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R Lim
2023-01-04
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7 Sensational Stocks That Can Double Your Money in 2023
R Lim
2023-01-02
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R Lim
2023-02-18
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US STOCKS-S&P 500 Ends Down As Investors Fret About Interest Rates
R Lim
2022-12-25
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7 High-Yield Dividend Stocks to Buy Now
R Lim
2022-11-29
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Alibaba: Candidate For The Record Book Of Mispriced Stocks
R Lim
2022-12-31
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US STOCKS-Wall St Ends 2022 With Biggest Annual Drop Since 2008
R Lim
2022-11-27
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3 Tech Stocks You Can Count on in This Uncertain Market
R Lim
2022-11-30
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"Who Can Turn off the Websites?": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX
R Lim
2023-03-20
Google, Microsoft, Apple, Tesla are top contenders in this AI wave brought forth by ChatGPT.
R Lim
2022-12-26
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Reminder: U.S. Market Will be Closed for Christmas Day on Monday, 26 December 2022
R Lim
2022-12-16
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Stock Market Traders Discover That Bad News Is Bad After All
R Lim
2022-12-14
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Fed to Downshift to Half-Point Hike But Point to Higher Peak
R Lim
2023-01-07
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Apple Stock: Buy Below $100?
R Lim
2023-01-01
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Reminder: U.S. Market Closed for New Year's Day on Monday, Jan. 2, 2023
R Lim
2022-11-03
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Apple Now Valued at More Than Amazon, Alphabet and Meta — Combined
R Lim
2022-10-14
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US STOCKS-Wall Street Ends up 2% After Sharp Reversal; Technicals Help
R Lim
2022-09-20
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87% of Warren Buffett's Secret Portfolio Is Invested in These 5 Stocks
R Lim
2022-08-08
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The S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market
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fun","text":"good fun","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237063677046872","repostId":"234641357262864","repostType":1,"repost":{"id":234641357262864,"gmtCreate":1698311576543,"gmtModify":1698655637693,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger's Halloween Fun! Win Big!","htmlText":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","listText":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","text":"Hey there, spooky squad! 🎃Halloween is coming, and it's time for some fang-tastic fun with our new game - Trick Or Trade! Get ready for some fun, and earn points to win a USD 100 stock voucher and AAPL stock!*In this thrilling game, you'll have just 60 seconds to fend off a gang of mischievous Halloween spirits. It's your job to give them a fright and chase them away with a tap – the more, the merrier!Now, here's the twist: each ghostly friend will require different taps and will reward you with various points.Airy the Apparition - Just one tap, and poof, they vanish. Spooktacularly easy!Bubbles the Water Pixie - Disappears with zero taps - A true magic trick!Rocky the Earth Spirit - You'll need to tap twice to send it packing. He's grounded, you see.Flicker the Embergeist - Another one-ta","images":[{"img":"https://community-static.tradeup.com/news/ad478b709732d53302c395a52fa1c8e1","width":"1200","height":"630"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234641357262864","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":237062673739840,"gmtCreate":1698912180973,"gmtModify":1698912185648,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Nice game, let's win more vouchers","listText":"Nice game, let's win more vouchers","text":"Nice game, let's win more vouchers","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/237062673739840","isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":234308242956512,"gmtCreate":1698247792640,"gmtModify":1698250956719,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"BTC regaining strength, what will be in store for cryptocurrencies?","listText":"BTC regaining strength, what will be in store for cryptocurrencies?","text":"BTC regaining strength, what will be in store for cryptocurrencies?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234308242956512","isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943830797,"gmtCreate":1679327662119,"gmtModify":1679327665956,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Google, Microsoft, Apple, Tesla are top contenders in this AI wave brought forth by ChatGPT.","listText":"Google, Microsoft, Apple, Tesla are top contenders in this AI wave brought forth by ChatGPT.","text":"Google, Microsoft, Apple, Tesla are top contenders in this AI wave brought forth by ChatGPT.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9943830797","isVote":1,"tweetType":1,"viewCount":866,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4142388464722912","authorId":"4142388464722912","name":"MichaelDe","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4142388464722912","authorIdStr":"4142388464722912"},"content":"Facts. To the moon[Money Mafia]","text":"Facts. To the moon[Money Mafia]","html":"Facts. To the moon[Money Mafia]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954740334,"gmtCreate":1676678630928,"gmtModify":1676678634768,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954740334","repostId":"2312260928","repostType":4,"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956461122,"gmtCreate":1674139933366,"gmtModify":1676538926204,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956461122","repostId":"1139589293","repostType":4,"repost":{"id":"1139589293","kind":"news","pubTimestamp":1674128095,"share":"https://ttm.financial/m/news/1139589293?lang=&edition=fundamental","pubTime":"2023-01-19 19:34","market":"us","language":"en","title":"Apple's Upcoming Earnings Report Could Be Their Worst In A Decade?","url":"https://stock-news.laohu8.com/highlight/detail?id=1139589293","media":"Seeking Alpha","summary":"SummaryApple is facing mounting downward revisions as the most crucial quarter of the year for the w","content":"<html><head></head><body><h2>Summary</h2><ul><li>Apple is facing mounting downward revisions as the most crucial quarter of the year for the world's largest company approaches.</li><li>The acute nature of supply concerns in China has receded, but I suspect this will be an enduring problem over the next few years.</li><li>Recently, more evidence has been mounting that the company may be facing receding demand across several product lines.</li><li>The company has reduced expectations and goals for two major future products that cast a shadow on future earnings.</li><li>Apple is facing headwinds across multiple divisions going into its crucial first fiscal quarter of 2023, setting the stage for a big earnings miss.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4609d7d788adf6621345b703f796e12\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>chris-mueller</span></p><p>Apple (NASDAQ:AAPL) is the world's largest company and one of the most successful companies in history. However, I believe it is likely approaching one of its worst quarterly earnings reports in the last decade. Multiple headwinds across Apple's diverse segments suggest nextquarter could be a big miss, or perhaps there could even be a pre-announcement. In the last eight quarters, Apple has beat expectations every time and met expectations once in October 2021.</p><p>Apple's multiple has grown recently as it proved its services business could be a true grower. However, the hardware segments still account for 80% of revenue, which is expected to be essentially flat this year. There have been continual problems with the development of future products. Given the company's massive scale, I believe success here would have to be perfect to contribute to revenue meaningfully.</p><p>Applehas grown from $19.1 billion in annual revenue in 2006 to $394 billion in 2022. The impeccable record of the last decades seems too much to maintain, and while the firm successfully spun a lot of plates to keep delivering during COVID, this is the quarter where a few are likely to fall. Much of the recent behavior of management could suggest that a "mea culpa" quarter is what's in store.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba6101f3ff63661c5f4ea659db1396bc\" tg-width=\"1530\" tg-height=\"519\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>The other thing is that the Services business is experiencing single-digit growth and has had personnel issues. Due to these issues, the vital segment is undergoing a complete restructuring: another source of risk for a company with no current roadmap to produce genre-defining blockbuster products that have a high chance of living up to the super-human expectations that investors have for this stock. Over the last quarters, Cupertino has beaten expectations by less and less. I suspect this next quarter is when they finally miss, perhaps in a shocking way.</p><h2>Apple's Performance Lately</h2><p>Last quarter, Apple held the line with record September sales of $90 billion that surpassed analyst estimates while its Tech Titan peers languished amid slowdowns in demand for core revenue drivers, including digital advertising. This quarter, I think Apple's earnings will be very weak and lead to one of the most significant one-day drops for the stock in recent history. The stock only had one major post-earnings drop in the last eight quarters in FQ2022, and the stock was down almost 9% a day after that report. I suspect this earnings report on February 2nd will result in the stock dropping more than this.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba8d27b1f1d41f1c683fb9b9f145d178\" tg-width=\"640\" tg-height=\"368\" referrerpolicy=\"no-referrer\"/><span>Thinkorswim</span></p><p>The uncertainty and obstacles casting a shadow over this coming earnings report are significant for Apple. The first fiscal quarter of the year reflects Apple's holiday sales, and over the last five years, this quarter has been responsible for around a third of the total revenue for the year. Downward revisions have flurried in.</p><p>As I will argue in this article, the headwinds for Apple are mounting across the entire business, and uncertainty is building. It's essential also to remember that if a stock has a P/E of 20, that 95% of the value is based on earnings far in the future. Apple has recently set diminished expectations for the two future products that will need to drive a lot of revenue to live up to the high expectations for the stock, the iCarand the AR headset.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/49871ba1f61719335227cfce9416e2a4\" tg-width=\"640\" tg-height=\"158\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>Over the last year, Technology got hit very hard as the Federal Reserve brought the pain with the second-fastest tightening cycle in history. Some large-cap tech names lost close to most of their market cap, some even more. However, Apple was a relative haven compared to many of its peers. The world's largest company has done a lot to earn investors' trust. It is perhaps the most successful company in history and the largest company on the planet by market cap.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da83cb26ed9e160a73c89edca2b450e0\" tg-width=\"640\" tg-height=\"243\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>However, during November and December, alarming developments came out of Apple's Shenzen manufacturing cluster, where it produces the vast majority of its most important product, the iPhone. First, production was interrupted by a COVID outbreak, and second by a riot and mass worker walk-outs.</p><p>This led to significant production interruptions. While many companies had been relocating operations out of China due to an increasingly challenging operating environment, Apple remained steadfast. However, in December, Apple finally cracked after the unseemly riot and announced plans to accelerate its supply chain diversification out of China.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/511e06e6a34fade4d811c7b2bc4dda7a\" tg-width=\"918\" tg-height=\"596\" referrerpolicy=\"no-referrer\"/><span>Bloomberg</span></p><p>I did an article last month on Apple's increasing supply chain woes called <i>Apple's China Curse Has Likely Only Just Begun.</i> In this piece, I detailed why I thought the issues emerging from China were more consequential than a mere hiccup in the headline cycle. The low costs and stability that Apple's Chinese partners have provided have been critical to the firm's ability to generate the "super profits" that shareholders so love it for. Here is an excerpt summarizing my thoughts on the supply problem below.</p><blockquote>The production issues in China and the subsequent efforts to diversify them at an accelerated pace means that the only direction for costs over the next couple of years will be up, at the expense of increasingly superior shareholder returns relative to peers. The product cycle depends on new models to sustain demand, so the interruption in the most advanced models is especially concerning and potentially very problematic. Already there are reports that Apple's next model will require the largest price hike in the history of the iPhone. Apple must avoid losing its high-tempo iPhone product cadence at all costs. And cost it will.</blockquote><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4eb238945faa0ea9fa18c92e1b7d346f\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>Since my article was published, Apple has significantly lagged behind its Tech peers, reversing the relative leadership it showed in 2022. Apple was down about 7.5% over the last month, with Microsoft not far behind. However, the rest of the large-cap tech titans did significantly better. Amazon gained over 6%, and Meta gained over 14%.</p><p>Apple dipped to a 52-week low of $124.17 on January 3rd and has since recovered to around $134 as of the writing of this article. Another big part of my bearishness on Apple was that its earnings are forecast to decelerate throughout the first half. It is tough comps off a COVID peak. But earnings are forecast to contract slightly the quarter after as well.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3e4ca4979521c433013659b59e7d3a2d\" tg-width=\"640\" tg-height=\"219\" referrerpolicy=\"no-referrer\"/><span>TD Ameritrade</span></p><p>That article was focused on the supply-side issue in China, which has improved since, and the difficulty of moving away from China. However, many other headwinds are coming to roost as Apple approaches its most vital report of the year. As I previously argued, the issues from dependence on the Chinese manufacturing cluster won't be going away anytime soon despite the improvement in what was an extremely acute situation. There are also other risks vexing Cupertino.</p><h2>A Constellation of Risks Across Apple's Business Casts a Dark Cloud in 2023</h2><p>Apple is a genuinely excellent business that has changed the human experience profoundly, but it is also the largest business in the world. No matter what it is, the world's largest business will always have a royal list of problems that defy comprehension. Indeed, it is a miracle that Apple performed so well during the global pandemic and a testament to the excellent management team.</p><p>However, the influx of demand during that period almost necessarily means growth will be subdued in the coming years, given the prodigious scale of the company and dismal economic conditions in key global markets. As you can see, one of the critical things Apple has been demonstrating to the joy of its shareholders over the last years is a diversification of revenue away from the iPhone, mainly from the fast-growing services segment. This is one of the main reasons the multiple expanded beyond its hardware peers, but there has been a weakness in services in past quarters that will likely only be getting worse.</p><p>The iPhone is a pretty mature product dependent on a highly synchronized global dance where thousands of suppliers from dozens of countries ship their wares to Foxconn facilities in China to be assembled. The upcoming quarter is already slated to be impacted significantly because of the supply disruptions in Apple's core revenue driver.</p><p>Big Tech's reporting relative to large non-Tech companies is somewhat more opaque, likely to deceive competitors on crucial profit centers, but this also makes it hard for analysts to understand the scale of adverse developments, which is only exacerbated by recency bias. This is not to imply any wrongdoing by the company or Big Tech in general. But, given that the size of their segments is larger than most companies and that Apple and its peers tend to lump a lot of business lines into fewer segments than non-tech peers, it can be challenging to know where potential risks can emerge after three bumper years in a row.</p><p>For example, the Economist reported that the five largest Technology firms have thirty-two reporting segments compared to fifty-six reporting segments for the largest five non-Tech firms. When you have the best of the best aiding in preparing your 10-Ks, there's some perfectly legal wiggle room in how to present yourself best. You can bet that Big Tech is putting on its best face and not advertising its competitive edge, but this can also produce unwelcome surprises.</p><p>However, other emerging risks across the business make me think that the upcoming report could be even worse than the revised downward momentum in estimates revisions suggest. This is because the emerging constellation of risks goes far beyond the problems in Zhengzhou (iPhone city).</p><p>The first problem is also the most obvious one. You see that spike in iPhone sales, well the one coming next quarter will be severely diminished by the production issues I've already thoroughly discussed. What is less considered, though, is the recent reports that Apple is starting to experience reduced demand across several product lines. It is also estimated that up to 10% of Apple's revenue could be threatened by looming antitrust efforts. One potential shock to investors would be if the multi-billion dollar payment Google pays for the exclusive search were to come under scrutiny. There are many moving parts and potential for unpleasant surprises in 2023.</p><p><b>Slowing Demand, Rising Costs, and Tough Comps:</b> The production problems are well-known, and fears around this issue are probably the primary reason the stock recently hit a 52-week low. Still, rising concerns about demand for Apple products amid a general global electronics slowdown have cropped up recently. One Apple supplier recently told the media that the company has been asking its suppliers to produce fewer critical components because of weak demand"across almost all products." The bumper demand for Macs and iPads that helped the company achieve record earnings in the wake of COVID is likely to reverse significantly.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/349ba3bf1702d99e400dff921df9cca7\" tg-width=\"548\" tg-height=\"314\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>Also, despite being overshadowed by the problems at Zhengzhou and COVID protests, Apple has already cut production targets because of diminishing consumer demand. Remember that Apple is a global company and significant portions of sales come from Europe and China, both experiencing significant and potentially prolonged economic weakness. The economic weakness may be finally making its way to the high-end consumers that Apple largely depends on, and if a "richcession" occurs, the firm's sales could suffer in an outsized way. It's not just the products themselves; Apple services revenues depend on a high-spending customer in gaming, for instance. In this subsection of services, 1% of customers (presumably affluent) account for two-thirds of revenue.</p><p>The other thing is that the foregone iPhone demand from production issues won't necessarily be recovered as in the past. Some expect Apple to revise estimates for the March quarter, but if we're in the teeth of an economic slowdown, these upward projections might be too optimistic. Some analysts see the demand as increasingly perishable. If this is the case, then estimates for Apple's earnings are still far too high. Price targets have decreased significantly, which may reach a crescendo after the following report.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e4c1a53f8325a0416d65003acd9020f\" tg-width=\"640\" tg-height=\"347\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>Chinese demand for iPhones is challenging as the country endures a wrenching COVID outbreak after the nation's leadership ended years of draconian anti-virus measures. The numbers of infected are in closing in on a billion cases. Significantly, the Chinese population may have diminished capacity for purchasing in the wake of such a ubiquitous scourge. Much of China's population tends to save a high proportion of their income in savings, which may have been exhausted from medical expenses. A hefty proportion of the population has no proper health insurance. CFO Luca Maestri also predicted Mac sales would drop substantially this quarter.</p><p><b>Problems With Services Segment:</b> Wall Street Analysts have long been wary of Apple's overconcentration in iPhones for revenue. The company's answer was to create a diversified model that would become increasingly dependent on subscription revenue for Apple Services, including the App Store, Apple TV+, Apple Music, and cloud services.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/74d50f4e1538b3cfe95b03dd2d55106f\" tg-width=\"640\" tg-height=\"485\" referrerpolicy=\"no-referrer\"/><span>Macrumor.com</span></p><p>The story of the Services growth has mainly been positive, but the massive influx of new activity seen around stay-at-home restrictions from COVID will be hard to maintain or supersede. Apple's Services growth has been decelerating. In Apple's earnings report two quarters ago, Services grew at the slowest pace since 2015.</p><p>There doesn't seem to be any help on the way, and I suspect continued muted growth rates in the Services segment. Without the high growth in the non-hardware segment, Apple's multiple will likely come under additional pressure. Rising costs for diminishing returns in areas like Apple's streaming segment, which are necessary to compete, are not a good sign for those hoping to maintain similar levels of growth and profitability in the future.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b131ed622bfb5af5973c05b23ba0e25d\" tg-width=\"640\" tg-height=\"268\" referrerpolicy=\"no-referrer\"/><span>Trefis</span></p><p>The growth assumptions for the Services components appear very precarious at this time. While Apple streaming has been a great success, it will require increasing investments with diminishing returns to stay competitive. App store revenue, licensing revenue, and third-party subscriptions could all experience obstacles to realizing expected growth.</p><p>This is crucial because part of the reason Apple had begun to have its multiple expand was that it was seen as delivering on the high-stakes effort to have services be the growth engine. Of course, the high-margin services segment also is essential for profitability to continue at levels investors have become expected. The firm is also facing antitrust issues in Europe, and an antitrust proceeding from the DOJ is rumored to be in the works.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4870a58746ff830d589e58a525942a5\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>Remember that the inability to meet iPhone demand because of production problems could also be problematic for bringing new users into the Apple services ecosystem. Apple Services is also leaving a key executive who has shepherded its robust growth over the last years, Peter Stern. This has led to a personnel reshuffling and uncertainty over succession in the vital segment as he was the ordained heir. Succession for critical roles is particularly delicate at Apple, which I believe is an underappreciated headwind to the vital division. Without dazzling investors with Services growth, the P/E seems more likely to be in the range from 2012-2019 than the range seen in the last three years.</p><h2>Other Issues Are Emerging</h2><p>One of the hidden secrets behind Silicon Valley's awe-inspiring success is that at the heart of the fantastic technology and shiny things the bloc produces is a vicious battle for the talent that makes it happen. Unfortunately, there's been mounting issues at Apple in this area which should be very disturbing for shareholders. According to Glassdoor, Apple is no longer one of the top places to work for the first time in over a decade. Issues are emerging in some important new initiatives. The company has touted efforts to bring chip design in-house to the benefit of consumers. However, any benefit of this is likely to be erased by the increased costs of hurriedly exiting China for other locales that won't be able to deliver a fraction of the subsidization that China does. But even more than this, Apple's internal chip efforts have been beset by personnel problems and a significant engineering error that resulted in an inferior iPhone iteration.</p><p>One of Apple's key suppliers, TSMC, also reported earnings that suggest a global slowdown in demand for advanced electronics. This and other information suggest that Apple faces more headwinds than many are willing to admit. However, an even bigger problem is that there are growing morale problems amongst Apple's core employees that are emblematic of a growing malaise. Granted, it's a growing malaise from one of human history's most significant commercial achievements. Peak Apple may come back eventually, but it's likely gone for now. Consistently attracting the highest quality personnel in their field is essential to everything Apple does.</p><h2>Risks to My Bearish Thesis</h2><p>Apple is a fantastic company with a competent management team. But seemingly, the risk is to the downside as we approach Cupertino's most crucial report of the year. In my estimation, the supply problems in China and the associated effort to diversify it are a secular risk that will pressure Apple's margins for the foreseeable future. However, I am surprised the company has already got factories back to 90% capacity. So, if the Chinese production issues are less acute and sticky than I thought, then Apple is in a considerably better position than my analysis would suggest.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ded3773b2e407dc373035f17b0b4baed\" tg-width=\"640\" tg-height=\"227\" referrerpolicy=\"no-referrer\"/><span>TD Ameritrade</span></p><p>Economic data has been coming suggesting that we may get a mild recession or that the Fed may be able to pivot to an accommodative posture sooner than you would think, taking them at face value. If we get a bullish development there and the Fed begins cutting around mid-2023, then Apple will likely be able to rally because of the pressure being taken off valuations for the whole market.</p><p>There is also a chance that murmurings of weakness in the services segment are overblown. Apple sold many products and brought many people into the ecosystem over the past years. The firm has also been making the ecosystem a better value for consumers, which could prove particularly successful, leading to better performance in the services segment I currently expect. Apple has a lot of resources as the world's largest company and still has a lot of gravitas to pull strings when needed. However, I am still firmly convinced the risk is to the downside for the earnings report coming in early February.</p><p>Because of these risks, it is my recommendation not to short-sell Apple. One of the benefits of owning a stock like Apple is the deep and liquid derivatives markets. I believe long put options or covered calls are the best way to play my recommendation for those who don't want to sell their position or expose themselves to the potentially limitless loss that can occur with a short sale.</p><h2>Conclusion</h2><p>I realize that my bearish call on Apple is quite a contrarian one. I also realize it is a very loved company, and I am not trying to diminish the accomplishments of current management teams or past ones. However, Apple's earnings growth this year will be subdued by tough comps and is subject to more uncertainty than at any time in the recent past. No new products are coming that aren't in a market with high barriers to entry. For example, if Apple succeeds with its AR headset, it would be a first in the valley. Cars are a tricky business as well.</p><p>This was the case before the acute problems in China and rising concerns about demand across different Apple products. I suspect that the levels of uncertainty will make forecasting more complex than it's been for years, raising the prospect of an ugly earnings miss on Apple's next quarterly call.</p><p>Apple is a large company that would be exposed to a global recession. But the signs of problems in the touted chip segment, decelerating growth in the services segment, and reports of growing employee dissatisfaction make me think that this quarter could see some anomalously bad performance from Cupertino.</p><p>China was central to the formula shareholders loved. According to my analysis, the consensus is missing the scale of the costs and risks associated with an accelerated diversification of Apple's manufacturing capacity. Growing headwinds on the demand side and in the cherished services segment add to my concern. I remain bearish on Apple in the short and medium term and consider it a strong sell. To reiterate, I suggest using long-put options or covered calls rather than exposing yourself to the considerable risk of short-selling. I think March expirations are advantageous here as I suspect there could be some price weakness between the early February earnings and Apple's coming investor day in March.</p><p><i>This article is written by Christopher Robb for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple's Upcoming Earnings Report Could Be Their Worst In A Decade?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple's Upcoming Earnings Report Could Be Their Worst In A Decade?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-19 19:34 GMT+8 <a href=https://seekingalpha.com/article/4570459-apple-upcoming-earnings-report-could-be-worst-in-decade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple is facing mounting downward revisions as the most crucial quarter of the year for the world's largest company approaches.The acute nature of supply concerns in China has receded, but I ...</p>\n\n<a href=\"https://seekingalpha.com/article/4570459-apple-upcoming-earnings-report-could-be-worst-in-decade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4570459-apple-upcoming-earnings-report-could-be-worst-in-decade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139589293","content_text":"SummaryApple is facing mounting downward revisions as the most crucial quarter of the year for the world's largest company approaches.The acute nature of supply concerns in China has receded, but I suspect this will be an enduring problem over the next few years.Recently, more evidence has been mounting that the company may be facing receding demand across several product lines.The company has reduced expectations and goals for two major future products that cast a shadow on future earnings.Apple is facing headwinds across multiple divisions going into its crucial first fiscal quarter of 2023, setting the stage for a big earnings miss.chris-muellerApple (NASDAQ:AAPL) is the world's largest company and one of the most successful companies in history. However, I believe it is likely approaching one of its worst quarterly earnings reports in the last decade. Multiple headwinds across Apple's diverse segments suggest nextquarter could be a big miss, or perhaps there could even be a pre-announcement. In the last eight quarters, Apple has beat expectations every time and met expectations once in October 2021.Apple's multiple has grown recently as it proved its services business could be a true grower. However, the hardware segments still account for 80% of revenue, which is expected to be essentially flat this year. There have been continual problems with the development of future products. Given the company's massive scale, I believe success here would have to be perfect to contribute to revenue meaningfully.Applehas grown from $19.1 billion in annual revenue in 2006 to $394 billion in 2022. The impeccable record of the last decades seems too much to maintain, and while the firm successfully spun a lot of plates to keep delivering during COVID, this is the quarter where a few are likely to fall. Much of the recent behavior of management could suggest that a \"mea culpa\" quarter is what's in store.Seeking AlphaThe other thing is that the Services business is experiencing single-digit growth and has had personnel issues. Due to these issues, the vital segment is undergoing a complete restructuring: another source of risk for a company with no current roadmap to produce genre-defining blockbuster products that have a high chance of living up to the super-human expectations that investors have for this stock. Over the last quarters, Cupertino has beaten expectations by less and less. I suspect this next quarter is when they finally miss, perhaps in a shocking way.Apple's Performance LatelyLast quarter, Apple held the line with record September sales of $90 billion that surpassed analyst estimates while its Tech Titan peers languished amid slowdowns in demand for core revenue drivers, including digital advertising. This quarter, I think Apple's earnings will be very weak and lead to one of the most significant one-day drops for the stock in recent history. The stock only had one major post-earnings drop in the last eight quarters in FQ2022, and the stock was down almost 9% a day after that report. I suspect this earnings report on February 2nd will result in the stock dropping more than this.ThinkorswimThe uncertainty and obstacles casting a shadow over this coming earnings report are significant for Apple. The first fiscal quarter of the year reflects Apple's holiday sales, and over the last five years, this quarter has been responsible for around a third of the total revenue for the year. Downward revisions have flurried in.As I will argue in this article, the headwinds for Apple are mounting across the entire business, and uncertainty is building. It's essential also to remember that if a stock has a P/E of 20, that 95% of the value is based on earnings far in the future. Apple has recently set diminished expectations for the two future products that will need to drive a lot of revenue to live up to the high expectations for the stock, the iCarand the AR headset.Seeking AlphaOver the last year, Technology got hit very hard as the Federal Reserve brought the pain with the second-fastest tightening cycle in history. Some large-cap tech names lost close to most of their market cap, some even more. However, Apple was a relative haven compared to many of its peers. The world's largest company has done a lot to earn investors' trust. It is perhaps the most successful company in history and the largest company on the planet by market cap.Seeking AlphaHowever, during November and December, alarming developments came out of Apple's Shenzen manufacturing cluster, where it produces the vast majority of its most important product, the iPhone. First, production was interrupted by a COVID outbreak, and second by a riot and mass worker walk-outs.This led to significant production interruptions. While many companies had been relocating operations out of China due to an increasingly challenging operating environment, Apple remained steadfast. However, in December, Apple finally cracked after the unseemly riot and announced plans to accelerate its supply chain diversification out of China.BloombergI did an article last month on Apple's increasing supply chain woes called Apple's China Curse Has Likely Only Just Begun. In this piece, I detailed why I thought the issues emerging from China were more consequential than a mere hiccup in the headline cycle. The low costs and stability that Apple's Chinese partners have provided have been critical to the firm's ability to generate the \"super profits\" that shareholders so love it for. Here is an excerpt summarizing my thoughts on the supply problem below.The production issues in China and the subsequent efforts to diversify them at an accelerated pace means that the only direction for costs over the next couple of years will be up, at the expense of increasingly superior shareholder returns relative to peers. The product cycle depends on new models to sustain demand, so the interruption in the most advanced models is especially concerning and potentially very problematic. Already there are reports that Apple's next model will require the largest price hike in the history of the iPhone. Apple must avoid losing its high-tempo iPhone product cadence at all costs. And cost it will.Seeking AlphaSince my article was published, Apple has significantly lagged behind its Tech peers, reversing the relative leadership it showed in 2022. Apple was down about 7.5% over the last month, with Microsoft not far behind. However, the rest of the large-cap tech titans did significantly better. Amazon gained over 6%, and Meta gained over 14%.Apple dipped to a 52-week low of $124.17 on January 3rd and has since recovered to around $134 as of the writing of this article. Another big part of my bearishness on Apple was that its earnings are forecast to decelerate throughout the first half. It is tough comps off a COVID peak. But earnings are forecast to contract slightly the quarter after as well.TD AmeritradeThat article was focused on the supply-side issue in China, which has improved since, and the difficulty of moving away from China. However, many other headwinds are coming to roost as Apple approaches its most vital report of the year. As I previously argued, the issues from dependence on the Chinese manufacturing cluster won't be going away anytime soon despite the improvement in what was an extremely acute situation. There are also other risks vexing Cupertino.A Constellation of Risks Across Apple's Business Casts a Dark Cloud in 2023Apple is a genuinely excellent business that has changed the human experience profoundly, but it is also the largest business in the world. No matter what it is, the world's largest business will always have a royal list of problems that defy comprehension. Indeed, it is a miracle that Apple performed so well during the global pandemic and a testament to the excellent management team.However, the influx of demand during that period almost necessarily means growth will be subdued in the coming years, given the prodigious scale of the company and dismal economic conditions in key global markets. As you can see, one of the critical things Apple has been demonstrating to the joy of its shareholders over the last years is a diversification of revenue away from the iPhone, mainly from the fast-growing services segment. This is one of the main reasons the multiple expanded beyond its hardware peers, but there has been a weakness in services in past quarters that will likely only be getting worse.The iPhone is a pretty mature product dependent on a highly synchronized global dance where thousands of suppliers from dozens of countries ship their wares to Foxconn facilities in China to be assembled. The upcoming quarter is already slated to be impacted significantly because of the supply disruptions in Apple's core revenue driver.Big Tech's reporting relative to large non-Tech companies is somewhat more opaque, likely to deceive competitors on crucial profit centers, but this also makes it hard for analysts to understand the scale of adverse developments, which is only exacerbated by recency bias. This is not to imply any wrongdoing by the company or Big Tech in general. But, given that the size of their segments is larger than most companies and that Apple and its peers tend to lump a lot of business lines into fewer segments than non-tech peers, it can be challenging to know where potential risks can emerge after three bumper years in a row.For example, the Economist reported that the five largest Technology firms have thirty-two reporting segments compared to fifty-six reporting segments for the largest five non-Tech firms. When you have the best of the best aiding in preparing your 10-Ks, there's some perfectly legal wiggle room in how to present yourself best. You can bet that Big Tech is putting on its best face and not advertising its competitive edge, but this can also produce unwelcome surprises.However, other emerging risks across the business make me think that the upcoming report could be even worse than the revised downward momentum in estimates revisions suggest. This is because the emerging constellation of risks goes far beyond the problems in Zhengzhou (iPhone city).The first problem is also the most obvious one. You see that spike in iPhone sales, well the one coming next quarter will be severely diminished by the production issues I've already thoroughly discussed. What is less considered, though, is the recent reports that Apple is starting to experience reduced demand across several product lines. It is also estimated that up to 10% of Apple's revenue could be threatened by looming antitrust efforts. One potential shock to investors would be if the multi-billion dollar payment Google pays for the exclusive search were to come under scrutiny. There are many moving parts and potential for unpleasant surprises in 2023.Slowing Demand, Rising Costs, and Tough Comps: The production problems are well-known, and fears around this issue are probably the primary reason the stock recently hit a 52-week low. Still, rising concerns about demand for Apple products amid a general global electronics slowdown have cropped up recently. One Apple supplier recently told the media that the company has been asking its suppliers to produce fewer critical components because of weak demand\"across almost all products.\" The bumper demand for Macs and iPads that helped the company achieve record earnings in the wake of COVID is likely to reverse significantly.Seeking AlphaAlso, despite being overshadowed by the problems at Zhengzhou and COVID protests, Apple has already cut production targets because of diminishing consumer demand. Remember that Apple is a global company and significant portions of sales come from Europe and China, both experiencing significant and potentially prolonged economic weakness. The economic weakness may be finally making its way to the high-end consumers that Apple largely depends on, and if a \"richcession\" occurs, the firm's sales could suffer in an outsized way. It's not just the products themselves; Apple services revenues depend on a high-spending customer in gaming, for instance. In this subsection of services, 1% of customers (presumably affluent) account for two-thirds of revenue.The other thing is that the foregone iPhone demand from production issues won't necessarily be recovered as in the past. Some expect Apple to revise estimates for the March quarter, but if we're in the teeth of an economic slowdown, these upward projections might be too optimistic. Some analysts see the demand as increasingly perishable. If this is the case, then estimates for Apple's earnings are still far too high. Price targets have decreased significantly, which may reach a crescendo after the following report.Seeking AlphaChinese demand for iPhones is challenging as the country endures a wrenching COVID outbreak after the nation's leadership ended years of draconian anti-virus measures. The numbers of infected are in closing in on a billion cases. Significantly, the Chinese population may have diminished capacity for purchasing in the wake of such a ubiquitous scourge. Much of China's population tends to save a high proportion of their income in savings, which may have been exhausted from medical expenses. A hefty proportion of the population has no proper health insurance. CFO Luca Maestri also predicted Mac sales would drop substantially this quarter.Problems With Services Segment: Wall Street Analysts have long been wary of Apple's overconcentration in iPhones for revenue. The company's answer was to create a diversified model that would become increasingly dependent on subscription revenue for Apple Services, including the App Store, Apple TV+, Apple Music, and cloud services.Macrumor.comThe story of the Services growth has mainly been positive, but the massive influx of new activity seen around stay-at-home restrictions from COVID will be hard to maintain or supersede. Apple's Services growth has been decelerating. In Apple's earnings report two quarters ago, Services grew at the slowest pace since 2015.There doesn't seem to be any help on the way, and I suspect continued muted growth rates in the Services segment. Without the high growth in the non-hardware segment, Apple's multiple will likely come under additional pressure. Rising costs for diminishing returns in areas like Apple's streaming segment, which are necessary to compete, are not a good sign for those hoping to maintain similar levels of growth and profitability in the future.TrefisThe growth assumptions for the Services components appear very precarious at this time. While Apple streaming has been a great success, it will require increasing investments with diminishing returns to stay competitive. App store revenue, licensing revenue, and third-party subscriptions could all experience obstacles to realizing expected growth.This is crucial because part of the reason Apple had begun to have its multiple expand was that it was seen as delivering on the high-stakes effort to have services be the growth engine. Of course, the high-margin services segment also is essential for profitability to continue at levels investors have become expected. The firm is also facing antitrust issues in Europe, and an antitrust proceeding from the DOJ is rumored to be in the works.Seeking AlphaRemember that the inability to meet iPhone demand because of production problems could also be problematic for bringing new users into the Apple services ecosystem. Apple Services is also leaving a key executive who has shepherded its robust growth over the last years, Peter Stern. This has led to a personnel reshuffling and uncertainty over succession in the vital segment as he was the ordained heir. Succession for critical roles is particularly delicate at Apple, which I believe is an underappreciated headwind to the vital division. Without dazzling investors with Services growth, the P/E seems more likely to be in the range from 2012-2019 than the range seen in the last three years.Other Issues Are EmergingOne of the hidden secrets behind Silicon Valley's awe-inspiring success is that at the heart of the fantastic technology and shiny things the bloc produces is a vicious battle for the talent that makes it happen. Unfortunately, there's been mounting issues at Apple in this area which should be very disturbing for shareholders. According to Glassdoor, Apple is no longer one of the top places to work for the first time in over a decade. Issues are emerging in some important new initiatives. The company has touted efforts to bring chip design in-house to the benefit of consumers. However, any benefit of this is likely to be erased by the increased costs of hurriedly exiting China for other locales that won't be able to deliver a fraction of the subsidization that China does. But even more than this, Apple's internal chip efforts have been beset by personnel problems and a significant engineering error that resulted in an inferior iPhone iteration.One of Apple's key suppliers, TSMC, also reported earnings that suggest a global slowdown in demand for advanced electronics. This and other information suggest that Apple faces more headwinds than many are willing to admit. However, an even bigger problem is that there are growing morale problems amongst Apple's core employees that are emblematic of a growing malaise. Granted, it's a growing malaise from one of human history's most significant commercial achievements. Peak Apple may come back eventually, but it's likely gone for now. Consistently attracting the highest quality personnel in their field is essential to everything Apple does.Risks to My Bearish ThesisApple is a fantastic company with a competent management team. But seemingly, the risk is to the downside as we approach Cupertino's most crucial report of the year. In my estimation, the supply problems in China and the associated effort to diversify it are a secular risk that will pressure Apple's margins for the foreseeable future. However, I am surprised the company has already got factories back to 90% capacity. So, if the Chinese production issues are less acute and sticky than I thought, then Apple is in a considerably better position than my analysis would suggest.TD AmeritradeEconomic data has been coming suggesting that we may get a mild recession or that the Fed may be able to pivot to an accommodative posture sooner than you would think, taking them at face value. If we get a bullish development there and the Fed begins cutting around mid-2023, then Apple will likely be able to rally because of the pressure being taken off valuations for the whole market.There is also a chance that murmurings of weakness in the services segment are overblown. Apple sold many products and brought many people into the ecosystem over the past years. The firm has also been making the ecosystem a better value for consumers, which could prove particularly successful, leading to better performance in the services segment I currently expect. Apple has a lot of resources as the world's largest company and still has a lot of gravitas to pull strings when needed. However, I am still firmly convinced the risk is to the downside for the earnings report coming in early February.Because of these risks, it is my recommendation not to short-sell Apple. One of the benefits of owning a stock like Apple is the deep and liquid derivatives markets. I believe long put options or covered calls are the best way to play my recommendation for those who don't want to sell their position or expose themselves to the potentially limitless loss that can occur with a short sale.ConclusionI realize that my bearish call on Apple is quite a contrarian one. I also realize it is a very loved company, and I am not trying to diminish the accomplishments of current management teams or past ones. However, Apple's earnings growth this year will be subdued by tough comps and is subject to more uncertainty than at any time in the recent past. No new products are coming that aren't in a market with high barriers to entry. For example, if Apple succeeds with its AR headset, it would be a first in the valley. Cars are a tricky business as well.This was the case before the acute problems in China and rising concerns about demand across different Apple products. I suspect that the levels of uncertainty will make forecasting more complex than it's been for years, raising the prospect of an ugly earnings miss on Apple's next quarterly call.Apple is a large company that would be exposed to a global recession. But the signs of problems in the touted chip segment, decelerating growth in the services segment, and reports of growing employee dissatisfaction make me think that this quarter could see some anomalously bad performance from Cupertino.China was central to the formula shareholders loved. According to my analysis, the consensus is missing the scale of the costs and risks associated with an accelerated diversification of Apple's manufacturing capacity. Growing headwinds on the demand side and in the cherished services segment add to my concern. I remain bearish on Apple in the short and medium term and consider it a strong sell. To reiterate, I suggest using long-put options or covered calls rather than exposing yourself to the considerable risk of short-selling. I think March expirations are advantageous here as I suspect there could be some price weakness between the early February earnings and Apple's coming investor day in March.This article is written by Christopher Robb for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953793100,"gmtCreate":1673321304001,"gmtModify":1676538817858,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953793100","repostId":"1182576862","repostType":4,"repost":{"id":"1182576862","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1673306828,"share":"https://ttm.financial/m/news/1182576862?lang=&edition=fundamental","pubTime":"2023-01-10 07:27","market":"us","language":"en","title":"These Stocks Are Moving the Most Monday: Tesla, Zillow, Regeneron, Macy’s, and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1182576862","media":"Dow Jones","summary":"Stocks were mixed Monday at market close, losing some of the momentum from a rally last Friday to st","content":"<html><head></head><body><p>Stocks were mixed Monday at market close, losing some of the momentum from a rally last Friday to start a new week of trading.</p><p>These stocks made moves Monday:</p><p>Tesla (ticker:TSLA) stock continued its rally Monday, up 5.9%, despite continuing concerns with falling car demand and prices in the industry. 22V Research senior managing director and head of technical stock trading strategy, John Roque, told <i>Barron’s</i> that this rally could be an oversold bounce, meaning investors might believe that the stock could have fallen too quickly.</p><p>Bed Bath & Beyond (BBBY) hasn't filed for bankruptcy (yet), which looks to be keeping hopes alive among the few remaining bulls on the stock. Shares of the near-death retailer once shot up as much as 42% to $1.87 on Monday before giving back some of its gains to be up about 23.66% as of closing.</p><p>CinCor Pharma surged 144% to $28.74 after agreeing to be acquired by AstraZeneca (AZN) in a deal valued at about $1.8 billion. The offer price of $26 a share represents a 121% premium to CinCor’s closing price on Friday.</p><p>Albireo Pharma (ALBO) soared 92.2% to $43.85 after the rare disease company reached an agreement to be bought by French biopharmaceutical company Ipsen for $42 a share cash plus a contingent value right of $10 a share.</p><p>Duck Creek Technologies (DCT) agreed to be acquired by Vista Equity Partners for $19 a share in cash or $2.6 billion. The stock jumped 46.5% to $19.03.</p><p>Exact Sciences (EXAS) surged 24.7% after the cancer screening company announced preliminary fourth quarter financial results that were ahead of Wall Street expectations.</p><p>Paya Holdings (PAYA) soared 24.4% after Canadian fintech company Nuvei (NVEI) agreed to buy the payments company in an all-cash transaction for $9.75 a share, or about $1.3 billion. Nuvei shares were up 3.3%.</p><p>Crypto-related stocks climbedas the price of Bitcoin advanced to more than $17,000. Riot Platforms (RIOT) jumped 14.3%, Marathon Digital Holdings (MARA) climbed 19.8%, Coinbase Global (COIN) rose 15.1% and MicroStrategy (MSTR) was up 9.1%.</p><p>Lululemon Athletica (LULU) shares fell 9.3% after the athleisure-apparel retailer lowered its margin guidance for its fiscal fourth quarter.</p><p>Zillow (Z) rose 8% after shares of the online housing company were upgraded to Buy from Underperform at BofA.</p><p>Macy’s (M) dropped 7.7% Monday after the department store said fourth-quarter sales would come in at the low to middle end of its previously issued range from $8.16 billion to $8.4 billion, and warned that consumers will be pressured in 2023.</p><p>Regeneron Pharmaceuticals (REGN) dropped 7.7% after the medicine maker reported sales of its Eylea vaccine that were below what Wall Street was anticipating for the fourth quarter.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Stocks Are Moving the Most Monday: Tesla, Zillow, Regeneron, Macy’s, and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Stocks Are Moving the Most Monday: Tesla, Zillow, Regeneron, Macy’s, and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2023-01-10 07:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks were mixed Monday at market close, losing some of the momentum from a rally last Friday to start a new week of trading.</p><p>These stocks made moves Monday:</p><p>Tesla (ticker:TSLA) stock continued its rally Monday, up 5.9%, despite continuing concerns with falling car demand and prices in the industry. 22V Research senior managing director and head of technical stock trading strategy, John Roque, told <i>Barron’s</i> that this rally could be an oversold bounce, meaning investors might believe that the stock could have fallen too quickly.</p><p>Bed Bath & Beyond (BBBY) hasn't filed for bankruptcy (yet), which looks to be keeping hopes alive among the few remaining bulls on the stock. Shares of the near-death retailer once shot up as much as 42% to $1.87 on Monday before giving back some of its gains to be up about 23.66% as of closing.</p><p>CinCor Pharma surged 144% to $28.74 after agreeing to be acquired by AstraZeneca (AZN) in a deal valued at about $1.8 billion. The offer price of $26 a share represents a 121% premium to CinCor’s closing price on Friday.</p><p>Albireo Pharma (ALBO) soared 92.2% to $43.85 after the rare disease company reached an agreement to be bought by French biopharmaceutical company Ipsen for $42 a share cash plus a contingent value right of $10 a share.</p><p>Duck Creek Technologies (DCT) agreed to be acquired by Vista Equity Partners for $19 a share in cash or $2.6 billion. The stock jumped 46.5% to $19.03.</p><p>Exact Sciences (EXAS) surged 24.7% after the cancer screening company announced preliminary fourth quarter financial results that were ahead of Wall Street expectations.</p><p>Paya Holdings (PAYA) soared 24.4% after Canadian fintech company Nuvei (NVEI) agreed to buy the payments company in an all-cash transaction for $9.75 a share, or about $1.3 billion. Nuvei shares were up 3.3%.</p><p>Crypto-related stocks climbedas the price of Bitcoin advanced to more than $17,000. Riot Platforms (RIOT) jumped 14.3%, Marathon Digital Holdings (MARA) climbed 19.8%, Coinbase Global (COIN) rose 15.1% and MicroStrategy (MSTR) was up 9.1%.</p><p>Lululemon Athletica (LULU) shares fell 9.3% after the athleisure-apparel retailer lowered its margin guidance for its fiscal fourth quarter.</p><p>Zillow (Z) rose 8% after shares of the online housing company were upgraded to Buy from Underperform at BofA.</p><p>Macy’s (M) dropped 7.7% Monday after the department store said fourth-quarter sales would come in at the low to middle end of its previously issued range from $8.16 billion to $8.4 billion, and warned that consumers will be pressured in 2023.</p><p>Regeneron Pharmaceuticals (REGN) dropped 7.7% after the medicine maker reported sales of its Eylea vaccine that were below what Wall Street was anticipating for the fourth quarter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ALBO":"Albireo Pharma, Inc.","AZN":"阿斯利康","MARA":"Marathon Digital Holdings Inc","PAYA":"Paya Holdings Inc.","COIN":"Coinbase Global, Inc.","RIOT":"Riot Platforms","REGN":"再生元制药公司","Z":"Zillow","BBBY":"3B家居","M":"梅西百货","CINC":"CinCor Pharma, Inc.","EXAS":"精密科学","NVEI":"Nuvei Corp","MSTR":"MicroStrategy","LULU":"lululemon athletica"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182576862","content_text":"Stocks were mixed Monday at market close, losing some of the momentum from a rally last Friday to start a new week of trading.These stocks made moves Monday:Tesla (ticker:TSLA) stock continued its rally Monday, up 5.9%, despite continuing concerns with falling car demand and prices in the industry. 22V Research senior managing director and head of technical stock trading strategy, John Roque, told Barron’s that this rally could be an oversold bounce, meaning investors might believe that the stock could have fallen too quickly.Bed Bath & Beyond (BBBY) hasn't filed for bankruptcy (yet), which looks to be keeping hopes alive among the few remaining bulls on the stock. Shares of the near-death retailer once shot up as much as 42% to $1.87 on Monday before giving back some of its gains to be up about 23.66% as of closing.CinCor Pharma surged 144% to $28.74 after agreeing to be acquired by AstraZeneca (AZN) in a deal valued at about $1.8 billion. The offer price of $26 a share represents a 121% premium to CinCor’s closing price on Friday.Albireo Pharma (ALBO) soared 92.2% to $43.85 after the rare disease company reached an agreement to be bought by French biopharmaceutical company Ipsen for $42 a share cash plus a contingent value right of $10 a share.Duck Creek Technologies (DCT) agreed to be acquired by Vista Equity Partners for $19 a share in cash or $2.6 billion. The stock jumped 46.5% to $19.03.Exact Sciences (EXAS) surged 24.7% after the cancer screening company announced preliminary fourth quarter financial results that were ahead of Wall Street expectations.Paya Holdings (PAYA) soared 24.4% after Canadian fintech company Nuvei (NVEI) agreed to buy the payments company in an all-cash transaction for $9.75 a share, or about $1.3 billion. Nuvei shares were up 3.3%.Crypto-related stocks climbedas the price of Bitcoin advanced to more than $17,000. Riot Platforms (RIOT) jumped 14.3%, Marathon Digital Holdings (MARA) climbed 19.8%, Coinbase Global (COIN) rose 15.1% and MicroStrategy (MSTR) was up 9.1%.Lululemon Athletica (LULU) shares fell 9.3% after the athleisure-apparel retailer lowered its margin guidance for its fiscal fourth quarter.Zillow (Z) rose 8% after shares of the online housing company were upgraded to Buy from Underperform at BofA.Macy’s (M) dropped 7.7% Monday after the department store said fourth-quarter sales would come in at the low to middle end of its previously issued range from $8.16 billion to $8.4 billion, and warned that consumers will be pressured in 2023.Regeneron Pharmaceuticals (REGN) dropped 7.7% after the medicine maker reported sales of its Eylea vaccine that were below what Wall Street was anticipating for the fourth quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959476687,"gmtCreate":1673059058650,"gmtModify":1676538782020,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959476687","repostId":"2301724633","repostType":4,"repost":{"id":"2301724633","kind":"news","pubTimestamp":1673050754,"share":"https://ttm.financial/m/news/2301724633?lang=&edition=fundamental","pubTime":"2023-01-07 08:19","market":"us","language":"en","title":"Apple Stock: Buy Below $100?","url":"https://stock-news.laohu8.com/highlight/detail?id=2301724633","media":"Seeking Alpha","summary":"SummaryApple's market cap dipped below $2tn in trading for the first time since early 2021. We conti","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple's market cap dipped below $2tn in trading for the first time since early 2021. We continue to be hold-rated on Apple.</li><li>We expect Apple stock will drop to $100 as the company cleans up the mess of production disruptions in China.</li><li>We believe it's time to bring up the discussion of Apple diversifying its production away from China; we expect to see Apple shift away from a China-centered production toward 2024.</li><li>Despite China's reopening efforts, we expect Apple to still be pressured in the near term by risks of increased COVID cases causing worker shortages.</li><li>Hence, we recommend investors wait for a better entry point on Apple stock.</li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/478be11c7cf08bafb87068aae2a76fa8\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>Scott Olson/Getty Images News</span></p><p>We see our expectations of Apple (NASDAQ:AAPL) stock materialize and hence maintain our hold rating. Apple was the first public tech company valued at $3tn, and on Tuesday fell below $2tn in trading for the first time since 2021. Weexpect Apple to continue facing churn as it deals with the aftermath of supply chain issues in China. In late November, management warned of significant disruption just before the holiday season, forecasting subdued sales growth around Christmas, amounting to 8%. Despite China's efforts to rapidly move away from lockdown restrictions, our biggest concern for Apple is still the geographic concentration of iPhone production in China and a potential shortage of workers due to China lifting COVID regulations. We believe Apple will experience a bumpy first half of 2023. We recommend investors avoid buying the dip just yet as we forecast more downside ahead.</p><p>We expect Apple stock to fall below $100 per share. The stock has already dropped nearly 18% since we first published our hold rating in mid-September. The following graph outlines our rating history on Apple over the past year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3a94dc450cdc6fe299b0a963005e9ee\" tg-width=\"640\" tg-height=\"187\" width=\"100%\" height=\"auto\"/><span>SeekingAlpha</span></p><p><b>Time to discuss diversifying production: Exiting China</b></p><p>Despite China's efforts to move away from lockdown restrictions, we still don't believe Apple is out of the woods. Apple is working on resorting production after the Foxconn factory went through a series of turmoil from COVID restrictions to worker protests. Apple heavily relies on Chinese Foxconn for 90% of planned production capacity, and we believe Apple's geographic concentration of production has caught up to it over the past several months. The wait time for Apple's latest iPhone models, 14 Pro and 14 Pro Max, in the U.S. reached up to 34 days before Christmas. We expect the slowed-down production to reflect negatively on Apple's earnings in 1Q23. Wedbush Securities analyst Daniel Ives estimates the production disruptions to have cost Apple roughly $1bn a week in November from losses in iPhone sales.</p><p>Despite Foxconn now shipping at 90% of peak capacity, we don't believe Apple will easily compensate for the losses created near the end of 2022. We expect the downside of production issues in China to cause the stock to drop below $100 per share. Our bearish sentiment on Apple in the first half of 2023 is based on the belief that the consequences of production disruptions are still pressuring the company. Additionally, we believe China's reopening creates a new risk for Apple's factories: potential worker shortages in factories across the country. Bindiya Vakil, Chief executive of a California-based group that tracks supply-chain services, reported expecting "a lot of operations get impacted by absenteeism, not just at factories, but a warehouse, distribution, logistics and transportation facilities as well." We expect the next couple of months will be defining for Apple to be able to restore production smoothly and make up for the shortcomings of 2022.</p><p><b>Plans to move more production to India</b></p><p>Apple announced plans tomove more productionand assembly processes to India in 2024. Foxconn announced it would invest $500 mn in an Indian subsidiary to help boost operational capacity. Apple already produces iPhone models in India since 2017; we expect production outside of China to increase as Apple and other global firms adopt a "plus-one strategy" to de-risk themselves from overly relying on China for production.</p><p>Apple is expected to move around 5% of the production of its latest iPhone 14 to India, the second-largest smartphone market after China. Additionally, the company is expected by JP Morgan analysts to move a quarter of all Apple products' production to India by 2025. We're constructive on Apple's efforts to diversify production but believe these plans are too late to save Apple from the impact of production issues that occurred late last year.</p><p><b>Valuation</b></p><p>Apple stock is not cheap, trading at 18.5x C2024 EPS $6.83 on a P/E basis compared to the peer group average of 16.8x. On an EV/Sales metric, the stock is trading at 4.8x versus the peer group average of 4.0x. We believe Apple is overvalued for the near-term risks present and recommend investors wait for a better entry point on the stock.</p><p>The following table outlines Apple's valuation compared to the peer group.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/710a8d9d5e73027c6b117b567a7866da\" tg-width=\"640\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>TechStockPros</span></p><p><b>Word on Wall Street</b></p><p>Wall Street is bullish on Apple. Of the 41 analysts covering the stock, 33 are buy-rated, seven are hold-rated, and the remaining are sell-rated. We believe most Wall Street analysts maintain a buy-rating on the stock due to the belief that Apple will be able to weather supply chain issues resulting from China's supply-chain disruptions. The stock is currently trading at $126. The median and mean sell-side price targets are $175, with a potential upside of 39%.</p><p>The following table outlines Apple's sell-side rating and price targets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c363a45422366e463159055274ebe76\" tg-width=\"560\" tg-height=\"273\" width=\"100%\" height=\"auto\"/><span>TechStockPros</span></p><p><b>What to do with the stock</b></p><p>We believe Apple is weighed down by the aftermath of production issues in China alongside weaker-than-expected consumer demand in its strongest market hold in the U.S. We expect the stock to continue to drop further by nearly 21% to trading at $100 per share. Hence, we don't expect the company to grow meaningfully in the near term. We're constructive on Apple in the longer term as it plans to outsource more production to India toward 2024. Nevertheless, we expect Apple's 1Q23 earnings scheduled for early February to reflect the negatives of the holiday season and pull the stock down further. We recommend investors wait on the sideline for the downside to being factored in.</p><p>This article is written by Tech Stock Pros for reference only. Please note the risks.</p></body></html>","source":"seekingalpha_fund","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 Stock: Buy Below $100?</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 Stock: Buy Below $100?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-07 08:19 GMT+8 <a href=https://seekingalpha.com/article/4568211-aapl-stock-investors-wait-better-entry-point-hold><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple's market cap dipped below $2tn in trading for the first time since early 2021. We continue to be hold-rated on Apple.We expect Apple stock will drop to $100 as the company cleans up the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4568211-aapl-stock-investors-wait-better-entry-point-hold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","AAPL":"苹果","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4553":"喜马拉雅资本持仓","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","BK4571":"数字音乐概念","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0056508442.USD":"贝莱德世界科技基金A2","BK4576":"AR","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4566":"资本集团","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4575":"芯片概念","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4512":"苹果概念","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","BK4559":"巴菲特持仓","BK4501":"段永平概念","BK4550":"红杉资本持仓","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4505":"高瓴资本持仓","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0444971666.USD":"天利全球科技基金","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4568211-aapl-stock-investors-wait-better-entry-point-hold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301724633","content_text":"SummaryApple's market cap dipped below $2tn in trading for the first time since early 2021. We continue to be hold-rated on Apple.We expect Apple stock will drop to $100 as the company cleans up the mess of production disruptions in China.We believe it's time to bring up the discussion of Apple diversifying its production away from China; we expect to see Apple shift away from a China-centered production toward 2024.Despite China's reopening efforts, we expect Apple to still be pressured in the near term by risks of increased COVID cases causing worker shortages.Hence, we recommend investors wait for a better entry point on Apple stock.Scott Olson/Getty Images NewsWe see our expectations of Apple (NASDAQ:AAPL) stock materialize and hence maintain our hold rating. Apple was the first public tech company valued at $3tn, and on Tuesday fell below $2tn in trading for the first time since 2021. Weexpect Apple to continue facing churn as it deals with the aftermath of supply chain issues in China. In late November, management warned of significant disruption just before the holiday season, forecasting subdued sales growth around Christmas, amounting to 8%. Despite China's efforts to rapidly move away from lockdown restrictions, our biggest concern for Apple is still the geographic concentration of iPhone production in China and a potential shortage of workers due to China lifting COVID regulations. We believe Apple will experience a bumpy first half of 2023. We recommend investors avoid buying the dip just yet as we forecast more downside ahead.We expect Apple stock to fall below $100 per share. The stock has already dropped nearly 18% since we first published our hold rating in mid-September. The following graph outlines our rating history on Apple over the past year.SeekingAlphaTime to discuss diversifying production: Exiting ChinaDespite China's efforts to move away from lockdown restrictions, we still don't believe Apple is out of the woods. Apple is working on resorting production after the Foxconn factory went through a series of turmoil from COVID restrictions to worker protests. Apple heavily relies on Chinese Foxconn for 90% of planned production capacity, and we believe Apple's geographic concentration of production has caught up to it over the past several months. The wait time for Apple's latest iPhone models, 14 Pro and 14 Pro Max, in the U.S. reached up to 34 days before Christmas. We expect the slowed-down production to reflect negatively on Apple's earnings in 1Q23. Wedbush Securities analyst Daniel Ives estimates the production disruptions to have cost Apple roughly $1bn a week in November from losses in iPhone sales.Despite Foxconn now shipping at 90% of peak capacity, we don't believe Apple will easily compensate for the losses created near the end of 2022. We expect the downside of production issues in China to cause the stock to drop below $100 per share. Our bearish sentiment on Apple in the first half of 2023 is based on the belief that the consequences of production disruptions are still pressuring the company. Additionally, we believe China's reopening creates a new risk for Apple's factories: potential worker shortages in factories across the country. Bindiya Vakil, Chief executive of a California-based group that tracks supply-chain services, reported expecting \"a lot of operations get impacted by absenteeism, not just at factories, but a warehouse, distribution, logistics and transportation facilities as well.\" We expect the next couple of months will be defining for Apple to be able to restore production smoothly and make up for the shortcomings of 2022.Plans to move more production to IndiaApple announced plans tomove more productionand assembly processes to India in 2024. Foxconn announced it would invest $500 mn in an Indian subsidiary to help boost operational capacity. Apple already produces iPhone models in India since 2017; we expect production outside of China to increase as Apple and other global firms adopt a \"plus-one strategy\" to de-risk themselves from overly relying on China for production.Apple is expected to move around 5% of the production of its latest iPhone 14 to India, the second-largest smartphone market after China. Additionally, the company is expected by JP Morgan analysts to move a quarter of all Apple products' production to India by 2025. We're constructive on Apple's efforts to diversify production but believe these plans are too late to save Apple from the impact of production issues that occurred late last year.ValuationApple stock is not cheap, trading at 18.5x C2024 EPS $6.83 on a P/E basis compared to the peer group average of 16.8x. On an EV/Sales metric, the stock is trading at 4.8x versus the peer group average of 4.0x. We believe Apple is overvalued for the near-term risks present and recommend investors wait for a better entry point on the stock.The following table outlines Apple's valuation compared to the peer group.TechStockProsWord on Wall StreetWall Street is bullish on Apple. Of the 41 analysts covering the stock, 33 are buy-rated, seven are hold-rated, and the remaining are sell-rated. We believe most Wall Street analysts maintain a buy-rating on the stock due to the belief that Apple will be able to weather supply chain issues resulting from China's supply-chain disruptions. The stock is currently trading at $126. The median and mean sell-side price targets are $175, with a potential upside of 39%.The following table outlines Apple's sell-side rating and price targets.TechStockProsWhat to do with the stockWe believe Apple is weighed down by the aftermath of production issues in China alongside weaker-than-expected consumer demand in its strongest market hold in the U.S. We expect the stock to continue to drop further by nearly 21% to trading at $100 per share. Hence, we don't expect the company to grow meaningfully in the near term. We're constructive on Apple in the longer term as it plans to outsource more production to India toward 2024. Nevertheless, we expect Apple's 1Q23 earnings scheduled for early February to reflect the negatives of the holiday season and pull the stock down further. We recommend investors wait on the sideline for the downside to being factored in.This article is written by Tech Stock Pros for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959205268,"gmtCreate":1672984662355,"gmtModify":1676538766560,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959205268","repostId":"1135759994","repostType":4,"repost":{"id":"1135759994","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1672982170,"share":"https://ttm.financial/m/news/1135759994?lang=&edition=fundamental","pubTime":"2023-01-06 13:16","market":"us","language":"en","title":"Strong U.S. Jobs, Wages Growth Expected in December","url":"https://stock-news.laohu8.com/highlight/detail?id=1135759994","media":"Reuters","summary":"SummaryNonfarm payrolls forecast increasing 200,000 in DecemberUnemployment rate seen unchanged at 3","content":"<html><head></head><body><h3>Summary</h3><ul><li>Nonfarm payrolls forecast increasing 200,000 in December</li><li>Unemployment rate seen unchanged at 3.7%</li><li>Average hourly earnings forecast gaining 0.4%; up 5.0% y/y</li></ul><p>(Reuters) - The U.S. economy likely maintained a solid pace of job and wage growth in December, but rising borrowing costs as the Federal Reserve fights inflation could slow labor market momentum significantly by mid-year.</p><p>The Labor Department's closely watched employment report on Friday is also expected to show the unemployment rate unchanged at 3.7% last month. The labor market has remained strong since the Fed embarked last March on its fastest interest rate-hiking since the 1980s.</p><p>Rate-sensitive industries like housing and finance, as well as technology companies, including Twitter, <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> and Facebook parent <a href=\"https://laohu8.com/S/META\">Meta</a> have slashed jobs, yet airlines, hotels, restaurants and bars are desperate for workers as the leisure and hospitality industries continue to recover from the pandemic.</p><p>Labor market resilience has underpinned the economy by sustaining consumer spending, but could prompt the Fed to lift its target interest rate above the 5.1% peak the U.S. central bank projected last month and keep it there for a while.</p><p>"All indications are that the labor market remains strong," said Sung Won Sohn, a finance and economics professor at</p><p>Loyola Marymount University in Los Angeles. "Leisure and hospitality employers are not able to get anybody even after wages have been going up. That pattern has and will continue for a while, so that's where the rubber hits the road."</p><p>The survey of business establishments is likely to show that nonfarm payrolls increased by 200,000 jobs last month after rising 263,000 in November, according to a Reuters poll of economists. That would be the smallest gain in two years.</p><p>However, job growth would far exceed the pace needed to keep up with growth in the working-age population, comfortably in the 150,000-300,000 range that economists associate with tight labor markets.</p><p>Estimates ranged from as low as 130,000 to as high as the 350,000 predicted by TD Securities.</p><p>Data from payroll scheduling and tracking company Homebase showed employers held on to workers in December, which suggested a smaller-than-normal drop in not seasonally adjusted (NSA) terms.</p><h3>SEASONAL BOOST</h3><p>"This means that the seasonal factor, which should be adjusting over a plus 200,000 NSA decline, would be adding over a stronger than expected figure," said TD Securities macro strategist Oscar Munoz. "The seasonal adjustment has added around 430,000 jobs, on average, over the last five Decembers."</p><p>An ongoing strike by 36,000 teachers in California is seen depressing government payrolls. The government will revise the seasonally adjusted data for the household survey, from which the unemployment rate is derived, for the last five years.</p><p>Household employment decreased in October and November, leading some economists to speculate that overall job growth was overstated. Some Fed officials have also latched on to the divergence between the two measures.</p><p>Yet the household survey tends to be volatile and most economists expect household employment would be revised toward nonfarm payrolls.</p><p>"Whenever trends in household employment have diverged from payroll employment, corrections have tended to come through household employment correcting towards now-stronger payrolls," said Veronica Clark, an economist at Citigroup in New York. "We would not be surprised to see an even larger rebound in household employment in December or over the coming months."</p><p>Little impact is seen on the unemployment rate from the revision to the household data. Average hourly earnings are expected to have risen by 0.4% after surging 0.6% in November. That would lower the year-on-year increase in wages to 5.0% from 5.1% in November.</p><p>Strong wage growth is likely to persist in January as several states raise their minimum wage and most workers across the country get cost of living adjustments. There were 10.458 million job openings at the end of November, which translated to 1.74 jobs for every unemployed person.</p><p>But the trend in employment growth could slow significantly by mid-year. The Fed last year raised its policy rate by 425 basis points from near zero to a 4.25%-4.50% range, the highest since late 2007. Last month, it projected at least an additional 75 basis points of hikes in borrowing costs by the end of 2023.</p><p>Confidence among chief executive officers is at its lowest level since the Great Recession, according to a recent survey from the Conference Board.</p><p>"If they think demand is weakening and revenues are going to slow, they're probably going to feel pressure to cut costs to maintain profitability," said James Knightley, chief international economist at ING in New York. "That does suggest that the pace of employment growth is likely to slow quite quickly through this year, and we could in fact, start to see some job losses in the middle of the year."</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Strong U.S. Jobs, Wages Growth Expected in December</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\">\nStrong U.S. Jobs, Wages Growth Expected in December\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\">2023-01-06 13:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h3>Summary</h3><ul><li>Nonfarm payrolls forecast increasing 200,000 in December</li><li>Unemployment rate seen unchanged at 3.7%</li><li>Average hourly earnings forecast gaining 0.4%; up 5.0% y/y</li></ul><p>(Reuters) - The U.S. economy likely maintained a solid pace of job and wage growth in December, but rising borrowing costs as the Federal Reserve fights inflation could slow labor market momentum significantly by mid-year.</p><p>The Labor Department's closely watched employment report on Friday is also expected to show the unemployment rate unchanged at 3.7% last month. The labor market has remained strong since the Fed embarked last March on its fastest interest rate-hiking since the 1980s.</p><p>Rate-sensitive industries like housing and finance, as well as technology companies, including Twitter, <a href=\"https://laohu8.com/S/AMZN\">Amazon</a> and Facebook parent <a href=\"https://laohu8.com/S/META\">Meta</a> have slashed jobs, yet airlines, hotels, restaurants and bars are desperate for workers as the leisure and hospitality industries continue to recover from the pandemic.</p><p>Labor market resilience has underpinned the economy by sustaining consumer spending, but could prompt the Fed to lift its target interest rate above the 5.1% peak the U.S. central bank projected last month and keep it there for a while.</p><p>"All indications are that the labor market remains strong," said Sung Won Sohn, a finance and economics professor at</p><p>Loyola Marymount University in Los Angeles. "Leisure and hospitality employers are not able to get anybody even after wages have been going up. That pattern has and will continue for a while, so that's where the rubber hits the road."</p><p>The survey of business establishments is likely to show that nonfarm payrolls increased by 200,000 jobs last month after rising 263,000 in November, according to a Reuters poll of economists. That would be the smallest gain in two years.</p><p>However, job growth would far exceed the pace needed to keep up with growth in the working-age population, comfortably in the 150,000-300,000 range that economists associate with tight labor markets.</p><p>Estimates ranged from as low as 130,000 to as high as the 350,000 predicted by TD Securities.</p><p>Data from payroll scheduling and tracking company Homebase showed employers held on to workers in December, which suggested a smaller-than-normal drop in not seasonally adjusted (NSA) terms.</p><h3>SEASONAL BOOST</h3><p>"This means that the seasonal factor, which should be adjusting over a plus 200,000 NSA decline, would be adding over a stronger than expected figure," said TD Securities macro strategist Oscar Munoz. "The seasonal adjustment has added around 430,000 jobs, on average, over the last five Decembers."</p><p>An ongoing strike by 36,000 teachers in California is seen depressing government payrolls. The government will revise the seasonally adjusted data for the household survey, from which the unemployment rate is derived, for the last five years.</p><p>Household employment decreased in October and November, leading some economists to speculate that overall job growth was overstated. Some Fed officials have also latched on to the divergence between the two measures.</p><p>Yet the household survey tends to be volatile and most economists expect household employment would be revised toward nonfarm payrolls.</p><p>"Whenever trends in household employment have diverged from payroll employment, corrections have tended to come through household employment correcting towards now-stronger payrolls," said Veronica Clark, an economist at Citigroup in New York. "We would not be surprised to see an even larger rebound in household employment in December or over the coming months."</p><p>Little impact is seen on the unemployment rate from the revision to the household data. Average hourly earnings are expected to have risen by 0.4% after surging 0.6% in November. That would lower the year-on-year increase in wages to 5.0% from 5.1% in November.</p><p>Strong wage growth is likely to persist in January as several states raise their minimum wage and most workers across the country get cost of living adjustments. There were 10.458 million job openings at the end of November, which translated to 1.74 jobs for every unemployed person.</p><p>But the trend in employment growth could slow significantly by mid-year. The Fed last year raised its policy rate by 425 basis points from near zero to a 4.25%-4.50% range, the highest since late 2007. Last month, it projected at least an additional 75 basis points of hikes in borrowing costs by the end of 2023.</p><p>Confidence among chief executive officers is at its lowest level since the Great Recession, according to a recent survey from the Conference Board.</p><p>"If they think demand is weakening and revenues are going to slow, they're probably going to feel pressure to cut costs to maintain profitability," said James Knightley, chief international economist at ING in New York. "That does suggest that the pace of employment growth is likely to slow quite quickly through this year, and we could in fact, start to see some job losses in the middle of the year."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135759994","content_text":"SummaryNonfarm payrolls forecast increasing 200,000 in DecemberUnemployment rate seen unchanged at 3.7%Average hourly earnings forecast gaining 0.4%; up 5.0% y/y(Reuters) - The U.S. economy likely maintained a solid pace of job and wage growth in December, but rising borrowing costs as the Federal Reserve fights inflation could slow labor market momentum significantly by mid-year.The Labor Department's closely watched employment report on Friday is also expected to show the unemployment rate unchanged at 3.7% last month. The labor market has remained strong since the Fed embarked last March on its fastest interest rate-hiking since the 1980s.Rate-sensitive industries like housing and finance, as well as technology companies, including Twitter, Amazon and Facebook parent Meta have slashed jobs, yet airlines, hotels, restaurants and bars are desperate for workers as the leisure and hospitality industries continue to recover from the pandemic.Labor market resilience has underpinned the economy by sustaining consumer spending, but could prompt the Fed to lift its target interest rate above the 5.1% peak the U.S. central bank projected last month and keep it there for a while.\"All indications are that the labor market remains strong,\" said Sung Won Sohn, a finance and economics professor atLoyola Marymount University in Los Angeles. \"Leisure and hospitality employers are not able to get anybody even after wages have been going up. That pattern has and will continue for a while, so that's where the rubber hits the road.\"The survey of business establishments is likely to show that nonfarm payrolls increased by 200,000 jobs last month after rising 263,000 in November, according to a Reuters poll of economists. That would be the smallest gain in two years.However, job growth would far exceed the pace needed to keep up with growth in the working-age population, comfortably in the 150,000-300,000 range that economists associate with tight labor markets.Estimates ranged from as low as 130,000 to as high as the 350,000 predicted by TD Securities.Data from payroll scheduling and tracking company Homebase showed employers held on to workers in December, which suggested a smaller-than-normal drop in not seasonally adjusted (NSA) terms.SEASONAL BOOST\"This means that the seasonal factor, which should be adjusting over a plus 200,000 NSA decline, would be adding over a stronger than expected figure,\" said TD Securities macro strategist Oscar Munoz. \"The seasonal adjustment has added around 430,000 jobs, on average, over the last five Decembers.\"An ongoing strike by 36,000 teachers in California is seen depressing government payrolls. The government will revise the seasonally adjusted data for the household survey, from which the unemployment rate is derived, for the last five years.Household employment decreased in October and November, leading some economists to speculate that overall job growth was overstated. Some Fed officials have also latched on to the divergence between the two measures.Yet the household survey tends to be volatile and most economists expect household employment would be revised toward nonfarm payrolls.\"Whenever trends in household employment have diverged from payroll employment, corrections have tended to come through household employment correcting towards now-stronger payrolls,\" said Veronica Clark, an economist at Citigroup in New York. \"We would not be surprised to see an even larger rebound in household employment in December or over the coming months.\"Little impact is seen on the unemployment rate from the revision to the household data. Average hourly earnings are expected to have risen by 0.4% after surging 0.6% in November. That would lower the year-on-year increase in wages to 5.0% from 5.1% in November.Strong wage growth is likely to persist in January as several states raise their minimum wage and most workers across the country get cost of living adjustments. There were 10.458 million job openings at the end of November, which translated to 1.74 jobs for every unemployed person.But the trend in employment growth could slow significantly by mid-year. The Fed last year raised its policy rate by 425 basis points from near zero to a 4.25%-4.50% range, the highest since late 2007. Last month, it projected at least an additional 75 basis points of hikes in borrowing costs by the end of 2023.Confidence among chief executive officers is at its lowest level since the Great Recession, according to a recent survey from the Conference Board.\"If they think demand is weakening and revenues are going to slow, they're probably going to feel pressure to cut costs to maintain profitability,\" said James Knightley, chief international economist at ING in New York. \"That does suggest that the pace of employment growth is likely to slow quite quickly through this year, and we could in fact, start to see some job losses in the middle of the year.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959118432,"gmtCreate":1672928537026,"gmtModify":1676538758944,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9959118432","repostId":"1133031502","repostType":4,"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950704269,"gmtCreate":1672828590551,"gmtModify":1676538743608,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9950704269","repostId":"2300434056","repostType":4,"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950704150,"gmtCreate":1672828557070,"gmtModify":1676538743600,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a><v-v data-views=\"1\"></v-v>","text":"$Apple(AAPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950704150","isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950800458,"gmtCreate":1672709762974,"gmtModify":1676538722983,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9950800458","repostId":"1177934568","repostType":4,"repost":{"id":"1177934568","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1672701185,"share":"https://ttm.financial/m/news/1177934568?lang=&edition=fundamental","pubTime":"2023-01-03 07:13","market":"fut","language":"en","title":"2022 Recap: Futures Market Performance","url":"https://stock-news.laohu8.com/highlight/detail?id=1177934568","media":"Tiger Newspress","summary":"Nickel future soared over 44% as global demand for nickel rose on EV boom. Brent gained 11% while U.","content":"<html><head></head><body><p>Nickel future soared over 44% as global demand for nickel rose on EV boom. <a href=\"https://laohu8.com/FUT/BZmain\">Brent</a> gained 11% while <a href=\"https://laohu8.com/FUT/CLmain\">U.S. crude</a> rose nearly 7%. Bitcoin future tumbled 64% amid a rough year for crypto prices.</p><p><img src=\"https://static.tigerbbs.com/c073bd641dd79c00725468ff45e05962\" tg-width=\"750\" tg-height=\"1580\" referrerpolicy=\"no-referrer\"/>The market for nickel is already being transformed as car batteries take over from stainless steel as the major growth market. The world’s biggest miner predicts nine in 10 cars sold by 2040 will be EVs, helping to boost worldwide usage of key battery materials including nickel.</p><p>Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on worries of an economic contraction, but closed the year with a second straight annual gain.</p><p>Prices surged in March as Russia's invasion of Ukraine upended global crude flows, with international benchmark Brent reaching $139.13 a barrel, highest since 2008. Prices cooled rapidly in the second half as central banks hiked interest rates and fanned worries of recession.</p><p>"This has been an extraordinary year for commodity markets, with supply risks leading to increased volatility and elevated prices," said ING analyst Ewa Manthey. "Next year is set to be another year of uncertainty, with plenty of volatility," she said.</p><p>For the year, <a href=\"https://laohu8.com/FUT/BZmain\">Brent</a> gained about 11%. <a href=\"https://laohu8.com/FUT/CLmain\">U.S. crude</a> rose nearly 7% in 2022. Both benchmarks fell sharply in 2020 as the COVID-19 pandemic slashed fuel demand. Investors in 2023 are expected to keep taking a cautious approach, wary of interest rate hikes and possible recessions.</p><p>Natural gas markets ended 2022 with strong gains after a global energy crisis triggered by the Russia-Ukraine war stoked prices, and tighter supplies expected in 2023 could fuel more gains. <a href=\"https://laohu8.com/FUT/NGmain\">U.S. gas futures</a> jumped by 17.8%, up for a third consecutive year.</p><p><a href=\"https://laohu8.com/FUT/ZSmain\">Soybeans</a> and <a href=\"https://laohu8.com/FUT/ZCmain\">corn</a> both ended the year up around 14%, as severe drought in Argentina raised concerns about South America's crop. Going forward, food-commodity prices are likely to stay elevated. Wheat production is unlikely to replenish depleted world inventories, at least in the first half of 2023, while crops producing edible oils are suffering from adverse weather in Latin America and Southeast Asia.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2022 Recap: Futures Market Performance</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\">\n2022 Recap: Futures Market Performance\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\">2023-01-03 07:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nickel future soared over 44% as global demand for nickel rose on EV boom. <a href=\"https://laohu8.com/FUT/BZmain\">Brent</a> gained 11% while <a href=\"https://laohu8.com/FUT/CLmain\">U.S. crude</a> rose nearly 7%. Bitcoin future tumbled 64% amid a rough year for crypto prices.</p><p><img src=\"https://static.tigerbbs.com/c073bd641dd79c00725468ff45e05962\" tg-width=\"750\" tg-height=\"1580\" referrerpolicy=\"no-referrer\"/>The market for nickel is already being transformed as car batteries take over from stainless steel as the major growth market. The world’s biggest miner predicts nine in 10 cars sold by 2040 will be EVs, helping to boost worldwide usage of key battery materials including nickel.</p><p>Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on worries of an economic contraction, but closed the year with a second straight annual gain.</p><p>Prices surged in March as Russia's invasion of Ukraine upended global crude flows, with international benchmark Brent reaching $139.13 a barrel, highest since 2008. Prices cooled rapidly in the second half as central banks hiked interest rates and fanned worries of recession.</p><p>"This has been an extraordinary year for commodity markets, with supply risks leading to increased volatility and elevated prices," said ING analyst Ewa Manthey. "Next year is set to be another year of uncertainty, with plenty of volatility," she said.</p><p>For the year, <a href=\"https://laohu8.com/FUT/BZmain\">Brent</a> gained about 11%. <a href=\"https://laohu8.com/FUT/CLmain\">U.S. crude</a> rose nearly 7% in 2022. Both benchmarks fell sharply in 2020 as the COVID-19 pandemic slashed fuel demand. Investors in 2023 are expected to keep taking a cautious approach, wary of interest rate hikes and possible recessions.</p><p>Natural gas markets ended 2022 with strong gains after a global energy crisis triggered by the Russia-Ukraine war stoked prices, and tighter supplies expected in 2023 could fuel more gains. <a href=\"https://laohu8.com/FUT/NGmain\">U.S. gas futures</a> jumped by 17.8%, up for a third consecutive year.</p><p><a href=\"https://laohu8.com/FUT/ZSmain\">Soybeans</a> and <a href=\"https://laohu8.com/FUT/ZCmain\">corn</a> both ended the year up around 14%, as severe drought in Argentina raised concerns about South America's crop. Going forward, food-commodity prices are likely to stay elevated. Wheat production is unlikely to replenish depleted world inventories, at least in the first half of 2023, while crops producing edible oils are suffering from adverse weather in Latin America and Southeast Asia.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177934568","content_text":"Nickel future soared over 44% as global demand for nickel rose on EV boom. Brent gained 11% while U.S. crude rose nearly 7%. Bitcoin future tumbled 64% amid a rough year for crypto prices.The market for nickel is already being transformed as car batteries take over from stainless steel as the major growth market. The world’s biggest miner predicts nine in 10 cars sold by 2040 will be EVs, helping to boost worldwide usage of key battery materials including nickel.Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on worries of an economic contraction, but closed the year with a second straight annual gain.Prices surged in March as Russia's invasion of Ukraine upended global crude flows, with international benchmark Brent reaching $139.13 a barrel, highest since 2008. Prices cooled rapidly in the second half as central banks hiked interest rates and fanned worries of recession.\"This has been an extraordinary year for commodity markets, with supply risks leading to increased volatility and elevated prices,\" said ING analyst Ewa Manthey. \"Next year is set to be another year of uncertainty, with plenty of volatility,\" she said.For the year, Brent gained about 11%. U.S. crude rose nearly 7% in 2022. Both benchmarks fell sharply in 2020 as the COVID-19 pandemic slashed fuel demand. Investors in 2023 are expected to keep taking a cautious approach, wary of interest rate hikes and possible recessions.Natural gas markets ended 2022 with strong gains after a global energy crisis triggered by the Russia-Ukraine war stoked prices, and tighter supplies expected in 2023 could fuel more gains. U.S. gas futures jumped by 17.8%, up for a third consecutive year.Soybeans and corn both ended the year up around 14%, as severe drought in Argentina raised concerns about South America's crop. Going forward, food-commodity prices are likely to stay elevated. Wheat production is unlikely to replenish depleted world inventories, at least in the first half of 2023, while crops producing edible oils are suffering from adverse weather in Latin America and Southeast Asia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950177503,"gmtCreate":1672709678902,"gmtModify":1676538722952,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$ </a><v-v data-views=\"1\"></v-v>","text":"$TENCENT(00700)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950177503","isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950052550,"gmtCreate":1672626231371,"gmtModify":1676538712686,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9950052550","repostId":"1105874821","repostType":4,"repost":{"id":"1105874821","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1672621372,"share":"https://ttm.financial/m/news/1105874821?lang=&edition=fundamental","pubTime":"2023-01-02 09:02","market":"us","language":"en","title":"2022 Recap: Top 10 ETFs' Performance","url":"https://stock-news.laohu8.com/highlight/detail?id=1105874821","media":"Tiger Newspress","summary":"Energy ETFs dominated 2022’s top funds.","content":"<html><head></head><body><p>Energy ETFs dominated 2022’s top funds. The top-performing ETF, once you filter out leveraged and inverse products, was <a href=\"https://laohu8.com/S/TUR\">iShares MSCI Turkey ETF</a> with a monster return of 105.81% through Dec. 31.</p><p><img src=\"https://static.tigerbbs.com/38f8ec750fb75826f2193bf24322d6fa\" tg-width=\"1407\" tg-height=\"1996\" referrerpolicy=\"no-referrer\"/>Turkey’s lira plummeted during the year while inflation soared as high as 80%. However, that was what drove the stock market’s outstanding performance, as domestic investors plowed in assets to hedge against skyrocketing prices.</p><p>Despite its outsized returns, U.S. investors aren’t taking the bait, and the fund has seen $82.8 million in outflows year-to-date. Indeed, a recentBloomberg articlenotes that foreign ownership of Turkish stocks hit record lows.</p><p>The top performers are energy related with one exception. The $2.6 billion <a href=\"https://laohu8.com/S/OIH\">VanEck Oil Services ETF </a> was in the No. 2 spot with a gain of 66.17%, followed by the <a href=\"https://laohu8.com/S/IEZ\">iShares U.S. Oil Equipment & Services ETF</a> with a return of 65.74%.</p><p>Ultimately the remaining energy funds in the top 10 ETFs in terms of returns were up anywhere from 58.27% (the <a href=\"https://laohu8.com/S/PXE\">Invesco Dynamic Energy Exploration & Production ETF</a>) to 64.17% ( <a href=\"https://laohu8.com/S/XLE\">Energy Select Sector SPDR Fund </a>). Almost all of those were equity funds; however, the United States 12-Month <a href=\"https://laohu8.com/S/UNL\">Natural Gas Fund LP </a> was in the mix with a return of 57%. The fund invests in natural gas futures via a laddered strategy that maintains equal-weight exposure to the 12 nearest-month NYMEX natural gas futures.</p><p>According to data from the Bureau of Labor Statistics, energy costs for Americans saw an average increase of 13% year-over-year as of November.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2022 Recap: Top 10 ETFs' Performance</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\">\n2022 Recap: Top 10 ETFs' Performance\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\">2023-01-02 09:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Energy ETFs dominated 2022’s top funds. The top-performing ETF, once you filter out leveraged and inverse products, was <a href=\"https://laohu8.com/S/TUR\">iShares MSCI Turkey ETF</a> with a monster return of 105.81% through Dec. 31.</p><p><img src=\"https://static.tigerbbs.com/38f8ec750fb75826f2193bf24322d6fa\" tg-width=\"1407\" tg-height=\"1996\" referrerpolicy=\"no-referrer\"/>Turkey’s lira plummeted during the year while inflation soared as high as 80%. However, that was what drove the stock market’s outstanding performance, as domestic investors plowed in assets to hedge against skyrocketing prices.</p><p>Despite its outsized returns, U.S. investors aren’t taking the bait, and the fund has seen $82.8 million in outflows year-to-date. Indeed, a recentBloomberg articlenotes that foreign ownership of Turkish stocks hit record lows.</p><p>The top performers are energy related with one exception. The $2.6 billion <a href=\"https://laohu8.com/S/OIH\">VanEck Oil Services ETF </a> was in the No. 2 spot with a gain of 66.17%, followed by the <a href=\"https://laohu8.com/S/IEZ\">iShares U.S. Oil Equipment & Services ETF</a> with a return of 65.74%.</p><p>Ultimately the remaining energy funds in the top 10 ETFs in terms of returns were up anywhere from 58.27% (the <a href=\"https://laohu8.com/S/PXE\">Invesco Dynamic Energy Exploration & Production ETF</a>) to 64.17% ( <a href=\"https://laohu8.com/S/XLE\">Energy Select Sector SPDR Fund </a>). Almost all of those were equity funds; however, the United States 12-Month <a href=\"https://laohu8.com/S/UNL\">Natural Gas Fund LP </a> was in the mix with a return of 57%. The fund invests in natural gas futures via a laddered strategy that maintains equal-weight exposure to the 12 nearest-month NYMEX natural gas futures.</p><p>According to data from the Bureau of Labor Statistics, energy costs for Americans saw an average increase of 13% year-over-year as of November.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IYE":"iShares U.S. Energy ETF","OIH":"石油服务ETF","TUR":"土耳其ETF-iShares MSCI","VDE":"Vanguard Energy ETF","XES":"SPDR S&P Oil & Gas Equipment & Services ETF","IEZ":"iShares Dow Jones U.S. Oil Equip","XLE":"SPDR能源指数ETF","PXJ":"Invesco Oil & Gas Services ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105874821","content_text":"Energy ETFs dominated 2022’s top funds. The top-performing ETF, once you filter out leveraged and inverse products, was iShares MSCI Turkey ETF with a monster return of 105.81% through Dec. 31.Turkey’s lira plummeted during the year while inflation soared as high as 80%. However, that was what drove the stock market’s outstanding performance, as domestic investors plowed in assets to hedge against skyrocketing prices.Despite its outsized returns, U.S. investors aren’t taking the bait, and the fund has seen $82.8 million in outflows year-to-date. Indeed, a recentBloomberg articlenotes that foreign ownership of Turkish stocks hit record lows.The top performers are energy related with one exception. The $2.6 billion VanEck Oil Services ETF was in the No. 2 spot with a gain of 66.17%, followed by the iShares U.S. Oil Equipment & Services ETF with a return of 65.74%.Ultimately the remaining energy funds in the top 10 ETFs in terms of returns were up anywhere from 58.27% (the Invesco Dynamic Energy Exploration & Production ETF) to 64.17% ( Energy Select Sector SPDR Fund ). Almost all of those were equity funds; however, the United States 12-Month Natural Gas Fund LP was in the mix with a return of 57%. The fund invests in natural gas futures via a laddered strategy that maintains equal-weight exposure to the 12 nearest-month NYMEX natural gas futures.According to data from the Bureau of Labor Statistics, energy costs for Americans saw an average increase of 13% year-over-year as of November.","news_type":1},"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950052803,"gmtCreate":1672626203802,"gmtModify":1676538712678,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$ </a><v-v data-views=\"1\"></v-v>","text":"$TENCENT(00700)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950052803","isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9950704269,"gmtCreate":1672828590551,"gmtModify":1676538743608,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9950704269","repostId":"2300434056","repostType":4,"repost":{"id":"2300434056","kind":"highlight","pubTimestamp":1672845925,"share":"https://ttm.financial/m/news/2300434056?lang=&edition=fundamental","pubTime":"2023-01-04 23:25","market":"us","language":"en","title":"7 Sensational Stocks That Can Double Your Money in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2300434056","media":"Motley Fool","summary":"Triple-digit returns could be just a click away from the buy button.","content":"<html><head></head><body><p>Welcome to a new year and a new opportunity to become smarter, happier, and -- most importantly -- richer.</p><p>Although 2022 didn't go as planned -- the <b>S&P 500</b> and <b>Nasdaq Composite</b> ended the year down 19% and 33%, respectively -- bear markets are known to be blessings in disguise. These typically once-in-a-decade events allow opportunistic investors to pounce on innovative, game-changing companies at a discount. And with Wall Street taking a drubbing last year, bargains abound -- if you're willing to do some digging.</p><p>As we move headlong into a new year filled with uncertainty, the following seven sensational stocks stand as being capable of doubling your money in 2023.</p><h2>1. Novavax</h2><p>The first phenomenal stock that has the potential to deliver triple-digit returns for its shareholders in the new year is biotech stock <b>Novavax</b>. Since hitting its all-time high during the COVID-19 pandemic, shares of Novavax have plunged as much as 97%. But with its market cap down to $874 million, there are an abundance of reasons to believe Novavax could "shoot" higher.</p><p>Novavax is one of a handful of drug developers that earned acclaim by running clinical trials for a COVID-19 vaccine. But unlike a majority of drugmakers, it was one of only three -- along with <b>Pfizer</b>/<b>BioNTech</b> and <b>Moderna</b> -- to achieve at least a 90% vaccine efficacy with its vaccine, NVX-CoV2373.</p><p>The Novavax vaccine is also differentiated by its mechanism of action. Instead of being messenger-RNA-based, as with the Pfizer/BioNTech and Moderna vaccines, NVX-CoV2373 uses older technology and bits of spike protein from the SARS-CoV-2 virus to teach a person's immune system how to recognize and fight the infection. For people who might be leery of taking an mRNA-based vaccine, Novavax provides a high-efficacy solution in developed and emerging markets.</p><p>In 2023, COVID-19 vaccine sales in the U.S. moved from advanced purchase agreements with the federal government to the private market. I expect this to improve Novavax's pricing power and help it better compete as an initial series and/or booster option.</p><p>Additionally, Novavax is sitting on an absolute mountain of cash. It ended September with $1.28 billion in cash and cash equivalents, which was prior to its recent gross proceeds raise of $250 million from the sale of shares and convertible debt. This provides more-than-enough capital to run clinical studies involving NVX-CoV2373 as a combination therapy (influenza + COVID-19), as well as further its influenza and respiratory syncytial virus vaccine candidates.</p><h2>2. Green Thumb Industries</h2><p>A second high-caliber stock that can double your money in 2023 is U.S. cannabis multi-state operator (MSO) <b>Green Thumb Industries</b>. Although a lack of cannabis reform on Capitol Hill has been a buzzkill for pot stocks, Green Thumb Industries' growth strategy has proved unstoppable.</p><p>Before digging into company specifics, it's important to note two macro factors working in Green Thumb's favor. First, approximately three-quarters of U.S. states have legalized marijuana in some capacity. This provides more-than-enough opportunity for MSOs to grow their sales and push toward profitability.</p><p>Second, cannabis has been treated as a nondiscretionary good. Even if the U.S. dips into a recession this year, history has shown that consumers will continue to buy pot products.</p><p>Green Thumb Industries had 77 operating dispensaries open as of Dec. 1, 2022, with a presence in 15 legalized states. It holds enough retail licenses in its back pocket to effectively double its retail-store presence over time. With BDSA forecasting an increase in legal U.S. weed sales to $42 billion by 2026 from an estimated $27 billion in 2022, Green Thumb looks like it's in great shape.</p><p>The secret sauce that makes Green Thumb tick is its revenue mix. While dried cannabis flower is most often associated with marijuana use, more than half of Green Thumb's revenue comes from derivative products, such as vapes, edibles, dabs, beverages, pre-rolls, and health and beauty products. These are higher-priced products that deliver much juicier margins than dried cannabis flower. This revenue mix is precisely why Green Thumb has delivered nine consecutive quarters of profit, based on generally accepted accounting principles (GAAP).</p><p>With marijuana stocks getting thrashed to end the year following the exclusion of the SAFE Banking Act from the federal annual defense bill, now is the time to pounce on this industry leader.</p><h2>3. Bark</h2><p>For something way off the radar that can double your money in 2023, say hello to dog-focused products-and-services company <b>Bark</b>. Like virtually every other company that was brought to market via a special purpose acquisition company (SPAC) in 2020 and 2021, Bark has been decimated since making its public debut. But thanks to an unstoppable trend and the expectation of an improving income statement, the company has the tools needed to double shareholders' money in 2023.</p><p>Though recessions are an inevitable part of the economic cycle, the U.S. pet industry hasn't seemed to care. It's been well over a quarter century since year-over-year pet expenditures declined in the United States, according to data from the American Pet Products Association (APPA). What's more, the percentage of households that own a pet is higher now than at any point since the APPA began its survey on pet ownership in 1988. (Translation: Pet owners willingly open their wallets to ensure the health and happiness of their four-legged family members.)</p><p>What makes Bark so special is the company's direct-to-consumer (DTC) focus. While the company's revenue breakdown can be fluid, depending on when orders are placed, it's pretty common for Bark to generate about 10% of its revenue from brick-and-mortar retail stores. The remainder comes from the company's 2.24 million (and growing) active subscriptions.</p><p>A DTC-driven operating model lends to highly predictable cash flow and helps keep inventory levels from getting out of hand. In other words, Bark's operating model should lead to lower overhead costs than its peers.</p><p>Furthermore, Bark has seen strong add-on sales growth since introducing Bark Bright (a dental-products offering) during the pandemic. With the addition of Bark Eats, a dry-food subscription service catered to specific dog breeds, Bark should be able to substantially narrow its losses while maintaining a gross margin of around 60% in the coming quarters.</p><h2>4. PubMatic</h2><p>Another sensational stock with the competitive advantages necessary to double your money in 2023 is cloud-based adtech company <b>PubMatic</b>. While ad spending during the first half of the year could be dicey -- which isn't uncommon when economic uncertainty is high -- PubMatic finds itself perfectly positioned to take advantage of a shift in spending to digital platforms.</p><p>Prior to the advent of the internet, the buying and selling of ads and ad space was time-consuming and inefficient. But thanks to the internet and companies like PubMatic, programmatic ad platforms now do virtually all of the work. The digital ad industry (i.e., video, mobile, connected TV (CTV), and over-the-top programmatic ads) is expected to grow by a compound annual rate of 14% through 2025.</p><p>PubMatic is a sell-side platform (SSP) that helps companies sell their digital display space to advertisers. As a result of consolidation, there aren't too many SSPs left, which puts PubMatic in an advantageous position within the space.</p><p>Although advertisers are upping their spending across all digital channels, the fastest growth has been seen with CTV. Not coincidentally, CTV accounts for a substantial portion of PubMatic's revenue, which is why it has consistently grown at a faster organic rate than the industry average.</p><p>In addition, PubMatic made the choice to design and build its own cloud-based programmatic ad platform. Though costly and time-consuming, this decision will allow the company to reap the rewards of higher operating margins as its revenue scales.</p><p>One final note: PubMatic ended September with $166.1 million in cash, cash equivalents, and marketable securities with no debt. This means it has an enterprise value of just over $500 million, despite an industry-topping double-digit growth rate and recurring profits.</p><h2>5. Lovesac</h2><p>The fifth remarkable stock that can double your money in 2023 is furniture retailer <b>Lovesac</b>. Fight the urge to fall asleep because I said "furniture retailer," because this company is turning an industry desperate for disruption on its head.</p><p>One of the biggest differentiating factors with Lovesac <i>is</i> its furniture. Whereas most brick-and-mortar retailers buy products from the same group of wholesalers, Lovesac's products are unique. In particular, close to 88% of its net sales come from sactionals -- modular couches that can be rearranged to fit most living spaces.</p><p>Buyers can choose from over 200 different covers, and the yarn used in these covers is made entirely from recycled plastic water bottles. The functionality and optionality offered by Lovesac is unmatched.</p><p>Lovesac's operating model generally caters to middle- and upper-income millennials. These are folks who tend to appreciate Lovesac's ESG (environmental, social, and governance<i>) </i>tendencies. More importantly, the buying habits of these people tend to be less affected when minor economic downturns arise or inflation picks up. In short, Lovesac's business is unlikely to be hit as hard by high inflation or a recession as traditional furniture retailers.</p><p>But what's really allowed Lovesac to shine is its omnichannel sales approach. Despite having 189 retail locations spanning 40 states, it's been able to shift its sales online or utilize popup showrooms and a handful of brand-name partnerships, to bolster its sales. Similar to Bark, Lovesac has been able to use its DTC presence to lower its overhead expenses and push to full-year profitability.</p><p>In 2023, Lovesac's biggest catalyst looks like it will be inventory reduction. Wall Street has been concerned with rising inventory levels, which management contends is to meet growing demand. If Lovesac can maintain its double-digit organic growth rate, working through its inventory shouldn't be a problem.</p><h2>6. Petco Health & Wellness</h2><p>The next sensational stock that can double your money in 2023 is none other than pet-focused retailer <b>Petco Health and Wellness</b>. That's right, this list is doubling down on pet owners' willingness to spend on their furry, feathered, gilled, and scaled "family members" in the new year.</p><p>Petco Health and Wellness was sent to the doghouse last year. Shares of the company plunged 52%, with most of these losses coming after the company's disappointing second quarter, which featured higher integration costs following its acquisition of veterinary-care company Thrive.</p><p>Petco and Thrive formed a joint venture in 2017 that saw the duo grow to around 100 pet hospitals located in Petco stores. This deal was for Thrive's 50% stake in that joint venture.</p><p>But as noted, spending on pets has effectively been recession-proof since the mid-1990s. While growth slowdowns are certainly possible, a record level of pet ownership in the wake of the pandemic bodes well for companies like Petco.</p><p>What's far more important is that Petco's focus on subscription services and digital sales is beginning to pay off. Even though in-store interactions will continue to generate the bulk of the company's sales, the pandemic taught Petco's management team the importance of having a beefed-up online presence. Digital sales were up 10% from the prior-year period in the company's fiscal quarter ended Oct. 29, 2022, and 42% when looking back two years.</p><p>In terms of subscriptions, the company now has north of 400,000 Vital Care members. Vital Care provides members discounts on various products, grooming, and routine vet exams and has seen its recurring revenue jump 56% from the previous year. If Petco can sustain strong double-digit recurring revenue and subscription growth in 2023, it could reasonably reverse course and retrace all of its losses from last year.</p><h2>7. Redfin</h2><p>Last but not least, consider technology-driven real estate company <b>Redfin</b> as a stock that can double your money in 2023.</p><p>There's absolutely no sugarcoating how poor the past year and change has been for real estate-focused businesses. Redfin has lost approximately 96% of its value since reaching its all-time high, and rapidly rising mortgage rates are doing the industry no favors.</p><p>A report from the company notes that home sales plummeted 35% in November from the prior-year period, the largest decline on record. And new listings plunged 28%, which is the second-largest year-over-year drop in history.</p><p>Despite this abysmal data, it's plausible that pessimists have overshot to the downside, considering the competitive advantages Redfin offers when compared to traditional real estate firms.</p><p>For example, traditional real estate companies and agents charge anywhere from 2.5% to 3% for their services. Redfin charges its customers either 1% or 1.5%, depending on how much previous businesses they have done with the company. With a median home sales price of $393,682 in November, an up to 2 percentage-point difference when compared to traditional real estate firms, can save sellers more than $7,800 (at the median).</p><p>Redfin also offers a variety of services designed to either help sellers maximize the value of their homes or lessen the burdens associated with selling property. These services can help boost Redfin's gross margin by adding a personalized touch that traditional real estate companies fail to provide.</p><p>The final consideration with Redfin is that it's exiting its iBuyer business, known as RedfinNow. This segment purchased homes for cash, which were later resold.</p><p>Ending this program and paring down its portfolio of assets will bolster the company's cash position while lowering expenses. Management believes this combination of cost-cutting and refocusing on its bread-and-butter internet service-based advantages can lead the company to a profitable year in 2024.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Sensational Stocks That Can Double Your Money in 2023</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\">\n7 Sensational Stocks That Can Double Your Money in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-04 23:25 GMT+8 <a href=https://www.fool.com/investing/2023/01/03/7-sensational-stocks-can-double-your-money-in-2023/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to a new year and a new opportunity to become smarter, happier, and -- most importantly -- richer.Although 2022 didn't go as planned -- the S&P 500 and Nasdaq Composite ended the year down 19%...</p>\n\n<a href=\"https://www.fool.com/investing/2023/01/03/7-sensational-stocks-can-double-your-money-in-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WOOF":"Petco Health and Wellness Company, Inc.","RDFN":"Redfin Corp","PUBM":"PubMatic, Inc.","NVAX":"诺瓦瓦克斯医药","LOVE":"Lovesac Co.","GTBIF":"Green Thumb Industries Inc.","BARK":"The Original Bark Corp."},"source_url":"https://www.fool.com/investing/2023/01/03/7-sensational-stocks-can-double-your-money-in-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2300434056","content_text":"Welcome to a new year and a new opportunity to become smarter, happier, and -- most importantly -- richer.Although 2022 didn't go as planned -- the S&P 500 and Nasdaq Composite ended the year down 19% and 33%, respectively -- bear markets are known to be blessings in disguise. These typically once-in-a-decade events allow opportunistic investors to pounce on innovative, game-changing companies at a discount. And with Wall Street taking a drubbing last year, bargains abound -- if you're willing to do some digging.As we move headlong into a new year filled with uncertainty, the following seven sensational stocks stand as being capable of doubling your money in 2023.1. NovavaxThe first phenomenal stock that has the potential to deliver triple-digit returns for its shareholders in the new year is biotech stock Novavax. Since hitting its all-time high during the COVID-19 pandemic, shares of Novavax have plunged as much as 97%. But with its market cap down to $874 million, there are an abundance of reasons to believe Novavax could \"shoot\" higher.Novavax is one of a handful of drug developers that earned acclaim by running clinical trials for a COVID-19 vaccine. But unlike a majority of drugmakers, it was one of only three -- along with Pfizer/BioNTech and Moderna -- to achieve at least a 90% vaccine efficacy with its vaccine, NVX-CoV2373.The Novavax vaccine is also differentiated by its mechanism of action. Instead of being messenger-RNA-based, as with the Pfizer/BioNTech and Moderna vaccines, NVX-CoV2373 uses older technology and bits of spike protein from the SARS-CoV-2 virus to teach a person's immune system how to recognize and fight the infection. For people who might be leery of taking an mRNA-based vaccine, Novavax provides a high-efficacy solution in developed and emerging markets.In 2023, COVID-19 vaccine sales in the U.S. moved from advanced purchase agreements with the federal government to the private market. I expect this to improve Novavax's pricing power and help it better compete as an initial series and/or booster option.Additionally, Novavax is sitting on an absolute mountain of cash. It ended September with $1.28 billion in cash and cash equivalents, which was prior to its recent gross proceeds raise of $250 million from the sale of shares and convertible debt. This provides more-than-enough capital to run clinical studies involving NVX-CoV2373 as a combination therapy (influenza + COVID-19), as well as further its influenza and respiratory syncytial virus vaccine candidates.2. Green Thumb IndustriesA second high-caliber stock that can double your money in 2023 is U.S. cannabis multi-state operator (MSO) Green Thumb Industries. Although a lack of cannabis reform on Capitol Hill has been a buzzkill for pot stocks, Green Thumb Industries' growth strategy has proved unstoppable.Before digging into company specifics, it's important to note two macro factors working in Green Thumb's favor. First, approximately three-quarters of U.S. states have legalized marijuana in some capacity. This provides more-than-enough opportunity for MSOs to grow their sales and push toward profitability.Second, cannabis has been treated as a nondiscretionary good. Even if the U.S. dips into a recession this year, history has shown that consumers will continue to buy pot products.Green Thumb Industries had 77 operating dispensaries open as of Dec. 1, 2022, with a presence in 15 legalized states. It holds enough retail licenses in its back pocket to effectively double its retail-store presence over time. With BDSA forecasting an increase in legal U.S. weed sales to $42 billion by 2026 from an estimated $27 billion in 2022, Green Thumb looks like it's in great shape.The secret sauce that makes Green Thumb tick is its revenue mix. While dried cannabis flower is most often associated with marijuana use, more than half of Green Thumb's revenue comes from derivative products, such as vapes, edibles, dabs, beverages, pre-rolls, and health and beauty products. These are higher-priced products that deliver much juicier margins than dried cannabis flower. This revenue mix is precisely why Green Thumb has delivered nine consecutive quarters of profit, based on generally accepted accounting principles (GAAP).With marijuana stocks getting thrashed to end the year following the exclusion of the SAFE Banking Act from the federal annual defense bill, now is the time to pounce on this industry leader.3. BarkFor something way off the radar that can double your money in 2023, say hello to dog-focused products-and-services company Bark. Like virtually every other company that was brought to market via a special purpose acquisition company (SPAC) in 2020 and 2021, Bark has been decimated since making its public debut. But thanks to an unstoppable trend and the expectation of an improving income statement, the company has the tools needed to double shareholders' money in 2023.Though recessions are an inevitable part of the economic cycle, the U.S. pet industry hasn't seemed to care. It's been well over a quarter century since year-over-year pet expenditures declined in the United States, according to data from the American Pet Products Association (APPA). What's more, the percentage of households that own a pet is higher now than at any point since the APPA began its survey on pet ownership in 1988. (Translation: Pet owners willingly open their wallets to ensure the health and happiness of their four-legged family members.)What makes Bark so special is the company's direct-to-consumer (DTC) focus. While the company's revenue breakdown can be fluid, depending on when orders are placed, it's pretty common for Bark to generate about 10% of its revenue from brick-and-mortar retail stores. The remainder comes from the company's 2.24 million (and growing) active subscriptions.A DTC-driven operating model lends to highly predictable cash flow and helps keep inventory levels from getting out of hand. In other words, Bark's operating model should lead to lower overhead costs than its peers.Furthermore, Bark has seen strong add-on sales growth since introducing Bark Bright (a dental-products offering) during the pandemic. With the addition of Bark Eats, a dry-food subscription service catered to specific dog breeds, Bark should be able to substantially narrow its losses while maintaining a gross margin of around 60% in the coming quarters.4. PubMaticAnother sensational stock with the competitive advantages necessary to double your money in 2023 is cloud-based adtech company PubMatic. While ad spending during the first half of the year could be dicey -- which isn't uncommon when economic uncertainty is high -- PubMatic finds itself perfectly positioned to take advantage of a shift in spending to digital platforms.Prior to the advent of the internet, the buying and selling of ads and ad space was time-consuming and inefficient. But thanks to the internet and companies like PubMatic, programmatic ad platforms now do virtually all of the work. The digital ad industry (i.e., video, mobile, connected TV (CTV), and over-the-top programmatic ads) is expected to grow by a compound annual rate of 14% through 2025.PubMatic is a sell-side platform (SSP) that helps companies sell their digital display space to advertisers. As a result of consolidation, there aren't too many SSPs left, which puts PubMatic in an advantageous position within the space.Although advertisers are upping their spending across all digital channels, the fastest growth has been seen with CTV. Not coincidentally, CTV accounts for a substantial portion of PubMatic's revenue, which is why it has consistently grown at a faster organic rate than the industry average.In addition, PubMatic made the choice to design and build its own cloud-based programmatic ad platform. Though costly and time-consuming, this decision will allow the company to reap the rewards of higher operating margins as its revenue scales.One final note: PubMatic ended September with $166.1 million in cash, cash equivalents, and marketable securities with no debt. This means it has an enterprise value of just over $500 million, despite an industry-topping double-digit growth rate and recurring profits.5. LovesacThe fifth remarkable stock that can double your money in 2023 is furniture retailer Lovesac. Fight the urge to fall asleep because I said \"furniture retailer,\" because this company is turning an industry desperate for disruption on its head.One of the biggest differentiating factors with Lovesac is its furniture. Whereas most brick-and-mortar retailers buy products from the same group of wholesalers, Lovesac's products are unique. In particular, close to 88% of its net sales come from sactionals -- modular couches that can be rearranged to fit most living spaces.Buyers can choose from over 200 different covers, and the yarn used in these covers is made entirely from recycled plastic water bottles. The functionality and optionality offered by Lovesac is unmatched.Lovesac's operating model generally caters to middle- and upper-income millennials. These are folks who tend to appreciate Lovesac's ESG (environmental, social, and governance) tendencies. More importantly, the buying habits of these people tend to be less affected when minor economic downturns arise or inflation picks up. In short, Lovesac's business is unlikely to be hit as hard by high inflation or a recession as traditional furniture retailers.But what's really allowed Lovesac to shine is its omnichannel sales approach. Despite having 189 retail locations spanning 40 states, it's been able to shift its sales online or utilize popup showrooms and a handful of brand-name partnerships, to bolster its sales. Similar to Bark, Lovesac has been able to use its DTC presence to lower its overhead expenses and push to full-year profitability.In 2023, Lovesac's biggest catalyst looks like it will be inventory reduction. Wall Street has been concerned with rising inventory levels, which management contends is to meet growing demand. If Lovesac can maintain its double-digit organic growth rate, working through its inventory shouldn't be a problem.6. Petco Health & WellnessThe next sensational stock that can double your money in 2023 is none other than pet-focused retailer Petco Health and Wellness. That's right, this list is doubling down on pet owners' willingness to spend on their furry, feathered, gilled, and scaled \"family members\" in the new year.Petco Health and Wellness was sent to the doghouse last year. Shares of the company plunged 52%, with most of these losses coming after the company's disappointing second quarter, which featured higher integration costs following its acquisition of veterinary-care company Thrive.Petco and Thrive formed a joint venture in 2017 that saw the duo grow to around 100 pet hospitals located in Petco stores. This deal was for Thrive's 50% stake in that joint venture.But as noted, spending on pets has effectively been recession-proof since the mid-1990s. While growth slowdowns are certainly possible, a record level of pet ownership in the wake of the pandemic bodes well for companies like Petco.What's far more important is that Petco's focus on subscription services and digital sales is beginning to pay off. Even though in-store interactions will continue to generate the bulk of the company's sales, the pandemic taught Petco's management team the importance of having a beefed-up online presence. Digital sales were up 10% from the prior-year period in the company's fiscal quarter ended Oct. 29, 2022, and 42% when looking back two years.In terms of subscriptions, the company now has north of 400,000 Vital Care members. Vital Care provides members discounts on various products, grooming, and routine vet exams and has seen its recurring revenue jump 56% from the previous year. If Petco can sustain strong double-digit recurring revenue and subscription growth in 2023, it could reasonably reverse course and retrace all of its losses from last year.7. RedfinLast but not least, consider technology-driven real estate company Redfin as a stock that can double your money in 2023.There's absolutely no sugarcoating how poor the past year and change has been for real estate-focused businesses. Redfin has lost approximately 96% of its value since reaching its all-time high, and rapidly rising mortgage rates are doing the industry no favors.A report from the company notes that home sales plummeted 35% in November from the prior-year period, the largest decline on record. And new listings plunged 28%, which is the second-largest year-over-year drop in history.Despite this abysmal data, it's plausible that pessimists have overshot to the downside, considering the competitive advantages Redfin offers when compared to traditional real estate firms.For example, traditional real estate companies and agents charge anywhere from 2.5% to 3% for their services. Redfin charges its customers either 1% or 1.5%, depending on how much previous businesses they have done with the company. With a median home sales price of $393,682 in November, an up to 2 percentage-point difference when compared to traditional real estate firms, can save sellers more than $7,800 (at the median).Redfin also offers a variety of services designed to either help sellers maximize the value of their homes or lessen the burdens associated with selling property. These services can help boost Redfin's gross margin by adding a personalized touch that traditional real estate companies fail to provide.The final consideration with Redfin is that it's exiting its iBuyer business, known as RedfinNow. This segment purchased homes for cash, which were later resold.Ending this program and paring down its portfolio of assets will bolster the company's cash position while lowering expenses. Management believes this combination of cost-cutting and refocusing on its bread-and-butter internet service-based advantages can lead the company to a profitable year in 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950052550,"gmtCreate":1672626231371,"gmtModify":1676538712686,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9950052550","repostId":"1105874821","repostType":4,"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954740334,"gmtCreate":1676678630928,"gmtModify":1676678634768,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954740334","repostId":"2312260928","repostType":4,"repost":{"id":"2312260928","kind":"highlight","pubTimestamp":1676677225,"share":"https://ttm.financial/m/news/2312260928?lang=&edition=fundamental","pubTime":"2023-02-18 07:40","market":"us","language":"en","title":"US STOCKS-S&P 500 Ends Down As Investors Fret About Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=2312260928","media":"Reuters","summary":"The S&P 500 ended lower on Friday, weighed down by Microsoft and Nvidia as investors worried that in","content":"<html><head></head><body><p>The S&P 500 ended lower on Friday, weighed down by Microsoft and Nvidia as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes.</p><p>The see-saw session on Wall Street followed economic data this week that pointed to elevated inflation, a tight job market and resilience in consumer spending, giving the Fed more room for to raise borrowing costs.</p><p>Goldman Sachs and Bank of America forecast three more rate hikes this year and by a quarter of a percentage point each, up from their previous estimate of two rate rises.</p><p>Traders are expecting at least two more rate increases and see the Fed rate peaking at 5.3% by July as central bank attempts to cool the economy and reduce inflation.</p><p>"A dark cloud has drifted over the stock market in the last two weeks based on a higher watermark for the Fed funds rate," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.</p><p>"The jobs numbers aren't getting weaker, and it's hard to go into a recession with a strong labor market at the same time. That means the Fed could push the button and move rates higher," Dollarhide said.</p><p>Microsoft Corp fell 1.6% and Nvidia dipped 2.8%, both weighing on the S&P 500 as the yield on 10-year Treasury notes hit a three-month high.</p><p>The CBOE Volatility index, also known as Wall Street's fear gauge, traded above 20 points for a second session in a row.</p><p>Of the 11 S&P 500 sector indexes, six rose, led by consumer staples, up 1.29%, followed by a 1% gain in Utilities. Energy dropped 3.65%, with Exxon Mobil losing 3.8%.</p><p>The S&P 500 declined 0.28% to end the session at 4,079.09 points. The Nasdaq fell 0.58% to 11,787.27 points, while Dow Jones Industrial Average rose 0.39% to 33,826.69 points.</p><p>For the week, the S&P 500 fell 0.3%, the Dow lost 0.1% and the Nasdaq climbed 0.6%.</p><p>The S&P 500 has gained about 6% so far in 2023, while the Nasdaq has rebounded about 13% following deep losses last year.</p><p>Adding to recent worries about monetary policy, Fed Governor Michelle Bowman said the central bank will need to keep raising interest rates until it makes much more progress tackling inflation. Richmond Fed President Thomas Barkin said the central bank still needs to raise interest rates, but that it could stick with quarter-point increases.</p><p>Moderna Inc fell 3.3% after its experimental messenger RNA-based influenza vaccine delivered mixed results in a study.</p><p>Deere & Co surged 7.5% after the world's largest farm equipment maker raised its annual profit and beat quarterly earnings expectations.</p><p>Lithium miners Livent Corp, Albemarle Corp and <a href=\"https://laohu8.com/S/PLL.AU\">Piedmont Lithium</a> Inc slumped between 10% and 12% due to concerns about weakness in Chinese prices for the EV battery metal.</p><p>The most traded company in the S&P 500 was Tesla Inc, with $42.9 billion worth of shares exchanged during the session. The shares rose 3.10%.</p><p>U.S. stock markets will be closed on Monday on account of Presidents' Day.</p><p>Advancing issues outnumbered falling ones within the S&P 500 by a 1.1-to-one ratio.</p><p>The S&P 500 posted eight new highs and one new low; the Nasdaq recorded 75 new highs and 68 new lows.</p><p>Volume on U.S. exchanges was relatively light, with 10.6 billion shares traded, compared with an average of 11.7 billion shares over the previous 20 sessions.</p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500 Ends Down As Investors Fret About Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500 Ends Down As Investors Fret About Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-18 07:40 GMT+8 <a href=https://finance.yahoo.com/news/us-stocks-p-500-ends-212103233.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 ended lower on Friday, weighed down by Microsoft and Nvidia as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-p-500-ends-212103233.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/us-stocks-p-500-ends-212103233.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2312260928","content_text":"The S&P 500 ended lower on Friday, weighed down by Microsoft and Nvidia as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes.The see-saw session on Wall Street followed economic data this week that pointed to elevated inflation, a tight job market and resilience in consumer spending, giving the Fed more room for to raise borrowing costs.Goldman Sachs and Bank of America forecast three more rate hikes this year and by a quarter of a percentage point each, up from their previous estimate of two rate rises.Traders are expecting at least two more rate increases and see the Fed rate peaking at 5.3% by July as central bank attempts to cool the economy and reduce inflation.\"A dark cloud has drifted over the stock market in the last two weeks based on a higher watermark for the Fed funds rate,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.\"The jobs numbers aren't getting weaker, and it's hard to go into a recession with a strong labor market at the same time. That means the Fed could push the button and move rates higher,\" Dollarhide said.Microsoft Corp fell 1.6% and Nvidia dipped 2.8%, both weighing on the S&P 500 as the yield on 10-year Treasury notes hit a three-month high.The CBOE Volatility index, also known as Wall Street's fear gauge, traded above 20 points for a second session in a row.Of the 11 S&P 500 sector indexes, six rose, led by consumer staples, up 1.29%, followed by a 1% gain in Utilities. Energy dropped 3.65%, with Exxon Mobil losing 3.8%.The S&P 500 declined 0.28% to end the session at 4,079.09 points. The Nasdaq fell 0.58% to 11,787.27 points, while Dow Jones Industrial Average rose 0.39% to 33,826.69 points.For the week, the S&P 500 fell 0.3%, the Dow lost 0.1% and the Nasdaq climbed 0.6%.The S&P 500 has gained about 6% so far in 2023, while the Nasdaq has rebounded about 13% following deep losses last year.Adding to recent worries about monetary policy, Fed Governor Michelle Bowman said the central bank will need to keep raising interest rates until it makes much more progress tackling inflation. Richmond Fed President Thomas Barkin said the central bank still needs to raise interest rates, but that it could stick with quarter-point increases.Moderna Inc fell 3.3% after its experimental messenger RNA-based influenza vaccine delivered mixed results in a study.Deere & Co surged 7.5% after the world's largest farm equipment maker raised its annual profit and beat quarterly earnings expectations.Lithium miners Livent Corp, Albemarle Corp and Piedmont Lithium Inc slumped between 10% and 12% due to concerns about weakness in Chinese prices for the EV battery metal.The most traded company in the S&P 500 was Tesla Inc, with $42.9 billion worth of shares exchanged during the session. The shares rose 3.10%.U.S. stock markets will be closed on Monday on account of Presidents' Day.Advancing issues outnumbered falling ones within the S&P 500 by a 1.1-to-one ratio.The S&P 500 posted eight new highs and one new low; the Nasdaq recorded 75 new highs and 68 new lows.Volume on U.S. exchanges was relatively light, with 10.6 billion shares traded, compared with an average of 11.7 billion shares over the previous 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925340295,"gmtCreate":1671936971417,"gmtModify":1676538613162,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9925340295","repostId":"1122119015","repostType":4,"repost":{"id":"1122119015","kind":"news","pubTimestamp":1671940966,"share":"https://ttm.financial/m/news/1122119015?lang=&edition=fundamental","pubTime":"2022-12-25 12:02","market":"us","language":"en","title":"7 High-Yield Dividend Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1122119015","media":"InvestorPlace","summary":"These are the best high-yield dividend stocks to buy ahead of an unpredictable 2023.Suncor Energy(SU","content":"<html><head></head><body><ul><li>These are the best high-yield dividend stocks to buy ahead of an unpredictable 2023.</li><li><b>Suncor Energy</b>(<b>SU</b>): The smart money is taking an interest.</li><li><b>Intel</b>(<b>INTC</b>): This unappreciated stock could surprise investors.</li><li><b>Kinder Morgan</b>(<b>KMI</b>): It’s a reliable midstream business.</li><li><b>British American Tobacco</b>(<b>BTI</b>): The sin stock could continue to outperform.</li><li><b>Rio Tinto</b>(<b>RIO</b>): It’s a play on the growth of EVs.</li><li><b>Magellan Midstream Partners</b>(<b>MMP</b>): Fans of MLPs are likely to be familiar with this one.</li><li><b>KKR Real Estate Finance Trust</b>(<b>KREF</b>): It’s perfect for contrarians who want to speculate.</li></ul><p>Usually, the decision to target high-yield dividend stocks to buy centers on inflationary concerns. With rising borrowing costs eroding market returns, passive income commands a premium. However, this narrative may also work ahead of what could be a potentially deflationary environment, with the Federal Reserve committed to containing inflation via higher rates.</p><p>You might think that passive-income generators won’t work if the value of money rises. However, a presentation by Global X states that during periods of rising rates, high-yield dividend stocks on average outperformed the benchmark equities index. Therefore, even with continued hawkish monetary policy, this segment offers relevance.</p><p>To be fair, high-yielding companies tend to be riskier enterprises. Simply put, Wall Street doesn’t offer many free lunches. That said, with so much uncertainty ahead in 2023, the high-yield dividend stocks to buy below should provide investors with a nice amount of income.</p><p><b>Suncor Energy (SU)</b></p><p>Based in Calgary, Alberta, <b>Suncor Energy</b>(NYSE:<b>SU</b>) represents one of Canada’s major hydrocarbon specialists. It focuses on the production of synthetic crude from oil sands. Geopolitical turmoil, rising demand and escalating inflation all contributed to SU’s 25% year-to-date rally.</p><p>Those looking for a relatively safe and all-around confidence-inspiring name among high-yield dividend stocks to buy won’t find too many companies better than Suncor. It features a forward annual yield of 4.7%. Its payout ratio is only 28.1%, meaning the dividend should be sustainable based on current earnings trends.</p><p>GuruFocus’ proprietary calculation for fair market value labels SU stock as“modestly undervalued.”Backed by a decently stable balance sheet, Suncor enjoys a three-year revenue growth rate of 4.4%. This ranks higher than over 65% of its industry. As well, the company features a net margin of 13.7%, higher than 66% of its peers.</p><p>Finally, hedge funds increased their position in Suncor during the third quarter relative to Q2. Thus, SU is worth checking out.</p><p><b>Intel (INTC)</b></p><p>From a distinctly undervalued idea to one that’s underappreciated, <b>Intel</b>(NASDAQ:<b>INTC</b>) can’t seem to catch a break. Before the coronavirus pandemic, it struggled against a mixture of outside competitive pressures and internal controversies. Currently, the headwinds acting against the broader technology space and semiconductor stocks, in particular, have hit the stock, which is down 50% year to date.</p><p>Still, for those who want to be a bit adventurous with their high-yield dividend stocks to buy, Intel fits the bill. The company offers a forward yield of 5.6%. That’s well above the tech sector’s average yield of 1.4%. Also, Intel has eight years of consecutive dividend increases.</p><p>Its payout ratio stands at 76.1%, though, which is on the high side. Still, as the tech sector aims for a broader recovery in 2023, contrarians may be able to forgive it.</p><p>GuruFocus labels INTC“significantly undervalued”based on its proprietary calculation. Further, its price-earnings ratio of 8 is below the industry median of 16.1. Finally, Intel’s net margin of 19.1% ranks higher than 73.5% of the semiconductor industry.</p><p><b>Kinder Morgan (KMI)</b></p><p>Headquartered in Houston, <b>Kinder Morgan</b>(NYSE:<b>KMI</b>) is one of North America’s largest energy infrastructure companies, per its public profile. The company specializes in owning and controlling oil and gas pipelines and terminals. Since the beginning of the year, shares have gained nearly 14%.</p><p>The midstream energy player carries a forward yield of 6.2%. Though the energy sector typically offers investors high yields, KMI’s yield easily exceeds the sector average of 4.2%. The payout ratio stands at a lofty 98.5%, but the company has increased its dividend for five consecutive years. Furthermore, midstream firms tend to be lower-risk than other energy categories because of their ties to infrastructure needs such as storage and transportation.</p><p>GuruFocus rates KMI“modestly undervalued.”It features decent (though not great) growth trends. Profitability is where the company shines, with a net margin of 13.2%. That ranks better than 65.5% of the industry. Thus, Kinder Morgan brings much to the table as a candidate for high-yield dividend stocks to buy.</p><p><b>British American Tobacco (BTI)</b></p><p><b>British American Tobacco</b>(NYSE:<b>BTI</b>) is a sin stock that is up 8% year to date, handily outperforming the broader market. This outperformance could continue in 2023 as the economy continues to struggle. While smoking rates have been on the decline for some time, increased stress could lead to an uptick in the habit.</p><p>Despite the obvious social ills, British American Tobacco undeniably represents one of the best high-yield dividend stocks to buy. It provides a fantastic forward yield of 7.3%. This rates well above the consumer staples sector average of 1.9%. However, investors should note the payout ratio of 61.3%, which is on the higher side of the spectrum.</p><p>According to GuruFocus, BTI rates as a“fairly valued” investment based on its proprietary calculation. However, the company features a forward P/E of 8.2, below the industry median of 12.4. Further, BTI commands strong profitability metrics.</p><p><b>Rio Tinto (RIO)</b></p><p><b>Rio Tinto</b>(NYSE: <b>RIO</b>) is one of the world’s largest metals and mining corporations. While it’s known for producing several industrial commodities, its focus on mining copper is especially appealing. Copper is an integral component of EV motors and batteries, among other systems and applications.</p><p>RIO is volatile, to be sure, but shares are up 5.5% YTD. The stock also offers a forward yield of 7.6%, well above the sector average of 2.8%. To be fair, the payout ratio of 78.5% is lofty. And Rio Tinto doesn’t have any consecutive years of dividend increases to speak of.</p><p>Nevertheless, Rio Tinto enjoys a solid balance sheet and excellent growth and profitability metrics. Notably, the company’s return on equity stands at 35.3%, ranked better than nearly 96% of the industry.</p><p><b>Magellan Midstream Partners (MMP)</b></p><p>Another energy infrastructure play, <b>Magellan Midstream Partners</b>(NYSE: <b>MMP</b>) owns petroleum and ammonia pipelines in the central U.S.Per its corporate profile, the partnership “has a 9,800-mile refined products pipeline system with 54 connected terminals and two marine storage terminals (one of which is owned through a joint venture).” The stock has gained 6.7% so far this year.</p><p>Of course, the highlight is not necessarily the stock’s performance but rather its forward yield of 8.4%. This ranks well above the energy sector’s average yield of 4.2%. While Magellan’s payout ratio stands at 85.5%, the company is structured as a master limited partnership, or MLP. This means it passes through its income to its partners in the form of dividends. Further, Magellan has 19 years of consecutive dividend increases under its belt.</p><p>Those interested in MMP or other MLPs should research the tax implications before investing.</p><p><b>KKR Real Estate Finance Trust (KREF)</b></p><p>For those that want to roll the dice, consider <b>KKR Real Estate Finance Trust</b>(NYSE: <b>KREF</b>), a leading provider of structured commercial real estate loans. Given macroeconomic headwinds, KREF stock presents serious risks. Shares are down 30% so far this year.</p><p>The company has a poor balance sheet. Notably, its cash position is less than desirable and its equity-to-asset ratio of 0.2 times ranks worse than 93% of real estate investment trusts.</p><p>Yet, for speculators, shares throw off a forward yield of 11.8%. And analysts remain optimistic about KREF, rating it a“strong buy.”Finally, hedge funds have been generally increasing their exposure to KREF since the beginning of 2021.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 High-Yield Dividend Stocks to Buy 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\">\n7 High-Yield Dividend Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-25 12:02 GMT+8 <a href=https://investorplace.com/best-high-yield-dividend-stocks/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These are the best high-yield dividend stocks to buy ahead of an unpredictable 2023.Suncor Energy(SU): The smart money is taking an interest.Intel(INTC): This unappreciated stock could surprise ...</p>\n\n<a href=\"https://investorplace.com/best-high-yield-dividend-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KMI":"金德尔摩根","INTC":"英特尔","BTI":"英美烟草","RIO":"力拓","SU":"森科能源","KREF":"KKR Real Estate Finance Trust Inc."},"source_url":"https://investorplace.com/best-high-yield-dividend-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122119015","content_text":"These are the best high-yield dividend stocks to buy ahead of an unpredictable 2023.Suncor Energy(SU): The smart money is taking an interest.Intel(INTC): This unappreciated stock could surprise investors.Kinder Morgan(KMI): It’s a reliable midstream business.British American Tobacco(BTI): The sin stock could continue to outperform.Rio Tinto(RIO): It’s a play on the growth of EVs.Magellan Midstream Partners(MMP): Fans of MLPs are likely to be familiar with this one.KKR Real Estate Finance Trust(KREF): It’s perfect for contrarians who want to speculate.Usually, the decision to target high-yield dividend stocks to buy centers on inflationary concerns. With rising borrowing costs eroding market returns, passive income commands a premium. However, this narrative may also work ahead of what could be a potentially deflationary environment, with the Federal Reserve committed to containing inflation via higher rates.You might think that passive-income generators won’t work if the value of money rises. However, a presentation by Global X states that during periods of rising rates, high-yield dividend stocks on average outperformed the benchmark equities index. Therefore, even with continued hawkish monetary policy, this segment offers relevance.To be fair, high-yielding companies tend to be riskier enterprises. Simply put, Wall Street doesn’t offer many free lunches. That said, with so much uncertainty ahead in 2023, the high-yield dividend stocks to buy below should provide investors with a nice amount of income.Suncor Energy (SU)Based in Calgary, Alberta, Suncor Energy(NYSE:SU) represents one of Canada’s major hydrocarbon specialists. It focuses on the production of synthetic crude from oil sands. Geopolitical turmoil, rising demand and escalating inflation all contributed to SU’s 25% year-to-date rally.Those looking for a relatively safe and all-around confidence-inspiring name among high-yield dividend stocks to buy won’t find too many companies better than Suncor. It features a forward annual yield of 4.7%. Its payout ratio is only 28.1%, meaning the dividend should be sustainable based on current earnings trends.GuruFocus’ proprietary calculation for fair market value labels SU stock as“modestly undervalued.”Backed by a decently stable balance sheet, Suncor enjoys a three-year revenue growth rate of 4.4%. This ranks higher than over 65% of its industry. As well, the company features a net margin of 13.7%, higher than 66% of its peers.Finally, hedge funds increased their position in Suncor during the third quarter relative to Q2. Thus, SU is worth checking out.Intel (INTC)From a distinctly undervalued idea to one that’s underappreciated, Intel(NASDAQ:INTC) can’t seem to catch a break. Before the coronavirus pandemic, it struggled against a mixture of outside competitive pressures and internal controversies. Currently, the headwinds acting against the broader technology space and semiconductor stocks, in particular, have hit the stock, which is down 50% year to date.Still, for those who want to be a bit adventurous with their high-yield dividend stocks to buy, Intel fits the bill. The company offers a forward yield of 5.6%. That’s well above the tech sector’s average yield of 1.4%. Also, Intel has eight years of consecutive dividend increases.Its payout ratio stands at 76.1%, though, which is on the high side. Still, as the tech sector aims for a broader recovery in 2023, contrarians may be able to forgive it.GuruFocus labels INTC“significantly undervalued”based on its proprietary calculation. Further, its price-earnings ratio of 8 is below the industry median of 16.1. Finally, Intel’s net margin of 19.1% ranks higher than 73.5% of the semiconductor industry.Kinder Morgan (KMI)Headquartered in Houston, Kinder Morgan(NYSE:KMI) is one of North America’s largest energy infrastructure companies, per its public profile. The company specializes in owning and controlling oil and gas pipelines and terminals. Since the beginning of the year, shares have gained nearly 14%.The midstream energy player carries a forward yield of 6.2%. Though the energy sector typically offers investors high yields, KMI’s yield easily exceeds the sector average of 4.2%. The payout ratio stands at a lofty 98.5%, but the company has increased its dividend for five consecutive years. Furthermore, midstream firms tend to be lower-risk than other energy categories because of their ties to infrastructure needs such as storage and transportation.GuruFocus rates KMI“modestly undervalued.”It features decent (though not great) growth trends. Profitability is where the company shines, with a net margin of 13.2%. That ranks better than 65.5% of the industry. Thus, Kinder Morgan brings much to the table as a candidate for high-yield dividend stocks to buy.British American Tobacco (BTI)British American Tobacco(NYSE:BTI) is a sin stock that is up 8% year to date, handily outperforming the broader market. This outperformance could continue in 2023 as the economy continues to struggle. While smoking rates have been on the decline for some time, increased stress could lead to an uptick in the habit.Despite the obvious social ills, British American Tobacco undeniably represents one of the best high-yield dividend stocks to buy. It provides a fantastic forward yield of 7.3%. This rates well above the consumer staples sector average of 1.9%. However, investors should note the payout ratio of 61.3%, which is on the higher side of the spectrum.According to GuruFocus, BTI rates as a“fairly valued” investment based on its proprietary calculation. However, the company features a forward P/E of 8.2, below the industry median of 12.4. Further, BTI commands strong profitability metrics.Rio Tinto (RIO)Rio Tinto(NYSE: RIO) is one of the world’s largest metals and mining corporations. While it’s known for producing several industrial commodities, its focus on mining copper is especially appealing. Copper is an integral component of EV motors and batteries, among other systems and applications.RIO is volatile, to be sure, but shares are up 5.5% YTD. The stock also offers a forward yield of 7.6%, well above the sector average of 2.8%. To be fair, the payout ratio of 78.5% is lofty. And Rio Tinto doesn’t have any consecutive years of dividend increases to speak of.Nevertheless, Rio Tinto enjoys a solid balance sheet and excellent growth and profitability metrics. Notably, the company’s return on equity stands at 35.3%, ranked better than nearly 96% of the industry.Magellan Midstream Partners (MMP)Another energy infrastructure play, Magellan Midstream Partners(NYSE: MMP) owns petroleum and ammonia pipelines in the central U.S.Per its corporate profile, the partnership “has a 9,800-mile refined products pipeline system with 54 connected terminals and two marine storage terminals (one of which is owned through a joint venture).” The stock has gained 6.7% so far this year.Of course, the highlight is not necessarily the stock’s performance but rather its forward yield of 8.4%. This ranks well above the energy sector’s average yield of 4.2%. While Magellan’s payout ratio stands at 85.5%, the company is structured as a master limited partnership, or MLP. This means it passes through its income to its partners in the form of dividends. Further, Magellan has 19 years of consecutive dividend increases under its belt.Those interested in MMP or other MLPs should research the tax implications before investing.KKR Real Estate Finance Trust (KREF)For those that want to roll the dice, consider KKR Real Estate Finance Trust(NYSE: KREF), a leading provider of structured commercial real estate loans. Given macroeconomic headwinds, KREF stock presents serious risks. Shares are down 30% so far this year.The company has a poor balance sheet. Notably, its cash position is less than desirable and its equity-to-asset ratio of 0.2 times ranks worse than 93% of real estate investment trusts.Yet, for speculators, shares throw off a forward yield of 11.8%. And analysts remain optimistic about KREF, rating it a“strong buy.”Finally, hedge funds have been generally increasing their exposure to KREF since the beginning of 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962126219,"gmtCreate":1669736852331,"gmtModify":1676538233535,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9962126219","repostId":"1173876241","repostType":4,"repost":{"id":"1173876241","kind":"news","pubTimestamp":1669735462,"share":"https://ttm.financial/m/news/1173876241?lang=&edition=fundamental","pubTime":"2022-11-29 23:24","market":"us","language":"en","title":"Alibaba: Candidate For The Record Book Of Mispriced Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876241","media":"Seeking Alpha","summary":"SummaryWhile top line growth is now close to zero, Alibaba could increase operating income, earnings","content":"<html><head></head><body><p>Summary</p><ul><li>While top line growth is now close to zero, Alibaba could increase operating income, earnings per share, and free cash flow at a high pace.</li><li>Despite different risks continuing to exist for Alibaba, the growth potential for the different business segments remains high.</li><li>Alibaba is focusing on share buybacks, which is a good move considering its deeply undervalued share price.</li></ul><p>I must be honest. So far, my investment in as well as my articles about Alibaba Group Holding Limited (NYSE:BABA) have been nothing but a catastrophe. Since my last article, the stock price declined 31% and since the article in January 2022, the stock declined 37%. I built my position in Alibaba over time but so far, I didn’t make any money. I also must admit that I did not expect Alibaba to decline so steeply. At least when getting close to $100, I assumed we hit the bottom and could not imagine Alibaba declining lower.</p><p>However, my long-term investment thesis did not change. I am still long-term bullish about Alibaba and in my opinion the market is completely mispricing the stock and just focusing on the risks while completely ignoring the cash generating business and existing growth potential.</p><h3>Quarterly Results</h3><p>About two weeks ago, Alibaba reported second quarter results for fiscal 2022. And while it missed on revenue expectations by $490 million, it could beat earnings per ADS by $0.17. When looking at the quarterly results, I will report the numbers in Renminbi.</p><p>Although growth slowed down, Alibaba could still increase revenue from RMB 200,690 million in the same quarter last year to RMB 207,176 million this quarter resulting in 3.2% year-over-year growth. Adjusted EBITDA increased from RMB 34,840 million in Q2/21 to RMB 43,311 million in Q2/22 – resulting in 24.3% year-over-year growth. And finally, diluted earnings per share almost quadrupled from RMB 0.25 in the same quarter last year to RMB 0.97 this quarter. When looking at non-GAAP diluted earnings per share, we saw an increase of 15% YoY from RMB 1.40 in the same quarter last year to RMB 1.61 this quarter. And finally, free cash flow increased from RMB 22,239 million in Q2/21 to RMB 35,709 million in Q2/22 – resulting in 60.6% year-over-year growth.</p><p><img src=\"https://static.tigerbbs.com/78baaf1cc15acbf0419b0de8a14fb12b\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\"/>When looking at the different segments, the biggest part of revenue is still stemming from China commerce, which generated RMB 135,431 million in revenue (a decline of 1% year-over-year). This segment is responsible for the biggest part of adjusted EBITDA (RMB 43,980 million). International Commerce could generate RMB 15,747 million in revenue, resulting in 4% YoY growth and Local Consumer Services generated revenue of RMB 13,073 million resulting in 21% YoY growth. However, both segments are still not profitable and generated negative EBITDA. Cloud could generate RMB 20,757 million in revenue (increasing 4% year-over-year growth) and adjusted EBITDA was RMB 434 million. Cainiao could generate revenue of RMB 13,367 million resulting in 36% year-over-year growth and after reporting a loss of in the same quarter last year the segment reported an adjusted EBITDA of RMB 125 million. And finally, Digital media and entertainment could generate RMB 8,392 million in revenue (resulting in 4% YoY growth). However, the segment was also not profitable.</p><p><img src=\"https://static.tigerbbs.com/2e016228f4be40a684f90dd4cc0d784a\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/>Additionally, growth from its 11.11 Global Shopping Event slowed down as well and Alibaba could only report results in line with last year’s gross merchandise volume performance. During the last earnings call, Alibaba also commented on the last Singles Day:</p><p>During our recent 11.11 Global Shopping Festival, Taobao and Tmall's total GMV was in line with the performance last year during the same period. Initial fruits of the operation strategies outlined just now were seen during November 11. More than 600 million users engaged with our November 11 related contents, a single-digit growth year-on-year. Although, the total number of buyers declined compared to the same period last year, the average GMV per person increased.</p><p>Management also mentioned three factors which had a negative impact on the results. First, the warmer than usual temperature in China probably led to fewer people shopping online. Second, about 15% of delivery areas across China experienced abnormal or suspended logistic services, which had a negative effect. And finally, other merchants were also pushing hard on 11.11 and probably took away some market share from Alibaba.</p><h3>Headwinds</h3><p>While Alibaba is talking about a solid quarter, they are also acknowledging the difficulties for Alibaba during the last earnings call:</p><p>We delivered a solid quarter in a macro environment full of uncertainty. The ongoing resurgence of COVID-19, geopolitical tension, inflation, and currency depreciation, the convergence of all these forces that created considerable difficulties for business operations.</p><p>And one of the major problems in China is still COVID-19. Right now, numbers are increasing dramatically again – and we must assume this will have a negative impact on Alibaba in the current quarter as it creates huge challenges for logistics.</p><h3><img src=\"https://static.tigerbbs.com/e5809b3db2fbbe959366e7e5747713f2\" tg-width=\"640\" tg-height=\"451\" referrerpolicy=\"no-referrer\"/>Long-Term Growth</h3><p>Growth for Alibaba is clearly slowing down right now - as it does for almost every technology company around the world. As we must assume the low growth rates (or even declining numbers) will last for several quarters (maybe even a few years) this is a temporary headwind due to the economy slowing down and the looming recession. Nevertheless, I remain confident that the long-term outlook should be bullish, and Alibaba’s management is also optimistic about the growth potential of the different business sectors.</p><p><img src=\"https://static.tigerbbs.com/8dbac2dcf4e4f48e3d631c3a9120bab3\" tg-width=\"640\" tg-height=\"297\" referrerpolicy=\"no-referrer\"/>The highest growth rates might be achieved by the cloud business, where Alibaba is clear market leader in China. In 2021, Alibaba had a market share of 37% ahead of competitors Huawei – which has a market share of 18% - and Tencent (OTCPK:TCEHY) – which has a market share of 17%. And while I don’t think Alibaba will be able to gain market shares (as other, strong competitors are moving in the space), the public cloud market is expected to triple in the coming years – and Alibaba can achieve high growth rates by just keeping its market share stable. In a study about the Chinese cloud market, McKinsey writes:</p><p>To date, China’s cloud adoption has been led largely by consumer-facing companies, which need elastic, on-demand access to unlimited computing power to help them respond to huge fluctuations in customer demand. During China’s Singles’ Day shopping festival, for instance, e-commerce traffic, transactions, and gross merchandise volumes can reach up to 30 times normal daily levels. (…) Consumer-driven growth will remain an important driver of cloud adoption, but we believe the next wave of migration could be spearheaded by China’s critical industrial and manufacturing sectors.</p><p>But not only the cloud business of Alibaba can grow at a high pace. Its China commerce business, which is generating most of Alibaba’s revenue and responsible for its profitability, also has growth potential going forward – despite the declining Chinese population. While the population is declining, the share of Chinese population living in poverty is also declining. And I am already using the definitions of poverty adopted in upper-middle-income countries. In 2019, about 25% of population still lived in poverty in China (in urban areas only 16%). And with that percentage continuing to go down, the number of potential shoppers for Alibaba will increase.</p><p><img src=\"https://static.tigerbbs.com/baff5be28b9b9bfc4dfdd1e92c109996\" tg-width=\"640\" tg-height=\"451\" referrerpolicy=\"no-referrer\"/>In my last article about JD.com, Inc., I already mentioned that Chinese consumers are expected to shop more online in the years to come. According to an Accenture study about Chinese consumer insights, most people will either keep their personal frequency of online shopping unchanged (49%) or increase the frequency of online shopping (44%).</p><p><img src=\"https://static.tigerbbs.com/92ae88cd63f9723d8ed8ec370eebccf7\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/>And the same study is also showing that the per capita disposable income of urban residents is continuously increasing during the last decade. And even when per capita consumption expenditures declined slightly in 2020 (due to COVID-19), this number is also increasing with a steady pace.</p><p><img src=\"https://static.tigerbbs.com/2f02c27b7c2c4f411e620779d9dfe359\" tg-width=\"640\" tg-height=\"507\" referrerpolicy=\"no-referrer\"/>International Commerce is also expected to grow with a high pace. Alibaba is focusing on the South Asia e-commerce market, which is expected to grow with a high pace. The market size will increase with a CAGR of 27% between 2020 and 2025 to $260 billion (according to Alibaba’s Investor Day 2021 presentation). And Lazada is not only well-positioned, but it also continued to improve monetization rate and was also enhancing operating efficiency. Additionally, during the last quarter, loss per order for Lazada narrowed by 25% compared to the same quarter last year. And the International commerce segment is close to being profitable.</p><p>And finally, we should not forget the economic moat Alibaba has built around its business. During the last earnings call, management made the following statement:</p><p>After many years of operation, Taobao, Tmall is now deeply entrenched in our users' mind as the shopping destination. We are focused on user engagement on our platform by enhancing the customer journey across search, algorithm-driven discovery recommendations, live streaming and other engagement features (…)</p><p>Number two, we further consolidate the scale and the stickiness of our most valuable consumer group. For the 12 months ended December 30, 2022, the number of consumers who each spent over RMB 10,000 on top on Taobao and Tmall remain around 124 million with a retention rate of 98%. 88VIP membership population held steady at 25 million this quarter, with solid membership retention and growth in GMV contribution.</p><p>Number three, we improved consumer satisfaction by continually investing in customer service during and after services and the logistics service experiences, such as doorstep delivery of orders as required.</p><p>Alibaba clearly has a wide economic moat based on cost advantages – the company is one of the major e-commerce players in China and the cost advantages are hard to match by smaller competitors. Aside from cost advantages, Alibaba is also profiting from its brand name(s) and for its cloud business switching costs come into play. After choosing a cloud service it usually costs time and money (which businesses are not willing to spend) to move to a competitor – and this is creating a stickiness in favor of Alibaba.</p><h3>Share Repurchases</h3><p>In the last few quarters, Alibaba increased its share repurchase program, which was certainly a good move by Alibaba considering the steeply declining share price. Since June 2021 (15 months ago), the number of outstanding shares was decreased from 2,755 million to 2,646 million right now – resulting in a decline of 4%.</p><p><img src=\"https://static.tigerbbs.com/0af5c02ed6507d0f66fc07aaed807035\" tg-width=\"635\" tg-height=\"435\" referrerpolicy=\"no-referrer\"/>And it is good that Alibaba is buying back shares and the remaining $7 billion share repurchase program was extended by another $15 billion. But in my opinion, they should be more aggressive and use the cash reserves for share buybacks – at least in parts. On September 30, 2022, the company had RMB 206.7 billion in cash and cash equivalents as well as RMB 270.2 billion in short-term investments. At current share prices, the company could repurchase 32% of its outstanding shares and Alibaba should certainly not use all its liquid resources for share buybacks. But using cash to repurchase about 10% of outstanding shares would be a smart move in my opinion. Additionally, Alibaba is generating enough free cash flow annually to repurchase more than 10% of the outstanding shares (of course this will change with a higher share price).</p><h3>Intrinsic Value Calculation</h3><p>In every single one of my articles, I basically argued that Alibaba is undervalued. And I will stick to my guns – the company is undervalued and remains undervalued. Even when calculating with extremely cautious assumptions, Alibaba is clearly trading below its intrinsic value.</p><p>In the last two quarters, Alibaba generated a free cash flow of $8,137 million and in the last annual results the company reported a free cash flow of $15,597 million. As basis for our calculation, we therefore assume a free cash flow of $16 billion. And for the years to come, we assume 6% growth till perpetuity which leads to an intrinsic value of $151.23 for Alibaba.</p><p>And – like I said above – theses assumptions are extremely cautious. Not only did Alibaba report already much higher free cash flow numbers in the past (as high as $26 billion), it also reported much higher growth rates in the past. And for the years to come there are several growth drivers: First, Alibaba will be able to grow its top line again (see section above). Second, despite constantly declining margins in the past, the business will at some point be able to reduce the current high spendings on expansions and be more profitable again. And finally, Alibaba can use share buybacks (especially right now) and spend its cash on the balance sheet as well as the generated free cash flow to repurchase shares. This by itself is enough to lead to 6% growth right now.</p><p><img src=\"https://static.tigerbbs.com/66d4ee3047c7afdae4d9e6591ea506f8\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>And finally, we should not forget, that Alibaba is trading for a P/FCF ratio of 8.7 right now – although free cash flow declined almost 50% compared to previous levels. These are absurd valuation levels for a business as Alibaba – despite risks surrounding the business.</p><h3>Conclusion</h3><p>I know I have been wrong about Alibaba in the last few quarters. But first of all, the horrible stock performance of the last few quarters does not mean my thesis – which is based on the fundamentals of the business – is wrong. And second, investing is a marathon and not a sprint. I remain extremely bullish about Alibaba.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Candidate For The Record Book Of Mispriced Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Candidate For The Record Book Of Mispriced Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-29 23:24 GMT+8 <a href=https://seekingalpha.com/article/4561046-alibaba-candidate-for-the-record-book-of-mispriced-stocks><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWhile top line growth is now close to zero, Alibaba could increase operating income, earnings per share, and free cash flow at a high pace.Despite different risks continuing to exist for ...</p>\n\n<a href=\"https://seekingalpha.com/article/4561046-alibaba-candidate-for-the-record-book-of-mispriced-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4561046-alibaba-candidate-for-the-record-book-of-mispriced-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1173876241","content_text":"SummaryWhile top line growth is now close to zero, Alibaba could increase operating income, earnings per share, and free cash flow at a high pace.Despite different risks continuing to exist for Alibaba, the growth potential for the different business segments remains high.Alibaba is focusing on share buybacks, which is a good move considering its deeply undervalued share price.I must be honest. So far, my investment in as well as my articles about Alibaba Group Holding Limited (NYSE:BABA) have been nothing but a catastrophe. Since my last article, the stock price declined 31% and since the article in January 2022, the stock declined 37%. I built my position in Alibaba over time but so far, I didn’t make any money. I also must admit that I did not expect Alibaba to decline so steeply. At least when getting close to $100, I assumed we hit the bottom and could not imagine Alibaba declining lower.However, my long-term investment thesis did not change. I am still long-term bullish about Alibaba and in my opinion the market is completely mispricing the stock and just focusing on the risks while completely ignoring the cash generating business and existing growth potential.Quarterly ResultsAbout two weeks ago, Alibaba reported second quarter results for fiscal 2022. And while it missed on revenue expectations by $490 million, it could beat earnings per ADS by $0.17. When looking at the quarterly results, I will report the numbers in Renminbi.Although growth slowed down, Alibaba could still increase revenue from RMB 200,690 million in the same quarter last year to RMB 207,176 million this quarter resulting in 3.2% year-over-year growth. Adjusted EBITDA increased from RMB 34,840 million in Q2/21 to RMB 43,311 million in Q2/22 – resulting in 24.3% year-over-year growth. And finally, diluted earnings per share almost quadrupled from RMB 0.25 in the same quarter last year to RMB 0.97 this quarter. When looking at non-GAAP diluted earnings per share, we saw an increase of 15% YoY from RMB 1.40 in the same quarter last year to RMB 1.61 this quarter. And finally, free cash flow increased from RMB 22,239 million in Q2/21 to RMB 35,709 million in Q2/22 – resulting in 60.6% year-over-year growth.When looking at the different segments, the biggest part of revenue is still stemming from China commerce, which generated RMB 135,431 million in revenue (a decline of 1% year-over-year). This segment is responsible for the biggest part of adjusted EBITDA (RMB 43,980 million). International Commerce could generate RMB 15,747 million in revenue, resulting in 4% YoY growth and Local Consumer Services generated revenue of RMB 13,073 million resulting in 21% YoY growth. However, both segments are still not profitable and generated negative EBITDA. Cloud could generate RMB 20,757 million in revenue (increasing 4% year-over-year growth) and adjusted EBITDA was RMB 434 million. Cainiao could generate revenue of RMB 13,367 million resulting in 36% year-over-year growth and after reporting a loss of in the same quarter last year the segment reported an adjusted EBITDA of RMB 125 million. And finally, Digital media and entertainment could generate RMB 8,392 million in revenue (resulting in 4% YoY growth). However, the segment was also not profitable.Additionally, growth from its 11.11 Global Shopping Event slowed down as well and Alibaba could only report results in line with last year’s gross merchandise volume performance. During the last earnings call, Alibaba also commented on the last Singles Day:During our recent 11.11 Global Shopping Festival, Taobao and Tmall's total GMV was in line with the performance last year during the same period. Initial fruits of the operation strategies outlined just now were seen during November 11. More than 600 million users engaged with our November 11 related contents, a single-digit growth year-on-year. Although, the total number of buyers declined compared to the same period last year, the average GMV per person increased.Management also mentioned three factors which had a negative impact on the results. First, the warmer than usual temperature in China probably led to fewer people shopping online. Second, about 15% of delivery areas across China experienced abnormal or suspended logistic services, which had a negative effect. And finally, other merchants were also pushing hard on 11.11 and probably took away some market share from Alibaba.HeadwindsWhile Alibaba is talking about a solid quarter, they are also acknowledging the difficulties for Alibaba during the last earnings call:We delivered a solid quarter in a macro environment full of uncertainty. The ongoing resurgence of COVID-19, geopolitical tension, inflation, and currency depreciation, the convergence of all these forces that created considerable difficulties for business operations.And one of the major problems in China is still COVID-19. Right now, numbers are increasing dramatically again – and we must assume this will have a negative impact on Alibaba in the current quarter as it creates huge challenges for logistics.Long-Term GrowthGrowth for Alibaba is clearly slowing down right now - as it does for almost every technology company around the world. As we must assume the low growth rates (or even declining numbers) will last for several quarters (maybe even a few years) this is a temporary headwind due to the economy slowing down and the looming recession. Nevertheless, I remain confident that the long-term outlook should be bullish, and Alibaba’s management is also optimistic about the growth potential of the different business sectors.The highest growth rates might be achieved by the cloud business, where Alibaba is clear market leader in China. In 2021, Alibaba had a market share of 37% ahead of competitors Huawei – which has a market share of 18% - and Tencent (OTCPK:TCEHY) – which has a market share of 17%. And while I don’t think Alibaba will be able to gain market shares (as other, strong competitors are moving in the space), the public cloud market is expected to triple in the coming years – and Alibaba can achieve high growth rates by just keeping its market share stable. In a study about the Chinese cloud market, McKinsey writes:To date, China’s cloud adoption has been led largely by consumer-facing companies, which need elastic, on-demand access to unlimited computing power to help them respond to huge fluctuations in customer demand. During China’s Singles’ Day shopping festival, for instance, e-commerce traffic, transactions, and gross merchandise volumes can reach up to 30 times normal daily levels. (…) Consumer-driven growth will remain an important driver of cloud adoption, but we believe the next wave of migration could be spearheaded by China’s critical industrial and manufacturing sectors.But not only the cloud business of Alibaba can grow at a high pace. Its China commerce business, which is generating most of Alibaba’s revenue and responsible for its profitability, also has growth potential going forward – despite the declining Chinese population. While the population is declining, the share of Chinese population living in poverty is also declining. And I am already using the definitions of poverty adopted in upper-middle-income countries. In 2019, about 25% of population still lived in poverty in China (in urban areas only 16%). And with that percentage continuing to go down, the number of potential shoppers for Alibaba will increase.In my last article about JD.com, Inc., I already mentioned that Chinese consumers are expected to shop more online in the years to come. According to an Accenture study about Chinese consumer insights, most people will either keep their personal frequency of online shopping unchanged (49%) or increase the frequency of online shopping (44%).And the same study is also showing that the per capita disposable income of urban residents is continuously increasing during the last decade. And even when per capita consumption expenditures declined slightly in 2020 (due to COVID-19), this number is also increasing with a steady pace.International Commerce is also expected to grow with a high pace. Alibaba is focusing on the South Asia e-commerce market, which is expected to grow with a high pace. The market size will increase with a CAGR of 27% between 2020 and 2025 to $260 billion (according to Alibaba’s Investor Day 2021 presentation). And Lazada is not only well-positioned, but it also continued to improve monetization rate and was also enhancing operating efficiency. Additionally, during the last quarter, loss per order for Lazada narrowed by 25% compared to the same quarter last year. And the International commerce segment is close to being profitable.And finally, we should not forget the economic moat Alibaba has built around its business. During the last earnings call, management made the following statement:After many years of operation, Taobao, Tmall is now deeply entrenched in our users' mind as the shopping destination. We are focused on user engagement on our platform by enhancing the customer journey across search, algorithm-driven discovery recommendations, live streaming and other engagement features (…)Number two, we further consolidate the scale and the stickiness of our most valuable consumer group. For the 12 months ended December 30, 2022, the number of consumers who each spent over RMB 10,000 on top on Taobao and Tmall remain around 124 million with a retention rate of 98%. 88VIP membership population held steady at 25 million this quarter, with solid membership retention and growth in GMV contribution.Number three, we improved consumer satisfaction by continually investing in customer service during and after services and the logistics service experiences, such as doorstep delivery of orders as required.Alibaba clearly has a wide economic moat based on cost advantages – the company is one of the major e-commerce players in China and the cost advantages are hard to match by smaller competitors. Aside from cost advantages, Alibaba is also profiting from its brand name(s) and for its cloud business switching costs come into play. After choosing a cloud service it usually costs time and money (which businesses are not willing to spend) to move to a competitor – and this is creating a stickiness in favor of Alibaba.Share RepurchasesIn the last few quarters, Alibaba increased its share repurchase program, which was certainly a good move by Alibaba considering the steeply declining share price. Since June 2021 (15 months ago), the number of outstanding shares was decreased from 2,755 million to 2,646 million right now – resulting in a decline of 4%.And it is good that Alibaba is buying back shares and the remaining $7 billion share repurchase program was extended by another $15 billion. But in my opinion, they should be more aggressive and use the cash reserves for share buybacks – at least in parts. On September 30, 2022, the company had RMB 206.7 billion in cash and cash equivalents as well as RMB 270.2 billion in short-term investments. At current share prices, the company could repurchase 32% of its outstanding shares and Alibaba should certainly not use all its liquid resources for share buybacks. But using cash to repurchase about 10% of outstanding shares would be a smart move in my opinion. Additionally, Alibaba is generating enough free cash flow annually to repurchase more than 10% of the outstanding shares (of course this will change with a higher share price).Intrinsic Value CalculationIn every single one of my articles, I basically argued that Alibaba is undervalued. And I will stick to my guns – the company is undervalued and remains undervalued. Even when calculating with extremely cautious assumptions, Alibaba is clearly trading below its intrinsic value.In the last two quarters, Alibaba generated a free cash flow of $8,137 million and in the last annual results the company reported a free cash flow of $15,597 million. As basis for our calculation, we therefore assume a free cash flow of $16 billion. And for the years to come, we assume 6% growth till perpetuity which leads to an intrinsic value of $151.23 for Alibaba.And – like I said above – theses assumptions are extremely cautious. Not only did Alibaba report already much higher free cash flow numbers in the past (as high as $26 billion), it also reported much higher growth rates in the past. And for the years to come there are several growth drivers: First, Alibaba will be able to grow its top line again (see section above). Second, despite constantly declining margins in the past, the business will at some point be able to reduce the current high spendings on expansions and be more profitable again. And finally, Alibaba can use share buybacks (especially right now) and spend its cash on the balance sheet as well as the generated free cash flow to repurchase shares. This by itself is enough to lead to 6% growth right now.And finally, we should not forget, that Alibaba is trading for a P/FCF ratio of 8.7 right now – although free cash flow declined almost 50% compared to previous levels. These are absurd valuation levels for a business as Alibaba – despite risks surrounding the business.ConclusionI know I have been wrong about Alibaba in the last few quarters. But first of all, the horrible stock performance of the last few quarters does not mean my thesis – which is based on the fundamentals of the business – is wrong. And second, investing is a marathon and not a sprint. I remain extremely bullish about Alibaba.","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927872166,"gmtCreate":1672456764556,"gmtModify":1676538693898,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9927872166","repostId":"2295181713","repostType":4,"repost":{"id":"2295181713","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1672441484,"share":"https://ttm.financial/m/news/2295181713?lang=&edition=fundamental","pubTime":"2022-12-31 07:04","market":"us","language":"en","title":"US STOCKS-Wall St Ends 2022 With Biggest Annual Drop Since 2008","url":"https://stock-news.laohu8.com/highlight/detail?id=2295181713","media":"Reuters","summary":"Wall St booked biggest annual percentage drop since 2008S&P market cap declined by about $8 billion ","content":"<html><head></head><body><ul><li>Wall St booked biggest annual percentage drop since 2008</li><li>S&P market cap declined by about $8 billion in 2022</li><li>Indexes down: Dow 0.22%, S&P 500 0.25%, Nasdaq 0.11%</li></ul><p>U.S. stocks closed out 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.</p><p>Wall Street's three main indexes booked their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s.</p><p>The benchmark S&P 500 has shed 19.4% this year, marking a roughly $8 trillion decline in market cap. The tech-heavy Nasdaq is down 33.1%, while the Dow Jones Industrial Average has fallen 8.9%.</p><p>The annual percentage declines for all three indexes were the biggest since the 2008 financial crisis, largely driven by a rout in growth shares as concerns over Fed's rapid interest rate hikes boost U.S. Treasury yields.</p><p>"The primary macro reasons ... came from a combination of events: the ongoing supply chain disruption that started in 2020, the spike in inflation, the tardiness of the Fed beginning its rate tightening program in the attempt to corral the inflation," said Sam Stovall, chief investment strategist at CFRA Research.</p><p>He also cited economic indicators pointing to recession, geopolitical tensions including the Ukraine war, and China's surging COVID cases and uncertainties over Taiwan.</p><p>Growth stocks have been under pressure from rising yields for much of 2022 and have underperformed their economically linked value peers, reversing a trend that had lasted for much of the past decade.</p><p>Apple Inc, Alphabet Inc, Microsoft Corp, Nvidia Corp, Amazon.com Inc, Tesla Inc are among the worst drags on the S&P 500 growth index , down between 28% and 66% in 2022.</p><p>The S&P 500 growth index has fallen about 30.1% this year, while the value index is down 7.4%, with investors preferring high dividend-yielding sectors with steady earnings such as energy.</p><p>Energy has recorded stellar annual gains of 59% as oil prices surged.</p><p>Ten of the 11 S&P sector indexes dropped on Friday, led by real estate and utilities.</p><p>"The housing market has really slowed down and the values of people's homes have declined off of the highs earlier this year," said J. Bryant Evans, investment advisor and portfolio manager at Cozad Asset Management in Champaign, Illinois.</p><p>"That affects people's mind frame and actually affects their spending a little bit."</p><p>The focus has shifted to the 2023 corporate earnings outlook, with growing concerns about the likelihood of a recession.</p><p>Still, signs of U.S. economic resilience have fueled worries that rates could remain higher, though easing inflationary pressures have raised hopes of dialed-down rate hikes.</p><p>Money market participants see 65% odds of a 25-basis-point hike in the Fed's February meeting, with rates expected to peak at 4.97% by mid-2023.</p><p>The Dow Jones Industrial Average fell 73.55 points, or 0.22%, to 33,147.25; the S&P 500 lost 9.78 points, or 0.25%, at 3,839.50; and the Nasdaq Composite dropped 11.61 points, or 0.11%, to 10,466.48.</p><p>Volume on U.S. exchanges was 8.50 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancers on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored decliners.</p><p>The S&P 500 posted no new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 134 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Ends 2022 With Biggest Annual Drop Since 2008</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Ends 2022 With Biggest Annual Drop Since 2008\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-31 07:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Wall St booked biggest annual percentage drop since 2008</li><li>S&P market cap declined by about $8 billion in 2022</li><li>Indexes down: Dow 0.22%, S&P 500 0.25%, Nasdaq 0.11%</li></ul><p>U.S. stocks closed out 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.</p><p>Wall Street's three main indexes booked their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s.</p><p>The benchmark S&P 500 has shed 19.4% this year, marking a roughly $8 trillion decline in market cap. The tech-heavy Nasdaq is down 33.1%, while the Dow Jones Industrial Average has fallen 8.9%.</p><p>The annual percentage declines for all three indexes were the biggest since the 2008 financial crisis, largely driven by a rout in growth shares as concerns over Fed's rapid interest rate hikes boost U.S. Treasury yields.</p><p>"The primary macro reasons ... came from a combination of events: the ongoing supply chain disruption that started in 2020, the spike in inflation, the tardiness of the Fed beginning its rate tightening program in the attempt to corral the inflation," said Sam Stovall, chief investment strategist at CFRA Research.</p><p>He also cited economic indicators pointing to recession, geopolitical tensions including the Ukraine war, and China's surging COVID cases and uncertainties over Taiwan.</p><p>Growth stocks have been under pressure from rising yields for much of 2022 and have underperformed their economically linked value peers, reversing a trend that had lasted for much of the past decade.</p><p>Apple Inc, Alphabet Inc, Microsoft Corp, Nvidia Corp, Amazon.com Inc, Tesla Inc are among the worst drags on the S&P 500 growth index , down between 28% and 66% in 2022.</p><p>The S&P 500 growth index has fallen about 30.1% this year, while the value index is down 7.4%, with investors preferring high dividend-yielding sectors with steady earnings such as energy.</p><p>Energy has recorded stellar annual gains of 59% as oil prices surged.</p><p>Ten of the 11 S&P sector indexes dropped on Friday, led by real estate and utilities.</p><p>"The housing market has really slowed down and the values of people's homes have declined off of the highs earlier this year," said J. Bryant Evans, investment advisor and portfolio manager at Cozad Asset Management in Champaign, Illinois.</p><p>"That affects people's mind frame and actually affects their spending a little bit."</p><p>The focus has shifted to the 2023 corporate earnings outlook, with growing concerns about the likelihood of a recession.</p><p>Still, signs of U.S. economic resilience have fueled worries that rates could remain higher, though easing inflationary pressures have raised hopes of dialed-down rate hikes.</p><p>Money market participants see 65% odds of a 25-basis-point hike in the Fed's February meeting, with rates expected to peak at 4.97% by mid-2023.</p><p>The Dow Jones Industrial Average fell 73.55 points, or 0.22%, to 33,147.25; the S&P 500 lost 9.78 points, or 0.25%, at 3,839.50; and the Nasdaq Composite dropped 11.61 points, or 0.11%, to 10,466.48.</p><p>Volume on U.S. exchanges was 8.50 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancers on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored decliners.</p><p>The S&P 500 posted no new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 134 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2295181713","content_text":"Wall St booked biggest annual percentage drop since 2008S&P market cap declined by about $8 billion in 2022Indexes down: Dow 0.22%, S&P 500 0.25%, Nasdaq 0.11%U.S. stocks closed out 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China.Wall Street's three main indexes booked their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s.The benchmark S&P 500 has shed 19.4% this year, marking a roughly $8 trillion decline in market cap. The tech-heavy Nasdaq is down 33.1%, while the Dow Jones Industrial Average has fallen 8.9%.The annual percentage declines for all three indexes were the biggest since the 2008 financial crisis, largely driven by a rout in growth shares as concerns over Fed's rapid interest rate hikes boost U.S. Treasury yields.\"The primary macro reasons ... came from a combination of events: the ongoing supply chain disruption that started in 2020, the spike in inflation, the tardiness of the Fed beginning its rate tightening program in the attempt to corral the inflation,\" said Sam Stovall, chief investment strategist at CFRA Research.He also cited economic indicators pointing to recession, geopolitical tensions including the Ukraine war, and China's surging COVID cases and uncertainties over Taiwan.Growth stocks have been under pressure from rising yields for much of 2022 and have underperformed their economically linked value peers, reversing a trend that had lasted for much of the past decade.Apple Inc, Alphabet Inc, Microsoft Corp, Nvidia Corp, Amazon.com Inc, Tesla Inc are among the worst drags on the S&P 500 growth index , down between 28% and 66% in 2022.The S&P 500 growth index has fallen about 30.1% this year, while the value index is down 7.4%, with investors preferring high dividend-yielding sectors with steady earnings such as energy.Energy has recorded stellar annual gains of 59% as oil prices surged.Ten of the 11 S&P sector indexes dropped on Friday, led by real estate and utilities.\"The housing market has really slowed down and the values of people's homes have declined off of the highs earlier this year,\" said J. Bryant Evans, investment advisor and portfolio manager at Cozad Asset Management in Champaign, Illinois.\"That affects people's mind frame and actually affects their spending a little bit.\"The focus has shifted to the 2023 corporate earnings outlook, with growing concerns about the likelihood of a recession.Still, signs of U.S. economic resilience have fueled worries that rates could remain higher, though easing inflationary pressures have raised hopes of dialed-down rate hikes.Money market participants see 65% odds of a 25-basis-point hike in the Fed's February meeting, with rates expected to peak at 4.97% by mid-2023.The Dow Jones Industrial Average fell 73.55 points, or 0.22%, to 33,147.25; the S&P 500 lost 9.78 points, or 0.25%, at 3,839.50; and the Nasdaq Composite dropped 11.61 points, or 0.11%, to 10,466.48.Volume on U.S. exchanges was 8.50 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancers on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored decliners.The S&P 500 posted no new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 134 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966212695,"gmtCreate":1669551487117,"gmtModify":1676538206737,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9966212695","repostId":"1170146184","repostType":4,"repost":{"id":"1170146184","kind":"news","pubTimestamp":1669522674,"share":"https://ttm.financial/m/news/1170146184?lang=&edition=fundamental","pubTime":"2022-11-27 12:17","market":"us","language":"en","title":"3 Tech Stocks You Can Count on in This Uncertain Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1170146184","media":"InvestorPlace","summary":"Here are three top-quality tech stocks investors can count on in the long term.Apple(AAPL): Warren B","content":"<html><head></head><body><ul><li>Here are three top-quality tech stocks investors can count on in the long term.</li><li><b>Apple</b>(<b>AAPL</b>): Warren Buffett continues to buy because of its economic moat.</li><li><b>Advanced Micro Devices</b>(<b>AMD</b>): Analysts love this beaten-down tech name.</li><li><b>Nvidia</b>(<b>NVDA</b>): The bad news is already priced into downed stocks like Nvidia.</li></ul><p>2022 was a tough one for tech stocks. Most were walloped with higher interest rates, fears of aggressive rate hikes, geopolitical issues, economic concerns, and fed-up consumers. It chased even the sanest investors from the market. While it’s impossible to find a risk-free investment, some are safer than others – especially if they’re leaders in their sectors, with wide economic moats.</p><p>In fact, one of the best ways to spot strong tech stocks is to follow the Warren Buffett model, which is to invest in simple companies that are easy to understand; companies with predictable and proven earnings; companies that can be bought at a reasonable price; and companies with“economic moat,”or a unique advantage over its competition. Seeing that Warren Buffett is now worth about $108.2 billion, it’s a safe bet he knows a thing or two about safe investing.</p><p><b>Apple (AAPL)</b></p><p>With a diversified revenue stream, and an ability to adapt to new consumer trends, <b>Apple</b> (NASDAQ:<b>AAPL</b>) will always be one of the strong tech stocks to bet on. Even Warren Buffett once said he continues to invest in Apple because of its brand, ecosystem, and strong economic moat.</p><p>In addition, we have to consider that Apple is a global leader in innovation. Just look at the iPhone alone. First introduced to the public in 2007, it’s now one of the most popular mobile phones in the world, with a growing market share. Better, earnings have been solid.</p><p>The company just beat expectations on revenue and profits, and it showed that global demand for its products is still high. In its fourth quarter, the company’s revenue was up 8% to $90 billion. Mac sales were up 25% to $11.5 billion in the quarter. iPhone sales were up 10% to $42.6 billion. Operating income was up by 5% to $25 billion. EPS was up 4% to $1.29, putting it above expectations for $1.27.</p><p>Also, analysts, such as Deutsche Bank’s Sidney Ho, say Apple is trading at a reasonable valuation and has a buy rating with a price target of $175. Apple also carries a dividend yield of 0.66%, and it’s been aggressive with stock buybacks.</p><p><b>Tech Stocks: Advanced Micro Devices (AMD)</b></p><p><b>Advanced Micro Devices</b> (NASDAQ: <b>AMD</b>) was butchered for most of the year. But that’ll happen when most of the tech stock sector is dragging just about everything lower. However, after falling from about $150 to a low of about $60, the AMD stock is showing strong signs of life. With patience, I’d like to see the AMD stock run from its current price of $75.25 to $120 in the near term.</p><p>Analysts like the AMD stock, too. UBS upgraded AMD to a buy rating with a price target of $95 a share. Baird analyst Tristan Gerra also just upgraded the beaten-down tech name to outperform with a price target of $100. He believes the company’s newest Genoa chips could widen the company’s competitive moat. Credit Suisse analyst Chris Caso also initiated coverage of AMD with an outperform rating, with a price target of $90.</p><p>Piper Sandler analyst Harsh Kumar is also overweight on the stock, with a price target of $90. He added that earnings appear to be bottoming and that PC inventory should start to clear out in the early part of 2023. In addition, he believes AMD is a great way to trade the server uptrend and cloud strength.</p><p><b>Tech Stocks: Nvidia (NVDA)</b></p><p>While <b>Nvidia</b> (NASDAQ:<b>NVDA</b>) was cut in half this year, it’s still one quality, safe name investors can count on. For one, the company makes the chips that are used to power some of the world’s most advanced technologies, including gaming, supercomputing, the cloud, artificial intelligence, machine learning, virtual reality, augmented reality, autonomous driving, etc. Again, NVDA was destroyed in 2022. But it’s still a high-quality name to count on.</p><p>Better, it’s also getting a jump on the Industrial Omniverse, which is already being used by major companies, like <b>Lowe’s</b> (NYSE:LOW), <b>BMW</b>(OTCMKTS:BMWYY), <b>Siemens</b>(OTCMKTS:SIEGY), and <b>Lockheed Martin</b> (NYSE:LMT).</p><p>Analysts, like Credit Suisse’s Chris Casso, say there’s been enough bad news for semiconductors to lower the risk of investing. The firm also said Nvidia was one of its top picks thanks to its strength in artificial intelligence, computing, and data centers. Better, the firm now has an outperform rating on the stock, with a $210 price target. Piper Sandler analyst Harsh Kumar also sees a near-term turnaround for Nvidia and has an overweight rating on the stock. For me, from a current price of $160.38, I’d like to see the stock run back to $195 by the first half of the New Year.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Tech Stocks You Can Count on in This Uncertain Market</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 Tech Stocks You Can Count on in This Uncertain Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-27 12:17 GMT+8 <a href=https://investorplace.com/2022/11/3-tech-stocks-you-can-count-on-in-this-uncertain-market/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Here are three top-quality tech stocks investors can count on in the long term.Apple(AAPL): Warren Buffett continues to buy because of its economic moat.Advanced Micro Devices(AMD): Analysts love this...</p>\n\n<a href=\"https://investorplace.com/2022/11/3-tech-stocks-you-can-count-on-in-this-uncertain-market/\">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","NVDA":"英伟达","AMD":"美国超微公司"},"source_url":"https://investorplace.com/2022/11/3-tech-stocks-you-can-count-on-in-this-uncertain-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170146184","content_text":"Here are three top-quality tech stocks investors can count on in the long term.Apple(AAPL): Warren Buffett continues to buy because of its economic moat.Advanced Micro Devices(AMD): Analysts love this beaten-down tech name.Nvidia(NVDA): The bad news is already priced into downed stocks like Nvidia.2022 was a tough one for tech stocks. Most were walloped with higher interest rates, fears of aggressive rate hikes, geopolitical issues, economic concerns, and fed-up consumers. It chased even the sanest investors from the market. While it’s impossible to find a risk-free investment, some are safer than others – especially if they’re leaders in their sectors, with wide economic moats.In fact, one of the best ways to spot strong tech stocks is to follow the Warren Buffett model, which is to invest in simple companies that are easy to understand; companies with predictable and proven earnings; companies that can be bought at a reasonable price; and companies with“economic moat,”or a unique advantage over its competition. Seeing that Warren Buffett is now worth about $108.2 billion, it’s a safe bet he knows a thing or two about safe investing.Apple (AAPL)With a diversified revenue stream, and an ability to adapt to new consumer trends, Apple (NASDAQ:AAPL) will always be one of the strong tech stocks to bet on. Even Warren Buffett once said he continues to invest in Apple because of its brand, ecosystem, and strong economic moat.In addition, we have to consider that Apple is a global leader in innovation. Just look at the iPhone alone. First introduced to the public in 2007, it’s now one of the most popular mobile phones in the world, with a growing market share. Better, earnings have been solid.The company just beat expectations on revenue and profits, and it showed that global demand for its products is still high. In its fourth quarter, the company’s revenue was up 8% to $90 billion. Mac sales were up 25% to $11.5 billion in the quarter. iPhone sales were up 10% to $42.6 billion. Operating income was up by 5% to $25 billion. EPS was up 4% to $1.29, putting it above expectations for $1.27.Also, analysts, such as Deutsche Bank’s Sidney Ho, say Apple is trading at a reasonable valuation and has a buy rating with a price target of $175. Apple also carries a dividend yield of 0.66%, and it’s been aggressive with stock buybacks.Tech Stocks: Advanced Micro Devices (AMD)Advanced Micro Devices (NASDAQ: AMD) was butchered for most of the year. But that’ll happen when most of the tech stock sector is dragging just about everything lower. However, after falling from about $150 to a low of about $60, the AMD stock is showing strong signs of life. With patience, I’d like to see the AMD stock run from its current price of $75.25 to $120 in the near term.Analysts like the AMD stock, too. UBS upgraded AMD to a buy rating with a price target of $95 a share. Baird analyst Tristan Gerra also just upgraded the beaten-down tech name to outperform with a price target of $100. He believes the company’s newest Genoa chips could widen the company’s competitive moat. Credit Suisse analyst Chris Caso also initiated coverage of AMD with an outperform rating, with a price target of $90.Piper Sandler analyst Harsh Kumar is also overweight on the stock, with a price target of $90. He added that earnings appear to be bottoming and that PC inventory should start to clear out in the early part of 2023. In addition, he believes AMD is a great way to trade the server uptrend and cloud strength.Tech Stocks: Nvidia (NVDA)While Nvidia (NASDAQ:NVDA) was cut in half this year, it’s still one quality, safe name investors can count on. For one, the company makes the chips that are used to power some of the world’s most advanced technologies, including gaming, supercomputing, the cloud, artificial intelligence, machine learning, virtual reality, augmented reality, autonomous driving, etc. Again, NVDA was destroyed in 2022. But it’s still a high-quality name to count on.Better, it’s also getting a jump on the Industrial Omniverse, which is already being used by major companies, like Lowe’s (NYSE:LOW), BMW(OTCMKTS:BMWYY), Siemens(OTCMKTS:SIEGY), and Lockheed Martin (NYSE:LMT).Analysts, like Credit Suisse’s Chris Casso, say there’s been enough bad news for semiconductors to lower the risk of investing. The firm also said Nvidia was one of its top picks thanks to its strength in artificial intelligence, computing, and data centers. Better, the firm now has an outperform rating on the stock, with a $210 price target. Piper Sandler analyst Harsh Kumar also sees a near-term turnaround for Nvidia and has an overweight rating on the stock. For me, from a current price of $160.38, I’d like to see the stock run back to $195 by the first half of the New Year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962287134,"gmtCreate":1669783817629,"gmtModify":1676538242665,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9962287134","repostId":"2287859746","repostType":4,"repost":{"id":"2287859746","kind":"highlight","pubTimestamp":1669768217,"share":"https://ttm.financial/m/news/2287859746?lang=&edition=fundamental","pubTime":"2022-11-30 08:30","market":"us","language":"en","title":"\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX","url":"https://stock-news.laohu8.com/highlight/detail?id=2287859746","media":"The Sydney Morning Herald","summary":"When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam","content":"<html><head></head><body><p>When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.</p><p>But his attempt to calm the situation belied what had just taken place within the company. As the crisis unfolded, a group of FTX lawyers and executives moved to strip authority from Bankman-Fried and urged the company’s top leaders to prepare for bankruptcy. For days, Bankman-Fried ignored their warnings and clung to power, seemingly convinced that he could save the firm, despite mounting evidence to the contrary.</p><p><img src=\"https://static.tigerbbs.com/7817164bdd32445ac4f1e4197abf2ee9\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>Before his empire fell, FTX founder Sam Bankman-Fried had agreed to several deals that are now in limbo, including the purchase of Voyager.Credit:Bloomberg</p><p>“The exchanges must be halted immediately,” Ryne Miller, a top FTX lawyer, wrote in an email to Bankman-Fried and other staff November 10. “The founding team is not currently in a cooperative posture.”</p><p>Bankman-Fried eventually relented, stepping down as FTX’s chief executive and authorising the company to file for bankruptcy. Dozens of pages of internal company emails and texts obtained by <i>The New York Times</i> offer a detailed look at those chaotic final days, as messages flew back and forth among FTX officials who seemed to be growing increasingly irritated with the 30-year-old founder.</p><p>Throughout, Bankman-Fried appeared deluded about FTX’s prospects, insisting that he could find a way to keep the company running, the documents show. A day before the bankruptcy filing, he told employees that he was trying to raise new funding, and as recently as last week he said he regretted authorising the bankruptcy.</p><p>The messages reviewed by <i>The Times</i> and interviews with insiders show how a small group of lawyers and executives struggled to get through to Bankman-Fried, even appealing to his father as they pressed their case. While Bankman-Fried was scrambling to line up investors, Miller sent a text to top staff describing the prospect of a fundraise as “0% likelihood.”</p><p>The push and pull continued into the early hours of November 11, when Miller sent a series of messages urging Bankman-Fried to sign papers so the company could file for bankruptcy.</p><p>“Please can you sign the document,” he wrote at 2:29 a.m.</p><p>FTX’s implosion has set off one of the worst upheavals in the history of crypto. Until this month, Bankman-Fried was regarded as one of the few trustworthy figures in a freewheeling, loosely regulated industry. He built a business empire, invested in smaller crypto firms and lobbied aggressively in Washington.</p><p>Now his actions are devastating the industry. Hundreds of thousands of customers stored their funds on FTX, which provided a marketplace for people to buy and sell digital coins; the exchange owes its creditors an estimated $US8 billion ($12 billion). And since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure, as fears grow that the collapse could cause other companies to fail. On Monday, the crypto lender BlockFi filed for bankruptcy, citing the fallout from FTX’s disintegration.</p><p><img src=\"https://static.tigerbbs.com/32f2132b7d404efd1ddccd3bc0e6eb7d\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>The FTX saga has left the entire industry crypto industry rattled. Credit:Getty</p><p>The legal ramifications are only beginning to take shape. Justice Department prosecutors are investigating FTX’s downfall, focusing on whether the exchange broke the law by lending its customers’ funds to the hedge fund Alameda Research, which Bankman-Fried also founded and owned. In bankruptcy court, FTX’s new chief executive has harshly criticised Bankman-Fried’s management of the company, calling it a “complete failure of corporate control.”</p><p>Reached by phone Sunday night, Bankman-Fried declined to address the messages that top executives exchanged leading up to the bankruptcy filing. But he said that even after FTX’s collapse, he had found “numerous parties” willing to invest funds. He declined to name any of the possible investors.</p><p>Miller and an FTX spokesman declined to comment.</p><p>The crisis began November 8, when Bankman-Fried announced that a run on deposits at FTX had forced him to sell the company to one of its bitterest rivals, Binance. For about a day, the deal raised the prospect that FTX could survive as part of a giant exchange run by Binance. But after reviewing FTX’s financial records, Binance pulled out of the agreement, citing issues with “corporate due diligence.”</p><p>“Sam, I’m sorry,” Binance’s founder, Changpeng Zhao, wrote in a text message to Bankman-Fried. “But we won’t be able to continue this deal. Way too many issues. CZ.”</p><p>With FTX swiftly unravelling, Miller tried to seize control of the situation. A former lawyer for the Commodity Futures Trading Commission, Miller had served as general counsel of FTX’s U.S. arm since August 2021. While he never belonged to Bankman-Fried’s main circle of advisers in the Bahamas, where FTX was based, he had accompanied the young executive in meetings with regulators in Washington.</p><p>Early in the crisis, Caroline Ellison, the chief executive of Alameda, wrote in a group chat with Miller that she was “kinda worried that everyone is gonna quit/take time off,” adding an emoticon of a sweating face. Miller responded November 9 that FTX needed “a professional manager vested with decision-making authority.”</p><p>That afternoon, Miller asked Bankman-Fried and two other executives to shut down trading on FTX’s platforms</p><p>“Who can turn off the websites?” he asked in a group chat at 4:41 p.m.</p><p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> minutes later, he got a response from Constance Wang, FTX’s chief operating officer and one of Bankman-Fried’s top lieutenants.</p><p>“Ryne, I love you,” she wrote, “but I don’t want to stop trying yet.”</p><p>Miller and other FTX executives also urged Bankman-Fried to give up some control of his business empire. At one point, Zach Dexter, an executive who worked on FTX’s American business, asked Bankman-Fried to delegate authority over US operations to him and Miller. In an exchange on the messaging system Slack, Bankman-Fried at first appeared to dodge Dexter’s question. Instead, he responded with proposed language for a banner on FTX’s US website.</p><p><img src=\"https://static.tigerbbs.com/116265319d5567b7160bed4ca533e339\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>Since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure,Credit:AP</p><p>Soon other FTX officials joined in, urging Bankman-Fried to forgo some control.</p><p>But Bankman-Fried seemed convinced he could save FTX. In a message to employees November 10, he announced that he was hoping to secure new financing from crypto entrepreneur Justin Sun. FTX had “a lot theoretically in and/or potentially for the raise,” he wrote.</p><p>Behind the scenes, pressure was growing to appoint a new executive to lead the exchange. On the night of November 9, Andrew Dietderich, a lawyer at Sullivan & Cromwell, sent FTX executives the resume of John Jay Ray III, a corporate turnaround expert who had led the unwinding of Enron after the energy company’s collapse in an accounting scandal in 2001.</p><p>“Sam this is an excellent pick and I wholeheartedly hope you sign this tonight,” Dexter wrote in an email on the evening of November 10. “The faster John is in place, the faster the company can resolve issues that require urgent progress.”</p><p>A flurry of emails followed. In a message at 3:38 a.m. on November 11, Miller asked for an update on Bankman-Fried’s decision.</p><p>“I am chatting with Sam,” responded Ken Ziman, a lawyer at the firm Paul Weiss who was representing Bankman-Fried.</p><p>Ten minutes later, Ziman confirmed that Bankman-Fried had signed the document, authorising Ray to take over FTX. The company filed for bankruptcy a few hours later.</p><p>Bankman-Fried was also frustrated. Despite giving up control of FTX, he continued contacting possible investors about new funding for the exchange. In a letter to former colleagues last week, he said he regretted filing for bankruptcy, claiming that “potential interest in billions of dollars of funding came in roughly eight minutes after I signed the Chapter 11 docs.”</p><p>He presented no evidence for that claim, and in any case, FTX was no longer his company to run. On the morning of November 11, Miller moved quickly to make that clear, requesting the deletion of information about the firm’s old leadership from its website.</p><p>“Who can go to FTX.com and FTX US and remove the pictures and bios of the people under ‘about,’” he asked in a group chat with other executives.</p></body></html>","source":"smh_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>\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-30 08:30 GMT+8 <a href=https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html><strong>The Sydney Morning Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.But his attempt to calm the ...</p>\n\n<a href=\"https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287859746","content_text":"When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.But his attempt to calm the situation belied what had just taken place within the company. As the crisis unfolded, a group of FTX lawyers and executives moved to strip authority from Bankman-Fried and urged the company’s top leaders to prepare for bankruptcy. For days, Bankman-Fried ignored their warnings and clung to power, seemingly convinced that he could save the firm, despite mounting evidence to the contrary.Before his empire fell, FTX founder Sam Bankman-Fried had agreed to several deals that are now in limbo, including the purchase of Voyager.Credit:Bloomberg“The exchanges must be halted immediately,” Ryne Miller, a top FTX lawyer, wrote in an email to Bankman-Fried and other staff November 10. “The founding team is not currently in a cooperative posture.”Bankman-Fried eventually relented, stepping down as FTX’s chief executive and authorising the company to file for bankruptcy. Dozens of pages of internal company emails and texts obtained by The New York Times offer a detailed look at those chaotic final days, as messages flew back and forth among FTX officials who seemed to be growing increasingly irritated with the 30-year-old founder.Throughout, Bankman-Fried appeared deluded about FTX’s prospects, insisting that he could find a way to keep the company running, the documents show. A day before the bankruptcy filing, he told employees that he was trying to raise new funding, and as recently as last week he said he regretted authorising the bankruptcy.The messages reviewed by The Times and interviews with insiders show how a small group of lawyers and executives struggled to get through to Bankman-Fried, even appealing to his father as they pressed their case. While Bankman-Fried was scrambling to line up investors, Miller sent a text to top staff describing the prospect of a fundraise as “0% likelihood.”The push and pull continued into the early hours of November 11, when Miller sent a series of messages urging Bankman-Fried to sign papers so the company could file for bankruptcy.“Please can you sign the document,” he wrote at 2:29 a.m.FTX’s implosion has set off one of the worst upheavals in the history of crypto. Until this month, Bankman-Fried was regarded as one of the few trustworthy figures in a freewheeling, loosely regulated industry. He built a business empire, invested in smaller crypto firms and lobbied aggressively in Washington.Now his actions are devastating the industry. Hundreds of thousands of customers stored their funds on FTX, which provided a marketplace for people to buy and sell digital coins; the exchange owes its creditors an estimated $US8 billion ($12 billion). And since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure, as fears grow that the collapse could cause other companies to fail. On Monday, the crypto lender BlockFi filed for bankruptcy, citing the fallout from FTX’s disintegration.The FTX saga has left the entire industry crypto industry rattled. Credit:GettyThe legal ramifications are only beginning to take shape. Justice Department prosecutors are investigating FTX’s downfall, focusing on whether the exchange broke the law by lending its customers’ funds to the hedge fund Alameda Research, which Bankman-Fried also founded and owned. In bankruptcy court, FTX’s new chief executive has harshly criticised Bankman-Fried’s management of the company, calling it a “complete failure of corporate control.”Reached by phone Sunday night, Bankman-Fried declined to address the messages that top executives exchanged leading up to the bankruptcy filing. But he said that even after FTX’s collapse, he had found “numerous parties” willing to invest funds. He declined to name any of the possible investors.Miller and an FTX spokesman declined to comment.The crisis began November 8, when Bankman-Fried announced that a run on deposits at FTX had forced him to sell the company to one of its bitterest rivals, Binance. For about a day, the deal raised the prospect that FTX could survive as part of a giant exchange run by Binance. But after reviewing FTX’s financial records, Binance pulled out of the agreement, citing issues with “corporate due diligence.”“Sam, I’m sorry,” Binance’s founder, Changpeng Zhao, wrote in a text message to Bankman-Fried. “But we won’t be able to continue this deal. Way too many issues. CZ.”With FTX swiftly unravelling, Miller tried to seize control of the situation. A former lawyer for the Commodity Futures Trading Commission, Miller had served as general counsel of FTX’s U.S. arm since August 2021. While he never belonged to Bankman-Fried’s main circle of advisers in the Bahamas, where FTX was based, he had accompanied the young executive in meetings with regulators in Washington.Early in the crisis, Caroline Ellison, the chief executive of Alameda, wrote in a group chat with Miller that she was “kinda worried that everyone is gonna quit/take time off,” adding an emoticon of a sweating face. Miller responded November 9 that FTX needed “a professional manager vested with decision-making authority.”That afternoon, Miller asked Bankman-Fried and two other executives to shut down trading on FTX’s platforms“Who can turn off the websites?” he asked in a group chat at 4:41 p.m.Two minutes later, he got a response from Constance Wang, FTX’s chief operating officer and one of Bankman-Fried’s top lieutenants.“Ryne, I love you,” she wrote, “but I don’t want to stop trying yet.”Miller and other FTX executives also urged Bankman-Fried to give up some control of his business empire. At one point, Zach Dexter, an executive who worked on FTX’s American business, asked Bankman-Fried to delegate authority over US operations to him and Miller. In an exchange on the messaging system Slack, Bankman-Fried at first appeared to dodge Dexter’s question. Instead, he responded with proposed language for a banner on FTX’s US website.Since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure,Credit:APSoon other FTX officials joined in, urging Bankman-Fried to forgo some control.But Bankman-Fried seemed convinced he could save FTX. In a message to employees November 10, he announced that he was hoping to secure new financing from crypto entrepreneur Justin Sun. FTX had “a lot theoretically in and/or potentially for the raise,” he wrote.Behind the scenes, pressure was growing to appoint a new executive to lead the exchange. On the night of November 9, Andrew Dietderich, a lawyer at Sullivan & Cromwell, sent FTX executives the resume of John Jay Ray III, a corporate turnaround expert who had led the unwinding of Enron after the energy company’s collapse in an accounting scandal in 2001.“Sam this is an excellent pick and I wholeheartedly hope you sign this tonight,” Dexter wrote in an email on the evening of November 10. “The faster John is in place, the faster the company can resolve issues that require urgent progress.”A flurry of emails followed. In a message at 3:38 a.m. on November 11, Miller asked for an update on Bankman-Fried’s decision.“I am chatting with Sam,” responded Ken Ziman, a lawyer at the firm Paul Weiss who was representing Bankman-Fried.Ten minutes later, Ziman confirmed that Bankman-Fried had signed the document, authorising Ray to take over FTX. The company filed for bankruptcy a few hours later.Bankman-Fried was also frustrated. Despite giving up control of FTX, he continued contacting possible investors about new funding for the exchange. In a letter to former colleagues last week, he said he regretted filing for bankruptcy, claiming that “potential interest in billions of dollars of funding came in roughly eight minutes after I signed the Chapter 11 docs.”He presented no evidence for that claim, and in any case, FTX was no longer his company to run. On the morning of November 11, Miller moved quickly to make that clear, requesting the deletion of information about the firm’s old leadership from its website.“Who can go to FTX.com and FTX US and remove the pictures and bios of the people under ‘about,’” he asked in a group chat with other executives.","news_type":1},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943830797,"gmtCreate":1679327662119,"gmtModify":1679327665956,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Google, Microsoft, Apple, Tesla are top contenders in this AI wave brought forth by ChatGPT.","listText":"Google, Microsoft, Apple, Tesla are top contenders in this AI wave brought forth by ChatGPT.","text":"Google, Microsoft, Apple, Tesla are top contenders in this AI wave brought forth by ChatGPT.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9943830797","isVote":1,"tweetType":1,"viewCount":866,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4142388464722912","authorId":"4142388464722912","name":"MichaelDe","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"4142388464722912","authorIdStr":"4142388464722912"},"content":"Facts. To the moon[Money Mafia]","text":"Facts. To the moon[Money Mafia]","html":"Facts. To the moon[Money Mafia]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925669249,"gmtCreate":1672017050381,"gmtModify":1676538621571,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9925669249","repostId":"1192326933","repostType":4,"repost":{"id":"1192326933","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1672011741,"share":"https://ttm.financial/m/news/1192326933?lang=&edition=fundamental","pubTime":"2022-12-26 07:42","market":"us","language":"en","title":"Reminder: U.S. Market Will be Closed for Christmas Day on Monday, 26 December 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1192326933","media":"Tiger Newspress","summary":"U.S. ChristmasDay hasarrived. The U.S. market will be closed on Monday, 26 December 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in ","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f9c0d643f9647f8bf16257138dcbed8a\" tg-width=\"1200\" tg-height=\"602\" referrerpolicy=\"no-referrer\"/></p><p>U.S. Christmas Day has arrived. The U.S. market will be closed on Monday, 26 December 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p>The Singapore market will be closed at local time on Monday, 26 December 2022.</p><p>The Hong Kong market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022.</p><p>The Australian market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.</p><p>The New Zealand market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: U.S. Market Will be Closed for Christmas Day on Monday, 26 December 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: U.S. Market Will be Closed for Christmas Day on Monday, 26 December 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-12-26 07:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f9c0d643f9647f8bf16257138dcbed8a\" tg-width=\"1200\" tg-height=\"602\" referrerpolicy=\"no-referrer\"/></p><p>U.S. Christmas Day has arrived. The U.S. market will be closed on Monday, 26 December 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p>The Singapore market will be closed at local time on Monday, 26 December 2022.</p><p>The Hong Kong market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022.</p><p>The Australian market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.</p><p>The New Zealand market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192326933","content_text":"U.S. Christmas Day has arrived. The U.S. market will be closed on Monday, 26 December 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.The Singapore market will be closed at local time on Monday, 26 December 2022.The Hong Kong market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022.The Australian market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.The New Zealand market will be closed at local time on Monday, 26 December 2022 and Tuesday, 27 December 2022 in addition to the Boxing Day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928044408,"gmtCreate":1671156202504,"gmtModify":1676538500603,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9928044408","repostId":"2291153000","repostType":4,"repost":{"id":"2291153000","kind":"news","pubTimestamp":1671152835,"share":"https://ttm.financial/m/news/2291153000?lang=&edition=fundamental","pubTime":"2022-12-16 09:07","market":"us","language":"en","title":"Stock Market Traders Discover That Bad News Is Bad After All","url":"https://stock-news.laohu8.com/highlight/detail?id=2291153000","media":"Bloomberg","summary":"Concern is growth and what will happen to economy: MahajanThe bottom isn’t in yet for the market, sa","content":"<html><head></head><body><ul><li>Concern is growth and what will happen to economy: Mahajan</li><li>The bottom isn’t in yet for the market, says Lovell at UBS</li></ul><p>Order is being restored in financial markets, a frightening development for equity bulls.</p><p>For the first time in a long time, news that was bad for the economy was bad for the stock market as well, more proof that recession fear has replaced inflation angst as that market’s biggest bugaboo. That bonds took the news in stride is nice for investors with a toe in each market, but adds to evidence that concern about the economy has become the bigger input to both.</p><p>Rather than rise on speculation that weak data would curb Federal Reserve tightening, the S&P 500 dropped 2.5% on Thursday, while the Nasdaq 100 lost 3.4%. Small-cap stocks lost more than 2.5% and the VIX volatility gauge shot back above 22. The yield on 10-year Treasuries hovered around 3.45%, down from a peak of 3.63% earlier this week.</p><p>“The concern is growth and what’s going to happen to the economy, and is the Fed pushing us into recession,” Mona Mahajan, senior investment strategist at Edward Jones, said on Bloomberg’s “What Goes Up” podcast on Thursday. “Markets won’t ignore the fact that we’re entering a downturn — and so could we head back toward those lows, give up some of the gains that we’ve seen recently? We think that is certainly a scenario that is a credible one.”</p><p><img src=\"https://static.tigerbbs.com/53d23fd0d5e7c8cff39bf6af275f2547\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>In months prior, bad economic news was often taken as good by investors because it suggested the Federal Reserve’s interest-rate increases were working as intended to cool the economy and tamp down inflation. But now a shift may be at hand: Many investors are worrying more about a recession in 2023, with the risk increasing that the Fed could overtighten.</p><p>Data Thursday suggested US economic growth is slowing, with retail sales and manufacturing dropping last month, though the labor market has remained strong. Retail sales fell in November by the most in nearly a year, calling into question the health of the consumer, while several factory measures also showed contraction, burdened by weaker demand, among other things. Meanwhile, regional Federal Reserve banks data showed that manufacturing weakened in both the New York and Philadelphia regions by more than expected — the latter’s new orders gauge fell to the lowest since the onset of the pandemic.</p><p>“Investors took their eye off the ball and were hoping for a glide path into the holidays,” said Mike Bailey, director of research at FBB Capital Partners. “Markets are realizing that we are in for a staring contest between Jay Powell and investors that could go on for three, six, or nine months.” He added that yields on short-term Treasuries rose Thursday, while those on longer-term ones declined, “which would support a theme of a hawkish Fed move near-term, pushing rates up, but also leading to perhaps a worse recession, which might suggest slower long-term growth and lower long rates.”</p><p>The iShares 20+ Year Treasury Bond ETF, known by its ticker TLT, is on pace to beat the SPDR S&P 500 ETF Trust (SPY) for five straight weeks, the longest winning streak since March of 2020. The Treasury fund is outperforming the latter by nearly 10 percentage points in December, poised for its best month since that period as well.</p><p>On Wednesday, the Fed raised its benchmark rate by 50 basis points to a 4.25%-to-4.5% target range and policymakers predicted rates would end next year at 5.1%, a higher level than previously indicated. Chair Jerome Powell reiterated that the central bank would keep rates higher for longer, and played down hopes for a rate cut next year.</p><p>The Fed also, among other projections, updated its forecast for the unemployment rate, saying it could rise to 4.6% next year — and such a hike from July’s trough of 3.5% “has never not caused a recession,” wrote Julian Emanuel, chief equity, derivatives and quantitative strategist at Evercore ISI, who added that no bear market has ever bottomed before a recession has started. Emanuel recommends a defensive position as the first half of 2023 could remain volatile still.</p><p>“The pullback in the market today — we aren’t surprised by it,” Nadia Lovell, UBS Global Wealth Management senior US equity strategist, told Bloomberg Television on Thursday. “This is a market that has traded on the hope that the Fed will not do what they say they will do. Yesterday they sent a clearly different message.”</p><p>“The risk is to the upside. That is what the market is grappling with today,” Lovell added. “We don’t yet think the bottom is into this market. You’ll probably see it in the first half of the year.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Market Traders Discover That Bad News Is Bad After All</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Market Traders Discover That Bad News Is Bad After All\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-16 09:07 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-12-15/stock-market-traders-discover-that-bad-news-is-bad-after-all?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Concern is growth and what will happen to economy: MahajanThe bottom isn’t in yet for the market, says Lovell at UBSOrder is being restored in financial markets, a frightening development for equity ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-15/stock-market-traders-discover-that-bad-news-is-bad-after-all?srnd=premium\">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","BK4111":"出版","BK4585":"ETF&股票定投概念",".IXIC":"NASDAQ Composite","BK4166":"消费信贷",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-15/stock-market-traders-discover-that-bad-news-is-bad-after-all?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2291153000","content_text":"Concern is growth and what will happen to economy: MahajanThe bottom isn’t in yet for the market, says Lovell at UBSOrder is being restored in financial markets, a frightening development for equity bulls.For the first time in a long time, news that was bad for the economy was bad for the stock market as well, more proof that recession fear has replaced inflation angst as that market’s biggest bugaboo. That bonds took the news in stride is nice for investors with a toe in each market, but adds to evidence that concern about the economy has become the bigger input to both.Rather than rise on speculation that weak data would curb Federal Reserve tightening, the S&P 500 dropped 2.5% on Thursday, while the Nasdaq 100 lost 3.4%. Small-cap stocks lost more than 2.5% and the VIX volatility gauge shot back above 22. The yield on 10-year Treasuries hovered around 3.45%, down from a peak of 3.63% earlier this week.“The concern is growth and what’s going to happen to the economy, and is the Fed pushing us into recession,” Mona Mahajan, senior investment strategist at Edward Jones, said on Bloomberg’s “What Goes Up” podcast on Thursday. “Markets won’t ignore the fact that we’re entering a downturn — and so could we head back toward those lows, give up some of the gains that we’ve seen recently? We think that is certainly a scenario that is a credible one.”In months prior, bad economic news was often taken as good by investors because it suggested the Federal Reserve’s interest-rate increases were working as intended to cool the economy and tamp down inflation. But now a shift may be at hand: Many investors are worrying more about a recession in 2023, with the risk increasing that the Fed could overtighten.Data Thursday suggested US economic growth is slowing, with retail sales and manufacturing dropping last month, though the labor market has remained strong. Retail sales fell in November by the most in nearly a year, calling into question the health of the consumer, while several factory measures also showed contraction, burdened by weaker demand, among other things. Meanwhile, regional Federal Reserve banks data showed that manufacturing weakened in both the New York and Philadelphia regions by more than expected — the latter’s new orders gauge fell to the lowest since the onset of the pandemic.“Investors took their eye off the ball and were hoping for a glide path into the holidays,” said Mike Bailey, director of research at FBB Capital Partners. “Markets are realizing that we are in for a staring contest between Jay Powell and investors that could go on for three, six, or nine months.” He added that yields on short-term Treasuries rose Thursday, while those on longer-term ones declined, “which would support a theme of a hawkish Fed move near-term, pushing rates up, but also leading to perhaps a worse recession, which might suggest slower long-term growth and lower long rates.”The iShares 20+ Year Treasury Bond ETF, known by its ticker TLT, is on pace to beat the SPDR S&P 500 ETF Trust (SPY) for five straight weeks, the longest winning streak since March of 2020. The Treasury fund is outperforming the latter by nearly 10 percentage points in December, poised for its best month since that period as well.On Wednesday, the Fed raised its benchmark rate by 50 basis points to a 4.25%-to-4.5% target range and policymakers predicted rates would end next year at 5.1%, a higher level than previously indicated. Chair Jerome Powell reiterated that the central bank would keep rates higher for longer, and played down hopes for a rate cut next year.The Fed also, among other projections, updated its forecast for the unemployment rate, saying it could rise to 4.6% next year — and such a hike from July’s trough of 3.5% “has never not caused a recession,” wrote Julian Emanuel, chief equity, derivatives and quantitative strategist at Evercore ISI, who added that no bear market has ever bottomed before a recession has started. Emanuel recommends a defensive position as the first half of 2023 could remain volatile still.“The pullback in the market today — we aren’t surprised by it,” Nadia Lovell, UBS Global Wealth Management senior US equity strategist, told Bloomberg Television on Thursday. “This is a market that has traded on the hope that the Fed will not do what they say they will do. Yesterday they sent a clearly different message.”“The risk is to the upside. That is what the market is grappling with today,” Lovell added. “We don’t yet think the bottom is into this market. You’ll probably see it in the first half of the year.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921347300,"gmtCreate":1670984014401,"gmtModify":1676538471258,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9921347300","repostId":"1139883493","repostType":4,"repost":{"id":"1139883493","kind":"news","pubTimestamp":1670980450,"share":"https://ttm.financial/m/news/1139883493?lang=&edition=fundamental","pubTime":"2022-12-14 09:14","market":"us","language":"en","title":"Fed to Downshift to Half-Point Hike But Point to Higher Peak","url":"https://stock-news.laohu8.com/highlight/detail?id=1139883493","media":"Bloomberg","summary":"Fed officials are expected to raise rates by 50 basis pointsFresh projections could shed light on ho","content":"<html><head></head><body><ul><li>Fed officials are expected to raise rates by 50 basis points</li><li>Fresh projections could shed light on how high rates may go</li></ul><p>The Federal Reserve is poised to moderate its aggressive tightening on Wednesday while signaling that interest rates will ultimately go higher than previously forecast.</p><p>The tricky part for Chair Jerome Powell will be convincing investors that this isn’t a dovish pivot and that officials won’t prematurely end their assault against inflation that’s running three times higher than their 2% goal.</p><p>The Federal Open Market Committee is widely expected to raise rates by 50 basis points and bring its benchmark target rate to a range of 4.25% to 4.5%, the highest since 2007. Fresh quarterly economic projections released after the meeting will also shed light on how much further policymakers expect rates to go.</p><p>Economists surveyed by Bloomberg see that median estimate peaking at 4.9% after Powell said they will need to lift rates higher than previously anticipated. That implies the FOMC stepping down to 25 basis-point moves in February and March and then putting policy on pause. Investors see things the same way, according to current pricing in interest-rate futures markets.</p><p>The decision, as well as the forecasts, will be announced at 2 p.m. in Washington. Powell will hold a press conference 30 minutes later.</p><p><img src=\"https://static.tigerbbs.com/09990cf4428c3d4cf8dcde939b151e00\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Consumer-price data released Tuesday suggest the worst of US inflation may have passed, making it easier for officials to downshift to a smaller rate increase this week. But Powell could use his press conference to remind the public that officials are not going to let up until inflation is clearly on a path back down to 2%.</p><p>“All eyes will be on the dot plot and the conference and what Fed Chair Powell will be telling us in terms of the path for interest rates going forward,” said Lydia Boussour, senior economist for EY Parthenon, referring to the quarterly projections for rates displayed as a chart of anonymous dots though 2025 and in the longer run.</p><h2>Future Rate Path</h2><p>At their September meeting, Fed officials saw rates reaching 4.6% by the end of next year. But policymakers say those expectations have since moved up following economic data showing that while inflation is easing, it remains stubbornly high.</p><p>Officials also say the labor market is still out of balance, with demand for workers exceeding labor supply and wage growth not letting up.</p><p>The projections will offer insight on policymakers’ latest views for where they expect rates to go. But the Fed chief is unlikely to commit to a specific path, preferring to keep his options open, said Michael Pugliese, an economist at Wells Fargo & Co.</p><p>“I think they’ll preserve flexibility,” he said.</p><h2>Conditions for Pause</h2><p>The rate projections could offer clues on how soon officials expect to pause the rate increases. For example, a more modest increase in the terminal rate may suggest that officials could stop hiking rates as soon as March, while a higher peak may suggest that rate increases could continue further into next year, said Tim Duy, chief U.S. economist for SGH Macro Advisors.</p><p>But he said it will also be important to hear from Powell about how officials will know that it’s time to pause the rate increases or if they should keep hiking.</p><p>“They’ve been edging closer to something that they think is a terminal rate and that appears to be something near 5%,” said Duy. “What conditions would sort of reinforce that?”</p><h2>‘Ongoing’ Increases?</h2><p>One key phrase to watch for in the FOMC statement is whether officials continue to say that “ongoing increases in the target range will be appropriate” to bring rates to a level that is sufficiently restrictive to reduce inflation.</p><p>Removing the word “ongoing” could send a dovish signal and suggest that the Fed is likely to pause rate increases in March, sooner than expected, according to Roberto Perli and Benson Durham of Piper Sandler & Co.</p><p>However, Fed officials could also decide to keep the “ongoing increases” wording in the statement for the remainder of the hiking cycle to avoid sending a signal that could ease financial conditions, said Derek Tang, an economist with LH Meyer.</p><p>“There’s little cost to them to keep ‘ongoing increases’ in there until the first meeting with no hike,” Tang wrote in an email note.</p><h2>Economic Pain</h2><p>The projections will also reveal what officials expect to see from the US economy in terms of growth, the unemployment rate and inflation. Forecasts showing that officials now expect it to take longer for inflation to come down to their target could help to justify their higher interest-rate projections, said James Knightley, chief international economist for ING.</p><p><img src=\"https://static.tigerbbs.com/aa9440bed9d42f2a1aea754f85ebc642\" tg-width=\"933\" tg-height=\"646\" referrerpolicy=\"no-referrer\"/></p><p>Policymakers could downgrade their outlook for next year, projecting lower economic growth that is closer to zero and a higher unemployment rate that is approaching 5%, up from the current rate of 3.7%, said EY Parthenon’s Boussour.</p><p>“I think there will be that idea coming out of the new projections that the Fed is ready to tolerate some more economic pain in order to restore price stability,” she said.</p><h2>Soft Landing Odds</h2><p>Even if officials present a base case that avoids a recession, the direction of where those indicators are headed can offer insight on how officials view recession risks, said Pugliese.</p><p>Powell could use the press conference to tell the public that officials believe there is still a path, albeit a narrower one, for a achieving a soft landing, where they succeed in bringing inflation down while minimizing the pain for households, said Knightley.</p><p>“I think the Fed will be saying, ‘well recession is a possibility, but it’s not our base case,’” he said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed to Downshift to Half-Point Hike But Point to Higher Peak</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\">\nFed to Downshift to Half-Point Hike But Point to Higher Peak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-14 09:14 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-12-14/fed-decision-day-guide-officials-to-downshift-rate-hikes-aim-for-higher-peak><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials are expected to raise rates by 50 basis pointsFresh projections could shed light on how high rates may goThe Federal Reserve is poised to moderate its aggressive tightening on Wednesday ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-14/fed-decision-day-guide-officials-to-downshift-rate-hikes-aim-for-higher-peak\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-14/fed-decision-day-guide-officials-to-downshift-rate-hikes-aim-for-higher-peak","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139883493","content_text":"Fed officials are expected to raise rates by 50 basis pointsFresh projections could shed light on how high rates may goThe Federal Reserve is poised to moderate its aggressive tightening on Wednesday while signaling that interest rates will ultimately go higher than previously forecast.The tricky part for Chair Jerome Powell will be convincing investors that this isn’t a dovish pivot and that officials won’t prematurely end their assault against inflation that’s running three times higher than their 2% goal.The Federal Open Market Committee is widely expected to raise rates by 50 basis points and bring its benchmark target rate to a range of 4.25% to 4.5%, the highest since 2007. Fresh quarterly economic projections released after the meeting will also shed light on how much further policymakers expect rates to go.Economists surveyed by Bloomberg see that median estimate peaking at 4.9% after Powell said they will need to lift rates higher than previously anticipated. That implies the FOMC stepping down to 25 basis-point moves in February and March and then putting policy on pause. Investors see things the same way, according to current pricing in interest-rate futures markets.The decision, as well as the forecasts, will be announced at 2 p.m. in Washington. Powell will hold a press conference 30 minutes later.Consumer-price data released Tuesday suggest the worst of US inflation may have passed, making it easier for officials to downshift to a smaller rate increase this week. But Powell could use his press conference to remind the public that officials are not going to let up until inflation is clearly on a path back down to 2%.“All eyes will be on the dot plot and the conference and what Fed Chair Powell will be telling us in terms of the path for interest rates going forward,” said Lydia Boussour, senior economist for EY Parthenon, referring to the quarterly projections for rates displayed as a chart of anonymous dots though 2025 and in the longer run.Future Rate PathAt their September meeting, Fed officials saw rates reaching 4.6% by the end of next year. But policymakers say those expectations have since moved up following economic data showing that while inflation is easing, it remains stubbornly high.Officials also say the labor market is still out of balance, with demand for workers exceeding labor supply and wage growth not letting up.The projections will offer insight on policymakers’ latest views for where they expect rates to go. But the Fed chief is unlikely to commit to a specific path, preferring to keep his options open, said Michael Pugliese, an economist at Wells Fargo & Co.“I think they’ll preserve flexibility,” he said.Conditions for PauseThe rate projections could offer clues on how soon officials expect to pause the rate increases. For example, a more modest increase in the terminal rate may suggest that officials could stop hiking rates as soon as March, while a higher peak may suggest that rate increases could continue further into next year, said Tim Duy, chief U.S. economist for SGH Macro Advisors.But he said it will also be important to hear from Powell about how officials will know that it’s time to pause the rate increases or if they should keep hiking.“They’ve been edging closer to something that they think is a terminal rate and that appears to be something near 5%,” said Duy. “What conditions would sort of reinforce that?”‘Ongoing’ Increases?One key phrase to watch for in the FOMC statement is whether officials continue to say that “ongoing increases in the target range will be appropriate” to bring rates to a level that is sufficiently restrictive to reduce inflation.Removing the word “ongoing” could send a dovish signal and suggest that the Fed is likely to pause rate increases in March, sooner than expected, according to Roberto Perli and Benson Durham of Piper Sandler & Co.However, Fed officials could also decide to keep the “ongoing increases” wording in the statement for the remainder of the hiking cycle to avoid sending a signal that could ease financial conditions, said Derek Tang, an economist with LH Meyer.“There’s little cost to them to keep ‘ongoing increases’ in there until the first meeting with no hike,” Tang wrote in an email note.Economic PainThe projections will also reveal what officials expect to see from the US economy in terms of growth, the unemployment rate and inflation. Forecasts showing that officials now expect it to take longer for inflation to come down to their target could help to justify their higher interest-rate projections, said James Knightley, chief international economist for ING.Policymakers could downgrade their outlook for next year, projecting lower economic growth that is closer to zero and a higher unemployment rate that is approaching 5%, up from the current rate of 3.7%, said EY Parthenon’s Boussour.“I think there will be that idea coming out of the new projections that the Fed is ready to tolerate some more economic pain in order to restore price stability,” she said.Soft Landing OddsEven if officials present a base case that avoids a recession, the direction of where those indicators are headed can offer insight on how officials view recession risks, said Pugliese.Powell could use the press conference to tell the public that officials believe there is still a path, albeit a narrower one, for a achieving a soft landing, where they succeed in bringing inflation down while minimizing the pain for households, said Knightley.“I think the Fed will be saying, ‘well recession is a possibility, but it’s not our base case,’” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959476687,"gmtCreate":1673059058650,"gmtModify":1676538782020,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959476687","repostId":"2301724633","repostType":4,"repost":{"id":"2301724633","kind":"news","pubTimestamp":1673050754,"share":"https://ttm.financial/m/news/2301724633?lang=&edition=fundamental","pubTime":"2023-01-07 08:19","market":"us","language":"en","title":"Apple Stock: Buy Below $100?","url":"https://stock-news.laohu8.com/highlight/detail?id=2301724633","media":"Seeking Alpha","summary":"SummaryApple's market cap dipped below $2tn in trading for the first time since early 2021. We conti","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple's market cap dipped below $2tn in trading for the first time since early 2021. We continue to be hold-rated on Apple.</li><li>We expect Apple stock will drop to $100 as the company cleans up the mess of production disruptions in China.</li><li>We believe it's time to bring up the discussion of Apple diversifying its production away from China; we expect to see Apple shift away from a China-centered production toward 2024.</li><li>Despite China's reopening efforts, we expect Apple to still be pressured in the near term by risks of increased COVID cases causing worker shortages.</li><li>Hence, we recommend investors wait for a better entry point on Apple stock.</li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/478be11c7cf08bafb87068aae2a76fa8\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>Scott Olson/Getty Images News</span></p><p>We see our expectations of Apple (NASDAQ:AAPL) stock materialize and hence maintain our hold rating. Apple was the first public tech company valued at $3tn, and on Tuesday fell below $2tn in trading for the first time since 2021. Weexpect Apple to continue facing churn as it deals with the aftermath of supply chain issues in China. In late November, management warned of significant disruption just before the holiday season, forecasting subdued sales growth around Christmas, amounting to 8%. Despite China's efforts to rapidly move away from lockdown restrictions, our biggest concern for Apple is still the geographic concentration of iPhone production in China and a potential shortage of workers due to China lifting COVID regulations. We believe Apple will experience a bumpy first half of 2023. We recommend investors avoid buying the dip just yet as we forecast more downside ahead.</p><p>We expect Apple stock to fall below $100 per share. The stock has already dropped nearly 18% since we first published our hold rating in mid-September. The following graph outlines our rating history on Apple over the past year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3a94dc450cdc6fe299b0a963005e9ee\" tg-width=\"640\" tg-height=\"187\" width=\"100%\" height=\"auto\"/><span>SeekingAlpha</span></p><p><b>Time to discuss diversifying production: Exiting China</b></p><p>Despite China's efforts to move away from lockdown restrictions, we still don't believe Apple is out of the woods. Apple is working on resorting production after the Foxconn factory went through a series of turmoil from COVID restrictions to worker protests. Apple heavily relies on Chinese Foxconn for 90% of planned production capacity, and we believe Apple's geographic concentration of production has caught up to it over the past several months. The wait time for Apple's latest iPhone models, 14 Pro and 14 Pro Max, in the U.S. reached up to 34 days before Christmas. We expect the slowed-down production to reflect negatively on Apple's earnings in 1Q23. Wedbush Securities analyst Daniel Ives estimates the production disruptions to have cost Apple roughly $1bn a week in November from losses in iPhone sales.</p><p>Despite Foxconn now shipping at 90% of peak capacity, we don't believe Apple will easily compensate for the losses created near the end of 2022. We expect the downside of production issues in China to cause the stock to drop below $100 per share. Our bearish sentiment on Apple in the first half of 2023 is based on the belief that the consequences of production disruptions are still pressuring the company. Additionally, we believe China's reopening creates a new risk for Apple's factories: potential worker shortages in factories across the country. Bindiya Vakil, Chief executive of a California-based group that tracks supply-chain services, reported expecting "a lot of operations get impacted by absenteeism, not just at factories, but a warehouse, distribution, logistics and transportation facilities as well." We expect the next couple of months will be defining for Apple to be able to restore production smoothly and make up for the shortcomings of 2022.</p><p><b>Plans to move more production to India</b></p><p>Apple announced plans tomove more productionand assembly processes to India in 2024. Foxconn announced it would invest $500 mn in an Indian subsidiary to help boost operational capacity. Apple already produces iPhone models in India since 2017; we expect production outside of China to increase as Apple and other global firms adopt a "plus-one strategy" to de-risk themselves from overly relying on China for production.</p><p>Apple is expected to move around 5% of the production of its latest iPhone 14 to India, the second-largest smartphone market after China. Additionally, the company is expected by JP Morgan analysts to move a quarter of all Apple products' production to India by 2025. We're constructive on Apple's efforts to diversify production but believe these plans are too late to save Apple from the impact of production issues that occurred late last year.</p><p><b>Valuation</b></p><p>Apple stock is not cheap, trading at 18.5x C2024 EPS $6.83 on a P/E basis compared to the peer group average of 16.8x. On an EV/Sales metric, the stock is trading at 4.8x versus the peer group average of 4.0x. We believe Apple is overvalued for the near-term risks present and recommend investors wait for a better entry point on the stock.</p><p>The following table outlines Apple's valuation compared to the peer group.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/710a8d9d5e73027c6b117b567a7866da\" tg-width=\"640\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>TechStockPros</span></p><p><b>Word on Wall Street</b></p><p>Wall Street is bullish on Apple. Of the 41 analysts covering the stock, 33 are buy-rated, seven are hold-rated, and the remaining are sell-rated. We believe most Wall Street analysts maintain a buy-rating on the stock due to the belief that Apple will be able to weather supply chain issues resulting from China's supply-chain disruptions. The stock is currently trading at $126. The median and mean sell-side price targets are $175, with a potential upside of 39%.</p><p>The following table outlines Apple's sell-side rating and price targets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c363a45422366e463159055274ebe76\" tg-width=\"560\" tg-height=\"273\" width=\"100%\" height=\"auto\"/><span>TechStockPros</span></p><p><b>What to do with the stock</b></p><p>We believe Apple is weighed down by the aftermath of production issues in China alongside weaker-than-expected consumer demand in its strongest market hold in the U.S. We expect the stock to continue to drop further by nearly 21% to trading at $100 per share. Hence, we don't expect the company to grow meaningfully in the near term. We're constructive on Apple in the longer term as it plans to outsource more production to India toward 2024. Nevertheless, we expect Apple's 1Q23 earnings scheduled for early February to reflect the negatives of the holiday season and pull the stock down further. We recommend investors wait on the sideline for the downside to being factored in.</p><p>This article is written by Tech Stock Pros for reference only. Please note the risks.</p></body></html>","source":"seekingalpha_fund","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 Stock: Buy Below $100?</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 Stock: Buy Below $100?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-07 08:19 GMT+8 <a href=https://seekingalpha.com/article/4568211-aapl-stock-investors-wait-better-entry-point-hold><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple's market cap dipped below $2tn in trading for the first time since early 2021. We continue to be hold-rated on Apple.We expect Apple stock will drop to $100 as the company cleans up the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4568211-aapl-stock-investors-wait-better-entry-point-hold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","AAPL":"苹果","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4553":"喜马拉雅资本持仓","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","BK4571":"数字音乐概念","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0056508442.USD":"贝莱德世界科技基金A2","BK4576":"AR","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4566":"资本集团","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4575":"芯片概念","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4512":"苹果概念","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","BK4559":"巴菲特持仓","BK4501":"段永平概念","BK4550":"红杉资本持仓","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4505":"高瓴资本持仓","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0444971666.USD":"天利全球科技基金","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC"},"source_url":"https://seekingalpha.com/article/4568211-aapl-stock-investors-wait-better-entry-point-hold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301724633","content_text":"SummaryApple's market cap dipped below $2tn in trading for the first time since early 2021. We continue to be hold-rated on Apple.We expect Apple stock will drop to $100 as the company cleans up the mess of production disruptions in China.We believe it's time to bring up the discussion of Apple diversifying its production away from China; we expect to see Apple shift away from a China-centered production toward 2024.Despite China's reopening efforts, we expect Apple to still be pressured in the near term by risks of increased COVID cases causing worker shortages.Hence, we recommend investors wait for a better entry point on Apple stock.Scott Olson/Getty Images NewsWe see our expectations of Apple (NASDAQ:AAPL) stock materialize and hence maintain our hold rating. Apple was the first public tech company valued at $3tn, and on Tuesday fell below $2tn in trading for the first time since 2021. Weexpect Apple to continue facing churn as it deals with the aftermath of supply chain issues in China. In late November, management warned of significant disruption just before the holiday season, forecasting subdued sales growth around Christmas, amounting to 8%. Despite China's efforts to rapidly move away from lockdown restrictions, our biggest concern for Apple is still the geographic concentration of iPhone production in China and a potential shortage of workers due to China lifting COVID regulations. We believe Apple will experience a bumpy first half of 2023. We recommend investors avoid buying the dip just yet as we forecast more downside ahead.We expect Apple stock to fall below $100 per share. The stock has already dropped nearly 18% since we first published our hold rating in mid-September. The following graph outlines our rating history on Apple over the past year.SeekingAlphaTime to discuss diversifying production: Exiting ChinaDespite China's efforts to move away from lockdown restrictions, we still don't believe Apple is out of the woods. Apple is working on resorting production after the Foxconn factory went through a series of turmoil from COVID restrictions to worker protests. Apple heavily relies on Chinese Foxconn for 90% of planned production capacity, and we believe Apple's geographic concentration of production has caught up to it over the past several months. The wait time for Apple's latest iPhone models, 14 Pro and 14 Pro Max, in the U.S. reached up to 34 days before Christmas. We expect the slowed-down production to reflect negatively on Apple's earnings in 1Q23. Wedbush Securities analyst Daniel Ives estimates the production disruptions to have cost Apple roughly $1bn a week in November from losses in iPhone sales.Despite Foxconn now shipping at 90% of peak capacity, we don't believe Apple will easily compensate for the losses created near the end of 2022. We expect the downside of production issues in China to cause the stock to drop below $100 per share. Our bearish sentiment on Apple in the first half of 2023 is based on the belief that the consequences of production disruptions are still pressuring the company. Additionally, we believe China's reopening creates a new risk for Apple's factories: potential worker shortages in factories across the country. Bindiya Vakil, Chief executive of a California-based group that tracks supply-chain services, reported expecting \"a lot of operations get impacted by absenteeism, not just at factories, but a warehouse, distribution, logistics and transportation facilities as well.\" We expect the next couple of months will be defining for Apple to be able to restore production smoothly and make up for the shortcomings of 2022.Plans to move more production to IndiaApple announced plans tomove more productionand assembly processes to India in 2024. Foxconn announced it would invest $500 mn in an Indian subsidiary to help boost operational capacity. Apple already produces iPhone models in India since 2017; we expect production outside of China to increase as Apple and other global firms adopt a \"plus-one strategy\" to de-risk themselves from overly relying on China for production.Apple is expected to move around 5% of the production of its latest iPhone 14 to India, the second-largest smartphone market after China. Additionally, the company is expected by JP Morgan analysts to move a quarter of all Apple products' production to India by 2025. We're constructive on Apple's efforts to diversify production but believe these plans are too late to save Apple from the impact of production issues that occurred late last year.ValuationApple stock is not cheap, trading at 18.5x C2024 EPS $6.83 on a P/E basis compared to the peer group average of 16.8x. On an EV/Sales metric, the stock is trading at 4.8x versus the peer group average of 4.0x. We believe Apple is overvalued for the near-term risks present and recommend investors wait for a better entry point on the stock.The following table outlines Apple's valuation compared to the peer group.TechStockProsWord on Wall StreetWall Street is bullish on Apple. Of the 41 analysts covering the stock, 33 are buy-rated, seven are hold-rated, and the remaining are sell-rated. We believe most Wall Street analysts maintain a buy-rating on the stock due to the belief that Apple will be able to weather supply chain issues resulting from China's supply-chain disruptions. The stock is currently trading at $126. The median and mean sell-side price targets are $175, with a potential upside of 39%.The following table outlines Apple's sell-side rating and price targets.TechStockProsWhat to do with the stockWe believe Apple is weighed down by the aftermath of production issues in China alongside weaker-than-expected consumer demand in its strongest market hold in the U.S. We expect the stock to continue to drop further by nearly 21% to trading at $100 per share. Hence, we don't expect the company to grow meaningfully in the near term. We're constructive on Apple in the longer term as it plans to outsource more production to India toward 2024. Nevertheless, we expect Apple's 1Q23 earnings scheduled for early February to reflect the negatives of the holiday season and pull the stock down further. We recommend investors wait on the sideline for the downside to being factored in.This article is written by Tech Stock Pros for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927460926,"gmtCreate":1672562112166,"gmtModify":1676538705597,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9927460926","repostId":"1113081958","repostType":4,"repost":{"id":"1113081958","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1672535370,"share":"https://ttm.financial/m/news/1113081958?lang=&edition=fundamental","pubTime":"2023-01-01 09:09","market":"us","language":"en","title":"Reminder: U.S. Market Closed for New Year's Day on Monday, Jan. 2, 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1113081958","media":"Tiger Newspress","summary":"The New Year has arrived, please take note of the trading hours during the holiday period and make n","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/a3325f9177c7cac9e0526b4554c62cd7\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>The New Year has arrived, please take note of the trading hours during the holiday period and make necessary preparations in advance.</p><p>The U.S. market will be closed at local time on Monday, Jan. 2, 2023.</p><p>The Singapore market will be closed at local time on Monday, Jan. 2, 2023.</p><p>The Hong Kong market will be closed at local time on Monday, Jan. 2, 2023.</p><p>The Australian market will be closed at local time on Monday, Jan. 2, 2023.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: U.S. Market Closed for New Year's Day on Monday, Jan. 2, 2023</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\">\nReminder: U.S. Market Closed for New Year's Day on Monday, Jan. 2, 2023\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\">2023-01-01 09:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/a3325f9177c7cac9e0526b4554c62cd7\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>The New Year has arrived, please take note of the trading hours during the holiday period and make necessary preparations in advance.</p><p>The U.S. market will be closed at local time on Monday, Jan. 2, 2023.</p><p>The Singapore market will be closed at local time on Monday, Jan. 2, 2023.</p><p>The Hong Kong market will be closed at local time on Monday, Jan. 2, 2023.</p><p>The Australian market will be closed at local time on Monday, Jan. 2, 2023.</p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113081958","content_text":"The New Year has arrived, please take note of the trading hours during the holiday period and make necessary preparations in advance.The U.S. market will be closed at local time on Monday, Jan. 2, 2023.The Singapore market will be closed at local time on Monday, Jan. 2, 2023.The Hong Kong market will be closed at local time on Monday, Jan. 2, 2023.The Australian market will be closed at local time on Monday, Jan. 2, 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985705603,"gmtCreate":1667451283102,"gmtModify":1676537920757,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9985705603","repostId":"1124568203","repostType":4,"repost":{"id":"1124568203","kind":"news","pubTimestamp":1667433606,"share":"https://ttm.financial/m/news/1124568203?lang=&edition=fundamental","pubTime":"2022-11-03 08:00","market":"us","language":"en","title":"Apple Now Valued at More Than Amazon, Alphabet and Meta — Combined","url":"https://stock-news.laohu8.com/highlight/detail?id=1124568203","media":"MarketWatch","summary":"Apple Inc. shares have held up far better than those of its Big Tech peers over the past month, and ","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f49e61e893d9c472d02d149b2fa866b5\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Apple Inc. shares have held up far better than those of its Big Tech peers over the past month, and that’s helped the company to a staggering feat: The smartphone giant is now worth more than Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. combined.</p><p>Apple finished Wednesday’s session with a $2.307 trillion market capitalization, according to Dow Jones Market Data. Alphabet, Amazon and Meta were worth a combined $2.306 trillion.</p><p>The comparison was flagged on Twitter by financial YouTuber Joseph Carlson.</p><p>The contrast illustrates the sharp comedown in technology shares this year. Apple was worth $2.913 trillion to close out 2021, according to Dow Jones Market Data. The grouping of Alphabet, Amazon and Meta was worth $4.410 trillion at that time.</p><p>Apple’s stock has outperformed those of its three tech peers over both the past month and the course of 2022.</p><p>Shares of Apple are up 4.9% in the past month, while shares of Alphabet are down 9.1%, shares of Amazon are off 18.5% and shares of Meta are down 33.3%. On a year-to-date basis, Apple’s stock has lost 18.3%, while Alphabet’s has declined 40.5%, Amazon’s has fallen 44.7% and Meta’s has plunged 73.1%.</p><p>Apple’s stock has also had a better start to the week than any of those other three Big Tech names, though all four are down.</p><p>The four companies each reported earnings last week, and only Apple’s numbers were met with a positive stock reaction. Since then, Meta fell below a $300 billion valuation for the first time since February 2016. It was valued at $240 billion as of Wednesday’s close.</p><p>Meanwhile, Amazon’s stock has declined in each of the past six trading sessions, and the company on Tuesday fell out of trillion-dollar territory for the first time since April 2020.</p><p>Bernstein analyst Mark Shmulik recently highlighted the challenges facing the big internet companies in what he called an “autopsy” of their latest results. He noted that Alphabet, Amazon and Meta now have to show “perfection” as they all have diversified businesses and investors are more prone to nitpicking signs of weakness in any one of those area amid this choppy market climate.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Now Valued at More Than Amazon, Alphabet and Meta — Combined</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 Now Valued at More Than Amazon, Alphabet and Meta — Combined\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-03 08:00 GMT+8 <a href=https://www.marketwatch.com/story/apple-now-valued-at-more-than-amazon-alphabet-and-meta-combined-11667430617?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple Inc. shares have held up far better than those of its Big Tech peers over the past month, and that’s helped the company to a staggering feat: The smartphone giant is now worth more than Alphabet...</p>\n\n<a href=\"https://www.marketwatch.com/story/apple-now-valued-at-more-than-amazon-alphabet-and-meta-combined-11667430617?mod=mw_latestnews\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","AMZN":"亚马逊","AAPL":"苹果","META":"Meta Platforms, Inc."},"source_url":"https://www.marketwatch.com/story/apple-now-valued-at-more-than-amazon-alphabet-and-meta-combined-11667430617?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124568203","content_text":"Apple Inc. shares have held up far better than those of its Big Tech peers over the past month, and that’s helped the company to a staggering feat: The smartphone giant is now worth more than Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. combined.Apple finished Wednesday’s session with a $2.307 trillion market capitalization, according to Dow Jones Market Data. Alphabet, Amazon and Meta were worth a combined $2.306 trillion.The comparison was flagged on Twitter by financial YouTuber Joseph Carlson.The contrast illustrates the sharp comedown in technology shares this year. Apple was worth $2.913 trillion to close out 2021, according to Dow Jones Market Data. The grouping of Alphabet, Amazon and Meta was worth $4.410 trillion at that time.Apple’s stock has outperformed those of its three tech peers over both the past month and the course of 2022.Shares of Apple are up 4.9% in the past month, while shares of Alphabet are down 9.1%, shares of Amazon are off 18.5% and shares of Meta are down 33.3%. On a year-to-date basis, Apple’s stock has lost 18.3%, while Alphabet’s has declined 40.5%, Amazon’s has fallen 44.7% and Meta’s has plunged 73.1%.Apple’s stock has also had a better start to the week than any of those other three Big Tech names, though all four are down.The four companies each reported earnings last week, and only Apple’s numbers were met with a positive stock reaction. Since then, Meta fell below a $300 billion valuation for the first time since February 2016. It was valued at $240 billion as of Wednesday’s close.Meanwhile, Amazon’s stock has declined in each of the past six trading sessions, and the company on Tuesday fell out of trillion-dollar territory for the first time since April 2020.Bernstein analyst Mark Shmulik recently highlighted the challenges facing the big internet companies in what he called an “autopsy” of their latest results. He noted that Alphabet, Amazon and Meta now have to show “perfection” as they all have diversified businesses and investors are more prone to nitpicking signs of weakness in any one of those area amid this choppy market climate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980873426,"gmtCreate":1665708764565,"gmtModify":1676537652311,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9980873426","repostId":"2275728816","repostType":4,"repost":{"id":"2275728816","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1665700683,"share":"https://ttm.financial/m/news/2275728816?lang=&edition=fundamental","pubTime":"2022-10-14 06:38","market":"us","language":"en","title":"US STOCKS-Wall Street Ends up 2% After Sharp Reversal; Technicals Help","url":"https://stock-news.laohu8.com/highlight/detail?id=2275728816","media":"Reuters","summary":"* Stocks reverse course after morning drop* Headline CPI rise for September more than expected* Inde","content":"<html><head></head><body><p>* Stocks reverse course after morning drop</p><p>* Headline CPI rise for September more than expected</p><p>* Indexes: Dow up 2.8%, S&P 500 up 2.6%, Nasdaq up 2.2%</p><p>NEW YORK, Oct 13 (Reuters) - U.S. stocks surged to close more than 2% higher on Thursday, as technical support and investors covering short bets drove a dramatic rebound from a selloff earlier in the day.</p><p>The reversal marked a jump of nearly 194 points in the S&P 500 from its low of the session to its high, the biggest intraday jump for the index since Jan. 24.</p><p>Financials and energy led gains among S&P 500 sectors.</p><p>The market initially dropped after data showed the headline consumer price index rose at an annual pace of 8.2% in September, compared with an estimated 8.1% rise.</p><p>"People were perhaps net short going into the CPI report, and saw the report being negative and started covering their shorts," said King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco.</p><p>Some strategists also pointed to some technical support levels around the 3,500 mark for the S&P 500.</p><p>The Dow Jones Industrial Average rose 827.87 points, or 2.83%, to 30,038.72, the S&P 500 gained 92.88 points, or 2.60%, to 3,669.91 and the Nasdaq Composite added 232.05 points, or 2.23%, to 10,649.15.</p><p>"It's technical factors," Lip said, adding that the recent steep selloff in stocks may mean "bad news may have already been discounted.</p><p>"Going into earnings season, all we really need is things to be not as bad as suspected," he said.</p><p>Big Wall Street banks kick off third-quarter reporting season on Friday, with investors awaiting to see how a high interest-rate environment affects their profits.</p><p><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> Inc rose following better-than-estimated fourth-quarter results.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.24-to-1 ratio; on Nasdaq, a 2.10-to-1 ratio favored advancers.</p><p>The S&P 500 posted three new 52-week highs and 172 new lows; the Nasdaq Composite recorded 51 new highs and 600 new lows.</p><p>Volume on U.S. exchanges was 13.39 billion shares, compared with a roughly 11 billion average for the full session over the last 20 trading days.</p><p><img src=\"https://static.tigerbbs.com/57e6e2f817e41145b8c6aff3ef3e656b\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends up 2% After Sharp Reversal; Technicals Help</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends up 2% After Sharp Reversal; Technicals Help\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-10-14 06:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Stocks reverse course after morning drop</p><p>* Headline CPI rise for September more than expected</p><p>* Indexes: Dow up 2.8%, S&P 500 up 2.6%, Nasdaq up 2.2%</p><p>NEW YORK, Oct 13 (Reuters) - U.S. stocks surged to close more than 2% higher on Thursday, as technical support and investors covering short bets drove a dramatic rebound from a selloff earlier in the day.</p><p>The reversal marked a jump of nearly 194 points in the S&P 500 from its low of the session to its high, the biggest intraday jump for the index since Jan. 24.</p><p>Financials and energy led gains among S&P 500 sectors.</p><p>The market initially dropped after data showed the headline consumer price index rose at an annual pace of 8.2% in September, compared with an estimated 8.1% rise.</p><p>"People were perhaps net short going into the CPI report, and saw the report being negative and started covering their shorts," said King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco.</p><p>Some strategists also pointed to some technical support levels around the 3,500 mark for the S&P 500.</p><p>The Dow Jones Industrial Average rose 827.87 points, or 2.83%, to 30,038.72, the S&P 500 gained 92.88 points, or 2.60%, to 3,669.91 and the Nasdaq Composite added 232.05 points, or 2.23%, to 10,649.15.</p><p>"It's technical factors," Lip said, adding that the recent steep selloff in stocks may mean "bad news may have already been discounted.</p><p>"Going into earnings season, all we really need is things to be not as bad as suspected," he said.</p><p>Big Wall Street banks kick off third-quarter reporting season on Friday, with investors awaiting to see how a high interest-rate environment affects their profits.</p><p><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> Inc rose following better-than-estimated fourth-quarter results.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.24-to-1 ratio; on Nasdaq, a 2.10-to-1 ratio favored advancers.</p><p>The S&P 500 posted three new 52-week highs and 172 new lows; the Nasdaq Composite recorded 51 new highs and 600 new lows.</p><p>Volume on U.S. exchanges was 13.39 billion shares, compared with a roughly 11 billion average for the full session over the last 20 trading days.</p><p><img src=\"https://static.tigerbbs.com/57e6e2f817e41145b8c6aff3ef3e656b\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275728816","content_text":"* Stocks reverse course after morning drop* Headline CPI rise for September more than expected* Indexes: Dow up 2.8%, S&P 500 up 2.6%, Nasdaq up 2.2%NEW YORK, Oct 13 (Reuters) - U.S. stocks surged to close more than 2% higher on Thursday, as technical support and investors covering short bets drove a dramatic rebound from a selloff earlier in the day.The reversal marked a jump of nearly 194 points in the S&P 500 from its low of the session to its high, the biggest intraday jump for the index since Jan. 24.Financials and energy led gains among S&P 500 sectors.The market initially dropped after data showed the headline consumer price index rose at an annual pace of 8.2% in September, compared with an estimated 8.1% rise.\"People were perhaps net short going into the CPI report, and saw the report being negative and started covering their shorts,\" said King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco.Some strategists also pointed to some technical support levels around the 3,500 mark for the S&P 500.The Dow Jones Industrial Average rose 827.87 points, or 2.83%, to 30,038.72, the S&P 500 gained 92.88 points, or 2.60%, to 3,669.91 and the Nasdaq Composite added 232.05 points, or 2.23%, to 10,649.15.\"It's technical factors,\" Lip said, adding that the recent steep selloff in stocks may mean \"bad news may have already been discounted.\"Going into earnings season, all we really need is things to be not as bad as suspected,\" he said.Big Wall Street banks kick off third-quarter reporting season on Friday, with investors awaiting to see how a high interest-rate environment affects their profits.Walgreens Boots Alliance Inc rose following better-than-estimated fourth-quarter results.Advancing issues outnumbered declining ones on the NYSE by a 2.24-to-1 ratio; on Nasdaq, a 2.10-to-1 ratio favored advancers.The S&P 500 posted three new 52-week highs and 172 new lows; the Nasdaq Composite recorded 51 new highs and 600 new lows.Volume on U.S. exchanges was 13.39 billion shares, compared with a roughly 11 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910514989,"gmtCreate":1663641483141,"gmtModify":1676537307262,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9910514989","repostId":"1184809965","repostType":4,"repost":{"id":"1184809965","kind":"news","pubTimestamp":1663653149,"share":"https://ttm.financial/m/news/1184809965?lang=&edition=fundamental","pubTime":"2022-09-20 13:52","market":"us","language":"en","title":"87% of Warren Buffett's Secret Portfolio Is Invested in These 5 Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1184809965","media":"Motley Fool","summary":"KEY POINTSSince becoming CEO in 1965, Warren Buffett has led his company's Class A shares to a great","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Since becoming CEO in 1965, Warren Buffett has led his company's Class A shares to a greater-than-3,600,000% return.</li><li>Due to an acquisition 24 years ago, Buffett's company owns a specialty investment firm that oversees $5.9 billion in assets under management.</li><li>This "secret portfolio" has invested most of its money in five familiar stocks.</li></ul><p>The Oracle of Omaha's $5.9 billion "hidden" portfolio is heavily concentrated in just a handful of stocks.</p><p>Few investors have been as successful as <b>Berkshire Hathaway</b> CEO Warren Buffett. Over the past 57 years, the Oracle of Omaha, as Buffett is now known, has delivered an average annual return of 20.1%for his company's Class A shares (BRK.A). In aggregate, we're talking about a gain of better than 3,600,000%, which compares to a 30,209% increase, including dividends paid, for the <b>S&P 500</b> over the same period.</p><p>Because of Warren Buffett's incredible track record, it's not uncommon for investors to ride his coattails. Thankfully, because Berkshire Hathaway is required to file Form 13F with the Securities and Exchange Commission every quarter, this is pretty easy to do. A 13F is effectively a portfolio snapshot that allows investors to see what the brightest minds on Wall Street were buying, selling, and holding in the most recent quarter.</p><p>However, Berkshire Hathaway's 13Fdoesn't tell the full story. Due to an acquisition in 1998 of reinsurance company General Re, Buffett's company owns a specialty investment firm known as New England Asset Management (NEAM). Although Buffett isn't involved in NEAM's investment portfolio, the securities NEAM buys are, ultimately, owned by Buffett's company.</p><p>When the June-ended quarter came to a close, 87% of Warren Buffett's more-than-$5.9 billion "secret portfolio" was invested in just five stocks.</p><p><b>Apple: 47.24% of invested assets</b></p><p>Perhaps it's no surprise that New England Asset Management's largest holding by invested assets happens to be the stock that's Berkshire Hathaway's largest holding by a long shot: tech leader <b>Apple</b>. Apple accounted for roughly $2.8 billion of NEAM's $5.92 billion in assets under management, as of June 30, 2022.</p><p>What's made Apple such an incredible investment for so long? Both its innovation and its capital return program.</p><p>Innovation has helped Apple become the most-valuable brand in the world, according to a report by Kantar BrandZ. The continuing evolution of Apple's iPhone has fueled a loyal customer base and driven sales and profits to record heights.</p><p>However, Apple's future isall about promoting subscription services. CEO Tim Cook is presiding over this multiyear transition that will see Apple become more of a platform company. Doing so should boost its operating margins over time, and reduce the sales lumpiness often associated with product replacement cycles.</p><p>As for capital returns, Apple has one of the largest nominal dividend payouts on the planet, and has repurchased approximately $520 billion worth of its own common stock since the beginning of 2013. In other words, there's a very good reason Apple is the largest publicly traded company by market cap in the U.S.</p><p><b>U.S. Bancorp: 13.76% of invested assets</b></p><p>Warren Buffett is a big fan of bank stocks, and apparently so is the investment team that's overseeing Warren Buffett's secret portfolio. Regional bank<b>U.S. Bancorp</b>, the parent of the more-familiar U.S. Bank, accounted for close to 13.8% of invested assets at the end of June and has been a continuous holding in NEAM's portfolio for more than two decades.</p><p>The foundation for U.S. Bancorp's rock-solid operating performance is financial discipline. While most of its peers were making riskier derivative investments prior to the Great Recession, U.S. Bancorp has predominantly stuck to what I call the "bread and butter" of banking: growing its loans and deposits. This may not generate jaw-dropping sales and profit growth, but it does ensure some of the highest return on assets among large banks.</p><p>Additionally, U.S. Bancorp has done a phenomenal job of encouraging its customers to bank online or via mobile app. As of May 31, 82% of its active customers were banking digitally, with 64% of total loan sales being completed online or via mobile app. The latter is up from just 45% at the beginning of 2020.</p><p>Digital transactions are substantially cheaper for banks than in-person or phone-based interactions. As a result, U.S. Bancorp has been able to lower its noninterest expenses by consolidating some of its physical branches.</p><p><b>Bank of America: 11.96% of invested assets</b></p><p>Yet another huge Berkshire Hathaway holding that also makes up a sizable percentage of Warren Buffett's secret portfolio is <b>Bank of America</b>. Whereas NEAM holds close to 22.8 million shares of BofA, Berkshire Hathaway has north of 1 billion in its portfolio.</p><p>What makes a money-center giant like Bank of America such an attractive investment is simply time. Even though recessions are an inevitable part of the economic cycle, periods of expansion last considerably longer. Being patient and allowing the U.S. economy to grow over time is what allows a company like BofA to increase its loan portfolio and net interest income.</p><p>Another reason Bank of America looks like a stellar investment is its interest-rate sensitivity. With the Federal Reserve having no choice but to aggressively raise interest rates to rein in historically high inflation, Bank of America is set to generate billions of dollars in added net interest income on its outstanding variable-rate loans without having to lift a finger.</p><p>And don't overlook the capital return potential of bank stocks, either. When the U.S. economy is humming along, it's not uncommon for a giant like BofA to return in excess of $25 billion, annually, to shareholders via share buybacks and dividends.</p><p><b>HP: 9.12% of invested assets</b></p><p>Warren Buffett's secret portfolio loves a good value stock. That's exactly what NEAM is getting with personal-computing and printing solutions company <b>HP</b>, at a valuation of less than 7 times Wall Street's forward-year forecast earnings.</p><p>The answer to "Why HP?" can be boiled down to three catalysts. First, PC and printing solution sales tend to be highly predictable, even during periods of economic weakness. This is a mature industry that produces plenty of cash flow -- and Wall Street does love companies that are predictable.</p><p>Secondly, New England Asset Management's investment team is probably just as enamored as Warren Buffett has been with HP's capital return program. The company increased its base annual payout by 29% in 2021, and has been aggressively repurchasing its common stock. For companies with steady or rising net income, a shrinking outstanding share count can boost earnings per share and make a stock appear more fundamentally attractive to investors.</p><p>Thirdly, at less than 7 times forecast earnings for the upcoming year, HP's shares probably have a safe floor built in. Even if the company has few near-term upside catalysts, there's probably not a lot of additional downside, either.</p><p><b>Chevron: 5.26% of invested assets</b></p><p>Rounding out the top five holdings in Warren Buffett's secret portfolio is oil stock <b>Chevron</b>. During the second quarter, HP and Chevron wereNew England Asset Management's two biggest buys.</p><p>One of the reasons Chevron is such a successful energy stock is its integrated structure. Though it generates its juiciest operating margins from its upstream drilling operations, Chevron also owns midstream (transmission pipelines) and downstream (chemical plants and refineries) assets. Midstream assets typically rely on fixed-fee or volume-based contracts that produce very predictable cash flow. Meanwhile, chemical plants and refineries benefit from lower input costs when the price of crude oil falls. In other words, Chevron is well hedged no matter what happens to the prices of oil and natural gas.</p><p>However, the next couple of years bode well for oil stocks. Due to the COVID-19 pandemic, global energy majors have purposely pared back their capital investments. That and Russia's invasion of Ukraine make it clear that increasing global oil production is going to be a lengthy and arduous process. That's good news for drilling companies that are counting on a sustainably higher price for crude oil.</p><p>To keep with the theme of this list, "big oil" companies like Chevron are also well-known for their bountiful capital return programs. In the wake of historically high oil and natural gas prices, Chevron has pledged to repurchase up to $10 billion worth of its common stock this year, and it pays out one of the largest nominal dividends. Having what's arguably the best balance sheet among integrated oil companies affords Chevron the freedom to reward its long-term investors.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>87% of Warren Buffett's Secret Portfolio Is Invested in These 5 Stocks</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\">\n87% of Warren Buffett's Secret Portfolio Is Invested in These 5 Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-20 13:52 GMT+8 <a href=https://www.fool.com/investing/2022/09/19/87-warren-buffett-secret-portfolio-is-in-5-stocks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSSince becoming CEO in 1965, Warren Buffett has led his company's Class A shares to a greater-than-3,600,000% return.Due to an acquisition 24 years ago, Buffett's company owns a specialty ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/19/87-warren-buffett-secret-portfolio-is-in-5-stocks/\">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","USB":"美国合众银行","CVX":"雪佛龙","HPQ":"惠普","BAC":"美国银行"},"source_url":"https://www.fool.com/investing/2022/09/19/87-warren-buffett-secret-portfolio-is-in-5-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184809965","content_text":"KEY POINTSSince becoming CEO in 1965, Warren Buffett has led his company's Class A shares to a greater-than-3,600,000% return.Due to an acquisition 24 years ago, Buffett's company owns a specialty investment firm that oversees $5.9 billion in assets under management.This \"secret portfolio\" has invested most of its money in five familiar stocks.The Oracle of Omaha's $5.9 billion \"hidden\" portfolio is heavily concentrated in just a handful of stocks.Few investors have been as successful as Berkshire Hathaway CEO Warren Buffett. Over the past 57 years, the Oracle of Omaha, as Buffett is now known, has delivered an average annual return of 20.1%for his company's Class A shares (BRK.A). In aggregate, we're talking about a gain of better than 3,600,000%, which compares to a 30,209% increase, including dividends paid, for the S&P 500 over the same period.Because of Warren Buffett's incredible track record, it's not uncommon for investors to ride his coattails. Thankfully, because Berkshire Hathaway is required to file Form 13F with the Securities and Exchange Commission every quarter, this is pretty easy to do. A 13F is effectively a portfolio snapshot that allows investors to see what the brightest minds on Wall Street were buying, selling, and holding in the most recent quarter.However, Berkshire Hathaway's 13Fdoesn't tell the full story. Due to an acquisition in 1998 of reinsurance company General Re, Buffett's company owns a specialty investment firm known as New England Asset Management (NEAM). Although Buffett isn't involved in NEAM's investment portfolio, the securities NEAM buys are, ultimately, owned by Buffett's company.When the June-ended quarter came to a close, 87% of Warren Buffett's more-than-$5.9 billion \"secret portfolio\" was invested in just five stocks.Apple: 47.24% of invested assetsPerhaps it's no surprise that New England Asset Management's largest holding by invested assets happens to be the stock that's Berkshire Hathaway's largest holding by a long shot: tech leader Apple. Apple accounted for roughly $2.8 billion of NEAM's $5.92 billion in assets under management, as of June 30, 2022.What's made Apple such an incredible investment for so long? Both its innovation and its capital return program.Innovation has helped Apple become the most-valuable brand in the world, according to a report by Kantar BrandZ. The continuing evolution of Apple's iPhone has fueled a loyal customer base and driven sales and profits to record heights.However, Apple's future isall about promoting subscription services. CEO Tim Cook is presiding over this multiyear transition that will see Apple become more of a platform company. Doing so should boost its operating margins over time, and reduce the sales lumpiness often associated with product replacement cycles.As for capital returns, Apple has one of the largest nominal dividend payouts on the planet, and has repurchased approximately $520 billion worth of its own common stock since the beginning of 2013. In other words, there's a very good reason Apple is the largest publicly traded company by market cap in the U.S.U.S. Bancorp: 13.76% of invested assetsWarren Buffett is a big fan of bank stocks, and apparently so is the investment team that's overseeing Warren Buffett's secret portfolio. Regional bankU.S. Bancorp, the parent of the more-familiar U.S. Bank, accounted for close to 13.8% of invested assets at the end of June and has been a continuous holding in NEAM's portfolio for more than two decades.The foundation for U.S. Bancorp's rock-solid operating performance is financial discipline. While most of its peers were making riskier derivative investments prior to the Great Recession, U.S. Bancorp has predominantly stuck to what I call the \"bread and butter\" of banking: growing its loans and deposits. This may not generate jaw-dropping sales and profit growth, but it does ensure some of the highest return on assets among large banks.Additionally, U.S. Bancorp has done a phenomenal job of encouraging its customers to bank online or via mobile app. As of May 31, 82% of its active customers were banking digitally, with 64% of total loan sales being completed online or via mobile app. The latter is up from just 45% at the beginning of 2020.Digital transactions are substantially cheaper for banks than in-person or phone-based interactions. As a result, U.S. Bancorp has been able to lower its noninterest expenses by consolidating some of its physical branches.Bank of America: 11.96% of invested assetsYet another huge Berkshire Hathaway holding that also makes up a sizable percentage of Warren Buffett's secret portfolio is Bank of America. Whereas NEAM holds close to 22.8 million shares of BofA, Berkshire Hathaway has north of 1 billion in its portfolio.What makes a money-center giant like Bank of America such an attractive investment is simply time. Even though recessions are an inevitable part of the economic cycle, periods of expansion last considerably longer. Being patient and allowing the U.S. economy to grow over time is what allows a company like BofA to increase its loan portfolio and net interest income.Another reason Bank of America looks like a stellar investment is its interest-rate sensitivity. With the Federal Reserve having no choice but to aggressively raise interest rates to rein in historically high inflation, Bank of America is set to generate billions of dollars in added net interest income on its outstanding variable-rate loans without having to lift a finger.And don't overlook the capital return potential of bank stocks, either. When the U.S. economy is humming along, it's not uncommon for a giant like BofA to return in excess of $25 billion, annually, to shareholders via share buybacks and dividends.HP: 9.12% of invested assetsWarren Buffett's secret portfolio loves a good value stock. That's exactly what NEAM is getting with personal-computing and printing solutions company HP, at a valuation of less than 7 times Wall Street's forward-year forecast earnings.The answer to \"Why HP?\" can be boiled down to three catalysts. First, PC and printing solution sales tend to be highly predictable, even during periods of economic weakness. This is a mature industry that produces plenty of cash flow -- and Wall Street does love companies that are predictable.Secondly, New England Asset Management's investment team is probably just as enamored as Warren Buffett has been with HP's capital return program. The company increased its base annual payout by 29% in 2021, and has been aggressively repurchasing its common stock. For companies with steady or rising net income, a shrinking outstanding share count can boost earnings per share and make a stock appear more fundamentally attractive to investors.Thirdly, at less than 7 times forecast earnings for the upcoming year, HP's shares probably have a safe floor built in. Even if the company has few near-term upside catalysts, there's probably not a lot of additional downside, either.Chevron: 5.26% of invested assetsRounding out the top five holdings in Warren Buffett's secret portfolio is oil stock Chevron. During the second quarter, HP and Chevron wereNew England Asset Management's two biggest buys.One of the reasons Chevron is such a successful energy stock is its integrated structure. Though it generates its juiciest operating margins from its upstream drilling operations, Chevron also owns midstream (transmission pipelines) and downstream (chemical plants and refineries) assets. Midstream assets typically rely on fixed-fee or volume-based contracts that produce very predictable cash flow. Meanwhile, chemical plants and refineries benefit from lower input costs when the price of crude oil falls. In other words, Chevron is well hedged no matter what happens to the prices of oil and natural gas.However, the next couple of years bode well for oil stocks. Due to the COVID-19 pandemic, global energy majors have purposely pared back their capital investments. That and Russia's invasion of Ukraine make it clear that increasing global oil production is going to be a lengthy and arduous process. That's good news for drilling companies that are counting on a sustainably higher price for crude oil.To keep with the theme of this list, \"big oil\" companies like Chevron are also well-known for their bountiful capital return programs. In the wake of historically high oil and natural gas prices, Chevron has pledged to repurchase up to $10 billion worth of its common stock this year, and it pays out one of the largest nominal dividends. Having what's arguably the best balance sheet among integrated oil companies affords Chevron the freedom to reward its long-term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904989541,"gmtCreate":1659973870885,"gmtModify":1703476540977,"author":{"id":"3581634125853828","authorId":"3581634125853828","name":"R Lim","avatar":"https://static.tigerbbs.com/d3081d4d67e2198188bc8039305c484f","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581634125853828","authorIdStr":"3581634125853828"},"themes":[],"htmlText":"Okk","listText":"Okk","text":"Okk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904989541","repostId":"1111364601","repostType":4,"repost":{"id":"1111364601","kind":"news","pubTimestamp":1659972720,"share":"https://ttm.financial/m/news/1111364601?lang=&edition=fundamental","pubTime":"2022-08-08 23:32","market":"other","language":"en","title":"The S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1111364601","media":"Seeking Alpha","summary":"SummaryThe bear market of 2022 has eerily similar characteristics of bear markets of the past.The 20","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The bear market of 2022 has eerily similar characteristics of bear markets of the past.</li><li>The 2022 bear market looks very similar to those in 1937, 2000, and 2008.</li><li>If the bear markets are similar, the 2022 version is nearing its most dangerous phase.</li></ul><p>History can act as a guide, not because it can predict the future, but because sometimes it can prepare us for what may happen next. Investing is very much about understanding the fundamentals and the technical trends. But the element that is lost most times is emotion, and it is the emotion of how people respond to news or events that seem to endure, shaping history.</p><p>Similarities in today's stock market and S&P 500 (SP500) echo the great bear markets of the past. The 2022 S&P 500 path has followed the paths of 1936, 2000, and 2008 cycles. It isn't to say that future is on a predetermined course; it is not. But it can give us a glimpse into what may happen next based on how bear markets and emotions have steered past performance.</p><p><b>1937</b></p><p>After rallying from March 1935 to March 1937, the S&P 500 dropped sharply until the summer of 1937, by nearly 19%. That was when the index saw a solid summer rally, which lifted the S&P 500 more than 14% off its lows, peaking around August 20, 1937. Following that summer rally, the market fell sharply, nearly 70% between September 1937 and April 1938.</p><p>Using a 31,065-day offset to overlay the S&P 500 of today versus that bear market, we can see the S&P 500 of today has plotted a very similar course to that of 1937. It would suggest that the S&P 500 of today is likely to be hitting an inflection point in the next couple of weeks. It could result in the recent 2022 rally continuing, the comparison with 1937 no longer working, or the S&P 500 of 2022 turning sharply lower as the market did in 1937.</p><p><img src=\"https://static.tigerbbs.com/bf9e75e86ede6d5127a530f868dcedf3\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>2000</b></p><p>The bear market that started in the year 2000 also shares many of the same properties as the S&P 500 of today. In this case, using a 7874-day offset, the two charts will line up. Following the 1998 sell-off, the S&P 500 rallied sharply until 2000. The S&P 500 of 2000 was more resilient at first, retesting its March 2000 highs again in September 2000. After that, the index saw a pronounced sell-off, followed by a January 2001 rally. That January 2001 rally marked the final rebound, followed by a nearly 20% decline into April 2001.</p><p>Again, the market of today is at the same point in time. Therefore, if the S&P 500 is going to turn lower and follow the path of 2000, that sharp decline could happen over the next couple of weeks.</p><p><img src=\"https://static.tigerbbs.com/c67e3a7716980557c4c7d467f03d1b40\" tg-width=\"640\" tg-height=\"255\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>2008</b></p><p>Finally, the bear market of 2008 seems to match the S&P 500 of 2022 the most closely. A 5,218-day offset lines the double bottom in the fall of 2020 up with the double bottom in the spring of 2006. Like the two previous bear market examples, after peaking in October 2007, the S&P 500 went lower on a slow and steady decline of nearly 19%. That was followed by a rally in the spring of 2008, which led to a gain of almost 12%. Of course, after that rally, the S&P 500 again found itself turning lower, erasing the spring gains.</p><p><img src=\"https://static.tigerbbs.com/8d85ceaf1cd7900663bbf9dbbe300dee\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>Similarities</b></p><p>The declines may differ in each of these cases, but it isn't the reason that matters. It is the patterns the market followed that matter. When overlaying 1937, 2000, and 2008 all together on one chart, they show that the bull rally phases had nearly the same duration, with all peaking within a 6-month time frame, followed by a sharp decline, a very sharp countertrend rally followed by a significantly steeper decline.</p><p><img src=\"https://static.tigerbbs.com/03c254a06087baa45767c1b5a5d0c6aa\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Does this mean the market of 2022 has to follow the same path? No, of course, it does not. But if this is a bear market we are in, and the pattern continues, the market may be entering the most dangerous part of the bear market. The part where a powerful rally catches everyone off guard and is followed by a sharp and sudden decline.</p><p><img src=\"https://static.tigerbbs.com/34566ce27f9a5b7d5ac6c173ee363be9\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>What happens next for stocks is anyone's guess, and these charts do not tell us what that outcome will be. But the power of history and human emotion tells us what <i>may</i> happen next, and in this case, the answer may be staring us right in the face for all to see.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market</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 S&P 500 May Be Near The Most Dangerous Phase Of The Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-08 23:32 GMT+8 <a href=https://seekingalpha.com/article/4531046-sp-500-near-most-dangerous-phase-of-bear-market><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe bear market of 2022 has eerily similar characteristics of bear markets of the past.The 2022 bear market looks very similar to those in 1937, 2000, and 2008.If the bear markets are similar, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4531046-sp-500-near-most-dangerous-phase-of-bear-market\">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",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4531046-sp-500-near-most-dangerous-phase-of-bear-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111364601","content_text":"SummaryThe bear market of 2022 has eerily similar characteristics of bear markets of the past.The 2022 bear market looks very similar to those in 1937, 2000, and 2008.If the bear markets are similar, the 2022 version is nearing its most dangerous phase.History can act as a guide, not because it can predict the future, but because sometimes it can prepare us for what may happen next. Investing is very much about understanding the fundamentals and the technical trends. But the element that is lost most times is emotion, and it is the emotion of how people respond to news or events that seem to endure, shaping history.Similarities in today's stock market and S&P 500 (SP500) echo the great bear markets of the past. The 2022 S&P 500 path has followed the paths of 1936, 2000, and 2008 cycles. It isn't to say that future is on a predetermined course; it is not. But it can give us a glimpse into what may happen next based on how bear markets and emotions have steered past performance.1937After rallying from March 1935 to March 1937, the S&P 500 dropped sharply until the summer of 1937, by nearly 19%. That was when the index saw a solid summer rally, which lifted the S&P 500 more than 14% off its lows, peaking around August 20, 1937. Following that summer rally, the market fell sharply, nearly 70% between September 1937 and April 1938.Using a 31,065-day offset to overlay the S&P 500 of today versus that bear market, we can see the S&P 500 of today has plotted a very similar course to that of 1937. It would suggest that the S&P 500 of today is likely to be hitting an inflection point in the next couple of weeks. It could result in the recent 2022 rally continuing, the comparison with 1937 no longer working, or the S&P 500 of 2022 turning sharply lower as the market did in 1937.Bloomberg2000The bear market that started in the year 2000 also shares many of the same properties as the S&P 500 of today. In this case, using a 7874-day offset, the two charts will line up. Following the 1998 sell-off, the S&P 500 rallied sharply until 2000. The S&P 500 of 2000 was more resilient at first, retesting its March 2000 highs again in September 2000. After that, the index saw a pronounced sell-off, followed by a January 2001 rally. That January 2001 rally marked the final rebound, followed by a nearly 20% decline into April 2001.Again, the market of today is at the same point in time. Therefore, if the S&P 500 is going to turn lower and follow the path of 2000, that sharp decline could happen over the next couple of weeks.Bloomberg2008Finally, the bear market of 2008 seems to match the S&P 500 of 2022 the most closely. A 5,218-day offset lines the double bottom in the fall of 2020 up with the double bottom in the spring of 2006. Like the two previous bear market examples, after peaking in October 2007, the S&P 500 went lower on a slow and steady decline of nearly 19%. That was followed by a rally in the spring of 2008, which led to a gain of almost 12%. Of course, after that rally, the S&P 500 again found itself turning lower, erasing the spring gains.BloombergSimilaritiesThe declines may differ in each of these cases, but it isn't the reason that matters. It is the patterns the market followed that matter. When overlaying 1937, 2000, and 2008 all together on one chart, they show that the bull rally phases had nearly the same duration, with all peaking within a 6-month time frame, followed by a sharp decline, a very sharp countertrend rally followed by a significantly steeper decline.BloombergDoes this mean the market of 2022 has to follow the same path? No, of course, it does not. But if this is a bear market we are in, and the pattern continues, the market may be entering the most dangerous part of the bear market. The part where a powerful rally catches everyone off guard and is followed by a sharp and sudden decline.BloombergWhat happens next for stocks is anyone's guess, and these charts do not tell us what that outcome will be. But the power of history and human emotion tells us what may happen next, and in this case, the answer may be staring us right in the face for all to see.","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}