lzh77 personal page - To The Moon

lzh77

lzh77

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2022-08-02

$YZJ Fin Hldg(YF8.SI)$This is a newly listed company, spin off from yangzijiang ship building.Nbv is $1.00 but market value only $0.40.Deep value buy for mid to long term. Results may surprise everyone n fly to the moon.Do your own research before investing.Feel free to give your comments and views.Thanks.

2022-08-10

Singapore $SINGAPORE MEDICAL GROUP LTD(5OT.SI)$A small medical group listed on the catalist of Singapore exchange.A low volume and unfamiliar counter to most investors.Medical services have increased due to opening of Singapore. Medical tourism is also favourable to the group.Recent increase in volume seems to show increase in interest in this counter. Put it in your watchlist and do some research.I'm vested in this counter.

2022-11-18

Football is not my cup of tea. So many people chasing after one ball. Must wait n wait for a goal to happen. However, many fans of football attracted to the game more than the stock market. Stock market volume is usually much lower during this period when everyone concentrate on football only. No time n energy for stocks.

2021-05-07

Must buy. Please like the post. Thanks

Amazon: The Most Clearly Undervalued Company

2021-05-11

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Wall Street closes lower as inflation fears prompt tech sell-off

2021-07-25

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Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks

2021-06-07

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2022-09-09

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Tesla Just Took A Stress Test And Passed It

2022-07-08

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Jobs Blowout Means More Pressure for Fed

2021-07-24

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Wall Street surges to all-time closing high on earnings, economic revival

2021-05-22

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5 Winning Stocks and 5 Losing Stocks to Watch Right Now

2022-11-14

Wow

Jeff Bezos Says He Will Give Most of His Money to Charity

2022-08-15

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Crypto Is Taking a Few Small Banks on a Wild Ride

2022-03-24

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U.S. Stocks Open Higher, Attempt to Recover Some of Wednesday's Losses

2021-09-18

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US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week

2021-08-26

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S&P 500, Nasdaq notch all-time closing highs ahead of Jackson Hole

2021-07-20

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2022-05-05

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Nasdaq Slides More Than 3%, Wiping out Wednesday’s Post-Fed Rally for Tech Stocks

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Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&Cs apply.👉 Click here to start play","images":[{"img":"https://community-static.tradeup.com/news/0b6e3d13593eac0f4cc3fdb8b6bf8056","width":"1200","height":"675"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970552986","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944581864,"gmtCreate":1681915378159,"gmtModify":1681915382805,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Cannot find the game yesterday so sad","listText":"Cannot find the game yesterday so sad","text":"Cannot find the game yesterday so sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944581864","isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944347038,"gmtCreate":1681725595924,"gmtModify":1681725599126,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Go,....,........... 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Let's go n play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944075975","isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945464139,"gmtCreate":1681555618621,"gmtModify":1681555623137,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Go go go,....,.............","listText":"Go go go,....,.............","text":"Go go go,....,.............","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945464139","isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945299461,"gmtCreate":1681478560454,"gmtModify":1681478564681,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Very difficult to win Disney shares","listText":"Very difficult to win Disney shares","text":"Very difficult to win Disney shares","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945299461","isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945386735,"gmtCreate":1681380802128,"gmtModify":1681380807604,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Have fun n enjoy everyone&nbsp;","listText":"Have fun n enjoy everyone&nbsp;","text":"Have fun n enjoy everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945386735","isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942780704,"gmtCreate":1681305898009,"gmtModify":1681305901461,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Haven't got much time left to play&nbsp;","listText":"Haven't got much time left to play&nbsp;","text":"Haven't got much time left to play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942780704","isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942670898,"gmtCreate":1681221639114,"gmtModify":1681221642853,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Interesting egg hunting game let's go n play","listText":"Interesting egg hunting game let's go n play","text":"Interesting egg hunting game let's go n play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942670898","isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942395030,"gmtCreate":1681130269020,"gmtModify":1681130272798,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Fun Easter egg hunt. Play","listText":"Fun Easter egg hunt. Play","text":"Fun Easter egg hunt. Play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942395030","isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946471445,"gmtCreate":1681042425787,"gmtModify":1681042429590,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"God game. Please join","listText":"God game. Please join","text":"God game. Please join","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946471445","isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946321213,"gmtCreate":1680869805032,"gmtModify":1680869808344,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Tiger up up up n away...... Go.....","listText":"Tiger up up up n away...... Go.....","text":"Tiger up up up n away...... Go.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946321213","isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948705484,"gmtCreate":1680785752848,"gmtModify":1680785757851,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Nice game but in fact it's really hard to get the top prizes","listText":"Nice game but in fact it's really hard to get the top prizes","text":"Nice game but in fact it's really hard to get the top prizes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948705484","isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948705646,"gmtCreate":1680785717585,"gmtModify":1680785721299,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Good game let's go n have fun together&nbsp;","listText":"Good game let's go n have fun together&nbsp;","text":"Good game let's go n have fun together","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948705646","isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948873367,"gmtCreate":1680685356559,"gmtModify":1680685360059,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Let's go n play this game together&nbsp;","listText":"Let's go n play this game together&nbsp;","text":"Let's go n play this game together","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948873367","isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9908433568,"gmtCreate":1659412209754,"gmtModify":1705980111512,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/YF8.SI\">$YZJ Fin Hldg(YF8.SI)$</a>This is a newly listed company, spin off from yangzijiang ship building.Nbv is $1.00 but market value only $0.40.Deep value buy for mid to long term.&nbsp;Results may surprise everyone n fly to the moon.Do your own research before investing.Feel free to give your comments and views.Thanks.","listText":"<a href=\"https://ttm.financial/S/YF8.SI\">$YZJ Fin Hldg(YF8.SI)$</a>This is a newly listed company, spin off from yangzijiang ship building.Nbv is $1.00 but market value only $0.40.Deep value buy for mid to long term.&nbsp;Results may surprise everyone n fly to the moon.Do your own research before investing.Feel free to give your comments and views.Thanks.","text":"$YZJ Fin Hldg(YF8.SI)$This is a newly listed company, spin off from yangzijiang ship building.Nbv is $1.00 but market value only $0.40.Deep value buy for mid to long term. Results may surprise everyone n fly to the moon.Do your own research before investing.Feel free to give your comments and views.Thanks.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":40,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9908433568","isVote":1,"tweetType":1,"viewCount":1214,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574203876933605","authorId":"3574203876933605","name":"BQCS","avatar":"https://static.tigerbbs.com/26ac9fd05bbe722fed14384109a4c88b","crmLevel":4,"crmLevelSwitch":1},"content":"Chinese Financial companies, including big banks are always valued at about 40% of their book value only.. Unless you think that YZJF is more valuable than any of the big Chinese banks, it's not cheap","text":"Chinese Financial companies, including big banks are always valued at about 40% of their book value only.. Unless you think that YZJF is more valuable than any of the big Chinese banks, it's not cheap","html":"Chinese Financial companies, including big banks are always valued at about 40% of their book value only.. Unless you think that YZJF is more valuable than any of the big Chinese banks, it's not cheap"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9907063466,"gmtCreate":1660108651957,"gmtModify":1703478035737,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Singapore&nbsp;<a href=\"https://ttm.financial/S/5OT.SI\">$SINGAPORE MEDICAL GROUP LTD(5OT.SI)$</a>A small medical group listed on the catalist of Singapore exchange.A low volume and unfamiliar&nbsp;counter to most investors.Medical services have increased due to opening of Singapore.&nbsp;Medical tourism is also favourable to the group.Recent increase in volume seems to show increase in interest in this counter.&nbsp;Put it in your watchlist and do some research.I'm vested in this counter.","listText":"Singapore&nbsp;<a href=\"https://ttm.financial/S/5OT.SI\">$SINGAPORE MEDICAL GROUP LTD(5OT.SI)$</a>A small medical group listed on the catalist of Singapore exchange.A low volume and unfamiliar&nbsp;counter to most investors.Medical services have increased due to opening of Singapore.&nbsp;Medical tourism is also favourable to the group.Recent increase in volume seems to show increase in interest in this counter.&nbsp;Put it in your watchlist and do some research.I'm vested in this counter.","text":"Singapore $SINGAPORE MEDICAL GROUP LTD(5OT.SI)$A small medical group listed on the catalist of Singapore exchange.A low volume and unfamiliar counter to most investors.Medical services have increased due to opening of Singapore. Medical tourism is also favourable to the group.Recent increase in volume seems to show increase in interest in this counter. Put it in your watchlist and do some research.I'm vested in this counter.","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":27,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9907063466","isVote":1,"tweetType":1,"viewCount":780,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961094171,"gmtCreate":1668781084694,"gmtModify":1676538112884,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Football is not my cup of tea. So many people chasing after one ball. Must wait n wait for a goal to happen. However, many fans of football attracted to the game more than the stock market.&nbsp; Stock market volume is usually much lower during this period when everyone concentrate on football only. No time n energy for stocks.","listText":"Football is not my cup of tea. So many people chasing after one ball. Must wait n wait for a goal to happen. However, many fans of football attracted to the game more than the stock market.&nbsp; Stock market volume is usually much lower during this period when everyone concentrate on football only. No time n energy for stocks.","text":"Football is not my cup of tea. So many people chasing after one ball. Must wait n wait for a goal to happen. However, many fans of football attracted to the game more than the stock market. Stock market volume is usually much lower during this period when everyone concentrate on football only. No time n energy for stocks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":39,"commentSize":30,"repostSize":0,"link":"https://ttm.financial/post/9961094171","isVote":1,"tweetType":1,"viewCount":696,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104260927,"gmtCreate":1620394334669,"gmtModify":1704343040997,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Must buy. Please like the post. Thanks","listText":"Must buy. Please like the post. Thanks","text":"Must buy. Please like the post. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/104260927","repostId":"1157328258","repostType":4,"repost":{"id":"1157328258","pubTimestamp":1620360165,"share":"https://www.laohu8.com/m/news/1157328258?lang=&edition=full","pubTime":"2021-05-07 12:02","market":"us","language":"en","title":"Amazon: The Most Clearly Undervalued Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1157328258","media":"Seeking alpha","summary":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entere","content":"<p>Summary</p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul><p>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p>#1 Price vs. Growth</p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p>#2 Comparative Valuation</p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p>#3 Discounted Cash Flow Model</p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p>Some explanations:</p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul><p>Here is the model itself:</p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><i>Source: Author</i></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p>Final thoughts</p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol>","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>Amazon: The Most Clearly Undervalued Company</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\">\nAmazon: The Most Clearly Undervalued Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company><strong>Seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-...</p>\n\n<a href=\"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157328258","content_text":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.#1 Price vs. GrowthFirst of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:Source: VisualizedAnalytics.comThe 'Third-Party Seller Services' segment - the exponential growth continues:Source: VisualizedAnalytics.comThe 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:Source: VisualizedAnalytics.comThe 'Other' (advertising services) segment has also showed a significant acceleration:Source: VisualizedAnalytics.comThe growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:Source: VisualizedAnalytics.comGeographically, Amazon's revenue was also significantly better than the trend:Source: VisualizedAnalytics.comSo, statistically, not subjectively, we should recognize the acceleration of the company's growthin all key segments. In my opinion, this is exactly what is expected from Amazon.Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:Source: VisualizedAnalytics.comThere is also a certain influence of the company's revenue growth rate on its multiples:Source: VisualizedAnalytics.comBased on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:Source: VisualizedAnalytics.comAs you can see, firstly, this model indicates that the company's current price is alreadybelow the balanced level. And secondly, it assumes a25% growthin capitalization in the next four quarters.#2 Comparative ValuationIn the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:Source: VisualizedAnalytics.comAs you can see, judging by this multiple, Amazon is significantly undervalued.#3 Discounted Cash Flow ModelWhen predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:Source: Seeking Alpha ProWhen predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.Here is the calculation of the Weighted Average Cost of Capital:Source: AuthorSome explanations:In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.Here is the model itself:(In high resolution)Source: AuthorThe DCF-based target price of Amazon's shares is $4,280, offering 29% upside.Final thoughtsAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company isundervalued.Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company ismuch cheaperthan the market.DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,it is better to invest in a company facing growth problems than aging problems.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199572488,"gmtCreate":1620722732644,"gmtModify":1704347319235,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Comment and like please","listText":"Comment and like please","text":"Comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/199572488","repostId":"2134551566","repostType":4,"repost":{"id":"2134551566","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":1620678383,"share":"https://www.laohu8.com/m/news/2134551566?lang=&edition=full","pubTime":"2021-05-11 04:26","market":"us","language":"en","title":"Wall Street closes lower as inflation fears prompt tech sell-off","url":"https://stock-news.laohu8.com/highlight/detail?id=2134551566","media":"Reuters","summary":"* Electric vehicle shares drop after Workhorse miss. * Indexes down: Dow 0.10%, S&P 1.04%, Nasdaq 2.55%. NEW YORK, May 10  - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.\"The market leader","content":"<p>* Electric vehicle shares drop after Workhorse miss</p><p>* Rising commodity prices fuel inflation concerns</p><p>* Tech-related stocks pull Nasdaq lower</p><p>* Indexes down: Dow 0.10%, S&amp;P 1.04%, Nasdaq 2.55%</p><p>NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.</p><p>Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.</p><p>\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"</p><p>A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.</p><p>\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"</p><p>The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities <a href=\"https://laohu8.com/S/TIPS\">$(TIPS)$</a> touched their highest levels since 2011 and 2013, respectively.</p><p>\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.</p><p>Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.</p><p>A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.</p><p>The Dow Jones Industrial Average&nbsp;fell 34.94 points, or 0.1%, to 34,742.82, the S&amp;P 500&nbsp;lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite&nbsp;dropped 350.38 points, or 2.55%, to 13,401.86.</p><p>Of the 11 major sectors in the S&amp;P 500, six closed red. Tech was the biggest loser, sliding 2.5%.</p><p>First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&amp;P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.</p><p>Analysts now see year-on-year S&amp;P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per Refinitiv</p><p>Hotel operator Marriott International Inc&nbsp;missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.</p><p>After the bell, its rival Wynn Resorts Ltd&nbsp;missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.</p><p>Electric vehicle stocks put on the brakes, with Tesla Inc&nbsp;down 6.4% and Fisker&nbsp;off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.</p><p>FireEye&nbsp;rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.</p><p>Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.</p><p><b>Here are</b>&nbsp;<b>company's financial statements</b></p><p><a href=\"https://laohu8.com/NW/2134656364\" target=\"_blank\">Occidental Petroleum loss narrows as crude prices rebound</a></p><p><a href=\"https://laohu8.com/NW/2134406655\" target=\"_blank\">Affirm beats on revenue, sees early recovery in travel spending</a></p><p><a href=\"https://laohu8.com/NW/2134439656\" target=\"_blank\">Yalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued Operations</a></p><p><a href=\"https://laohu8.com/NW/2134564536\" target=\"_blank\">TuSimple Holdings EPS beats by $0.01, misses on revenue</a></p><p><a href=\"https://laohu8.com/NW/2134659571\" target=\"_blank\">Novavax Reports Q1 Loss, Tops Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2134995659\" target=\"_blank\">3D Systems Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/1145839299\" target=\"_blank\">Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test</a></p><p><a href=\"https://laohu8.com/NW/1169419141\" target=\"_blank\">Roblox revenue grows 140% in first earnings report since company went public</a></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes lower as inflation fears prompt tech sell-off</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\">\nWall Street closes lower as inflation fears prompt tech sell-off\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-11 04:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Electric vehicle shares drop after Workhorse miss</p><p>* Rising commodity prices fuel inflation concerns</p><p>* Tech-related stocks pull Nasdaq lower</p><p>* Indexes down: Dow 0.10%, S&amp;P 1.04%, Nasdaq 2.55%</p><p>NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.</p><p>Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.</p><p>\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"</p><p>A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.</p><p>\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"</p><p>The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities <a href=\"https://laohu8.com/S/TIPS\">$(TIPS)$</a> touched their highest levels since 2011 and 2013, respectively.</p><p>\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.</p><p>Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.</p><p>A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.</p><p>The Dow Jones Industrial Average&nbsp;fell 34.94 points, or 0.1%, to 34,742.82, the S&amp;P 500&nbsp;lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite&nbsp;dropped 350.38 points, or 2.55%, to 13,401.86.</p><p>Of the 11 major sectors in the S&amp;P 500, six closed red. Tech was the biggest loser, sliding 2.5%.</p><p>First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&amp;P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.</p><p>Analysts now see year-on-year S&amp;P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per Refinitiv</p><p>Hotel operator Marriott International Inc&nbsp;missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.</p><p>After the bell, its rival Wynn Resorts Ltd&nbsp;missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.</p><p>Electric vehicle stocks put on the brakes, with Tesla Inc&nbsp;down 6.4% and Fisker&nbsp;off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.</p><p>FireEye&nbsp;rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.</p><p>Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.</p><p><b>Here are</b>&nbsp;<b>company's financial statements</b></p><p><a href=\"https://laohu8.com/NW/2134656364\" target=\"_blank\">Occidental Petroleum loss narrows as crude prices rebound</a></p><p><a href=\"https://laohu8.com/NW/2134406655\" target=\"_blank\">Affirm beats on revenue, sees early recovery in travel spending</a></p><p><a href=\"https://laohu8.com/NW/2134439656\" target=\"_blank\">Yalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued Operations</a></p><p><a href=\"https://laohu8.com/NW/2134564536\" target=\"_blank\">TuSimple Holdings EPS beats by $0.01, misses on revenue</a></p><p><a href=\"https://laohu8.com/NW/2134659571\" target=\"_blank\">Novavax Reports Q1 Loss, Tops Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2134995659\" target=\"_blank\">3D Systems Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/1145839299\" target=\"_blank\">Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test</a></p><p><a href=\"https://laohu8.com/NW/1169419141\" target=\"_blank\">Roblox revenue grows 140% in first earnings report since company went public</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2134551566","content_text":"* Electric vehicle shares drop after Workhorse miss* Rising commodity prices fuel inflation concerns* Tech-related stocks pull Nasdaq lower* Indexes down: Dow 0.10%, S&P 1.04%, Nasdaq 2.55%NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities $(TIPS)$ touched their highest levels since 2011 and 2013, respectively.\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.The Dow Jones Industrial Average fell 34.94 points, or 0.1%, to 34,742.82, the S&P 500 lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite dropped 350.38 points, or 2.55%, to 13,401.86.Of the 11 major sectors in the S&P 500, six closed red. Tech was the biggest loser, sliding 2.5%.First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.Analysts now see year-on-year S&P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per RefinitivHotel operator Marriott International Inc missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.After the bell, its rival Wynn Resorts Ltd missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.Electric vehicle stocks put on the brakes, with Tesla Inc down 6.4% and Fisker off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.FireEye rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.The S&P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.Here are company's financial statementsOccidental Petroleum loss narrows as crude prices reboundAffirm beats on revenue, sees early recovery in travel spendingYalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued OperationsTuSimple Holdings EPS beats by $0.01, misses on revenueNovavax Reports Q1 Loss, Tops Revenue Estimates3D Systems Surpasses Q1 Earnings and Revenue EstimatesVirgin Galactic shares fall after another quarterly loss, no date set for next spaceflight testRoblox revenue grows 140% in first earnings report since company went public","news_type":1},"isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3556216098153370","authorId":"3556216098153370","name":"ZaineJJ","avatar":"https://static.tigerbbs.com/7b62b37b413a257a63b01fdf12881804","crmLevel":2,"crmLevelSwitch":1},"content":"Done help me too","text":"Done help me too","html":"Done help me too"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177351674,"gmtCreate":1627182353998,"gmtModify":1703485199282,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/177351674","repostId":"1112927800","repostType":4,"repost":{"id":"1112927800","pubTimestamp":1627089375,"share":"https://www.laohu8.com/m/news/1112927800?lang=&edition=full","pubTime":"2021-07-24 09:16","market":"us","language":"en","title":"Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1112927800","media":"seekingalpha","summary":"Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV p","content":"<p><b>Summary</b></p>\n<ul>\n <li>Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.</li>\n <li>NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.</li>\n <li>NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f749c70c8a2af3e18d5f6cecc72bfbb\" tg-width=\"1536\" tg-height=\"704\" referrerpolicy=\"no-referrer\"><span>ipopba/iStock via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>NIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.</p>\n<p><b>NIO And TSLA Stock Prices</b></p>\n<p>Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ff5ce865807df85283775d2293b41af\" tg-width=\"635\" tg-height=\"481\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Taking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.</p>\n<p><b>Is NIO Similar To Tesla?</b></p>\n<p>The answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:</p>\n<p><b>Business Model</b></p>\n<p>Both companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.</p>\n<p>Both companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.</p>\n<p><b>Size, growth, and valuation</b></p>\n<p>The two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.</p>\n<p>Tesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a986ea65130206f99961a46ce6cfed55\" tg-width=\"635\" tg-height=\"515\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>Tesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.</p>\n<p>The same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).</p>\n<p>Looking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.</p>\n<p><b>Can NIO Be Worth As Much As Tesla?</b></p>\n<p>The answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly&nbsp;overpriced&nbsp;today, I personally believe that as well (Note that some will argue that shares are&nbsp;underpriced, which is also among the possibilities, although I do not hold that belief personally).</p>\n<p>When we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.</p>\n<p>It should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.</p>\n<p><b>Is NIO A Good Stock To Buy Or Sell Now?</b></p>\n<p>When considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.</p>\n<p>One could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV 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\">\nWill NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly ...</p>\n\n<a href=\"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4440950-will-nio-stock-follow-tesla-what-to-consider-ev-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112927800","content_text":"Summary\n\nLet's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.\nNIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.\nNIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.\n\nipopba/iStock via Getty Images\nArticle Thesis\nNIO, Inc. (NIO) is one of China's leading EV players, and has, through an attractive brand and its unique BaaS offering, attracted a lot of interest from consumers and investors. Today, however, the company is still way smaller than Tesla (TSLA), which is currently leading the global EV market. NIO is focused on its home market right now, which was true when Tesla was a smaller company as well, but NIO will try to grab market share in overseas markets as well. Shares are pricing in a lot of growth already, but if NIO can replicate Tesla's success, that could be more than justified.\nNIO And TSLA Stock Prices\nBoth companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV pureplays rise rapidly. The combination of growing market share for EVs, accommodating policies such as subsidies for EV purchases, and massive monetary stimulus let shares of NIO and TSLA rise rapidly. NIO is up 245% over the last year, while TSLA is up 101% over the same time. Both companies are currently trading below their all-time highs, however, which were hit in early 2021 before market sentiment for EV pureplays cooled to some degree.\nData by YCharts\nTaking a quick look at analyst price targets, we see that Tesla is trading almost perfectly in line with the consensus, whereas NIO trades about 30% below the analyst target. If the analyst community is right, then NIO is a substantially better investment right here, as Tesla is not expected to see its shares rise meaningfully over the next year, whereas NIO has significant upside to the analyst price target.\nIs NIO Similar To Tesla?\nThe answer to that question depends on what you focus on. There are similarities between the two companies, but there are also differences. One could thus say that, in some ways, the two are similar, but in others, they are not. Let's look at a couple of things:\nBusiness Model\nBoth companies are focused on the EV space, although Tesla has, over the years, been building out a couple of other businesses as well, such as energy storage. Most of Tesla's revenues are generated through selling electric vehicles, which is also how NIO operates. Both companies are focused on the premium segment of EVs, selling higher-priced vehicles that compete with brands such as BMW, Mercedes, and Lexus. Both companies offer a small range of different vehicles, in Tesla's case those are the well-known S, X, 3, and Y, whereas NIO offers a sedan (ET7), and three SUVs (EC6, ES6, ES8). Despite the fact that NIO is a way smaller company today, the model lineups of the two companies do thus not differ too much.\nBoth companies offer some type of charging infrastructure to their customers, in Tesla's case, that's the Supercharger network, where Tesla owners can charge their cars with up to 250kW, depending on what version of Supercharger is installed. NIO is following a different approach, offering a battery-as-a-service solution to its customers. NIO owners can get their battery switched out to a fully-charged battery at NIO's stations, a process that takes a couple of minutes and is thus significantly quicker compared to the regular EV charging offered by Tesla and other EV players. BaaS thus has advantages when it comes to the time it takes for a charge/swap, but it should be noted that Tesla's Superchargers are way more common around the world compared to NIO's battery-swapping stations. Rolling out that feature in additional markets will require large capital expenditures, but NIO's offering is a unique selling point compared to what all other EV players, including Tesla, are offering. It remains to be seen whether that will ultimately pay off, but this could become a major advantage for NIO as competition in the EV space is heating up.\nSize, growth, and valuation\nThe two companies differ significantly in size, both when it comes to revenues and vehicle sales, as well as when it comes to the market value of the two companies. NIO has delivered22,000 vehicles in Q2, up 112% year over year, for an annual pace of around 90,000 vehicles. Tesla, meanwhile, has delivered 201,000 vehicles during Q2, up from 103,000 vehicles delivered during Q2 2020. This is strong growth on a year-over-year basis, although slightly below 100%, and thus below the growth rate that NIO is generating for now.\nTesla delivers around 9x as many vehicles compared to NIO per quarter, when we look at the market capitalizations of the two companies, we see that the ratio is almost exactly the same, as Tesla's market cap of $640 billion is ~9x as high as that of NIO, at $72 billion. At similar growth rates, that would make perfect sense, but it looks like NIO might be the better deal for now, as it trades at a comparable valuation while generating better growth. This will be especially true in the coming quarters, where Tesla's growth is expected to slow down:\nData by YCharts\nTesla is forecasted to grow its revenue from $49 billion in 2021 to $83 billion in 2023, for an annual growth rate of 30%. NIO, meanwhile, is expected to see its revenue explode upwards from $5.4 billion to $12.8 billion between 2021 and 2023, for an annual growth rate of 54%. NIO is thus expected to grow way faster than Tesla over the next two years, on a relative basis. This shouldn't be a surprise, to be honest, as the law of large numbers dictates that maintaining massive growth rates becomes increasingly hard for a company the bigger it gets, and Tesla seems to have hit that point by now -- adding 50%+ a year to its top line will not be possible forever. This isn't even necessarily Tesla's fault, in fact, many high-quality growth companies have experienced the same. But investors should still consider this important fact -- Tesla's growth in coming years will be less exciting compared to what we have seen in the past, and peers, such as NIO, are growing faster.\nThe same holds true when we take a longer-term view. Revenue estimates for 2025 rest at$22.6 billionfor NIO, up another 80% from the 2023 estimate, and up 320% from what analysts are forecasting for 2021. Tesla, meanwhile, is forecasted to generate revenues of $122.5 billion in 2025 -- a large number, but up by a comparatively weak 48% from 2023, and up by a total of 150% versus 2021. Between 2021 and 2025, NIO will thus 4x its revenue, while Tesla will 2.5x its revenue in the same time span -- a meaningful difference that should, all else equal, allow for a premium valuation for NIO, in the same way Tesla deserves a premium valuation versus legacy players such as Volkswagen (OTCPK:VWAGY).\nLooking at revenue estimates for 2025 relative to how the two companies are valued today, we see that NIO trades at 3.2x 2025 sales, while the 2025 sales multiple for Tesla is 5.2. For a long-term oriented investor, NIO thus seems like the better value today, thanks to the fact that it is trading at a significantly lower sales multiple when we take a look into the future. This does not necessarily mean that NIO is cheap, however, as even a 3.2x 2025 sales multiple is relatively high compared to how legacy auto companies are valued. NIO is looking less expensive than Tesla, however, even if its shares are not cheap on an absolute basis.\nCan NIO Be Worth As Much As Tesla?\nThe answer to that depends on what time frame you are looking at. Today, NIO is significantly smaller than Tesla and thus rightfully trades at a way smaller market cap. It should also be noted that there is no guarantee that Tesla's shares are a great example of how an EV company should be valued -- it is, at least, possible that its shares are significantly overpriced today, I personally believe that as well (Note that some will argue that shares are underpriced, which is also among the possibilities, although I do not hold that belief personally).\nWhen we do, for a moment, assume that Tesla is correctly valued today and that EV companies do deserve a market cap in the $600 billion range when they sell about 800,000 vehicles a year, then NIO could eventually hit that as well, although not in the near term. NIO will sell about 90,000 vehicles this year, and that amount should grow to about 400,000 in 2025. If NIO were to grow its sales by 15% a year beyond that point, it could sell around 800,000 cars in 2030, or 9 years from now. If one wants to assume faster growth, the 800,000 vehicles a year line could also be crossed before 2030, e.g. in 2028 or 2029. If we do go with 2030 for now, then NIO could, at a similar deliveries-to-market capitalization ratio to Tesla, be valued at $600+ billion in 2030. In other words, NIO could be worth as much as Tesla (today) in nine years, when we assume that current growth projections are realistic and that a Tesla-like valuation is appropriate. Those are two major ifs, of course, and especially the second point is far from certain, I believe. I personally would not be too surprised to see Tesla's valuation compress, and thus NIO could trade well below the $600 billion market cap level in 2030, even if it continues to grow meaningfully. It is also possible that NIO's growth disappoints and that current projections are too bullish, although I think that NIO is well-positioned for growth thanks to its unique BaaS model and its strong brand that is especially well-recognized in its home market.\nIt should also be noted that Tesla's market cap in 2030 could be very different from $600 billion, thus even in case NIO hits that level, it is not at all guaranteed that the two companies will have a similar market cap. Tesla might be valued at a way higher valuation by then, e.g. if the ARK model is right (something I personally think is unlikely). To answer the above question, one could thus say that NIO might be worth hundreds of billions of dollars, like Tesla, in 8-10 years, but that is not at all guaranteed. And even if that were to happen, Tesla might be worth significantly more by then.\nIs NIO A Good Stock To Buy Or Sell Now?\nWhen considering NIO as an investment, it doesn't really matter all that much whether it will become as large or highly valued as Tesla eventually. Instead, investors should ask themselves what total returns they can expect over the next couple of years, and whether those expected returns are high enough relative to the risks in NIO's business model. Regarding those risks, one should mention the fact that the company isn't profitable yet, which means that NIO is dependent on cash on its balance sheet for growth investments. On top of that, competition in the EV space is growing, and market share battles could pressure margins in coming years, although NIO seems relatively well-positioned thanks to its battery-swapping, which is, I believe, a strong USP. Last but not least, the company's dependence on its home market China is a potential risk that should be kept in mind, although it should also be noted that, for now, it seems like the Chinese government is very accommodating to Chinese EV companies.\nOne could argue that valuations across the whole EV industry are too high, relative to how legacy auto companies are valued. Even those legacy players with attractive EV offerings such as Volkswagen or Ford trade at huge discounts compared to EV pureplays. But if one wants to invest in an EV pureplay, NIO doesn't seem like a bad choice. The company combines a strong brand, a unique BaaS offering, high growth rates, and shares trade at a discount compared to how the EV king Tesla is valued. At a little above 3x 2025 revenue, NIO does not seem overly expensive relative to other EV pureplays, although this still represents a premium versus legacy players, of course. If NIO manages to execute well and continues to roll out new models that are well-received by consumers, its shares could have significant upside potential in the long run. If EV stocks ever become an out-of-favor investment, NIO stock also could have considerable downside, however, this thus is not a low-risk pick. Depending on your risk tolerance, NIO could still be of value if you want a high-growth EV pureplay.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115764979,"gmtCreate":1623031504891,"gmtModify":1704194636235,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Comment please","listText":"Comment please","text":"Comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/115764979","repostId":"2141926289","repostType":4,"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577352574692957","authorId":"3577352574692957","name":"JeremyO","avatar":"https://static.tigerbbs.com/733a7de2eec0063dddeecd95d14df764","crmLevel":5,"crmLevelSwitch":0},"content":"ok reply pls","text":"ok reply pls","html":"ok reply pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936898507,"gmtCreate":1662736864709,"gmtModify":1676537130765,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9936898507","repostId":"1121193410","repostType":4,"repost":{"id":"1121193410","pubTimestamp":1662736920,"share":"https://www.laohu8.com/m/news/1121193410?lang=&edition=full","pubTime":"2022-09-09 23:22","market":"us","language":"en","title":"Tesla Just Took A Stress Test And Passed It","url":"https://stock-news.laohu8.com/highlight/detail?id=1121193410","media":"Seeking Alpha","summary":"SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.Howev","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The past two quarters represented a stress test for Tesla.</li><li>It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.</li><li>However, its June-quarter results topped expectations largely driven by a healthy ramp-up of total deliveries despite all the challenges.</li><li>It also demonstrated its pricing muscle and showed that its production has clearly passed the pivot point of the critical scale.</li><li>Going forward, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree.</li></ul><p><b>Thesis and Background</b></p><p>Tesla (NASDAQ: TSLA) essentially took a stress test in the past two quarters. And to investors’ relief, it passed the test. Although we look more closely (which we will in the next section), there are still some lingering issues in its scorecard. But overall, its June-quarter results topped expectations despite the multitude of challenges it faced in the first half of the year, including limited production and shutdowns at its factory in Shanghai for most of the quarter, ongoing supply-chain disruptions, and rising labor and raw materials cost. Despite all these challenges, revenues for the June quarter went up 42% YoY and the total deliveries reached almost 255K (a 27% increase YoY). Looking forward, management is targeting record production in the second half of the year.</p><p>At the same time, TSLA has also demonstrated its pricing muscle amid soaring inflation. Later in the article, you will see that the average unit sale price went up by almost 10% compared to the previous quarter and by more than 16% compared to the 4thquarter of 2021. Yet, customers are still flocking to buy its cars as quickly as it can make them.</p><p>Such pricing and the resilience of its integrated production system form a powerful combination. Moreover, its production has clearly passed the pivot point of the critical scale. As the Gigafactories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree as elaborated on next immediately.</p><p><b>TSLA’s stress test</b></p><p>The following chart illustrates the nature of the stress test that Tesla just took in the past two quarters. This chart shows the average CFO (cash from operations) per vehicle and also the average unit price per vehicle since 2015. To set the background, you can see very clearly that Tesla has passed the pivot point of critical scale around 2018. Since 2015, it was able to make an improving profit per vehicle while the unit price (i.e., the price tag on each vehicle) has actually been DECLINING. The average price tag for a TSLA vehicle was around $80.9K back in 2015 (when one of my friends joked that it was like driving a piece of jewelry with limited range). The average price declined to $57.5K in 2021, while the net profits soared during the same period, as you can see. And the net profit turned positive in 2018, a clear indicator of passing the breakeven point.</p><p>Then came the stress test in 2022. Due to all of the above-mentioned challenges, the business had to increase the unit price from an average of $57.5K per vehicle in 2021 to $66.5K in Q2 of 2022, a price increase of 15.6%. It is undoubtedly good news that the business has the pricing power to increase the price at such a substantial magnitude. However, the bad news is that the price increase itself is not sufficient to overcome the inflation cost, raw materials, et al. As a result, the net profit per vehicle actually decreased as seen. The average CFO per vehicle reached a peak of $12.2K in 2021 and declined to $9.23K in Q2 2022, a decline of more than 25%.</p><p>So overall, it turned in a good scorecard with some lingering issues, and we will examine these issues more next.</p><p><img src=\"https://static.tigerbbs.com/8e7881b443d2c420626b971f109ca311\" tg-width=\"640\" tg-height=\"317\" referrerpolicy=\"no-referrer\"/></p><p>Author based on Seeking Alpha data</p><p><b>TSLA’s fixed cost and variable cost</b></p><p>For a production business like TSLA, the basic economics are well-understood and shown in the following chart taken from <i>A Modern Approach to Graham and Dodd Investing</i> by Thomas P. Au. As also explained in the book,</p><blockquote><i>Profit is a function of volume, price, and cost, as shown in the next figure. Costs come in two varieties, fixed costs and the variable cost (shown as F and M * V in the figure, where M is the marginal cost of producing an additional unit and V is the production volume). Fix costs include things like plant and equipment (especially the depreciation thereon) and also most capital costs (such as interest expenses). Fixed costs were incurred upfront and do not vary with the level of output. A production business has to first pass the breakeven point to make a profit. After it breaks the critical volume of sales, the fixed costs are spread out on more and more units and profit margins will improve.</i></blockquote><p><img src=\"https://static.tigerbbs.com/f5c669923352cb292c185f41f4ea4fd9\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"/></p><p>A Modern Approach to Graham and Dodd Investing by Thomas P. Au</p><p>The next chart shows how these dynamics are playing out at TSLA. The chart shows my estimates of TSLA’s fixed cost and variable costs. The plot is made in double-logarithmic scales. The blue line shows its total revenue and the orange line shows my best fit to the model above based on its actual data.</p><p>You can see again that the break-even point occurred somewhere close to 100K vehicles (where the blue line and orange intersect). And in reality, its total vehicle deliveries exceeded 100K for the first time in 2017, corroborating the validity of the fit. By calculating the slope of the orange line, we can also determine the variable cost to be about $42,000 per vehicle for TSLA. By extrapolating the orange line to the left, you could see that the fixed cost is about $2 billion. Moreover, by extrapolating the orange line all the way to 1M vehicle delivery (which it aims to reach this year), we can project the fixed cost, the variable cost, and also the profit (i.e., the difference between the blue and orange lines).</p><p>Under a double-log scale, the difference is hard to see. So, in the next section, I will tabulate these numbers and project them into the next few years also.</p><p><img src=\"https://static.tigerbbs.com/5520e0e03cd80a27fd4c847f92439068\" tg-width=\"640\" tg-height=\"339\" referrerpolicy=\"no-referrer\"/></p><p>Author</p><p><b>TSLA Stock’s profit and return projections</b></p><p>This next table repeats the same information that I obtained from the fitting (especially, the average fixed cost, variable cost, and net profit per vehicle) shown in the chart above. Except it is presented in a tabular form this time.</p><p>Based on these parameters, we can also make projections about the TSLA’s revenues and profits going forward. To summarize, the key parameters are: A) the variable cost per vehicle is $42,000; and B) a fixed cost of $2B. Finally, I also made the assumption that: A) the operating expenses are 13% of total sales, which is consistent with its current levels; B) it can maintain the current average vehicle price tag of $66,000; and C) its annual production would grow at 30% CAGR.</p><p>As can be seen, based on these projections. Its total revenues are projected to reach about $188B. The projection is quite close to the consensus estimate of $191B in 2026 as shown below. Assuming the consensus estimates are reached by other independent methods, such agreement serves as another good sign of the validity of the above model and fitting. And a fundamental understanding of its variable cost and fixed cost can provide us with powerful insights into its profit drivers and understand future returns.</p><p>For example, right now, there is no doubt that the business is expensively valued. However, with the above fixed cost and variable cost, the table shows that it can benefit from the scale of production to a further degree going forward. Total revenues are projected to reach $188B in 2026 and EBITDA earnings are projected to reach $45B by 2026. Under the current price, price to sales ratio would be about 5.1x in 2026, the EV/sales ratio about 5.2x, and the EV/EBITDA ratio about 21x. The P/S and EV/S ratios would not be that different from the overall market by then.</p><p><img src=\"https://static.tigerbbs.com/98d10ac6399c754be5f519058eac954f\" tg-width=\"640\" tg-height=\"303\" referrerpolicy=\"no-referrer\"/></p><p>Author: TSLA’s profit and return projections</p><p><img src=\"https://static.tigerbbs.com/fcc4fe07e1d74f5be8ebf212d915aeb0\" tg-width=\"640\" tg-height=\"236\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Final thoughts and risks</b></p><p>To recap, I see the past two quarters as a stress test on Tesla and I further see it passed the test. There should no longer be any doubt about its profitability, production resilience, and pricing power after this test. Going forward, a few catalysts could further boost its profitability in the near future. As the Shanghai Gigafactory resumes operation and factories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree. Its recent advancements in full self-driving software add further optionality and upward potential for shareholders.</p><p>However, there are a few lingering issues on its scorecard. The price increase itself was not sufficient to overcome the rising costs. Profit per vehicle actually decreased by more than 25% despite an almost 16% increase in the average sales price tag per vehicle. Going forward, I see such cost control (raw materials, labor, and general inflation) challenges to persist. And finally, it is just in general difficult to predict things that grow at fast rates, which is an inherent risk with nonlinear stocks like TSLA. TSLA management repeatedly mentioned its goal and confidence of growing deliveries at 50% annual rates, while other sources’ estimates are all over the place. For example, Morning Star analysis assumes Tesla only delivers around 5.7 million vehicles by 2030, well below management’s target. While Cathie Wood believes (or believed) that Tesla can sell 20m vehicles a year by 2025. You can see such variance (and hence risks) by the huge difference in the low and high ends of the consensus estimates below. The variance is more than 2x by 2024, more than 3x by 2025, and almost 4x by 2026.</p><p><img src=\"https://static.tigerbbs.com/3880cc09103624085d81075fe424881e\" tg-width=\"640\" tg-height=\"131\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Just Took A Stress Test And Passed It</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nTesla Just Took A Stress Test And Passed It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-09 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al....</p>\n\n<a href=\"https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121193410","content_text":"SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.However, its June-quarter results topped expectations largely driven by a healthy ramp-up of total deliveries despite all the challenges.It also demonstrated its pricing muscle and showed that its production has clearly passed the pivot point of the critical scale.Going forward, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree.Thesis and BackgroundTesla (NASDAQ: TSLA) essentially took a stress test in the past two quarters. And to investors’ relief, it passed the test. Although we look more closely (which we will in the next section), there are still some lingering issues in its scorecard. But overall, its June-quarter results topped expectations despite the multitude of challenges it faced in the first half of the year, including limited production and shutdowns at its factory in Shanghai for most of the quarter, ongoing supply-chain disruptions, and rising labor and raw materials cost. Despite all these challenges, revenues for the June quarter went up 42% YoY and the total deliveries reached almost 255K (a 27% increase YoY). Looking forward, management is targeting record production in the second half of the year.At the same time, TSLA has also demonstrated its pricing muscle amid soaring inflation. Later in the article, you will see that the average unit sale price went up by almost 10% compared to the previous quarter and by more than 16% compared to the 4thquarter of 2021. Yet, customers are still flocking to buy its cars as quickly as it can make them.Such pricing and the resilience of its integrated production system form a powerful combination. Moreover, its production has clearly passed the pivot point of the critical scale. As the Gigafactories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree as elaborated on next immediately.TSLA’s stress testThe following chart illustrates the nature of the stress test that Tesla just took in the past two quarters. This chart shows the average CFO (cash from operations) per vehicle and also the average unit price per vehicle since 2015. To set the background, you can see very clearly that Tesla has passed the pivot point of critical scale around 2018. Since 2015, it was able to make an improving profit per vehicle while the unit price (i.e., the price tag on each vehicle) has actually been DECLINING. The average price tag for a TSLA vehicle was around $80.9K back in 2015 (when one of my friends joked that it was like driving a piece of jewelry with limited range). The average price declined to $57.5K in 2021, while the net profits soared during the same period, as you can see. And the net profit turned positive in 2018, a clear indicator of passing the breakeven point.Then came the stress test in 2022. Due to all of the above-mentioned challenges, the business had to increase the unit price from an average of $57.5K per vehicle in 2021 to $66.5K in Q2 of 2022, a price increase of 15.6%. It is undoubtedly good news that the business has the pricing power to increase the price at such a substantial magnitude. However, the bad news is that the price increase itself is not sufficient to overcome the inflation cost, raw materials, et al. As a result, the net profit per vehicle actually decreased as seen. The average CFO per vehicle reached a peak of $12.2K in 2021 and declined to $9.23K in Q2 2022, a decline of more than 25%.So overall, it turned in a good scorecard with some lingering issues, and we will examine these issues more next.Author based on Seeking Alpha dataTSLA’s fixed cost and variable costFor a production business like TSLA, the basic economics are well-understood and shown in the following chart taken from A Modern Approach to Graham and Dodd Investing by Thomas P. Au. As also explained in the book,Profit is a function of volume, price, and cost, as shown in the next figure. Costs come in two varieties, fixed costs and the variable cost (shown as F and M * V in the figure, where M is the marginal cost of producing an additional unit and V is the production volume). Fix costs include things like plant and equipment (especially the depreciation thereon) and also most capital costs (such as interest expenses). Fixed costs were incurred upfront and do not vary with the level of output. A production business has to first pass the breakeven point to make a profit. After it breaks the critical volume of sales, the fixed costs are spread out on more and more units and profit margins will improve.A Modern Approach to Graham and Dodd Investing by Thomas P. AuThe next chart shows how these dynamics are playing out at TSLA. The chart shows my estimates of TSLA’s fixed cost and variable costs. The plot is made in double-logarithmic scales. The blue line shows its total revenue and the orange line shows my best fit to the model above based on its actual data.You can see again that the break-even point occurred somewhere close to 100K vehicles (where the blue line and orange intersect). And in reality, its total vehicle deliveries exceeded 100K for the first time in 2017, corroborating the validity of the fit. By calculating the slope of the orange line, we can also determine the variable cost to be about $42,000 per vehicle for TSLA. By extrapolating the orange line to the left, you could see that the fixed cost is about $2 billion. Moreover, by extrapolating the orange line all the way to 1M vehicle delivery (which it aims to reach this year), we can project the fixed cost, the variable cost, and also the profit (i.e., the difference between the blue and orange lines).Under a double-log scale, the difference is hard to see. So, in the next section, I will tabulate these numbers and project them into the next few years also.AuthorTSLA Stock’s profit and return projectionsThis next table repeats the same information that I obtained from the fitting (especially, the average fixed cost, variable cost, and net profit per vehicle) shown in the chart above. Except it is presented in a tabular form this time.Based on these parameters, we can also make projections about the TSLA’s revenues and profits going forward. To summarize, the key parameters are: A) the variable cost per vehicle is $42,000; and B) a fixed cost of $2B. Finally, I also made the assumption that: A) the operating expenses are 13% of total sales, which is consistent with its current levels; B) it can maintain the current average vehicle price tag of $66,000; and C) its annual production would grow at 30% CAGR.As can be seen, based on these projections. Its total revenues are projected to reach about $188B. The projection is quite close to the consensus estimate of $191B in 2026 as shown below. Assuming the consensus estimates are reached by other independent methods, such agreement serves as another good sign of the validity of the above model and fitting. And a fundamental understanding of its variable cost and fixed cost can provide us with powerful insights into its profit drivers and understand future returns.For example, right now, there is no doubt that the business is expensively valued. However, with the above fixed cost and variable cost, the table shows that it can benefit from the scale of production to a further degree going forward. Total revenues are projected to reach $188B in 2026 and EBITDA earnings are projected to reach $45B by 2026. Under the current price, price to sales ratio would be about 5.1x in 2026, the EV/sales ratio about 5.2x, and the EV/EBITDA ratio about 21x. The P/S and EV/S ratios would not be that different from the overall market by then.Author: TSLA’s profit and return projectionsSeeking AlphaFinal thoughts and risksTo recap, I see the past two quarters as a stress test on Tesla and I further see it passed the test. There should no longer be any doubt about its profitability, production resilience, and pricing power after this test. Going forward, a few catalysts could further boost its profitability in the near future. As the Shanghai Gigafactory resumes operation and factories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree. Its recent advancements in full self-driving software add further optionality and upward potential for shareholders.However, there are a few lingering issues on its scorecard. The price increase itself was not sufficient to overcome the rising costs. Profit per vehicle actually decreased by more than 25% despite an almost 16% increase in the average sales price tag per vehicle. Going forward, I see such cost control (raw materials, labor, and general inflation) challenges to persist. And finally, it is just in general difficult to predict things that grow at fast rates, which is an inherent risk with nonlinear stocks like TSLA. TSLA management repeatedly mentioned its goal and confidence of growing deliveries at 50% annual rates, while other sources’ estimates are all over the place. For example, Morning Star analysis assumes Tesla only delivers around 5.7 million vehicles by 2030, well below management’s target. While Cathie Wood believes (or believed) that Tesla can sell 20m vehicles a year by 2025. You can see such variance (and hence risks) by the huge difference in the low and high ends of the consensus estimates below. The variance is more than 2x by 2024, more than 3x by 2025, and almost 4x by 2026.Seeking Alpha","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073347442,"gmtCreate":1657292076586,"gmtModify":1676535986166,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073347442","repostId":"2249066752","repostType":4,"repost":{"id":"2249066752","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":1657295638,"share":"https://www.laohu8.com/m/news/2249066752?lang=&edition=full","pubTime":"2022-07-08 23:53","market":"us","language":"en","title":"Jobs Blowout Means More Pressure for Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2249066752","media":"Reuters","summary":"(Reuters) - Another blowout jobs number and continued wage growth will likely stiffen resolve at the","content":"<html><head></head><body><p>(Reuters) - Another blowout jobs number and continued wage growth will likely stiffen resolve at the Federal Reserve for another three-quarter point rate increase at the central bank&#39;s July meeting, as the welcome news of a still strong job market clashes with concern that it will have to cool ease inflation.</p><p>U.S. firms added 372,000 jobs in June, a far larger number than expected that pushed private employment back above its pre-pandemic level and kept the unemployment rate at an ultra-low 3.6%.</p><p>Wages continuted to rise at a 5.1% annual rate, only slightly lower than the prior month.</p><p>While that is likely to cool speculation of an impending recession, it could fuel uncertainty about whether the Fed will need to become more aggressive in its use of higher interest rates to cool the economy and bring consumer inflation down from the current 40-year high of more than 8%.</p><p>&#34;I am fully supportive of moving 75 basis points,&#34; at the July meeting, Atlanta Fed president Raphael Bostic said on CNBC. &#34;This report just reaffirms that the economy is strong and that there is still a lot of momentum in the labor market and that is a good thing.&#34;</p><p>Bostic said he was taking a &#34;wait and see&#34; attitude about further rate hikes as he parses signs that the economy may be slowing overall against upcoming inflation and jobs reports - a debate that will frame what the Fed does beyond its July meeting.</p><p>Several Fed officials have now endorsed a three-quarter point increase at the July session, but have left open using further large hikes if inflation does not clearly turn lower.</p><p>For that to happen central bank officials feel the labor market will also have to cool, and so far it has shown little evidence of doing so. Job openings data for May showed there are still nearly 2 openings for each unemployed person.</p><p>Traders bet on bigger Fed rate hikes after the report, with interest-rate futures contracts now even reflecting a small chance the Fed raises rates by a full percentage point in July. Rate futures contracts now reflect a base case view the Fed&#39;s policy rate will be in the 3.5%-3.75% range by year end, higher than Fed policymakers themselves predicted just three weeks ago.</p><p>&#34;This calls into question...the narratiave that recession is imminent,&#34; said Nela Richardson, chief economist for payrll processor ADP. &#34;This is a bonus for the Fed. They can be aggressive.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jobs Blowout Means More Pressure for Fed</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; 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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\">\nJobs Blowout Means More Pressure for Fed\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\">2022-07-08 23:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Another blowout jobs number and continued wage growth will likely stiffen resolve at the Federal Reserve for another three-quarter point rate increase at the central bank&#39;s July meeting, as the welcome news of a still strong job market clashes with concern that it will have to cool ease inflation.</p><p>U.S. firms added 372,000 jobs in June, a far larger number than expected that pushed private employment back above its pre-pandemic level and kept the unemployment rate at an ultra-low 3.6%.</p><p>Wages continuted to rise at a 5.1% annual rate, only slightly lower than the prior month.</p><p>While that is likely to cool speculation of an impending recession, it could fuel uncertainty about whether the Fed will need to become more aggressive in its use of higher interest rates to cool the economy and bring consumer inflation down from the current 40-year high of more than 8%.</p><p>&#34;I am fully supportive of moving 75 basis points,&#34; at the July meeting, Atlanta Fed president Raphael Bostic said on CNBC. &#34;This report just reaffirms that the economy is strong and that there is still a lot of momentum in the labor market and that is a good thing.&#34;</p><p>Bostic said he was taking a &#34;wait and see&#34; attitude about further rate hikes as he parses signs that the economy may be slowing overall against upcoming inflation and jobs reports - a debate that will frame what the Fed does beyond its July meeting.</p><p>Several Fed officials have now endorsed a three-quarter point increase at the July session, but have left open using further large hikes if inflation does not clearly turn lower.</p><p>For that to happen central bank officials feel the labor market will also have to cool, and so far it has shown little evidence of doing so. Job openings data for May showed there are still nearly 2 openings for each unemployed person.</p><p>Traders bet on bigger Fed rate hikes after the report, with interest-rate futures contracts now even reflecting a small chance the Fed raises rates by a full percentage point in July. Rate futures contracts now reflect a base case view the Fed&#39;s policy rate will be in the 3.5%-3.75% range by year end, higher than Fed policymakers themselves predicted just three weeks ago.</p><p>&#34;This calls into question...the narratiave that recession is imminent,&#34; said Nela Richardson, chief economist for payrll processor ADP. &#34;This is a bonus for the Fed. They can be aggressive.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249066752","content_text":"(Reuters) - Another blowout jobs number and continued wage growth will likely stiffen resolve at the Federal Reserve for another three-quarter point rate increase at the central bank's July meeting, as the welcome news of a still strong job market clashes with concern that it will have to cool ease inflation.U.S. firms added 372,000 jobs in June, a far larger number than expected that pushed private employment back above its pre-pandemic level and kept the unemployment rate at an ultra-low 3.6%.Wages continuted to rise at a 5.1% annual rate, only slightly lower than the prior month.While that is likely to cool speculation of an impending recession, it could fuel uncertainty about whether the Fed will need to become more aggressive in its use of higher interest rates to cool the economy and bring consumer inflation down from the current 40-year high of more than 8%.\"I am fully supportive of moving 75 basis points,\" at the July meeting, Atlanta Fed president Raphael Bostic said on CNBC. \"This report just reaffirms that the economy is strong and that there is still a lot of momentum in the labor market and that is a good thing.\"Bostic said he was taking a \"wait and see\" attitude about further rate hikes as he parses signs that the economy may be slowing overall against upcoming inflation and jobs reports - a debate that will frame what the Fed does beyond its July meeting.Several Fed officials have now endorsed a three-quarter point increase at the July session, but have left open using further large hikes if inflation does not clearly turn lower.For that to happen central bank officials feel the labor market will also have to cool, and so far it has shown little evidence of doing so. Job openings data for May showed there are still nearly 2 openings for each unemployed person.Traders bet on bigger Fed rate hikes after the report, with interest-rate futures contracts now even reflecting a small chance the Fed raises rates by a full percentage point in July. Rate futures contracts now reflect a base case view the Fed's policy rate will be in the 3.5%-3.75% range by year end, higher than Fed policymakers themselves predicted just three weeks ago.\"This calls into question...the narratiave that recession is imminent,\" said Nela Richardson, chief economist for payrll processor ADP. \"This is a bonus for the Fed. They can be aggressive.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174814088,"gmtCreate":1627090356744,"gmtModify":1703484020627,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/174814088","repostId":"2153980423","repostType":4,"repost":{"id":"2153980423","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":1627081209,"share":"https://www.laohu8.com/m/news/2153980423?lang=&edition=full","pubTime":"2021-07-24 07:00","market":"us","language":"en","title":"Wall Street surges to all-time closing high on earnings, economic revival","url":"https://stock-news.laohu8.com/highlight/detail?id=2153980423","media":"Reuters","summary":"* All 3 major indexes post weekly gains\n* Dow closes above 35,000 for first time ever\n* Social media","content":"<p>* All 3 major indexes post weekly gains</p>\n<p>* Dow closes above 35,000 for first time ever</p>\n<p>* Social media stocks rally after upbeat results</p>\n<p>* Intel sales forecast implies rocky second half</p>\n<p>* Indexes up: Dow 0.68%, S&amp;P 1.01%, Nasdaq 1.04%</p>\n<p>Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.</p>\n<p>The Dow closed above 35,000 for the first time ever.</p>\n<p>\"We see a continuation of the last couple days. It's roller coaster in reverse. We did the drop first, and we’ve been climbing back to the top ever since,\" said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.</p>\n<p>Growth and value stocks seesawed for much of the week as market participants weighed spiking infections of the COVID-19 Delta variant against strong corporate results and signs of economic revival.</p>\n<p>\"There’s push and pull, there’s clearly conflict in the market,\" Zaccarelli added. \"There’s a strong difference of opinion as to whether the future’s bright or whether there are clouds on the horizon.\"</p>\n<p>Market participants now look toward next week with the Federal Reserve's two-day monetary policy meeting and a series of high-profile earnings.</p>\n<p>The Fed's statement will be parsed for clues regarding the timeframe for tightening its accommodative policies, although Chairman Jerome Powell has repeatedly said the economy still needs the central bank's full support.</p>\n<p>The Dow Jones Industrial Average rose 238.2 points, or 0.68%, to 35,061.55, the S&amp;P 500 gained 44.31 points, or 1.01%, to 4,411.79 and the Nasdaq Composite added 152.39 points, or 1.04%, to 14,836.99.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, all but energy&nbsp;closed green, with communications services enjoying the largest gain, rising 2.7%.</p>\n<p>Second-quarter reporting season is in full swing, with 120 of the companies in the S&amp;P 500 having reported. Of those, 88% have beaten consensus, according to Refinitiv.</p>\n<p>\"We’re seeing companies, on average, beat on the top and on the bottom line,\" Zaccarelli said. \"We’re seeing the resilience of the consumer and that’s been the story of the earnings season so far.\"</p>\n<p>Analysts now expect aggregate year-on-year S&amp;P 500 earnings growth of 78.1% for the April to June period, a sizeable increase from the 54% annual growth seen at the beginning of the quarter.</p>\n<p>Chipmaker Intel Corp said late Thursday that it still faces supply constraints and provided disappointing guidance. Its stock fell 5.3%.</p>\n<p>Moderna Inc jumped 7.8% after the European Union approved its COVID-19 vaccine for 12- to 17-year-olds.</p>\n<p>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Co gained 1.3% after posting second-quarter profit that handily beat expectations on the strength of a global recovery in consumer spending.</p>\n<p>Social media firms <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc and <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>&nbsp;advanced 3.0% and 23.8%, respectively, on the back of their upbeat results.</p>\n<p>Those results bode well for <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc, which is due to post second-quarter results next week. Its stock surged 5.3%.</p>\n<p>Other high-profile earnings expected next week include Tesla Inc, Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com.</p>\n<p>Industrials Lockheed Martin Corp, Boeing Co, Ford Motor Co, General Dynamics Corp, <a href=\"https://laohu8.com/S/MMM\">3M</a> Co Caterpillar Inc, Chevron Corp and Exxon Mobil Corp, along with a host of healthcare, consumer goods and others, are also on deck.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 82 new 52-week highs and no new lows; the Nasdaq Composite recorded 81 new highs and 136 new lows.</p>\n<p>Volume on U.S. exchanges was 9.72 billion shares, compared with the 10.14 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street surges to all-time closing high on earnings, economic revival</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\">\nWall Street surges to all-time closing high on earnings, economic revival\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-24 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* All 3 major indexes post weekly gains</p>\n<p>* Dow closes above 35,000 for first time ever</p>\n<p>* Social media stocks rally after upbeat results</p>\n<p>* Intel sales forecast implies rocky second half</p>\n<p>* Indexes up: Dow 0.68%, S&amp;P 1.01%, Nasdaq 1.04%</p>\n<p>Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.</p>\n<p>The Dow closed above 35,000 for the first time ever.</p>\n<p>\"We see a continuation of the last couple days. It's roller coaster in reverse. We did the drop first, and we’ve been climbing back to the top ever since,\" said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.</p>\n<p>Growth and value stocks seesawed for much of the week as market participants weighed spiking infections of the COVID-19 Delta variant against strong corporate results and signs of economic revival.</p>\n<p>\"There’s push and pull, there’s clearly conflict in the market,\" Zaccarelli added. \"There’s a strong difference of opinion as to whether the future’s bright or whether there are clouds on the horizon.\"</p>\n<p>Market participants now look toward next week with the Federal Reserve's two-day monetary policy meeting and a series of high-profile earnings.</p>\n<p>The Fed's statement will be parsed for clues regarding the timeframe for tightening its accommodative policies, although Chairman Jerome Powell has repeatedly said the economy still needs the central bank's full support.</p>\n<p>The Dow Jones Industrial Average rose 238.2 points, or 0.68%, to 35,061.55, the S&amp;P 500 gained 44.31 points, or 1.01%, to 4,411.79 and the Nasdaq Composite added 152.39 points, or 1.04%, to 14,836.99.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, all but energy&nbsp;closed green, with communications services enjoying the largest gain, rising 2.7%.</p>\n<p>Second-quarter reporting season is in full swing, with 120 of the companies in the S&amp;P 500 having reported. Of those, 88% have beaten consensus, according to Refinitiv.</p>\n<p>\"We’re seeing companies, on average, beat on the top and on the bottom line,\" Zaccarelli said. \"We’re seeing the resilience of the consumer and that’s been the story of the earnings season so far.\"</p>\n<p>Analysts now expect aggregate year-on-year S&amp;P 500 earnings growth of 78.1% for the April to June period, a sizeable increase from the 54% annual growth seen at the beginning of the quarter.</p>\n<p>Chipmaker Intel Corp said late Thursday that it still faces supply constraints and provided disappointing guidance. Its stock fell 5.3%.</p>\n<p>Moderna Inc jumped 7.8% after the European Union approved its COVID-19 vaccine for 12- to 17-year-olds.</p>\n<p>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Co gained 1.3% after posting second-quarter profit that handily beat expectations on the strength of a global recovery in consumer spending.</p>\n<p>Social media firms <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc and <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>&nbsp;advanced 3.0% and 23.8%, respectively, on the back of their upbeat results.</p>\n<p>Those results bode well for <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc, which is due to post second-quarter results next week. Its stock surged 5.3%.</p>\n<p>Other high-profile earnings expected next week include Tesla Inc, Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com.</p>\n<p>Industrials Lockheed Martin Corp, Boeing Co, Ford Motor Co, General Dynamics Corp, <a href=\"https://laohu8.com/S/MMM\">3M</a> Co Caterpillar Inc, Chevron Corp and Exxon Mobil Corp, along with a host of healthcare, consumer goods and others, are also on deck.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 82 new 52-week highs and no new lows; the Nasdaq Composite recorded 81 new highs and 136 new lows.</p>\n<p>Volume on U.S. exchanges was 9.72 billion shares, compared with the 10.14 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","EXPR":"Express, Inc.","SNAP":"Snap Inc",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","TWTR":"Twitter"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153980423","content_text":"* All 3 major indexes post weekly gains\n* Dow closes above 35,000 for first time ever\n* Social media stocks rally after upbeat results\n* Intel sales forecast implies rocky second half\n* Indexes up: Dow 0.68%, S&P 1.01%, Nasdaq 1.04%\nWall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.\nThe Dow closed above 35,000 for the first time ever.\n\"We see a continuation of the last couple days. It's roller coaster in reverse. We did the drop first, and we’ve been climbing back to the top ever since,\" said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.\nGrowth and value stocks seesawed for much of the week as market participants weighed spiking infections of the COVID-19 Delta variant against strong corporate results and signs of economic revival.\n\"There’s push and pull, there’s clearly conflict in the market,\" Zaccarelli added. \"There’s a strong difference of opinion as to whether the future’s bright or whether there are clouds on the horizon.\"\nMarket participants now look toward next week with the Federal Reserve's two-day monetary policy meeting and a series of high-profile earnings.\nThe Fed's statement will be parsed for clues regarding the timeframe for tightening its accommodative policies, although Chairman Jerome Powell has repeatedly said the economy still needs the central bank's full support.\nThe Dow Jones Industrial Average rose 238.2 points, or 0.68%, to 35,061.55, the S&P 500 gained 44.31 points, or 1.01%, to 4,411.79 and the Nasdaq Composite added 152.39 points, or 1.04%, to 14,836.99.\nOf the 11 major sectors in the S&P 500, all but energy closed green, with communications services enjoying the largest gain, rising 2.7%.\nSecond-quarter reporting season is in full swing, with 120 of the companies in the S&P 500 having reported. Of those, 88% have beaten consensus, according to Refinitiv.\n\"We’re seeing companies, on average, beat on the top and on the bottom line,\" Zaccarelli said. \"We’re seeing the resilience of the consumer and that’s been the story of the earnings season so far.\"\nAnalysts now expect aggregate year-on-year S&P 500 earnings growth of 78.1% for the April to June period, a sizeable increase from the 54% annual growth seen at the beginning of the quarter.\nChipmaker Intel Corp said late Thursday that it still faces supply constraints and provided disappointing guidance. Its stock fell 5.3%.\nModerna Inc jumped 7.8% after the European Union approved its COVID-19 vaccine for 12- to 17-year-olds.\nAmerican Express Co gained 1.3% after posting second-quarter profit that handily beat expectations on the strength of a global recovery in consumer spending.\nSocial media firms Twitter Inc and Snap Inc advanced 3.0% and 23.8%, respectively, on the back of their upbeat results.\nThose results bode well for Facebook Inc, which is due to post second-quarter results next week. Its stock surged 5.3%.\nOther high-profile earnings expected next week include Tesla Inc, Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com.\nIndustrials Lockheed Martin Corp, Boeing Co, Ford Motor Co, General Dynamics Corp, 3M Co Caterpillar Inc, Chevron Corp and Exxon Mobil Corp, along with a host of healthcare, consumer goods and others, are also on deck.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.\nThe S&P 500 posted 82 new 52-week highs and no new lows; the Nasdaq Composite recorded 81 new highs and 136 new lows.\nVolume on U.S. exchanges was 9.72 billion shares, compared with the 10.14 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133002149,"gmtCreate":1621664211181,"gmtModify":1704361251501,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/133002149","repostId":"1108503848","repostType":4,"repost":{"id":"1108503848","pubTimestamp":1621588268,"share":"https://www.laohu8.com/m/news/1108503848?lang=&edition=full","pubTime":"2021-05-21 17:11","market":"us","language":"en","title":"5 Winning Stocks and 5 Losing Stocks to Watch Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1108503848","media":"InvestorPlace","summary":"Even the losers from this past week are stocks to watch in the coming months and years\nSource: Shutt","content":"<p>Even the losers from this past week are stocks to watch in the coming months and years</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c1b96841fd1fab78d26e207f9b18338\" tg-width=\"1024\" tg-height=\"576\"><span>Source: Shutterstock</span></p>\n<p>Around this time last year, I wrote up a gallery of stocks to watch that had caught investor interest over a week’s worth of trading. In that example, the<b>S&amp;P 500</b>had gained 3.5% over the previous five days of trading.</p>\n<p>As a result, out of my 10 stocks to watch,seven were burning up the track&nbsp;while three were lagging the index.</p>\n<p>Now that we’re in 2021, I thought I would do the same thing.</p>\n<p>Only this time, I’ll find five winners and losers from the past five days of trading who’ve either outperformed or underperformed the index. For this article, I’ll use May 12 through May 18 (five days and a weekend) and limit the companies to stocks with market capitalizations of $10 billion or higher.</p>\n<p>If you’re wondering, the 10 stocks to watch from my article (both good and bad weekly performances) had lights-out returns over the past year.</p>\n<p>Between May 12 and May 18, the S&amp;P 500 had a total return of -0.6%. Based on that, here are my five winning stocks and five losing stocks to watch right now.</p>\n<ul>\n <li><b>NortonLifeLock</b>(NASDAQ:<b><u>NLOK</u></b>)</li>\n <li><b>Occidental Petroleum</b>(NYSE:<b><u>OXY</u></b>)</li>\n <li><b>Ulta Beauty</b>(NASDAQ:<b><u>ULTA</u></b>)</li>\n <li><b>Royal Caribbean</b>(NYSE:<b><u>RCL</u></b>)</li>\n <li><b>Hershey</b>(NYSE:<b><u>HSY</u></b>)</li>\n <li><b>AT&amp;T</b>(NYSE:<b><u>T</u></b>)</li>\n <li><b>Lennar</b>(NYSE:<b><u>LEN</u></b>)</li>\n <li><b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>)</li>\n <li><b>Chipotle Mexican Grill</b>(NYSE:<b><u>CMG</u></b>)</li>\n <li><b>MSCI</b>(NYSE:<b><u>MSCI</u></b>)</li>\n</ul>\n<p><b>NortonLifeLock (NLOK)</b></p>\n<p><b>Five-day performance:</b>13.5%</p>\n<p>The cybersecurity software and services company got a nice boost on May 12 when BofA analyst Tal Liani upgraded NLOK stock to “buy” from “underperform.” More importantly, the analyst increased its target price by 58%, from&nbsp;$19 to $30. Currently trading below the target, it’s possible future quarterly results could push that higher.</p>\n<p>Liani believes that the consumer market, NortonLifeLock’s bread and butter, provides it with a long runway of growth. The company itself expects 2022 revenue growth of at least 8% and adjusted earnings per share of $1.70, which would be 60% higher year-over-year.</p>\n<p>“Management believes the consumer cybersecurity market is heavily underpenetrated, which leaves room for growing the subscriber base as well,” Liani wrote.“Lastly, international expansion is another key element, with international sales accounting for 30% of revenues, and management outlined a country-by-country strategy to address the remaining potential.”</p>\n<p>NortonLifeLock’s been on a strong run the past five years with an annualized total return of 18.8%. But it looks as though the next five could be equally rewarding for shareholders.</p>\n<p><b>Occidental Petroleum (OXY)</b></p>\n<p><b>Five-day performance:</b>5.6%</p>\n<p><i>Investor’s Business Daily</i>&nbsp;commented in early May that the Occidental corporate jet was&nbsp;spotted in Omaha&nbsp;days before Warren Buffett invested&nbsp;$10 billion&nbsp;in the oil company in 2019.</p>\n<p>At times in the past couple of years, I’m sure Buffett would have preferred the jet go almost anywhere else except Omaha, as the price of oil tanked. As part of his $10 billion preferred-share investment, Buffett got&nbsp;83.86 million warrants&nbsp;to buy OXY stock at $59.62.</p>\n<p>Starting in 2029, Occidental can redeem the 8% preferreds at a redemption price equal to 105% of the liquidation preference plus any unpaid dividends. The dividends Buffett was paid in 2020 were made in Oxy stock. The Oracle of Omaha&nbsp;sold those shares&nbsp;in August 2020.</p>\n<p>Thanks to a rebound in oil prices, Occidental’s got a total return of almost 72% over the past year, significantly higher than the U.S. markets as a whole. However, as I write this, OXY stock is still trading at less than half Buffett’s exercise price.</p>\n<p>He’s got until one year after Occidental were to redeem its preferred shares. That means at least another nine years to move into the money.</p>\n<p><b>Ulta Beauty (ULTA)</b></p>\n<p><b>Five-day performance:</b>4.7%</p>\n<p>The specialty retailer of cosmetics, skin and hair care products, fragrances, and a provider of beauty salon services, reports its&nbsp;Q1 2021 results&nbsp;on May 27. The 27 analysts who cover ULTA estimate&nbsp;$1.90 per share&nbsp;on the bottom line and $1.63 billion in sales on the top line. Both will be marked improvements from a year ago when Covid-19 stay-at-home orders were kicking in.</p>\n<p>In mid-May, JPMorgan analysts named Ulta to its list of&nbsp;favorite retail stocks. The bank gives ULTA an overweight rating and has it on its Analyst Focus List. Interestingly,<b>Target</b>(NYSE:<b><u>TGT</u></b>) is also a favorite of JPM due to its inventory control and overall strength during the important back-to-school season.</p>\n<p>In November, Ulta announced that it would open&nbsp;1,000-square-foot shops&nbsp;within Target. They will be staffed by the discount retailer with training from Ulta.</p>\n<p>Both Ulta CEO Mary Dillon and Target CEO Brian Cornell believe the arrangement will help drive traffic to both stores. Two of the best CEOs in retail, this partnership is sure to be a success, making ULTA one of our stocks to watch.</p>\n<p><b>Royal Caribbean (RCL)</b></p>\n<p><b>Five-day performance:</b>4.6%</p>\n<p>It wasn’t just Royal Caribbean that had a good five days of trading. All of the cruise operators did.<b>Carnival</b>&nbsp;(NYSE:<b><u>CCL</u></b>) and&nbsp;<b>Norwegian Cruise Line Holdings</b>&nbsp;(NYSE:<b><u>NCLH</u></b>) were up 8.2% and 5.7%, respectively. I happen to prefer RCL over the other two.</p>\n<p>The cruise operator got&nbsp;excellent news&nbsp;in late April when the Centers for Disease Control and Prevention clarified its position on cruise ships setting sail from American ports of call this summer. Royal Caribbean figures it can restart its U.S. cruise departures in mid-July.</p>\n<p>Considering it lost&nbsp;$1.1 billion&nbsp;in its latest quarter, the news couldn’t have come at a better time. Plus, its balance sheet is currently bolstered by more than $5 billion in cash. As cruise-goers appear to be ready to spend more on cruises than in past years, they should be able to get back to pre-Covid revenues by the end of 2022, perhaps earlier.</p>\n<p>In 2020, while RCL was getting pummeled, I continued to say it was&nbsp;a long-term winner. Up almost double in the past year, RCL should top $100 before the end of 2021.</p>\n<p><b>Hershey (HSY)</b></p>\n<p><b>Five-day performance:</b>2.3%</p>\n<p>I know what you’re thinking. When considering stocks to watch, why include a company that gained a measly 2.3% over the past five days? Especially when there were 46 stocks ($10 billion market cap or higher) with a better return?</p>\n<p>Simple. I like the job CEO Michele Buck has done since&nbsp;taking the top job&nbsp;in March 2017. It’s why I included Hershey on my October 2020&nbsp;list of companies&nbsp;with top-notch women CEOs. Since that article, HSY stock is up 18% since.</p>\n<p>&nbsp;In late April, Buck said that she expects&nbsp;Halloween to be very strong&nbsp;this coming October as vaccinations make it possible for trick-or-treaters to get out in the evening air to collect their annual haul of candy and chocolate. I, for one, will be loading up this year.</p>\n<p>“Consumers are participating in seasons, they are telling us they’re doing more movie nights at home, they’re making more s’mores at home [and] at the same time, we’re seeing growth in our food service and our own retail businesses, which are away from home,” Buck told<i>CNBC.</i></p>\n<p>As a result, HSY sees higher earnings and sales in 2021 than originally expected. It’s good to know consumers haven’t lost their taste for sweets during the pandemic.</p>\n<p><b>AT&amp;T</b><b>(T)</b></p>\n<p><b>Five-day performance:</b>-8.4%</p>\n<p>Back in July 2018, I wrote about the&nbsp;<i>7 Reasons AT&amp;T Is Going to Blow the Time Warner Merger.</i>At the time, the Department of Justice was trying to block the mega-merger.</p>\n<p>In hindsight, I’m sure long-time shareholders wish the DOJ had been successful in blocking the acquisition. It’s been both a time waster and a serious blow to AT&amp;T’s reputation with dividend investors.</p>\n<p><i>CNBC</i>host Jim Cramer has been&nbsp;very critical&nbsp;of the mistakes made by AT&amp;T.</p>\n<p>“I am not calling it a transformational deal. I am calling it the denouement of a ridiculously stupid deal, the $85 billion acquisition of Time Warner, a deal that closed less than three years ago,” Cramer stated in his<i>Real Money</i>column on May 17, the day AT&amp;T threw in the towel on WarnerMedia.</p>\n<p>The reality is that T paid $85 billion for WarnerMedia. It’s getting&nbsp;$43 billion&nbsp;in cash, debt, and WarnerMedia retains some of the debt. AT&amp;T shareholders will also own 71% of the new business.</p>\n<p>The downside is that AT&amp;T will cut the dividend&nbsp;in half.</p>\n<p>All these dividend chasers are left holding squat and hoping for dear life that the merged entity can deliver at least $42 billion in additional value to get back to square one before the ridiculously stupid merger took place.</p>\n<p>It was one of the dumbest deals of the 21st century.</p>\n<p><b>Lennar (LEN)</b></p>\n<p><b>Five-day performance:</b>-7.9%</p>\n<p>Lennar makes our list of stocks to watch because over the past five days, the homebuilder lost almost 8% of its value. The&nbsp;<b>iShares U.S. Home Construction ETF</b>&nbsp;(BATS:<b><u>ITB</u></b>), which has a&nbsp;Lennar weighting&nbsp;of 12.2%, lost 5.4% over the past five days.</p>\n<p>Let’s call it a cooling-off period. The ITB has an annualized total return of 75.9% over the past year and is up 25.8% year-to-date. Over the past decade, it’s got an annualized total return of 19%, 468 basis points better than its consumer cyclical peers.</p>\n<p>For those who believe there is a housing bubble right around the corner, consider Ben Carlson’s&nbsp;<i>Fortune</i>&nbsp;article from April. It suggests&nbsp;home loans&nbsp;are mostly being made by people with good credit scores and large down payments, the opposite of the subprime meltdown in 2008.</p>\n<p>If you combine this fact with the reality that the housing supply isn’t nearly as abundant as it ought to be, you get the picture of a supply issue rather than one of excess demand.</p>\n<p>Here’s what Lennar Executive Chairman Stuart Miller had to say in its Q1 2021 conference call in March.</p>\n<blockquote>\n So, from a macro perspective, the housing market remains strong. Demand has continued to strengthen as the millennial generation, which had previously postponed its entry into the housing market, has now continued to drive family formation, while at the same time, the supply of new and existing homes remains constrained.\n</blockquote>\n<p>Take advantage of these pullbacks. The housing boom hardly seems ready to end anytime soon.</p>\n<p><b>Tesla (TSLA)</b></p>\n<p><b>Five-day performance:</b>-6.4%</p>\n<p>Innovation costs money. That’s especially true when it comes to the electrification of transportation. It took Tesla&nbsp;15 years&nbsp;to post its first annual profit after Elon Musk&nbsp;took control&nbsp;of it in 2004.</p>\n<p>After running up huge returns in 2020, Tesla is off almost 27% in the past three months due to many different reasons, including the fact Michael Burry, the man behind the&nbsp;<i>Big Short,</i>has taken a&nbsp;short position&nbsp;using put options on 800,100 shares of TSLA stock.</p>\n<p>And while Musk has gone hot and cold over&nbsp;<b>Bitcoin</b>&nbsp;(CCC:<b><u>BTC-USD</u></b>), Tesla shareholders ought to be more worried about the&nbsp;bureaucratic nightmare&nbsp;happening across the pond in Germany as it tries to get its Berlin Gigafactory built.</p>\n<p>“Although things looked good regarding the Tesla facility up to a few weeks ago, a different reality can lie behind a facade,” says Berlin-based auto analyst Matthias Schmidt.</p>\n<p>The new Berlin airport, which is very close to the Tesla factory, took almost a decade to get regulatory approval from the German authorities. If Tesla takes that long, Musk can forget about becoming the richest person in the world.</p>\n<p>I’m a fan of Musk’s innovative bent, but 2021 could turn out to be one of his most challenging years on record. That makes Tesla one of our stocks to watch.</p>\n<p><b>Chipotle Mexican Grill (CMG)</b></p>\n<p><b>Five-day performance:</b>-4.9%</p>\n<p>A piece of news that probably got lost in the shuffle was Chipotle’s March announcement that it plans to&nbsp;accelerate its expansionin&nbsp;to Canada. Over the next year, it will open eight more locations in Canada, including one Chipotlane, the company’s digital drive-up. The openings will be the first since October 2018.</p>\n<p>As a Canadian, all I can say is, it’s about time.</p>\n<p>“Given the rising popularity of Chipotle’s real food in Canada, we believe there is a massive growth opportunity in this international market,” said Anat Davidzon, Chipotle’s managing director – Canada. “Our team is focused on continuing to find ways to increase access to Chipotle for our Canadian fans.”</p>\n<p>With only 23 Chipotle locations in four Canadian cities at the moment (Toronto, Vancouver, Ottawa and London) there is plenty of room for expansion. Hopefully, they’ll open one in Halifax in the next couple of years.</p>\n<p>In the meantime, Chipotle stock has recovered nicely in recent years. A $5,000 investment three years ago is worth $15,338 today. That’s tasty.</p>\n<p>Keep in mind CMG isn’t cheap at almost&nbsp;6x sales. However, compared to&nbsp;<b>McDonald’s</b>&nbsp;(NYSE:<b><u>MCD</u></b>) at&nbsp;8.9x sales, it’s a bargain.</p>\n<p><b>MSCI (MSCI)</b></p>\n<p><b>Five-day performance:</b>-3.8%</p>\n<p>I don’t know if it’s just me and my self-diagnosed dyslexia, but I always seem to get MSCI confused with&nbsp;<b>S&amp;P Global</b>&nbsp;(NYSE:<b><u>SPGI</u></b>). They’re both financial services companies, they both have four-letter stock symbols, and over the past five days of trading, they’re both down a lot more than the index.</p>\n<p>And not to be too easy on me, but both companies have index businesses that generate significant revenue and profits for their shareholders. In the past, I’ve recommended both stocks.</p>\n<p>In May 2020, I recommended MSCI stock as one of&nbsp;seven stocks to buy&nbsp;from the&nbsp;<b>TrimTabs All Cap US Free-Cash Flow ETF</b>(BATS:<b><u>TTAC</u></b>). I picked MSCI because its free cash flow had almost doubled from $360 million in 2017 to $660 million in 2019.</p>\n<p>Well, in the trailing 12 months, it was&nbsp;$863 million, a compound annual growth rate of 31% over the past 3.25 years. Frankly, I don’t think you can go wrong owning either MSCI or SPGI.</p>\n<p>However, over the past five years, the former has doubled the performance of the latter. Take that to the bank.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Winning Stocks and 5 Losing Stocks to Watch Right 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\">\n5 Winning Stocks and 5 Losing Stocks to Watch Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 17:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/5-winning-losing-stocks-to-watch-right-now/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Even the losers from this past week are stocks to watch in the coming months and years\nSource: Shutterstock\nAround this time last year, I wrote up a gallery of stocks to watch that had caught investor...</p>\n\n<a href=\"https://investorplace.com/2021/05/5-winning-losing-stocks-to-watch-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ULTA":"Ulta美容","OXY":"西方石油","CMG":"墨式烧烤","TSLA":"特斯拉","HSY":"好时","LEN":"莱纳建筑公司","MSCI":"MSCI Inc","RCL":"皇家加勒比邮轮","T":"美国电话电报"},"source_url":"https://investorplace.com/2021/05/5-winning-losing-stocks-to-watch-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108503848","content_text":"Even the losers from this past week are stocks to watch in the coming months and years\nSource: Shutterstock\nAround this time last year, I wrote up a gallery of stocks to watch that had caught investor interest over a week’s worth of trading. In that example, theS&P 500had gained 3.5% over the previous five days of trading.\nAs a result, out of my 10 stocks to watch,seven were burning up the track while three were lagging the index.\nNow that we’re in 2021, I thought I would do the same thing.\nOnly this time, I’ll find five winners and losers from the past five days of trading who’ve either outperformed or underperformed the index. For this article, I’ll use May 12 through May 18 (five days and a weekend) and limit the companies to stocks with market capitalizations of $10 billion or higher.\nIf you’re wondering, the 10 stocks to watch from my article (both good and bad weekly performances) had lights-out returns over the past year.\nBetween May 12 and May 18, the S&P 500 had a total return of -0.6%. Based on that, here are my five winning stocks and five losing stocks to watch right now.\n\nNortonLifeLock(NASDAQ:NLOK)\nOccidental Petroleum(NYSE:OXY)\nUlta Beauty(NASDAQ:ULTA)\nRoyal Caribbean(NYSE:RCL)\nHershey(NYSE:HSY)\nAT&T(NYSE:T)\nLennar(NYSE:LEN)\nTesla(NASDAQ:TSLA)\nChipotle Mexican Grill(NYSE:CMG)\nMSCI(NYSE:MSCI)\n\nNortonLifeLock (NLOK)\nFive-day performance:13.5%\nThe cybersecurity software and services company got a nice boost on May 12 when BofA analyst Tal Liani upgraded NLOK stock to “buy” from “underperform.” More importantly, the analyst increased its target price by 58%, from $19 to $30. Currently trading below the target, it’s possible future quarterly results could push that higher.\nLiani believes that the consumer market, NortonLifeLock’s bread and butter, provides it with a long runway of growth. The company itself expects 2022 revenue growth of at least 8% and adjusted earnings per share of $1.70, which would be 60% higher year-over-year.\n“Management believes the consumer cybersecurity market is heavily underpenetrated, which leaves room for growing the subscriber base as well,” Liani wrote.“Lastly, international expansion is another key element, with international sales accounting for 30% of revenues, and management outlined a country-by-country strategy to address the remaining potential.”\nNortonLifeLock’s been on a strong run the past five years with an annualized total return of 18.8%. But it looks as though the next five could be equally rewarding for shareholders.\nOccidental Petroleum (OXY)\nFive-day performance:5.6%\nInvestor’s Business Daily commented in early May that the Occidental corporate jet was spotted in Omaha days before Warren Buffett invested $10 billion in the oil company in 2019.\nAt times in the past couple of years, I’m sure Buffett would have preferred the jet go almost anywhere else except Omaha, as the price of oil tanked. As part of his $10 billion preferred-share investment, Buffett got 83.86 million warrants to buy OXY stock at $59.62.\nStarting in 2029, Occidental can redeem the 8% preferreds at a redemption price equal to 105% of the liquidation preference plus any unpaid dividends. The dividends Buffett was paid in 2020 were made in Oxy stock. The Oracle of Omaha sold those shares in August 2020.\nThanks to a rebound in oil prices, Occidental’s got a total return of almost 72% over the past year, significantly higher than the U.S. markets as a whole. However, as I write this, OXY stock is still trading at less than half Buffett’s exercise price.\nHe’s got until one year after Occidental were to redeem its preferred shares. That means at least another nine years to move into the money.\nUlta Beauty (ULTA)\nFive-day performance:4.7%\nThe specialty retailer of cosmetics, skin and hair care products, fragrances, and a provider of beauty salon services, reports its Q1 2021 results on May 27. The 27 analysts who cover ULTA estimate $1.90 per share on the bottom line and $1.63 billion in sales on the top line. Both will be marked improvements from a year ago when Covid-19 stay-at-home orders were kicking in.\nIn mid-May, JPMorgan analysts named Ulta to its list of favorite retail stocks. The bank gives ULTA an overweight rating and has it on its Analyst Focus List. Interestingly,Target(NYSE:TGT) is also a favorite of JPM due to its inventory control and overall strength during the important back-to-school season.\nIn November, Ulta announced that it would open 1,000-square-foot shops within Target. They will be staffed by the discount retailer with training from Ulta.\nBoth Ulta CEO Mary Dillon and Target CEO Brian Cornell believe the arrangement will help drive traffic to both stores. Two of the best CEOs in retail, this partnership is sure to be a success, making ULTA one of our stocks to watch.\nRoyal Caribbean (RCL)\nFive-day performance:4.6%\nIt wasn’t just Royal Caribbean that had a good five days of trading. All of the cruise operators did.Carnival (NYSE:CCL) and Norwegian Cruise Line Holdings (NYSE:NCLH) were up 8.2% and 5.7%, respectively. I happen to prefer RCL over the other two.\nThe cruise operator got excellent news in late April when the Centers for Disease Control and Prevention clarified its position on cruise ships setting sail from American ports of call this summer. Royal Caribbean figures it can restart its U.S. cruise departures in mid-July.\nConsidering it lost $1.1 billion in its latest quarter, the news couldn’t have come at a better time. Plus, its balance sheet is currently bolstered by more than $5 billion in cash. As cruise-goers appear to be ready to spend more on cruises than in past years, they should be able to get back to pre-Covid revenues by the end of 2022, perhaps earlier.\nIn 2020, while RCL was getting pummeled, I continued to say it was a long-term winner. Up almost double in the past year, RCL should top $100 before the end of 2021.\nHershey (HSY)\nFive-day performance:2.3%\nI know what you’re thinking. When considering stocks to watch, why include a company that gained a measly 2.3% over the past five days? Especially when there were 46 stocks ($10 billion market cap or higher) with a better return?\nSimple. I like the job CEO Michele Buck has done since taking the top job in March 2017. It’s why I included Hershey on my October 2020 list of companies with top-notch women CEOs. Since that article, HSY stock is up 18% since.\n In late April, Buck said that she expects Halloween to be very strong this coming October as vaccinations make it possible for trick-or-treaters to get out in the evening air to collect their annual haul of candy and chocolate. I, for one, will be loading up this year.\n“Consumers are participating in seasons, they are telling us they’re doing more movie nights at home, they’re making more s’mores at home [and] at the same time, we’re seeing growth in our food service and our own retail businesses, which are away from home,” Buck toldCNBC.\nAs a result, HSY sees higher earnings and sales in 2021 than originally expected. It’s good to know consumers haven’t lost their taste for sweets during the pandemic.\nAT&T(T)\nFive-day performance:-8.4%\nBack in July 2018, I wrote about the 7 Reasons AT&T Is Going to Blow the Time Warner Merger.At the time, the Department of Justice was trying to block the mega-merger.\nIn hindsight, I’m sure long-time shareholders wish the DOJ had been successful in blocking the acquisition. It’s been both a time waster and a serious blow to AT&T’s reputation with dividend investors.\nCNBChost Jim Cramer has been very critical of the mistakes made by AT&T.\n“I am not calling it a transformational deal. I am calling it the denouement of a ridiculously stupid deal, the $85 billion acquisition of Time Warner, a deal that closed less than three years ago,” Cramer stated in hisReal Moneycolumn on May 17, the day AT&T threw in the towel on WarnerMedia.\nThe reality is that T paid $85 billion for WarnerMedia. It’s getting $43 billion in cash, debt, and WarnerMedia retains some of the debt. AT&T shareholders will also own 71% of the new business.\nThe downside is that AT&T will cut the dividend in half.\nAll these dividend chasers are left holding squat and hoping for dear life that the merged entity can deliver at least $42 billion in additional value to get back to square one before the ridiculously stupid merger took place.\nIt was one of the dumbest deals of the 21st century.\nLennar (LEN)\nFive-day performance:-7.9%\nLennar makes our list of stocks to watch because over the past five days, the homebuilder lost almost 8% of its value. The iShares U.S. Home Construction ETF (BATS:ITB), which has a Lennar weighting of 12.2%, lost 5.4% over the past five days.\nLet’s call it a cooling-off period. The ITB has an annualized total return of 75.9% over the past year and is up 25.8% year-to-date. Over the past decade, it’s got an annualized total return of 19%, 468 basis points better than its consumer cyclical peers.\nFor those who believe there is a housing bubble right around the corner, consider Ben Carlson’s Fortune article from April. It suggests home loans are mostly being made by people with good credit scores and large down payments, the opposite of the subprime meltdown in 2008.\nIf you combine this fact with the reality that the housing supply isn’t nearly as abundant as it ought to be, you get the picture of a supply issue rather than one of excess demand.\nHere’s what Lennar Executive Chairman Stuart Miller had to say in its Q1 2021 conference call in March.\n\n So, from a macro perspective, the housing market remains strong. Demand has continued to strengthen as the millennial generation, which had previously postponed its entry into the housing market, has now continued to drive family formation, while at the same time, the supply of new and existing homes remains constrained.\n\nTake advantage of these pullbacks. The housing boom hardly seems ready to end anytime soon.\nTesla (TSLA)\nFive-day performance:-6.4%\nInnovation costs money. That’s especially true when it comes to the electrification of transportation. It took Tesla 15 years to post its first annual profit after Elon Musk took control of it in 2004.\nAfter running up huge returns in 2020, Tesla is off almost 27% in the past three months due to many different reasons, including the fact Michael Burry, the man behind the Big Short,has taken a short position using put options on 800,100 shares of TSLA stock.\nAnd while Musk has gone hot and cold over Bitcoin (CCC:BTC-USD), Tesla shareholders ought to be more worried about the bureaucratic nightmare happening across the pond in Germany as it tries to get its Berlin Gigafactory built.\n“Although things looked good regarding the Tesla facility up to a few weeks ago, a different reality can lie behind a facade,” says Berlin-based auto analyst Matthias Schmidt.\nThe new Berlin airport, which is very close to the Tesla factory, took almost a decade to get regulatory approval from the German authorities. If Tesla takes that long, Musk can forget about becoming the richest person in the world.\nI’m a fan of Musk’s innovative bent, but 2021 could turn out to be one of his most challenging years on record. That makes Tesla one of our stocks to watch.\nChipotle Mexican Grill (CMG)\nFive-day performance:-4.9%\nA piece of news that probably got lost in the shuffle was Chipotle’s March announcement that it plans to accelerate its expansionin to Canada. Over the next year, it will open eight more locations in Canada, including one Chipotlane, the company’s digital drive-up. The openings will be the first since October 2018.\nAs a Canadian, all I can say is, it’s about time.\n“Given the rising popularity of Chipotle’s real food in Canada, we believe there is a massive growth opportunity in this international market,” said Anat Davidzon, Chipotle’s managing director – Canada. “Our team is focused on continuing to find ways to increase access to Chipotle for our Canadian fans.”\nWith only 23 Chipotle locations in four Canadian cities at the moment (Toronto, Vancouver, Ottawa and London) there is plenty of room for expansion. Hopefully, they’ll open one in Halifax in the next couple of years.\nIn the meantime, Chipotle stock has recovered nicely in recent years. A $5,000 investment three years ago is worth $15,338 today. That’s tasty.\nKeep in mind CMG isn’t cheap at almost 6x sales. However, compared to McDonald’s (NYSE:MCD) at 8.9x sales, it’s a bargain.\nMSCI (MSCI)\nFive-day performance:-3.8%\nI don’t know if it’s just me and my self-diagnosed dyslexia, but I always seem to get MSCI confused with S&P Global (NYSE:SPGI). They’re both financial services companies, they both have four-letter stock symbols, and over the past five days of trading, they’re both down a lot more than the index.\nAnd not to be too easy on me, but both companies have index businesses that generate significant revenue and profits for their shareholders. In the past, I’ve recommended both stocks.\nIn May 2020, I recommended MSCI stock as one of seven stocks to buy from the TrimTabs All Cap US Free-Cash Flow ETF(BATS:TTAC). I picked MSCI because its free cash flow had almost doubled from $360 million in 2017 to $660 million in 2019.\nWell, in the trailing 12 months, it was $863 million, a compound annual growth rate of 31% over the past 3.25 years. Frankly, I don’t think you can go wrong owning either MSCI or SPGI.\nHowever, over the past five years, the former has doubled the performance of the latter. Take that to the bank.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969627925,"gmtCreate":1668435966667,"gmtModify":1676538056234,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9969627925","repostId":"1110302539","repostType":4,"repost":{"id":"1110302539","pubTimestamp":1668426073,"share":"https://www.laohu8.com/m/news/1110302539?lang=&edition=full","pubTime":"2022-11-14 19:41","market":"us","language":"en","title":"Jeff Bezos Says He Will Give Most of His Money to Charity","url":"https://stock-news.laohu8.com/highlight/detail?id=1110302539","media":"CNN","summary":"Amazon founder Jeff Bezos plans to give away the majority of his $124 billion net worth during his l","content":"<html><head></head><body><p>Amazon founder Jeff Bezos plans to give away the majority of his $124 billion net worth during his lifetime, telling CNN in an exclusive interview he will devote the bulk of his wealth to fighting climate change and supporting people who can unify humanity in the face of deep social and political divisions.</p><p>Though Bezos’ vow was light on specifics, this marks the first time he has announced that he plans to give away most of his money. Critics have chided Bezos for not signing theGiving Pledge, a promise by hundreds of the world’s richest people to donate the majority of their wealth to charitable causes.</p><p>In a sit-down interview with CNN’s Chloe Melas on Saturday at his Washington, DC, home, Bezos, speaking alongside his partner, the journalist-turned-philanthropist Lauren Sánchez, said the couple is “building the capacity to be able to give away this money.”</p><p>Asked directly by CNN whether he intends to donate the majority of his wealth within his lifetime, Bezos said: “Yeah, I do.”</p><p>Bezos said he and Sánchez agreed to their first interview together since they began dating in 2019 to help shine a spotlight on the Bezos Courage and Civility Award, granted this year to musician Dolly Parton.</p><p>The 20-minute exchange with Bezos and Sánchez covered a broad range of topics, from Bezos’s views on political dialogue and apossible economic recessionto Sánchez’s plan tovisit outer spacewith an all-female crew and her reflections on a flourishing business partnership with Bezos.</p><h2>Dolly Parton</h2><p>That working relationship was on display Saturday as Bezos and Sánchez announced a$100 million grant to Partonas part of her Courage and Civility Award. It is the third such award, following similar grants to chef Jose Andrés, who has spent some of the money-making meals for Ukrainians — and the climate advocate and CNN contributor Van Jones.</p><p>“When you think of Dolly,” said Sánchez in the interview, “Look, everyone smiles, right? She is just beaming with light. And all she wants to do is bring light into other people’s worlds. And so we couldn’t have thought of someone better than to give this award to Dolly, and we know she’s going to do amazing things with it.”</p><p>The throughline connecting the Courage and Civility Award grantees, Bezos said, was their capacity to bring many people together to solve large challenges.</p><p>“I just feel honored to be able to be a part of what they’re doing for this world,” Bezos told CNN.</p><p>Unity, Bezos said, is a trait that will be necessary to confront climate change and one that he repeatedly invoked as he blasted politicians and social media for amplifying division.</p><h2>How to give it away</h2><p>But the couple’s biggest challenge may be figuring out how to distribute Bezos’ vast fortune. Bezos declined to identify a specific percentage or to provide concrete details on where it would likely be spent.</p><p>Despite being the fourth-wealthiest person in the world, according to theBloomberg Billionaires Index, Bezos has refrained from setting a target amount to give away in his lifetime.</p><p>Bezos has committed $10 billion over 10 years, or about 8% of his current net worth, to the Bezos Earth Fund, which Sánchez co-chairs. Among its priorities are reducing the carbon footprint of construction-grade cement and steel; pushing financial regulators to consider climate-related risks; advancing data and mapping technologies to monitor carbon emissions; and building natural, plant-based carbon sinks on a large scale.</p><p>Though Bezos is now Amazon’s(AMZN) executive chair and not its CEO — he stepped down from that role in 2021 — he is still involved in the greening of the company. Amazon is one of more than 300 companies that have pledged to reduce their carbon footprint by 2040 according to the principles of the Paris Climate Agreement, Bezos said, though Amazon’s(AMZN)footprint grew by 18% in 2021, reflecting a pandemic-driven e-commerce boom. Amazon’s(AMZN)reckoning with its own effect on the climate mirrors its outsized impact on everything from debates about unionization to antitrust policy, where the company has attracted an enormous level of scrutiny from regulators, lawmakers, and civil society groups.</p><p>Bezos compared his philanthropic strategy to his years-long effort constructing a titanic engine of e-commerce and cloud computing that has made him one of the most powerful people in the world.</p><p>“The hard part is figuring out how to do it in a levered way,” he said, implying that even as he gives away his billions, he is still looking to maximize his return. “It’s not easy. Building Amazon was not easy. It took a lot of hard work, a bunch of very smart teammates, hard-working teammates, and I’m finding — and I think Lauren is finding the same thing — that charity, philanthropy, is very similar.”</p><p>“There are a bunch of ways that I think you could do ineffective things, too,” he added. “So you have to think about it carefully and you have to have brilliant people on the team.”</p><p>Bezos’ methodical approach to giving stands in sharp contrast to that of his ex-wife, the philanthropist MacKenzie Scott, who recentlygave away nearly $4 billion to 465 organizationsin the span of less than a year.</p><h2>The economic downturn</h2><p>While Bezos and Sánchez plot out their plans for Bezos’ immense wealth, many people of more modest means are bracing for what economists fear may be an extended economic downturn.</p><p>Last month, Bezostweeteda warning to his followers on Twitter, recommending that they “batten down the hatches.”</p><p>The advice was meant for business owners and consumers alike, Bezos said in the interview, suggesting that individuals should consider putting off buying big ticket items they’ve been eyeing — or that companies should slow their acquisitions and capital expenditures.</p><p>“Take some risk off the table,” Bezos said. “Keep some dry powder on hand…. Just a little bit of risk reduction could make the difference for that small business, if we do get into even more serious economic problems. You’ve got to play the probabilities a little bit.”</p><p>Many may be feeling the pinch now, he added, but argued that as an optimist he believes the American Dream “is and will be even more attainable in the future” — projecting that within Bezos’ lifetime, space travel could become broadly accessible to the public.</p><h2>Bezos and Sánchez’s partnership</h2><p>Sánchez said the couple make “really great teammates,” though she laughed, “We can be kind of boring,” Sánchez said. Bezos smiled and replied, “Never boring.”</p><p>Sánchez, the founder of Black Ops Aviation, the first female-owned and operated aerial film and production company is a trained helicopter pilot. She said in the interview that they’ve both taken turns in the driver’s seat.</p><p>Bezos has creditedhis own journey to spacefor helping to inspire his push to fight climate change. Now, it is Sánchez’s turn.</p><p>Sánchez told CNN she anticipates venturing into orbit herself sometime in 2023. And while she did not directly address who will be joining her — quickly ruling out Bezos as a crewmate — she said simply: “It’ll be a great group of females.”</p><h2>Washington’s NFL team</h2><p>Bezos may be adding NFL owner to his resume. CNN recently reported that Bezos and Jay-Z are in talks on a potentialjoint bid on the Washington Commanders.</p><p>It is not clear if the two have yet spoken with Dan Snyder and his wife, Tanya, the current owners of the NFL team, about the possibility.</p><p>But during the interview on Saturday, Melas asked Bezos if the speculation was true.</p><p>“Yes, I’ve heard that buzz,” Bezos said with a smile.</p><p>Sánchez chimed in with a laugh, “I do like football. I’m just going to throw that out there for everyone.”</p><p>Bezos added, “I grew up in Houston, Texas, and I played football growing up as a kid … and it is my favorite sport … so we’ll just have to wait and see.”</p></body></html>","source":"cnn_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Says He Will Give Most of His Money to Charity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Says He Will Give Most of His Money to Charity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-14 19:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2022/11/14/business/jeff-bezos-charity/index.html><strong>CNN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon founder Jeff Bezos plans to give away the majority of his $124 billion net worth during his lifetime, telling CNN in an exclusive interview he will devote the bulk of his wealth to fighting ...</p>\n\n<a href=\"https://edition.cnn.com/2022/11/14/business/jeff-bezos-charity/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://edition.cnn.com/2022/11/14/business/jeff-bezos-charity/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110302539","content_text":"Amazon founder Jeff Bezos plans to give away the majority of his $124 billion net worth during his lifetime, telling CNN in an exclusive interview he will devote the bulk of his wealth to fighting climate change and supporting people who can unify humanity in the face of deep social and political divisions.Though Bezos’ vow was light on specifics, this marks the first time he has announced that he plans to give away most of his money. Critics have chided Bezos for not signing theGiving Pledge, a promise by hundreds of the world’s richest people to donate the majority of their wealth to charitable causes.In a sit-down interview with CNN’s Chloe Melas on Saturday at his Washington, DC, home, Bezos, speaking alongside his partner, the journalist-turned-philanthropist Lauren Sánchez, said the couple is “building the capacity to be able to give away this money.”Asked directly by CNN whether he intends to donate the majority of his wealth within his lifetime, Bezos said: “Yeah, I do.”Bezos said he and Sánchez agreed to their first interview together since they began dating in 2019 to help shine a spotlight on the Bezos Courage and Civility Award, granted this year to musician Dolly Parton.The 20-minute exchange with Bezos and Sánchez covered a broad range of topics, from Bezos’s views on political dialogue and apossible economic recessionto Sánchez’s plan tovisit outer spacewith an all-female crew and her reflections on a flourishing business partnership with Bezos.Dolly PartonThat working relationship was on display Saturday as Bezos and Sánchez announced a$100 million grant to Partonas part of her Courage and Civility Award. It is the third such award, following similar grants to chef Jose Andrés, who has spent some of the money-making meals for Ukrainians — and the climate advocate and CNN contributor Van Jones.“When you think of Dolly,” said Sánchez in the interview, “Look, everyone smiles, right? She is just beaming with light. And all she wants to do is bring light into other people’s worlds. And so we couldn’t have thought of someone better than to give this award to Dolly, and we know she’s going to do amazing things with it.”The throughline connecting the Courage and Civility Award grantees, Bezos said, was their capacity to bring many people together to solve large challenges.“I just feel honored to be able to be a part of what they’re doing for this world,” Bezos told CNN.Unity, Bezos said, is a trait that will be necessary to confront climate change and one that he repeatedly invoked as he blasted politicians and social media for amplifying division.How to give it awayBut the couple’s biggest challenge may be figuring out how to distribute Bezos’ vast fortune. Bezos declined to identify a specific percentage or to provide concrete details on where it would likely be spent.Despite being the fourth-wealthiest person in the world, according to theBloomberg Billionaires Index, Bezos has refrained from setting a target amount to give away in his lifetime.Bezos has committed $10 billion over 10 years, or about 8% of his current net worth, to the Bezos Earth Fund, which Sánchez co-chairs. Among its priorities are reducing the carbon footprint of construction-grade cement and steel; pushing financial regulators to consider climate-related risks; advancing data and mapping technologies to monitor carbon emissions; and building natural, plant-based carbon sinks on a large scale.Though Bezos is now Amazon’s(AMZN) executive chair and not its CEO — he stepped down from that role in 2021 — he is still involved in the greening of the company. Amazon is one of more than 300 companies that have pledged to reduce their carbon footprint by 2040 according to the principles of the Paris Climate Agreement, Bezos said, though Amazon’s(AMZN)footprint grew by 18% in 2021, reflecting a pandemic-driven e-commerce boom. Amazon’s(AMZN)reckoning with its own effect on the climate mirrors its outsized impact on everything from debates about unionization to antitrust policy, where the company has attracted an enormous level of scrutiny from regulators, lawmakers, and civil society groups.Bezos compared his philanthropic strategy to his years-long effort constructing a titanic engine of e-commerce and cloud computing that has made him one of the most powerful people in the world.“The hard part is figuring out how to do it in a levered way,” he said, implying that even as he gives away his billions, he is still looking to maximize his return. “It’s not easy. Building Amazon was not easy. It took a lot of hard work, a bunch of very smart teammates, hard-working teammates, and I’m finding — and I think Lauren is finding the same thing — that charity, philanthropy, is very similar.”“There are a bunch of ways that I think you could do ineffective things, too,” he added. “So you have to think about it carefully and you have to have brilliant people on the team.”Bezos’ methodical approach to giving stands in sharp contrast to that of his ex-wife, the philanthropist MacKenzie Scott, who recentlygave away nearly $4 billion to 465 organizationsin the span of less than a year.The economic downturnWhile Bezos and Sánchez plot out their plans for Bezos’ immense wealth, many people of more modest means are bracing for what economists fear may be an extended economic downturn.Last month, Bezostweeteda warning to his followers on Twitter, recommending that they “batten down the hatches.”The advice was meant for business owners and consumers alike, Bezos said in the interview, suggesting that individuals should consider putting off buying big ticket items they’ve been eyeing — or that companies should slow their acquisitions and capital expenditures.“Take some risk off the table,” Bezos said. “Keep some dry powder on hand…. Just a little bit of risk reduction could make the difference for that small business, if we do get into even more serious economic problems. You’ve got to play the probabilities a little bit.”Many may be feeling the pinch now, he added, but argued that as an optimist he believes the American Dream “is and will be even more attainable in the future” — projecting that within Bezos’ lifetime, space travel could become broadly accessible to the public.Bezos and Sánchez’s partnershipSánchez said the couple make “really great teammates,” though she laughed, “We can be kind of boring,” Sánchez said. Bezos smiled and replied, “Never boring.”Sánchez, the founder of Black Ops Aviation, the first female-owned and operated aerial film and production company is a trained helicopter pilot. She said in the interview that they’ve both taken turns in the driver’s seat.Bezos has creditedhis own journey to spacefor helping to inspire his push to fight climate change. Now, it is Sánchez’s turn.Sánchez told CNN she anticipates venturing into orbit herself sometime in 2023. And while she did not directly address who will be joining her — quickly ruling out Bezos as a crewmate — she said simply: “It’ll be a great group of females.”Washington’s NFL teamBezos may be adding NFL owner to his resume. CNN recently reported that Bezos and Jay-Z are in talks on a potentialjoint bid on the Washington Commanders.It is not clear if the two have yet spoken with Dan Snyder and his wife, Tanya, the current owners of the NFL team, about the possibility.But during the interview on Saturday, Melas asked Bezos if the speculation was true.“Yes, I’ve heard that buzz,” Bezos said with a smile.Sánchez chimed in with a laugh, “I do like football. I’m just going to throw that out there for everyone.”Bezos added, “I grew up in Houston, Texas, and I played football growing up as a kid … and it is my favorite sport … so we’ll just have to wait and see.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999545485,"gmtCreate":1660562916749,"gmtModify":1676534806509,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999545485","repostId":"2259501651","repostType":4,"repost":{"id":"2259501651","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1660555800,"share":"https://www.laohu8.com/m/news/2259501651?lang=&edition=full","pubTime":"2022-08-15 17:30","market":"us","language":"en","title":"Crypto Is Taking a Few Small Banks on a Wild Ride","url":"https://stock-news.laohu8.com/highlight/detail?id=2259501651","media":"Dow Jones","summary":"When big banks steered clear of cryptocurrency companies, a handful of small lenders eagerly courted","content":"<html><head></head><body><p>When big banks steered clear of cryptocurrency companies, a handful of small lenders eagerly courted the booming businesses. Now, they are dealing with the bust.</p><p><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> Corp., <a href=\"https://laohu8.com/S/SBNYW\">Signature Bank</a> and <a href=\"https://laohu8.com/S/CUBI\">Customers Bancorp Inc.</a> have snapped up billions of dollars in deposits from crypto businesses -- the exchanges, investment firms and stablecoin issuers that grew rapidly alongside the market for digital currencies.</p><p>The plunge in crypto prices this year has taken the banks on a wild ride. At Silvergate, deposits swung by $5 billion in the second quarter, a nearly unheard of move for a bank of its size, before ending basically flat at $13.5 billion. Signature posted its second quarterly decline in deposits in the last decade, and a major crypto customer filed for bankruptcy.</p><p>Volatility also has seeped into the banks&#39; stocks, which now trade more like crypto firms than their staid banking peers. The shares of Silvergate and Signature both doubled last year when the market was booming, while Customers stock more than tripled. Silvergate is down nearly 30% this year, while Signature and Customers are off almost 40%. The broad Nasdaq Bank index has fallen 8%.</p><p>Big banks have been snatching market share from small banks for years, especially when it comes to deposits. That has left smaller banks looking for growth in places where the big banks aren&#39;t. With crypto, the difficulty of the strategy is evident.</p><p>Banks typically want sticky deposits -- stable, low-cost funding that allows them to make more long-term loans. In the most extreme scenario, an unstable deposit base can make banks more prone to runs where customers ask for their money back faster than the bank can deliver it. A plunging stock price can make it harder for a bank to raise the money it needs to operate.</p><p>The crypto-focused banks aren&#39;t holding digital currencies. Instead, they provide corporate bank accounts for crypto companies. They also operate special payments networks: A hedge fund buying bitcoin through exchange Coinbase Global Inc., for instance, could use dollars from the fund&#39;s Silvergate checking account to almost instantly cover the purchase.</p><p>More deposits usually allow a bank to increase lending. But these banks aren&#39;t growing their loan books as fast as they are building deposits, opting instead to keep a bigger cushion to account for unexpected outflows. Silvergate and Signature posted record profits in the second quarter, despite the dramatic moves in the crypto market.</p><p>&#34;This is all just par for the course,&#34; said Silvergate Chief Executive Alan Lane. &#34;We&#39;ve set things up to essentially thrive during these times of market dislocation.&#34;</p><p>In 2013, Silvergate was a commercial real estate lender with a handful of branches in the San Diego area in search of deposits. The bank opened to crypto companies the next year, and its deposits have since grown 30-fold, with 99% of them coming from the digital-currency world. The bank has sold off most of its traditional banking business to concentrate on crypto companies and institutional investors, banking well-known exchanges such as FTX, Coinbase and Kraken.</p><p>Early in the year, a decline in cryptocurrency trading volumes meant clients needed fewer deposits. The May collapse of TerraUSD, a stablecoin pegged to the dollar, sent losses rippling through crypto exchanges and brokers, causing prices to plunge and kicking off a trading frenzy. Silvergate&#39;s deposits went as high as $17.6 billion and down to $12.6 billion in the second quarter.</p><p>The bank said it hasn&#39;t lost any money on its $1.4 billion portfolio of loans backed by bitcoin, though the digital currency&#39;s value has halved this year. Silvergate requires collateral far above the value of the borrowings.</p><p>In 2018, <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a> hired bankers specializing in crypto, part of an effort to branch out beyond commercial real estate.</p><p>Since the bank unveiled its own payments system for crypto companies, total deposits have nearly tripled to $104 billion. Crypto-linked deposits made up 26% of the tally at the end of the second quarter.</p><p>One of Signature&#39;s customers, crypto lender Celsius Network LLC, filed for bankruptcy in July. In court papers, Celsius said it had $130 million in cash on hand and nearly all of its bank accounts were at Signature. Signature has experience working with clients in bankruptcy, and Celsius accounts for a small part of its deposits, Chairman Scott Shay said in an interview.</p><p>A $2.4 billion decline in digital-asset deposits in the second quarter dragged down total deposits.</p><p>&#34;We&#39;re banking a lot of companies, and it&#39;s not our job to pick the winners and losers,&#34; Mr. Shay said.</p><p>Pennsylvania-based Customers Bank started pursuing crypto-company deposits less than a year ago. Its payments system has attracted more than $2 billion so far, a sizable sum for a bank with $17 billion in deposits.</p><p>Crypto clients withdrew hundreds of millions of dollars on some days in the second quarter, often to meet customer redemptions, said Christopher Smalley, the bank&#39;s head of digital banking. Still, crypto-linked deposits grew, albeit more slowly.</p><p>&#34;It&#39;s worth us taking the risk that there will be negative news events or additional regulatory scrutiny to get these very large deposits,&#34; Mr. Smalley said. &#34;We&#39;re prepared for an extinction-level event where bitcoin would go to zero.&#34;</p><p>The bank, he said, has also beefed up its anti-money-laundering team. It is rolling out loans backed by customers&#39; crypto. Co-branded credit cards with exchanges and other projects could be next, Mr. Smalley said.</p><p>New York-based Metropolitan Commercial Bank held deposits for customers at exchanges and partnered with exchange Crypto.com to issue a prepaid debit card backed by investors&#39; crypto holdings. Metropolitan holds $270 million in customer deposits for exchange Voyager Ltd., which went bankrupt last month. It now could lose the whole chunk, about 4% of its total deposits, when those customers are paid back.</p><p>Metropolitan said it is pivoting away from crypto, looking to bank financial-technology companies instead.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Is Taking a Few Small Banks on a Wild Ride</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Is Taking a Few Small Banks on a Wild Ride\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-15 17:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>When big banks steered clear of cryptocurrency companies, a handful of small lenders eagerly courted the booming businesses. Now, they are dealing with the bust.</p><p><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> Corp., <a href=\"https://laohu8.com/S/SBNYW\">Signature Bank</a> and <a href=\"https://laohu8.com/S/CUBI\">Customers Bancorp Inc.</a> have snapped up billions of dollars in deposits from crypto businesses -- the exchanges, investment firms and stablecoin issuers that grew rapidly alongside the market for digital currencies.</p><p>The plunge in crypto prices this year has taken the banks on a wild ride. At Silvergate, deposits swung by $5 billion in the second quarter, a nearly unheard of move for a bank of its size, before ending basically flat at $13.5 billion. Signature posted its second quarterly decline in deposits in the last decade, and a major crypto customer filed for bankruptcy.</p><p>Volatility also has seeped into the banks&#39; stocks, which now trade more like crypto firms than their staid banking peers. The shares of Silvergate and Signature both doubled last year when the market was booming, while Customers stock more than tripled. Silvergate is down nearly 30% this year, while Signature and Customers are off almost 40%. The broad Nasdaq Bank index has fallen 8%.</p><p>Big banks have been snatching market share from small banks for years, especially when it comes to deposits. That has left smaller banks looking for growth in places where the big banks aren&#39;t. With crypto, the difficulty of the strategy is evident.</p><p>Banks typically want sticky deposits -- stable, low-cost funding that allows them to make more long-term loans. In the most extreme scenario, an unstable deposit base can make banks more prone to runs where customers ask for their money back faster than the bank can deliver it. A plunging stock price can make it harder for a bank to raise the money it needs to operate.</p><p>The crypto-focused banks aren&#39;t holding digital currencies. Instead, they provide corporate bank accounts for crypto companies. They also operate special payments networks: A hedge fund buying bitcoin through exchange Coinbase Global Inc., for instance, could use dollars from the fund&#39;s Silvergate checking account to almost instantly cover the purchase.</p><p>More deposits usually allow a bank to increase lending. But these banks aren&#39;t growing their loan books as fast as they are building deposits, opting instead to keep a bigger cushion to account for unexpected outflows. Silvergate and Signature posted record profits in the second quarter, despite the dramatic moves in the crypto market.</p><p>&#34;This is all just par for the course,&#34; said Silvergate Chief Executive Alan Lane. &#34;We&#39;ve set things up to essentially thrive during these times of market dislocation.&#34;</p><p>In 2013, Silvergate was a commercial real estate lender with a handful of branches in the San Diego area in search of deposits. The bank opened to crypto companies the next year, and its deposits have since grown 30-fold, with 99% of them coming from the digital-currency world. The bank has sold off most of its traditional banking business to concentrate on crypto companies and institutional investors, banking well-known exchanges such as FTX, Coinbase and Kraken.</p><p>Early in the year, a decline in cryptocurrency trading volumes meant clients needed fewer deposits. The May collapse of TerraUSD, a stablecoin pegged to the dollar, sent losses rippling through crypto exchanges and brokers, causing prices to plunge and kicking off a trading frenzy. Silvergate&#39;s deposits went as high as $17.6 billion and down to $12.6 billion in the second quarter.</p><p>The bank said it hasn&#39;t lost any money on its $1.4 billion portfolio of loans backed by bitcoin, though the digital currency&#39;s value has halved this year. Silvergate requires collateral far above the value of the borrowings.</p><p>In 2018, <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a> hired bankers specializing in crypto, part of an effort to branch out beyond commercial real estate.</p><p>Since the bank unveiled its own payments system for crypto companies, total deposits have nearly tripled to $104 billion. Crypto-linked deposits made up 26% of the tally at the end of the second quarter.</p><p>One of Signature&#39;s customers, crypto lender Celsius Network LLC, filed for bankruptcy in July. In court papers, Celsius said it had $130 million in cash on hand and nearly all of its bank accounts were at Signature. Signature has experience working with clients in bankruptcy, and Celsius accounts for a small part of its deposits, Chairman Scott Shay said in an interview.</p><p>A $2.4 billion decline in digital-asset deposits in the second quarter dragged down total deposits.</p><p>&#34;We&#39;re banking a lot of companies, and it&#39;s not our job to pick the winners and losers,&#34; Mr. Shay said.</p><p>Pennsylvania-based Customers Bank started pursuing crypto-company deposits less than a year ago. Its payments system has attracted more than $2 billion so far, a sizable sum for a bank with $17 billion in deposits.</p><p>Crypto clients withdrew hundreds of millions of dollars on some days in the second quarter, often to meet customer redemptions, said Christopher Smalley, the bank&#39;s head of digital banking. Still, crypto-linked deposits grew, albeit more slowly.</p><p>&#34;It&#39;s worth us taking the risk that there will be negative news events or additional regulatory scrutiny to get these very large deposits,&#34; Mr. Smalley said. &#34;We&#39;re prepared for an extinction-level event where bitcoin would go to zero.&#34;</p><p>The bank, he said, has also beefed up its anti-money-laundering team. It is rolling out loans backed by customers&#39; crypto. Co-branded credit cards with exchanges and other projects could be next, Mr. Smalley said.</p><p>New York-based Metropolitan Commercial Bank held deposits for customers at exchanges and partnered with exchange Crypto.com to issue a prepaid debit card backed by investors&#39; crypto holdings. Metropolitan holds $270 million in customer deposits for exchange Voyager Ltd., which went bankrupt last month. It now could lose the whole chunk, about 4% of its total deposits, when those customers are paid back.</p><p>Metropolitan said it is pivoting away from crypto, looking to bank financial-technology companies instead.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4211":"区域性银行","CUBI":"Customers Bancorp Inc.","SBNY":"签字银行","MCB":"Metropolitan Bank Holding Corp."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2259501651","content_text":"When big banks steered clear of cryptocurrency companies, a handful of small lenders eagerly courted the booming businesses. Now, they are dealing with the bust.Silvergate Capital Corp., Signature Bank and Customers Bancorp Inc. have snapped up billions of dollars in deposits from crypto businesses -- the exchanges, investment firms and stablecoin issuers that grew rapidly alongside the market for digital currencies.The plunge in crypto prices this year has taken the banks on a wild ride. At Silvergate, deposits swung by $5 billion in the second quarter, a nearly unheard of move for a bank of its size, before ending basically flat at $13.5 billion. Signature posted its second quarterly decline in deposits in the last decade, and a major crypto customer filed for bankruptcy.Volatility also has seeped into the banks' stocks, which now trade more like crypto firms than their staid banking peers. The shares of Silvergate and Signature both doubled last year when the market was booming, while Customers stock more than tripled. Silvergate is down nearly 30% this year, while Signature and Customers are off almost 40%. The broad Nasdaq Bank index has fallen 8%.Big banks have been snatching market share from small banks for years, especially when it comes to deposits. That has left smaller banks looking for growth in places where the big banks aren't. With crypto, the difficulty of the strategy is evident.Banks typically want sticky deposits -- stable, low-cost funding that allows them to make more long-term loans. In the most extreme scenario, an unstable deposit base can make banks more prone to runs where customers ask for their money back faster than the bank can deliver it. A plunging stock price can make it harder for a bank to raise the money it needs to operate.The crypto-focused banks aren't holding digital currencies. Instead, they provide corporate bank accounts for crypto companies. They also operate special payments networks: A hedge fund buying bitcoin through exchange Coinbase Global Inc., for instance, could use dollars from the fund's Silvergate checking account to almost instantly cover the purchase.More deposits usually allow a bank to increase lending. But these banks aren't growing their loan books as fast as they are building deposits, opting instead to keep a bigger cushion to account for unexpected outflows. Silvergate and Signature posted record profits in the second quarter, despite the dramatic moves in the crypto market.\"This is all just par for the course,\" said Silvergate Chief Executive Alan Lane. \"We've set things up to essentially thrive during these times of market dislocation.\"In 2013, Silvergate was a commercial real estate lender with a handful of branches in the San Diego area in search of deposits. The bank opened to crypto companies the next year, and its deposits have since grown 30-fold, with 99% of them coming from the digital-currency world. The bank has sold off most of its traditional banking business to concentrate on crypto companies and institutional investors, banking well-known exchanges such as FTX, Coinbase and Kraken.Early in the year, a decline in cryptocurrency trading volumes meant clients needed fewer deposits. The May collapse of TerraUSD, a stablecoin pegged to the dollar, sent losses rippling through crypto exchanges and brokers, causing prices to plunge and kicking off a trading frenzy. Silvergate's deposits went as high as $17.6 billion and down to $12.6 billion in the second quarter.The bank said it hasn't lost any money on its $1.4 billion portfolio of loans backed by bitcoin, though the digital currency's value has halved this year. Silvergate requires collateral far above the value of the borrowings.In 2018, Signature Bank hired bankers specializing in crypto, part of an effort to branch out beyond commercial real estate.Since the bank unveiled its own payments system for crypto companies, total deposits have nearly tripled to $104 billion. Crypto-linked deposits made up 26% of the tally at the end of the second quarter.One of Signature's customers, crypto lender Celsius Network LLC, filed for bankruptcy in July. In court papers, Celsius said it had $130 million in cash on hand and nearly all of its bank accounts were at Signature. Signature has experience working with clients in bankruptcy, and Celsius accounts for a small part of its deposits, Chairman Scott Shay said in an interview.A $2.4 billion decline in digital-asset deposits in the second quarter dragged down total deposits.\"We're banking a lot of companies, and it's not our job to pick the winners and losers,\" Mr. Shay said.Pennsylvania-based Customers Bank started pursuing crypto-company deposits less than a year ago. Its payments system has attracted more than $2 billion so far, a sizable sum for a bank with $17 billion in deposits.Crypto clients withdrew hundreds of millions of dollars on some days in the second quarter, often to meet customer redemptions, said Christopher Smalley, the bank's head of digital banking. Still, crypto-linked deposits grew, albeit more slowly.\"It's worth us taking the risk that there will be negative news events or additional regulatory scrutiny to get these very large deposits,\" Mr. Smalley said. \"We're prepared for an extinction-level event where bitcoin would go to zero.\"The bank, he said, has also beefed up its anti-money-laundering team. It is rolling out loans backed by customers' crypto. Co-branded credit cards with exchanges and other projects could be next, Mr. Smalley said.New York-based Metropolitan Commercial Bank held deposits for customers at exchanges and partnered with exchange Crypto.com to issue a prepaid debit card backed by investors' crypto holdings. Metropolitan holds $270 million in customer deposits for exchange Voyager Ltd., which went bankrupt last month. It now could lose the whole chunk, about 4% of its total deposits, when those customers are paid back.Metropolitan said it is pivoting away from crypto, looking to bank financial-technology companies instead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037271545,"gmtCreate":1648129388442,"gmtModify":1676534307362,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037271545","repostId":"1174818249","repostType":4,"repost":{"id":"1174818249","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":1648128734,"share":"https://www.laohu8.com/m/news/1174818249?lang=&edition=full","pubTime":"2022-03-24 21:32","market":"us","language":"en","title":"U.S. Stocks Open Higher, Attempt to Recover Some of Wednesday's Losses","url":"https://stock-news.laohu8.com/highlight/detail?id=1174818249","media":"Tiger Newspress","summary":"U.S. Stocks bounced Thursday as investors tried to recover from declines in Wednesday’s regular trad","content":"<html><head></head><body><p>U.S. Stocks bounced Thursday as investors tried to recover from declines in Wednesday’s regular trading session.</p><p>The Dow Jones Industrial Average rose about 80 points, or 0.2%. The S&amp;P 500 added 0.3%. The Nasdaq Composite rose 0.4%.</p><p>Investors are continuing to monitor the war in Ukraine and weigh the Federal Reserve’s rate hikes amid persistent inflation.</p><p>NATO leaders met in Brussels Thursday to discuss increasing pressure on Russia, as Ukraine appears to be retaking ground in the war.</p><p>Last week, the Fed raised interest rates for the first time since 2018. Chair Jerome Powell on Monday vowed to be tough on inflation and opened the door for more aggressive half-percentage-point rate hikes.</p><p>The S&amp;P 500 fell into correction territory late February, but is now 7.5% off its highs. The Dow is also 7% from its intraday record and the Nasdaq Composite is off by 14%.</p><p>“While the stock market is attempting to recover from its correction, markets are fundamentally riskier and more uncertain than before Russia’s invasion of Ukraine,” said Richard Saperstein, chief investment officer at Treasury Partners.</p><p>On Thursday, Spotify rose 4.63% as Google said it will allow the streaming platform to offer its own billing on Android devices.</p><p>Uber gained about 5.5% after the company announced a deal to list all New York City taxis on its app.</p><p>On the downside, KB Home dropped 4.8% after an earnings miss Wednesday.</p><p>On the data front, initial jobless claims last week totaled 187,000, the lowest level since 1969, the Labor Department reported Thursday.</p><p>This week, stocks have seesawed, alternating between up and down days. The Dow is about 1% lower on the week while the S&amp;P 500 and Nasdaq Composite are little changed.</p><p>The indexes are coming off a big rally last week, theirbest weekly performance since 2020.</p><p>All three major averages are on track to close the month at least 1% higher.</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>U.S. Stocks Open Higher, Attempt to Recover Some of Wednesday's Losses</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Open Higher, Attempt to Recover Some of Wednesday's Losses\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-24 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. Stocks bounced Thursday as investors tried to recover from declines in Wednesday’s regular trading session.</p><p>The Dow Jones Industrial Average rose about 80 points, or 0.2%. The S&amp;P 500 added 0.3%. The Nasdaq Composite rose 0.4%.</p><p>Investors are continuing to monitor the war in Ukraine and weigh the Federal Reserve’s rate hikes amid persistent inflation.</p><p>NATO leaders met in Brussels Thursday to discuss increasing pressure on Russia, as Ukraine appears to be retaking ground in the war.</p><p>Last week, the Fed raised interest rates for the first time since 2018. Chair Jerome Powell on Monday vowed to be tough on inflation and opened the door for more aggressive half-percentage-point rate hikes.</p><p>The S&amp;P 500 fell into correction territory late February, but is now 7.5% off its highs. The Dow is also 7% from its intraday record and the Nasdaq Composite is off by 14%.</p><p>“While the stock market is attempting to recover from its correction, markets are fundamentally riskier and more uncertain than before Russia’s invasion of Ukraine,” said Richard Saperstein, chief investment officer at Treasury Partners.</p><p>On Thursday, Spotify rose 4.63% as Google said it will allow the streaming platform to offer its own billing on Android devices.</p><p>Uber gained about 5.5% after the company announced a deal to list all New York City taxis on its app.</p><p>On the downside, KB Home dropped 4.8% after an earnings miss Wednesday.</p><p>On the data front, initial jobless claims last week totaled 187,000, the lowest level since 1969, the Labor Department reported Thursday.</p><p>This week, stocks have seesawed, alternating between up and down days. The Dow is about 1% lower on the week while the S&amp;P 500 and Nasdaq Composite are little changed.</p><p>The indexes are coming off a big rally last week, theirbest weekly performance since 2020.</p><p>All three major averages are on track to close the month at least 1% higher.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174818249","content_text":"U.S. Stocks bounced Thursday as investors tried to recover from declines in Wednesday’s regular trading session.The Dow Jones Industrial Average rose about 80 points, or 0.2%. The S&P 500 added 0.3%. The Nasdaq Composite rose 0.4%.Investors are continuing to monitor the war in Ukraine and weigh the Federal Reserve’s rate hikes amid persistent inflation.NATO leaders met in Brussels Thursday to discuss increasing pressure on Russia, as Ukraine appears to be retaking ground in the war.Last week, the Fed raised interest rates for the first time since 2018. Chair Jerome Powell on Monday vowed to be tough on inflation and opened the door for more aggressive half-percentage-point rate hikes.The S&P 500 fell into correction territory late February, but is now 7.5% off its highs. The Dow is also 7% from its intraday record and the Nasdaq Composite is off by 14%.“While the stock market is attempting to recover from its correction, markets are fundamentally riskier and more uncertain than before Russia’s invasion of Ukraine,” said Richard Saperstein, chief investment officer at Treasury Partners.On Thursday, Spotify rose 4.63% as Google said it will allow the streaming platform to offer its own billing on Android devices.Uber gained about 5.5% after the company announced a deal to list all New York City taxis on its app.On the downside, KB Home dropped 4.8% after an earnings miss Wednesday.On the data front, initial jobless claims last week totaled 187,000, the lowest level since 1969, the Labor Department reported Thursday.This week, stocks have seesawed, alternating between up and down days. The Dow is about 1% lower on the week while the S&P 500 and Nasdaq Composite are little changed.The indexes are coming off a big rally last week, theirbest weekly performance since 2020.All three major averages are on track to close the month at least 1% higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887964136,"gmtCreate":1631959869525,"gmtModify":1676530678804,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/887964136","repostId":"1171558890","repostType":4,"repost":{"id":"1171558890","pubTimestamp":1631921912,"share":"https://www.laohu8.com/m/news/1171558890?lang=&edition=full","pubTime":"2021-09-18 07:38","market":"us","language":"en","title":"US IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1171558890","media":"renaissancecap...","summary":"Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billio","content":"<p>Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.</p>\n<p>The largest deal of the week,<b>Freshworks</b>(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&amp;M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.</p>\n<p>Canadian consumer products company&nbsp;<b>Knowlton Development</b>(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.</p>\n<p>Restaurant payment processor&nbsp;<b>Toast</b>(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.</p>\n<p>Global money transfer firm&nbsp;<b>Remitly Global</b>(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.</p>\n<p>Software firm&nbsp;<b>Clearwater Analytics</b>(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.</p>\n<p>Food company&nbsp;<b>Sovos Brands</b>(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.</p>\n<p>Customer engagement software provider&nbsp;<b>EngageSmart</b>(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.</p>\n<p>Hiring solutions provider&nbsp;<b>Sterling Check</b>(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.</p>\n<p>Jewelry retailer&nbsp;<b>Brilliant Earth Group</b>(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.</p>\n<p>Online fashion platform&nbsp;<b>a.k.a. Brands</b>(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&amp;A strategy carries execution risk.</p>\n<p>COVID-19 test maker&nbsp;<b>Cue Health</b>(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.</p>\n<p>London-listed crypto mining company&nbsp;<b>Argo Blockchain</b>(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.</p>\n<p>Personalized supplements seller&nbsp;<b>Thorne Healthtech</b>(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.</p>\n<p>Canadian bank&nbsp;<b>VersaBank</b>(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.</p>","source":"lsy1619493174116","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 IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: Software, consumer products, and payment tech lead a diverse 14 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 07:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STER":"Sterling Check Corp.","ESMT":"EngageSmart Inc.","CWAN":"Clearwater Analytics Holdings, Inc.","BRLT":"Brilliant Earth Group, Inc.","FRSH":"Freshworks","TOST":"Toast, Inc.","RELY":"Remitly Global, Inc.","SOVO":"Sovos Brands, Inc.","ARBK":"Argo Blockchain Plc","THRN":"Thorne Healthtech","AKA":"a.k.a. Brands Holding Corp.","HLTH":"Cue Health Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/86272/US-IPO-Week-Ahead-Software-consumer-products-and-payment-tech-lead-a-divers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171558890","content_text":"Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more.\nThe largest deal of the week,Freshworks(FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer support software, and it also offers IT service management software and a nascent competitor to CRM solutions. While losses are expected to increase with S&M spending, Freshworks has delivered solid growth and 100%+ net dollar-based revenue retention as of 6/30/21.\nCanadian consumer products company Knowlton Development(KDC) plans to raise $800 million at a $3.1 billion market cap. Over the past three years, Knowlton has been responsible for co-developing 9,000+ products across a variety of categories, and its products are sold by its brand partners in 70+ countries. Despite using offering proceeds to pay down debt, Knowlton will be leveraged post-IPO.\nRestaurant payment processor Toast(TOST) plans to raise $685 million at a $17.9 billion market cap. Toast provides a suite of integrated payment and software solutions that are designed to streamline restaurant operations. The company grew ARR over 100% in the 1H21, though it has historically been unprofitable, and growth could slow as tailwinds from restaurants reopening abate.\nGlobal money transfer firm Remitly Global(RELY) plans to raise $487 million at a $7.5 billion market cap. Remitly provides digital financial services for immigrants and their families in over 135 countries, and it has expanded its core cross-border remittance product to over 1,700 corridors worldwide. The company has demonstrated growth and margin improvement, though it remains unprofitable.\nSoftware firm Clearwater Analytics(CWAN) plans to raise $450 million at a $3.7 billion market cap. Clearwater provides its 1,000+ clients with cloud-native software that allows them to simplify their investment accounting operations, and the company has a 100% recurring revenue model. A new investor and certain existing shareholders intend to purchase $150 million worth of shares in the IPO.\nFood company Sovos Brands(SOVO) plans to raise $350 million at a $1.5 billion market cap. Formed by Advent International, Sovos Brands offers a select group of acquired premium food brands. According to the company, its largest brand of products, Rao's, included the #1 selling SKU in the pasta and pizza sauce category. Profitable with solid growth, Sovos will be leveraged post-IPO.\nCustomer engagement software provider EngageSmart(ESMT) plans to raise $349 million at a $4.1 billion market cap. The company provides software that simplifies online workflows like paperless billing, electronic payment processing, scheduling, and client communication. While growth may slow post-pandemic, EngageSmart has a sticky customer based and a long track record of profitability.\nHiring solutions provider Sterling Check(STER) plans to raise $300 million at a $2.1 billion market cap. Sterling is one of the leading US providers of background checks for corporate and government customers. The company serves more than 50% of the Fortune 100, often with exclusive contracts, though it operates in a highly competitive market.\nJewelry retailer Brilliant Earth Group(BRLT) plans to raise $250 million at a $1.4 billion. Brilliant Earth is a digital-first jewelry company and a global leader in ethically sourced fine jewelry. The company has sold to consumers in all US states and over 50 countries, and has served over 370,000 customers through its e-commerce platform and 13 showrooms.\nOnline fashion platform a.k.a. Brands(AKA) plans to raise $250 million at a $2.3 billion market cap. a.k.a. acquires digitally-focused fashion brands oriented toward millennial and Gen Z consumers, starting with its acquisition of Princess Polly in 2018. The company has successfully expanded Princess Polly and has a long runway to grow its brands in the US, but its M&A strategy carries execution risk.\nCOVID-19 test maker Cue Health(HLTH) plans to raise $200 million at a $2.4 billion market cap. Cue’s first commercially available diagnostic test for use with its Cue Health Monitoring System is its COVID-19 Test Kit, which has been authorized by two EUAs. Cue has five additional Test Kits in late-stage technical development, for which it expects to begin seeking FDA authorization or clearance in the 2H22.\nLondon-listed crypto mining company Argo Blockchain(ARBK) plans to raise $138 million at an $855 million market cap. Argo states that it is a leading blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. Argo has a fleet of more than 21,000 purpose-built computers (mining machines) and can generate more than 1,075 petahash per second.\nPersonalized supplements seller Thorne Healthtech(THRN) plans to raise $126 million at an $892 million market cap. The company’s vertically integrated brands, Thorne and Onegevity, provide actionable insights and personalized data, products, and services. Profitable with strong growth, Thorne has a base of more than 3 million customers.\nCanadian bank VersaBank(VBNK) plans to raise $50 million at a $269 million market cap. VersaBank is a Canadian Schedule I chartered bank and states that it is one of the world's first fully digital financial institutions. As of July 31, 2021, VersaBank had $1.8 billion in assets, $1.6 billion in loans, $1.5 billion in deposits, and $202 million in stockholders' equity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810159501,"gmtCreate":1629954924103,"gmtModify":1676530183328,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/810159501","repostId":"1197778368","repostType":4,"repost":{"id":"1197778368","pubTimestamp":1629932731,"share":"https://www.laohu8.com/m/news/1197778368?lang=&edition=full","pubTime":"2021-08-26 07:05","market":"us","language":"en","title":"S&P 500, Nasdaq notch all-time closing highs ahead of Jackson Hole","url":"https://stock-news.laohu8.com/highlight/detail?id=1197778368","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street gained ground again on Wednesday, with chipmakers and financials he","content":"<p>NEW YORK (Reuters) - Wall Street gained ground again on Wednesday, with chipmakers and financials helping to push the S&amp;P 500 and the Nasdaq to record closing highs as investors look to the upcoming Jackson Hole Symposium for assurances that Federal Reserve’s timeline for policy tightening remains intact.</p>\n<p>With few negative catalysts to sour the risk-on sentiment, all three major U.S. indexes ended the session modestly higher.</p>\n<p>“Positive news on vaccination approvals, and expectations that the Fed won’t shock markets at Jackson Hole, are helping to keep equity prices higher,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York, who added “it’s a very quiet market as many investors are sitting on the beach this week.”</p>\n<p>Rising U.S. Treasury yields boosted rate sensitive financials, and sectors that stand to gain most from economic revival - smallcaps, chips and transports - were outperforming the broader market.</p>\n<p>Days after the Food and Drug Administration gave full approval to the Pfizer-BioNTech COVID-19 vaccine, companies and institutions are moving toward either mandated inoculation, or penalization for those who forego the shot.</p>\n<p>The Pentagon and Delta Air Lines are the latest to enact such measures, with Ford Motor Co and others potentially following suit.</p>\n<p>For an interactive graphic on global vaccine deployment and new infection rates, click here.</p>\n<p>The session marked the S&amp;P 500’s 51st record high close so far this year.</p>\n<p>Analysts polled by Reuters, however, see the stock market staying rangebound for the remainder of 2021, with the S&amp;P 500 ending the year little changed as the pandemic recovery, along with corporate earnings growth, lose steam.</p>\n<p>“Following a long run, equity indexes have cooled off as the next engine of growth is unclear,” Carter at Lenox Wealth Advisors added. “Fiscal and monetary stimulus may have lost their oomph to push markets higher still.”</p>\n<p>Tame economic data, including flat new orders for core capital goods, reinforced the notion that Fed Chairman Jerome Powell is unlikely to hint at a shortened timeline for policy tightening at the virtual Jackson Hole Symposium, due to get underway on Friday.</p>\n<p>“(The) expectation is that Fed won’t scare markets, and will announce only a cautious tapering,” Carter said.</p>\n<p>The Dow Jones Industrial Average rose 39.24 points, or 0.11%, to 35,405.5, the S&amp;P 500 gained 9.96 points, or 0.22%, to 4,496.19 and the Nasdaq Composite added 22.06 points, or 0.15%, to 15,041.86.</p>\n<p>Financials were the clear winners among 11 major sectors in the S&amp;P 500, gaining more than 1%. Healthcare stocks suffered the largest percentage decline.</p>\n<p>Chipmakers Nvidia Corp and Applied Materials rose 1.9% and 1.2%, respectively, and along with mega-cap growth stocks Alphabet Inc, Tesla Inc and Facebook Inc, provided the biggest boost to the Nasdaq.</p>\n<p>Nordstrom Inc tumbled 17.6% after the department store operator posted a 6% decline in quarterly revenue from pre-pandemic levels.</p>\n<p>Dick’s Sporting Goods Inc announced a special dividend and raised its annual sales and profit forecast, sending its shares surging 13.3%.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.31-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 63 new 52-week highs and one new low; the Nasdaq Composite recorded 125 new highs and 33 new lows.</p>\n<p>Volume on U.S. exchanges was 8.29 billion shares, compared with the 9.00 billion average over the last 20 trading days.</p>","source":"lsy1601381805984","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>S&P 500, Nasdaq notch all-time closing highs ahead of Jackson Hole</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\">\nS&P 500, Nasdaq notch all-time closing highs ahead of Jackson Hole\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 07:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/sp-500-nasdaq-notch-all-time-closing-highs-ahead-of-jackson-hole-idUSKBN2FQ0Y4><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street gained ground again on Wednesday, with chipmakers and financials helping to push the S&P 500 and the Nasdaq to record closing highs as investors look to the upcoming ...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/sp-500-nasdaq-notch-all-time-closing-highs-ahead-of-jackson-hole-idUSKBN2FQ0Y4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","JWN":"诺德斯特龙",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/us-usa-stocks/sp-500-nasdaq-notch-all-time-closing-highs-ahead-of-jackson-hole-idUSKBN2FQ0Y4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197778368","content_text":"NEW YORK (Reuters) - Wall Street gained ground again on Wednesday, with chipmakers and financials helping to push the S&P 500 and the Nasdaq to record closing highs as investors look to the upcoming Jackson Hole Symposium for assurances that Federal Reserve’s timeline for policy tightening remains intact.\nWith few negative catalysts to sour the risk-on sentiment, all three major U.S. indexes ended the session modestly higher.\n“Positive news on vaccination approvals, and expectations that the Fed won’t shock markets at Jackson Hole, are helping to keep equity prices higher,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York, who added “it’s a very quiet market as many investors are sitting on the beach this week.”\nRising U.S. Treasury yields boosted rate sensitive financials, and sectors that stand to gain most from economic revival - smallcaps, chips and transports - were outperforming the broader market.\nDays after the Food and Drug Administration gave full approval to the Pfizer-BioNTech COVID-19 vaccine, companies and institutions are moving toward either mandated inoculation, or penalization for those who forego the shot.\nThe Pentagon and Delta Air Lines are the latest to enact such measures, with Ford Motor Co and others potentially following suit.\nFor an interactive graphic on global vaccine deployment and new infection rates, click here.\nThe session marked the S&P 500’s 51st record high close so far this year.\nAnalysts polled by Reuters, however, see the stock market staying rangebound for the remainder of 2021, with the S&P 500 ending the year little changed as the pandemic recovery, along with corporate earnings growth, lose steam.\n“Following a long run, equity indexes have cooled off as the next engine of growth is unclear,” Carter at Lenox Wealth Advisors added. “Fiscal and monetary stimulus may have lost their oomph to push markets higher still.”\nTame economic data, including flat new orders for core capital goods, reinforced the notion that Fed Chairman Jerome Powell is unlikely to hint at a shortened timeline for policy tightening at the virtual Jackson Hole Symposium, due to get underway on Friday.\n“(The) expectation is that Fed won’t scare markets, and will announce only a cautious tapering,” Carter said.\nThe Dow Jones Industrial Average rose 39.24 points, or 0.11%, to 35,405.5, the S&P 500 gained 9.96 points, or 0.22%, to 4,496.19 and the Nasdaq Composite added 22.06 points, or 0.15%, to 15,041.86.\nFinancials were the clear winners among 11 major sectors in the S&P 500, gaining more than 1%. Healthcare stocks suffered the largest percentage decline.\nChipmakers Nvidia Corp and Applied Materials rose 1.9% and 1.2%, respectively, and along with mega-cap growth stocks Alphabet Inc, Tesla Inc and Facebook Inc, provided the biggest boost to the Nasdaq.\nNordstrom Inc tumbled 17.6% after the department store operator posted a 6% decline in quarterly revenue from pre-pandemic levels.\nDick’s Sporting Goods Inc announced a special dividend and raised its annual sales and profit forecast, sending its shares surging 13.3%.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.49-to-1 ratio; on Nasdaq, a 1.31-to-1 ratio favored advancers.\nThe S&P 500 posted 63 new 52-week highs and one new low; the Nasdaq Composite recorded 125 new highs and 33 new lows.\nVolume on U.S. exchanges was 8.29 billion shares, compared with the 9.00 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171212894,"gmtCreate":1626746007118,"gmtModify":1703764327657,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/171212894","repostId":"2152652683","repostType":4,"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3550593849162338","authorId":"3550593849162338","name":"Huradelia","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0},"content":"Please comment and like back","text":"Please comment and like back","html":"Please comment and like back"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9068682344,"gmtCreate":1651762526688,"gmtModify":1676534964585,"author":{"id":"3581654499912172","authorId":"3581654499912172","name":"lzh77","avatar":"https://static.tigerbbs.com/37282f661827d98da9d277ecf852cb00","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068682344","repostId":"1126632432","repostType":4,"repost":{"id":"1126632432","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":1651759767,"share":"https://www.laohu8.com/m/news/1126632432?lang=&edition=full","pubTime":"2022-05-05 22:09","market":"us","language":"en","title":"Nasdaq Slides More Than 3%, Wiping out Wednesday’s Post-Fed Rally for Tech Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1126632432","media":"Tiger Newspress","summary":"Stocks fell on Thursday, giving back some of the sharp gains seen in the previous session after the ","content":"<html><head></head><body><p>Stocks fell on Thursday, giving back some of the sharp gains seen in the previous session after the Federal Reserve raised rates by half a point.</p><p>The Dow Jones Industrial Average fell 1.78%. The S&amp;P 500 and Nasdaq Composite fell 2.19% and 3.12%, respectively.</p><p><img src=\"https://static.tigerbbs.com/6e57fe638d4ff4103945f93d5fee14a6\" tg-width=\"424\" tg-height=\"202\" width=\"100%\" height=\"auto\"/></p><p>The moves come after a major rally for stocks on Wednesday. The Dow surged 932 points, or 2.81%, and the S&amp;P 500 gained 2.99% for their biggest gains since 2020. The Nasdaq Composite jumped 3.19%.</p><p>The Fed increased its benchmark interest rate by 50 basis points, as expected, and said it would begin reducing its balance sheet in June. However, Fed Chair Jerome Powell said during his news conference that the central bank is “not actively considering” a larger 75 basis point rate hike, which appeared to spark a rally.</p><p>Still, the Fed remains open to the prospect of taking rates above neutral to rein in inflation, Zachary Hill, head of portfolio strategy at Horizon Investments, noted.</p><p>“Despite the tightening that we have seen in financial conditions over the last few months, it is clear that the Fed would like to see them tighten further,” he said. “Higher equity valuations are incompatible with that desire, so unless supply chains heal rapidly or workers flood back into the labor force, any equity rallies are likely on borrowed time as Fed messaging becomes more hawkish once again.”</p><p>The Treasury market saw a more dramatic reversal of Wednesday’s rally. The 10-year Treasury yield, which moves opposite of price, surged back above 3% on Thursday morning.</p><p>Carlyle Group co-founder David Rubenstein said investors need to get “back to reality” about the headwinds for markets and the economy, including the war in Russia and high inflation.</p><p>“We’re also looking at 50-basis-point increases the next two FOMC meetings. So we are going to be tightening a bit. I don’t think that is going to be tightening so much so that we’re going slow down the economy. ... but we still have to recognize that we have some real economic challenges in the United States,” Rubenstein said Thursday on CNBC’s “Squawk Box.”</p><p>Some Wall Street strategists had suggested markets could see a relief rally after the rate increase. After Powell’s comments, investors seemed at ease about the central bank’s ability to slow inflation without triggering a recession. The S&amp;P 500 and Nasdaq Composite touched their lowest levels of the year earlier this week after a rough April for stocks, possibly making some areas of the market oversold.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq Slides More Than 3%, Wiping out Wednesday’s Post-Fed Rally for Tech 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\">\nNasdaq Slides More Than 3%, Wiping out Wednesday’s Post-Fed Rally for Tech Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-05 22:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks fell on Thursday, giving back some of the sharp gains seen in the previous session after the Federal Reserve raised rates by half a point.</p><p>The Dow Jones Industrial Average fell 1.78%. The S&amp;P 500 and Nasdaq Composite fell 2.19% and 3.12%, respectively.</p><p><img src=\"https://static.tigerbbs.com/6e57fe638d4ff4103945f93d5fee14a6\" tg-width=\"424\" tg-height=\"202\" width=\"100%\" height=\"auto\"/></p><p>The moves come after a major rally for stocks on Wednesday. The Dow surged 932 points, or 2.81%, and the S&amp;P 500 gained 2.99% for their biggest gains since 2020. The Nasdaq Composite jumped 3.19%.</p><p>The Fed increased its benchmark interest rate by 50 basis points, as expected, and said it would begin reducing its balance sheet in June. However, Fed Chair Jerome Powell said during his news conference that the central bank is “not actively considering” a larger 75 basis point rate hike, which appeared to spark a rally.</p><p>Still, the Fed remains open to the prospect of taking rates above neutral to rein in inflation, Zachary Hill, head of portfolio strategy at Horizon Investments, noted.</p><p>“Despite the tightening that we have seen in financial conditions over the last few months, it is clear that the Fed would like to see them tighten further,” he said. “Higher equity valuations are incompatible with that desire, so unless supply chains heal rapidly or workers flood back into the labor force, any equity rallies are likely on borrowed time as Fed messaging becomes more hawkish once again.”</p><p>The Treasury market saw a more dramatic reversal of Wednesday’s rally. The 10-year Treasury yield, which moves opposite of price, surged back above 3% on Thursday morning.</p><p>Carlyle Group co-founder David Rubenstein said investors need to get “back to reality” about the headwinds for markets and the economy, including the war in Russia and high inflation.</p><p>“We’re also looking at 50-basis-point increases the next two FOMC meetings. So we are going to be tightening a bit. I don’t think that is going to be tightening so much so that we’re going slow down the economy. ... but we still have to recognize that we have some real economic challenges in the United States,” Rubenstein said Thursday on CNBC’s “Squawk Box.”</p><p>Some Wall Street strategists had suggested markets could see a relief rally after the rate increase. After Powell’s comments, investors seemed at ease about the central bank’s ability to slow inflation without triggering a recession. The S&amp;P 500 and Nasdaq Composite touched their lowest levels of the year earlier this week after a rough April for stocks, possibly making some areas of the market oversold.</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":"1126632432","content_text":"Stocks fell on Thursday, giving back some of the sharp gains seen in the previous session after the Federal Reserve raised rates by half a point.The Dow Jones Industrial Average fell 1.78%. The S&P 500 and Nasdaq Composite fell 2.19% and 3.12%, respectively.The moves come after a major rally for stocks on Wednesday. The Dow surged 932 points, or 2.81%, and the S&P 500 gained 2.99% for their biggest gains since 2020. The Nasdaq Composite jumped 3.19%.The Fed increased its benchmark interest rate by 50 basis points, as expected, and said it would begin reducing its balance sheet in June. However, Fed Chair Jerome Powell said during his news conference that the central bank is “not actively considering” a larger 75 basis point rate hike, which appeared to spark a rally.Still, the Fed remains open to the prospect of taking rates above neutral to rein in inflation, Zachary Hill, head of portfolio strategy at Horizon Investments, noted.“Despite the tightening that we have seen in financial conditions over the last few months, it is clear that the Fed would like to see them tighten further,” he said. “Higher equity valuations are incompatible with that desire, so unless supply chains heal rapidly or workers flood back into the labor force, any equity rallies are likely on borrowed time as Fed messaging becomes more hawkish once again.”The Treasury market saw a more dramatic reversal of Wednesday’s rally. The 10-year Treasury yield, which moves opposite of price, surged back above 3% on Thursday morning.Carlyle Group co-founder David Rubenstein said investors need to get “back to reality” about the headwinds for markets and the economy, including the war in Russia and high inflation.“We’re also looking at 50-basis-point increases the next two FOMC meetings. So we are going to be tightening a bit. I don’t think that is going to be tightening so much so that we’re going slow down the economy. ... but we still have to recognize that we have some real economic challenges in the United States,” Rubenstein said Thursday on CNBC’s “Squawk Box.”Some Wall Street strategists had suggested markets could see a relief rally after the rate increase. After Powell’s comments, investors seemed at ease about the central bank’s ability to slow inflation without triggering a recession. The S&P 500 and Nasdaq Composite touched their lowest levels of the year earlier this week after a rough April for stocks, possibly making some areas of the market oversold.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}