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Jeffso

Jeffso

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2023-10-26

@tesla gogogo hahaha

2023-07-28

Wow good will join next year

2023-03-11

Ok

Meta Plans New Layoffs That Could Match Last Year's in Scope

2023-03-03

Ok

ASX Update: Banks Rebound; Miners Rise for Fourth Day

2023-02-24

Ok

ASX Close: Shares Fall for Third Week As Rates Outlook Dims

2023-02-23

Ok

Bitcoin, Ethereum, Dogecoin Slide After Mixed Fed Minutes: Analyst Says China Won't Fuel Coming Cycle

2023-02-17

Ok

Paramount+ to Raise Prices for Its Streaming Plans Later This Year

2023-02-16

Ok

Tesla to Open U.S. Charging Network to Rivals in $7.5 Bln Federal Program

2023-02-15

Ok

TSMC Shares Decline After Buffett’s Berkshire Slashes Holdings

2023-02-12

Ok

NIO Still Intact: Tesla's Price Cut Is Likely Not A Problem

2023-02-10

ok

Wall St Dips As Treasury Yields Rise After Auction

2023-02-09

Ok

Traders Are Starting to Put Big Money on the Fed Going to 6%

2023-02-08

Ok

Singapore Stocks to Watch: Lendlease Reit, StarHub, HPH Trust, F&N, UOI

2023-02-07

ok

Singapore Stocks to Watch: CapitaLand India Trust, Boustead Singapore, Boustead Projects, YKGI

2023-02-01

Ok

Bitcoin Had Its Best January Since 2013, When It Was Worth Less Than $20

2023-01-31

Ok

ASX Update: January Set to Be Best Month Since 2020

2023-01-30

ok

ASX Update: Stocks Retreat Ahead of US Earnings, Rates Call

2023-01-28

Haha

Sorry, the original content has been removed

2023-01-23

ok

Activist Elliott Management Takes Big Stake in Salesforce

2023-01-19

Ok

Dear NIO Stock Fans, Pay Attention to This KEY Agreement

Go to Tiger App to see more news

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gogogo hahaha","listText":"@tesla gogogo hahaha","text":"@tesla gogogo hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234641611272264","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":202858599608408,"gmtCreate":1690536179113,"gmtModify":1690536183542,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Wow good will join next year","listText":"Wow good will join next year","text":"Wow good will join next 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likely to hit non-engineering roles especially hard, the people said. The company is also expected to shut down some projects and teams in conjunction with these cuts.</p><p>Meta cut roughly 11,000 jobs, or about 13% of its employees, last year. The reductions this year are expected to reach the same proportion of those who remain, the people said, though the final count of the cumulative cuts expected over the second quarter isn&#39;t yet clear.</p><p>Among projects that will be cut are some wearable devices that were in the works at Reality Labs, Meta&#39;s hardware and metaverse division, the people said, suggesting a near-term retreat from efforts to popularize virtual and augmented reality products even as longer-term research efforts continue.</p><p>Meta shares rose by more than 2% in after-hours trading after The Wall Street Journal reported the planned cuts.</p><p>&#34;We&#39;re continuing to look across the company, across both Family of Apps and Reality Labs, and really evaluate are we deploying our resources toward the highest leverage opportunities,&#34; Meta Chief Financial Officer Susan Li said Thursday at the Morgan Stanley 2023 Technology, Media &amp; Telecom Conference. &#34;This is going to result in us making some tough decisions to wind down projects in some places, to shift resources away from some teams.&#34;</p><p>Meta Chief Executive Mark Zuckerberg previously said that 2023 would be a &#34;year of efficiency&#34; at Meta and that some projects would likely shut down at the company.</p><p>The continuing cuts are notable given Mr. Zuckerberg&#39;s prediction in October that the company would end 2023 with roughly as many employees as it had at that time. The company laid off 13% of its staff the following month, and then sought to encourage further attrition through the performance review process.</p><p>Technology companies including Amazon.com Inc., Microsoft Corp. and others have cut thousands of jobs this year and last as profits retreat from pandemic-induced highs. Since 2022, layoff tallies have reached nearly 300,000 workers, according to Layoffs.fyi, a site that is tracking job cuts in the industry. Broadly, employment in the information industry has been unchanged between July and January, according to federal data. Total employment has risen in that time.</p><p>Last year&#39;s cuts marked Meta&#39;s first broad restructuring in its history as it confronted slumping digital-ad sales and a plunging stock price. The layoffs followed a pandemic-era hiring spree that nearly doubled the company&#39;s workforce, to more than 87,000, from the end of 2019 through last September.</p><p>The company last month reported improving conditions in its underlying business and said it would buy back an additional $40 billion in shares, helping rejuvenate investor sentiment.</p><p>Meta&#39;s stock has rebounded sharply, more than doubling from last year&#39;s low point in November, though it is still well below its all-time high of more than $384 in September 2021.</p><p>On Thursday, the company announced internally it was shutting its New Product Experimentation group. That unit was created in 2019 in an effort to build new consumer-focused apps. In an internal post announcing the decision to end NPE, Meta Chief Product Officer Chris Cox wrote that the company now has &#34;NPE-like organizations housed directly within our product teams.&#34;</p><p>The shutdown was a notable reversal for a once-fast growing team led by Ime Archibong, a widely esteemed leader inside the company and its highest-ranking Black product executive. An internal announcement said Mr. Archibong would become the head of product for Messenger, the company&#39;s messaging app. What will happen to his staff remains an open question, with Mr. Cox writing that Mr. Archibong would be working with his team to integrate staffers &#34;into existing work streams across the company wherever we can.&#34;</p><p>Besides closing projects, the company is also streamlining management layers and bringing teams that focus on the same type of work together under one leader. This includes Meta&#39;s marketing and integrity teams, Meta Chief Operating Officer Javier Olivan said at the Morgan Stanley conference.</p><p>&#34;Then you can just move the resources much faster,&#34; Mr. Olivan said. &#34;It just makes you more efficient.&#34;</p><p>Bloomberg News earlier reported that Meta was planning a new round of layoffs.</p><p>Meta will also be moving many of its offices to so-called hot desks in the coming weeks. Hot desks are office setups where employees use shared workspaces rather than permanently assigned desks or offices, according to people familiar with the matter.</p><p>For employees who are laid off, severance is expected to be roughly the same as that offered to those cut in November, according to a person familiar with the matter. The package -- a minimum of four months of salary plus additional time based on tenure -- was among the most substantial offered during recent tech industry layoffs. In recent days, Meta has been working to set up what has been referred to internally as an &#34;alumni portal,&#34; a website intended to streamline questions and paperwork regarding benefits.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Plans New Layoffs That Could Match Last Year's in Scope</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\">\nMeta Plans New Layoffs That Could Match Last Year's in Scope\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\">2023-03-11 09:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. is planning additional layoffs to be announced in multiple rounds over the coming months that in total would be roughly the same magnitude as the 13% cut to its workforce last year, according to people familiar with the matter.</p><p>The new cuts, the first wave of which is expected to be announced next week, are likely to hit non-engineering roles especially hard, the people said. The company is also expected to shut down some projects and teams in conjunction with these cuts.</p><p>Meta cut roughly 11,000 jobs, or about 13% of its employees, last year. The reductions this year are expected to reach the same proportion of those who remain, the people said, though the final count of the cumulative cuts expected over the second quarter isn&#39;t yet clear.</p><p>Among projects that will be cut are some wearable devices that were in the works at Reality Labs, Meta&#39;s hardware and metaverse division, the people said, suggesting a near-term retreat from efforts to popularize virtual and augmented reality products even as longer-term research efforts continue.</p><p>Meta shares rose by more than 2% in after-hours trading after The Wall Street Journal reported the planned cuts.</p><p>&#34;We&#39;re continuing to look across the company, across both Family of Apps and Reality Labs, and really evaluate are we deploying our resources toward the highest leverage opportunities,&#34; Meta Chief Financial Officer Susan Li said Thursday at the Morgan Stanley 2023 Technology, Media &amp; Telecom Conference. &#34;This is going to result in us making some tough decisions to wind down projects in some places, to shift resources away from some teams.&#34;</p><p>Meta Chief Executive Mark Zuckerberg previously said that 2023 would be a &#34;year of efficiency&#34; at Meta and that some projects would likely shut down at the company.</p><p>The continuing cuts are notable given Mr. Zuckerberg&#39;s prediction in October that the company would end 2023 with roughly as many employees as it had at that time. The company laid off 13% of its staff the following month, and then sought to encourage further attrition through the performance review process.</p><p>Technology companies including Amazon.com Inc., Microsoft Corp. and others have cut thousands of jobs this year and last as profits retreat from pandemic-induced highs. Since 2022, layoff tallies have reached nearly 300,000 workers, according to Layoffs.fyi, a site that is tracking job cuts in the industry. Broadly, employment in the information industry has been unchanged between July and January, according to federal data. Total employment has risen in that time.</p><p>Last year&#39;s cuts marked Meta&#39;s first broad restructuring in its history as it confronted slumping digital-ad sales and a plunging stock price. The layoffs followed a pandemic-era hiring spree that nearly doubled the company&#39;s workforce, to more than 87,000, from the end of 2019 through last September.</p><p>The company last month reported improving conditions in its underlying business and said it would buy back an additional $40 billion in shares, helping rejuvenate investor sentiment.</p><p>Meta&#39;s stock has rebounded sharply, more than doubling from last year&#39;s low point in November, though it is still well below its all-time high of more than $384 in September 2021.</p><p>On Thursday, the company announced internally it was shutting its New Product Experimentation group. That unit was created in 2019 in an effort to build new consumer-focused apps. In an internal post announcing the decision to end NPE, Meta Chief Product Officer Chris Cox wrote that the company now has &#34;NPE-like organizations housed directly within our product teams.&#34;</p><p>The shutdown was a notable reversal for a once-fast growing team led by Ime Archibong, a widely esteemed leader inside the company and its highest-ranking Black product executive. An internal announcement said Mr. Archibong would become the head of product for Messenger, the company&#39;s messaging app. What will happen to his staff remains an open question, with Mr. Cox writing that Mr. Archibong would be working with his team to integrate staffers &#34;into existing work streams across the company wherever we can.&#34;</p><p>Besides closing projects, the company is also streamlining management layers and bringing teams that focus on the same type of work together under one leader. This includes Meta&#39;s marketing and integrity teams, Meta Chief Operating Officer Javier Olivan said at the Morgan Stanley conference.</p><p>&#34;Then you can just move the resources much faster,&#34; Mr. Olivan said. &#34;It just makes you more efficient.&#34;</p><p>Bloomberg News earlier reported that Meta was planning a new round of layoffs.</p><p>Meta will also be moving many of its offices to so-called hot desks in the coming weeks. Hot desks are office setups where employees use shared workspaces rather than permanently assigned desks or offices, according to people familiar with the matter.</p><p>For employees who are laid off, severance is expected to be roughly the same as that offered to those cut in November, according to a person familiar with the matter. The package -- a minimum of four months of salary plus additional time based on tenure -- was among the most substantial offered during recent tech industry layoffs. In recent days, Meta has been working to set up what has been referred to internally as an &#34;alumni portal,&#34; a website intended to streamline questions and paperwork regarding benefits.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318475948","content_text":"Facebook parent Meta Platforms Inc. is planning additional layoffs to be announced in multiple rounds over the coming months that in total would be roughly the same magnitude as the 13% cut to its workforce last year, according to people familiar with the matter.The new cuts, the first wave of which is expected to be announced next week, are likely to hit non-engineering roles especially hard, the people said. The company is also expected to shut down some projects and teams in conjunction with these cuts.Meta cut roughly 11,000 jobs, or about 13% of its employees, last year. The reductions this year are expected to reach the same proportion of those who remain, the people said, though the final count of the cumulative cuts expected over the second quarter isn't yet clear.Among projects that will be cut are some wearable devices that were in the works at Reality Labs, Meta's hardware and metaverse division, the people said, suggesting a near-term retreat from efforts to popularize virtual and augmented reality products even as longer-term research efforts continue.Meta shares rose by more than 2% in after-hours trading after The Wall Street Journal reported the planned cuts.\"We're continuing to look across the company, across both Family of Apps and Reality Labs, and really evaluate are we deploying our resources toward the highest leverage opportunities,\" Meta Chief Financial Officer Susan Li said Thursday at the Morgan Stanley 2023 Technology, Media & Telecom Conference. \"This is going to result in us making some tough decisions to wind down projects in some places, to shift resources away from some teams.\"Meta Chief Executive Mark Zuckerberg previously said that 2023 would be a \"year of efficiency\" at Meta and that some projects would likely shut down at the company.The continuing cuts are notable given Mr. Zuckerberg's prediction in October that the company would end 2023 with roughly as many employees as it had at that time. The company laid off 13% of its staff the following month, and then sought to encourage further attrition through the performance review process.Technology companies including Amazon.com Inc., Microsoft Corp. and others have cut thousands of jobs this year and last as profits retreat from pandemic-induced highs. Since 2022, layoff tallies have reached nearly 300,000 workers, according to Layoffs.fyi, a site that is tracking job cuts in the industry. Broadly, employment in the information industry has been unchanged between July and January, according to federal data. Total employment has risen in that time.Last year's cuts marked Meta's first broad restructuring in its history as it confronted slumping digital-ad sales and a plunging stock price. The layoffs followed a pandemic-era hiring spree that nearly doubled the company's workforce, to more than 87,000, from the end of 2019 through last September.The company last month reported improving conditions in its underlying business and said it would buy back an additional $40 billion in shares, helping rejuvenate investor sentiment.Meta's stock has rebounded sharply, more than doubling from last year's low point in November, though it is still well below its all-time high of more than $384 in September 2021.On Thursday, the company announced internally it was shutting its New Product Experimentation group. That unit was created in 2019 in an effort to build new consumer-focused apps. In an internal post announcing the decision to end NPE, Meta Chief Product Officer Chris Cox wrote that the company now has \"NPE-like organizations housed directly within our product teams.\"The shutdown was a notable reversal for a once-fast growing team led by Ime Archibong, a widely esteemed leader inside the company and its highest-ranking Black product executive. An internal announcement said Mr. Archibong would become the head of product for Messenger, the company's messaging app. What will happen to his staff remains an open question, with Mr. Cox writing that Mr. Archibong would be working with his team to integrate staffers \"into existing work streams across the company wherever we can.\"Besides closing projects, the company is also streamlining management layers and bringing teams that focus on the same type of work together under one leader. This includes Meta's marketing and integrity teams, Meta Chief Operating Officer Javier Olivan said at the Morgan Stanley conference.\"Then you can just move the resources much faster,\" Mr. Olivan said. \"It just makes you more efficient.\"Bloomberg News earlier reported that Meta was planning a new round of layoffs.Meta will also be moving many of its offices to so-called hot desks in the coming weeks. Hot desks are office setups where employees use shared workspaces rather than permanently assigned desks or offices, according to people familiar with the matter.For employees who are laid off, severance is expected to be roughly the same as that offered to those cut in November, according to a person familiar with the matter. The package -- a minimum of four months of salary plus additional time based on tenure -- was among the most substantial offered during recent tech industry layoffs. In recent days, Meta has been working to set up what has been referred to internally as an \"alumni portal,\" a website intended to streamline questions and paperwork regarding benefits.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940861911,"gmtCreate":1677814267434,"gmtModify":1677814270980,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940861911","repostId":"1186856864","repostType":4,"repost":{"id":"1186856864","pubTimestamp":1677809377,"share":"https://www.laohu8.com/m/news/1186856864?lang=&edition=full","pubTime":"2023-03-03 10:09","language":"en","title":"ASX Update: Banks Rebound; Miners Rise for Fourth Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1186856864","media":"The Market Herald","summary":"The share market rose as the heavily-weighted financial sector bounced off an eight-week low and Chi","content":"<html><head></head><body><p>The share market rose as the heavily-weighted financial sector bounced off an eight-week low and China-reopening optimism lifted miners for a fourth session.</p><p>The <b>S&amp;P/ASX 200</b> rallied 26 points or 0.35 percent by the halfway mark.</p><p>Tech and mining stocks led the advance, supported by Telstra, CSL and the supermarkets. Utilities and property stocks trailled.</p><p><b>What’s driving the market</b></p><p>Market sentiment has improved this week, but likely not by enough to avert a <b>fourth straight weekly loss</b>. Three gains over the last four sessions have not been enough to turn around an 82-point dive on Monday after a rebound in inflation torpedoed Wall Street late last week. At mid-session, the ASX 200 was on track for a weekly deficit of 26 points or 0.35 percent.</p><p>Domestic sentiment was boosted mid-week by a triple dose of market-friendly developments. Reports showed inflation cooled more than expected in January, economic growth softened enough in the December quarter for the Reserve Bank to reassess the outlook for interest rates, and the Chinese economy gathered strength this month after the pandemic slowdown.</p><p>US stocks steadied overnight as investors welcomed calls from a Federal Reserve policymaker for “slow and steady” rates policy. Atlanta Fed President Raphael Bostic pushed back against calls from other Fed officials for a 50 bps rate hike this month. The <b>S&amp;P 500</b> advanced 0.76 percent.</p><p>The ASX 200 has given back more than half of its 2023 gains this month. How the market fares from here will depend very much on inflation and interest rates, according to Kunal Sawhney, CEO of research group Kalkine.</p><p>“What matters the most right now and over the medium term is whether inflation will prove stickier or subside in the coming months due to persistently high borrowing rates,” Sawhney said.</p><p>“Aussie stocks, especially mining, have a tendency to react positively to favourable industrial activity news from China. Earlier this year, when China lifted all Covid control measures, shares zoomed, but February was again impacted by what matters the most – RBA and Fed’s policy rate stance. Things are expected to become a little predictable only after the Fed’s March rate announcement.”</p><p><b>Going up</b></p><p>Several of the big four <b>banks</b> edged off their lowest levels since October. The financial sector slumped yesterday after soft housing approvals implied there will be fewer mortgages to drive profits in coming months.</p><p><b>Commonwealth Bank</b> bounced 0.46 percent. <b>NAB</b> gained 0.68 percent.<b>Westpac</b> inched up 0.42 percent. <b>ANZ</b> rallied 0.97 percent from an eight-week low.</p><p>The major <b>miners</b> rose for a fourth day as iron ore prices lifted again in China. The most-traded ore contract on the Dalian Commodity Exchange firmed 0.65 percent this morning, adding to yesterday’s 1.56 percent rise.</p><p><b>Rio Tinto</b> advanced 1.55 percent. <b>BHP</b> tacked on 0.58 percent. Lithium, coal and some gold miners also made headway. Liontown Resources jumped 6.94 percent, Ramelius 4.57 percent and New Hope 1.93 percent.</p><p><b>OZ Minerals</b> inched up 0.07 percent after an independent expert concluded a $9.6 billion takeover offer from BHP was fair and reasonable. Grant Samuel said the offer of $28.25 per share was in the best interests of shareholders in the absence of a superior proposal. Oz directors have unanimously recommended the offer.</p><p><b>Nickel Industries</b> advanced 0.48 percent to $1.04 after raising $34.6 million from shareholders at $1.02 per share.</p><p><b>Norwest Energy</b> firmed 7.81 percent after Mineral Resources extended its takeover offer for the firm, declaring the deal on the table “best and final”. <b>Mineral Resources</b> said it held voting power for approximately 70 percent of Norwest shares. MinRes shares lifted 0.86 percent.</p><p>Afterpay owner Block was the pick of the <b>tech</b> stocks, rising 3.59 percent. WiseTech added 1.95 percent, Megaport 2.29 percent and Altium 0.83 percent.</p><p><b>Going down</b></p><p><b>Downer EDI</b> slid 0.3 percent after the sudden resignation of Chair Mark Chellew. The chairman’s departure follows the exit of Chief Financial Officer Michael Ferguson earlier this week. The engineering group’s shares have fallen heavily this year following an accounting scandal and two downgrades to its full-year profit forecast.</p><p><b>Dividend payments</b> continued to sap the market. Ampol shed 5.83 percent as it traded ex-dividend. Nine Entertainment lost 1.96 percent. Treasury Wine Estates shed 1.85 percent.</p><p>Other notable falls this morning included Capricorn Metals -3.72 percent, Silver Lake Resources -3.27 percent and Centuria Capital -3.11 percent.</p><p><b>Other markets</b></p><p>A strong morning on <b>Asian markets</b> saw the Asia Dow gain 1.25 percent, China’s Shanghai Composite 0.14 percent, Hong Kong’s Hang Seng 1.29 percent and Japan’s Nikkei 1.24 percent.</p><p><b>US futures</b> faded after Federal Reserve Governor Christopher Waller said recent data showed the central bank had not made as much progress on cooling inflation as it previously thought. S&amp;P 500 futures declined seven points or 0.18 percent.</p><p><b>Brent crude</b> gave back last night’s 44 US cent rally, falling 44 US cents or 0.5 percent to US$84.31 a barrel.</p><p><b>Gold</b> reversed most of last night’s US$4.90 drop, rising US$4.10 or 0.2 percent to US$1,844.60 an ounce.</p><p>The <b>dollar</b> bounced 0.17 percent to 67.43 US cents.</p></body></html>","source":"lsy1645078131697","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>ASX Update: Banks Rebound; Miners Rise for Fourth Day</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\">\nASX Update: Banks Rebound; Miners Rise for Fourth Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-03 10:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketherald.com.au/asx-update-banks-rebound-miners-rise-for-fourth-day-2023-03-03/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The share market rose as the heavily-weighted financial sector bounced off an eight-week low and China-reopening optimism lifted miners for a fourth session.The S&P/ASX 200 rallied 26 points or 0.35 ...</p>\n\n<a href=\"https://themarketherald.com.au/asx-update-banks-rebound-miners-rise-for-fourth-day-2023-03-03/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数"},"source_url":"https://themarketherald.com.au/asx-update-banks-rebound-miners-rise-for-fourth-day-2023-03-03/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186856864","content_text":"The share market rose as the heavily-weighted financial sector bounced off an eight-week low and China-reopening optimism lifted miners for a fourth session.The S&P/ASX 200 rallied 26 points or 0.35 percent by the halfway mark.Tech and mining stocks led the advance, supported by Telstra, CSL and the supermarkets. Utilities and property stocks trailled.What’s driving the marketMarket sentiment has improved this week, but likely not by enough to avert a fourth straight weekly loss. Three gains over the last four sessions have not been enough to turn around an 82-point dive on Monday after a rebound in inflation torpedoed Wall Street late last week. At mid-session, the ASX 200 was on track for a weekly deficit of 26 points or 0.35 percent.Domestic sentiment was boosted mid-week by a triple dose of market-friendly developments. Reports showed inflation cooled more than expected in January, economic growth softened enough in the December quarter for the Reserve Bank to reassess the outlook for interest rates, and the Chinese economy gathered strength this month after the pandemic slowdown.US stocks steadied overnight as investors welcomed calls from a Federal Reserve policymaker for “slow and steady” rates policy. Atlanta Fed President Raphael Bostic pushed back against calls from other Fed officials for a 50 bps rate hike this month. The S&P 500 advanced 0.76 percent.The ASX 200 has given back more than half of its 2023 gains this month. How the market fares from here will depend very much on inflation and interest rates, according to Kunal Sawhney, CEO of research group Kalkine.“What matters the most right now and over the medium term is whether inflation will prove stickier or subside in the coming months due to persistently high borrowing rates,” Sawhney said.“Aussie stocks, especially mining, have a tendency to react positively to favourable industrial activity news from China. Earlier this year, when China lifted all Covid control measures, shares zoomed, but February was again impacted by what matters the most – RBA and Fed’s policy rate stance. Things are expected to become a little predictable only after the Fed’s March rate announcement.”Going upSeveral of the big four banks edged off their lowest levels since October. The financial sector slumped yesterday after soft housing approvals implied there will be fewer mortgages to drive profits in coming months.Commonwealth Bank bounced 0.46 percent. NAB gained 0.68 percent.Westpac inched up 0.42 percent. ANZ rallied 0.97 percent from an eight-week low.The major miners rose for a fourth day as iron ore prices lifted again in China. The most-traded ore contract on the Dalian Commodity Exchange firmed 0.65 percent this morning, adding to yesterday’s 1.56 percent rise.Rio Tinto advanced 1.55 percent. BHP tacked on 0.58 percent. Lithium, coal and some gold miners also made headway. Liontown Resources jumped 6.94 percent, Ramelius 4.57 percent and New Hope 1.93 percent.OZ Minerals inched up 0.07 percent after an independent expert concluded a $9.6 billion takeover offer from BHP was fair and reasonable. Grant Samuel said the offer of $28.25 per share was in the best interests of shareholders in the absence of a superior proposal. Oz directors have unanimously recommended the offer.Nickel Industries advanced 0.48 percent to $1.04 after raising $34.6 million from shareholders at $1.02 per share.Norwest Energy firmed 7.81 percent after Mineral Resources extended its takeover offer for the firm, declaring the deal on the table “best and final”. Mineral Resources said it held voting power for approximately 70 percent of Norwest shares. MinRes shares lifted 0.86 percent.Afterpay owner Block was the pick of the tech stocks, rising 3.59 percent. WiseTech added 1.95 percent, Megaport 2.29 percent and Altium 0.83 percent.Going downDowner EDI slid 0.3 percent after the sudden resignation of Chair Mark Chellew. The chairman’s departure follows the exit of Chief Financial Officer Michael Ferguson earlier this week. The engineering group’s shares have fallen heavily this year following an accounting scandal and two downgrades to its full-year profit forecast.Dividend payments continued to sap the market. Ampol shed 5.83 percent as it traded ex-dividend. Nine Entertainment lost 1.96 percent. Treasury Wine Estates shed 1.85 percent.Other notable falls this morning included Capricorn Metals -3.72 percent, Silver Lake Resources -3.27 percent and Centuria Capital -3.11 percent.Other marketsA strong morning on Asian markets saw the Asia Dow gain 1.25 percent, China’s Shanghai Composite 0.14 percent, Hong Kong’s Hang Seng 1.29 percent and Japan’s Nikkei 1.24 percent.US futures faded after Federal Reserve Governor Christopher Waller said recent data showed the central bank had not made as much progress on cooling inflation as it previously thought. S&P 500 futures declined seven points or 0.18 percent.Brent crude gave back last night’s 44 US cent rally, falling 44 US cents or 0.5 percent to US$84.31 a barrel.Gold reversed most of last night’s US$4.90 drop, rising US$4.10 or 0.2 percent to US$1,844.60 an ounce.The dollar bounced 0.17 percent to 67.43 US cents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957660202,"gmtCreate":1677221078807,"gmtModify":1677221081940,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957660202","repostId":"2313982582","repostType":4,"repost":{"id":"2313982582","pubTimestamp":1677219480,"share":"https://www.laohu8.com/m/news/2313982582?lang=&edition=full","pubTime":"2023-02-24 14:18","language":"en","title":"ASX Close: Shares Fall for Third Week As Rates Outlook Dims","url":"https://stock-news.laohu8.com/highlight/detail?id=2313982582","media":"The Market Herald","summary":"The share market advanced for the first time in four sessions, but not by enough to avert a third st","content":"<html><head></head><body><p>The share market advanced for the first time in four sessions, but not by enough to avert a third straight weekly loss as investment markets steeled for more interest rate hikes.</p><p>The <b>S&amp;P/ASX 200</b> bounced 21.6 points or 0.3 per cent from a five-week low to 7307. Today’s advance trimmed the index’s weekly deficit to 40 points or roughly 0.5 per cent.</p><p>Gains in the big banks and well-received trading updates from Brambles, Aristocrat Leisure and Afterpay owner <a href=\"https://laohu8.com/S/SQ\">Block</a> helped offset declines in bulk metal producers. Lithium miners rallied after reporting massively increased profits.</p><h2>What moved the market</h2><p>Stocks continued to lose altitude this week as the major banks increased their <b>interest rate forecasts</b> to reflect hawkish Reserve Bank commentary. Westpac this morning joined ANZ and NAB in raising its peak rate forecast to 4.1 per cent.</p><p>With the <b>cash rate </b>currently sitting at 3.35 per cent, the new target implies three more quarter-point increases.</p><p>“We still see the date of the peak as May 2023 but now see that peak as slightly higher,” Westpac’s chief economist Bill Evans said.</p><p>“At 4.1%, the cash rate will be in deeply contractionary territory and a pause will be appropriate,” he added. Evans then foresees no change in rates until the March quarter of next year.</p><p>The ASX 200 has given up roughly half of its 2023 gains since the new year rally topped out on February 3.</p><p>“If there is one thing that has been weighing heavily on equities since last year, it is hawkish central banks willing to sacrifice economic growth to focus exclusively on their mandate of bringing inflation down to acceptable levels. January was about no rate hikes, with the economy showing resilience and inflation showing some easing, which probably pushed equities higher,” Kunal Sawhney, CEO of research group Kalkine, said.</p><p>“However, indices have been paring their January gains after this month’s monetary policy meetings. What happens over the near term may depend on forces that drive price growth and ultimately shape central banks’ rate decisions.”</p><p>The <b>S&amp;P 500</b>’s first rise in five sessions provided a base for today’s rebound. The broadest of Wall Street’s major indices bounced 0.53 per cent after data suggested the US economy was not running as hot at the end of last year as previously feared.</p><h2>Winners’ circle</h2><p>Afterpay owner <b>Block</b> jumped 5.86 per cent after a profit beat helped offset an earnings miss. The payments company reported a 40 per cent increase in fourth-quarter gross profit to US$1.66 billion. Earnings came in short of consensus expectations at 22 cents per share, versus an expected 30 cps.</p><p>A guidance upgrade lifted transport logistics business <b>Brambles</b> 7.46 per cent. A strong first half prompted the company to raise its full-year revenue growth forecast to 12-14 per cent and its profit growth forecast to 15-18 per cent. First-half profit climbed 20 per cent on a constant currency basis to US$331.1 million.</p><p><b>Aristocrat Leisure</b> firmed 2.76 per cent after CEO Trevor Croker reaffirmed full-year guidance at this morning’s AGM. The pokie-maker expects net profit growth over the full year, underpinned by its gaming operations.</p><p><b>Link Administration</b> tacked on 0.47 per cent after beating its first-half earnings guidance. At $80.2 million, operating earnings were just ahead of guidance of $75-$80 million. Group revenues improved 1.9 per cent in constant currency terms.</p><p><b>Pilbara Minerals</b> rose 1.12 per cent after reporting a staggering 989 per cent lift in first-half profits amid unprecedented demand for lithium. Sales increased by 305 per cent from the prior corresponding period. Revenues jumped 647 per cent and earnings by 1,091 per cent. Statutory net profit after tax soared from $114 million to $1.24 billion.</p><p><b>Allkem</b> saw a similar explosion in first-half net profit from US$12.7 million to US$219.2 million. Revenues were a record US$557.9 million. The share price firmed 3.66 per cent.</p><p>Beleaguered casino group <b><a href=\"https://laohu8.com/S/SGR.AU\">Star Entertainment</a></b> climbed 8.57 per cent after raising capital to shore up its balance sheet. The company raised $595 million from institutional investors. The company yesterday posted a $1.3 billion loss for the last half.</p><p><b><a href=\"https://laohu8.com/S/BGA.AU\">Bega Cheese</a></b> reversed much of yesterday’s post-earnings plunge with a bounce of 7.53 per cent.</p><p>The big four high-street <b>banks</b> rallied between 0.12 and 1.32 per cent.</p><h2>Doghouse</h2><p>Payments firm <b>EML</b> dived 9.48 per cent after its Irish subsidiary was warned it was not doing enough to meet Irish regulatory requirements. The Central Bank of Ireland said PFS Card Services Ireland had made only limited progress in fixing deficiencies in its anti-money laundering and counter-terrorist financing controls. The central bank was “minded” to impose a freeze on payments growth.</p><p>Iron ore producers BHP and Rio Tinto retreated in the wake of price falls in Chinese ore after the exchange operator imposed a trading cap to curb speculation<b>. Rio Tinto</b> shed 3.63 per cent. <b>BHP</b> lost 1.61 per cent. <b>Fortescue Metals</b> gave up 1.71 per cent.</p><p>Several companies traded <b>ex-dividend</b>. Deterra dropped 2.36 per cent, Newcrest 2.54 per cent and BlueScope Steel 0.7 per cent.</p><p>Among other <b>companies reporting earnings</b>, Jumbo Interactive fell 0.89 per cent, <a href=\"https://laohu8.com/S/PGL.AU\">Prospa</a> 1.82 per cent, <a href=\"https://laohu8.com/S/UNI.AU\">Universal Store</a> 1.92 per cent and <a href=\"https://laohu8.com/S/ASB.AU\">Austal</a> 0.81 per cent.</p><h2>Other markets</h2><p>Japan’s Nikkei index rallied 1.1 per cent as trade resumed after yesterday’s public holiday. The <b>Asia Dow</b> dropped 0.56 per cent, China’s Shanghai Composite 0.7 per cent and Hong Kong’s Hang Seng 1.41 per cent.</p><p><b>US futures</b> were little changed ahead of tonight’s inflation data. S&amp;P 500 futures dipped four points or 0.1 per cent.</p><p><b>Oil</b> built on its first advance in seven sessions. Brent crude climbed 73 US cents or 0.9 per cent to US$82.68 a barrel.</p><p><b>Gold</b> bounced US$6.10 or 0.3 per cent off a near two-month low to US$1,832.90 an ounce.</p><p>The <b>dollar</b> firmed 0.1 per cent to 68.14 US cents.</p></body></html>","source":"markerherald_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>ASX Close: Shares Fall for Third Week As Rates Outlook Dims</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\">\nASX Close: Shares Fall for Third Week As Rates Outlook Dims\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-24 14:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketherald.com.au/asx-close-shares-fall-for-third-week-as-rates-outlook-dims-2023-02-24/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The share market advanced for the first time in four sessions, but not by enough to avert a third straight weekly loss as investment markets steeled for more interest rate hikes.The S&P/ASX 200 ...</p>\n\n<a href=\"https://themarketherald.com.au/asx-close-shares-fall-for-third-week-as-rates-outlook-dims-2023-02-24/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","XKO.AU":"标普/澳交所 300指数","XJO.AU":"标普/澳交所 200指数"},"source_url":"https://themarketherald.com.au/asx-close-shares-fall-for-third-week-as-rates-outlook-dims-2023-02-24/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2313982582","content_text":"The share market advanced for the first time in four sessions, but not by enough to avert a third straight weekly loss as investment markets steeled for more interest rate hikes.The S&P/ASX 200 bounced 21.6 points or 0.3 per cent from a five-week low to 7307. Today’s advance trimmed the index’s weekly deficit to 40 points or roughly 0.5 per cent.Gains in the big banks and well-received trading updates from Brambles, Aristocrat Leisure and Afterpay owner Block helped offset declines in bulk metal producers. Lithium miners rallied after reporting massively increased profits.What moved the marketStocks continued to lose altitude this week as the major banks increased their interest rate forecasts to reflect hawkish Reserve Bank commentary. Westpac this morning joined ANZ and NAB in raising its peak rate forecast to 4.1 per cent.With the cash rate currently sitting at 3.35 per cent, the new target implies three more quarter-point increases.“We still see the date of the peak as May 2023 but now see that peak as slightly higher,” Westpac’s chief economist Bill Evans said.“At 4.1%, the cash rate will be in deeply contractionary territory and a pause will be appropriate,” he added. Evans then foresees no change in rates until the March quarter of next year.The ASX 200 has given up roughly half of its 2023 gains since the new year rally topped out on February 3.“If there is one thing that has been weighing heavily on equities since last year, it is hawkish central banks willing to sacrifice economic growth to focus exclusively on their mandate of bringing inflation down to acceptable levels. January was about no rate hikes, with the economy showing resilience and inflation showing some easing, which probably pushed equities higher,” Kunal Sawhney, CEO of research group Kalkine, said.“However, indices have been paring their January gains after this month’s monetary policy meetings. What happens over the near term may depend on forces that drive price growth and ultimately shape central banks’ rate decisions.”The S&P 500’s first rise in five sessions provided a base for today’s rebound. The broadest of Wall Street’s major indices bounced 0.53 per cent after data suggested the US economy was not running as hot at the end of last year as previously feared.Winners’ circleAfterpay owner Block jumped 5.86 per cent after a profit beat helped offset an earnings miss. The payments company reported a 40 per cent increase in fourth-quarter gross profit to US$1.66 billion. Earnings came in short of consensus expectations at 22 cents per share, versus an expected 30 cps.A guidance upgrade lifted transport logistics business Brambles 7.46 per cent. A strong first half prompted the company to raise its full-year revenue growth forecast to 12-14 per cent and its profit growth forecast to 15-18 per cent. First-half profit climbed 20 per cent on a constant currency basis to US$331.1 million.Aristocrat Leisure firmed 2.76 per cent after CEO Trevor Croker reaffirmed full-year guidance at this morning’s AGM. The pokie-maker expects net profit growth over the full year, underpinned by its gaming operations.Link Administration tacked on 0.47 per cent after beating its first-half earnings guidance. At $80.2 million, operating earnings were just ahead of guidance of $75-$80 million. Group revenues improved 1.9 per cent in constant currency terms.Pilbara Minerals rose 1.12 per cent after reporting a staggering 989 per cent lift in first-half profits amid unprecedented demand for lithium. Sales increased by 305 per cent from the prior corresponding period. Revenues jumped 647 per cent and earnings by 1,091 per cent. Statutory net profit after tax soared from $114 million to $1.24 billion.Allkem saw a similar explosion in first-half net profit from US$12.7 million to US$219.2 million. Revenues were a record US$557.9 million. The share price firmed 3.66 per cent.Beleaguered casino group Star Entertainment climbed 8.57 per cent after raising capital to shore up its balance sheet. The company raised $595 million from institutional investors. The company yesterday posted a $1.3 billion loss for the last half.Bega Cheese reversed much of yesterday’s post-earnings plunge with a bounce of 7.53 per cent.The big four high-street banks rallied between 0.12 and 1.32 per cent.DoghousePayments firm EML dived 9.48 per cent after its Irish subsidiary was warned it was not doing enough to meet Irish regulatory requirements. The Central Bank of Ireland said PFS Card Services Ireland had made only limited progress in fixing deficiencies in its anti-money laundering and counter-terrorist financing controls. The central bank was “minded” to impose a freeze on payments growth.Iron ore producers BHP and Rio Tinto retreated in the wake of price falls in Chinese ore after the exchange operator imposed a trading cap to curb speculation. Rio Tinto shed 3.63 per cent. BHP lost 1.61 per cent. Fortescue Metals gave up 1.71 per cent.Several companies traded ex-dividend. Deterra dropped 2.36 per cent, Newcrest 2.54 per cent and BlueScope Steel 0.7 per cent.Among other companies reporting earnings, Jumbo Interactive fell 0.89 per cent, Prospa 1.82 per cent, Universal Store 1.92 per cent and Austal 0.81 per cent.Other marketsJapan’s Nikkei index rallied 1.1 per cent as trade resumed after yesterday’s public holiday. The Asia Dow dropped 0.56 per cent, China’s Shanghai Composite 0.7 per cent and Hong Kong’s Hang Seng 1.41 per cent.US futures were little changed ahead of tonight’s inflation data. S&P 500 futures dipped four points or 0.1 per cent.Oil built on its first advance in seven sessions. Brent crude climbed 73 US cents or 0.9 per cent to US$82.68 a barrel.Gold bounced US$6.10 or 0.3 per cent off a near two-month low to US$1,832.90 an ounce.The dollar firmed 0.1 per cent to 68.14 US cents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957173358,"gmtCreate":1677122796675,"gmtModify":1677122800007,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957173358","repostId":"1140824510","repostType":4,"repost":{"id":"1140824510","pubTimestamp":1677120617,"share":"https://www.laohu8.com/m/news/1140824510?lang=&edition=full","pubTime":"2023-02-23 10:50","market":"other","language":"en","title":"Bitcoin, Ethereum, Dogecoin Slide After Mixed Fed Minutes: Analyst Says China Won't Fuel Coming Cycle","url":"https://stock-news.laohu8.com/highlight/detail?id=1140824510","media":"Benzinga","summary":"ZINGER KEY POINTSFOMC report highlighted warning signs of rampant inflation and the risk of a recess","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>FOMC report highlighted warning signs of rampant inflation and the risk of a recession.</li><li>U.S. stocks traded mixed amid ongoing inflation and recessionary fears.</li><li>Michaël van de Poppe said that the correlation between US indices and Bitcoin has not dropped.</li></ul><p>Major coins traded in the red on Wednesday evening, as the cryptocurrency market capitalization declined by 0.62% in the last 24 hours to $1.10 trillion, recorded at 8:30 p.m. EST.</p><p><b>What Happened:</b> Apex crypto <b>Bitcoin</b> was trading below $25,000 after the <b>Federal Open Market Committee</b> released its report, detailing the signs of slowing economic expansion, which was a positive sign for many investors anticipating more dovish monetary policy. However, the report also highlighted warning signs of rampant inflation and the risk of a recession. <b>Ethereum</b> was trading at less than $1,700. <b>Dogecoin</b> was trading at $0.085, down 0.03% in the last 24 hours.</p><p>Elon Musk once again demonstrated his ability to propel Dogecoin with a single tweet, after joking on Twitter that he &#34;let the Doge out,&#34; referring to the meme coin. DOGE, which was down 3% before that, spiked to $0.087 before reversing course at the time of writing.</p><p>U.S. stocks traded mixed amid ongoing inflation and recessionary fears that have weighed on markets for the past few days. The S&amp;P 500 dropped 0.16%, its fourth consecutive daily decline, while the technology-focused Nasdaq Composite Index rose by 0.13%.</p><p>Investment banking giant <b>JPMorgan</b> said in a research report that crypto exchange <b>Coinbase</b> is well positioned to deliver year-on-year improvement in EBITDA.</p><p><b>Google’s</b> cloud computing arm is expanding its Web3 capabilities with a new strategic partnership to become a network validator on the Tezos blockchain.</p><p><b>Analyst Notes</b>: “Bitcoin edges lower ahead of FOMC minutes. Bitcoin’s small decline is meaningless as traders brace for what a lot of traders believe could be hawkish Fed minutes. If the $25,500 is reached, momentum traders might try to support a rally toward the psychological $30,000 level.  If bearish momentum returns, Bitcoin has strong support at the $22,500 region,” said Edward Moya, senior analyst at OANA, in a note seen by Benzinga.</p><p>Crypto analyst <b>Michaël vande Poppe</b> said the correlation between U.S. indices and cryptocurrencies like Bitcoin has not dropped and that it is unlikely that the Chinese market will fuel the coming cycle. “It&#39;s not going to be the case that Bitcoin moons all of a sudden, while Nasdaq tanks to new lows,” he said.</p><p>Analyst <b>Justin Bennett</b> said Bitcoin&#39;s outlook did not look great, as we might not see the last anticipated push above $25,200 to short it. “Ultimately, I still think we get that move to $20,000.”</p><p></p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin, Ethereum, Dogecoin Slide After Mixed Fed Minutes: Analyst Says China Won't Fuel Coming Cycle</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin, Ethereum, Dogecoin Slide After Mixed Fed Minutes: Analyst Says China Won't Fuel Coming Cycle\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-23 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/23/02/31021084/bitcoin-ethereum-dogecoin-slide-after-mixed-fed-minutes-analyst-says-china-wont-fuel-comin><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSFOMC report highlighted warning signs of rampant inflation and the risk of a recession.U.S. stocks traded mixed amid ongoing inflation and recessionary fears.Michaël van de Poppe said...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/23/02/31021084/bitcoin-ethereum-dogecoin-slide-after-mixed-fed-minutes-analyst-says-china-wont-fuel-comin\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/markets/cryptocurrency/23/02/31021084/bitcoin-ethereum-dogecoin-slide-after-mixed-fed-minutes-analyst-says-china-wont-fuel-comin","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140824510","content_text":"ZINGER KEY POINTSFOMC report highlighted warning signs of rampant inflation and the risk of a recession.U.S. stocks traded mixed amid ongoing inflation and recessionary fears.Michaël van de Poppe said that the correlation between US indices and Bitcoin has not dropped.Major coins traded in the red on Wednesday evening, as the cryptocurrency market capitalization declined by 0.62% in the last 24 hours to $1.10 trillion, recorded at 8:30 p.m. EST.What Happened: Apex crypto Bitcoin was trading below $25,000 after the Federal Open Market Committee released its report, detailing the signs of slowing economic expansion, which was a positive sign for many investors anticipating more dovish monetary policy. However, the report also highlighted warning signs of rampant inflation and the risk of a recession. Ethereum was trading at less than $1,700. Dogecoin was trading at $0.085, down 0.03% in the last 24 hours.Elon Musk once again demonstrated his ability to propel Dogecoin with a single tweet, after joking on Twitter that he \"let the Doge out,\" referring to the meme coin. DOGE, which was down 3% before that, spiked to $0.087 before reversing course at the time of writing.U.S. stocks traded mixed amid ongoing inflation and recessionary fears that have weighed on markets for the past few days. The S&P 500 dropped 0.16%, its fourth consecutive daily decline, while the technology-focused Nasdaq Composite Index rose by 0.13%.Investment banking giant JPMorgan said in a research report that crypto exchange Coinbase is well positioned to deliver year-on-year improvement in EBITDA.Google’s cloud computing arm is expanding its Web3 capabilities with a new strategic partnership to become a network validator on the Tezos blockchain.Analyst Notes: “Bitcoin edges lower ahead of FOMC minutes. Bitcoin’s small decline is meaningless as traders brace for what a lot of traders believe could be hawkish Fed minutes. If the $25,500 is reached, momentum traders might try to support a rally toward the psychological $30,000 level.  If bearish momentum returns, Bitcoin has strong support at the $22,500 region,” said Edward Moya, senior analyst at OANA, in a note seen by Benzinga.Crypto analyst Michaël vande Poppe said the correlation between U.S. indices and cryptocurrencies like Bitcoin has not dropped and that it is unlikely that the Chinese market will fuel the coming cycle. “It's not going to be the case that Bitcoin moons all of a sudden, while Nasdaq tanks to new lows,” he said.Analyst Justin Bennett said Bitcoin's outlook did not look great, as we might not see the last anticipated push above $25,200 to short it. “Ultimately, I still think we get that move to $20,000.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954471934,"gmtCreate":1676595272729,"gmtModify":1676595276680,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954471934","repostId":"2312471087","repostType":4,"repost":{"id":"2312471087","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":1676594044,"share":"https://www.laohu8.com/m/news/2312471087?lang=&edition=full","pubTime":"2023-02-17 08:34","market":"us","language":"en","title":"Paramount+ to Raise Prices for Its Streaming Plans Later This Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2312471087","media":"Dow Jones","summary":"Streaming subscribers will soon be paying more for Paramount+, whether or not they have Showtime add","content":"<html><head></head><body><p>Streaming subscribers will soon be paying more for Paramount+, whether or not they have Showtime added on to their plan.</p><p><a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> (PARA) Chief Executive Bob Bakish said Thursday on the company&#39;s earnings call that prices will rise in the third quarter of 2023, despite Paramount+ seeing a record addition of nearly 10 million subscriptions last quarter.</p><p>&#34;We all know streaming represents incredible value for consumers and the Paramount+ offering is far from the industry price leader. We are on the value end of the pricing spectrum. And so in 2023, we will raise prices both for Paramount Plus Premium and Essential, both in the U.S., and select international markets,&#34; Bakish said, according to a FactSet transcript.</p><p>The price of the ad-supported tier, which does not include Showtime, will rise from $4.99 a month to $5.99 a month, while the ad-free tier will rise from $9.99 a month to $11.99 a month, including Showtime. They&#39;ll be the first price hikes since CBS All Access rebranded as Paramount+ two years ago.</p><p>Even at the higher price, the service will still be cheaper than rivals such as Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a>, Disney&#39;s <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> Hulu, and <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a>&#39;s (WBD) HBO Max.</p><p>In January, Paramount announced Paramount+ and Showtime will merge later this year, under the new name &#34;Paramount+ with Showtime.&#34; The merger is expected in the third quarter as well.</p><p>Paramount shares have shot nearly 40% higher year to date, but are still down 20% over the past 12 months, compared to the S&amp;P 500&#39;s  6.5% increase in 2023 and 6.6% decline over the past year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Paramount+ to Raise Prices for Its Streaming Plans Later This Year</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\">\nParamount+ to Raise Prices for Its Streaming Plans Later This Year\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\">2023-02-17 08:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Streaming subscribers will soon be paying more for Paramount+, whether or not they have Showtime added on to their plan.</p><p><a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> (PARA) Chief Executive Bob Bakish said Thursday on the company&#39;s earnings call that prices will rise in the third quarter of 2023, despite Paramount+ seeing a record addition of nearly 10 million subscriptions last quarter.</p><p>&#34;We all know streaming represents incredible value for consumers and the Paramount+ offering is far from the industry price leader. We are on the value end of the pricing spectrum. And so in 2023, we will raise prices both for Paramount Plus Premium and Essential, both in the U.S., and select international markets,&#34; Bakish said, according to a FactSet transcript.</p><p>The price of the ad-supported tier, which does not include Showtime, will rise from $4.99 a month to $5.99 a month, while the ad-free tier will rise from $9.99 a month to $11.99 a month, including Showtime. They&#39;ll be the first price hikes since CBS All Access rebranded as Paramount+ two years ago.</p><p>Even at the higher price, the service will still be cheaper than rivals such as Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a>, Disney&#39;s <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> Hulu, and <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a>&#39;s (WBD) HBO Max.</p><p>In January, Paramount announced Paramount+ and Showtime will merge later this year, under the new name &#34;Paramount+ with Showtime.&#34; The merger is expected in the third quarter as well.</p><p>Paramount shares have shot nearly 40% higher year to date, but are still down 20% over the past 12 months, compared to the S&amp;P 500&#39;s  6.5% increase in 2023 and 6.6% decline over the past year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PARA":"Paramount Global"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2312471087","content_text":"Streaming subscribers will soon be paying more for Paramount+, whether or not they have Showtime added on to their plan.Paramount Global (PARA) Chief Executive Bob Bakish said Thursday on the company's earnings call that prices will rise in the third quarter of 2023, despite Paramount+ seeing a record addition of nearly 10 million subscriptions last quarter.\"We all know streaming represents incredible value for consumers and the Paramount+ offering is far from the industry price leader. We are on the value end of the pricing spectrum. And so in 2023, we will raise prices both for Paramount Plus Premium and Essential, both in the U.S., and select international markets,\" Bakish said, according to a FactSet transcript.The price of the ad-supported tier, which does not include Showtime, will rise from $4.99 a month to $5.99 a month, while the ad-free tier will rise from $9.99 a month to $11.99 a month, including Showtime. They'll be the first price hikes since CBS All Access rebranded as Paramount+ two years ago.Even at the higher price, the service will still be cheaper than rivals such as Netflix $(NFLX)$, Disney's $(DIS)$ Hulu, and Warner Bros. Discovery's (WBD) HBO Max.In January, Paramount announced Paramount+ and Showtime will merge later this year, under the new name \"Paramount+ with Showtime.\" The merger is expected in the third quarter as well.Paramount shares have shot nearly 40% higher year to date, but are still down 20% over the past 12 months, compared to the S&P 500's  6.5% increase in 2023 and 6.6% decline over the past year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954570877,"gmtCreate":1676507583500,"gmtModify":1676507587739,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954570877","repostId":"2311433758","repostType":4,"repost":{"id":"2311433758","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":1676505690,"share":"https://www.laohu8.com/m/news/2311433758?lang=&edition=full","pubTime":"2023-02-16 08:01","market":"us","language":"en","title":"Tesla to Open U.S. Charging Network to Rivals in $7.5 Bln Federal Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2311433758","media":"Reuters","summary":"(Reuters) - Tesla Inc will open part of its U.S. charging network to electric vehicles (EVs) made by","content":"<html><head></head><body><p>(Reuters) - Tesla Inc will open part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to expand the use of EVs to cut carbon emissions, the Biden administration said on Wednesday.</p><p>Such a move could help turn Tesla into the universal &#34;filling station&#34; of the EV era - and risk eroding a competitive edge for vehicles made by the company, which has exclusive access to the biggest network of high-speed Superchargers in the United States.</p><p>By late 2024, Tesla will open 3,500 new and existing Superchargers along highway corridors to non-Tesla customers, the Biden administration said. It will also offer 4,000 slower chargers at locations like hotels and restaurants.</p><p>A White House official said at a briefing that Tesla would be eligible for a subsidy - including retrofitting its existing fleet - as long as its chargers would allow other vehicles with a federally backed charging standard called CCS to charge.</p><p>The administration said Tesla has not committed to adopting CCS as its standard, but it must comply with the requirements to qualify for federal funds.</p><p>Neither Tesla nor Chief Executive Elon Musk responded to requests for comment.</p><p>Tesla has 17,711 Superchargers, accounting for about 60% of total U.S. fast chargers that can add hundreds of miles of driving range in an hour or less. There are also nearly 10,000 &#34;destination&#34; chargers with Tesla plugs that can recharge a vehicle overnight.</p><p>Opening up access to Tesla&#39;s network would be a quick win for an ambitious federal program to build 500,000 EV chargers by 2030, up from 130,000 currently.</p><p>In a conversation with senior government officials last year, Musk said &#34;his intent was to work with us to make his network inter-operable,&#34; White House National Climate Adviser Ali Zaidi said.</p><p>PLUG AND PAY</p><p>Companies that hope to tap the federal funding for this network must also use standardized payment options which require a single method of identification that works across all chargers, the administration said.</p><p>It said all EV drivers will be able to access these stations using the Tesla app or website.</p><p>To add non-Tesla owners may require a potentially different plug and method of payment.</p><p>&#34;Tesla does have a hardware and a software solution&#34; to allow for CCS, the White House official said.</p><p>Investors and U.S. EV enthusiasts have been waiting for action on chargers from Musk, who said in 2021 that the point of his charging network was &#34;not to create a walled garden and use that to bludgeon our competitors.&#34; The company has opened up some Superchargers in Europe and Australia to non-Tesla owners since 2021.</p><p>Analysts said the amount of federal funds at stake meant Musk had to either act on the plan or risk other charging companies, such as EVgo Inc and ChargePoint Holdings Inc, taking the market.</p><p>&#34;The amount of money involved in the National Electric Vehicle Infrastructure Formula Program provides a strong incentive for Tesla to adapt its strategy to include the installation of CCS ports,&#34; said Sam Houston, senior vehicles analyst at the Union of Concerned Scientists.</p><p>Chris Harto, a senior policy analyst at Consumer Reports, said, &#34;There is no doubt the $7.5 billion in federal charging investment threatens Tesla&#39;s competitive advantage. That is actually the entire point of the program.&#34;</p><p>Opening up its networks could expand funding and revenue for Tesla, but could also erode the brand&#39;s exclusivity and make it challenging for the automaker to manage the network, analysts said.</p><p>&#34;There is a strong likelihood that if they open the Supercharger network to other vehicles, their current excellent reliability rate will decline significantly,&#34; said Guidehouse Insights analyst Sam Abuelsamid.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla to Open U.S. Charging Network to Rivals in $7.5 Bln Federal Program</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\">\nTesla to Open U.S. Charging Network to Rivals in $7.5 Bln Federal Program\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\">2023-02-16 08:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Tesla Inc will open part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to expand the use of EVs to cut carbon emissions, the Biden administration said on Wednesday.</p><p>Such a move could help turn Tesla into the universal &#34;filling station&#34; of the EV era - and risk eroding a competitive edge for vehicles made by the company, which has exclusive access to the biggest network of high-speed Superchargers in the United States.</p><p>By late 2024, Tesla will open 3,500 new and existing Superchargers along highway corridors to non-Tesla customers, the Biden administration said. It will also offer 4,000 slower chargers at locations like hotels and restaurants.</p><p>A White House official said at a briefing that Tesla would be eligible for a subsidy - including retrofitting its existing fleet - as long as its chargers would allow other vehicles with a federally backed charging standard called CCS to charge.</p><p>The administration said Tesla has not committed to adopting CCS as its standard, but it must comply with the requirements to qualify for federal funds.</p><p>Neither Tesla nor Chief Executive Elon Musk responded to requests for comment.</p><p>Tesla has 17,711 Superchargers, accounting for about 60% of total U.S. fast chargers that can add hundreds of miles of driving range in an hour or less. There are also nearly 10,000 &#34;destination&#34; chargers with Tesla plugs that can recharge a vehicle overnight.</p><p>Opening up access to Tesla&#39;s network would be a quick win for an ambitious federal program to build 500,000 EV chargers by 2030, up from 130,000 currently.</p><p>In a conversation with senior government officials last year, Musk said &#34;his intent was to work with us to make his network inter-operable,&#34; White House National Climate Adviser Ali Zaidi said.</p><p>PLUG AND PAY</p><p>Companies that hope to tap the federal funding for this network must also use standardized payment options which require a single method of identification that works across all chargers, the administration said.</p><p>It said all EV drivers will be able to access these stations using the Tesla app or website.</p><p>To add non-Tesla owners may require a potentially different plug and method of payment.</p><p>&#34;Tesla does have a hardware and a software solution&#34; to allow for CCS, the White House official said.</p><p>Investors and U.S. EV enthusiasts have been waiting for action on chargers from Musk, who said in 2021 that the point of his charging network was &#34;not to create a walled garden and use that to bludgeon our competitors.&#34; The company has opened up some Superchargers in Europe and Australia to non-Tesla owners since 2021.</p><p>Analysts said the amount of federal funds at stake meant Musk had to either act on the plan or risk other charging companies, such as EVgo Inc and ChargePoint Holdings Inc, taking the market.</p><p>&#34;The amount of money involved in the National Electric Vehicle Infrastructure Formula Program provides a strong incentive for Tesla to adapt its strategy to include the installation of CCS ports,&#34; said Sam Houston, senior vehicles analyst at the Union of Concerned Scientists.</p><p>Chris Harto, a senior policy analyst at Consumer Reports, said, &#34;There is no doubt the $7.5 billion in federal charging investment threatens Tesla&#39;s competitive advantage. That is actually the entire point of the program.&#34;</p><p>Opening up its networks could expand funding and revenue for Tesla, but could also erode the brand&#39;s exclusivity and make it challenging for the automaker to manage the network, analysts said.</p><p>&#34;There is a strong likelihood that if they open the Supercharger network to other vehicles, their current excellent reliability rate will decline significantly,&#34; said Guidehouse Insights analyst Sam Abuelsamid.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2311433758","content_text":"(Reuters) - Tesla Inc will open part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to expand the use of EVs to cut carbon emissions, the Biden administration said on Wednesday.Such a move could help turn Tesla into the universal \"filling station\" of the EV era - and risk eroding a competitive edge for vehicles made by the company, which has exclusive access to the biggest network of high-speed Superchargers in the United States.By late 2024, Tesla will open 3,500 new and existing Superchargers along highway corridors to non-Tesla customers, the Biden administration said. It will also offer 4,000 slower chargers at locations like hotels and restaurants.A White House official said at a briefing that Tesla would be eligible for a subsidy - including retrofitting its existing fleet - as long as its chargers would allow other vehicles with a federally backed charging standard called CCS to charge.The administration said Tesla has not committed to adopting CCS as its standard, but it must comply with the requirements to qualify for federal funds.Neither Tesla nor Chief Executive Elon Musk responded to requests for comment.Tesla has 17,711 Superchargers, accounting for about 60% of total U.S. fast chargers that can add hundreds of miles of driving range in an hour or less. There are also nearly 10,000 \"destination\" chargers with Tesla plugs that can recharge a vehicle overnight.Opening up access to Tesla's network would be a quick win for an ambitious federal program to build 500,000 EV chargers by 2030, up from 130,000 currently.In a conversation with senior government officials last year, Musk said \"his intent was to work with us to make his network inter-operable,\" White House National Climate Adviser Ali Zaidi said.PLUG AND PAYCompanies that hope to tap the federal funding for this network must also use standardized payment options which require a single method of identification that works across all chargers, the administration said.It said all EV drivers will be able to access these stations using the Tesla app or website.To add non-Tesla owners may require a potentially different plug and method of payment.\"Tesla does have a hardware and a software solution\" to allow for CCS, the White House official said.Investors and U.S. EV enthusiasts have been waiting for action on chargers from Musk, who said in 2021 that the point of his charging network was \"not to create a walled garden and use that to bludgeon our competitors.\" The company has opened up some Superchargers in Europe and Australia to non-Tesla owners since 2021.Analysts said the amount of federal funds at stake meant Musk had to either act on the plan or risk other charging companies, such as EVgo Inc and ChargePoint Holdings Inc, taking the market.\"The amount of money involved in the National Electric Vehicle Infrastructure Formula Program provides a strong incentive for Tesla to adapt its strategy to include the installation of CCS ports,\" said Sam Houston, senior vehicles analyst at the Union of Concerned Scientists.Chris Harto, a senior policy analyst at Consumer Reports, said, \"There is no doubt the $7.5 billion in federal charging investment threatens Tesla's competitive advantage. That is actually the entire point of the program.\"Opening up its networks could expand funding and revenue for Tesla, but could also erode the brand's exclusivity and make it challenging for the automaker to manage the network, analysts said.\"There is a strong likelihood that if they open the Supercharger network to other vehicles, their current excellent reliability rate will decline significantly,\" said Guidehouse Insights analyst Sam Abuelsamid.","news_type":1},"isVote":1,"tweetType":1,"viewCount":586,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954270471,"gmtCreate":1676431169693,"gmtModify":1676431172314,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954270471","repostId":"2311142774","repostType":4,"repost":{"id":"2311142774","pubTimestamp":1676429648,"share":"https://www.laohu8.com/m/news/2311142774?lang=&edition=full","pubTime":"2023-02-15 10:54","market":"us","language":"en","title":"TSMC Shares Decline After Buffett’s Berkshire Slashes Holdings","url":"https://stock-news.laohu8.com/highlight/detail?id=2311142774","media":"Bloomberg","summary":"(Bloomberg) -- Shares of Taiwan Semiconductor Manufacturing Co. dropped as much as 3.7% after a fili","content":"<html><head></head><body><p>(Bloomberg) -- Shares of Taiwan Semiconductor Manufacturing Co. dropped as much as 3.7% after a filing showed Warren Buffett’s Berkshire Hathaway Inc. slashed its stake in the chip giant.</p><p>The Omaha-based conglomerate cut its holdings of TSMC’s American depositary receipts by 86% last quarter to 8.29 million, valued at $617.7 million, according to the latest 13F filing.</p><p>Shares of the world’s largest chip foundry jumped in Taipei in November after news that Buffett had acquired a stake worth about $5 billion. The purchase was seen as a sign that the legendary investor thought the stock had bottomed after a selloff of more than $250 billion.</p><p>Concerns remain over the outlook for the semiconductor industry, however, as investors brace for a global economic slowdown. TSMC last month announced plans to lower spending and signaled this quarter could mark its first revenue drop in four years.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TSMC Shares Decline After Buffett’s Berkshire Slashes Holdings</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\">\nTSMC Shares Decline After Buffett’s Berkshire Slashes Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-15 10:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-15/tsmc-shares-decline-after-buffett-s-berkshire-slashes-holdings><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Shares of Taiwan Semiconductor Manufacturing Co. dropped as much as 3.7% after a filing showed Warren Buffett’s Berkshire Hathaway Inc. slashed its stake in the chip giant.The Omaha-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-15/tsmc-shares-decline-after-buffett-s-berkshire-slashes-holdings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0251142724.SGD":"Fidelity America A-SGD","BK4527":"明星科技股","SG9999004220.SGD":"Nikko AM Shenton Asia Dividend Equity Fund  SGD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4550":"红杉资本持仓","BK4526":"热门中概股","BK4141":"半导体产品","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","BK4503":"景林资产持仓","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0971096721.USD":"富达环球金融服务 A","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4505":"高瓴资本持仓","LU0149725797.USD":"汇丰美国股市经济规模基金","BRK.A":"伯克希尔","BK4581":"高盛持仓","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK4512":"苹果概念","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0541501648.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4176":"多领域控股","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0541502299.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"I\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","BK4532":"文艺复兴科技持仓","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-15/tsmc-shares-decline-after-buffett-s-berkshire-slashes-holdings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2311142774","content_text":"(Bloomberg) -- Shares of Taiwan Semiconductor Manufacturing Co. dropped as much as 3.7% after a filing showed Warren Buffett’s Berkshire Hathaway Inc. slashed its stake in the chip giant.The Omaha-based conglomerate cut its holdings of TSMC’s American depositary receipts by 86% last quarter to 8.29 million, valued at $617.7 million, according to the latest 13F filing.Shares of the world’s largest chip foundry jumped in Taipei in November after news that Buffett had acquired a stake worth about $5 billion. The purchase was seen as a sign that the legendary investor thought the stock had bottomed after a selloff of more than $250 billion.Concerns remain over the outlook for the semiconductor industry, however, as investors brace for a global economic slowdown. TSMC last month announced plans to lower spending and signaled this quarter could mark its first revenue drop in four years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954174242,"gmtCreate":1676172462387,"gmtModify":1676172465748,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954174242","repostId":"2310933703","repostType":4,"repost":{"id":"2310933703","pubTimestamp":1676166246,"share":"https://www.laohu8.com/m/news/2310933703?lang=&edition=full","pubTime":"2023-02-12 09:44","market":"us","language":"en","title":"NIO Still Intact: Tesla's Price Cut Is Likely Not A Problem","url":"https://stock-news.laohu8.com/highlight/detail?id=2310933703","media":"Seekingalpha","summary":"We previously covered NIO Inc (NYSE:NIO) here in December 2022. Its massive tailwinds for growth and","content":"<html><head></head><body><p>We previously covered NIO Inc (NYSE:NIO) here in December 2022. Its massive tailwinds for growth and adoption in the EU were discussed in depth, due to the company&#39;s aggressive plan to expand the number of power swap stations in the region. Notably, the company reported improving monthly EV deliveries and a robust balance sheet, implying growing consumer demand and improved liquidity over the next few quarters.</p><p>For this article, we will focus on NIO&#39;s strategic choice in investing in the consumer experience and moving forward with the battery swap idea, one previously abandoned by Elon Musk. Combined with the expansion of its line-ups, the company had reported elevated operating expenses, triggering headwinds to its profitability. However, with the normalization of supply chains and management&#39;s ambitious guidance, we might see the company deliver stellar numbers in 2023.</p><h2><b>NIO&#39;s Aggressive Operating And R&amp;D Efforts Remain Speculative</b></h2><p><b>NIO House &amp; Spaces Globally</b></p><p>NIO had aimed to promote a premium automotive lifestyle, attributed to its 399 houses/ spaces (akin to clubhouses/ showrooms) in 149 cities and 280 service centers/ delivery centers in 163 cities. The company also boasted overseas locations in Germany, Norway, and Sweden by the end of 2022, with plans to expand to the Netherlands and Denmark, amongst others.</p><p>On top of that, NIO installed a total of 1.21K power swap stations and 2.05K of charging stations thus far, with a partner charging network of over 380K chargers in the EU. Notably, the company aimed to operate over 120 power swap stations in the EU by the end of 2023, with up to 1K planned by 2025.</p><p>As NIO expanded its sales/service network and advocated its battery swap idea (one that was abandoned by Elon Musk since 2015), it was no wonder that the company had recorded an elevated SG&amp;A expenses of 9.39B Yuan or the equivalent of $1.32B (+35.4% YoY) over the LTM.</p><p>In comparison, Tesla (NASDAQ:TSLA) had opted for an asset light strategy, with a limited number of stores and service centers. This might have explained its reduced SG&amp;A expenses of $3.95B (-12.6% YoY) in FY2022.</p><p>Compared to TSLA&#39;s existing four retail models, NIO&#39;s eight models also offered a staggering variety of choices. While this might have served consumers well, it appeared that the strategy had not worked in its favor, considering that the company only delivered 122.48K of vehicles in 2022 (+34% YoY), despite the 150K design capacity on a single shift.</p><p>These numbers were naturally lacking compared to TSLA&#39;s delivery of 439.77K in 2022 for the Chinese market alone, expanding by 37.1% YoY. Notably, the company&#39;s Shanghai Gigafactory was working on double shifts, churning out over 710K vehicles in 2022 on a factory design capacity of 1M. According to these numbers, consumer demand was more than healthy indeed.</p><p>This comparison matters, since NIO reported 8.66B Yuan or the equivalent of $1.22B in R&amp;D expenses over the last twelve months [LTM], comprising up to 20% of its revenues. Meanwhile, XPeng (NYSE:XPEV) only spent 5.43B Yuan/ $764M/ 17.9% and Li Auto (NASDAQ:LI) at 5.84B Yuan/ $821M/ 15.2%, respectively.</p><p>On the other hand, TSLA recorded a much improved ratio at 3.9%/ $3.07B of its automotive revenues at $77.55B in FY2022, with BYD (OTCPK:BYDDF) (OTCPK:BYDDY) similarly achieving excellent operating and production scale at 3.8%/ 13.63B Yuan/ $1.92B of R&amp;D expenses while reporting 338.64B Yuan/ $47.6B of revenues in the LTM.</p><p>With unsatisfactory results to show till now, NIO might have been overly aggressive with the marketing and R&amp;D efforts, since it has yet to report positive operating margins.</p><h2>A Price War May Be Coming In The Chinese EV Market</h2><p>Most importantly, TSLA&#39;s aggressive price cuts have sparked massive retail demand, growing by 36% YoY to 25.68K vehicles in January 2023. Its Model 3 and Model Y now retailed at 229.9K Yuan and 259.9K Yuan, discounted by -13.5% and -10% from 2022 prices, respectively.</p><p>Therefore, it was unsurprising that TSLA&#39;s Shanghai Gigafactory had targeted a production output of 20K vehicles weekly in February and March 2023, compared to December 2022&#39;s compressed levels of 13.94K.</p><p>While NIO worked to debunk the supposed price cuts, it had previously offered generous discounts of up to 100K Yuan by early February 2023. The 2022 ES6 and ES8 show/stock cars costed 313.7K Yuan and 428K Yuan, respectively. The company clearly had difficulties clearing older inventories worth $937M by the latest quarter (+86.9% QoQ and +255.1% YoY). Notably, these SUV models remained more expensive than TSLA&#39;s Model Y, even after the drastic discounts equivalent to $14.9K.</p><p>As a result of its lack of meaningful profit margin, NIO might face more execution challenges in the Chinese market indeed, in the event of an all-out price war. XPEV had similarly announced unsustainable price cuts between -10% and -13%, in order to retain market share:</p><blockquote>We hope to make intelligent vehicles more accessible to more people with more competitive prices. (Reuters)</blockquote><p>NIO will likely have to tread very carefully moving forward, despite the stellar total cash/ investments of 44.8B Yuan or the equivalent of $6.29B by the latest quarter. Assuming that the management chose not to engage in the upcoming battle, it might have a better chance of improving its margins and achieving profitability from FY2025 onwards.</p><p>In contrast, NIO&#39;s orders and deliveries might be negatively affected by the intense competition, similarly impacting market sentiments and its stock price moving forward. This is what we call being caught between a rock and a hard place.</p><h2><b>So, Is NIO Stock A Buy, Sell, Or Hold?</b></h2><p><b>NIO 1Y Stock Price</b></p><p></p><p><img src=\"https://static.tigerbbs.com/8d120a8855f50db6066d85f73fe7e153\" tg-width=\"640\" tg-height=\"368\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Trading View</p><p>The NIO stock appeared to be on a downtrend after hitting its December and January resistance levels of $12, suggesting a potential retest of the recent bottom at $9. Combined with the pessimistic market sentiments about the January deliveries of 8.5K vehicles (-46.2% MoM &amp; -12% YoY) due to the Chinese New Year festivities, investors might be able to see another attractive entry point ahead.</p><p>Therefore, we continue to rate the NIO stock as a speculative buy, with the caveat that the exercise has to consequently reduce investors&#39; dollar cost average.</p><p>As a result of improving supply chains, NIO has guided for an excellent quarterly production output of 43K units moving forward, suggesting a meaningful improvement of 40.4% sequentially. In addition, it aimed to achieve a 19K monthly run rate from December 2022 onwards, implying an ambitious ramp up by 86% YoY to ~228K by the end of 2023. Assuming so, the aggressive marketing and R&amp;D efforts might end up being well worth it, potentially triggering a future recovery of the stock price in our view.</p><p>On the other hand, investors must be cognizant of the persistent geopolitical risks associated with Chinese stocks, since it remains to be seen when Mr. Market&#39;s confidence may return moving forward, significantly destabilized by the recent &#39;spy balloon&#39; incident since February 3, 2023. Interestingly, the NIO stock has lost ground by -8.7% since then.</p><p>Nonetheless, we remain confident that these headwinds will not last forever, since the rhetoric from Beijing has become increasingly reconciliatory and pro-recovery. This is attributed to the government&#39;s desire to reopen globally after three years of Zero Covid Policy, to achieve the aggressive GDP growth of up to 5.5% in 2023.</p><p>We think this correction is a golden opportunity for investors with higher risk tolerances, since the NIO stock price has been drastically compressed.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","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>NIO Still Intact: Tesla's Price Cut Is Likely Not A Problem</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\">\nNIO Still Intact: Tesla's Price Cut Is Likely Not A Problem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-12 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4576875-nio-still-intact-teslas-price-cut-is-likely-not-a-problem><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We previously covered NIO Inc (NYSE:NIO) here in December 2022. Its massive tailwinds for growth and adoption in the EU were discussed in depth, due to the company's aggressive plan to expand the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4576875-nio-still-intact-teslas-price-cut-is-likely-not-a-problem\">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","NIO":"蔚来","NIO.SI":"蔚来"},"source_url":"https://seekingalpha.com/article/4576875-nio-still-intact-teslas-price-cut-is-likely-not-a-problem","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2310933703","content_text":"We previously covered NIO Inc (NYSE:NIO) here in December 2022. Its massive tailwinds for growth and adoption in the EU were discussed in depth, due to the company's aggressive plan to expand the number of power swap stations in the region. Notably, the company reported improving monthly EV deliveries and a robust balance sheet, implying growing consumer demand and improved liquidity over the next few quarters.For this article, we will focus on NIO's strategic choice in investing in the consumer experience and moving forward with the battery swap idea, one previously abandoned by Elon Musk. Combined with the expansion of its line-ups, the company had reported elevated operating expenses, triggering headwinds to its profitability. However, with the normalization of supply chains and management's ambitious guidance, we might see the company deliver stellar numbers in 2023.NIO's Aggressive Operating And R&D Efforts Remain SpeculativeNIO House & Spaces GloballyNIO had aimed to promote a premium automotive lifestyle, attributed to its 399 houses/ spaces (akin to clubhouses/ showrooms) in 149 cities and 280 service centers/ delivery centers in 163 cities. The company also boasted overseas locations in Germany, Norway, and Sweden by the end of 2022, with plans to expand to the Netherlands and Denmark, amongst others.On top of that, NIO installed a total of 1.21K power swap stations and 2.05K of charging stations thus far, with a partner charging network of over 380K chargers in the EU. Notably, the company aimed to operate over 120 power swap stations in the EU by the end of 2023, with up to 1K planned by 2025.As NIO expanded its sales/service network and advocated its battery swap idea (one that was abandoned by Elon Musk since 2015), it was no wonder that the company had recorded an elevated SG&A expenses of 9.39B Yuan or the equivalent of $1.32B (+35.4% YoY) over the LTM.In comparison, Tesla (NASDAQ:TSLA) had opted for an asset light strategy, with a limited number of stores and service centers. This might have explained its reduced SG&A expenses of $3.95B (-12.6% YoY) in FY2022.Compared to TSLA's existing four retail models, NIO's eight models also offered a staggering variety of choices. While this might have served consumers well, it appeared that the strategy had not worked in its favor, considering that the company only delivered 122.48K of vehicles in 2022 (+34% YoY), despite the 150K design capacity on a single shift.These numbers were naturally lacking compared to TSLA's delivery of 439.77K in 2022 for the Chinese market alone, expanding by 37.1% YoY. Notably, the company's Shanghai Gigafactory was working on double shifts, churning out over 710K vehicles in 2022 on a factory design capacity of 1M. According to these numbers, consumer demand was more than healthy indeed.This comparison matters, since NIO reported 8.66B Yuan or the equivalent of $1.22B in R&D expenses over the last twelve months [LTM], comprising up to 20% of its revenues. Meanwhile, XPeng (NYSE:XPEV) only spent 5.43B Yuan/ $764M/ 17.9% and Li Auto (NASDAQ:LI) at 5.84B Yuan/ $821M/ 15.2%, respectively.On the other hand, TSLA recorded a much improved ratio at 3.9%/ $3.07B of its automotive revenues at $77.55B in FY2022, with BYD (OTCPK:BYDDF) (OTCPK:BYDDY) similarly achieving excellent operating and production scale at 3.8%/ 13.63B Yuan/ $1.92B of R&D expenses while reporting 338.64B Yuan/ $47.6B of revenues in the LTM.With unsatisfactory results to show till now, NIO might have been overly aggressive with the marketing and R&D efforts, since it has yet to report positive operating margins.A Price War May Be Coming In The Chinese EV MarketMost importantly, TSLA's aggressive price cuts have sparked massive retail demand, growing by 36% YoY to 25.68K vehicles in January 2023. Its Model 3 and Model Y now retailed at 229.9K Yuan and 259.9K Yuan, discounted by -13.5% and -10% from 2022 prices, respectively.Therefore, it was unsurprising that TSLA's Shanghai Gigafactory had targeted a production output of 20K vehicles weekly in February and March 2023, compared to December 2022's compressed levels of 13.94K.While NIO worked to debunk the supposed price cuts, it had previously offered generous discounts of up to 100K Yuan by early February 2023. The 2022 ES6 and ES8 show/stock cars costed 313.7K Yuan and 428K Yuan, respectively. The company clearly had difficulties clearing older inventories worth $937M by the latest quarter (+86.9% QoQ and +255.1% YoY). Notably, these SUV models remained more expensive than TSLA's Model Y, even after the drastic discounts equivalent to $14.9K.As a result of its lack of meaningful profit margin, NIO might face more execution challenges in the Chinese market indeed, in the event of an all-out price war. XPEV had similarly announced unsustainable price cuts between -10% and -13%, in order to retain market share:We hope to make intelligent vehicles more accessible to more people with more competitive prices. (Reuters)NIO will likely have to tread very carefully moving forward, despite the stellar total cash/ investments of 44.8B Yuan or the equivalent of $6.29B by the latest quarter. Assuming that the management chose not to engage in the upcoming battle, it might have a better chance of improving its margins and achieving profitability from FY2025 onwards.In contrast, NIO's orders and deliveries might be negatively affected by the intense competition, similarly impacting market sentiments and its stock price moving forward. This is what we call being caught between a rock and a hard place.So, Is NIO Stock A Buy, Sell, Or Hold?NIO 1Y Stock PriceTrading ViewThe NIO stock appeared to be on a downtrend after hitting its December and January resistance levels of $12, suggesting a potential retest of the recent bottom at $9. Combined with the pessimistic market sentiments about the January deliveries of 8.5K vehicles (-46.2% MoM & -12% YoY) due to the Chinese New Year festivities, investors might be able to see another attractive entry point ahead.Therefore, we continue to rate the NIO stock as a speculative buy, with the caveat that the exercise has to consequently reduce investors' dollar cost average.As a result of improving supply chains, NIO has guided for an excellent quarterly production output of 43K units moving forward, suggesting a meaningful improvement of 40.4% sequentially. In addition, it aimed to achieve a 19K monthly run rate from December 2022 onwards, implying an ambitious ramp up by 86% YoY to ~228K by the end of 2023. Assuming so, the aggressive marketing and R&D efforts might end up being well worth it, potentially triggering a future recovery of the stock price in our view.On the other hand, investors must be cognizant of the persistent geopolitical risks associated with Chinese stocks, since it remains to be seen when Mr. Market's confidence may return moving forward, significantly destabilized by the recent 'spy balloon' incident since February 3, 2023. Interestingly, the NIO stock has lost ground by -8.7% since then.Nonetheless, we remain confident that these headwinds will not last forever, since the rhetoric from Beijing has become increasingly reconciliatory and pro-recovery. This is attributed to the government's desire to reopen globally after three years of Zero Covid Policy, to achieve the aggressive GDP growth of up to 5.5% in 2023.We think this correction is a golden opportunity for investors with higher risk tolerances, since the NIO stock price has been drastically compressed.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954386896,"gmtCreate":1676000853316,"gmtModify":1676000856681,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954386896","repostId":"2310466816","repostType":4,"repost":{"id":"2310466816","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":1675983315,"share":"https://www.laohu8.com/m/news/2310466816?lang=&edition=full","pubTime":"2023-02-10 06:55","market":"us","language":"en","title":"Wall St Dips As Treasury Yields Rise After Auction","url":"https://stock-news.laohu8.com/highlight/detail?id=2310466816","media":"Reuters","summary":"* Dow down 0.73%, S&P 500 down 0.88%, Nasdaq down 1.02%* Weak demand for $21 bln sale of 30-year Tre","content":"<html><head></head><body><p>* Dow down 0.73%, S&amp;P 500 down 0.88%, Nasdaq down 1.02%</p><p>* Weak demand for $21 bln sale of 30-year Treasury bonds</p><p>* PepsiCo gains on quarterly profit, sales beat</p><p>* Disney beats earnings estimates but ends down</p><p>* Salesforce rises on reports Third Point owns stake</p><p><img src=\"https://static.tigerbbs.com/10ffe4bf0377a8c835f7ee767296cc3d\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Feb 9 (Reuters) - U.S. stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after an auction of 30-year bonds went poorly and overshadowed strong earnings from corporate giants like Disney and PepsiCo.</p><p>&#34;The stock market started today&#39;s session with a distinct bullish bias, but then Treasury yields moved up and that took some of the steam out of the positive market today,&#34; said Jason Ware, chief investment officer at Albion Financial Group in Salt Lake City, Utah. He said investors were also still digesting recent comments from Fed officials.</p><p>Yields on the U.S. 30-year note rose after the Treasury Department saw weak demand for a $21 billion sale, the final sale of $96 billion in coupon-bearing supply this week. In a note to clients, Jefferies said &#34;the buyside bid failed to come together.&#34;</p><p>The Dow Jones Industrial Average fell 249.13 points on Thursday, or 0.73%, to 33,699.88, the S&amp;P 500 lost 36.36 points, or 0.88%, to 4,081.5 and the Nasdaq Composite dropped 120.94 points, or 1.02%, to 11,789.58.</p><p>Volume on U.S. exchanges was 11.49 billion shares, compared with the 11.93 billion average for the full session over the last 20 trading days.</p><p>&#34;With Treasury yields higher, it becomes a legitimate alternative to equities,&#34; said Michael Rosen, chief investment officer at Angeles Investments.</p><p>Wall Street&#39;s three main indexes opened higher on Thursday after data showed initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 last week, above a forecast of 190,000 claims.</p><p>The data tentatively eased concerns about the Federal Reserve&#39;s rate-hike path after a strong January employment report rattled markets last week.</p><p>Weighing on the S&amp;P 500 and Nasdaq indexes, Alphabet Inc extended losses from the previous session to fall 4.7%. All 11 S&amp;P 500 sectors posted losses.</p><p>The Google parent&#39;s new chatbot shared inaccurate information on Wednesday, feeding worries that it is losing ground to rival Microsoft Corp.</p><p>Disney Co beat earnings estimates and announced job cuts, encouraging activist investor Nelson Peltz to terminate his quest for a board seat. Still, it ended down 1.27%.</p><p>Salesforce Inc rose 2.38% on reports that hedge fund Third Point LLC owns a stake in the company.</p><p>Stocks have enjoyed an upbeat start to the year on hopes that the Fed will abandon its hawkish rhetoric and pilot the economy to a soft landing.</p><p>Traders are betting that the Fed will raise its benchmark rate to a peak of 5.1% in July, largely in line with the forecasts of Fed officials.</p><p>PepsiCo Inc rose 0.95% as the snack and beverage maker reported better-than-expected results, while drugmaker AbbVie Inc gained 2.82% after beating fourth-quarter profit expectations.</p><p>Tapestry Inc soared 3.47% on a strong annual profit forecast.</p><p>More than half of the S&amp;P 500 companies have reported quarterly earnings so far, and 69% of them have beaten estimates, according to Refinitiv data.</p><p><a href=\"https://laohu8.com/S/CSII\">Cardiovascular Systems</a> Inc soared 48.38% after Abbott Laboratories said it would buy the medical device maker for $837.6 million. Abbott fell 1.93%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.74-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 15 new 52-week highs and one new low; the Nasdaq Composite recorded 75 new highs and 57 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Dips As Treasury Yields Rise After Auction</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 St Dips As Treasury Yields Rise After Auction\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\">2023-02-10 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Dow down 0.73%, S&amp;P 500 down 0.88%, Nasdaq down 1.02%</p><p>* Weak demand for $21 bln sale of 30-year Treasury bonds</p><p>* PepsiCo gains on quarterly profit, sales beat</p><p>* Disney beats earnings estimates but ends down</p><p>* Salesforce rises on reports Third Point owns stake</p><p><img src=\"https://static.tigerbbs.com/10ffe4bf0377a8c835f7ee767296cc3d\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Feb 9 (Reuters) - U.S. stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after an auction of 30-year bonds went poorly and overshadowed strong earnings from corporate giants like Disney and PepsiCo.</p><p>&#34;The stock market started today&#39;s session with a distinct bullish bias, but then Treasury yields moved up and that took some of the steam out of the positive market today,&#34; said Jason Ware, chief investment officer at Albion Financial Group in Salt Lake City, Utah. He said investors were also still digesting recent comments from Fed officials.</p><p>Yields on the U.S. 30-year note rose after the Treasury Department saw weak demand for a $21 billion sale, the final sale of $96 billion in coupon-bearing supply this week. In a note to clients, Jefferies said &#34;the buyside bid failed to come together.&#34;</p><p>The Dow Jones Industrial Average fell 249.13 points on Thursday, or 0.73%, to 33,699.88, the S&amp;P 500 lost 36.36 points, or 0.88%, to 4,081.5 and the Nasdaq Composite dropped 120.94 points, or 1.02%, to 11,789.58.</p><p>Volume on U.S. exchanges was 11.49 billion shares, compared with the 11.93 billion average for the full session over the last 20 trading days.</p><p>&#34;With Treasury yields higher, it becomes a legitimate alternative to equities,&#34; said Michael Rosen, chief investment officer at Angeles Investments.</p><p>Wall Street&#39;s three main indexes opened higher on Thursday after data showed initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 last week, above a forecast of 190,000 claims.</p><p>The data tentatively eased concerns about the Federal Reserve&#39;s rate-hike path after a strong January employment report rattled markets last week.</p><p>Weighing on the S&amp;P 500 and Nasdaq indexes, Alphabet Inc extended losses from the previous session to fall 4.7%. All 11 S&amp;P 500 sectors posted losses.</p><p>The Google parent&#39;s new chatbot shared inaccurate information on Wednesday, feeding worries that it is losing ground to rival Microsoft Corp.</p><p>Disney Co beat earnings estimates and announced job cuts, encouraging activist investor Nelson Peltz to terminate his quest for a board seat. Still, it ended down 1.27%.</p><p>Salesforce Inc rose 2.38% on reports that hedge fund Third Point LLC owns a stake in the company.</p><p>Stocks have enjoyed an upbeat start to the year on hopes that the Fed will abandon its hawkish rhetoric and pilot the economy to a soft landing.</p><p>Traders are betting that the Fed will raise its benchmark rate to a peak of 5.1% in July, largely in line with the forecasts of Fed officials.</p><p>PepsiCo Inc rose 0.95% as the snack and beverage maker reported better-than-expected results, while drugmaker AbbVie Inc gained 2.82% after beating fourth-quarter profit expectations.</p><p>Tapestry Inc soared 3.47% on a strong annual profit forecast.</p><p>More than half of the S&amp;P 500 companies have reported quarterly earnings so far, and 69% of them have beaten estimates, according to Refinitiv data.</p><p><a href=\"https://laohu8.com/S/CSII\">Cardiovascular Systems</a> Inc soared 48.38% after Abbott Laboratories said it would buy the medical device maker for $837.6 million. Abbott fell 1.93%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.74-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 15 new 52-week highs and one new low; the Nasdaq Composite recorded 75 new highs and 57 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","DIS":"迪士尼","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc",".SPX":"S&P 500 Index","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","BK4108":"电影和娱乐","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0061474960.USD":"天利环球焦点基金AU Acc","CSII":"Cardiovascular Systems","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4587":"ChatGPT概念","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4524":"宅经济概念","BK4527":"明星科技股","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","BK4550":"红杉资本持仓","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4503":"景林资产持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4574":"无人驾驶","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4573":"虚拟现实","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4561":"索罗斯持仓","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","PEP":"百事可乐","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4023":"应用软件","BK4514":"搜索引擎","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","CRM":"赛富时","LU0109391861.USD":"富兰克林美国机遇基金A Acc","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2310466816","content_text":"* Dow down 0.73%, S&P 500 down 0.88%, Nasdaq down 1.02%* Weak demand for $21 bln sale of 30-year Treasury bonds* PepsiCo gains on quarterly profit, sales beat* Disney beats earnings estimates but ends down* Salesforce rises on reports Third Point owns stakeFeb 9 (Reuters) - U.S. stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after an auction of 30-year bonds went poorly and overshadowed strong earnings from corporate giants like Disney and PepsiCo.\"The stock market started today's session with a distinct bullish bias, but then Treasury yields moved up and that took some of the steam out of the positive market today,\" said Jason Ware, chief investment officer at Albion Financial Group in Salt Lake City, Utah. He said investors were also still digesting recent comments from Fed officials.Yields on the U.S. 30-year note rose after the Treasury Department saw weak demand for a $21 billion sale, the final sale of $96 billion in coupon-bearing supply this week. In a note to clients, Jefferies said \"the buyside bid failed to come together.\"The Dow Jones Industrial Average fell 249.13 points on Thursday, or 0.73%, to 33,699.88, the S&P 500 lost 36.36 points, or 0.88%, to 4,081.5 and the Nasdaq Composite dropped 120.94 points, or 1.02%, to 11,789.58.Volume on U.S. exchanges was 11.49 billion shares, compared with the 11.93 billion average for the full session over the last 20 trading days.\"With Treasury yields higher, it becomes a legitimate alternative to equities,\" said Michael Rosen, chief investment officer at Angeles Investments.Wall Street's three main indexes opened higher on Thursday after data showed initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 last week, above a forecast of 190,000 claims.The data tentatively eased concerns about the Federal Reserve's rate-hike path after a strong January employment report rattled markets last week.Weighing on the S&P 500 and Nasdaq indexes, Alphabet Inc extended losses from the previous session to fall 4.7%. All 11 S&P 500 sectors posted losses.The Google parent's new chatbot shared inaccurate information on Wednesday, feeding worries that it is losing ground to rival Microsoft Corp.Disney Co beat earnings estimates and announced job cuts, encouraging activist investor Nelson Peltz to terminate his quest for a board seat. Still, it ended down 1.27%.Salesforce Inc rose 2.38% on reports that hedge fund Third Point LLC owns a stake in the company.Stocks have enjoyed an upbeat start to the year on hopes that the Fed will abandon its hawkish rhetoric and pilot the economy to a soft landing.Traders are betting that the Fed will raise its benchmark rate to a peak of 5.1% in July, largely in line with the forecasts of Fed officials.PepsiCo Inc rose 0.95% as the snack and beverage maker reported better-than-expected results, while drugmaker AbbVie Inc gained 2.82% after beating fourth-quarter profit expectations.Tapestry Inc soared 3.47% on a strong annual profit forecast.More than half of the S&P 500 companies have reported quarterly earnings so far, and 69% of them have beaten estimates, according to Refinitiv data.Cardiovascular Systems Inc soared 48.38% after Abbott Laboratories said it would buy the medical device maker for $837.6 million. Abbott fell 1.93%.Declining issues outnumbered advancing ones on the NYSE by a 2.74-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.The S&P 500 posted 15 new 52-week highs and one new low; the Nasdaq Composite recorded 75 new highs and 57 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954991340,"gmtCreate":1675902553081,"gmtModify":1675902556384,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954991340","repostId":"2310549688","repostType":4,"repost":{"id":"2310549688","pubTimestamp":1675901763,"share":"https://www.laohu8.com/m/news/2310549688?lang=&edition=full","pubTime":"2023-02-09 08:16","market":"us","language":"en","title":"Traders Are Starting to Put Big Money on the Fed Going to 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=2310549688","media":"Bloomberg","summary":"$18 million bet nets $135 million if Fed hits 6% by SeptemberWagers on higher peak rate dominate flo","content":"<html><head></head><body><ul><li>$18 million bet nets $135 million if Fed hits 6% by September</li><li>Wagers on higher peak rate dominate flow in options Wednesday</li></ul><p>A shift in sentiment on Federal Reserve policy is emerging in interest-rate options, where several big wagers on the central bank’s benchmark rate reaching 6% — nearly a percentage point higher than the current consensus — have popped up this week.</p><p>The thinking behind them flies in the face of what has been an article of faith over the past two months: that the Fed, after raising rates eight times in the past year, is near the end of its tightening cycle. Already, rates are high enough to cause a recession that will require the central bank to reverse course this year, the thinking goes.</p><p>But strong January employment data released Friday challenged that thesis, and comments by Fed officials this week have eroded it further. Now, a pause after just one or two more rate hikes is not looking like such a done deal.</p><p>On Tuesday, a trader amassed a large position in options that would make $135 million if the central bank keeps tightening until September. Buying of the same structure continued Wednesday, alongside similar bets expressed in different ways.</p><p>Preliminary open-interest data from the Chicago Mercantile Exchange confirmed the $18 million wager placed Tuesday in Secured Overnight Financing Rate options set to expire in September, targeting a 6% benchmark rate. That’s almost a full percentage point more than the 5.1% level for that month currently priced into interest-rate swaps.</p><p><img src=\"https://static.tigerbbs.com/c0d26ce981563643ff3ec3accf35ef90\" tg-width=\"959\" tg-height=\"607\" width=\"100%\" height=\"auto\"/></p><p>Buying of the position was ongoing throughout Tuesday’s session, though it ramped up significantly in the afternoon via block trades after Fed Chair Jerome Powell suggested the latest monthly jobs numbers may necessitate more tightening than previously anticipated. The trade would break even at a policy rate around 5.6%, and make $60 million should the Fed raise it to 5.8%, according to Bloomberg calculations.</p><p>It’s the latest in a series of big wagers that show no signs of letting up even as the Fed has slowed down a tightening cycle that has been the fastest since the early 1980s. Last month, SOFR options bets made CME Group history, recording the biggest inflows on record into any product traded on the exchange.</p><p>And it marks a sharp turnaround from the big theme in the market last week, before the strong jobs data came out: Traders were betting on sharp rate cuts in the second half of 2023.</p><p>Overnight index swaps are still priced for easing later this year. At the moment, they show the Fed’s benchmark peaking around 5.17% in July, before ending 2023 around 4.84%, implying about 32 basis points of cuts. But that’s down from 45 basis points as of Thursday’s close.</p><p>Investors are already looking ahead to what new interest-rate projections — the central bank’s so-called “dot plot,” to be published after its next policy meeting in March — may show, now that markets are aligned with the last set of projections published in December.</p><p>Several officials spoke Wednesday — including New York Fed President John Williams, whosaidduring a Wall Street Journal event in the morning that the December outlook “still seems a very reasonable view of what we’ll need to do this year.”</p><p>Whether that view holds until March will depend on inflation data to be released between now and then, according to Jason England, a global bond portfolio manager at Janus Henderson Investors in Corona Del Mar, California.</p><p>“The market has come back in line with where the Fed is right now with their peak, terminal rate. The question is: Do they revise the dots up?” England said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Traders Are Starting to Put Big Money on the Fed Going to 6%</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\">\nTraders Are Starting to Put Big Money on the Fed Going to 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-09 08:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-08/big-bet-on-hawkish-fed-seeks-135-million-gain-on-6-policy-rate?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>$18 million bet nets $135 million if Fed hits 6% by SeptemberWagers on higher peak rate dominate flow in options WednesdayA shift in sentiment on Federal Reserve policy is emerging in interest-rate ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-08/big-bet-on-hawkish-fed-seeks-135-million-gain-on-6-policy-rate?srnd=markets-vp\">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","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","BK4566":"资本集团","BK4112":"金融交易所和数据",".SPX":"S&P 500 Index","BK4585":"ETF&股票定投概念","BK4561":"索罗斯持仓",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-08/big-bet-on-hawkish-fed-seeks-135-million-gain-on-6-policy-rate?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2310549688","content_text":"$18 million bet nets $135 million if Fed hits 6% by SeptemberWagers on higher peak rate dominate flow in options WednesdayA shift in sentiment on Federal Reserve policy is emerging in interest-rate options, where several big wagers on the central bank’s benchmark rate reaching 6% — nearly a percentage point higher than the current consensus — have popped up this week.The thinking behind them flies in the face of what has been an article of faith over the past two months: that the Fed, after raising rates eight times in the past year, is near the end of its tightening cycle. Already, rates are high enough to cause a recession that will require the central bank to reverse course this year, the thinking goes.But strong January employment data released Friday challenged that thesis, and comments by Fed officials this week have eroded it further. Now, a pause after just one or two more rate hikes is not looking like such a done deal.On Tuesday, a trader amassed a large position in options that would make $135 million if the central bank keeps tightening until September. Buying of the same structure continued Wednesday, alongside similar bets expressed in different ways.Preliminary open-interest data from the Chicago Mercantile Exchange confirmed the $18 million wager placed Tuesday in Secured Overnight Financing Rate options set to expire in September, targeting a 6% benchmark rate. That’s almost a full percentage point more than the 5.1% level for that month currently priced into interest-rate swaps.Buying of the position was ongoing throughout Tuesday’s session, though it ramped up significantly in the afternoon via block trades after Fed Chair Jerome Powell suggested the latest monthly jobs numbers may necessitate more tightening than previously anticipated. The trade would break even at a policy rate around 5.6%, and make $60 million should the Fed raise it to 5.8%, according to Bloomberg calculations.It’s the latest in a series of big wagers that show no signs of letting up even as the Fed has slowed down a tightening cycle that has been the fastest since the early 1980s. Last month, SOFR options bets made CME Group history, recording the biggest inflows on record into any product traded on the exchange.And it marks a sharp turnaround from the big theme in the market last week, before the strong jobs data came out: Traders were betting on sharp rate cuts in the second half of 2023.Overnight index swaps are still priced for easing later this year. At the moment, they show the Fed’s benchmark peaking around 5.17% in July, before ending 2023 around 4.84%, implying about 32 basis points of cuts. But that’s down from 45 basis points as of Thursday’s close.Investors are already looking ahead to what new interest-rate projections — the central bank’s so-called “dot plot,” to be published after its next policy meeting in March — may show, now that markets are aligned with the last set of projections published in December.Several officials spoke Wednesday — including New York Fed President John Williams, whosaidduring a Wall Street Journal event in the morning that the December outlook “still seems a very reasonable view of what we’ll need to do this year.”Whether that view holds until March will depend on inflation data to be released between now and then, according to Jason England, a global bond portfolio manager at Janus Henderson Investors in Corona Del Mar, California.“The market has come back in line with where the Fed is right now with their peak, terminal rate. The question is: Do they revise the dots up?” England said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954002985,"gmtCreate":1675817667348,"gmtModify":1675817671762,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9954002985","repostId":"1196127648","repostType":4,"repost":{"id":"1196127648","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":1675816620,"share":"https://www.laohu8.com/m/news/1196127648?lang=&edition=full","pubTime":"2023-02-08 08:37","market":"sg","language":"en","title":"Singapore Stocks to Watch: Lendlease Reit, StarHub, HPH Trust, F&N, UOI","url":"https://stock-news.laohu8.com/highlight/detail?id=1196127648","media":"Tiger Newspress","summary":"The following companies saw new developments that may affect trading of their securities on Wednesda","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 8):</p><p><b>Lendlease Reit (JYEU): </b>The manager of Lendlease Global Commercial Reit (Lendlease Reit) posted distribution per unit (DPU) of S$0.0245 for the first half FY2023 ended December 2022, up 2.1 per cent from S$0.024 in the corresponding period a year ago.</p><p>Distributable income rose 95.9 per cent to S$56 million, from S$28.6 million in the previous year.</p><p>Gross revenue more than doubled to S$101.7 million in H1 FY2023, from S$39.2 million in H1 FY2022. The increase was mainly due to contributions from Jem, which was acquired in April 2022, as well as the easing of Covid-19 measures.</p><p><b>StarHub (CC3):</b> StarHub posted a 98.4 per cent fall in net profit to S$1.3 million for the second half of the year ended Dec 31, 2022, from S$81.4 million a year earlier.</p><p>This was despite a rise in revenue of 18.7 per cent to S$1.3 billion, from S$1.1 billion the year before.</p><p>At its earnings briefing on Tuesday (Feb 7), the telco said this came on the back of lower profit from operations, including provisions for the company’s Dare+ transformation initiatives. Dare+ is a five-year transformation plan that includes the establishment of StarHub’s 5G network and other IT expenditures.</p><p><b>HPH Trust (NS8U):</b> Hutchison Port Holdings Trust (HPH Trust) reported on Tuesday (Feb 7) a distribution per unit of HK$0.08 for its second half ended Dec 31, 2022, unchanged from the same period a year ago.</p><p>This takes its DPU for the full year to HK$0.145, also unchanged from the previous financial year, HPH Trust said in a bourse filing.</p><p>Revenue and other income for the full financial year fell 8.1 per cent to HK$12.2 billion (S$2.1 billion), while total operating expenses climbed 0.3 per cent to HK$7.9 billion. This resulted in operating profit falling 20.4 per cent to HK$4.3 billion.</p><p><b>F&amp;N (F99):</b> Mainboard-Listed drinks maker Fraser and Neave (F&amp;N) reported on Tuesday (Feb 7) a 28.8 per cent year-on-year decline in net profit for its first quarter despite higher revenue.</p><p>Net profit for the three months ended Dec 31, 2022 fell to S$28.6 million from S$40.2 million in the corresponding period a year earlier, the company said in a business update filing on the Singapore Exchange. On a per-share basis, earnings fell to S$0.02 in Q1 FY23 from S$0.028 in Q1 FY22.</p><p>The group’s profit before interest and taxes also dropped 22.1 per cent on year in the first quarter to S$56.8 million, with the beverages and dairies segments contributing most to the decline.</p><p><b>UOI (U13):</b> United Overseas Insurance (UOI), the general insurance arm of UOB, on Tuesday (Feb 7) posted a 36.9 per cent drop in net profit to S$16.7 million for the financial year ended Dec 31, 2022.</p><p>This follows a 19.4 per cent decrease in net profit for the second half of FY2022 to S$12.1 million, according to its financial statement.</p><p>Gross premium for the full year rose 1.6 per cent to S$99 million on the back of employers’ liability, marine classes of insurance and inward reinsurance, UOI said. H2 gross premium also grew at the same rate of 1.6 per cent to S$40.8 million.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to Watch: Lendlease Reit, StarHub, HPH Trust, F&N, UOI</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: Lendlease Reit, StarHub, HPH Trust, F&N, UOI\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\">2023-02-08 08:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 8):</p><p><b>Lendlease Reit (JYEU): </b>The manager of Lendlease Global Commercial Reit (Lendlease Reit) posted distribution per unit (DPU) of S$0.0245 for the first half FY2023 ended December 2022, up 2.1 per cent from S$0.024 in the corresponding period a year ago.</p><p>Distributable income rose 95.9 per cent to S$56 million, from S$28.6 million in the previous year.</p><p>Gross revenue more than doubled to S$101.7 million in H1 FY2023, from S$39.2 million in H1 FY2022. The increase was mainly due to contributions from Jem, which was acquired in April 2022, as well as the easing of Covid-19 measures.</p><p><b>StarHub (CC3):</b> StarHub posted a 98.4 per cent fall in net profit to S$1.3 million for the second half of the year ended Dec 31, 2022, from S$81.4 million a year earlier.</p><p>This was despite a rise in revenue of 18.7 per cent to S$1.3 billion, from S$1.1 billion the year before.</p><p>At its earnings briefing on Tuesday (Feb 7), the telco said this came on the back of lower profit from operations, including provisions for the company’s Dare+ transformation initiatives. Dare+ is a five-year transformation plan that includes the establishment of StarHub’s 5G network and other IT expenditures.</p><p><b>HPH Trust (NS8U):</b> Hutchison Port Holdings Trust (HPH Trust) reported on Tuesday (Feb 7) a distribution per unit of HK$0.08 for its second half ended Dec 31, 2022, unchanged from the same period a year ago.</p><p>This takes its DPU for the full year to HK$0.145, also unchanged from the previous financial year, HPH Trust said in a bourse filing.</p><p>Revenue and other income for the full financial year fell 8.1 per cent to HK$12.2 billion (S$2.1 billion), while total operating expenses climbed 0.3 per cent to HK$7.9 billion. This resulted in operating profit falling 20.4 per cent to HK$4.3 billion.</p><p><b>F&amp;N (F99):</b> Mainboard-Listed drinks maker Fraser and Neave (F&amp;N) reported on Tuesday (Feb 7) a 28.8 per cent year-on-year decline in net profit for its first quarter despite higher revenue.</p><p>Net profit for the three months ended Dec 31, 2022 fell to S$28.6 million from S$40.2 million in the corresponding period a year earlier, the company said in a business update filing on the Singapore Exchange. On a per-share basis, earnings fell to S$0.02 in Q1 FY23 from S$0.028 in Q1 FY22.</p><p>The group’s profit before interest and taxes also dropped 22.1 per cent on year in the first quarter to S$56.8 million, with the beverages and dairies segments contributing most to the decline.</p><p><b>UOI (U13):</b> United Overseas Insurance (UOI), the general insurance arm of UOB, on Tuesday (Feb 7) posted a 36.9 per cent drop in net profit to S$16.7 million for the financial year ended Dec 31, 2022.</p><p>This follows a 19.4 per cent decrease in net profit for the second half of FY2022 to S$12.1 million, according to its financial statement.</p><p>Gross premium for the full year rose 1.6 per cent to S$99 million on the back of employers’ liability, marine classes of insurance and inward reinsurance, UOI said. H2 gross premium also grew at the same rate of 1.6 per cent to S$40.8 million.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JYEU.SI":"Lendlease Reit","U13.SI":"大华保险","CC3.SI":"星和","NS8U.SI":"和记港口信托","F99.SI":"星狮集团"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196127648","content_text":"The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 8):Lendlease Reit (JYEU): The manager of Lendlease Global Commercial Reit (Lendlease Reit) posted distribution per unit (DPU) of S$0.0245 for the first half FY2023 ended December 2022, up 2.1 per cent from S$0.024 in the corresponding period a year ago.Distributable income rose 95.9 per cent to S$56 million, from S$28.6 million in the previous year.Gross revenue more than doubled to S$101.7 million in H1 FY2023, from S$39.2 million in H1 FY2022. The increase was mainly due to contributions from Jem, which was acquired in April 2022, as well as the easing of Covid-19 measures.StarHub (CC3): StarHub posted a 98.4 per cent fall in net profit to S$1.3 million for the second half of the year ended Dec 31, 2022, from S$81.4 million a year earlier.This was despite a rise in revenue of 18.7 per cent to S$1.3 billion, from S$1.1 billion the year before.At its earnings briefing on Tuesday (Feb 7), the telco said this came on the back of lower profit from operations, including provisions for the company’s Dare+ transformation initiatives. Dare+ is a five-year transformation plan that includes the establishment of StarHub’s 5G network and other IT expenditures.HPH Trust (NS8U): Hutchison Port Holdings Trust (HPH Trust) reported on Tuesday (Feb 7) a distribution per unit of HK$0.08 for its second half ended Dec 31, 2022, unchanged from the same period a year ago.This takes its DPU for the full year to HK$0.145, also unchanged from the previous financial year, HPH Trust said in a bourse filing.Revenue and other income for the full financial year fell 8.1 per cent to HK$12.2 billion (S$2.1 billion), while total operating expenses climbed 0.3 per cent to HK$7.9 billion. This resulted in operating profit falling 20.4 per cent to HK$4.3 billion.F&N (F99): Mainboard-Listed drinks maker Fraser and Neave (F&N) reported on Tuesday (Feb 7) a 28.8 per cent year-on-year decline in net profit for its first quarter despite higher revenue.Net profit for the three months ended Dec 31, 2022 fell to S$28.6 million from S$40.2 million in the corresponding period a year earlier, the company said in a business update filing on the Singapore Exchange. On a per-share basis, earnings fell to S$0.02 in Q1 FY23 from S$0.028 in Q1 FY22.The group’s profit before interest and taxes also dropped 22.1 per cent on year in the first quarter to S$56.8 million, with the beverages and dairies segments contributing most to the decline.UOI (U13): United Overseas Insurance (UOI), the general insurance arm of UOB, on Tuesday (Feb 7) posted a 36.9 per cent drop in net profit to S$16.7 million for the financial year ended Dec 31, 2022.This follows a 19.4 per cent decrease in net profit for the second half of FY2022 to S$12.1 million, according to its financial statement.Gross premium for the full year rose 1.6 per cent to S$99 million on the back of employers’ liability, marine classes of insurance and inward reinsurance, UOI said. H2 gross premium also grew at the same rate of 1.6 per cent to S$40.8 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955706397,"gmtCreate":1675732891419,"gmtModify":1675732894209,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955706397","repostId":"1165844058","repostType":4,"repost":{"id":"1165844058","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":1675731204,"share":"https://www.laohu8.com/m/news/1165844058?lang=&edition=full","pubTime":"2023-02-07 08:53","market":"sg","language":"en","title":"Singapore Stocks to Watch: CapitaLand India Trust, Boustead Singapore, Boustead Projects, YKGI","url":"https://stock-news.laohu8.com/highlight/detail?id=1165844058","media":"Tiger Newspress","summary":"The following companies saw new developments that may affect trading of their securities on Tuesday ","content":"<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Tuesday (Feb 7):</p><p><b>CapitaLand India Trust (CY6U): </b>CapitaLand India Trust’s (Clint) distribution per unit (DPU) rose 9 per cent to 3.91 Singapore cents in the six months ended Dec 31, 2022, its trust manager reported on Monday (Feb 6).</p><p>This brings its DPU for FY2022 to 8.19 Singapore cents, a 5 per cent increase from the year before.</p><p>Total property income for H2 grew 15 per cent to 6.2 billion rupees (S$107.3 million), resulting in a 12 per cent rise for the full year to 11.9 billion rupees. The Singapore dollar appreciated by about 3 per cent against the rupee during the year, Clint’s manager noted.</p><p><b>Boustead Singapore (F9D), Boustead Projects (AVM): </b>Boustead Singapore has launched a voluntary unconditional offer for all the shares in Boustead Projects it does not own for 90 cents each.</p><p>The company intends to privatise Boustead Projects and delist it from the Mainboard of SGX-ST.</p><p>As at Feb 6, Boustead Singapore directly holds 171 million shares representing approximately 54.87% of the total number of issued shares of Boustead Projects.</p><p><b>YKGI (YK9):</b> YKGI, the operator of Yew Kee Duck Rice and bubble tea brand Chicha San Chen’s Singapore franchise, fell 10.5 per cent or S$0.179 from its initial public offering (IPO) price of S$0.20 on its first trading day on the Catalist board of the Singapore Exchange.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to Watch: CapitaLand India Trust, Boustead Singapore, Boustead Projects, YKGI</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: CapitaLand India Trust, Boustead Singapore, Boustead Projects, YKGI\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\">2023-02-07 08:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Tuesday (Feb 7):</p><p><b>CapitaLand India Trust (CY6U): </b>CapitaLand India Trust’s (Clint) distribution per unit (DPU) rose 9 per cent to 3.91 Singapore cents in the six months ended Dec 31, 2022, its trust manager reported on Monday (Feb 6).</p><p>This brings its DPU for FY2022 to 8.19 Singapore cents, a 5 per cent increase from the year before.</p><p>Total property income for H2 grew 15 per cent to 6.2 billion rupees (S$107.3 million), resulting in a 12 per cent rise for the full year to 11.9 billion rupees. The Singapore dollar appreciated by about 3 per cent against the rupee during the year, Clint’s manager noted.</p><p><b>Boustead Singapore (F9D), Boustead Projects (AVM): </b>Boustead Singapore has launched a voluntary unconditional offer for all the shares in Boustead Projects it does not own for 90 cents each.</p><p>The company intends to privatise Boustead Projects and delist it from the Mainboard of SGX-ST.</p><p>As at Feb 6, Boustead Singapore directly holds 171 million shares representing approximately 54.87% of the total number of issued shares of Boustead Projects.</p><p><b>YKGI (YK9):</b> YKGI, the operator of Yew Kee Duck Rice and bubble tea brand Chicha San Chen’s Singapore franchise, fell 10.5 per cent or S$0.179 from its initial public offering (IPO) price of S$0.20 on its first trading day on the Catalist board of the Singapore Exchange.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CY6U.SI":"凯德印度信托","F9D.SI":"宝德新加坡","YK9.SI":"友记集团有限公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165844058","content_text":"The following companies saw new developments that may affect trading of their securities on Tuesday (Feb 7):CapitaLand India Trust (CY6U): CapitaLand India Trust’s (Clint) distribution per unit (DPU) rose 9 per cent to 3.91 Singapore cents in the six months ended Dec 31, 2022, its trust manager reported on Monday (Feb 6).This brings its DPU for FY2022 to 8.19 Singapore cents, a 5 per cent increase from the year before.Total property income for H2 grew 15 per cent to 6.2 billion rupees (S$107.3 million), resulting in a 12 per cent rise for the full year to 11.9 billion rupees. The Singapore dollar appreciated by about 3 per cent against the rupee during the year, Clint’s manager noted.Boustead Singapore (F9D), Boustead Projects (AVM): Boustead Singapore has launched a voluntary unconditional offer for all the shares in Boustead Projects it does not own for 90 cents each.The company intends to privatise Boustead Projects and delist it from the Mainboard of SGX-ST.As at Feb 6, Boustead Singapore directly holds 171 million shares representing approximately 54.87% of the total number of issued shares of Boustead Projects.YKGI (YK9): YKGI, the operator of Yew Kee Duck Rice and bubble tea brand Chicha San Chen’s Singapore franchise, fell 10.5 per cent or S$0.179 from its initial public offering (IPO) price of S$0.20 on its first trading day on the Catalist board of the Singapore Exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955322352,"gmtCreate":1675222826677,"gmtModify":1676538984828,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955322352","repostId":"1121703711","repostType":4,"repost":{"id":"1121703711","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1675220241,"share":"https://www.laohu8.com/m/news/1121703711?lang=&edition=full","pubTime":"2023-02-01 10:57","market":"fut","language":"en","title":"Bitcoin Had Its Best January Since 2013, When It Was Worth Less Than $20","url":"https://stock-news.laohu8.com/highlight/detail?id=1121703711","media":"Dow Jones","summary":"Bitcoin and other cryptocurrencies edged up Tuesday after a Monday tumble as traders awaited a key m","content":"<html><head></head><body><p>Bitcoin and other cryptocurrencies edged up Tuesday after a Monday tumble as traders awaited a key monetary policy decision from the Federal Reserve this week. Bitcoin ended up having its best January since 2013, when it changed hands below $20.</p><p>The price of Bitcoin rose about 1.8% in the 24 hours through 4 p.m. in New York, sitting at about $23,100. The largest token was carried higher along with other risk assets by encouraging economic data that showed wage growth slowing more quickly than expected, a development that traders hoped could give the Fed room to raise interest rates more slowly. The price rise came on the heels of a near 5% plunge on an intraday basis on Monday.</p><p>“Bitcoin has massive resistance at the $24,000 level, so if risk aversion remains in place, downward momentum might not find major support until the $21,000 region,” said Edward Moya, an analyst at broker Oanda.</p><p>Bitcoin’s declines Monday marked the biggest fall since Nov. 11, when the crypto exchange FTX went bankrupt in a shock to markets that sent Bitcoin to two-year lows around $15,500. Bitcoin languished below $17,000 through the end of last year, but has soared some 40% in January—the best monthly performance since October 2021 and the best start to the year since 2013, when it was less than a thousandth of the current price.</p><p>Traders are looking ahead to the next interest-rate decision from the Fed—a key catalyst that is likely to swing sentiment for cryptos and stocks alike. Both risk-sensitive asset classes have become more correlated over the past year, with Bitcoin swinging in step with the Dow Jones Industrial Average and S&amp;P 500 against a backdrop of high inflation and rising interest rates.</p><p>Markets expect the Fed to raise rates by one-quarter of a percentage point on Wednesday, increasing borrowing costs but marking a slowdown in the pace of tightening financial conditions. Fed policy has been a key headwind for equities and digital assets over the past year because higher rates dampen demand for higher-risk assets.</p><p>The Fed decision represents a risk for cryptos after such a good month, and it may take some very upbeat news—signs of a dovish pivot in policy, for instance—to keep the good times rolling for Bitcoin. If investors don’t like what they hear, digital assets are at risk for a retracement.</p><p>“Bitcoin confirmed a short-term counter-trend ‘sell’ signal,” said Katie Stockton, managing partner at technical research group Fairlead Strategies, “supporting a two-week pullback following a strong relief rally. We return to a bearish short-term bias.”</p><p>Bitcoin will find initial support near its 200-day moving average around $19,700, Stockton said, which is a level it is likely to test during a retracement, and could find secondary support above two-year lows at $15,600.</p><p>“Resistance of $25,200 is not likely relevant near-term,” Stockton added. “A long-term bearish bias remains appropriate, in our view.”</p><p>Beyond Bitcoin, Ether—the second-largest crypto—rose about 2.2% to about $1,587. Smaller cryptos or altcoins also had gains, with Cardano and Polygonup about 5% and 4% respectively. Memecoins had a sharper rise, with Dogecoin jumping 10% and Shiba Inu up 9%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Had Its Best January Since 2013, When It Was Worth Less Than $20</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Had Its Best January Since 2013, When It Was Worth Less Than $20\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2023-02-01 10:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Bitcoin and other cryptocurrencies edged up Tuesday after a Monday tumble as traders awaited a key monetary policy decision from the Federal Reserve this week. Bitcoin ended up having its best January since 2013, when it changed hands below $20.</p><p>The price of Bitcoin rose about 1.8% in the 24 hours through 4 p.m. in New York, sitting at about $23,100. The largest token was carried higher along with other risk assets by encouraging economic data that showed wage growth slowing more quickly than expected, a development that traders hoped could give the Fed room to raise interest rates more slowly. The price rise came on the heels of a near 5% plunge on an intraday basis on Monday.</p><p>“Bitcoin has massive resistance at the $24,000 level, so if risk aversion remains in place, downward momentum might not find major support until the $21,000 region,” said Edward Moya, an analyst at broker Oanda.</p><p>Bitcoin’s declines Monday marked the biggest fall since Nov. 11, when the crypto exchange FTX went bankrupt in a shock to markets that sent Bitcoin to two-year lows around $15,500. Bitcoin languished below $17,000 through the end of last year, but has soared some 40% in January—the best monthly performance since October 2021 and the best start to the year since 2013, when it was less than a thousandth of the current price.</p><p>Traders are looking ahead to the next interest-rate decision from the Fed—a key catalyst that is likely to swing sentiment for cryptos and stocks alike. Both risk-sensitive asset classes have become more correlated over the past year, with Bitcoin swinging in step with the Dow Jones Industrial Average and S&amp;P 500 against a backdrop of high inflation and rising interest rates.</p><p>Markets expect the Fed to raise rates by one-quarter of a percentage point on Wednesday, increasing borrowing costs but marking a slowdown in the pace of tightening financial conditions. Fed policy has been a key headwind for equities and digital assets over the past year because higher rates dampen demand for higher-risk assets.</p><p>The Fed decision represents a risk for cryptos after such a good month, and it may take some very upbeat news—signs of a dovish pivot in policy, for instance—to keep the good times rolling for Bitcoin. If investors don’t like what they hear, digital assets are at risk for a retracement.</p><p>“Bitcoin confirmed a short-term counter-trend ‘sell’ signal,” said Katie Stockton, managing partner at technical research group Fairlead Strategies, “supporting a two-week pullback following a strong relief rally. We return to a bearish short-term bias.”</p><p>Bitcoin will find initial support near its 200-day moving average around $19,700, Stockton said, which is a level it is likely to test during a retracement, and could find secondary support above two-year lows at $15,600.</p><p>“Resistance of $25,200 is not likely relevant near-term,” Stockton added. “A long-term bearish bias remains appropriate, in our view.”</p><p>Beyond Bitcoin, Ether—the second-largest crypto—rose about 2.2% to about $1,587. Smaller cryptos or altcoins also had gains, with Cardano and Polygonup about 5% and 4% respectively. Memecoins had a sharper rise, with Dogecoin jumping 10% and Shiba Inu up 9%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BITO":"ProShares Bitcoin Strategy ETF","GBTC":"Grayscale Bitcoin Trust"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121703711","content_text":"Bitcoin and other cryptocurrencies edged up Tuesday after a Monday tumble as traders awaited a key monetary policy decision from the Federal Reserve this week. Bitcoin ended up having its best January since 2013, when it changed hands below $20.The price of Bitcoin rose about 1.8% in the 24 hours through 4 p.m. in New York, sitting at about $23,100. The largest token was carried higher along with other risk assets by encouraging economic data that showed wage growth slowing more quickly than expected, a development that traders hoped could give the Fed room to raise interest rates more slowly. The price rise came on the heels of a near 5% plunge on an intraday basis on Monday.“Bitcoin has massive resistance at the $24,000 level, so if risk aversion remains in place, downward momentum might not find major support until the $21,000 region,” said Edward Moya, an analyst at broker Oanda.Bitcoin’s declines Monday marked the biggest fall since Nov. 11, when the crypto exchange FTX went bankrupt in a shock to markets that sent Bitcoin to two-year lows around $15,500. Bitcoin languished below $17,000 through the end of last year, but has soared some 40% in January—the best monthly performance since October 2021 and the best start to the year since 2013, when it was less than a thousandth of the current price.Traders are looking ahead to the next interest-rate decision from the Fed—a key catalyst that is likely to swing sentiment for cryptos and stocks alike. Both risk-sensitive asset classes have become more correlated over the past year, with Bitcoin swinging in step with the Dow Jones Industrial Average and S&P 500 against a backdrop of high inflation and rising interest rates.Markets expect the Fed to raise rates by one-quarter of a percentage point on Wednesday, increasing borrowing costs but marking a slowdown in the pace of tightening financial conditions. Fed policy has been a key headwind for equities and digital assets over the past year because higher rates dampen demand for higher-risk assets.The Fed decision represents a risk for cryptos after such a good month, and it may take some very upbeat news—signs of a dovish pivot in policy, for instance—to keep the good times rolling for Bitcoin. If investors don’t like what they hear, digital assets are at risk for a retracement.“Bitcoin confirmed a short-term counter-trend ‘sell’ signal,” said Katie Stockton, managing partner at technical research group Fairlead Strategies, “supporting a two-week pullback following a strong relief rally. We return to a bearish short-term bias.”Bitcoin will find initial support near its 200-day moving average around $19,700, Stockton said, which is a level it is likely to test during a retracement, and could find secondary support above two-year lows at $15,600.“Resistance of $25,200 is not likely relevant near-term,” Stockton added. “A long-term bearish bias remains appropriate, in our view.”Beyond Bitcoin, Ether—the second-largest crypto—rose about 2.2% to about $1,587. Smaller cryptos or altcoins also had gains, with Cardano and Polygonup about 5% and 4% respectively. Memecoins had a sharper rise, with Dogecoin jumping 10% and Shiba Inu up 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955915736,"gmtCreate":1675131362325,"gmtModify":1676538978204,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955915736","repostId":"1118631852","repostType":4,"repost":{"id":"1118631852","pubTimestamp":1675130896,"share":"https://www.laohu8.com/m/news/1118631852?lang=&edition=full","pubTime":"2023-01-31 10:08","language":"en","title":"ASX Update: January Set to Be Best Month Since 2020","url":"https://stock-news.laohu8.com/highlight/detail?id=1118631852","media":"The Market Herald","summary":"The share market defied weak leads from Wall Street as gains in defensive sectors helped keep it on ","content":"<html><head></head><body><p>The share market defied weak leads from Wall Street as gains in defensive sectors helped keep it on track for its best monthly return in more than two years.</p><p>The <b>S&amp;P/ASX 200</b> rallied 11 points or 0.14 percent to 7493. Today’s advance extended the benchmark’s advance for the month to almost 6.5 percent, its best return since a 9.95 percent surge in November 2020.</p><p>Supermarkets and healthcare companies provided much of the momentum, supported by bulk metal miners and some of the banks. Tech stocks and battery metal miners dragged.</p><p><b>What’s driving the market</b></p><p>The Australian benchmark looked set to end a strong month at a fresh nine-month high. Today’s advance carried the index to within 1.9 percent of its 2021 record.</p><p>The market extended its gains after a collapse in <b>retail sales</b> alleviated pressure on the Reserve Bank to raise benchmark rates next week. Retail turnover contracted 3.9 percent last month as the increasing cost of living dampened buying. The decline was the first in 12 months.</p><p>“The large fall in December suggests that retail spending is slowing due to high cost-of-living pressures. Retail businesses reported that many consumers had responded to these pressures by doing more Christmas shopping in November to take advantage of heavy promotional activity and discounting as part of the Black Friday sales event,” Ben Dorber, head of retail statistics at the Australian Bureau of Statistics, said.</p><p>The <b>Reserve Bank</b> meets next week for the first policy meeting of 2023. The bank is widely expected to hike the cash rate target by 25 basis points following the biggest increase in annual inflation since 1990.</p><p><b>Consumer confidence</b> continued to recover from recession levels. The ANZ-Roy Morgan confidence index edged up 0.9 percent to 86.8. While the index remained far below the long-term average, the four-week moving average rose to its highest since June.</p><p>Investors have taken advantage of a two-month break since the last <b>central bank meetings</b> to drive global equities sharply higher. Expectations for a slowdown in rate increases will be tested this week by meetings of the US Federal Reserve, European Central Bank and Bank of England.</p><p>US stocks retreated overnight ahead of rates decisions, earnings from the market’s biggest companies and December jobs data. The <b>S&amp;P 500</b> fell 1.3 percent.</p><p><b>Going up</b></p><p>Supermarkets Woolworths and Coles were among the morning’s best performers following upgrades from Credit Suisse. <b>Woolworths</b> rallied 2.73 percent. <b>Coles</b> gained 2.25 percent.</p><p><b>Healthcare</b> was the session’s other big winner. ResMed led with a rise of 2.07 percent. Healius added 1.25 percent, CSL 0.82 percent and Cochlear 0.73 percent.</p><p><b>Beach Energy</b> rallied 3.82 percent after reaffirming its confidence in the prospects for the Perth Basin despite downgrading its reserves there. CEO Morne Englebrecht said the firm was confident it would meet its domestic demand commitments.</p><p>Record quarterly production lifted <b>Nickel Industries</b> 2.05 percent. The Indonesia-focussed miner produced 23,072 tonnes of nickel metal, up from 20,275 tonnes the previous quarter. Record sales of US$371.2 million helped generate record earnings of US$90 million.</p><p><b>Centuria Industrial REIT</b> climbed 0.3 percent to a seven-month high after reaffirming guidance for its full-year distribution and funds from operations. The firm’s returns were supported by an acceleration in industrial market rents due to low vacancies and solid demand.</p><p><b>Flight Centre</b> entered a trading halt to raise funds to acquire luxury travel brand Scott Dunn. The travel agent will pay $211 million for the UK firm, which specialises in tailor-made high-end holidays. The acquisition will be funded via a $180 million institutional placement and a $40 million retail share purchase offer.</p><p><b>Going down</b></p><p>Network connectivity specialist <b>Megaport</b> tumbled 22.66 percent amid signs of slowing growth last quarter. The company said “current economic certainty seems to be delaying customer decision making”. Customer numbers increased just 1 percent from the previous quarter. Monthly recurring revenues grew 7 percent.</p><p>A record half-year profit failed to keep nickel miner <b>IGO</b> in positive territory during a tough session for battery metal producers. The miner increased its first-half profit sixfold to $591 million from $91 million in 1H22. Revenue increased 43 percent to $542 million. Shares in the firm dropped 3.25 percent.</p><p>Other <b>battery metal producers</b> to feel the heat from an overnight softening in sentiment were Novonix -6.46 percent, Sayona Mining -4.24 percent and Core Lithium -4.27 percent.</p><p>A revenue and earnings downgrade just weeks after returning to the boards drove beauty and personal care retailer <b>BWX</b> down 10.42 percent. The company lowered its revenue guidance from $205-$230 million to $170-$190 million. Forecast earnings dropped to $10-$15 million from previous guidance of $25-$30 million. Weak US sales and stock shortages were cited as causes for the downgrade.</p><p>Infant formula specialist <b>Bubs</b> dropped 7.04 percent after China’s Covid-19 lockdowns caused a slump in a key market. Chinese revenues contracted by 66 percent in the second quarter, comparted to the prior corresponding period. Group revenues declined 28 percent to $14.3 million.</p><p><b>Vicinity Centres</b> dipped 0.48 percent after appointing Peter Huddle as CEO and Managing Director. Huddle joined the firm as Chief Operating Officer in 2019 and had been acting CEO since mid-November.</p><p><b>Other markets</b></p><p><b>Asian markets</b> were mixed. The Asia Dow firmed 0.13 percent. Hong Kong’s Hang Seng gained 0.55 percent. China’s Shanghai Composite shed 0.1 percent. Japan’s Nikkei eased 0.11 percent.</p><p><b>S&amp;P 500 futures</b> bounced four points or 0.1 percent.</p><p><b>Oil</b> added to last night’s 2 percent decline. Brent crude slid five US cents or less than 0.1 percent to US$84.45 a barrel.</p><p><b>Gold</b> dipped 20 US cents or 0.01 percent to US$1,922.70 an ounce.</p><p>The <b>dollar</b> was steady at 70.57 US cents.</p></body></html>","source":"lsy1645078131697","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>ASX Update: January Set to Be Best Month Since 2020</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\">\nASX Update: January Set to Be Best Month Since 2020\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-31 10:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketherald.com.au/asx-update-january-set-to-be-best-month-since-2020-2023-01-31/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The share market defied weak leads from Wall Street as gains in defensive sectors helped keep it on track for its best monthly return in more than two years.The S&P/ASX 200 rallied 11 points or 0.14 ...</p>\n\n<a href=\"https://themarketherald.com.au/asx-update-january-set-to-be-best-month-since-2020-2023-01-31/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数"},"source_url":"https://themarketherald.com.au/asx-update-january-set-to-be-best-month-since-2020-2023-01-31/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118631852","content_text":"The share market defied weak leads from Wall Street as gains in defensive sectors helped keep it on track for its best monthly return in more than two years.The S&P/ASX 200 rallied 11 points or 0.14 percent to 7493. Today’s advance extended the benchmark’s advance for the month to almost 6.5 percent, its best return since a 9.95 percent surge in November 2020.Supermarkets and healthcare companies provided much of the momentum, supported by bulk metal miners and some of the banks. Tech stocks and battery metal miners dragged.What’s driving the marketThe Australian benchmark looked set to end a strong month at a fresh nine-month high. Today’s advance carried the index to within 1.9 percent of its 2021 record.The market extended its gains after a collapse in retail sales alleviated pressure on the Reserve Bank to raise benchmark rates next week. Retail turnover contracted 3.9 percent last month as the increasing cost of living dampened buying. The decline was the first in 12 months.“The large fall in December suggests that retail spending is slowing due to high cost-of-living pressures. Retail businesses reported that many consumers had responded to these pressures by doing more Christmas shopping in November to take advantage of heavy promotional activity and discounting as part of the Black Friday sales event,” Ben Dorber, head of retail statistics at the Australian Bureau of Statistics, said.The Reserve Bank meets next week for the first policy meeting of 2023. The bank is widely expected to hike the cash rate target by 25 basis points following the biggest increase in annual inflation since 1990.Consumer confidence continued to recover from recession levels. The ANZ-Roy Morgan confidence index edged up 0.9 percent to 86.8. While the index remained far below the long-term average, the four-week moving average rose to its highest since June.Investors have taken advantage of a two-month break since the last central bank meetings to drive global equities sharply higher. Expectations for a slowdown in rate increases will be tested this week by meetings of the US Federal Reserve, European Central Bank and Bank of England.US stocks retreated overnight ahead of rates decisions, earnings from the market’s biggest companies and December jobs data. The S&P 500 fell 1.3 percent.Going upSupermarkets Woolworths and Coles were among the morning’s best performers following upgrades from Credit Suisse. Woolworths rallied 2.73 percent. Coles gained 2.25 percent.Healthcare was the session’s other big winner. ResMed led with a rise of 2.07 percent. Healius added 1.25 percent, CSL 0.82 percent and Cochlear 0.73 percent.Beach Energy rallied 3.82 percent after reaffirming its confidence in the prospects for the Perth Basin despite downgrading its reserves there. CEO Morne Englebrecht said the firm was confident it would meet its domestic demand commitments.Record quarterly production lifted Nickel Industries 2.05 percent. The Indonesia-focussed miner produced 23,072 tonnes of nickel metal, up from 20,275 tonnes the previous quarter. Record sales of US$371.2 million helped generate record earnings of US$90 million.Centuria Industrial REIT climbed 0.3 percent to a seven-month high after reaffirming guidance for its full-year distribution and funds from operations. The firm’s returns were supported by an acceleration in industrial market rents due to low vacancies and solid demand.Flight Centre entered a trading halt to raise funds to acquire luxury travel brand Scott Dunn. The travel agent will pay $211 million for the UK firm, which specialises in tailor-made high-end holidays. The acquisition will be funded via a $180 million institutional placement and a $40 million retail share purchase offer.Going downNetwork connectivity specialist Megaport tumbled 22.66 percent amid signs of slowing growth last quarter. The company said “current economic certainty seems to be delaying customer decision making”. Customer numbers increased just 1 percent from the previous quarter. Monthly recurring revenues grew 7 percent.A record half-year profit failed to keep nickel miner IGO in positive territory during a tough session for battery metal producers. The miner increased its first-half profit sixfold to $591 million from $91 million in 1H22. Revenue increased 43 percent to $542 million. Shares in the firm dropped 3.25 percent.Other battery metal producers to feel the heat from an overnight softening in sentiment were Novonix -6.46 percent, Sayona Mining -4.24 percent and Core Lithium -4.27 percent.A revenue and earnings downgrade just weeks after returning to the boards drove beauty and personal care retailer BWX down 10.42 percent. The company lowered its revenue guidance from $205-$230 million to $170-$190 million. Forecast earnings dropped to $10-$15 million from previous guidance of $25-$30 million. Weak US sales and stock shortages were cited as causes for the downgrade.Infant formula specialist Bubs dropped 7.04 percent after China’s Covid-19 lockdowns caused a slump in a key market. Chinese revenues contracted by 66 percent in the second quarter, comparted to the prior corresponding period. Group revenues declined 28 percent to $14.3 million.Vicinity Centres dipped 0.48 percent after appointing Peter Huddle as CEO and Managing Director. Huddle joined the firm as Chief Operating Officer in 2019 and had been acting CEO since mid-November.Other marketsAsian markets were mixed. The Asia Dow firmed 0.13 percent. Hong Kong’s Hang Seng gained 0.55 percent. China’s Shanghai Composite shed 0.1 percent. Japan’s Nikkei eased 0.11 percent.S&P 500 futures bounced four points or 0.1 percent.Oil added to last night’s 2 percent decline. Brent crude slid five US cents or less than 0.1 percent to US$84.45 a barrel.Gold dipped 20 US cents or 0.01 percent to US$1,922.70 an ounce.The dollar was steady at 70.57 US cents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955091378,"gmtCreate":1675057228394,"gmtModify":1676538972540,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955091378","repostId":"1145989773","repostType":4,"repost":{"id":"1145989773","pubTimestamp":1675044519,"share":"https://www.laohu8.com/m/news/1145989773?lang=&edition=full","pubTime":"2023-01-30 10:08","language":"en","title":"ASX Update: Stocks Retreat Ahead of US Earnings, Rates Call","url":"https://stock-news.laohu8.com/highlight/detail?id=1145989773","media":"The Market Herald","summary":"Aussie shares struggled for traction as gains in growth stocks were offset by declines in miners and","content":"<html><head></head><body><p>Aussie shares struggled for traction as gains in growth stocks were offset by declines in miners and insurers ahead of global risk events later this week.</p><p>The <b>S&amp;P/ASX 200</b> eased seven points or 0.1 percent by mid-session. The Australian benchmark inched to a nine-month closing high on Friday but has shown signs in recent sessions of losing momentum after surging 6.5 percent this month.</p><p>The Nasdaq’s outperformance in the US helped tech firms Block, WiseTech, Xero and NextDC all gain at least 3 percent. Insurers IAG and Suncorp were among the biggest drags following a surge in claims after floods in New Zealand.</p><h2>What’s driving the market</h2><p>The share market appeared to be in a holding pattern as investors wait to see how the January rally weathers several risk events this week. The key event is Wednesday night’s <b>US interest rate decision</b>. The market is betting cooling inflation will allow the Federal Reserve to reduce the size of the next rate hike from 50 basis points last time to 25 bps.</p><p>“The favoured market view of 25 points is a possibility,” Clifford Bennett, chief economist at ACY Securities, said. “Should it occur… markets will most certainly celebrate,” he added.</p><p>“Should the Fed hike by 50 points, then risk-off responses would quickly follow. Having enjoyed a lengthy rally, stocks could be badly exposed.”</p><p>Wednesday’s decision is not the only event on the calendar with the potential to change the current bullish market mood. <b>Rate rises</b> are also expected in Europe and the UK.</p><p>“This week the calendar is loaded with events… including central bank meetings from the FOMC, ECB, and BoE. PMIs for the US, UK, and EA, as well as CPI readings across the euro area. It’s also the busiest week for US corporate earnings, with 32% of the S&amp;P500 by market capitalization expected to report results,” Tony Sycamore, market analyst at IG, wrote.</p><p>US stocks extended their monthly tallies on Friday after the Fed’s preferred measure of inflation fell to a 14-month low. The <b>S&amp;P 500 </b>firmed 0.25 percent, bringing its January gain to 6 percent. The <b>Nasdaq Composite</b> rallied 0.95 percent for the session and is up 11 percent for the month.</p><p>“The tech heavy NASDAQ led the gains in US equities again on Friday with the benchmark finishing the week with an impressive roll of four straight weekly gains. Mixed earnings by tech companies have seemingly been trumped by the prospect of an imminent Fed pause. December Core PCE printed in line with expectations but the yoy decline helped cement expectations for a downshift in Fed rate hike this week,” NAB currency strategist Rodrigo Catril said.</p><p><b>Going up</b></p><p><b>Growth stocks</b> set the pace, mirroring a sharp rally in the US this month in anticipation of a rates pause in the months ahead. WiseTech climbed 4.65 percent, Block 4.32 percent and NextDC 3.58 percent. Xero gained 3.01 percent.</p><p><b>Core Lithium</b> firmed 3.98 percent after confirming it was on track to produce lithium spodumene concentrate at its Finiss operation in the NT in the first half of the year. CEO Gareth Manderson said the company continued to reach key milestones last quarter despite the impact of Topical Cyclone Ellie.</p><p>A rebound in production and sales helped raise <b>Lynas Rare Earths</b> 4.74 percent. The miner’s production increased from 3,500 tonnes in Q1 to 4,457 tonnes last quarter after water supply disruptions were fixed.</p><p>A $12 million deal with a US community health network lifted diagnostic imaging provider <b>Pro Medicus</b> 1.17 percent to a 17-month high. The eight-year deal will see Oregon-based Samaritan Health Services replace legacy systems with Pro Medicus’s Visage 7 platform and modules.</p><p><b>Bega Cheese</b> edged up 0.25 percent after selling its 49 percent holding in Vitasoy Australia for $51 million. The sale came after Vita International Holdings exercised a call option to buy out Bega’s share in the joint venture. The sale price was determined by an outside expert.</p><p>Canadian miner <b>Patriot Battery Metals</b> climbed 18.84 percent after reporting “high-grade lithium mineralization” at its CV5 Pegmatite prospect in Quebec. The latest drilling results included 15 metres at 5.1 percent lithium oxide. CEO and Director Blair Way said the firm “could not be more thrilled with the results”.</p><p>Takeover target <b>OZ Minerals</b> was unchanged after meeting revised copper production and costs guidance and original gold guidance. Copper production increased 21 percent in the final quarter. The company is currently considering an offer from BHP.</p><p><b>Going down</b></p><p>Insurers fell as claims poured in following floods in New Zealand. <b>Suncorp</b> shed 1.99 percent after receiving 3,000 claims across its Vero and AA Insurance brands. CEO Steve Johnston said it would take some time to determine the full extent of the damage.</p><p><b>IAG</b> said it had logged more than 5,000 claims across its AMI, State and NZI brands. The share price dropped 3.64 percent after the insurer said it might have to review its estimate for natural peril costs this financial year.</p><p>IGA operator <b>Metcash</b> fell 2.86 percent following the resignation of Scott Marshall, the head of its food business. Marshall had been with the firm for more than 30 years.</p><p>The heavily-weighted <b>materials</b> sector was the morning’s biggest drag. Fortescue Metals sagged 1.87 percent, Rio Tinto 1.09 percent and Newcrest 0.49 percent.</p><p>Further down the food chain, Champion Iron gave up 6.32 percent, Perseus 3.78 percent and Gold Road Resources 2.63 percent.</p><p><b>Heavyweight drags</b> included Coles -1.31 percent, Woolworths -1 percent and Wesfarmers -0.9 percent.</p><p><b>Other markets</b></p><p>China’s <b>Shanghai Composite</b> rallied 1.08 percent as trade resumed after the week-long Lunar New Year break. The Asia Dow inched up 0.11 percent. Japan’s Nikkei added 0.18 percent. Hong Kong’s Hang Seng shed 0.77 percent.</p><p><b>S&amp;P 500 futures</b> retreated eight points or 0.2 percent.</p><p><b>Oil</b> reversed more than half of Friday’s 0.9 percent loss. Brent crude bounced 52 US cents or 0.6 percent to US$86.92 a barrel.</p><p><b>Gold</b> declined US$4.30 or 0.2 percent to US$1,925.10 an ounce.</p><p>The <b>dollar</b> eased 0.04 percent to 71.04 US cents.</p></body></html>","source":"lsy1645078131697","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>ASX Update: Stocks Retreat Ahead of US Earnings, Rates Call</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\">\nASX Update: Stocks Retreat Ahead of US Earnings, Rates Call\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-30 10:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketherald.com.au/asx-update-stocks-retreat-ahead-of-us-earnings-rates-call-2023-01-30/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aussie shares struggled for traction as gains in growth stocks were offset by declines in miners and insurers ahead of global risk events later this week.The S&P/ASX 200 eased seven points or 0.1 ...</p>\n\n<a href=\"https://themarketherald.com.au/asx-update-stocks-retreat-ahead-of-us-earnings-rates-call-2023-01-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数"},"source_url":"https://themarketherald.com.au/asx-update-stocks-retreat-ahead-of-us-earnings-rates-call-2023-01-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145989773","content_text":"Aussie shares struggled for traction as gains in growth stocks were offset by declines in miners and insurers ahead of global risk events later this week.The S&P/ASX 200 eased seven points or 0.1 percent by mid-session. The Australian benchmark inched to a nine-month closing high on Friday but has shown signs in recent sessions of losing momentum after surging 6.5 percent this month.The Nasdaq’s outperformance in the US helped tech firms Block, WiseTech, Xero and NextDC all gain at least 3 percent. Insurers IAG and Suncorp were among the biggest drags following a surge in claims after floods in New Zealand.What’s driving the marketThe share market appeared to be in a holding pattern as investors wait to see how the January rally weathers several risk events this week. The key event is Wednesday night’s US interest rate decision. The market is betting cooling inflation will allow the Federal Reserve to reduce the size of the next rate hike from 50 basis points last time to 25 bps.“The favoured market view of 25 points is a possibility,” Clifford Bennett, chief economist at ACY Securities, said. “Should it occur… markets will most certainly celebrate,” he added.“Should the Fed hike by 50 points, then risk-off responses would quickly follow. Having enjoyed a lengthy rally, stocks could be badly exposed.”Wednesday’s decision is not the only event on the calendar with the potential to change the current bullish market mood. Rate rises are also expected in Europe and the UK.“This week the calendar is loaded with events… including central bank meetings from the FOMC, ECB, and BoE. PMIs for the US, UK, and EA, as well as CPI readings across the euro area. It’s also the busiest week for US corporate earnings, with 32% of the S&P500 by market capitalization expected to report results,” Tony Sycamore, market analyst at IG, wrote.US stocks extended their monthly tallies on Friday after the Fed’s preferred measure of inflation fell to a 14-month low. The S&P 500 firmed 0.25 percent, bringing its January gain to 6 percent. The Nasdaq Composite rallied 0.95 percent for the session and is up 11 percent for the month.“The tech heavy NASDAQ led the gains in US equities again on Friday with the benchmark finishing the week with an impressive roll of four straight weekly gains. Mixed earnings by tech companies have seemingly been trumped by the prospect of an imminent Fed pause. December Core PCE printed in line with expectations but the yoy decline helped cement expectations for a downshift in Fed rate hike this week,” NAB currency strategist Rodrigo Catril said.Going upGrowth stocks set the pace, mirroring a sharp rally in the US this month in anticipation of a rates pause in the months ahead. WiseTech climbed 4.65 percent, Block 4.32 percent and NextDC 3.58 percent. Xero gained 3.01 percent.Core Lithium firmed 3.98 percent after confirming it was on track to produce lithium spodumene concentrate at its Finiss operation in the NT in the first half of the year. CEO Gareth Manderson said the company continued to reach key milestones last quarter despite the impact of Topical Cyclone Ellie.A rebound in production and sales helped raise Lynas Rare Earths 4.74 percent. The miner’s production increased from 3,500 tonnes in Q1 to 4,457 tonnes last quarter after water supply disruptions were fixed.A $12 million deal with a US community health network lifted diagnostic imaging provider Pro Medicus 1.17 percent to a 17-month high. The eight-year deal will see Oregon-based Samaritan Health Services replace legacy systems with Pro Medicus’s Visage 7 platform and modules.Bega Cheese edged up 0.25 percent after selling its 49 percent holding in Vitasoy Australia for $51 million. The sale came after Vita International Holdings exercised a call option to buy out Bega’s share in the joint venture. The sale price was determined by an outside expert.Canadian miner Patriot Battery Metals climbed 18.84 percent after reporting “high-grade lithium mineralization” at its CV5 Pegmatite prospect in Quebec. The latest drilling results included 15 metres at 5.1 percent lithium oxide. CEO and Director Blair Way said the firm “could not be more thrilled with the results”.Takeover target OZ Minerals was unchanged after meeting revised copper production and costs guidance and original gold guidance. Copper production increased 21 percent in the final quarter. The company is currently considering an offer from BHP.Going downInsurers fell as claims poured in following floods in New Zealand. Suncorp shed 1.99 percent after receiving 3,000 claims across its Vero and AA Insurance brands. CEO Steve Johnston said it would take some time to determine the full extent of the damage.IAG said it had logged more than 5,000 claims across its AMI, State and NZI brands. The share price dropped 3.64 percent after the insurer said it might have to review its estimate for natural peril costs this financial year.IGA operator Metcash fell 2.86 percent following the resignation of Scott Marshall, the head of its food business. Marshall had been with the firm for more than 30 years.The heavily-weighted materials sector was the morning’s biggest drag. Fortescue Metals sagged 1.87 percent, Rio Tinto 1.09 percent and Newcrest 0.49 percent.Further down the food chain, Champion Iron gave up 6.32 percent, Perseus 3.78 percent and Gold Road Resources 2.63 percent.Heavyweight drags included Coles -1.31 percent, Woolworths -1 percent and Wesfarmers -0.9 percent.Other marketsChina’s Shanghai Composite rallied 1.08 percent as trade resumed after the week-long Lunar New Year break. The Asia Dow inched up 0.11 percent. Japan’s Nikkei added 0.18 percent. Hong Kong’s Hang Seng shed 0.77 percent.S&P 500 futures retreated eight points or 0.2 percent.Oil reversed more than half of Friday’s 0.9 percent loss. Brent crude bounced 52 US cents or 0.6 percent to US$86.92 a barrel.Gold declined US$4.30 or 0.2 percent to US$1,925.10 an ounce.The dollar eased 0.04 percent to 71.04 US cents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952417461,"gmtCreate":1674874065253,"gmtModify":1676538964266,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952417461","repostId":"2306402121","repostType":4,"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952335430,"gmtCreate":1674443065920,"gmtModify":1676538940649,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952335430","repostId":"2305909865","repostType":4,"repost":{"id":"2305909865","pubTimestamp":1674435854,"share":"https://www.laohu8.com/m/news/2305909865?lang=&edition=full","pubTime":"2023-01-23 09:04","market":"us","language":"en","title":"Activist Elliott Management Takes Big Stake in Salesforce","url":"https://stock-news.laohu8.com/highlight/detail?id=2305909865","media":"The Wall Street Journal","summary":"Elliott Management makes a multibillion-dollar investment in the business-software providerSalesforc","content":"<html><head></head><body><p>Elliott Management makes a multibillion-dollar investment in the business-software provider</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a355dc5f80b2f1bacca1b9d745715e36\" tg-width=\"860\" tg-height=\"568\" width=\"100%\" height=\"auto\"/><span>Salesforce recently announced layoffs and reduced its office space in some markets.</span></p><p>Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc., according to people familiar with the matter, adding to the pressures facing the business-software provider.</p><p>While details of the campaign couldn’t be learned, Elliott, one of the biggest and most prolific activists, often seeks board representation and pushes for companies to make operational improvements and other changes.</p><p>“Salesforce is one of the preeminent software companies in the world, and having followed the company for nearly two decades, we have developed a deep respect for [Co-Chief Executive]Marc Benioffand what he has built,”Jesse Cohn, managing partner at Elliott, said.</p><p>“We look forward to working constructively with Salesforce to realize the value befitting a company of its stature,” added Mr. Cohn, who has previously served on the boards of companies including Citrix, eBay Inc. and Twitter.</p><p>It has been a turbulent stretch for Salesforce. Earlier this month, the company said it was laying off 10% of its workforce and reducing its office space in certain markets.</p><p>Mr. Benioff said many customers are taking a more cautious approach to spending, something more software companies are facing amid fears of an economic slowdown. Mr. Benioff, who also serves as chairman, said Salesforce hired too many people as revenue surged earlier in the Covid-19 pandemic, echoing other tech executives as industrywide layoffs intensify.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef802af3c0408aec4f6cfd1725fed58f\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Marc Benioff is co-chief executive officer of Salesforce.</span></p><p>Salesforce had nearly 80,000 employees globally as of Oct. 31, up from more than 49,000 as of Jan. 31, 2020, according to company filings.</p><p>Salesforce reported revenue for its fiscal third quarter ended Oct. 31 of $7.84 billion, up 14% from the prior year. That marked a sharp slowdown from 27% revenue growth in the same quarter a year earlier. The company also declined to issue guidance for its fiscal year 2024.</p><p>Salesforce’s stock, a stellar performer for years, has taken a beating, down by about half from a late-2021 high and giving the company a market capitalization of roughly $150 billion. The shares closed Friday at $151.25, up 3.3% on a big day for technology stocks.</p><p>There has been upheaval, meanwhile, in Salesforce’s top ranks. Co-CEOBret Tayloris expected to vacate his position on Jan. 31, ending the company’s second experiment in recent years with dual leadership. Mr. Taylor had shared the top role with Mr. Benioff for about a year. (Mr. Benioff is to become sole leader again and continue to serve as the company’s chairman.) Mr. Benioff, who co-founded the business in 1999, became frustrated about how Mr. Taylor was spending his time, The Wall Street Journal previously reported.</p><p>Stewart Butterfield, the chief executive and co-founder of Slack Technologies, the workplace-messaging app Salesforce acquired during the pandemic, announced his departure last month.</p><p>The company had been an active acquirer in recent years. Last year, Salesforce completed the deal for Slack, for more than $27 billion. Two years prior, it spent around $15 billion for data-analytics platform Tableau Software Inc. A year before that, the company shelled out more cash and stock in a $6 billion-plus deal for MuleSoft.</p><p>This isn’t the first time lately that Salesforce has drawn activist interest. In October, Starboard Value LP revealed it had taken a stake in Salesforce, arguing that the company’s mix of growth and profitability is far below that of its peers. Starboard founder Jeff Smith’s ambition for change at the company has appeared more modest, with the firm so far stopping short of calling for specific measures.</p><p>Elliott is known for taking on tech companies and others and forcing changes that also include sales and executive shake-ups.</p><p>Its targets have included PayPal Holdings Inc., AT&amp;T Inc., Dell Technologies Inc. and Twitter. Late last year, it struck an agreement with Pinterest Inc. to add Marc Steinberg, a senior Elliott portfolio manager, to the social-media company’s board.</p><p>With more than $55 billion in assets under management as of June, Elliott also has a private-equity arm that sometimes bids on companies that are targets of its activist campaigns.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Activist Elliott Management Takes Big Stake in Salesforce</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\">\nActivist Elliott Management Takes Big Stake in Salesforce\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-23 09:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/activist-takes-big-stake-in-salesforce-11674432531?mod=hp_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elliott Management makes a multibillion-dollar investment in the business-software providerSalesforce recently announced layoffs and reduced its office space in some markets.Activist investor Elliott ...</p>\n\n<a href=\"https://www.wsj.com/articles/activist-takes-big-stake-in-salesforce-11674432531?mod=hp_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4007":"制药","BK4191":"家用电器","BK4539":"次新股","CRM":"赛富时"},"source_url":"https://www.wsj.com/articles/activist-takes-big-stake-in-salesforce-11674432531?mod=hp_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2305909865","content_text":"Elliott Management makes a multibillion-dollar investment in the business-software providerSalesforce recently announced layoffs and reduced its office space in some markets.Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc., according to people familiar with the matter, adding to the pressures facing the business-software provider.While details of the campaign couldn’t be learned, Elliott, one of the biggest and most prolific activists, often seeks board representation and pushes for companies to make operational improvements and other changes.“Salesforce is one of the preeminent software companies in the world, and having followed the company for nearly two decades, we have developed a deep respect for [Co-Chief Executive]Marc Benioffand what he has built,”Jesse Cohn, managing partner at Elliott, said.“We look forward to working constructively with Salesforce to realize the value befitting a company of its stature,” added Mr. Cohn, who has previously served on the boards of companies including Citrix, eBay Inc. and Twitter.It has been a turbulent stretch for Salesforce. Earlier this month, the company said it was laying off 10% of its workforce and reducing its office space in certain markets.Mr. Benioff said many customers are taking a more cautious approach to spending, something more software companies are facing amid fears of an economic slowdown. Mr. Benioff, who also serves as chairman, said Salesforce hired too many people as revenue surged earlier in the Covid-19 pandemic, echoing other tech executives as industrywide layoffs intensify.Marc Benioff is co-chief executive officer of Salesforce.Salesforce had nearly 80,000 employees globally as of Oct. 31, up from more than 49,000 as of Jan. 31, 2020, according to company filings.Salesforce reported revenue for its fiscal third quarter ended Oct. 31 of $7.84 billion, up 14% from the prior year. That marked a sharp slowdown from 27% revenue growth in the same quarter a year earlier. The company also declined to issue guidance for its fiscal year 2024.Salesforce’s stock, a stellar performer for years, has taken a beating, down by about half from a late-2021 high and giving the company a market capitalization of roughly $150 billion. The shares closed Friday at $151.25, up 3.3% on a big day for technology stocks.There has been upheaval, meanwhile, in Salesforce’s top ranks. Co-CEOBret Tayloris expected to vacate his position on Jan. 31, ending the company’s second experiment in recent years with dual leadership. Mr. Taylor had shared the top role with Mr. Benioff for about a year. (Mr. Benioff is to become sole leader again and continue to serve as the company’s chairman.) Mr. Benioff, who co-founded the business in 1999, became frustrated about how Mr. Taylor was spending his time, The Wall Street Journal previously reported.Stewart Butterfield, the chief executive and co-founder of Slack Technologies, the workplace-messaging app Salesforce acquired during the pandemic, announced his departure last month.The company had been an active acquirer in recent years. Last year, Salesforce completed the deal for Slack, for more than $27 billion. Two years prior, it spent around $15 billion for data-analytics platform Tableau Software Inc. A year before that, the company shelled out more cash and stock in a $6 billion-plus deal for MuleSoft.This isn’t the first time lately that Salesforce has drawn activist interest. In October, Starboard Value LP revealed it had taken a stake in Salesforce, arguing that the company’s mix of growth and profitability is far below that of its peers. Starboard founder Jeff Smith’s ambition for change at the company has appeared more modest, with the firm so far stopping short of calling for specific measures.Elliott is known for taking on tech companies and others and forcing changes that also include sales and executive shake-ups.Its targets have included PayPal Holdings Inc., AT&T Inc., Dell Technologies Inc. and Twitter. Late last year, it struck an agreement with Pinterest Inc. to add Marc Steinberg, a senior Elliott portfolio manager, to the social-media company’s board.With more than $55 billion in assets under management as of June, Elliott also has a private-equity arm that sometimes bids on companies that are targets of its activist campaigns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956548967,"gmtCreate":1674088601260,"gmtModify":1676538922531,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956548967","repostId":"1183551689","repostType":4,"repost":{"id":"1183551689","pubTimestamp":1674087824,"share":"https://www.laohu8.com/m/news/1183551689?lang=&edition=full","pubTime":"2023-01-19 08:23","market":"sg","language":"en","title":"Dear NIO Stock Fans, Pay Attention to This KEY Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=1183551689","media":"InvestorPlace","summary":"Nio(NIO) has signed a five-year agreement with battery maker Contemporary Amperex Technology.The com","content":"<html><head></head><body><ul><li><b>Nio</b>(<b><u>NIO</u></b>) has signed a five-year agreement with battery maker <b>Contemporary Amperex Technology</b>.</li><li>The companies will work together to create a battery supply system.</li><li>NIO stock is up by about 15% year-to-date (YTD).</li></ul><p><b>Nio</b>(NYSE: <b><u>NIO</u></b>) stock is in full focus today after the electric vehicle (EV) company announced a five-year strategic cooperation agreement with battery manufacturer <b>Contemporary Amperex Technology</b>(CATL). This agreement will deepen the existing partnership between the two companies and “advance technological cooperation in new brands, new projects and new markets, improve supply-demand coordination, propel overseas expansion, and develop the business model centering on long service life batteries.”</p><p>Based in China, CATL has a long-standing reputation of producing efficient and reliable batteries. In 2021, the company received recognition for being number one in global EV consumption volume for five straight years. Last year, CATL launched its Qilin battery as well, which <i>TIME</i> characterized as one of the best inventions of 2022. The battery has a staggering range of 621 miles on a single charge and utilizes a single structure instead of many individual modules.</p><p>Here’s what NIO stock investors should know about the CATL partnership news moving forward.</p><p><b>NIO Stock: Nio Signs Five-Year Agreement With CATL</b></p><p>As a result of the partnership, these two companies will work together to build a battery supply system based on advanced battery technology. Ultimately, Nio seeks to improve its batteries and infrastructure. CATL seems to check the box as a suitable partner for the EV company. An improved battery and charging infrastructure will help further the adoption of EVs as well.</p><p>Last June, Nio announced that it would “start producing an 800-volt battery pack in the second half of 2024.” These battery packs are expected to cost between $30,000 and $45,000. At the time, CEO William Li said the company will utilize both proprietary and externally sourced batteries in the long run, a strategy similar to <b>Tesla</b>(NASDAQ: <b><u>TSLA</u></b>).</p><p>In September, Niodisclosedthat it had paid $12 million for a 12.16% stake in lithium mining company <b>Greenwing Resources</b>. This came on the heels of rising lithium prices, which is a major component of EV batteries. The Chinese automaker also has an option to purchase 20% to 40% of Andes Litio’s issued capital. Andes Litio was acquired by Greenwing in 2021 and owns “options rights over the San Jorge Lithium Project.”</p><p>Meanwhile, Nio reported earlier this month that it had achieved record-high monthly and quarterly delivery figures. In December, the company delivered 15,815 vehicles, up 50% year-over-year (YOY). That brought total deliveries for the fourth quarter to 40,052 vehicles, up 60% YOY.</p></body></html>","source":"investorplace","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>Dear NIO Stock Fans, Pay Attention to This KEY Agreement</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\">\nDear NIO Stock Fans, Pay Attention to This KEY Agreement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-19 08:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/01/dear-nio-stock-fans-pay-attention-to-this-key-agreement/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio(NIO) has signed a five-year agreement with battery maker Contemporary Amperex Technology.The companies will work together to create a battery supply system.NIO stock is up by about 15% year-to-...</p>\n\n<a href=\"https://investorplace.com/2023/01/dear-nio-stock-fans-pay-attention-to-this-key-agreement/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","09866":"蔚来-SW","NIO":"蔚来"},"source_url":"https://investorplace.com/2023/01/dear-nio-stock-fans-pay-attention-to-this-key-agreement/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183551689","content_text":"Nio(NIO) has signed a five-year agreement with battery maker Contemporary Amperex Technology.The companies will work together to create a battery supply system.NIO stock is up by about 15% year-to-date (YTD).Nio(NYSE: NIO) stock is in full focus today after the electric vehicle (EV) company announced a five-year strategic cooperation agreement with battery manufacturer Contemporary Amperex Technology(CATL). This agreement will deepen the existing partnership between the two companies and “advance technological cooperation in new brands, new projects and new markets, improve supply-demand coordination, propel overseas expansion, and develop the business model centering on long service life batteries.”Based in China, CATL has a long-standing reputation of producing efficient and reliable batteries. In 2021, the company received recognition for being number one in global EV consumption volume for five straight years. Last year, CATL launched its Qilin battery as well, which TIME characterized as one of the best inventions of 2022. The battery has a staggering range of 621 miles on a single charge and utilizes a single structure instead of many individual modules.Here’s what NIO stock investors should know about the CATL partnership news moving forward.NIO Stock: Nio Signs Five-Year Agreement With CATLAs a result of the partnership, these two companies will work together to build a battery supply system based on advanced battery technology. Ultimately, Nio seeks to improve its batteries and infrastructure. CATL seems to check the box as a suitable partner for the EV company. An improved battery and charging infrastructure will help further the adoption of EVs as well.Last June, Nio announced that it would “start producing an 800-volt battery pack in the second half of 2024.” These battery packs are expected to cost between $30,000 and $45,000. At the time, CEO William Li said the company will utilize both proprietary and externally sourced batteries in the long run, a strategy similar to Tesla(NASDAQ: TSLA).In September, Niodisclosedthat it had paid $12 million for a 12.16% stake in lithium mining company Greenwing Resources. This came on the heels of rising lithium prices, which is a major component of EV batteries. The Chinese automaker also has an option to purchase 20% to 40% of Andes Litio’s issued capital. Andes Litio was acquired by Greenwing in 2021 and owns “options rights over the San Jorge Lithium Project.”Meanwhile, Nio reported earlier this month that it had achieved record-high monthly and quarterly delivery figures. In December, the company delivered 15,815 vehicles, up 50% year-over-year (YOY). That brought total deliveries for the fourth quarter to 40,052 vehicles, up 60% YOY.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9924613065,"gmtCreate":1672240378658,"gmtModify":1676538658335,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9924613065","repostId":"1177985721","repostType":4,"repost":{"id":"1177985721","pubTimestamp":1672242021,"share":"https://www.laohu8.com/m/news/1177985721?lang=&edition=full","pubTime":"2022-12-28 23:40","market":"us","language":"en","title":"Tesla: Shares Dropping Like A Stone - Now A Bargain","url":"https://stock-news.laohu8.com/highlight/detail?id=1177985721","media":"Seeking Alpha","summary":"SummaryTesla stock is dropping like a stone and now down by approximately 70% YTD.There is a lot of ","content":"<html><head></head><body><h3>Summary</h3><ul><li>Tesla stock is dropping like a stone and now down by approximately 70% YTD.</li><li>There is a lot of noise surrounding the world&#39;s leading electric car maker, including (1) Musk selling shares, (2) Musk being CEO of Twitter, and (3) macro challenges.</li><li>These concerns should prove to be temporary. And from a fundamental perspective - in relation to Tesla&#39;s long-term potential - the stock looks undervalued.</li><li>I calculate a fair implied price per share for TSLA equal to $294.19/share.</li></ul><h3>Thesis</h3><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> stock is dropping like a stone and now down by approximately 70% YTD. For reference, this loss of value is worse than what investors needed to suffer with <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (down about 65% YTD), and the S&amp;P 500 (SPY) has only lost about 20%.</p><p><img src=\"https://static.tigerbbs.com/8fde4b5693a019a70b9ea28b00512c6a\" tg-width=\"640\" tg-height=\"222\" referrerpolicy=\"no-referrer\"/>Personally, I am confident to argue that the current sell-off provides investors with an attractive buying opportunity. To be fair, there is a lot of noise surrounding the world&#39;s leading electric car marker, including (1) Elon Musk selling shares, (2) Elon Musk being CEO of Twitter, and (3) various macroeconomic challenges. But these concerns should prove to be temporary. And from a fundamental perspective - in relation to Tesla&#39;s long-term potential - the stock clearly looks undervalued at FWD x26 EV/EBIT.</p><h3>Is It Elon Musk, Or Interest Rates?</h3><p>With some Tesla investors, the narrative is building that Tesla&#39;s sharp sell-off is strongly correlated to Elon Musk&#39;s takeover of Twitter. Ross Gerber for example, a notable Tesla bull, has implied that Elon Musk&#39;s behavior/ actions have erased $600 billion in market capitalization. But Musk quickly defended himself with the argument that the sell-off has been caused by higher interest rates.</p><p><img src=\"https://static.tigerbbs.com/c7c1869f3ca5aa92bb963e223f8f0dbe\" tg-width=\"640\" tg-height=\"488\" referrerpolicy=\"no-referrer\"/>Let us look these two positions with a little bit more context.</p><h3>Elon Musk Shifting Focus Away From Tesla</h3><p>A key argument why some investors believe that Tesla shares are falling is anchored on the simple observation that Tesla shares have lost approximately 40% since the Twitter deal closed on 27th October, while the S&amp;P 500 (SPY) is down by only 2%.</p><p>Some investors are clearly concerned that with the Twitter acquisition, Elon Musk will lose focus on his role as Tesla&#39;s CEO - now being Chief Executive Officer of Tesla, SpaceX, Twitter, The Boring Company and Neuralink.</p><p>Moreover, there has been some evidence that Elon Musk is shifting additional resources away from Tesla, not only his own time and energy. In late October, Musk invited about 50 Tesla engineers to the Twitter headquarters, asking their support in improving various algorithms on the social media platform. However, Musk argued that the commitment was non-material to Tesla&#39;s business operations: (emphasis added)</p><blockquote>This was an after hours — just if you’re interested in evaluating, helping me evaluate Twitter engineering ... that’d be nice. I think it lasted for a few days and it was over.</blockquote><p>In any case, Elon Musk has by now said that he will step down as Twitter&#39;s CEO, as soon as a suitable successor is found.</p><h3>Elon Musk Selling Shares</h3><p>Enormous blocks of share sales is another observation linked to Musk&#39;s acquisition of Twitter. Since the Twitter deal has been announced, Musk has sold nearly $23 billion worth of stock, despite his promise in April that he won&#39;t. Of course, selling $23 billion of equity in a bear market adds strong downward pressure to prices, and the action certainly pressures both investor confidence as well as sentiment.</p><p>Now once again Elon Musk has promised to not sell any shares - until at least 12 months. But will investors trust this promise?</p><blockquote>I won’t sell stock until, I don’t know, probably two years from now. Definitely not next year under any circumstances and probably not the year thereafter</blockquote><h3>Interest Rates</h3><p>Meanwhile, Elon Musk argued that Tesla &#39;is executing better than ever&#39;, and the reason for the stock&#39;s sell-off is due to higher interest rates. While the interest rate argument might be true to some extent, looking at the basic DCF formula...</p><p><img src=\"https://static.tigerbbs.com/2a63228358f96949ea5eab01cfd2f807\" tg-width=\"1024\" tg-height=\"323\" referrerpolicy=\"no-referrer\"/>... investors should consider that since the Twitter deal closed, the Fed raised the funds rate by only 50 basis points. However you structure the DCF formula, it is hard to mathematically (and reasonably) prove a $600 billion loss of value due to only 0.5% higher interest rates.</p><p></p><p>Moreover, while Tesla&#39;s share price might indeed be more sensible to higher interest rates than the S&amp;P 500 (Tesla is a long duration growth asset), the performance discrepancy of Tesla and the S&amp;P 500 for the past few months is simply too excessive to be explained by interest rates.</p><h3>Macroeconomic Challenges</h3><p>The real reason why Tesla shares are slipping might simply be the uncertainty and fundamental pressure related to macroeconomic challenges. Elon Musk has already voiced concerns that the economy might fall into a recession in 2023 and Tesla car sales might suffer accordingly.</p><p>I think we are in a recession, and I think 2023 is going to be quite a serious recession ...</p><p>... It’s going to be, in my opinion, comparable to 2009. I don’t know if it’s going to be a little worse or a little better, but I think it’s, in my view, likely to be comparable. That means demand for any kind of optional, discretionary item, especially if it’s a big-ticket item, will be lower.</p><p>Notably, Tesla shares fell as much as 10% after the car maker announced price discounts of $7,500 to US consumers - an announcement that clearly hints on demand concerns. The thesis of demand concerns is supported by Tesla.com website traffic data from Semrush, which highlights that interest for cars could be falling off a cliff.</p><h3><img src=\"https://static.tigerbbs.com/9bb5f6a810d444856a2b1e1c7233ba7f\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/>Valuation</h3><p>Valuing Tesla, I continue to believe Tesla could sell an estimated 10 million cars per year by 2030 and achieve an average sales price per car of $65,000. Furthermore, I continue to assume:</p><blockquote>a net-profit margin of 15.5%, which is only slightly above Tesla&#39;s 2022 net profit margin and in my opinion a very reasonable assumption if one consider increased economies of scale. (Note that I expect sales volume to almost 10x).</blockquote><blockquote>In addition, I argue that for every dollar that Tesla generates selling cars, the company will be able to sell 20 cents of software solutions and insurance (for reference, Apple generates about 30 cents worth of services for every dollar of hardware sales). For Tesla&#39;s software business, I argue 35% net-profit margin is reasonable -- in line with margins of leading tech/internet companies.</blockquote><p>However, I slightly increase my cost of equity estimate - to 11% as compared to 10% prior. The rationale behind this increase is that Tesla&#39;s value is anchored on the future, and betting on the future remains speculative. It is thus, in my opinion, only reasonable to demand an attractive reward for such a speculation.</p><p>Based on the above variables, I calculate a fair implied price per share for TSLA equal to $294.19/share.</p><h3><img src=\"https://static.tigerbbs.com/2dfe9835e449e0a31e6e5df9e8b1e608\" tg-width=\"640\" tg-height=\"406\" referrerpolicy=\"no-referrer\"/>Risks and Headwinds</h3><p>As I see it, there has been no major risk update since I initiated coverage on Tesla stock, except for those discussed in previous sections. Thus, I would like to highlight what I have written before:</p><blockquote>Although Tesla has proven to be more resilient than what investors thought, both in relation to a challenging macro-economy and fading risk-sentiment, I believe the major risk for Tesla stock remains that a worsening macroeconomic backdrop will pressure investors risk-sentiment to such a degree that Tesla stock&#39;s growth multiples compress. Or in other words, investors should acknowledge that much of Tesla&#39;s share price performance remains driven by general sentiment towards stocks (Tesla&#39;s beta vs the S&amp;P 500 (SPX) is about 1.7). Accordingly, investors should be prepared to stomach volatility, even though Tesla&#39;s fundamental outlook remains unchanged.</blockquote><blockquote>Personally, I do not believe that increasing competition in the race for electrification will influence the demand for Tesla -- like &#34;other&#34; smart phone makers do not influence the demand for iPhones. The increased competition could, however, exacerbate Tesla&#39;s supply challenges, as more competition chases for a limited supply of raw materials and key manufacturing components.</blockquote><h3>Investor Takeaway</h3><p>I have never thought I would say this, but Tesla stock now appears to be trading in bargain territory. Personally, I would argue that the headwinds presented in the prior sections of this article could be classified as temporary, or noise. Long-term, Tesla remains the leading EV maker, with a strong brand and the world&#39;s most extensive network of EV charging stations.</p><p>Personally, I calculate that TSLA stock should be fairly valued at about $294.19/share (which indicates almost 150% upside). Buy.</p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Shares Dropping Like A Stone - Now A Bargain</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\">\nTesla: Shares Dropping Like A Stone - Now A Bargain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-28 23:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4566641-tesla-shares-dropping-now-bargain-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla stock is dropping like a stone and now down by approximately 70% YTD.There is a lot of noise surrounding the world's leading electric car maker, including (1) Musk selling shares, (2) ...</p>\n\n<a href=\"https://seekingalpha.com/article/4566641-tesla-shares-dropping-now-bargain-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4566641-tesla-shares-dropping-now-bargain-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177985721","content_text":"SummaryTesla stock is dropping like a stone and now down by approximately 70% YTD.There is a lot of noise surrounding the world's leading electric car maker, including (1) Musk selling shares, (2) Musk being CEO of Twitter, and (3) macro challenges.These concerns should prove to be temporary. And from a fundamental perspective - in relation to Tesla's long-term potential - the stock looks undervalued.I calculate a fair implied price per share for TSLA equal to $294.19/share.ThesisTesla stock is dropping like a stone and now down by approximately 70% YTD. For reference, this loss of value is worse than what investors needed to suffer with Meta Platforms (down about 65% YTD), and the S&P 500 (SPY) has only lost about 20%.Personally, I am confident to argue that the current sell-off provides investors with an attractive buying opportunity. To be fair, there is a lot of noise surrounding the world's leading electric car marker, including (1) Elon Musk selling shares, (2) Elon Musk being CEO of Twitter, and (3) various macroeconomic challenges. But these concerns should prove to be temporary. And from a fundamental perspective - in relation to Tesla's long-term potential - the stock clearly looks undervalued at FWD x26 EV/EBIT.Is It Elon Musk, Or Interest Rates?With some Tesla investors, the narrative is building that Tesla's sharp sell-off is strongly correlated to Elon Musk's takeover of Twitter. Ross Gerber for example, a notable Tesla bull, has implied that Elon Musk's behavior/ actions have erased $600 billion in market capitalization. But Musk quickly defended himself with the argument that the sell-off has been caused by higher interest rates.Let us look these two positions with a little bit more context.Elon Musk Shifting Focus Away From TeslaA key argument why some investors believe that Tesla shares are falling is anchored on the simple observation that Tesla shares have lost approximately 40% since the Twitter deal closed on 27th October, while the S&P 500 (SPY) is down by only 2%.Some investors are clearly concerned that with the Twitter acquisition, Elon Musk will lose focus on his role as Tesla's CEO - now being Chief Executive Officer of Tesla, SpaceX, Twitter, The Boring Company and Neuralink.Moreover, there has been some evidence that Elon Musk is shifting additional resources away from Tesla, not only his own time and energy. In late October, Musk invited about 50 Tesla engineers to the Twitter headquarters, asking their support in improving various algorithms on the social media platform. However, Musk argued that the commitment was non-material to Tesla's business operations: (emphasis added)This was an after hours — just if you’re interested in evaluating, helping me evaluate Twitter engineering ... that’d be nice. I think it lasted for a few days and it was over.In any case, Elon Musk has by now said that he will step down as Twitter's CEO, as soon as a suitable successor is found.Elon Musk Selling SharesEnormous blocks of share sales is another observation linked to Musk's acquisition of Twitter. Since the Twitter deal has been announced, Musk has sold nearly $23 billion worth of stock, despite his promise in April that he won't. Of course, selling $23 billion of equity in a bear market adds strong downward pressure to prices, and the action certainly pressures both investor confidence as well as sentiment.Now once again Elon Musk has promised to not sell any shares - until at least 12 months. But will investors trust this promise?I won’t sell stock until, I don’t know, probably two years from now. Definitely not next year under any circumstances and probably not the year thereafterInterest RatesMeanwhile, Elon Musk argued that Tesla 'is executing better than ever', and the reason for the stock's sell-off is due to higher interest rates. While the interest rate argument might be true to some extent, looking at the basic DCF formula...... investors should consider that since the Twitter deal closed, the Fed raised the funds rate by only 50 basis points. However you structure the DCF formula, it is hard to mathematically (and reasonably) prove a $600 billion loss of value due to only 0.5% higher interest rates.Moreover, while Tesla's share price might indeed be more sensible to higher interest rates than the S&P 500 (Tesla is a long duration growth asset), the performance discrepancy of Tesla and the S&P 500 for the past few months is simply too excessive to be explained by interest rates.Macroeconomic ChallengesThe real reason why Tesla shares are slipping might simply be the uncertainty and fundamental pressure related to macroeconomic challenges. Elon Musk has already voiced concerns that the economy might fall into a recession in 2023 and Tesla car sales might suffer accordingly.I think we are in a recession, and I think 2023 is going to be quite a serious recession ...... It’s going to be, in my opinion, comparable to 2009. I don’t know if it’s going to be a little worse or a little better, but I think it’s, in my view, likely to be comparable. That means demand for any kind of optional, discretionary item, especially if it’s a big-ticket item, will be lower.Notably, Tesla shares fell as much as 10% after the car maker announced price discounts of $7,500 to US consumers - an announcement that clearly hints on demand concerns. The thesis of demand concerns is supported by Tesla.com website traffic data from Semrush, which highlights that interest for cars could be falling off a cliff.ValuationValuing Tesla, I continue to believe Tesla could sell an estimated 10 million cars per year by 2030 and achieve an average sales price per car of $65,000. Furthermore, I continue to assume:a net-profit margin of 15.5%, which is only slightly above Tesla's 2022 net profit margin and in my opinion a very reasonable assumption if one consider increased economies of scale. (Note that I expect sales volume to almost 10x).In addition, I argue that for every dollar that Tesla generates selling cars, the company will be able to sell 20 cents of software solutions and insurance (for reference, Apple generates about 30 cents worth of services for every dollar of hardware sales). For Tesla's software business, I argue 35% net-profit margin is reasonable -- in line with margins of leading tech/internet companies.However, I slightly increase my cost of equity estimate - to 11% as compared to 10% prior. The rationale behind this increase is that Tesla's value is anchored on the future, and betting on the future remains speculative. It is thus, in my opinion, only reasonable to demand an attractive reward for such a speculation.Based on the above variables, I calculate a fair implied price per share for TSLA equal to $294.19/share.Risks and HeadwindsAs I see it, there has been no major risk update since I initiated coverage on Tesla stock, except for those discussed in previous sections. Thus, I would like to highlight what I have written before:Although Tesla has proven to be more resilient than what investors thought, both in relation to a challenging macro-economy and fading risk-sentiment, I believe the major risk for Tesla stock remains that a worsening macroeconomic backdrop will pressure investors risk-sentiment to such a degree that Tesla stock's growth multiples compress. Or in other words, investors should acknowledge that much of Tesla's share price performance remains driven by general sentiment towards stocks (Tesla's beta vs the S&P 500 (SPX) is about 1.7). Accordingly, investors should be prepared to stomach volatility, even though Tesla's fundamental outlook remains unchanged.Personally, I do not believe that increasing competition in the race for electrification will influence the demand for Tesla -- like \"other\" smart phone makers do not influence the demand for iPhones. The increased competition could, however, exacerbate Tesla's supply challenges, as more competition chases for a limited supply of raw materials and key manufacturing components.Investor TakeawayI have never thought I would say this, but Tesla stock now appears to be trading in bargain territory. Personally, I would argue that the headwinds presented in the prior sections of this article could be classified as temporary, or noise. Long-term, Tesla remains the leading EV maker, with a strong brand and the world's most extensive network of EV charging stations.Personally, I calculate that TSLA stock should be fairly valued at about $294.19/share (which indicates almost 150% upside). Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035738140,"gmtCreate":1647674776914,"gmtModify":1676534257982,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035738140","repostId":"2220777059","repostType":4,"repost":{"id":"2220777059","pubTimestamp":1647653153,"share":"https://www.laohu8.com/m/news/2220777059?lang=&edition=full","pubTime":"2022-03-19 09:25","market":"sg","language":"en","title":"Sea Limited: The Three-Headed Monster","url":"https://stock-news.laohu8.com/highlight/detail?id=2220777059","media":"seekingalpha","summary":"SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but B","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Garena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.</li><li>In addition, Shopee&#39;s losses are widening. However, the e-commerce segment is expected to be self-funded by 2025. This is achievable as take rates are trending in the right direction.</li><li>SeaMoney is also gaining traction at an unprecedented pace, a monster lurking in the shadows. Investors should pay attention as this segment could serve as Sea&#39;s second cash cow.</li><li>With a net cash position of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won&#39;t be long before Sea requires another cash infusion.</li><li>Despite unprofitability risks, Sea has a strong brand, network effects, and barriers to entry moats. The stock is trading at the lowest multiple ever - it is worth a nibble at these prices.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51b3290f2015840c5d8f754c01de8a85\" tg-width=\"750\" tg-height=\"422\" referrerpolicy=\"no-referrer\"/><span>undefined undefined/iStock via Getty Images</span></p><p>I&#39;ve been following Sea Limited ADR (NYSE:SE) for quite some time now and the stock got me interested again given the recent 75% selloff. Today, I&#39;m doing a deep dive on the three-headed monster (and each of its heads) to see if the company is a good investment opportunity at these levels. Let&#39;s get started!</p><p><b>Investment Thesis</b></p><p>Sea is at the forefront of the internet revolution in developing regions. This had many investors buying into the growth story of the company, sending shares soaring high into the sun for the better part of 2020 and 2021. However, the stock has cratered back to sea amid concerns about the company&#39;s slowing growth, especially for its only cash cow, Garena. To make matters worse, Shopee&#39;s losses are also getting worse.</p><p>The Group&#39;s cash burn rate is still high, estimated to be $(3.6) billion in FY2022. With a net cash position of $5.9 billion, future capital raises are very likely.</p><p>On the bright side, Sea still has a long growth runway ahead, solidified by its leadership positions in Southeast Asia and Latin America. SeaMoney, although still unprofitable, could also emerge as Sea&#39;s second cash cow.</p><p>Despite unprofitability and competitive risks, Sea has strong competitive moats and it is trading at the cheapest valuation multiples since its IPO.</p><p>The three-headed monster is a Buy at these levels.</p><p><b>Value Proposition</b></p><p>Founded in Singapore in 2009, Sea has grown to become the leading consumer internet company in the world, with a substantial presence in the Southeast Asian region.</p><blockquote><b>Mission</b>: To better the lives of consumers and small businesses with technology.</blockquote><p>Sea is a holding company for three core businesses: Garena, Shopee, and SeaMoney. Sea&#39;s main value proposition is providing a vertically-integrated experience through its different core businesses.</p><p><b>Garena</b></p><p>Its digital entertainment division, Garena, was Sea&#39;s first business venture. In fact, Sea was originally named Garena Interactive Holding Limited before changing its name to Sea Limited in 2017.</p><p>Garena is one of the largest online games developers and publishers, releasing some of the most successful mobile and PC games over the last decade. For example, Garena&#39;s Free Fire, its self-developed mobile battle royale game, topped the global download charts for the last three years. According to data.ai, Free Fire also ranked second globally by average monthly active users on Google Play in 2021. In Southeast Asia and Latin America, Free Fire was the highest-grossing mobile game for ten consecutive quarters, and in the US for four consecutive quarters. Based on Sensor <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a>&#39;s findings, Free Fire still holds the most downloads globally as of January 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa392753c19f14d60ee0d992e58c3d2f\" tg-width=\"1280\" tg-height=\"741\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p>Garena also exclusively licenses and publishes games from global partners and third-party developers. Some of these partners include Tencent (OTCPK:TCEHY), Activision (ATVI), and Arumgames. Games like Speed Drifters, Arena of Valor, and Fantasy Town fall into this category as they are co-developed with partners or licensed from partners.</p><p>In addition, Garena organizes some of the largest e-sports events from local tournaments to professional competitions at a global level. Moreover, Garena offers other entertainment content such as live-streaming, user chat, and online forums.</p><p><b>Shopee</b></p><p>Perhaps the most exciting business segment is Sea&#39;s mobile-centric e-commerce platform, Shopee. Launched in 2015, Shopee is now one of the fastest-growing e-commerce marketplaces with a strong presence in Southeast Asia, as well as growing recognition in Latin America and some European countries.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6649de846b2942b928a3f3e5d4035003\" tg-width=\"640\" tg-height=\"200\" referrerpolicy=\"no-referrer\"/><span>Source: Shopee</span></p><p>Through the Shopee platform, buyers can purchase items from sellers which are primarily small and medium businesses (or mom-and-pop stores). At the same time, larger, more established retailers like Xiaomi (OTCPK:XIACF), Microsoft (MSFT), or Samsung (OTC:SSNLF) can leverage Shopee&#39;s two premium shopping platforms, Shopee Mall and Shopee Premium.</p><p>Along with Shopee&#39;s e-commerce marketplace, Shopee also offers adjacent products and services for both buyers and sellers:</p><ul><li><b>Service by Shopee</b> - Value-added services for sellers such as integrated payment, logistics, fulfillment, seller support, inventory management, and online store operations.</li><li><b>BuyerProtection</b> - Consumer protection policies and procedures including seller verification, product listing screening, and dispute resolution. In addition, Shopee Guarantee reduces settlement risks by holding customers&#39; funds in a separate account until delivery is complete, where funds will be released to buyers.</li><li><b>Integrated Logistics Services</b>- Shopee partners with various local and regional third-party logistics service providers to provide a seamless last-mile delivery experience for both buyers and sellers. Shopee also has its own delivery service called Shopee Xpress.</li><li><b>Social Features</b> - Shopee also offers other social and gamification features, including Shopee Coins (virtual currency), Shopee Live (livestream), Shopee Games (in-app games), and Shopee Feed (similar to Instagram).</li><li><b>On-demand Services</b>- Shopee also recently launched on-demand services such as ShopeeFood, instant delivery, and groceries, competing directly with Grab (GRAB), Gojek, and Uber (UBER).</li></ul><p>Shopee&#39;s scale is unmatched and it is still growing at an unprecedented pace. According to data.ai, Shopee in Southeast Asia and Taiwan ranked first in average monthly active users and total time spent in the app in 2021. Shopee Indonesia, arguably Shopee&#39;s most important market, ranked first in the Shopping category. Shopee Brazil, which launched in October 2019, was also ranked first in the Shopping category. And globally, Shopee ranked first in the Shopping category, and is the #13 most downloaded app regardless of category, logging in 200+ million downloads in 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f9c550b140720336e00cc78e954d184\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p><b>SeaMoney</b></p><p>SeaMoney was launched in 2014 and is now one of the leading digital financial services providers in Sea&#39;s operating countries. SeaMoney offers mobile wallet services, payment processing, credit, and other digital financial services. These services are offered under SeaMoney&#39;s various brands including AirPay, ShopeePay, SPayLater, and other local brands depending on the country. SeaMoney was initially launched in Vietnam and Thailand but has since expanded to other regions.</p><p>Through SeaMoney&#39;s mobile wallet offerings, consumers and merchants have added flexibility in terms of payment options, whether through online or offline means. The launch of SPayLater, which is basically a &#34;buy now pay later&#34; payment option, enables consumers to purchase items without accessing credit. For those who are interested, I&#39;ve written a deep dive on Affirm (AFRM) where I discuss the main value propositions that BNPL provides.</p><p>SeaMoney has obtained bank licenses and government approvals to provide financial services in various countries. For example, Sea acquired Bank Kesejahteraan Ekonomi in Indonesia back in early 2021 as a push towards offering a digital banking solution. The company is now rebranded to SeaBank, which currently offers a high-yield savings account and virtual account.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c85c862195f86fe9d4f0f8c8beced6b\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SeaBank Website</span></p><p>SeaMoney&#39;s main value proposition lies in offering a mobile wallet and payment solutions that are integrated with Sea&#39;s other businesses, namely Garena and Shopee, enabling consumers and merchants to transact seamlessly in one vertically-integrated platform.</p><p><b>Market Opportunity</b></p><p>Sea&#39;s market opportunity is predicated around the industry outlook of each of its business segments: mobile gaming, e-commerce, and fintech. Let&#39;s take a look at each industry that Sea operates in.</p><p>First, we have the mobile gaming industry. According to data.ai, Mobile Game Consumer Spend grew from $74 billion in 2018 to $116 billion in 2021, while Mobile Game Downloads grew from 63 billion in 2018 to 83 billion in 2021. Among the Top Genres by Downloads were Hypercasual games such as Hair Challenge and Water Sort Puzzle. However, the Top Genres by Consumer Spend belong to the Strategy, RPG, and Shooting categories where Garena specializes in. For example, Free Fire was the top Shooting game by revenue in Thailand, Brazil, Mexico, and the US, in 2021. Globally, however, it is still behind PUBG Mobile, which generates the bulk of its revenue from China.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f72bda6df6bc2b7bdf8756d218f53185\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p>According to Adjust, the mobile gaming industry is expected to reach $272 billion by 2030, which is about 1.5x of 2021&#39;s total figure. Given Garena&#39;s successes in monetizing its games, Garena should continue to enjoy gaming tailwinds in the foreseeable future, provided that its games remain in trend. This is also supported by Unity&#39;s findings that the APAC region is the fastest-growing regional market, a market that Garena dominates in.</p><p>Moving on to e-commerce, we all know that e-commerce is growing rapidly and that its market share as a whole will continue to trend up from here. This is especially true for the Southeast Asian region where internet and smartphone adoption continues to increase by the day. Based on the e-Conomy SEA report, Southeast Asia now has 440 million internet users, up from 360 million in 2019. Its total population is about 589 million.</p><p>Internet Gross Merchandise Value, or GMV, for the region was $170 billion in 2021 and is expected to reach $360 billion by 2025 with e-commerce leading the charge. The shift to e-commerce is not only happening on the consumer side but also on the merchant side. Digital marketing tools, analytical tools, and digital payment solutions have accelerated business for merchants. Shopee&#39;s vertically-integrated platform also makes it easy for merchants in these developing countries to set up shop, distribute goods, and accept payments in a single platform.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fcb903aed7c0ec901fc83c4f25f18b8\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: e-Conomy SEA 2021</span></p><p>Furthermore, Sea has recently expanded its e-commerce operations to other regions such as Latin America and Europe, which further expands its market opportunity.</p><p>Lastly, we have the fintech industry pertaining to SeaMoney. In my <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (PYPL) deep dive, I discussed the growth of mobile wallets as a payment method in both online and offline transactions. The shift to a cashless and cardless society is inevitable and that is also true for Sea&#39;s markets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47ec896a6208b6023ae89f654704bbc7\" tg-width=\"1261\" tg-height=\"706\" referrerpolicy=\"no-referrer\"/><span>Source: Ark Invest Big Ideas 2022</span></p><p>As you can see below, mobile wallets continue to gain traction in Southeast Asia. In addition, 92% of digital merchants intend to maintain usage or increase usage of digital payments in the next 1 to 2 years. ShopeePay and SeaMoney&#39;s other brands will benefit from this trend. Also of important note, SeaMoney&#39;s expansion to buy now pay later with SPayLater will be a key GMV and revenue driver for the segment. These are the reasons why some investors are so bullish on SeaMoney and why SeaMoney is a monster lurking in the shadows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0eb814b800c3121e3fb8cd0913f239d5\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: e-Conomy SEA 2021</span></p><p>As you can see, Sea is at the forefront of three megatrends which should propel the business forward from here. Also, combining the different verticals in the same platform would present a significant synergistic opportunity as Sea establishes itself as a SuperApp in the making.</p><p><b>Revenue Model</b></p><p>As mentioned previously, Sea operates three main business segments.</p><p><b>Digital Entertainment</b></p><p>Garena operates a freemium model whereby users can download and play games for free. The company generates revenue by selling in-game virtual items such as clothing, weaponry, or equipment.</p><p>Investors should take note of how revenue is recognized for this segment. According to Sea&#39;s 10-K:</p><blockquote>Proceeds from these sales are initially recognized as “Advances from customers” and subsequently reclassified to “Deferred revenue” when the users make in-game purchases of the virtual currencies or virtual items within the games operated by the Company and the in-game purchases are no longer refundable.</blockquote><p>Garena also licenses games from other game developers. Revenue is generated based on revenue-sharing/royalty agreements with these developers. Revenue is recognized over the performance obligation period.</p><blockquote>Such delivery obligation period is determined in accordance with the estimated average lifespan of the virtual goods sold or estimated average lifespan of the paying users of the said games or similar games.</blockquote><p><b>E-commerce</b></p><p>Shopee generates revenue through a marketplace model. Sellers on the platform pay Shopee based on paid advertisement services, transaction-based fees, logistics services, and other value-added services.</p><p>Shopee also generates revenue from goods sold directly by Shopee, which the company purchases in bulk from manufacturers or third-party suppliers.</p><p><b>Digital Financial Services</b></p><p>SeaMoney revenue consists of:</p><ul><li>Interest and fees from loans granted to commercial customers</li><li>Interest and fees from Sea&#39;s consumer credit business such as SPayLater</li><li>Commissions charged to merchants when a customer pays using SeaMoney&#39;s mobile wallet</li></ul><p><b>Income Statement</b></p><p>Let&#39;s analyze each of the business segments and then look at the entire Group as a whole.</p><p><b>Digital Entertainment</b></p><p>Garena Revenue saw a 104% increase YoY in Q4. For the full year, Garena Revenue was up 114% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/998dfbcf3f3dba11b8f8722710c36ba4\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The rapid increase in Revenue was primarily due to recognition of accumulated deferred revenue from previous quarters. Bookings—which is essentially GAAP Revenue plus the change in digital entertainment deferred revenue —actually dropped for the first time QoQ and it is now lower than Revenue. This means that gamers are spending less on in-virtual items which will lead to lower Revenue recognized in subsequent quarters. As you can see, Bookings is in a massive deceleration.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e06de5e6066b66cd5596a445cd912c98\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The drop in Bookings was due to fewer gamers in the platform as the economy reopens and people spend more time outdoors, at school, or in the office. Quarterly Active Users, or QAUs, grew only 7% in Q4 to 652 million, compared to Q3&#39;s QAUs of 729 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5bdd570a9eb859a9fef8569c9fad10a\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As a result, Quarterly Paying Users, or QPUs, decelerated as well, which led to lower Bookings. Q4 QPUs was 77 million compared to Q3&#39;s 93 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/092c4a2f47b9336f2753b4548707b39f\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The markets reacted negatively to this slowdown in Garena growth as the gaming business acts as the lifeline for Sea&#39;s two other segments. As you can see, Garena is a high-margin business, producing Adjusted EBITDA of $2.7 billion in FY2021. Operating Margin is very high at 61% in Q4. AEBITDA margin, on the other hand, is trending downwards as QoQ adds in Bookings wither.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f28c9f35ee55afb5c7d170a80d26ebf2\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As such, the slowdown in growth for Garena is scaring investors away as it may not provide sufficient cash flow to fund the continued growth of Shopee and SeaMoney.</p><p><b>E-Commerce</b></p><p>Shopee GMV continues its upward march as e-commerce continues to gain traction in Shopee&#39;s existing and newer markets. However, we&#39;re also seeing a deceleration in growth due to tough YoY comps. GMV in FY2021 was $62.5 billion, an increase of 77%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f657f7cacc9e00bc57df0e913fdb9ae\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>GMV growth was also due to an increase in Orders in the Shopee platform, which totaled 6.1 billion in FY2021, an increase of 117%. Average Order Value, or AOV, however, is trending downwards. This may be perceived negatively as processing more lower-AOV orders meant higher logistical expenses and thus lower margins per order.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5fbc7f044de03ec379f262a5bfcdf331\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The increase in GMV translated to higher Shopee Revenue, which grew faster than GMV. Shopee Revenue grew 136% to $5.1 billion in FY2021, as compared to GMV growth of 77%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27710dc2140a6d139900819f51bd688a\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The faster growth in Revenue was due to Shopee&#39;s increasing take rate, which displays Shopee&#39;s ability to monetize its marketplace platform. This is one of the only few positive developments coming out of the most recent earnings update.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e4267bc5d33a2153e8624f73ed71540\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Despite the improving Revenue and take rate, Shopee is still suffering huge losses and it is mounting with each subsequent quarter, primarily due to the company expanding into new markets. FY2021 Shopee AEBITDA was $(2.6) billion at a -50% margin. Recall that Garena AEBITDA was $2.7 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9d27cef61bc9a9058233f7eccc5eaa1\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>AEBITDA per Order has been improving, although it flat-lined in the last few quarters. Again, this is due to the company aggressively expanding into new markets. For example, in Q4, Shopee Brazil recorded 140+ million gross orders with a $70+ million Revenue, up 400% and 326%, respectively. However, AEBITDA per Order in Brazil is still negative at $(2) per Order, despite being a 40% improvement from last year. As such, it is still a far cry from the overall AEBITDA per Order of $(0.45).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c0d6aa930a81ea4fc153b7134dbf9d3\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>On the bright side, in Southeast Asia and Taiwan, Q4 AEBITDA per Order before &#34;allocation of the headquarters’ common expenses&#34; was $(0.15), an improvement from last year&#39;s $(0.21). This shows that there is certainly hope for Shopee to be AEBITDA positive soon, which management has pointed out during the Q4 earnings call:</p><blockquote>We currently expect Shopee to achieve positive adjusted EBITDA before HQ cost allocation in Southeast Asia and Taiwan by this year. We also expect SeaMoney to achieve positive cash flow by next year. As a result, we currently expect that by 2025 cash generated by Shopee and SeaMoney proactively will enable these two businesses to substantially self-fund their own long-term growth.</blockquote><p><b>Digital Financial Services</b></p><p>SeaMoney&#39;s Mobile Wallet Total Payment Volume grew 120% YoY to $17.2 billion in FY2021 due to the increasing adoption of mobile wallets in the region.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fa5ef6efa513d9040963fda42b4b9f2\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The growth in TPV was largely driven by the growth in QAUs. As shown below, the total ending QAUs in Q4 grew 90% YoY to 45.8 million users.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9397aec066366f40ec92c24187347a44\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The real exciting part is that Revenue grew much faster than TPV and QAUs. SeaMoney Revenue is growing at a blistering pace, locking in high triple-digit growth rates over the last few years. FY2021 SeaMoney Revenue was $470 million, which is an increase of 673% from the previous year. This is due to take rates increasing from less than 1% in FY2020 to almost 4% by the end of the latest quarter.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dcaf6046cf3c27e00b233a8428eb2d75\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Furthermore, in Indonesia, over 20% of the QAUs have used more than one SeaMoney product or service, which includes credit services, digital banking, and insurance. As SeaMoney introduces more offerings, revenue should accelerate meaningfully as average revenue per user increases when people use additional products.</p><p>As SeaMoney continues to gain scale, the segment will enjoy better unit economics. As shown below, while SeaMoney&#39;s AEBITDA is still in deeply negative territories, AEBITDA Margins has continued to trend towards profitability. Management also expects SeaMoney to be cash flow positive by next year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51f0d5a1800fef748694417e8cb8fc9f\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>This is the segment that investors should pay special attention to, given that it has the potential to be Sea&#39;s second cash cow. For example, PayPal has Operating Margins of 20%+, which could be SeaMoney&#39;s long-term margin profile.</p><p><b>Group</b></p><p>With that said, let&#39;s take a look at how the business is doing as a whole.</p><p>FY2021 Revenue was $10.0 billion, an increase of 128% YoY. Due to the law of large numbers and tough YoY comps, Revenue growth should decelerate from here.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38de60bd773f3ef7afc4b2e28aa1c08f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Here, we can see how Revenue is distributed across the different segments.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a86e59478db8a3a4fdc85897f24410e9\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>What&#39;s encouraging is that Gross Profit Margins continue to trend upwards as the company gains economies of scale, even accounting for Shopee&#39;s aggressive expansion into new markets. FY2021 Gross Profit was $3.9 billion, up 189% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd978ba4047cc6e20ac6086ba8420a8f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Operating Expenses, however, remain elevated as management forgoes short-term profitability for long-term market dominance. FY2021 Total Operating Expenses were $5.5 billion. Below shows the different components of Operating Expenses as a percentage of Revenue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fbdbde2c2ae744f36f8168ed32f94d62\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Most of the Operating Expenses were used for Sales &amp; Marketing purposes. Unsurprisingly, Shopee had the highest S&amp;M burn rate. Discounts, cashback, celebrity promotions... they&#39;re everywhere.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5253f186120da17c4cd901e5c442bd1e\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As a result, Operating Profit Margins is still negative, although it is trending in the right direction.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a27b7833551107397c44acefc5ad2475\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>AEBITDA, on the other hand, is plunging. This is due to Garena&#39;s falling Bookings and Shoppe&#39;s widening losses. AEBITDA for FY2021 was $(594) million, compared to FY2020 positive AEBITDA of $107 million. This is probably the most concerning figure for investors as such a high cash burn rate is unsustainable, which may also lead to additional capital raises that are dilutive to shareholders.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d89fb95f74e23e85f8932870c0190bee\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The guidance did not help either. Garena Bookings is expected to fall to just $3 billion, which is $1.3 billion lower than FY2021&#39;s number. Management blamed the reopening of the economy as well as the ban of Free Fire in India for the expected drop in Bookings. Assuming a modest 50% AEBITDA margin, Garena would bring in just $1.5 billion of AEBITDA for Sea in FY2022.</p><p>On the other side, the other two segments are expected to continue with their immense pace of growth — Shopee and SeaMoney are expected to grow by 76% and 155%, respectively. If we assume a (50)% AEBITDA margin for both segments, Shopee and SeaMoney is expected to burn a total of about $(5.1) billion of AEBITDA. Adding Garena&#39;s estimated AEBITDA of $1.5 billion, Sea, as a Group, is expected to burn $(3.6) billion in FY2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae5e9399a838e5f841dcccaffbe673d8\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited FY2021 Q4 Investor Presentation</span></p><p>Because Garena is such an important piece of Shopee&#39;s and SeaMoney&#39;s growth story, a deceleration in Garena&#39;s business had investors reacting so negatively to Sea&#39;s latest earnings release, as now, the gaming business is incapable of covering the massive losses incurred by the other two business segments.</p><p><b>Balance Sheet</b></p><p>Sea&#39;s balance sheet position as of year-end FY2021 is at about $10.2 billion of Cash and Short Term Investments. While this may show that Sea has a substantial cushion against its short-term cash burn rate, its net cash position paints a different picture.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc30ee494abc2eda3b75434b96e4a66b\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited FY2021 Q4 Investor Presentation</span></p><p>Adjusting for Sea&#39;s debt, Sea ended the year with a net cash position of around $5.9 billion. A substantial amount of its total debt comes from its recent issuance of 0.25% Convertible Senior Notes due 2026. The notes were issued when the stock was trading at $318 per share back in September and the initial conversion price is set at $477 per share. So, yes... conversion in the next 2 to 3 years is very unlikely.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8d3d0030e6518cc4198245f624cc75e1\" tg-width=\"640\" tg-height=\"437\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>With net cash of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won&#39;t be long before Sea requires another cash infusion. Therefore, if the high cash burn rate persists for the next 2 to 3 years, investors face a major risk of increasing financial leverage and/or dilution in the form of equity raises.</p><p><b>Cash Flow Statement</b></p><p>Here is what cash flow looks like over the last few quarters. Notice how Operating Cash Flow turned negative in the last quarter. Most of the cash also comes from Financing activities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0aba061277a1410bb9f3dc176ea0115\" tg-width=\"640\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Unlike other high-flying growth companies, Sea&#39;s Share-Based Compensation expenses are relatively low.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81fa229682c8880d6edd35535ef6a747\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p><b>Competitive Moats</b></p><p>Based on my research and analysis, I identified three key competitive moats for Sea: brand, network effects, and barriers to entry. I used to think that Sea has cost advantages but as Garena becomes a smaller part of the overall business, and as losses continue to worsen, I have reason to believe that Sea no longer holds that moat.</p><p><b>Brand</b></p><p>As discussed in previous sections, Garena&#39;s games, particularly Free Fire, have consistently ranked as the most downloaded mobile game in the world. Additionally, the Shopee app has gained cross-border stardom and is now regarded as the most downloaded or fastest-trending shopping App in the countries it operates in. Lastly, SeaMoney is also gaining traction with banking licenses granted in various countries that should increase brand value and trust.</p><p><b>Network Effects</b></p><p>The sheer amount of app downloads leads to powerful network effects. Garena has 652 million QAUs, which is about 8% of the world&#39;s population. Shopee recorded 200+ million app downloads in FY2021 alone. SeaMoney QAUs topped 45.8 million in Q4 and it is still in the early stages of adoption.</p><p>With all these users in the Sea platform, cross-selling new products or services should be easier as Sea continues to scale. One such example is Shopee Brazil and Free Fire where each platform is encouraging consumers to use the other. As Sea continues to innovate and offer better experiences for its customers, the ecosystem gets bigger and tighter, leading to powerful network effects.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c641ac08707cc868b9e6004e2deaf950\" tg-width=\"1200\" tg-height=\"600\" referrerpolicy=\"no-referrer\"/><span>Source: Shopee Brazil</span></p><p><b>Barriers To Entry</b></p><p>I believe each of Sea&#39;s core businesses is operating in a winner-takes-most environment with high barriers to entry.</p><p>The mobile gaming environment requires the most talented developers to launch blockbuster games. Garena&#39;s Free Fire is certainly a blockbuster game and time in Free Fire&#39;s game means time away from other mobile games.</p><p>Just like how Amazon (AMZN) dominates in the US, the e-commerce landscape in Southeast Asia and Latin America is dominated by a few players, such as Shopee, Tokopedia, and <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a> (MELI). The scale and unit economics that these players have achieved makes it unsustainable for new entrants to compete with them.</p><p>Banking and fintech is also a highly-regulated environment. Furthermore, consumers prefer to have just one mobile wallet, such as ShopeePay, as opposed to owning several different fintech applications.</p><p><b>Valuation</b></p><p>Based on my sum-of-the-parts and comparable company valuation analysis, Sea looks to be slightly undervalued with 19% upside potential. Of course, comparables are not perfect but based on this, we can gauge where Sea stands among peers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2400cd917e5f6ce8c47ef74a8062093\" tg-width=\"640\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/><span>Source: Author&#39;s Analysis</span></p><p>On the flip side, Sea looks extremely cheap on a historical basis. In terms of EV/Sales, Sea is trading at the lowest valuation since its IPO, trading at just 4.2x forward sales.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bed1fd805a89523bbb8fa982bee40079\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>Source: Koyfin</span></p><p>In terms of EV/Gross Profit, Sea is trading even cheaper than its March 2020 lows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdf589a808c84131e9c36aa7b65a5129\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>Source: Koyfin</span></p><p>The valuation compression is warranted given that the company flew too close to the sun and now it is cratering back to the sea — not just for Sea, but almost all growth stocks took a beating. Growth is also slowing down and the macroeconomic environment looks gloomier than ever. However, this is not the end of the world; I think the markets are overreacting. Diversion from the mean goes both ways — perhaps, current prices present a good margin of safety for long-term investors.</p><p><b>Catalysts</b></p><ul><li><b>Successful International Expansion</b> — Shopee has been successful in replicating its playbook from Southeast Asia to Brazil. Recently, Shopee launched operations in India, Mexico, Chile, Colombia, Argentina, Poland, and Spain. If Shopee can take substantial market share in these new regions, Shopee&#39;s growth could turn exponential.</li><li><b>The Metaverse</b> — Sea&#39;s withering gaming division needs to be revitalized. New games and features could definitely provide the boost that it needs. For example, the metaverse is an exciting opportunity and Garena could introduce this concept to its 600+ million QAUs. Sea AI Lab (SAIL) and Sea Capital are two ventures that could accelerate the company into emerging industries, including the metaverse.</li></ul><blockquote>We will continue to encourage user-generated content by enhancing greater features and accessibility. We believe that a strong user reception to Craftland is a positive indicator of the initial success to encourage user participation in content creation and to build Free Fire into an increasingly open platform and is well aligned with major emerging industry trends such as metaverse.</blockquote><ul><li><b>Regional SuperApp</b> — Although this concept has yet to be discussed by management, launching a regional SuperApp could enhance user engagement to new levels. For example, imagine Shopee users being able to play games, shop, order food delivery, pay for services, transfer money, invest, all under one app. Imagine users being able to convert their deposited funds in ShopeePay, into ShopeeCoins, and use it to perform cross-border transactions.</li><li><b>Continued Growth In SeaMoney</b> — SeaMoney is still in its early stages and continued adoption of Sea&#39;s digital financial services offerings will be a strong addition to Sea&#39;s bull thesis. SPayLater has real potential to disrupt the consumer credit industry. SeaBank and ShopeePay have the opportunity to capture digital wallet, digital banking, and cashless society trends.</li><li><b>Free Fire India Ban Lift</b>— Garena&#39;s weak guidance factored in the headwinds coming from the ban in India. If the ban is lifted, the stock may react positively as much of Sea&#39;s cash burn problems may be eliminated.</li></ul><p><b>Risks</b></p><ul><li><b>The Pressure to Launch Blockbuster Games</b>— There will come a time when Free Fire will be dethroned as the most-played and most-downloaded game. That is just how the gaming business works. This puts a substantial risk on the cash flow generation potential of Garena. Launching blockbuster games is never easy and it requires many trials and errors along the way. For me, I would like to see Garena shift to a gaming franchise model where the company launches an updated version of an existing game every year or two, which presents a more stable and recurring revenue stream for the company. An example would be FIFA or Call of Duty.</li><li><b>Shopee India Ban</b> — With Free Fire banned in India, there&#39;s also the potential for Shoppe to be banned as well.</li><li><b>Failure to Gain Traction in International Markets</b>— Shopee pulled out of France in early March, an indication that Shoppe&#39;s business model is not replicable in other countries, especially in more developed regions. Shopee Poland and Spain may be next on the exit list as they hold a close resemblance to France.</li><li><b>Geopolitical Risks</b>— Tencent, a Chinese company, has an 18.7% equity stake in Sea. Sanctions, bans, and other restrictions on Chinese companies, given the current geopolitical environment, could spell trouble for Sea. Tencent may have to cut exposure on Sea or even dissolve its developing-publishing partnership with Garena.</li><li><b>Local Competition</b>— Local champions operating in their respective markets cannot be ignored. These include GoTo in Indonesia, MercadoLibre in Latin America, and Flipkart in India.</li></ul><p>In addition, there&#39;s a certain level of pride for consumers to see their native-born companies succeed. I&#39;m Indonesian, and it makes me really happy to see GoTo grow and grow.</p><p>GoTo, the holding company of both Indonesian tech darlings Gojek and Tokopedia, recently announced its plan to IPO in the Indonesia Stock Exchange. Here&#39;s a glance of GoTo&#39;s stats for the 12-months ended 30 September 2021:</p><ul><li>Valuation: $26.2 billion to $28.8 billion</li><li>GMV: $28.8 billion</li><li>Revenue: $1 billion</li><li>Gross Orders: 2 billion</li><li>Annual Transacting Users: 55 million</li><li>Driver Partners: 2.5 million</li><li>Merchants: 14 million</li></ul><p>The point is that there are big-time local players operating in Sea&#39;s markets that investors should never ignore. Here&#39;s a little snippet from my previous Shopee article:</p><blockquote>But with the GoTo merger, Indonesia could potentially extinguish the orange flame that charred its forest for many years. Now, GoTo could finally reclaim a good chunk of its territory that was lost to waves of competition, especially from Shopee. GoTo could finally gain more ground as the roots grew even stronger with the merger, fertilized with the synergies of value propositions, logistics, payments, and banking solutions.</blockquote><blockquote>Meanwhile, Sea Limited&#39;s stock continues to soar, ignoring the titan of an elephant in the room. And because of GoTo&#39;s integration, Shopee&#39;s vertically-integrated business model doesn&#39;t look like a strong competitive advantage anymore.</blockquote><p><b>Conclusion</b></p><p>Each of Sea&#39;s core businesses is in hypergrowth mode, propelled by megatrends in the mobile gaming, e-commerce, and fintech industry. Management understands these opportunities and therefore, is sacrificing short-term profitability for long-term market dominance. Despite being a larger business, Sea still has a massive growth runway ahead.</p><p>That is not to say that unprofitability and competition risks can and should be ignored. The biggest concern for investors is the company&#39;s unsustainable cash burn rate, which will likely lead to further capital raises in the near future.</p><p>Nonetheless, the long-term growth thesis for the three-headed monster remains intact. Strong brand, network effects, and barriers to entry moats should support the business going forward. In addition, shares of Sea are trading at the lowest valuation multiples ever, which presents a good margin of safety for an entry at these prices.</p><p>Thank you for reading my Sea Limited deep dive. If you enjoyed the article, please let me know in the comment section down below. If you have any suggestions or feedback, don&#39;t hesitate to share your thoughts as well.</p></body></html>","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>Sea Limited: The Three-Headed Monster</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\">\nSea Limited: The Three-Headed Monster\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-19 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.In addition, Shopee's losses are widening. However, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2220777059","content_text":"SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.In addition, Shopee's losses are widening. However, the e-commerce segment is expected to be self-funded by 2025. This is achievable as take rates are trending in the right direction.SeaMoney is also gaining traction at an unprecedented pace, a monster lurking in the shadows. Investors should pay attention as this segment could serve as Sea's second cash cow.With a net cash position of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won't be long before Sea requires another cash infusion.Despite unprofitability risks, Sea has a strong brand, network effects, and barriers to entry moats. The stock is trading at the lowest multiple ever - it is worth a nibble at these prices.undefined undefined/iStock via Getty ImagesI've been following Sea Limited ADR (NYSE:SE) for quite some time now and the stock got me interested again given the recent 75% selloff. Today, I'm doing a deep dive on the three-headed monster (and each of its heads) to see if the company is a good investment opportunity at these levels. Let's get started!Investment ThesisSea is at the forefront of the internet revolution in developing regions. This had many investors buying into the growth story of the company, sending shares soaring high into the sun for the better part of 2020 and 2021. However, the stock has cratered back to sea amid concerns about the company's slowing growth, especially for its only cash cow, Garena. To make matters worse, Shopee's losses are also getting worse.The Group's cash burn rate is still high, estimated to be $(3.6) billion in FY2022. With a net cash position of $5.9 billion, future capital raises are very likely.On the bright side, Sea still has a long growth runway ahead, solidified by its leadership positions in Southeast Asia and Latin America. SeaMoney, although still unprofitable, could also emerge as Sea's second cash cow.Despite unprofitability and competitive risks, Sea has strong competitive moats and it is trading at the cheapest valuation multiples since its IPO.The three-headed monster is a Buy at these levels.Value PropositionFounded in Singapore in 2009, Sea has grown to become the leading consumer internet company in the world, with a substantial presence in the Southeast Asian region.Mission: To better the lives of consumers and small businesses with technology.Sea is a holding company for three core businesses: Garena, Shopee, and SeaMoney. Sea's main value proposition is providing a vertically-integrated experience through its different core businesses.GarenaIts digital entertainment division, Garena, was Sea's first business venture. In fact, Sea was originally named Garena Interactive Holding Limited before changing its name to Sea Limited in 2017.Garena is one of the largest online games developers and publishers, releasing some of the most successful mobile and PC games over the last decade. For example, Garena's Free Fire, its self-developed mobile battle royale game, topped the global download charts for the last three years. According to data.ai, Free Fire also ranked second globally by average monthly active users on Google Play in 2021. In Southeast Asia and Latin America, Free Fire was the highest-grossing mobile game for ten consecutive quarters, and in the US for four consecutive quarters. Based on Sensor Tower's findings, Free Fire still holds the most downloads globally as of January 2022.Source: SensorTowerGarena also exclusively licenses and publishes games from global partners and third-party developers. Some of these partners include Tencent (OTCPK:TCEHY), Activision (ATVI), and Arumgames. Games like Speed Drifters, Arena of Valor, and Fantasy Town fall into this category as they are co-developed with partners or licensed from partners.In addition, Garena organizes some of the largest e-sports events from local tournaments to professional competitions at a global level. Moreover, Garena offers other entertainment content such as live-streaming, user chat, and online forums.ShopeePerhaps the most exciting business segment is Sea's mobile-centric e-commerce platform, Shopee. Launched in 2015, Shopee is now one of the fastest-growing e-commerce marketplaces with a strong presence in Southeast Asia, as well as growing recognition in Latin America and some European countries.Source: ShopeeThrough the Shopee platform, buyers can purchase items from sellers which are primarily small and medium businesses (or mom-and-pop stores). At the same time, larger, more established retailers like Xiaomi (OTCPK:XIACF), Microsoft (MSFT), or Samsung (OTC:SSNLF) can leverage Shopee's two premium shopping platforms, Shopee Mall and Shopee Premium.Along with Shopee's e-commerce marketplace, Shopee also offers adjacent products and services for both buyers and sellers:Service by Shopee - Value-added services for sellers such as integrated payment, logistics, fulfillment, seller support, inventory management, and online store operations.BuyerProtection - Consumer protection policies and procedures including seller verification, product listing screening, and dispute resolution. In addition, Shopee Guarantee reduces settlement risks by holding customers' funds in a separate account until delivery is complete, where funds will be released to buyers.Integrated Logistics Services- Shopee partners with various local and regional third-party logistics service providers to provide a seamless last-mile delivery experience for both buyers and sellers. Shopee also has its own delivery service called Shopee Xpress.Social Features - Shopee also offers other social and gamification features, including Shopee Coins (virtual currency), Shopee Live (livestream), Shopee Games (in-app games), and Shopee Feed (similar to Instagram).On-demand Services- Shopee also recently launched on-demand services such as ShopeeFood, instant delivery, and groceries, competing directly with Grab (GRAB), Gojek, and Uber (UBER).Shopee's scale is unmatched and it is still growing at an unprecedented pace. According to data.ai, Shopee in Southeast Asia and Taiwan ranked first in average monthly active users and total time spent in the app in 2021. Shopee Indonesia, arguably Shopee's most important market, ranked first in the Shopping category. Shopee Brazil, which launched in October 2019, was also ranked first in the Shopping category. And globally, Shopee ranked first in the Shopping category, and is the #13 most downloaded app regardless of category, logging in 200+ million downloads in 2021.Source: SensorTowerSeaMoneySeaMoney was launched in 2014 and is now one of the leading digital financial services providers in Sea's operating countries. SeaMoney offers mobile wallet services, payment processing, credit, and other digital financial services. These services are offered under SeaMoney's various brands including AirPay, ShopeePay, SPayLater, and other local brands depending on the country. SeaMoney was initially launched in Vietnam and Thailand but has since expanded to other regions.Through SeaMoney's mobile wallet offerings, consumers and merchants have added flexibility in terms of payment options, whether through online or offline means. The launch of SPayLater, which is basically a \"buy now pay later\" payment option, enables consumers to purchase items without accessing credit. For those who are interested, I've written a deep dive on Affirm (AFRM) where I discuss the main value propositions that BNPL provides.SeaMoney has obtained bank licenses and government approvals to provide financial services in various countries. For example, Sea acquired Bank Kesejahteraan Ekonomi in Indonesia back in early 2021 as a push towards offering a digital banking solution. The company is now rebranded to SeaBank, which currently offers a high-yield savings account and virtual account.Source: SeaBank WebsiteSeaMoney's main value proposition lies in offering a mobile wallet and payment solutions that are integrated with Sea's other businesses, namely Garena and Shopee, enabling consumers and merchants to transact seamlessly in one vertically-integrated platform.Market OpportunitySea's market opportunity is predicated around the industry outlook of each of its business segments: mobile gaming, e-commerce, and fintech. Let's take a look at each industry that Sea operates in.First, we have the mobile gaming industry. According to data.ai, Mobile Game Consumer Spend grew from $74 billion in 2018 to $116 billion in 2021, while Mobile Game Downloads grew from 63 billion in 2018 to 83 billion in 2021. Among the Top Genres by Downloads were Hypercasual games such as Hair Challenge and Water Sort Puzzle. However, the Top Genres by Consumer Spend belong to the Strategy, RPG, and Shooting categories where Garena specializes in. For example, Free Fire was the top Shooting game by revenue in Thailand, Brazil, Mexico, and the US, in 2021. Globally, however, it is still behind PUBG Mobile, which generates the bulk of its revenue from China.Source: SensorTowerAccording to Adjust, the mobile gaming industry is expected to reach $272 billion by 2030, which is about 1.5x of 2021's total figure. Given Garena's successes in monetizing its games, Garena should continue to enjoy gaming tailwinds in the foreseeable future, provided that its games remain in trend. This is also supported by Unity's findings that the APAC region is the fastest-growing regional market, a market that Garena dominates in.Moving on to e-commerce, we all know that e-commerce is growing rapidly and that its market share as a whole will continue to trend up from here. This is especially true for the Southeast Asian region where internet and smartphone adoption continues to increase by the day. Based on the e-Conomy SEA report, Southeast Asia now has 440 million internet users, up from 360 million in 2019. Its total population is about 589 million.Internet Gross Merchandise Value, or GMV, for the region was $170 billion in 2021 and is expected to reach $360 billion by 2025 with e-commerce leading the charge. The shift to e-commerce is not only happening on the consumer side but also on the merchant side. Digital marketing tools, analytical tools, and digital payment solutions have accelerated business for merchants. Shopee's vertically-integrated platform also makes it easy for merchants in these developing countries to set up shop, distribute goods, and accept payments in a single platform.Source: e-Conomy SEA 2021Furthermore, Sea has recently expanded its e-commerce operations to other regions such as Latin America and Europe, which further expands its market opportunity.Lastly, we have the fintech industry pertaining to SeaMoney. In my PayPal (PYPL) deep dive, I discussed the growth of mobile wallets as a payment method in both online and offline transactions. The shift to a cashless and cardless society is inevitable and that is also true for Sea's markets.Source: Ark Invest Big Ideas 2022As you can see below, mobile wallets continue to gain traction in Southeast Asia. In addition, 92% of digital merchants intend to maintain usage or increase usage of digital payments in the next 1 to 2 years. ShopeePay and SeaMoney's other brands will benefit from this trend. Also of important note, SeaMoney's expansion to buy now pay later with SPayLater will be a key GMV and revenue driver for the segment. These are the reasons why some investors are so bullish on SeaMoney and why SeaMoney is a monster lurking in the shadows.Source: e-Conomy SEA 2021As you can see, Sea is at the forefront of three megatrends which should propel the business forward from here. Also, combining the different verticals in the same platform would present a significant synergistic opportunity as Sea establishes itself as a SuperApp in the making.Revenue ModelAs mentioned previously, Sea operates three main business segments.Digital EntertainmentGarena operates a freemium model whereby users can download and play games for free. The company generates revenue by selling in-game virtual items such as clothing, weaponry, or equipment.Investors should take note of how revenue is recognized for this segment. According to Sea's 10-K:Proceeds from these sales are initially recognized as “Advances from customers” and subsequently reclassified to “Deferred revenue” when the users make in-game purchases of the virtual currencies or virtual items within the games operated by the Company and the in-game purchases are no longer refundable.Garena also licenses games from other game developers. Revenue is generated based on revenue-sharing/royalty agreements with these developers. Revenue is recognized over the performance obligation period.Such delivery obligation period is determined in accordance with the estimated average lifespan of the virtual goods sold or estimated average lifespan of the paying users of the said games or similar games.E-commerceShopee generates revenue through a marketplace model. Sellers on the platform pay Shopee based on paid advertisement services, transaction-based fees, logistics services, and other value-added services.Shopee also generates revenue from goods sold directly by Shopee, which the company purchases in bulk from manufacturers or third-party suppliers.Digital Financial ServicesSeaMoney revenue consists of:Interest and fees from loans granted to commercial customersInterest and fees from Sea's consumer credit business such as SPayLaterCommissions charged to merchants when a customer pays using SeaMoney's mobile walletIncome StatementLet's analyze each of the business segments and then look at the entire Group as a whole.Digital EntertainmentGarena Revenue saw a 104% increase YoY in Q4. For the full year, Garena Revenue was up 114% YoY.Source: Sea Limited Investor Relations and Author's AnalysisThe rapid increase in Revenue was primarily due to recognition of accumulated deferred revenue from previous quarters. Bookings—which is essentially GAAP Revenue plus the change in digital entertainment deferred revenue —actually dropped for the first time QoQ and it is now lower than Revenue. This means that gamers are spending less on in-virtual items which will lead to lower Revenue recognized in subsequent quarters. As you can see, Bookings is in a massive deceleration.Source: Sea Limited Investor Relations and Author's AnalysisThe drop in Bookings was due to fewer gamers in the platform as the economy reopens and people spend more time outdoors, at school, or in the office. Quarterly Active Users, or QAUs, grew only 7% in Q4 to 652 million, compared to Q3's QAUs of 729 million.Source: Sea Limited Investor Relations and Author's AnalysisAs a result, Quarterly Paying Users, or QPUs, decelerated as well, which led to lower Bookings. Q4 QPUs was 77 million compared to Q3's 93 million.Source: Sea Limited Investor Relations and Author's AnalysisThe markets reacted negatively to this slowdown in Garena growth as the gaming business acts as the lifeline for Sea's two other segments. As you can see, Garena is a high-margin business, producing Adjusted EBITDA of $2.7 billion in FY2021. Operating Margin is very high at 61% in Q4. AEBITDA margin, on the other hand, is trending downwards as QoQ adds in Bookings wither.Source: Sea Limited Investor Relations and Author's AnalysisAs such, the slowdown in growth for Garena is scaring investors away as it may not provide sufficient cash flow to fund the continued growth of Shopee and SeaMoney.E-CommerceShopee GMV continues its upward march as e-commerce continues to gain traction in Shopee's existing and newer markets. However, we're also seeing a deceleration in growth due to tough YoY comps. GMV in FY2021 was $62.5 billion, an increase of 77%.Source: Sea Limited Investor Relations and Author's AnalysisGMV growth was also due to an increase in Orders in the Shopee platform, which totaled 6.1 billion in FY2021, an increase of 117%. Average Order Value, or AOV, however, is trending downwards. This may be perceived negatively as processing more lower-AOV orders meant higher logistical expenses and thus lower margins per order.Source: Sea Limited Investor Relations and Author's AnalysisThe increase in GMV translated to higher Shopee Revenue, which grew faster than GMV. Shopee Revenue grew 136% to $5.1 billion in FY2021, as compared to GMV growth of 77%.Source: Sea Limited Investor Relations and Author's AnalysisThe faster growth in Revenue was due to Shopee's increasing take rate, which displays Shopee's ability to monetize its marketplace platform. This is one of the only few positive developments coming out of the most recent earnings update.Source: Sea Limited Investor Relations and Author's AnalysisDespite the improving Revenue and take rate, Shopee is still suffering huge losses and it is mounting with each subsequent quarter, primarily due to the company expanding into new markets. FY2021 Shopee AEBITDA was $(2.6) billion at a -50% margin. Recall that Garena AEBITDA was $2.7 billion.Source: Sea Limited Investor Relations and Author's AnalysisAEBITDA per Order has been improving, although it flat-lined in the last few quarters. Again, this is due to the company aggressively expanding into new markets. For example, in Q4, Shopee Brazil recorded 140+ million gross orders with a $70+ million Revenue, up 400% and 326%, respectively. However, AEBITDA per Order in Brazil is still negative at $(2) per Order, despite being a 40% improvement from last year. As such, it is still a far cry from the overall AEBITDA per Order of $(0.45).Source: Sea Limited Investor Relations and Author's AnalysisOn the bright side, in Southeast Asia and Taiwan, Q4 AEBITDA per Order before \"allocation of the headquarters’ common expenses\" was $(0.15), an improvement from last year's $(0.21). This shows that there is certainly hope for Shopee to be AEBITDA positive soon, which management has pointed out during the Q4 earnings call:We currently expect Shopee to achieve positive adjusted EBITDA before HQ cost allocation in Southeast Asia and Taiwan by this year. We also expect SeaMoney to achieve positive cash flow by next year. As a result, we currently expect that by 2025 cash generated by Shopee and SeaMoney proactively will enable these two businesses to substantially self-fund their own long-term growth.Digital Financial ServicesSeaMoney's Mobile Wallet Total Payment Volume grew 120% YoY to $17.2 billion in FY2021 due to the increasing adoption of mobile wallets in the region.Source: Sea Limited Investor Relations and Author's AnalysisThe growth in TPV was largely driven by the growth in QAUs. As shown below, the total ending QAUs in Q4 grew 90% YoY to 45.8 million users.Source: Sea Limited Investor Relations and Author's AnalysisThe real exciting part is that Revenue grew much faster than TPV and QAUs. SeaMoney Revenue is growing at a blistering pace, locking in high triple-digit growth rates over the last few years. FY2021 SeaMoney Revenue was $470 million, which is an increase of 673% from the previous year. This is due to take rates increasing from less than 1% in FY2020 to almost 4% by the end of the latest quarter.Source: Sea Limited Investor Relations and Author's AnalysisFurthermore, in Indonesia, over 20% of the QAUs have used more than one SeaMoney product or service, which includes credit services, digital banking, and insurance. As SeaMoney introduces more offerings, revenue should accelerate meaningfully as average revenue per user increases when people use additional products.As SeaMoney continues to gain scale, the segment will enjoy better unit economics. As shown below, while SeaMoney's AEBITDA is still in deeply negative territories, AEBITDA Margins has continued to trend towards profitability. Management also expects SeaMoney to be cash flow positive by next year.Source: Sea Limited Investor Relations and Author's AnalysisThis is the segment that investors should pay special attention to, given that it has the potential to be Sea's second cash cow. For example, PayPal has Operating Margins of 20%+, which could be SeaMoney's long-term margin profile.GroupWith that said, let's take a look at how the business is doing as a whole.FY2021 Revenue was $10.0 billion, an increase of 128% YoY. Due to the law of large numbers and tough YoY comps, Revenue growth should decelerate from here.Source: Sea Limited Investor Relations and Author's AnalysisHere, we can see how Revenue is distributed across the different segments.Source: Sea Limited Investor Relations and Author's AnalysisWhat's encouraging is that Gross Profit Margins continue to trend upwards as the company gains economies of scale, even accounting for Shopee's aggressive expansion into new markets. FY2021 Gross Profit was $3.9 billion, up 189% YoY.Source: Sea Limited Investor Relations and Author's AnalysisOperating Expenses, however, remain elevated as management forgoes short-term profitability for long-term market dominance. FY2021 Total Operating Expenses were $5.5 billion. Below shows the different components of Operating Expenses as a percentage of Revenue.Source: Sea Limited Investor Relations and Author's AnalysisMost of the Operating Expenses were used for Sales & Marketing purposes. Unsurprisingly, Shopee had the highest S&M burn rate. Discounts, cashback, celebrity promotions... they're everywhere.Source: Sea Limited Investor Relations and Author's AnalysisAs a result, Operating Profit Margins is still negative, although it is trending in the right direction.Source: Sea Limited Investor Relations and Author's AnalysisAEBITDA, on the other hand, is plunging. This is due to Garena's falling Bookings and Shoppe's widening losses. AEBITDA for FY2021 was $(594) million, compared to FY2020 positive AEBITDA of $107 million. This is probably the most concerning figure for investors as such a high cash burn rate is unsustainable, which may also lead to additional capital raises that are dilutive to shareholders.Source: Sea Limited Investor Relations and Author's AnalysisThe guidance did not help either. Garena Bookings is expected to fall to just $3 billion, which is $1.3 billion lower than FY2021's number. Management blamed the reopening of the economy as well as the ban of Free Fire in India for the expected drop in Bookings. Assuming a modest 50% AEBITDA margin, Garena would bring in just $1.5 billion of AEBITDA for Sea in FY2022.On the other side, the other two segments are expected to continue with their immense pace of growth — Shopee and SeaMoney are expected to grow by 76% and 155%, respectively. If we assume a (50)% AEBITDA margin for both segments, Shopee and SeaMoney is expected to burn a total of about $(5.1) billion of AEBITDA. Adding Garena's estimated AEBITDA of $1.5 billion, Sea, as a Group, is expected to burn $(3.6) billion in FY2021.Source: Sea Limited FY2021 Q4 Investor PresentationBecause Garena is such an important piece of Shopee's and SeaMoney's growth story, a deceleration in Garena's business had investors reacting so negatively to Sea's latest earnings release, as now, the gaming business is incapable of covering the massive losses incurred by the other two business segments.Balance SheetSea's balance sheet position as of year-end FY2021 is at about $10.2 billion of Cash and Short Term Investments. While this may show that Sea has a substantial cushion against its short-term cash burn rate, its net cash position paints a different picture.Source: Sea Limited FY2021 Q4 Investor PresentationAdjusting for Sea's debt, Sea ended the year with a net cash position of around $5.9 billion. A substantial amount of its total debt comes from its recent issuance of 0.25% Convertible Senior Notes due 2026. The notes were issued when the stock was trading at $318 per share back in September and the initial conversion price is set at $477 per share. So, yes... conversion in the next 2 to 3 years is very unlikely.Source: Sea Limited Investor Relations and Author's AnalysisWith net cash of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won't be long before Sea requires another cash infusion. Therefore, if the high cash burn rate persists for the next 2 to 3 years, investors face a major risk of increasing financial leverage and/or dilution in the form of equity raises.Cash Flow StatementHere is what cash flow looks like over the last few quarters. Notice how Operating Cash Flow turned negative in the last quarter. Most of the cash also comes from Financing activities.Source: Sea Limited Investor Relations and Author's AnalysisUnlike other high-flying growth companies, Sea's Share-Based Compensation expenses are relatively low.Source: Sea Limited Investor Relations and Author's AnalysisCompetitive MoatsBased on my research and analysis, I identified three key competitive moats for Sea: brand, network effects, and barriers to entry. I used to think that Sea has cost advantages but as Garena becomes a smaller part of the overall business, and as losses continue to worsen, I have reason to believe that Sea no longer holds that moat.BrandAs discussed in previous sections, Garena's games, particularly Free Fire, have consistently ranked as the most downloaded mobile game in the world. Additionally, the Shopee app has gained cross-border stardom and is now regarded as the most downloaded or fastest-trending shopping App in the countries it operates in. Lastly, SeaMoney is also gaining traction with banking licenses granted in various countries that should increase brand value and trust.Network EffectsThe sheer amount of app downloads leads to powerful network effects. Garena has 652 million QAUs, which is about 8% of the world's population. Shopee recorded 200+ million app downloads in FY2021 alone. SeaMoney QAUs topped 45.8 million in Q4 and it is still in the early stages of adoption.With all these users in the Sea platform, cross-selling new products or services should be easier as Sea continues to scale. One such example is Shopee Brazil and Free Fire where each platform is encouraging consumers to use the other. As Sea continues to innovate and offer better experiences for its customers, the ecosystem gets bigger and tighter, leading to powerful network effects.Source: Shopee BrazilBarriers To EntryI believe each of Sea's core businesses is operating in a winner-takes-most environment with high barriers to entry.The mobile gaming environment requires the most talented developers to launch blockbuster games. Garena's Free Fire is certainly a blockbuster game and time in Free Fire's game means time away from other mobile games.Just like how Amazon (AMZN) dominates in the US, the e-commerce landscape in Southeast Asia and Latin America is dominated by a few players, such as Shopee, Tokopedia, and MercadoLibre (MELI). The scale and unit economics that these players have achieved makes it unsustainable for new entrants to compete with them.Banking and fintech is also a highly-regulated environment. Furthermore, consumers prefer to have just one mobile wallet, such as ShopeePay, as opposed to owning several different fintech applications.ValuationBased on my sum-of-the-parts and comparable company valuation analysis, Sea looks to be slightly undervalued with 19% upside potential. Of course, comparables are not perfect but based on this, we can gauge where Sea stands among peers.Source: Author's AnalysisOn the flip side, Sea looks extremely cheap on a historical basis. In terms of EV/Sales, Sea is trading at the lowest valuation since its IPO, trading at just 4.2x forward sales.Source: KoyfinIn terms of EV/Gross Profit, Sea is trading even cheaper than its March 2020 lows.Source: KoyfinThe valuation compression is warranted given that the company flew too close to the sun and now it is cratering back to the sea — not just for Sea, but almost all growth stocks took a beating. Growth is also slowing down and the macroeconomic environment looks gloomier than ever. However, this is not the end of the world; I think the markets are overreacting. Diversion from the mean goes both ways — perhaps, current prices present a good margin of safety for long-term investors.CatalystsSuccessful International Expansion — Shopee has been successful in replicating its playbook from Southeast Asia to Brazil. Recently, Shopee launched operations in India, Mexico, Chile, Colombia, Argentina, Poland, and Spain. If Shopee can take substantial market share in these new regions, Shopee's growth could turn exponential.The Metaverse — Sea's withering gaming division needs to be revitalized. New games and features could definitely provide the boost that it needs. For example, the metaverse is an exciting opportunity and Garena could introduce this concept to its 600+ million QAUs. Sea AI Lab (SAIL) and Sea Capital are two ventures that could accelerate the company into emerging industries, including the metaverse.We will continue to encourage user-generated content by enhancing greater features and accessibility. We believe that a strong user reception to Craftland is a positive indicator of the initial success to encourage user participation in content creation and to build Free Fire into an increasingly open platform and is well aligned with major emerging industry trends such as metaverse.Regional SuperApp — Although this concept has yet to be discussed by management, launching a regional SuperApp could enhance user engagement to new levels. For example, imagine Shopee users being able to play games, shop, order food delivery, pay for services, transfer money, invest, all under one app. Imagine users being able to convert their deposited funds in ShopeePay, into ShopeeCoins, and use it to perform cross-border transactions.Continued Growth In SeaMoney — SeaMoney is still in its early stages and continued adoption of Sea's digital financial services offerings will be a strong addition to Sea's bull thesis. SPayLater has real potential to disrupt the consumer credit industry. SeaBank and ShopeePay have the opportunity to capture digital wallet, digital banking, and cashless society trends.Free Fire India Ban Lift— Garena's weak guidance factored in the headwinds coming from the ban in India. If the ban is lifted, the stock may react positively as much of Sea's cash burn problems may be eliminated.RisksThe Pressure to Launch Blockbuster Games— There will come a time when Free Fire will be dethroned as the most-played and most-downloaded game. That is just how the gaming business works. This puts a substantial risk on the cash flow generation potential of Garena. Launching blockbuster games is never easy and it requires many trials and errors along the way. For me, I would like to see Garena shift to a gaming franchise model where the company launches an updated version of an existing game every year or two, which presents a more stable and recurring revenue stream for the company. An example would be FIFA or Call of Duty.Shopee India Ban — With Free Fire banned in India, there's also the potential for Shoppe to be banned as well.Failure to Gain Traction in International Markets— Shopee pulled out of France in early March, an indication that Shoppe's business model is not replicable in other countries, especially in more developed regions. Shopee Poland and Spain may be next on the exit list as they hold a close resemblance to France.Geopolitical Risks— Tencent, a Chinese company, has an 18.7% equity stake in Sea. Sanctions, bans, and other restrictions on Chinese companies, given the current geopolitical environment, could spell trouble for Sea. Tencent may have to cut exposure on Sea or even dissolve its developing-publishing partnership with Garena.Local Competition— Local champions operating in their respective markets cannot be ignored. These include GoTo in Indonesia, MercadoLibre in Latin America, and Flipkart in India.In addition, there's a certain level of pride for consumers to see their native-born companies succeed. I'm Indonesian, and it makes me really happy to see GoTo grow and grow.GoTo, the holding company of both Indonesian tech darlings Gojek and Tokopedia, recently announced its plan to IPO in the Indonesia Stock Exchange. Here's a glance of GoTo's stats for the 12-months ended 30 September 2021:Valuation: $26.2 billion to $28.8 billionGMV: $28.8 billionRevenue: $1 billionGross Orders: 2 billionAnnual Transacting Users: 55 millionDriver Partners: 2.5 millionMerchants: 14 millionThe point is that there are big-time local players operating in Sea's markets that investors should never ignore. Here's a little snippet from my previous Shopee article:But with the GoTo merger, Indonesia could potentially extinguish the orange flame that charred its forest for many years. Now, GoTo could finally reclaim a good chunk of its territory that was lost to waves of competition, especially from Shopee. GoTo could finally gain more ground as the roots grew even stronger with the merger, fertilized with the synergies of value propositions, logistics, payments, and banking solutions.Meanwhile, Sea Limited's stock continues to soar, ignoring the titan of an elephant in the room. And because of GoTo's integration, Shopee's vertically-integrated business model doesn't look like a strong competitive advantage anymore.ConclusionEach of Sea's core businesses is in hypergrowth mode, propelled by megatrends in the mobile gaming, e-commerce, and fintech industry. Management understands these opportunities and therefore, is sacrificing short-term profitability for long-term market dominance. Despite being a larger business, Sea still has a massive growth runway ahead.That is not to say that unprofitability and competition risks can and should be ignored. The biggest concern for investors is the company's unsustainable cash burn rate, which will likely lead to further capital raises in the near future.Nonetheless, the long-term growth thesis for the three-headed monster remains intact. Strong brand, network effects, and barriers to entry moats should support the business going forward. In addition, shares of Sea are trading at the lowest valuation multiples ever, which presents a good margin of safety for an entry at these prices.Thank you for reading my Sea Limited deep dive. If you enjoyed the article, please let me know in the comment section down below. If you have any suggestions or feedback, don't hesitate to share your thoughts as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910244415,"gmtCreate":1663635770537,"gmtModify":1676537305364,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9910244415","repostId":"2268919880","repostType":4,"repost":{"id":"2268919880","pubTimestamp":1663619595,"share":"https://www.laohu8.com/m/news/2268919880?lang=&edition=full","pubTime":"2022-09-20 04:33","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Choppy Session Higher With Focus Firmly on Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2268919880","media":"Reuters","summary":"Wall Street's main indexes ended a seesaw session higher on Monday, as investors turned their attent","content":"<html><head></head><body><p>Wall Street&#39;s main indexes ended a seesaw session higher on Monday, as investors turned their attention to this week&#39;s policy meeting at the Federal Reserve and how aggressively it will hike interest rates.</p><p>Even more so than the Ukraine war or corporate earnings, the actions of the U.S. central bank are driving market sentiment as traders try to position themselves for a rising interest rate environment.</p><p>The S&amp;P 500 and the Nasdaq rebounded from logging their worst weekly percentage drop since June on Friday, as markets fully priced in at least a 75 basis point rise in rates at the end of Fed&#39;s Sept. 20-21 policy meeting, with Fed funds futures showing a 15% chance of a whopping 100 bps increase.</p><p>Unexpectedly hot August inflation data last week also raised bets on increased rate hikes down the road, with the terminal rate for U.S. fed funds now at 4.46%.</p><p>&#34;This is all about what&#39;s going to happen on Wednesday, and what comes out of the Fed&#39;s hands on Wednesday, so I think people are just going to wait and see until then,&#34; said Josh Markman, partner at Bel Air Investment Advisors.</p><p>&#34;We had a poor print when the CPI came in, so the Fed - who is behind the 8-ball - is now trying to get ahead of the curve and curb inflation, and that (awareness) is driving equity markets.&#34;</p><p>Reflecting the caution for new bets ahead of the Fed meeting, just 9.58 million shares traded on U.S. exchanges on Monday, the sixth lightest day for trading volume this year.</p><p>Focus will also be on new economic projections, due to be published alongside the Fed&#39;s policy statement at 2 p.m. ET (1800 GMT) on Wednesday.</p><p>Worries of Fed tightening have dragged the S&amp;P 500 down 18.2% this year, with a recent dire earnings report from delivery firm FedEx Corp, an inverted U.S. Treasury yield curve and warnings from the World Bank and the IMF about an impending global economic slowdown adding to the woes.</p><p>Goldman Sachs cut its forecast for 2023 U.S. GDP late on Friday as it projects a more aggressive Fed and sees that pushing the jobless rate higher than it previously expected.</p><p>&#34;The Fed will continue to plough along, we&#39;ll get 75 (bps) on Wednesday, but what comes next and whether they are going to pause or not after Wednesday, that is going to be the interesting part,&#34; said Bel Air&#39;s Markman.</p><p>The Dow Jones Industrial Average rose 197.26 points, or 0.64%, to 31,019.68, the S&amp;P 500 gained 26.56 points, or 0.69%, to 3,899.89 and the Nasdaq Composite added 86.62 points, or 0.76%, to 11,535.02.</p><p>A majority of the 11 S&amp;P 500 sectors rose. One exception was healthcare, down 0.6% as it was weighed by a fall in shares of vaccine maker Moderna Inc a day after President Joe Biden said in a CBS interview that &#34;the pandemic is over&#34;.</p><p>Industrial stocks rebounded 1.4% after a sharp drop on Friday, while banks gained 1.9%. Tech heavyweights Apple Inc and Tesla Inc rose 2.5% and 1.9%, respectively, to provide the biggest boost to the S&amp;P 500 and the Nasdaq.</p><p><a href=\"https://laohu8.com/S/TTWO\">Take-Two Interactive Software</a> Inc closed up 0.7%, having recovered from a slump earlier in the day caused by confirmation that a hacker had leaked the early footage of Grand Theft Auto VI, the next installment of the best-selling videogame.</p><p>Meanwhile, Knowbe4 Inc jumped 28.2% to $22.17, its highest close since May 4, after the cybersecurity firm said that <a href=\"https://laohu8.com/S/VGL.AU\">Vista</a> Equity Partners had offered to take it private for $24 per share, valuing the company at $4.22 billion.</p><p>The S&amp;P 500 posted one new 52-week high and 28 new lows; the Nasdaq Composite recorded 29 new highs and 378 new lows. </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Choppy Session Higher With Focus Firmly on Fed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nUS STOCKS-Wall Street Ends Choppy Session Higher With Focus Firmly on Fed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-20 04:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-ends-203315834.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street's main indexes ended a seesaw session higher on Monday, as investors turned their attention to this week's policy meeting at the Federal Reserve and how aggressively it will hike interest ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-ends-203315834.html\">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",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-ends-203315834.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268919880","content_text":"Wall Street's main indexes ended a seesaw session higher on Monday, as investors turned their attention to this week's policy meeting at the Federal Reserve and how aggressively it will hike interest rates.Even more so than the Ukraine war or corporate earnings, the actions of the U.S. central bank are driving market sentiment as traders try to position themselves for a rising interest rate environment.The S&P 500 and the Nasdaq rebounded from logging their worst weekly percentage drop since June on Friday, as markets fully priced in at least a 75 basis point rise in rates at the end of Fed's Sept. 20-21 policy meeting, with Fed funds futures showing a 15% chance of a whopping 100 bps increase.Unexpectedly hot August inflation data last week also raised bets on increased rate hikes down the road, with the terminal rate for U.S. fed funds now at 4.46%.\"This is all about what's going to happen on Wednesday, and what comes out of the Fed's hands on Wednesday, so I think people are just going to wait and see until then,\" said Josh Markman, partner at Bel Air Investment Advisors.\"We had a poor print when the CPI came in, so the Fed - who is behind the 8-ball - is now trying to get ahead of the curve and curb inflation, and that (awareness) is driving equity markets.\"Reflecting the caution for new bets ahead of the Fed meeting, just 9.58 million shares traded on U.S. exchanges on Monday, the sixth lightest day for trading volume this year.Focus will also be on new economic projections, due to be published alongside the Fed's policy statement at 2 p.m. ET (1800 GMT) on Wednesday.Worries of Fed tightening have dragged the S&P 500 down 18.2% this year, with a recent dire earnings report from delivery firm FedEx Corp, an inverted U.S. Treasury yield curve and warnings from the World Bank and the IMF about an impending global economic slowdown adding to the woes.Goldman Sachs cut its forecast for 2023 U.S. GDP late on Friday as it projects a more aggressive Fed and sees that pushing the jobless rate higher than it previously expected.\"The Fed will continue to plough along, we'll get 75 (bps) on Wednesday, but what comes next and whether they are going to pause or not after Wednesday, that is going to be the interesting part,\" said Bel Air's Markman.The Dow Jones Industrial Average rose 197.26 points, or 0.64%, to 31,019.68, the S&P 500 gained 26.56 points, or 0.69%, to 3,899.89 and the Nasdaq Composite added 86.62 points, or 0.76%, to 11,535.02.A majority of the 11 S&P 500 sectors rose. One exception was healthcare, down 0.6% as it was weighed by a fall in shares of vaccine maker Moderna Inc a day after President Joe Biden said in a CBS interview that \"the pandemic is over\".Industrial stocks rebounded 1.4% after a sharp drop on Friday, while banks gained 1.9%. Tech heavyweights Apple Inc and Tesla Inc rose 2.5% and 1.9%, respectively, to provide the biggest boost to the S&P 500 and the Nasdaq.Take-Two Interactive Software Inc closed up 0.7%, having recovered from a slump earlier in the day caused by confirmation that a hacker had leaked the early footage of Grand Theft Auto VI, the next installment of the best-selling videogame.Meanwhile, Knowbe4 Inc jumped 28.2% to $22.17, its highest close since May 4, after the cybersecurity firm said that Vista Equity Partners had offered to take it private for $24 per share, valuing the company at $4.22 billion.The S&P 500 posted one new 52-week high and 28 new lows; the Nasdaq Composite recorded 29 new highs and 378 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037443926,"gmtCreate":1648170123038,"gmtModify":1676534312647,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037443926","repostId":"2222003422","repostType":4,"repost":{"id":"2222003422","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":1648161500,"share":"https://www.laohu8.com/m/news/2222003422?lang=&edition=full","pubTime":"2022-03-25 06:38","market":"us","language":"en","title":"US STOCKS-Wall St Resumes Rally, Led by Nasdaq as Chipmakers Soar","url":"https://stock-news.laohu8.com/highlight/detail?id=2222003422","media":"Reuters","summary":"* Weekly jobless claims hits lowest since 1969* Uber surges on deal to list all NYC taxis on its app* Indexes: Dow up 1%, S&P 500 up 1.4%, Nasdaq up 1.9%(Reuters) - Major U.S. stock indexes rallied mo","content":"<html><head></head><body><p>* Weekly jobless claims hits lowest since 1969</p><p>* Uber surges on deal to list all NYC taxis on its app</p><p>* Indexes: Dow up 1%, S&amp;P 500 up 1.4%, Nasdaq up 1.9%</p><p>(Reuters) - Major U.S. stock indexes rallied more than 1% on Thursday, extending the market&#39;s recent rebound, as investors snapped up beaten-down shares of chipmakers and big growth names and as oil prices dropped.</p><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp</a>&#39;s stock gained 9.8%, leading a rally across the chip sector and hitting its highest level since mid-January. <a href=\"https://laohu8.com/S/INTC\">Intel Corp</a> climbed 6.9%, and both stocks helped to boost the S&amp;P 500 and the Nasdaq.</p><p>The Philadelphia SE semiconductor index jumped 5.1% in its biggest daily percentage gain since Feb. 15, while it remains down about 10% for the year so far. <a href=\"https://laohu8.com/S/AAPL\">Apple</a> shares rose for an eighth consecutive day after getting hammered earlier this month.</p><p>The three major indexes have rallied in six of the last eight sessions, with all three having rebounded after the S&amp;P 500 and the Dow confirmed they are in correction and the Nasdaq established it is in a bear market.</p><p>&#34;The bear market was the dip to buy,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma, which has about $50 million in assets under management. &#34;People finally said hey, this is a good entry point.&#34;</p><p>&#34;They are seeing more value in tech for the first time in a long time,&#34; he said.</p><p>Oil prices fell after rallying sharply on Wednesday.</p><p>Data earlier showed the number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink.</p><p>The Dow Jones Industrial Average rose 349.44 points, or 1.02%, to 34,707.94, the S&amp;P 500 gained 63.92 points, or 1.43%, to 4,520.16 and the Nasdaq Composite added 269.24 points, or 1.93%, to 14,191.84.</p><p>Investors watched for the next developments in the Ukraine-Russia crisis. Western leaders have agreed to increase military aid to Ukraine and tighten sanctions on Russia whose invasion of its neighbor entered a second month.</p><p><a href=\"https://laohu8.com/S/UBER\">Uber Technologies Inc</a> climbed 5% after the ride-hailing firm reached a deal to list all New York City taxis on its app.</p><p>Volume on U.S. exchanges was relatively low at 11.03 billion shares, compared with the 14.3 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 2.03-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 29 new 52-week highs and four new lows; the Nasdaq Composite recorded 58 new highs and 60 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Resumes Rally, Led by Nasdaq as Chipmakers Soar</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\">\nUS STOCKS-Wall St Resumes Rally, Led by Nasdaq as Chipmakers Soar\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-25 06:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Weekly jobless claims hits lowest since 1969</p><p>* Uber surges on deal to list all NYC taxis on its app</p><p>* Indexes: Dow up 1%, S&amp;P 500 up 1.4%, Nasdaq up 1.9%</p><p>(Reuters) - Major U.S. stock indexes rallied more than 1% on Thursday, extending the market&#39;s recent rebound, as investors snapped up beaten-down shares of chipmakers and big growth names and as oil prices dropped.</p><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp</a>&#39;s stock gained 9.8%, leading a rally across the chip sector and hitting its highest level since mid-January. <a href=\"https://laohu8.com/S/INTC\">Intel Corp</a> climbed 6.9%, and both stocks helped to boost the S&amp;P 500 and the Nasdaq.</p><p>The Philadelphia SE semiconductor index jumped 5.1% in its biggest daily percentage gain since Feb. 15, while it remains down about 10% for the year so far. <a href=\"https://laohu8.com/S/AAPL\">Apple</a> shares rose for an eighth consecutive day after getting hammered earlier this month.</p><p>The three major indexes have rallied in six of the last eight sessions, with all three having rebounded after the S&amp;P 500 and the Dow confirmed they are in correction and the Nasdaq established it is in a bear market.</p><p>&#34;The bear market was the dip to buy,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma, which has about $50 million in assets under management. &#34;People finally said hey, this is a good entry point.&#34;</p><p>&#34;They are seeing more value in tech for the first time in a long time,&#34; he said.</p><p>Oil prices fell after rallying sharply on Wednesday.</p><p>Data earlier showed the number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink.</p><p>The Dow Jones Industrial Average rose 349.44 points, or 1.02%, to 34,707.94, the S&amp;P 500 gained 63.92 points, or 1.43%, to 4,520.16 and the Nasdaq Composite added 269.24 points, or 1.93%, to 14,191.84.</p><p>Investors watched for the next developments in the Ukraine-Russia crisis. Western leaders have agreed to increase military aid to Ukraine and tighten sanctions on Russia whose invasion of its neighbor entered a second month.</p><p><a href=\"https://laohu8.com/S/UBER\">Uber Technologies Inc</a> climbed 5% after the ride-hailing firm reached a deal to list all New York City taxis on its app.</p><p>Volume on U.S. exchanges was relatively low at 11.03 billion shares, compared with the 14.3 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 2.03-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 29 new 52-week highs and four new lows; the Nasdaq Composite recorded 58 new highs and 60 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222003422","content_text":"* Weekly jobless claims hits lowest since 1969* Uber surges on deal to list all NYC taxis on its app* Indexes: Dow up 1%, S&P 500 up 1.4%, Nasdaq up 1.9%(Reuters) - Major U.S. stock indexes rallied more than 1% on Thursday, extending the market's recent rebound, as investors snapped up beaten-down shares of chipmakers and big growth names and as oil prices dropped.Nvidia Corp's stock gained 9.8%, leading a rally across the chip sector and hitting its highest level since mid-January. Intel Corp climbed 6.9%, and both stocks helped to boost the S&P 500 and the Nasdaq.The Philadelphia SE semiconductor index jumped 5.1% in its biggest daily percentage gain since Feb. 15, while it remains down about 10% for the year so far. Apple shares rose for an eighth consecutive day after getting hammered earlier this month.The three major indexes have rallied in six of the last eight sessions, with all three having rebounded after the S&P 500 and the Dow confirmed they are in correction and the Nasdaq established it is in a bear market.\"The bear market was the dip to buy,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma, which has about $50 million in assets under management. \"People finally said hey, this is a good entry point.\"\"They are seeing more value in tech for the first time in a long time,\" he said.Oil prices fell after rallying sharply on Wednesday.Data earlier showed the number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink.The Dow Jones Industrial Average rose 349.44 points, or 1.02%, to 34,707.94, the S&P 500 gained 63.92 points, or 1.43%, to 4,520.16 and the Nasdaq Composite added 269.24 points, or 1.93%, to 14,191.84.Investors watched for the next developments in the Ukraine-Russia crisis. Western leaders have agreed to increase military aid to Ukraine and tighten sanctions on Russia whose invasion of its neighbor entered a second month.Uber Technologies Inc climbed 5% after the ride-hailing firm reached a deal to list all New York City taxis on its app.Volume on U.S. exchanges was relatively low at 11.03 billion shares, compared with the 14.3 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 2.03-to-1 ratio favored advancers.The S&P 500 posted 29 new 52-week highs and four new lows; the Nasdaq Composite recorded 58 new highs and 60 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":6,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951200729,"gmtCreate":1673484025062,"gmtModify":1676538843753,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9951200729","repostId":"2302817558","repostType":4,"repost":{"id":"2302817558","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":1673482764,"share":"https://www.laohu8.com/m/news/2302817558?lang=&edition=full","pubTime":"2023-01-12 08:19","market":"us","language":"en","title":"Why Thursday’s U.S. CPI Report Might Kill Stock Market’s Hope of Inflation Melting Away","url":"https://stock-news.laohu8.com/highlight/detail?id=2302817558","media":"Dow Jones","summary":"Stock-market optimism that the peak of inflation is behind us leaves little room for error, says Kra","content":"<html><head></head><body><p>Stock-market optimism that the peak of inflation is behind us leaves little room for error, says Kramer of Mott Capital Management</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/987a22bd97ab2795885bd6b97e9a21b7\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Brandon Bell/Getty Images</span></p><p>A mild stock market rally to kick off the new year will be put to the test Thursday when investors face a highly-awaited U.S. inflation reading which could well help determine the size of the Federal Reserve&#39;s next interest-rate increase.</p><p>The December CPI reading from the Bureau of Labor Statistics, which tracks changes in the prices paid by consumers for goods and services, is expected to show a 6.5% rise from a year earlier, slowing from a 7.1% year-over-year rise seen in the previous month, according to a survey of economists by Dow Jones. The core price measure that strips out volatile food and fuel costs, is expected to rise 0.3% from November, or 5.7% year over year.</p><p>The December CPI will be particularly important for influencing the Fed&#39;s decision in its upcoming meeting which concludes February 1, said economists at Pimco. They expect the inflation and lsabor market data will have moderated sufficiently will push the central bank to pause rate hikes before their May meeting.</p><p>&#34;After hiking 50 basis points at the December meeting, we expect the Fed moves to a 25bp hiking pace in early February, and ultimately pause around 5%,&#34; wrote Pimco&#39;s economists Tiffany Wilding and Allison Boxer, in a Tuesday note.</p><p>However, since the Fed&#39;s December meeting, officials have relentlessly signaled the central bank will need to raise interest rates above 5% in order to get inflation to the 2% target, with no interest rate cuts expected this year. Fed funds futures traders now see a 78% likelihood of a 25 basis point hike at its February meeting, and a 68% chance of another in March, which would bring the terminal rate to merely 4.75-5% by mid-year, according to the CME FedWatch tool.</p><p>After two lower-than-expected CPI readings, which have given the market hope that inflation will melt away quickly, the December reading for inflation is essential to keep alive the market&#39;s hopes for falling inflation, Michael J. Kramer, founder of Mott Capital Management said in a Monday note.</p><p>&#34;Inflation swaps currently see inflation falling below 2.5% by the summer of 2023, which seems hopeful,&#34; Kramer said. &#34;This week&#39;s CPI reading will be essential in maintaining that view and could prove disastrous if CPI comes in hotter than expected, veering market-based inflation expectations off course.&#34;</p><p>The stock market is looking for an &#34;around 5%&#34; increase in December&#39;s core inflation, said Rhys Williams, chief strategist at Spouting Rock Asset Management. &#34;If you get a number in the low four [percent], the stock-market rally will continue. The market is very hyper-focused on data points.&#34;</p><p>U.S. stocks had a positive start to 2023 with hopes that cooling inflation and a potential recession may persuade the central bank to ease off the pace at which it is raising its policy interest rate.</p><p>Williams thinks inflation is coming down but it will not hit the central bank&#39;s 2% mark by summer 2023.</p><p>&#34;I think at some point the markets will realize, &#39;oh we can&#39;t get to 2%,&#34; and then the markets probably do sell off on that. I think maybe in short term [the stocks go] up and then in the second quarter, they go back down as people realize that 2% is not realistic,&#34; Williams told MarketWatch via phone.</p><p>U.S. stock indexes ended higher on Wednesday. The S&amp;P 500 was up 1.3%, while the Dow Jones Industrial Average gained 0.8% and the Nasdaq Composite advanced 1.8%.</p><p>Also Read: </p><p><a href=\"https://ttm.financial/NW/2302886853\" target=\"_blank\">Traders Lose Trust in CPI Data Security in Wake of Volume Shock</a>  </p><p><a href=\"https://ttm.financial/NW/2302647076\" target=\"_blank\">Forget Core CPI, Market Pros Are Searching for Supercore Inflation</a></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Thursday’s U.S. CPI Report Might Kill Stock Market’s Hope of Inflation Melting Away</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 Thursday’s U.S. CPI Report Might Kill Stock Market’s Hope of Inflation Melting Away\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\">2023-01-12 08:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stock-market optimism that the peak of inflation is behind us leaves little room for error, says Kramer of Mott Capital Management</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/987a22bd97ab2795885bd6b97e9a21b7\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Brandon Bell/Getty Images</span></p><p>A mild stock market rally to kick off the new year will be put to the test Thursday when investors face a highly-awaited U.S. inflation reading which could well help determine the size of the Federal Reserve&#39;s next interest-rate increase.</p><p>The December CPI reading from the Bureau of Labor Statistics, which tracks changes in the prices paid by consumers for goods and services, is expected to show a 6.5% rise from a year earlier, slowing from a 7.1% year-over-year rise seen in the previous month, according to a survey of economists by Dow Jones. The core price measure that strips out volatile food and fuel costs, is expected to rise 0.3% from November, or 5.7% year over year.</p><p>The December CPI will be particularly important for influencing the Fed&#39;s decision in its upcoming meeting which concludes February 1, said economists at Pimco. They expect the inflation and lsabor market data will have moderated sufficiently will push the central bank to pause rate hikes before their May meeting.</p><p>&#34;After hiking 50 basis points at the December meeting, we expect the Fed moves to a 25bp hiking pace in early February, and ultimately pause around 5%,&#34; wrote Pimco&#39;s economists Tiffany Wilding and Allison Boxer, in a Tuesday note.</p><p>However, since the Fed&#39;s December meeting, officials have relentlessly signaled the central bank will need to raise interest rates above 5% in order to get inflation to the 2% target, with no interest rate cuts expected this year. Fed funds futures traders now see a 78% likelihood of a 25 basis point hike at its February meeting, and a 68% chance of another in March, which would bring the terminal rate to merely 4.75-5% by mid-year, according to the CME FedWatch tool.</p><p>After two lower-than-expected CPI readings, which have given the market hope that inflation will melt away quickly, the December reading for inflation is essential to keep alive the market&#39;s hopes for falling inflation, Michael J. Kramer, founder of Mott Capital Management said in a Monday note.</p><p>&#34;Inflation swaps currently see inflation falling below 2.5% by the summer of 2023, which seems hopeful,&#34; Kramer said. &#34;This week&#39;s CPI reading will be essential in maintaining that view and could prove disastrous if CPI comes in hotter than expected, veering market-based inflation expectations off course.&#34;</p><p>The stock market is looking for an &#34;around 5%&#34; increase in December&#39;s core inflation, said Rhys Williams, chief strategist at Spouting Rock Asset Management. &#34;If you get a number in the low four [percent], the stock-market rally will continue. The market is very hyper-focused on data points.&#34;</p><p>U.S. stocks had a positive start to 2023 with hopes that cooling inflation and a potential recession may persuade the central bank to ease off the pace at which it is raising its policy interest rate.</p><p>Williams thinks inflation is coming down but it will not hit the central bank&#39;s 2% mark by summer 2023.</p><p>&#34;I think at some point the markets will realize, &#39;oh we can&#39;t get to 2%,&#34; and then the markets probably do sell off on that. I think maybe in short term [the stocks go] up and then in the second quarter, they go back down as people realize that 2% is not realistic,&#34; Williams told MarketWatch via phone.</p><p>U.S. stock indexes ended higher on Wednesday. The S&amp;P 500 was up 1.3%, while the Dow Jones Industrial Average gained 0.8% and the Nasdaq Composite advanced 1.8%.</p><p>Also Read: </p><p><a href=\"https://ttm.financial/NW/2302886853\" target=\"_blank\">Traders Lose Trust in CPI Data Security in Wake of Volume Shock</a>  </p><p><a href=\"https://ttm.financial/NW/2302647076\" target=\"_blank\">Forget Core CPI, Market Pros Are Searching for Supercore Inflation</a></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302817558","content_text":"Stock-market optimism that the peak of inflation is behind us leaves little room for error, says Kramer of Mott Capital ManagementBrandon Bell/Getty ImagesA mild stock market rally to kick off the new year will be put to the test Thursday when investors face a highly-awaited U.S. inflation reading which could well help determine the size of the Federal Reserve's next interest-rate increase.The December CPI reading from the Bureau of Labor Statistics, which tracks changes in the prices paid by consumers for goods and services, is expected to show a 6.5% rise from a year earlier, slowing from a 7.1% year-over-year rise seen in the previous month, according to a survey of economists by Dow Jones. The core price measure that strips out volatile food and fuel costs, is expected to rise 0.3% from November, or 5.7% year over year.The December CPI will be particularly important for influencing the Fed's decision in its upcoming meeting which concludes February 1, said economists at Pimco. They expect the inflation and lsabor market data will have moderated sufficiently will push the central bank to pause rate hikes before their May meeting.\"After hiking 50 basis points at the December meeting, we expect the Fed moves to a 25bp hiking pace in early February, and ultimately pause around 5%,\" wrote Pimco's economists Tiffany Wilding and Allison Boxer, in a Tuesday note.However, since the Fed's December meeting, officials have relentlessly signaled the central bank will need to raise interest rates above 5% in order to get inflation to the 2% target, with no interest rate cuts expected this year. Fed funds futures traders now see a 78% likelihood of a 25 basis point hike at its February meeting, and a 68% chance of another in March, which would bring the terminal rate to merely 4.75-5% by mid-year, according to the CME FedWatch tool.After two lower-than-expected CPI readings, which have given the market hope that inflation will melt away quickly, the December reading for inflation is essential to keep alive the market's hopes for falling inflation, Michael J. Kramer, founder of Mott Capital Management said in a Monday note.\"Inflation swaps currently see inflation falling below 2.5% by the summer of 2023, which seems hopeful,\" Kramer said. \"This week's CPI reading will be essential in maintaining that view and could prove disastrous if CPI comes in hotter than expected, veering market-based inflation expectations off course.\"The stock market is looking for an \"around 5%\" increase in December's core inflation, said Rhys Williams, chief strategist at Spouting Rock Asset Management. \"If you get a number in the low four [percent], the stock-market rally will continue. The market is very hyper-focused on data points.\"U.S. stocks had a positive start to 2023 with hopes that cooling inflation and a potential recession may persuade the central bank to ease off the pace at which it is raising its policy interest rate.Williams thinks inflation is coming down but it will not hit the central bank's 2% mark by summer 2023.\"I think at some point the markets will realize, 'oh we can't get to 2%,\" and then the markets probably do sell off on that. I think maybe in short term [the stocks go] up and then in the second quarter, they go back down as people realize that 2% is not realistic,\" Williams told MarketWatch via phone.U.S. stock indexes ended higher on Wednesday. The S&P 500 was up 1.3%, while the Dow Jones Industrial Average gained 0.8% and the Nasdaq Composite advanced 1.8%.Also Read: Traders Lose Trust in CPI Data Security in Wake of Volume Shock  Forget Core CPI, Market Pros Are Searching for Supercore Inflation","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126752469,"gmtCreate":1624585826451,"gmtModify":1703841004700,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Hahaha, pls like and comments, thanks&nbsp;","listText":"Hahaha, pls like and comments, thanks&nbsp;","text":"Hahaha, pls like and comments, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/126752469","repostId":"2146023477","repostType":4,"repost":{"id":"2146023477","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":1624575912,"share":"https://www.laohu8.com/m/news/2146023477?lang=&edition=full","pubTime":"2021-06-25 07:05","market":"us","language":"en","title":"Nasdaq and S&P 500 end at record highs; Dow rallies","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023477","media":"Reuters","summary":"June 24 (Reuters) - The Nasdaq and the S&P 500 indexes closed at record highs on Thursday, with the ","content":"<p>June 24 (Reuters) - The Nasdaq and the S&amp;P 500 indexes closed at record highs on Thursday, with the Dow also jumping almost 1% after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal.</p>\n<p>With massive fiscal stimulus helped the U.S. economy grow at a 6.4% annualized rate in the first quarter, investors have been banking on an infrastructure agreement that could steer the next leg of the recovery for the world's largest economy and fuel more stock gains.</p>\n<p>Construction and mining equipment maker Caterpillar and aerospace firm Boeing both jumped more than 2%, helping lift the Dow Jones Industrial Average.</p>\n<p>\"In the short term, I think there will be some 'buy the rumor and sell the news' in materials and industrials, but as we start to see more details come out about how the money will be spent, I think we will get a continued benefit,\" said Sal Bruno, chief investment officer at IndexIQ in New York.</p>\n<p>Fueling the S&amp;P 500's gains more than any other stock, Tesla Inc rose 3.5% after Chief Executive Officer Elon Musk said he would list SpaceX's space internet venture, Starlink, when its cash flow is reasonably predictable, adding that Tesla shareholders could get preference in investing.</p>\n<p>Mega-caps <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc each gained more than 1%, and were also among the biggest boosts to the S&amp;P 500 and the Nasdaq.</p>\n<p>Microsoft added 0.5% and ended with a market capitalization above $2 trillion for its first time.</p>\n<p>Initial claims for state unemployment benefits fell 7,000 to 411,000 for the week ended June 19, the Labor Department said on Thursday, but were still higher than the 380,000 that economists had forecast.</p>\n<p>The Commerce Department said the economy grew at a 6.4% rate last quarter, unrevised from the estimate published in May.</p>\n<p>So far this month, the S&amp;P 500 growth index has climbed almost 4%, outperforming the value index's 2% drop.</p>\n<p>The Dow Jones Industrial Average rose 0.95% to end at 34,196.82 points, while the S&amp;P 500 gained 0.58% to 4,266.49.</p>\n<p>The Nasdaq Composite climbed 0.69% to 14,369.71.</p>\n<p>Volume on U.S. exchanges was 9.2 billion shares, less than the 11.0 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 technology, healthcare and communication services sector indexes hit record highs.</p>\n<p>So far in 2021, the S&amp;P 500 has gained almost 14%, beating the Nasdaq's 11% rise.</p>\n<p>Eli Lilly and Co jumped 7.3% to a record high after the drugmaker said it would apply for the U.S. Food and Drug Administration's accelerated approval for its experimental Alzheimer's drug this year.</p>\n<p>In response, Biogen Inc , which received a controversial approval for its Alzheimer's drug aducanumab earlier this month, tumbled 6.1%.</p>\n<p>MGM Resorts International rose 2.2% after Deutsche Bank upgraded the casino operator's stock to \"buy\" from \"hold.\"</p>\n<p>Accenture Plc gained 2.1% after the IT consulting firm raised its full-year revenue forecast.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.29-to-1 ratio; on Nasdaq, a 2.44-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 105 new highs and 27 new lows.</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>Nasdaq and S&P 500 end at record highs; Dow rallies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq and S&P 500 end at record highs; Dow rallies\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\">2021-06-25 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 24 (Reuters) - The Nasdaq and the S&amp;P 500 indexes closed at record highs on Thursday, with the Dow also jumping almost 1% after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal.</p>\n<p>With massive fiscal stimulus helped the U.S. economy grow at a 6.4% annualized rate in the first quarter, investors have been banking on an infrastructure agreement that could steer the next leg of the recovery for the world's largest economy and fuel more stock gains.</p>\n<p>Construction and mining equipment maker Caterpillar and aerospace firm Boeing both jumped more than 2%, helping lift the Dow Jones Industrial Average.</p>\n<p>\"In the short term, I think there will be some 'buy the rumor and sell the news' in materials and industrials, but as we start to see more details come out about how the money will be spent, I think we will get a continued benefit,\" said Sal Bruno, chief investment officer at IndexIQ in New York.</p>\n<p>Fueling the S&amp;P 500's gains more than any other stock, Tesla Inc rose 3.5% after Chief Executive Officer Elon Musk said he would list SpaceX's space internet venture, Starlink, when its cash flow is reasonably predictable, adding that Tesla shareholders could get preference in investing.</p>\n<p>Mega-caps <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc each gained more than 1%, and were also among the biggest boosts to the S&amp;P 500 and the Nasdaq.</p>\n<p>Microsoft added 0.5% and ended with a market capitalization above $2 trillion for its first time.</p>\n<p>Initial claims for state unemployment benefits fell 7,000 to 411,000 for the week ended June 19, the Labor Department said on Thursday, but were still higher than the 380,000 that economists had forecast.</p>\n<p>The Commerce Department said the economy grew at a 6.4% rate last quarter, unrevised from the estimate published in May.</p>\n<p>So far this month, the S&amp;P 500 growth index has climbed almost 4%, outperforming the value index's 2% drop.</p>\n<p>The Dow Jones Industrial Average rose 0.95% to end at 34,196.82 points, while the S&amp;P 500 gained 0.58% to 4,266.49.</p>\n<p>The Nasdaq Composite climbed 0.69% to 14,369.71.</p>\n<p>Volume on U.S. exchanges was 9.2 billion shares, less than the 11.0 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 technology, healthcare and communication services sector indexes hit record highs.</p>\n<p>So far in 2021, the S&amp;P 500 has gained almost 14%, beating the Nasdaq's 11% rise.</p>\n<p>Eli Lilly and Co jumped 7.3% to a record high after the drugmaker said it would apply for the U.S. Food and Drug Administration's accelerated approval for its experimental Alzheimer's drug this year.</p>\n<p>In response, Biogen Inc , which received a controversial approval for its Alzheimer's drug aducanumab earlier this month, tumbled 6.1%.</p>\n<p>MGM Resorts International rose 2.2% after Deutsche Bank upgraded the casino operator's stock to \"buy\" from \"hold.\"</p>\n<p>Accenture Plc gained 2.1% after the IT consulting firm raised its full-year revenue forecast.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.29-to-1 ratio; on Nasdaq, a 2.44-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 105 new highs and 27 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF",".SPX":"S&P 500 Index","OEX":"标普100","SPY":"标普500ETF","SSO":"两倍做多标普500ETF","MSFT":"微软","UPRO":"三倍做多标普500ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF",".IXIC":"NASDAQ Composite","SDS":"两倍做空标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146023477","content_text":"June 24 (Reuters) - The Nasdaq and the S&P 500 indexes closed at record highs on Thursday, with the Dow also jumping almost 1% after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal.\nWith massive fiscal stimulus helped the U.S. economy grow at a 6.4% annualized rate in the first quarter, investors have been banking on an infrastructure agreement that could steer the next leg of the recovery for the world's largest economy and fuel more stock gains.\nConstruction and mining equipment maker Caterpillar and aerospace firm Boeing both jumped more than 2%, helping lift the Dow Jones Industrial Average.\n\"In the short term, I think there will be some 'buy the rumor and sell the news' in materials and industrials, but as we start to see more details come out about how the money will be spent, I think we will get a continued benefit,\" said Sal Bruno, chief investment officer at IndexIQ in New York.\nFueling the S&P 500's gains more than any other stock, Tesla Inc rose 3.5% after Chief Executive Officer Elon Musk said he would list SpaceX's space internet venture, Starlink, when its cash flow is reasonably predictable, adding that Tesla shareholders could get preference in investing.\nMega-caps PayPal and Facebook Inc each gained more than 1%, and were also among the biggest boosts to the S&P 500 and the Nasdaq.\nMicrosoft added 0.5% and ended with a market capitalization above $2 trillion for its first time.\nInitial claims for state unemployment benefits fell 7,000 to 411,000 for the week ended June 19, the Labor Department said on Thursday, but were still higher than the 380,000 that economists had forecast.\nThe Commerce Department said the economy grew at a 6.4% rate last quarter, unrevised from the estimate published in May.\nSo far this month, the S&P 500 growth index has climbed almost 4%, outperforming the value index's 2% drop.\nThe Dow Jones Industrial Average rose 0.95% to end at 34,196.82 points, while the S&P 500 gained 0.58% to 4,266.49.\nThe Nasdaq Composite climbed 0.69% to 14,369.71.\nVolume on U.S. exchanges was 9.2 billion shares, less than the 11.0 billion average over the last 20 trading days.\nThe S&P 500 technology, healthcare and communication services sector indexes hit record highs.\nSo far in 2021, the S&P 500 has gained almost 14%, beating the Nasdaq's 11% rise.\nEli Lilly and Co jumped 7.3% to a record high after the drugmaker said it would apply for the U.S. Food and Drug Administration's accelerated approval for its experimental Alzheimer's drug this year.\nIn response, Biogen Inc , which received a controversial approval for its Alzheimer's drug aducanumab earlier this month, tumbled 6.1%.\nMGM Resorts International rose 2.2% after Deutsche Bank upgraded the casino operator's stock to \"buy\" from \"hold.\"\nAccenture Plc gained 2.1% after the IT consulting firm raised its full-year revenue forecast.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.29-to-1 ratio; on Nasdaq, a 2.44-to-1 ratio favored advancers.\nThe S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 105 new highs and 27 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920649165,"gmtCreate":1670487603357,"gmtModify":1676538378664,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9920649165","repostId":"2289450690","repostType":4,"repost":{"id":"2289450690","pubTimestamp":1670513813,"share":"https://www.laohu8.com/m/news/2289450690?lang=&edition=full","pubTime":"2022-12-08 23:36","market":"other","language":"en","title":"VTI: Monetary Policy Miscalculation Remains A Risk For 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2289450690","media":"seekingalpha","summary":"OverviewThe Vanguard Total Stock Market ETF (NYSEARCA:VTI) provides exposure to large, mid, and smal","content":"<html><head></head><body><h2>Overview</h2><p>The Vanguard Total Stock Market ETF (NYSEARCA:VTI) provides exposure to large, mid, and small-cap companies diversified across growth and value. The fund seeks to track the performance of the CRSP US Total Market Index.</p><p>As of 31/10/2022, the fund was invested in 4028 different holdings which includes popular names such as Apple and Microsoft.</p><p>The fund has an expense ratio of 0.03% per annum which is remarkably cheap and a hallmark of Vanguard ETFs.</p><h2>Fund performance</h2><p>The VTI fund has returned 7.85% per annum since its inception in 2001, with a minimal index tracking error of 0.02% per annum.</p><p>Overall, the return has been lower than the S&amp;P 500 average return of 11.88% per annum since 1957. At the same time, the VTI fund is more regionally diversified than the S&amp;P 500 fund, which compensates for the lower return.</p><p>The fund’s performance can be seen below:</p><p></p><p><img src=\"https://static.tigerbbs.com/8db74116ac1f0ea11e06cd0bcb70379b\" tg-width=\"640\" tg-height=\"374\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p></p><h2>Portfolio</h2><p>The VTI fund is heavily weighted towards the Technology sector which is the largest sector exposure at 23.90%. Combined with Healthcare (14.40%) and Industrials (13.20%), these three sectors constitute more than 50% of the portfolio exposures.</p><p>On the other hand, the fund has very low exposure to Basic Materials (2.10%) and Telecommunications (2.40%) representing less than 5% of the portfolio combined.</p><p>The fund’s sector breakdown can be seen below:</p><p></p><p><img src=\"https://static.tigerbbs.com/f7f40bb479c0d021c91f16395b1b231a\" tg-width=\"640\" tg-height=\"315\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p></p><p>The fund has some large single stock exposures, notably Apple and Microsoft. These two companies are the top two holdings of the fund and make up about 10% of the portfolio combined.</p><h2>Global Economic Outlook</h2><p>The IMF recently published its world economic outlook and forecasted that global economic growth is expected to slow in 2022 and 2023.</p><p>The primary drivers behind the downbeat forecast are: the Russian invasion of Ukraine, a global cost-of-living crisis caused by inflationary pressures, and the slowdown in China.</p><p></p><p><img src=\"https://static.tigerbbs.com/209a047a818243c35e6a1faab5cee179\" tg-width=\"640\" tg-height=\"366\" referrerpolicy=\"no-referrer\"/></p><p>IMF</p><p></p><p>The IMF projects a global economic slowdown from the 2021 peak. The global economy is forecast to slow to 3.2% in 2022 and 2.7% in 2023.</p><p>The projections also caveat a 25% probability that global economic growth could fall below 2% in a worst-case scenario.</p><p>The positive from the forecast is that the global economy is still expected to grow despite the current macroeconomic environment.</p><p>The Russian invasion of Ukraine has destabilized western economies and has prompted governments to re-design their energy sourcing policies.</p><p>The re-design will take time and energy prices are expected to remain elevated during this period. The importance of energy for the global economy cannot be understated as it impacts every part of our daily lives.</p><p>According to the IMF, global inflation is forecast to reach 8.8% in 2022 and gradually decline to 6.5% in 2023 and 4.1% in 2024.</p><p>Persistent and broadening inflationary pressures have caused serious hardship for low-income households, especially in the low-income countries.</p><p>A powerful appreciation of the US dollar against other currencies has further added to the domestic inflationary pressures experienced in emerging market economies.</p><p>A strong dollar makes imports more costly, which drives prices up further.</p><p>Although inflation is expected to peak this year, the elevated price levels are not going away. Prices pressures will continue albeit at a slower rate of increase.</p><p>Increasing inflationary pressures around the world have caused a rapid and synchronized tightening of monetary policy globally to help restore price stability.</p><p>In the next section, we will look at the risk of a monetary policy miscalculation on the global economic outlook and its subsequent impact on the VTI fund.</p><h2>Monetary policy miscalculation remains a risk for 2023</h2><p>The communication coming from the major central banks around the world has showed strong determination in taming inflation and restoring financial stability.</p><p>The pace of monetary policy tightening has been quite remarkable, especially from the Federal Reserve. However, there are risks of both under and over-tightening.</p><p>Under-tightening could cause inflation to become out of control and erode central bank credibility.</p><p>Looking back in history, the risk of under-tightening can be problematic and only prolongs the inflationary period.</p><p>During the 1970s, inflation was a key economic challenge for the United States. The Federal Reserve tried to end the high levels of inflation experienced in the 1970s on multiple occasions unsuccessfully.</p><p>The Federal Reserve would always back down when complaints about the economic cost grew loud.</p><p>The risk in such a scenario is that central banks loosen monetary policy too early undermining the earlier efforts to quench inflation.</p><p>People would lose confidence in the central bank’s determination to tame inflation, which can de-anchor inflation expectations and prolong the issue.</p><p>It wasn’t until Paul Volcker became chairman of the Federal Reserve Board in 1979 that the United States was able to restore price stability.</p><p>However, it came at a great cost and Paul Volcker was vilified for years because of the steps he had to take to break the back of inflation.</p><p>During his tenure, the U.S. federal funds rate reached a peak of 20% and national unemployment rose to over 10%.</p><p></p><p><img src=\"https://static.tigerbbs.com/ac960904aee0283ab8b5fd56ad0a513e\" tg-width=\"640\" tg-height=\"412\" referrerpolicy=\"no-referrer\"/></p><p>Trading Economics</p><p>On the other hand, over-tightening risks pushing the global economy into an unnecessarily severe recession.</p><p>However, it is better to over-tighten as the risk of under-tightening is too high. Misjudging the stubbornness of persistent inflation can be detrimental to financial stability.</p><p>As economies start slowing down, there will be growing calls for a pivot towards looser monetary conditions.</p><p>However, central banks should maintain the course as history has taught us.</p><h2>Conclusion</h2><p>The risk of monetary policy miscalculation will remain a hot topic for 2023.</p><p>A monetary policy mistake will have a massive impact on the global economic outlook and eventually the VTI fund.</p><p>Investors should monitor the risk of under-tightening and re-assess their investment if a monetary policy mistake happens.</p><p>I would suggest a hold rating as the global economy is still expected to grow despite the current macroeconomic environment. However, until the risk of a monetary policy miscalculation subsides, I would not advise investing more in the VTI fund.</p></body></html>","source":"seekingalpha_fund","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>VTI: Monetary Policy Miscalculation Remains A Risk For 2023</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\">\nVTI: Monetary Policy Miscalculation Remains A Risk For 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-08 23:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562876-vti-etf-monetary-policy-miscalculation-remains-risk-2023><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OverviewThe Vanguard Total Stock Market ETF (NYSEARCA:VTI) provides exposure to large, mid, and small-cap companies diversified across growth and value. The fund seeks to track the performance of the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562876-vti-etf-monetary-policy-miscalculation-remains-risk-2023\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VTI":"大盘指数ETF-Vanguard MSCI"},"source_url":"https://seekingalpha.com/article/4562876-vti-etf-monetary-policy-miscalculation-remains-risk-2023","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289450690","content_text":"OverviewThe Vanguard Total Stock Market ETF (NYSEARCA:VTI) provides exposure to large, mid, and small-cap companies diversified across growth and value. The fund seeks to track the performance of the CRSP US Total Market Index.As of 31/10/2022, the fund was invested in 4028 different holdings which includes popular names such as Apple and Microsoft.The fund has an expense ratio of 0.03% per annum which is remarkably cheap and a hallmark of Vanguard ETFs.Fund performanceThe VTI fund has returned 7.85% per annum since its inception in 2001, with a minimal index tracking error of 0.02% per annum.Overall, the return has been lower than the S&P 500 average return of 11.88% per annum since 1957. At the same time, the VTI fund is more regionally diversified than the S&P 500 fund, which compensates for the lower return.The fund’s performance can be seen below:VanguardPortfolioThe VTI fund is heavily weighted towards the Technology sector which is the largest sector exposure at 23.90%. Combined with Healthcare (14.40%) and Industrials (13.20%), these three sectors constitute more than 50% of the portfolio exposures.On the other hand, the fund has very low exposure to Basic Materials (2.10%) and Telecommunications (2.40%) representing less than 5% of the portfolio combined.The fund’s sector breakdown can be seen below:VanguardThe fund has some large single stock exposures, notably Apple and Microsoft. These two companies are the top two holdings of the fund and make up about 10% of the portfolio combined.Global Economic OutlookThe IMF recently published its world economic outlook and forecasted that global economic growth is expected to slow in 2022 and 2023.The primary drivers behind the downbeat forecast are: the Russian invasion of Ukraine, a global cost-of-living crisis caused by inflationary pressures, and the slowdown in China.IMFThe IMF projects a global economic slowdown from the 2021 peak. The global economy is forecast to slow to 3.2% in 2022 and 2.7% in 2023.The projections also caveat a 25% probability that global economic growth could fall below 2% in a worst-case scenario.The positive from the forecast is that the global economy is still expected to grow despite the current macroeconomic environment.The Russian invasion of Ukraine has destabilized western economies and has prompted governments to re-design their energy sourcing policies.The re-design will take time and energy prices are expected to remain elevated during this period. The importance of energy for the global economy cannot be understated as it impacts every part of our daily lives.According to the IMF, global inflation is forecast to reach 8.8% in 2022 and gradually decline to 6.5% in 2023 and 4.1% in 2024.Persistent and broadening inflationary pressures have caused serious hardship for low-income households, especially in the low-income countries.A powerful appreciation of the US dollar against other currencies has further added to the domestic inflationary pressures experienced in emerging market economies.A strong dollar makes imports more costly, which drives prices up further.Although inflation is expected to peak this year, the elevated price levels are not going away. Prices pressures will continue albeit at a slower rate of increase.Increasing inflationary pressures around the world have caused a rapid and synchronized tightening of monetary policy globally to help restore price stability.In the next section, we will look at the risk of a monetary policy miscalculation on the global economic outlook and its subsequent impact on the VTI fund.Monetary policy miscalculation remains a risk for 2023The communication coming from the major central banks around the world has showed strong determination in taming inflation and restoring financial stability.The pace of monetary policy tightening has been quite remarkable, especially from the Federal Reserve. However, there are risks of both under and over-tightening.Under-tightening could cause inflation to become out of control and erode central bank credibility.Looking back in history, the risk of under-tightening can be problematic and only prolongs the inflationary period.During the 1970s, inflation was a key economic challenge for the United States. The Federal Reserve tried to end the high levels of inflation experienced in the 1970s on multiple occasions unsuccessfully.The Federal Reserve would always back down when complaints about the economic cost grew loud.The risk in such a scenario is that central banks loosen monetary policy too early undermining the earlier efforts to quench inflation.People would lose confidence in the central bank’s determination to tame inflation, which can de-anchor inflation expectations and prolong the issue.It wasn’t until Paul Volcker became chairman of the Federal Reserve Board in 1979 that the United States was able to restore price stability.However, it came at a great cost and Paul Volcker was vilified for years because of the steps he had to take to break the back of inflation.During his tenure, the U.S. federal funds rate reached a peak of 20% and national unemployment rose to over 10%.Trading EconomicsOn the other hand, over-tightening risks pushing the global economy into an unnecessarily severe recession.However, it is better to over-tighten as the risk of under-tightening is too high. Misjudging the stubbornness of persistent inflation can be detrimental to financial stability.As economies start slowing down, there will be growing calls for a pivot towards looser monetary conditions.However, central banks should maintain the course as history has taught us.ConclusionThe risk of monetary policy miscalculation will remain a hot topic for 2023.A monetary policy mistake will have a massive impact on the global economic outlook and eventually the VTI fund.Investors should monitor the risk of under-tightening and re-assess their investment if a monetary policy mistake happens.I would suggest a hold rating as the global economy is still expected to grow despite the current macroeconomic environment. However, until the risk of a monetary policy miscalculation subsides, I would not advise investing more in the VTI fund.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9081919012,"gmtCreate":1650178888554,"gmtModify":1676534664426,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081919012","repostId":"2227986989","repostType":4,"repost":{"id":"2227986989","pubTimestamp":1650153593,"share":"https://www.laohu8.com/m/news/2227986989?lang=&edition=full","pubTime":"2022-04-17 07:59","market":"us","language":"en","title":"2 Charts That Show Why It's Time to Buy the Dip in Meta Platforms' Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2227986989","media":"Motley Fool","summary":"Trading at merely 16 times free cash flow, this tech giant is a bargain buy.","content":"<html><head></head><body><p><b>Meta Platforms </b>( FB -2.24% ), formerly known as Facebook, has been treated harshly by the stock market lately. Three negative narratives drive this sentiment: Heavy investment in the metaverse, reduced ad spending, and tough competition from TikTok. Because of this, <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> stock is trading at an all-time low when valued from a price-to-free cash flow standpoint.</p><p>While these concerns are real, a ratio of 16 times free cash flow is far too low for a high-quality business like this. Investors must understand Meta Platforms&#39; risks and know how these will affect the financials.</p><p><img src=\"https://static.tigerbbs.com/398f53d1e7c68dd8da25b7202c250183\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FB Price to Free Cash Flow data by YCharts</p><h2>It&#39;s getting harder to grow revenue</h2><p>CEO and founder Mark Zuckerberg&#39;s vision for the metaverse won&#39;t be cheap. However, he is committed to bringing about this change through the company&#39;s Reality Labs division, which provides &#34;augmented and virtual reality related consumer hardware, software, and content.&#34; Meta broke out this division for the first time in the fourth quarter, and the results weren&#39;t pretty. In 2021, the division lost $10.2 billion on revenue of $2.3 billion. It&#39;s also not slowing down on expenses. In 2021, Meta spent $71 billion on operating expenses, but management is guiding for $90 billion to $95 billion in 2022.</p><p>Revenue is expected to be negatively affected by recent iOS privacy changes from<b> Apple</b>. This has caused Meta customers to see a lower return on investment (ROI) for their ad campaigns. Meta claimed in the Q4 conference call that the changes disproportionately affect smaller businesses. With less successful advertisements, companies reduce their budgets and focus on other areas.</p><p><img src=\"https://static.tigerbbs.com/90028667ee7c0da172cd55cab6dcb759\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><p>Meta is also worried about ByteDance&#39;s TikTok social media app. While Facebook announced Reels to offer a similar product and effectively compete, TikTok is still capturing a large chunk of the social media market share. For the first time ever as a public company, Facebook&#39;s daily active users fell from the previous quarter.</p><p>With rising costs, revenue growth pressures, and a strong competitor, the future looks grim for Meta Platforms.</p><h2>Valuations suggest this stock is a bargain</h2><p>Are these concerns truly valid? After all, Meta Platforms is still the most dominant social media company and is highly profitable. Management also expects revenue growth of 3% to 11% for Q1, and investors will find out on April 27 if Meta hit that guidance.</p><p>If Meta can reach the top end of the revenue guidance and continue with 30% expense growth, the company will still be cheaply valued. In 2021, Meta Platforms produced $38.4 billion in free cash flow (FCF) on revenue of $118 billion, an impressive 33% margin. If sales grow 10% for the year and its FCF margin is affected by the $21.5 billion in increased operating costs, the company could generate $35.2 billion in free cash flow.</p><p>With no stock price appreciation, this would value the stock at 17.2 times 2022 free cash flow. This valuation is still lower than it&#39;s been at any time Meta&#39;s been a public company and is cheap compared to other companies in the market.</p><p><img src=\"https://static.tigerbbs.com/86b9f60c56d84ce72690d3a38faf1606\" tg-width=\"720\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FB Price to Free Cash Flow data by YCharts</p><p>To add another factor to Meta&#39;s value proposition, it has been aggressively repurchasing shares. Doing this, it is making each share more valuable by retiring old shares. This catalyst will further decrease its valuation by reducing the number of shares outstanding. With Meta repurchasing more than $44 billion in stock last year, the company could repeat that program in 2022 and lower shares outstanding by about 7%.</p><h2>When is the best time to buy?</h2><p>Meta Platforms may be facing some headwinds, but the company is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most financially powerful in the world, with solid cash flow generation and more than $44 billion in cash with no debt on the balance sheet. The market doesn&#39;t leave bargains around like this very often, and investors should act accordingly. Alternatively, you could also wait until Q1 earnings are reported on April 27, but any positive news will likely send this stock soaring, as it has only experienced negative headlines recently.</p></body></html>","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 Charts That Show Why It's Time to Buy the Dip in Meta Platforms' Stock</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 Charts That Show Why It's Time to Buy the Dip in Meta Platforms' Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-17 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/16/why-its-time-to-buy-the-dip-meta-platforms/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meta Platforms ( FB -2.24% ), formerly known as Facebook, has been treated harshly by the stock market lately. Three negative narratives drive this sentiment: Heavy investment in the metaverse, ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/16/why-its-time-to-buy-the-dip-meta-platforms/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4503":"景林资产持仓","BK4553":"喜马拉雅资本持仓","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4524":"宅经济概念","BK4508":"社交媒体","BK4525":"远程办公概念","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4573":"虚拟现实","BK4077":"互动媒体与服务","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4581":"高盛持仓","BK4554":"元宇宙及AR概念","BK4566":"资本集团"},"source_url":"https://www.fool.com/investing/2022/04/16/why-its-time-to-buy-the-dip-meta-platforms/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2227986989","content_text":"Meta Platforms ( FB -2.24% ), formerly known as Facebook, has been treated harshly by the stock market lately. Three negative narratives drive this sentiment: Heavy investment in the metaverse, reduced ad spending, and tough competition from TikTok. Because of this, Meta Platforms stock is trading at an all-time low when valued from a price-to-free cash flow standpoint.While these concerns are real, a ratio of 16 times free cash flow is far too low for a high-quality business like this. Investors must understand Meta Platforms' risks and know how these will affect the financials.FB Price to Free Cash Flow data by YChartsIt's getting harder to grow revenueCEO and founder Mark Zuckerberg's vision for the metaverse won't be cheap. However, he is committed to bringing about this change through the company's Reality Labs division, which provides \"augmented and virtual reality related consumer hardware, software, and content.\" Meta broke out this division for the first time in the fourth quarter, and the results weren't pretty. In 2021, the division lost $10.2 billion on revenue of $2.3 billion. It's also not slowing down on expenses. In 2021, Meta spent $71 billion on operating expenses, but management is guiding for $90 billion to $95 billion in 2022.Revenue is expected to be negatively affected by recent iOS privacy changes from Apple. This has caused Meta customers to see a lower return on investment (ROI) for their ad campaigns. Meta claimed in the Q4 conference call that the changes disproportionately affect smaller businesses. With less successful advertisements, companies reduce their budgets and focus on other areas.Image source: Getty Images.Meta is also worried about ByteDance's TikTok social media app. While Facebook announced Reels to offer a similar product and effectively compete, TikTok is still capturing a large chunk of the social media market share. For the first time ever as a public company, Facebook's daily active users fell from the previous quarter.With rising costs, revenue growth pressures, and a strong competitor, the future looks grim for Meta Platforms.Valuations suggest this stock is a bargainAre these concerns truly valid? After all, Meta Platforms is still the most dominant social media company and is highly profitable. Management also expects revenue growth of 3% to 11% for Q1, and investors will find out on April 27 if Meta hit that guidance.If Meta can reach the top end of the revenue guidance and continue with 30% expense growth, the company will still be cheaply valued. In 2021, Meta Platforms produced $38.4 billion in free cash flow (FCF) on revenue of $118 billion, an impressive 33% margin. If sales grow 10% for the year and its FCF margin is affected by the $21.5 billion in increased operating costs, the company could generate $35.2 billion in free cash flow.With no stock price appreciation, this would value the stock at 17.2 times 2022 free cash flow. This valuation is still lower than it's been at any time Meta's been a public company and is cheap compared to other companies in the market.FB Price to Free Cash Flow data by YChartsTo add another factor to Meta's value proposition, it has been aggressively repurchasing shares. Doing this, it is making each share more valuable by retiring old shares. This catalyst will further decrease its valuation by reducing the number of shares outstanding. With Meta repurchasing more than $44 billion in stock last year, the company could repeat that program in 2022 and lower shares outstanding by about 7%.When is the best time to buy?Meta Platforms may be facing some headwinds, but the company is one of the most financially powerful in the world, with solid cash flow generation and more than $44 billion in cash with no debt on the balance sheet. The market doesn't leave bargains around like this very often, and investors should act accordingly. Alternatively, you could also wait until Q1 earnings are reported on April 27, but any positive news will likely send this stock soaring, as it has only experienced negative headlines recently.","news_type":1},"isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010626734,"gmtCreate":1648361523430,"gmtModify":1676534331528,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010626734","repostId":"2221071429","repostType":4,"repost":{"id":"2221071429","pubTimestamp":1648343569,"share":"https://www.laohu8.com/m/news/2221071429?lang=&edition=full","pubTime":"2022-03-27 09:12","market":"us","language":"en","title":"Alphabet Vs. Meta: One Is The Much Better Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2221071429","media":"seekingalpha","summary":"FotoMaximum/iStock via Getty ImagesAlphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are fa","content":"<html><head></head><body><p></p><p><img src=\"https://static.tigerbbs.com/f8682b68644fb0e700ccf73bfd598736\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FotoMaximum/iStock via Getty Images</p><p></p><p>Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are famous for enriching millions of investors over the last eight years.</p><p><b> Alphabet And Meta Returns Since 2013</b></p><p></p><p><img src=\"https://static.tigerbbs.com/c7de1c1120c62c3dad9c49e5d4e5a134\" tg-width=\"640\" tg-height=\"112\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Portfolio Visualizer Premium</p><p></p><p>In fact, both have crushed even the red hot Nasdaq during <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the hottest tech bull runs in US history, delivering Buffett-like 25% returns that resulted in an 8X return.</p><p></p><p><img src=\"https://static.tigerbbs.com/ad549342543f2ced891f57b6c43bb4fd\" tg-width=\"640\" tg-height=\"388\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Ycharts</p><p></p><p>While the market is currently in a correction, and growth stocks have been especially hard hit, Meta has been crushed, falling into a 50% bear market.</p><p>I&#39;ve bought both growth legends in this correction, but one is a core growth name in my correction plan, and the other is a non-core holding.</p><p>So let me explain why both Meta and Alphabet are great companies, worth owning, and even buying more of right now.</p><p>However, a careful examination of both of their fundamentals makes it clear that Alphabet is the global king of digital marketing, and this is likely to remain the case for the foreseeable future.</p><h2>The Challenge Facing Digital Marketers Right Now</h2><p></p><p><img src=\"https://static.tigerbbs.com/a556ac1fd6482c83da2db4af6d5b7540\" tg-width=\"640\" tg-height=\"637\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>eMarketer</p><p></p><p>GOOG, FB, and Amazon (AMZN) have a triopoly on US digital marketing, commanding an estimated 65% of the market.</p><p>Both GOOG and FB are losing market share to AMZN because Amazon&#39;s ads are 3X as effective at converting to actual sales.</p><p>That&#39;s because Amazon has spent decades gathering customer sales data and knows what its customers want better than anyone on earth.</p><p>Apple&#39;s (AAPL) recent privacy shift in iOS, makes it much easier to opt out of data tracking, and 62% of iPhone users have indeed opted out.</p><p>This has proven a hammer blow to FB, which management says could cost it $10 billion in 2022 alone.</p><p>GOOG is less at risk since it still has the search data it can use to optimize for targeted ads.</p><p>AMZN is the least at risk since it relies far less on cookie tracking than its rivals.</p><p>This kind of business model disruption is part of FB and GOOG&#39;s risk profile, which brings us to our first point of comparison.</p><h2>Long-Term Risk Management: Winner Alphabet</h2><p>How do we quantify, monitor, and track such a complex risk profile? By doing what big institutions do.</p><h2>Material Financial ESG Risk Analysis: How Large Institutions Measure Total Risk</h2><ul><li>4 Things You Need To Know To Profit From ESG Investing</li><li>What Investors Need To Know About Company Long-Term Risk Management (Video)</li></ul><p>Here is a special report that outlines the most important aspects of understanding long-term ESG financial risks for your investments.</p><ul><li>ESG is NOT &#34;political or personal ethics based investing&#34;</li><li>it&#39;s total long-term risk management analysis</li></ul><blockquote><i><b>ESG is just normal risk by another name.</b></i><i>&#34; Simon MacMahon, head of ESG and corporate governance research, Sustainalytics&#34; - Morningstar</i></blockquote><blockquote><i>ESG factors are taken into consideration, alongside all other credit factors, when we consider they are relevant to and have or may have a material influence on creditworthiness.&#34; - S&amp;P</i></blockquote><p>ESG is a measure of risk, not of ethics, political correctness, or personal opinion.</p><p>S&amp;P, Fitch, Moody&#39;s, DBRS (Canadian rating agency), AMBest (insurance rating agency), R&amp;I Credit Rating (Japanese rating agency), and the Japan Credit Rating Agency <b>have been using ESG models in their credit ratings for decades.</b></p><ul><li><b>every credit rating for the last 30 years has included these risk models, you just weren&#39;t aware of it </b></li><li>credit and risk management ratings make up 41% of the DK safety and quality model</li><li>dividend/balance sheet/risk ratings make up 82% of the DK safety and quality model</li></ul><p>Every major financial institution also tracks long-term risk management and considers it essential to sound long-term investing including,</p><ul><li>BlackRock</li><li>MSCI</li><li>JPMorgan</li><li>Wells Fargo</li><li>Bank of America</li><li>Deutsche Bank</li><li>virtually every major financial institution in the world</li></ul><p>We use six rating agencies to get a consensus risk management percentile, comparing how well a company manages its risk relative to its peers.</p><p>For context:</p><ul><li>master list average: 62nd percentile</li><li>dividend kings: 63rd percentile</li><li>dividend aristocrats: 67th percentile</li><li>Ultra SWANs: 71st percentile</li></ul><p>The better a company&#39;s risk management consensus the more likely it will be able to adapt to challenges to its business model, as we&#39;re seeing now with GOOG and FB.</p><h4>Meta Long-Term Risk-Management Consensus</h4><table><colgroup></colgroup><tbody><tr><td><b>Rating Agency</b></td><td><b>Industry Percentile</b></td><td><p><b>Rating Agency Classification</b></p></td></tr><tr><td>MSCI 37 Metric Model</td><td>26.0%</td><td><p>B Industry Laggard, Negative Trend</p></td></tr><tr><td>Morningstar/Sustainalytics 20 Metric Model</td><td>0.7%</td><td><p>32.4/100 High-Risk</p></td></tr><tr><td>Reuters&#39;/Refinitiv 500+ Metric Model</td><td>88.9%</td><td>Good</td></tr><tr><td>S&amp;P 1,000+ Metric Model</td><td>18.0%</td><td><p>Very Poor- Stable Trend</p></td></tr><tr><td>Just Capital 19 Metric Model</td><td>50.0%</td><td>Average</td></tr><tr><td>FactSet</td><td>30.0%</td><td><p>Below-Average Stable Trend</p></td></tr><tr><td>Morningstar Global Percentile</td><td>30.6%</td><td>Below-Average</td></tr><tr><td>Just Capital Global Percentile</td><td>25.4%</td><td>Poor</td></tr><tr><td><b>Consensus</b></td><td><b>33.7%</b></td><td><p><b>Below-Average (verging on poor) - medium risk</b></p></td></tr></tbody></table><p><i>(Sources: MSCI, Morningstar, Reuters&#39;, Just Capital, S&amp;P, FactSet Research)</i></p><p>The rating agency consensus is that FB is below-average at managing its risk, verging on poor.</p><p>Now contrast that with GOOG.</p><h4>Alphabet Long-Term Risk-Management Consensus</h4><table><colgroup></colgroup><tbody><tr><td><b>Rating Agency</b></td><td><b>Industry Percentile</b></td><td><p><b>Rating Agency Classification</b></p></td></tr><tr><td>MSCI 37 Metric Model</td><td>53.0%</td><td><p>BBB Average, Negative Trend</p></td></tr><tr><td>Morningstar/Sustainalytics 20 Metric Model</td><td>39.7%</td><td><p>24.3/100 Medium-Risk</p></td></tr><tr><td>Reuters&#39;/Refinitiv 500+ Metric Model</td><td>85.88%</td><td>Good</td></tr><tr><td>S&amp;P 1,000+ Metric Model</td><td>47.0%</td><td><p>Average- Positive Trend</p></td></tr><tr><td>Just Capital 19 Metric Model</td><td>100.00%</td><td><p>#1 Industry Leader</p></td></tr><tr><td>FactSet</td><td>30.0%</td><td><p>Below-Average Stable Trend</p></td></tr><tr><td>Morningstar Global Percentile</td><td>60.88</td><td>Above-Average</td></tr><tr><td>Just Capital Global Percentile</td><td>100%</td><td><p>#1 Industry Leader, #1 Company In America</p></td></tr><tr><td><b>Consensus</b></td><td><b>64.6%</b></td><td><b>Above-Average - low risk </b></td></tr></tbody></table><p><i>(Sources: MSCI, Morningstar, Reuters&#39;, Just Capital, S&amp;P, FactSet Research)</i></p><p>GOOG doesn&#39;t just manage its long-term risk better than FB, it&#39;s beating FB by 31%.</p><ul><li>far more likely to successfully deal with privacy policy shifts, regulators, and every other major risk to its business model</li></ul><p>And risk-management isn&#39;t the only factor in which GOOG outshines FB by a wide margin.</p><h2>Overall Quality: Winner, Alphabet</h2><p>The Dividend King&#39;s overall quality scores are based on a 241 point model that includes:</p><ul><li><p>dividend safety</p></li><li><p>balance sheet strength</p></li><li><p>credit ratings</p></li><li><p>credit default swap medium-term bankruptcy risk data</p></li><li><p>short and long-term bankruptcy risk</p></li><li><p>accounting and corporate fraud risk</p></li><li><p>profitability and business model</p></li><li><p>growth consensus estimates</p></li><li><p>management growth guidance</p></li><li><p>historical earnings growth rates</p></li><li><p>historical cash flow growth rates</p></li><li><p>historical dividend growth rates</p></li><li><p>historical sales growth rates</p></li><li><p>cost of capital</p></li><li><p>long-term risk-management scores from MSCI, Morningstar, FactSet, S&amp;P, Reuters&#39;/Refinitiv, and Just Capital</p></li><li><p>management quality</p></li><li><p>dividend friendly corporate culture/income dependability</p></li><li><p>long-term total returns (a Ben Graham sign of quality)</p></li><li><p>analyst consensus long-term return potential</p></li></ul><p>It actually includes over 1,000 metrics if you count everything factored in by 12 rating agencies we use to assess fundamental risk.</p><ul><li><p>credit and risk management ratings make up 41% of the DK safety and quality model</p></li><li><p>dividend/balance sheet/risk ratings make up 82% of the DK safety and quality model</p></li></ul><p>How do we know that our safety and quality model works well?</p><p>During the two worst recessions in 75 years, our safety model predicted 87% of blue-chip dividend cuts during the ultimate baptism by fire for any dividend safety model.</p><p>That&#39;s because we don&#39;t miss anything important about a company&#39;s fundamental safety and quality.</p><p>So how do GOOG and FB stack up on one of the world&#39;s most comprehensive and accurate safety and quality models?</p><h2>Meta: A Speculative 11/19 Quality Blue-Chip</h2><p><b>Meta Balance Sheet Safety</b></p><table><colgroup></colgroup><tbody><tr><td><b>Rating</b></td><td><b>Dividend Kings Safety Score (151 Point Safety Model)</b></td><td><b>Approximate Dividend Cut Risk (Average Recession)</b></td><td><p><b>Approximate Dividend Cut Risk In Pandemic Level Recession</b></p></td></tr><tr><td>1 - unsafe</td><td>0% to 20%</td><td>over 4%</td><td>16+%</td></tr><tr><td>2- below average</td><td>21% to 40%</td><td>over 2%</td><td>8% to 16%</td></tr><tr><td>3 - average</td><td>41% to 60%</td><td>2%</td><td>4% to 8%</td></tr><tr><td>4 - safe</td><td>61% to 80%</td><td>1%</td><td>2% to 4%</td></tr><tr><td>5- very safe</td><td>81% to 100%</td><td>0.5%</td><td>1% to 2%</td></tr><tr><td><b>FB</b></td><td><b>100%</b></td><td><b>NA</b></td><td><b>NA</b></td></tr><tr><td>Risk Rating</td><td>Medium Risk (34th industry percentile risk-management consensus)</td><td>Effective AAA stable outlook credit rating 0.07% 30-year bankruptcy risk</td><td>2.5% OR LESS Max Risk Cap Recommendation - speculative, turnaround stock</td></tr></tbody></table><p><b>Long-Term Dependability</b></p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>DK Long-Term Dependability Score</b></td><td><b>Interpretation</b></td><td><b>Points</b></td></tr><tr><td>Non-Dependable Companies</td><td>21% or below</td><td>Poor Dependability</td><td>1</td></tr><tr><td>Low Dependability Companies</td><td>22% to 60%</td><td>Below-Average Dependability</td><td>2</td></tr><tr><td>S&amp;P 500/Industry Average</td><td>61% (58% to 70% range)</td><td>Average Dependability</td><td>3</td></tr><tr><td>Above-Average</td><td>71% to 80%</td><td>Very Dependable</td><td>4</td></tr><tr><td>Very Good</td><td>81% or higher</td><td>Exceptional Dependability</td><td>5</td></tr><tr><td><b>FB</b></td><td><b>67%</b></td><td><b>Average Dependability</b></td><td><b>3</b></td></tr></tbody></table><p><b>Overall Quality</b></p><table><colgroup></colgroup><tbody><tr><td><b>FB</b></td><td><b>Final Score</b></td><td><b>Rating</b></td></tr><tr><td>Safety</td><td>100%</td><td>5/5 very safe</td></tr><tr><td>Business Model</td><td>100%</td><td>3/3 wide moat</td></tr><tr><td>Dependability</td><td>67%</td><td>3/5 average dependability</td></tr><tr><td><b>Total</b></td><td><b>84%</b></td><td><b>11/13 Speculative Blue-Chip</b></td></tr><tr><td>Risk Rating</td><td><p>2/3 Medium Risk</p></td><td></td></tr><tr><td>2.5% OR LESS Max Risk Cap Rec - speculative, turnaround stock</td><td><p>20% Margin of Safety For A Potentially Good Buy</p></td><td></td></tr></tbody></table><p>And here&#39;s GOOG.</p><h2>Alphabet: A 13/13 Quality Ultra SWAN</h2><p><b>Alphabet Balance Sheet Safety</b></p><table><colgroup></colgroup><tbody><tr><td><b>Rating</b></td><td><b>Dividend Kings Safety Score (151 Point Safety Model)</b></td><td><b>Approximate Dividend Cut Risk (Average Recession)</b></td><td><p><b>Approximate Dividend Cut Risk In Pandemic Level Recession</b></p></td></tr><tr><td>1 - unsafe</td><td>0% to 20%</td><td>over 4%</td><td>16+%</td></tr><tr><td>2- below average</td><td>21% to 40%</td><td>over 2%</td><td>8% to 16%</td></tr><tr><td>3 - average</td><td>41% to 60%</td><td>2%</td><td>4% to 8%</td></tr><tr><td>4 - safe</td><td>61% to 80%</td><td>1%</td><td>2% to 4%</td></tr><tr><td>5- very safe</td><td>81% to 100%</td><td>0.5%</td><td>1% to 2%</td></tr><tr><td><b>GOOG</b></td><td><b>100%</b></td><td><b>NA</b></td><td><b>NA</b></td></tr><tr><td>Risk Rating</td><td>Low Risk (65th industry percentile risk-management consensus)</td><td>AA+ stable outlook credit rating 0.29% 30-year bankruptcy risk</td><td>20% OR LESS Max Risk Cap Recommendation</td></tr></tbody></table><p><b>Long-Term Dependability</b></p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>DK Long-Term Dependability Score</b></td><td><b>Interpretation</b></td><td><b>Points</b></td></tr><tr><td>Non-Dependable Companies</td><td>21% or below</td><td>Poor Dependability</td><td>1</td></tr><tr><td>Low Dependability Companies</td><td>22% to 60%</td><td>Below-Average Dependability</td><td>2</td></tr><tr><td>S&amp;P 500/Industry Average</td><td>61% (58% to 70% range)</td><td>Average Dependability</td><td>3</td></tr><tr><td>Above-Average</td><td>71% to 80%</td><td>Very Dependable</td><td>4</td></tr><tr><td>Very Good</td><td>81% or higher</td><td>Exceptional Dependability</td><td>5</td></tr><tr><td><b>GOOG</b></td><td><b>89%</b></td><td><b>Exceptional Dependability</b></td><td><b>5</b></td></tr></tbody></table><p><b>Overall Quality</b></p><table><colgroup></colgroup><tbody><tr><td><b>GOOG</b></td><td><b>Final Score</b></td><td><b>Rating</b></td></tr><tr><td>Safety</td><td>100%</td><td>5/5 very safe</td></tr><tr><td>Business Model</td><td>100%</td><td>3/3 wide moat</td></tr><tr><td>Dependability</td><td>89%</td><td>5/5 exceptional</td></tr><tr><td><b>Total</b></td><td><b>95%</b></td><td><b>13/13 Ultra SWAN</b></td></tr><tr><td>Risk Rating</td><td>3/3 Low Risk</td><td></td></tr><tr><td>20% OR LESS Max Risk Cap Rec</td><td><p>5% Margin of Safety For A Potentially Good Buy</p></td><td></td></tr></tbody></table><ul><li>Meta: 114th highest quality company on the Masterlist: 78th percentile</li><li>Alphabet: 39th highest quality: 92nd percentile</li></ul><p>Both companies are exceptionally high quality given that our company database is one of the best in the world.</p><p>The DK 500 Master List includes the world&#39;s highest quality companies including:</p><ul><li><p>All dividend champions</p></li><li><p>All dividend aristocrats</p></li><li><p>All dividend kings</p></li><li><p>All global aristocrats (such as BTI, ENB, and NVS)</p></li><li><p>All 13/13 Ultra Swans (as close to perfect quality as exists on Wall Street)</p></li><li>48 of the world&#39;s best growth stocks (on its way to 100)</li></ul><p>But when it comes to overall quality, factoring in over 1,000 fundamental metrics, the winner is clearly once more Alphabet.</p><p>Why is GOOG the hands-down winner in this quality fight with FB?</p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>Quality Rating (out Of 13)</b></td><td><b>Quality Score (Out Of 100)</b></td><td><b>Dividend/Balance Sheet Safety Rating (out of 5)</b></td><td><b>Safety Score (Out Of 100)</b></td><td><b>Dependability Rating (Out Of 5)</b></td><td><b>Dependability Score (out Of 100)</b></td></tr><tr><td><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a></td><td>11 Speculative Blue-Chip</td><td>84%</td><td>5 Very Safe</td><td>100%</td><td>3 average</td><td>67%</td></tr><tr><td>Alphabet</td><td>13 Ultra SWAN</td><td>95%</td><td>5 Very Safe</td><td>100%</td><td>5 exceptional</td><td>89%</td></tr></tbody></table><p><i>(Source: DK Research Terminal)</i></p><p>Both FB and Meta have exceptionally strong balance sheets, making the risk of bankruptcy as close to zero as you can find on Wall Street.</p><h4>Alphabet&#39;s Balance Sheet: AA+ Rated By S&amp;P</h4><p></p><p><img src=\"https://static.tigerbbs.com/a13f13c309fa748452dfea0afb27ebdf\" tg-width=\"491\" tg-height=\"373\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>GuruFocus Premium</p><p></p><p>GOOG has $140 billion in cash and just $13 billion in debt.</p><p>Its advanced accounting metrics (F, Z, and M-score) are exceptional.</p><ul><li>F-score is a measure of short-term bankruptcy risk</li><li>4+ is safe, 7+ very safe and GOOG&#39;s is 8</li><li>M-score is 84% to 92% accurate at forecasting long-term bankruptcies</li><li>1.81+ is safe, 3+ is very safe and GOOG&#39;s is 13.04</li><li>M-score is 76% accurate at catching accounting fraud, and 82.5% accurate at finding companies with honest accounting</li><li>-1.78 or lower is safe and GOOG&#39;s is -2.48</li></ul><h4>Meta&#39;s Balance Sheet: Effectively AAA</h4><p></p><p><img src=\"https://static.tigerbbs.com/68209d14c736c8328e46572200e82060\" tg-width=\"487\" tg-height=\"373\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>GuruFocus Premium</p><p></p><p>The only &#34;debt&#34; Meta has is receivables, it actually carries no long-term debt.</p><p>That is why it&#39;s the largest company on earth that doesn&#39;t pay the $500K per year for a credit rating.</p><p>However, given its current and historical advanced credit metrics, as well as its exceptionally strong solvency ratios (current ratio, quick ratio, and cash ratios), I&#39;m highly confident that it would be AAA-rated.</p><ul><li>because it&#39;s literally not possible for FB to default on debt it doesn&#39;t have</li></ul><table><colgroup></colgroup><tbody><tr><td><b>Credit Rating</b></td><td><b>30-Year Bankruptcy Probability</b></td></tr><tr><td>AAA (Meta)</td><td>0.07%</td></tr><tr><td>AA+ (Alphabet)</td><td>0.29%</td></tr><tr><td>AA</td><td>0.51%</td></tr><tr><td>AA-</td><td>0.55%</td></tr><tr><td>A+</td><td>0.60%</td></tr><tr><td>A</td><td>0.66%</td></tr><tr><td>A-</td><td>2.5%</td></tr><tr><td>BBB+</td><td>5%</td></tr><tr><td>BBB</td><td>7.5%</td></tr><tr><td>BBB-</td><td>11%</td></tr><tr><td>BB+</td><td>14%</td></tr><tr><td>BB</td><td>17%</td></tr><tr><td>BB-</td><td>21%</td></tr><tr><td>B+</td><td>25%</td></tr><tr><td>B</td><td>37%</td></tr><tr><td>B-</td><td>45%</td></tr><tr><td>CCC+</td><td>52%</td></tr><tr><td>CCC</td><td>59%</td></tr><tr><td>CCC-</td><td>65%</td></tr><tr><td>CC</td><td>70%</td></tr><tr><td>C</td><td>80%</td></tr><tr><td>D</td><td>100%</td></tr></tbody></table><p><i>(Sources: S&amp;P, University of St. Petersberg)</i></p><p>This means the fundamental risk of losing all your money over the next 30 years buying FB or GOOG today is approximately</p><ul><li>1 in 1,429 for FB</li><li>1 in 345 for GOOG</li></ul><p>And both companies&#39; balance sheets are expected to keep getting stronger over time.</p><p><b>Alphabet: Consensus $441 Billion In Net Cash By 2027 </b></p><p></p><p><img src=\"https://static.tigerbbs.com/76c3a6843c329c2b16d3839e0e124674\" tg-width=\"640\" tg-height=\"308\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p><b>Meta: Consensus $71 Billion In Net Cash By 2027</b></p><p></p><p><img src=\"https://static.tigerbbs.com/ec44680d5d8318ba8ed74d4b40ae28e9\" tg-width=\"640\" tg-height=\"268\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p>Now let&#39;s consider profitability, Wall Street&#39;s favorite quality proxy.</p><h2>Profitability: Winner, Meta By A Small Amount</h2><p><b>Meta Profitability Vs Peers</b></p><p></p><p><img src=\"https://static.tigerbbs.com/9e2b501a3cd5bb6da5299422362bed67\" tg-width=\"486\" tg-height=\"342\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Gurufocus Premium</p><p></p><p><b>Alphabet Profitability Vs Peers</b></p><p></p><p><img src=\"https://static.tigerbbs.com/926a2ab456d218b3ef8cd49552df5565\" tg-width=\"488\" tg-height=\"345\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Gurufocus Premium</p><p></p><p>Both companies are profit-minting machines.</p><p></p><p><img src=\"https://static.tigerbbs.com/673b7f04eadaf433b4fe704dda171180\" tg-width=\"640\" tg-height=\"391\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Ycharts</p><p></p><p>These are two of the most profitable companies on earth, and their industry-leading profitability has been stable or improving for over a decade, confirming a wide and stable moat.</p><p></p><p><img src=\"https://static.tigerbbs.com/9a1b491d8a76dd73ddc3b2ea13e999c8\" tg-width=\"640\" tg-height=\"187\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p>FB&#39;s free cash flow is expected to keep growing and reach $77 billion in 2027.</p><p>This is expected to result in impressive buybacks in the coming years.</p><ul><li>$219 billion in consensus buybacks through 2027</li><li>38% of shares at current valuations</li></ul><p></p><p><img src=\"https://static.tigerbbs.com/93f9e72220887060384ea19dc975503c\" tg-width=\"640\" tg-height=\"165\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FactSet Research Terminal</p><p></p><p>GOOG&#39;s annual free cash flow is expected to grow to $139 billion in 2027, allowing it to undertake even more impressive buybacks.</p><ul><li>$380 billion in consensus buybacks through 2027</li><li>21% of shares at current valuations</li></ul><p>Now let&#39;s consider one important profitability metric in particular.</p><p>Return on capital or ROC is Joel Greenblatt&#39;s gold standard proxy for quality and moatiness.</p><p>ROC = pre-tax profit/operating capital (the money it takes to run the business).</p><ul><li>S&amp;P 500&#39;s average in 2021 was 14.6% (average investment pays for itself in 7 years)</li></ul><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>ROC (Greenblatt)</b></td><td><b>ROC Industry Percentile</b></td><td><b>13-Year Median ROC</b></td><td><b>5-Year ROC Trend (OTC:CAGR)</b></td></tr><tr><td>Meta Platforms</td><td>74%</td><td>65%</td><td>95%</td><td>-16%</td></tr><tr><td>Alphabet</td><td>87%</td><td>67%</td><td>74%</td><td>-7%</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>In the past year, GOOG&#39;s return on capital was higher than FB&#39;s and it&#39;s also above its 13-year median indicating a more stable moat.</p><p>In other words, when it comes to profitability, FB edges out GOOG by a small amount, except in terms of return on capital, where it&#39;s once more the winner.</p><h2>Valuation: Winner, Meta</h2><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>Average Fair Value</b></td><td><b>Current Price</b></td><td><b>Discount To Fair Value</b></td><td><b>DK Rating</b></td><td><b>PE 2022</b></td><td><b>PEG 2022</b></td></tr><tr><td>Meta Platforms</td><td>$265.75</td><td>$214.35</td><td>19.6%</td><td>Potentially Reasonable Buy</td><td>17.19</td><td>1.49</td></tr><tr><td>Alphabet</td><td>$3,161.89</td><td>$2,771.92</td><td>12.3%</td><td>Potentially Good Buy</td><td>23.51</td><td>1.67</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>FB is trading at a slightly lower valuation and a higher margin of safety, though not quite high enough for me to consider it a good buy.</p><ul><li>20% discount is needed to make FB a potentially good buy given its lower quality and risk profile</li></ul><p>If we back out cash we see that FB is once more the more undervalued company.</p><ul><li>FB EV/EBITDA: 9.5</li><li>GOOG EV/EBITDA: 14.5</li></ul><p>However, both companies are trading at highly attractive valuations.</p><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>12-Month Consensus Total Return Potential</b></td><td><b>12-Month Fundamentally Justified Upside Total Return Potential</b></td></tr><tr><td>Meta Platforms</td><td>48.47%</td><td>23.98%</td></tr><tr><td>Alphabet</td><td>25.77%</td><td>14.11%</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>This is why analysts expect both to deliver very strong returns, though FB potentially much more than GOOG.</p><p>Of course, what happens in the next year doesn&#39;t matter as much as the kind of returns both companies can deliver over the long-term.</p><h2>Long-Term Total Return Potential: Winner, Alphabet</h2><table><colgroup></colgroup><tbody><tr><td><b>Company</b></td><td><b>Yield</b></td><td><b>FactSet Long-Term Consensus Growth Rate</b></td><td><b>LT Consensus Total Return Potential</b></td><td><b>Risk-Adjusted Expected Return</b></td></tr><tr><td>Meta Platforms</td><td>0.00%</td><td>11.5%</td><td>11.5%</td><td>8.1%</td></tr><tr><td>Alphabet</td><td>0.00%</td><td>14.1%</td><td>14.1%</td><td>9.9%</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>GOOG is expected to grow significantly faster than FB over time, resulting in far better long-term returns.</p><table><colgroup></colgroup><tbody><tr><td><b>Investment Strategy</b></td><td><b>Yield</b></td><td><b>LT Consensus Growth</b></td><td><b>LT Consensus Total Return Potential</b></td><td><b>Long-Term Risk-Adjusted Expected Return</b></td><td><b>Long-Term Inflation And Risk-Adjusted Expected Returns</b></td><td><b>Years To Double Your Inflation &amp; Risk-Adjusted Wealth</b></td><td><p><b>10 Year Inflation And Risk-Adjusted Return</b></p></td></tr><tr><td>Europe</td><td>2.6%</td><td>12.8%</td><td>15.4%</td><td>10.7%</td><td>8.6%</td><td>8.4</td><td>2.27</td></tr><tr><td>Value</td><td>2.1%</td><td>12.1%</td><td>14.1%</td><td>9.9%</td><td>7.7%</td><td>9.3</td><td>2.10</td></tr><tr><td><b>Alphabet</b></td><td><b>0.0%</b></td><td><b>14.1%</b></td><td><b>14.1%</b></td><td><b>9.9%</b></td><td><b>7.7%</b></td><td><b>9.4</b></td><td>2.10</td></tr><tr><td>High-Yield</td><td>2.8%</td><td>11.3%</td><td>14.1%</td><td>9.9%</td><td>7.7%</td><td>9.4</td><td>2.10</td></tr><tr><td>High-Yield + Growth</td><td>1.7%</td><td>11.0%</td><td>12.7%</td><td>8.9%</td><td>6.7%</td><td>10.8</td><td>1.91</td></tr><tr><td>Safe Midstream + Growth</td><td>3.3%</td><td>8.5%</td><td>11.8%</td><td>8.3%</td><td>6.1%</td><td>11.8</td><td>1.80</td></tr><tr><td><b>Meta</b></td><td><b>0.0%</b></td><td><b>11.50%</b></td><td><b>11.5%</b></td><td><b>8.1%</b></td><td><b>5.9%</b></td><td><b>12.3</b></td><td>1.77</td></tr><tr><td>Nasdaq (Growth)</td><td>0.8%</td><td>10.7%</td><td>11.5%</td><td>8.1%</td><td>5.9%</td><td>12.3</td><td>1.77</td></tr><tr><td>Safe Midstream</td><td>5.5%</td><td>6.0%</td><td>11.5%</td><td>8.1%</td><td>5.9%</td><td>12.3</td><td>1.77</td></tr><tr><td>Dividend Aristocrats</td><td>2.2%</td><td>8.9%</td><td>11.1%</td><td>7.8%</td><td>5.6%</td><td>12.9</td><td>1.72</td></tr><tr><td>REITs + Growth</td><td>1.8%</td><td>8.9%</td><td>10.6%</td><td>7.4%</td><td>5.2%</td><td>13.7</td><td>1.67</td></tr><tr><td>S&amp;P 500</td><td>1.4%</td><td>8.5%</td><td>9.9%</td><td>7.0%</td><td>4.8%</td><td>15.1</td><td>1.59</td></tr><tr><td>Realty Income</td><td>4.6%</td><td>5.2%</td><td>9.8%</td><td>6.9%</td><td>4.7%</td><td>15.4</td><td>1.58</td></tr><tr><td>Dividend Growth</td><td>1.6%</td><td>8.0%</td><td>9.6%</td><td>6.7%</td><td>4.5%</td><td>15.9</td><td>1.56</td></tr><tr><td>REITs</td><td>2.9%</td><td>6.5%</td><td>9.4%</td><td>6.6%</td><td>4.4%</td><td>16.4</td><td>1.54</td></tr><tr><td>60/40 Retirement Portfolio</td><td>2.1%</td><td>5.1%</td><td>7.2%</td><td>5.1%</td><td>2.9%</td><td>24.9</td><td>1.33</td></tr><tr><td>10-Year US Treasury</td><td>2.3%</td><td>0.0%</td><td>2.3%</td><td>1.6%</td><td>-0.5%</td><td>-131.1</td><td>0.95</td></tr></tbody></table><p><i>(Source: Morningstar, FactSet, Ycharts)</i></p><p>Both companies are expected to beat the S&amp;P 500 over time, though FB merely to match the Nasdaq while GOOG is expected to run circles around big tech.</p><p>What kind of difference does 2.6% per year in potential extra returns actually mean for your life?</p><h4>Inflation-Adjusted Consensus Return Forecast: $1,000 Initial Investment</h4><table><colgroup></colgroup><tbody><tr><td><b>Time Frame (Years)</b></td><td><b>7.7% CAGR Inflation-Adjusted S&amp;P Consensus</b></td><td><b>11.9% Inflation-Adjusted GOOG Consensus</b></td><td><b>9.3% CAGR Inflation-Adjusted FB Consensus</b></td><td><b>Difference Between Inflation Adjusted GOOG and FB Consensus Returns</b></td></tr><tr><td>5</td><td>$1,449.03</td><td>$1,756.06</td><td>$1,561.34</td><td>$194.71</td></tr><tr><td>10</td><td>$2,099.70</td><td>$3,083.73</td><td>$2,437.79</td><td>$645.95</td></tr><tr><td>15</td><td>$3,042.53</td><td>$5,415.21</td><td>$3,806.22</td><td>$1,608.99</td></tr><tr><td>20</td><td>$4,408.74</td><td>$9,509.42</td><td>$5,942.82</td><td>$3,566.60</td></tr><tr><td>25</td><td>$6,388.41</td><td>$16,699.08</td><td>$9,278.77</td><td>$7,420.31</td></tr><tr><td>30</td><td>$9,257.02</td><td>$29,324.53</td><td>$14,487.34</td><td>$14,837.19</td></tr></tbody></table><p><i>(Source: Morningstar, FactSet, Ycharts)</i></p><p>Both FB and GOOG are likely to generate good returns but GOOG could turn a modest investment today into a potentially small fortune in the coming decades.</p><table><colgroup></colgroup><tbody><tr><td><b>Time Frame (Years)</b></td><td><b>Ratio Inflation-Adjusted GOOG and FB Consensus</b></td></tr><tr><td>5</td><td>1.12</td></tr><tr><td>10</td><td>1.26</td></tr><tr><td>15</td><td>1.42</td></tr><tr><td>20</td><td>1.60</td></tr><tr><td>25</td><td>1.80</td></tr><tr><td>30</td><td>2.02</td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>In fact, GOOG could potentially double FB&#39;s 30-year returns if both companies grow as analysts currently expect.</p><h2>Short &amp; Medium-Term Total Return Potential: Tie</h2><p><b>Meta 2024 Consensus Return Potential </b></p><p></p><p><img src=\"https://static.tigerbbs.com/5f903c32f63dbb4cfa5efa19492b8a0f\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>FB growing at 11.5% is worth about 20.5X earnings based on the company&#39;s historical PEG ratio.</p><ul><li>analyst 12-month consensus forecast is for 21.9 PE</li></ul><p>This means that if FB grows as expected through 2024 it could deliver about 18% annular returns, far more than the 17% overvalued S&amp;P 500 is likely to generate.</p><p>What about the next five years?</p><h4>S&amp;P 500 2027 Consensus Return Potential</h4><table><colgroup></colgroup><tbody><tr><td><b>Year</b></td><td><b>Upside Potential By End of That Year</b></td><td><b>Consensus CAGR Return Potential By End of That Year</b></td><td><b>Probability-Weighted Return (Annualized)</b></td><td><p><b>Inflation And Risk-Adjusted Expected Returns</b></p></td></tr><tr><td>2027</td><td>34.75%</td><td>6.15%</td><td>4.61%</td><td>1.27%</td></tr></tbody></table><p><i>(Source: DK S&amp;P 500 Valuation And Total Return Tool)</i></p><p>For context, analysts expect 35% returns from the S&amp;P 500, which adjusted for inflation and risk is 1% compared to the market&#39;s historical 6% to 7% real return.</p><h4><b>Meta 2027 Consensus Return Potential</b></h4><p></p><p><img src=\"https://static.tigerbbs.com/66d31fef78452199e2961d8d89d65454\" tg-width=\"275\" tg-height=\"365\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>FB could more than double your money if it grows as analysts expect over the next five years.</p><ul><li>3.2X the S&amp;P 500 consensus</li></ul><h2><b>GOOG 2024 Consensus Return Potential </b></h2><p></p><p><img src=\"https://static.tigerbbs.com/bc664bb22e0ba08e06de0e9bbed286c3\" tg-width=\"640\" tg-height=\"271\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>GOOG could deliver 13% annual returns through 2024 if it grows as expected.</p><p>In the past GOOG has grown as slowly as 11% and billions of investors still paid 25.7X earnings, meaning that its historical market-fair value multiple of 25 to 26X earnings should still be valid.</p><h4><b>GOOG 2027 Consensus Return Potential</b></h4><p></p><p><img src=\"https://static.tigerbbs.com/e36d07a6169cb075678d6646bca01679\" tg-width=\"399\" tg-height=\"511\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>FAST Graphs, FactSet Research</p><p></p><p>Thanks to GOOG&#39;s faster growth rate analysts expect both companies to potentially deliver identical returns.</p><ul><li>about 14% annually over the next five years</li><li>also 3.2X better than the S&amp;P 500</li></ul><h2>Bottom Line: Both Are Great Companies But In The Battle Of Meta And Alphabet There Is One Clear Winner</h2><p></p><p><img src=\"https://static.tigerbbs.com/5dea4bc19b8951f30e1b2bea40e989b9\" tg-width=\"640\" tg-height=\"314\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Dividend Kings Automated Investment Decision Tool</p><p><img src=\"https://static.tigerbbs.com/507426f09d401e866c66a1f1dd597e4f\" tg-width=\"640\" tg-height=\"309\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Dividend Kings Automated Investment Decision Tool</p><p></p><p>Both Alphabet and Meta are wonderful companies, and as close to perfect growth blue-chip opportunities as you can find on Wall Street right now.</p><ul><li>far superior valuation</li><li>superior quality</li><li>superior long-term return potential to the S&amp;P 500</li></ul><p>However, when we examine both companies in their entirety one fact is clear.</p><ul><li>GOOG is a higher quality company</li><li>GOOG is a faster-growing company (<i>with potentially 2X better long-term return potential than FB</i>)</li><li>GOOG has far better long-term risk management (to deal with the disruption the digital advertising industry is currently facing)</li><li>GOOG has superior return on capital and a more stable moat</li></ul><p>While FB offers superior valuation and potentially double the short-term return potential, it&#39;s a speculative blue-chip currently going through the largest business pivot in the company&#39;s history.</p><p>In contrast, GOOG is a faster-growing Ultra SWAN that is expected to buy back almost $400 billion worth of stock in the next five years, double that of FB.</p><p>Simply put, if you can only buy one of these growth legends today, I recommend Alphabet, and that&#39;s why I have it as a core growth position in my correction plan.</p><p>Not just for the next few weeks, but all of 2022 and beyond.</p><p>Because at the end of the day, when you focus on safety and quality first, and prudent valuation and sound risk-management always, you never have to pray for luck on Wall Street, you make your own.</p><blockquote>Luck is what happens when preparation meets, opportunity.&#34; - Roman philosopher Seneca the younger</blockquote></body></html>","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>Alphabet Vs. Meta: One Is The Much Better Buy</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\">\nAlphabet Vs. Meta: One Is The Much Better Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-27 09:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4497464-alphabet-vs-meta-one-is-better-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FotoMaximum/iStock via Getty ImagesAlphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are famous for enriching millions of investors over the last eight years. Alphabet And Meta Returns Since ...</p>\n\n<a href=\"https://seekingalpha.com/article/4497464-alphabet-vs-meta-one-is-better-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4566":"资本集团","BK4554":"元宇宙及AR概念","BK4525":"远程办公概念","BK4503":"景林资产持仓","BK4579":"人工智能","BK4581":"高盛持仓","BK4551":"寇图资本持仓","BK4524":"宅经济概念","BK4548":"巴美列捷福持仓","BK4553":"喜马拉雅资本持仓","BK4508":"社交媒体","BK4573":"虚拟现实","BK4527":"明星科技股","BK4507":"流媒体概念","BK4077":"互动媒体与服务","BK4534":"瑞士信贷持仓","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://seekingalpha.com/article/4497464-alphabet-vs-meta-one-is-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2221071429","content_text":"FotoMaximum/iStock via Getty ImagesAlphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta (NASDAQ:FB) are famous for enriching millions of investors over the last eight years. Alphabet And Meta Returns Since 2013Portfolio Visualizer PremiumIn fact, both have crushed even the red hot Nasdaq during one of the hottest tech bull runs in US history, delivering Buffett-like 25% returns that resulted in an 8X return.YchartsWhile the market is currently in a correction, and growth stocks have been especially hard hit, Meta has been crushed, falling into a 50% bear market.I've bought both growth legends in this correction, but one is a core growth name in my correction plan, and the other is a non-core holding.So let me explain why both Meta and Alphabet are great companies, worth owning, and even buying more of right now.However, a careful examination of both of their fundamentals makes it clear that Alphabet is the global king of digital marketing, and this is likely to remain the case for the foreseeable future.The Challenge Facing Digital Marketers Right NoweMarketerGOOG, FB, and Amazon (AMZN) have a triopoly on US digital marketing, commanding an estimated 65% of the market.Both GOOG and FB are losing market share to AMZN because Amazon's ads are 3X as effective at converting to actual sales.That's because Amazon has spent decades gathering customer sales data and knows what its customers want better than anyone on earth.Apple's (AAPL) recent privacy shift in iOS, makes it much easier to opt out of data tracking, and 62% of iPhone users have indeed opted out.This has proven a hammer blow to FB, which management says could cost it $10 billion in 2022 alone.GOOG is less at risk since it still has the search data it can use to optimize for targeted ads.AMZN is the least at risk since it relies far less on cookie tracking than its rivals.This kind of business model disruption is part of FB and GOOG's risk profile, which brings us to our first point of comparison.Long-Term Risk Management: Winner AlphabetHow do we quantify, monitor, and track such a complex risk profile? By doing what big institutions do.Material Financial ESG Risk Analysis: How Large Institutions Measure Total Risk4 Things You Need To Know To Profit From ESG InvestingWhat Investors Need To Know About Company Long-Term Risk Management (Video)Here is a special report that outlines the most important aspects of understanding long-term ESG financial risks for your investments.ESG is NOT \"political or personal ethics based investing\"it's total long-term risk management analysisESG is just normal risk by another name.\" Simon MacMahon, head of ESG and corporate governance research, Sustainalytics\" - MorningstarESG factors are taken into consideration, alongside all other credit factors, when we consider they are relevant to and have or may have a material influence on creditworthiness.\" - S&PESG is a measure of risk, not of ethics, political correctness, or personal opinion.S&P, Fitch, Moody's, DBRS (Canadian rating agency), AMBest (insurance rating agency), R&I Credit Rating (Japanese rating agency), and the Japan Credit Rating Agency have been using ESG models in their credit ratings for decades.every credit rating for the last 30 years has included these risk models, you just weren't aware of it credit and risk management ratings make up 41% of the DK safety and quality modeldividend/balance sheet/risk ratings make up 82% of the DK safety and quality modelEvery major financial institution also tracks long-term risk management and considers it essential to sound long-term investing including,BlackRockMSCIJPMorganWells FargoBank of AmericaDeutsche Bankvirtually every major financial institution in the worldWe use six rating agencies to get a consensus risk management percentile, comparing how well a company manages its risk relative to its peers.For context:master list average: 62nd percentiledividend kings: 63rd percentiledividend aristocrats: 67th percentileUltra SWANs: 71st percentileThe better a company's risk management consensus the more likely it will be able to adapt to challenges to its business model, as we're seeing now with GOOG and FB.Meta Long-Term Risk-Management ConsensusRating AgencyIndustry PercentileRating Agency ClassificationMSCI 37 Metric Model26.0%B Industry Laggard, Negative TrendMorningstar/Sustainalytics 20 Metric Model0.7%32.4/100 High-RiskReuters'/Refinitiv 500+ Metric Model88.9%GoodS&P 1,000+ Metric Model18.0%Very Poor- Stable TrendJust Capital 19 Metric Model50.0%AverageFactSet30.0%Below-Average Stable TrendMorningstar Global Percentile30.6%Below-AverageJust Capital Global Percentile25.4%PoorConsensus33.7%Below-Average (verging on poor) - medium risk(Sources: MSCI, Morningstar, Reuters', Just Capital, S&P, FactSet Research)The rating agency consensus is that FB is below-average at managing its risk, verging on poor.Now contrast that with GOOG.Alphabet Long-Term Risk-Management ConsensusRating AgencyIndustry PercentileRating Agency ClassificationMSCI 37 Metric Model53.0%BBB Average, Negative TrendMorningstar/Sustainalytics 20 Metric Model39.7%24.3/100 Medium-RiskReuters'/Refinitiv 500+ Metric Model85.88%GoodS&P 1,000+ Metric Model47.0%Average- Positive TrendJust Capital 19 Metric Model100.00%#1 Industry LeaderFactSet30.0%Below-Average Stable TrendMorningstar Global Percentile60.88Above-AverageJust Capital Global Percentile100%#1 Industry Leader, #1 Company In AmericaConsensus64.6%Above-Average - low risk (Sources: MSCI, Morningstar, Reuters', Just Capital, S&P, FactSet Research)GOOG doesn't just manage its long-term risk better than FB, it's beating FB by 31%.far more likely to successfully deal with privacy policy shifts, regulators, and every other major risk to its business modelAnd risk-management isn't the only factor in which GOOG outshines FB by a wide margin.Overall Quality: Winner, AlphabetThe Dividend King's overall quality scores are based on a 241 point model that includes:dividend safetybalance sheet strengthcredit ratingscredit default swap medium-term bankruptcy risk datashort and long-term bankruptcy riskaccounting and corporate fraud riskprofitability and business modelgrowth consensus estimatesmanagement growth guidancehistorical earnings growth rateshistorical cash flow growth rateshistorical dividend growth rateshistorical sales growth ratescost of capitallong-term risk-management scores from MSCI, Morningstar, FactSet, S&P, Reuters'/Refinitiv, and Just Capitalmanagement qualitydividend friendly corporate culture/income dependabilitylong-term total returns (a Ben Graham sign of quality)analyst consensus long-term return potentialIt actually includes over 1,000 metrics if you count everything factored in by 12 rating agencies we use to assess fundamental risk.credit and risk management ratings make up 41% of the DK safety and quality modeldividend/balance sheet/risk ratings make up 82% of the DK safety and quality modelHow do we know that our safety and quality model works well?During the two worst recessions in 75 years, our safety model predicted 87% of blue-chip dividend cuts during the ultimate baptism by fire for any dividend safety model.That's because we don't miss anything important about a company's fundamental safety and quality.So how do GOOG and FB stack up on one of the world's most comprehensive and accurate safety and quality models?Meta: A Speculative 11/19 Quality Blue-ChipMeta Balance Sheet SafetyRatingDividend Kings Safety Score (151 Point Safety Model)Approximate Dividend Cut Risk (Average Recession)Approximate Dividend Cut Risk In Pandemic Level Recession1 - unsafe0% to 20%over 4%16+%2- below average21% to 40%over 2%8% to 16%3 - average41% to 60%2%4% to 8%4 - safe61% to 80%1%2% to 4%5- very safe81% to 100%0.5%1% to 2%FB100%NANARisk RatingMedium Risk (34th industry percentile risk-management consensus)Effective AAA stable outlook credit rating 0.07% 30-year bankruptcy risk2.5% OR LESS Max Risk Cap Recommendation - speculative, turnaround stockLong-Term DependabilityCompanyDK Long-Term Dependability ScoreInterpretationPointsNon-Dependable Companies21% or belowPoor Dependability1Low Dependability Companies22% to 60%Below-Average Dependability2S&P 500/Industry Average61% (58% to 70% range)Average Dependability3Above-Average71% to 80%Very Dependable4Very Good81% or higherExceptional Dependability5FB67%Average Dependability3Overall QualityFBFinal ScoreRatingSafety100%5/5 very safeBusiness Model100%3/3 wide moatDependability67%3/5 average dependabilityTotal84%11/13 Speculative Blue-ChipRisk Rating2/3 Medium Risk2.5% OR LESS Max Risk Cap Rec - speculative, turnaround stock20% Margin of Safety For A Potentially Good BuyAnd here's GOOG.Alphabet: A 13/13 Quality Ultra SWANAlphabet Balance Sheet SafetyRatingDividend Kings Safety Score (151 Point Safety Model)Approximate Dividend Cut Risk (Average Recession)Approximate Dividend Cut Risk In Pandemic Level Recession1 - unsafe0% to 20%over 4%16+%2- below average21% to 40%over 2%8% to 16%3 - average41% to 60%2%4% to 8%4 - safe61% to 80%1%2% to 4%5- very safe81% to 100%0.5%1% to 2%GOOG100%NANARisk RatingLow Risk (65th industry percentile risk-management consensus)AA+ stable outlook credit rating 0.29% 30-year bankruptcy risk20% OR LESS Max Risk Cap RecommendationLong-Term DependabilityCompanyDK Long-Term Dependability ScoreInterpretationPointsNon-Dependable Companies21% or belowPoor Dependability1Low Dependability Companies22% to 60%Below-Average Dependability2S&P 500/Industry Average61% (58% to 70% range)Average Dependability3Above-Average71% to 80%Very Dependable4Very Good81% or higherExceptional Dependability5GOOG89%Exceptional Dependability5Overall QualityGOOGFinal ScoreRatingSafety100%5/5 very safeBusiness Model100%3/3 wide moatDependability89%5/5 exceptionalTotal95%13/13 Ultra SWANRisk Rating3/3 Low Risk20% OR LESS Max Risk Cap Rec5% Margin of Safety For A Potentially Good BuyMeta: 114th highest quality company on the Masterlist: 78th percentileAlphabet: 39th highest quality: 92nd percentileBoth companies are exceptionally high quality given that our company database is one of the best in the world.The DK 500 Master List includes the world's highest quality companies including:All dividend championsAll dividend aristocratsAll dividend kingsAll global aristocrats (such as BTI, ENB, and NVS)All 13/13 Ultra Swans (as close to perfect quality as exists on Wall Street)48 of the world's best growth stocks (on its way to 100)But when it comes to overall quality, factoring in over 1,000 fundamental metrics, the winner is clearly once more Alphabet.Why is GOOG the hands-down winner in this quality fight with FB?CompanyQuality Rating (out Of 13)Quality Score (Out Of 100)Dividend/Balance Sheet Safety Rating (out of 5)Safety Score (Out Of 100)Dependability Rating (Out Of 5)Dependability Score (out Of 100)Meta Platforms11 Speculative Blue-Chip84%5 Very Safe100%3 average67%Alphabet13 Ultra SWAN95%5 Very Safe100%5 exceptional89%(Source: DK Research Terminal)Both FB and Meta have exceptionally strong balance sheets, making the risk of bankruptcy as close to zero as you can find on Wall Street.Alphabet's Balance Sheet: AA+ Rated By S&PGuruFocus PremiumGOOG has $140 billion in cash and just $13 billion in debt.Its advanced accounting metrics (F, Z, and M-score) are exceptional.F-score is a measure of short-term bankruptcy risk4+ is safe, 7+ very safe and GOOG's is 8M-score is 84% to 92% accurate at forecasting long-term bankruptcies1.81+ is safe, 3+ is very safe and GOOG's is 13.04M-score is 76% accurate at catching accounting fraud, and 82.5% accurate at finding companies with honest accounting-1.78 or lower is safe and GOOG's is -2.48Meta's Balance Sheet: Effectively AAAGuruFocus PremiumThe only \"debt\" Meta has is receivables, it actually carries no long-term debt.That is why it's the largest company on earth that doesn't pay the $500K per year for a credit rating.However, given its current and historical advanced credit metrics, as well as its exceptionally strong solvency ratios (current ratio, quick ratio, and cash ratios), I'm highly confident that it would be AAA-rated.because it's literally not possible for FB to default on debt it doesn't haveCredit Rating30-Year Bankruptcy ProbabilityAAA (Meta)0.07%AA+ (Alphabet)0.29%AA0.51%AA-0.55%A+0.60%A0.66%A-2.5%BBB+5%BBB7.5%BBB-11%BB+14%BB17%BB-21%B+25%B37%B-45%CCC+52%CCC59%CCC-65%CC70%C80%D100%(Sources: S&P, University of St. Petersberg)This means the fundamental risk of losing all your money over the next 30 years buying FB or GOOG today is approximately1 in 1,429 for FB1 in 345 for GOOGAnd both companies' balance sheets are expected to keep getting stronger over time.Alphabet: Consensus $441 Billion In Net Cash By 2027 FactSet Research TerminalMeta: Consensus $71 Billion In Net Cash By 2027FactSet Research TerminalNow let's consider profitability, Wall Street's favorite quality proxy.Profitability: Winner, Meta By A Small AmountMeta Profitability Vs PeersGurufocus PremiumAlphabet Profitability Vs PeersGurufocus PremiumBoth companies are profit-minting machines.YchartsThese are two of the most profitable companies on earth, and their industry-leading profitability has been stable or improving for over a decade, confirming a wide and stable moat.FactSet Research TerminalFB's free cash flow is expected to keep growing and reach $77 billion in 2027.This is expected to result in impressive buybacks in the coming years.$219 billion in consensus buybacks through 202738% of shares at current valuationsFactSet Research TerminalGOOG's annual free cash flow is expected to grow to $139 billion in 2027, allowing it to undertake even more impressive buybacks.$380 billion in consensus buybacks through 202721% of shares at current valuationsNow let's consider one important profitability metric in particular.Return on capital or ROC is Joel Greenblatt's gold standard proxy for quality and moatiness.ROC = pre-tax profit/operating capital (the money it takes to run the business).S&P 500's average in 2021 was 14.6% (average investment pays for itself in 7 years)CompanyROC (Greenblatt)ROC Industry Percentile13-Year Median ROC5-Year ROC Trend (OTC:CAGR)Meta Platforms74%65%95%-16%Alphabet87%67%74%-7%(Source: DK Research Terminal, FactSet)In the past year, GOOG's return on capital was higher than FB's and it's also above its 13-year median indicating a more stable moat.In other words, when it comes to profitability, FB edges out GOOG by a small amount, except in terms of return on capital, where it's once more the winner.Valuation: Winner, MetaCompanyAverage Fair ValueCurrent PriceDiscount To Fair ValueDK RatingPE 2022PEG 2022Meta Platforms$265.75$214.3519.6%Potentially Reasonable Buy17.191.49Alphabet$3,161.89$2,771.9212.3%Potentially Good Buy23.511.67(Source: DK Research Terminal, FactSet)FB is trading at a slightly lower valuation and a higher margin of safety, though not quite high enough for me to consider it a good buy.20% discount is needed to make FB a potentially good buy given its lower quality and risk profileIf we back out cash we see that FB is once more the more undervalued company.FB EV/EBITDA: 9.5GOOG EV/EBITDA: 14.5However, both companies are trading at highly attractive valuations.Company12-Month Consensus Total Return Potential12-Month Fundamentally Justified Upside Total Return PotentialMeta Platforms48.47%23.98%Alphabet25.77%14.11%(Source: DK Research Terminal, FactSet)This is why analysts expect both to deliver very strong returns, though FB potentially much more than GOOG.Of course, what happens in the next year doesn't matter as much as the kind of returns both companies can deliver over the long-term.Long-Term Total Return Potential: Winner, AlphabetCompanyYieldFactSet Long-Term Consensus Growth RateLT Consensus Total Return PotentialRisk-Adjusted Expected ReturnMeta Platforms0.00%11.5%11.5%8.1%Alphabet0.00%14.1%14.1%9.9%(Source: DK Research Terminal, FactSet)GOOG is expected to grow significantly faster than FB over time, resulting in far better long-term returns.Investment StrategyYieldLT Consensus GrowthLT Consensus Total Return PotentialLong-Term Risk-Adjusted Expected ReturnLong-Term Inflation And Risk-Adjusted Expected ReturnsYears To Double Your Inflation & Risk-Adjusted Wealth10 Year Inflation And Risk-Adjusted ReturnEurope2.6%12.8%15.4%10.7%8.6%8.42.27Value2.1%12.1%14.1%9.9%7.7%9.32.10Alphabet0.0%14.1%14.1%9.9%7.7%9.42.10High-Yield2.8%11.3%14.1%9.9%7.7%9.42.10High-Yield + Growth1.7%11.0%12.7%8.9%6.7%10.81.91Safe Midstream + Growth3.3%8.5%11.8%8.3%6.1%11.81.80Meta0.0%11.50%11.5%8.1%5.9%12.31.77Nasdaq (Growth)0.8%10.7%11.5%8.1%5.9%12.31.77Safe Midstream5.5%6.0%11.5%8.1%5.9%12.31.77Dividend Aristocrats2.2%8.9%11.1%7.8%5.6%12.91.72REITs + Growth1.8%8.9%10.6%7.4%5.2%13.71.67S&P 5001.4%8.5%9.9%7.0%4.8%15.11.59Realty Income4.6%5.2%9.8%6.9%4.7%15.41.58Dividend Growth1.6%8.0%9.6%6.7%4.5%15.91.56REITs2.9%6.5%9.4%6.6%4.4%16.41.5460/40 Retirement Portfolio2.1%5.1%7.2%5.1%2.9%24.91.3310-Year US Treasury2.3%0.0%2.3%1.6%-0.5%-131.10.95(Source: Morningstar, FactSet, Ycharts)Both companies are expected to beat the S&P 500 over time, though FB merely to match the Nasdaq while GOOG is expected to run circles around big tech.What kind of difference does 2.6% per year in potential extra returns actually mean for your life?Inflation-Adjusted Consensus Return Forecast: $1,000 Initial InvestmentTime Frame (Years)7.7% CAGR Inflation-Adjusted S&P Consensus11.9% Inflation-Adjusted GOOG Consensus9.3% CAGR Inflation-Adjusted FB ConsensusDifference Between Inflation Adjusted GOOG and FB Consensus Returns5$1,449.03$1,756.06$1,561.34$194.7110$2,099.70$3,083.73$2,437.79$645.9515$3,042.53$5,415.21$3,806.22$1,608.9920$4,408.74$9,509.42$5,942.82$3,566.6025$6,388.41$16,699.08$9,278.77$7,420.3130$9,257.02$29,324.53$14,487.34$14,837.19(Source: Morningstar, FactSet, Ycharts)Both FB and GOOG are likely to generate good returns but GOOG could turn a modest investment today into a potentially small fortune in the coming decades.Time Frame (Years)Ratio Inflation-Adjusted GOOG and FB Consensus51.12101.26151.42201.60251.80302.02(Source: DK Research Terminal, FactSet)In fact, GOOG could potentially double FB's 30-year returns if both companies grow as analysts currently expect.Short & Medium-Term Total Return Potential: TieMeta 2024 Consensus Return Potential FAST Graphs, FactSet ResearchFB growing at 11.5% is worth about 20.5X earnings based on the company's historical PEG ratio.analyst 12-month consensus forecast is for 21.9 PEThis means that if FB grows as expected through 2024 it could deliver about 18% annular returns, far more than the 17% overvalued S&P 500 is likely to generate.What about the next five years?S&P 500 2027 Consensus Return PotentialYearUpside Potential By End of That YearConsensus CAGR Return Potential By End of That YearProbability-Weighted Return (Annualized)Inflation And Risk-Adjusted Expected Returns202734.75%6.15%4.61%1.27%(Source: DK S&P 500 Valuation And Total Return Tool)For context, analysts expect 35% returns from the S&P 500, which adjusted for inflation and risk is 1% compared to the market's historical 6% to 7% real return.Meta 2027 Consensus Return PotentialFAST Graphs, FactSet ResearchFB could more than double your money if it grows as analysts expect over the next five years.3.2X the S&P 500 consensusGOOG 2024 Consensus Return Potential FAST Graphs, FactSet ResearchGOOG could deliver 13% annual returns through 2024 if it grows as expected.In the past GOOG has grown as slowly as 11% and billions of investors still paid 25.7X earnings, meaning that its historical market-fair value multiple of 25 to 26X earnings should still be valid.GOOG 2027 Consensus Return PotentialFAST Graphs, FactSet ResearchThanks to GOOG's faster growth rate analysts expect both companies to potentially deliver identical returns.about 14% annually over the next five yearsalso 3.2X better than the S&P 500Bottom Line: Both Are Great Companies But In The Battle Of Meta And Alphabet There Is One Clear WinnerDividend Kings Automated Investment Decision ToolDividend Kings Automated Investment Decision ToolBoth Alphabet and Meta are wonderful companies, and as close to perfect growth blue-chip opportunities as you can find on Wall Street right now.far superior valuationsuperior qualitysuperior long-term return potential to the S&P 500However, when we examine both companies in their entirety one fact is clear.GOOG is a higher quality companyGOOG is a faster-growing company (with potentially 2X better long-term return potential than FB)GOOG has far better long-term risk management (to deal with the disruption the digital advertising industry is currently facing)GOOG has superior return on capital and a more stable moatWhile FB offers superior valuation and potentially double the short-term return potential, it's a speculative blue-chip currently going through the largest business pivot in the company's history.In contrast, GOOG is a faster-growing Ultra SWAN that is expected to buy back almost $400 billion worth of stock in the next five years, double that of FB.Simply put, if you can only buy one of these growth legends today, I recommend Alphabet, and that's why I have it as a core growth position in my correction plan.Not just for the next few weeks, but all of 2022 and beyond.Because at the end of the day, when you focus on safety and quality first, and prudent valuation and sound risk-management always, you never have to pray for luck on Wall Street, you make your own.Luck is what happens when preparation meets, opportunity.\" - Roman philosopher Seneca the younger","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927793387,"gmtCreate":1672584743050,"gmtModify":1676538707544,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9927793387","repostId":"2295151028","repostType":4,"repost":{"id":"2295151028","pubTimestamp":1672537155,"share":"https://www.laohu8.com/m/news/2295151028?lang=&edition=full","pubTime":"2023-01-01 09:39","market":"us","language":"en","title":"Tesla Stock Had the Worst Year Ever. That Doesn’t Make It Cheap","url":"https://stock-news.laohu8.com/highlight/detail?id=2295151028","media":"Bloomberg","summary":"Even with 65% drop, still valued more than big rivals combinedWhile analysts broadly bullish on stoc","content":"<html><head></head><body><ul><li>Even with 65% drop, still valued more than big rivals combined</li><li>While analysts broadly bullish on stock, investors have doubts</li></ul><p><img src=\"https://static.tigerbbs.com/e180ae62a7e9b5fb9d3ac377703c125b\" tg-width=\"1000\" tg-height=\"667\" width=\"100%\" height=\"auto\"/></p><p>Tesla Inc. shares have fallen so far, so fast that some individual investors are piling in, seeing a chance to pick up what was once Wall Street’s highest flying stock on the cheap.</p><p>But would-be bargain hunters may want to take a closer look.</p><p>Even after this year’s record 65% drop, the electric-car maker’s meteoric surge during 2020 and 2021 has left it with stock-market value of $389 billion, more than Toyota Motor Corp., General Motors Co., <a href=\"https://laohu8.com/S/STLA\">Stellantis NV</a> and Ford Motor Co. combined.</p><p>And the shares still trade at a higher valuation — relative to expected earnings — than most major technology giants, showing anticipation that the company will see the heady growth that Chief Executive Officer Elon Musk has promised and dominate the industry in years to come.</p><p>In the short term, though, the company is facing mounting challenges, including rising costs, competitive threats, and the risk that a recession will slow demand. At the same time, Musk has been distracted by his takeover of Twitter, a transaction that’s weighed on the stock due to speculation he could sell more Tesla shares to keep the money-losing social-media company afloat and take his eye off running the carmaker.</p><p>“Tesla was priced for perfection — and perfection is hard to come by,” said Catherine Faddis, senior portfolio manager at Fernwood Investment Management. “People are asking themselves, exactly why should it trade at so much of a premium?”</p><p>Such concerns fueled a major selloff in Tesla that drove the shares down more than 36% in December, the steepest monthly decline since the initial public offering in 2010. That delivered a windfall to short sellers who had bet against the stock after a two-year rally pushed it up 1,163% by the end of 2021.</p><p>Electric cars are still expected to be the future of the auto industry globally. But Tesla’s short-term outlook has been clouded by the trajectory of the economy and factors like the surging cost of raw materials used in batteries. That led Tesla to raise prices this year just as consumers were contending with rapid inflation and high interest rates. To clear its inventory, Tesla offered a rare $7,500 discount to customers who took delivery by the end of the year, effectively matching a potential federal subsidy that starts in 2023.</p><p>The company is also facing a growing competitive threat from major automakers that are slated to flood the market with a slew of new EVs over the next few years.</p><p>Despite that, the stock market is pricing in that Tesla will continue to post rapid growth and brokerage analysts are broadly more positive on the company than they were a year ago, when 29% of them advised selling the stock as it held over $350, according to data compiled by Bloomberg. Only 11% are doing so now that it’s dropped to around $123.</p><p>Tesla shares are trading at more than 24 times its forward 12-month estimated earnings, with GM and Ford hovering between 5 and 6. That reflects how much more rapidly Tesla’s sales are expected to increase in years ahead: While GM and Ford’s 2023 revenues are anticipated to expand by low single digits, analysts see Tesla recording 36% growth.</p><p>Concerns that the company might be struggling with eroding demand have grown in recent weeks, however, on news of the year-end discounts and a temporary production halt at its factory in China.</p><p>“There is risk to both pricing and volume” for Tesla, said Ivana Delevska, chief investment officer at SPEAR Invest. “Analysts are estimating 50% volume growth, which is a stretch in an environment where affordability is the focus point for the consumer.”</p><p>As Tesla slid recently, some analysts dialed back their 12-month price targets, dropping the average by 13% to $247. Morgan Stanley analyst Adam Jonas was among them, cutting his call to $250 from $330.</p><p>But, like those who have been buying the recent dip, Jonas remains bullish on the stock and kept his overweight rating. His target implies the stock price may more than double in 2023.</p></body></html>","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>Tesla Stock Had the Worst Year Ever. That Doesn’t Make It Cheap</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\">\nTesla Stock Had the Worst Year Ever. That Doesn’t Make It Cheap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-01 09:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-stock-had-worst-ever-140000226.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Even with 65% drop, still valued more than big rivals combinedWhile analysts broadly bullish on stock, investors have doubtsTesla Inc. shares have fallen so far, so fast that some individual investors...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-stock-had-worst-ever-140000226.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4527":"明星科技股","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4550":"红杉资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","F":"福特汽车","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4551":"寇图资本持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4574":"无人驾驶","TSLA":"特斯拉","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4581":"高盛持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4099":"汽车制造商","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","GM":"通用汽车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU2063271972.USD":"富兰克林创新领域基金"},"source_url":"https://finance.yahoo.com/news/tesla-stock-had-worst-ever-140000226.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2295151028","content_text":"Even with 65% drop, still valued more than big rivals combinedWhile analysts broadly bullish on stock, investors have doubtsTesla Inc. shares have fallen so far, so fast that some individual investors are piling in, seeing a chance to pick up what was once Wall Street’s highest flying stock on the cheap.But would-be bargain hunters may want to take a closer look.Even after this year’s record 65% drop, the electric-car maker’s meteoric surge during 2020 and 2021 has left it with stock-market value of $389 billion, more than Toyota Motor Corp., General Motors Co., Stellantis NV and Ford Motor Co. combined.And the shares still trade at a higher valuation — relative to expected earnings — than most major technology giants, showing anticipation that the company will see the heady growth that Chief Executive Officer Elon Musk has promised and dominate the industry in years to come.In the short term, though, the company is facing mounting challenges, including rising costs, competitive threats, and the risk that a recession will slow demand. At the same time, Musk has been distracted by his takeover of Twitter, a transaction that’s weighed on the stock due to speculation he could sell more Tesla shares to keep the money-losing social-media company afloat and take his eye off running the carmaker.“Tesla was priced for perfection — and perfection is hard to come by,” said Catherine Faddis, senior portfolio manager at Fernwood Investment Management. “People are asking themselves, exactly why should it trade at so much of a premium?”Such concerns fueled a major selloff in Tesla that drove the shares down more than 36% in December, the steepest monthly decline since the initial public offering in 2010. That delivered a windfall to short sellers who had bet against the stock after a two-year rally pushed it up 1,163% by the end of 2021.Electric cars are still expected to be the future of the auto industry globally. But Tesla’s short-term outlook has been clouded by the trajectory of the economy and factors like the surging cost of raw materials used in batteries. That led Tesla to raise prices this year just as consumers were contending with rapid inflation and high interest rates. To clear its inventory, Tesla offered a rare $7,500 discount to customers who took delivery by the end of the year, effectively matching a potential federal subsidy that starts in 2023.The company is also facing a growing competitive threat from major automakers that are slated to flood the market with a slew of new EVs over the next few years.Despite that, the stock market is pricing in that Tesla will continue to post rapid growth and brokerage analysts are broadly more positive on the company than they were a year ago, when 29% of them advised selling the stock as it held over $350, according to data compiled by Bloomberg. Only 11% are doing so now that it’s dropped to around $123.Tesla shares are trading at more than 24 times its forward 12-month estimated earnings, with GM and Ford hovering between 5 and 6. That reflects how much more rapidly Tesla’s sales are expected to increase in years ahead: While GM and Ford’s 2023 revenues are anticipated to expand by low single digits, analysts see Tesla recording 36% growth.Concerns that the company might be struggling with eroding demand have grown in recent weeks, however, on news of the year-end discounts and a temporary production halt at its factory in China.“There is risk to both pricing and volume” for Tesla, said Ivana Delevska, chief investment officer at SPEAR Invest. “Analysts are estimating 50% volume growth, which is a stretch in an environment where affordability is the focus point for the consumer.”As Tesla slid recently, some analysts dialed back their 12-month price targets, dropping the average by 13% to $247. Morgan Stanley analyst Adam Jonas was among them, cutting his call to $250 from $330.But, like those who have been buying the recent dip, Jonas remains bullish on the stock and kept his overweight rating. His target implies the stock price may more than double in 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968521647,"gmtCreate":1669259854389,"gmtModify":1676538175723,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968521647","repostId":"1102300737","repostType":4,"repost":{"id":"1102300737","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":1669244092,"share":"https://www.laohu8.com/m/news/1102300737?lang=&edition=full","pubTime":"2022-11-24 06:54","market":"us","language":"en","title":"Reminder: U.S. Stocks Are Closed on November 24 for Thanksgiving Day, and Close Three Hours Earlier on November 25","url":"https://stock-news.laohu8.com/highlight/detail?id=1102300737","media":"Tiger Newspress","summary":"November 24th (next Thursday) is Thanksgiving Day. All financial markets in the United States, inclu","content":"<html><head></head><body><p>November 24th (next Thursday) is Thanksgiving Day. All financial markets in the United States, including U.S. stocks, will be closed for one day.</p><p>On November 25th (next Friday),  the Nasdaq and New York Stock Exchange end trading at U.S. Eastern Time 1 p.m. (Beijing time/SGT 2 am on Saturday), and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.</p><p>Stocks in China, Britain, Australia and Singapore will trade as usual.</p><p><img src=\"https://static.tigerbbs.com/967109c79a776bad85e9d7e59f7320d6\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><p><b>Background</b></p><p>Thanksgiving Day is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the harvest and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving Day is celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States and around the same part of the year in other places.</p><p>Black Friday is a colloquial term for the Friday following Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving Day.</p><p><img src=\"https://static.tigerbbs.com/af950d731994581f416aa413e17585d3\" tg-width=\"450\" tg-height=\"281\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: U.S. Stocks Are Closed on November 24 for Thanksgiving Day, and Close Three Hours Earlier on November 25</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\">\nReminder: U.S. Stocks Are Closed on November 24 for Thanksgiving Day, and Close Three Hours Earlier on November 25\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-24 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>November 24th (next Thursday) is Thanksgiving Day. All financial markets in the United States, including U.S. stocks, will be closed for one day.</p><p>On November 25th (next Friday),  the Nasdaq and New York Stock Exchange end trading at U.S. Eastern Time 1 p.m. (Beijing time/SGT 2 am on Saturday), and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.</p><p>Stocks in China, Britain, Australia and Singapore will trade as usual.</p><p><img src=\"https://static.tigerbbs.com/967109c79a776bad85e9d7e59f7320d6\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><p><b>Background</b></p><p>Thanksgiving Day is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the harvest and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving Day is celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States and around the same part of the year in other places.</p><p>Black Friday is a colloquial term for the Friday following Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving Day.</p><p><img src=\"https://static.tigerbbs.com/af950d731994581f416aa413e17585d3\" tg-width=\"450\" tg-height=\"281\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102300737","content_text":"November 24th (next Thursday) is Thanksgiving Day. All financial markets in the United States, including U.S. stocks, will be closed for one day.On November 25th (next Friday),  the Nasdaq and New York Stock Exchange end trading at U.S. Eastern Time 1 p.m. (Beijing time/SGT 2 am on Saturday), and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.Stocks in China, Britain, Australia and Singapore will trade as usual.BackgroundThanksgiving Day is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the harvest and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving Day is celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States and around the same part of the year in other places.Black Friday is a colloquial term for the Friday following Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving Day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988735218,"gmtCreate":1666831214634,"gmtModify":1676537812432,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9988735218","repostId":"1191968759","repostType":4,"repost":{"id":"1191968759","pubTimestamp":1666842903,"share":"https://www.laohu8.com/m/news/1191968759?lang=&edition=full","pubTime":"2022-10-27 11:55","market":"us","language":"en","title":"The 3 Hottest Stocks to Watch This Earnings Season","url":"https://stock-news.laohu8.com/highlight/detail?id=1191968759","media":"InvestorPlace","summary":"These three earnings reports are among the most important for investors to pay attention to.Apple(AA","content":"<html><head></head><body><ul><li>These three earnings reports are among the most important for investors to pay attention to.</li><li><b>Apple</b>(<b>AAPL</b>): All eyes will be on the company’s iPhone 14 sales.</li><li><b>Amazon</b>(<b>AMZN</b>): About 63% of Americans are living paycheck to paycheck.</li><li><b>Exxon Mobil</b>(<b>XOM</b>): Oil giant in prime position to give more money back to shareholders.</li></ul><p>Much like the first half of the year, the second half started out just as rough. However, there are still top stocks to watch. As inflation remains stubbornly high, consumers are struggling. Nearly63% of Americans are now living paycheck to paycheck. Thus, there are clear recession fears brewing. This is based mainly on the fear that the Federal Reserve may be getting far too aggressive with interest rate hikes. That said, there are expectations the Fed may be backing off of its aggressive stance, as to avoid pushing the economy over the edge.</p><p>The world is still dealing with the Russia-Ukraine war. TheInternational Monetary Fundis warning of a global recession. Chinaimposed lockdownsto fight the coronavirus. In short, the world is dealing with a slow-motion train wreck that could get worse before it gets better.</p><p>Earnings season is also under way. While top stocks to watch, such as <b>Coca-Cola</b>(NYSE:<b><u>KO</u></b>), <b>Visa</b>(NYSE:<b><u>V</u></b>), <b>Chipotle</b>(NYSE:<b><u>CMG</u></b>), <b>General Electric</b>(NYSE:<b><u>GE</u></b>), <b>General Motors</b>(NYSE:<b><u>GM</u></b>) and dozens more beat earnings, some big names such as <b>Microsoft</b>(NASDAQ:<b><u>MSFT</u></b>) dipped on its cloud growth miss and weak guidance. Even <b>Alphabet</b>(NASDAQ:<b><u>GOOGL</u></b>) just slipped on a disappointing earnings report.</p><p>We’ll also get earnings from these market-moving heavyweights, too.</p><p><b>Apple (AAPL)</b></p><p>One of the top stocks to watch is <b>Apple</b>(NASDAQ:<b><u>AAPL</u></b>), which will post its fourth quarter earnings on Oct. 27. In this report, all eyes will be on its iPhone 14 sales.</p><p>Investors want to see if the latest release is on pace for a solid growth cycle, or if global macro issues have started to weigh down demand. At the moment, the Street is looking for earnings per share of $1.27 on sales of $88.79 million.</p><p><b>Deutsche Bank</b>(NYSE:<b>DB</b>) analyst Sidney Ho expects Apple earnings to be in line with expectations. In addition, as noted byTheFly.com, “Ho thinks [Apple’s] slower growth is already anticipated by the market, especially given recent media reports suggesting Apple is cutting iPhone orders and the stock pulling back 20% from the August peak. He also believes the company’s ‘strong balance sheet will shine in the current environment,’ supporting its dividend payments and share repurchases totaling $100B annually.”</p><p><b>Morgan Stanley</b>(NYSE:<b>MS</b>) analyst Eric Woodring sees Q4 revenue of $90.1 billion, and December quarter revenue of $133.7 billion. Both would be above analyst expectations. The analyst also says Apple is his top pick, reiterating an overweight rating, with a price target of $177.</p><p>After plummeting from $175 to $135, it appears most of the market’s negativity has been priced in. Unless something shocking is uncovered in the earnings report, I’d like to see the Apple stock challenge prior resistance around $162.50.</p><p><b>Amazon (AMZN)</b></p><p><b>Amazon</b>(NASDAQ:AMZN) will also release earnings on Oct. 27, and is another one of the top stocks to watch. The Street expects the company to earn 22 cents per share on sales of $127.57 billion, as compared to earnings per share of 31 cents on sales of $110.81 billion year over year. There are also concerns that falling consumer demand could have a negative impact on the report, as well. Not helping matters, we have to remember that 63% of Americans are currently living paycheck to paycheck.</p><p>Indeed, many retailers, including Amazon have had to deal with inventory issues. That would explain why Amazon held a second Prime Day shopping event this year. “The good news is the consumer is still spending,”D.A. Davidson analyst Tom Forte told MarketWatch. “The bad news is they’re not spending on e-commerce.”</p><p>We should also note Amazon took a hit earlier this week on Microsoft’s cloud news. As reported byMarketWatch.com, Microsoft’s “Azure grew 35%, a marked slowdown from growth of 40% the previous quarter and 50% a year ago, and forecasts suggests it could fall toward 30% this quarter while overall revenue guidance misses Wall Street’s expectations by more than $2 billion.” Those cloud-growth concerns quickly spread to AMZN shares earlier this week.</p><p>There’s also plenty of news around the idea that Amazon is trying to tighten its operational spending. The company already said it would slow corporate hiring in retail. It also slowed down on opening new warehouses and distribution centers with the economy the way it is. We also have to consider that consumers are likely to tighten their belts this holiday season, with sky-high inflation.</p><p><b>Exxon Mobil (XOM)</b></p><p><b>Exxon Mobil</b>(NYSE:<b>XOM</b>) will post Q3 2022 earnings on Oct. 28. With the recent wild ride higher in the energy sector, companies like Exxon are generating record free cash flows, says analysts at<i>TipRanks.com</i>.They added, “Based on where oil and gas prices hovered during Q3, consensus earnings-per-share estimates point toward $3.81, implying a massive ~141% increase compared to last year, though slightly lower quarter-over-quarter as commodity prices did ease sequentially. Still, Q3 should be a massive quarter for Exxon.”</p><p>The company is also in a prime position to give more money back to shareholders. Exxon already increased its dividend to $15 billion, or $3.52 a share, which could rise further in the coming quarters. In addition, Exxon Mobil said its operating profit could come in around $11 billion from $6.7 billion year over year. Analysts also expect Exxon to pump out earnings per share of $3.80 on sales of $104.6 billion.</p><p>While that all sounds like great news, I do have to point out that XOM is technically overbought on RSI, MACD, and Williams’ %R. I’d wait to buy XOM stock on future pullbacks.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 3 Hottest Stocks to Watch This Earnings Season</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 3 Hottest Stocks to Watch This Earnings Season\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-27 11:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/10/the-3-hottest-stocks-to-watch-this-earnings-season/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These three earnings reports are among the most important for investors to pay attention to.Apple(AAPL): All eyes will be on the company’s iPhone 14 sales.Amazon(AMZN): About 63% of Americans are ...</p>\n\n<a href=\"https://investorplace.com/2022/10/the-3-hottest-stocks-to-watch-this-earnings-season/\">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","XOM":"埃克森美孚","AMZN":"亚马逊"},"source_url":"https://investorplace.com/2022/10/the-3-hottest-stocks-to-watch-this-earnings-season/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191968759","content_text":"These three earnings reports are among the most important for investors to pay attention to.Apple(AAPL): All eyes will be on the company’s iPhone 14 sales.Amazon(AMZN): About 63% of Americans are living paycheck to paycheck.Exxon Mobil(XOM): Oil giant in prime position to give more money back to shareholders.Much like the first half of the year, the second half started out just as rough. However, there are still top stocks to watch. As inflation remains stubbornly high, consumers are struggling. Nearly63% of Americans are now living paycheck to paycheck. Thus, there are clear recession fears brewing. This is based mainly on the fear that the Federal Reserve may be getting far too aggressive with interest rate hikes. That said, there are expectations the Fed may be backing off of its aggressive stance, as to avoid pushing the economy over the edge.The world is still dealing with the Russia-Ukraine war. TheInternational Monetary Fundis warning of a global recession. Chinaimposed lockdownsto fight the coronavirus. In short, the world is dealing with a slow-motion train wreck that could get worse before it gets better.Earnings season is also under way. While top stocks to watch, such as Coca-Cola(NYSE:KO), Visa(NYSE:V), Chipotle(NYSE:CMG), General Electric(NYSE:GE), General Motors(NYSE:GM) and dozens more beat earnings, some big names such as Microsoft(NASDAQ:MSFT) dipped on its cloud growth miss and weak guidance. Even Alphabet(NASDAQ:GOOGL) just slipped on a disappointing earnings report.We’ll also get earnings from these market-moving heavyweights, too.Apple (AAPL)One of the top stocks to watch is Apple(NASDAQ:AAPL), which will post its fourth quarter earnings on Oct. 27. In this report, all eyes will be on its iPhone 14 sales.Investors want to see if the latest release is on pace for a solid growth cycle, or if global macro issues have started to weigh down demand. At the moment, the Street is looking for earnings per share of $1.27 on sales of $88.79 million.Deutsche Bank(NYSE:DB) analyst Sidney Ho expects Apple earnings to be in line with expectations. In addition, as noted byTheFly.com, “Ho thinks [Apple’s] slower growth is already anticipated by the market, especially given recent media reports suggesting Apple is cutting iPhone orders and the stock pulling back 20% from the August peak. He also believes the company’s ‘strong balance sheet will shine in the current environment,’ supporting its dividend payments and share repurchases totaling $100B annually.”Morgan Stanley(NYSE:MS) analyst Eric Woodring sees Q4 revenue of $90.1 billion, and December quarter revenue of $133.7 billion. Both would be above analyst expectations. The analyst also says Apple is his top pick, reiterating an overweight rating, with a price target of $177.After plummeting from $175 to $135, it appears most of the market’s negativity has been priced in. Unless something shocking is uncovered in the earnings report, I’d like to see the Apple stock challenge prior resistance around $162.50.Amazon (AMZN)Amazon(NASDAQ:AMZN) will also release earnings on Oct. 27, and is another one of the top stocks to watch. The Street expects the company to earn 22 cents per share on sales of $127.57 billion, as compared to earnings per share of 31 cents on sales of $110.81 billion year over year. There are also concerns that falling consumer demand could have a negative impact on the report, as well. Not helping matters, we have to remember that 63% of Americans are currently living paycheck to paycheck.Indeed, many retailers, including Amazon have had to deal with inventory issues. That would explain why Amazon held a second Prime Day shopping event this year. “The good news is the consumer is still spending,”D.A. Davidson analyst Tom Forte told MarketWatch. “The bad news is they’re not spending on e-commerce.”We should also note Amazon took a hit earlier this week on Microsoft’s cloud news. As reported byMarketWatch.com, Microsoft’s “Azure grew 35%, a marked slowdown from growth of 40% the previous quarter and 50% a year ago, and forecasts suggests it could fall toward 30% this quarter while overall revenue guidance misses Wall Street’s expectations by more than $2 billion.” Those cloud-growth concerns quickly spread to AMZN shares earlier this week.There’s also plenty of news around the idea that Amazon is trying to tighten its operational spending. The company already said it would slow corporate hiring in retail. It also slowed down on opening new warehouses and distribution centers with the economy the way it is. We also have to consider that consumers are likely to tighten their belts this holiday season, with sky-high inflation.Exxon Mobil (XOM)Exxon Mobil(NYSE:XOM) will post Q3 2022 earnings on Oct. 28. With the recent wild ride higher in the energy sector, companies like Exxon are generating record free cash flows, says analysts atTipRanks.com.They added, “Based on where oil and gas prices hovered during Q3, consensus earnings-per-share estimates point toward $3.81, implying a massive ~141% increase compared to last year, though slightly lower quarter-over-quarter as commodity prices did ease sequentially. Still, Q3 should be a massive quarter for Exxon.”The company is also in a prime position to give more money back to shareholders. Exxon already increased its dividend to $15 billion, or $3.52 a share, which could rise further in the coming quarters. In addition, Exxon Mobil said its operating profit could come in around $11 billion from $6.7 billion year over year. Analysts also expect Exxon to pump out earnings per share of $3.80 on sales of $104.6 billion.While that all sounds like great news, I do have to point out that XOM is technically overbought on RSI, MACD, and Williams’ %R. I’d wait to buy XOM stock on future pullbacks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9064678582,"gmtCreate":1652320431746,"gmtModify":1676535077920,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9064678582","repostId":"1162615578","repostType":4,"repost":{"id":"1162615578","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":1652311699,"share":"https://www.laohu8.com/m/news/1162615578?lang=&edition=full","pubTime":"2022-05-12 07:28","market":"us","language":"en","title":"Apple Is No Longer the World’s Most Valuable Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1162615578","media":"Tiger Newspress","summary":"Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm.Aramco’s marke","content":"<html><head></head><body><p>Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm.</p><p>Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to dollars. Apple, which fell more than 5% during trading in the U.S. on Wednesday, is now worth $2.37 trillion.</p><p>Energy stocks and prices have been rising as investors sell off equities in several industries, including technology, on fears of a deteriorating economic environment. Apple has fallen nearly 20% since its $182.94 peak on Jan. 4.</p><p><img src=\"https://static.tigerbbs.com/2d8a745efe85d6f1fefc52bbee7a7bac\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>The move is mostly symbolic, but it shows how markets are shifting as the global economy grapples with rising interest rates, inflation, and supply chain problems.</p><p>Aramco stock is up over 27% so far in 2022. In March, the oil giant reported that its full-year profit last year more than doubled due to soaring oil prices.</p><p>Apple passed Saudi Aramco to become the world’s most valuable publicly traded company in 2020.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Is No Longer the World’s Most Valuable Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Is No Longer the World’s Most Valuable Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-12 07:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm.</p><p>Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to dollars. Apple, which fell more than 5% during trading in the U.S. on Wednesday, is now worth $2.37 trillion.</p><p>Energy stocks and prices have been rising as investors sell off equities in several industries, including technology, on fears of a deteriorating economic environment. Apple has fallen nearly 20% since its $182.94 peak on Jan. 4.</p><p><img src=\"https://static.tigerbbs.com/2d8a745efe85d6f1fefc52bbee7a7bac\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>The move is mostly symbolic, but it shows how markets are shifting as the global economy grapples with rising interest rates, inflation, and supply chain problems.</p><p>Aramco stock is up over 27% so far in 2022. In March, the oil giant reported that its full-year profit last year more than doubled due to soaring oil prices.</p><p>Apple passed Saudi Aramco to become the world’s most valuable publicly traded company in 2020.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162615578","content_text":"Oil giant Saudi Aramco on Wednesday surpassed Apple as the world’s most valuable firm.Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to dollars. Apple, which fell more than 5% during trading in the U.S. on Wednesday, is now worth $2.37 trillion.Energy stocks and prices have been rising as investors sell off equities in several industries, including technology, on fears of a deteriorating economic environment. Apple has fallen nearly 20% since its $182.94 peak on Jan. 4.The move is mostly symbolic, but it shows how markets are shifting as the global economy grapples with rising interest rates, inflation, and supply chain problems.Aramco stock is up over 27% so far in 2022. In March, the oil giant reported that its full-year profit last year more than doubled due to soaring oil prices.Apple passed Saudi Aramco to become the world’s most valuable publicly traded company in 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952417461,"gmtCreate":1674874065253,"gmtModify":1676538964266,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952417461","repostId":"2306402121","repostType":4,"repost":{"id":"2306402121","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":1674860579,"share":"https://www.laohu8.com/m/news/2306402121?lang=&edition=full","pubTime":"2023-01-28 07:02","market":"us","language":"en","title":"Wall Street Ends Higher, Notches Weekly Gains As Fed Meeting Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=2306402121","media":"Reuters","summary":"PCE: inflation cools along with consumer spendingAmerican Express, Visa climb higher on solid demand","content":"<html><head></head><body><ul><li>PCE: inflation cools along with consumer spending</li><li>American Express, Visa climb higher on solid demand</li><li>Chevron falls after missing profit estimates</li><li>Indexes up: Dow 0.08%, S&amp;P 0.25%, Nasdaq 0.95%</li></ul><p>Wall Street gained ground on Friday, marking the end of an rocky week in which economic data and corporate earnings guidance hinted at softening demand but also economic resiliency ahead of next week&#39;s Federal Reserve monetary policy meeting.</p><p>All three major U.S. stock indexes ended the session green, with the Nasdaq, powered by megacap momentum stocks, enjoying the biggest gain.</p><p>From last Friday&#39;s close, the S&amp;P and the Dow posted their third weekly gains in four, while the tech-laden Nasdaq notched its fourth straight weekly advance.</p><p>So far in the early weeks of 2023, the Nasdaq has jumped 11%, while the S&amp;P 500 and the Dow have gained 6% and 2.5%, respectively.</p><p>&#34;It&#39;s a nice end to another solid week of what&#39;s shaping up to be a historically strong month,&#34; said Ryan Detrick, chief market strategist at Carson Group in Omaha. &#34;It&#39;s a realization that inflation continues to come down quickly and that is alleviating a lot of worries regarding the economy.&#34;</p><p>The Commerce Department&#39;s hotly anticipated personal consumption expenditures (PCE) report arrived largely in line with consensus, showing softening demand and cooling inflation - which is exactly what the Federal Reserve&#39;s restrictive interest rate hikes are intended to accomplish.</p><p>&#34;(The PCE report) is another building block to the inflation data we’ve been seeing recently,&#34; Detrick added. &#34;Supply chains continue to open up and improve, opening the door for the Fed to end its aggressive rate hiking cycle.&#34;</p><p>Fed Chair Jerome Powell has clearly stated that the central bank&#39;s battle against decades-high inflation is far from over, however. Financial markets still believe the central bank will hike the Fed funds target rate by another 25 basis points at the conclusion of next week&#39;s policy meeting.</p><p>Fourth-quarter earnings season is running on all cylinders, with 143 of the companies in the S&amp;P 500 having reported. Of those, 67.8% have beaten Street expectations, slightly better than the 66% long-term average, but well below the 76% beat rate over the past four quarters, according to Refinitiv.</p><p>Analysts now see aggregate S&amp;P 500 earnings falling 2.9% year-on-year, compared with the milder 1.6% annual drop seen on Jan. 1, per Refinitiv.</p><p>The Dow Jones Industrial Average(.DJI)rose 28.67 points, or 0.08%, to 33,978.08, the S&amp;P 500(.SPX)gained 10.13 points, or 0.25%, to 4,070.56 and the Nasdaq Composite(.IXIC)added 109.30 points, or 0.95%, to 11,621.71.</p><p>Among the 11 major sectors of the S&amp;P 500, consumer discretionary(.SPLRCD)led the percentage gainers, while energy(.SPNY)suffered the largest percentage loss, down 2%.</p><p>Shares of Intel Corp(INTC.O)plunged 6.4% after the chipmaker provideddismal earnings projections.</p><p>Chevron Corp(CVX.N)posted record 2022 profit, but its fourth quarter earningsfell short of expectations, dragging the stock down 4.4%.</p><p>Rival payment companies American Express Co(AXP.N)and Visa Inc(V.N)reported consensus-beating results, easing worries of waning consumer demand. There shares jumped 10.5% and 3.0%, respectively.</p><p>Next week, in addition to the Fed meeting and January employment data, a string of high profile earnings reports are on tap, notably from Apple Inc(AAPL.O), Amazon.com(AMZN.O), Alphabet Inc(GOOGL.O)and Meta Platforms(META.O), among others.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.40-to-1 ratio; on Nasdaq, a 1.34-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 15 new 52-week highs and no new lows; the Nasdaq Composite recorded 94 new highs and 32 new lows.</p><p>Volume on U.S. exchanges was 11.88 billion shares, compared with the 11.10 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Ends Higher, Notches Weekly Gains As Fed Meeting Looms</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 Ends Higher, Notches Weekly Gains As Fed Meeting Looms\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\">2023-01-28 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>PCE: inflation cools along with consumer spending</li><li>American Express, Visa climb higher on solid demand</li><li>Chevron falls after missing profit estimates</li><li>Indexes up: Dow 0.08%, S&amp;P 0.25%, Nasdaq 0.95%</li></ul><p>Wall Street gained ground on Friday, marking the end of an rocky week in which economic data and corporate earnings guidance hinted at softening demand but also economic resiliency ahead of next week&#39;s Federal Reserve monetary policy meeting.</p><p>All three major U.S. stock indexes ended the session green, with the Nasdaq, powered by megacap momentum stocks, enjoying the biggest gain.</p><p>From last Friday&#39;s close, the S&amp;P and the Dow posted their third weekly gains in four, while the tech-laden Nasdaq notched its fourth straight weekly advance.</p><p>So far in the early weeks of 2023, the Nasdaq has jumped 11%, while the S&amp;P 500 and the Dow have gained 6% and 2.5%, respectively.</p><p>&#34;It&#39;s a nice end to another solid week of what&#39;s shaping up to be a historically strong month,&#34; said Ryan Detrick, chief market strategist at Carson Group in Omaha. &#34;It&#39;s a realization that inflation continues to come down quickly and that is alleviating a lot of worries regarding the economy.&#34;</p><p>The Commerce Department&#39;s hotly anticipated personal consumption expenditures (PCE) report arrived largely in line with consensus, showing softening demand and cooling inflation - which is exactly what the Federal Reserve&#39;s restrictive interest rate hikes are intended to accomplish.</p><p>&#34;(The PCE report) is another building block to the inflation data we’ve been seeing recently,&#34; Detrick added. &#34;Supply chains continue to open up and improve, opening the door for the Fed to end its aggressive rate hiking cycle.&#34;</p><p>Fed Chair Jerome Powell has clearly stated that the central bank&#39;s battle against decades-high inflation is far from over, however. Financial markets still believe the central bank will hike the Fed funds target rate by another 25 basis points at the conclusion of next week&#39;s policy meeting.</p><p>Fourth-quarter earnings season is running on all cylinders, with 143 of the companies in the S&amp;P 500 having reported. Of those, 67.8% have beaten Street expectations, slightly better than the 66% long-term average, but well below the 76% beat rate over the past four quarters, according to Refinitiv.</p><p>Analysts now see aggregate S&amp;P 500 earnings falling 2.9% year-on-year, compared with the milder 1.6% annual drop seen on Jan. 1, per Refinitiv.</p><p>The Dow Jones Industrial Average(.DJI)rose 28.67 points, or 0.08%, to 33,978.08, the S&amp;P 500(.SPX)gained 10.13 points, or 0.25%, to 4,070.56 and the Nasdaq Composite(.IXIC)added 109.30 points, or 0.95%, to 11,621.71.</p><p>Among the 11 major sectors of the S&amp;P 500, consumer discretionary(.SPLRCD)led the percentage gainers, while energy(.SPNY)suffered the largest percentage loss, down 2%.</p><p>Shares of Intel Corp(INTC.O)plunged 6.4% after the chipmaker provideddismal earnings projections.</p><p>Chevron Corp(CVX.N)posted record 2022 profit, but its fourth quarter earningsfell short of expectations, dragging the stock down 4.4%.</p><p>Rival payment companies American Express Co(AXP.N)and Visa Inc(V.N)reported consensus-beating results, easing worries of waning consumer demand. There shares jumped 10.5% and 3.0%, respectively.</p><p>Next week, in addition to the Fed meeting and January employment data, a string of high profile earnings reports are on tap, notably from Apple Inc(AAPL.O), Amazon.com(AMZN.O), Alphabet Inc(GOOGL.O)and Meta Platforms(META.O), among others.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.40-to-1 ratio; on Nasdaq, a 1.34-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 15 new 52-week highs and no new lows; the Nasdaq Composite recorded 94 new highs and 32 new lows.</p><p>Volume on U.S. exchanges was 11.88 billion shares, compared with the 11.10 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4141":"半导体产品","LHDX":"Lucira Health, Inc.","LABP":"Landos Biopharma, Inc.","BK4581":"高盛持仓","BK4512":"苹果概念","BK4504":"桥水持仓","CGEM":"Cullinan Therapeutics","SDOW":"道指三倍做空ETF-ProShares","SSO":"两倍做多标普500ETF","DDM":"道指两倍做多ETF","SDS":"两倍做空标普500ETF","BK4529":"IDC概念","APR":"Apria, Inc.","BK4559":"巴菲特持仓",".DJI":"道琼斯","SH":"标普500反向ETF","DOG":"道指反向ETF",".IXIC":"NASDAQ Composite","BK4554":"元宇宙及AR概念","OEX":"标普100","SANA":"Sana Biotechnology, Inc.",".SPX":"S&P 500 Index","BK4515":"5G概念","DXD":"道指两倍做空ETF","SPXU":"三倍做空标普500ETF","BK4585":"ETF&股票定投概念","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","BK4534":"瑞士信贷持仓","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","BK4139":"生物科技","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4007":"制药","UDOW":"道指三倍做多ETF-ProShares","BK4575":"芯片概念","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF","BK4196":"保健护理服务","INTC":"英特尔","IVV":"标普500指数ETF","BK4082":"医疗保健设备","DJX":"1/100道琼斯","BK4535":"淡马锡持仓","BK4527":"明星科技股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306402121","content_text":"PCE: inflation cools along with consumer spendingAmerican Express, Visa climb higher on solid demandChevron falls after missing profit estimatesIndexes up: Dow 0.08%, S&P 0.25%, Nasdaq 0.95%Wall Street gained ground on Friday, marking the end of an rocky week in which economic data and corporate earnings guidance hinted at softening demand but also economic resiliency ahead of next week's Federal Reserve monetary policy meeting.All three major U.S. stock indexes ended the session green, with the Nasdaq, powered by megacap momentum stocks, enjoying the biggest gain.From last Friday's close, the S&P and the Dow posted their third weekly gains in four, while the tech-laden Nasdaq notched its fourth straight weekly advance.So far in the early weeks of 2023, the Nasdaq has jumped 11%, while the S&P 500 and the Dow have gained 6% and 2.5%, respectively.\"It's a nice end to another solid week of what's shaping up to be a historically strong month,\" said Ryan Detrick, chief market strategist at Carson Group in Omaha. \"It's a realization that inflation continues to come down quickly and that is alleviating a lot of worries regarding the economy.\"The Commerce Department's hotly anticipated personal consumption expenditures (PCE) report arrived largely in line with consensus, showing softening demand and cooling inflation - which is exactly what the Federal Reserve's restrictive interest rate hikes are intended to accomplish.\"(The PCE report) is another building block to the inflation data we’ve been seeing recently,\" Detrick added. \"Supply chains continue to open up and improve, opening the door for the Fed to end its aggressive rate hiking cycle.\"Fed Chair Jerome Powell has clearly stated that the central bank's battle against decades-high inflation is far from over, however. Financial markets still believe the central bank will hike the Fed funds target rate by another 25 basis points at the conclusion of next week's policy meeting.Fourth-quarter earnings season is running on all cylinders, with 143 of the companies in the S&P 500 having reported. Of those, 67.8% have beaten Street expectations, slightly better than the 66% long-term average, but well below the 76% beat rate over the past four quarters, according to Refinitiv.Analysts now see aggregate S&P 500 earnings falling 2.9% year-on-year, compared with the milder 1.6% annual drop seen on Jan. 1, per Refinitiv.The Dow Jones Industrial Average(.DJI)rose 28.67 points, or 0.08%, to 33,978.08, the S&P 500(.SPX)gained 10.13 points, or 0.25%, to 4,070.56 and the Nasdaq Composite(.IXIC)added 109.30 points, or 0.95%, to 11,621.71.Among the 11 major sectors of the S&P 500, consumer discretionary(.SPLRCD)led the percentage gainers, while energy(.SPNY)suffered the largest percentage loss, down 2%.Shares of Intel Corp(INTC.O)plunged 6.4% after the chipmaker provideddismal earnings projections.Chevron Corp(CVX.N)posted record 2022 profit, but its fourth quarter earningsfell short of expectations, dragging the stock down 4.4%.Rival payment companies American Express Co(AXP.N)and Visa Inc(V.N)reported consensus-beating results, easing worries of waning consumer demand. There shares jumped 10.5% and 3.0%, respectively.Next week, in addition to the Fed meeting and January employment data, a string of high profile earnings reports are on tap, notably from Apple Inc(AAPL.O), Amazon.com(AMZN.O), Alphabet Inc(GOOGL.O)and Meta Platforms(META.O), among others.Advancing issues outnumbered declining ones on the NYSE by a 1.40-to-1 ratio; on Nasdaq, a 1.34-to-1 ratio favored advancers.The S&P 500 posted 15 new 52-week highs and no new lows; the Nasdaq Composite recorded 94 new highs and 32 new lows.Volume on U.S. exchanges was 11.88 billion shares, compared with the 11.10 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921368345,"gmtCreate":1670979524688,"gmtModify":1676538469944,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9921368345","repostId":"2291479180","repostType":4,"repost":{"id":"2291479180","pubTimestamp":1671003913,"share":"https://www.laohu8.com/m/news/2291479180?lang=&edition=full","pubTime":"2022-12-14 15:45","market":"us","language":"en","title":"Nasdaq Bear Market: 2 Stocks I'd Buy With No Hesitation","url":"https://stock-news.laohu8.com/highlight/detail?id=2291479180","media":"Motley Fool","summary":"After shocking 2022 declines, these stocks could move markets in 2023.","content":"<html><head></head><body><p>The question is asked often these days. &#34;How will we know when the bear market is over?&#34; Unfortunately, investors will only know this once the market reaches new highs -- and that&#39;s too late to harvest the most fruitful profits.</p><p>There isn&#39;t a reliable way to know when the market has reached its lows (if there were, the market wouldn&#39;t really work, right?). But there is one thing we <i>do</i> know. It will end, and we will thank ourselves for buying first-rate companies at a discount when it does.</p><p>The <b>Nasdaq Composite</b> is down more than 30% year to date, marking its most significant drawdown from its high since the Great Recession, as shown below.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b8938e25f83281e22b782f6a0602d2e5\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/><span>^IXIC data by YCharts</span></p><p>While it could still fall further, this is a tremendous opportunity for investors to dollar-cost average into positions. After all, those who didn&#39;t hit the exact bottom of previous drawdowns are sitting on massive profits. Here is the same chart from above in actual dollars.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c49216266002a73e18de4881ed4c0000\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/><span>^IXIC data by YCharts</span></p><p>As this shows, timing a bottom isn&#39;t necessary; disciplined investing in the world&#39;s preeminent companies consistently is. <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> and <b>Walt Disney</b> are two beaten-down examples.</p><h2>Adobe looks unreasonably discounted</h2><p>Last year, more than 400 billion PDFs were opened, 90% of creative professionals rely on Adobe Photoshop, and 165 million folks have joined the creative economy since 2020. Fresh content is vital for businesses, advertisers, creative professionals, and others, and Adobe products make it happen.</p><p>Meanwhile, the company reported record fiscal third-quarter 2022 revenue ($4.43 billion on 13% growth), generally accepted accounting principles (GAAP) operating income of $1.5 billion, and cash from operations of $1.7 billion (up 20% year over year). This doesn&#39;t seem like a troubled business. Yet, the stock is down 41% year to date.</p><p>Much of the decline stems from Wall Street&#39;s short-sighted, pessimistic reaction to Adobe acquiring cloud-based design software company Figma. The price for Figma was steep at 50 times expected 2022 sales, but there is much more than meets the eye.</p><p>This deal is forward-looking because it allows Adobe to:</p><ul><li>Stay on the cutting edge. Tech workers love Figma, and this deal nets Adobe perhaps the best collaborative real-time editing software on the market.</li><li>Leverage Figma&#39;s 100% annual recurring revenue growth, 90% gross margins, and estimated $16.5 billion 2025 annual addressable market.</li><li>Keep Figma out of the hands of competitors.</li></ul><p>The deal that now looks expensive may be considered prescient in a few short years.</p><p>As shown below, Adobe stock trades well off its average price-to-earnings and price-to-free-cash-flow ratios.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8d4d82de3550f96f2e97ab9f9e382828\" tg-width=\"720\" tg-height=\"463\" referrerpolicy=\"no-referrer\"/><span>ADBE PE Ratio data by YCharts</span></p><p>It&#39;s time for investors to consider Adobe for the long term.</p><h2>Former CEO returns to turn around Disney</h2><p>Disney shocked the market just before Thanksgiving with the return of former CEO Bob Iger. Investors hope this can spur results as the stock trades near its March 2020 pandemic crash lows and down 40% year to date.</p><p>Iger will earn just $1 million in salary, but annual stock awards are targeted at $25 million annually. This stock-based compensation keeps his goals aligned with those of long-suffering shareholders.</p><p>Disney structures itself in two segments. Media and entertainment distribution (media) sales stem from licensing, cable television channels (ABC, ESPN, Disney Channel, etc.), and streaming services like Disney+, Hulu, and ESPN+. Meanwhile, the parks, experiences, and products (experiences) division encompasses theme parks, cruises, and resorts.</p><p>The experiences segment&#39;s sales and profits have fully recovered from the pandemic, reaching new highs in fiscal 2022, as shown in the chart below.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c12ada3e49ff0e4334e6ba8bdc2735fd\" tg-width=\"700\" tg-height=\"269\" referrerpolicy=\"no-referrer\"/><span>Data source: Disney. Chart by author.</span></p><p>The streaming wars are on and taking a toll on Disney&#39;s media profits. Sales rose 8% to $55 billion, but operating income fell 42% to just $4.2 billion in fiscal 2022. Disney is going toe to toe with Netflix, adding 57 million subscribers in fiscal 2022 to reach 235 million subscribers across its platforms.</p><p>With Iger back in the fold, Disney+ is looking to increase profits with its new ad-supported subscription offering. According to Statista, 45% of subscribers plan to use the lower-cost ad-supported plan, which could be a significant boon to Disney&#39;s profits. Iger has also pledged to empower the company&#39;s creators and restructure costs.</p><p>The turnaround won&#39;t happen overnight -- there is much work to do. Investors can take solace that Disney is determined to change, and the stock can be bought near its pandemic-crash lows. One thing is sure: The Disney brand is irreplaceable.</p><p>Bear markets are disheartening. No one likes to see hard-earned money slipping away. But there are terrific values available. Even though the market can&#39;t go up every year, it&#39;s still the best long-term wealth-building mechanism around.</p></body></html>","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>Nasdaq Bear Market: 2 Stocks I'd Buy With No Hesitation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq Bear Market: 2 Stocks I'd Buy With No Hesitation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-14 15:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/13/nasdaq-bear-market-2-stocks-id-buy-with-no-hesitat/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The question is asked often these days. \"How will we know when the bear market is over?\" Unfortunately, investors will only know this once the market reaches new highs -- and that's too late to ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/13/nasdaq-bear-market-2-stocks-id-buy-with-no-hesitat/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4532":"文艺复兴科技持仓","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","BK4567":"ESG概念","BK4108":"电影和娱乐","BK4585":"ETF&股票定投概念","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4524":"宅经济概念","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","ADBE":"Adobe","BK4527":"明星科技股","BK4550":"红杉资本持仓","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4023":"应用软件","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4551":"寇图资本持仓","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","BK4561":"索罗斯持仓","BK4581":"高盛持仓","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","DIS":"迪士尼","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","BK4528":"SaaS概念","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","BK4554":"元宇宙及AR概念"},"source_url":"https://www.fool.com/investing/2022/12/13/nasdaq-bear-market-2-stocks-id-buy-with-no-hesitat/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2291479180","content_text":"The question is asked often these days. \"How will we know when the bear market is over?\" Unfortunately, investors will only know this once the market reaches new highs -- and that's too late to harvest the most fruitful profits.There isn't a reliable way to know when the market has reached its lows (if there were, the market wouldn't really work, right?). But there is one thing we do know. It will end, and we will thank ourselves for buying first-rate companies at a discount when it does.The Nasdaq Composite is down more than 30% year to date, marking its most significant drawdown from its high since the Great Recession, as shown below.^IXIC data by YChartsWhile it could still fall further, this is a tremendous opportunity for investors to dollar-cost average into positions. After all, those who didn't hit the exact bottom of previous drawdowns are sitting on massive profits. Here is the same chart from above in actual dollars.^IXIC data by YChartsAs this shows, timing a bottom isn't necessary; disciplined investing in the world's preeminent companies consistently is. Adobe and Walt Disney are two beaten-down examples.Adobe looks unreasonably discountedLast year, more than 400 billion PDFs were opened, 90% of creative professionals rely on Adobe Photoshop, and 165 million folks have joined the creative economy since 2020. Fresh content is vital for businesses, advertisers, creative professionals, and others, and Adobe products make it happen.Meanwhile, the company reported record fiscal third-quarter 2022 revenue ($4.43 billion on 13% growth), generally accepted accounting principles (GAAP) operating income of $1.5 billion, and cash from operations of $1.7 billion (up 20% year over year). This doesn't seem like a troubled business. Yet, the stock is down 41% year to date.Much of the decline stems from Wall Street's short-sighted, pessimistic reaction to Adobe acquiring cloud-based design software company Figma. The price for Figma was steep at 50 times expected 2022 sales, but there is much more than meets the eye.This deal is forward-looking because it allows Adobe to:Stay on the cutting edge. Tech workers love Figma, and this deal nets Adobe perhaps the best collaborative real-time editing software on the market.Leverage Figma's 100% annual recurring revenue growth, 90% gross margins, and estimated $16.5 billion 2025 annual addressable market.Keep Figma out of the hands of competitors.The deal that now looks expensive may be considered prescient in a few short years.As shown below, Adobe stock trades well off its average price-to-earnings and price-to-free-cash-flow ratios.ADBE PE Ratio data by YChartsIt's time for investors to consider Adobe for the long term.Former CEO returns to turn around DisneyDisney shocked the market just before Thanksgiving with the return of former CEO Bob Iger. Investors hope this can spur results as the stock trades near its March 2020 pandemic crash lows and down 40% year to date.Iger will earn just $1 million in salary, but annual stock awards are targeted at $25 million annually. This stock-based compensation keeps his goals aligned with those of long-suffering shareholders.Disney structures itself in two segments. Media and entertainment distribution (media) sales stem from licensing, cable television channels (ABC, ESPN, Disney Channel, etc.), and streaming services like Disney+, Hulu, and ESPN+. Meanwhile, the parks, experiences, and products (experiences) division encompasses theme parks, cruises, and resorts.The experiences segment's sales and profits have fully recovered from the pandemic, reaching new highs in fiscal 2022, as shown in the chart below.Data source: Disney. Chart by author.The streaming wars are on and taking a toll on Disney's media profits. Sales rose 8% to $55 billion, but operating income fell 42% to just $4.2 billion in fiscal 2022. Disney is going toe to toe with Netflix, adding 57 million subscribers in fiscal 2022 to reach 235 million subscribers across its platforms.With Iger back in the fold, Disney+ is looking to increase profits with its new ad-supported subscription offering. According to Statista, 45% of subscribers plan to use the lower-cost ad-supported plan, which could be a significant boon to Disney's profits. Iger has also pledged to empower the company's creators and restructure costs.The turnaround won't happen overnight -- there is much work to do. Investors can take solace that Disney is determined to change, and the stock can be bought near its pandemic-crash lows. One thing is sure: The Disney brand is irreplaceable.Bear markets are disheartening. No one likes to see hard-earned money slipping away. But there are terrific values available. Even though the market can't go up every year, it's still the best long-term wealth-building mechanism around.","news_type":1},"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963609420,"gmtCreate":1668652654060,"gmtModify":1676538091383,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9963609420","repostId":"2284784485","repostType":4,"repost":{"id":"2284784485","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":1668633616,"share":"https://www.laohu8.com/m/news/2284784485?lang=&edition=full","pubTime":"2022-11-17 05:20","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Down After Target Outlook, Micron Supply Cut","url":"https://stock-news.laohu8.com/highlight/detail?id=2284784485","media":"Reuters","summary":"(Reuters) - Wall Street's main indexes ended lower on Wednesday as a grim outlook from Target spurre","content":"<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes ended lower on Wednesday as a grim outlook from Target spurred fresh concerns about retailers heading into the crucial holiday season, while semiconductor shares slid after Micron&#39;s supply cut.</p><p>Shares of Target Corp tumbled 13.1% after the big-box retailer forecast a surprise drop in holiday-quarter sales.</p><p>Retail stocks slumped broadly, including declines of over 8% in shares of Macy&#39;s Inc and Best Buy Co Inc and a 7% drop for Foot Locker. The S&amp;P 500 consumer discretionary sector shed 1.5%.</p><p>Micron Technology shares dropped 6.7% after the company said it would reduce memory chip supply and make more cuts to its capital spending plan. The S&amp;P 500 information technology sector fell 1.4% and the Philadelphia SE Semiconductor index sank 4.3%.</p><p>“The biggest sector issue is Target’s earnings and what that means for retail and consumer spending in general. I think that has kind of set the tone for the market,&#34; said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.</p><p>The Micron news “is certainly causing some tech investors to take some of these short term profits off the table because it still appears like the fundamentals are still not great in the tech space,” Carlson said.</p><p>The Dow Jones Industrial Average fell 39.09 points, or 0.12%, to 33,553.83, the S&amp;P 500 lost 32.94 points, or 0.83%, to 3,958.79 and the Nasdaq Composite dropped 174.75 points, or 1.54%, to 11,183.66.</p><p>Gains in defensive areas such as utilities and consumer staples helped mitigate the S&amp;P 500&#39;s losses. The utilities sector rose 0.9%, while staples gained 0.5%.</p><p>Despite the sales warning from Target, data showed U.S. retail sales increased more than expected in October as households stepped up purchases of motor vehicles, suggesting consumer spending picked up early in the fourth quarter.</p><p>Elsewhere in retail, shares of Lowe&#39;s rose 3% after the home improvement company raised its annual profit forecast.</p><p>Stocks had staged a big rally over the past month, after softer-than-expected inflation data raised hopes the U.S. Federal Reserve could get less aggressive with interest rate hikes.</p><p>&#34;The market had seen a good run-up from those lows and had continued to move higher,&#34; said George Catrambone, head of Americas trading at <a href=\"https://laohu8.com/S/DWS.AU\">DWS</a> Group. &#34;The market has a lot to think about and digest as we get into year end.&#34;</p><p>Fed Governor Christopher Waller, an early and outspoken inflation hawk, said he is now &#34;more comfortable&#34; with smaller rate increases going forward after data showed price increases slowing.</p><p>Investors also were watching geopolitical tensions. A missile that hit Poland was probably a stray fired by Ukraine&#39;s air defenses and not a Russian strike, Poland and NATO said, easing global concern that the war in Ukraine could spill across the border.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 2.23-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 3 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 71 new highs and 133 new lows.</p><p>About 10.5 billion shares changed hands in U.S. exchanges, compared with the 12.2 billion daily average over the last 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Down After Target Outlook, Micron Supply Cut</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 STOCKS-Wall Street Ends Down After Target Outlook, Micron Supply Cut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-17 05:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes ended lower on Wednesday as a grim outlook from Target spurred fresh concerns about retailers heading into the crucial holiday season, while semiconductor shares slid after Micron&#39;s supply cut.</p><p>Shares of Target Corp tumbled 13.1% after the big-box retailer forecast a surprise drop in holiday-quarter sales.</p><p>Retail stocks slumped broadly, including declines of over 8% in shares of Macy&#39;s Inc and Best Buy Co Inc and a 7% drop for Foot Locker. The S&amp;P 500 consumer discretionary sector shed 1.5%.</p><p>Micron Technology shares dropped 6.7% after the company said it would reduce memory chip supply and make more cuts to its capital spending plan. The S&amp;P 500 information technology sector fell 1.4% and the Philadelphia SE Semiconductor index sank 4.3%.</p><p>“The biggest sector issue is Target’s earnings and what that means for retail and consumer spending in general. I think that has kind of set the tone for the market,&#34; said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.</p><p>The Micron news “is certainly causing some tech investors to take some of these short term profits off the table because it still appears like the fundamentals are still not great in the tech space,” Carlson said.</p><p>The Dow Jones Industrial Average fell 39.09 points, or 0.12%, to 33,553.83, the S&amp;P 500 lost 32.94 points, or 0.83%, to 3,958.79 and the Nasdaq Composite dropped 174.75 points, or 1.54%, to 11,183.66.</p><p>Gains in defensive areas such as utilities and consumer staples helped mitigate the S&amp;P 500&#39;s losses. The utilities sector rose 0.9%, while staples gained 0.5%.</p><p>Despite the sales warning from Target, data showed U.S. retail sales increased more than expected in October as households stepped up purchases of motor vehicles, suggesting consumer spending picked up early in the fourth quarter.</p><p>Elsewhere in retail, shares of Lowe&#39;s rose 3% after the home improvement company raised its annual profit forecast.</p><p>Stocks had staged a big rally over the past month, after softer-than-expected inflation data raised hopes the U.S. Federal Reserve could get less aggressive with interest rate hikes.</p><p>&#34;The market had seen a good run-up from those lows and had continued to move higher,&#34; said George Catrambone, head of Americas trading at <a href=\"https://laohu8.com/S/DWS.AU\">DWS</a> Group. &#34;The market has a lot to think about and digest as we get into year end.&#34;</p><p>Fed Governor Christopher Waller, an early and outspoken inflation hawk, said he is now &#34;more comfortable&#34; with smaller rate increases going forward after data showed price increases slowing.</p><p>Investors also were watching geopolitical tensions. A missile that hit Poland was probably a stray fired by Ukraine&#39;s air defenses and not a Russian strike, Poland and NATO said, easing global concern that the war in Ukraine could spill across the border.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 2.23-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 3 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 71 new highs and 133 new lows.</p><p>About 10.5 billion shares changed hands in U.S. exchanges, compared with the 12.2 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284784485","content_text":"(Reuters) - Wall Street's main indexes ended lower on Wednesday as a grim outlook from Target spurred fresh concerns about retailers heading into the crucial holiday season, while semiconductor shares slid after Micron's supply cut.Shares of Target Corp tumbled 13.1% after the big-box retailer forecast a surprise drop in holiday-quarter sales.Retail stocks slumped broadly, including declines of over 8% in shares of Macy's Inc and Best Buy Co Inc and a 7% drop for Foot Locker. The S&P 500 consumer discretionary sector shed 1.5%.Micron Technology shares dropped 6.7% after the company said it would reduce memory chip supply and make more cuts to its capital spending plan. The S&P 500 information technology sector fell 1.4% and the Philadelphia SE Semiconductor index sank 4.3%.“The biggest sector issue is Target’s earnings and what that means for retail and consumer spending in general. I think that has kind of set the tone for the market,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.The Micron news “is certainly causing some tech investors to take some of these short term profits off the table because it still appears like the fundamentals are still not great in the tech space,” Carlson said.The Dow Jones Industrial Average fell 39.09 points, or 0.12%, to 33,553.83, the S&P 500 lost 32.94 points, or 0.83%, to 3,958.79 and the Nasdaq Composite dropped 174.75 points, or 1.54%, to 11,183.66.Gains in defensive areas such as utilities and consumer staples helped mitigate the S&P 500's losses. The utilities sector rose 0.9%, while staples gained 0.5%.Despite the sales warning from Target, data showed U.S. retail sales increased more than expected in October as households stepped up purchases of motor vehicles, suggesting consumer spending picked up early in the fourth quarter.Elsewhere in retail, shares of Lowe's rose 3% after the home improvement company raised its annual profit forecast.Stocks had staged a big rally over the past month, after softer-than-expected inflation data raised hopes the U.S. Federal Reserve could get less aggressive with interest rate hikes.\"The market had seen a good run-up from those lows and had continued to move higher,\" said George Catrambone, head of Americas trading at DWS Group. \"The market has a lot to think about and digest as we get into year end.\"Fed Governor Christopher Waller, an early and outspoken inflation hawk, said he is now \"more comfortable\" with smaller rate increases going forward after data showed price increases slowing.Investors also were watching geopolitical tensions. A missile that hit Poland was probably a stray fired by Ukraine's air defenses and not a Russian strike, Poland and NATO said, easing global concern that the war in Ukraine could spill across the border.Declining issues outnumbered advancing ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 2.23-to-1 ratio favored decliners.The S&P 500 posted 3 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 71 new highs and 133 new lows.About 10.5 billion shares changed hands in U.S. exchanges, compared with the 12.2 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986865611,"gmtCreate":1666924026134,"gmtModify":1676537832356,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9986865611","repostId":"1110500830","repostType":4,"repost":{"id":"1110500830","pubTimestamp":1666929244,"share":"https://www.laohu8.com/m/news/1110500830?lang=&edition=full","pubTime":"2022-10-28 11:54","market":"us","language":"en","title":"Is Amazon A Buy After Q3 2022 Earnings? The Cloud Is Dissipating","url":"https://stock-news.laohu8.com/highlight/detail?id=1110500830","media":"Seeking Alpha","summary":"SummaryFor Amazon, a \"dissipating cloud\" does not necessarily imply a positive connotation.AWS, Amaz","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>For Amazon, a &#34;dissipating cloud&#34; does not necessarily imply a positive connotation.</li><li>AWS, Amazon&#39;s cloud, has been key to supporting the stock&#39;s valuation this year, as its core commerce business reels from both an internal mismanagement on utilization and looming consumer weakness.</li><li>But even then, the strength of the cloud is going, with AWS showing more prominent signs of structural deceleration during the third quarter.</li><li>This might expose the stock to further downtrends in tandem with broader market declines within the near term, as investors adjust expectations, creating a compelling risk/reward opportunity for Amazon&#39;s ultimate recovery once cyclical headwinds subside.</li></ul><p>Amazon&#39;s stock (NASDAQ: AMZN) has lost more than 30% of its market value this year. Investor confidence in the stock has been weak since Amazon’s core commerce business took a sharp turn from the pandemic-era boom to underutilization earlier in the year. The inefficiencies had left Amazon in a scramble for aggressive cost-cutting opportunities – spanning abandoned capacity expansion to swift shutdowns of unprofitable projects. And now a looming economic downturn risks spurring further consumer weakness ahead, casting a shadow over any possibilities for a rapid recovery in its core commerce business within the near term. This is further corroborated by management’s conservative view on prospects in the current quarter, projecting 2% to 8% revenue growth inclusive of FX headwinds, despite cautious market optimism for a seasonality-driven boost in the current quarter.</p><p>Meanwhile, AWS has largely been the backbone of any bullish thesis supporting the stock this year, making up for the core commerce moat’s shortfall as a result of both earlier mismanagement on capacity and utilization, and impacts of the unexpected economic downturn that has come down hard and fast. Yet, the AWS cloud that has largely shielded Amazon from a greater selloff is showing signs of dissipation. While AWS take-rates in the third quarter remained resilient, with cloud spending amongst the IT environment still viewed as critical to stay economically and operationally competitive, there are growing signs of market share erosion – which has long been expected given the massive magnitude of the segment and long streak of double-digit growth that appears to be falling behind that of peers. While Wall Street as long been unanimously bullish on Amazon, we believe that link is starting to weaken, especially as AWS’ impressive growth streak is starting to show early signs of moderation.</p><p>Amazon&#39;s stock currently trades at a whopping 70x forward earnings, while the large-cap peer group trades at an average of about 28x. However, it is important to consider that the company’s margins have been battered this year due to non-cyclical factors (e.g., utilization mismanagement), which has contributed to a significant diversion between its earnings and sales valuation multiples. By taking Amazon’s sales multiples (e.g., forward EV/sales and forward price/sales) as a gauge for its market value relative to peers instead, which makes a better reflection of its normalized business performance relative to peers’, the stock remains undervalued, supporting longer-term upside potential.</p><p>However, given Amazon’s dissipating cloud strength, and ongoing consumer weakness that will continue to put pressure on its core commerce business within the near term, the stock will likely be subject to greater vulnerability to volatile market sentiment over the coming months until the macro-overhang subsides. This is especially true given investors’ increasing preference for profitability under the current market climate – meaning that while core commerce’s profit margin improvement in the third quarter is welcomed, it will need to ratchet up further at a sustained pace to keep up with anticipated deceleration in AWS, and alleviate the latter’s burden of having to carry Amazon’s consolidated valuation prospects.</p><p><b>Is AWS At Risk?</b></p><p>AWS is currently the leading public cloud service vendor, accounting for about a third of the global market share. It also continues to lead its key rivals, namely Microsoft’s Azure(MSFT) and Alphabet’sGoogle Cloud Platform(GOOG/GOOGL), by wide margins. Specifically, Azure is a distant second, commanding about 20% of the global cloud market, and GCP about 10% in third place.</p><p>AWS has been a key driver of Amazon’s valuation given its impressive growth and margin expansion trajectory, acting as a key “barometer” of the company’s future prospects – especially in recent quarters, compensating for the growth slowdown and deteriorating profit margins in the core commerce segment. Despite Amazon’s likely conservative outlook for AWS implied through modest consolidated growth for the current quarter – which we view as a welcomed and reasonable move to temper investors’ expectations given the business’ massive size, and consistent with Azure’s modest guidance earlier this week. It is important to recognize that cloud spending remains resilient given “secular shift and prioritization for corporates”.</p><p>Yet, after sustaining more than six quarters of consecutive 30%-plus y/y growth, the segment is starting to show signs of structural deceleration, with third quarter growth coming in at 28% on a constant currency basis compared to the same period last year – an imminent occurrence given its massive magnitude of growth and business volume achieved in recent years. AWS’ multi-year compounded annual growth rate in the past five years has moderated to about 26%, while Azure’s is at the 40%-range and GCP at the high-30%-range.</p><p>And while AWS remains the unmatched market leader by wide margins, the gap is gradually narrowing. Specifically, recent third-party data shows that spending intentions for Azure and GCP are on the rise, as corporates turn to a multi-cloud strategy for benefits that include “risk mitigation, reliability/redundancy, multi-function availability, and mostly importantly, cost-efficiencies”.</p><p>Given AWS is already the dominant public cloud service vendor on the market, it is hard for it to take further advantage of increasing multi-cloud momentum. In a recent sentiment check survey performed by RBC Capital Markets, about 57% of corporates looking to ramp up investments in cloud have noted AWS as a potential beneficiary over the next 12 months, compared with 73% for GCP and 71% for Azure. AWS is also starting to lose share to key rival Azure amongst large enterprise cloud spending – the latter has taken over AWS as the leading public cloud service provider for enterprises generating more than $5 billion in annual revenues, acquiring more than 50% share in the cohort while AWS only captures a little more than 30%. And while AWS remains the market share leader in the largest cloud spending segments – namely, medium-sized enterprises with annual revenues spanning $1 billion and $5 billion, and small enterprises with annual revenues of less than $1 billion – rivals Azure and GCP are catching up fast. AWS currently commands about 60% of global cloud market share across medium-sized enterprises, while Azure accounts for more than 40%; and across small enterprises, AWS commands about a 40% share while Azure and GCP account for 30%.</p><p><b>Implications of a Potential AWS Slowdown</b></p><p>What these trends, paired with tempered expectations from management’s forward guidance provided, imply is that AWS is likely headed towards the beginning of moderation, with its high-flying growth coming to a gradual deceleration as it continues to take advantage of secular demand for cloud-computing solutions over coming years. Meanwhile, the rapid growth it once enjoyed will now likely rotate to peers as they benefit from the increasing adoption of a multi-cloud strategy across the corporate sector, effectively narrowing their respective market shares’ distance from AWS’.</p><p>With AWS being Amazon’s core profit engine, the increasing pace of moderation will likely bode unfavourably for the stock’s near-term performance – especially as its core commerce segment also reels from souring consumer sentiment ahead of a cyclical downturn. This means whatever Amazon is doing now to improve its core commerce’s growth and profit margins – whether it is slashing budgets for non-profitable projects, dialing down the pace of fulfilment capacity expansion, slowing the pace of hiring, and/or improved value proposition to drive increased Prime demand – needs step it up a notch further, as AWS’ strength may not overshadow core commerce’s near-term weakness much longer to uphold Amazon’s valuation prospects.</p><p>Looking ahead, these trends may also push investors to look for new areas of growth and profitability in the company – especially advertising, which represents another secular demand environment as digital ad formats rapidly displace traditional channels like linear TV, radio and paper. As discussed in our previous coverage on the stock, Amazon’s advertising business benefits greatly from its first-party data advantage, which reduces reliance on third-party user data that now faces “signal [loss] dynamics” stemming from Apple’s (AAPL)privacy policy changes implemented last year. The value of this competitive advantage is further corroborated by resilience and momentum demonstrated in Amazon’s advertising business (+30% y/y; +9% q/q) in the third quarter despite cautions advertiser spending ahead of a looming economic slowdown, which reinforces robust forward prospects. Recent market research has also echoed similarly favourable trends for Amazon’s growing advertising business, a high-margin revenue stream that will continue to contribute positively to the company’s bottom-line over the longer-term:</p><blockquote>Retail media advertising will increase from $31 billion this year to $42 billion in 2023. The bulk of it comes from Amazon’s product search but all other large retailers are now developing advertising sales through keyword search or display ads on their apps and websites. Retail media is mostly fuelled by consumer brands reallocating below-the-line, trade-marketing budgets from in-store towards digital retail networks, as a greater percentage of retail sales comes from e-commerce. Furthermore, retail-owned media networks are mostly immune from the privacy-based limitations on data usage and targeting, that display or social media owner’s face, because they can leverage their own first-party data.</blockquote><blockquote>Source:Magna Advertising Forecast, U.S. Fall Update (September 2022)</blockquote><p><b>Final Thoughts</b></p><p>We remain optimistic that Amazon will be able to maintain and restore strength to its core commerce moat, though the undertaking may take longer-than-expected given near-term macro headwinds beyond the company’s control. In the meantime, AWS will continue to be the core saviour of Amazon’s valuation. But considering it may not be able to hold onto the role much longer ahead of imminent deceleration, Amazon&#39;s stock might become more susceptible to further downtrends in tandem with the souring near-term market outlook. In the near- to medium-term, we believe investor expectations for core commerce improvements will increase despite anticipated consumer weakness to make up for potential deceleration in AWS, with more focus diverted towards momentum in Amazon’s ad sales, an emerging core profit engine. For now, Amazon&#39;s stock will likely become less protected from increasingly fragile market sentiment over coming months as expectations adjust, which could potentially create better entry opportunities for eventual upsides once consumer headwinds subside.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Amazon A Buy After Q3 2022 Earnings? The Cloud Is Dissipating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Amazon A Buy After Q3 2022 Earnings? The Cloud Is Dissipating\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-28 11:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4550073-is-amazon-a-buy-after-q3-2022-earnings-the-cloud-is-dissipating><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryFor Amazon, a \"dissipating cloud\" does not necessarily imply a positive connotation.AWS, Amazon's cloud, has been key to supporting the stock's valuation this year, as its core commerce ...</p>\n\n<a href=\"https://seekingalpha.com/article/4550073-is-amazon-a-buy-after-q3-2022-earnings-the-cloud-is-dissipating\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4550073-is-amazon-a-buy-after-q3-2022-earnings-the-cloud-is-dissipating","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110500830","content_text":"SummaryFor Amazon, a \"dissipating cloud\" does not necessarily imply a positive connotation.AWS, Amazon's cloud, has been key to supporting the stock's valuation this year, as its core commerce business reels from both an internal mismanagement on utilization and looming consumer weakness.But even then, the strength of the cloud is going, with AWS showing more prominent signs of structural deceleration during the third quarter.This might expose the stock to further downtrends in tandem with broader market declines within the near term, as investors adjust expectations, creating a compelling risk/reward opportunity for Amazon's ultimate recovery once cyclical headwinds subside.Amazon's stock (NASDAQ: AMZN) has lost more than 30% of its market value this year. Investor confidence in the stock has been weak since Amazon’s core commerce business took a sharp turn from the pandemic-era boom to underutilization earlier in the year. The inefficiencies had left Amazon in a scramble for aggressive cost-cutting opportunities – spanning abandoned capacity expansion to swift shutdowns of unprofitable projects. And now a looming economic downturn risks spurring further consumer weakness ahead, casting a shadow over any possibilities for a rapid recovery in its core commerce business within the near term. This is further corroborated by management’s conservative view on prospects in the current quarter, projecting 2% to 8% revenue growth inclusive of FX headwinds, despite cautious market optimism for a seasonality-driven boost in the current quarter.Meanwhile, AWS has largely been the backbone of any bullish thesis supporting the stock this year, making up for the core commerce moat’s shortfall as a result of both earlier mismanagement on capacity and utilization, and impacts of the unexpected economic downturn that has come down hard and fast. Yet, the AWS cloud that has largely shielded Amazon from a greater selloff is showing signs of dissipation. While AWS take-rates in the third quarter remained resilient, with cloud spending amongst the IT environment still viewed as critical to stay economically and operationally competitive, there are growing signs of market share erosion – which has long been expected given the massive magnitude of the segment and long streak of double-digit growth that appears to be falling behind that of peers. While Wall Street as long been unanimously bullish on Amazon, we believe that link is starting to weaken, especially as AWS’ impressive growth streak is starting to show early signs of moderation.Amazon's stock currently trades at a whopping 70x forward earnings, while the large-cap peer group trades at an average of about 28x. However, it is important to consider that the company’s margins have been battered this year due to non-cyclical factors (e.g., utilization mismanagement), which has contributed to a significant diversion between its earnings and sales valuation multiples. By taking Amazon’s sales multiples (e.g., forward EV/sales and forward price/sales) as a gauge for its market value relative to peers instead, which makes a better reflection of its normalized business performance relative to peers’, the stock remains undervalued, supporting longer-term upside potential.However, given Amazon’s dissipating cloud strength, and ongoing consumer weakness that will continue to put pressure on its core commerce business within the near term, the stock will likely be subject to greater vulnerability to volatile market sentiment over the coming months until the macro-overhang subsides. This is especially true given investors’ increasing preference for profitability under the current market climate – meaning that while core commerce’s profit margin improvement in the third quarter is welcomed, it will need to ratchet up further at a sustained pace to keep up with anticipated deceleration in AWS, and alleviate the latter’s burden of having to carry Amazon’s consolidated valuation prospects.Is AWS At Risk?AWS is currently the leading public cloud service vendor, accounting for about a third of the global market share. It also continues to lead its key rivals, namely Microsoft’s Azure(MSFT) and Alphabet’sGoogle Cloud Platform(GOOG/GOOGL), by wide margins. Specifically, Azure is a distant second, commanding about 20% of the global cloud market, and GCP about 10% in third place.AWS has been a key driver of Amazon’s valuation given its impressive growth and margin expansion trajectory, acting as a key “barometer” of the company’s future prospects – especially in recent quarters, compensating for the growth slowdown and deteriorating profit margins in the core commerce segment. Despite Amazon’s likely conservative outlook for AWS implied through modest consolidated growth for the current quarter – which we view as a welcomed and reasonable move to temper investors’ expectations given the business’ massive size, and consistent with Azure’s modest guidance earlier this week. It is important to recognize that cloud spending remains resilient given “secular shift and prioritization for corporates”.Yet, after sustaining more than six quarters of consecutive 30%-plus y/y growth, the segment is starting to show signs of structural deceleration, with third quarter growth coming in at 28% on a constant currency basis compared to the same period last year – an imminent occurrence given its massive magnitude of growth and business volume achieved in recent years. AWS’ multi-year compounded annual growth rate in the past five years has moderated to about 26%, while Azure’s is at the 40%-range and GCP at the high-30%-range.And while AWS remains the unmatched market leader by wide margins, the gap is gradually narrowing. Specifically, recent third-party data shows that spending intentions for Azure and GCP are on the rise, as corporates turn to a multi-cloud strategy for benefits that include “risk mitigation, reliability/redundancy, multi-function availability, and mostly importantly, cost-efficiencies”.Given AWS is already the dominant public cloud service vendor on the market, it is hard for it to take further advantage of increasing multi-cloud momentum. In a recent sentiment check survey performed by RBC Capital Markets, about 57% of corporates looking to ramp up investments in cloud have noted AWS as a potential beneficiary over the next 12 months, compared with 73% for GCP and 71% for Azure. AWS is also starting to lose share to key rival Azure amongst large enterprise cloud spending – the latter has taken over AWS as the leading public cloud service provider for enterprises generating more than $5 billion in annual revenues, acquiring more than 50% share in the cohort while AWS only captures a little more than 30%. And while AWS remains the market share leader in the largest cloud spending segments – namely, medium-sized enterprises with annual revenues spanning $1 billion and $5 billion, and small enterprises with annual revenues of less than $1 billion – rivals Azure and GCP are catching up fast. AWS currently commands about 60% of global cloud market share across medium-sized enterprises, while Azure accounts for more than 40%; and across small enterprises, AWS commands about a 40% share while Azure and GCP account for 30%.Implications of a Potential AWS SlowdownWhat these trends, paired with tempered expectations from management’s forward guidance provided, imply is that AWS is likely headed towards the beginning of moderation, with its high-flying growth coming to a gradual deceleration as it continues to take advantage of secular demand for cloud-computing solutions over coming years. Meanwhile, the rapid growth it once enjoyed will now likely rotate to peers as they benefit from the increasing adoption of a multi-cloud strategy across the corporate sector, effectively narrowing their respective market shares’ distance from AWS’.With AWS being Amazon’s core profit engine, the increasing pace of moderation will likely bode unfavourably for the stock’s near-term performance – especially as its core commerce segment also reels from souring consumer sentiment ahead of a cyclical downturn. This means whatever Amazon is doing now to improve its core commerce’s growth and profit margins – whether it is slashing budgets for non-profitable projects, dialing down the pace of fulfilment capacity expansion, slowing the pace of hiring, and/or improved value proposition to drive increased Prime demand – needs step it up a notch further, as AWS’ strength may not overshadow core commerce’s near-term weakness much longer to uphold Amazon’s valuation prospects.Looking ahead, these trends may also push investors to look for new areas of growth and profitability in the company – especially advertising, which represents another secular demand environment as digital ad formats rapidly displace traditional channels like linear TV, radio and paper. As discussed in our previous coverage on the stock, Amazon’s advertising business benefits greatly from its first-party data advantage, which reduces reliance on third-party user data that now faces “signal [loss] dynamics” stemming from Apple’s (AAPL)privacy policy changes implemented last year. The value of this competitive advantage is further corroborated by resilience and momentum demonstrated in Amazon’s advertising business (+30% y/y; +9% q/q) in the third quarter despite cautions advertiser spending ahead of a looming economic slowdown, which reinforces robust forward prospects. Recent market research has also echoed similarly favourable trends for Amazon’s growing advertising business, a high-margin revenue stream that will continue to contribute positively to the company’s bottom-line over the longer-term:Retail media advertising will increase from $31 billion this year to $42 billion in 2023. The bulk of it comes from Amazon’s product search but all other large retailers are now developing advertising sales through keyword search or display ads on their apps and websites. Retail media is mostly fuelled by consumer brands reallocating below-the-line, trade-marketing budgets from in-store towards digital retail networks, as a greater percentage of retail sales comes from e-commerce. Furthermore, retail-owned media networks are mostly immune from the privacy-based limitations on data usage and targeting, that display or social media owner’s face, because they can leverage their own first-party data.Source:Magna Advertising Forecast, U.S. Fall Update (September 2022)Final ThoughtsWe remain optimistic that Amazon will be able to maintain and restore strength to its core commerce moat, though the undertaking may take longer-than-expected given near-term macro headwinds beyond the company’s control. In the meantime, AWS will continue to be the core saviour of Amazon’s valuation. But considering it may not be able to hold onto the role much longer ahead of imminent deceleration, Amazon's stock might become more susceptible to further downtrends in tandem with the souring near-term market outlook. In the near- to medium-term, we believe investor expectations for core commerce improvements will increase despite anticipated consumer weakness to make up for potential deceleration in AWS, with more focus diverted towards momentum in Amazon’s ad sales, an emerging core profit engine. For now, Amazon's stock will likely become less protected from increasingly fragile market sentiment over coming months as expectations adjust, which could potentially create better entry opportunities for eventual upsides once consumer headwinds subside.","news_type":1},"isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917108134,"gmtCreate":1665447920629,"gmtModify":1676537607180,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9917108134","repostId":"2274402596","repostType":4,"repost":{"id":"2274402596","pubTimestamp":1665439233,"share":"https://www.laohu8.com/m/news/2274402596?lang=&edition=full","pubTime":"2022-10-11 06:00","market":"us","language":"en","title":"These Stock-Market Sectors Tend to Do Best Before the Fed Delivers a Final Rate Hike, Says RBC","url":"https://stock-news.laohu8.com/highlight/detail?id=2274402596","media":"MarketWatch","summary":"Defensive sectors tend to perform the best before final rate hikes, along with energy and financials","content":"<html><head></head><body><p>Defensive sectors tend to perform the best before final rate hikes, along with energy and financials, says RBC Capital Markets</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3714c6b347b02a7ac1af6b7d06e177d\" tg-width=\"700\" tg-height=\"525\" referrerpolicy=\"no-referrer\"/><span>GETTY IMAGES/ISTOCKPHOTO</span></p><p>While hopes for a pivot by Federal Reserve policy makers away from aggressive rate increases appeared to once again be a mirage, investors remain eager to know which stock-market sectors tend to perform best in the period leading up to the final increase of a rate-hike cycle, according to a top strategist at RBC Capital Markets.</p><p>Stocks in classic defensive sectors such as consumer staples, healthcare, and utilities, tend to outperform ahead of the final rate hikes, along with energy and financials, said Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, in a Monday note.</p><p>All five of these areas have outperformed the S&amp;P 500  in 2022 on a year to date basis. They tended to perform the best within the major index in the six, three and one month periods before the final hikes in the past four Fed tightening cycles (see chart below), Calvasina wrote.</p><p>&#34;However, consumer staples and utilities have faded recently with utilities lagging over the past month and staples underperforming since late September,&#34; she said. &#34;Healthcare has been the strongest performer of late among the classic defensives over the past month, lagging only energy whose performance has far outstripped the benchmark. Financials has also outperformed a bit.&#34;</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/04fbcc13eabcf3a7955e41ecdd645d09\" tg-width=\"700\" tg-height=\"365\" referrerpolicy=\"no-referrer\"/><span>SOURCE: RBC US EQUITY STRATEGY, BLOOMBERG</span></p><p>The S&amp;P 500 is down 24.2% year to date, according to Dow Jones Market Data. Except the energy sector, which had jumped 45.8% year over year, all other sectors are trading deep in the red so far in 2022.</p><p>Stocks in consumer staples and utilities have been &#34;extremely expensive&#34; based on RBC&#39;s valuation, with their median price-earnings ratio close to historical peaks relative to the S&amp;P 500 earlier this year. Meanwhile, healthcare has been the only defensive sector that is &#34;reasonably valued&#34; on their valuation model, and as of Friday&#39;s close, energy and financials sectors looked &#34;deeply undervalued,&#34; according to Calvasina.</p><p>&#34;To the extent that the narrative in the equity community swings back towards the idea that an end to the hiking cycle can be expected in the not so distant future, we think energy and financials are the most interesting ways to position for that idea,&#34; said Calvasina.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb77d2a14baf79524be0a1977b4dfe60\" tg-width=\"700\" tg-height=\"704\" referrerpolicy=\"no-referrer\"/><span>SOURCE: RBC US EQUITY STRATEGY, BLOOMBERG</span></p><p>Despite the recent turmoil in the large-cap equity market, small-caps remain stable in terms of performance. Calvasina pointed out the stability in small-cap performance has been present since January and they are still in a narrow trading range in comparison to large-caps.</p><p>&#34;While this doesn&#39;t necessarily tell us that a bottom in the broader U.S. equity market is imminent, it does tell us that the equity market is behaving rationally,&#34; said Calvasina. &#34;It has been our view for quite some time that small-caps, which underperformed large-cap dramatically in 2021, have already been de-risked and are baking in a recession.&#34;</p><p>The U.S. stock indexes extended losses on Monday as investors still digested September jobs data while eagerly await key earnings, Fed minutes and inflation reports this week. The S&amp;P 500 finished 0.7% lower, while the Dow Jones Industrial Average  declined 0.3%. The Nasdaq Composite  closed at the lowest level in over two years, dragged down by a slump in semiconductor stocks.</p></body></html>","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>These Stock-Market Sectors Tend to Do Best Before the Fed Delivers a Final Rate Hike, Says RBC</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\">\nThese Stock-Market Sectors Tend to Do Best Before the Fed Delivers a Final Rate Hike, Says RBC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-11 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/these-stock-market-sectors-tend-to-do-best-before-the-fed-delivers-a-final-rate-hike-says-rbc-11665427115?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Defensive sectors tend to perform the best before final rate hikes, along with energy and financials, says RBC Capital MarketsGETTY IMAGES/ISTOCKPHOTOWhile hopes for a pivot by Federal Reserve policy ...</p>\n\n<a href=\"https://www.marketwatch.com/story/these-stock-market-sectors-tend-to-do-best-before-the-fed-delivers-a-final-rate-hike-says-rbc-11665427115?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":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/these-stock-market-sectors-tend-to-do-best-before-the-fed-delivers-a-final-rate-hike-says-rbc-11665427115?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274402596","content_text":"Defensive sectors tend to perform the best before final rate hikes, along with energy and financials, says RBC Capital MarketsGETTY IMAGES/ISTOCKPHOTOWhile hopes for a pivot by Federal Reserve policy makers away from aggressive rate increases appeared to once again be a mirage, investors remain eager to know which stock-market sectors tend to perform best in the period leading up to the final increase of a rate-hike cycle, according to a top strategist at RBC Capital Markets.Stocks in classic defensive sectors such as consumer staples, healthcare, and utilities, tend to outperform ahead of the final rate hikes, along with energy and financials, said Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, in a Monday note.All five of these areas have outperformed the S&P 500  in 2022 on a year to date basis. They tended to perform the best within the major index in the six, three and one month periods before the final hikes in the past four Fed tightening cycles (see chart below), Calvasina wrote.\"However, consumer staples and utilities have faded recently with utilities lagging over the past month and staples underperforming since late September,\" she said. \"Healthcare has been the strongest performer of late among the classic defensives over the past month, lagging only energy whose performance has far outstripped the benchmark. Financials has also outperformed a bit.\"SOURCE: RBC US EQUITY STRATEGY, BLOOMBERGThe S&P 500 is down 24.2% year to date, according to Dow Jones Market Data. Except the energy sector, which had jumped 45.8% year over year, all other sectors are trading deep in the red so far in 2022.Stocks in consumer staples and utilities have been \"extremely expensive\" based on RBC's valuation, with their median price-earnings ratio close to historical peaks relative to the S&P 500 earlier this year. Meanwhile, healthcare has been the only defensive sector that is \"reasonably valued\" on their valuation model, and as of Friday's close, energy and financials sectors looked \"deeply undervalued,\" according to Calvasina.\"To the extent that the narrative in the equity community swings back towards the idea that an end to the hiking cycle can be expected in the not so distant future, we think energy and financials are the most interesting ways to position for that idea,\" said Calvasina.SOURCE: RBC US EQUITY STRATEGY, BLOOMBERGDespite the recent turmoil in the large-cap equity market, small-caps remain stable in terms of performance. Calvasina pointed out the stability in small-cap performance has been present since January and they are still in a narrow trading range in comparison to large-caps.\"While this doesn't necessarily tell us that a bottom in the broader U.S. equity market is imminent, it does tell us that the equity market is behaving rationally,\" said Calvasina. \"It has been our view for quite some time that small-caps, which underperformed large-cap dramatically in 2021, have already been de-risked and are baking in a recession.\"The U.S. stock indexes extended losses on Monday as investors still digested September jobs data while eagerly await key earnings, Fed minutes and inflation reports this week. The S&P 500 finished 0.7% lower, while the Dow Jones Industrial Average  declined 0.3%. The Nasdaq Composite  closed at the lowest level in over two years, dragged down by a slump in semiconductor stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}