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10-22

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Pre-Bell｜U.S. Futures Fall; Nvidia Approaches Apple’s Market Value; Genprex Up 130% After 266% Surge

2021-09-19

Be careful

Singaporeans still out and about but more cautious as daily cases rise

2021-09-16

Apple

Sorry, the original content has been removed

2021-09-12

$Roku Inc(ROKU)$will this go up again?

2021-09-10

$General Motors(GM)$crap

2021-09-03

Regret selling it at 210 last year

Facebook prospects remain bright despite stock run-up - Rowan Street Capital

2021-08-31

$Apple(AAPL)$Finally moving

2021-08-19

Not good

2021-08-18

Going down again

2021-08-15

Slow and steady

2021-08-15

Is this worth buying?

2021-08-13

Finally moving up

2021-08-12

Why down so much?

2021-08-11

$NVIDIA Corp(NVDA)$not bad

2021-08-06

$Microsoft(MSFT)$slow and steady

Go to Tiger App to see more news

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index futures fell on Tuesday as rising Treasury yields pressured rate-sensitive shares, while investors assessed the strength of the corporate sector from various company results.Market Sn","content":"<html><head></head><body><p>U.S. stock index futures fell on Tuesday as rising Treasury yields pressured rate-sensitive shares, while investors assessed the strength of the corporate sector from various company results.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:52 a.m. ET, Dow E-minis were down 189 points, or 0.44%, S&amp;P 500 E-minis were down 28.5 points, or 0.48% and Nasdaq 100 E-minis were down 115.75 points, or 0.56%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/963b8627394fd648fdbf0534bb5b04a9\" tg-width=\"366\" tg-height=\"203\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - Nvidia was up slightly in premarket trading, a day after shares of the the semiconductor maker and the leading provider of chips to train artificial-intelligence systemsclosed at a record high of $143.71 and its market cap reached $3.525 trillion. Nvidia is the second U.S. company to ever close with a market value above $3.5 trillion; Apple first closed above $3.5 trillion on July 9. Apple’s market cap at the close of trading Monday was $3.595 trillion.</p><p><strong><a href=\"https://laohu8.com/S/GRAB\">Grab</a></strong> - Grab stock gained another 2% in premarket trading Tuesday after jumping 8% on Monday. The ride-hailing firm planned to announce its unaudited third quarter 2024 results after the U.S. market closes on November 11, 2024.  </p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/SAP\">SAP</a></strong> - Third-quarter operating profit at SAP on an adjusted basis rose 27% from a year earlier and the German business-software company raised its full-year outlook. SAP said a significant part of its cloud deals in the third quarter “included AI use cases.” U.S.-listed shares of SAP were rising 3.4%.</p><p><strong><a href=\"https://laohu8.com/S/GM\">General Motors</a></strong> - Shares of General Motors were up 1.1%. The auto maker reportedthird-quarter earningsof $2.96 a share and an operating profit of $4.1 billion on sales of $48.8 billion. Wall Street was looking for earnings of $2.38 and an operating profit of $3.3 billion on sales of $44.7 billion.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/VZ\">Verizon</a></strong> - Verizon Communications was down 1.2% in premarket trading after the telecommunications giant posted third-quarter revenue that slightly missed analysts’ expectations because of a decline in wireless equipment sales. Adjusted earnings in the period topped estimates and Verizon reported retail postpaid phone net additions of 239,000, better than estimates of 221,000.</p><p><strong><a href=\"https://laohu8.com/S/GE\">GE Aerospace</a></strong> - GE Aerospace was down 4.4% afterthird-quarter earningsfrom the commercial-aerospace giant topped Wall Street forecasts. The company also raised full-year financial guidance. Coming into Tuesday, the stock has gained 91% this year.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/NUE\">Nucor</a></strong> - Nucor, the steel manufacturer, posted third-quarter earnings and revenue that declined from a year earlier as the average sales price per ton fell 15% from a year earlier and the company shipped 6.2 million tons to outside customers in the period, down 1%. The stock was down 2.6%.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/IRTC\">Irhythm Technologies</a></strong> - iRhythm Technologies jumped 17% after the Food and Drug Administration granted clearance for its submission to prior design changes made to its Zio AT device, a prescription-only outpatient cardiac telemetry device.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/MEDP\">Medpace</a></strong> - Medpace Holdings was falling 11% after the clinical contract research organization raised its earnings guidance for 2024 but said it expects revenue for the year of $2.09 billion to $2.13 billion, down from its prior guidance range of $2.125 billion to $2.175 billion. </p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/CAKE\">Cheesecake Factory</a></strong> - Cheesecake Factory rose 3.7% after The Wall Street Journal reported activist investor JCP Investment Management hasbuilt a position of roughly 2% in the restaurant operatorand has urged it to spin off three of its smaller brands into a separate public company.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/MMM\">3M</a></strong> - 3M was up 4.8% after the maker of Scotch Tape and Post-It-Notesbeat third-quarter earnings expectations.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/DHR\">Danaher</a></strong> - Danaher was up 1.4% after the healthcare and laboratory-supply company reported third-quarter earnings and sales that topped Wall Street expectations.</p><p><strong><a href=\"https://laohu8.com/S/GNPX\">Genprex</a></strong> - Gene therapy company Genprex surged another 130% in premarket trading on Tuesday after soaring 266% on Monday. Genprex’s gene therapy trial progress are driving strong interest.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">Fed&#39;s Daly Says She Doesn&#39;t See Reasons to Stop Cutting Rates</h3><p>Federal Reserve Bank of San Francisco President Mary Daly said she expected the US central bank would continue cutting interest rates to guard against further weakening in the labor market.</p><p>“So far, I haven’t seen any information that would suggest we wouldn’t continue to reduce the interest rate.” Daly said Monday at the Wall Street Journal’s TechLive conference in Laguna Beach, California. “This is a very tight interest rate for an economy that already is on a path to 2% inflation, and I don’t want to see the labor market go further.”</p><p>Policymakers at their meeting last month began lowering interest rates for the first time since the onset of the pandemic. They cut their benchmark by a half percentage point, to a range of 4.75% to 5%, as concern mounted that the labor market was deteriorating and as inflation cooled close to the Fed’s 2% goal.</p><h3 id=\"id_2023800758\">Musk Sued Over &#34;Blade Runner&#34; Imagery During Robotaxi Unveiling</h3><p>Hollywood filmmaker Alcon Entertainment is suing Elon Musk, saying Tesla Inc. used imagery inspired by the 2017 movie Blade Runner 2049 at a recent event even after permission was denied.</p><p>The production company, which has also financed and produced films such as The Blind Side, filed a lawsuit accusing Musk of copyright infringement, saying it specifically declined to grant permission to use the images. Alcon also alleges Tesla didn’t reach out for permission until the day of the event, which was held on Oct. 10. Musk, Tesla and Warner Brothers Discovery Inc., which hosted the event in a studio lot, are listed as defendants.</p><p>The long-anticipated Cybercab unveiling earlier this month was dubbed “We, Robot” — likely in reference to a book by Isaac Asimov with a similar name, or a 2004 film. Tesla unveiled a fully autonomous vehicle, which lacks controls such as a steering wheel and pedals.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜U.S. Futures Fall; Nvidia Approaches Apple’s Market Value; Genprex Up 130% After 266% Surge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Futures Fall; Nvidia Approaches Apple’s Market Value; Genprex Up 130% After 266% Surge\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\">2024-10-22 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures fell on Tuesday as rising Treasury yields pressured rate-sensitive shares, while investors assessed the strength of the corporate sector from various company results.</p><h2 id=\"id_727646980\">Market Snapshot</h2><p>At 7:52 a.m. ET, Dow E-minis were down 189 points, or 0.44%, S&amp;P 500 E-minis were down 28.5 points, or 0.48% and Nasdaq 100 E-minis were down 115.75 points, or 0.56%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/963b8627394fd648fdbf0534bb5b04a9\" tg-width=\"366\" tg-height=\"203\"/></p><h2 id=\"id_4262469929\">Pre-Market Movers</h2><p><strong><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - Nvidia was up slightly in premarket trading, a day after shares of the the semiconductor maker and the leading provider of chips to train artificial-intelligence systemsclosed at a record high of $143.71 and its market cap reached $3.525 trillion. Nvidia is the second U.S. company to ever close with a market value above $3.5 trillion; Apple first closed above $3.5 trillion on July 9. Apple’s market cap at the close of trading Monday was $3.595 trillion.</p><p><strong><a href=\"https://laohu8.com/S/GRAB\">Grab</a></strong> - Grab stock gained another 2% in premarket trading Tuesday after jumping 8% on Monday. The ride-hailing firm planned to announce its unaudited third quarter 2024 results after the U.S. market closes on November 11, 2024.  </p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/SAP\">SAP</a></strong> - Third-quarter operating profit at SAP on an adjusted basis rose 27% from a year earlier and the German business-software company raised its full-year outlook. SAP said a significant part of its cloud deals in the third quarter “included AI use cases.” U.S.-listed shares of SAP were rising 3.4%.</p><p><strong><a href=\"https://laohu8.com/S/GM\">General Motors</a></strong> - Shares of General Motors were up 1.1%. The auto maker reportedthird-quarter earningsof $2.96 a share and an operating profit of $4.1 billion on sales of $48.8 billion. Wall Street was looking for earnings of $2.38 and an operating profit of $3.3 billion on sales of $44.7 billion.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/VZ\">Verizon</a></strong> - Verizon Communications was down 1.2% in premarket trading after the telecommunications giant posted third-quarter revenue that slightly missed analysts’ expectations because of a decline in wireless equipment sales. Adjusted earnings in the period topped estimates and Verizon reported retail postpaid phone net additions of 239,000, better than estimates of 221,000.</p><p><strong><a href=\"https://laohu8.com/S/GE\">GE Aerospace</a></strong> - GE Aerospace was down 4.4% afterthird-quarter earningsfrom the commercial-aerospace giant topped Wall Street forecasts. The company also raised full-year financial guidance. Coming into Tuesday, the stock has gained 91% this year.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/NUE\">Nucor</a></strong> - Nucor, the steel manufacturer, posted third-quarter earnings and revenue that declined from a year earlier as the average sales price per ton fell 15% from a year earlier and the company shipped 6.2 million tons to outside customers in the period, down 1%. The stock was down 2.6%.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/IRTC\">Irhythm Technologies</a></strong> - iRhythm Technologies jumped 17% after the Food and Drug Administration granted clearance for its submission to prior design changes made to its Zio AT device, a prescription-only outpatient cardiac telemetry device.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/MEDP\">Medpace</a></strong> - Medpace Holdings was falling 11% after the clinical contract research organization raised its earnings guidance for 2024 but said it expects revenue for the year of $2.09 billion to $2.13 billion, down from its prior guidance range of $2.125 billion to $2.175 billion. </p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/CAKE\">Cheesecake Factory</a></strong> - Cheesecake Factory rose 3.7% after The Wall Street Journal reported activist investor JCP Investment Management hasbuilt a position of roughly 2% in the restaurant operatorand has urged it to spin off three of its smaller brands into a separate public company.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/MMM\">3M</a></strong> - 3M was up 4.8% after the maker of Scotch Tape and Post-It-Notesbeat third-quarter earnings expectations.</p><p style=\"text-align: start;\"><strong><a href=\"https://laohu8.com/S/DHR\">Danaher</a></strong> - Danaher was up 1.4% after the healthcare and laboratory-supply company reported third-quarter earnings and sales that topped Wall Street expectations.</p><p><strong><a href=\"https://laohu8.com/S/GNPX\">Genprex</a></strong> - Gene therapy company Genprex surged another 130% in premarket trading on Tuesday after soaring 266% on Monday. Genprex’s gene therapy trial progress are driving strong interest.</p><h2 id=\"id_1288056626\">Market News</h2><h3 id=\"id_2888167485\">Fed&#39;s Daly Says She Doesn&#39;t See Reasons to Stop Cutting Rates</h3><p>Federal Reserve Bank of San Francisco President Mary Daly said she expected the US central bank would continue cutting interest rates to guard against further weakening in the labor market.</p><p>“So far, I haven’t seen any information that would suggest we wouldn’t continue to reduce the interest rate.” Daly said Monday at the Wall Street Journal’s TechLive conference in Laguna Beach, California. “This is a very tight interest rate for an economy that already is on a path to 2% inflation, and I don’t want to see the labor market go further.”</p><p>Policymakers at their meeting last month began lowering interest rates for the first time since the onset of the pandemic. They cut their benchmark by a half percentage point, to a range of 4.75% to 5%, as concern mounted that the labor market was deteriorating and as inflation cooled close to the Fed’s 2% goal.</p><h3 id=\"id_2023800758\">Musk Sued Over &#34;Blade Runner&#34; Imagery During Robotaxi Unveiling</h3><p>Hollywood filmmaker Alcon Entertainment is suing Elon Musk, saying Tesla Inc. used imagery inspired by the 2017 movie Blade Runner 2049 at a recent event even after permission was denied.</p><p>The production company, which has also financed and produced films such as The Blind Side, filed a lawsuit accusing Musk of copyright infringement, saying it specifically declined to grant permission to use the images. Alcon also alleges Tesla didn’t reach out for permission until the day of the event, which was held on Oct. 10. Musk, Tesla and Warner Brothers Discovery Inc., which hosted the event in a studio lot, are listed as defendants.</p><p>The long-anticipated Cybercab unveiling earlier this month was dubbed “We, Robot” — likely in reference to a book by Isaac Asimov with a similar name, or a 2004 film. Tesla unveiled a fully autonomous vehicle, which lacks controls such as a steering wheel and pedals.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SAP":"SAP SE",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","MMM":"3M","MEDP":"Medpace Holdings Inc.","GM":"通用汽车","GRAB":"Grab Holdings","GNPX":"Genprex, Inc.","NVDA":"英伟达","IRTC":"Irhythm Technologies Inc.","CAKE":"芝乐坊餐馆","GE":"GE航空航天","DHR":"丹纳赫","NUE":"纽柯钢铁","VZ":"威瑞森",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179791102","content_text":"U.S. stock index futures fell on Tuesday as rising Treasury yields pressured rate-sensitive shares, while investors assessed the strength of the corporate sector from various company results.Market SnapshotAt 7:52 a.m. ET, Dow E-minis were down 189 points, or 0.44%, S&P 500 E-minis were down 28.5 points, or 0.48% and Nasdaq 100 E-minis were down 115.75 points, or 0.56%.Pre-Market MoversNvidia - Nvidia was up slightly in premarket trading, a day after shares of the the semiconductor maker and the leading provider of chips to train artificial-intelligence systemsclosed at a record high of $143.71 and its market cap reached $3.525 trillion. Nvidia is the second U.S. company to ever close with a market value above $3.5 trillion; Apple first closed above $3.5 trillion on July 9. Apple’s market cap at the close of trading Monday was $3.595 trillion.Grab - Grab stock gained another 2% in premarket trading Tuesday after jumping 8% on Monday. The ride-hailing firm planned to announce its unaudited third quarter 2024 results after the U.S. market closes on November 11, 2024.  SAP - Third-quarter operating profit at SAP on an adjusted basis rose 27% from a year earlier and the German business-software company raised its full-year outlook. SAP said a significant part of its cloud deals in the third quarter “included AI use cases.” U.S.-listed shares of SAP were rising 3.4%.General Motors - Shares of General Motors were up 1.1%. The auto maker reportedthird-quarter earningsof $2.96 a share and an operating profit of $4.1 billion on sales of $48.8 billion. Wall Street was looking for earnings of $2.38 and an operating profit of $3.3 billion on sales of $44.7 billion.Verizon - Verizon Communications was down 1.2% in premarket trading after the telecommunications giant posted third-quarter revenue that slightly missed analysts’ expectations because of a decline in wireless equipment sales. Adjusted earnings in the period topped estimates and Verizon reported retail postpaid phone net additions of 239,000, better than estimates of 221,000.GE Aerospace - GE Aerospace was down 4.4% afterthird-quarter earningsfrom the commercial-aerospace giant topped Wall Street forecasts. The company also raised full-year financial guidance. Coming into Tuesday, the stock has gained 91% this year.Nucor - Nucor, the steel manufacturer, posted third-quarter earnings and revenue that declined from a year earlier as the average sales price per ton fell 15% from a year earlier and the company shipped 6.2 million tons to outside customers in the period, down 1%. The stock was down 2.6%.Irhythm Technologies - iRhythm Technologies jumped 17% after the Food and Drug Administration granted clearance for its submission to prior design changes made to its Zio AT device, a prescription-only outpatient cardiac telemetry device.Medpace - Medpace Holdings was falling 11% after the clinical contract research organization raised its earnings guidance for 2024 but said it expects revenue for the year of $2.09 billion to $2.13 billion, down from its prior guidance range of $2.125 billion to $2.175 billion. Cheesecake Factory - Cheesecake Factory rose 3.7% after The Wall Street Journal reported activist investor JCP Investment Management hasbuilt a position of roughly 2% in the restaurant operatorand has urged it to spin off three of its smaller brands into a separate public company.3M - 3M was up 4.8% after the maker of Scotch Tape and Post-It-Notesbeat third-quarter earnings expectations.Danaher - Danaher was up 1.4% after the healthcare and laboratory-supply company reported third-quarter earnings and sales that topped Wall Street expectations.Genprex - Gene therapy company Genprex surged another 130% in premarket trading on Tuesday after soaring 266% on Monday. Genprex’s gene therapy trial progress are driving strong interest.Market NewsFed's Daly Says She Doesn't See Reasons to Stop Cutting RatesFederal Reserve Bank of San Francisco President Mary Daly said she expected the US central bank would continue cutting interest rates to guard against further weakening in the labor market.“So far, I haven’t seen any information that would suggest we wouldn’t continue to reduce the interest rate.” Daly said Monday at the Wall Street Journal’s TechLive conference in Laguna Beach, California. “This is a very tight interest rate for an economy that already is on a path to 2% inflation, and I don’t want to see the labor market go further.”Policymakers at their meeting last month began lowering interest rates for the first time since the onset of the pandemic. They cut their benchmark by a half percentage point, to a range of 4.75% to 5%, as concern mounted that the labor market was deteriorating and as inflation cooled close to the Fed’s 2% goal.Musk Sued Over \"Blade Runner\" Imagery During Robotaxi UnveilingHollywood filmmaker Alcon Entertainment is suing Elon Musk, saying Tesla Inc. used imagery inspired by the 2017 movie Blade Runner 2049 at a recent event even after permission was denied.The production company, which has also financed and produced films such as The Blind Side, filed a lawsuit accusing Musk of copyright infringement, saying it specifically declined to grant permission to use the images. Alcon also alleges Tesla didn’t reach out for permission until the day of the event, which was held on Oct. 10. Musk, Tesla and Warner Brothers Discovery Inc., which hosted the event in a studio lot, are listed as defendants.The long-anticipated Cybercab unveiling earlier this month was dubbed “We, Robot” — likely in reference to a book by Isaac Asimov with a similar name, or a 2004 film. Tesla unveiled a fully autonomous vehicle, which lacks controls such as a steering wheel and pedals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887537150,"gmtCreate":1632062062270,"gmtModify":1676530694388,"author":{"id":"3581678822604359","authorId":"3581678822604359","name":"seahcs","avatar":"https://static.tigerbbs.com/a954b61c922a30dff8188e454a7e9970","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581678822604359","authorIdStr":"3581678822604359"},"themes":[],"htmlText":"Be careful","listText":"Be careful","text":"Be careful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/887537150","repostId":"2168089015","repostType":4,"repost":{"id":"2168089015","kind":"news","pubTimestamp":1631998800,"share":"https://ttm.financial/m/news/2168089015?lang=&edition=fundamental","pubTime":"2021-09-19 05:00","market":"sg","language":"en","title":"Singaporeans still out and about but more cautious as daily cases rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2168089015","media":"The Straits Times","summary":"SINGAPORE - Although Singaporeans continue to go out, many are taking more precautions like avoiding","content":"<div>\n<p>SINGAPORE - Although Singaporeans continue to go out, many are taking more precautions like avoiding crowded areas as daily Covid-19 cases rise.\nMr Edward Pang, 64, retired from being a taxi driver in...</p>\n\n<a href=\"http://www.straitstimes.com/singapore/community/singaporeans-still-out-and-about-but-more-cautious-as-daily-cases-rise\">Web Link</a>\n\n</div>\n","source":"straits_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>Singaporeans still out and about but more cautious as daily cases rise</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\">\nSingaporeans still out and about but more cautious as daily cases rise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-19 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/singapore/community/singaporeans-still-out-and-about-but-more-cautious-as-daily-cases-rise><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - Although Singaporeans continue to go out, many are taking more precautions like avoiding crowded areas as daily Covid-19 cases rise.\nMr Edward Pang, 64, retired from being a taxi driver in...</p>\n\n<a href=\"http://www.straitstimes.com/singapore/community/singaporeans-still-out-and-about-but-more-cautious-as-daily-cases-rise\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/singapore/community/singaporeans-still-out-and-about-but-more-cautious-as-daily-cases-rise","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168089015","content_text":"SINGAPORE - Although Singaporeans continue to go out, many are taking more precautions like avoiding crowded areas as daily Covid-19 cases rise.\nMr Edward Pang, 64, retired from being a taxi driver in March last year, fearing he would catch Covid-19 and infect his children.\nHe said: \"I don't go to crowded places any more, but I still go out for essential needs like buying food.\"\n\n\n\n\n\n\nAt four shopping malls - Jem, Tampines 1, Century Square and Northpoint City - and at the Singapore Botanic Gardens and a wet market in Yishun last week, The Straits Times found that while there were crowds, people were keeping their distance from others.\nEven as a steady stream of customers went into the various shops, many appeared somewhat uneasy being out and about.\nMr Sufiyan Sulaiman, 34, who has a one-month-old son and was leaving Century Square mall after getting his groceries, said: \"Since I have a newborn, I've been making it a point to stay home unless really necessary.\n\n\n\n\n\n\n\n\"Before this, my wife and I were going to a mall nearly daily. But even if not for him, I would probably cut down anyway since the numbers are going crazy.\"\nDr Gurvin Gill, 34, who was waiting at a taxi stand at Tampines 1 mall on Friday evening, said over the past three weeks, she has been restricting her movements to just between home and work.\nAesthetician Josephine Teo, 54, said she has stopped dining out with her three children.\nAt Northpoint City in Yishun, ST observed about 300 people shopping and dining from 5pm to 7pm last Thursday. Groups kept their distance from one another while queueing at stores and restaurants.\n\n\n\n\n\n\nA Covid-19 cluster was detected at the mall in April last year, and was closed two months later.\nRetired technician Ong Guan Leong, 74, who is fully vaccinated and is waiting to receive the SMS invite to get the booster shot, said he still goes to the library at the mall to read newspapers daily.\n\n\n\n\n   Diners seen patronizing at eateries in Jem at Jurong East. ST PHOTO: TIMOTHY DAVID\n  \n\n\nHe said: \"I think there's no point being scared because we have to live with the virus anyway.\"\nHousewife Sita Mazumdar, 41, who has two children, was worried about the rising number of Covid-19 cases as her younger child, aged seven, is unvaccinated.\nShe said: \"I try not to go out unless it's required. I always make sure we sanitise our hands.\"\n\n\n\nMore on this topic\n\n\n\n        \n      \n\n\n\n\n          Related Story\n         \nPace of reopening amid Covid-19 depends on price S'pore is willing to pay, say experts\n\n\n\n\n\n\n        \n      \n\n\n\n\n          Related Story\n         \nF&B outlets in CBD hardest hit as people avoid social gatherings\n\n\n\n\n\n\n\n\nChong Pang Market and Food Centre was crowded on Friday between 8am and 10am with queues forming at food stalls.\nThe market had shuttered for two weeks in July after being linked to the Jurong Fishery Port and the Hong Lim Market and Food Centre cluster. The cluster was closed on Sept 12 with a total of 1,155 cases.\nMrs Pavani Metikal, 29, a housewife who was passing by the market, said she was more cautious about handling produce.\nShe said: \"I used to touch things more freely when considering whether to buy them, but now I am more careful. I'm already used to cutting down on social activities since the start of the pandemic.\"\nFive park-goers who were at the Botanic Gardens on Thursday evening said they were not overly worried, citing the open space and fewer crowds. Visitors remained in scattered groups of up to five, and many left before 7pm.\n\n\n\n\n   Parkgoers in Botanic Gardens on Sept 17, 2021. ST PHOTO: DESMOND WEE \n  \n\n\nManaging director Namio Ohtsubo, 71, who was walking his dog with his wife, said he had just taken his Pfizer-BioNTech/Comirnaty booster shot on Wednesday.\nHe said: \"We are worried about going out generally, but we still drive here or to Fort Canning Park almost every day to walk the dog. It's open air so I'm not worried about contracting Covid-19 here. I also feel more protected from the booster shot.\"\n\n\n\nMore on this topic\n\n\n\n        \n      \n\n\n\n\n          Related Story\n         \nWho should get Covid-19 booster shots next in S'pore?\n\n\n\n\n\n\n        \n      \n\n\n\n\n          Related Story\n         \nCommentary: S'pore should make Covid-19 jabs mandatory so measures can be eased for all","news_type":1},"isVote":1,"tweetType":1,"viewCount":797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885593383,"gmtCreate":1631801524142,"gmtModify":1676530639978,"author":{"id":"3581678822604359","authorId":"3581678822604359","name":"seahcs","avatar":"https://static.tigerbbs.com/a954b61c922a30dff8188e454a7e9970","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581678822604359","authorIdStr":"3581678822604359"},"themes":[],"htmlText":"Apple","listText":"Apple","text":"Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885593383","repostId":"1126607843","repostType":4,"isVote":1,"tweetType":1,"viewCount":545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888085089,"gmtCreate":1631413749941,"gmtModify":1676530543357,"author":{"id":"3581678822604359","authorId":"3581678822604359","name":"seahcs","avatar":"https://static.tigerbbs.com/a954b61c922a30dff8188e454a7e9970","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581678822604359","authorIdStr":"3581678822604359"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ROKU\">$Roku Inc(ROKU)$</a>will this go up again?","listText":"<a href=\"https://laohu8.com/S/ROKU\">$Roku Inc(ROKU)$</a>will this go up again?","text":"$Roku Inc(ROKU)$will this go up again?","images":[{"img":"https://static.tigerbbs.com/991454e64b6a78889c9993578e30fdf1","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/888085089","isVote":1,"tweetType":1,"viewCount":484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":883738892,"gmtCreate":1631271846316,"gmtModify":1676530514875,"author":{"id":"3581678822604359","authorId":"3581678822604359","name":"seahcs","avatar":"https://static.tigerbbs.com/a954b61c922a30dff8188e454a7e9970","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581678822604359","authorIdStr":"3581678822604359"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GM\">$General Motors(GM)$</a>crap","listText":"<a href=\"https://laohu8.com/S/GM\">$General Motors(GM)$</a>crap","text":"$General Motors(GM)$crap","images":[{"img":"https://static.tigerbbs.com/f1da86a1ac909e5097b07b1125f1bd4b","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883738892","isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":815509741,"gmtCreate":1630684688383,"gmtModify":1676530377209,"author":{"id":"3581678822604359","authorId":"3581678822604359","name":"seahcs","avatar":"https://static.tigerbbs.com/a954b61c922a30dff8188e454a7e9970","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581678822604359","authorIdStr":"3581678822604359"},"themes":[],"htmlText":"Regret selling it at 210 last year","listText":"Regret selling it at 210 last year","text":"Regret selling it at 210 last year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815509741","repostId":"1128877475","repostType":4,"repost":{"id":"1128877475","kind":"news","pubTimestamp":1630681596,"share":"https://ttm.financial/m/news/1128877475?lang=&edition=fundamental","pubTime":"2021-09-03 23:06","market":"us","language":"en","title":"Facebook prospects remain bright despite stock run-up - Rowan Street Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=1128877475","media":"seekingalpha","summary":"Alex Kopel and Joe Maas, co-founders and managing directors at Rowan Street Capital, said in a lette","content":"<ul>\n <li>Alex Kopel and Joe Maas, co-founders and managing directors at Rowan Street Capital, said in a letter to investors that the \"future prospects remain bright\" for Facebook(NASDAQ:FB), despite the fact that the fund's investment in the social media platform has already doubled over the past three years.</li>\n <li>\"We were convinced that FB remains an extraordinary business with an incredible moat (2.9B users), and they still have tons of opportunities to profitably reinvest their capital,\" they said&nbsp;in a fund letter released this week.</li>\n <li>Kopel and Maas acknowledged that the company has been forced to increase its expenses in recent years to answer regulatory concerns and to counter worries about misinformation on its platform.</li>\n <li>However, they expect future expense growth to approximate revenue growth over time.</li>\n <li>The Rowan Street co-founders predicted that FB would continue to see revenue growth of at least 20%.</li>\n <li>In its latest earnings report, released in late July, FB reported a quarterly profit that&nbsp;easily topped expectations, on revenue that climbed nearly 56% to just over $29B.</li>\n <li>However, the company also warned that&nbsp;revenue growth would significantly decelerate&nbsp;as it comes up against more difficult comparisons.</li>\n <li>FB has advanced steadily since March, reaching a series of 52-week highs. This included a peak of $384.33 set earlier this week. Shares were up fractionally in Friday's intraday action, rising to $376.69:</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook prospects remain bright despite stock run-up - Rowan Street Capital</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\">\nFacebook prospects remain bright despite stock run-up - Rowan Street Capital\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 23:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3737186-facebook-prospects-remain-bright-despite-stock-run-up-rowan-street-capital><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alex Kopel and Joe Maas, co-founders and managing directors at Rowan Street Capital, said in a letter to investors that the \"future prospects remain bright\" for Facebook(NASDAQ:FB), despite the fact ...</p>\n\n<a href=\"https://seekingalpha.com/news/3737186-facebook-prospects-remain-bright-despite-stock-run-up-rowan-street-capital\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3737186-facebook-prospects-remain-bright-despite-stock-run-up-rowan-street-capital","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1128877475","content_text":"Alex Kopel and Joe Maas, co-founders and managing directors at Rowan Street Capital, said in a letter to investors that the \"future prospects remain bright\" for Facebook(NASDAQ:FB), despite the fact that the fund's investment in the social media platform has already doubled over the past three years.\n\"We were convinced that FB remains an extraordinary business with an incredible moat (2.9B users), and they still have tons of opportunities to profitably reinvest their capital,\" they said in a fund letter released this week.\nKopel and Maas acknowledged that the company has been forced to increase its expenses in recent years to answer regulatory concerns and to counter worries about misinformation on its platform.\nHowever, they expect future expense growth to approximate revenue growth over time.\nThe Rowan Street co-founders predicted that FB would continue to see revenue growth of at least 20%.\nIn its latest earnings report, released in late July, FB reported a quarterly profit that easily topped expectations, on revenue that climbed nearly 56% to just over $29B.\nHowever, the company also warned that revenue growth would significantly decelerate as it comes up against more difficult comparisons.\nFB has advanced steadily since March, reaching a series of 52-week highs. This included a peak of $384.33 set earlier this week. 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year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815509741","repostId":"1128877475","repostType":4,"repost":{"id":"1128877475","kind":"news","pubTimestamp":1630681596,"share":"https://ttm.financial/m/news/1128877475?lang=&edition=fundamental","pubTime":"2021-09-03 23:06","market":"us","language":"en","title":"Facebook prospects remain bright despite stock run-up - Rowan Street Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=1128877475","media":"seekingalpha","summary":"Alex Kopel and Joe Maas, co-founders and managing directors at Rowan Street Capital, said in a lette","content":"<ul>\n <li>Alex Kopel and Joe Maas, co-founders and managing directors at Rowan Street Capital, said in a letter to investors that the \"future prospects remain bright\" for Facebook(NASDAQ:FB), despite the fact that the fund's investment in the social media platform has already doubled over the past three years.</li>\n <li>\"We were convinced that FB remains an extraordinary business with an incredible moat (2.9B users), and they still have tons of opportunities to profitably reinvest their capital,\" they said&nbsp;in a fund letter released this week.</li>\n <li>Kopel and Maas acknowledged that the company has been forced to increase its expenses in recent years to answer regulatory concerns and to counter worries about misinformation on its platform.</li>\n <li>However, they expect future expense growth to approximate revenue growth over time.</li>\n <li>The Rowan Street co-founders predicted that FB would continue to see revenue growth of at least 20%.</li>\n <li>In its latest earnings report, released in late July, FB reported a quarterly profit that&nbsp;easily topped expectations, on revenue that climbed nearly 56% to just over $29B.</li>\n <li>However, the company also warned that&nbsp;revenue growth would significantly decelerate&nbsp;as it comes up against more difficult comparisons.</li>\n <li>FB has advanced steadily since March, reaching a series of 52-week highs. This included a peak of $384.33 set earlier this week. Shares were up fractionally in Friday's intraday action, rising to $376.69:</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook prospects remain bright despite stock run-up - Rowan Street Capital</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\">\nFacebook prospects remain bright despite stock run-up - Rowan Street Capital\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 23:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3737186-facebook-prospects-remain-bright-despite-stock-run-up-rowan-street-capital><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alex Kopel and Joe Maas, co-founders and managing directors at Rowan Street Capital, said in a letter to investors that the \"future prospects remain bright\" for Facebook(NASDAQ:FB), despite the fact ...</p>\n\n<a href=\"https://seekingalpha.com/news/3737186-facebook-prospects-remain-bright-despite-stock-run-up-rowan-street-capital\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3737186-facebook-prospects-remain-bright-despite-stock-run-up-rowan-street-capital","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1128877475","content_text":"Alex Kopel and Joe Maas, co-founders and managing directors at Rowan Street Capital, said in a letter to investors that the \"future prospects remain bright\" for Facebook(NASDAQ:FB), despite the fact that the fund's investment in the social media platform has already doubled over the past three years.\n\"We were convinced that FB remains an extraordinary business with an incredible moat (2.9B users), and they still have tons of opportunities to profitably reinvest their capital,\" they said in a fund letter released this week.\nKopel and Maas acknowledged that the company has been forced to increase its expenses in recent years to answer regulatory concerns and to counter worries about misinformation on its platform.\nHowever, they expect future expense growth to approximate revenue growth over time.\nThe Rowan Street co-founders predicted that FB would continue to see revenue growth of at least 20%.\nIn its latest earnings report, released in late July, FB reported a quarterly profit that easily topped expectations, on revenue that climbed nearly 56% to just over $29B.\nHowever, the company also warned that revenue growth would significantly decelerate as it comes up against more difficult comparisons.\nFB has advanced steadily since March, reaching a series of 52-week highs. This included a peak of $384.33 set earlier this week. Shares were up fractionally in Friday's intraday action, rising to $376.69:","news_type":1},"isVote":1,"tweetType":1,"viewCount":994,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887537150,"gmtCreate":1632062062270,"gmtModify":1676530694388,"author":{"id":"3581678822604359","authorId":"3581678822604359","name":"seahcs","avatar":"https://static.tigerbbs.com/a954b61c922a30dff8188e454a7e9970","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581678822604359","authorIdStr":"3581678822604359"},"themes":[],"htmlText":"Be careful","listText":"Be careful","text":"Be careful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/887537150","repostId":"2168089015","repostType":4,"isVote":1,"tweetType":1,"viewCount":797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362730904379552,"gmtCreate":1729599224584,"gmtModify":1729599227971,"author":{"id":"3581678822604359","authorId":"3581678822604359","name":"seahcs","avatar":"https://static.tigerbbs.com/a954b61c922a30dff8188e454a7e9970","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581678822604359","authorIdStr":"3581678822604359"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362730904379552","repostId":"1179791102","repostType":2,"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885593383,"gmtCreate":1631801524142,"gmtModify":1676530639978,"author":{"id":"3581678822604359","authorId":"3581678822604359","name":"seahcs","avatar":"https://static.tigerbbs.com/a954b61c922a30dff8188e454a7e9970","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581678822604359","authorIdStr":"3581678822604359"},"themes":[],"htmlText":"Apple","listText":"Apple","text":"Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885593383","repostId":"1126607843","repostType":4,"repost":{"id":"1126607843","kind":"news","pubTimestamp":1631785252,"share":"https://ttm.financial/m/news/1126607843?lang=&edition=fundamental","pubTime":"2021-09-16 17:40","market":"us","language":"en","title":"Apple Vs. Microsoft: Who Is Inclined To Fall Harder In Case Of Correction","url":"https://stock-news.laohu8.com/highlight/detail?id=1126607843","media":"seekingalpha","summary":"Summary\n\nObjectively, the likelihood of a significant correction in the stock market now deserves at","content":"<p><b>Summary</b></p>\n<ul>\n <li>Objectively, the likelihood of a significant correction in the stock market now deserves attention.</li>\n <li>In the recent past, Apple and Microsoft have responded differently to a significant decline in the stock market.</li>\n <li>Apple and&nbsp;Microsoft tend to be undervalued in terms of future cash flow, and overvalued in terms of potential dividends.</li>\n <li>In the event of a hypothetical correction, Microsoft's potential for falling is lower than Apple's.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a07b4e98bb726c0044932fc29b3089b3\" tg-width=\"1536\" tg-height=\"1208\" width=\"100%\" height=\"auto\"><span>vicnt/iStock via Getty Images</span></p>\n<p><b>As an introduction...</b></p>\n<p>Since the last major correction in the US stock market ended in March 2020, the Nasdaq index has risen nearly 170%:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05a849f8e9ddf15f484770a5f0227fcd\" tg-width=\"635\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>For a year and a half, this is a very strong result, considering that the average annual total price return of the index over the past decade does not exceed 20%.<i>This fact alone makes us estimate the likelihood of a new significant correction in the stock market higher.</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37eb0178d9d463c7419b99632a6ec614\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: VisualizedAnalytics</span></p>\n<p>In addition, there are other factors that make us wary of the current price level of the market.</p>\n<p>First, this year there is a record inflow of liquidity to the stock market. I'm not talking about the reasons now, they are obvious. But this fact alone makes the market extremely volatile:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10623d7cecd8dec70bb229b809458b68\" tg-width=\"1242\" tg-height=\"918\" width=\"100%\" height=\"auto\"><span>Source: Bank of America</span></p>\n<p>Second, the relative size of the US stock market has exceeded 200% of nominal GDP. In principle, this is not a fundamental limit. But it was the ultra-soft monetary policy that allowed the US stock market to reach its current record level. And most likely, in this context, a reversal is&nbsp;already outlined.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f69cd6450737ddf3e5fcbd6406c793ba\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: VisualizedAnalytics</span></p>\n<p>And finally the third. The macrocycle also allows us to expect the market to enter a phase of increased volatility and tightening of monetary policy:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1d6a6a794dde6f4e1d3e6e9149b55060\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: VisualizedAnalytics</span></p>\n<p>So, objectively, the likelihood of the next correction of the stock market at least deserves attention. And in this context, I propose to answer the question:<i>in case of a correction, which company is inclined to fall harder - Apple (AAPL) or Microsoft (MSFT)?</i></p>\n<p><b>Why Apple vs. Microsoft?</b></p>\n<p>The decision to compare exactly these two companies was dictated by two factors.</p>\n<p>Firstly, these are the two largest companies in the tech sector, together accounting for more than 10% of the total capitalization of the US stock market. These companies are so large that, in principle, their dynamics alone can cause a new wave of correction:</p>\n<p><img src=\"https://static.tigerbbs.com/cf3ef401b67c298ecbd9d56d31fc6927\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31417d34d6eacb724c20b3a274068467\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: VisualizedAnalytics</span></p>\n<p>Secondly, both companies pay dividends. In matters of fundamental valuation, this factor plays a significant role.</p>\n<p><b>Some Statistics</b></p>\n<p>To begin with, let's take a look at what price dynamics both companies have shown during strong market fluctuations in the recent past.</p>\n<p>To do this, I have broken the three-year span into eight periods of market movement:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edfd9dec91d94990cf5217aa649758ac\" tg-width=\"947\" tg-height=\"578\" width=\"100%\" height=\"auto\"><span>Source: TradingView, Author</span></p>\n<p>Here are the results that companies have shown in each of the periods:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/868067f19c2251bfdb0658a251596fcc\" tg-width=\"640\" tg-height=\"214\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>At first glance, the statistics are unambiguous:<i>during periods of correction, the price of Microsoft tends to decrease less than that of Apple.</i>But on the other hand, Apple has consistently performed better during periods of market growth. And in this case, the result obtained can simply be explained by the technical factors of the market behavior.</p>\n<p>But in the current period of growth, both companies demonstrate approximately the same return. And therefore, here we do not find a clue to our question...</p>\n<p><b>Fundamentals</b></p>\n<p>Exclusively in an investment context, the price of a company's share can be viewed from two points of view.</p>\n<p>On the one hand, the price reflects the present value of the company's&nbsp;<b>future cash flow</b>. On the other hand, the price is the present value of the sum of&nbsp;<b>all potential dividends</b>that the company will pay in the future. Let's model these prices for Apple and Microsoft. And for this I will build, respectively, the Discounted Cash Flow Model and the Dividend Discount Model.</p>\n<p>In order for the models to be less subjective, I will take as a basis the average expectations of analysts regarding the revenue and EPS of the companies in the next decade.</p>\n<p>Let's start with&nbsp;<b>Apple</b>. Here is the calculation of the Weighted Average Cost of Capital:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f8fc4e5dc7025dd1227ea5279073aa5\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>Notes:</p>\n<ul>\n <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 (1.33%).</li>\n <li>I used the current&nbsp;value&nbsp;of the three-year beta coefficient. For a terminal year, I used Beta equal to 1.</li>\n <li>To calculate the Cost of Debt, I used the interest expense for 2020 divided by the average debt in 2019 and 2018.</li>\n</ul>\n<p>Here is the DCF model:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9bfb45a9125bb1f465cd34a6a8a6d06a\" tg-width=\"640\" tg-height=\"520\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p><b>The DCF-based target price for Apple's shares is about $181 (+22%).</b></p>\n<p>In the case of Apple, when building the Dividend Discount Model it is also necessary to take into account the fact that the company continues to actively buy back:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d84076d0fc1bb5dbec8c1e6e19434153\" tg-width=\"635\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Continuing the current dynamics, the model assumes that by the terminal year the number of diluted shares will be reduced to 13.5 billion.</p>\n<p>Apple spends an average of 25% of its net income on dividends. I assume that the payout ratio will remain at this level.</p>\n<p>Here is the Dividend Discount Model itself:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8990a8299cc0652d77815710f0ab427\" tg-width=\"640\" tg-height=\"292\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p><b><i>The DDM-based target price for Apple's shares is $69 (-54%).</i></b></p>\n<p>Now let's take a look at Microsoft.</p>\n<p>Here is the calculation of the WACC:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/15889e90904c69497b749f28bd64190f\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p>And here is the DCF model:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7dca7339e43f534807bf043b1931e1db\" tg-width=\"640\" tg-height=\"506\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p><b>The DCF-based target price for Microsoft's shares is about $353 (+18%).</b></p>\n<p>Microsoft is also actively buying back shares:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1deec463f584b5eb7913d72938d3e1ca\" tg-width=\"635\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>I proceed from the assumption that the dynamics of the last two years will continue, and by the terminal year, the number of diluted shares will be reduced to 7.2 billion.</p>\n<p>Here is the Dividend Discount Model:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/18c863b92e948f78e518d5619b44647d\" tg-width=\"640\" tg-height=\"283\" width=\"100%\" height=\"auto\"><span>Source: Author</span></p>\n<p><b><i>The DDM-based target price for Microsoft's shares is $203 (-32%).</i></b></p>\n<p>Let's summarize:</p>\n<p><img src=\"https://static.tigerbbs.com/84b527d82270843e021a89a9ecdf68e6\" tg-width=\"906\" tg-height=\"212\" width=\"100%\" height=\"auto\"></p>\n<p>It is worth noting that I have already been observing similar results in the case of these companies for a long time. I mean, Apple and Microsoft tend to be undervalued in terms of future cash flow, and overvalued in terms of potential dividends.</p>\n<p>This suggests that during periods of market growth, investors are not particularly inclined to pay attention to dividends. Moreover, most likely dividends are perceived simply as a bonus.</p>\n<p>But during periods of market correction, the present value of potential dividends is the minimum level below which it is difficult for the price to fall. And in this context, I think Microsoft is in a better position than Apple.</p>\n<p><b>Bottom line</b></p>\n<p>At the current stage of the market cycle, when the likelihood of a correction has gone beyond formal, in my opinion, investing in Microsoft is less risky compared to Apple.</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>Apple Vs. Microsoft: Who Is Inclined To Fall Harder In Case Of Correction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Vs. Microsoft: Who Is Inclined To Fall Harder In Case Of Correction\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4455478-apple-stock-vs-microsoft-stock-who-is-inclined-to-fall-harder-in-case-of-correction><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nObjectively, the likelihood of a significant correction in the stock market now deserves attention.\nIn the recent past, Apple and Microsoft have responded differently to a significant decline...</p>\n\n<a href=\"https://seekingalpha.com/article/4455478-apple-stock-vs-microsoft-stock-who-is-inclined-to-fall-harder-in-case-of-correction\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","MSFT":"微软"},"source_url":"https://seekingalpha.com/article/4455478-apple-stock-vs-microsoft-stock-who-is-inclined-to-fall-harder-in-case-of-correction","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126607843","content_text":"Summary\n\nObjectively, the likelihood of a significant correction in the stock market now deserves attention.\nIn the recent past, Apple and Microsoft have responded differently to a significant decline in the stock market.\nApple and Microsoft tend to be undervalued in terms of future cash flow, and overvalued in terms of potential dividends.\nIn the event of a hypothetical correction, Microsoft's potential for falling is lower than Apple's.\n\nvicnt/iStock via Getty Images\nAs an introduction...\nSince the last major correction in the US stock market ended in March 2020, the Nasdaq index has risen nearly 170%:\nData by YCharts\nFor a year and a half, this is a very strong result, considering that the average annual total price return of the index over the past decade does not exceed 20%.This fact alone makes us estimate the likelihood of a new significant correction in the stock market higher.\nSource: VisualizedAnalytics\nIn addition, there are other factors that make us wary of the current price level of the market.\nFirst, this year there is a record inflow of liquidity to the stock market. I'm not talking about the reasons now, they are obvious. But this fact alone makes the market extremely volatile:\nSource: Bank of America\nSecond, the relative size of the US stock market has exceeded 200% of nominal GDP. In principle, this is not a fundamental limit. But it was the ultra-soft monetary policy that allowed the US stock market to reach its current record level. And most likely, in this context, a reversal is already outlined.\nSource: VisualizedAnalytics\nAnd finally the third. The macrocycle also allows us to expect the market to enter a phase of increased volatility and tightening of monetary policy:\nSource: VisualizedAnalytics\nSo, objectively, the likelihood of the next correction of the stock market at least deserves attention. And in this context, I propose to answer the question:in case of a correction, which company is inclined to fall harder - Apple (AAPL) or Microsoft (MSFT)?\nWhy Apple vs. Microsoft?\nThe decision to compare exactly these two companies was dictated by two factors.\nFirstly, these are the two largest companies in the tech sector, together accounting for more than 10% of the total capitalization of the US stock market. These companies are so large that, in principle, their dynamics alone can cause a new wave of correction:\n\nSource: VisualizedAnalytics\nSecondly, both companies pay dividends. In matters of fundamental valuation, this factor plays a significant role.\nSome Statistics\nTo begin with, let's take a look at what price dynamics both companies have shown during strong market fluctuations in the recent past.\nTo do this, I have broken the three-year span into eight periods of market movement:\nSource: TradingView, Author\nHere are the results that companies have shown in each of the periods:\nSource: Author\nAt first glance, the statistics are unambiguous:during periods of correction, the price of Microsoft tends to decrease less than that of Apple.But on the other hand, Apple has consistently performed better during periods of market growth. And in this case, the result obtained can simply be explained by the technical factors of the market behavior.\nBut in the current period of growth, both companies demonstrate approximately the same return. And therefore, here we do not find a clue to our question...\nFundamentals\nExclusively in an investment context, the price of a company's share can be viewed from two points of view.\nOn the one hand, the price reflects the present value of the company's future cash flow. On the other hand, the price is the present value of the sum of all potential dividendsthat the company will pay in the future. Let's model these prices for Apple and Microsoft. And for this I will build, respectively, the Discounted Cash Flow Model and the Dividend Discount Model.\nIn order for the models to be less subjective, I will take as a basis the average expectations of analysts regarding the revenue and EPS of the companies in the next decade.\nLet's start with Apple. Here is the calculation of the Weighted Average Cost of Capital:\nSource: Author\nNotes:\n\nIn 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 (1.33%).\nI used the current value of the three-year beta coefficient. For a terminal year, I used Beta equal to 1.\nTo calculate the Cost of Debt, I used the interest expense for 2020 divided by the average debt in 2019 and 2018.\n\nHere is the DCF model:\nSource: Author\nThe DCF-based target price for Apple's shares is about $181 (+22%).\nIn the case of Apple, when building the Dividend Discount Model it is also necessary to take into account the fact that the company continues to actively buy back:\nData by YCharts\nContinuing the current dynamics, the model assumes that by the terminal year the number of diluted shares will be reduced to 13.5 billion.\nApple spends an average of 25% of its net income on dividends. I assume that the payout ratio will remain at this level.\nHere is the Dividend Discount Model itself:\nSource: Author\nThe DDM-based target price for Apple's shares is $69 (-54%).\nNow let's take a look at Microsoft.\nHere is the calculation of the WACC:\nSource: Author\nAnd here is the DCF model:\nSource: Author\nThe DCF-based target price for Microsoft's shares is about $353 (+18%).\nMicrosoft is also actively buying back shares:\nData by YCharts\nI proceed from the assumption that the dynamics of the last two years will continue, and by the terminal year, the number of diluted shares will be reduced to 7.2 billion.\nHere is the Dividend Discount Model:\nSource: Author\nThe DDM-based target price for Microsoft's shares is $203 (-32%).\nLet's summarize:\n\nIt is worth noting that I have already been observing similar results in the case of these companies for a long time. I mean, Apple and Microsoft tend to be undervalued in terms of future cash flow, and overvalued in terms of potential dividends.\nThis suggests that during periods of market growth, investors are not particularly inclined to pay attention to dividends. Moreover, most likely dividends are perceived simply as a bonus.\nBut during periods of market correction, the present value of potential dividends is the minimum level below which it is difficult for the price to fall. And in this context, I think Microsoft is in a better position than Apple.\nBottom line\nAt the current stage of the market cycle, when the likelihood of a correction has gone beyond formal, in my opinion, investing in Microsoft is less risky compared to Apple.","news_type":1},"isVote":1,"tweetType":1,"viewCount":545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892705599,"gmtCreate":1628688187211,"gmtModify":1676529821289,"author":{"id":"3581678822604359","authorId":"3581678822604359","name":"seahcs","avatar":"https://static.tigerbbs.com/a954b61c922a30dff8188e454a7e9970","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581678822604359","authorIdStr":"3581678822604359"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a>not bad","listText":"<a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a>not bad","text":"$NVIDIA Corp(NVDA)$not 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