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2022-11-12

Good

@SR050321:Pleasant surprises today 💚💚💚

2022-09-26

Hope the situation getting better soon

If Not The Bottom, Then What?

2022-09-20

Go go

Alibaba: The Charlie Munger And Li Lu Divergence

2022-09-17

Great

Is It Time for NIO's Stock to Shine? Wall Street Sees Nearly 50% Upside Ahead

2022-09-13

Oh no

Stock Sell-Off Deepens, Dow Drops 800 Points Following Hot Inflation Report

2022-09-11

Ok

Sorry, the original content has been removed

2022-09-07

Ok

QQQ: The Nasdaq 100 Declines May Have Only Just Begun

2022-09-03

Oh no

Sorry, the original content has been removed

2022-08-25

Great

2022-08-20

Great

Own Tesla Stock? You'll Have More Shares After the Stock Split

2022-08-19

Great

Tesla Stock Split: 5 Things to Know About the Upcoming Split

2022-08-17

Ok

7 Short-Squeeze Stocks to Put on Your Must-Watch List

2022-08-15

Great

Bed Bath & Beyond Shares Jumped 10% in Morning Trading

2022-08-12

Ok

@Invest with Dan: Best Dividend Stocks to Invest in 2022 (One Pays 45% Annual Yield!)Top Dividend Stocks to Invest in (Different Industries) 2022! Get $40-$200 Off one of my Favorite Stock Screeners (Seeking Alpha) ... From Youtube: https://www.youtube.com/watch?v=4Lifeulky4Q

2022-08-12

Ok

@Blinkfans:why I think Jardine Matheson is a good buy

2022-08-09

Oh no

Crypto Stocks Dipped in Morning Trading, With SOS Falling Over 11% and Coinbase Falling Over 5%

2022-08-08

Great

Crypto Stocks Shot up in Morning Trading, With SOS and Coinbase Jumping Nearly 9%

2022-07-31

Ok

Alibaba: The Delisting Fears Are Back - Time To Turn Bullish Again?

2022-07-29

What happened?

Sorry, the original content has been removed

2022-07-27

Great

Oil Futures Gained 2% with U.S. Crude Supplies down a Second Week

Go to Tiger App to see more news

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surprises today 💚💚💚","htmlText":"I woke up this morning was&nbsp;surprised by the&nbsp;increase in US stock market, i look forward for SG market to open at 9 am,&nbsp;true enough it rally too. CPI data impacted alot, give confidence to investors, the markets start to beat harder, feel the heat, but how long will last ? the steam may go off but remember my friend life must go on. If i ate lunch today increased by 7% (the shop said price now is&nbsp;not&nbsp;included GST)&nbsp;next year 8%. So&nbsp;the stock price should increase too, due to&nbsp;inflation, money less value. If my stock not increase i wud rather hold it for dividend&nbsp;[Grin]&nbsp; I still believe in REITS.&nbsp;One of my favourite <a href=\"https://ttm.financial/S/CRPU.SI\">$SASSEUR REIT(CRPU.SI)$&nbsp;</a>, it&nbsp;announced 3QFY2022 ended September distr","listText":"I woke up this morning was&nbsp;surprised by the&nbsp;increase in US stock market, i look forward for SG market to open at 9 am,&nbsp;true enough it rally too. CPI data impacted alot, give confidence to investors, the markets start to beat harder, feel the heat, but how long will last ? the steam may go off but remember my friend life must go on. If i ate lunch today increased by 7% (the shop said price now is&nbsp;not&nbsp;included GST)&nbsp;next year 8%. So&nbsp;the stock price should increase too, due to&nbsp;inflation, money less value. If my stock not increase i wud rather hold it for dividend&nbsp;[Grin]&nbsp; I still believe in REITS.&nbsp;One of my favourite <a href=\"https://ttm.financial/S/CRPU.SI\">$SASSEUR REIT(CRPU.SI)$&nbsp;</a>, it&nbsp;announced 3QFY2022 ended September distr","text":"I woke up this morning was surprised by the increase in US stock market, i look forward for SG market to open at 9 am, true enough it rally too. CPI data impacted alot, give confidence to investors, the markets start to beat harder, feel the heat, but how long will last ? the steam may go off but remember my friend life must go on. If i ate lunch today increased by 7% (the shop said price now is not included GST) next year 8%. So the stock price should increase too, due to inflation, money less value. If my stock not increase i wud rather hold it for dividend [Grin] I still believe in REITS. One of my favourite $SASSEUR REIT(CRPU.SI)$ , it announced 3QFY2022 ended September distr","images":[{"img":"https://community-static.tradeup.com/news/b71443a006b840cfb925b1418e181e1d","width":"750","height":"1005"},{"img":"https://community-static.tradeup.com/news/3bd874cff65689e0b9c910f857402cc9","width":"750","height":"851"},{"img":"https://community-static.tradeup.com/news/32a0e7660e544c0ab8c28a902d11af57","width":"750","height":"822"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960672117","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911648603,"gmtCreate":1664201067702,"gmtModify":1676537408769,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Hope the situation getting better soon","listText":"Hope the situation getting better soon","text":"Hope the situation getting better soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9911648603","repostId":"1154262778","repostType":4,"repost":{"id":"1154262778","kind":"news","pubTimestamp":1664205477,"share":"https://ttm.financial/m/news/1154262778?lang=&edition=fundamental","pubTime":"2022-09-26 23:17","market":"us","language":"en","title":"If Not The Bottom, Then What?","url":"https://stock-news.laohu8.com/highlight/detail?id=1154262778","media":"Seeking Alpha","summary":"SummaryLeading central bank interest rates, set by to fight inflation, are attempting to peak in the","content":"<html><head></head><body><h3>Summary</h3><ul><li>Leading central bank interest rates, set by to fight inflation, are attempting to peak in the near future.</li><li>With sub-4% rates for US Treasuries, 10-year high-grade corporates at 4.6%, and medium-grades at 5.23%, the premium for government paper appears to be in place. However, it’s insufficient if demand curtailment works and drives up defaults.</li><li>Did Friday’s stock market decline signal a bottom? Possibly, but it did not completely fit historical patterns.</li></ul><h3>Caveat</h3><p>We admit we don’t know what the future holds for us. I am falling back on my instinct to view things as bets with their own uncertain odds.</p><h3>Investment Markets Decline on September 23rd</h3><p>Leading central bank interest rates, sertt by to fight inflation, are attempting to peak in the near future. (My guess is that they won’t be successful at current levels until they switch from attempting to reduce demand to increasing supply, which is more difficult.) With sub-4% rates for US Treasuries, 10-year high-grade corporates at 4.6%, and medium-grades at 5.23%, the premium for government paper appears to be in place. However, it’s insufficient if demand curtailment works and drives up defaults.</p><p>The battle against industrial goods inflation may be close to won, with the year-over-year change in the JOC-ECRI industrial price at -9.69%, gasoline demand down almost -8%, and distillates down about -16%. (I think it is going to be more difficult to address inflation in services, which is mostly comprised of wages for talented people.) Furthermore, food prices are much more dependent on the global decline in land use and availability.</p><p>As usual, the high-quality fixed-income markets are more advanced than the equity markets.</p><p>Did Friday’s stock market decline signal a bottom? Possibly, but it did not completely fit historical patterns. While the Dow Jones Industrial Average established a new low for the year, the S&amp;P 500 was the third-lowest, and the Nasdaq the fifth-lowest. Considering the latter two indices had greater gains, the fall of the DJIA is less impressive. While there was an increase in transaction volume from a low base, it was not impressive. There are no signs of mass capitulation at public or institutional levels.</p><h3>Outlook</h3><p>There are four possible paths forward. In order of time, magnitude and pain, they are:</p><p>A bear market without a recession has happened a few times and is largely a price correction. We are closing in on that.</p><p>A cyclical recession is usually driven by commodity prices or other supply issues. This is satisfactorily addressed in a few years.</p><p>A structural recession due to systemic imbalances of power and leadership requires major changes, which drastically alter society. Depending on the level of violence, it can take many years.</p><p>Stagflation, where a portion of the society/economy sacrifices involuntarily to the other until there is a counter-revolutionary force. There is usually a period of mismanagement and legal turmoil. We have experienced two periods like this in the past beginning in the 1930s and 1970s.</p><p>Each alternative is possible. Prudent investors should make up their own minds as to what is probable for their beneficiaries and careers. (To be discussed later.)</p><p>Before choosing your expected future, there is a new threat and lesson which surfaced this week.</p><h3>London’s Future Lesson and Threat</h3><p>This week, the brand-new Prime Minister announced a very expensive plan of pump-priming and tax reduction for individuals. The reaction of the London investment market and currency was shock and fear. The former US Secretary of Treasury and former President of Harvard summed up the view of many on both sides of the Atlantic that these were “the worst possible policies”.</p><p>There are two lessons for the US from these policies which march down the same road as the current US administration.</p><p>The lesson for US and other investors is that the value of one’s currency shapes the willingness of foreigners to invest in the currency. The independent Bank of England, their central bank, raised interest rates by 100 basis points earlier in the week before this announcement. On Friday, there was a call for the BOE to immediately raise rates another 100 basis points.</p><p>This controversy is important for the US with its highly rated currency, which somewhat ironically had the second-biggest gain for the week, according to The Wall Street Journal. (The only currency that had a bigger gain was the Russian ruble, +4.54% vs.+2.57%.)</p><p>Investors, traders, and customers look at the currency behind the source of earnings in today’s currency markets. We are all familiar with the “Petrodollar”, which is based on the earnings derived from petroleum production and sale. To some degree, the tag of Petrodollar has also been placed on the currencies of Russia and Canada, among others, in addition to various Middle Eastern countries.</p><p>While it hasn’t been popularly done before, I believe we may now see a financial pound label placed on the British currency. A major part of its earnings come from its transaction markets and multinationals headquartered in the UK with export earnings, as well as contributions from my wife at her favorite shopping location.</p><p>We should watch what happens in the UK as an indication of a possible trend for the US.</p><h3>Investing Equity Reserves</h3><p>Last week’s blog suggested a tactical plan to reinvest reserves coming from equity investments, or from cash flows to be invested in equities.</p><p>Investors will be benefit from dollar-cost averaging, no matter which frequency is used. They will also benefit from the selection of one of the four alternative futures outlined above.</p><p>The most important long-term decision regarding the ultimate value of the account is to not get too comfortable with cash reserves while interest rates earn single-digit returns. This will be costly, as stock markets go up as rates come down, resulting in some principal loss. More important, time not invested in equities at low prices will be lost. For taxable investors, the difference in taxes on interest and gains can be meaningful, particularly in well-constructed estates.</p><p>In making choices where time horizon is appropriate for your investments, I expect the last two scenarios to be the most likely, based on today’s information. For example, Walmart (WMT) is not building inventory and staff for the holiday season. Their shoppers, for the most part, are modest-income, savvy buyers. If Walmart is not expecting a good holiday season for itself, one should question how quickly inflation will drop below 5%.</p><p>Typically, a well-known name disappears from the marketplace due to severe financial trouble. None has so far, but you might see a rescue merger or court action.</p><p>I have no inside information, but I am concerned that reported earnings and, more importantly, values are overstated for the current economy, making market valuations questionable. One such possible company is Credit Suisse (CS). The pundits are quoting it as selling for almost 20% of book value! I am sure this is not a singular situation.</p><p>Please share your views.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If Not The Bottom, Then What?</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\">\nIf Not The Bottom, Then What?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-26 23:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4543053-if-not-bottom-then-what><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryLeading central bank interest rates, set by to fight inflation, are attempting to peak in the near future.With sub-4% rates for US Treasuries, 10-year high-grade corporates at 4.6%, and medium-...</p>\n\n<a href=\"https://seekingalpha.com/article/4543053-if-not-bottom-then-what\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4543053-if-not-bottom-then-what","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154262778","content_text":"SummaryLeading central bank interest rates, set by to fight inflation, are attempting to peak in the near future.With sub-4% rates for US Treasuries, 10-year high-grade corporates at 4.6%, and medium-grades at 5.23%, the premium for government paper appears to be in place. However, it’s insufficient if demand curtailment works and drives up defaults.Did Friday’s stock market decline signal a bottom? Possibly, but it did not completely fit historical patterns.CaveatWe admit we don’t know what the future holds for us. I am falling back on my instinct to view things as bets with their own uncertain odds.Investment Markets Decline on September 23rdLeading central bank interest rates, sertt by to fight inflation, are attempting to peak in the near future. (My guess is that they won’t be successful at current levels until they switch from attempting to reduce demand to increasing supply, which is more difficult.) With sub-4% rates for US Treasuries, 10-year high-grade corporates at 4.6%, and medium-grades at 5.23%, the premium for government paper appears to be in place. However, it’s insufficient if demand curtailment works and drives up defaults.The battle against industrial goods inflation may be close to won, with the year-over-year change in the JOC-ECRI industrial price at -9.69%, gasoline demand down almost -8%, and distillates down about -16%. (I think it is going to be more difficult to address inflation in services, which is mostly comprised of wages for talented people.) Furthermore, food prices are much more dependent on the global decline in land use and availability.As usual, the high-quality fixed-income markets are more advanced than the equity markets.Did Friday’s stock market decline signal a bottom? Possibly, but it did not completely fit historical patterns. While the Dow Jones Industrial Average established a new low for the year, the S&P 500 was the third-lowest, and the Nasdaq the fifth-lowest. Considering the latter two indices had greater gains, the fall of the DJIA is less impressive. While there was an increase in transaction volume from a low base, it was not impressive. There are no signs of mass capitulation at public or institutional levels.OutlookThere are four possible paths forward. In order of time, magnitude and pain, they are:A bear market without a recession has happened a few times and is largely a price correction. We are closing in on that.A cyclical recession is usually driven by commodity prices or other supply issues. This is satisfactorily addressed in a few years.A structural recession due to systemic imbalances of power and leadership requires major changes, which drastically alter society. Depending on the level of violence, it can take many years.Stagflation, where a portion of the society/economy sacrifices involuntarily to the other until there is a counter-revolutionary force. There is usually a period of mismanagement and legal turmoil. We have experienced two periods like this in the past beginning in the 1930s and 1970s.Each alternative is possible. Prudent investors should make up their own minds as to what is probable for their beneficiaries and careers. (To be discussed later.)Before choosing your expected future, there is a new threat and lesson which surfaced this week.London’s Future Lesson and ThreatThis week, the brand-new Prime Minister announced a very expensive plan of pump-priming and tax reduction for individuals. The reaction of the London investment market and currency was shock and fear. The former US Secretary of Treasury and former President of Harvard summed up the view of many on both sides of the Atlantic that these were “the worst possible policies”.There are two lessons for the US from these policies which march down the same road as the current US administration.The lesson for US and other investors is that the value of one’s currency shapes the willingness of foreigners to invest in the currency. The independent Bank of England, their central bank, raised interest rates by 100 basis points earlier in the week before this announcement. On Friday, there was a call for the BOE to immediately raise rates another 100 basis points.This controversy is important for the US with its highly rated currency, which somewhat ironically had the second-biggest gain for the week, according to The Wall Street Journal. (The only currency that had a bigger gain was the Russian ruble, +4.54% vs.+2.57%.)Investors, traders, and customers look at the currency behind the source of earnings in today’s currency markets. We are all familiar with the “Petrodollar”, which is based on the earnings derived from petroleum production and sale. To some degree, the tag of Petrodollar has also been placed on the currencies of Russia and Canada, among others, in addition to various Middle Eastern countries.While it hasn’t been popularly done before, I believe we may now see a financial pound label placed on the British currency. A major part of its earnings come from its transaction markets and multinationals headquartered in the UK with export earnings, as well as contributions from my wife at her favorite shopping location.We should watch what happens in the UK as an indication of a possible trend for the US.Investing Equity ReservesLast week’s blog suggested a tactical plan to reinvest reserves coming from equity investments, or from cash flows to be invested in equities.Investors will be benefit from dollar-cost averaging, no matter which frequency is used. They will also benefit from the selection of one of the four alternative futures outlined above.The most important long-term decision regarding the ultimate value of the account is to not get too comfortable with cash reserves while interest rates earn single-digit returns. This will be costly, as stock markets go up as rates come down, resulting in some principal loss. More important, time not invested in equities at low prices will be lost. For taxable investors, the difference in taxes on interest and gains can be meaningful, particularly in well-constructed estates.In making choices where time horizon is appropriate for your investments, I expect the last two scenarios to be the most likely, based on today’s information. For example, Walmart (WMT) is not building inventory and staff for the holiday season. Their shoppers, for the most part, are modest-income, savvy buyers. If Walmart is not expecting a good holiday season for itself, one should question how quickly inflation will drop below 5%.Typically, a well-known name disappears from the marketplace due to severe financial trouble. None has so far, but you might see a rescue merger or court action.I have no inside information, but I am concerned that reported earnings and, more importantly, values are overstated for the current economy, making market valuations questionable. One such possible company is Credit Suisse (CS). The pundits are quoting it as selling for almost 20% of book value! I am sure this is not a singular situation.Please share your views.","news_type":1},"isVote":1,"tweetType":1,"viewCount":677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910750909,"gmtCreate":1663687994501,"gmtModify":1676537316345,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Go go","listText":"Go go","text":"Go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910750909","repostId":"2268917780","repostType":4,"repost":{"id":"2268917780","kind":"news","pubTimestamp":1663732800,"share":"https://ttm.financial/m/news/2268917780?lang=&edition=fundamental","pubTime":"2022-09-21 12:00","market":"hk","language":"en","title":"Alibaba: The Charlie Munger And Li Lu Divergence","url":"https://stock-news.laohu8.com/highlight/detail?id=2268917780","media":"Seeking Alpha","summary":"SummaryGreat minds think alike. But what is even more interesting is when they do not.Two of the mos","content":"<html><head></head><body><h2>Summary</h2><ul><li>Great minds think alike. But what is even more interesting is when they do not.</li><li>Two of the most successful investors of our time, Charlie Munger and Li Lu, diverge starkly on Alibaba.</li><li>A comparison of their views and actions best illustrates the opportunities and risks associated with the investment.</li><li>Risks commonly mentioned (VIE, delisting, etc.) are all symptoms to me, while Li Lu’s Civilization 2.5 theory offers a more fundamental explanation of the underlying cause.</li><li>Both bears and bulls can benefit from them and make more informed decisions.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0942ec404ebc02752e62408a90fefc89\" tg-width=\"1080\" tg-height=\"607\" referrerpolicy=\"no-referrer\"/><span>JuSun</span></p><h2>The investment thesis</h2><p>Charlie Munger needs no introduction, but some readers may need a bit more information on Li Lu. They have been close friends for almost 2 decades. Charlie Munger described Li Lu as the “Chinese Warren Buffett.” And to Li Lu, Munger has been a &#34;mentor and good friend&#34; (in Li Lu&#39;s own words). The following brief bio taken from Wikipedia provides a bit more info on Li Lu (slightly edited by me):</p><blockquote>Li Lu (born April 6, 1966) is a Chinese-born American value investor, businessman, and philanthropist. In 1997, he founded Himalaya Capital Management, known for its disciplined and value-oriented approach to investing. Li met Charlie Munger on Thanksgiving 2003 and they have been friends since. With Munger&#39;s help, Li transformed his hedge fund into a long-only investment vehicle which is currently focused on global investment opportunities. Munger has stated that Li Lu is the only outside manager he’s ever invested with and he’s described him as the “Chinese Warren Buffett.” Li Lu has been known as the man who introduced the Chinese battery and electric car maker BYD Company to Charlie Munger and Warren Buffett.</blockquote><p>It is interesting to observe that these two investors, who share both close friendship and also investing principles, diverge starkly on Alibaba Group Holding Limited (NYSE:BABA,OTCPK:BABAF). Munger has a large position in BABA, but Li Lu does not. And this leads us to the main topic of today. You will see a comparison of their views and actions best illustrates the opportunities and risks associated with the BABA investment. On the one side, the current BABA situation presents an opportunity to buy a good business on the operation table, a hallmark investment strategy from Munger. On the other hand, this article will also dive into the view of Li Lu, especially his view on the civilization 2.5 status in China, as elaborated immediately below.</p><h2>Li Lu, BABA, and Civilization 2.5</h2><p>Li Lu’s current holdings in his Himalaya Capital Management are shown in the chart below. As mentioned above, Munger described him as the “Chinese Warren Buffett.” But from his holdings, he is more Buffett than Buffett himself in terms of concentration. His portfolio consists of a total of 6 positions only and the largest position - Micron (MU) - represents almost 34% of the total portfolio size.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0cfbdc8a33a6b476b854ac581dd6f60\" tg-width=\"640\" tg-height=\"157\" referrerpolicy=\"no-referrer\"/><span>Source: dataroma.com</span></p><p>You can also see that half of his picks overlap with Munger and Warren Buffett. All three of them like Bank of America (BAC), Apple (AAPL), and of course Berkshire Hathaway (BRK.A,BRK.B).</p><p>However, BABA is where he and Munger diverge. As to be detailed in the next Section, Munger holds a sizeable BABA position, but Li Lu does not. So naturally, it triggers the question: Why? Seeking Alpha authors have detailed many risks such as VIE, delisting, et al. To me, these are symptoms. In my view, Li Lu’s following Civilization 2.5 theory offers a more fundamental explanation of the underlying cause. The theory was presented in a lecture he gave in 2015, and I think it is worth quoting in full (the emphases were added by me). And readers are highly encouraged to read the transcript in its entirety:</p><blockquote>I believe China is at interim stage between Civilization 2.0 and Civilization 3.0.<i>Let’s call it Civilization 2.5. China has come a long way but still has a long road ahead.</i>Therefore, <i>I think there is a high probability that China will continue on the main track of Civilization 3.0, as the cost of deviation is very high.</i>If you have a good understanding of China’s culture, people and history, you will agree that China will forge forward. This is particularly the case now that you have a better understanding of the essence of modern civilization. There is almost no chance of China leaving the common market, and the probability of China changing its market rules is also very small. Thus, it is highly probable that, in the next 2 to 3 decades, China will remain in the global market system, and adhere to free market principles, in addition to promoting science &amp; technology development.</blockquote><p>It will take time to go from Civilization 2.5 to 3.0. And surprises and setbacks like VIE and delisting are likely (plus a bunch more that we cannot even imagine today). So, given the timeframe and uncertainties, it is an understandable decision that some investors, Li Lu himself included, decided to stay on the sideline.</p><p>While Munger, apparently focused more on the opportunity side of the coin given that China will have no choice but to keep upgrading to 3.0 because “the cost of deviation is very high.” And we will elaborate on Munger&#39;s thinking and actions immediately below.</p><h2>Munger and BABA</h2><p>The following chart summarizes the key events that led to Munger’s actions. As you can see from the chart below, he started buying BABA shares in 2021 Q1, after a large correction in its share price caused by the cancellation of the highly anticipated Ant Group IPO. He then doubled down his stake in Alibaba twice: first in 2021 Q3, and then again in 2021 Q4.</p><p>There are certainly good reasons for Munger’s decision. In the near term, the market reacted too quickly to a series of short-term events based on perception (based on the information available at that time). And there is no lack of major events in the past 1 or 2 years as summarized in the chart (including a war, specifically the Russian/Ukraine war). As a result, even though BABA’s core business is intact, its valuation became too compressed when Munger pulled the trigger to double down his bets. It is a textbook reflection of his wisdom of buying a good business on the operating table. At the prices he bought into BABA, it was valued as a terminally cheap and stagnating business, while its core fundamentals not only remain intact but also well-positioned for growth.</p><p>In the longer term, as just mentioned, not only China will continue to upgrade to Civilization 3.0, but also other countries in the Asian Pacific region. And such an upgrade will present spectacular growth opportunities, and BABA is well-positioned to benefit from such an upgrade, as to be discussed next.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5f64d51b9956d82d5a712c375aa004d1\" tg-width=\"640\" tg-height=\"266\" referrerpolicy=\"no-referrer\"/><span>Source: Author based on Yahoo data</span></p><h2>The upgrade to civilization 3.0 and BABA</h2><p>It is an unstopped trend that our world is moving toward e-commerce, and the epicenter of the remaining movement will be China and the Asian-Pacific region. Even though many of us are already impressed by the success of e-commerce giants like BABA and Amazon (AMZN), the movement toward e-commerce has just actually gotten started and the bulk of the growth is yet to come. The global e-commerce market size was valued at USD 9.09 trillion in 2019 and is expected to grow at a compound annual growth rate (&#34;CAGR&#34;) of 14.7% from 2020 to 2027. The secular support is even stronger for BABA as the Asia Pacific region is already dominating the market for e-commerce with a share of 55.3% in 2019. Furthermore, this region is expected to witness the fastest growth from 2020 to 2027 as seen below. Even by as early as 2023 – in about 2 years that is - retail e-commerce sales in Asia-Pacific are projected to be greater than the rest of the world combined.</p><p><img src=\"https://static.tigerbbs.com/3e1c49046f66ec88ec7e79914feb0658\" tg-width=\"640\" tg-height=\"335\" referrerpolicy=\"no-referrer\"/></p><p>And BABA stands best poised to benefit from this upgrade, especially from the Asian-Pacific momentum. As argued in my earlier article:</p><blockquote><i>Capitalizing on the continued e-commerce growth requires a combination of scale and reach, government support, and technology. And also, finally, geographical proximity and cultural compatibility certainly help. And BABA has all these stars aligned for its further expansion – especially in the Asian-Pacific region. The China government might be tightening its regulations on its domestic market, but it certainly encourages the overseas expansion of its tech giants like BABA. And BABA has already accomplished a substantial lead in capturing overseas markets, with its close neighbors such as Indonesia and Vietnam posting revenue growth of over 100% YoY recently.</i></blockquote><p>Risks and final thoughts</p><p>To recap, the current BABA situation is a textbook example of high-risk and high-return investment opportunities. There are plenty of risks in the near term and also in the long term. There has been no lack of major events in the past 1- or 2-years surrounding BABA (Ant IPO, fine, VEI, delisting, et al). In the near term, the China-U.S. trade tension and global geopolitical frictions will keep the stock prices in a highly volatile state. And I am sure there be more hiccups and surprises that investors have not thought about yet showing up in the near future.</p><p>In the long term, China is going through an upgrade from civilization 2.5 to 3.0. I agree with Li Lu’s view that China will have no choice but to keep upgrading to 3.0 because “the cost of deviation is very high.” But at the same time, the path of the upgrade will be long and full of setbacks. Independent thinkers like Munger and Li, despite their opposite actions, are essentially betting on the two sides of the same coin.</p><p>I am siding with Munger there and betting on the opportunity side. All the risks and opportunities mentioned above should apply equally to major China tech firms. However, I think the market now overly exaggerates the risk side for BABA and underestimates the opportunity side, creating an asymmetric opportunity. As you can see from the following chart, both the valuation of BABA and JD.com (JD) has been compressed substantially in the past two years. You can see that by the downward trend of the three-year medium of their price to CFO multiple. Despite the common risks/opportunities and also comparable (or even superior profitability as argued in our recent article), BABA was so much more compressed than JD. Its current P/CFO stands at only 10.55x, about 25% below JD’s 13,.98x, and a whopping 43% below its 3-year median of 18.44x.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c588d4b31a546d6b45775d98e8bd545b\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\"/><span>This article was written by</span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: The Charlie Munger And Li Lu Divergence</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: The Charlie Munger And Li Lu Divergence\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-21 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4541883-alibaba-the-charlie-munger-and-li-lu-divergence><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGreat minds think alike. But what is even more interesting is when they do not.Two of the most successful investors of our time, Charlie Munger and Li Lu, diverge starkly on Alibaba.A ...</p>\n\n<a href=\"https://seekingalpha.com/article/4541883-alibaba-the-charlie-munger-and-li-lu-divergence\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4541883-alibaba-the-charlie-munger-and-li-lu-divergence","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268917780","content_text":"SummaryGreat minds think alike. But what is even more interesting is when they do not.Two of the most successful investors of our time, Charlie Munger and Li Lu, diverge starkly on Alibaba.A comparison of their views and actions best illustrates the opportunities and risks associated with the investment.Risks commonly mentioned (VIE, delisting, etc.) are all symptoms to me, while Li Lu’s Civilization 2.5 theory offers a more fundamental explanation of the underlying cause.Both bears and bulls can benefit from them and make more informed decisions.JuSunThe investment thesisCharlie Munger needs no introduction, but some readers may need a bit more information on Li Lu. They have been close friends for almost 2 decades. Charlie Munger described Li Lu as the “Chinese Warren Buffett.” And to Li Lu, Munger has been a \"mentor and good friend\" (in Li Lu's own words). The following brief bio taken from Wikipedia provides a bit more info on Li Lu (slightly edited by me):Li Lu (born April 6, 1966) is a Chinese-born American value investor, businessman, and philanthropist. In 1997, he founded Himalaya Capital Management, known for its disciplined and value-oriented approach to investing. Li met Charlie Munger on Thanksgiving 2003 and they have been friends since. With Munger's help, Li transformed his hedge fund into a long-only investment vehicle which is currently focused on global investment opportunities. Munger has stated that Li Lu is the only outside manager he’s ever invested with and he’s described him as the “Chinese Warren Buffett.” Li Lu has been known as the man who introduced the Chinese battery and electric car maker BYD Company to Charlie Munger and Warren Buffett.It is interesting to observe that these two investors, who share both close friendship and also investing principles, diverge starkly on Alibaba Group Holding Limited (NYSE:BABA,OTCPK:BABAF). Munger has a large position in BABA, but Li Lu does not. And this leads us to the main topic of today. You will see a comparison of their views and actions best illustrates the opportunities and risks associated with the BABA investment. On the one side, the current BABA situation presents an opportunity to buy a good business on the operation table, a hallmark investment strategy from Munger. On the other hand, this article will also dive into the view of Li Lu, especially his view on the civilization 2.5 status in China, as elaborated immediately below.Li Lu, BABA, and Civilization 2.5Li Lu’s current holdings in his Himalaya Capital Management are shown in the chart below. As mentioned above, Munger described him as the “Chinese Warren Buffett.” But from his holdings, he is more Buffett than Buffett himself in terms of concentration. His portfolio consists of a total of 6 positions only and the largest position - Micron (MU) - represents almost 34% of the total portfolio size.Source: dataroma.comYou can also see that half of his picks overlap with Munger and Warren Buffett. All three of them like Bank of America (BAC), Apple (AAPL), and of course Berkshire Hathaway (BRK.A,BRK.B).However, BABA is where he and Munger diverge. As to be detailed in the next Section, Munger holds a sizeable BABA position, but Li Lu does not. So naturally, it triggers the question: Why? Seeking Alpha authors have detailed many risks such as VIE, delisting, et al. To me, these are symptoms. In my view, Li Lu’s following Civilization 2.5 theory offers a more fundamental explanation of the underlying cause. The theory was presented in a lecture he gave in 2015, and I think it is worth quoting in full (the emphases were added by me). And readers are highly encouraged to read the transcript in its entirety:I believe China is at interim stage between Civilization 2.0 and Civilization 3.0.Let’s call it Civilization 2.5. China has come a long way but still has a long road ahead.Therefore, I think there is a high probability that China will continue on the main track of Civilization 3.0, as the cost of deviation is very high.If you have a good understanding of China’s culture, people and history, you will agree that China will forge forward. This is particularly the case now that you have a better understanding of the essence of modern civilization. There is almost no chance of China leaving the common market, and the probability of China changing its market rules is also very small. Thus, it is highly probable that, in the next 2 to 3 decades, China will remain in the global market system, and adhere to free market principles, in addition to promoting science & technology development.It will take time to go from Civilization 2.5 to 3.0. And surprises and setbacks like VIE and delisting are likely (plus a bunch more that we cannot even imagine today). So, given the timeframe and uncertainties, it is an understandable decision that some investors, Li Lu himself included, decided to stay on the sideline.While Munger, apparently focused more on the opportunity side of the coin given that China will have no choice but to keep upgrading to 3.0 because “the cost of deviation is very high.” And we will elaborate on Munger's thinking and actions immediately below.Munger and BABAThe following chart summarizes the key events that led to Munger’s actions. As you can see from the chart below, he started buying BABA shares in 2021 Q1, after a large correction in its share price caused by the cancellation of the highly anticipated Ant Group IPO. He then doubled down his stake in Alibaba twice: first in 2021 Q3, and then again in 2021 Q4.There are certainly good reasons for Munger’s decision. In the near term, the market reacted too quickly to a series of short-term events based on perception (based on the information available at that time). And there is no lack of major events in the past 1 or 2 years as summarized in the chart (including a war, specifically the Russian/Ukraine war). As a result, even though BABA’s core business is intact, its valuation became too compressed when Munger pulled the trigger to double down his bets. It is a textbook reflection of his wisdom of buying a good business on the operating table. At the prices he bought into BABA, it was valued as a terminally cheap and stagnating business, while its core fundamentals not only remain intact but also well-positioned for growth.In the longer term, as just mentioned, not only China will continue to upgrade to Civilization 3.0, but also other countries in the Asian Pacific region. And such an upgrade will present spectacular growth opportunities, and BABA is well-positioned to benefit from such an upgrade, as to be discussed next.Source: Author based on Yahoo dataThe upgrade to civilization 3.0 and BABAIt is an unstopped trend that our world is moving toward e-commerce, and the epicenter of the remaining movement will be China and the Asian-Pacific region. Even though many of us are already impressed by the success of e-commerce giants like BABA and Amazon (AMZN), the movement toward e-commerce has just actually gotten started and the bulk of the growth is yet to come. The global e-commerce market size was valued at USD 9.09 trillion in 2019 and is expected to grow at a compound annual growth rate (\"CAGR\") of 14.7% from 2020 to 2027. The secular support is even stronger for BABA as the Asia Pacific region is already dominating the market for e-commerce with a share of 55.3% in 2019. Furthermore, this region is expected to witness the fastest growth from 2020 to 2027 as seen below. Even by as early as 2023 – in about 2 years that is - retail e-commerce sales in Asia-Pacific are projected to be greater than the rest of the world combined.And BABA stands best poised to benefit from this upgrade, especially from the Asian-Pacific momentum. As argued in my earlier article:Capitalizing on the continued e-commerce growth requires a combination of scale and reach, government support, and technology. And also, finally, geographical proximity and cultural compatibility certainly help. And BABA has all these stars aligned for its further expansion – especially in the Asian-Pacific region. The China government might be tightening its regulations on its domestic market, but it certainly encourages the overseas expansion of its tech giants like BABA. And BABA has already accomplished a substantial lead in capturing overseas markets, with its close neighbors such as Indonesia and Vietnam posting revenue growth of over 100% YoY recently.Risks and final thoughtsTo recap, the current BABA situation is a textbook example of high-risk and high-return investment opportunities. There are plenty of risks in the near term and also in the long term. There has been no lack of major events in the past 1- or 2-years surrounding BABA (Ant IPO, fine, VEI, delisting, et al). In the near term, the China-U.S. trade tension and global geopolitical frictions will keep the stock prices in a highly volatile state. And I am sure there be more hiccups and surprises that investors have not thought about yet showing up in the near future.In the long term, China is going through an upgrade from civilization 2.5 to 3.0. I agree with Li Lu’s view that China will have no choice but to keep upgrading to 3.0 because “the cost of deviation is very high.” But at the same time, the path of the upgrade will be long and full of setbacks. Independent thinkers like Munger and Li, despite their opposite actions, are essentially betting on the two sides of the same coin.I am siding with Munger there and betting on the opportunity side. All the risks and opportunities mentioned above should apply equally to major China tech firms. However, I think the market now overly exaggerates the risk side for BABA and underestimates the opportunity side, creating an asymmetric opportunity. As you can see from the following chart, both the valuation of BABA and JD.com (JD) has been compressed substantially in the past two years. You can see that by the downward trend of the three-year medium of their price to CFO multiple. Despite the common risks/opportunities and also comparable (or even superior profitability as argued in our recent article), BABA was so much more compressed than JD. Its current P/CFO stands at only 10.55x, about 25% below JD’s 13,.98x, and a whopping 43% below its 3-year median of 18.44x.This article was written by","news_type":1},"isVote":1,"tweetType":1,"viewCount":673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937117157,"gmtCreate":1663379083980,"gmtModify":1676537261985,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937117157","repostId":"1160797562","repostType":4,"repost":{"id":"1160797562","kind":"news","pubTimestamp":1663375818,"share":"https://ttm.financial/m/news/1160797562?lang=&edition=fundamental","pubTime":"2022-09-17 08:50","market":"hk","language":"en","title":"Is It Time for NIO's Stock to Shine? Wall Street Sees Nearly 50% Upside Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=1160797562","media":"TheStreet","summary":"After Q2 earnings, Wall Street analysts remain super-bullish on NIO for the next few months, forecasting the stock to return to the mid-2021 levels.","content":"<html><head></head><body><ul><li>NIO stock has a strong buy consensus among Wall Street analysts.</li></ul><ul><li>In the last five days, amid two bullish ratings, NIO stock has soared nearly 30%.</li></ul><ul><li>Deutsche Bank&#39;s analysts have named NIO its top Chinese EV pick.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81d787a2b50f2c525a145369edfc189d\" tg-width=\"1240\" tg-height=\"827\" width=\"100%\" height=\"auto\"/><span>Figure 1: Is It Time for NIO&#39;s Stock to Shine? Wall Street Sees Nearly 50% Upside Ahead</span></p><p><b>The Wall Street Consensus on NIO</b></p><p>There is not a single Wall Street analyst who is bearish on <b>NIO</b> (<b>NIO</b>) stock. Among the nine analysts who have covered the stock over the past three months, all but one have a buy recommendation:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af2115bdd8de069a9c9feedb36a9bc6e\" tg-width=\"517\" tg-height=\"395\" width=\"100%\" height=\"auto\"/><span>Figure 2: NIO&#39;s consensus analyst rating.</span></p><p>With a median target price of $31.84, this implies an upside potential of about 47% in NIO shares, considering the last share price of $21.5 per share.</p><p><b>NIO Is Deutsche Bank&#39;s Top Pick</b></p><p>A few days ago, Deutsche Bank analyst Edison Yu named NIO his top pick among Chinese electric vehicle (EV) makers. According to Yu, sales of NIO&#39;s older models continue to be healthy. And NIO&#39;s premium ET5 sedan is also selling well, based on early feedback.</p><p>In a note to his clients, Yu also said that the time has finally come for NIO stock to &#34;shine bright.&#34;</p><p>With that, the Deutsche Bank analyst revealed his bullish price target on NIO of $39 per share — which implies an upside potential of over 80% from the current price of $21.40 per share.</p><p>Thanks to this new price target, plus another bullish rating from Bank of America analyst Ming-Hsun Lee, NIO shares soared 12% during the September 12 trading session.</p><p><b>Focusing on NIO&#39;s Strong Volume Growth From Q4 Through 2023</b></p><p>Analyst Bo Pei of US Tiger Securities recently lowered his price target from $35 to $32 after NIO&#39;s second-quarter (Q2) results, although he kept his buy recommendation on the stock.</p><p>Pei noted that NIO&#39;s Q2 results were largely in line with expectations. But its guidance for the third quarter was below the consensus due to external factors that should ease in the fourth quarter, when he expects volume to rebound.</p><p>With Q2 deliveries being pre-announced, investors are focused on Q2 margins and the second-half outlook. The analyst pointed out that the drop in vehicle margins of 16.7% was due to increased battery costs.</p><p>In addition, the Tiger Securities analyst pointed out that NIO is still hoping to deliver 100,000 vehicles in the second half, implying that at least 67,000 will be delivered — which is already double the Q3 guidance.</p><p>Even though it&#39;s an ambitious goal, the new ET5 and ES7 models should drivegrowth volume and make this goal achievable. Finally, the analyst also wrote that he thinks that, in Q3, vehicle margins should also increase due to the improved mix shift, along with price hikes.</p><p><b>Our Take</b></p><p>Based on the macroeconomic backdrop and the latest Consumer Price Index (CPIDas ) data, it&#39;s likely higher interest rates will persist.</p><p>Thus, growth stocks like NIO should continue to be impacted in the near term, because their future earnings are less attractive than bonds, which pay more competitive yields in periods like the present.</p><p>This year alone, NIO&#39;s shares have already lost about 34% of their value. This is also due to the influence of delisting risks amid the regulatory conflicts between the U.S. and China.</p><p>In any case, the path for NIO should continue to be bumpy. But Wall Street thinks the future still looks bright for this stock. Analysts expect NIO&#39;s sales growth to be 78% next year, versus an industry consensus of 34% for the broader EV market.</p><p>In addition, its innovative fast-charging swapping battery technology puts NIO one step ahead of its European and U.S. competitors. NIO&#39;s entry into the European market — including the launch of a manufacturing facility in Europe — are also further indications of exponential growth in the long term.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is It Time for NIO's Stock to Shine? Wall Street Sees Nearly 50% Upside Ahead</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs It Time for NIO's Stock to Shine? Wall Street Sees Nearly 50% Upside Ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-17 08:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/reddit-trends/is-it-time-for-nios-stock-to-shine-wall-street-sees-nearly-50-upside-ahead><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NIO stock has a strong buy consensus among Wall Street analysts.In the last five days, amid two bullish ratings, NIO stock has soared nearly 30%.Deutsche Bank's analysts have named NIO its top Chinese...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/reddit-trends/is-it-time-for-nios-stock-to-shine-wall-street-sees-nearly-50-upside-ahead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://www.thestreet.com/memestocks/reddit-trends/is-it-time-for-nios-stock-to-shine-wall-street-sees-nearly-50-upside-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160797562","content_text":"NIO stock has a strong buy consensus among Wall Street analysts.In the last five days, amid two bullish ratings, NIO stock has soared nearly 30%.Deutsche Bank's analysts have named NIO its top Chinese EV pick.Figure 1: Is It Time for NIO's Stock to Shine? Wall Street Sees Nearly 50% Upside AheadThe Wall Street Consensus on NIOThere is not a single Wall Street analyst who is bearish on NIO (NIO) stock. Among the nine analysts who have covered the stock over the past three months, all but one have a buy recommendation:Figure 2: NIO's consensus analyst rating.With a median target price of $31.84, this implies an upside potential of about 47% in NIO shares, considering the last share price of $21.5 per share.NIO Is Deutsche Bank's Top PickA few days ago, Deutsche Bank analyst Edison Yu named NIO his top pick among Chinese electric vehicle (EV) makers. According to Yu, sales of NIO's older models continue to be healthy. And NIO's premium ET5 sedan is also selling well, based on early feedback.In a note to his clients, Yu also said that the time has finally come for NIO stock to \"shine bright.\"With that, the Deutsche Bank analyst revealed his bullish price target on NIO of $39 per share — which implies an upside potential of over 80% from the current price of $21.40 per share.Thanks to this new price target, plus another bullish rating from Bank of America analyst Ming-Hsun Lee, NIO shares soared 12% during the September 12 trading session.Focusing on NIO's Strong Volume Growth From Q4 Through 2023Analyst Bo Pei of US Tiger Securities recently lowered his price target from $35 to $32 after NIO's second-quarter (Q2) results, although he kept his buy recommendation on the stock.Pei noted that NIO's Q2 results were largely in line with expectations. But its guidance for the third quarter was below the consensus due to external factors that should ease in the fourth quarter, when he expects volume to rebound.With Q2 deliveries being pre-announced, investors are focused on Q2 margins and the second-half outlook. The analyst pointed out that the drop in vehicle margins of 16.7% was due to increased battery costs.In addition, the Tiger Securities analyst pointed out that NIO is still hoping to deliver 100,000 vehicles in the second half, implying that at least 67,000 will be delivered — which is already double the Q3 guidance.Even though it's an ambitious goal, the new ET5 and ES7 models should drivegrowth volume and make this goal achievable. Finally, the analyst also wrote that he thinks that, in Q3, vehicle margins should also increase due to the improved mix shift, along with price hikes.Our TakeBased on the macroeconomic backdrop and the latest Consumer Price Index (CPIDas ) data, it's likely higher interest rates will persist.Thus, growth stocks like NIO should continue to be impacted in the near term, because their future earnings are less attractive than bonds, which pay more competitive yields in periods like the present.This year alone, NIO's shares have already lost about 34% of their value. This is also due to the influence of delisting risks amid the regulatory conflicts between the U.S. and China.In any case, the path for NIO should continue to be bumpy. But Wall Street thinks the future still looks bright for this stock. Analysts expect NIO's sales growth to be 78% next year, versus an industry consensus of 34% for the broader EV market.In addition, its innovative fast-charging swapping battery technology puts NIO one step ahead of its European and U.S. competitors. NIO's entry into the European market — including the launch of a manufacturing facility in Europe — are also further indications of exponential growth in the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935629680,"gmtCreate":1663083291240,"gmtModify":1676537199676,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935629680","repostId":"1189570916","repostType":4,"repost":{"id":"1189570916","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":1663080528,"share":"https://ttm.financial/m/news/1189570916?lang=&edition=fundamental","pubTime":"2022-09-13 22:48","market":"us","language":"en","title":"Stock Sell-Off Deepens, Dow Drops 800 Points Following Hot Inflation Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1189570916","media":"Tiger Newspress","summary":"Stocks fell sharply on Tuesday after a keyAugust inflation reportcame in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve.The Dow Jones Industri","content":"<html><head></head><body><p>Stocks fell sharply on Tuesday after a keyAugust inflation reportcame in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve.</p><p>The Dow Jones Industrial Average slid 818 points, or 2.5%. The S&amp;P 500 dropped 2.9%, and the Nasdaq Composite sank 3.6%.</p><p>More than 490 stocks in the S&amp;P 500 fell, with Facebook-parent Meta dropping 7.6% and Caesars Entertainment losing 6.7%.</p><p>The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month. On a year-over-year basis, inflation was 8.3%.</p><p>Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.</p><p>The report is one of the last the Fed will see ahead of their Sept. 20-21 meeting, where the central bank is expected to deliver theirthird consecutive 0.75 percentage point interest rate hiketo tamp down inflation. The unexpectedly high August report could lead the Fed to continue its aggressive hikes longer than some investors anticipated.</p><p>The moves comes after four straight positive sessions for U.S. stocks, which were bolstered in part by the belief of many investors that inflation had already peaked.</p><p>“The CPI report was an unequivocal negative for equity markets. The hotter than expected report means we will get continued pressure from Fed policy via rate hikes,” said Matt Peron, director of research at Janus Henderson Investors. “It also pushes back any ‘Fed pivot’ that the markets were hopeful for in the near term. As we have cautioned over the past months, we are not out of the woods yet and would maintain a defensive posture with equity and sector allocations.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Sell-Off Deepens, Dow Drops 800 Points Following Hot Inflation Report</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\">\nStock Sell-Off Deepens, Dow Drops 800 Points Following Hot Inflation Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-13 22:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks fell sharply on Tuesday after a keyAugust inflation reportcame in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve.</p><p>The Dow Jones Industrial Average slid 818 points, or 2.5%. The S&amp;P 500 dropped 2.9%, and the Nasdaq Composite sank 3.6%.</p><p>More than 490 stocks in the S&amp;P 500 fell, with Facebook-parent Meta dropping 7.6% and Caesars Entertainment losing 6.7%.</p><p>The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month. On a year-over-year basis, inflation was 8.3%.</p><p>Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.</p><p>The report is one of the last the Fed will see ahead of their Sept. 20-21 meeting, where the central bank is expected to deliver theirthird consecutive 0.75 percentage point interest rate hiketo tamp down inflation. The unexpectedly high August report could lead the Fed to continue its aggressive hikes longer than some investors anticipated.</p><p>The moves comes after four straight positive sessions for U.S. stocks, which were bolstered in part by the belief of many investors that inflation had already peaked.</p><p>“The CPI report was an unequivocal negative for equity markets. The hotter than expected report means we will get continued pressure from Fed policy via rate hikes,” said Matt Peron, director of research at Janus Henderson Investors. “It also pushes back any ‘Fed pivot’ that the markets were hopeful for in the near term. As we have cautioned over the past months, we are not out of the woods yet and would maintain a defensive posture with equity and sector allocations.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189570916","content_text":"Stocks fell sharply on Tuesday after a keyAugust inflation reportcame in hotter than expected, hurting investor optimism for cooling prices and a less aggressive Federal Reserve.The Dow Jones Industrial Average slid 818 points, or 2.5%. The S&P 500 dropped 2.9%, and the Nasdaq Composite sank 3.6%.More than 490 stocks in the S&P 500 fell, with Facebook-parent Meta dropping 7.6% and Caesars Entertainment losing 6.7%.The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month. On a year-over-year basis, inflation was 8.3%.Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.The report is one of the last the Fed will see ahead of their Sept. 20-21 meeting, where the central bank is expected to deliver theirthird consecutive 0.75 percentage point interest rate hiketo tamp down inflation. The unexpectedly high August report could lead the Fed to continue its aggressive hikes longer than some investors anticipated.The moves comes after four straight positive sessions for U.S. stocks, which were bolstered in part by the belief of many investors that inflation had already peaked.“The CPI report was an unequivocal negative for equity markets. The hotter than expected report means we will get continued pressure from Fed policy via rate hikes,” said Matt Peron, director of research at Janus Henderson Investors. “It also pushes back any ‘Fed pivot’ that the markets were hopeful for in the near term. As we have cautioned over the past months, we are not out of the woods yet and would maintain a defensive posture with equity and sector allocations.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932332083,"gmtCreate":1662872253943,"gmtModify":1676537155642,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9932332083","repostId":"2266398293","repostType":4,"isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938341786,"gmtCreate":1662564925545,"gmtModify":1676537089571,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938341786","repostId":"1122642943","repostType":4,"repost":{"id":"1122642943","kind":"news","pubTimestamp":1662564191,"share":"https://ttm.financial/m/news/1122642943?lang=&edition=fundamental","pubTime":"2022-09-07 23:23","market":"us","language":"en","title":"QQQ: The Nasdaq 100 Declines May Have Only Just Begun","url":"https://stock-news.laohu8.com/highlight/detail?id=1122642943","media":"Seeking Alpha","summary":"SummaryRates are rising to new cycle highs.The dollar is rising to new cycle lows.Which means the QQ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Rates are rising to new cycle highs.</li><li>The dollar is rising to new cycle lows.</li><li>Which means the QQQ ETF may soon be sinking to a new low.</li></ul><p>The economic data of the last couple of trading sessions has confirmed no recession here in the US. Has growth slowed? Sure, but slowing growth is not the same as a recession. Yes, we have had two quarters of negative GDP, but that&#39;s primarily due to the higher prices and the adverse effects on the calculations.</p><p>Today&#39;s ISM service data was solid and suggested the US economy is growing at a healthy2.5% annualized rate. This growth seems very strong, especially given the high prices in the economy and the aggressive tightening of financial conditions.</p><p>The strong data is sending yields and the dollar sharply higher. The dollar index is now at its highest point since June 2002, while the 30-yr yield is on the cusp of surpassing its November 2018 and June 2022 highs of around 3.5%. On top of that real rates are also surging, with the 5-yr TIP and 10-yr TIP Rates trading at their cycle highs.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/198e0d8d97f0800506eb68746835126c\" tg-width=\"640\" tg-height=\"248\" referrerpolicy=\"no-referrer\"/><span>Bloomberg</span></p><p>With the dollar and rates trading at or near cycles, one would expect equities prices, particularly the Nasdaq 100 ETF (NASDAQ:QQQ), to be trading at new cycle lows. After all, that has been the pattern of 2022, as the TIP ETF has continued to pave the way for the Nasdaq 100 for more than five years.</p><p><img src=\"https://static.tigerbbs.com/029431c387b60a5b4266b7aa5ed56a7d\" tg-width=\"640\" tg-height=\"300\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>The QQQ has not revisited its lows of approximately $270 witnessed on June 16, remaining roughly 10% higher, which would suggest that the QQQ is overvalued versus the iShares TIPS BOND ETF (TIP) and could see further losses in the near term. The higher yields rise, the lower the TIP ETF sinks, and the greater the downside risk for the QQQ ETF.</p><p><b>Real Rates vs. Earnings Yield</b></p><p>One way to check against this is to look at the spread between the Nasdaq 100 earnings yield and the current 10-Yr TIP Rate. Currently, that spread is 3.6%, and despite the Nasdaq 100 trading more than 25% off its November 2021 intraday highs, the index is more expensive today versus the 10-yr real yield than at any other point since 2010.</p><p><img src=\"https://static.tigerbbs.com/f076c50f0c153254520cd2467c4115d1\" tg-width=\"640\" tg-height=\"299\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>It&#39;s remarkable because the falling Nasdaq hasn&#39;t kept pace with the rising 10-Yr real yield. If the Nasdaq had been keeping pace, the spread with the 10-yr real rate wouldn&#39;t have sunk so low. This can only suggest two things: 1) real yields are too high, or 2) the Nasdaq has much further to fall. Given the path the Fed is taking, the general trend in rates, and the dollar, it seems hard to argue that TIP rates are too high.</p><p><b>A Return To The Norms</b></p><p>Over the past five years, the average spread between the NASDAQ earnings yield and the 10-yr TIP rate has been around 4.25% and within a one standard deviation range of 3.95% to 4.50%. Assuming the 10-Yr TIP trades sideways for the next couple of weeks and remains at 85 bps, the earnings yield of the Nasdaq 100 would need to rise to 4.80% from its current 4.45% or roughly 35 bps for the spread to return to 3.95%. For the spread to rise back to the average of 4.25%, the earnings yield would need to rise to 5.1%, or by nearly 65 bps.</p><p><img src=\"https://static.tigerbbs.com/e289a55e485170e51b0f7c556a13ef45\" tg-width=\"640\" tg-height=\"246\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>It doesn&#39;t sound like much, but an earnings yield of 4.80% is equivalent to a PE ratio of 20.8 versus the current PE ratio of 22.5. That would amount to a decline in the Nasdaq of about 7%. Meanwhile, a 5.1% earnings yield on the Nasdaq 100 equals a PE ratio of 19.6 or a decrease of about 13%. This would amount to the QQQ dropping in a range of 7% to 13% or between $255 to $273.</p><p><img src=\"https://static.tigerbbs.com/1a0e5954648e29542bc02f5cf5e8f676\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>It would confirm what the TIP ETF is suggesting, that the QQQ ETF should be making lows as the TIP makes new lows. Because at the end of the day, higher rates, a strong dollar, and tighter financial conditions will continue to be bad news for stocks as they have been for all of 2022.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>QQQ: The Nasdaq 100 Declines May Have Only Just Begun</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\">\nQQQ: The Nasdaq 100 Declines May Have Only Just Begun\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4539196-qqq-nasdaq-100-declines-have-only-just-begun><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryRates are rising to new cycle highs.The dollar is rising to new cycle lows.Which means the QQQ ETF may soon be sinking to a new low.The economic data of the last couple of trading sessions has ...</p>\n\n<a href=\"https://seekingalpha.com/article/4539196-qqq-nasdaq-100-declines-have-only-just-begun\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF"},"source_url":"https://seekingalpha.com/article/4539196-qqq-nasdaq-100-declines-have-only-just-begun","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122642943","content_text":"SummaryRates are rising to new cycle highs.The dollar is rising to new cycle lows.Which means the QQQ ETF may soon be sinking to a new low.The economic data of the last couple of trading sessions has confirmed no recession here in the US. Has growth slowed? Sure, but slowing growth is not the same as a recession. Yes, we have had two quarters of negative GDP, but that's primarily due to the higher prices and the adverse effects on the calculations.Today's ISM service data was solid and suggested the US economy is growing at a healthy2.5% annualized rate. This growth seems very strong, especially given the high prices in the economy and the aggressive tightening of financial conditions.The strong data is sending yields and the dollar sharply higher. The dollar index is now at its highest point since June 2002, while the 30-yr yield is on the cusp of surpassing its November 2018 and June 2022 highs of around 3.5%. On top of that real rates are also surging, with the 5-yr TIP and 10-yr TIP Rates trading at their cycle highs.BloombergWith the dollar and rates trading at or near cycles, one would expect equities prices, particularly the Nasdaq 100 ETF (NASDAQ:QQQ), to be trading at new cycle lows. After all, that has been the pattern of 2022, as the TIP ETF has continued to pave the way for the Nasdaq 100 for more than five years.BloombergThe QQQ has not revisited its lows of approximately $270 witnessed on June 16, remaining roughly 10% higher, which would suggest that the QQQ is overvalued versus the iShares TIPS BOND ETF (TIP) and could see further losses in the near term. The higher yields rise, the lower the TIP ETF sinks, and the greater the downside risk for the QQQ ETF.Real Rates vs. Earnings YieldOne way to check against this is to look at the spread between the Nasdaq 100 earnings yield and the current 10-Yr TIP Rate. Currently, that spread is 3.6%, and despite the Nasdaq 100 trading more than 25% off its November 2021 intraday highs, the index is more expensive today versus the 10-yr real yield than at any other point since 2010.BloombergIt's remarkable because the falling Nasdaq hasn't kept pace with the rising 10-Yr real yield. If the Nasdaq had been keeping pace, the spread with the 10-yr real rate wouldn't have sunk so low. This can only suggest two things: 1) real yields are too high, or 2) the Nasdaq has much further to fall. Given the path the Fed is taking, the general trend in rates, and the dollar, it seems hard to argue that TIP rates are too high.A Return To The NormsOver the past five years, the average spread between the NASDAQ earnings yield and the 10-yr TIP rate has been around 4.25% and within a one standard deviation range of 3.95% to 4.50%. Assuming the 10-Yr TIP trades sideways for the next couple of weeks and remains at 85 bps, the earnings yield of the Nasdaq 100 would need to rise to 4.80% from its current 4.45% or roughly 35 bps for the spread to return to 3.95%. For the spread to rise back to the average of 4.25%, the earnings yield would need to rise to 5.1%, or by nearly 65 bps.BloombergIt doesn't sound like much, but an earnings yield of 4.80% is equivalent to a PE ratio of 20.8 versus the current PE ratio of 22.5. That would amount to a decline in the Nasdaq of about 7%. Meanwhile, a 5.1% earnings yield on the Nasdaq 100 equals a PE ratio of 19.6 or a decrease of about 13%. This would amount to the QQQ dropping in a range of 7% to 13% or between $255 to $273.BloombergIt would confirm what the TIP ETF is suggesting, that the QQQ ETF should be making lows as the TIP makes new lows. Because at the end of the day, higher rates, a strong dollar, and tighter financial conditions will continue to be bad news for stocks as they have been for all of 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933391728,"gmtCreate":1662217292565,"gmtModify":1676537019596,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933391728","repostId":"1184784977","repostType":4,"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995143589,"gmtCreate":1661434935443,"gmtModify":1676536517811,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995143589","isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998681563,"gmtCreate":1660980300355,"gmtModify":1676536434951,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998681563","repostId":"2260345221","repostType":4,"repost":{"id":"2260345221","kind":"highlight","pubTimestamp":1661043639,"share":"https://ttm.financial/m/news/2260345221?lang=&edition=fundamental","pubTime":"2022-08-21 09:00","market":"us","language":"en","title":"Own Tesla Stock? You'll Have More Shares After the Stock Split","url":"https://stock-news.laohu8.com/highlight/detail?id=2260345221","media":"Motley Fool","summary":"Tesla's 3-for-1 stock split will take place at the close of trading on August 24, but you don't have to wait to determine how many shares you'll have in your account after the big day.","content":"<html><head></head><body><p><b>Tesla</b> is joining its tech peers in a stock split this year. At the close of trading on August 24th, the electric vehicle maker will proceed with a 3-for-1 stock split.</p><p>If this is the first stock split you&#39;re participating in, we&#39;ll give you the scoop on how stock splits work and how many shares you can expect to have in your account.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21f5974b9fb9775a06b2ede4da1d47a3\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>Welcome to the world of stock splits</h2><p>Tesla isn&#39;t the first company to do a stock split in 2022 and probably won&#39;t be the last. Amazon and Google&#39;s parent Alphabet both completed 20-for-1 stock splits this year, pulling down the price of each individual share from a 4-figure price tag to 3-figures.</p><p>A stock split multiplies the number of shares that a company has outstanding. It does this by dividing a company&#39;s shares into additional shares. This lowers a company&#39;s share price and makes shares prices more affordable for the average investor.</p><p>You can think of a stock split like exchanging a $50 bill for five 10-dollar bills. Although the switch leaves you with more bills in your hand, the total value of your money adds up to the same amount. That&#39;s how a stock split works. You won&#39;t have more money in your account after the stock split, just more shares. If Tesla&#39;s stock is trading at $900 before the stock split, each share will be worth $300 after a 3-for-1 stock split. It all adds up to $900 worth of Tesla stock.</p><h2>How many shares of Tesla will you own after the stock split?</h2><p>You don&#39;t have to wait until the day of Tesla&#39;s stock split to figure out how many shares of stock you will own. Since the shareholders approved a 3-for-1 stock split at the 2022 annual shareholders meeting, you can run the numbers to figure out how many shares you will receive.</p><p>Below, we use Tesla&#39;s 3-for-1 ratio to calculate how many shares you&#39;ll own after August 24. The numbers on the left represent the number of shares you might have had on record as of August 17. The numbers on the right show how your shares will multiply after the stock split.</p><ul><li>1 share of Tesla stock = 3 shares</li><li>5 shares of Tesla stock = 15 shares</li><li>10 shares of Tesla stock = 30 shares</li><li>15 shares of Tesla stock = 45 shares</li><li>20 shares of Tesla stock = 60 shares</li></ul><p>If you never purchased a whole share of Tesla, that&#39;s not a problem. Shareholders with fractional shares will also see a difference in their account. You just need to calculate how many whole shares or partial shares you&#39;ll have after a 3-for-1 stock split based on your current fractional shares.</p><p>But if you participated in Tesla&#39;s last stock split in August 2020, you probably know how it all works. Let&#39;s say you had one share of Tesla before the 5-for-1 stock split. That one share would have turned into five shares in 2020. Now those five shares will turn into 15 shares after the stock split this month.</p><h2>More shares doesn&#39;t mean more profits</h2><p>The thought of more shares flowing into your account can be exciting. But don&#39;t confuse the number of shares with the value of your stocks. A stock split doesn&#39;t alter a company&#39;s total market capitalization or value. It divides shares into bite-sized pieces so that shares can trade at a lower price. The overall value of your shares will remain the same after a stock split.</p><p>So, if you&#39;re searching for long-term profits, make sure you do your research, focus on the fundamentals, and keep your eyes on high-quality businesses. Knowing that you have a good business in your portfolio can make a stock split a bit sweeter.</p></body></html>","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>Own Tesla Stock? You'll Have More Shares After the Stock Split</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\">\nOwn Tesla Stock? You'll Have More Shares After the Stock Split\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-21 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/19/own-tesla-stock-youll-have-more-shares-after-the-s/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is joining its tech peers in a stock split this year. At the close of trading on August 24th, the electric vehicle maker will proceed with a 3-for-1 stock split.If this is the first stock split ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/19/own-tesla-stock-youll-have-more-shares-after-the-s/\">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.fool.com/investing/2022/08/19/own-tesla-stock-youll-have-more-shares-after-the-s/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260345221","content_text":"Tesla is joining its tech peers in a stock split this year. At the close of trading on August 24th, the electric vehicle maker will proceed with a 3-for-1 stock split.If this is the first stock split you're participating in, we'll give you the scoop on how stock splits work and how many shares you can expect to have in your account.Image source: Getty Images.Welcome to the world of stock splitsTesla isn't the first company to do a stock split in 2022 and probably won't be the last. Amazon and Google's parent Alphabet both completed 20-for-1 stock splits this year, pulling down the price of each individual share from a 4-figure price tag to 3-figures.A stock split multiplies the number of shares that a company has outstanding. It does this by dividing a company's shares into additional shares. This lowers a company's share price and makes shares prices more affordable for the average investor.You can think of a stock split like exchanging a $50 bill for five 10-dollar bills. Although the switch leaves you with more bills in your hand, the total value of your money adds up to the same amount. That's how a stock split works. You won't have more money in your account after the stock split, just more shares. If Tesla's stock is trading at $900 before the stock split, each share will be worth $300 after a 3-for-1 stock split. It all adds up to $900 worth of Tesla stock.How many shares of Tesla will you own after the stock split?You don't have to wait until the day of Tesla's stock split to figure out how many shares of stock you will own. Since the shareholders approved a 3-for-1 stock split at the 2022 annual shareholders meeting, you can run the numbers to figure out how many shares you will receive.Below, we use Tesla's 3-for-1 ratio to calculate how many shares you'll own after August 24. The numbers on the left represent the number of shares you might have had on record as of August 17. The numbers on the right show how your shares will multiply after the stock split.1 share of Tesla stock = 3 shares5 shares of Tesla stock = 15 shares10 shares of Tesla stock = 30 shares15 shares of Tesla stock = 45 shares20 shares of Tesla stock = 60 sharesIf you never purchased a whole share of Tesla, that's not a problem. Shareholders with fractional shares will also see a difference in their account. You just need to calculate how many whole shares or partial shares you'll have after a 3-for-1 stock split based on your current fractional shares.But if you participated in Tesla's last stock split in August 2020, you probably know how it all works. Let's say you had one share of Tesla before the 5-for-1 stock split. That one share would have turned into five shares in 2020. Now those five shares will turn into 15 shares after the stock split this month.More shares doesn't mean more profitsThe thought of more shares flowing into your account can be exciting. But don't confuse the number of shares with the value of your stocks. A stock split doesn't alter a company's total market capitalization or value. It divides shares into bite-sized pieces so that shares can trade at a lower price. The overall value of your shares will remain the same after a stock split.So, if you're searching for long-term profits, make sure you do your research, focus on the fundamentals, and keep your eyes on high-quality businesses. Knowing that you have a good business in your portfolio can make a stock split a bit sweeter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991217649,"gmtCreate":1660838798684,"gmtModify":1676536408877,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991217649","repostId":"2260389489","repostType":4,"repost":{"id":"2260389489","kind":"highlight","pubTimestamp":1660822415,"share":"https://ttm.financial/m/news/2260389489?lang=&edition=fundamental","pubTime":"2022-08-18 19:33","market":"us","language":"en","title":"Tesla Stock Split: 5 Things to Know About the Upcoming Split","url":"https://stock-news.laohu8.com/highlight/detail?id=2260389489","media":"Motley Fool","summary":"The largest automaker in the world by market cap is imminently conducting a stock split. Here's the 411 on what you need to know.","content":"<html><head></head><body><p>Wall Street and the investing community have been dealt a difficult hand in 2022. Since the beginning of the year, the benchmark <b>S&amp;P 500</b> and tech-centric <b>Nasdaq Composite</b> both entered bear market territory, the U.S. inflation rate skyrocketed to a 40-year high of 9.1% in June, and the U.S. economy delivered back-to-back quarters of gross domestic product declines, signaling a &#34;technical recession.&#34;</p><p>Yet amid this chaos, investors have gravitated to what&#39;s arguably the one silver lining this year: stock splits. A stock split allows a publicly traded company the ability to alter its share price and outstanding share count without impacting its market cap or operations.</p><p><img src=\"https://static.tigerbbs.com/a93398133c5685f08211f1bc0c4840f9\" tg-width=\"700\" tg-height=\"462\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><p>According to data from Fidelity, 212 public companies have announced and/or enacted stock splits since the beginning of the year. This includes one of the largest and most-popular stocks on the entire planet, electric-vehicle (EV) manufacturer <b>Tesla</b> (TSLA -0.84%). With Tesla&#39;s stock split rapidly approaching, here are five things investors should know.</p><h2>1. When the Tesla stock split will take place</h2><p>Perhaps the most pertinent piece of data for investors to know is when, exactly, Tesla&#39;s stock split will take place. The answer is exactly one week from today, on August 25, 2022 prior to the market open.</p><p>Keep in mind that it can sometimes take stock quote providers and online brokerages a few hours to a full day to recognize that a stock split has taken place. If you wake up and suddenly find that your investment portfolio has lost significant value overnight, or that Tesla&#39;s shares are being quoted down 60% or more on Aug. 25, there&#39;s a <i>very</i> good chance you can overlook this as a reporting error that&#39;ll quickly be remedied by the provider.</p><h2>2. The magnitude of the Tesla stock split</h2><p>The second important tidbit of information Tesla&#39;s current and prospective investors should know is the magnitude of the forward stock split.</p><p>In June, Tesla proposed enacting a 3-for-1 forward split. Effectively, this would reduce the company&#39;s share price to a third of its current value while increasing the company&#39;s outstanding share count by a factor of three. At the August 4 shareholder meeting, Tesla&#39;s shareholders voted to approve the company&#39;s proposed split.</p><p>Based on Tesla&#39;s closing price of $919.69 on August 16, a 3-for-1 stock split would reduce its share price to around $306.56 a share.</p><h2>3. The real winner of the upcoming Tesla split</h2><p>The third key point about Tesla&#39;s upcoming split is that it&#39;s a boon for everyday investors.</p><p>As noted, forward stock splits don&#39;t affect a company&#39;s market cap. In Tesla&#39;s case, its share price will fall to a third of its current value, while its outstanding share count will triple. But for retail investors without access to fractional-share purchases through their online broker, reducing the share price from almost $920 to just over $306 will be a big deal. It&#39;s a lot easier for everyday investors to set aside around $300 to buy a single share of Tesla than it would be to gather $900 for one share, as of the time of this writing.</p><p>There&#39;s no question that retail investors, who&#39;ve played a big role in pushing Tesla&#39;s valuation to nearly $1 trillion, are the biggest winners of the company&#39;s pending stock split.</p><h2>4. It won&#39;t affect Tesla&#39;s competitive advantages</h2><p>The fourth thing to know about Tesla&#39;s Aug. 25 stock split is that it&#39;ll have absolutely no impact on the company&#39;s day-to-day operations. That means it won&#39;t impact the competitive advantages Tesla has ridden to one of the largest corporate valuations in the world.</p><p>Aside from the fact that no other auto company built itself from the ground up to mass production in over five decades, Tesla could reach an important psychological milestone this year. Even with COVID-19 lockdowns hurting production at the Shanghai gigafactory, the company looks to be well on its way to reaching 1 million EVs produced and delivered in 2022.</p><p>In addition to production advantages, Tesla&#39;s batteries continue to be a bright spot in an increasingly crowded industry. Compared to most other EV offerings, the power, range, and capacity offered by Tesla&#39;s batteries are superior. This is what&#39;s helped create such incredible demand for the company&#39;s EV lineup.</p><p>There&#39;s also CEO Elon Musk, who the retail investor community has largely come to embrace as a visionary. Musk has overseen the introduction of four currently sold EV models, and has helped diversify his company to include energy storage products and solar panel installation.</p><p><img src=\"https://static.tigerbbs.com/6b77e18ca8474442b6d19e436ce17b0b\" tg-width=\"700\" tg-height=\"394\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>A Tesla Model S charging. Image source: Tesla.</p><h2>5. It also won&#39;t hide the company&#39;s longer-term risks</h2><p>The fifth and final thing to know about Tesla&#39;s impending stock split next week is that it&#39;s also not going to sweep the company&#39;s longer-term risks under the rug.</p><p>Although Tesla share price has been on fire for more than a decade, there are a number of red flags that suggest this amazing run-up isn&#39;t sustainable. For example, auto stocks are traditionally valued at a single-digit or very low double-digit forward-year price-to-earnings ratio. As for Tesla, investors are having to pay an aggressive multiple of 58 times Wall Street&#39;s forecast earnings for 2023. Even with Tesla being somewhat diversified, this is a lofty multiple for a company that predominantly makes a commoditized product.</p><p>Another big concern for Tesla shareholders is Elon Musk. While he might be considered a visionary by many, he&#39;s also become a major liability. Putting aside the circus that&#39;s accompanied his prospective takeover of social media stock <b>Twitter</b>, Musk has a terrible habit of failing to deliver on his promises. As I&#39;ve previously highlighted, Musk&#39;s promises to put 1 million robotaxis on the road, deliver higher-level full self-driving, and bring the Cybertruck and Tesla Semi into production, have all been pushed back one or more years.</p><p>Lastly, Tesla&#39;s competitive advantages already look to be waning. While the company does offer a sizable EV production advantage, both new and legacy auto stocks are catching up to Tesla when it comes to battery range. With legacy automakers spending tens of billions on EV research and product development, it&#39;s probably going to take more than short-term stock-split euphoria to hold shares at such a premium valuation.</p></body></html>","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>Tesla Stock Split: 5 Things to Know About the Upcoming Split</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 Stock Split: 5 Things to Know About the Upcoming Split\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-18 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/18/tesla-stock-split-5-things-to-know-about-the-split/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street and the investing community have been dealt a difficult hand in 2022. Since the beginning of the year, the benchmark S&P 500 and tech-centric Nasdaq Composite both entered bear market ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/18/tesla-stock-split-5-things-to-know-about-the-split/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4534":"瑞士信贷持仓","BK4574":"无人驾驶","BK4551":"寇图资本持仓","TSLA":"特斯拉","BK4548":"巴美列捷福持仓","BK4527":"明星科技股","BK4581":"高盛持仓"},"source_url":"https://www.fool.com/investing/2022/08/18/tesla-stock-split-5-things-to-know-about-the-split/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260389489","content_text":"Wall Street and the investing community have been dealt a difficult hand in 2022. Since the beginning of the year, the benchmark S&P 500 and tech-centric Nasdaq Composite both entered bear market territory, the U.S. inflation rate skyrocketed to a 40-year high of 9.1% in June, and the U.S. economy delivered back-to-back quarters of gross domestic product declines, signaling a \"technical recession.\"Yet amid this chaos, investors have gravitated to what's arguably the one silver lining this year: stock splits. A stock split allows a publicly traded company the ability to alter its share price and outstanding share count without impacting its market cap or operations.Image source: Getty Images.According to data from Fidelity, 212 public companies have announced and/or enacted stock splits since the beginning of the year. This includes one of the largest and most-popular stocks on the entire planet, electric-vehicle (EV) manufacturer Tesla (TSLA -0.84%). With Tesla's stock split rapidly approaching, here are five things investors should know.1. When the Tesla stock split will take placePerhaps the most pertinent piece of data for investors to know is when, exactly, Tesla's stock split will take place. The answer is exactly one week from today, on August 25, 2022 prior to the market open.Keep in mind that it can sometimes take stock quote providers and online brokerages a few hours to a full day to recognize that a stock split has taken place. If you wake up and suddenly find that your investment portfolio has lost significant value overnight, or that Tesla's shares are being quoted down 60% or more on Aug. 25, there's a very good chance you can overlook this as a reporting error that'll quickly be remedied by the provider.2. The magnitude of the Tesla stock splitThe second important tidbit of information Tesla's current and prospective investors should know is the magnitude of the forward stock split.In June, Tesla proposed enacting a 3-for-1 forward split. Effectively, this would reduce the company's share price to a third of its current value while increasing the company's outstanding share count by a factor of three. At the August 4 shareholder meeting, Tesla's shareholders voted to approve the company's proposed split.Based on Tesla's closing price of $919.69 on August 16, a 3-for-1 stock split would reduce its share price to around $306.56 a share.3. The real winner of the upcoming Tesla splitThe third key point about Tesla's upcoming split is that it's a boon for everyday investors.As noted, forward stock splits don't affect a company's market cap. In Tesla's case, its share price will fall to a third of its current value, while its outstanding share count will triple. But for retail investors without access to fractional-share purchases through their online broker, reducing the share price from almost $920 to just over $306 will be a big deal. It's a lot easier for everyday investors to set aside around $300 to buy a single share of Tesla than it would be to gather $900 for one share, as of the time of this writing.There's no question that retail investors, who've played a big role in pushing Tesla's valuation to nearly $1 trillion, are the biggest winners of the company's pending stock split.4. It won't affect Tesla's competitive advantagesThe fourth thing to know about Tesla's Aug. 25 stock split is that it'll have absolutely no impact on the company's day-to-day operations. That means it won't impact the competitive advantages Tesla has ridden to one of the largest corporate valuations in the world.Aside from the fact that no other auto company built itself from the ground up to mass production in over five decades, Tesla could reach an important psychological milestone this year. Even with COVID-19 lockdowns hurting production at the Shanghai gigafactory, the company looks to be well on its way to reaching 1 million EVs produced and delivered in 2022.In addition to production advantages, Tesla's batteries continue to be a bright spot in an increasingly crowded industry. Compared to most other EV offerings, the power, range, and capacity offered by Tesla's batteries are superior. This is what's helped create such incredible demand for the company's EV lineup.There's also CEO Elon Musk, who the retail investor community has largely come to embrace as a visionary. Musk has overseen the introduction of four currently sold EV models, and has helped diversify his company to include energy storage products and solar panel installation.A Tesla Model S charging. Image source: Tesla.5. It also won't hide the company's longer-term risksThe fifth and final thing to know about Tesla's impending stock split next week is that it's also not going to sweep the company's longer-term risks under the rug.Although Tesla share price has been on fire for more than a decade, there are a number of red flags that suggest this amazing run-up isn't sustainable. For example, auto stocks are traditionally valued at a single-digit or very low double-digit forward-year price-to-earnings ratio. As for Tesla, investors are having to pay an aggressive multiple of 58 times Wall Street's forecast earnings for 2023. Even with Tesla being somewhat diversified, this is a lofty multiple for a company that predominantly makes a commoditized product.Another big concern for Tesla shareholders is Elon Musk. While he might be considered a visionary by many, he's also become a major liability. Putting aside the circus that's accompanied his prospective takeover of social media stock Twitter, Musk has a terrible habit of failing to deliver on his promises. As I've previously highlighted, Musk's promises to put 1 million robotaxis on the road, deliver higher-level full self-driving, and bring the Cybertruck and Tesla Semi into production, have all been pushed back one or more years.Lastly, Tesla's competitive advantages already look to be waning. While the company does offer a sizable EV production advantage, both new and legacy auto stocks are catching up to Tesla when it comes to battery range. With legacy automakers spending tens of billions on EV research and product development, it's probably going to take more than short-term stock-split euphoria to hold shares at such a premium valuation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991064313,"gmtCreate":1660751002835,"gmtModify":1676536391953,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991064313","repostId":"2260818498","repostType":4,"repost":{"id":"2260818498","kind":"highlight","pubTimestamp":1660738830,"share":"https://ttm.financial/m/news/2260818498?lang=&edition=fundamental","pubTime":"2022-08-17 20:20","market":"us","language":"en","title":"7 Short-Squeeze Stocks to Put on Your Must-Watch List","url":"https://stock-news.laohu8.com/highlight/detail?id=2260818498","media":"InvestorPlace","summary":"If you want a shot at potentially ridiculous profits, you may want to consider these short-squeeze s","content":"<html><head></head><body><ul><li>If you want a shot at potentially ridiculous profits, you may want to consider these short-squeeze stocks.</li><li><b>E-Home Household Service</b> (<b><u>EJH</u></b>): With a short interest delta of 2,560%, E-Home Household Service represents the biggest shift in bearish sentiment recently.</li><li><b>Ayala Pharmaceuticals</b> (<b><u>AYLA</u></b>): Addressing underserved cancers, Ayala Pharmaceuticals could benefit from the empathy card.</li><li><b>Blue Water Vaccines</b> (<b><u>BWV</u></b>): Despite imploding since its IPO, Blue Water Vaccines could rise on speculation regarding its advanced disease mitigation platform.</li><li><b><a href=\"https://laohu8.com/S/ENVB\">Enveric Biosciences</a></b> (<b><u>ENVB</u></b>): Specializing in cannabis and psychedelic therapeutics, Enveric Biosciences intrigues but also presents serious risks.</li><li><b>Stronghold Digital Mining</b> (<b><u>SDIG</u></b>): The environmentally friendly cryptocurrency miner might make for an intriguing idea among short-squeeze stocks.</li><li><b>Koss</b> (<b><u>KOSS</u></b>): Continuing to attract contrarian speculators, Koss has gained 40% in the trailing month.</li><li><b>SIGA Technologies</b> (<b><u>SIGA</u></b>): Developing a monkeypox therapeutic, SIGA Technologies throws its hat in the ring for short-squeeze stocks to put on your radar.</li></ul><p><img src=\"https://static.tigerbbs.com/f69cf2da9e12edb87b6350f84ba766d9\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Shutterstock</p><p>The beaten-down stock market has created an opportunity for contrarian investors in short-squeeze stocks.</p><p>Essentially, bearish traders must borrow the underlying securities which they are pessimistic about. However, bullish traders en masse can deliberately bid up heavily shorted names, forcing the bears to buy back borrowed equities. Experts refer to the resulting upside panic as a short squeeze.</p><p>Last week, I covered short-squeeze stocks that were due for stunning returns. Now, I want to concentrate on securities that saw the biggest change in bearish sentiment. Like a seasoned surfer, you want to feel where the next big wave might materialize, positioning yourself accordingly. In similar fashion, the sharply rising negativity in these names indicates something might be brewing.</p><p>However, we’re talking about early warning signals to get speculators positioned appropriately. Here are short-squeeze stocks to put on your must-watch list.</p><table border=\"1\"><tbody><tr><td><b>EJH</b></td><td>E-Home Household Service</td><td>23 cents</td></tr><tr><td><b>AYLA</b></td><td>Ayala Pharmaceuticals</td><td>$1.35</td></tr><tr><td><b>BWV</b></td><td>Blue Water Vaccines</td><td>$2.55</td></tr><tr><td><b>ENVB</b></td><td>Enveric Biosciences</td><td>$6.93</td></tr><tr><td><b>SDIG</b></td><td>Stronghold Digital Mining</td><td>$3.19</td></tr><tr><td><b>KOSS</b></td><td>Koss</td><td>$10.15</td></tr><tr><td><b>SIGA</b></td><td>SIGA Technologies</td><td>$24.32</td></tr></tbody></table><h2>E-Home Household Service (EJH)</h2><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/e52b88ad7a4f8e4ffe32175ec912cb80\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: shutterstock.com/Digital Genetics</p><p>According to data from <i>Benzinga</i>, <b>E-Home Household Service</b> (NASDAQ:<b><u>EJH</u></b>) saw the biggest rise in bearish sentiment recently. The increase came out to a staggering 2,560%, suggesting the pessimists sense a robust “negative” opportunity. At time of writing, the current short interest is 13.15%, while the previous reading was only 0.24%.</p><p>If you haven’t heard of this company, you’re not alone. E-Home Household Service calls Fuzhou, China home. It specializes in appliance repair and maintenance services. However, as the <i>New York Times</i> pointed out in July of this year, “High unemployment, a housing market in crisis and sluggish consumer spending during lockdowns are putting pressure on Beijing.”</p><p>Therefore, it’s not surprising that EJH ranks among the top short-squeeze stocks. But does this mean you should buy EJH shares, hoping to actualize contrarian profits? Frankly, this trade is extremely risky, in part because EJH’s short interest ratio is only half a day. So, if you do participate, it’s all about quick in, quick out.</p><h2>Ayala Pharmaceuticals (AYLA)</h2><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/ea90d1fbc7598f312a07defd290193d4\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Shutterstock</p><p>Ranking second in terms of the biggest change in bearish sentiment, <b>Ayala Pharmaceuticals</b> (NASDAQ:<b><u>AYLA</u></b>) saw a 2,459% increase in its short interest. Currently, Ayala’s short interest is 11.6%. Previously, it pinged a subterranean 0.56%. Keep in mind that generally, a short interest reading of 10% or higher represents the demarcation point for bearishness.</p><p>According to its website, Ayala focuses on “developing targeted therapies for people with rare tumors and aggressive cancers in whom the Notch pathway is activated.” According to Nature.com, the Notch “is the receptor in a highly conserved signalling pathway that is crucial in development and implicated in malignant transformation.”</p><p>While the main narrative for Ayala sparks empathy – addressing clinically underserved cancers – the underlying equity rates as modestly overvalued. Unfortunately, based on its trailing-12-month revenue, Ayala shows declining growth.</p><p>Still, contrarian traders do funny things. In the last month, AYLA is up 13%. Nevertheless, it remains one of the riskier short-squeeze stocks to consider.</p><h2>Blue Water Vaccines (BWV)</h2><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/0b643711f0466beb61c629af3afaaed8\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Shutterstock</p><p>As you might have guessed, <b>Blue Water Vaccines</b> (NASDAQ:<b><u>BWV</u></b>) ranks third among potential short-squeeze stocks to put on your radar. Though its bearish delta isn’t as extreme as the other two, BWV still holds its own. The short interest change came out to 355.5%. At time of writing, Blue Water’s short interest is 32.9%. Previously, it reached 5%.</p><p>I’ll save you the time right now and tell you that out of the short-squeeze stocks on this list, BWV holds the highest short interest at 32.9%. About the only reasonable deduction you can make from this setup is that investors are substantially pessimistic about Blue Water.</p><p>Since launching its initial public offering earlier this year, BWV is down about 96%. In addition, during the company’s disclosure for the first quarter, it suffered a loss of 34 cents per share. As well, Blue Water only had $18.6 million cash on hand.</p><p>However, there may be reason for optimism. The company specializes in advanced platforms to address infectious diseases. With this department featuring renewed interest, BWV might make for wild short-term speculation.</p><h2>Enveric Biosciences (ENVB)</h2><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/61de62303f019c8d41c53eaa11b9d03f\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Gorodenkoff / Shutterstock.com</p><p>Coming in fourth place among potential short-squeeze stocks, <b>Enveric Biosciences</b> (NASDAQ:<b><u>ENVB</u></b>) presents an interesting case. Its short interest soared 158.5% from its prior reading. Currently, the company’s short interest is 16.7% while previously, it reached 4.2%.</p><p>According to its website, Enveric leverages its discovery engine and intellectual property portfolio “to identify and build the next generation of psychedelic and cannabinoid medicines for the mind and body.” Obviously, both arenas raise intrigue. First, Democrats have pressured President Joe Biden to accelerate cannabis decriminalization efforts. Second, psychedelic drugs present significant potential to address various conditions, particularly mental health concerns.</p><p>ResearchAndMarkets.com forecasts that the psychedelic drugs market will expand at a compound annual growth rate of 14.5% between 2021 and 2026. At the end of the forecast period, the sector could command a value of $6.33 billion.</p><p>However, the days to cover for ENVB is only 0.1. Therefore, this is one of the short-squeeze stocks to watch but maybe not dive onboard just yet.</p><h2>Stronghold Digital Mining (SDIG)</h2><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/48f0831e807a2169de978857d7a09d8a\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Michal Bednarek / Shutterstock</p><p>While the other potential short-squeeze stocks may not be intuitively recognizable as contrarian opportunities, <b>Stronghold Digital Mining</b> (NASDAQ:<b><u>SDIG</u></b>) has no such problems. As you might have guessed, Stronghold is a cryptocurrency miner.</p><p>SDIG registered a big uptick in bearish sentiment, with the change in short interest coming out to nearly 84%. At time of writing, Stronghold’s short interest is 18.2%. In the previous reading, it rated almost 10%.</p><p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> interesting factors exist here. First, it’s easy to understand why so many traders became bearish on Stronghold. With cryptos falling dramatically, SDIG seemingly lacks credibility.</p><p>On the other hand, during the trailing month, the total crypto market cap increased roughly 33%. Therefore, contrarians reckon that SDIG may see explosive upside soon. Indeed, in the aforementioned time frame, SDIG stock skyrocketed 75%.</p><h2>Koss (KOSS)</h2><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/11ebff2ff3ddad73c9774f06f93a643d\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: SiljeAO / Shutterstock.com</p><p>One of the meme trades, headphone manufacturer <b>Koss</b> (NASDAQ:<b><u>KOSS</u></b>) continues to attract interest. I suppose once a candidate for short-squeeze stocks, always a candidate. Anyways, Koss posted a bearish delta of 70.1% against its prior reading, a conspicuously large figure. As I write this, shares feature a short interest of 25.6%, the second-largest figure on this list.</p><p>While such a robust figure seemingly supports the contrarian trade, investors must be aware that the days to cover is only 1.8. Therefore, if KOSS bears get squeezed, it won’t take much for them to cover their negative trades. Further, one must wonder how long this narrative can keep delivering the goods.</p><p>So far, though, the law of diminishing returns has yet to impact short-squeeze stocks, at least as far as Koss is concerned. Shares are up 42% in the trailing month, suggesting speculators are ready to gamble again. Still, Koss’ sales have been unimpressive against pre-pandemic norms so you ought to be careful with this one.</p><h2>SIGA Technologies (SIGA)</h2><p><img src=\"https://static.tigerbbs.com/d89746888da2d9510b64a9f031eaecd5\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/c828bdfb9ead99f5955294a6dfcb1be4\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: shutterstock.com/PhotobyTawat</p><p>Perhaps the most immediately relevant name on this list of short-squeeze stocks, <b>SIGA Technologies</b> (NASDAQ:<b><u>SIGA</u></b>) is a commercial-stage pharmaceutical firm providing solutions for unmet needs in health security. According to <i>Benzinga</i>, SIGA printed a bearish delta of 58.6% against the prior short interest reading. Currently, this metric reads a hair under 14%. Previously, it was 7.5%.</p><p>Now, SIGA basically operates as a pox fighter. Whether it’s smallpox, cowpox or yes, even monkeypox, SIGA develops antiviral treatments. Of course, with the latter virus causing deep concerns around the world, the company has enjoyed a burst of relevance.</p><p>Per <i>Yahoo Finance</i>, the bullish implication is that the U.S. government will seek to stockpile SIGA’s monkeypox treatment called TPOXX (tecovirimat). By the way, it’s the only monkeypox treatment available; hence, the contrarian interest in SIGA stock.</p><p>Keep in mind that the stock’s days to cover is only 0.3. Still, if the monkeypox outbreak worsens, SIGA could get very interesting.</p><p></p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Short-Squeeze Stocks to Put on Your Must-Watch List</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\">\n7 Short-Squeeze Stocks to Put on Your Must-Watch List\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-17 20:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/08/7-short-squeeze-stocks-to-put-on-your-must-watch-list/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you want a shot at potentially ridiculous profits, you may want to consider these short-squeeze stocks.E-Home Household Service (EJH): With a short interest delta of 2,560%, E-Home Household ...</p>\n\n<a href=\"https://investorplace.com/2022/08/7-short-squeeze-stocks-to-put-on-your-must-watch-list/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQQQ":"纳指三倍做空ETF","BK4139":"生物科技","BK4007":"制药","QID":"纳指两倍做空ETF","ENVB":"Enveric Biosciences","KOSS":"高斯电子",".IXIC":"NASDAQ Composite","BK4547":"WSB热门概念","SIGA":"SIGA Technologies Inc","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","BK4078":"消费电子产品","SDIG":"Stronghold Digital Mining, Inc","TQQQ":"纳指三倍做多ETF","AYLA":"Ayala Pharmaceuticals, Inc.","BK4583":"猴痘概念","BK4539":"次新股","EJH":"e家快服","BK4023":"应用软件","BK4192":"特殊消费者服务","QQQ":"纳指100ETF"},"source_url":"https://investorplace.com/2022/08/7-short-squeeze-stocks-to-put-on-your-must-watch-list/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260818498","content_text":"If you want a shot at potentially ridiculous profits, you may want to consider these short-squeeze stocks.E-Home Household Service (EJH): With a short interest delta of 2,560%, E-Home Household Service represents the biggest shift in bearish sentiment recently.Ayala Pharmaceuticals (AYLA): Addressing underserved cancers, Ayala Pharmaceuticals could benefit from the empathy card.Blue Water Vaccines (BWV): Despite imploding since its IPO, Blue Water Vaccines could rise on speculation regarding its advanced disease mitigation platform.Enveric Biosciences (ENVB): Specializing in cannabis and psychedelic therapeutics, Enveric Biosciences intrigues but also presents serious risks.Stronghold Digital Mining (SDIG): The environmentally friendly cryptocurrency miner might make for an intriguing idea among short-squeeze stocks.Koss (KOSS): Continuing to attract contrarian speculators, Koss has gained 40% in the trailing month.SIGA Technologies (SIGA): Developing a monkeypox therapeutic, SIGA Technologies throws its hat in the ring for short-squeeze stocks to put on your radar.Source: ShutterstockThe beaten-down stock market has created an opportunity for contrarian investors in short-squeeze stocks.Essentially, bearish traders must borrow the underlying securities which they are pessimistic about. However, bullish traders en masse can deliberately bid up heavily shorted names, forcing the bears to buy back borrowed equities. Experts refer to the resulting upside panic as a short squeeze.Last week, I covered short-squeeze stocks that were due for stunning returns. Now, I want to concentrate on securities that saw the biggest change in bearish sentiment. Like a seasoned surfer, you want to feel where the next big wave might materialize, positioning yourself accordingly. In similar fashion, the sharply rising negativity in these names indicates something might be brewing.However, we’re talking about early warning signals to get speculators positioned appropriately. Here are short-squeeze stocks to put on your must-watch list.EJHE-Home Household Service23 centsAYLAAyala Pharmaceuticals$1.35BWVBlue Water Vaccines$2.55ENVBEnveric Biosciences$6.93SDIGStronghold Digital Mining$3.19KOSSKoss$10.15SIGASIGA Technologies$24.32E-Home Household Service (EJH)Source: shutterstock.com/Digital GeneticsAccording to data from Benzinga, E-Home Household Service (NASDAQ:EJH) saw the biggest rise in bearish sentiment recently. The increase came out to a staggering 2,560%, suggesting the pessimists sense a robust “negative” opportunity. At time of writing, the current short interest is 13.15%, while the previous reading was only 0.24%.If you haven’t heard of this company, you’re not alone. E-Home Household Service calls Fuzhou, China home. It specializes in appliance repair and maintenance services. However, as the New York Times pointed out in July of this year, “High unemployment, a housing market in crisis and sluggish consumer spending during lockdowns are putting pressure on Beijing.”Therefore, it’s not surprising that EJH ranks among the top short-squeeze stocks. But does this mean you should buy EJH shares, hoping to actualize contrarian profits? Frankly, this trade is extremely risky, in part because EJH’s short interest ratio is only half a day. So, if you do participate, it’s all about quick in, quick out.Ayala Pharmaceuticals (AYLA)Source: ShutterstockRanking second in terms of the biggest change in bearish sentiment, Ayala Pharmaceuticals (NASDAQ:AYLA) saw a 2,459% increase in its short interest. Currently, Ayala’s short interest is 11.6%. Previously, it pinged a subterranean 0.56%. Keep in mind that generally, a short interest reading of 10% or higher represents the demarcation point for bearishness.According to its website, Ayala focuses on “developing targeted therapies for people with rare tumors and aggressive cancers in whom the Notch pathway is activated.” According to Nature.com, the Notch “is the receptor in a highly conserved signalling pathway that is crucial in development and implicated in malignant transformation.”While the main narrative for Ayala sparks empathy – addressing clinically underserved cancers – the underlying equity rates as modestly overvalued. Unfortunately, based on its trailing-12-month revenue, Ayala shows declining growth.Still, contrarian traders do funny things. In the last month, AYLA is up 13%. Nevertheless, it remains one of the riskier short-squeeze stocks to consider.Blue Water Vaccines (BWV)Source: ShutterstockAs you might have guessed, Blue Water Vaccines (NASDAQ:BWV) ranks third among potential short-squeeze stocks to put on your radar. Though its bearish delta isn’t as extreme as the other two, BWV still holds its own. The short interest change came out to 355.5%. At time of writing, Blue Water’s short interest is 32.9%. Previously, it reached 5%.I’ll save you the time right now and tell you that out of the short-squeeze stocks on this list, BWV holds the highest short interest at 32.9%. About the only reasonable deduction you can make from this setup is that investors are substantially pessimistic about Blue Water.Since launching its initial public offering earlier this year, BWV is down about 96%. In addition, during the company’s disclosure for the first quarter, it suffered a loss of 34 cents per share. As well, Blue Water only had $18.6 million cash on hand.However, there may be reason for optimism. The company specializes in advanced platforms to address infectious diseases. With this department featuring renewed interest, BWV might make for wild short-term speculation.Enveric Biosciences (ENVB)Source: Gorodenkoff / Shutterstock.comComing in fourth place among potential short-squeeze stocks, Enveric Biosciences (NASDAQ:ENVB) presents an interesting case. Its short interest soared 158.5% from its prior reading. Currently, the company’s short interest is 16.7% while previously, it reached 4.2%.According to its website, Enveric leverages its discovery engine and intellectual property portfolio “to identify and build the next generation of psychedelic and cannabinoid medicines for the mind and body.” Obviously, both arenas raise intrigue. First, Democrats have pressured President Joe Biden to accelerate cannabis decriminalization efforts. Second, psychedelic drugs present significant potential to address various conditions, particularly mental health concerns.ResearchAndMarkets.com forecasts that the psychedelic drugs market will expand at a compound annual growth rate of 14.5% between 2021 and 2026. At the end of the forecast period, the sector could command a value of $6.33 billion.However, the days to cover for ENVB is only 0.1. Therefore, this is one of the short-squeeze stocks to watch but maybe not dive onboard just yet.Stronghold Digital Mining (SDIG)Source: Michal Bednarek / ShutterstockWhile the other potential short-squeeze stocks may not be intuitively recognizable as contrarian opportunities, Stronghold Digital Mining (NASDAQ:SDIG) has no such problems. As you might have guessed, Stronghold is a cryptocurrency miner.SDIG registered a big uptick in bearish sentiment, with the change in short interest coming out to nearly 84%. At time of writing, Stronghold’s short interest is 18.2%. In the previous reading, it rated almost 10%.Two interesting factors exist here. First, it’s easy to understand why so many traders became bearish on Stronghold. With cryptos falling dramatically, SDIG seemingly lacks credibility.On the other hand, during the trailing month, the total crypto market cap increased roughly 33%. Therefore, contrarians reckon that SDIG may see explosive upside soon. Indeed, in the aforementioned time frame, SDIG stock skyrocketed 75%.Koss (KOSS)Source: SiljeAO / Shutterstock.comOne of the meme trades, headphone manufacturer Koss (NASDAQ:KOSS) continues to attract interest. I suppose once a candidate for short-squeeze stocks, always a candidate. Anyways, Koss posted a bearish delta of 70.1% against its prior reading, a conspicuously large figure. As I write this, shares feature a short interest of 25.6%, the second-largest figure on this list.While such a robust figure seemingly supports the contrarian trade, investors must be aware that the days to cover is only 1.8. Therefore, if KOSS bears get squeezed, it won’t take much for them to cover their negative trades. Further, one must wonder how long this narrative can keep delivering the goods.So far, though, the law of diminishing returns has yet to impact short-squeeze stocks, at least as far as Koss is concerned. Shares are up 42% in the trailing month, suggesting speculators are ready to gamble again. Still, Koss’ sales have been unimpressive against pre-pandemic norms so you ought to be careful with this one.SIGA Technologies (SIGA)Source: shutterstock.com/PhotobyTawatPerhaps the most immediately relevant name on this list of short-squeeze stocks, SIGA Technologies (NASDAQ:SIGA) is a commercial-stage pharmaceutical firm providing solutions for unmet needs in health security. According to Benzinga, SIGA printed a bearish delta of 58.6% against the prior short interest reading. Currently, this metric reads a hair under 14%. Previously, it was 7.5%.Now, SIGA basically operates as a pox fighter. Whether it’s smallpox, cowpox or yes, even monkeypox, SIGA develops antiviral treatments. Of course, with the latter virus causing deep concerns around the world, the company has enjoyed a burst of relevance.Per Yahoo Finance, the bullish implication is that the U.S. government will seek to stockpile SIGA’s monkeypox treatment called TPOXX (tecovirimat). By the way, it’s the only monkeypox treatment available; hence, the contrarian interest in SIGA stock.Keep in mind that the stock’s days to cover is only 0.3. Still, if the monkeypox outbreak worsens, SIGA could get very interesting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999466727,"gmtCreate":1660572493970,"gmtModify":1676535359277,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999466727","repostId":"1119007213","repostType":4,"repost":{"id":"1119007213","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":1660570473,"share":"https://ttm.financial/m/news/1119007213?lang=&edition=fundamental","pubTime":"2022-08-15 21:34","market":"us","language":"en","title":"Bed Bath & Beyond Shares Jumped 10% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1119007213","media":"Tiger Newspress","summary":"Bed Bath & Beyond shares jumped another 10% in morning trading Monday after soaring nearly 22% in th","content":"<html><head></head><body><p>Bed Bath &amp; Beyond shares jumped another 10% in morning trading Monday after soaring nearly 22% in the last trading day.<img src=\"https://static.tigerbbs.com/d9b58406a78ccf7ddfa50f0a503ea413\" tg-width=\"820\" tg-height=\"830\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bed Bath & Beyond Shares Jumped 10% in Morning 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\">\nBed Bath & Beyond Shares Jumped 10% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-15 21:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Bed Bath &amp; Beyond shares jumped another 10% in morning trading Monday after soaring nearly 22% in the last trading day.<img src=\"https://static.tigerbbs.com/d9b58406a78ccf7ddfa50f0a503ea413\" tg-width=\"820\" tg-height=\"830\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119007213","content_text":"Bed Bath & Beyond shares jumped another 10% in morning trading Monday after soaring nearly 22% in the last trading day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990113863,"gmtCreate":1660307242553,"gmtModify":1676533448014,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990113863","repostId":"9990094270","repostType":1,"repost":{"id":9990094270,"gmtCreate":1660262924194,"gmtModify":1676532417262,"author":{"id":"9000000000000182","authorId":"9000000000000182","name":"Invest with Dan","avatar":"https://community-static.tradeup.com/news/0bbc8a1fd56e43b01b825fe0ee104223","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000182","authorIdStr":"9000000000000182"},"themes":[],"title":"","htmlText":"\n \n \n  Best Dividend Stocks to Invest in 2022 (One Pays 45% Annual Yield!)Top Dividend Stocks to Invest in (Different Industries) 2022! Get $40-$200 Off one of my Favorite Stock Screeners (Seeking Alpha) ... From Youtube: https://www.youtube.com/watch?v=4Lifeulky4Q\n \n","listText":"Best Dividend Stocks to Invest in 2022 (One Pays 45% Annual Yield!)Top Dividend Stocks to Invest in (Different Industries) 2022! Get $40-$200 Off one of my Favorite Stock Screeners (Seeking Alpha) ... From Youtube: https://www.youtube.com/watch?v=4Lifeulky4Q","text":"Best Dividend Stocks to Invest in 2022 (One Pays 45% Annual Yield!)Top Dividend Stocks to Invest in (Different Industries) 2022! Get $40-$200 Off one of my Favorite Stock Screeners (Seeking Alpha) ... From Youtube: https://www.youtube.com/watch?v=4Lifeulky4Q","images":[{"img":"https://static.tigerbbs.com/5f537004fd2bb92367e17cce1dbc6a74","width":"0","height":"0"}],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990094270","isVote":1,"tweetType":2,"object":{"id":"0145135191bb414cad72303997af5107","tweetId":"9990094270","title":"Best Dividend Stocks to Invest in 2022 (One Pays 45% Annual Yield!)","videoUrl":"http://v.tigerbbs.com/166026291991048ecf1b41d97618b7e79d5d036c057f4.mp4","poster":"https://static.tigerbbs.com/5f537004fd2bb92367e17cce1dbc6a74","shareLink":"http://v.tigerbbs.com/166026291991048ecf1b41d97618b7e79d5d036c057f4.mp4"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990113354,"gmtCreate":1660307234280,"gmtModify":1676533448007,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990113354","repostId":"9990134006","repostType":1,"repost":{"id":9990134006,"gmtCreate":1660306293207,"gmtModify":1676533447891,"author":{"id":"4090657250004720","authorId":"4090657250004720","name":"Blinkfans","avatar":"https://community-static.tradeup.com/news/c0429cfd7889c5df2bdcbae338b96d30","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4090657250004720","authorIdStr":"4090657250004720"},"themes":[],"title":"why I think Jardine Matheson is a good buy","htmlText":"Stock: Jardine Matheson* Shares of biggest Singapore- conglomerate Jardine Matheson drop as much as 9.6%, the most since Sept. 2021, as the weighting of the stock has been cut in the MSCI Hong Kong Index and the MSCI Hong Kong Large Cap Index. Stock falls to its lowest since Feb. 2021 with volumes at more than 2.7 times 3-month average. —-<a href=\"https://ttm.financial/S/C07.SI\">$JARDINE CYCLE &amp; CARRIAGE LTD(C07.SI)$</a><a href=\"https://ttm.financial/S/J36.SI\">$JARDINE MATHESON HLDGS LTD(J36.SI)$</a> JMH most recent result announcement (29th Jul): Jardine Matheson announced a 22 per cent increase in H1 2022 underlying net profit to US$747 million from US$615 million a year ago in a regulatory filing on Thursday. Revenue for the period grew 4 per cent to US$18.2 billion from US$17.5 bil","listText":"Stock: Jardine Matheson* Shares of biggest Singapore- conglomerate Jardine Matheson drop as much as 9.6%, the most since Sept. 2021, as the weighting of the stock has been cut in the MSCI Hong Kong Index and the MSCI Hong Kong Large Cap Index. Stock falls to its lowest since Feb. 2021 with volumes at more than 2.7 times 3-month average. —-<a href=\"https://ttm.financial/S/C07.SI\">$JARDINE CYCLE &amp; CARRIAGE LTD(C07.SI)$</a><a href=\"https://ttm.financial/S/J36.SI\">$JARDINE MATHESON HLDGS LTD(J36.SI)$</a> JMH most recent result announcement (29th Jul): Jardine Matheson announced a 22 per cent increase in H1 2022 underlying net profit to US$747 million from US$615 million a year ago in a regulatory filing on Thursday. Revenue for the period grew 4 per cent to US$18.2 billion from US$17.5 bil","text":"Stock: Jardine Matheson* Shares of biggest Singapore- conglomerate Jardine Matheson drop as much as 9.6%, the most since Sept. 2021, as the weighting of the stock has been cut in the MSCI Hong Kong Index and the MSCI Hong Kong Large Cap Index. Stock falls to its lowest since Feb. 2021 with volumes at more than 2.7 times 3-month average. —-$JARDINE CYCLE & CARRIAGE LTD(C07.SI)$$JARDINE MATHESON HLDGS LTD(J36.SI)$ JMH most recent result announcement (29th Jul): Jardine Matheson announced a 22 per cent increase in H1 2022 underlying net profit to US$747 million from US$615 million a year ago in a regulatory filing on Thursday. Revenue for the period grew 4 per cent to US$18.2 billion from US$17.5 bil","images":[{"img":"https://community-static.tradeup.com/news/009143737d2ca06ddc12ddc31bbcaa1c","width":"1768","height":"1996"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990134006","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904217184,"gmtCreate":1660053347050,"gmtModify":1703477361276,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904217184","repostId":"1117290332","repostType":2,"repost":{"id":"1117290332","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":1660053202,"share":"https://ttm.financial/m/news/1117290332?lang=&edition=fundamental","pubTime":"2022-08-09 21:53","market":"us","language":"en","title":"Crypto Stocks Dipped in Morning Trading, With SOS Falling Over 11% and Coinbase Falling Over 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1117290332","media":"Tiger Newspress","summary":"Crypto stocks dipped in morning trading, with SOS falling over 11% and Coinbase falling over 5%.","content":"<html><head></head><body><p>Crypto stocks dipped in morning trading, with SOS falling over 11% and Coinbase falling over 5%.<img src=\"https://static.tigerbbs.com/ef448ceb8662681911370fe0d5ad24e6\" tg-width=\"264\" tg-height=\"407\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Stocks Dipped in Morning Trading, With SOS Falling Over 11% and Coinbase Falling Over 5%</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\">\nCrypto Stocks Dipped in Morning Trading, With SOS Falling Over 11% and Coinbase Falling Over 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-09 21:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Crypto stocks dipped in morning trading, with SOS falling over 11% and Coinbase falling over 5%.<img src=\"https://static.tigerbbs.com/ef448ceb8662681911370fe0d5ad24e6\" tg-width=\"264\" tg-height=\"407\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","SOS":"SOS Limited"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117290332","content_text":"Crypto stocks dipped in morning trading, with SOS falling over 11% and Coinbase falling over 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904998876,"gmtCreate":1659970040798,"gmtModify":1703476495423,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904998876","repostId":"1186169068","repostType":4,"repost":{"id":"1186169068","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":1659967433,"share":"https://ttm.financial/m/news/1186169068?lang=&edition=fundamental","pubTime":"2022-08-08 22:03","market":"us","language":"en","title":"Crypto Stocks Shot up in Morning Trading, With SOS and Coinbase Jumping Nearly 9%","url":"https://stock-news.laohu8.com/highlight/detail?id=1186169068","media":"Tiger Newspress","summary":"Crypto stocks shot up in morning trading, with SOS and Coinbase jumping nearly 9%. Ethereum has been","content":"<html><head></head><body><p>Crypto stocks shot up in morning trading, with SOS and Coinbase jumping nearly 9%. <img src=\"https://static.tigerbbs.com/9d8448f112dd8dbb43a18fe65e1bf2a3\" tg-width=\"261\" tg-height=\"410\" width=\"100%\" height=\"auto\"/>Ethereum has been outperforming since developers announced a date for the crypto&#39;s upcoming software update a couple of weeks ago. The Ethereum merge is expected to be completed in September.</p><p>Bitcoin just crossed above the $24,000 mark for the first time in August. JPMorgan said &#34;it appears that the crypto markets have found a floor,&#34; Monday in a note to clients.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Stocks Shot up in Morning Trading, With SOS and Coinbase Jumping Nearly 9%</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\">\nCrypto Stocks Shot up in Morning Trading, With SOS and Coinbase Jumping Nearly 9%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-08 22:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Crypto stocks shot up in morning trading, with SOS and Coinbase jumping nearly 9%. <img src=\"https://static.tigerbbs.com/9d8448f112dd8dbb43a18fe65e1bf2a3\" tg-width=\"261\" tg-height=\"410\" width=\"100%\" height=\"auto\"/>Ethereum has been outperforming since developers announced a date for the crypto&#39;s upcoming software update a couple of weeks ago. The Ethereum merge is expected to be completed in September.</p><p>Bitcoin just crossed above the $24,000 mark for the first time in August. JPMorgan said &#34;it appears that the crypto markets have found a floor,&#34; Monday in a note to clients.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","SOS":"SOS Limited"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186169068","content_text":"Crypto stocks shot up in morning trading, with SOS and Coinbase jumping nearly 9%. Ethereum has been outperforming since developers announced a date for the crypto's upcoming software update a couple of weeks ago. The Ethereum merge is expected to be completed in September.Bitcoin just crossed above the $24,000 mark for the first time in August. JPMorgan said \"it appears that the crypto markets have found a floor,\" Monday in a note to clients.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901748410,"gmtCreate":1659278451230,"gmtModify":1676536280423,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901748410","repostId":"1165172007","repostType":4,"repost":{"id":"1165172007","kind":"news","pubTimestamp":1659229304,"share":"https://ttm.financial/m/news/1165172007?lang=&edition=fundamental","pubTime":"2022-07-31 09:01","market":"hk","language":"en","title":"Alibaba: The Delisting Fears Are Back - Time To Turn Bullish Again?","url":"https://stock-news.laohu8.com/highlight/detail?id=1165172007","media":"seekingalpha","summary":"SummaryAlibaba was struck by delisting fears again on July 29, as the US SEC added China's leading e","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Alibaba was struck by delisting fears again on July 29, as the US SEC added China&#39;s leading e-commerce player to its delisting list. As a result, BABA slumped.</li><li>However, we urge investors not to overreact to such fears. Alibaba is seeking a primary listing in Hong Kong that would enable it to access capital and liquidity from Chinese investors.</li><li>We also believe the recent statement by Politburo, which suggested that China could miss its 5.5% GDP growth target, could have unsettled some investors.</li><li>Notwithstanding, we believe it sets up BABA very well, heading into its upcoming Q1 card on August 4.</li><li>Therefore, we revise our rating from Hold to Buy. We urge investors to use the recent pessimism and add exposure, as its price action is leaning increasingly bullish.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/349a5bf19a4fd08047fdb45cb2ec1bb8\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Robert Way</span></p><p><b>Thesis</b></p><p>Alibaba Group Holding Limited (NYSE:BABA) is slated to report its FQ1&#39;23 earnings release on August 4. BABA investors have been hammered (again) over the past month as the bears returned to haunt Chinese stocks. The delisting fears are back!</p><p>In our June downgrade (Hold rating), we cautioned investors that we noted significant selling pressure at its critical resistance zone ($125) and urged them to avoid adding at those levels. Despite the sharp recovery from its May lows, we were concerned that the market could use the bullish sentiments in June to attract buyers into a trap before digesting those gains.</p><p>Consequently, since our June article, BABA has significantly underperformed the SPDR S&amp;P 500 ETF (SPY). As a result, it posted a return of -14.5%, against the SPY&#39;s 11.06% gain over the same period.</p><p>The market has leveraged the recent pessimism astutely over its delisting risks and China&#39;s increasingly tenuous GDP growth target to shake out weak hands. As a result, the market pessimism has presented investors with another opportunity to consider adding BABA again!</p><p>Therefore, we revise our rating on BABA from Hold to Buy. Notwithstanding, we caution investors that our price action analysis has yet to indicate any potential bear trap (indicating that the market decisively denied further selling downside) yet. Therefore, we are &#34;front-running&#34; the market in anticipation of robust buying support at the current levels to appear soon.</p><p><b>Delisting And GDP Growth Target Fears!</b></p><p>BABA slumped on July 29 as the US SEC added China&#39;s e-commerce behemoth to its delisting list, which stunned the market.</p><p>However, are such headwinds new? Absolutely not. So, we urge investors not to overreact to such a move by the market to shake out weak hands. BABA got a boost recently as the company highlighted that it could seek a primary listing in Hong Kong, quelling fears of its delisting in the US. Furthermore, a primary listing in Hong Kong would enable Alibaba to leverage investors in mainland China to invest in its stock.</p><p>Citi&#39;s (C) recent commentary was favorable of the move by Alibaba to seek a primary listing in Hong Kong. It emphasized (edited):</p><blockquote>We view the move as positive given the continued overhang on ADRs from the threat of delisting. A smooth transition to the new primary listing could pave the wave for other companies that already have dual listings. We view this as an important sentiment shift to attract more capital and liquidity to Alibaba and other China Internet stocks over time. - Barron&#39;s</blockquote><p>Notwithstanding, KGI Asia (a leading Hong Kong brokerage firm) noted that the process could be more complex than what investors assessed. Accordingly, it accentuated (edited):</p><blockquote>On top of earnings concerns, there are some worries that the listing timetable for Ant might be delayed by Jack Ma&#39;s decision to give up his control over Ant Group. It&#39;s hard for A-share companies to obtain approval if there is a change in key shareholding structure within three years. - Bloomberg</blockquote><p>Furthermore, the market could also have been spooked by the language used by the Chinese government after its recent Politburo (China&#39;s highest decision-making body) meeting.</p><p>The language in its statement suggested that China seems to be moving away from trying to maintain its 5.5% GDP growth target, which economists have emphasized for months is improbable. Bloomberg reported (edited):</p><blockquote>China&#39;s top leadership gave a downbeat assessment of economic growth but didn&#39;t announce new stimulus policies at a key meeting. It stated the country should achieve &#34;the best outcome&#34; possible for economic growth this year while sticking to a strict Covid Zero policy. There was no mention of the national economic goals as there was at the April meeting, suggesting the government is downplaying the target of &#34;around 5.5%&#34; growth for this year that most economists think is impossible after a slump last quarter. - Bloomberg</blockquote><p><b>Investors Could Be Concerned With A Downbeat Q1 Earnings</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d6acf7fa059008eb6e2bf0f3eef947d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>Alibaba revenue change % and adjusted EPS change % consensus estimates (S&amp;P Cap IQ)</span></p><p>As a result, we believe the market is attempting to de-risk its valuation of BABA, heading into its Q1 earnings.</p><p>The revised consensus estimates (very bullish) suggest that Alibaba could post revenue growth of -0.9% YoY in FQ1, following Q4&#39;s 8.9% increase. However, its profitability could continue to see further headwinds, as its adjusted EPS is projected to fall by 36.7% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/944e41609958c9613f4c0ec4325bb22a\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>Alibaba adjusted EBITA by segment (Company filings)</span></p><p>However, we believe investors should not be stunned. There shouldn&#39;t be any surprises, right? Despite the growth momentum seen in Ali Cloud, commerce (physical and e-commerce) remains Alibaba&#39;s most critical adjusted EBITA driver, as seen above.</p><p>Therefore, the current macro headwinds that have continued to impact China&#39;s consumer discretionary spending, coupled with the COVID lockdowns, would likely be persistent.</p><p>Furthermore, the ongoing property market malaise has seen little signs of turning for the better, as homebuyers have gone on strike over making further mortgage payments on unfinished homes.</p><p><b>Is BABA Stock A Buy, Sell, Or Hold?</b></p><p><i>We revise our rating on BABA from Hold to Buy.</i></p><p>We believe the recent pessimistic sentiments on BABA sets up the stock very nicely, heading into its Q1 card. In addition, positive commentary from management about its expected recovery from 2023 should help stabilize the stock. With a net cash position of $43.92B, Alibaba is in an enviable position to continue making strategic stock repurchases to underpin its recovery momentum moving forward.</p><p>While we do not expect BABA to break below its March lows of $73, we have yet to observe constructive price structures that suggest its selling downside is facing significant buying pressure. Therefore, our Buy rating attempts to front-run the market, and investors should be ready for potential downside volatility.</p><p><i>This article was written by JR Research</i></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: The Delisting Fears Are Back - Time To Turn Bullish Again?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: The Delisting Fears Are Back - Time To Turn Bullish Again?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-31 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4527781-alibaba-delisting-fears-back-time-to-turn-bullish?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Atrending_articles%7Cline%3A6><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba was struck by delisting fears again on July 29, as the US SEC added China's leading e-commerce player to its delisting list. As a result, BABA slumped.However, we urge investors not to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4527781-alibaba-delisting-fears-back-time-to-turn-bullish?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Atrending_articles%7Cline%3A6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4527781-alibaba-delisting-fears-back-time-to-turn-bullish?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Atrending_articles%7Cline%3A6","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1165172007","content_text":"SummaryAlibaba was struck by delisting fears again on July 29, as the US SEC added China's leading e-commerce player to its delisting list. As a result, BABA slumped.However, we urge investors not to overreact to such fears. Alibaba is seeking a primary listing in Hong Kong that would enable it to access capital and liquidity from Chinese investors.We also believe the recent statement by Politburo, which suggested that China could miss its 5.5% GDP growth target, could have unsettled some investors.Notwithstanding, we believe it sets up BABA very well, heading into its upcoming Q1 card on August 4.Therefore, we revise our rating from Hold to Buy. We urge investors to use the recent pessimism and add exposure, as its price action is leaning increasingly bullish.Robert WayThesisAlibaba Group Holding Limited (NYSE:BABA) is slated to report its FQ1'23 earnings release on August 4. BABA investors have been hammered (again) over the past month as the bears returned to haunt Chinese stocks. The delisting fears are back!In our June downgrade (Hold rating), we cautioned investors that we noted significant selling pressure at its critical resistance zone ($125) and urged them to avoid adding at those levels. Despite the sharp recovery from its May lows, we were concerned that the market could use the bullish sentiments in June to attract buyers into a trap before digesting those gains.Consequently, since our June article, BABA has significantly underperformed the SPDR S&P 500 ETF (SPY). As a result, it posted a return of -14.5%, against the SPY's 11.06% gain over the same period.The market has leveraged the recent pessimism astutely over its delisting risks and China's increasingly tenuous GDP growth target to shake out weak hands. As a result, the market pessimism has presented investors with another opportunity to consider adding BABA again!Therefore, we revise our rating on BABA from Hold to Buy. Notwithstanding, we caution investors that our price action analysis has yet to indicate any potential bear trap (indicating that the market decisively denied further selling downside) yet. Therefore, we are \"front-running\" the market in anticipation of robust buying support at the current levels to appear soon.Delisting And GDP Growth Target Fears!BABA slumped on July 29 as the US SEC added China's e-commerce behemoth to its delisting list, which stunned the market.However, are such headwinds new? Absolutely not. So, we urge investors not to overreact to such a move by the market to shake out weak hands. BABA got a boost recently as the company highlighted that it could seek a primary listing in Hong Kong, quelling fears of its delisting in the US. Furthermore, a primary listing in Hong Kong would enable Alibaba to leverage investors in mainland China to invest in its stock.Citi's (C) recent commentary was favorable of the move by Alibaba to seek a primary listing in Hong Kong. It emphasized (edited):We view the move as positive given the continued overhang on ADRs from the threat of delisting. A smooth transition to the new primary listing could pave the wave for other companies that already have dual listings. We view this as an important sentiment shift to attract more capital and liquidity to Alibaba and other China Internet stocks over time. - Barron'sNotwithstanding, KGI Asia (a leading Hong Kong brokerage firm) noted that the process could be more complex than what investors assessed. Accordingly, it accentuated (edited):On top of earnings concerns, there are some worries that the listing timetable for Ant might be delayed by Jack Ma's decision to give up his control over Ant Group. It's hard for A-share companies to obtain approval if there is a change in key shareholding structure within three years. - BloombergFurthermore, the market could also have been spooked by the language used by the Chinese government after its recent Politburo (China's highest decision-making body) meeting.The language in its statement suggested that China seems to be moving away from trying to maintain its 5.5% GDP growth target, which economists have emphasized for months is improbable. Bloomberg reported (edited):China's top leadership gave a downbeat assessment of economic growth but didn't announce new stimulus policies at a key meeting. It stated the country should achieve \"the best outcome\" possible for economic growth this year while sticking to a strict Covid Zero policy. There was no mention of the national economic goals as there was at the April meeting, suggesting the government is downplaying the target of \"around 5.5%\" growth for this year that most economists think is impossible after a slump last quarter. - BloombergInvestors Could Be Concerned With A Downbeat Q1 EarningsAlibaba revenue change % and adjusted EPS change % consensus estimates (S&P Cap IQ)As a result, we believe the market is attempting to de-risk its valuation of BABA, heading into its Q1 earnings.The revised consensus estimates (very bullish) suggest that Alibaba could post revenue growth of -0.9% YoY in FQ1, following Q4's 8.9% increase. However, its profitability could continue to see further headwinds, as its adjusted EPS is projected to fall by 36.7% YoY.Alibaba adjusted EBITA by segment (Company filings)However, we believe investors should not be stunned. There shouldn't be any surprises, right? Despite the growth momentum seen in Ali Cloud, commerce (physical and e-commerce) remains Alibaba's most critical adjusted EBITA driver, as seen above.Therefore, the current macro headwinds that have continued to impact China's consumer discretionary spending, coupled with the COVID lockdowns, would likely be persistent.Furthermore, the ongoing property market malaise has seen little signs of turning for the better, as homebuyers have gone on strike over making further mortgage payments on unfinished homes.Is BABA Stock A Buy, Sell, Or Hold?We revise our rating on BABA from Hold to Buy.We believe the recent pessimistic sentiments on BABA sets up the stock very nicely, heading into its Q1 card. In addition, positive commentary from management about its expected recovery from 2023 should help stabilize the stock. With a net cash position of $43.92B, Alibaba is in an enviable position to continue making strategic stock repurchases to underpin its recovery momentum moving forward.While we do not expect BABA to break below its March lows of $73, we have yet to observe constructive price structures that suggest its selling downside is facing significant buying pressure. Therefore, our Buy rating attempts to front-run the market, and investors should be ready for potential downside volatility.This article was written by JR Research","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901043669,"gmtCreate":1659103533451,"gmtModify":1676536258062,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"What happened?","listText":"What happened?","text":"What happened?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901043669","repostId":"1139103237","repostType":2,"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903005662,"gmtCreate":1658935571356,"gmtModify":1676536231239,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903005662","repostId":"1113398751","repostType":4,"repost":{"id":"1113398751","kind":"news","pubTimestamp":1658934661,"share":"https://ttm.financial/m/news/1113398751?lang=&edition=fundamental","pubTime":"2022-07-27 23:11","market":"fut","language":"en","title":"Oil Futures Gained 2% with U.S. Crude Supplies down a Second Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1113398751","media":"MarketWatch","summary":"Oil futures gained ground Wednesday, buoyed by U.S. government data showing weekly declines in domes","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/ddd9a5426a4ad66c48851c3d28852bc2\" tg-width=\"700\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Oil futures gained ground Wednesday, buoyed by U.S. government data showing weekly declines in domestic crude and product supplies.</p><p>Natural-gas futures edged lower after a three-session climb on the back of recent news that Russia has moved to curb supplies of the fuel to Europe.</p><p>Traders were also awaiting the outcome of a Federal Reserve meeting that’s expected to see another large interest-rate hike.</p><h2>Price action</h2><p>West Texas Intermediate crude for September delivery rose $2.17, or 2.28%, to $97.15 a barrel on the New York Mercantile Exchange.</p><p>September Brent crude the global benchmark, rose $2.08, or 2.09%, to $101.54 a barrel on ICE Futures Europe. <img src=\"https://static.tigerbbs.com/cd1b057aa382106ecac2806bec0057c2\" tg-width=\"293\" tg-height=\"82\" width=\"100%\" height=\"auto\"/></p><h2>Supply data</h2><p>Oil prices added to earlier gains on Wednesday after the Energy Information Administration reported weekly declines in U.S. crude, gasoline and distillate supplies.</p><p>“Despite the drop in refining activity, lower imports and strong exports have resulted in a solid draw to crude inventories — even with a 5.6 million-barrel [Strategic Petroleum Reserve] release into commercial stocks,” said Matt Smith, lead oil analyst, Americas, at Kpler. “Draws to both gasoline and distillates have rounded out a price-supportive report, as implied demand rose for both in the last week.”</p><p>U.S. crude inventories fell by 4.5 million barrels for the week ended July 22, the EIA reported Wednesday. On average, analysts expected a decline of 800,000 barrels, according to a poll conducted by S&amp;P Global Commodity Insights. The American Petroleum Institute late Tuesday said U.S. crude supplies fell 4 million barrels last week, according to the Dow Jones Newswires.</p><p>The EIA report also showed weekly supply declines of 3.3 million barrels for gasoline and 800,000 barrels for distillates. The analyst survey called for inventory decreases of 1.1 million barrels for gasoline and 200,000 barrels for distillates.</p><p>Crude stocks at the Cushing, Okla., Nymex delivery hub edged up by 700,000 barrels, while crude-oil stocks in the Strategic Petroleum Reserve fell by 5.6 million barrels last week, the EIA said.</p><h2>Market drivers</h2><p>Concerns that aggressive monetary tightening by the Fed and other central banks could tip the economy into recession or spark a sharp slowdown have weighed on crude-oil prices in recent weeks, analysts said.</p><p>The Fed is expected to announce another 75 basis point rise in its benchmark interest rate later Wednesday.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Futures Gained 2% with U.S. Crude Supplies down a Second Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Futures Gained 2% with U.S. Crude Supplies down a Second Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-27 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/oil-higher-ahead-of-inventory-data-fed-decision-11658921202?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil futures gained ground Wednesday, buoyed by U.S. government data showing weekly declines in domestic crude and product supplies.Natural-gas futures edged lower after a three-session climb on the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/oil-higher-ahead-of-inventory-data-fed-decision-11658921202?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/oil-higher-ahead-of-inventory-data-fed-decision-11658921202?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113398751","content_text":"Oil futures gained ground Wednesday, buoyed by U.S. government data showing weekly declines in domestic crude and product supplies.Natural-gas futures edged lower after a three-session climb on the back of recent news that Russia has moved to curb supplies of the fuel to Europe.Traders were also awaiting the outcome of a Federal Reserve meeting that’s expected to see another large interest-rate hike.Price actionWest Texas Intermediate crude for September delivery rose $2.17, or 2.28%, to $97.15 a barrel on the New York Mercantile Exchange.September Brent crude the global benchmark, rose $2.08, or 2.09%, to $101.54 a barrel on ICE Futures Europe. Supply dataOil prices added to earlier gains on Wednesday after the Energy Information Administration reported weekly declines in U.S. crude, gasoline and distillate supplies.“Despite the drop in refining activity, lower imports and strong exports have resulted in a solid draw to crude inventories — even with a 5.6 million-barrel [Strategic Petroleum Reserve] release into commercial stocks,” said Matt Smith, lead oil analyst, Americas, at Kpler. “Draws to both gasoline and distillates have rounded out a price-supportive report, as implied demand rose for both in the last week.”U.S. crude inventories fell by 4.5 million barrels for the week ended July 22, the EIA reported Wednesday. On average, analysts expected a decline of 800,000 barrels, according to a poll conducted by S&P Global Commodity Insights. The American Petroleum Institute late Tuesday said U.S. crude supplies fell 4 million barrels last week, according to the Dow Jones Newswires.The EIA report also showed weekly supply declines of 3.3 million barrels for gasoline and 800,000 barrels for distillates. The analyst survey called for inventory decreases of 1.1 million barrels for gasoline and 200,000 barrels for distillates.Crude stocks at the Cushing, Okla., Nymex delivery hub edged up by 700,000 barrels, while crude-oil stocks in the Strategic Petroleum Reserve fell by 5.6 million barrels last week, the EIA said.Market driversConcerns that aggressive monetary tightening by the Fed and other central banks could tip the economy into recession or spark a sharp slowdown have weighed on crude-oil prices in recent weeks, analysts said.The Fed is expected to announce another 75 basis point rise in its benchmark interest rate later Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9031450759,"gmtCreate":1646652014594,"gmtModify":1676534146895,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Follow Buffett to buy","listText":"Follow Buffett to buy","text":"Follow Buffett to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031450759","repostId":"1181438041","repostType":2,"repost":{"id":"1181438041","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":1646651636,"share":"https://ttm.financial/m/news/1181438041?lang=&edition=fundamental","pubTime":"2022-03-07 19:13","market":"us","language":"en","title":"Occidental Petroleum Jumped 8% as Buffett Discloses $5B Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1181438041","media":"Tiger Newspress","summary":"Occidental Petroleum jumped 8% as Buffett discloses $5B stake.Billionaire Warren Buffett's Berkshire","content":"<html><head></head><body><p>Occidental Petroleum jumped 8% as Buffett discloses $5B stake.<img src=\"https://static.tigerbbs.com/709ae152cd94c6cb1385782af7d9a09c\" tg-width=\"1161\" tg-height=\"920\" referrerpolicy=\"no-referrer\"/></p><p>Billionaire Warren Buffett&#39;s Berkshire Hathaway (NYSE:BRK.B) disclosed a more than $5B stake in oil giant Occidental Petroleum (NYSE:OXY), including purchasing $3B shares this week.</p><p>Berkshire Hathaway owns 91M shares, or slightly less than 10% stake, in Occidental Petroleum (OXY), according to the latest filings from Friday. The fund disclosed owning 30M shares of March 1 and added another 60m buying the stock on Wednesday, Thursday, and Friday, at prices ranging from $47.07 to $56.45.</p><p>Berkshire Hathaway in total owns about 175M shares of Occidental (OXY), including 84M in warrants. In addition, the fund owns 100,000 preferred shares in Occidental it received when it provided $10B to the oil company for its purchase of Anadarko Petroleum in 2019.</p><p>The 84M in warrants have an exercise price of $59.62 and are associated with Buffett&#39;s earlier investment in OXY to help facilitate the Anadarko acquisition. Including the warrants, Berkshire would have a $10B stake in OXY.</p><p>Occidental Petroleum (OXY) shares soared this week, skyrocketing 45%, including an 18% percent jump on Friday, as crude oil rose to $115 a barrel amid the Russian invasion into Ukraine.</p><p>JPMorgan earlier this week said that crude could hit $185 if the Russian self sanctioning continues and Bloomberg reported on Friday that Biden administration is considering a ban on U.S. imports of Russian crude oil.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Occidental Petroleum Jumped 8% as Buffett Discloses $5B Stake</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\">\nOccidental Petroleum Jumped 8% as Buffett Discloses $5B Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-07 19:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Occidental Petroleum jumped 8% as Buffett discloses $5B stake.<img src=\"https://static.tigerbbs.com/709ae152cd94c6cb1385782af7d9a09c\" tg-width=\"1161\" tg-height=\"920\" referrerpolicy=\"no-referrer\"/></p><p>Billionaire Warren Buffett&#39;s Berkshire Hathaway (NYSE:BRK.B) disclosed a more than $5B stake in oil giant Occidental Petroleum (NYSE:OXY), including purchasing $3B shares this week.</p><p>Berkshire Hathaway owns 91M shares, or slightly less than 10% stake, in Occidental Petroleum (OXY), according to the latest filings from Friday. The fund disclosed owning 30M shares of March 1 and added another 60m buying the stock on Wednesday, Thursday, and Friday, at prices ranging from $47.07 to $56.45.</p><p>Berkshire Hathaway in total owns about 175M shares of Occidental (OXY), including 84M in warrants. In addition, the fund owns 100,000 preferred shares in Occidental it received when it provided $10B to the oil company for its purchase of Anadarko Petroleum in 2019.</p><p>The 84M in warrants have an exercise price of $59.62 and are associated with Buffett&#39;s earlier investment in OXY to help facilitate the Anadarko acquisition. Including the warrants, Berkshire would have a $10B stake in OXY.</p><p>Occidental Petroleum (OXY) shares soared this week, skyrocketing 45%, including an 18% percent jump on Friday, as crude oil rose to $115 a barrel amid the Russian invasion into Ukraine.</p><p>JPMorgan earlier this week said that crude could hit $185 if the Russian self sanctioning continues and Bloomberg reported on Friday that Biden administration is considering a ban on U.S. imports of Russian crude oil.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181438041","content_text":"Occidental Petroleum jumped 8% as Buffett discloses $5B stake.Billionaire Warren Buffett's Berkshire Hathaway (NYSE:BRK.B) disclosed a more than $5B stake in oil giant Occidental Petroleum (NYSE:OXY), including purchasing $3B shares this week.Berkshire Hathaway owns 91M shares, or slightly less than 10% stake, in Occidental Petroleum (OXY), according to the latest filings from Friday. The fund disclosed owning 30M shares of March 1 and added another 60m buying the stock on Wednesday, Thursday, and Friday, at prices ranging from $47.07 to $56.45.Berkshire Hathaway in total owns about 175M shares of Occidental (OXY), including 84M in warrants. In addition, the fund owns 100,000 preferred shares in Occidental it received when it provided $10B to the oil company for its purchase of Anadarko Petroleum in 2019.The 84M in warrants have an exercise price of $59.62 and are associated with Buffett's earlier investment in OXY to help facilitate the Anadarko acquisition. Including the warrants, Berkshire would have a $10B stake in OXY.Occidental Petroleum (OXY) shares soared this week, skyrocketing 45%, including an 18% percent jump on Friday, as crude oil rose to $115 a barrel amid the Russian invasion into Ukraine.JPMorgan earlier this week said that crude could hit $185 if the Russian self sanctioning continues and Bloomberg reported on Friday that Biden administration is considering a ban on U.S. imports of Russian crude oil.","news_type":1},"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579899622172789","authorId":"3579899622172789","name":"Tradehub","avatar":"https://static.tigerbbs.com/3f9e3264ca5e5b85380896a391061b13","crmLevel":3,"crmLevelSwitch":1,"idStr":"3579899622172789","authorIdStr":"3579899622172789"},"content":"Still can buy $United States Oil Fund(USO)$ not too late. The prics will likely continue to raise. But buy with cautious.","text":"Still can buy $United States Oil Fund(USO)$ not too late. The prics will likely continue to raise. But buy with cautious.","html":"Still can buy $United States Oil Fund(USO)$ not too late. The prics will likely continue to raise. But buy with cautious."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095245232,"gmtCreate":1644937476636,"gmtModify":1676533977471,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Nice 👍","listText":"Nice 👍","text":"Nice 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095245232","repostId":"1148757238","repostType":2,"repost":{"id":"1148757238","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":1644937050,"share":"https://ttm.financial/m/news/1148757238?lang=&edition=fundamental","pubTime":"2022-02-15 22:57","market":"us","language":"en","title":"Some Hot Chinese ADRs Gained in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1148757238","media":"Tiger Newspress","summary":"TAL, iQiyi, Gaotu, Bilibili, Nio, Li Auto, and Alibaba rose between 2% and 20%.","content":"<html><head></head><body><p>TAL, iQiyi, Gaotu, Bilibili, Nio, Li Auto, and Alibaba rose between 2% and 20%.</p><p><img src=\"https://static.tigerbbs.com/16ca90558194d89c515405ada15733d7\" tg-width=\"707\" tg-height=\"663\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Some Hot Chinese ADRs Gained in Morning 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\">\nSome Hot Chinese ADRs Gained in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-15 22:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>TAL, iQiyi, Gaotu, Bilibili, Nio, Li Auto, and Alibaba rose between 2% and 20%.</p><p><img src=\"https://static.tigerbbs.com/16ca90558194d89c515405ada15733d7\" tg-width=\"707\" tg-height=\"663\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","BILI":"哔哩哔哩","TAL":"好未来","GOTU":"高途","IQ":"爱奇艺","NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148757238","content_text":"TAL, iQiyi, Gaotu, Bilibili, Nio, Li Auto, and Alibaba rose between 2% and 20%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901043669,"gmtCreate":1659103533451,"gmtModify":1676536258062,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"What happened?","listText":"What happened?","text":"What happened?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901043669","repostId":"1139103237","repostType":2,"repost":{"id":"1139103237","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":1659102890,"share":"https://ttm.financial/m/news/1139103237?lang=&edition=fundamental","pubTime":"2022-07-29 21:54","market":"us","language":"en","title":"Hot Chinese ADRs Sank in Morning Trading, With Alibaba and Bilibili Falling Over 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1139103237","media":"Tiger Newspress","summary":"Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.","content":"<html><head></head><body><p>Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.<img src=\"https://static.tigerbbs.com/e2bfd11edf891b52f17f36d22a8e2b06\" tg-width=\"253\" tg-height=\"432\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Chinese ADRs Sank in Morning Trading, With Alibaba and Bilibili Falling Over 7%</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\">\nHot Chinese ADRs Sank in Morning Trading, With Alibaba and Bilibili Falling Over 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-29 21:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.<img src=\"https://static.tigerbbs.com/e2bfd11edf891b52f17f36d22a8e2b06\" tg-width=\"253\" tg-height=\"432\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","BILI":"哔哩哔哩"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139103237","content_text":"Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049049998,"gmtCreate":1655728197414,"gmtModify":1676535693548,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Hope things get better soon","listText":"Hope things get better soon","text":"Hope things get better soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049049998","repostId":"1106694335","repostType":2,"repost":{"id":"1106694335","kind":"news","pubTimestamp":1655723950,"share":"https://ttm.financial/m/news/1106694335?lang=&edition=fundamental","pubTime":"2022-06-20 19:19","market":"us","language":"en","title":"JPMorgan Strategists See Equity Stress Easing in Second Half","url":"https://stock-news.laohu8.com/highlight/detail?id=1106694335","media":"Bloomberg","summary":"Inflation pressure, Fed hawkishness to cool in 2H: JPMorganStrategists recommend direct China exposu","content":"<html><head></head><body><ul><li>Inflation pressure, Fed hawkishness to cool in 2H: JPMorgan</li><li>Strategists recommend direct China exposure, UK, miners</li></ul><p>A selloff that saw US stocks sink into a bear market last week amid red-hot inflation data and a sharp Federal Reserve rate hike will likely ease in the second half, according to JPMorgan Chase &amp; Co.</p><p>“The call of peak Fed hawkishness got delayed, but it is not broken, for the second half,” strategists led by Mislav Matejka wrote in a note. “The continued adverse repricing of the Fed has understandably hurt markets, but that doesn’t need to be the template.” They also expect inflation pressures to ease in the second half.</p><p>US and European stock markets have been roiled since April, with stubbornly high inflation and hawkish central banks raising the specter of recession. The selloff has prompted Wall Street strategists to cut year-end targets for the S&amp;P 500 -- they expect the index to mostly bounce back, ending just 3% lower for the year, according to the latest Bloomberg survey.</p><p><img src=\"https://static.tigerbbs.com/2d7709ca6769d18fed37ab07a1e5334d\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>While the Fed’s so-called dot plot still suggests an aggressive pace of hikes, “if the Fed were to start delivering on expectations, rather than surprising on the upside, that could go a long way in stabilizing market sentiment,” the strategists said.</p><p>They reiterated their recommendation to add direct exposure to China and said they remained overweight on emerging markets compared with developed markets. Among the latter, they are neutral US equities and overweight UK and euro-zone stocks.</p><p>Among sectors, the strategists said they were overweight miners as valuations appeared attractive despite their recent outperformance. The group also offers “exceptional” dividend yields at 10%, they said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Strategists See Equity Stress Easing in Second Half</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\">\nJPMorgan Strategists See Equity Stress Easing in Second Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-20 19:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-06-20/jpmorgan-strategists-see-equity-stress-easing-in-second-half?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation pressure, Fed hawkishness to cool in 2H: JPMorganStrategists recommend direct China exposure, UK, minersA selloff that saw US stocks sink into a bear market last week amid red-hot inflation ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-06-20/jpmorgan-strategists-see-equity-stress-easing-in-second-half?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-06-20/jpmorgan-strategists-see-equity-stress-easing-in-second-half?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106694335","content_text":"Inflation pressure, Fed hawkishness to cool in 2H: JPMorganStrategists recommend direct China exposure, UK, minersA selloff that saw US stocks sink into a bear market last week amid red-hot inflation data and a sharp Federal Reserve rate hike will likely ease in the second half, according to JPMorgan Chase & Co.“The call of peak Fed hawkishness got delayed, but it is not broken, for the second half,” strategists led by Mislav Matejka wrote in a note. “The continued adverse repricing of the Fed has understandably hurt markets, but that doesn’t need to be the template.” They also expect inflation pressures to ease in the second half.US and European stock markets have been roiled since April, with stubbornly high inflation and hawkish central banks raising the specter of recession. The selloff has prompted Wall Street strategists to cut year-end targets for the S&P 500 -- they expect the index to mostly bounce back, ending just 3% lower for the year, according to the latest Bloomberg survey.While the Fed’s so-called dot plot still suggests an aggressive pace of hikes, “if the Fed were to start delivering on expectations, rather than surprising on the upside, that could go a long way in stabilizing market sentiment,” the strategists said.They reiterated their recommendation to add direct exposure to China and said they remained overweight on emerging markets compared with developed markets. Among the latter, they are neutral US equities and overweight UK and euro-zone stocks.Among sectors, the strategists said they were overweight miners as valuations appeared attractive despite their recent outperformance. The group also offers “exceptional” dividend yields at 10%, they said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581936112149803","authorId":"3581936112149803","name":"Chuanren","avatar":"https://static.tigerbbs.com/fdba794f66c22a5e45146c2d1f8e0acf","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581936112149803","authorIdStr":"3581936112149803"},"content":"hopefully more bloodshed then I can make a lot of money from the bear market and buy the 100 Tesla shares I always dreamed of😍","text":"hopefully more bloodshed then I can make a lot of money from the bear market and buy the 100 Tesla shares I always dreamed of😍","html":"hopefully more bloodshed then I can make a lot of money from the bear market and buy the 100 Tesla shares I always dreamed of😍"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9015346268,"gmtCreate":1649431561495,"gmtModify":1676534511483,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"BOA go go","listText":"BOA go go","text":"BOA go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015346268","repostId":"2225608592","repostType":4,"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9091520633,"gmtCreate":1643901758351,"gmtModify":1676533869712,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091520633","repostId":"1185157879","repostType":4,"repost":{"id":"1185157879","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":1643898773,"share":"https://ttm.financial/m/news/1185157879?lang=&edition=fundamental","pubTime":"2022-02-03 22:32","market":"us","language":"en","title":"Nasdaq Composite skids 2.4% lower; Dow off 0.4%; S&P 500 trades 1.5% lower early Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1185157879","media":"Tiger Newspress","summary":"U.S. stocks fell on Thursday as investors' renewed optimism on big tech names, driven by a slew of s","content":"<html><head></head><body><p>U.S. stocks fell on Thursday as investors&#39; renewed optimism on big tech names, driven by a slew of strong earnings, took a turn down after Facebook parent Meta Platforms reported disappointing quarterly results.</p><p>The Nasdaq Composite dropped 2.5%, and the S&amp;P 500 slid 1.3%. The Dow Jones Industrial Average fell 144 points, or 0.4%.</p><p>Meta Platforms shares plunged more than 23% after the company&#39;s quarterly profit fell short of expectations. The company also issued weaker-than-expected revenue guidance for the current quarter.</p><p>&#34;There was a lot to not like&#34; from Meta&#39;s report, Metropolitan Capital Advisors CEO Karen Finerman told CNBC&#39;s &#34;Fast Money.&#34; She noted that the company&#39;s revenue growth expectations were the &#34;spookiest&#34; part of the release. However, she added that the move down seems a &#34;little overdone.&#34;</p><p>Thursday&#39;s moves come after the major averages notched a four-day win streak during the regular session Wednesday, led by Google parent Alphabet. Investors bought the dip in tech stocks after shedding their positions throughout January as they braced for potential rate hikes from the Federal Reserve.</p><p>Strong earnings from Microsoft, Apple and Alphabet drove investors back into tech,reminding them that fundamentals are still strong, but Meta Platforms&#39; weak guidance has caused some to reverse course.</p><p>Other social media names, including Snap and Twitter, followed Facebook shares lower on Thursday. Snap shares slid 15%, and Twitter dropped about 6%.</p><p>Spotify Technology, meanwhile, fell 9.6% after the company&#39;s latest quarterly figures showed a slowdown in premium subscriber growth. Google-parent Alphabet, which gained 7.5% on Wednesday following blockbuster earnings, fell 1.4% Thursday. Amazon, which will report after the closing bell, fell 4%.</p><p>In early earnings news, Dow component Honeywell&#39;s shares fell 3.1% after the company beat narrowly on profit but fell short on revenue and provided lower-than-expected guidance.</p><p>On the economic data front, U.S. jobless claims came in at 238,000for the week ending Jan. 29, the Labor Department reported Thursday. Economists polled by Dow Jones expect initial claims to have fallen to 245,000 from 260,000 the week before.</p><p>Those numbers followed the release of ADP’ssurprisingly downbeat private payrolls data Wednesday. Investors are still looking forward to Friday’s release of nonfarm payrolls data. Consensus estimates see a gain of 150,000 jobs, according to Dow Jones, but Wall Street forecasters say the actual tally will be far lower, with one estimating a loss of 400,000 jobs in January.</p><p>In central bank news, the Bank of England announced a quarter-percentage-point interest rate increase, while the European Central Bank held the line on its benchmark rate despite inflation in the euro zone rising to a new record.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq Composite skids 2.4% lower; Dow off 0.4%; S&P 500 trades 1.5% lower early Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq Composite skids 2.4% lower; Dow off 0.4%; S&P 500 trades 1.5% lower early Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-03 22:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks fell on Thursday as investors&#39; renewed optimism on big tech names, driven by a slew of strong earnings, took a turn down after Facebook parent Meta Platforms reported disappointing quarterly results.</p><p>The Nasdaq Composite dropped 2.5%, and the S&amp;P 500 slid 1.3%. The Dow Jones Industrial Average fell 144 points, or 0.4%.</p><p>Meta Platforms shares plunged more than 23% after the company&#39;s quarterly profit fell short of expectations. The company also issued weaker-than-expected revenue guidance for the current quarter.</p><p>&#34;There was a lot to not like&#34; from Meta&#39;s report, Metropolitan Capital Advisors CEO Karen Finerman told CNBC&#39;s &#34;Fast Money.&#34; She noted that the company&#39;s revenue growth expectations were the &#34;spookiest&#34; part of the release. However, she added that the move down seems a &#34;little overdone.&#34;</p><p>Thursday&#39;s moves come after the major averages notched a four-day win streak during the regular session Wednesday, led by Google parent Alphabet. Investors bought the dip in tech stocks after shedding their positions throughout January as they braced for potential rate hikes from the Federal Reserve.</p><p>Strong earnings from Microsoft, Apple and Alphabet drove investors back into tech,reminding them that fundamentals are still strong, but Meta Platforms&#39; weak guidance has caused some to reverse course.</p><p>Other social media names, including Snap and Twitter, followed Facebook shares lower on Thursday. Snap shares slid 15%, and Twitter dropped about 6%.</p><p>Spotify Technology, meanwhile, fell 9.6% after the company&#39;s latest quarterly figures showed a slowdown in premium subscriber growth. Google-parent Alphabet, which gained 7.5% on Wednesday following blockbuster earnings, fell 1.4% Thursday. Amazon, which will report after the closing bell, fell 4%.</p><p>In early earnings news, Dow component Honeywell&#39;s shares fell 3.1% after the company beat narrowly on profit but fell short on revenue and provided lower-than-expected guidance.</p><p>On the economic data front, U.S. jobless claims came in at 238,000for the week ending Jan. 29, the Labor Department reported Thursday. Economists polled by Dow Jones expect initial claims to have fallen to 245,000 from 260,000 the week before.</p><p>Those numbers followed the release of ADP’ssurprisingly downbeat private payrolls data Wednesday. Investors are still looking forward to Friday’s release of nonfarm payrolls data. Consensus estimates see a gain of 150,000 jobs, according to Dow Jones, but Wall Street forecasters say the actual tally will be far lower, with one estimating a loss of 400,000 jobs in January.</p><p>In central bank news, the Bank of England announced a quarter-percentage-point interest rate increase, while the European Central Bank held the line on its benchmark rate despite inflation in the euro zone rising to a new record.</p></body></html>\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"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185157879","content_text":"U.S. stocks fell on Thursday as investors' renewed optimism on big tech names, driven by a slew of strong earnings, took a turn down after Facebook parent Meta Platforms reported disappointing quarterly results.The Nasdaq Composite dropped 2.5%, and the S&P 500 slid 1.3%. The Dow Jones Industrial Average fell 144 points, or 0.4%.Meta Platforms shares plunged more than 23% after the company's quarterly profit fell short of expectations. The company also issued weaker-than-expected revenue guidance for the current quarter.\"There was a lot to not like\" from Meta's report, Metropolitan Capital Advisors CEO Karen Finerman told CNBC's \"Fast Money.\" She noted that the company's revenue growth expectations were the \"spookiest\" part of the release. However, she added that the move down seems a \"little overdone.\"Thursday's moves come after the major averages notched a four-day win streak during the regular session Wednesday, led by Google parent Alphabet. Investors bought the dip in tech stocks after shedding their positions throughout January as they braced for potential rate hikes from the Federal Reserve.Strong earnings from Microsoft, Apple and Alphabet drove investors back into tech,reminding them that fundamentals are still strong, but Meta Platforms' weak guidance has caused some to reverse course.Other social media names, including Snap and Twitter, followed Facebook shares lower on Thursday. Snap shares slid 15%, and Twitter dropped about 6%.Spotify Technology, meanwhile, fell 9.6% after the company's latest quarterly figures showed a slowdown in premium subscriber growth. Google-parent Alphabet, which gained 7.5% on Wednesday following blockbuster earnings, fell 1.4% Thursday. Amazon, which will report after the closing bell, fell 4%.In early earnings news, Dow component Honeywell's shares fell 3.1% after the company beat narrowly on profit but fell short on revenue and provided lower-than-expected guidance.On the economic data front, U.S. jobless claims came in at 238,000for the week ending Jan. 29, the Labor Department reported Thursday. Economists polled by Dow Jones expect initial claims to have fallen to 245,000 from 260,000 the week before.Those numbers followed the release of ADP’ssurprisingly downbeat private payrolls data Wednesday. Investors are still looking forward to Friday’s release of nonfarm payrolls data. Consensus estimates see a gain of 150,000 jobs, according to Dow Jones, but Wall Street forecasters say the actual tally will be far lower, with one estimating a loss of 400,000 jobs in January.In central bank news, the Bank of England announced a quarter-percentage-point interest rate increase, while the European Central Bank held the line on its benchmark rate despite inflation in the euro zone rising to a new record.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172583237,"gmtCreate":1626966365929,"gmtModify":1703481606249,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"So sad, I bought at high","listText":"So sad, I bought at high","text":"So sad, I bought at high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/172583237","repostId":"1175825882","repostType":4,"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9044500343,"gmtCreate":1656777428382,"gmtModify":1676535892710,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044500343","repostId":"2248681169","repostType":4,"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039148975,"gmtCreate":1645974785336,"gmtModify":1676534078830,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Apple is awesome&nbsp;","listText":"Apple is awesome&nbsp;","text":"Apple is awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039148975","repostId":"1125580913","repostType":4,"repost":{"id":"1125580913","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":1645926503,"share":"https://ttm.financial/m/news/1125580913?lang=&edition=fundamental","pubTime":"2022-02-27 09:48","market":"us","language":"en","title":"Buffett Full Annual Letter：Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1125580913","media":"Tiger Newspress","summary":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-yea","content":"<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here：</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between  government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett Full Annual Letter：Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value</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\">\nBuffett Full Annual Letter：Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-27 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here：</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between  government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125580913","content_text":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”Read the full letter here：To the Shareholders of Berkshire Hathaway Inc.:Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.What You OwnBerkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.Surprise, SurpriseHere are a few items about your company that often surprise even seasoned investors:• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between  government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.Our Four GiantsThrough Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.InvestmentsNow let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.* This is our actual purchase price and also our tax basis.** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.U.S. Treasury BillsBerkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.But $144 billion?That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.Share RepurchasesThere are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.A Wonderful Man and a Wonderful BusinessLast year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.In all ways, Paul was a class act.* * * * * * * * * * * *Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.ThanksI taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction workingfor you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”The Annual MeetingClear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.February 26, 2022Warren E. Buffett Chairman of the Board","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007229472,"gmtCreate":1642909150497,"gmtModify":1676533757023,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Hope market recovery coming soon","listText":"Hope market recovery coming soon","text":"Hope market recovery coming soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007229472","repostId":"2205302378","repostType":4,"repost":{"id":"2205302378","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":1642800688,"share":"https://ttm.financial/m/news/2205302378?lang=&edition=fundamental","pubTime":"2022-01-22 05:31","market":"us","language":"en","title":"US STOCKS-S&P 500, Nasdaq Post Worst Weeks since Pandemic Start as Netflix Woes Deepen Slide","url":"https://stock-news.laohu8.com/highlight/detail?id=2205302378","media":"Reuters","summary":"* Netflix plunges, weighs on Disney, media stocks* S&P 500, Nasdaq have biggest weekly drops since March 2020* Focus turning to Fed meeting for clarity on policy* Indexes down: Dow 1.3%, S&P 1.89%, Na","content":"<html><head></head><body><p>* Netflix plunges, weighs on Disney, media stocks</p><p>* S&amp;P 500, Nasdaq have biggest weekly drops since March 2020</p><p>* Focus turning to Fed meeting for clarity on policy</p><p>* Indexes down: Dow 1.3%, S&amp;P 1.89%, Nasdaq 2.72%</p><p>Jan 21 (Reuters) - Wall Street&#39;s main indexes ended sharply lower on Friday as Netflix shares plunged after a weak earnings report, capping a brutal week for stocks that saw the S&amp;P 500 and Nasdaq log their  biggest weekly percentage drops since the onset of the pandemic in March 2020.</p><p>The benchmark S&amp;P 500 posted its third straight week of declines, ending 8.3% down from its early January record high.</p><p>Losses also deepened for the Nasdaq after the tech-heavy index earlier in the week confirmed it was in a correction, closing down over 10% from its November peak. The Nasdaq has now fallen 14.3% from its November peak and on Friday closed at its lowest level since June.</p><p>Netflix    shares tumbled 21.8%, weighing on the S&amp;P 500 and the Nasdaq, after the streaming giant forecast weak subscriber growth. Shares of competitor Walt Disney    fell 6.9%, dragging on the Dow, while Roku    also slid 9.1%.</p><p>&#34;It has really been a continuation of a tech rout,” said Paul Nolte, portfolio manager at Kingsview Investment Management. &#34;It’s really a combination of a rotation out of technology as well as very poor numbers from Netflix that I think is the catalyst for today.&#34;</p><p>The Dow Jones Industrial Average    fell 450.02 points, or 1.3%, to 34,265.37, the S&amp;P 500    lost 84.79 points, or 1.89%, to 4,397.94 and the Nasdaq Composite    dropped 385.10 points, or 2.72%, to 13,768.92.</p><p>For the week, the S&amp;P 500 fell 5.7%, the Dow dropped 4.6% and the Nasdaq declined 7.6%.</p><p>The Dow fell for a sixth straight session, its longest streak of daily declines since February 2020.</p><p>The S&amp;P 500 closed below its 200-day moving average, a key technical level, for the first time since June 2020.</p><p>&#34;When markets get like they&#39;ve gotten this week, the emotion is what takes over,&#34; said Jim Paulsen, chief investment strategist at The Leuthold Group. &#34;Until it finds support, no <a href=\"https://laohu8.com/S/AONE.U\">one</a>&#39;s going care about anything fundamental.&#34;</p><p>Stocks are off to a rough start in 2022, as a fast rise in Treasury yields amid concerns the Federal Reserve will become aggressive in controlling inflation has particularly hit tech and growth shares.</p><p>Investors are keenly focused on next week&#39;s Fed meeting for more clarity on the central bank&#39;s plans to tighten monetary policy in the coming months, after data last week showed U.S. consumer prices in December had the largest annual rise in nearly four decades.</p><p>“Between the Fed meeting and earnings, there is a lot that the market could be worried about next week,” said Anu Gaggar, global investment strategist at Commonwealth Financial Network.</p><p>Apple   , Tesla    and Microsoft    are among the large companies due to report next week in a busy week of earnings results.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.26-to-1 ratio; on Nasdaq, a 4.34-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted five new 52-week highs and 24 new lows; the Nasdaq Composite recorded 13 new highs and 1,029 new lows.</p><p>About 14.6 billion shares changed hands in U.S. exchanges, compared with the 10.4 billion daily average over the last 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500, Nasdaq Post Worst Weeks since Pandemic Start as Netflix Woes Deepen Slide</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\">\nUS STOCKS-S&P 500, Nasdaq Post Worst Weeks since Pandemic Start as Netflix Woes Deepen Slide\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\">2022-01-22 05:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Netflix plunges, weighs on Disney, media stocks</p><p>* S&amp;P 500, Nasdaq have biggest weekly drops since March 2020</p><p>* Focus turning to Fed meeting for clarity on policy</p><p>* Indexes down: Dow 1.3%, S&amp;P 1.89%, Nasdaq 2.72%</p><p>Jan 21 (Reuters) - Wall Street&#39;s main indexes ended sharply lower on Friday as Netflix shares plunged after a weak earnings report, capping a brutal week for stocks that saw the S&amp;P 500 and Nasdaq log their  biggest weekly percentage drops since the onset of the pandemic in March 2020.</p><p>The benchmark S&amp;P 500 posted its third straight week of declines, ending 8.3% down from its early January record high.</p><p>Losses also deepened for the Nasdaq after the tech-heavy index earlier in the week confirmed it was in a correction, closing down over 10% from its November peak. The Nasdaq has now fallen 14.3% from its November peak and on Friday closed at its lowest level since June.</p><p>Netflix    shares tumbled 21.8%, weighing on the S&amp;P 500 and the Nasdaq, after the streaming giant forecast weak subscriber growth. Shares of competitor Walt Disney    fell 6.9%, dragging on the Dow, while Roku    also slid 9.1%.</p><p>&#34;It has really been a continuation of a tech rout,” said Paul Nolte, portfolio manager at Kingsview Investment Management. &#34;It’s really a combination of a rotation out of technology as well as very poor numbers from Netflix that I think is the catalyst for today.&#34;</p><p>The Dow Jones Industrial Average    fell 450.02 points, or 1.3%, to 34,265.37, the S&amp;P 500    lost 84.79 points, or 1.89%, to 4,397.94 and the Nasdaq Composite    dropped 385.10 points, or 2.72%, to 13,768.92.</p><p>For the week, the S&amp;P 500 fell 5.7%, the Dow dropped 4.6% and the Nasdaq declined 7.6%.</p><p>The Dow fell for a sixth straight session, its longest streak of daily declines since February 2020.</p><p>The S&amp;P 500 closed below its 200-day moving average, a key technical level, for the first time since June 2020.</p><p>&#34;When markets get like they&#39;ve gotten this week, the emotion is what takes over,&#34; said Jim Paulsen, chief investment strategist at The Leuthold Group. &#34;Until it finds support, no <a href=\"https://laohu8.com/S/AONE.U\">one</a>&#39;s going care about anything fundamental.&#34;</p><p>Stocks are off to a rough start in 2022, as a fast rise in Treasury yields amid concerns the Federal Reserve will become aggressive in controlling inflation has particularly hit tech and growth shares.</p><p>Investors are keenly focused on next week&#39;s Fed meeting for more clarity on the central bank&#39;s plans to tighten monetary policy in the coming months, after data last week showed U.S. consumer prices in December had the largest annual rise in nearly four decades.</p><p>“Between the Fed meeting and earnings, there is a lot that the market could be worried about next week,” said Anu Gaggar, global investment strategist at Commonwealth Financial Network.</p><p>Apple   , Tesla    and Microsoft    are among the large companies due to report next week in a busy week of earnings results.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.26-to-1 ratio; on Nasdaq, a 4.34-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted five new 52-week highs and 24 new lows; the Nasdaq Composite recorded 13 new highs and 1,029 new lows.</p><p>About 14.6 billion shares changed hands in U.S. exchanges, compared with the 10.4 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","BK4548":"巴美列捷福持仓","BK4532":"文艺复兴科技持仓","BK4108":"电影和娱乐","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓",".SPX":"S&P 500 Index","BK4566":"资本集团",".IXIC":"NASDAQ Composite","BK4524":"宅经济概念",".DJI":"道琼斯","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4550":"红杉资本持仓","NFLX":"奈飞","BK4551":"寇图资本持仓","HUT":"Hut 8 Mining Corp","BK4504":"桥水持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2205302378","content_text":"* Netflix plunges, weighs on Disney, media stocks* S&P 500, Nasdaq have biggest weekly drops since March 2020* Focus turning to Fed meeting for clarity on policy* Indexes down: Dow 1.3%, S&P 1.89%, Nasdaq 2.72%Jan 21 (Reuters) - Wall Street's main indexes ended sharply lower on Friday as Netflix shares plunged after a weak earnings report, capping a brutal week for stocks that saw the S&P 500 and Nasdaq log their  biggest weekly percentage drops since the onset of the pandemic in March 2020.The benchmark S&P 500 posted its third straight week of declines, ending 8.3% down from its early January record high.Losses also deepened for the Nasdaq after the tech-heavy index earlier in the week confirmed it was in a correction, closing down over 10% from its November peak. The Nasdaq has now fallen 14.3% from its November peak and on Friday closed at its lowest level since June.Netflix    shares tumbled 21.8%, weighing on the S&P 500 and the Nasdaq, after the streaming giant forecast weak subscriber growth. Shares of competitor Walt Disney    fell 6.9%, dragging on the Dow, while Roku    also slid 9.1%.\"It has really been a continuation of a tech rout,” said Paul Nolte, portfolio manager at Kingsview Investment Management. \"It’s really a combination of a rotation out of technology as well as very poor numbers from Netflix that I think is the catalyst for today.\"The Dow Jones Industrial Average    fell 450.02 points, or 1.3%, to 34,265.37, the S&P 500    lost 84.79 points, or 1.89%, to 4,397.94 and the Nasdaq Composite    dropped 385.10 points, or 2.72%, to 13,768.92.For the week, the S&P 500 fell 5.7%, the Dow dropped 4.6% and the Nasdaq declined 7.6%.The Dow fell for a sixth straight session, its longest streak of daily declines since February 2020.The S&P 500 closed below its 200-day moving average, a key technical level, for the first time since June 2020.\"When markets get like they've gotten this week, the emotion is what takes over,\" said Jim Paulsen, chief investment strategist at The Leuthold Group. \"Until it finds support, no one's going care about anything fundamental.\"Stocks are off to a rough start in 2022, as a fast rise in Treasury yields amid concerns the Federal Reserve will become aggressive in controlling inflation has particularly hit tech and growth shares.Investors are keenly focused on next week's Fed meeting for more clarity on the central bank's plans to tighten monetary policy in the coming months, after data last week showed U.S. consumer prices in December had the largest annual rise in nearly four decades.“Between the Fed meeting and earnings, there is a lot that the market could be worried about next week,” said Anu Gaggar, global investment strategist at Commonwealth Financial Network.Apple   , Tesla    and Microsoft    are among the large companies due to report next week in a busy week of earnings results.Declining issues outnumbered advancing ones on the NYSE by a 4.26-to-1 ratio; on Nasdaq, a 4.34-to-1 ratio favored decliners.The S&P 500 posted five new 52-week highs and 24 new lows; the Nasdaq Composite recorded 13 new highs and 1,029 new lows.About 14.6 billion shares changed hands in U.S. exchanges, compared with the 10.4 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903005662,"gmtCreate":1658935571356,"gmtModify":1676536231239,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903005662","repostId":"1113398751","repostType":4,"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9063344729,"gmtCreate":1651416797078,"gmtModify":1676534903356,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"I'm optimistic about the stock","listText":"I'm optimistic about the stock","text":"I'm optimistic about the stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9063344729","repostId":"2232781157","repostType":2,"repost":{"id":"2232781157","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1651394950,"share":"https://ttm.financial/m/news/2232781157?lang=&edition=fundamental","pubTime":"2022-05-01 16:49","market":"us","language":"en","title":"NIO Delivered 5,074 Vehicles in April, and 30,842 Vehicles Year-to-Date in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2232781157","media":"GlobeNewswire","summary":"NIO delivered 5,074 vehicles in April 2022NIO delivered 30,842 vehicles year-to-date in 2022, increa","content":"<html><head></head><body><li><b><i>NIO delivered 5,074 vehicles in April 2022</i></b></li><ul><li><b><i>NIO delivered 30,842 vehicles year-to-date in 2022, increasing by 13.5% year-over-year</i></b></li><li><b><i>Cumulative deliveries of vehicles as of April 30, 2022 reached 197,912</i></b></li></ul><p><a href=\"https://laohu8.com/S/NIO\">NIO Inc. </a>, a pioneer and a leading company in the premium smart electric vehicle market, today announced its April 2022 delivery results.</p><p>NIO delivered 5,074 vehicles in April 2022. The deliveries consisted of 4,381 premium smart electric SUVs, including 1,251 ES8s, 1,878 ES6s and 1,252 EC6s, and 693 ET7s, the Company’s flagship premium smart electric sedan. As of April 30, 2022, cumulative deliveries reached 197,912 vehicles.</p><p>On April 29, 2022, the first batch of tooling trial builds of the ET5 rolled off the production line at the new manufacturing plant at NeoPark in Hefei. The Company expects to start delivery of the ET5 in September 2022.</p><p>NIO is committed to environmental protection and sustainability. In April 2022, the Company joined hands with the World Wide Fund for Nature in Clean Parks, an ecosystem co-construction initiative launched by NIO in 2021. The two parties will jointly establish a clean and low-carbon energy circulation system in national parks and nature reserves.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Delivered 5,074 Vehicles in April, and 30,842 Vehicles Year-to-Date in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Delivered 5,074 Vehicles in April, and 30,842 Vehicles Year-to-Date in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2022-05-01 16:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><li><b><i>NIO delivered 5,074 vehicles in April 2022</i></b></li><ul><li><b><i>NIO delivered 30,842 vehicles year-to-date in 2022, increasing by 13.5% year-over-year</i></b></li><li><b><i>Cumulative deliveries of vehicles as of April 30, 2022 reached 197,912</i></b></li></ul><p><a href=\"https://laohu8.com/S/NIO\">NIO Inc. </a>, a pioneer and a leading company in the premium smart electric vehicle market, today announced its April 2022 delivery results.</p><p>NIO delivered 5,074 vehicles in April 2022. The deliveries consisted of 4,381 premium smart electric SUVs, including 1,251 ES8s, 1,878 ES6s and 1,252 EC6s, and 693 ET7s, the Company’s flagship premium smart electric sedan. As of April 30, 2022, cumulative deliveries reached 197,912 vehicles.</p><p>On April 29, 2022, the first batch of tooling trial builds of the ET5 rolled off the production line at the new manufacturing plant at NeoPark in Hefei. The Company expects to start delivery of the ET5 in September 2022.</p><p>NIO is committed to environmental protection and sustainability. In April 2022, the Company joined hands with the World Wide Fund for Nature in Clean Parks, an ecosystem co-construction initiative launched by NIO in 2021. The two parties will jointly establish a clean and low-carbon energy circulation system in national parks and nature reserves.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4526":"热门中概股","BK4574":"无人驾驶","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4209":"餐馆","BK4099":"汽车制造商","BK4183":"个人用品","BK4548":"巴美列捷福持仓","NIO":"蔚来","BK4539":"次新股","BK4532":"文艺复兴科技持仓","BK4531":"中概回港概念","BK4191":"家用电器","BK4534":"瑞士信贷持仓","BK4139":"生物科技","BK4555":"新能源车","BK4007":"制药","BK4509":"腾讯概念","TERN":"Terns Pharmaceuticals, Inc.","BK4167":"医疗保健技术"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2232781157","content_text":"NIO delivered 5,074 vehicles in April 2022NIO delivered 30,842 vehicles year-to-date in 2022, increasing by 13.5% year-over-yearCumulative deliveries of vehicles as of April 30, 2022 reached 197,912NIO Inc. , a pioneer and a leading company in the premium smart electric vehicle market, today announced its April 2022 delivery results.NIO delivered 5,074 vehicles in April 2022. The deliveries consisted of 4,381 premium smart electric SUVs, including 1,251 ES8s, 1,878 ES6s and 1,252 EC6s, and 693 ET7s, the Company’s flagship premium smart electric sedan. As of April 30, 2022, cumulative deliveries reached 197,912 vehicles.On April 29, 2022, the first batch of tooling trial builds of the ET5 rolled off the production line at the new manufacturing plant at NeoPark in Hefei. The Company expects to start delivery of the ET5 in September 2022.NIO is committed to environmental protection and sustainability. In April 2022, the Company joined hands with the World Wide Fund for Nature in Clean Parks, an ecosystem co-construction initiative launched by NIO in 2021. The two parties will jointly establish a clean and low-carbon energy circulation system in national parks and nature reserves.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9083864739,"gmtCreate":1650093051918,"gmtModify":1676534646589,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Bank stocks good for long term investment&nbsp;","listText":"Bank stocks good for long term investment&nbsp;","text":"Bank stocks good for long term investment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9083864739","repostId":"1129630254","repostType":4,"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030897922,"gmtCreate":1645674106185,"gmtModify":1676534052473,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Should sell some stocks now before further loss?","listText":"Should sell some stocks now before further loss?","text":"Should sell some stocks now before further loss?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030897922","repostId":"2213091531","repostType":4,"repost":{"id":"2213091531","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":1645658738,"share":"https://ttm.financial/m/news/2213091531?lang=&edition=fundamental","pubTime":"2022-02-24 07:25","market":"us","language":"en","title":"US STOCKS-Wall Street Extends Selloff on Ukraine Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=2213091531","media":"Reuters","summary":"* U.S. and allies keep tougher measures against Russia in reserve* Lowe's rises after upbeat outlook* Indexes: Dow down 1.4%, S&P 500 down 1.8%, Nasdaq down 2.6%NEW YORK, Feb 23 (Reuters) - Wall Stree","content":"<html><head></head><body><p>* U.S. and allies keep tougher measures against Russia in reserve</p><p>* Lowe&#39;s rises after upbeat outlook</p><p>* Indexes: Dow down 1.4%, S&amp;P 500 down 1.8%, Nasdaq down 2.6%</p><p>NEW YORK, Feb 23 (Reuters) - Wall Street&#39;s major indexes ended sharply lower on Wednesday, extending their recent rout as Ukraine declared a state of emergency and the U.S. State Department said a Russian invasion of Ukraine remains potentially imminent.</p><p>The State Department added that Washington has not seen any indication of Russians backing away, while the White House said President Joe Biden has no intention of sending U.S. troops to fight in Ukraine.</p><p>Earlier, the West unveiled more sanctions against Russia over its move into eastern Ukraine, and Moscow began evacuating its Kyiv embassy.</p><p>Nasdaq led the day&#39;s decline, falling more than 2%, while the information technology sector    dropped 2.6% and was the biggest drag on the S&amp;P 500.</p><p>&#34;If anything (Russian) President Putin is digging his heels in despite the increased sanctions,&#34; said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. &#34;That&#39;s really adding to elevated nervousness about further aggressive actions and what that will mean for commodities and inflation overall.&#34;</p><p>The Dow came within a hair&#39;s breadth of confirming it was in a correction on Wednesday, while the S&amp;P 500 in the previous session confirmed it was in a correction when the index ended down more than 10% from its Jan. 3 closing record high. A correction is confirmed when an index closes 10% or more below its record closing level.</p><p>The Nasdaq has tumbled almost 19% from its record-high close on Nov. 19, nearing a 20% decline that many investors view as the definition of a bear market.</p><p>The Dow Jones Industrial Average    fell 464.85 points, or 1.38%, to 33,131.76, the S&amp;P 500    lost 79.26 points, or 1.84%, to 4,225.5 and the Nasdaq Composite    dropped 344.03 points, or 2.57%, to 13,037.49.</p><p>Investors also have been on edge about possible aggressive tightening by the Federal Reserve to combat inflation.</p><p>&#34;There&#39;s been geopolitical risks and rhetoric that have given investors that much more to be worried about,&#34; said Liz Young, head of investment strategy at SoFi.</p><p>&#34;What it&#39;s done is exacerbate the momentum that was already in place to the downside,&#34; she said. &#34;What we were seeing already coming into this was clearly a compression in multiples across a number of different highly valued areas of the market.&#34;</p><p>A Reuters poll showed the S&amp;P 500 index still rising by end-2022.</p><p>In company news, shares of Lowe&#39;s Cos Inc    ended slightly higher after the company raised full-year sales and profit forecasts.</p><p>Declining issues outnumbered advancing ones on the New York Stock Exchange by a 2.92-to-1 ratio; on Nasdaq, a 3.14-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 39 new lows; the Nasdaq Composite recorded 24 new highs and 550 new lows.</p><p>Volume on U.S. exchanges was 11.98 billion shares, compared with the roughly 12.3 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Extends Selloff on Ukraine Worries</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 STOCKS-Wall Street Extends Selloff on Ukraine Worries\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\">2022-02-24 07:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. and allies keep tougher measures against Russia in reserve</p><p>* Lowe&#39;s rises after upbeat outlook</p><p>* Indexes: Dow down 1.4%, S&amp;P 500 down 1.8%, Nasdaq down 2.6%</p><p>NEW YORK, Feb 23 (Reuters) - Wall Street&#39;s major indexes ended sharply lower on Wednesday, extending their recent rout as Ukraine declared a state of emergency and the U.S. State Department said a Russian invasion of Ukraine remains potentially imminent.</p><p>The State Department added that Washington has not seen any indication of Russians backing away, while the White House said President Joe Biden has no intention of sending U.S. troops to fight in Ukraine.</p><p>Earlier, the West unveiled more sanctions against Russia over its move into eastern Ukraine, and Moscow began evacuating its Kyiv embassy.</p><p>Nasdaq led the day&#39;s decline, falling more than 2%, while the information technology sector    dropped 2.6% and was the biggest drag on the S&amp;P 500.</p><p>&#34;If anything (Russian) President Putin is digging his heels in despite the increased sanctions,&#34; said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. &#34;That&#39;s really adding to elevated nervousness about further aggressive actions and what that will mean for commodities and inflation overall.&#34;</p><p>The Dow came within a hair&#39;s breadth of confirming it was in a correction on Wednesday, while the S&amp;P 500 in the previous session confirmed it was in a correction when the index ended down more than 10% from its Jan. 3 closing record high. A correction is confirmed when an index closes 10% or more below its record closing level.</p><p>The Nasdaq has tumbled almost 19% from its record-high close on Nov. 19, nearing a 20% decline that many investors view as the definition of a bear market.</p><p>The Dow Jones Industrial Average    fell 464.85 points, or 1.38%, to 33,131.76, the S&amp;P 500    lost 79.26 points, or 1.84%, to 4,225.5 and the Nasdaq Composite    dropped 344.03 points, or 2.57%, to 13,037.49.</p><p>Investors also have been on edge about possible aggressive tightening by the Federal Reserve to combat inflation.</p><p>&#34;There&#39;s been geopolitical risks and rhetoric that have given investors that much more to be worried about,&#34; said Liz Young, head of investment strategy at SoFi.</p><p>&#34;What it&#39;s done is exacerbate the momentum that was already in place to the downside,&#34; she said. &#34;What we were seeing already coming into this was clearly a compression in multiples across a number of different highly valued areas of the market.&#34;</p><p>A Reuters poll showed the S&amp;P 500 index still rising by end-2022.</p><p>In company news, shares of Lowe&#39;s Cos Inc    ended slightly higher after the company raised full-year sales and profit forecasts.</p><p>Declining issues outnumbered advancing ones on the New York Stock Exchange by a 2.92-to-1 ratio; on Nasdaq, a 3.14-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 39 new lows; the Nasdaq Composite recorded 24 new highs and 550 new lows.</p><p>Volume on U.S. exchanges was 11.98 billion shares, compared with the roughly 12.3 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQQQ":"纳指三倍做空ETF","QLD":"纳指两倍做多ETF","DJX":"1/100道琼斯","DOG":"道指反向ETF","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF",".DJI":"道琼斯","UDOW":"道指三倍做多ETF-ProShares","TQQQ":"纳指三倍做多ETF","DXD":"道指两倍做空ETF","QID":"纳指两倍做空ETF","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","PSQ":"纳指反向ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2213091531","content_text":"* U.S. and allies keep tougher measures against Russia in reserve* Lowe's rises after upbeat outlook* Indexes: Dow down 1.4%, S&P 500 down 1.8%, Nasdaq down 2.6%NEW YORK, Feb 23 (Reuters) - Wall Street's major indexes ended sharply lower on Wednesday, extending their recent rout as Ukraine declared a state of emergency and the U.S. State Department said a Russian invasion of Ukraine remains potentially imminent.The State Department added that Washington has not seen any indication of Russians backing away, while the White House said President Joe Biden has no intention of sending U.S. troops to fight in Ukraine.Earlier, the West unveiled more sanctions against Russia over its move into eastern Ukraine, and Moscow began evacuating its Kyiv embassy.Nasdaq led the day's decline, falling more than 2%, while the information technology sector    dropped 2.6% and was the biggest drag on the S&P 500.\"If anything (Russian) President Putin is digging his heels in despite the increased sanctions,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. \"That's really adding to elevated nervousness about further aggressive actions and what that will mean for commodities and inflation overall.\"The Dow came within a hair's breadth of confirming it was in a correction on Wednesday, while the S&P 500 in the previous session confirmed it was in a correction when the index ended down more than 10% from its Jan. 3 closing record high. A correction is confirmed when an index closes 10% or more below its record closing level.The Nasdaq has tumbled almost 19% from its record-high close on Nov. 19, nearing a 20% decline that many investors view as the definition of a bear market.The Dow Jones Industrial Average    fell 464.85 points, or 1.38%, to 33,131.76, the S&P 500    lost 79.26 points, or 1.84%, to 4,225.5 and the Nasdaq Composite    dropped 344.03 points, or 2.57%, to 13,037.49.Investors also have been on edge about possible aggressive tightening by the Federal Reserve to combat inflation.\"There's been geopolitical risks and rhetoric that have given investors that much more to be worried about,\" said Liz Young, head of investment strategy at SoFi.\"What it's done is exacerbate the momentum that was already in place to the downside,\" she said. \"What we were seeing already coming into this was clearly a compression in multiples across a number of different highly valued areas of the market.\"A Reuters poll showed the S&P 500 index still rising by end-2022.In company news, shares of Lowe's Cos Inc    ended slightly higher after the company raised full-year sales and profit forecasts.Declining issues outnumbered advancing ones on the New York Stock Exchange by a 2.92-to-1 ratio; on Nasdaq, a 3.14-to-1 ratio favored decliners.The S&P 500 posted 2 new 52-week highs and 39 new lows; the Nasdaq Composite recorded 24 new highs and 550 new lows.Volume on U.S. exchanges was 11.98 billion shares, compared with the roughly 12.3 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881509854,"gmtCreate":1631354572178,"gmtModify":1676530534747,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881509854","repostId":"1147045390","repostType":4,"repost":{"id":"1147045390","kind":"news","pubTimestamp":1631321547,"share":"https://ttm.financial/m/news/1147045390?lang=&edition=fundamental","pubTime":"2021-09-11 08:52","market":"us","language":"en","title":"Why Apple’s Risk Is Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=1147045390","media":"Barrons","summary":"Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple  to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30%","content":"<p>Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.</p>\n<p>In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.</p>\n<p>Data from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.</p>\n<p>SensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.</p>\n<p>Gene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.</p>\n<p>Munster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.</p>\n<p>“After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”</p>\n<p>Evercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.</p>\n<p>Wedbush analyst Dan Ives told&nbsp;<i>Barron’s</i>&nbsp;he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.</p>\n<p>The ruling is more a positive for companies like&nbsp;Spotify Technology&nbsp;and&nbsp;Match Group&nbsp;than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97&nbsp;on&nbsp;Friday, while Spotify and March gained 0.7% and&nbsp;4.2%, respectively.</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>Why Apple’s Risk Is Limited</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Apple’s Risk Is Limited\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 08:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2\">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.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147045390","content_text":"Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.\nIn a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.\nData from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.\nSensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.\nGene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.\nMunster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.\n“After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”\nEvercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.\nWedbush analyst Dan Ives told Barron’s he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.\nThe ruling is more a positive for companies like Spotify Technology and Match Group than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97 on Friday, while Spotify and March gained 0.7% and 4.2%, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814966510,"gmtCreate":1630745190330,"gmtModify":1676530389423,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Hope can go up more","listText":"Hope can go up more","text":"Hope can go up more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814966510","repostId":"1198573200","repostType":4,"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149778577,"gmtCreate":1625751244499,"gmtModify":1703747783271,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Sad, most of the share prices drop","listText":"Sad, most of the share prices drop","text":"Sad, most of the share prices drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149778577","repostId":"1143211463","repostType":4,"repost":{"id":"1143211463","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":1625751059,"share":"https://ttm.financial/m/news/1143211463?lang=&edition=fundamental","pubTime":"2021-07-08 21:30","market":"us","language":"en","title":"Dow drops 400 points amid global economic recovery concerns, bond yields slide","url":"https://stock-news.laohu8.com/highlight/detail?id=1143211463","media":"Tiger Newspress","summary":"The major U.S. stock indexes fell on Thursday on concern about the global economic comeback from Cov","content":"<p>The major U.S. stock indexes fell on Thursday on concern about the global economic comeback from Covid-19. The losses came as Japandeclared a state of emergency in Tokyofor the upcoming Olympics and as countries deal with a rebound in cases because of Covid variants.</p>\n<p>The Dow Jones Industrial Average dropped about 400 points, or 1.1% with losses increasing throughout the overnight session. The S&amp;P 500 lost 1.25%. The Nasdaq 100 Composite fell 1.6%. Both the S&amp;P 500 and Nasdaq Composite closed at records in the prior session because of gains from tech shares.</p>\n<p>The Labor Department'slatest jobless claims datacame in unexpectedly higher at 373,000, signaling a slowdown in the the labor picture amid the Covid recovery. Economists expected to see 350,000 first-time applicants for unemployment benefits for the week ended July 3, according to Dow Jones.</p>\n<p>Premarket losses were led by companies that would benefit from a rapid economic comeback from the virus. Shares ofCarnivalandRoyal Caribbeaneach dropped more than 3%.American AirlinesandDelta Air Lineseach fell more than 2% in early trading.Boeingfell 2%.FordandNikewere also lower. RetailersLowe'sandHome Depotalso dipped in premarket trading.</p>\n<p>Chip stocks also fell on concerns about the pace of the global recovery.Micron,NVIDIA,Qualcomm,IntelandApplied Materialsalso ticked lower in the premarket.</p>\n<p>\"The market has been in one of those 'Goldilocks' stretches when economic growth was accelerating while inflation and interest rates remained low.&nbsp;Increased Covid cases, particularly Delta Variants have caused concerns that the economic acceleration will slow,\" Timothy Lesko of Granite Investment Advisors told CNBC. \"A few weeks ago the porridge was too hot, now it seems it is too cold.&nbsp;With markets at all time highs and some valuations stretched there is little room for economic slowdown in this market.\"</p>\n<p>Investors rotated into the safety of Treasuries further on Thursday, pushing the yield on the10-year Treasurybelow 1.255% to the lowest since late February. Despite the recovering economy and fast inflation, the 10-year Treasury yield continues to decline. It was at 1.58% to start July and hit a 2021 high of 1.78% in March. Traders remain confused about the exact reasons for the rollover in yields, with many citing concern that the best of the economic recovery may be behind us.</p>\n<p>Bank of America,Wells Fargo,Goldman Sachsand other financial shares declined in premarket trading as their profitability outlook dimmed with lower rates.JPMorgan ChaseandPNC Financialwere also lower.</p>\n<p>\"Nothing suggests the near slump in yields is over,\" wrote Christopher Harvey, head of equity strategy at Wells Fargo, in a note Thursday. \"A sharp drop below 1.25% could cause equity PMs to believe that something is wrong or broken. As a result, we see a growing possibility of a 5% selloff in equities before earnings season.\"</p>\n<p>Harvey noted he believes the buying in bonds is more technical in nature and not due to macroeconomic factors.</p>\n<p>Spectatorscould be banned from the Olympic games, according to a report following the state of emergency declaration for Tokyo by Japan.</p>\n<p>Meanwhile the global Covid death toll continued to advance,exceeding 4 million on late Wednesday, as countries including India battle more transmissible variants.</p>\n<p>TheCboe Volatility index, or 'VIX,' surged above the key 20 level Thursday morning, perhaps signaling a period of greater volatility ahead.</p>\n<p>\"The 40 basis point decline in the yield on the benchmark 10-year Treasury note since late-March suggests that the global grab for yield remains a potent force, despite the Fed's desire to let the economy run hot,\" Steven Ricchiuto, U.S. chief economist at Mizuho Securities, wrote in a note this week.</p>\n<p>\"A stronger currency, increased virus concerns oversea, and the associated demand for long-term Treasury notes and bonds implies reduced inflation expectations and increased risk of importing global deflation,\" he added.</p>\n<p>So-called meme stocks took big hits on Thursday as the sell-off caused investors to flee stocks likeAMCandGameStopthat had been boosted by speculative trading by retail traders chatting on Reddit.</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>Dow drops 400 points amid global economic recovery concerns, bond yields slide</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow drops 400 points amid global economic recovery concerns, bond yields slide\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-08 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The major U.S. stock indexes fell on Thursday on concern about the global economic comeback from Covid-19. The losses came as Japandeclared a state of emergency in Tokyofor the upcoming Olympics and as countries deal with a rebound in cases because of Covid variants.</p>\n<p>The Dow Jones Industrial Average dropped about 400 points, or 1.1% with losses increasing throughout the overnight session. The S&amp;P 500 lost 1.25%. The Nasdaq 100 Composite fell 1.6%. Both the S&amp;P 500 and Nasdaq Composite closed at records in the prior session because of gains from tech shares.</p>\n<p>The Labor Department'slatest jobless claims datacame in unexpectedly higher at 373,000, signaling a slowdown in the the labor picture amid the Covid recovery. Economists expected to see 350,000 first-time applicants for unemployment benefits for the week ended July 3, according to Dow Jones.</p>\n<p>Premarket losses were led by companies that would benefit from a rapid economic comeback from the virus. Shares ofCarnivalandRoyal Caribbeaneach dropped more than 3%.American AirlinesandDelta Air Lineseach fell more than 2% in early trading.Boeingfell 2%.FordandNikewere also lower. RetailersLowe'sandHome Depotalso dipped in premarket trading.</p>\n<p>Chip stocks also fell on concerns about the pace of the global recovery.Micron,NVIDIA,Qualcomm,IntelandApplied Materialsalso ticked lower in the premarket.</p>\n<p>\"The market has been in one of those 'Goldilocks' stretches when economic growth was accelerating while inflation and interest rates remained low.&nbsp;Increased Covid cases, particularly Delta Variants have caused concerns that the economic acceleration will slow,\" Timothy Lesko of Granite Investment Advisors told CNBC. \"A few weeks ago the porridge was too hot, now it seems it is too cold.&nbsp;With markets at all time highs and some valuations stretched there is little room for economic slowdown in this market.\"</p>\n<p>Investors rotated into the safety of Treasuries further on Thursday, pushing the yield on the10-year Treasurybelow 1.255% to the lowest since late February. Despite the recovering economy and fast inflation, the 10-year Treasury yield continues to decline. It was at 1.58% to start July and hit a 2021 high of 1.78% in March. Traders remain confused about the exact reasons for the rollover in yields, with many citing concern that the best of the economic recovery may be behind us.</p>\n<p>Bank of America,Wells Fargo,Goldman Sachsand other financial shares declined in premarket trading as their profitability outlook dimmed with lower rates.JPMorgan ChaseandPNC Financialwere also lower.</p>\n<p>\"Nothing suggests the near slump in yields is over,\" wrote Christopher Harvey, head of equity strategy at Wells Fargo, in a note Thursday. \"A sharp drop below 1.25% could cause equity PMs to believe that something is wrong or broken. As a result, we see a growing possibility of a 5% selloff in equities before earnings season.\"</p>\n<p>Harvey noted he believes the buying in bonds is more technical in nature and not due to macroeconomic factors.</p>\n<p>Spectatorscould be banned from the Olympic games, according to a report following the state of emergency declaration for Tokyo by Japan.</p>\n<p>Meanwhile the global Covid death toll continued to advance,exceeding 4 million on late Wednesday, as countries including India battle more transmissible variants.</p>\n<p>TheCboe Volatility index, or 'VIX,' surged above the key 20 level Thursday morning, perhaps signaling a period of greater volatility ahead.</p>\n<p>\"The 40 basis point decline in the yield on the benchmark 10-year Treasury note since late-March suggests that the global grab for yield remains a potent force, despite the Fed's desire to let the economy run hot,\" Steven Ricchiuto, U.S. chief economist at Mizuho Securities, wrote in a note this week.</p>\n<p>\"A stronger currency, increased virus concerns oversea, and the associated demand for long-term Treasury notes and bonds implies reduced inflation expectations and increased risk of importing global deflation,\" he added.</p>\n<p>So-called meme stocks took big hits on Thursday as the sell-off caused investors to flee stocks likeAMCandGameStopthat had been boosted by speculative trading by retail traders chatting on Reddit.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143211463","content_text":"The major U.S. stock indexes fell on Thursday on concern about the global economic comeback from Covid-19. The losses came as Japandeclared a state of emergency in Tokyofor the upcoming Olympics and as countries deal with a rebound in cases because of Covid variants.\nThe Dow Jones Industrial Average dropped about 400 points, or 1.1% with losses increasing throughout the overnight session. The S&P 500 lost 1.25%. The Nasdaq 100 Composite fell 1.6%. Both the S&P 500 and Nasdaq Composite closed at records in the prior session because of gains from tech shares.\nThe Labor Department'slatest jobless claims datacame in unexpectedly higher at 373,000, signaling a slowdown in the the labor picture amid the Covid recovery. Economists expected to see 350,000 first-time applicants for unemployment benefits for the week ended July 3, according to Dow Jones.\nPremarket losses were led by companies that would benefit from a rapid economic comeback from the virus. Shares ofCarnivalandRoyal Caribbeaneach dropped more than 3%.American AirlinesandDelta Air Lineseach fell more than 2% in early trading.Boeingfell 2%.FordandNikewere also lower. RetailersLowe'sandHome Depotalso dipped in premarket trading.\nChip stocks also fell on concerns about the pace of the global recovery.Micron,NVIDIA,Qualcomm,IntelandApplied Materialsalso ticked lower in the premarket.\n\"The market has been in one of those 'Goldilocks' stretches when economic growth was accelerating while inflation and interest rates remained low. Increased Covid cases, particularly Delta Variants have caused concerns that the economic acceleration will slow,\" Timothy Lesko of Granite Investment Advisors told CNBC. \"A few weeks ago the porridge was too hot, now it seems it is too cold. With markets at all time highs and some valuations stretched there is little room for economic slowdown in this market.\"\nInvestors rotated into the safety of Treasuries further on Thursday, pushing the yield on the10-year Treasurybelow 1.255% to the lowest since late February. Despite the recovering economy and fast inflation, the 10-year Treasury yield continues to decline. It was at 1.58% to start July and hit a 2021 high of 1.78% in March. Traders remain confused about the exact reasons for the rollover in yields, with many citing concern that the best of the economic recovery may be behind us.\nBank of America,Wells Fargo,Goldman Sachsand other financial shares declined in premarket trading as their profitability outlook dimmed with lower rates.JPMorgan ChaseandPNC Financialwere also lower.\n\"Nothing suggests the near slump in yields is over,\" wrote Christopher Harvey, head of equity strategy at Wells Fargo, in a note Thursday. \"A sharp drop below 1.25% could cause equity PMs to believe that something is wrong or broken. As a result, we see a growing possibility of a 5% selloff in equities before earnings season.\"\nHarvey noted he believes the buying in bonds is more technical in nature and not due to macroeconomic factors.\nSpectatorscould be banned from the Olympic games, according to a report following the state of emergency declaration for Tokyo by Japan.\nMeanwhile the global Covid death toll continued to advance,exceeding 4 million on late Wednesday, as countries including India battle more transmissible variants.\nTheCboe Volatility index, or 'VIX,' surged above the key 20 level Thursday morning, perhaps signaling a period of greater volatility ahead.\n\"The 40 basis point decline in the yield on the benchmark 10-year Treasury note since late-March suggests that the global grab for yield remains a potent force, despite the Fed's desire to let the economy run hot,\" Steven Ricchiuto, U.S. chief economist at Mizuho Securities, wrote in a note this week.\n\"A stronger currency, increased virus concerns oversea, and the associated demand for long-term Treasury notes and bonds implies reduced inflation expectations and increased risk of importing global deflation,\" he added.\nSo-called meme stocks took big hits on Thursday as the sell-off caused investors to flee stocks likeAMCandGameStopthat had been boosted by speculative trading by retail traders chatting on Reddit.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154801988,"gmtCreate":1625493772144,"gmtModify":1703742674655,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"themes":[],"htmlText":"Please go up","listText":"Please go up","text":"Please go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/154801988","repostId":"1157317474","repostType":4,"repost":{"id":"1157317474","kind":"news","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</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>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}