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2021-06-21

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2021-06-02

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U.S. manufacturing sector picks up in May; work backlogs rising - ISM

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BlackBerry Shorts Could Get Burned If History Repeats

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work backlogs rising - ISM","url":"https://stock-news.laohu8.com/highlight/detail?id=2140989404","media":"Reuters","summary":"WASHINGTON (Reuters) - U.S. manufacturing activity picked up in May as pent-up demand amid a reopeni","content":"<p>WASHINGTON (Reuters) - U.S. manufacturing activity picked up in May as pent-up demand amid a reopening economy boosted orders, but unfinished work piled up because of shortages of raw materials and labor.</p>\n<p>The Institute for Supply Management (ISM) said on Tuesday its index of national factory activity increased to a reading of 61.2 last month from 60.7 in April.</p>\n<p>A reading above 50 indicates expansion in manufacturing, which accounts for 11.9% of the U.S. economy. Economists polled by Reuters had forecast the index rising to 60.9 in May.</p>\n<p>A shift in demand to goods from services as the COVID-19 pandemic kept Americans at home, strained supply chains, with the virus also disrupting labor at manufacturers and their suppliers, leading to raw material shortages across industries.</p>\n<p>More than half of adults in the United States are now fully vaccinated against COVID-19, allowing authorities to lift pandemic-related restrictions on businesses. That is whipping up demand across the economy, as is massive fiscal stimulus. There is no sign the supply bottlenecks are easing, even as demand is reverting back to services.</p>\n<p>The survey's forward-looking new orders sub-index jumped to 67.0 from a reading of 64.3 in April. Inventories at factories are barely growing and business warehouses are almost bare.</p>\n<p>But production is being constrained by worker shortages. A measure of factory employment dropped to a six-month low in May. Labor is scarce despite nearly 10 million Americans being officially unemployed.</p>\n<p>Generous unemployment benefits funded by the government, problems with child care and fears of contracting the virus, even with vaccines widely accessible, as well as pandemic-related retirements have been blamed for keeping workers home.</p>\n<p>Lack of workers and shortages of raw materials such as semiconductors used in the production of motor vehicles and electronic goods led to a further increase in backlogs of uncompleted work.</p>\n<p>The shortages are also keeping input prices elevated. The ISM survey's measure of prices paid by manufacturers hovered near levels last seen in July 2008, when the economy was in the throes of the Great Recession.</p>\n<p>The higher prices are fanning inflation pressures. The government reported on Friday that a measure of underlying inflation tracked by the Federal Reserve for its 2% target accelerated 3.1% on a year-on-year basis in April, the biggest increase since July 1992.</p>\n<p>Most economists and Fed Chair Jerome Powell maintain that higher inflation will be transitory.</p>\n<p>The slowdown in hiring at factories last month could temper expectations for an acceleration in job growth in May after nonfarm payrolls increased by only 266,000 in April.</p>\n<p>According to an early Reuters survey of economists, payrolls likely increased by 700,000 jobs in May. The government is due to publish May's employment report on Friday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. manufacturing sector picks up in May; work backlogs rising - ISM</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. manufacturing sector picks up in May; work backlogs rising - ISM\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-01 22:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON (Reuters) - U.S. manufacturing activity picked up in May as pent-up demand amid a reopening economy boosted orders, but unfinished work piled up because of shortages of raw materials and labor.</p>\n<p>The Institute for Supply Management (ISM) said on Tuesday its index of national factory activity increased to a reading of 61.2 last month from 60.7 in April.</p>\n<p>A reading above 50 indicates expansion in manufacturing, which accounts for 11.9% of the U.S. economy. Economists polled by Reuters had forecast the index rising to 60.9 in May.</p>\n<p>A shift in demand to goods from services as the COVID-19 pandemic kept Americans at home, strained supply chains, with the virus also disrupting labor at manufacturers and their suppliers, leading to raw material shortages across industries.</p>\n<p>More than half of adults in the United States are now fully vaccinated against COVID-19, allowing authorities to lift pandemic-related restrictions on businesses. That is whipping up demand across the economy, as is massive fiscal stimulus. There is no sign the supply bottlenecks are easing, even as demand is reverting back to services.</p>\n<p>The survey's forward-looking new orders sub-index jumped to 67.0 from a reading of 64.3 in April. Inventories at factories are barely growing and business warehouses are almost bare.</p>\n<p>But production is being constrained by worker shortages. A measure of factory employment dropped to a six-month low in May. Labor is scarce despite nearly 10 million Americans being officially unemployed.</p>\n<p>Generous unemployment benefits funded by the government, problems with child care and fears of contracting the virus, even with vaccines widely accessible, as well as pandemic-related retirements have been blamed for keeping workers home.</p>\n<p>Lack of workers and shortages of raw materials such as semiconductors used in the production of motor vehicles and electronic goods led to a further increase in backlogs of uncompleted work.</p>\n<p>The shortages are also keeping input prices elevated. The ISM survey's measure of prices paid by manufacturers hovered near levels last seen in July 2008, when the economy was in the throes of the Great Recession.</p>\n<p>The higher prices are fanning inflation pressures. The government reported on Friday that a measure of underlying inflation tracked by the Federal Reserve for its 2% target accelerated 3.1% on a year-on-year basis in April, the biggest increase since July 1992.</p>\n<p>Most economists and Fed Chair Jerome Powell maintain that higher inflation will be transitory.</p>\n<p>The slowdown in hiring at factories last month could temper expectations for an acceleration in job growth in May after nonfarm payrolls increased by only 266,000 in April.</p>\n<p>According to an early Reuters survey of economists, payrolls likely increased by 700,000 jobs in May. The government is due to publish May's employment report on Friday.</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140989404","content_text":"WASHINGTON (Reuters) - U.S. manufacturing activity picked up in May as pent-up demand amid a reopening economy boosted orders, but unfinished work piled up because of shortages of raw materials and labor.\nThe Institute for Supply Management (ISM) said on Tuesday its index of national factory activity increased to a reading of 61.2 last month from 60.7 in April.\nA reading above 50 indicates expansion in manufacturing, which accounts for 11.9% of the U.S. economy. Economists polled by Reuters had forecast the index rising to 60.9 in May.\nA shift in demand to goods from services as the COVID-19 pandemic kept Americans at home, strained supply chains, with the virus also disrupting labor at manufacturers and their suppliers, leading to raw material shortages across industries.\nMore than half of adults in the United States are now fully vaccinated against COVID-19, allowing authorities to lift pandemic-related restrictions on businesses. That is whipping up demand across the economy, as is massive fiscal stimulus. There is no sign the supply bottlenecks are easing, even as demand is reverting back to services.\nThe survey's forward-looking new orders sub-index jumped to 67.0 from a reading of 64.3 in April. Inventories at factories are barely growing and business warehouses are almost bare.\nBut production is being constrained by worker shortages. A measure of factory employment dropped to a six-month low in May. Labor is scarce despite nearly 10 million Americans being officially unemployed.\nGenerous unemployment benefits funded by the government, problems with child care and fears of contracting the virus, even with vaccines widely accessible, as well as pandemic-related retirements have been blamed for keeping workers home.\nLack of workers and shortages of raw materials such as semiconductors used in the production of motor vehicles and electronic goods led to a further increase in backlogs of uncompleted work.\nThe shortages are also keeping input prices elevated. The ISM survey's measure of prices paid by manufacturers hovered near levels last seen in July 2008, when the economy was in the throes of the Great Recession.\nThe higher prices are fanning inflation pressures. The government reported on Friday that a measure of underlying inflation tracked by the Federal Reserve for its 2% target accelerated 3.1% on a year-on-year basis in April, the biggest increase since July 1992.\nMost economists and Fed Chair Jerome Powell maintain that higher inflation will be transitory.\nThe slowdown in hiring at factories last month could temper expectations for an acceleration in job growth in May after nonfarm payrolls increased by only 266,000 in April.\nAccording to an early Reuters survey of economists, payrolls likely increased by 700,000 jobs in May. The government is due to publish May's employment report on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113924209,"gmtCreate":1622591719301,"gmtModify":1704186801116,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/113924209","repostId":"1135306683","repostType":4,"repost":{"id":"1135306683","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":1622559836,"share":"https://ttm.financial/m/news/1135306683?lang=&edition=fundamental","pubTime":"2021-06-01 23:03","market":"us","language":"en","title":"BlackBerry Shorts Could Get Burned If History Repeats","url":"https://stock-news.laohu8.com/highlight/detail?id=1135306683","media":"Benzinga","summary":"BlackBerry Limited (NYSE:BB) is set to print its first-quarter 2021 earnings later on June 23 and tr","content":"<p><b>BlackBerry Limited</b>&nbsp;(NYSE:BB) is set to print its first-quarter 2021 earnings later on June 23 and traders may be looking to run the price of its stock up into the event.</p>\n<p>The Reddit community, led by WallStreetBets although&nbsp;many are now using the subreddit Superstonk, targeted BlackBerry’s stock in January, along with&nbsp;<b>GameStop Corporation</b>&nbsp;(NYSE:GME) and&nbsp;<b>AMC Entertainment Holdings Inc</b>&nbsp;(NYSE:AMC), in an epic short squeeze. The short squeeze caused BlackBerry’s stock to skyrocket 288% over the course of nine days, peaking at $28.77 on Jan. 27 before plummeting 63% over the following four days.</p>\n<p>GameStop and AMC have been hot tickers the past few days, in a second short squeeze attempt, and BlackBerry’s recent action makes it appear the stock may be next on the list.</p>\n<p><b>The BlackBerry Chart:</b>On Friday, BlackBerry smashed into a resistance level at $12.12 after a 21% move on the day and closed under a resistance level at $10.68. BlackBerry’s stock printed an inverted red hammer candlestick on the daily chart indicating a large group of sellers took profits when the stock was unable to pop up over the $12 level. BlackBerry may need a few days of consolidation before another attempt to smash through resistance.</p>\n<p>On May 18, BlackBerry broke up bullish through a descending trendline that has been holding it down since Feb. 8. BlackBerry’s stock retested the downward sloping line as support on May 19 and it held as support. BlackBerry then traded sideways for four days before printing a big green bullish engulfing candlestick on May 26,&nbsp;which signaled the stock was headed higher.</p>\n<p>BlackBerry is trading above the eight-day and 21-day exponential moving averages (EMAs), with the eight-day EMA trending above the 21-day EMA which is bullish. BlackBerry is also trading above the 200-day simple moving average, which indicates overall sentiment in the stock is bullish.</p>\n<p><img src=\"https://static.tigerbbs.com/d1ff4f7d1fb77fab7e0e6b4d53447742\" tg-width=\"1366\" tg-height=\"768\"></p>\n<p>Bulls want to see high levels of bullish volume come back into Blackberry’s stock to push it back up over resistance near the $10 level. If it can regain that level as support, it can make another attempt to push through $12.12.</p>\n<p>Bears want to see BlackBerry’s sellers continue to push the stock down until it loses support of the eight-day and 21-day EMAs. The eight-day and 21-day EMAs could then act as resistance and push BlackBerry’s stock down until it loses another support level at $8.36.</p>\n<p><b>BB Price Action:</b>BlackBerry’s stock was trading up 5% to $10.57 at publication time.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BlackBerry Shorts Could Get Burned If History Repeats</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\">\nBlackBerry Shorts Could Get Burned If History Repeats\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-01 23:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>BlackBerry Limited</b>&nbsp;(NYSE:BB) is set to print its first-quarter 2021 earnings later on June 23 and traders may be looking to run the price of its stock up into the event.</p>\n<p>The Reddit community, led by WallStreetBets although&nbsp;many are now using the subreddit Superstonk, targeted BlackBerry’s stock in January, along with&nbsp;<b>GameStop Corporation</b>&nbsp;(NYSE:GME) and&nbsp;<b>AMC Entertainment Holdings Inc</b>&nbsp;(NYSE:AMC), in an epic short squeeze. The short squeeze caused BlackBerry’s stock to skyrocket 288% over the course of nine days, peaking at $28.77 on Jan. 27 before plummeting 63% over the following four days.</p>\n<p>GameStop and AMC have been hot tickers the past few days, in a second short squeeze attempt, and BlackBerry’s recent action makes it appear the stock may be next on the list.</p>\n<p><b>The BlackBerry Chart:</b>On Friday, BlackBerry smashed into a resistance level at $12.12 after a 21% move on the day and closed under a resistance level at $10.68. BlackBerry’s stock printed an inverted red hammer candlestick on the daily chart indicating a large group of sellers took profits when the stock was unable to pop up over the $12 level. BlackBerry may need a few days of consolidation before another attempt to smash through resistance.</p>\n<p>On May 18, BlackBerry broke up bullish through a descending trendline that has been holding it down since Feb. 8. BlackBerry’s stock retested the downward sloping line as support on May 19 and it held as support. BlackBerry then traded sideways for four days before printing a big green bullish engulfing candlestick on May 26,&nbsp;which signaled the stock was headed higher.</p>\n<p>BlackBerry is trading above the eight-day and 21-day exponential moving averages (EMAs), with the eight-day EMA trending above the 21-day EMA which is bullish. BlackBerry is also trading above the 200-day simple moving average, which indicates overall sentiment in the stock is bullish.</p>\n<p><img src=\"https://static.tigerbbs.com/d1ff4f7d1fb77fab7e0e6b4d53447742\" tg-width=\"1366\" tg-height=\"768\"></p>\n<p>Bulls want to see high levels of bullish volume come back into Blackberry’s stock to push it back up over resistance near the $10 level. If it can regain that level as support, it can make another attempt to push through $12.12.</p>\n<p>Bears want to see BlackBerry’s sellers continue to push the stock down until it loses support of the eight-day and 21-day EMAs. The eight-day and 21-day EMAs could then act as resistance and push BlackBerry’s stock down until it loses another support level at $8.36.</p>\n<p><b>BB Price Action:</b>BlackBerry’s stock was trading up 5% to $10.57 at publication time.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135306683","content_text":"BlackBerry Limited (NYSE:BB) is set to print its first-quarter 2021 earnings later on June 23 and traders may be looking to run the price of its stock up into the event.\nThe Reddit community, led by WallStreetBets although many are now using the subreddit Superstonk, targeted BlackBerry’s stock in January, along with GameStop Corporation (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC), in an epic short squeeze. The short squeeze caused BlackBerry’s stock to skyrocket 288% over the course of nine days, peaking at $28.77 on Jan. 27 before plummeting 63% over the following four days.\nGameStop and AMC have been hot tickers the past few days, in a second short squeeze attempt, and BlackBerry’s recent action makes it appear the stock may be next on the list.\nThe BlackBerry Chart:On Friday, BlackBerry smashed into a resistance level at $12.12 after a 21% move on the day and closed under a resistance level at $10.68. BlackBerry’s stock printed an inverted red hammer candlestick on the daily chart indicating a large group of sellers took profits when the stock was unable to pop up over the $12 level. BlackBerry may need a few days of consolidation before another attempt to smash through resistance.\nOn May 18, BlackBerry broke up bullish through a descending trendline that has been holding it down since Feb. 8. BlackBerry’s stock retested the downward sloping line as support on May 19 and it held as support. BlackBerry then traded sideways for four days before printing a big green bullish engulfing candlestick on May 26, which signaled the stock was headed higher.\nBlackBerry is trading above the eight-day and 21-day exponential moving averages (EMAs), with the eight-day EMA trending above the 21-day EMA which is bullish. BlackBerry is also trading above the 200-day simple moving average, which indicates overall sentiment in the stock is bullish.\n\nBulls want to see high levels of bullish volume come back into Blackberry’s stock to push it back up over resistance near the $10 level. If it can regain that level as support, it can make another attempt to push through $12.12.\nBears want to see BlackBerry’s sellers continue to push the stock down until it loses support of the eight-day and 21-day EMAs. The eight-day and 21-day EMAs could then act as resistance and push BlackBerry’s stock down until it loses another support level at $8.36.\nBB Price Action:BlackBerry’s stock was trading up 5% to $10.57 at publication time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":838,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113924076,"gmtCreate":1622591702895,"gmtModify":1704186800307,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/113924076","repostId":"2140464318","repostType":4,"repost":{"id":"2140464318","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1622560946,"share":"https://ttm.financial/m/news/2140464318?lang=&edition=fundamental","pubTime":"2021-06-01 23:22","market":"us","language":"en","title":"Krispy Kreme revenue surges ahead of planned stock market listing","url":"https://stock-news.laohu8.com/highlight/detail?id=2140464318","media":"Reuters","summary":"June 1 (Reuters) - Krispy Kreme reported a jump in revenue for the first quarter of 2021 as the doug","content":"<p>June 1 (Reuters) - Krispy Kreme reported a jump in revenue for the first quarter of 2021 as the doughnut chain readies its return to the stock market after five years, against the backdrop of rising demand for sugary snacks during the pandemic.</p>\n<p>The company reported revenue of $321.8 million in the quarter ended April 4, compared with $261.2 million a year earlier, according to a filing for an initial public offering (IPO) that was made public on Tuesday.</p>\n<p>Krispy Kreme last month confidentially filed with U.S. regulators for an IPO.</p>\n<p>The company was bought by privately owned JAB Holding Co in a $1.35 billion deal in 2016, when the investment firm was ramping up its bets on coffee and restaurant businesses.</p>\n<p>After being cooped up at home for more than a year, vaccinated Americans are picking up their daily orders at fast-food restaurants, coffee houses and doughnut chains.</p>\n<p>Sales have picked up at most fast-food chains in the United States, after struggling with operations limited to delivery and drive-thrus for over a year, helped in part by stimulus checks that have boosted spending.</p>\n<p>Known for its glazed sugary treats, Krispy Kreme opened its first store in North Carolina in 1937 when it started selling doughnuts in local grocery stores. It now sells its treats in grocery and convenience stores in the United States and operates shops in 30 countries.</p>\n<p>The company first went public in 2000, but its unit had to file for Chapter 11 bankruptcy in 2005.</p>\n<p>J.P.Morgan, Morgan Stanley, BofA Securities and Citigroup are lead book-running managers for the offering.</p>\n<p>Krispy Kreme plans to list its shares on Nasdaq under the symbol \"DNUT\".</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Krispy Kreme revenue surges ahead of planned stock market listing</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\">\nKrispy Kreme revenue surges ahead of planned stock market listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-01 23:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 1 (Reuters) - Krispy Kreme reported a jump in revenue for the first quarter of 2021 as the doughnut chain readies its return to the stock market after five years, against the backdrop of rising demand for sugary snacks during the pandemic.</p>\n<p>The company reported revenue of $321.8 million in the quarter ended April 4, compared with $261.2 million a year earlier, according to a filing for an initial public offering (IPO) that was made public on Tuesday.</p>\n<p>Krispy Kreme last month confidentially filed with U.S. regulators for an IPO.</p>\n<p>The company was bought by privately owned JAB Holding Co in a $1.35 billion deal in 2016, when the investment firm was ramping up its bets on coffee and restaurant businesses.</p>\n<p>After being cooped up at home for more than a year, vaccinated Americans are picking up their daily orders at fast-food restaurants, coffee houses and doughnut chains.</p>\n<p>Sales have picked up at most fast-food chains in the United States, after struggling with operations limited to delivery and drive-thrus for over a year, helped in part by stimulus checks that have boosted spending.</p>\n<p>Known for its glazed sugary treats, Krispy Kreme opened its first store in North Carolina in 1937 when it started selling doughnuts in local grocery stores. It now sells its treats in grocery and convenience stores in the United States and operates shops in 30 countries.</p>\n<p>The company first went public in 2000, but its unit had to file for Chapter 11 bankruptcy in 2005.</p>\n<p>J.P.Morgan, Morgan Stanley, BofA Securities and Citigroup are lead book-running managers for the offering.</p>\n<p>Krispy Kreme plans to list its shares on Nasdaq under the symbol \"DNUT\".</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140464318","content_text":"June 1 (Reuters) - Krispy Kreme reported a jump in revenue for the first quarter of 2021 as the doughnut chain readies its return to the stock market after five years, against the backdrop of rising demand for sugary snacks during the pandemic.\nThe company reported revenue of $321.8 million in the quarter ended April 4, compared with $261.2 million a year earlier, according to a filing for an initial public offering (IPO) that was made public on Tuesday.\nKrispy Kreme last month confidentially filed with U.S. regulators for an IPO.\nThe company was bought by privately owned JAB Holding Co in a $1.35 billion deal in 2016, when the investment firm was ramping up its bets on coffee and restaurant businesses.\nAfter being cooped up at home for more than a year, vaccinated Americans are picking up their daily orders at fast-food restaurants, coffee houses and doughnut chains.\nSales have picked up at most fast-food chains in the United States, after struggling with operations limited to delivery and drive-thrus for over a year, helped in part by stimulus checks that have boosted spending.\nKnown for its glazed sugary treats, Krispy Kreme opened its first store in North Carolina in 1937 when it started selling doughnuts in local grocery stores. It now sells its treats in grocery and convenience stores in the United States and operates shops in 30 countries.\nThe company first went public in 2000, but its unit had to file for Chapter 11 bankruptcy in 2005.\nJ.P.Morgan, Morgan Stanley, BofA Securities and Citigroup are lead book-running managers for the offering.\nKrispy Kreme plans to list its shares on Nasdaq under the symbol \"DNUT\".","news_type":1},"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113925373,"gmtCreate":1622591686292,"gmtModify":1704186799011,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/113925373","repostId":"2140626460","repostType":4,"repost":{"id":"2140626460","pubTimestamp":1622561601,"share":"https://ttm.financial/m/news/2140626460?lang=&edition=fundamental","pubTime":"2021-06-01 23:33","market":"us","language":"en","title":"3 Stocks to Avoid This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2140626460","media":"Motley Fool","summary":"These investments seem pretty vulnerable right now.","content":"<p>In my three stocks to avoid article last week, I predicted that <b><a href=\"https://laohu8.com/S/ZUO\">Zuora</a></b> (NYSE:ZUO),&nbsp;<b>Riot Blockchain </b>(NASDAQ:RIOT), and <b>Grayscale Digital Large Cap Fund</b> (OTC:GDLC) would have a rough few days.</p><ul><li>Zuora shares climbed 3% for the week. The provider of cloud-based subscription services served up encouraging quarterly results, slightly beating analyst revenue and profit targets. Zuora's retention rate clocked in at its strongest rate in a year.</li><li>Riot Blockchain was the biggest gainer, soaring 19% last week. It was a down week for cryptocurrencies in general, but the week did kick off with B. Riley analyst Lucas Pipes initiating coverage of Riot Blockchain with a buy rating and a $43 price target.</li><li>Finally, there was Grayscale Digital Large Cap Fund. It inched 1% higher, also defying the dip in digital currencies. The exchange-traded fund owns stakes in five leading cryptocurrencies.</li></ul><p>Those three stocks averaged a 7.7% ascent for the week, fueled primarily by Riot Blockchain's bullish analyst initiation. The <b>S&amp;P 500</b> rose by 1.2% for the week, so I was wrong. Right now, I see <b>AMC Entertainment Holdings</b>&nbsp;(NYSE:AMC), Riot Blockchain, and <b>Oatly</b> (NASDAQ:OTLY) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e02e19d87470e5036fa20402855d54e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p><h2><b>1. AMC Entertainment</b></h2><p>It was a big weekend at the movies, and that may give the rally in AMC shares a lift early in the holiday-abridged trading week. It's not likely to last.</p><p>Before you figure this is more of the same from a multiplex permabear, keep in mind that I have had plenty of kind things to say about AMC in recent months.&nbsp;I argued that investors shouldn't bury AMC when it was trading for three bucks and change in late January, just two days before it became a meme stock. I went on to make the seemingly unfashionable move of arguing a bullish case for owning AMC and even making a case for the country's leading exhibitor to be a buyout candidate in the months to follow.</p><p>Finally, seven weeks ago I singled out AMC as a stock that can double again. It did go on to double, and it's on the verge of tripling from that starting line.</p><p>However, with the stock a multi-bagger -- and its share count nearly quadrupling over the past year -- we can no longer assess AMC as a turnaround story. It's trading for more than it was in its prime with an enterprise value of $23 billion. I don't think AMC is going under like so many bears out there, but it's hard for someone who has seen the good in the multiplex operator in the past to continue arguing that it's a fair value here. When the frenzy is done and the bulls and bears move on to fresh playthings this will be less than a $23 billion business.</p><h2>2. Riot Blockchain</h2><p>Riot Blockchain may have been bailed out by a bullish analyst initiation last week, but it can't escape gravity forever. Crypto mining is coming under fire for its heavy drain on natural resources, even to the point that it was banned in Iran last week after the country blamed the practice for power outages in some cities.</p><p>I'm a long-term believer in cryptocurrencies, but Riot Blockchain was overvalued even before the market for digital currencies started correcting sharply last month. I see it giving back a good chunk of the gains it scored last week.</p><h2>3. Oatly</h2><p>Oat milk is booming in popularity, making it an opportune time for Oatly to go public. The Oatly IPO was a success, but perhaps it's been <i>too</i> successful. Oatly commands a market cap of $14 billion. Who would pay 30 times trailing sales for a distributor of oat milk-based products?</p><p>It's certainly true that Oatly is growing quickly. Revenue more than doubled last year. However, Oatly had to pay up for that growth. Gross margin contracted last year, and its net loss nearly doubled. Plant-based milk alternatives include soy, almond, and now oat, but it currently accounts for less 10% of the global milk market. There's market share for the taking, but ultimately this is just a commodity.</p><p>Oalty may be spending a lot of money on savvy marketing and scoring distribution deals, but is there really a difference between Oatly's product and the competition? No <a href=\"https://laohu8.com/S/AONE\">one</a> holds a patent to plant-based milk products. It's just a matter of time before the market either demands profits -- and growth will slow dramatically -- or realizes that you don't pay 30 times deficit-saddled revenue for a commodity distributor.</p><p>If you're looking for safe stocks, you aren't likely to find them in AMC Entertainment, Riot Blockchain, and Oatly this week.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Avoid This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Avoid This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 23:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/01/3-stocks-to-avoid-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In my three stocks to avoid article last week, I predicted that Zuora (NYSE:ZUO), Riot Blockchain (NASDAQ:RIOT), and Grayscale Digital Large Cap Fund (OTC:GDLC) would have a rough few days.Zuora ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/01/3-stocks-to-avoid-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms","GDLC":"Grayscale Digital Large Cap Fund LLC","ZUO":"祖睿","OTLY":"Oatly Group AB","AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/06/01/3-stocks-to-avoid-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140626460","content_text":"In my three stocks to avoid article last week, I predicted that Zuora (NYSE:ZUO), Riot Blockchain (NASDAQ:RIOT), and Grayscale Digital Large Cap Fund (OTC:GDLC) would have a rough few days.Zuora shares climbed 3% for the week. The provider of cloud-based subscription services served up encouraging quarterly results, slightly beating analyst revenue and profit targets. Zuora's retention rate clocked in at its strongest rate in a year.Riot Blockchain was the biggest gainer, soaring 19% last week. It was a down week for cryptocurrencies in general, but the week did kick off with B. Riley analyst Lucas Pipes initiating coverage of Riot Blockchain with a buy rating and a $43 price target.Finally, there was Grayscale Digital Large Cap Fund. It inched 1% higher, also defying the dip in digital currencies. The exchange-traded fund owns stakes in five leading cryptocurrencies.Those three stocks averaged a 7.7% ascent for the week, fueled primarily by Riot Blockchain's bullish analyst initiation. The S&P 500 rose by 1.2% for the week, so I was wrong. Right now, I see AMC Entertainment Holdings (NYSE:AMC), Riot Blockchain, and Oatly (NASDAQ:OTLY) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.Image source: Getty Images.1. AMC EntertainmentIt was a big weekend at the movies, and that may give the rally in AMC shares a lift early in the holiday-abridged trading week. It's not likely to last.Before you figure this is more of the same from a multiplex permabear, keep in mind that I have had plenty of kind things to say about AMC in recent months. I argued that investors shouldn't bury AMC when it was trading for three bucks and change in late January, just two days before it became a meme stock. I went on to make the seemingly unfashionable move of arguing a bullish case for owning AMC and even making a case for the country's leading exhibitor to be a buyout candidate in the months to follow.Finally, seven weeks ago I singled out AMC as a stock that can double again. It did go on to double, and it's on the verge of tripling from that starting line.However, with the stock a multi-bagger -- and its share count nearly quadrupling over the past year -- we can no longer assess AMC as a turnaround story. It's trading for more than it was in its prime with an enterprise value of $23 billion. I don't think AMC is going under like so many bears out there, but it's hard for someone who has seen the good in the multiplex operator in the past to continue arguing that it's a fair value here. When the frenzy is done and the bulls and bears move on to fresh playthings this will be less than a $23 billion business.2. Riot BlockchainRiot Blockchain may have been bailed out by a bullish analyst initiation last week, but it can't escape gravity forever. Crypto mining is coming under fire for its heavy drain on natural resources, even to the point that it was banned in Iran last week after the country blamed the practice for power outages in some cities.I'm a long-term believer in cryptocurrencies, but Riot Blockchain was overvalued even before the market for digital currencies started correcting sharply last month. I see it giving back a good chunk of the gains it scored last week.3. OatlyOat milk is booming in popularity, making it an opportune time for Oatly to go public. The Oatly IPO was a success, but perhaps it's been too successful. Oatly commands a market cap of $14 billion. Who would pay 30 times trailing sales for a distributor of oat milk-based products?It's certainly true that Oatly is growing quickly. Revenue more than doubled last year. However, Oatly had to pay up for that growth. Gross margin contracted last year, and its net loss nearly doubled. Plant-based milk alternatives include soy, almond, and now oat, but it currently accounts for less 10% of the global milk market. There's market share for the taking, but ultimately this is just a commodity.Oalty may be spending a lot of money on savvy marketing and scoring distribution deals, but is there really a difference between Oatly's product and the competition? No one holds a patent to plant-based milk products. It's just a matter of time before the market either demands profits -- and growth will slow dramatically -- or realizes that you don't pay 30 times deficit-saddled revenue for a commodity distributor.If you're looking for safe stocks, you aren't likely to find them in AMC Entertainment, Riot Blockchain, and Oatly this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":595,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113922002,"gmtCreate":1622591646306,"gmtModify":1704186797395,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"well done","listText":"well done","text":"well done","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/113922002","repostId":"1184181912","repostType":4,"repost":{"id":"1184181912","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":1622589761,"share":"https://ttm.financial/m/news/1184181912?lang=&edition=fundamental","pubTime":"2021-06-02 07:22","market":"hk","language":"en","title":"Zoom reports blowout earnings but warns of a coming slowdown","url":"https://stock-news.laohu8.com/highlight/detail?id=1184181912","media":"Tiger Newspress","summary":"Zoomreported better-than-expected first-quarter results Tuesday, with sales growth of 191%. The shar","content":"<p>Zoomreported better-than-expected first-quarter results Tuesday, with sales growth of 191%. The shares rose 4% in extended trading after initially falling as much as 5% as the company showed signs of a looming slowdown.<img src=\"https://static.tigerbbs.com/b1b99facf2971e24b0cf0b93e9021c5a\" tg-width=\"692\" tg-height=\"527\">Here’s how the company did:</p>\n<ul>\n <li><b>Earnings:</b>$1.32 per share, adjusted, vs. 99 cents per share as expected by analysts, according to Refinitiv.</li>\n <li><b>Revenue:</b>$956.2 million, vs. $906.0 million as expected by analysts, according to Refinitiv.</li>\n</ul>\n<p>Revenue in the quarter, which ended on April 30, jumped from $328.2 million a year earlier, according to astatement. In the previous quarter revenuerose 369%as <a href=\"https://laohu8.com/S/ZM\">Zoom</a> lapped the onset of the coronavirus pandemic in the U.S., which brought inmillions of new users.<img src=\"https://static.tigerbbs.com/402d4ca1cb0a713d00d91053cedc620f\" tg-width=\"890\" tg-height=\"445\">The company’s gross margin widened to 73.9% from 69.4% in the previous quarter, primarily because of optimization of public-cloud resources, the company said. Zoom said its Zoom Phone product, including cloud-based phone services along with video calls and other capabilities, had 1.5 million seats at the end of April, up from1 millionin January.</p>\n<p>Zoom said it expects $1.14 to $1.15 in adjusted earnings per share on $985 million to $990 million in revenue in the fiscal second quarter. Analysts polled by Refinitiv had expected adjusted earnings of 94 cents per share and $931.8 million in revenue.</p>\n<p>For the full 2022 fiscal year, Zoom now sees $4.56 to $4.61 in adjusted earnings per share and $3.98 billion to $3.99 billion in revenue. Analysts polled by Refinitiv had been looking for $3.76 in adjusted earnings per share and $3.8 billion in revenue.</p>\n<p>Notwithstanding the after-hours move, shares of Zoom have fallen about 3% since the start of 2021, while the S&amp;P 500 index is up nearly 12% over the same period.</p>\n<p>During the quarter, Zoom announcedenhancements to its Zoom Rooms offeringfor meeting locations, as well as a$100 million venture-capital fund.</p>\n<p>Executives will discuss the results with analysts on a Zoom call starting at 5 p.m. ET.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zoom reports blowout earnings but warns of a coming slowdown</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\">\nZoom reports blowout earnings but warns of a coming slowdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-02 07:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Zoomreported better-than-expected first-quarter results Tuesday, with sales growth of 191%. The shares rose 4% in extended trading after initially falling as much as 5% as the company showed signs of a looming slowdown.<img src=\"https://static.tigerbbs.com/b1b99facf2971e24b0cf0b93e9021c5a\" tg-width=\"692\" tg-height=\"527\">Here’s how the company did:</p>\n<ul>\n <li><b>Earnings:</b>$1.32 per share, adjusted, vs. 99 cents per share as expected by analysts, according to Refinitiv.</li>\n <li><b>Revenue:</b>$956.2 million, vs. $906.0 million as expected by analysts, according to Refinitiv.</li>\n</ul>\n<p>Revenue in the quarter, which ended on April 30, jumped from $328.2 million a year earlier, according to astatement. In the previous quarter revenuerose 369%as <a href=\"https://laohu8.com/S/ZM\">Zoom</a> lapped the onset of the coronavirus pandemic in the U.S., which brought inmillions of new users.<img src=\"https://static.tigerbbs.com/402d4ca1cb0a713d00d91053cedc620f\" tg-width=\"890\" tg-height=\"445\">The company’s gross margin widened to 73.9% from 69.4% in the previous quarter, primarily because of optimization of public-cloud resources, the company said. Zoom said its Zoom Phone product, including cloud-based phone services along with video calls and other capabilities, had 1.5 million seats at the end of April, up from1 millionin January.</p>\n<p>Zoom said it expects $1.14 to $1.15 in adjusted earnings per share on $985 million to $990 million in revenue in the fiscal second quarter. Analysts polled by Refinitiv had expected adjusted earnings of 94 cents per share and $931.8 million in revenue.</p>\n<p>For the full 2022 fiscal year, Zoom now sees $4.56 to $4.61 in adjusted earnings per share and $3.98 billion to $3.99 billion in revenue. Analysts polled by Refinitiv had been looking for $3.76 in adjusted earnings per share and $3.8 billion in revenue.</p>\n<p>Notwithstanding the after-hours move, shares of Zoom have fallen about 3% since the start of 2021, while the S&amp;P 500 index is up nearly 12% over the same period.</p>\n<p>During the quarter, Zoom announcedenhancements to its Zoom Rooms offeringfor meeting locations, as well as a$100 million venture-capital fund.</p>\n<p>Executives will discuss the results with analysts on a Zoom call starting at 5 p.m. ET.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184181912","content_text":"Zoomreported better-than-expected first-quarter results Tuesday, with sales growth of 191%. The shares rose 4% in extended trading after initially falling as much as 5% as the company showed signs of a looming slowdown.Here’s how the company did:\n\nEarnings:$1.32 per share, adjusted, vs. 99 cents per share as expected by analysts, according to Refinitiv.\nRevenue:$956.2 million, vs. $906.0 million as expected by analysts, according to Refinitiv.\n\nRevenue in the quarter, which ended on April 30, jumped from $328.2 million a year earlier, according to astatement. In the previous quarter revenuerose 369%as Zoom lapped the onset of the coronavirus pandemic in the U.S., which brought inmillions of new users.The company’s gross margin widened to 73.9% from 69.4% in the previous quarter, primarily because of optimization of public-cloud resources, the company said. Zoom said its Zoom Phone product, including cloud-based phone services along with video calls and other capabilities, had 1.5 million seats at the end of April, up from1 millionin January.\nZoom said it expects $1.14 to $1.15 in adjusted earnings per share on $985 million to $990 million in revenue in the fiscal second quarter. Analysts polled by Refinitiv had expected adjusted earnings of 94 cents per share and $931.8 million in revenue.\nFor the full 2022 fiscal year, Zoom now sees $4.56 to $4.61 in adjusted earnings per share and $3.98 billion to $3.99 billion in revenue. Analysts polled by Refinitiv had been looking for $3.76 in adjusted earnings per share and $3.8 billion in revenue.\nNotwithstanding the after-hours move, shares of Zoom have fallen about 3% since the start of 2021, while the S&P 500 index is up nearly 12% over the same period.\nDuring the quarter, Zoom announcedenhancements to its Zoom Rooms offeringfor meeting locations, as well as a$100 million venture-capital fund.\nExecutives will discuss the results with analysts on a Zoom call starting at 5 p.m. ET.","news_type":1},"isVote":1,"tweetType":1,"viewCount":623,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110612930,"gmtCreate":1622448724320,"gmtModify":1704184569832,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/110612930","repostId":"1164081350","repostType":4,"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110616519,"gmtCreate":1622448677231,"gmtModify":1704184569181,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110616519","repostId":"1187518687","repostType":4,"repost":{"id":"1187518687","pubTimestamp":1622444095,"share":"https://ttm.financial/m/news/1187518687?lang=&edition=fundamental","pubTime":"2021-05-31 14:54","market":"us","language":"en","title":"Palantir Vs. Snowflake: Which Is The Better Buy For Long-Term Investors?","url":"https://stock-news.laohu8.com/highlight/detail?id=1187518687","media":"seekingalpha","summary":"Summary\n\nBig data analytics and decisioning is one of the cornerstones of the digital transformation","content":"<p><b>Summary</b></p>\n<ul>\n <li>Big data analytics and decisioning is one of the cornerstones of the digital transformation revolution sweeping through much of the IT firmament.</li>\n <li>The two leading companies in providing the building blocks for large data warehouses and for decisioning applications based on big data analytics are Palantir and Snowflake.</li>\n <li>Both of these companies have already compiled enviable growth records; indeed, the growth Snowflake is enjoying is as rapid as any ramp I have ever seen.</li>\n <li>The issue for investors is really not the likely success of these companies, or the fact that they are down a great deal from recent post IPO valuations. The issue is their current valuation and future growth.</li>\n <li>My conclusion, based solely on valuation, is that Palantir will provide a somewhat greater return than Snowflake over the coming years. But in neither case is it likely that long term returns can rise beyond the teens.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e334ff290e3ff9d31d41e402324f177e\" tg-width=\"768\" tg-height=\"432\"><span>Photo by DKosig/E+ via Getty Images</span></p>\n<p><b>A sharp sector rotation affords long-term investors with opportunities not often encountered!</b></p>\n<p>It will probably come as no surprise to most readers that the last 3 months have been marked by a very strong sector rotation away from high-growth, high value names to cyclical/reopening names. Even some of the strongest companies have seen their valuations eviscerated over that period. The culprit for the rotation is investor concern with both prior valuations and investor concern about spikes in inflation leading to interest rate increases. The valuation compression is even sharper than it may appear on the surface. Not only are share prices down, but revenue estimates and operational performance are showing very strong positive trends. In most cases, EV/S ratios have fallen by 25% or more and in a few cases the fall has been 50% and even greater. Much like a lake which is plagued by drought, this valuation compression has made visible several islands of opportunity.</p>\n<p>This is not an article about sector rotation per se, or about the valuation of tech names per se. Have the last several days of trading been a harbinger that sector rotation is ending, or was it simply a long awaited response to several days of extreme valuation compression in the tech space? At some point, the combination of falling share prices and rising growth rates for revenues and free cash flow will obviously lead to a reversal-but lacking 2ndsight, I have to leave that vexed question to others.</p>\n<p>One of my favorite components of Lincoln’s 2ndinaugural address is the ringing phrase, “fondly do we hope, fervently do we pray.” Now the President was talking about the passing of the scourge of war, and I am writing about the end of a sector rotation. But it has been a difficult period that has scourged the portfolios of many investors and I do hope it will pass away soon.</p>\n<p>One of the several artifacts of what some might call “The Great Sector Rotation” has been the emergence of several growth names that had been un-investible due to valuation for months or since they became public. This article is focused on two such names, Palantir(NYSE:PLTR)and Snowflake(NYSE:SNOW). These are names that are prominent in the IT space. are amongst the leaders in the Big Data/Analytics space and which have generated remarkable interest amongst many investors and readers of SA. Both of them are quite exceptional companies-but I don’t think either is a particularly remarkable investment. That said, at current valuations (I am using share prices as of 5/24 to calculate my valuation relationships), both of these names can potentially provide investors modest-but double digit long term returns. That is usually less than many tech investors find acceptable-but the visibility and relative stability of both of these companies is an unquantifiable intangible that some may find particularly attractive. Again, entirely based on valuation, and no other factor, Palantir is a more attractive investment-although the calculated return difference compared to Snowflake isn’t huge. Obviously, it is the CAGR differential between businesses that make it so difficult for an observer to make an unqualified choice.</p>\n<p>I want to make clear than when asked for a choice between these two names, my first response would be neither. There are simply better choices in the IT world as potential investments. Investors have a wide choice of names in the space in the wake of the valuation compression and there are different attributes associated with these names.</p>\n<p>For those investors looking for my choices in the high growth/high valuation segment, I would recommend CrowdStrike (CRWD), Datadog (DDOG). Zscaler (ZI) and ZoomInfo (ZI). Could Snowflake make this list-possibly because it certainly has the highest CAGR of any of the names that I follow. But even using what is essentially a 4 year CAGR of 70% to reach a terminal sales level of more than $6 billion, and a terminal growth rate in the mid-thirty percent range still does not produce super returns for Snowflake because it is hard to do so when the starting point is a valuation of 53X EV/S (as of the close on Monday, May 24th). And forecasting that a company with a $6 billion run rate to continue growth in the mid-30% range is certainly a bit of a reach-although the market that SNOW addresses is enormous and growing.</p>\n<p>For investors looking for a combination of growth coupled with less than average valuation in terms of their EV/S ratio, choices include names such as Upstart (UPST). Affirm (AFRM), Asana (ASAN), Elastic (ESTC), Wix (WIX) and Jamf (JAMF). Some investors are looking for names with very high free cash flow margins. Here choices include Atlassian (TEAM), Dynatrace (DT), Veeva (VEEV), Microsoft (MSFT) and Adobe (ADBE). Many investors would choose to use some kind of combination of free cash flow margin + growth rate in compiling a buy list. Here, the regnant champion is ZoomInfo (ZI) but perhaps Palantir makes the list-depending on whether the free cash flow metric achieved last quarter was an outlier or represented the start of a trend. Trade Desk (TTD), in the wake of its recent share price compression of 40% since mid-February would also be on this list.</p>\n<p>Some investors look for bargains amongst fairly IPO’s. There are some bargains now to be seen in that sector such as Affirm and also nCino (NCNO) and perhaps Jamf. These are companies whose price action after the IPO took their valuations to unsustainable levels and which have now compressed to what appear to be bargains. I try to approach the recent IPOs with the same methodology as the rest of the names I follow. Inevitably, given the small number of shares in most IPOs, stock prices can subsequently reach dizzying levels as institutions, in particular, look to establish full positions that they were unable to create with an IPO allocation. But once that demand ceases, these names fall, and can do so to very compressed valuations.</p>\n<p>Finally, there are some investors who look for proverbial bargains by screening for percentage declines over some fixed period. That is not a methodology I favor. Many companies can be mis-priced in terms of valuation and so the fact that a name is down a particular percentage is of less importance to me, than how the companies score on EV/S valuation and free cash flow margins. I have seen many articles that focus on either Snowflake or Palantir because of their steep declines during and even before the sector rotation. While it is not uncommon for commentators to use a percentage decline as a screening point, my approach doesn’t value that technique. Specifically, there was no conceivable logical methodology that could have supported the peak valuations of either Snowflake or Palantir, so the fact that they have fallen substantially is not proof-at least to this writer-that they are now reasonably valued.</p>\n<p>I try not to be obsessively tied to formulas in creating a buy list for my own portfolio or for my recommendations. I am, admittedly, biased toward growth, but when I see a combination of growth and free cash flow margin, I can fall in love-at least figuratively. (Sort of like Daumier’s famous lithograph, “Fusion des Compagnies. Effusion des actionnaires. (Les Beaux Jours de la Vie), from Le Charivari, Honoré Daumier ^ Minneapolis Institute of Art. I use some combination of all approaches in compiling my own list of names that I think are buy rated. I don’t include any megacap names, more because I think their investment merits are well recognized and there isn’t too much in the way of value add that I might provide.</p>\n<p>To repeat: both Palantir and Snowflake are and will remain remarkable businesses that are revolutionizing the way software is used in both government and commercial applications. Bringing storage to the cloud the way it is done by Snowflake is hastening digital transformation and making it easier to migrate workloads to the cloud-a significant priority for many-probably most enterprise users of IT. The combination of data integration, AI and search which enable users to find patterns and develop useful insights is achieving some of the more “Buck Rogerish” dreams of software engineers and ultimately all classes of users.</p>\n<p>But having said that, it is still necessary to look at growth and cash flow to arrive at a valuation and while the valuation compression has led to opportunities, the opportunities are not of the once in a generation scale. Investors who want to own the best companies frequently are going to be asked to sacrifice some percentage upside to buy the best of the breed, and that is what I see here, regardless of my admiration of the offerings of both companies.</p>\n<p>One thing to note: I would be greatly surprised if either Palantir or Snowflake will precisely look the way they do at this writing. They are going to wind up making acquisitions-I doubt that valuations and chemistry would allow either company to be acquired. Speculating about acquisitions is a fun parlor trick, but not something that can really be forecast with any degree of specificity. But one reason as to why I have suggested that these companies will continue to grow at elevated rates relates to my belief that there will be some element of inorganic revenue in the results of both companies 4 years from now.</p>\n<p><b>The background of Snowflake and Palantir</b></p>\n<p>Both of these businesses have been and remain high growth companies with strong technology moats and a host of the most prominent IT users in the world. Palantir reported recent results that swung strongly to free cash generation; SNOW is perhaps the fastest growing name I have seen at scale. And the shares of both companies have seen rather substantial compression. Since the rotation began in early/mid-February, shares of Snowflake have&nbsp;fallen as much as 39% before bouncing 11.5% on Friday, May 14th partially due to a&nbsp;new recommendation from the analyst at Goldman Sachs.Shares of&nbsp;Palantir had fallen as much as 53%&nbsp;before its bounce 9.3% on Friday May 14th.</p>\n<p>Both of these companies seem destined to be major factors in the software over the course of the coming years. Over time, as they mature, I expect that both of these company’s will evolve highly profitable business models. Based strictly on the way I value companies, I find the shares of Palantir to be more attractive to investors than the shares of Snowflake-even though self-evidently, Snowflake is growing faster than Palantir. I believe that long-term investors will achieve a somewhat greater return investing in Palantir than in Snowflake-but the difference isn’t huge and speculating about an end-result 4 years from now is inevitably a fraught undertaking.</p>\n<p>I have been frequently asked by subscribers to my Ticker Target service. by investment advisory clients and by readers of SA articles to provide some opinion on both of these companies with a plurality inquiring about Palantir. For months, until now, I haven’t chosen to make much of a response given the valuations have been of a magnitude that made any kind of positive recommendation more faith based than logical.</p>\n<p><b>Trying to find a formula for relative valuations</b></p>\n<p>Let’s face it-trying to decide between the investment merits of two companies with a great base of IP, addressing hot spaces within the enterprise software space is a bit like handicapping the results of sporting events before the start of a season. There is loads of pure guesswork and less substance than most would like. Many analysts demur doing something like this-or if they are like me, they suggest to clients that there is no reason just to own a single name of this kind in a portfolio. I am going to attempt to present some qualitative as well as quantitative analysis-but in the nature of things it will be subjective.</p>\n<p>One consideration is always management. Does either Palantir or Snowflake have better management?Frank Slootman of Snowflak&nbsp;eprobably has better bona fides than the&nbsp;Alex Karp, the CEO of Palantir- he has, after all , sold one company he founded, Data Domain to EMC for an incredible valuation and he guided Service Now to huge success, and in the process&nbsp;more or less ran over BMC Software&nbsp;which was one of the stalwarts of the enterprise software space for many years.</p>\n<p>The CEO of Palantir is Alex Karp and he co founded the company 17 years ago. He has a host of beliefs that many might consider outside of the mainstream, especially for a company that makes a living selling to the US government and particularly the US military. He has been described as eccentric and I imagine that any self-professed socialist who has built a net worth of almost $2 billion is likely to have an unusual set of values. The fact that he keeps Tai Chi swords in his office-which at times can be in a barn in New Hampshire-while not entirely abnormal amongst tech entrepreneurs, is more than a bit different than the background of Mr. Slootman.</p>\n<p>But company’s such as Palantir are run by teams and there are some extraordinary players on Palantir’s team.Peter Thiel,well known as a co-founder of PayPal (PYPL) and one of the first outside investors in Facebook, also co-founded Palantir and remains on the board. So too,is famed tech investor, Joe Lonsdale&nbsp;who recently said that:</p>\n<blockquote>\n “As a director of a public co there are regulations about what you can say – you’re discouraged from speaking up &amp; nobody does in our risk-averse society. But #’s came out yesterday and were misunderstood… we are going to crush the shorts / I am extremely bullish.\"\n</blockquote>\n<p>I am not quite sure why Mr. Lonsdale felt that the quarterly results were misinterpreted. Palantir was caught up in a tech rout on the day after its earnings were released. It was just reflecting the sector rotation that has marked much trading in these names .</p>\n<p>Finally,there is Stephen Cohen,another co-founder of Palantir and currently an Executive VP of the company. Famously, at the ripe age of 23, he has been credited with writing the initial prototype of the Palantir platform in all of 8 weeks.</p>\n<p>As must people who know me would agree, I am a somewhat desiccated older curmudgeon, whose acceptance of eccentricities is perhaps less than it should be. But overall, I believe that in evaluating these two companies, there is not all that much to choose. It is a bit easier to conclude that Snowflake has a management structure that will lead to better investor returns simply because of the track record of the CEO. But Peter Thiel and Joe Lonsdale have made themselves billions and those along for their various rides have done quite well. I can wish that there was less mystery surrounding some parts of the Palantir business, but at the end of the day, I don’t think an investment decision between these two names can be made based on differences in management capabilities.</p>\n<p>Like most other analysts, I try to look at relative valuations in making a recommendation. The fact is that Snowflake still has the highest 12 month forward EV/S ratio of any name I follow, and that valuation is based on a revenue estimate of $1.2 billion. That is a forecast for growth of just over 100% for the next 12 months-and about 10% above the current published consensus for the same period. Despite the forecast for triple digit growth, I wouldn’t find it terribly surprising for Snowflake to continue to exceed estimates-the momentum in its space is just that strong.</p>\n<p>Essentially the problem I have with recommending Snowflake shares is just how much the company will have to grow in order to justify the current valuation-even after the huge haircut of recent months. I have used a 3 year forward CAGR estimate of 70%-I think that is reasonable, if growth this year is over 100% as seems likely.</p>\n<p>Snowflake in its latest reported quarter started&nbsp;to generate free cash flow. To do so, however, it needed to have an enormous growth in its deferred revenue balance-a result that is partially seasonal as its clients renew their agreements. I expect SNOW to generate a modest level of free cash flow in its current year, but that is not going to be a sufficient reason to recommend the shares. In order to generate 70% revenue growth over several years, I anticipate that the company’s ability to generate a substantial free cash flow margin will be challenging. The company will simply have to continue to make outsize investments in sales and marketing and research and development. I imagine that some of that will continue to be part of the company culture even looking out several years; I would not anticipate anything more than average cash flow margins by that time-and those margins could easily be less than average.</p>\n<p>In any event, using a multi-year CAGR of 70%-and then starting the compounding from the base of $1.2 billion of revenues that I anticipate for the current year produces a terminal revenue estimate of about $5.9 billion. I assume that this company will still be enjoying hyper growth at the end of the period-just not at the current elevated levels. I think using a terminal growth rate of 35% is reasonable and even after valuation compression, the average EV/S for that growth rate is 16X. So, that might suggest that the enterprise value for Snowflake 4 years from now ought to be about $94 billion-the enterprise value as of the close on Friday was $56 billion, or thereabouts. That works out to a 14% annualized return. That is certainly far better than such a calculation might recently have been, and far greater than any assumed inflation rate I have seen…but I wonder if it is enough for most investors who are usually looking for something more to be properly compensated for risk in investing in a name such as this.</p>\n<p>A comparable calculation for Palantir starts with estimated revenues of $1.8 billion for the next 12 months. This estimate was revised&nbsp;based on the results that the company reported on 5/11/21. That is considerably greater than the currently published consensus-for 2021 of $1.47 billion-but my estimate goes out an additional quarter and is not burdened by the adherence to the company’s rather mechanical guidance of “greater than 30% for the foreseeable future” which has been the mantra of the company CEO, and which is used by many analysts as a substitute for preparing their own set of expectations.</p>\n<p>Last year, the company reported a 47% growth in revenues and had forecast a 45% growth in revenues for Q1. Q1 revenue growth came to 49%; the company is forecasting 43% revenue growth year on year in the current quarter but given the rather muted sequential growth implied in that forecast (5.6%), I believe it will be exceeded by some noticeable amount. The company reported a free cash flow margin of 34%, a very dramatic change from the negative free cash flow margin reported in 2020.</p>\n<p>While the company saw a decline in its deferred revenue balance in Q1, the more inclusive metric of remaining performance obligation rose by 4.7% sequentially, which is a strong performance given the typical seasonal decline usually seen in that metric in Q1.Overall, calculated billings were up 248%&nbsp;year on year and the year on year increase in the RPO balance came to 129%. These are, in my opinion, strong indicators for future growth.</p>\n<p>Since the time that Palantir became a public company, it has been criticized for the slow growth of its commercial business compared to its government business. But in the last quarter, the company’s US commercial business finally showed some decent growth of 72%. I will cover this subject more fully later on in this article.</p>\n<p>In any event, I have chosen to use a 3 year forward CAGR of 42% in evaluating Palantir, based more on its historical growth than some special knowledge about how fast it might grow. Because of the multiplicity of products and solutions that are enabled by Palantir’s platforms, it can be a bit more difficult to estimate a longer term growth rate than would be the case when dealing with a company whose revenues are coming from a more targeted focus. In any event, using a 42% CAGR, and my current estimate for 12 month forward revenues yields a run -rate estimate 4years out of greater than $5.2 billion. My guess, and I make no representation that it is more than that, is that the company will be still growing in the low 30% range at that point, with a free cash flow margin of greater than 20%.Just to be clear, the cash flow results seen last quarter, while perhaps not enough to suggest a trend, are certainly suggestive of a business model that is potentially very profitable. Taking the estimated cash flow generation into account, the CAGR that I am estimating for Palantir is currently worth an EV/S of about 16X-17X looking at the average EV/S metric for a low 40% growth estimate. In turn, this leads to an enterprise value forecast of about $86 billion compared to last Friday’s enterprise value of $$44.5 billion. This suggests a 4 year return of about 18% compounded, somewhat better than the rate of return I calculate for Snowflake. Snowflake’s elevated valuation simply makes it very difficult to realistically project exceptional long-term returns-even though in many ways Snowflake is an exceptional company operating in an exceptional market.</p>\n<p><b>Where the analysis could be off and what are the risks?</b></p>\n<p>This article is basically about which of the two names I would rather hold or invest in for the long-term. It isn’t a terribly obvious choice-although the numbers, as I see them, suggest that Palantir will relatively outperform Snowflake-mainly because even after a substantial valuation compression, Snowflake shares are still the most expensive name in the IT space in terms of EV/S by a fairly substantial margin. Just to make that point abundantly clear, Snowflake shares, as of the close on Friday, May 21thhad an EV/S ratio based on forward revenues of 53.5X; the next two highest ratios in my coverage universe were those of Bill.com (BILL) at 36.5X and Cloudflare (NET) at 35.9X. Meanwhile, Palantir shares currently sell for an EV/S of 25.5X.</p>\n<p>There are certainly flaws in the investment merits of both companies. I have presented a quantitative model that attempts to deal with the difference in growth rates for the two companies at the present time. But I would be the last analyst on the planet to suggest that I have some crystal ball. I really have no specific way of addressing the potential growth of Snowflake over the next 4 years. I feel reasonably comfortable in suggesting that my use of $1.2 billion for SNOW revenue over the coming 4 quarters is supported both by qualitative comments made by company management and by using sequential quarterly growth estimates that are consistent with recent history. Further, the company’s RPO balance grew to $1.3 billion, up 213% for the year and its DBE ratio was 168%. The RPO balance actually rose by 44% sequentially the latest reported quarter, after rising by 35% sequentially the prior quarter, and the sequential growth in revenues was 19% for the quarter compared to 20% the prior quarter. Given all of those statistics, I felt that forecasting $1.2 billion for the next 4 quarters, compared to the company’s forecast of about $1075 million for the current (2021) year made sense.</p>\n<p>But when it comes to supporting a CAGR of 70% for the 3 years after this one, I would acknowledge that it is somewhat of a guess-and a CAGR of that rate would be breaking new ground in terms of growth at scale. I will be reviewing some of the reasons for the company’s exceptional growth opportunities below-but those specifics are simply not going to allow me, or anyone else, to determine if the most reasonable CAGR is 50% or 70% or some other number. I have yet to see a 3 year CAGR of 70% for a company of this scale. But given that I anticipate that the first year in the forecast period will be nearly 100%, then 70% growth is quite likely and allows for slowing growth as the company’s scale approaches and exceeds a $6 billion revenue run rate.</p>\n<p>Not terribly surprisingly,many analysts rate SNOW shares&nbsp;as a hold although some percentage do rate it as a buy. The issue is almost entirely one of valuation-with a current EV/S of 54X based on the share price of May 28th, at least a plurality of analysts are forecasting some level of multiple compression; it makes price target setting a fraught undertaking.</p>\n<p>There is, perhaps a bit more murkiness, when it comes to evaluating Palantir’s multi-year CAGR and that is a function of the long standing comment of by the CEO, “Per long-term guidance policy, as provided by our Chief Executive Officer, Alex Karp, we continue to expect:</p>\n<ul>\n <li>Annual revenue growth of 30% or greater for 2021 through 2025.”</li>\n</ul>\n<p>This comment appears regularly as part of the guidance section in the quarterly earnings release-just my opinion-but I think the company ought to drop the statement or revise it to take some account of what appears to be happening in the market.</p>\n<p>In turn, this has led to consensus forecast that have 2022 revenues rising by just 30%. It should be reasonably obvious that no one owning the shares can believe such a forecast and analysts who recommend the shares can’t really do so with a straight face using a 30% revenue growth estimate.</p>\n<p>That said, Palantir shares certainly don’t have a&nbsp;particularly strong consensus rating&nbsp;compared to many other enterprise software names. First Call suggests that on average the rating is between a hold and an underperform. At the moment, however, only 7 ratings and 8 estimates are being reported to First Call. Most estimates were raised in the wake of the latest earnings report.</p>\n<p>As subscribers are aware, when I try to triangulate some kind of buy/sell hold rating for shares by using some combination of expected future growth rates coupled with free cash flow margins. But in order to even guess responsibly at what a growth rate for a company in the space might be, I try to use some expectation of how the solutions offered are going to create positive ROI for users.</p>\n<p>I will cover below my expectations in that regard but I really see no reason to believe that any long term growth estimate of less than 40% for Palantir is well founded. The company has a rather wide variety of solutions and users seem to be achieving more than acceptable ROI’s when implementing what they have bought. The key to maintaining growth at greater than 40% is self-evidently the market opportunities that are outside of the company’s efforts in its Federal vertical.</p>\n<p>As mentioned, there were some signs of progress last quarter with growth in the US Commercial space reaching 72%. I imagine, however, that many observers and stakeholders might be concerned that the growth in US government revenues which reached 83% last quarter is unlikely to be duplicated in coming periods. Overall, the growth in commercial deal value, after adjustments for duration, was 76%. Overall, the company got $208 million or 61% of its revenues from government entities while the other 39% of its revenues came from commercial customers.</p>\n<p>Before leaving the subject of risk, and perhaps being guilty of restating the obvious, the shares of both companies will perform poorly in a period of rotation favoring value names, and will perform rather well if the rotation favors growth names. Because of their valuation, the shares of these companies will be strongly correlated with the performance of an index of Cloud stocks, so called, such as CLOU until either or both start to generate substantial and sustained free cash flow margins that will start to change the valuation paradigm substantially.</p>\n<p><b>What does Palantir offer its users and how is that resonating in the market?</b></p>\n<p>What I would like to do-but which is not totally feasible-is to run through Palantir’s products and solutions to try to build a reasonable model that supports 40%+ growth. But this company has a multiplicity of platforms in discrete areas, and many more solutions so about all I am going to be able to do is touch the highlights and competition of the areas in which the company competes.</p>\n<p>Palantir offers 3 major product categories. These include&nbsp;Gotham, Foundry and Apollo.I imagine that Foundry is the best known product set offered by Palantir. Foundry is a data integration platform. There are many companies in this space including Boomi, Informatica, MuleSoft/Salesforce (CRM), Oracle (ORCL), Talend (TLND), Tableau/Salesforce and Alteryx (AYX). The data integration market has a relatively pedestrian growth forecast of a bit less than 8% although its size, estimated to be over $11 billion by 2026, is a worthwhile target. How does Palantir stack up? Here is a review of Palantir when compared to the leading data integration platform, Informatica Power Center:Compare Informatica PowerCenter vs Palantir Foundry. From a product perspective, there is nothing striking that would allow Palantir to gain a huge amount of market share in the commercial space.</p>\n<p>Gotham is the heart of the Palantir franchise and the company continues to enhance the platform. While the linked description of the latest launch probably reads a bit like science fiction:Palantir Gotham | 21 Launch, the fact is that in terms of forecasting growth, this is probably where an analyst needs to start. Gotham is essentially big data analytics-with a full panoply of bells and whistles. The Gotham platform is designed to integrate structured data that is contained in rows and columns, as well as unstructured data such as emails, images and videos. It is basically a sophisticated query tool, and may be thought to be competitive with Elastic’s search technology. Here is a competitive analysis of the two solutions:Palantir Gotham.</p>\n<p>The data that is collected using Gotham is integrated and then is mapped into what are meaningfully defined objects-enhanced by the relationships that connect them. From that point, the data is tagged, secured and tracked.</p>\n<p>Gotham is the heart of Palantir’s government practice in that it is often used by agencies looking to “find bad actors hiding in complex networks.” It is the elaboration of that technology that I believe is driving the extremely strong growth of Palantir’s government business, and with the recent breaches at&nbsp;Colonial Pipelineand through SolarWinds (SWI)&nbsp;hack, coupled with aggressive remediation/security efforts, I believe that the very strong growth rates seen by Palantir in its Federal business are likely to continue and remain at hyper-growth levels for some years to come.</p>\n<p>There are many interesting use cases for Gotham that highlight its versatility. The following link shows a variety of use cases as one scrolls through the article:Palantir: Transforming the way organizations use data - CTOvision.com. While the CAGR for big data analytics as projected in the linked study is only around 11%, the size of the space, relative to the size of Palantir is so substantial as to suggest that forecasting hyper growth is quite reasonable:Big Data and Business Analytics Market Size, Share | 2027. There are going to be many winners and leaders in the big data analytic market. Many enterprises are going to roll their own, using some 3rdparty tools such as those on offer from Elastic, for example. Some users will take advantage of the current offering from low code/no code vendors to facilitate building their own applications from the ground up. But the available market for Gotham is still an opportunity many times the current size of Palantir and looking at all of the problems it can solve perhaps gives readers some sense of why I find it reasonable to believe that Palantir will reach $5 billion in revenues over the coming 4 years.</p>\n<p>Apollo is the 3rdmajor platform offered by Palantir although it is more of an enabling technology that is most often used in conjunction with both Gotham and Foundry. It is said to enable the use of SaaS applications where no SaaS applications have gone before.</p>\n<p>Here is a link to a 3rdparty review of the technology:Palantir Apollo. It is because of Apollo, and its ability to deliver software securely into just about any conceivable location from a battlefield to a submarine, that has enabled the company to win some major deals with the US Government customers and particularly the military and security agencies. Here is a link to a specialist 3rdparty consultant that follows technology trends and market share gains and losses amongst vendors to the US government:Competitor highlights: Palantir.</p>\n<p>At the moment, the market addressed by Apollo is not well defined, and there are no publicly available statistics on the size or growth of the space. What I can suggest, is that Apollo is a key differentiator for the company and that the technology is a key factor in the success that the company has had and will likely continue to have in selling to the government and to some commercial enterprises as well.</p>\n<p>Overall, Palantir’s products are aimed at high-end enterprise users. Typical sales are going to be in the millions of dollars, even when looking at the commercial market. Here is a current analysis of prices that Palantir is charging:Palantir Gotham Pricing.</p>\n<p>Many readers will be familiar with the Palantir story; others will not. This is not intended to be a detailed evaluation of the various solution sets that are offered by the company, but might serve to illuminate the likely growth drivers the company has put in place that should resonate strongly with users over the next several years. Palantir advertises solution capabilities in 20 specific areas. I have linked to the solution directory the company presents:Solutions. It would be difficult to categorize the solutions in any meaningful sense.</p>\n<p>Like many software companies at this point, Palantir offers AI capabilities as part of its stack. Whether the form of AI offered by Palantir is better than many other implementations of AI that are nowadays used for many different purposes is not readily determinable.</p>\n<p>These days there are a number of AI focused vendors whose shares have attracted interest. Perhaps the most prominent of these is C3.ai (AI). I think that Palantir’s differentiation is the use cases in which its form of AI is embodied in a specific solution that can create rapid time to benefit for many users. Indeed, I think the fact that Palantir already has a multiplicity of use cases that are based on AI technology coupled with deep learning is one of the reasons that I feel comfortable in forecasting 40%+ growth over some years.</p>\n<p>Overall, I think that the scope of the technology and the success that the company has had in translating that technology into usable solutions for both government and commercial users is likely to enable Palantir to maintain growth of above 40% for sometime into the future.</p>\n<p><b>Why has Snowflake become the fastest growing software companies at scale?</b></p>\n<p>Again, I assume that many readers will be familiar with the Snowflake story and others will not. The key to making a successful investment in Snowflake is not the fact that it is the fastest growing company in the enterprise software space, but in determining just how long that happy state can last, and the ramp that the company will achieve in terms of developing a consistent free cash flow margin. And while I do not purport to be a fortune teller, or even aspire to such a capability, I think looking at the solutions offered by Snowflake can help investors determine just what a long term CAGR might be.</p>\n<p>Here I have linked to a publication from Snowflake called “Data Cloud for Dummies.” I certainly am not intending to cast aspersions on the intellectual prowess of subscribers and general readers, but for those looking for a very quick synopsis of the company’s capabilities and what customers do with Snowflake implementations, this is a go to reference manual:The Data Cloud for Dummies | Snowflake. Most everything an investor might need to know about the Snowflake product offering and differentiation is contained in these few pages. Indeed, investors will not have to read all of this handbook to figure out who is using Snowflake, the benefits they are achieving from deploying the product and the value and capabilities a user can get from using the Snowflake data cloud. Most of that material can be seen on pgs. 18-20 while some selected use cases are described on pgs. 29-41. Most of the rest of the handbook describes how to use the Snowflake data cloud which is not really going to help readers figure out why Snowflake’s revenues and its bookings are rising at triple digit rates.</p>\n<p>The Data Cloud allows users to do many of the things with data that consultants and most IT staff members have wanted to accomplish for the last decade or more. One of the most important attributes of the Data Cloud is its ability to unite siloed data so that organizations can discover what they have and securely share the now governed data. If this sounds something like the data integration capabilities offered by Palantir and others, it is because it is-although the technology is quite a bit different, and with Snowflake everything is cloud native-there is no equivalent to Apollo.</p>\n<p>While security has to be a component of what everyone does with data these days-the Snowflake solutions are more about access and sharing with security as part of the solution while Palantir starts with data security. It is more a matter of emphasis than functionality. I have linked here to an interesting thread that compares the two solutions-note carefully that the initiator of this thread is an original investor in Palantir and needless to say has a viewpoint relative to the merits of the two companies that would be disputed by many:Palantir Tech Platforms vs Snowflake</p>\n<p>Snowflake has plenty of competitors and that has been the case for many years. Many of its wins are competitive displacements and it usually has to battle one or more of the big 3 cloud vendors to secure a deal. The mega-cap cloud companies all offer capabilities that users generally evaluate before choosing Snowflake. Specifically, Google(NASDAQ:GOOG)(NASDAQ:GOOGL)Big Query, Amazon (AMZN) Red Shift and Microsoft (MSFT) Azure SQL Server are competitors. Here is a link by a 3rdparty comparing Google and Snowflake. Essentially, Snowflake is considered the winner:Snowflake vs. BigQuery</p>\n<p>Here is a link comparing Snowflake with Amazon Redshift. I think it is fair to synthesize the comparison with a view that for users with an all-cloud environment, and who have not become overly dependent on Amazon, Snowflake offers a better alternative, although the competition is less unequal than would be the case in looking at Google vs. Snowflake:Redshift vs Snowflake: 6 Key Differences.</p>\n<p>Finally, there is the comparison of Snowflake vs. Microsoft Azure. Here the review linked didn’t reach a conclusion. What I think comes through, however, is that the perception is that Snowflake provides higher performance with some critical database features. In any event, in terms of user reviews: Snowflake was a winner:Redshift vs Snowflake: 6 Key Differences.</p>\n<p>Cloud data warehousing is a high growth area-it is essentially the future of most data storage: although hybrid solutions will remain a popular choice. See this link for the reason for the transformation:Cloud Data Warehouse is The Future of Data storage.</p>\n<p>According to a couple of market research vendors, the cloud storage market is likely to achieve a CAGR in the low 20% range for the next several years. The available market is forecast to reach $137 billion at the end of the period. Given the strong user ratings for SNOW, its competitive advantages vis-à-vis the largest competitors, the perception of the company’s functionality in the market and the track record of the company’s leader in past competitive situations, I don’t think the forecast of a multi-year CAGR of 70% is all that much of a stretch.</p>\n<p>I expect that the Snowflake earnings which will be reported while this article is in the review process to significantly exceed the consensus forecast which is for quarterly revenues of $213 million and an EPS loss of $.16. The current consensus calls for sequential growth of just 10% and that seems to be more or less of a sandbag. I see no reason to expect such a muted growth level-either in the reported quarter or in the near future. But that said, much of the enviable performance that Snowflake has achieved, and is likely to achieve going forward is already priced into the shares.</p>\n<p><b>Wrapping up: Palantir or Snowflake?</b></p>\n<p>Both Snowflake and Palantir have created advanced IT solutions for their clients. Snowflake has been able to leverage its technology more successfully than Palantir to achieve unheard of growth rates. Part of that is clearly a testament to the leadership of Frank Slootman and his competitive ethos. Part of it is a function of history.</p>\n<p>Just judging by the number of articles on SA, and their generally positive tenor, there are some who feel that users can do more with Palantir’s set of solutions than has been done with Snowflake. Palantir has been designed to be used by government agencies and AI is at the core of the offering. That is somewhat different from Snowflake. The key to Palantir’s ability to achieve hyper growth for years into the future will be the success it has in terms of the commercial market and in non-US geos. The results the company recently reported certainly provide a level of comfort in that regard.</p>\n<p>The key to Snowflake’s continued success will be its continued success in sales execution. Given that the effort is now lead by a very resourceful and aggressive CFO, Frank Slootman, I expect big things.</p>\n<p>As mentioned, I think it’s inevitable that both Snowflake and Palantir will become major IT vendors over time. Unfortunately-what I think, is obviously also thought by many major investors in the IT space. Neither Palantir or Snowflake is likely to be the next Tesla with a valuation more or less unrelated to operational fundamentals. I would never have chosen to write this article if I had much expectation of that kind of frenzy arising. These are both software companies and they can and will be valued by long term investors based on revenue growth and free cash flow generation.</p>\n<p>If I had to pick one investment between these two companies, it would be Palantir-simply because of valuation. But as President Lincoln once said in a far different context, “I do not have to choose either, I can simply leave [her]alone.” In this case the recommendation is to leave the shares alone and look for stronger returns. For those interested in such things-here is the link to President Lincoln’s comment:Fourth Debate: Charleston, Illinois – Lincoln Home National Historic Site (U.S. National Park Service). And at the end of the day, that is my conclusion-find investments in the space with greater percentage upside potential.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir Vs. Snowflake: Which Is The Better Buy For Long-Term Investors?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nPalantir Vs. Snowflake: Which Is The Better Buy For Long-Term Investors?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 14:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432000-palantir-stock-vs-snowflake-better-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nBig data analytics and decisioning is one of the cornerstones of the digital transformation revolution sweeping through much of the IT firmament.\nThe two leading companies in providing the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432000-palantir-stock-vs-snowflake-better-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake","PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4432000-palantir-stock-vs-snowflake-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187518687","content_text":"Summary\n\nBig data analytics and decisioning is one of the cornerstones of the digital transformation revolution sweeping through much of the IT firmament.\nThe two leading companies in providing the building blocks for large data warehouses and for decisioning applications based on big data analytics are Palantir and Snowflake.\nBoth of these companies have already compiled enviable growth records; indeed, the growth Snowflake is enjoying is as rapid as any ramp I have ever seen.\nThe issue for investors is really not the likely success of these companies, or the fact that they are down a great deal from recent post IPO valuations. The issue is their current valuation and future growth.\nMy conclusion, based solely on valuation, is that Palantir will provide a somewhat greater return than Snowflake over the coming years. But in neither case is it likely that long term returns can rise beyond the teens.\n\nPhoto by DKosig/E+ via Getty Images\nA sharp sector rotation affords long-term investors with opportunities not often encountered!\nIt will probably come as no surprise to most readers that the last 3 months have been marked by a very strong sector rotation away from high-growth, high value names to cyclical/reopening names. Even some of the strongest companies have seen their valuations eviscerated over that period. The culprit for the rotation is investor concern with both prior valuations and investor concern about spikes in inflation leading to interest rate increases. The valuation compression is even sharper than it may appear on the surface. Not only are share prices down, but revenue estimates and operational performance are showing very strong positive trends. In most cases, EV/S ratios have fallen by 25% or more and in a few cases the fall has been 50% and even greater. Much like a lake which is plagued by drought, this valuation compression has made visible several islands of opportunity.\nThis is not an article about sector rotation per se, or about the valuation of tech names per se. Have the last several days of trading been a harbinger that sector rotation is ending, or was it simply a long awaited response to several days of extreme valuation compression in the tech space? At some point, the combination of falling share prices and rising growth rates for revenues and free cash flow will obviously lead to a reversal-but lacking 2ndsight, I have to leave that vexed question to others.\nOne of my favorite components of Lincoln’s 2ndinaugural address is the ringing phrase, “fondly do we hope, fervently do we pray.” Now the President was talking about the passing of the scourge of war, and I am writing about the end of a sector rotation. But it has been a difficult period that has scourged the portfolios of many investors and I do hope it will pass away soon.\nOne of the several artifacts of what some might call “The Great Sector Rotation” has been the emergence of several growth names that had been un-investible due to valuation for months or since they became public. This article is focused on two such names, Palantir(NYSE:PLTR)and Snowflake(NYSE:SNOW). These are names that are prominent in the IT space. are amongst the leaders in the Big Data/Analytics space and which have generated remarkable interest amongst many investors and readers of SA. Both of them are quite exceptional companies-but I don’t think either is a particularly remarkable investment. That said, at current valuations (I am using share prices as of 5/24 to calculate my valuation relationships), both of these names can potentially provide investors modest-but double digit long term returns. That is usually less than many tech investors find acceptable-but the visibility and relative stability of both of these companies is an unquantifiable intangible that some may find particularly attractive. Again, entirely based on valuation, and no other factor, Palantir is a more attractive investment-although the calculated return difference compared to Snowflake isn’t huge. Obviously, it is the CAGR differential between businesses that make it so difficult for an observer to make an unqualified choice.\nI want to make clear than when asked for a choice between these two names, my first response would be neither. There are simply better choices in the IT world as potential investments. Investors have a wide choice of names in the space in the wake of the valuation compression and there are different attributes associated with these names.\nFor those investors looking for my choices in the high growth/high valuation segment, I would recommend CrowdStrike (CRWD), Datadog (DDOG). Zscaler (ZI) and ZoomInfo (ZI). Could Snowflake make this list-possibly because it certainly has the highest CAGR of any of the names that I follow. But even using what is essentially a 4 year CAGR of 70% to reach a terminal sales level of more than $6 billion, and a terminal growth rate in the mid-thirty percent range still does not produce super returns for Snowflake because it is hard to do so when the starting point is a valuation of 53X EV/S (as of the close on Monday, May 24th). And forecasting that a company with a $6 billion run rate to continue growth in the mid-30% range is certainly a bit of a reach-although the market that SNOW addresses is enormous and growing.\nFor investors looking for a combination of growth coupled with less than average valuation in terms of their EV/S ratio, choices include names such as Upstart (UPST). Affirm (AFRM), Asana (ASAN), Elastic (ESTC), Wix (WIX) and Jamf (JAMF). Some investors are looking for names with very high free cash flow margins. Here choices include Atlassian (TEAM), Dynatrace (DT), Veeva (VEEV), Microsoft (MSFT) and Adobe (ADBE). Many investors would choose to use some kind of combination of free cash flow margin + growth rate in compiling a buy list. Here, the regnant champion is ZoomInfo (ZI) but perhaps Palantir makes the list-depending on whether the free cash flow metric achieved last quarter was an outlier or represented the start of a trend. Trade Desk (TTD), in the wake of its recent share price compression of 40% since mid-February would also be on this list.\nSome investors look for bargains amongst fairly IPO’s. There are some bargains now to be seen in that sector such as Affirm and also nCino (NCNO) and perhaps Jamf. These are companies whose price action after the IPO took their valuations to unsustainable levels and which have now compressed to what appear to be bargains. I try to approach the recent IPOs with the same methodology as the rest of the names I follow. Inevitably, given the small number of shares in most IPOs, stock prices can subsequently reach dizzying levels as institutions, in particular, look to establish full positions that they were unable to create with an IPO allocation. But once that demand ceases, these names fall, and can do so to very compressed valuations.\nFinally, there are some investors who look for proverbial bargains by screening for percentage declines over some fixed period. That is not a methodology I favor. Many companies can be mis-priced in terms of valuation and so the fact that a name is down a particular percentage is of less importance to me, than how the companies score on EV/S valuation and free cash flow margins. I have seen many articles that focus on either Snowflake or Palantir because of their steep declines during and even before the sector rotation. While it is not uncommon for commentators to use a percentage decline as a screening point, my approach doesn’t value that technique. Specifically, there was no conceivable logical methodology that could have supported the peak valuations of either Snowflake or Palantir, so the fact that they have fallen substantially is not proof-at least to this writer-that they are now reasonably valued.\nI try not to be obsessively tied to formulas in creating a buy list for my own portfolio or for my recommendations. I am, admittedly, biased toward growth, but when I see a combination of growth and free cash flow margin, I can fall in love-at least figuratively. (Sort of like Daumier’s famous lithograph, “Fusion des Compagnies. Effusion des actionnaires. (Les Beaux Jours de la Vie), from Le Charivari, Honoré Daumier ^ Minneapolis Institute of Art. I use some combination of all approaches in compiling my own list of names that I think are buy rated. I don’t include any megacap names, more because I think their investment merits are well recognized and there isn’t too much in the way of value add that I might provide.\nTo repeat: both Palantir and Snowflake are and will remain remarkable businesses that are revolutionizing the way software is used in both government and commercial applications. Bringing storage to the cloud the way it is done by Snowflake is hastening digital transformation and making it easier to migrate workloads to the cloud-a significant priority for many-probably most enterprise users of IT. The combination of data integration, AI and search which enable users to find patterns and develop useful insights is achieving some of the more “Buck Rogerish” dreams of software engineers and ultimately all classes of users.\nBut having said that, it is still necessary to look at growth and cash flow to arrive at a valuation and while the valuation compression has led to opportunities, the opportunities are not of the once in a generation scale. Investors who want to own the best companies frequently are going to be asked to sacrifice some percentage upside to buy the best of the breed, and that is what I see here, regardless of my admiration of the offerings of both companies.\nOne thing to note: I would be greatly surprised if either Palantir or Snowflake will precisely look the way they do at this writing. They are going to wind up making acquisitions-I doubt that valuations and chemistry would allow either company to be acquired. Speculating about acquisitions is a fun parlor trick, but not something that can really be forecast with any degree of specificity. But one reason as to why I have suggested that these companies will continue to grow at elevated rates relates to my belief that there will be some element of inorganic revenue in the results of both companies 4 years from now.\nThe background of Snowflake and Palantir\nBoth of these businesses have been and remain high growth companies with strong technology moats and a host of the most prominent IT users in the world. Palantir reported recent results that swung strongly to free cash generation; SNOW is perhaps the fastest growing name I have seen at scale. And the shares of both companies have seen rather substantial compression. Since the rotation began in early/mid-February, shares of Snowflake have fallen as much as 39% before bouncing 11.5% on Friday, May 14th partially due to a new recommendation from the analyst at Goldman Sachs.Shares of Palantir had fallen as much as 53% before its bounce 9.3% on Friday May 14th.\nBoth of these companies seem destined to be major factors in the software over the course of the coming years. Over time, as they mature, I expect that both of these company’s will evolve highly profitable business models. Based strictly on the way I value companies, I find the shares of Palantir to be more attractive to investors than the shares of Snowflake-even though self-evidently, Snowflake is growing faster than Palantir. I believe that long-term investors will achieve a somewhat greater return investing in Palantir than in Snowflake-but the difference isn’t huge and speculating about an end-result 4 years from now is inevitably a fraught undertaking.\nI have been frequently asked by subscribers to my Ticker Target service. by investment advisory clients and by readers of SA articles to provide some opinion on both of these companies with a plurality inquiring about Palantir. For months, until now, I haven’t chosen to make much of a response given the valuations have been of a magnitude that made any kind of positive recommendation more faith based than logical.\nTrying to find a formula for relative valuations\nLet’s face it-trying to decide between the investment merits of two companies with a great base of IP, addressing hot spaces within the enterprise software space is a bit like handicapping the results of sporting events before the start of a season. There is loads of pure guesswork and less substance than most would like. Many analysts demur doing something like this-or if they are like me, they suggest to clients that there is no reason just to own a single name of this kind in a portfolio. I am going to attempt to present some qualitative as well as quantitative analysis-but in the nature of things it will be subjective.\nOne consideration is always management. Does either Palantir or Snowflake have better management?Frank Slootman of Snowflak eprobably has better bona fides than the Alex Karp, the CEO of Palantir- he has, after all , sold one company he founded, Data Domain to EMC for an incredible valuation and he guided Service Now to huge success, and in the process more or less ran over BMC Software which was one of the stalwarts of the enterprise software space for many years.\nThe CEO of Palantir is Alex Karp and he co founded the company 17 years ago. He has a host of beliefs that many might consider outside of the mainstream, especially for a company that makes a living selling to the US government and particularly the US military. He has been described as eccentric and I imagine that any self-professed socialist who has built a net worth of almost $2 billion is likely to have an unusual set of values. The fact that he keeps Tai Chi swords in his office-which at times can be in a barn in New Hampshire-while not entirely abnormal amongst tech entrepreneurs, is more than a bit different than the background of Mr. Slootman.\nBut company’s such as Palantir are run by teams and there are some extraordinary players on Palantir’s team.Peter Thiel,well known as a co-founder of PayPal (PYPL) and one of the first outside investors in Facebook, also co-founded Palantir and remains on the board. So too,is famed tech investor, Joe Lonsdale who recently said that:\n\n “As a director of a public co there are regulations about what you can say – you’re discouraged from speaking up & nobody does in our risk-averse society. But #’s came out yesterday and were misunderstood… we are going to crush the shorts / I am extremely bullish.\"\n\nI am not quite sure why Mr. Lonsdale felt that the quarterly results were misinterpreted. Palantir was caught up in a tech rout on the day after its earnings were released. It was just reflecting the sector rotation that has marked much trading in these names .\nFinally,there is Stephen Cohen,another co-founder of Palantir and currently an Executive VP of the company. Famously, at the ripe age of 23, he has been credited with writing the initial prototype of the Palantir platform in all of 8 weeks.\nAs must people who know me would agree, I am a somewhat desiccated older curmudgeon, whose acceptance of eccentricities is perhaps less than it should be. But overall, I believe that in evaluating these two companies, there is not all that much to choose. It is a bit easier to conclude that Snowflake has a management structure that will lead to better investor returns simply because of the track record of the CEO. But Peter Thiel and Joe Lonsdale have made themselves billions and those along for their various rides have done quite well. I can wish that there was less mystery surrounding some parts of the Palantir business, but at the end of the day, I don’t think an investment decision between these two names can be made based on differences in management capabilities.\nLike most other analysts, I try to look at relative valuations in making a recommendation. The fact is that Snowflake still has the highest 12 month forward EV/S ratio of any name I follow, and that valuation is based on a revenue estimate of $1.2 billion. That is a forecast for growth of just over 100% for the next 12 months-and about 10% above the current published consensus for the same period. Despite the forecast for triple digit growth, I wouldn’t find it terribly surprising for Snowflake to continue to exceed estimates-the momentum in its space is just that strong.\nEssentially the problem I have with recommending Snowflake shares is just how much the company will have to grow in order to justify the current valuation-even after the huge haircut of recent months. I have used a 3 year forward CAGR estimate of 70%-I think that is reasonable, if growth this year is over 100% as seems likely.\nSnowflake in its latest reported quarter started to generate free cash flow. To do so, however, it needed to have an enormous growth in its deferred revenue balance-a result that is partially seasonal as its clients renew their agreements. I expect SNOW to generate a modest level of free cash flow in its current year, but that is not going to be a sufficient reason to recommend the shares. In order to generate 70% revenue growth over several years, I anticipate that the company’s ability to generate a substantial free cash flow margin will be challenging. The company will simply have to continue to make outsize investments in sales and marketing and research and development. I imagine that some of that will continue to be part of the company culture even looking out several years; I would not anticipate anything more than average cash flow margins by that time-and those margins could easily be less than average.\nIn any event, using a multi-year CAGR of 70%-and then starting the compounding from the base of $1.2 billion of revenues that I anticipate for the current year produces a terminal revenue estimate of about $5.9 billion. I assume that this company will still be enjoying hyper growth at the end of the period-just not at the current elevated levels. I think using a terminal growth rate of 35% is reasonable and even after valuation compression, the average EV/S for that growth rate is 16X. So, that might suggest that the enterprise value for Snowflake 4 years from now ought to be about $94 billion-the enterprise value as of the close on Friday was $56 billion, or thereabouts. That works out to a 14% annualized return. That is certainly far better than such a calculation might recently have been, and far greater than any assumed inflation rate I have seen…but I wonder if it is enough for most investors who are usually looking for something more to be properly compensated for risk in investing in a name such as this.\nA comparable calculation for Palantir starts with estimated revenues of $1.8 billion for the next 12 months. This estimate was revised based on the results that the company reported on 5/11/21. That is considerably greater than the currently published consensus-for 2021 of $1.47 billion-but my estimate goes out an additional quarter and is not burdened by the adherence to the company’s rather mechanical guidance of “greater than 30% for the foreseeable future” which has been the mantra of the company CEO, and which is used by many analysts as a substitute for preparing their own set of expectations.\nLast year, the company reported a 47% growth in revenues and had forecast a 45% growth in revenues for Q1. Q1 revenue growth came to 49%; the company is forecasting 43% revenue growth year on year in the current quarter but given the rather muted sequential growth implied in that forecast (5.6%), I believe it will be exceeded by some noticeable amount. The company reported a free cash flow margin of 34%, a very dramatic change from the negative free cash flow margin reported in 2020.\nWhile the company saw a decline in its deferred revenue balance in Q1, the more inclusive metric of remaining performance obligation rose by 4.7% sequentially, which is a strong performance given the typical seasonal decline usually seen in that metric in Q1.Overall, calculated billings were up 248% year on year and the year on year increase in the RPO balance came to 129%. These are, in my opinion, strong indicators for future growth.\nSince the time that Palantir became a public company, it has been criticized for the slow growth of its commercial business compared to its government business. But in the last quarter, the company’s US commercial business finally showed some decent growth of 72%. I will cover this subject more fully later on in this article.\nIn any event, I have chosen to use a 3 year forward CAGR of 42% in evaluating Palantir, based more on its historical growth than some special knowledge about how fast it might grow. Because of the multiplicity of products and solutions that are enabled by Palantir’s platforms, it can be a bit more difficult to estimate a longer term growth rate than would be the case when dealing with a company whose revenues are coming from a more targeted focus. In any event, using a 42% CAGR, and my current estimate for 12 month forward revenues yields a run -rate estimate 4years out of greater than $5.2 billion. My guess, and I make no representation that it is more than that, is that the company will be still growing in the low 30% range at that point, with a free cash flow margin of greater than 20%.Just to be clear, the cash flow results seen last quarter, while perhaps not enough to suggest a trend, are certainly suggestive of a business model that is potentially very profitable. Taking the estimated cash flow generation into account, the CAGR that I am estimating for Palantir is currently worth an EV/S of about 16X-17X looking at the average EV/S metric for a low 40% growth estimate. In turn, this leads to an enterprise value forecast of about $86 billion compared to last Friday’s enterprise value of $$44.5 billion. This suggests a 4 year return of about 18% compounded, somewhat better than the rate of return I calculate for Snowflake. Snowflake’s elevated valuation simply makes it very difficult to realistically project exceptional long-term returns-even though in many ways Snowflake is an exceptional company operating in an exceptional market.\nWhere the analysis could be off and what are the risks?\nThis article is basically about which of the two names I would rather hold or invest in for the long-term. It isn’t a terribly obvious choice-although the numbers, as I see them, suggest that Palantir will relatively outperform Snowflake-mainly because even after a substantial valuation compression, Snowflake shares are still the most expensive name in the IT space in terms of EV/S by a fairly substantial margin. Just to make that point abundantly clear, Snowflake shares, as of the close on Friday, May 21thhad an EV/S ratio based on forward revenues of 53.5X; the next two highest ratios in my coverage universe were those of Bill.com (BILL) at 36.5X and Cloudflare (NET) at 35.9X. Meanwhile, Palantir shares currently sell for an EV/S of 25.5X.\nThere are certainly flaws in the investment merits of both companies. I have presented a quantitative model that attempts to deal with the difference in growth rates for the two companies at the present time. But I would be the last analyst on the planet to suggest that I have some crystal ball. I really have no specific way of addressing the potential growth of Snowflake over the next 4 years. I feel reasonably comfortable in suggesting that my use of $1.2 billion for SNOW revenue over the coming 4 quarters is supported both by qualitative comments made by company management and by using sequential quarterly growth estimates that are consistent with recent history. Further, the company’s RPO balance grew to $1.3 billion, up 213% for the year and its DBE ratio was 168%. The RPO balance actually rose by 44% sequentially the latest reported quarter, after rising by 35% sequentially the prior quarter, and the sequential growth in revenues was 19% for the quarter compared to 20% the prior quarter. Given all of those statistics, I felt that forecasting $1.2 billion for the next 4 quarters, compared to the company’s forecast of about $1075 million for the current (2021) year made sense.\nBut when it comes to supporting a CAGR of 70% for the 3 years after this one, I would acknowledge that it is somewhat of a guess-and a CAGR of that rate would be breaking new ground in terms of growth at scale. I will be reviewing some of the reasons for the company’s exceptional growth opportunities below-but those specifics are simply not going to allow me, or anyone else, to determine if the most reasonable CAGR is 50% or 70% or some other number. I have yet to see a 3 year CAGR of 70% for a company of this scale. But given that I anticipate that the first year in the forecast period will be nearly 100%, then 70% growth is quite likely and allows for slowing growth as the company’s scale approaches and exceeds a $6 billion revenue run rate.\nNot terribly surprisingly,many analysts rate SNOW shares as a hold although some percentage do rate it as a buy. The issue is almost entirely one of valuation-with a current EV/S of 54X based on the share price of May 28th, at least a plurality of analysts are forecasting some level of multiple compression; it makes price target setting a fraught undertaking.\nThere is, perhaps a bit more murkiness, when it comes to evaluating Palantir’s multi-year CAGR and that is a function of the long standing comment of by the CEO, “Per long-term guidance policy, as provided by our Chief Executive Officer, Alex Karp, we continue to expect:\n\nAnnual revenue growth of 30% or greater for 2021 through 2025.”\n\nThis comment appears regularly as part of the guidance section in the quarterly earnings release-just my opinion-but I think the company ought to drop the statement or revise it to take some account of what appears to be happening in the market.\nIn turn, this has led to consensus forecast that have 2022 revenues rising by just 30%. It should be reasonably obvious that no one owning the shares can believe such a forecast and analysts who recommend the shares can’t really do so with a straight face using a 30% revenue growth estimate.\nThat said, Palantir shares certainly don’t have a particularly strong consensus rating compared to many other enterprise software names. First Call suggests that on average the rating is between a hold and an underperform. At the moment, however, only 7 ratings and 8 estimates are being reported to First Call. Most estimates were raised in the wake of the latest earnings report.\nAs subscribers are aware, when I try to triangulate some kind of buy/sell hold rating for shares by using some combination of expected future growth rates coupled with free cash flow margins. But in order to even guess responsibly at what a growth rate for a company in the space might be, I try to use some expectation of how the solutions offered are going to create positive ROI for users.\nI will cover below my expectations in that regard but I really see no reason to believe that any long term growth estimate of less than 40% for Palantir is well founded. The company has a rather wide variety of solutions and users seem to be achieving more than acceptable ROI’s when implementing what they have bought. The key to maintaining growth at greater than 40% is self-evidently the market opportunities that are outside of the company’s efforts in its Federal vertical.\nAs mentioned, there were some signs of progress last quarter with growth in the US Commercial space reaching 72%. I imagine, however, that many observers and stakeholders might be concerned that the growth in US government revenues which reached 83% last quarter is unlikely to be duplicated in coming periods. Overall, the growth in commercial deal value, after adjustments for duration, was 76%. Overall, the company got $208 million or 61% of its revenues from government entities while the other 39% of its revenues came from commercial customers.\nBefore leaving the subject of risk, and perhaps being guilty of restating the obvious, the shares of both companies will perform poorly in a period of rotation favoring value names, and will perform rather well if the rotation favors growth names. Because of their valuation, the shares of these companies will be strongly correlated with the performance of an index of Cloud stocks, so called, such as CLOU until either or both start to generate substantial and sustained free cash flow margins that will start to change the valuation paradigm substantially.\nWhat does Palantir offer its users and how is that resonating in the market?\nWhat I would like to do-but which is not totally feasible-is to run through Palantir’s products and solutions to try to build a reasonable model that supports 40%+ growth. But this company has a multiplicity of platforms in discrete areas, and many more solutions so about all I am going to be able to do is touch the highlights and competition of the areas in which the company competes.\nPalantir offers 3 major product categories. These include Gotham, Foundry and Apollo.I imagine that Foundry is the best known product set offered by Palantir. Foundry is a data integration platform. There are many companies in this space including Boomi, Informatica, MuleSoft/Salesforce (CRM), Oracle (ORCL), Talend (TLND), Tableau/Salesforce and Alteryx (AYX). The data integration market has a relatively pedestrian growth forecast of a bit less than 8% although its size, estimated to be over $11 billion by 2026, is a worthwhile target. How does Palantir stack up? Here is a review of Palantir when compared to the leading data integration platform, Informatica Power Center:Compare Informatica PowerCenter vs Palantir Foundry. From a product perspective, there is nothing striking that would allow Palantir to gain a huge amount of market share in the commercial space.\nGotham is the heart of the Palantir franchise and the company continues to enhance the platform. While the linked description of the latest launch probably reads a bit like science fiction:Palantir Gotham | 21 Launch, the fact is that in terms of forecasting growth, this is probably where an analyst needs to start. Gotham is essentially big data analytics-with a full panoply of bells and whistles. The Gotham platform is designed to integrate structured data that is contained in rows and columns, as well as unstructured data such as emails, images and videos. It is basically a sophisticated query tool, and may be thought to be competitive with Elastic’s search technology. Here is a competitive analysis of the two solutions:Palantir Gotham.\nThe data that is collected using Gotham is integrated and then is mapped into what are meaningfully defined objects-enhanced by the relationships that connect them. From that point, the data is tagged, secured and tracked.\nGotham is the heart of Palantir’s government practice in that it is often used by agencies looking to “find bad actors hiding in complex networks.” It is the elaboration of that technology that I believe is driving the extremely strong growth of Palantir’s government business, and with the recent breaches at Colonial Pipelineand through SolarWinds (SWI) hack, coupled with aggressive remediation/security efforts, I believe that the very strong growth rates seen by Palantir in its Federal business are likely to continue and remain at hyper-growth levels for some years to come.\nThere are many interesting use cases for Gotham that highlight its versatility. The following link shows a variety of use cases as one scrolls through the article:Palantir: Transforming the way organizations use data - CTOvision.com. While the CAGR for big data analytics as projected in the linked study is only around 11%, the size of the space, relative to the size of Palantir is so substantial as to suggest that forecasting hyper growth is quite reasonable:Big Data and Business Analytics Market Size, Share | 2027. There are going to be many winners and leaders in the big data analytic market. Many enterprises are going to roll their own, using some 3rdparty tools such as those on offer from Elastic, for example. Some users will take advantage of the current offering from low code/no code vendors to facilitate building their own applications from the ground up. But the available market for Gotham is still an opportunity many times the current size of Palantir and looking at all of the problems it can solve perhaps gives readers some sense of why I find it reasonable to believe that Palantir will reach $5 billion in revenues over the coming 4 years.\nApollo is the 3rdmajor platform offered by Palantir although it is more of an enabling technology that is most often used in conjunction with both Gotham and Foundry. It is said to enable the use of SaaS applications where no SaaS applications have gone before.\nHere is a link to a 3rdparty review of the technology:Palantir Apollo. It is because of Apollo, and its ability to deliver software securely into just about any conceivable location from a battlefield to a submarine, that has enabled the company to win some major deals with the US Government customers and particularly the military and security agencies. Here is a link to a specialist 3rdparty consultant that follows technology trends and market share gains and losses amongst vendors to the US government:Competitor highlights: Palantir.\nAt the moment, the market addressed by Apollo is not well defined, and there are no publicly available statistics on the size or growth of the space. What I can suggest, is that Apollo is a key differentiator for the company and that the technology is a key factor in the success that the company has had and will likely continue to have in selling to the government and to some commercial enterprises as well.\nOverall, Palantir’s products are aimed at high-end enterprise users. Typical sales are going to be in the millions of dollars, even when looking at the commercial market. Here is a current analysis of prices that Palantir is charging:Palantir Gotham Pricing.\nMany readers will be familiar with the Palantir story; others will not. This is not intended to be a detailed evaluation of the various solution sets that are offered by the company, but might serve to illuminate the likely growth drivers the company has put in place that should resonate strongly with users over the next several years. Palantir advertises solution capabilities in 20 specific areas. I have linked to the solution directory the company presents:Solutions. It would be difficult to categorize the solutions in any meaningful sense.\nLike many software companies at this point, Palantir offers AI capabilities as part of its stack. Whether the form of AI offered by Palantir is better than many other implementations of AI that are nowadays used for many different purposes is not readily determinable.\nThese days there are a number of AI focused vendors whose shares have attracted interest. Perhaps the most prominent of these is C3.ai (AI). I think that Palantir’s differentiation is the use cases in which its form of AI is embodied in a specific solution that can create rapid time to benefit for many users. Indeed, I think the fact that Palantir already has a multiplicity of use cases that are based on AI technology coupled with deep learning is one of the reasons that I feel comfortable in forecasting 40%+ growth over some years.\nOverall, I think that the scope of the technology and the success that the company has had in translating that technology into usable solutions for both government and commercial users is likely to enable Palantir to maintain growth of above 40% for sometime into the future.\nWhy has Snowflake become the fastest growing software companies at scale?\nAgain, I assume that many readers will be familiar with the Snowflake story and others will not. The key to making a successful investment in Snowflake is not the fact that it is the fastest growing company in the enterprise software space, but in determining just how long that happy state can last, and the ramp that the company will achieve in terms of developing a consistent free cash flow margin. And while I do not purport to be a fortune teller, or even aspire to such a capability, I think looking at the solutions offered by Snowflake can help investors determine just what a long term CAGR might be.\nHere I have linked to a publication from Snowflake called “Data Cloud for Dummies.” I certainly am not intending to cast aspersions on the intellectual prowess of subscribers and general readers, but for those looking for a very quick synopsis of the company’s capabilities and what customers do with Snowflake implementations, this is a go to reference manual:The Data Cloud for Dummies | Snowflake. Most everything an investor might need to know about the Snowflake product offering and differentiation is contained in these few pages. Indeed, investors will not have to read all of this handbook to figure out who is using Snowflake, the benefits they are achieving from deploying the product and the value and capabilities a user can get from using the Snowflake data cloud. Most of that material can be seen on pgs. 18-20 while some selected use cases are described on pgs. 29-41. Most of the rest of the handbook describes how to use the Snowflake data cloud which is not really going to help readers figure out why Snowflake’s revenues and its bookings are rising at triple digit rates.\nThe Data Cloud allows users to do many of the things with data that consultants and most IT staff members have wanted to accomplish for the last decade or more. One of the most important attributes of the Data Cloud is its ability to unite siloed data so that organizations can discover what they have and securely share the now governed data. If this sounds something like the data integration capabilities offered by Palantir and others, it is because it is-although the technology is quite a bit different, and with Snowflake everything is cloud native-there is no equivalent to Apollo.\nWhile security has to be a component of what everyone does with data these days-the Snowflake solutions are more about access and sharing with security as part of the solution while Palantir starts with data security. It is more a matter of emphasis than functionality. I have linked here to an interesting thread that compares the two solutions-note carefully that the initiator of this thread is an original investor in Palantir and needless to say has a viewpoint relative to the merits of the two companies that would be disputed by many:Palantir Tech Platforms vs Snowflake\nSnowflake has plenty of competitors and that has been the case for many years. Many of its wins are competitive displacements and it usually has to battle one or more of the big 3 cloud vendors to secure a deal. The mega-cap cloud companies all offer capabilities that users generally evaluate before choosing Snowflake. Specifically, Google(NASDAQ:GOOG)(NASDAQ:GOOGL)Big Query, Amazon (AMZN) Red Shift and Microsoft (MSFT) Azure SQL Server are competitors. Here is a link by a 3rdparty comparing Google and Snowflake. Essentially, Snowflake is considered the winner:Snowflake vs. BigQuery\nHere is a link comparing Snowflake with Amazon Redshift. I think it is fair to synthesize the comparison with a view that for users with an all-cloud environment, and who have not become overly dependent on Amazon, Snowflake offers a better alternative, although the competition is less unequal than would be the case in looking at Google vs. Snowflake:Redshift vs Snowflake: 6 Key Differences.\nFinally, there is the comparison of Snowflake vs. Microsoft Azure. Here the review linked didn’t reach a conclusion. What I think comes through, however, is that the perception is that Snowflake provides higher performance with some critical database features. In any event, in terms of user reviews: Snowflake was a winner:Redshift vs Snowflake: 6 Key Differences.\nCloud data warehousing is a high growth area-it is essentially the future of most data storage: although hybrid solutions will remain a popular choice. See this link for the reason for the transformation:Cloud Data Warehouse is The Future of Data storage.\nAccording to a couple of market research vendors, the cloud storage market is likely to achieve a CAGR in the low 20% range for the next several years. The available market is forecast to reach $137 billion at the end of the period. Given the strong user ratings for SNOW, its competitive advantages vis-à-vis the largest competitors, the perception of the company’s functionality in the market and the track record of the company’s leader in past competitive situations, I don’t think the forecast of a multi-year CAGR of 70% is all that much of a stretch.\nI expect that the Snowflake earnings which will be reported while this article is in the review process to significantly exceed the consensus forecast which is for quarterly revenues of $213 million and an EPS loss of $.16. The current consensus calls for sequential growth of just 10% and that seems to be more or less of a sandbag. I see no reason to expect such a muted growth level-either in the reported quarter or in the near future. But that said, much of the enviable performance that Snowflake has achieved, and is likely to achieve going forward is already priced into the shares.\nWrapping up: Palantir or Snowflake?\nBoth Snowflake and Palantir have created advanced IT solutions for their clients. Snowflake has been able to leverage its technology more successfully than Palantir to achieve unheard of growth rates. Part of that is clearly a testament to the leadership of Frank Slootman and his competitive ethos. Part of it is a function of history.\nJust judging by the number of articles on SA, and their generally positive tenor, there are some who feel that users can do more with Palantir’s set of solutions than has been done with Snowflake. Palantir has been designed to be used by government agencies and AI is at the core of the offering. That is somewhat different from Snowflake. The key to Palantir’s ability to achieve hyper growth for years into the future will be the success it has in terms of the commercial market and in non-US geos. The results the company recently reported certainly provide a level of comfort in that regard.\nThe key to Snowflake’s continued success will be its continued success in sales execution. Given that the effort is now lead by a very resourceful and aggressive CFO, Frank Slootman, I expect big things.\nAs mentioned, I think it’s inevitable that both Snowflake and Palantir will become major IT vendors over time. Unfortunately-what I think, is obviously also thought by many major investors in the IT space. Neither Palantir or Snowflake is likely to be the next Tesla with a valuation more or less unrelated to operational fundamentals. I would never have chosen to write this article if I had much expectation of that kind of frenzy arising. These are both software companies and they can and will be valued by long term investors based on revenue growth and free cash flow generation.\nIf I had to pick one investment between these two companies, it would be Palantir-simply because of valuation. But as President Lincoln once said in a far different context, “I do not have to choose either, I can simply leave [her]alone.” In this case the recommendation is to leave the shares alone and look for stronger returns. For those interested in such things-here is the link to President Lincoln’s comment:Fourth Debate: Charleston, Illinois – Lincoln Home National Historic Site (U.S. National Park Service). And at the end of the day, that is my conclusion-find investments in the space with greater percentage upside potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110616600,"gmtCreate":1622448658400,"gmtModify":1704184568526,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110616600","repostId":"1198461252","repostType":4,"repost":{"id":"1198461252","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1622448179,"share":"https://ttm.financial/m/news/1198461252?lang=&edition=fundamental","pubTime":"2021-05-31 16:02","market":"sh","language":"en","title":"China announces three-child policy, in major policy shift","url":"https://stock-news.laohu8.com/highlight/detail?id=1198461252","media":"Reuters","summary":"China announced on Monday that married couples may have up to three children, a major policy shift f","content":"<p>China announced on Monday that married couples may have up to three children, a major policy shift from the existing limit of two after recent data showed a dramatic decline in births in the world's most populous country.</p><p>The change was approved during a politburo meeting chaired by President Xi Jinping, the official news agency Xinhua reported.</p><p>In 2016, China scrapped its decades-old one-child policy - initially imposed to halt a population explosion - with a two-child limit, which failed to result in a sustained surge in births as the high cost of raising children in Chinese cities deterred many couples from starting families.</p><p>\"To further optimise the birth policy, (China) will implement a one-married-couple-can-have-three-children policy,\" Xinhua said in a report on the meeting.</p><p>The policy change will come with \"supportive measures, which will be conducive to improving our country's population structure, fulfilling the country's strategy of actively coping with an ageing population and maintaining the advantage, endowment of human resources\", Xinhua said.</p><p>It did not specify the support measures.</p><p>Early this month, China's once-in-a-decade census showed that the population grew at its slowest rate during the last decade since the 1950s, to 1.41 billion.</p><p>Data also showed a fertility rate of just 1.3 children per woman for 2020 alone, on a par with ageing societies like Japan and Italy.</p><p>Also on Monday, China's politburo said it would phase-in delays in the country's retirement ages, but did not provide any details.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China announces three-child policy, in major policy shift</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\">\nChina announces three-child policy, in major policy shift\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-31 16:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>China announced on Monday that married couples may have up to three children, a major policy shift from the existing limit of two after recent data showed a dramatic decline in births in the world's most populous country.</p><p>The change was approved during a politburo meeting chaired by President Xi Jinping, the official news agency Xinhua reported.</p><p>In 2016, China scrapped its decades-old one-child policy - initially imposed to halt a population explosion - with a two-child limit, which failed to result in a sustained surge in births as the high cost of raising children in Chinese cities deterred many couples from starting families.</p><p>\"To further optimise the birth policy, (China) will implement a one-married-couple-can-have-three-children policy,\" Xinhua said in a report on the meeting.</p><p>The policy change will come with \"supportive measures, which will be conducive to improving our country's population structure, fulfilling the country's strategy of actively coping with an ageing population and maintaining the advantage, endowment of human resources\", Xinhua said.</p><p>It did not specify the support measures.</p><p>Early this month, China's once-in-a-decade census showed that the population grew at its slowest rate during the last decade since the 1950s, to 1.41 billion.</p><p>Data also showed a fertility rate of just 1.3 children per woman for 2020 alone, on a par with ageing societies like Japan and Italy.</p><p>Also on Monday, China's politburo said it would phase-in delays in the country's retirement ages, but did not provide any details.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198461252","content_text":"China announced on Monday that married couples may have up to three children, a major policy shift from the existing limit of two after recent data showed a dramatic decline in births in the world's most populous country.The change was approved during a politburo meeting chaired by President Xi Jinping, the official news agency Xinhua reported.In 2016, China scrapped its decades-old one-child policy - initially imposed to halt a population explosion - with a two-child limit, which failed to result in a sustained surge in births as the high cost of raising children in Chinese cities deterred many couples from starting families.\"To further optimise the birth policy, (China) will implement a one-married-couple-can-have-three-children policy,\" Xinhua said in a report on the meeting.The policy change will come with \"supportive measures, which will be conducive to improving our country's population structure, fulfilling the country's strategy of actively coping with an ageing population and maintaining the advantage, endowment of human resources\", Xinhua said.It did not specify the support measures.Early this month, China's once-in-a-decade census showed that the population grew at its slowest rate during the last decade since the 1950s, to 1.41 billion.Data also showed a fertility rate of just 1.3 children per woman for 2020 alone, on a par with ageing societies like Japan and Italy.Also on Monday, China's politburo said it would phase-in delays in the country's retirement ages, but did not provide any details.","news_type":1},"isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110616065,"gmtCreate":1622448591057,"gmtModify":1704184568198,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/110616065","repostId":"2139487733","repostType":4,"repost":{"id":"2139487733","pubTimestamp":1622432435,"share":"https://ttm.financial/m/news/2139487733?lang=&edition=fundamental","pubTime":"2021-05-31 11:40","market":"us","language":"en","title":"Prediction: These Will Be the 10 Largest Stocks by 2035","url":"https://stock-news.laohu8.com/highlight/detail?id=2139487733","media":"Motley Fool","summary":"Change is inevitable. The biggest stocks in the world by market cap will undoubtedly look a bit different in 14 years.","content":"<p>If there's one constant on Wall Street, it's that nothing remains constant for long. The combination of technological innovation, competitive advantages, acquisitions, and other tangible and intangible factors has a tendency to shake-up the world's largest companies on a regular basis.</p><p>For example, in 2004, <b>General Electric</b>, <b>ExxonMobil</b>, <b>Pfizer</b>, <b>Citigroup</b>, <b>Walmart</b>, <b>BP</b>, <b>AIG</b>, <b>Intel</b>, and <b>Bank of America</b> were nine of the 10 largest publicly traded companies by market cap. None are still in the top 10 just 17 years later. In fact, AIG isn't even in the top 250 anymore.</p><p>What might the top 10 look like in 2035? Frankly, we don't know. But given a number of proliferating high-growth trends, it won't stop me from making a prediction. In 14 years, these are likely to be the world's 10 largest publicly traded companies, presented in no particular order.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fhourglass-coins-cash-bills-money-invest-rich-retirement-compound-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\">Image source: Getty Images.</p><h2>Amazon</h2><p>Unless e-commerce giant <b>Amazon.com</b> (NASDAQ:AMZN) decides to spin off its leading cloud infrastructure segment, Amazon Web Services (AWS), I consider it to have the best chance of being the largest company by market cap in 2035. Amazon currently controls more than 40% of all online sales in the U.S., and it's signed up 200 million people to Prime worldwide. The fees it collects from Prime memberships help to ensure it can undercut brick-and-mortar retailers on price.</p><p>As for AWS, it grew sales by 30% in 2020 (i.e., during the worst economic downturn in decades). AWS has a current run-rate of $54 billion in annual sales, meaning it alone could fetch a valuation north of $600 billion and still be valued cheaply within the cloud space. Because AWS generates considerably higher margins than retail, it's Amazon's key to a cash flow explosion in the years to come.<img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fcloud-computing-data-server-storage-email-blockchain-saas-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Microsoft</h2><p>Despite a myriad of change since 1999, tech stock <b>Microsoft</b> (NASDAQ:MSFT) is the only company to remain in the top 10 by market cap in 1999, 2004, 2009, 2014, 2019, and currently. Thus, it's a safe bet to suggest it'll hang onto a top-10 spot over the coming 14 years.</p><p>Although Microsoft is still generating plenty of cash flow from its legacy software and Windows operating system, the cloud is its future. Cloud infrastructure service Azure, along with enterprise and consumer cloud products across all of its core brands (Office, Dynamics, and Windows), can fuel sustainable double-digit or high single-digit growth for a long time to come.</p><p>Plus, Microsoft is loaded with cash, meaning it can use acquisitions as a means to boost its growth prospects and remain competitive.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Faapl-iphone-xr.PNG&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"463\" referrerpolicy=\"no-referrer\"></p><p>Image source: Apple.</p><h2>Apple</h2><p>Speaking of cash cows, I believe <b>Apple</b> (NASDAQ:AAPL) remains safely in the top 10, even if its growth rate were to taper a bit. Keep in mind that Apple generated nearly $100 billion in operating cash flow over the trailing 12 months, which means the company has an abundant cash pile to buy back its stock, pay dividends, reinvest in innovation, and make the occasional acquisition to bolster its product portfolio.</p><p>In the years to come, Tim Cook will continue to oversee Apple's transition to a services company. Subscription services boast higher margins than most products Apple sells, and will help reduce the revenue lumpiness associated with tech replacement cycles.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fstudents-surfing-the-internet-studying-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2><a href=\"https://laohu8.com/S/FB\">Facebook</a></h2><p>The social media space has proved especially fickle over the past 15 years, so there's certainly the risk <b>Facebook</b> (NASDAQ:FB) won't be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the 10 largest companies by 2035. It could also be broken up by regulators, which would potentially remove it from consideration.</p><p>However, I chose to keep Facebook in the top 10 for two simple reasons. First, it had 44% of the world's population visit one of its owned assets in the first quarter. This makes it unlikely that any social media company will unseat it in the eyes of advertisers anytime soon.</p><p>Second, Facebook has only monetized two of its four prized assets (its namesake site and Instagram). When it decides to meaningfully monetize WhatsApp and Facebook Messenger, it'll enjoy a massive multiyear growth spurt.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Flaptop-internet-search-smartphone-work-from-home-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Alphabet</h2><p>As with Facebook, ad-driven operating models come with risks. Thankfully, <b>Alphabet</b> (NASDAQ:GOOGL)(NASDAQ:GOOG) has ancillary operations and history on its side.</p><p>In terms of ancillary businesses, streaming content provider YouTube has grown into a top-three social media destination, and cloud infrastructure service Google Cloud now has an annual run-rate of more than $16 billion. Eventually, Cloud is going to do for Alphabet what AWS has done (and will continue to do) for Amazon.</p><p>Meanwhile, Alphabet's core business -- its Google internet search engine -- should benefit from long periods of economic expansion and the company's insane global share of internet search, which has ranged from 91% to 93% for two years.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fairbnb1.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Airbnb.</p><h2>Airbnb</h2><p>Perhaps the first big surprise is that I expect stay-and-hosting company <b>Airbnb</b> (NASDAQ:ABNB) to work its way into the top 10. That's because Airbnb is disrupting both the hotel stay side of the industry as well as the travel side of the equation.</p><p>At the moment, Airbnb has 4 million hosts worldwide. This is just a fraction of what the platform is capable of handling given the more than 130 million residences in the U.S. and around 1 billion residences worldwide.</p><p>Airbnb has also been pushing its Experiences platform -- i.e., adventures led by local experts. Nothing can stop Airbnb from entrenching itself further in vacation experiences. We're witnessing the early innings of true leisure industry disruption.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fsquare-card-terminal.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p>Image source: Square.</p><h2>Square</h2><p>Fintech stock <b>Square</b> (NYSE:SQ) also has a very real opportunity to surpass <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>&nbsp;over the next 14 years and work its way into the top 10.</p><p>Although Square should see steady growth from its seller ecosystem, the company's primary driver will be peer-to-peer digital payments platform Cash App. In three years, Cash App's monthly active user count has more than quintupled to 36 million. It's been a more popular download than PayPal's Venmo, and Square has been generating $41 in gross profit per user, compared to less than $5 in acquisition costs per user.</p><p>Square also completed the charter process to operate its own bank in March. This gives the company a full gamut of financial services it can offer in the high-margin digital banking space.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fcredit-card-credit-score-debt-consumption-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"531\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2><a href=\"https://laohu8.com/S/V\">Visa</a></h2><p>As of May 25, payment processing giant <b>Visa</b> (NYSE:V) was clinging the No. 10 spot with a $487 billion market cap, $3 billion ahead of <b>JPMorgan Chase</b>. I believe in 14 years it'll still be clinging to a top-10 spot and likely pushing above a $1 trillion valuation.</p><p>Visa is a cyclical business, which is a simple way of saying that it does really well when the U.S. and global economy are expanding and it struggles a bit when recession arise. However, this is a numbers game Visa is well-prepared to play. Periods of expansion last significantly longer than contractions. What's more, Visa isn't a lender, which means it's not required to set aside cash for delinquent loans when recession strike. Thus why it bounces back so quickly from economic contractions.</p><p>With a majority of the world's transactions still conducted in cash, Visa's growth runway extends decades into the future.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2F17191589198_aac39e29d5_k.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>A jubilant Warren Buffett, Berkshire Hathaway CEO. Image source: The Motley Fool.</p><h2>Berkshire Hathaway</h2><p>In 14 years, it's unlikely that Warren Buffett and Charlie Munger are going to be running <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) or dictating its investments. Thankfully, Buffett has laid out a winning game plan for his successors that should result in continued growth.</p><p>Similar to the Visa growth thesis (Visa is one of Berkshire's four-dozen holdings), most of Buffett's investment portfolio is tied up in cyclical businesses. The Oracle of Omaha has always thrived on playing the numbers game and betting on multiyear periods of economic expansion. He also loves a good dividend stock, which is why <b>Coca-Cola</b>&nbsp;and <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>&nbsp;have been so valuable.</p><p>The wildcard here will be investment lieutenants Todd Combs and Ted Weschler. If they maintain Buffett's long-term approach and avoid trying to time the market, Berkshire Hathaway should be one of the 10 largest stocks come 2035.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fretail-shopping-store-online-sale-smartphone-website-ecommerce-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Sea Limited</h2><p>A final surprise that could find its way into the top 10 is Singapore-based <b>Sea Limited</b> (NYSE:SE). A veritable no-name a couple of years ago, Sea has three extremely fast-growing businesses that could all help it reach a trillion-dollar valuation by 2035.</p><p>While mobile gaming is its primary generator of positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the time being, it's e-commerce platform Shopee that'll be Sea's core sales and profit driver over the long run. \"But what about Amazon?\" you ask? Don't fret. Sea is primarily focused on emerging markets where the middle class is still taking shape. Sea and Amazon can thrive in their own separate niches.</p><p>Sea also has a nascent mobile wallet segment that could provide financial solutions to largely underbanked regions of Southeastern Asia. It has all the tools needed to be one of the world's largest companies.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prediction: These Will Be the 10 Largest Stocks by 2035</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\">\nPrediction: These Will Be the 10 Largest Stocks by 2035\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 11:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/30/prediction-these-will-be-10-largest-stocks-by-2035/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If there's one constant on Wall Street, it's that nothing remains constant for long. The combination of technological innovation, competitive advantages, acquisitions, and other tangible and ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/30/prediction-these-will-be-10-largest-stocks-by-2035/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","SQ":"Block","V":"Visa","09086":"华夏纳指-U","BRK.B":"伯克希尔B","GOOGL":"谷歌A","GOOG":"谷歌","AAPL":"苹果","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","AMZN":"亚马逊","MSFT":"微软"},"source_url":"https://www.fool.com/investing/2021/05/30/prediction-these-will-be-10-largest-stocks-by-2035/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2139487733","content_text":"If there's one constant on Wall Street, it's that nothing remains constant for long. The combination of technological innovation, competitive advantages, acquisitions, and other tangible and intangible factors has a tendency to shake-up the world's largest companies on a regular basis.For example, in 2004, General Electric, ExxonMobil, Pfizer, Citigroup, Walmart, BP, AIG, Intel, and Bank of America were nine of the 10 largest publicly traded companies by market cap. None are still in the top 10 just 17 years later. In fact, AIG isn't even in the top 250 anymore.What might the top 10 look like in 2035? Frankly, we don't know. But given a number of proliferating high-growth trends, it won't stop me from making a prediction. In 14 years, these are likely to be the world's 10 largest publicly traded companies, presented in no particular order.Image source: Getty Images.AmazonUnless e-commerce giant Amazon.com (NASDAQ:AMZN) decides to spin off its leading cloud infrastructure segment, Amazon Web Services (AWS), I consider it to have the best chance of being the largest company by market cap in 2035. Amazon currently controls more than 40% of all online sales in the U.S., and it's signed up 200 million people to Prime worldwide. The fees it collects from Prime memberships help to ensure it can undercut brick-and-mortar retailers on price.As for AWS, it grew sales by 30% in 2020 (i.e., during the worst economic downturn in decades). AWS has a current run-rate of $54 billion in annual sales, meaning it alone could fetch a valuation north of $600 billion and still be valued cheaply within the cloud space. Because AWS generates considerably higher margins than retail, it's Amazon's key to a cash flow explosion in the years to come.Image source: Getty Images.MicrosoftDespite a myriad of change since 1999, tech stock Microsoft (NASDAQ:MSFT) is the only company to remain in the top 10 by market cap in 1999, 2004, 2009, 2014, 2019, and currently. Thus, it's a safe bet to suggest it'll hang onto a top-10 spot over the coming 14 years.Although Microsoft is still generating plenty of cash flow from its legacy software and Windows operating system, the cloud is its future. Cloud infrastructure service Azure, along with enterprise and consumer cloud products across all of its core brands (Office, Dynamics, and Windows), can fuel sustainable double-digit or high single-digit growth for a long time to come.Plus, Microsoft is loaded with cash, meaning it can use acquisitions as a means to boost its growth prospects and remain competitive.Image source: Apple.AppleSpeaking of cash cows, I believe Apple (NASDAQ:AAPL) remains safely in the top 10, even if its growth rate were to taper a bit. Keep in mind that Apple generated nearly $100 billion in operating cash flow over the trailing 12 months, which means the company has an abundant cash pile to buy back its stock, pay dividends, reinvest in innovation, and make the occasional acquisition to bolster its product portfolio.In the years to come, Tim Cook will continue to oversee Apple's transition to a services company. Subscription services boast higher margins than most products Apple sells, and will help reduce the revenue lumpiness associated with tech replacement cycles.Image source: Getty Images.FacebookThe social media space has proved especially fickle over the past 15 years, so there's certainly the risk Facebook (NASDAQ:FB) won't be one of the 10 largest companies by 2035. It could also be broken up by regulators, which would potentially remove it from consideration.However, I chose to keep Facebook in the top 10 for two simple reasons. First, it had 44% of the world's population visit one of its owned assets in the first quarter. This makes it unlikely that any social media company will unseat it in the eyes of advertisers anytime soon.Second, Facebook has only monetized two of its four prized assets (its namesake site and Instagram). When it decides to meaningfully monetize WhatsApp and Facebook Messenger, it'll enjoy a massive multiyear growth spurt.Image source: Getty Images.AlphabetAs with Facebook, ad-driven operating models come with risks. Thankfully, Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) has ancillary operations and history on its side.In terms of ancillary businesses, streaming content provider YouTube has grown into a top-three social media destination, and cloud infrastructure service Google Cloud now has an annual run-rate of more than $16 billion. Eventually, Cloud is going to do for Alphabet what AWS has done (and will continue to do) for Amazon.Meanwhile, Alphabet's core business -- its Google internet search engine -- should benefit from long periods of economic expansion and the company's insane global share of internet search, which has ranged from 91% to 93% for two years.Image source: Airbnb.AirbnbPerhaps the first big surprise is that I expect stay-and-hosting company Airbnb (NASDAQ:ABNB) to work its way into the top 10. That's because Airbnb is disrupting both the hotel stay side of the industry as well as the travel side of the equation.At the moment, Airbnb has 4 million hosts worldwide. This is just a fraction of what the platform is capable of handling given the more than 130 million residences in the U.S. and around 1 billion residences worldwide.Airbnb has also been pushing its Experiences platform -- i.e., adventures led by local experts. Nothing can stop Airbnb from entrenching itself further in vacation experiences. We're witnessing the early innings of true leisure industry disruption.Image source: Square.SquareFintech stock Square (NYSE:SQ) also has a very real opportunity to surpass PayPal over the next 14 years and work its way into the top 10.Although Square should see steady growth from its seller ecosystem, the company's primary driver will be peer-to-peer digital payments platform Cash App. In three years, Cash App's monthly active user count has more than quintupled to 36 million. It's been a more popular download than PayPal's Venmo, and Square has been generating $41 in gross profit per user, compared to less than $5 in acquisition costs per user.Square also completed the charter process to operate its own bank in March. This gives the company a full gamut of financial services it can offer in the high-margin digital banking space.Image source: Getty Images.VisaAs of May 25, payment processing giant Visa (NYSE:V) was clinging the No. 10 spot with a $487 billion market cap, $3 billion ahead of JPMorgan Chase. I believe in 14 years it'll still be clinging to a top-10 spot and likely pushing above a $1 trillion valuation.Visa is a cyclical business, which is a simple way of saying that it does really well when the U.S. and global economy are expanding and it struggles a bit when recession arise. However, this is a numbers game Visa is well-prepared to play. Periods of expansion last significantly longer than contractions. What's more, Visa isn't a lender, which means it's not required to set aside cash for delinquent loans when recession strike. Thus why it bounces back so quickly from economic contractions.With a majority of the world's transactions still conducted in cash, Visa's growth runway extends decades into the future.A jubilant Warren Buffett, Berkshire Hathaway CEO. Image source: The Motley Fool.Berkshire HathawayIn 14 years, it's unlikely that Warren Buffett and Charlie Munger are going to be running Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) or dictating its investments. Thankfully, Buffett has laid out a winning game plan for his successors that should result in continued growth.Similar to the Visa growth thesis (Visa is one of Berkshire's four-dozen holdings), most of Buffett's investment portfolio is tied up in cyclical businesses. The Oracle of Omaha has always thrived on playing the numbers game and betting on multiyear periods of economic expansion. He also loves a good dividend stock, which is why Coca-Cola and American Express have been so valuable.The wildcard here will be investment lieutenants Todd Combs and Ted Weschler. If they maintain Buffett's long-term approach and avoid trying to time the market, Berkshire Hathaway should be one of the 10 largest stocks come 2035.Image source: Getty Images.Sea LimitedA final surprise that could find its way into the top 10 is Singapore-based Sea Limited (NYSE:SE). A veritable no-name a couple of years ago, Sea has three extremely fast-growing businesses that could all help it reach a trillion-dollar valuation by 2035.While mobile gaming is its primary generator of positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the time being, it's e-commerce platform Shopee that'll be Sea's core sales and profit driver over the long run. \"But what about Amazon?\" you ask? Don't fret. Sea is primarily focused on emerging markets where the middle class is still taking shape. Sea and Amazon can thrive in their own separate niches.Sea also has a nascent mobile wallet segment that could provide financial solutions to largely underbanked regions of Southeastern Asia. It has all the tools needed to be one of the world's largest companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1046,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110618977,"gmtCreate":1622448547199,"gmtModify":1704184567046,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110618977","repostId":"2139648773","repostType":4,"repost":{"id":"2139648773","pubTimestamp":1622432618,"share":"https://ttm.financial/m/news/2139648773?lang=&edition=fundamental","pubTime":"2021-05-31 11:43","market":"hk","language":"en","title":"5 Tech Stocks To Watch In June 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2139648773","media":"Nasdaq","summary":"Four Benjamins will get you strong dividends and solid growth with these stocks.","content":"<p>Could These Top Tech Stocks Be Worth Investing In?</p><p>For investors looking for the most active stocks today,tech stockscould be in their sights. After all, the tech industry as a whole appears to be on the recovery in thestock market today. If anything, the growth story in tech remains the same. This is because tech companies will likely continue to innovate and compete, such is the nature of tech today. Not only would this benefit organizations and investors alike, but it would also accelerate the adoption of new technologies globally. Could this be enough to warrant investors taking advantage of the current weakness in the sector?</p><p>Well, like it or not, the world today is heavily reliant on tech. For example, we could look at the personal computer company <a href=\"https://laohu8.com/S/DVMT\">Dell</a> (NYSE: DELL). <a href=\"https://laohu8.com/S/JE\">Just</a> this week, Dell saw earnings of $2.13 a share, well above consensus projections of $1.61. The company cites strong demand for its desktops and laptops throughout the quarter for this performance. Indeed, the consumer tech industry continues to power on regardless of the state of the world.</p><p>Meanwhile, the booming cybersecurity industry is also making headlines today. This is because of <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>’s (NASDAQ: MSFT) latest blog post regarding the infamous SolarWinds (NYSE: SWI) hack. Essentially, Microsoft believes that the Russian hackers responsible have just launched another major cyberattack on over 150 organizations worldwide. As such, the need for tech as a means of defense in this modern age is greater than ever. No doubt, as the importance of tech continues to expand, tech stocks could become a more viable bet for investors. With that in mind, here are five top tech stocks in thestock marketnow.</p><p>Best Tech Stocks To Buy [Or Avoid]&nbsp;&nbsp;In June</p><ul><li><b><a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>.</b>(NYSE: SPCE)</li><li><b><a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a> Inc.</b>(NYSE: CRM)</li><li><b><a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a>.</b>(NASDAQ: ROKU)</li><li><b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc.</b>(NASDAQ: PYPL)</li><li><b><a href=\"https://laohu8.com/S/TWLO\">Twilio</a> Inc.</b>(NYSE: TWLO)</li></ul><p><a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a> Holdings Inc.</p><p>Virgin is a spaceflight company that develops commercial spacecraft. The company aims to provide suborbital spaceflights to space tourists in the near future. Also, it is a vertically integrated aerospace company and uses its proprietary and reusable technologies for both private individuals and researchers. SPCE stock currently trades at $32.23 as of 2:19 p.m. ET and is up by over 50% since the start of the month.</p><p><img src=\"https://static.tigerbbs.com/bc517907c09af08e997c7ae41bd725b3\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: <a href=\"https://laohu8.com/S/AMTD\">TD Ameritrade</a> TOS</p><p>On May 22, 2021, the company announced that it had successfully completed its first human spaceflight from Spaceport America, <a href=\"https://laohu8.com/S/NGD\">New</a> Mexico. In detail, its VSS <a href=\"https://laohu8.com/S/UNTY\">Unity</a> achieved a speed of Mach 3 after being released from the mothership VMS Eve and reached space at an altitude of 55.45 miles before gliding smoothly to a runway landing at Spaceport America.</p><p>It has successfully completed a number of test objectives during the flight. This includes carrying out revenue-generating scientific research experiments as part of NASA’s Flight Opportunities Program and testing the spaceship’s upgraded horizontal stabilizers and flight controls. For these reasons, will you consider buying SPCE stock?</p><p>Salesforce.com Inc.</p><p>Salesforce is a cloud-based software company that is headquartered in San Francisco, California. It provides customer relationship management service and also provides a complementary suite of enterprise applications. CRM stock currently trades at $239.45 as of 2:20 p.m. ET. Yesterday, the company reported strong first-quarter financials.</p><p><img src=\"https://static.tigerbbs.com/36fe7f1877bb3dd777dfe009458bb52c\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p>In it, Salesforce reported a revenue of $5.96 billion for the quarter, a 23% increase year-over-year. It also says that it currently has a remaining performance obligation of approximately $17.8 billion, up by 23% year-over-year. Salesforce says that this is the best first quarter in its company’s history so far. Its</p><p>Its Customer 360 platform is proving to be the most relevant technology for companies accelerating out of the pandemic. It is also raising its revenue guidance for this fiscal year by $250 million to approximately $26 billion. Given the excitement surrounding the company, will you add CRM stock to your portfolio?</p><p>Roku Inc.</p><p>Roku is a tech company that essentially pioneered streaming for TVs. In essence, it is an advertising business and its streaming devices also offer access to streaming services like <a href=\"https://laohu8.com/S/NFLX\">Netflix</a> (NASDAQ: NFLX). Millions of people across the world use Roku’s streaming devices. Its platform enables content providers and advertisers to reach a massive and highly engaged consumer audience. ROKU stock currently trades at $350.13 as of 2:20 p.m. ET.</p><p><img src=\"https://static.tigerbbs.com/20f5e5430f516a2d913dd6a11d79e4a6\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p>On Thursday, the company announced a landmark agreement with Saban Films. The agreement will grant Roku the pay-<a href=\"https://laohu8.com/S/AONE\">one</a> window streaming rights to movies released by Saban Films. Under the agreement, a selection of Saban’s 2021 film slate will stream free exclusively on Roku’s ad-supported streaming service, The Roku Channel.</p><p>“<i>Saban Films is a great partner with a history of creating standout films,</i>” said Rob Holmes, <a href=\"https://laohu8.com/S/VP..UK\">VP</a> of Programming for Roku. “<i>This first-of-its-kind agreement allows us to bring these compelling films exclusively to our large, engaged audience for free, and to build upon the incredible growth of The Roku Channel.</i>” With that in mind, will you consider buying ROKU stock?</p><p>PayPal Holdings Inc.</p><p>PayPal is an online payment system that is used in the majority of countries that support online money transfers. The company is committed to democratizing financial services and empowering both people and businesses to thrive in this globalized economy. Its open digital payments platform is used by over 325 million active account holders. PYPL stock currently trades at $261.22 as of 2:21 p.m. ET.</p><p><img src=\"https://static.tigerbbs.com/b979aa52bf024c4f143374aed1fbca1c\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p>Last month, the company announced the launch of crypto on Venmo. This would allow for Venmo’s more than 70 million customers to buy, hold, and sell cryptocurrency directly within the Venmo app. <a href=\"https://laohu8.com/S/CUBI\">Customers</a> using crypto on Venmo can choose from four types of cryptocurrency: Bitcoin, Etheruem, Litecoin, and Bitcoin Cash. Is PYPL stock worth buying given the prominence of digital payments and online transactions in 2021?</p><p>Twilio Inc.</p><p>Another top tech company in focus now would be Twilio. In brief, Twilio is a San Francisco-based tech company that provides cloud communication services. Through its platform-as-a-service model, Twilio allows software developers to program communication lines between organizations and their customers. Now, this resulted in TWLO stock becoming <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hottest tech stocks of 2020 as the pandemic created a massive demand for Twilio’s offerings. TWLO stock currently trades at $337.70 as of 2:21 p.m. ET. Could now be the time for investors to buy in?</p><p><img src=\"https://static.tigerbbs.com/3d6f1646f2e118e1d7872e06530d6ab1\" tg-width=\"759\" tg-height=\"468\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p><p>If anything, Twilio has been busy expanding its current offerings. Earlier this week, the company launched its Super SIM (SS), cellular Internet of Things (IoT) connectivity platform. In a nutshell, SS works with Twilio’s existing electronic SIM card services to provide organizations with best-in-class IoT connectivity.</p><p>Moreover, the company also acquired leading provider of toll-free messaging in the U.S., Zipwhip, earlier this month. Through this acquisition, Twilio would be significantly expanding its toll-free messaging services. As the company kicks into high gear, would you consider TWLO stock a buy?</p><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>, Inc.</p>","source":"lsy1603171495471","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Tech Stocks To Watch In June 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Tech Stocks To Watch In June 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/5-tech-stocks-to-watch-in-june-2021-2021-05-28><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Could These Top Tech Stocks Be Worth Investing In?For investors looking for the most active stocks today,tech stockscould be in their sights. After all, the tech industry as a whole appears to be on ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/5-tech-stocks-to-watch-in-june-2021-2021-05-28\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.nasdaq.com/articles/5-tech-stocks-to-watch-in-june-2021-2021-05-28","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2139648773","content_text":"Could These Top Tech Stocks Be Worth Investing In?For investors looking for the most active stocks today,tech stockscould be in their sights. After all, the tech industry as a whole appears to be on the recovery in thestock market today. If anything, the growth story in tech remains the same. This is because tech companies will likely continue to innovate and compete, such is the nature of tech today. Not only would this benefit organizations and investors alike, but it would also accelerate the adoption of new technologies globally. Could this be enough to warrant investors taking advantage of the current weakness in the sector?Well, like it or not, the world today is heavily reliant on tech. For example, we could look at the personal computer company Dell (NYSE: DELL). Just this week, Dell saw earnings of $2.13 a share, well above consensus projections of $1.61. The company cites strong demand for its desktops and laptops throughout the quarter for this performance. Indeed, the consumer tech industry continues to power on regardless of the state of the world.Meanwhile, the booming cybersecurity industry is also making headlines today. This is because of Microsoft’s (NASDAQ: MSFT) latest blog post regarding the infamous SolarWinds (NYSE: SWI) hack. Essentially, Microsoft believes that the Russian hackers responsible have just launched another major cyberattack on over 150 organizations worldwide. As such, the need for tech as a means of defense in this modern age is greater than ever. No doubt, as the importance of tech continues to expand, tech stocks could become a more viable bet for investors. With that in mind, here are five top tech stocks in thestock marketnow.Best Tech Stocks To Buy [Or Avoid]  In JuneVirgin Galactic Holdings Inc.(NYSE: SPCE)Salesforce.com Inc.(NYSE: CRM)Roku Inc.(NASDAQ: ROKU)PayPal Holdings Inc.(NASDAQ: PYPL)Twilio Inc.(NYSE: TWLO)Virgin Galactic Holdings Inc.Virgin is a spaceflight company that develops commercial spacecraft. The company aims to provide suborbital spaceflights to space tourists in the near future. Also, it is a vertically integrated aerospace company and uses its proprietary and reusable technologies for both private individuals and researchers. SPCE stock currently trades at $32.23 as of 2:19 p.m. ET and is up by over 50% since the start of the month.Source: TD Ameritrade TOSOn May 22, 2021, the company announced that it had successfully completed its first human spaceflight from Spaceport America, New Mexico. In detail, its VSS Unity achieved a speed of Mach 3 after being released from the mothership VMS Eve and reached space at an altitude of 55.45 miles before gliding smoothly to a runway landing at Spaceport America.It has successfully completed a number of test objectives during the flight. This includes carrying out revenue-generating scientific research experiments as part of NASA’s Flight Opportunities Program and testing the spaceship’s upgraded horizontal stabilizers and flight controls. For these reasons, will you consider buying SPCE stock?Salesforce.com Inc.Salesforce is a cloud-based software company that is headquartered in San Francisco, California. It provides customer relationship management service and also provides a complementary suite of enterprise applications. CRM stock currently trades at $239.45 as of 2:20 p.m. ET. Yesterday, the company reported strong first-quarter financials.Source: TD Ameritrade TOSIn it, Salesforce reported a revenue of $5.96 billion for the quarter, a 23% increase year-over-year. It also says that it currently has a remaining performance obligation of approximately $17.8 billion, up by 23% year-over-year. Salesforce says that this is the best first quarter in its company’s history so far. ItsIts Customer 360 platform is proving to be the most relevant technology for companies accelerating out of the pandemic. It is also raising its revenue guidance for this fiscal year by $250 million to approximately $26 billion. Given the excitement surrounding the company, will you add CRM stock to your portfolio?Roku Inc.Roku is a tech company that essentially pioneered streaming for TVs. In essence, it is an advertising business and its streaming devices also offer access to streaming services like Netflix (NASDAQ: NFLX). Millions of people across the world use Roku’s streaming devices. Its platform enables content providers and advertisers to reach a massive and highly engaged consumer audience. ROKU stock currently trades at $350.13 as of 2:20 p.m. ET.Source: TD Ameritrade TOSOn Thursday, the company announced a landmark agreement with Saban Films. The agreement will grant Roku the pay-one window streaming rights to movies released by Saban Films. Under the agreement, a selection of Saban’s 2021 film slate will stream free exclusively on Roku’s ad-supported streaming service, The Roku Channel.“Saban Films is a great partner with a history of creating standout films,” said Rob Holmes, VP of Programming for Roku. “This first-of-its-kind agreement allows us to bring these compelling films exclusively to our large, engaged audience for free, and to build upon the incredible growth of The Roku Channel.” With that in mind, will you consider buying ROKU stock?PayPal Holdings Inc.PayPal is an online payment system that is used in the majority of countries that support online money transfers. The company is committed to democratizing financial services and empowering both people and businesses to thrive in this globalized economy. Its open digital payments platform is used by over 325 million active account holders. PYPL stock currently trades at $261.22 as of 2:21 p.m. ET.Source: TD Ameritrade TOSLast month, the company announced the launch of crypto on Venmo. This would allow for Venmo’s more than 70 million customers to buy, hold, and sell cryptocurrency directly within the Venmo app. Customers using crypto on Venmo can choose from four types of cryptocurrency: Bitcoin, Etheruem, Litecoin, and Bitcoin Cash. Is PYPL stock worth buying given the prominence of digital payments and online transactions in 2021?Twilio Inc.Another top tech company in focus now would be Twilio. In brief, Twilio is a San Francisco-based tech company that provides cloud communication services. Through its platform-as-a-service model, Twilio allows software developers to program communication lines between organizations and their customers. Now, this resulted in TWLO stock becoming one of the hottest tech stocks of 2020 as the pandemic created a massive demand for Twilio’s offerings. TWLO stock currently trades at $337.70 as of 2:21 p.m. ET. Could now be the time for investors to buy in?Source: TD Ameritrade TOSIf anything, Twilio has been busy expanding its current offerings. Earlier this week, the company launched its Super SIM (SS), cellular Internet of Things (IoT) connectivity platform. In a nutshell, SS works with Twilio’s existing electronic SIM card services to provide organizations with best-in-class IoT connectivity.Moreover, the company also acquired leading provider of toll-free messaging in the U.S., Zipwhip, earlier this month. Through this acquisition, Twilio would be significantly expanding its toll-free messaging services. As the company kicks into high gear, would you consider TWLO stock a buy?The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137627981,"gmtCreate":1622344712943,"gmtModify":1704183259254,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137627981","repostId":"2138312488","repostType":4,"repost":{"id":"2138312488","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":1622211900,"share":"https://ttm.financial/m/news/2138312488?lang=&edition=fundamental","pubTime":"2021-05-28 22:25","market":"us","language":"en","title":"PayPal vs. Square -- which is the better stock to own now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2138312488","media":"Dow Jones","summary":"Square has been a better long-term stock-market performer and it is growing more quickly. But analys","content":"<p>Square has been a better long-term stock-market performer and it is growing more quickly. But analysts, on the whole, prefer PayPal.</p><p>PayPal and Square are well-known to investors as rapidly growing players in the payment-processing space. They don't compete directly in all areas, but there are enough similarities to make a meaningful pairing.</p><p>Where PayPal and Square fit in</p><p>PayPal Holdings Inc. (PYPL) was spun off from eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> in July 2015. Square was founded in 2009 by CEO Jack Dorsey and James McKelvey Jr. (a current board member), and went public in November 2015. Dorsey also serves as CEO of <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc. (TWTR), which he co-founded in 2006.</p><p>PayPal said in its 2020 10-K filing  with the Securities and Exchange Commission that 13% of its revenue for the year came from customers on eBay's Marketplace platform. It also said that no other revenue source represented more than 10% of the whole.</p><p>PayPal makes it easy to do payments online through its secure digital wallet -- a user simply signs into their PayPal account to make a payment to the merchant from a bank account or credit card. The purchaser doesn't need to provide any financial information to the merchant.</p><p>During 2020, 93% of PayPal's revenue came from transactions, with the rest from \"other value-added services,\" a category that  has declined over the past two full years.</p><p>Square offers what it calls a \"cohesive commerce ecosystem,\" which includes hardware and software, to help merchants process point-of-sale transactions and online transactions. Square also has Cash App, which helps individual users, businesses and organizations transfer money or bitcoin  through the app or by email.</p><p>\"Customers can also use their stored funds to buy and sell bitcoin and equity investments within Cash App,\" according to Square's first-quarter 10-Q report .</p><p>Here's a comparison of quarterly and annual transaction volume for the two companies, with figures in millions:</p><p>PayPal has a much larger payment-processing business  than Square, and recently, its quarterly and annual transaction volumes have grown more rapidly.</p><p>Key metrics</p><p>Size, revenue and profit</p><p>Here is a comparison of the companies' market capitalizations and GAAP net revenue figures for the first quarters of 2021 and 2020:</p><p>GAAP stands for Generally Accepted Accounting Principles, under which Square's revenue from its bitcoin holdings has caused the company's total revenue to balloon. Here's Square's more detailed revenue breakdown:</p><p>This illustrates why an investor considering an individual stock has to take a closer look to form their own opinion.</p><p>Here's what Square had to say about its revenue reporting in its first-quarter shareholder letter :</p><p>We deduct bitcoin revenue because our role is to facilitate customers' access to bitcoin. When customers buy bitcoin through Cash App, we only apply a small margin to the market cost of bitcoin, which tends to be volatile and outside our control. Therefore, we believe bitcoin gross profit better reflects the economic benefits as well as our performance from these transactions.</p><p>More from Square's shareholder letter:</p><p>While bitcoin revenue was $3.51 billion in the first quarter of 2021, up approximately 11x year over year, bitcoin gross profit was only $75 million, or approximately 2% of bitcoin revenue.</p><p>So Square's adjusted net revenue for the first quarter was $1.55 billion, increasing 44% from the year-earlier quarter.</p><p>Read:A bitcoin battle of the billionaires ensues as Jack Dorsey faces off with Musk on 'green' merits of world's No. 1 crypto</p><p>Excitement for bitcoin caused the spike in revenue for Square, as its Cash App users participated in the eightfold increase in the cryptocurrency's price in dollars over the 12 months through March 31.</p><p>Here's a comparison of gross profits (earnings before operating expenses) and operating profits (earnings before interest and taxes)  for PayPal and Square for the first quarters of 2021 and 2020:</p><p>PayPal has the larger payment-processing business, by far, while Square is growing its profits more quickly. Despite Square's point that it derives a relatively small portion of its profits from bitcoin revenue, the massive amount of revenue from bitcoin transactions, including customers' trades through Cash App, show the potential of this type of customer activity.</p><p>Returns on common equity and invested capital</p><p>These returns can give some insight into how well a management team deploys capital:</p><p>Return on invested capital is earnings divided by combined debt and equity. It is a measure of capital allocation efficiency and can be useful when comparing companies that are similar. In this case, none of these numbers are bad -- both companies are still growing their businesses in a dynamic environment.</p><p>Earnings estimates to 2025</p><p>Here are the actual earnings-per-share results for 2020 with consensus estimates among analysts polled by FactSet going out to 2025:</p><p>Here are estimated annual percentage  increases in EPS based on the above, plus an estimated five-year compound annual growth rate (CAGR):</p><p>That five-year CAGR for Square is bumped up by the expected EPS breakout in 2021. But if we run a four-year EPS CAGR from 2021 through 2025, the results are 21% for PayPal and 46% for Square. Both are impressive, but Square comes out on top if analysts' estimates are close to accurate. This helps explain the much higher forward price-to-earnings ratio for Square that you can see further down.</p><p>Cash flow</p><p>In the modern economy, many investors believe free cash flow -- remaining cash flow after planned capital expenditures -- is a critically important measure. One reason for this is that so many <a href=\"https://laohu8.com/S/AONE\">one</a>-time non-cash items can affect EPS. Another is that free cash flow can be deployed through business expansion, acquisitions, share buybacks dividends or other actions that will presumably be good for shareholders.</p><p>Square has had negative free cash flow <a href=\"https://laohu8.com/S/FCF\">$(FCF)$</a> for two of the past four quarters, which isn't surprising, as the company emphasizes growing its business. So it may be most useful to look ahead. FactSet has consensus estimates for FCF per share going out to 2023:</p><p>Again, the analysts expect great things from both companies, especially Square.</p><p>Stock valuation and performance</p><p>Here are forward price-to-earnings and price-to-sales ratios based on consensus estimates for the next 12 months, along with total return figures:</p><p>Those are high valuations to expected earnings and sales. Then again, that has been par for the course for the most rapidly growing tech-oriented stocks over the past several years.</p><p>Wall Street's opinion</p><p>PayPal has more \"buy\" ratings among Wall Street analysts polled by FactSet, but Square as the more aggressive price target:</p><p>Even though the analysts provide earnings estimates going many years out, their share-price targets are for 12 months, per tradition. This is where you need to think about what \"long term\" means to you as an investor. One year can be considered a short period for some long-term investors, who are looking to compound large gains over three- to five-year periods.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal vs. Square -- which is the better stock to own now?</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\">\nPayPal vs. Square -- which is the better stock to own now?\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\">2021-05-28 22:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Square has been a better long-term stock-market performer and it is growing more quickly. But analysts, on the whole, prefer PayPal.</p><p>PayPal and Square are well-known to investors as rapidly growing players in the payment-processing space. They don't compete directly in all areas, but there are enough similarities to make a meaningful pairing.</p><p>Where PayPal and Square fit in</p><p>PayPal Holdings Inc. (PYPL) was spun off from eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> in July 2015. Square was founded in 2009 by CEO Jack Dorsey and James McKelvey Jr. (a current board member), and went public in November 2015. Dorsey also serves as CEO of <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc. (TWTR), which he co-founded in 2006.</p><p>PayPal said in its 2020 10-K filing  with the Securities and Exchange Commission that 13% of its revenue for the year came from customers on eBay's Marketplace platform. It also said that no other revenue source represented more than 10% of the whole.</p><p>PayPal makes it easy to do payments online through its secure digital wallet -- a user simply signs into their PayPal account to make a payment to the merchant from a bank account or credit card. The purchaser doesn't need to provide any financial information to the merchant.</p><p>During 2020, 93% of PayPal's revenue came from transactions, with the rest from \"other value-added services,\" a category that  has declined over the past two full years.</p><p>Square offers what it calls a \"cohesive commerce ecosystem,\" which includes hardware and software, to help merchants process point-of-sale transactions and online transactions. Square also has Cash App, which helps individual users, businesses and organizations transfer money or bitcoin  through the app or by email.</p><p>\"Customers can also use their stored funds to buy and sell bitcoin and equity investments within Cash App,\" according to Square's first-quarter 10-Q report .</p><p>Here's a comparison of quarterly and annual transaction volume for the two companies, with figures in millions:</p><p>PayPal has a much larger payment-processing business  than Square, and recently, its quarterly and annual transaction volumes have grown more rapidly.</p><p>Key metrics</p><p>Size, revenue and profit</p><p>Here is a comparison of the companies' market capitalizations and GAAP net revenue figures for the first quarters of 2021 and 2020:</p><p>GAAP stands for Generally Accepted Accounting Principles, under which Square's revenue from its bitcoin holdings has caused the company's total revenue to balloon. Here's Square's more detailed revenue breakdown:</p><p>This illustrates why an investor considering an individual stock has to take a closer look to form their own opinion.</p><p>Here's what Square had to say about its revenue reporting in its first-quarter shareholder letter :</p><p>We deduct bitcoin revenue because our role is to facilitate customers' access to bitcoin. When customers buy bitcoin through Cash App, we only apply a small margin to the market cost of bitcoin, which tends to be volatile and outside our control. Therefore, we believe bitcoin gross profit better reflects the economic benefits as well as our performance from these transactions.</p><p>More from Square's shareholder letter:</p><p>While bitcoin revenue was $3.51 billion in the first quarter of 2021, up approximately 11x year over year, bitcoin gross profit was only $75 million, or approximately 2% of bitcoin revenue.</p><p>So Square's adjusted net revenue for the first quarter was $1.55 billion, increasing 44% from the year-earlier quarter.</p><p>Read:A bitcoin battle of the billionaires ensues as Jack Dorsey faces off with Musk on 'green' merits of world's No. 1 crypto</p><p>Excitement for bitcoin caused the spike in revenue for Square, as its Cash App users participated in the eightfold increase in the cryptocurrency's price in dollars over the 12 months through March 31.</p><p>Here's a comparison of gross profits (earnings before operating expenses) and operating profits (earnings before interest and taxes)  for PayPal and Square for the first quarters of 2021 and 2020:</p><p>PayPal has the larger payment-processing business, by far, while Square is growing its profits more quickly. Despite Square's point that it derives a relatively small portion of its profits from bitcoin revenue, the massive amount of revenue from bitcoin transactions, including customers' trades through Cash App, show the potential of this type of customer activity.</p><p>Returns on common equity and invested capital</p><p>These returns can give some insight into how well a management team deploys capital:</p><p>Return on invested capital is earnings divided by combined debt and equity. It is a measure of capital allocation efficiency and can be useful when comparing companies that are similar. In this case, none of these numbers are bad -- both companies are still growing their businesses in a dynamic environment.</p><p>Earnings estimates to 2025</p><p>Here are the actual earnings-per-share results for 2020 with consensus estimates among analysts polled by FactSet going out to 2025:</p><p>Here are estimated annual percentage  increases in EPS based on the above, plus an estimated five-year compound annual growth rate (CAGR):</p><p>That five-year CAGR for Square is bumped up by the expected EPS breakout in 2021. But if we run a four-year EPS CAGR from 2021 through 2025, the results are 21% for PayPal and 46% for Square. Both are impressive, but Square comes out on top if analysts' estimates are close to accurate. This helps explain the much higher forward price-to-earnings ratio for Square that you can see further down.</p><p>Cash flow</p><p>In the modern economy, many investors believe free cash flow -- remaining cash flow after planned capital expenditures -- is a critically important measure. One reason for this is that so many <a href=\"https://laohu8.com/S/AONE\">one</a>-time non-cash items can affect EPS. Another is that free cash flow can be deployed through business expansion, acquisitions, share buybacks dividends or other actions that will presumably be good for shareholders.</p><p>Square has had negative free cash flow <a href=\"https://laohu8.com/S/FCF\">$(FCF)$</a> for two of the past four quarters, which isn't surprising, as the company emphasizes growing its business. So it may be most useful to look ahead. FactSet has consensus estimates for FCF per share going out to 2023:</p><p>Again, the analysts expect great things from both companies, especially Square.</p><p>Stock valuation and performance</p><p>Here are forward price-to-earnings and price-to-sales ratios based on consensus estimates for the next 12 months, along with total return figures:</p><p>Those are high valuations to expected earnings and sales. Then again, that has been par for the course for the most rapidly growing tech-oriented stocks over the past several years.</p><p>Wall Street's opinion</p><p>PayPal has more \"buy\" ratings among Wall Street analysts polled by FactSet, but Square as the more aggressive price target:</p><p>Even though the analysts provide earnings estimates going many years out, their share-price targets are for 12 months, per tradition. This is where you need to think about what \"long term\" means to you as an investor. One year can be considered a short period for some long-term investors, who are looking to compound large gains over three- to five-year periods.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBAY":"eBay","TWTR":"Twitter","SQ":"Block","PYPL":"PayPal"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138312488","content_text":"Square has been a better long-term stock-market performer and it is growing more quickly. But analysts, on the whole, prefer PayPal.PayPal and Square are well-known to investors as rapidly growing players in the payment-processing space. They don't compete directly in all areas, but there are enough similarities to make a meaningful pairing.Where PayPal and Square fit inPayPal Holdings Inc. (PYPL) was spun off from eBay Inc. $(EBAY)$ in July 2015. Square was founded in 2009 by CEO Jack Dorsey and James McKelvey Jr. (a current board member), and went public in November 2015. Dorsey also serves as CEO of Twitter Inc. (TWTR), which he co-founded in 2006.PayPal said in its 2020 10-K filing  with the Securities and Exchange Commission that 13% of its revenue for the year came from customers on eBay's Marketplace platform. It also said that no other revenue source represented more than 10% of the whole.PayPal makes it easy to do payments online through its secure digital wallet -- a user simply signs into their PayPal account to make a payment to the merchant from a bank account or credit card. The purchaser doesn't need to provide any financial information to the merchant.During 2020, 93% of PayPal's revenue came from transactions, with the rest from \"other value-added services,\" a category that  has declined over the past two full years.Square offers what it calls a \"cohesive commerce ecosystem,\" which includes hardware and software, to help merchants process point-of-sale transactions and online transactions. Square also has Cash App, which helps individual users, businesses and organizations transfer money or bitcoin  through the app or by email.\"Customers can also use their stored funds to buy and sell bitcoin and equity investments within Cash App,\" according to Square's first-quarter 10-Q report .Here's a comparison of quarterly and annual transaction volume for the two companies, with figures in millions:PayPal has a much larger payment-processing business  than Square, and recently, its quarterly and annual transaction volumes have grown more rapidly.Key metricsSize, revenue and profitHere is a comparison of the companies' market capitalizations and GAAP net revenue figures for the first quarters of 2021 and 2020:GAAP stands for Generally Accepted Accounting Principles, under which Square's revenue from its bitcoin holdings has caused the company's total revenue to balloon. Here's Square's more detailed revenue breakdown:This illustrates why an investor considering an individual stock has to take a closer look to form their own opinion.Here's what Square had to say about its revenue reporting in its first-quarter shareholder letter :We deduct bitcoin revenue because our role is to facilitate customers' access to bitcoin. When customers buy bitcoin through Cash App, we only apply a small margin to the market cost of bitcoin, which tends to be volatile and outside our control. Therefore, we believe bitcoin gross profit better reflects the economic benefits as well as our performance from these transactions.More from Square's shareholder letter:While bitcoin revenue was $3.51 billion in the first quarter of 2021, up approximately 11x year over year, bitcoin gross profit was only $75 million, or approximately 2% of bitcoin revenue.So Square's adjusted net revenue for the first quarter was $1.55 billion, increasing 44% from the year-earlier quarter.Read:A bitcoin battle of the billionaires ensues as Jack Dorsey faces off with Musk on 'green' merits of world's No. 1 cryptoExcitement for bitcoin caused the spike in revenue for Square, as its Cash App users participated in the eightfold increase in the cryptocurrency's price in dollars over the 12 months through March 31.Here's a comparison of gross profits (earnings before operating expenses) and operating profits (earnings before interest and taxes)  for PayPal and Square for the first quarters of 2021 and 2020:PayPal has the larger payment-processing business, by far, while Square is growing its profits more quickly. Despite Square's point that it derives a relatively small portion of its profits from bitcoin revenue, the massive amount of revenue from bitcoin transactions, including customers' trades through Cash App, show the potential of this type of customer activity.Returns on common equity and invested capitalThese returns can give some insight into how well a management team deploys capital:Return on invested capital is earnings divided by combined debt and equity. It is a measure of capital allocation efficiency and can be useful when comparing companies that are similar. In this case, none of these numbers are bad -- both companies are still growing their businesses in a dynamic environment.Earnings estimates to 2025Here are the actual earnings-per-share results for 2020 with consensus estimates among analysts polled by FactSet going out to 2025:Here are estimated annual percentage  increases in EPS based on the above, plus an estimated five-year compound annual growth rate (CAGR):That five-year CAGR for Square is bumped up by the expected EPS breakout in 2021. But if we run a four-year EPS CAGR from 2021 through 2025, the results are 21% for PayPal and 46% for Square. Both are impressive, but Square comes out on top if analysts' estimates are close to accurate. This helps explain the much higher forward price-to-earnings ratio for Square that you can see further down.Cash flowIn the modern economy, many investors believe free cash flow -- remaining cash flow after planned capital expenditures -- is a critically important measure. One reason for this is that so many one-time non-cash items can affect EPS. Another is that free cash flow can be deployed through business expansion, acquisitions, share buybacks dividends or other actions that will presumably be good for shareholders.Square has had negative free cash flow $(FCF)$ for two of the past four quarters, which isn't surprising, as the company emphasizes growing its business. So it may be most useful to look ahead. FactSet has consensus estimates for FCF per share going out to 2023:Again, the analysts expect great things from both companies, especially Square.Stock valuation and performanceHere are forward price-to-earnings and price-to-sales ratios based on consensus estimates for the next 12 months, along with total return figures:Those are high valuations to expected earnings and sales. Then again, that has been par for the course for the most rapidly growing tech-oriented stocks over the past several years.Wall Street's opinionPayPal has more \"buy\" ratings among Wall Street analysts polled by FactSet, but Square as the more aggressive price target:Even though the analysts provide earnings estimates going many years out, their share-price targets are for 12 months, per tradition. This is where you need to think about what \"long term\" means to you as an investor. One year can be considered a short period for some long-term investors, who are looking to compound large gains over three- to five-year periods.","news_type":1},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137624219,"gmtCreate":1622344698431,"gmtModify":1704183258279,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137624219","repostId":"2138306488","repostType":4,"repost":{"id":"2138306488","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":1622212920,"share":"https://ttm.financial/m/news/2138306488?lang=&edition=fundamental","pubTime":"2021-05-28 22:42","market":"us","language":"en","title":"Consumers are feeling the pinch from higher inflation, U.S. sentiment survey shows, and they don't like it","url":"https://stock-news.laohu8.com/highlight/detail?id=2138306488","media":"Dow Jones","summary":"The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay hig","content":"<p>The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay higher prices for a variety of goods and services ranging from steaks to used cars to plane tickets, according to a closely followed consumer survey.</p><p>The second and final reading of the consumer sentiment index edged up a tick to 82.9 from an initial 82.8, the University of Michigan said Friday. But it was still down sharply from a 13-month high of 88.3 in April.</p><p>All three major surveys of consumer confidence fell in May  owing to worries about higher prices.</p><p>Big picture: For the first time in arguably decades inflation is on the minds of everyone from Main Street to Wall Street to Washington.  Prices are soaring after years of hardly any inflation.</p><p>The Federal Reserve, the nation's inflation watchdog, insists prices will come back down once the economy has mostly recovered from the coronavirus pandemic and  pentup demand is satisfied.</p><p>The process could take a year or more to play out, though, and keep the debate over inflation raging.</p><p>Key details: The surprise decline in consumer sentiment in May was triggered by sudden worries about inflation. Consumer prices have surged this year  and jumped more than 4% in the past 12 months -- a 13-year high.</p><p>Americans are paying more for virtually everything: groceries, gas, appliances, sporting goods, used vehicles, auto insurance, vacation rentals and so on. That's eating away at their paychecks and some of their hefty savings.</p><p>The result: The attitude of Americans right now about their personal finances and broader economy is somewhat subdued despite a huge decline in coronavirus cases. The so-called index of current conditions declined to 89.4 in May from 97.2 in April.</p><p>Consumers were also uncertain about what the next six months would bring. The expectation index slipped to 78.8 this month from 82.7 in April.</p><p>What they are saying? \"Record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables,' said Richard Curtin, chief economist of the survey.</p><p>Market reaction: The Dow Jones Industrial Average  and S&amp;P  rose in Friday trades. Stocks held onto gains after the sentiment results.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Consumers are feeling the pinch from higher inflation, U.S. sentiment survey shows, and they don't like it</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\">\nConsumers are feeling the pinch from higher inflation, U.S. sentiment survey shows, and they don't like it\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\">2021-05-28 22:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay higher prices for a variety of goods and services ranging from steaks to used cars to plane tickets, according to a closely followed consumer survey.</p><p>The second and final reading of the consumer sentiment index edged up a tick to 82.9 from an initial 82.8, the University of Michigan said Friday. But it was still down sharply from a 13-month high of 88.3 in April.</p><p>All three major surveys of consumer confidence fell in May  owing to worries about higher prices.</p><p>Big picture: For the first time in arguably decades inflation is on the minds of everyone from Main Street to Wall Street to Washington.  Prices are soaring after years of hardly any inflation.</p><p>The Federal Reserve, the nation's inflation watchdog, insists prices will come back down once the economy has mostly recovered from the coronavirus pandemic and  pentup demand is satisfied.</p><p>The process could take a year or more to play out, though, and keep the debate over inflation raging.</p><p>Key details: The surprise decline in consumer sentiment in May was triggered by sudden worries about inflation. Consumer prices have surged this year  and jumped more than 4% in the past 12 months -- a 13-year high.</p><p>Americans are paying more for virtually everything: groceries, gas, appliances, sporting goods, used vehicles, auto insurance, vacation rentals and so on. That's eating away at their paychecks and some of their hefty savings.</p><p>The result: The attitude of Americans right now about their personal finances and broader economy is somewhat subdued despite a huge decline in coronavirus cases. The so-called index of current conditions declined to 89.4 in May from 97.2 in April.</p><p>Consumers were also uncertain about what the next six months would bring. The expectation index slipped to 78.8 this month from 82.7 in April.</p><p>What they are saying? \"Record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables,' said Richard Curtin, chief economist of the survey.</p><p>Market reaction: The Dow Jones Industrial Average  and S&amp;P  rose in Friday trades. Stocks held onto gains after the sentiment results.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138306488","content_text":"The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay higher prices for a variety of goods and services ranging from steaks to used cars to plane tickets, according to a closely followed consumer survey.The second and final reading of the consumer sentiment index edged up a tick to 82.9 from an initial 82.8, the University of Michigan said Friday. But it was still down sharply from a 13-month high of 88.3 in April.All three major surveys of consumer confidence fell in May  owing to worries about higher prices.Big picture: For the first time in arguably decades inflation is on the minds of everyone from Main Street to Wall Street to Washington.  Prices are soaring after years of hardly any inflation.The Federal Reserve, the nation's inflation watchdog, insists prices will come back down once the economy has mostly recovered from the coronavirus pandemic and  pentup demand is satisfied.The process could take a year or more to play out, though, and keep the debate over inflation raging.Key details: The surprise decline in consumer sentiment in May was triggered by sudden worries about inflation. Consumer prices have surged this year  and jumped more than 4% in the past 12 months -- a 13-year high.Americans are paying more for virtually everything: groceries, gas, appliances, sporting goods, used vehicles, auto insurance, vacation rentals and so on. That's eating away at their paychecks and some of their hefty savings.The result: The attitude of Americans right now about their personal finances and broader economy is somewhat subdued despite a huge decline in coronavirus cases. The so-called index of current conditions declined to 89.4 in May from 97.2 in April.Consumers were also uncertain about what the next six months would bring. The expectation index slipped to 78.8 this month from 82.7 in April.What they are saying? \"Record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables,' said Richard Curtin, chief economist of the survey.Market reaction: The Dow Jones Industrial Average  and S&P  rose in Friday trades. Stocks held onto gains after the sentiment results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137624960,"gmtCreate":1622344686650,"gmtModify":1704183257793,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137624960","repostId":"2138029491","repostType":4,"repost":{"id":"2138029491","pubTimestamp":1622212520,"share":"https://ttm.financial/m/news/2138029491?lang=&edition=fundamental","pubTime":"2021-05-28 22:35","market":"us","language":"en","title":"Nissan to set up EV battery plants in Japan, Britain - Nikkei","url":"https://stock-news.laohu8.com/highlight/detail?id=2138029491","media":"CNA","summary":"Nissan Motor Co will partner with China-based battery maker Envision AESC group to build new battery plants for electric vehicles in Japan and United Kingdom and will invest over 200 billion yen (US$1.82 billion), Nikkei reported https://s.nikkei.com/34qpSwG on Friday.","content":"<p>REUTERS -Nissan Motor Co will partner with China-based battery maker Envision AESC group to build new battery plants for electric vehicles in Japan and United Kingdom and will invest over 200 billion yen (US$1.82 billion), Nikkei reported https://s.nikkei.com/34qpSwG on Friday.</p><p>The Japanese automaker will start turning out batteries in two new plants as early as 2024, aiming for total capacity sufficient to power 700,000 EVs per year, the report said.</p><p>\"Nissan will continue to accelerate electrification toward carbon neutrality, however we have no further plans to announce at this time,\" Nissan spokeswoman said.</p><p>Batteries are <a href=\"https://laohu8.com/S/AONE\">one</a> of the costliest components of EVs as raw materials account for the largest part of the cost.</p><p>To save costs, the Japanese automaker's alliance partner Renault Chief Executive Luca de Meo said this month the two companies are in talks to collaborate more by using the same battery technology, and Gupta said they have agreed on the common specifications of batteries.</p>","source":"can_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nissan to set up EV battery plants in Japan, Britain - Nikkei</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\">\nNissan to set up EV battery plants in Japan, Britain - Nikkei\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 22:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/news/business/nissan-to-set-up-ev-battery-plants-in-japan--britain---nikkei-14904648><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>REUTERS -Nissan Motor Co will partner with China-based battery maker Envision AESC group to build new battery plants for electric vehicles in Japan and United Kingdom and will invest over 200 billion ...</p>\n\n<a href=\"https://www.channelnewsasia.com/news/business/nissan-to-set-up-ev-battery-plants-in-japan--britain---nikkei-14904648\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NSANY":"日产汽车"},"source_url":"https://www.channelnewsasia.com/news/business/nissan-to-set-up-ev-battery-plants-in-japan--britain---nikkei-14904648","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138029491","content_text":"REUTERS -Nissan Motor Co will partner with China-based battery maker Envision AESC group to build new battery plants for electric vehicles in Japan and United Kingdom and will invest over 200 billion yen (US$1.82 billion), Nikkei reported https://s.nikkei.com/34qpSwG on Friday.The Japanese automaker will start turning out batteries in two new plants as early as 2024, aiming for total capacity sufficient to power 700,000 EVs per year, the report said.\"Nissan will continue to accelerate electrification toward carbon neutrality, however we have no further plans to announce at this time,\" Nissan spokeswoman said.Batteries are one of the costliest components of EVs as raw materials account for the largest part of the cost.To save costs, the Japanese automaker's alliance partner Renault Chief Executive Luca de Meo said this month the two companies are in talks to collaborate more by using the same battery technology, and Gupta said they have agreed on the common specifications of batteries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137625212,"gmtCreate":1622344667336,"gmtModify":1704183257306,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137625212","repostId":"2138488613","repostType":4,"repost":{"id":"2138488613","pubTimestamp":1622212702,"share":"https://ttm.financial/m/news/2138488613?lang=&edition=fundamental","pubTime":"2021-05-28 22:38","market":"us","language":"en","title":"Apple Looks to Create Partnerships in the ‘Alternative Payments Ecosystem’","url":"https://stock-news.laohu8.com/highlight/detail?id=2138488613","media":"WWD","summary":"As growth in the alternative payment space, including buy now, pay later, fast payments, cryptocurrency and digital wallets, only continues to expand, Apple is looking for a lead in alternative payments partnerships to join its team.According to a job listing posted earlier this week, the business development manager will work with Apple Pay teams to bring a “deep knowledge of the alternative payments ecosystem” and will be responsible for “developing and executing strategic and tactical plans a","content":"<p>As growth in the alternative payment space, including buy now, pay later, fast payments, cryptocurrency and digital wallets, only continues to expand, Apple is looking for a lead in alternative payments partnerships to join its team.</p><p>According to a job listing posted earlier this week, the business development manager will work with Apple Pay teams to bring a “deep knowledge of the alternative payments ecosystem” and will be responsible for “developing and executing strategic and tactical plans across many organizational partners.”</p><p>The team, states the listing, needs help forming partnership framework and commercial models, defining implementation paradigms, identifying key players and managing relationships with strategic alternative payment partners,” as Apple negotiates partnerships and launches new programs.</p><p>Notably, the listing states that screening potential partners will fall under the new hire’s scope. For BNPL, this will likely include companies such as Affirm, Afterpay, Klarna, <a href=\"https://laohu8.com/S/SZL.AU\">Sezzle</a>, SplitIt, Quadpay and <a href=\"https://laohu8.com/S/PYPL\">PayPal</a>. When asked what Apple’s move in the space may mean for the future of growth in the digital wallet, executives from the companies agreed it was a great opportunity for all involved, including consumers.</p><p>“Finding partnerships in the alternative payments space makes sense for Apple on a number of levels,” said Charlie Youakim, Sezzle chief executive officer and cofounder of Sezzle. “First, the world of payments is a significant Total Addressable Market opportunity, which is underpenetrated in terms of market share from alternative providers. Second, a partnership would allow Apple to avoid credit risk on its balance sheet. And third, it would be a natural extension of some of the products Apple already provides such as its iPhone Wallet, Apple Pay, and Apple Card.”</p><p>Moreover, Brad Paterson, chief executive officer at <a href=\"https://laohu8.com/S/SPT.AU\">Splitit</a>, said, “Apple’s news is another positive sign for the buy now, pay later industry. Payments expertise is a growing need for retailers as consumers demand more flexibility, including how they pay overtime. For example, many consumers prefer to pay in installments using their existing cards instead of obtaining new debt via traditional point-of-sale financing. Appointing a payment specialist will help companies such as Apple solve for the different and evolving needs of consumers.”</p><p>According to Zahir Khoja, head of North America at Afterpay, it’s important to note that its customers of Millennials and Gen Z represent a massive shift to debit spending, with more than 90 percent of transactions being made with a debit card.</p><p>“Unlike other BNPL products, which are just a new form of a credit card, Afterpay gives shoppers the ability to avoid expensive interest, hidden fees and pernicious debt,” Khoja said. “Afterpay’s current partnership with Apple represents a significant change in the way young people want to pay.</p><p>Affirm, Klarna and Quadpay withheld comment for this story.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Looks to Create Partnerships in the ‘Alternative Payments Ecosystem’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Looks to Create Partnerships in the ‘Alternative Payments Ecosystem’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 22:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/apple-looks-create-partnerships-alternative-143822899.html><strong>WWD</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As growth in the alternative payment space, including buy now, pay later, fast payments, cryptocurrency and digital wallets, only continues to expand, Apple is looking for a lead in alternative ...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-looks-create-partnerships-alternative-143822899.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","03086":"华夏纳指","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/apple-looks-create-partnerships-alternative-143822899.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138488613","content_text":"As growth in the alternative payment space, including buy now, pay later, fast payments, cryptocurrency and digital wallets, only continues to expand, Apple is looking for a lead in alternative payments partnerships to join its team.According to a job listing posted earlier this week, the business development manager will work with Apple Pay teams to bring a “deep knowledge of the alternative payments ecosystem” and will be responsible for “developing and executing strategic and tactical plans across many organizational partners.”The team, states the listing, needs help forming partnership framework and commercial models, defining implementation paradigms, identifying key players and managing relationships with strategic alternative payment partners,” as Apple negotiates partnerships and launches new programs.Notably, the listing states that screening potential partners will fall under the new hire’s scope. For BNPL, this will likely include companies such as Affirm, Afterpay, Klarna, Sezzle, SplitIt, Quadpay and PayPal. When asked what Apple’s move in the space may mean for the future of growth in the digital wallet, executives from the companies agreed it was a great opportunity for all involved, including consumers.“Finding partnerships in the alternative payments space makes sense for Apple on a number of levels,” said Charlie Youakim, Sezzle chief executive officer and cofounder of Sezzle. “First, the world of payments is a significant Total Addressable Market opportunity, which is underpenetrated in terms of market share from alternative providers. Second, a partnership would allow Apple to avoid credit risk on its balance sheet. And third, it would be a natural extension of some of the products Apple already provides such as its iPhone Wallet, Apple Pay, and Apple Card.”Moreover, Brad Paterson, chief executive officer at Splitit, said, “Apple’s news is another positive sign for the buy now, pay later industry. Payments expertise is a growing need for retailers as consumers demand more flexibility, including how they pay overtime. For example, many consumers prefer to pay in installments using their existing cards instead of obtaining new debt via traditional point-of-sale financing. Appointing a payment specialist will help companies such as Apple solve for the different and evolving needs of consumers.”According to Zahir Khoja, head of North America at Afterpay, it’s important to note that its customers of Millennials and Gen Z represent a massive shift to debit spending, with more than 90 percent of transactions being made with a debit card.“Unlike other BNPL products, which are just a new form of a credit card, Afterpay gives shoppers the ability to avoid expensive interest, hidden fees and pernicious debt,” Khoja said. “Afterpay’s current partnership with Apple represents a significant change in the way young people want to pay.Affirm, Klarna and Quadpay withheld comment for this story.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137625853,"gmtCreate":1622344655872,"gmtModify":1704183257145,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137625853","repostId":"2138488139","repostType":4,"isVote":1,"tweetType":1,"viewCount":876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137625064,"gmtCreate":1622344641358,"gmtModify":1704183256498,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137625064","repostId":"2138488761","repostType":4,"repost":{"id":"2138488761","pubTimestamp":1622214949,"share":"https://ttm.financial/m/news/2138488761?lang=&edition=fundamental","pubTime":"2021-05-28 23:15","market":"us","language":"en","title":"Costco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits","url":"https://stock-news.laohu8.com/highlight/detail?id=2138488761","media":"Yahoo Finance","summary":"Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehous","content":"<p>Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.</p><p>\"I'm pleased to report that our food courts are also coming back over the next few weeks in a bigger way. Last March, again in 2020 as the pandemic took hold, we pared back menu basically to hotdogs and pizza and soda and smoothies, and we eliminated all seating, those takeout only. We began several weeks ago adding back tables and seating and — at a handful of outdoor food courts in a few states,\" Costco CFO Richard Galanti told analysts on an earnings call Thursday evening.</p><p>Galanti explained Costco is bringing back popular menu items while also reconfiguring seating arrangements for diners.</p><p>\"Over the past few months, we've also added back a few more food items, including bringing back a new and improved churros, which will be at all U.S. locations by the 4th of July, and adding a high-end soft ice cream to replace our frozen yogurt. And by June 7, we plan to have tables in seating back at most locations, but with more physical separation, tables of 4 instead of 6 and 8 and about half the seating capacity as we had before. Again, these are still subject to doing this in waves and see how it goes and subject to any additional state rules or restrictions in a few cases,\" Galanti said.</p><p>Free food samples — another long-time favorite of Costco shoppers — will also be returning soon at 170 stores, Galanti confirmed.</p><p>Even without its beloved food courts back to full operation, Costco crushed analyst estimates for the most recent quarter as shoppers continued stock up for work-for-home life amidst the pandemic. Worldwide customer store traffic rose an impressive 12.9%, and 11.9% in the U.S. alone. Costco's worldwide membership renewal rate remained relatively unchanged compared to last year at 88.4%.</p><p>Here is how Costco performed versus Wall Street estimates for its fiscal third quarter:</p><ul><li><p><b>Net Sales: </b>$45.3 billion vs. $43.5 billion</p></li><li><p><b>Same-Store Sales: </b>+20.6% vs. +16%</p></li><li><p><b>Operating Profits:</b> $1.66 billion vs. $1.41 billion</p></li><li><p><b>Diluted EPS:</b> $2.75 vs. $2.33</p></li></ul><p>Analysts stayed upbeat.</p><p>\"Fiscal third quarter results reinforce our view that Costco is exiting COVID with a larger and higher quality member base that will support elevated compound returns for years to come,\" said Jefferies analyst Stephanie Wissink in a research note to clients.</p><p>Wissink reiterated a Buy rating on Costco with a $445 price target.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Costco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits</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\">\nCostco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.\"I'm pleased to report that our food courts...</p>\n\n<a href=\"https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BJ":"BJ批发俱乐部","WMT":"沃尔玛","TGT":"塔吉特","COST":"好市多"},"source_url":"https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138488761","content_text":"Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.\"I'm pleased to report that our food courts are also coming back over the next few weeks in a bigger way. Last March, again in 2020 as the pandemic took hold, we pared back menu basically to hotdogs and pizza and soda and smoothies, and we eliminated all seating, those takeout only. We began several weeks ago adding back tables and seating and — at a handful of outdoor food courts in a few states,\" Costco CFO Richard Galanti told analysts on an earnings call Thursday evening.Galanti explained Costco is bringing back popular menu items while also reconfiguring seating arrangements for diners.\"Over the past few months, we've also added back a few more food items, including bringing back a new and improved churros, which will be at all U.S. locations by the 4th of July, and adding a high-end soft ice cream to replace our frozen yogurt. And by June 7, we plan to have tables in seating back at most locations, but with more physical separation, tables of 4 instead of 6 and 8 and about half the seating capacity as we had before. Again, these are still subject to doing this in waves and see how it goes and subject to any additional state rules or restrictions in a few cases,\" Galanti said.Free food samples — another long-time favorite of Costco shoppers — will also be returning soon at 170 stores, Galanti confirmed.Even without its beloved food courts back to full operation, Costco crushed analyst estimates for the most recent quarter as shoppers continued stock up for work-for-home life amidst the pandemic. Worldwide customer store traffic rose an impressive 12.9%, and 11.9% in the U.S. alone. Costco's worldwide membership renewal rate remained relatively unchanged compared to last year at 88.4%.Here is how Costco performed versus Wall Street estimates for its fiscal third quarter:Net Sales: $45.3 billion vs. $43.5 billionSame-Store Sales: +20.6% vs. +16%Operating Profits: $1.66 billion vs. $1.41 billionDiluted EPS: $2.75 vs. $2.33Analysts stayed upbeat.\"Fiscal third quarter results reinforce our view that Costco is exiting COVID with a larger and higher quality member base that will support elevated compound returns for years to come,\" said Jefferies analyst Stephanie Wissink in a research note to clients.Wissink reiterated a Buy rating on Costco with a $445 price target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137622631,"gmtCreate":1622344618023,"gmtModify":1704183256175,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137622631","repostId":"2138765488","repostType":4,"repost":{"id":"2138765488","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1622215232,"share":"https://ttm.financial/m/news/2138765488?lang=&edition=fundamental","pubTime":"2021-05-28 23:20","market":"us","language":"en","title":"Tesla shares dip on recall rumors","url":"https://stock-news.laohu8.com/highlight/detail?id=2138765488","media":"Reuters","summary":"May 28  - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.","content":"<p>May 28 (Reuters) - Shares of Tesla Inc&nbsp;fell more than 1% on Friday after an unverified tweet&nbsp;said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.</p><p><img src=\"https://static.tigerbbs.com/ba675bb3c29017bd5165f1d31830b19e\" tg-width=\"794\" tg-height=\"614\" referrerpolicy=\"no-referrer\"></p><p>Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares dip on recall rumors</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 shares dip on recall rumors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-28 23:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>May 28 (Reuters) - Shares of Tesla Inc&nbsp;fell more than 1% on Friday after an unverified tweet&nbsp;said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.</p><p><img src=\"https://static.tigerbbs.com/ba675bb3c29017bd5165f1d31830b19e\" tg-width=\"794\" tg-height=\"614\" referrerpolicy=\"no-referrer\"></p><p>Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138765488","content_text":"May 28 (Reuters) - Shares of Tesla Inc fell more than 1% on Friday after an unverified tweet said the electric carmaker had decided to recall some of its Model Y and Model 3 vehicles, citing a note from the company.Tesla did not immediately respond to a Reuters request for comment and Reuters was unable to verify the statement from the company that was shown in the tweet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137626412,"gmtCreate":1622344604036,"gmtModify":1704183254880,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137626412","repostId":"2138948877","repostType":4,"repost":{"id":"2138948877","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1622215813,"share":"https://ttm.financial/m/news/2138948877?lang=&edition=fundamental","pubTime":"2021-05-28 23:30","market":"us","language":"en","title":"The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2138948877","media":"Investors","summary":"Vacation trends reveal shifts toward privacy, luxury and family, continuing a transformative period for leisure and travel stocks.","content":"<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever</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 Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-05-28 23:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WGO":"温尼巴格实业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138948877","content_text":"Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like Airbnb that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.Leisure, Travel Industry StocksShares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.Airline stocks like American Airlines, United Airlines and Delta Air Lines surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.Cruise stocks like Carnival, Royal Caribbean and Norwegian Cruise Line are showing similar patterns.Meanwhile, shares of boat makers MarineMax and Brunswick as well as RV makers Winnebago and Thor Industries need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.Hotel leader Marriott has been less volatile and is forming a base, though earnings and sales have yet to fully recover.Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from Expedia rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.When Luxury Means More PrivacyLuxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.Private jet leasing company NetJets, which is owned by Berkshire Hathaway, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.Vacation Shift Favors These Travel StocksHotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes & Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.The Homes & Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.Seaworthy Travel Stocks Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick as well as sport boat maker Malibu Boats.\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.Travel Stocks For Being Alone TogetherThe desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.\"The rediscovery of America will continue this summer,\" Weissman said.The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.Work-Life RebalanceAs people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"Future Of Business Travel?That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.Experts say fewer workers may fly for one-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in one house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134528893,"gmtCreate":1622249540712,"gmtModify":1704182173685,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/134528893","repostId":"2138488686","repostType":4,"repost":{"id":"2138488686","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1622212695,"share":"https://ttm.financial/m/news/2138488686?lang=&edition=fundamental","pubTime":"2021-05-28 22:38","market":"us","language":"en","title":"EU regulator endorses Pfizer-BioNTech COVID-19 vaccine for adolescents","url":"https://stock-news.laohu8.com/highlight/detail?id=2138488686","media":"Reuters","summary":"May 28 (Reuters) - Europe's medicines regulator on Friday backed the use of Pfizer's    COVID-19 vac","content":"<p>May 28 (Reuters) - Europe's medicines regulator on Friday backed the use of Pfizer's    COVID-19 vaccine for children as young as 12, paving way for a broader roll-out in the region after similar clearances in the United States and Canada.</p><p>The European Medicines Agency's endorsement comes weeks after it began evaluating extending use of the vaccine, developed with Germany's BioNTech   , to include 12- to 15-year olds. It is already being used in the European Union for those aged 16 and older.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU regulator endorses Pfizer-BioNTech COVID-19 vaccine for adolescents</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\">\nEU regulator endorses Pfizer-BioNTech COVID-19 vaccine for adolescents\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-28 22:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>May 28 (Reuters) - Europe's medicines regulator on Friday backed the use of Pfizer's    COVID-19 vaccine for children as young as 12, paving way for a broader roll-out in the region after similar clearances in the United States and Canada.</p><p>The European Medicines Agency's endorsement comes weeks after it began evaluating extending use of the vaccine, developed with Germany's BioNTech   , to include 12- to 15-year olds. It is already being used in the European Union for those aged 16 and older.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","BNTX":"BioNTech SE"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138488686","content_text":"May 28 (Reuters) - Europe's medicines regulator on Friday backed the use of Pfizer's    COVID-19 vaccine for children as young as 12, paving way for a broader roll-out in the region after similar clearances in the United States and Canada.The European Medicines Agency's endorsement comes weeks after it began evaluating extending use of the vaccine, developed with Germany's BioNTech   , to include 12- to 15-year olds. It is already being used in the European Union for those aged 16 and older.","news_type":1},"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":341192573,"gmtCreate":1617789749192,"gmtModify":1704703156258,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/341192573","repostId":"1122757766","repostType":4,"repost":{"id":"1122757766","pubTimestamp":1617788627,"share":"https://ttm.financial/m/news/1122757766?lang=&edition=fundamental","pubTime":"2021-04-07 17:43","market":"us","language":"en","title":"Why the ‘Fed put’ makes low-volatility stocks an attractive replacement for bonds","url":"https://stock-news.laohu8.com/highlight/detail?id=1122757766","media":"MarketWatch","summary":"Less-volatile stocks should hold their ground when interest rates rise\nIs it time to give up on low-","content":"<p>Less-volatile stocks should hold their ground when interest rates rise</p>\n<p>Is it time to give up on low-volatility investment strategies? These strategies favor the stocks whose trailing returns are the least volatile. Not only do these stocks’ low volatility persist, on average, historically they have also gained more than the market itself. Higher return with lower risk is a winning combination.</p>\n<p>But not last year. The Invesco S&amp;P 500 Low Volatility ETF,for example, lost 1.4%, in contrast to an 18.4% total return gain for the SPDR S&amp;P 500 ETF.That margin of loss relative to the market — negative alpha — of nearly 20 percentage points is twice as large as the next-worst year for this ETF.</p>\n<p>This year hasn’t been any kinder to the low-volatility strategy. In the first quarter, the Invesco ETF lagged the S&amp;P 500by 2.5 percentage points. In fact, as you can see from the chart below, SPLV’s trailing three-year return relative to the stock market — its alpha — has been hovering near the zero line for close to 15 years.</p>\n<p><img src=\"https://static.tigerbbs.com/703ed2c87cf5dcff45720e5d19f971e9\" tg-width=\"620\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p>\n<p>For advice on low-volatility’s place in the current market environment, I turned to Nardin Baker, chief strategist at South Street Investment Advisers. Baker was the co-author (with the late Robert Haugen) of some of the first academic studies documenting the historical performance of low-volatility stocks. Perhaps the best-known of those studies —Low Risk Stocks Outperform within All Observable Markets of the World— showed that the low-volatility effect existed in each of 33 different country stocks markets over the period from 1990 through 2011.</p>\n<p>I fully expected Baker to tell me that he thought last year represented nothing more than an exception to the otherwise impressive long-term rule. But he didn’t. In an interview, Baker said that both the U.S. economy and stock market have fundamentally changed in ways that greatly reduce the future attractiveness of low-volatility stocks.</p>\n<p>Baker traces this change directly to the Federal Reserve’s easy-money policy. Because of that policy, investors face less risk when pursuing aggressive strategies than they otherwise would. They have confidence that “when the market gets risky, the Fed will step in to save the day and prop up the market,” he said.</p>\n<p>This policy is known colloquially on Wall Street as the “Fed put.” As I wrote last fall in a&nbsp;column about a Duke University professor’s research, there is solid evidence that such a put exists.</p>\n<p>Because of the Fed put, Baker reasoned, low-volatility strategies have become markedly less compelling. “When you eliminate the downside risk of a security, you’re basically telling investors that its returns going forward will not be normally distributed. What benefits the most when you cut off the left-hand tail of a distribution are the riskiest strategies.”</p>\n<p>In order for low-volatility strategies in the future to be anywhere near as compelling as they were in the past, therefore, the Fed put would need to stop existing. That seems unlikely, Baker said, for a variety of political and economic reasons. “I don’t think there is any going back,” he added.</p>\n<p>Baker said this doesn’t mean low-volatility strategies have no role to play in investment portfolios. But their role will have to change. We now should view them as a substitute for a portion of our fixed-income allocation.</p>\n<p>Baker’s rationale is that fixed-income investors have limited options in a world in which bonds’ expected return is below inflation. Instead of shifting our fixed income allocation into particularly risky bond strategies, such as high-yield or long-term durations, we might instead want to invest some of that allocation in low-volatility stocks. There’s no reason to expect these stocks to stop exhibiting low volatility, so in that sense they are somewhat bond-like. Unlike bonds, there’s no particular reason to expect low-volatility stocks to lose ground when interest rates rise.</p>\n<p>For an analogy, Baker imagines that we’re being pushed into traffic. That’s in effect what the Fed is doing in forcing us to take risks, and he says that the choice facing fixed-income investors is between being pushed into “fast-moving or fast-slowing traffic.” Low-volatility stocks are the slow-moving traffic.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the ‘Fed put’ makes low-volatility stocks an attractive replacement for bonds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy the ‘Fed put’ makes low-volatility stocks an attractive replacement for bonds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-07 17:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-the-fed-put-makes-low-volatility-stocks-an-attractive-replacement-for-bonds-11617677512?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Less-volatile stocks should hold their ground when interest rates rise\nIs it time to give up on low-volatility investment strategies? These strategies favor the stocks whose trailing returns are the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-the-fed-put-makes-low-volatility-stocks-an-attractive-replacement-for-bonds-11617677512?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":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/why-the-fed-put-makes-low-volatility-stocks-an-attractive-replacement-for-bonds-11617677512?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122757766","content_text":"Less-volatile stocks should hold their ground when interest rates rise\nIs it time to give up on low-volatility investment strategies? These strategies favor the stocks whose trailing returns are the least volatile. Not only do these stocks’ low volatility persist, on average, historically they have also gained more than the market itself. Higher return with lower risk is a winning combination.\nBut not last year. The Invesco S&P 500 Low Volatility ETF,for example, lost 1.4%, in contrast to an 18.4% total return gain for the SPDR S&P 500 ETF.That margin of loss relative to the market — negative alpha — of nearly 20 percentage points is twice as large as the next-worst year for this ETF.\nThis year hasn’t been any kinder to the low-volatility strategy. In the first quarter, the Invesco ETF lagged the S&P 500by 2.5 percentage points. In fact, as you can see from the chart below, SPLV’s trailing three-year return relative to the stock market — its alpha — has been hovering near the zero line for close to 15 years.\n\nFor advice on low-volatility’s place in the current market environment, I turned to Nardin Baker, chief strategist at South Street Investment Advisers. Baker was the co-author (with the late Robert Haugen) of some of the first academic studies documenting the historical performance of low-volatility stocks. Perhaps the best-known of those studies —Low Risk Stocks Outperform within All Observable Markets of the World— showed that the low-volatility effect existed in each of 33 different country stocks markets over the period from 1990 through 2011.\nI fully expected Baker to tell me that he thought last year represented nothing more than an exception to the otherwise impressive long-term rule. But he didn’t. In an interview, Baker said that both the U.S. economy and stock market have fundamentally changed in ways that greatly reduce the future attractiveness of low-volatility stocks.\nBaker traces this change directly to the Federal Reserve’s easy-money policy. Because of that policy, investors face less risk when pursuing aggressive strategies than they otherwise would. They have confidence that “when the market gets risky, the Fed will step in to save the day and prop up the market,” he said.\nThis policy is known colloquially on Wall Street as the “Fed put.” As I wrote last fall in a column about a Duke University professor’s research, there is solid evidence that such a put exists.\nBecause of the Fed put, Baker reasoned, low-volatility strategies have become markedly less compelling. “When you eliminate the downside risk of a security, you’re basically telling investors that its returns going forward will not be normally distributed. What benefits the most when you cut off the left-hand tail of a distribution are the riskiest strategies.”\nIn order for low-volatility strategies in the future to be anywhere near as compelling as they were in the past, therefore, the Fed put would need to stop existing. That seems unlikely, Baker said, for a variety of political and economic reasons. “I don’t think there is any going back,” he added.\nBaker said this doesn’t mean low-volatility strategies have no role to play in investment portfolios. But their role will have to change. We now should view them as a substitute for a portion of our fixed-income allocation.\nBaker’s rationale is that fixed-income investors have limited options in a world in which bonds’ expected return is below inflation. Instead of shifting our fixed income allocation into particularly risky bond strategies, such as high-yield or long-term durations, we might instead want to invest some of that allocation in low-volatility stocks. There’s no reason to expect these stocks to stop exhibiting low volatility, so in that sense they are somewhat bond-like. Unlike bonds, there’s no particular reason to expect low-volatility stocks to lose ground when interest rates rise.\nFor an analogy, Baker imagines that we’re being pushed into traffic. That’s in effect what the Fed is doing in forcing us to take risks, and he says that the choice facing fixed-income investors is between being pushed into “fast-moving or fast-slowing traffic.” Low-volatility stocks are the slow-moving traffic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346884189,"gmtCreate":1618021293141,"gmtModify":1704706051487,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/346884189","repostId":"2126038125","repostType":4,"repost":{"id":"2126038125","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617981432,"share":"https://ttm.financial/m/news/2126038125?lang=&edition=fundamental","pubTime":"2021-04-09 23:17","market":"us","language":"en","title":"EU seeks new contract with Pfizer/BioNTech for up to 1.8 billion vaccines from 2022 -EU source","url":"https://stock-news.laohu8.com/highlight/detail?id=2126038125","media":"Reuters","summary":"BRUSSELS, April 9 (Reuters) - The European Commission is seeking EU governments’ approval to launch ","content":"<p>BRUSSELS, April 9 (Reuters) - The European Commission is seeking EU governments’ approval to launch talks with Pfizer and BioNTech for the purchase of up to 1.8 billion doses of their COVID-19 vaccines to be delivered in 2022 and 2023, an EU official told Reuters.</p>\n<p>Earlier on Friday, German daily Die Welt reported that the Commission was shortly to sign contracts to buy up to 1.8 billion doses, but did not say with which company.</p>\n<p>The EU official, who asked not to be named because the matter is confidential, said the EU executive had already decided to approach Pfizer-BioNTech and that EU governments backed the plan, though there was not yet a definitive approval.</p>\n<p>A Commission spokesman confirmed plans to buy the additional doses, of which half would be optional.</p>\n<p>He also confirmed that the EU executive had already identified one supplier, a manufacturer of mRNA vaccines, but declined to comment on which company would be approached to negotiate the contract.</p>\n<p>“If provided the opportunity Pfizer and BioNTech are prepared to supply Europe with hundreds of millions of doses of COVID vaccines in 2022 and 2023 produced in our manufacturing facilities in Europe,” a Pfizer spokesman said.</p>\n<p>The two companies have the capacity to produce more than 3 billion doses of vaccine in 2022, he added.</p>\n<p>Pfizer-BioNTech and Moderna are already supplying the EU with mRNA vaccines and German biotech firm CureVac is seeking EU approval for its mRNA shot.</p>\n<p>The vaccines would be delivered under monthly timetables and with clauses obliging the supplier to deliver, the EU official said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU seeks new contract with Pfizer/BioNTech for up to 1.8 billion vaccines from 2022 -EU source</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\">\nEU seeks new contract with Pfizer/BioNTech for up to 1.8 billion vaccines from 2022 -EU source\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-09 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BRUSSELS, April 9 (Reuters) - The European Commission is seeking EU governments’ approval to launch talks with Pfizer and BioNTech for the purchase of up to 1.8 billion doses of their COVID-19 vaccines to be delivered in 2022 and 2023, an EU official told Reuters.</p>\n<p>Earlier on Friday, German daily Die Welt reported that the Commission was shortly to sign contracts to buy up to 1.8 billion doses, but did not say with which company.</p>\n<p>The EU official, who asked not to be named because the matter is confidential, said the EU executive had already decided to approach Pfizer-BioNTech and that EU governments backed the plan, though there was not yet a definitive approval.</p>\n<p>A Commission spokesman confirmed plans to buy the additional doses, of which half would be optional.</p>\n<p>He also confirmed that the EU executive had already identified one supplier, a manufacturer of mRNA vaccines, but declined to comment on which company would be approached to negotiate the contract.</p>\n<p>“If provided the opportunity Pfizer and BioNTech are prepared to supply Europe with hundreds of millions of doses of COVID vaccines in 2022 and 2023 produced in our manufacturing facilities in Europe,” a Pfizer spokesman said.</p>\n<p>The two companies have the capacity to produce more than 3 billion doses of vaccine in 2022, he added.</p>\n<p>Pfizer-BioNTech and Moderna are already supplying the EU with mRNA vaccines and German biotech firm CureVac is seeking EU approval for its mRNA shot.</p>\n<p>The vaccines would be delivered under monthly timetables and with clauses obliging the supplier to deliver, the EU official said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","BNTX":"BioNTech SE"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126038125","content_text":"BRUSSELS, April 9 (Reuters) - The European Commission is seeking EU governments’ approval to launch talks with Pfizer and BioNTech for the purchase of up to 1.8 billion doses of their COVID-19 vaccines to be delivered in 2022 and 2023, an EU official told Reuters.\nEarlier on Friday, German daily Die Welt reported that the Commission was shortly to sign contracts to buy up to 1.8 billion doses, but did not say with which company.\nThe EU official, who asked not to be named because the matter is confidential, said the EU executive had already decided to approach Pfizer-BioNTech and that EU governments backed the plan, though there was not yet a definitive approval.\nA Commission spokesman confirmed plans to buy the additional doses, of which half would be optional.\nHe also confirmed that the EU executive had already identified one supplier, a manufacturer of mRNA vaccines, but declined to comment on which company would be approached to negotiate the contract.\n“If provided the opportunity Pfizer and BioNTech are prepared to supply Europe with hundreds of millions of doses of COVID vaccines in 2022 and 2023 produced in our manufacturing facilities in Europe,” a Pfizer spokesman said.\nThe two companies have the capacity to produce more than 3 billion doses of vaccine in 2022, he added.\nPfizer-BioNTech and Moderna are already supplying the EU with mRNA vaccines and German biotech firm CureVac is seeking EU approval for its mRNA shot.\nThe vaccines would be delivered under monthly timetables and with clauses obliging the supplier to deliver, the EU official said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137625853,"gmtCreate":1622344655872,"gmtModify":1704183257145,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137625853","repostId":"2138488139","repostType":4,"isVote":1,"tweetType":1,"viewCount":876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373740367,"gmtCreate":1618886504159,"gmtModify":1704716368426,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/373740367","repostId":"1114029655","repostType":4,"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347015902,"gmtCreate":1618449175306,"gmtModify":1704710970237,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/347015902","repostId":"1176099988","repostType":4,"repost":{"id":"1176099988","pubTimestamp":1618196513,"share":"https://ttm.financial/m/news/1176099988?lang=&edition=fundamental","pubTime":"2021-04-12 11:01","market":"us","language":"en","title":"AppLovin IPO: 5 things to know about the software company seeking a $30 billion valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1176099988","media":"MarketWatch","summary":"Software company that helps videogame and other developers monetize and manage their apps also owns ","content":"<p>Software company that helps videogame and other developers monetize and manage their apps also owns its own portfolio of mobile games</p>\n<p><img src=\"https://static.tigerbbs.com/a6543158d4079a56022522c1b36c5e81\" tg-width=\"620\" tg-height=\"418\" referrerpolicy=\"no-referrer\"></p>\n<p>AppLovin Inc. is shooting for a valuation of more than $30 billion as the app-software company set terms for its initial public offering in its bid to catch a sizable piece of a $200 billion mobile app market.</p>\n<p>On last&nbsp;Wednesday, AppLovin&nbsp;named a price range for its shares of&nbsp;$75 to $85 apiece, a price that could value the company at more than $30 billion. The company plans to sell at least 25 million shares and have about 360 million shares outstanding, which would trade on the Nasdaq under the ticker “APP.”</p>\n<p>The Palo Alto, Calif., company, which will be a decade old in July, makes marketing, monetization and analytics software that helps app developers grow their businesses. It also owns a portfolio of more than 200 free-to-play mobile games with in-app purchases. The expected valuation of AppLovin dwarfs that of a recent comparable IPO, Unity Software Inc.,which was valued at&nbsp;nearly $14 billion&nbsp;at the time of its IPO in September.</p>\n<p>In its Securities and Exchange Commission filing, AppLovin said it sees a total market opportunity of about $189 billion, with $101 billion of that in in-app advertising revenue and about $88 billion in worldwide direct-game spending, citing IDC 2020 figures. AppLovin expects that market opportunity to grow to $283 billion by 2024.</p>\n<p>Here are five things to know about AppLovin.</p>\n<p><b>The cost of business more than doubled, and Apple and Google are a reason</b></p>\n<p>AppLovin said it took in $1.45 billion in revenue in 2020, resulting in a loss of $125.9 million, versus 2019 revenue of $994.1 million and net income of $119 million. In 2018, the company booked revenue of $483.4 million for a loss of $260 million.</p>\n<p>The big cost hike in 2020 versus 2019 was a 130% jump in cost-of-business expenses to $555.6 million, with $112 million of it due to payment-processing fees. Those payment-processing fees are the same kind that&nbsp;Epic Games balked about&nbsp;paying to Apple Inc.’s&nbsp;App Store and Alphabet Inc.’s&nbsp;Google Play store, that ran as high as 30% of purchases.</p>\n<p>“The mobile-app ecosystem depends in part on a relatively small number of third-party distribution platforms, such as the Apple App Store, the Google Play store, and Facebook, some of which are direct competitors,” AppLovin said in its S-1. “We derive significant revenue from the distribution of our apps through these third-party platforms and almost all of our [in-app purchases] are made through the payment processing systems of these third-party platforms.”</p>\n<p><b>Nearly a quarter of proceeds will go to pay down debt</b></p>\n<p>AppLovin estimates it stands to bring in net proceeds of about $1.74 billion if it prices at the mid-point of its range.</p>\n<p>Of that, the company said it plans to use about $400 million to pay off debt under its revolving credit facility. Currently, AppLovin lists $1.6 billion in debt.</p>\n<p>“Additionally, we expect to use a portion of the net proceeds to enter into strategic acquisitions and partnerships,” AppLovin said. “However, other than our pending acquisition of Adjust, we do not have definitive agreements or commitments for any material acquisitions or partnerships at this time.”</p>\n<p><b>Acquisitions are part of its growth strategy</b></p>\n<p>Most recently, AppLovin announced plans to acquire Germany-based mobile-app measurement and marketing company Adjust. While AppLovin did not disclose terms of the deal, Crunchbase estimated the price at $1 billion.</p>\n<p>The company did state in its S-1 that it has “invested over $1&nbsp;billion across 15 strategic acquisitions and partnerships” since the beginning of 2018.</p>\n<p>AppLovin acquired mobile-game developer Machine Zone Inc. last May for an undisclosed amount, although Crunchbase estimated the deal at $500 million.</p>\n<p>That follows acquisitions of software development kit-management platform&nbsp;SafeDK in 2019, in-app header bidding company Max Inc. in 2018, and Germany-based mobile-ad network&nbsp;Moqoqo in 2014.</p>\n<p>“We will continue to explore and evaluate additional acquisitions, some of which may be the same size or even larger in scale and investment than the Machine Zone acquisition and our pending acquisition of Adjust,” the company said.</p>\n<p><b>KKR has the lion’s share of voting control</b></p>\n<p>The company plans to offer Class A shares in the IPO, which carry one vote, while early investors’ Class B shares will carry 20 votes. AppLovin has raised $1.4 billion in funding from investors, according to Crunchbase.</p>\n<p>Holding the reins will be KKR Denali Holdings, which will hold 72.4% of Class B shares after the offering, for 67.4% of the voting power. Other Class B shareholders include Applovin Chief Executive and co-founder Adam Foroughi, who will own 19.4% of the Class B shares with 18.1% voting rights, and Chief Financial Officer Herald Chen, with 3.2% of the Class B shares and 3% of voting rights.</p>\n<p>The company will also establish a nonvoting class of shares, though those shares do not yet exist.</p>\n<p><b>Attempt to sell to Chinese firm failed, and KKR stepped in</b></p>\n<p>If it wasn’t for U.S. concerns about investments in strategic assets from China, KKR may have never got involved and AppLovin would not have gone public.</p>\n<p>In September 2016, AppLovin agreed to be acquired outright by Chinese private-equity firm Orient Hontai Capital for&nbsp;$1.4 billion. A little over a year later, that deal was scrapped — reportedly after the Committee on Foreign Investment in the United States pushed back on the deal over customer data concerns — and&nbsp;AppLovin agreed to take an $841 million debt investment&nbsp;from Orient Hontai. Prior to that deal, Orient Hontai had invested $140 million in the company; currently, Orient Hontai owns 26.2 million Class A shares.</p>\n<p>In July 2018, KKR &amp; Co. invested $400 million for a minority stake in AppLovin of roughly 110 million shares. At the suggested IPO price, that $400 million investment would be worth more than $8 billion.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AppLovin IPO: 5 things to know about the software company seeking a $30 billion valuation</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\">\nAppLovin IPO: 5 things to know about the software company seeking a $30 billion valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/applovin-ipo-5-things-to-know-about-the-software-company-seeking-a-30-billion-valuation-11617836424><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Software company that helps videogame and other developers monetize and manage their apps also owns its own portfolio of mobile games\n\nAppLovin Inc. is shooting for a valuation of more than $30 ...</p>\n\n<a href=\"https://www.marketwatch.com/story/applovin-ipo-5-things-to-know-about-the-software-company-seeking-a-30-billion-valuation-11617836424\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APP":"AppLovin Corporation"},"source_url":"https://www.marketwatch.com/story/applovin-ipo-5-things-to-know-about-the-software-company-seeking-a-30-billion-valuation-11617836424","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176099988","content_text":"Software company that helps videogame and other developers monetize and manage their apps also owns its own portfolio of mobile games\n\nAppLovin Inc. is shooting for a valuation of more than $30 billion as the app-software company set terms for its initial public offering in its bid to catch a sizable piece of a $200 billion mobile app market.\nOn last Wednesday, AppLovin named a price range for its shares of $75 to $85 apiece, a price that could value the company at more than $30 billion. The company plans to sell at least 25 million shares and have about 360 million shares outstanding, which would trade on the Nasdaq under the ticker “APP.”\nThe Palo Alto, Calif., company, which will be a decade old in July, makes marketing, monetization and analytics software that helps app developers grow their businesses. It also owns a portfolio of more than 200 free-to-play mobile games with in-app purchases. The expected valuation of AppLovin dwarfs that of a recent comparable IPO, Unity Software Inc.,which was valued at nearly $14 billion at the time of its IPO in September.\nIn its Securities and Exchange Commission filing, AppLovin said it sees a total market opportunity of about $189 billion, with $101 billion of that in in-app advertising revenue and about $88 billion in worldwide direct-game spending, citing IDC 2020 figures. AppLovin expects that market opportunity to grow to $283 billion by 2024.\nHere are five things to know about AppLovin.\nThe cost of business more than doubled, and Apple and Google are a reason\nAppLovin said it took in $1.45 billion in revenue in 2020, resulting in a loss of $125.9 million, versus 2019 revenue of $994.1 million and net income of $119 million. In 2018, the company booked revenue of $483.4 million for a loss of $260 million.\nThe big cost hike in 2020 versus 2019 was a 130% jump in cost-of-business expenses to $555.6 million, with $112 million of it due to payment-processing fees. Those payment-processing fees are the same kind that Epic Games balked about paying to Apple Inc.’s App Store and Alphabet Inc.’s Google Play store, that ran as high as 30% of purchases.\n“The mobile-app ecosystem depends in part on a relatively small number of third-party distribution platforms, such as the Apple App Store, the Google Play store, and Facebook, some of which are direct competitors,” AppLovin said in its S-1. “We derive significant revenue from the distribution of our apps through these third-party platforms and almost all of our [in-app purchases] are made through the payment processing systems of these third-party platforms.”\nNearly a quarter of proceeds will go to pay down debt\nAppLovin estimates it stands to bring in net proceeds of about $1.74 billion if it prices at the mid-point of its range.\nOf that, the company said it plans to use about $400 million to pay off debt under its revolving credit facility. Currently, AppLovin lists $1.6 billion in debt.\n“Additionally, we expect to use a portion of the net proceeds to enter into strategic acquisitions and partnerships,” AppLovin said. “However, other than our pending acquisition of Adjust, we do not have definitive agreements or commitments for any material acquisitions or partnerships at this time.”\nAcquisitions are part of its growth strategy\nMost recently, AppLovin announced plans to acquire Germany-based mobile-app measurement and marketing company Adjust. While AppLovin did not disclose terms of the deal, Crunchbase estimated the price at $1 billion.\nThe company did state in its S-1 that it has “invested over $1 billion across 15 strategic acquisitions and partnerships” since the beginning of 2018.\nAppLovin acquired mobile-game developer Machine Zone Inc. last May for an undisclosed amount, although Crunchbase estimated the deal at $500 million.\nThat follows acquisitions of software development kit-management platform SafeDK in 2019, in-app header bidding company Max Inc. in 2018, and Germany-based mobile-ad network Moqoqo in 2014.\n“We will continue to explore and evaluate additional acquisitions, some of which may be the same size or even larger in scale and investment than the Machine Zone acquisition and our pending acquisition of Adjust,” the company said.\nKKR has the lion’s share of voting control\nThe company plans to offer Class A shares in the IPO, which carry one vote, while early investors’ Class B shares will carry 20 votes. AppLovin has raised $1.4 billion in funding from investors, according to Crunchbase.\nHolding the reins will be KKR Denali Holdings, which will hold 72.4% of Class B shares after the offering, for 67.4% of the voting power. Other Class B shareholders include Applovin Chief Executive and co-founder Adam Foroughi, who will own 19.4% of the Class B shares with 18.1% voting rights, and Chief Financial Officer Herald Chen, with 3.2% of the Class B shares and 3% of voting rights.\nThe company will also establish a nonvoting class of shares, though those shares do not yet exist.\nAttempt to sell to Chinese firm failed, and KKR stepped in\nIf it wasn’t for U.S. concerns about investments in strategic assets from China, KKR may have never got involved and AppLovin would not have gone public.\nIn September 2016, AppLovin agreed to be acquired outright by Chinese private-equity firm Orient Hontai Capital for $1.4 billion. A little over a year later, that deal was scrapped — reportedly after the Committee on Foreign Investment in the United States pushed back on the deal over customer data concerns — and AppLovin agreed to take an $841 million debt investment from Orient Hontai. Prior to that deal, Orient Hontai had invested $140 million in the company; currently, Orient Hontai owns 26.2 million Class A shares.\nIn July 2018, KKR & Co. invested $400 million for a minority stake in AppLovin of roughly 110 million shares. At the suggested IPO price, that $400 million investment would be worth more than $8 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373740116,"gmtCreate":1618886522935,"gmtModify":1704716368910,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"oh","listText":"oh","text":"oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/373740116","repostId":"1146957181","repostType":4,"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347015852,"gmtCreate":1618449195576,"gmtModify":1704710971048,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/347015852","repostId":"1109744430","repostType":4,"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164702807,"gmtCreate":1624235357409,"gmtModify":1703831032806,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164702807","repostId":"2145470425","repostType":4,"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110612930,"gmtCreate":1622448724320,"gmtModify":1704184569832,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/110612930","repostId":"1164081350","repostType":4,"repost":{"id":"1164081350","pubTimestamp":1622442926,"share":"https://ttm.financial/m/news/1164081350?lang=&edition=fundamental","pubTime":"2021-05-31 14:35","market":"us","language":"en","title":"Is the Stock Market Open Today? Here Are the Hours on Memorial Day 2021.","url":"https://stock-news.laohu8.com/highlight/detail?id=1164081350","media":"Barrons","summary":"Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.\nSince it bec","content":"<p>Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.</p>\n<p>Since it became a national holiday in 1971, Memorial Day has been the last Monday of May, honoring those who died while serving in the U.S. military. In this case, Memorial Day falls on the last day of the month.</p>\n<p>U.S. equities had&nbsp;a mostly dull&nbsp;week, with the&nbsp;S&amp;P 500 index&nbsp;rising 1.2% and the&nbsp;Dow Jones Industrial Average&nbsp;rising 0.9%. The S&amp;P 500 and Dow ended the month 2% and 0.6% higher, respectively.</p>\n<p>The majority of the action this week was in more speculative areas of the market: Cryptocurrencies were on a roller-coaster ride and shares of Reddit favorites&nbsp;AMC Entertainment&nbsp;(ticker: AMC) and&nbsp;GameStop&nbsp;(GME) surged. Shares of AMC closed out the week&nbsp;116% higher.</p>\n<p><b>Is the Stock Market Open on Memorial Day 2021?</b></p>\n<p>Investors must wait until Tuesday to see if those trends continue. The New York Stock Exchange and Nasdaq are both closed on Monday, May 31. The same is true for U.S. over-the-counter markets. They’ll be back open on Tuesday at 9:30 a.m. EDT. U.S. bond markets will also be closed.</p>\n<p><b>What About International Markets?</b></p>\n<p>Since Memorial Day is an American holiday, international markets are mostly open. An exception is the London Stock Exchange, which will be closed for a bank holiday. The Toronto Stock Exchange, Shanghai Stock Exchange, Hong Kong stock exchange, and Tokyo Stock Exchange will be open.</p>\n<p><b>How Will Covid-19 Impact the Holiday?</b></p>\n<p>Memorial Day events were largely restricted or canceled last year due to the Covid-19 pandemic. This year, the Centers for Disease Control and Prevention has said vaccinated Americans can travel and enjoy the holiday with other vaccinated friends.</p>\n<p>“If you are vaccinated, you are protected, and you can enjoy your Memorial Day,” said CDC Director Dr. Rochelle P. Walensky,according to the New York Times. “If you are not vaccinated, our guidance has not changed for you, you remain at risk of infection. You still need to mask and take other precautions.”</p>\n<p>While the U.S. is reopening, some things will be closed on Memorial Day because it’s a federal holiday. Mail, for example, will not be delivered.</p>\n<p>Memorial Day is a popular weekend for sales at home-improvement retailers such as&nbsp;Lowe’s&nbsp;(LOW) and&nbsp;Home Depo&nbsp;t(HD), which both benefited during the pandemic from&nbsp;consumers spending more on their homes.</p>\n<p><b>How Have Stocks Performed Historically During the Week After Memorial Day?</b></p>\n<p>The S&amp;P 500 has posted gains 31 out of 50 times in the four-day weeks following Memorial Days since 1971. Its average percentage change is 0.5%. The Dow has gained 27 out of 50 times over the same period. It averaged a percentage change of 0.4%.</p>\n<p><img src=\"https://static.tigerbbs.com/c62a3828e77bc897198199c8ff4d3c69\" tg-width=\"976\" tg-height=\"644\"></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the Stock Market Open Today? Here Are the Hours on Memorial Day 2021.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the Stock Market Open Today? Here Are the Hours on Memorial Day 2021.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 14:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-memorial-day-2021-51622246416?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.\nSince it became a national holiday in 1971, Memorial Day has been the last Monday of May, honoring those who ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-memorial-day-2021-51622246416?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-memorial-day-2021-51622246416?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164081350","content_text":"Memorial Day 2021 is here, bringing with it a long weekend for U.S. traders and others.\nSince it became a national holiday in 1971, Memorial Day has been the last Monday of May, honoring those who died while serving in the U.S. military. In this case, Memorial Day falls on the last day of the month.\nU.S. equities had a mostly dull week, with the S&P 500 index rising 1.2% and the Dow Jones Industrial Average rising 0.9%. The S&P 500 and Dow ended the month 2% and 0.6% higher, respectively.\nThe majority of the action this week was in more speculative areas of the market: Cryptocurrencies were on a roller-coaster ride and shares of Reddit favorites AMC Entertainment (ticker: AMC) and GameStop (GME) surged. Shares of AMC closed out the week 116% higher.\nIs the Stock Market Open on Memorial Day 2021?\nInvestors must wait until Tuesday to see if those trends continue. The New York Stock Exchange and Nasdaq are both closed on Monday, May 31. The same is true for U.S. over-the-counter markets. They’ll be back open on Tuesday at 9:30 a.m. EDT. U.S. bond markets will also be closed.\nWhat About International Markets?\nSince Memorial Day is an American holiday, international markets are mostly open. An exception is the London Stock Exchange, which will be closed for a bank holiday. The Toronto Stock Exchange, Shanghai Stock Exchange, Hong Kong stock exchange, and Tokyo Stock Exchange will be open.\nHow Will Covid-19 Impact the Holiday?\nMemorial Day events were largely restricted or canceled last year due to the Covid-19 pandemic. This year, the Centers for Disease Control and Prevention has said vaccinated Americans can travel and enjoy the holiday with other vaccinated friends.\n“If you are vaccinated, you are protected, and you can enjoy your Memorial Day,” said CDC Director Dr. Rochelle P. Walensky,according to the New York Times. “If you are not vaccinated, our guidance has not changed for you, you remain at risk of infection. You still need to mask and take other precautions.”\nWhile the U.S. is reopening, some things will be closed on Memorial Day because it’s a federal holiday. Mail, for example, will not be delivered.\nMemorial Day is a popular weekend for sales at home-improvement retailers such as Lowe’s (LOW) and Home Depo t(HD), which both benefited during the pandemic from consumers spending more on their homes.\nHow Have Stocks Performed Historically During the Week After Memorial Day?\nThe S&P 500 has posted gains 31 out of 50 times in the four-day weeks following Memorial Days since 1971. Its average percentage change is 0.5%. The Dow has gained 27 out of 50 times over the same period. It averaged a percentage change of 0.4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346884430,"gmtCreate":1618021340520,"gmtModify":1704706052138,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/346884430","repostId":"1121480052","repostType":4,"repost":{"id":"1121480052","pubTimestamp":1617979030,"share":"https://ttm.financial/m/news/1121480052?lang=&edition=fundamental","pubTime":"2021-04-09 22:37","market":"us","language":"en","title":"Tesla China Deliveries Set EV Maker for Strong '21, Wedbush Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1121480052","media":"TheStreet","summary":"Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.Tesla's March deliveries in China create a strong trajectory for the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softeni","content":"<p>Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.</p><p>Tesla's&nbsp;March deliveries in China create a strong trajectory for&nbsp;the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.</p><p>The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.</p><p>\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have seen a storybook comeback from Tesla and domestic EV players NIO,&nbsp;Li Auto,&nbsp;Xpeng&nbsp;and others in this key region,\" Ives said in a Friday note.</p><p>Wedbush maintained its outperform rating and $1,000 price target.</p><p>Shares of the Palo Alto, Calif., company at last check were off 0.9% at $678.</p><p>Wedbush sees a run rate of 300,000 units delivered in China for the year, which would be the linchpin for the company hitting its 850,000-vehicle delivery goal worldwide.</p><p>\"As this green tidal wave hits its next phase globally, ... the Tesla EV demand story is just starting to play out,\" Ives said.</p><p>Additionally, lifting the 200,000 electric vehicle tax-credit ceiling, which was restored to Tesla and General Motors, and a likely $10,000 electric-vehicle tax rebate will be major catalysts for industry growth in the U.S., thanks to the focus on green energy from President Joe Biden's administration.</p><p>Last week, Tesla reported&nbsp;stronger-than-expected&nbsp;vehicle deliveries for the first quarter, paced by its midpriced Model 3 sedan and Chinese demand for its new Model Y SUV.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla China Deliveries Set EV Maker for Strong '21, Wedbush Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla China Deliveries Set EV Maker for Strong '21, Wedbush Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/tesla-march-china-deliveries-strong-outlook-wedbush-says><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.Tesla's March deliveries in China create a strong trajectory for the electric-vehicle ...</p>\n\n<a href=\"https://www.thestreet.com/investing/tesla-march-china-deliveries-strong-outlook-wedbush-says\">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.thestreet.com/investing/tesla-march-china-deliveries-strong-outlook-wedbush-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121480052","content_text":"Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives.Tesla's March deliveries in China create a strong trajectory for the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says.The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure.\"The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have seen a storybook comeback from Tesla and domestic EV players NIO, Li Auto, Xpeng and others in this key region,\" Ives said in a Friday note.Wedbush maintained its outperform rating and $1,000 price target.Shares of the Palo Alto, Calif., company at last check were off 0.9% at $678.Wedbush sees a run rate of 300,000 units delivered in China for the year, which would be the linchpin for the company hitting its 850,000-vehicle delivery goal worldwide.\"As this green tidal wave hits its next phase globally, ... the Tesla EV demand story is just starting to play out,\" Ives said.Additionally, lifting the 200,000 electric vehicle tax-credit ceiling, which was restored to Tesla and General Motors, and a likely $10,000 electric-vehicle tax rebate will be major catalysts for industry growth in the U.S., thanks to the focus on green energy from President Joe Biden's administration.Last week, Tesla reported stronger-than-expected vehicle deliveries for the first quarter, paced by its midpriced Model 3 sedan and Chinese demand for its new Model Y SUV.","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346967341,"gmtCreate":1617981203483,"gmtModify":1704705661402,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/346967341","repostId":"2126703887","repostType":4,"repost":{"id":"2126703887","pubTimestamp":1617976800,"share":"https://ttm.financial/m/news/2126703887?lang=&edition=fundamental","pubTime":"2021-04-09 22:00","market":"us","language":"en","title":"3 Stocks to Invest in a Housing Boom","url":"https://stock-news.laohu8.com/highlight/detail?id=2126703887","media":"Lee Samaha","summary":"There are signs that the U.S. housing market could be about to enter a multi-year growth period.","content":"<p>With the U.S seemingly shrugging off the \"anything but housing\" mindset that inevitably kicked in after the great financial crisis over a decade ago and housing starts now back in growth mode, it's time to look at some companies that can benefit from a housing boom. I think plumbing and architectural products company <b>Masco</b> (NYSE:MAS), DIY toolmaker <b>Stanley Black &amp; Decker</b> (NYSE:SWK), and windows and door manufacturer <b>JELD-WEN</b> (NYSE:JELD) fit the bill. Here's why.</p><h2>Masco</h2><p>Masco generates 81% of its sales in North America, so it's safe to say it's a play on the U.S. housing market. Masco operates out of two business segments, with plumbing products generating 67% of sales from North America and decorative architectural products only selling to North America. Both segments are heavily exposed to the repair and remodel market (83% of sales for the plumbing products segment and 96% for decorative architectural products).</p><p>That said, the reality is that a booming housing market is synonymous with rising house prices and good housing sales. These metrics are key drivers of the repair and remodel market. Consumers feel the wealth effect from rising house prices, and homes get remodeled in anticipation of a sale or after a purchase. On the latest earnings call, CEO Keith Allman said: \"Home price appreciation was up nearly 30% in December and existing home sales were up over 22% compared to the prior year. Each of these metrics has a strong correlation with our sales on a lag basis.\"</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F620596%2Fgettyimages-91156679.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Masco sells a range of plumbing products. Image source: Getty Images</p><p>Allman forecasts that Masco's revenue will grow 2% to 6% organically in 2021 with a 3% contribution from acquisitions and 2% from favorable foreign exchange movement leading to total revenue growth of 7% to 11%. Earnings per share is forecast to be in the range of $3.25 to $3.45, representing a growth of 4.2% to 10.6%. That would be an excellent result in a year when Masco will lap the surge in home improvement spending that occurred in the second half of 2020 due to the pandemic.</p><p>Trading on less than 20 times current free cash flow  and with management expecting long-term organic revenue growth of 3% to 5% (plus 1% to 3% from acquisitions) and 10% growth in EPS, Masco looks to be a very good value if you think the U.S. is about to embark on a multi-year expansion the housing market.</p><p><img src=\"https://media.ycharts.com/charts/d193413db790ad80c721add3eea5643a.png\" tg-width=\"720\" tg-height=\"452\" referrerpolicy=\"no-referrer\"></p><p>Data by YCharts</p><h2>JELD-WEN</h2><p>Unlike most of the housing materials stocks, JELD-WEN sells more to the new residential construction market (47% of sales) than it does to the repair and remodel market (42% of sales). The remaining 11% of sales go to the non-residential construction market.</p><p>Slightly more than two-thirds of sales come from doors, with windows contributing 20% and ancillary products the remaining 13%. JELD is the leading player in North America's residential doors and the fifth-largest in residential windows. It's also No. 1 in both residential and non-residential doors in Europe. Overall, North America contributes almost 60% of its earnings. As such, U.S. new residential construction is probably the most crucial swing factor in its profits.</p><p>Management expects 4% to 7% revenue growth in 2021 with earnings before interest, taxation, depreciation, and amortization (EBITDA) rising 7.5% to 16.5% to between $480 million and $520 million.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F620596%2Fgettyimages-155418167.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>Management believes a combination of consolidating its sites and modernizing production will lead to significant cost savings and an EBITDA margin of more than 15% over the long term compared to 10.5% in 2020. As such, JELD is as much a turnaround play as it is a company to invest in to get exposure from increasing U.S. housing starts.</p><h2>Stanley Black &amp; Decker</h2><p>Finally, Stanley Black &amp; Decker has potential upside from an extended period of strength in the U.S. housing market. The first port of call for housing-focused investors is Stanley's tools and storage business (71% of revenue). Around 63% of the segment's income comes from the U.S., and approximately 61% of total company revenue comes from the U.S.</p><p>A more robust U.S. housing market would boost the tools segment's power and hand tools sales, construction and DIY sales, and the Craftsman DIY brand.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F620596%2Fdiy-tools.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>However, Stanley also has upside potential from its investment in lawn and garden products company MTD. Management plans to exercise the option to buy the remaining 80% of the company Stanley doesn't currently own. Stanley CEO Jim Loree said the company is \"working on a multi-year roadmap to achieve 15% operating margin in the category.\"</p><p>For reference, MTD had an operating margin of 6% in 2020 on sales of $2.6 billion compared to Stanley's sales of $14.5 billion. A growing housing market probably means a stronger lawn and garden products market, and that would suit Stanley's growth aspirations just fine.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Invest in a Housing Boom</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Invest in a Housing Boom\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/09/3-stocks-to-invest-in-a-housing-boom/><strong>Lee Samaha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the U.S seemingly shrugging off the \"anything but housing\" mindset that inevitably kicked in after the great financial crisis over a decade ago and housing starts now back in growth mode, it's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/09/3-stocks-to-invest-in-a-housing-boom/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JELD":"JELD-WEN Holding Inc.","SWK":"美国史丹利公司","MAS":"马斯科"},"source_url":"https://www.fool.com/investing/2021/04/09/3-stocks-to-invest-in-a-housing-boom/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126703887","content_text":"With the U.S seemingly shrugging off the \"anything but housing\" mindset that inevitably kicked in after the great financial crisis over a decade ago and housing starts now back in growth mode, it's time to look at some companies that can benefit from a housing boom. I think plumbing and architectural products company Masco (NYSE:MAS), DIY toolmaker Stanley Black & Decker (NYSE:SWK), and windows and door manufacturer JELD-WEN (NYSE:JELD) fit the bill. Here's why.MascoMasco generates 81% of its sales in North America, so it's safe to say it's a play on the U.S. housing market. Masco operates out of two business segments, with plumbing products generating 67% of sales from North America and decorative architectural products only selling to North America. Both segments are heavily exposed to the repair and remodel market (83% of sales for the plumbing products segment and 96% for decorative architectural products).That said, the reality is that a booming housing market is synonymous with rising house prices and good housing sales. These metrics are key drivers of the repair and remodel market. Consumers feel the wealth effect from rising house prices, and homes get remodeled in anticipation of a sale or after a purchase. On the latest earnings call, CEO Keith Allman said: \"Home price appreciation was up nearly 30% in December and existing home sales were up over 22% compared to the prior year. Each of these metrics has a strong correlation with our sales on a lag basis.\"Masco sells a range of plumbing products. Image source: Getty ImagesAllman forecasts that Masco's revenue will grow 2% to 6% organically in 2021 with a 3% contribution from acquisitions and 2% from favorable foreign exchange movement leading to total revenue growth of 7% to 11%. Earnings per share is forecast to be in the range of $3.25 to $3.45, representing a growth of 4.2% to 10.6%. That would be an excellent result in a year when Masco will lap the surge in home improvement spending that occurred in the second half of 2020 due to the pandemic.Trading on less than 20 times current free cash flow  and with management expecting long-term organic revenue growth of 3% to 5% (plus 1% to 3% from acquisitions) and 10% growth in EPS, Masco looks to be a very good value if you think the U.S. is about to embark on a multi-year expansion the housing market.Data by YChartsJELD-WENUnlike most of the housing materials stocks, JELD-WEN sells more to the new residential construction market (47% of sales) than it does to the repair and remodel market (42% of sales). The remaining 11% of sales go to the non-residential construction market.Slightly more than two-thirds of sales come from doors, with windows contributing 20% and ancillary products the remaining 13%. JELD is the leading player in North America's residential doors and the fifth-largest in residential windows. It's also No. 1 in both residential and non-residential doors in Europe. Overall, North America contributes almost 60% of its earnings. As such, U.S. new residential construction is probably the most crucial swing factor in its profits.Management expects 4% to 7% revenue growth in 2021 with earnings before interest, taxation, depreciation, and amortization (EBITDA) rising 7.5% to 16.5% to between $480 million and $520 million.Image source: Getty Images.Management believes a combination of consolidating its sites and modernizing production will lead to significant cost savings and an EBITDA margin of more than 15% over the long term compared to 10.5% in 2020. As such, JELD is as much a turnaround play as it is a company to invest in to get exposure from increasing U.S. housing starts.Stanley Black & DeckerFinally, Stanley Black & Decker has potential upside from an extended period of strength in the U.S. housing market. The first port of call for housing-focused investors is Stanley's tools and storage business (71% of revenue). Around 63% of the segment's income comes from the U.S., and approximately 61% of total company revenue comes from the U.S.A more robust U.S. housing market would boost the tools segment's power and hand tools sales, construction and DIY sales, and the Craftsman DIY brand.Image source: Getty Images.However, Stanley also has upside potential from its investment in lawn and garden products company MTD. Management plans to exercise the option to buy the remaining 80% of the company Stanley doesn't currently own. Stanley CEO Jim Loree said the company is \"working on a multi-year roadmap to achieve 15% operating margin in the category.\"For reference, MTD had an operating margin of 6% in 2020 on sales of $2.6 billion compared to Stanley's sales of $14.5 billion. A growing housing market probably means a stronger lawn and garden products market, and that would suit Stanley's growth aspirations just fine.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349969914,"gmtCreate":1617521204038,"gmtModify":1704700213079,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349969914","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Likely Is a Stock Market Crash?</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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110616065,"gmtCreate":1622448591057,"gmtModify":1704184568198,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/110616065","repostId":"2139487733","repostType":4,"repost":{"id":"2139487733","pubTimestamp":1622432435,"share":"https://ttm.financial/m/news/2139487733?lang=&edition=fundamental","pubTime":"2021-05-31 11:40","market":"us","language":"en","title":"Prediction: These Will Be the 10 Largest Stocks by 2035","url":"https://stock-news.laohu8.com/highlight/detail?id=2139487733","media":"Motley Fool","summary":"Change is inevitable. The biggest stocks in the world by market cap will undoubtedly look a bit different in 14 years.","content":"<p>If there's one constant on Wall Street, it's that nothing remains constant for long. The combination of technological innovation, competitive advantages, acquisitions, and other tangible and intangible factors has a tendency to shake-up the world's largest companies on a regular basis.</p><p>For example, in 2004, <b>General Electric</b>, <b>ExxonMobil</b>, <b>Pfizer</b>, <b>Citigroup</b>, <b>Walmart</b>, <b>BP</b>, <b>AIG</b>, <b>Intel</b>, and <b>Bank of America</b> were nine of the 10 largest publicly traded companies by market cap. None are still in the top 10 just 17 years later. In fact, AIG isn't even in the top 250 anymore.</p><p>What might the top 10 look like in 2035? Frankly, we don't know. But given a number of proliferating high-growth trends, it won't stop me from making a prediction. In 14 years, these are likely to be the world's 10 largest publicly traded companies, presented in no particular order.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fhourglass-coins-cash-bills-money-invest-rich-retirement-compound-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\">Image source: Getty Images.</p><h2>Amazon</h2><p>Unless e-commerce giant <b>Amazon.com</b> (NASDAQ:AMZN) decides to spin off its leading cloud infrastructure segment, Amazon Web Services (AWS), I consider it to have the best chance of being the largest company by market cap in 2035. Amazon currently controls more than 40% of all online sales in the U.S., and it's signed up 200 million people to Prime worldwide. The fees it collects from Prime memberships help to ensure it can undercut brick-and-mortar retailers on price.</p><p>As for AWS, it grew sales by 30% in 2020 (i.e., during the worst economic downturn in decades). AWS has a current run-rate of $54 billion in annual sales, meaning it alone could fetch a valuation north of $600 billion and still be valued cheaply within the cloud space. Because AWS generates considerably higher margins than retail, it's Amazon's key to a cash flow explosion in the years to come.<img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fcloud-computing-data-server-storage-email-blockchain-saas-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Microsoft</h2><p>Despite a myriad of change since 1999, tech stock <b>Microsoft</b> (NASDAQ:MSFT) is the only company to remain in the top 10 by market cap in 1999, 2004, 2009, 2014, 2019, and currently. Thus, it's a safe bet to suggest it'll hang onto a top-10 spot over the coming 14 years.</p><p>Although Microsoft is still generating plenty of cash flow from its legacy software and Windows operating system, the cloud is its future. Cloud infrastructure service Azure, along with enterprise and consumer cloud products across all of its core brands (Office, Dynamics, and Windows), can fuel sustainable double-digit or high single-digit growth for a long time to come.</p><p>Plus, Microsoft is loaded with cash, meaning it can use acquisitions as a means to boost its growth prospects and remain competitive.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Faapl-iphone-xr.PNG&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"463\" referrerpolicy=\"no-referrer\"></p><p>Image source: Apple.</p><h2>Apple</h2><p>Speaking of cash cows, I believe <b>Apple</b> (NASDAQ:AAPL) remains safely in the top 10, even if its growth rate were to taper a bit. Keep in mind that Apple generated nearly $100 billion in operating cash flow over the trailing 12 months, which means the company has an abundant cash pile to buy back its stock, pay dividends, reinvest in innovation, and make the occasional acquisition to bolster its product portfolio.</p><p>In the years to come, Tim Cook will continue to oversee Apple's transition to a services company. Subscription services boast higher margins than most products Apple sells, and will help reduce the revenue lumpiness associated with tech replacement cycles.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fstudents-surfing-the-internet-studying-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2><a href=\"https://laohu8.com/S/FB\">Facebook</a></h2><p>The social media space has proved especially fickle over the past 15 years, so there's certainly the risk <b>Facebook</b> (NASDAQ:FB) won't be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the 10 largest companies by 2035. It could also be broken up by regulators, which would potentially remove it from consideration.</p><p>However, I chose to keep Facebook in the top 10 for two simple reasons. First, it had 44% of the world's population visit one of its owned assets in the first quarter. This makes it unlikely that any social media company will unseat it in the eyes of advertisers anytime soon.</p><p>Second, Facebook has only monetized two of its four prized assets (its namesake site and Instagram). When it decides to meaningfully monetize WhatsApp and Facebook Messenger, it'll enjoy a massive multiyear growth spurt.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Flaptop-internet-search-smartphone-work-from-home-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Alphabet</h2><p>As with Facebook, ad-driven operating models come with risks. Thankfully, <b>Alphabet</b> (NASDAQ:GOOGL)(NASDAQ:GOOG) has ancillary operations and history on its side.</p><p>In terms of ancillary businesses, streaming content provider YouTube has grown into a top-three social media destination, and cloud infrastructure service Google Cloud now has an annual run-rate of more than $16 billion. Eventually, Cloud is going to do for Alphabet what AWS has done (and will continue to do) for Amazon.</p><p>Meanwhile, Alphabet's core business -- its Google internet search engine -- should benefit from long periods of economic expansion and the company's insane global share of internet search, which has ranged from 91% to 93% for two years.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fairbnb1.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Airbnb.</p><h2>Airbnb</h2><p>Perhaps the first big surprise is that I expect stay-and-hosting company <b>Airbnb</b> (NASDAQ:ABNB) to work its way into the top 10. That's because Airbnb is disrupting both the hotel stay side of the industry as well as the travel side of the equation.</p><p>At the moment, Airbnb has 4 million hosts worldwide. This is just a fraction of what the platform is capable of handling given the more than 130 million residences in the U.S. and around 1 billion residences worldwide.</p><p>Airbnb has also been pushing its Experiences platform -- i.e., adventures led by local experts. Nothing can stop Airbnb from entrenching itself further in vacation experiences. We're witnessing the early innings of true leisure industry disruption.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fsquare-card-terminal.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p>Image source: Square.</p><h2>Square</h2><p>Fintech stock <b>Square</b> (NYSE:SQ) also has a very real opportunity to surpass <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b>&nbsp;over the next 14 years and work its way into the top 10.</p><p>Although Square should see steady growth from its seller ecosystem, the company's primary driver will be peer-to-peer digital payments platform Cash App. In three years, Cash App's monthly active user count has more than quintupled to 36 million. It's been a more popular download than PayPal's Venmo, and Square has been generating $41 in gross profit per user, compared to less than $5 in acquisition costs per user.</p><p>Square also completed the charter process to operate its own bank in March. This gives the company a full gamut of financial services it can offer in the high-margin digital banking space.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fcredit-card-credit-score-debt-consumption-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"531\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2><a href=\"https://laohu8.com/S/V\">Visa</a></h2><p>As of May 25, payment processing giant <b>Visa</b> (NYSE:V) was clinging the No. 10 spot with a $487 billion market cap, $3 billion ahead of <b>JPMorgan Chase</b>. I believe in 14 years it'll still be clinging to a top-10 spot and likely pushing above a $1 trillion valuation.</p><p>Visa is a cyclical business, which is a simple way of saying that it does really well when the U.S. and global economy are expanding and it struggles a bit when recession arise. However, this is a numbers game Visa is well-prepared to play. Periods of expansion last significantly longer than contractions. What's more, Visa isn't a lender, which means it's not required to set aside cash for delinquent loans when recession strike. Thus why it bounces back so quickly from economic contractions.</p><p>With a majority of the world's transactions still conducted in cash, Visa's growth runway extends decades into the future.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2F17191589198_aac39e29d5_k.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>A jubilant Warren Buffett, Berkshire Hathaway CEO. Image source: The Motley Fool.</p><h2>Berkshire Hathaway</h2><p>In 14 years, it's unlikely that Warren Buffett and Charlie Munger are going to be running <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) or dictating its investments. Thankfully, Buffett has laid out a winning game plan for his successors that should result in continued growth.</p><p>Similar to the Visa growth thesis (Visa is one of Berkshire's four-dozen holdings), most of Buffett's investment portfolio is tied up in cyclical businesses. The Oracle of Omaha has always thrived on playing the numbers game and betting on multiyear periods of economic expansion. He also loves a good dividend stock, which is why <b>Coca-Cola</b>&nbsp;and <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>&nbsp;have been so valuable.</p><p>The wildcard here will be investment lieutenants Todd Combs and Ted Weschler. If they maintain Buffett's long-term approach and avoid trying to time the market, Berkshire Hathaway should be one of the 10 largest stocks come 2035.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F628448%2Fretail-shopping-store-online-sale-smartphone-website-ecommerce-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Sea Limited</h2><p>A final surprise that could find its way into the top 10 is Singapore-based <b>Sea Limited</b> (NYSE:SE). A veritable no-name a couple of years ago, Sea has three extremely fast-growing businesses that could all help it reach a trillion-dollar valuation by 2035.</p><p>While mobile gaming is its primary generator of positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the time being, it's e-commerce platform Shopee that'll be Sea's core sales and profit driver over the long run. \"But what about Amazon?\" you ask? Don't fret. Sea is primarily focused on emerging markets where the middle class is still taking shape. Sea and Amazon can thrive in their own separate niches.</p><p>Sea also has a nascent mobile wallet segment that could provide financial solutions to largely underbanked regions of Southeastern Asia. It has all the tools needed to be one of the world's largest companies.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prediction: These Will Be the 10 Largest Stocks by 2035</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\">\nPrediction: These Will Be the 10 Largest Stocks by 2035\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 11:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/30/prediction-these-will-be-10-largest-stocks-by-2035/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If there's one constant on Wall Street, it's that nothing remains constant for long. The combination of technological innovation, competitive advantages, acquisitions, and other tangible and ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/30/prediction-these-will-be-10-largest-stocks-by-2035/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","SQ":"Block","V":"Visa","09086":"华夏纳指-U","BRK.B":"伯克希尔B","GOOGL":"谷歌A","GOOG":"谷歌","AAPL":"苹果","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数","AMZN":"亚马逊","MSFT":"微软"},"source_url":"https://www.fool.com/investing/2021/05/30/prediction-these-will-be-10-largest-stocks-by-2035/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2139487733","content_text":"If there's one constant on Wall Street, it's that nothing remains constant for long. The combination of technological innovation, competitive advantages, acquisitions, and other tangible and intangible factors has a tendency to shake-up the world's largest companies on a regular basis.For example, in 2004, General Electric, ExxonMobil, Pfizer, Citigroup, Walmart, BP, AIG, Intel, and Bank of America were nine of the 10 largest publicly traded companies by market cap. None are still in the top 10 just 17 years later. In fact, AIG isn't even in the top 250 anymore.What might the top 10 look like in 2035? Frankly, we don't know. But given a number of proliferating high-growth trends, it won't stop me from making a prediction. In 14 years, these are likely to be the world's 10 largest publicly traded companies, presented in no particular order.Image source: Getty Images.AmazonUnless e-commerce giant Amazon.com (NASDAQ:AMZN) decides to spin off its leading cloud infrastructure segment, Amazon Web Services (AWS), I consider it to have the best chance of being the largest company by market cap in 2035. Amazon currently controls more than 40% of all online sales in the U.S., and it's signed up 200 million people to Prime worldwide. The fees it collects from Prime memberships help to ensure it can undercut brick-and-mortar retailers on price.As for AWS, it grew sales by 30% in 2020 (i.e., during the worst economic downturn in decades). AWS has a current run-rate of $54 billion in annual sales, meaning it alone could fetch a valuation north of $600 billion and still be valued cheaply within the cloud space. Because AWS generates considerably higher margins than retail, it's Amazon's key to a cash flow explosion in the years to come.Image source: Getty Images.MicrosoftDespite a myriad of change since 1999, tech stock Microsoft (NASDAQ:MSFT) is the only company to remain in the top 10 by market cap in 1999, 2004, 2009, 2014, 2019, and currently. Thus, it's a safe bet to suggest it'll hang onto a top-10 spot over the coming 14 years.Although Microsoft is still generating plenty of cash flow from its legacy software and Windows operating system, the cloud is its future. Cloud infrastructure service Azure, along with enterprise and consumer cloud products across all of its core brands (Office, Dynamics, and Windows), can fuel sustainable double-digit or high single-digit growth for a long time to come.Plus, Microsoft is loaded with cash, meaning it can use acquisitions as a means to boost its growth prospects and remain competitive.Image source: Apple.AppleSpeaking of cash cows, I believe Apple (NASDAQ:AAPL) remains safely in the top 10, even if its growth rate were to taper a bit. Keep in mind that Apple generated nearly $100 billion in operating cash flow over the trailing 12 months, which means the company has an abundant cash pile to buy back its stock, pay dividends, reinvest in innovation, and make the occasional acquisition to bolster its product portfolio.In the years to come, Tim Cook will continue to oversee Apple's transition to a services company. Subscription services boast higher margins than most products Apple sells, and will help reduce the revenue lumpiness associated with tech replacement cycles.Image source: Getty Images.FacebookThe social media space has proved especially fickle over the past 15 years, so there's certainly the risk Facebook (NASDAQ:FB) won't be one of the 10 largest companies by 2035. It could also be broken up by regulators, which would potentially remove it from consideration.However, I chose to keep Facebook in the top 10 for two simple reasons. First, it had 44% of the world's population visit one of its owned assets in the first quarter. This makes it unlikely that any social media company will unseat it in the eyes of advertisers anytime soon.Second, Facebook has only monetized two of its four prized assets (its namesake site and Instagram). When it decides to meaningfully monetize WhatsApp and Facebook Messenger, it'll enjoy a massive multiyear growth spurt.Image source: Getty Images.AlphabetAs with Facebook, ad-driven operating models come with risks. Thankfully, Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) has ancillary operations and history on its side.In terms of ancillary businesses, streaming content provider YouTube has grown into a top-three social media destination, and cloud infrastructure service Google Cloud now has an annual run-rate of more than $16 billion. Eventually, Cloud is going to do for Alphabet what AWS has done (and will continue to do) for Amazon.Meanwhile, Alphabet's core business -- its Google internet search engine -- should benefit from long periods of economic expansion and the company's insane global share of internet search, which has ranged from 91% to 93% for two years.Image source: Airbnb.AirbnbPerhaps the first big surprise is that I expect stay-and-hosting company Airbnb (NASDAQ:ABNB) to work its way into the top 10. That's because Airbnb is disrupting both the hotel stay side of the industry as well as the travel side of the equation.At the moment, Airbnb has 4 million hosts worldwide. This is just a fraction of what the platform is capable of handling given the more than 130 million residences in the U.S. and around 1 billion residences worldwide.Airbnb has also been pushing its Experiences platform -- i.e., adventures led by local experts. Nothing can stop Airbnb from entrenching itself further in vacation experiences. We're witnessing the early innings of true leisure industry disruption.Image source: Square.SquareFintech stock Square (NYSE:SQ) also has a very real opportunity to surpass PayPal over the next 14 years and work its way into the top 10.Although Square should see steady growth from its seller ecosystem, the company's primary driver will be peer-to-peer digital payments platform Cash App. In three years, Cash App's monthly active user count has more than quintupled to 36 million. It's been a more popular download than PayPal's Venmo, and Square has been generating $41 in gross profit per user, compared to less than $5 in acquisition costs per user.Square also completed the charter process to operate its own bank in March. This gives the company a full gamut of financial services it can offer in the high-margin digital banking space.Image source: Getty Images.VisaAs of May 25, payment processing giant Visa (NYSE:V) was clinging the No. 10 spot with a $487 billion market cap, $3 billion ahead of JPMorgan Chase. I believe in 14 years it'll still be clinging to a top-10 spot and likely pushing above a $1 trillion valuation.Visa is a cyclical business, which is a simple way of saying that it does really well when the U.S. and global economy are expanding and it struggles a bit when recession arise. However, this is a numbers game Visa is well-prepared to play. Periods of expansion last significantly longer than contractions. What's more, Visa isn't a lender, which means it's not required to set aside cash for delinquent loans when recession strike. Thus why it bounces back so quickly from economic contractions.With a majority of the world's transactions still conducted in cash, Visa's growth runway extends decades into the future.A jubilant Warren Buffett, Berkshire Hathaway CEO. Image source: The Motley Fool.Berkshire HathawayIn 14 years, it's unlikely that Warren Buffett and Charlie Munger are going to be running Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) or dictating its investments. Thankfully, Buffett has laid out a winning game plan for his successors that should result in continued growth.Similar to the Visa growth thesis (Visa is one of Berkshire's four-dozen holdings), most of Buffett's investment portfolio is tied up in cyclical businesses. The Oracle of Omaha has always thrived on playing the numbers game and betting on multiyear periods of economic expansion. He also loves a good dividend stock, which is why Coca-Cola and American Express have been so valuable.The wildcard here will be investment lieutenants Todd Combs and Ted Weschler. If they maintain Buffett's long-term approach and avoid trying to time the market, Berkshire Hathaway should be one of the 10 largest stocks come 2035.Image source: Getty Images.Sea LimitedA final surprise that could find its way into the top 10 is Singapore-based Sea Limited (NYSE:SE). A veritable no-name a couple of years ago, Sea has three extremely fast-growing businesses that could all help it reach a trillion-dollar valuation by 2035.While mobile gaming is its primary generator of positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the time being, it's e-commerce platform Shopee that'll be Sea's core sales and profit driver over the long run. \"But what about Amazon?\" you ask? Don't fret. Sea is primarily focused on emerging markets where the middle class is still taking shape. Sea and Amazon can thrive in their own separate niches.Sea also has a nascent mobile wallet segment that could provide financial solutions to largely underbanked regions of Southeastern Asia. It has all the tools needed to be one of the world's largest companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1046,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137624219,"gmtCreate":1622344698431,"gmtModify":1704183258279,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137624219","repostId":"2138306488","repostType":4,"repost":{"id":"2138306488","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":1622212920,"share":"https://ttm.financial/m/news/2138306488?lang=&edition=fundamental","pubTime":"2021-05-28 22:42","market":"us","language":"en","title":"Consumers are feeling the pinch from higher inflation, U.S. sentiment survey shows, and they don't like it","url":"https://stock-news.laohu8.com/highlight/detail?id=2138306488","media":"Dow Jones","summary":"The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay hig","content":"<p>The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay higher prices for a variety of goods and services ranging from steaks to used cars to plane tickets, according to a closely followed consumer survey.</p><p>The second and final reading of the consumer sentiment index edged up a tick to 82.9 from an initial 82.8, the University of Michigan said Friday. But it was still down sharply from a 13-month high of 88.3 in April.</p><p>All three major surveys of consumer confidence fell in May  owing to worries about higher prices.</p><p>Big picture: For the first time in arguably decades inflation is on the minds of everyone from Main Street to Wall Street to Washington.  Prices are soaring after years of hardly any inflation.</p><p>The Federal Reserve, the nation's inflation watchdog, insists prices will come back down once the economy has mostly recovered from the coronavirus pandemic and  pentup demand is satisfied.</p><p>The process could take a year or more to play out, though, and keep the debate over inflation raging.</p><p>Key details: The surprise decline in consumer sentiment in May was triggered by sudden worries about inflation. Consumer prices have surged this year  and jumped more than 4% in the past 12 months -- a 13-year high.</p><p>Americans are paying more for virtually everything: groceries, gas, appliances, sporting goods, used vehicles, auto insurance, vacation rentals and so on. That's eating away at their paychecks and some of their hefty savings.</p><p>The result: The attitude of Americans right now about their personal finances and broader economy is somewhat subdued despite a huge decline in coronavirus cases. The so-called index of current conditions declined to 89.4 in May from 97.2 in April.</p><p>Consumers were also uncertain about what the next six months would bring. The expectation index slipped to 78.8 this month from 82.7 in April.</p><p>What they are saying? \"Record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables,' said Richard Curtin, chief economist of the survey.</p><p>Market reaction: The Dow Jones Industrial Average  and S&amp;P  rose in Friday trades. Stocks held onto gains after the sentiment results.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Consumers are feeling the pinch from higher inflation, U.S. sentiment survey shows, and they don't like it</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\">\nConsumers are feeling the pinch from higher inflation, U.S. sentiment survey shows, and they don't like it\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\">2021-05-28 22:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay higher prices for a variety of goods and services ranging from steaks to used cars to plane tickets, according to a closely followed consumer survey.</p><p>The second and final reading of the consumer sentiment index edged up a tick to 82.9 from an initial 82.8, the University of Michigan said Friday. But it was still down sharply from a 13-month high of 88.3 in April.</p><p>All three major surveys of consumer confidence fell in May  owing to worries about higher prices.</p><p>Big picture: For the first time in arguably decades inflation is on the minds of everyone from Main Street to Wall Street to Washington.  Prices are soaring after years of hardly any inflation.</p><p>The Federal Reserve, the nation's inflation watchdog, insists prices will come back down once the economy has mostly recovered from the coronavirus pandemic and  pentup demand is satisfied.</p><p>The process could take a year or more to play out, though, and keep the debate over inflation raging.</p><p>Key details: The surprise decline in consumer sentiment in May was triggered by sudden worries about inflation. Consumer prices have surged this year  and jumped more than 4% in the past 12 months -- a 13-year high.</p><p>Americans are paying more for virtually everything: groceries, gas, appliances, sporting goods, used vehicles, auto insurance, vacation rentals and so on. That's eating away at their paychecks and some of their hefty savings.</p><p>The result: The attitude of Americans right now about their personal finances and broader economy is somewhat subdued despite a huge decline in coronavirus cases. The so-called index of current conditions declined to 89.4 in May from 97.2 in April.</p><p>Consumers were also uncertain about what the next six months would bring. The expectation index slipped to 78.8 this month from 82.7 in April.</p><p>What they are saying? \"Record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables,' said Richard Curtin, chief economist of the survey.</p><p>Market reaction: The Dow Jones Industrial Average  and S&amp;P  rose in Friday trades. Stocks held onto gains after the sentiment results.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138306488","content_text":"The numbers: Rising inflation has cast a shadow over the U.S. economic recovery as Americans pay higher prices for a variety of goods and services ranging from steaks to used cars to plane tickets, according to a closely followed consumer survey.The second and final reading of the consumer sentiment index edged up a tick to 82.9 from an initial 82.8, the University of Michigan said Friday. But it was still down sharply from a 13-month high of 88.3 in April.All three major surveys of consumer confidence fell in May  owing to worries about higher prices.Big picture: For the first time in arguably decades inflation is on the minds of everyone from Main Street to Wall Street to Washington.  Prices are soaring after years of hardly any inflation.The Federal Reserve, the nation's inflation watchdog, insists prices will come back down once the economy has mostly recovered from the coronavirus pandemic and  pentup demand is satisfied.The process could take a year or more to play out, though, and keep the debate over inflation raging.Key details: The surprise decline in consumer sentiment in May was triggered by sudden worries about inflation. Consumer prices have surged this year  and jumped more than 4% in the past 12 months -- a 13-year high.Americans are paying more for virtually everything: groceries, gas, appliances, sporting goods, used vehicles, auto insurance, vacation rentals and so on. That's eating away at their paychecks and some of their hefty savings.The result: The attitude of Americans right now about their personal finances and broader economy is somewhat subdued despite a huge decline in coronavirus cases. The so-called index of current conditions declined to 89.4 in May from 97.2 in April.Consumers were also uncertain about what the next six months would bring. The expectation index slipped to 78.8 this month from 82.7 in April.What they are saying? \"Record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables,' said Richard Curtin, chief economist of the survey.Market reaction: The Dow Jones Industrial Average  and S&P  rose in Friday trades. Stocks held onto gains after the sentiment results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134521751,"gmtCreate":1622249516873,"gmtModify":1704182173200,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/134521751","repostId":"2138488613","repostType":4,"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342682446,"gmtCreate":1618210520285,"gmtModify":1704707545966,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/342682446","repostId":"1137529737","repostType":4,"repost":{"id":"1137529737","pubTimestamp":1618184239,"share":"https://ttm.financial/m/news/1137529737?lang=&edition=fundamental","pubTime":"2021-04-12 07:37","market":"us","language":"en","title":"JPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1137529737","media":"Barrons","summary":"First-quarter earnings season kicks off this week, beginning as always with results from several of ","content":"<p>First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, followed&nbsp;by Bank of&nbsp;America and Citigroup on Thursday and Morgan Stanley on Friday.</p><p>Other notable companies reporting this week include industrial&nbsp;supplier&nbsp;Fastenalon Tuesday.Delta Air Lines,PepsiCo,and&nbsp;UnitedHealth Group&nbsp;publish results on Thursday. And&nbsp;Kansas City Southern&nbsp;reports on Friday.&nbsp; A total of 22&nbsp;S&amp;P 500&nbsp;companies report this week, followed by 64 next week.</p><p><img src=\"https://static.tigerbbs.com/ac3c413681d3a9e134223c4d1a02d883\" tg-width=\"1410\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p>It’s also a busy week for economic data. On Tuesday, the Bureau of Labor Statistics reports the consumer price index for March and the National Federation of Independent Business releases its Small Business Optimism Index for March. Then on Thursday, the Census Bureau reports retail sales data for March. And on Friday, the University of Michigan releases its Consumer Sentiment Index for April.</p><p>Housing-market data out this week include the National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for April on Thursday and the Census Bureau’s new residential construction data for March on Friday.</p><p><b>Monday 4/12</b></p><p>Nvidia&nbsp;hosts its 2021 investor day in conjunction with its GPU Technology conference. Nvidia CEO Jensen Huang will give the keynote address.</p><p><b>Tuesday 4/13</b></p><p>Fastenal reports quarterly results.</p><p><b>The Bureau of Labor</b>&nbsp;Statistics reports the consumer price index for March. Economists forecast a 0.4% monthly increase, matching the February data. The core CPI, which excludes volatile food and energy prices, is expected to rise 0.2%, after edging up 0.1% in February.</p><p><b>The National Federation</b>&nbsp;of Independent Business releases its Small Business Optimism Index for March. Consensus estimate is for a 98 reading, higher than February’s 95.8.</p><p><b>Wednesday 4/14</b></p><p><b>Earnings season begins</b>&nbsp;in earnest with some of the largest money-center and investment banks reporting. JPMorgan Chase, Wells Fargo, and Goldman Sachs Group release first-quarter results before the market open.</p><p>First Republic Bankreleases earnings.</p><p><b>Coinbase Global</b>&nbsp;is set to&nbsp;make its Wall Street debut&nbsp;on Wednesday through a direct listing of its shares on the Nasdaq.</p><p><b>The BLS reports</b>&nbsp;export and import price data for March. Expectations are for a 1% month-over-month rise in export prices, while import prices are seen increasing 0.8%. This compares with gains of 1.6% and 1.3%, respectively, in February.</p><p><b>The Federal Reserve</b>&nbsp;releases the beige book for the second of eight times this year. The beige book gathers anecdotal information on current economic conditions from the 12 Fed districts.</p><p><b>Thursday 4/15</b></p><p>Bank of America,BlackRock,Charles Schwab,Citigroup, Delta Air Lines, PepsiCo,PPG Industries,Truist Financial,U.S. Bancorp,and UnitedHealth Group report quarterly results.</p><p><b>The National Association</b>&nbsp;of Home Builders releases its NAHB/Wells Fargo Housing Market Index for April. Economists forecast an 84.5 reading, greater than the March data. Any reading above 50 indicates that home builders are bullish on the housing market for the next six months.</p><p><b>The Census Bureau</b>&nbsp;reports retail sales data for March. The consensus call is for consumer spending to rise 1.3% month over month, after declining 3% in February.</p><p><b>Friday 4/16</b></p><p>Bank of New York Mellon,Citizens Financial Group,Kansas City Southern, Morgan Stanley,PNC Financial Services Group,and&nbsp;State Street&nbsp;hold conference calls to discuss earnings.</p><p><b>The University of Michigan</b>&nbsp;releases its Consumer Sentiment Index for April. Expectations are for an 88 reading. March’s 84.9 figure was the highest since a year earlier.</p><p><b>The Census Bureau</b>&nbsp;reports new residential construction data for March. Economists forecast a seasonally adjusted annual rate of 1.61 million housing starts, a 13% month-over-month increase.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 07:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, ...</p>\n\n<a href=\"https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛",".IXIC":"NASDAQ Composite","WFC":"富国银行","MS":"摩根士丹利","NVDA":"英伟达","JPM":"摩根大通",".DJI":"道琼斯",".SPX":"S&P 500 Index","COIN":"Coinbase Global, Inc."},"source_url":"https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137529737","content_text":"First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, followed by Bank of America and Citigroup on Thursday and Morgan Stanley on Friday.Other notable companies reporting this week include industrial supplier Fastenalon Tuesday.Delta Air Lines,PepsiCo,and UnitedHealth Group publish results on Thursday. And Kansas City Southern reports on Friday.  A total of 22 S&P 500 companies report this week, followed by 64 next week.It’s also a busy week for economic data. On Tuesday, the Bureau of Labor Statistics reports the consumer price index for March and the National Federation of Independent Business releases its Small Business Optimism Index for March. Then on Thursday, the Census Bureau reports retail sales data for March. And on Friday, the University of Michigan releases its Consumer Sentiment Index for April.Housing-market data out this week include the National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for April on Thursday and the Census Bureau’s new residential construction data for March on Friday.Monday 4/12Nvidia hosts its 2021 investor day in conjunction with its GPU Technology conference. Nvidia CEO Jensen Huang will give the keynote address.Tuesday 4/13Fastenal reports quarterly results.The Bureau of Labor Statistics reports the consumer price index for March. Economists forecast a 0.4% monthly increase, matching the February data. The core CPI, which excludes volatile food and energy prices, is expected to rise 0.2%, after edging up 0.1% in February.The National Federation of Independent Business releases its Small Business Optimism Index for March. Consensus estimate is for a 98 reading, higher than February’s 95.8.Wednesday 4/14Earnings season begins in earnest with some of the largest money-center and investment banks reporting. JPMorgan Chase, Wells Fargo, and Goldman Sachs Group release first-quarter results before the market open.First Republic Bankreleases earnings.Coinbase Global is set to make its Wall Street debut on Wednesday through a direct listing of its shares on the Nasdaq.The BLS reports export and import price data for March. Expectations are for a 1% month-over-month rise in export prices, while import prices are seen increasing 0.8%. This compares with gains of 1.6% and 1.3%, respectively, in February.The Federal Reserve releases the beige book for the second of eight times this year. The beige book gathers anecdotal information on current economic conditions from the 12 Fed districts.Thursday 4/15Bank of America,BlackRock,Charles Schwab,Citigroup, Delta Air Lines, PepsiCo,PPG Industries,Truist Financial,U.S. Bancorp,and UnitedHealth Group report quarterly results.The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for April. Economists forecast an 84.5 reading, greater than the March data. Any reading above 50 indicates that home builders are bullish on the housing market for the next six months.The Census Bureau reports retail sales data for March. The consensus call is for consumer spending to rise 1.3% month over month, after declining 3% in February.Friday 4/16Bank of New York Mellon,Citizens Financial Group,Kansas City Southern, Morgan Stanley,PNC Financial Services Group,and State Street hold conference calls to discuss earnings.The University of Michigan releases its Consumer Sentiment Index for April. Expectations are for an 88 reading. March’s 84.9 figure was the highest since a year earlier.The Census Bureau reports new residential construction data for March. Economists forecast a seasonally adjusted annual rate of 1.61 million housing starts, a 13% month-over-month increase.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346964886,"gmtCreate":1617981168545,"gmtModify":1704705660573,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/346964886","repostId":"1135668067","repostType":4,"repost":{"id":"1135668067","pubTimestamp":1617978752,"share":"https://ttm.financial/m/news/1135668067?lang=&edition=fundamental","pubTime":"2021-04-09 22:32","market":"us","language":"en","title":"SANP Stock: 13 Things to Know About the New Skullys NFT Website as Penny Stock Santo Mining Soars","url":"https://stock-news.laohu8.com/highlight/detail?id=1135668067","media":"investorplace","summary":"Santo Mining(OTCMKTS:SANP) stock is on the rise Friday after announcing the launch of its new Skully","content":"<p><b>Santo Mining</b>(OTCMKTS:<b><u>SANP</u></b>) stock is on the rise Friday after announcing the launch of its new Skullys NFT website.</p>\n<p><img src=\"https://static.tigerbbs.com/e8765f7f9ed9f3096606c1c2cc3dcd3f\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p>Here’s everything investors need to know about the blockchain company’s new NFT plans.</p>\n<ul>\n <li>Santo Mining is planning tomint more than 2,000 NFTsin the coming days.</li>\n <li>It notes that these NFTs will make use of the<b>Cardano</b>(CCC:<b><u>ADA-USD</u></b>) network.</li>\n <li>At that same time, the company is rebranding Santpool to Skullyspool.</li>\n <li>This is a proof of stake pool for Cardano delegators that allows them to earn passive income off of the cryptocurrency.</li>\n <li>Santo Mining has pledged to contribute all sales back to Skullyspool to encourage growth.</li>\n <li>Adding to that, certain delegates of the poll will be gifted NFTs.</li>\n <li>This includes those delegates that have handled more than 50,000ADA coins on the pool for more than 10 Epochs.</li>\n <li>Santo Mining’s decision to use ADA for its NFTs has it embracing a different standard than others.</li>\n <li>Most NFTs are made with &nbsp;<b>Ethereum</b>&nbsp;(CCC:<b><u>ETH-USD</u></b>).</li>\n <li>However, other crypto coins have been gaining popularity in the NFT space.</li>\n <li>That includes ADA, as well as<b>Polkadot</b>&nbsp;(CCC:<b><u>DOT1-USD</u></b>).</li>\n <li>Either way, SANP’s decision to join the NFT market makes sense.</li>\n <li>Plenty of stocks have been benefitting from the NFT boom and that has many shares seeing gains.</li>\n</ul>\n<p>Frank Yglesias, the CEO of Santo Mining, said the following about the news boosting SANP stock up.</p>\n<blockquote>\n “Aaaarrrrgggghhhh! from the depths of the Caribbean sea, I have just unleashed from Davy Jones’ Locker an array of NFTs SKULLYS® that will join the Cardano network. As the Cardano network increases we will add multi-functions like augmented reality, geo-positioning, reward coupons, treasure hunting, our unique NFT code A.R.R. (Accept, Relinquish, Reward) just to name a few, kool things.”\n</blockquote>\n<p>SANP stock was up 12.2% as of Friday morning.</p>\n<p>The NFT market continues to grow with more companies joining in on the action.</p>","source":"lsy1606302653667","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>SANP Stock: 13 Things to Know About the New Skullys NFT Website as Penny Stock Santo Mining Soars</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\">\nSANP Stock: 13 Things to Know About the New Skullys NFT Website as Penny Stock Santo Mining Soars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/sanp-stock-13-things-to-know-about-the-new-skullys-nft-website-as-penny-stock-santo-mining-soars/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Santo Mining(OTCMKTS:SANP) stock is on the rise Friday after announcing the launch of its new Skullys NFT website.\nSource: Shutterstock\nHere’s everything investors need to know about the blockchain ...</p>\n\n<a href=\"https://investorplace.com/2021/04/sanp-stock-13-things-to-know-about-the-new-skullys-nft-website-as-penny-stock-santo-mining-soars/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SANP":"Santo Mining Corp"},"source_url":"https://investorplace.com/2021/04/sanp-stock-13-things-to-know-about-the-new-skullys-nft-website-as-penny-stock-santo-mining-soars/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135668067","content_text":"Santo Mining(OTCMKTS:SANP) stock is on the rise Friday after announcing the launch of its new Skullys NFT website.\nSource: Shutterstock\nHere’s everything investors need to know about the blockchain company’s new NFT plans.\n\nSanto Mining is planning tomint more than 2,000 NFTsin the coming days.\nIt notes that these NFTs will make use of theCardano(CCC:ADA-USD) network.\nAt that same time, the company is rebranding Santpool to Skullyspool.\nThis is a proof of stake pool for Cardano delegators that allows them to earn passive income off of the cryptocurrency.\nSanto Mining has pledged to contribute all sales back to Skullyspool to encourage growth.\nAdding to that, certain delegates of the poll will be gifted NFTs.\nThis includes those delegates that have handled more than 50,000ADA coins on the pool for more than 10 Epochs.\nSanto Mining’s decision to use ADA for its NFTs has it embracing a different standard than others.\nMost NFTs are made with  Ethereum (CCC:ETH-USD).\nHowever, other crypto coins have been gaining popularity in the NFT space.\nThat includes ADA, as well asPolkadot (CCC:DOT1-USD).\nEither way, SANP’s decision to join the NFT market makes sense.\nPlenty of stocks have been benefitting from the NFT boom and that has many shares seeing gains.\n\nFrank Yglesias, the CEO of Santo Mining, said the following about the news boosting SANP stock up.\n\n “Aaaarrrrgggghhhh! from the depths of the Caribbean sea, I have just unleashed from Davy Jones’ Locker an array of NFTs SKULLYS® that will join the Cardano network. As the Cardano network increases we will add multi-functions like augmented reality, geo-positioning, reward coupons, treasure hunting, our unique NFT code A.R.R. (Accept, Relinquish, Reward) just to name a few, kool things.”\n\nSANP stock was up 12.2% as of Friday morning.\nThe NFT market continues to grow with more companies joining in on the action.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346964020,"gmtCreate":1617981140760,"gmtModify":1704705659433,"author":{"id":"3579903850271065","authorId":"3579903850271065","name":"nicoco","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579903850271065","authorIdStr":"3579903850271065"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/346964020","repostId":"2126333390","repostType":4,"repost":{"id":"2126333390","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":1617980520,"share":"https://ttm.financial/m/news/2126333390?lang=&edition=fundamental","pubTime":"2021-04-09 23:02","market":"us","language":"en","title":"Biden's budget outline calls for new health agency and 16% rise in non-defense, discretionary spending","url":"https://stock-news.laohu8.com/highlight/detail?id=2126333390","media":"Dow Jones","summary":"MW Biden's budget outline calls for new health agency and 16% rise in non-defense, discretionary spe","content":"<p>MW Biden's budget outline calls for new health agency and 16% rise in non-defense, discretionary spending</p><p>By Victor Reklaitis</p><p>The Biden White House on Friday took the wraps off its fiscal 2022 discretionary spending proposal, with the budget outline calling for a new health agency as well as a 16% increase in non-defense outlays.</p><p>The outline, often called a \"skinny budget,\" requests $6.5 billion to launch the \"Advanced Research Projects Agency for Health,\" or ARPA-H. The new outfit would have an initial focus on cancer and diseases like diabetes and Alzheimer's, and ultimately would aim to help drive transformational innovations in health research, Biden administration officials told reporters.</p><p>Administration officials said the U.S. has been under-investing in core public services, benefits and protections over the last 10 years, and their request for $769 billion for non-defense discretionary spending -- a 16% rise over fiscal 2021's enacted level -- would return this category of spending to 3.3% of GDP, roughly the historical average over the last 30 years.</p><p>The budget outline calls for $715 billion for the Defense Department, representing a 1.6% rise from the current level and making up the bulk of the $753 billion requested for national defense programs. While progressive groups are criticizing the stepped-up money for the Pentagon, administration officials said a large chunk of that increase is to pay for the pay raise for men and women in uniform and the civilians that support them.</p><p>Other highlights include $36.5 billion in Title I grants to provide funding for high-poverty schools, $10.7 billion for fighting the opioid epidemic, $8.7 billion for the Centers for Disease Control and Prevention and $2.1 billion to address gun violence.</p><p>The discretionary spending request is \"a package of proposals to help build on efforts to combat the COVID-19 pandemic and improve the public health infrastructure; create an economy that works for everyone; mount a historic, whole-of-Government approach to combating climate change, advance equity across the Nation and economy; and restore America's standing around the world,\" said Shalanda Young, acting director of the Office of Management and Budget, in a letter to lawmakers.</p><p>Ahead of the budget outline's rollout, critics suggested it could raise more questions than it answered in the wake of a $1.9 trillion stimulus package and Biden's $2.3 trillion infrastructure proposal.</p><p>\"The central issue is what are they going to assert they get in the way of economic growth out of their combination of the American Rescue Plan, the American Jobs Plan and whatever sequel it might have and how does that fit into some sort of budgetary strategy regarding the structural deficit that we have? And <a href=\"https://laohu8.com/S/AONE\">one</a> year of discretionary numbers doesn't shed light on either of those things,\" Douglas Holtz-Eakin, president of the conservative American Action Forum think tank and a former head of the Congressional Budget Office, told MarketWatch.</p><p>See:Cascade of red ink poses risks for Biden's budget rollout</p><p>Discretionary funding makes up only about a third of annual spending by the government, as Medicare, Social Security and other entitlement programs take up more and more resources. It has become customary for new administrations to release their proposed discretionary spending for the next budget year around this time, and their outlines then can be used by lawmakers on Capitol Hill to begin writing the annual appropriations bills.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden's budget outline calls for new health agency and 16% rise in non-defense, discretionary spending</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\">\nBiden's budget outline calls for new health agency and 16% rise in non-defense, discretionary spending\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\">2021-04-09 23:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>MW Biden's budget outline calls for new health agency and 16% rise in non-defense, discretionary spending</p><p>By Victor Reklaitis</p><p>The Biden White House on Friday took the wraps off its fiscal 2022 discretionary spending proposal, with the budget outline calling for a new health agency as well as a 16% increase in non-defense outlays.</p><p>The outline, often called a \"skinny budget,\" requests $6.5 billion to launch the \"Advanced Research Projects Agency for Health,\" or ARPA-H. The new outfit would have an initial focus on cancer and diseases like diabetes and Alzheimer's, and ultimately would aim to help drive transformational innovations in health research, Biden administration officials told reporters.</p><p>Administration officials said the U.S. has been under-investing in core public services, benefits and protections over the last 10 years, and their request for $769 billion for non-defense discretionary spending -- a 16% rise over fiscal 2021's enacted level -- would return this category of spending to 3.3% of GDP, roughly the historical average over the last 30 years.</p><p>The budget outline calls for $715 billion for the Defense Department, representing a 1.6% rise from the current level and making up the bulk of the $753 billion requested for national defense programs. While progressive groups are criticizing the stepped-up money for the Pentagon, administration officials said a large chunk of that increase is to pay for the pay raise for men and women in uniform and the civilians that support them.</p><p>Other highlights include $36.5 billion in Title I grants to provide funding for high-poverty schools, $10.7 billion for fighting the opioid epidemic, $8.7 billion for the Centers for Disease Control and Prevention and $2.1 billion to address gun violence.</p><p>The discretionary spending request is \"a package of proposals to help build on efforts to combat the COVID-19 pandemic and improve the public health infrastructure; create an economy that works for everyone; mount a historic, whole-of-Government approach to combating climate change, advance equity across the Nation and economy; and restore America's standing around the world,\" said Shalanda Young, acting director of the Office of Management and Budget, in a letter to lawmakers.</p><p>Ahead of the budget outline's rollout, critics suggested it could raise more questions than it answered in the wake of a $1.9 trillion stimulus package and Biden's $2.3 trillion infrastructure proposal.</p><p>\"The central issue is what are they going to assert they get in the way of economic growth out of their combination of the American Rescue Plan, the American Jobs Plan and whatever sequel it might have and how does that fit into some sort of budgetary strategy regarding the structural deficit that we have? And <a href=\"https://laohu8.com/S/AONE\">one</a> year of discretionary numbers doesn't shed light on either of those things,\" Douglas Holtz-Eakin, president of the conservative American Action Forum think tank and a former head of the Congressional Budget Office, told MarketWatch.</p><p>See:Cascade of red ink poses risks for Biden's budget rollout</p><p>Discretionary funding makes up only about a third of annual spending by the government, as Medicare, Social Security and other entitlement programs take up more and more resources. It has become customary for new administrations to release their proposed discretionary spending for the next budget year around this time, and their outlines then can be used by lawmakers on Capitol Hill to begin writing the annual appropriations bills.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126333390","content_text":"MW Biden's budget outline calls for new health agency and 16% rise in non-defense, discretionary spendingBy Victor ReklaitisThe Biden White House on Friday took the wraps off its fiscal 2022 discretionary spending proposal, with the budget outline calling for a new health agency as well as a 16% increase in non-defense outlays.The outline, often called a \"skinny budget,\" requests $6.5 billion to launch the \"Advanced Research Projects Agency for Health,\" or ARPA-H. The new outfit would have an initial focus on cancer and diseases like diabetes and Alzheimer's, and ultimately would aim to help drive transformational innovations in health research, Biden administration officials told reporters.Administration officials said the U.S. has been under-investing in core public services, benefits and protections over the last 10 years, and their request for $769 billion for non-defense discretionary spending -- a 16% rise over fiscal 2021's enacted level -- would return this category of spending to 3.3% of GDP, roughly the historical average over the last 30 years.The budget outline calls for $715 billion for the Defense Department, representing a 1.6% rise from the current level and making up the bulk of the $753 billion requested for national defense programs. While progressive groups are criticizing the stepped-up money for the Pentagon, administration officials said a large chunk of that increase is to pay for the pay raise for men and women in uniform and the civilians that support them.Other highlights include $36.5 billion in Title I grants to provide funding for high-poverty schools, $10.7 billion for fighting the opioid epidemic, $8.7 billion for the Centers for Disease Control and Prevention and $2.1 billion to address gun violence.The discretionary spending request is \"a package of proposals to help build on efforts to combat the COVID-19 pandemic and improve the public health infrastructure; create an economy that works for everyone; mount a historic, whole-of-Government approach to combating climate change, advance equity across the Nation and economy; and restore America's standing around the world,\" said Shalanda Young, acting director of the Office of Management and Budget, in a letter to lawmakers.Ahead of the budget outline's rollout, critics suggested it could raise more questions than it answered in the wake of a $1.9 trillion stimulus package and Biden's $2.3 trillion infrastructure proposal.\"The central issue is what are they going to assert they get in the way of economic growth out of their combination of the American Rescue Plan, the American Jobs Plan and whatever sequel it might have and how does that fit into some sort of budgetary strategy regarding the structural deficit that we have? And one year of discretionary numbers doesn't shed light on either of those things,\" Douglas Holtz-Eakin, president of the conservative American Action Forum think tank and a former head of the Congressional Budget Office, told MarketWatch.See:Cascade of red ink poses risks for Biden's budget rolloutDiscretionary funding makes up only about a third of annual spending by the government, as Medicare, Social Security and other entitlement programs take up more and more resources. It has become customary for new administrations to release their proposed discretionary spending for the next budget year around this time, and their outlines then can be used by lawmakers on Capitol Hill to begin writing the annual appropriations bills.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}