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tiototo
2021-08-17
Morgan Stanley should hire this guy as analyst instead
Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next
tiototo
2021-08-05
Huat!
Robinhood's 126% post-IPO rally puts its founders within reach of a $1.4 billion stock payout
tiototo
2021-07-28
Semicon stocks should have some legs to run further
Where Will Micron Technology Stock Be In 5 Years? What To Evaluate
tiototo
2021-07-28
Why would elon musk want to buy AVTI??
7 Potential Stocks for Elon Musk’s Buy List
tiototo
2021-07-23
Follow the grandmaster. It wont go wrong. Lol
Warren Buffett Has Gained Over $181 Billion on These 5 Stocks
tiototo
2021-07-22
Why they left traces in the chat msg???
Gold Trader’s Chat Bragged About ‘How Easy’ It Is to Manipulate Prices
tiototo
2021-07-08
But it dropped 7% yesterday..
Why Skillz Shares Soared Last Month
tiototo
2021-07-08
I think it will take some time for investors to regain confidence in the china stocks listed in the US
Chinese Firm LinkDoc Said to Halt U.S. IPO After Crackdown
tiototo
2021-06-28
Online betting is the way to go lol
This Casino Company Has A Better 5-Year Return Than Alibaba, Amazon, Disney And Ford
tiototo
2021-06-28
Agree..
The Stock Market Hasn’t Been This Placid in Years
tiototo
2021-06-23
Still relatively stronger compared to altcoins
Bitcoin bounces back after tumbling below US$30,000 threshold
tiototo
2021-06-18
Better safe than sorry. Endure guys!
Singapore slows the pace of reopening as Covid cases haven't declined significantly
tiototo
2021-06-17
Jd.com should have received more love from investors. Dun u all think so
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Go to Tiger App to see more news
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Stanley should hire this guy as analyst instead","listText":"Morgan Stanley should hire this guy as analyst instead","text":"Morgan Stanley should hire this guy as analyst instead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/839481001","repostId":"1162723925","repostType":4,"repost":{"id":"1162723925","pubTimestamp":1629170609,"share":"https://ttm.financial/m/news/1162723925?lang=&edition=fundamental","pubTime":"2021-08-17 11:23","market":"us","language":"en","title":"Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1162723925","media":"seekingalpha","summary":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just ","content":"<p><b>Summary</b></p>\n<ul>\n <li>The Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>The report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.</li>\n <li>The report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72f0a26068ce9a56688977e5a0dd9578\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>borisyankov/E+ via Getty Images</span></p>\n<p>Morgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.</p>\n<p>Morgan Stanley noted that</p>\n<blockquote>\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n</blockquote>\n<p>Micron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/ea0b20556a40eb39c18b7aa1ed295e1c\" tg-width=\"634\" tg-height=\"416\" referrerpolicy=\"no-referrer\"></p>\n<p>Chart 1</p>\n<p>This article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.</p>\n<p><b>Morgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM</b></p>\n<p>The first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “<i>Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"</i></p>\n<p><img src=\"https://static.tigerbbs.com/0b40e66f4b73b27303075791c19fe36f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 2</p>\n<p><b>#2 Increased DRAM content per PC</b></p>\n<p>The 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.</p>\n<p>Chart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.</p>\n<p>Prior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.</p>\n<p><img src=\"https://static.tigerbbs.com/5732cd4948d7209d76ccb4f7628560ab\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 3</p>\n<p>Thus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.</p>\n<p><img src=\"https://static.tigerbbs.com/7c21d24f41f7f77bc00c62ed82b44f62\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 4</p>\n<p><b>#3 Spot ASPs are Different than Contract ASPs</b></p>\n<p>Chart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.</p>\n<p><img src=\"https://static.tigerbbs.com/b5a2774dcaff2d53edd141e0cc1e2d13\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 5</p>\n<p>Why they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.</p>\n<p>Importantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.</p>\n<p><b>#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)</b></p>\n<p>Also note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.</p>\n<p>This bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.</p>\n<p>TrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.</p>\n<p>However, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.</p>\n<blockquote>\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n</blockquote>\n<p>Spot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:</p>\n<blockquote>\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n</blockquote>\n<p>About 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.</p>\n<p>Both these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.</p>\n<p>Back to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).</p>\n<p>Comparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.</p>\n<p><img src=\"https://static.tigerbbs.com/7d56577da5391c86374739262f773c7f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 6</p>\n<p>Chart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.</p>\n<p><img src=\"https://static.tigerbbs.com/be8f41d833e46a0145982559a7e23732\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 7</p>\n<p><b>Investor Takeaway</b></p>\n<p>The recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:</p>\n<ul>\n <li>PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>A drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).</li>\n <li>Failure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.</li>\n <li>DRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.</li>\n</ul>\n<p>Strong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.</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>Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next</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\">\nMicron Technology: Winter May Be Coming, But Not This Year... Nor The Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 11:23 GMT+8 <a href=https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162723925","content_text":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.\nThe report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.\n\nborisyankov/E+ via Getty Images\nMorgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.\nMorgan Stanley noted that\n\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n\nMicron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.\n\nChart 1\nThis article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.\nMorgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM\nThe first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"\nChart 2\n#2 Increased DRAM content per PC\nThe 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.\nChart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.\nPrior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.\n\nChart 3\nThus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.\nChart 4\n#3 Spot ASPs are Different than Contract ASPs\nChart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.\nChart 5\nWhy they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.\nImportantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.\n#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)\nAlso note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.\nThis bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.\nTrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.\nHowever, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.\n\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n\nSpot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:\n\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n\nAbout 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.\nBoth these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.\nBack to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).\nComparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.\n\nChart 6\nChart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.\n\nChart 7\nInvestor Takeaway\nThe recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:\n\nPC DRAM ASPs that represent just 15% of the total DRAM demand.\nA drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).\nFailure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.\nDRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.\n\nStrong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899016355,"gmtCreate":1628141903777,"gmtModify":1703502005897,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Huat!","listText":"Huat!","text":"Huat!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899016355","repostId":"1183934326","repostType":4,"repost":{"id":"1183934326","pubTimestamp":1628140836,"share":"https://ttm.financial/m/news/1183934326?lang=&edition=fundamental","pubTime":"2021-08-05 13:20","market":"us","language":"en","title":"Robinhood's 126% post-IPO rally puts its founders within reach of a $1.4 billion stock payout","url":"https://stock-news.laohu8.com/highlight/detail?id=1183934326","media":"Markets Insider","summary":"Robinhood co-founders Baiju Bhatt (left) and Vlad Tenev.\n\nRobinhood's post IPO rally of as much as 1","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ebea8ef44433d4792daec9801d33fc7\" tg-width=\"790\" tg-height=\"395\" width=\"100%\" height=\"auto\"><span>Robinhood co-founders Baiju Bhatt (left) and Vlad Tenev.</span></p>\n<ul>\n <li><b>Robinhood's post IPO rally of as much as 126% put its founders within reach of a $1.4 billion payout.</b></li>\n <li><b>Co-founders Vlad Tenev and Baiju Bhatt stand to receive 13.8 million shares if Robinhood's stock price closes above $101.50 by 2025.</b></li>\n <li><b>Shares of Robinhood hit an intra-day high of $85 on Wednesday, just 19% below the award price.</b></li>\n</ul>\n<p>A wild post-IPO rally in shares of Robinhood this week put its co-founders within reach of a $1.4 billion stock payout, according to the company's S-1 filing.</p>\n<p>Vlad Tenev and Baiju Bhatt stand to each receive 13.8 million shares if Robinhood's stock price closes above $101.50 by 2025 for an extended period of time. Shares of Robinhood hit an intra-day high of $85 on Wednesday, just 19% below the price needed for Tenev and Bhatt to unlock their stock award.</p>\n<p>The $101.50 price hurdle is based on the average of the daily volume weighted average of Robinhood's stock price for each day over a consecutive 60-day trading period.</p>\n<p>Robinhood stumbled in its IPO debut last week,with shares falling as much as 12%,but the stock has since staged an impressive rebound and recovered all of its losses and then some. The online trading app staged a two-day rally of as much as 126% on Tuesday and Wednesday.</p>\n<p>The 13.8 million restrictive stock units were granted to both founders in 2013, but the award terms were revised in May to extend the deadline of the award to 2025. Under the original plan, Tenev and Bhatt would have only received 20% of the stock award if at the time of IPO shares were priced between $30.45 and $50.75, according to the filing.</p>\n<p>The company priced its IPO at $38 per share, meaning Tenev and Bhatt would have only received 20% of their stock award if the terms weren't revised.</p>\n<p>Tenev and Bhatt also stand to receive millions of more Robinhood shares if their stock price eventually trades up to $300 per share by the end of this decade. The co-founders were granted an additional RSU equity award, 22 million shares for Tenev and 13 million shares of Bhatt, if the stock price hit a number of price hurdles, starting at $120 and moving up in increments of $30 until topping out at $300.</p>\n<p>All in all, if successful, the equity awards for Tenev and Bhatt could be worth up to $10.8 billion and $8.1 billion, respectively, assuming both co-founders don't sell a single share of their accumulated equity awards after the last tranche is granted at the $300 per share level.</p>\n<p>\"The 2021 Market-Based RSUs are designed to incentivize the Co-Founders toward further growing our share price over and above the price hurdles applicable to the 2019 Market-Based RSUs,\" Robinhood said in the filing.</p>\n<p>In April, Robinhood reduced the annual salary of Tenev and Bhatt to $34,248, which is the 2019 median wage of US workers. Both were previously paid a base salary of $400,000.</p>\n<p>Tenev and Bhatt founded Robinhood in 2013. The company has seen its business explode as millions of Americans began investing in the stock market amid the COVID-19 pandemic and government stimulus checks. Epic rallies in dogecoin and meme-stocks like GameStop and AMC Entertainment have also boosted its business in recent months.</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>Robinhood's 126% post-IPO rally puts its founders within reach of a $1.4 billion stock payout</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\">\nRobinhood's 126% post-IPO rally puts its founders within reach of a $1.4 billion stock payout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 13:20 GMT+8 <a href=https://markets.businessinsider.com/news/stocks/robinhood-stock-price-ipo-rally-founders-closer-1-billion-payout-2021-8><strong>Markets Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Robinhood co-founders Baiju Bhatt (left) and Vlad Tenev.\n\nRobinhood's post IPO rally of as much as 126% put its founders within reach of a $1.4 billion payout.\nCo-founders Vlad Tenev and Baiju Bhatt ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/robinhood-stock-price-ipo-rally-founders-closer-1-billion-payout-2021-8\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://markets.businessinsider.com/news/stocks/robinhood-stock-price-ipo-rally-founders-closer-1-billion-payout-2021-8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183934326","content_text":"Robinhood co-founders Baiju Bhatt (left) and Vlad Tenev.\n\nRobinhood's post IPO rally of as much as 126% put its founders within reach of a $1.4 billion payout.\nCo-founders Vlad Tenev and Baiju Bhatt stand to receive 13.8 million shares if Robinhood's stock price closes above $101.50 by 2025.\nShares of Robinhood hit an intra-day high of $85 on Wednesday, just 19% below the award price.\n\nA wild post-IPO rally in shares of Robinhood this week put its co-founders within reach of a $1.4 billion stock payout, according to the company's S-1 filing.\nVlad Tenev and Baiju Bhatt stand to each receive 13.8 million shares if Robinhood's stock price closes above $101.50 by 2025 for an extended period of time. Shares of Robinhood hit an intra-day high of $85 on Wednesday, just 19% below the price needed for Tenev and Bhatt to unlock their stock award.\nThe $101.50 price hurdle is based on the average of the daily volume weighted average of Robinhood's stock price for each day over a consecutive 60-day trading period.\nRobinhood stumbled in its IPO debut last week,with shares falling as much as 12%,but the stock has since staged an impressive rebound and recovered all of its losses and then some. The online trading app staged a two-day rally of as much as 126% on Tuesday and Wednesday.\nThe 13.8 million restrictive stock units were granted to both founders in 2013, but the award terms were revised in May to extend the deadline of the award to 2025. Under the original plan, Tenev and Bhatt would have only received 20% of the stock award if at the time of IPO shares were priced between $30.45 and $50.75, according to the filing.\nThe company priced its IPO at $38 per share, meaning Tenev and Bhatt would have only received 20% of their stock award if the terms weren't revised.\nTenev and Bhatt also stand to receive millions of more Robinhood shares if their stock price eventually trades up to $300 per share by the end of this decade. The co-founders were granted an additional RSU equity award, 22 million shares for Tenev and 13 million shares of Bhatt, if the stock price hit a number of price hurdles, starting at $120 and moving up in increments of $30 until topping out at $300.\nAll in all, if successful, the equity awards for Tenev and Bhatt could be worth up to $10.8 billion and $8.1 billion, respectively, assuming both co-founders don't sell a single share of their accumulated equity awards after the last tranche is granted at the $300 per share level.\n\"The 2021 Market-Based RSUs are designed to incentivize the Co-Founders toward further growing our share price over and above the price hurdles applicable to the 2019 Market-Based RSUs,\" Robinhood said in the filing.\nIn April, Robinhood reduced the annual salary of Tenev and Bhatt to $34,248, which is the 2019 median wage of US workers. Both were previously paid a base salary of $400,000.\nTenev and Bhatt founded Robinhood in 2013. The company has seen its business explode as millions of Americans began investing in the stock market amid the COVID-19 pandemic and government stimulus checks. Epic rallies in dogecoin and meme-stocks like GameStop and AMC Entertainment have also boosted its business in recent months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803757859,"gmtCreate":1627467312371,"gmtModify":1703490518104,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Semicon stocks should have some legs to run further","listText":"Semicon stocks should have some legs to run further","text":"Semicon stocks should have some legs to run further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803757859","repostId":"1100886165","repostType":4,"repost":{"id":"1100886165","pubTimestamp":1627457447,"share":"https://ttm.financial/m/news/1100886165?lang=&edition=fundamental","pubTime":"2021-07-28 15:30","market":"us","language":"en","title":"Where Will Micron Technology Stock Be In 5 Years? What To Evaluate","url":"https://stock-news.laohu8.com/highlight/detail?id=1100886165","media":"seekingalpha","summary":"Summary\n\nI see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expect","content":"<p><b>Summary</b></p>\n<ul>\n <li>I see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expected revenue growth and ROEs in the next two years are in the double-digit range.</li>\n <li>Micron's share price could possibly go up, once the market realizes that the worries about the semiconductor chip shortage are relatively overblown, and the demand-supply situation for DRAM is balanced.</li>\n <li>The supply-demand dynamics of the DRAM industry in the medium term are favorable, which bodes well for MU's growth prospects in the next five years.</li>\n <li>MU stock is a good buy now. The stock's valuations are appealing, and its future prospects look good considering the demand-supply dynamics for the DRAM market.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea6943b055b8a3f717a6e1f6c038c065\" tg-width=\"1536\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p><b>Elevator Pitch</b></p>\n<p>I assign a Bullish rating to Micron Technology, Inc. (MU).</p>\n<p>I see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expected revenue growth and ROEs in the next two years are in the double-digit range. Micron's share price could possibly go up, once the market realizes that the worries about the semiconductor chip shortage are relatively overblown, and that the demand-supply situation for DRAM is balanced. Also, the supply-demand dynamics of the DRAM industry in the medium term are favorable, which bodes well for MU's growth prospects in the next five years. In five years' time, I think that the market will be willingly to assign a higher valuation multiple to Micron Technology, as the company's medium-term financial performance gradually reflects the favorable supply-demand dynamics of the DRAM market over time.</p>\n<p>I think that MU stock is a good buy now, which explains my Bullish rating. The stock's valuations are appealing, and its future prospects look good considering the demand-supply dynamics for the DRAM market.</p>\n<p><b>Company Description</b></p>\n<p>In the company's media releases, Micron Technology calls itself\"an industry leader in innovative memory and storage solutions\" offering a \"portfolio of high-performance DRAM, NAND and NOR memory and storage products.\" At the recent Barclays (BCS) Americas Select Franchise Virtual Conference held on May 19, 2021, MU claims to have the second highest and fourth highest revenue among semiconductor companies in the US and globally, respectively.</p>\n<p>With respect to revenue mix by technology, Micron Technology earned 68% of the company's FY 2020 revenue from DRAM, while NAND and other technologies accounted for 29% and 3% of MU's sales last year, respectively. For the purpose of this article, I will be primarily focusing on Micron Technology's DRAM business, and this is justified by the fact that DRAM contributed the majority of the company's sales.</p>\n<p><b>Is Micron Stock Overvalued?</b></p>\n<p>Micron stock last traded at a share price of $75.94 at the close of July 23, 2021. This translates to consensus forward FY 2021 and FY 2022 normalized P/E multiples of 12.7 times and 6.5 times, respectively. MU also trades at a trailing P/B multiple of 2.0 times.</p>\n<p>According to market consensus financial data obtained from S&P Capital IQ, Micron Technology's revenue is forecasted to grow by +29% and +34% in FY 2021 and FY 2022, respectively. Sell-side analysts also see MU delivering ROEs of 15% and 27% for the current fiscal year and the next fiscal year, respectively.</p>\n<p>On an absolute basis, Micron Technology's forward P/E valuations are undemanding, especially since the stock's FY 2022 P/E is only in the single-digit range. Also, its forward P/E multiples are the lower end of the peer group, despite boasting relatively higher forward ROEs and faster forecasted revenue growth rates as compared to the majority of its peers.</p>\n<p><b>Peer Valuation Comparison For Micron Technology</b></p>\n<table>\n <tbody>\n <tr>\n <td><b>Stock</b></td>\n <td><b>Consensus Current Fiscal Year Normalized P/E Multiple</b></td>\n <td><p><b>Consensus Forward One Fiscal Year Normalized P/EMultiple</b></p></td>\n <td><b>Trailing P/B Multiple</b></td>\n <td><b>Consensus Current Fiscal Year Revenue Growth Metric</b></td>\n <td><b>Consensus Forward One Fiscal Year Revenue Growth Metric</b></td>\n <td><b>Consensus Current Fiscal Year ROE Metric</b></td>\n <td><b>Consensus Forward One Fiscal Year ROE Metric</b></td>\n </tr>\n <tr>\n <td>Western Digital Corporation (WDC)</td>\n <td>16.5</td>\n <td>7.2</td>\n <td>1.96</td>\n <td>-1%</td>\n <td>+22%</td>\n <td>12%</td>\n <td>27%</td>\n </tr>\n <tr>\n <td>SK Hynix Inc.[000660:KS]</td>\n <td>8.6</td>\n <td>5.8</td>\n <td>1.55</td>\n <td>+31%</td>\n <td>+28%</td>\n <td>17%</td>\n <td>22%</td>\n </tr>\n <tr>\n <td>Samsung Electronics Co., Ltd. (OTC:SSNLF) (OTC:SSNNF) [005930:KS]</td>\n <td>13.6</td>\n <td>10.9</td>\n <td>1.96</td>\n <td>+14%</td>\n <td>+11%</td>\n <td>14%</td>\n <td>15%</td>\n </tr>\n </tbody>\n</table>\n<p>Source: S&P Capital IQ</p>\n<p>In the subsequent section of my article, I try to understand why Micron Technology trades at only a single-digit consensus forward FY 2022 P/E, and assess potential valuation re-rating factors.</p>\n<p><b>Can Micron Stock Go Up?</b></p>\n<p>Micron Technology's stock price performance in the first seven months of the current year has been lackluster. Year-to-date in 2021, MU's share price only rose by +1%. Micron Technology started off the year well, with its shares increasing by +29% from $74.05 as of January 4, 2021 to a year-to-date high of $95.59 as of April 12, 2021. But MU's stock price subsequently corrected by -21% in the next three months to close at $75.94 on July 23, 2021. Also, as highlighted in the preceding section, Micron Technology's valuations are pretty attractive.</p>\n<p>I believe that Micron Technology's share price weakness in the past three months is largely attributable to concerns regarding the semiconductor chip shortage and its impact on MU. However, I think Micron's stock price could recover and go up in the near-term, when the market realizes that these concerns are overdone.</p>\n<p>In a recent <i>EETimes</i>(electronics industry publication) article published on July 15, 2021, the CEO of<i>VLSI Research</i>(market research firm focused on the semiconductor space), Dan Hutcheson, was interviewed as saying that \"beyond the automotive sector, chip shortages are pretty much over\", and he noted that DRAM and NAND are areas which are \"either tight or still in balance\" now. In other words, it might be incorrect to view semiconductor chip shortage as a factor that affects all of the sub-segments of the semiconductor industry and every company equally.</p>\n<p>Furthermore, Micron Technology takes the view that the current semiconductor shortage will not have a significant impact on the medium term demand for its products, and the company sees a similar industry shortage issue being avoidable in the future. At the company's 3Q FY 2021 earnings call on June 30, 2021, Micron Technology stressed that \"as that semiconductor shortage gets alleviated over time, that actually is going to create more demand for memory and storage because every end application today\" needs \"memory and storage.\" MU also added at the recent quarterly results briefing that the current semiconductor chip shortage \"drives a different mindset on how to avoid this kind of situation in the future\", as more companies move from a \"just-in-time\" to a \"just-in-case\" inventory management policy.</p>\n<p>Micron Technology is expected to report its 4Q and full-year FY 2021 financial results in late- or end-September 2021. A better-than-expected financial performance or a more favorable demand-supply outlook for the industry as per management guidance & comments could possibly be positive re-rating catalysts for the stock.</p>\n<p>It is far more important to look beyond Micron Technology's near-term share price performance and the semiconductor chip shortage situation now, and focus on MU's prospects in the medium to long term which I tend to discuss about in the next section.</p>\n<p><b>Where Will Micron Technology Stock Be In 5 Years?</b></p>\n<p>Answering the question of \"where will Micron Technology stock be in 5 years\" is essentially making an assessment of the supply-demand dynamics of the DRAM industry in the medium term.</p>\n<p>The DRAM industry is now really an oligopoly comprising just three major players. According to a May 23, 2021 <i>Nikkei Asia</i> article, Samsung Electronics, Micron Technology, and SK Hynix boast market shares of 41.7%, 29.4% and 23.5%, respectively in the global DRAM market. In other words, the other smaller players in aggregate only account for around 5% of the market.</p>\n<p>In comparison, there were approximately10major players competing for market share in the DRAM market in the early 2000s. The DRAM market has consolidated significantly in the last decade, with Micron Technology's other competitors either being acquired or going out of business. An oligopolistic industry structure for the DRAM market supports the case for supply-side discipline. Notably, technology consulting firm <i>Yole</i> forecasts that \"DRAM and NAND revenues are expected to grow with (CAGRs of) 15% and 8% respectively\" between FY 2020 and FY 2026. Specifically, Yole highlights that the DRAM market growth will be driven by \"a combination of capex (capital expenditures) cuts from suppliers in recent years and flourishing demand.\"</p>\n<p>Micron Technology also emphasized at its recent quarterly results briefing in end-June 2021 that \"capex in the industry has been on the DRAM side, extremely disciplined\", and it disclosed that the company's \"days of inventory are at 98, extremely low as well.\"</p>\n<p>With regards to future demand for the DRAM industry, it is expected that memory content will be growing rapidly in the next five years across the various verticals as per the chart below.</p>\n<p><b>The Estimated Increase In Memory Content For Various End-Markets Between 2020 And 2026</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba136c129985f65e03f1a183d238ed9c\" tg-width=\"640\" tg-height=\"293\" width=\"100%\" height=\"auto\"><span>Source: Yole's Market and Technology Report 2021</span></p>\n<p>The mobile end-market is the most significant source of revenue for Micron Technology, accounting for approximately a quarter of its top line in FY 2020, respectively. The client & graphics, enterprise & cloud server and SSDs & other storage end-markets each contributed a fifth of MU's FY 2020 revenue, respectively. Micron Technology generated the remaining 15% of its FY 2020 sales from the automotive, industrial, and consumer end-market.</p>\n<p>Looking forward, Micron Technology is guiding for a decent \"long-term DRAM bit demand growth CAGR of mid-to-high teens\", and it has also committed to maintaining \"long-term bit supply growth CAGR with the industry bit demand growth CAGR\".</p>\n<p>On top of favorable demand-supply dynamics in the DRAM market, it is noteworthy that Micron Technology has also been gaining market share from its major rival. In the same <i>Nikkei Asia</i> article referenced to above, it was also noted that Micron Technology's market share of the global DRAM industry expanded by +3 percentage points in the past three years, which was attributed to Samsung Electronics diverting more attention & resources to other businesses like smartphones & foundries, and the increase in MU's number of DRAM engineers following the acquisition of Japan's Elpida Memory.</p>\n<p>In summary, I see Micron Technology benefiting from a significant positive valuation re-rating (P/E multiple expansion) in five years' time, as the market eventually appreciates the favorable supply-demand dynamics of the DRAM market and views MU as a key beneficiary.</p>\n<p><b>Is MU Stock A Good Buy Now?</b></p>\n<p>In my opinion, MU stock is a good buy now.</p>\n<p>Micron Technology's share price has corrected significantly in the past few months, given the market's concerns about the current semiconductor chip shortage. In my opinion, this is a buying opportunity for investors with a long term horizon. MU's valuations are reasonably attractive on both an absolute and relative basis, and I view the DRAM industry's supply-demand dynamics as favorable in the medium term.</p>\n<p>MU's key risks are a lower-than-expected rate of increase in memory content for key end-markets, and the failure of the major players in the DRAM industry to maintain supply-side discipline.</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>Where Will Micron Technology Stock Be In 5 Years? What To Evaluate</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\">\nWhere Will Micron Technology Stock Be In 5 Years? What To Evaluate\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:30 GMT+8 <a href=https://seekingalpha.com/article/4441532-micron-technology-stock-5-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expected revenue growth and ROEs in the next two years are in the double-digit range.\nMicron's share price...</p>\n\n<a href=\"https://seekingalpha.com/article/4441532-micron-technology-stock-5-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4441532-micron-technology-stock-5-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100886165","content_text":"Summary\n\nI see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expected revenue growth and ROEs in the next two years are in the double-digit range.\nMicron's share price could possibly go up, once the market realizes that the worries about the semiconductor chip shortage are relatively overblown, and the demand-supply situation for DRAM is balanced.\nThe supply-demand dynamics of the DRAM industry in the medium term are favorable, which bodes well for MU's growth prospects in the next five years.\nMU stock is a good buy now. The stock's valuations are appealing, and its future prospects look good considering the demand-supply dynamics for the DRAM market.\n\nSundry Photography/iStock Editorial via Getty Images\nElevator Pitch\nI assign a Bullish rating to Micron Technology, Inc. (MU).\nI see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expected revenue growth and ROEs in the next two years are in the double-digit range. Micron's share price could possibly go up, once the market realizes that the worries about the semiconductor chip shortage are relatively overblown, and that the demand-supply situation for DRAM is balanced. Also, the supply-demand dynamics of the DRAM industry in the medium term are favorable, which bodes well for MU's growth prospects in the next five years. In five years' time, I think that the market will be willingly to assign a higher valuation multiple to Micron Technology, as the company's medium-term financial performance gradually reflects the favorable supply-demand dynamics of the DRAM market over time.\nI think that MU stock is a good buy now, which explains my Bullish rating. The stock's valuations are appealing, and its future prospects look good considering the demand-supply dynamics for the DRAM market.\nCompany Description\nIn the company's media releases, Micron Technology calls itself\"an industry leader in innovative memory and storage solutions\" offering a \"portfolio of high-performance DRAM, NAND and NOR memory and storage products.\" At the recent Barclays (BCS) Americas Select Franchise Virtual Conference held on May 19, 2021, MU claims to have the second highest and fourth highest revenue among semiconductor companies in the US and globally, respectively.\nWith respect to revenue mix by technology, Micron Technology earned 68% of the company's FY 2020 revenue from DRAM, while NAND and other technologies accounted for 29% and 3% of MU's sales last year, respectively. For the purpose of this article, I will be primarily focusing on Micron Technology's DRAM business, and this is justified by the fact that DRAM contributed the majority of the company's sales.\nIs Micron Stock Overvalued?\nMicron stock last traded at a share price of $75.94 at the close of July 23, 2021. This translates to consensus forward FY 2021 and FY 2022 normalized P/E multiples of 12.7 times and 6.5 times, respectively. MU also trades at a trailing P/B multiple of 2.0 times.\nAccording to market consensus financial data obtained from S&P Capital IQ, Micron Technology's revenue is forecasted to grow by +29% and +34% in FY 2021 and FY 2022, respectively. Sell-side analysts also see MU delivering ROEs of 15% and 27% for the current fiscal year and the next fiscal year, respectively.\nOn an absolute basis, Micron Technology's forward P/E valuations are undemanding, especially since the stock's FY 2022 P/E is only in the single-digit range. Also, its forward P/E multiples are the lower end of the peer group, despite boasting relatively higher forward ROEs and faster forecasted revenue growth rates as compared to the majority of its peers.\nPeer Valuation Comparison For Micron Technology\n\n\n\nStock\nConsensus Current Fiscal Year Normalized P/E Multiple\nConsensus Forward One Fiscal Year Normalized P/EMultiple\nTrailing P/B Multiple\nConsensus Current Fiscal Year Revenue Growth Metric\nConsensus Forward One Fiscal Year Revenue Growth Metric\nConsensus Current Fiscal Year ROE Metric\nConsensus Forward One Fiscal Year ROE Metric\n\n\nWestern Digital Corporation (WDC)\n16.5\n7.2\n1.96\n-1%\n+22%\n12%\n27%\n\n\nSK Hynix Inc.[000660:KS]\n8.6\n5.8\n1.55\n+31%\n+28%\n17%\n22%\n\n\nSamsung Electronics Co., Ltd. (OTC:SSNLF) (OTC:SSNNF) [005930:KS]\n13.6\n10.9\n1.96\n+14%\n+11%\n14%\n15%\n\n\n\nSource: S&P Capital IQ\nIn the subsequent section of my article, I try to understand why Micron Technology trades at only a single-digit consensus forward FY 2022 P/E, and assess potential valuation re-rating factors.\nCan Micron Stock Go Up?\nMicron Technology's stock price performance in the first seven months of the current year has been lackluster. Year-to-date in 2021, MU's share price only rose by +1%. Micron Technology started off the year well, with its shares increasing by +29% from $74.05 as of January 4, 2021 to a year-to-date high of $95.59 as of April 12, 2021. But MU's stock price subsequently corrected by -21% in the next three months to close at $75.94 on July 23, 2021. Also, as highlighted in the preceding section, Micron Technology's valuations are pretty attractive.\nI believe that Micron Technology's share price weakness in the past three months is largely attributable to concerns regarding the semiconductor chip shortage and its impact on MU. However, I think Micron's stock price could recover and go up in the near-term, when the market realizes that these concerns are overdone.\nIn a recent EETimes(electronics industry publication) article published on July 15, 2021, the CEO ofVLSI Research(market research firm focused on the semiconductor space), Dan Hutcheson, was interviewed as saying that \"beyond the automotive sector, chip shortages are pretty much over\", and he noted that DRAM and NAND are areas which are \"either tight or still in balance\" now. In other words, it might be incorrect to view semiconductor chip shortage as a factor that affects all of the sub-segments of the semiconductor industry and every company equally.\nFurthermore, Micron Technology takes the view that the current semiconductor shortage will not have a significant impact on the medium term demand for its products, and the company sees a similar industry shortage issue being avoidable in the future. At the company's 3Q FY 2021 earnings call on June 30, 2021, Micron Technology stressed that \"as that semiconductor shortage gets alleviated over time, that actually is going to create more demand for memory and storage because every end application today\" needs \"memory and storage.\" MU also added at the recent quarterly results briefing that the current semiconductor chip shortage \"drives a different mindset on how to avoid this kind of situation in the future\", as more companies move from a \"just-in-time\" to a \"just-in-case\" inventory management policy.\nMicron Technology is expected to report its 4Q and full-year FY 2021 financial results in late- or end-September 2021. A better-than-expected financial performance or a more favorable demand-supply outlook for the industry as per management guidance & comments could possibly be positive re-rating catalysts for the stock.\nIt is far more important to look beyond Micron Technology's near-term share price performance and the semiconductor chip shortage situation now, and focus on MU's prospects in the medium to long term which I tend to discuss about in the next section.\nWhere Will Micron Technology Stock Be In 5 Years?\nAnswering the question of \"where will Micron Technology stock be in 5 years\" is essentially making an assessment of the supply-demand dynamics of the DRAM industry in the medium term.\nThe DRAM industry is now really an oligopoly comprising just three major players. According to a May 23, 2021 Nikkei Asia article, Samsung Electronics, Micron Technology, and SK Hynix boast market shares of 41.7%, 29.4% and 23.5%, respectively in the global DRAM market. In other words, the other smaller players in aggregate only account for around 5% of the market.\nIn comparison, there were approximately10major players competing for market share in the DRAM market in the early 2000s. The DRAM market has consolidated significantly in the last decade, with Micron Technology's other competitors either being acquired or going out of business. An oligopolistic industry structure for the DRAM market supports the case for supply-side discipline. Notably, technology consulting firm Yole forecasts that \"DRAM and NAND revenues are expected to grow with (CAGRs of) 15% and 8% respectively\" between FY 2020 and FY 2026. Specifically, Yole highlights that the DRAM market growth will be driven by \"a combination of capex (capital expenditures) cuts from suppliers in recent years and flourishing demand.\"\nMicron Technology also emphasized at its recent quarterly results briefing in end-June 2021 that \"capex in the industry has been on the DRAM side, extremely disciplined\", and it disclosed that the company's \"days of inventory are at 98, extremely low as well.\"\nWith regards to future demand for the DRAM industry, it is expected that memory content will be growing rapidly in the next five years across the various verticals as per the chart below.\nThe Estimated Increase In Memory Content For Various End-Markets Between 2020 And 2026\nSource: Yole's Market and Technology Report 2021\nThe mobile end-market is the most significant source of revenue for Micron Technology, accounting for approximately a quarter of its top line in FY 2020, respectively. The client & graphics, enterprise & cloud server and SSDs & other storage end-markets each contributed a fifth of MU's FY 2020 revenue, respectively. Micron Technology generated the remaining 15% of its FY 2020 sales from the automotive, industrial, and consumer end-market.\nLooking forward, Micron Technology is guiding for a decent \"long-term DRAM bit demand growth CAGR of mid-to-high teens\", and it has also committed to maintaining \"long-term bit supply growth CAGR with the industry bit demand growth CAGR\".\nOn top of favorable demand-supply dynamics in the DRAM market, it is noteworthy that Micron Technology has also been gaining market share from its major rival. In the same Nikkei Asia article referenced to above, it was also noted that Micron Technology's market share of the global DRAM industry expanded by +3 percentage points in the past three years, which was attributed to Samsung Electronics diverting more attention & resources to other businesses like smartphones & foundries, and the increase in MU's number of DRAM engineers following the acquisition of Japan's Elpida Memory.\nIn summary, I see Micron Technology benefiting from a significant positive valuation re-rating (P/E multiple expansion) in five years' time, as the market eventually appreciates the favorable supply-demand dynamics of the DRAM market and views MU as a key beneficiary.\nIs MU Stock A Good Buy Now?\nIn my opinion, MU stock is a good buy now.\nMicron Technology's share price has corrected significantly in the past few months, given the market's concerns about the current semiconductor chip shortage. In my opinion, this is a buying opportunity for investors with a long term horizon. MU's valuations are reasonably attractive on both an absolute and relative basis, and I view the DRAM industry's supply-demand dynamics as favorable in the medium term.\nMU's key risks are a lower-than-expected rate of increase in memory content for key end-markets, and the failure of the major players in the DRAM industry to maintain supply-side discipline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803752423,"gmtCreate":1627467057262,"gmtModify":1703490512564,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Why would elon musk want to buy AVTI??","listText":"Why would elon musk want to buy AVTI??","text":"Why would elon musk want to buy AVTI??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/803752423","repostId":"1181811581","repostType":2,"repost":{"id":"1181811581","pubTimestamp":1627466409,"share":"https://ttm.financial/m/news/1181811581?lang=&edition=fundamental","pubTime":"2021-07-28 18:00","market":"us","language":"en","title":"7 Potential Stocks for Elon Musk’s Buy List","url":"https://stock-news.laohu8.com/highlight/detail?id=1181811581","media":"InvestorPlace","summary":"These candidates to be Elon Musk's stocks appeal to a wide range of long-term investors. Elon Musk, founder of Tesla, has an overwhelming power on social media, giving momentum to assets and dictating the narrative in the market with a single tweet. With about 58 million devoted followers, he can trigger significant moves in specific stocks or cryptocurrencies. Let’s call them Elon Musk’s stocks.When Musk makes his comments, it’s often difficult to see whether he is just stirring controversy or ","content":"<p>These candidates to be Elon Musk's stocks appeal to a wide range of long-term investors</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/568523b37d06e5128f13ea9b9b4fdcaa\" tg-width=\"1024\" tg-height=\"576\" width=\"100%\" height=\"auto\"><span>Source: Pe3k / Shutterstock.com</span></p>\n<p>Elon Musk, founder of <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>), has an overwhelming power on social media, giving momentum to assets and dictating the narrative in the market with a single tweet. With about 58 million devoted followers, he can trigger significant moves in specific stocks or cryptocurrencies. Let’s call them Elon Musk’s stocks.</p>\n<p>When Musk makes his comments, it’s often difficult to see whether he is just stirring controversy or actually promoting certain investments.</p>\n<p>Regardless of his intentions, some stocks and cryptos have been affected by his words. We can expect others to either benefit or suffer from Musk’s influential words and actions in the future as well. Therefore, today I’ll discuss Elon Musk’s stocks and cryptos that could be among his favorites.</p>\n<p>These could appeal to a wide range of long-term investors. With that information, here are seven assets that could be candidates for Musk’s buy list:</p>\n<ul>\n <li><b>Activision Blizzard</b>(NASDAQ:<b>ATVI</b>)</li>\n <li><b>Chia Network</b>(CCC:<b>XCH-USD</b>)</li>\n <li><b>Dogecoin</b>(CCC:<b>DOGE-USD</b>)</li>\n <li><b>Etsy</b>(NASDAQ:<b>ETSY</b>)</li>\n <li><b>Procure Space ETF</b>(NASDAQ:<b>UFO</b>)</li>\n <li><b>Twitter</b> (NYSE:<b>TWTR</b>)</li>\n <li><b>Virgin Galactic</b>(NYSE:<b>SPCE</b>)</li>\n</ul>\n<p><b>Activision Blizzard (ATVI)</b></p>\n<p>Santa Monica, California-based Activision Blizzard is a well-known developer and publisher of interactive entertainment content and services. It develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC), and mobile devices.</p>\n<p>Popular video games of the company include<i>Call of Duty</i>,<i>World of Warcraft</i> and<i>Candy Crush</i>. Musk is known to enjoy playing video games. As a result, ATVI leads the list of candidates to be Elon Musk’s stocks.</p>\n<p>Activision released Q1 financials in early May. Total net revenue grew by 27% year-over-year (YOY) to $2.28 billion. Net income stood at $619 million, increasing 23% YOY. Non-GAAP EPS came in at 98 cents, up 29%. Cash and equivalents ended the quarter at $9.28 billion. Non-GAAP free cash flow soared 537% to $822 million.</p>\n<p>On the results, CEO Bobby Kotick said, “That relentless drive across our franchises produced strong first-quarter results that were well ahead of expectations. Our continued overperformance enables us to raise our outlook for the full year.”</p>\n<p>The company is targeting nearly $9 billion of annual sales this year, compared to $6.5 billion in 2019. Its video games continue to generate significant cash flow, as the company shifts to annual subscription services. Activision boasts profitable earnings and a strong balance sheet.</p>\n<p>ATVI stock price has failed to keep up with the market rally this year. It trades around $90, down 2% YTD. The shares are currently trading at a modest 25.38x forward earnings and 8.30x sales, creating a compelling opportunity to buy ATVI stock.</p>\n<p><b>Chia Network (XCH)</b></p>\n<p>TheChia Network was developed in 2017 by Bram Cohen, founder of <b>BitTorrent</b> (CCC:<b><u>BTT-USD</u></b>). He was concerned with the massive energy use involved in crypto mining. XCH-USD, its native currency, was launched in early May as a less energy-intensive altcoin than many of its peers.</p>\n<p>The mining process doesn’t require high-powered graphics processing units (GPUs). Instead, users can “farm” the coin through the unused storage of their laptops or desktops in exchange for XCH-USD rewards. Thus, Chia makes it easy for ordinary users to participate in the mining process without considerable investment. The farming process utilizes the “proof of space and time” protocol.</p>\n<p>The cryptocurrency uses almost 10,000 times less energy than required to mine Bitcoin.<b>Amazon’s</b> (NASDAQ:<b>AMZN</b>) Web Services has created a significant tailwind for Chia after allowing it to be mined on its cloud platform.</p>\n<p>Chia Network aspires to become a well-established trading and payment system used by banks, governments and other institutions.</p>\n<p>Launched right before the recent market sell-off in cryptos, the short trading history of XCH-USD has seen plenty of volatility. In the past month, the altcoin lost over 28% of its value. Musk has been vocal about environmental aspects of tokens and crypto-mining. Therefore, Chia could easily be on his radar.</p>\n<p><b>Dogecoin (DOGE)</b></p>\n<p>Dogecoinwas developed in late 2013 as a playful joke for cryptocurrency fans. The token takes its name from a once-popular meme. Despite its an unusual story,DOGE-USD exploded in popularity this year.</p>\n<p>Its market cap makes it the eighth-largest cryptocurrency. DOGE-USD has seen extremely volatile trading, thanks to its meme crypto status among users on <b>Reddit</b> and <b>TikTok</b>. Celebrities, such as Musk, affect these wild price swings as well. Musk’s tweets have helped to trigger a rally in DOGE-USD earlier in the year after he named Dogecoin the “people’s crypto.” He also announced that he’d plant a physical Dogecoin token on the moon.</p>\n<p>Unlike Bitcoin, Dogecoin is not designed as an optimal store of value, as there is no cap on the quantity of Dogecoins created by mining. As it is highly inflationary by design, crypto analysts see little incentive to hold DOGE-USD long term aside from its meme crypto value among retail investors.</p>\n<p>The altcoin uses the Scrypt algorithm that represents an energy-efficient approach to mining. It uses only 0.12 kilowatts of energy per hour (kWh) per transaction, lower than most of its peers.</p>\n<p>The social media hype boosted DOGE-USD almost by 4,000% YTD. It currently trades at about a quarter of its all-time high in May.</p>\n<p><b>Etsy (ETSY)</b></p>\n<p>New York-based Etsy retails handmade goods, vintage items, and crafted goods. Etsy found itself in the spotlight earlier this year when Musk instantaneously pushed the shares up 8% after tweeting“I kinda love Etsy.”He was referring to a hat he bought for his dog.</p>\n<p>Etsy reported first-quarter results in early May. Total revenue came at $550.6 million, up 142% YOY. The company reported a 132% increase in consolidated gross merchandise sales (GMS). Net income stood at $143.8 million, representing a breathtaking surge of more than 11-fold YOY. Diluted EPS was $1. Cash and equivalents ended the first quarter at $1.7 billion.</p>\n<p>During the first-quarter earnings call, management remarked that it was “laser-focused on driving frequency” and determining “buyer triggers.” CEO Josh Silverman said, “Last year, the world took notice of Etsy’s highly differentiated value proposition, and that incredible momentum has continued into the first quarter of 2021.”</p>\n<p>The company has captured a lucrative niche in e-commerce. Etsy recently announced its $1.63 billion acquisition of luxury apparel resale site <b>Depop</b>, the British secondhand fashion resale app, to benefit from the growing trend of young people who resell their clothes online. Depop is particularly popular among Gen Z, which should further improve Etsy’s prospects in the coming years. Additionally, the company announced its entry into Latin America with the acquisition of <b>Elo7</b>.</p>\n<p>ETSY stock is hovering around $200, up 12% YTD. In the past 12 months, ETSY shares gained more than 90%. The stock trades at a multiple of 69.44x forward earnings and 13.56x sales. Interested readers could consider buying the dips.</p>\n<p><b>Procure Space ETF (UFO)</b></p>\n<p>Unless you’ve been living on Mars, you’re likely to have seen the headlines on the “Billionaire space race.” In early July, Richard Branson soared on the space plane<i>VSS Unity</i>. Then on July 20, it was Amazon’s founder Jeff Bezos’s turn to leave Earth. His space company launched him, his brother and two others into space.</p>\n<p>And Musk is the third name on our list of space voyagers. His company,<b>SpaceX</b>, has big ambitions, which he hopes could mean living on Mars. Therefore, space is a theme Musk is likely to invest in.</p>\n<p>The Procure Space ETF buys shares of businesses involved in space-related industries. The fund began trading in April 2019. UFO currently has 35 holdings. About 75% of the companies are from the U.S. The rest come from France (5.58%), Canada (5.12%), Luxembourg (4.34%), Japan (3.96%) and several other countries.</p>\n<p>The communication services sector comprises the most significant slice at 44.31%. This is followed by industrials and information technology, with 32.68% and 15.03% respectively. The fund’s top 10 holdings account for almost half of total net assets of $132.3 million.</p>\n<p>The leading names in the fund include <b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>), mobile satellite service group<b> Globalstar</b> (NYSE:<b>GSAT</b>),<b>Maxar Technologies</b> (NYSE:<b>MAXR</b>), and communications services company <b>DISH Network</b>(NASDAQ:<b>DISH</b>).</p>\n<p>UFO has gained 43% in the past 12 months and returned almost 18% so far this year.</p>\n<p><b>Twitter (TWTR)</b></p>\n<p>Micro-blogging platform Twitter is where Musk communicates with millions who follow him. Twitter generates 90% of its revenue from advertising.</p>\n<p>The company released second-quarter results on July 22. Q2 revenue totaled $1.19 billion, an increase of 74% YOY. Adjusted net income came at $66 million, compared to an adjusted net loss of $277 million in the prior-year quarter. The company’s adjusted diluted net income per share stood at 8 cents, compared to adjusted diluted net loss per share of 35 cents in the prior-year quarter. And, adjusted free cash flow soared 171% YOY to $106 million.</p>\n<p>“Our increased shipping cadence contributed to reaching 206 million average monetizable DAU (mDAU) in Q2, up 11% year-over-year and 3% quarter-over-quarter,” CEO Jack Dorsey said. “There’s a tremendous opportunity to get the whole world to use Twitter.”</p>\n<p>Twitter’s Q2 results have beaten analysts’ estimates of 50% top-line growth. About 11% YOY growth in mDAU fell within market expectations, in spite of representing a minor deceleration in the critical metric.</p>\n<p>TWTR stock currently trades slightly above $73, up over 30% YTD. Forward P/E and P/S ratios are 82.97 and 14.69, respectively. Given the positive momentum, TWTR stock could easily appreciate further in the near term.</p>\n<p><b>Virgin Galactic (SPCE)</b></p>\n<p>Las Cruces, New Mexico-based Virgin Galactic is a pioneering aerospace company. The company made the news in the recent weeks as it launched its founder Branson into space. In June, the U.S. Federal Aviation Administration (FAA) awarded the company its “full commercial launch license” to start space tourism flights.</p>\n<p>Virgin Galactic released first-quarter results in May. The company reported a net loss of $130 million, compared to a $377 million net loss in the prior-year period. Net loss per diluted share stood at 55 cents. Cash and equivalents ended the quarter at $617 million.</p>\n<p>“We are committed to delivering one of the world’s most unique and transformational customer experiences, with safety at the core of everything we do,” CEO Michael Colglazier said.</p>\n<p>Virgin Galactic plans to start sending tourists to space in 2022. The company has sold 600 space tickets.</p>\n<p>However, analysts indicate that it could take a long time before investors see the company turn profits. Hence, the company recently announced plans to raise $500 million in new cash from a stock sale.</p>\n<p>SPCE stock surged to its 52-week high of $62.80 in February before plunging to $15 in mid-May. It currently trades around $30, up about 30% YTD.</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>7 Potential Stocks for Elon Musk’s Buy List</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Potential Stocks for Elon Musk’s Buy List\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 18:00 GMT+8 <a href=https://investorplace.com/2021/07/7-potential-stocks-for-elon-musks-buy-list/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These candidates to be Elon Musk's stocks appeal to a wide range of long-term investors\nSource: Pe3k / Shutterstock.com\nElon Musk, founder of Tesla(NASDAQ:TSLA), has an overwhelming power on social ...</p>\n\n<a href=\"https://investorplace.com/2021/07/7-potential-stocks-for-elon-musks-buy-list/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪","UFO":"Procure Space ETF","TWTR":"Twitter","SPCE":"维珍银河","ETSY":"Etsy, Inc."},"source_url":"https://investorplace.com/2021/07/7-potential-stocks-for-elon-musks-buy-list/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181811581","content_text":"These candidates to be Elon Musk's stocks appeal to a wide range of long-term investors\nSource: Pe3k / Shutterstock.com\nElon Musk, founder of Tesla(NASDAQ:TSLA), has an overwhelming power on social media, giving momentum to assets and dictating the narrative in the market with a single tweet. With about 58 million devoted followers, he can trigger significant moves in specific stocks or cryptocurrencies. Let’s call them Elon Musk’s stocks.\nWhen Musk makes his comments, it’s often difficult to see whether he is just stirring controversy or actually promoting certain investments.\nRegardless of his intentions, some stocks and cryptos have been affected by his words. We can expect others to either benefit or suffer from Musk’s influential words and actions in the future as well. Therefore, today I’ll discuss Elon Musk’s stocks and cryptos that could be among his favorites.\nThese could appeal to a wide range of long-term investors. With that information, here are seven assets that could be candidates for Musk’s buy list:\n\nActivision Blizzard(NASDAQ:ATVI)\nChia Network(CCC:XCH-USD)\nDogecoin(CCC:DOGE-USD)\nEtsy(NASDAQ:ETSY)\nProcure Space ETF(NASDAQ:UFO)\nTwitter (NYSE:TWTR)\nVirgin Galactic(NYSE:SPCE)\n\nActivision Blizzard (ATVI)\nSanta Monica, California-based Activision Blizzard is a well-known developer and publisher of interactive entertainment content and services. It develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC), and mobile devices.\nPopular video games of the company includeCall of Duty,World of Warcraft andCandy Crush. Musk is known to enjoy playing video games. As a result, ATVI leads the list of candidates to be Elon Musk’s stocks.\nActivision released Q1 financials in early May. Total net revenue grew by 27% year-over-year (YOY) to $2.28 billion. Net income stood at $619 million, increasing 23% YOY. Non-GAAP EPS came in at 98 cents, up 29%. Cash and equivalents ended the quarter at $9.28 billion. Non-GAAP free cash flow soared 537% to $822 million.\nOn the results, CEO Bobby Kotick said, “That relentless drive across our franchises produced strong first-quarter results that were well ahead of expectations. Our continued overperformance enables us to raise our outlook for the full year.”\nThe company is targeting nearly $9 billion of annual sales this year, compared to $6.5 billion in 2019. Its video games continue to generate significant cash flow, as the company shifts to annual subscription services. Activision boasts profitable earnings and a strong balance sheet.\nATVI stock price has failed to keep up with the market rally this year. It trades around $90, down 2% YTD. The shares are currently trading at a modest 25.38x forward earnings and 8.30x sales, creating a compelling opportunity to buy ATVI stock.\nChia Network (XCH)\nTheChia Network was developed in 2017 by Bram Cohen, founder of BitTorrent (CCC:BTT-USD). He was concerned with the massive energy use involved in crypto mining. XCH-USD, its native currency, was launched in early May as a less energy-intensive altcoin than many of its peers.\nThe mining process doesn’t require high-powered graphics processing units (GPUs). Instead, users can “farm” the coin through the unused storage of their laptops or desktops in exchange for XCH-USD rewards. Thus, Chia makes it easy for ordinary users to participate in the mining process without considerable investment. The farming process utilizes the “proof of space and time” protocol.\nThe cryptocurrency uses almost 10,000 times less energy than required to mine Bitcoin.Amazon’s (NASDAQ:AMZN) Web Services has created a significant tailwind for Chia after allowing it to be mined on its cloud platform.\nChia Network aspires to become a well-established trading and payment system used by banks, governments and other institutions.\nLaunched right before the recent market sell-off in cryptos, the short trading history of XCH-USD has seen plenty of volatility. In the past month, the altcoin lost over 28% of its value. Musk has been vocal about environmental aspects of tokens and crypto-mining. Therefore, Chia could easily be on his radar.\nDogecoin (DOGE)\nDogecoinwas developed in late 2013 as a playful joke for cryptocurrency fans. The token takes its name from a once-popular meme. Despite its an unusual story,DOGE-USD exploded in popularity this year.\nIts market cap makes it the eighth-largest cryptocurrency. DOGE-USD has seen extremely volatile trading, thanks to its meme crypto status among users on Reddit and TikTok. Celebrities, such as Musk, affect these wild price swings as well. Musk’s tweets have helped to trigger a rally in DOGE-USD earlier in the year after he named Dogecoin the “people’s crypto.” He also announced that he’d plant a physical Dogecoin token on the moon.\nUnlike Bitcoin, Dogecoin is not designed as an optimal store of value, as there is no cap on the quantity of Dogecoins created by mining. As it is highly inflationary by design, crypto analysts see little incentive to hold DOGE-USD long term aside from its meme crypto value among retail investors.\nThe altcoin uses the Scrypt algorithm that represents an energy-efficient approach to mining. It uses only 0.12 kilowatts of energy per hour (kWh) per transaction, lower than most of its peers.\nThe social media hype boosted DOGE-USD almost by 4,000% YTD. It currently trades at about a quarter of its all-time high in May.\nEtsy (ETSY)\nNew York-based Etsy retails handmade goods, vintage items, and crafted goods. Etsy found itself in the spotlight earlier this year when Musk instantaneously pushed the shares up 8% after tweeting“I kinda love Etsy.”He was referring to a hat he bought for his dog.\nEtsy reported first-quarter results in early May. Total revenue came at $550.6 million, up 142% YOY. The company reported a 132% increase in consolidated gross merchandise sales (GMS). Net income stood at $143.8 million, representing a breathtaking surge of more than 11-fold YOY. Diluted EPS was $1. Cash and equivalents ended the first quarter at $1.7 billion.\nDuring the first-quarter earnings call, management remarked that it was “laser-focused on driving frequency” and determining “buyer triggers.” CEO Josh Silverman said, “Last year, the world took notice of Etsy’s highly differentiated value proposition, and that incredible momentum has continued into the first quarter of 2021.”\nThe company has captured a lucrative niche in e-commerce. Etsy recently announced its $1.63 billion acquisition of luxury apparel resale site Depop, the British secondhand fashion resale app, to benefit from the growing trend of young people who resell their clothes online. Depop is particularly popular among Gen Z, which should further improve Etsy’s prospects in the coming years. Additionally, the company announced its entry into Latin America with the acquisition of Elo7.\nETSY stock is hovering around $200, up 12% YTD. In the past 12 months, ETSY shares gained more than 90%. The stock trades at a multiple of 69.44x forward earnings and 13.56x sales. Interested readers could consider buying the dips.\nProcure Space ETF (UFO)\nUnless you’ve been living on Mars, you’re likely to have seen the headlines on the “Billionaire space race.” In early July, Richard Branson soared on the space planeVSS Unity. Then on July 20, it was Amazon’s founder Jeff Bezos’s turn to leave Earth. His space company launched him, his brother and two others into space.\nAnd Musk is the third name on our list of space voyagers. His company,SpaceX, has big ambitions, which he hopes could mean living on Mars. Therefore, space is a theme Musk is likely to invest in.\nThe Procure Space ETF buys shares of businesses involved in space-related industries. The fund began trading in April 2019. UFO currently has 35 holdings. About 75% of the companies are from the U.S. The rest come from France (5.58%), Canada (5.12%), Luxembourg (4.34%), Japan (3.96%) and several other countries.\nThe communication services sector comprises the most significant slice at 44.31%. This is followed by industrials and information technology, with 32.68% and 15.03% respectively. The fund’s top 10 holdings account for almost half of total net assets of $132.3 million.\nThe leading names in the fund include Virgin Galactic(NYSE:SPCE), mobile satellite service group Globalstar (NYSE:GSAT),Maxar Technologies (NYSE:MAXR), and communications services company DISH Network(NASDAQ:DISH).\nUFO has gained 43% in the past 12 months and returned almost 18% so far this year.\nTwitter (TWTR)\nMicro-blogging platform Twitter is where Musk communicates with millions who follow him. Twitter generates 90% of its revenue from advertising.\nThe company released second-quarter results on July 22. Q2 revenue totaled $1.19 billion, an increase of 74% YOY. Adjusted net income came at $66 million, compared to an adjusted net loss of $277 million in the prior-year quarter. The company’s adjusted diluted net income per share stood at 8 cents, compared to adjusted diluted net loss per share of 35 cents in the prior-year quarter. And, adjusted free cash flow soared 171% YOY to $106 million.\n“Our increased shipping cadence contributed to reaching 206 million average monetizable DAU (mDAU) in Q2, up 11% year-over-year and 3% quarter-over-quarter,” CEO Jack Dorsey said. “There’s a tremendous opportunity to get the whole world to use Twitter.”\nTwitter’s Q2 results have beaten analysts’ estimates of 50% top-line growth. About 11% YOY growth in mDAU fell within market expectations, in spite of representing a minor deceleration in the critical metric.\nTWTR stock currently trades slightly above $73, up over 30% YTD. Forward P/E and P/S ratios are 82.97 and 14.69, respectively. Given the positive momentum, TWTR stock could easily appreciate further in the near term.\nVirgin Galactic (SPCE)\nLas Cruces, New Mexico-based Virgin Galactic is a pioneering aerospace company. The company made the news in the recent weeks as it launched its founder Branson into space. In June, the U.S. Federal Aviation Administration (FAA) awarded the company its “full commercial launch license” to start space tourism flights.\nVirgin Galactic released first-quarter results in May. The company reported a net loss of $130 million, compared to a $377 million net loss in the prior-year period. Net loss per diluted share stood at 55 cents. Cash and equivalents ended the quarter at $617 million.\n“We are committed to delivering one of the world’s most unique and transformational customer experiences, with safety at the core of everything we do,” CEO Michael Colglazier said.\nVirgin Galactic plans to start sending tourists to space in 2022. The company has sold 600 space tickets.\nHowever, analysts indicate that it could take a long time before investors see the company turn profits. Hence, the company recently announced plans to raise $500 million in new cash from a stock sale.\nSPCE stock surged to its 52-week high of $62.80 in February before plunging to $15 in mid-May. It currently trades around $30, up about 30% YTD.","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175149178,"gmtCreate":1627016316994,"gmtModify":1703482516566,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Follow the grandmaster. It wont go wrong. Lol","listText":"Follow the grandmaster. It wont go wrong. Lol","text":"Follow the grandmaster. It wont go wrong. Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/175149178","repostId":"2153787206","repostType":4,"repost":{"id":"2153787206","pubTimestamp":1627011840,"share":"https://ttm.financial/m/news/2153787206?lang=&edition=fundamental","pubTime":"2021-07-23 11:44","market":"us","language":"en","title":"Warren Buffett Has Gained Over $181 Billion on These 5 Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2153787206","media":"Motley Fool","summary":"These five holdings account for 88% of Berkshire Hathaway's unrealized gains.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is arguably in a class of his own when it comes to investing legends. Since taking the helm of Berkshire Hathaway in 1965, the Oracle of Omaha has led his stock to an average annual return of 20%. Taking into account the 20% year-to-date gain for Berkshire's Class A shares (BRK.A), shareholders have seen Buffett generate aggregate returns of almost 3,400,000% in 56 years.</p>\n<p>Although Berkshire Hathaway has a relatively large portfolio filled with four dozen different securities, Buffett has never been a big fan of diversification. As a result, only a small number of holdings comprise the bulk of Berkshire Hathaway's $206.4 billion in unrealized gains, as of this past weekend.</p>\n<p>Based on the cost basis of Berkshire's major holdings (outlined in the company's 2020 annual shareholder letter), the following five stocks have netted Buffett $181.1 billion in combined unrealized gains (about 88% of all current unrealized profit), not including dividends paid.</p>\n<p><img src=\"https://static.tigerbbs.com/d28b3a8823057ce2bc2495cefe7ee3ff\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Berkshire Hathaway CEO Warren Buffett is all smiles with his company sitting on over $206 billion in unrealized gains. Image source: The Motley Fool.</p>\n<h3>Apple: $101,764,676,001 in unrealized gains</h3>\n<p>Easily the best investment of Buffett's tenured career is <b>Apple</b> (NASDAQ:AAPL). Even after modestly paring down his company's stake in the tech kingpin, Berkshire Hathaway still owns 907,559,761 shares at a cost basis of $34.26 a share. With Apple closing last week at $146.39 a share, the Oracle of Omaha and his team are sitting on close to a $102 billion unrealized gain.</p>\n<p>Investors certainly shouldn't look for this stake to be reduced any further anytime soon. That's because Buffett views Apple as Berkshire Hathaway's \"third business.\" It's a globally recognized brand with an exceptionally loyal following, as evidenced by the mammoth lines outside of its stores anytime a new product hits the shelves. And, as you're probably aware, the iPhone is the dominant smartphone by market share in the U.S.</p>\n<p>In addition to Apple being a product innovation juggernaut, CEO Tim Cook is overseeing a steady transition toward services. By emphasizing various subscription-based platforms, Apple can reduce some of the revenue lumpiness associated with tech replacement cycles and likely boost its operating margins.</p>\n<p>A final reason Buffett isn't bailing on Apple is the company's generous shareholder return program. Though some of you might be scratching your head given that Apple's dividend yield is \"only\" 0.6%, the $0.88 base annual payout is closer to 2.6% of Berkshire Hathaway's cost basis. Tack on Apple's aggressive share repurchase program and you have a very shareholder-friendly company.</p>\n<p><img src=\"https://static.tigerbbs.com/44a30c4dfd6886a29e22d3c6558c3e56\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Bank of America: $24,530,235,143 in unrealized gains</h3>\n<p>There's no industry on the planet Buffett loves more than bank stocks -- and there's no bank stock Buffett favors more than <b>Bank of America</b> (NYSE:BAC). Berkshire Hathaway owns over 1.03 billion shares of BofA with a cost basis of $14.17 a share. This works out to an unrealized gain of just over $24.5 billion, based on where BofA shares closed this past Friday, July 16.</p>\n<p>Buffett has always been a big fan of playing the economic numbers game, which is exactly what he's doing with Bank of America. Since the U.S. economy spends a disproportionate amount of time expanding, relative to contracting, bank stocks like BofA should benefit from stronger loan origination and higher net interest income. The Oracle of Omaha is fully aware that recessions are a natural part of the economic cycle, but he fully understands that the long term strongly favors optimists.</p>\n<p>More specific to the business, BofA stands to benefit from eventual interest rate hikes by the Federal Reserve. Bank of America is the most interest-sensitive of all the big banks, with the company noting in the June-ended quarter that a 100 basis point parallel shift in the interest rate yield curve would net it an extra $8 billion in net interest income over the next 12 months.</p>\n<p>With BofA pushing digitization initiatives and bolstering its dividend program, it's far likelier that Buffett ups his stake in the company than sells a single share.</p>\n<p><img src=\"https://static.tigerbbs.com/ed3e6a16841306014bf0cfc3b1697b23\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: American <a href=\"https://laohu8.com/S/EXPR\">Express</a>.</p>\n<h2>American Express: $24,488,160,264 in unrealized gains</h2>\n<p>Whereas the gains racked up in Apple and BofA have come within the past couple of years, the nearly $24.5 billion in unrealized gains in credit services behemoth <b>American Express</b> (NYSE:AXP) have been built up over the past 28 years. With a cost basis of right around $8.49 a share, Buffett's patience has paid off in a big way with AmEx.</p>\n<p>Similar to Bank of America, American Express is a cyclical company that benefits from the aforementioned numbers game. If the U.S. and global economy are expanding, consumers and businesses are more likely to spend more, thereby helping boost payment processing revenue and profits. Keep in mind, though, AmEx is a double dipper. In addition to processing payments, it's also a credit services provider. This means it can generate growing amounts of fee revenue and interest income during long-winded periods of expansion.</p>\n<p>Another facet to AmEx's success is the company's ability to bring in affluent clientele. The well-to-do are far less inclined to alter their spending habits when minor economic disruptions rear their heads. As a result, AmEx isn't as likely to be hurt by credit delinquencies as some of its lending peers.</p>\n<p>With Berkshire Hathaway an American Express shareholder since 1993, I don't foresee Buffett or his team selling shares anytime soon.</p>\n<p><img src=\"https://static.tigerbbs.com/299023e9f7694c143fc3162fbb154afa\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Coca-Cola.</p>\n<h3>Coca-Cola: $21,262,000,000 in unrealized gains</h3>\n<p>Speaking of tenured holdings, no stock has been a fixture in Buffett's portfolio for longer than beverage giant <b>Coca-Cola</b> (NYSE:KO). With a cost basis of a fraction under $3.25 a share, Buffett and his team have piled up almost $21.3 billion in unrealized gains by owning Coca-Cola since 1988.</p>\n<p>Like Apple, we're talking about a company with insanely strong branding and brand recognition. Coke products are sold in all but two countries worldwide (Cuba and North Korea), and it has more than 20 brands in its product portfolio generating at least $1 billion in annual sales. Coca-Cola enjoys the best of both worlds, with 20% of the developed market cold beverage share (i.e., highly predictable cash flow) and 10% of emerging market cold beverage share, which represents a higher-growth opportunity over the long run.</p>\n<p>Beyond geographic diversity, marketing is a big reason for Coca-Cola's success. The company has not been shy about turning to social media and well-known ambassadors to represent its brand, and it has clear holiday tie-ins that go back decades.</p>\n<p>Considering that Berkshire Hathaway is netting almost a 52% annual dividend yield based on its original cost basis for Coca-Cola, there's absolutely no incentive to sell this position.</p>\n<p><img src=\"https://static.tigerbbs.com/0405d7e87cf0321a7d9113d036c164a4\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Moody's: $9,076,258,024 in unrealized gains</h3>\n<p>While Apple singlehandedly takes the crown for generating the highest unrealized return in nominal dollars for the Oracle of Omaha, credit ratings agency <b>Moody's</b> (NYSE:MCO) might well be Warren Buffett's greatest investment on a percentage basis of all time. Berkshire's cost basis is $10.05 a share following Moody's spinoff from Dun & Bradstreet in 2000. Moody's closed this past week at almost $378 a share -- good enough for a 3,661% return and nearly $9.1 billion unrealized gain.</p>\n<p>One thing keeping Moody's busy is historically low lending rates. With the Federal Reserve standing pat for as long as possible on interest rates, businesses haven't been shy about issuing debt to hire, acquire, innovate, or even buy back stock, as in Apple's case. With so much corporate debt issued, Moody's has been active evaluating the debt landscape.</p>\n<p>Equally exciting has been the generally heightened levels of market volatility and economic uncertainty since the beginning of 2020. Though Moody's is best known for its credit ratings operations, its fastest-growing segment tends to be analytics. As long as deep levels of uncertainty exist, Moody's Analytics has double-digit annual growth potential.</p>\n<p>As with Coke, Buffett's patience has resulted in an insanely high yield on cost with Moody's. Despite a 0.7% nominal yield, Berkshire Hathaway is netting an almost 25% yield annually, based on its initial cost basis.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett Has Gained Over $181 Billion on These 5 Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett Has Gained Over $181 Billion on These 5 Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 11:44 GMT+8 <a href=https://www.fool.com/investing/2021/07/22/warren-buffett-gained-181-billion-these-5-stocks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is arguably in a class of his own when it comes to investing legends. Since taking the helm of Berkshire Hathaway in 1965, the Oracle of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/22/warren-buffett-gained-181-billion-these-5-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","MCO":"穆迪","BRK.B":"伯克希尔B","AAPL":"苹果","BRK.A":"伯克希尔","KO":"可口可乐","AXP":"美国运通"},"source_url":"https://www.fool.com/investing/2021/07/22/warren-buffett-gained-181-billion-these-5-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153787206","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is arguably in a class of his own when it comes to investing legends. Since taking the helm of Berkshire Hathaway in 1965, the Oracle of Omaha has led his stock to an average annual return of 20%. Taking into account the 20% year-to-date gain for Berkshire's Class A shares (BRK.A), shareholders have seen Buffett generate aggregate returns of almost 3,400,000% in 56 years.\nAlthough Berkshire Hathaway has a relatively large portfolio filled with four dozen different securities, Buffett has never been a big fan of diversification. As a result, only a small number of holdings comprise the bulk of Berkshire Hathaway's $206.4 billion in unrealized gains, as of this past weekend.\nBased on the cost basis of Berkshire's major holdings (outlined in the company's 2020 annual shareholder letter), the following five stocks have netted Buffett $181.1 billion in combined unrealized gains (about 88% of all current unrealized profit), not including dividends paid.\n\nBerkshire Hathaway CEO Warren Buffett is all smiles with his company sitting on over $206 billion in unrealized gains. Image source: The Motley Fool.\nApple: $101,764,676,001 in unrealized gains\nEasily the best investment of Buffett's tenured career is Apple (NASDAQ:AAPL). Even after modestly paring down his company's stake in the tech kingpin, Berkshire Hathaway still owns 907,559,761 shares at a cost basis of $34.26 a share. With Apple closing last week at $146.39 a share, the Oracle of Omaha and his team are sitting on close to a $102 billion unrealized gain.\nInvestors certainly shouldn't look for this stake to be reduced any further anytime soon. That's because Buffett views Apple as Berkshire Hathaway's \"third business.\" It's a globally recognized brand with an exceptionally loyal following, as evidenced by the mammoth lines outside of its stores anytime a new product hits the shelves. And, as you're probably aware, the iPhone is the dominant smartphone by market share in the U.S.\nIn addition to Apple being a product innovation juggernaut, CEO Tim Cook is overseeing a steady transition toward services. By emphasizing various subscription-based platforms, Apple can reduce some of the revenue lumpiness associated with tech replacement cycles and likely boost its operating margins.\nA final reason Buffett isn't bailing on Apple is the company's generous shareholder return program. Though some of you might be scratching your head given that Apple's dividend yield is \"only\" 0.6%, the $0.88 base annual payout is closer to 2.6% of Berkshire Hathaway's cost basis. Tack on Apple's aggressive share repurchase program and you have a very shareholder-friendly company.\n\nImage source: Getty Images.\nBank of America: $24,530,235,143 in unrealized gains\nThere's no industry on the planet Buffett loves more than bank stocks -- and there's no bank stock Buffett favors more than Bank of America (NYSE:BAC). Berkshire Hathaway owns over 1.03 billion shares of BofA with a cost basis of $14.17 a share. This works out to an unrealized gain of just over $24.5 billion, based on where BofA shares closed this past Friday, July 16.\nBuffett has always been a big fan of playing the economic numbers game, which is exactly what he's doing with Bank of America. Since the U.S. economy spends a disproportionate amount of time expanding, relative to contracting, bank stocks like BofA should benefit from stronger loan origination and higher net interest income. The Oracle of Omaha is fully aware that recessions are a natural part of the economic cycle, but he fully understands that the long term strongly favors optimists.\nMore specific to the business, BofA stands to benefit from eventual interest rate hikes by the Federal Reserve. Bank of America is the most interest-sensitive of all the big banks, with the company noting in the June-ended quarter that a 100 basis point parallel shift in the interest rate yield curve would net it an extra $8 billion in net interest income over the next 12 months.\nWith BofA pushing digitization initiatives and bolstering its dividend program, it's far likelier that Buffett ups his stake in the company than sells a single share.\n\nImage source: American Express.\nAmerican Express: $24,488,160,264 in unrealized gains\nWhereas the gains racked up in Apple and BofA have come within the past couple of years, the nearly $24.5 billion in unrealized gains in credit services behemoth American Express (NYSE:AXP) have been built up over the past 28 years. With a cost basis of right around $8.49 a share, Buffett's patience has paid off in a big way with AmEx.\nSimilar to Bank of America, American Express is a cyclical company that benefits from the aforementioned numbers game. If the U.S. and global economy are expanding, consumers and businesses are more likely to spend more, thereby helping boost payment processing revenue and profits. Keep in mind, though, AmEx is a double dipper. In addition to processing payments, it's also a credit services provider. This means it can generate growing amounts of fee revenue and interest income during long-winded periods of expansion.\nAnother facet to AmEx's success is the company's ability to bring in affluent clientele. The well-to-do are far less inclined to alter their spending habits when minor economic disruptions rear their heads. As a result, AmEx isn't as likely to be hurt by credit delinquencies as some of its lending peers.\nWith Berkshire Hathaway an American Express shareholder since 1993, I don't foresee Buffett or his team selling shares anytime soon.\n\nImage source: Coca-Cola.\nCoca-Cola: $21,262,000,000 in unrealized gains\nSpeaking of tenured holdings, no stock has been a fixture in Buffett's portfolio for longer than beverage giant Coca-Cola (NYSE:KO). With a cost basis of a fraction under $3.25 a share, Buffett and his team have piled up almost $21.3 billion in unrealized gains by owning Coca-Cola since 1988.\nLike Apple, we're talking about a company with insanely strong branding and brand recognition. Coke products are sold in all but two countries worldwide (Cuba and North Korea), and it has more than 20 brands in its product portfolio generating at least $1 billion in annual sales. Coca-Cola enjoys the best of both worlds, with 20% of the developed market cold beverage share (i.e., highly predictable cash flow) and 10% of emerging market cold beverage share, which represents a higher-growth opportunity over the long run.\nBeyond geographic diversity, marketing is a big reason for Coca-Cola's success. The company has not been shy about turning to social media and well-known ambassadors to represent its brand, and it has clear holiday tie-ins that go back decades.\nConsidering that Berkshire Hathaway is netting almost a 52% annual dividend yield based on its original cost basis for Coca-Cola, there's absolutely no incentive to sell this position.\n\nImage source: Getty Images.\nMoody's: $9,076,258,024 in unrealized gains\nWhile Apple singlehandedly takes the crown for generating the highest unrealized return in nominal dollars for the Oracle of Omaha, credit ratings agency Moody's (NYSE:MCO) might well be Warren Buffett's greatest investment on a percentage basis of all time. Berkshire's cost basis is $10.05 a share following Moody's spinoff from Dun & Bradstreet in 2000. Moody's closed this past week at almost $378 a share -- good enough for a 3,661% return and nearly $9.1 billion unrealized gain.\nOne thing keeping Moody's busy is historically low lending rates. With the Federal Reserve standing pat for as long as possible on interest rates, businesses haven't been shy about issuing debt to hire, acquire, innovate, or even buy back stock, as in Apple's case. With so much corporate debt issued, Moody's has been active evaluating the debt landscape.\nEqually exciting has been the generally heightened levels of market volatility and economic uncertainty since the beginning of 2020. Though Moody's is best known for its credit ratings operations, its fastest-growing segment tends to be analytics. As long as deep levels of uncertainty exist, Moody's Analytics has double-digit annual growth potential.\nAs with Coke, Buffett's patience has resulted in an insanely high yield on cost with Moody's. Despite a 0.7% nominal yield, Berkshire Hathaway is netting an almost 25% yield annually, based on its initial cost basis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574468375375928","authorId":"3574468375375928","name":"Huatahhuat","avatar":"https://static.tigerbbs.com/b8efd6c9f11aac008947d35cb725e0a3","crmLevel":5,"crmLevelSwitch":0,"idStr":"3574468375375928","authorIdStr":"3574468375375928"},"content":"Still can? Not toO late ?","text":"Still can? Not toO late ?","html":"Still can? Not toO late ?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172340748,"gmtCreate":1626939974584,"gmtModify":1703480952954,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Why they left traces in the chat msg???","listText":"Why they left traces in the chat msg???","text":"Why they left traces in the chat msg???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172340748","repostId":"1119296199","repostType":4,"repost":{"id":"1119296199","pubTimestamp":1626933778,"share":"https://ttm.financial/m/news/1119296199?lang=&edition=fundamental","pubTime":"2021-07-22 14:02","market":"fut","language":"en","title":"Gold Trader’s Chat Bragged About ‘How Easy’ It Is to Manipulate Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1119296199","media":"Bloomberg","summary":"(Bloomberg) -- Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two ","content":"<p>(Bloomberg) -- Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious-metals traders for Bank of America Corp.’s Merrill Lynch unit shows one of them, Edward Bases, bragging about how easy it is to manipulate prices.</p>\n<p>On Jan. 28, 2009, when Bases was working at Deutsche Bank AG, he put out bids to buy 2,740 gold futures contracts valued around $244 million over the course of four-and-a-half minutes, according to Maria Garibotti, a vice president at Analysis Group who studied exchange and trading data for prosecutors. More than 98% were canceled without being filled, she said.</p>\n<p>On the opposite side of the market, a fellow Deutsche Bank trader Bases coordinated with sold his 170 contracts worth $15,172,500 as the price rose, Garibotti told jurors on Wednesday.</p>\n<p>“that does show u how easy it is to manipulate it sometimes,” Bases wrote minutes after the trading in a chat message sent to the other Deutsche Bank trader, Cedric Chanu, according to Garibotti. Chanu and another Deutsche Bank Trader, James Vorley, were sentenced last month to a year in prison each for their convictions in 2020 on spoofing charges at a separate trial.</p>\n<p>“I f..k the mkt around a lot,” Bases said in another message.</p>\n<p>Bases and fellow Merrill Lynch trader John Pacilio face federal fraud charges for allegedly spoofing the futures market from 2008 to 2014.</p>\n<p>Another episode described by Garibotti involved trades by Bases and Pacilio on Aug. 9, 2010, when both were working at Merrill Lynch.</p>\n<p>That day, Bases placed an iceberg order to buy 10 contracts of platinum, with six being filled at placement, she said. Less than 10 seconds after Bases placed that buy order, Pacilio placed an order to sell 205 contracts for $15,856,750, which was almost 90% of what was visible on the exchange order book, Garibotti said. The price went down, and the rest of Bases’ order was filled, she said. Less than a second later, Pacilio’s sell order was canceled, she said.</p>\n<p>Garibotti said employees at Analysis Group put in about 3,000 hours studying data in this case over the course of several years, billing the government $1.2 million for its work.</p>\n<p>The defense attorneys have not yet begun cross-examining Garibotti.</p>\n<p>In opening arguments Tuesday, Bases’ defense attorney told the jury that once her client understood spoofing was illegal, he stopped doing it, and that nearly all the conduct the government identified was before the enactment of the Dodd-Frank Act, which specifically prohibited spoofing.</p>\n<p>The case is U.S. v. Bases et al, 18-cr-00048, U.S. District Court, Northern District of Illinois (Chicago).</p>","source":"lsy1612507957220","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>Gold Trader’s Chat Bragged About ‘How Easy’ It Is to Manipulate Prices</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\">\nGold Trader’s Chat Bragged About ‘How Easy’ It Is to Manipulate Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 14:02 GMT+8 <a href=https://finance.yahoo.com/news/gold-trader-chat-bragged-easy-001619023.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious-metals traders for Bank of America Corp.’s Merrill Lynch unit shows one of them, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/gold-trader-chat-bragged-easy-001619023.html\">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://finance.yahoo.com/news/gold-trader-chat-bragged-easy-001619023.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119296199","content_text":"(Bloomberg) -- Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious-metals traders for Bank of America Corp.’s Merrill Lynch unit shows one of them, Edward Bases, bragging about how easy it is to manipulate prices.\nOn Jan. 28, 2009, when Bases was working at Deutsche Bank AG, he put out bids to buy 2,740 gold futures contracts valued around $244 million over the course of four-and-a-half minutes, according to Maria Garibotti, a vice president at Analysis Group who studied exchange and trading data for prosecutors. More than 98% were canceled without being filled, she said.\nOn the opposite side of the market, a fellow Deutsche Bank trader Bases coordinated with sold his 170 contracts worth $15,172,500 as the price rose, Garibotti told jurors on Wednesday.\n“that does show u how easy it is to manipulate it sometimes,” Bases wrote minutes after the trading in a chat message sent to the other Deutsche Bank trader, Cedric Chanu, according to Garibotti. Chanu and another Deutsche Bank Trader, James Vorley, were sentenced last month to a year in prison each for their convictions in 2020 on spoofing charges at a separate trial.\n“I f..k the mkt around a lot,” Bases said in another message.\nBases and fellow Merrill Lynch trader John Pacilio face federal fraud charges for allegedly spoofing the futures market from 2008 to 2014.\nAnother episode described by Garibotti involved trades by Bases and Pacilio on Aug. 9, 2010, when both were working at Merrill Lynch.\nThat day, Bases placed an iceberg order to buy 10 contracts of platinum, with six being filled at placement, she said. Less than 10 seconds after Bases placed that buy order, Pacilio placed an order to sell 205 contracts for $15,856,750, which was almost 90% of what was visible on the exchange order book, Garibotti said. The price went down, and the rest of Bases’ order was filled, she said. Less than a second later, Pacilio’s sell order was canceled, she said.\nGaribotti said employees at Analysis Group put in about 3,000 hours studying data in this case over the course of several years, billing the government $1.2 million for its work.\nThe defense attorneys have not yet begun cross-examining Garibotti.\nIn opening arguments Tuesday, Bases’ defense attorney told the jury that once her client understood spoofing was illegal, he stopped doing it, and that nearly all the conduct the government identified was before the enactment of the Dodd-Frank Act, which specifically prohibited spoofing.\nThe case is U.S. v. Bases et al, 18-cr-00048, U.S. District Court, Northern District of Illinois (Chicago).","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149205638,"gmtCreate":1625727188124,"gmtModify":1703747224703,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"But it dropped 7% yesterday..","listText":"But it dropped 7% yesterday..","text":"But it dropped 7% yesterday..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149205638","repostId":"2149931325","repostType":4,"repost":{"id":"2149931325","pubTimestamp":1625725125,"share":"https://ttm.financial/m/news/2149931325?lang=&edition=fundamental","pubTime":"2021-07-08 14:18","market":"us","language":"en","title":"Why Skillz Shares Soared Last Month","url":"https://stock-news.laohu8.com/highlight/detail?id=2149931325","media":"Motley Fool","summary":"The online gaming company uncorked some thrilling returns through a fairly modest buyout.","content":"<h2>What happened</h2>\n<p>Shares of <b>Skillz</b> (NYSE:SKLZ) rose 27.8% in June 2021, according to data from S&P Global Market Intelligence. The company behind a mobile game platform that lets players win cash prizes was primed for a big jump due to soaring short-seller interest in the stock. Skillz pulled the trigger with the acquisition of a digital advertising specialist.</p>\n<h2>So what</h2>\n<p>Roughly 25% of Skillz' shares were sold short in mid-May, which opened the possibility of a game-changing short squeeze. Any good news reported during a time of intense short-seller interest might force the bears to close their negative investment positions, thus driving stock prices much higher in a hurry. So when Skillz announced the $150 million buyout of demand-side advertising expert Aarki, the fuse was lit and Skillz shares soared. The stock closed 26.8% higher that day, having surged as much as 35% higher earlier in the trading session.<img src=\"https://static.tigerbbs.com/587375170d81f6dd3079cc9e9dcc1f6a\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\">Image source: Getty Images.</p>\n<h2>Now what</h2>\n<p>The real thinking behind Skillz' sudden jump is that Aarki will help the company monetize its popular games from a different angle, adding a serious helping of ad revenue to the existing focus on cash-based gaming operations. The way the stock held relatively firm through the end of June is a testament to the solid business value of this deal. Short-squeeze gains often fade as quickly as they arrive, leaving many investors disappointed over the short-lived surge.</p>\n<p>Skillz is far from a risk-free investment, trading at 30 times trailing sales with firmly negative earnings and cash flows. But the company is poised to disrupt the mobile gaming market, perhaps becoming a buyout target itself somewhere down the line. If you can stomach a few sudden haircuts along the way, this stock could deliver multi-bagger returns in the long run.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Skillz Shares Soared Last Month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Skillz Shares Soared Last Month\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 14:18 GMT+8 <a href=https://www.fool.com/investing/2021/07/07/why-skillz-shares-soared-last-month/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of Skillz (NYSE:SKLZ) rose 27.8% in June 2021, according to data from S&P Global Market Intelligence. The company behind a mobile game platform that lets players win cash prizes ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/07/why-skillz-shares-soared-last-month/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SKLZ":"Skillz Inc"},"source_url":"https://www.fool.com/investing/2021/07/07/why-skillz-shares-soared-last-month/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149931325","content_text":"What happened\nShares of Skillz (NYSE:SKLZ) rose 27.8% in June 2021, according to data from S&P Global Market Intelligence. The company behind a mobile game platform that lets players win cash prizes was primed for a big jump due to soaring short-seller interest in the stock. Skillz pulled the trigger with the acquisition of a digital advertising specialist.\nSo what\nRoughly 25% of Skillz' shares were sold short in mid-May, which opened the possibility of a game-changing short squeeze. Any good news reported during a time of intense short-seller interest might force the bears to close their negative investment positions, thus driving stock prices much higher in a hurry. So when Skillz announced the $150 million buyout of demand-side advertising expert Aarki, the fuse was lit and Skillz shares soared. The stock closed 26.8% higher that day, having surged as much as 35% higher earlier in the trading session.Image source: Getty Images.\nNow what\nThe real thinking behind Skillz' sudden jump is that Aarki will help the company monetize its popular games from a different angle, adding a serious helping of ad revenue to the existing focus on cash-based gaming operations. The way the stock held relatively firm through the end of June is a testament to the solid business value of this deal. Short-squeeze gains often fade as quickly as they arrive, leaving many investors disappointed over the short-lived surge.\nSkillz is far from a risk-free investment, trading at 30 times trailing sales with firmly negative earnings and cash flows. But the company is poised to disrupt the mobile gaming market, perhaps becoming a buyout target itself somewhere down the line. If you can stomach a few sudden haircuts along the way, this stock could deliver multi-bagger returns in the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149206770,"gmtCreate":1625727079090,"gmtModify":1703747222765,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"I think it will take some time for investors to regain confidence in the china stocks listed in the US","listText":"I think it will take some time for investors to regain confidence in the china stocks listed in the US","text":"I think it will take some time for investors to regain confidence in the china stocks listed in the US","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149206770","repostId":"1104195989","repostType":4,"repost":{"id":"1104195989","pubTimestamp":1625725968,"share":"https://ttm.financial/m/news/1104195989?lang=&edition=fundamental","pubTime":"2021-07-08 14:32","market":"us","language":"en","title":"Chinese Firm LinkDoc Said to Halt U.S. IPO After Crackdown","url":"https://stock-news.laohu8.com/highlight/detail?id=1104195989","media":"Bloomberg","summary":"(Bloomberg) -- LinkDoc Technology Ltd. has halted plans for a U.S. initial public offering, people f","content":"<p>(Bloomberg) -- LinkDoc Technology Ltd. has halted plans for a U.S. initial public offering, people familiar with the matter said, the first known company to pull out of a debut after China’s government cracked down on overseas listings.</p>\n<p>Market volatility has played a part in the postponement and the Beijing-based medical data company could revisit its listing plans when conditions improve, said one of the people, who asked not to be identified as the information is private.</p>\n<p>LinkDoc was slated to price the offering on Thursday, which could have raised as much as $211 million. Morgan Stanley, Bank of America Corp. and China International Capital Corp. were arranging the deal.</p>\n<p>Chinese technology stocks suffered a rout after China signaled a new era of tighter oversight over cybersecurity. Shares in Didi Global Inc. plunged after the government ordered the removal of the ride-hailing giant’s app from local app stores within days of its $4.4 billion U.S. IPO.</p>\n<p>LinkDoc’s IPO delay also comes as regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, closing a loophole long-used by the country’s technology giants, Bloomberg News reported this week.</p>\n<p>Reuters reported LinkDoc’s IPO halt earlier Thursday. A representative for LinkDoc declined to comment.</p>\n<p>LinkDoc, founded in 2014, provides cancer focused health-care services built on big data and artificial intelligence, its website shows. Its investors include Alibaba Health Information Technology Ltd., MBK Partners, New Enterprise Associates and Temasek Holdings Pte according to a preliminary filing.</p>\n<p>Chinese companies have raised about $13 billion through first-time share sales in the U.S. this year, according to data compiled by Bloomberg. Didi’s IPO was the second largest U.S. listing by a Chinese firm on record, after Alibaba Group Holding Ltd.’s $25 billion blockbuster debut in 2014.</p>","source":"lsy1612507957220","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>Chinese Firm LinkDoc Said to Halt U.S. IPO After Crackdown</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\">\nChinese Firm LinkDoc Said to Halt U.S. IPO After Crackdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 14:32 GMT+8 <a href=https://finance.yahoo.com/news/alibaba-health-backed-linkdoc-shelves-044039052.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- LinkDoc Technology Ltd. has halted plans for a U.S. initial public offering, people familiar with the matter said, the first known company to pull out of a debut after China’s ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alibaba-health-backed-linkdoc-shelves-044039052.html\">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://finance.yahoo.com/news/alibaba-health-backed-linkdoc-shelves-044039052.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104195989","content_text":"(Bloomberg) -- LinkDoc Technology Ltd. has halted plans for a U.S. initial public offering, people familiar with the matter said, the first known company to pull out of a debut after China’s government cracked down on overseas listings.\nMarket volatility has played a part in the postponement and the Beijing-based medical data company could revisit its listing plans when conditions improve, said one of the people, who asked not to be identified as the information is private.\nLinkDoc was slated to price the offering on Thursday, which could have raised as much as $211 million. Morgan Stanley, Bank of America Corp. and China International Capital Corp. were arranging the deal.\nChinese technology stocks suffered a rout after China signaled a new era of tighter oversight over cybersecurity. Shares in Didi Global Inc. plunged after the government ordered the removal of the ride-hailing giant’s app from local app stores within days of its $4.4 billion U.S. IPO.\nLinkDoc’s IPO delay also comes as regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, closing a loophole long-used by the country’s technology giants, Bloomberg News reported this week.\nReuters reported LinkDoc’s IPO halt earlier Thursday. A representative for LinkDoc declined to comment.\nLinkDoc, founded in 2014, provides cancer focused health-care services built on big data and artificial intelligence, its website shows. Its investors include Alibaba Health Information Technology Ltd., MBK Partners, New Enterprise Associates and Temasek Holdings Pte according to a preliminary filing.\nChinese companies have raised about $13 billion through first-time share sales in the U.S. this year, according to data compiled by Bloomberg. Didi’s IPO was the second largest U.S. listing by a Chinese firm on record, after Alibaba Group Holding Ltd.’s $25 billion blockbuster debut in 2014.","news_type":1},"isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127562983,"gmtCreate":1624857332542,"gmtModify":1703846353228,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Online betting is the way to go lol","listText":"Online betting is the way to go lol","text":"Online betting is the way to go lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127562983","repostId":"1109276407","repostType":4,"repost":{"id":"1109276407","pubTimestamp":1624847918,"share":"https://ttm.financial/m/news/1109276407?lang=&edition=fundamental","pubTime":"2021-06-28 10:38","market":"us","language":"en","title":"This Casino Company Has A Better 5-Year Return Than Alibaba, Amazon, Disney And Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1109276407","media":"Benzinga","summary":"It may not be as exciting as a round of Texas hold'em or slot machines with family and friends, but ","content":"<p>It may not be as exciting as a round of Texas hold'em or slot machines with family and friends, but an investment in <b>Penn National Gaming, Inc</b>(NASDAQ:PENN) has been a fun ride for many investors.</p>\n<p>Since 2016, Penn National Gaming stock's five-year return has managed to beat some of the world’s largest e-commerce, media and automotive companies:<b>Alibaba Group Holding Ltd – ADR</b>(NYSE:BABA),<b>Walt Disney Co</b>(NYSE:DIS),<b>Ford Motor Company</b>(NYSE:F) and <b>Amazon.com, Inc.</b>(NASDAQ:AMZN).</p>\n<p>Penn operates gaming and racing properties the U.S. The company has garnered popularity throughout 2020 and into 2021 thanks to its retail sports bettingofferingswith digital media company Barstool Sports.</p>\n<p>Penn offers live sports betting at its properties in Colorado, Illinois, Indiana, Iowa, Michigan, Mississippi, Pennsylvania and West Virginia.</p>\n<p>Here's how the returns break down from June 2016 to present:</p>\n<ul>\n <li><p>Alibaba is up from $76.29 a share to $224.72 for a return of 194.56%</p></li>\n <li><p>Disney is up from $95.72 a share to $177.74 for a return of 85.68%</p></li>\n <li><p>Ford is up from $12.52 a share to $15.38 for a return of 22.84%</p></li>\n <li><p>Amazon is up from $698.96 a share to $3406.75 for a return of 387.40%</p></li>\n <li><p>And finally, Penn is up from $13.95 a share to $75.36 for a return of 440.22%</p></li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Casino Company Has A Better 5-Year Return Than Alibaba, Amazon, Disney And Ford</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; 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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\">\nThis Casino Company Has A Better 5-Year Return Than Alibaba, Amazon, Disney And Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 10:38 GMT+8 <a href=https://www.benzinga.com/trading-ideas/long-ideas/21/06/21726750/this-casino-company-has-a-better-5-year-return-than-alibaba-amazon-disney-and-ford><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It may not be as exciting as a round of Texas hold'em or slot machines with family and friends, but an investment in Penn National Gaming, Inc(NASDAQ:PENN) has been a fun ride for many investors.\n...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/06/21726750/this-casino-company-has-a-better-5-year-return-than-alibaba-amazon-disney-and-ford\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","PENN":"佩恩国民博彩","F":"福特汽车","DIS":"迪士尼","AMZN":"亚马逊"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/06/21726750/this-casino-company-has-a-better-5-year-return-than-alibaba-amazon-disney-and-ford","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109276407","content_text":"It may not be as exciting as a round of Texas hold'em or slot machines with family and friends, but an investment in Penn National Gaming, Inc(NASDAQ:PENN) has been a fun ride for many investors.\nSince 2016, Penn National Gaming stock's five-year return has managed to beat some of the world’s largest e-commerce, media and automotive companies:Alibaba Group Holding Ltd – ADR(NYSE:BABA),Walt Disney Co(NYSE:DIS),Ford Motor Company(NYSE:F) and Amazon.com, Inc.(NASDAQ:AMZN).\nPenn operates gaming and racing properties the U.S. The company has garnered popularity throughout 2020 and into 2021 thanks to its retail sports bettingofferingswith digital media company Barstool Sports.\nPenn offers live sports betting at its properties in Colorado, Illinois, Indiana, Iowa, Michigan, Mississippi, Pennsylvania and West Virginia.\nHere's how the returns break down from June 2016 to present:\n\nAlibaba is up from $76.29 a share to $224.72 for a return of 194.56%\nDisney is up from $95.72 a share to $177.74 for a return of 85.68%\nFord is up from $12.52 a share to $15.38 for a return of 22.84%\nAmazon is up from $698.96 a share to $3406.75 for a return of 387.40%\nAnd finally, Penn is up from $13.95 a share to $75.36 for a return of 440.22%","news_type":1},"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127582278,"gmtCreate":1624856798494,"gmtModify":1703846339800,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Agree..","listText":"Agree..","text":"Agree..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127582278","repostId":"1177492181","repostType":4,"repost":{"id":"1177492181","pubTimestamp":1624849703,"share":"https://ttm.financial/m/news/1177492181?lang=&edition=fundamental","pubTime":"2021-06-28 11:08","market":"us","language":"en","title":"The Stock Market Hasn’t Been This Placid in Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1177492181","media":"WSJ","summary":"The U.S. stock marketis as calm as can beon the surface, while churning underneath more than it has ","content":"<p>The U.S. stock marketis as calm as can beon the surface, while churning underneath more than it has in decades.</p>\n<p>The S&P 500 is so quiet it is almost disconcerting. The index hasn’t had a 5% correction based on closing prices since the end of October; no wonder the new day traders who started buying shares in lockdown think the market only goes up. The last time the S&P was this serene for so long was in 2017, a period of calm that ended with the volatility crash early in 2018—although back then it was even quieter for much longer.</p>\n<p>Yet, look at the performance of types of stocks, and they have been swinging around much more than they usually do. Investors have been switching their bets between industries at a pace not seen outside of crises; March brought the biggest gap between the best and worst-performing sectors since 2002.</p>\n<p>The link between moves in growth stocks and cheap “value” stocks is the weakest—measured by the correlation—since 1995; investors are using them as proxies for betting for or against economic recovery.</p>\n<p>Meanwhile, big and small stocks last moved so independently of each other during the dot-com bubble of 2000, never a reassuring sign.</p>\n<p>I think this is another aspect of TINA: There Is No Alternative to stocks. With Treasurys, corporate bonds and cashoffering meager or zero return, stocks offer the best hope of gains. Investors who would previously have shifted money from stocks to bonds or vice versa now just switch from one sort of stock to another—so falls in one are offset by gains in another.</p>\n<p>There is no guarantee that it continues this way, of course. Bring enough fear into play and investors will bolt for the exits no matter how low cash yields are, just as they did in March last year. But while times seem pretty good, it is hard to justify buying a long-dated bond yielding far less than inflation. And times do seem pretty good.</p>\n<p>A widespread theory among those of a cautious disposition is that stocks just keep going up because a massive bubble has been inflated by cheap money and government stimulus. Stocks haven’t been so expensive since 2000, while a bubble mentality is obvious in the wild overtrading of fashionable stocks. A cluster of small stocks popular with retail tradershas often featured at the topof the most-traded lists this year, notablyGameStopandAMC Entertainmentbut also favorites such as Virgin Galactic andBlackBerry.</p>\n<p>It is undeniable that stocks are far more expensive than usual. But bubbles usually involve lots of volatility as they inflate, not a calm exterior and turmoil within, because every little price drop is magnified by others fearful that the bubble is about to pop. In 1999 there were at least nine drops of more than 5% in the S&P 500, and from its intraday peak in July to the October low it fell 13%.</p>\n<p>This time the most obvious threat to stocks is the Federal Reserve, rather than the market’s overvaluation. If the Fed raises rates, cash and bonds suddenly look much more attractive, and the TINA justification for buying extraordinarily expensive stocks is undermined.</p>\n<p>“You’ve got lots of volatility within the market but not a lot of volatility of the market,” says Robert Buckland, chief global equity strategist at Citigroup. “If there’s an alternative to just owning the index that could change.”</p>\n<p>This month’s Fed scare showed just how sensitive stock prices are when it turns out there is an alternative to stocks, of sorts. The Fedraised rates fractionally off the floorby offering 0.05% instead of 0% on its cash-absorbing reverse repurchase agreements, a kind of overnight secured deposit, and instantly sucked in $235 billion extra. Talk of rate increases coming in two years instead of the three previously projected added to pressure on stocks, and the S&P fell just over 2% in three days before resuming its upward climb.</p>\n<p>If that was the reaction to the Fed just barely doing something close to nothing, imagine how scared the market would be if the Fed started a normal rate hiking cycle and made cash attractive again. It isn’t something I think is likely soon, but the number one threat that could bring the turmoil from the depths to the surface of this market is the Fed.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Stock Market Hasn’t Been This Placid in Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Stock Market Hasn’t Been This Placid in Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 11:08 GMT+8 <a href=https://www.wsj.com/articles/the-stock-market-hasnt-been-this-placid-in-years-11624740199?mod=itp_wsj><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. stock marketis as calm as can beon the surface, while churning underneath more than it has in decades.\nThe S&P 500 is so quiet it is almost disconcerting. The index hasn’t had a 5% correction...</p>\n\n<a href=\"https://www.wsj.com/articles/the-stock-market-hasnt-been-this-placid-in-years-11624740199?mod=itp_wsj\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.wsj.com/articles/the-stock-market-hasnt-been-this-placid-in-years-11624740199?mod=itp_wsj","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177492181","content_text":"The U.S. stock marketis as calm as can beon the surface, while churning underneath more than it has in decades.\nThe S&P 500 is so quiet it is almost disconcerting. The index hasn’t had a 5% correction based on closing prices since the end of October; no wonder the new day traders who started buying shares in lockdown think the market only goes up. The last time the S&P was this serene for so long was in 2017, a period of calm that ended with the volatility crash early in 2018—although back then it was even quieter for much longer.\nYet, look at the performance of types of stocks, and they have been swinging around much more than they usually do. Investors have been switching their bets between industries at a pace not seen outside of crises; March brought the biggest gap between the best and worst-performing sectors since 2002.\nThe link between moves in growth stocks and cheap “value” stocks is the weakest—measured by the correlation—since 1995; investors are using them as proxies for betting for or against economic recovery.\nMeanwhile, big and small stocks last moved so independently of each other during the dot-com bubble of 2000, never a reassuring sign.\nI think this is another aspect of TINA: There Is No Alternative to stocks. With Treasurys, corporate bonds and cashoffering meager or zero return, stocks offer the best hope of gains. Investors who would previously have shifted money from stocks to bonds or vice versa now just switch from one sort of stock to another—so falls in one are offset by gains in another.\nThere is no guarantee that it continues this way, of course. Bring enough fear into play and investors will bolt for the exits no matter how low cash yields are, just as they did in March last year. But while times seem pretty good, it is hard to justify buying a long-dated bond yielding far less than inflation. And times do seem pretty good.\nA widespread theory among those of a cautious disposition is that stocks just keep going up because a massive bubble has been inflated by cheap money and government stimulus. Stocks haven’t been so expensive since 2000, while a bubble mentality is obvious in the wild overtrading of fashionable stocks. A cluster of small stocks popular with retail tradershas often featured at the topof the most-traded lists this year, notablyGameStopandAMC Entertainmentbut also favorites such as Virgin Galactic andBlackBerry.\nIt is undeniable that stocks are far more expensive than usual. But bubbles usually involve lots of volatility as they inflate, not a calm exterior and turmoil within, because every little price drop is magnified by others fearful that the bubble is about to pop. In 1999 there were at least nine drops of more than 5% in the S&P 500, and from its intraday peak in July to the October low it fell 13%.\nThis time the most obvious threat to stocks is the Federal Reserve, rather than the market’s overvaluation. If the Fed raises rates, cash and bonds suddenly look much more attractive, and the TINA justification for buying extraordinarily expensive stocks is undermined.\n“You’ve got lots of volatility within the market but not a lot of volatility of the market,” says Robert Buckland, chief global equity strategist at Citigroup. “If there’s an alternative to just owning the index that could change.”\nThis month’s Fed scare showed just how sensitive stock prices are when it turns out there is an alternative to stocks, of sorts. The Fedraised rates fractionally off the floorby offering 0.05% instead of 0% on its cash-absorbing reverse repurchase agreements, a kind of overnight secured deposit, and instantly sucked in $235 billion extra. Talk of rate increases coming in two years instead of the three previously projected added to pressure on stocks, and the S&P fell just over 2% in three days before resuming its upward climb.\nIf that was the reaction to the Fed just barely doing something close to nothing, imagine how scared the market would be if the Fed started a normal rate hiking cycle and made cash attractive again. It isn’t something I think is likely soon, but the number one threat that could bring the turmoil from the depths to the surface of this market is the Fed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123250827,"gmtCreate":1624426129369,"gmtModify":1703836325635,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Still relatively stronger compared to altcoins","listText":"Still relatively stronger compared to altcoins","text":"Still relatively stronger compared to altcoins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123250827","repostId":"2145069164","repostType":4,"repost":{"id":"2145069164","pubTimestamp":1624417950,"share":"https://ttm.financial/m/news/2145069164?lang=&edition=fundamental","pubTime":"2021-06-23 11:12","market":"sg","language":"en","title":"Bitcoin bounces back after tumbling below US$30,000 threshold","url":"https://stock-news.laohu8.com/highlight/detail?id=2145069164","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time si","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold\">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>Bitcoin bounces back after tumbling below US$30,000 threshold</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\">\nBitcoin bounces back after tumbling below US$30,000 threshold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 11:12 GMT+8 <a href=http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145069164","content_text":"NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original cryptocurrency closed out the New York trading session on Tuesday (June 22) marginally higher at around US$32,900, after falling as much as 12 per cent.\nThe wild ride continued subsequently, since Bitcoin trades around the clock, with the digital token tracking slightly lower again. It has lost more than 50 per cent from its mid-April high of almost US$65,000.\nThe coin started 2021 trading around US$29,000 following a fourfold increase last year.\nSuch trading signals \"that Bitcoin traders could find themselves in choppy waters for weeks to come\", said Mr Sean Rooney, head of research at crypto asset manager Valkyrie Investments.\nChart-watchers said Bitcoin, which failed to retake US$40,000 last week, could have a tough time finding support in the US$20,000 range following its drop below US$30,000. Still, Bitcoin had prior to Tuesday breached US$30,000 during at least five separate instances this year but recuperated to trade above that level each time.\n\"Any meaningful break below US$30,000 is going to make a lot of momentum players to throw in the towel,\" said Mr Matt Maley, chief market strategist for Miller Tabak + Co. \"Therefore, even if Bitcoin is going to change the world over the long term, it does not mean it cannot fall back into the teens over the short term.\"\nIt is a remarkable comedown for the digital asset which just weeks ago was trekking higher amid a warmer embrace from Wall Street as well as retail investors. But negative press about its energy use, brought on largely by Tesla's Elon Musk, as well as a clampdown from China have pushed it lower in recent weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166619145,"gmtCreate":1624005555787,"gmtModify":1703826352957,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Better safe than sorry. Endure guys! ","listText":"Better safe than sorry. Endure guys! ","text":"Better safe than sorry. Endure guys!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166619145","repostId":"1113093847","repostType":4,"repost":{"id":"1113093847","pubTimestamp":1624001134,"share":"https://ttm.financial/m/news/1113093847?lang=&edition=fundamental","pubTime":"2021-06-18 15:25","market":"sg","language":"en","title":"Singapore slows the pace of reopening as Covid cases haven't declined significantly","url":"https://stock-news.laohu8.com/highlight/detail?id=1113093847","media":"cnbc","summary":"SINGAPORE — Singapore's government said Friday it will further ease Covid-related restrictions next ","content":"<div>\n<p>SINGAPORE — Singapore's government said Friday it will further ease Covid-related restrictions next week, but at a slower pace than previously announced as local infections have not declined ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/covid-singapore-slows-pace-of-reopening-as-local-cases-stabilize.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Singapore slows the pace of reopening as Covid cases haven't declined significantly</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\">\nSingapore slows the pace of reopening as Covid cases haven't declined significantly\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 15:25 GMT+8 <a href=https://www.cnbc.com/2021/06/18/covid-singapore-slows-pace-of-reopening-as-local-cases-stabilize.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE — Singapore's government said Friday it will further ease Covid-related restrictions next week, but at a slower pace than previously announced as local infections have not declined ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/covid-singapore-slows-pace-of-reopening-as-local-cases-stabilize.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/18/covid-singapore-slows-pace-of-reopening-as-local-cases-stabilize.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1113093847","content_text":"SINGAPORE — Singapore's government said Friday it will further ease Covid-related restrictions next week, but at a slower pace than previously announced as local infections have not declined significantly.\nThe government startedrelaxing some measuresthis week, including increasing the limits on social gatherings and event attendees.\nIt said that starting Monday, \"higher-risk activities\" such as dining in and indoor mask-off sports and exercises will be allowed to resume in groups of two people — instead of five people as previously announced.\nBarring another super-spreader event or a big cluster of infections, the government will allow those activities for groups of up to five around mid-July.\nSingapore has to be cautious in resuming activities deemed to be of higher risks due to the more transmissible delta variant first detected in India, Health Minister Ong Ye Kung told reporters at a briefing.\nOng said that with a phased reopening, \"we buy time to get more people vaccinated, so the imperative now is to boost vaccinations.\"\nSingapore hasone of the fastest vaccination roll-outsin Asia-Pacific. Around 2.7 million people — or roughly 47% of the population — have received at least the first dose of Covid vaccine as of Monday,latest data by the health ministryshowed.\nThe country had largely controlled the spread of Covid until a flare-up in locally transmitted cases in end-April.Many of the recent cases were caused by the delta variant. The rise in cases forced the government totighten social-distancing measurestwice last month.\nDaily reported casesin the local community fell to single-digit levels for most of last week, but have stayed above 10 cases per day since Sunday as a major cluster of infections emerged around a wet market in southern Singapore.\nOverall, the Southeast Asian country has reported 34 deaths and more than 62,300 confirmed cases since the beginning of 2020 as of Thursday, health ministry data showed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161393331,"gmtCreate":1623903727523,"gmtModify":1703823125154,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Jd.com should have received more love from investors. Dun u all think so","listText":"Jd.com should have received more love from investors. Dun u all think so","text":"Jd.com should have received more love from investors. Dun u all think so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161393331","repostId":"2143794095","repostType":4,"repost":{"id":"2143794095","pubTimestamp":1623892525,"share":"https://ttm.financial/m/news/2143794095?lang=&edition=fundamental","pubTime":"2021-06-17 09:15","market":"us","language":"en","title":"Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought","url":"https://stock-news.laohu8.com/highlight/detail?id=2143794095","media":"Motley Fool","summary":"ARK Invest's star stock picker is scooping up promising stocks that are trading well below recent highs.","content":"<p>No one consistently lit up the market the way ARK Invest's Cathie Wood did last year. The ace stock picker saw her exchange-traded funds (ETFs) soar in 2020, but her collection of disruptive growth stocks has fallen out of favor since mid-February.</p>\n<p>Wood is making the most of the correction in dynamic companies. On Tuesday she increased her positions in <b>DraftKings</b> (NASDAQ:DKNG), <b>JD.com</b> (NASDAQ:JD), and <b><a href=\"https://laohu8.com/S/PATH\">UiPath</a></b> (NYSE:PATH). Let's take a closer look at her shopping list.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1cff5e8a545a25eace4bc6b4d22b6ac5\" tg-width=\"700\" tg-height=\"467\"><span>Image source: Getty Images.</span></p>\n<h2>DraftKings</h2>\n<p>Fantasy sports is a gateway drug to real-money wagering, and no <a href=\"https://laohu8.com/S/AONE.U\">one</a> is playing this game better than DraftKings. The platform that offers cash prizes for picking optimal starting league lineups is also using its popularity with competitive sports fans to prop up its growing sportsbook operations.</p>\n<p>Revenue rose 90% last year, a pretty amazing feat in a pandemic year where many seasons were delayed and shortened. Revenue soared 253% in the first quarter of this year, better-than-expected results even if the comparisons were going to be kind given the sporting world calamity that started in March of last year.</p>\n<p>DraftKings stock tumbled as much as 12% on Tuesday -- recovering to a more acceptable 4% decline by the close -- after becoming the latest short target of noted worrywart Hindenburg Research. The negative report alleges that one of the merger partners behind DraftKings hitting the market last year has a history of black-market gaming, money laundering, and organized crime. It could prove problematic if still relevant, but Wood apparently added to her DraftKings position during Tuesday's down day.</p>\n<h2>JD.com</h2>\n<p>Wood has been trimming her exposure to many of China's best-known growth stocks, but JD.com has been the exception. She has added to China's largest online retailer (in terms of revenue) on back-to-back trading days. It goes to show that investing in Chinese stocks isn't simply a matter of yes or no, as it's a more nuanced decision.</p>\n<p>Revenue growth decelerated to a 25% clip in 2019, but JD.com is starting to press down on the accelerator. Net revenue rose 29% last year, soaring 39% through the first three months of 2021. It's the kind of momentum you like to see in any growth stocks, and this is a good sign that -- despite unloading a lot of shares of Chinese growth stocks through May -- she's not giving up on the world's most populous nation.</p>\n<h2>UiPath</h2>\n<p>There are a couple of names scattered among Wood's ETFs that weren't even public when the year began. ARK Invest isn't afraid to buy into new issues while they still have that new stock smell, and that's where UiPath comes in. The provider of enterprise software for robotics went public at $56 just two months ago. The stock closed at $70 on Tuesday, but it was trading as high as $90 just three weeks ago. Wood doesn't let downticks sway her from investing in promising companies, and UiPath fits that bill.</p>\n<p>Revenue rose 81% in fiscal 2021, climbing 65% in the first quarter of fiscal 2022. UiPath isn't expected to turn a profit until 2024 at the earliest, but flush with nearly $1.9 billion in cash after its springtime IPO it has more than enough dry powder to stay in the fight until it gets there.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought</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\">\nCathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 09:15 GMT+8 <a href=https://www.fool.com/investing/2021/06/16/cathie-wood-goes-bargain-hunting-3-stocks-she-just/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one consistently lit up the market the way ARK Invest's Cathie Wood did last year. The ace stock picker saw her exchange-traded funds (ETFs) soar in 2020, but her collection of disruptive growth ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/cathie-wood-goes-bargain-hunting-3-stocks-she-just/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath","JD":"京东","DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/06/16/cathie-wood-goes-bargain-hunting-3-stocks-she-just/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143794095","content_text":"No one consistently lit up the market the way ARK Invest's Cathie Wood did last year. The ace stock picker saw her exchange-traded funds (ETFs) soar in 2020, but her collection of disruptive growth stocks has fallen out of favor since mid-February.\nWood is making the most of the correction in dynamic companies. On Tuesday she increased her positions in DraftKings (NASDAQ:DKNG), JD.com (NASDAQ:JD), and UiPath (NYSE:PATH). Let's take a closer look at her shopping list.\nImage source: Getty Images.\nDraftKings\nFantasy sports is a gateway drug to real-money wagering, and no one is playing this game better than DraftKings. The platform that offers cash prizes for picking optimal starting league lineups is also using its popularity with competitive sports fans to prop up its growing sportsbook operations.\nRevenue rose 90% last year, a pretty amazing feat in a pandemic year where many seasons were delayed and shortened. Revenue soared 253% in the first quarter of this year, better-than-expected results even if the comparisons were going to be kind given the sporting world calamity that started in March of last year.\nDraftKings stock tumbled as much as 12% on Tuesday -- recovering to a more acceptable 4% decline by the close -- after becoming the latest short target of noted worrywart Hindenburg Research. The negative report alleges that one of the merger partners behind DraftKings hitting the market last year has a history of black-market gaming, money laundering, and organized crime. It could prove problematic if still relevant, but Wood apparently added to her DraftKings position during Tuesday's down day.\nJD.com\nWood has been trimming her exposure to many of China's best-known growth stocks, but JD.com has been the exception. She has added to China's largest online retailer (in terms of revenue) on back-to-back trading days. It goes to show that investing in Chinese stocks isn't simply a matter of yes or no, as it's a more nuanced decision.\nRevenue growth decelerated to a 25% clip in 2019, but JD.com is starting to press down on the accelerator. Net revenue rose 29% last year, soaring 39% through the first three months of 2021. It's the kind of momentum you like to see in any growth stocks, and this is a good sign that -- despite unloading a lot of shares of Chinese growth stocks through May -- she's not giving up on the world's most populous nation.\nUiPath\nThere are a couple of names scattered among Wood's ETFs that weren't even public when the year began. ARK Invest isn't afraid to buy into new issues while they still have that new stock smell, and that's where UiPath comes in. The provider of enterprise software for robotics went public at $56 just two months ago. The stock closed at $70 on Tuesday, but it was trading as high as $90 just three weeks ago. Wood doesn't let downticks sway her from investing in promising companies, and UiPath fits that bill.\nRevenue rose 81% in fiscal 2021, climbing 65% in the first quarter of fiscal 2022. UiPath isn't expected to turn a profit until 2024 at the earliest, but flush with nearly $1.9 billion in cash after its springtime IPO it has more than enough dry powder to stay in the fight until it gets there.","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":175149178,"gmtCreate":1627016316994,"gmtModify":1703482516566,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Follow the grandmaster. It wont go wrong. Lol","listText":"Follow the grandmaster. It wont go wrong. Lol","text":"Follow the grandmaster. It wont go wrong. Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/175149178","repostId":"2153787206","repostType":4,"repost":{"id":"2153787206","pubTimestamp":1627011840,"share":"https://ttm.financial/m/news/2153787206?lang=&edition=fundamental","pubTime":"2021-07-23 11:44","market":"us","language":"en","title":"Warren Buffett Has Gained Over $181 Billion on These 5 Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2153787206","media":"Motley Fool","summary":"These five holdings account for 88% of Berkshire Hathaway's unrealized gains.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is arguably in a class of his own when it comes to investing legends. Since taking the helm of Berkshire Hathaway in 1965, the Oracle of Omaha has led his stock to an average annual return of 20%. Taking into account the 20% year-to-date gain for Berkshire's Class A shares (BRK.A), shareholders have seen Buffett generate aggregate returns of almost 3,400,000% in 56 years.</p>\n<p>Although Berkshire Hathaway has a relatively large portfolio filled with four dozen different securities, Buffett has never been a big fan of diversification. As a result, only a small number of holdings comprise the bulk of Berkshire Hathaway's $206.4 billion in unrealized gains, as of this past weekend.</p>\n<p>Based on the cost basis of Berkshire's major holdings (outlined in the company's 2020 annual shareholder letter), the following five stocks have netted Buffett $181.1 billion in combined unrealized gains (about 88% of all current unrealized profit), not including dividends paid.</p>\n<p><img src=\"https://static.tigerbbs.com/d28b3a8823057ce2bc2495cefe7ee3ff\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Berkshire Hathaway CEO Warren Buffett is all smiles with his company sitting on over $206 billion in unrealized gains. Image source: The Motley Fool.</p>\n<h3>Apple: $101,764,676,001 in unrealized gains</h3>\n<p>Easily the best investment of Buffett's tenured career is <b>Apple</b> (NASDAQ:AAPL). Even after modestly paring down his company's stake in the tech kingpin, Berkshire Hathaway still owns 907,559,761 shares at a cost basis of $34.26 a share. With Apple closing last week at $146.39 a share, the Oracle of Omaha and his team are sitting on close to a $102 billion unrealized gain.</p>\n<p>Investors certainly shouldn't look for this stake to be reduced any further anytime soon. That's because Buffett views Apple as Berkshire Hathaway's \"third business.\" It's a globally recognized brand with an exceptionally loyal following, as evidenced by the mammoth lines outside of its stores anytime a new product hits the shelves. And, as you're probably aware, the iPhone is the dominant smartphone by market share in the U.S.</p>\n<p>In addition to Apple being a product innovation juggernaut, CEO Tim Cook is overseeing a steady transition toward services. By emphasizing various subscription-based platforms, Apple can reduce some of the revenue lumpiness associated with tech replacement cycles and likely boost its operating margins.</p>\n<p>A final reason Buffett isn't bailing on Apple is the company's generous shareholder return program. Though some of you might be scratching your head given that Apple's dividend yield is \"only\" 0.6%, the $0.88 base annual payout is closer to 2.6% of Berkshire Hathaway's cost basis. Tack on Apple's aggressive share repurchase program and you have a very shareholder-friendly company.</p>\n<p><img src=\"https://static.tigerbbs.com/44a30c4dfd6886a29e22d3c6558c3e56\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Bank of America: $24,530,235,143 in unrealized gains</h3>\n<p>There's no industry on the planet Buffett loves more than bank stocks -- and there's no bank stock Buffett favors more than <b>Bank of America</b> (NYSE:BAC). Berkshire Hathaway owns over 1.03 billion shares of BofA with a cost basis of $14.17 a share. This works out to an unrealized gain of just over $24.5 billion, based on where BofA shares closed this past Friday, July 16.</p>\n<p>Buffett has always been a big fan of playing the economic numbers game, which is exactly what he's doing with Bank of America. Since the U.S. economy spends a disproportionate amount of time expanding, relative to contracting, bank stocks like BofA should benefit from stronger loan origination and higher net interest income. The Oracle of Omaha is fully aware that recessions are a natural part of the economic cycle, but he fully understands that the long term strongly favors optimists.</p>\n<p>More specific to the business, BofA stands to benefit from eventual interest rate hikes by the Federal Reserve. Bank of America is the most interest-sensitive of all the big banks, with the company noting in the June-ended quarter that a 100 basis point parallel shift in the interest rate yield curve would net it an extra $8 billion in net interest income over the next 12 months.</p>\n<p>With BofA pushing digitization initiatives and bolstering its dividend program, it's far likelier that Buffett ups his stake in the company than sells a single share.</p>\n<p><img src=\"https://static.tigerbbs.com/ed3e6a16841306014bf0cfc3b1697b23\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: American <a href=\"https://laohu8.com/S/EXPR\">Express</a>.</p>\n<h2>American Express: $24,488,160,264 in unrealized gains</h2>\n<p>Whereas the gains racked up in Apple and BofA have come within the past couple of years, the nearly $24.5 billion in unrealized gains in credit services behemoth <b>American Express</b> (NYSE:AXP) have been built up over the past 28 years. With a cost basis of right around $8.49 a share, Buffett's patience has paid off in a big way with AmEx.</p>\n<p>Similar to Bank of America, American Express is a cyclical company that benefits from the aforementioned numbers game. If the U.S. and global economy are expanding, consumers and businesses are more likely to spend more, thereby helping boost payment processing revenue and profits. Keep in mind, though, AmEx is a double dipper. In addition to processing payments, it's also a credit services provider. This means it can generate growing amounts of fee revenue and interest income during long-winded periods of expansion.</p>\n<p>Another facet to AmEx's success is the company's ability to bring in affluent clientele. The well-to-do are far less inclined to alter their spending habits when minor economic disruptions rear their heads. As a result, AmEx isn't as likely to be hurt by credit delinquencies as some of its lending peers.</p>\n<p>With Berkshire Hathaway an American Express shareholder since 1993, I don't foresee Buffett or his team selling shares anytime soon.</p>\n<p><img src=\"https://static.tigerbbs.com/299023e9f7694c143fc3162fbb154afa\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Coca-Cola.</p>\n<h3>Coca-Cola: $21,262,000,000 in unrealized gains</h3>\n<p>Speaking of tenured holdings, no stock has been a fixture in Buffett's portfolio for longer than beverage giant <b>Coca-Cola</b> (NYSE:KO). With a cost basis of a fraction under $3.25 a share, Buffett and his team have piled up almost $21.3 billion in unrealized gains by owning Coca-Cola since 1988.</p>\n<p>Like Apple, we're talking about a company with insanely strong branding and brand recognition. Coke products are sold in all but two countries worldwide (Cuba and North Korea), and it has more than 20 brands in its product portfolio generating at least $1 billion in annual sales. Coca-Cola enjoys the best of both worlds, with 20% of the developed market cold beverage share (i.e., highly predictable cash flow) and 10% of emerging market cold beverage share, which represents a higher-growth opportunity over the long run.</p>\n<p>Beyond geographic diversity, marketing is a big reason for Coca-Cola's success. The company has not been shy about turning to social media and well-known ambassadors to represent its brand, and it has clear holiday tie-ins that go back decades.</p>\n<p>Considering that Berkshire Hathaway is netting almost a 52% annual dividend yield based on its original cost basis for Coca-Cola, there's absolutely no incentive to sell this position.</p>\n<p><img src=\"https://static.tigerbbs.com/0405d7e87cf0321a7d9113d036c164a4\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Moody's: $9,076,258,024 in unrealized gains</h3>\n<p>While Apple singlehandedly takes the crown for generating the highest unrealized return in nominal dollars for the Oracle of Omaha, credit ratings agency <b>Moody's</b> (NYSE:MCO) might well be Warren Buffett's greatest investment on a percentage basis of all time. Berkshire's cost basis is $10.05 a share following Moody's spinoff from Dun & Bradstreet in 2000. Moody's closed this past week at almost $378 a share -- good enough for a 3,661% return and nearly $9.1 billion unrealized gain.</p>\n<p>One thing keeping Moody's busy is historically low lending rates. With the Federal Reserve standing pat for as long as possible on interest rates, businesses haven't been shy about issuing debt to hire, acquire, innovate, or even buy back stock, as in Apple's case. With so much corporate debt issued, Moody's has been active evaluating the debt landscape.</p>\n<p>Equally exciting has been the generally heightened levels of market volatility and economic uncertainty since the beginning of 2020. Though Moody's is best known for its credit ratings operations, its fastest-growing segment tends to be analytics. As long as deep levels of uncertainty exist, Moody's Analytics has double-digit annual growth potential.</p>\n<p>As with Coke, Buffett's patience has resulted in an insanely high yield on cost with Moody's. Despite a 0.7% nominal yield, Berkshire Hathaway is netting an almost 25% yield annually, based on its initial cost basis.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett Has Gained Over $181 Billion on These 5 Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett Has Gained Over $181 Billion on These 5 Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 11:44 GMT+8 <a href=https://www.fool.com/investing/2021/07/22/warren-buffett-gained-181-billion-these-5-stocks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is arguably in a class of his own when it comes to investing legends. Since taking the helm of Berkshire Hathaway in 1965, the Oracle of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/22/warren-buffett-gained-181-billion-these-5-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","MCO":"穆迪","BRK.B":"伯克希尔B","AAPL":"苹果","BRK.A":"伯克希尔","KO":"可口可乐","AXP":"美国运通"},"source_url":"https://www.fool.com/investing/2021/07/22/warren-buffett-gained-181-billion-these-5-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153787206","content_text":"Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett is arguably in a class of his own when it comes to investing legends. Since taking the helm of Berkshire Hathaway in 1965, the Oracle of Omaha has led his stock to an average annual return of 20%. Taking into account the 20% year-to-date gain for Berkshire's Class A shares (BRK.A), shareholders have seen Buffett generate aggregate returns of almost 3,400,000% in 56 years.\nAlthough Berkshire Hathaway has a relatively large portfolio filled with four dozen different securities, Buffett has never been a big fan of diversification. As a result, only a small number of holdings comprise the bulk of Berkshire Hathaway's $206.4 billion in unrealized gains, as of this past weekend.\nBased on the cost basis of Berkshire's major holdings (outlined in the company's 2020 annual shareholder letter), the following five stocks have netted Buffett $181.1 billion in combined unrealized gains (about 88% of all current unrealized profit), not including dividends paid.\n\nBerkshire Hathaway CEO Warren Buffett is all smiles with his company sitting on over $206 billion in unrealized gains. Image source: The Motley Fool.\nApple: $101,764,676,001 in unrealized gains\nEasily the best investment of Buffett's tenured career is Apple (NASDAQ:AAPL). Even after modestly paring down his company's stake in the tech kingpin, Berkshire Hathaway still owns 907,559,761 shares at a cost basis of $34.26 a share. With Apple closing last week at $146.39 a share, the Oracle of Omaha and his team are sitting on close to a $102 billion unrealized gain.\nInvestors certainly shouldn't look for this stake to be reduced any further anytime soon. That's because Buffett views Apple as Berkshire Hathaway's \"third business.\" It's a globally recognized brand with an exceptionally loyal following, as evidenced by the mammoth lines outside of its stores anytime a new product hits the shelves. And, as you're probably aware, the iPhone is the dominant smartphone by market share in the U.S.\nIn addition to Apple being a product innovation juggernaut, CEO Tim Cook is overseeing a steady transition toward services. By emphasizing various subscription-based platforms, Apple can reduce some of the revenue lumpiness associated with tech replacement cycles and likely boost its operating margins.\nA final reason Buffett isn't bailing on Apple is the company's generous shareholder return program. Though some of you might be scratching your head given that Apple's dividend yield is \"only\" 0.6%, the $0.88 base annual payout is closer to 2.6% of Berkshire Hathaway's cost basis. Tack on Apple's aggressive share repurchase program and you have a very shareholder-friendly company.\n\nImage source: Getty Images.\nBank of America: $24,530,235,143 in unrealized gains\nThere's no industry on the planet Buffett loves more than bank stocks -- and there's no bank stock Buffett favors more than Bank of America (NYSE:BAC). Berkshire Hathaway owns over 1.03 billion shares of BofA with a cost basis of $14.17 a share. This works out to an unrealized gain of just over $24.5 billion, based on where BofA shares closed this past Friday, July 16.\nBuffett has always been a big fan of playing the economic numbers game, which is exactly what he's doing with Bank of America. Since the U.S. economy spends a disproportionate amount of time expanding, relative to contracting, bank stocks like BofA should benefit from stronger loan origination and higher net interest income. The Oracle of Omaha is fully aware that recessions are a natural part of the economic cycle, but he fully understands that the long term strongly favors optimists.\nMore specific to the business, BofA stands to benefit from eventual interest rate hikes by the Federal Reserve. Bank of America is the most interest-sensitive of all the big banks, with the company noting in the June-ended quarter that a 100 basis point parallel shift in the interest rate yield curve would net it an extra $8 billion in net interest income over the next 12 months.\nWith BofA pushing digitization initiatives and bolstering its dividend program, it's far likelier that Buffett ups his stake in the company than sells a single share.\n\nImage source: American Express.\nAmerican Express: $24,488,160,264 in unrealized gains\nWhereas the gains racked up in Apple and BofA have come within the past couple of years, the nearly $24.5 billion in unrealized gains in credit services behemoth American Express (NYSE:AXP) have been built up over the past 28 years. With a cost basis of right around $8.49 a share, Buffett's patience has paid off in a big way with AmEx.\nSimilar to Bank of America, American Express is a cyclical company that benefits from the aforementioned numbers game. If the U.S. and global economy are expanding, consumers and businesses are more likely to spend more, thereby helping boost payment processing revenue and profits. Keep in mind, though, AmEx is a double dipper. In addition to processing payments, it's also a credit services provider. This means it can generate growing amounts of fee revenue and interest income during long-winded periods of expansion.\nAnother facet to AmEx's success is the company's ability to bring in affluent clientele. The well-to-do are far less inclined to alter their spending habits when minor economic disruptions rear their heads. As a result, AmEx isn't as likely to be hurt by credit delinquencies as some of its lending peers.\nWith Berkshire Hathaway an American Express shareholder since 1993, I don't foresee Buffett or his team selling shares anytime soon.\n\nImage source: Coca-Cola.\nCoca-Cola: $21,262,000,000 in unrealized gains\nSpeaking of tenured holdings, no stock has been a fixture in Buffett's portfolio for longer than beverage giant Coca-Cola (NYSE:KO). With a cost basis of a fraction under $3.25 a share, Buffett and his team have piled up almost $21.3 billion in unrealized gains by owning Coca-Cola since 1988.\nLike Apple, we're talking about a company with insanely strong branding and brand recognition. Coke products are sold in all but two countries worldwide (Cuba and North Korea), and it has more than 20 brands in its product portfolio generating at least $1 billion in annual sales. Coca-Cola enjoys the best of both worlds, with 20% of the developed market cold beverage share (i.e., highly predictable cash flow) and 10% of emerging market cold beverage share, which represents a higher-growth opportunity over the long run.\nBeyond geographic diversity, marketing is a big reason for Coca-Cola's success. The company has not been shy about turning to social media and well-known ambassadors to represent its brand, and it has clear holiday tie-ins that go back decades.\nConsidering that Berkshire Hathaway is netting almost a 52% annual dividend yield based on its original cost basis for Coca-Cola, there's absolutely no incentive to sell this position.\n\nImage source: Getty Images.\nMoody's: $9,076,258,024 in unrealized gains\nWhile Apple singlehandedly takes the crown for generating the highest unrealized return in nominal dollars for the Oracle of Omaha, credit ratings agency Moody's (NYSE:MCO) might well be Warren Buffett's greatest investment on a percentage basis of all time. Berkshire's cost basis is $10.05 a share following Moody's spinoff from Dun & Bradstreet in 2000. Moody's closed this past week at almost $378 a share -- good enough for a 3,661% return and nearly $9.1 billion unrealized gain.\nOne thing keeping Moody's busy is historically low lending rates. With the Federal Reserve standing pat for as long as possible on interest rates, businesses haven't been shy about issuing debt to hire, acquire, innovate, or even buy back stock, as in Apple's case. With so much corporate debt issued, Moody's has been active evaluating the debt landscape.\nEqually exciting has been the generally heightened levels of market volatility and economic uncertainty since the beginning of 2020. Though Moody's is best known for its credit ratings operations, its fastest-growing segment tends to be analytics. As long as deep levels of uncertainty exist, Moody's Analytics has double-digit annual growth potential.\nAs with Coke, Buffett's patience has resulted in an insanely high yield on cost with Moody's. Despite a 0.7% nominal yield, Berkshire Hathaway is netting an almost 25% yield annually, based on its initial cost basis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574468375375928","authorId":"3574468375375928","name":"Huatahhuat","avatar":"https://static.tigerbbs.com/b8efd6c9f11aac008947d35cb725e0a3","crmLevel":5,"crmLevelSwitch":0,"idStr":"3574468375375928","authorIdStr":"3574468375375928"},"content":"Still can? Not toO late ?","text":"Still can? Not toO late ?","html":"Still can? Not toO late ?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803752423,"gmtCreate":1627467057262,"gmtModify":1703490512564,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Why would elon musk want to buy AVTI??","listText":"Why would elon musk want to buy AVTI??","text":"Why would elon musk want to buy AVTI??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/803752423","repostId":"1181811581","repostType":2,"repost":{"id":"1181811581","pubTimestamp":1627466409,"share":"https://ttm.financial/m/news/1181811581?lang=&edition=fundamental","pubTime":"2021-07-28 18:00","market":"us","language":"en","title":"7 Potential Stocks for Elon Musk’s Buy List","url":"https://stock-news.laohu8.com/highlight/detail?id=1181811581","media":"InvestorPlace","summary":"These candidates to be Elon Musk's stocks appeal to a wide range of long-term investors. Elon Musk, founder of Tesla, has an overwhelming power on social media, giving momentum to assets and dictating the narrative in the market with a single tweet. With about 58 million devoted followers, he can trigger significant moves in specific stocks or cryptocurrencies. Let’s call them Elon Musk’s stocks.When Musk makes his comments, it’s often difficult to see whether he is just stirring controversy or ","content":"<p>These candidates to be Elon Musk's stocks appeal to a wide range of long-term investors</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/568523b37d06e5128f13ea9b9b4fdcaa\" tg-width=\"1024\" tg-height=\"576\" width=\"100%\" height=\"auto\"><span>Source: Pe3k / Shutterstock.com</span></p>\n<p>Elon Musk, founder of <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>), has an overwhelming power on social media, giving momentum to assets and dictating the narrative in the market with a single tweet. With about 58 million devoted followers, he can trigger significant moves in specific stocks or cryptocurrencies. Let’s call them Elon Musk’s stocks.</p>\n<p>When Musk makes his comments, it’s often difficult to see whether he is just stirring controversy or actually promoting certain investments.</p>\n<p>Regardless of his intentions, some stocks and cryptos have been affected by his words. We can expect others to either benefit or suffer from Musk’s influential words and actions in the future as well. Therefore, today I’ll discuss Elon Musk’s stocks and cryptos that could be among his favorites.</p>\n<p>These could appeal to a wide range of long-term investors. With that information, here are seven assets that could be candidates for Musk’s buy list:</p>\n<ul>\n <li><b>Activision Blizzard</b>(NASDAQ:<b>ATVI</b>)</li>\n <li><b>Chia Network</b>(CCC:<b>XCH-USD</b>)</li>\n <li><b>Dogecoin</b>(CCC:<b>DOGE-USD</b>)</li>\n <li><b>Etsy</b>(NASDAQ:<b>ETSY</b>)</li>\n <li><b>Procure Space ETF</b>(NASDAQ:<b>UFO</b>)</li>\n <li><b>Twitter</b> (NYSE:<b>TWTR</b>)</li>\n <li><b>Virgin Galactic</b>(NYSE:<b>SPCE</b>)</li>\n</ul>\n<p><b>Activision Blizzard (ATVI)</b></p>\n<p>Santa Monica, California-based Activision Blizzard is a well-known developer and publisher of interactive entertainment content and services. It develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC), and mobile devices.</p>\n<p>Popular video games of the company include<i>Call of Duty</i>,<i>World of Warcraft</i> and<i>Candy Crush</i>. Musk is known to enjoy playing video games. As a result, ATVI leads the list of candidates to be Elon Musk’s stocks.</p>\n<p>Activision released Q1 financials in early May. Total net revenue grew by 27% year-over-year (YOY) to $2.28 billion. Net income stood at $619 million, increasing 23% YOY. Non-GAAP EPS came in at 98 cents, up 29%. Cash and equivalents ended the quarter at $9.28 billion. Non-GAAP free cash flow soared 537% to $822 million.</p>\n<p>On the results, CEO Bobby Kotick said, “That relentless drive across our franchises produced strong first-quarter results that were well ahead of expectations. Our continued overperformance enables us to raise our outlook for the full year.”</p>\n<p>The company is targeting nearly $9 billion of annual sales this year, compared to $6.5 billion in 2019. Its video games continue to generate significant cash flow, as the company shifts to annual subscription services. Activision boasts profitable earnings and a strong balance sheet.</p>\n<p>ATVI stock price has failed to keep up with the market rally this year. It trades around $90, down 2% YTD. The shares are currently trading at a modest 25.38x forward earnings and 8.30x sales, creating a compelling opportunity to buy ATVI stock.</p>\n<p><b>Chia Network (XCH)</b></p>\n<p>TheChia Network was developed in 2017 by Bram Cohen, founder of <b>BitTorrent</b> (CCC:<b><u>BTT-USD</u></b>). He was concerned with the massive energy use involved in crypto mining. XCH-USD, its native currency, was launched in early May as a less energy-intensive altcoin than many of its peers.</p>\n<p>The mining process doesn’t require high-powered graphics processing units (GPUs). Instead, users can “farm” the coin through the unused storage of their laptops or desktops in exchange for XCH-USD rewards. Thus, Chia makes it easy for ordinary users to participate in the mining process without considerable investment. The farming process utilizes the “proof of space and time” protocol.</p>\n<p>The cryptocurrency uses almost 10,000 times less energy than required to mine Bitcoin.<b>Amazon’s</b> (NASDAQ:<b>AMZN</b>) Web Services has created a significant tailwind for Chia after allowing it to be mined on its cloud platform.</p>\n<p>Chia Network aspires to become a well-established trading and payment system used by banks, governments and other institutions.</p>\n<p>Launched right before the recent market sell-off in cryptos, the short trading history of XCH-USD has seen plenty of volatility. In the past month, the altcoin lost over 28% of its value. Musk has been vocal about environmental aspects of tokens and crypto-mining. Therefore, Chia could easily be on his radar.</p>\n<p><b>Dogecoin (DOGE)</b></p>\n<p>Dogecoinwas developed in late 2013 as a playful joke for cryptocurrency fans. The token takes its name from a once-popular meme. Despite its an unusual story,DOGE-USD exploded in popularity this year.</p>\n<p>Its market cap makes it the eighth-largest cryptocurrency. DOGE-USD has seen extremely volatile trading, thanks to its meme crypto status among users on <b>Reddit</b> and <b>TikTok</b>. Celebrities, such as Musk, affect these wild price swings as well. Musk’s tweets have helped to trigger a rally in DOGE-USD earlier in the year after he named Dogecoin the “people’s crypto.” He also announced that he’d plant a physical Dogecoin token on the moon.</p>\n<p>Unlike Bitcoin, Dogecoin is not designed as an optimal store of value, as there is no cap on the quantity of Dogecoins created by mining. As it is highly inflationary by design, crypto analysts see little incentive to hold DOGE-USD long term aside from its meme crypto value among retail investors.</p>\n<p>The altcoin uses the Scrypt algorithm that represents an energy-efficient approach to mining. It uses only 0.12 kilowatts of energy per hour (kWh) per transaction, lower than most of its peers.</p>\n<p>The social media hype boosted DOGE-USD almost by 4,000% YTD. It currently trades at about a quarter of its all-time high in May.</p>\n<p><b>Etsy (ETSY)</b></p>\n<p>New York-based Etsy retails handmade goods, vintage items, and crafted goods. Etsy found itself in the spotlight earlier this year when Musk instantaneously pushed the shares up 8% after tweeting“I kinda love Etsy.”He was referring to a hat he bought for his dog.</p>\n<p>Etsy reported first-quarter results in early May. Total revenue came at $550.6 million, up 142% YOY. The company reported a 132% increase in consolidated gross merchandise sales (GMS). Net income stood at $143.8 million, representing a breathtaking surge of more than 11-fold YOY. Diluted EPS was $1. Cash and equivalents ended the first quarter at $1.7 billion.</p>\n<p>During the first-quarter earnings call, management remarked that it was “laser-focused on driving frequency” and determining “buyer triggers.” CEO Josh Silverman said, “Last year, the world took notice of Etsy’s highly differentiated value proposition, and that incredible momentum has continued into the first quarter of 2021.”</p>\n<p>The company has captured a lucrative niche in e-commerce. Etsy recently announced its $1.63 billion acquisition of luxury apparel resale site <b>Depop</b>, the British secondhand fashion resale app, to benefit from the growing trend of young people who resell their clothes online. Depop is particularly popular among Gen Z, which should further improve Etsy’s prospects in the coming years. Additionally, the company announced its entry into Latin America with the acquisition of <b>Elo7</b>.</p>\n<p>ETSY stock is hovering around $200, up 12% YTD. In the past 12 months, ETSY shares gained more than 90%. The stock trades at a multiple of 69.44x forward earnings and 13.56x sales. Interested readers could consider buying the dips.</p>\n<p><b>Procure Space ETF (UFO)</b></p>\n<p>Unless you’ve been living on Mars, you’re likely to have seen the headlines on the “Billionaire space race.” In early July, Richard Branson soared on the space plane<i>VSS Unity</i>. Then on July 20, it was Amazon’s founder Jeff Bezos’s turn to leave Earth. His space company launched him, his brother and two others into space.</p>\n<p>And Musk is the third name on our list of space voyagers. His company,<b>SpaceX</b>, has big ambitions, which he hopes could mean living on Mars. Therefore, space is a theme Musk is likely to invest in.</p>\n<p>The Procure Space ETF buys shares of businesses involved in space-related industries. The fund began trading in April 2019. UFO currently has 35 holdings. About 75% of the companies are from the U.S. The rest come from France (5.58%), Canada (5.12%), Luxembourg (4.34%), Japan (3.96%) and several other countries.</p>\n<p>The communication services sector comprises the most significant slice at 44.31%. This is followed by industrials and information technology, with 32.68% and 15.03% respectively. The fund’s top 10 holdings account for almost half of total net assets of $132.3 million.</p>\n<p>The leading names in the fund include <b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>), mobile satellite service group<b> Globalstar</b> (NYSE:<b>GSAT</b>),<b>Maxar Technologies</b> (NYSE:<b>MAXR</b>), and communications services company <b>DISH Network</b>(NASDAQ:<b>DISH</b>).</p>\n<p>UFO has gained 43% in the past 12 months and returned almost 18% so far this year.</p>\n<p><b>Twitter (TWTR)</b></p>\n<p>Micro-blogging platform Twitter is where Musk communicates with millions who follow him. Twitter generates 90% of its revenue from advertising.</p>\n<p>The company released second-quarter results on July 22. Q2 revenue totaled $1.19 billion, an increase of 74% YOY. Adjusted net income came at $66 million, compared to an adjusted net loss of $277 million in the prior-year quarter. The company’s adjusted diluted net income per share stood at 8 cents, compared to adjusted diluted net loss per share of 35 cents in the prior-year quarter. And, adjusted free cash flow soared 171% YOY to $106 million.</p>\n<p>“Our increased shipping cadence contributed to reaching 206 million average monetizable DAU (mDAU) in Q2, up 11% year-over-year and 3% quarter-over-quarter,” CEO Jack Dorsey said. “There’s a tremendous opportunity to get the whole world to use Twitter.”</p>\n<p>Twitter’s Q2 results have beaten analysts’ estimates of 50% top-line growth. About 11% YOY growth in mDAU fell within market expectations, in spite of representing a minor deceleration in the critical metric.</p>\n<p>TWTR stock currently trades slightly above $73, up over 30% YTD. Forward P/E and P/S ratios are 82.97 and 14.69, respectively. Given the positive momentum, TWTR stock could easily appreciate further in the near term.</p>\n<p><b>Virgin Galactic (SPCE)</b></p>\n<p>Las Cruces, New Mexico-based Virgin Galactic is a pioneering aerospace company. The company made the news in the recent weeks as it launched its founder Branson into space. In June, the U.S. Federal Aviation Administration (FAA) awarded the company its “full commercial launch license” to start space tourism flights.</p>\n<p>Virgin Galactic released first-quarter results in May. The company reported a net loss of $130 million, compared to a $377 million net loss in the prior-year period. Net loss per diluted share stood at 55 cents. Cash and equivalents ended the quarter at $617 million.</p>\n<p>“We are committed to delivering one of the world’s most unique and transformational customer experiences, with safety at the core of everything we do,” CEO Michael Colglazier said.</p>\n<p>Virgin Galactic plans to start sending tourists to space in 2022. The company has sold 600 space tickets.</p>\n<p>However, analysts indicate that it could take a long time before investors see the company turn profits. Hence, the company recently announced plans to raise $500 million in new cash from a stock sale.</p>\n<p>SPCE stock surged to its 52-week high of $62.80 in February before plunging to $15 in mid-May. It currently trades around $30, up about 30% YTD.</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>7 Potential Stocks for Elon Musk’s Buy List</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Potential Stocks for Elon Musk’s Buy List\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 18:00 GMT+8 <a href=https://investorplace.com/2021/07/7-potential-stocks-for-elon-musks-buy-list/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These candidates to be Elon Musk's stocks appeal to a wide range of long-term investors\nSource: Pe3k / Shutterstock.com\nElon Musk, founder of Tesla(NASDAQ:TSLA), has an overwhelming power on social ...</p>\n\n<a href=\"https://investorplace.com/2021/07/7-potential-stocks-for-elon-musks-buy-list/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪","UFO":"Procure Space ETF","TWTR":"Twitter","SPCE":"维珍银河","ETSY":"Etsy, Inc."},"source_url":"https://investorplace.com/2021/07/7-potential-stocks-for-elon-musks-buy-list/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181811581","content_text":"These candidates to be Elon Musk's stocks appeal to a wide range of long-term investors\nSource: Pe3k / Shutterstock.com\nElon Musk, founder of Tesla(NASDAQ:TSLA), has an overwhelming power on social media, giving momentum to assets and dictating the narrative in the market with a single tweet. With about 58 million devoted followers, he can trigger significant moves in specific stocks or cryptocurrencies. Let’s call them Elon Musk’s stocks.\nWhen Musk makes his comments, it’s often difficult to see whether he is just stirring controversy or actually promoting certain investments.\nRegardless of his intentions, some stocks and cryptos have been affected by his words. We can expect others to either benefit or suffer from Musk’s influential words and actions in the future as well. Therefore, today I’ll discuss Elon Musk’s stocks and cryptos that could be among his favorites.\nThese could appeal to a wide range of long-term investors. With that information, here are seven assets that could be candidates for Musk’s buy list:\n\nActivision Blizzard(NASDAQ:ATVI)\nChia Network(CCC:XCH-USD)\nDogecoin(CCC:DOGE-USD)\nEtsy(NASDAQ:ETSY)\nProcure Space ETF(NASDAQ:UFO)\nTwitter (NYSE:TWTR)\nVirgin Galactic(NYSE:SPCE)\n\nActivision Blizzard (ATVI)\nSanta Monica, California-based Activision Blizzard is a well-known developer and publisher of interactive entertainment content and services. It develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC), and mobile devices.\nPopular video games of the company includeCall of Duty,World of Warcraft andCandy Crush. Musk is known to enjoy playing video games. As a result, ATVI leads the list of candidates to be Elon Musk’s stocks.\nActivision released Q1 financials in early May. Total net revenue grew by 27% year-over-year (YOY) to $2.28 billion. Net income stood at $619 million, increasing 23% YOY. Non-GAAP EPS came in at 98 cents, up 29%. Cash and equivalents ended the quarter at $9.28 billion. Non-GAAP free cash flow soared 537% to $822 million.\nOn the results, CEO Bobby Kotick said, “That relentless drive across our franchises produced strong first-quarter results that were well ahead of expectations. Our continued overperformance enables us to raise our outlook for the full year.”\nThe company is targeting nearly $9 billion of annual sales this year, compared to $6.5 billion in 2019. Its video games continue to generate significant cash flow, as the company shifts to annual subscription services. Activision boasts profitable earnings and a strong balance sheet.\nATVI stock price has failed to keep up with the market rally this year. It trades around $90, down 2% YTD. The shares are currently trading at a modest 25.38x forward earnings and 8.30x sales, creating a compelling opportunity to buy ATVI stock.\nChia Network (XCH)\nTheChia Network was developed in 2017 by Bram Cohen, founder of BitTorrent (CCC:BTT-USD). He was concerned with the massive energy use involved in crypto mining. XCH-USD, its native currency, was launched in early May as a less energy-intensive altcoin than many of its peers.\nThe mining process doesn’t require high-powered graphics processing units (GPUs). Instead, users can “farm” the coin through the unused storage of their laptops or desktops in exchange for XCH-USD rewards. Thus, Chia makes it easy for ordinary users to participate in the mining process without considerable investment. The farming process utilizes the “proof of space and time” protocol.\nThe cryptocurrency uses almost 10,000 times less energy than required to mine Bitcoin.Amazon’s (NASDAQ:AMZN) Web Services has created a significant tailwind for Chia after allowing it to be mined on its cloud platform.\nChia Network aspires to become a well-established trading and payment system used by banks, governments and other institutions.\nLaunched right before the recent market sell-off in cryptos, the short trading history of XCH-USD has seen plenty of volatility. In the past month, the altcoin lost over 28% of its value. Musk has been vocal about environmental aspects of tokens and crypto-mining. Therefore, Chia could easily be on his radar.\nDogecoin (DOGE)\nDogecoinwas developed in late 2013 as a playful joke for cryptocurrency fans. The token takes its name from a once-popular meme. Despite its an unusual story,DOGE-USD exploded in popularity this year.\nIts market cap makes it the eighth-largest cryptocurrency. DOGE-USD has seen extremely volatile trading, thanks to its meme crypto status among users on Reddit and TikTok. Celebrities, such as Musk, affect these wild price swings as well. Musk’s tweets have helped to trigger a rally in DOGE-USD earlier in the year after he named Dogecoin the “people’s crypto.” He also announced that he’d plant a physical Dogecoin token on the moon.\nUnlike Bitcoin, Dogecoin is not designed as an optimal store of value, as there is no cap on the quantity of Dogecoins created by mining. As it is highly inflationary by design, crypto analysts see little incentive to hold DOGE-USD long term aside from its meme crypto value among retail investors.\nThe altcoin uses the Scrypt algorithm that represents an energy-efficient approach to mining. It uses only 0.12 kilowatts of energy per hour (kWh) per transaction, lower than most of its peers.\nThe social media hype boosted DOGE-USD almost by 4,000% YTD. It currently trades at about a quarter of its all-time high in May.\nEtsy (ETSY)\nNew York-based Etsy retails handmade goods, vintage items, and crafted goods. Etsy found itself in the spotlight earlier this year when Musk instantaneously pushed the shares up 8% after tweeting“I kinda love Etsy.”He was referring to a hat he bought for his dog.\nEtsy reported first-quarter results in early May. Total revenue came at $550.6 million, up 142% YOY. The company reported a 132% increase in consolidated gross merchandise sales (GMS). Net income stood at $143.8 million, representing a breathtaking surge of more than 11-fold YOY. Diluted EPS was $1. Cash and equivalents ended the first quarter at $1.7 billion.\nDuring the first-quarter earnings call, management remarked that it was “laser-focused on driving frequency” and determining “buyer triggers.” CEO Josh Silverman said, “Last year, the world took notice of Etsy’s highly differentiated value proposition, and that incredible momentum has continued into the first quarter of 2021.”\nThe company has captured a lucrative niche in e-commerce. Etsy recently announced its $1.63 billion acquisition of luxury apparel resale site Depop, the British secondhand fashion resale app, to benefit from the growing trend of young people who resell their clothes online. Depop is particularly popular among Gen Z, which should further improve Etsy’s prospects in the coming years. Additionally, the company announced its entry into Latin America with the acquisition of Elo7.\nETSY stock is hovering around $200, up 12% YTD. In the past 12 months, ETSY shares gained more than 90%. The stock trades at a multiple of 69.44x forward earnings and 13.56x sales. Interested readers could consider buying the dips.\nProcure Space ETF (UFO)\nUnless you’ve been living on Mars, you’re likely to have seen the headlines on the “Billionaire space race.” In early July, Richard Branson soared on the space planeVSS Unity. Then on July 20, it was Amazon’s founder Jeff Bezos’s turn to leave Earth. His space company launched him, his brother and two others into space.\nAnd Musk is the third name on our list of space voyagers. His company,SpaceX, has big ambitions, which he hopes could mean living on Mars. Therefore, space is a theme Musk is likely to invest in.\nThe Procure Space ETF buys shares of businesses involved in space-related industries. The fund began trading in April 2019. UFO currently has 35 holdings. About 75% of the companies are from the U.S. The rest come from France (5.58%), Canada (5.12%), Luxembourg (4.34%), Japan (3.96%) and several other countries.\nThe communication services sector comprises the most significant slice at 44.31%. This is followed by industrials and information technology, with 32.68% and 15.03% respectively. The fund’s top 10 holdings account for almost half of total net assets of $132.3 million.\nThe leading names in the fund include Virgin Galactic(NYSE:SPCE), mobile satellite service group Globalstar (NYSE:GSAT),Maxar Technologies (NYSE:MAXR), and communications services company DISH Network(NASDAQ:DISH).\nUFO has gained 43% in the past 12 months and returned almost 18% so far this year.\nTwitter (TWTR)\nMicro-blogging platform Twitter is where Musk communicates with millions who follow him. Twitter generates 90% of its revenue from advertising.\nThe company released second-quarter results on July 22. Q2 revenue totaled $1.19 billion, an increase of 74% YOY. Adjusted net income came at $66 million, compared to an adjusted net loss of $277 million in the prior-year quarter. The company’s adjusted diluted net income per share stood at 8 cents, compared to adjusted diluted net loss per share of 35 cents in the prior-year quarter. And, adjusted free cash flow soared 171% YOY to $106 million.\n“Our increased shipping cadence contributed to reaching 206 million average monetizable DAU (mDAU) in Q2, up 11% year-over-year and 3% quarter-over-quarter,” CEO Jack Dorsey said. “There’s a tremendous opportunity to get the whole world to use Twitter.”\nTwitter’s Q2 results have beaten analysts’ estimates of 50% top-line growth. About 11% YOY growth in mDAU fell within market expectations, in spite of representing a minor deceleration in the critical metric.\nTWTR stock currently trades slightly above $73, up over 30% YTD. Forward P/E and P/S ratios are 82.97 and 14.69, respectively. Given the positive momentum, TWTR stock could easily appreciate further in the near term.\nVirgin Galactic (SPCE)\nLas Cruces, New Mexico-based Virgin Galactic is a pioneering aerospace company. The company made the news in the recent weeks as it launched its founder Branson into space. In June, the U.S. Federal Aviation Administration (FAA) awarded the company its “full commercial launch license” to start space tourism flights.\nVirgin Galactic released first-quarter results in May. The company reported a net loss of $130 million, compared to a $377 million net loss in the prior-year period. Net loss per diluted share stood at 55 cents. Cash and equivalents ended the quarter at $617 million.\n“We are committed to delivering one of the world’s most unique and transformational customer experiences, with safety at the core of everything we do,” CEO Michael Colglazier said.\nVirgin Galactic plans to start sending tourists to space in 2022. The company has sold 600 space tickets.\nHowever, analysts indicate that it could take a long time before investors see the company turn profits. Hence, the company recently announced plans to raise $500 million in new cash from a stock sale.\nSPCE stock surged to its 52-week high of $62.80 in February before plunging to $15 in mid-May. It currently trades around $30, up about 30% YTD.","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839481001,"gmtCreate":1629173680603,"gmtModify":1676529953754,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Morgan Stanley should hire this guy as analyst instead","listText":"Morgan Stanley should hire this guy as analyst instead","text":"Morgan Stanley should hire this guy as analyst instead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/839481001","repostId":"1162723925","repostType":4,"repost":{"id":"1162723925","pubTimestamp":1629170609,"share":"https://ttm.financial/m/news/1162723925?lang=&edition=fundamental","pubTime":"2021-08-17 11:23","market":"us","language":"en","title":"Micron Technology: Winter May Be Coming, But Not This Year... Nor The Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1162723925","media":"seekingalpha","summary":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just ","content":"<p><b>Summary</b></p>\n<ul>\n <li>The Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>The report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.</li>\n <li>The report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72f0a26068ce9a56688977e5a0dd9578\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>borisyankov/E+ via Getty Images</span></p>\n<p>Morgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.</p>\n<p>Morgan Stanley noted that</p>\n<blockquote>\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n</blockquote>\n<p>Micron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/ea0b20556a40eb39c18b7aa1ed295e1c\" tg-width=\"634\" tg-height=\"416\" referrerpolicy=\"no-referrer\"></p>\n<p>Chart 1</p>\n<p>This article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.</p>\n<p><b>Morgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM</b></p>\n<p>The first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “<i>Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"</i></p>\n<p><img src=\"https://static.tigerbbs.com/0b40e66f4b73b27303075791c19fe36f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 2</p>\n<p><b>#2 Increased DRAM content per PC</b></p>\n<p>The 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.</p>\n<p>Chart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.</p>\n<p>Prior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.</p>\n<p><img src=\"https://static.tigerbbs.com/5732cd4948d7209d76ccb4f7628560ab\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 3</p>\n<p>Thus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.</p>\n<p><img src=\"https://static.tigerbbs.com/7c21d24f41f7f77bc00c62ed82b44f62\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 4</p>\n<p><b>#3 Spot ASPs are Different than Contract ASPs</b></p>\n<p>Chart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.</p>\n<p><img src=\"https://static.tigerbbs.com/b5a2774dcaff2d53edd141e0cc1e2d13\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Chart 5</p>\n<p>Why they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.</p>\n<p>Importantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.</p>\n<p><b>#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)</b></p>\n<p>Also note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.</p>\n<p>This bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.</p>\n<p>TrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.</p>\n<p>However, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.</p>\n<blockquote>\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n</blockquote>\n<p>Spot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:</p>\n<blockquote>\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n</blockquote>\n<p>About 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.</p>\n<p>Both these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.</p>\n<p>Back to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).</p>\n<p>Comparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.</p>\n<p><img src=\"https://static.tigerbbs.com/7d56577da5391c86374739262f773c7f\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 6</p>\n<p>Chart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.</p>\n<p><img src=\"https://static.tigerbbs.com/be8f41d833e46a0145982559a7e23732\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Chart 7</p>\n<p><b>Investor Takeaway</b></p>\n<p>The recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:</p>\n<ul>\n <li>PC DRAM ASPs that represent just 15% of the total DRAM demand.</li>\n <li>A drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).</li>\n <li>Failure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.</li>\n <li>DRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.</li>\n</ul>\n<p>Strong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.</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>Micron Technology: Winter May Be Coming, But Not This Year... 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Nor The Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 11:23 GMT+8 <a href=https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4449857-micron-technology-winter-may-be-coming-but-not-this-year-nor-the-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162723925","content_text":"Summary\n\nThe Morgan Stanley downgrade of Memory chips was based on PC DRAM ASPs that represent just 15% of the total DRAM demand.\nThe report addressed dropping PC sales, but failed to recognize that DRAM content per PC is increasing each year.\nThe report focuses on DRAM spot prices, instead of contract prices that make up 90% of supplier ASPs.\n\nborisyankov/E+ via Getty Images\nMorgan Stanley analysts downgraded Micron(NASDAQ:MU)to equal weight from overweight, in their industry report titled, “Memory - Winter Is Coming.\" MS cautioned of a coming cool down in the DRAM memory business that could lead to lower DRAM prices.\nMorgan Stanley noted that\n\n “DRAM conditions are losing steam, and our inflection signposts suggest caution from here there’s been a change from mid-cycle to late cycle, and that this phase-change has historically meant a challenging backdrop for forward returns.”\n\nMicron Technology’sstock had its worst single-day percentage decline since March 16, 2020, when it fell 19.8%. MU's stock price for the past year is shown in Chart 1, illustrating the sell-off in the past few days coupled with a drop of more than 25% since reaching a high on April 12, 2021.\n\nChart 1\nThis article presents data that refutes the underlying case presented by Morgan Stanley that worsening DRAM demand is contributing to an acceleration of the end of the current memory upcycle leading to the start of a down cycle in 1Q 2022.\nMorgan Stanley’s Misinterpretation of Data#1 Small Percentage of PC DRAM\nThe first point is the emphasis by Morgan Stanley on PC DRAM price erosion as a harbinger for the downturn in the DRAM market. Why? Because PCs represent just 15% of the demand for DRAMs,as shown in Chart 2, according to our report entitled “Hot ICs: A Market Analysis of Artificial Intelligence, 5G, CMOS Image Sensors, and Memory Chips.\"\nChart 2\n#2 Increased DRAM content per PC\nThe 15% DRAM demand for PCs is hardly enough to cause a stop in the memory cycle. But that's beside the point. Morgan Stanley overlooks the fact that DRAM content per PC increases each year even if the PC market has slowed.\nChart 3 shows that PC unit shipments between 2015 and 2023. Indeed, my forecast shows that PCs will decrease in 2022 and 2023, but the decrease is due to a normalization of PC demand following the extraordinary demand for PCs during the work/study/stay-at-home orders associated with the COVID pandemic in 2020 that carried over into 2021.\nPrior to 2020, the PC market was decreasing, and I anticipate a corresponding return normalcy with a decrease of a few percent per year in 2022 and 2023. I estimate that DRAM content per PC will increase from 5.5 GB in 2015 to 14 GB in 2023. That’s an increase of 2.5 times during this period.\n\nChart 3\nThus, although PC units will decrease, DRAM content will increase during the next two years. But factoring in the increase in DRAM content per PC, we see in Chart 4 a much different growth in DRAMs.\nChart 4\n#3 Spot ASPs are Different than Contract ASPs\nChart 5 shows DRAM data comparison for Spot ASPs vs Contract ASPs. The entire rationale for the TrendForce and Morgan Stanley reports is the drop in spot prices in 2021, and the resultant end of the current memory cycle.\nChart 5\nWhy they chose the drop in spot prices as the catalyst for the end of the cycle vs. the increase in contract prices as a catalyst for strong memory growth is irrational and illogical.\nImportantly, there's no correlation between PC sales (Chart 3) and prices (Chart 5). In Chart 3, PC sales were at their lowest period (2017 and 2018) while ASPs were at their highest. Thus, there's an inverse relationship between PC sales and ASPs, not a direct relationship that would add credibility to the MS forecast.\n#4 Spot ASPs Are a Function of Fear, Uncertainty, and Doubt (FUD Factor)\nAlso note that Chart 5 shows that spot and contract prices tracked between October 2016 and the end of 2000. A bifurcation in spot vs contract prices then took place in which spot prices escalated and then collapsed, while contract prices continued a strong growth with no abatement.\nThis bifurcation is clearly the result of the “semiconductor shortage” in which prices on the spot market have risen as a result of a perceived shortage of memory that has been interpreted as impacting not only automobiles, but every application using chips.\nTrendForce attempted to explain the shortage is due to stockpiling by PC suppliers, and I agree, which I also attributed to the DRAM collapse in 2000.I discussed stockpiling and hoarding as a major factor in 2000 and 2020, in a June 24, 2021 Semiconductor Deep Dive Marketplace newsletter articlehere.\nHowever, TrendForce’s statement in its press release of downward pressure on price hikes runs counter to the data in Chart 5 that contract prices have continued to increase unabated.\n\n “Regarding the contract market, PC OEMs currently carry relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage. Not only has PC OEMs’ high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of COVID-related restrictions in Europe and the US will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM.”\n\nSpot prices are based on what a buyer is willing to pay for an item with an undercurrent of fear, uncertainty, and doubt. For example, in my June 19, 2021, SA article entitled \"Micron Technology: No Shortage, Strong Growth, Period,\" from a commenter:\n\n \"And, to lend credence to your microcontroller hypothesis, we recently were told that we would not be able to get a $3 micro for one of our existing products. I don't know if it was a direct result of the Renesas fire or not. But when we looked at the spot market we were quoted $81 for that part (that's not a typo). So now we have to re-design that board to use a different part.\"\n\nAbout 10 years ago, I was an \"expert witness\" in a solar cell litigation case, and the basis of the complaint was the fact that spot silicon prices increased from $35 per metric ton to more than $500 per metric ton in a period of a few weeks because of silicon shortages. Once silicon manufacturers started making more silicon, prices dropped.\nBoth these examples illustrate that spot prices have no direct bearing on real (contract) prices, and are often transitory.\nBack to the erroneous thesis that a DRAM cycle will end based on spot prices, I show supportive data in Chart 6 that suggests their data is wrong. This chart shows DRAM ASPs as reported directly from Micron, Samsung Electronics(OTC:SSNLF)and SK Hynix(OTC:HXSCL).\nComparing Chart 5 and Chart 6, it is clear that data directly from the DRAM suppliers matches the positive contract prices and not spot prices. Readers must remember also that spot prices represent only 10% of the DRAM prices paid by customers. Contract prices represent 90% of actual prices.\n\nChart 6\nChart 7 shows memory ASPs on a three-month moving average from the SIA (Semiconductor Industry Association). Again, comparing Chart 7 with Chart 5, it is clear that the contract prices are the more valid metric.\n\nChart 7\nInvestor Takeaway\nThe recent press release from TrendForce and a report a day later by Morgan Stanley is based in data that's irrational and illogical. Their analysis is based on:\n\nPC DRAM ASPs that represent just 15% of the total DRAM demand.\nA drop in PC sales, which have been in decline and only increased due to the pandemic, but low PC sales correlate with high ASPs (Charts 3 and 5).\nFailure to recognize that DRAM content per PC is increasing each year and that metric shows no abatement in growth.\nDRAM spot prices instead of contract prices, the latter of which correlate with reporting data supplied by DRAM manufacturer.\n\nStrong demand for memory chips will continue through 2023 as supply is held in check not by shortages but judicious capex spend. The strong demand for memory chips such as 5G, servers, and EVs present a continuing tailwind for Micron Technology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":737,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127582278,"gmtCreate":1624856798494,"gmtModify":1703846339800,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Agree..","listText":"Agree..","text":"Agree..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127582278","repostId":"1177492181","repostType":4,"repost":{"id":"1177492181","pubTimestamp":1624849703,"share":"https://ttm.financial/m/news/1177492181?lang=&edition=fundamental","pubTime":"2021-06-28 11:08","market":"us","language":"en","title":"The Stock Market Hasn’t Been This Placid in Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1177492181","media":"WSJ","summary":"The U.S. stock marketis as calm as can beon the surface, while churning underneath more than it has ","content":"<p>The U.S. stock marketis as calm as can beon the surface, while churning underneath more than it has in decades.</p>\n<p>The S&P 500 is so quiet it is almost disconcerting. The index hasn’t had a 5% correction based on closing prices since the end of October; no wonder the new day traders who started buying shares in lockdown think the market only goes up. The last time the S&P was this serene for so long was in 2017, a period of calm that ended with the volatility crash early in 2018—although back then it was even quieter for much longer.</p>\n<p>Yet, look at the performance of types of stocks, and they have been swinging around much more than they usually do. Investors have been switching their bets between industries at a pace not seen outside of crises; March brought the biggest gap between the best and worst-performing sectors since 2002.</p>\n<p>The link between moves in growth stocks and cheap “value” stocks is the weakest—measured by the correlation—since 1995; investors are using them as proxies for betting for or against economic recovery.</p>\n<p>Meanwhile, big and small stocks last moved so independently of each other during the dot-com bubble of 2000, never a reassuring sign.</p>\n<p>I think this is another aspect of TINA: There Is No Alternative to stocks. With Treasurys, corporate bonds and cashoffering meager or zero return, stocks offer the best hope of gains. Investors who would previously have shifted money from stocks to bonds or vice versa now just switch from one sort of stock to another—so falls in one are offset by gains in another.</p>\n<p>There is no guarantee that it continues this way, of course. Bring enough fear into play and investors will bolt for the exits no matter how low cash yields are, just as they did in March last year. But while times seem pretty good, it is hard to justify buying a long-dated bond yielding far less than inflation. And times do seem pretty good.</p>\n<p>A widespread theory among those of a cautious disposition is that stocks just keep going up because a massive bubble has been inflated by cheap money and government stimulus. Stocks haven’t been so expensive since 2000, while a bubble mentality is obvious in the wild overtrading of fashionable stocks. A cluster of small stocks popular with retail tradershas often featured at the topof the most-traded lists this year, notablyGameStopandAMC Entertainmentbut also favorites such as Virgin Galactic andBlackBerry.</p>\n<p>It is undeniable that stocks are far more expensive than usual. But bubbles usually involve lots of volatility as they inflate, not a calm exterior and turmoil within, because every little price drop is magnified by others fearful that the bubble is about to pop. In 1999 there were at least nine drops of more than 5% in the S&P 500, and from its intraday peak in July to the October low it fell 13%.</p>\n<p>This time the most obvious threat to stocks is the Federal Reserve, rather than the market’s overvaluation. If the Fed raises rates, cash and bonds suddenly look much more attractive, and the TINA justification for buying extraordinarily expensive stocks is undermined.</p>\n<p>“You’ve got lots of volatility within the market but not a lot of volatility of the market,” says Robert Buckland, chief global equity strategist at Citigroup. “If there’s an alternative to just owning the index that could change.”</p>\n<p>This month’s Fed scare showed just how sensitive stock prices are when it turns out there is an alternative to stocks, of sorts. The Fedraised rates fractionally off the floorby offering 0.05% instead of 0% on its cash-absorbing reverse repurchase agreements, a kind of overnight secured deposit, and instantly sucked in $235 billion extra. Talk of rate increases coming in two years instead of the three previously projected added to pressure on stocks, and the S&P fell just over 2% in three days before resuming its upward climb.</p>\n<p>If that was the reaction to the Fed just barely doing something close to nothing, imagine how scared the market would be if the Fed started a normal rate hiking cycle and made cash attractive again. It isn’t something I think is likely soon, but the number one threat that could bring the turmoil from the depths to the surface of this market is the Fed.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Stock Market Hasn’t Been This Placid in Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Stock Market Hasn’t Been This Placid in Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 11:08 GMT+8 <a href=https://www.wsj.com/articles/the-stock-market-hasnt-been-this-placid-in-years-11624740199?mod=itp_wsj><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. stock marketis as calm as can beon the surface, while churning underneath more than it has in decades.\nThe S&P 500 is so quiet it is almost disconcerting. The index hasn’t had a 5% correction...</p>\n\n<a href=\"https://www.wsj.com/articles/the-stock-market-hasnt-been-this-placid-in-years-11624740199?mod=itp_wsj\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.wsj.com/articles/the-stock-market-hasnt-been-this-placid-in-years-11624740199?mod=itp_wsj","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177492181","content_text":"The U.S. stock marketis as calm as can beon the surface, while churning underneath more than it has in decades.\nThe S&P 500 is so quiet it is almost disconcerting. The index hasn’t had a 5% correction based on closing prices since the end of October; no wonder the new day traders who started buying shares in lockdown think the market only goes up. The last time the S&P was this serene for so long was in 2017, a period of calm that ended with the volatility crash early in 2018—although back then it was even quieter for much longer.\nYet, look at the performance of types of stocks, and they have been swinging around much more than they usually do. Investors have been switching their bets between industries at a pace not seen outside of crises; March brought the biggest gap between the best and worst-performing sectors since 2002.\nThe link between moves in growth stocks and cheap “value” stocks is the weakest—measured by the correlation—since 1995; investors are using them as proxies for betting for or against economic recovery.\nMeanwhile, big and small stocks last moved so independently of each other during the dot-com bubble of 2000, never a reassuring sign.\nI think this is another aspect of TINA: There Is No Alternative to stocks. With Treasurys, corporate bonds and cashoffering meager or zero return, stocks offer the best hope of gains. Investors who would previously have shifted money from stocks to bonds or vice versa now just switch from one sort of stock to another—so falls in one are offset by gains in another.\nThere is no guarantee that it continues this way, of course. Bring enough fear into play and investors will bolt for the exits no matter how low cash yields are, just as they did in March last year. But while times seem pretty good, it is hard to justify buying a long-dated bond yielding far less than inflation. And times do seem pretty good.\nA widespread theory among those of a cautious disposition is that stocks just keep going up because a massive bubble has been inflated by cheap money and government stimulus. Stocks haven’t been so expensive since 2000, while a bubble mentality is obvious in the wild overtrading of fashionable stocks. A cluster of small stocks popular with retail tradershas often featured at the topof the most-traded lists this year, notablyGameStopandAMC Entertainmentbut also favorites such as Virgin Galactic andBlackBerry.\nIt is undeniable that stocks are far more expensive than usual. But bubbles usually involve lots of volatility as they inflate, not a calm exterior and turmoil within, because every little price drop is magnified by others fearful that the bubble is about to pop. In 1999 there were at least nine drops of more than 5% in the S&P 500, and from its intraday peak in July to the October low it fell 13%.\nThis time the most obvious threat to stocks is the Federal Reserve, rather than the market’s overvaluation. If the Fed raises rates, cash and bonds suddenly look much more attractive, and the TINA justification for buying extraordinarily expensive stocks is undermined.\n“You’ve got lots of volatility within the market but not a lot of volatility of the market,” says Robert Buckland, chief global equity strategist at Citigroup. “If there’s an alternative to just owning the index that could change.”\nThis month’s Fed scare showed just how sensitive stock prices are when it turns out there is an alternative to stocks, of sorts. The Fedraised rates fractionally off the floorby offering 0.05% instead of 0% on its cash-absorbing reverse repurchase agreements, a kind of overnight secured deposit, and instantly sucked in $235 billion extra. Talk of rate increases coming in two years instead of the three previously projected added to pressure on stocks, and the S&P fell just over 2% in three days before resuming its upward climb.\nIf that was the reaction to the Fed just barely doing something close to nothing, imagine how scared the market would be if the Fed started a normal rate hiking cycle and made cash attractive again. It isn’t something I think is likely soon, but the number one threat that could bring the turmoil from the depths to the surface of this market is the Fed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899016355,"gmtCreate":1628141903777,"gmtModify":1703502005897,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Huat!","listText":"Huat!","text":"Huat!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899016355","repostId":"1183934326","repostType":4,"repost":{"id":"1183934326","pubTimestamp":1628140836,"share":"https://ttm.financial/m/news/1183934326?lang=&edition=fundamental","pubTime":"2021-08-05 13:20","market":"us","language":"en","title":"Robinhood's 126% post-IPO rally puts its founders within reach of a $1.4 billion stock payout","url":"https://stock-news.laohu8.com/highlight/detail?id=1183934326","media":"Markets Insider","summary":"Robinhood co-founders Baiju Bhatt (left) and Vlad Tenev.\n\nRobinhood's post IPO rally of as much as 1","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ebea8ef44433d4792daec9801d33fc7\" tg-width=\"790\" tg-height=\"395\" width=\"100%\" height=\"auto\"><span>Robinhood co-founders Baiju Bhatt (left) and Vlad Tenev.</span></p>\n<ul>\n <li><b>Robinhood's post IPO rally of as much as 126% put its founders within reach of a $1.4 billion payout.</b></li>\n <li><b>Co-founders Vlad Tenev and Baiju Bhatt stand to receive 13.8 million shares if Robinhood's stock price closes above $101.50 by 2025.</b></li>\n <li><b>Shares of Robinhood hit an intra-day high of $85 on Wednesday, just 19% below the award price.</b></li>\n</ul>\n<p>A wild post-IPO rally in shares of Robinhood this week put its co-founders within reach of a $1.4 billion stock payout, according to the company's S-1 filing.</p>\n<p>Vlad Tenev and Baiju Bhatt stand to each receive 13.8 million shares if Robinhood's stock price closes above $101.50 by 2025 for an extended period of time. Shares of Robinhood hit an intra-day high of $85 on Wednesday, just 19% below the price needed for Tenev and Bhatt to unlock their stock award.</p>\n<p>The $101.50 price hurdle is based on the average of the daily volume weighted average of Robinhood's stock price for each day over a consecutive 60-day trading period.</p>\n<p>Robinhood stumbled in its IPO debut last week,with shares falling as much as 12%,but the stock has since staged an impressive rebound and recovered all of its losses and then some. The online trading app staged a two-day rally of as much as 126% on Tuesday and Wednesday.</p>\n<p>The 13.8 million restrictive stock units were granted to both founders in 2013, but the award terms were revised in May to extend the deadline of the award to 2025. Under the original plan, Tenev and Bhatt would have only received 20% of the stock award if at the time of IPO shares were priced between $30.45 and $50.75, according to the filing.</p>\n<p>The company priced its IPO at $38 per share, meaning Tenev and Bhatt would have only received 20% of their stock award if the terms weren't revised.</p>\n<p>Tenev and Bhatt also stand to receive millions of more Robinhood shares if their stock price eventually trades up to $300 per share by the end of this decade. The co-founders were granted an additional RSU equity award, 22 million shares for Tenev and 13 million shares of Bhatt, if the stock price hit a number of price hurdles, starting at $120 and moving up in increments of $30 until topping out at $300.</p>\n<p>All in all, if successful, the equity awards for Tenev and Bhatt could be worth up to $10.8 billion and $8.1 billion, respectively, assuming both co-founders don't sell a single share of their accumulated equity awards after the last tranche is granted at the $300 per share level.</p>\n<p>\"The 2021 Market-Based RSUs are designed to incentivize the Co-Founders toward further growing our share price over and above the price hurdles applicable to the 2019 Market-Based RSUs,\" Robinhood said in the filing.</p>\n<p>In April, Robinhood reduced the annual salary of Tenev and Bhatt to $34,248, which is the 2019 median wage of US workers. Both were previously paid a base salary of $400,000.</p>\n<p>Tenev and Bhatt founded Robinhood in 2013. The company has seen its business explode as millions of Americans began investing in the stock market amid the COVID-19 pandemic and government stimulus checks. Epic rallies in dogecoin and meme-stocks like GameStop and AMC Entertainment have also boosted its business in recent months.</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>Robinhood's 126% post-IPO rally puts its founders within reach of a $1.4 billion stock payout</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\">\nRobinhood's 126% post-IPO rally puts its founders within reach of a $1.4 billion stock payout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 13:20 GMT+8 <a href=https://markets.businessinsider.com/news/stocks/robinhood-stock-price-ipo-rally-founders-closer-1-billion-payout-2021-8><strong>Markets Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Robinhood co-founders Baiju Bhatt (left) and Vlad Tenev.\n\nRobinhood's post IPO rally of as much as 126% put its founders within reach of a $1.4 billion payout.\nCo-founders Vlad Tenev and Baiju Bhatt ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/robinhood-stock-price-ipo-rally-founders-closer-1-billion-payout-2021-8\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://markets.businessinsider.com/news/stocks/robinhood-stock-price-ipo-rally-founders-closer-1-billion-payout-2021-8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183934326","content_text":"Robinhood co-founders Baiju Bhatt (left) and Vlad Tenev.\n\nRobinhood's post IPO rally of as much as 126% put its founders within reach of a $1.4 billion payout.\nCo-founders Vlad Tenev and Baiju Bhatt stand to receive 13.8 million shares if Robinhood's stock price closes above $101.50 by 2025.\nShares of Robinhood hit an intra-day high of $85 on Wednesday, just 19% below the award price.\n\nA wild post-IPO rally in shares of Robinhood this week put its co-founders within reach of a $1.4 billion stock payout, according to the company's S-1 filing.\nVlad Tenev and Baiju Bhatt stand to each receive 13.8 million shares if Robinhood's stock price closes above $101.50 by 2025 for an extended period of time. Shares of Robinhood hit an intra-day high of $85 on Wednesday, just 19% below the price needed for Tenev and Bhatt to unlock their stock award.\nThe $101.50 price hurdle is based on the average of the daily volume weighted average of Robinhood's stock price for each day over a consecutive 60-day trading period.\nRobinhood stumbled in its IPO debut last week,with shares falling as much as 12%,but the stock has since staged an impressive rebound and recovered all of its losses and then some. The online trading app staged a two-day rally of as much as 126% on Tuesday and Wednesday.\nThe 13.8 million restrictive stock units were granted to both founders in 2013, but the award terms were revised in May to extend the deadline of the award to 2025. Under the original plan, Tenev and Bhatt would have only received 20% of the stock award if at the time of IPO shares were priced between $30.45 and $50.75, according to the filing.\nThe company priced its IPO at $38 per share, meaning Tenev and Bhatt would have only received 20% of their stock award if the terms weren't revised.\nTenev and Bhatt also stand to receive millions of more Robinhood shares if their stock price eventually trades up to $300 per share by the end of this decade. The co-founders were granted an additional RSU equity award, 22 million shares for Tenev and 13 million shares of Bhatt, if the stock price hit a number of price hurdles, starting at $120 and moving up in increments of $30 until topping out at $300.\nAll in all, if successful, the equity awards for Tenev and Bhatt could be worth up to $10.8 billion and $8.1 billion, respectively, assuming both co-founders don't sell a single share of their accumulated equity awards after the last tranche is granted at the $300 per share level.\n\"The 2021 Market-Based RSUs are designed to incentivize the Co-Founders toward further growing our share price over and above the price hurdles applicable to the 2019 Market-Based RSUs,\" Robinhood said in the filing.\nIn April, Robinhood reduced the annual salary of Tenev and Bhatt to $34,248, which is the 2019 median wage of US workers. Both were previously paid a base salary of $400,000.\nTenev and Bhatt founded Robinhood in 2013. The company has seen its business explode as millions of Americans began investing in the stock market amid the COVID-19 pandemic and government stimulus checks. Epic rallies in dogecoin and meme-stocks like GameStop and AMC Entertainment have also boosted its business in recent months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803757859,"gmtCreate":1627467312371,"gmtModify":1703490518104,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Semicon stocks should have some legs to run further","listText":"Semicon stocks should have some legs to run further","text":"Semicon stocks should have some legs to run further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803757859","repostId":"1100886165","repostType":4,"repost":{"id":"1100886165","pubTimestamp":1627457447,"share":"https://ttm.financial/m/news/1100886165?lang=&edition=fundamental","pubTime":"2021-07-28 15:30","market":"us","language":"en","title":"Where Will Micron Technology Stock Be In 5 Years? What To Evaluate","url":"https://stock-news.laohu8.com/highlight/detail?id=1100886165","media":"seekingalpha","summary":"Summary\n\nI see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expect","content":"<p><b>Summary</b></p>\n<ul>\n <li>I see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expected revenue growth and ROEs in the next two years are in the double-digit range.</li>\n <li>Micron's share price could possibly go up, once the market realizes that the worries about the semiconductor chip shortage are relatively overblown, and the demand-supply situation for DRAM is balanced.</li>\n <li>The supply-demand dynamics of the DRAM industry in the medium term are favorable, which bodes well for MU's growth prospects in the next five years.</li>\n <li>MU stock is a good buy now. The stock's valuations are appealing, and its future prospects look good considering the demand-supply dynamics for the DRAM market.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea6943b055b8a3f717a6e1f6c038c065\" tg-width=\"1536\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p><b>Elevator Pitch</b></p>\n<p>I assign a Bullish rating to Micron Technology, Inc. (MU).</p>\n<p>I see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expected revenue growth and ROEs in the next two years are in the double-digit range. Micron's share price could possibly go up, once the market realizes that the worries about the semiconductor chip shortage are relatively overblown, and that the demand-supply situation for DRAM is balanced. Also, the supply-demand dynamics of the DRAM industry in the medium term are favorable, which bodes well for MU's growth prospects in the next five years. In five years' time, I think that the market will be willingly to assign a higher valuation multiple to Micron Technology, as the company's medium-term financial performance gradually reflects the favorable supply-demand dynamics of the DRAM market over time.</p>\n<p>I think that MU stock is a good buy now, which explains my Bullish rating. The stock's valuations are appealing, and its future prospects look good considering the demand-supply dynamics for the DRAM market.</p>\n<p><b>Company Description</b></p>\n<p>In the company's media releases, Micron Technology calls itself\"an industry leader in innovative memory and storage solutions\" offering a \"portfolio of high-performance DRAM, NAND and NOR memory and storage products.\" At the recent Barclays (BCS) Americas Select Franchise Virtual Conference held on May 19, 2021, MU claims to have the second highest and fourth highest revenue among semiconductor companies in the US and globally, respectively.</p>\n<p>With respect to revenue mix by technology, Micron Technology earned 68% of the company's FY 2020 revenue from DRAM, while NAND and other technologies accounted for 29% and 3% of MU's sales last year, respectively. For the purpose of this article, I will be primarily focusing on Micron Technology's DRAM business, and this is justified by the fact that DRAM contributed the majority of the company's sales.</p>\n<p><b>Is Micron Stock Overvalued?</b></p>\n<p>Micron stock last traded at a share price of $75.94 at the close of July 23, 2021. This translates to consensus forward FY 2021 and FY 2022 normalized P/E multiples of 12.7 times and 6.5 times, respectively. MU also trades at a trailing P/B multiple of 2.0 times.</p>\n<p>According to market consensus financial data obtained from S&P Capital IQ, Micron Technology's revenue is forecasted to grow by +29% and +34% in FY 2021 and FY 2022, respectively. Sell-side analysts also see MU delivering ROEs of 15% and 27% for the current fiscal year and the next fiscal year, respectively.</p>\n<p>On an absolute basis, Micron Technology's forward P/E valuations are undemanding, especially since the stock's FY 2022 P/E is only in the single-digit range. Also, its forward P/E multiples are the lower end of the peer group, despite boasting relatively higher forward ROEs and faster forecasted revenue growth rates as compared to the majority of its peers.</p>\n<p><b>Peer Valuation Comparison For Micron Technology</b></p>\n<table>\n <tbody>\n <tr>\n <td><b>Stock</b></td>\n <td><b>Consensus Current Fiscal Year Normalized P/E Multiple</b></td>\n <td><p><b>Consensus Forward One Fiscal Year Normalized P/EMultiple</b></p></td>\n <td><b>Trailing P/B Multiple</b></td>\n <td><b>Consensus Current Fiscal Year Revenue Growth Metric</b></td>\n <td><b>Consensus Forward One Fiscal Year Revenue Growth Metric</b></td>\n <td><b>Consensus Current Fiscal Year ROE Metric</b></td>\n <td><b>Consensus Forward One Fiscal Year ROE Metric</b></td>\n </tr>\n <tr>\n <td>Western Digital Corporation (WDC)</td>\n <td>16.5</td>\n <td>7.2</td>\n <td>1.96</td>\n <td>-1%</td>\n <td>+22%</td>\n <td>12%</td>\n <td>27%</td>\n </tr>\n <tr>\n <td>SK Hynix Inc.[000660:KS]</td>\n <td>8.6</td>\n <td>5.8</td>\n <td>1.55</td>\n <td>+31%</td>\n <td>+28%</td>\n <td>17%</td>\n <td>22%</td>\n </tr>\n <tr>\n <td>Samsung Electronics Co., Ltd. (OTC:SSNLF) (OTC:SSNNF) [005930:KS]</td>\n <td>13.6</td>\n <td>10.9</td>\n <td>1.96</td>\n <td>+14%</td>\n <td>+11%</td>\n <td>14%</td>\n <td>15%</td>\n </tr>\n </tbody>\n</table>\n<p>Source: S&P Capital IQ</p>\n<p>In the subsequent section of my article, I try to understand why Micron Technology trades at only a single-digit consensus forward FY 2022 P/E, and assess potential valuation re-rating factors.</p>\n<p><b>Can Micron Stock Go Up?</b></p>\n<p>Micron Technology's stock price performance in the first seven months of the current year has been lackluster. Year-to-date in 2021, MU's share price only rose by +1%. Micron Technology started off the year well, with its shares increasing by +29% from $74.05 as of January 4, 2021 to a year-to-date high of $95.59 as of April 12, 2021. But MU's stock price subsequently corrected by -21% in the next three months to close at $75.94 on July 23, 2021. Also, as highlighted in the preceding section, Micron Technology's valuations are pretty attractive.</p>\n<p>I believe that Micron Technology's share price weakness in the past three months is largely attributable to concerns regarding the semiconductor chip shortage and its impact on MU. However, I think Micron's stock price could recover and go up in the near-term, when the market realizes that these concerns are overdone.</p>\n<p>In a recent <i>EETimes</i>(electronics industry publication) article published on July 15, 2021, the CEO of<i>VLSI Research</i>(market research firm focused on the semiconductor space), Dan Hutcheson, was interviewed as saying that \"beyond the automotive sector, chip shortages are pretty much over\", and he noted that DRAM and NAND are areas which are \"either tight or still in balance\" now. In other words, it might be incorrect to view semiconductor chip shortage as a factor that affects all of the sub-segments of the semiconductor industry and every company equally.</p>\n<p>Furthermore, Micron Technology takes the view that the current semiconductor shortage will not have a significant impact on the medium term demand for its products, and the company sees a similar industry shortage issue being avoidable in the future. At the company's 3Q FY 2021 earnings call on June 30, 2021, Micron Technology stressed that \"as that semiconductor shortage gets alleviated over time, that actually is going to create more demand for memory and storage because every end application today\" needs \"memory and storage.\" MU also added at the recent quarterly results briefing that the current semiconductor chip shortage \"drives a different mindset on how to avoid this kind of situation in the future\", as more companies move from a \"just-in-time\" to a \"just-in-case\" inventory management policy.</p>\n<p>Micron Technology is expected to report its 4Q and full-year FY 2021 financial results in late- or end-September 2021. A better-than-expected financial performance or a more favorable demand-supply outlook for the industry as per management guidance & comments could possibly be positive re-rating catalysts for the stock.</p>\n<p>It is far more important to look beyond Micron Technology's near-term share price performance and the semiconductor chip shortage situation now, and focus on MU's prospects in the medium to long term which I tend to discuss about in the next section.</p>\n<p><b>Where Will Micron Technology Stock Be In 5 Years?</b></p>\n<p>Answering the question of \"where will Micron Technology stock be in 5 years\" is essentially making an assessment of the supply-demand dynamics of the DRAM industry in the medium term.</p>\n<p>The DRAM industry is now really an oligopoly comprising just three major players. According to a May 23, 2021 <i>Nikkei Asia</i> article, Samsung Electronics, Micron Technology, and SK Hynix boast market shares of 41.7%, 29.4% and 23.5%, respectively in the global DRAM market. In other words, the other smaller players in aggregate only account for around 5% of the market.</p>\n<p>In comparison, there were approximately10major players competing for market share in the DRAM market in the early 2000s. The DRAM market has consolidated significantly in the last decade, with Micron Technology's other competitors either being acquired or going out of business. An oligopolistic industry structure for the DRAM market supports the case for supply-side discipline. Notably, technology consulting firm <i>Yole</i> forecasts that \"DRAM and NAND revenues are expected to grow with (CAGRs of) 15% and 8% respectively\" between FY 2020 and FY 2026. Specifically, Yole highlights that the DRAM market growth will be driven by \"a combination of capex (capital expenditures) cuts from suppliers in recent years and flourishing demand.\"</p>\n<p>Micron Technology also emphasized at its recent quarterly results briefing in end-June 2021 that \"capex in the industry has been on the DRAM side, extremely disciplined\", and it disclosed that the company's \"days of inventory are at 98, extremely low as well.\"</p>\n<p>With regards to future demand for the DRAM industry, it is expected that memory content will be growing rapidly in the next five years across the various verticals as per the chart below.</p>\n<p><b>The Estimated Increase In Memory Content For Various End-Markets Between 2020 And 2026</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba136c129985f65e03f1a183d238ed9c\" tg-width=\"640\" tg-height=\"293\" width=\"100%\" height=\"auto\"><span>Source: Yole's Market and Technology Report 2021</span></p>\n<p>The mobile end-market is the most significant source of revenue for Micron Technology, accounting for approximately a quarter of its top line in FY 2020, respectively. The client & graphics, enterprise & cloud server and SSDs & other storage end-markets each contributed a fifth of MU's FY 2020 revenue, respectively. Micron Technology generated the remaining 15% of its FY 2020 sales from the automotive, industrial, and consumer end-market.</p>\n<p>Looking forward, Micron Technology is guiding for a decent \"long-term DRAM bit demand growth CAGR of mid-to-high teens\", and it has also committed to maintaining \"long-term bit supply growth CAGR with the industry bit demand growth CAGR\".</p>\n<p>On top of favorable demand-supply dynamics in the DRAM market, it is noteworthy that Micron Technology has also been gaining market share from its major rival. In the same <i>Nikkei Asia</i> article referenced to above, it was also noted that Micron Technology's market share of the global DRAM industry expanded by +3 percentage points in the past three years, which was attributed to Samsung Electronics diverting more attention & resources to other businesses like smartphones & foundries, and the increase in MU's number of DRAM engineers following the acquisition of Japan's Elpida Memory.</p>\n<p>In summary, I see Micron Technology benefiting from a significant positive valuation re-rating (P/E multiple expansion) in five years' time, as the market eventually appreciates the favorable supply-demand dynamics of the DRAM market and views MU as a key beneficiary.</p>\n<p><b>Is MU Stock A Good Buy Now?</b></p>\n<p>In my opinion, MU stock is a good buy now.</p>\n<p>Micron Technology's share price has corrected significantly in the past few months, given the market's concerns about the current semiconductor chip shortage. In my opinion, this is a buying opportunity for investors with a long term horizon. MU's valuations are reasonably attractive on both an absolute and relative basis, and I view the DRAM industry's supply-demand dynamics as favorable in the medium term.</p>\n<p>MU's key risks are a lower-than-expected rate of increase in memory content for key end-markets, and the failure of the major players in the DRAM industry to maintain supply-side discipline.</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>Where Will Micron Technology Stock Be In 5 Years? 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What To Evaluate\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 15:30 GMT+8 <a href=https://seekingalpha.com/article/4441532-micron-technology-stock-5-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expected revenue growth and ROEs in the next two years are in the double-digit range.\nMicron's share price...</p>\n\n<a href=\"https://seekingalpha.com/article/4441532-micron-technology-stock-5-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4441532-micron-technology-stock-5-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100886165","content_text":"Summary\n\nI see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expected revenue growth and ROEs in the next two years are in the double-digit range.\nMicron's share price could possibly go up, once the market realizes that the worries about the semiconductor chip shortage are relatively overblown, and the demand-supply situation for DRAM is balanced.\nThe supply-demand dynamics of the DRAM industry in the medium term are favorable, which bodes well for MU's growth prospects in the next five years.\nMU stock is a good buy now. The stock's valuations are appealing, and its future prospects look good considering the demand-supply dynamics for the DRAM market.\n\nSundry Photography/iStock Editorial via Getty Images\nElevator Pitch\nI assign a Bullish rating to Micron Technology, Inc. (MU).\nI see Micron stock as undervalued with a single-digit forward FY 2022 P/E, while its expected revenue growth and ROEs in the next two years are in the double-digit range. Micron's share price could possibly go up, once the market realizes that the worries about the semiconductor chip shortage are relatively overblown, and that the demand-supply situation for DRAM is balanced. Also, the supply-demand dynamics of the DRAM industry in the medium term are favorable, which bodes well for MU's growth prospects in the next five years. In five years' time, I think that the market will be willingly to assign a higher valuation multiple to Micron Technology, as the company's medium-term financial performance gradually reflects the favorable supply-demand dynamics of the DRAM market over time.\nI think that MU stock is a good buy now, which explains my Bullish rating. The stock's valuations are appealing, and its future prospects look good considering the demand-supply dynamics for the DRAM market.\nCompany Description\nIn the company's media releases, Micron Technology calls itself\"an industry leader in innovative memory and storage solutions\" offering a \"portfolio of high-performance DRAM, NAND and NOR memory and storage products.\" At the recent Barclays (BCS) Americas Select Franchise Virtual Conference held on May 19, 2021, MU claims to have the second highest and fourth highest revenue among semiconductor companies in the US and globally, respectively.\nWith respect to revenue mix by technology, Micron Technology earned 68% of the company's FY 2020 revenue from DRAM, while NAND and other technologies accounted for 29% and 3% of MU's sales last year, respectively. For the purpose of this article, I will be primarily focusing on Micron Technology's DRAM business, and this is justified by the fact that DRAM contributed the majority of the company's sales.\nIs Micron Stock Overvalued?\nMicron stock last traded at a share price of $75.94 at the close of July 23, 2021. This translates to consensus forward FY 2021 and FY 2022 normalized P/E multiples of 12.7 times and 6.5 times, respectively. MU also trades at a trailing P/B multiple of 2.0 times.\nAccording to market consensus financial data obtained from S&P Capital IQ, Micron Technology's revenue is forecasted to grow by +29% and +34% in FY 2021 and FY 2022, respectively. Sell-side analysts also see MU delivering ROEs of 15% and 27% for the current fiscal year and the next fiscal year, respectively.\nOn an absolute basis, Micron Technology's forward P/E valuations are undemanding, especially since the stock's FY 2022 P/E is only in the single-digit range. Also, its forward P/E multiples are the lower end of the peer group, despite boasting relatively higher forward ROEs and faster forecasted revenue growth rates as compared to the majority of its peers.\nPeer Valuation Comparison For Micron Technology\n\n\n\nStock\nConsensus Current Fiscal Year Normalized P/E Multiple\nConsensus Forward One Fiscal Year Normalized P/EMultiple\nTrailing P/B Multiple\nConsensus Current Fiscal Year Revenue Growth Metric\nConsensus Forward One Fiscal Year Revenue Growth Metric\nConsensus Current Fiscal Year ROE Metric\nConsensus Forward One Fiscal Year ROE Metric\n\n\nWestern Digital Corporation (WDC)\n16.5\n7.2\n1.96\n-1%\n+22%\n12%\n27%\n\n\nSK Hynix Inc.[000660:KS]\n8.6\n5.8\n1.55\n+31%\n+28%\n17%\n22%\n\n\nSamsung Electronics Co., Ltd. (OTC:SSNLF) (OTC:SSNNF) [005930:KS]\n13.6\n10.9\n1.96\n+14%\n+11%\n14%\n15%\n\n\n\nSource: S&P Capital IQ\nIn the subsequent section of my article, I try to understand why Micron Technology trades at only a single-digit consensus forward FY 2022 P/E, and assess potential valuation re-rating factors.\nCan Micron Stock Go Up?\nMicron Technology's stock price performance in the first seven months of the current year has been lackluster. Year-to-date in 2021, MU's share price only rose by +1%. Micron Technology started off the year well, with its shares increasing by +29% from $74.05 as of January 4, 2021 to a year-to-date high of $95.59 as of April 12, 2021. But MU's stock price subsequently corrected by -21% in the next three months to close at $75.94 on July 23, 2021. Also, as highlighted in the preceding section, Micron Technology's valuations are pretty attractive.\nI believe that Micron Technology's share price weakness in the past three months is largely attributable to concerns regarding the semiconductor chip shortage and its impact on MU. However, I think Micron's stock price could recover and go up in the near-term, when the market realizes that these concerns are overdone.\nIn a recent EETimes(electronics industry publication) article published on July 15, 2021, the CEO ofVLSI Research(market research firm focused on the semiconductor space), Dan Hutcheson, was interviewed as saying that \"beyond the automotive sector, chip shortages are pretty much over\", and he noted that DRAM and NAND are areas which are \"either tight or still in balance\" now. In other words, it might be incorrect to view semiconductor chip shortage as a factor that affects all of the sub-segments of the semiconductor industry and every company equally.\nFurthermore, Micron Technology takes the view that the current semiconductor shortage will not have a significant impact on the medium term demand for its products, and the company sees a similar industry shortage issue being avoidable in the future. At the company's 3Q FY 2021 earnings call on June 30, 2021, Micron Technology stressed that \"as that semiconductor shortage gets alleviated over time, that actually is going to create more demand for memory and storage because every end application today\" needs \"memory and storage.\" MU also added at the recent quarterly results briefing that the current semiconductor chip shortage \"drives a different mindset on how to avoid this kind of situation in the future\", as more companies move from a \"just-in-time\" to a \"just-in-case\" inventory management policy.\nMicron Technology is expected to report its 4Q and full-year FY 2021 financial results in late- or end-September 2021. A better-than-expected financial performance or a more favorable demand-supply outlook for the industry as per management guidance & comments could possibly be positive re-rating catalysts for the stock.\nIt is far more important to look beyond Micron Technology's near-term share price performance and the semiconductor chip shortage situation now, and focus on MU's prospects in the medium to long term which I tend to discuss about in the next section.\nWhere Will Micron Technology Stock Be In 5 Years?\nAnswering the question of \"where will Micron Technology stock be in 5 years\" is essentially making an assessment of the supply-demand dynamics of the DRAM industry in the medium term.\nThe DRAM industry is now really an oligopoly comprising just three major players. According to a May 23, 2021 Nikkei Asia article, Samsung Electronics, Micron Technology, and SK Hynix boast market shares of 41.7%, 29.4% and 23.5%, respectively in the global DRAM market. In other words, the other smaller players in aggregate only account for around 5% of the market.\nIn comparison, there were approximately10major players competing for market share in the DRAM market in the early 2000s. The DRAM market has consolidated significantly in the last decade, with Micron Technology's other competitors either being acquired or going out of business. An oligopolistic industry structure for the DRAM market supports the case for supply-side discipline. Notably, technology consulting firm Yole forecasts that \"DRAM and NAND revenues are expected to grow with (CAGRs of) 15% and 8% respectively\" between FY 2020 and FY 2026. Specifically, Yole highlights that the DRAM market growth will be driven by \"a combination of capex (capital expenditures) cuts from suppliers in recent years and flourishing demand.\"\nMicron Technology also emphasized at its recent quarterly results briefing in end-June 2021 that \"capex in the industry has been on the DRAM side, extremely disciplined\", and it disclosed that the company's \"days of inventory are at 98, extremely low as well.\"\nWith regards to future demand for the DRAM industry, it is expected that memory content will be growing rapidly in the next five years across the various verticals as per the chart below.\nThe Estimated Increase In Memory Content For Various End-Markets Between 2020 And 2026\nSource: Yole's Market and Technology Report 2021\nThe mobile end-market is the most significant source of revenue for Micron Technology, accounting for approximately a quarter of its top line in FY 2020, respectively. The client & graphics, enterprise & cloud server and SSDs & other storage end-markets each contributed a fifth of MU's FY 2020 revenue, respectively. Micron Technology generated the remaining 15% of its FY 2020 sales from the automotive, industrial, and consumer end-market.\nLooking forward, Micron Technology is guiding for a decent \"long-term DRAM bit demand growth CAGR of mid-to-high teens\", and it has also committed to maintaining \"long-term bit supply growth CAGR with the industry bit demand growth CAGR\".\nOn top of favorable demand-supply dynamics in the DRAM market, it is noteworthy that Micron Technology has also been gaining market share from its major rival. In the same Nikkei Asia article referenced to above, it was also noted that Micron Technology's market share of the global DRAM industry expanded by +3 percentage points in the past three years, which was attributed to Samsung Electronics diverting more attention & resources to other businesses like smartphones & foundries, and the increase in MU's number of DRAM engineers following the acquisition of Japan's Elpida Memory.\nIn summary, I see Micron Technology benefiting from a significant positive valuation re-rating (P/E multiple expansion) in five years' time, as the market eventually appreciates the favorable supply-demand dynamics of the DRAM market and views MU as a key beneficiary.\nIs MU Stock A Good Buy Now?\nIn my opinion, MU stock is a good buy now.\nMicron Technology's share price has corrected significantly in the past few months, given the market's concerns about the current semiconductor chip shortage. In my opinion, this is a buying opportunity for investors with a long term horizon. MU's valuations are reasonably attractive on both an absolute and relative basis, and I view the DRAM industry's supply-demand dynamics as favorable in the medium term.\nMU's key risks are a lower-than-expected rate of increase in memory content for key end-markets, and the failure of the major players in the DRAM industry to maintain supply-side discipline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149206770,"gmtCreate":1625727079090,"gmtModify":1703747222765,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"I think it will take some time for investors to regain confidence in the china stocks listed in the US","listText":"I think it will take some time for investors to regain confidence in the china stocks listed in the US","text":"I think it will take some time for investors to regain confidence in the china stocks listed in the US","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149206770","repostId":"1104195989","repostType":4,"repost":{"id":"1104195989","pubTimestamp":1625725968,"share":"https://ttm.financial/m/news/1104195989?lang=&edition=fundamental","pubTime":"2021-07-08 14:32","market":"us","language":"en","title":"Chinese Firm LinkDoc Said to Halt U.S. IPO After Crackdown","url":"https://stock-news.laohu8.com/highlight/detail?id=1104195989","media":"Bloomberg","summary":"(Bloomberg) -- LinkDoc Technology Ltd. has halted plans for a U.S. initial public offering, people f","content":"<p>(Bloomberg) -- LinkDoc Technology Ltd. has halted plans for a U.S. initial public offering, people familiar with the matter said, the first known company to pull out of a debut after China’s government cracked down on overseas listings.</p>\n<p>Market volatility has played a part in the postponement and the Beijing-based medical data company could revisit its listing plans when conditions improve, said one of the people, who asked not to be identified as the information is private.</p>\n<p>LinkDoc was slated to price the offering on Thursday, which could have raised as much as $211 million. Morgan Stanley, Bank of America Corp. and China International Capital Corp. were arranging the deal.</p>\n<p>Chinese technology stocks suffered a rout after China signaled a new era of tighter oversight over cybersecurity. Shares in Didi Global Inc. plunged after the government ordered the removal of the ride-hailing giant’s app from local app stores within days of its $4.4 billion U.S. IPO.</p>\n<p>LinkDoc’s IPO delay also comes as regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, closing a loophole long-used by the country’s technology giants, Bloomberg News reported this week.</p>\n<p>Reuters reported LinkDoc’s IPO halt earlier Thursday. A representative for LinkDoc declined to comment.</p>\n<p>LinkDoc, founded in 2014, provides cancer focused health-care services built on big data and artificial intelligence, its website shows. Its investors include Alibaba Health Information Technology Ltd., MBK Partners, New Enterprise Associates and Temasek Holdings Pte according to a preliminary filing.</p>\n<p>Chinese companies have raised about $13 billion through first-time share sales in the U.S. this year, according to data compiled by Bloomberg. Didi’s IPO was the second largest U.S. listing by a Chinese firm on record, after Alibaba Group Holding Ltd.’s $25 billion blockbuster debut in 2014.</p>","source":"lsy1612507957220","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>Chinese Firm LinkDoc Said to Halt U.S. IPO After Crackdown</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\">\nChinese Firm LinkDoc Said to Halt U.S. IPO After Crackdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 14:32 GMT+8 <a href=https://finance.yahoo.com/news/alibaba-health-backed-linkdoc-shelves-044039052.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- LinkDoc Technology Ltd. has halted plans for a U.S. initial public offering, people familiar with the matter said, the first known company to pull out of a debut after China’s ...</p>\n\n<a href=\"https://finance.yahoo.com/news/alibaba-health-backed-linkdoc-shelves-044039052.html\">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://finance.yahoo.com/news/alibaba-health-backed-linkdoc-shelves-044039052.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104195989","content_text":"(Bloomberg) -- LinkDoc Technology Ltd. has halted plans for a U.S. initial public offering, people familiar with the matter said, the first known company to pull out of a debut after China’s government cracked down on overseas listings.\nMarket volatility has played a part in the postponement and the Beijing-based medical data company could revisit its listing plans when conditions improve, said one of the people, who asked not to be identified as the information is private.\nLinkDoc was slated to price the offering on Thursday, which could have raised as much as $211 million. Morgan Stanley, Bank of America Corp. and China International Capital Corp. were arranging the deal.\nChinese technology stocks suffered a rout after China signaled a new era of tighter oversight over cybersecurity. Shares in Didi Global Inc. plunged after the government ordered the removal of the ride-hailing giant’s app from local app stores within days of its $4.4 billion U.S. IPO.\nLinkDoc’s IPO delay also comes as regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China, closing a loophole long-used by the country’s technology giants, Bloomberg News reported this week.\nReuters reported LinkDoc’s IPO halt earlier Thursday. A representative for LinkDoc declined to comment.\nLinkDoc, founded in 2014, provides cancer focused health-care services built on big data and artificial intelligence, its website shows. Its investors include Alibaba Health Information Technology Ltd., MBK Partners, New Enterprise Associates and Temasek Holdings Pte according to a preliminary filing.\nChinese companies have raised about $13 billion through first-time share sales in the U.S. this year, according to data compiled by Bloomberg. Didi’s IPO was the second largest U.S. listing by a Chinese firm on record, after Alibaba Group Holding Ltd.’s $25 billion blockbuster debut in 2014.","news_type":1},"isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123250827,"gmtCreate":1624426129369,"gmtModify":1703836325635,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Still relatively stronger compared to altcoins","listText":"Still relatively stronger compared to altcoins","text":"Still relatively stronger compared to altcoins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123250827","repostId":"2145069164","repostType":4,"repost":{"id":"2145069164","pubTimestamp":1624417950,"share":"https://ttm.financial/m/news/2145069164?lang=&edition=fundamental","pubTime":"2021-06-23 11:12","market":"sg","language":"en","title":"Bitcoin bounces back after tumbling below US$30,000 threshold","url":"https://stock-news.laohu8.com/highlight/detail?id=2145069164","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time si","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold\">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>Bitcoin bounces back after tumbling below US$30,000 threshold</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\">\nBitcoin bounces back after tumbling below US$30,000 threshold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 11:12 GMT+8 <a href=http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145069164","content_text":"NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original cryptocurrency closed out the New York trading session on Tuesday (June 22) marginally higher at around US$32,900, after falling as much as 12 per cent.\nThe wild ride continued subsequently, since Bitcoin trades around the clock, with the digital token tracking slightly lower again. It has lost more than 50 per cent from its mid-April high of almost US$65,000.\nThe coin started 2021 trading around US$29,000 following a fourfold increase last year.\nSuch trading signals \"that Bitcoin traders could find themselves in choppy waters for weeks to come\", said Mr Sean Rooney, head of research at crypto asset manager Valkyrie Investments.\nChart-watchers said Bitcoin, which failed to retake US$40,000 last week, could have a tough time finding support in the US$20,000 range following its drop below US$30,000. Still, Bitcoin had prior to Tuesday breached US$30,000 during at least five separate instances this year but recuperated to trade above that level each time.\n\"Any meaningful break below US$30,000 is going to make a lot of momentum players to throw in the towel,\" said Mr Matt Maley, chief market strategist for Miller Tabak + Co. \"Therefore, even if Bitcoin is going to change the world over the long term, it does not mean it cannot fall back into the teens over the short term.\"\nIt is a remarkable comedown for the digital asset which just weeks ago was trekking higher amid a warmer embrace from Wall Street as well as retail investors. But negative press about its energy use, brought on largely by Tesla's Elon Musk, as well as a clampdown from China have pushed it lower in recent weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172340748,"gmtCreate":1626939974584,"gmtModify":1703480952954,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Why they left traces in the chat msg???","listText":"Why they left traces in the chat msg???","text":"Why they left traces in the chat msg???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172340748","repostId":"1119296199","repostType":4,"repost":{"id":"1119296199","pubTimestamp":1626933778,"share":"https://ttm.financial/m/news/1119296199?lang=&edition=fundamental","pubTime":"2021-07-22 14:02","market":"fut","language":"en","title":"Gold Trader’s Chat Bragged About ‘How Easy’ It Is to Manipulate Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1119296199","media":"Bloomberg","summary":"(Bloomberg) -- Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two ","content":"<p>(Bloomberg) -- Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious-metals traders for Bank of America Corp.’s Merrill Lynch unit shows one of them, Edward Bases, bragging about how easy it is to manipulate prices.</p>\n<p>On Jan. 28, 2009, when Bases was working at Deutsche Bank AG, he put out bids to buy 2,740 gold futures contracts valued around $244 million over the course of four-and-a-half minutes, according to Maria Garibotti, a vice president at Analysis Group who studied exchange and trading data for prosecutors. More than 98% were canceled without being filled, she said.</p>\n<p>On the opposite side of the market, a fellow Deutsche Bank trader Bases coordinated with sold his 170 contracts worth $15,172,500 as the price rose, Garibotti told jurors on Wednesday.</p>\n<p>“that does show u how easy it is to manipulate it sometimes,” Bases wrote minutes after the trading in a chat message sent to the other Deutsche Bank trader, Cedric Chanu, according to Garibotti. Chanu and another Deutsche Bank Trader, James Vorley, were sentenced last month to a year in prison each for their convictions in 2020 on spoofing charges at a separate trial.</p>\n<p>“I f..k the mkt around a lot,” Bases said in another message.</p>\n<p>Bases and fellow Merrill Lynch trader John Pacilio face federal fraud charges for allegedly spoofing the futures market from 2008 to 2014.</p>\n<p>Another episode described by Garibotti involved trades by Bases and Pacilio on Aug. 9, 2010, when both were working at Merrill Lynch.</p>\n<p>That day, Bases placed an iceberg order to buy 10 contracts of platinum, with six being filled at placement, she said. Less than 10 seconds after Bases placed that buy order, Pacilio placed an order to sell 205 contracts for $15,856,750, which was almost 90% of what was visible on the exchange order book, Garibotti said. The price went down, and the rest of Bases’ order was filled, she said. Less than a second later, Pacilio’s sell order was canceled, she said.</p>\n<p>Garibotti said employees at Analysis Group put in about 3,000 hours studying data in this case over the course of several years, billing the government $1.2 million for its work.</p>\n<p>The defense attorneys have not yet begun cross-examining Garibotti.</p>\n<p>In opening arguments Tuesday, Bases’ defense attorney told the jury that once her client understood spoofing was illegal, he stopped doing it, and that nearly all the conduct the government identified was before the enactment of the Dodd-Frank Act, which specifically prohibited spoofing.</p>\n<p>The case is U.S. v. Bases et al, 18-cr-00048, U.S. District Court, Northern District of Illinois (Chicago).</p>","source":"lsy1612507957220","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>Gold Trader’s Chat Bragged About ‘How Easy’ It Is to Manipulate Prices</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\">\nGold Trader’s Chat Bragged About ‘How Easy’ It Is to Manipulate Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 14:02 GMT+8 <a href=https://finance.yahoo.com/news/gold-trader-chat-bragged-easy-001619023.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious-metals traders for Bank of America Corp.’s Merrill Lynch unit shows one of them, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/gold-trader-chat-bragged-easy-001619023.html\">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://finance.yahoo.com/news/gold-trader-chat-bragged-easy-001619023.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119296199","content_text":"(Bloomberg) -- Chat logs introduced as evidence by prosecutors at the Chicago spoofing trial of two former precious-metals traders for Bank of America Corp.’s Merrill Lynch unit shows one of them, Edward Bases, bragging about how easy it is to manipulate prices.\nOn Jan. 28, 2009, when Bases was working at Deutsche Bank AG, he put out bids to buy 2,740 gold futures contracts valued around $244 million over the course of four-and-a-half minutes, according to Maria Garibotti, a vice president at Analysis Group who studied exchange and trading data for prosecutors. More than 98% were canceled without being filled, she said.\nOn the opposite side of the market, a fellow Deutsche Bank trader Bases coordinated with sold his 170 contracts worth $15,172,500 as the price rose, Garibotti told jurors on Wednesday.\n“that does show u how easy it is to manipulate it sometimes,” Bases wrote minutes after the trading in a chat message sent to the other Deutsche Bank trader, Cedric Chanu, according to Garibotti. Chanu and another Deutsche Bank Trader, James Vorley, were sentenced last month to a year in prison each for their convictions in 2020 on spoofing charges at a separate trial.\n“I f..k the mkt around a lot,” Bases said in another message.\nBases and fellow Merrill Lynch trader John Pacilio face federal fraud charges for allegedly spoofing the futures market from 2008 to 2014.\nAnother episode described by Garibotti involved trades by Bases and Pacilio on Aug. 9, 2010, when both were working at Merrill Lynch.\nThat day, Bases placed an iceberg order to buy 10 contracts of platinum, with six being filled at placement, she said. Less than 10 seconds after Bases placed that buy order, Pacilio placed an order to sell 205 contracts for $15,856,750, which was almost 90% of what was visible on the exchange order book, Garibotti said. The price went down, and the rest of Bases’ order was filled, she said. Less than a second later, Pacilio’s sell order was canceled, she said.\nGaribotti said employees at Analysis Group put in about 3,000 hours studying data in this case over the course of several years, billing the government $1.2 million for its work.\nThe defense attorneys have not yet begun cross-examining Garibotti.\nIn opening arguments Tuesday, Bases’ defense attorney told the jury that once her client understood spoofing was illegal, he stopped doing it, and that nearly all the conduct the government identified was before the enactment of the Dodd-Frank Act, which specifically prohibited spoofing.\nThe case is U.S. v. Bases et al, 18-cr-00048, U.S. District Court, Northern District of Illinois (Chicago).","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166619145,"gmtCreate":1624005555787,"gmtModify":1703826352957,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Better safe than sorry. Endure guys! ","listText":"Better safe than sorry. Endure guys! ","text":"Better safe than sorry. Endure guys!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166619145","repostId":"1113093847","repostType":4,"repost":{"id":"1113093847","pubTimestamp":1624001134,"share":"https://ttm.financial/m/news/1113093847?lang=&edition=fundamental","pubTime":"2021-06-18 15:25","market":"sg","language":"en","title":"Singapore slows the pace of reopening as Covid cases haven't declined significantly","url":"https://stock-news.laohu8.com/highlight/detail?id=1113093847","media":"cnbc","summary":"SINGAPORE — Singapore's government said Friday it will further ease Covid-related restrictions next ","content":"<div>\n<p>SINGAPORE — Singapore's government said Friday it will further ease Covid-related restrictions next week, but at a slower pace than previously announced as local infections have not declined ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/covid-singapore-slows-pace-of-reopening-as-local-cases-stabilize.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Singapore slows the pace of reopening as Covid cases haven't declined significantly</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\">\nSingapore slows the pace of reopening as Covid cases haven't declined significantly\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 15:25 GMT+8 <a href=https://www.cnbc.com/2021/06/18/covid-singapore-slows-pace-of-reopening-as-local-cases-stabilize.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE — Singapore's government said Friday it will further ease Covid-related restrictions next week, but at a slower pace than previously announced as local infections have not declined ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/covid-singapore-slows-pace-of-reopening-as-local-cases-stabilize.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/06/18/covid-singapore-slows-pace-of-reopening-as-local-cases-stabilize.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1113093847","content_text":"SINGAPORE — Singapore's government said Friday it will further ease Covid-related restrictions next week, but at a slower pace than previously announced as local infections have not declined significantly.\nThe government startedrelaxing some measuresthis week, including increasing the limits on social gatherings and event attendees.\nIt said that starting Monday, \"higher-risk activities\" such as dining in and indoor mask-off sports and exercises will be allowed to resume in groups of two people — instead of five people as previously announced.\nBarring another super-spreader event or a big cluster of infections, the government will allow those activities for groups of up to five around mid-July.\nSingapore has to be cautious in resuming activities deemed to be of higher risks due to the more transmissible delta variant first detected in India, Health Minister Ong Ye Kung told reporters at a briefing.\nOng said that with a phased reopening, \"we buy time to get more people vaccinated, so the imperative now is to boost vaccinations.\"\nSingapore hasone of the fastest vaccination roll-outsin Asia-Pacific. Around 2.7 million people — or roughly 47% of the population — have received at least the first dose of Covid vaccine as of Monday,latest data by the health ministryshowed.\nThe country had largely controlled the spread of Covid until a flare-up in locally transmitted cases in end-April.Many of the recent cases were caused by the delta variant. The rise in cases forced the government totighten social-distancing measurestwice last month.\nDaily reported casesin the local community fell to single-digit levels for most of last week, but have stayed above 10 cases per day since Sunday as a major cluster of infections emerged around a wet market in southern Singapore.\nOverall, the Southeast Asian country has reported 34 deaths and more than 62,300 confirmed cases since the beginning of 2020 as of Thursday, health ministry data showed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149205638,"gmtCreate":1625727188124,"gmtModify":1703747224703,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"But it dropped 7% yesterday..","listText":"But it dropped 7% yesterday..","text":"But it dropped 7% yesterday..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149205638","repostId":"2149931325","repostType":4,"repost":{"id":"2149931325","pubTimestamp":1625725125,"share":"https://ttm.financial/m/news/2149931325?lang=&edition=fundamental","pubTime":"2021-07-08 14:18","market":"us","language":"en","title":"Why Skillz Shares Soared Last Month","url":"https://stock-news.laohu8.com/highlight/detail?id=2149931325","media":"Motley Fool","summary":"The online gaming company uncorked some thrilling returns through a fairly modest buyout.","content":"<h2>What happened</h2>\n<p>Shares of <b>Skillz</b> (NYSE:SKLZ) rose 27.8% in June 2021, according to data from S&P Global Market Intelligence. The company behind a mobile game platform that lets players win cash prizes was primed for a big jump due to soaring short-seller interest in the stock. Skillz pulled the trigger with the acquisition of a digital advertising specialist.</p>\n<h2>So what</h2>\n<p>Roughly 25% of Skillz' shares were sold short in mid-May, which opened the possibility of a game-changing short squeeze. Any good news reported during a time of intense short-seller interest might force the bears to close their negative investment positions, thus driving stock prices much higher in a hurry. So when Skillz announced the $150 million buyout of demand-side advertising expert Aarki, the fuse was lit and Skillz shares soared. The stock closed 26.8% higher that day, having surged as much as 35% higher earlier in the trading session.<img src=\"https://static.tigerbbs.com/587375170d81f6dd3079cc9e9dcc1f6a\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\">Image source: Getty Images.</p>\n<h2>Now what</h2>\n<p>The real thinking behind Skillz' sudden jump is that Aarki will help the company monetize its popular games from a different angle, adding a serious helping of ad revenue to the existing focus on cash-based gaming operations. The way the stock held relatively firm through the end of June is a testament to the solid business value of this deal. Short-squeeze gains often fade as quickly as they arrive, leaving many investors disappointed over the short-lived surge.</p>\n<p>Skillz is far from a risk-free investment, trading at 30 times trailing sales with firmly negative earnings and cash flows. But the company is poised to disrupt the mobile gaming market, perhaps becoming a buyout target itself somewhere down the line. If you can stomach a few sudden haircuts along the way, this stock could deliver multi-bagger returns in the long run.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Skillz Shares Soared Last Month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Skillz Shares Soared Last Month\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 14:18 GMT+8 <a href=https://www.fool.com/investing/2021/07/07/why-skillz-shares-soared-last-month/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of Skillz (NYSE:SKLZ) rose 27.8% in June 2021, according to data from S&P Global Market Intelligence. The company behind a mobile game platform that lets players win cash prizes ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/07/why-skillz-shares-soared-last-month/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SKLZ":"Skillz Inc"},"source_url":"https://www.fool.com/investing/2021/07/07/why-skillz-shares-soared-last-month/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149931325","content_text":"What happened\nShares of Skillz (NYSE:SKLZ) rose 27.8% in June 2021, according to data from S&P Global Market Intelligence. The company behind a mobile game platform that lets players win cash prizes was primed for a big jump due to soaring short-seller interest in the stock. Skillz pulled the trigger with the acquisition of a digital advertising specialist.\nSo what\nRoughly 25% of Skillz' shares were sold short in mid-May, which opened the possibility of a game-changing short squeeze. Any good news reported during a time of intense short-seller interest might force the bears to close their negative investment positions, thus driving stock prices much higher in a hurry. So when Skillz announced the $150 million buyout of demand-side advertising expert Aarki, the fuse was lit and Skillz shares soared. The stock closed 26.8% higher that day, having surged as much as 35% higher earlier in the trading session.Image source: Getty Images.\nNow what\nThe real thinking behind Skillz' sudden jump is that Aarki will help the company monetize its popular games from a different angle, adding a serious helping of ad revenue to the existing focus on cash-based gaming operations. The way the stock held relatively firm through the end of June is a testament to the solid business value of this deal. Short-squeeze gains often fade as quickly as they arrive, leaving many investors disappointed over the short-lived surge.\nSkillz is far from a risk-free investment, trading at 30 times trailing sales with firmly negative earnings and cash flows. But the company is poised to disrupt the mobile gaming market, perhaps becoming a buyout target itself somewhere down the line. If you can stomach a few sudden haircuts along the way, this stock could deliver multi-bagger returns in the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127562983,"gmtCreate":1624857332542,"gmtModify":1703846353228,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Online betting is the way to go lol","listText":"Online betting is the way to go lol","text":"Online betting is the way to go lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127562983","repostId":"1109276407","repostType":4,"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161393331,"gmtCreate":1623903727523,"gmtModify":1703823125154,"author":{"id":"3581681532128922","authorId":"3581681532128922","name":"tiototo","avatar":"https://static.tigerbbs.com/23c32a08fbf6fc88a1bda4f6b4f99ddb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581681532128922","authorIdStr":"3581681532128922"},"themes":[],"htmlText":"Jd.com should have received more love from investors. Dun u all think so","listText":"Jd.com should have received more love from investors. Dun u all think so","text":"Jd.com should have received more love from investors. Dun u all think so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161393331","repostId":"2143794095","repostType":4,"repost":{"id":"2143794095","pubTimestamp":1623892525,"share":"https://ttm.financial/m/news/2143794095?lang=&edition=fundamental","pubTime":"2021-06-17 09:15","market":"us","language":"en","title":"Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought","url":"https://stock-news.laohu8.com/highlight/detail?id=2143794095","media":"Motley Fool","summary":"ARK Invest's star stock picker is scooping up promising stocks that are trading well below recent highs.","content":"<p>No one consistently lit up the market the way ARK Invest's Cathie Wood did last year. The ace stock picker saw her exchange-traded funds (ETFs) soar in 2020, but her collection of disruptive growth stocks has fallen out of favor since mid-February.</p>\n<p>Wood is making the most of the correction in dynamic companies. On Tuesday she increased her positions in <b>DraftKings</b> (NASDAQ:DKNG), <b>JD.com</b> (NASDAQ:JD), and <b><a href=\"https://laohu8.com/S/PATH\">UiPath</a></b> (NYSE:PATH). Let's take a closer look at her shopping list.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1cff5e8a545a25eace4bc6b4d22b6ac5\" tg-width=\"700\" tg-height=\"467\"><span>Image source: Getty Images.</span></p>\n<h2>DraftKings</h2>\n<p>Fantasy sports is a gateway drug to real-money wagering, and no <a href=\"https://laohu8.com/S/AONE.U\">one</a> is playing this game better than DraftKings. The platform that offers cash prizes for picking optimal starting league lineups is also using its popularity with competitive sports fans to prop up its growing sportsbook operations.</p>\n<p>Revenue rose 90% last year, a pretty amazing feat in a pandemic year where many seasons were delayed and shortened. Revenue soared 253% in the first quarter of this year, better-than-expected results even if the comparisons were going to be kind given the sporting world calamity that started in March of last year.</p>\n<p>DraftKings stock tumbled as much as 12% on Tuesday -- recovering to a more acceptable 4% decline by the close -- after becoming the latest short target of noted worrywart Hindenburg Research. The negative report alleges that one of the merger partners behind DraftKings hitting the market last year has a history of black-market gaming, money laundering, and organized crime. It could prove problematic if still relevant, but Wood apparently added to her DraftKings position during Tuesday's down day.</p>\n<h2>JD.com</h2>\n<p>Wood has been trimming her exposure to many of China's best-known growth stocks, but JD.com has been the exception. She has added to China's largest online retailer (in terms of revenue) on back-to-back trading days. It goes to show that investing in Chinese stocks isn't simply a matter of yes or no, as it's a more nuanced decision.</p>\n<p>Revenue growth decelerated to a 25% clip in 2019, but JD.com is starting to press down on the accelerator. Net revenue rose 29% last year, soaring 39% through the first three months of 2021. It's the kind of momentum you like to see in any growth stocks, and this is a good sign that -- despite unloading a lot of shares of Chinese growth stocks through May -- she's not giving up on the world's most populous nation.</p>\n<h2>UiPath</h2>\n<p>There are a couple of names scattered among Wood's ETFs that weren't even public when the year began. ARK Invest isn't afraid to buy into new issues while they still have that new stock smell, and that's where UiPath comes in. The provider of enterprise software for robotics went public at $56 just two months ago. The stock closed at $70 on Tuesday, but it was trading as high as $90 just three weeks ago. Wood doesn't let downticks sway her from investing in promising companies, and UiPath fits that bill.</p>\n<p>Revenue rose 81% in fiscal 2021, climbing 65% in the first quarter of fiscal 2022. UiPath isn't expected to turn a profit until 2024 at the earliest, but flush with nearly $1.9 billion in cash after its springtime IPO it has more than enough dry powder to stay in the fight until it gets there.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought</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\">\nCathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 09:15 GMT+8 <a href=https://www.fool.com/investing/2021/06/16/cathie-wood-goes-bargain-hunting-3-stocks-she-just/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one consistently lit up the market the way ARK Invest's Cathie Wood did last year. The ace stock picker saw her exchange-traded funds (ETFs) soar in 2020, but her collection of disruptive growth ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/cathie-wood-goes-bargain-hunting-3-stocks-she-just/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath","JD":"京东","DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/06/16/cathie-wood-goes-bargain-hunting-3-stocks-she-just/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143794095","content_text":"No one consistently lit up the market the way ARK Invest's Cathie Wood did last year. The ace stock picker saw her exchange-traded funds (ETFs) soar in 2020, but her collection of disruptive growth stocks has fallen out of favor since mid-February.\nWood is making the most of the correction in dynamic companies. On Tuesday she increased her positions in DraftKings (NASDAQ:DKNG), JD.com (NASDAQ:JD), and UiPath (NYSE:PATH). Let's take a closer look at her shopping list.\nImage source: Getty Images.\nDraftKings\nFantasy sports is a gateway drug to real-money wagering, and no one is playing this game better than DraftKings. The platform that offers cash prizes for picking optimal starting league lineups is also using its popularity with competitive sports fans to prop up its growing sportsbook operations.\nRevenue rose 90% last year, a pretty amazing feat in a pandemic year where many seasons were delayed and shortened. Revenue soared 253% in the first quarter of this year, better-than-expected results even if the comparisons were going to be kind given the sporting world calamity that started in March of last year.\nDraftKings stock tumbled as much as 12% on Tuesday -- recovering to a more acceptable 4% decline by the close -- after becoming the latest short target of noted worrywart Hindenburg Research. The negative report alleges that one of the merger partners behind DraftKings hitting the market last year has a history of black-market gaming, money laundering, and organized crime. It could prove problematic if still relevant, but Wood apparently added to her DraftKings position during Tuesday's down day.\nJD.com\nWood has been trimming her exposure to many of China's best-known growth stocks, but JD.com has been the exception. She has added to China's largest online retailer (in terms of revenue) on back-to-back trading days. It goes to show that investing in Chinese stocks isn't simply a matter of yes or no, as it's a more nuanced decision.\nRevenue growth decelerated to a 25% clip in 2019, but JD.com is starting to press down on the accelerator. Net revenue rose 29% last year, soaring 39% through the first three months of 2021. It's the kind of momentum you like to see in any growth stocks, and this is a good sign that -- despite unloading a lot of shares of Chinese growth stocks through May -- she's not giving up on the world's most populous nation.\nUiPath\nThere are a couple of names scattered among Wood's ETFs that weren't even public when the year began. ARK Invest isn't afraid to buy into new issues while they still have that new stock smell, and that's where UiPath comes in. The provider of enterprise software for robotics went public at $56 just two months ago. The stock closed at $70 on Tuesday, but it was trading as high as $90 just three weeks ago. Wood doesn't let downticks sway her from investing in promising companies, and UiPath fits that bill.\nRevenue rose 81% in fiscal 2021, climbing 65% in the first quarter of fiscal 2022. UiPath isn't expected to turn a profit until 2024 at the earliest, but flush with nearly $1.9 billion in cash after its springtime IPO it has more than enough dry powder to stay in the fight until it gets there.","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}