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2021-08-18

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2021-08-04

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M&A investors flee deal stocks like AMD in perilous omen for merger arbitrageurs

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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":1632149700,"share":"https://ttm.financial/m/news/2168408683?lang=&edition=fundamental","pubTime":"2021-09-20 22:55","market":"us","language":"en","title":"Elon Musk chips in $50 million for SpaceX Inspiration4's children's cancer fundraising effort","url":"https://stock-news.laohu8.com/highlight/detail?id=2168408683","media":"Dow Jones","summary":"Billionaire Jared Isaacman, who paid for the SpaceX Inspiration4 flight, pledged $100 million St. Ju","content":"<p>Billionaire Jared Isaacman, who paid for the SpaceX Inspiration4 flight, pledged $100 million St. Jude Children's Research Hospital and set a goal of raising an additional $100 million by February 2022</p>\n<p>SpaceX's Inspiration4 flight achieved its space exploration mission, and it's also on track to hit its fundraising goal for children's cancer research, thanks to some help from SpaceX owner Elon Musk.</p>\n<p>Musk said on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (TWTR) after Inspiration4's successful splashdown Saturday, \"Count me for $50M,\" referring to the mission's fundraising campaign for St. Jude Children's Research Hospital.</p>\n<p>The SpaceX flight, which took four tourists on an extraterrestrial jaunt, aimed to bring in $200 million total for the cancer treatment and research facility, where children with cancer are treated free of charge.</p>\n<p>Jared Isaacman, the 38-year-old billionaire who paid for the space trip and commanded the mission, pledged to donate $100 million to St. Jude Children's Research Hospital when he announced plans for the space trip in February. Isaacman set a goal of using the publicity around the flight, dubbed Inspiration4, to raise an additional $100 million for St. Jude, a Memphis, Tenn., hospital.</p>\n<p><b>$200 million goal for children's cancer research</b></p>\n<p>Hours before blastoff earlier this month, the fundraising campaign had brought in more than $31 million on top of Isaacman's $100 million pledge, said a spokesman for American Lebanese Syrian Associated Charities, the fundraising and awareness organization for St. Jude Children's Research Hospital.</p>\n<p>By Friday afternoon, a total of $47.7 million had been raised. That left about $52.3 million to be raised by the campaign's end in February 2022.</p>\n<p>\"We're confident we'll hit the $200 million goal,\" the ALSAC spokesman told MarketWatch.</p>\n<p>The fundraising campaign took in $13 million from 72,000 entrants in a sweepstakes that offered the chance to win a seat on the flight. Entrants were encouraged, but not required, to donate to St. Jude, according to the contest rules, which estimated the retail value of the space flight at $2.21 million.</p>\n<p>Crew member Chris Sembroski, a 42-year-old data engineer and U.S. Air Force veteran from Everett, Wash., entered the lottery by donating. He didn't win, but a friend did and gave him the slot, according to the Associated Press</p>\n<p>Isaacman and three crewmates blasted off from Kennedy Space Center at Cape Canaveral, Fla., Sept. 15 and were splashed down off the coast of Florida Sept. 18.</p>\n<p>The other mission members were Hayley Arceneaux, a childhood bone cancer survivor who was treated at St. Jude and who now works there as a physician assistant, and Sian Proctor, a community college professor and pilot who won her seat through a contest sponsored by Isaacman's company, Shift4 Payments <a href=\"https://laohu8.com/S/FOUR\">$(FOUR)$</a>.</p>\n<p>Inspiration4's payload included several items that will be auctioned off as part of the fundraising campaign, including an NFT of the band Kings of Leon performing a song; a ukulele that Sembroski played in space; and four pilot's watches designed by watchmaker IWC Schaffhausen.</p>\n<p>St. Jude intends to use the $200 million to grow its reach, the ALSAC spokesman said. \"The goal is to expand research, find treatments and cures and expand the scope of St Jude's efforts globally, because childhood cancer doesn't discriminate,\" he said. \"It hits kids of all backgrounds, all ethnicities, all races, and that doesn't mean just in the United States.\"</p>\n<p>When St. Jude was founded by the actor Danny Thomas, star of the 1950s TV sit-com \"Make Room for Daddy,\" the childhood cancer survival rate was 20%; now it's 80%, he said. \"We want it to be 100%,\" he said.</p>\n<p><b>Isaacman is the latest billionaire in space</b></p>\n<p>Isaacman became a billionaire in 2020 after Shift4 went public. His company has previously donated to St. Jude, and he raised money for the Make-A-Wish Foundation in 2008 and 2009 when he attempted to break an around-the-world speed record in a jet plane, Forbes reported.</p>\n<p>Isaacman has not divulged how much he paid for the space flight. His trip is the latest in a flurry of billionaire-funded space flights: Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> founder Jeff Bezos ventured to the edge of space with his Blue Origin vehicle, and Virgin Galactic's <a href=\"https://laohu8.com/S/SPCE\">$(SPCE)$</a> Richard Branson hit an altitude of 53.5 miles.</p>\n<p>SpaceX was founded by Musk, co-founder of electric car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the wealthiest people in the world, with an estimated net worth of about $195 billion. Musk committed to donating to St. Jude at a press event announcing Inspiration4, Forbes reported.</p>\n<p>Musk signed the Giving Pledge, a public promise to give away most of his wealth either during his lifetime or in his will, in 2012. He's kept a relatively low profile as a philanthropist until this year, when he announced a global competition with a $100 million prize to be awarded to a team that comes up with a solution for permanently removing carbon dioxide from the atmosphere.</p>\n<p><b>Making 'an impact on the problems of today'</b></p>\n<p>Billionaires' space trips have garnered criticisms about the value of wealthy people spending their resources on personal space exploration when that money could solve problems on Earth.</p>\n<p>One of the frequently asked questions on the Inspiration4 website is, \"Why spend so much money on space travel when there is such desperate need right here on earth?\"</p>\n<p>The answer: \"Hardship and suffering have unfortunately been present throughout human history, but we can no sooner turn away from the great need all around us than we can put innovation and progress on hold. We have to find ways to do both. For starters, that is why we anticipate raising substantially more funds for St. Jude Children's Research Hospital than the cost of the mission, so that we can make an impact on the problems of today.\"</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>Elon Musk chips in $50 million for SpaceX Inspiration4's children's cancer fundraising effort</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\">\nElon Musk chips in $50 million for SpaceX Inspiration4's children's cancer fundraising effort\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\">2021-09-20 22:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Billionaire Jared Isaacman, who paid for the SpaceX Inspiration4 flight, pledged $100 million St. Jude Children's Research Hospital and set a goal of raising an additional $100 million by February 2022</p>\n<p>SpaceX's Inspiration4 flight achieved its space exploration mission, and it's also on track to hit its fundraising goal for children's cancer research, thanks to some help from SpaceX owner Elon Musk.</p>\n<p>Musk said on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (TWTR) after Inspiration4's successful splashdown Saturday, \"Count me for $50M,\" referring to the mission's fundraising campaign for St. Jude Children's Research Hospital.</p>\n<p>The SpaceX flight, which took four tourists on an extraterrestrial jaunt, aimed to bring in $200 million total for the cancer treatment and research facility, where children with cancer are treated free of charge.</p>\n<p>Jared Isaacman, the 38-year-old billionaire who paid for the space trip and commanded the mission, pledged to donate $100 million to St. Jude Children's Research Hospital when he announced plans for the space trip in February. Isaacman set a goal of using the publicity around the flight, dubbed Inspiration4, to raise an additional $100 million for St. Jude, a Memphis, Tenn., hospital.</p>\n<p><b>$200 million goal for children's cancer research</b></p>\n<p>Hours before blastoff earlier this month, the fundraising campaign had brought in more than $31 million on top of Isaacman's $100 million pledge, said a spokesman for American Lebanese Syrian Associated Charities, the fundraising and awareness organization for St. Jude Children's Research Hospital.</p>\n<p>By Friday afternoon, a total of $47.7 million had been raised. That left about $52.3 million to be raised by the campaign's end in February 2022.</p>\n<p>\"We're confident we'll hit the $200 million goal,\" the ALSAC spokesman told MarketWatch.</p>\n<p>The fundraising campaign took in $13 million from 72,000 entrants in a sweepstakes that offered the chance to win a seat on the flight. Entrants were encouraged, but not required, to donate to St. Jude, according to the contest rules, which estimated the retail value of the space flight at $2.21 million.</p>\n<p>Crew member Chris Sembroski, a 42-year-old data engineer and U.S. Air Force veteran from Everett, Wash., entered the lottery by donating. He didn't win, but a friend did and gave him the slot, according to the Associated Press</p>\n<p>Isaacman and three crewmates blasted off from Kennedy Space Center at Cape Canaveral, Fla., Sept. 15 and were splashed down off the coast of Florida Sept. 18.</p>\n<p>The other mission members were Hayley Arceneaux, a childhood bone cancer survivor who was treated at St. Jude and who now works there as a physician assistant, and Sian Proctor, a community college professor and pilot who won her seat through a contest sponsored by Isaacman's company, Shift4 Payments <a href=\"https://laohu8.com/S/FOUR\">$(FOUR)$</a>.</p>\n<p>Inspiration4's payload included several items that will be auctioned off as part of the fundraising campaign, including an NFT of the band Kings of Leon performing a song; a ukulele that Sembroski played in space; and four pilot's watches designed by watchmaker IWC Schaffhausen.</p>\n<p>St. Jude intends to use the $200 million to grow its reach, the ALSAC spokesman said. \"The goal is to expand research, find treatments and cures and expand the scope of St Jude's efforts globally, because childhood cancer doesn't discriminate,\" he said. \"It hits kids of all backgrounds, all ethnicities, all races, and that doesn't mean just in the United States.\"</p>\n<p>When St. Jude was founded by the actor Danny Thomas, star of the 1950s TV sit-com \"Make Room for Daddy,\" the childhood cancer survival rate was 20%; now it's 80%, he said. \"We want it to be 100%,\" he said.</p>\n<p><b>Isaacman is the latest billionaire in space</b></p>\n<p>Isaacman became a billionaire in 2020 after Shift4 went public. His company has previously donated to St. Jude, and he raised money for the Make-A-Wish Foundation in 2008 and 2009 when he attempted to break an around-the-world speed record in a jet plane, Forbes reported.</p>\n<p>Isaacman has not divulged how much he paid for the space flight. His trip is the latest in a flurry of billionaire-funded space flights: Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> founder Jeff Bezos ventured to the edge of space with his Blue Origin vehicle, and Virgin Galactic's <a href=\"https://laohu8.com/S/SPCE\">$(SPCE)$</a> Richard Branson hit an altitude of 53.5 miles.</p>\n<p>SpaceX was founded by Musk, co-founder of electric car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the wealthiest people in the world, with an estimated net worth of about $195 billion. Musk committed to donating to St. Jude at a press event announcing Inspiration4, Forbes reported.</p>\n<p>Musk signed the Giving Pledge, a public promise to give away most of his wealth either during his lifetime or in his will, in 2012. He's kept a relatively low profile as a philanthropist until this year, when he announced a global competition with a $100 million prize to be awarded to a team that comes up with a solution for permanently removing carbon dioxide from the atmosphere.</p>\n<p><b>Making 'an impact on the problems of today'</b></p>\n<p>Billionaires' space trips have garnered criticisms about the value of wealthy people spending their resources on personal space exploration when that money could solve problems on Earth.</p>\n<p>One of the frequently asked questions on the Inspiration4 website is, \"Why spend so much money on space travel when there is such desperate need right here on earth?\"</p>\n<p>The answer: \"Hardship and suffering have unfortunately been present throughout human history, but we can no sooner turn away from the great need all around us than we can put innovation and progress on hold. We have to find ways to do both. For starters, that is why we anticipate raising substantially more funds for St. Jude Children's Research Hospital than the cost of the mission, so that we can make an impact on the problems of today.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168408683","content_text":"Billionaire Jared Isaacman, who paid for the SpaceX Inspiration4 flight, pledged $100 million St. Jude Children's Research Hospital and set a goal of raising an additional $100 million by February 2022\nSpaceX's Inspiration4 flight achieved its space exploration mission, and it's also on track to hit its fundraising goal for children's cancer research, thanks to some help from SpaceX owner Elon Musk.\nMusk said on Twitter (TWTR) after Inspiration4's successful splashdown Saturday, \"Count me for $50M,\" referring to the mission's fundraising campaign for St. Jude Children's Research Hospital.\nThe SpaceX flight, which took four tourists on an extraterrestrial jaunt, aimed to bring in $200 million total for the cancer treatment and research facility, where children with cancer are treated free of charge.\nJared Isaacman, the 38-year-old billionaire who paid for the space trip and commanded the mission, pledged to donate $100 million to St. Jude Children's Research Hospital when he announced plans for the space trip in February. Isaacman set a goal of using the publicity around the flight, dubbed Inspiration4, to raise an additional $100 million for St. Jude, a Memphis, Tenn., hospital.\n$200 million goal for children's cancer research\nHours before blastoff earlier this month, the fundraising campaign had brought in more than $31 million on top of Isaacman's $100 million pledge, said a spokesman for American Lebanese Syrian Associated Charities, the fundraising and awareness organization for St. Jude Children's Research Hospital.\nBy Friday afternoon, a total of $47.7 million had been raised. That left about $52.3 million to be raised by the campaign's end in February 2022.\n\"We're confident we'll hit the $200 million goal,\" the ALSAC spokesman told MarketWatch.\nThe fundraising campaign took in $13 million from 72,000 entrants in a sweepstakes that offered the chance to win a seat on the flight. Entrants were encouraged, but not required, to donate to St. Jude, according to the contest rules, which estimated the retail value of the space flight at $2.21 million.\nCrew member Chris Sembroski, a 42-year-old data engineer and U.S. Air Force veteran from Everett, Wash., entered the lottery by donating. He didn't win, but a friend did and gave him the slot, according to the Associated Press\nIsaacman and three crewmates blasted off from Kennedy Space Center at Cape Canaveral, Fla., Sept. 15 and were splashed down off the coast of Florida Sept. 18.\nThe other mission members were Hayley Arceneaux, a childhood bone cancer survivor who was treated at St. Jude and who now works there as a physician assistant, and Sian Proctor, a community college professor and pilot who won her seat through a contest sponsored by Isaacman's company, Shift4 Payments $(FOUR)$.\nInspiration4's payload included several items that will be auctioned off as part of the fundraising campaign, including an NFT of the band Kings of Leon performing a song; a ukulele that Sembroski played in space; and four pilot's watches designed by watchmaker IWC Schaffhausen.\nSt. Jude intends to use the $200 million to grow its reach, the ALSAC spokesman said. \"The goal is to expand research, find treatments and cures and expand the scope of St Jude's efforts globally, because childhood cancer doesn't discriminate,\" he said. \"It hits kids of all backgrounds, all ethnicities, all races, and that doesn't mean just in the United States.\"\nWhen St. Jude was founded by the actor Danny Thomas, star of the 1950s TV sit-com \"Make Room for Daddy,\" the childhood cancer survival rate was 20%; now it's 80%, he said. \"We want it to be 100%,\" he said.\nIsaacman is the latest billionaire in space\nIsaacman became a billionaire in 2020 after Shift4 went public. His company has previously donated to St. Jude, and he raised money for the Make-A-Wish Foundation in 2008 and 2009 when he attempted to break an around-the-world speed record in a jet plane, Forbes reported.\nIsaacman has not divulged how much he paid for the space flight. His trip is the latest in a flurry of billionaire-funded space flights: Amazon $(AMZN)$ founder Jeff Bezos ventured to the edge of space with his Blue Origin vehicle, and Virgin Galactic's $(SPCE)$ Richard Branson hit an altitude of 53.5 miles.\nSpaceX was founded by Musk, co-founder of electric car maker Tesla $(TSLA)$, and one of the wealthiest people in the world, with an estimated net worth of about $195 billion. Musk committed to donating to St. Jude at a press event announcing Inspiration4, Forbes reported.\nMusk signed the Giving Pledge, a public promise to give away most of his wealth either during his lifetime or in his will, in 2012. He's kept a relatively low profile as a philanthropist until this year, when he announced a global competition with a $100 million prize to be awarded to a team that comes up with a solution for permanently removing carbon dioxide from the atmosphere.\nMaking 'an impact on the problems of today'\nBillionaires' space trips have garnered criticisms about the value of wealthy people spending their resources on personal space exploration when that money could solve problems on Earth.\nOne of the frequently asked questions on the Inspiration4 website is, \"Why spend so much money on space travel when there is such desperate need right here on earth?\"\nThe answer: \"Hardship and suffering have unfortunately been present throughout human history, but we can no sooner turn away from the great need all around us than we can put innovation and progress on hold. We have to find ways to do both. For starters, that is why we anticipate raising substantially more funds for St. Jude Children's Research Hospital than the cost of the mission, so that we can make an impact on the problems of today.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887856507,"gmtCreate":1632020086809,"gmtModify":1676530687665,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Please like my comment thank you","listText":"Please like my comment thank you","text":"Please like my comment thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887856507","repostId":"2168717845","repostType":4,"repost":{"id":"2168717845","pubTimestamp":1631930700,"share":"https://ttm.financial/m/news/2168717845?lang=&edition=fundamental","pubTime":"2021-09-18 10:05","market":"us","language":"en","title":"Endurance Acquisition Corp. Announces Closing of $200,000,000 Initial Public Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2168717845","media":"Business Wire","summary":"NEW YORK, September 17, 2021--(BUSINESS WIRE)--Endurance Acquisition Corp. (the \"Company\") announced","content":"<p><b>NEW YORK, September 17, 2021</b>--(BUSINESS WIRE)--<a href=\"https://laohu8.com/S/EDNCU\">Endurance Acquisition Corp.</a> (the \"Company\") announced today that it closed its initial public offering of 20,000,000 units at $10.00 per unit. The gross proceeds from the offering were $200 million before deducting underwriting discounts and estimated offering expenses. The units began trading on the Nasdaq Capital Market under the ticker symbol \"EDNCU\" on September 15, 2021. Each unit consists of <a href=\"https://laohu8.com/S/AONE.U\">one</a> Class A ordinary share of the Company and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants are expected to be listed on the Nasdaq Capital Market under the symbols \"EDNC\" and \"EDNCW,\" respectively.</p>\n<p>Endurance Acquisition Corp. is a blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. The Company intends to focus its search for a target business operating in data infrastructure and analytics, with a primary focus on space and wireless industries and related technology and services, or \"space-based tech\" businesses. These businesses can be found across the platforms and sensors, mobile communications, Internet of Things and artificial intelligence and big data analytics sectors.</p>\n<p>Cantor Fitzgerald &amp; Co acted as sole book-running manager for the offering. Truist Securities acted as lead manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.</p>\n<p>The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from Cantor Fitzgerald &amp; Co., Attn: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022, Email: prospectus@cantor.com.</p>\n<p>The registration statement relating to the securities became effective on September 14, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>\n<p><b>Forward-Looking Statements</b></p>\n<p>This press release contains statements that constitute \"forward-looking statements,\" including with respect to the anticipated use of the net proceeds, the Company’s approach to and the types of businesses the Company will focus on in its search to identify a target it its initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the \"Risk Factors\" section of the Company’s prospectus relating to the offering filed with the U.S. Securities and Exchange Commission (the \"SEC\"). Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.</p>\n<p><b>About Endurance Acquisition Corp.</b></p>\n<p>Endurance Acquisition Corp. is a blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. The Company intends to focus its search for a target business operating in data infrastructure and analytics, with a primary focus on space and wireless industries and related technology and services, or \"space-based tech\" businesses. The Company plans to leverage its management team’s, directors’, advisors’ and sponsor’s extensive experience across its target sectors to seek to identify attractive initial business combination opportunities.</p>","source":"yahoofinance","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>Endurance Acquisition Corp. Announces Closing of $200,000,000 Initial Public Offering</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\">\nEndurance Acquisition Corp. Announces Closing of $200,000,000 Initial Public Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/endurance-acquisition-corp-announces-closing-200500673.html><strong>Business Wire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, September 17, 2021--(BUSINESS WIRE)--Endurance Acquisition Corp. (the \"Company\") announced today that it closed its initial public offering of 20,000,000 units at $10.00 per unit. The gross ...</p>\n\n<a href=\"https://finance.yahoo.com/news/endurance-acquisition-corp-announces-closing-200500673.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/endurance-acquisition-corp-announces-closing-200500673.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2168717845","content_text":"NEW YORK, September 17, 2021--(BUSINESS WIRE)--Endurance Acquisition Corp. (the \"Company\") announced today that it closed its initial public offering of 20,000,000 units at $10.00 per unit. The gross proceeds from the offering were $200 million before deducting underwriting discounts and estimated offering expenses. The units began trading on the Nasdaq Capital Market under the ticker symbol \"EDNCU\" on September 15, 2021. Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants are expected to be listed on the Nasdaq Capital Market under the symbols \"EDNC\" and \"EDNCW,\" respectively.\nEndurance Acquisition Corp. is a blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. The Company intends to focus its search for a target business operating in data infrastructure and analytics, with a primary focus on space and wireless industries and related technology and services, or \"space-based tech\" businesses. These businesses can be found across the platforms and sensors, mobile communications, Internet of Things and artificial intelligence and big data analytics sectors.\nCantor Fitzgerald & Co acted as sole book-running manager for the offering. Truist Securities acted as lead manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.\nThe offering was made only by means of a prospectus. Copies of the prospectus may be obtained from Cantor Fitzgerald & Co., Attn: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022, Email: prospectus@cantor.com.\nThe registration statement relating to the securities became effective on September 14, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\nForward-Looking Statements\nThis press release contains statements that constitute \"forward-looking statements,\" including with respect to the anticipated use of the net proceeds, the Company’s approach to and the types of businesses the Company will focus on in its search to identify a target it its initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the \"Risk Factors\" section of the Company’s prospectus relating to the offering filed with the U.S. Securities and Exchange Commission (the \"SEC\"). Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.\nAbout Endurance Acquisition Corp.\nEndurance Acquisition Corp. is a blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. The Company intends to focus its search for a target business operating in data infrastructure and analytics, with a primary focus on space and wireless industries and related technology and services, or \"space-based tech\" businesses. The Company plans to leverage its management team’s, directors’, advisors’ and sponsor’s extensive experience across its target sectors to seek to identify attractive initial business combination opportunities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885144309,"gmtCreate":1631770508301,"gmtModify":1676530631189,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi can someone help to like my comment? Thank you!","listText":"Hi can someone help to like my comment? Thank you!","text":"Hi can someone help to like my comment? Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885144309","repostId":"2167515516","repostType":4,"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882931402,"gmtCreate":1631638685506,"gmtModify":1676530597812,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Please heLp to like mY commeNt. ThanK you!","listText":"Please heLp to like mY commeNt. ThanK you!","text":"Please heLp to like mY commeNt. ThanK you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882931402","repostId":"1149444561","repostType":4,"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888535388,"gmtCreate":1631506063744,"gmtModify":1676530560603,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi can someone help me to like my comment? Thank you!","listText":"Hi can someone help me to like my comment? Thank you!","text":"Hi can someone help me to like my comment? Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888535388","repostId":"1108703048","repostType":4,"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888532207,"gmtCreate":1631506016909,"gmtModify":1676530560578,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi can someone help me to like my comment? Thank you!","listText":"Hi can someone help me to like my comment? Thank you!","text":"Hi can someone help me to like my comment? Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888532207","repostId":"1191352294","repostType":4,"repost":{"id":"1191352294","pubTimestamp":1631504454,"share":"https://ttm.financial/m/news/1191352294?lang=&edition=fundamental","pubTime":"2021-09-13 11:40","market":"us","language":"en","title":"IPO Update: Procept BioRobotics Pursues $127 Million IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1191352294","media":"seekingalpha","summary":"Summary\n\nProcept BioRobotics has filed to raise $127 million in a U.S. IPO.\nThe firm is commercializ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Procept BioRobotics has filed to raise $127 million in a U.S. IPO.</li>\n <li>The firm is commercializing robotic surgical instruments.</li>\n <li>PRCT has grown from a small revenue base and has significant prospects ahead of it, but the IPO is quite highly priced, so I'll pass on it.</li>\n</ul>\n<p><b>Quick Take</b></p>\n<p>Procept BioRobotics Corp. (PRCT) has filed to raise $127 million from the sale of its common stock in an IPO, according to an amendedregistration statement.</p>\n<p>The company develops and commercializes surgical robotic medical devices and instruments.</p>\n<p>While interested investors may wish to bet on high future growth enabling the company to grow into its valuation, the IPO is a bit pricey for me.</p>\n<p><b>Company and Technology</b></p>\n<p>Redwood City, California-based Procept was founded to develop advanced surgical robotic devices for use in minimally invasive procedures.</p>\n<p>Management is headed by President and CEO Reza Zadno, Ph.D., who has been with the firm since February 2020 and was previously president and CEO of Avedro, a healthcare company.</p>\n<p>The company's first instrument is the AquaBeam Robotic System for use in urologic surgery with an initial focus on treating benign prostate hyperplasia.</p>\n<p>Procept has received at least $328 million in equity investment from investors including CPMG, Viking Global, Fidelity and individuals.</p>\n<p><b>Customer Acquisition</b></p>\n<p>The firm sells its product to hospitals who in turn charge various third party payors for each service rendered.</p>\n<p>The company is targeting 860 high-volume hospitals which account for 70% of all hospital-based resective procedures.</p>\n<p>Selling, G&amp;A expenses as a percentage of total revenue have dropped substantially as revenues have increased, as the figures below indicate:</p>\n<p><img src=\"https://static.tigerbbs.com/ada5c5e563d998661a4c0be8bd6c8753\" tg-width=\"616\" tg-height=\"303\" referrerpolicy=\"no-referrer\">The Selling, G&amp;A efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling, G&amp;A spend, rose to 0.6x in the most recent reporting period, as shown in the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/11297f4daec31c148a6db00152887b6a\" tg-width=\"611\" tg-height=\"242\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2018 marketresearch reportby Allied Market Research, the global market for treating benign prostatic hyperplasia was an estimated $10.7 billion in 2017 and is forecast to reach $20.1 billion by 2025.</p>\n<p>This represents a forecast CAGR of 8.1% from 2018 to 2025.</p>\n<p>The main drivers for this expected growth are an increase in disease incidence to the aging of the global population of males.</p>\n<p>Also, alpha-blocker drugs are likely to be a major competitor, as they help in relaxing the muscle of the prostate and the bladder neck, allowing urination to occur more easily.</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li>Boehringer Ingelheim</li>\n <li>Allergan</li>\n <li>GlaxoSmithKline(NYSE:GSK)</li>\n <li>Merck(NYSE:MRK)</li>\n <li>Teleflex(NYSE:TFX)</li>\n <li>Boston Scientific(NYSE:BSX)</li>\n <li>Others</li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Procept’s recent financial results can be summarized as follows:</p>\n<ul>\n <li>Sharply growing top-line revenue from a small base</li>\n <li>A swing to gross profit and positive gross margin</li>\n <li>High and increasing operating losses</li>\n <li>High and increasing cash used in operations</li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p><img src=\"https://static.tigerbbs.com/b9c04ed344f16f126d4b010418be55b7\" tg-width=\"610\" tg-height=\"615\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/23a43452fa53a29074b6244227c4b5be\" tg-width=\"615\" tg-height=\"618\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ce774d5bfb2548c261e4065b45be604c\" tg-width=\"614\" tg-height=\"618\" referrerpolicy=\"no-referrer\">As of June 30, 2021, Procept had $159.2 million in cash and $68.3 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($52.7 million).</p>\n<p><b>IPO Details</b></p>\n<p>PRCT intends to sell 5.5 million shares of common stock at a proposed midpoint price of $23.00 per share for gross proceeds of approximately $126.5 million, not including the sale of customary underwriter options.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $674 million.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 13.35%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p>\n<blockquote>\n Approximately $45.0 million to hire additional sales and marketing personnel;\n</blockquote>\n<blockquote>\n approximately $25.0 million to fund product development and research and development activities; and\n</blockquote>\n<blockquote>\n the remainder for working capital and other general corporate purposes.\n</blockquote>\n<blockquote>\n Based on our operating plan, we currently believe that our existing cash and cash equivalents, anticipated revenue and available debt financing arrangements, together with the net proceeds from this offering, will be sufficient to meet our capital requirements and fund our operations through at least the next 12 months from the date of this prospectus.\n</blockquote>\n<p>Management’s presentation of the company roadshow is not available.</p>\n<p>Regarding outstanding legal proceedings, management has disclosed no legal claims or proceedings against the firm of a material nature.</p>\n<p>Listed bookrunners of the IPO are BofA Securities, Goldman Sachs, Cowen, Guggenheim Securities and SVB Leerink.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<p><img src=\"https://static.tigerbbs.com/84ef95ffd4e0d8ccce8c39b6a56daa28\" tg-width=\"611\" tg-height=\"707\" referrerpolicy=\"no-referrer\">As a reference, a potential partial public comparable would be Teleflex; shown below is a comparison of their primary valuation metrics:</p>\n<p><img src=\"https://static.tigerbbs.com/d65054ebfd91972cd98791ee6860e9a8\" tg-width=\"610\" tg-height=\"359\" referrerpolicy=\"no-referrer\">Commentary</p>\n<p>PRCT seeks public investment to fund the commercial ramp up of its AquaBeam Robotic System for use in urologic surgery with an initial focus on treating benign prostate hyperplasia.</p>\n<p>The firm’s financials show strong revenue growth from a small base but high operating losses and cash use as the company is in the early stages of its commercialization process.</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was negative ($52.7 million).</p>\n<p>The IPO proceeds will likely only last the firm 12 months, so PRCT will need to go out for more capital soon, either diluting shareholders with a new equity sale or taking on debt.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have dropped as revenue has begun to ramp up and its Sales and Marketing efficiency rate rose to 0.6x in the most recent six-month reporting period.</p>\n<p>The market opportunity for treating benign prostate hyperplasia is large and expected to double in size between 2017 and 2025.</p>\n<p>BofA Securities is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 13.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is the slow sales cycle and uptake of the firm’s system, which may be perceived as more complex than handing out a prescription pill for patient use.</p>\n<p>As for valuation, management is seeking a Price/Sales multiple of 45x, which is extremely high and appears to be based on expected future growth.</p>\n<p>While interested investors may wish to bet on that high future growth enabling the company to grow into its valuation, the IPO is a bit pricey for me.</p>\n<p>Expected IPO Pricing Date: September 14, 2021.</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>IPO Update: Procept BioRobotics Pursues $127 Million IPO</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\">\nIPO Update: Procept BioRobotics Pursues $127 Million IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 11:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4454431-ipo-update-procept-biorobotics-pursues-127-million-ipo><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nProcept BioRobotics has filed to raise $127 million in a U.S. IPO.\nThe firm is commercializing robotic surgical instruments.\nPRCT has grown from a small revenue base and has significant ...</p>\n\n<a href=\"https://seekingalpha.com/article/4454431-ipo-update-procept-biorobotics-pursues-127-million-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PRCT":"PROCEPT BioRobotics"},"source_url":"https://seekingalpha.com/article/4454431-ipo-update-procept-biorobotics-pursues-127-million-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1191352294","content_text":"Summary\n\nProcept BioRobotics has filed to raise $127 million in a U.S. IPO.\nThe firm is commercializing robotic surgical instruments.\nPRCT has grown from a small revenue base and has significant prospects ahead of it, but the IPO is quite highly priced, so I'll pass on it.\n\nQuick Take\nProcept BioRobotics Corp. (PRCT) has filed to raise $127 million from the sale of its common stock in an IPO, according to an amendedregistration statement.\nThe company develops and commercializes surgical robotic medical devices and instruments.\nWhile interested investors may wish to bet on high future growth enabling the company to grow into its valuation, the IPO is a bit pricey for me.\nCompany and Technology\nRedwood City, California-based Procept was founded to develop advanced surgical robotic devices for use in minimally invasive procedures.\nManagement is headed by President and CEO Reza Zadno, Ph.D., who has been with the firm since February 2020 and was previously president and CEO of Avedro, a healthcare company.\nThe company's first instrument is the AquaBeam Robotic System for use in urologic surgery with an initial focus on treating benign prostate hyperplasia.\nProcept has received at least $328 million in equity investment from investors including CPMG, Viking Global, Fidelity and individuals.\nCustomer Acquisition\nThe firm sells its product to hospitals who in turn charge various third party payors for each service rendered.\nThe company is targeting 860 high-volume hospitals which account for 70% of all hospital-based resective procedures.\nSelling, G&A expenses as a percentage of total revenue have dropped substantially as revenues have increased, as the figures below indicate:\nThe Selling, G&A efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Selling, G&A spend, rose to 0.6x in the most recent reporting period, as shown in the table below:\n\nMarket & Competition\nAccording to a 2018 marketresearch reportby Allied Market Research, the global market for treating benign prostatic hyperplasia was an estimated $10.7 billion in 2017 and is forecast to reach $20.1 billion by 2025.\nThis represents a forecast CAGR of 8.1% from 2018 to 2025.\nThe main drivers for this expected growth are an increase in disease incidence to the aging of the global population of males.\nAlso, alpha-blocker drugs are likely to be a major competitor, as they help in relaxing the muscle of the prostate and the bladder neck, allowing urination to occur more easily.\nMajor competitive or other industry participants include:\n\nBoehringer Ingelheim\nAllergan\nGlaxoSmithKline(NYSE:GSK)\nMerck(NYSE:MRK)\nTeleflex(NYSE:TFX)\nBoston Scientific(NYSE:BSX)\nOthers\n\nFinancial Performance\nProcept’s recent financial results can be summarized as follows:\n\nSharply growing top-line revenue from a small base\nA swing to gross profit and positive gross margin\nHigh and increasing operating losses\nHigh and increasing cash used in operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\nAs of June 30, 2021, Procept had $159.2 million in cash and $68.3 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was negative ($52.7 million).\nIPO Details\nPRCT intends to sell 5.5 million shares of common stock at a proposed midpoint price of $23.00 per share for gross proceeds of approximately $126.5 million, not including the sale of customary underwriter options.\nNo existing shareholders have indicated an interest to purchase shares at the IPO price.\nAssuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex-underwriter options) would approximate $674 million.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 13.35%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nPer the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:\n\n Approximately $45.0 million to hire additional sales and marketing personnel;\n\n\n approximately $25.0 million to fund product development and research and development activities; and\n\n\n the remainder for working capital and other general corporate purposes.\n\n\n Based on our operating plan, we currently believe that our existing cash and cash equivalents, anticipated revenue and available debt financing arrangements, together with the net proceeds from this offering, will be sufficient to meet our capital requirements and fund our operations through at least the next 12 months from the date of this prospectus.\n\nManagement’s presentation of the company roadshow is not available.\nRegarding outstanding legal proceedings, management has disclosed no legal claims or proceedings against the firm of a material nature.\nListed bookrunners of the IPO are BofA Securities, Goldman Sachs, Cowen, Guggenheim Securities and SVB Leerink.\nValuation Metrics\nBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:\nAs a reference, a potential partial public comparable would be Teleflex; shown below is a comparison of their primary valuation metrics:\nCommentary\nPRCT seeks public investment to fund the commercial ramp up of its AquaBeam Robotic System for use in urologic surgery with an initial focus on treating benign prostate hyperplasia.\nThe firm’s financials show strong revenue growth from a small base but high operating losses and cash use as the company is in the early stages of its commercialization process.\nFree cash flow for the twelve months ended June 30, 2021, was negative ($52.7 million).\nThe IPO proceeds will likely only last the firm 12 months, so PRCT will need to go out for more capital soon, either diluting shareholders with a new equity sale or taking on debt.\nSales and Marketing expenses as a percentage of total revenue have dropped as revenue has begun to ramp up and its Sales and Marketing efficiency rate rose to 0.6x in the most recent six-month reporting period.\nThe market opportunity for treating benign prostate hyperplasia is large and expected to double in size between 2017 and 2025.\nBofA Securities is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 13.5% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the company’s outlook is the slow sales cycle and uptake of the firm’s system, which may be perceived as more complex than handing out a prescription pill for patient use.\nAs for valuation, management is seeking a Price/Sales multiple of 45x, which is extremely high and appears to be based on expected future growth.\nWhile interested investors may wish to bet on that high future growth enabling the company to grow into its valuation, the IPO is a bit pricey for me.\nExpected IPO Pricing Date: September 14, 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578969648963961","authorId":"3578969648963961","authorIdStr":"3578969648963961","name":"Boo2bear","avatar":"https://static.tigerbbs.com/209ae746c8124fe2d5f79aee784d2fcc","crmLevel":4,"crmLevelSwitch":0,"idStr":"3578969648963961"},"content":"Sure. Done. Pls like back. Tq","text":"Sure. Done. Pls like back. Tq","html":"Sure. Done. Pls like back. Tq"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888532809,"gmtCreate":1631505981601,"gmtModify":1676530560570,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi can someone help me to like my comment? Thank you","listText":"Hi can someone help me to like my comment? Thank you","text":"Hi can someone help me to like my comment? Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888532809","repostId":"1191352294","repostType":4,"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888985360,"gmtCreate":1631422485250,"gmtModify":1676530546014,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi someone pls help me to like my comment. Thank you ?","listText":"Hi someone pls help me to like my comment. Thank you ?","text":"Hi someone pls help me to like my comment. Thank you ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/888985360","repostId":"1189654544","repostType":4,"repost":{"id":"1189654544","pubTimestamp":1631406130,"share":"https://ttm.financial/m/news/1189654544?lang=&edition=fundamental","pubTime":"2021-09-12 08:22","market":"us","language":"en","title":"US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1189654544","media":"Renaissance Capital","summary":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion i","content":"<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p>\n<p>Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p>\n<p>Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p>\n<p>After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p>\n<p>Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p>\n<p>Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p>\n<p>Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p>\n<p>Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p>\n<p>Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p>\n<p>Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p>\n<p>Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p>\n<p><img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 08:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week\">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","SRAD":"Sportradar Group AG","BROS":"Dutch Bros Inc.","FORG":"ForgeRock, Inc.","TWKS":"Thoughtworks Holding Inc.","EZFL":"EzFill Holdings Inc",".SPX":"S&P 500 Index","DH":"Definitive Healthcare Corp.","ONON":"On Holding AG","TYRA":"Tyra Biosciences, Inc.","DICE":"DICE Therapeutics, Inc.","PRCT":"PROCEPT BioRobotics",".DJI":"道琼斯"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189654544","content_text":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.\nSwiss running shoe brand On Holding(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.\nAfter ending talks to go public via SPAC,Sportradar Group(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.\nDrive-thru coffee chain Dutch Bros(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.\nHealthcare intelligence platform Definitive Healthcare(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.\nIdentity management platform ForgeRock(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.\nImmunology biotech DICE Therapeutics(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.\nSurgical robotics developer PROCEPT BioRobotics(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.\nOncology biotech Tyra Biosciences(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.\nMicro-cap gas delivery service EzFill Holdings(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881385207,"gmtCreate":1631293411809,"gmtModify":1676530523251,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi can anyone give me 1 like? Thank you!","listText":"Hi can anyone give me 1 like? Thank you!","text":"Hi can anyone give me 1 like? Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881385207","repostId":"2166375610","repostType":4,"repost":{"id":"2166375610","pubTimestamp":1631284680,"share":"https://ttm.financial/m/news/2166375610?lang=&edition=fundamental","pubTime":"2021-09-10 22:38","market":"us","language":"en","title":"Amazon's $50 Billion Opportunity Is Rolling Out at Whole Foods Stores","url":"https://stock-news.laohu8.com/highlight/detail?id=2166375610","media":"Motley Fool","summary":"The e-commerce giant is doubling down on its \"Just Walk Out\" system.","content":"<p><b>Amazon</b> (NASDAQ:AMZN) announced in a blog post on Wednesday that the \"Just Walk Out\" technology that powers its Amazon Go stores will soon debut at two Whole Foods stores. The cutting-edge system lets customers pick up items and simply walk out of the store. Once they depart, the purchases are charged to their account.</p>\n<p>This could be the start of a whole new era for grocery stores, allowing consumers to skip the checkout line altogether and simply take their items and go. This also marks Amazon's most ambitious rollout of the technology yet.</p>\n<p>Starting next year, Whole Foods stores in Washington, D.C. and Sherman Oaks, California will be outfitted with the Just Walk Out system.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F642596%2Fa-person-with-a-mask-shopping-for-fresh-vegetables.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"461\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Cutting-edge technology, years in the making</h3>\n<p>The company first debuted its groundbreaking technology at the Amazon Go store in 2017. Shoppers use the Amazon app on their smartphones to gain access to the store.</p>\n<p>The system is powered by computer vision, various sensors, and artificial intelligence algorithms to track customers' movements as they shop. It then detects when items are taken from the shelf and placed in a shopper's bag or basket or perhaps returned to the shelf. Once the user leaves the store, the purchased items are tallied on a digital register tape, and the total is charged to their payment method on file.</p>\n<p>Since the first location opened nearly five years ago, Amazon has worked to perfect its technology, testing it in a variety of location sizes and formats. In addition, the company has expanded beyond the initial Amazon Go stores, introducing the hyperćonvenient solution in several Amazon Fresh locations and full-sized grocery stores.</p>\n<p>Amazon also has some deals with third-party retailers, licensing the tech to privately held airport-shop operator OTG. The company announced early last year that the system would be used at the CIBO Express Market in Newark <a href=\"https://laohu8.com/S/LFG.AU\">Liberty</a> International Airport and LaGuardia Airport, with other locations to come.</p>\n<p>This marks the first time Amazon has used the technology on such a large scale, allowing shoppers to scan the app or insert a credit card associated with their accounts. Customers can also use the company's contactless palm-scanning system, which is also associated with their Amazon Prime accounts.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F642596%2Fa-person-shopping-for-groceries-in-an-organic-health-food-store.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>A $50 billion market opportunity</h3>\n<p>Skipping the checkout line is an idea whose time has come. Younger and more tech-savvy consumers are likely to quickly embrace the technology, which might still be intimidating to some shoppers. This changing consumer paradigm represents a large and growing opportunity for Amazon.</p>\n<p>In 2018, the size of the automated retail market was estimated at $50 billion, according to estimates generated by Loop Ventures. If Amazon successfully captures even a fraction of this opportunity, the company could generate a significant new revenue stream selling or licensing this technology.</p>\n<h3>A history of innovation and disruption</h3>\n<p>This adds to a long and growing list of disruptive innovations that have come courtesy of Amazon. The company popularized the concept of cloud computing and revolutionized online retail. Let's not forget that Amazon was also among the first to debut a smart speaker powered by voice technology, introducing the world to the Echo and its digital assistant, Alexa.</p>\n<p>Given the company's significant head start in the field of cashier-less checkout, Amazon might just have another winner on its hands.</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>Amazon's $50 Billion Opportunity Is Rolling Out at Whole Foods Stores</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon's $50 Billion Opportunity Is Rolling Out at Whole Foods Stores\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 22:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/10/amazons-50-billion-opportunity-at-whole-foods/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon (NASDAQ:AMZN) announced in a blog post on Wednesday that the \"Just Walk Out\" technology that powers its Amazon Go stores will soon debut at two Whole Foods stores. The cutting-edge system lets ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/10/amazons-50-billion-opportunity-at-whole-foods/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2021/09/10/amazons-50-billion-opportunity-at-whole-foods/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166375610","content_text":"Amazon (NASDAQ:AMZN) announced in a blog post on Wednesday that the \"Just Walk Out\" technology that powers its Amazon Go stores will soon debut at two Whole Foods stores. The cutting-edge system lets customers pick up items and simply walk out of the store. Once they depart, the purchases are charged to their account.\nThis could be the start of a whole new era for grocery stores, allowing consumers to skip the checkout line altogether and simply take their items and go. This also marks Amazon's most ambitious rollout of the technology yet.\nStarting next year, Whole Foods stores in Washington, D.C. and Sherman Oaks, California will be outfitted with the Just Walk Out system.\n\nImage source: Getty Images.\nCutting-edge technology, years in the making\nThe company first debuted its groundbreaking technology at the Amazon Go store in 2017. Shoppers use the Amazon app on their smartphones to gain access to the store.\nThe system is powered by computer vision, various sensors, and artificial intelligence algorithms to track customers' movements as they shop. It then detects when items are taken from the shelf and placed in a shopper's bag or basket or perhaps returned to the shelf. Once the user leaves the store, the purchased items are tallied on a digital register tape, and the total is charged to their payment method on file.\nSince the first location opened nearly five years ago, Amazon has worked to perfect its technology, testing it in a variety of location sizes and formats. In addition, the company has expanded beyond the initial Amazon Go stores, introducing the hyperćonvenient solution in several Amazon Fresh locations and full-sized grocery stores.\nAmazon also has some deals with third-party retailers, licensing the tech to privately held airport-shop operator OTG. The company announced early last year that the system would be used at the CIBO Express Market in Newark Liberty International Airport and LaGuardia Airport, with other locations to come.\nThis marks the first time Amazon has used the technology on such a large scale, allowing shoppers to scan the app or insert a credit card associated with their accounts. Customers can also use the company's contactless palm-scanning system, which is also associated with their Amazon Prime accounts.\n\nImage source: Getty Images.\nA $50 billion market opportunity\nSkipping the checkout line is an idea whose time has come. Younger and more tech-savvy consumers are likely to quickly embrace the technology, which might still be intimidating to some shoppers. This changing consumer paradigm represents a large and growing opportunity for Amazon.\nIn 2018, the size of the automated retail market was estimated at $50 billion, according to estimates generated by Loop Ventures. If Amazon successfully captures even a fraction of this opportunity, the company could generate a significant new revenue stream selling or licensing this technology.\nA history of innovation and disruption\nThis adds to a long and growing list of disruptive innovations that have come courtesy of Amazon. The company popularized the concept of cloud computing and revolutionized online retail. Let's not forget that Amazon was also among the first to debut a smart speaker powered by voice technology, introducing the world to the Echo and its digital assistant, Alexa.\nGiven the company's significant head start in the field of cashier-less checkout, Amazon might just have another winner on its hands.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889788109,"gmtCreate":1631179093001,"gmtModify":1676530488629,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi pls help me to like my comment. Thank you","listText":"Hi pls help me to like my comment. Thank you","text":"Hi pls help me to like my comment. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/889788109","repostId":"1108464667","repostType":4,"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880838842,"gmtCreate":1631029834786,"gmtModify":1676530448563,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Pls help me like my comment&nbsp;","listText":"Pls help me like my comment&nbsp;","text":"Pls help me like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/880838842","repostId":"2165849354","repostType":4,"repost":{"id":"2165849354","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":1631027520,"share":"https://ttm.financial/m/news/2165849354?lang=&edition=fundamental","pubTime":"2021-09-07 23:12","market":"us","language":"en","title":"Wall Street sees as much as 56% upside for its 20 favorite stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2165849354","media":"Dow Jones","summary":"Stocks favored by analysts include Micron, GM, Activision Blizzard and Southwest Airlines.\n\nAs the s","content":"<blockquote>\n Stocks favored by analysts include Micron, GM, Activision Blizzard and Southwest Airlines.\n</blockquote>\n<p>As the stock market reopens following Labor Day weekend, there is no shortage of warnings that a correction is due -- which would be a pullback of at least 10% for the benchmark S&amp;P 500 following a gain of 21% so far this year.</p>\n<p>But there still may be catalysts for stock prices as the economy rebounds and interest rates remain low. A list of favorite S&amp;P 500 stocks among Wall Street analysts is below.</p>\n<p>In Monday's Need to Know column, Barbara Kollmeyer cites Matt Maley, chief market strategist at Miller Tabak + Co., who sees parallels between current market conditions and those of 2007, 1999 and 1929 that preceded three crashes.</p>\n<p>Then again, John Buckingham, editor of the Prudent Speculator newsletter, shared this chart, which shows how the market recovered after declines brought about by 20 \"frightening events\" going back to 2010:</p>\n<p>An investor with a crystal ball might time the market perfectly, selling everything at a market top and buying at the bottom. But the human tendency, even for an investor who \"gets out in time,\" is to buy back in too late and miss the rebound. For the vast majority of long-term investors, waiting out a bear market (<a href=\"https://laohu8.com/S/AONE.U\">one</a> with a decline of at least 20%) tends to work out well if one can stay in for three years. If your investment horizon is shorter than that, stocks might not be for you.</p>\n<p>Buckingham's chart, above, shows how well the S&amp;P 500 has performed since the COVID-19 crisis began. But here's another way of illustrating how quickly the market can recover, especially when supported by government stimulus and Federal Reserve policy -- the S&amp;P 500's price movement since the end of 2019:</p>\n<p>From an intraday peak Feb. 10, 2020, through the pandemic trough March 23, 2020, the S&amp;P 500 dropped 35%. It has gained 107% since that bottom. But if you look more closely, you can see significant pullbacks (based on intraday prices) of 11% between Sept. 2, 2020, and Sept. 24, 2020, and 9% between Oct. 10, 2020, and Oct. 30, 2020. Those weren't fun periods for investors, but in hindsight they were blips. Investors fare best when they held on.</p>\n<p><b>Valuations and relative bargains</b></p>\n<p>Federal stimulus and central-bank easy-money policies have made interest rates so low that some investors who would traditionally lean toward bonds and preferred stocks for income turned toward common stocks. So the forward price-to-earnings (P/E) ratio for the S&amp;P 500 is now 21.4, based on consensus estimates among analysts polled by FactSet, compared to a 10-year average valuation of 16.5.</p>\n<p>The 11 sectors of the S&amp;P 500 tend to trade higher or lower than the full index on a P/E basis. Here are the sectors' relative valuations to the full index and how those compare to average valuations:</p>\n<table>\n <tbody>\n  <tr>\n   <td>S&amp;P 500 sector</td>\n   <td>Forward P/E</td>\n   <td>Average forward P/E -- 10 years</td>\n   <td>P/E to full index P/E</td>\n   <td>Average P/E to average full index P/E</td>\n   <td>Relative premium or discount</td>\n  </tr>\n  <tr>\n   <td>Energy</td>\n   <td>13.2</td>\n   <td>15.3</td>\n   <td>62%</td>\n   <td>93%</td>\n   <td>-31%</td>\n  </tr>\n  <tr>\n   <td>Materials</td>\n   <td>17.2</td>\n   <td>15.8</td>\n   <td>80%</td>\n   <td>95%</td>\n   <td>-15%</td>\n  </tr>\n  <tr>\n   <td>Industrials</td>\n   <td>22.5</td>\n   <td>16.7</td>\n   <td>105%</td>\n   <td>101%</td>\n   <td>4%</td>\n  </tr>\n  <tr>\n   <td>Consumer Discretionary</td>\n   <td>31.5</td>\n   <td>22.1</td>\n   <td>148%</td>\n   <td>134%</td>\n   <td>14%</td>\n  </tr>\n  <tr>\n   <td>Consumer Staples</td>\n   <td>20.8</td>\n   <td>18.5</td>\n   <td>97%</td>\n   <td>112%</td>\n   <td>-15%</td>\n  </tr>\n  <tr>\n   <td>Health Care</td>\n   <td>17.7</td>\n   <td>15.5</td>\n   <td>83%</td>\n   <td>94%</td>\n   <td>-11%</td>\n  </tr>\n  <tr>\n   <td>Financials</td>\n   <td>14.4</td>\n   <td>12.2</td>\n   <td>67%</td>\n   <td>74%</td>\n   <td>-7%</td>\n  </tr>\n  <tr>\n   <td>Real Estate</td>\n   <td>23.3</td>\n   <td>18.6</td>\n   <td>109%</td>\n   <td>112%</td>\n   <td>-3%</td>\n  </tr>\n  <tr>\n   <td>Information Technology</td>\n   <td>26.6</td>\n   <td>16.8</td>\n   <td>125%</td>\n   <td>102%</td>\n   <td>23%</td>\n  </tr>\n  <tr>\n   <td>Communication Services</td>\n   <td>22.7</td>\n   <td>18.6</td>\n   <td>106%</td>\n   <td>113%</td>\n   <td>-6%</td>\n  </tr>\n  <tr>\n   <td>Utilities</td>\n   <td>20.0</td>\n   <td>16.7</td>\n   <td>94%</td>\n   <td>101%</td>\n   <td>-7%</td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500</td>\n   <td>21.4</td>\n   <td>16.5</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>It probably isn't a surprise to see that the information technology sector, dominated by rapidly growing tech giants (in an index weighted by market capitalization) trades much higher relative to the full index than it did five years ago, or that the energy sector trades much lower.</p>\n<p>But it is worth noting that several sectors still trade lower than usual, relative to the full index, even in a market that has lifted 88% of the S&amp;P 500 this year. These include health care, which is up 20% in 2021, and the financial sector, up 29%.</p>\n<p><b>Wall Street's favorites among the S&amp;P 500</b></p>\n<p>Analysts who work for brokerage firms tend to shy away from negative ratings. Among the S&amp;P 500, there are no companies with majority \"sell\" or equivalent ratings. But the analysts still have clear preferences for some stocks over others. Here are 20 stocks in the benchmark index with at least 75% \"buy\" or equivalent ratings, with the most upside implied for the next year, based on consensus price targets:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Closing price -- Sept. 3</td>\n   <td>Consensus price target</td>\n   <td>Implied 12-month upside potential</td>\n  </tr>\n  <tr>\n   <td>Micron Technology Inc. MU</td>\n   <td>88%</td>\n   <td>$73.81</td>\n   <td>$114.96</td>\n   <td>56%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/FANG\">Diamondback Energy</a> Inc. FANG</td>\n   <td>91%</td>\n   <td>$75.56</td>\n   <td>$113.52</td>\n   <td>50%</td>\n  </tr>\n  <tr>\n   <td>General Motors Co. GM</td>\n   <td>92%</td>\n   <td>$48.82</td>\n   <td>$72.16</td>\n   <td>48%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>. Class A NWSA</td>\n   <td>80%</td>\n   <td>$22.56</td>\n   <td>$32.74</td>\n   <td>45%</td>\n  </tr>\n  <tr>\n   <td>Global Payments Inc. GPN</td>\n   <td>81%</td>\n   <td>$158.01</td>\n   <td>$228.69</td>\n   <td>45%</td>\n  </tr>\n  <tr>\n   <td>Activision Blizzard Inc. ATVI</td>\n   <td>91%</td>\n   <td>$81.18</td>\n   <td>$116.04</td>\n   <td>43%</td>\n  </tr>\n  <tr>\n   <td>Alaska Air Group Inc. ALK</td>\n   <td>93%</td>\n   <td>$57.11</td>\n   <td>$80.00</td>\n   <td>40%</td>\n  </tr>\n  <tr>\n   <td>Pioneer Natural Resources Co. PXD</td>\n   <td>81%</td>\n   <td>$149.88</td>\n   <td>$207.09</td>\n   <td>38%</td>\n  </tr>\n  <tr>\n   <td>Southwest Airlines Co. LUV</td>\n   <td>82%</td>\n   <td>$48.86</td>\n   <td>$66.24</td>\n   <td>36%</td>\n  </tr>\n  <tr>\n   <td>Lamb Weston Holdings Inc. LW</td>\n   <td>78%</td>\n   <td>$63.58</td>\n   <td>$85.43</td>\n   <td>34%</td>\n  </tr>\n  <tr>\n   <td>ConocoPhillips COP</td>\n   <td>97%</td>\n   <td>$56.24</td>\n   <td>$75.52</td>\n   <td>34%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/CNC\">Centene Corp</a>. CNC</td>\n   <td>85%</td>\n   <td>$64.37</td>\n   <td>$85.47</td>\n   <td>33%</td>\n  </tr>\n  <tr>\n   <td>Vertex Pharmaceuticals Inc. VRTX</td>\n   <td>78%</td>\n   <td>$198.05</td>\n   <td>$262.14</td>\n   <td>32%</td>\n  </tr>\n  <tr>\n   <td>FedEx Corp. FDX</td>\n   <td>78%</td>\n   <td>$266.04</td>\n   <td>$349.48</td>\n   <td>31%</td>\n  </tr>\n  <tr>\n   <td>Devon Energy Corp. DVN</td>\n   <td>85%</td>\n   <td>$29.17</td>\n   <td>$38.19</td>\n   <td>31%</td>\n  </tr>\n  <tr>\n   <td>Valero Energy Corp. VLO</td>\n   <td>85%</td>\n   <td>$64.70</td>\n   <td>$84.06</td>\n   <td>30%</td>\n  </tr>\n  <tr>\n   <td>Mastercard Inc. Class A MA</td>\n   <td>84%</td>\n   <td>$340.23</td>\n   <td>$439.16</td>\n   <td>29%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/ZBH\">Zimmer Biomet Holdings Inc</a>. ZBH</td>\n   <td>79%</td>\n   <td>$146.74</td>\n   <td>$187.58</td>\n   <td>28%</td>\n  </tr>\n  <tr>\n   <td>Schlumberger Ltd. SLB</td>\n   <td>79%</td>\n   <td>$28.09</td>\n   <td>$35.56</td>\n   <td>27%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>. TMUS</td>\n   <td>87%</td>\n   <td>$136.00</td>\n   <td>$172.00</td>\n   <td>26%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Click on the tickers for more about each company.</p>\n<p>If you see any stocks of interest, you should do your own research and form your own opinion about how likely a company is to remain competitive over the next decade. Tomi Kilgore has just written a detailed guide to the information available on MarketWatch's quote page. That's a great way to begin digging into any stock.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street sees as much as 56% upside for its 20 favorite stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street sees as much as 56% upside for its 20 favorite stocks\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\">2021-09-07 23:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Stocks favored by analysts include Micron, GM, Activision Blizzard and Southwest Airlines.\n</blockquote>\n<p>As the stock market reopens following Labor Day weekend, there is no shortage of warnings that a correction is due -- which would be a pullback of at least 10% for the benchmark S&amp;P 500 following a gain of 21% so far this year.</p>\n<p>But there still may be catalysts for stock prices as the economy rebounds and interest rates remain low. A list of favorite S&amp;P 500 stocks among Wall Street analysts is below.</p>\n<p>In Monday's Need to Know column, Barbara Kollmeyer cites Matt Maley, chief market strategist at Miller Tabak + Co., who sees parallels between current market conditions and those of 2007, 1999 and 1929 that preceded three crashes.</p>\n<p>Then again, John Buckingham, editor of the Prudent Speculator newsletter, shared this chart, which shows how the market recovered after declines brought about by 20 \"frightening events\" going back to 2010:</p>\n<p>An investor with a crystal ball might time the market perfectly, selling everything at a market top and buying at the bottom. But the human tendency, even for an investor who \"gets out in time,\" is to buy back in too late and miss the rebound. For the vast majority of long-term investors, waiting out a bear market (<a href=\"https://laohu8.com/S/AONE.U\">one</a> with a decline of at least 20%) tends to work out well if one can stay in for three years. If your investment horizon is shorter than that, stocks might not be for you.</p>\n<p>Buckingham's chart, above, shows how well the S&amp;P 500 has performed since the COVID-19 crisis began. But here's another way of illustrating how quickly the market can recover, especially when supported by government stimulus and Federal Reserve policy -- the S&amp;P 500's price movement since the end of 2019:</p>\n<p>From an intraday peak Feb. 10, 2020, through the pandemic trough March 23, 2020, the S&amp;P 500 dropped 35%. It has gained 107% since that bottom. But if you look more closely, you can see significant pullbacks (based on intraday prices) of 11% between Sept. 2, 2020, and Sept. 24, 2020, and 9% between Oct. 10, 2020, and Oct. 30, 2020. Those weren't fun periods for investors, but in hindsight they were blips. Investors fare best when they held on.</p>\n<p><b>Valuations and relative bargains</b></p>\n<p>Federal stimulus and central-bank easy-money policies have made interest rates so low that some investors who would traditionally lean toward bonds and preferred stocks for income turned toward common stocks. So the forward price-to-earnings (P/E) ratio for the S&amp;P 500 is now 21.4, based on consensus estimates among analysts polled by FactSet, compared to a 10-year average valuation of 16.5.</p>\n<p>The 11 sectors of the S&amp;P 500 tend to trade higher or lower than the full index on a P/E basis. Here are the sectors' relative valuations to the full index and how those compare to average valuations:</p>\n<table>\n <tbody>\n  <tr>\n   <td>S&amp;P 500 sector</td>\n   <td>Forward P/E</td>\n   <td>Average forward P/E -- 10 years</td>\n   <td>P/E to full index P/E</td>\n   <td>Average P/E to average full index P/E</td>\n   <td>Relative premium or discount</td>\n  </tr>\n  <tr>\n   <td>Energy</td>\n   <td>13.2</td>\n   <td>15.3</td>\n   <td>62%</td>\n   <td>93%</td>\n   <td>-31%</td>\n  </tr>\n  <tr>\n   <td>Materials</td>\n   <td>17.2</td>\n   <td>15.8</td>\n   <td>80%</td>\n   <td>95%</td>\n   <td>-15%</td>\n  </tr>\n  <tr>\n   <td>Industrials</td>\n   <td>22.5</td>\n   <td>16.7</td>\n   <td>105%</td>\n   <td>101%</td>\n   <td>4%</td>\n  </tr>\n  <tr>\n   <td>Consumer Discretionary</td>\n   <td>31.5</td>\n   <td>22.1</td>\n   <td>148%</td>\n   <td>134%</td>\n   <td>14%</td>\n  </tr>\n  <tr>\n   <td>Consumer Staples</td>\n   <td>20.8</td>\n   <td>18.5</td>\n   <td>97%</td>\n   <td>112%</td>\n   <td>-15%</td>\n  </tr>\n  <tr>\n   <td>Health Care</td>\n   <td>17.7</td>\n   <td>15.5</td>\n   <td>83%</td>\n   <td>94%</td>\n   <td>-11%</td>\n  </tr>\n  <tr>\n   <td>Financials</td>\n   <td>14.4</td>\n   <td>12.2</td>\n   <td>67%</td>\n   <td>74%</td>\n   <td>-7%</td>\n  </tr>\n  <tr>\n   <td>Real Estate</td>\n   <td>23.3</td>\n   <td>18.6</td>\n   <td>109%</td>\n   <td>112%</td>\n   <td>-3%</td>\n  </tr>\n  <tr>\n   <td>Information Technology</td>\n   <td>26.6</td>\n   <td>16.8</td>\n   <td>125%</td>\n   <td>102%</td>\n   <td>23%</td>\n  </tr>\n  <tr>\n   <td>Communication Services</td>\n   <td>22.7</td>\n   <td>18.6</td>\n   <td>106%</td>\n   <td>113%</td>\n   <td>-6%</td>\n  </tr>\n  <tr>\n   <td>Utilities</td>\n   <td>20.0</td>\n   <td>16.7</td>\n   <td>94%</td>\n   <td>101%</td>\n   <td>-7%</td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500</td>\n   <td>21.4</td>\n   <td>16.5</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>It probably isn't a surprise to see that the information technology sector, dominated by rapidly growing tech giants (in an index weighted by market capitalization) trades much higher relative to the full index than it did five years ago, or that the energy sector trades much lower.</p>\n<p>But it is worth noting that several sectors still trade lower than usual, relative to the full index, even in a market that has lifted 88% of the S&amp;P 500 this year. These include health care, which is up 20% in 2021, and the financial sector, up 29%.</p>\n<p><b>Wall Street's favorites among the S&amp;P 500</b></p>\n<p>Analysts who work for brokerage firms tend to shy away from negative ratings. Among the S&amp;P 500, there are no companies with majority \"sell\" or equivalent ratings. But the analysts still have clear preferences for some stocks over others. Here are 20 stocks in the benchmark index with at least 75% \"buy\" or equivalent ratings, with the most upside implied for the next year, based on consensus price targets:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Closing price -- Sept. 3</td>\n   <td>Consensus price target</td>\n   <td>Implied 12-month upside potential</td>\n  </tr>\n  <tr>\n   <td>Micron Technology Inc. MU</td>\n   <td>88%</td>\n   <td>$73.81</td>\n   <td>$114.96</td>\n   <td>56%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/FANG\">Diamondback Energy</a> Inc. FANG</td>\n   <td>91%</td>\n   <td>$75.56</td>\n   <td>$113.52</td>\n   <td>50%</td>\n  </tr>\n  <tr>\n   <td>General Motors Co. GM</td>\n   <td>92%</td>\n   <td>$48.82</td>\n   <td>$72.16</td>\n   <td>48%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>. Class A NWSA</td>\n   <td>80%</td>\n   <td>$22.56</td>\n   <td>$32.74</td>\n   <td>45%</td>\n  </tr>\n  <tr>\n   <td>Global Payments Inc. GPN</td>\n   <td>81%</td>\n   <td>$158.01</td>\n   <td>$228.69</td>\n   <td>45%</td>\n  </tr>\n  <tr>\n   <td>Activision Blizzard Inc. ATVI</td>\n   <td>91%</td>\n   <td>$81.18</td>\n   <td>$116.04</td>\n   <td>43%</td>\n  </tr>\n  <tr>\n   <td>Alaska Air Group Inc. ALK</td>\n   <td>93%</td>\n   <td>$57.11</td>\n   <td>$80.00</td>\n   <td>40%</td>\n  </tr>\n  <tr>\n   <td>Pioneer Natural Resources Co. PXD</td>\n   <td>81%</td>\n   <td>$149.88</td>\n   <td>$207.09</td>\n   <td>38%</td>\n  </tr>\n  <tr>\n   <td>Southwest Airlines Co. LUV</td>\n   <td>82%</td>\n   <td>$48.86</td>\n   <td>$66.24</td>\n   <td>36%</td>\n  </tr>\n  <tr>\n   <td>Lamb Weston Holdings Inc. LW</td>\n   <td>78%</td>\n   <td>$63.58</td>\n   <td>$85.43</td>\n   <td>34%</td>\n  </tr>\n  <tr>\n   <td>ConocoPhillips COP</td>\n   <td>97%</td>\n   <td>$56.24</td>\n   <td>$75.52</td>\n   <td>34%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/CNC\">Centene Corp</a>. CNC</td>\n   <td>85%</td>\n   <td>$64.37</td>\n   <td>$85.47</td>\n   <td>33%</td>\n  </tr>\n  <tr>\n   <td>Vertex Pharmaceuticals Inc. VRTX</td>\n   <td>78%</td>\n   <td>$198.05</td>\n   <td>$262.14</td>\n   <td>32%</td>\n  </tr>\n  <tr>\n   <td>FedEx Corp. FDX</td>\n   <td>78%</td>\n   <td>$266.04</td>\n   <td>$349.48</td>\n   <td>31%</td>\n  </tr>\n  <tr>\n   <td>Devon Energy Corp. DVN</td>\n   <td>85%</td>\n   <td>$29.17</td>\n   <td>$38.19</td>\n   <td>31%</td>\n  </tr>\n  <tr>\n   <td>Valero Energy Corp. VLO</td>\n   <td>85%</td>\n   <td>$64.70</td>\n   <td>$84.06</td>\n   <td>30%</td>\n  </tr>\n  <tr>\n   <td>Mastercard Inc. Class A MA</td>\n   <td>84%</td>\n   <td>$340.23</td>\n   <td>$439.16</td>\n   <td>29%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/ZBH\">Zimmer Biomet Holdings Inc</a>. ZBH</td>\n   <td>79%</td>\n   <td>$146.74</td>\n   <td>$187.58</td>\n   <td>28%</td>\n  </tr>\n  <tr>\n   <td>Schlumberger Ltd. SLB</td>\n   <td>79%</td>\n   <td>$28.09</td>\n   <td>$35.56</td>\n   <td>27%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>. TMUS</td>\n   <td>87%</td>\n   <td>$136.00</td>\n   <td>$172.00</td>\n   <td>26%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Click on the tickers for more about each company.</p>\n<p>If you see any stocks of interest, you should do your own research and form your own opinion about how likely a company is to remain competitive over the next decade. Tomi Kilgore has just written a detailed guide to the information available on MarketWatch's quote page. That's a great way to begin digging into any stock.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","IVV":"标普500指数ETF","CRCT":"Cricut, Inc.","LUV":"西南航空","SLB":"斯伦贝谢","TERN":"Terns Pharmaceuticals, Inc.","SDS":"两倍做空标普500ETF","SSO":"两倍做多标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","GM":"通用汽车","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","ATVI":"动视暴雪","MU":"美光科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165849354","content_text":"Stocks favored by analysts include Micron, GM, Activision Blizzard and Southwest Airlines.\n\nAs the stock market reopens following Labor Day weekend, there is no shortage of warnings that a correction is due -- which would be a pullback of at least 10% for the benchmark S&P 500 following a gain of 21% so far this year.\nBut there still may be catalysts for stock prices as the economy rebounds and interest rates remain low. A list of favorite S&P 500 stocks among Wall Street analysts is below.\nIn Monday's Need to Know column, Barbara Kollmeyer cites Matt Maley, chief market strategist at Miller Tabak + Co., who sees parallels between current market conditions and those of 2007, 1999 and 1929 that preceded three crashes.\nThen again, John Buckingham, editor of the Prudent Speculator newsletter, shared this chart, which shows how the market recovered after declines brought about by 20 \"frightening events\" going back to 2010:\nAn investor with a crystal ball might time the market perfectly, selling everything at a market top and buying at the bottom. But the human tendency, even for an investor who \"gets out in time,\" is to buy back in too late and miss the rebound. For the vast majority of long-term investors, waiting out a bear market (one with a decline of at least 20%) tends to work out well if one can stay in for three years. If your investment horizon is shorter than that, stocks might not be for you.\nBuckingham's chart, above, shows how well the S&P 500 has performed since the COVID-19 crisis began. But here's another way of illustrating how quickly the market can recover, especially when supported by government stimulus and Federal Reserve policy -- the S&P 500's price movement since the end of 2019:\nFrom an intraday peak Feb. 10, 2020, through the pandemic trough March 23, 2020, the S&P 500 dropped 35%. It has gained 107% since that bottom. But if you look more closely, you can see significant pullbacks (based on intraday prices) of 11% between Sept. 2, 2020, and Sept. 24, 2020, and 9% between Oct. 10, 2020, and Oct. 30, 2020. Those weren't fun periods for investors, but in hindsight they were blips. Investors fare best when they held on.\nValuations and relative bargains\nFederal stimulus and central-bank easy-money policies have made interest rates so low that some investors who would traditionally lean toward bonds and preferred stocks for income turned toward common stocks. So the forward price-to-earnings (P/E) ratio for the S&P 500 is now 21.4, based on consensus estimates among analysts polled by FactSet, compared to a 10-year average valuation of 16.5.\nThe 11 sectors of the S&P 500 tend to trade higher or lower than the full index on a P/E basis. Here are the sectors' relative valuations to the full index and how those compare to average valuations:\n\n\n\nS&P 500 sector\nForward P/E\nAverage forward P/E -- 10 years\nP/E to full index P/E\nAverage P/E to average full index P/E\nRelative premium or discount\n\n\nEnergy\n13.2\n15.3\n62%\n93%\n-31%\n\n\nMaterials\n17.2\n15.8\n80%\n95%\n-15%\n\n\nIndustrials\n22.5\n16.7\n105%\n101%\n4%\n\n\nConsumer Discretionary\n31.5\n22.1\n148%\n134%\n14%\n\n\nConsumer Staples\n20.8\n18.5\n97%\n112%\n-15%\n\n\nHealth Care\n17.7\n15.5\n83%\n94%\n-11%\n\n\nFinancials\n14.4\n12.2\n67%\n74%\n-7%\n\n\nReal Estate\n23.3\n18.6\n109%\n112%\n-3%\n\n\nInformation Technology\n26.6\n16.8\n125%\n102%\n23%\n\n\nCommunication Services\n22.7\n18.6\n106%\n113%\n-6%\n\n\nUtilities\n20.0\n16.7\n94%\n101%\n-7%\n\n\nS&P 500\n21.4\n16.5\n\n\n\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\nIt probably isn't a surprise to see that the information technology sector, dominated by rapidly growing tech giants (in an index weighted by market capitalization) trades much higher relative to the full index than it did five years ago, or that the energy sector trades much lower.\nBut it is worth noting that several sectors still trade lower than usual, relative to the full index, even in a market that has lifted 88% of the S&P 500 this year. These include health care, which is up 20% in 2021, and the financial sector, up 29%.\nWall Street's favorites among the S&P 500\nAnalysts who work for brokerage firms tend to shy away from negative ratings. Among the S&P 500, there are no companies with majority \"sell\" or equivalent ratings. But the analysts still have clear preferences for some stocks over others. Here are 20 stocks in the benchmark index with at least 75% \"buy\" or equivalent ratings, with the most upside implied for the next year, based on consensus price targets:\n\n\n\nCompany\nShare \"buy\" ratings\nClosing price -- Sept. 3\nConsensus price target\nImplied 12-month upside potential\n\n\nMicron Technology Inc. MU\n88%\n$73.81\n$114.96\n56%\n\n\nDiamondback Energy Inc. FANG\n91%\n$75.56\n$113.52\n50%\n\n\nGeneral Motors Co. GM\n92%\n$48.82\n$72.16\n48%\n\n\nNews Corp. Class A NWSA\n80%\n$22.56\n$32.74\n45%\n\n\nGlobal Payments Inc. GPN\n81%\n$158.01\n$228.69\n45%\n\n\nActivision Blizzard Inc. ATVI\n91%\n$81.18\n$116.04\n43%\n\n\nAlaska Air Group Inc. ALK\n93%\n$57.11\n$80.00\n40%\n\n\nPioneer Natural Resources Co. PXD\n81%\n$149.88\n$207.09\n38%\n\n\nSouthwest Airlines Co. LUV\n82%\n$48.86\n$66.24\n36%\n\n\nLamb Weston Holdings Inc. LW\n78%\n$63.58\n$85.43\n34%\n\n\nConocoPhillips COP\n97%\n$56.24\n$75.52\n34%\n\n\nCentene Corp. CNC\n85%\n$64.37\n$85.47\n33%\n\n\nVertex Pharmaceuticals Inc. VRTX\n78%\n$198.05\n$262.14\n32%\n\n\nFedEx Corp. FDX\n78%\n$266.04\n$349.48\n31%\n\n\nDevon Energy Corp. DVN\n85%\n$29.17\n$38.19\n31%\n\n\nValero Energy Corp. VLO\n85%\n$64.70\n$84.06\n30%\n\n\nMastercard Inc. Class A MA\n84%\n$340.23\n$439.16\n29%\n\n\nZimmer Biomet Holdings Inc. ZBH\n79%\n$146.74\n$187.58\n28%\n\n\nSchlumberger Ltd. SLB\n79%\n$28.09\n$35.56\n27%\n\n\nT-Mobile US Inc. TMUS\n87%\n$136.00\n$172.00\n26%\n\n\nSource: FactSet\n\n\n\n\n\n\n\nClick on the tickers for more about each company.\nIf you see any stocks of interest, you should do your own research and form your own opinion about how likely a company is to remain competitive over the next decade. Tomi Kilgore has just written a detailed guide to the information available on MarketWatch's quote page. That's a great way to begin digging into any stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817660088,"gmtCreate":1630941901844,"gmtModify":1676530425710,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Please help me like my comment. Thank you","listText":"Please help me like my comment. Thank you","text":"Please help me like my comment. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817660088","repostId":"1138372877","repostType":4,"repost":{"id":"1138372877","pubTimestamp":1630932732,"share":"https://ttm.financial/m/news/1138372877?lang=&edition=fundamental","pubTime":"2021-09-06 20:52","market":"us","language":"en","title":"Jerome Powell's Quest For Economic Stability Is Destabilizing","url":"https://stock-news.laohu8.com/highlight/detail?id=1138372877","media":"zerohedge","summary":"When the chairman of the Federal Reserve Bank speaks the financial markets listen, and this was no d","content":"<p>When the chairman of the Federal Reserve Bank speaks the financial markets listen, and this was no different with Jerome Powell’s virtual address to the annual meeting of central bankers at Jackson Hole, Wyoming. What they got is what Harry Truman complained about when hearing from his economic advisors:<i><b>“On the one hand, ‘this,’ but on the other hand, ‘that’.”</b></i>Truman said that he desperately wanted a one-handed economist.</p>\n<p>After a decade of general economic calm most of the time, with modest to reasonable growth, relatively low price inflation, and, at the beginning of 2020 before the Coronavirus lockdowns, unemployment at its lowest level in half a century,<b>everyone is now worried about what to expect from the Federal Reserve in terms of monetary and interest rate policy in the months and years ahead in the face of all that has been happening for the last year and a half.</b></p>\n<p><b>Whipsaw GDP and Huge Government Expenditures</b></p>\n<p>After a staggering decline in real Gross Domestic Product (GDP) from $19.2 trillion in the fourth quarter of 2019 to $17.2 trillion in the second quarter of 2020, or a 9 percent decrease of real GDP in a matter of a few months, the latest revised estimate by the&nbsp;Bureau of Economic Analysis&nbsp;(BEA) for the second quarter of 2021 is that real GDP reached $19.36 trillion. This was a 12.5 percent increase over its 2020 low, and a level now above its pre-Coronavirus high.</p>\n<p><b>It is worth keeping in mind, however, that all of these numbers are exaggerated in terms of real private sector vibrancy because in 2019, federal government&nbsp;expenditures&nbsp;came to $4.45 trillion, or 23 percent of that $19.2 trillion GDP total.</b>By the end of 2020, due to the relaxing of the federal and state lockdown and shutdown mandates over much of the U.S. economy in the second half of last year, real GDP had recovered to $18.76 trillion, but federal government expenditures came to $6.6 trillion, or 35 percent of that total GDP. And just in the first half of 2021, out of that $19.36 trillion GDP, federal spending has already been $5.86 trillion of that total, or 30.2 percent.</p>\n<p>If government spending is even partly discounted from GDP as a false indicator of the economic “health” of the U.S., since Uncle Sam has nothing to spend other than what it either first taxes away from the private sector or has borrowed from the financial markets, the private economy is far from doing as well as the GDP numbers suggest.</p>\n<p><b>Lagging Unemployment and Rising Price Inflation</b></p>\n<p>After unemployment had reached a low of 3.5 percent of the labor force at the start of 2020, it rose to almost 15 percent in April of last year, due to the government-commanded halt of a huge amount of economic activity. In&nbsp;July 2021, unemployment had declined to 5.4 percent of the labor force; but this still left it almost 55 percent above its low at the beginning of 2020.</p>\n<p><b>After the&nbsp;Consumer Price Index&nbsp;(CPI) mostly fluctuated in a relatively narrow range of between one and two percent, annually, over the last ten years, 2021 has seen the CPI increase to 5.4 percent in July of this year. Certain subgroups, such as energy and used car automotive sectors increased in double digit ranges on an annualized basis.</b></p>\n<p>With unemployment still considered high, with the CPI increasing noticeably above the decade-long annual average, and question marks concerning how GDP will grow for the remainder of this year, given continuing supply-chain disruptions and uncertainties about the impact of variations and new mutations of the Coronavirus, all eyes and ears turned to Jerome Powell’s pronouncements about the future direction of Federal Reserve monetary and interest rate policy.</p>\n<p><b>Powell’s Maybe This, Maybe That, Policy Pronouncement</b></p>\n<p><b>And what he said was that the Federal Reserve Board of Governors has not decided what to do!</b></p>\n<p>On the one hand, the economy is improving so, perhaps, before the end of the year, the Fed will reduce its current&nbsp;monthly purchase&nbsp;of $120 billion worth of assets – $80 billion of U.S. government securities, and $40 billion of mortgage-backed securities. And it may decide that it is time to no longer use its policy tools to keep key interest rates close to zero.</p>\n<p>On the other hand, recent price inflation may only be a transitory spurt due to supply-side problems, so the concern about accelerating price increases may be misplaced. Therefore, it may be premature to reduce asset purchases too quickly and certainly it is necessary to be cautious in any nudging up of interest rates that might cut short the national economic recovery before unemployment has been reduced, once again, to a level closer to standard benchmarks of “full employment.”</p>\n<p>On the one hand, the worst of the Coronavirus may have passed, so there may be no new shutdown hurdles in the way of continuing improvement as reflected in the usual macroeconomic measurements. On the other hand, virus variants may prevent a smooth path to a fully restored and growing economy. So, it may be too soon to really specify when and by how much asset purchases will be reduced or by how much those interest rates will be raised from their current near zero levels.</p>\n<p>The Fed Chairman also said that, on the one hand, the Fed leadership has plenty of experience and policy tools to keep the economy on a sound and even path. On the other hand, such things as the impact of the Coronavirus and the threats facing the world from global warming are unique, making charting the Fed policy course a distinct challenge.</p>\n<p><b>Powell’s Reticence and the Political Business Cycle</b></p>\n<p><b>In other words, Jerome Powell evaded any straightforward policy program, and therefore offered something for almost everyone, in terms of easing fears and concerns that either the policy foot will stay too long where it is on the accelerator or will start putting on the brakes too quickly.</b>Either he is being reticent due to honest doubts about what he thinks is ahead for the economy, or he knows how to play to the audience in the White House and in Congress who will decide whether or not he is appointed for a second term as chairman of the Board of Governors of the Federal Reserve System. After all, you don’t want to seem to be planning any clear policy moves that might threaten the reelection of Senators or Congressmen in the 2022 elections, or antagonize a president who does not want to lose his thin majority in the national legislature.</p>\n<p>That politicians and central bankers are sensitive to the phases of the business cycle as they may impact the political electoral cycle in thinking about their policy decisions and directions has been understood by some economists at least since Johan Akerman’s (1896-1982) analysis of the&nbsp;“Political Economic Cycle”&nbsp;(<i>Kyklos</i>, May 1947), in which he traced out observed changes in those running governments in democratic societies resulting from the phases in the business cycle, and how those in government attempt to manage public policy to maintain their political positions.</p>\n<p>Historically, Akerman said, looking over the period from the mid-19th&nbsp;century to 1945 in countries like Great Britain, the United States, Germany, and Sweden, the result of the analysis could be summarized in the following way: “All general economic depressions in England . . . lead to cabinet crises and a change of the party in power . . . In the United States the presidential elections as a rule involve a change in party control when votes are cast during a depression and a maintenance of the party in office when the votes are cast during periods of prosperity,” in sixteen of the twenty elections between 1865 and 1945.</p>\n<p>Governments, Akerman also pointed out, try “to stabilize financial and economic conditions, and for a brief period may succeed in doing so.” While not pursuing it in his article, the fact is that the underlying circumstances that create “booms” that result in “busts” are usually of the government’s own policy. making. The “good times” monetary and fiscal policies finally create the economic crises that threaten the political policy-makers’ positions in authority. Hence, a government’s frequent demise in the next election when a recession or depression finally occurs. (p. 107)</p>\n<p><b>Interest Rates Should Coordinate Savings and Investment</b></p>\n<p>But this gets to the real essence of the dilemma in Jerome Powell’s statement of Federal Reserve policy and its possible future direction. The underlying presumption is that a central bank can and should be attempting to manage the monetary system and the level of interest rates in the financial markets and, therefore, trying to macro-manage the society as a whole.</p>\n<p>Let us start with interest rates. The role of market prices is to bring into coordinated balance the two sides of demand and supply. Prices do so by effectively informing those needing to know on the supply side what is it that demanders want and the value they place upon it in terms of what they are willing to pay to get it; prices, at the same time, inform demanders what suppliers can and are willing to produce and offer for sale, and at what price reflecting the producer’s opportunity costs of bringing a particular good or service to market. The competitive interaction of those two sides of the market brings about the balance between them.</p>\n<p>The role of interest rates is to do the same for borrowers and lenders. It is the trading of the use of resources across time between those who are interested and willing to defer the more immediate use of resources (expressed in money) in their possession or under their control, in return for a premium in the future from those interested in more immediate uses of those resources beyond their own capacity in exchange for paying such a premium in the future. That premium is the rate of interest, which may vary with the duration of the loan and risk elements in extending it.</p>\n<p>The role of the rate of interest is to coordinate the willingness of savers with the desires of borrowers. Any rate of interest above or below this results in, respectively, an excess of savings over investment demand or an excess of investment demand over available savings.</p>\n<p><b>Manipulating Interests Rates Distorts Markets</b></p>\n<p>The crucial difference between a price, say, for hats that is set below the market-clearing, or coordinating, level is that a shortage results with some willing buyers leaving the market empty-handed; but when the Federal Reserve, or any central bank, wishes to manipulate interest rates below the market coordinating level, it fills the gap with newly created money with which loans may be extended in excess of actual savings in the economy.</p>\n<p>This not only results in an increase in the number of units of the medium of exchange through which buyers can express their greater demand for desired goods and services, tending, in general, to place upward pressure on overall market prices. It also influences the structure of relative prices and wages, since increases in the supply of money can only enter the economy through the increased demand for the particular goods, resources, and services those borrowers of that new money wish to purchase and use. But the money is then passed to another group of hands; that is, those who have sold those goods, resources and services to the borrowers. This second group, in turn, spends the new money that they have received from sales on other goods, resources and services for which they wish to increase their demand.</p>\n<p>Step-by-step, in a patterned sequence through time, the newly created money increases the demands and the prices of one set of goods and services, and then another, and then another, until, finally, in principle, all prices for finished goods and the factors of production will have been impacted to one degree or another, at different times in the sequence, with changes in relative profit margins and employment opportunities for as long as the monetary inflationary process continues.</p>\n<p>This also means that whenever the monetary expansion stops or slows down, or even, perhaps, fails to accelerate, the resulting patterned use of labor, resources, and capital equipment brought into existence due to the way the money has entered into the economy and is being spent, period-after-period, begins to fall apart. This precipitates a readjustment process during which it is discovered that labor, capital and resources have been directed into allocated and applied for uses that are unsustainable once the inflationary process comes to an end.</p>\n<p><b>The Fed’s Monetary Expansion and Bank Reserve Tricks</b></p>\n<p>For over ten years, since the financial and housing crisis of 2008-2009, the Federal Reserve has been dramatically expanding the money supply. In January 2008, the&nbsp;Monetary Base&nbsp;(loanable reserves in the banking system plus currency in general circulation) equaled $837 billion; by August 2014, the Monetary Base had been expanded to over $4 trillion. In February 2020, just before the Coronavirus crisis impacted the U.S. in terms of the government mandated lockdowns and shutdowns, it still was historically high at $3.45 trillion; but by July 2021, the Monetary Base stood at $6.13 trillion, or a nearly 78 percent increase just in the last year and a half.</p>\n<p><b>Why has there not been the expected general price inflation from such a huge increase in the money supply through the banking system? Because the Federal Reserve has been paying banks not to fully lend the loanable reserves at their disposal.</b>As a result, as of&nbsp;July 2021, banks were holding “excess reserves,” (that is, reserves above the minimum Federal Reserve rules require banks to hold against possible cash withdrawals by their depositors), of around $3.9 trillion, upon which the Federal Reserve&nbsp;pays&nbsp;those banks an interest rate of 0.15 percent. In other words, 63 percent of the Monetary Base is being held off the active loan market.</p>\n<p>Given that real GDP in the United States has increased by over 25 percent since 2010, and the velocity of circulation of money (number of times money turns over in transactions per period of time), has decreased by almost 40 percent over the last ten years or so, it is not too surprising that prices in general have not been rising more, or more rapidly, given these countervailing factors, plus the Federal Reserve’s “trick” of paying banks to not lend all the huge amount of bank reserves their open market operations have created during the past decade.</p>\n<p><b>Markets Still Distorted, Even with Low Price Inflation</b></p>\n<p>It is nonetheless the case, that through its continuing large purchases of U.S. treasuries and mortgage-backed securities, market interest rates have been artificially pushed significantly below any rates of interest that would prevail on financial markets not manipulated in this manner.</p>\n<p><b>It is not unreasonable to ask what informational role market interest rates have been even playing about the real underlying savings and investment borrowing relationship in the economy in such a setting. Federal Reserve monetary and interest rate policy has undermined any reasonably accurate intertemporal price to coordinate saving with borrowing.</b></p>\n<p>Another way of saying this is that the Federal Reserve’s monetary central planning has virtually abolished a market-based pricing system for the allocation and use of resources across time. How can anyone easily know what real savings is available to fund investment and other loan uses in a way that is not throwing the economy out of serious balance?</p>\n<p>In the name of trying to steer the economic “ship” to assure growing GDP, moderate price inflation, and “full employment” of the labor force, Jerome Powell and his fellow Fed Board members are, in fact, setting the stage for an eventual economic downturn by distorting a series of interconnected “microeconomic” relationships in the name of “macroeconomic” stability.</p>\n<p>When the Fed chairman cautiously suggests that the American central bankers are not sure what they are going to do, it is because they cannot do what they say they want to do.<b>By trying to pursue their declared goals through the monetary and interest rate policy tools at their disposal, they are, in fact, continuing to imbalance and wrongly “twist” the real economy in ways that will result in the instability, and the eventual recession and likely price inflation they say they wish to prevent.</b></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>Jerome Powell's Quest For Economic Stability Is Destabilizing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJerome Powell's Quest For Economic Stability Is Destabilizing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 20:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/jerome-powells-quest-economic-stability-destabilizing><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When the chairman of the Federal Reserve Bank speaks the financial markets listen, and this was no different with Jerome Powell’s virtual address to the annual meeting of central bankers at Jackson ...</p>\n\n<a href=\"https://www.zerohedge.com/economics/jerome-powells-quest-economic-stability-destabilizing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/economics/jerome-powells-quest-economic-stability-destabilizing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138372877","content_text":"When the chairman of the Federal Reserve Bank speaks the financial markets listen, and this was no different with Jerome Powell’s virtual address to the annual meeting of central bankers at Jackson Hole, Wyoming. What they got is what Harry Truman complained about when hearing from his economic advisors:“On the one hand, ‘this,’ but on the other hand, ‘that’.”Truman said that he desperately wanted a one-handed economist.\nAfter a decade of general economic calm most of the time, with modest to reasonable growth, relatively low price inflation, and, at the beginning of 2020 before the Coronavirus lockdowns, unemployment at its lowest level in half a century,everyone is now worried about what to expect from the Federal Reserve in terms of monetary and interest rate policy in the months and years ahead in the face of all that has been happening for the last year and a half.\nWhipsaw GDP and Huge Government Expenditures\nAfter a staggering decline in real Gross Domestic Product (GDP) from $19.2 trillion in the fourth quarter of 2019 to $17.2 trillion in the second quarter of 2020, or a 9 percent decrease of real GDP in a matter of a few months, the latest revised estimate by the Bureau of Economic Analysis (BEA) for the second quarter of 2021 is that real GDP reached $19.36 trillion. This was a 12.5 percent increase over its 2020 low, and a level now above its pre-Coronavirus high.\nIt is worth keeping in mind, however, that all of these numbers are exaggerated in terms of real private sector vibrancy because in 2019, federal government expenditures came to $4.45 trillion, or 23 percent of that $19.2 trillion GDP total.By the end of 2020, due to the relaxing of the federal and state lockdown and shutdown mandates over much of the U.S. economy in the second half of last year, real GDP had recovered to $18.76 trillion, but federal government expenditures came to $6.6 trillion, or 35 percent of that total GDP. And just in the first half of 2021, out of that $19.36 trillion GDP, federal spending has already been $5.86 trillion of that total, or 30.2 percent.\nIf government spending is even partly discounted from GDP as a false indicator of the economic “health” of the U.S., since Uncle Sam has nothing to spend other than what it either first taxes away from the private sector or has borrowed from the financial markets, the private economy is far from doing as well as the GDP numbers suggest.\nLagging Unemployment and Rising Price Inflation\nAfter unemployment had reached a low of 3.5 percent of the labor force at the start of 2020, it rose to almost 15 percent in April of last year, due to the government-commanded halt of a huge amount of economic activity. In July 2021, unemployment had declined to 5.4 percent of the labor force; but this still left it almost 55 percent above its low at the beginning of 2020.\nAfter the Consumer Price Index (CPI) mostly fluctuated in a relatively narrow range of between one and two percent, annually, over the last ten years, 2021 has seen the CPI increase to 5.4 percent in July of this year. Certain subgroups, such as energy and used car automotive sectors increased in double digit ranges on an annualized basis.\nWith unemployment still considered high, with the CPI increasing noticeably above the decade-long annual average, and question marks concerning how GDP will grow for the remainder of this year, given continuing supply-chain disruptions and uncertainties about the impact of variations and new mutations of the Coronavirus, all eyes and ears turned to Jerome Powell’s pronouncements about the future direction of Federal Reserve monetary and interest rate policy.\nPowell’s Maybe This, Maybe That, Policy Pronouncement\nAnd what he said was that the Federal Reserve Board of Governors has not decided what to do!\nOn the one hand, the economy is improving so, perhaps, before the end of the year, the Fed will reduce its current monthly purchase of $120 billion worth of assets – $80 billion of U.S. government securities, and $40 billion of mortgage-backed securities. And it may decide that it is time to no longer use its policy tools to keep key interest rates close to zero.\nOn the other hand, recent price inflation may only be a transitory spurt due to supply-side problems, so the concern about accelerating price increases may be misplaced. Therefore, it may be premature to reduce asset purchases too quickly and certainly it is necessary to be cautious in any nudging up of interest rates that might cut short the national economic recovery before unemployment has been reduced, once again, to a level closer to standard benchmarks of “full employment.”\nOn the one hand, the worst of the Coronavirus may have passed, so there may be no new shutdown hurdles in the way of continuing improvement as reflected in the usual macroeconomic measurements. On the other hand, virus variants may prevent a smooth path to a fully restored and growing economy. So, it may be too soon to really specify when and by how much asset purchases will be reduced or by how much those interest rates will be raised from their current near zero levels.\nThe Fed Chairman also said that, on the one hand, the Fed leadership has plenty of experience and policy tools to keep the economy on a sound and even path. On the other hand, such things as the impact of the Coronavirus and the threats facing the world from global warming are unique, making charting the Fed policy course a distinct challenge.\nPowell’s Reticence and the Political Business Cycle\nIn other words, Jerome Powell evaded any straightforward policy program, and therefore offered something for almost everyone, in terms of easing fears and concerns that either the policy foot will stay too long where it is on the accelerator or will start putting on the brakes too quickly.Either he is being reticent due to honest doubts about what he thinks is ahead for the economy, or he knows how to play to the audience in the White House and in Congress who will decide whether or not he is appointed for a second term as chairman of the Board of Governors of the Federal Reserve System. After all, you don’t want to seem to be planning any clear policy moves that might threaten the reelection of Senators or Congressmen in the 2022 elections, or antagonize a president who does not want to lose his thin majority in the national legislature.\nThat politicians and central bankers are sensitive to the phases of the business cycle as they may impact the political electoral cycle in thinking about their policy decisions and directions has been understood by some economists at least since Johan Akerman’s (1896-1982) analysis of the “Political Economic Cycle” (Kyklos, May 1947), in which he traced out observed changes in those running governments in democratic societies resulting from the phases in the business cycle, and how those in government attempt to manage public policy to maintain their political positions.\nHistorically, Akerman said, looking over the period from the mid-19th century to 1945 in countries like Great Britain, the United States, Germany, and Sweden, the result of the analysis could be summarized in the following way: “All general economic depressions in England . . . lead to cabinet crises and a change of the party in power . . . In the United States the presidential elections as a rule involve a change in party control when votes are cast during a depression and a maintenance of the party in office when the votes are cast during periods of prosperity,” in sixteen of the twenty elections between 1865 and 1945.\nGovernments, Akerman also pointed out, try “to stabilize financial and economic conditions, and for a brief period may succeed in doing so.” While not pursuing it in his article, the fact is that the underlying circumstances that create “booms” that result in “busts” are usually of the government’s own policy. making. The “good times” monetary and fiscal policies finally create the economic crises that threaten the political policy-makers’ positions in authority. Hence, a government’s frequent demise in the next election when a recession or depression finally occurs. (p. 107)\nInterest Rates Should Coordinate Savings and Investment\nBut this gets to the real essence of the dilemma in Jerome Powell’s statement of Federal Reserve policy and its possible future direction. The underlying presumption is that a central bank can and should be attempting to manage the monetary system and the level of interest rates in the financial markets and, therefore, trying to macro-manage the society as a whole.\nLet us start with interest rates. The role of market prices is to bring into coordinated balance the two sides of demand and supply. Prices do so by effectively informing those needing to know on the supply side what is it that demanders want and the value they place upon it in terms of what they are willing to pay to get it; prices, at the same time, inform demanders what suppliers can and are willing to produce and offer for sale, and at what price reflecting the producer’s opportunity costs of bringing a particular good or service to market. The competitive interaction of those two sides of the market brings about the balance between them.\nThe role of interest rates is to do the same for borrowers and lenders. It is the trading of the use of resources across time between those who are interested and willing to defer the more immediate use of resources (expressed in money) in their possession or under their control, in return for a premium in the future from those interested in more immediate uses of those resources beyond their own capacity in exchange for paying such a premium in the future. That premium is the rate of interest, which may vary with the duration of the loan and risk elements in extending it.\nThe role of the rate of interest is to coordinate the willingness of savers with the desires of borrowers. Any rate of interest above or below this results in, respectively, an excess of savings over investment demand or an excess of investment demand over available savings.\nManipulating Interests Rates Distorts Markets\nThe crucial difference between a price, say, for hats that is set below the market-clearing, or coordinating, level is that a shortage results with some willing buyers leaving the market empty-handed; but when the Federal Reserve, or any central bank, wishes to manipulate interest rates below the market coordinating level, it fills the gap with newly created money with which loans may be extended in excess of actual savings in the economy.\nThis not only results in an increase in the number of units of the medium of exchange through which buyers can express their greater demand for desired goods and services, tending, in general, to place upward pressure on overall market prices. It also influences the structure of relative prices and wages, since increases in the supply of money can only enter the economy through the increased demand for the particular goods, resources, and services those borrowers of that new money wish to purchase and use. But the money is then passed to another group of hands; that is, those who have sold those goods, resources and services to the borrowers. This second group, in turn, spends the new money that they have received from sales on other goods, resources and services for which they wish to increase their demand.\nStep-by-step, in a patterned sequence through time, the newly created money increases the demands and the prices of one set of goods and services, and then another, and then another, until, finally, in principle, all prices for finished goods and the factors of production will have been impacted to one degree or another, at different times in the sequence, with changes in relative profit margins and employment opportunities for as long as the monetary inflationary process continues.\nThis also means that whenever the monetary expansion stops or slows down, or even, perhaps, fails to accelerate, the resulting patterned use of labor, resources, and capital equipment brought into existence due to the way the money has entered into the economy and is being spent, period-after-period, begins to fall apart. This precipitates a readjustment process during which it is discovered that labor, capital and resources have been directed into allocated and applied for uses that are unsustainable once the inflationary process comes to an end.\nThe Fed’s Monetary Expansion and Bank Reserve Tricks\nFor over ten years, since the financial and housing crisis of 2008-2009, the Federal Reserve has been dramatically expanding the money supply. In January 2008, the Monetary Base (loanable reserves in the banking system plus currency in general circulation) equaled $837 billion; by August 2014, the Monetary Base had been expanded to over $4 trillion. In February 2020, just before the Coronavirus crisis impacted the U.S. in terms of the government mandated lockdowns and shutdowns, it still was historically high at $3.45 trillion; but by July 2021, the Monetary Base stood at $6.13 trillion, or a nearly 78 percent increase just in the last year and a half.\nWhy has there not been the expected general price inflation from such a huge increase in the money supply through the banking system? Because the Federal Reserve has been paying banks not to fully lend the loanable reserves at their disposal.As a result, as of July 2021, banks were holding “excess reserves,” (that is, reserves above the minimum Federal Reserve rules require banks to hold against possible cash withdrawals by their depositors), of around $3.9 trillion, upon which the Federal Reserve pays those banks an interest rate of 0.15 percent. In other words, 63 percent of the Monetary Base is being held off the active loan market.\nGiven that real GDP in the United States has increased by over 25 percent since 2010, and the velocity of circulation of money (number of times money turns over in transactions per period of time), has decreased by almost 40 percent over the last ten years or so, it is not too surprising that prices in general have not been rising more, or more rapidly, given these countervailing factors, plus the Federal Reserve’s “trick” of paying banks to not lend all the huge amount of bank reserves their open market operations have created during the past decade.\nMarkets Still Distorted, Even with Low Price Inflation\nIt is nonetheless the case, that through its continuing large purchases of U.S. treasuries and mortgage-backed securities, market interest rates have been artificially pushed significantly below any rates of interest that would prevail on financial markets not manipulated in this manner.\nIt is not unreasonable to ask what informational role market interest rates have been even playing about the real underlying savings and investment borrowing relationship in the economy in such a setting. Federal Reserve monetary and interest rate policy has undermined any reasonably accurate intertemporal price to coordinate saving with borrowing.\nAnother way of saying this is that the Federal Reserve’s monetary central planning has virtually abolished a market-based pricing system for the allocation and use of resources across time. How can anyone easily know what real savings is available to fund investment and other loan uses in a way that is not throwing the economy out of serious balance?\nIn the name of trying to steer the economic “ship” to assure growing GDP, moderate price inflation, and “full employment” of the labor force, Jerome Powell and his fellow Fed Board members are, in fact, setting the stage for an eventual economic downturn by distorting a series of interconnected “microeconomic” relationships in the name of “macroeconomic” stability.\nWhen the Fed chairman cautiously suggests that the American central bankers are not sure what they are going to do, it is because they cannot do what they say they want to do.By trying to pursue their declared goals through the monetary and interest rate policy tools at their disposal, they are, in fact, continuing to imbalance and wrongly “twist” the real economy in ways that will result in the instability, and the eventual recession and likely price inflation they say they wish to prevent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812946611,"gmtCreate":1630548884233,"gmtModify":1676530337218,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Please kindly give me 1 like. Thank you","listText":"Please kindly give me 1 like. Thank you","text":"Please kindly give me 1 like. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812946611","repostId":"1182102030","repostType":4,"repost":{"id":"1182102030","pubTimestamp":1630546093,"share":"https://ttm.financial/m/news/1182102030?lang=&edition=fundamental","pubTime":"2021-09-02 09:28","market":"us","language":"en","title":"Stocks Steady as Traders Gauge Economic Recovery: Markets Wrap","url":"https://stock-news.laohu8.com/highlight/detail?id=1182102030","media":"Bloomberg","summary":"Nasdaq 100 rose in defensive tilt to U.S. rally; dollar lower.\nTreasury yields little changed; China","content":"<ul>\n <li>Nasdaq 100 rose in defensive tilt to U.S. rally; dollar lower.</li>\n <li>Treasury yields little changed; China tech shares advanced.</li>\n</ul>\n<p>Asian stocks were steady Thursday after U.S. technology shares climbed in a defensive tilt to the Wall Street rally, and as traders await employment data to assess when the Federal Reserve may pare stimulus.</p>\n<p>Equities wavered in Japan and dipped in South Korea and Australia. U.S. equity futures fluctuated, following a record close in the Nasdaq 100 and little change in the S&amp;P 500. Economic data suggested a slower U.S. labor market recovery.</p>\n<p>Benchmark U.S. 10-year Treasury yields held around 1.30%. The U.S. payrolls report Friday will offer clues on the economic outlook and a possible timeline for a reduction in the Fed’s $120 billion of monthly bond purchases. A gauge of the dollar held a decline.</p>\n<p>Chinese technology stocks listed in the U.S. extended their rebound on bets that the worst of Beijing’s regulatory crackdown may be over. Separately, China’s central bank willprovide300 billion yuan ($46.4 billion) of low-cost funding to support small- and medium-sized firms. Officials recently signaled plans to selectively loosen monetary policy to cushion the economy.</p>\n<p><img src=\"https://static.tigerbbs.com/5c14a0679ce448ed8d4a5c63106e991d\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\">Investors are trying to assess when the delta variant virus outbreak might peak as well as the implications of reduced central bank policy support in the months ahead. Global stocks are near record levels and gauges of implied financial market volatility are declining, suggesting many remain optimistic that the reopening from the health crisis will weather challenges.</p>\n<p>“The market is fading Covid more as a risk in terms of really hampering economic activity,” Tracie McMillion, head of global asset allocation strategy at Wells Fargo Investment Institute, said on Bloomberg Television. “We think the Fed is going to stick with their word and they will start tapering later this year. But we don’t think they are going to be in any hurry to raise interest rates.”</p>\n<p>One of the key questions is the likely outlook for the Treasury market. Famed investor Bill Grosssaid10-year yields “have nowhere to go but up” and are set to reach 2% over the next year. The yield has scope to hit 1.90% in coming months, according to JPMorgan Chase &amp; Co. technical strategist Jason Hunter.</p>\n<p>The latest ADP Research Institute data showed U.S. companies addedfewer jobsthan expected in August. Manufacturing expanded at a stronger-than-estimated pace but faced supply snarls andlabor constraints.</p>\n<p>Meanwhile, Google parentAlphabet Inc.edged down in extended trading on the risk of a secondantitrustlawsuit. Oil slipped in the wake of a relatively harmonious OPEC+ decision to gradually raise supply and a bullish U.S. oil inventory report.</p>\n<p><b>Here are some key events to watch this week:</b></p>\n<ul>\n <li>U.S. factory orders, durable goods, trade balance, initial jobless claims Thursday</li>\n <li>U.S. jobs report Friday</li>\n</ul>\n<p><b>Some of the main moves in markets:</b></p>\n<p><b>Stocks</b></p>\n<ul>\n <li>S&amp;P 500 futures were steady as of 9:22 a.m. in Tokyo. The S&amp;P 500 was little changed</li>\n <li>Nasdaq 100 futures climbed 0.1%. The Nasdaq 100 rose 0.2%</li>\n <li>Japan’s Topix index was flat</li>\n <li>Australia’s S&amp;P/ASX 200 retreated 0.5%</li>\n <li>South Korea’s Kospi lost 0.3%</li>\n</ul>\n<p><b>Currencies</b></p>\n<ul>\n <li>The Bloomberg Dollar Spot Index was steady</li>\n <li>The euro was at $1.1844</li>\n <li>The offshore yuan was at 6.4521 per dollar</li>\n <li>The Japanese yen was at 110.05 per dollar</li>\n</ul>\n<p><b>Bonds</b></p>\n<ul>\n <li>The yield on 10-year Treasuries rose about one basis point to 1.30%</li>\n <li>Australia’s 10-year yield fell three basis points to 1.21%</li>\n</ul>\n<p><b>Commodities</b></p>\n<ul>\n <li>West Texas Intermediate crude fell 0.6% to $68.20 a barrel</li>\n <li>Gold was at $1,815.01 an ounce</li>\n</ul>","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>Stocks Steady as Traders Gauge Economic Recovery: Markets Wrap</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\">\nStocks Steady as Traders Gauge Economic Recovery: Markets Wrap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 09:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-01/asian-stocks-eye-steady-open-after-u-s-tech-gains-markets-wrap><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nasdaq 100 rose in defensive tilt to U.S. rally; dollar lower.\nTreasury yields little changed; China tech shares advanced.\n\nAsian stocks were steady Thursday after U.S. technology shares climbed in a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-01/asian-stocks-eye-steady-open-after-u-s-tech-gains-markets-wrap\">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/2021-09-01/asian-stocks-eye-steady-open-after-u-s-tech-gains-markets-wrap","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182102030","content_text":"Nasdaq 100 rose in defensive tilt to U.S. rally; dollar lower.\nTreasury yields little changed; China tech shares advanced.\n\nAsian stocks were steady Thursday after U.S. technology shares climbed in a defensive tilt to the Wall Street rally, and as traders await employment data to assess when the Federal Reserve may pare stimulus.\nEquities wavered in Japan and dipped in South Korea and Australia. U.S. equity futures fluctuated, following a record close in the Nasdaq 100 and little change in the S&P 500. Economic data suggested a slower U.S. labor market recovery.\nBenchmark U.S. 10-year Treasury yields held around 1.30%. The U.S. payrolls report Friday will offer clues on the economic outlook and a possible timeline for a reduction in the Fed’s $120 billion of monthly bond purchases. A gauge of the dollar held a decline.\nChinese technology stocks listed in the U.S. extended their rebound on bets that the worst of Beijing’s regulatory crackdown may be over. Separately, China’s central bank willprovide300 billion yuan ($46.4 billion) of low-cost funding to support small- and medium-sized firms. Officials recently signaled plans to selectively loosen monetary policy to cushion the economy.\nInvestors are trying to assess when the delta variant virus outbreak might peak as well as the implications of reduced central bank policy support in the months ahead. Global stocks are near record levels and gauges of implied financial market volatility are declining, suggesting many remain optimistic that the reopening from the health crisis will weather challenges.\n“The market is fading Covid more as a risk in terms of really hampering economic activity,” Tracie McMillion, head of global asset allocation strategy at Wells Fargo Investment Institute, said on Bloomberg Television. “We think the Fed is going to stick with their word and they will start tapering later this year. But we don’t think they are going to be in any hurry to raise interest rates.”\nOne of the key questions is the likely outlook for the Treasury market. Famed investor Bill Grosssaid10-year yields “have nowhere to go but up” and are set to reach 2% over the next year. The yield has scope to hit 1.90% in coming months, according to JPMorgan Chase & Co. technical strategist Jason Hunter.\nThe latest ADP Research Institute data showed U.S. companies addedfewer jobsthan expected in August. Manufacturing expanded at a stronger-than-estimated pace but faced supply snarls andlabor constraints.\nMeanwhile, Google parentAlphabet Inc.edged down in extended trading on the risk of a secondantitrustlawsuit. Oil slipped in the wake of a relatively harmonious OPEC+ decision to gradually raise supply and a bullish U.S. oil inventory report.\nHere are some key events to watch this week:\n\nU.S. factory orders, durable goods, trade balance, initial jobless claims Thursday\nU.S. jobs report Friday\n\nSome of the main moves in markets:\nStocks\n\nS&P 500 futures were steady as of 9:22 a.m. in Tokyo. The S&P 500 was little changed\nNasdaq 100 futures climbed 0.1%. The Nasdaq 100 rose 0.2%\nJapan’s Topix index was flat\nAustralia’s S&P/ASX 200 retreated 0.5%\nSouth Korea’s Kospi lost 0.3%\n\nCurrencies\n\nThe Bloomberg Dollar Spot Index was steady\nThe euro was at $1.1844\nThe offshore yuan was at 6.4521 per dollar\nThe Japanese yen was at 110.05 per dollar\n\nBonds\n\nThe yield on 10-year Treasuries rose about one basis point to 1.30%\nAustralia’s 10-year yield fell three basis points to 1.21%\n\nCommodities\n\nWest Texas Intermediate crude fell 0.6% to $68.20 a barrel\nGold was at $1,815.01 an ounce","news_type":1},"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811232163,"gmtCreate":1630325578652,"gmtModify":1676530268874,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Give me 1 like pls. Thank you","listText":"Give me 1 like pls. Thank you","text":"Give me 1 like pls. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/811232163","repostId":"2163853228","repostType":4,"repost":{"id":"2163853228","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":1630324201,"share":"https://ttm.financial/m/news/2163853228?lang=&edition=fundamental","pubTime":"2021-08-30 19:50","market":"sh","language":"en","title":"China market regulator says it will tighten oversight of sharing economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2163853228","media":"Reuters","summary":"BEIJING, Aug 30 (Reuters) - China's State Administration of Market Regulation $(SAMR.SI)$ said on Mo","content":"<p>BEIJING, Aug 30 (Reuters) - China's State Administration of Market Regulation <a href=\"https://laohu8.com/S/SAMR.SI\">$(SAMR.SI)$</a> said on Monday it would further regulate the sharing economy sector.</p>\n<p>SAMR said on its website that price hikes in the system built around the sharing of resources were effectively contained due to its oversight.</p>\n<p>The regulator also said it is investigating food delivery giant Meituan's&nbsp;acquisition of bike sharing company Mobike in 2018.</p>\n<p>Separately, Meituan on Monday warned in a filing that it may be required to pay \"a significant amount\" of antitrust fines and posted a third consecutive quarterly loss as it continued to invest in expanding its various businesses.</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>China market regulator says it will tighten oversight of sharing economy</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\">\nChina market regulator says it will tighten oversight of sharing economy\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\">2021-08-30 19:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, Aug 30 (Reuters) - China's State Administration of Market Regulation <a href=\"https://laohu8.com/S/SAMR.SI\">$(SAMR.SI)$</a> said on Monday it would further regulate the sharing economy sector.</p>\n<p>SAMR said on its website that price hikes in the system built around the sharing of resources were effectively contained due to its oversight.</p>\n<p>The regulator also said it is investigating food delivery giant Meituan's&nbsp;acquisition of bike sharing company Mobike in 2018.</p>\n<p>Separately, Meituan on Monday warned in a filing that it may be required to pay \"a significant amount\" of antitrust fines and posted a third consecutive quarterly loss as it continued to invest in expanding its various businesses.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MPNGY":"美团ADR","03690":"美团-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163853228","content_text":"BEIJING, Aug 30 (Reuters) - China's State Administration of Market Regulation $(SAMR.SI)$ said on Monday it would further regulate the sharing economy sector.\nSAMR said on its website that price hikes in the system built around the sharing of resources were effectively contained due to its oversight.\nThe regulator also said it is investigating food delivery giant Meituan's acquisition of bike sharing company Mobike in 2018.\nSeparately, Meituan on Monday warned in a filing that it may be required to pay \"a significant amount\" of antitrust fines and posted a third consecutive quarterly loss as it continued to invest in expanding its various businesses.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813816055,"gmtCreate":1630168278977,"gmtModify":1676530237524,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Can anyone help me to like my comment? Thank you!","listText":"Can anyone help me to like my comment? Thank you!","text":"Can anyone help me to like my comment? Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813816055","repostId":"1123342356","repostType":4,"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810459397,"gmtCreate":1629994935919,"gmtModify":1676530196702,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"&nbsp;help me like my comment. Thank you very much","listText":"&nbsp;help me like my comment. Thank you very much","text":"help me like my comment. Thank you very much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810459397","repostId":"1139424376","repostType":4,"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832955749,"gmtCreate":1629568113481,"gmtModify":1676530071504,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Please help me to like my comment. Thank you very much!&nbsp;","listText":"Please help me to like my comment. Thank you very much!&nbsp;","text":"Please help me to like my comment. Thank you very much!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/832955749","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","pubTimestamp":1629728324,"share":"https://ttm.financial/m/news/1151608193?lang=&edition=fundamental","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</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\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page\">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","TSM":"台积电","GOOG":"谷歌","ON":"安森美半导体","CDNS":"铿腾电子","AMZN":"亚马逊","GOOGL":"谷歌A","SOXX":"iShares费城交易所半导体ETF","ASML":"阿斯麦","AAPL":"苹果","QCOM":"高通","SSNLF":"三星电子","SNPS":"新思科技"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836686456,"gmtCreate":1629476130775,"gmtModify":1676530055285,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Can help to like my comment pls? Appreciate it. Thank you.","listText":"Can help to like my comment pls? Appreciate it. Thank you.","text":"Can help to like my comment pls? Appreciate it. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/836686456","repostId":"2160105657","repostType":4,"repost":{"id":"2160105657","pubTimestamp":1629471000,"share":"https://ttm.financial/m/news/2160105657?lang=&edition=fundamental","pubTime":"2021-08-20 22:50","market":"us","language":"en","title":"Why Azul Stock Is Down This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2160105657","media":"Motley Fool","summary":"The airline can't gain altitude as long as the pandemic is out of control.","content":"<h2>What happened</h2>\n<p>Shares of Brazilian airline <b><a href=\"https://laohu8.com/S/AZUL\">Azul S.A.</a></b> (NYSE:&nbsp;AZUL) got caught up in a wave of pessimism surrounding its home country's handling of the pandemic, with the stock down nearly 9% for the week as of Friday morning trading.</p>\n<h2>So what</h2>\n<p>Airline stocks, and Latin American airlines in particular, were hit hard by COVID-19, but Azul has proven itself to be one of the healthiest in the region. The company is attempting to move on from the pandemic, plotting a bid for the Brazilian operations of bankrupt&nbsp;<b>LATAM Airlines Group</b>.</p>\n<p><img src=\"https://static.tigerbbs.com/96fe9132c7ac75b725cb49903f9f64af\" tg-width=\"700\" tg-height=\"525\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<p>But the upside for even the best-run airlines is limited as long as the pandemic is running rampant, and Brazil continues to struggle with COVID-19. The country recorded 36,000 new cases and nearly 1,000 deaths in one 24-hour period this week, and Brazil's president is a vaccine skeptic.</p>\n<p>The lack of a quick recovery in Brazil arguably gives Azul a leg up in its effort to buy the LATAM assets, as the bankrupt company will find it harder to come up with a competing restructuring plan without clear signs of revenue growth in the region. But Azul's core business is likely to struggle if travel demand takes a hit. That risk that is driving investors to the sidelines.</p>\n<h2>Now what</h2>\n<p>Azul shares remain in a holding pattern. The stock has nearly doubled off of its early pandemic low, but is still down significantly compared to where it traded prior to the health crisis.</p>\n<p><img src=\"https://static.tigerbbs.com/bb2fc1f4e2268e3cfc0b3aaa1c497140\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>AZUL data by YCharts.</p>\n<p>There is real promise in this business, and Azul has the balance sheet to fly through this turbulence. But after a number of false starts it is now apparent the stock is not going to be able to gain altitude as quickly as investors had hoped. With the pandemic still a major issue throughout Latin America, we could be well into 2022 before there is a real turnaround.</p>\n<p>For those who can ride out this rough patch, Azul looks like one of the better investment opportunities in international aviation. Just be advised that the headwinds the airline currently faces are not likely to subside 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>Why Azul Stock Is Down This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Azul Stock Is Down This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 22:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/20/why-azul-stock-is-down-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of Brazilian airline Azul S.A. (NYSE: AZUL) got caught up in a wave of pessimism surrounding its home country's handling of the pandemic, with the stock down nearly 9% for the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/20/why-azul-stock-is-down-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AZUL":"Azul S.A."},"source_url":"https://www.fool.com/investing/2021/08/20/why-azul-stock-is-down-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160105657","content_text":"What happened\nShares of Brazilian airline Azul S.A. (NYSE: AZUL) got caught up in a wave of pessimism surrounding its home country's handling of the pandemic, with the stock down nearly 9% for the week as of Friday morning trading.\nSo what\nAirline stocks, and Latin American airlines in particular, were hit hard by COVID-19, but Azul has proven itself to be one of the healthiest in the region. The company is attempting to move on from the pandemic, plotting a bid for the Brazilian operations of bankrupt LATAM Airlines Group.\n\nImage source: Getty Images.\nBut the upside for even the best-run airlines is limited as long as the pandemic is running rampant, and Brazil continues to struggle with COVID-19. The country recorded 36,000 new cases and nearly 1,000 deaths in one 24-hour period this week, and Brazil's president is a vaccine skeptic.\nThe lack of a quick recovery in Brazil arguably gives Azul a leg up in its effort to buy the LATAM assets, as the bankrupt company will find it harder to come up with a competing restructuring plan without clear signs of revenue growth in the region. But Azul's core business is likely to struggle if travel demand takes a hit. That risk that is driving investors to the sidelines.\nNow what\nAzul shares remain in a holding pattern. The stock has nearly doubled off of its early pandemic low, but is still down significantly compared to where it traded prior to the health crisis.\n\nAZUL data by YCharts.\nThere is real promise in this business, and Azul has the balance sheet to fly through this turbulence. But after a number of false starts it is now apparent the stock is not going to be able to gain altitude as quickly as investors had hoped. With the pandemic still a major issue throughout Latin America, we could be well into 2022 before there is a real turnaround.\nFor those who can ride out this rough patch, Azul looks like one of the better investment opportunities in international aviation. Just be advised that the headwinds the airline currently faces are not likely to subside anytime soon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836686996,"gmtCreate":1629476050615,"gmtModify":1676530055261,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Can help to like my comment? Thank you very much!","listText":"Can help to like my comment? Thank you very much!","text":"Can help to like my comment? Thank you very much!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/836686996","repostId":"2160710591","repostType":4,"repost":{"id":"2160710591","pubTimestamp":1629470661,"share":"https://ttm.financial/m/news/2160710591?lang=&edition=fundamental","pubTime":"2021-08-20 22:44","market":"us","language":"en","title":"2 No-Brainer Stocks to Buy in the Cannabis Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=2160710591","media":"Motley Fool","summary":"A multi-state operator and an unconventional pot stock are both hot buys after reporting second-quarter earnings.","content":"<p>With state cannabis legalization ramping up across the U.S. and chances of federal legalization improving, investors might not want to lose out on this evolving sector. And outstanding second-quarter earnings from these two pot stocks in particular are excellent examples of the sector's high growth and exciting upside.</p>\n<p>Florida-based&nbsp;<b><a href=\"https://laohu8.com/S/TCNNF\">Trulieve Cannabis Corporation</a> </b>(OTC:&nbsp;TCNNF)<b>&nbsp;</b>reported another great quarter with outstanding revenue growth and positive earnings before interest, tax, depreciation, and amortization (EBITDA). Meanwhile, marijuana REIT<b> <a href=\"https://laohu8.com/S/IIPR\">Innovative Industrial Properties Inc</a> </b>(NYSE:&nbsp;IIPR) not only grew revenue, but also profits. Both are profitable companies expanding at a rapid rate to capture the cannabis market in the U.S. Let's dig into their second-quarter results and determine why they could be the best fit for your portfolio.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F639496%2Fpiggy-bank.jpeg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty&nbsp;Images.</p>\n<h2>Trulieve Cannabis' Q2 turned out even better than Q1</h2>\n<p>The credit for Trulieve's consistent performance mostly goes to its dominance in its home state, where it operates 85 stores. Its total revenue grew 78% year over year to $215 million. Adjusted EBITDA came in at $95 million, a 55% jump from the prior-year quarter. The company also generated net profits of $41 million, a 116% year-over-year increase. Q2 marks the company's 14th consecutive quarter of profitability, which is impressive considering how its Canadian counterparts are struggling to generate profits. </p>\n<p>For the six months ended June 30, the company has reached $409 million in revenue. If it continues to grow at this rate, I wouldn't be surprised if it ends 2021 with more than $1 billion. Note that these numbers don't include the revenue generated from the <b>Harvest Health &amp; Recreation&nbsp;</b>acquisition (once it completes), so expect them to climb even higher. Trulieve's purchase of Arizona-based Harvest Health in May pushed its store count to a total of 140, and it now boasts 3 million square feet of cultivation capacity in the U.S. The move also gives Trulieve access to markets in Arizona (which recently legalized recreational cannabis), Pennsylvania, and Maryland.</p>\n<p>Initially, investors were concerned with Trulieve's focus only on the Florida market; I was too. But a smart company knows to strengthen its roots first and then focus on expanding, and I applaud Trulieve for doing just that. The company used its capital resources well and continued generating profits first, without going on an acquisition spree. This made room for the Harvest acquisition to bolster Trulieve's presence in key cannabis markets across the nation. The company had cash and cash equivalents of $289 million and net debt of $118 million at the end of Q2. </p>\n<p>The only concern I have is that most of its revenue generated during the quarter came from the sale of medical cannabis products (all that's currently legal in Florida). Trulieve will need to add focus on recreational revenue going forward. Markets in <a href=\"https://laohu8.com/S/NWY\">New York</a>, Arizona, and New Jersey (which recently legalized recreational marijuana) present a tremendous opportunity for U.S. cannabis companies, but Trulieve has no stores in any of these states yet. </p>\n<p>Analysts expect a 132% upside for Trulieve's stock in the next 12 months, which I think is possible looking at the rate the company is growing. </p>\n<h2>This REIT's stock popped after another strong quarter</h2>\n<p>Innovative Industrial Properties is not directly linked to cannabis, but management has taken good advantage of the marijuana boom in the U.S. Its business model, in which it acquires properties from medical cannabis companies and leases them back to the sellers, has worked wonders for both parties; because cannabis is illegal at the federal level in the U.S., access to capital can be hard for marijuana companies to find in other ways. Besides allowing investors indirect access to the industry, Innovative is also a real estate investment trust (or REIT), meaning it is mandated by law to pay 90% of its taxable income as dividends.&nbsp;</p>\n<p>As expected, Innovative's second quarter showed another great performance, and its stock is up 10% since those results were released Aug. 5. In the quarter ended June 30, total revenue jumped 101% year over year to $49 million. (The company's main source of income is rental income paid by the cannabis companies.) Rising revenue also brought in another quarter of profits. Net income grew to $29 million from $13 million in the year-ago period, and adjusted funds from operations, or AFFO, surged by 105% to $43 million for the quarter. </p>\n<p>For a REIT, AFFO plays the same role as net earnings do for a non-REIT, showing how much cash is available to be paid to shareholders as dividends. Rising AFFO is a good sign, meaning a business (in this case, Innovative) is capable of consistently paying dividends. The company paid a quarterly dividend of $1.40 per share on July 15, which was an increase of 6% from the first quarter and a 32% hike from the year-ago period. It marked the 11th dividend increase since its initial public offering in 2016. </p>\n<p>Currently, the company owns 73 properties in 18 states totaling 6.8 million square feet of space; 100% of its properties are leased out by cannabis companies. Between April 1 and Aug. 4, the company made five acquisitions of new properties and three lease amendments for existing properties.&nbsp;Some of its tenants include popular cannabis players <b>Cresco Labs, Trulieve Cannabis</b>,&nbsp;<b>Curaleaf Holdings</b>, and&nbsp;<b><a href=\"https://laohu8.com/S/GNBC\">Green</a> Thumb Industries</b>. These companies' expansion plans, and ever-expanding state legalization, lead me to believe Innovative will continue to grow.&nbsp;</p>\n<p>If you want to create wealth by investing, you need to keep a long time frame in mind. Growth stocks need time to show their full potential, especially in a nascent industry like marijuana. Both Trulieve and Innovative have strong financials and can flourish as the industry expands. Risk-averse investors can start with a small investment in these high-growth pot stocks that have the potential to double their money five to 10 years down the line.</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>2 No-Brainer Stocks to Buy in the Cannabis Sector</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\">\n2 No-Brainer Stocks to Buy in the Cannabis Sector\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-20 22:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/20/2-no-brainer-stocks-to-buy-in-cannabis-sector/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With state cannabis legalization ramping up across the U.S. and chances of federal legalization improving, investors might not want to lose out on this evolving sector. And outstanding second-quarter ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/20/2-no-brainer-stocks-to-buy-in-cannabis-sector/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TCNNF":"Trulieve Cannabis Corporation","IIPR":"Innovative Industrial Properties Inc"},"source_url":"https://www.fool.com/investing/2021/08/20/2-no-brainer-stocks-to-buy-in-cannabis-sector/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160710591","content_text":"With state cannabis legalization ramping up across the U.S. and chances of federal legalization improving, investors might not want to lose out on this evolving sector. And outstanding second-quarter earnings from these two pot stocks in particular are excellent examples of the sector's high growth and exciting upside.\nFlorida-based Trulieve Cannabis Corporation (OTC: TCNNF) reported another great quarter with outstanding revenue growth and positive earnings before interest, tax, depreciation, and amortization (EBITDA). Meanwhile, marijuana REIT Innovative Industrial Properties Inc (NYSE: IIPR) not only grew revenue, but also profits. Both are profitable companies expanding at a rapid rate to capture the cannabis market in the U.S. Let's dig into their second-quarter results and determine why they could be the best fit for your portfolio.\n\nImage source: Getty Images.\nTrulieve Cannabis' Q2 turned out even better than Q1\nThe credit for Trulieve's consistent performance mostly goes to its dominance in its home state, where it operates 85 stores. Its total revenue grew 78% year over year to $215 million. Adjusted EBITDA came in at $95 million, a 55% jump from the prior-year quarter. The company also generated net profits of $41 million, a 116% year-over-year increase. Q2 marks the company's 14th consecutive quarter of profitability, which is impressive considering how its Canadian counterparts are struggling to generate profits. \nFor the six months ended June 30, the company has reached $409 million in revenue. If it continues to grow at this rate, I wouldn't be surprised if it ends 2021 with more than $1 billion. Note that these numbers don't include the revenue generated from the Harvest Health & Recreation acquisition (once it completes), so expect them to climb even higher. Trulieve's purchase of Arizona-based Harvest Health in May pushed its store count to a total of 140, and it now boasts 3 million square feet of cultivation capacity in the U.S. The move also gives Trulieve access to markets in Arizona (which recently legalized recreational cannabis), Pennsylvania, and Maryland.\nInitially, investors were concerned with Trulieve's focus only on the Florida market; I was too. But a smart company knows to strengthen its roots first and then focus on expanding, and I applaud Trulieve for doing just that. The company used its capital resources well and continued generating profits first, without going on an acquisition spree. This made room for the Harvest acquisition to bolster Trulieve's presence in key cannabis markets across the nation. The company had cash and cash equivalents of $289 million and net debt of $118 million at the end of Q2. \nThe only concern I have is that most of its revenue generated during the quarter came from the sale of medical cannabis products (all that's currently legal in Florida). Trulieve will need to add focus on recreational revenue going forward. Markets in New York, Arizona, and New Jersey (which recently legalized recreational marijuana) present a tremendous opportunity for U.S. cannabis companies, but Trulieve has no stores in any of these states yet. \nAnalysts expect a 132% upside for Trulieve's stock in the next 12 months, which I think is possible looking at the rate the company is growing. \nThis REIT's stock popped after another strong quarter\nInnovative Industrial Properties is not directly linked to cannabis, but management has taken good advantage of the marijuana boom in the U.S. Its business model, in which it acquires properties from medical cannabis companies and leases them back to the sellers, has worked wonders for both parties; because cannabis is illegal at the federal level in the U.S., access to capital can be hard for marijuana companies to find in other ways. Besides allowing investors indirect access to the industry, Innovative is also a real estate investment trust (or REIT), meaning it is mandated by law to pay 90% of its taxable income as dividends. \nAs expected, Innovative's second quarter showed another great performance, and its stock is up 10% since those results were released Aug. 5. In the quarter ended June 30, total revenue jumped 101% year over year to $49 million. (The company's main source of income is rental income paid by the cannabis companies.) Rising revenue also brought in another quarter of profits. Net income grew to $29 million from $13 million in the year-ago period, and adjusted funds from operations, or AFFO, surged by 105% to $43 million for the quarter. \nFor a REIT, AFFO plays the same role as net earnings do for a non-REIT, showing how much cash is available to be paid to shareholders as dividends. Rising AFFO is a good sign, meaning a business (in this case, Innovative) is capable of consistently paying dividends. The company paid a quarterly dividend of $1.40 per share on July 15, which was an increase of 6% from the first quarter and a 32% hike from the year-ago period. It marked the 11th dividend increase since its initial public offering in 2016. \nCurrently, the company owns 73 properties in 18 states totaling 6.8 million square feet of space; 100% of its properties are leased out by cannabis companies. Between April 1 and Aug. 4, the company made five acquisitions of new properties and three lease amendments for existing properties. Some of its tenants include popular cannabis players Cresco Labs, Trulieve Cannabis, Curaleaf Holdings, and Green Thumb Industries. These companies' expansion plans, and ever-expanding state legalization, lead me to believe Innovative will continue to grow. \nIf you want to create wealth by investing, you need to keep a long time frame in mind. Growth stocks need time to show their full potential, especially in a nascent industry like marijuana. Both Trulieve and Innovative have strong financials and can flourish as the industry expands. Risk-averse investors can start with a small investment in these high-growth pot stocks that have the potential to double their money five to 10 years down the line.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833828023,"gmtCreate":1629217692062,"gmtModify":1676529971001,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Help me like my comment pls! Thank you very much!","listText":"Help me like my comment pls! Thank you very much!","text":"Help me like my comment pls! Thank you very much!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/833828023","repostId":"2160320769","repostType":4,"repost":{"id":"2160320769","pubTimestamp":1629214206,"share":"https://ttm.financial/m/news/2160320769?lang=&edition=fundamental","pubTime":"2021-08-17 23:30","market":"us","language":"en","title":"Could AMC Help You Become a Millionaire by 2030?","url":"https://stock-news.laohu8.com/highlight/detail?id=2160320769","media":"Motley Fool","summary":"AMC Entertainment has made investors money, but can it turn small investors into millionaires?","content":"<p><b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> </b>(NYSE:AMC) captured the attention of retail traders earlier this year when it caught a meme stock wave and shot up from a low of just under $2 per share in January to a high of about $72 per share in May. At its current price in the low $30s per-share range, it has fallen by nearly 60% from its highs. However, since it still trades 16 times higher than its January low, <a href=\"https://laohu8.com/S/AONE.U\">one</a> might question whether it holds the potential for something more.</p>\n<p>Can stock in this movie theater chain help some of its shareholders become millionaires by 2030?</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F639049%2Fgettyimages-1090460948.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>The state of AMC Entertainment</h2>\n<p>AMC faced unprecedented pain in 2020 as the COVID-19 pandemic forced theater closures around the world. To get through this challenging time, it resorted to a massive share issuance. At the end of June 2020, shares outstanding stood at just above 104 million. Today, the company has 513 million shares available to trade. Unfortunately, AMC issued most of those shares before the spike in the stock price.</p>\n<p>Moreover, home theaters have become popular as sound and video systems have become more advanced. This gives moviegoers less of a need to visit theaters. Furthermore, amid COVID-19 closures, studios released many movies straight to streaming, bypassing theaters that usually held a claim on new releases. Fortunately for AMC, a recent agreement with <a href=\"https://laohu8.com/S/T\">AT&amp;T Inc</a>'s Warner Bros. to give theaters 45 days of exclusivity on new releases beginning in 2022 could help mitigate that issue.</p>\n<h2>AMC by the numbers</h2>\n<p>Still, the pandemic continued to have lingering effects on revenue for the first two quarters of the year. AMC's revenue over six months, which came in at $593 million, fell 38% compared with the first six months of 2020. Nonetheless, with 62% lower operating costs during that period, the company cut its net loss by two-thirds during that period to $911 million.</p>\n<p>Additionally, the company reported a record $2 billion in liquidity. While its corporate borrowings of $5.5 billion remain a burden, they have fallen from $5.7 billion at the end of 2020 as the previously mentioned stock issuances helped keep the company afloat.</p>\n<p>Management also said on the second-quarter 2021 earnings call that attendance was at 23% of 2019 levels. However, while the company did not offer specific guidance, admission revenue has reached 57% so far in Q3, up from 18% in Q2. Also, the company forecasts positive theater-level cash flow by Q4.</p>\n<h2>Watch for sustainability</h2>\n<p>Nonetheless, even as the revenue gain points to a recovery in the business, investors have to wonder what comes next? The Reddit online investing-focused forum WallStreetBets has fostered discussion among a passionate group of AMC bulls. Their support of the stock helped to take it to record levels in May. However, the fact that the stock has lost most of its gains since that time could point to the limited influence of these traders.</p>\n<p>Moreover, we now live in a world where people can turn to other entertainment options such as online videos and the increased options for gaming. Such trends will likely become more pronounced by 2030.</p>\n<p>Additionally, the current stock price points to the difficulty of turning small shareholders into millionaires with this stock. Suppose a trader was fortunate enough to buy 5,000 shares at $2 per share in January, creating a $10,000 initial position. That investor would need AMC to rise to at least $200 per share to manifest a $1 million position. Also, this scenario does not consider those who invest $10,000 in AMC today. They would need the share price to rise above $4,000 per share to reach millionaire status.</p>\n<p>On the outside chance that AMC stock could keep doubling in value four times in seven months, as it has since January, reaching a $1 million position by 2030 is a reachable feat for any investor. However, doubling values come much more easily at $2 per share than at $32 per share. Also, with the aforementioned business conditions working against AMC, it is difficult to envision how the company will derive the sustained revenue and earnings growth necessary to reach and maintain such growth levels.</p>\n<h2>Will AMC mint millionaires?</h2>\n<p>Few investors believed AMC would reach $72 per share early this year. Hence, with enough momentum, one cannot say that $200 per share or even $2,000 per share is impossible.</p>\n<p>However, the aftereffects of the 2020 shutdowns make reaching such share levels highly improbable. And even though AMC continues to recover, recovery does not equate to prosperity. Given the lack of a visible path to sustained growth, investors should not expect help from AMC in their quest for $1 million, and taking the timeline out to 2030 or any other year will likely not help this entertainment stock.</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>Could AMC Help You Become a Millionaire 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\">\nCould AMC Help You Become a Millionaire by 2030?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/17/could-amc-help-you-become-a-millionaire-by-2030/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment (NYSE:AMC) captured the attention of retail traders earlier this year when it caught a meme stock wave and shot up from a low of just under $2 per share in January to a high of about...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/17/could-amc-help-you-become-a-millionaire-by-2030/\">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/2021/08/17/could-amc-help-you-become-a-millionaire-by-2030/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160320769","content_text":"AMC Entertainment (NYSE:AMC) captured the attention of retail traders earlier this year when it caught a meme stock wave and shot up from a low of just under $2 per share in January to a high of about $72 per share in May. At its current price in the low $30s per-share range, it has fallen by nearly 60% from its highs. However, since it still trades 16 times higher than its January low, one might question whether it holds the potential for something more.\nCan stock in this movie theater chain help some of its shareholders become millionaires by 2030?\n\nImage source: Getty Images.\nThe state of AMC Entertainment\nAMC faced unprecedented pain in 2020 as the COVID-19 pandemic forced theater closures around the world. To get through this challenging time, it resorted to a massive share issuance. At the end of June 2020, shares outstanding stood at just above 104 million. Today, the company has 513 million shares available to trade. Unfortunately, AMC issued most of those shares before the spike in the stock price.\nMoreover, home theaters have become popular as sound and video systems have become more advanced. This gives moviegoers less of a need to visit theaters. Furthermore, amid COVID-19 closures, studios released many movies straight to streaming, bypassing theaters that usually held a claim on new releases. Fortunately for AMC, a recent agreement with AT&T Inc's Warner Bros. to give theaters 45 days of exclusivity on new releases beginning in 2022 could help mitigate that issue.\nAMC by the numbers\nStill, the pandemic continued to have lingering effects on revenue for the first two quarters of the year. AMC's revenue over six months, which came in at $593 million, fell 38% compared with the first six months of 2020. Nonetheless, with 62% lower operating costs during that period, the company cut its net loss by two-thirds during that period to $911 million.\nAdditionally, the company reported a record $2 billion in liquidity. While its corporate borrowings of $5.5 billion remain a burden, they have fallen from $5.7 billion at the end of 2020 as the previously mentioned stock issuances helped keep the company afloat.\nManagement also said on the second-quarter 2021 earnings call that attendance was at 23% of 2019 levels. However, while the company did not offer specific guidance, admission revenue has reached 57% so far in Q3, up from 18% in Q2. Also, the company forecasts positive theater-level cash flow by Q4.\nWatch for sustainability\nNonetheless, even as the revenue gain points to a recovery in the business, investors have to wonder what comes next? The Reddit online investing-focused forum WallStreetBets has fostered discussion among a passionate group of AMC bulls. Their support of the stock helped to take it to record levels in May. However, the fact that the stock has lost most of its gains since that time could point to the limited influence of these traders.\nMoreover, we now live in a world where people can turn to other entertainment options such as online videos and the increased options for gaming. Such trends will likely become more pronounced by 2030.\nAdditionally, the current stock price points to the difficulty of turning small shareholders into millionaires with this stock. Suppose a trader was fortunate enough to buy 5,000 shares at $2 per share in January, creating a $10,000 initial position. That investor would need AMC to rise to at least $200 per share to manifest a $1 million position. Also, this scenario does not consider those who invest $10,000 in AMC today. They would need the share price to rise above $4,000 per share to reach millionaire status.\nOn the outside chance that AMC stock could keep doubling in value four times in seven months, as it has since January, reaching a $1 million position by 2030 is a reachable feat for any investor. However, doubling values come much more easily at $2 per share than at $32 per share. Also, with the aforementioned business conditions working against AMC, it is difficult to envision how the company will derive the sustained revenue and earnings growth necessary to reach and maintain such growth levels.\nWill AMC mint millionaires?\nFew investors believed AMC would reach $72 per share early this year. Hence, with enough momentum, one cannot say that $200 per share or even $2,000 per share is impossible.\nHowever, the aftereffects of the 2020 shutdowns make reaching such share levels highly improbable. And even though AMC continues to recover, recovery does not equate to prosperity. Given the lack of a visible path to sustained growth, investors should not expect help from AMC in their quest for $1 million, and taking the timeline out to 2030 or any other year will likely not help this entertainment stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":833828023,"gmtCreate":1629217692062,"gmtModify":1676529971001,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Help me like my comment pls! Thank you very much!","listText":"Help me like my comment pls! Thank you very much!","text":"Help me like my comment pls! Thank you very much!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/833828023","repostId":"2160320769","repostType":4,"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144611863,"gmtCreate":1626279000152,"gmtModify":1703757102815,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Please help me like and comment. Will appreciate it! Thank you","listText":"Please help me like and comment. Will appreciate it! Thank you","text":"Please help me like and comment. Will appreciate it! Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/144611863","repostId":"2151142915","repostType":4,"repost":{"id":"2151142915","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":1626272400,"share":"https://ttm.financial/m/news/2151142915?lang=&edition=fundamental","pubTime":"2021-07-14 22:20","market":"hk","language":"en","title":"After 'Black Widow' fails to lift AMC stock, retail traders are trying to become their own 'Avengers'","url":"https://stock-news.laohu8.com/highlight/detail?id=2151142915","media":"Dow Jones","summary":"Retail traders on social media are trying on Wednesday what even Natasha Romanoff, aka the \"Black Wi","content":"<p>Retail traders on social media are trying on Wednesday what even Natasha Romanoff, aka the \"Black Widow\", couldn't do on Monday or Tuesday: lift the share price of AMC Entertainment <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>.</p>\n<p>Despite the blockbuster return of the Marvel Cinematic Universe to big screens on Friday with Scarlett Johansson's standalone \"Widow\" film hauling in $80 million to break the previous post-pandemic record of \"F9\"s $70 million opening weekend in June, shares of cinema chain AMC fell almost 15% on the first two trading days of the week, a drop that maddened bullish investors in AMC on internet platform Reddit.</p>\n<p>Rallying around the fact that AMC announced on Monday morning that \"Approximately 3.2 million people watched movies at AMC's United States and international theatre locations between Thursday, July 8 and Sunday, June 11,\" the highest turnout in 16 months, retail traders blamed the stock drop on their old enemies: short selling hedge funds that they believe have regained control of the stock price via manipulation despite the fact individual investors own roughly 80% of AMC's float.</p>\n<p>And while some investors might have seen the fact that \"Black Widow\" also made $60 million from premium streaming downloads on Disney+ as a signal that the theater business is still dealing with an existential threat, Redditors didn't take the result lying down.</p>\n<p>AMC shareholders became almost interactive with company CEO Adam Aron in recent weeks, even forcing his hand on another share offering that would have paid down the theatre chain's still massive post-COVID debt load. This week though they decided to energize each other into buying whatever AMC stock they could get their hands on after shares fell below $40 for the first time since it's rocket surge in late May and early June.</p>\n<p>And they used hashtags to do it, proclaiming Tuesday as another #AMCDay.</p>\n<p>By mid-Tuesday, social media was rife with speculation that hedge funds were artificially depressing AMC's stock price using ladder attacks and options spoofing, intricate trading maneuvers that have long been part of the retail trading community's allegations against mainstream finance.</p>\n<p>One data point that was of particular interest to traders on social media was that AMC had been removed from the New York Stock Exchange's threshold list on Friday. That list is compiled of stocks that are on high alert for naked shorting after failing to settle for five straight trading days.</p>\n<p>Many users on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> and Reddit saw that move as deeply sketchy and called for their fellow self-anointed \"Apes\" to hold their shares as the price swooned in order to smoke out the naked shorters in the tall grass.</p>\n<p>\"There are absolutely no sellers, no one&nbsp;is dumping this stock at 4am in pre market. If there were sellers AMC wouldn't have been on the threshold list to begin with,\" Reddit user popsmoke1122334455 posted Tuesday afternoon. \"Divorce yourself from your emotions.\"</p>\n<p>Data from Fintel showed that AMC stock's short interest had ticked up slightly on Monday and Tuesday.</p>\n<p>Even sometime meme stock skeptic Jim Cramer joined the chorus of people urging AMC believers to keep their hands \"diamond\", tweeting \"AMC buyers HOLD!\" in the early hours of Tuesday.</p>\n<p>But despite the social media explosion that had #AMCDAY as the second-highest trending term on Twitter, volume on AMC was just over half of its average daily trading volume and the price remained stuck just below $40.</p>\n<p>That did not seem to dampen the ardor of some AMC bulls who made it clear that they would keep the campaign up into Wednesday.</p>\n<p>\"DEAR HEDGEFUNDS,\" tweeted @AMC_Apee. \"RETAIL INVESTORS ARE NEVER GIVING UP. BEEN HOLDING FOR 7 MONTHS AND WILL CONTINUE.\"</p>\n<p>Still, AMC shares were down more than 8% in&nbsp;early&nbsp;market.</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>After 'Black Widow' fails to lift AMC stock, retail traders are trying to become their own 'Avengers'</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\">\nAfter 'Black Widow' fails to lift AMC stock, retail traders are trying to become their own 'Avengers'\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\">2021-07-14 22:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Retail traders on social media are trying on Wednesday what even Natasha Romanoff, aka the \"Black Widow\", couldn't do on Monday or Tuesday: lift the share price of AMC Entertainment <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>.</p>\n<p>Despite the blockbuster return of the Marvel Cinematic Universe to big screens on Friday with Scarlett Johansson's standalone \"Widow\" film hauling in $80 million to break the previous post-pandemic record of \"F9\"s $70 million opening weekend in June, shares of cinema chain AMC fell almost 15% on the first two trading days of the week, a drop that maddened bullish investors in AMC on internet platform Reddit.</p>\n<p>Rallying around the fact that AMC announced on Monday morning that \"Approximately 3.2 million people watched movies at AMC's United States and international theatre locations between Thursday, July 8 and Sunday, June 11,\" the highest turnout in 16 months, retail traders blamed the stock drop on their old enemies: short selling hedge funds that they believe have regained control of the stock price via manipulation despite the fact individual investors own roughly 80% of AMC's float.</p>\n<p>And while some investors might have seen the fact that \"Black Widow\" also made $60 million from premium streaming downloads on Disney+ as a signal that the theater business is still dealing with an existential threat, Redditors didn't take the result lying down.</p>\n<p>AMC shareholders became almost interactive with company CEO Adam Aron in recent weeks, even forcing his hand on another share offering that would have paid down the theatre chain's still massive post-COVID debt load. This week though they decided to energize each other into buying whatever AMC stock they could get their hands on after shares fell below $40 for the first time since it's rocket surge in late May and early June.</p>\n<p>And they used hashtags to do it, proclaiming Tuesday as another #AMCDay.</p>\n<p>By mid-Tuesday, social media was rife with speculation that hedge funds were artificially depressing AMC's stock price using ladder attacks and options spoofing, intricate trading maneuvers that have long been part of the retail trading community's allegations against mainstream finance.</p>\n<p>One data point that was of particular interest to traders on social media was that AMC had been removed from the New York Stock Exchange's threshold list on Friday. That list is compiled of stocks that are on high alert for naked shorting after failing to settle for five straight trading days.</p>\n<p>Many users on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> and Reddit saw that move as deeply sketchy and called for their fellow self-anointed \"Apes\" to hold their shares as the price swooned in order to smoke out the naked shorters in the tall grass.</p>\n<p>\"There are absolutely no sellers, no one&nbsp;is dumping this stock at 4am in pre market. If there were sellers AMC wouldn't have been on the threshold list to begin with,\" Reddit user popsmoke1122334455 posted Tuesday afternoon. \"Divorce yourself from your emotions.\"</p>\n<p>Data from Fintel showed that AMC stock's short interest had ticked up slightly on Monday and Tuesday.</p>\n<p>Even sometime meme stock skeptic Jim Cramer joined the chorus of people urging AMC believers to keep their hands \"diamond\", tweeting \"AMC buyers HOLD!\" in the early hours of Tuesday.</p>\n<p>But despite the social media explosion that had #AMCDAY as the second-highest trending term on Twitter, volume on AMC was just over half of its average daily trading volume and the price remained stuck just below $40.</p>\n<p>That did not seem to dampen the ardor of some AMC bulls who made it clear that they would keep the campaign up into Wednesday.</p>\n<p>\"DEAR HEDGEFUNDS,\" tweeted @AMC_Apee. \"RETAIL INVESTORS ARE NEVER GIVING UP. BEEN HOLDING FOR 7 MONTHS AND WILL CONTINUE.\"</p>\n<p>Still, AMC shares were down more than 8% in&nbsp;early&nbsp;market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151142915","content_text":"Retail traders on social media are trying on Wednesday what even Natasha Romanoff, aka the \"Black Widow\", couldn't do on Monday or Tuesday: lift the share price of AMC Entertainment $(AMC)$.\nDespite the blockbuster return of the Marvel Cinematic Universe to big screens on Friday with Scarlett Johansson's standalone \"Widow\" film hauling in $80 million to break the previous post-pandemic record of \"F9\"s $70 million opening weekend in June, shares of cinema chain AMC fell almost 15% on the first two trading days of the week, a drop that maddened bullish investors in AMC on internet platform Reddit.\nRallying around the fact that AMC announced on Monday morning that \"Approximately 3.2 million people watched movies at AMC's United States and international theatre locations between Thursday, July 8 and Sunday, June 11,\" the highest turnout in 16 months, retail traders blamed the stock drop on their old enemies: short selling hedge funds that they believe have regained control of the stock price via manipulation despite the fact individual investors own roughly 80% of AMC's float.\nAnd while some investors might have seen the fact that \"Black Widow\" also made $60 million from premium streaming downloads on Disney+ as a signal that the theater business is still dealing with an existential threat, Redditors didn't take the result lying down.\nAMC shareholders became almost interactive with company CEO Adam Aron in recent weeks, even forcing his hand on another share offering that would have paid down the theatre chain's still massive post-COVID debt load. This week though they decided to energize each other into buying whatever AMC stock they could get their hands on after shares fell below $40 for the first time since it's rocket surge in late May and early June.\nAnd they used hashtags to do it, proclaiming Tuesday as another #AMCDay.\nBy mid-Tuesday, social media was rife with speculation that hedge funds were artificially depressing AMC's stock price using ladder attacks and options spoofing, intricate trading maneuvers that have long been part of the retail trading community's allegations against mainstream finance.\nOne data point that was of particular interest to traders on social media was that AMC had been removed from the New York Stock Exchange's threshold list on Friday. That list is compiled of stocks that are on high alert for naked shorting after failing to settle for five straight trading days.\nMany users on Twitter and Reddit saw that move as deeply sketchy and called for their fellow self-anointed \"Apes\" to hold their shares as the price swooned in order to smoke out the naked shorters in the tall grass.\n\"There are absolutely no sellers, no one is dumping this stock at 4am in pre market. If there were sellers AMC wouldn't have been on the threshold list to begin with,\" Reddit user popsmoke1122334455 posted Tuesday afternoon. \"Divorce yourself from your emotions.\"\nData from Fintel showed that AMC stock's short interest had ticked up slightly on Monday and Tuesday.\nEven sometime meme stock skeptic Jim Cramer joined the chorus of people urging AMC believers to keep their hands \"diamond\", tweeting \"AMC buyers HOLD!\" in the early hours of Tuesday.\nBut despite the social media explosion that had #AMCDAY as the second-highest trending term on Twitter, volume on AMC was just over half of its average daily trading volume and the price remained stuck just below $40.\nThat did not seem to dampen the ardor of some AMC bulls who made it clear that they would keep the campaign up into Wednesday.\n\"DEAR HEDGEFUNDS,\" tweeted @AMC_Apee. \"RETAIL INVESTORS ARE NEVER GIVING UP. BEEN HOLDING FOR 7 MONTHS AND WILL CONTINUE.\"\nStill, AMC shares were down more than 8% in early market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889788109,"gmtCreate":1631179093001,"gmtModify":1676530488629,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi pls help me to like my comment. Thank you","listText":"Hi pls help me to like my comment. Thank you","text":"Hi pls help me to like my comment. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/889788109","repostId":"1108464667","repostType":4,"repost":{"id":"1108464667","pubTimestamp":1631178310,"share":"https://ttm.financial/m/news/1108464667?lang=&edition=fundamental","pubTime":"2021-09-09 17:05","market":"us","language":"en","title":"Stock Futures Fall Ahead of Jobless Claims Data","url":"https://stock-news.laohu8.com/highlight/detail?id=1108464667","media":"The Wall Street Journal","summary":"The S&P and the Dow Jones Industrial Average are poised for a fourth consecutive day of declines.\n\nU","content":"<blockquote>\n <b>The S&amp;P and the Dow Jones Industrial Average are poised for a fourth consecutive day of declines.</b>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/62ea30e47cbb28a9a602059dd3626f41\" tg-width=\"886\" tg-height=\"522\" width=\"100%\" height=\"auto\">U.S. stock futures fell Thursday ahead of fresh data on jobless claims and an update to the European Central Bank’s monetary policy.</p>\n<p>Futures tied to the S&amp;P 500 and the Dow Jones Industrial Average ticked 0.2% lower, indicating that both indexes willextend lossesafter sliding for three consecutive trading days. Contracts for the Nasdaq-100 edged down 0.2%, suggesting that large technology stocks may also decline at the opening bell.</p>\n<p>Investors’ optimism has waned this week following a jobs report that showed asharp slowdown in the pace of hiringin the U.S., and signs that thepace of economic recovery weakenedover the summer due to the Delta variant of Covid-19. Questions around when the Federal Reserve and the ECB willbegin to pare back their stimulus programsis also weighing on sentiment, money managers say.</p>\n<p>“We’re slightly more cautious,” said Charles Hepworth, an investment director at GAM Investments. “It does feel that people are getting a bit freaked out by valuations. The Delta variant transmission is a threat for global growth. If you get tapering too soon, that risks derailing the recovery.”</p>\n<p>The Cboe Volatility Index—Wall Street’s so-called fear gauge, also known as the VIX—ticked up to 19.</p>\n<p>The ECB will issue its latest policy statement at 7:45 a.m. ET, with policy makers offering their assessment of the economy and inflation. Some investors are betting that the central bank will disclose plans to startparing back its purchase of government bondsthrough an emergency program that was meant to bolster credit markets and growth during the pandemic.</p>\n<p>“The real unknown is if the ECB will revise its inflation and growth forecast,” said Agnès Belaisch, chief European strategist at the Barings Investment Institute. “If it raises its inflation forecast closer to 2%, that will make markets wonder if it could overshoot and if the ECB could have to raise interest rates.”</p>\n<p>Investors will get fresh figures at 8:30 a.m. ET on the number of Americans who applied for first-time unemployment benefits, a metric that is seen as a proxy for layoffs, in the week ended Sept. 4. The Fed has said that inflation and the labor market are two key factors it is monitoring to determine changes to monetary policy.</p>\n<p>In bond markets, the yield on the 10-year Treasury note ticked down to 1.322% from 1.333% Wednesday. Yields fall when prices rise.</p>\n<p>Overseas, the pan-continental Stoxx Europe 600 shed 0.4%, led by losses in travel and leisure companies.</p>\n<p>Hong Kong’s Hang Seng Index declined 2.3% by the end of the day. Shares of Chinese videogame giants Tencent Holdings and NetEase tumbled Thursday after authorities summoned the companies and ordered them to follow new rules for the online-gaming industry. Tencent shed 8.5% in Hong Kong trading, while NetEase tumbled 11%.</p>\n<p>Other major indexes in Asia broadly closed lower. South Korea’s Kospi fell 1.5%, Australia’s S&amp;P /ASX200 contracted 1.9% and Japan’s Nikkei 225 declined 0.6%. China’s Shanghai Composite Index bucked the trend, gaining 0.5%.</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>Stock Futures Fall Ahead of Jobless Claims Data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Futures Fall Ahead of Jobless Claims Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-09 17:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/global-stock-markets-dow-update-09-09-2021-11631173050?mod=markets_lead_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P and the Dow Jones Industrial Average are poised for a fourth consecutive day of declines.\n\nU.S. stock futures fell Thursday ahead of fresh data on jobless claims and an update to the European ...</p>\n\n<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-09-09-2021-11631173050?mod=markets_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-09-09-2021-11631173050?mod=markets_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108464667","content_text":"The S&P and the Dow Jones Industrial Average are poised for a fourth consecutive day of declines.\n\nU.S. stock futures fell Thursday ahead of fresh data on jobless claims and an update to the European Central Bank’s monetary policy.\nFutures tied to the S&P 500 and the Dow Jones Industrial Average ticked 0.2% lower, indicating that both indexes willextend lossesafter sliding for three consecutive trading days. Contracts for the Nasdaq-100 edged down 0.2%, suggesting that large technology stocks may also decline at the opening bell.\nInvestors’ optimism has waned this week following a jobs report that showed asharp slowdown in the pace of hiringin the U.S., and signs that thepace of economic recovery weakenedover the summer due to the Delta variant of Covid-19. Questions around when the Federal Reserve and the ECB willbegin to pare back their stimulus programsis also weighing on sentiment, money managers say.\n“We’re slightly more cautious,” said Charles Hepworth, an investment director at GAM Investments. “It does feel that people are getting a bit freaked out by valuations. The Delta variant transmission is a threat for global growth. If you get tapering too soon, that risks derailing the recovery.”\nThe Cboe Volatility Index—Wall Street’s so-called fear gauge, also known as the VIX—ticked up to 19.\nThe ECB will issue its latest policy statement at 7:45 a.m. ET, with policy makers offering their assessment of the economy and inflation. Some investors are betting that the central bank will disclose plans to startparing back its purchase of government bondsthrough an emergency program that was meant to bolster credit markets and growth during the pandemic.\n“The real unknown is if the ECB will revise its inflation and growth forecast,” said Agnès Belaisch, chief European strategist at the Barings Investment Institute. “If it raises its inflation forecast closer to 2%, that will make markets wonder if it could overshoot and if the ECB could have to raise interest rates.”\nInvestors will get fresh figures at 8:30 a.m. ET on the number of Americans who applied for first-time unemployment benefits, a metric that is seen as a proxy for layoffs, in the week ended Sept. 4. The Fed has said that inflation and the labor market are two key factors it is monitoring to determine changes to monetary policy.\nIn bond markets, the yield on the 10-year Treasury note ticked down to 1.322% from 1.333% Wednesday. Yields fall when prices rise.\nOverseas, the pan-continental Stoxx Europe 600 shed 0.4%, led by losses in travel and leisure companies.\nHong Kong’s Hang Seng Index declined 2.3% by the end of the day. Shares of Chinese videogame giants Tencent Holdings and NetEase tumbled Thursday after authorities summoned the companies and ordered them to follow new rules for the online-gaming industry. Tencent shed 8.5% in Hong Kong trading, while NetEase tumbled 11%.\nOther major indexes in Asia broadly closed lower. South Korea’s Kospi fell 1.5%, Australia’s S&P /ASX200 contracted 1.9% and Japan’s Nikkei 225 declined 0.6%. China’s Shanghai Composite Index bucked the trend, gaining 0.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888985360,"gmtCreate":1631422485250,"gmtModify":1676530546014,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi someone pls help me to like my comment. Thank you ?","listText":"Hi someone pls help me to like my comment. Thank you ?","text":"Hi someone pls help me to like my comment. Thank you ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/888985360","repostId":"1189654544","repostType":4,"repost":{"id":"1189654544","pubTimestamp":1631406130,"share":"https://ttm.financial/m/news/1189654544?lang=&edition=fundamental","pubTime":"2021-09-12 08:22","market":"us","language":"en","title":"US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1189654544","media":"Renaissance Capital","summary":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion i","content":"<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.</p>\n<p>Tech consultancy&nbsp;<b>Thoughtworks</b>(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.</p>\n<p>Swiss running shoe brand&nbsp;<b>On Holding</b>(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.</p>\n<p>After ending talks to go public via SPAC,<b>Sportradar Group</b>(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.</p>\n<p>Drive-thru coffee chain&nbsp;<b>Dutch Bros</b>(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.</p>\n<p>Healthcare intelligence platform&nbsp;<b>Definitive Healthcare</b>(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.</p>\n<p>Identity management platform&nbsp;<b>ForgeRock</b>(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.</p>\n<p>Immunology biotech&nbsp;<b>DICE Therapeutics</b>(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.</p>\n<p>Surgical robotics developer&nbsp;<b>PROCEPT BioRobotics</b>(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.</p>\n<p>Oncology biotech&nbsp;<b>Tyra Biosciences</b>(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.</p>\n<p>Micro-cap gas delivery service&nbsp;<b>EzFill Holdings</b>(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.</p>\n<p><img src=\"https://static.tigerbbs.com/718698ff98644c4026f32efe91d076c6\" tg-width=\"1128\" tg-height=\"684\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/97fe13300d9e4cf61effc59b9706776a\" tg-width=\"1129\" tg-height=\"247\" referrerpolicy=\"no-referrer\"></p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&amp;P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.</p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: The Fall IPO market kicks off with a 10 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 08:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week\">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","SRAD":"Sportradar Group AG","BROS":"Dutch Bros Inc.","FORG":"ForgeRock, Inc.","TWKS":"Thoughtworks Holding Inc.","EZFL":"EzFill Holdings Inc",".SPX":"S&P 500 Index","DH":"Definitive Healthcare Corp.","ONON":"On Holding AG","TYRA":"Tyra Biosciences, Inc.","DICE":"DICE Therapeutics, Inc.","PRCT":"PROCEPT BioRobotics",".DJI":"道琼斯"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/85972/US-IPO-Week-Ahead-The-Fall-IPO-market-kicks-off-with-a-10-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189654544","content_text":"After a wave of launches in the short holiday week, 10 IPOs are scheduled to raise over $3 billion in the week ahead.\nTech consultancy Thoughtworks(TWKS) plans to raise $700 million at a $6.3 billion market cap. This agile software developer provides premium, end-to-end digital strategy, design, and engineering services to more than 300 enterprise customers. The company grew revenue at a 14% CAGR from 2017 to 2020, and expanded margins in 2020 and the 1H21.\nSwiss running shoe brand On Holding(ONON) plans to raise $591 million at a $5.9 billion market cap. On is a global provider of premium athletic footwear, apparel, and accessories that are designed using sustainable materials and its proprietary technology. The company has demonstrated growth and profitability, though it faces significant competition from other well-known sportswear brands.\nAfter ending talks to go public via SPAC,Sportradar Group(SRAD) plans to raise $504 million at a $7.9 billion market cap. Covering over 750,000 events annually across 83 sports, this Swiss company provides software, data, and content to sports leagues, betting operators, and media companies. Sportradar is profitable, and growth accelerated in the 1H21 as live sports resumed.\nDrive-thru coffee chain Dutch Bros(BROS) plans to raise $400 million at a $3.3 billion market cap. This Oregon-based company has a chain of 471 drive-thru coffee shops in the Western US, and it has been able to maintain a track record of same-store sales growth as it has expanded to new states. Insiders received pre-IPO dividends and will sell shares back to the company.\nHealthcare intelligence platform Definitive Healthcare(DH) plans to raise $350 million at a $3.3 billion market cap. This company provides a healthcare commercial intelligence and analytics platform, helping its customers to analyze, navigate, and sell into the complex healthcare ecosystem. Unprofitable with strong growth, Definitive Healthcare will be leveraged post-IPO.\nIdentity management platform ForgeRock(FORG) plans to raise $248 million at a $2.1 billion market cap. The company provides identity and access management software, with a platform to provision, authenticate, and govern all types of digital identities. Unprofitable with high sales and marketing expenses, ForgeRock is a leading next-gen provider in the multi-billion-dollar identity and access market.\nImmunology biotech DICE Therapeutics(DICE) plans to raise $160 million at a $550 million market cap. This biotech is developing oral small molecule therapies to treat chronic diseases in immunology and other therapeutic areas. DICE plans to initiate a Phase 1 trial of its lead candidate S011806, an oral antagonist with a variety of immunology indications.\nSurgical robotics developer PROCEPT BioRobotics(PRCT) plans to raise $127 million at a $1.1 billion market cap. This commercial-stage company develops surgical robotic systems for minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia. PROCEPT BioRobotics is highly unprofitable and saw revenue increase more than sixfold in the 1H21.\nOncology biotech Tyra Biosciences(TYRA) plans to raise $101 million at a $584 million market cap. This preclinical biotech is developing FGFR kinase inhibitors for cancer, specifically solid tumors. Tyra’s lead candidate is initially focused on bladder cancer, and the company expects to submit an IND for it in mid-2022.\nMicro-cap gas delivery service EzFill Holdings(EZFL) plans to raise $25 million at a $104 million market cap. This mobile-fueling company provides an on-demand fuel delivery service in Florida via mobile app. Highly unprofitable with explosive growth, EzFill states that it is the dominant player in the South Florida market.\n\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 9/9/21, the Renaissance IPO Index was up 7.7% year-to-date, while the S&P 500 was up 19.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Snowflake (SNOW) and Palantir Technologies (PLTR). The Renaissance International IPO Index was down 11.0% year-to-date, while the ACWX was up 10.0%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Smoore International and EQT Partners.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880838842,"gmtCreate":1631029834786,"gmtModify":1676530448563,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Pls help me like my comment&nbsp;","listText":"Pls help me like my comment&nbsp;","text":"Pls help me like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/880838842","repostId":"2165849354","repostType":4,"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888532207,"gmtCreate":1631506016909,"gmtModify":1676530560578,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi can someone help me to like my comment? Thank you!","listText":"Hi can someone help me to like my comment? Thank you!","text":"Hi can someone help me to like my comment? Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888532207","repostId":"1191352294","repostType":4,"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578969648963961","authorId":"3578969648963961","authorIdStr":"3578969648963961","name":"Boo2bear","avatar":"https://static.tigerbbs.com/209ae746c8124fe2d5f79aee784d2fcc","crmLevel":4,"crmLevelSwitch":0,"idStr":"3578969648963961"},"content":"Sure. Done. Pls like back. Tq","text":"Sure. Done. Pls like back. Tq","html":"Sure. Done. Pls like back. Tq"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888535388,"gmtCreate":1631506063744,"gmtModify":1676530560603,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi can someone help me to like my comment? Thank you!","listText":"Hi can someone help me to like my comment? Thank you!","text":"Hi can someone help me to like my comment? Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888535388","repostId":"1108703048","repostType":4,"repost":{"id":"1108703048","pubTimestamp":1631503795,"share":"https://ttm.financial/m/news/1108703048?lang=&edition=fundamental","pubTime":"2021-09-13 11:29","market":"us","language":"en","title":"IPO Update: ForgeRock Readies $248 Million IPO Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1108703048","media":"seekingalpha","summary":"Summary\n\nForgeRock has filed proposed terms for a $248 million IPO.\nThe firm provides security Ident","content":"<p><b>Summary</b></p>\n<ul>\n <li>ForgeRock has filed proposed terms for a $248 million IPO.</li>\n <li>The firm provides security Identity-as-a-Service technologies to organizations worldwide.</li>\n <li>FORG has grown quickly, is reducing its operating losses, and the IPO appears reasonably valued, so is worth a close look.</li>\n</ul>\n<p><b>Quick Take</b></p>\n<p>ForgeRock (FORG) has filed to raise $248 million from the sale of its Class A common stock in an IPO, according to an amendedregistration statement.</p>\n<p>The company provides security Identity-as-a-Service technologies to enterprises worldwide.</p>\n<p>Given FORG’s strong growth trajectory, healthy operating metrics, reduced negative operating margin and reasonable IPO pricing expectation, the IPO is worth consideration.</p>\n<p><b>Company &amp; Technology</b></p>\n<p>San Francisco, California-based ForgeRock was founded to develop a digital identity management platform for various identity types and cloud deployments.</p>\n<p>Management is headed by president and CEO Francis Rosch, who has been with the firm since June 2018 and was previously EVP at Symantec.</p>\n<p>The company’s primary offerings by identity type include:</p>\n<ul>\n <li><p>Consumer</p></li>\n <li><p>Workforce</p></li>\n <li><p>IoT &amp; Services</p></li>\n</ul>\n<p>ForgeRock has received at least $263 million in equity investment from investors including Accel, Riverwood, Meritech, Foundation Capital, KKR Fox and GravityRock A.S.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The firm pursues client relationships with medium and large enterprises via its direct sales and marketing efforts</p>\n<p>FORG's platform can support over 216 million access transactions per hour, securing thousands of applications across types, operating environments and deployments, whether in public, private, hybrid cloud or on-premises infrastructures.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have dropped as revenues have increased, as the figures below indicate:</p>\n<p><img src=\"https://static.tigerbbs.com/630c7b396bb49c36d2a1fd926b98c93a\" tg-width=\"608\" tg-height=\"302\" referrerpolicy=\"no-referrer\">The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, rose to 0.7x in the most recent reporting period, as shown in the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/a377a869a9e6aeadc25d609820e43ab8\" tg-width=\"612\" tg-height=\"242\" referrerpolicy=\"no-referrer\">The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.</p>\n<p>FORG’s most recent calculation was 42% as of June 30, 2021, so the firm is performing well in this regard, per the table below:</p>\n<p><img src=\"https://static.tigerbbs.com/f1f476e888cba7467863a18893f1f5e7\" tg-width=\"611\" tg-height=\"243\" referrerpolicy=\"no-referrer\">The firm’s dollar-based net revenue retention rate for the six months ended June 30, 2021 was 113%, a solid result.</p>\n<p>The dollar-based net revenue retention rate metric measures how much additional revenue is generated over time from each cohort of customers, so that a figure over 100% means that the company is generating more revenue from the same customer cohort over time, indicating good product/market fit and efficient sales and marketing efforts.</p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2020 marketresearch reportby Grand View Research, the global identity as a service [IDaaS] market was an estimated $3.34 billion in 2019 and is forecast to reach $16 billion by 2027.</p>\n<p>This represents a forecast very strong CAGR of 22.0% from 2020 to 2027.</p>\n<p>The main drivers for this expected growth are an increasing number of regulatory mandates and growing complexity of environments with multiple stakeholders and user types using their own devices [BYOD].</p>\n<p>Also, an increasing number of employees working remotely is putting further demand on services that safely and efficiently secure this type of access.</p>\n<p>Below is a chart showing the historical and projected future U.S. IDaaS market size:</p>\n<p><img src=\"https://static.tigerbbs.com/7f995ac01baecfe3805d7f63f5468ecc\" tg-width=\"1156\" tg-height=\"628\" referrerpolicy=\"no-referrer\">Major competitive or other industry participants include:</p>\n<ul>\n <li><p>CA Technologies</p></li>\n <li><p>Okta(NASDAQ:OKTA)</p></li>\n <li><p>SailPoint(NYSE:SAIL)</p></li>\n <li><p>IBM(NYSE:IBM)</p></li>\n <li><p>Oracle(NYSE:ORCL)</p></li>\n <li><p>CyberArk(NASDAQ:CYBR)</p></li>\n <li><p>Ping Identity(NYSE:PING)</p></li>\n <li><p>OneLogin</p></li>\n <li><p>Auth0</p></li>\n <li><p>Centrify</p></li>\n <li><p>Homegrown, in-house solutions</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>ForgeRock’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Sharply growing top line revenue</p></li>\n <li><p>Increasing gross profit but slightly reduced gross margin</p></li>\n <li><p>Reduced operating losses</p></li>\n <li><p>Uneven but significant cash used from operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<p><img src=\"https://static.tigerbbs.com/dfa6cd1cc6d339e8028ef017a1b457c8\" tg-width=\"611\" tg-height=\"616\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/dbacd6582c1f1610082b2ffbec214be5\" tg-width=\"612\" tg-height=\"616\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/28a27e9100786c7baf5827c7fd7a986d\" tg-width=\"612\" tg-height=\"618\" referrerpolicy=\"no-referrer\">As of June 30, 2021, ForgeRock had $33.4 million in cash and $128.3 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($40.3 million).</p>\n<p><b>IPO Details</b></p>\n<p>FORG intends to sell 11 million shares of Class A common stock at a proposed midpoint price of $22.50 per share for gross proceeds of approximately $247.5 million, not including the sale of customary underwriter options.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Class A common stockholders will be entitled to one vote per share and Class B shareholders will have ten votes per share.</p>\n<p>The S&amp;P 500 Index no longer admits firms with multiple classes of stock into its index.</p>\n<p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $1.5 billion.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 13.86%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.</p>\n<p>Per the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:</p>\n<blockquote>\n We intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses and capital expenditures. We also intend to use a portion of the net proceeds we receive from this offering to satisfy our anticipated tax withholding and remittance obligations, which we anticipate to be approximately $3.5 million, related to the RSU Settlement.\n</blockquote>\n<p>Management’s presentation of the company roadshow isavailable here.</p>\n<p>Regarding outstanding legal proceedings, management has disclosed no material legal claims or proceedings as of the regulatory filing date.</p>\n<p>Listed bookrunners of the IPO are Morgan Stanley, J.P. Morgan, Deutsche Bank Securities, Mizuho Securities and other investment banks.</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p>\n<p><img src=\"https://static.tigerbbs.com/b9a802653c6079c7378bf5f84d19872f\" tg-width=\"611\" tg-height=\"708\" referrerpolicy=\"no-referrer\">As a reference, a potential public comparable would be Ping Identity (PING); shown below is a comparison of their primary valuation metrics:</p>\n<p><img src=\"https://static.tigerbbs.com/8fc8272d84d30e31bbd1839c72fa2efe\" tg-width=\"610\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><b>Commentary</b></p>\n<p>FORG is seeking an IPO to make a public market for its stock and to fund its unspecified general corporate expansion plans.</p>\n<p>The company’s financial results show strong top line revenue growth and gross profit growth.</p>\n<p>Operating losses and negative operating margin have dropped significantly as it appears the firm is making progress toward operating breakeven, at least so far in 2021.</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was negative ($40.3 million), a large use of cash on an annual revenue run rate of $160 million.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have dropped as revenue has increased; its Sales and Marketing efficiency rate rose to 0.7x in the most recent six-month reporting period.</p>\n<p>The firm’s dollar-based net revenue retention rate for the six months ended June 30, 2021 was 113%, a good result, as it indicates good product market fit and efficient sales &amp; marketing efforts.</p>\n<p>The market opportunity for providing identity as a service technologies is expected to grow at a very high rate over the coming years, so the company will enjoy strong industry growth dynamics in its favor.</p>\n<p>Morgan Stanley is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 26.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the company’s outlook is the fluid nature of the security industry, with M&amp;A deals commonplace, thereby increasing competitive pressures over time.</p>\n<p>One benefit of being a public company will be its ability to use its stock as M&amp;A consideration as the need arises.</p>\n<p>As for valuation, compared to PING, ForgeRock is seeking a higher revenue multiple valuation at IPO, although the firm is growing topline revenue at a higher rate, so the premium sought appears to be reasonable.</p>\n<p>Given FORG’s strong growth trajectory, healthy operating metrics, reduced negative operating margin and reasonable IPO pricing expectation, the IPO is worth consideration.</p>\n<p>Expected IPO Pricing Date: September 15, 2021.</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>IPO Update: ForgeRock Readies $248 Million IPO Plan</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIPO Update: ForgeRock Readies $248 Million IPO Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 11:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4454085-ipo-update-forgerock-readies-248-million-ipo-plan><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nForgeRock has filed proposed terms for a $248 million IPO.\nThe firm provides security Identity-as-a-Service technologies to organizations worldwide.\nFORG has grown quickly, is reducing its ...</p>\n\n<a href=\"https://seekingalpha.com/article/4454085-ipo-update-forgerock-readies-248-million-ipo-plan\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FORG":"ForgeRock, Inc."},"source_url":"https://seekingalpha.com/article/4454085-ipo-update-forgerock-readies-248-million-ipo-plan","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1108703048","content_text":"Summary\n\nForgeRock has filed proposed terms for a $248 million IPO.\nThe firm provides security Identity-as-a-Service technologies to organizations worldwide.\nFORG has grown quickly, is reducing its operating losses, and the IPO appears reasonably valued, so is worth a close look.\n\nQuick Take\nForgeRock (FORG) has filed to raise $248 million from the sale of its Class A common stock in an IPO, according to an amendedregistration statement.\nThe company provides security Identity-as-a-Service technologies to enterprises worldwide.\nGiven FORG’s strong growth trajectory, healthy operating metrics, reduced negative operating margin and reasonable IPO pricing expectation, the IPO is worth consideration.\nCompany & Technology\nSan Francisco, California-based ForgeRock was founded to develop a digital identity management platform for various identity types and cloud deployments.\nManagement is headed by president and CEO Francis Rosch, who has been with the firm since June 2018 and was previously EVP at Symantec.\nThe company’s primary offerings by identity type include:\n\nConsumer\nWorkforce\nIoT & Services\n\nForgeRock has received at least $263 million in equity investment from investors including Accel, Riverwood, Meritech, Foundation Capital, KKR Fox and GravityRock A.S.\nCustomer/User Acquisition\nThe firm pursues client relationships with medium and large enterprises via its direct sales and marketing efforts\nFORG's platform can support over 216 million access transactions per hour, securing thousands of applications across types, operating environments and deployments, whether in public, private, hybrid cloud or on-premises infrastructures.\nSales and Marketing expenses as a percentage of total revenue have dropped as revenues have increased, as the figures below indicate:\nThe Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, rose to 0.7x in the most recent reporting period, as shown in the table below:\nThe Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.\nFORG’s most recent calculation was 42% as of June 30, 2021, so the firm is performing well in this regard, per the table below:\nThe firm’s dollar-based net revenue retention rate for the six months ended June 30, 2021 was 113%, a solid result.\nThe dollar-based net revenue retention rate metric measures how much additional revenue is generated over time from each cohort of customers, so that a figure over 100% means that the company is generating more revenue from the same customer cohort over time, indicating good product/market fit and efficient sales and marketing efforts.\nMarket & Competition\nAccording to a 2020 marketresearch reportby Grand View Research, the global identity as a service [IDaaS] market was an estimated $3.34 billion in 2019 and is forecast to reach $16 billion by 2027.\nThis represents a forecast very strong CAGR of 22.0% from 2020 to 2027.\nThe main drivers for this expected growth are an increasing number of regulatory mandates and growing complexity of environments with multiple stakeholders and user types using their own devices [BYOD].\nAlso, an increasing number of employees working remotely is putting further demand on services that safely and efficiently secure this type of access.\nBelow is a chart showing the historical and projected future U.S. IDaaS market size:\nMajor competitive or other industry participants include:\n\nCA Technologies\nOkta(NASDAQ:OKTA)\nSailPoint(NYSE:SAIL)\nIBM(NYSE:IBM)\nOracle(NYSE:ORCL)\nCyberArk(NASDAQ:CYBR)\nPing Identity(NYSE:PING)\nOneLogin\nAuth0\nCentrify\nHomegrown, in-house solutions\n\nFinancial Performance\nForgeRock’s recent financial results can be summarized as follows:\n\nSharply growing top line revenue\nIncreasing gross profit but slightly reduced gross margin\nReduced operating losses\nUneven but significant cash used from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\nAs of June 30, 2021, ForgeRock had $33.4 million in cash and $128.3 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was negative ($40.3 million).\nIPO Details\nFORG intends to sell 11 million shares of Class A common stock at a proposed midpoint price of $22.50 per share for gross proceeds of approximately $247.5 million, not including the sale of customary underwriter options.\nNo existing shareholders have indicated an interest to purchase shares at the IPO price.\nClass A common stockholders will be entitled to one vote per share and Class B shareholders will have ten votes per share.\nThe S&P 500 Index no longer admits firms with multiple classes of stock into its index.\nAssuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $1.5 billion.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 13.86%. A figure under 10% is generally considered a ‘low float’ stock which can be subject to significant price volatility.\nPer the firm’s most recent regulatory filing, it plans to use the net proceeds as follows:\n\n We intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses and capital expenditures. We also intend to use a portion of the net proceeds we receive from this offering to satisfy our anticipated tax withholding and remittance obligations, which we anticipate to be approximately $3.5 million, related to the RSU Settlement.\n\nManagement’s presentation of the company roadshow isavailable here.\nRegarding outstanding legal proceedings, management has disclosed no material legal claims or proceedings as of the regulatory filing date.\nListed bookrunners of the IPO are Morgan Stanley, J.P. Morgan, Deutsche Bank Securities, Mizuho Securities and other investment banks.\nValuation Metrics\nBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:\nAs a reference, a potential public comparable would be Ping Identity (PING); shown below is a comparison of their primary valuation metrics:\nCommentary\nFORG is seeking an IPO to make a public market for its stock and to fund its unspecified general corporate expansion plans.\nThe company’s financial results show strong top line revenue growth and gross profit growth.\nOperating losses and negative operating margin have dropped significantly as it appears the firm is making progress toward operating breakeven, at least so far in 2021.\nFree cash flow for the twelve months ended June 30, 2021, was negative ($40.3 million), a large use of cash on an annual revenue run rate of $160 million.\nSales and Marketing expenses as a percentage of total revenue have dropped as revenue has increased; its Sales and Marketing efficiency rate rose to 0.7x in the most recent six-month reporting period.\nThe firm’s dollar-based net revenue retention rate for the six months ended June 30, 2021 was 113%, a good result, as it indicates good product market fit and efficient sales & marketing efforts.\nThe market opportunity for providing identity as a service technologies is expected to grow at a very high rate over the coming years, so the company will enjoy strong industry growth dynamics in its favor.\nMorgan Stanley is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 26.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the company’s outlook is the fluid nature of the security industry, with M&A deals commonplace, thereby increasing competitive pressures over time.\nOne benefit of being a public company will be its ability to use its stock as M&A consideration as the need arises.\nAs for valuation, compared to PING, ForgeRock is seeking a higher revenue multiple valuation at IPO, although the firm is growing topline revenue at a higher rate, so the premium sought appears to be reasonable.\nGiven FORG’s strong growth trajectory, healthy operating metrics, reduced negative operating margin and reasonable IPO pricing expectation, the IPO is worth consideration.\nExpected IPO Pricing Date: September 15, 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885144309,"gmtCreate":1631770508301,"gmtModify":1676530631189,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi can someone help to like my comment? Thank you!","listText":"Hi can someone help to like my comment? Thank you!","text":"Hi can someone help to like my comment? Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885144309","repostId":"2167515516","repostType":4,"repost":{"id":"2167515516","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":1631766155,"share":"https://ttm.financial/m/news/2167515516?lang=&edition=fundamental","pubTime":"2021-09-16 12:22","market":"us","language":"en","title":"Malaysia's Kimanis oil exports to fall on issue at Shell field - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2167515516","media":"Reuters","summary":"SINGAPORE, Sept 16 (Reuters) - Exports of Malaysia's flagship crude oil Kimanis will fall in October","content":"<p>SINGAPORE, Sept 16 (Reuters) - Exports of Malaysia's flagship crude oil Kimanis will fall in October and November following a production issue at an offshore oilfield operated by Royal Dutch Shell , three sources with knowledge of the matter said.</p>\n<p>Petroleum Brunei, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the stakeholders, cancelled a tender to sell a Kimanis crude cargo that was supposed to load in early November because of the problem, one of the sources said.</p>\n<p>Kimanis crude production has fallen to about 117,000 barrels per day and the volume of each cargo loading in October has also been trimmed, another of the sources said.</p>\n<p>The outage will tighten Asia's sweet crude supplies, which could support prices for similar exports from Vietnam and the Atlantic Basin, traders said.</p>\n<p>Shell, Petroleum Brunei and Malaysia's state energy firm Petronas could not be immediately reached for comment.</p>\n<p>A leak was recently discovered at a compressor unit at the Gumusut-Kakap oilfield off Sabah in East Malaysia which had been shut in August for maintenance, the second source said.</p>\n<p>The unit, which was supposed to resume operations this month, will remain shut until repair works are carried out in November, he said.</p>\n<p>The loading dates for cargoes originally scheduled to be exported in end-September to November have also been pushed back by three to 12 days, he added.</p>\n<p>Other stakeholders of Kimanis production include Indonesia's Pertamina , Thailand's PTTEP and ConocoPhillips .</p>\n<p>Shell operates the two deepwater fields Gumusut-Kakap and Malikai that lie offshore Sabah, capable of producing 170,000 bpd of Kimanis crude at peak.</p>\n<p>Production of Kimanis crude has been falling in recent years but still makes up the bulk of Malaysia's exports.</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>Malaysia's Kimanis oil exports to fall on issue at Shell field - sources</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\">\nMalaysia's Kimanis oil exports to fall on issue at Shell field - sources\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\">2021-09-16 12:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINGAPORE, Sept 16 (Reuters) - Exports of Malaysia's flagship crude oil Kimanis will fall in October and November following a production issue at an offshore oilfield operated by Royal Dutch Shell , three sources with knowledge of the matter said.</p>\n<p>Petroleum Brunei, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the stakeholders, cancelled a tender to sell a Kimanis crude cargo that was supposed to load in early November because of the problem, one of the sources said.</p>\n<p>Kimanis crude production has fallen to about 117,000 barrels per day and the volume of each cargo loading in October has also been trimmed, another of the sources said.</p>\n<p>The outage will tighten Asia's sweet crude supplies, which could support prices for similar exports from Vietnam and the Atlantic Basin, traders said.</p>\n<p>Shell, Petroleum Brunei and Malaysia's state energy firm Petronas could not be immediately reached for comment.</p>\n<p>A leak was recently discovered at a compressor unit at the Gumusut-Kakap oilfield off Sabah in East Malaysia which had been shut in August for maintenance, the second source said.</p>\n<p>The unit, which was supposed to resume operations this month, will remain shut until repair works are carried out in November, he said.</p>\n<p>The loading dates for cargoes originally scheduled to be exported in end-September to November have also been pushed back by three to 12 days, he added.</p>\n<p>Other stakeholders of Kimanis production include Indonesia's Pertamina , Thailand's PTTEP and ConocoPhillips .</p>\n<p>Shell operates the two deepwater fields Gumusut-Kakap and Malikai that lie offshore Sabah, capable of producing 170,000 bpd of Kimanis crude at peak.</p>\n<p>Production of Kimanis crude has been falling in recent years but still makes up the bulk of Malaysia's exports.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SCO":"二倍做空彭博原油指数ETF","RDS.B":"荷兰皇家壳牌石油B类股","DUG":"二倍做空石油与天然气ETF(ProShares)","RDS.A":"荷兰皇家壳牌石油A类股","DDG":"ProShares做空石油与天然气ETF","UCO":"二倍做多彭博原油ETF","USO":"美国原油ETF","DWT":"三倍做空原油ETN","COP":"康菲石油"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167515516","content_text":"SINGAPORE, Sept 16 (Reuters) - Exports of Malaysia's flagship crude oil Kimanis will fall in October and November following a production issue at an offshore oilfield operated by Royal Dutch Shell , three sources with knowledge of the matter said.\nPetroleum Brunei, one of the stakeholders, cancelled a tender to sell a Kimanis crude cargo that was supposed to load in early November because of the problem, one of the sources said.\nKimanis crude production has fallen to about 117,000 barrels per day and the volume of each cargo loading in October has also been trimmed, another of the sources said.\nThe outage will tighten Asia's sweet crude supplies, which could support prices for similar exports from Vietnam and the Atlantic Basin, traders said.\nShell, Petroleum Brunei and Malaysia's state energy firm Petronas could not be immediately reached for comment.\nA leak was recently discovered at a compressor unit at the Gumusut-Kakap oilfield off Sabah in East Malaysia which had been shut in August for maintenance, the second source said.\nThe unit, which was supposed to resume operations this month, will remain shut until repair works are carried out in November, he said.\nThe loading dates for cargoes originally scheduled to be exported in end-September to November have also been pushed back by three to 12 days, he added.\nOther stakeholders of Kimanis production include Indonesia's Pertamina , Thailand's PTTEP and ConocoPhillips .\nShell operates the two deepwater fields Gumusut-Kakap and Malikai that lie offshore Sabah, capable of producing 170,000 bpd of Kimanis crude at peak.\nProduction of Kimanis crude has been falling in recent years but still makes up the bulk of Malaysia's exports.","news_type":1},"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881385207,"gmtCreate":1631293411809,"gmtModify":1676530523251,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi can anyone give me 1 like? Thank you!","listText":"Hi can anyone give me 1 like? Thank you!","text":"Hi can anyone give me 1 like? Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881385207","repostId":"2166375610","repostType":4,"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811232163,"gmtCreate":1630325578652,"gmtModify":1676530268874,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Give me 1 like pls. Thank you","listText":"Give me 1 like pls. Thank you","text":"Give me 1 like pls. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/811232163","repostId":"2163853228","repostType":4,"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839966939,"gmtCreate":1629117402721,"gmtModify":1676529935310,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Give me a like pls. Thank you!","listText":"Give me a like pls. Thank you!","text":"Give me a like pls. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/839966939","repostId":"1100926340","repostType":4,"repost":{"id":"1100926340","pubTimestamp":1629116560,"share":"https://ttm.financial/m/news/1100926340?lang=&edition=fundamental","pubTime":"2021-08-16 20:22","market":"us","language":"en","title":"US agency opens formal probe into Tesla Autopilot system","url":"https://stock-news.laohu8.com/highlight/detail?id=1100926340","media":"APNews","summary":"DETROIT (AP) — The U.S. government has opened a formal investigation into Tesla’s Autopilot partiall","content":"<p>DETROIT (AP) — The U.S. government has opened a formal investigation into Tesla’s Autopilot partially automated driving system, saying it has trouble spotting parked emergency vehicles.</p>\n<p>The investigation covers 765,000 vehicles, almost everything that <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> has sold in the U.S. since the start of the 2014 model year.</p>\n<p>The National&nbsp;Highway&nbsp;Traffic Safety Administration announced the action Monday in a posting on its website.</p>\n<p>The agency says it has identified 11 crashes since 2018 in which Teslas on Autopilot or Traffic Aware&nbsp;Cruise Control have hit vehicles with flashing lights, flares, an illuminated arrow board or cones warning of hazards.</p>\n<p>The investigation covers Tesla’s entire current model lineup, the Models Y, X, S and 3 from the 2014 through 2021 model years.</p>\n<p>Autopilot has frequently been misused by Tesla drivers, who have been caught driving drunk or even riding in the back seat while a car rolled down a California highway.</p>\n<p>The agency has sent investigative teams to 31 crashes involving partially automated driver assist systems since June of 2016. Such systems can keep a vehicle centered in its lane and a safe distance from vehicles in front of it. Of those crashes, 25 involved Tesla Autopilot in which 10 deaths were reported, according to data released by the agency.</p>\n<p>Tesla and other manufacturers warn that drivers using the systems must be ready to intervene at all times. Teslas using the system have crashed into semis crossing in front of them, stopped emergency vehicles and a roadway barrier.</p>\n<p>A message was left early Monday seeking comment from Tesla, which has disbanded its media relations office.</p>\n<p>The crashes into emergency vehicles cited by NHTSA began on Jan. 22, 2018 in Culver City, California, near Los Angeles when a Tesla using Autopilot struck a parked firetruck that was parked partially in the travel lanes with its lights flashing. Crews were handling another crash at the time.</p>\n<p>Since then, the agency said there were crashes in Laguna Beach, California; Norwalk, Connecticut; Cloverdale, Indiana; West&nbsp;Bridgewater, Massachusetts; Cochise County, Arizona; Charlotte, North Carolina, Montgomery County, Texas; Lansing, Michigan; and Miami, Florida.</p>\n<p>The National Transportation Safety Board, which also has investigated some of the Tesla crashes, has recommended that NHTSA and Tesla limit Autopilot’s use to areas where it can safely operate. The NTSB also recommended that NHTSA require Tesla to have a better system to make sure drivers are paying attention. NHTSA has not taken action on any of the recommendations.</p>\n<p>In June NHTSA ordered all automakers to report any crashes involving fully autonomous vehicles or partially automated driver assist systems.</p>\n<p>The measures show the agency has started to take a tougher stance on automated vehicle safety than in the past. It has been reluctant to issue any regulations of the new technology for fear of hampering adoption of the potentially life-saving systems.</p>\n<p>Shares of Tesla Inc., based in Palo Alto, California, fell 1.89% before the opening bell.</p>\n<p><img src=\"https://static.tigerbbs.com/42ae228930fbef741b17d88d9244ed3b\" tg-width=\"720\" tg-height=\"593\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1628146357131","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US agency opens formal probe into Tesla Autopilot system</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS agency opens formal probe into Tesla Autopilot system\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://apnews.com/article/technology-business-61557d668b646e7ef48c5543d3a1c66c><strong>APNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DETROIT (AP) — The U.S. government has opened a formal investigation into Tesla’s Autopilot partially automated driving system, saying it has trouble spotting parked emergency vehicles.\nThe ...</p>\n\n<a href=\"https://apnews.com/article/technology-business-61557d668b646e7ef48c5543d3a1c66c\">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://apnews.com/article/technology-business-61557d668b646e7ef48c5543d3a1c66c","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100926340","content_text":"DETROIT (AP) — The U.S. government has opened a formal investigation into Tesla’s Autopilot partially automated driving system, saying it has trouble spotting parked emergency vehicles.\nThe investigation covers 765,000 vehicles, almost everything that Tesla Motors has sold in the U.S. since the start of the 2014 model year.\nThe National Highway Traffic Safety Administration announced the action Monday in a posting on its website.\nThe agency says it has identified 11 crashes since 2018 in which Teslas on Autopilot or Traffic Aware Cruise Control have hit vehicles with flashing lights, flares, an illuminated arrow board or cones warning of hazards.\nThe investigation covers Tesla’s entire current model lineup, the Models Y, X, S and 3 from the 2014 through 2021 model years.\nAutopilot has frequently been misused by Tesla drivers, who have been caught driving drunk or even riding in the back seat while a car rolled down a California highway.\nThe agency has sent investigative teams to 31 crashes involving partially automated driver assist systems since June of 2016. Such systems can keep a vehicle centered in its lane and a safe distance from vehicles in front of it. Of those crashes, 25 involved Tesla Autopilot in which 10 deaths were reported, according to data released by the agency.\nTesla and other manufacturers warn that drivers using the systems must be ready to intervene at all times. Teslas using the system have crashed into semis crossing in front of them, stopped emergency vehicles and a roadway barrier.\nA message was left early Monday seeking comment from Tesla, which has disbanded its media relations office.\nThe crashes into emergency vehicles cited by NHTSA began on Jan. 22, 2018 in Culver City, California, near Los Angeles when a Tesla using Autopilot struck a parked firetruck that was parked partially in the travel lanes with its lights flashing. Crews were handling another crash at the time.\nSince then, the agency said there were crashes in Laguna Beach, California; Norwalk, Connecticut; Cloverdale, Indiana; West Bridgewater, Massachusetts; Cochise County, Arizona; Charlotte, North Carolina, Montgomery County, Texas; Lansing, Michigan; and Miami, Florida.\nThe National Transportation Safety Board, which also has investigated some of the Tesla crashes, has recommended that NHTSA and Tesla limit Autopilot’s use to areas where it can safely operate. The NTSB also recommended that NHTSA require Tesla to have a better system to make sure drivers are paying attention. NHTSA has not taken action on any of the recommendations.\nIn June NHTSA ordered all automakers to report any crashes involving fully autonomous vehicles or partially automated driver assist systems.\nThe measures show the agency has started to take a tougher stance on automated vehicle safety than in the past. It has been reluctant to issue any regulations of the new technology for fear of hampering adoption of the potentially life-saving systems.\nShares of Tesla Inc., based in Palo Alto, California, fell 1.89% before the opening bell.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830944715,"gmtCreate":1629005365437,"gmtModify":1676529909472,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Please kindly help me like my comment! Thank you very much!&nbsp;","listText":"Please kindly help me like my comment! Thank you very much!&nbsp;","text":"Please kindly help me like my comment! Thank you very much!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/830944715","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":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898278766,"gmtCreate":1628505743655,"gmtModify":1703507218358,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Please kindly help me to like my comment.&nbsp;Thank you very much.&nbsp;","listText":"Please kindly help me to like my comment.&nbsp;Thank you very much.&nbsp;","text":"Please kindly help me to like my comment. Thank you very much.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/898278766","repostId":"2157492988","repostType":4,"repost":{"id":"2157492988","pubTimestamp":1628480467,"share":"https://ttm.financial/m/news/2157492988?lang=&edition=fundamental","pubTime":"2021-08-09 11:41","market":"us","language":"en","title":"3 Top Large-Cap Stocks to Buy in August","url":"https://stock-news.laohu8.com/highlight/detail?id=2157492988","media":"Motley Fool","summary":"These three large-cap stocks provide growth and stability.","content":"<p>Investors need large-cap stocks in their portfolios. These proven companies provide the bulk of index returns, as both the <b>S&amp;P 500</b> and <b>Nasdaq</b> <b>Composite</b> are weighted by market capitalization. Large cap stocks have also earned their massive sizes due to their histories of exceeding expectations and making patient investors steady returns.</p>\n<p>The trade-off has always been framed as sacrificing growth for the stability large-cap stocks provide. But investors are increasingly rejecting this false narrative as many large-cap tech stocks continue to post above-average growth rates. These three large-cap companies offer the stability of large-cap stocks, with above-average growth potential.<img src=\"https://static.tigerbbs.com/a473d5ba64c80633f42466d051223667\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image Source: Getty Images</p>\n<h2><b>Amazon's \"slowing growth\" narrative is too bearish</b></h2>\n<p><b>Amazon</b> (NASDAQ:AMZN) has made quite a few investors rich on its way to a $1.7 trillion market cap, including its founder Jeff Bezos -- now the second-richest man in the world. If you had invested $10,000 at its market debut in 1997, your stake would be worth more than $20 million today!</p>\n<p>That said, shares of Amazon are trailing the S&amp;P 500 this year, posting a 3% return versus 17% for the index. Despite posting a year-over-year revenue increase of 27%, Amazon missed analyst expectations of a 29% top-line beat. Additionally, the company guided for third-quarter revenue to come in at $109 billion at the midpoint, below consensus estimates of $119 billion.</p>\n<p>After being faulted for having no earnings for years, Amazon smashed earnings per share estimates by 23% despite missing on the top line. Ironically, investors ignored the increased profitability of the business to focus on slowing growth.</p>\n<p>There are reasons for long-term investors to consider this nothing but noise. Pandemic lockdowns boosted demand for e-commerce last year, which made 2021 a difficult year for comparisons. However, Amazon's higher-margin business segments like third-party seller services (38%), AWS (37%), and subscription services (32%) all outperformed analyst expectations.</p>\n<p>However, what's exciting is the company's catch-all other division, which is mostly advertising. During the quarter, revenue attributable to other increased 87% and is now half the size of AWS. Amazon's temporary sell-off has given long-term investors an attractive entry point.</p>\n<h2><b><a href=\"https://laohu8.com/S/FB\">Facebook</a>'s slowing user-growth isn't an issue</b></h2>\n<p><b>Facebook</b>'s (NASDAQ:FB) Mark Zuckerberg isn't as rich as Bezos, trailing him by an estimated $70 billion, but at 37 he still has a long career ahead of him. Zuckerberg has grown Facebook from an idea to a $1 trillion market cap, and shares are currently 840% higher than their $38 IPO price nine years ago. And there are still long-term drivers drivers ahead for the company.</p>\n<p>Facebook's stock rally was halted in its tracks due to second-quarter earnings, despite growing revenue by 56% and EPS by 101% -- both higher than consensus estimates. Investors were disappointed with the company's commentary on revenue growth in the back half of 2021 and the fact that daily active users in the lucrative U.S. and Canadian markets declined from the prior year's corresponding period.</p>\n<p>Like Amazon, Facebook is seeing a return to normal after the pandemic. Social media usage understandably exploded during the pandemic, and a return to more in-person events was always going to impact the company's engagement.</p>\n<p>Despite the modest yearly decline in daily active users (DAUs) (1.5%), the company still has 195 million people across the U.S. and Canada logging into a Facebook product daily, and can monetize users by raising costs per ad, like it did this quarter.</p>\n<p>Zuckerberg is now focused on his most audacious plans yet -- the metaverse. The company acquired virtual reality company Oculus in 2014, and plans to use its headsets to create an entirely new virtual world for users. The potential upside could be bigger than anything it's done yet.</p>\n<h2><b>Apple is going from strength to strength</b></h2>\n<p>By now, you might have identified a theme in the above stocks, as all are mega-cap tech companies that sold off after earnings. Against that backdrop, <b>Apple</b> (NASDAQ:AAPL) is a natural fit, as shares moderately sold off after the company reported fiscal third-quarter earnings. Although its market cap is approaching $2.5 trillion, the company continues to have growth drivers.</p>\n<p>Despite concerns that the iPhone market was saturated, Apple grew revenue attributable to the device 50% over the prior year and boosted total revenue higher by 36%. Although Apple easily topped analyst expectations for revenue and earnings, investors reacted negatively to commentary from CEO Tim Cook that chip shortages could impact iPhone and iPad sales in the current quarter.</p>\n<p>While shortages are never ideal, in the short term this is an example of a \"good problem.\" Demand outstripping supply means your product is coveted, and it's unlikely many iPhone users will step out of its ecosystem to buy an Android. In fact, it's this sticky user base that will power Apple's next phase of growth, as Apple has been aggressive at monetizing its installed base with services and recurring subscription-based revenue.</p>\n<p>Revenue attributable to services grew 33% over the prior year, an acceleration from the 27% growth rate the prior quarter. During the earnings call, Cook noted the company has nearly 700 million subscribers, a 27% increase from the prior year. Ignore the short-term chip bottleneck, Apple has many growth levers to pull going forward.</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>3 Top Large-Cap Stocks to Buy in August</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top Large-Cap Stocks to Buy in August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 11:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/07/3-top-large-cap-stocks-to-buy-in-august/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors need large-cap stocks in their portfolios. These proven companies provide the bulk of index returns, as both the S&P 500 and Nasdaq Composite are weighted by market capitalization. Large cap...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/07/3-top-large-cap-stocks-to-buy-in-august/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/08/07/3-top-large-cap-stocks-to-buy-in-august/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157492988","content_text":"Investors need large-cap stocks in their portfolios. These proven companies provide the bulk of index returns, as both the S&P 500 and Nasdaq Composite are weighted by market capitalization. Large cap stocks have also earned their massive sizes due to their histories of exceeding expectations and making patient investors steady returns.\nThe trade-off has always been framed as sacrificing growth for the stability large-cap stocks provide. But investors are increasingly rejecting this false narrative as many large-cap tech stocks continue to post above-average growth rates. These three large-cap companies offer the stability of large-cap stocks, with above-average growth potential.\nImage Source: Getty Images\nAmazon's \"slowing growth\" narrative is too bearish\nAmazon (NASDAQ:AMZN) has made quite a few investors rich on its way to a $1.7 trillion market cap, including its founder Jeff Bezos -- now the second-richest man in the world. If you had invested $10,000 at its market debut in 1997, your stake would be worth more than $20 million today!\nThat said, shares of Amazon are trailing the S&P 500 this year, posting a 3% return versus 17% for the index. Despite posting a year-over-year revenue increase of 27%, Amazon missed analyst expectations of a 29% top-line beat. Additionally, the company guided for third-quarter revenue to come in at $109 billion at the midpoint, below consensus estimates of $119 billion.\nAfter being faulted for having no earnings for years, Amazon smashed earnings per share estimates by 23% despite missing on the top line. Ironically, investors ignored the increased profitability of the business to focus on slowing growth.\nThere are reasons for long-term investors to consider this nothing but noise. Pandemic lockdowns boosted demand for e-commerce last year, which made 2021 a difficult year for comparisons. However, Amazon's higher-margin business segments like third-party seller services (38%), AWS (37%), and subscription services (32%) all outperformed analyst expectations.\nHowever, what's exciting is the company's catch-all other division, which is mostly advertising. During the quarter, revenue attributable to other increased 87% and is now half the size of AWS. Amazon's temporary sell-off has given long-term investors an attractive entry point.\nFacebook's slowing user-growth isn't an issue\nFacebook's (NASDAQ:FB) Mark Zuckerberg isn't as rich as Bezos, trailing him by an estimated $70 billion, but at 37 he still has a long career ahead of him. Zuckerberg has grown Facebook from an idea to a $1 trillion market cap, and shares are currently 840% higher than their $38 IPO price nine years ago. And there are still long-term drivers drivers ahead for the company.\nFacebook's stock rally was halted in its tracks due to second-quarter earnings, despite growing revenue by 56% and EPS by 101% -- both higher than consensus estimates. Investors were disappointed with the company's commentary on revenue growth in the back half of 2021 and the fact that daily active users in the lucrative U.S. and Canadian markets declined from the prior year's corresponding period.\nLike Amazon, Facebook is seeing a return to normal after the pandemic. Social media usage understandably exploded during the pandemic, and a return to more in-person events was always going to impact the company's engagement.\nDespite the modest yearly decline in daily active users (DAUs) (1.5%), the company still has 195 million people across the U.S. and Canada logging into a Facebook product daily, and can monetize users by raising costs per ad, like it did this quarter.\nZuckerberg is now focused on his most audacious plans yet -- the metaverse. The company acquired virtual reality company Oculus in 2014, and plans to use its headsets to create an entirely new virtual world for users. The potential upside could be bigger than anything it's done yet.\nApple is going from strength to strength\nBy now, you might have identified a theme in the above stocks, as all are mega-cap tech companies that sold off after earnings. Against that backdrop, Apple (NASDAQ:AAPL) is a natural fit, as shares moderately sold off after the company reported fiscal third-quarter earnings. Although its market cap is approaching $2.5 trillion, the company continues to have growth drivers.\nDespite concerns that the iPhone market was saturated, Apple grew revenue attributable to the device 50% over the prior year and boosted total revenue higher by 36%. Although Apple easily topped analyst expectations for revenue and earnings, investors reacted negatively to commentary from CEO Tim Cook that chip shortages could impact iPhone and iPad sales in the current quarter.\nWhile shortages are never ideal, in the short term this is an example of a \"good problem.\" Demand outstripping supply means your product is coveted, and it's unlikely many iPhone users will step out of its ecosystem to buy an Android. In fact, it's this sticky user base that will power Apple's next phase of growth, as Apple has been aggressive at monetizing its installed base with services and recurring subscription-based revenue.\nRevenue attributable to services grew 33% over the prior year, an acceleration from the 27% growth rate the prior quarter. During the earnings call, Cook noted the company has nearly 700 million subscribers, a 27% increase from the prior year. Ignore the short-term chip bottleneck, Apple has many growth levers to pull going forward.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891739578,"gmtCreate":1628425519694,"gmtModify":1703506129196,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Hi pls kindly Help me like my comment. Thank you very much!","listText":"Hi pls kindly Help me like my comment. Thank you very much!","text":"Hi pls kindly Help me like my comment. Thank you very much!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/891739578","repostId":"2157901414","repostType":4,"repost":{"id":"2157901414","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":1628406621,"share":"https://ttm.financial/m/news/2157901414?lang=&edition=fundamental","pubTime":"2021-08-08 15:10","market":"fut","language":"en","title":"Saudi Aramco Q2 profit soars on higher prices, demand recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2157901414","media":"Reuters","summary":"DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold","content":"<p>DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand.</p>\n<p>Aramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets.</p>\n<p>Oil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.</p>\n<p>Net profit rose to 95.47 billion riyals ($25.46 billion) for the quarter to June 30 from 24.62 billion riyals a year earlier.</p>\n<p>Analysts had expected a net profit of $23.2 billion, according to the mean estimate from five analysts.</p>\n<p>It declared a dividend of $18.8 billion in the second quarter, which will be paid in the third quarter.</p>\n<p>\"Our second quarter results reflect a strong rebound in worldwide energy demand and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum,\" Aramco CEO Amin Nasser said in a statement.</p>\n<p>Aramco raised $6 billion in June with its first U.S. dollar-denominated sukuk sale, that was expected to help fund a large dividend that will mostly go to the government.</p>\n<p>A consortium including Washington DC-based EIG Global Energy Partners in June closed a deal to buy 49% of Aramco's pipelines business for $12.4 billion.</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>Saudi Aramco Q2 profit soars on higher prices, demand recovery</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\">\nSaudi Aramco Q2 profit soars on higher prices, demand recovery\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\">2021-08-08 15:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand.</p>\n<p>Aramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets.</p>\n<p>Oil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.</p>\n<p>Net profit rose to 95.47 billion riyals ($25.46 billion) for the quarter to June 30 from 24.62 billion riyals a year earlier.</p>\n<p>Analysts had expected a net profit of $23.2 billion, according to the mean estimate from five analysts.</p>\n<p>It declared a dividend of $18.8 billion in the second quarter, which will be paid in the third quarter.</p>\n<p>\"Our second quarter results reflect a strong rebound in worldwide energy demand and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum,\" Aramco CEO Amin Nasser said in a statement.</p>\n<p>Aramco raised $6 billion in June with its first U.S. dollar-denominated sukuk sale, that was expected to help fund a large dividend that will mostly go to the government.</p>\n<p>A consortium including Washington DC-based EIG Global Energy Partners in June closed a deal to buy 49% of Aramco's pipelines business for $12.4 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157901414","content_text":"DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand.\nAramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets.\nOil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.\nNet profit rose to 95.47 billion riyals ($25.46 billion) for the quarter to June 30 from 24.62 billion riyals a year earlier.\nAnalysts had expected a net profit of $23.2 billion, according to the mean estimate from five analysts.\nIt declared a dividend of $18.8 billion in the second quarter, which will be paid in the third quarter.\n\"Our second quarter results reflect a strong rebound in worldwide energy demand and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum,\" Aramco CEO Amin Nasser said in a statement.\nAramco raised $6 billion in June with its first U.S. dollar-denominated sukuk sale, that was expected to help fund a large dividend that will mostly go to the government.\nA consortium including Washington DC-based EIG Global Energy Partners in June closed a deal to buy 49% of Aramco's pipelines business for $12.4 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807178448,"gmtCreate":1628014832584,"gmtModify":1703499658383,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"This is my comment for today. Pls help me like it! Thank you!","listText":"This is my comment for today. Pls help me like it! Thank you!","text":"This is my comment for today. Pls help me like it! Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/807178448","repostId":"1106155875","repostType":4,"repost":{"id":"1106155875","pubTimestamp":1628002982,"share":"https://ttm.financial/m/news/1106155875?lang=&edition=fundamental","pubTime":"2021-08-03 23:03","market":"us","language":"en","title":"Uber stock drops ahead of earnings report amid driver shortage","url":"https://stock-news.laohu8.com/highlight/detail?id=1106155875","media":"seekingalpha","summary":"Uber shares are down 3% as the company heads toward reporting second-quarter earnings after the bell","content":"<p><a href=\"https://laohu8.com/S/UBER\">Uber</a> shares are down 3% as the company heads toward reporting second-quarter earnings after the bell tomorrow amid a driver shortage that could weigh down revenue.</p>\n<p><img src=\"https://static.tigerbbs.com/1f1082b49fa61acaaf2ce8b895f7277e\" tg-width=\"946\" tg-height=\"633\" width=\"100%\" height=\"auto\"></p>\n<p>Analysts expect $3.7B in revenue, up 20% quarter-over-quarter and 39% higher than the same period last year. Adjusted loss per share is expected to come in at $0.54.</p>\n<p>Last quarter, gross bookings increased 24% on the year to a record $19.5B as Mobility performance continued to improve and Delivery surged 166% on the year.</p>\n<p>The recovering demand comes with a driver shortage. Uber warned in May that bonuses and other driver incentives would reduce the company's fare rate by 20% this quarter.</p>\n<p>The company has stuck with its goal of achieving quarterly adjusted EBITDA profitability by the end of 2021. Last quarter, the adjusted EBITDA loss improved by $95M on the quarter to $359M.</p>\n<p></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>Uber stock drops ahead of earnings report amid driver shortage</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\">\nUber stock drops ahead of earnings report amid driver shortage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3723928-uber-stock-drops-ahead-of-earnings-report-amid-driver-shortage><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uber shares are down 3% as the company heads toward reporting second-quarter earnings after the bell tomorrow amid a driver shortage that could weigh down revenue.\n\nAnalysts expect $3.7B in revenue, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3723928-uber-stock-drops-ahead-of-earnings-report-amid-driver-shortage\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"https://seekingalpha.com/news/3723928-uber-stock-drops-ahead-of-earnings-report-amid-driver-shortage","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1106155875","content_text":"Uber shares are down 3% as the company heads toward reporting second-quarter earnings after the bell tomorrow amid a driver shortage that could weigh down revenue.\n\nAnalysts expect $3.7B in revenue, up 20% quarter-over-quarter and 39% higher than the same period last year. Adjusted loss per share is expected to come in at $0.54.\nLast quarter, gross bookings increased 24% on the year to a record $19.5B as Mobility performance continued to improve and Delivery surged 166% on the year.\nThe recovering demand comes with a driver shortage. Uber warned in May that bonuses and other driver incentives would reduce the company's fare rate by 20% this quarter.\nThe company has stuck with its goal of achieving quarterly adjusted EBITDA profitability by the end of 2021. Last quarter, the adjusted EBITDA loss improved by $95M on the quarter to $359M.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832955749,"gmtCreate":1629568113481,"gmtModify":1676530071504,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Please help me to like my comment. Thank you very much!&nbsp;","listText":"Please help me to like my comment. Thank you very much!&nbsp;","text":"Please help me to like my comment. Thank you very much!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/832955749","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","pubTimestamp":1629728324,"share":"https://ttm.financial/m/news/1151608193?lang=&edition=fundamental","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</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\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page\">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","TSM":"台积电","GOOG":"谷歌","ON":"安森美半导体","CDNS":"铿腾电子","AMZN":"亚马逊","GOOGL":"谷歌A","SOXX":"iShares费城交易所半导体ETF","ASML":"阿斯麦","AAPL":"苹果","QCOM":"高通","SSNLF":"三星电子","SNPS":"新思科技"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836686456,"gmtCreate":1629476130775,"gmtModify":1676530055285,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Can help to like my comment pls? Appreciate it. Thank you.","listText":"Can help to like my comment pls? Appreciate it. Thank you.","text":"Can help to like my comment pls? Appreciate it. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/836686456","repostId":"2160105657","repostType":4,"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882931402,"gmtCreate":1631638685506,"gmtModify":1676530597812,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Please heLp to like mY commeNt. ThanK you!","listText":"Please heLp to like mY commeNt. ThanK you!","text":"Please heLp to like mY commeNt. ThanK you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882931402","repostId":"1149444561","repostType":4,"repost":{"id":"1149444561","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631637038,"share":"https://ttm.financial/m/news/1149444561?lang=&edition=fundamental","pubTime":"2021-09-15 00:30","market":"us","language":"en","title":"Sportradar fell 0.83% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1149444561","media":"Tiger Newspress","summary":"Online betting company Sportradar opened at $27 each on Tuesday.\n\nEverything To Like About The Sport","content":"<p>Online betting company Sportradar opened at $27 each on Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/50aafa6b5817c8055173c9017ac900d2\" tg-width=\"1080\" tg-height=\"2240\" referrerpolicy=\"no-referrer\"></p>\n<p>Everything To Like About The Sportradar IPO</p>\n<p><b>Summary</b></p>\n<ul>\n <li>Sportradar Group AG is preparing to go public at a valuation of $7.8 billion and will raise over $500 million.</li>\n <li>Sportradar plays an important, though indirect role in the rapidly growing sports betting industry. However, it faces tough competition.</li>\n <li>Sportradar’s finances are in good shape with high growth and a positive net profit, and its valuation appears low relative to competitors.</li>\n <li>Investors should strongly consider this company when it goes public.</li>\n</ul>\n<p>Sportradar (NASDAQ:SRAD) has released pricing information about its upcoming IPO.Renaissance Capitalreported on Tuesday that Sportradar “plans to raise $504 million by offering 19 million shares at a price range of $25 to $28,” as well as an additional $159 million concurrent private placement. This will give the Swiss company a valuation of $7.8 billion at the midpoint range.</p>\n<p>These numbers may be a tiny disappointment for Sportradar, as it had been reportedly shooting for a$10 billion valuationearlier in the year by undergoing a SPAC. But it is great news for investors, as there is a great deal to like about Sportradar. The sports company is in a market with major growth potential, is profitable, and has been growing rapidly. Concerns remain such as COVID and other competition, but investors should strongly consider getting in on this company as soon as possible especially compared to its main competitors.</p>\n<p><b>Sports Gambling Market Potential</b></p>\n<p>Sports betting has become increasingly accepted and thus a more lucrative market in recent years, as governments have legalized it for the first time.Front Office Sportsreported in June that the US sports betting market could reach $37 billion by 2025 compared to its present value of $9.5 billion. Furthermore, the global sports betting market could reach as much as $144 billion by the same timeframe. And while there are some concerns due to COVID, it is highly unlikely that sports leagues will once again start canceling their events going forward.</p>\n<p>Sportradar’s plan is to be the company selling shovels in this betting gold rush. What it intends to sell is information. Sportradar works with sports leagues across the world to help compile sports data. This data helps betting companies set better odds, helps bettors know that the betting company is not making any mistakes, and helps media companies know that they have the right data.</p>\n<p>The right data is not just about tracking points, home runs, or touchdowns. Sportradar claims in itsF-1/Athat it tracks “over 1.2 billion live data points per year from over 600,000 events in 37 sports,” which created over 21 billion odds changes. Furthermore, Sportradar has a strong data rights portfolio, as it has partnerships with the NBA, MLB, and NHL among other sports leagues across the world.</p>\n<p>These factors point to a company with major growth potential, but then there is the issue of competition. Sportradar’s primary competitor is Genius Sports (NYSE:GENI), which went public this April. After some stumbles a few weeks back, Genius has performed well and has a market cap of $4.23 billion as of the time of writing. While smaller than what Sportradar is aiming for, Genius does have a prized partnership with the NFL and reported a revenue growth of 108% a few days ago perCNBC.</p>\n<p>Sportradar will need to show how it can continue to distinguish itself from its competitors like Genius, as well as Stats Perform, IMGArena, and BetConstruct. But the company has a Dollar-Based Net Retention Rate of 138% which shows an ability to keep customers. Furthermore, the massive potential of the sports betting market means that Sportradar will be able to keep growing without having to poach from competitors.</p>\n<p><b>Finances and Valuation</b></p>\n<p>Sportradar’s growth potential is shown by its finances, where it is the rare tech company which can report both high growth and profitability. The company reported a revenue of $318 million in the first half of 2021, up 42% from the same time period last year. This is probably elevated due to the pandemic depressing 2020 revenue as it only grew 6% in 2020, but Sportradar reports a CAGR of 25% going back to 2016. That is a more reasonable yet still sufficient growth rate.</p>\n<p>Furthermore, Sportradar reported a net income of over $20 million in the first half of 2021 and has a history of profitability going back to at least 2019. Cash flow is also positive, with a net gain of $67 million in cash from operating activities in the first half of 2021.</p>\n<p>Finally, Sportradar reports having $223 million in cash against $967 million in total liabilities. What these numbers show is that Sportradar is rapidly growing, though admittedly not as fast as Genius Sports. But unlike Genius, Sportradar is larger and reports a profit.</p>\n<p></p>\n<p>The next question thus becomes whether Sportradar is worth $7.8 billion. At that market cap, Sportradar has an enterprise value of about $8.5 billion. If we just extrapolate Sportradar’s revenue for the entire year and presume a revenue of $636 million, this gives an EV/revenue ratio of 13.36. By contrast, Genius Sports has an enterprise value of nearly $4 billion, and its first half 2021 revenue was just $109.5 million. From that metric, Sportradar thus appears to be the safer long-term bet.</p>\n<p><b>Final Thoughts</b></p>\n<p>While there is a great deal to like about Sportradar, that does not suggest that there are no problematic clouds on the horizon. I believe that the current COVID situation, where many are reluctant to go outside but sports games are still ongoing, is an excellent situation for Sportradar as people watching from home are more likely to bet online. But if it worsens and sports events are canceled, that would be problematic. If it improves, people may start going for other entertainment options such as casinos which could hurt Sportradar’s growth.</p>\n<p>But Sportradar has shown an ability to consistently grow and is in a market which has major potential almost regardless of the state of COVID. Its financial numbers are in solid shape, and few companies provide a product like what it offers. Finally, its valuation of $7.8 billion is eminently fair, especially by the standards of a typical tech company IPO.</p>\n<p>Investors who chase growth above all else may want to consider Genius, especially as Genius’s lockup period expires soon and it is reasonable to expect a decrease in the price then. But for investors interested in a good tech IPO at a reasonable price, Sportradar will be an excellent fit for most.</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>Sportradar fell 0.83% on its first day of trading</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\">\nSportradar fell 0.83% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-15 00:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Online betting company Sportradar opened at $27 each on Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/50aafa6b5817c8055173c9017ac900d2\" tg-width=\"1080\" tg-height=\"2240\" referrerpolicy=\"no-referrer\"></p>\n<p>Everything To Like About The Sportradar IPO</p>\n<p><b>Summary</b></p>\n<ul>\n <li>Sportradar Group AG is preparing to go public at a valuation of $7.8 billion and will raise over $500 million.</li>\n <li>Sportradar plays an important, though indirect role in the rapidly growing sports betting industry. However, it faces tough competition.</li>\n <li>Sportradar’s finances are in good shape with high growth and a positive net profit, and its valuation appears low relative to competitors.</li>\n <li>Investors should strongly consider this company when it goes public.</li>\n</ul>\n<p>Sportradar (NASDAQ:SRAD) has released pricing information about its upcoming IPO.Renaissance Capitalreported on Tuesday that Sportradar “plans to raise $504 million by offering 19 million shares at a price range of $25 to $28,” as well as an additional $159 million concurrent private placement. This will give the Swiss company a valuation of $7.8 billion at the midpoint range.</p>\n<p>These numbers may be a tiny disappointment for Sportradar, as it had been reportedly shooting for a$10 billion valuationearlier in the year by undergoing a SPAC. But it is great news for investors, as there is a great deal to like about Sportradar. The sports company is in a market with major growth potential, is profitable, and has been growing rapidly. Concerns remain such as COVID and other competition, but investors should strongly consider getting in on this company as soon as possible especially compared to its main competitors.</p>\n<p><b>Sports Gambling Market Potential</b></p>\n<p>Sports betting has become increasingly accepted and thus a more lucrative market in recent years, as governments have legalized it for the first time.Front Office Sportsreported in June that the US sports betting market could reach $37 billion by 2025 compared to its present value of $9.5 billion. Furthermore, the global sports betting market could reach as much as $144 billion by the same timeframe. And while there are some concerns due to COVID, it is highly unlikely that sports leagues will once again start canceling their events going forward.</p>\n<p>Sportradar’s plan is to be the company selling shovels in this betting gold rush. What it intends to sell is information. Sportradar works with sports leagues across the world to help compile sports data. This data helps betting companies set better odds, helps bettors know that the betting company is not making any mistakes, and helps media companies know that they have the right data.</p>\n<p>The right data is not just about tracking points, home runs, or touchdowns. Sportradar claims in itsF-1/Athat it tracks “over 1.2 billion live data points per year from over 600,000 events in 37 sports,” which created over 21 billion odds changes. Furthermore, Sportradar has a strong data rights portfolio, as it has partnerships with the NBA, MLB, and NHL among other sports leagues across the world.</p>\n<p>These factors point to a company with major growth potential, but then there is the issue of competition. Sportradar’s primary competitor is Genius Sports (NYSE:GENI), which went public this April. After some stumbles a few weeks back, Genius has performed well and has a market cap of $4.23 billion as of the time of writing. While smaller than what Sportradar is aiming for, Genius does have a prized partnership with the NFL and reported a revenue growth of 108% a few days ago perCNBC.</p>\n<p>Sportradar will need to show how it can continue to distinguish itself from its competitors like Genius, as well as Stats Perform, IMGArena, and BetConstruct. But the company has a Dollar-Based Net Retention Rate of 138% which shows an ability to keep customers. Furthermore, the massive potential of the sports betting market means that Sportradar will be able to keep growing without having to poach from competitors.</p>\n<p><b>Finances and Valuation</b></p>\n<p>Sportradar’s growth potential is shown by its finances, where it is the rare tech company which can report both high growth and profitability. The company reported a revenue of $318 million in the first half of 2021, up 42% from the same time period last year. This is probably elevated due to the pandemic depressing 2020 revenue as it only grew 6% in 2020, but Sportradar reports a CAGR of 25% going back to 2016. That is a more reasonable yet still sufficient growth rate.</p>\n<p>Furthermore, Sportradar reported a net income of over $20 million in the first half of 2021 and has a history of profitability going back to at least 2019. Cash flow is also positive, with a net gain of $67 million in cash from operating activities in the first half of 2021.</p>\n<p>Finally, Sportradar reports having $223 million in cash against $967 million in total liabilities. What these numbers show is that Sportradar is rapidly growing, though admittedly not as fast as Genius Sports. But unlike Genius, Sportradar is larger and reports a profit.</p>\n<p></p>\n<p>The next question thus becomes whether Sportradar is worth $7.8 billion. At that market cap, Sportradar has an enterprise value of about $8.5 billion. If we just extrapolate Sportradar’s revenue for the entire year and presume a revenue of $636 million, this gives an EV/revenue ratio of 13.36. By contrast, Genius Sports has an enterprise value of nearly $4 billion, and its first half 2021 revenue was just $109.5 million. From that metric, Sportradar thus appears to be the safer long-term bet.</p>\n<p><b>Final Thoughts</b></p>\n<p>While there is a great deal to like about Sportradar, that does not suggest that there are no problematic clouds on the horizon. I believe that the current COVID situation, where many are reluctant to go outside but sports games are still ongoing, is an excellent situation for Sportradar as people watching from home are more likely to bet online. But if it worsens and sports events are canceled, that would be problematic. If it improves, people may start going for other entertainment options such as casinos which could hurt Sportradar’s growth.</p>\n<p>But Sportradar has shown an ability to consistently grow and is in a market which has major potential almost regardless of the state of COVID. Its financial numbers are in solid shape, and few companies provide a product like what it offers. Finally, its valuation of $7.8 billion is eminently fair, especially by the standards of a typical tech company IPO.</p>\n<p>Investors who chase growth above all else may want to consider Genius, especially as Genius’s lockup period expires soon and it is reasonable to expect a decrease in the price then. But for investors interested in a good tech IPO at a reasonable price, Sportradar will be an excellent fit for most.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SRAD":"Sportradar Group AG"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149444561","content_text":"Online betting company Sportradar opened at $27 each on Tuesday.\n\nEverything To Like About The Sportradar IPO\nSummary\n\nSportradar Group AG is preparing to go public at a valuation of $7.8 billion and will raise over $500 million.\nSportradar plays an important, though indirect role in the rapidly growing sports betting industry. However, it faces tough competition.\nSportradar’s finances are in good shape with high growth and a positive net profit, and its valuation appears low relative to competitors.\nInvestors should strongly consider this company when it goes public.\n\nSportradar (NASDAQ:SRAD) has released pricing information about its upcoming IPO.Renaissance Capitalreported on Tuesday that Sportradar “plans to raise $504 million by offering 19 million shares at a price range of $25 to $28,” as well as an additional $159 million concurrent private placement. This will give the Swiss company a valuation of $7.8 billion at the midpoint range.\nThese numbers may be a tiny disappointment for Sportradar, as it had been reportedly shooting for a$10 billion valuationearlier in the year by undergoing a SPAC. But it is great news for investors, as there is a great deal to like about Sportradar. The sports company is in a market with major growth potential, is profitable, and has been growing rapidly. Concerns remain such as COVID and other competition, but investors should strongly consider getting in on this company as soon as possible especially compared to its main competitors.\nSports Gambling Market Potential\nSports betting has become increasingly accepted and thus a more lucrative market in recent years, as governments have legalized it for the first time.Front Office Sportsreported in June that the US sports betting market could reach $37 billion by 2025 compared to its present value of $9.5 billion. Furthermore, the global sports betting market could reach as much as $144 billion by the same timeframe. And while there are some concerns due to COVID, it is highly unlikely that sports leagues will once again start canceling their events going forward.\nSportradar’s plan is to be the company selling shovels in this betting gold rush. What it intends to sell is information. Sportradar works with sports leagues across the world to help compile sports data. This data helps betting companies set better odds, helps bettors know that the betting company is not making any mistakes, and helps media companies know that they have the right data.\nThe right data is not just about tracking points, home runs, or touchdowns. Sportradar claims in itsF-1/Athat it tracks “over 1.2 billion live data points per year from over 600,000 events in 37 sports,” which created over 21 billion odds changes. Furthermore, Sportradar has a strong data rights portfolio, as it has partnerships with the NBA, MLB, and NHL among other sports leagues across the world.\nThese factors point to a company with major growth potential, but then there is the issue of competition. Sportradar’s primary competitor is Genius Sports (NYSE:GENI), which went public this April. After some stumbles a few weeks back, Genius has performed well and has a market cap of $4.23 billion as of the time of writing. While smaller than what Sportradar is aiming for, Genius does have a prized partnership with the NFL and reported a revenue growth of 108% a few days ago perCNBC.\nSportradar will need to show how it can continue to distinguish itself from its competitors like Genius, as well as Stats Perform, IMGArena, and BetConstruct. But the company has a Dollar-Based Net Retention Rate of 138% which shows an ability to keep customers. Furthermore, the massive potential of the sports betting market means that Sportradar will be able to keep growing without having to poach from competitors.\nFinances and Valuation\nSportradar’s growth potential is shown by its finances, where it is the rare tech company which can report both high growth and profitability. The company reported a revenue of $318 million in the first half of 2021, up 42% from the same time period last year. This is probably elevated due to the pandemic depressing 2020 revenue as it only grew 6% in 2020, but Sportradar reports a CAGR of 25% going back to 2016. That is a more reasonable yet still sufficient growth rate.\nFurthermore, Sportradar reported a net income of over $20 million in the first half of 2021 and has a history of profitability going back to at least 2019. Cash flow is also positive, with a net gain of $67 million in cash from operating activities in the first half of 2021.\nFinally, Sportradar reports having $223 million in cash against $967 million in total liabilities. What these numbers show is that Sportradar is rapidly growing, though admittedly not as fast as Genius Sports. But unlike Genius, Sportradar is larger and reports a profit.\n\nThe next question thus becomes whether Sportradar is worth $7.8 billion. At that market cap, Sportradar has an enterprise value of about $8.5 billion. If we just extrapolate Sportradar’s revenue for the entire year and presume a revenue of $636 million, this gives an EV/revenue ratio of 13.36. By contrast, Genius Sports has an enterprise value of nearly $4 billion, and its first half 2021 revenue was just $109.5 million. From that metric, Sportradar thus appears to be the safer long-term bet.\nFinal Thoughts\nWhile there is a great deal to like about Sportradar, that does not suggest that there are no problematic clouds on the horizon. I believe that the current COVID situation, where many are reluctant to go outside but sports games are still ongoing, is an excellent situation for Sportradar as people watching from home are more likely to bet online. But if it worsens and sports events are canceled, that would be problematic. If it improves, people may start going for other entertainment options such as casinos which could hurt Sportradar’s growth.\nBut Sportradar has shown an ability to consistently grow and is in a market which has major potential almost regardless of the state of COVID. Its financial numbers are in solid shape, and few companies provide a product like what it offers. Finally, its valuation of $7.8 billion is eminently fair, especially by the standards of a typical tech company IPO.\nInvestors who chase growth above all else may want to consider Genius, especially as Genius’s lockup period expires soon and it is reasonable to expect a decrease in the price then. But for investors interested in a good tech IPO at a reasonable price, Sportradar will be an excellent fit for most.","news_type":1},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810459397,"gmtCreate":1629994935919,"gmtModify":1676530196702,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"&nbsp;help me like my comment. Thank you very much","listText":"&nbsp;help me like my comment. Thank you very much","text":"help me like my comment. Thank you very much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810459397","repostId":"1139424376","repostType":4,"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893995994,"gmtCreate":1628226920918,"gmtModify":1703503546257,"author":{"id":"3582282988628365","authorId":"3582282988628365","authorIdStr":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582282988628365"},"themes":[],"htmlText":"Aiyo why like that ah? &nbsp;Can anyone kindly help to like my comment? ?","listText":"Aiyo why like that ah? &nbsp;Can anyone kindly help to like my comment? ?","text":"Aiyo why like that ah? Can anyone kindly help to like my comment? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/893995994","repostId":"1166200134","repostType":4,"repost":{"id":"1166200134","pubTimestamp":1628226624,"share":"https://ttm.financial/m/news/1166200134?lang=&edition=fundamental","pubTime":"2021-08-06 13:10","market":"us","language":"en","title":"M&A investors flee deal stocks like AMD in perilous omen for merger arbitrageurs","url":"https://stock-news.laohu8.com/highlight/detail?id=1166200134","media":"Seeking Alpha","summary":"Spreads of major deals such as AMD's purchase of Xilinx and Analog Devices acquisition of Maxim Inte","content":"<ul>\n <li>Spreads of major deals such as <a href=\"https://laohu8.com/S/AMD\">AMD</a>'s&nbsp;purchase of <a href=\"https://laohu8.com/S/XLNX\">Xilinx</a> and <a href=\"https://laohu8.com/S/ADI\">Analog Devices</a> acquisition of <a href=\"https://laohu8.com/S/MXIM\">Maxim Integrated</a> narrowed after hitting some of widest ever yesterday since the deals were announced.</li>\n <li>“I’ve never seen&nbsp;anything like it,\" Roy Behren, managing member and portfolio manager at Westchester Capital, said in an interview with Seeking Alpha last night. \"Maybe in March of 2020 with the COVID, other than that, you can tell people are just selling out of positions.\"</li>\n <li>Behren is referring to last March when deal spreads severely widened during Covid when investors thought the pandemic could derail LVMH's purchase of Tiffany and AbbVie's acquisition of Allergan.</li>\n <li>The Xilinx/AMD deal spread widened to about $65/share yesterday, or about 45%, though today it has narrowed to about $44, or 29%. AMD&nbsp;fell 5.4%&nbsp;today, while Xilinx&nbsp;climbed 4.4%.&nbsp;Spreads of&nbsp;deals that need Chinese approval&nbsp;yesterday widened as investors appeared to be de-risking on general concerns about China as well as U.S. antitrust deal risk.</li>\n <li>\"The spreads in, for example, <a href=\"https://laohu8.com/S/XLNX\">Xilinx</a> and <a href=\"https://laohu8.com/S/MXIM\">Maxim Integrated</a> and <a href=\"https://laohu8.com/S/COHR\">Coherent</a> deals have gone to ridiculously wide levels,\" Behren said in a phone interview. \"It's not just risk off, it's people blowing out at whatever cost. I've got more red on my screen than I've ever seen in a long time.\"</li>\n <li>Behren attributes the recent widening in deal spreads to <a href=\"https://laohu8.com/S/AON\">Aon PLC</a> and <a href=\"https://laohu8.com/S/WLTW\">Willis Towers Watson PLC</a>'s&nbsp;decision to&nbsp;terminate their deal last week,which caught risk arb investors by surprise.</li>\n <li>\"As Willis Towers caused larger losses than almost everybody anticipated, it set off a cascade of risk reduction in event driven and arbitrage investors, which fed on itself,\" Behren said.</li>\n <li>Behren said he believes that there are number of spreads that are \"completely inefficiently priced\" and wider than they should be. For example, if you look at Xilinx (XLNX)/AMD and believe that China may block the deal, Xilinx (XLNX) was trading yesterday as if there was no downside left.</li>\n <li>China is \"very opaque, it's unpredictable and the level of execution risk has gone up significantly,\" Behren said.</li>\n <li>That being said, he added, \"there should not be a legitimate antitrust reason for blocking this deal.\"</li>\n <li>Earlier,China unlikely to clear deals in August as antitrust officials take vacations.</li>\n</ul>","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>M&A investors flee deal stocks like AMD in perilous omen for merger arbitrageurs</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\">\nM&A investors flee deal stocks like AMD in perilous omen for merger arbitrageurs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-06 13:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3726315-deal-spreads-narrower-after-one-of-worst-days-ever-in-risk-arb-land><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Spreads of major deals such as AMD's purchase of Xilinx and Analog Devices acquisition of Maxim Integrated narrowed after hitting some of widest ever yesterday since the deals were announced.\n“I’ve ...</p>\n\n<a href=\"https://seekingalpha.com/news/3726315-deal-spreads-narrower-after-one-of-worst-days-ever-in-risk-arb-land\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MXIM":"美信集成","ADI":"亚德诺","AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/news/3726315-deal-spreads-narrower-after-one-of-worst-days-ever-in-risk-arb-land","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166200134","content_text":"Spreads of major deals such as AMD's purchase of Xilinx and Analog Devices acquisition of Maxim Integrated narrowed after hitting some of widest ever yesterday since the deals were announced.\n“I’ve never seen anything like it,\" Roy Behren, managing member and portfolio manager at Westchester Capital, said in an interview with Seeking Alpha last night. \"Maybe in March of 2020 with the COVID, other than that, you can tell people are just selling out of positions.\"\nBehren is referring to last March when deal spreads severely widened during Covid when investors thought the pandemic could derail LVMH's purchase of Tiffany and AbbVie's acquisition of Allergan.\nThe Xilinx/AMD deal spread widened to about $65/share yesterday, or about 45%, though today it has narrowed to about $44, or 29%. AMD fell 5.4% today, while Xilinx climbed 4.4%. Spreads of deals that need Chinese approval yesterday widened as investors appeared to be de-risking on general concerns about China as well as U.S. antitrust deal risk.\n\"The spreads in, for example, Xilinx and Maxim Integrated and Coherent deals have gone to ridiculously wide levels,\" Behren said in a phone interview. \"It's not just risk off, it's people blowing out at whatever cost. I've got more red on my screen than I've ever seen in a long time.\"\nBehren attributes the recent widening in deal spreads to Aon PLC and Willis Towers Watson PLC's decision to terminate their deal last week,which caught risk arb investors by surprise.\n\"As Willis Towers caused larger losses than almost everybody anticipated, it set off a cascade of risk reduction in event driven and arbitrage investors, which fed on itself,\" Behren said.\nBehren said he believes that there are number of spreads that are \"completely inefficiently priced\" and wider than they should be. For example, if you look at Xilinx (XLNX)/AMD and believe that China may block the deal, Xilinx (XLNX) was trading yesterday as if there was no downside left.\nChina is \"very opaque, it's unpredictable and the level of execution risk has gone up significantly,\" Behren said.\nThat being said, he added, \"there should not be a legitimate antitrust reason for blocking this deal.\"\nEarlier,China unlikely to clear deals in August as antitrust officials take vacations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}