"themes":[],"htmlText":"Good post","listText":"Good post","text":"Good post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839477574","repostId":"1162723925","repostType":4,"repost":{"id":"1162723925","kind":"news","pubTimestamp":1629170609,"share":"https://ttm.financial/m/news/1162723925?lang=&edition=fundamental","pubTime":"2021-08-17 11:23","market":"us","language":"en","title":"Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1162723925","media":"seekingalpha","summary":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just ","content":"<p><b>Summary</b></p>\n<ul>\n <li>The Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>The report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.</li>\n <li>The report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72f0a26068ce9a56688977e5a0dd9578\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>borisyankov/E+ via Getty Images</span></p>\n<p>Morgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.</p>\n<p>Morgan Stanley noted that</p>\n<blockquote>\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n</blockquote>\n<p>Micron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/ea0b20556a40eb39c18b7aa1ed295e1c\" tg-width=\"634\" tg-height=\"416\" referrerpolicy=\"no-referrer\"></p>\n<p>Chart 1</p>\n<p>This article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.</p>\n<p><b>Morgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM</b></p>\n<p>The first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “<i>Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"</i></p>\n<p><img src=\"https://static.tigerbbs.com/0b40e66f4b73b27303075791c19fe36f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 2</p>\n<p><b>#2 Increased DRAM content per PC</b></p>\n<p>The 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.</p>\n<p>Chart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.</p>\n<p>Prior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.</p>\n<p><img src=\"https://static.tigerbbs.com/5732cd4948d7209d76ccb4f7628560ab\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 3</p>\n<p>Thus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.</p>\n<p><img src=\"https://static.tigerbbs.com/7c21d24f41f7f77bc00c62ed82b44f62\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 4</p>\n<p><b>#3 Spot ASPs are Different than Contract ASPs</b></p>\n<p>Chart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.</p>\n<p><img src=\"https://static.tigerbbs.com/b5a2774dcaff2d53edd141e0cc1e2d13\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 5</p>\n<p>Why they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.</p>\n<p>Importantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.</p>\n<p><b>#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)</b></p>\n<p>Also note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.</p>\n<p>This bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.</p>\n<p>TrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.</p>\n<p>However, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.</p>\n<blockquote>\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n</blockquote>\n<p>Spot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:</p>\n<blockquote>\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n</blockquote>\n<p>About 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.</p>\n<p>Both these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.</p>\n<p>Back to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).</p>\n<p>Comparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.</p>\n<p><img src=\"https://static.tigerbbs.com/7d56577da5391c86374739262f773c7f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 6</p>\n<p>Chart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.</p>\n<p><img src=\"https://static.tigerbbs.com/be8f41d833e46a0145982559a7e23732\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 7</p>\n<p><b>Investor Takeaway</b></p>\n<p>The recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:</p>\n<ul>\n <li>PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>A drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).</li>\n <li>Failure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.</li>\n <li>DRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.</li>\n</ul>\n<p>Strong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.</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>Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next</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\">\nMicron Technology: Winter May Be Coming, But Not This Year... Nor The Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162723925","content_text":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.\nThe report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.\n\nborisyankov/E+ via Getty Images\nMorgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.\nMorgan Stanley noted that\n\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n\nMicron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.\n\nChart 1\nThis article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.\nMorgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM\nThe first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"\nChart 2\n#2 Increased DRAM content per PC\nThe 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.\nChart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.\nPrior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.\n\nChart 3\nThus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.\nChart 4\n#3 Spot ASPs are Different than Contract ASPs\nChart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.\nChart 5\nWhy they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.\nImportantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.\n#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)\nAlso note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.\nThis bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.\nTrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.\nHowever, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.\n\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n\nSpot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:\n\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n\nAbout 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.\nBoth these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.\nBack to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).\nComparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.\n\nChart 6\nChart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.\n\nChart 7\nInvestor Takeaway\nThe recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:\n\nPC DRAM ASPs that represent just 15% of the total DRAM demand.\nA drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).\nFailure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.\nDRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.\n\nStrong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}