ElunMask personal page - To The Moon

ElunMask

ElunMask

No personal profile

592Follow

47Followers

0Topic

0Badge

01-16

$Tesla Motors(TSLA)$

01-12

please join the game tgt

01-11

thanks guys for liking my post

01-10

please like the post together guys

01-09

please like the post together guys

01-07

lets go guys win some points

01-06

guys les go dont wait

01-04

play and win together guys

01-03

Please join the game guys

2023-12-31

yo guys please join the game

2023-12-30

yo guys please join the game

2023-12-28

nice activity guys please join

2023-12-27

please join this wonderful game

2023-12-26

guys come win prices tgt

2023-12-25

please join the game

@TigerEvents:🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅

2023-12-25

I like the game, please join us to win rewards

2023-11-21

hg

@MillionaireTiger:Caught the Wave? Palantir Rebounded 270% from the Low – Curious about Your Potential Gains?

2023-11-21

hh

@HONGHAO:Hao Hong | Outlook 2024: A Year of Normalization

2023-11-02

The main indices on Wall Street closed the month higher for the day, attempting to regain their footing at the end of a bruising October. The blue chip Dow fell 1.4% and the broad-based S&P dropped 2.2% last month, resulting in their first three-month losing streak since March 2020. The tech-heavy fell 2.8%, its worst October since 2018.

2023-05-03

Great ariticle, would you like to share it?

@ZEROHERO:Market Testing Double Top Awaiting FOMC Outcome

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3579673345882908","uuid":"3579673345882908","gmtCreate":1616579322419,"gmtModify":1622685905317,"name":"ElunMask","pinyin":"elunmask","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":47,"headSize":592,"tweetSize":428,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.20","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.89%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":23,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":263714787979480,"gmtCreate":1705419155599,"gmtModify":1705419157798,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp;","text":"$Tesla Motors(TSLA)$","images":[{"img":"https://community-static.tradeup.com/news/a187c00084c4f0ff4a1186589311f1d5","width":"1086","height":"1713"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/263714787979480","isVote":1,"tweetType":1,"viewCount":830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":261961273012248,"gmtCreate":1704990135086,"gmtModify":1704990139347,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"please join the game tgt","listText":"please join the game tgt","text":"please join the game tgt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261961273012248","isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261937149821104,"gmtCreate":1704984259307,"gmtModify":1704984263815,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"thanks guys for liking my post","listText":"thanks guys for liking my post","text":"thanks guys for liking my post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261937149821104","isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261354926071944,"gmtCreate":1704817704618,"gmtModify":1704817708525,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"please like the post together guys","listText":"please like the post together guys","text":"please like the post together guys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261354926071944","isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261314870476848,"gmtCreate":1704808048627,"gmtModify":1704808052771,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"please like the post together guys","listText":"please like the post together guys","text":"please like the post together guys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261314870476848","isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":260348886790328,"gmtCreate":1704572223270,"gmtModify":1704572227699,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"lets go guys win some points","listText":"lets go guys win some points","text":"lets go guys win some points","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/260348886790328","isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":260150219641064,"gmtCreate":1704523725204,"gmtModify":1704523729780,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"guys les go dont wait","listText":"guys les go dont wait","text":"guys les go dont wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/260150219641064","isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259233083871400,"gmtCreate":1704301920296,"gmtModify":1704301924464,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"play and win together guys","listText":"play and win together guys","text":"play and win together guys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259233083871400","isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258775071535272,"gmtCreate":1704211542634,"gmtModify":1704211546643,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Please join the game guys","listText":"Please join the game guys","text":"Please join the game guys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258775071535272","isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257726920667352,"gmtCreate":1703955509214,"gmtModify":1703955513382,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"yo guys please join the game","listText":"yo guys please join the game","text":"yo guys please join the game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257726920667352","isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257386652938440,"gmtCreate":1703872532972,"gmtModify":1703872536958,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"yo guys please join the game","listText":"yo guys please join the game","text":"yo guys please join the game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257386652938440","isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":256954157735992,"gmtCreate":1703766982574,"gmtModify":1703766986656,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"nice activity guys please join","listText":"nice activity guys please join","text":"nice activity guys please join","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/256954157735992","isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":256642291573008,"gmtCreate":1703690711374,"gmtModify":1703690716832,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"please join this wonderful game&nbsp;","listText":"please join this wonderful game&nbsp;","text":"please join this wonderful game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/256642291573008","isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255943030759600,"gmtCreate":1703520237553,"gmtModify":1703520241589,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"guys come win prices tgt","listText":"guys come win prices tgt","text":"guys come win prices tgt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255943030759600","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255941009473584,"gmtCreate":1703519734865,"gmtModify":1703519738188,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"please join the game","listText":"please join the game","text":"please join the game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255941009473584","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255940383572000,"gmtCreate":1703519578395,"gmtModify":1703519582458,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"I like the game, please join us to win rewards","listText":"I like the game, please join us to win rewards","text":"I like the game, please join us to win rewards","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255940383572000","isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":243948563853376,"gmtCreate":1700581795651,"gmtModify":1700581800119,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"hg","listText":"hg","text":"hg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/243948563853376","repostId":"243841669628136","repostType":1,"repost":{"id":243841669628136,"gmtCreate":1700568826003,"gmtModify":1703596639432,"author":{"id":"3527667618821228","authorId":"3527667618821228","name":"MillionaireTiger","avatar":"https://static.tigerbbs.com/dc558bf32e48ad6ed6d057026ef55af7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667618821228","authorIdStr":"3527667618821228"},"themes":[],"title":"Caught the Wave? Palantir Rebounded 270% from the Low – Curious about Your Potential Gains?","htmlText":"Do you know how much <a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> has rebounded from its lowest point so far today? 270%!!!Investors who successfully bought the dip are making a fortune, and “Palantard” has also recovered from its slump! Interested in knowing how much they've gained?Let's take a look!Special commend: <a href=\"https://ttm.financial/TW/241277757636912\" target=\"_blank\">How to achieve an 8%* annualized yield on your Tiger Vault Fund?</a>Congratulations to <a href=\"https://ttm.financial/U/3577696729570792\">@PalantirMood</a> for riding this upward trend and making a substantial profit of $40k!Congratulations to <a href=\"https://ttm.financial/U/3564603600394226\">@KOSHILAN</a> for reaping $9663+ through <a href=\"https://ttm.financial/S/PLTR\">$Palan</a>","listText":"Do you know how much <a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> has rebounded from its lowest point so far today? 270%!!!Investors who successfully bought the dip are making a fortune, and “Palantard” has also recovered from its slump! Interested in knowing how much they've gained?Let's take a look!Special commend: <a href=\"https://ttm.financial/TW/241277757636912\" target=\"_blank\">How to achieve an 8%* annualized yield on your Tiger Vault Fund?</a>Congratulations to <a href=\"https://ttm.financial/U/3577696729570792\">@PalantirMood</a> for riding this upward trend and making a substantial profit of $40k!Congratulations to <a href=\"https://ttm.financial/U/3564603600394226\">@KOSHILAN</a> for reaping $9663+ through <a href=\"https://ttm.financial/S/PLTR\">$Palan</a>","text":"Do you know how much $Palantir Technologies Inc.(PLTR)$ has rebounded from its lowest point so far today? 270%!!!Investors who successfully bought the dip are making a fortune, and “Palantard” has also recovered from its slump! Interested in knowing how much they've gained?Let's take a look!Special commend: How to achieve an 8%* annualized yield on your Tiger Vault Fund?Congratulations to @PalantirMood for riding this upward trend and making a substantial profit of $40k!Congratulations to @KOSHILAN for reaping $9663+ through $Palan","images":[{"img":"https://community-static.tradeup.com/news/5540250e23d28f5e78569d205a83aeea","width":"1080","height":"1080"},{"img":"https://community-static.tradeup.com/news/3a8a43728a33f831f90d1d394512939b","width":"1080","height":"1080"},{"img":"https://community-static.tradeup.com/news/788ec0cd0e85522183278db2ff1ab0d3","width":"1440","height":"1080"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/243841669628136","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":243949074714816,"gmtCreate":1700581790868,"gmtModify":1700581794705,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"hh","listText":"hh","text":"hh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/243949074714816","repostId":"243837055778936","repostType":1,"repost":{"id":243837055778936,"gmtCreate":1700567565998,"gmtModify":1700567639164,"author":{"id":"4103964166972300","authorId":"4103964166972300","name":"HONGHAO","avatar":"https://community-static.tradeup.com/news/a26aa9fb50cf7fbc23e6d68527832622","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4103964166972300","authorIdStr":"4103964166972300"},"themes":[],"title":"Hao Hong | Outlook 2024: A Year of Normalization ","htmlText":"<a href=\"https://ttm.financial/S/USDindex.FOREX\">$USD Index(USDindex.FOREX)$</a> <a href=\"https://ttm.financial/S/HSTECH\">$HSTECH(HSTECH)$</a> <a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$</a> <a href=\"https://ttm.financial/S/YINN\">$FTSE China Bull 3X Shares(YINN)$</a> <a href=\"https://ttm.financial/S/XPP\">$ProShares Ultra FTSE China 50(XPP)$</a> <a href=\"https://ttm.financial/S/KWEB\">$CSI China Internet ETF(KWEB)$</a> Year two of normalization with similar trading range. The biggest normalization of 2023 is that China emerged from COVID. An extended period of seclusion naturally breeds confusion. But with improved communication, as evidenced by high-level exchanges between both sides and increased international traffic, foreign relationship should improve.At the darkest hours of last O","listText":"<a href=\"https://ttm.financial/S/USDindex.FOREX\">$USD Index(USDindex.FOREX)$</a> <a href=\"https://ttm.financial/S/HSTECH\">$HSTECH(HSTECH)$</a> <a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$</a> <a href=\"https://ttm.financial/S/YINN\">$FTSE China Bull 3X Shares(YINN)$</a> <a href=\"https://ttm.financial/S/XPP\">$ProShares Ultra FTSE China 50(XPP)$</a> <a href=\"https://ttm.financial/S/KWEB\">$CSI China Internet ETF(KWEB)$</a> Year two of normalization with similar trading range. The biggest normalization of 2023 is that China emerged from COVID. An extended period of seclusion naturally breeds confusion. But with improved communication, as evidenced by high-level exchanges between both sides and increased international traffic, foreign relationship should improve.At the darkest hours of last O","text":"$USD Index(USDindex.FOREX)$ $HSTECH(HSTECH)$ $HSI(HSI)$ $FTSE China Bull 3X Shares(YINN)$ $ProShares Ultra FTSE China 50(XPP)$ $CSI China Internet ETF(KWEB)$ Year two of normalization with similar trading range. The biggest normalization of 2023 is that China emerged from COVID. An extended period of seclusion naturally breeds confusion. But with improved communication, as evidenced by high-level exchanges between both sides and increased international traffic, foreign relationship should improve.At the darkest hours of last O","images":[{"img":"https://static.tigerbbs.com/5a3d02fe91784d9cac8001cde7f51abf"},{"img":"https://static.tigerbbs.com/8f8784192de74d89830c4534da5e5ed0"},{"img":"https://static.tigerbbs.com/638f3a651552421fabcc36617a6e74ee"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/243837055778936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":19,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236848341471424,"gmtCreate":1698859993671,"gmtModify":1698859999301,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"The main indices on Wall Street closed the month higher for the day, attempting to regain their footing at the end of a bruising October. The blue chip Dow fell 1.4% and the broad-based S&amp;P dropped 2.2% last month, resulting in their first three-month losing streak since March 2020. The tech-heavy fell 2.8%, its worst October since 2018.","listText":"The main indices on Wall Street closed the month higher for the day, attempting to regain their footing at the end of a bruising October. The blue chip Dow fell 1.4% and the broad-based S&amp;P dropped 2.2% last month, resulting in their first three-month losing streak since March 2020. The tech-heavy fell 2.8%, its worst October since 2018.","text":"The main indices on Wall Street closed the month higher for the day, attempting to regain their footing at the end of a bruising October. The blue chip Dow fell 1.4% and the broad-based S&P dropped 2.2% last month, resulting in their first three-month losing streak since March 2020. The tech-heavy fell 2.8%, its worst October since 2018.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236848341471424","isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947645302,"gmtCreate":1683118672907,"gmtModify":1683118675470,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947645302","repostId":"9947875654","repostType":1,"repost":{"id":9947875654,"gmtCreate":1682995632979,"gmtModify":1682996335929,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3566532164444643","authorIdStr":"3566532164444643"},"themes":[],"title":"Market Testing Double Top Awaiting FOMC Outcome","htmlText":"<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a><v-v data-views=\"1\"></v-v>30% gain in 90 mins taking calls from the banking crisis resolution. ⚠️ Looking at calls above 416.3 and puts under 414.5 on Tuesday. Expecting another choppysession as market awaits the interest rates hike outcome from FOMC this Wednesday. Buy, buy, buy 😉 JPMorgan emerged as the winner of a weekend auction for First Republic after regulators decided that time had run out on a private sector solution. The Federal Deposit Insurance Corporation seized the bank and New York-based JPMorgan announced early Monday that it was acquiring nearly all of the deposits and most of the assets of First Republic. In the wake of the sudden collapse in March of Silicon Valley Bank and Signature Bank, i","listText":"<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a><v-v data-views=\"1\"></v-v>30% gain in 90 mins taking calls from the banking crisis resolution. ⚠️ Looking at calls above 416.3 and puts under 414.5 on Tuesday. Expecting another choppysession as market awaits the interest rates hike outcome from FOMC this Wednesday. Buy, buy, buy 😉 JPMorgan emerged as the winner of a weekend auction for First Republic after regulators decided that time had run out on a private sector solution. The Federal Deposit Insurance Corporation seized the bank and New York-based JPMorgan announced early Monday that it was acquiring nearly all of the deposits and most of the assets of First Republic. In the wake of the sudden collapse in March of Silicon Valley Bank and Signature Bank, i","text":"$SPDR S&P 500 ETF Trust(SPY)$ 30% gain in 90 mins taking calls from the banking crisis resolution. ⚠️ Looking at calls above 416.3 and puts under 414.5 on Tuesday. Expecting another choppysession as market awaits the interest rates hike outcome from FOMC this Wednesday. Buy, buy, buy 😉 JPMorgan emerged as the winner of a weekend auction for First Republic after regulators decided that time had run out on a private sector solution. The Federal Deposit Insurance Corporation seized the bank and New York-based JPMorgan announced early Monday that it was acquiring nearly all of the deposits and most of the assets of First Republic. In the wake of the sudden collapse in March of Silicon Valley Bank and Signature Bank, i","images":[{"img":"https://community-static.tradeup.com/news/191e11e9a6d8f16d6afda4c72ac69414","width":"730","height":"303"},{"img":"https://community-static.tradeup.com/news/79a4b0043a88848d361da424e42b4f6b","width":"975","height":"715"},{"img":"https://community-static.tradeup.com/news/d943d18cdd8bc8b54e59811902cb8ad1","width":"1284","height":"1284"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947875654","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9900715035,"gmtCreate":1658767625927,"gmtModify":1676536204019,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":3,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/9900715035","repostId":"1150857430","repostType":4,"repost":{"id":"1150857430","kind":"news","pubTimestamp":1658757531,"share":"https://ttm.financial/m/news/1150857430?lang=&edition=fundamental","pubTime":"2022-07-25 21:58","market":"us","language":"en","title":"The Math of Single-Stock ETF Rebalancing","url":"https://stock-news.laohu8.com/highlight/detail?id=1150857430","media":"VettaFi","summary":"With the launch of AXS Investments’ single-stock ETFs, there’s been a veritablemosh pitofnews covera","content":"<html><head></head><body><p>With the launch of AXS Investments’ single-stock ETFs, there’s been a veritablemosh pitofnews coverage(thanks to the SEC dissing them on the way out the door) and public opinion. I thought it might be helpful for some folks to understand exactly what has to go on under the hood to keep these products doing what they say on the tin.</p><p>First, a big fat caveat: Any daily reset leveraged or inverse product exposes you to volatility decay; if you hold it for more than one day — over a week or a month — you’ll do worse than you expect if the underlying asset is volatile and better than you expect if the underlying asset is trending and low vol. Here’sanother articleon that. This article is about what goes on inside the fund and how it impacts the underlying stock, in this case.</p><p>Rather than use hypotheticals, let’s just look at the most popular of the new launches: the <b>AXS TLSA Bear Daily ETF (TSLQ)</b>. Putting aside the rather cheeky nod to the TSLAQ short-selling/conspiracy movement, the fund is a great example of how these products will work.</p><h2>Back to Basics</h2><p>When you buy TSLQ (or any other ETF), you’re not “putting money in” it. You’re buying shares of TSLQ on the open market from someone who has some shares they’re happy to sell you. Most often, this is a market maker either sitting on some amount of inventory or an authorized participant who can do a creation at the end of the day to make new shares to sell to you. If that happens (which it only does when there’s more demand than the market maker can naturally handle), it’s even easier for the TSLQ Authorized Participant than most because they simply put in the order to do a creation unit with a big chunk of cash. Overnight, they’ll magically receive new shares of TSLQ to cover any that they owe buyers like you.</p><p>Put another way, creating new shares of TSLQ is much more like how new shares of a mutual fund are created — cash goes into the portfolio manager, which they then need to “put to work.” TSLQ is also super simple there because all it will ever hold is a giant slug of cash and a swap or two.</p><p><img src=\"https://static.tigerbbs.com/a2b9675b85f5466ffae83c6ac7a342be\" tg-width=\"817\" tg-height=\"127\" referrerpolicy=\"no-referrer\"/></p><p>The work here is just keeping the books up to date and calling up the swap counterparty (generally a big bank) to tell them to adjust the amount of the swap, so the fund gets the -100% exposure to TSLA that it’s targeting. Those swaps are essentially just daily bar bets. If TSLA goes down by 1%, TSLQ and the counterparty compare notes, and the swap counterparty slides $160,000 across the table. If it goes the other way, TSLQ is the one paying the bet. Tomorrow, the same game is played. The swap counterparty, since they’re on the hook to provide the bet, then goes out and gets whatever exposure they need so as not to have any real risk in the transaction. In this case, they short Tesla. So the risk moves from point A — the ETF investor, to point B — the swap counterparty.</p><p>The truly paranoid could worry that there’s some exposure here to the swap counterparty going bankrupt in the middle of the day before the swap gets settled. Still, in practice, I’m unaware of any leveraged and inverse swap counterparty ever failing to settle. The worst-case scenario, however, is just the loss of one day’s returns, even if the swap counterparty just vanished into thin air. The cash is still sitting there on the books every day.</p><h2>The Procyclical Rebalance</h2><p>So looking above, why does the cash balance not perfectly match the value of the swaps as of the close on July 19, which is what the above data suggests? Likely because this was in between the end-of-day NAV being struck and the new exposure being set for the following day.</p><p>Every day, after the bar bet settles, each fund needs to reset the total value of the swaps so that tomorrow, if TSLA goes down by 1%, shareholders of TSLQ will go up by 1%. Here’s how I go about tracking that (something I got used to doing running up to Volmageddon when the VIX ETPs werehaving big impacts).</p><p>This morning (July 20, as of time of writing), TSLQ reported having $15,674,160. Since the fund is a -1X fund, that means the fund needs a swap this morning before trading begins worth -$15,674,160.</p><p>Here as I’m typing this, TSLA is up 1.14%. That makes the value of the fund’s swap -$15,852,845. The liability that the swap represents got bigger because TSLA got bigger. If the swap had to settle right this moment, the easiest way to think about this is that cash will now need to go from TSLQ to the swap counterparty just to settle up. So $178,685 leaves, making the new AUM of the fund $15,495,475. Now the fund needs -$15,495,475 in swap exposure going into tomorrow, but it’s still got $15,852,845 sitting in the swap account! So what does it do? It tells the counterpart to lighten up the swap by $357,371. That’s the trade done by the swap counterparty to even out their book at the end of the day.</p><p><img src=\"https://static.tigerbbs.com/228096942fa23a9f15010978d80685ed\" tg-width=\"435\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/></p><p>(NOTE: How swaps are technically accounted for on the books and how individual swaps are settled daily is itself a surprisingly complex topic. If you’re an insomniac, I’d start here with anInternational Swaps Dealers Association guide. I point this out to fend off the ‘but Dave!’ I’ll inevitably get because the above skips a dozen book entry steps to get to the rebal-trade number, which is what we really care about. Nothing brings out the truth like being wrong on the internet!)</p><p>Put another way, on a day that the underlying stock goes up, TSLQ has to be a net buyer, like clockwork. People’s brains break because it doesn’t matter what sign you put on the leverage factor; you’re still a net buyer. Imagine that AXS launched a 1.5X Bull Daily version of this fund. Instead of an inverse swap, the fund just sits on the cash and enters into a 1.5X swap.</p><p><img src=\"https://static.tigerbbs.com/6cf25829402f6003b0fb66806251a4df\" tg-width=\"432\" tg-height=\"346\" referrerpolicy=\"no-referrer\"/></p><p>In this case, the swap went in favor of our imaginary 1.5X Daily Bull, so the NAV of the fund went up, but that again means they have to get more exposure at the end of the day, which is the same as “lightening up” a negative exposure. That’s why we refer to all leveraged and inverse products with scheduled reset periods as “procyclical” — they (through the counterparty hedging) are always buyers on up days and sellers on down days.(None of this is a discovery, for what it’s worth.Pointing out the procyclicality of leveraged products is almost a closet industry in academic finance.)</p><h2>So What, Big Deal?</h2><p>This is a classic case of something that isn’t an issue until it is. With $15 million in assets, there’s absolutely no way TSLQ will influence the pricing of the $23 billion that changes hands of TSLA stock daily. TSLA regularly trades 3–4 million shares in the runup to the close. So we have to imagine a world where either one of these single-stock products absolutely moons or where there becomes a mismatch between the dollars in the ETP complex and the natural volume in the underlying stock. If, for example, TSLQ had 15 billion instead of 15 million, then the above trade would be about a quarter of a million shares into the close — a number that, if you know it’s coming, probably matters, especially if it’s every single day and always in the direction of that day’s performance. One has to imagine it’s exploitable. Mechanical trading nearly always is.</p><p>For now, we have a handful of products tracking extremely liquid underlying securities with low assets. The sky is most assuredly<i>not</i>falling. But imagine if these products existed in several flavors for every stock in the S&amp;P 500? What happens when a stock becomes a meme-darling, and the liquidity flows into the geared products out of proportion to the underlying stock? The short answer is, “more end-of-day volatility,” and the long answer is, “who knows, it’s not like anyone expected Roaring Kitty to blow up Gamestop.”</p></body></html>","source":"lsy1657246608114","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Math of Single-Stock ETF Rebalancing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Math of Single-Stock ETF Rebalancing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-25 21:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.etftrends.com/the-math-of-single-stock-etf-rebalancing/><strong>VettaFi</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the launch of AXS Investments’ single-stock ETFs, there’s been a veritablemosh pitofnews coverage(thanks to the SEC dissing them on the way out the door) and public opinion. I thought it might be...</p>\n\n<a href=\"https://www.etftrends.com/the-math-of-single-stock-etf-rebalancing/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLQ":"Tradr 2X Short TSLA Daily ETF"},"source_url":"https://www.etftrends.com/the-math-of-single-stock-etf-rebalancing/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150857430","content_text":"With the launch of AXS Investments’ single-stock ETFs, there’s been a veritablemosh pitofnews coverage(thanks to the SEC dissing them on the way out the door) and public opinion. I thought it might be helpful for some folks to understand exactly what has to go on under the hood to keep these products doing what they say on the tin.First, a big fat caveat: Any daily reset leveraged or inverse product exposes you to volatility decay; if you hold it for more than one day — over a week or a month — you’ll do worse than you expect if the underlying asset is volatile and better than you expect if the underlying asset is trending and low vol. Here’sanother articleon that. This article is about what goes on inside the fund and how it impacts the underlying stock, in this case.Rather than use hypotheticals, let’s just look at the most popular of the new launches: the AXS TLSA Bear Daily ETF (TSLQ). Putting aside the rather cheeky nod to the TSLAQ short-selling/conspiracy movement, the fund is a great example of how these products will work.Back to BasicsWhen you buy TSLQ (or any other ETF), you’re not “putting money in” it. You’re buying shares of TSLQ on the open market from someone who has some shares they’re happy to sell you. Most often, this is a market maker either sitting on some amount of inventory or an authorized participant who can do a creation at the end of the day to make new shares to sell to you. If that happens (which it only does when there’s more demand than the market maker can naturally handle), it’s even easier for the TSLQ Authorized Participant than most because they simply put in the order to do a creation unit with a big chunk of cash. Overnight, they’ll magically receive new shares of TSLQ to cover any that they owe buyers like you.Put another way, creating new shares of TSLQ is much more like how new shares of a mutual fund are created — cash goes into the portfolio manager, which they then need to “put to work.” TSLQ is also super simple there because all it will ever hold is a giant slug of cash and a swap or two.The work here is just keeping the books up to date and calling up the swap counterparty (generally a big bank) to tell them to adjust the amount of the swap, so the fund gets the -100% exposure to TSLA that it’s targeting. Those swaps are essentially just daily bar bets. If TSLA goes down by 1%, TSLQ and the counterparty compare notes, and the swap counterparty slides $160,000 across the table. If it goes the other way, TSLQ is the one paying the bet. Tomorrow, the same game is played. The swap counterparty, since they’re on the hook to provide the bet, then goes out and gets whatever exposure they need so as not to have any real risk in the transaction. In this case, they short Tesla. So the risk moves from point A — the ETF investor, to point B — the swap counterparty.The truly paranoid could worry that there’s some exposure here to the swap counterparty going bankrupt in the middle of the day before the swap gets settled. Still, in practice, I’m unaware of any leveraged and inverse swap counterparty ever failing to settle. The worst-case scenario, however, is just the loss of one day’s returns, even if the swap counterparty just vanished into thin air. The cash is still sitting there on the books every day.The Procyclical RebalanceSo looking above, why does the cash balance not perfectly match the value of the swaps as of the close on July 19, which is what the above data suggests? Likely because this was in between the end-of-day NAV being struck and the new exposure being set for the following day.Every day, after the bar bet settles, each fund needs to reset the total value of the swaps so that tomorrow, if TSLA goes down by 1%, shareholders of TSLQ will go up by 1%. Here’s how I go about tracking that (something I got used to doing running up to Volmageddon when the VIX ETPs werehaving big impacts).This morning (July 20, as of time of writing), TSLQ reported having $15,674,160. Since the fund is a -1X fund, that means the fund needs a swap this morning before trading begins worth -$15,674,160.Here as I’m typing this, TSLA is up 1.14%. That makes the value of the fund’s swap -$15,852,845. The liability that the swap represents got bigger because TSLA got bigger. If the swap had to settle right this moment, the easiest way to think about this is that cash will now need to go from TSLQ to the swap counterparty just to settle up. So $178,685 leaves, making the new AUM of the fund $15,495,475. Now the fund needs -$15,495,475 in swap exposure going into tomorrow, but it’s still got $15,852,845 sitting in the swap account! So what does it do? It tells the counterpart to lighten up the swap by $357,371. That’s the trade done by the swap counterparty to even out their book at the end of the day.(NOTE: How swaps are technically accounted for on the books and how individual swaps are settled daily is itself a surprisingly complex topic. If you’re an insomniac, I’d start here with anInternational Swaps Dealers Association guide. I point this out to fend off the ‘but Dave!’ I’ll inevitably get because the above skips a dozen book entry steps to get to the rebal-trade number, which is what we really care about. Nothing brings out the truth like being wrong on the internet!)Put another way, on a day that the underlying stock goes up, TSLQ has to be a net buyer, like clockwork. People’s brains break because it doesn’t matter what sign you put on the leverage factor; you’re still a net buyer. Imagine that AXS launched a 1.5X Bull Daily version of this fund. Instead of an inverse swap, the fund just sits on the cash and enters into a 1.5X swap.In this case, the swap went in favor of our imaginary 1.5X Daily Bull, so the NAV of the fund went up, but that again means they have to get more exposure at the end of the day, which is the same as “lightening up” a negative exposure. That’s why we refer to all leveraged and inverse products with scheduled reset periods as “procyclical” — they (through the counterparty hedging) are always buyers on up days and sellers on down days.(None of this is a discovery, for what it’s worth.Pointing out the procyclicality of leveraged products is almost a closet industry in academic finance.)So What, Big Deal?This is a classic case of something that isn’t an issue until it is. With $15 million in assets, there’s absolutely no way TSLQ will influence the pricing of the $23 billion that changes hands of TSLA stock daily. TSLA regularly trades 3–4 million shares in the runup to the close. So we have to imagine a world where either one of these single-stock products absolutely moons or where there becomes a mismatch between the dollars in the ETP complex and the natural volume in the underlying stock. If, for example, TSLQ had 15 billion instead of 15 million, then the above trade would be about a quarter of a million shares into the close — a number that, if you know it’s coming, probably matters, especially if it’s every single day and always in the direction of that day’s performance. One has to imagine it’s exploitable. Mechanical trading nearly always is.For now, we have a handful of products tracking extremely liquid underlying securities with low assets. The sky is most assuredlynotfalling. But imagine if these products existed in several flavors for every stock in the S&P 500? What happens when a stock becomes a meme-darling, and the liquidity flows into the geared products out of proportion to the underlying stock? The short answer is, “more end-of-day volatility,” and the long answer is, “who knows, it’s not like anyone expected Roaring Kitty to blow up Gamestop.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054810808,"gmtCreate":1655365691504,"gmtModify":1676535623910,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Could anyone help me with a&nbsp;R. I will return the favor definitely. Please🥺🥺https://www.tigerbrokers.com.sg/activity/market/2022/8th-anniversary/?utm_campaign=20220523112514&amp;adcode=20220523112514&amp;utm_medium=whatsapp&amp;skin=1&amp;edition=fundamental&amp;shareID=971685805ffb0f87e3831086ff7b8c29&amp;invite=ZG65S7&amp;lang=en_US&amp;platform=android&amp;utm_source=invite","listText":"Could anyone help me with a&nbsp;R. I will return the favor definitely. Please🥺🥺https://www.tigerbrokers.com.sg/activity/market/2022/8th-anniversary/?utm_campaign=20220523112514&amp;adcode=20220523112514&amp;utm_medium=whatsapp&amp;skin=1&amp;edition=fundamental&amp;shareID=971685805ffb0f87e3831086ff7b8c29&amp;invite=ZG65S7&amp;lang=en_US&amp;platform=android&amp;utm_source=invite","text":"Could anyone help me with a R. I will return the favor definitely. Please🥺🥺https://www.tigerbrokers.com.sg/activity/market/2022/8th-anniversary/?utm_campaign=20220523112514&adcode=20220523112514&utm_medium=whatsapp&skin=1&edition=fundamental&shareID=971685805ffb0f87e3831086ff7b8c29&invite=ZG65S7&lang=en_US&platform=android&utm_source=invite","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":28,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054810808","isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074466027,"gmtCreate":1658393653069,"gmtModify":1676536152344,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074466027","repostId":"1146734237","repostType":4,"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912076300,"gmtCreate":1664721228501,"gmtModify":1676537498192,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":22,"repostSize":0,"link":"https://ttm.financial/post/9912076300","repostId":"1157459217","repostType":4,"repost":{"id":"1157459217","kind":"news","pubTimestamp":1664676789,"share":"https://ttm.financial/m/news/1157459217?lang=&edition=fundamental","pubTime":"2022-10-02 10:13","market":"hk","language":"en","title":"Alibaba Stock: Attractive Valuation Despite Mid-Term Headwinds","url":"https://stock-news.laohu8.com/highlight/detail?id=1157459217","media":"TipRanks","summary":"Over the mid term,Alibaba’s share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s forecast for adj EPS in FY2024 has been cut by 4%, yet the share price has dropped by 34%.Moving forward, how can this be corrected?","content":"<div>\n<p>Over the mid term, Alibaba’s (BABA)share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock: Attractive Valuation Despite Mid-Term Headwinds</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 Stock: Attractive Valuation Despite Mid-Term Headwinds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-02 10:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the mid term, Alibaba’s (BABA)share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds\">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://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157459217","content_text":"Over the mid term, Alibaba’s (BABA)share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s forecast for adj EPS in FY2024 has been cut by 4%, yet the share price has dropped by 34%.Moving forward, how can this be corrected? J.P. Morgan’sAlex Yao has an idea. The analyst believes “sentiment-driven fund flow is the current key share price driver and revenue recovery is the key determinant of market sentiment.”That is a bit of problem, then. Because Yao expects weak China consumption in the September quarter (F2Q23) to impact the revenue outlook.Since late August, Covid has once again been a disruptive force in a host of cities across China, and as such, Yao expects “limited improvement” in Alibaba’s core-core CMR (customer-management revenue) compared to the June quarter.The analyst sees the September quarter’s CMR falling by 4% from the same period last year, hardly any better than the June quarter’s 5% drop. On account of “low visibility of consumer sentiment improvement” or any relaxion of the Covid policies, the decline will continue in the December quarter, albeit at a slower pace (Yao expects a 2% year-over-year decline vs. anticipation of a positive turn previously).In contrast, given Alibaba’s firm commitment to cost-cutting and efficiency-improving measures, Yao sees “potential upside to consensus bottom-line projections.”However, that might not have enough of a positive effect right now. “Alibaba’s weakening revenue outlook in the near term could continue to weigh on the share price despite an unchanged, or even potentially better, profit outlook,” the analyst said, before summing up, “Nonetheless, we believe Alibaba’s share price is attractive on a 12-month view on 1) profit growth recovery to 20%+ in FY2024, 2) current consensus FY2024 PE of only 9x.”To this end, Yao rates BABA shares an Overweight (i.e., Buy) along with a $135 price target. This figure leaves room for 12-month share appreciation of ~69%. Yao’s rating stays an Overweight (i.e., Buy).Overall, Wall Street takes a bullish stance on Alibaba shares. 17 Buys and 1 Sell issued over the previous three months, making the stock a Strong Buy. Meanwhile, the $149.06 average price target suggests ~86% upside from current levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885349941,"gmtCreate":1631759007283,"gmtModify":1676530628134,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"title":"Million Dollar mark Portfolio","htmlText":"I sometimes write articles on more overarching, philosophical, and esoteric issues that investors face. While overarching, this one is neither philosophical nor esoteric.This is a very real issue that many investors face, and it causes many investors to \"fail\", losing money and falling back down in terms of their net portfolio value.In this article, we'll talk about the issue of moving from one \"tier\" of income or net worth to the next, and the challenges that I as well as others face.You may remember the article where I wrote about having reached one of my initial investment goals, in when my investable portfolio assets, or my \"cash\", went above $1,000,000 a few weeks back.This is a significant milestone for many investors. It's one of those things that many of my readers, friends, and ev","listText":"I sometimes write articles on more overarching, philosophical, and esoteric issues that investors face. While overarching, this one is neither philosophical nor esoteric.This is a very real issue that many investors face, and it causes many investors to \"fail\", losing money and falling back down in terms of their net portfolio value.In this article, we'll talk about the issue of moving from one \"tier\" of income or net worth to the next, and the challenges that I as well as others face.You may remember the article where I wrote about having reached one of my initial investment goals, in when my investable portfolio assets, or my \"cash\", went above $1,000,000 a few weeks back.This is a significant milestone for many investors. It's one of those things that many of my readers, friends, and ev","text":"I sometimes write articles on more overarching, philosophical, and esoteric issues that investors face. While overarching, this one is neither philosophical nor esoteric.This is a very real issue that many investors face, and it causes many investors to \"fail\", losing money and falling back down in terms of their net portfolio value.In this article, we'll talk about the issue of moving from one \"tier\" of income or net worth to the next, and the challenges that I as well as others face.You may remember the article where I wrote about having reached one of my initial investment goals, in when my investable portfolio assets, or my \"cash\", went above $1,000,000 a few weeks back.This is a significant milestone for many investors. It's one of those things that many of my readers, friends, and ev","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":3,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/885349941","isVote":1,"tweetType":1,"viewCount":7572,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000220","authorId":"9000000000000220","name":"揭人不揭短","avatar":"https://static.tigerbbs.com/0d1d522df7fd034a47b809b1a57d7176","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000220","authorIdStr":"9000000000000220"},"content":"Many of the people you mentioned are aimed at investment, but in this market, there are far more speculators than investors.","text":"Many of the people you mentioned are aimed at investment, but in this market, there are far more speculators than investors.","html":"Many of the people you mentioned are aimed at investment, but in this market, there are far more speculators than investors."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914586973,"gmtCreate":1665315235192,"gmtModify":1676537586815,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":22,"repostSize":0,"link":"https://ttm.financial/post/9914586973","repostId":"1197842233","repostType":4,"repost":{"id":"1197842233","kind":"news","pubTimestamp":1665278678,"share":"https://ttm.financial/m/news/1197842233?lang=&edition=fundamental","pubTime":"2022-10-09 09:24","market":"us","language":"en","title":"Elon Musk: \"Aren’t You Entertained?\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1197842233","media":"Financial Times","summary":"Musk roars with laughter. “I play the fool on Twitter and often shoot myself in the foot and cause myself all sorts of trouble","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/5b46ff3c33be5ce8a2e8c863b83fb923\" tg-width=\"1160\" tg-height=\"870\" referrerpolicy=\"no-referrer\"/></p><p>Dinner with Elon Musk begins with a drive in a Tesla. I am seated in the back, next to X, the billionaire’s two-and-a-half-year-old son. It’s around 7pm in Austin, and X is, as one would expect, cranky.</p><p>We had set off to Fonda San Miguel, Musk’s favourite Mexican restaurant, after a visit with an FT colleague to the Tesla Gigafactory on the banks of the Colorado river.</p><p>In this massive site Musk is producing the Y electric SUVs, the latest model in the Tesla collection that has catapulted him to the top of the world’s rich list (net worth: $232bn). Musk, with X perched on his shoulders, had proudly shown off the factory floor as he periodically raged against sluggish investment in lithium refining, which is desperately needed to ease battery shortages around the world.</p><p>Musk’s security chief, the designated driver, comes to the rescue with a milk bottle that soothes X to sleep by the time we reach the restaurant.</p><p>For the next couple of hours, I am better acquainted with the curious character of Elon Musk, the engineer and the visionary, the billionaire and the disrupter, the agitator and the troublemaker.</p><p>Defying armies of sceptics, including myself (full disclosure: until my family rebelled against me and bought a Tesla Model 3 and I started driving it, I was convinced the company would go bankrupt), Musk has built Tesla into a more than $700bn market cap business and forced the car industry to speed up the shift to electric vehicles. Not prone to modesty, Musk estimates he may have accelerated the “advent of sustainable energy” by “10, maybe even 20 years”.</p><p>In just over a decade, he has also transformed the commercial space industry and the economics of space, racing ahead of rivals in building a reusable rocket that can carry passengers. Nasa has picked his Starship to land astronauts on the moon over the next few years. It is now worth around $125bn. One day, or so Musk is convinced, it will be used to colonise Mars.</p><p>Musk is a maverick too, a serial tweeter to his more than 100mn followers who flouts convention, revels in outrageous outbursts, fights with regulators and staff, and taunts competitors. He has regular run-ins with the Securities and Exchange Commission: he was fined and forced to give up his chairmanship of Tesla over 2018 tweets in which he claimed to have secured funding to take Tesla private, statements that a US judge later described as having been made “recklessly”.</p><p>A recent lawsuit accuses Musk of running a pyramid scheme to prop up dogecoin, a cryptocurrency that is, literally, based on a joke — an internet meme of a Japanese dog. Dogecoin has predictably crashed but Musk’s enthusiasm has not: he twins his black jeans with a black T-shirt featuring an image of the dog.</p><p>Why does a serious guy with serious ideas indulge in silly Twitter games that could also cost his followers dearly? “Aren’t you entertained?” Musk roars with laughter. “I play the fool on Twitter and often shoot myself in the foot and cause myself all sorts of trouble . . . I don’t know, I find it vaguely therapeutic to express myself on Twitter. It’s a way to get messages out to the public.”</p><p>It is fair to say that Musk is obsessed with Twitter, so much so that he’s been embroiled in an epic on/off buyout of the platform that has captivated Wall Street and the tech industry for months. Twitter sued Musk (and he sued back) after he backed out of a $44bn acquisition deal he made in April, accusing the social media company of under-reporting the number of bots on the platform. This week, and just before his scheduled deposition, Musk changed his mind. He now says he wants to buy Twitter again.</p><p>I had asked over dinner whether his original offer had been a bad joke. “Twitter is certainly an invitation to increase your pain level,” he says. “I guess I must be a masochist . . . ” But he makes no secret that his interest in the company has never been primarily financial: “I’m not doing Twitter for the money. It’s not like I’m trying to buy some yacht and I can’t afford it. I don’t own any boats. But I think it’s important that people have a maximally trusted and inclusive means of exchanging ideas and that it should be as trusted and transparent as possible.” The alternative, he says, is a splintering of debate into different social-media bubbles, as evidenced by Donald Trump’s Truth Social network. “It [Truth Social] is essentially a rightwing echo chamber. It might as well be called Trumpet.”</p><p>Musk doesn’t eat lunch, possibly because an unflattering picture in a swimsuit taken on a yacht in Mykonos went viral over the summer. Since then, he has been on a diet.</p><p>At Fonda San Miguel, a teeming Mexican restaurant that promises a regional culinary experience, he is a familiar dinner customer. He orders a frozen margarita (he calls it a slushy with alcohol) and I order a beer. Musk looks around. “There’s a good buzz in this restaurant,” he says approvingly, and suggests to the waiter that they serve us some of their specialities. Musk is telling me that companies are like children when the first plates land on the table: the lamb chops in a pepper sauce, and shrimp with cheese and jalapeños. The food is “epic”, Musk gasps.</p><blockquote>It’s important that people die. How long would you have liked Stalin to live?</blockquote><p>Musk is capricious, but he sees himself as a problem solver, and the problem is everything from the potential end of life on Earth to climate change and even traffic (his Boring company is building tunnels). Recently, he has dreamt up his own (rather unhelpful) peace plan for ending Russia’s war in Ukraine. Born and raised in South Africa in a well-to-do family, he landed in California after studying economics and physics in Canada and Pennsylvania. One of his first big ideas was well ahead of its time: he wanted to revolutionise banking. He merged an online payments business he co-founded with another company in what became PayPal. When PayPal was sold to eBay, he used the money to start SpaceX and invest in Tesla.</p><p>Ageing strikes me as the only threat to humans that he is not attempting to resolve, though another company he founded, Neuralink, is designing chips that will be implanted in the brain to restore sensory and motor function. Musk is very exercised about population decline, and claims to be doing his part to populate Earth by having 10 children (from various partners), including, it was recently reported, twins with an executive at Neuralink.</p><p>He scoffs when I inquire if there are other children he has fathered — “I’m pretty sure there are no other babies looming” — and he dismisses the wild rumours that he has bought a fertility clinic to support his production of babies. Some friends, he reveals, have indeed suggested he should have 500 kids, but that would be a “bit weird”. Referring to himself, aged 51, as an “autumn chicken”, he says he may have more children, but only to the extent that he can be a good father to them. Nonetheless, he predicts that “the current trend for most countries is that civilisation will not die with a bang, it will die with a whimper in adult diapers”. But he says ageing should not be solved. “It’s important that people die. How long would you have liked Stalin to live?” That is a good point.</p><p>Musk’s bigger worry is the preservation of life beyond Earth. His solution is to populate Mars. “Something will happen to Earth eventually, it’s just a question of time. Eventually the sun will expand and destroy all life on Earth, so we do need to move at some point, or at least be a multi-planet species,” he says. “You have to ask the question: do we want to be a space-flying civilisation and a multi-planet species or not?” I’m not sure what I think but Musk is emphatic. “It’s a question of what percentage of resources should we devote to such an endeavour? I think if you say 1 per cent of resources, that’s probably a reasonable amount.“</p><p>Would Musk himself join the pioneering colony on Mars? “Especially if I’m getting old, I’ll do it. Why not?” he says. But how useful would he be to Mars if he’s too old? “I think there’s some non-trivial chance of dying, so I’d prefer to take that chance when I’m a bit older, and see my kids grow up. Rather than right now, where little X is only two-and-a-half. I think he’d miss me.”</p><p>The table is too small for the large plates we are sharing as a second course: a slow-cooked lamb that melts in the mouth, chillies in a walnut-based sauce and shrimp in creamy chipotle sauce. Musk is right: it is the best Mexican food I’ve ever had.</p><p>We turn to his views on government and politics and the Twitter Musk appears, the more emotional, unrestrained persona that comes across in his frenetic posts. He is lauding billionaires as the most efficient stewards of capital, best placed to decide on the allocation of social benefits. “If the alternative steward of capital is the government, that is actually not going to be to the benefit of the people,” says Musk.</p><p>He is railing against Joe Biden for being in thrall to the unions but also daring to snub him. “He [Biden] had an electric vehicle summit at the White House and deliberately didn’t invite Tesla last year. Then to follow it up, to add insult to injury, at a big event he said that GM was leading the electric car revolution, in the same quarter that GM shipped 26 electric cars and we shipped 300,000. Does that seem fair to you?“</p><p>Until recently Musk voted Democrat, although he is now more on the Republican side, or perhaps floating somewhere in between. He says he is considering setting up “the Super Moderate Super Pac” to support candidates with moderate views. He makes a point of telling me that he doesn’t hate Trump, even if he has clashed with him, and insists Biden is simply too old to run for a second term in office. “You don’t want to be too far from the average age of the population because it’s going to be very difficult to stay in touch . . . Maybe one generation away from the average age is OK, but two generations? At the point where you’ve got great-grandchildren, I don’t know, how in touch with the people are you? Is it even possible to be?”</p><blockquote>I’m subject to literally a million laws and regulations and I obey almost 99.99 per cent of them</blockquote><p>Musk has a dystopian view of the left’s influence on America, which helps explain his wild pursuit of Twitter to liberate free speech. He blames the fact that his teenage daughter no longer wants to be associated with him on the supposed takeover of elite schools and universities by neo-Marxists. “It’s full-on communism . . . and a general sentiment that if you’re rich, you’re evil,” says Musk. “It [the relationship] may change, but I have very good relationships with all the others [children]. Can’t win them all.“</p><p>He also has a dim view of regulators, whom he sees as bureaucrats justifying their jobs by going after high-profile targets like him. He seems to be in a constant feud with one regulator or another, whether it’s over his own pronouncements or over the treatment of staff. Musk is unabashed about driving his employees hard. He was bullied as a child (and has also spoken of emotional abuse by his father) but is now sometimes accused of bullying others. He shoots back: if anyone is unhappy working for him, they should work elsewhere because “they’re not chained to the company, it’s voluntary”.</p><p>Does he ever think he’s above the law? That’s utter nonsense, he tells me: “I’m subject to literally a million laws and regulations and I obey almost 99.99 per cent of them. It’s only when I think the law is contrary to the interest of the people that I have an issue.” I wonder if he means the interest of Elon Musk.</p><p>There are some topics that amuse Musk, eliciting prolonged laughter, and other questions that are met with deliberate silence before he speaks. The longest silence follows my question about China and the risk to Tesla’s Shanghai factory, which produces between 30 per cent and 50 per cent of Tesla’s total production. Musk has been an admirer of as well as an investor in China. But he is not immune to the gathering US-China tensions or the risk of a Chinese takeover of Taiwan. Musk says Beijing has made clear its disapproval of his recent rollout of Starlink, SpaceX’s satellite communications system, in Ukraine to help the military circumvent Russia’s cut-off of the internet. He says Beijing sought assurances that he would not sell Starlink in China. Musk reckons that conflict over Taiwan is inevitable but he is quick to point out that he won’t be alone in suffering the consequences. Tesla will be caught up in any conflict, he says, though, curiously, he seems to assume that the Shanghai factory will still be able to supply to customers in China, but not anywhere else. “Apple would be in very deep trouble, that’s for sure . . . ” he adds, not to mention the global economy, which he estimates, with precision, will take a 30 per cent hit.</p><p>It may be Musk’s realisation that business decisions can no longer be made without regard to security and geopolitics — or perhaps it’s simply an arrogant belief that he has all the answers — that now leads him to offer his own solutions to the world’s most complex geopolitical problems. “My recommendation . . . would be to figure out a special administrative zone for Taiwan that is reasonably palatable, probably won’t make everyone happy. And it’s possible, and I think probably, in fact, that they could have an arrangement that’s more lenient than Hong Kong.” I doubt his proposal will be taken up.</p><p>On Ukraine too, he has advocated a compromise with Russia that has earned him ridicule in Kyiv, where Starlink had made him a hero until now. He launched his peace plan in a poll on Twitter and suggested that Crimea, which Russia invaded in 2014 and later annexed, should simply be given away to Russia. Volodymyr Zelenskyy, the Ukrainian president, shot back with his own Twitter poll: which Elon Musk do you like more, he asked, the one who supports Ukraine or the one who supports Russia?</p><p>We are over an hour into dinner and Musk is in a hurry, having scheduled a call with his SpaceX team. We skip dessert and I ask for the bill, only to find out it’s already been settled by Musk’s security chief. Musk ignores my protestations that he is flouting Lunch with the FT convention: “You’re indebted to me for life,” he jokes. We head back to the car that is taking him to a private airport to board his jet and he suggests we continue our conversation on the way.</p><p>I find X exactly where I left him, in his car seat, but he’s more cheerful after his nap. He is cooing as he watches videos of rockets on his iPad while his dad discusses rockets with his team. Suddenly, I notice that the car is driving itself, as if to dispel the doubts I had expressed about Tesla’s self-driving prospects. “It can get to the airport without intervention,” says Musk. Alarmed, I put my seatbelt on. Musk could be a magician, but he could also be wrong.</p><p><b>Menu</b></p><p>Fonda San Miguel</p><p>2330 W N Loop Blvd, Austin, Texas 78756</p><p>House frozen margarita $10</p><p>Modelo Especial beer $6</p><p>House rocks margarita $10</p><p>Spicy sauce $0.50</p><p>Angels on horseback (shrimp with cheese) $18.95</p><p>Cordero lamb chops $24.95</p><p>Mixiote slow-cooked lamb $38.95</p><p>Chile en nogada (chillies in a walnut sauce) $38.95</p><p>Camarones crema chipotle (shrimp in a spicy chipotle sauce) $34.95</p><p>Total inc tax $198.37</p></body></html>","source":"lsy1580170736413","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>Elon Musk: \"Aren’t You Entertained?\"</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\">\nElon Musk: \"Aren’t You Entertained?\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-09 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/5ef14997-982e-4f03-8548-b5d67202623a><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dinner with Elon Musk begins with a drive in a Tesla. I am seated in the back, next to X, the billionaire’s two-and-a-half-year-old son. It’s around 7pm in Austin, and X is, as one would expect, ...</p>\n\n<a href=\"https://www.ft.com/content/5ef14997-982e-4f03-8548-b5d67202623a\">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","TWTR":"Twitter"},"source_url":"https://www.ft.com/content/5ef14997-982e-4f03-8548-b5d67202623a","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197842233","content_text":"Dinner with Elon Musk begins with a drive in a Tesla. I am seated in the back, next to X, the billionaire’s two-and-a-half-year-old son. It’s around 7pm in Austin, and X is, as one would expect, cranky.We had set off to Fonda San Miguel, Musk’s favourite Mexican restaurant, after a visit with an FT colleague to the Tesla Gigafactory on the banks of the Colorado river.In this massive site Musk is producing the Y electric SUVs, the latest model in the Tesla collection that has catapulted him to the top of the world’s rich list (net worth: $232bn). Musk, with X perched on his shoulders, had proudly shown off the factory floor as he periodically raged against sluggish investment in lithium refining, which is desperately needed to ease battery shortages around the world.Musk’s security chief, the designated driver, comes to the rescue with a milk bottle that soothes X to sleep by the time we reach the restaurant.For the next couple of hours, I am better acquainted with the curious character of Elon Musk, the engineer and the visionary, the billionaire and the disrupter, the agitator and the troublemaker.Defying armies of sceptics, including myself (full disclosure: until my family rebelled against me and bought a Tesla Model 3 and I started driving it, I was convinced the company would go bankrupt), Musk has built Tesla into a more than $700bn market cap business and forced the car industry to speed up the shift to electric vehicles. Not prone to modesty, Musk estimates he may have accelerated the “advent of sustainable energy” by “10, maybe even 20 years”.In just over a decade, he has also transformed the commercial space industry and the economics of space, racing ahead of rivals in building a reusable rocket that can carry passengers. Nasa has picked his Starship to land astronauts on the moon over the next few years. It is now worth around $125bn. One day, or so Musk is convinced, it will be used to colonise Mars.Musk is a maverick too, a serial tweeter to his more than 100mn followers who flouts convention, revels in outrageous outbursts, fights with regulators and staff, and taunts competitors. He has regular run-ins with the Securities and Exchange Commission: he was fined and forced to give up his chairmanship of Tesla over 2018 tweets in which he claimed to have secured funding to take Tesla private, statements that a US judge later described as having been made “recklessly”.A recent lawsuit accuses Musk of running a pyramid scheme to prop up dogecoin, a cryptocurrency that is, literally, based on a joke — an internet meme of a Japanese dog. Dogecoin has predictably crashed but Musk’s enthusiasm has not: he twins his black jeans with a black T-shirt featuring an image of the dog.Why does a serious guy with serious ideas indulge in silly Twitter games that could also cost his followers dearly? “Aren’t you entertained?” Musk roars with laughter. “I play the fool on Twitter and often shoot myself in the foot and cause myself all sorts of trouble . . . I don’t know, I find it vaguely therapeutic to express myself on Twitter. It’s a way to get messages out to the public.”It is fair to say that Musk is obsessed with Twitter, so much so that he’s been embroiled in an epic on/off buyout of the platform that has captivated Wall Street and the tech industry for months. Twitter sued Musk (and he sued back) after he backed out of a $44bn acquisition deal he made in April, accusing the social media company of under-reporting the number of bots on the platform. This week, and just before his scheduled deposition, Musk changed his mind. He now says he wants to buy Twitter again.I had asked over dinner whether his original offer had been a bad joke. “Twitter is certainly an invitation to increase your pain level,” he says. “I guess I must be a masochist . . . ” But he makes no secret that his interest in the company has never been primarily financial: “I’m not doing Twitter for the money. It’s not like I’m trying to buy some yacht and I can’t afford it. I don’t own any boats. But I think it’s important that people have a maximally trusted and inclusive means of exchanging ideas and that it should be as trusted and transparent as possible.” The alternative, he says, is a splintering of debate into different social-media bubbles, as evidenced by Donald Trump’s Truth Social network. “It [Truth Social] is essentially a rightwing echo chamber. It might as well be called Trumpet.”Musk doesn’t eat lunch, possibly because an unflattering picture in a swimsuit taken on a yacht in Mykonos went viral over the summer. Since then, he has been on a diet.At Fonda San Miguel, a teeming Mexican restaurant that promises a regional culinary experience, he is a familiar dinner customer. He orders a frozen margarita (he calls it a slushy with alcohol) and I order a beer. Musk looks around. “There’s a good buzz in this restaurant,” he says approvingly, and suggests to the waiter that they serve us some of their specialities. Musk is telling me that companies are like children when the first plates land on the table: the lamb chops in a pepper sauce, and shrimp with cheese and jalapeños. The food is “epic”, Musk gasps.It’s important that people die. How long would you have liked Stalin to live?Musk is capricious, but he sees himself as a problem solver, and the problem is everything from the potential end of life on Earth to climate change and even traffic (his Boring company is building tunnels). Recently, he has dreamt up his own (rather unhelpful) peace plan for ending Russia’s war in Ukraine. Born and raised in South Africa in a well-to-do family, he landed in California after studying economics and physics in Canada and Pennsylvania. One of his first big ideas was well ahead of its time: he wanted to revolutionise banking. He merged an online payments business he co-founded with another company in what became PayPal. When PayPal was sold to eBay, he used the money to start SpaceX and invest in Tesla.Ageing strikes me as the only threat to humans that he is not attempting to resolve, though another company he founded, Neuralink, is designing chips that will be implanted in the brain to restore sensory and motor function. Musk is very exercised about population decline, and claims to be doing his part to populate Earth by having 10 children (from various partners), including, it was recently reported, twins with an executive at Neuralink.He scoffs when I inquire if there are other children he has fathered — “I’m pretty sure there are no other babies looming” — and he dismisses the wild rumours that he has bought a fertility clinic to support his production of babies. Some friends, he reveals, have indeed suggested he should have 500 kids, but that would be a “bit weird”. Referring to himself, aged 51, as an “autumn chicken”, he says he may have more children, but only to the extent that he can be a good father to them. Nonetheless, he predicts that “the current trend for most countries is that civilisation will not die with a bang, it will die with a whimper in adult diapers”. But he says ageing should not be solved. “It’s important that people die. How long would you have liked Stalin to live?” That is a good point.Musk’s bigger worry is the preservation of life beyond Earth. His solution is to populate Mars. “Something will happen to Earth eventually, it’s just a question of time. Eventually the sun will expand and destroy all life on Earth, so we do need to move at some point, or at least be a multi-planet species,” he says. “You have to ask the question: do we want to be a space-flying civilisation and a multi-planet species or not?” I’m not sure what I think but Musk is emphatic. “It’s a question of what percentage of resources should we devote to such an endeavour? I think if you say 1 per cent of resources, that’s probably a reasonable amount.“Would Musk himself join the pioneering colony on Mars? “Especially if I’m getting old, I’ll do it. Why not?” he says. But how useful would he be to Mars if he’s too old? “I think there’s some non-trivial chance of dying, so I’d prefer to take that chance when I’m a bit older, and see my kids grow up. Rather than right now, where little X is only two-and-a-half. I think he’d miss me.”The table is too small for the large plates we are sharing as a second course: a slow-cooked lamb that melts in the mouth, chillies in a walnut-based sauce and shrimp in creamy chipotle sauce. Musk is right: it is the best Mexican food I’ve ever had.We turn to his views on government and politics and the Twitter Musk appears, the more emotional, unrestrained persona that comes across in his frenetic posts. He is lauding billionaires as the most efficient stewards of capital, best placed to decide on the allocation of social benefits. “If the alternative steward of capital is the government, that is actually not going to be to the benefit of the people,” says Musk.He is railing against Joe Biden for being in thrall to the unions but also daring to snub him. “He [Biden] had an electric vehicle summit at the White House and deliberately didn’t invite Tesla last year. Then to follow it up, to add insult to injury, at a big event he said that GM was leading the electric car revolution, in the same quarter that GM shipped 26 electric cars and we shipped 300,000. Does that seem fair to you?“Until recently Musk voted Democrat, although he is now more on the Republican side, or perhaps floating somewhere in between. He says he is considering setting up “the Super Moderate Super Pac” to support candidates with moderate views. He makes a point of telling me that he doesn’t hate Trump, even if he has clashed with him, and insists Biden is simply too old to run for a second term in office. “You don’t want to be too far from the average age of the population because it’s going to be very difficult to stay in touch . . . Maybe one generation away from the average age is OK, but two generations? At the point where you’ve got great-grandchildren, I don’t know, how in touch with the people are you? Is it even possible to be?”I’m subject to literally a million laws and regulations and I obey almost 99.99 per cent of themMusk has a dystopian view of the left’s influence on America, which helps explain his wild pursuit of Twitter to liberate free speech. He blames the fact that his teenage daughter no longer wants to be associated with him on the supposed takeover of elite schools and universities by neo-Marxists. “It’s full-on communism . . . and a general sentiment that if you’re rich, you’re evil,” says Musk. “It [the relationship] may change, but I have very good relationships with all the others [children]. Can’t win them all.“He also has a dim view of regulators, whom he sees as bureaucrats justifying their jobs by going after high-profile targets like him. He seems to be in a constant feud with one regulator or another, whether it’s over his own pronouncements or over the treatment of staff. Musk is unabashed about driving his employees hard. He was bullied as a child (and has also spoken of emotional abuse by his father) but is now sometimes accused of bullying others. He shoots back: if anyone is unhappy working for him, they should work elsewhere because “they’re not chained to the company, it’s voluntary”.Does he ever think he’s above the law? That’s utter nonsense, he tells me: “I’m subject to literally a million laws and regulations and I obey almost 99.99 per cent of them. It’s only when I think the law is contrary to the interest of the people that I have an issue.” I wonder if he means the interest of Elon Musk.There are some topics that amuse Musk, eliciting prolonged laughter, and other questions that are met with deliberate silence before he speaks. The longest silence follows my question about China and the risk to Tesla’s Shanghai factory, which produces between 30 per cent and 50 per cent of Tesla’s total production. Musk has been an admirer of as well as an investor in China. But he is not immune to the gathering US-China tensions or the risk of a Chinese takeover of Taiwan. Musk says Beijing has made clear its disapproval of his recent rollout of Starlink, SpaceX’s satellite communications system, in Ukraine to help the military circumvent Russia’s cut-off of the internet. He says Beijing sought assurances that he would not sell Starlink in China. Musk reckons that conflict over Taiwan is inevitable but he is quick to point out that he won’t be alone in suffering the consequences. Tesla will be caught up in any conflict, he says, though, curiously, he seems to assume that the Shanghai factory will still be able to supply to customers in China, but not anywhere else. “Apple would be in very deep trouble, that’s for sure . . . ” he adds, not to mention the global economy, which he estimates, with precision, will take a 30 per cent hit.It may be Musk’s realisation that business decisions can no longer be made without regard to security and geopolitics — or perhaps it’s simply an arrogant belief that he has all the answers — that now leads him to offer his own solutions to the world’s most complex geopolitical problems. “My recommendation . . . would be to figure out a special administrative zone for Taiwan that is reasonably palatable, probably won’t make everyone happy. And it’s possible, and I think probably, in fact, that they could have an arrangement that’s more lenient than Hong Kong.” I doubt his proposal will be taken up.On Ukraine too, he has advocated a compromise with Russia that has earned him ridicule in Kyiv, where Starlink had made him a hero until now. He launched his peace plan in a poll on Twitter and suggested that Crimea, which Russia invaded in 2014 and later annexed, should simply be given away to Russia. Volodymyr Zelenskyy, the Ukrainian president, shot back with his own Twitter poll: which Elon Musk do you like more, he asked, the one who supports Ukraine or the one who supports Russia?We are over an hour into dinner and Musk is in a hurry, having scheduled a call with his SpaceX team. We skip dessert and I ask for the bill, only to find out it’s already been settled by Musk’s security chief. Musk ignores my protestations that he is flouting Lunch with the FT convention: “You’re indebted to me for life,” he jokes. We head back to the car that is taking him to a private airport to board his jet and he suggests we continue our conversation on the way.I find X exactly where I left him, in his car seat, but he’s more cheerful after his nap. He is cooing as he watches videos of rockets on his iPad while his dad discusses rockets with his team. Suddenly, I notice that the car is driving itself, as if to dispel the doubts I had expressed about Tesla’s self-driving prospects. “It can get to the airport without intervention,” says Musk. Alarmed, I put my seatbelt on. Musk could be a magician, but he could also be wrong.MenuFonda San Miguel2330 W N Loop Blvd, Austin, Texas 78756House frozen margarita $10Modelo Especial beer $6House rocks margarita $10Spicy sauce $0.50Angels on horseback (shrimp with cheese) $18.95Cordero lamb chops $24.95Mixiote slow-cooked lamb $38.95Chile en nogada (chillies in a walnut sauce) $38.95Camarones crema chipotle (shrimp in a spicy chipotle sauce) $34.95Total inc tax $198.37","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9051880784,"gmtCreate":1654663414748,"gmtModify":1676535488519,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051880784","repostId":"2241886404","repostType":4,"repost":{"id":"2241886404","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1654651030,"share":"https://ttm.financial/m/news/2241886404?lang=&edition=fundamental","pubTime":"2022-06-08 09:17","market":"us","language":"en","title":"Short Sellers Raise Bets against GameStop and AMC to Highest Level in a Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2241886404","media":"Dow Jones","summary":"Investors are once again working up the fortitude to bet against GameStop and AMC roughly 18 months ","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/b8915e710b8e57c4e70d7244a7b4ad9f\" tg-width=\"700\" tg-height=\"465\" width=\"100%\" height=\"auto\"/></p><p>Investors are once again working up the fortitude to bet against GameStop and AMC roughly 18 months after last January&#39;s infamous &#34;meme stock&#34; short squeeze sent GameStop shares surging more than 1,000%.</p><p>That move was so sharp that it eventually prompted <a href=\"https://laohu8.com/S/HOOD\">Robinhood</a> (HOOD) and other retail brokerages to restrict trading -- a decision that prompted a congressional hearing and widespread outrage among thousands of traders who were unable to close positions.</p><p>At least <a href=\"https://laohu8.com/S/AONE.U\">one</a> hedge fund, Melvin Capital, lost billions on its bet against GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a>, forcing it to seek an emergency cash infusion. More than a year later, Melvin decided to wind down.</p><p>Although short interest is now nowhere near the exaggerated levels that preceded January 2021&#39;s historic rally, data from S3 Partners shows that short interest in both GameStop and AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> is looking elevated once again, having reached its highest level in about a year.  By comparison, shortly before the trading frenzy really kicked off 18 months ago , short interest in GameStop reportedly exceeded 100%, which is possible since shares can, in theory, be borrowed and sold short more than once.</p><p>The recent rise in short interest was noted in both company&#39;s earnings reports: GameStop reported its earnings for the first three months of 2022 last week, while AMC reported last month.</p><p>According to the S3 Partners data, short interest is equivalent to 23% of GameStop&#39;s float.</p><p><img src=\"https://static.tigerbbs.com/36afbf9510166a3a27a64c2d30561922\" tg-width=\"699\" tg-height=\"320\" width=\"100%\" height=\"auto\"/></p><p>And for AMC, that figure is 22%.</p><p><img src=\"https://static.tigerbbs.com/4a041ddf6c39ad8b2535b865a74e52b3\" tg-width=\"700\" tg-height=\"328\" width=\"100%\" height=\"auto\"/></p><p>Wall Street analysts who cover GameStop and AMC are generally pessimistic. Analysts expect earnings per share to contract for both stocks heading into the next fiscal year, according to the FactSet median estimate.</p><p>And there&#39;s good reason for that -- at least as far as GameStop is concerned. Wedbush&#39;s Michael Pachter, who has been covering GameStop since February 2002, says investors have good reason to be skeptical.</p><p>&#34;The fundamentals are bad, with spending on new initiatives (NFT marketplace, crypto wallet) wiping out the little bit of profits we expected them to earn from their core business,&#34; Pachter said. &#34;They lost money in the holiday quarter for the first time ever...and their cash balance declined by around $700 million over the last three quarters. They burned $300 million in cash in the most recent quarter, but some of that was an inexplicable buildup of inventory (they don&#39;t answer questions, so no idea what they are doing).&#34;</p><p>GameStop shares rallied ahead of their latest earnings report, but have drifted lower since.  They are down nearly 10% since the start of the year, while AMC shares have fallen more than 50% in that time. GameStop shares ended Tuesday up 14.4% at $146.50, compared with a 52-week high of $344.66. AMC shares closed with a gain of 9.4% at $13.07, compared with a 52-week high of $64.96.</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>Short Sellers Raise Bets against GameStop and AMC to Highest Level in a Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShort Sellers Raise Bets against GameStop and AMC to Highest Level in a Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-08 09:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/b8915e710b8e57c4e70d7244a7b4ad9f\" tg-width=\"700\" tg-height=\"465\" width=\"100%\" height=\"auto\"/></p><p>Investors are once again working up the fortitude to bet against GameStop and AMC roughly 18 months after last January&#39;s infamous &#34;meme stock&#34; short squeeze sent GameStop shares surging more than 1,000%.</p><p>That move was so sharp that it eventually prompted <a href=\"https://laohu8.com/S/HOOD\">Robinhood</a> (HOOD) and other retail brokerages to restrict trading -- a decision that prompted a congressional hearing and widespread outrage among thousands of traders who were unable to close positions.</p><p>At least <a href=\"https://laohu8.com/S/AONE.U\">one</a> hedge fund, Melvin Capital, lost billions on its bet against GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a>, forcing it to seek an emergency cash infusion. More than a year later, Melvin decided to wind down.</p><p>Although short interest is now nowhere near the exaggerated levels that preceded January 2021&#39;s historic rally, data from S3 Partners shows that short interest in both GameStop and AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> is looking elevated once again, having reached its highest level in about a year.  By comparison, shortly before the trading frenzy really kicked off 18 months ago , short interest in GameStop reportedly exceeded 100%, which is possible since shares can, in theory, be borrowed and sold short more than once.</p><p>The recent rise in short interest was noted in both company&#39;s earnings reports: GameStop reported its earnings for the first three months of 2022 last week, while AMC reported last month.</p><p>According to the S3 Partners data, short interest is equivalent to 23% of GameStop&#39;s float.</p><p><img src=\"https://static.tigerbbs.com/36afbf9510166a3a27a64c2d30561922\" tg-width=\"699\" tg-height=\"320\" width=\"100%\" height=\"auto\"/></p><p>And for AMC, that figure is 22%.</p><p><img src=\"https://static.tigerbbs.com/4a041ddf6c39ad8b2535b865a74e52b3\" tg-width=\"700\" tg-height=\"328\" width=\"100%\" height=\"auto\"/></p><p>Wall Street analysts who cover GameStop and AMC are generally pessimistic. Analysts expect earnings per share to contract for both stocks heading into the next fiscal year, according to the FactSet median estimate.</p><p>And there&#39;s good reason for that -- at least as far as GameStop is concerned. Wedbush&#39;s Michael Pachter, who has been covering GameStop since February 2002, says investors have good reason to be skeptical.</p><p>&#34;The fundamentals are bad, with spending on new initiatives (NFT marketplace, crypto wallet) wiping out the little bit of profits we expected them to earn from their core business,&#34; Pachter said. &#34;They lost money in the holiday quarter for the first time ever...and their cash balance declined by around $700 million over the last three quarters. They burned $300 million in cash in the most recent quarter, but some of that was an inexplicable buildup of inventory (they don&#39;t answer questions, so no idea what they are doing).&#34;</p><p>GameStop shares rallied ahead of their latest earnings report, but have drifted lower since.  They are down nearly 10% since the start of the year, while AMC shares have fallen more than 50% in that time. GameStop shares ended Tuesday up 14.4% at $146.50, compared with a 52-week high of $344.66. AMC shares closed with a gain of 9.4% at $13.07, compared with a 52-week high of $64.96.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4108":"电影和娱乐","BK4076":"电脑与电子产品零售","BK4577":"网络游戏","BK4547":"WSB热门概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2241886404","content_text":"Investors are once again working up the fortitude to bet against GameStop and AMC roughly 18 months after last January's infamous \"meme stock\" short squeeze sent GameStop shares surging more than 1,000%.That move was so sharp that it eventually prompted Robinhood (HOOD) and other retail brokerages to restrict trading -- a decision that prompted a congressional hearing and widespread outrage among thousands of traders who were unable to close positions.At least one hedge fund, Melvin Capital, lost billions on its bet against GameStop $(GME)$, forcing it to seek an emergency cash infusion. More than a year later, Melvin decided to wind down.Although short interest is now nowhere near the exaggerated levels that preceded January 2021's historic rally, data from S3 Partners shows that short interest in both GameStop and AMC Entertainment Holdings Inc. $(AMC)$ is looking elevated once again, having reached its highest level in about a year.  By comparison, shortly before the trading frenzy really kicked off 18 months ago , short interest in GameStop reportedly exceeded 100%, which is possible since shares can, in theory, be borrowed and sold short more than once.The recent rise in short interest was noted in both company's earnings reports: GameStop reported its earnings for the first three months of 2022 last week, while AMC reported last month.According to the S3 Partners data, short interest is equivalent to 23% of GameStop's float.And for AMC, that figure is 22%.Wall Street analysts who cover GameStop and AMC are generally pessimistic. Analysts expect earnings per share to contract for both stocks heading into the next fiscal year, according to the FactSet median estimate.And there's good reason for that -- at least as far as GameStop is concerned. Wedbush's Michael Pachter, who has been covering GameStop since February 2002, says investors have good reason to be skeptical.\"The fundamentals are bad, with spending on new initiatives (NFT marketplace, crypto wallet) wiping out the little bit of profits we expected them to earn from their core business,\" Pachter said. \"They lost money in the holiday quarter for the first time ever...and their cash balance declined by around $700 million over the last three quarters. They burned $300 million in cash in the most recent quarter, but some of that was an inexplicable buildup of inventory (they don't answer questions, so no idea what they are doing).\"GameStop shares rallied ahead of their latest earnings report, but have drifted lower since.  They are down nearly 10% since the start of the year, while AMC shares have fallen more than 50% in that time. GameStop shares ended Tuesday up 14.4% at $146.50, compared with a 52-week high of $344.66. AMC shares closed with a gain of 9.4% at $13.07, compared with a 52-week high of $64.96.","news_type":1},"isVote":1,"tweetType":1,"viewCount":13,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041412759,"gmtCreate":1656085085171,"gmtModify":1676535765135,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041412759","repostId":"1143013850","repostType":4,"repost":{"id":"1143013850","kind":"news","pubTimestamp":1656075988,"share":"https://ttm.financial/m/news/1143013850?lang=&edition=fundamental","pubTime":"2022-06-24 21:06","market":"us","language":"en","title":"Down 42% From Its High, Could Tesla Stock Rebound After Its Stock Split?","url":"https://stock-news.laohu8.com/highlight/detail?id=1143013850","media":"Motley Fool","summary":"This electric car company is battling supply chain issues and rising costs.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Tesla recently announced plans for a 3-for-1 stock split, pending a shareholder vote in August.</li><li>Stock splits occasionally result in share price appreciation.</li><li>Macroeconomic headwinds have hindered Tesla throughout the second quarter.</li></ul><p><b>Tesla</b> is planning a 3-for-1 stock split, according to a recent filing with the Securities and Exchange Commission (SEC). Of course, the company still needs to obtain the approval of shareholders -- the measure will be put to a vote at the annual meeting on Aug. 4 -- but many investors are already excited about the implications.</p><p>While stock splits have no direct impact on business performance, they do reduce the price of each share, which makes the stock more accessible to retail investors. That occasionally translates into price appreciation, simply because new investors start buying. And with Tesla down 42% from its high, a post-split rebound probably sounds pretty good to shareholders.</p><p>Unfortunately, stock splits don&#39;t always trigger price appreciation, and there are several other variables at play.</p><p><b>Tesla is facing headwinds</b></p><p>Tesla was firing on all cylinders in the first quarter. Despite supply chain disruptions and the rising cost of materials, the company still managed to grow vehicle production and deliveries by 69% and 68%, respectively. In turn, Tesla once again topped the market in terms of electric car sales, capturing a 15.5% market share.</p><p>That led to stellar first-quarter financial results. Revenue skyrocketed 81% to $18.8 billion,operating margin expanded more than 13 percentage points to 19.2%, andGAAPearnings soared more than sevenfold to $2.86 per diluted share. So why is the stock down?</p><p>The market tends to be forward-looking, and investors are worried about what they see on the horizon. First, pandemic-related lockdowns in China resulted in a 22-day closure at Gigafactory Shanghai, and 18 of those days fell in the second quarter.</p><p>Second, supply chain issues slowed the reopening of Gigafactory Shanghai, with production falling as low as 200 vehicles on at least one day in May, according to Reuters. For context, Tesla churned out about 1,200 vehicles per day in China in late April. Collectively, those issues may result in lower-than-expected production numbers for the second quarter.</p><p>More broadly, many would-be buyers might delay purchasing a new car in the current macroeconomic environment. Rising interest rates make auto loans less attractive, and rampant inflationhas already led Tesla to raise its vehicle prices several times this year. In the near term, those headwinds could put downward pressure on Tesla&#39;s share price, especially if the company fails to impress Wall Street with its second-quarter results.</p><p>Countless variables factor into a stock&#39;s price at any given moment, which makes it virtually impossible to forecast short-term price action. More importantly, splitting a stock is like cutting a cake. The number of slices has no impact on the desirability of the cake, and the number of shares has no impact on the value of the company.</p><p>That being said, patient investors should consider picking up a few shares of Tesla right now.</p><p><b>Tesla has an ambitious vision</b></p><p>Tesla has made tremendous progress in terms of manufacturing efficiency. The company posted an industry-leading operating margin of 14.6% in the third quarter of 2021, and that figure has only gone up from there. Better yet, Tesla is well-positioned to maintain or even improve its efficiency in the coming years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3d6392e3198fc1bc9f7169a336dcd7f\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>IMAGE SOURCE: TESLA</span></p><p>The company recently began outfitting the Model Y with 4680 battery cells, a proprietary product that promises to reduce production costs by 56% and boost range by 54%. That&#39;s especially impressive because Tesla already pays less than any other automaker to build its current battery packs, and battery packs are the most expensive part of an electric car. In other words, Tesla is working to reinforce its cost advantage.</p><p>The company is also ramping production at the new Gigafactories in Austin, Texas, and Berlin, Germany. Those efforts will likely drag on margins in the near term, but a European presence should reduce logistics costs and make Tesla more profitable in the long run.</p><p>However, Tesla&#39;s greatest source of profitability will eventually be full self-driving (FSD) technology, according to CEO Elon Musk. Tesla has a robotaxi slated for production in 2024, and it plans to start an autonomous ride hailing platform once its FSD software is ready for action.</p><p>For context, Ark Invest believes autonomous ride hailing platforms will generate $2 trillion in annual profits by 2030. Of course, that number is theoretical at this point, but it supports Musk&#39;s assertion that FSD will be the long-term profit driver.</p><p>Tesla currently trades at 96 times earnings, an outlandish valuation when compared to other automakers. But if the company successfully executes on its ambitious vision, the current share price may look like a bargain a decade down the road. For that reason, I think it&#39;s OK to buy this growth stock right now.</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>Down 42% From Its High, Could Tesla Stock Rebound After Its 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\">\nDown 42% From Its High, Could Tesla Stock Rebound After Its Stock Split?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-24 21:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/24/down-42-could-tesla-rebound-after-its-stock-split/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSTesla recently announced plans for a 3-for-1 stock split, pending a shareholder vote in August.Stock splits occasionally result in share price appreciation.Macroeconomic headwinds have ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/24/down-42-could-tesla-rebound-after-its-stock-split/\">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/2022/06/24/down-42-could-tesla-rebound-after-its-stock-split/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143013850","content_text":"KEY POINTSTesla recently announced plans for a 3-for-1 stock split, pending a shareholder vote in August.Stock splits occasionally result in share price appreciation.Macroeconomic headwinds have hindered Tesla throughout the second quarter.Tesla is planning a 3-for-1 stock split, according to a recent filing with the Securities and Exchange Commission (SEC). Of course, the company still needs to obtain the approval of shareholders -- the measure will be put to a vote at the annual meeting on Aug. 4 -- but many investors are already excited about the implications.While stock splits have no direct impact on business performance, they do reduce the price of each share, which makes the stock more accessible to retail investors. That occasionally translates into price appreciation, simply because new investors start buying. And with Tesla down 42% from its high, a post-split rebound probably sounds pretty good to shareholders.Unfortunately, stock splits don't always trigger price appreciation, and there are several other variables at play.Tesla is facing headwindsTesla was firing on all cylinders in the first quarter. Despite supply chain disruptions and the rising cost of materials, the company still managed to grow vehicle production and deliveries by 69% and 68%, respectively. In turn, Tesla once again topped the market in terms of electric car sales, capturing a 15.5% market share.That led to stellar first-quarter financial results. Revenue skyrocketed 81% to $18.8 billion,operating margin expanded more than 13 percentage points to 19.2%, andGAAPearnings soared more than sevenfold to $2.86 per diluted share. So why is the stock down?The market tends to be forward-looking, and investors are worried about what they see on the horizon. First, pandemic-related lockdowns in China resulted in a 22-day closure at Gigafactory Shanghai, and 18 of those days fell in the second quarter.Second, supply chain issues slowed the reopening of Gigafactory Shanghai, with production falling as low as 200 vehicles on at least one day in May, according to Reuters. For context, Tesla churned out about 1,200 vehicles per day in China in late April. Collectively, those issues may result in lower-than-expected production numbers for the second quarter.More broadly, many would-be buyers might delay purchasing a new car in the current macroeconomic environment. Rising interest rates make auto loans less attractive, and rampant inflationhas already led Tesla to raise its vehicle prices several times this year. In the near term, those headwinds could put downward pressure on Tesla's share price, especially if the company fails to impress Wall Street with its second-quarter results.Countless variables factor into a stock's price at any given moment, which makes it virtually impossible to forecast short-term price action. More importantly, splitting a stock is like cutting a cake. The number of slices has no impact on the desirability of the cake, and the number of shares has no impact on the value of the company.That being said, patient investors should consider picking up a few shares of Tesla right now.Tesla has an ambitious visionTesla has made tremendous progress in terms of manufacturing efficiency. The company posted an industry-leading operating margin of 14.6% in the third quarter of 2021, and that figure has only gone up from there. Better yet, Tesla is well-positioned to maintain or even improve its efficiency in the coming years.IMAGE SOURCE: TESLAThe company recently began outfitting the Model Y with 4680 battery cells, a proprietary product that promises to reduce production costs by 56% and boost range by 54%. That's especially impressive because Tesla already pays less than any other automaker to build its current battery packs, and battery packs are the most expensive part of an electric car. In other words, Tesla is working to reinforce its cost advantage.The company is also ramping production at the new Gigafactories in Austin, Texas, and Berlin, Germany. Those efforts will likely drag on margins in the near term, but a European presence should reduce logistics costs and make Tesla more profitable in the long run.However, Tesla's greatest source of profitability will eventually be full self-driving (FSD) technology, according to CEO Elon Musk. Tesla has a robotaxi slated for production in 2024, and it plans to start an autonomous ride hailing platform once its FSD software is ready for action.For context, Ark Invest believes autonomous ride hailing platforms will generate $2 trillion in annual profits by 2030. Of course, that number is theoretical at this point, but it supports Musk's assertion that FSD will be the long-term profit driver.Tesla currently trades at 96 times earnings, an outlandish valuation when compared to other automakers. But if the company successfully executes on its ambitious vision, the current share price may look like a bargain a decade down the road. For that reason, I think it's OK to buy this growth stock right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9064920577,"gmtCreate":1652270740999,"gmtModify":1676535065321,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9064920577","repostId":"1173203163","repostType":4,"repost":{"id":"1173203163","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":1652273202,"share":"https://ttm.financial/m/news/1173203163?lang=&edition=fundamental","pubTime":"2022-05-11 20:46","market":"us","language":"en","title":"Pre-Bell｜S&P 500 Futures Cut Gains; Coinbase Slumped 18%","url":"https://stock-news.laohu8.com/highlight/detail?id=1173203163","media":"Tiger Newspress","summary":"U.S. Stock futures were lower in trading Wednesday after a key U.S. inflation report. S&P 500 future","content":"<html><head></head><body><p>U.S. Stock futures were lower in trading Wednesday after a key U.S. inflation report. S&amp;P 500 futures cut gains, turn negative after April inflation rises more than expected.</p><p><b>Market Snapshot</b></p><p>At 8:45 a.m. ET, Dow e-minis were down 121 points, or 0.38%, S&amp;P 500 e-minis were up 25 points, or 0.63%, and Nasdaq 100 e-minis were down 139 points, or 1.13%.</p><p><img src=\"https://static.tigerbbs.com/cb33b756bb421ee512d6272d9793609c\" tg-width=\"438\" tg-height=\"266\" referrerpolicy=\"no-referrer\"/></p><h2><b>Pre-Market Movers</b></h2><p><a href=\"https://laohu8.com/S/WEN\">Wendy’s</a> –Wendy’s reported adjusted profit of 17 cents per share, 1 cent below estimates, with revenue and same-store sales also missing analyst forecasts. The restaurant chain is seeing a negative impact from higher costs for supplies and labor, and its shares slid 3.4% in premarket trading.</p><p><a href=\"https://laohu8.com/S/DNUT\">Krispy Kreme</a> – Krispy Kreme gained 1.6% in the premarket after beating top and bottom line estimates for its latest quarter. The donut chain’s “sales per hub” metric jumped 49.2% for international markets and 19.4% for the U.S. and Canada.</p><p><a href=\"https://laohu8.com/S/PRGO\">Perrigo</a> – Perrigo fell 4.1% in premarket trading after reporting a mixed quarter, with adjusted profit of 33 cents per share falling short of the 42 cent consensus estimate. However, the over-the-counter drug maker did report better than expected revenue and raised its full-year outlook after completing the acquisition of consumer health care company HRA Pharma earlier this month.</p><p><a href=\"https://laohu8.com/S/RBLX\">Roblox</a> – Roblox posted a wider than expected loss for its latest quarter as well as sales that fell shy of Street forecasts. The gaming platform company also said it expects losses to continue for the foreseeable future, as expenses rise and as pandemic-induced demand increases fade. Roblox fell 1.1% in premarket action, paring an earlier 10% off-hours loss.</p><p><a href=\"https://laohu8.com/S/U\">Unity Software</a> – Unity Software plunged 23% in the premarket, after the video game software developer issued weaker than expected revenue guidance. Its latest quarterly loss matched estimates, but it sales were shy of consensus.</p><p><a href=\"https://laohu8.com/S/COIN\">Coinbase</a> – Coinbase slumped 18% in premarket trading after it reported an unexpected quarterly loss. The cryptocurrency exchange operator lost $1.98 per share for its latest quarter, compared to consensus forecasts of an 18 cents per share profit. Coinbase noted a decline in users amid an ongoing slump in the crypto market.</p><p><a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a> – Occidental Petroleum added 1.3% in premarket action following an earnings beat for its latest quarter, helped by surging oil prices. Occidental is the top gainer among S&amp;P 500 stocks, having more than doubled this year.</p><p><a href=\"https://laohu8.com/S/TM\">Toyota</a> – Toyota said its profit for the current fiscal year could take a 20% hit due to a jump in raw materials costs. The automaker said it would work with suppliers to come up with alternative materials and other ways to reduce expenses. Shares fell 2.2% in premarket trading.</p><p><a href=\"https://laohu8.com/S/REAL\">RealReal</a> – RealReal rallied 9.3% in the premarket after the seller of secondhand luxury goods reported better than expected quarterly sales. It did report a wider than expected loss, but it said it was poised to benefit from an inflationary trend in the prices of new luxury goods.</p><p><a href=\"https://laohu8.com/S/HRB\">H&amp;R Block</a> – H&amp;R Block reported better than expected quarterly sales and profit, with the tax-preparation company also raising its forecast on upbeat tax season results. H&amp;R Block shares jumped 3.3% in premarket trading.</p><h2><b>Market News</b></h2><p><b>Apple to Discontinue the iPod Touch, Signaling the End of Iconic iPod Line</b></p><p>Apple Inc.&#39;s iPod helped revolutionize the music industry when it was introduced more than two decades ago. Now, music fans will soon bid adieu to the portable player.</p><p>The tech giant said Tuesday that its iPod Touch will only be available while supplies last. It also highlighted other ways people can listen to music across its various products.</p><p><b>Elon Musk Says Tesla Will Expand Giga Shanghai But No New Plant Planned In China</b></p><p>Tesla Inc CEO Elon Musk said on Tuesday that the electric vehicle maker would expand its Giga Shanghai factory but has no plans to launch any new plants in China.</p><p><b>Ford Sells 8 Million Shares of Rivian for $214 Million, Or $26.80 a Piece</b></p><p>Ford Motor Co sold 8 million shares of electric carmaker Rivian Automotive Inc for $214 million, or $26.80 apiece, the U.S. automaker said in a filing on Tuesday.</p><p>Ford now holds 93.9 million shares in the California-headquartered company.</p><p>Rivian&#39;s shares opened at a record low on Monday after the sale was reported by CNBC over the weekend.</p><p><b>Toyota Warns Annual Profit to Skid 20% on Materials, Logistics Costs</b></p><p>Toyota Motor Corp warned that operating earnings this year could slump by a fifth &#34;due to unprecedented increases in materials and logistics costs,&#34; on the back of a 33% slide in fourth-quarter profit, sending its shares down more than 5%.</p><p>Toyota said it expects materials costs to more than double to 1.45 trillion yen ($11.1 billion) in the fiscal year that started in April.</p><p><b>NIO Expects to List on the Singapore Exchange on May 20th</b></p><p>NIO Inc. , a pioneer and a leading company in the premium smart electric vehicle market, today announced that it expects its Class A ordinary shares, par value US$0.00025 per share to be listed and commence trading on the Main Board of the Singapore Exchange Securities Trading Limited on May 20, 2022 (Singapore Time), subject to fulfilment of the conditions set out in the eligibility-to-list letter from the SGX-ST.</p><p>On May 5, 2022, the Company announced that it received the ETL from the SGX-ST with regard to its proposed secondary listing of its Shares by way of introduction on the Main Board of the SGX-ST.</p><p><b>SoFi Tops Expectations with Latest Earnings, Gives Mixed Outlook</b></p><p><a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies Inc.</a> topped expectations with its latest results Tuesday but delivered a mixed forecast in an earnings report that came out several hours before it was officially expected.</p><p>The financial services and loans company posted a net loss of $110.4 million, or 14 cents a share, compared with a loss of $177.6 million, or $1.61 a share, in the year-prior period. Analysts tracked by FactSet were expecting 13 cents a share in net earnings.</p><p>The company also logged adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) of $8.7 million, up from $4.1 million a year before, whereas analysts were modeling $5 million.</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>Pre-Bell｜S&P 500 Futures Cut Gains; Coinbase Slumped 18%</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\">\nPre-Bell｜S&P 500 Futures Cut Gains; Coinbase Slumped 18%\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\">2022-05-11 20:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. Stock futures were lower in trading Wednesday after a key U.S. inflation report. S&amp;P 500 futures cut gains, turn negative after April inflation rises more than expected.</p><p><b>Market Snapshot</b></p><p>At 8:45 a.m. ET, Dow e-minis were down 121 points, or 0.38%, S&amp;P 500 e-minis were up 25 points, or 0.63%, and Nasdaq 100 e-minis were down 139 points, or 1.13%.</p><p><img src=\"https://static.tigerbbs.com/cb33b756bb421ee512d6272d9793609c\" tg-width=\"438\" tg-height=\"266\" referrerpolicy=\"no-referrer\"/></p><h2><b>Pre-Market Movers</b></h2><p><a href=\"https://laohu8.com/S/WEN\">Wendy’s</a> –Wendy’s reported adjusted profit of 17 cents per share, 1 cent below estimates, with revenue and same-store sales also missing analyst forecasts. The restaurant chain is seeing a negative impact from higher costs for supplies and labor, and its shares slid 3.4% in premarket trading.</p><p><a href=\"https://laohu8.com/S/DNUT\">Krispy Kreme</a> – Krispy Kreme gained 1.6% in the premarket after beating top and bottom line estimates for its latest quarter. The donut chain’s “sales per hub” metric jumped 49.2% for international markets and 19.4% for the U.S. and Canada.</p><p><a href=\"https://laohu8.com/S/PRGO\">Perrigo</a> – Perrigo fell 4.1% in premarket trading after reporting a mixed quarter, with adjusted profit of 33 cents per share falling short of the 42 cent consensus estimate. However, the over-the-counter drug maker did report better than expected revenue and raised its full-year outlook after completing the acquisition of consumer health care company HRA Pharma earlier this month.</p><p><a href=\"https://laohu8.com/S/RBLX\">Roblox</a> – Roblox posted a wider than expected loss for its latest quarter as well as sales that fell shy of Street forecasts. The gaming platform company also said it expects losses to continue for the foreseeable future, as expenses rise and as pandemic-induced demand increases fade. Roblox fell 1.1% in premarket action, paring an earlier 10% off-hours loss.</p><p><a href=\"https://laohu8.com/S/U\">Unity Software</a> – Unity Software plunged 23% in the premarket, after the video game software developer issued weaker than expected revenue guidance. Its latest quarterly loss matched estimates, but it sales were shy of consensus.</p><p><a href=\"https://laohu8.com/S/COIN\">Coinbase</a> – Coinbase slumped 18% in premarket trading after it reported an unexpected quarterly loss. The cryptocurrency exchange operator lost $1.98 per share for its latest quarter, compared to consensus forecasts of an 18 cents per share profit. Coinbase noted a decline in users amid an ongoing slump in the crypto market.</p><p><a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a> – Occidental Petroleum added 1.3% in premarket action following an earnings beat for its latest quarter, helped by surging oil prices. Occidental is the top gainer among S&amp;P 500 stocks, having more than doubled this year.</p><p><a href=\"https://laohu8.com/S/TM\">Toyota</a> – Toyota said its profit for the current fiscal year could take a 20% hit due to a jump in raw materials costs. The automaker said it would work with suppliers to come up with alternative materials and other ways to reduce expenses. Shares fell 2.2% in premarket trading.</p><p><a href=\"https://laohu8.com/S/REAL\">RealReal</a> – RealReal rallied 9.3% in the premarket after the seller of secondhand luxury goods reported better than expected quarterly sales. It did report a wider than expected loss, but it said it was poised to benefit from an inflationary trend in the prices of new luxury goods.</p><p><a href=\"https://laohu8.com/S/HRB\">H&amp;R Block</a> – H&amp;R Block reported better than expected quarterly sales and profit, with the tax-preparation company also raising its forecast on upbeat tax season results. H&amp;R Block shares jumped 3.3% in premarket trading.</p><h2><b>Market News</b></h2><p><b>Apple to Discontinue the iPod Touch, Signaling the End of Iconic iPod Line</b></p><p>Apple Inc.&#39;s iPod helped revolutionize the music industry when it was introduced more than two decades ago. Now, music fans will soon bid adieu to the portable player.</p><p>The tech giant said Tuesday that its iPod Touch will only be available while supplies last. It also highlighted other ways people can listen to music across its various products.</p><p><b>Elon Musk Says Tesla Will Expand Giga Shanghai But No New Plant Planned In China</b></p><p>Tesla Inc CEO Elon Musk said on Tuesday that the electric vehicle maker would expand its Giga Shanghai factory but has no plans to launch any new plants in China.</p><p><b>Ford Sells 8 Million Shares of Rivian for $214 Million, Or $26.80 a Piece</b></p><p>Ford Motor Co sold 8 million shares of electric carmaker Rivian Automotive Inc for $214 million, or $26.80 apiece, the U.S. automaker said in a filing on Tuesday.</p><p>Ford now holds 93.9 million shares in the California-headquartered company.</p><p>Rivian&#39;s shares opened at a record low on Monday after the sale was reported by CNBC over the weekend.</p><p><b>Toyota Warns Annual Profit to Skid 20% on Materials, Logistics Costs</b></p><p>Toyota Motor Corp warned that operating earnings this year could slump by a fifth &#34;due to unprecedented increases in materials and logistics costs,&#34; on the back of a 33% slide in fourth-quarter profit, sending its shares down more than 5%.</p><p>Toyota said it expects materials costs to more than double to 1.45 trillion yen ($11.1 billion) in the fiscal year that started in April.</p><p><b>NIO Expects to List on the Singapore Exchange on May 20th</b></p><p>NIO Inc. , a pioneer and a leading company in the premium smart electric vehicle market, today announced that it expects its Class A ordinary shares, par value US$0.00025 per share to be listed and commence trading on the Main Board of the Singapore Exchange Securities Trading Limited on May 20, 2022 (Singapore Time), subject to fulfilment of the conditions set out in the eligibility-to-list letter from the SGX-ST.</p><p>On May 5, 2022, the Company announced that it received the ETL from the SGX-ST with regard to its proposed secondary listing of its Shares by way of introduction on the Main Board of the SGX-ST.</p><p><b>SoFi Tops Expectations with Latest Earnings, Gives Mixed Outlook</b></p><p><a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies Inc.</a> topped expectations with its latest results Tuesday but delivered a mixed forecast in an earnings report that came out several hours before it was officially expected.</p><p>The financial services and loans company posted a net loss of $110.4 million, or 14 cents a share, compared with a loss of $177.6 million, or $1.61 a share, in the year-prior period. Analysts tracked by FactSet were expecting 13 cents a share in net earnings.</p><p>The company also logged adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) of $8.7 million, up from $4.1 million a year before, whereas analysts were modeling $5 million.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173203163","content_text":"U.S. Stock futures were lower in trading Wednesday after a key U.S. inflation report. S&P 500 futures cut gains, turn negative after April inflation rises more than expected.Market SnapshotAt 8:45 a.m. ET, Dow e-minis were down 121 points, or 0.38%, S&P 500 e-minis were up 25 points, or 0.63%, and Nasdaq 100 e-minis were down 139 points, or 1.13%.Pre-Market MoversWendy’s –Wendy’s reported adjusted profit of 17 cents per share, 1 cent below estimates, with revenue and same-store sales also missing analyst forecasts. The restaurant chain is seeing a negative impact from higher costs for supplies and labor, and its shares slid 3.4% in premarket trading.Krispy Kreme – Krispy Kreme gained 1.6% in the premarket after beating top and bottom line estimates for its latest quarter. The donut chain’s “sales per hub” metric jumped 49.2% for international markets and 19.4% for the U.S. and Canada.Perrigo – Perrigo fell 4.1% in premarket trading after reporting a mixed quarter, with adjusted profit of 33 cents per share falling short of the 42 cent consensus estimate. However, the over-the-counter drug maker did report better than expected revenue and raised its full-year outlook after completing the acquisition of consumer health care company HRA Pharma earlier this month.Roblox – Roblox posted a wider than expected loss for its latest quarter as well as sales that fell shy of Street forecasts. The gaming platform company also said it expects losses to continue for the foreseeable future, as expenses rise and as pandemic-induced demand increases fade. Roblox fell 1.1% in premarket action, paring an earlier 10% off-hours loss.Unity Software – Unity Software plunged 23% in the premarket, after the video game software developer issued weaker than expected revenue guidance. Its latest quarterly loss matched estimates, but it sales were shy of consensus.Coinbase – Coinbase slumped 18% in premarket trading after it reported an unexpected quarterly loss. The cryptocurrency exchange operator lost $1.98 per share for its latest quarter, compared to consensus forecasts of an 18 cents per share profit. Coinbase noted a decline in users amid an ongoing slump in the crypto market.Occidental Petroleum – Occidental Petroleum added 1.3% in premarket action following an earnings beat for its latest quarter, helped by surging oil prices. Occidental is the top gainer among S&P 500 stocks, having more than doubled this year.Toyota – Toyota said its profit for the current fiscal year could take a 20% hit due to a jump in raw materials costs. The automaker said it would work with suppliers to come up with alternative materials and other ways to reduce expenses. Shares fell 2.2% in premarket trading.RealReal – RealReal rallied 9.3% in the premarket after the seller of secondhand luxury goods reported better than expected quarterly sales. It did report a wider than expected loss, but it said it was poised to benefit from an inflationary trend in the prices of new luxury goods.H&R Block – H&R Block reported better than expected quarterly sales and profit, with the tax-preparation company also raising its forecast on upbeat tax season results. H&R Block shares jumped 3.3% in premarket trading.Market NewsApple to Discontinue the iPod Touch, Signaling the End of Iconic iPod LineApple Inc.'s iPod helped revolutionize the music industry when it was introduced more than two decades ago. Now, music fans will soon bid adieu to the portable player.The tech giant said Tuesday that its iPod Touch will only be available while supplies last. It also highlighted other ways people can listen to music across its various products.Elon Musk Says Tesla Will Expand Giga Shanghai But No New Plant Planned In ChinaTesla Inc CEO Elon Musk said on Tuesday that the electric vehicle maker would expand its Giga Shanghai factory but has no plans to launch any new plants in China.Ford Sells 8 Million Shares of Rivian for $214 Million, Or $26.80 a PieceFord Motor Co sold 8 million shares of electric carmaker Rivian Automotive Inc for $214 million, or $26.80 apiece, the U.S. automaker said in a filing on Tuesday.Ford now holds 93.9 million shares in the California-headquartered company.Rivian's shares opened at a record low on Monday after the sale was reported by CNBC over the weekend.Toyota Warns Annual Profit to Skid 20% on Materials, Logistics CostsToyota Motor Corp warned that operating earnings this year could slump by a fifth \"due to unprecedented increases in materials and logistics costs,\" on the back of a 33% slide in fourth-quarter profit, sending its shares down more than 5%.Toyota said it expects materials costs to more than double to 1.45 trillion yen ($11.1 billion) in the fiscal year that started in April.NIO Expects to List on the Singapore Exchange on May 20thNIO Inc. , a pioneer and a leading company in the premium smart electric vehicle market, today announced that it expects its Class A ordinary shares, par value US$0.00025 per share to be listed and commence trading on the Main Board of the Singapore Exchange Securities Trading Limited on May 20, 2022 (Singapore Time), subject to fulfilment of the conditions set out in the eligibility-to-list letter from the SGX-ST.On May 5, 2022, the Company announced that it received the ETL from the SGX-ST with regard to its proposed secondary listing of its Shares by way of introduction on the Main Board of the SGX-ST.SoFi Tops Expectations with Latest Earnings, Gives Mixed OutlookSoFi Technologies Inc. topped expectations with its latest results Tuesday but delivered a mixed forecast in an earnings report that came out several hours before it was officially expected.The financial services and loans company posted a net loss of $110.4 million, or 14 cents a share, compared with a loss of $177.6 million, or $1.61 a share, in the year-prior period. Analysts tracked by FactSet were expecting 13 cents a share in net earnings.The company also logged adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) of $8.7 million, up from $4.1 million a year before, whereas analysts were modeling $5 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917843435,"gmtCreate":1665485330827,"gmtModify":1676537614581,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":21,"repostSize":0,"link":"https://ttm.financial/post/9917843435","repostId":"1133232527","repostType":4,"repost":{"id":"1133232527","kind":"news","pubTimestamp":1665479292,"share":"https://ttm.financial/m/news/1133232527?lang=&edition=fundamental","pubTime":"2022-10-11 17:08","market":"us","language":"en","title":"Coinbase, AZZ, Leggett, VOXX And More: U.S. Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1133232527","media":"Benzinga","summary":"With US stock futures trading lower this morning on Tuesday, some of the stocks that may grab invest","content":"<html><head></head><body><p>With US stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:</p><ul><li>Wall Street expects <b>AZZ Inc.</b> to report quarterly earnings at $1.35 per share on revenue of $470.94 million before the opening bell. AZZ shares gained 0.3% to $39.15 in after-hours trading.</li><li><b>Coinbase Inc.</b> said that it obtained “in-principle approval” to provide cryptocurrency services in Singapore from the Monetary Authority of Singapore. The company is expected to release its Q3 financial results on Thursday, November 3. Coinbase shares fell 0.4% to $66.78 in after-hours trading.</li><li>Analysts are expecting <b>E2open Parent Holdings, Inc.</b> to have earned $0.06 per share on revenue of $163.39 million for the latest quarter. The company will release earnings after the markets close. E2open Parent Holdings shares gained 4.5% to $6.28 in the after-hours trading session.</li></ul><ul><li><b>Leggett &amp; Platt, Incorporated</b> lowered its earnings and sales projections for full year 2022. Leggett &amp; Platt shares dropped 8.6% to $31.70 in the after-hours trading session.</li><li>Analysts expect <b>VOXX International Corporation</b> to post a quarterly loss at $0.06 per share on revenue of $137.93 million after the closing bell. VOXX International shares fell 1.8% to $6.90 in the after-hours trading session.</li></ul></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase, AZZ, Leggett, VOXX And More: U.S. Stocks To Watch</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\">\nCoinbase, AZZ, Leggett, VOXX And More: U.S. Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-11 17:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/earnings/22/10/29210254/azz-leggett-platt-and-3-stocks-to-watch-heading-into-tuesday><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With US stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects AZZ Inc. to report quarterly earnings at $1.35 per...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/22/10/29210254/azz-leggett-platt-and-3-stocks-to-watch-heading-into-tuesday\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VOXX":"奥迪富斯","COIN":"Coinbase Global, Inc.","AZZ":"Azz Inc","LEG":"礼恩派","ETWO":"E2open Parent Holdings, Inc."},"source_url":"https://www.benzinga.com/news/earnings/22/10/29210254/azz-leggett-platt-and-3-stocks-to-watch-heading-into-tuesday","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133232527","content_text":"With US stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects AZZ Inc. to report quarterly earnings at $1.35 per share on revenue of $470.94 million before the opening bell. AZZ shares gained 0.3% to $39.15 in after-hours trading.Coinbase Inc. said that it obtained “in-principle approval” to provide cryptocurrency services in Singapore from the Monetary Authority of Singapore. The company is expected to release its Q3 financial results on Thursday, November 3. Coinbase shares fell 0.4% to $66.78 in after-hours trading.Analysts are expecting E2open Parent Holdings, Inc. to have earned $0.06 per share on revenue of $163.39 million for the latest quarter. The company will release earnings after the markets close. E2open Parent Holdings shares gained 4.5% to $6.28 in the after-hours trading session.Leggett & Platt, Incorporated lowered its earnings and sales projections for full year 2022. Leggett & Platt shares dropped 8.6% to $31.70 in the after-hours trading session.Analysts expect VOXX International Corporation to post a quarterly loss at $0.06 per share on revenue of $137.93 million after the closing bell. VOXX International shares fell 1.8% to $6.90 in the after-hours trading session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917062295,"gmtCreate":1665391472717,"gmtModify":1676537598111,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":23,"repostSize":0,"link":"https://ttm.financial/post/9917062295","repostId":"1129204631","repostType":4,"repost":{"id":"1129204631","kind":"news","pubTimestamp":1665415321,"share":"https://ttm.financial/m/news/1129204631?lang=&edition=fundamental","pubTime":"2022-10-10 23:22","market":"us","language":"en","title":"The 2022 Bear Market Cycle May Be Far From Over","url":"https://stock-news.laohu8.com/highlight/detail?id=1129204631","media":"Seeking Alpha","summary":"SummaryThe bear markets of 1937, 2000, and 2008 suggest a short-term bottom may be found in October.","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The bear markets of 1937, 2000, and 2008 suggest a short-term bottom may be found in October.</li><li>However, that doesn&#39;t mean it will be the bottom.</li><li>Whether the market bottoms or not will depend on interest rates.</li></ul><p>The bear market of 2022 still has further to run based on historical trends and valuations versus interest rates. The 2022 S&amp;P 500 continues to trace bear markets of 1937, 2000, and 2008, which is more an indication of the ebb and flow of human nature than past and future events.</p><p>The mid-August peak served as another turning point for the S&amp;P 500, leading to a new September low. At this point, the historical references of the great bear markets of the past suggest another low is due sometime around October 25, give or take a couple of days, followed by an upward move and perhaps some consolidation.</p><p><img src=\"https://static.tigerbbs.com/49a5b3b87d56cd4bd4441ffe78d7917b\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>An October New Low?</b></p><p>From a perspective of events that could lead to a continued decline and bottom at the end of October, a better-than-feared earnings season could be one such event. Whether a late October low will be the bottom or a short-term low is yet to be seen, but given how high valuations are, more work will need to be done for the bottom to be put in place.</p><p>It&#39;s All About Rates</p><p>The S&amp;P 500 earnings yield for 2022 minus the 10-Yr real yield is currently 4.56%. Historically, that is at the lower end of the range and associated with market tops, not bottoms. For example, the 4.5% region was visited in December 2016, January 2018, October 2018, and June 2020. The only case that didn&#39;t see a significant decline was in December 2016, when the index consolidated sideways for nearly three months.</p><p><img src=\"https://static.tigerbbs.com/cbe9b42330ab57d8cb7fcad9ad287b66\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Since 2014, the average spread between the S&amp;P 500 current year earnings yields and the 10-Yr real yield has been around 5.2%, with a standard deviation range of 4.87% to 5.57%. Currently, the S&amp;P 500 premium to the 10-yr TIP is more than two standard deviations from the average. The spread would need to rise by 30 bps to get the index back to within one standard deviation, or by 65 bps to return to the historical average.</p><p><img src=\"https://static.tigerbbs.com/716b902ff03171d3d6501fc54cd5e4ff\" tg-width=\"640\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Another 9% Decline?</p><p>The S&amp;P 500 has an earnings yield based on 2022 earnings estimates of 6.17%. An increase of 30 bps would increase the yield to 6.47%, and an increase of 60 bps would increase the yield to 6.77%. The earnings yield is simply the inverse of the PE ratio, which means the current PE ratio is 16.2 and would need to fall to 15.4 or 14.7 to bring the S&amp;P 500 back to a historically average fair value.</p><p>With the earnings estimates for 2022 currently tracking at $224.73, it would value the S&amp;P 500 in a range of 3,460 to 3,300. That would equal a further decline in the index of around 5% to 9%.</p><p><img src=\"https://static.tigerbbs.com/65e039fb8224601f45af66fa8d842e51\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>What will tell us when this bear market is over is more likely to be interest rates and the dollar index, as these will likely provide a much better signal than other metrics. Because if rates continue to rise, the S&amp;P 500 will need to continue to decline with the pace of rates risings.</p><p>Rate Cuts?</p><p>Typically, the 10-year minus the 2-year spread tells us when the Fed is about to start cutting rates. It is at the point where the spread begins to rise that tends to serve as the best reference for the end of a rate-hiking cycle and the start of a rate-cutting cycle.</p><p><img src=\"https://static.tigerbbs.com/446920a17ef8c631f042c4e6c66a83c5\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>As the market anticipates Fed rate cuts, the 2-Year yield begins to fall back to the 10-Year. It is the opposite, with the 10-2 year spread just recently making a new low in September and showing very little if no signs of turning higher.</p><p><img src=\"https://static.tigerbbs.com/4ebdd77840eddc274c550c53a8b6d962\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Meanwhile, the best way to determine when the 10-2 Year spread may begin to rise is by looking at the unemployment rate because that tends to be a very good predictor of where yields are heading. Typically, when the unemployment starts to run higher, it indicates that the 10-2 year spread will widen, suggesting a rate cut cycle is near.</p><p><img src=\"https://static.tigerbbs.com/a37e7dfd2cd888c6f32ea805482bc8b2\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>In this case, Friday&#39;s job report showed the unemployment rate fell to 3.5% from 3.7% last month and back to its July lows. That leaves the spread between the ten and 2-year Treasury nowhere close to putting in a bottom, and means the Fed is probably nowhere close to finishing its rate hiking cycle.</p><p>If the Fed is nowhere close to finishing its rate hiking cycle, then rates probably aren&#39;t finished rising. Thus, the equity market bear market cycle probably still has further to run, even if the equity market finds a short-term bottom at the end of October.</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>The 2022 Bear Market Cycle May Be Far From Over</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 2022 Bear Market Cycle May Be Far From Over\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-10 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4545463-2022-bear-market-cycle-far-from-over><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe bear markets of 1937, 2000, and 2008 suggest a short-term bottom may be found in October.However, that doesn't mean it will be the bottom.Whether the market bottoms or not will depend on ...</p>\n\n<a href=\"https://seekingalpha.com/article/4545463-2022-bear-market-cycle-far-from-over\">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://seekingalpha.com/article/4545463-2022-bear-market-cycle-far-from-over","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129204631","content_text":"SummaryThe bear markets of 1937, 2000, and 2008 suggest a short-term bottom may be found in October.However, that doesn't mean it will be the bottom.Whether the market bottoms or not will depend on interest rates.The bear market of 2022 still has further to run based on historical trends and valuations versus interest rates. The 2022 S&P 500 continues to trace bear markets of 1937, 2000, and 2008, which is more an indication of the ebb and flow of human nature than past and future events.The mid-August peak served as another turning point for the S&P 500, leading to a new September low. At this point, the historical references of the great bear markets of the past suggest another low is due sometime around October 25, give or take a couple of days, followed by an upward move and perhaps some consolidation.BloombergAn October New Low?From a perspective of events that could lead to a continued decline and bottom at the end of October, a better-than-feared earnings season could be one such event. Whether a late October low will be the bottom or a short-term low is yet to be seen, but given how high valuations are, more work will need to be done for the bottom to be put in place.It's All About RatesThe S&P 500 earnings yield for 2022 minus the 10-Yr real yield is currently 4.56%. Historically, that is at the lower end of the range and associated with market tops, not bottoms. For example, the 4.5% region was visited in December 2016, January 2018, October 2018, and June 2020. The only case that didn't see a significant decline was in December 2016, when the index consolidated sideways for nearly three months.BloombergSince 2014, the average spread between the S&P 500 current year earnings yields and the 10-Yr real yield has been around 5.2%, with a standard deviation range of 4.87% to 5.57%. Currently, the S&P 500 premium to the 10-yr TIP is more than two standard deviations from the average. The spread would need to rise by 30 bps to get the index back to within one standard deviation, or by 65 bps to return to the historical average.BloombergAnother 9% Decline?The S&P 500 has an earnings yield based on 2022 earnings estimates of 6.17%. An increase of 30 bps would increase the yield to 6.47%, and an increase of 60 bps would increase the yield to 6.77%. The earnings yield is simply the inverse of the PE ratio, which means the current PE ratio is 16.2 and would need to fall to 15.4 or 14.7 to bring the S&P 500 back to a historically average fair value.With the earnings estimates for 2022 currently tracking at $224.73, it would value the S&P 500 in a range of 3,460 to 3,300. That would equal a further decline in the index of around 5% to 9%.BloombergWhat will tell us when this bear market is over is more likely to be interest rates and the dollar index, as these will likely provide a much better signal than other metrics. Because if rates continue to rise, the S&P 500 will need to continue to decline with the pace of rates risings.Rate Cuts?Typically, the 10-year minus the 2-year spread tells us when the Fed is about to start cutting rates. It is at the point where the spread begins to rise that tends to serve as the best reference for the end of a rate-hiking cycle and the start of a rate-cutting cycle.BloombergAs the market anticipates Fed rate cuts, the 2-Year yield begins to fall back to the 10-Year. It is the opposite, with the 10-2 year spread just recently making a new low in September and showing very little if no signs of turning higher.BloombergMeanwhile, the best way to determine when the 10-2 Year spread may begin to rise is by looking at the unemployment rate because that tends to be a very good predictor of where yields are heading. Typically, when the unemployment starts to run higher, it indicates that the 10-2 year spread will widen, suggesting a rate cut cycle is near.BloombergIn this case, Friday's job report showed the unemployment rate fell to 3.5% from 3.7% last month and back to its July lows. That leaves the spread between the ten and 2-year Treasury nowhere close to putting in a bottom, and means the Fed is probably nowhere close to finishing its rate hiking cycle.If the Fed is nowhere close to finishing its rate hiking cycle, then rates probably aren't finished rising. Thus, the equity market bear market cycle probably still has further to run, even if the equity market finds a short-term bottom at the end of October.","news_type":1},"isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059902470,"gmtCreate":1654272088190,"gmtModify":1676535423620,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059902470","repostId":"2240582152","repostType":4,"repost":{"id":"2240582152","kind":"highlight","pubTimestamp":1654227171,"share":"https://ttm.financial/m/news/2240582152?lang=&edition=fundamental","pubTime":"2022-06-03 11:32","market":"us","language":"en","title":"2 “Strong Buy” Penny Stocks That Could Rally All the Way to $30 (Or More)","url":"https://stock-news.laohu8.com/highlight/detail?id=2240582152","media":"TipRanks","summary":"There are two sides to every coin. For penny stocks, or tickers that trade for less than $5 per shar","content":"<div>\n<p>There are two sides to every coin. For penny stocks, or tickers that trade for less than $5 per share, this rings especially true. As some of the most divisive names on the Street, they are either met...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-strong-buy-penny-stocks-145740089.html\">Web Link</a>\n\n</div>\n","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 “Strong Buy” Penny Stocks That Could Rally All the Way to $30 (Or More)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 “Strong Buy” Penny Stocks That Could Rally All the Way to $30 (Or More)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-03 11:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/2-strong-buy-penny-stocks-145740089.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are two sides to every coin. For penny stocks, or tickers that trade for less than $5 per share, this rings especially true. As some of the most divisive names on the Street, they are either met...</p>\n\n<a href=\"https://finance.yahoo.com/news/2-strong-buy-penny-stocks-145740089.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETNB":"89Bio, Inc.","MRNS":"Marinus Pharmaceuticals"},"source_url":"https://finance.yahoo.com/news/2-strong-buy-penny-stocks-145740089.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240582152","content_text":"There are two sides to every coin. For penny stocks, or tickers that trade for less than $5 per share, this rings especially true. As some of the most divisive names on the Street, they are either met with resounding praise or forceful discontent.Going beyond the argument that you get more for your money, even minor price appreciation can result in massive percentage gains. However, some investors prefer to avoid these stocks entirely, as the fact that shares are trading at such depressed levels could signal insurmountable headwinds or weak fundamentals.The nature of these investments presents somewhat of a dilemma. How are investors supposed to separate the penny stocks that are ready to take off on an upward trajectory from those set to remain down in the dumps?To help with the due diligence process, we used TipRanks’ database to zero in on only the penny stocks that have received bullish support from the analyst community. We found two that are backed by enough analysts to earn a “Strong Buy” consensus rating. Not to mention each offers up massive upside potential, as some analysts see them climbing to $30, or more.89bio, Inc. (ETNB)The first penny stock we'll look at is 89bio, a clinical-stage biopharmaceutical company focused on severe diseases of the hepatic and cardio-metabolic systems. In layman’s terms, that’s chronic liver and heart disease. The company has one drug candidate in the development pipeline, but it has apparent applications across a fairly wide spectrum. That candidate, called pegozafermin, is undergoing two clinical trials, one for the treatment of non-alcoholic steatohepatitis, or NASH, and one for the treatment of severe hypertriglyceridemia, or SHTG.Pegozafermin operates through the FGF21 pathway. This is an endogenous metabolic hormone tied to energy expenditure and the glucose and lipid metabolism. Acting through the FGF21 function, pegozafermin has potential to become a best-in-class therapeutic agent, with particular efficacy in liver conditions. Pegozafermin has demonstrated clinically meaningful reductions in hepatic fat in patients, as well as reductions in triglyceride levels.The NASH track is more advanced of 89bio’s two ongoing clinical trial programs. The ENLIVEN Phase 2b trial is enrolling patients, with that stage expected to be completed during the third quarter. Topline data from the Phase 2b trial should be ready for release in 1H23. The ENLIVEN trial is targeted to enroll approximately 200 patients.On the SHTG track, pegozafermin is currently the subject of the ENTRIGUE Phase 2 study, which is progressing according to schedule. The company expects to release topline data this month. ENTRIGUE is designed as a proof-of-concept study, with 85 patients enrolled. A successful outcome from this trial will pave the way for a Phase 3 study to be conducted in 2023, post discussions with regulatory authorities.Based on potentially significant clinical catalysts as well as its $3.02 share price, several members of the Street think that now is the right time to pull the trigger.Among the ETNB bulls is SVP analyst Thomas Smith, who writes, \"We continue to expect pegozafermin will demonstrate positive results that could enable a clear line of sight into a streamlined and established regulatory pathway in SHTG. Meanwhile, ETNB has implemented several changes to the ongoing Phase 2b ENLIVEN study of pegozafermin in NASH... ETNB believes these changes will increase the likelihood of success in the study by maximizing enrollment in the higher dose cohorts, adding composite endpoints to further elucidate a treatment effect vs. placebo, and utilizing a consensus methodology among three pathologists to interpret liver biopsy slides.\"\"Overall, we continue to view the FGF21 class as one of the more compelling therapeutic targets for the treatment of NASH and metabolic diseases, with pegozafermin well-positioned as a potentially best-in-class compound based on the drug's competitive efficacy profile and emerging differentiation on safety/tolerability and dosing frequency,\" Smith added.Smith backs up his bullish stance with an Outperform (i.e. Buy) rating on the stock, while his $50 price target suggests a whopping upside potential of 1,550%.While Smith may be exceedingly bullish here, Wall Street generally is on his side. This stock has 9 recent analyst reviews, and they are unanimous to the upside, giving ETNB its Strong Buy consensus rating. The average price target, among these analysts, is $29.63, suggesting a one-year potential growth of ~878%.Marinus Pharmaceuticals (MRNS)Now we’ll turn to Marinus Pharma, a company laser-focused on the treatment of seizure disorders. Marinus has one drug candidate, ganaxolone, developed in both oral and intravenous infusion versions. The drug was approved by the FDA in March of this year for the treatment of seizures due to cyclin-dependent kinase-like 5 (CDKL5) deficiency. This is a rare form of epilepsy with genetic causation, and appears in early childhood; ganaxolone was approved for patients aged 2 and up in an orally dosed formulation.That FDA approval is the major factor in Marinus’ outlook for now, as it gives the company potential for a revenue take-off. The company’s previous quarterly revenue postings have mostly come from collaboration payments with other drug companies. Now that ganaxolone is scheduled for a commercial launch, under the brand name ZTALMY, in July of this year, Marinus has the opportunity to develop a regular, reliable income stream. The company has already prepped a leadership team for the launch, and has begun putting sales reps in place.On the clinical trial side, Marinus has two Phase 3 studies underway. The RAISE trial is studying ganaxolone as an intravenous infusion for the treatment of refractory status epilepticus – that is, as a ‘big gun’ to treat severe seizures that do not abate – and target sites for the study have been expanded to include the US, Canada, Australia, and Israel. Topline data is expected in 2H23.The company has also begun selecting sites and enrolling patients in TrustTSC, a Phase 3 trial of orally dosed ganaxolone in the treatment of seizures from Tuberous Sclerosis Complex. Data from this study is expected in 1Q24.These are the key points noted by Baird analyst Brian Skorney, who writes: “We continue to be encouraged by management's commercial preparedness ahead of the Ztalmy launch, which is on track to begin in July. Notably, the field force is fully on-boarded, with efforts also made to bolster the market access team as they work to drive interactions with payers and physicians...\"\"We see upside potential for shares on strong initial uptake signals, given the valuable liquidity this program can provide as management drives continued progress in other indications. To that end, we continue to see a crucial catalyst in the RAISE readout, which remains on track for 2H23,\" the analyst addedIn Skorney’s view, the liquidity potential here must be substantial, as he rates the stock an Outperform (i.e. Buy) and sets a $32 price target. At current price levels, this target suggests an upside of ~613% over the next 12 months.Getting a new drug onto the commercial market is the ‘holy grail’ in the world of clinical-stage biopharma firms – and Marinus’ success in that has earned it 10 positive analyst reviews recently, for a Strong Buy consensus rating. The stock’s $29.50 average price target and $4.49current trading price combine to indicate room for 557% upside growth in the year ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912158616,"gmtCreate":1664777498935,"gmtModify":1676537506934,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":23,"repostSize":0,"link":"https://ttm.financial/post/9912158616","repostId":"1137600007","repostType":4,"repost":{"id":"1137600007","kind":"news","pubTimestamp":1664774850,"share":"https://ttm.financial/m/news/1137600007?lang=&edition=fundamental","pubTime":"2022-10-03 13:27","market":"us","language":"en","title":"Tesla Investors Are Skating On Thin Ice","url":"https://stock-news.laohu8.com/highlight/detail?id=1137600007","media":"Seeking Alpha","summary":"SummaryMy bearish thesis goes against the flow of current market investor trend.I base it on global business, political, and economic trends.Added to those are concerns that Elon Musk and other inside","content":"<html><head></head><body><p>Summary</p><ul><li>My bearish thesis goes against the flow of current market investor trend.</li><li>I base it on global business, political, and economic trends.</li><li>Added to those are concerns that Elon Musk and other insiders have long been heavy sellers and - like its defective self-drive - they could cause Tesla to crash.</li><li>Many outsider investors do not want to know and just keep on skating despite the ice getting ever-thinner.</li><li>I recommend selling or staying away because, mostly, only dead fish go with the flow.</li></ul><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> has a strong base of retail investors who own around 37% of the stock, according to S&amp;P Global data. Many of those can only be described as Elon Musk worshippers and they account for much of Tesla&#39;s valuation that putsit way above other car makers.</p><p><img src=\"https://static.tigerbbs.com/4ee0fbd48b025faf07859743bb35e4c4\" tg-width=\"700\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/></p><p>Financial Times/S&amp;P Capital IQ</p><p>But even Musk cannot walk on water and has demonstrated that by selling more than $15bn of shares this year in an apparent anticipation of the ice melt. So far Tesla&#39;s shares are down around 34% YTD. If he is compelled to go ahead with distracting takeover of Twitter (TWTR) for $44bn, he may have to sell a lot more. And had he had confidence the price would increase this year he would not have sold that large amount so early to prepare for an event that may still be months away.</p><p>I cannot walk on water either but I have been proved right since my first article <b>Tesla&#39;s Ticking Time Bomb</b> published on November 16, 2021, that advised investors to stay away</p><p>The following chart shows that:</p><p><img src=\"https://static.tigerbbs.com/b365abe183f753e43487624317919d61\" tg-width=\"700\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/></p><p>Financial Times/S&amp;P Capital IQ</p><p>I strongly believe the ice will continue to crack and the price will sink much further, drowning those that stay with it.</p><p>That is a strong and very much contrarian statement given Tesla&#39;s incredibly good development under Elon Musk and I shall show some of those points here first, then expand on my outlook for a sinking future later.</p><p>Tesla&#39;s outstanding performance<img src=\"https://static.tigerbbs.com/39490ba295fd38a06edef6f50b6fe926\" tg-width=\"700\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/></p><p>Financial Times/S&amp;P Capital IQ</p><p>Tesla makes the most popular electric vehicles, EVs, in the world. In the last quarter its sales rose 42% continuing a trend that started in 2019 and taking profits up with those.</p><p>Despite that 34% decline YTD the stock price is around 1,200% over the past 5 years. Many Musk worshippers would say that it because it is tech stock but many tech stocks have collapsed some 70 to 80% in the market crash this year. Tesla is a car maker and it has done outstandingly well against other car makers as it has against most tech stocks.</p><p>The latest results from Tesla&#39;s website were good, but the Gross Margin is declining.</p><p><img src=\"https://static.tigerbbs.com/7e92045dc26f1b2ad4ba033b7a46a4e8\" tg-width=\"661\" tg-height=\"674\" referrerpolicy=\"no-referrer\"/><b>Sales</b> in the current quarter are likely to be good as well.</p><p><b>Cash and cash equivalents</b> are good but in June this year Elon Musk said that Tesla’s new German and Texas factories were “gigantic money furnaces” losing “billions of dollars”. Billions will also be needed to build the additional giant factories required, as might the many existing problems that remain unresolved with new ones still emerging.</p><p>I will now move on to those...</p><p>Ice BreakersInternal ones...</p><p>Many are self-inflicted. I mentioned some of those inTesla Is Past Its Sell By Date.They included problems with the authorities in California, many lawsuits against them and a multitude of recall problems.</p><p>More have since been added to those recalls including 1.1 million cars mentioned in thisrecent SA report.</p><p>There are others too...</p><p>Bitcoin</p><p>Why Musk bought into this is a question I cannot answer as I see no connection with car making. He bought $1.5bn of Bitcoin on Feb 8,2021, at $46,365. The price as I write is $19,334, a plunge of 58%. Some has been sold but Tesla still has around 25% of that original bad buy.</p><p>Batteries</p><p>Tesla is spending billions building factories to make the batteries for its cars. That seems logical but others are doing so too meaning there will be a glut in the not too distant future. As it is Tesla sits way down in “Others&#34; in the world league of EV battery makers</p><p><img src=\"https://static.tigerbbs.com/2bfdb2bed521637cedcbb9ed98e224f1\" tg-width=\"1280\" tg-height=\"613\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>LI-ion Battery Industry News</p><p>Solar</p><p>Using Tesla money, Musk rescued a loss solar panel builder owned by relatives. That sector has nothing to do with car making, is saturated with low-cost producers and Tesla has no chance - and never had - to become a global player, as it is with cars.</p><p>Robots</p><p>Tesla has just held its long-awaited AI Day event in Palo Alto, California. A prototype <b>Optimus</b> humanoid robot was shown off. Analysts think that could prove Tesla is a tech player as much as an automaker and think that creating a working prototype will move the company up a few notches if a production date for the first version of Tesla Bot is seen as being closer. Musk said “Our goal is to make a useful humanoid robot as quickly as possible. There’s still a lot of work to be done to refine Optimus and prove it.”</p><p>He also wants to make it in huge volumes so that the price can become affordable for many thousands at around $20,000. I suspect most people would rather cut their own lawn and spend that money on something else.</p><p>Also, analysts might think that but <b>robots are not what investors in a car maker want</b> plus there are many well established robot makers already around the world; Swiss giantABB(ABB), Chinese owned German companyKuka, US conglomerateGE(GE) and many more. Near Tesla’s Palo Alto office,Agility Roboticsare pioneers in humanoid robot developments.</p><p>Tesla cars are built by robots and more complex ones are used for delicate surgical operations on the human body. Along the road from Palo Alto, in Sunnyvale, CA,Intuitive Surgical(ISRG) has long been the world leader in making those surgical robots.</p><p>Since Tesla is also aiming for self-driving cars, they will not be needed for that purpose either.</p><p>To make robots in the huge quantities Tesla envisages requires years in time and giga bucks being spent on building the factories!</p><p>One would have to be an Optimist to see how Optimus will make profits for Tesla shareholders in any foreseeable timeframe and perhaps ever.</p><p>I might take a more positive view if Musk soon announces an Opti <b>Mrs</b> that would look like my lovely wife but not have her Command and Control capabilities!</p><p>Talking of those, Musk broke through such capabilities - that German bureaucracies thought they had - in order to get the money burning factory there built. In many ways one could admire that but now those offended are getting their own back. Bloomberg recently reported thatElon Musk May Regret Putting Tesla’s First European Plant in Germany.</p><p>All those internally created problems are cash burners with Bitcoin, making solar panels and robots having nothing to do with growing Tesla as a world leading car maker. Those and Twitter plus Musk&#39;s other activities such as SpecEx are distractions from the job of growing Tesla.</p><p>In the above are several key words starting with the letter C, as does Contrarian. There are more C words to come in the...</p><p><b>External Ice Breakers</b></p><p><b>Competition</b> has become huge and is growing fast. All major car makers have been pouring billions of dollars into developing their own EVs and converting existing factories/building new ones in which to make those. Some are also building factories to make their own batteries.</p><p>Competition from <b>China</b> is coming fast. <b>China has for some time been the world’s largest car market and is now also the largest for electric cars.</b> Of those the largest is Chinese car BYD Company Limited (OTCPK:BYDDF,OTCPK:BYDDY) that started as a battery maker. BYD stands for Build Your Dreams (比亚迪 bǐyàdí) and was founded by a guy - Wang Chuanfu - from a poor family background who became a professor at a research institute for non-ferrous metals in Beijing.</p><p>Today, he is among the world&#39;s richest men, because while in Beijing he had the vision that China’s startup battery producers could compete with Japan. In the mid-1990s, Wang relocated to Shenzhen just as it was transforming from a sleepy fishing village into a global manufacturing hub. The mass migration from rural areas gave the city’s factories the cheap labor they needed to compete with rivals in Japan, Korea, and Taiwan. In the next 20 years, BYD in some ways followed the proven path among leading East Asian corporations of examining Japanese and U.S. products and finding ways to duplicate the basic technologies without actually making direct copies of them.</p><p>Today, BYD has overtaken South Korea’s LG as the world’s second-biggest producer of EV batteries, behind China’s Contemporary Amperex Technology, known as CATL.</p><p>Along the way, its EV unit was born in 2002 from an acquisition of Tsinchuan Automobile, then the sixth-largest car manufacturer in China by sales volume. Wang took out the petrol engines from existing models and put in electric motors. In some ways he was ahead of Tesla and now is way ahead because Wang set about a process of mastering technologies from their finished batteries all the way to the lithium and nickel mines.</p><p>BYD is the largest EV maker in China and is now taking the first steps to export. Its prices are way lower than Tesla’s and its cars look ok too...</p><p>According to a recent SA report <b>Toyota</b>(TM) - the world&#39;s largest car maker is going to make alow cost EV for the Chinese market in a jv with BYD.</p><p><b>There are around 300 EV makers in China.</b> The Chinese government wants to whittle those down to around 30 by mergers in order to make them big and able to enter world markets too. Tesla is number three in China.</p><p>Leapmotor is one of those unknowns in the west that may one day be well known; Zhejiang Leapmotor Technology is seeking to raise as much as $1bn in what would be Hong Kong’s largest initial public offering this year, in the latest test of investor appetite for China’s fast-growing EV market. Leapmotor plans to raise as much as HK$8.1bn (US$1bn) from the sale of about 131mn shares in Hong Kong in a range of HK$48-HK$62 each.</p><p>A report from Merics says &#34;Europe is now the main target for electric vehicle exports from China.&#34;</p><p>New EV names are heading for US highways as are old established names. Many of those are detailed with photos in thisCar and Driver report</p><p><b>Many of those are targeting Tesla!</b> Volkswagen (OTCPK:VLKAF) has said it aims to pass Tesla in EV sales by 2025. GM has said similar things. All are targeting a market that is not growing as fast as Tesla&#39;s production ambitions. As a visionary, Musk has achieved near miracles to get Tesla where it is today. However, it will need another miracle in the near future if his target of 20 million cars are to be made, and even aiming for them could put Tesla into reverse gear financially. At Tesla&#39;s last Cyber Round Up in Austin, Texas, Musk said the company would &#34;end up building at least 10 or 12 Gigafactories.&#34; Those <b>Gigafactories cost Gigabucks to build.</b> They also require years to build, and he needs them soon if he is to make <b>20 million cars per year by2030.</b> That means completion before the end of 2029 - just over 7 years away. None have been started, nor even have locations been announced!</p><p>In the unlikely event Tesla achieved that number, it would require another miracle to sell that many cars, because gaining 16.4% of the entire world car market - including ICEs - is probably impossible for any car maker.GlobeNewswiremade the 2030 estimate of total car market size in 2030 of 122.83 million units that I used to calculate that market share percentage. It makes worthwhile reading.</p><p>It also looks rather stupid ifS&amp;P Global&#39;s estimateof 26.8 million EV sales by 2030 proves correct. That would mean <b>Tesla has to achieve 75% EV market share!</b> It may have had that until now but there is no way it will by 2030.</p><p><b>Hydrogen fuelled cars</b>are all also hitting some roads in growing numbers. Toyota who led the world into hybrids are leading with that. Toyota’s Mirai - pictured below - looks good and is priced from $49,500.</p><p><img src=\"https://static.tigerbbs.com/9ab951a2178f4987f13f493226d64de5\" tg-width=\"768\" tg-height=\"323\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Toyota</p><p>Their fuel cells Elon Musk dismissed as fool cells. Those &#34;fool&#34; cells use much less lithium than batteries and growth in EV sales means lithium is becoming scarcer and more expensive so they may yet make Musk look like a fool.</p><p>Politics and Economics</p><p><b>China heads the list</b> for both. Economically it is growing still but the bigger threat for Tesla is political.</p><p>Among the latest flash points, Speaker Nancy Pelosi’s visit to Taiwan, a de-facto independent nation that China considers its territory, only stands to inflame tensions on the topic already stoked by President Biden’sconsistent undermining of US strategic ambiguity. Military drills conducted around the island following the visit have onlyraised alarms among Taiwanese military officials. In recent days, President Biden discarded ambiguity completely by saying the US will indeed defend Taiwan.</p><p>China is no innocent and such tensions could accidentally trigger a new world war. Hopefully, that will not happen but Tesla’s huge investment in China is a sitting target in a trade war with the US.</p><p>Elon Musk’s SpaceX company may also compound Tesla’s potential problems in China. The South China Morning Post published this article, titled &#34;China military must be able to destroy Elon Musk’s Starlink satellites if they threaten national security.&#34;</p><p>There are also many reports that the Chinese government sees Tesla’s cars as a spying threat, having banned them in places requiring tight security and stopped government departments from buying them for official use. Thisgetjerry reporttells some of that story.</p><p>Given the influence the government has over its people, it could easily encourage them to buy Chinese brands in preference to Tesla.</p><p><b>Emerging markets.</b>The ice has already cracked for some of those such as Sri Lanka and they are <b>now submerging markets.</b> They will not be car buying markets.</p><p><b>Europe.</b>The fundamentals are not good for any car maker at present.</p><p><b>Britainis again the sick man of Europe</b>- an accolade it enjoyed in the 1970s- and now renamed <b>Stagnation Nation</b>. Today it has C words in abundance; a housing<b>c</b>risis, a healthcare<b>c</b>risis, an energy<b>c</b>risis, a<b>c</b>ost of living<b>c</b>risis and now a<b>c</b>urrency<b>c</b>risis too, the latter caused by a<b>c</b>ivil war. It is no surprise that the Bank of England projects British households are facing the biggest collapse in living standards since such records were first kept 60 years ago. The chief economist at that monetary policy custodian - the BoE - said the UK government&#39;s recent mini-budget loosening of fiscal policy &#34;will require a significant monetary response&#34;. That response means raising interest rates thus making things worse and that civil war has driven <b>British pound down to record lows</b> in a country already in recession and heavily dependent on imports of many things. That means Tesla&#39;s cars - all of which are imported - have become more expensive unless Tesla absorbs the difference.</p><p>Those warring policy makers there have had the BoE buying bonds while the Treasury needs to sell them to fund tax cuts! They have become the real life manifestation of the mythical Doctor Dolittle Pushmi-Pullyu creature which has two heads at opposite ends of the body pulling in opposite directions.</p><p>That creature was a Do Little but its re-creators in Britain are doing a huge amount of economic damage!</p><p>I may have used a lot of words on Britain - a country that may not be of importance to most investors and nor to me - but until fairly recently it was the 4th largest car market in the world and remains a large one ...for now.</p><p><b>Germany</b> is also a recession or nearly so. It is Europe&#39;s largest economy and the world&#39;s 4th largest.</p><p>Cars are aconsumer discretionary and sales crash in recessions taking Tesla&#39;s (and others) stock price down with it.</p><p><b>The US</b> is in ok shape for now with employment in relatively good shape but a less obvious civil war is taking place there too with tight fiscal/loose monetary combination pulling in opposite directions. Maybe <b>contagion</b> from Britain’s illness is happening in the US.</p><p>President Biden&#39;s new Inflation Reduction Act introduced a spending boost of $467bn that a much more hawkish Fed is trying to counter with higher interest rates to stop spending. That has already pushed 30 year mortgage rates over 7%. Buying a house and other essentials is more important than buying a new car.</p><p>The concern about people not buying cars with those that do having more and more EV brands to choose from means many investors have already headed back onto firm ground.</p><p>Tesla&#39;s stock price is below the 200 day moving average...<img src=\"https://static.tigerbbs.com/e9be350238860071dbd4bb85f95ba3fe\" tg-width=\"729\" tg-height=\"449\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>BTIG and Bloomberg</p><p>But not all are heading for safety given the</p><p><b>Investment Ratings...</b></p><p><img src=\"https://static.tigerbbs.com/39e3287af16f23cad0736759be90e1bc\" tg-width=\"310\" tg-height=\"52\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>CNBC</p><p>The Financial Times shows 37 analysts offering 12 month price targets for Tesla Inc have a median target of 333.33, with a high estimate of 461.00 and a low estimate of 24.33. The median estimate represents a 25.66% increase from the last price of 265.25.<img src=\"https://static.tigerbbs.com/082feafec508738c83ee30aed6458e8b\" tg-width=\"628\" tg-height=\"156\" width=\"100%\" height=\"auto\"/>The vast majority of those analysts say the price will increase leaving <b>very few in the contrarian camp - that includes myself.</b></p><p>That differing conclusion is made more stark by the fact those analysts also know - or should know - that much of the world is in or near recession when car sales crumble plus the other danger factors I mention.</p><p>SA ratings summary...</p><p>SA Authors Hold 3.10</p><p>Wall Street Buy 3.86</p><p>Quant Hold 3.47</p><p><b>Insider sentiment may summarise it all:</b> Elon Musk and other insiders have long been sellers. The last time one of them bought was in 2019. Musk sold even more just a few weeks ago, in August!</p><p>Joining all those dots leads me also to only one conclusion...</p><p>Tesla Investors Are Skating On Thin Ice</p><p>Musk selling is tantamount to pulling the rug out from underneath investors.</p><p>He and the company face many challenges including potentially very damaging legal ones.</p><p>In my opinion his diversification into unrelated areas of business is both a distraction and a misuse of Tesla shareholders money.</p><p>Tesla&#39;s price has long been at a PE multiple far higher than any other car maker during a time it was virtually alone and far ahead of all in making EVs. Today the EV market will soon be crowded in a worsening economic and political climate.</p><p>Musk’s diversification into unrelated and overcrowded areas has been the downfall of all conglomerates in the past and may be is provingPeter’s Principleright!</p><p>Tesla faces a mountain of challenges many of which have built up over a long time and remain unresolved with more added in recent times plus recessions now adding to those.</p><p>Despite all that the majority of analysts - most of whom work for large, respected organisations - only see upside from here.</p><p>Earlier this year my target was $100. That was before the split, meaning around $34 now.</p><p>My conclusion is therefore starkly opposite those optimistic analysts. I see that above <b>low forecast of $24.33</b> within the next 12 months as being <b>closer to the mark</b> than any of the others.</p><p>Contrarian view that maybe but I am staying well away from Tesla and recommend that others get off that thin ice soon...before it finally cracks under them!</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>Tesla Investors Are Skating On Thin Ice</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 Investors Are Skating On Thin Ice\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-03 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4544232-tesla-investors-are-skating-on-thin-ice><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMy bearish thesis goes against the flow of current market investor trend.I base it on global business, political, and economic trends.Added to those are concerns that Elon Musk and other ...</p>\n\n<a href=\"https://seekingalpha.com/article/4544232-tesla-investors-are-skating-on-thin-ice\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4544232-tesla-investors-are-skating-on-thin-ice","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137600007","content_text":"SummaryMy bearish thesis goes against the flow of current market investor trend.I base it on global business, political, and economic trends.Added to those are concerns that Elon Musk and other insiders have long been heavy sellers and - like its defective self-drive - they could cause Tesla to crash.Many outsider investors do not want to know and just keep on skating despite the ice getting ever-thinner.I recommend selling or staying away because, mostly, only dead fish go with the flow.Tesla has a strong base of retail investors who own around 37% of the stock, according to S&P Global data. Many of those can only be described as Elon Musk worshippers and they account for much of Tesla's valuation that putsit way above other car makers.Financial Times/S&P Capital IQBut even Musk cannot walk on water and has demonstrated that by selling more than $15bn of shares this year in an apparent anticipation of the ice melt. So far Tesla's shares are down around 34% YTD. If he is compelled to go ahead with distracting takeover of Twitter (TWTR) for $44bn, he may have to sell a lot more. And had he had confidence the price would increase this year he would not have sold that large amount so early to prepare for an event that may still be months away.I cannot walk on water either but I have been proved right since my first article Tesla's Ticking Time Bomb published on November 16, 2021, that advised investors to stay awayThe following chart shows that:Financial Times/S&P Capital IQI strongly believe the ice will continue to crack and the price will sink much further, drowning those that stay with it.That is a strong and very much contrarian statement given Tesla's incredibly good development under Elon Musk and I shall show some of those points here first, then expand on my outlook for a sinking future later.Tesla's outstanding performanceFinancial Times/S&P Capital IQTesla makes the most popular electric vehicles, EVs, in the world. In the last quarter its sales rose 42% continuing a trend that started in 2019 and taking profits up with those.Despite that 34% decline YTD the stock price is around 1,200% over the past 5 years. Many Musk worshippers would say that it because it is tech stock but many tech stocks have collapsed some 70 to 80% in the market crash this year. Tesla is a car maker and it has done outstandingly well against other car makers as it has against most tech stocks.The latest results from Tesla's website were good, but the Gross Margin is declining.Sales in the current quarter are likely to be good as well.Cash and cash equivalents are good but in June this year Elon Musk said that Tesla’s new German and Texas factories were “gigantic money furnaces” losing “billions of dollars”. Billions will also be needed to build the additional giant factories required, as might the many existing problems that remain unresolved with new ones still emerging.I will now move on to those...Ice BreakersInternal ones...Many are self-inflicted. I mentioned some of those inTesla Is Past Its Sell By Date.They included problems with the authorities in California, many lawsuits against them and a multitude of recall problems.More have since been added to those recalls including 1.1 million cars mentioned in thisrecent SA report.There are others too...BitcoinWhy Musk bought into this is a question I cannot answer as I see no connection with car making. He bought $1.5bn of Bitcoin on Feb 8,2021, at $46,365. The price as I write is $19,334, a plunge of 58%. Some has been sold but Tesla still has around 25% of that original bad buy.BatteriesTesla is spending billions building factories to make the batteries for its cars. That seems logical but others are doing so too meaning there will be a glut in the not too distant future. As it is Tesla sits way down in “Others\" in the world league of EV battery makersLI-ion Battery Industry NewsSolarUsing Tesla money, Musk rescued a loss solar panel builder owned by relatives. That sector has nothing to do with car making, is saturated with low-cost producers and Tesla has no chance - and never had - to become a global player, as it is with cars.RobotsTesla has just held its long-awaited AI Day event in Palo Alto, California. A prototype Optimus humanoid robot was shown off. Analysts think that could prove Tesla is a tech player as much as an automaker and think that creating a working prototype will move the company up a few notches if a production date for the first version of Tesla Bot is seen as being closer. Musk said “Our goal is to make a useful humanoid robot as quickly as possible. There’s still a lot of work to be done to refine Optimus and prove it.”He also wants to make it in huge volumes so that the price can become affordable for many thousands at around $20,000. I suspect most people would rather cut their own lawn and spend that money on something else.Also, analysts might think that but robots are not what investors in a car maker want plus there are many well established robot makers already around the world; Swiss giantABB(ABB), Chinese owned German companyKuka, US conglomerateGE(GE) and many more. Near Tesla’s Palo Alto office,Agility Roboticsare pioneers in humanoid robot developments.Tesla cars are built by robots and more complex ones are used for delicate surgical operations on the human body. Along the road from Palo Alto, in Sunnyvale, CA,Intuitive Surgical(ISRG) has long been the world leader in making those surgical robots.Since Tesla is also aiming for self-driving cars, they will not be needed for that purpose either.To make robots in the huge quantities Tesla envisages requires years in time and giga bucks being spent on building the factories!One would have to be an Optimist to see how Optimus will make profits for Tesla shareholders in any foreseeable timeframe and perhaps ever.I might take a more positive view if Musk soon announces an Opti Mrs that would look like my lovely wife but not have her Command and Control capabilities!Talking of those, Musk broke through such capabilities - that German bureaucracies thought they had - in order to get the money burning factory there built. In many ways one could admire that but now those offended are getting their own back. Bloomberg recently reported thatElon Musk May Regret Putting Tesla’s First European Plant in Germany.All those internally created problems are cash burners with Bitcoin, making solar panels and robots having nothing to do with growing Tesla as a world leading car maker. Those and Twitter plus Musk's other activities such as SpecEx are distractions from the job of growing Tesla.In the above are several key words starting with the letter C, as does Contrarian. There are more C words to come in the...External Ice BreakersCompetition has become huge and is growing fast. All major car makers have been pouring billions of dollars into developing their own EVs and converting existing factories/building new ones in which to make those. Some are also building factories to make their own batteries.Competition from China is coming fast. China has for some time been the world’s largest car market and is now also the largest for electric cars. Of those the largest is Chinese car BYD Company Limited (OTCPK:BYDDF,OTCPK:BYDDY) that started as a battery maker. BYD stands for Build Your Dreams (比亚迪 bǐyàdí) and was founded by a guy - Wang Chuanfu - from a poor family background who became a professor at a research institute for non-ferrous metals in Beijing.Today, he is among the world's richest men, because while in Beijing he had the vision that China’s startup battery producers could compete with Japan. In the mid-1990s, Wang relocated to Shenzhen just as it was transforming from a sleepy fishing village into a global manufacturing hub. The mass migration from rural areas gave the city’s factories the cheap labor they needed to compete with rivals in Japan, Korea, and Taiwan. In the next 20 years, BYD in some ways followed the proven path among leading East Asian corporations of examining Japanese and U.S. products and finding ways to duplicate the basic technologies without actually making direct copies of them.Today, BYD has overtaken South Korea’s LG as the world’s second-biggest producer of EV batteries, behind China’s Contemporary Amperex Technology, known as CATL.Along the way, its EV unit was born in 2002 from an acquisition of Tsinchuan Automobile, then the sixth-largest car manufacturer in China by sales volume. Wang took out the petrol engines from existing models and put in electric motors. In some ways he was ahead of Tesla and now is way ahead because Wang set about a process of mastering technologies from their finished batteries all the way to the lithium and nickel mines.BYD is the largest EV maker in China and is now taking the first steps to export. Its prices are way lower than Tesla’s and its cars look ok too...According to a recent SA report Toyota(TM) - the world's largest car maker is going to make alow cost EV for the Chinese market in a jv with BYD.There are around 300 EV makers in China. The Chinese government wants to whittle those down to around 30 by mergers in order to make them big and able to enter world markets too. Tesla is number three in China.Leapmotor is one of those unknowns in the west that may one day be well known; Zhejiang Leapmotor Technology is seeking to raise as much as $1bn in what would be Hong Kong’s largest initial public offering this year, in the latest test of investor appetite for China’s fast-growing EV market. Leapmotor plans to raise as much as HK$8.1bn (US$1bn) from the sale of about 131mn shares in Hong Kong in a range of HK$48-HK$62 each.A report from Merics says \"Europe is now the main target for electric vehicle exports from China.\"New EV names are heading for US highways as are old established names. Many of those are detailed with photos in thisCar and Driver reportMany of those are targeting Tesla! Volkswagen (OTCPK:VLKAF) has said it aims to pass Tesla in EV sales by 2025. GM has said similar things. All are targeting a market that is not growing as fast as Tesla's production ambitions. As a visionary, Musk has achieved near miracles to get Tesla where it is today. However, it will need another miracle in the near future if his target of 20 million cars are to be made, and even aiming for them could put Tesla into reverse gear financially. At Tesla's last Cyber Round Up in Austin, Texas, Musk said the company would \"end up building at least 10 or 12 Gigafactories.\" Those Gigafactories cost Gigabucks to build. They also require years to build, and he needs them soon if he is to make 20 million cars per year by2030. That means completion before the end of 2029 - just over 7 years away. None have been started, nor even have locations been announced!In the unlikely event Tesla achieved that number, it would require another miracle to sell that many cars, because gaining 16.4% of the entire world car market - including ICEs - is probably impossible for any car maker.GlobeNewswiremade the 2030 estimate of total car market size in 2030 of 122.83 million units that I used to calculate that market share percentage. It makes worthwhile reading.It also looks rather stupid ifS&P Global's estimateof 26.8 million EV sales by 2030 proves correct. That would mean Tesla has to achieve 75% EV market share! It may have had that until now but there is no way it will by 2030.Hydrogen fuelled carsare all also hitting some roads in growing numbers. Toyota who led the world into hybrids are leading with that. Toyota’s Mirai - pictured below - looks good and is priced from $49,500.ToyotaTheir fuel cells Elon Musk dismissed as fool cells. Those \"fool\" cells use much less lithium than batteries and growth in EV sales means lithium is becoming scarcer and more expensive so they may yet make Musk look like a fool.Politics and EconomicsChina heads the list for both. Economically it is growing still but the bigger threat for Tesla is political.Among the latest flash points, Speaker Nancy Pelosi’s visit to Taiwan, a de-facto independent nation that China considers its territory, only stands to inflame tensions on the topic already stoked by President Biden’sconsistent undermining of US strategic ambiguity. Military drills conducted around the island following the visit have onlyraised alarms among Taiwanese military officials. In recent days, President Biden discarded ambiguity completely by saying the US will indeed defend Taiwan.China is no innocent and such tensions could accidentally trigger a new world war. Hopefully, that will not happen but Tesla’s huge investment in China is a sitting target in a trade war with the US.Elon Musk’s SpaceX company may also compound Tesla’s potential problems in China. The South China Morning Post published this article, titled \"China military must be able to destroy Elon Musk’s Starlink satellites if they threaten national security.\"There are also many reports that the Chinese government sees Tesla’s cars as a spying threat, having banned them in places requiring tight security and stopped government departments from buying them for official use. Thisgetjerry reporttells some of that story.Given the influence the government has over its people, it could easily encourage them to buy Chinese brands in preference to Tesla.Emerging markets.The ice has already cracked for some of those such as Sri Lanka and they are now submerging markets. They will not be car buying markets.Europe.The fundamentals are not good for any car maker at present.Britainis again the sick man of Europe- an accolade it enjoyed in the 1970s- and now renamed Stagnation Nation. Today it has C words in abundance; a housingcrisis, a healthcarecrisis, an energycrisis, acost of livingcrisis and now acurrencycrisis too, the latter caused by acivil war. It is no surprise that the Bank of England projects British households are facing the biggest collapse in living standards since such records were first kept 60 years ago. The chief economist at that monetary policy custodian - the BoE - said the UK government's recent mini-budget loosening of fiscal policy \"will require a significant monetary response\". That response means raising interest rates thus making things worse and that civil war has driven British pound down to record lows in a country already in recession and heavily dependent on imports of many things. That means Tesla's cars - all of which are imported - have become more expensive unless Tesla absorbs the difference.Those warring policy makers there have had the BoE buying bonds while the Treasury needs to sell them to fund tax cuts! They have become the real life manifestation of the mythical Doctor Dolittle Pushmi-Pullyu creature which has two heads at opposite ends of the body pulling in opposite directions.That creature was a Do Little but its re-creators in Britain are doing a huge amount of economic damage!I may have used a lot of words on Britain - a country that may not be of importance to most investors and nor to me - but until fairly recently it was the 4th largest car market in the world and remains a large one ...for now.Germany is also a recession or nearly so. It is Europe's largest economy and the world's 4th largest.Cars are aconsumer discretionary and sales crash in recessions taking Tesla's (and others) stock price down with it.The US is in ok shape for now with employment in relatively good shape but a less obvious civil war is taking place there too with tight fiscal/loose monetary combination pulling in opposite directions. Maybe contagion from Britain’s illness is happening in the US.President Biden's new Inflation Reduction Act introduced a spending boost of $467bn that a much more hawkish Fed is trying to counter with higher interest rates to stop spending. That has already pushed 30 year mortgage rates over 7%. Buying a house and other essentials is more important than buying a new car.The concern about people not buying cars with those that do having more and more EV brands to choose from means many investors have already headed back onto firm ground.Tesla's stock price is below the 200 day moving average...BTIG and BloombergBut not all are heading for safety given theInvestment Ratings...CNBCThe Financial Times shows 37 analysts offering 12 month price targets for Tesla Inc have a median target of 333.33, with a high estimate of 461.00 and a low estimate of 24.33. The median estimate represents a 25.66% increase from the last price of 265.25.The vast majority of those analysts say the price will increase leaving very few in the contrarian camp - that includes myself.That differing conclusion is made more stark by the fact those analysts also know - or should know - that much of the world is in or near recession when car sales crumble plus the other danger factors I mention.SA ratings summary...SA Authors Hold 3.10Wall Street Buy 3.86Quant Hold 3.47Insider sentiment may summarise it all: Elon Musk and other insiders have long been sellers. The last time one of them bought was in 2019. Musk sold even more just a few weeks ago, in August!Joining all those dots leads me also to only one conclusion...Tesla Investors Are Skating On Thin IceMusk selling is tantamount to pulling the rug out from underneath investors.He and the company face many challenges including potentially very damaging legal ones.In my opinion his diversification into unrelated areas of business is both a distraction and a misuse of Tesla shareholders money.Tesla's price has long been at a PE multiple far higher than any other car maker during a time it was virtually alone and far ahead of all in making EVs. Today the EV market will soon be crowded in a worsening economic and political climate.Musk’s diversification into unrelated and overcrowded areas has been the downfall of all conglomerates in the past and may be is provingPeter’s Principleright!Tesla faces a mountain of challenges many of which have built up over a long time and remain unresolved with more added in recent times plus recessions now adding to those.Despite all that the majority of analysts - most of whom work for large, respected organisations - only see upside from here.Earlier this year my target was $100. That was before the split, meaning around $34 now.My conclusion is therefore starkly opposite those optimistic analysts. I see that above low forecast of $24.33 within the next 12 months as being closer to the mark than any of the others.Contrarian view that maybe but I am staying well away from Tesla and recommend that others get off that thin ice soon...before it finally cracks under them!","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999109680,"gmtCreate":1660481638343,"gmtModify":1676533477956,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999109680","repostId":"1110057750","repostType":4,"repost":{"id":"1110057750","kind":"news","pubTimestamp":1660446286,"share":"https://ttm.financial/m/news/1110057750?lang=&edition=fundamental","pubTime":"2022-08-14 11:04","market":"us","language":"en","title":"Alibaba Stock: Follow Masayoshi Son, Not Charlie Munger","url":"https://stock-news.laohu8.com/highlight/detail?id=1110057750","media":"seekingalpha","summary":"SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to fo","content":"<html><head></head><body><p>Summary</p><ul><li>I explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank&#39;s CEO, Masayoshi Son.</li><li>Mr. Son has decided to reduce his stake in Alibaba from 23.7% to 14.6% - in my opinion, this may create headwinds for BABA in the medium term.</li><li>Investors shouldn&#39;t be fooled by Alibaba&#39;s &#34;low multiples&#34; but to take a broader look at this company and consider all the risks involved.</li><li>Based on a fairly optimistic DCF model, there is a downside of 14% for Alibaba stock.</li><li>The desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.</li></ul><p>Introduction &amp; Thesis</p><p>On March 24, 2020, Bloomberg wrote about Softbank CEO Masayoshi Son&#39;s plans to sell $14 billion worth of Alibaba shares (NYSE:BABA) to shore up the bank&#39;s businesses, which had been battered by the coronavirus pandemic. This was not the first news of attempts by Masayoshi Son, who was one of the first investors in BABA in 2000, to get rid of the company&#39;s shares - according to a press release from the bank, derivative tradeshave been made since 2016. However, $14 billion in 2020 was quite a large amount, and in the medium term, BABA shares began to correct more than the main benchmarks:</p><p><img src=\"https://static.tigerbbs.com/96b0ceefb3d3bed3af27a07fdd9d3a81\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Now we see that Softbank faced the problem of deflating the bubble in high-growth companies after the Corona crisis, and will now further reduce its stake in Alibaba stock (from the current 23.7% to 14.6% after settling $34 billion in prepaid forward contracts).</p><p>As from the very beginning of my coverage of Alibaba stock here on Seeking Alpha, I still believe that investors should not follow on the heels of Charlie Munger - there are too many risks in buying this stock, both geopolitical (U.S.-China tensions, Taiwan) and economic (China&#39;s GDP growth slowdown and housing crisis). The pressure on BABA&#39;s quotes is likely to continue due to these two factors, and Softbank&#39;s sale of forward contracts for such a large amount may add to the headwinds for shareholders.</p><p>Masayoshi Son vs. Charlie Munger</p><p>One of the most frequently cited arguments for buying BABA after its phenomenal &gt;50% off high dip is the fact that one of the most famous Western investors, Charlie Munger, bought and held the stock. According to the 13-F filings by his Daily Journal Corp, the 98-year-old investor began buying BABA in the first quarter of 2021 and gradually increased his position throughout 2021 (from 165,320 shares in the first quarter to 602,060 shares in the fourth quarter) until he decided to sell half of the position in the first quarter of 2022 and has not touched BABA since (which is interpreted by some as a bullish sign).</p><p>In my subjective opinion, a 50% reduction of BABA&#39;s position in Daily Journal Corp. in the first quarter is already a sign of Mr. Munger&#39;s capitulation, as this act is not typical of his position in BofA (BAC) or Wells Fargo (WFC) - compare the position size as of the last reporting date [link above] with the portfolio at the end of 2013 to see for yourself.</p><p>Concerning the unchanged amount of BABA shares in the last reporting quarter, it should be noted that other positions have also remained unchanged - Munger has simply decided not to buy or sell anything. The great investor of the 20th century will likely continue to get rid of his position in Alibaba stock, in my view, if the risks in China escalate. Remember what he said about Russian stocks many years ago (emphasis added):</p><blockquote>When asked about Russia, Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway (BRK.A) (BRK.B), harrumphed: &#34;<i>We don’t invest in kleptocracies.</i>&#34; One investor famously declared after the market’s meltdown in 1998: &#34;I’d rather eat nuclear waste than invest in Russia.&#34;</blockquote><blockquote>[Source]</blockquote><p>If you have been buying BABA solely on Munger&#39;s moves, then I must warn you: if you look at the performance of his Daily Journal Corp [based on Fintel data from 13-Fs], he has not been able to boast of excessive returns for many years:</p><p><img src=\"https://static.tigerbbs.com/f172b8f0ac1e4673cf5741f21754470d\" tg-width=\"640\" tg-height=\"420\" referrerpolicy=\"no-referrer\"/><b>Important note:</b>the reported value (RV) above should not be used as a substitute for Assets Under Management (AUM), as it does not include cash held in accounts.However, RV depletion is also an important criterion to consider.</p><p>I think the risks of investing in the Chinese market are becoming more evident every year. While the country&#39;s GDP grew 6-10% annually from the early 1990s until the pandemic began, these risks were ignored by many Western investors. We saw it even more positively when the Chinese GDP began to recover sharply after the 2020 lockdowns. Now, however, the prospects for similar growth rates are vague, as the real estate market, which has largely allowed China to report huge GDP growth rates in the past, is highly leveraged and in crisis, and the country&#39;s overall population is likely to start shrinking due to the low birth rate (which largely precludes the growth of the economy extensively).</p><blockquote>As recently as 2019 the China Academy of Social Sciences expected the population to peak in 2029, at 1.44 billion. The 2019 United Nations Population Prospects report expected the peak later still, in 2031-32, at 1.46 billion.</blockquote><blockquote>The Shanghai Academy of Social Sciences team predicts an annual average decline of 1.1% after 2021, pushing China&#39;s population down to 587 million in 2100, less than half of what it is today.</blockquote><blockquote>[Source]</blockquote><p>The accumulated problems of the Chinese regime drive Xi to continue trying to expand his sole power, because at first glance it seems more reliable to keep everything in one hand. Given the level of corruption in the country, we are dealing with a kleptocratic state - the reason why Munger avoided investing in Russia after 1998.</p><p>Aside from Masayoshi Son being forced to sell his shares in Alibaba, I think Softbank would have dumped its high stake in the company anyway, feeling the pressure from the Communist Party.</p><p>Exactly one year ago, Nikkei Asia published an article citing Son as to how he sees the pressure on China&#39;s tech sector.</p><blockquote>&#34;I strongly believe that China&#39;s AI technology and business model will continue to innovate,&#34; Son said in a news conference. &#34;However, in investment activities, various new regulations have begun, so I want to wait and see what kind of regulations are implemented and what kind of impact they have on the stock market.&#34;</blockquote><blockquote>[Source]</blockquote><p>A year later, he waited, looked around, and decided to reduce his stake in Alibaba from 23.7% to 14.6%.</p><p>This is a smart move that is not about flooding the market with shares all at once - under the terms of the forward contract, Mr. Son will have the right to buy back his BABA shares. However, it is unlikely that he will do so - in any case, we have not seen this happen since 2016. So, in the coming months, there will be a greater supply of Alibaba shares on the market, which will put additional pressure on prices against the backdrop of geopolitical and macroeconomic risks specific to China.</p><p>The company&#39;s financial profile doesn&#39;t help</p><p>The low multiples that made BABA&#39;s stock seem undervalued compared to U.S. tech giants have gotten even lower over the past six months - in line with the stock price:</p><p><img src=\"https://static.tigerbbs.com/a100fa0a41ade258d26db19f27c2313b\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/>However, it turned out that this underestimation was evidence of the value trap - the slowdown in economic growth and regulatory problems were making themselves felt. Margins continued their downward trend, and the ratio of EBITDA to sales did not return to the level seen before COVID.</p><p><img src=\"https://static.tigerbbs.com/ceb0944814657934f262b18db7db4ec2\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\"/>Sales and earnings growth did not improve as investors expected, so the denominators for most valuation metrics became smaller than the numerators - Seeking Alpha&#39;s factor grade system changed the valuation metric in a negative direction for the company:</p><p>Readers will rightly wonder why the &#34;Profitability&#34; criterion is still rated &#34;A+&#34; against a backdrop of declining business margins and less than stellar ROE / ROA / ROIC indicators. The answer to this question lies in the elements of this criterion - the company&#39;s cash flow from operations (CFO) is the only reason for this superiority over the rest of the sector:</p><p><img src=\"https://static.tigerbbs.com/9f0ad942e9b19cfbee3de08d1b1b2009\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p><img src=\"https://static.tigerbbs.com/98d0b575ede1cd3f09a1e124dd313777\" tg-width=\"360\" tg-height=\"300\" referrerpolicy=\"no-referrer\"/>Indeed, in the Internet and direct marketing retail industry, of which Alibaba is a part, only 58.62% of companies have a positive CFO. Such companies have a CFO to TTM ratio of 7% (median), while BABA has a similar ratio of 17%, making it a true cash cow. However, for a cash cow, the margin of safety of BABA is highly controversial in terms of DCF modeling:</p><p><img src=\"https://static.tigerbbs.com/e33ef5864117b63096db2166e004e764\" tg-width=\"594\" tg-height=\"557\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Even with a fairly optimistic discount rate (10% is low given the risks for the Chinese tech giant) and a very generous assumption of a 15% growth rate over the next 10 years (which is already not the case), there is a downside of 14%, even when adding the tangible book value to the final share price.</p><p>Of course, I could be wrong and the listing of BABA&#39;s shares on the Hong Kong Stock Exchange will create additional demand from investors in mainland China, but it&#39;s not entirely clear what U.S. investors with their ADRs will actually get out of it.</p><p>From this, I conclude that investors shouldn&#39;t be fooled by Alibaba&#39;s &#34;low multiples&#34; but to take a broader look at this company and consider all the risks involved. Then, the desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.</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 Stock: Follow Masayoshi Son, Not Charlie Munger</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 Stock: Follow Masayoshi Son, Not Charlie Munger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-14 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank's CEO, Masayoshi Son.Mr. Son has decided to reduce his stake in Alibaba from 23.7% to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in\">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/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1110057750","content_text":"SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank's CEO, Masayoshi Son.Mr. Son has decided to reduce his stake in Alibaba from 23.7% to 14.6% - in my opinion, this may create headwinds for BABA in the medium term.Investors shouldn't be fooled by Alibaba's \"low multiples\" but to take a broader look at this company and consider all the risks involved.Based on a fairly optimistic DCF model, there is a downside of 14% for Alibaba stock.The desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.Introduction & ThesisOn March 24, 2020, Bloomberg wrote about Softbank CEO Masayoshi Son's plans to sell $14 billion worth of Alibaba shares (NYSE:BABA) to shore up the bank's businesses, which had been battered by the coronavirus pandemic. This was not the first news of attempts by Masayoshi Son, who was one of the first investors in BABA in 2000, to get rid of the company's shares - according to a press release from the bank, derivative tradeshave been made since 2016. However, $14 billion in 2020 was quite a large amount, and in the medium term, BABA shares began to correct more than the main benchmarks:Now we see that Softbank faced the problem of deflating the bubble in high-growth companies after the Corona crisis, and will now further reduce its stake in Alibaba stock (from the current 23.7% to 14.6% after settling $34 billion in prepaid forward contracts).As from the very beginning of my coverage of Alibaba stock here on Seeking Alpha, I still believe that investors should not follow on the heels of Charlie Munger - there are too many risks in buying this stock, both geopolitical (U.S.-China tensions, Taiwan) and economic (China's GDP growth slowdown and housing crisis). The pressure on BABA's quotes is likely to continue due to these two factors, and Softbank's sale of forward contracts for such a large amount may add to the headwinds for shareholders.Masayoshi Son vs. Charlie MungerOne of the most frequently cited arguments for buying BABA after its phenomenal >50% off high dip is the fact that one of the most famous Western investors, Charlie Munger, bought and held the stock. According to the 13-F filings by his Daily Journal Corp, the 98-year-old investor began buying BABA in the first quarter of 2021 and gradually increased his position throughout 2021 (from 165,320 shares in the first quarter to 602,060 shares in the fourth quarter) until he decided to sell half of the position in the first quarter of 2022 and has not touched BABA since (which is interpreted by some as a bullish sign).In my subjective opinion, a 50% reduction of BABA's position in Daily Journal Corp. in the first quarter is already a sign of Mr. Munger's capitulation, as this act is not typical of his position in BofA (BAC) or Wells Fargo (WFC) - compare the position size as of the last reporting date [link above] with the portfolio at the end of 2013 to see for yourself.Concerning the unchanged amount of BABA shares in the last reporting quarter, it should be noted that other positions have also remained unchanged - Munger has simply decided not to buy or sell anything. The great investor of the 20th century will likely continue to get rid of his position in Alibaba stock, in my view, if the risks in China escalate. Remember what he said about Russian stocks many years ago (emphasis added):When asked about Russia, Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway (BRK.A) (BRK.B), harrumphed: \"We don’t invest in kleptocracies.\" One investor famously declared after the market’s meltdown in 1998: \"I’d rather eat nuclear waste than invest in Russia.\"[Source]If you have been buying BABA solely on Munger's moves, then I must warn you: if you look at the performance of his Daily Journal Corp [based on Fintel data from 13-Fs], he has not been able to boast of excessive returns for many years:Important note:the reported value (RV) above should not be used as a substitute for Assets Under Management (AUM), as it does not include cash held in accounts.However, RV depletion is also an important criterion to consider.I think the risks of investing in the Chinese market are becoming more evident every year. While the country's GDP grew 6-10% annually from the early 1990s until the pandemic began, these risks were ignored by many Western investors. We saw it even more positively when the Chinese GDP began to recover sharply after the 2020 lockdowns. Now, however, the prospects for similar growth rates are vague, as the real estate market, which has largely allowed China to report huge GDP growth rates in the past, is highly leveraged and in crisis, and the country's overall population is likely to start shrinking due to the low birth rate (which largely precludes the growth of the economy extensively).As recently as 2019 the China Academy of Social Sciences expected the population to peak in 2029, at 1.44 billion. The 2019 United Nations Population Prospects report expected the peak later still, in 2031-32, at 1.46 billion.The Shanghai Academy of Social Sciences team predicts an annual average decline of 1.1% after 2021, pushing China's population down to 587 million in 2100, less than half of what it is today.[Source]The accumulated problems of the Chinese regime drive Xi to continue trying to expand his sole power, because at first glance it seems more reliable to keep everything in one hand. Given the level of corruption in the country, we are dealing with a kleptocratic state - the reason why Munger avoided investing in Russia after 1998.Aside from Masayoshi Son being forced to sell his shares in Alibaba, I think Softbank would have dumped its high stake in the company anyway, feeling the pressure from the Communist Party.Exactly one year ago, Nikkei Asia published an article citing Son as to how he sees the pressure on China's tech sector.\"I strongly believe that China's AI technology and business model will continue to innovate,\" Son said in a news conference. \"However, in investment activities, various new regulations have begun, so I want to wait and see what kind of regulations are implemented and what kind of impact they have on the stock market.\"[Source]A year later, he waited, looked around, and decided to reduce his stake in Alibaba from 23.7% to 14.6%.This is a smart move that is not about flooding the market with shares all at once - under the terms of the forward contract, Mr. Son will have the right to buy back his BABA shares. However, it is unlikely that he will do so - in any case, we have not seen this happen since 2016. So, in the coming months, there will be a greater supply of Alibaba shares on the market, which will put additional pressure on prices against the backdrop of geopolitical and macroeconomic risks specific to China.The company's financial profile doesn't helpThe low multiples that made BABA's stock seem undervalued compared to U.S. tech giants have gotten even lower over the past six months - in line with the stock price:However, it turned out that this underestimation was evidence of the value trap - the slowdown in economic growth and regulatory problems were making themselves felt. Margins continued their downward trend, and the ratio of EBITDA to sales did not return to the level seen before COVID.Sales and earnings growth did not improve as investors expected, so the denominators for most valuation metrics became smaller than the numerators - Seeking Alpha's factor grade system changed the valuation metric in a negative direction for the company:Readers will rightly wonder why the \"Profitability\" criterion is still rated \"A+\" against a backdrop of declining business margins and less than stellar ROE / ROA / ROIC indicators. The answer to this question lies in the elements of this criterion - the company's cash flow from operations (CFO) is the only reason for this superiority over the rest of the sector:Indeed, in the Internet and direct marketing retail industry, of which Alibaba is a part, only 58.62% of companies have a positive CFO. Such companies have a CFO to TTM ratio of 7% (median), while BABA has a similar ratio of 17%, making it a true cash cow. However, for a cash cow, the margin of safety of BABA is highly controversial in terms of DCF modeling:Even with a fairly optimistic discount rate (10% is low given the risks for the Chinese tech giant) and a very generous assumption of a 15% growth rate over the next 10 years (which is already not the case), there is a downside of 14%, even when adding the tangible book value to the final share price.Of course, I could be wrong and the listing of BABA's shares on the Hong Kong Stock Exchange will create additional demand from investors in mainland China, but it's not entirely clear what U.S. investors with their ADRs will actually get out of it.From this, I conclude that investors shouldn't be fooled by Alibaba's \"low multiples\" but to take a broader look at this company and consider all the risks involved. Then, the desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.","news_type":1},"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917720093,"gmtCreate":1665590082712,"gmtModify":1676537632866,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":20,"repostSize":0,"link":"https://ttm.financial/post/9917720093","repostId":"2274583523","repostType":4,"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915258654,"gmtCreate":1665055670579,"gmtModify":1676537550082,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":22,"repostSize":0,"link":"https://ttm.financial/post/9915258654","repostId":"2273387298","repostType":4,"repost":{"id":"2273387298","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1665045975,"share":"https://ttm.financial/m/news/2273387298?lang=&edition=fundamental","pubTime":"2022-10-06 16:46","market":"us","language":"en","title":"Pinterest, Ford, Shell, Costco And More: U.S. Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2273387298","media":"Benzinga","summary":"With US stock futures trading slightly lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:","content":"<html><head></head><body><p>With US stock futures trading slightly lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:</p><ul><li>Goldman Sachs analyst Eric Sheridan upgraded <b>Pinterest </b>(NYSE:PINS) to Buy from Neutral with a price target of $31, up from $24. Pinterest shares rose 3.7% to $25.55 in aftermarket trading Thursday.</li></ul><ul><li><b>Shell</b> (NYSE:SHEL) said on Thursday its third-quarter profits would be pressured by a near halving of oil refining margins, crumbling chemical margins and weaker natural gas trading. Shell shares slid 4.4% to $51.64 in premarket trading Thursday.</li></ul><ul><li><b>Costco Wholesale Corporation</b> (NASDAQ:COST) reported an 8.5% year-over-year surge in comparable sales for September. Its net sales for the retail month of September, the five weeks ended October 2, 2022, jumped 10.1% year-over-year to $21.46 billion during the month. Costco shares rose 0.1% to $480.80 in the pre-market trading Thursday.</li></ul><ul><li><b>Ford Motor Company</b> (NYSE:F) is reportedly raising the price of its electric truck F-150 Lightning Pro for its 2023 model by close to 11%, in a bid to soften the hit from ongoing supply chain snags and decades-high inflation, Reuters reported. Ford shares fell 0.7% to $12.42 in pre-market trading Thursday.</li></ul><ul><li>Wall Street expects <b>Constellation Brands, Inc.</b> (NYSE:STZ) to report quarterly earnings at $2.81 per share on revenue of $2.51 billion before the opening bell. Constellation Brands shares rose 1.1% to $238.45 in after-hours trading Wednesday.</li></ul><ul><li>Analysts are expecting <b>Conagra Brands, Inc.</b> (NYSE:CAG) to have earned $0.52 per share on revenue of $2.85 billion for the latest quarter. The company will release earnings before the markets open. Conagra shares gained 0.3% to $33.90 in after-hours trading Wednesday.</li></ul><ul><li>Analysts expect <b>McCormick &amp; Company, Incorporated</b> (NYSE:MKC) to post quarterly earnings at $0.94 per share on revenue of $1.78 billion before the opening bell. McCormick shares fell 1.1% to $72.50 in after-hours trading Wednesday.</li></ul></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>Pinterest, Ford, Shell, Costco And More: U.S. Stocks To Watch</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\">\nPinterest, Ford, Shell, Costco And More: U.S. Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-10-06 16:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>With US stock futures trading slightly lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:</p><ul><li>Goldman Sachs analyst Eric Sheridan upgraded <b>Pinterest </b>(NYSE:PINS) to Buy from Neutral with a price target of $31, up from $24. Pinterest shares rose 3.7% to $25.55 in aftermarket trading Thursday.</li></ul><ul><li><b>Shell</b> (NYSE:SHEL) said on Thursday its third-quarter profits would be pressured by a near halving of oil refining margins, crumbling chemical margins and weaker natural gas trading. Shell shares slid 4.4% to $51.64 in premarket trading Thursday.</li></ul><ul><li><b>Costco Wholesale Corporation</b> (NASDAQ:COST) reported an 8.5% year-over-year surge in comparable sales for September. Its net sales for the retail month of September, the five weeks ended October 2, 2022, jumped 10.1% year-over-year to $21.46 billion during the month. Costco shares rose 0.1% to $480.80 in the pre-market trading Thursday.</li></ul><ul><li><b>Ford Motor Company</b> (NYSE:F) is reportedly raising the price of its electric truck F-150 Lightning Pro for its 2023 model by close to 11%, in a bid to soften the hit from ongoing supply chain snags and decades-high inflation, Reuters reported. Ford shares fell 0.7% to $12.42 in pre-market trading Thursday.</li></ul><ul><li>Wall Street expects <b>Constellation Brands, Inc.</b> (NYSE:STZ) to report quarterly earnings at $2.81 per share on revenue of $2.51 billion before the opening bell. Constellation Brands shares rose 1.1% to $238.45 in after-hours trading Wednesday.</li></ul><ul><li>Analysts are expecting <b>Conagra Brands, Inc.</b> (NYSE:CAG) to have earned $0.52 per share on revenue of $2.85 billion for the latest quarter. The company will release earnings before the markets open. Conagra shares gained 0.3% to $33.90 in after-hours trading Wednesday.</li></ul><ul><li>Analysts expect <b>McCormick &amp; Company, Incorporated</b> (NYSE:MKC) to post quarterly earnings at $0.94 per share on revenue of $1.78 billion before the opening bell. McCormick shares fell 1.1% to $72.50 in after-hours trading Wednesday.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.","STZ":"星座品牌","MKC":"味好美","COST":"好市多","CAG":"康尼格拉","F":"福特汽车","SHEL":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273387298","content_text":"With US stock futures trading slightly lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:Goldman Sachs analyst Eric Sheridan upgraded Pinterest (NYSE:PINS) to Buy from Neutral with a price target of $31, up from $24. Pinterest shares rose 3.7% to $25.55 in aftermarket trading Thursday.Shell (NYSE:SHEL) said on Thursday its third-quarter profits would be pressured by a near halving of oil refining margins, crumbling chemical margins and weaker natural gas trading. Shell shares slid 4.4% to $51.64 in premarket trading Thursday.Costco Wholesale Corporation (NASDAQ:COST) reported an 8.5% year-over-year surge in comparable sales for September. Its net sales for the retail month of September, the five weeks ended October 2, 2022, jumped 10.1% year-over-year to $21.46 billion during the month. Costco shares rose 0.1% to $480.80 in the pre-market trading Thursday.Ford Motor Company (NYSE:F) is reportedly raising the price of its electric truck F-150 Lightning Pro for its 2023 model by close to 11%, in a bid to soften the hit from ongoing supply chain snags and decades-high inflation, Reuters reported. Ford shares fell 0.7% to $12.42 in pre-market trading Thursday.Wall Street expects Constellation Brands, Inc. (NYSE:STZ) to report quarterly earnings at $2.81 per share on revenue of $2.51 billion before the opening bell. Constellation Brands shares rose 1.1% to $238.45 in after-hours trading Wednesday.Analysts are expecting Conagra Brands, Inc. (NYSE:CAG) to have earned $0.52 per share on revenue of $2.85 billion for the latest quarter. The company will release earnings before the markets open. Conagra shares gained 0.3% to $33.90 in after-hours trading Wednesday.Analysts expect McCormick & Company, Incorporated (NYSE:MKC) to post quarterly earnings at $0.94 per share on revenue of $1.78 billion before the opening bell. McCormick shares fell 1.1% to $72.50 in after-hours trading Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937424396,"gmtCreate":1663486435516,"gmtModify":1676537278263,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":22,"repostSize":0,"link":"https://ttm.financial/post/9937424396","repostId":"2268672370","repostType":4,"repost":{"id":"2268672370","kind":"highlight","pubTimestamp":1663460267,"share":"https://ttm.financial/m/news/2268672370?lang=&edition=fundamental","pubTime":"2022-09-18 08:17","market":"us","language":"en","title":"Can the Fed Tame Inflation Without Further Crushing the Stock Market? What Investors Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2268672370","media":"MarketWatch","summary":"Investors should brace for more volatility with policy makers expected to deliver another jumbo rate","content":"<html><head></head><body><p>Investors should brace for more volatility with policy makers expected to deliver another jumbo rate hike</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b4166c0ac7b0bdf7caa1837ef618a67\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"/><span>Fed Chair Jerome Powell says bringing down inflation will cause pain for households and businesses.</span></p><p>The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said.</p><p>“I don’t think they’re necessarily trying to drive inflation down by destroying stock prices or bond prices, but it is having that effect.” said Tim Courtney, chief investment officer at Exencial Wealth Advisors, in an interview.</p><p>U.S. stocks fell sharply in the past week after hopes for a pronounced cooling in inflation were dashed by a hotter-than-expected August inflation reading. The data cemented expectations among fed-funds futures traders for a rate hike of at least 75 basis points when the Fed concludes its policy meeting on Sept. 21, with some traders and analysts looking for an increase of 100 basis points, or a full percentage point.</p><p>The Dow Jones Industrial Average logged a 4.1% weekly fall, while the S&amp;P 500 dropped 4.8% and the Nasdaq Composite suffered a 5.5% decline. The S&amp;P 500 ended Friday below the 3,900 level viewed as an important area of technical support, with some chart watchers eyeing the potential for a test of the large-cap benchmark’s 2022 low at 3,666.77 set on June 16.</p><p>A profit warning from global shipping giant and economic bellwether FedEx Corp. further stoked recession fears, contributing to stock-market losses on Friday.</p><p>Treasurys also fell, with yield on the 2-year Treasury note soaring to a nearly 15-year high above 3.85% on expectations the Fed will continue pushing rates higher in coming months. Yields rise as prices fall.</p><p>Investors are operating in an environment where the central bank’s need to rein in stubborn inflation is widely seen having eliminated the notion of a figurative “Fed put” on the stock market.</p><p>The concept of a Fed put has been around since at least the October 1987 stock-market crash prompted the Alan Greenspan-led central bank to lower interest rates. An actual put option is a financial derivative that gives the holder the right but not the obligation to sell the underlying asset at a set level, known as the strike price, serving as an insurance policy against a market decline.</p><p>Some economists and analysts have even suggested the Fed should welcome or even aim for market losses, which could serve to tighten financial conditions as investors scale back spending.</p><p>William Dudley, the former president of the New York Fed, argued earlier this year that the central bank won’t get a handle on inflation that’s running near a 40-year high unless they make investors suffer. “It’s hard to know how much the Federal Reserve will need to do to get inflation under control,” wrote Dudley in a Bloomberg column in April. “But one thing is certain: to be effective, it’ll have to inflict more losses on stock and bond investors than it has so far.”</p><p>Some market participants aren’t convinced. Aoifinn Devitt, chief investment officer at Moneta,said the Fed likely sees stock-market volatility as a byproduct of its efforts to tighten monetary policy, not an objective.</p><p>“They recognize that stocks can be collateral damage in a tightening cycle,” but that doesn’t mean that stocks “have to collapse,” Devitt said.</p><p>The Fed, however, is prepared to tolerate seeing markets decline and the economy slow and even tip into recession as it focuses on taming inflation, she said.</p><p>The Federal Reserve held the fed funds target rate at a range of 0% to 0.25% between 2008 and 2015, as it dealt with the financial crisis and its aftermath. The Fed also cut rates to near zero again in March 2020 in response to the COVID-19 pandemic. With a rock-bottom interest rate, the Dow skyrocketed over 40%, while the large-cap index S&amp;P 500 jumped over 60% between March 2020 and December 2021, according to Dow Jones Market Data.</p><p>Investors got used to “the tailwind for over a decade with falling interest rates” while looking for the Fed to step in with its “put” should the going get rocky, said Courtney at Exencial Wealth Advisors.</p><p>“I think (now) the Fed message is ‘you’re not gonna get this tailwind anymore’,” Courtney told MarketWatch on Thursday. “I think markets can grow, but they’re gonna have to grow on their own because the markets are like a greenhouse where the temperatures have to be kept at a certain level all day and all night, and I think that’s the message that markets can and should grow on their own without the greenhouse effect.”</p><p>Meanwhile, the Fed’s aggressive stance means investors should be prepared for what may be a “few more daily stabs downward” that could eventually prove to be a “final big flush,” said Liz Young, head of investment strategy at SoFi, in a Thursday note.</p><p>“This may sound odd, but if that happens swiftly, meaning within the next couple months, that actually becomes the bull case in my view,” she said. “It could be a quick and painful drop, resulting in a renewed move higher later in the year that’s more durable, as inflation falls more notably.”</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>Can the Fed Tame Inflation Without Further Crushing the Stock Market? What Investors Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan the Fed Tame Inflation Without Further Crushing the Stock Market? What Investors Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-18 08:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/the-fed-isnt-trying-to-wreck-the-stock-market-as-it-wrestles-with-inflation-but-it-isnt-going-to-ride-to-the-rescue-11663366540?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should brace for more volatility with policy makers expected to deliver another jumbo rate hikeFed Chair Jerome Powell says bringing down inflation will cause pain for households and ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-fed-isnt-trying-to-wreck-the-stock-market-as-it-wrestles-with-inflation-but-it-isnt-going-to-ride-to-the-rescue-11663366540?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/the-fed-isnt-trying-to-wreck-the-stock-market-as-it-wrestles-with-inflation-but-it-isnt-going-to-ride-to-the-rescue-11663366540?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268672370","content_text":"Investors should brace for more volatility with policy makers expected to deliver another jumbo rate hikeFed Chair Jerome Powell says bringing down inflation will cause pain for households and businesses.The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said.“I don’t think they’re necessarily trying to drive inflation down by destroying stock prices or bond prices, but it is having that effect.” said Tim Courtney, chief investment officer at Exencial Wealth Advisors, in an interview.U.S. stocks fell sharply in the past week after hopes for a pronounced cooling in inflation were dashed by a hotter-than-expected August inflation reading. The data cemented expectations among fed-funds futures traders for a rate hike of at least 75 basis points when the Fed concludes its policy meeting on Sept. 21, with some traders and analysts looking for an increase of 100 basis points, or a full percentage point.The Dow Jones Industrial Average logged a 4.1% weekly fall, while the S&P 500 dropped 4.8% and the Nasdaq Composite suffered a 5.5% decline. The S&P 500 ended Friday below the 3,900 level viewed as an important area of technical support, with some chart watchers eyeing the potential for a test of the large-cap benchmark’s 2022 low at 3,666.77 set on June 16.A profit warning from global shipping giant and economic bellwether FedEx Corp. further stoked recession fears, contributing to stock-market losses on Friday.Treasurys also fell, with yield on the 2-year Treasury note soaring to a nearly 15-year high above 3.85% on expectations the Fed will continue pushing rates higher in coming months. Yields rise as prices fall.Investors are operating in an environment where the central bank’s need to rein in stubborn inflation is widely seen having eliminated the notion of a figurative “Fed put” on the stock market.The concept of a Fed put has been around since at least the October 1987 stock-market crash prompted the Alan Greenspan-led central bank to lower interest rates. An actual put option is a financial derivative that gives the holder the right but not the obligation to sell the underlying asset at a set level, known as the strike price, serving as an insurance policy against a market decline.Some economists and analysts have even suggested the Fed should welcome or even aim for market losses, which could serve to tighten financial conditions as investors scale back spending.William Dudley, the former president of the New York Fed, argued earlier this year that the central bank won’t get a handle on inflation that’s running near a 40-year high unless they make investors suffer. “It’s hard to know how much the Federal Reserve will need to do to get inflation under control,” wrote Dudley in a Bloomberg column in April. “But one thing is certain: to be effective, it’ll have to inflict more losses on stock and bond investors than it has so far.”Some market participants aren’t convinced. Aoifinn Devitt, chief investment officer at Moneta,said the Fed likely sees stock-market volatility as a byproduct of its efforts to tighten monetary policy, not an objective.“They recognize that stocks can be collateral damage in a tightening cycle,” but that doesn’t mean that stocks “have to collapse,” Devitt said.The Fed, however, is prepared to tolerate seeing markets decline and the economy slow and even tip into recession as it focuses on taming inflation, she said.The Federal Reserve held the fed funds target rate at a range of 0% to 0.25% between 2008 and 2015, as it dealt with the financial crisis and its aftermath. The Fed also cut rates to near zero again in March 2020 in response to the COVID-19 pandemic. With a rock-bottom interest rate, the Dow skyrocketed over 40%, while the large-cap index S&P 500 jumped over 60% between March 2020 and December 2021, according to Dow Jones Market Data.Investors got used to “the tailwind for over a decade with falling interest rates” while looking for the Fed to step in with its “put” should the going get rocky, said Courtney at Exencial Wealth Advisors.“I think (now) the Fed message is ‘you’re not gonna get this tailwind anymore’,” Courtney told MarketWatch on Thursday. “I think markets can grow, but they’re gonna have to grow on their own because the markets are like a greenhouse where the temperatures have to be kept at a certain level all day and all night, and I think that’s the message that markets can and should grow on their own without the greenhouse effect.”Meanwhile, the Fed’s aggressive stance means investors should be prepared for what may be a “few more daily stabs downward” that could eventually prove to be a “final big flush,” said Liz Young, head of investment strategy at SoFi, in a Thursday note.“This may sound odd, but if that happens swiftly, meaning within the next couple months, that actually becomes the bull case in my view,” she said. “It could be a quick and painful drop, resulting in a renewed move higher later in the year that’s more durable, as inflation falls more notably.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076317035,"gmtCreate":1657792118527,"gmtModify":1676536062546,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076317035","repostId":"2251140631","repostType":4,"repost":{"id":"2251140631","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1657790059,"share":"https://ttm.financial/m/news/2251140631?lang=&edition=fundamental","pubTime":"2022-07-14 17:14","market":"us","language":"en","title":"JPMorgan, Morgan Stanley, Tesla, TSMC And More: U.S. Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2251140631","media":"Benzinga","summary":"With the US stock futures trading lower this morning on Tuesday ahead of earnings from big banks, some of the stocks that may grab investor focus today are as follows:","content":"<html><head></head><body><p>With the US stock futures trading lower this morning on Tuesday ahead of earnings from big banks, some of the stocks that may grab investor focus today are as follows:</p><ul><li>Wall Street expects <b>Morgan Stanley</b> (NYSE:MS) to report quarterly earnings at $1.55 per share on revenue of $279.73 billion before the opening bell. Morgan Stanley shares fell 0.6% to $74.50 in premarket trading Thursday.</li><li>Analysts are expecting <b>JPMorgan Chase &amp; Co.</b> (NYSE:JPM) to have earned $2.91 per share on revenue of $31.95 billion for the latest quarter. The company will release earnings before the markets open. JPMorgan shares fell 0.3% to $111.56 in premarket trading Thursday.</li></ul><ul><li><a href=\"https://ttm.financial/NW/2251197273\" target=\"_blank\">America’s first leveraged single-stock ETFs will debut Thursday</a>. AXS Investments is launching eight exchange-traded funds that allow investors to make inverse or leveraged bets on single companies such as <b>Tesla</b> <b>Inc</b>. (NASDAQ:TSLA), Nvidia Corp. and PayPal Holdings Inc. Tesla shares fell 1.1% to $703.27 in premarket trading Thursday.</li></ul><ul><li>Taiwanese chip maker <b>TSMC</b> (NYSE:TSM) posted a 76.4% rise in second-quarter net profit on Thursday on sustained demand for semiconductors amid a continued global shortage.  TSMC shares gained 2.3% to $83.12 in premarket trading Thursday.</li></ul><ul><li>The U.S. Food and Drug Administration granted emergency use authorization to <b>Novavax, Inc’s</b> (NASDAQ:NVAX) lead candidate Adjuvanted (NVX-CoV2373) COVID-19 Vaccine for individuals 18 years of age and over. Novavax shares fell 1.5% to $68.93 in premarket trading Thursday.</li></ul><ul><li><b>Azenta, Inc.</b> (NASDAQ:AZTA) said it sees preliminary adjusted earnings of $0.08 to $0.12 per share on sales of $133 million for the third quarter. Azenta shares dipped 9.6% to $67.05 in the after-hours trading Wednesday.</li></ul><ul><li>Analysts expect <b>Conagra Brands, Inc.</b> (NYSE:CAG) to report quarterly earnings at $0.63 per share on revenue of $2.93 billion before the opening bell. Conagra shares fell 0.4% to $35.60 in after-hours trading Wednesday.</li></ul></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>JPMorgan, Morgan Stanley, Tesla, TSMC And More: U.S. Stocks To Watch</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, Morgan Stanley, Tesla, TSMC And More: U.S. Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-07-14 17:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>With the US stock futures trading lower this morning on Tuesday ahead of earnings from big banks, some of the stocks that may grab investor focus today are as follows:</p><ul><li>Wall Street expects <b>Morgan Stanley</b> (NYSE:MS) to report quarterly earnings at $1.55 per share on revenue of $279.73 billion before the opening bell. Morgan Stanley shares fell 0.6% to $74.50 in premarket trading Thursday.</li><li>Analysts are expecting <b>JPMorgan Chase &amp; Co.</b> (NYSE:JPM) to have earned $2.91 per share on revenue of $31.95 billion for the latest quarter. The company will release earnings before the markets open. JPMorgan shares fell 0.3% to $111.56 in premarket trading Thursday.</li></ul><ul><li><a href=\"https://ttm.financial/NW/2251197273\" target=\"_blank\">America’s first leveraged single-stock ETFs will debut Thursday</a>. AXS Investments is launching eight exchange-traded funds that allow investors to make inverse or leveraged bets on single companies such as <b>Tesla</b> <b>Inc</b>. (NASDAQ:TSLA), Nvidia Corp. and PayPal Holdings Inc. Tesla shares fell 1.1% to $703.27 in premarket trading Thursday.</li></ul><ul><li>Taiwanese chip maker <b>TSMC</b> (NYSE:TSM) posted a 76.4% rise in second-quarter net profit on Thursday on sustained demand for semiconductors amid a continued global shortage.  TSMC shares gained 2.3% to $83.12 in premarket trading Thursday.</li></ul><ul><li>The U.S. Food and Drug Administration granted emergency use authorization to <b>Novavax, Inc’s</b> (NASDAQ:NVAX) lead candidate Adjuvanted (NVX-CoV2373) COVID-19 Vaccine for individuals 18 years of age and over. Novavax shares fell 1.5% to $68.93 in premarket trading Thursday.</li></ul><ul><li><b>Azenta, Inc.</b> (NASDAQ:AZTA) said it sees preliminary adjusted earnings of $0.08 to $0.12 per share on sales of $133 million for the third quarter. Azenta shares dipped 9.6% to $67.05 in the after-hours trading Wednesday.</li></ul><ul><li>Analysts expect <b>Conagra Brands, Inc.</b> (NYSE:CAG) to report quarterly earnings at $0.63 per share on revenue of $2.93 billion before the opening bell. Conagra shares fell 0.4% to $35.60 in after-hours trading Wednesday.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AZTA":"Azenta","NVAX":"诺瓦瓦克斯医药","TSLA":"特斯拉","JPM":"摩根大通","TSM":"台积电","MS":"摩根士丹利","CAG":"康尼格拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251140631","content_text":"With the US stock futures trading lower this morning on Tuesday ahead of earnings from big banks, some of the stocks that may grab investor focus today are as follows:Wall Street expects Morgan Stanley (NYSE:MS) to report quarterly earnings at $1.55 per share on revenue of $279.73 billion before the opening bell. Morgan Stanley shares fell 0.6% to $74.50 in premarket trading Thursday.Analysts are expecting JPMorgan Chase & Co. (NYSE:JPM) to have earned $2.91 per share on revenue of $31.95 billion for the latest quarter. The company will release earnings before the markets open. JPMorgan shares fell 0.3% to $111.56 in premarket trading Thursday.America’s first leveraged single-stock ETFs will debut Thursday. AXS Investments is launching eight exchange-traded funds that allow investors to make inverse or leveraged bets on single companies such as Tesla Inc. (NASDAQ:TSLA), Nvidia Corp. and PayPal Holdings Inc. Tesla shares fell 1.1% to $703.27 in premarket trading Thursday.Taiwanese chip maker TSMC (NYSE:TSM) posted a 76.4% rise in second-quarter net profit on Thursday on sustained demand for semiconductors amid a continued global shortage.  TSMC shares gained 2.3% to $83.12 in premarket trading Thursday.The U.S. Food and Drug Administration granted emergency use authorization to Novavax, Inc’s (NASDAQ:NVAX) lead candidate Adjuvanted (NVX-CoV2373) COVID-19 Vaccine for individuals 18 years of age and over. Novavax shares fell 1.5% to $68.93 in premarket trading Thursday.Azenta, Inc. (NASDAQ:AZTA) said it sees preliminary adjusted earnings of $0.08 to $0.12 per share on sales of $133 million for the third quarter. Azenta shares dipped 9.6% to $67.05 in the after-hours trading Wednesday.Analysts expect Conagra Brands, Inc. (NYSE:CAG) to report quarterly earnings at $0.63 per share on revenue of $2.93 billion before the opening bell. Conagra shares fell 0.4% to $35.60 in after-hours trading Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048573698,"gmtCreate":1656231898414,"gmtModify":1676535789941,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048573698","repostId":"2245277964","repostType":4,"repost":{"id":"2245277964","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1656220969,"share":"https://ttm.financial/m/news/2245277964?lang=&edition=fundamental","pubTime":"2022-06-26 13:22","market":"us","language":"en","title":"These 16 Stocks Could Show “Fundamental Resiliency” in Tough Times","url":"https://stock-news.laohu8.com/highlight/detail?id=2245277964","media":"Dow Jones","summary":"Amid a more precarious economic backdrop, analysts at Macquarie think that stocks including Visa Inc","content":"<html><head></head><body><p>Amid a more precarious economic backdrop, analysts at Macquarie think that stocks including Visa Inc., <a href=\"https://laohu8.com/S/PLNT\">Planet Fitness Inc</a>., <a href=\"https://laohu8.com/S/TTD\">Trade Desk Inc.</a>, and lotto operator  International Game Technology PLC could demonstrate &#34;fundamental resiliency.&#34;</p><p>Within the payments universe, the Macquarie team gravitates toward <a href=\"https://laohu8.com/S/V\">Visa</a> and <a href=\"https://laohu8.com/S/MA\">Mastercard Inc.</a>, two stocks that &#34;have been holding the line through the current spike in volatility&#34; and have previously shown to be &#34;impressively resilient through recessions thanks to their scale, innovation, and structural tailwinds in digital payments.&#34;</p><p>The &#34;structural growth&#34; of the card networks could help them hold up in the face of any weakness in volumes, the analysts continued.</p><p>On Mastercard specifically, they like the company&#39;s positioning in cross-border payments, emerging markets, and newer areas such as digital identity and open banking. For Visa, they note that the company has taken &#34;proactive measures&#34; on cryptocurrency that &#34;could help close the proportional gap on developing-market exposure with rival Mastercard and position Visa to benefit from greater economic participation in weak-currency markets.&#34;</p><p>Within the leisure sector, the analysts see promise in a newer name that wasn&#39;t public at the time of the last economic downturn. Planet Fitness (PLNT) could continue to offer an attractive value proposition for consumers, they reason, by appealing to people looking to &#34;trade down&#34; from more expensive gyms, as well as appearing &#34;too cheap to cancel&#34; for current members.</p><p>&#34;Store unit economics are back to historic levels, and demand per existing location is accelerating, highlighting the runway ahead for new unit growth,&#34; they wrote. &#34;The company has plenty of both domestic and international franchising ahead in our view, and a value proposition to the consumer if macro sentiment deteriorates ($10/month base membership, $24.99/month for Black Card members).&#34;</p><p><a href=\"https://laohu8.com/S/MSGS\">Madison Square Garden Sports Corp. </a>, which manages the New York Knicks and Rangers, could be another leisure play, per the analysts.  The company &#34;has significant contracted revenue from sports media rights, and we argue the heritage of its teams, not to mention in the largest market, should drive and hold value through broader market turmoil,&#34; they said.</p><p>Software picks include <a href=\"https://laohu8.com/S/NOW\">ServiceNow Inc.</a>, Atlassian Corp. PLC <a href=\"https://laohu8.com/S/TEAM\">$(TEAM)$</a>, Instructure Holdings Inc. <a href=\"https://laohu8.com/S/INST\">$(INST)$</a>, and VMware Inc. <a href=\"https://laohu8.com/S/VMW\">$(VMW)$</a>, based on the assumption that &#34;best-of-breed software-as-a-service (&#39;SaaS&#39;) companies can provide shareholders with solid cash-flow-generative assets that are supported by sticky enterprise customer bases.&#34;</p><p>ServiceNow has a &#34;substantial global enterprise customer base&#34; that &#34;provides ample cross-sell and up-sell opportunities, which can support growth even in adverse market environments,&#34; while Atlassian has a strong self-service sales model that allows it to limit marketing spending, the analysts wrote. Admittedly, Atlassian has &#34;relatively higher exposure to small to mid-sized businesses,&#34; but the Macquarie team says the company showed at the start of the pandemic that it could withstand events that pressured smaller businesses.</p><p>As for Instructure, the analysts note that the company caters to educational customers in the higher-education and K-12 markets. &#34;We like Instructure&#39;s positioning as the market share leader in the learning management system (&#39;LMS&#39;) market for U.S. higher-education institutions, which we believe are a stable customer base similar to corporate enterprises,&#34; they wrote.</p><p>VMware holds promise &#34;because of the upcoming tailwinds from its transition to a SaaS model (vs. perpetual license), sticky customer base, and implicit put option from the recently announced acquisition by Broadcom <a href=\"https://laohu8.com/S/AVGO\">$(AVGO)$</a>,&#34; they continued.</p><p>The analysts are also betting that consumers will still play the lottery in tough times,  noting that the lottery business was &#34;resilient&#34; in the last financial crisis and at the start of the pandemic, while the businesses that operate in this industry have entrenched relationships.</p><p>&#34;In our view, the lottery industry is a remarkably stable and consistent business, displaying consistent growth through economic cycle,&#34; the analysts wrote, highlighting International Game Technology PLC <a href=\"https://laohu8.com/S/IGT\">$(IGT)$</a> and <a href=\"https://laohu8.com/S/NGMS\">NeoGames S.A.</a>.</p><p>Gaming companies could hold up, too, with the analysts calling out Penn National Gaming <a href=\"https://laohu8.com/S/PENN\">$(PENN)$</a>, MGM Resorts International <a href=\"https://laohu8.com/S/MGM\">$(MGM)$</a>, and Caesars Entertainment Inc. <a href=\"https://laohu8.com/S/CZR\">$(CZR)$</a> as favored picks.</p><p>Additionally, they see potential in ad-technology companies Applovin Corp. <a href=\"https://laohu8.com/S/APP\">$(APP)$</a>, The Trade Desk (TTD), and <a href=\"https://laohu8.com/S/IS\">IronSource Ltd.</a>, citing &#34;their relative resilience through targeted marketing, secular growth in mobile and connected TV, and low valuation.&#34;</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>These 16 Stocks Could Show “Fundamental Resiliency” in Tough Times</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\">\nThese 16 Stocks Could Show “Fundamental Resiliency” in Tough Times\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-26 13:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Amid a more precarious economic backdrop, analysts at Macquarie think that stocks including Visa Inc., <a href=\"https://laohu8.com/S/PLNT\">Planet Fitness Inc</a>., <a href=\"https://laohu8.com/S/TTD\">Trade Desk Inc.</a>, and lotto operator  International Game Technology PLC could demonstrate &#34;fundamental resiliency.&#34;</p><p>Within the payments universe, the Macquarie team gravitates toward <a href=\"https://laohu8.com/S/V\">Visa</a> and <a href=\"https://laohu8.com/S/MA\">Mastercard Inc.</a>, two stocks that &#34;have been holding the line through the current spike in volatility&#34; and have previously shown to be &#34;impressively resilient through recessions thanks to their scale, innovation, and structural tailwinds in digital payments.&#34;</p><p>The &#34;structural growth&#34; of the card networks could help them hold up in the face of any weakness in volumes, the analysts continued.</p><p>On Mastercard specifically, they like the company&#39;s positioning in cross-border payments, emerging markets, and newer areas such as digital identity and open banking. For Visa, they note that the company has taken &#34;proactive measures&#34; on cryptocurrency that &#34;could help close the proportional gap on developing-market exposure with rival Mastercard and position Visa to benefit from greater economic participation in weak-currency markets.&#34;</p><p>Within the leisure sector, the analysts see promise in a newer name that wasn&#39;t public at the time of the last economic downturn. Planet Fitness (PLNT) could continue to offer an attractive value proposition for consumers, they reason, by appealing to people looking to &#34;trade down&#34; from more expensive gyms, as well as appearing &#34;too cheap to cancel&#34; for current members.</p><p>&#34;Store unit economics are back to historic levels, and demand per existing location is accelerating, highlighting the runway ahead for new unit growth,&#34; they wrote. &#34;The company has plenty of both domestic and international franchising ahead in our view, and a value proposition to the consumer if macro sentiment deteriorates ($10/month base membership, $24.99/month for Black Card members).&#34;</p><p><a href=\"https://laohu8.com/S/MSGS\">Madison Square Garden Sports Corp. </a>, which manages the New York Knicks and Rangers, could be another leisure play, per the analysts.  The company &#34;has significant contracted revenue from sports media rights, and we argue the heritage of its teams, not to mention in the largest market, should drive and hold value through broader market turmoil,&#34; they said.</p><p>Software picks include <a href=\"https://laohu8.com/S/NOW\">ServiceNow Inc.</a>, Atlassian Corp. PLC <a href=\"https://laohu8.com/S/TEAM\">$(TEAM)$</a>, Instructure Holdings Inc. <a href=\"https://laohu8.com/S/INST\">$(INST)$</a>, and VMware Inc. <a href=\"https://laohu8.com/S/VMW\">$(VMW)$</a>, based on the assumption that &#34;best-of-breed software-as-a-service (&#39;SaaS&#39;) companies can provide shareholders with solid cash-flow-generative assets that are supported by sticky enterprise customer bases.&#34;</p><p>ServiceNow has a &#34;substantial global enterprise customer base&#34; that &#34;provides ample cross-sell and up-sell opportunities, which can support growth even in adverse market environments,&#34; while Atlassian has a strong self-service sales model that allows it to limit marketing spending, the analysts wrote. Admittedly, Atlassian has &#34;relatively higher exposure to small to mid-sized businesses,&#34; but the Macquarie team says the company showed at the start of the pandemic that it could withstand events that pressured smaller businesses.</p><p>As for Instructure, the analysts note that the company caters to educational customers in the higher-education and K-12 markets. &#34;We like Instructure&#39;s positioning as the market share leader in the learning management system (&#39;LMS&#39;) market for U.S. higher-education institutions, which we believe are a stable customer base similar to corporate enterprises,&#34; they wrote.</p><p>VMware holds promise &#34;because of the upcoming tailwinds from its transition to a SaaS model (vs. perpetual license), sticky customer base, and implicit put option from the recently announced acquisition by Broadcom <a href=\"https://laohu8.com/S/AVGO\">$(AVGO)$</a>,&#34; they continued.</p><p>The analysts are also betting that consumers will still play the lottery in tough times,  noting that the lottery business was &#34;resilient&#34; in the last financial crisis and at the start of the pandemic, while the businesses that operate in this industry have entrenched relationships.</p><p>&#34;In our view, the lottery industry is a remarkably stable and consistent business, displaying consistent growth through economic cycle,&#34; the analysts wrote, highlighting International Game Technology PLC <a href=\"https://laohu8.com/S/IGT\">$(IGT)$</a> and <a href=\"https://laohu8.com/S/NGMS\">NeoGames S.A.</a>.</p><p>Gaming companies could hold up, too, with the analysts calling out Penn National Gaming <a href=\"https://laohu8.com/S/PENN\">$(PENN)$</a>, MGM Resorts International <a href=\"https://laohu8.com/S/MGM\">$(MGM)$</a>, and Caesars Entertainment Inc. <a href=\"https://laohu8.com/S/CZR\">$(CZR)$</a> as favored picks.</p><p>Additionally, they see potential in ad-technology companies Applovin Corp. <a href=\"https://laohu8.com/S/APP\">$(APP)$</a>, The Trade Desk (TTD), and <a href=\"https://laohu8.com/S/IS\">IronSource Ltd.</a>, citing &#34;their relative resilience through targeted marketing, secular growth in mobile and connected TV, and low valuation.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4141":"半导体产品","TERN":"Terns Pharmaceuticals, Inc.","NOW":"ServiceNow","FWRG":"First Watch Restaurant Group, Inc.","BK4503":"景林资产持仓","OLPX":"Olaplex Holdings, Inc.","BK4551":"寇图资本持仓","VMW":"威睿","BK4097":"系统软件","BK4561":"索罗斯持仓","HCTI":"Healthcare Triangle, Inc.","BK4504":"桥水持仓","BK4512":"苹果概念","BK4183":"个人用品","BK4209":"餐馆","PENN":"佩恩国民博彩","MGM":"美高梅","BK4548":"巴美列捷福持仓","BK4539":"次新股","BK4023":"应用软件","TEAM":"Atlassian Corporation PLC","BK4106":"数据处理与外包服务","MA":"万事达","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","BK4191":"家用电器","PLNT":"Planet Fitness Inc","CRCT":"Cricut, Inc.","BK4108":"电影和娱乐","BK4534":"瑞士信贷持仓","BK4139":"生物科技","AVGO":"博通","APP":"AppLovin Corporation","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4216":"消闲设施","BOLT":"Bolt Biotherapeutics, Inc.","NGMS":"NeoGames S.A.","IGT":"国际游戏科技","BK4007":"制药","BK4566":"资本集团","BK4150":"赌场与赌博","INST":"Instructure Holdings, Inc.","BK4535":"淡马锡持仓","V":"Visa","BK4559":"巴菲特持仓","BK4527":"明星科技股","IS":"IronSource Ltd","BK4550":"红杉资本持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2245277964","content_text":"Amid a more precarious economic backdrop, analysts at Macquarie think that stocks including Visa Inc., Planet Fitness Inc., Trade Desk Inc., and lotto operator  International Game Technology PLC could demonstrate \"fundamental resiliency.\"Within the payments universe, the Macquarie team gravitates toward Visa and Mastercard Inc., two stocks that \"have been holding the line through the current spike in volatility\" and have previously shown to be \"impressively resilient through recessions thanks to their scale, innovation, and structural tailwinds in digital payments.\"The \"structural growth\" of the card networks could help them hold up in the face of any weakness in volumes, the analysts continued.On Mastercard specifically, they like the company's positioning in cross-border payments, emerging markets, and newer areas such as digital identity and open banking. For Visa, they note that the company has taken \"proactive measures\" on cryptocurrency that \"could help close the proportional gap on developing-market exposure with rival Mastercard and position Visa to benefit from greater economic participation in weak-currency markets.\"Within the leisure sector, the analysts see promise in a newer name that wasn't public at the time of the last economic downturn. Planet Fitness (PLNT) could continue to offer an attractive value proposition for consumers, they reason, by appealing to people looking to \"trade down\" from more expensive gyms, as well as appearing \"too cheap to cancel\" for current members.\"Store unit economics are back to historic levels, and demand per existing location is accelerating, highlighting the runway ahead for new unit growth,\" they wrote. \"The company has plenty of both domestic and international franchising ahead in our view, and a value proposition to the consumer if macro sentiment deteriorates ($10/month base membership, $24.99/month for Black Card members).\"Madison Square Garden Sports Corp. , which manages the New York Knicks and Rangers, could be another leisure play, per the analysts.  The company \"has significant contracted revenue from sports media rights, and we argue the heritage of its teams, not to mention in the largest market, should drive and hold value through broader market turmoil,\" they said.Software picks include ServiceNow Inc., Atlassian Corp. PLC $(TEAM)$, Instructure Holdings Inc. $(INST)$, and VMware Inc. $(VMW)$, based on the assumption that \"best-of-breed software-as-a-service ('SaaS') companies can provide shareholders with solid cash-flow-generative assets that are supported by sticky enterprise customer bases.\"ServiceNow has a \"substantial global enterprise customer base\" that \"provides ample cross-sell and up-sell opportunities, which can support growth even in adverse market environments,\" while Atlassian has a strong self-service sales model that allows it to limit marketing spending, the analysts wrote. Admittedly, Atlassian has \"relatively higher exposure to small to mid-sized businesses,\" but the Macquarie team says the company showed at the start of the pandemic that it could withstand events that pressured smaller businesses.As for Instructure, the analysts note that the company caters to educational customers in the higher-education and K-12 markets. \"We like Instructure's positioning as the market share leader in the learning management system ('LMS') market for U.S. higher-education institutions, which we believe are a stable customer base similar to corporate enterprises,\" they wrote.VMware holds promise \"because of the upcoming tailwinds from its transition to a SaaS model (vs. perpetual license), sticky customer base, and implicit put option from the recently announced acquisition by Broadcom $(AVGO)$,\" they continued.The analysts are also betting that consumers will still play the lottery in tough times,  noting that the lottery business was \"resilient\" in the last financial crisis and at the start of the pandemic, while the businesses that operate in this industry have entrenched relationships.\"In our view, the lottery industry is a remarkably stable and consistent business, displaying consistent growth through economic cycle,\" the analysts wrote, highlighting International Game Technology PLC $(IGT)$ and NeoGames S.A..Gaming companies could hold up, too, with the analysts calling out Penn National Gaming $(PENN)$, MGM Resorts International $(MGM)$, and Caesars Entertainment Inc. $(CZR)$ as favored picks.Additionally, they see potential in ad-technology companies Applovin Corp. $(APP)$, The Trade Desk (TTD), and IronSource Ltd., citing \"their relative resilience through targeted marketing, secular growth in mobile and connected TV, and low valuation.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052935867,"gmtCreate":1655106755359,"gmtModify":1676535562705,"author":{"id":"3579673345882908","authorId":"3579673345882908","name":"ElunMask","avatar":"https://static.tigerbbs.com/4561a4b19c908bdc775c4daf68fb2fc6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579673345882908","authorIdStr":"3579673345882908"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052935867","repostId":"2242547303","repostType":4,"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}