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Apipu
2021-09-07
$PARKWAYLIFE REIT(C2PU.SI)$
waiting for a good entry price
Apipu
2021-08-19
Waiting for a good entry point to prepare for Winter
Apipu
2021-08-17
$ProShares UltraPro Short QQQ(SQQQ)$
finally
Apipu
2021-08-16
Still waiting for a good entry point to ride along future increase in interest rate
Apipu
2021-08-16
$ProShares Ultra VIX Short Term Futures(UVXY)$
buy tto hedge my consumer product stocks
Apipu
2021-08-15
Upupupup
Apipu
2021-08-15
$ProShares Ultra VIX Short Term Futures(UVXY)$
hold?
Apipu
2021-08-13
Hold!!
Apipu
2021-08-13
$ProShares Ultra VIX Short Term Futures(UVXY)$
hold or sell?
Apipu
2021-08-13
Adding to my portfolio
Apipu
2021-08-10
A good choice as interest rate is slowly climbing up
Apipu
2021-08-09
Time to add this into my portfolio
Apipu
2021-08-09
$Senseonics(SENS)$
waiting for the earnings
Apipu
2021-08-07
$ProShares Ultra VIX Short Term Futures(UVXY)$
????
Apipu
2021-08-06
Waiting for Friday report
Nasdaq, S&P 500, set records as jobless claims decline
Apipu
2021-08-06
Waiting for next buying opportunity
Apipu
2021-08-05
Will it go up in short term?
Apipu
2021-08-04
$Carnival(CCL)$
hold for long. Waiting for comeback when covid situation improves
Apipu
2021-08-04
Upupup!!
Apipu
2021-08-03
$AMD(AMD)$
upupup!!
Go to Tiger App to see more news
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href=\"https://laohu8.com/S/UVXY\">$ProShares Ultra VIX Short Term Futures(UVXY)$</a>hold or sell?","listText":"<a href=\"https://laohu8.com/S/UVXY\">$ProShares Ultra VIX Short Term Futures(UVXY)$</a>hold or sell?","text":"$ProShares Ultra VIX Short Term Futures(UVXY)$hold or 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up","images":[{"img":"https://static.tigerbbs.com/3f6589bd5ad109130f39d52abaf00e4e","width":"1080","height":"3013"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/892015764","isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":898220114,"gmtCreate":1628502285238,"gmtModify":1703507168759,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Time to add this into my portfolio","listText":"Time to add this into my portfolio","text":"Time to add this into my 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Futures(UVXY)$????","images":[{"img":"https://static.tigerbbs.com/0a006174b5cd0bb30007da2f5b038d91","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/891109018","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893092009,"gmtCreate":1628219093401,"gmtModify":1703503399947,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Waiting for Friday report","listText":"Waiting for Friday report","text":"Waiting for Friday 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close at record highs</p>\n<p>* Layoff at lowest in over 21 years</p>\n<p>* Healthcare and materials sectoral losers on S&P 500</p>\n<p>Aug 5 (Reuters) - The Nasdaq and S&P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday's job's report.</p>\n<p>Initial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31, while layoffs dropped to their lowest level in more than 21 years last month as companies held on to their workers amid a labor shortage, the Labor Department's report showed.</p>\n<p>\"The directional change has continued to be improving in the last few weeks and now it's a new low since beginning the pandemic,\" said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta, Georgia. \"I think that's what (is) kind of leading to some optimism today and earnings to this point have been positive.\"</p>\n<p>Nine of the 11 major S&P 500 sector indexes rose, with healthcare stocks in the red as Cigna Corp slipped 10.9% after predicting a bigger hit to full-year earnings from the pandemic.</p>\n<p>Focus will now shift to the jobs report for July on Friday. Analysts say a disappointing number might raise questions about an economic recovery, but it could also lead the Federal Reserve to remain accommodative.</p>\n<p>Meanwhile, Robinhood Markets Inc tumbled 27.6%, snapping a four-day rally fueled by interest from retail traders.</p>\n<p>ViacomCBS Inc jumped 7.1% as the company said it signed up the highest number of new streaming subscribers in the second quarter, and struck a multi-year deal with Comcast Corp's Sky to launch the Paramount+ streaming service in Europe.</p>\n<p>The Dow Jones Industrial Average rose 271.58 points, or 0.78%, to 35,064.25, the S&P 500 gained 26.44 points, or 0.60%, to 4,429.1 and the Nasdaq Composite added 114.58 points, or 0.78%, to 14,895.12.</p>\n<p>Concerns about the pace of economic growth and higher inflation have pressured the S&P 500 index, but stellar corporate earnings so far have put it on track to end the week higher.</p>\n<p>Fed Vice Chair Richard Clarida, a major architect of the central bank's new policy strategy, said on Wednesday he felt the conditions for raising interest rates could be met by the end of 2022.</p>\n<p>Volume on U.S. exchanges was 8.86 billion shares, compared with the 9.63 billion average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 52 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 111 new highs and 103 new lows.</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>Nasdaq, S&P 500, set records as jobless claims decline</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\">\nNasdaq, S&P 500, set records as jobless claims decline\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\">2021-08-06 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Nasdaq, S&P 500 close at record highs</p>\n<p>* Layoff at lowest in over 21 years</p>\n<p>* Healthcare and materials sectoral losers on S&P 500</p>\n<p>Aug 5 (Reuters) - The Nasdaq and S&P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday's job's report.</p>\n<p>Initial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31, while layoffs dropped to their lowest level in more than 21 years last month as companies held on to their workers amid a labor shortage, the Labor Department's report showed.</p>\n<p>\"The directional change has continued to be improving in the last few weeks and now it's a new low since beginning the pandemic,\" said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta, Georgia. \"I think that's what (is) kind of leading to some optimism today and earnings to this point have been positive.\"</p>\n<p>Nine of the 11 major S&P 500 sector indexes rose, with healthcare stocks in the red as Cigna Corp slipped 10.9% after predicting a bigger hit to full-year earnings from the pandemic.</p>\n<p>Focus will now shift to the jobs report for July on Friday. Analysts say a disappointing number might raise questions about an economic recovery, but it could also lead the Federal Reserve to remain accommodative.</p>\n<p>Meanwhile, Robinhood Markets Inc tumbled 27.6%, snapping a four-day rally fueled by interest from retail traders.</p>\n<p>ViacomCBS Inc jumped 7.1% as the company said it signed up the highest number of new streaming subscribers in the second quarter, and struck a multi-year deal with Comcast Corp's Sky to launch the Paramount+ streaming service in Europe.</p>\n<p>The Dow Jones Industrial Average rose 271.58 points, or 0.78%, to 35,064.25, the S&P 500 gained 26.44 points, or 0.60%, to 4,429.1 and the Nasdaq Composite added 114.58 points, or 0.78%, to 14,895.12.</p>\n<p>Concerns about the pace of economic growth and higher inflation have pressured the S&P 500 index, but stellar corporate earnings so far have put it on track to end the week higher.</p>\n<p>Fed Vice Chair Richard Clarida, a major architect of the central bank's new policy strategy, said on Wednesday he felt the conditions for raising interest rates could be met by the end of 2022.</p>\n<p>Volume on U.S. exchanges was 8.86 billion shares, compared with the 9.63 billion average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 52 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 111 new highs and 103 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPY":"标普500ETF","IVV":"标普500指数ETF","HOOD":"Robinhood","CMCSA":"康卡斯特","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","CI":"信诺保险","SSO":"两倍做多标普500ETF","OEX":"标普100"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157456017","content_text":"* Nasdaq, S&P 500 close at record highs\n* Layoff at lowest in over 21 years\n* Healthcare and materials sectoral losers on S&P 500\nAug 5 (Reuters) - The Nasdaq and S&P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday's job's report.\nInitial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31, while layoffs dropped to their lowest level in more than 21 years last month as companies held on to their workers amid a labor shortage, the Labor Department's report showed.\n\"The directional change has continued to be improving in the last few weeks and now it's a new low since beginning the pandemic,\" said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta, Georgia. \"I think that's what (is) kind of leading to some optimism today and earnings to this point have been positive.\"\nNine of the 11 major S&P 500 sector indexes rose, with healthcare stocks in the red as Cigna Corp slipped 10.9% after predicting a bigger hit to full-year earnings from the pandemic.\nFocus will now shift to the jobs report for July on Friday. Analysts say a disappointing number might raise questions about an economic recovery, but it could also lead the Federal Reserve to remain accommodative.\nMeanwhile, Robinhood Markets Inc tumbled 27.6%, snapping a four-day rally fueled by interest from retail traders.\nViacomCBS Inc jumped 7.1% as the company said it signed up the highest number of new streaming subscribers in the second quarter, and struck a multi-year deal with Comcast Corp's Sky to launch the Paramount+ streaming service in Europe.\nThe Dow Jones Industrial Average rose 271.58 points, or 0.78%, to 35,064.25, the S&P 500 gained 26.44 points, or 0.60%, to 4,429.1 and the Nasdaq Composite added 114.58 points, or 0.78%, to 14,895.12.\nConcerns about the pace of economic growth and higher inflation have pressured the S&P 500 index, but stellar corporate earnings so far have put it on track to end the week higher.\nFed Vice Chair Richard Clarida, a major architect of the central bank's new policy strategy, said on Wednesday he felt the conditions for raising interest rates could be met by the end of 2022.\nVolume on U.S. exchanges was 8.86 billion shares, compared with the 9.63 billion average for the full session over the last 20 trading days.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored advancers.\nThe S&P 500 posted 52 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 111 new highs and 103 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893098676,"gmtCreate":1628219019295,"gmtModify":1703503397676,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Waiting for next buying opportunity","listText":"Waiting for next buying opportunity","text":"Waiting for next buying opportunity","images":[{"img":"https://static.tigerbbs.com/04619a8953d5e2b9761f1704cba3de17","width":"1080","height":"2126"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/893098676","isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":899804825,"gmtCreate":1628172051067,"gmtModify":1703502542100,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Will it go up in short term?","listText":"Will it go up in short term?","text":"Will it go up in short term?","images":[{"img":"https://static.tigerbbs.com/7399dd2e01ef96bb3d1158fb6f51604e","width":"1080","height":"2126"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899804825","isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":890185238,"gmtCreate":1628086996924,"gmtModify":1703501024295,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CCL\">$Carnival(CCL)$</a>hold for long. Waiting for comeback when covid situation improves","listText":"<a href=\"https://laohu8.com/S/CCL\">$Carnival(CCL)$</a>hold for long. Waiting for comeback when covid situation improves","text":"$Carnival(CCL)$hold for long. Waiting for comeback when covid situation improves","images":[{"img":"https://static.tigerbbs.com/40e5c0ec02da835cfa8f4a6224f4bbed","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890185238","isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":890111940,"gmtCreate":1628086533880,"gmtModify":1703501002315,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Upupup!!","listText":"Upupup!!","text":"Upupup!!","images":[{"img":"https://static.tigerbbs.com/6f8759eeb33d5289f96ff376c4dcff79","width":"1080","height":"2146"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/890111940","isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":807985865,"gmtCreate":1627996975957,"gmtModify":1703499315112,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>upupup!!","listText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>upupup!!","text":"$AMD(AMD)$upupup!!","images":[{"img":"https://static.tigerbbs.com/b6554447a67ba7ab45d304dd5b0e43a6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807985865","isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":898267695,"gmtCreate":1628502216317,"gmtModify":1703507167268,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>waiting for the earnings","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>waiting for the earnings","text":"$Senseonics(SENS)$waiting for the earnings","images":[{"img":"https://static.tigerbbs.com/0cf70892bf0433d25de800e7403cb5d3","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/898267695","isVote":1,"tweetType":1,"viewCount":957,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":897082956,"gmtCreate":1628863169275,"gmtModify":1676529879024,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UVXY\">$ProShares Ultra VIX Short Term Futures(UVXY)$</a>hold or sell?","listText":"<a href=\"https://laohu8.com/S/UVXY\">$ProShares Ultra VIX Short Term Futures(UVXY)$</a>hold or sell?","text":"$ProShares Ultra VIX Short Term Futures(UVXY)$hold or sell?","images":[{"img":"https://static.tigerbbs.com/0c052bc79afa05bc0d5ccb76fe56f9f3","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/897082956","isVote":1,"tweetType":1,"viewCount":1076,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":370242287,"gmtCreate":1618590736649,"gmtModify":1704713238564,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>can anyone share with me what's the reason for the recent plunge? Has there been any negative news on the company recently?","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>can anyone share with me what's the reason for the recent plunge? Has there been any negative news on the company recently?","text":"$Senseonics(SENS)$can anyone share with me what's the reason for the recent plunge? Has there been any negative news on the company recently?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/370242287","isVote":1,"tweetType":1,"viewCount":3771,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3555205227101964","authorId":"3555205227101964","name":"Alvinlsm","avatar":"https://static.tigerbbs.com/dcf5a2c527c5396558784b0c1c3cd9eb","crmLevel":6,"crmLevelSwitch":1,"idStr":"3555205227101964","authorIdStr":"3555205227101964"},"content":"CorrectIon is going on ! Look around and you Will NotIce that alot of counter are gOing dOwn at least 30% from late maRcH till Now .","text":"CorrectIon is going on ! Look around and you Will NotIce that alot of counter are gOing dOwn at least 30% from late maRcH till Now .","html":"CorrectIon is going on ! Look around and you Will NotIce that alot of counter are gOing dOwn at least 30% from late maRcH till Now ."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194861798,"gmtCreate":1621354580914,"gmtModify":1704356369200,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>up up up!","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>up up up!","text":"$Senseonics(SENS)$up up up!","images":[{"img":"https://static.tigerbbs.com/fb5d953145e816c02f3390dbadd14990","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/194861798","isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":111021783,"gmtCreate":1622645153242,"gmtModify":1704188016086,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/111021783","repostId":"2140417257","repostType":4,"repost":{"id":"2140417257","pubTimestamp":1622644249,"share":"https://ttm.financial/m/news/2140417257?lang=&edition=fundamental","pubTime":"2021-06-02 22:30","market":"us","language":"en","title":"Big Tech Is More Important Than Ever With Alphabet Even Reaching New Horizons","url":"https://stock-news.laohu8.com/highlight/detail?id=2140417257","media":"IAM Newswire","summary":"With the latest earnings, it became clear that the pandemic push was just the beginning for Big Tech as Apple (NASDAQ: AAPL), Google owner Alphabet (NASDAQ: GOOG), Amazon (NASDAQ: ","content":"<p><img src=\"https://static.tigerbbs.com/c65aa5ceb42bc43bfde5fca646000095\" tg-width=\"1120\" tg-height=\"633\"></p>\n<p>With the latest earnings, it became clear that the pandemic push was just the beginning for Big Tech as Apple (NASDAQ:AAPL), Google owner <b>Alphabet </b>(NASDAQ:GOOG), <b>Amazon </b>(NASDAQ:AMZN), <b><a href=\"https://laohu8.com/S/FB\">Facebook</a> </b>(NASDAQ:FB), and <b>Microsoft </b>(NASDAQ:MSFT) were showered with money during first quarter, so much that even Wall Street that expected strong results was surprised. Although this success wasn't limited to tech titans as smaller companies such as chip designer <b><a href=\"https://laohu8.com/S/AMD\">AMD</a> </b>(NASDAQ:AMD) as well as social networks <b>Snap </b>(NYSE:SNAP) and <b>Pinterest </b>(NYSE:PINS) also delivered strong results, Big Tech showed it is on the ride of a lifetime as in every minute of the first three months of this year, Apple, Alphabet, Amazon, Facebook, and Microsoft combined sold products and services worth about $2.5 million. Profits before tax for the period came in at $88 billion which translates to more than $1 billion of profit for every working day. But with its latest venture into healthcare, Alphabet could possibly reach even new heights.</p>\n<h4>The Success Scale Of Big Tech Means They Can Rival Countries On Some Metrics</h4>\n<p>Alphabet, Apple and Microsoft combined spent $50 billion on their R&D efforts in their 2018 financial years. To give you a better idea, that was equivalent to R&D spending by the whole UK economy, according to the most recent data by Office for National Statistics.</p>\n<h4>Online Advertising Is Booming</h4>\n<p>Facebook said demand is so high that the average price it charges for ads rose by 30% YoY compared with the start of the pandemic. Alphabet's revenues rose by a third-year thanks to Google's advertising business. Moreover, Alphabet was also helped by fast growth in cloud services under which it offers companies access to data centers, as it thrived during the pandemic-induced home office trend.</p>\n<h4>Directing Funds Into Pushing Boundaries</h4>\n<p>Although Alphabet has scaled back some of its spending on the so-called \"moonshot\" programs, it is still investing heavily in an effort to push the boundaries of what computers can do. At the same time, it still judged that it had $50 billion lying around to buy back shares.</p>\n<h4>Venturing Into Health-Care</h4>\n<p>If 2020 has taught us anything, it is the importance of good health and Google didn't waste time to tap into this rapidly accelerating field as it entered into a new venture with the Tennessee-based hospital chain HCA Healthcare. Under the partnership, Google Cloud will work to develop algorithms based on the provided patient records with the aim to improve the efficiency of the provided services as well as patient outcomes. At the moment, the healthcare industry has a ton of electronic medical records that aren't being fully utilized. But harnessing them in any way that generates more empirical data that can be of use to practitioners while diminishing reliance on anecdotal evidence could truly make a difference and help patients. So, if Google can pull this off- it will be a big deal or more precisely, monumental.</p>\n<h4>Regulatory Clouds On The Horizon</h4>\n<p>Tech companies are facing increased regulatory pressures across the globe with Germany, France, and the Netherlands complaining that the EU is not tough enough on Big Tech and called on regulators to make it harder for big tech to rule the world. France fined Google 100 million for breaching rules related to online cookies or in simple words, advertising trackers. Amazon was fined 35 million euros in the same incident in December last year. According to the WSJ, Google has offered to remove the offending technical barriers for competitors to settle the antitrust lawsuit but even if it manages to settle, the tech giant is still likely to pay a fine for its practices till now. Google is also facing similar lawsuits in Texas and a class-action lawsuit over gender-based wage disparity in California.</p>\n<h4>Outlook</h4>\n<p>Since Covid-19 started its relentless march across the globe, Big Tech quickly went from a defensive mode in times of uncertainty to impressive growth. It is clear that the digital revolution is here to stay, and whether regulators like it or not, these businesses have embedded their products and services deeply in our lives. By the looks of it, Big Tech is working hard on deepening the relationship with the world's population even further.</p>","source":"lsy1622643980725","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech Is More Important Than Ever With Alphabet Even Reaching New Horizons</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Tech Is More Important Than Ever With Alphabet Even Reaching New Horizons\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 22:30 GMT+8 <a href=https://iamnewswire.com/big-tech-is-more-important-than-ever-with-alphabet-even-reaching-new-horizons/><strong>IAM Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the latest earnings, it became clear that the pandemic push was just the beginning for Big Tech as Apple (NASDAQ:AAPL), Google owner Alphabet (NASDAQ:GOOG), Amazon (NASDAQ:AMZN), Facebook (NASDAQ...</p>\n\n<a href=\"https://iamnewswire.com/big-tech-is-more-important-than-ever-with-alphabet-even-reaching-new-horizons/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","NGD":"New Gold","QNETCN":"纳斯达克中美互联网老虎指数","GOOG":"谷歌","MSFT":"微软","09086":"华夏纳指-U","AAPL":"苹果","AMZN":"亚马逊","03086":"华夏纳指","GOOGL":"谷歌A","AMD":"美国超微公司","PINS":"Pinterest, Inc."},"source_url":"https://iamnewswire.com/big-tech-is-more-important-than-ever-with-alphabet-even-reaching-new-horizons/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140417257","content_text":"With the latest earnings, it became clear that the pandemic push was just the beginning for Big Tech as Apple (NASDAQ:AAPL), Google owner Alphabet (NASDAQ:GOOG), Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB), and Microsoft (NASDAQ:MSFT) were showered with money during first quarter, so much that even Wall Street that expected strong results was surprised. Although this success wasn't limited to tech titans as smaller companies such as chip designer AMD (NASDAQ:AMD) as well as social networks Snap (NYSE:SNAP) and Pinterest (NYSE:PINS) also delivered strong results, Big Tech showed it is on the ride of a lifetime as in every minute of the first three months of this year, Apple, Alphabet, Amazon, Facebook, and Microsoft combined sold products and services worth about $2.5 million. Profits before tax for the period came in at $88 billion which translates to more than $1 billion of profit for every working day. But with its latest venture into healthcare, Alphabet could possibly reach even new heights.\nThe Success Scale Of Big Tech Means They Can Rival Countries On Some Metrics\nAlphabet, Apple and Microsoft combined spent $50 billion on their R&D efforts in their 2018 financial years. To give you a better idea, that was equivalent to R&D spending by the whole UK economy, according to the most recent data by Office for National Statistics.\nOnline Advertising Is Booming\nFacebook said demand is so high that the average price it charges for ads rose by 30% YoY compared with the start of the pandemic. Alphabet's revenues rose by a third-year thanks to Google's advertising business. Moreover, Alphabet was also helped by fast growth in cloud services under which it offers companies access to data centers, as it thrived during the pandemic-induced home office trend.\nDirecting Funds Into Pushing Boundaries\nAlthough Alphabet has scaled back some of its spending on the so-called \"moonshot\" programs, it is still investing heavily in an effort to push the boundaries of what computers can do. At the same time, it still judged that it had $50 billion lying around to buy back shares.\nVenturing Into Health-Care\nIf 2020 has taught us anything, it is the importance of good health and Google didn't waste time to tap into this rapidly accelerating field as it entered into a new venture with the Tennessee-based hospital chain HCA Healthcare. Under the partnership, Google Cloud will work to develop algorithms based on the provided patient records with the aim to improve the efficiency of the provided services as well as patient outcomes. At the moment, the healthcare industry has a ton of electronic medical records that aren't being fully utilized. But harnessing them in any way that generates more empirical data that can be of use to practitioners while diminishing reliance on anecdotal evidence could truly make a difference and help patients. So, if Google can pull this off- it will be a big deal or more precisely, monumental.\nRegulatory Clouds On The Horizon\nTech companies are facing increased regulatory pressures across the globe with Germany, France, and the Netherlands complaining that the EU is not tough enough on Big Tech and called on regulators to make it harder for big tech to rule the world. France fined Google 100 million for breaching rules related to online cookies or in simple words, advertising trackers. Amazon was fined 35 million euros in the same incident in December last year. According to the WSJ, Google has offered to remove the offending technical barriers for competitors to settle the antitrust lawsuit but even if it manages to settle, the tech giant is still likely to pay a fine for its practices till now. Google is also facing similar lawsuits in Texas and a class-action lawsuit over gender-based wage disparity in California.\nOutlook\nSince Covid-19 started its relentless march across the globe, Big Tech quickly went from a defensive mode in times of uncertainty to impressive growth. It is clear that the digital revolution is here to stay, and whether regulators like it or not, these businesses have embedded their products and services deeply in our lives. By the looks of it, Big Tech is working hard on deepening the relationship with the world's population even further.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139665854,"gmtCreate":1621615404078,"gmtModify":1704360638983,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Like and comment plssss","listText":"Like and comment plssss","text":"Like and comment plssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/139665854","repostId":"2137906121","repostType":4,"repost":{"id":"2137906121","pubTimestamp":1621611396,"share":"https://ttm.financial/m/news/2137906121?lang=&edition=fundamental","pubTime":"2021-05-21 23:36","market":"us","language":"en","title":"Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906121","media":"Motley Fool","summary":"Berkshire Hathaway has continued to reduce its stakes in banks.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.</p>\n<p>\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"</p>\n<p>Let's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2da7d6438277757a73f9e626ebc6fc2\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>1. All but eliminating Wells Fargo</h2>\n<p>Everyone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, <b>Wells Fargo</b> (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.</p>\n<p>This essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at <a href=\"https://laohu8.com/S/AONE\">one</a> point back in 2017, it was reportedly worth as much as $29 billion.</p>\n<p>But as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.</p>\n<p>The stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.</p>\n<h2>2. Dumping <a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a></h2>\n<p>Last quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company <b>Synchrony Financial </b>(NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.</p>\n<p>While I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, <b>JPMorgan Chase</b>, and loaded up on America's second-largest bank, <b>Bank of America</b>.</p>\n<p>Considering that Buffett already has a huge position in <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.</p>\n<h2>3. Trimming U.S. Bancorp again</h2>\n<p>Berkshire Hathaway also sold about 1.45 million shares of <b>U.S. Bancorp</b> (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in <b>PNC Financial Services Group</b> and <b>M&T Bank</b>, in the fourth quarter of 2020. </p>\n<p>One possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. </p>\n<p>Overall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:36 GMT+8 <a href=https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B","SYF":"Synchrony Financial","WFC":"富国银行","USB":"美国合众银行"},"source_url":"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906121","content_text":"Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.\n\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"\nLet's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.\nImage source: Getty Images.\n1. All but eliminating Wells Fargo\nEveryone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, Wells Fargo (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.\nThis essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at one point back in 2017, it was reportedly worth as much as $29 billion.\nBut as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.\nThe stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.\n2. Dumping Synchrony Financial\nLast quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company Synchrony Financial (NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.\nWhile I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, JPMorgan Chase, and loaded up on America's second-largest bank, Bank of America.\nConsidering that Buffett already has a huge position in American Express, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.\n3. Trimming U.S. Bancorp again\nBerkshire Hathaway also sold about 1.45 million shares of U.S. Bancorp (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in PNC Financial Services Group and M&T Bank, in the fourth quarter of 2020. \nOne possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. \nOverall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186184385,"gmtCreate":1623478559947,"gmtModify":1704204791085,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>sooooo goood","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>sooooo goood","text":"$Senseonics(SENS)$sooooo goood","images":[{"img":"https://static.tigerbbs.com/cca22126f613d9793ca1d1fdfa9f13e7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/186184385","isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":197890730,"gmtCreate":1621437407420,"gmtModify":1704357691847,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/197890730","repostId":"1134860607","repostType":4,"repost":{"id":"1134860607","pubTimestamp":1621436642,"share":"https://ttm.financial/m/news/1134860607?lang=&edition=fundamental","pubTime":"2021-05-19 23:04","market":"hk","language":"en","title":"Alibaba: The Stock Set To Outperform","url":"https://stock-news.laohu8.com/highlight/detail?id=1134860607","media":"seekingalpha","summary":"Summary\n\nAlibaba is currently trading at ~18.7x EBITDA, which is an attractive multiple for a busine","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is currently trading at ~18.7x EBITDA, which is an attractive multiple for a business that's growing at double-digit rates.</li>\n <li>The most recent earnings report shows the business is growing strongly, despite facing a one-time fine from the Chinese government.</li>\n <li>Alibaba stock is set to outperform as it is sitting well below its 200-day moving average.</li>\n <li>BABA has generated juicy returns over the next 12 and 24 months every time it has been here.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/66066fc811491652c040dc6e50b66b6d\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Photo by Andrew Burton/Getty Images News via Getty Images</span></p>\n<p>Mr. Market is not happy with Alibaba Group (BABA) these days and has been quoting the stock at significantly lower prices than its all-time high just 8 months ago. BABA hit an all-time high of $319 in October 2020. As of this writing, BABA is trading at ~$214, which is 34% below its all-time high.</p>\n<p>In my opinion, Mr. Market is giving investors a great opportunity to grab shares of a great company with strong growth potential at highly attractive valuation. Simply said, BABA looks like a good buying opportunity when considering recent growth trends as well the stock setup and valuation. Therefore, I upsized my existing position.</p>\n<p>This article covers Alibaba's most recent earnings results, the stock setup going forward, a valuation update using EV/EBITDA, and key risks in the investment. Without further ado, let us dive in.</p>\n<p><b>Earnings Report Highlights</b></p>\n<p>The latest quarterly results showed Alibaba's core businesses continue to higher revenues and higher profits. All key metrics are growing at double-digit rates. Here is a summary of the key metrics that I am most focused on from the report, along with my opinion on what it means:</p>\n<ul>\n <li>Annual active users and monthly active users grew by 32 and 23 million, respectively. This means that as e-commerce continues to take market share, more people continue to flock to Alibaba ecosystem. This indicator suggests the business keeps adding new users, which is surely a positive factor for the stock.</li>\n <li>Quarterly total revenue growth was 64% over the prior year, driven by inorganic growth due to acquisitions as well as organic growth. Organic growth was roughly 40% over the prior year. This is also a positive as it shows the business continues to grow at strong rates, along with reaping the benefits of recent acquisitions.</li>\n <li>Quarterly Adjusted EBITDA grew by 18% over the prior year, and its growth rate stands at 25% over the TTM (trailing twelve months). Although 18% of EBITDA growth is quite high compared to most other businesses, the deceleration is not ideal. This implies lower profit margins as it is tracking lower than revenue growth. My take on this is goldilocks. Not ideal, but not terrible.</li>\n</ul>\n<p>In addition to the strong business metrics, there was something unique in last quarter's result. Something that seems to be impacting BABA negatively.</p>\n<p>The last quarter was unique because it included a big fine from the State Administration for Market Regulation of the People's Republic of China due to monopolistic behavior. After a long investigation, the government fined Alibaba approximately $2.8 billion as a result of engaging in monopolistic tactics that suppressed competition. The fine caused Alibaba to report a rare operating loss. Unlike many fast-growing companies, Alibaba does not typically report operating losses because it is a highly profitable business. That makes this fine stand out.</p>\n<p>In my opinion, this fine is a critical factor that explains why Alibaba stock has been declining. Receiving a big fine from the government is no good thing. However, I do not believe the fine is a big deal because it represents more of a \"slap in the wrist\" than a real threat to the long-term viability of the business. Here is why.</p>\n<p>First of all, the fine is relatively small. Yes. $2.8 billion is a lot of money, but in relative terms, it is not that much. It represents only 2.5% of global revenues and less than 1% of EV (enterprise value). Relative to the size of Alibaba, it is small potatoes. No big deal.</p>\n<p>Secondly, the fine is technically a one-time expense that will not probably repeat in the future. That means Alibaba should be reporting an operating profit next quarter as Alibaba promised the Chinese government to \"serve our responsibility to society and will operate in accordance with the law with utmost diligence\". Furthermore, Alibaba holds more than $49 billion of cash, meaning the fine will be easily paid and won't break the bank.</p>\n<p><b>The stock setup for the next 12 and 24 months</b></p>\n<p>As of this writing, BABA is currently trading well below its 200-day moving average (about 18% below to be precise). Historically, every time BABA has been in this spot it has performed very well in the future.</p>\n<p>Most investors probably know that Alibaba is still a relatively young stock. It has been trading publicly for about 7 years. Its IPO was in September 2014. Since its IPO, BABA has traded this far below its 200-day moving average only a couple of times, as shown in the chart below by the green circles.</p>\n<p><img src=\"https://static.tigerbbs.com/826022c9bd39f18eb42d102ea49ca31d\" tg-width=\"640\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p>\n<p>Every time the stock was there was because of some bad news that impacted Mr. Market sentiment. In late 2018, the trade war between US and China that former President Donald Trump started impacted Alibaba along with many other Chinese stocks. This time, it seems to be the big fine from the government coupled with decelerating profit growth that's causing negative sentiment.</p>\n<p>As I show in the table below, every time the stock has been there, buyers of the stock were handsomely rewarded by strong returns over the next 12 or 24 months. The table below shows total return over the next 12 and 24 months, after Alibaba has gone this far below its 200 day moving average.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd645ab78acb4923a6a1e902db9f047d\" tg-width=\"247\" tg-height=\"135\"><span>Source: Seeking Alpha, Author computations</span></p>\n<p>To make things even better, BABA outperformed the S&P 500 each time it has been trading this far below its 200-day moving average (except on the 12 months following July 8, 2015), which means today's setup is great for both absolute and relative returns.</p>\n<p>Given that BABA is in a similar setup this time around compared to those dates, will BABA outperform the S&P over the next 12 or 24 months? Will it produce enormous returns like it did last time? My bet is it will because history suggests BABA is on the cusp of staging a meaningful rally. But as everyone here should know, there are no guarantees. Time will tell.</p>\n<p><b>Valuation</b></p>\n<p>My preferred valuation method is using EV/EBITDA (aka EBITDA multiple) because it eliminates biases from different tax bases as well as capital structure. Given Alibaba is mostly a Chinese company, this valuation method allows for comparison with other US companies.</p>\n<p>Using the actual EBITDA of $30.04 billion over the TTM, the current stock price implies an EBITDA multiple of 18.7x. For a business that is growing at double-digit rates, that multiple seems quite cheap.</p>\n<p>My calculation of EV and EV/EBITDA is shown below, using the RMB/USD exchange rate as of the balance sheet date.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d15d3d672161b71d084f3f0d2682f4e\" tg-width=\"572\" tg-height=\"450\"><span>Source: earnings report, author computations</span></p>\n<p>Attentive readers will probably wonder if the $30 billion of EBITDA includes or excludes the fine discussed above. Because that fine is most likely a one-time expense that won't repeat, it is excluded from the last 12 months EBITDA.</p>\n<p><b>Risks</b></p>\n<p>The main risk with Alibaba is political risk. As mentioned above, the Chinese government has recently fined Alibaba. Because Alibaba generates most of its revenues in China, there is a chance the Chinese government launches one or more investigations, which means there could be more fines coming. The next one could be more damaging.</p>\n<p>Additionally, Alibaba generates most of its revenues from China, and its functional currency is the Chinese RMB (Renminbi). Therefore, investors that are focused on generating returns in USD are taking currency risk by investing in Alibaba. If the RMB depreciates relative to the USD, then the stock could be negatively impacted even if revenues and profits keep growing.</p>\n<p><b>Investor Conclusion</b></p>\n<p>The most recent earnings results show once again that Alibaba's growth machine is robust. Revenue and profits keep growing at double-digit rates, and the fine from the government is now in the rear-view mirror. These growth rates alone are a great reason to buy the stock.</p>\n<p>Additionally, BABA is trading about 34% below itsall-time high and 18% below its 200-day moving average. Historically, there have been two times when BABA traded this far below its 200-day moving average. Both times BABA staged a strong comeback and produced enormous returns for those who bought the dip.</p>\n<p>Alibaba is trading at 18.7x EBITDA, and that multiple looks highly attractive to buy the stock. Despite the risks, the rewards seem to be worth it.</p>\n<p>For those reasons, BABA seems to be a great buy opportunity currently.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: The Stock Set To Outperform</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: The Stock Set To Outperform\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-19 23:04 GMT+8 <a href=https://seekingalpha.com/article/4429938-alibaba-the-stock-set-to-outperform><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is currently trading at ~18.7x EBITDA, which is an attractive multiple for a business that's growing at double-digit rates.\nThe most recent earnings report shows the business is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4429938-alibaba-the-stock-set-to-outperform\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4429938-alibaba-the-stock-set-to-outperform","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1134860607","content_text":"Summary\n\nAlibaba is currently trading at ~18.7x EBITDA, which is an attractive multiple for a business that's growing at double-digit rates.\nThe most recent earnings report shows the business is growing strongly, despite facing a one-time fine from the Chinese government.\nAlibaba stock is set to outperform as it is sitting well below its 200-day moving average.\nBABA has generated juicy returns over the next 12 and 24 months every time it has been here.\n\nPhoto by Andrew Burton/Getty Images News via Getty Images\nMr. Market is not happy with Alibaba Group (BABA) these days and has been quoting the stock at significantly lower prices than its all-time high just 8 months ago. BABA hit an all-time high of $319 in October 2020. As of this writing, BABA is trading at ~$214, which is 34% below its all-time high.\nIn my opinion, Mr. Market is giving investors a great opportunity to grab shares of a great company with strong growth potential at highly attractive valuation. Simply said, BABA looks like a good buying opportunity when considering recent growth trends as well the stock setup and valuation. Therefore, I upsized my existing position.\nThis article covers Alibaba's most recent earnings results, the stock setup going forward, a valuation update using EV/EBITDA, and key risks in the investment. Without further ado, let us dive in.\nEarnings Report Highlights\nThe latest quarterly results showed Alibaba's core businesses continue to higher revenues and higher profits. All key metrics are growing at double-digit rates. Here is a summary of the key metrics that I am most focused on from the report, along with my opinion on what it means:\n\nAnnual active users and monthly active users grew by 32 and 23 million, respectively. This means that as e-commerce continues to take market share, more people continue to flock to Alibaba ecosystem. This indicator suggests the business keeps adding new users, which is surely a positive factor for the stock.\nQuarterly total revenue growth was 64% over the prior year, driven by inorganic growth due to acquisitions as well as organic growth. Organic growth was roughly 40% over the prior year. This is also a positive as it shows the business continues to grow at strong rates, along with reaping the benefits of recent acquisitions.\nQuarterly Adjusted EBITDA grew by 18% over the prior year, and its growth rate stands at 25% over the TTM (trailing twelve months). Although 18% of EBITDA growth is quite high compared to most other businesses, the deceleration is not ideal. This implies lower profit margins as it is tracking lower than revenue growth. My take on this is goldilocks. Not ideal, but not terrible.\n\nIn addition to the strong business metrics, there was something unique in last quarter's result. Something that seems to be impacting BABA negatively.\nThe last quarter was unique because it included a big fine from the State Administration for Market Regulation of the People's Republic of China due to monopolistic behavior. After a long investigation, the government fined Alibaba approximately $2.8 billion as a result of engaging in monopolistic tactics that suppressed competition. The fine caused Alibaba to report a rare operating loss. Unlike many fast-growing companies, Alibaba does not typically report operating losses because it is a highly profitable business. That makes this fine stand out.\nIn my opinion, this fine is a critical factor that explains why Alibaba stock has been declining. Receiving a big fine from the government is no good thing. However, I do not believe the fine is a big deal because it represents more of a \"slap in the wrist\" than a real threat to the long-term viability of the business. Here is why.\nFirst of all, the fine is relatively small. Yes. $2.8 billion is a lot of money, but in relative terms, it is not that much. It represents only 2.5% of global revenues and less than 1% of EV (enterprise value). Relative to the size of Alibaba, it is small potatoes. No big deal.\nSecondly, the fine is technically a one-time expense that will not probably repeat in the future. That means Alibaba should be reporting an operating profit next quarter as Alibaba promised the Chinese government to \"serve our responsibility to society and will operate in accordance with the law with utmost diligence\". Furthermore, Alibaba holds more than $49 billion of cash, meaning the fine will be easily paid and won't break the bank.\nThe stock setup for the next 12 and 24 months\nAs of this writing, BABA is currently trading well below its 200-day moving average (about 18% below to be precise). Historically, every time BABA has been in this spot it has performed very well in the future.\nMost investors probably know that Alibaba is still a relatively young stock. It has been trading publicly for about 7 years. Its IPO was in September 2014. Since its IPO, BABA has traded this far below its 200-day moving average only a couple of times, as shown in the chart below by the green circles.\n\nEvery time the stock was there was because of some bad news that impacted Mr. Market sentiment. In late 2018, the trade war between US and China that former President Donald Trump started impacted Alibaba along with many other Chinese stocks. This time, it seems to be the big fine from the government coupled with decelerating profit growth that's causing negative sentiment.\nAs I show in the table below, every time the stock has been there, buyers of the stock were handsomely rewarded by strong returns over the next 12 or 24 months. The table below shows total return over the next 12 and 24 months, after Alibaba has gone this far below its 200 day moving average.\nSource: Seeking Alpha, Author computations\nTo make things even better, BABA outperformed the S&P 500 each time it has been trading this far below its 200-day moving average (except on the 12 months following July 8, 2015), which means today's setup is great for both absolute and relative returns.\nGiven that BABA is in a similar setup this time around compared to those dates, will BABA outperform the S&P over the next 12 or 24 months? Will it produce enormous returns like it did last time? My bet is it will because history suggests BABA is on the cusp of staging a meaningful rally. But as everyone here should know, there are no guarantees. Time will tell.\nValuation\nMy preferred valuation method is using EV/EBITDA (aka EBITDA multiple) because it eliminates biases from different tax bases as well as capital structure. Given Alibaba is mostly a Chinese company, this valuation method allows for comparison with other US companies.\nUsing the actual EBITDA of $30.04 billion over the TTM, the current stock price implies an EBITDA multiple of 18.7x. For a business that is growing at double-digit rates, that multiple seems quite cheap.\nMy calculation of EV and EV/EBITDA is shown below, using the RMB/USD exchange rate as of the balance sheet date.\nSource: earnings report, author computations\nAttentive readers will probably wonder if the $30 billion of EBITDA includes or excludes the fine discussed above. Because that fine is most likely a one-time expense that won't repeat, it is excluded from the last 12 months EBITDA.\nRisks\nThe main risk with Alibaba is political risk. As mentioned above, the Chinese government has recently fined Alibaba. Because Alibaba generates most of its revenues in China, there is a chance the Chinese government launches one or more investigations, which means there could be more fines coming. The next one could be more damaging.\nAdditionally, Alibaba generates most of its revenues from China, and its functional currency is the Chinese RMB (Renminbi). Therefore, investors that are focused on generating returns in USD are taking currency risk by investing in Alibaba. If the RMB depreciates relative to the USD, then the stock could be negatively impacted even if revenues and profits keep growing.\nInvestor Conclusion\nThe most recent earnings results show once again that Alibaba's growth machine is robust. Revenue and profits keep growing at double-digit rates, and the fine from the government is now in the rear-view mirror. These growth rates alone are a great reason to buy the stock.\nAdditionally, BABA is trading about 34% below itsall-time high and 18% below its 200-day moving average. Historically, there have been two times when BABA traded this far below its 200-day moving average. Both times BABA staged a strong comeback and produced enormous returns for those who bought the dip.\nAlibaba is trading at 18.7x EBITDA, and that multiple looks highly attractive to buy the stock. Despite the risks, the rewards seem to be worth it.\nFor those reasons, BABA seems to be a great buy opportunity currently.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345489804,"gmtCreate":1618329614408,"gmtModify":1704709324833,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>keep rising!!","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>keep rising!!","text":"$Apple(AAPL)$keep rising!!","images":[{"img":"https://static.tigerbbs.com/621f17872cc20969274e2d922c5bac36","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345489804","isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893092009,"gmtCreate":1628219093401,"gmtModify":1703503399947,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Waiting for Friday report","listText":"Waiting for Friday report","text":"Waiting for Friday report","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893092009","repostId":"2157456017","repostType":4,"repost":{"id":"2157456017","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":1628204156,"share":"https://ttm.financial/m/news/2157456017?lang=&edition=fundamental","pubTime":"2021-08-06 06:55","market":"us","language":"en","title":"Nasdaq, S&P 500, set records as jobless claims decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2157456017","media":"Reuters","summary":"* Nasdaq, S&P 500 close at record highs\n* Layoff at lowest in over 21 years\n* Healthcare and materia","content":"<p>* Nasdaq, S&P 500 close at record highs</p>\n<p>* Layoff at lowest in over 21 years</p>\n<p>* Healthcare and materials sectoral losers on S&P 500</p>\n<p>Aug 5 (Reuters) - The Nasdaq and S&P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday's job's report.</p>\n<p>Initial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31, while layoffs dropped to their lowest level in more than 21 years last month as companies held on to their workers amid a labor shortage, the Labor Department's report showed.</p>\n<p>\"The directional change has continued to be improving in the last few weeks and now it's a new low since beginning the pandemic,\" said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta, Georgia. \"I think that's what (is) kind of leading to some optimism today and earnings to this point have been positive.\"</p>\n<p>Nine of the 11 major S&P 500 sector indexes rose, with healthcare stocks in the red as Cigna Corp slipped 10.9% after predicting a bigger hit to full-year earnings from the pandemic.</p>\n<p>Focus will now shift to the jobs report for July on Friday. Analysts say a disappointing number might raise questions about an economic recovery, but it could also lead the Federal Reserve to remain accommodative.</p>\n<p>Meanwhile, Robinhood Markets Inc tumbled 27.6%, snapping a four-day rally fueled by interest from retail traders.</p>\n<p>ViacomCBS Inc jumped 7.1% as the company said it signed up the highest number of new streaming subscribers in the second quarter, and struck a multi-year deal with Comcast Corp's Sky to launch the Paramount+ streaming service in Europe.</p>\n<p>The Dow Jones Industrial Average rose 271.58 points, or 0.78%, to 35,064.25, the S&P 500 gained 26.44 points, or 0.60%, to 4,429.1 and the Nasdaq Composite added 114.58 points, or 0.78%, to 14,895.12.</p>\n<p>Concerns about the pace of economic growth and higher inflation have pressured the S&P 500 index, but stellar corporate earnings so far have put it on track to end the week higher.</p>\n<p>Fed Vice Chair Richard Clarida, a major architect of the central bank's new policy strategy, said on Wednesday he felt the conditions for raising interest rates could be met by the end of 2022.</p>\n<p>Volume on U.S. exchanges was 8.86 billion shares, compared with the 9.63 billion average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 52 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 111 new highs and 103 new lows.</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>Nasdaq, S&P 500, set records as jobless claims decline</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\">\nNasdaq, S&P 500, set records as jobless claims decline\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\">2021-08-06 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Nasdaq, S&P 500 close at record highs</p>\n<p>* Layoff at lowest in over 21 years</p>\n<p>* Healthcare and materials sectoral losers on S&P 500</p>\n<p>Aug 5 (Reuters) - The Nasdaq and S&P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday's job's report.</p>\n<p>Initial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31, while layoffs dropped to their lowest level in more than 21 years last month as companies held on to their workers amid a labor shortage, the Labor Department's report showed.</p>\n<p>\"The directional change has continued to be improving in the last few weeks and now it's a new low since beginning the pandemic,\" said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta, Georgia. \"I think that's what (is) kind of leading to some optimism today and earnings to this point have been positive.\"</p>\n<p>Nine of the 11 major S&P 500 sector indexes rose, with healthcare stocks in the red as Cigna Corp slipped 10.9% after predicting a bigger hit to full-year earnings from the pandemic.</p>\n<p>Focus will now shift to the jobs report for July on Friday. Analysts say a disappointing number might raise questions about an economic recovery, but it could also lead the Federal Reserve to remain accommodative.</p>\n<p>Meanwhile, Robinhood Markets Inc tumbled 27.6%, snapping a four-day rally fueled by interest from retail traders.</p>\n<p>ViacomCBS Inc jumped 7.1% as the company said it signed up the highest number of new streaming subscribers in the second quarter, and struck a multi-year deal with Comcast Corp's Sky to launch the Paramount+ streaming service in Europe.</p>\n<p>The Dow Jones Industrial Average rose 271.58 points, or 0.78%, to 35,064.25, the S&P 500 gained 26.44 points, or 0.60%, to 4,429.1 and the Nasdaq Composite added 114.58 points, or 0.78%, to 14,895.12.</p>\n<p>Concerns about the pace of economic growth and higher inflation have pressured the S&P 500 index, but stellar corporate earnings so far have put it on track to end the week higher.</p>\n<p>Fed Vice Chair Richard Clarida, a major architect of the central bank's new policy strategy, said on Wednesday he felt the conditions for raising interest rates could be met by the end of 2022.</p>\n<p>Volume on U.S. exchanges was 8.86 billion shares, compared with the 9.63 billion average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 52 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 111 new highs and 103 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPY":"标普500ETF","IVV":"标普500指数ETF","HOOD":"Robinhood","CMCSA":"康卡斯特","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","CI":"信诺保险","SSO":"两倍做多标普500ETF","OEX":"标普100"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157456017","content_text":"* Nasdaq, S&P 500 close at record highs\n* Layoff at lowest in over 21 years\n* Healthcare and materials sectoral losers on S&P 500\nAug 5 (Reuters) - The Nasdaq and S&P 500 closed at record levels on Thursday after a spate of strong corporate earnings and a further decline in U.S. unemployment claims last week, as investors weighed concerns of the surge of the Delta variant ahead of Friday's job's report.\nInitial claims for state unemployment benefits fell by 14,000 to 385,000 in the week ended July 31, while layoffs dropped to their lowest level in more than 21 years last month as companies held on to their workers amid a labor shortage, the Labor Department's report showed.\n\"The directional change has continued to be improving in the last few weeks and now it's a new low since beginning the pandemic,\" said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta, Georgia. \"I think that's what (is) kind of leading to some optimism today and earnings to this point have been positive.\"\nNine of the 11 major S&P 500 sector indexes rose, with healthcare stocks in the red as Cigna Corp slipped 10.9% after predicting a bigger hit to full-year earnings from the pandemic.\nFocus will now shift to the jobs report for July on Friday. Analysts say a disappointing number might raise questions about an economic recovery, but it could also lead the Federal Reserve to remain accommodative.\nMeanwhile, Robinhood Markets Inc tumbled 27.6%, snapping a four-day rally fueled by interest from retail traders.\nViacomCBS Inc jumped 7.1% as the company said it signed up the highest number of new streaming subscribers in the second quarter, and struck a multi-year deal with Comcast Corp's Sky to launch the Paramount+ streaming service in Europe.\nThe Dow Jones Industrial Average rose 271.58 points, or 0.78%, to 35,064.25, the S&P 500 gained 26.44 points, or 0.60%, to 4,429.1 and the Nasdaq Composite added 114.58 points, or 0.78%, to 14,895.12.\nConcerns about the pace of economic growth and higher inflation have pressured the S&P 500 index, but stellar corporate earnings so far have put it on track to end the week higher.\nFed Vice Chair Richard Clarida, a major architect of the central bank's new policy strategy, said on Wednesday he felt the conditions for raising interest rates could be met by the end of 2022.\nVolume on U.S. exchanges was 8.86 billion shares, compared with the 9.63 billion average for the full session over the last 20 trading days.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.06-to-1 ratio; on Nasdaq, a 2.26-to-1 ratio favored advancers.\nThe S&P 500 posted 52 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 111 new highs and 103 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157244608,"gmtCreate":1625585348804,"gmtModify":1703744492287,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"At least 3800 before year end","listText":"At least 3800 before year end","text":"At least 3800 before year end","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157244608","repostId":"1129630404","repostType":4,"repost":{"id":"1129630404","pubTimestamp":1625583800,"share":"https://ttm.financial/m/news/1129630404?lang=&edition=fundamental","pubTime":"2021-07-06 23:03","market":"us","language":"en","title":"Amazon stock price climbs after Jeff Bezos leaves CEO seat","url":"https://stock-news.laohu8.com/highlight/detail?id=1129630404","media":"seekingalpha","summary":"Amazon(NASDAQ:AMZN)shares are up 3.3% on the first trading day after former Amazon Web Services head","content":"<ul>\n <li>Amazon(NASDAQ:AMZN)shares are up 3.3% on the first trading day after former Amazon Web Services head Andy Jassytook the CEO seatas Jeff Bezos transitioned to executive chairman.</li>\n <li>Jassy headed AWS since it was founded in 2003 and the cloud platform has remained the frontrunner of the infrastructure as a service public cloud market.</li>\n <li>Last year, AWS revenue totaled $26.2B with a 41% market share, according torecent Gartner data. Second place Microsoft had $12.7B and a 20% share. But Amazon's growth is decelerating, up only 29% on the year in 2020 versus the 49% gain for Microsoft Azure.</li>\n <li>Jassy will have to navigate a series of regulatory hurdles right out of the gate. Amazon is currently facing antitrust probes in Spain and the U.K. and faces a new U.S. FTC chair who previously spoke in favor of breaking up the e-commerce giant, prompting Amazon to ask Lina Khan to be recused from casesinvolving the company.</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>Amazon stock price climbs after Jeff Bezos leaves CEO seat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon stock price climbs after Jeff Bezos leaves CEO seat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 23:03 GMT+8 <a href=https://seekingalpha.com/news/3712943-amazon-stock-price-climbs-after-jeff-bezos-leaves-ceo-seat><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon(NASDAQ:AMZN)shares are up 3.3% on the first trading day after former Amazon Web Services head Andy Jassytook the CEO seatas Jeff Bezos transitioned to executive chairman.\nJassy headed AWS since...</p>\n\n<a href=\"https://seekingalpha.com/news/3712943-amazon-stock-price-climbs-after-jeff-bezos-leaves-ceo-seat\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/news/3712943-amazon-stock-price-climbs-after-jeff-bezos-leaves-ceo-seat","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1129630404","content_text":"Amazon(NASDAQ:AMZN)shares are up 3.3% on the first trading day after former Amazon Web Services head Andy Jassytook the CEO seatas Jeff Bezos transitioned to executive chairman.\nJassy headed AWS since it was founded in 2003 and the cloud platform has remained the frontrunner of the infrastructure as a service public cloud market.\nLast year, AWS revenue totaled $26.2B with a 41% market share, according torecent Gartner data. Second place Microsoft had $12.7B and a 20% share. But Amazon's growth is decelerating, up only 29% on the year in 2020 versus the 49% gain for Microsoft Azure.\nJassy will have to navigate a series of regulatory hurdles right out of the gate. Amazon is currently facing antitrust probes in Spain and the U.K. and faces a new U.S. FTC chair who previously spoke in favor of breaking up the e-commerce giant, prompting Amazon to ask Lina Khan to be recused from casesinvolving the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198393867,"gmtCreate":1620922972459,"gmtModify":1704350612760,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>Waiting for earningssss","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>Waiting for earningssss","text":"$Senseonics(SENS)$Waiting for earningssss","images":[{"img":"https://static.tigerbbs.com/c0fc061a42f1d43112abd48d1c4481a2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/198393867","isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":838165764,"gmtCreate":1629381447158,"gmtModify":1676530022650,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Waiting for a good entry point to prepare for Winter","listText":"Waiting for a good entry point to prepare for Winter","text":"Waiting for a good entry point to prepare for Winter","images":[{"img":"https://static.tigerbbs.com/8683b607c2ddcd1cb6390561aca864e7","width":"1080","height":"3013"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/838165764","isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":111064315,"gmtCreate":1622644948237,"gmtModify":1704188007697,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"Pls like and comment. Thank you!","listText":"Pls like and comment. Thank you!","text":"Pls like and comment. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/111064315","repostId":"1139790754","repostType":4,"repost":{"id":"1139790754","pubTimestamp":1622642200,"share":"https://ttm.financial/m/news/1139790754?lang=&edition=fundamental","pubTime":"2021-06-02 21:56","market":"us","language":"en","title":"Amazon: The Cash Will Come","url":"https://stock-news.laohu8.com/highlight/detail?id=1139790754","media":"seekingalpha","summary":"Summary\n\nAlthough Amazon benefited from COVID-induced shutdowns, the best is yet to come for free ca","content":"<p><b>Summary</b></p>\n<ul>\n <li>Although Amazon benefited from COVID-induced shutdowns, the best is yet to come for free cash flow.</li>\n <li>Lagging free cash flow growth in 2020 and 2021 is due to investment to support growth, going after massive opportunities.</li>\n <li>After lagging the market, the company is trading at an attractive valuation.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8a085447e5042d959bca14408fd50b9d\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Bet_Noire/iStock via Getty Images</span></p>\n<p>Short-sighted investors are selling Amazon (AMZN), which has been a massive beneficiary of the COVID shutdowns, to fund dubious reopening plays like General Electric (GE) and Nucor (NUE). As a result, Amazon has lagged the market year-to-date and is now trading at an attractive valuation.</p>\n<p>Although Amazon's revenue and EPS has benefited tremendously from COVID, free cash flow has not. After the current spending cycle winds down, Amazon seems poised to experience an explosion of free cash flow by 2022 and 2023. After all, it is the cash that the company gets to keep for investors that makes the company powerful and investors rich.</p>\n<p><b>COVID Beneficiary</b></p>\n<p>Amazon has been a massive beneficiary of COVID. The company generated $386 billion of revenue in 2020, up 37.6% y/y. This Amazon's fastest growth rate since 2011, even including the inorganic contribution to growth in 2017 and 2018 when it acquired Whole Foods. Amazingly, the last time the company grew faster was in 2011 when the company generated \"only\" $48 billion in revenue. Who said elephants can't dance?</p>\n<p>In 2020, Amazon's e-commerce businesses experienced accelerated revenue growth:</p>\n<ul>\n <li>3rd Party Seller Services increased 49.6% to $80.4 billion.</li>\n <li>Online stores increased 39.7% to $197 billion.</li>\n</ul>\n<p>In 2020, the company's other businesses continued to decelerate, though likely at a lower deceleration than without COVID:</p>\n<ul>\n <li>Subscription Services grew 31.2% y/y $25.2 billion, a 4.4% point y/y deceleration vs. a 10.1% point deceleration the prior year.</li>\n <li>AWS grew 29.5% to $45.4 billion, a 7% point y/y deceleration vs. a 10.5% point deceleration the prior year.</li>\n</ul>\n<p>Physical stores, not surprisingly, is the only business that got hurt by COVID, declining 5.6% to $16.2 billion. A 5.6% decline isn't even that bad, and this business is a drop in the bucket given Amazon's total revenue of $489 billion in 2020.</p>\n<p>The COVID benefits largely extended into 2021 as consensus estimates put 2021 revenue growth at a robust 26.9% on top of tough comps.</p>\n<p>The company saw an even bigger increase in accounting profits. Operating income expanded to 5.9% in 2020, a 70 bps y/y expansion. It is important to note that excluding one-time $11.5 billion COVID-related expenses in 2020, Amazon's operating margin would have been 8.9% rather than the reported 5.9%.</p>\n<p>GAAP EPS grew an incredible 81.8% y/y to $41.83 per share.</p>\n<p><b>Where Is My Money?</b></p>\n<p>Although revenue grow 37.6% y/y and EPS grew 81.8% y/y in 2020, free cash flow growth lagged materially, growing only 20.1% y/y. 2021 is expected to be worse, with free cash flow expected to grow only 16.9%, just half the growth rate of its expected EPS growth that year.</p>\n<p>This because capital expenditure (\"Capex\") increased an incredible 176% y/y in 2020 to over $35 billion. This the largest y/y growth since at least 2007. In terms of absolute numbers, 2020 deployed an incremental $22 billion- an absolutely mind-boggling amount. Capex is expected to remain elevated in 2021, growing another 16% y/y to $41 billion.</p>\n<p>On top of all this spending, the company, on May 26, Amazon announced the acquisition of MGM Studios for $8.45 billion. I can see conservative, old-school investors' heads about to explode- but relax.</p>\n<p><b>The Spending and Free Cash Flow Cycle</b></p>\n<p>In my 2017 article,<i>Amazon Bears Will Get Crushed</i>, I addressed the same investor concern that Amazon is spending too much money, although the spending is at a much, much greater scale today.</p>\n<p>Back in 2017, investors were worried about Amazon's ramped up investments. In a nutshell, my argument was that investors should differentiate between investments going after large opportunities and a bloated cost structure. Generally speaking, unexpected expenses are bad, and - assuming that you trust management's ability - unexpected investments are good. If Warren Buffett said, \"I thought I was going to deploy $20 billion, but an opportunity came up where I can deploy $60 billion\", investors would be ecstatic. That opportunity, for Amazon, was the COVID-induced surge in demand.</p>\n<p>Relax, a surge in spending tends to be followed by years of moderate spending growth. After my 2017 article was published, 2018 and 2019 saw Capex growth of only 12-13% per year, while free cash flow grew 132% y/y in 2018 and 33% in 2019.</p>\n<p>We can see the same cycle in the 2010 - 2015 period. In 2010, Capex surged 163% y/y, then another 85% in 2011, and another 109% in 2012. Looking back, these were puny numbers in the low-single-digit of billions per year of Capex, which of course played a key role in supporting Amazon's future growth. However, in the subsequent three years, 2013 through 2015, Capex grew only 21%-<i>cumulatively</i>.</p>\n<p>By 2015, free cash flow exploded 276% to $7.3 billion, higher than the highest the company has ever generated until then by a factor of two to three.</p>\n<p>Wall Street is expecting the same cycle to play out this time around. In 2022, free cash flow is expected to grow 58% y/y as Capex growth moderates to +3%. In 2023, free cash flow is expected to grow another 44% to a record $82.6 billion as Capex growth is expected to remain low at +2% y/y.</p>\n<p><b>The Market Opportunity</b></p>\n<p>Some investors may take a little more convincing to get comfortable with those huge projected free cash flow numbers. $83 billion of free cash flow by 2023 is almost three times its 2020's free cash flow of $31 billion- already its highest ever. And an incremental $22 billion of Capex deployed in 2020 is a massive number.</p>\n<p>The market opportunity, however, is much more massive.</p>\n<p>Amazon's share of US e-commerce is approximately 50%. That is high, but the US retail market is sized at over $5 trillion, and Amazon has around a 9% share of the entire retail market, and only 3.3% of consumer spending. The company is poised to gain share as it adds greater convenience, more competitive prices and greater selection.</p>\n<p>Amazon is aggressively going after the much larger global retail market, which is sized at approximately $25 trillion. Amazon's expected 2021 revenue of $490 billion is less than 2% of the global opportunity.</p>\n<p>A large portion of Amazon's increase in Capex went to expanding the infrastructure necessary to meet the surge in e-commerce demand. For example, in 2020, Amazon grew its fulfillment square footage by 50% y/y.</p>\n<p>Another areas of spending is to support AWS, which is Capex intensive but highly profitable. At just 12% of 2020's revenue, AWS accounted for over 50% of the company's operating income.</p>\n<p>The global cloud computing market is expected to grow from $371.4 billion in 2020 to $832.1 billion by 2025, at a CAGR of 17.5%. Amazon's AWS generated $59 billion of revenue in 2020 and is expected to grow 31% in 2021 and 25% in 2023. This means AWS has less than 20% market share and is expected to take market share going forward.</p>\n<p>If Amazon has an opportunity to deploy more capital to support this highly profitable and rapidly growing business, thatis all great news to me.</p>\n<p>Management does not tell us exactly how the Capex is allocated and what the returns could look like. I don't think it is possible as an outsider to estimate the expected return of the incremental investments in retail (e-commerce, physical stores, subscription, etc.) vs. business services (AWS, advertising, etc.), because it would require that we analyze the company as separate businesses.</p>\n<p>Amazon is one giant flywheel that cannot be separated into partsany more than you can separate a turtle from its shell. For example, without the traffic generated by its retail business, advertising would not be possible. This obvious. Less obvious is that fact that AWS began as an e-commerce tool, way before it became the public cloud company giant it is today. And although seemingly different on the surface, both Amazon.com and AWS are at its core IT infrastructure platforms at scale. In addition, Amazon's other major initiatives, such as Alexa and streaming, are joined at the hip with e-commerce by Prime membership.</p>\n<p>But we do know one thing: the opportunity for continued growth is massive.</p>\n<p><b>Valuation</b></p>\n<p>Like most growth stocks, Amazon lagged the market so far this year, and valuation is looking attractive.</p>\n<p>Currently, Amazon is trading at 52 times forward EPS, down from 112 times in July 2020. The stock is trading at a 140% premium to the S&P 500, the lowest in 5 years.</p>\n<p>On free cash flow yield, Amazon is yielding 2.6% forward free cash flow, which is towards the low end of its 5-year range. If we believe in the Capex and free cash flow cycle, the stock looks attractively valued.</p>\n<p><b>Takeaway</b></p>\n<p>Although Amazon benefited from COVID-induced shutdowns, the best is yet to come for free cash flow. After lagging the market, the company is trading at an attractive valuation given the large growth opportunities ahead of it, and the potential explosion in free cash flow in 2022 and 2023.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon: The Cash Will Come</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon: The Cash Will Come\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 21:56 GMT+8 <a href=https://seekingalpha.com/article/4432586-amazon-the-cash-will-come><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlthough Amazon benefited from COVID-induced shutdowns, the best is yet to come for free cash flow.\nLagging free cash flow growth in 2020 and 2021 is due to investment to support growth, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432586-amazon-the-cash-will-come\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4432586-amazon-the-cash-will-come","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139790754","content_text":"Summary\n\nAlthough Amazon benefited from COVID-induced shutdowns, the best is yet to come for free cash flow.\nLagging free cash flow growth in 2020 and 2021 is due to investment to support growth, going after massive opportunities.\nAfter lagging the market, the company is trading at an attractive valuation.\n\nPhoto by Bet_Noire/iStock via Getty Images\nShort-sighted investors are selling Amazon (AMZN), which has been a massive beneficiary of the COVID shutdowns, to fund dubious reopening plays like General Electric (GE) and Nucor (NUE). As a result, Amazon has lagged the market year-to-date and is now trading at an attractive valuation.\nAlthough Amazon's revenue and EPS has benefited tremendously from COVID, free cash flow has not. After the current spending cycle winds down, Amazon seems poised to experience an explosion of free cash flow by 2022 and 2023. After all, it is the cash that the company gets to keep for investors that makes the company powerful and investors rich.\nCOVID Beneficiary\nAmazon has been a massive beneficiary of COVID. The company generated $386 billion of revenue in 2020, up 37.6% y/y. This Amazon's fastest growth rate since 2011, even including the inorganic contribution to growth in 2017 and 2018 when it acquired Whole Foods. Amazingly, the last time the company grew faster was in 2011 when the company generated \"only\" $48 billion in revenue. Who said elephants can't dance?\nIn 2020, Amazon's e-commerce businesses experienced accelerated revenue growth:\n\n3rd Party Seller Services increased 49.6% to $80.4 billion.\nOnline stores increased 39.7% to $197 billion.\n\nIn 2020, the company's other businesses continued to decelerate, though likely at a lower deceleration than without COVID:\n\nSubscription Services grew 31.2% y/y $25.2 billion, a 4.4% point y/y deceleration vs. a 10.1% point deceleration the prior year.\nAWS grew 29.5% to $45.4 billion, a 7% point y/y deceleration vs. a 10.5% point deceleration the prior year.\n\nPhysical stores, not surprisingly, is the only business that got hurt by COVID, declining 5.6% to $16.2 billion. A 5.6% decline isn't even that bad, and this business is a drop in the bucket given Amazon's total revenue of $489 billion in 2020.\nThe COVID benefits largely extended into 2021 as consensus estimates put 2021 revenue growth at a robust 26.9% on top of tough comps.\nThe company saw an even bigger increase in accounting profits. Operating income expanded to 5.9% in 2020, a 70 bps y/y expansion. It is important to note that excluding one-time $11.5 billion COVID-related expenses in 2020, Amazon's operating margin would have been 8.9% rather than the reported 5.9%.\nGAAP EPS grew an incredible 81.8% y/y to $41.83 per share.\nWhere Is My Money?\nAlthough revenue grow 37.6% y/y and EPS grew 81.8% y/y in 2020, free cash flow growth lagged materially, growing only 20.1% y/y. 2021 is expected to be worse, with free cash flow expected to grow only 16.9%, just half the growth rate of its expected EPS growth that year.\nThis because capital expenditure (\"Capex\") increased an incredible 176% y/y in 2020 to over $35 billion. This the largest y/y growth since at least 2007. In terms of absolute numbers, 2020 deployed an incremental $22 billion- an absolutely mind-boggling amount. Capex is expected to remain elevated in 2021, growing another 16% y/y to $41 billion.\nOn top of all this spending, the company, on May 26, Amazon announced the acquisition of MGM Studios for $8.45 billion. I can see conservative, old-school investors' heads about to explode- but relax.\nThe Spending and Free Cash Flow Cycle\nIn my 2017 article,Amazon Bears Will Get Crushed, I addressed the same investor concern that Amazon is spending too much money, although the spending is at a much, much greater scale today.\nBack in 2017, investors were worried about Amazon's ramped up investments. In a nutshell, my argument was that investors should differentiate between investments going after large opportunities and a bloated cost structure. Generally speaking, unexpected expenses are bad, and - assuming that you trust management's ability - unexpected investments are good. If Warren Buffett said, \"I thought I was going to deploy $20 billion, but an opportunity came up where I can deploy $60 billion\", investors would be ecstatic. That opportunity, for Amazon, was the COVID-induced surge in demand.\nRelax, a surge in spending tends to be followed by years of moderate spending growth. After my 2017 article was published, 2018 and 2019 saw Capex growth of only 12-13% per year, while free cash flow grew 132% y/y in 2018 and 33% in 2019.\nWe can see the same cycle in the 2010 - 2015 period. In 2010, Capex surged 163% y/y, then another 85% in 2011, and another 109% in 2012. Looking back, these were puny numbers in the low-single-digit of billions per year of Capex, which of course played a key role in supporting Amazon's future growth. However, in the subsequent three years, 2013 through 2015, Capex grew only 21%-cumulatively.\nBy 2015, free cash flow exploded 276% to $7.3 billion, higher than the highest the company has ever generated until then by a factor of two to three.\nWall Street is expecting the same cycle to play out this time around. In 2022, free cash flow is expected to grow 58% y/y as Capex growth moderates to +3%. In 2023, free cash flow is expected to grow another 44% to a record $82.6 billion as Capex growth is expected to remain low at +2% y/y.\nThe Market Opportunity\nSome investors may take a little more convincing to get comfortable with those huge projected free cash flow numbers. $83 billion of free cash flow by 2023 is almost three times its 2020's free cash flow of $31 billion- already its highest ever. And an incremental $22 billion of Capex deployed in 2020 is a massive number.\nThe market opportunity, however, is much more massive.\nAmazon's share of US e-commerce is approximately 50%. That is high, but the US retail market is sized at over $5 trillion, and Amazon has around a 9% share of the entire retail market, and only 3.3% of consumer spending. The company is poised to gain share as it adds greater convenience, more competitive prices and greater selection.\nAmazon is aggressively going after the much larger global retail market, which is sized at approximately $25 trillion. Amazon's expected 2021 revenue of $490 billion is less than 2% of the global opportunity.\nA large portion of Amazon's increase in Capex went to expanding the infrastructure necessary to meet the surge in e-commerce demand. For example, in 2020, Amazon grew its fulfillment square footage by 50% y/y.\nAnother areas of spending is to support AWS, which is Capex intensive but highly profitable. At just 12% of 2020's revenue, AWS accounted for over 50% of the company's operating income.\nThe global cloud computing market is expected to grow from $371.4 billion in 2020 to $832.1 billion by 2025, at a CAGR of 17.5%. Amazon's AWS generated $59 billion of revenue in 2020 and is expected to grow 31% in 2021 and 25% in 2023. This means AWS has less than 20% market share and is expected to take market share going forward.\nIf Amazon has an opportunity to deploy more capital to support this highly profitable and rapidly growing business, thatis all great news to me.\nManagement does not tell us exactly how the Capex is allocated and what the returns could look like. I don't think it is possible as an outsider to estimate the expected return of the incremental investments in retail (e-commerce, physical stores, subscription, etc.) vs. business services (AWS, advertising, etc.), because it would require that we analyze the company as separate businesses.\nAmazon is one giant flywheel that cannot be separated into partsany more than you can separate a turtle from its shell. For example, without the traffic generated by its retail business, advertising would not be possible. This obvious. Less obvious is that fact that AWS began as an e-commerce tool, way before it became the public cloud company giant it is today. And although seemingly different on the surface, both Amazon.com and AWS are at its core IT infrastructure platforms at scale. In addition, Amazon's other major initiatives, such as Alexa and streaming, are joined at the hip with e-commerce by Prime membership.\nBut we do know one thing: the opportunity for continued growth is massive.\nValuation\nLike most growth stocks, Amazon lagged the market so far this year, and valuation is looking attractive.\nCurrently, Amazon is trading at 52 times forward EPS, down from 112 times in July 2020. The stock is trading at a 140% premium to the S&P 500, the lowest in 5 years.\nOn free cash flow yield, Amazon is yielding 2.6% forward free cash flow, which is towards the low end of its 5-year range. If we believe in the Capex and free cash flow cycle, the stock looks attractively valued.\nTakeaway\nAlthough Amazon benefited from COVID-induced shutdowns, the best is yet to come for free cash flow. After lagging the market, the company is trading at an attractive valuation given the large growth opportunities ahead of it, and the potential explosion in free cash flow in 2022 and 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194866901,"gmtCreate":1621354752303,"gmtModify":1704356370016,"author":{"id":"3578306475134606","authorId":"3578306475134606","name":"Apipu","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578306475134606","authorIdStr":"3578306475134606"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194866901","repostId":"2136785993","repostType":4,"repost":{"id":"2136785993","pubTimestamp":1621349753,"share":"https://ttm.financial/m/news/2136785993?lang=&edition=fundamental","pubTime":"2021-05-18 22:55","market":"us","language":"en","title":"3 Positives from Disney's Disappointing Streaming Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2136785993","media":"Motley Fool","summary":"Long-term investors shouldn't fret at Disney+'s subscriber growth slowdown.","content":"<p><b>Walt Disney</b> (NYSE:DIS) ended its second quarter with fewer than 104 million Disney+ subscribers. Wall Street was looking for about 109 million. With the streaming service at the center of Disney's biggest growth engine -- its direct-to-consumer business -- investors sent shares lower following the earnings release.</p>\n<p>But management reaffirmed its long-term guidance for Disney+ subscriber growth, and long-term investors still have a few positives they can take away from last quarter's results. Here are three to take note of.</p>\n<h2>1. Hulu and ESPN+ crushed it</h2>\n<p>While Disney+ disappointed, the media company's smaller streaming services produced some solid results.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5295307e8d80202935b9bb151cc85be\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Walt Disney.</span></p>\n<p>Hulu ended the second quarter with 41.6 million subscribers, up 2.2 million from the end of the first quarter. While Hulu + Live TV subscribers fell for the second quarter in a row, that may be due to its December price increase and typical seasonality. Importantly, average revenue per user was roughly flat for the SVOD-only business, indicating strength in the recovery of the ad business from COVID-19.</p>\n<p>During the second-quarter earnings call, CFO Christine McCarthy told analysts: \"The most important driver for Hulu is the addressable advertising strength. That continues to be a real upside, and it's going strong, and we expect that to continue.\"</p>\n<p>ESPN+ added 1.7 million subscribers to reach 13.8 million total. Average revenue per user continued to tick up sequentially, despite the seasonally strong advertising sales from the previous quarter. Management also said its UFC pay-per-view events garnered strong viewership, adding additional revenue.</p>\n<p>Overall, the strength at Hulu and ESPN+ pushed Disney to reduce its operating losses for the direct-to-consumer business by more than $175 million sequential and $500 million year over year.</p>\n<h2>2. Disney+ subscriber growth is already picking back up</h2>\n<p>While Disney+ subscriber growth disappointed for the quarter, it's already showing signs of picking back up. The company had 94.9 million subscribers at the start of January. Its 100-million-subscriber announcement came at its investor meeting on March 10, so it added roughly 2.5 million subscribers per month in January and February. It ended the quarter three weeks later, adding another 3.9 million subscribers.</p>\n<p>McCarthy confirmed the increased subscriber growth in March during the earnings call. \"We added subs at a faster pace in the last month of the second quarter than we did in the first two months,\" she said. \"And that was despite no major market launches, a price increase in EMEA [Europe Middle East and Africa], and a domestic price increase toward the end of the quarter,\" she added.</p>\n<p>As Disney's content production ramps up, particularly with originals for Star and Disney+ in Europe, it should see strong net additions in the EMEA region. However, McCarthy warned that canceled IPL Cricket matches could affect the growth of Disney+ Hotstar in India, which currently accounts for <a href=\"https://laohu8.com/S/AONE\">one</a>-third of all subscribers.</p>\n<h2>3. Churn is not an issue</h2>\n<p>It appears the challenge for subscriber growth during Disney's second quarter stems primarily from adding new consumers to the top of the funnel. Subscribers canceling their service has not been an issue for the company.</p>\n<p>CEO Bob Chapek said the price increase for Disney+ in the U.S. in March has not created significantly higher churn rates. Meanwhile, it's seen churn rates improve in Europe, Middle East, and Africa markets with the addition of Star content to the subscription (and a two-euro-per-month price increase).</p>\n<p>Chapek noted improved engagement and strong viewership for the media company's original series throughout the call. \"Engagement is sort of the precursor for net sub adds,\" he said.</p>\n<p>Disney+'s subscriber growth slowdown appears to be largely due to a pull forward in subscribers from the pandemic. <b>Netflix</b> faced a similar problem with its first-quarter subscriber growth results, where it also noted lower subscriber churn. With the pickup in subscriber growth seen in March and Hulu and ESPN+ doing good work to pick up the slack, Disney's direct-to-consumer business looks just as strong as ever.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Positives from Disney's Disappointing Streaming 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\">\n3 Positives from Disney's Disappointing Streaming Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 22:55 GMT+8 <a href=https://www.fool.com/investing/2021/05/18/3-positives-from-disneys-disappointing-streaming-r/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Walt Disney (NYSE:DIS) ended its second quarter with fewer than 104 million Disney+ subscribers. Wall Street was looking for about 109 million. With the streaming service at the center of Disney's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/18/3-positives-from-disneys-disappointing-streaming-r/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.fool.com/investing/2021/05/18/3-positives-from-disneys-disappointing-streaming-r/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136785993","content_text":"Walt Disney (NYSE:DIS) ended its second quarter with fewer than 104 million Disney+ subscribers. Wall Street was looking for about 109 million. With the streaming service at the center of Disney's biggest growth engine -- its direct-to-consumer business -- investors sent shares lower following the earnings release.\nBut management reaffirmed its long-term guidance for Disney+ subscriber growth, and long-term investors still have a few positives they can take away from last quarter's results. Here are three to take note of.\n1. Hulu and ESPN+ crushed it\nWhile Disney+ disappointed, the media company's smaller streaming services produced some solid results.\nImage source: Walt Disney.\nHulu ended the second quarter with 41.6 million subscribers, up 2.2 million from the end of the first quarter. While Hulu + Live TV subscribers fell for the second quarter in a row, that may be due to its December price increase and typical seasonality. Importantly, average revenue per user was roughly flat for the SVOD-only business, indicating strength in the recovery of the ad business from COVID-19.\nDuring the second-quarter earnings call, CFO Christine McCarthy told analysts: \"The most important driver for Hulu is the addressable advertising strength. That continues to be a real upside, and it's going strong, and we expect that to continue.\"\nESPN+ added 1.7 million subscribers to reach 13.8 million total. Average revenue per user continued to tick up sequentially, despite the seasonally strong advertising sales from the previous quarter. Management also said its UFC pay-per-view events garnered strong viewership, adding additional revenue.\nOverall, the strength at Hulu and ESPN+ pushed Disney to reduce its operating losses for the direct-to-consumer business by more than $175 million sequential and $500 million year over year.\n2. Disney+ subscriber growth is already picking back up\nWhile Disney+ subscriber growth disappointed for the quarter, it's already showing signs of picking back up. The company had 94.9 million subscribers at the start of January. Its 100-million-subscriber announcement came at its investor meeting on March 10, so it added roughly 2.5 million subscribers per month in January and February. It ended the quarter three weeks later, adding another 3.9 million subscribers.\nMcCarthy confirmed the increased subscriber growth in March during the earnings call. \"We added subs at a faster pace in the last month of the second quarter than we did in the first two months,\" she said. \"And that was despite no major market launches, a price increase in EMEA [Europe Middle East and Africa], and a domestic price increase toward the end of the quarter,\" she added.\nAs Disney's content production ramps up, particularly with originals for Star and Disney+ in Europe, it should see strong net additions in the EMEA region. However, McCarthy warned that canceled IPL Cricket matches could affect the growth of Disney+ Hotstar in India, which currently accounts for one-third of all subscribers.\n3. Churn is not an issue\nIt appears the challenge for subscriber growth during Disney's second quarter stems primarily from adding new consumers to the top of the funnel. Subscribers canceling their service has not been an issue for the company.\nCEO Bob Chapek said the price increase for Disney+ in the U.S. in March has not created significantly higher churn rates. Meanwhile, it's seen churn rates improve in Europe, Middle East, and Africa markets with the addition of Star content to the subscription (and a two-euro-per-month price increase).\nChapek noted improved engagement and strong viewership for the media company's original series throughout the call. \"Engagement is sort of the precursor for net sub adds,\" he said.\nDisney+'s subscriber growth slowdown appears to be largely due to a pull forward in subscribers from the pandemic. Netflix faced a similar problem with its first-quarter subscriber growth results, where it also noted lower subscriber churn. 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