charlito personal page - To The Moon

charlito

charlito

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2021-05-23

Should have bought bank of america after buffett had disclosed.. haiz

Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021

2021-07-11

Lol? A trillion only when pigs go flying

Will Roblox Be a Trillion-Dollar Stock by 2030?

2021-07-10

Apple is insane..

Which Company Can Reach $1 Trillion After Facebook? Here’s Our Guess.

2021-07-05

Wow wow

HK-listed China Modern Dairy jumps on robust earnings forecast

2021-06-22

Lol joke, and the people who bought in are also gonna be taken for a ride

Torchlight Energy upsizes stock offering by $150M but shares keep climbing

2021-08-01

Cool i will really consider eh. The ARKK funds are useless

Anti-Ark ETF to Bet Against Cathie Wood’s Flagship Fund

2021-07-24

Ah... okay

Musk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.

2021-05-21

Hahaha late to the game.. so many have been cleaned off

Amid Elon Musk's Dogecoin Endorsement, SEC Warns On Investing In Anything On The Word Of 'Someone Famous'

2021-07-28

Nithing will change..

Blip or bad moon rising? Fed meets amid COVID-19 surge, inflation jitters

2021-06-18

Agreed, going big on Baba!!

Alibaba Stock: The Bottoming Process Looks To Be Forming Already

2021-05-10

Not bad not bad

Sorry, the original content has been removed

2021-08-15

Run alr guys.. please run first

AMC's "Better" Isn't the Same Thing as "Good"

2021-07-16

Did anyone ask them what happens to these stock tokens after the end date?

Cryptocurrency Exchange Binance to Stop Support for Stock Tokens

2021-07-01

Haha no, it is too high, IMO

Is Tesla's Current Price Sustainable With The Upcoming Rate Hikes?

2021-05-16

Speculation brings about good times for newspapers

Why AMC Entertainment Stock Jumped Again Friday

2021-05-02

Onwards and ahead Berkshire!!

Berkshire Hathaway Annual Meeting 2021: Highlights and storylines

2022-09-02

Stupid proposal lol. If their citizens know that saudi is buying oil from russia for their own use, so they can sell more saudi oil at high prices to europe. Europeans are full of face and less of brains

G-7 Backs Price-Cap Plan for Russian Oil to Limit Revenue

2022-08-07

Wow still so big

Berkshire Hathaway Scales Back Share Repurchases to $1.0B, Operating Earnings Gain

2021-06-13

Here we go!

What is inflation? Hint: It's not the 12% increase in rental-car prices last month

2021-05-20

Hopefully crypto dies off and the world will be saved

U.S. stocks drop after Fed minutes, crypto fall

Go to Tiger App to see more news

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data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961035454","isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963197171,"gmtCreate":1668612725993,"gmtModify":1676538084888,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963197171","isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960197822,"gmtCreate":1668091662267,"gmtModify":1676538011352,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$&nbsp;</a><v-v data-views=\"1\"></v-v>isn't it volatile enough","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$&nbsp;</a><v-v data-views=\"1\"></v-v>isn't it volatile enough","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$ isn't it volatile enough","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960197822","isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987221939,"gmtCreate":1667923947022,"gmtModify":1676537985561,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"0\"></v-v>bye bye","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"0\"></v-v>bye bye","text":"$Tesla Motors(TSLA)$bye bye","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987221939","isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987291058,"gmtCreate":1667913128975,"gmtModify":1676537983422,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>upup here we go!","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>upup here we go!","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$upup here we go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987291058","isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986274362,"gmtCreate":1666970923856,"gmtModify":1676537842824,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>why dont go up leh?","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>why dont go up leh?","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$why dont go up leh?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9986274362","isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988800705,"gmtCreate":1666708429607,"gmtModify":1676537793700,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>up up and away!","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>up up and away!","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$up up and away!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988800705","isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981810672,"gmtCreate":1666454056497,"gmtModify":1676537757853,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>the only way is up","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>the only way is up","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$the only way is up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981810672","isVote":1,"tweetType":1,"viewCount":328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915252362,"gmtCreate":1665055949157,"gmtModify":1676537550130,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>giddy up folks","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>giddy up folks","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$giddy up folks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915252362","isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911936161,"gmtCreate":1664110784253,"gmtModify":1676537391749,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>told ya'll this is going up and up!","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>told ya'll this is going up and up!","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$told ya'll this is going up and up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9911936161","isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913499233,"gmtCreate":1664034915422,"gmtModify":1676537381984,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Heh","listText":"Heh","text":"Heh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9913499233","repostId":"9913834205","repostType":1,"repost":{"id":9913834205,"gmtCreate":1663952511507,"gmtModify":1676537369960,"author":{"id":"4102740637684170","authorId":"4102740637684170","authorIdStr":"4102740637684170","name":"OptionsDelta","avatar":"https://static.tigerbbs.com/b5ab2017d32f95a165639de659b21cd1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102740637684170"},"themes":[],"title":"Big loss and big gain? You need to understand the inertia of the market","htmlText":"A break in the USD index above $112 should theoretically have caused a pullback, but it did not; In theory Treasuries should pull back above 4%, but they haven't.Like Tesla last year, at $900 everyone was looking for a pullback to $1000, but it didn't, and the stock went straight to $1200.It makes sense to be bullish and bearish at this point, just like Tesla last year. Do you think it's wrong to be bearish? Then it fell. But you say long is not money? How can 900 go to 1,200 and not make money.But currencies can stay at the top for longer than stocks, and the greater the magnitude of capital, the greater the inertia.The same is true of crude oil this year, with the top price much higher than the expected short price.The market is completely following the dollar trend. After FOMC, I said t","listText":"A break in the USD index above $112 should theoretically have caused a pullback, but it did not; In theory Treasuries should pull back above 4%, but they haven't.Like Tesla last year, at $900 everyone was looking for a pullback to $1000, but it didn't, and the stock went straight to $1200.It makes sense to be bullish and bearish at this point, just like Tesla last year. Do you think it's wrong to be bearish? Then it fell. But you say long is not money? How can 900 go to 1,200 and not make money.But currencies can stay at the top for longer than stocks, and the greater the magnitude of capital, the greater the inertia.The same is true of crude oil this year, with the top price much higher than the expected short price.The market is completely following the dollar trend. After FOMC, I said t","text":"A break in the USD index above $112 should theoretically have caused a pullback, but it did not; In theory Treasuries should pull back above 4%, but they haven't.Like Tesla last year, at $900 everyone was looking for a pullback to $1000, but it didn't, and the stock went straight to $1200.It makes sense to be bullish and bearish at this point, just like Tesla last year. Do you think it's wrong to be bearish? Then it fell. But you say long is not money? How can 900 go to 1,200 and not make money.But currencies can stay at the top for longer than stocks, and the greater the magnitude of capital, the greater the inertia.The same is true of crude oil this year, with the top price much higher than the expected short price.The market is completely following the dollar trend. After FOMC, I said t","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9913834205","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919171913,"gmtCreate":1663764179732,"gmtModify":1676537331524,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>surely going up","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>surely going up","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$surely going up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919171913","isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910863272,"gmtCreate":1663596695397,"gmtModify":1676537298239,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>you know this is going up","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>you know this is going up","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$you know this is going up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910863272","isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934440523,"gmtCreate":1663293344362,"gmtModify":1676537245789,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>up up where we go","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>up up where we go","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$up up where we go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9934440523","isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934655158,"gmtCreate":1663246861775,"gmtModify":1676537235602,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>ignore the noise and focus on the possibility","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>ignore the noise and focus on the possibility","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$ignore the noise and focus on the possibility","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9934655158","isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934916273,"gmtCreate":1663173156392,"gmtModify":1676537220021,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>its finally time to activate!","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>its finally time to activate!","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$its finally time to activate!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9934916273","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936798048,"gmtCreate":1662821841684,"gmtModify":1676537146212,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>boom boom","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>boom boom","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$boom boom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936798048","isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931254760,"gmtCreate":1662472135251,"gmtModify":1676537067714,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>up up up here we go","listText":"<a href=\"https://ttm.financial/S/UVXY\">$VIX Short-Term Futures 1.5X ETF(UVXY)$</a><v-v data-views=\"1\"></v-v>up up up here we go","text":"$VIX Short-Term Futures 1.5X ETF(UVXY)$up up up here we go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931254760","isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933338279,"gmtCreate":1662219209691,"gmtModify":1676537019898,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Gg nvidia","listText":"Gg nvidia","text":"Gg nvidia","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933338279","repostId":"1162611714","repostType":4,"repost":{"id":"1162611714","pubTimestamp":1662173403,"share":"https://ttm.financial/m/news/1162611714?lang=&edition=fundamental","pubTime":"2022-09-03 10:50","market":"us","language":"en","title":"Nvidia: Problems Keep Accumulating","url":"https://stock-news.laohu8.com/highlight/detail?id=1162611714","media":"Seeking Alpha","summary":"SummaryNvidia stock crashes as much as 12% after the semi company disclosed that the U.S. government","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Nvidia stock crashes as much as 12% after the semi company disclosed that the U.S. government ordered a restriction on a selected portfolio of high-margin.</li><li>Nvidia has estimated the impact of the export restriction at $400 million in potential sales for its third fiscal quarter.</li><li>Although Nvidia stock is down almost 60% from all time highs, the valuation is still very expensive.</li><li>Personally, I would not buy Nvidia at a valuation above 30x EV/EBIT and/or 10x EV/Sales, which are still very proud multiples.</li><li>Accordingly, I see 20 - 30 percent more downside before the risk/reward for investors becomes justified.</li></ul><p><b>Thesis</b></p><p>Nvidia (NASDAQ:NVDA) stock crashed 7.5% -- and intermittently more than 12% -- after the semi company disclosed that the US government ordered a restriction on a selected portfolio of high-margin AI chips to China. The announcement comes after Nvidia has already warned a slowing business environment for its chips with regards to both the company&#39;s gaming and data-center segment.</p><p>In my opinion, Nvidia stock has for a long time been overhyped and overvalued. And although NVDA stock is down approximately 60% from all time highs, I argue there is still some excess valuation premium that need to be corrected in order for investors to enjoy an attractive risk/reward.</p><p><img src=\"https://static.tigerbbs.com/335faef0155694363b3fd84ee60b483c\" tg-width=\"640\" tg-height=\"222\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>U.S. Government Restricts Chip Sales </b></p><p>The filing</p><p>On August 31, Nvidia filed a disclosure with the Securities and Exchange Commission saying that the company has been notified about an export restriction of certain AI chips to China and Russia.</p><blockquote>...<i>the U.S. government informed NVIDIA Corporation that the USG has imposed a new license requirement, effective immediately, for any future export to China (including Hong Kong) and Russia of the Company’s A100 and forthcoming H100 integrated circuits.</i></blockquote><p>The restriction specifically names Nvidia A100 and H100 chips, but also extends to any chips that may match the technology.</p><blockquote><i>The license requirement also includes any future NVIDIA integrated circuit achieving both peak performance and chip-to-chip I/O performance equal to or greater than thresholds that are roughly equivalent to the A100, as well as any system that includes those circuits.</i></blockquote><p><b>What&#39;s The Impact</b></p><p>Nvidia has estimated the impact of the export restriction at $400 million in potential sales for its third fiscal quarter. Accordingly, the impact could be expanded to about $1.6 billion annually. If we apply Nvidia&#39;s 26% net income margin, and further apply the stock&#39;s currentx81 one-ear forward P/E multiple, the impact on valuation loss could be estimated at about $33.7 billion of equity value.</p><p><b>Investor Implication</b></p><p>The export restriction highlights a risk that the market arguably has ignored so far: the possibility that Nvidia&#39;s leading chip technology becomes an instrument of politics. In the filing, Nvidia cited <i>&#39;the risk that the covered products may be used in, or diverted to, a military end use or military end user&#39;</i> as the main reason for the export restrictions. But arguably, this step is just the latest episode in the technology war.</p><p>Arguably, the selected restriction of Nvidia&#39;s &#39;A100 and H100&#39; exports could only be the first wave of regulations to hit the US Semi industry.</p><p>Moreover, even if the US government does not extend restrictions to more of Nvidia&#39;s chips, it is highly likely that Nvidia will lose market share in China regardless. Investors should consider that the Chinese government will take restrictions of chips exports as a warning signal; and the response is that China will push to &#39;replace&#39; exposure to the US&#39; chip industry.</p><p><b>Still Very Stretched Valuation</b></p><p>Although Nvidia stock is down almost 60% from all time highs, the valuation is still very expensive. Investors should consider that Nvidia&#39;s one-year forward GAAP P/E of 81x implies a 270% premium to the U.S. technology sector. Nvidia&#39;s P/B of 15.8x and P/S of 13.9x imply a 290% and 395% premium respectively. Given a slowing business cycle for semiconductors, paired with fading investor confidence in US growth stocks, these multiples are highly vulnerable to a valuation contraction.</p><p><img src=\"https://static.tigerbbs.com/6bdd4fc38ae5ce4b33d86923f5c92d92\" tg-width=\"640\" tg-height=\"563\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Paying too much for a &#39;hyped&#39; investment can be very dangerous. Arguably, Cisco&#39;s (CSCO) growth story and equity performance in the early 2000 is very similar to the current situation surrounding Nvidia, from my viewpoint.</p><p>In the late 90s and early 2000, Cisco stock boomed from $5/share to about $80/share (stock-split adjusted). Investors were excited buying into the company&#39;s growth story that was driven by the World Wide Web adoption. Valuation did not matter, until it suddenly did. Then, in less than 24 months, Cisco stock lost almost 90% of its value. Interestingly, little changed for Cisco&#39;s fundamentals. In fact, the bull thesis of the World Wide Web taking over the world was correct. But investors simply paid way too much. Today, more than 20 years later, Cisco stock still trades approximately 50% below the stock&#39;s all time high.</p><p><img src=\"https://static.tigerbbs.com/358a1da47ae3281430fa38ffff19aed5\" tg-width=\"640\" tg-height=\"196\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Conclusion</b></p><p>No doubt, Nvidia is a great business. But the company&#39;s stock is dangerous. After a weak June quarter, driven amongst others by a slowing semi demand in the gaming and data-center vertical, now investors must also price the negativity of heightened regulatory risk.</p><p>Personally, I would not buy Nvidia at a valuation above 30x EV/EBIT and/or 10x EV/Sales, which are still very proud multiples. Accordingly, I see 20 - 30 percent more downside before the risk/reward for investors becomes <i>justified</i>(but arguably still not attractive given the regulatory risk and slowing business cycle). Sell.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: Problems Keep Accumulating</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\">\nNvidia: Problems Keep Accumulating\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-03 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4538666-nvidia-problems-keep-accumulating><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia stock crashes as much as 12% after the semi company disclosed that the U.S. government ordered a restriction on a selected portfolio of high-margin.Nvidia has estimated the impact of the...</p>\n\n<a href=\"https://seekingalpha.com/article/4538666-nvidia-problems-keep-accumulating\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4538666-nvidia-problems-keep-accumulating","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162611714","content_text":"SummaryNvidia stock crashes as much as 12% after the semi company disclosed that the U.S. government ordered a restriction on a selected portfolio of high-margin.Nvidia has estimated the impact of the export restriction at $400 million in potential sales for its third fiscal quarter.Although Nvidia stock is down almost 60% from all time highs, the valuation is still very expensive.Personally, I would not buy Nvidia at a valuation above 30x EV/EBIT and/or 10x EV/Sales, which are still very proud multiples.Accordingly, I see 20 - 30 percent more downside before the risk/reward for investors becomes justified.ThesisNvidia (NASDAQ:NVDA) stock crashed 7.5% -- and intermittently more than 12% -- after the semi company disclosed that the US government ordered a restriction on a selected portfolio of high-margin AI chips to China. The announcement comes after Nvidia has already warned a slowing business environment for its chips with regards to both the company's gaming and data-center segment.In my opinion, Nvidia stock has for a long time been overhyped and overvalued. And although NVDA stock is down approximately 60% from all time highs, I argue there is still some excess valuation premium that need to be corrected in order for investors to enjoy an attractive risk/reward.Seeking AlphaU.S. Government Restricts Chip Sales The filingOn August 31, Nvidia filed a disclosure with the Securities and Exchange Commission saying that the company has been notified about an export restriction of certain AI chips to China and Russia....the U.S. government informed NVIDIA Corporation that the USG has imposed a new license requirement, effective immediately, for any future export to China (including Hong Kong) and Russia of the Company’s A100 and forthcoming H100 integrated circuits.The restriction specifically names Nvidia A100 and H100 chips, but also extends to any chips that may match the technology.The license requirement also includes any future NVIDIA integrated circuit achieving both peak performance and chip-to-chip I/O performance equal to or greater than thresholds that are roughly equivalent to the A100, as well as any system that includes those circuits.What's The ImpactNvidia has estimated the impact of the export restriction at $400 million in potential sales for its third fiscal quarter. Accordingly, the impact could be expanded to about $1.6 billion annually. If we apply Nvidia's 26% net income margin, and further apply the stock's currentx81 one-ear forward P/E multiple, the impact on valuation loss could be estimated at about $33.7 billion of equity value.Investor ImplicationThe export restriction highlights a risk that the market arguably has ignored so far: the possibility that Nvidia's leading chip technology becomes an instrument of politics. In the filing, Nvidia cited 'the risk that the covered products may be used in, or diverted to, a military end use or military end user' as the main reason for the export restrictions. But arguably, this step is just the latest episode in the technology war.Arguably, the selected restriction of Nvidia's 'A100 and H100' exports could only be the first wave of regulations to hit the US Semi industry.Moreover, even if the US government does not extend restrictions to more of Nvidia's chips, it is highly likely that Nvidia will lose market share in China regardless. Investors should consider that the Chinese government will take restrictions of chips exports as a warning signal; and the response is that China will push to 'replace' exposure to the US' chip industry.Still Very Stretched ValuationAlthough Nvidia stock is down almost 60% from all time highs, the valuation is still very expensive. Investors should consider that Nvidia's one-year forward GAAP P/E of 81x implies a 270% premium to the U.S. technology sector. Nvidia's P/B of 15.8x and P/S of 13.9x imply a 290% and 395% premium respectively. Given a slowing business cycle for semiconductors, paired with fading investor confidence in US growth stocks, these multiples are highly vulnerable to a valuation contraction.Seeking AlphaPaying too much for a 'hyped' investment can be very dangerous. Arguably, Cisco's (CSCO) growth story and equity performance in the early 2000 is very similar to the current situation surrounding Nvidia, from my viewpoint.In the late 90s and early 2000, Cisco stock boomed from $5/share to about $80/share (stock-split adjusted). Investors were excited buying into the company's growth story that was driven by the World Wide Web adoption. Valuation did not matter, until it suddenly did. Then, in less than 24 months, Cisco stock lost almost 90% of its value. Interestingly, little changed for Cisco's fundamentals. In fact, the bull thesis of the World Wide Web taking over the world was correct. But investors simply paid way too much. Today, more than 20 years later, Cisco stock still trades approximately 50% below the stock's all time high.Seeking AlphaConclusionNo doubt, Nvidia is a great business. But the company's stock is dangerous. After a weak June quarter, driven amongst others by a slowing semi demand in the gaming and data-center vertical, now investors must also price the negativity of heightened regulatory risk.Personally, I would not buy Nvidia at a valuation above 30x EV/EBIT and/or 10x EV/Sales, which are still very proud multiples. Accordingly, I see 20 - 30 percent more downside before the risk/reward for investors becomes justified(but arguably still not attractive given the regulatory risk and slowing business cycle). Sell.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":133647341,"gmtCreate":1621746688783,"gmtModify":1704362035989,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Should have bought bank of america after buffett had disclosed.. haiz","listText":"Should have bought bank of america after buffett had disclosed.. haiz","text":"Should have bought bank of america after buffett had disclosed.. haiz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/133647341","repostId":"2137906121","repostType":4,"repost":{"id":"2137906121","pubTimestamp":1621611396,"share":"https://ttm.financial/m/news/2137906121?lang=&edition=fundamental","pubTime":"2021-05-21 23:36","market":"us","language":"en","title":"Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906121","media":"Motley Fool","summary":"Berkshire Hathaway has continued to reduce its stakes in banks.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.</p>\n<p>\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"</p>\n<p>Let's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2da7d6438277757a73f9e626ebc6fc2\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>1. All but eliminating Wells Fargo</h2>\n<p>Everyone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, <b>Wells Fargo</b> (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.</p>\n<p>This essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at <a href=\"https://laohu8.com/S/AONE\">one</a> point back in 2017, it was reportedly worth as much as $29 billion.</p>\n<p>But as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.</p>\n<p>The stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.</p>\n<h2>2. Dumping <a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a></h2>\n<p>Last quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company <b>Synchrony Financial&nbsp;</b>(NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.</p>\n<p>While I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, <b>JPMorgan Chase</b>, and loaded up on America's second-largest bank, <b>Bank of America</b>.</p>\n<p>Considering that Buffett already has a huge position in <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.</p>\n<h2>3. Trimming U.S. Bancorp again</h2>\n<p>Berkshire Hathaway also sold about 1.45 million shares of <b>U.S. Bancorp</b> (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in <b>PNC Financial Services Group</b>&nbsp;and&nbsp;<b>M&amp;T Bank</b>, in the fourth quarter of 2020.&nbsp;</p>\n<p>One possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. </p>\n<p>Overall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.</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>Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/><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) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"USB":"美国合众银行","WFC":"富国银行","BRK.B":"伯克希尔B","SYF":"Synchrony Financial","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906121","content_text":"Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.\n\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"\nLet's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.\nImage source: Getty Images.\n1. All but eliminating Wells Fargo\nEveryone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, Wells Fargo (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.\nThis essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at one point back in 2017, it was reportedly worth as much as $29 billion.\nBut as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.\nThe stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.\n2. Dumping Synchrony Financial\nLast quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company Synchrony Financial (NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.\nWhile I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, JPMorgan Chase, and loaded up on America's second-largest bank, Bank of America.\nConsidering that Buffett already has a huge position in American Express, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.\n3. Trimming U.S. Bancorp again\nBerkshire Hathaway also sold about 1.45 million shares of U.S. Bancorp (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in PNC Financial Services Group and M&T Bank, in the fourth quarter of 2020. \nOne possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. \nOverall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148494778,"gmtCreate":1626000970894,"gmtModify":1703751811890,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Lol? A trillion only when pigs go flying","listText":"Lol? A trillion only when pigs go flying","text":"Lol? A trillion only when pigs go flying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/148494778","repostId":"2150463301","repostType":4,"repost":{"id":"2150463301","pubTimestamp":1625971562,"share":"https://ttm.financial/m/news/2150463301?lang=&edition=fundamental","pubTime":"2021-07-11 10:46","market":"us","language":"en","title":"Will Roblox Be a Trillion-Dollar Stock by 2030?","url":"https://stock-news.laohu8.com/highlight/detail?id=2150463301","media":"Motley Fool","summary":"Could this tween-oriented gaming platform be the next tech giant?","content":"<p>Only a handful of tech companies have ever become $1 trillion companies. <b>Apple</b>&nbsp;and <b>Amazon</b> crossed that milestone in 2018, <b>Microsoft</b>&nbsp;followed suit in 2019, and <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b>&nbsp;joined the club earlier this year.</p>\n<p>Many other tech stocks could join that elite group within the next decade -- and investors who hop on board today could reap massive multibagger gains. Could <a href=\"https://laohu8.com/S/AONE\">one</a> of those stocks be <b>Roblox</b>, the gaming company which gained millions of new users during the pandemic?</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F632887%2Fshowcase_filmstrip_1920x1080.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\"><span>Image source: Roblox.</span></p>\n<h2>How much is Roblox worth today?</h2>\n<p>Roblox went public via a direct listing this March with a reference price of $45. The stock opened at $64.50, and currently trades in the high $80s -- which gives it a market capitalization of nearly $50 billion. For Roblox to become a $1 trillion company by 2030, the stock would need to rise about 20 times.</p>\n<p>No pure-play video game company has crossed the $1 trillion mark yet. <b>Activision Blizzard </b>and <b>Electronic Arts</b>, two of the world's largest video game publishers, are currently worth about $70 billion and $40 billion, respectively. <b>Unity</b>, which indirectly competes against Roblox in the game engine and development space, is worth roughly $30 billion.</p>\n<p>If we compare these four companies' price-to-sales ratios, we'll notice the market is paying a much higher premium for game creation engines like Roblox and Unity than traditional video game publishers.</p>\n<table border=\"1\" width=\"596\">\n <colgroup></colgroup>\n <tbody>\n  <tr valign=\"TOP\">\n   <th width=\"176\"><p>Company</p></th>\n   <th width=\"189\"><p>P/S Ratio (Current FY)</p></th>\n   <th width=\"187\"><p>P/S Ratio (Next FY)</p></th>\n  </tr>\n  <tr valign=\"TOP\">\n   <td width=\"176\"><p>Roblox (NYSE:RBLX)</p></td>\n   <td width=\"189\"><p>20</p></td>\n   <td width=\"187\"><p>16</p></td>\n  </tr>\n  <tr valign=\"TOP\">\n   <td width=\"176\"><p>Activision Blizzard (NASDAQ:ATVI)</p></td>\n   <td width=\"189\"><p>8</p></td>\n   <td width=\"187\"><p>7</p></td>\n  </tr>\n  <tr valign=\"TOP\">\n   <td width=\"176\"><p>Electronic Arts (NASDAQ:EA)</p></td>\n   <td width=\"189\"><p>6</p></td>\n   <td width=\"187\"><p>5</p></td>\n  </tr>\n  <tr valign=\"TOP\">\n   <td width=\"176\"><p>Unity (NYSE:U)</p></td>\n   <td width=\"189\"><p>30</p></td>\n   <td width=\"187\"><p>23</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Source: Yahoo Finance, July 7. FY = fiscal year.</p>\n<h2>But is Roblox a fad or a new content platform?</h2>\n<p>However, there are some key differences between Roblox and Unity.</p>\n<p>Roblox is a platform that enables younger users, many of whom don't have any coding experience, to build simple block-based games and share them with other players. Unity is an advanced game development engine that powers over half of the world's mobile, PC, and console games.</p>\n<p>Roblox encourages users to monetize their games with an in-app currency called Robux within its walled garden. Unity offers developers more flexible tools for integrating in-app ads, in-app purchases, and other features into their games.</p>\n<p>The bulls claim Roblox's self-sustaining cycle of content creation, self-promotion, and monetization will fuel its long-term growth. The bears will point out that half of the platform's daily active users (DAUs) are under the age of 13, and they might eventually grow out of Roblox's simple experiences or graduate to a more advanced game development engine like Unity.</p>\n<p>The bulls will point to Roblox's growth rates. Between the first quarters of 2018 and 2021, Roblox's DAUs more than quadrupled from 10.3 million to 42.1 million, its total hours engaged surged from 2.1 billion to 9.7 billion, and its average bookings per DAU jumped from $11.62 to $15.48.</p>\n<p>Roblox's revenue rose 56% in 2019, soared 82% in 2020, and analysts expect 167% growth this year. But next year, they expect its revenue to rise just 26% after the pandemic ends and more students return to school.</p>\n<p>The bears will point out Roblox isn't profitable, and it probably can't achieve profitability without reducing its exchange rate between U.S. dollars and Robux for developers. However, doing so could alienate its developers and throttle the platform's output of new content.</p>\n<h2>Why Roblox probably can't hit $1 trillion by 2030</h2>\n<p>Even if Roblox maintains a premium price-to-sales ratio of 20 through 2030, it would need to generate $50 billion in annual sales to hit the $1 trillion mark. Roblox generated just $933 million in revenues in 2020, so it would need to generate a compound annual growth rate (CAGR) of nearly 50% to hit $50 billion by 2030.</p>\n<p>If Roblox's valuations cool off, as they'll likely do over the years, it will need to generate an ever higher CAGR to become a $1 trillion company. By comparison, Amazon grew its revenues at a CAGR of 27.4% over the past decade -- and it currently trades at just four times this year's sales. Therefore, it seems highly unlikely Roblox will become a $1 trillion company within the next decade.</p>\n<p>But that doesn't mean Roblox won't generate multibagger gains over the next decade. It could remain popular long after the pandemic passes, attract a new generation of younger users, and launch more powerful tools for advanced users. As it continues to expand, economies of scale should kick in and strengthen its earnings growth. Therefore, Roblox could still have plenty of room to run -- just don't expect it to join the 12-zero club anytime soon.</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>Will Roblox Be a Trillion-Dollar Stock by 2030?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill Roblox Be a Trillion-Dollar Stock by 2030?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 10:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/10/will-roblox-be-a-trillion-dollar-stock-by-2030/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Only a handful of tech companies have ever become $1 trillion companies. Apple and Amazon crossed that milestone in 2018, Microsoft followed suit in 2019, and Facebook joined the club earlier this ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/10/will-roblox-be-a-trillion-dollar-stock-by-2030/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"source_url":"https://www.fool.com/investing/2021/07/10/will-roblox-be-a-trillion-dollar-stock-by-2030/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150463301","content_text":"Only a handful of tech companies have ever become $1 trillion companies. Apple and Amazon crossed that milestone in 2018, Microsoft followed suit in 2019, and Facebook joined the club earlier this year.\nMany other tech stocks could join that elite group within the next decade -- and investors who hop on board today could reap massive multibagger gains. Could one of those stocks be Roblox, the gaming company which gained millions of new users during the pandemic?\nImage source: Roblox.\nHow much is Roblox worth today?\nRoblox went public via a direct listing this March with a reference price of $45. The stock opened at $64.50, and currently trades in the high $80s -- which gives it a market capitalization of nearly $50 billion. For Roblox to become a $1 trillion company by 2030, the stock would need to rise about 20 times.\nNo pure-play video game company has crossed the $1 trillion mark yet. Activision Blizzard and Electronic Arts, two of the world's largest video game publishers, are currently worth about $70 billion and $40 billion, respectively. Unity, which indirectly competes against Roblox in the game engine and development space, is worth roughly $30 billion.\nIf we compare these four companies' price-to-sales ratios, we'll notice the market is paying a much higher premium for game creation engines like Roblox and Unity than traditional video game publishers.\n\n\n\n\nCompany\nP/S Ratio (Current FY)\nP/S Ratio (Next FY)\n\n\nRoblox (NYSE:RBLX)\n20\n16\n\n\nActivision Blizzard (NASDAQ:ATVI)\n8\n7\n\n\nElectronic Arts (NASDAQ:EA)\n6\n5\n\n\nUnity (NYSE:U)\n30\n23\n\n\n\nSource: Yahoo Finance, July 7. FY = fiscal year.\nBut is Roblox a fad or a new content platform?\nHowever, there are some key differences between Roblox and Unity.\nRoblox is a platform that enables younger users, many of whom don't have any coding experience, to build simple block-based games and share them with other players. Unity is an advanced game development engine that powers over half of the world's mobile, PC, and console games.\nRoblox encourages users to monetize their games with an in-app currency called Robux within its walled garden. Unity offers developers more flexible tools for integrating in-app ads, in-app purchases, and other features into their games.\nThe bulls claim Roblox's self-sustaining cycle of content creation, self-promotion, and monetization will fuel its long-term growth. The bears will point out that half of the platform's daily active users (DAUs) are under the age of 13, and they might eventually grow out of Roblox's simple experiences or graduate to a more advanced game development engine like Unity.\nThe bulls will point to Roblox's growth rates. Between the first quarters of 2018 and 2021, Roblox's DAUs more than quadrupled from 10.3 million to 42.1 million, its total hours engaged surged from 2.1 billion to 9.7 billion, and its average bookings per DAU jumped from $11.62 to $15.48.\nRoblox's revenue rose 56% in 2019, soared 82% in 2020, and analysts expect 167% growth this year. But next year, they expect its revenue to rise just 26% after the pandemic ends and more students return to school.\nThe bears will point out Roblox isn't profitable, and it probably can't achieve profitability without reducing its exchange rate between U.S. dollars and Robux for developers. However, doing so could alienate its developers and throttle the platform's output of new content.\nWhy Roblox probably can't hit $1 trillion by 2030\nEven if Roblox maintains a premium price-to-sales ratio of 20 through 2030, it would need to generate $50 billion in annual sales to hit the $1 trillion mark. Roblox generated just $933 million in revenues in 2020, so it would need to generate a compound annual growth rate (CAGR) of nearly 50% to hit $50 billion by 2030.\nIf Roblox's valuations cool off, as they'll likely do over the years, it will need to generate an ever higher CAGR to become a $1 trillion company. By comparison, Amazon grew its revenues at a CAGR of 27.4% over the past decade -- and it currently trades at just four times this year's sales. Therefore, it seems highly unlikely Roblox will become a $1 trillion company within the next decade.\nBut that doesn't mean Roblox won't generate multibagger gains over the next decade. It could remain popular long after the pandemic passes, attract a new generation of younger users, and launch more powerful tools for advanced users. As it continues to expand, economies of scale should kick in and strengthen its earnings growth. Therefore, Roblox could still have plenty of room to run -- just don't expect it to join the 12-zero club anytime soon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148308018,"gmtCreate":1625925205634,"gmtModify":1703750950090,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Apple is insane..","listText":"Apple is insane..","text":"Apple is insane..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/148308018","repostId":"1177397700","repostType":4,"repost":{"id":"1177397700","pubTimestamp":1625876446,"share":"https://ttm.financial/m/news/1177397700?lang=&edition=fundamental","pubTime":"2021-07-10 08:20","market":"us","language":"en","title":"Which Company Can Reach $1 Trillion After Facebook? Here’s Our Guess.","url":"https://stock-news.laohu8.com/highlight/detail?id=1177397700","media":"Barrons","summary":"Late last month, Facebook notched what could be its most notable achievement yet: Its market value hit $1 trillion. Just five U.S.-listed companies have reached the $1 trillion mark—or 0.08% of the total number of stocks currently traded on the New York Stock Exchange and Nasdaq. That’s roughly the odds of a high school basketball player making the National Basketball Association. It’s an elite club.Now that Facebook  has earned access—its market cap was down slightly by the end of the week, to ","content":"<p>Late last month, Facebook notched what could be its most notable achievement yet: Its market value hit $1 trillion. Just five U.S.-listed companies have reached the $1 trillion mark—or 0.08% of the total number of stocks currently traded on the New York Stock Exchange and Nasdaq. That’s roughly the odds of a high school basketball player making the National Basketball Association. It’s an elite club.</p>\n<p>Now that Facebook (ticker: FB) has earned access—its market cap was down slightly by the end of the week, to $980 billion—we might be waiting a while for the next entrant. That’s partly because the federal government wants to rein in big business, but also because the current trillion-dollar members have a natural incentive to keep the club small.</p>\n<p>There’s a big drop-off to the next candidate for membership—call it the Trillion-Dollar Cliff. Among U.S.-listed companies,Tesla(TSLA) is next up, with a market value of $629 billion, followed by&nbsp;Berkshire Hathaway(BRK.A),Alibaba Group Holding(BABA),Taiwan Semiconductor Manufacturing(TSM), and&nbsp;Visa(V).</p>\n<p>We’ve covered all of those stocks closely at&nbsp;Barron’s, and I’ve spent the past few weeks talking to colleagues about which company might be next. I’ve also queried sources and polled readers of our daily Review &amp; Preview newsletter.</p>\n<p>A few names get repeated mentions: Tesla,Nvidia(NVDA), Visa, and&nbsp;JPMorgan Chase(JPM), each of which are worth at least $400 billion.Shopify(SHOP) got a less obvious mention. The company is way down the market-value rank at $182 billion. It has become something of the anti-Amazon,providing bricks-and-mortar vendors and other businesses with easy e-commerce tools. While&nbsp;Amazon.com(AMZN) seeks to fend off regulation and a potential breakup, Shopify can keep its head down and continue to recruit new business.</p>\n<p>I’ll place my bets on Visa getting to $1 trillion next, even if it takes a while. The company is closely tied to the economic recovery, since it gets a cut of transactions that run through its global electronic-payments network.</p>\n<p>The business, which is part tech and part financial services, has a long tailwind as cash usage declines around the world. Visa shares have returned an annualized 28% over the past decade. If that pattern holds, Visa would reach $1 trillion by 2024.</p>\n<p>While the next trillion-dollar stock is clearly a guessing game, one thing is clear: Large numbers have been no impediment to future gains.Apple(AAPL) has returned an annualized 44% since it became the first U.S.-listed company to reach a $1 trillion value in August 2018. The stock closed at a record this past week, giving it a market value of $2.4 trillion.</p>\n<p><img src=\"https://static.tigerbbs.com/ed700f7a7812c0bf7b9b205ad99c33e7\" tg-width=\"872\" tg-height=\"769\" referrerpolicy=\"no-referrer\"></p>\n<p>I asked Denise Chisholm, Fidelity’s sector strategist, if the so-called law of large numbers would ever kick in. “Size is not particularly predictive one way or the other,” she says. “The S&amp;P information technology, as a percent of overall S&amp;P, is now in excess of 20%. Does that have any meaning on whether or not that group or that sector can outperform in the future? The answer really is no.”</p>\n<p>Right now, the trillion-dollar members have momentum on their side. “A ball in motion tends to stay in motion,” she says.</p>\n<p>Tech’s secret sauce has been continuously expanding profit margins, with valuations that are essentially in line with their historic norms. Operating margins for the S&amp;P 500’s information technology sector have doubled in the past 15 years, to a recent 21%, according to Yardeni Research, while overall S&amp;P 500 margins have been static at 10% or so (excluding a collapse during the financial crisis).</p>\n<p>Tech’s magic—and those trillion-dollar club passes—are now hitting up against the increased likelihood of regulation. “The sheer fact of the headline of the trillion-dollar club is going to bring even more regulation,” says Jim Paulsen, chief investment officer of The Leuthold Group.</p>\n<p>On Friday, the Biden administration signed an executive order that calls for a “whole-of-government effort to promote competition in the American economy.” The order, which consists of 72 initiatives, is simultaneously broad and narrow. It pushes against consolidation while also addressing consumer pain points, like early-termination fees for broadband services, hard-to-fix consumer devices, and airline baggage fees.</p>\n<p>By now, the Biden administration recognizes that tech regulation isn’t a slam dunk with the public. Despite unease around data and privacy practices, less than half of U.S. adults are in favor of more tech regulation, according to a 2020 Pew Research poll.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/963cb5c585db8df9615cd98e0bbd4bbc\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"><span>A room at the F8 Developers Conference in San Jose, Calif.</span></p>\n<p>Privacy regulation is politically complicated, especially if it means reining in the advertising that enables free services like social media, internet search, and email. But there isn’t much controversial about limiting broadband charges or making it easier to fix a smartphone battery. The White House seems to be attacking companies where it hurts—their mixed record of customer service.</p>\n<p>For now, investors continue to generally overlook regulation. All five members of the trillion-dollar club were either higher or flat on Friday in the wake of Biden’s executive order.</p>\n<p>It’s time to take regulation more seriously, says Ed Yardeni, president of Yardeni Research. “A trillion here, a trillion there attracts a lot of attention from politicians.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Which Company Can Reach $1 Trillion After Facebook? Here’s Our Guess.</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\">\nWhich Company Can Reach $1 Trillion After Facebook? Here’s Our Guess.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-10 08:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/which-company-can-reach-1-trillion-after-facebook-heres-our-guess-51625875587?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Late last month, Facebook notched what could be its most notable achievement yet: Its market value hit $1 trillion. Just five U.S.-listed companies have reached the $1 trillion mark—or 0.08% of the ...</p>\n\n<a href=\"https://www.barrons.com/articles/which-company-can-reach-1-trillion-after-facebook-heres-our-guess-51625875587?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","V":"Visa","AMZN":"亚马逊","WMT":"沃尔玛","UNH":"联合健康","BABA":"阿里巴巴","BRK.A":"伯克希尔","NVDA":"英伟达","AAPL":"苹果","TSLA":"特斯拉","JPM":"摩根大通","TSM":"台积电"},"source_url":"https://www.barrons.com/articles/which-company-can-reach-1-trillion-after-facebook-heres-our-guess-51625875587?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177397700","content_text":"Late last month, Facebook notched what could be its most notable achievement yet: Its market value hit $1 trillion. Just five U.S.-listed companies have reached the $1 trillion mark—or 0.08% of the total number of stocks currently traded on the New York Stock Exchange and Nasdaq. That’s roughly the odds of a high school basketball player making the National Basketball Association. It’s an elite club.\nNow that Facebook (ticker: FB) has earned access—its market cap was down slightly by the end of the week, to $980 billion—we might be waiting a while for the next entrant. That’s partly because the federal government wants to rein in big business, but also because the current trillion-dollar members have a natural incentive to keep the club small.\nThere’s a big drop-off to the next candidate for membership—call it the Trillion-Dollar Cliff. Among U.S.-listed companies,Tesla(TSLA) is next up, with a market value of $629 billion, followed by Berkshire Hathaway(BRK.A),Alibaba Group Holding(BABA),Taiwan Semiconductor Manufacturing(TSM), and Visa(V).\nWe’ve covered all of those stocks closely at Barron’s, and I’ve spent the past few weeks talking to colleagues about which company might be next. I’ve also queried sources and polled readers of our daily Review & Preview newsletter.\nA few names get repeated mentions: Tesla,Nvidia(NVDA), Visa, and JPMorgan Chase(JPM), each of which are worth at least $400 billion.Shopify(SHOP) got a less obvious mention. The company is way down the market-value rank at $182 billion. It has become something of the anti-Amazon,providing bricks-and-mortar vendors and other businesses with easy e-commerce tools. While Amazon.com(AMZN) seeks to fend off regulation and a potential breakup, Shopify can keep its head down and continue to recruit new business.\nI’ll place my bets on Visa getting to $1 trillion next, even if it takes a while. The company is closely tied to the economic recovery, since it gets a cut of transactions that run through its global electronic-payments network.\nThe business, which is part tech and part financial services, has a long tailwind as cash usage declines around the world. Visa shares have returned an annualized 28% over the past decade. If that pattern holds, Visa would reach $1 trillion by 2024.\nWhile the next trillion-dollar stock is clearly a guessing game, one thing is clear: Large numbers have been no impediment to future gains.Apple(AAPL) has returned an annualized 44% since it became the first U.S.-listed company to reach a $1 trillion value in August 2018. The stock closed at a record this past week, giving it a market value of $2.4 trillion.\n\nI asked Denise Chisholm, Fidelity’s sector strategist, if the so-called law of large numbers would ever kick in. “Size is not particularly predictive one way or the other,” she says. “The S&P information technology, as a percent of overall S&P, is now in excess of 20%. Does that have any meaning on whether or not that group or that sector can outperform in the future? The answer really is no.”\nRight now, the trillion-dollar members have momentum on their side. “A ball in motion tends to stay in motion,” she says.\nTech’s secret sauce has been continuously expanding profit margins, with valuations that are essentially in line with their historic norms. Operating margins for the S&P 500’s information technology sector have doubled in the past 15 years, to a recent 21%, according to Yardeni Research, while overall S&P 500 margins have been static at 10% or so (excluding a collapse during the financial crisis).\nTech’s magic—and those trillion-dollar club passes—are now hitting up against the increased likelihood of regulation. “The sheer fact of the headline of the trillion-dollar club is going to bring even more regulation,” says Jim Paulsen, chief investment officer of The Leuthold Group.\nOn Friday, the Biden administration signed an executive order that calls for a “whole-of-government effort to promote competition in the American economy.” The order, which consists of 72 initiatives, is simultaneously broad and narrow. It pushes against consolidation while also addressing consumer pain points, like early-termination fees for broadband services, hard-to-fix consumer devices, and airline baggage fees.\nBy now, the Biden administration recognizes that tech regulation isn’t a slam dunk with the public. Despite unease around data and privacy practices, less than half of U.S. adults are in favor of more tech regulation, according to a 2020 Pew Research poll.\nA room at the F8 Developers Conference in San Jose, Calif.\nPrivacy regulation is politically complicated, especially if it means reining in the advertising that enables free services like social media, internet search, and email. But there isn’t much controversial about limiting broadband charges or making it easier to fix a smartphone battery. The White House seems to be attacking companies where it hurts—their mixed record of customer service.\nFor now, investors continue to generally overlook regulation. All five members of the trillion-dollar club were either higher or flat on Friday in the wake of Biden’s executive order.\nIt’s time to take regulation more seriously, says Ed Yardeni, president of Yardeni Research. “A trillion here, a trillion there attracts a lot of attention from politicians.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154003756,"gmtCreate":1625457944675,"gmtModify":1703742100703,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Wow wow","listText":"Wow wow","text":"Wow wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154003756","repostId":"2149381523","repostType":4,"repost":{"id":"2149381523","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625455738,"share":"https://ttm.financial/m/news/2149381523?lang=&edition=fundamental","pubTime":"2021-07-05 11:28","market":"hk","language":"en","title":"HK-listed China Modern Dairy jumps on robust earnings forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2149381523","media":"Reuters","summary":"** Shares of China Modern Dairy Holdings Ltd rise as much as 7.5% to HK$1.87, the highest since June","content":"<p>** Shares of China Modern Dairy Holdings Ltd rise as much as 7.5% to HK$1.87, the highest since June 8, on course for third consecutive session of gains</p>\n<p>** Anhui-based raw milk producer expects to record a profit of not less than 460 mln yuan ($71.2 mln) for six months ended in June, an increase of not less than 100% from a year-ago period</p>\n<p>** China Mengniu Dairy Corp backed company says the increase is due to double-digit growth in its raw milk production and sales volume, cost reduction and effective control of costs and expenses</p>\n<p>** Shares of Mengniu Dairy rises 2.4%; the sixth biggest percentage gainer in the China Enterprises Index</p>\n<p>** The Hong Kong composite Industry Index tracking consumer staples gains 0.3%</p>\n<p>** The Hang Seng China Enterprises Index slips 0.9%, and the benchmark index eases 0.3%</p>\n<p>** As of last close, the stock had slid 6.5% this year</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>HK-listed China Modern Dairy jumps on robust earnings forecast</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\">\nHK-listed China Modern Dairy jumps on robust earnings forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-05 11:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of China Modern Dairy Holdings Ltd rise as much as 7.5% to HK$1.87, the highest since June 8, on course for third consecutive session of gains</p>\n<p>** Anhui-based raw milk producer expects to record a profit of not less than 460 mln yuan ($71.2 mln) for six months ended in June, an increase of not less than 100% from a year-ago period</p>\n<p>** China Mengniu Dairy Corp backed company says the increase is due to double-digit growth in its raw milk production and sales volume, cost reduction and effective control of costs and expenses</p>\n<p>** Shares of Mengniu Dairy rises 2.4%; the sixth biggest percentage gainer in the China Enterprises Index</p>\n<p>** The Hong Kong composite Industry Index tracking consumer staples gains 0.3%</p>\n<p>** The Hang Seng China Enterprises Index slips 0.9%, and the benchmark index eases 0.3%</p>\n<p>** As of last close, the stock had slid 6.5% this year</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01117":"现代牧业","02319":"蒙牛乳业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149381523","content_text":"** Shares of China Modern Dairy Holdings Ltd rise as much as 7.5% to HK$1.87, the highest since June 8, on course for third consecutive session of gains\n** Anhui-based raw milk producer expects to record a profit of not less than 460 mln yuan ($71.2 mln) for six months ended in June, an increase of not less than 100% from a year-ago period\n** China Mengniu Dairy Corp backed company says the increase is due to double-digit growth in its raw milk production and sales volume, cost reduction and effective control of costs and expenses\n** Shares of Mengniu Dairy rises 2.4%; the sixth biggest percentage gainer in the China Enterprises Index\n** The Hong Kong composite Industry Index tracking consumer staples gains 0.3%\n** The Hang Seng China Enterprises Index slips 0.9%, and the benchmark index eases 0.3%\n** As of last close, the stock had slid 6.5% this year","news_type":1},"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129918680,"gmtCreate":1624350869040,"gmtModify":1703834148680,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Lol joke, and the people who bought in are also gonna be taken for a ride","listText":"Lol joke, and the people who bought in are also gonna be taken for a ride","text":"Lol joke, and the people who bought in are also gonna be taken for a ride","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129918680","repostId":"1162825947","repostType":4,"repost":{"id":"1162825947","pubTimestamp":1624350695,"share":"https://ttm.financial/m/news/1162825947?lang=&edition=fundamental","pubTime":"2021-06-22 16:31","market":"us","language":"en","title":"Torchlight Energy upsizes stock offering by $150M but shares keep climbing","url":"https://stock-news.laohu8.com/highlight/detail?id=1162825947","media":"seekingalpha","summary":"Looking to cash in on the blistering rally that has doubled the stock price in the past week, Torchl","content":"<p>Looking to cash in on the blistering rally that has doubled the stock price in the past week, Torchlight Energy(NASDAQ:TRCH)discloses itupsized its stock offering to $250Mfrom the$100M it planned previously.</p>\n<p>Shares+10.08%&nbsp;pre-market after soaring another 58% in Monday's regular trading to as high as $10.88, shattering its all-time high.</p>\n<p><img src=\"https://static.tigerbbs.com/1a8697d7fc068b4345dbed57a4ac6df9\" tg-width=\"658\" tg-height=\"495\"></p>\n<p>Torchlight has been one of the most discussed stocks on Stocktwits in recent days with overwhelmingly positive sentiment.</p>\n<p>A week ago, Torchlightdeclared a special dividendof preferred shares in connection with its merger deal with Metamaterial.</p>\n<p>But the company reported last month that its Q1 oil and natural gas revenues fell 97% Y/Y to a mere $2,471, saying sustained lossesraised \"substantial doubt\" about its ability to remain a going concern.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Torchlight Energy upsizes stock offering by $150M but shares keep climbing</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\">\nTorchlight Energy upsizes stock offering by $150M but shares keep climbing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3708510-torchlight-energy-upsizes-stock-offering-by-150m-but-shares-keep-climbing><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Looking to cash in on the blistering rally that has doubled the stock price in the past week, Torchlight Energy(NASDAQ:TRCH)discloses itupsized its stock offering to $250Mfrom the$100M it planned ...</p>\n\n<a href=\"https://seekingalpha.com/news/3708510-torchlight-energy-upsizes-stock-offering-by-150m-but-shares-keep-climbing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMAT":"Meta Materials Inc."},"source_url":"https://seekingalpha.com/news/3708510-torchlight-energy-upsizes-stock-offering-by-150m-but-shares-keep-climbing","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1162825947","content_text":"Looking to cash in on the blistering rally that has doubled the stock price in the past week, Torchlight Energy(NASDAQ:TRCH)discloses itupsized its stock offering to $250Mfrom the$100M it planned previously.\nShares+10.08% pre-market after soaring another 58% in Monday's regular trading to as high as $10.88, shattering its all-time high.\n\nTorchlight has been one of the most discussed stocks on Stocktwits in recent days with overwhelmingly positive sentiment.\nA week ago, Torchlightdeclared a special dividendof preferred shares in connection with its merger deal with Metamaterial.\nBut the company reported last month that its Q1 oil and natural gas revenues fell 97% Y/Y to a mere $2,471, saying sustained lossesraised \"substantial doubt\" about its ability to remain a going concern.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802668872,"gmtCreate":1627777441596,"gmtModify":1703495615982,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Cool i will really consider eh. The ARKK funds are useless","listText":"Cool i will really consider eh. The ARKK funds are useless","text":"Cool i will really consider eh. The ARKK funds are useless","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/802668872","repostId":"1162771150","repostType":4,"repost":{"id":"1162771150","pubTimestamp":1627703630,"share":"https://ttm.financial/m/news/1162771150?lang=&edition=fundamental","pubTime":"2021-07-31 11:53","market":"us","language":"en","title":"Anti-Ark ETF to Bet Against Cathie Wood’s Flagship Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=1162771150","media":"Bloomberg","summary":"(Bloomberg) -- Those who think Cathie Wood’s hot hand is cooling may soon be able to express that vi","content":"<p><img src=\"https://static.tigerbbs.com/c4146ce7b646737f980e36865e317ce9\" tg-width=\"704\" tg-height=\"396\" width=\"100%\" height=\"auto\"></p>\n<p>(Bloomberg) -- Those who think Cathie Wood’s hot hand is cooling may soon be able to express that view via an exchange-traded fund.</p>\n<p>The Short ARKK ETF would seek to track the inverse performance of the $23 billion Ark Innovation ETF (ticker ARKK) -- the largest fund in Ark Investment Management’s lineup -- through swaps contracts, according to a filing Friday with the U.S. Securities and Exchange Commission. The fund would trade under the ticker SARK and charge a 0.75% operating expense, in line with ARKK’s fee.</p>\n<p>If launched, SARK would serve as a bold bet against one of 2020’s most successful managers. ARKK surged roughly 150% last year with Wood at the helm, frequently doubling down on Tesla Inc. and other high-flying technology shares. However, some of the fund’s hottest stocks have since weighed on its performance as the market’s speculative fervor settles -- ARKK is underwater by 3.6% in 2021, versus the S&amp;P 500’s 17% gain.</p>\n<p>SARK would be managed by Matt Tuttle, chief executive officer at Tuttle Capital Management LLC, an issuer of thematic and actively-managed ETFs.</p>\n<p>“In sum, as ARKK already represents a long exposure to a basket of unprofitable tech stocks, we thought that investors should have access to the short side as well,” Tuttle wrote in an email. “Keep in mind there are a lot of non institutional investors, that cannot short stocks or ETFs or they may have trouble finding a borrow to put on the short.”</p>\n<p>A representative for Ark didn’t immediately respond to a request for comment.</p>\n<p>Those betting against ARKK via more traditional channels have been boosting those wagers recently. Short interest in the fund is currently 4.6% of shares outstanding, down slightly from a record 5.3% in March, according to data from IHS Markit Ltd.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Anti-Ark ETF to Bet Against Cathie Wood’s Flagship Fund</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\">\nAnti-Ark ETF to Bet Against Cathie Wood’s Flagship Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 11:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/anti-ark-etf-bet-against-231556607.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Those who think Cathie Wood’s hot hand is cooling may soon be able to express that view via an exchange-traded fund.\nThe Short ARKK ETF would seek to track the inverse performance of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/anti-ark-etf-bet-against-231556607.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/anti-ark-etf-bet-against-231556607.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162771150","content_text":"(Bloomberg) -- Those who think Cathie Wood’s hot hand is cooling may soon be able to express that view via an exchange-traded fund.\nThe Short ARKK ETF would seek to track the inverse performance of the $23 billion Ark Innovation ETF (ticker ARKK) -- the largest fund in Ark Investment Management’s lineup -- through swaps contracts, according to a filing Friday with the U.S. Securities and Exchange Commission. The fund would trade under the ticker SARK and charge a 0.75% operating expense, in line with ARKK’s fee.\nIf launched, SARK would serve as a bold bet against one of 2020’s most successful managers. ARKK surged roughly 150% last year with Wood at the helm, frequently doubling down on Tesla Inc. and other high-flying technology shares. However, some of the fund’s hottest stocks have since weighed on its performance as the market’s speculative fervor settles -- ARKK is underwater by 3.6% in 2021, versus the S&P 500’s 17% gain.\nSARK would be managed by Matt Tuttle, chief executive officer at Tuttle Capital Management LLC, an issuer of thematic and actively-managed ETFs.\n“In sum, as ARKK already represents a long exposure to a basket of unprofitable tech stocks, we thought that investors should have access to the short side as well,” Tuttle wrote in an email. “Keep in mind there are a lot of non institutional investors, that cannot short stocks or ETFs or they may have trouble finding a borrow to put on the short.”\nA representative for Ark didn’t immediately respond to a request for comment.\nThose betting against ARKK via more traditional channels have been boosting those wagers recently. Short interest in the fund is currently 4.6% of shares outstanding, down slightly from a record 5.3% in March, according to data from IHS Markit Ltd.","news_type":1},"isVote":1,"tweetType":1,"viewCount":828,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174447777,"gmtCreate":1627133121799,"gmtModify":1703484656304,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Ah... okay","listText":"Ah... okay","text":"Ah... okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/174447777","repostId":"1109439356","repostType":4,"repost":{"id":"1109439356","pubTimestamp":1627096841,"share":"https://ttm.financial/m/news/1109439356?lang=&edition=fundamental","pubTime":"2021-07-24 11:20","market":"us","language":"en","title":"Musk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.","url":"https://stock-news.laohu8.com/highlight/detail?id=1109439356","media":"Barrons","summary":"This past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for Musk. But it could also be savvy. “It’s brilliant,” Gary Black tells Barron’s. Former Wall Street analyst and executive Black has amassed 80,000 Twitter followers for his views on stocks, including Tesla, which he owns shares in. “We like the move,” adds Wedbush analyst Dan Ives, also a Tesla bull. He rates the stock a Buy, w","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e34edc30ae38ac91a9f953a1dcae4dbc\" tg-width=\"930\" tg-height=\"619\" width=\"100%\" height=\"auto\"><span>Illustration by Elias Stein</span></p>\n<p>This past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for Musk. But it could also be savvy. “It’s brilliant,” Gary Black tells Barron’s. Former Wall Street analyst and executive Black has amassed 80,000 Twitter followers for his views on stocks, including Tesla, which he owns shares in. “We like the move,” adds Wedbush analyst Dan Ives, also a Tesla bull. He rates the stock a Buy, with a $1,000 price target. “While some will view it as letting competition in on Tesla’s supercharger moat, we disagree…”</p>\n<p>For all the competition between their makers, EVs account for less than 5% of all new cars sold in the U.S. The larger struggle remains between electric- and gasoline-powered vehicles. Anything Musk does to make buying electrics easier is good for Tesla. Besides, Tesla could make a lot of money by opening its network. Although Tesla didn’t respond to a question about potential pricing, charging won’t be free, and refusing to let others use the system would be like a gas station only servicing Fords. And charging eventually will be as ubiquitous as gas stations.</p>\n<p>Then there’s the free publicity and advertising. Opening up the charging network shows Tesla is interested in overall EV adoption and not just in selling its own vehicles. That’s positive for the brand. And it means that thousands of EV buyers will be pulling up to a Tesla logo, again and again.</p>\n<p>Investors brushed off the tweet. Tesla closed at $643.38 Friday, basically flat on the week, with earnings ahead. That’s probably right. For now, charging-for-all will probably matter more at the margins.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.</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\">\nMusk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 11:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-tesla-charging-network-51627090559><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Illustration by Elias Stein\nThis past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-tesla-charging-network-51627090559\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-tesla-charging-network-51627090559","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109439356","content_text":"Illustration by Elias Stein\nThis past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for Musk. But it could also be savvy. “It’s brilliant,” Gary Black tells Barron’s. Former Wall Street analyst and executive Black has amassed 80,000 Twitter followers for his views on stocks, including Tesla, which he owns shares in. “We like the move,” adds Wedbush analyst Dan Ives, also a Tesla bull. He rates the stock a Buy, with a $1,000 price target. “While some will view it as letting competition in on Tesla’s supercharger moat, we disagree…”\nFor all the competition between their makers, EVs account for less than 5% of all new cars sold in the U.S. The larger struggle remains between electric- and gasoline-powered vehicles. Anything Musk does to make buying electrics easier is good for Tesla. Besides, Tesla could make a lot of money by opening its network. Although Tesla didn’t respond to a question about potential pricing, charging won’t be free, and refusing to let others use the system would be like a gas station only servicing Fords. And charging eventually will be as ubiquitous as gas stations.\nThen there’s the free publicity and advertising. Opening up the charging network shows Tesla is interested in overall EV adoption and not just in selling its own vehicles. That’s positive for the brand. And it means that thousands of EV buyers will be pulling up to a Tesla logo, again and again.\nInvestors brushed off the tweet. Tesla closed at $643.38 Friday, basically flat on the week, with earnings ahead. That’s probably right. For now, charging-for-all will probably matter more at the margins.","news_type":1},"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130441998,"gmtCreate":1621562911414,"gmtModify":1704359703799,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Hahaha late to the game.. so many have been cleaned off","listText":"Hahaha late to the game.. so many have been cleaned off","text":"Hahaha late to the game.. so many have been cleaned off","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/130441998","repostId":"1116833275","repostType":4,"repost":{"id":"1116833275","pubTimestamp":1621561121,"share":"https://ttm.financial/m/news/1116833275?lang=&edition=fundamental","pubTime":"2021-05-21 09:38","market":"us","language":"en","title":"Amid Elon Musk's Dogecoin Endorsement, SEC Warns On Investing In Anything On The Word Of 'Someone Famous'","url":"https://stock-news.laohu8.com/highlight/detail?id=1116833275","media":"benzinga","summary":"Amid Tesla Inc.(NASDAQ:TSLA) CEO Elon Musk’s Dogecoin(DOGE) endorsements, the U.S. Securities and Ex","content":"<p>Amid&nbsp;<b>Tesla Inc.</b>(NASDAQ:TSLA) CEO Elon Musk’s&nbsp;<b>Dogecoin</b>(DOGE) endorsements, the U.S. Securities and Exchange Commission has cautioned investors not to make investment decisions just because an investment has been recommended by “someone famous.”</p><p><b>What Happened</b>: The SEC’s Office of Investor Education and Advocacy took to Twitter to warn investors against making decisions just based on celebrity endorsements.</p><p>A Twitter user immediately responded by asking whether he should buy Dogecoin because Musk has recommended the meme cryptocurrency as a good investment.</p><p><b>Why It Matters:</b>Created mainly as a joke in 2013, Dogecoin has shot to prominence this year, in major part due to endorsement from Musk.</p><p>Musk boasts more than 55 million followers on Twitter and his tweets on Dogecoin sometimes havean overwhelming impacton the price of the meme cryptocurrency.</p><p>However, Musk’srecent appearanceon Saturday Night Live seemed to have the opposite effect for Dogecoin holders who had purchased the cryptocurrency at its highest prices in the days leading up to the event. During the show, Musk had referred to Dogecoin as “hustle,” causing the Shiba Inu-themed cryptocurrency to spiral downward.</p><p>Musk’s recent comments about apex cryptocurrencyBitcoin(BTC) and Dogecoin have alsowhipsawedthe cryptocurrency markets.</p><p><b>Price Action</b>: Dogecoin has lost 13.9% during the last 24 hours and is trading at $0.3525 at press time. Bitcoin is up 0.7% during the last 24 hours and is trading at $39,936.44.</p>","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>Amid Elon Musk's Dogecoin Endorsement, SEC Warns On Investing In Anything On The Word Of 'Someone Famous'</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\">\nAmid Elon Musk's Dogecoin Endorsement, SEC Warns On Investing In Anything On The Word Of 'Someone Famous'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 09:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/21/05/21210034/amid-elon-musks-dogecoin-endorsement-sec-warns-on-investing-in-anything-on-the-word-of-som><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid Tesla Inc.(NASDAQ:TSLA) CEO Elon Musk’s Dogecoin(DOGE) endorsements, the U.S. Securities and Exchange Commission has cautioned investors not to make investment decisions just because an ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/05/21210034/amid-elon-musks-dogecoin-endorsement-sec-warns-on-investing-in-anything-on-the-word-of-som\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/05/21210034/amid-elon-musks-dogecoin-endorsement-sec-warns-on-investing-in-anything-on-the-word-of-som","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116833275","content_text":"Amid Tesla Inc.(NASDAQ:TSLA) CEO Elon Musk’s Dogecoin(DOGE) endorsements, the U.S. Securities and Exchange Commission has cautioned investors not to make investment decisions just because an investment has been recommended by “someone famous.”What Happened: The SEC’s Office of Investor Education and Advocacy took to Twitter to warn investors against making decisions just based on celebrity endorsements.A Twitter user immediately responded by asking whether he should buy Dogecoin because Musk has recommended the meme cryptocurrency as a good investment.Why It Matters:Created mainly as a joke in 2013, Dogecoin has shot to prominence this year, in major part due to endorsement from Musk.Musk boasts more than 55 million followers on Twitter and his tweets on Dogecoin sometimes havean overwhelming impacton the price of the meme cryptocurrency.However, Musk’srecent appearanceon Saturday Night Live seemed to have the opposite effect for Dogecoin holders who had purchased the cryptocurrency at its highest prices in the days leading up to the event. During the show, Musk had referred to Dogecoin as “hustle,” causing the Shiba Inu-themed cryptocurrency to spiral downward.Musk’s recent comments about apex cryptocurrencyBitcoin(BTC) and Dogecoin have alsowhipsawedthe cryptocurrency markets.Price Action: Dogecoin has lost 13.9% during the last 24 hours and is trading at $0.3525 at press time. Bitcoin is up 0.7% during the last 24 hours and is trading at $39,936.44.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575626679495161","authorId":"3575626679495161","authorIdStr":"3575626679495161","name":"PutraHafiz","avatar":"https://static.tigerbbs.com/42a039590d263c3993267bd41ebe50fc","crmLevel":1,"crmLevelSwitch":0,"idStr":"3575626679495161"},"content":"This Elon is Setan dont u think so?","text":"This Elon is Setan dont u think so?","html":"This Elon is Setan dont u think so?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801056294,"gmtCreate":1627475731318,"gmtModify":1703490658084,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Nithing will change..","listText":"Nithing will change..","text":"Nithing will change..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/801056294","repostId":"2154923466","repostType":4,"repost":{"id":"2154923466","pubTimestamp":1627473047,"share":"https://ttm.financial/m/news/2154923466?lang=&edition=fundamental","pubTime":"2021-07-28 19:50","market":"us","language":"en","title":"Blip or bad moon rising? Fed meets amid COVID-19 surge, inflation jitters","url":"https://stock-news.laohu8.com/highlight/detail?id=2154923466","media":"StreetInsider","summary":"WASHINGTON (Reuters) - The Federal Reserve will conclude its latest policy meeting on Wednesday weig","content":"<p>WASHINGTON (Reuters) - The Federal Reserve will conclude its latest policy meeting on Wednesday weighing the risks of a COVID-19 resurgence in the United States and a potentially slower economic recovery against a developing inflation threat that had been its main focus.</p>\n<p>Fed officials are expected to continue their debate over when to wean the economy from the measures put in place more than a year ago to fight the pandemic's economic aftershock, and in particular to discuss when to reduce the $120 billion in Treasury bonds and mortgage-backed securities the U.S. central bank is buying each month to hold down long-term interest rates.</p>\n<p>But that discussion, begun in earnest just six weeks ago when U.S. cases of COVID-19 were falling under the influence of vaccinations, has been complicated by the rapid spread of the more infectious Delta variant of the virus, the renewal of crisis conditions in some hospitals, and reinstated mask mandates in some cities.</p>\n<p>Though focused mostly on the 40% of the adult U.S. population that remains unvaccinated, the current outbreak nevertheless raises fresh tensions for the Fed over whether planning to fend off inflation should be the top concern at a time when the health crisis may yet curb an otherwise ebullient recovery.</p>\n<p>Graphic: Infections rise again: https://graphics.reuters.com/USA-ECONOMY/CORONAVIRUS/akpezggydvr/chart.png</p>\n<p>\"Sadly, (Fed Chair Jerome) Powell will have to acknowledge the downside risks that are beginning to emerge,\" Diane Swonk, chief economist at Grant Thornton, wrote ahead of the Fed's two-day policy meeting this week. \"The question mark is how spread of the Delta variant affects the return to work and whether it dampens some of the demand for services\" that had begun to lead the recovery and pull millions of sidelined people back into jobs.</p>\n<p>The economy still is 6.8 million jobs short of where it was before the pandemic's onset in early 2020, and Powell has said the country remains \"a ways off\" from the progress he wants to see before changing any of the Fed's efforts at encouraging job growth. Powell will hold a news conference following the 2 p.m. EDT (1800 GMT) release of the Fed's latest policy statement.</p>\n<p>Graphic: \"Substantial further progress\" for the Fed?: https://graphics.reuters.com/USA-ECONOMY/FEDPROGRESS/yzdvxmmmdpx/chart.png</p>\n<p><b>INFECTIONS AND INFLATION</b></p>\n<p>The Fed remains in full crisis-fighting mode more than 16 months into a national state of emergency, continuing to hold its benchmark overnight interest rate near zero and buying bonds at a pace some policymakers have begun to question openly as too aggressive. Inflation is taking off, they note, and housing prices have hit record highs thanks in part to the relatively low interest rates on home mortgages.</p>\n<p>To avoid bigger problems down the road the Fed should pull back \"sooner rather than later,\" Dallas Fed President Robert Kaplan said after the June 15-16 policy meeting. St. Louis Fed President James Bullard has voiced similar sentiments - only to see Missouri's second-biggest city reimpose an indoor mask mandate amid a rapid coronavirus outbreak in the state.</p>\n<p>Nationally, daily infections have risen about fourfold since the Fed met in June, making what had seemed a straightforward process - a turn from fighting recession to managing the rising prices and other risks of a strong recovery - into a more nuanced debate over how to continue planning for the pandemic's end while also acknowledging its persistence.</p>\n<p>A new Reuters poll showed 160 of 202 economists, or about 80%, said the spread of new coronavirus variants was the biggest risk to the recovery.</p>\n<p>The latest surge in cases has not shown up clearly yet in the economic data. Consumer confidence remains high and people are still boarding planes and heading to restaurants.</p>\n<p>Graphic: U.S. air travel is resuming: https://graphics.reuters.com/USA-ECONOMY/TRAVEL/zgpomwnnapd/chart.png</p>\n<p>Still, Bank of America analysts recently drew a cautionary tale from Michigan, where a wave of infections in February appeared to dent hiring and consumer spending.</p>\n<p>\"So far we have seen little evidence of the Delta variant significantly affecting economic activity or spending on services,\" those analysts wrote. But \"we have good reason to be concerned about the current outbreak and what it means.\"</p>\n<p><b>TAPER TALK CONTINUES</b></p>\n<p>Amid those risks, there's also no guarantee that inflation will fade on a timetable within the Fed's comfort zone - possibly leaving the central caught between slower growth and rising prices, the worst of both worlds.</p>\n<p>A new Fed framework ostensibly allows inflation to run above the central bank's formal 2% target to give the economy more room to generate jobs.</p>\n<p>That approach, however, was designed after a decade of low inflation, and on an expectation the chief challenge would be raising the weak pace of price increases. Yet as of May, with the world economy beset by supply-chain problems and other challenges tied to the economic reopening, the Fed's preferred inflation measure was nearly twice the target rate.</p>\n<p>If that trend continues \"they would have to say at some point 'we do have to remove accommodation' ... and they could not wait for maximum employment\" before raising interest rates, as their current policy pledges to do, said Bill English, a Yale School of Management professor and former head of the Fed's monetary affairs division.</p>\n<p>For that reason alone, Fed planning over how to reduce its bond-buying program is expected to continue. The central bank wants the monthly purchases to end before considering an interest rate increase, and the process of tapering them could take perhaps a year to complete - a lengthy runway if inflation persists and rate increases become more urgent.</p>\n<p>Officials have also promised ample advance notice before actually making any change, adding more months to the timetable.</p>\n<p>So far, officials are not foreclosing any option. Market analysts say they expect the Fed to clarify its plans for ending the bond-buying in the fall, and perhaps begin reducing purchases early next year.</p>\n<p>That presumes U.S. hiring continues, and that travel, dining out, and other close-contact social activities also recover.</p>\n<p>In an update to its World Economic Outlook, the International Monetary Fund on Tuesday raised its forecast for U.S. growth in 2021 to a torrid 7%. But in a related blog, Gita Gopinath, the IMF's chief economist, cautioned central banks not to be distracted into \"prematurely tightening policies\" by a rise in inflation that was expected to fade on its own.</p>\n<p>\"The recovery is not assured until the pandemic is beaten back globally,\" she wrote.</p>","source":"highlight_streetinsider","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>Blip or bad moon rising? Fed meets amid COVID-19 surge, inflation jitters</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\">\nBlip or bad moon rising? Fed meets amid COVID-19 surge, inflation jitters\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18729870><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) - The Federal Reserve will conclude its latest policy meeting on Wednesday weighing the risks of a COVID-19 resurgence in the United States and a potentially slower economic ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18729870\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18729870","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154923466","content_text":"WASHINGTON (Reuters) - The Federal Reserve will conclude its latest policy meeting on Wednesday weighing the risks of a COVID-19 resurgence in the United States and a potentially slower economic recovery against a developing inflation threat that had been its main focus.\nFed officials are expected to continue their debate over when to wean the economy from the measures put in place more than a year ago to fight the pandemic's economic aftershock, and in particular to discuss when to reduce the $120 billion in Treasury bonds and mortgage-backed securities the U.S. central bank is buying each month to hold down long-term interest rates.\nBut that discussion, begun in earnest just six weeks ago when U.S. cases of COVID-19 were falling under the influence of vaccinations, has been complicated by the rapid spread of the more infectious Delta variant of the virus, the renewal of crisis conditions in some hospitals, and reinstated mask mandates in some cities.\nThough focused mostly on the 40% of the adult U.S. population that remains unvaccinated, the current outbreak nevertheless raises fresh tensions for the Fed over whether planning to fend off inflation should be the top concern at a time when the health crisis may yet curb an otherwise ebullient recovery.\nGraphic: Infections rise again: https://graphics.reuters.com/USA-ECONOMY/CORONAVIRUS/akpezggydvr/chart.png\n\"Sadly, (Fed Chair Jerome) Powell will have to acknowledge the downside risks that are beginning to emerge,\" Diane Swonk, chief economist at Grant Thornton, wrote ahead of the Fed's two-day policy meeting this week. \"The question mark is how spread of the Delta variant affects the return to work and whether it dampens some of the demand for services\" that had begun to lead the recovery and pull millions of sidelined people back into jobs.\nThe economy still is 6.8 million jobs short of where it was before the pandemic's onset in early 2020, and Powell has said the country remains \"a ways off\" from the progress he wants to see before changing any of the Fed's efforts at encouraging job growth. Powell will hold a news conference following the 2 p.m. EDT (1800 GMT) release of the Fed's latest policy statement.\nGraphic: \"Substantial further progress\" for the Fed?: https://graphics.reuters.com/USA-ECONOMY/FEDPROGRESS/yzdvxmmmdpx/chart.png\nINFECTIONS AND INFLATION\nThe Fed remains in full crisis-fighting mode more than 16 months into a national state of emergency, continuing to hold its benchmark overnight interest rate near zero and buying bonds at a pace some policymakers have begun to question openly as too aggressive. Inflation is taking off, they note, and housing prices have hit record highs thanks in part to the relatively low interest rates on home mortgages.\nTo avoid bigger problems down the road the Fed should pull back \"sooner rather than later,\" Dallas Fed President Robert Kaplan said after the June 15-16 policy meeting. St. Louis Fed President James Bullard has voiced similar sentiments - only to see Missouri's second-biggest city reimpose an indoor mask mandate amid a rapid coronavirus outbreak in the state.\nNationally, daily infections have risen about fourfold since the Fed met in June, making what had seemed a straightforward process - a turn from fighting recession to managing the rising prices and other risks of a strong recovery - into a more nuanced debate over how to continue planning for the pandemic's end while also acknowledging its persistence.\nA new Reuters poll showed 160 of 202 economists, or about 80%, said the spread of new coronavirus variants was the biggest risk to the recovery.\nThe latest surge in cases has not shown up clearly yet in the economic data. Consumer confidence remains high and people are still boarding planes and heading to restaurants.\nGraphic: U.S. air travel is resuming: https://graphics.reuters.com/USA-ECONOMY/TRAVEL/zgpomwnnapd/chart.png\nStill, Bank of America analysts recently drew a cautionary tale from Michigan, where a wave of infections in February appeared to dent hiring and consumer spending.\n\"So far we have seen little evidence of the Delta variant significantly affecting economic activity or spending on services,\" those analysts wrote. But \"we have good reason to be concerned about the current outbreak and what it means.\"\nTAPER TALK CONTINUES\nAmid those risks, there's also no guarantee that inflation will fade on a timetable within the Fed's comfort zone - possibly leaving the central caught between slower growth and rising prices, the worst of both worlds.\nA new Fed framework ostensibly allows inflation to run above the central bank's formal 2% target to give the economy more room to generate jobs.\nThat approach, however, was designed after a decade of low inflation, and on an expectation the chief challenge would be raising the weak pace of price increases. Yet as of May, with the world economy beset by supply-chain problems and other challenges tied to the economic reopening, the Fed's preferred inflation measure was nearly twice the target rate.\nIf that trend continues \"they would have to say at some point 'we do have to remove accommodation' ... and they could not wait for maximum employment\" before raising interest rates, as their current policy pledges to do, said Bill English, a Yale School of Management professor and former head of the Fed's monetary affairs division.\nFor that reason alone, Fed planning over how to reduce its bond-buying program is expected to continue. The central bank wants the monthly purchases to end before considering an interest rate increase, and the process of tapering them could take perhaps a year to complete - a lengthy runway if inflation persists and rate increases become more urgent.\nOfficials have also promised ample advance notice before actually making any change, adding more months to the timetable.\nSo far, officials are not foreclosing any option. Market analysts say they expect the Fed to clarify its plans for ending the bond-buying in the fall, and perhaps begin reducing purchases early next year.\nThat presumes U.S. hiring continues, and that travel, dining out, and other close-contact social activities also recover.\nIn an update to its World Economic Outlook, the International Monetary Fund on Tuesday raised its forecast for U.S. growth in 2021 to a torrid 7%. But in a related blog, Gita Gopinath, the IMF's chief economist, cautioned central banks not to be distracted into \"prematurely tightening policies\" by a rise in inflation that was expected to fade on its own.\n\"The recovery is not assured until the pandemic is beaten back globally,\" she wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":911,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166819233,"gmtCreate":1624001278822,"gmtModify":1703826214174,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Agreed, going big on Baba!!","listText":"Agreed, going big on Baba!!","text":"Agreed, going big on Baba!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/166819233","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","pubTimestamp":1623978463,"share":"https://ttm.financial/m/news/1175693382?lang=&edition=fundamental","pubTime":"2021-06-18 09:07","market":"us","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is probably the most undervalued growth stock right now.</li>\n <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>\n <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>\n <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p>\n<p><b>The Technical Thesis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p>\n<p>Alibaba’s&nbsp;stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p>\n<p><b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p>\n<p>BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p>\n<p>Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p>\n<p>When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&amp;A, and therefore skewed its EBIT margin to the downside.</p>\n<p>One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of&nbsp;823M AAC&nbsp;in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only&nbsp;100M AAC in Q2’C17&nbsp;as compared to BABA’s 466M AAC in the same period.</p>\n<p>Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p>\n<p>Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics &amp; revenue growth forecast. Data source: S&amp;P Capital IQ</span></p>\n<p>We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p>\n<p>BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p>\n<p>Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p>\n<p><b>BABA's Valuations Look Highly Compelling</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&amp;P Capital IQ</span></p>\n<p>When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&amp;P Capital IQ</span></p>\n<p>By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p>\n<p><b>Risks to Assumptions</b></p>\n<p>Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</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>Alibaba Stock: The Bottoming Process Looks To Be Forming Already</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock: The Bottoming Process Looks To Be Forming Already\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short...</p>\n\n<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"idStr":"3581727570212837"},"content":"lets go lets go, go big and biggee","text":"lets go lets go, go big and biggee","html":"lets go lets go, go big and biggee"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190459064,"gmtCreate":1620646689258,"gmtModify":1704346045588,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Not bad not bad","listText":"Not bad not bad","text":"Not bad not bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/190459064","repostId":"1127437077","repostType":4,"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"idStr":"3581727570212837"},"content":"more and more gloves!","text":"more and more gloves!","html":"more and more gloves!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830357283,"gmtCreate":1629017743342,"gmtModify":1676529911722,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Run alr guys.. please run first","listText":"Run alr guys.. please run first","text":"Run alr guys.. please run first","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/830357283","repostId":"2159145532","repostType":4,"repost":{"id":"2159145532","pubTimestamp":1628993103,"share":"https://ttm.financial/m/news/2159145532?lang=&edition=fundamental","pubTime":"2021-08-15 10:05","market":"us","language":"en","title":"AMC's \"Better\" Isn't the Same Thing as \"Good\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2159145532","media":"Motley Fool","summary":"The theater chain's recently ended quarter serves up the expected glimmer of a recovery, but things are still nowhere near normal.","content":"<p>The good news is movie theater chain <b>AMC Entertainment Holdings</b> (NYSE:AMC) topped last quarter's revenue and earnings estimates. The bad news is it's still deep in the red, and only selling a fraction of the number of tickets it was selling before the pandemic took hold.</p>\n<p>None of this is terribly shocking, of course. A year earlier, the world was largely shut down due to COVID-19. Though the contagion is still with us, consumers and businesses alike are coping. Theaters in the U.S. were mostly reopened by March -- before AMC's second quarter began -- and studios were at least willing to give theaters a try. Universal's <i>Fast and Furious</i> series entry <i>F9</i>&nbsp;debuted in June, catching the tail end of the quarter in question.<i> A Quiet Place, Part II,</i> and <i>Hitman's Wife's Bodyguard</i> were also released in May and June, respectively. <i>Godzilla vs. Kong</i> was in theaters back in April. They weren't necessarily must-sees, but for newly vaccinated movie-goers ready to get out and do something close to normal again, they were something.</p>\n<p>As it turns out, though, they were still very little. AMC has miles to go before nearing the sort of business it was doing before the coronavirus rattled the world.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f60e80beb92a6bcec1a0ff4dbc1b82bd\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>A still-ugly picture</h2>\n<p>The image below speaks volumes, plotting the number of movie tickets AMC sold every quarter through the quarter ending in June. Also plotted are the company's historical quarterly revenue, adjusted EBITDA, and operating profit (or loss), which is a function of those ticket sales. As the saying goes, read 'em and weep.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F638611%2F081021-amc-fiscal-history.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"403\" width=\"100%\" height=\"auto\"><span>Data source: AMC Entertainment Holdings. Chart by author. Fiscal data is in millions. Ticket data is in thousands.</span></p>\n<p>Last quarter's 22.1 million tickets sold is around a fourth of the company's usual quarterly ticket sales, around 90 million. Q2's revenue of $444.7 million is roughly a third of the normal figure of $1.3 billion. The most recent results are clearly better than the non-existent numbers being produced a year ago, but still, we're miles away from the pre-pandemic norm. The company's also still deep in the red, reporting an operating loss of $296.6 million and negative adjusted EBITDA of $150.8 million.</p>\n<p>Neither the numbers nor the trend should be surprising, even if analysts and investors alike could only make broad guesses given that the turnaround remains a work in progress. Any revenue and earnings estimate that's even close to the actual reported figure is impressive in light of the circumstances.</p>\n<p>The earnings beat itself, however, has largely obscured more important matters and left important questions unanswered. Chief among these questions is, how much longer will it take the entire movie industry to crawl all the way out of the hole it's still clearly in?</p>\n<h2>From sizzle to fizzle</h2>\n<p>The release of <i>F9</i> in June drew patrons back to theaters, to be sure. Box Office Mojo reports domestic ticket sales of nearly $99 million for that late-June weekend, which was the best weekend the business had seen since February of last year.&nbsp;<b>Walt Disney</b>'s (NYSE:DIS) <i>Black Widow</i> led an even better weekend in early July, leading to $117 million worth of ticket sales in the U.S.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e24f62e8ffec16871093643907bf6e1f\" tg-width=\"700\" tg-height=\"406\" width=\"100%\" height=\"auto\"><span>Data source: Box Office Mojo. Chart by author.</span></p>\n<p>Things have clearly cooled off in the meantime, however, despite reasonably splashy titles like<i> Jungle Cruise, Space Jam: A New Legacy</i>, and <i>The Suicide Squad</i> being in theaters. <i>Hitman's Wife's Bodyguard</i> and <i>A Quiet Place, Part II</i> are also still in theaters, offering at least something theatrical to a wide audience. Consumers just aren't as stoked about going to the movies as they were a month ago.</p>\n<p>Can AMC explain these gloomy trends with the resurgence of COVID-19 via the delta variant? Sure, that's a headwind that can't be ignored. Something else that can't be ignored, however, is the fact that<i> Jungle Cruise, The Suicide Squad, Space Jam: A New Legacy, Black Widow,</i> and <i>F9</i> can all be streamed at home.</p>\n<h2>Bottom line</h2>\n<p>This isn't a forecast for a complete collapse of AMC. One way or another, the theater chain will carry on. It may require some sort of reorganization or debt restructuring, but the name will survive.</p>\n<p>The return to normalcy (or profitability) is at least several quarters away, though, and that could be a few rough quarters. In the meantime, this company has to justify an $18.5 billion market cap, never having produced more than a billion dollars' worth of EBITDA in any four-quarter stretch and never having turned an annualized operating profit of more than $265 million in any four-quarter span -- even in its 2018 heyday.</p>\n<p>At the very least, AMC investors should exercise caution. These investors should also start asking exactly how AMC is going to convince a bunch of consumers to fall out of love with streaming new releases at home. There might not be a good answer to that question.</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>AMC's \"Better\" Isn't the Same Thing as \"Good\"</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\">\nAMC's \"Better\" Isn't the Same Thing as \"Good\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-15 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/14/amcs-better-isnt-the-same-thing-as-good/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The good news is movie theater chain AMC Entertainment Holdings (NYSE:AMC) topped last quarter's revenue and earnings estimates. The bad news is it's still deep in the red, and only selling a fraction...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/14/amcs-better-isnt-the-same-thing-as-good/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/08/14/amcs-better-isnt-the-same-thing-as-good/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159145532","content_text":"The good news is movie theater chain AMC Entertainment Holdings (NYSE:AMC) topped last quarter's revenue and earnings estimates. The bad news is it's still deep in the red, and only selling a fraction of the number of tickets it was selling before the pandemic took hold.\nNone of this is terribly shocking, of course. A year earlier, the world was largely shut down due to COVID-19. Though the contagion is still with us, consumers and businesses alike are coping. Theaters in the U.S. were mostly reopened by March -- before AMC's second quarter began -- and studios were at least willing to give theaters a try. Universal's Fast and Furious series entry F9 debuted in June, catching the tail end of the quarter in question. A Quiet Place, Part II, and Hitman's Wife's Bodyguard were also released in May and June, respectively. Godzilla vs. Kong was in theaters back in April. They weren't necessarily must-sees, but for newly vaccinated movie-goers ready to get out and do something close to normal again, they were something.\nAs it turns out, though, they were still very little. AMC has miles to go before nearing the sort of business it was doing before the coronavirus rattled the world.\nImage source: Getty Images.\nA still-ugly picture\nThe image below speaks volumes, plotting the number of movie tickets AMC sold every quarter through the quarter ending in June. Also plotted are the company's historical quarterly revenue, adjusted EBITDA, and operating profit (or loss), which is a function of those ticket sales. As the saying goes, read 'em and weep.\nData source: AMC Entertainment Holdings. Chart by author. Fiscal data is in millions. Ticket data is in thousands.\nLast quarter's 22.1 million tickets sold is around a fourth of the company's usual quarterly ticket sales, around 90 million. Q2's revenue of $444.7 million is roughly a third of the normal figure of $1.3 billion. The most recent results are clearly better than the non-existent numbers being produced a year ago, but still, we're miles away from the pre-pandemic norm. The company's also still deep in the red, reporting an operating loss of $296.6 million and negative adjusted EBITDA of $150.8 million.\nNeither the numbers nor the trend should be surprising, even if analysts and investors alike could only make broad guesses given that the turnaround remains a work in progress. Any revenue and earnings estimate that's even close to the actual reported figure is impressive in light of the circumstances.\nThe earnings beat itself, however, has largely obscured more important matters and left important questions unanswered. Chief among these questions is, how much longer will it take the entire movie industry to crawl all the way out of the hole it's still clearly in?\nFrom sizzle to fizzle\nThe release of F9 in June drew patrons back to theaters, to be sure. Box Office Mojo reports domestic ticket sales of nearly $99 million for that late-June weekend, which was the best weekend the business had seen since February of last year. Walt Disney's (NYSE:DIS) Black Widow led an even better weekend in early July, leading to $117 million worth of ticket sales in the U.S.\nData source: Box Office Mojo. Chart by author.\nThings have clearly cooled off in the meantime, however, despite reasonably splashy titles like Jungle Cruise, Space Jam: A New Legacy, and The Suicide Squad being in theaters. Hitman's Wife's Bodyguard and A Quiet Place, Part II are also still in theaters, offering at least something theatrical to a wide audience. Consumers just aren't as stoked about going to the movies as they were a month ago.\nCan AMC explain these gloomy trends with the resurgence of COVID-19 via the delta variant? Sure, that's a headwind that can't be ignored. Something else that can't be ignored, however, is the fact that Jungle Cruise, The Suicide Squad, Space Jam: A New Legacy, Black Widow, and F9 can all be streamed at home.\nBottom line\nThis isn't a forecast for a complete collapse of AMC. One way or another, the theater chain will carry on. It may require some sort of reorganization or debt restructuring, but the name will survive.\nThe return to normalcy (or profitability) is at least several quarters away, though, and that could be a few rough quarters. In the meantime, this company has to justify an $18.5 billion market cap, never having produced more than a billion dollars' worth of EBITDA in any four-quarter stretch and never having turned an annualized operating profit of more than $265 million in any four-quarter span -- even in its 2018 heyday.\nAt the very least, AMC investors should exercise caution. These investors should also start asking exactly how AMC is going to convince a bunch of consumers to fall out of love with streaming new releases at home. There might not be a good answer to that question.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170703843,"gmtCreate":1626448922282,"gmtModify":1703760476751,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Did anyone ask them what happens to these stock tokens after the end date?","listText":"Did anyone ask them what happens to these stock tokens after the end date?","text":"Did anyone ask them what happens to these stock tokens after the end date?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/170703843","repostId":"1166259454","repostType":4,"repost":{"id":"1166259454","pubTimestamp":1626438129,"share":"https://ttm.financial/m/news/1166259454?lang=&edition=fundamental","pubTime":"2021-07-16 20:22","market":"other","language":"en","title":"Cryptocurrency Exchange Binance to Stop Support for Stock Tokens","url":"https://stock-news.laohu8.com/highlight/detail?id=1166259454","media":"Bloomberg","summary":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurr","content":"<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.</p>\n<p>The products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.</p>\n<p>Stock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.</p>\n<p>“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.</p>\n<p>Binance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.</p>\n<p>Binance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.</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>Cryptocurrency Exchange Binance to Stop Support for Stock Tokens</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\">\nCryptocurrency Exchange Binance to Stop Support for Stock Tokens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166259454","content_text":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.\nStock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.\n“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.\nBinance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.\nBinance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158100090,"gmtCreate":1625133242410,"gmtModify":1703736806022,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Haha no, it is too high, IMO","listText":"Haha no, it is too high, IMO","text":"Haha no, it is too high, IMO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/158100090","repostId":"1152226778","repostType":4,"repost":{"id":"1152226778","pubTimestamp":1625130665,"share":"https://ttm.financial/m/news/1152226778?lang=&edition=fundamental","pubTime":"2021-07-01 17:11","market":"us","language":"en","title":"Is Tesla's Current Price Sustainable With The Upcoming Rate Hikes?","url":"https://stock-news.laohu8.com/highlight/detail?id=1152226778","media":"seekingalpha","summary":"The latest FOMC meeting confirmed that the imminent rate hikes might be coming sooner than expected.The quarterly projections showed that the FOMC anticipates two interest rate increases by the end of 2023, inching towards a target rate of 2.5% in the longer term.We believe the California-based EV maker’s current stock price is already reflective of its upside potential, with the potential impact from upcoming rate hikes already priced in.Based on Tesla’s current debt maturity profile, the compa","content":"<p><b>Summary</b></p>\n<ul>\n <li>The latest FOMC meeting confirmed that the imminent rate hikes might be coming sooner than expected.</li>\n <li>The quarterly projections showed that the FOMC anticipates two interest rate increases by the end of 2023, inching towards a target rate of 2.5% in the longer term.</li>\n <li>With growth stocks benefiting from the past year of low rates, investors are now left wondering how the upcoming rate hikes will impact Tesla's price performance in the near term.</li>\n <li>We believe the California-based EV maker’s current stock price is already reflective of its upside potential, with the potential impact from upcoming rate hikes already priced in.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f7774639ba18b73c8fc7e00f439fee7\" tg-width=\"1536\" tg-height=\"1036\"><span>Justin Sullivan/Getty Images News</span></p>\n<p>Federal Reserve Chair Jerome Powell has confirmed last week that the anticipated timing and pace of interest rate hikes from the current near-zero levels will be pulled forward in response to increasing inflation risks. The quarterly projections showed that the FOMC anticipatestwo interest rate increases&nbsp;by the end of 2023 as opposed to the initially expected timeline of 2024; and the rate hikes will inch towards a target rate of approximately 2.5% in the longer term, akin to the&nbsp;last rate-hike cycle&nbsp;observed between 2015 and 2018.</p>\n<p>With growth stocks across the disruptive technology industry, including the electric vehicles (“EV”) sector, benefiting from the past year of low rates, investors have begun to question how the upcoming interest rate increases will impact prospects moving forward. The market has already pulled back from its peak in February following a&nbsp;growth stock sell-off&nbsp;triggered by the jump in government bond yields – notable names within the EV sector, including industry leader Tesla (NASDAQ: TSLA), have been down by more than 20% since. While investors continue to wonder how the upcoming rate hikes will impact Tesla, we believe the California-based EV maker’s current stock price is already reflective of its upside potential and the impact from upcoming rate hikes. The following analysis will showcase how we have arrived at our thesis, and also quantify the potential impact that the upcoming interest rate increases will have on Tesla’s valuation.</p>\n<p><b>The Impact on Tesla’s Effective Interest Rate and WACC</b></p>\n<p>In 2020, Tesla reported annual interest expenses of $748 million, representing approximately 5% of their portfolio of outstanding debt (excluding finance leases). This represents a spread of approximately 350 bps on the current 10-year Treasury yield of approximately 1.5%, which is consistent with the spread to benchmark Treasury of 320 bps on Tesla’s latest issuance of the fixed-rate&nbsp;2025 Senior Notes.</p>\n<p>Based on Tesla’s current debt maturity profile, the company will likely be refinancing a large portion of their debt coming due between 2022 and 2025 in order to support their ongoing capex needs on the construction of new manufacturing plants, as well as R&amp;D spending on technological advancements related to battery cells and autonomous driving. The potential refinancing timeline also coincides with the projected timeline of federal fund rate hikes based on the FOMC’s latest meeting on June 16th.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa95de982d7206e7e375327930ed6548\" tg-width=\"640\" tg-height=\"281\"><span>Source: Bloomberg</span></p>\n<p>In order to forecast the new cost on Tesla’s future debt refinancing, we have used the historical rate hike trend observed between 2015 and 2018 as a proxy for the timing and extent of upcoming rate increases, and the related historical 10-year Treasury yields as a proxy for projected benchmark Treasury. On this basis, the projected 10-year Treasury yield could exceed 3% by 2025 following the upcoming rate increases.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/908c2e971f129f9c0b082ac40922ce54\" tg-width=\"640\" tg-height=\"180\"><span>Source: Author, with data from treasury.gov</span></p>\n<p>By adding Tesla’s historical spread of 350 bps to the forecasted benchmark Treasury yield of up to 3% as analyzed above, the effective interest rate that Tesla is expected to pay on their debt profile could rise from the current 5% up to more than 6.5% by 2024 to 2030. Taking this into consideration, we are forecasting interest expense of approximately $534 million by the end of 2021, with growth towards $660 million on an annual basis by the end of the decade, assuming $9.5 billion to $10 billion of outstanding debt based on Tesla’s current capital structure. Based on these projections, the upcoming rate increase’s impact on Tesla’s bottom line will be approximately $126 million of incremental interest expenses on an annual basis from 2026 onwards.</p>\n<p>The upcoming rate hikes will also increase the weighted average cost of capital (“WACC”) used to discount the Tesla’s projected free cash flows, which will result in material changes to the company’s valuation. Considering the forecasted increase of Tesla’s effective interest rate on debt to 6.5% on a forward-looking basis and a&nbsp;risk-free rate of 2.5%&nbsp;based on projected 10-year Treasury yield post rate-hikes, Tesla’s company-specific risk premium (“CSRP”) used to compute the WACC would be approximately 4%. The weighted average cost of debt used to compute the WACC would also increase to approximately 7%. This would accordingly result in a WACC of 16% based on Tesla’s current debt-to-equity capital structure:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4978fdd429f8a0eb118e1e007629e0af\" tg-width=\"491\" tg-height=\"572\"><span>Source: Author, with data from our internal valuation model (Tesla_-_Valuation.pdf).</span></p>\n<p><b>The Impact on Tesla’s Valuation</b></p>\n<p>In order to evaluate the above-derived WACC’s impact on Tesla’s valuation, we have performed a 10-year discounted cash flow (“DCF”) analysis based on the company’s projected financials. The following will first briefly discuss the growth assumptions used in our projected financials for Tesla over the 10-year discrete period. Then, we will proceed to explain the inputs used in our DCF analysis and compute our valuation for Tesla.</p>\n<p><b>Financial Projections</b></p>\n<p>In our base case forecast, we have applied conservative growth assumptions based on Tesla’s current business environment and growth initiatives, as well as market outlooks obtained from external research.</p>\n<p>With government intervention through implementation of strict climate change policies and favourable financial incentives, combined with technological advances made to battery cells and charging infrastructure to extend the travel range of EVs, consumer perception of the new mode of transportation has significantly improved in recent years. Global EV sales are expected to&nbsp;outpace gasoline engines by 2033, which is at least five years earlier than the initial timeline based on narratives from just a few months ago. The industry is projected to grow at a&nbsp;compounded annual growth rate (“CAGR”) of 21.1%&nbsp;into the end of the decade, with China representing the largest market.</p>\n<p><b>Projected Revenues and Cost of Sales</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c4d9074e98eb2ab8f1ac0c1fd27fd5f\" tg-width=\"640\" tg-height=\"182\"><span>Source: Author, with data from our internal financial forecasts (Tesla_-_Forecasted_Financial_Information.pdf).</span></p>\n<p>Based on the above growth trends observed across the EV sector, we are projecting revenues generated from the sale and leasing of Tesla vehicles to grow at a CAGR of approximately 20% into FY 2030; this is consistent with the company’s growing presence in the Chinese market, as well as the continuous ramp up in vehicle production and sales observed over the past year and in recent months. We are forecasting automotive revenues to increase by 43% year-over-year to approximately $38.9 billion by the end of 2021, and reach $149 billion by 2030 based on the 20% CAGR. And combined with the anticipated growth of ancillary revenues generated from Tesla’s energy and other services business segments, we are forecasting total revenues of $44.6 billion by the end of the year, and $155 billion by the end of the decade, representing a projected CAGR of 18% into 2030.</p>\n<p>Cost of revenues as a percentage of total revenues are expected to improve slightly over time due to cost efficiencies achieved through economies of scale as Tesla’s vehicle and energy generation / storage solutions sales continue to ramp up. We are forecasting total cost of revenues to increase at a CAGR of 17% into 2030, which is in line with our revenue growth projections. This would accordingly result in projected cost of revenues of $34.9 billion by the end of the year and $116.5 billion by 2030, representing gross profit margin improvements from 21% in 2020 to approximately 25% by 2030 which is in line with guidance observed across industry peers such as Lucid Motors (NYSE: CCIV).</p>\n<p><b>Projected Operating Expenses and Other Expenses</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0331422e2460dc16d5c0242f4c340e6b\" tg-width=\"640\" tg-height=\"171\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p>In terms of operating expenses, R&amp;D spending in the foreseeable future are expected to remain consistent with prior years’ at 6% of total revenues to support Tesla’s ongoing advancements in battery cell and self-driving technology development. Meanwhile, selling, general and administrative expenses are projected to maintain at 10% of total revenues moving forward, which is in line with Tesla’s historical cost structure as well as industry trends.</p>\n<p>With regards to financing costs, annual interest expenses are expected to fall between $534 million to $660 million from 2021 to 2030. As mentioned in earlier sections, the projections are derived based on the upcoming interest rate hikes, as well as Tesla’s current and projected capital structure.</p>\n<p><b>Projected Earnings</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10005a4400d3aa94640f0aef231c1d17\" tg-width=\"640\" tg-height=\"174\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p>Based on the above considerations, our base case forecast is predicting net income of $1.8 billion by the end of the fiscal year, with expected growth at a CAGR of 20% towards $11.5 billion by 2030.</p>\n<p><i>i. Base Case Financial Forecasts:</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35473010e1cc5df0c616097988dfaa09\" tg-width=\"640\" tg-height=\"289\"><span>Source: Author, with data from our internal financial forecasts.</span></p>\n<p><b>Discounted Cash Flow Analysis</b></p>\n<p>Building on our financial forecasts above, our price target for Tesla is $659.81 based on an estimated equity value of approximately $635.6 billion. Based on our valuation's proximity to Tesla's last traded share price of $688.72 on June 28th, we believe the stock is reasonably priced at the moment.</p>\n<p>Our valuation is derived from a 10-year DCF analysis in conjunction with the above forecasted financial information. The base case valuation assumes a 127.4x EV/EBITDA exit multiple, which is consistent with the&nbsp;level at which the stock is currently traded at&nbsp;on a forward-looking basis. We have applied a WACC of 16%, as derived in the beginning of our analysis based on Tesla’s current risk profile, capital structure, and impacts from upcoming rate increases, to arrive at our projected price target.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d66d22e46a3425930bc55248c986506c\" tg-width=\"640\" tg-height=\"256\"><span>Source: Author, with data from our internal valuation model.</span></p>\n<p><b>Quantifying the Impact of Rate Hikes on Tesla’s Valuation</b></p>\n<p>In order to quantify the potential impact of upcoming interest rate increases on Tesla’s valuation, we have also performed a sensitivity analysis using a WACC of 14% derived based on the company’s current effective interest rate of 5%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb6400c48431579fcfd2259ce38add7e\" tg-width=\"488\" tg-height=\"574\"><span>Source: Author, with data from our internal valuation model.</span></p>\n<p>Holding the forecasted cash flow streams and exit multiple used in our DCF analysis above constant, a WACC of 14% would yield an equity value of approximately $732.6 billion, or $760.50 per share. This drives a difference in value of $97.0 billion, or $100.69 per share, compared to our valuation using a WACC of 16%. The difference accordingly represents the potential quantified impact that the upcoming rate hikes will have on Tesla’s intrinsic value.</p>\n<p><img src=\"https://static.tigerbbs.com/89b9d1a9076dd44b53f3963a3d2ed78a\" tg-width=\"640\" tg-height=\"305\" referrerpolicy=\"no-referrer\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fd4f3b2983533614315d42e0bf12c40d\" tg-width=\"640\" tg-height=\"242\"><span>Source: Author, with data from our internal valuation model.</span></p>\n<p><b>Conclusion</b></p>\n<p>Based on the foregoing analysis, we believe Tesla’s current share price is reasonably reflective of the company’s upside potential, with the upcoming interest rate increase impacts to their intrinsic value already priced in. As such, we are assigning a Neutral Rating on the stock at this time.</p>\n<p>However, as discussed in our analysis of Tesla's financial projections, the company's ongoing developments to their proprietary battery cell and self-driving technology make them a leading contestant in the global EV arms race. And Tesla's future commercialized deployment of said technologies will be critical catalysts for price appreciations that could compensate beyond the impact from upcoming rate hikes in the long-run. The fast-approaching release of second quarter results and delivery updates will also be a tell-tale of where Tesla currently stands, and a near-term catalyst to look out for.</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>Is Tesla's Current Price Sustainable With The Upcoming Rate Hikes?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Tesla's Current Price Sustainable With The Upcoming Rate Hikes?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 17:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4437304-is-teslas-current-price-sustainable-with-the-upcoming-rate-hikes><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe latest FOMC meeting confirmed that the imminent rate hikes might be coming sooner than expected.\nThe quarterly projections showed that the FOMC anticipates two interest rate increases by ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437304-is-teslas-current-price-sustainable-with-the-upcoming-rate-hikes\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4437304-is-teslas-current-price-sustainable-with-the-upcoming-rate-hikes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152226778","content_text":"Summary\n\nThe latest FOMC meeting confirmed that the imminent rate hikes might be coming sooner than expected.\nThe quarterly projections showed that the FOMC anticipates two interest rate increases by the end of 2023, inching towards a target rate of 2.5% in the longer term.\nWith growth stocks benefiting from the past year of low rates, investors are now left wondering how the upcoming rate hikes will impact Tesla's price performance in the near term.\nWe believe the California-based EV maker’s current stock price is already reflective of its upside potential, with the potential impact from upcoming rate hikes already priced in.\n\nJustin Sullivan/Getty Images News\nFederal Reserve Chair Jerome Powell has confirmed last week that the anticipated timing and pace of interest rate hikes from the current near-zero levels will be pulled forward in response to increasing inflation risks. The quarterly projections showed that the FOMC anticipatestwo interest rate increases by the end of 2023 as opposed to the initially expected timeline of 2024; and the rate hikes will inch towards a target rate of approximately 2.5% in the longer term, akin to the last rate-hike cycle observed between 2015 and 2018.\nWith growth stocks across the disruptive technology industry, including the electric vehicles (“EV”) sector, benefiting from the past year of low rates, investors have begun to question how the upcoming interest rate increases will impact prospects moving forward. The market has already pulled back from its peak in February following a growth stock sell-off triggered by the jump in government bond yields – notable names within the EV sector, including industry leader Tesla (NASDAQ: TSLA), have been down by more than 20% since. While investors continue to wonder how the upcoming rate hikes will impact Tesla, we believe the California-based EV maker’s current stock price is already reflective of its upside potential and the impact from upcoming rate hikes. The following analysis will showcase how we have arrived at our thesis, and also quantify the potential impact that the upcoming interest rate increases will have on Tesla’s valuation.\nThe Impact on Tesla’s Effective Interest Rate and WACC\nIn 2020, Tesla reported annual interest expenses of $748 million, representing approximately 5% of their portfolio of outstanding debt (excluding finance leases). This represents a spread of approximately 350 bps on the current 10-year Treasury yield of approximately 1.5%, which is consistent with the spread to benchmark Treasury of 320 bps on Tesla’s latest issuance of the fixed-rate 2025 Senior Notes.\nBased on Tesla’s current debt maturity profile, the company will likely be refinancing a large portion of their debt coming due between 2022 and 2025 in order to support their ongoing capex needs on the construction of new manufacturing plants, as well as R&D spending on technological advancements related to battery cells and autonomous driving. The potential refinancing timeline also coincides with the projected timeline of federal fund rate hikes based on the FOMC’s latest meeting on June 16th.\nSource: Bloomberg\nIn order to forecast the new cost on Tesla’s future debt refinancing, we have used the historical rate hike trend observed between 2015 and 2018 as a proxy for the timing and extent of upcoming rate increases, and the related historical 10-year Treasury yields as a proxy for projected benchmark Treasury. On this basis, the projected 10-year Treasury yield could exceed 3% by 2025 following the upcoming rate increases.\nSource: Author, with data from treasury.gov\nBy adding Tesla’s historical spread of 350 bps to the forecasted benchmark Treasury yield of up to 3% as analyzed above, the effective interest rate that Tesla is expected to pay on their debt profile could rise from the current 5% up to more than 6.5% by 2024 to 2030. Taking this into consideration, we are forecasting interest expense of approximately $534 million by the end of 2021, with growth towards $660 million on an annual basis by the end of the decade, assuming $9.5 billion to $10 billion of outstanding debt based on Tesla’s current capital structure. Based on these projections, the upcoming rate increase’s impact on Tesla’s bottom line will be approximately $126 million of incremental interest expenses on an annual basis from 2026 onwards.\nThe upcoming rate hikes will also increase the weighted average cost of capital (“WACC”) used to discount the Tesla’s projected free cash flows, which will result in material changes to the company’s valuation. Considering the forecasted increase of Tesla’s effective interest rate on debt to 6.5% on a forward-looking basis and a risk-free rate of 2.5% based on projected 10-year Treasury yield post rate-hikes, Tesla’s company-specific risk premium (“CSRP”) used to compute the WACC would be approximately 4%. The weighted average cost of debt used to compute the WACC would also increase to approximately 7%. This would accordingly result in a WACC of 16% based on Tesla’s current debt-to-equity capital structure:\nSource: Author, with data from our internal valuation model (Tesla_-_Valuation.pdf).\nThe Impact on Tesla’s Valuation\nIn order to evaluate the above-derived WACC’s impact on Tesla’s valuation, we have performed a 10-year discounted cash flow (“DCF”) analysis based on the company’s projected financials. The following will first briefly discuss the growth assumptions used in our projected financials for Tesla over the 10-year discrete period. Then, we will proceed to explain the inputs used in our DCF analysis and compute our valuation for Tesla.\nFinancial Projections\nIn our base case forecast, we have applied conservative growth assumptions based on Tesla’s current business environment and growth initiatives, as well as market outlooks obtained from external research.\nWith government intervention through implementation of strict climate change policies and favourable financial incentives, combined with technological advances made to battery cells and charging infrastructure to extend the travel range of EVs, consumer perception of the new mode of transportation has significantly improved in recent years. Global EV sales are expected to outpace gasoline engines by 2033, which is at least five years earlier than the initial timeline based on narratives from just a few months ago. The industry is projected to grow at a compounded annual growth rate (“CAGR”) of 21.1% into the end of the decade, with China representing the largest market.\nProjected Revenues and Cost of Sales\nSource: Author, with data from our internal financial forecasts (Tesla_-_Forecasted_Financial_Information.pdf).\nBased on the above growth trends observed across the EV sector, we are projecting revenues generated from the sale and leasing of Tesla vehicles to grow at a CAGR of approximately 20% into FY 2030; this is consistent with the company’s growing presence in the Chinese market, as well as the continuous ramp up in vehicle production and sales observed over the past year and in recent months. We are forecasting automotive revenues to increase by 43% year-over-year to approximately $38.9 billion by the end of 2021, and reach $149 billion by 2030 based on the 20% CAGR. And combined with the anticipated growth of ancillary revenues generated from Tesla’s energy and other services business segments, we are forecasting total revenues of $44.6 billion by the end of the year, and $155 billion by the end of the decade, representing a projected CAGR of 18% into 2030.\nCost of revenues as a percentage of total revenues are expected to improve slightly over time due to cost efficiencies achieved through economies of scale as Tesla’s vehicle and energy generation / storage solutions sales continue to ramp up. We are forecasting total cost of revenues to increase at a CAGR of 17% into 2030, which is in line with our revenue growth projections. This would accordingly result in projected cost of revenues of $34.9 billion by the end of the year and $116.5 billion by 2030, representing gross profit margin improvements from 21% in 2020 to approximately 25% by 2030 which is in line with guidance observed across industry peers such as Lucid Motors (NYSE: CCIV).\nProjected Operating Expenses and Other Expenses\nSource: Author, with data from our internal financial forecasts.\nIn terms of operating expenses, R&D spending in the foreseeable future are expected to remain consistent with prior years’ at 6% of total revenues to support Tesla’s ongoing advancements in battery cell and self-driving technology development. Meanwhile, selling, general and administrative expenses are projected to maintain at 10% of total revenues moving forward, which is in line with Tesla’s historical cost structure as well as industry trends.\nWith regards to financing costs, annual interest expenses are expected to fall between $534 million to $660 million from 2021 to 2030. As mentioned in earlier sections, the projections are derived based on the upcoming interest rate hikes, as well as Tesla’s current and projected capital structure.\nProjected Earnings\nSource: Author, with data from our internal financial forecasts.\nBased on the above considerations, our base case forecast is predicting net income of $1.8 billion by the end of the fiscal year, with expected growth at a CAGR of 20% towards $11.5 billion by 2030.\ni. Base Case Financial Forecasts:\nSource: Author, with data from our internal financial forecasts.\nDiscounted Cash Flow Analysis\nBuilding on our financial forecasts above, our price target for Tesla is $659.81 based on an estimated equity value of approximately $635.6 billion. Based on our valuation's proximity to Tesla's last traded share price of $688.72 on June 28th, we believe the stock is reasonably priced at the moment.\nOur valuation is derived from a 10-year DCF analysis in conjunction with the above forecasted financial information. The base case valuation assumes a 127.4x EV/EBITDA exit multiple, which is consistent with the level at which the stock is currently traded at on a forward-looking basis. We have applied a WACC of 16%, as derived in the beginning of our analysis based on Tesla’s current risk profile, capital structure, and impacts from upcoming rate increases, to arrive at our projected price target.\nSource: Author, with data from our internal valuation model.\nQuantifying the Impact of Rate Hikes on Tesla’s Valuation\nIn order to quantify the potential impact of upcoming interest rate increases on Tesla’s valuation, we have also performed a sensitivity analysis using a WACC of 14% derived based on the company’s current effective interest rate of 5%.\nSource: Author, with data from our internal valuation model.\nHolding the forecasted cash flow streams and exit multiple used in our DCF analysis above constant, a WACC of 14% would yield an equity value of approximately $732.6 billion, or $760.50 per share. This drives a difference in value of $97.0 billion, or $100.69 per share, compared to our valuation using a WACC of 16%. The difference accordingly represents the potential quantified impact that the upcoming rate hikes will have on Tesla’s intrinsic value.\n\nSource: Author, with data from our internal valuation model.\nConclusion\nBased on the foregoing analysis, we believe Tesla’s current share price is reasonably reflective of the company’s upside potential, with the upcoming interest rate increase impacts to their intrinsic value already priced in. As such, we are assigning a Neutral Rating on the stock at this time.\nHowever, as discussed in our analysis of Tesla's financial projections, the company's ongoing developments to their proprietary battery cell and self-driving technology make them a leading contestant in the global EV arms race. And Tesla's future commercialized deployment of said technologies will be critical catalysts for price appreciations that could compensate beyond the impact from upcoming rate hikes in the long-run. The fast-approaching release of second quarter results and delivery updates will also be a tell-tale of where Tesla currently stands, and a near-term catalyst to look out for.","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192188270,"gmtCreate":1621162706190,"gmtModify":1704353511582,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Speculation brings about good times for newspapers","listText":"Speculation brings about good times for newspapers","text":"Speculation brings about good times for newspapers","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/192188270","repostId":"1163454382","repostType":4,"repost":{"id":"1163454382","pubTimestamp":1621004581,"share":"https://ttm.financial/m/news/1163454382?lang=&edition=fundamental","pubTime":"2021-05-14 23:03","market":"us","language":"en","title":"Why AMC Entertainment Stock Jumped Again Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1163454382","media":"Motley Fool","summary":"AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention  issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat","content":"<blockquote>\n <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p>A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p>\n<p><b>So what</b></p>\n<p>Yesterday's jump came after the company announcedit raised $428 million</p>\n<p>First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p>\n<p>This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p>\n<p><b>Now what</b></p>\n<p>Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p>\n<p>Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</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>Why AMC Entertainment Stock Jumped Again Friday</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 AMC Entertainment Stock Jumped Again Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163454382","content_text":"AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company announcedit raised $428 million\nFirst, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.\nThis should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,Walt Disney(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.\nNow what\nLower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.\nVaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108093828,"gmtCreate":1619955986064,"gmtModify":1704336753221,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Onwards and ahead Berkshire!!","listText":"Onwards and ahead Berkshire!!","text":"Onwards and ahead Berkshire!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/108093828","repostId":"1103106179","repostType":4,"repost":{"id":"1103106179","pubTimestamp":1619917622,"share":"https://ttm.financial/m/news/1103106179?lang=&edition=fundamental","pubTime":"2021-05-02 09:07","market":"us","language":"en","title":"Berkshire Hathaway Annual Meeting 2021: Highlights and storylines","url":"https://stock-news.laohu8.com/highlight/detail?id=1103106179","media":"Tiger Newspress","summary":"Emily McCormick·ReporterSun, May 2, 2021, 5:03 AMWarren Buffett addressed investors around the world","content":"<p>Emily McCormick·ReporterSun, May 2, 2021, 5:03 AM</p><p>Warren Buffett addressed investors around the world on Saturday at Berkshire Hathaway's 2021 Annual Shareholder Meeting.</p><p><a href=\"https://laohu8.com/RN?name=RNLive&amp;rndata={&quot;liveId&quot;:&quot;16196040827650&quot;}\" target=\"_blank\"><b>Playback Live Here！</b></a></p><p>In an hours-long event, the investing legend fielded questions on Berkshire's business and investment decisions,offered advice for first-time investorsand touted the strength of American corporations in a characteristically optimistic tone.Buffett nodded to the Federal Reserveand Congress for their swift response to the COVID-19 crisis, and underscored the rebound in the U.S. economy. And the Oracle of Omaha also addressed the recent rise in retail trading andonline brokerage firmslike Robinhood,the rally in bitcoinand the boom in SPAC mergers.</p><p>In many ways, this year's meeting looked different from those in the past. The annual event took placein a hotel conference room in Los Angelesrather than in an arena in Omaha, Nebraska, due to the ongoing pandemic.</p><p>Buffett's long-time business partner Charlie Munger also returned onstage this year to co-lead the event, after sitting out last year because of the pandemic. And in a new move, Buffett and Munger were joined by Berkshire's Vice Chairmen Gregory Abel and Ajit Jain,in a signal of potential succession plans at the company.</p><p>Here were some of the highlights from the event.</p><p>—</p><p>Buffett said Berkshire Hathaway is seeing signs of rising price pressures during the COVID-19 recovery, corroborating many market participants' concerns about increasing inflationary pressures.</p><p>\"We're seeing substantial inflation. We're raising prices, people are raising prices to us. And it's being accepted,\" Buffett said. \"We really do a lot of housing. The costs are just up, up, up. Steel costs. You know, just every day they're going up.\"</p><p>\"It's an economy – really, it's red hot. And we weren't expecting it,\" he added.</p><p>—</p><p>Buffett said trading apps like Robinhoodhave contributed to the \"casino aspect\" of the stock market as of late, exploiting individuals' inclinations to gamble.</p><p>“It’s become a very significant part of the casino aspect, the casino group, that has joined into the stock market in the last year, year and a half,\" Buffett said of Robinhood. \"There’s nothing, you know, there’s nothing illegal about it, there’s nothing immoral. But I don’t think you’d build a society around people doing it.\"</p><p>\"I think the degree to which a very rich society can reward people who know how to take advantage, essentially, of the gambling instincts of the American public, the worldwide public – it’s not the most admirable part of the accomplishment,\" Buffett added. \"But I think what America has accomplished is pretty admirable overall. And I think actually American corporations have turned out to be a wonderful place for people to put their money and save. But they also make terrific gambling chips, and if you cater to those gambling chips when people have money in their pocket for the first time and you tell them take my 30 or 40 or 50 trades a day and you’re not charging commission ... I hope we don’t have more of it.”</p><p>—</p><p>Buffett explained that Berkshire's move to unload many of its bank shares last year was not due to a lack of confidence in the banking industry, but more a decision to re-balance the portfolio and avoid being too heavily tilted toward one area.</p><p>\"I like banks generally, I just didn't like the proportion compared to the possible risk,\" Buffett said. \"We were over 10% of Bank of America. It's a real pain in the neck, more to the banks than us.\"</p><p>Berkshire held 1,032,952,006 shares of Bank of America as of the end of 2020, after adding 85.1 million shares in the third quarter alone. This gave Berkshire Hathaway an ownership stake of 11.9%. Berkshire cut its holdings of Wells Fargo from 345.7 million shares at year-end 2019 to 52.4 million by year-end 2020, and completely exited its holdings in JPMorgan Chase (JPM) and M&amp;T Bank Corp (MTB).</p><p>\"The banking business is way better than it was in the United States 10 or 15 years ago,\" he added. \"The banking business around the world in various places might worry me, but our banks are in far, far better shape than 10 or 15 years ago.\"</p><p>—</p><p>A shareholder asked Jain, who leads Berkshire's insurance business, whether he would be hypothetically willing to write an insurance policy for SpaceX founder Elon Musk for his proposed colonization of Mars.</p><p>\"This is an easy one. No thank you, I’ll pass,\" Jain said.</p><p>“Well I would say it would depend on the premium,” Buffett interjected with a laugh. \"And I would say that I would probably have a somewhat different rate if Elon was on board or not on board. It makes a difference if someone is asking to insure something.”</p><p>—</p><p>Warren Buffett declined to directly offer an opinion in response to a question on bitcoin, an assethe previously likened to \"rat poison squared.\"</p><p>\"I knew there’d be a question on bitcoin or crypto and I thought to myself well, I watch these politicians dodge questions all the time … The truth is, I’m going to dodge that question,\" Buffett said. \"Because the truth is, we’ve probably got hundreds of thousands of people that are watching this that own bitcoin. And we’ve probably got two people that are short. So we’ve got a choice of making 400,000 people mad at us and unhappy, and making two people happy. And it’s just a dumb equation.\"</p><p>Munger, however, issued a more direct attack.</p><p>\"Those who know me well are just waving the red flag at the bull. Of course I hate the bitcoin success,\" he said. \"And I don’t welcome a currency that’s so useful kidnappers and extortionists and so forth. Nor do I like shoveling out a few extra billions and billions and billions of dollars to somebody who just invented a new financial product out of thin air. So I think I should say modestly that the whole damn development is disgusting and contrary to the interest of civilization.\"</p><p>—</p><p>Both Buffett and Munger issued strong words of support for share repurchases, especially after Berkshire reported repurchasing an additional $6.6 billion in stock in the first three months of 2021.</p><p>\"They're a way, essentially, of distributing the cash to the people that want the cash when other co-owners mostly want you to reinvest,\" Buffett said. \"It's a savings vehicle.\"</p><p>\"I find it almost impossible to believe some of the arguments that are made that it's terrible to repurchase shares from a partner if they want to get out of something, and you're able to do it at prices that are advantages to the people that are staying,\" Buffett said. \"And it helps slightly the person that wants out.\"</p><p>Munger offered a similar view.</p><p>\"You're repurchasing stock. Just a bullet higher, it's deeply immoral,\" Munger said. \"But if you're repurchasing stock because it's a fair thing to do in the interest of your existing shareholders, it's a highly moral act and the people who are criticizing it are bonkers.\"</p><p>—</p><p>Low interest rates have catalyzed a surge in valuations across equities, giving those who invest in the markets an opportunity to create wealth, Munger said during the Berkshire Hathaway question and answer segment.</p><p>\"I think one consequence of this present situation is, Bernie Sanders has basically won,\" Munger says. \"Because with everything boomed out so high and interest rates so low, what's going to happen is, the millennial generation is going to have a hell of a time getting rich compared to our generation ... He did it by accident, but he won.\"</p><p>\"And so the difference between the difference between the rich and the poor in the generation that's rising is going to be a lot less,\" he added. \"So Bernie has won.\"</p><p>—</p><p>Buffett received a question around special purpose acquisition companies, or blank-check companies, which have become a hugely popular means for firms to go public over the past year.</p><p>\"The SPACs generally have to spend their money in two years, as I understand it. If you have to buy a business in two years, you put a gun to my head and said you've got to buy a business in two years, I'd buy one but it wouldn't be much of one,\" Buffett.</p><p>\"If you're running money from somebody else and you get a fee and you get the upside and you don't have the downside, you're going to buy something,\" he added. \"And frankly we're not competitive with that.\"</p><p>\"It's an exaggerated version of what we've seen in kind of a gambling-type market,\" he added.</p><p>—</p><p>Buffett conceded that selling some of Apple's stock in 2020 was \"probably a mistake,\" with shares rising even further this year following the tech-led 2020 in the markets.</p><p>\"The brand and the product — it's an incredible product,\" Buffett said of Apple. \"It is indispensable to people.\"</p><p>\"I sold some stock last year, although our shareholders still saw their shares go up because we repurchased shares,\" he added. \"But that was probably a mistake.\"</p><p>Berkshire owned 907,559,761 shares of Appleas of the end of December for a total market value of $120.4 billion. By contrast, the firm spent just $31 billion accumulating this stake since late 2016.</p><p>—</p><p>A shareholder directed a question to Ajit Jain and Greg Abel asking about the relationship the two likely next leaders of Berkshire Hathaway have with one another, given how iconic the relationship between Warren Buffett and Charlie Munger has been over the course of the company's history.</p><p>\"There's no question the relationship Warren has with Charlie is unique,\" Jain said. \"It's not going to be duplicated, certainly not by me and Greg. I can't think of anybody that can duplicate it.\"</p><p>\"I certainly have a lot of respect, both at a professional level and personal level, in terms of what Greg's abilities are,\" Jain added. \"We do not interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective decision.\"</p><p>\"Even though the interaction may be different than say how Warren and Charlie do it ... we make sure we're always following up with each other but it goes beyond that,\" Abel said. \"Ajit has a great understanding of the Berkshire culture. I strongly believe I do too.\"</p><p>—</p><p>One shareholder asked Buffett about Berkshire's decision to invest in the oil and gas industry, and queried whether we might have \"build our own unrealistic consensus on the pace of change\" to clean energy solutions. Buffett defended the company's investment in the industry and in Chevron specifically, whichwas a relatively recent investment for the firm.</p><p>\"I would say that people are on the extremes of both sides are a little nuts. I would hate to have all the hydrocarbons banned in three years,\" Buffett said. \"You wouldn't want a world — it wouldn't work. And on the other hand, what's happening will be adapted to over time just as we've adapted to all kinds of things.\"</p><p>\"We have no problem owning Costco or Walmart and a substantial number of their stores. And they sell cigarettes, it's a big item,\" he added as an analogy. \"It's a very tough situation ... It's a very tough time to decide what companies benefit societies more than others.\"</p><p>\"I don't like making the moral judgments on stocks in terms of actually running the businesses, but there's something about every business that you knew that you wouldn't like,\" he added. \"If you expect perfection in your spouse or in your friends or in companies you're not going to find it.\"</p><p>\"Chevron is not an evil company in the least, and I have no compunction about owning it in the least, about owning Chevron,\" Buffett concluded. \"And if we owned the entire business I would not feel uncomfortable about being in that business.\"</p><p>Answering a subsequent question about the Berkshire board of directors' recommendation to voteagainst reporting climate-related risks, Munger added, \"I don't know we know the answer to all these questions about global warming.\"</p><p>\"The people who ask the questions think they know the answer. We're just more modest.\"</p><p>—</p><p>Most investors would benefit from simply purchasing an S&amp;P 500 index fund over the long run rather than picking individual stocks, even including Berkshire Hathaway, Buffett said during the question-and-answer session Saturday.</p><p>\"I recommend the S&amp;P 500 index fund … I’ve never recommended Berkshire to anybody because I don’t want people to buy it because they think I’m tipping them into something,\" he said. \"On my death there's a fund for my then-widow and 90% will go into an S&amp;P 500 index fund.\"</p><p>\"I do not think the average person can pick stocks,\" he added. \"We happen to have a large group of people that didn't pick stocks but they picked Charlie and me to manage money for them 50, 60 years ago. So we have a very unusual group of shareholders I think who look at Berkshire as a lifetime savings vehicle and one that they don’t have to think about and one that they'll, you know, they don't look at it again for 10 to 20 years.\"</p><p>Charlie Munger, on the other hand, had a different perspective.</p><p>\"I personally prefer holding Berkshire to holding the market,\" he said in response to the same question. \"I’m quite comfortable holding Berkshire. I think our businesses are better than the average in the market.\"</p><p>—</p><p>Buffett reiterated a staunchly supportive stance of U.S. corporations and capitalism in his opening remarks, highlighting that five of the six largest companies in the world by market capitalization currently comprise domestic companies. Those five companies are Apple, Microsoft, Amazon, Alphabet and Facebook, with only Saudi Aramco of Saudi Arabia coming in as a non-U.S. mega-cap company in the top six.</p><p>But only a couple hundred years ago, the U.S. looked like the underdog.</p><p>\"In 1790 we had one-half of 1% of the world's population,\" Buffett said. \"600,000 of them were slaves. Ireland had more people than the United States had. Russia had five times as many people. Ukraine had twice as many people.\"</p><p>\"But here we were. What did we have? We had a map for the future, an aspirational map that somehow now only 232 years later, leaves us with five of the top six companies in the world,\" he said. \"It's not an accident. And it's not because we were way smarter, way stronger or anything of the sort. We had good soil, decent climate, but so did some of the other countries I named. This system has worked very well.\"</p><p>—</p><p>In opening remarks at the start of Berkshire Hathaway's annual shareholder meeting, Buffett credited the U.S. economic recovery from the COVID-19 crisis toswift action by the Federal Reserve and Congress.</p><p>\"The economy went off a cliff in March. It was resurrected in an extraordinarily effective way by Federal Reserve action and later on the fiscal front by Congress,\" Buffett said in opening remarks at Berkshire's annual shareholder meeting.\"</p><p>He added that Berkshire Hathaway's own business has picked up tremendously alongside the broader economy, and suggested businesses like airlines were still among those most deeply affected by lingering effects from the pandemic.</p><p>\"Our businesses have done really quite well. This has been a very, very, very unusual recession in that it's been localized ... to an extraordinary extent. Right now business is really very good in a great many segments of the economy,\" he added. \"But there's still problems if you're in a few types of businesses that have been decimated such as international air travel or something of the sort.\"</p><p>—</p><p>The CEO of See's Candies, one of the longstanding companies owned by Berkshire Hathaway, told Yahoo Finance that the companyhas seen a strong rebound at the start of 2021. However, last year, business virtually ground to a halt.</p><p>\"This has been the longest decade of my life. We've been through a lot. Last year – it's a tale of a couple of different quarters. The first quarter was tremendous,\" See's Candies CEO Pat Egan said in an interview with Yahoo Finance's Julia La Roche ahead of the start of Berkshire's annual shareholder meeting. \"In the middle of March, when this [pandemic] really hit, we shut down all of our stores in a span of five days. So about 245 stores we closed in a matter of days. And then about a week and a half later, we closed our e-commerce fulfillment center down in Southern California. So for a period of time there, we essentially completely stopped.\"</p><p>\"We just said, we're not going to reopen stores or reopen plants until we can create a safe operating environment for our employees,\" he added. \"That took a while, and by the time we restored over the summer we saw customers coming back in. But for that period of time, it was pretty rough.\"</p><p>See's Candies just completed its \"best first quarter ever\" at the start of 2021, Egan added.</p><p>—</p><p>Berkshire Hathawayreported first-quarter results Saturday morning, underscoring arebound in profits across the firm's businesses amid the COVID-19 recovery. Berkshire also reported that it conducted another $6.6 billion of stock buybacks, extending its ramped-up share repurchase program from 2020.</p><p>Operating income during the first three months of the year increased to $7.02 billion, rising 19.5% compared to the $5.87 billion posted in the first quarter of 2020. Net earnings attributable to Berkshire shareholders swung back to a profit of $11.71 billion, compared to a loss of $49.75 billion in the same quarter last year.</p><p>Consolidated shareholders' equity rose by $4.8 billion to $448 billion by the end of March compared to the fourth quarter of 2020.</p><p><a href=\"https://laohu8.com/RN?name=RNLive&amp;rndata={&quot;liveId&quot;:&quot;16196040827650&quot;}\" target=\"_blank\">If you want to watch the full live video, please click here.</a></p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway Annual Meeting 2021: Highlights and storylines</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway Annual Meeting 2021: Highlights and storylines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-02 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.forbes.com/sites/garymishuris/2020/05/03/3-insights-from-warren-buffett-at-berkshire-hathaways-2020-annual-meeting/?sh=565c65856d50><strong>Tiger Newspress</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Emily McCormick·ReporterSun, May 2, 2021, 5:03 AMWarren Buffett addressed investors around the world on Saturday at Berkshire Hathaway's 2021 Annual Shareholder Meeting.Playback Live Here！In an hours-...</p>\n\n<a href=\"https://www.forbes.com/sites/garymishuris/2020/05/03/3-insights-from-warren-buffett-at-berkshire-hathaways-2020-annual-meeting/?sh=565c65856d50\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔"},"source_url":"https://www.forbes.com/sites/garymishuris/2020/05/03/3-insights-from-warren-buffett-at-berkshire-hathaways-2020-annual-meeting/?sh=565c65856d50","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103106179","content_text":"Emily McCormick·ReporterSun, May 2, 2021, 5:03 AMWarren Buffett addressed investors around the world on Saturday at Berkshire Hathaway's 2021 Annual Shareholder Meeting.Playback Live Here！In an hours-long event, the investing legend fielded questions on Berkshire's business and investment decisions,offered advice for first-time investorsand touted the strength of American corporations in a characteristically optimistic tone.Buffett nodded to the Federal Reserveand Congress for their swift response to the COVID-19 crisis, and underscored the rebound in the U.S. economy. And the Oracle of Omaha also addressed the recent rise in retail trading andonline brokerage firmslike Robinhood,the rally in bitcoinand the boom in SPAC mergers.In many ways, this year's meeting looked different from those in the past. The annual event took placein a hotel conference room in Los Angelesrather than in an arena in Omaha, Nebraska, due to the ongoing pandemic.Buffett's long-time business partner Charlie Munger also returned onstage this year to co-lead the event, after sitting out last year because of the pandemic. And in a new move, Buffett and Munger were joined by Berkshire's Vice Chairmen Gregory Abel and Ajit Jain,in a signal of potential succession plans at the company.Here were some of the highlights from the event.—Buffett said Berkshire Hathaway is seeing signs of rising price pressures during the COVID-19 recovery, corroborating many market participants' concerns about increasing inflationary pressures.\"We're seeing substantial inflation. We're raising prices, people are raising prices to us. And it's being accepted,\" Buffett said. \"We really do a lot of housing. The costs are just up, up, up. Steel costs. You know, just every day they're going up.\"\"It's an economy – really, it's red hot. And we weren't expecting it,\" he added.—Buffett said trading apps like Robinhoodhave contributed to the \"casino aspect\" of the stock market as of late, exploiting individuals' inclinations to gamble.“It’s become a very significant part of the casino aspect, the casino group, that has joined into the stock market in the last year, year and a half,\" Buffett said of Robinhood. \"There’s nothing, you know, there’s nothing illegal about it, there’s nothing immoral. But I don’t think you’d build a society around people doing it.\"\"I think the degree to which a very rich society can reward people who know how to take advantage, essentially, of the gambling instincts of the American public, the worldwide public – it’s not the most admirable part of the accomplishment,\" Buffett added. \"But I think what America has accomplished is pretty admirable overall. And I think actually American corporations have turned out to be a wonderful place for people to put their money and save. But they also make terrific gambling chips, and if you cater to those gambling chips when people have money in their pocket for the first time and you tell them take my 30 or 40 or 50 trades a day and you’re not charging commission ... I hope we don’t have more of it.”—Buffett explained that Berkshire's move to unload many of its bank shares last year was not due to a lack of confidence in the banking industry, but more a decision to re-balance the portfolio and avoid being too heavily tilted toward one area.\"I like banks generally, I just didn't like the proportion compared to the possible risk,\" Buffett said. \"We were over 10% of Bank of America. It's a real pain in the neck, more to the banks than us.\"Berkshire held 1,032,952,006 shares of Bank of America as of the end of 2020, after adding 85.1 million shares in the third quarter alone. This gave Berkshire Hathaway an ownership stake of 11.9%. Berkshire cut its holdings of Wells Fargo from 345.7 million shares at year-end 2019 to 52.4 million by year-end 2020, and completely exited its holdings in JPMorgan Chase (JPM) and M&T Bank Corp (MTB).\"The banking business is way better than it was in the United States 10 or 15 years ago,\" he added. \"The banking business around the world in various places might worry me, but our banks are in far, far better shape than 10 or 15 years ago.\"—A shareholder asked Jain, who leads Berkshire's insurance business, whether he would be hypothetically willing to write an insurance policy for SpaceX founder Elon Musk for his proposed colonization of Mars.\"This is an easy one. No thank you, I’ll pass,\" Jain said.“Well I would say it would depend on the premium,” Buffett interjected with a laugh. \"And I would say that I would probably have a somewhat different rate if Elon was on board or not on board. It makes a difference if someone is asking to insure something.”—Warren Buffett declined to directly offer an opinion in response to a question on bitcoin, an assethe previously likened to \"rat poison squared.\"\"I knew there’d be a question on bitcoin or crypto and I thought to myself well, I watch these politicians dodge questions all the time … The truth is, I’m going to dodge that question,\" Buffett said. \"Because the truth is, we’ve probably got hundreds of thousands of people that are watching this that own bitcoin. And we’ve probably got two people that are short. So we’ve got a choice of making 400,000 people mad at us and unhappy, and making two people happy. And it’s just a dumb equation.\"Munger, however, issued a more direct attack.\"Those who know me well are just waving the red flag at the bull. Of course I hate the bitcoin success,\" he said. \"And I don’t welcome a currency that’s so useful kidnappers and extortionists and so forth. Nor do I like shoveling out a few extra billions and billions and billions of dollars to somebody who just invented a new financial product out of thin air. So I think I should say modestly that the whole damn development is disgusting and contrary to the interest of civilization.\"—Both Buffett and Munger issued strong words of support for share repurchases, especially after Berkshire reported repurchasing an additional $6.6 billion in stock in the first three months of 2021.\"They're a way, essentially, of distributing the cash to the people that want the cash when other co-owners mostly want you to reinvest,\" Buffett said. \"It's a savings vehicle.\"\"I find it almost impossible to believe some of the arguments that are made that it's terrible to repurchase shares from a partner if they want to get out of something, and you're able to do it at prices that are advantages to the people that are staying,\" Buffett said. \"And it helps slightly the person that wants out.\"Munger offered a similar view.\"You're repurchasing stock. Just a bullet higher, it's deeply immoral,\" Munger said. \"But if you're repurchasing stock because it's a fair thing to do in the interest of your existing shareholders, it's a highly moral act and the people who are criticizing it are bonkers.\"—Low interest rates have catalyzed a surge in valuations across equities, giving those who invest in the markets an opportunity to create wealth, Munger said during the Berkshire Hathaway question and answer segment.\"I think one consequence of this present situation is, Bernie Sanders has basically won,\" Munger says. \"Because with everything boomed out so high and interest rates so low, what's going to happen is, the millennial generation is going to have a hell of a time getting rich compared to our generation ... He did it by accident, but he won.\"\"And so the difference between the difference between the rich and the poor in the generation that's rising is going to be a lot less,\" he added. \"So Bernie has won.\"—Buffett received a question around special purpose acquisition companies, or blank-check companies, which have become a hugely popular means for firms to go public over the past year.\"The SPACs generally have to spend their money in two years, as I understand it. If you have to buy a business in two years, you put a gun to my head and said you've got to buy a business in two years, I'd buy one but it wouldn't be much of one,\" Buffett.\"If you're running money from somebody else and you get a fee and you get the upside and you don't have the downside, you're going to buy something,\" he added. \"And frankly we're not competitive with that.\"\"It's an exaggerated version of what we've seen in kind of a gambling-type market,\" he added.—Buffett conceded that selling some of Apple's stock in 2020 was \"probably a mistake,\" with shares rising even further this year following the tech-led 2020 in the markets.\"The brand and the product — it's an incredible product,\" Buffett said of Apple. \"It is indispensable to people.\"\"I sold some stock last year, although our shareholders still saw their shares go up because we repurchased shares,\" he added. \"But that was probably a mistake.\"Berkshire owned 907,559,761 shares of Appleas of the end of December for a total market value of $120.4 billion. By contrast, the firm spent just $31 billion accumulating this stake since late 2016.—A shareholder directed a question to Ajit Jain and Greg Abel asking about the relationship the two likely next leaders of Berkshire Hathaway have with one another, given how iconic the relationship between Warren Buffett and Charlie Munger has been over the course of the company's history.\"There's no question the relationship Warren has with Charlie is unique,\" Jain said. \"It's not going to be duplicated, certainly not by me and Greg. I can't think of anybody that can duplicate it.\"\"I certainly have a lot of respect, both at a professional level and personal level, in terms of what Greg's abilities are,\" Jain added. \"We do not interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective decision.\"\"Even though the interaction may be different than say how Warren and Charlie do it ... we make sure we're always following up with each other but it goes beyond that,\" Abel said. \"Ajit has a great understanding of the Berkshire culture. I strongly believe I do too.\"—One shareholder asked Buffett about Berkshire's decision to invest in the oil and gas industry, and queried whether we might have \"build our own unrealistic consensus on the pace of change\" to clean energy solutions. Buffett defended the company's investment in the industry and in Chevron specifically, whichwas a relatively recent investment for the firm.\"I would say that people are on the extremes of both sides are a little nuts. I would hate to have all the hydrocarbons banned in three years,\" Buffett said. \"You wouldn't want a world — it wouldn't work. And on the other hand, what's happening will be adapted to over time just as we've adapted to all kinds of things.\"\"We have no problem owning Costco or Walmart and a substantial number of their stores. And they sell cigarettes, it's a big item,\" he added as an analogy. \"It's a very tough situation ... It's a very tough time to decide what companies benefit societies more than others.\"\"I don't like making the moral judgments on stocks in terms of actually running the businesses, but there's something about every business that you knew that you wouldn't like,\" he added. \"If you expect perfection in your spouse or in your friends or in companies you're not going to find it.\"\"Chevron is not an evil company in the least, and I have no compunction about owning it in the least, about owning Chevron,\" Buffett concluded. \"And if we owned the entire business I would not feel uncomfortable about being in that business.\"Answering a subsequent question about the Berkshire board of directors' recommendation to voteagainst reporting climate-related risks, Munger added, \"I don't know we know the answer to all these questions about global warming.\"\"The people who ask the questions think they know the answer. We're just more modest.\"—Most investors would benefit from simply purchasing an S&P 500 index fund over the long run rather than picking individual stocks, even including Berkshire Hathaway, Buffett said during the question-and-answer session Saturday.\"I recommend the S&P 500 index fund … I’ve never recommended Berkshire to anybody because I don’t want people to buy it because they think I’m tipping them into something,\" he said. \"On my death there's a fund for my then-widow and 90% will go into an S&P 500 index fund.\"\"I do not think the average person can pick stocks,\" he added. \"We happen to have a large group of people that didn't pick stocks but they picked Charlie and me to manage money for them 50, 60 years ago. So we have a very unusual group of shareholders I think who look at Berkshire as a lifetime savings vehicle and one that they don’t have to think about and one that they'll, you know, they don't look at it again for 10 to 20 years.\"Charlie Munger, on the other hand, had a different perspective.\"I personally prefer holding Berkshire to holding the market,\" he said in response to the same question. \"I’m quite comfortable holding Berkshire. I think our businesses are better than the average in the market.\"—Buffett reiterated a staunchly supportive stance of U.S. corporations and capitalism in his opening remarks, highlighting that five of the six largest companies in the world by market capitalization currently comprise domestic companies. Those five companies are Apple, Microsoft, Amazon, Alphabet and Facebook, with only Saudi Aramco of Saudi Arabia coming in as a non-U.S. mega-cap company in the top six.But only a couple hundred years ago, the U.S. looked like the underdog.\"In 1790 we had one-half of 1% of the world's population,\" Buffett said. \"600,000 of them were slaves. Ireland had more people than the United States had. Russia had five times as many people. Ukraine had twice as many people.\"\"But here we were. What did we have? We had a map for the future, an aspirational map that somehow now only 232 years later, leaves us with five of the top six companies in the world,\" he said. \"It's not an accident. And it's not because we were way smarter, way stronger or anything of the sort. We had good soil, decent climate, but so did some of the other countries I named. This system has worked very well.\"—In opening remarks at the start of Berkshire Hathaway's annual shareholder meeting, Buffett credited the U.S. economic recovery from the COVID-19 crisis toswift action by the Federal Reserve and Congress.\"The economy went off a cliff in March. It was resurrected in an extraordinarily effective way by Federal Reserve action and later on the fiscal front by Congress,\" Buffett said in opening remarks at Berkshire's annual shareholder meeting.\"He added that Berkshire Hathaway's own business has picked up tremendously alongside the broader economy, and suggested businesses like airlines were still among those most deeply affected by lingering effects from the pandemic.\"Our businesses have done really quite well. This has been a very, very, very unusual recession in that it's been localized ... to an extraordinary extent. Right now business is really very good in a great many segments of the economy,\" he added. \"But there's still problems if you're in a few types of businesses that have been decimated such as international air travel or something of the sort.\"—The CEO of See's Candies, one of the longstanding companies owned by Berkshire Hathaway, told Yahoo Finance that the companyhas seen a strong rebound at the start of 2021. However, last year, business virtually ground to a halt.\"This has been the longest decade of my life. We've been through a lot. Last year – it's a tale of a couple of different quarters. The first quarter was tremendous,\" See's Candies CEO Pat Egan said in an interview with Yahoo Finance's Julia La Roche ahead of the start of Berkshire's annual shareholder meeting. \"In the middle of March, when this [pandemic] really hit, we shut down all of our stores in a span of five days. So about 245 stores we closed in a matter of days. And then about a week and a half later, we closed our e-commerce fulfillment center down in Southern California. So for a period of time there, we essentially completely stopped.\"\"We just said, we're not going to reopen stores or reopen plants until we can create a safe operating environment for our employees,\" he added. \"That took a while, and by the time we restored over the summer we saw customers coming back in. But for that period of time, it was pretty rough.\"See's Candies just completed its \"best first quarter ever\" at the start of 2021, Egan added.—Berkshire Hathawayreported first-quarter results Saturday morning, underscoring arebound in profits across the firm's businesses amid the COVID-19 recovery. Berkshire also reported that it conducted another $6.6 billion of stock buybacks, extending its ramped-up share repurchase program from 2020.Operating income during the first three months of the year increased to $7.02 billion, rising 19.5% compared to the $5.87 billion posted in the first quarter of 2020. Net earnings attributable to Berkshire shareholders swung back to a profit of $11.71 billion, compared to a loss of $49.75 billion in the same quarter last year.Consolidated shareholders' equity rose by $4.8 billion to $448 billion by the end of March compared to the fourth quarter of 2020.If you want to watch the full live video, please click here.","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939248671,"gmtCreate":1662124903794,"gmtModify":1676537003006,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Stupid proposal lol. If their citizens know that saudi is buying oil from russia for their own use, so they can sell more saudi oil at high prices to europe. Europeans are full of face and less of brains","listText":"Stupid proposal lol. If their citizens know that saudi is buying oil from russia for their own use, so they can sell more saudi oil at high prices to europe. Europeans are full of face and less of brains","text":"Stupid proposal lol. If their citizens know that saudi is buying oil from russia for their own use, so they can sell more saudi oil at high prices to europe. Europeans are full of face and less of brains","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939248671","repostId":"1154269410","repostType":4,"repost":{"id":"1154269410","pubTimestamp":1662124307,"share":"https://ttm.financial/m/news/1154269410?lang=&edition=fundamental","pubTime":"2022-09-02 21:11","market":"us","language":"en","title":"G-7 Backs Price-Cap Plan for Russian Oil to Limit Revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1154269410","media":"Bloomberg","summary":"The Group of Seven most industrialized countries said they plan to implement a price cap for global ","content":"<html><head></head><body><p>The Group of Seven most industrialized countries said they plan to implement a price cap for global purchases of Russian oil -- a measure the US hopes will ease energy market pressures and slash Moscow’s overall revenues.</p><p>“We confirm our joint political intention to finalize and implement a comprehensive prohibition of services which enable maritime transportation of Russian-origin crude oil and petroleum products globally,” G-7 finance ministers said in a joint statement. “The provision of such services would only be allowed if the oil and petroleum products are purchased at or below a price (“the price cap”) determined by the broad coalition of countries adhering to and implementing the price cap.”</p><p>The ministers said they plan to implement a price cap in line with the timing of European Union sanctions on Russian oil set to kick in on Dec. 5. The statement, which notes that all EU nations will have to sign off on any sanctions changes, didn’t provide a dollar range for the eventual price cap.</p><p>“The initial price cap will be set at a level based on a range of technical inputs and will be decided by the full coalition in advance of implementation in each jurisdiction,” the ministers said in the statement. “The price cap will be publicly communicated in a clear and transparent manner.”</p><p>The G-7 plan, which is part of broader efforts to punish Russia for its military invasion of Ukraine, would allow buyers of Russian oil under a capped price to continue getting crucial services like financing and insurance for tankers.</p><p>Oil prices slightly pared gains on the news the G-7 was nearing a deal as traders grappled with the probability of such a regime being imposed and any impact that might have.</p><p>To implement a cap, diplomats will have to convince European Union member nations to amend its sixth round of sanctions on Russia over the invasion of Ukraine -- and that may still prove to be tough. That package, which prohibits the purchase of Russian oil starting Dec. 5, included a ban on the use by third countries of the bloc’s companies for oil-related insurance and financial services.</p><p>But it remains unclear how effective a price-cap regime would be, particularly since some of Russia’s biggest buyers haven’t agreed to join. India is reluctant to formally join a price-cap scheme, since its industry worries it could lose out to other buyers on the chance to buy discounted Russian crude, according to people familiar with the views of Indian firms.</p><p>US Deputy Treasury Secretary Wally Adeyemo visited India last month, where he said the coalition for putting a price cap on Russian oil has broadened and a number of countries have joined, while declining to name them.</p><p>“Quite extensive measures are going to have to be taken to ensure that companies don’t’ find ways around price limitations,” said Richard Watts, the managing director at Geneva commodities trading advisory HR Maritime. “This was the challenge in Iraq’s food-for-oil scheme in the 1990s. The question is how does the G-7 police this?”</p><p>It also won’t be easy to get the EU’s full backing. Hungary, which has maintained closer relations with Russia, held up agreement on the original sanctions package for weeks as the bloc tried to reach a deal on targeting Russia’s energy sector. Budapest has signaled that it would oppose any oil price cap, signaling another potentially awkward political fight.</p><p>Russia said Friday that it won’t sell oil to nations that impose a price cap on its oil. “We simply won’t interact with them on such non-market principles,” Kremlin spokesman Dmitry Peskov told reporters on a conference call, adding that Russian oil will find alternative markets.</p><p>The US and its allies have grappled with how best to sanction Russia after its invasion rattled energy markets and sent crude prices soaring. The G-7 -- which also includes Germany, the UK, France, Italy, Japan and Canada -- pledged earlier this year to curb reliance on Russian energy, including “by phasing out or banning the import of Russian oil.”</p><p>G-7 leaders announced at a June summit in Elmau, Germany, that they would examine the price cap plan. But German Chancellor Olaf Scholz insists that the price cap can only work properly if it’s introduced globally and supported by more than just the G-7 countries. The backing of big buyers of Russian oil, such as India and Turkey, is seen as particularly crucial.</p><p>“The price cap fundamentally lacks impact unless the G-7 can persuade the other main buyers (i.e. China, India, Turkey, etc) to sign up,” Christopher Haines, a global crude analyst at consultant Energy Aspects, said in an emailed response to questions. “They are all reluctant despite the offer of exemptions from Western financial and shipping insurance sanctions. Meanwhile Russia will be determined to undermine the policy for both political and economic reasons.”</p><p>US officials have argued that the price cap could work even if many buyers don’t officially join the coalition, since they could still use the system for leverage in contract negotiations with Moscow to negotiate lower prices.</p><p>Another key factor will be at what level the price cap is set. U.S. officials have suggested they intend to fix it slightly above Russia’s marginal cost of production, according to a person familiar with the matter, although the final level would depend in part on the global oil price when it comes into effect.</p><p>White House Press Secretary Karine Jean-Pierre on Thursday said the measure, if adopted, would cut President Vladimir Putin’s oil revenue overall by “forcing down the price of Russian oil to help blunt the impact of Putin’s war at the pump.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>G-7 Backs Price-Cap Plan for Russian Oil to Limit Revenue</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\">\nG-7 Backs Price-Cap Plan for Russian Oil to Limit Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-02 21:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-02/g-7-set-to-back-plan-to-introduce-cap-on-price-of-russian-oil><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Group of Seven most industrialized countries said they plan to implement a price cap for global purchases of Russian oil -- a measure the US hopes will ease energy market pressures and slash ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-02/g-7-set-to-back-plan-to-introduce-cap-on-price-of-russian-oil\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-09-02/g-7-set-to-back-plan-to-introduce-cap-on-price-of-russian-oil","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154269410","content_text":"The Group of Seven most industrialized countries said they plan to implement a price cap for global purchases of Russian oil -- a measure the US hopes will ease energy market pressures and slash Moscow’s overall revenues.“We confirm our joint political intention to finalize and implement a comprehensive prohibition of services which enable maritime transportation of Russian-origin crude oil and petroleum products globally,” G-7 finance ministers said in a joint statement. “The provision of such services would only be allowed if the oil and petroleum products are purchased at or below a price (“the price cap”) determined by the broad coalition of countries adhering to and implementing the price cap.”The ministers said they plan to implement a price cap in line with the timing of European Union sanctions on Russian oil set to kick in on Dec. 5. The statement, which notes that all EU nations will have to sign off on any sanctions changes, didn’t provide a dollar range for the eventual price cap.“The initial price cap will be set at a level based on a range of technical inputs and will be decided by the full coalition in advance of implementation in each jurisdiction,” the ministers said in the statement. “The price cap will be publicly communicated in a clear and transparent manner.”The G-7 plan, which is part of broader efforts to punish Russia for its military invasion of Ukraine, would allow buyers of Russian oil under a capped price to continue getting crucial services like financing and insurance for tankers.Oil prices slightly pared gains on the news the G-7 was nearing a deal as traders grappled with the probability of such a regime being imposed and any impact that might have.To implement a cap, diplomats will have to convince European Union member nations to amend its sixth round of sanctions on Russia over the invasion of Ukraine -- and that may still prove to be tough. That package, which prohibits the purchase of Russian oil starting Dec. 5, included a ban on the use by third countries of the bloc’s companies for oil-related insurance and financial services.But it remains unclear how effective a price-cap regime would be, particularly since some of Russia’s biggest buyers haven’t agreed to join. India is reluctant to formally join a price-cap scheme, since its industry worries it could lose out to other buyers on the chance to buy discounted Russian crude, according to people familiar with the views of Indian firms.US Deputy Treasury Secretary Wally Adeyemo visited India last month, where he said the coalition for putting a price cap on Russian oil has broadened and a number of countries have joined, while declining to name them.“Quite extensive measures are going to have to be taken to ensure that companies don’t’ find ways around price limitations,” said Richard Watts, the managing director at Geneva commodities trading advisory HR Maritime. “This was the challenge in Iraq’s food-for-oil scheme in the 1990s. The question is how does the G-7 police this?”It also won’t be easy to get the EU’s full backing. Hungary, which has maintained closer relations with Russia, held up agreement on the original sanctions package for weeks as the bloc tried to reach a deal on targeting Russia’s energy sector. Budapest has signaled that it would oppose any oil price cap, signaling another potentially awkward political fight.Russia said Friday that it won’t sell oil to nations that impose a price cap on its oil. “We simply won’t interact with them on such non-market principles,” Kremlin spokesman Dmitry Peskov told reporters on a conference call, adding that Russian oil will find alternative markets.The US and its allies have grappled with how best to sanction Russia after its invasion rattled energy markets and sent crude prices soaring. The G-7 -- which also includes Germany, the UK, France, Italy, Japan and Canada -- pledged earlier this year to curb reliance on Russian energy, including “by phasing out or banning the import of Russian oil.”G-7 leaders announced at a June summit in Elmau, Germany, that they would examine the price cap plan. But German Chancellor Olaf Scholz insists that the price cap can only work properly if it’s introduced globally and supported by more than just the G-7 countries. The backing of big buyers of Russian oil, such as India and Turkey, is seen as particularly crucial.“The price cap fundamentally lacks impact unless the G-7 can persuade the other main buyers (i.e. China, India, Turkey, etc) to sign up,” Christopher Haines, a global crude analyst at consultant Energy Aspects, said in an emailed response to questions. “They are all reluctant despite the offer of exemptions from Western financial and shipping insurance sanctions. Meanwhile Russia will be determined to undermine the policy for both political and economic reasons.”US officials have argued that the price cap could work even if many buyers don’t officially join the coalition, since they could still use the system for leverage in contract negotiations with Moscow to negotiate lower prices.Another key factor will be at what level the price cap is set. U.S. officials have suggested they intend to fix it slightly above Russia’s marginal cost of production, according to a person familiar with the matter, although the final level would depend in part on the global oil price when it comes into effect.White House Press Secretary Karine Jean-Pierre on Thursday said the measure, if adopted, would cut President Vladimir Putin’s oil revenue overall by “forcing down the price of Russian oil to help blunt the impact of Putin’s war at the pump.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905359854,"gmtCreate":1659833654681,"gmtModify":1703766814442,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Wow still so big","listText":"Wow still so big","text":"Wow still so big","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905359854","repostId":"1165908204","repostType":4,"repost":{"id":"1165908204","pubTimestamp":1659788153,"share":"https://ttm.financial/m/news/1165908204?lang=&edition=fundamental","pubTime":"2022-08-06 20:15","market":"us","language":"en","title":"Berkshire Hathaway Scales Back Share Repurchases to $1.0B, Operating Earnings Gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1165908204","media":"Seeking Alpha","summary":"Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and","content":"<html><head></head><body><p>Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and 39% from a year ago, on strength from all its major operating divisions. Slumping equity markets in the quarter, though, caused the company to record investment and derivative losses, resulting in a net loss for the quarter, almost all of which is unrealized.</p><p>The company scaled back its stock buybacks, buying ~$1.0B of common stock during the quarter vs. $3.2B it spent in Q1 and $6.9B in Q4 2021.</p><p>The Omaha-based company that Warren Buffett built held $105.4B of cash and short-term securities as of June 30, 2021, down only slightly from $106.3B at March 31.</p><p>Q2 operating earningsof $$9.28B vs. $7.04B in Q1 and $6.69B in Q2 2021.</p><p>The volatile markets during the quarter hit the company&#39;s investment portfolio. Berkshire (BRK.B) posted $53.0B in investment and derivative losses in the quarter vs. losses of $5.45B in the prior quarter and gains of $21.4B in the year-ago quarter. That results in a net loss of $43.8B vs. net earnings of $5.46B in Q1 and net earnings of $28.1B a year ago.</p><p>Fair value of the company&#39;s equity portfolio declined to $327.7B at June 30, 2022 vs. $390.5B at March 31. About 73% of aggregate fair value was concentrated in four companies — American Express (AXP) at $24.8B, Apple (AAPL) at $161.2B, Bank of America (BAC) at $46.0B, and Coca-Cola (KO) at $23.7B. Chevron (CVX) dropped out of one of its four top equity investments since Q1.</p><p>Total revenue of $76.2B slipped from $78.8B in the prior quarter and climbed from $69.1B a year earlier.</p><p>Insurance float was ~$147B at June 30, vs. $148B at March 31.</p><p>For the corporation overall, pandemic lockdowns in various parts of the world and the Russia-Ukraine conflict means supply chain disruptions and inflationary pressures persisted during the quarter.</p><p>In its GEICO insurance unit, underwriting earnings declined due to increased claims frequencies and severities and lower reductions of ultimate claim estimates for prior years&#39; losses. Reinsurance underwriting earnings increased, reflecting foreign currency exchange rate gains. Insurance investment income rose Y/Y on increased dividend income and higher interest rates.</p><p>Railroad after-tax earnings rose 9.8% Y/Y reflecting higher revenue per car/unit, partly offset by lower overall freight volumes and higher fuel costs.</p><p>In its utility and energy operations, earnings rose 3.5% Y/Y from tax equity investments and from the natural gas pipeline and Northern Powergrid business, partly offset by lower earnings from U.S. regulated utilities and the real estate brokerage businesses.</p><p>Manufacturing, service, and retailing earnings gained 8.2% Y/Y, but results were mixed among businesses. &#34;While customer demand for products and services was relatively good in the first six months of 2022, we continue to experience the negative effects of higher materials, freight, labor and other input costs,&#34; the company said in its 10-Qfiling.</p><p>Operating earnings by segment vs. prior quarter and a year ago:</p><ul><li>Insurance underwriting — $581M vs. $47M in Q1 and $376M in Q2 2021.</li><li>Insurance - investment income — $1.91B vs. $1.17B and $1.22B</li><li>Railroad — $1.66B vs. $1.37B and $1.52B</li><li>Utilities and energy — $766M vs. $750M and $740M</li><li>Manufacturing, service and retailing — $3.25B vs. $3.03B and $3.00B</li><li>Other — $1.12Bvs. $677M and -$169M</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway Scales Back Share Repurchases to $1.0B, Operating Earnings Gain</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\">\nBerkshire Hathaway Scales Back Share Repurchases to $1.0B, Operating Earnings Gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-06 20:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3868521-berkshire-hathaway-q2-earnings><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and 39% from a year ago, on strength from all its major operating divisions. Slumping equity markets in...</p>\n\n<a href=\"https://seekingalpha.com/news/3868521-berkshire-hathaway-q2-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://seekingalpha.com/news/3868521-berkshire-hathaway-q2-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165908204","content_text":"Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and 39% from a year ago, on strength from all its major operating divisions. Slumping equity markets in the quarter, though, caused the company to record investment and derivative losses, resulting in a net loss for the quarter, almost all of which is unrealized.The company scaled back its stock buybacks, buying ~$1.0B of common stock during the quarter vs. $3.2B it spent in Q1 and $6.9B in Q4 2021.The Omaha-based company that Warren Buffett built held $105.4B of cash and short-term securities as of June 30, 2021, down only slightly from $106.3B at March 31.Q2 operating earningsof $$9.28B vs. $7.04B in Q1 and $6.69B in Q2 2021.The volatile markets during the quarter hit the company's investment portfolio. Berkshire (BRK.B) posted $53.0B in investment and derivative losses in the quarter vs. losses of $5.45B in the prior quarter and gains of $21.4B in the year-ago quarter. That results in a net loss of $43.8B vs. net earnings of $5.46B in Q1 and net earnings of $28.1B a year ago.Fair value of the company's equity portfolio declined to $327.7B at June 30, 2022 vs. $390.5B at March 31. About 73% of aggregate fair value was concentrated in four companies — American Express (AXP) at $24.8B, Apple (AAPL) at $161.2B, Bank of America (BAC) at $46.0B, and Coca-Cola (KO) at $23.7B. Chevron (CVX) dropped out of one of its four top equity investments since Q1.Total revenue of $76.2B slipped from $78.8B in the prior quarter and climbed from $69.1B a year earlier.Insurance float was ~$147B at June 30, vs. $148B at March 31.For the corporation overall, pandemic lockdowns in various parts of the world and the Russia-Ukraine conflict means supply chain disruptions and inflationary pressures persisted during the quarter.In its GEICO insurance unit, underwriting earnings declined due to increased claims frequencies and severities and lower reductions of ultimate claim estimates for prior years' losses. Reinsurance underwriting earnings increased, reflecting foreign currency exchange rate gains. Insurance investment income rose Y/Y on increased dividend income and higher interest rates.Railroad after-tax earnings rose 9.8% Y/Y reflecting higher revenue per car/unit, partly offset by lower overall freight volumes and higher fuel costs.In its utility and energy operations, earnings rose 3.5% Y/Y from tax equity investments and from the natural gas pipeline and Northern Powergrid business, partly offset by lower earnings from U.S. regulated utilities and the real estate brokerage businesses.Manufacturing, service, and retailing earnings gained 8.2% Y/Y, but results were mixed among businesses. \"While customer demand for products and services was relatively good in the first six months of 2022, we continue to experience the negative effects of higher materials, freight, labor and other input costs,\" the company said in its 10-Qfiling.Operating earnings by segment vs. prior quarter and a year ago:Insurance underwriting — $581M vs. $47M in Q1 and $376M in Q2 2021.Insurance - investment income — $1.91B vs. $1.17B and $1.22BRailroad — $1.66B vs. $1.37B and $1.52BUtilities and energy — $766M vs. $750M and $740MManufacturing, service and retailing — $3.25B vs. $3.03B and $3.00BOther — $1.12Bvs. $677M and -$169M","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186548328,"gmtCreate":1623514243764,"gmtModify":1704205382251,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Here we go!","listText":"Here we go!","text":"Here we go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/186548328","repostId":"2142378818","repostType":4,"repost":{"id":"2142378818","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1623509400,"share":"https://ttm.financial/m/news/2142378818?lang=&edition=fundamental","pubTime":"2021-06-12 22:50","market":"hk","language":"en","title":"What is inflation? Hint: It's not the 12% increase in rental-car prices last month","url":"https://stock-news.laohu8.com/highlight/detail?id=2142378818","media":"Dow Jones","summary":"'If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and ","content":"<blockquote>\n 'If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation'.\n</blockquote>\n<p>When Chipotle <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a> CEO Brian Niccol shared that the company has increased its menu prices by nearly 4%, some customers thought they knew exactly what to blame for pricier burritos: inflation.</p>\n<p>\"Let's be real, Chipotle is the first of many companies that will begin to increase prices,\" <a href=\"https://laohu8.com/S/AONE\">one</a> person tweeted . \"Inflation is real and [it's] going to be reflected everywhere.\"</p>\n<p>Chipotle, however, told MarketWatch the price increase had little to do with inflation.</p>\n<p>\"The recent price increase is to offset the dollar cost of our wage increase, not to offset commodity inflation,\" Erin Wolford, a senior spokesperson at Chipotle, told MarketWatch. Last month, the fast-food chain announced plans to increase wages so employees earn an average of $15 an hour by late June.</p>\n<p>But the tweet wasn't entirely wrong -- consumers are paying more for a slew of goods.</p>\n<p>Rental cars, airfare and uncooked beef roasts cost 12.1%, 7% and 6.4% more last month, respectively, compared to April, according to the latest monthly report from the Bureau of Labor Statistics that tracks how much Americans are paying for nearly 80,000 different goods and services.</p>\n<p>The report, known as the Consumer Price Index, uses all the price data from the individual goods and services to estimate how much more or less Americans can expect to pay for goods across the board.</p>\n<p>Data from the most recent CPI report estimates that Americans paid 0.6% more for goods overall compared to the prior month and 5% more compared to last May.</p>\n<p><b>What inflation is and what it isn't</b></p>\n<p>By definition, inflation is an overall increase in prices of almost all goods and services -- so yes, people in the U.S. are experiencing inflation currently.</p>\n<p>But the fact that Chipotle is charging more for its food doesn't inherently mean that there's inflation, said Michael Weber, a University of Chicago Booth School of Business economist.</p>\n<p>\"Prices or costs go up and down all the time,\" he said. \"If across a whole range of goods, prices systematically and persistently go up, that's what we call inflation.\"</p>\n<p>Case in point: At the height of the pandemic a pack of three 8 oz. bottles of Purell was listed for nearly $70 on Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> -- more than four times what consumers paid for the same pack pre-pandemic, according to CamelCamelCamel.com, a site that tracks prices of good listed on Amazon. (Amazon didn't respond to MarketWatch's request for a comment.)</p>\n<p>But consumers weren't paying four times as much money for everything else they bought then, in fact, CPI data indicated they were paying less for most goods and services last March, April and May.</p>\n<p>Nevertheless, it is easy to get confused about what inflation is and what it isn't, said Sarah Foster, an analyst at Bankrate.com.</p>\n<p>\"If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation,\" she said.</p>\n<p>Inflation is when \"the cost of living has gone up across the board and what you have in your wallet today can't really buy as much as you could have bought with it a year ago.\"</p>\n<p><b>It's 'normal' for prices to increase</b></p>\n<p>\"In normal times, prices tend to rise by about 2% on any given year,\" said Gregory Daco, chief U.S. economist at Oxford Economics.</p>\n<p>But lately \"price increases are faster than they otherwise would be in normal times.\"</p>\n<p>The pandemic, of course, has been anything but normal.</p>\n<p>Movie theaters, restaurants, hair salons, gyms, and clothing stores had locks on their doors for months -- and even when they were allowed to reopen most consumers weren't rushing back immediately.</p>\n<p>That's changed as more Americans get vaccinated against coronavirus and most states have lifted major pandemic restrictions, including mask mandates.</p>\n<p>It makes sense that rental cars and trucks cost 12.1% more compared to last year, Daco said.</p>\n<p>\"Prices are rising because supply has not yet responded to the demand,\" he added. And car rental companies cannot easily get their hands on more cars \"because car companies sold the cars during the COVID crisis.\"</p>\n<p>Chip shortages, which are causing supply chain disruptions across a range of goods, are further propping up prices of new cars and trucks .</p>\n<p>Eventually, the supply of chips will increase to meet the demand -- or consumers may seek out other transportation options --- either way prices aren't likely to stay where they are, said Daco. Just like the pack of three Purell bottles which now can be purchased for $14.67 on Amazon.</p>\n<p>The verdict is still out on whether the inflation Americans are experiencing now will dissipate once people fully return to their pre-pandemic lives.</p>\n<p>One of the most important economic figures in the U.S., Federal Reserve Chairman Jerome Powell, thinks it will .</p>\n<p>MarketWatch wants to hear from you! What's costing you more money lately? Has inflation caused you to make any lifestyle changes?</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>What is inflation? Hint: It's not the 12% increase in rental-car prices 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\">\nWhat is inflation? Hint: It's not the 12% increase in rental-car prices last month\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-12 22:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n 'If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation'.\n</blockquote>\n<p>When Chipotle <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a> CEO Brian Niccol shared that the company has increased its menu prices by nearly 4%, some customers thought they knew exactly what to blame for pricier burritos: inflation.</p>\n<p>\"Let's be real, Chipotle is the first of many companies that will begin to increase prices,\" <a href=\"https://laohu8.com/S/AONE\">one</a> person tweeted . \"Inflation is real and [it's] going to be reflected everywhere.\"</p>\n<p>Chipotle, however, told MarketWatch the price increase had little to do with inflation.</p>\n<p>\"The recent price increase is to offset the dollar cost of our wage increase, not to offset commodity inflation,\" Erin Wolford, a senior spokesperson at Chipotle, told MarketWatch. Last month, the fast-food chain announced plans to increase wages so employees earn an average of $15 an hour by late June.</p>\n<p>But the tweet wasn't entirely wrong -- consumers are paying more for a slew of goods.</p>\n<p>Rental cars, airfare and uncooked beef roasts cost 12.1%, 7% and 6.4% more last month, respectively, compared to April, according to the latest monthly report from the Bureau of Labor Statistics that tracks how much Americans are paying for nearly 80,000 different goods and services.</p>\n<p>The report, known as the Consumer Price Index, uses all the price data from the individual goods and services to estimate how much more or less Americans can expect to pay for goods across the board.</p>\n<p>Data from the most recent CPI report estimates that Americans paid 0.6% more for goods overall compared to the prior month and 5% more compared to last May.</p>\n<p><b>What inflation is and what it isn't</b></p>\n<p>By definition, inflation is an overall increase in prices of almost all goods and services -- so yes, people in the U.S. are experiencing inflation currently.</p>\n<p>But the fact that Chipotle is charging more for its food doesn't inherently mean that there's inflation, said Michael Weber, a University of Chicago Booth School of Business economist.</p>\n<p>\"Prices or costs go up and down all the time,\" he said. \"If across a whole range of goods, prices systematically and persistently go up, that's what we call inflation.\"</p>\n<p>Case in point: At the height of the pandemic a pack of three 8 oz. bottles of Purell was listed for nearly $70 on Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> -- more than four times what consumers paid for the same pack pre-pandemic, according to CamelCamelCamel.com, a site that tracks prices of good listed on Amazon. (Amazon didn't respond to MarketWatch's request for a comment.)</p>\n<p>But consumers weren't paying four times as much money for everything else they bought then, in fact, CPI data indicated they were paying less for most goods and services last March, April and May.</p>\n<p>Nevertheless, it is easy to get confused about what inflation is and what it isn't, said Sarah Foster, an analyst at Bankrate.com.</p>\n<p>\"If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation,\" she said.</p>\n<p>Inflation is when \"the cost of living has gone up across the board and what you have in your wallet today can't really buy as much as you could have bought with it a year ago.\"</p>\n<p><b>It's 'normal' for prices to increase</b></p>\n<p>\"In normal times, prices tend to rise by about 2% on any given year,\" said Gregory Daco, chief U.S. economist at Oxford Economics.</p>\n<p>But lately \"price increases are faster than they otherwise would be in normal times.\"</p>\n<p>The pandemic, of course, has been anything but normal.</p>\n<p>Movie theaters, restaurants, hair salons, gyms, and clothing stores had locks on their doors for months -- and even when they were allowed to reopen most consumers weren't rushing back immediately.</p>\n<p>That's changed as more Americans get vaccinated against coronavirus and most states have lifted major pandemic restrictions, including mask mandates.</p>\n<p>It makes sense that rental cars and trucks cost 12.1% more compared to last year, Daco said.</p>\n<p>\"Prices are rising because supply has not yet responded to the demand,\" he added. And car rental companies cannot easily get their hands on more cars \"because car companies sold the cars during the COVID crisis.\"</p>\n<p>Chip shortages, which are causing supply chain disruptions across a range of goods, are further propping up prices of new cars and trucks .</p>\n<p>Eventually, the supply of chips will increase to meet the demand -- or consumers may seek out other transportation options --- either way prices aren't likely to stay where they are, said Daco. Just like the pack of three Purell bottles which now can be purchased for $14.67 on Amazon.</p>\n<p>The verdict is still out on whether the inflation Americans are experiencing now will dissipate once people fully return to their pre-pandemic lives.</p>\n<p>One of the most important economic figures in the U.S., Federal Reserve Chairman Jerome Powell, thinks it will .</p>\n<p>MarketWatch wants to hear from you! What's costing you more money lately? Has inflation caused you to make any lifestyle changes?</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142378818","content_text":"'If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation'.\n\nWhen Chipotle $(CMG)$ CEO Brian Niccol shared that the company has increased its menu prices by nearly 4%, some customers thought they knew exactly what to blame for pricier burritos: inflation.\n\"Let's be real, Chipotle is the first of many companies that will begin to increase prices,\" one person tweeted . \"Inflation is real and [it's] going to be reflected everywhere.\"\nChipotle, however, told MarketWatch the price increase had little to do with inflation.\n\"The recent price increase is to offset the dollar cost of our wage increase, not to offset commodity inflation,\" Erin Wolford, a senior spokesperson at Chipotle, told MarketWatch. Last month, the fast-food chain announced plans to increase wages so employees earn an average of $15 an hour by late June.\nBut the tweet wasn't entirely wrong -- consumers are paying more for a slew of goods.\nRental cars, airfare and uncooked beef roasts cost 12.1%, 7% and 6.4% more last month, respectively, compared to April, according to the latest monthly report from the Bureau of Labor Statistics that tracks how much Americans are paying for nearly 80,000 different goods and services.\nThe report, known as the Consumer Price Index, uses all the price data from the individual goods and services to estimate how much more or less Americans can expect to pay for goods across the board.\nData from the most recent CPI report estimates that Americans paid 0.6% more for goods overall compared to the prior month and 5% more compared to last May.\nWhat inflation is and what it isn't\nBy definition, inflation is an overall increase in prices of almost all goods and services -- so yes, people in the U.S. are experiencing inflation currently.\nBut the fact that Chipotle is charging more for its food doesn't inherently mean that there's inflation, said Michael Weber, a University of Chicago Booth School of Business economist.\n\"Prices or costs go up and down all the time,\" he said. \"If across a whole range of goods, prices systematically and persistently go up, that's what we call inflation.\"\nCase in point: At the height of the pandemic a pack of three 8 oz. bottles of Purell was listed for nearly $70 on Amazon $(AMZN)$ -- more than four times what consumers paid for the same pack pre-pandemic, according to CamelCamelCamel.com, a site that tracks prices of good listed on Amazon. (Amazon didn't respond to MarketWatch's request for a comment.)\nBut consumers weren't paying four times as much money for everything else they bought then, in fact, CPI data indicated they were paying less for most goods and services last March, April and May.\nNevertheless, it is easy to get confused about what inflation is and what it isn't, said Sarah Foster, an analyst at Bankrate.com.\n\"If you're someone who's going to the grocery store on a regular basis or even to the gas pump, and you're noticing that those prices are rising, that doesn't always necessarily count as inflation,\" she said.\nInflation is when \"the cost of living has gone up across the board and what you have in your wallet today can't really buy as much as you could have bought with it a year ago.\"\nIt's 'normal' for prices to increase\n\"In normal times, prices tend to rise by about 2% on any given year,\" said Gregory Daco, chief U.S. economist at Oxford Economics.\nBut lately \"price increases are faster than they otherwise would be in normal times.\"\nThe pandemic, of course, has been anything but normal.\nMovie theaters, restaurants, hair salons, gyms, and clothing stores had locks on their doors for months -- and even when they were allowed to reopen most consumers weren't rushing back immediately.\nThat's changed as more Americans get vaccinated against coronavirus and most states have lifted major pandemic restrictions, including mask mandates.\nIt makes sense that rental cars and trucks cost 12.1% more compared to last year, Daco said.\n\"Prices are rising because supply has not yet responded to the demand,\" he added. And car rental companies cannot easily get their hands on more cars \"because car companies sold the cars during the COVID crisis.\"\nChip shortages, which are causing supply chain disruptions across a range of goods, are further propping up prices of new cars and trucks .\nEventually, the supply of chips will increase to meet the demand -- or consumers may seek out other transportation options --- either way prices aren't likely to stay where they are, said Daco. Just like the pack of three Purell bottles which now can be purchased for $14.67 on Amazon.\nThe verdict is still out on whether the inflation Americans are experiencing now will dissipate once people fully return to their pre-pandemic lives.\nOne of the most important economic figures in the U.S., Federal Reserve Chairman Jerome Powell, thinks it will .\nMarketWatch wants to hear from you! What's costing you more money lately? Has inflation caused you to make any lifestyle changes?","news_type":1},"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197296779,"gmtCreate":1621467833091,"gmtModify":1704357967212,"author":{"id":"3581727570212837","authorId":"3581727570212837","authorIdStr":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581727570212837"},"themes":[],"htmlText":"Hopefully crypto dies off and the world will be saved","listText":"Hopefully crypto dies off and the world will be saved","text":"Hopefully crypto dies off and the world will be saved","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/197296779","repostId":"1129952039","repostType":4,"repost":{"id":"1129952039","pubTimestamp":1621466041,"share":"https://ttm.financial/m/news/1129952039?lang=&edition=fundamental","pubTime":"2021-05-20 07:14","market":"us","language":"en","title":"U.S. stocks drop after Fed minutes, crypto fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1129952039","media":"Reuters","summary":"(Reuters) - Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal","content":"<p>(Reuters) - Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s goals, with some considering discussions on tapering its bond buying program.</p><p>The S&amp;P 500 added to losses after the release of the minutes revealed a number of Fed policymakers thought that if the economy continued rapid progress, it would become appropriate “at some point” in upcoming meetings to begin discussing a tapering of the Fed’s monthly purchases of government bonds, a policy designed to keep long-term interest rates low.</p><p>“There continues to be a view and a perspective from the participants, as well as the Fed staff that these inflationary pressures that are beginning to become evident will remain transitory in their view and will likely recede as we transition into 2022,” said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.</p><p>Strong inflation readings and signs of a worker shortage in recent weeks have fueled fears and roiled stock markets despite reassurances from Fed officials that the rise in prices would be temporary.</p><p>All three main indexes hit their session lows in morning trade after opening sharply lower, then partially recovered before the release of the Fed minutes pressured them anew.</p><p>The Dow Jones Industrial Average fell 164.62 points, or 0.48%, to 33,896.04, the S&amp;P 500 lost 12.15 points, or 0.29%, to 4,115.68 and the Nasdaq Composite dropped 3.90 points, or 0.03%, to 13,299.74.</p><p>Volume on U.S. exchanges was 10.70 billion shares, compared with the 10.60 billion average for the full session over the last 20 trading days.</p><p>Contributing to a risk-off mood on Wednesday, Bitcoin and ether plunged in the wake of China’s move to ban financial and payment institutions from providing cryptocurrency services.</p><p>The two main digital currencies fell as much as 30% and 45%, respectively, but they significantly stemmed their losses in afternoon trading after two of their biggest backers -- Tesla Inc chief Elon Musk and Ark Invest’s chief executive officer Cathie Wood -- reiterated their support for bitcoin.</p><p>Crypto-exchange operator Coinbase Global ,miners Riot Blockchain and Marathon Digital Holdings saw their shares sharply decline on Wednesday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 3 new 52-week highs and no new lows; the Nasdaq Composite recorded 34 new highs and 49 new lows.</p><p><b><i>Financial</i></b><b>&nbsp;</b><b><i>Report</i></b></p><p><a href=\"https://laohu8.com/NW/1160173685\" target=\"_blank\">4.5 Billion Parcels Expanded Market Share to 20.4%</a></p><p><a href=\"https://laohu8.com/NW/1178296022\" target=\"_blank\">KE Holdings EPS beats by $0.04, beats on revenue</a></p><p><a href=\"https://laohu8.com/NW/2136465859\" target=\"_blank\">Victoria's Secret parent L Brands swings to quarterly profit as sales rise</a></p><p><a href=\"https://laohu8.com/NW/2136594667\" target=\"_blank\">Cisco stock drops as higher costs amid chip shortage ding earnings outlook</a></p><p><a href=\"https://laohu8.com/NW/2136450339\" target=\"_blank\">Chip Design Software Firm Synopsys Trounces Fiscal Second-Quarter Targets</a></p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks drop after Fed minutes, crypto fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 07:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-drop-after-fed-minutes-crypto-fall-idUSL2N2N639Y><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-drop-after-fed-minutes-crypto-fall-idUSL2N2N639Y\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-drop-after-fed-minutes-crypto-fall-idUSL2N2N639Y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129952039","content_text":"(Reuters) - Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s goals, with some considering discussions on tapering its bond buying program.The S&P 500 added to losses after the release of the minutes revealed a number of Fed policymakers thought that if the economy continued rapid progress, it would become appropriate “at some point” in upcoming meetings to begin discussing a tapering of the Fed’s monthly purchases of government bonds, a policy designed to keep long-term interest rates low.“There continues to be a view and a perspective from the participants, as well as the Fed staff that these inflationary pressures that are beginning to become evident will remain transitory in their view and will likely recede as we transition into 2022,” said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.Strong inflation readings and signs of a worker shortage in recent weeks have fueled fears and roiled stock markets despite reassurances from Fed officials that the rise in prices would be temporary.All three main indexes hit their session lows in morning trade after opening sharply lower, then partially recovered before the release of the Fed minutes pressured them anew.The Dow Jones Industrial Average fell 164.62 points, or 0.48%, to 33,896.04, the S&P 500 lost 12.15 points, or 0.29%, to 4,115.68 and the Nasdaq Composite dropped 3.90 points, or 0.03%, to 13,299.74.Volume on U.S. exchanges was 10.70 billion shares, compared with the 10.60 billion average for the full session over the last 20 trading days.Contributing to a risk-off mood on Wednesday, Bitcoin and ether plunged in the wake of China’s move to ban financial and payment institutions from providing cryptocurrency services.The two main digital currencies fell as much as 30% and 45%, respectively, but they significantly stemmed their losses in afternoon trading after two of their biggest backers -- Tesla Inc chief Elon Musk and Ark Invest’s chief executive officer Cathie Wood -- reiterated their support for bitcoin.Crypto-exchange operator Coinbase Global ,miners Riot Blockchain and Marathon Digital Holdings saw their shares sharply decline on Wednesday.Declining issues outnumbered advancing ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored decliners.The S&P 500 posted 3 new 52-week highs and no new lows; the Nasdaq Composite recorded 34 new highs and 49 new lows.Financial Report4.5 Billion Parcels Expanded Market Share to 20.4%KE Holdings EPS beats by $0.04, beats on revenueVictoria's Secret parent L Brands swings to quarterly profit as sales riseCisco stock drops as higher costs amid chip shortage ding earnings outlookChip Design Software Firm Synopsys Trounces Fiscal Second-Quarter Targets","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}