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Mickie
2021-07-06
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Mickie
2021-06-16
Nice
Angelalign Technology spikes 131% on its first day of trading
Mickie
2021-04-22
$Apple(AAPL)$
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2021-04-19
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Mickie
2021-04-15
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U.S. retail sales surge; weekly jobless claims fall
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2021-04-14
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Tesla Focus Shifts To Margins
Mickie
2021-04-13
$Qualys(QLYS)$
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2021-04-13
$Apple(AAPL)$
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2021-04-13
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Apple's Adoption Of LTPO Display In iPhone 13 Will Make It Dominant Tech In Coming Years, Says Analyst
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2021-04-09
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"Boom Or Bust For The Economy & Markets" - JPM Previews The Next 100 Days For Biden
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2021-04-08
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Tesla refunds customers for duplicate charges after outcry
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2021-04-07
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Mickie
2021-04-05
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Mickie
2021-03-31
Wow
President Biden will unveil his $2 trillion infrastructure plan today – here are the details
Mickie
2021-03-29
Wow
Cathie Wood’s ARK Invest is launching an ETF focused on space exploration, to begin trading Tuesday
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2021-03-27
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2021-03-26
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2021-03-24
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Google signs news content deals with Italian publishers
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2021-03-22
Apple
Apple: The Deeper It Digs, The Better The Opportunity
Mickie
2021-03-19
Opps
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","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160760857","repostId":"1144333499","repostType":4,"repost":{"id":"1144333499","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623806562,"share":"https://ttm.financial/m/news/1144333499?lang=&edition=fundamental","pubTime":"2021-06-16 09:22","market":"us","language":"en","title":"Angelalign Technology spikes 131% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1144333499","media":"Tiger Newspress","summary":"Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong de","content":"<p>Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.<img src=\"https://static.tigerbbs.com/18ea5712cc84ecd364dd1a11f6cfce82\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.</p>\n<p>Angelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.</p>\n<p>Mom-and-pop buyers put in orders for 2,079 times the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.</p>\n<p>Hong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.</p>\n<p>Just eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.</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>Angelalign Technology spikes 131% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nAngelalign Technology spikes 131% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-16 09:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.<img src=\"https://static.tigerbbs.com/18ea5712cc84ecd364dd1a11f6cfce82\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.</p>\n<p>Angelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.</p>\n<p>Mom-and-pop buyers put in orders for 2,079 times the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.</p>\n<p>Hong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.</p>\n<p>Just eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06699":"时代天使"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144333499","content_text":"Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.\nAngelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.\nMom-and-pop buyers put in orders for 2,079 times the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.\nHong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.\nJust eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376190773,"gmtCreate":1619095682692,"gmtModify":1704719547697,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogo ","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogo ","text":"$Apple(AAPL)$Gogo","images":[{"img":"https://static.tigerbbs.com/bfaabe96b72465c563e6559ca31462d6","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/376190773","isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":373152348,"gmtCreate":1618834285584,"gmtModify":1704715541337,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>gogo ","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>gogo ","text":"$Apple(AAPL)$gogo","images":[{"img":"https://static.tigerbbs.com/608b687a888a79c9460a3ddb63b9cd6d","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373152348","isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":347668389,"gmtCreate":1618493787841,"gmtModify":1704711689341,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347668389","repostId":"2127007082","repostType":4,"repost":{"id":"2127007082","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1618489860,"share":"https://ttm.financial/m/news/2127007082?lang=&edition=fundamental","pubTime":"2021-04-15 20:31","market":"hk","language":"en","title":"U.S. retail sales surge; weekly jobless claims fall","url":"https://stock-news.laohu8.com/highlight/detail?id=2127007082","media":"Reuters","summary":"WASHINGTON, April 15 (Reuters) - U.S. retail sales rebounded sharply in March as Americans received ","content":"<p>WASHINGTON, April 15 (Reuters) - U.S. retail sales rebounded sharply in March as Americans received additional pandemic relief checks from the government and increased vaccinations allowed broader economic re-engagement, cementing expectations for robust growth in the first quarter.</p><p>Retail sales increased 9.8% last month, the Commerce Department said on Thursday. Data for February was revised higher to show sales dropping 2.7% instead of 3.0% as previously reported. Economists polled by Reuters had forecast retail sales increasing 5.9% in March.</p><p>Many qualified households have received additional $1,400 checks, which were part of the White House’s $1.9 trillion rescue package approved in early March. The massive fiscal stimulus also extended a government-funded $300 weekly unemployment supplement through Sept. 6.</p><p>At the same time, temperatures have warmed up and the public health situation has been rapidly improving, allowing more restaurants to offer dining services.</p><p>Excluding automobiles, gasoline, building materials and food services, retail sales rose 6.9% last month after a revised 3.4% decrease in February. These so-called core retail sales correspond most closely with the consumer spending component of gross domestic product. They were previously estimated to have declined 3.5% in February.</p><p>Strengthening domestic demand was underscored by the Federal Reserve’s Beige Book on Wednesday, which described economic activity as having “accelerated to a moderate pace from late February to early April,” and also noted that “consumer spending strengthened.”</p><p>Growth estimates for the first quarter are as high as a 9.8% annualized rate. The economy grew at a 4.3% pace in the fourth quarter. Growth is expected to top 7.0% this year, which would be the fastest since 1984. It would follow a 3.5% contraction last year, the worst performance in 74 years.</p><p>Though a separate report from the Labor Department on Thursday showed first-time applications for unemployment benefits remained elevated last week, that is probably not a true reflection of the job market’s health.</p><p>Initial claims for state unemployment benefits totaled a seasonally adjusted 576,000 for the week ended April 10 compared to 769,000 in the prior week. Economists polled by Reuters had forecast 700,000 applications in the latest week.</p><p>Part of the elevation in claims is because of fraud. The enhancement of the unemployment benefit programs, including the weekly subsidy, could also be encouraging some people to file for aid and others to not to seek work.</p><p>According to Michael Feroli, chief U.S. economist at JPMorgan, an analysis of the Labor Department’s first payments data, which is published monthly and with a considerable lag, suggested aspirational filers are boosting jobless claims.</p><p>“Historically, about 45% of initial claims resulted in a first payment of benefits,” said Feroli.</p><p>“Over the last few months, fewer than 25% of initial claims generated a first payment of benefits. One reason may be that the $300 weekly bonus payments are encouraging more people to give filing a shot, the payoff from a successful claim is significantly greater than before the pandemic.”</p><p>Indeed, the Fed’s Beige Book also noted that “hiring remained a widespread challenge, particularly for low-wage or hourly workers, restraining job growth in some cases.”</p><p>While claims have dropped from a record 6.149 million in early April 2020, they are well above their pre-pandemic level. In a healthy labor market, claims are normally in a 200,000 to 250,000 range.</p><p>The government reported this month that employers hired 916,000 workers in March, the most in seven months.</p><p>Still, employment remains 8.4 million jobs below its peak in February 2020. (Reporting by Lucia Mutikani Editing by Chizu Nomiyama)</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>U.S. retail sales surge; weekly jobless claims fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. retail sales surge; weekly jobless claims fall\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\">2021-04-15 20:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, April 15 (Reuters) - U.S. retail sales rebounded sharply in March as Americans received additional pandemic relief checks from the government and increased vaccinations allowed broader economic re-engagement, cementing expectations for robust growth in the first quarter.</p><p>Retail sales increased 9.8% last month, the Commerce Department said on Thursday. Data for February was revised higher to show sales dropping 2.7% instead of 3.0% as previously reported. Economists polled by Reuters had forecast retail sales increasing 5.9% in March.</p><p>Many qualified households have received additional $1,400 checks, which were part of the White House’s $1.9 trillion rescue package approved in early March. The massive fiscal stimulus also extended a government-funded $300 weekly unemployment supplement through Sept. 6.</p><p>At the same time, temperatures have warmed up and the public health situation has been rapidly improving, allowing more restaurants to offer dining services.</p><p>Excluding automobiles, gasoline, building materials and food services, retail sales rose 6.9% last month after a revised 3.4% decrease in February. These so-called core retail sales correspond most closely with the consumer spending component of gross domestic product. They were previously estimated to have declined 3.5% in February.</p><p>Strengthening domestic demand was underscored by the Federal Reserve’s Beige Book on Wednesday, which described economic activity as having “accelerated to a moderate pace from late February to early April,” and also noted that “consumer spending strengthened.”</p><p>Growth estimates for the first quarter are as high as a 9.8% annualized rate. The economy grew at a 4.3% pace in the fourth quarter. Growth is expected to top 7.0% this year, which would be the fastest since 1984. It would follow a 3.5% contraction last year, the worst performance in 74 years.</p><p>Though a separate report from the Labor Department on Thursday showed first-time applications for unemployment benefits remained elevated last week, that is probably not a true reflection of the job market’s health.</p><p>Initial claims for state unemployment benefits totaled a seasonally adjusted 576,000 for the week ended April 10 compared to 769,000 in the prior week. Economists polled by Reuters had forecast 700,000 applications in the latest week.</p><p>Part of the elevation in claims is because of fraud. The enhancement of the unemployment benefit programs, including the weekly subsidy, could also be encouraging some people to file for aid and others to not to seek work.</p><p>According to Michael Feroli, chief U.S. economist at JPMorgan, an analysis of the Labor Department’s first payments data, which is published monthly and with a considerable lag, suggested aspirational filers are boosting jobless claims.</p><p>“Historically, about 45% of initial claims resulted in a first payment of benefits,” said Feroli.</p><p>“Over the last few months, fewer than 25% of initial claims generated a first payment of benefits. One reason may be that the $300 weekly bonus payments are encouraging more people to give filing a shot, the payoff from a successful claim is significantly greater than before the pandemic.”</p><p>Indeed, the Fed’s Beige Book also noted that “hiring remained a widespread challenge, particularly for low-wage or hourly workers, restraining job growth in some cases.”</p><p>While claims have dropped from a record 6.149 million in early April 2020, they are well above their pre-pandemic level. In a healthy labor market, claims are normally in a 200,000 to 250,000 range.</p><p>The government reported this month that employers hired 916,000 workers in March, the most in seven months.</p><p>Still, employment remains 8.4 million jobs below its peak in February 2020. (Reporting by Lucia Mutikani Editing by Chizu Nomiyama)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRCT":"Cricut, Inc.","TERN":"Terns Pharmaceuticals, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127007082","content_text":"WASHINGTON, April 15 (Reuters) - U.S. retail sales rebounded sharply in March as Americans received additional pandemic relief checks from the government and increased vaccinations allowed broader economic re-engagement, cementing expectations for robust growth in the first quarter.Retail sales increased 9.8% last month, the Commerce Department said on Thursday. Data for February was revised higher to show sales dropping 2.7% instead of 3.0% as previously reported. Economists polled by Reuters had forecast retail sales increasing 5.9% in March.Many qualified households have received additional $1,400 checks, which were part of the White House’s $1.9 trillion rescue package approved in early March. The massive fiscal stimulus also extended a government-funded $300 weekly unemployment supplement through Sept. 6.At the same time, temperatures have warmed up and the public health situation has been rapidly improving, allowing more restaurants to offer dining services.Excluding automobiles, gasoline, building materials and food services, retail sales rose 6.9% last month after a revised 3.4% decrease in February. These so-called core retail sales correspond most closely with the consumer spending component of gross domestic product. They were previously estimated to have declined 3.5% in February.Strengthening domestic demand was underscored by the Federal Reserve’s Beige Book on Wednesday, which described economic activity as having “accelerated to a moderate pace from late February to early April,” and also noted that “consumer spending strengthened.”Growth estimates for the first quarter are as high as a 9.8% annualized rate. The economy grew at a 4.3% pace in the fourth quarter. Growth is expected to top 7.0% this year, which would be the fastest since 1984. It would follow a 3.5% contraction last year, the worst performance in 74 years.Though a separate report from the Labor Department on Thursday showed first-time applications for unemployment benefits remained elevated last week, that is probably not a true reflection of the job market’s health.Initial claims for state unemployment benefits totaled a seasonally adjusted 576,000 for the week ended April 10 compared to 769,000 in the prior week. Economists polled by Reuters had forecast 700,000 applications in the latest week.Part of the elevation in claims is because of fraud. The enhancement of the unemployment benefit programs, including the weekly subsidy, could also be encouraging some people to file for aid and others to not to seek work.According to Michael Feroli, chief U.S. economist at JPMorgan, an analysis of the Labor Department’s first payments data, which is published monthly and with a considerable lag, suggested aspirational filers are boosting jobless claims.“Historically, about 45% of initial claims resulted in a first payment of benefits,” said Feroli.“Over the last few months, fewer than 25% of initial claims generated a first payment of benefits. One reason may be that the $300 weekly bonus payments are encouraging more people to give filing a shot, the payoff from a successful claim is significantly greater than before the pandemic.”Indeed, the Fed’s Beige Book also noted that “hiring remained a widespread challenge, particularly for low-wage or hourly workers, restraining job growth in some cases.”While claims have dropped from a record 6.149 million in early April 2020, they are well above their pre-pandemic level. In a healthy labor market, claims are normally in a 200,000 to 250,000 range.The government reported this month that employers hired 916,000 workers in March, the most in seven months.Still, employment remains 8.4 million jobs below its peak in February 2020. (Reporting by Lucia Mutikani Editing by Chizu Nomiyama)","news_type":1},"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344381175,"gmtCreate":1618375719097,"gmtModify":1704709876028,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/344381175","repostId":"1126332570","repostType":4,"repost":{"id":"1126332570","kind":"news","pubTimestamp":1618372916,"share":"https://ttm.financial/m/news/1126332570?lang=&edition=fundamental","pubTime":"2021-04-14 12:01","market":"us","language":"en","title":"Tesla Focus Shifts To Margins","url":"https://stock-news.laohu8.com/highlight/detail?id=1126332570","media":"seekingalpha","summary":"Analysts expect non-GAAP profit to surge this year.Short-term situation could see a number of pressures.Stock at a key technical point right now.One of the largest criticisms of electric vehicle maker Tesla has been its inability to generate meaningful profits. Despite having a large share of the luxury EV market, the company has posted several years of significant losses in its history. Investors are now hoping that the days of red ink are behind us, which is why the focus must now shift to ke","content":"<p><b>Summary</b></p>\n<ul>\n <li>Analysts expect non-GAAP profit to surge this year.</li>\n <li>Short-term situation could see a number of pressures.</li>\n <li>Stock at a key technical point right now.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00f300f39d8829850b2af6f83fa43c9a\" tg-width=\"1536\" tg-height=\"999\"><span>Photo by Urupong/iStock via Getty Images</span></p>\n<p>One of the largest criticisms of electric vehicle maker Tesla (TSLA) has been its inability to generate meaningful profits. Despite having a large share of the luxury EV market, the company has posted several years of significant losses in its history. Investors are now hoping that the days of red ink are behind us, which is why the focus must now shift to key margin metrics.</p>\n<p>Tesla's GAAP and non-GAAP numbers have always varied wildly due to stock-based compensation. That gap has been quite large recently thanks to Elon Musk's large bonus plan hitting a number of tranches in 2020. Analysts primarily use the adjusted numbers, and Tesla delivered $2.24 in adjusted EPS last year. As the graphic below shows, estimates for this year have been rising for more than a year, with the current average of $4.22 up a bit from the $3.98 average seen at the end of last year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8efe7dc5dee0d26aa4c3862123e6bddf\" tg-width=\"385\" tg-height=\"103\"><span>Source: Seeking Alpha Tesla analyst estimates page</span></p>\n<p>It will be very interesting to see the margin numbers reported when Tesla earnings come out on Monday, April 26th. While the company did beat estimates for Q1 production and deliveries, there was no production of the Model S or X in the quarter. Elon Musk had said on the Q1 conference call that the refreshed versions of those luxury models were in production already and would be delivered in February, but that obviously did not happen. With these being higher margin vehicles in the past, you would figure overall margins will be hurt.</p>\n<p>Q1 also saw sharp rises in key commodity prices like nickel and cobalt, as well as the initial ramp of the Model Y made in China. Tesla skeptics also believe that highly profitable credit sales will fade over time, but it remains to be seen in the short term how much they will contribute. There also were a number of price cuts during the quarter, like for the Model 3 in Japan and a number of European countries. For a time, Tesla also cut prices in the US on the Model Y and also had a much lower priced Standard Range variant that was sold for part of the quarter.</p>\n<p>As the graphic below details, Tesla's GAAP automotive gross margins have mostly been in the mid 20s percentage-wise over the past five quarters. Credit sales have helped quite a bit, but don't forget that this is only just part of the business. Tesla's energy business has seen low margins or negative margins in recent periods, and the services/other segment loses plenty of money each quarter. Overall for Q4 2020, the company's total GAAP gross margin figure was 19.23%, nearly 500 basis points below the automotive segment's GAAP gross margin figure.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c951c203e6189adb5a1cae8b1a41489e\" tg-width=\"640\" tg-height=\"57\"><span>Source: Tesla Q4 2020 investor letter</span></p>\n<p>With almost no Model S/X vehicles sold during the period, company-wide average selling prices will certainly decline. The key question is was Tesla able to keep costs at a reasonable level, or are we going to see a significant drop in gross margins? Management spoke on the conference call about a number of supposedly one-time items that were headwinds in Q4, which if they truly dissipate could really help things in Q1.</p>\n<p>On the operating side, there shouldn't be as much expense given a shorter quarter, less coming from the CEO pay package, and Q4 having a larger part of expenses relating to the employee performance grant process. As a point of reference, the current estimates call for $10.12 billion in Q1 revenue and $0.74 in non-GAAP EPS, compared to $10.74 billion and $0.80 in Q4 2020.</p>\n<p>While the Street expects more than $4 in earnings this year, that number is forecast to surge into the low-double digits by 2024. It certainly helps that expected sharply rising deliveries over time should result in more revenue. However, if there are too many price cuts needed to achieve that growth, whether it be to competition or other factors like global economics, certain margin targets will not be met.</p>\n<p>Don't forget, Tesla's share count is rising over time, which is pressuring the EPS forecast for a given level of net income. The unit sales surge in Japan is a good example of how things can change, as it was driven by price cuts of 13%-17% for the Model 3. I can certainly sell more dollar bills for 90 cents each than I can for 95 cents, but it won't be good for my bottom line.</p>\n<p>As for Tesla shares, they are at a very interesting point right now. They closed Monday just above the 100-day moving average (green line below), but remain under the 50-day (purple line). The current Street price target average implies $60 of downside from here, and the stock's movement until earnings will likely be dependent on whether inflation data results in bond yields moving sharply higher or not. If the stock cannot break above the 50-day, that declining key technical level could provide more resistance, and it brings up the possibility of the stock seeing the dreaded death cross later this year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab48feaf079058dba48f4e221d0db55b\" tg-width=\"640\" tg-height=\"271\"><span>Source: Yahoo! Finance</span></p>\n<p>Tesla certainly defied reduced expectations when it reported its Q1 delivery figures, but my primary Q1 focus will be on margins. How profitable will the company be when it is selling almost no Model S/X units, especially with commodity headwinds and the ramp of the China-made Model Y. Analyst estimates are certainly on the rise, with the Street now calling for a more than $2.2 billion improvement in non-GAAP net income this year. Tesla shares have come off their highs as a rise in bond yields have hurt growth names, but a good quarter in terms of margins could help the name get back above a key technical trend line.</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>Tesla Focus Shifts To Margins</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\">\nTesla Focus Shifts To Margins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 12:01 GMT+8 <a href=https://seekingalpha.com/article/4418935-tesla-focus-shifts-to-margins><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAnalysts expect non-GAAP profit to surge this year.\nShort-term situation could see a number of pressures.\nStock at a key technical point right now.\n\nPhoto by Urupong/iStock via Getty Images\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4418935-tesla-focus-shifts-to-margins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4418935-tesla-focus-shifts-to-margins","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1126332570","content_text":"Summary\n\nAnalysts expect non-GAAP profit to surge this year.\nShort-term situation could see a number of pressures.\nStock at a key technical point right now.\n\nPhoto by Urupong/iStock via Getty Images\nOne of the largest criticisms of electric vehicle maker Tesla (TSLA) has been its inability to generate meaningful profits. Despite having a large share of the luxury EV market, the company has posted several years of significant losses in its history. Investors are now hoping that the days of red ink are behind us, which is why the focus must now shift to key margin metrics.\nTesla's GAAP and non-GAAP numbers have always varied wildly due to stock-based compensation. That gap has been quite large recently thanks to Elon Musk's large bonus plan hitting a number of tranches in 2020. Analysts primarily use the adjusted numbers, and Tesla delivered $2.24 in adjusted EPS last year. As the graphic below shows, estimates for this year have been rising for more than a year, with the current average of $4.22 up a bit from the $3.98 average seen at the end of last year.\nSource: Seeking Alpha Tesla analyst estimates page\nIt will be very interesting to see the margin numbers reported when Tesla earnings come out on Monday, April 26th. While the company did beat estimates for Q1 production and deliveries, there was no production of the Model S or X in the quarter. Elon Musk had said on the Q1 conference call that the refreshed versions of those luxury models were in production already and would be delivered in February, but that obviously did not happen. With these being higher margin vehicles in the past, you would figure overall margins will be hurt.\nQ1 also saw sharp rises in key commodity prices like nickel and cobalt, as well as the initial ramp of the Model Y made in China. Tesla skeptics also believe that highly profitable credit sales will fade over time, but it remains to be seen in the short term how much they will contribute. There also were a number of price cuts during the quarter, like for the Model 3 in Japan and a number of European countries. For a time, Tesla also cut prices in the US on the Model Y and also had a much lower priced Standard Range variant that was sold for part of the quarter.\nAs the graphic below details, Tesla's GAAP automotive gross margins have mostly been in the mid 20s percentage-wise over the past five quarters. Credit sales have helped quite a bit, but don't forget that this is only just part of the business. Tesla's energy business has seen low margins or negative margins in recent periods, and the services/other segment loses plenty of money each quarter. Overall for Q4 2020, the company's total GAAP gross margin figure was 19.23%, nearly 500 basis points below the automotive segment's GAAP gross margin figure.\nSource: Tesla Q4 2020 investor letter\nWith almost no Model S/X vehicles sold during the period, company-wide average selling prices will certainly decline. The key question is was Tesla able to keep costs at a reasonable level, or are we going to see a significant drop in gross margins? Management spoke on the conference call about a number of supposedly one-time items that were headwinds in Q4, which if they truly dissipate could really help things in Q1.\nOn the operating side, there shouldn't be as much expense given a shorter quarter, less coming from the CEO pay package, and Q4 having a larger part of expenses relating to the employee performance grant process. As a point of reference, the current estimates call for $10.12 billion in Q1 revenue and $0.74 in non-GAAP EPS, compared to $10.74 billion and $0.80 in Q4 2020.\nWhile the Street expects more than $4 in earnings this year, that number is forecast to surge into the low-double digits by 2024. It certainly helps that expected sharply rising deliveries over time should result in more revenue. However, if there are too many price cuts needed to achieve that growth, whether it be to competition or other factors like global economics, certain margin targets will not be met.\nDon't forget, Tesla's share count is rising over time, which is pressuring the EPS forecast for a given level of net income. The unit sales surge in Japan is a good example of how things can change, as it was driven by price cuts of 13%-17% for the Model 3. I can certainly sell more dollar bills for 90 cents each than I can for 95 cents, but it won't be good for my bottom line.\nAs for Tesla shares, they are at a very interesting point right now. They closed Monday just above the 100-day moving average (green line below), but remain under the 50-day (purple line). The current Street price target average implies $60 of downside from here, and the stock's movement until earnings will likely be dependent on whether inflation data results in bond yields moving sharply higher or not. If the stock cannot break above the 50-day, that declining key technical level could provide more resistance, and it brings up the possibility of the stock seeing the dreaded death cross later this year.\nSource: Yahoo! Finance\nTesla certainly defied reduced expectations when it reported its Q1 delivery figures, but my primary Q1 focus will be on margins. How profitable will the company be when it is selling almost no Model S/X units, especially with commodity headwinds and the ramp of the China-made Model Y. Analyst estimates are certainly on the rise, with the Street now calling for a more than $2.2 billion improvement in non-GAAP net income this year. Tesla shares have come off their highs as a rise in bond yields have hurt growth names, but a good quarter in terms of margins could help the name get back above a key technical trend line.","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345251274,"gmtCreate":1618320989198,"gmtModify":1704709092644,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/QLYS\">$Qualys(QLYS)$</a>Upupup ","listText":"<a href=\"https://laohu8.com/S/QLYS\">$Qualys(QLYS)$</a>Upupup ","text":"$Qualys(QLYS)$Upupup","images":[{"img":"https://static.tigerbbs.com/6cc92d44e35b04cfe2d57530bb110e61","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345251274","isVote":1,"tweetType":1,"viewCount":535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345251930,"gmtCreate":1618320966820,"gmtModify":1704709091832,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogogo","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogogo","text":"$Apple(AAPL)$Gogogo","images":[{"img":"https://static.tigerbbs.com/51f0a6fcc979c4b9455844157a49c478","width":"828","height":"1590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345251930","isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345664874,"gmtCreate":1618310507198,"gmtModify":1704708933006,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345664874","repostId":"1180210668","repostType":4,"repost":{"id":"1180210668","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1618306464,"share":"https://ttm.financial/m/news/1180210668?lang=&edition=fundamental","pubTime":"2021-04-13 17:34","market":"us","language":"en","title":"Apple's Adoption Of LTPO Display In iPhone 13 Will Make It Dominant Tech In Coming Years, Says Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1180210668","media":"Benzinga","summary":"Apple Inc.’sAAPLadoption of low-temperature polycrystalline oxide or LTPO display technology in the ","content":"<p><b>Apple Inc.’s</b>AAPLadoption of low-temperature polycrystalline oxide or LTPO display technology in the upcoming iPhone 13 model will make it the dominant technology over the next two years, according to display analyst Ross Young.</p>\n<p><b>What Happened:</b>Young, an analyst with Display Supply Chain Consultants (DSCC),saidon Twitter that DSCC now projects LTPO display technology to overtake LTPOS AMOLED smartphones by the end of 2023 in terms of the percentage share of the U.S. market, with a big uptake from Apple over that period.</p>\n<p>In addition, DSCC on Mondayreleasedits Quarterly Advanced Smartphone Features Report that tracks and forecasts major product trends in the AMOLED smartphone market as well as provides supply chain insights for panels and chipsets.</p>\n<p>DSCC expects LTPO smartphones to reach a 14% unit share and 25% smartphone revenue share by the fourth quarter of 2021, fueled by Apple launching LTPO on its 12s Pro as well as 12s Pro Max, and other flagship phones also increasingly adopting LTPO.</p>\n<p><b>Why It Matters:</b>It wasreportedin March that the higher-end iPhone 13 devices will feature LPTO displays, according to The Elec that cited a UBI Research note.</p>\n<p><b>Samsung Electronics Co. Ltd.</b>OTCSSNLFplans to reportedly convert its OLED display manufacturing line dedicated to its largest customer Apple into one that makes LTPO thin-film transistor OLED displays within the first half of this year. Samsung uses the same technology on its Galaxy Note 20 devices, while Apple uses this technology in the Apple Watch.</p>\n<p>The introduction of the new LPTO displays will enable higher refresh rates and lower power consumption on the iPhone 13 devices. It will also support variable screen refresh rates of up to 120Hz, similar to the ProMotion display on the iPad Pro.</p>\n<p><b>Price Action</b>: Apple shares closed 1.3% lower on Monday at $131.24.</p>\n<p><img src=\"https://static.tigerbbs.com/269ca2a71ab74950eb7e34ff3e41d8f6\" tg-width=\"707\" tg-height=\"157\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple's Adoption Of LTPO Display In iPhone 13 Will Make It Dominant Tech In Coming Years, Says Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple's Adoption Of LTPO Display In iPhone 13 Will Make It Dominant Tech In Coming Years, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-13 17:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Apple Inc.’s</b>AAPLadoption of low-temperature polycrystalline oxide or LTPO display technology in the upcoming iPhone 13 model will make it the dominant technology over the next two years, according to display analyst Ross Young.</p>\n<p><b>What Happened:</b>Young, an analyst with Display Supply Chain Consultants (DSCC),saidon Twitter that DSCC now projects LTPO display technology to overtake LTPOS AMOLED smartphones by the end of 2023 in terms of the percentage share of the U.S. market, with a big uptake from Apple over that period.</p>\n<p>In addition, DSCC on Mondayreleasedits Quarterly Advanced Smartphone Features Report that tracks and forecasts major product trends in the AMOLED smartphone market as well as provides supply chain insights for panels and chipsets.</p>\n<p>DSCC expects LTPO smartphones to reach a 14% unit share and 25% smartphone revenue share by the fourth quarter of 2021, fueled by Apple launching LTPO on its 12s Pro as well as 12s Pro Max, and other flagship phones also increasingly adopting LTPO.</p>\n<p><b>Why It Matters:</b>It wasreportedin March that the higher-end iPhone 13 devices will feature LPTO displays, according to The Elec that cited a UBI Research note.</p>\n<p><b>Samsung Electronics Co. Ltd.</b>OTCSSNLFplans to reportedly convert its OLED display manufacturing line dedicated to its largest customer Apple into one that makes LTPO thin-film transistor OLED displays within the first half of this year. Samsung uses the same technology on its Galaxy Note 20 devices, while Apple uses this technology in the Apple Watch.</p>\n<p>The introduction of the new LPTO displays will enable higher refresh rates and lower power consumption on the iPhone 13 devices. It will also support variable screen refresh rates of up to 120Hz, similar to the ProMotion display on the iPad Pro.</p>\n<p><b>Price Action</b>: Apple shares closed 1.3% lower on Monday at $131.24.</p>\n<p><img src=\"https://static.tigerbbs.com/269ca2a71ab74950eb7e34ff3e41d8f6\" tg-width=\"707\" tg-height=\"157\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180210668","content_text":"Apple Inc.’sAAPLadoption of low-temperature polycrystalline oxide or LTPO display technology in the upcoming iPhone 13 model will make it the dominant technology over the next two years, according to display analyst Ross Young.\nWhat Happened:Young, an analyst with Display Supply Chain Consultants (DSCC),saidon Twitter that DSCC now projects LTPO display technology to overtake LTPOS AMOLED smartphones by the end of 2023 in terms of the percentage share of the U.S. market, with a big uptake from Apple over that period.\nIn addition, DSCC on Mondayreleasedits Quarterly Advanced Smartphone Features Report that tracks and forecasts major product trends in the AMOLED smartphone market as well as provides supply chain insights for panels and chipsets.\nDSCC expects LTPO smartphones to reach a 14% unit share and 25% smartphone revenue share by the fourth quarter of 2021, fueled by Apple launching LTPO on its 12s Pro as well as 12s Pro Max, and other flagship phones also increasingly adopting LTPO.\nWhy It Matters:It wasreportedin March that the higher-end iPhone 13 devices will feature LPTO displays, according to The Elec that cited a UBI Research note.\nSamsung Electronics Co. Ltd.OTCSSNLFplans to reportedly convert its OLED display manufacturing line dedicated to its largest customer Apple into one that makes LTPO thin-film transistor OLED displays within the first half of this year. Samsung uses the same technology on its Galaxy Note 20 devices, while Apple uses this technology in the Apple Watch.\nThe introduction of the new LPTO displays will enable higher refresh rates and lower power consumption on the iPhone 13 devices. It will also support variable screen refresh rates of up to 120Hz, similar to the ProMotion display on the iPad Pro.\nPrice Action: Apple shares closed 1.3% lower on Monday at $131.24.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346017789,"gmtCreate":1617974591141,"gmtModify":1704705501463,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/346017789","repostId":"1147517160","repostType":4,"repost":{"id":"1147517160","kind":"news","pubTimestamp":1617942022,"share":"https://ttm.financial/m/news/1147517160?lang=&edition=fundamental","pubTime":"2021-04-09 12:20","market":"us","language":"en","title":"\"Boom Or Bust For The Economy & Markets\" - JPM Previews The Next 100 Days For Biden","url":"https://stock-news.laohu8.com/highlight/detail?id=1147517160","media":"zerohedge","summary":"On April 7, 2021, JPMorgan hosted two sessions as part of the J.P. Morgan Virtual Investor Seminar a","content":"<p>On April 7, 2021, JPMorgan hosted two sessions as part of the J.P. Morgan Virtual Investor Seminar at the time of the 2021 IMF/WB Spring Meetings featuring external speakers and J.P. Morgan’s Policy Center, Federal Government Relations and Global Research team to discuss the priorities for the Biden administration for the next 100 days and the macro and market implications.</p><p><i>What follows is a summary of the top 10 takeaways of the ideas presented during the seminar by JPMorgan analysts, strategists and economists</i>, as summarized by JPM itself.</p><p><b>1、US growth is entering a boom period with positive spillovers.</b>J.P. Morgan’s Economics Research team estimates US growth will reach 9.5% in 2Q and 8.3% in 3Q before trending down to 6.3% for the year as a whole. Positive spillovers from US imports and a boom of the US economy from financial markets is a positive for the rest of the world, notwithstanding rising interest rates and possibly upward pressure on the dollar. Although vaccine distribution has been uneven across the world, the impending tidal wave of vaccine supply due to a ramp up in production in the next 3-6 months should improve prospects for growth in the rest of the world.</p><p><b>2、The recovery from the pandemic is vastly different from the scarring that took place after the 2008-2009 Global Financial Crisis (GFC) as both the US and China will close the output gap and will likely to be operating above full employment by the end of 2022.</b></p><p>J.P. Morgan’s Economics Research team sees the US unemployment rate reaching 4.5% by year end which is vastly different to a similar point after the GFC where US unemployment was around 9.5%. This time around, the Fed and other central banks will likely remain firmly on hold in raising rates. Another important difference is that the US does not have an overhang of spending and durables, particularly in housing like in the GFC. Instead, there is tailwind from the improvement in household balance sheets where excess savings has been building up. However, emerging markets will bear the brunt of the scarring. Slow vaccination rates and limited fiscal space place EM (ex-China) around 4% below its pre-pandemic growth path.</p><p><b>3、The staggered global economic recovery – led by China last year, moving to the US now, with Europe to come later this year – supports the market recovery and risky assets will continue to benefit.</b></p><p>The scenario for the global environment remains favorable for risky assets backed by above-trend global GDP growth, continued policy support and progress on vaccination and re-opening of economies. It is a blessing in disguise that the global recovery is not synchronized as the staggered rally has prevented broad-based asset bubbles.<b>A synchronized recovery could have meant a likely overshooting of US treasury yields which would have negative implications for valuations of risky asset classes, specifically for equity multiples.</b></p><p>Positioning in risky assets remains below average in a historical context as markets are coming off a record year in market volatility with the VIX recording its highest level in March 2020 that caused broad de-risking across markets. J.P. Morgan’s Equity Strategy Research team expects volatility to decline this year which will contribute to systematic investors’ overall positioning moving higher not just in equity but in other risky assets such as commodities and emerging markets. We continue to favor cyclical sectors and believe that the energy sector remains attractive. While there is a lot of talk about asset bubbles, it is hard to see one in the broad equity market, but certain segments that have more than tripled in price over a short period of time are likely experiencing bubbles, such as innovative ESG sectors like clean energy, solar energy and Electric Vehicles, along with crypto assets and SPACs.</p><p><b>4、Fear of rising inflation is here to stay and the run rate for headline inflation will increase, but delivered inflation continues to lag, and we do not see a regime shift in actual inflation performance.</b></p><p>While markets could continue to test the Fed’s resolve, the messaging will remain clear that the Fed will tolerate an inflation overshoot, and its guidance for liftoff, rate normalization is likely off the table at least through 2022. We have not changed our forecast that the first Fed hike will not occur until early 2024. The recent pickup in headline inflation rates were due largely to jumps in energy prices. While business surveys could signal higher inflation to come, the relationship between the survey price data and future inflation changes generally has been weak.</p><p><b>5、The Biden administration will remain focused on super charging the economy before mid-term elections in 2022 with further spending to be pursued, with passage of the infrastructure bill likely to occur by end-September using budget reconciliation even if tax increases are not approved.</b></p><p>Democrats’ ability to control the Senate and the composition of the House could flip in 2022, and they are looking to take advantage of the current wave of support generated after the passing of the latest stimulus package and rapidly expanding vaccine eligibility to go as big as they can on an infrastructure package. Republicans are also feeling more confident in their standing as picking up seats in the House was unexpected. The outlook for the Senate is more uncertain due to the three pending retirements of Republican senators Roy Blunt (Missouri), Rob Portman (Ohio) and Pat Toomey (Pennsylvania). While Speaker of the House Nancy Pelosi has stated that she would like to see passage of the infrastructure package before the August recess, the hard deadline is likely mid-to-late September. This coincides with the September expiration of the surface transportation legislation known as the FAST Act, as well as the expiration of expanded unemployment benefits from the American Rescue Plan and the July 31 debt ceiling, which all act as deadlines for Congressional action.</p><p><b>6、The recent ruling by the US Senate’s parliamentarian to budget reconciliation procedures have the potential to be a “revolution” in the Senate.</b></p><p>The budget reconciliation process allows for a bill to pass Congress with only 51 votes in the Senate, or 50 votes with the vice president casting the tie-breaking vote. The new ruling means that budget reconciliation is no longer limited to one vote within the fiscal year as revisions of prior budget measures can be proposed, with no limit on the number of revisions.</p><p><b>The implications of this ruling could mean that Democrats could try and pass much of the infrastructure bill, especially the parts pertaining to social equity, through budget reconciliation.</b>(However, Democratic Senators, such as Joe Manchin, have expressed their reservations on using budget reconciliation again this year.)</p><p><b>7、The possibility of gaining approval to raise the corporate tax rate to 28% is highly unlikely to pass with an increase in the 22-24% range more likely.</b></p><p>During the Trump administration, the corporate tax rate in the US was reduced from 35% to the current rate of 21%. The Biden administration has proposed raising the corporate tax rate to 28% and increase the international minimum tax rate that US companies pay on their foreign profits to 21%. The debate on corporate taxes is not a binary choice between 21% vs. 28%. Speakers cautioned that the US corporate tax rate needs to remain globally competitive and that the relative rate is what matters. Including the average 5% tax rate at the state-level raises the US corporate tax to 26%, which is “in the middle of the pack” as the average corporate tax rate for an OECD country is 24%.</p><p><b>If the US corporate tax is raised to 28%, it effectively increases to 33% including state taxes, which is a higher rate than China or Scandinavian countries.</b>This week, Treasury Secretary Yellen made the case for a global minimum corporate tax to address the global competitiveness issue and “avoid a race to the bottom.” The discussion on tax increases is separate from proposals to increase spending. There is no decision about how much of the infrastructure proposal needs to be paid for, or with what specific tax policy change. Nor is there a unified tax agenda and taxes will likely only be raised as much as they need to be raised. Wealth taxes are unlikely to be approved. A reversal of the state and local tax (SALT) cap, which currently hits high income earners the most, will not only be optically unappealing, it is expensive to replace and its expiration date at the end of 2025 makes it less open to debate than other measures. With slim majorities in the Senate and House, Democrats cannot afford to lose a single vote in the Senate and 3-4 votes in the House (though the House number changes daily) and many Democrats will still be hesitant to raise taxes before the 2022 election, when control of both the House and Senate is in play.</p><p><b>8、Markets will remain focused on the risk of a disorderly rise is US bond yields as the projected $3.8trn budget deficit will require $3trn in net new US Treasury supply with ongoing concerns on whether flows will be absorbed smoothly.</b></p><p>We look for higher yields and a steeper curve beyond the 2-year point, and our US Treasury team forecasts the 10-year yield at 1.95% at year-end. Bearish positions are focused on the 7- and 20-year points on the curve that have lacked sponsorship. Discussions on implications of the expiration of the supplementary leverage ratio (SLR) carve-out are ongoing but unresolved, with some calls by former Fed officials to at least exempt the incremental reserves that have accumulated since it began its latest securities purchase program in March 2020 as GSIB banks are among the largest buyers of US Treasuries.</p><p><b>9、Credit markets have been immune to higher rates, equity and commodities volatility in large part due to positive technicals.</b></p><p>While investors remain undecided between whether or not reflation will prove orderly or disorderly, issuance trends seem to reflect a much stronger statement by companies on credit market conditions going forward. Credit markets have been supported by the macroeconomic ‘sugar rush’ associated with the new Biden administration’s spending plans, and US Treasury yields have duly reacted to the specter of inflation. This debate might be entering a new phase, however. The new executive is set to unveil a program of tax increases to pay for its $2trn infrastructure spending plans, which might influence expectations of how quickly said sugar rush might fade. However, the stickiness of secondary market spreads continues to reflect underlying positioning, which does not appear excessively levered or complex. All-in funding costs have likely bottomed and companies are refinancing ‒ especially in loans ‒ and companies unencumbering assets pledged as part of rescue-financing packages last year.</p><p><b>10、Despite the volatility and underperformance of EM FX and local markets, which could persist with the ongoing rise in US rates, EM credit valuations are attractive.</b></p><p>EM credit valuations are attractive and cross-over and high grade investors have been gravitating to holding barbell positions in US and EM credit given attractive pickup (as much as 100bp in yield over US HY) and the low EM HY corporate default rate (JPM 2021F: 2.5%), which is expected around the levels of US HY (2.0%). EM equities haven’t appreciated much over the past decade, and rising 10-year US treasury yields has predominantly been associated with positive absolute returns for EM equities but underperformance to DM equities. Our EM equity strategists have looked back 11 years (since the GFC) and identified periods where the US 10-year yield increased by more than 50bps. During these periods, there was a median USD+3.4% EM equity gain. EM equities produced negative results in only 2 of 8 periods (25%) (See Rising US yield: more friend than foe to EM equities, Pedro Martin Junior, 7 April 2021). US-China tensions will remain in the headlines, but both the US and China have focused on domestic issues rather than each other in recent months. The Biden administration has embraced a multilateral approach to discussions with China, focusing on working with allies and international institutions, and the first meetings have included Japan, Korea and the European Union.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>\"Boom Or Bust For The Economy & Markets\" - JPM Previews The Next 100 Days For Biden</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\">\n\"Boom Or Bust For The Economy & Markets\" - JPM Previews The Next 100 Days For Biden\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 12:20 GMT+8 <a href=https://www.zerohedge.com/markets/boom-or-bust-economy-markets-jpm-previews-next-100-days-biden><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On April 7, 2021, JPMorgan hosted two sessions as part of the J.P. Morgan Virtual Investor Seminar at the time of the 2021 IMF/WB Spring Meetings featuring external speakers and J.P. Morgan’s Policy ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/boom-or-bust-economy-markets-jpm-previews-next-100-days-biden\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/boom-or-bust-economy-markets-jpm-previews-next-100-days-biden","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147517160","content_text":"On April 7, 2021, JPMorgan hosted two sessions as part of the J.P. Morgan Virtual Investor Seminar at the time of the 2021 IMF/WB Spring Meetings featuring external speakers and J.P. Morgan’s Policy Center, Federal Government Relations and Global Research team to discuss the priorities for the Biden administration for the next 100 days and the macro and market implications.What follows is a summary of the top 10 takeaways of the ideas presented during the seminar by JPMorgan analysts, strategists and economists, as summarized by JPM itself.1、US growth is entering a boom period with positive spillovers.J.P. Morgan’s Economics Research team estimates US growth will reach 9.5% in 2Q and 8.3% in 3Q before trending down to 6.3% for the year as a whole. Positive spillovers from US imports and a boom of the US economy from financial markets is a positive for the rest of the world, notwithstanding rising interest rates and possibly upward pressure on the dollar. Although vaccine distribution has been uneven across the world, the impending tidal wave of vaccine supply due to a ramp up in production in the next 3-6 months should improve prospects for growth in the rest of the world.2、The recovery from the pandemic is vastly different from the scarring that took place after the 2008-2009 Global Financial Crisis (GFC) as both the US and China will close the output gap and will likely to be operating above full employment by the end of 2022.J.P. Morgan’s Economics Research team sees the US unemployment rate reaching 4.5% by year end which is vastly different to a similar point after the GFC where US unemployment was around 9.5%. This time around, the Fed and other central banks will likely remain firmly on hold in raising rates. Another important difference is that the US does not have an overhang of spending and durables, particularly in housing like in the GFC. Instead, there is tailwind from the improvement in household balance sheets where excess savings has been building up. However, emerging markets will bear the brunt of the scarring. Slow vaccination rates and limited fiscal space place EM (ex-China) around 4% below its pre-pandemic growth path.3、The staggered global economic recovery – led by China last year, moving to the US now, with Europe to come later this year – supports the market recovery and risky assets will continue to benefit.The scenario for the global environment remains favorable for risky assets backed by above-trend global GDP growth, continued policy support and progress on vaccination and re-opening of economies. It is a blessing in disguise that the global recovery is not synchronized as the staggered rally has prevented broad-based asset bubbles.A synchronized recovery could have meant a likely overshooting of US treasury yields which would have negative implications for valuations of risky asset classes, specifically for equity multiples.Positioning in risky assets remains below average in a historical context as markets are coming off a record year in market volatility with the VIX recording its highest level in March 2020 that caused broad de-risking across markets. J.P. Morgan’s Equity Strategy Research team expects volatility to decline this year which will contribute to systematic investors’ overall positioning moving higher not just in equity but in other risky assets such as commodities and emerging markets. We continue to favor cyclical sectors and believe that the energy sector remains attractive. While there is a lot of talk about asset bubbles, it is hard to see one in the broad equity market, but certain segments that have more than tripled in price over a short period of time are likely experiencing bubbles, such as innovative ESG sectors like clean energy, solar energy and Electric Vehicles, along with crypto assets and SPACs.4、Fear of rising inflation is here to stay and the run rate for headline inflation will increase, but delivered inflation continues to lag, and we do not see a regime shift in actual inflation performance.While markets could continue to test the Fed’s resolve, the messaging will remain clear that the Fed will tolerate an inflation overshoot, and its guidance for liftoff, rate normalization is likely off the table at least through 2022. We have not changed our forecast that the first Fed hike will not occur until early 2024. The recent pickup in headline inflation rates were due largely to jumps in energy prices. While business surveys could signal higher inflation to come, the relationship between the survey price data and future inflation changes generally has been weak.5、The Biden administration will remain focused on super charging the economy before mid-term elections in 2022 with further spending to be pursued, with passage of the infrastructure bill likely to occur by end-September using budget reconciliation even if tax increases are not approved.Democrats’ ability to control the Senate and the composition of the House could flip in 2022, and they are looking to take advantage of the current wave of support generated after the passing of the latest stimulus package and rapidly expanding vaccine eligibility to go as big as they can on an infrastructure package. Republicans are also feeling more confident in their standing as picking up seats in the House was unexpected. The outlook for the Senate is more uncertain due to the three pending retirements of Republican senators Roy Blunt (Missouri), Rob Portman (Ohio) and Pat Toomey (Pennsylvania). While Speaker of the House Nancy Pelosi has stated that she would like to see passage of the infrastructure package before the August recess, the hard deadline is likely mid-to-late September. This coincides with the September expiration of the surface transportation legislation known as the FAST Act, as well as the expiration of expanded unemployment benefits from the American Rescue Plan and the July 31 debt ceiling, which all act as deadlines for Congressional action.6、The recent ruling by the US Senate’s parliamentarian to budget reconciliation procedures have the potential to be a “revolution” in the Senate.The budget reconciliation process allows for a bill to pass Congress with only 51 votes in the Senate, or 50 votes with the vice president casting the tie-breaking vote. The new ruling means that budget reconciliation is no longer limited to one vote within the fiscal year as revisions of prior budget measures can be proposed, with no limit on the number of revisions.The implications of this ruling could mean that Democrats could try and pass much of the infrastructure bill, especially the parts pertaining to social equity, through budget reconciliation.(However, Democratic Senators, such as Joe Manchin, have expressed their reservations on using budget reconciliation again this year.)7、The possibility of gaining approval to raise the corporate tax rate to 28% is highly unlikely to pass with an increase in the 22-24% range more likely.During the Trump administration, the corporate tax rate in the US was reduced from 35% to the current rate of 21%. The Biden administration has proposed raising the corporate tax rate to 28% and increase the international minimum tax rate that US companies pay on their foreign profits to 21%. The debate on corporate taxes is not a binary choice between 21% vs. 28%. Speakers cautioned that the US corporate tax rate needs to remain globally competitive and that the relative rate is what matters. Including the average 5% tax rate at the state-level raises the US corporate tax to 26%, which is “in the middle of the pack” as the average corporate tax rate for an OECD country is 24%.If the US corporate tax is raised to 28%, it effectively increases to 33% including state taxes, which is a higher rate than China or Scandinavian countries.This week, Treasury Secretary Yellen made the case for a global minimum corporate tax to address the global competitiveness issue and “avoid a race to the bottom.” The discussion on tax increases is separate from proposals to increase spending. There is no decision about how much of the infrastructure proposal needs to be paid for, or with what specific tax policy change. Nor is there a unified tax agenda and taxes will likely only be raised as much as they need to be raised. Wealth taxes are unlikely to be approved. A reversal of the state and local tax (SALT) cap, which currently hits high income earners the most, will not only be optically unappealing, it is expensive to replace and its expiration date at the end of 2025 makes it less open to debate than other measures. With slim majorities in the Senate and House, Democrats cannot afford to lose a single vote in the Senate and 3-4 votes in the House (though the House number changes daily) and many Democrats will still be hesitant to raise taxes before the 2022 election, when control of both the House and Senate is in play.8、Markets will remain focused on the risk of a disorderly rise is US bond yields as the projected $3.8trn budget deficit will require $3trn in net new US Treasury supply with ongoing concerns on whether flows will be absorbed smoothly.We look for higher yields and a steeper curve beyond the 2-year point, and our US Treasury team forecasts the 10-year yield at 1.95% at year-end. Bearish positions are focused on the 7- and 20-year points on the curve that have lacked sponsorship. Discussions on implications of the expiration of the supplementary leverage ratio (SLR) carve-out are ongoing but unresolved, with some calls by former Fed officials to at least exempt the incremental reserves that have accumulated since it began its latest securities purchase program in March 2020 as GSIB banks are among the largest buyers of US Treasuries.9、Credit markets have been immune to higher rates, equity and commodities volatility in large part due to positive technicals.While investors remain undecided between whether or not reflation will prove orderly or disorderly, issuance trends seem to reflect a much stronger statement by companies on credit market conditions going forward. Credit markets have been supported by the macroeconomic ‘sugar rush’ associated with the new Biden administration’s spending plans, and US Treasury yields have duly reacted to the specter of inflation. This debate might be entering a new phase, however. The new executive is set to unveil a program of tax increases to pay for its $2trn infrastructure spending plans, which might influence expectations of how quickly said sugar rush might fade. However, the stickiness of secondary market spreads continues to reflect underlying positioning, which does not appear excessively levered or complex. All-in funding costs have likely bottomed and companies are refinancing ‒ especially in loans ‒ and companies unencumbering assets pledged as part of rescue-financing packages last year.10、Despite the volatility and underperformance of EM FX and local markets, which could persist with the ongoing rise in US rates, EM credit valuations are attractive.EM credit valuations are attractive and cross-over and high grade investors have been gravitating to holding barbell positions in US and EM credit given attractive pickup (as much as 100bp in yield over US HY) and the low EM HY corporate default rate (JPM 2021F: 2.5%), which is expected around the levels of US HY (2.0%). EM equities haven’t appreciated much over the past decade, and rising 10-year US treasury yields has predominantly been associated with positive absolute returns for EM equities but underperformance to DM equities. Our EM equity strategists have looked back 11 years (since the GFC) and identified periods where the US 10-year yield increased by more than 50bps. During these periods, there was a median USD+3.4% EM equity gain. EM equities produced negative results in only 2 of 8 periods (25%) (See Rising US yield: more friend than foe to EM equities, Pedro Martin Junior, 7 April 2021). US-China tensions will remain in the headlines, but both the US and China have focused on domestic issues rather than each other in recent months. The Biden administration has embraced a multilateral approach to discussions with China, focusing on working with allies and international institutions, and the first meetings have included Japan, Korea and the European Union.","news_type":1},"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341566968,"gmtCreate":1617841272054,"gmtModify":1704703751165,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341566968","repostId":"1129545935","repostType":4,"repost":{"id":"1129545935","kind":"news","pubTimestamp":1617836157,"share":"https://ttm.financial/m/news/1129545935?lang=&edition=fundamental","pubTime":"2021-04-08 06:55","market":"us","language":"en","title":"Tesla refunds customers for duplicate charges after outcry","url":"https://stock-news.laohu8.com/highlight/detail?id=1129545935","media":"cnbc","summary":"KEY POINTS\n\nTesla has refunded customers it double-billed for new car purchases last month and sent ","content":"<div>\n<p>KEY POINTS\n\nTesla has refunded customers it double-billed for new car purchases last month and sent an apology email offering $200 in credit at the company’s online store.\nCustomers who spoke to CNBC ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/07/tesla-refunds-customers-for-duplicate-charges-offers-200-merchandise.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla refunds customers for duplicate charges after outcry</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\">\nTesla refunds customers for duplicate charges after outcry\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 06:55 GMT+8 <a href=https://www.cnbc.com/2021/04/07/tesla-refunds-customers-for-duplicate-charges-offers-200-merchandise.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nTesla has refunded customers it double-billed for new car purchases last month and sent an apology email offering $200 in credit at the company’s online store.\nCustomers who spoke to CNBC ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/07/tesla-refunds-customers-for-duplicate-charges-offers-200-merchandise.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/04/07/tesla-refunds-customers-for-duplicate-charges-offers-200-merchandise.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129545935","content_text":"KEY POINTS\n\nTesla has refunded customers it double-billed for new car purchases last month and sent an apology email offering $200 in credit at the company’s online store.\nCustomers who spoke to CNBC say they appreciate the gesture but still complain that it took too long for the refunds to materialize.\n\nTeslahas refunded customers it charged twice for new vehicle purchases made at the end of the first quarter, CNBC has learned.\nThe refunds followed CNBC’s reporting on theduplicate chargesand a video review by “Everyday Chris,” Christopher T. Lee, on YouTube, urging other Tesla buyers to use a cashier’s check if they could, instead of allowing Tesla to debit their bank account directly.\nSix customers in California and North Carolina who spoke with and shared records with CNBC found that their refunds took about a week to come through after they initially complained to Elon Musk’s electric car company.\nThese customers received their refunds on or before April 1, including payments for overdraft fees which Tesla’s duplicate withdrawals from their accounts had triggered.\nThis week, Tesla also extended affected owners an apology via e-mail and gave them a $200 credit to spend in a single visit to the company’s online store, according to an email that multiple customers shared with CNBC. The credit must be used in a single transaction on shop.tesla.com, cannot be used for Tesla Tequila and expires on Jan. 30, 2022, the email said.\nAt the Tesla shop online today, $200 can buy smaller items such as Tesla-branded apparel or a new key fob for a Model 3 or Model Y, but not premium items and vehicle accessories such as a roof rack or a bundle of adapters that let drivers plug a Tesla into any outlet to recharge at home or on the road.\nCustomers react\nA spokesperson for National Automated Clearing House Association, or NACHA, told CNBC that, anecdotally, unauthorized duplicate charges for high-priced items purchased using ACH debit are uncommon. NACHA manages the development and governance of the ACH network.\nLee and two other California-based Tesla owners, Clark Peterson and Tom Slattery, who spoke with CNBC about the duplicate charges last month, all said that Tesla needs to improve its sales and customer service.\nPeterson said, “While happy to have the whole situation sorted, I still feel that the response time was inadequate. It took days before Tesla had any kind of response, and they were holding our significant funds the whole time. And it took them five minutes to take those funds from our account.”\nSlattery said the gesture is too little, too late. He has already purchased all the accessories he needs and is not in the mood to wear Tesla’s logo around like an ad at this point, he told CNBC on Tuesday night.\nWhen the duplicate charges hit his account, he was heading to another state to look at houses, hoping to bid on one. Instead, he spent his time distracted, stressed and trying to get anything in writing about a refund.\nTesla paid him back on March 31, about a week after Slattery initially called and visited the company’s Burbank service center and showroom seeking answers, he said.\nAfter receiving the apology email from Tesla on Tuesday night, Slattery told CNBC, “Anything reasonable done quickly would have been completely fine. But I’ve learned that Tesla’s culture is that they care about the stock price and not customers.”\nWhen he read the news about Tesla’srecord first-quarter vehicle delivery numbers, he said, he wanted to be happy for the company but instead had a sinking feeling.\n“I thought, ‘You had to sideline us, even though you had these ridiculously positive sales numbers? How could you not pause to deal with people in dire straits?’”\nThe problems were not limited to customers in California.\nA former banking executive in North Carolina, who asked to remain unnamed out of privacy concerns, said it’s unreasonable for a refund to take a full business week.\nThis person was charged double for a 2021 Model Y, which cost about $54,000. He purchased the car online and was charged twice with funds withdrawn from his account on March 25.\nIt was his bank, rather than Tesla, that alerted him to the unusual activity, he said. It took him about six hours to place a series of phone calls to banks and Tesla in North Carolina and California and figure out what had happened, and he didn’t get an email about a forthcoming refund until March 31. In the meantime he withdrew funds from a brokerage account to cover expenses, he said.\nWhile he’s happy with the car overall and has driven it a few hundred miles already, he said, he would rate Tesla’s customer service only a 1 out of 5. He said it’s clearly Tesla’s mistake, not the banks’ mistake.\nTesla did not immediately respond to a request for comment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341164003,"gmtCreate":1617794828402,"gmtModify":1704703211733,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341164003","repostId":"2125741383","repostType":4,"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349566215,"gmtCreate":1617626797737,"gmtModify":1704701023079,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349566215","repostId":"1168896860","repostType":4,"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570656625926041","authorId":"3570656625926041","name":"Alfred1007","avatar":"https://static.tigerbbs.com/81d8406380cbc0525927f00a9510f2fa","crmLevel":2,"crmLevelSwitch":0,"idStr":"3570656625926041","authorIdStr":"3570656625926041"},"content":"right now investors already price in the stock price, if anything goes wrong then we will see correction","text":"right now investors already price in the stock price, if anything goes wrong then we will see correction","html":"right now investors already price in the stock price, if anything goes wrong then we will see correction"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354254015,"gmtCreate":1617181913937,"gmtModify":1704696885651,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Wow ","listText":"Wow ","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/354254015","repostId":"1196818239","repostType":4,"repost":{"id":"1196818239","kind":"news","pubTimestamp":1617181590,"share":"https://ttm.financial/m/news/1196818239?lang=&edition=fundamental","pubTime":"2021-03-31 17:06","market":"us","language":"en","title":"President Biden will unveil his $2 trillion infrastructure plan today – here are the details","url":"https://stock-news.laohu8.com/highlight/detail?id=1196818239","media":"cnbc","summary":"President Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.The plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.An increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.PresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administra","content":"<div>\n<p>KEY POINTS\n\nPresident Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.\nThe plan aims to revitalize U.S. transportation infrastructure, water ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>President Biden will unveil his $2 trillion infrastructure plan today – here are the details</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPresident Biden will unveil his $2 trillion infrastructure plan today – here are the details\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 17:06 GMT+8 <a href=https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nPresident Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.\nThe plan aims to revitalize U.S. transportation infrastructure, water ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff7dc206228e5f0b17e2120c141f32db","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1196818239","content_text":"KEY POINTS\n\nPresident Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.\nThe plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.\nAn increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.\n\nPresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administration shifts its focus to bolstering the post-pandemic economy.\nThe plan Biden will outline Wednesday will include roughly $2 trillion in spending over eight years, and would raise the corporate tax rate to 28% to fund it, an administration official told reporters Tuesday night.\nThe White House said the tax hike, combined with measures designed to stop offshoring of profits, would fund the infrastructure plan within 15 years.\nThe proposal would:\n\nPut $621 billion into transportation infrastructure such as bridges, roads, public transit, ports, airports and electric vehicle development\nDirect $400 billion to care for elderly and disabled Americans\nInject more than $300 billion into improving drinking-water infrastructure, expanding broadband access and upgrading electric grids\nPut more than $300 billion into building and retrofitting affordable housing, along with constructing and upgrading schools\nInvest $580 billionin American manufacturing, research and development and job training efforts\n\nThe president will kick off his second major White House initiative after passage of a $1.9 trillion coronavirus relief plan earlier this month. The administration aims to approve a first proposal designed to create jobs, revamp U.S. infrastructure and fight climate change before it turns toward a second plan to improve education and expand paid leave and health-care coverage.\nThrough the plan announced Wednesday, the White House aims to show it can “revitalize our national imagination and put millions of Americans to work right now,” the administration official said.\nThe White House plans to fund the spending by raising the corporate tax rate to 28%. Republicans slashed the levy to 21% from 35% as part of their 2017 tax law.\nThe administration also aims to boost the global minimum tax for multinational corporations and ensure they pay at least 21%. The White House also aims to discourage firms from listing tax havens as their address and writing off expenses related to offshoring, among other reforms.\nBiden hopes the package will create manufacturing jobs and rescue failing American infrastructure as the country tries to emerge from the shadow of Covid-19. He and congressional Democrats also aim to combat climate change and start a transition to cleaner energy sources.\nThe president was set to announce his plans in Pittsburgh, a city where organized labor has a strong presence and the economy has undergone a shift from traditional manufacturing and mining to health care and technology. Biden, who has pledged to create union jobs as part of the infrastructure plan, launched his presidential campaign at a Pittsburgh union hall in 2019.\nWhile Democrats narrowly control both chambers of Congress, the party faces challenges in passing the infrastructure plan. The GOP broadly supports efforts to rebuild roads, bridges and airports and expand broadband access, but Republicans oppose tax hikes as part of the process.\n“We’re hearing the next few months might bring a so-called infrastructure proposal that may actually be a Trojan horse for massive tax hikes and other job-killing left-wing policies,” Senate Minority Leader Mitch McConnell, R-Ky., said earlier this month.\nBiden has said he hopes to win Republican support for an infrastructure bill. If Democrats cannot get 10 GOP senators on board, they will have to try to pass the bill through budget reconciliation, which would not require any Republicans to back the plan in a chamber split 50-50 by party.\nThey would also have to consider whether to package the physical infrastructure plans with other recovery policies including universal pre-K and expanded paid leave. Republicans likely would not back more spending to boost the social safety net, especially if Democrats move to hike taxes on the wealthy to fund programs.\nThe administration official did not say whether Biden would seek to pass the plan with bipartisan support.\n“We will begin and will already have begun to do extensive outreach to our counterparts in Congress,” the official said.\nAsked Monday about how the bill could pass, White House press secretary Jen Psaki said Biden would “leave the mechanics of bill passing to [Senate Majority] Leader [Chuck] Schumer and other leaders in Congress.”\nAs of now, Democrats will have two more shots at budget reconciliation before the 2022 midterms. Schumer, D-N.Y., hopes to convince the chamber’s parliamentarian to allow Democrats to use the process at least once more beyond those two opportunities, according to NBC News.\nThe party passed its $1.9 trillion coronavirus relief package without a Republican vote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355332581,"gmtCreate":1617027807343,"gmtModify":1704801074627,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/355332581","repostId":"1135921653","repostType":4,"repost":{"id":"1135921653","kind":"news","pubTimestamp":1617026419,"share":"https://ttm.financial/m/news/1135921653?lang=&edition=fundamental","pubTime":"2021-03-29 22:00","market":"us","language":"en","title":"Cathie Wood’s ARK Invest is launching an ETF focused on space exploration, to begin trading Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1135921653","media":"cnbc","summary":"KEY POINTS\n\nArk Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, wi","content":"<div>\n<p>KEY POINTS\n\nArk Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: a space exploration ETF.\nARKX, the firm’s eighth ETF, comes as ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/29/ark-invests-arkx-space-exploration-etf-to-begin-trading-on-tuesday.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood’s ARK Invest is launching an ETF focused on space exploration, to begin trading Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood’s ARK Invest is launching an ETF focused on space exploration, to begin trading Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-29 22:00 GMT+8 <a href=https://www.cnbc.com/2021/03/29/ark-invests-arkx-space-exploration-etf-to-begin-trading-on-tuesday.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nArk Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: a space exploration ETF.\nARKX, the firm’s eighth ETF, comes as ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/29/ark-invests-arkx-space-exploration-etf-to-begin-trading-on-tuesday.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/411c6ea7e969aee81c7c240d3341abef","relate_stocks":{"ARKX":"ARK Space Exploration & Innovation ETF"},"source_url":"https://www.cnbc.com/2021/03/29/ark-invests-arkx-space-exploration-etf-to-begin-trading-on-tuesday.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1135921653","content_text":"KEY POINTS\n\nArk Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: a space exploration ETF.\nARKX, the firm’s eighth ETF, comes as an increasing number of private space companies prepare to go public later this year.\nWood — CIO and CEO of Ark Investment Management — has made a name for herself by investing in “disruptive innovation” stocks.\n\nArk Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: aspace exploration ETF.\nARKX, the firm’s eighth ETF, comes as an increasing number of private space companies prepare to go public later this year. In the past six months,seven space companies have announced SPAC deals.\nWood — chief investment officer and CEO of Ark Investment Management — has made a name for herself by investing in \"disruptive innovation\" stocks. Wood's flagship fund, Ark Innovation, has seen more than $16 billion in inflows in the past year, according to FactSet.\nWood has big bets on names like Tesla, Teladoc and Roku.\nWood has garnered a large following after Ark Innovation returned nearly 150% last year. However, her flagship fund, Ark Innovation, is down nearly 9% this year. Amid the recent rotation out of technology names and into value stocks from the pressure of rising interest rates,Wood has stayed the course. Ark often buys the dip in any of its top holdings, which are all high conviction names.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356402570,"gmtCreate":1616803679690,"gmtModify":1704799176510,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Cool ","listText":"Cool ","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/356402570","repostId":"1114428323","repostType":4,"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356104108,"gmtCreate":1616761874204,"gmtModify":1704798510431,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/356104108","repostId":"2122420974","repostType":4,"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351661110,"gmtCreate":1616593926730,"gmtModify":1704796132864,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/351661110","repostId":"1120813192","repostType":4,"repost":{"id":"1120813192","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1616590318,"share":"https://ttm.financial/m/news/1120813192?lang=&edition=fundamental","pubTime":"2021-03-24 20:51","market":"us","language":"en","title":"Google signs news content deals with Italian publishers","url":"https://stock-news.laohu8.com/highlight/detail?id=1120813192","media":"Reuters","summary":"Alphabet Inc’s Google has sealed its first licence agreements in Italy with several publishers to of","content":"<p>Alphabet Inc’s Google has sealed its first licence agreements in Italy with several publishers to offer access to some of their content on the U.S. tech group’s Showcase news platform.</p>\n<p>Google News Showcase is a global product to pay news publishers for their content online and a new service that allows partnering publishers to curate content and provide limited access to paywalled stories for users.</p>\n<p>Showcase is expected to launch in Italy in the coming weeks, a media representative for Google in Italy told Reuters.</p>\n<p>News publishers have long fought the world’s most popular internet search engine for compensation for using their content, with European media groups leading the charge.</p>\n<p>Google said in October it planned to pay $1 billion to publishers globally for their news over the next three years via Showcase, which will launch first in Germany, then in Belgium, India, the Netherlands and other countries.</p>\n<p>Google’s agreements were signed with a number of Italian publishers, including RCS Mediagroup, which publishes daily Corriere della Sera as well as popular sports daily Gazzetta dello Sport, the publisher of financial daily Il Sole 24 ore and Caltagirone editore, which owns Rome-based paper Il Messaggero.</p>\n<p>No financial details were disclosed.</p>\n<p>The accords involve 13 Italian editorial companies, giving Google Showcase users access to content from 76 national and local papers.</p>\n<p>The U.S. tech group has sealed similar deals with other news outlets around the world, including in Germany, Brazil and in Britain.</p>\n<p>“We are pleased to have reached this agreement which, by also regulating the issue of related rights, recognises the importance of quality information and the authority of our publications,” RCS Chief Executive Urbano Cairo said in a statement.</p>\n<p>RCS said the deal with Google also included the Spanish-language papers owned by the group - El Mundo, Marca and Expansion.</p>\n<p>The accord could potentially pave the way for a resumption of the U.S. company’s news service in Spain, which was shut down in 2014 in response to legislation which meant it had to pay a mandatory collective licensing fee to re-publish headlines or snippets of news.</p>\n<p>Authorities around the world have been introducing rules to require Google, Facebook and others to share revenue with publishers, including a 2019 directive from Brussels which European Union countries are meant to enact into law by June.</p>\n<p>Both Italy and Spain still have to implement the new EU rules.</p>\n<p>“We hope parliament will address the issue soon”, Fabrizio Carotti, general director at Italy’s news publisher business lobby FIEG told Reuters.</p>\n<p>“In our view, the law should give the national competition regulator the power to determine the criteria to establish how much online platforms have to pay for content in case of no agreement with publishers, helping editorial companies in their negotiations”, Carotti said.</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>Google signs news content deals with Italian publishers</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\">\nGoogle signs news content deals with Italian publishers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-24 20:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Alphabet Inc’s Google has sealed its first licence agreements in Italy with several publishers to offer access to some of their content on the U.S. tech group’s Showcase news platform.</p>\n<p>Google News Showcase is a global product to pay news publishers for their content online and a new service that allows partnering publishers to curate content and provide limited access to paywalled stories for users.</p>\n<p>Showcase is expected to launch in Italy in the coming weeks, a media representative for Google in Italy told Reuters.</p>\n<p>News publishers have long fought the world’s most popular internet search engine for compensation for using their content, with European media groups leading the charge.</p>\n<p>Google said in October it planned to pay $1 billion to publishers globally for their news over the next three years via Showcase, which will launch first in Germany, then in Belgium, India, the Netherlands and other countries.</p>\n<p>Google’s agreements were signed with a number of Italian publishers, including RCS Mediagroup, which publishes daily Corriere della Sera as well as popular sports daily Gazzetta dello Sport, the publisher of financial daily Il Sole 24 ore and Caltagirone editore, which owns Rome-based paper Il Messaggero.</p>\n<p>No financial details were disclosed.</p>\n<p>The accords involve 13 Italian editorial companies, giving Google Showcase users access to content from 76 national and local papers.</p>\n<p>The U.S. tech group has sealed similar deals with other news outlets around the world, including in Germany, Brazil and in Britain.</p>\n<p>“We are pleased to have reached this agreement which, by also regulating the issue of related rights, recognises the importance of quality information and the authority of our publications,” RCS Chief Executive Urbano Cairo said in a statement.</p>\n<p>RCS said the deal with Google also included the Spanish-language papers owned by the group - El Mundo, Marca and Expansion.</p>\n<p>The accord could potentially pave the way for a resumption of the U.S. company’s news service in Spain, which was shut down in 2014 in response to legislation which meant it had to pay a mandatory collective licensing fee to re-publish headlines or snippets of news.</p>\n<p>Authorities around the world have been introducing rules to require Google, Facebook and others to share revenue with publishers, including a 2019 directive from Brussels which European Union countries are meant to enact into law by June.</p>\n<p>Both Italy and Spain still have to implement the new EU rules.</p>\n<p>“We hope parliament will address the issue soon”, Fabrizio Carotti, general director at Italy’s news publisher business lobby FIEG told Reuters.</p>\n<p>“In our view, the law should give the national competition regulator the power to determine the criteria to establish how much online platforms have to pay for content in case of no agreement with publishers, helping editorial companies in their negotiations”, Carotti said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120813192","content_text":"Alphabet Inc’s Google has sealed its first licence agreements in Italy with several publishers to offer access to some of their content on the U.S. tech group’s Showcase news platform.\nGoogle News Showcase is a global product to pay news publishers for their content online and a new service that allows partnering publishers to curate content and provide limited access to paywalled stories for users.\nShowcase is expected to launch in Italy in the coming weeks, a media representative for Google in Italy told Reuters.\nNews publishers have long fought the world’s most popular internet search engine for compensation for using their content, with European media groups leading the charge.\nGoogle said in October it planned to pay $1 billion to publishers globally for their news over the next three years via Showcase, which will launch first in Germany, then in Belgium, India, the Netherlands and other countries.\nGoogle’s agreements were signed with a number of Italian publishers, including RCS Mediagroup, which publishes daily Corriere della Sera as well as popular sports daily Gazzetta dello Sport, the publisher of financial daily Il Sole 24 ore and Caltagirone editore, which owns Rome-based paper Il Messaggero.\nNo financial details were disclosed.\nThe accords involve 13 Italian editorial companies, giving Google Showcase users access to content from 76 national and local papers.\nThe U.S. tech group has sealed similar deals with other news outlets around the world, including in Germany, Brazil and in Britain.\n“We are pleased to have reached this agreement which, by also regulating the issue of related rights, recognises the importance of quality information and the authority of our publications,” RCS Chief Executive Urbano Cairo said in a statement.\nRCS said the deal with Google also included the Spanish-language papers owned by the group - El Mundo, Marca and Expansion.\nThe accord could potentially pave the way for a resumption of the U.S. company’s news service in Spain, which was shut down in 2014 in response to legislation which meant it had to pay a mandatory collective licensing fee to re-publish headlines or snippets of news.\nAuthorities around the world have been introducing rules to require Google, Facebook and others to share revenue with publishers, including a 2019 directive from Brussels which European Union countries are meant to enact into law by June.\nBoth Italy and Spain still have to implement the new EU rules.\n“We hope parliament will address the issue soon”, Fabrizio Carotti, general director at Italy’s news publisher business lobby FIEG told Reuters.\n“In our view, the law should give the national competition regulator the power to determine the criteria to establish how much online platforms have to pay for content in case of no agreement with publishers, helping editorial companies in their negotiations”, Carotti said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359749834,"gmtCreate":1616426040128,"gmtModify":1704794020052,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Apple","listText":"Apple","text":"Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/359749834","repostId":"1177566021","repostType":4,"repost":{"id":"1177566021","kind":"news","pubTimestamp":1616425613,"share":"https://ttm.financial/m/news/1177566021?lang=&edition=fundamental","pubTime":"2021-03-22 23:06","market":"us","language":"en","title":"Apple: The Deeper It Digs, The Better The Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=1177566021","media":"seekingalpha","summary":"Summary\n\nApple has been struggling to find its footing, as rising yields and tough segment comps hav","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple has been struggling to find its footing, as rising yields and tough segment comps have put a lid on the stock price.</li>\n <li>However, business fundamentals remain quite solid. Also, history suggests that buying dips will likely prove to be a profitable trade.</li>\n <li>While stocks undergoing a correction can behave erratically in the near term, a bullish move on Apple at today's levels seems quite reasonable.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6643ffe4604e7a80928843ba6c31789c\" tg-width=\"768\" tg-height=\"512\" referrerpolicy=\"no-referrer\"><span>Photo by Drew Angerer/Getty Images News via Getty Images</span></p>\n<p>Apple (AAPL) has been in a funk lately. Investors that got used to earning over 80% return on the stock in the past two years must be anxious about shares spinning their wheels for the past several months. The stock has been down about 16% from the all-time high, and 10% off early September levels.</p>\n<p>To be clear, the recent lack of traction could be justified by the stock's outstanding performance prior to September 2020, and its need to consolidate (i.e., wait for much of the rest of the market to catch up) before climbing higher. While Apple takes a breather, I think investors could position themselves in the stock now and benefit over a multi-year period.</p>\n<p><b>Fundamentals look solid</b></p>\n<p>I challenge an unbiased analyst or investor to make a strong bearish case against Apple's fundamentals and growth opportunities:</p>\n<ul>\n <li>The iPhone's 5G upgrade cycle has been questioned, particularly after reports of soft demand for the smaller 12 mini. But otherwise, the Pro and Pro Max versions helped to lift iPhone sales in the holiday quarter substantially (see graph below), after a pitiful fiscal fourth quarter. Maybe more importantly, upcoming versions of Apple's smartphones will probably see increased demand as 5G networks expand across global markets.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd7d7fa78d96342c588663825be779e3\" tg-width=\"640\" tg-height=\"348\"><span>Source: DM Martins Research, data from company reports</span></p>\n<ul>\n <li>Doubling service revenues in five years, between 2016 and 2020, was quite a feat. Off a much higher base, Apple could be ready to do it again through 2025, at least according to one analyst. I would not doubt it, since (1) the iPhone installed base is much larger now,at over 1 billion active devices, (2) new services keep getting added to the portfolio, even if some may not have caught on yet, and (3) the Apple One bundle could serve as a nudge for increased user penetration.</li>\n <li>The wearables revolution is probably still in the earlier innings. Apple joined the party when it launched the Watch in 2015 and followed through with the AirPods in late 2016. Both devices have proven successful,beyond many experts' initial projections. The \"next big thing\" is probably VR and AR technology and devices. Credible rumors that Apple might be gearing up to make a move here have already started to surface.</li>\n <li>Apple sits on $200 billion in cash (gross of debt), and the company might not even know what to do with so much money. Investment in growth is a given, with the ambitious development of the Apple Car a likely recipient of some cash infusion. But even an increase in share buybacks and dividends could also be on the table.</li>\n</ul>\n<p><b>What best explains the funk</b></p>\n<p>In addition to an old-fashioned pullback, following two very strong years of performance, I believe that there are two other key factors putting pressure on Apple shares.</p>\n<p>The first is rising yields. Higher interest rates can impact a company and its stock in many different ways (higher interest expenses, disincentive to borrow, etc.), but the most relevant is probably market sentiment. Just ahead of the reopening of the US economy and others around the world to follow,it has made more sense to be exposed to cyclical stocks since the announcement of the first fully-tested COVID-19 vaccine. Also, with yields rising, soon some might start to consider fixed income a viable investment once again, to the detriment of growth stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/52143f5b78656200592c94ae3acf32ad\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>The last time that the 30-year yield climbed substantially over a short period of time was in 2012-2013: up from 2.4% to 4.0% in about 18 months (see graph above, divide index level by 1,000 to arrive at rate). Notice that Apple traded opposite to the yield movement in that case, dropping in value when rates increased, and vice-versa. Worth noting, the stock began to recover about six months before yields peaked.</p>\n<p>The second possible explanation for weakness in Apple is tough comps in 2021, particularly in certain segments that benefited from the stay-at-home economy. The graph below shows that product categories once considered to be in their mature or declining life cycles, namely laptops and tablets, came back to life last year. It is unlikely that 2021 will be as good a period for either.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c413216913310ade0402bd2aed41591\" tg-width=\"636\" tg-height=\"360\"><span>Source: DM Martins Research, data from company reports</span></p>\n<p><b>Attractive below $120</b></p>\n<p>While short-term headwinds can continue to exist, I believe that an investor with a multi-year time horizon in mind will probably benefit from buying Apple at or below $120 per share. The graph below shows that buying the stock on a 15%-plus dip has historically produced annual returns that are 17 percentage points higher than if shares had been bought within 10% of the all-time high.</p>\n<p>Fortunately, for aspiring Apple shareholders, the stock ended the trading session on March 19 at $119.99 – a tease for anyone awaiting an entry point below $120. While stocks undergoing a correction can behave erratically in the near term, a bullish move on Apple today seems quite reasonable to me.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eda2e76bd9eaca25b512770a371e5126\" tg-width=\"602\" tg-height=\"321\"><span>Source: DM Martins Research, data from company reports</span></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>Apple: The Deeper It Digs, The Better The Opportunity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: The Deeper It Digs, The Better The Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 23:06 GMT+8 <a href=https://seekingalpha.com/article/4415183-apple-deeper-digs-better-opportunity><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple has been struggling to find its footing, as rising yields and tough segment comps have put a lid on the stock price.\nHowever, business fundamentals remain quite solid. Also, history ...</p>\n\n<a href=\"https://seekingalpha.com/article/4415183-apple-deeper-digs-better-opportunity\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4415183-apple-deeper-digs-better-opportunity","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1177566021","content_text":"Summary\n\nApple has been struggling to find its footing, as rising yields and tough segment comps have put a lid on the stock price.\nHowever, business fundamentals remain quite solid. Also, history suggests that buying dips will likely prove to be a profitable trade.\nWhile stocks undergoing a correction can behave erratically in the near term, a bullish move on Apple at today's levels seems quite reasonable.\n\nPhoto by Drew Angerer/Getty Images News via Getty Images\nApple (AAPL) has been in a funk lately. Investors that got used to earning over 80% return on the stock in the past two years must be anxious about shares spinning their wheels for the past several months. The stock has been down about 16% from the all-time high, and 10% off early September levels.\nTo be clear, the recent lack of traction could be justified by the stock's outstanding performance prior to September 2020, and its need to consolidate (i.e., wait for much of the rest of the market to catch up) before climbing higher. While Apple takes a breather, I think investors could position themselves in the stock now and benefit over a multi-year period.\nFundamentals look solid\nI challenge an unbiased analyst or investor to make a strong bearish case against Apple's fundamentals and growth opportunities:\n\nThe iPhone's 5G upgrade cycle has been questioned, particularly after reports of soft demand for the smaller 12 mini. But otherwise, the Pro and Pro Max versions helped to lift iPhone sales in the holiday quarter substantially (see graph below), after a pitiful fiscal fourth quarter. Maybe more importantly, upcoming versions of Apple's smartphones will probably see increased demand as 5G networks expand across global markets.\n\nSource: DM Martins Research, data from company reports\n\nDoubling service revenues in five years, between 2016 and 2020, was quite a feat. Off a much higher base, Apple could be ready to do it again through 2025, at least according to one analyst. I would not doubt it, since (1) the iPhone installed base is much larger now,at over 1 billion active devices, (2) new services keep getting added to the portfolio, even if some may not have caught on yet, and (3) the Apple One bundle could serve as a nudge for increased user penetration.\nThe wearables revolution is probably still in the earlier innings. Apple joined the party when it launched the Watch in 2015 and followed through with the AirPods in late 2016. Both devices have proven successful,beyond many experts' initial projections. The \"next big thing\" is probably VR and AR technology and devices. Credible rumors that Apple might be gearing up to make a move here have already started to surface.\nApple sits on $200 billion in cash (gross of debt), and the company might not even know what to do with so much money. Investment in growth is a given, with the ambitious development of the Apple Car a likely recipient of some cash infusion. But even an increase in share buybacks and dividends could also be on the table.\n\nWhat best explains the funk\nIn addition to an old-fashioned pullback, following two very strong years of performance, I believe that there are two other key factors putting pressure on Apple shares.\nThe first is rising yields. Higher interest rates can impact a company and its stock in many different ways (higher interest expenses, disincentive to borrow, etc.), but the most relevant is probably market sentiment. Just ahead of the reopening of the US economy and others around the world to follow,it has made more sense to be exposed to cyclical stocks since the announcement of the first fully-tested COVID-19 vaccine. Also, with yields rising, soon some might start to consider fixed income a viable investment once again, to the detriment of growth stocks.\nData by YCharts\nThe last time that the 30-year yield climbed substantially over a short period of time was in 2012-2013: up from 2.4% to 4.0% in about 18 months (see graph above, divide index level by 1,000 to arrive at rate). Notice that Apple traded opposite to the yield movement in that case, dropping in value when rates increased, and vice-versa. Worth noting, the stock began to recover about six months before yields peaked.\nThe second possible explanation for weakness in Apple is tough comps in 2021, particularly in certain segments that benefited from the stay-at-home economy. The graph below shows that product categories once considered to be in their mature or declining life cycles, namely laptops and tablets, came back to life last year. It is unlikely that 2021 will be as good a period for either.\nSource: DM Martins Research, data from company reports\nAttractive below $120\nWhile short-term headwinds can continue to exist, I believe that an investor with a multi-year time horizon in mind will probably benefit from buying Apple at or below $120 per share. The graph below shows that buying the stock on a 15%-plus dip has historically produced annual returns that are 17 percentage points higher than if shares had been bought within 10% of the all-time high.\nFortunately, for aspiring Apple shareholders, the stock ended the trading session on March 19 at $119.99 – a tease for anyone awaiting an entry point below $120. While stocks undergoing a correction can behave erratically in the near term, a bullish move on Apple today seems quite reasonable to me.\nSource: DM Martins Research, data from company reports","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350130900,"gmtCreate":1616164937000,"gmtModify":1704791796015,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Opps ","listText":"Opps ","text":"Opps","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350130900","repostId":"1128367483","repostType":4,"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":354254015,"gmtCreate":1617181913937,"gmtModify":1704696885651,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Wow ","listText":"Wow ","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/354254015","repostId":"1196818239","repostType":4,"repost":{"id":"1196818239","kind":"news","pubTimestamp":1617181590,"share":"https://ttm.financial/m/news/1196818239?lang=&edition=fundamental","pubTime":"2021-03-31 17:06","market":"us","language":"en","title":"President Biden will unveil his $2 trillion infrastructure plan today – here are the details","url":"https://stock-news.laohu8.com/highlight/detail?id=1196818239","media":"cnbc","summary":"President Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.The plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.An increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.PresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administra","content":"<div>\n<p>KEY POINTS\n\nPresident Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.\nThe plan aims to revitalize U.S. transportation infrastructure, water ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>President Biden will unveil his $2 trillion infrastructure plan today – here are the details</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPresident Biden will unveil his $2 trillion infrastructure plan today – here are the details\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 17:06 GMT+8 <a href=https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nPresident Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.\nThe plan aims to revitalize U.S. transportation infrastructure, water ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff7dc206228e5f0b17e2120c141f32db","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1196818239","content_text":"KEY POINTS\n\nPresident Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.\nThe plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.\nAn increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.\n\nPresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administration shifts its focus to bolstering the post-pandemic economy.\nThe plan Biden will outline Wednesday will include roughly $2 trillion in spending over eight years, and would raise the corporate tax rate to 28% to fund it, an administration official told reporters Tuesday night.\nThe White House said the tax hike, combined with measures designed to stop offshoring of profits, would fund the infrastructure plan within 15 years.\nThe proposal would:\n\nPut $621 billion into transportation infrastructure such as bridges, roads, public transit, ports, airports and electric vehicle development\nDirect $400 billion to care for elderly and disabled Americans\nInject more than $300 billion into improving drinking-water infrastructure, expanding broadband access and upgrading electric grids\nPut more than $300 billion into building and retrofitting affordable housing, along with constructing and upgrading schools\nInvest $580 billionin American manufacturing, research and development and job training efforts\n\nThe president will kick off his second major White House initiative after passage of a $1.9 trillion coronavirus relief plan earlier this month. The administration aims to approve a first proposal designed to create jobs, revamp U.S. infrastructure and fight climate change before it turns toward a second plan to improve education and expand paid leave and health-care coverage.\nThrough the plan announced Wednesday, the White House aims to show it can “revitalize our national imagination and put millions of Americans to work right now,” the administration official said.\nThe White House plans to fund the spending by raising the corporate tax rate to 28%. Republicans slashed the levy to 21% from 35% as part of their 2017 tax law.\nThe administration also aims to boost the global minimum tax for multinational corporations and ensure they pay at least 21%. The White House also aims to discourage firms from listing tax havens as their address and writing off expenses related to offshoring, among other reforms.\nBiden hopes the package will create manufacturing jobs and rescue failing American infrastructure as the country tries to emerge from the shadow of Covid-19. He and congressional Democrats also aim to combat climate change and start a transition to cleaner energy sources.\nThe president was set to announce his plans in Pittsburgh, a city where organized labor has a strong presence and the economy has undergone a shift from traditional manufacturing and mining to health care and technology. Biden, who has pledged to create union jobs as part of the infrastructure plan, launched his presidential campaign at a Pittsburgh union hall in 2019.\nWhile Democrats narrowly control both chambers of Congress, the party faces challenges in passing the infrastructure plan. The GOP broadly supports efforts to rebuild roads, bridges and airports and expand broadband access, but Republicans oppose tax hikes as part of the process.\n“We’re hearing the next few months might bring a so-called infrastructure proposal that may actually be a Trojan horse for massive tax hikes and other job-killing left-wing policies,” Senate Minority Leader Mitch McConnell, R-Ky., said earlier this month.\nBiden has said he hopes to win Republican support for an infrastructure bill. If Democrats cannot get 10 GOP senators on board, they will have to try to pass the bill through budget reconciliation, which would not require any Republicans to back the plan in a chamber split 50-50 by party.\nThey would also have to consider whether to package the physical infrastructure plans with other recovery policies including universal pre-K and expanded paid leave. Republicans likely would not back more spending to boost the social safety net, especially if Democrats move to hike taxes on the wealthy to fund programs.\nThe administration official did not say whether Biden would seek to pass the plan with bipartisan support.\n“We will begin and will already have begun to do extensive outreach to our counterparts in Congress,” the official said.\nAsked Monday about how the bill could pass, White House press secretary Jen Psaki said Biden would “leave the mechanics of bill passing to [Senate Majority] Leader [Chuck] Schumer and other leaders in Congress.”\nAs of now, Democrats will have two more shots at budget reconciliation before the 2022 midterms. Schumer, D-N.Y., hopes to convince the chamber’s parliamentarian to allow Democrats to use the process at least once more beyond those two opportunities, according to NBC News.\nThe party passed its $1.9 trillion coronavirus relief package without a Republican vote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157210116,"gmtCreate":1625582981335,"gmtModify":1703744408200,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157210116","repostId":"1117990582","repostType":4,"repost":{"id":"1117990582","kind":"news","pubTimestamp":1625582488,"share":"https://ttm.financial/m/news/1117990582?lang=&edition=fundamental","pubTime":"2021-07-06 22:41","market":"us","language":"en","title":"Apple shares typically beat the market from July to September and will again, JPMorgan says","url":"https://stock-news.laohu8.com/highlight/detail?id=1117990582","media":"CNBC","summary":"Apple’s stock underperformed the broader market in the first half, but history says it’s time to buy","content":"<div>\n<p>Apple’s stock underperformed the broader market in the first half, but history says it’s time to buy more shares of the technology giant, according to a new JPMorgan report.\nShares of Apple ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/jpmorgan-apples-stock-usually-beats-the-market-from-july-september.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple shares typically beat the market from July to September and will again, JPMorgan says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple shares typically beat the market from July to September and will again, JPMorgan says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 22:41 GMT+8 <a href=https://www.cnbc.com/2021/07/06/jpmorgan-apples-stock-usually-beats-the-market-from-july-september.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s stock underperformed the broader market in the first half, but history says it’s time to buy more shares of the technology giant, according to a new JPMorgan report.\nShares of Apple ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/jpmorgan-apples-stock-usually-beats-the-market-from-july-september.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/07/06/jpmorgan-apples-stock-usually-beats-the-market-from-july-september.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1117990582","content_text":"Apple’s stock underperformed the broader market in the first half, but history says it’s time to buy more shares of the technology giant, according to a new JPMorgan report.\nShares of Apple historically perform better than the overall market in the months leading up to iPhone launches.\n“The upside pressure on volumes for the iPhone 12 series, historical outperformance in the July-September time period heading into launch event, and further catalysts in relation to outperformance for iPhone 13 volumes relative to lowered investor expectations implies a very attractive set up for the shares in the second half of the year,” JPMorgan’s Samik Chatterjee said in a note released Tuesday.\nAPPLE’S JULY TO SEPTEMBER PERFORMANCE (% CHANGE)\n\n\n\n\n2014\n2015\n2016\n2017\n2018\n2019\n2020\n\n\n\n\nAPPLE\n6%\n-4%\n11%\n7%\n19%\n3%\n9%\n\n\nS&P 500\n3%\n-6%\n-1%\n1%\n3%\n1%\n4%\n\n\n\n(Source: JPMorgan)\nChatterjee noted that Apple has significantly underperformed in the first half due to limited catalysts. Apple shares are up 5.5% year to date, while the S&P 500 is up 15.9%.\nHowever, Apple shares have over the past seven years outperformed the S&P 500 from July to September in the lead-up to the company’s fall iPhone launch event. The average outperformance during this period over the past seven years is 7%.\n“We believe the set up heading into 2H21 is interesting and positioned for substantial outperformance to the market, in the backdrop of the underperformance in 1H21,” Chatterjee said.\nContinued momentum behind the iPhone 12 product line and low expectations for the iPhone 13 cycle could drive outperformance for Apple’s stock beyond September until the end of the year, according to JPMorgan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344381175,"gmtCreate":1618375719097,"gmtModify":1704709876028,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/344381175","repostId":"1126332570","repostType":4,"repost":{"id":"1126332570","kind":"news","pubTimestamp":1618372916,"share":"https://ttm.financial/m/news/1126332570?lang=&edition=fundamental","pubTime":"2021-04-14 12:01","market":"us","language":"en","title":"Tesla Focus Shifts To Margins","url":"https://stock-news.laohu8.com/highlight/detail?id=1126332570","media":"seekingalpha","summary":"Analysts expect non-GAAP profit to surge this year.Short-term situation could see a number of pressures.Stock at a key technical point right now.One of the largest criticisms of electric vehicle maker Tesla has been its inability to generate meaningful profits. Despite having a large share of the luxury EV market, the company has posted several years of significant losses in its history. Investors are now hoping that the days of red ink are behind us, which is why the focus must now shift to ke","content":"<p><b>Summary</b></p>\n<ul>\n <li>Analysts expect non-GAAP profit to surge this year.</li>\n <li>Short-term situation could see a number of pressures.</li>\n <li>Stock at a key technical point right now.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00f300f39d8829850b2af6f83fa43c9a\" tg-width=\"1536\" tg-height=\"999\"><span>Photo by Urupong/iStock via Getty Images</span></p>\n<p>One of the largest criticisms of electric vehicle maker Tesla (TSLA) has been its inability to generate meaningful profits. Despite having a large share of the luxury EV market, the company has posted several years of significant losses in its history. Investors are now hoping that the days of red ink are behind us, which is why the focus must now shift to key margin metrics.</p>\n<p>Tesla's GAAP and non-GAAP numbers have always varied wildly due to stock-based compensation. That gap has been quite large recently thanks to Elon Musk's large bonus plan hitting a number of tranches in 2020. Analysts primarily use the adjusted numbers, and Tesla delivered $2.24 in adjusted EPS last year. As the graphic below shows, estimates for this year have been rising for more than a year, with the current average of $4.22 up a bit from the $3.98 average seen at the end of last year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8efe7dc5dee0d26aa4c3862123e6bddf\" tg-width=\"385\" tg-height=\"103\"><span>Source: Seeking Alpha Tesla analyst estimates page</span></p>\n<p>It will be very interesting to see the margin numbers reported when Tesla earnings come out on Monday, April 26th. While the company did beat estimates for Q1 production and deliveries, there was no production of the Model S or X in the quarter. Elon Musk had said on the Q1 conference call that the refreshed versions of those luxury models were in production already and would be delivered in February, but that obviously did not happen. With these being higher margin vehicles in the past, you would figure overall margins will be hurt.</p>\n<p>Q1 also saw sharp rises in key commodity prices like nickel and cobalt, as well as the initial ramp of the Model Y made in China. Tesla skeptics also believe that highly profitable credit sales will fade over time, but it remains to be seen in the short term how much they will contribute. There also were a number of price cuts during the quarter, like for the Model 3 in Japan and a number of European countries. For a time, Tesla also cut prices in the US on the Model Y and also had a much lower priced Standard Range variant that was sold for part of the quarter.</p>\n<p>As the graphic below details, Tesla's GAAP automotive gross margins have mostly been in the mid 20s percentage-wise over the past five quarters. Credit sales have helped quite a bit, but don't forget that this is only just part of the business. Tesla's energy business has seen low margins or negative margins in recent periods, and the services/other segment loses plenty of money each quarter. Overall for Q4 2020, the company's total GAAP gross margin figure was 19.23%, nearly 500 basis points below the automotive segment's GAAP gross margin figure.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c951c203e6189adb5a1cae8b1a41489e\" tg-width=\"640\" tg-height=\"57\"><span>Source: Tesla Q4 2020 investor letter</span></p>\n<p>With almost no Model S/X vehicles sold during the period, company-wide average selling prices will certainly decline. The key question is was Tesla able to keep costs at a reasonable level, or are we going to see a significant drop in gross margins? Management spoke on the conference call about a number of supposedly one-time items that were headwinds in Q4, which if they truly dissipate could really help things in Q1.</p>\n<p>On the operating side, there shouldn't be as much expense given a shorter quarter, less coming from the CEO pay package, and Q4 having a larger part of expenses relating to the employee performance grant process. As a point of reference, the current estimates call for $10.12 billion in Q1 revenue and $0.74 in non-GAAP EPS, compared to $10.74 billion and $0.80 in Q4 2020.</p>\n<p>While the Street expects more than $4 in earnings this year, that number is forecast to surge into the low-double digits by 2024. It certainly helps that expected sharply rising deliveries over time should result in more revenue. However, if there are too many price cuts needed to achieve that growth, whether it be to competition or other factors like global economics, certain margin targets will not be met.</p>\n<p>Don't forget, Tesla's share count is rising over time, which is pressuring the EPS forecast for a given level of net income. The unit sales surge in Japan is a good example of how things can change, as it was driven by price cuts of 13%-17% for the Model 3. I can certainly sell more dollar bills for 90 cents each than I can for 95 cents, but it won't be good for my bottom line.</p>\n<p>As for Tesla shares, they are at a very interesting point right now. They closed Monday just above the 100-day moving average (green line below), but remain under the 50-day (purple line). The current Street price target average implies $60 of downside from here, and the stock's movement until earnings will likely be dependent on whether inflation data results in bond yields moving sharply higher or not. If the stock cannot break above the 50-day, that declining key technical level could provide more resistance, and it brings up the possibility of the stock seeing the dreaded death cross later this year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab48feaf079058dba48f4e221d0db55b\" tg-width=\"640\" tg-height=\"271\"><span>Source: Yahoo! Finance</span></p>\n<p>Tesla certainly defied reduced expectations when it reported its Q1 delivery figures, but my primary Q1 focus will be on margins. How profitable will the company be when it is selling almost no Model S/X units, especially with commodity headwinds and the ramp of the China-made Model Y. Analyst estimates are certainly on the rise, with the Street now calling for a more than $2.2 billion improvement in non-GAAP net income this year. Tesla shares have come off their highs as a rise in bond yields have hurt growth names, but a good quarter in terms of margins could help the name get back above a key technical trend line.</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>Tesla Focus Shifts To Margins</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\">\nTesla Focus Shifts To Margins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 12:01 GMT+8 <a href=https://seekingalpha.com/article/4418935-tesla-focus-shifts-to-margins><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAnalysts expect non-GAAP profit to surge this year.\nShort-term situation could see a number of pressures.\nStock at a key technical point right now.\n\nPhoto by Urupong/iStock via Getty Images\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4418935-tesla-focus-shifts-to-margins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4418935-tesla-focus-shifts-to-margins","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1126332570","content_text":"Summary\n\nAnalysts expect non-GAAP profit to surge this year.\nShort-term situation could see a number of pressures.\nStock at a key technical point right now.\n\nPhoto by Urupong/iStock via Getty Images\nOne of the largest criticisms of electric vehicle maker Tesla (TSLA) has been its inability to generate meaningful profits. Despite having a large share of the luxury EV market, the company has posted several years of significant losses in its history. Investors are now hoping that the days of red ink are behind us, which is why the focus must now shift to key margin metrics.\nTesla's GAAP and non-GAAP numbers have always varied wildly due to stock-based compensation. That gap has been quite large recently thanks to Elon Musk's large bonus plan hitting a number of tranches in 2020. Analysts primarily use the adjusted numbers, and Tesla delivered $2.24 in adjusted EPS last year. As the graphic below shows, estimates for this year have been rising for more than a year, with the current average of $4.22 up a bit from the $3.98 average seen at the end of last year.\nSource: Seeking Alpha Tesla analyst estimates page\nIt will be very interesting to see the margin numbers reported when Tesla earnings come out on Monday, April 26th. While the company did beat estimates for Q1 production and deliveries, there was no production of the Model S or X in the quarter. Elon Musk had said on the Q1 conference call that the refreshed versions of those luxury models were in production already and would be delivered in February, but that obviously did not happen. With these being higher margin vehicles in the past, you would figure overall margins will be hurt.\nQ1 also saw sharp rises in key commodity prices like nickel and cobalt, as well as the initial ramp of the Model Y made in China. Tesla skeptics also believe that highly profitable credit sales will fade over time, but it remains to be seen in the short term how much they will contribute. There also were a number of price cuts during the quarter, like for the Model 3 in Japan and a number of European countries. For a time, Tesla also cut prices in the US on the Model Y and also had a much lower priced Standard Range variant that was sold for part of the quarter.\nAs the graphic below details, Tesla's GAAP automotive gross margins have mostly been in the mid 20s percentage-wise over the past five quarters. Credit sales have helped quite a bit, but don't forget that this is only just part of the business. Tesla's energy business has seen low margins or negative margins in recent periods, and the services/other segment loses plenty of money each quarter. Overall for Q4 2020, the company's total GAAP gross margin figure was 19.23%, nearly 500 basis points below the automotive segment's GAAP gross margin figure.\nSource: Tesla Q4 2020 investor letter\nWith almost no Model S/X vehicles sold during the period, company-wide average selling prices will certainly decline. The key question is was Tesla able to keep costs at a reasonable level, or are we going to see a significant drop in gross margins? Management spoke on the conference call about a number of supposedly one-time items that were headwinds in Q4, which if they truly dissipate could really help things in Q1.\nOn the operating side, there shouldn't be as much expense given a shorter quarter, less coming from the CEO pay package, and Q4 having a larger part of expenses relating to the employee performance grant process. As a point of reference, the current estimates call for $10.12 billion in Q1 revenue and $0.74 in non-GAAP EPS, compared to $10.74 billion and $0.80 in Q4 2020.\nWhile the Street expects more than $4 in earnings this year, that number is forecast to surge into the low-double digits by 2024. It certainly helps that expected sharply rising deliveries over time should result in more revenue. However, if there are too many price cuts needed to achieve that growth, whether it be to competition or other factors like global economics, certain margin targets will not be met.\nDon't forget, Tesla's share count is rising over time, which is pressuring the EPS forecast for a given level of net income. The unit sales surge in Japan is a good example of how things can change, as it was driven by price cuts of 13%-17% for the Model 3. I can certainly sell more dollar bills for 90 cents each than I can for 95 cents, but it won't be good for my bottom line.\nAs for Tesla shares, they are at a very interesting point right now. They closed Monday just above the 100-day moving average (green line below), but remain under the 50-day (purple line). The current Street price target average implies $60 of downside from here, and the stock's movement until earnings will likely be dependent on whether inflation data results in bond yields moving sharply higher or not. If the stock cannot break above the 50-day, that declining key technical level could provide more resistance, and it brings up the possibility of the stock seeing the dreaded death cross later this year.\nSource: Yahoo! Finance\nTesla certainly defied reduced expectations when it reported its Q1 delivery figures, but my primary Q1 focus will be on margins. How profitable will the company be when it is selling almost no Model S/X units, especially with commodity headwinds and the ramp of the China-made Model Y. Analyst estimates are certainly on the rise, with the Street now calling for a more than $2.2 billion improvement in non-GAAP net income this year. Tesla shares have come off their highs as a rise in bond yields have hurt growth names, but a good quarter in terms of margins could help the name get back above a key technical trend line.","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356402570,"gmtCreate":1616803679690,"gmtModify":1704799176510,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Cool ","listText":"Cool ","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/356402570","repostId":"1114428323","repostType":4,"repost":{"id":"1114428323","kind":"news","pubTimestamp":1616771427,"share":"https://ttm.financial/m/news/1114428323?lang=&edition=fundamental","pubTime":"2021-03-26 23:10","market":"us","language":"en","title":"Top 10 Undervalued Income Stocks For 2021 - Value Beats Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1114428323","media":"seekingalpha","summary":"At the end of 2020, we showcased a list of 10 undervalued income stocks for 2021. Looking back, we see that the performance, on average, has been great so far.In this report, we examine the reasons for that and will look at whether all 10 are still strong buys today.In some cases, the opportunity is even better now, in others, it may be time to lock in some gains.In the above chart, we see a very clear trend that emerged towards the end of February. The growth-heavy Nasdaq index started to decl","content":"<p><b>Summary</b></p>\n<ul>\n <li>At the end of 2020, we showcased a list of 10 undervalued income stocks for 2021. Looking back, we see that the performance, on average, has been great so far.</li>\n <li>In this report, we examine the reasons for that and will look at whether all 10 are still strong buys today.</li>\n <li>In some cases, the opportunity is even better now, in others, it may be time to lock in some gains.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2d4b3c6dfc0c9c3580bdfc40f4151fb\" tg-width=\"1536\" tg-height=\"1025\"><span>Photo by VeranikaSmirnaya/iStock via Getty Images</span></p>\n<p>We wrote an article at the end of December in which we showcased 10 attractive income stocks that traded at inexpensive valuations back then. This resulted in a combination of upside potential and above-average income for investors that bought these stocks at the time. In this article, we will look again at the same ten stocks to see what has changed and whether they are all still attractive at current valuations.</p>\n<p><b>Top 10 Value Picks For Dividend Investors</b></p>\n<p>Our choices in our original article included the following 10 stocks:</p>\n<p>- Bristol-Myers Squibb (BMY) and AbbVie (ABBV) in healthcare</p>\n<p>- MPLX (MPLX) and Enterprise Products (EPD) in energy</p>\n<p>- Prudential (PRU) and Citigroup (C) in financials</p>\n<p>- Simon Property Group (SPG) and W. P. Carey (WPC) in real estate</p>\n<p>- AT&T (T) in telecommunication</p>\n<p>- Intel (INTC) in tech</p>\n<p>Looking back one quarter later, we see that shares have performed like this:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/efdd2ae3235c94c5e041ed4f3925d561\" tg-width=\"635\" tg-height=\"555\"><span>Data by YCharts</span></p>\n<p>Year-to-date, they delivered an average return of 12% and a median return of 15%. Contrast this with the year-to-date return of 3% that was delivered by the S&P 500 index (SPY), and we see that our picks clearly outperformed the broad market, delivering 4-5 times the performance enjoyed by those that put their money into the index.</p>\n<p><b>2020 Versus 2021: Growth Versus Value</b></p>\n<p>This was, I believe, partially the result of investing in high-yielding stocks that traded at very inexpensive valuations and were thus undervalued, but the portfolio also benefited from an overall shift in the market's focus.</p>\n<p>2020 was the year of growth stocks, which saw many \"growthy\" tech names generate very attractive gains. The same could be said about EV stocks, renewable stocks, etc., which all flourished last year thanks to an appetite for growth stocks and unprecedented monetary stimulus. In 2021, that has changed to some degree:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a81cfc9a5d54fce53409f7ea5cd0975\" tg-width=\"635\" tg-height=\"470\"><span>Data by YCharts</span></p>\n<p>In the above chart, we see a very clear trend that emerged towards the end of February. The growth-heavy Nasdaq index (NASDAQ:QQQ) started to decline, underperforming the S&P 500 index this year, whereas the less techy, less growth-focused Dow Jones index (NYSEARCA:DIA) has beaten the S&P 500 so far in 2021. Looking at two ETFs that focus on either Value (VTV) or Growth(NYSEARCA:VUG), we see that the value theme clearly has been the winner so far this year, beating all three indexes, whereas the growth-themed ETF is down this year. The good news is that our basket of stocks still easily outperformed the Value ETF, which shows that we seem to have at least some skill when it comes to picking individual stocks (or maybe we got lucky).</p>\n<p><b>Are Those 10 Still Great Buys Today?</b></p>\n<p>Since some of these stocks have moved so much already in the first three months, they may not all be an opportune buy any longer, which is why we will take a quick look at all ten individually.</p>\n<p><b>1. AbbVie</b></p>\n<p>AbbVie was one of our two healthcare picks in the original article. The company combines many positives, including an above-average yield, a low valuation, and steady growth even during the pandemic. AbbVie's most recent quarterly results showcase its outstanding resilience during the current crisis: The company managed to grow its revenues across its portfolio, with Humira, Imbruvica, and its new drugs Skyrizi and Rinvoq showing a strong performance.</p>\n<p>Even better, the company guided earnings above consensus, forecasting earnings per share of $12.40 for the current year. Relative to its share price of $103, this means that shares got even cheaper since our December article, they are now trading for just 8.3 times forward earnings. In short, there is nothing not to like, and I believe that 5.1%-yielding AbbVie is a strong buy.</p>\n<p><b>2. Bristol-Myers Squibb</b></p>\n<p>Bristol-Myers is the other healthcare pick in our original list. Like AbbVie, its shares were very inexpensive in December, and like AbbVie, it has continued to deliver strong operational results. Its most recent quarterly update included a 39% revenue growth rate compared to the previous year's quarter. This was impacted by one-time items from the Celgene takeover, but even adjusted for that, revenue growth came in at a strong 10% year over year.</p>\n<p>Like AbbVie, Bristol-Myers has also increased its earnings per share guidance for 2021, now forecasting profits of ~$7.30 per share. Since shares are essentially flat since the beginning of the year, investors get an even better deal right now in terms of Bristol-Myers' valuation, which stands at 8.3 times net profits right now. Bristol-Myers is also one of the stocks Berkshire Hathaway (BRK.A)(BRK.B) has continued to add to in the most recent quarter, which indicates that this is indeed a strong pick for value investors.</p>\n<p><b>3. MPLX</b></p>\n<p>MPLX is a natural gas midstream player that offered a great income yield in December, at almost 13%. On top of that, shares were very inexpensive, trading at a distributable cash flow yield of almost 19%.</p>\n<p>Like many other energy-related names, MPLX has performed very well in Q1, delivering a performance of almost 20% in three months. Nevertheless, shares are not at all expensive, trading at a single-digit<i>earnings</i>multiple - even though earnings are generally a lot lower than cash flows for pipeline companies due to non-cash depreciation charges. Management believes that the company will have ample surplus cash this year, even after making its hefty dividend payments.</p>\n<p>Its CEO stated that shares are undervalued and that the company will likely do buybacks this year, which is a major positive. This will not only be highly accretive thanks to the low valuation shares are trading at, but should also further support the price. Shares are a less outstanding buy compared to December (or earlier in 2020), but they still look very compelling, we believe. They also still offer a very attractive dividend yield of 11% at today's price.</p>\n<p><b>4. Enterprise Products</b></p>\n<p>Like MPLX, Enterprise Products has performed well so far this year, on the back of enthusiasm for energy-related names. Its profits and cash flows are not really tied to the price of oil, but the market still bid up shares in recent months. The same had been true in 2020 when shares were sold off in tandem with other energy names, even though Enterprise Products' cash flows were not really impacted by lower oil prices.</p>\n<p>Shares are up by double-digits so far this year, but Enterprise Products' shares are not at all expensive. Considering that shares are trading at just around 7 times this year's distributable cash flows, while shares offer a dividend yield of 8.1%, makes us believe that this is still a strong pick for income investors. The fact that management has been buying back shares is another tailwind that could gain relevance as growth spending slows down, which should free up more money for buybacks going forward. We thus still like Enterprise Products as a high-quality midstream company at current prices.</p>\n<p><b>5. Prudential Financial</b></p>\n<p>This insurer has had a very solid 2020 and seeks to generate even stronger profits this year. Shares are up by double-digits so far this year but do not look expensive. With current forecasts seeing the company earn about $11.50 per share this year, and even more next year, shares trade at a ~8 times forward earnings multiple right now. The company continues to reward shareholders handsomely, as Prudential has raised its dividend by 5% in February.</p>\n<p>At current prices, the stock yields 5.1%, which is quite attractive in a low-yield world. Management plans to return a total of $10 billion to the company's owners through 2023, which equates to shareholder returns in the 10% range. Investors can thus count on more dividend increases down the road, coupled with some buybacks that will be quite accretive as long as shares continue to trade at an inexpensive valuation. Shares were a better buy in December, but they still look solid today.</p>\n<p><b>6. Citigroup</b></p>\n<p>Citigroup was the only bank on our list, and I mainly chose it over peers due to its below-average valuation and above-average dividend yield. 2021 has been great for bank stocks so far, due to an overall shift to value stocks, combined with rising interest spreads that are beneficial for banks' earnings.</p>\n<p>Shares rose by double-digits so far this year, hitting a high of $76 about two weeks ago. At that price, shares were trading above tangible book value, which stands at $73.80 right now, which is why I sold part of my position in the mid-$70s. Nevertheless, I did not sell my entire stake, as I feel that shares could rise above that level at some point in 2021, even though they have pulled back a little for now.</p>\n<p>The fact that banks are allowed to return more capital to their owners this year could become a catalyst for share price gains in 2021, as Citigroup will likely seek to increase its dividend and ramp up share repurchases. Trading marginally below tangible book value and at around 10 times this year's earnings, Citigroup is not at all expensive, although also not an absolute bargain any longer. I am moderately bullish, but wouldn't buy more at current valuations.</p>\n<p><b>7. Simon Property</b></p>\n<p>Simon Property is the leading mall player in the US, especially following the close of its acquisition of Taubman. The company had a harsh 2020, but its assets will, we believe, remain in use for a long time. High-quality malls in major metropolitan areas will not lose their value due to online shopping, as retail space can be used for more experimental retail, restaurants, bars, co-working spaces, hotels, and so on.</p>\n<p>This was our thesis throughout 2020, which is why we were very bullish on the stock when it traded at ultra-low valuations last year. In 2021, shares have, so far, returned almost 30%, as the market is increasingly realizing that the pandemic was not the end for high-quality retail real estate such as the properties that Simon Property owns. Shares breached $120 earlier in March but have pulled back a little for now.</p>\n<p>Trading at ~11 times this year's FFO, Simon Property is not an absolute bargain stock any longer. I personally believe that shares will rise back towards pre-crisis levels of $150+ eventually, but that may take some time, and there is not necessarily massive upside left in 2021. I continue to hold my Simon Property position and am bullish with a long-term view, but the best time to add this stock wasin 2020 when it traded at double-digits.</p>\n<p><b>8. W. P. Carey</b></p>\n<p>Unlike Simon Property, W. P. Carey has not risen a lot this year. Instead, shares are down slightly, potentially due to the fact that real estate investors moved towards more cyclical picks in the sector for the reopening trade. W. P. Carey is a rock-solid, low-risk income stock that offers a yield of 6.0% right here and that trades at 15 times forward FFO. This is an above-average valuation compared to the other stocks in this list, but that seems justified based on the fact that W. P. Carey has always traded at higher valuations than most of these stocks.</p>\n<p>As income investors can still not generate attractive yields from bonds, they will, I believe, eventually flock back towards low-risk REITs such as W. P. Carey or Realty Income (O), which could propel shares of these companies back to pre-crisis levels. In W. P. Carey's case, they traded at around $90 before the pandemic, which equates to a yield of around 4.5%. A recovery to that level does not seem unrealistic, I believe, which is why I continue to see W. P. Carey as a moderate-return, low-risk stock, which makes it attractive from a risk-to-reward perspective.</p>\n<p><b>9. AT&T</b></p>\n<p>AT&T remains a battleground stock, with bulls touting the undervaluation and potential in streaming, while bears focus on the high debt load. We do not see AT&T as an extremely-high-quality pick, but the company's shares offer a solid yield of almost 7% and current management seems to have the right focus. Plans to monetize non-core assets, including DirecTV, are great, and the company plans to deleverage meaningfully over the coming years. AT&T is not a high-growth company and will not turn into one, but the fact that the performance of HBO Max has beaten management's expectations is a positive for sure. At less than 10 times net profits, AT&T remains quite inexpensive and if management executes on its plans, shares could deliver quite solid returns over the coming years.</p>\n<p><b>10. Intel</b></p>\n<p>Intel is a somewhat weird stock - the company executes well and grows steadily, but its shares see big swings up and down depending on whether investors are focusing on positive news items or negative news items at the moment. So far this year, they seem to do the prior, as shares have risen by 25% in just three months. This can't be explained by the underlying operational performance, which has been solid but didn't include growth of 20%+. Instead, the market is currently liking Intel's stock based on recent news such as a new CEO and plans to invest heavily to grow production capacity.</p>\n<p>I think the best time to buy Intel's shares is when the market is focusing on the bad news, whereas one may want to lock in gains when shares are trading at the top end of the recent valuation range. At 13.5 times forward earnings, Intel's shares trade at a premium to the median earnings multiple they have traded at over the last couple of years, thus I wouldn't buy here. Instead, locking in gains in the high $60s seemed like an opportune choice. I wouldn't be too surprised if shares fell back towards the mid-$50s or lower at some point during this year.</p>\n<p><b>Takeaway</b></p>\n<p>Our picks for 2020 have done very well so far, easily beating the market and even purely value-focused ETFs. However, not all of these stocks are necessarily still a great buy. I personally wouldn't buy Intel now, as the stock has already delivered easily more than 20% this year, and is trading at the higher end of the recent valuation range. On the other hand, some of our picks, such as AbbVie or W. P. Carey, are still priced very favorably and may even be a better buy right now compared to the beginning of the year.</p>\n<p>We welcome you to share your comments on the above stocks, as well as your picks for the remainder of 2021!</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>Top 10 Undervalued Income Stocks For 2021 - Value Beats Growth</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\">\nTop 10 Undervalued Income Stocks For 2021 - Value Beats Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 23:10 GMT+8 <a href=https://seekingalpha.com/article/4416178-top-10-undervalued-income-stocks-for-2021-value-beats-growth><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAt the end of 2020, we showcased a list of 10 undervalued income stocks for 2021. Looking back, we see that the performance, on average, has been great so far.\nIn this report, we examine the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4416178-top-10-undervalued-income-stocks-for-2021-value-beats-growth\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗","PFH":"Prudential Financial Inc","ABBV":"艾伯维公司","MPLX":"MPLX LP","WPC":"W. P. Carey Inc","T":"美国电话电报","BMY":"施贵宝","SPG":"西蒙地产","INTC":"英特尔","EPD":"Enterprise Products Partners L.P"},"source_url":"https://seekingalpha.com/article/4416178-top-10-undervalued-income-stocks-for-2021-value-beats-growth","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1114428323","content_text":"Summary\n\nAt the end of 2020, we showcased a list of 10 undervalued income stocks for 2021. Looking back, we see that the performance, on average, has been great so far.\nIn this report, we examine the reasons for that and will look at whether all 10 are still strong buys today.\nIn some cases, the opportunity is even better now, in others, it may be time to lock in some gains.\n\nPhoto by VeranikaSmirnaya/iStock via Getty Images\nWe wrote an article at the end of December in which we showcased 10 attractive income stocks that traded at inexpensive valuations back then. This resulted in a combination of upside potential and above-average income for investors that bought these stocks at the time. In this article, we will look again at the same ten stocks to see what has changed and whether they are all still attractive at current valuations.\nTop 10 Value Picks For Dividend Investors\nOur choices in our original article included the following 10 stocks:\n- Bristol-Myers Squibb (BMY) and AbbVie (ABBV) in healthcare\n- MPLX (MPLX) and Enterprise Products (EPD) in energy\n- Prudential (PRU) and Citigroup (C) in financials\n- Simon Property Group (SPG) and W. P. Carey (WPC) in real estate\n- AT&T (T) in telecommunication\n- Intel (INTC) in tech\nLooking back one quarter later, we see that shares have performed like this:\nData by YCharts\nYear-to-date, they delivered an average return of 12% and a median return of 15%. Contrast this with the year-to-date return of 3% that was delivered by the S&P 500 index (SPY), and we see that our picks clearly outperformed the broad market, delivering 4-5 times the performance enjoyed by those that put their money into the index.\n2020 Versus 2021: Growth Versus Value\nThis was, I believe, partially the result of investing in high-yielding stocks that traded at very inexpensive valuations and were thus undervalued, but the portfolio also benefited from an overall shift in the market's focus.\n2020 was the year of growth stocks, which saw many \"growthy\" tech names generate very attractive gains. The same could be said about EV stocks, renewable stocks, etc., which all flourished last year thanks to an appetite for growth stocks and unprecedented monetary stimulus. In 2021, that has changed to some degree:\nData by YCharts\nIn the above chart, we see a very clear trend that emerged towards the end of February. The growth-heavy Nasdaq index (NASDAQ:QQQ) started to decline, underperforming the S&P 500 index this year, whereas the less techy, less growth-focused Dow Jones index (NYSEARCA:DIA) has beaten the S&P 500 so far in 2021. Looking at two ETFs that focus on either Value (VTV) or Growth(NYSEARCA:VUG), we see that the value theme clearly has been the winner so far this year, beating all three indexes, whereas the growth-themed ETF is down this year. The good news is that our basket of stocks still easily outperformed the Value ETF, which shows that we seem to have at least some skill when it comes to picking individual stocks (or maybe we got lucky).\nAre Those 10 Still Great Buys Today?\nSince some of these stocks have moved so much already in the first three months, they may not all be an opportune buy any longer, which is why we will take a quick look at all ten individually.\n1. AbbVie\nAbbVie was one of our two healthcare picks in the original article. The company combines many positives, including an above-average yield, a low valuation, and steady growth even during the pandemic. AbbVie's most recent quarterly results showcase its outstanding resilience during the current crisis: The company managed to grow its revenues across its portfolio, with Humira, Imbruvica, and its new drugs Skyrizi and Rinvoq showing a strong performance.\nEven better, the company guided earnings above consensus, forecasting earnings per share of $12.40 for the current year. Relative to its share price of $103, this means that shares got even cheaper since our December article, they are now trading for just 8.3 times forward earnings. In short, there is nothing not to like, and I believe that 5.1%-yielding AbbVie is a strong buy.\n2. Bristol-Myers Squibb\nBristol-Myers is the other healthcare pick in our original list. Like AbbVie, its shares were very inexpensive in December, and like AbbVie, it has continued to deliver strong operational results. Its most recent quarterly update included a 39% revenue growth rate compared to the previous year's quarter. This was impacted by one-time items from the Celgene takeover, but even adjusted for that, revenue growth came in at a strong 10% year over year.\nLike AbbVie, Bristol-Myers has also increased its earnings per share guidance for 2021, now forecasting profits of ~$7.30 per share. Since shares are essentially flat since the beginning of the year, investors get an even better deal right now in terms of Bristol-Myers' valuation, which stands at 8.3 times net profits right now. Bristol-Myers is also one of the stocks Berkshire Hathaway (BRK.A)(BRK.B) has continued to add to in the most recent quarter, which indicates that this is indeed a strong pick for value investors.\n3. MPLX\nMPLX is a natural gas midstream player that offered a great income yield in December, at almost 13%. On top of that, shares were very inexpensive, trading at a distributable cash flow yield of almost 19%.\nLike many other energy-related names, MPLX has performed very well in Q1, delivering a performance of almost 20% in three months. Nevertheless, shares are not at all expensive, trading at a single-digitearningsmultiple - even though earnings are generally a lot lower than cash flows for pipeline companies due to non-cash depreciation charges. Management believes that the company will have ample surplus cash this year, even after making its hefty dividend payments.\nIts CEO stated that shares are undervalued and that the company will likely do buybacks this year, which is a major positive. This will not only be highly accretive thanks to the low valuation shares are trading at, but should also further support the price. Shares are a less outstanding buy compared to December (or earlier in 2020), but they still look very compelling, we believe. They also still offer a very attractive dividend yield of 11% at today's price.\n4. Enterprise Products\nLike MPLX, Enterprise Products has performed well so far this year, on the back of enthusiasm for energy-related names. Its profits and cash flows are not really tied to the price of oil, but the market still bid up shares in recent months. The same had been true in 2020 when shares were sold off in tandem with other energy names, even though Enterprise Products' cash flows were not really impacted by lower oil prices.\nShares are up by double-digits so far this year, but Enterprise Products' shares are not at all expensive. Considering that shares are trading at just around 7 times this year's distributable cash flows, while shares offer a dividend yield of 8.1%, makes us believe that this is still a strong pick for income investors. The fact that management has been buying back shares is another tailwind that could gain relevance as growth spending slows down, which should free up more money for buybacks going forward. We thus still like Enterprise Products as a high-quality midstream company at current prices.\n5. Prudential Financial\nThis insurer has had a very solid 2020 and seeks to generate even stronger profits this year. Shares are up by double-digits so far this year but do not look expensive. With current forecasts seeing the company earn about $11.50 per share this year, and even more next year, shares trade at a ~8 times forward earnings multiple right now. The company continues to reward shareholders handsomely, as Prudential has raised its dividend by 5% in February.\nAt current prices, the stock yields 5.1%, which is quite attractive in a low-yield world. Management plans to return a total of $10 billion to the company's owners through 2023, which equates to shareholder returns in the 10% range. Investors can thus count on more dividend increases down the road, coupled with some buybacks that will be quite accretive as long as shares continue to trade at an inexpensive valuation. Shares were a better buy in December, but they still look solid today.\n6. Citigroup\nCitigroup was the only bank on our list, and I mainly chose it over peers due to its below-average valuation and above-average dividend yield. 2021 has been great for bank stocks so far, due to an overall shift to value stocks, combined with rising interest spreads that are beneficial for banks' earnings.\nShares rose by double-digits so far this year, hitting a high of $76 about two weeks ago. At that price, shares were trading above tangible book value, which stands at $73.80 right now, which is why I sold part of my position in the mid-$70s. Nevertheless, I did not sell my entire stake, as I feel that shares could rise above that level at some point in 2021, even though they have pulled back a little for now.\nThe fact that banks are allowed to return more capital to their owners this year could become a catalyst for share price gains in 2021, as Citigroup will likely seek to increase its dividend and ramp up share repurchases. Trading marginally below tangible book value and at around 10 times this year's earnings, Citigroup is not at all expensive, although also not an absolute bargain any longer. I am moderately bullish, but wouldn't buy more at current valuations.\n7. Simon Property\nSimon Property is the leading mall player in the US, especially following the close of its acquisition of Taubman. The company had a harsh 2020, but its assets will, we believe, remain in use for a long time. High-quality malls in major metropolitan areas will not lose their value due to online shopping, as retail space can be used for more experimental retail, restaurants, bars, co-working spaces, hotels, and so on.\nThis was our thesis throughout 2020, which is why we were very bullish on the stock when it traded at ultra-low valuations last year. In 2021, shares have, so far, returned almost 30%, as the market is increasingly realizing that the pandemic was not the end for high-quality retail real estate such as the properties that Simon Property owns. Shares breached $120 earlier in March but have pulled back a little for now.\nTrading at ~11 times this year's FFO, Simon Property is not an absolute bargain stock any longer. I personally believe that shares will rise back towards pre-crisis levels of $150+ eventually, but that may take some time, and there is not necessarily massive upside left in 2021. I continue to hold my Simon Property position and am bullish with a long-term view, but the best time to add this stock wasin 2020 when it traded at double-digits.\n8. W. P. Carey\nUnlike Simon Property, W. P. Carey has not risen a lot this year. Instead, shares are down slightly, potentially due to the fact that real estate investors moved towards more cyclical picks in the sector for the reopening trade. W. P. Carey is a rock-solid, low-risk income stock that offers a yield of 6.0% right here and that trades at 15 times forward FFO. This is an above-average valuation compared to the other stocks in this list, but that seems justified based on the fact that W. P. Carey has always traded at higher valuations than most of these stocks.\nAs income investors can still not generate attractive yields from bonds, they will, I believe, eventually flock back towards low-risk REITs such as W. P. Carey or Realty Income (O), which could propel shares of these companies back to pre-crisis levels. In W. P. Carey's case, they traded at around $90 before the pandemic, which equates to a yield of around 4.5%. A recovery to that level does not seem unrealistic, I believe, which is why I continue to see W. P. Carey as a moderate-return, low-risk stock, which makes it attractive from a risk-to-reward perspective.\n9. AT&T\nAT&T remains a battleground stock, with bulls touting the undervaluation and potential in streaming, while bears focus on the high debt load. We do not see AT&T as an extremely-high-quality pick, but the company's shares offer a solid yield of almost 7% and current management seems to have the right focus. Plans to monetize non-core assets, including DirecTV, are great, and the company plans to deleverage meaningfully over the coming years. AT&T is not a high-growth company and will not turn into one, but the fact that the performance of HBO Max has beaten management's expectations is a positive for sure. At less than 10 times net profits, AT&T remains quite inexpensive and if management executes on its plans, shares could deliver quite solid returns over the coming years.\n10. Intel\nIntel is a somewhat weird stock - the company executes well and grows steadily, but its shares see big swings up and down depending on whether investors are focusing on positive news items or negative news items at the moment. So far this year, they seem to do the prior, as shares have risen by 25% in just three months. This can't be explained by the underlying operational performance, which has been solid but didn't include growth of 20%+. Instead, the market is currently liking Intel's stock based on recent news such as a new CEO and plans to invest heavily to grow production capacity.\nI think the best time to buy Intel's shares is when the market is focusing on the bad news, whereas one may want to lock in gains when shares are trading at the top end of the recent valuation range. At 13.5 times forward earnings, Intel's shares trade at a premium to the median earnings multiple they have traded at over the last couple of years, thus I wouldn't buy here. Instead, locking in gains in the high $60s seemed like an opportune choice. I wouldn't be too surprised if shares fell back towards the mid-$50s or lower at some point during this year.\nTakeaway\nOur picks for 2020 have done very well so far, easily beating the market and even purely value-focused ETFs. However, not all of these stocks are necessarily still a great buy. I personally wouldn't buy Intel now, as the stock has already delivered easily more than 20% this year, and is trading at the higher end of the recent valuation range. On the other hand, some of our picks, such as AbbVie or W. P. Carey, are still priced very favorably and may even be a better buy right now compared to the beginning of the year.\nWe welcome you to share your comments on the above stocks, as well as your picks for the remainder of 2021!","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328557719,"gmtCreate":1615543393331,"gmtModify":1704784341675,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/328557719","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615452861,"share":"https://ttm.financial/m/news/1199156489?lang=&edition=fundamental","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</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>US Daylight Saving Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Daylight Saving Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-11 16:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.</p><p>So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.</p><p><b>What is daylight saving time?</b></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359749834,"gmtCreate":1616426040128,"gmtModify":1704794020052,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Apple","listText":"Apple","text":"Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/359749834","repostId":"1177566021","repostType":4,"repost":{"id":"1177566021","kind":"news","pubTimestamp":1616425613,"share":"https://ttm.financial/m/news/1177566021?lang=&edition=fundamental","pubTime":"2021-03-22 23:06","market":"us","language":"en","title":"Apple: The Deeper It Digs, The Better The Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=1177566021","media":"seekingalpha","summary":"Summary\n\nApple has been struggling to find its footing, as rising yields and tough segment comps hav","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple has been struggling to find its footing, as rising yields and tough segment comps have put a lid on the stock price.</li>\n <li>However, business fundamentals remain quite solid. Also, history suggests that buying dips will likely prove to be a profitable trade.</li>\n <li>While stocks undergoing a correction can behave erratically in the near term, a bullish move on Apple at today's levels seems quite reasonable.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6643ffe4604e7a80928843ba6c31789c\" tg-width=\"768\" tg-height=\"512\" referrerpolicy=\"no-referrer\"><span>Photo by Drew Angerer/Getty Images News via Getty Images</span></p>\n<p>Apple (AAPL) has been in a funk lately. Investors that got used to earning over 80% return on the stock in the past two years must be anxious about shares spinning their wheels for the past several months. The stock has been down about 16% from the all-time high, and 10% off early September levels.</p>\n<p>To be clear, the recent lack of traction could be justified by the stock's outstanding performance prior to September 2020, and its need to consolidate (i.e., wait for much of the rest of the market to catch up) before climbing higher. While Apple takes a breather, I think investors could position themselves in the stock now and benefit over a multi-year period.</p>\n<p><b>Fundamentals look solid</b></p>\n<p>I challenge an unbiased analyst or investor to make a strong bearish case against Apple's fundamentals and growth opportunities:</p>\n<ul>\n <li>The iPhone's 5G upgrade cycle has been questioned, particularly after reports of soft demand for the smaller 12 mini. But otherwise, the Pro and Pro Max versions helped to lift iPhone sales in the holiday quarter substantially (see graph below), after a pitiful fiscal fourth quarter. Maybe more importantly, upcoming versions of Apple's smartphones will probably see increased demand as 5G networks expand across global markets.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd7d7fa78d96342c588663825be779e3\" tg-width=\"640\" tg-height=\"348\"><span>Source: DM Martins Research, data from company reports</span></p>\n<ul>\n <li>Doubling service revenues in five years, between 2016 and 2020, was quite a feat. Off a much higher base, Apple could be ready to do it again through 2025, at least according to one analyst. I would not doubt it, since (1) the iPhone installed base is much larger now,at over 1 billion active devices, (2) new services keep getting added to the portfolio, even if some may not have caught on yet, and (3) the Apple One bundle could serve as a nudge for increased user penetration.</li>\n <li>The wearables revolution is probably still in the earlier innings. Apple joined the party when it launched the Watch in 2015 and followed through with the AirPods in late 2016. Both devices have proven successful,beyond many experts' initial projections. The \"next big thing\" is probably VR and AR technology and devices. Credible rumors that Apple might be gearing up to make a move here have already started to surface.</li>\n <li>Apple sits on $200 billion in cash (gross of debt), and the company might not even know what to do with so much money. Investment in growth is a given, with the ambitious development of the Apple Car a likely recipient of some cash infusion. But even an increase in share buybacks and dividends could also be on the table.</li>\n</ul>\n<p><b>What best explains the funk</b></p>\n<p>In addition to an old-fashioned pullback, following two very strong years of performance, I believe that there are two other key factors putting pressure on Apple shares.</p>\n<p>The first is rising yields. Higher interest rates can impact a company and its stock in many different ways (higher interest expenses, disincentive to borrow, etc.), but the most relevant is probably market sentiment. Just ahead of the reopening of the US economy and others around the world to follow,it has made more sense to be exposed to cyclical stocks since the announcement of the first fully-tested COVID-19 vaccine. Also, with yields rising, soon some might start to consider fixed income a viable investment once again, to the detriment of growth stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/52143f5b78656200592c94ae3acf32ad\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>The last time that the 30-year yield climbed substantially over a short period of time was in 2012-2013: up from 2.4% to 4.0% in about 18 months (see graph above, divide index level by 1,000 to arrive at rate). Notice that Apple traded opposite to the yield movement in that case, dropping in value when rates increased, and vice-versa. Worth noting, the stock began to recover about six months before yields peaked.</p>\n<p>The second possible explanation for weakness in Apple is tough comps in 2021, particularly in certain segments that benefited from the stay-at-home economy. The graph below shows that product categories once considered to be in their mature or declining life cycles, namely laptops and tablets, came back to life last year. It is unlikely that 2021 will be as good a period for either.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c413216913310ade0402bd2aed41591\" tg-width=\"636\" tg-height=\"360\"><span>Source: DM Martins Research, data from company reports</span></p>\n<p><b>Attractive below $120</b></p>\n<p>While short-term headwinds can continue to exist, I believe that an investor with a multi-year time horizon in mind will probably benefit from buying Apple at or below $120 per share. The graph below shows that buying the stock on a 15%-plus dip has historically produced annual returns that are 17 percentage points higher than if shares had been bought within 10% of the all-time high.</p>\n<p>Fortunately, for aspiring Apple shareholders, the stock ended the trading session on March 19 at $119.99 – a tease for anyone awaiting an entry point below $120. While stocks undergoing a correction can behave erratically in the near term, a bullish move on Apple today seems quite reasonable to me.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eda2e76bd9eaca25b512770a371e5126\" tg-width=\"602\" tg-height=\"321\"><span>Source: DM Martins Research, data from company reports</span></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>Apple: The Deeper It Digs, The Better The Opportunity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: The Deeper It Digs, The Better The Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 23:06 GMT+8 <a href=https://seekingalpha.com/article/4415183-apple-deeper-digs-better-opportunity><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple has been struggling to find its footing, as rising yields and tough segment comps have put a lid on the stock price.\nHowever, business fundamentals remain quite solid. Also, history ...</p>\n\n<a href=\"https://seekingalpha.com/article/4415183-apple-deeper-digs-better-opportunity\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4415183-apple-deeper-digs-better-opportunity","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1177566021","content_text":"Summary\n\nApple has been struggling to find its footing, as rising yields and tough segment comps have put a lid on the stock price.\nHowever, business fundamentals remain quite solid. Also, history suggests that buying dips will likely prove to be a profitable trade.\nWhile stocks undergoing a correction can behave erratically in the near term, a bullish move on Apple at today's levels seems quite reasonable.\n\nPhoto by Drew Angerer/Getty Images News via Getty Images\nApple (AAPL) has been in a funk lately. Investors that got used to earning over 80% return on the stock in the past two years must be anxious about shares spinning their wheels for the past several months. The stock has been down about 16% from the all-time high, and 10% off early September levels.\nTo be clear, the recent lack of traction could be justified by the stock's outstanding performance prior to September 2020, and its need to consolidate (i.e., wait for much of the rest of the market to catch up) before climbing higher. While Apple takes a breather, I think investors could position themselves in the stock now and benefit over a multi-year period.\nFundamentals look solid\nI challenge an unbiased analyst or investor to make a strong bearish case against Apple's fundamentals and growth opportunities:\n\nThe iPhone's 5G upgrade cycle has been questioned, particularly after reports of soft demand for the smaller 12 mini. But otherwise, the Pro and Pro Max versions helped to lift iPhone sales in the holiday quarter substantially (see graph below), after a pitiful fiscal fourth quarter. Maybe more importantly, upcoming versions of Apple's smartphones will probably see increased demand as 5G networks expand across global markets.\n\nSource: DM Martins Research, data from company reports\n\nDoubling service revenues in five years, between 2016 and 2020, was quite a feat. Off a much higher base, Apple could be ready to do it again through 2025, at least according to one analyst. I would not doubt it, since (1) the iPhone installed base is much larger now,at over 1 billion active devices, (2) new services keep getting added to the portfolio, even if some may not have caught on yet, and (3) the Apple One bundle could serve as a nudge for increased user penetration.\nThe wearables revolution is probably still in the earlier innings. Apple joined the party when it launched the Watch in 2015 and followed through with the AirPods in late 2016. Both devices have proven successful,beyond many experts' initial projections. The \"next big thing\" is probably VR and AR technology and devices. Credible rumors that Apple might be gearing up to make a move here have already started to surface.\nApple sits on $200 billion in cash (gross of debt), and the company might not even know what to do with so much money. Investment in growth is a given, with the ambitious development of the Apple Car a likely recipient of some cash infusion. But even an increase in share buybacks and dividends could also be on the table.\n\nWhat best explains the funk\nIn addition to an old-fashioned pullback, following two very strong years of performance, I believe that there are two other key factors putting pressure on Apple shares.\nThe first is rising yields. Higher interest rates can impact a company and its stock in many different ways (higher interest expenses, disincentive to borrow, etc.), but the most relevant is probably market sentiment. Just ahead of the reopening of the US economy and others around the world to follow,it has made more sense to be exposed to cyclical stocks since the announcement of the first fully-tested COVID-19 vaccine. Also, with yields rising, soon some might start to consider fixed income a viable investment once again, to the detriment of growth stocks.\nData by YCharts\nThe last time that the 30-year yield climbed substantially over a short period of time was in 2012-2013: up from 2.4% to 4.0% in about 18 months (see graph above, divide index level by 1,000 to arrive at rate). Notice that Apple traded opposite to the yield movement in that case, dropping in value when rates increased, and vice-versa. Worth noting, the stock began to recover about six months before yields peaked.\nThe second possible explanation for weakness in Apple is tough comps in 2021, particularly in certain segments that benefited from the stay-at-home economy. The graph below shows that product categories once considered to be in their mature or declining life cycles, namely laptops and tablets, came back to life last year. It is unlikely that 2021 will be as good a period for either.\nSource: DM Martins Research, data from company reports\nAttractive below $120\nWhile short-term headwinds can continue to exist, I believe that an investor with a multi-year time horizon in mind will probably benefit from buying Apple at or below $120 per share. The graph below shows that buying the stock on a 15%-plus dip has historically produced annual returns that are 17 percentage points higher than if shares had been bought within 10% of the all-time high.\nFortunately, for aspiring Apple shareholders, the stock ended the trading session on March 19 at $119.99 – a tease for anyone awaiting an entry point below $120. While stocks undergoing a correction can behave erratically in the near term, a bullish move on Apple today seems quite reasonable to me.\nSource: DM Martins Research, data from company reports","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327673375,"gmtCreate":1616082909797,"gmtModify":1704790822092,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/327673375","repostId":"2120569165","repostType":4,"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324282614,"gmtCreate":1615995001138,"gmtModify":1704789550504,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/324282614","repostId":"1102193342","repostType":4,"repost":{"id":"1102193342","kind":"news","pubTimestamp":1615993690,"share":"https://ttm.financial/m/news/1102193342?lang=&edition=fundamental","pubTime":"2021-03-17 23:08","market":"us","language":"en","title":"Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds","url":"https://stock-news.laohu8.com/highlight/detail?id=1102193342","media":"cnbc","summary":"The investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter.Two of the funds on offer are from Galaxy Digital, the crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.The bank is only allowing its wealthier clients access to the volatile asset: The bank consider","content":"<div>\n<p>KEY POINTS\n\nThe investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 23:08 GMT+8 <a href=https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102193342","content_text":"KEY POINTS\n\nThe investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter.\nTwo of the funds on offer are from Galaxy Digital, the crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.\nThe bank is only allowing its wealthier clients access to the volatile asset: The bank considers it suitable for people with “an aggressive risk tolerance” who have at least $2 million in assets held by the firm. Investment firms need at least $5 million at the bank to qualify for the new stakes.\n\nMorgan Stanleyis the first big U.S. bank to offer its wealth management clients access tobitcoinfunds, CNBC has learned exclusively.\nThe investment bank, a giant in the wealth management with$4 trillionin client assets, told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter.\nThe move, a significant step for the acceptance ofbitcoinas an asset class, was made by Morgan Stanley after clients demanded exposure to the cryptocurrency, said the people, who declined to be identified sharing details about the bank’s internal communications. Bitcoin’s rally in the past year has put Wall Street firmsunder pressureto consider getting involved in the nascent asset class.\nBut, at least for now, the bank is only allowing its wealthier clients access to the volatile asset: The bank considers it suitable for people with “an aggressive risk tolerance” who have at least $2 million in assets held by the firm.\nSome restrictions\nInvestment firms need at least $5 million at the bank to qualify for the new stakes. In either case, the accounts have to be at least six months old.\nAnd even for those accredited U.S. investors with brokerage accounts and enough assets to qualify, Morgan Stanley is limiting bitcoin investments to as much as 2.5% of their total net worth, said the people.\nTwo of the funds on offer are fromGalaxy Digital, the crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.\nThe Galaxy Bitcoin Fund LP and FS NYDIG Select Fund have minimum investments of $25,000, while the Galaxy Institutional Bitcoin Fund LP has a $5 million minimum.\nClients can likely make investments as early as next month, after the bank’s financial advisors complete training courses tied to the new offerings, said the people.","news_type":1},"isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355332581,"gmtCreate":1617027807343,"gmtModify":1704801074627,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/355332581","repostId":"1135921653","repostType":4,"repost":{"id":"1135921653","kind":"news","pubTimestamp":1617026419,"share":"https://ttm.financial/m/news/1135921653?lang=&edition=fundamental","pubTime":"2021-03-29 22:00","market":"us","language":"en","title":"Cathie Wood’s ARK Invest is launching an ETF focused on space exploration, to begin trading Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1135921653","media":"cnbc","summary":"KEY POINTS\n\nArk Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, wi","content":"<div>\n<p>KEY POINTS\n\nArk Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: a space exploration ETF.\nARKX, the firm’s eighth ETF, comes as ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/29/ark-invests-arkx-space-exploration-etf-to-begin-trading-on-tuesday.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood’s ARK Invest is launching an ETF focused on space exploration, to begin trading Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood’s ARK Invest is launching an ETF focused on space exploration, to begin trading Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-29 22:00 GMT+8 <a href=https://www.cnbc.com/2021/03/29/ark-invests-arkx-space-exploration-etf-to-begin-trading-on-tuesday.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nArk Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: a space exploration ETF.\nARKX, the firm’s eighth ETF, comes as ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/29/ark-invests-arkx-space-exploration-etf-to-begin-trading-on-tuesday.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/411c6ea7e969aee81c7c240d3341abef","relate_stocks":{"ARKX":"ARK Space Exploration & Innovation ETF"},"source_url":"https://www.cnbc.com/2021/03/29/ark-invests-arkx-space-exploration-etf-to-begin-trading-on-tuesday.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1135921653","content_text":"KEY POINTS\n\nArk Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: a space exploration ETF.\nARKX, the firm’s eighth ETF, comes as an increasing number of private space companies prepare to go public later this year.\nWood — CIO and CEO of Ark Investment Management — has made a name for herself by investing in “disruptive innovation” stocks.\n\nArk Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest fund on Tuesday: aspace exploration ETF.\nARKX, the firm’s eighth ETF, comes as an increasing number of private space companies prepare to go public later this year. In the past six months,seven space companies have announced SPAC deals.\nWood — chief investment officer and CEO of Ark Investment Management — has made a name for herself by investing in \"disruptive innovation\" stocks. Wood's flagship fund, Ark Innovation, has seen more than $16 billion in inflows in the past year, according to FactSet.\nWood has big bets on names like Tesla, Teladoc and Roku.\nWood has garnered a large following after Ark Innovation returned nearly 150% last year. However, her flagship fund, Ark Innovation, is down nearly 9% this year. Amid the recent rotation out of technology names and into value stocks from the pressure of rising interest rates,Wood has stayed the course. Ark often buys the dip in any of its top holdings, which are all high conviction names.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376190773,"gmtCreate":1619095682692,"gmtModify":1704719547697,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogo ","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogo ","text":"$Apple(AAPL)$Gogo","images":[{"img":"https://static.tigerbbs.com/bfaabe96b72465c563e6559ca31462d6","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/376190773","isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":341164003,"gmtCreate":1617794828402,"gmtModify":1704703211733,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341164003","repostId":"2125741383","repostType":4,"repost":{"id":"2125741383","kind":"highlight","pubTimestamp":1617793200,"share":"https://ttm.financial/m/news/2125741383?lang=&edition=fundamental","pubTime":"2021-04-07 19:00","market":"us","language":"en","title":"2 Top Growth Stocks That Could Be Better Than Bitcoin in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2125741383","media":"Manali Bhade","summary":"A 5G smartphone manufacturer and cannabis pick-and-shovel player might be better picks than Bitcoin over the long term.","content":"<p><b>Bitcoin</b> (CRYPTO:BTC) has been on fire in the past year, rising from around $6,700 in early April 2020 to just shy of $60,000 today. While this jump is nothing short of phenomenal, this investment also comes with high volatility. Bitcoin is not backed by any stable asset. The regulatory and taxation frameworks for cryptocurrencies, including Bitcoin, are also in their nascent stage. In short, Bitcoin might not suit every investor -- and that's okay.</p><p>Luckily, investors who are wary of the risks can instead find high returns by investing in two top-notch growth stocks riding long-term secular trends -- <b>Apple </b>(NASDAQ:AAPL) and <b>Scotts Miracle-Gro </b>(NYSE:SMG) -- without exposing their portfolios to excessive volatility.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F620571%2Fbetter-than-bitcoin.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image Source: Getty Images</p><h2><b>1. Apple</b></h2><p>Apple's first-quarter results (quarter ended Dec. 26, 2020) were stellar. The largest public company in the U.S. reached an all-time high in quarterly revenue of $111.4 billion, driven by the dramatic demand for the 5G-enabled iPhone 12 lineup. iPhone 12 became the top-ranking 5G smartphone in the world within two weeks of its launch. This tailwind is far from over, and the smartphone upgrade supercycle will now be a multi-year growth story for Apple.</p><p>Wedbush analysts' channel checks have revealed that Apple has not reduced its iPhone production rate despite the company historically reducing manufacturing based on seasonality in the second and third quarter of the fiscal year. Instead, they expect the iPhone production rate to be in the range of 56 million to 62 million in the second quarter, and around 45 million in the third quarter.</p><p>In the first quarter, Apple shipped more than 90 million phones and recorded iPhone sales of $66 billion. Wall Street is now expecting Apple to ship 220 million iPhone units in fiscal 2021. Wedbush analysts estimate this number to be even higher, close to 250 million units for fiscal 2021. Apple is expected to dominate the 5G smartphone landscape with a market share of 35% at the end of 2021. .</p><p>There is also a high possibility of the iPhone 13 launch in October 2021. Apple is expected to build an initial supply chain order of 100 million units for the iPhone 13, even more than the initial 80 million build order for the iPhone 12. Apple expects the 5G-driven device replacement trend to pick up even more strength in fiscal 2021.</p><p>A major differentiator between Apple and most other smartphone manufacturers is its relative resilience to chip shortages. The company's self-designed M1 chips are manufactured by <b>Taiwan Semiconductor Manufacturing</b>. While Apple is able to make the most of the 5G-smartphone demand, the second-biggest smartphone player and leading chip manufacturer, <b>Samsung</b>, may need to delay even the new Galaxy Note refresh to 2022.</p><p>Apple CEO Tim Cook has also succeeded in nurturing a deeply loyal customer base with the Apple ecosystem of products and services. This has allowed for multiple cross-selling opportunities as well as pricing power.</p><p>Apple has a rock-solid balance sheet, with cash of $196 billion significantly exceeding total debt of $112 billion at the end of December 2020. The company has sufficient funds to not only face any rough times but also to continue investing in organic and inorganic growth initiatives. The company also returned $30 billion dollars to shareholders through dividends and share buybacks in the first quarter. With trailing year operating cash flows of $89 billion and a solid balance sheet, the company can continue to return value to shareholders in 2021.</p><p>Despite the many solid tailwinds and an envious financial standing, Apple is trading around just seven times sales. With a loyal customer base, solid brand power, and impressive pricing power, this reasonably priced tech stock can continue to be a solid 5G and tech play for many more years to come.</p><h2><b>2. Scotts Miracle-Gro</b></h2><p>Scotts Miracle-Gro is a pick-and-shovel play in the cannabis sector. While the company's main business involves manufacturing and selling gardening and lawn care products, Scotts-Miracle Gro also sells hydroponics systems (which allow growers to cultivate plants without soil) through its subsidiary, Hawthorne, to licensed cannabis producers. Hawthorne houses 45 brands catering to various aspects of hydroponics such as lighting, growing media, growing environment, nutrients, and hardware.</p><p>Legal cannabis sales in the U.S. skyrocketed by 46% year over year to $17.5 billion in calendar year 2020. Much of this growth came from sales of recreational cannabis, which is currently permitted in 16 states plus the District of Columbia. Medical cannabis use is now legal in 36 states. With more states gearing up to legalize recreational cannabis and people consuming more cannabis than ever, the demand for cannabis cultivation has shot through the roof. In a bid to improve margins, licensed cannabis producers are now increasingly using hydroponics systems for indoor cultivation instead of the more real-estate-intensive outdoor cultivation method. Scotts Miracle-Gro's CEO Jim Hagedorn identified the potential of this multi-year tailwind far back in 2016.</p><p>Scotts Miracle-Gro delivered solid results in the first quarter of fiscal 2021 (ended Jan. 2). The company's revenue soared by 100% to $748.6 million, while the company scored its first-ever profitable quarter with net income of $22.2 million. Hawthorne's revenue grew 71% year over year to $309.4 million, while the U.S. Consumer segment (core consumer lawn and gardening business) rose by 147% to $408.8 million. The pandemic has proven to be a net positive for the company, as more people quarantined at home took up gardening as a hobby.</p><p>To ensure that these projects are not abandoned in the post-pandemic period, Scotts Miracle-Gro has been engaging with targeted customer demographics digitally. The company is also leveraging analytical capabilities to time its promotional messages for maximum impact.</p><p>Scotts Miracle-Gro offers an attractive combination of a stable, mature gardening business and a high-growth cannabis supplies business. The company also pays a dividend yield of about 1%. This stock is <a href=\"https://laohu8.com/S/AONE\">one</a> of the least volatile plays in the cannabis sector and can continue to soar higher in the coming years.</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>2 Top Growth Stocks That Could Be Better Than Bitcoin 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\">\n2 Top Growth Stocks That Could Be Better Than Bitcoin in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-07 19:00 GMT+8 <a href=https://www.fool.com/investing/2021/04/07/2-top-growth-stocks-that-could-be-better-than-bitc/><strong>Manali Bhade</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin (CRYPTO:BTC) has been on fire in the past year, rising from around $6,700 in early April 2020 to just shy of $60,000 today. While this jump is nothing short of phenomenal, this investment also...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/07/2-top-growth-stocks-that-could-be-better-than-bitc/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","AAPL":"苹果","09086":"华夏纳指-U"},"source_url":"https://www.fool.com/investing/2021/04/07/2-top-growth-stocks-that-could-be-better-than-bitc/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125741383","content_text":"Bitcoin (CRYPTO:BTC) has been on fire in the past year, rising from around $6,700 in early April 2020 to just shy of $60,000 today. While this jump is nothing short of phenomenal, this investment also comes with high volatility. Bitcoin is not backed by any stable asset. The regulatory and taxation frameworks for cryptocurrencies, including Bitcoin, are also in their nascent stage. In short, Bitcoin might not suit every investor -- and that's okay.Luckily, investors who are wary of the risks can instead find high returns by investing in two top-notch growth stocks riding long-term secular trends -- Apple (NASDAQ:AAPL) and Scotts Miracle-Gro (NYSE:SMG) -- without exposing their portfolios to excessive volatility.Image Source: Getty Images1. AppleApple's first-quarter results (quarter ended Dec. 26, 2020) were stellar. The largest public company in the U.S. reached an all-time high in quarterly revenue of $111.4 billion, driven by the dramatic demand for the 5G-enabled iPhone 12 lineup. iPhone 12 became the top-ranking 5G smartphone in the world within two weeks of its launch. This tailwind is far from over, and the smartphone upgrade supercycle will now be a multi-year growth story for Apple.Wedbush analysts' channel checks have revealed that Apple has not reduced its iPhone production rate despite the company historically reducing manufacturing based on seasonality in the second and third quarter of the fiscal year. Instead, they expect the iPhone production rate to be in the range of 56 million to 62 million in the second quarter, and around 45 million in the third quarter.In the first quarter, Apple shipped more than 90 million phones and recorded iPhone sales of $66 billion. Wall Street is now expecting Apple to ship 220 million iPhone units in fiscal 2021. Wedbush analysts estimate this number to be even higher, close to 250 million units for fiscal 2021. Apple is expected to dominate the 5G smartphone landscape with a market share of 35% at the end of 2021. .There is also a high possibility of the iPhone 13 launch in October 2021. Apple is expected to build an initial supply chain order of 100 million units for the iPhone 13, even more than the initial 80 million build order for the iPhone 12. Apple expects the 5G-driven device replacement trend to pick up even more strength in fiscal 2021.A major differentiator between Apple and most other smartphone manufacturers is its relative resilience to chip shortages. The company's self-designed M1 chips are manufactured by Taiwan Semiconductor Manufacturing. While Apple is able to make the most of the 5G-smartphone demand, the second-biggest smartphone player and leading chip manufacturer, Samsung, may need to delay even the new Galaxy Note refresh to 2022.Apple CEO Tim Cook has also succeeded in nurturing a deeply loyal customer base with the Apple ecosystem of products and services. This has allowed for multiple cross-selling opportunities as well as pricing power.Apple has a rock-solid balance sheet, with cash of $196 billion significantly exceeding total debt of $112 billion at the end of December 2020. The company has sufficient funds to not only face any rough times but also to continue investing in organic and inorganic growth initiatives. The company also returned $30 billion dollars to shareholders through dividends and share buybacks in the first quarter. With trailing year operating cash flows of $89 billion and a solid balance sheet, the company can continue to return value to shareholders in 2021.Despite the many solid tailwinds and an envious financial standing, Apple is trading around just seven times sales. With a loyal customer base, solid brand power, and impressive pricing power, this reasonably priced tech stock can continue to be a solid 5G and tech play for many more years to come.2. Scotts Miracle-GroScotts Miracle-Gro is a pick-and-shovel play in the cannabis sector. While the company's main business involves manufacturing and selling gardening and lawn care products, Scotts-Miracle Gro also sells hydroponics systems (which allow growers to cultivate plants without soil) through its subsidiary, Hawthorne, to licensed cannabis producers. Hawthorne houses 45 brands catering to various aspects of hydroponics such as lighting, growing media, growing environment, nutrients, and hardware.Legal cannabis sales in the U.S. skyrocketed by 46% year over year to $17.5 billion in calendar year 2020. Much of this growth came from sales of recreational cannabis, which is currently permitted in 16 states plus the District of Columbia. Medical cannabis use is now legal in 36 states. With more states gearing up to legalize recreational cannabis and people consuming more cannabis than ever, the demand for cannabis cultivation has shot through the roof. In a bid to improve margins, licensed cannabis producers are now increasingly using hydroponics systems for indoor cultivation instead of the more real-estate-intensive outdoor cultivation method. Scotts Miracle-Gro's CEO Jim Hagedorn identified the potential of this multi-year tailwind far back in 2016.Scotts Miracle-Gro delivered solid results in the first quarter of fiscal 2021 (ended Jan. 2). The company's revenue soared by 100% to $748.6 million, while the company scored its first-ever profitable quarter with net income of $22.2 million. Hawthorne's revenue grew 71% year over year to $309.4 million, while the U.S. Consumer segment (core consumer lawn and gardening business) rose by 147% to $408.8 million. The pandemic has proven to be a net positive for the company, as more people quarantined at home took up gardening as a hobby.To ensure that these projects are not abandoned in the post-pandemic period, Scotts Miracle-Gro has been engaging with targeted customer demographics digitally. The company is also leveraging analytical capabilities to time its promotional messages for maximum impact.Scotts Miracle-Gro offers an attractive combination of a stable, mature gardening business and a high-growth cannabis supplies business. The company also pays a dividend yield of about 1%. This stock is one of the least volatile plays in the cannabis sector and can continue to soar higher in the coming years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349566215,"gmtCreate":1617626797737,"gmtModify":1704701023079,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349566215","repostId":"1168896860","repostType":4,"repost":{"id":"1168896860","kind":"news","pubTimestamp":1617616657,"share":"https://ttm.financial/m/news/1168896860?lang=&edition=fundamental","pubTime":"2021-04-05 17:57","market":"us","language":"en","title":"Stocks That Could Gain the Most From Biden’s Infrastructure Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1168896860","media":"Barrons","summary":"Wall Street is getting downright giddy about infrastructure.\nPresident Joe Biden’s proposal to spend","content":"<p>Wall Street is getting downright giddy about infrastructure.</p>\n<p>President Joe Biden’s proposal to spend $2.25 trillion could unleash a “supercycle” of spending last seen in the 1950s, according to Morgan Stanley. With Democrats in control in Washington, the infrastructure floodgates could finally open.</p>\n<p>At 10% of current gross domestic product, doled out over eight years, the plan reads like a Rooseveltian blueprint for economic and social engineering. More than $600 billion would go to conventional projects like roads, bridges, and public transit. There is $374 billion for tech, according to Goldman Sachs, including rural broadband, modernizing the electric grid, clean-energy storage, and electric vehicles.</p>\n<p>U.S. manufacturing and research and development would receive subsidies and incentives worth $480 billion. And $500 billion would go for the caregiving economy and workforce development.</p>\n<p>Packages like this bring out the knives in Congress. Opposition is already building over the cost and funding mechanism, including anincrease in the corporate tax rate to 28%. Without Republican support in the Senate, where Democrats can’t afford a single defection, a bill would need to pass under complex budget reconciliation rules and wouldn’t be ready for a vote until the summer.</p>\n<p>All of this assumes that financial markets cooperate. Ultralow interest rates are keeping a lid on the Treasury’s funding costs. But Treasury yields have been rising as traders price in higher inflation and widening deficits due to all of the fiscal stimulus that has already been injected—$5 trillion and counting. TheBiden plan won’t pay for itself for 15 years, assuming its tax increases hold up. Higher deficits imply more Treasury issuance at potentially higher yields, raising the bill on taxpayers.</p>\n<p>Another caveat is that infrastructure spending is like an intravenous drip that trickles through the economy’s veins for years. There aren’t enough “shovel-ready” projects to soak up anything close to $2 trillion. Indeed, infrastructure may be the messiest form of stimulus: It is distributed unevenly to states and localities, held up by zoning and contracting issues, and overseen by a patchwork of federal and state environmental rules. The economy may benefit long term from stronger growth and productivity gains, but it won’t happen right away.</p>\n<p>Nonetheless, some economists view it as a long-term winner—addressing years of underinvestment in the country’s foundations. It could pick up the slack after more-immediate stimulus measures run dry.</p>\n<p>“It’s an important step to addressing a structural challenge—generating sufficient demand to keep the economy at full employment,” says David Wilcox, a senior fellow at the Peterson Institute for International Economics. “I’m not alarmed by the price tag,” he adds, noting that a 10-year Treasury yield of 1.7% is still historically low.</p>\n<p>The markets are betting that infrastructure will be a winner, too. Many stocks have run up, but further gains may arise if the market sees a bill inching toward passage.</p>\n<p>Industrials are already outperforming, thanks to a cyclical recovery, and would be a direct beneficiary of an infrastructure bill, according to BofA Securities. “Don’t buy the spenders, buy the companies that get the money,” BofA says, referring to capital expenditure. “Regardless of stimulus, capex beneficiaries should outperform consumption beneficiaries.”</p>\n<p>TheInvesco DWA Industrials Momentumexchange-traded fund (ticker: PRN) has topped the sector’s performance charts, using technical factors to weight and adjust holdings. TheIndustrial Select Sector SPDRfund (XLI), tracking the S&P 500 industrials, offers more exposure to large-caps in the sector.</p>\n<p>Engineering and construction companies have had strong runs, but their stocks don’t look overpriced on 2022 estimates.MasTec(MTZ), for instance, goes for 18 times earnings, slightly below theS&P 500,at 20 times. It’s one of Citigroup’s infrastructure picks, along withAecom(ACM),Jacobs EngineeringGroup (J), andQuanta Services(PWR). All look “well positioned for growing investments in infrastructure andclimate-change mitigationefforts,” Citi says.</p>\n<p>Aggregates and construction materials supplier Vulcan Materials(VMC) would be a beneficiary of spending on roads and bridges. Other winners includeAstec Industries(ASTE) andConstruction Partners(ROAD), according to Ben Phillips, a government-policy expert and chief investment strategist at Savoie Capital. He also likes Evoqua Water Technologies(AQUA) and Great Lakes Dredge & Dock(GLDD). Water stocks still look relatively cheap, he says, and would benefit from clean-water initiatives, including Biden’s plans to replace all lead pipes.</p>\n<p>Prices are steep in clean tech since the markets started betting on a Green New Deal last summer. Still, if this is the start of a multiyear cycle, the sector could outperform long term.</p>\n<p>First Trust Nasdaq Clean Edge Green Energy Indexfund (QCLN) holds around 50 stocks in the space. Clean-tech winners, according to Morgan Stanley, include TPI Composites(TPIC),Sunrun(RUN), and SolarEdge Technologies (SEDG). TPI makes wind turbine blades and is expanding into ultralight bodies and components for electric buses and trucks. Morgan Stanley calls Sunrun a “best in class” solar installer and says SolarEdge has “cutting edge” technology with an expanding market in energy storage and EVs. Both trade at steep market premiums.</p>\n<p>For income investors, three ways to play the green theme areNextEra Energy(NEE), Atlantica Sustainable Infrastructure (AY), and Clearway Energy (CWEN). NextEra is one of the largest renewable-power companies in the U.S. and a utility operator in Florida, yielding 2%. Atlantica and Clearway each own portfolios of assets such as wind and solar farms, yielding 4.4% and 4.0%, respectively.</p>\n<p>“They both have tailwinds and predictable cash flows,” says Josh Duitz, an infrastructure portfolio manager with Aberdeen Standard Investments. That could be a winning ticket if cooler heads prevail in the sizzling green-energy sector.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title> Stocks That Could Gain the Most From Biden’s Infrastructure Plan</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\">\n Stocks That Could Gain the Most From Biden’s Infrastructure Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 17:57 GMT+8 <a href=https://www.barrons.com/articles/biden-wants-to-spend-2-trillion-on-infrastructure-these-stocks-stand-to-gain-the-most-51617402161?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street is getting downright giddy about infrastructure.\nPresident Joe Biden’s proposal to spend $2.25 trillion could unleash a “supercycle” of spending last seen in the 1950s, according to Morgan...</p>\n\n<a href=\"https://www.barrons.com/articles/biden-wants-to-spend-2-trillion-on-infrastructure-these-stocks-stand-to-gain-the-most-51617402161?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCLN":"First Trust NASDAQ Clean Edge Green Energy Index Fund",".DJI":"道琼斯","VMC":"火神材料","SEDG":"SolarEdge Technologies, Inc.",".IXIC":"NASDAQ Composite","TPIC":"TPI Composites, Inc.","GLDD":"大湖疏浚船坞","RUN":"Sunrun Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/biden-wants-to-spend-2-trillion-on-infrastructure-these-stocks-stand-to-gain-the-most-51617402161?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168896860","content_text":"Wall Street is getting downright giddy about infrastructure.\nPresident Joe Biden’s proposal to spend $2.25 trillion could unleash a “supercycle” of spending last seen in the 1950s, according to Morgan Stanley. With Democrats in control in Washington, the infrastructure floodgates could finally open.\nAt 10% of current gross domestic product, doled out over eight years, the plan reads like a Rooseveltian blueprint for economic and social engineering. More than $600 billion would go to conventional projects like roads, bridges, and public transit. There is $374 billion for tech, according to Goldman Sachs, including rural broadband, modernizing the electric grid, clean-energy storage, and electric vehicles.\nU.S. manufacturing and research and development would receive subsidies and incentives worth $480 billion. And $500 billion would go for the caregiving economy and workforce development.\nPackages like this bring out the knives in Congress. Opposition is already building over the cost and funding mechanism, including anincrease in the corporate tax rate to 28%. Without Republican support in the Senate, where Democrats can’t afford a single defection, a bill would need to pass under complex budget reconciliation rules and wouldn’t be ready for a vote until the summer.\nAll of this assumes that financial markets cooperate. Ultralow interest rates are keeping a lid on the Treasury’s funding costs. But Treasury yields have been rising as traders price in higher inflation and widening deficits due to all of the fiscal stimulus that has already been injected—$5 trillion and counting. TheBiden plan won’t pay for itself for 15 years, assuming its tax increases hold up. Higher deficits imply more Treasury issuance at potentially higher yields, raising the bill on taxpayers.\nAnother caveat is that infrastructure spending is like an intravenous drip that trickles through the economy’s veins for years. There aren’t enough “shovel-ready” projects to soak up anything close to $2 trillion. Indeed, infrastructure may be the messiest form of stimulus: It is distributed unevenly to states and localities, held up by zoning and contracting issues, and overseen by a patchwork of federal and state environmental rules. The economy may benefit long term from stronger growth and productivity gains, but it won’t happen right away.\nNonetheless, some economists view it as a long-term winner—addressing years of underinvestment in the country’s foundations. It could pick up the slack after more-immediate stimulus measures run dry.\n“It’s an important step to addressing a structural challenge—generating sufficient demand to keep the economy at full employment,” says David Wilcox, a senior fellow at the Peterson Institute for International Economics. “I’m not alarmed by the price tag,” he adds, noting that a 10-year Treasury yield of 1.7% is still historically low.\nThe markets are betting that infrastructure will be a winner, too. Many stocks have run up, but further gains may arise if the market sees a bill inching toward passage.\nIndustrials are already outperforming, thanks to a cyclical recovery, and would be a direct beneficiary of an infrastructure bill, according to BofA Securities. “Don’t buy the spenders, buy the companies that get the money,” BofA says, referring to capital expenditure. “Regardless of stimulus, capex beneficiaries should outperform consumption beneficiaries.”\nTheInvesco DWA Industrials Momentumexchange-traded fund (ticker: PRN) has topped the sector’s performance charts, using technical factors to weight and adjust holdings. TheIndustrial Select Sector SPDRfund (XLI), tracking the S&P 500 industrials, offers more exposure to large-caps in the sector.\nEngineering and construction companies have had strong runs, but their stocks don’t look overpriced on 2022 estimates.MasTec(MTZ), for instance, goes for 18 times earnings, slightly below theS&P 500,at 20 times. It’s one of Citigroup’s infrastructure picks, along withAecom(ACM),Jacobs EngineeringGroup (J), andQuanta Services(PWR). All look “well positioned for growing investments in infrastructure andclimate-change mitigationefforts,” Citi says.\nAggregates and construction materials supplier Vulcan Materials(VMC) would be a beneficiary of spending on roads and bridges. Other winners includeAstec Industries(ASTE) andConstruction Partners(ROAD), according to Ben Phillips, a government-policy expert and chief investment strategist at Savoie Capital. He also likes Evoqua Water Technologies(AQUA) and Great Lakes Dredge & Dock(GLDD). Water stocks still look relatively cheap, he says, and would benefit from clean-water initiatives, including Biden’s plans to replace all lead pipes.\nPrices are steep in clean tech since the markets started betting on a Green New Deal last summer. Still, if this is the start of a multiyear cycle, the sector could outperform long term.\nFirst Trust Nasdaq Clean Edge Green Energy Indexfund (QCLN) holds around 50 stocks in the space. Clean-tech winners, according to Morgan Stanley, include TPI Composites(TPIC),Sunrun(RUN), and SolarEdge Technologies (SEDG). TPI makes wind turbine blades and is expanding into ultralight bodies and components for electric buses and trucks. Morgan Stanley calls Sunrun a “best in class” solar installer and says SolarEdge has “cutting edge” technology with an expanding market in energy storage and EVs. Both trade at steep market premiums.\nFor income investors, three ways to play the green theme areNextEra Energy(NEE), Atlantica Sustainable Infrastructure (AY), and Clearway Energy (CWEN). NextEra is one of the largest renewable-power companies in the U.S. and a utility operator in Florida, yielding 2%. Atlantica and Clearway each own portfolios of assets such as wind and solar farms, yielding 4.4% and 4.0%, respectively.\n“They both have tailwinds and predictable cash flows,” says Josh Duitz, an infrastructure portfolio manager with Aberdeen Standard Investments. That could be a winning ticket if cooler heads prevail in the sizzling green-energy sector.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570656625926041","authorId":"3570656625926041","name":"Alfred1007","avatar":"https://static.tigerbbs.com/81d8406380cbc0525927f00a9510f2fa","crmLevel":2,"crmLevelSwitch":0,"idStr":"3570656625926041","authorIdStr":"3570656625926041"},"content":"right now investors already price in the stock price, if anything goes wrong then we will see correction","text":"right now investors already price in the stock price, if anything goes wrong then we will see correction","html":"right now investors already price in the stock price, if anything goes wrong then we will see correction"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351661110,"gmtCreate":1616593926730,"gmtModify":1704796132864,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/351661110","repostId":"1120813192","repostType":4,"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160760857,"gmtCreate":1623806782479,"gmtModify":1703819989238,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160760857","repostId":"1144333499","repostType":4,"repost":{"id":"1144333499","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623806562,"share":"https://ttm.financial/m/news/1144333499?lang=&edition=fundamental","pubTime":"2021-06-16 09:22","market":"us","language":"en","title":"Angelalign Technology spikes 131% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1144333499","media":"Tiger Newspress","summary":"Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong de","content":"<p>Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.<img src=\"https://static.tigerbbs.com/18ea5712cc84ecd364dd1a11f6cfce82\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.</p>\n<p>Angelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.</p>\n<p>Mom-and-pop buyers put in orders for 2,079 times the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.</p>\n<p>Hong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.</p>\n<p>Just eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.</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>Angelalign Technology spikes 131% on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nAngelalign Technology spikes 131% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-16 09:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.<img src=\"https://static.tigerbbs.com/18ea5712cc84ecd364dd1a11f6cfce82\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\">Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.</p>\n<p>Angelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.</p>\n<p>Mom-and-pop buyers put in orders for 2,079 times the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.</p>\n<p>Hong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.</p>\n<p>Just eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06699":"时代天使"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144333499","content_text":"Chinese maker of clear orthodontic braces Angelalign Technology Inc. surged 131% on its Hong Kong debut on Wednesday after an initial public offering that was one of this year’s most popular in the city.Angelalign shares opened at HK$400, compared with their offering price of HK$173, which was already at the top of a marketed range. It’s set to be one of the best debuts in Hong Kong in months for IPOs raising over $100 million, since New Horizon Health Ltd.’s 215% rise in February, data compiled by Bloomberg show.\nAngelalign’s IPO attracted high levels of demand from both retail and institutional investors, signaling that appetite for share sales is ticking up again after a spate of mediocre debuts.\nMom-and-pop buyers put in orders for 2,079 times the shares initially made available to them -- the second-highest subscription rate for an IPO in Hong Kong this year, data compiled by Bloomberg show. Angelalign was also the Asian financial hub’s most popular first share sale among funds this year, drawing orders for 114.7 times the shareson offer.\nHong Kong’s IPO market has had a strong start to the year, as rallying stocks, ample liquidity and ultra-low interest rates fueled demand for new share offerings. That frenzy has since abated as investors have become more selective amid concerns about accelerating inflation and more volatile markets.\nJust eight companies have begun trading in the city this quarter, on track for the fewest since the second quarter of 2009, data compiled by Bloomberg show. However activity is starting to tick up again, with at least six companies currently gauging investor demand for their listings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345251274,"gmtCreate":1618320989198,"gmtModify":1704709092644,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/QLYS\">$Qualys(QLYS)$</a>Upupup ","listText":"<a href=\"https://laohu8.com/S/QLYS\">$Qualys(QLYS)$</a>Upupup ","text":"$Qualys(QLYS)$Upupup","images":[{"img":"https://static.tigerbbs.com/6cc92d44e35b04cfe2d57530bb110e61","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345251274","isVote":1,"tweetType":1,"viewCount":535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345251930,"gmtCreate":1618320966820,"gmtModify":1704709091832,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogogo","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Gogogo","text":"$Apple(AAPL)$Gogogo","images":[{"img":"https://static.tigerbbs.com/51f0a6fcc979c4b9455844157a49c478","width":"828","height":"1590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345251930","isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345664874,"gmtCreate":1618310507198,"gmtModify":1704708933006,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345664874","repostId":"1180210668","repostType":4,"repost":{"id":"1180210668","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1618306464,"share":"https://ttm.financial/m/news/1180210668?lang=&edition=fundamental","pubTime":"2021-04-13 17:34","market":"us","language":"en","title":"Apple's Adoption Of LTPO Display In iPhone 13 Will Make It Dominant Tech In Coming Years, Says Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1180210668","media":"Benzinga","summary":"Apple Inc.’sAAPLadoption of low-temperature polycrystalline oxide or LTPO display technology in the ","content":"<p><b>Apple Inc.’s</b>AAPLadoption of low-temperature polycrystalline oxide or LTPO display technology in the upcoming iPhone 13 model will make it the dominant technology over the next two years, according to display analyst Ross Young.</p>\n<p><b>What Happened:</b>Young, an analyst with Display Supply Chain Consultants (DSCC),saidon Twitter that DSCC now projects LTPO display technology to overtake LTPOS AMOLED smartphones by the end of 2023 in terms of the percentage share of the U.S. market, with a big uptake from Apple over that period.</p>\n<p>In addition, DSCC on Mondayreleasedits Quarterly Advanced Smartphone Features Report that tracks and forecasts major product trends in the AMOLED smartphone market as well as provides supply chain insights for panels and chipsets.</p>\n<p>DSCC expects LTPO smartphones to reach a 14% unit share and 25% smartphone revenue share by the fourth quarter of 2021, fueled by Apple launching LTPO on its 12s Pro as well as 12s Pro Max, and other flagship phones also increasingly adopting LTPO.</p>\n<p><b>Why It Matters:</b>It wasreportedin March that the higher-end iPhone 13 devices will feature LPTO displays, according to The Elec that cited a UBI Research note.</p>\n<p><b>Samsung Electronics Co. Ltd.</b>OTCSSNLFplans to reportedly convert its OLED display manufacturing line dedicated to its largest customer Apple into one that makes LTPO thin-film transistor OLED displays within the first half of this year. Samsung uses the same technology on its Galaxy Note 20 devices, while Apple uses this technology in the Apple Watch.</p>\n<p>The introduction of the new LPTO displays will enable higher refresh rates and lower power consumption on the iPhone 13 devices. It will also support variable screen refresh rates of up to 120Hz, similar to the ProMotion display on the iPad Pro.</p>\n<p><b>Price Action</b>: Apple shares closed 1.3% lower on Monday at $131.24.</p>\n<p><img src=\"https://static.tigerbbs.com/269ca2a71ab74950eb7e34ff3e41d8f6\" tg-width=\"707\" tg-height=\"157\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple's Adoption Of LTPO Display In iPhone 13 Will Make It Dominant Tech In Coming Years, Says Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple's Adoption Of LTPO Display In iPhone 13 Will Make It Dominant Tech In Coming Years, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-13 17:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Apple Inc.’s</b>AAPLadoption of low-temperature polycrystalline oxide or LTPO display technology in the upcoming iPhone 13 model will make it the dominant technology over the next two years, according to display analyst Ross Young.</p>\n<p><b>What Happened:</b>Young, an analyst with Display Supply Chain Consultants (DSCC),saidon Twitter that DSCC now projects LTPO display technology to overtake LTPOS AMOLED smartphones by the end of 2023 in terms of the percentage share of the U.S. market, with a big uptake from Apple over that period.</p>\n<p>In addition, DSCC on Mondayreleasedits Quarterly Advanced Smartphone Features Report that tracks and forecasts major product trends in the AMOLED smartphone market as well as provides supply chain insights for panels and chipsets.</p>\n<p>DSCC expects LTPO smartphones to reach a 14% unit share and 25% smartphone revenue share by the fourth quarter of 2021, fueled by Apple launching LTPO on its 12s Pro as well as 12s Pro Max, and other flagship phones also increasingly adopting LTPO.</p>\n<p><b>Why It Matters:</b>It wasreportedin March that the higher-end iPhone 13 devices will feature LPTO displays, according to The Elec that cited a UBI Research note.</p>\n<p><b>Samsung Electronics Co. Ltd.</b>OTCSSNLFplans to reportedly convert its OLED display manufacturing line dedicated to its largest customer Apple into one that makes LTPO thin-film transistor OLED displays within the first half of this year. Samsung uses the same technology on its Galaxy Note 20 devices, while Apple uses this technology in the Apple Watch.</p>\n<p>The introduction of the new LPTO displays will enable higher refresh rates and lower power consumption on the iPhone 13 devices. It will also support variable screen refresh rates of up to 120Hz, similar to the ProMotion display on the iPad Pro.</p>\n<p><b>Price Action</b>: Apple shares closed 1.3% lower on Monday at $131.24.</p>\n<p><img src=\"https://static.tigerbbs.com/269ca2a71ab74950eb7e34ff3e41d8f6\" tg-width=\"707\" tg-height=\"157\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180210668","content_text":"Apple Inc.’sAAPLadoption of low-temperature polycrystalline oxide or LTPO display technology in the upcoming iPhone 13 model will make it the dominant technology over the next two years, according to display analyst Ross Young.\nWhat Happened:Young, an analyst with Display Supply Chain Consultants (DSCC),saidon Twitter that DSCC now projects LTPO display technology to overtake LTPOS AMOLED smartphones by the end of 2023 in terms of the percentage share of the U.S. market, with a big uptake from Apple over that period.\nIn addition, DSCC on Mondayreleasedits Quarterly Advanced Smartphone Features Report that tracks and forecasts major product trends in the AMOLED smartphone market as well as provides supply chain insights for panels and chipsets.\nDSCC expects LTPO smartphones to reach a 14% unit share and 25% smartphone revenue share by the fourth quarter of 2021, fueled by Apple launching LTPO on its 12s Pro as well as 12s Pro Max, and other flagship phones also increasingly adopting LTPO.\nWhy It Matters:It wasreportedin March that the higher-end iPhone 13 devices will feature LPTO displays, according to The Elec that cited a UBI Research note.\nSamsung Electronics Co. Ltd.OTCSSNLFplans to reportedly convert its OLED display manufacturing line dedicated to its largest customer Apple into one that makes LTPO thin-film transistor OLED displays within the first half of this year. Samsung uses the same technology on its Galaxy Note 20 devices, while Apple uses this technology in the Apple Watch.\nThe introduction of the new LPTO displays will enable higher refresh rates and lower power consumption on the iPhone 13 devices. It will also support variable screen refresh rates of up to 120Hz, similar to the ProMotion display on the iPad Pro.\nPrice Action: Apple shares closed 1.3% lower on Monday at $131.24.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356104108,"gmtCreate":1616761874204,"gmtModify":1704798510431,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/356104108","repostId":"2122420974","repostType":4,"repost":{"id":"2122420974","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1616759314,"share":"https://ttm.financial/m/news/2122420974?lang=&edition=fundamental","pubTime":"2021-03-26 19:48","market":"us","language":"en","title":"5 Stocks To Watch For March 26, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2122420974","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li><b>Progress Software Corp </b> (NASDAQ:PRGS) reported better-than-expected results for its first quarter and raised its FY21 guidance. Progress Software shares climbed 2.6% to $42.90 in the after-hours trading session.</li>\n <li><b>Pfizer Inc. </b> (NYSE:PFE) and <b>Eli Lilly and Company</b> (NYSE:LLY) disclosed that an expert panel of the U.S. Food and Drug Administration has rejected their application for their experimental drug for the treatment of osteoarthritis pain, citing safety risks and an inadequate plan to manage them. Pfizer also reported that it has started clinical trials of its COVID-19 vaccine with children. Pfizer shares slipped 0.1% to $35.66 in after-hours trading, while Eli Lilly shares fell 0.1% to $183.00 in the after-hours trading session.</li>\n</ul>\n<ul>\n <li><b>Co-Diagnostics Inc</b> (NASDAQ:CODX) reported downbeat earnings for its fourth quarter on Thursday. Co-Diagnostics shares dropped 7.1% to $11.26 in the after-hours trading session.</li>\n <li><b>Gan Ltd</b> (NASDAQ:GAN) reported weaker-than-expected results for its fourth quarter, but issued strong sales forecast. Gan shares declined 9% to $21.04 in after-hours trading.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Stocks To Watch For March 26, 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks To Watch For March 26, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-26 19:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li><b>Progress Software Corp </b> (NASDAQ:PRGS) reported better-than-expected results for its first quarter and raised its FY21 guidance. Progress Software shares climbed 2.6% to $42.90 in the after-hours trading session.</li>\n <li><b>Pfizer Inc. </b> (NYSE:PFE) and <b>Eli Lilly and Company</b> (NYSE:LLY) disclosed that an expert panel of the U.S. Food and Drug Administration has rejected their application for their experimental drug for the treatment of osteoarthritis pain, citing safety risks and an inadequate plan to manage them. Pfizer also reported that it has started clinical trials of its COVID-19 vaccine with children. Pfizer shares slipped 0.1% to $35.66 in after-hours trading, while Eli Lilly shares fell 0.1% to $183.00 in the after-hours trading session.</li>\n</ul>\n<ul>\n <li><b>Co-Diagnostics Inc</b> (NASDAQ:CODX) reported downbeat earnings for its fourth quarter on Thursday. Co-Diagnostics shares dropped 7.1% to $11.26 in the after-hours trading session.</li>\n <li><b>Gan Ltd</b> (NASDAQ:GAN) reported weaker-than-expected results for its fourth quarter, but issued strong sales forecast. Gan shares declined 9% to $21.04 in after-hours trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LLY":"礼来","PFE":"辉瑞","CODX":"Co-diagnostics Inc.","GAN":"GAN Limited","PRGS":"Progress Software Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122420974","content_text":"Some of the stocks that may grab investor focus today are:\n\nProgress Software Corp (NASDAQ:PRGS) reported better-than-expected results for its first quarter and raised its FY21 guidance. Progress Software shares climbed 2.6% to $42.90 in the after-hours trading session.\nPfizer Inc. (NYSE:PFE) and Eli Lilly and Company (NYSE:LLY) disclosed that an expert panel of the U.S. Food and Drug Administration has rejected their application for their experimental drug for the treatment of osteoarthritis pain, citing safety risks and an inadequate plan to manage them. Pfizer also reported that it has started clinical trials of its COVID-19 vaccine with children. Pfizer shares slipped 0.1% to $35.66 in after-hours trading, while Eli Lilly shares fell 0.1% to $183.00 in the after-hours trading session.\n\n\nCo-Diagnostics Inc (NASDAQ:CODX) reported downbeat earnings for its fourth quarter on Thursday. Co-Diagnostics shares dropped 7.1% to $11.26 in the after-hours trading session.\nGan Ltd (NASDAQ:GAN) reported weaker-than-expected results for its fourth quarter, but issued strong sales forecast. Gan shares declined 9% to $21.04 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350130900,"gmtCreate":1616164937000,"gmtModify":1704791796015,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Opps ","listText":"Opps ","text":"Opps","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350130900","repostId":"1128367483","repostType":4,"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325210697,"gmtCreate":1615901822119,"gmtModify":1704788179407,"author":{"id":"3578477788106055","authorId":"3578477788106055","name":"Mickie","avatar":"https://community-static.tradeup.com/news/6e30f2c122e040cc2a6a2c77f24a67d0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578477788106055","authorIdStr":"3578477788106055"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325210697","repostId":"1121564086","repostType":4,"repost":{"id":"1121564086","kind":"news","pubTimestamp":1615899026,"share":"https://ttm.financial/m/news/1121564086?lang=&edition=fundamental","pubTime":"2021-03-16 20:50","market":"us","language":"en","title":"Larry McDonald Warns \"The Big [Market] Quake Is Coming\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1121564086","media":"zerohedge","summary":"The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech ","content":"<p>The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech stocks are under pressure. Accordingly, tensions are high when the Federal Reserve decides on the future course of its monetary policy this Wednesday.</p>\n<p><i><b>«The Fed has its back against the wall,»</b></i>says Larry McDonald during a conversation via Zoom. The internationally renowned macro strategist and former senior trader at Lehman Brothers warns that the Federal Reserve has little time to mitigate the explosive situation in the bond and currency markets. Otherwise, he says, the global economy is at risk of another crisis.</p>\n<p>Since last spring, the founder of the independent investment advisor The Bear Traps Report has been recommending investments in the commodity sector, where he believes a new super cycle has begun. He reiterated his recommendation during his last conversation with The Market in late 2020. Today, his call for a big reflation trade has become the consensus on Wall Street.</p>\n<p>In this new interview with The Market/NZZ, which has been edited and condensed for clarity, Larry McDonald tells why he expects the Federal Reserve to resort to yield curve control fairly soon and what that will mean for gold and silver. He also explains why the rotation into commodities and value stocks is only just beginning and where he currently sees the best opportunities for investments.</p>\n<p><b>After the turmoil of the past few weeks, all eyes are on the Federal Reserve. What can investors expect from Wednesday's Fed meeting?</b></p>\n<blockquote>\n <b>We’re at a point where the market is moving way ahead of the Federal Reserve.</b>The Fed is on «outcome-based guidance», but the beast, that serpent in the market, wants more than that. Basically, the market is saying: «The US economy is going to grow 6 or 7% this year, and that will force you to taper in Q3 or Q4.» As investors are pricing in a tapering of the Fed’s asset purchases, financial conditions are tightening; especially in emerging markets, where spreads on credit default swaps are rising. So far, financial conditions are nowhere near extremely dangerous levels. But the problem is everybody thinks we’re in a similar situation as back in 2018.\n</blockquote>\n<p><b>What do you mean by that?</b></p>\n<blockquote>\n Once again, the Fed is playing «Tough Guy»: The market demands a policy pivot, but the Fed is trying to hold on to its path, essentially signaling to investors: «No way, relax». We had a similar set-up in 2013, 2016 and 2018. These were the three most significant monetary policy shifts where market pressures broke the Fed's desired policy path.\n <b>The problem is that back then the Fed had far more rope to play Tough Guy since the economy was stronger. In 2018 for instance</b>, the US economy was creating hundreds of thousands of jobs a month. In contrast, today’s employment-to-population ratio is 3.5 percentage points below January 2020 levels. This means 13 million Americans are outside the labor force. To get back to pre-pandemic levels, the economy has to create more than 540,000 jobs a month for two years.\n</blockquote>\n<p><b>So what does this mean for this week's Fed meeting?</b></p>\n<blockquote>\n <b>The Fed is planet earth’s central bank. Every time they tried to play Tough Guy, they’ve blown up the global economy.</b>This time, the Fed's Tough Guy window is much smaller. In 2018 or 2013 that window was nine to ten months. Now, it’s like two months because the economy is so weak. If they let financial conditions tighten further, they risk a major default cycle.\n <b>The negative multiplier effect of a stronger dollar is much higher to the world economy than the Fed anticipates</b>. They can't afford to let the dollar rip higher, because there is so much dollar denominated debt in the world, so much trade tied to the Greenback. If they blow that up, it will just blow back to the US and force the Fed into a policy shift anyway. It’s like with an oil change at the car repair shop: You can pay now or you can pay later. That’s why the Fed has to pay now.\n</blockquote>\n<p><b>Why?</b></p>\n<blockquote>\n <b>The Fed’s back is against the wall, all points to proactive action on March 17.</b>They must suppress taper fears and cut these risks off, or else they blow up the global economy for the 4th time since 2013. We’re hearing that they’re already getting incoming calls from emerging market central banks right now. If Fed Chairman Jay Powell plays Tough Guy by staying with the current path, without offering further assurances of deeper, more sustainable accommodation, the beast inside the market will keep pushing him until he breaks. We will see a repeat of Q4 2018 and Q1 2019, where the Fed was forced into an utterly embarrassing pivot. One of those is enough for Powell’s legacy, he doesn’t want two.\n</blockquote>\n<p><b>What kind of measures can be expected?</b></p>\n<blockquote>\n <b>Eventually, we will get the taper, but the overwhelming point is other weapons have to come first.</b>A Federal Reserve offering insufficient accommodation places markets in the crosshairs of a risk-off event. The first thing they will try to do is give some hard data points. For example, the US economy has to create 10 million jobs for the Fed to do anything on the balance sheet. Another way they can get out is calendar guidance, but that’s a more sophisticated weaponry. Bottom line, they should just say: «From now until the end of the year QE will continue at $120 billion a month, and we want PCE-inflation to get to between 2 and 2.5% and stay there for 24 months.» With that in place,\n <b>all they have to do is open the door two or three inches for yield curve control, and they can contain the dollar.</b>\n</blockquote>\n<p><b>The last time the Federal Reserve used yield curve control was during the time of World War II. Why would it resort to such a radical measure?</b></p>\n<blockquote>\n <b>Here’s the dirty little secret: Too many Treasury bonds are for sale.</b>There aren’t enough buyers, and that will force the Fed to step in. More than $3.6 trillion of US government paper was issued in 2020 versus $2.9 trillion in the prior year. With the new $1.9 trillion fiscal package coming from Washington, issuance in 2021 is slated to rise to $4 trillion. That’s a lot more than the Fed’s Treasury purchases through QE, so the spread between QE and debt issuance gets much wider. Washington is doing so much fiscal stimulus, I’m confident that this is going to force the Fed into yield curve control by September. If that’s the case, it will pressure the dollar lower and put commodities, value stocks, global cyclicals, materials and emerging markets into rotation overdrive.\n</blockquote>\n<p><b>How come?</b></p>\n<blockquote>\n <b>Yield curve control deployment is the tactical nuclear weaponry.</b>If the Fed throws out yield curve control just as a threat, it will suppress Treasury rates and real yields will go much more negative. Over the last couple of months, the issuance has overpowered inflation expectations. Think of it as a car race: Treasury issuances were driving up yields faster than inflation expectations rose. But if the Fed starts to acknowledge that they are going to bring out new weapons like calendar guidance and yield curve control, then they’re suppressing nominal yields. So if inflation expectations continue to rise, then real yields go big negative – and that’s when gold and silver will take off. I think silver can double from here until early next year. Gold could be up 50%.\n</blockquote>\n<p><b>How can investors best position themselves in this environment?</b></p>\n<blockquote>\n In terms of emerging markets, we’re\n <b>long Chile and Brazil.</b>In Asia, South Korea looks attractive. We also like the KWEB ETF which consists of the big Chinese tech stocks. In the commodity space, we have a position in the XME ETF which owns mainly\n <b>copper and steel names.</b>One of the best companies we own is Teck Resources. This stock is almost like a commodity mutual fund, because the company has exposure to copper, nickel and even energy. Another favorite is Mosaic because in a commodity cycle where you have weather problems around the world,\n <b>agricultural plays are a good bet.</b>\n</blockquote>\n<p><b>What about precious metals?</b></p>\n<blockquote>\n <b>When it comes to precious metals, we love silver miners</b>like Hecla Mining. When the Fed eases its policy, the silver miners will outperform the underlying metal, and they will outperform gold because there is more leverage there.\n</blockquote>\n<p><b>The gold price is down more than 15% since its all-time high in August. What’s the problem?</b></p>\n<blockquote>\n <b>Everyone thinks it’s 2013, so taper fears are sky high for gold. But the Fed cannot repeat its mistakes.</b>They must cap yields if they want to preserve the global economic recovery. Thus, the convexity with gold is very attractive. Every leg lower in real yields will act like a slingshot higher for gold. That’s why we love Newmont. The stock trades at 6x EBITDA with a 4% dividend yield which gives you some downside protection. And remember: The 2011-2016 commodity bust has made the balance sheet of these high quality gold mining companies a lot stronger.\n</blockquote>\n<p><b>President Joe Biden has just signed off on a $1.9 trillion economic program. What are the chances of a second stimulus bill, aimed at infrastructure?</b></p>\n<blockquote>\n It’s important to note that\n <b>a second fiscal deal for 2021 is not a slam dunk.</b>To pass the present $1.9 trillion stimulus bill, the Democrats used reconciliation. It’s a very special trick in US politics, because with reconciliation you don’t need 60 votes to pass a bill in the Senate. All you need is 50 votes. Yet, reconciliation has to be tied to a budget year. This means the next time the Democrats can use it is probably in the fourth quarter, late November or December, and tie it to the following year's budget. So the only way to do an infrastructure bill in the next six months is with a traditional piece of legislation.\n</blockquote>\n<p><b>Is that even possible, given how wide the rift between Republicans and Democrats has opened in recent years?</b></p>\n<blockquote>\n For that you need essentially ten Republicans. Right now, the centrists on the Hill, people like Mitt Romney on the Republican side or Joe Manchin on the Democrat side, are the most powerful people in Washington. They want to do an infrastructure program, but they want to finance it with tax revenue. They don’t believe in things like Modern Monetary Theory where the Fed is financing the deficit.\n <b>So you are going to need a tax hike. And in this regard, we’re hearing they could go after some type of flat tax on the FAANGs, the big technology companies.</b>\n</blockquote>\n<p><b>What does this mean for Apple, Google, Facebook and other tech heavyweights?</b></p>\n<blockquote>\n Keep in mind, we’re in a populist revolution:\n <b>The risk of inequality leading to social unrest is high, and that puts pressure on politicians to pass bills to tax the rich.</b>But a wealth tax is extremely complicated, it would take years. The simplest way to do something in terms of taxes is to tax larger companies. In the eighties, the top 100 companies in the US maintained about 45 to 50% of total profits. Today, the largest 20 companies command about 85 to 90%. In addition to that, close to 40% of the S&P 500’s market cap is related to tech. So tech is the low hanging fruit for the populists in Congress to go after.\n</blockquote>\n<p><b>One more reason why tech stocks remain under pressure?</b></p>\n<blockquote>\n We run a bunch of models. For example, we look at Berkshire Hathaway’s share price versus the Nasdaq 100 or the Dow Jones Industrial versus the Nasdaq. March 8th was the second time in 2021 that the Nasdaq closed down 2% with the Dow closing higher.\n <b>We haven’t seen this type of data since the dotcom crash. It’s a very rare event which historically coincides with a longer-term rotation out of technology stocks. That’s a very encouraging signal for value stocks.</b>In this regard, we like the EWU ETF. It’s a wonderful basket of stocks because it’s full of financials and world class names like BP, Rio Tinto or Glencore. Officially, it’s called the United Kingdom ETF, but it’s more like a global value ETF.\n</blockquote>\n<p><b>Does this mean that the rotation towards cyclical stocks has only just begun?</b></p>\n<blockquote>\n <b>Many investors around the world are long a portfolio of stocks that was designed for the deflationary environment of the previous decade.</b>The decade ahead of us - with all what’s ahead in terms of fiscal and monetary stimulus, populism, regulation and taxes - will push investors toward more globally value related stocks. That’s where the best returns are going to be.\n</blockquote>\n<p><b>So the previously successful «buy the dip» strategy of simply buying more tech stocks after every decline no longer works?</b></p>\n<blockquote>\n <b>The potency of dip-buying is in decay mode.</b>Global value is really starting to kick tech in the teeth, and when that happens, it wakes up what's called «real money». Keep in mind: There is fast money, mostly hedge funds which are nimble and make quick moves. In contrast, real money moves slowly. Those types of investors don’t make asset allocation decisions quickly. They base their decisions on committees and all kinds of meetings. As a result, tectonic plates are shifting beneath our feet. We’ve seen tremors after tremors where value is starting to crush growth, and now the earthquake is coming. At Bear Traps, we have a Bloomberg chat with 650 institutional investors, and I can tell just by these conversations, that the real money is starting to move.\n <b>And when the real money moves, that’s when the big quake happens.</b>\n</blockquote>\n<p><b>What kind of dislocations will this cause?</b></p>\n<blockquote>\n <b>Tech will probably be down 30 to 40% sometime between now and the end of October.</b>Today, the market cap of the Nasdaq 100 is close to $12 trillion, but most large-cap tech stocks are unchanged since July last year, while commodity and value-related equities are up 20 to 50%. In the US, if you talk to a hundred high-net-worth families, every one of those families owns Apple, Google, Facebook and Amazon. But look what’s happening: Amazon’s stock is flat since the 4th of July 2020. That's $1.5 trillion of dead money. Last Friday, Amazon failed at the 200-day moving average again.\n <b>This is like Mike Tyson getting defeated by Buster Douglas, one of the greatest upsets in sports history. This psychology is moving through the market, pushing the capital migration process into value and commodity plays.</b>\n</blockquote>\n<p><b>However, investments in commodities are mostly not compliant with the trend towards ESG standards; especially when it comes to CO2 emissions.</b></p>\n<blockquote>\n <b>The best ESG trade on the board is nuclear power. The largest uranium company in the US is Cameco with a $7 market cap.</b>Think about that relative to Elon Musk’s net worth! I support the Green New Deal, but this needs time, because solar and wind are still too far away to produce the amount of energy needed around the world, especially in India and China. The only way to meet that demand is through nuclear power. Uranium is coming out of a ten-year bear market, and it’s going into a massive new bull market. All the contracts between power plants and uranium producers are going to be adjusted. That’s why we like the URA ETF which owns companies like Cameco. I see some of these companies as six baggers: 500% upside potential and 30 to 40% downside risk, because uranium is still a risky commodity.\n</blockquote>\n<p><b>In our last conversation, you recommended investments in the energy sector. Since then, names such as Chevron, Royal Dutch Shell or Exxon Mobil have advanced 25 to 60%. What do you advise investors to do now?</b></p>\n<blockquote>\n <b>For now, we’ve cut our energy book:</b>We’ve sold half of our shares in Chevron, and we’ve sold two thirds of our positions in Exxon Mobil and in the XLE ETF. What happens when you get into the fourth, fifth and sixth innings of a commodity cycle, tertiary sectors like metallurgical coal become more attractive. Sure, met coal, also known as coking coal, is not ESG friendly, but there is no way around it for steel production and hence the construction of skyscrapers, bridges and things like that. So coming into this infrastructure boom all around the world, coal has plenty of upside. That’s why we own names like Arch Resources and Peabody Energy. They’re low-leveraged, and really cheap, once again, on a risk/reward basis.\n</blockquote>\n<p><b>What are the biggest dangers to watch out for in the coming weeks and months?</b></p>\n<blockquote>\n <b>One spot to watch are all these forbearance deals in commercial real estate.</b>When we come out of Covid and the vaccines and the stimulus money are juicing through the economy, the market will be forcing the release of the forbearance on a lot of these loans. So if people don’t come back fast enough to the cities, these commercial real estate loans are going to get reset. This would mean some big defaults, and the banks own a lot of these loans. Also, a lot of leveraged loans are really rich. And then, there is potentially a fiscal cliff:\n <b>The sustainability of the $1.9 trillion stimulus package isn’t that great because a lot of it is just transfer payments replacing lost income for people staying at home. That’s why the US needs a second stimulus bill. If we don’t get a second bill, we are going to have a problem in about a year from now.</b>\n</blockquote>","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>Larry McDonald Warns \"The Big [Market] Quake Is Coming\"</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\">\nLarry McDonald Warns \"The Big [Market] Quake Is Coming\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 20:50 GMT+8 <a href=https://www.zerohedge.com/markets/larry-mcdonald-warns-big-market-quake-coming><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech stocks are under pressure. Accordingly, tensions are high when the Federal Reserve decides on the ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/larry-mcdonald-warns-big-market-quake-coming\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/larry-mcdonald-warns-big-market-quake-coming","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121564086","content_text":"The mood is testy. Yields on Treasuries are rising, the dollar is trending stronger, and major tech stocks are under pressure. Accordingly, tensions are high when the Federal Reserve decides on the future course of its monetary policy this Wednesday.\n«The Fed has its back against the wall,»says Larry McDonald during a conversation via Zoom. The internationally renowned macro strategist and former senior trader at Lehman Brothers warns that the Federal Reserve has little time to mitigate the explosive situation in the bond and currency markets. Otherwise, he says, the global economy is at risk of another crisis.\nSince last spring, the founder of the independent investment advisor The Bear Traps Report has been recommending investments in the commodity sector, where he believes a new super cycle has begun. He reiterated his recommendation during his last conversation with The Market in late 2020. Today, his call for a big reflation trade has become the consensus on Wall Street.\nIn this new interview with The Market/NZZ, which has been edited and condensed for clarity, Larry McDonald tells why he expects the Federal Reserve to resort to yield curve control fairly soon and what that will mean for gold and silver. He also explains why the rotation into commodities and value stocks is only just beginning and where he currently sees the best opportunities for investments.\nAfter the turmoil of the past few weeks, all eyes are on the Federal Reserve. What can investors expect from Wednesday's Fed meeting?\n\nWe’re at a point where the market is moving way ahead of the Federal Reserve.The Fed is on «outcome-based guidance», but the beast, that serpent in the market, wants more than that. Basically, the market is saying: «The US economy is going to grow 6 or 7% this year, and that will force you to taper in Q3 or Q4.» As investors are pricing in a tapering of the Fed’s asset purchases, financial conditions are tightening; especially in emerging markets, where spreads on credit default swaps are rising. So far, financial conditions are nowhere near extremely dangerous levels. But the problem is everybody thinks we’re in a similar situation as back in 2018.\n\nWhat do you mean by that?\n\n Once again, the Fed is playing «Tough Guy»: The market demands a policy pivot, but the Fed is trying to hold on to its path, essentially signaling to investors: «No way, relax». We had a similar set-up in 2013, 2016 and 2018. These were the three most significant monetary policy shifts where market pressures broke the Fed's desired policy path.\n The problem is that back then the Fed had far more rope to play Tough Guy since the economy was stronger. In 2018 for instance, the US economy was creating hundreds of thousands of jobs a month. In contrast, today’s employment-to-population ratio is 3.5 percentage points below January 2020 levels. This means 13 million Americans are outside the labor force. To get back to pre-pandemic levels, the economy has to create more than 540,000 jobs a month for two years.\n\nSo what does this mean for this week's Fed meeting?\n\nThe Fed is planet earth’s central bank. Every time they tried to play Tough Guy, they’ve blown up the global economy.This time, the Fed's Tough Guy window is much smaller. In 2018 or 2013 that window was nine to ten months. Now, it’s like two months because the economy is so weak. If they let financial conditions tighten further, they risk a major default cycle.\n The negative multiplier effect of a stronger dollar is much higher to the world economy than the Fed anticipates. They can't afford to let the dollar rip higher, because there is so much dollar denominated debt in the world, so much trade tied to the Greenback. If they blow that up, it will just blow back to the US and force the Fed into a policy shift anyway. It’s like with an oil change at the car repair shop: You can pay now or you can pay later. That’s why the Fed has to pay now.\n\nWhy?\n\nThe Fed’s back is against the wall, all points to proactive action on March 17.They must suppress taper fears and cut these risks off, or else they blow up the global economy for the 4th time since 2013. We’re hearing that they’re already getting incoming calls from emerging market central banks right now. If Fed Chairman Jay Powell plays Tough Guy by staying with the current path, without offering further assurances of deeper, more sustainable accommodation, the beast inside the market will keep pushing him until he breaks. We will see a repeat of Q4 2018 and Q1 2019, where the Fed was forced into an utterly embarrassing pivot. One of those is enough for Powell’s legacy, he doesn’t want two.\n\nWhat kind of measures can be expected?\n\nEventually, we will get the taper, but the overwhelming point is other weapons have to come first.A Federal Reserve offering insufficient accommodation places markets in the crosshairs of a risk-off event. The first thing they will try to do is give some hard data points. For example, the US economy has to create 10 million jobs for the Fed to do anything on the balance sheet. Another way they can get out is calendar guidance, but that’s a more sophisticated weaponry. Bottom line, they should just say: «From now until the end of the year QE will continue at $120 billion a month, and we want PCE-inflation to get to between 2 and 2.5% and stay there for 24 months.» With that in place,\n all they have to do is open the door two or three inches for yield curve control, and they can contain the dollar.\n\nThe last time the Federal Reserve used yield curve control was during the time of World War II. Why would it resort to such a radical measure?\n\nHere’s the dirty little secret: Too many Treasury bonds are for sale.There aren’t enough buyers, and that will force the Fed to step in. More than $3.6 trillion of US government paper was issued in 2020 versus $2.9 trillion in the prior year. With the new $1.9 trillion fiscal package coming from Washington, issuance in 2021 is slated to rise to $4 trillion. That’s a lot more than the Fed’s Treasury purchases through QE, so the spread between QE and debt issuance gets much wider. Washington is doing so much fiscal stimulus, I’m confident that this is going to force the Fed into yield curve control by September. If that’s the case, it will pressure the dollar lower and put commodities, value stocks, global cyclicals, materials and emerging markets into rotation overdrive.\n\nHow come?\n\nYield curve control deployment is the tactical nuclear weaponry.If the Fed throws out yield curve control just as a threat, it will suppress Treasury rates and real yields will go much more negative. Over the last couple of months, the issuance has overpowered inflation expectations. Think of it as a car race: Treasury issuances were driving up yields faster than inflation expectations rose. But if the Fed starts to acknowledge that they are going to bring out new weapons like calendar guidance and yield curve control, then they’re suppressing nominal yields. So if inflation expectations continue to rise, then real yields go big negative – and that’s when gold and silver will take off. I think silver can double from here until early next year. Gold could be up 50%.\n\nHow can investors best position themselves in this environment?\n\n In terms of emerging markets, we’re\n long Chile and Brazil.In Asia, South Korea looks attractive. We also like the KWEB ETF which consists of the big Chinese tech stocks. In the commodity space, we have a position in the XME ETF which owns mainly\n copper and steel names.One of the best companies we own is Teck Resources. This stock is almost like a commodity mutual fund, because the company has exposure to copper, nickel and even energy. Another favorite is Mosaic because in a commodity cycle where you have weather problems around the world,\n agricultural plays are a good bet.\n\nWhat about precious metals?\n\nWhen it comes to precious metals, we love silver minerslike Hecla Mining. When the Fed eases its policy, the silver miners will outperform the underlying metal, and they will outperform gold because there is more leverage there.\n\nThe gold price is down more than 15% since its all-time high in August. What’s the problem?\n\nEveryone thinks it’s 2013, so taper fears are sky high for gold. But the Fed cannot repeat its mistakes.They must cap yields if they want to preserve the global economic recovery. Thus, the convexity with gold is very attractive. Every leg lower in real yields will act like a slingshot higher for gold. That’s why we love Newmont. The stock trades at 6x EBITDA with a 4% dividend yield which gives you some downside protection. And remember: The 2011-2016 commodity bust has made the balance sheet of these high quality gold mining companies a lot stronger.\n\nPresident Joe Biden has just signed off on a $1.9 trillion economic program. What are the chances of a second stimulus bill, aimed at infrastructure?\n\n It’s important to note that\n a second fiscal deal for 2021 is not a slam dunk.To pass the present $1.9 trillion stimulus bill, the Democrats used reconciliation. It’s a very special trick in US politics, because with reconciliation you don’t need 60 votes to pass a bill in the Senate. All you need is 50 votes. Yet, reconciliation has to be tied to a budget year. This means the next time the Democrats can use it is probably in the fourth quarter, late November or December, and tie it to the following year's budget. So the only way to do an infrastructure bill in the next six months is with a traditional piece of legislation.\n\nIs that even possible, given how wide the rift between Republicans and Democrats has opened in recent years?\n\n For that you need essentially ten Republicans. Right now, the centrists on the Hill, people like Mitt Romney on the Republican side or Joe Manchin on the Democrat side, are the most powerful people in Washington. They want to do an infrastructure program, but they want to finance it with tax revenue. They don’t believe in things like Modern Monetary Theory where the Fed is financing the deficit.\n So you are going to need a tax hike. And in this regard, we’re hearing they could go after some type of flat tax on the FAANGs, the big technology companies.\n\nWhat does this mean for Apple, Google, Facebook and other tech heavyweights?\n\n Keep in mind, we’re in a populist revolution:\n The risk of inequality leading to social unrest is high, and that puts pressure on politicians to pass bills to tax the rich.But a wealth tax is extremely complicated, it would take years. The simplest way to do something in terms of taxes is to tax larger companies. In the eighties, the top 100 companies in the US maintained about 45 to 50% of total profits. Today, the largest 20 companies command about 85 to 90%. In addition to that, close to 40% of the S&P 500’s market cap is related to tech. So tech is the low hanging fruit for the populists in Congress to go after.\n\nOne more reason why tech stocks remain under pressure?\n\n We run a bunch of models. For example, we look at Berkshire Hathaway’s share price versus the Nasdaq 100 or the Dow Jones Industrial versus the Nasdaq. March 8th was the second time in 2021 that the Nasdaq closed down 2% with the Dow closing higher.\n We haven’t seen this type of data since the dotcom crash. It’s a very rare event which historically coincides with a longer-term rotation out of technology stocks. That’s a very encouraging signal for value stocks.In this regard, we like the EWU ETF. It’s a wonderful basket of stocks because it’s full of financials and world class names like BP, Rio Tinto or Glencore. Officially, it’s called the United Kingdom ETF, but it’s more like a global value ETF.\n\nDoes this mean that the rotation towards cyclical stocks has only just begun?\n\nMany investors around the world are long a portfolio of stocks that was designed for the deflationary environment of the previous decade.The decade ahead of us - with all what’s ahead in terms of fiscal and monetary stimulus, populism, regulation and taxes - will push investors toward more globally value related stocks. That’s where the best returns are going to be.\n\nSo the previously successful «buy the dip» strategy of simply buying more tech stocks after every decline no longer works?\n\nThe potency of dip-buying is in decay mode.Global value is really starting to kick tech in the teeth, and when that happens, it wakes up what's called «real money». Keep in mind: There is fast money, mostly hedge funds which are nimble and make quick moves. In contrast, real money moves slowly. Those types of investors don’t make asset allocation decisions quickly. They base their decisions on committees and all kinds of meetings. As a result, tectonic plates are shifting beneath our feet. We’ve seen tremors after tremors where value is starting to crush growth, and now the earthquake is coming. At Bear Traps, we have a Bloomberg chat with 650 institutional investors, and I can tell just by these conversations, that the real money is starting to move.\n And when the real money moves, that’s when the big quake happens.\n\nWhat kind of dislocations will this cause?\n\nTech will probably be down 30 to 40% sometime between now and the end of October.Today, the market cap of the Nasdaq 100 is close to $12 trillion, but most large-cap tech stocks are unchanged since July last year, while commodity and value-related equities are up 20 to 50%. In the US, if you talk to a hundred high-net-worth families, every one of those families owns Apple, Google, Facebook and Amazon. But look what’s happening: Amazon’s stock is flat since the 4th of July 2020. That's $1.5 trillion of dead money. Last Friday, Amazon failed at the 200-day moving average again.\n This is like Mike Tyson getting defeated by Buster Douglas, one of the greatest upsets in sports history. This psychology is moving through the market, pushing the capital migration process into value and commodity plays.\n\nHowever, investments in commodities are mostly not compliant with the trend towards ESG standards; especially when it comes to CO2 emissions.\n\nThe best ESG trade on the board is nuclear power. The largest uranium company in the US is Cameco with a $7 market cap.Think about that relative to Elon Musk’s net worth! I support the Green New Deal, but this needs time, because solar and wind are still too far away to produce the amount of energy needed around the world, especially in India and China. The only way to meet that demand is through nuclear power. Uranium is coming out of a ten-year bear market, and it’s going into a massive new bull market. All the contracts between power plants and uranium producers are going to be adjusted. That’s why we like the URA ETF which owns companies like Cameco. I see some of these companies as six baggers: 500% upside potential and 30 to 40% downside risk, because uranium is still a risky commodity.\n\nIn our last conversation, you recommended investments in the energy sector. Since then, names such as Chevron, Royal Dutch Shell or Exxon Mobil have advanced 25 to 60%. What do you advise investors to do now?\n\nFor now, we’ve cut our energy book:We’ve sold half of our shares in Chevron, and we’ve sold two thirds of our positions in Exxon Mobil and in the XLE ETF. What happens when you get into the fourth, fifth and sixth innings of a commodity cycle, tertiary sectors like metallurgical coal become more attractive. Sure, met coal, also known as coking coal, is not ESG friendly, but there is no way around it for steel production and hence the construction of skyscrapers, bridges and things like that. So coming into this infrastructure boom all around the world, coal has plenty of upside. That’s why we own names like Arch Resources and Peabody Energy. They’re low-leveraged, and really cheap, once again, on a risk/reward basis.\n\nWhat are the biggest dangers to watch out for in the coming weeks and months?\n\nOne spot to watch are all these forbearance deals in commercial real estate.When we come out of Covid and the vaccines and the stimulus money are juicing through the economy, the market will be forcing the release of the forbearance on a lot of these loans. So if people don’t come back fast enough to the cities, these commercial real estate loans are going to get reset. This would mean some big defaults, and the banks own a lot of these loans. Also, a lot of leveraged loans are really rich. And then, there is potentially a fiscal cliff:\n The sustainability of the $1.9 trillion stimulus package isn’t that great because a lot of it is just transfer payments replacing lost income for people staying at home. That’s why the US needs a second stimulus bill. If we don’t get a second bill, we are going to have a problem in about a year from now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}