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Ajay29

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09-09

$NVIDIA Corp(NVDA)$

08-06

$Apple(AAPL)$ Apple shares are a good buy depends on several factors, including your investment goals, risk tolerance, and market conditions. An general overview on my point of view would be as follows: 1. **Berkshire's Decision**: Berkshire Hathaway, led by Warren Buffett, is known for its long-term investment strategy. If they decide to offload a significant portion of their Apple shares, it could be due to various reasons, such as rebalancing their portfolio, seeking diversification, or taking profits after a strong performance. 2. **Apple's Fundamentals**: Consider Apple's financial health, product lineup, market position, and growth prospects. Apple's strong brand, innovation in technology, and diversifie

2023-09-06

@TigerGpt TigerGPT，your new investing superpower Click to learn more

2023-09-06

@TigerGpt TigerGPT，your new investing superpower Click to learn more

2022-05-26

Interesting article, thank you for sharing 🙏

Why Roku Stock Bounced 7% Higher Wednesday

2022-05-26

Interesting article, thank you for sharing 🙏

Nvidia Shares Drop 6.8% After-Hours on Disappointing Guidance, While Q1 Earnings Beat

2022-05-26

Interesting article, thank you for sharing 🙏

US STOCKS-Wall Street Rallies As Fed Minutes Meet Expectations

2022-05-26

Interesting article, thank you for sharing 🙏

Strong Insider Buying Suggests a 15% Rally in the S&P 500 From Here

2022-05-26

Interesting article, thank you for sharing 🙏

Why Palantir Stock Was a Winner on Wednesday

2022-05-22

Nice informative article, thank you for sharing 🙏

Beyond Meat: Might Find A Bottom Soon

2022-05-22

Nice informative article, thank you for sharing 🙏

Tesla Drops To Number 2: Is Cathie Wood's Ark Invest Losing Confidence In Its Favorite Stock?

2022-05-22

Nice informative article, thank you for sharing 🙏

6 Stocks To Watch Amid Monkeypox Outbreak

2022-05-22

Nice informative article, thank you for sharing 🙏

Buy the Dip Or Sell the "Rip"?: What's Ahead for Stock Investors As "Sticky" Inflation Fears Heighten Consumer Concern

2022-05-22

Nice informative article, thank you for sharing 🙏

Nvidia: Ridiculous Times Indeed

2022-05-01

Very insightful thanks 🙏

Berkshire Hathaway “Will Always Have a Lot of Cash”: Warren Buffett

2022-05-01

Very insightful thanks 🙏

Full Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday

2022-05-01

Very insightful thanks 🙏

Buffett Reveals Big Investments, Rails Against Wall St Excess at Berkshire Meeting

2022-05-01

Very insightful thanks 🙏

Warren Buffett: We Didn't Repurchase Any Berkshire Stock in April

2022-05-01

Very insightful thanks 🙏

Buffett Says Berkshire Is "Better Than the Banks"

2022-05-01

Very insightful thanks 🙏

Full Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday

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href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347588509274368","isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335393227255872,"gmtCreate":1722912954915,"gmtModify":1722912960534,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; Apple shares are a good buy depends on several factors, including your investment goals, risk tolerance, and market conditions. An general overview on my point of view would be as follows: 1. **Berkshire's Decision**: Berkshire Hathaway, led by Warren Buffett, is known for its long-term investment strategy. If they decide to offload a significant portion of their Apple shares, it could be due to various reasons, such as rebalancing their portfolio, seeking diversification, or taking profits after a strong performance. 2. **Apple's Fundamentals**: Consider Apple's financial health, product lineup, market position, and growth prospects. Apple's strong brand, innovation in technology, and diversifie","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; Apple shares are a good buy depends on several factors, including your investment goals, risk tolerance, and market conditions. An general overview on my point of view would be as follows: 1. **Berkshire's Decision**: Berkshire Hathaway, led by Warren Buffett, is known for its long-term investment strategy. If they decide to offload a significant portion of their Apple shares, it could be due to various reasons, such as rebalancing their portfolio, seeking diversification, or taking profits after a strong performance. 2. **Apple's Fundamentals**: Consider Apple's financial health, product lineup, market position, and growth prospects. Apple's strong brand, innovation in technology, and diversifie","text":"$Apple(AAPL)$ Apple shares are a good buy depends on several factors, including your investment goals, risk tolerance, and market conditions. An general overview on my point of view would be as follows: 1. **Berkshire's Decision**: Berkshire Hathaway, led by Warren Buffett, is known for its long-term investment strategy. If they decide to offload a significant portion of their Apple shares, it could be due to various reasons, such as rebalancing their portfolio, seeking diversification, or taking profits after a strong performance. 2. **Apple's Fundamentals**: Consider Apple's financial health, product lineup, market position, and growth prospects. Apple's strong brand, innovation in technology, and diversifie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/335393227255872","isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274802455671","authorId":"3479274802455671","name":"frosti","avatar":"https://static.tigerbbs.com/8d59e7c960eef6f97257cc799768d81e","crmLevel":1,"crmLevelSwitch":0,"idStr":"3479274802455671","authorIdStr":"3479274802455671"},"content":"warren Buffet still owns 400 mil shares of apple. don't panic. load up!","text":"warren Buffet still owns 400 mil shares of apple. don't panic. load up!","html":"warren Buffet still owns 400 mil shares of apple. don't panic. load up!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":216971931664504,"gmtCreate":1693994866398,"gmtModify":1693994869882,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，your new investing superpower&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more&nbsp;</a>","listText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，your new investing superpower&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more&nbsp;</a>","text":"@TigerGpt TigerGPT，your new investing superpower Click to learn more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/216971931664504","isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4141429963588842","authorId":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"idStr":"4141429963588842","authorIdStr":"4141429963588842"},"content":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","text":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","html":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":216971229806720,"gmtCreate":1693994835538,"gmtModify":1693994840123,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，your new investing superpower&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more&nbsp;</a>","listText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，your new investing superpower&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more&nbsp;</a>","text":"@TigerGpt TigerGPT，your new investing superpower Click to learn more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/216971229806720","isVote":1,"tweetType":1,"viewCount":494,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4141429963588842","authorId":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"idStr":"4141429963588842","authorIdStr":"4141429963588842"},"content":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","text":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","html":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022244110,"gmtCreate":1653537141430,"gmtModify":1676535300759,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Interesting article, thank you for sharing 🙏","listText":"Interesting article, thank you for sharing 🙏","text":"Interesting article, thank you for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022244110","repostId":"2238514784","repostType":4,"repost":{"id":"2238514784","pubTimestamp":1653536733,"share":"https://ttm.financial/m/news/2238514784?lang=&edition=fundamental","pubTime":"2022-05-26 11:45","market":"us","language":"en","title":"Why Roku Stock Bounced 7% Higher Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2238514784","media":"Motley Fool","summary":"The shares recovered some lost ground after bad news over the state of the advertising market.","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/ROKU\"><b>Roku</b></a> were up 7.11% on Wednesday. The stock was rebounding after a sudden drop the day before when social media company <b>Snap</b> cut its financial guidance for the second quarter.</p><p><img src=\"https://static.tigerbbs.com/6c352e89c8c2a1f185626046118be1d8\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>Both Roku and Snap make the bulk of their revenue from advertising, so investors took Snap&#39;s revised guidance as a red flag about near-term ad spending. The news reverberated across other social media stocks, such as <b><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a></b> and <b>Pinterest</b>.</p><p><img src=\"https://static.tigerbbs.com/6f677f3a5722a0e27e67d53d2f5fe6df\" tg-width=\"720\" tg-height=\"387\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>ROKU data by YCharts.</p><h2>So what</h2><p>Economic recessions usually spell a slowdown in advertising spending, which is <a href=\"https://laohu8.com/S/AONE.U\">one</a> reason investors have slammed Roku this year. The stock is currently down 63% year to date, compared to the 27% drop in the <b>Nasdaq Composite</b> index. This could be a good buying opportunity, since the long-term shift toward streaming is here to stay.</p><p>In better news, Roku announced a partnership to sell onn, its TV models, in <b>Walmart</b> Canada stores. Roku uses its streaming players and its TV models to give consumers affordable access to its platform, which has an abundance of free ad-supported content.</p><p>However, supply chain disruptions have caused higher prices for TVs that have made it difficult to acquire new users through this channel. In the first quarter, player revenue fell 19% year over year, while platform revenue, which includes advertising on the platform, grew 39% year over year.</p><p><img src=\"https://static.tigerbbs.com/4deea5ce2e0f3177567178bb3433c832\" tg-width=\"700\" tg-height=\"453\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><h2>Now what</h2><p>Management expects revenue to grow approximately 25% year over year in the second quarter, down from 28% in the first quarter. The fact that Roku is still growing total revenue in this environment, although at a slowing rate, speaks to how well the company (and the stock) can perform once the economy is on solid footing again.</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>Why Roku Stock Bounced 7% Higher Wednesday</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 Roku Stock Bounced 7% Higher Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-26 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/25/why-roku-stock-bounced-higher-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Roku were up 7.11% on Wednesday. The stock was rebounding after a sudden drop the day before when social media company Snap cut its financial guidance for the second quarter....</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/25/why-roku-stock-bounced-higher-today/\">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","BK4548":"巴美列捷福持仓","BK4524":"宅经济概念","BK4507":"流媒体概念","BK4108":"电影和娱乐","ROKU":"Roku Inc"},"source_url":"https://www.fool.com/investing/2022/05/25/why-roku-stock-bounced-higher-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238514784","content_text":"What happenedShares of Roku were up 7.11% on Wednesday. The stock was rebounding after a sudden drop the day before when social media company Snap cut its financial guidance for the second quarter.Both Roku and Snap make the bulk of their revenue from advertising, so investors took Snap's revised guidance as a red flag about near-term ad spending. The news reverberated across other social media stocks, such as Meta Platforms and Pinterest.ROKU data by YCharts.So whatEconomic recessions usually spell a slowdown in advertising spending, which is one reason investors have slammed Roku this year. The stock is currently down 63% year to date, compared to the 27% drop in the Nasdaq Composite index. This could be a good buying opportunity, since the long-term shift toward streaming is here to stay.In better news, Roku announced a partnership to sell onn, its TV models, in Walmart Canada stores. Roku uses its streaming players and its TV models to give consumers affordable access to its platform, which has an abundance of free ad-supported content.However, supply chain disruptions have caused higher prices for TVs that have made it difficult to acquire new users through this channel. In the first quarter, player revenue fell 19% year over year, while platform revenue, which includes advertising on the platform, grew 39% year over year.Image source: Getty Images.Now whatManagement expects revenue to grow approximately 25% year over year in the second quarter, down from 28% in the first quarter. The fact that Roku is still growing total revenue in this environment, although at a slowing rate, speaks to how well the company (and the stock) can perform once the economy is on solid footing again.","news_type":1},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022244962,"gmtCreate":1653537128156,"gmtModify":1676535300757,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Interesting article, thank you for sharing 🙏","listText":"Interesting article, thank you for sharing 🙏","text":"Interesting article, thank you for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022244962","repostId":"2238439205","repostType":4,"repost":{"id":"2238439205","pubTimestamp":1653512160,"share":"https://ttm.financial/m/news/2238439205?lang=&edition=fundamental","pubTime":"2022-05-26 04:56","market":"us","language":"en","title":"Nvidia Shares Drop 6.8% After-Hours on Disappointing Guidance, While Q1 Earnings Beat","url":"https://stock-news.laohu8.com/highlight/detail?id=2238439205","media":"StreetInsider","summary":"NVIDIA shares were trading around 6.8% lower after-hours following the company’s reported Q1 earning","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NVDA\">NVIDIA</a> shares were trading around 6.8% lower after-hours following the company’s reported Q1 earnings results. While both the EPS of $1.36 and revenue of $8.29 billion (up 46% year-over-year) came in better than the consensus estimates of $1.29 and $8.12 billion, respectively, Q2 revenue guidance missed the expectations.</p><p><img src=\"https://static.tigerbbs.com/0b170a489a66e1f98e3980a11e6c0282\" tg-width=\"877\" tg-height=\"669\" width=\"100%\" height=\"auto\"/>The company delivered record results in Data Center and Gaming. Data Center Q1 revenue was $3.75 billion (up 83% year-over-year) and Gaming revenue was $3.62 billion (up 31% year-over-year).</p><p>“We delivered record results in Data Center and Gaming against the backdrop of a challenging macro environment,” said Jensen Huang, founder and CEO of NVIDIA. “The effectiveness of deep learning to automate intelligence is driving companies across industries to adopt NVIDIA for AI computing. Data Center has become our largest platform, even as Gaming achieved a record quarter. “We are gearing up for the largest wave of new products in our history with new GPU, CPU, DPU and robotics processors ramping in the second half. Our new chips and systems will greatly advance AI, graphics, Omniverse, self-driving cars and robotics, as well as the many industries these technologies impact,” he said.</p><p>The company expects Q2/23 revenue to be $8.10 billion, plus or minus 2%, worse than the consensus estimate of $8.45 billion.</p><p>The company’s board of directors also announced an additional share repurchase program of up to $15 billion through December 2023.</p><p>Shares of NVIDIA were down 42% year-to-date going into the results.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Shares Drop 6.8% After-Hours on Disappointing Guidance, While Q1 Earnings Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Shares Drop 6.8% After-Hours on Disappointing Guidance, While Q1 Earnings Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-26 04:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20131437><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NVIDIA shares were trading around 6.8% lower after-hours following the company’s reported Q1 earnings results. While both the EPS of $1.36 and revenue of $8.29 billion (up 46% year-over-year) came in ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20131437\">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.streetinsider.com/dr/news.php?id=20131437","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238439205","content_text":"NVIDIA shares were trading around 6.8% lower after-hours following the company’s reported Q1 earnings results. While both the EPS of $1.36 and revenue of $8.29 billion (up 46% year-over-year) came in better than the consensus estimates of $1.29 and $8.12 billion, respectively, Q2 revenue guidance missed the expectations.The company delivered record results in Data Center and Gaming. Data Center Q1 revenue was $3.75 billion (up 83% year-over-year) and Gaming revenue was $3.62 billion (up 31% year-over-year).“We delivered record results in Data Center and Gaming against the backdrop of a challenging macro environment,” said Jensen Huang, founder and CEO of NVIDIA. “The effectiveness of deep learning to automate intelligence is driving companies across industries to adopt NVIDIA for AI computing. Data Center has become our largest platform, even as Gaming achieved a record quarter. “We are gearing up for the largest wave of new products in our history with new GPU, CPU, DPU and robotics processors ramping in the second half. Our new chips and systems will greatly advance AI, graphics, Omniverse, self-driving cars and robotics, as well as the many industries these technologies impact,” he said.The company expects Q2/23 revenue to be $8.10 billion, plus or minus 2%, worse than the consensus estimate of $8.45 billion.The company’s board of directors also announced an additional share repurchase program of up to $15 billion through December 2023.Shares of NVIDIA were down 42% year-to-date going into the results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022245421,"gmtCreate":1653537108863,"gmtModify":1676535300750,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Interesting article, thank you for sharing 🙏","listText":"Interesting article, thank you for sharing 🙏","text":"Interesting article, thank you for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022245421","repostId":"1182828365","repostType":4,"repost":{"id":"1182828365","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":1653517648,"share":"https://ttm.financial/m/news/1182828365?lang=&edition=fundamental","pubTime":"2022-05-26 06:27","market":"us","language":"en","title":"US STOCKS-Wall Street Rallies As Fed Minutes Meet Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1182828365","media":"Reuters","summary":"Fed minutes: future 50-bp rate hikes 'likely'Nordstrom climbs after raising profit outlookNvidia Q2 ","content":"<html><head></head><body><ul><li>Fed minutes: future 50-bp rate hikes &#39;likely&#39;</li><li>Nordstrom climbs after raising profit outlook</li><li>Nvidia Q2 revenue forecast falls short of expectations</li><li>Indexes up: Dow 0.60%, S&amp;P 0.95%, Nasdaq 1.51%</li></ul><p>May 25 (Reuters) - Wall Street closed higher Wednesday, boosted after minutes from the Federal Reserve&#39;s latest monetary policy meeting showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession.</p><p>The minutes from the Federal Open Market Committee&#39;s May meeting, which culminated in a 50-basis-point hike in the Fed funds target rate - the biggest jump in 22 years - showed most of the committee&#39;s members judged that further such rate hikes would &#34;likely be appropriate&#34; at its upcoming June and July meetings.</p><p>&#34;The uniformity of opinion is a good thing,&#34; said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. &#34;There&#39;s a lack of uncertainty of what needs to be done in the near-term.&#34;</p><p>&#34;By the time (the Fed) gets to September, they will have plenty of economic data to make their move from there, so they continue to maintain optionality,&#34; Mayfield added.</p><p>All three major U.S. stock indexes gyrated earlier in the day amid increasing jitters stemming from business and consumer surveys, economic data and corporate earnings reports suggesting a cooling American economy - even as the Fed prepares to toss a bucket of cold water on it to tackle decades-high inflation.</p><p>Fears that overly aggressive interest rate hikes by the Fed could tip the economy into recession despite evidence that inflation peaked in March has fueled those concerns.</p><p>&#34;There’s some credence to the idea that inflation is doing (the Fed’s) job for them,&#34; Mayfield said. &#34;There’s already a cooling occurring, and financial conditions have tightened over the last month because of dollar strength and equity market weakness.&#34;</p><p>On Thursday, the Commerce Department is due to release its second take on first-quarter GDP, which analysts expect to slow a slightly shallower contraction than the 1.4% quarterly annualized drop originally reported.</p><p>The Personal Consumption Expenditures (PCE) report will follow on Friday, which will provide further clues regarding consumer spending and whether inflation peaked in March, as other indicators have suggested.</p><p>The Dow Jones Industrial Average (.DJI) rose 191.66 points, or 0.6%, to 32,120.28, the S&amp;P 500 (.SPX) gained 37.25 points, or 0.95%, to 3,978.73 and the Nasdaq Composite (.IXIC) added 170.29 points, or 1.51%, to 11,434.74.</p><p>Nine of the 11 major sectors in the S&amp;P 500 rose, with consumer discretionary stocks (.SPLRCD) leading the pack with a gain of 2.8%.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc </a> and <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc </a> provided the strongest lift to the S&amp;P 500 and the Nasdaq, rising 2.6% and 4.9%, respectively.</p><p>Department store operator <a href=\"https://laohu8.com/S/JWN\">Nordstrom Inc </a> surged 14.0% on the heels of its upbeat annual profit and revenue forecasts.</p><p>Fast-food chain <a href=\"https://laohu8.com/S/WEN\">Wendy&#39;s Co</a> jumped 9.8% after a regulatory filing revealed that shareholder Nelson Peltz was considering a potential takeover bid for the company.</p><p>Shares of <a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp</a> fell more than 7% in after-hours trading after the company&#39;s second quarter revenue forecast missed expectations.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.56-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted three new 52-week highs and 32 new lows; the Nasdaq Composite recorded 23 new highs and 255 new lows.</p><p>Volume on U.S. exchanges was 11.19 billion shares, compared with the 13.27 billion-share average for the full session 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>US STOCKS-Wall Street Rallies As Fed Minutes Meet Expectations</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 Rallies As Fed Minutes Meet Expectations\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\">2022-05-26 06:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Fed minutes: future 50-bp rate hikes &#39;likely&#39;</li><li>Nordstrom climbs after raising profit outlook</li><li>Nvidia Q2 revenue forecast falls short of expectations</li><li>Indexes up: Dow 0.60%, S&amp;P 0.95%, Nasdaq 1.51%</li></ul><p>May 25 (Reuters) - Wall Street closed higher Wednesday, boosted after minutes from the Federal Reserve&#39;s latest monetary policy meeting showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession.</p><p>The minutes from the Federal Open Market Committee&#39;s May meeting, which culminated in a 50-basis-point hike in the Fed funds target rate - the biggest jump in 22 years - showed most of the committee&#39;s members judged that further such rate hikes would &#34;likely be appropriate&#34; at its upcoming June and July meetings.</p><p>&#34;The uniformity of opinion is a good thing,&#34; said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. &#34;There&#39;s a lack of uncertainty of what needs to be done in the near-term.&#34;</p><p>&#34;By the time (the Fed) gets to September, they will have plenty of economic data to make their move from there, so they continue to maintain optionality,&#34; Mayfield added.</p><p>All three major U.S. stock indexes gyrated earlier in the day amid increasing jitters stemming from business and consumer surveys, economic data and corporate earnings reports suggesting a cooling American economy - even as the Fed prepares to toss a bucket of cold water on it to tackle decades-high inflation.</p><p>Fears that overly aggressive interest rate hikes by the Fed could tip the economy into recession despite evidence that inflation peaked in March has fueled those concerns.</p><p>&#34;There’s some credence to the idea that inflation is doing (the Fed’s) job for them,&#34; Mayfield said. &#34;There’s already a cooling occurring, and financial conditions have tightened over the last month because of dollar strength and equity market weakness.&#34;</p><p>On Thursday, the Commerce Department is due to release its second take on first-quarter GDP, which analysts expect to slow a slightly shallower contraction than the 1.4% quarterly annualized drop originally reported.</p><p>The Personal Consumption Expenditures (PCE) report will follow on Friday, which will provide further clues regarding consumer spending and whether inflation peaked in March, as other indicators have suggested.</p><p>The Dow Jones Industrial Average (.DJI) rose 191.66 points, or 0.6%, to 32,120.28, the S&amp;P 500 (.SPX) gained 37.25 points, or 0.95%, to 3,978.73 and the Nasdaq Composite (.IXIC) added 170.29 points, or 1.51%, to 11,434.74.</p><p>Nine of the 11 major sectors in the S&amp;P 500 rose, with consumer discretionary stocks (.SPLRCD) leading the pack with a gain of 2.8%.</p><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc </a> and <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc </a> provided the strongest lift to the S&amp;P 500 and the Nasdaq, rising 2.6% and 4.9%, respectively.</p><p>Department store operator <a href=\"https://laohu8.com/S/JWN\">Nordstrom Inc </a> surged 14.0% on the heels of its upbeat annual profit and revenue forecasts.</p><p>Fast-food chain <a href=\"https://laohu8.com/S/WEN\">Wendy&#39;s Co</a> jumped 9.8% after a regulatory filing revealed that shareholder Nelson Peltz was considering a potential takeover bid for the company.</p><p>Shares of <a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp</a> fell more than 7% in after-hours trading after the company&#39;s second quarter revenue forecast missed expectations.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.56-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted three new 52-week highs and 32 new lows; the Nasdaq Composite recorded 23 new highs and 255 new lows.</p><p>Volume on U.S. exchanges was 11.19 billion shares, compared with the 13.27 billion-share average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","NVDA":"英伟达",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182828365","content_text":"Fed minutes: future 50-bp rate hikes 'likely'Nordstrom climbs after raising profit outlookNvidia Q2 revenue forecast falls short of expectationsIndexes up: Dow 0.60%, S&P 0.95%, Nasdaq 1.51%May 25 (Reuters) - Wall Street closed higher Wednesday, boosted after minutes from the Federal Reserve's latest monetary policy meeting showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession.The minutes from the Federal Open Market Committee's May meeting, which culminated in a 50-basis-point hike in the Fed funds target rate - the biggest jump in 22 years - showed most of the committee's members judged that further such rate hikes would \"likely be appropriate\" at its upcoming June and July meetings.\"The uniformity of opinion is a good thing,\" said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. \"There's a lack of uncertainty of what needs to be done in the near-term.\"\"By the time (the Fed) gets to September, they will have plenty of economic data to make their move from there, so they continue to maintain optionality,\" Mayfield added.All three major U.S. stock indexes gyrated earlier in the day amid increasing jitters stemming from business and consumer surveys, economic data and corporate earnings reports suggesting a cooling American economy - even as the Fed prepares to toss a bucket of cold water on it to tackle decades-high inflation.Fears that overly aggressive interest rate hikes by the Fed could tip the economy into recession despite evidence that inflation peaked in March has fueled those concerns.\"There’s some credence to the idea that inflation is doing (the Fed’s) job for them,\" Mayfield said. \"There’s already a cooling occurring, and financial conditions have tightened over the last month because of dollar strength and equity market weakness.\"On Thursday, the Commerce Department is due to release its second take on first-quarter GDP, which analysts expect to slow a slightly shallower contraction than the 1.4% quarterly annualized drop originally reported.The Personal Consumption Expenditures (PCE) report will follow on Friday, which will provide further clues regarding consumer spending and whether inflation peaked in March, as other indicators have suggested.The Dow Jones Industrial Average (.DJI) rose 191.66 points, or 0.6%, to 32,120.28, the S&P 500 (.SPX) gained 37.25 points, or 0.95%, to 3,978.73 and the Nasdaq Composite (.IXIC) added 170.29 points, or 1.51%, to 11,434.74.Nine of the 11 major sectors in the S&P 500 rose, with consumer discretionary stocks (.SPLRCD) leading the pack with a gain of 2.8%.Amazon.com Inc  and Tesla Inc  provided the strongest lift to the S&P 500 and the Nasdaq, rising 2.6% and 4.9%, respectively.Department store operator Nordstrom Inc  surged 14.0% on the heels of its upbeat annual profit and revenue forecasts.Fast-food chain Wendy's Co jumped 9.8% after a regulatory filing revealed that shareholder Nelson Peltz was considering a potential takeover bid for the company.Shares of Nvidia Corp fell more than 7% in after-hours trading after the company's second quarter revenue forecast missed expectations.Advancing issues outnumbered declining ones on the NYSE by a 3.56-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.The S&P 500 posted three new 52-week highs and 32 new lows; the Nasdaq Composite recorded 23 new highs and 255 new lows.Volume on U.S. exchanges was 11.19 billion shares, compared with the 13.27 billion-share average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022245289,"gmtCreate":1653537086141,"gmtModify":1676535300742,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Interesting article, thank you for sharing 🙏","listText":"Interesting article, thank you for sharing 🙏","text":"Interesting article, thank you for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022245289","repostId":"1120489731","repostType":4,"repost":{"id":"1120489731","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":1653533681,"share":"https://ttm.financial/m/news/1120489731?lang=&edition=fundamental","pubTime":"2022-05-26 10:54","market":"us","language":"en","title":"Strong Insider Buying Suggests a 15% Rally in the S&P 500 From Here","url":"https://stock-news.laohu8.com/highlight/detail?id=1120489731","media":"Dow Jones","summary":"One of the troubling things about this market downturn is that as brutal as it got, corporate inside","content":"<html><head></head><body><p>One of the troubling things about this market downturn is that as brutal as it got, corporate insiders never showed much interest in their discounted stocks.</p><p>That’s changed in a big way. They’re bullish now — signaling the stock market is oversold and due for at least a short-term bounce if not more. Using history as a guide, the S&amp;P 500,the Dow Jones Industrial Average and the Nasdaq Composite stand to advance 15%-20% over the next three months.</p><p>How do we know? I’ve looked at the daily flow of insider buys for over two decades for my stock letter (link in bio below), so I have a good sense of when the volume and importantly <i>the quality</i> of insider buying picks up.</p><p>“Quality” means buying by insiders with strong records, buying by executives over directors who are further from the business, and bullish formations like cluster buys. All of these signals have improved significantly.</p><p>Insider services that track purchasing intensity have noticed the same thing. “We’ve definitely seen the ratio of insiders buying to selling spike,” says Mike Stein, research manager at The Washington Service. “They tend to call the bottom.”</p><p>“I think insiders are the smart money. They understand the companies,” says Nancy Tengler, CEO and chief investment officer at Laffer Tengler Investments.</p><p>Unlike me, Stein and Tengler are reluctant to say the bottom is in.</p><p>But the numbers sure do suggest this. Here are data demonstrating the strength of the spike in insider buying, followed by my take on three large-cap names insiders really like right now. It’s worth noting The Washington Service excludes 10% owners — money managers who often lag the market but have to report as “insiders” because of large positions — to focus on pure insiders. This means employees and directors.</p><p><b>First, the ratio of companies with insiders buying to those selling has doubled to 0.95</b>(chart below). That’s a big deal because it is twice the average of 0.47 since 2016, according to data provided by The Washington Service. The only other time this ratio surpassed 1 since then was during the pandemic panic selling in March 2020. It came close (0.94) in December 2018, the worst month of that year’s selloff. Three months after that buy signal, the S&amp;P 500 was up 16%.</p><p>Todd Lowenstein, an equity strategist at The Private Bank at Union Bank, isn’t surprised insiders are buying hand over fist. “There is some good value emerging right now,” he says. “You can pick up quality businesses at a reasonable price.”</p><p><img src=\"https://static.tigerbbs.com/4f7bc42ba0badc1087872c7196ea5c01\" tg-width=\"700\" tg-height=\"498\" referrerpolicy=\"no-referrer\"/><b>By dollars amounts, the ratio of buying to selling has tripled to 0.29.</b>This compares to an average of 0.1 since 2016. This ratio also hit 0.29 in the December 2018 selling climax. Three months later, Nasdaq was up over 20%.</p><p><b>The ratio of the number of insiders buying vs. selling has more than doubled to 1.08.</b> That’s a solid buy signal for me because this ratio has averaged 0.39 since 2016. The only other time it pierced 1 since 2016 was during the pandemic panic in March 2020, when it rose to 2.2.</p><p>Over at Vickers Insider Weekly it’s the same story. “Corporate insiders have reacted with increasing optimism, expressing confidence that historically has come in advance of notable rallies,” according to a note published by Vickers Monday.</p><p><b>Vickers’ one-week insider sell/buy ratio recently fell to 0.91.</b>(Lower means more optimism.) This marks “a very rare period with more insider-purchase transactions than sales transactions,” says Vickers. The last time this happened was March 2020. Three months later the Dow Jones Industrial Average was up 35% and a year later it was up 70%. This ratio also fell below 1 in December 2018. The Dow then advanced 14% in three months.</p><p><b>Finally, big block sales are down sharply.</b> Leuthold Group Chief Investment Officer Doug Ramsey prefers to gauge insiders by measuring big transactions of either 100,000 shares or $1 million. He subtracts buys from sells to find “net sells” as a percentage of issues traded on the NYSE. This fell below 1% May 20, boosting this measure to “maximum bullish,” he says.</p><p><img src=\"https://static.tigerbbs.com/a09f5de85044e6699c9633c3a6eb38a7\" tg-width=\"700\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/>Three stocks insiders love</p><p>There are literally dozens of attractive stocks to consider, based on bullish insider buying. Here are three from the large cap world.</p><p><b>Home Depot</b></p><p><b>The insider buying</b>: A director recently purchased $431,000 worth of stock at $288 per share.</p><p>Shares of Home Depot, the world’s largest home improvement retailer, are down over 31% this year. This doesn’t really make sense because performance is great, especially for a retailer. First-quarter results confirmed this.</p><p>“The company beat on revenue. It beat on earnings and it raised guidance. But they still got punished by the market,” says Tengler, which owns the retailer on behalf of her clients at Laffer Tengler Investment. “The first quarter is usually slow, and this was their highest quarterly sales ever.”</p><p>Morgan Stanley analyst Simeon Gutman thinks the guidance raise was conservative.</p><p>One fear is the housing market slows down as home mortgages rise. But Tengler contends this isn’t really a negative, since people are more apt to do home improvements when they stay put.</p><p>“Given pent-up demand for home-improvement jobs and labor scarcity, the backlog of projects should persist throughout 2022,” says Gutman.</p><p>Home Depot also has pricing power, a plus in the inflation era. We know this because while the number of customer transactions slipped by 8% in the first quarter, the average ticket rose by 11.4% to $91.72. This helps support the company’s 15.5% operating margins which is high for the sector, says Lowenstein. He also likes the 2.7% dividend yield, and the fact that Home Depot can continue to boost the dividend since it produces so much free cash flow – an expected $15 billion this year.</p><p>J.P. Morgan analyst Christopher Horvers has an overweight rating on the company in part because he thinks it is resistant to Amazon.comAMZN,+2.57%.With home improvement projects, people prefer to touch and see products before they buy, and ask for advice. Morningstar Direct analyst Jaime Katz cites Home Depot’s size and brand strength to support a coveted wide moat rating on the name.</p><p><b>Morgan Stanley</b></p><p><b>The insider buying</b>: A director just bought $2 million worth of stock at $ 79.30.</p><p>As an investment bank, Morgan Stanley’s performance is directly linked to the stock market and the economy. This makes it a cyclical name with volatile results. Revenue slipped 5.7% in the first quarter to $14.8 billion. The stock is down 25% from highs earlier this year.</p><p>Look under the hood, and you’ll find some business diversification which offsets the cyclicality and volatility, contends Sonny Lin, a senior portfolio manager at Wealth Enhancement Group which has a position in this name. Last quarter, for example, market volatility helped create strong revenue gains in its trading arm, which offset weakness in investment banking and wealth management.</p><p>Tengler, whose Laffer Tengler Investments also owns the name, says the wealth management business is attractive because of the relatively predictability of fee income. “It looks like an annuity,” she says.</p><p>This business also has high profit margins, supporting an overall 20% return on tangible equity. Tengler also likes the strong free cash flow, backing the 3.4% dividend yield.</p><p><b>Coinbase</b></p><p><b>The insider buying</b>: A director recently bought $75 million worth at $63.92 to $72.85.</p><p>As goes crypto, so goes Coinbase.That’s because this company is the leading U.S.-based cryptocurrency exchange. As bitcoin, Ethereum, and other cryptocurrencies tanked 50% or more since November, transaction fees plummeted. First-quarter revenue fell 53.2% from the prior quarter to $1.16 billion.</p><p>On top of that operating costs rose sharply, by 111%. This pushed net income deep into the red. The upshot: Coinbase stock has fallen 83% since November to trade recently under $62. Down here, a director has said enough is enough, purchasing a sizable $75 million worth of stock.</p><p>What’s there to be bullish about? Bitcoin and other cryptocurrencies are here to stay despite regulatory challenges. Coinbase has built a reputation and track record that support its staying power and higher transaction fees, says Morningstar Direct analyst Michael Miller. He has a $131 fair value estimate on the stock, and a four-star rating out of a possible five.</p><p>Unlike other platforms, Coinbase has multiple revenue streams. It acts as an asset custodian and broker, and it offers collateralized loans, a crypto debit card, blockchain infrastructure support, and data analytics. Expansion into new product lines will now be easier because of the crypto downturn, says CEO Brian Armstrong. “We see the down period as a big opportunity because we’re able to acquire great talent as others pivot, get distracted, and get discouraged. We tend to do our best work in a down period.”</p><p>J.P. Morgan analyst Kenneth Worthington maintains his “overweight” rating, despite cutting his price target to $171 from $258, citing Armstrong’s strategy of continuing to invest in the business even though the tide has turned. Worthington also likes the company’s strong balance sheet.</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>Strong Insider Buying Suggests a 15% Rally in the S&P 500 From Here</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\">\nStrong Insider Buying Suggests a 15% Rally in the S&P 500 From Here\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\">2022-05-26 10:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>One of the troubling things about this market downturn is that as brutal as it got, corporate insiders never showed much interest in their discounted stocks.</p><p>That’s changed in a big way. They’re bullish now — signaling the stock market is oversold and due for at least a short-term bounce if not more. Using history as a guide, the S&amp;P 500,the Dow Jones Industrial Average and the Nasdaq Composite stand to advance 15%-20% over the next three months.</p><p>How do we know? I’ve looked at the daily flow of insider buys for over two decades for my stock letter (link in bio below), so I have a good sense of when the volume and importantly <i>the quality</i> of insider buying picks up.</p><p>“Quality” means buying by insiders with strong records, buying by executives over directors who are further from the business, and bullish formations like cluster buys. All of these signals have improved significantly.</p><p>Insider services that track purchasing intensity have noticed the same thing. “We’ve definitely seen the ratio of insiders buying to selling spike,” says Mike Stein, research manager at The Washington Service. “They tend to call the bottom.”</p><p>“I think insiders are the smart money. They understand the companies,” says Nancy Tengler, CEO and chief investment officer at Laffer Tengler Investments.</p><p>Unlike me, Stein and Tengler are reluctant to say the bottom is in.</p><p>But the numbers sure do suggest this. Here are data demonstrating the strength of the spike in insider buying, followed by my take on three large-cap names insiders really like right now. It’s worth noting The Washington Service excludes 10% owners — money managers who often lag the market but have to report as “insiders” because of large positions — to focus on pure insiders. This means employees and directors.</p><p><b>First, the ratio of companies with insiders buying to those selling has doubled to 0.95</b>(chart below). That’s a big deal because it is twice the average of 0.47 since 2016, according to data provided by The Washington Service. The only other time this ratio surpassed 1 since then was during the pandemic panic selling in March 2020. It came close (0.94) in December 2018, the worst month of that year’s selloff. Three months after that buy signal, the S&amp;P 500 was up 16%.</p><p>Todd Lowenstein, an equity strategist at The Private Bank at Union Bank, isn’t surprised insiders are buying hand over fist. “There is some good value emerging right now,” he says. “You can pick up quality businesses at a reasonable price.”</p><p><img src=\"https://static.tigerbbs.com/4f7bc42ba0badc1087872c7196ea5c01\" tg-width=\"700\" tg-height=\"498\" referrerpolicy=\"no-referrer\"/><b>By dollars amounts, the ratio of buying to selling has tripled to 0.29.</b>This compares to an average of 0.1 since 2016. This ratio also hit 0.29 in the December 2018 selling climax. Three months later, Nasdaq was up over 20%.</p><p><b>The ratio of the number of insiders buying vs. selling has more than doubled to 1.08.</b> That’s a solid buy signal for me because this ratio has averaged 0.39 since 2016. The only other time it pierced 1 since 2016 was during the pandemic panic in March 2020, when it rose to 2.2.</p><p>Over at Vickers Insider Weekly it’s the same story. “Corporate insiders have reacted with increasing optimism, expressing confidence that historically has come in advance of notable rallies,” according to a note published by Vickers Monday.</p><p><b>Vickers’ one-week insider sell/buy ratio recently fell to 0.91.</b>(Lower means more optimism.) This marks “a very rare period with more insider-purchase transactions than sales transactions,” says Vickers. The last time this happened was March 2020. Three months later the Dow Jones Industrial Average was up 35% and a year later it was up 70%. This ratio also fell below 1 in December 2018. The Dow then advanced 14% in three months.</p><p><b>Finally, big block sales are down sharply.</b> Leuthold Group Chief Investment Officer Doug Ramsey prefers to gauge insiders by measuring big transactions of either 100,000 shares or $1 million. He subtracts buys from sells to find “net sells” as a percentage of issues traded on the NYSE. This fell below 1% May 20, boosting this measure to “maximum bullish,” he says.</p><p><img src=\"https://static.tigerbbs.com/a09f5de85044e6699c9633c3a6eb38a7\" tg-width=\"700\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/>Three stocks insiders love</p><p>There are literally dozens of attractive stocks to consider, based on bullish insider buying. Here are three from the large cap world.</p><p><b>Home Depot</b></p><p><b>The insider buying</b>: A director recently purchased $431,000 worth of stock at $288 per share.</p><p>Shares of Home Depot, the world’s largest home improvement retailer, are down over 31% this year. This doesn’t really make sense because performance is great, especially for a retailer. First-quarter results confirmed this.</p><p>“The company beat on revenue. It beat on earnings and it raised guidance. But they still got punished by the market,” says Tengler, which owns the retailer on behalf of her clients at Laffer Tengler Investment. “The first quarter is usually slow, and this was their highest quarterly sales ever.”</p><p>Morgan Stanley analyst Simeon Gutman thinks the guidance raise was conservative.</p><p>One fear is the housing market slows down as home mortgages rise. But Tengler contends this isn’t really a negative, since people are more apt to do home improvements when they stay put.</p><p>“Given pent-up demand for home-improvement jobs and labor scarcity, the backlog of projects should persist throughout 2022,” says Gutman.</p><p>Home Depot also has pricing power, a plus in the inflation era. We know this because while the number of customer transactions slipped by 8% in the first quarter, the average ticket rose by 11.4% to $91.72. This helps support the company’s 15.5% operating margins which is high for the sector, says Lowenstein. He also likes the 2.7% dividend yield, and the fact that Home Depot can continue to boost the dividend since it produces so much free cash flow – an expected $15 billion this year.</p><p>J.P. Morgan analyst Christopher Horvers has an overweight rating on the company in part because he thinks it is resistant to Amazon.comAMZN,+2.57%.With home improvement projects, people prefer to touch and see products before they buy, and ask for advice. Morningstar Direct analyst Jaime Katz cites Home Depot’s size and brand strength to support a coveted wide moat rating on the name.</p><p><b>Morgan Stanley</b></p><p><b>The insider buying</b>: A director just bought $2 million worth of stock at $ 79.30.</p><p>As an investment bank, Morgan Stanley’s performance is directly linked to the stock market and the economy. This makes it a cyclical name with volatile results. Revenue slipped 5.7% in the first quarter to $14.8 billion. The stock is down 25% from highs earlier this year.</p><p>Look under the hood, and you’ll find some business diversification which offsets the cyclicality and volatility, contends Sonny Lin, a senior portfolio manager at Wealth Enhancement Group which has a position in this name. Last quarter, for example, market volatility helped create strong revenue gains in its trading arm, which offset weakness in investment banking and wealth management.</p><p>Tengler, whose Laffer Tengler Investments also owns the name, says the wealth management business is attractive because of the relatively predictability of fee income. “It looks like an annuity,” she says.</p><p>This business also has high profit margins, supporting an overall 20% return on tangible equity. Tengler also likes the strong free cash flow, backing the 3.4% dividend yield.</p><p><b>Coinbase</b></p><p><b>The insider buying</b>: A director recently bought $75 million worth at $63.92 to $72.85.</p><p>As goes crypto, so goes Coinbase.That’s because this company is the leading U.S.-based cryptocurrency exchange. As bitcoin, Ethereum, and other cryptocurrencies tanked 50% or more since November, transaction fees plummeted. First-quarter revenue fell 53.2% from the prior quarter to $1.16 billion.</p><p>On top of that operating costs rose sharply, by 111%. This pushed net income deep into the red. The upshot: Coinbase stock has fallen 83% since November to trade recently under $62. Down here, a director has said enough is enough, purchasing a sizable $75 million worth of stock.</p><p>What’s there to be bullish about? Bitcoin and other cryptocurrencies are here to stay despite regulatory challenges. Coinbase has built a reputation and track record that support its staying power and higher transaction fees, says Morningstar Direct analyst Michael Miller. He has a $131 fair value estimate on the stock, and a four-star rating out of a possible five.</p><p>Unlike other platforms, Coinbase has multiple revenue streams. It acts as an asset custodian and broker, and it offers collateralized loans, a crypto debit card, blockchain infrastructure support, and data analytics. Expansion into new product lines will now be easier because of the crypto downturn, says CEO Brian Armstrong. “We see the down period as a big opportunity because we’re able to acquire great talent as others pivot, get distracted, and get discouraged. We tend to do our best work in a down period.”</p><p>J.P. Morgan analyst Kenneth Worthington maintains his “overweight” rating, despite cutting his price target to $171 from $258, citing Armstrong’s strategy of continuing to invest in the business even though the tide has turned. Worthington also likes the company’s strong balance sheet.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120489731","content_text":"One of the troubling things about this market downturn is that as brutal as it got, corporate insiders never showed much interest in their discounted stocks.That’s changed in a big way. They’re bullish now — signaling the stock market is oversold and due for at least a short-term bounce if not more. Using history as a guide, the S&P 500,the Dow Jones Industrial Average and the Nasdaq Composite stand to advance 15%-20% over the next three months.How do we know? I’ve looked at the daily flow of insider buys for over two decades for my stock letter (link in bio below), so I have a good sense of when the volume and importantly the quality of insider buying picks up.“Quality” means buying by insiders with strong records, buying by executives over directors who are further from the business, and bullish formations like cluster buys. All of these signals have improved significantly.Insider services that track purchasing intensity have noticed the same thing. “We’ve definitely seen the ratio of insiders buying to selling spike,” says Mike Stein, research manager at The Washington Service. “They tend to call the bottom.”“I think insiders are the smart money. They understand the companies,” says Nancy Tengler, CEO and chief investment officer at Laffer Tengler Investments.Unlike me, Stein and Tengler are reluctant to say the bottom is in.But the numbers sure do suggest this. Here are data demonstrating the strength of the spike in insider buying, followed by my take on three large-cap names insiders really like right now. It’s worth noting The Washington Service excludes 10% owners — money managers who often lag the market but have to report as “insiders” because of large positions — to focus on pure insiders. This means employees and directors.First, the ratio of companies with insiders buying to those selling has doubled to 0.95(chart below). That’s a big deal because it is twice the average of 0.47 since 2016, according to data provided by The Washington Service. The only other time this ratio surpassed 1 since then was during the pandemic panic selling in March 2020. It came close (0.94) in December 2018, the worst month of that year’s selloff. Three months after that buy signal, the S&P 500 was up 16%.Todd Lowenstein, an equity strategist at The Private Bank at Union Bank, isn’t surprised insiders are buying hand over fist. “There is some good value emerging right now,” he says. “You can pick up quality businesses at a reasonable price.”By dollars amounts, the ratio of buying to selling has tripled to 0.29.This compares to an average of 0.1 since 2016. This ratio also hit 0.29 in the December 2018 selling climax. Three months later, Nasdaq was up over 20%.The ratio of the number of insiders buying vs. selling has more than doubled to 1.08. That’s a solid buy signal for me because this ratio has averaged 0.39 since 2016. The only other time it pierced 1 since 2016 was during the pandemic panic in March 2020, when it rose to 2.2.Over at Vickers Insider Weekly it’s the same story. “Corporate insiders have reacted with increasing optimism, expressing confidence that historically has come in advance of notable rallies,” according to a note published by Vickers Monday.Vickers’ one-week insider sell/buy ratio recently fell to 0.91.(Lower means more optimism.) This marks “a very rare period with more insider-purchase transactions than sales transactions,” says Vickers. The last time this happened was March 2020. Three months later the Dow Jones Industrial Average was up 35% and a year later it was up 70%. This ratio also fell below 1 in December 2018. The Dow then advanced 14% in three months.Finally, big block sales are down sharply. Leuthold Group Chief Investment Officer Doug Ramsey prefers to gauge insiders by measuring big transactions of either 100,000 shares or $1 million. He subtracts buys from sells to find “net sells” as a percentage of issues traded on the NYSE. This fell below 1% May 20, boosting this measure to “maximum bullish,” he says.Three stocks insiders loveThere are literally dozens of attractive stocks to consider, based on bullish insider buying. Here are three from the large cap world.Home DepotThe insider buying: A director recently purchased $431,000 worth of stock at $288 per share.Shares of Home Depot, the world’s largest home improvement retailer, are down over 31% this year. This doesn’t really make sense because performance is great, especially for a retailer. First-quarter results confirmed this.“The company beat on revenue. It beat on earnings and it raised guidance. But they still got punished by the market,” says Tengler, which owns the retailer on behalf of her clients at Laffer Tengler Investment. “The first quarter is usually slow, and this was their highest quarterly sales ever.”Morgan Stanley analyst Simeon Gutman thinks the guidance raise was conservative.One fear is the housing market slows down as home mortgages rise. But Tengler contends this isn’t really a negative, since people are more apt to do home improvements when they stay put.“Given pent-up demand for home-improvement jobs and labor scarcity, the backlog of projects should persist throughout 2022,” says Gutman.Home Depot also has pricing power, a plus in the inflation era. We know this because while the number of customer transactions slipped by 8% in the first quarter, the average ticket rose by 11.4% to $91.72. This helps support the company’s 15.5% operating margins which is high for the sector, says Lowenstein. He also likes the 2.7% dividend yield, and the fact that Home Depot can continue to boost the dividend since it produces so much free cash flow – an expected $15 billion this year.J.P. Morgan analyst Christopher Horvers has an overweight rating on the company in part because he thinks it is resistant to Amazon.comAMZN,+2.57%.With home improvement projects, people prefer to touch and see products before they buy, and ask for advice. Morningstar Direct analyst Jaime Katz cites Home Depot’s size and brand strength to support a coveted wide moat rating on the name.Morgan StanleyThe insider buying: A director just bought $2 million worth of stock at $ 79.30.As an investment bank, Morgan Stanley’s performance is directly linked to the stock market and the economy. This makes it a cyclical name with volatile results. Revenue slipped 5.7% in the first quarter to $14.8 billion. The stock is down 25% from highs earlier this year.Look under the hood, and you’ll find some business diversification which offsets the cyclicality and volatility, contends Sonny Lin, a senior portfolio manager at Wealth Enhancement Group which has a position in this name. Last quarter, for example, market volatility helped create strong revenue gains in its trading arm, which offset weakness in investment banking and wealth management.Tengler, whose Laffer Tengler Investments also owns the name, says the wealth management business is attractive because of the relatively predictability of fee income. “It looks like an annuity,” she says.This business also has high profit margins, supporting an overall 20% return on tangible equity. Tengler also likes the strong free cash flow, backing the 3.4% dividend yield.CoinbaseThe insider buying: A director recently bought $75 million worth at $63.92 to $72.85.As goes crypto, so goes Coinbase.That’s because this company is the leading U.S.-based cryptocurrency exchange. As bitcoin, Ethereum, and other cryptocurrencies tanked 50% or more since November, transaction fees plummeted. First-quarter revenue fell 53.2% from the prior quarter to $1.16 billion.On top of that operating costs rose sharply, by 111%. This pushed net income deep into the red. The upshot: Coinbase stock has fallen 83% since November to trade recently under $62. Down here, a director has said enough is enough, purchasing a sizable $75 million worth of stock.What’s there to be bullish about? Bitcoin and other cryptocurrencies are here to stay despite regulatory challenges. Coinbase has built a reputation and track record that support its staying power and higher transaction fees, says Morningstar Direct analyst Michael Miller. He has a $131 fair value estimate on the stock, and a four-star rating out of a possible five.Unlike other platforms, Coinbase has multiple revenue streams. It acts as an asset custodian and broker, and it offers collateralized loans, a crypto debit card, blockchain infrastructure support, and data analytics. Expansion into new product lines will now be easier because of the crypto downturn, says CEO Brian Armstrong. “We see the down period as a big opportunity because we’re able to acquire great talent as others pivot, get distracted, and get discouraged. We tend to do our best work in a down period.”J.P. Morgan analyst Kenneth Worthington maintains his “overweight” rating, despite cutting his price target to $171 from $258, citing Armstrong’s strategy of continuing to invest in the business even though the tide has turned. Worthington also likes the company’s strong balance sheet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022245633,"gmtCreate":1653537071622,"gmtModify":1676535300741,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Interesting article, thank you for sharing 🙏","listText":"Interesting article, thank you for sharing 🙏","text":"Interesting article, thank you for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022245633","repostId":"2238545949","repostType":2,"repost":{"id":"2238545949","pubTimestamp":1653536241,"share":"https://ttm.financial/m/news/2238545949?lang=&edition=fundamental","pubTime":"2022-05-26 11:37","market":"us","language":"en","title":"Why Palantir Stock Was a Winner on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2238545949","media":"Motley Fool","summary":"The company signed a new deal with an important client.","content":"<html><head></head><body><h2>What happened</h2><p>Data-mining and analytics specialist <a href=\"https://laohu8.com/S/PLTR\"><b>Palantir Technologies</b> </a> was a fine stock to own on Wednesday. The company&#39;s shares rocketed more than 5% higher on the happy news of a contract with one of the top automakers in the world.</p><p><img src=\"https://static.tigerbbs.com/46c38ea25936a38007cf5e62ce283ba0\" tg-width=\"872\" tg-height=\"666\" width=\"100%\" height=\"auto\"/></p><h2>So what</h2><p>Early that morning, Palantir said it has forged a new deal with <a href=\"https://laohu8.com/S/STLA\">Stellantis</a>, the big global auto manufacturer. Under the terms of the arrangement, Stellantis will implement the Palantir Foundry operating system (OS) throughout its business. Palantir Foundry is an OS-designed system to integrate the vast and disparate sources of data from an organization into a single system.</p><p>Among carmakers, Stellantis is one of the most sprawling manufacturers. It makes Chrysler, Dodge, Fiat, Ram, and Alfa Romeo vehicles, in addition to other brands. All told, 14 brands are in its portfolio; its peers concentrate on only a handful, at best.</p><p>In its press release on the arrangement, Palantir wrote, &#34;[T]his agreement will expand Palantir&#39;s previous relationships with Stellantis&#39; founding companies to a global, enterprisewide license across the company&#39;s vast ecosystem.&#34; It also added that, &#34;Foundry will also help increase Stellantis&#39; insight into parts availability and shift its tooling to meet the needs of customers in a supply driven world.&#34;</p><p>The company didn&#39;t provide any financial details of the latest Stellantis deal.</p><h2>Now what</h2><p>Although Stellantis is not a new customer for Palantir, it&#39;s a large, busy, and important one. So this expansion of the two companies&#39; partnership is unambiguously a win for the data specialist, even if we don&#39;t yet have any details about its financial size and scope.</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>Why Palantir Stock Was a Winner on Wednesday</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 Palantir Stock Was a Winner on Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-26 11:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/25/why-palantir-stock-was-a-winner-on-wednesday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedData-mining and analytics specialist Palantir Technologies  was a fine stock to own on Wednesday. The company's shares rocketed more than 5% higher on the happy news of a contract with ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/25/why-palantir-stock-was-a-winner-on-wednesday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc.","STLA":"Stellantis NV"},"source_url":"https://www.fool.com/investing/2022/05/25/why-palantir-stock-was-a-winner-on-wednesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238545949","content_text":"What happenedData-mining and analytics specialist Palantir Technologies  was a fine stock to own on Wednesday. The company's shares rocketed more than 5% higher on the happy news of a contract with one of the top automakers in the world.So whatEarly that morning, Palantir said it has forged a new deal with Stellantis, the big global auto manufacturer. Under the terms of the arrangement, Stellantis will implement the Palantir Foundry operating system (OS) throughout its business. Palantir Foundry is an OS-designed system to integrate the vast and disparate sources of data from an organization into a single system.Among carmakers, Stellantis is one of the most sprawling manufacturers. It makes Chrysler, Dodge, Fiat, Ram, and Alfa Romeo vehicles, in addition to other brands. All told, 14 brands are in its portfolio; its peers concentrate on only a handful, at best.In its press release on the arrangement, Palantir wrote, \"[T]his agreement will expand Palantir's previous relationships with Stellantis' founding companies to a global, enterprisewide license across the company's vast ecosystem.\" It also added that, \"Foundry will also help increase Stellantis' insight into parts availability and shift its tooling to meet the needs of customers in a supply driven world.\"The company didn't provide any financial details of the latest Stellantis deal.Now whatAlthough Stellantis is not a new customer for Palantir, it's a large, busy, and important one. So this expansion of the two companies' partnership is unambiguously a win for the data specialist, even if we don't yet have any details about its financial size and scope.","news_type":1},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028816996,"gmtCreate":1653193136015,"gmtModify":1676535238422,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice informative article, thank you for sharing 🙏","listText":"Nice informative article, thank you for sharing 🙏","text":"Nice informative article, thank you for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028816996","repostId":"1115019871","repostType":4,"repost":{"id":"1115019871","pubTimestamp":1653189309,"share":"https://ttm.financial/m/news/1115019871?lang=&edition=fundamental","pubTime":"2022-05-22 11:15","market":"us","language":"en","title":"Beyond Meat: Might Find A Bottom Soon","url":"https://stock-news.laohu8.com/highlight/detail?id=1115019871","media":"seekingalpha","summary":"SummaryThe massive sell-off created a tempting entry point opportunity for risk-seeking investors. D","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The massive sell-off created a tempting entry point opportunity for risk-seeking investors. Despite the drop, the risk for additional downside remains but BYND might find its bottom soon.</li><li>The company has neither an economic moat nor a durable competitive advantage supported by its declining profit margins.</li><li>The following quarters are critical for BYND and will clarify its future trajectory.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c25c70b7874ec492bee3622d0a913246\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>AegeanBlue/E+ via Getty Images</span></p><p><b>Investment Thesis</b></p><p>While the market remains pessimistic following the first-quarter results, the plunge in Beyond Meat, Inc. (NASDAQ:BYND) stock has incorporated into the stock price the relevant risks to a large extent. The massive sell-off createda tempting entry point opportunity for risk-seeking investors that can stomach additional downside risk. Despite the relatively low price of the stock compared to its all-time high levels, BYND needs to deliver meaningful results in the following quarters to qualify for a buy rating.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/feddb33de9ef09ef72c70dfd74cb4cea\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><b>The Company&#39;s Fundamentals</b></p><p>Beyond Meat has a leadership position in the fast-growing plant-based meat (PBM) or the alternative meat industry. The company produces PBM products, enabling customers &#34;to experience the taste, texture, and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating&#34; such products. Over the past decade, Beyond Meat has successfully innovated and added new products to its portfolio.</p><p>While Beyond Burger remains the company&#39;s flagship product and a major source of its revenues, it now has multiple products, including Beyond Sausage, Beyond Meatballs, Beyond Breakfast Sausages, Beyond Beef Crumbles, and Beyond Chicken Tenders. As of March 2022, the company&#39;s products were available in more than 135,000 retail and foodservice outlets in over 90 countries.</p><p><b>Q1&#39;s Results Were Disappointing</b></p><p>The company announced its Q1-2022 results on 11th May 2022, reporting revenues and gross margins below the industry&#39;s expectations. Beyond Meat&#39;s net revenues for the first quarter stood at $109.5 million compared to the industry expectations of $112.3 million. Although falling short of the industry&#39;s expectations, the revenues moderately increased by $1.3 million, up 1.2% YoY from Q1-2021. Despite the muted sales growth, the volume growth was up by 12%.</p><p>While commenting on the results, the management noted an increase in volume sold during the quarter, which was partially offset by lower net price per pound resulting from increased trade discounts. In addition, to a lesser extent, changes in product sales mix and foreign exchange rates have also negatively affected the net revenue figure.</p><p>As a result, the company&#39;s gross profit took a severe hit during the previous quarter and was reported at 0.2% compared to 30.2% in Q1-2021. In a statement, CEO Ethan Brown said that the company saw a &#34;sizable though temporary&#34; hit to its gross margin to support strategic launches, namely that of its plant-based jerky through its joint venture with PepsiCo (PEP). Despite the declining trend in profit margins, as the company scales and brings more production in-house, profits margins will meaningfully expand in the medium term. Undoubtedly, the recent quarters have proved that the company has no durable competitive advantage over its peers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/85ff3e5fce97571c7b8463f644045c27\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><b>Increasing Competition</b></p><p>The major competitor that Beyond Meat faces today exists in the form of Impossible Foods. While Impossible collects excellent reviews on the taste of its burger, there is an important distinction that separates Impossible from Beyond Meat. Impossible uses GMO (genetically modified organisms) in its product, while Beyond Meat is GMO-free. Not surprisingly, GMO foods are still not popularly accepted by the general public. A survey conducted by the International Food Information Council found that nearly half of the American public tends to avoid GMOs.</p><p>Moreover, due to its linkage with diseases, Europe banned GMOs, allowing BYND to gain greater market access than Impossible, which uses GMO ingredients. As a result, although there is immense competition in the market and several plant-based meat-producing companies have emerged in the recent past, Beyond Meat has the first-mover advantage. In addition, the company has formed strategic partnerships with well-known retail brands, which will enable the company to at least maintain its competitive position in the market.</p><p><b>Strategic Partnerships During Q1 2022</b></p><p>Beyond Meat formed partnerships with the leaders in the fast-food chain industry to take advantage of their retail chain as the demand for plant-based meat increases worldwide. Not surprisingly, during the first quarter, BYND announced partnerships with renowned brands like McDonald&#39;s (MCD), Pizza Hut, KFC, and PepsiCo.</p><p>As per the agreement with McDonald&#39;s Corporation, Beyond Meat became the preferred supplier of McDonald&#39;s for the patty in the restaurant&#39;s new plant-based burger, McPlant. McDonald&#39;s has already conducted market tests of McPlant in the US and added the product to menus across the UK, Ireland, and Austria. In addition, Pizza Hut included Beyond Meat as a permanent menu item across Canada. At the same time, KFC conducted a nationwide limited-time offering in the US, noting recently that its launch of Beyond Fried Chicken resulted in more media impressions than any other product launch in KFC&#39;s history. The company also launched a joint venture with PepsiCo and introduced three SKUs of Beyond Meat Jerky as part of the Planet Partnership. As a result, BYND, through its strategic partnerships, will gain additional global recognition and access to new markets.</p><p><b>Plant-Based Meat Expected CAGR Of 18.3%</b></p><p>The PBM industry is growing and presents a compelling future outlook as the awareness regarding the health benefits of a plant-based diet and social consciousness regarding the negative consequences of animal farming increases worldwide. According to a report by KBV research, The global market for plant-based meat is expected to reach $12.3 billion by 2027, suggesting a CAGR of 18.3%.</p><p>A paper published in Nature food stated that food production is responsible for 35% of all global emissions. The use of cows, pigs, and other animals for food and livestock feed is responsible for 57% of all food production emissions.Therefore, an increasing population and rising awareness among the masses on the carbon footprint of the traditional meat industry will serve as growth drivers for the plant-based meat industry as it promises fewer carbon emissions and a consumption style that doesn&#39;t weigh on the consciousness of people.</p><p>Beyond Meat embraces green initiatives as its products emit 90% fewer greenhouse gases and require 93% less land, 99% less water, and 46% less energy to produce than their meat equivalents. Finally, as Beyond Meat expands its product portfolio and matches the taste with animal-based meat, it sets the foundation for switching consumption behavior from consuming animal-based meat to the alternative PBM options.</p><p><b>The Untapped Huge Market In Asia</b></p><p>The PBM market has tremendous opportunities for growth in Asia, especially in China and India. The two countries inhabit around 35% of the world&#39;s population and therefore have a great demand for food products. A survey found significantly higher acceptance of clean and plant-based meat in India and China compared to the USA. China has minimal arable land and a large population to feed, so it has become the world&#39;s largest food importer. While India, with a largely vegetarian population, presents an excellent product-market fit for Beyond Meat. Beyond Meat has already expanded into China as the company opened its first production plant in China on April 7th, 2021. The facility&#39;s opening has opened up possibilities for the company to expand into the Chinese market in the future, which could significantly expand the company&#39;s global footprint.</p><p><b>Concluding Thoughts</b></p><p>The PBM industry still faces an uncertain future, and the demand for the products can fade away with changing trends or due to a perception of health risks associated with artificial meat. Moreover, the elevated prices of the company&#39;s products are also a big factor that can hamper future growth. The products offered by the company now might not be economically viable for everyone and currently attracts high-end customers for its premium and pricey products compared to primary raw animal meat.</p><p>The company faces a tough challenge to bring down its costs and make it financially viable for the consumers to purchase its products. Despite the disappointing Q1 results, BYND may find a bottom soon. I own BYND as part of my small model portfolio, and any unexpected drop below the $20 share price level might lead to a reassessment of the hold rating. Nevertheless, there is still a lot of progress to be made, and the following quarters will provide more clarity on BYND&#39;s future trajectory.</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>Beyond Meat: Might Find A Bottom Soon</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\">\nBeyond Meat: Might Find A Bottom Soon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-22 11:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4513397-beyond-meat-might-find-a-bottom-soon><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe massive sell-off created a tempting entry point opportunity for risk-seeking investors. Despite the drop, the risk for additional downside remains but BYND might find its bottom soon.The ...</p>\n\n<a href=\"https://seekingalpha.com/article/4513397-beyond-meat-might-find-a-bottom-soon\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BYND":"Beyond Meat, Inc."},"source_url":"https://seekingalpha.com/article/4513397-beyond-meat-might-find-a-bottom-soon","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1115019871","content_text":"SummaryThe massive sell-off created a tempting entry point opportunity for risk-seeking investors. Despite the drop, the risk for additional downside remains but BYND might find its bottom soon.The company has neither an economic moat nor a durable competitive advantage supported by its declining profit margins.The following quarters are critical for BYND and will clarify its future trajectory.AegeanBlue/E+ via Getty ImagesInvestment ThesisWhile the market remains pessimistic following the first-quarter results, the plunge in Beyond Meat, Inc. (NASDAQ:BYND) stock has incorporated into the stock price the relevant risks to a large extent. The massive sell-off createda tempting entry point opportunity for risk-seeking investors that can stomach additional downside risk. Despite the relatively low price of the stock compared to its all-time high levels, BYND needs to deliver meaningful results in the following quarters to qualify for a buy rating.Data by YChartsThe Company's FundamentalsBeyond Meat has a leadership position in the fast-growing plant-based meat (PBM) or the alternative meat industry. The company produces PBM products, enabling customers \"to experience the taste, texture, and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating\" such products. Over the past decade, Beyond Meat has successfully innovated and added new products to its portfolio.While Beyond Burger remains the company's flagship product and a major source of its revenues, it now has multiple products, including Beyond Sausage, Beyond Meatballs, Beyond Breakfast Sausages, Beyond Beef Crumbles, and Beyond Chicken Tenders. As of March 2022, the company's products were available in more than 135,000 retail and foodservice outlets in over 90 countries.Q1's Results Were DisappointingThe company announced its Q1-2022 results on 11th May 2022, reporting revenues and gross margins below the industry's expectations. Beyond Meat's net revenues for the first quarter stood at $109.5 million compared to the industry expectations of $112.3 million. Although falling short of the industry's expectations, the revenues moderately increased by $1.3 million, up 1.2% YoY from Q1-2021. Despite the muted sales growth, the volume growth was up by 12%.While commenting on the results, the management noted an increase in volume sold during the quarter, which was partially offset by lower net price per pound resulting from increased trade discounts. In addition, to a lesser extent, changes in product sales mix and foreign exchange rates have also negatively affected the net revenue figure.As a result, the company's gross profit took a severe hit during the previous quarter and was reported at 0.2% compared to 30.2% in Q1-2021. In a statement, CEO Ethan Brown said that the company saw a \"sizable though temporary\" hit to its gross margin to support strategic launches, namely that of its plant-based jerky through its joint venture with PepsiCo (PEP). Despite the declining trend in profit margins, as the company scales and brings more production in-house, profits margins will meaningfully expand in the medium term. Undoubtedly, the recent quarters have proved that the company has no durable competitive advantage over its peers.Data by YChartsIncreasing CompetitionThe major competitor that Beyond Meat faces today exists in the form of Impossible Foods. While Impossible collects excellent reviews on the taste of its burger, there is an important distinction that separates Impossible from Beyond Meat. Impossible uses GMO (genetically modified organisms) in its product, while Beyond Meat is GMO-free. Not surprisingly, GMO foods are still not popularly accepted by the general public. A survey conducted by the International Food Information Council found that nearly half of the American public tends to avoid GMOs.Moreover, due to its linkage with diseases, Europe banned GMOs, allowing BYND to gain greater market access than Impossible, which uses GMO ingredients. As a result, although there is immense competition in the market and several plant-based meat-producing companies have emerged in the recent past, Beyond Meat has the first-mover advantage. In addition, the company has formed strategic partnerships with well-known retail brands, which will enable the company to at least maintain its competitive position in the market.Strategic Partnerships During Q1 2022Beyond Meat formed partnerships with the leaders in the fast-food chain industry to take advantage of their retail chain as the demand for plant-based meat increases worldwide. Not surprisingly, during the first quarter, BYND announced partnerships with renowned brands like McDonald's (MCD), Pizza Hut, KFC, and PepsiCo.As per the agreement with McDonald's Corporation, Beyond Meat became the preferred supplier of McDonald's for the patty in the restaurant's new plant-based burger, McPlant. McDonald's has already conducted market tests of McPlant in the US and added the product to menus across the UK, Ireland, and Austria. In addition, Pizza Hut included Beyond Meat as a permanent menu item across Canada. At the same time, KFC conducted a nationwide limited-time offering in the US, noting recently that its launch of Beyond Fried Chicken resulted in more media impressions than any other product launch in KFC's history. The company also launched a joint venture with PepsiCo and introduced three SKUs of Beyond Meat Jerky as part of the Planet Partnership. As a result, BYND, through its strategic partnerships, will gain additional global recognition and access to new markets.Plant-Based Meat Expected CAGR Of 18.3%The PBM industry is growing and presents a compelling future outlook as the awareness regarding the health benefits of a plant-based diet and social consciousness regarding the negative consequences of animal farming increases worldwide. According to a report by KBV research, The global market for plant-based meat is expected to reach $12.3 billion by 2027, suggesting a CAGR of 18.3%.A paper published in Nature food stated that food production is responsible for 35% of all global emissions. The use of cows, pigs, and other animals for food and livestock feed is responsible for 57% of all food production emissions.Therefore, an increasing population and rising awareness among the masses on the carbon footprint of the traditional meat industry will serve as growth drivers for the plant-based meat industry as it promises fewer carbon emissions and a consumption style that doesn't weigh on the consciousness of people.Beyond Meat embraces green initiatives as its products emit 90% fewer greenhouse gases and require 93% less land, 99% less water, and 46% less energy to produce than their meat equivalents. Finally, as Beyond Meat expands its product portfolio and matches the taste with animal-based meat, it sets the foundation for switching consumption behavior from consuming animal-based meat to the alternative PBM options.The Untapped Huge Market In AsiaThe PBM market has tremendous opportunities for growth in Asia, especially in China and India. The two countries inhabit around 35% of the world's population and therefore have a great demand for food products. A survey found significantly higher acceptance of clean and plant-based meat in India and China compared to the USA. China has minimal arable land and a large population to feed, so it has become the world's largest food importer. While India, with a largely vegetarian population, presents an excellent product-market fit for Beyond Meat. Beyond Meat has already expanded into China as the company opened its first production plant in China on April 7th, 2021. The facility's opening has opened up possibilities for the company to expand into the Chinese market in the future, which could significantly expand the company's global footprint.Concluding ThoughtsThe PBM industry still faces an uncertain future, and the demand for the products can fade away with changing trends or due to a perception of health risks associated with artificial meat. Moreover, the elevated prices of the company's products are also a big factor that can hamper future growth. The products offered by the company now might not be economically viable for everyone and currently attracts high-end customers for its premium and pricey products compared to primary raw animal meat.The company faces a tough challenge to bring down its costs and make it financially viable for the consumers to purchase its products. Despite the disappointing Q1 results, BYND may find a bottom soon. I own BYND as part of my small model portfolio, and any unexpected drop below the $20 share price level might lead to a reassessment of the hold rating. Nevertheless, there is still a lot of progress to be made, and the following quarters will provide more clarity on BYND's future trajectory.","news_type":1},"isVote":1,"tweetType":1,"viewCount":352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028816060,"gmtCreate":1653193122150,"gmtModify":1676535238423,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice informative article, thank you for sharing 🙏","listText":"Nice informative article, thank you for sharing 🙏","text":"Nice informative article, thank you for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028816060","repostId":"1146547775","repostType":4,"repost":{"id":"1146547775","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1653190475,"share":"https://ttm.financial/m/news/1146547775?lang=&edition=fundamental","pubTime":"2022-05-22 11:34","market":"us","language":"en","title":"Tesla Drops To Number 2: Is Cathie Wood's Ark Invest Losing Confidence In Its Favorite Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=1146547775","media":"Benzinga","summary":"ZINGER KEY POINTSTesla is now no longer the top holding of Cathie Wood-run Ark Invest's flagship fun","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Tesla is now no longer the top holding of Cathie Wood-run Ark Invest&#39;s flagship fund</li><li>String of Tesla selling by the fund and the stock&#39;s precipitous drop have worked in unison to push the company to the second position</li></ul><p><img src=\"https://static.tigerbbs.com/f0d02eae0a03019c18c3b140383d8ad9\" tg-width=\"576\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p><b>Tesla, Inc.</b> stock has been going downhill since peaking in early November 2021. The weakness has intensified further after chief executive officer <b>Elon Musk</b> announced a passive stake in <b>Twitter, Inc.</b> and followed it up with an offer for the social media giant.</p><p><b>What Happened:</b>Amid the stock weakness, as an unintended consequence, Tesla&#39;s weighting in <b>Cathie Wood</b>-run Ark Invest&#39;s flagship <b>ARK Innovation ETF</b> (ARKK) has fallen to the second position.</p><p>Tesla&#39;s weighting in the ETF is currently at 8.21%, and in monetary value the stake is at $702 million.</p><p>The reduction apparently is due to a combination of proactive Tesla selling by the fund and the reduction in the value of Tesla shares following their recent sell-off.</p><p>Ark Invest, an actively-managed fund, has been selling shares for at least four quarters in a row, according to Bloomberg. The EV maker has been the top holding of the fund on almost all days since 2017, the report added.</p><p>The disposal of a stock, which Wood projected as a growth stock having a lot of room for a run-up, did raise some eyebrows. The liquidations, however, were in fractions. Wood had suggested in 2020 that the selling was to take advantage of Tesla stock&#39;s volatile trading pattern and to control the fund&#39;s position sizes.</p><p>Incidentally, Ark Invest recently updated its Tesla valuation framework, expecting the stock to hit $4,600 by 2026.</p><p><b>Tesla Didn&#39;t Do Itself Any Favor:</b>Meanwhile, Tesla stock has slumped from its all-time high of $1,243.49 on Nov. 4, 2021 and is now trading at sub-$700 levels. Musk&#39;s interest in Twitter and the uncertainty surrounding the financing the transaction, the need for the pledging of his Tesla shares, and his likely division of attention, all began working in the minds of investors.</p><p>This is evident from the steep pullback in shares since April 4, the day Musk disclosed his passive stake in Twitter.</p><p>The temporary shutdown of Giga Shanghai due to COVID lockdowns in the city and the subsequent reopening that has not led to full ramp is also pressuring the stock. Needless to mention, the ongoing macro tensions that are driving investors away from risky bets.</p><p><b>Meet The New Leader:</b>Video streaming device manufacturer <b>Roku, Inc.</b> is now the top holding of ARKK, accounting for about 8.38% of the fund.</p><p>Roku derives most of its revenue from ads served on its platforms, while it gets a share of pay-per-view and subscription revenue from third-party services sold through its platform. The company is a major beneficiary of the shift in ad dollars from traditional broadcast and cable services to streaming.</p><p>Analysts see scope of over 80% upside potential, going by the average analyst&#39;s price target of $171.63 for the stock, according to data provided by Yahoo Finance.</p><p>Tesla stock closed Friday&#39;s session 6.42% lower at $663.90, according to Benzinga Pro data.Roku lost 2.76% Friday before ending the week at $94.20.</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 Drops To Number 2: Is Cathie Wood's Ark Invest Losing Confidence In Its Favorite 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\">\nTesla Drops To Number 2: Is Cathie Wood's Ark Invest Losing Confidence In Its Favorite Stock?\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-05-22 11:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Tesla is now no longer the top holding of Cathie Wood-run Ark Invest&#39;s flagship fund</li><li>String of Tesla selling by the fund and the stock&#39;s precipitous drop have worked in unison to push the company to the second position</li></ul><p><img src=\"https://static.tigerbbs.com/f0d02eae0a03019c18c3b140383d8ad9\" tg-width=\"576\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/></p><p><b>Tesla, Inc.</b> stock has been going downhill since peaking in early November 2021. The weakness has intensified further after chief executive officer <b>Elon Musk</b> announced a passive stake in <b>Twitter, Inc.</b> and followed it up with an offer for the social media giant.</p><p><b>What Happened:</b>Amid the stock weakness, as an unintended consequence, Tesla&#39;s weighting in <b>Cathie Wood</b>-run Ark Invest&#39;s flagship <b>ARK Innovation ETF</b> (ARKK) has fallen to the second position.</p><p>Tesla&#39;s weighting in the ETF is currently at 8.21%, and in monetary value the stake is at $702 million.</p><p>The reduction apparently is due to a combination of proactive Tesla selling by the fund and the reduction in the value of Tesla shares following their recent sell-off.</p><p>Ark Invest, an actively-managed fund, has been selling shares for at least four quarters in a row, according to Bloomberg. The EV maker has been the top holding of the fund on almost all days since 2017, the report added.</p><p>The disposal of a stock, which Wood projected as a growth stock having a lot of room for a run-up, did raise some eyebrows. The liquidations, however, were in fractions. Wood had suggested in 2020 that the selling was to take advantage of Tesla stock&#39;s volatile trading pattern and to control the fund&#39;s position sizes.</p><p>Incidentally, Ark Invest recently updated its Tesla valuation framework, expecting the stock to hit $4,600 by 2026.</p><p><b>Tesla Didn&#39;t Do Itself Any Favor:</b>Meanwhile, Tesla stock has slumped from its all-time high of $1,243.49 on Nov. 4, 2021 and is now trading at sub-$700 levels. Musk&#39;s interest in Twitter and the uncertainty surrounding the financing the transaction, the need for the pledging of his Tesla shares, and his likely division of attention, all began working in the minds of investors.</p><p>This is evident from the steep pullback in shares since April 4, the day Musk disclosed his passive stake in Twitter.</p><p>The temporary shutdown of Giga Shanghai due to COVID lockdowns in the city and the subsequent reopening that has not led to full ramp is also pressuring the stock. Needless to mention, the ongoing macro tensions that are driving investors away from risky bets.</p><p><b>Meet The New Leader:</b>Video streaming device manufacturer <b>Roku, Inc.</b> is now the top holding of ARKK, accounting for about 8.38% of the fund.</p><p>Roku derives most of its revenue from ads served on its platforms, while it gets a share of pay-per-view and subscription revenue from third-party services sold through its platform. The company is a major beneficiary of the shift in ad dollars from traditional broadcast and cable services to streaming.</p><p>Analysts see scope of over 80% upside potential, going by the average analyst&#39;s price target of $171.63 for the stock, according to data provided by Yahoo Finance.</p><p>Tesla stock closed Friday&#39;s session 6.42% lower at $663.90, according to Benzinga Pro data.Roku lost 2.76% Friday before ending the week at $94.20.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","ROKU":"Roku Inc","ARKK":"ARK Innovation ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146547775","content_text":"ZINGER KEY POINTSTesla is now no longer the top holding of Cathie Wood-run Ark Invest's flagship fundString of Tesla selling by the fund and the stock's precipitous drop have worked in unison to push the company to the second positionTesla, Inc. stock has been going downhill since peaking in early November 2021. The weakness has intensified further after chief executive officer Elon Musk announced a passive stake in Twitter, Inc. and followed it up with an offer for the social media giant.What Happened:Amid the stock weakness, as an unintended consequence, Tesla's weighting in Cathie Wood-run Ark Invest's flagship ARK Innovation ETF (ARKK) has fallen to the second position.Tesla's weighting in the ETF is currently at 8.21%, and in monetary value the stake is at $702 million.The reduction apparently is due to a combination of proactive Tesla selling by the fund and the reduction in the value of Tesla shares following their recent sell-off.Ark Invest, an actively-managed fund, has been selling shares for at least four quarters in a row, according to Bloomberg. The EV maker has been the top holding of the fund on almost all days since 2017, the report added.The disposal of a stock, which Wood projected as a growth stock having a lot of room for a run-up, did raise some eyebrows. The liquidations, however, were in fractions. Wood had suggested in 2020 that the selling was to take advantage of Tesla stock's volatile trading pattern and to control the fund's position sizes.Incidentally, Ark Invest recently updated its Tesla valuation framework, expecting the stock to hit $4,600 by 2026.Tesla Didn't Do Itself Any Favor:Meanwhile, Tesla stock has slumped from its all-time high of $1,243.49 on Nov. 4, 2021 and is now trading at sub-$700 levels. Musk's interest in Twitter and the uncertainty surrounding the financing the transaction, the need for the pledging of his Tesla shares, and his likely division of attention, all began working in the minds of investors.This is evident from the steep pullback in shares since April 4, the day Musk disclosed his passive stake in Twitter.The temporary shutdown of Giga Shanghai due to COVID lockdowns in the city and the subsequent reopening that has not led to full ramp is also pressuring the stock. Needless to mention, the ongoing macro tensions that are driving investors away from risky bets.Meet The New Leader:Video streaming device manufacturer Roku, Inc. is now the top holding of ARKK, accounting for about 8.38% of the fund.Roku derives most of its revenue from ads served on its platforms, while it gets a share of pay-per-view and subscription revenue from third-party services sold through its platform. The company is a major beneficiary of the shift in ad dollars from traditional broadcast and cable services to streaming.Analysts see scope of over 80% upside potential, going by the average analyst's price target of $171.63 for the stock, according to data provided by Yahoo Finance.Tesla stock closed Friday's session 6.42% lower at $663.90, according to Benzinga Pro data.Roku lost 2.76% Friday before ending the week at $94.20.","news_type":1},"isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028811973,"gmtCreate":1653192929392,"gmtModify":1676535238384,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice informative article, thank you for sharing 🙏","listText":"Nice informative article, thank you for sharing 🙏","text":"Nice informative article, thank you for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028811973","repostId":"1164696913","repostType":4,"repost":{"id":"1164696913","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1653098643,"share":"https://ttm.financial/m/news/1164696913?lang=&edition=fundamental","pubTime":"2022-05-21 10:04","market":"us","language":"en","title":"6 Stocks To Watch Amid Monkeypox Outbreak","url":"https://stock-news.laohu8.com/highlight/detail?id=1164696913","media":"Benzinga","summary":"ZINGER KEY POINTSMonkeypox, a relative to smallpox, is a rare disease thought to be limited to two r","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Monkeypox, a relative to smallpox, is a rare disease thought to be limited to two regions in Africa and has two main types.</li><li>Several stocks related to vaccines and pharmaceuticals moved on the news of the outbreak.</li></ul><p><img src=\"https://static.tigerbbs.com/b49c0f1a53eca9dbeef966d0773daaae\" tg-width=\"576\" tg-height=\"384\" width=\"100%\" height=\"auto\"/></p><p>A Monkeypox outbreak has been reported in several European countries, two cases in Canada and one confirmed case in a man from Massachusetts.</p><p><b>What&#39;s going on?</b>Monkeypox, a relative to smallpox, is a rare disease thought to be limited to two regions in Africa and has two main types: the Central African strain, which has a fatality rate of up to 10%, and the West African strain, which has a fatality rate of around 1%. The cases in question are believed to be the less fatal West African strain.</p><p>Fever, rash and swollen lymph nodes are among the symptoms of monkeypox. While each symptom should be taken seriously, swollen lymph nodes especially can lead to various medical concerns. It is believed that the smallpox vaccine, which was first introduced in 1796, is effective against monkeypox.</p><p>Several stocks related to vaccines and pharmaceuticals moved on the news of the outbreak; here is a list of six.</p><p><b>Bavarian Nordic A/S - ADR</b> BVNRY</p><p><b>Market cap:</b>$810.95 million</p><p>Bavarian Nordic says it is highly specialized in researching, developing and manufacturing vaccines based on viral vectors to deliver antigens targeting infectious diseases and cancers.</p><p>More than that, Bavarian has built its foundation around poxviral-based vaccine platform technologies, particularly its proprietary technology,<b>Modified Vaccinia Ankara – Bavarian Nordic (MVA-BN)</b>.</p><p>MVA-BN is approved as a smallpox vaccine in the U.S., Canada and the EU.</p><p><b>SIGA Technologies, Inc.</b> SIGA</p><p><b>Market cap:</b>$805.89 million</p><p>Siga Tech is a pharmaceutical company based in New York City that focuses on anti-viral smallpox treatment solutions.</p><p>The company’s leading product,<b>Tecovirimat</b>(Tpoxx), is an antiviral medication with activity against orthopoxviruses such as smallpox and monkeypox.</p><p>Siga was awarded a contract by the U.S Department of Defense on May 12 to produce approximately $7.5 million worth of the oral version of Tpoxx.</p><p><b>Chimerix Inc</b> CMRX</p><p><b>Market cap:</b>$205 million</p><p>Chimerix is a biopharmaceutical company that develops oral antiviral treatments, including <b>Tembexa</b>, a smallpox oral antiviral tablet approved by the FDA in 2021.</p><p>Emergent BioSolutions (see below) announced a deal with Chimerix on Monday to acquire exclusive rights to Tembexa.</p><p><b>Emergent Biosolutions Inc</b> EBS</p><p><b>Market cap:</b>$1.76 billion</p><p>Emergent is a multinational biopharmaceutical company that develops vaccines and antibody therapeutics for infectious diseases.</p><p>The company currently produces <b>ACAM2000</b>, a vaccine for smallpox and announced a deal to acquire Chimerix’s FDA-approved antiviral smallpox therapy.</p><p><b>Inovio Pharmaceuticals Inc</b> INO</p><p><b>Market cap:</b>$421.44 million</p><p>Inovio is a biotech company focused on discovering, developing and commercializing synthetic DNA products for treating cancers and infectious diseases.</p><p>In 2010, Inovio made news when it announced its smallpox DNA vaccine offered 100% protection in non-human primates against a highly pathogenic monkeypox challenge after vaccination.</p><p><b>Tonix Pharmaceuticals Holding Corp</b> TNXP</p><p><b>Market cap:</b>$47 million</p><p>Tonix is a pharmaceutical company based in New Jersey that focuses on repurposed drugs for central nervous system conditions.</p><p>Tonix is a producer of the <b>TNX-801</b> vaccine, effective against smallpox and monkeypox.</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>6 Stocks To Watch Amid Monkeypox Outbreak</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\">\n6 Stocks To Watch Amid Monkeypox Outbreak\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-05-21 10:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Monkeypox, a relative to smallpox, is a rare disease thought to be limited to two regions in Africa and has two main types.</li><li>Several stocks related to vaccines and pharmaceuticals moved on the news of the outbreak.</li></ul><p><img src=\"https://static.tigerbbs.com/b49c0f1a53eca9dbeef966d0773daaae\" tg-width=\"576\" tg-height=\"384\" width=\"100%\" height=\"auto\"/></p><p>A Monkeypox outbreak has been reported in several European countries, two cases in Canada and one confirmed case in a man from Massachusetts.</p><p><b>What&#39;s going on?</b>Monkeypox, a relative to smallpox, is a rare disease thought to be limited to two regions in Africa and has two main types: the Central African strain, which has a fatality rate of up to 10%, and the West African strain, which has a fatality rate of around 1%. The cases in question are believed to be the less fatal West African strain.</p><p>Fever, rash and swollen lymph nodes are among the symptoms of monkeypox. While each symptom should be taken seriously, swollen lymph nodes especially can lead to various medical concerns. It is believed that the smallpox vaccine, which was first introduced in 1796, is effective against monkeypox.</p><p>Several stocks related to vaccines and pharmaceuticals moved on the news of the outbreak; here is a list of six.</p><p><b>Bavarian Nordic A/S - ADR</b> BVNRY</p><p><b>Market cap:</b>$810.95 million</p><p>Bavarian Nordic says it is highly specialized in researching, developing and manufacturing vaccines based on viral vectors to deliver antigens targeting infectious diseases and cancers.</p><p>More than that, Bavarian has built its foundation around poxviral-based vaccine platform technologies, particularly its proprietary technology,<b>Modified Vaccinia Ankara – Bavarian Nordic (MVA-BN)</b>.</p><p>MVA-BN is approved as a smallpox vaccine in the U.S., Canada and the EU.</p><p><b>SIGA Technologies, Inc.</b> SIGA</p><p><b>Market cap:</b>$805.89 million</p><p>Siga Tech is a pharmaceutical company based in New York City that focuses on anti-viral smallpox treatment solutions.</p><p>The company’s leading product,<b>Tecovirimat</b>(Tpoxx), is an antiviral medication with activity against orthopoxviruses such as smallpox and monkeypox.</p><p>Siga was awarded a contract by the U.S Department of Defense on May 12 to produce approximately $7.5 million worth of the oral version of Tpoxx.</p><p><b>Chimerix Inc</b> CMRX</p><p><b>Market cap:</b>$205 million</p><p>Chimerix is a biopharmaceutical company that develops oral antiviral treatments, including <b>Tembexa</b>, a smallpox oral antiviral tablet approved by the FDA in 2021.</p><p>Emergent BioSolutions (see below) announced a deal with Chimerix on Monday to acquire exclusive rights to Tembexa.</p><p><b>Emergent Biosolutions Inc</b> EBS</p><p><b>Market cap:</b>$1.76 billion</p><p>Emergent is a multinational biopharmaceutical company that develops vaccines and antibody therapeutics for infectious diseases.</p><p>The company currently produces <b>ACAM2000</b>, a vaccine for smallpox and announced a deal to acquire Chimerix’s FDA-approved antiviral smallpox therapy.</p><p><b>Inovio Pharmaceuticals Inc</b> INO</p><p><b>Market cap:</b>$421.44 million</p><p>Inovio is a biotech company focused on discovering, developing and commercializing synthetic DNA products for treating cancers and infectious diseases.</p><p>In 2010, Inovio made news when it announced its smallpox DNA vaccine offered 100% protection in non-human primates against a highly pathogenic monkeypox challenge after vaccination.</p><p><b>Tonix Pharmaceuticals Holding Corp</b> TNXP</p><p><b>Market cap:</b>$47 million</p><p>Tonix is a pharmaceutical company based in New Jersey that focuses on repurposed drugs for central nervous system conditions.</p><p>Tonix is a producer of the <b>TNX-801</b> vaccine, effective against smallpox and monkeypox.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TNXP":"Tonix Pharmaceuticals Holding Co","CMRX":"Chimerix Inc.","EBS":"Emergent Biosolutions","INO":"伊诺维奥制药","SIGA":"SIGA Technologies Inc","BVNRY":"Bavarian Nordic A/S"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164696913","content_text":"ZINGER KEY POINTSMonkeypox, a relative to smallpox, is a rare disease thought to be limited to two regions in Africa and has two main types.Several stocks related to vaccines and pharmaceuticals moved on the news of the outbreak.A Monkeypox outbreak has been reported in several European countries, two cases in Canada and one confirmed case in a man from Massachusetts.What's going on?Monkeypox, a relative to smallpox, is a rare disease thought to be limited to two regions in Africa and has two main types: the Central African strain, which has a fatality rate of up to 10%, and the West African strain, which has a fatality rate of around 1%. The cases in question are believed to be the less fatal West African strain.Fever, rash and swollen lymph nodes are among the symptoms of monkeypox. While each symptom should be taken seriously, swollen lymph nodes especially can lead to various medical concerns. It is believed that the smallpox vaccine, which was first introduced in 1796, is effective against monkeypox.Several stocks related to vaccines and pharmaceuticals moved on the news of the outbreak; here is a list of six.Bavarian Nordic A/S - ADR BVNRYMarket cap:$810.95 millionBavarian Nordic says it is highly specialized in researching, developing and manufacturing vaccines based on viral vectors to deliver antigens targeting infectious diseases and cancers.More than that, Bavarian has built its foundation around poxviral-based vaccine platform technologies, particularly its proprietary technology,Modified Vaccinia Ankara – Bavarian Nordic (MVA-BN).MVA-BN is approved as a smallpox vaccine in the U.S., Canada and the EU.SIGA Technologies, Inc. SIGAMarket cap:$805.89 millionSiga Tech is a pharmaceutical company based in New York City that focuses on anti-viral smallpox treatment solutions.The company’s leading product,Tecovirimat(Tpoxx), is an antiviral medication with activity against orthopoxviruses such as smallpox and monkeypox.Siga was awarded a contract by the U.S Department of Defense on May 12 to produce approximately $7.5 million worth of the oral version of Tpoxx.Chimerix Inc CMRXMarket cap:$205 millionChimerix is a biopharmaceutical company that develops oral antiviral treatments, including Tembexa, a smallpox oral antiviral tablet approved by the FDA in 2021.Emergent BioSolutions (see below) announced a deal with Chimerix on Monday to acquire exclusive rights to Tembexa.Emergent Biosolutions Inc EBSMarket cap:$1.76 billionEmergent is a multinational biopharmaceutical company that develops vaccines and antibody therapeutics for infectious diseases.The company currently produces ACAM2000, a vaccine for smallpox and announced a deal to acquire Chimerix’s FDA-approved antiviral smallpox therapy.Inovio Pharmaceuticals Inc INOMarket cap:$421.44 millionInovio is a biotech company focused on discovering, developing and commercializing synthetic DNA products for treating cancers and infectious diseases.In 2010, Inovio made news when it announced its smallpox DNA vaccine offered 100% protection in non-human primates against a highly pathogenic monkeypox challenge after vaccination.Tonix Pharmaceuticals Holding Corp TNXPMarket cap:$47 millionTonix is a pharmaceutical company based in New Jersey that focuses on repurposed drugs for central nervous system conditions.Tonix is a producer of the TNX-801 vaccine, effective against smallpox and monkeypox.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028813490,"gmtCreate":1653192915810,"gmtModify":1676535238368,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice informative article, thank you for sharing 🙏","listText":"Nice informative article, thank you for sharing 🙏","text":"Nice informative article, thank you for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028813490","repostId":"2237880958","repostType":4,"repost":{"id":"2237880958","pubTimestamp":1653179341,"share":"https://ttm.financial/m/news/2237880958?lang=&edition=fundamental","pubTime":"2022-05-22 08:29","market":"us","language":"en","title":"Buy the Dip Or Sell the \"Rip\"?: What's Ahead for Stock Investors As \"Sticky\" Inflation Fears Heighten Consumer Concern","url":"https://stock-news.laohu8.com/highlight/detail?id=2237880958","media":"MarketWatch","summary":"Stock-market bottoms tend to form after a 'panic selloff,' says Tastytrade's chief market strategist","content":"<html><head></head><body><p>Stock-market bottoms tend to form after a &#39;panic selloff,&#39; says Tastytrade&#39;s chief market strategist</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31b4e6009914f20c21b505fb59a49907\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/><span>The stock market has been rocky amid rising recession risks and high inflation.</span></p><p>Investors, already grappling with a sinking stock market and fears that the U.S. economy may be heading for a recession, now turn their focus to the consumer. For one thing, consumer discretionary stocks are among the hardest hit.</p><p>The market&#39;s fixation on peak inflation and how many times the Federal Reserve could hike interest rates is giving way to recession fears, according to Paul Christopher, head of global market strategy at Wells Fargo Investment Institute.</p><p>That shift was seen over the past week, as stocks sank amid investor worries over consumer spending trends, said Christopher, in a phone interview.</p><p>&#34;The market is finally starting to price in realistically a recession,&#34; he said.</p><p>For now, the mood of consumers has proven as hard to pin down as market entries and exits.</p><p>The slump has been &#34;very difficult to sit through,&#34; said JJ Kinahan, chief market strategist for online brokerage firm Tastytrade Inc., in a phone interview. &#34;It&#39;s like going in and boxing day after day, getting your butt kicked, but you haven&#39;t been knocked out yet. So you have to go back in and box again.&#34;</p><p>Stocks have not yet seen a &#34;big low,&#34; and because the market is vulnerable to a bear-market rally, sell any &#34;rips,&#34; advised investment strategists at BofA Global Research, in a May 19 note.</p><p>On Friday, the S&amp;P 500 index  traded into bear-market territory yet avoided closing there as it eked out a gain in a mixed close for U.S. stocks. Still, the S&amp;P 500 and other major benchmarks suffered another week of losses, with the Dow Jones Industrial Average   booking an eighth straight weekly decline for its longest losing streak since April 1932.</p><p>In a May 18 note, Wells Fargo Investment Institute said it was adjusting its equities guidance and price targets for a &#34;likely&#34; recession, upgrading the utilities sector to &#34;neutral&#34; from &#34;most unfavorable.&#34; Utilities are considered defensive, unlike the consumer-discretionary sector, which Wells Fargo downgraded to &#34;unfavorable&#34; from &#34;neutral,&#34; according to the note.</p><p>Consumer discretionary  was the worst performing sector of the S&amp;P 500 index Friday, closing lower and booking a seventh straight week of declines for its longest losing streak since July 1996, according to Dow Jones Market Data.</p><p>Here are Wells Fargo&#39;s equity sector preferences, as seen in its May 18 report.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4406b38e7adcad9f5a1185e010e66277\" tg-width=\"700\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/><span>WELLS FARGO INVESTMENT INSTITUTE</span></p><p><b>&#39;Sticky&#39; inflation</b></p><p>&#34;Inflation is hitting purchasing power,&#34; said Christopher. &#34;It&#39;s so sticky,&#34; he said, &#34;that it&#39;s going to be with us for a while, even after the Fed raises rates.&#34;</p><p>Profit misses in earnings results reported by Walmart Inc. and Target Corp. this past week sparked investor concern that high inflation is crimping consumer spending, while eating into companies&#39; profit margins. Shares of Walmart plunged more than 19% in the past week and Target plummeted around 29%.</p><p>&#34;Unfortunately, gasoline prices bounced back up to another record high in May and with inflation rampant across most categories, people are spending more money on fewer items,&#34; said Beth Ann Bovino, U.S. chief economist for S&amp;P Global Ratings, in emailed comments on May 17.</p><p>When S&amp;P adjusted U.S. retail sales in April for inflation, &#34;a frightening split has appeared over the last year, and has only gotten wider through April,&#34; said Bovino.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3e3917ed259a01a2169979d1fc3080fd\" tg-width=\"700\" tg-height=\"535\" referrerpolicy=\"no-referrer\"/><span>S&amp;P GLOBAL</span></p><p>&#34;Purchasing power has been squeezed, particularly for low-income households,&#34; she said. &#34;While savings stored up during the pandemic has given households a cushion to absorb these higher prices, eventually these buffers run thin.&#34;</p><p>Although the labor market remains strong, new U.S. jobless claims during the week ending May 14 climbed to a four-month high. Christopher said that Wells Fargo Investment Institute believes &#34;a mild recession&#34; may begin late this year.</p><p>They&#39;re not alone.</p><p>&#34;We continue to expect that the financial conditions tightening triggered by Fed policy will likely lead to a recession by end 2023,&#34; wrote Deutsche Bank analysts led by chief U.S. economist Matthew Luzzetti, in a research note dated May 20. &#34;Over the past several weeks, U.S. financial conditions have tightened sharply.&#34;</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/82d0727a73fde6613cb96bc10431a7d1\" tg-width=\"700\" tg-height=\"454\" referrerpolicy=\"no-referrer\"/><span>WELLS FARGO INVESTMENT INSTITUTE</span></p><p>This coming week, investors will get fresh economic data on inflation, consumer spending and disposable income. The U.S. economic calendar also includes readings on consumer sentiment, U.S. manufacturing and services, initial jobless claims, and minutes from the Federal Open Market Committee&#39;s last policy meeting.</p><p><b>Jittery investors</b></p><p>While investors are jittery, stock-market bottoms tend to form after a &#34;panic selloff,&#34; and the recent slump so far has been &#34;orderly,&#34; according to Tastytrade&#39;s Kinahan.</p><p>The S&amp;P 500 has dropped about 18% this year through Friday, while the Dow has fallen 14% and the technology-heavy Nasdaq Composite has tumbled around 27%, according to FactSet.</p><p>Through the lens of bullish investors, bear markets entail &#34;feral, fearful, dystopian price action,&#34; the BofA investment strategists wrote in their note. &#34;The tape shows big damage already,&#34; with &#34;inflation shock&#34; largely priced in along with &#34;rates shock.&#34;</p><p>Once &#34;recession shock&#34; is discounted, &#34;lows will be set,&#34; the strategists wrote, citing a bullish perspective.</p><p>Both Kinahan and Wells Fargo&#39;s Christopher cautioned against trying to time the market, with Kinahan describing any attempt to pick a bottom as a &#34;fool&#39;s errand.&#34;</p><p>Christopher said investors might consider putting small amounts of cash to work over time as the market falls to new lows, and buying quality stocks to minimize losses. &#34;If you&#39;re a longer-term investor, you don&#39;t want to pull money out of the market,&#34; he said.</p><p>With recession risks rising, Wells Fargo Investment Institute has cut its year-end target price range for the S&amp;P 500 to 4,200-4,400 from 4,500-4,700, its report shows. That&#39;s above the index&#39;s close Friday at 3,901.</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>Buy the Dip Or Sell the \"Rip\"?: What's Ahead for Stock Investors As \"Sticky\" Inflation Fears Heighten Consumer Concern</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy the Dip Or Sell the \"Rip\"?: What's Ahead for Stock Investors As \"Sticky\" Inflation Fears Heighten Consumer Concern\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-22 08:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-dip-or-sell-the-rip-whats-ahead-for-stock-investors-as-sticky-inflation-fears-heighten-consumer-concern-11653138573?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock-market bottoms tend to form after a 'panic selloff,' says Tastytrade's chief market strategistThe stock market has been rocky amid rising recession risks and high inflation.Investors, already ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-dip-or-sell-the-rip-whats-ahead-for-stock-investors-as-sticky-inflation-fears-heighten-consumer-concern-11653138573?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":{"TGT":"塔吉特",".SPX":"S&P 500 Index","WMT":"沃尔玛",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/buy-the-dip-or-sell-the-rip-whats-ahead-for-stock-investors-as-sticky-inflation-fears-heighten-consumer-concern-11653138573?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2237880958","content_text":"Stock-market bottoms tend to form after a 'panic selloff,' says Tastytrade's chief market strategistThe stock market has been rocky amid rising recession risks and high inflation.Investors, already grappling with a sinking stock market and fears that the U.S. economy may be heading for a recession, now turn their focus to the consumer. For one thing, consumer discretionary stocks are among the hardest hit.The market's fixation on peak inflation and how many times the Federal Reserve could hike interest rates is giving way to recession fears, according to Paul Christopher, head of global market strategy at Wells Fargo Investment Institute.That shift was seen over the past week, as stocks sank amid investor worries over consumer spending trends, said Christopher, in a phone interview.\"The market is finally starting to price in realistically a recession,\" he said.For now, the mood of consumers has proven as hard to pin down as market entries and exits.The slump has been \"very difficult to sit through,\" said JJ Kinahan, chief market strategist for online brokerage firm Tastytrade Inc., in a phone interview. \"It's like going in and boxing day after day, getting your butt kicked, but you haven't been knocked out yet. So you have to go back in and box again.\"Stocks have not yet seen a \"big low,\" and because the market is vulnerable to a bear-market rally, sell any \"rips,\" advised investment strategists at BofA Global Research, in a May 19 note.On Friday, the S&P 500 index  traded into bear-market territory yet avoided closing there as it eked out a gain in a mixed close for U.S. stocks. Still, the S&P 500 and other major benchmarks suffered another week of losses, with the Dow Jones Industrial Average   booking an eighth straight weekly decline for its longest losing streak since April 1932.In a May 18 note, Wells Fargo Investment Institute said it was adjusting its equities guidance and price targets for a \"likely\" recession, upgrading the utilities sector to \"neutral\" from \"most unfavorable.\" Utilities are considered defensive, unlike the consumer-discretionary sector, which Wells Fargo downgraded to \"unfavorable\" from \"neutral,\" according to the note.Consumer discretionary  was the worst performing sector of the S&P 500 index Friday, closing lower and booking a seventh straight week of declines for its longest losing streak since July 1996, according to Dow Jones Market Data.Here are Wells Fargo's equity sector preferences, as seen in its May 18 report.WELLS FARGO INVESTMENT INSTITUTE'Sticky' inflation\"Inflation is hitting purchasing power,\" said Christopher. \"It's so sticky,\" he said, \"that it's going to be with us for a while, even after the Fed raises rates.\"Profit misses in earnings results reported by Walmart Inc. and Target Corp. this past week sparked investor concern that high inflation is crimping consumer spending, while eating into companies' profit margins. Shares of Walmart plunged more than 19% in the past week and Target plummeted around 29%.\"Unfortunately, gasoline prices bounced back up to another record high in May and with inflation rampant across most categories, people are spending more money on fewer items,\" said Beth Ann Bovino, U.S. chief economist for S&P Global Ratings, in emailed comments on May 17.When S&P adjusted U.S. retail sales in April for inflation, \"a frightening split has appeared over the last year, and has only gotten wider through April,\" said Bovino.S&P GLOBAL\"Purchasing power has been squeezed, particularly for low-income households,\" she said. \"While savings stored up during the pandemic has given households a cushion to absorb these higher prices, eventually these buffers run thin.\"Although the labor market remains strong, new U.S. jobless claims during the week ending May 14 climbed to a four-month high. Christopher said that Wells Fargo Investment Institute believes \"a mild recession\" may begin late this year.They're not alone.\"We continue to expect that the financial conditions tightening triggered by Fed policy will likely lead to a recession by end 2023,\" wrote Deutsche Bank analysts led by chief U.S. economist Matthew Luzzetti, in a research note dated May 20. \"Over the past several weeks, U.S. financial conditions have tightened sharply.\"WELLS FARGO INVESTMENT INSTITUTEThis coming week, investors will get fresh economic data on inflation, consumer spending and disposable income. The U.S. economic calendar also includes readings on consumer sentiment, U.S. manufacturing and services, initial jobless claims, and minutes from the Federal Open Market Committee's last policy meeting.Jittery investorsWhile investors are jittery, stock-market bottoms tend to form after a \"panic selloff,\" and the recent slump so far has been \"orderly,\" according to Tastytrade's Kinahan.The S&P 500 has dropped about 18% this year through Friday, while the Dow has fallen 14% and the technology-heavy Nasdaq Composite has tumbled around 27%, according to FactSet.Through the lens of bullish investors, bear markets entail \"feral, fearful, dystopian price action,\" the BofA investment strategists wrote in their note. \"The tape shows big damage already,\" with \"inflation shock\" largely priced in along with \"rates shock.\"Once \"recession shock\" is discounted, \"lows will be set,\" the strategists wrote, citing a bullish perspective.Both Kinahan and Wells Fargo's Christopher cautioned against trying to time the market, with Kinahan describing any attempt to pick a bottom as a \"fool's errand.\"Christopher said investors might consider putting small amounts of cash to work over time as the market falls to new lows, and buying quality stocks to minimize losses. \"If you're a longer-term investor, you don't want to pull money out of the market,\" he said.With recession risks rising, Wells Fargo Investment Institute has cut its year-end target price range for the S&P 500 to 4,200-4,400 from 4,500-4,700, its report shows. That's above the index's close Friday at 3,901.","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028813380,"gmtCreate":1653192899640,"gmtModify":1676535238353,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice informative article, thank you for sharing 🙏","listText":"Nice informative article, thank you for sharing 🙏","text":"Nice informative article, thank you for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028813380","repostId":"2237028702","repostType":2,"repost":{"id":"2237028702","pubTimestamp":1653192000,"share":"https://ttm.financial/m/news/2237028702?lang=&edition=fundamental","pubTime":"2022-05-22 12:00","market":"us","language":"en","title":"Nvidia: Ridiculous Times Indeed","url":"https://stock-news.laohu8.com/highlight/detail?id=2237028702","media":"Seekingalpha","summary":"SummaryA friendly reminder that Nvidia will be reporting FQ1'23 earnings on 25 May 2022.In light of ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>A friendly reminder that Nvidia will be reporting FQ1&#39;23 earnings on 25 May 2022.</li><li>In light of macro issues and the collapse of the cryptocurrency market, we expect short-term pain ahead.</li><li>As a result, we encourage patience for NVDA investors for now, given the recent market consolidation.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d7343c8a58ddc860a09d49a813086a1\" tg-width=\"1080\" tg-height=\"741\" referrerpolicy=\"no-referrer\"/><span>Diamond Dogs/iStock via Getty Images</span></p><p><b>Investment Thesis</b></p><p>Nvidia (NASDAQ:NVDA) is expected to report earnings for FQ1&#39;23 on 25 May 2022. However, investors should not be rushing to play the earnings game, considering the macro pessimism. Furthermore, given how NVDA had been closely tied to the cryptocurrency mining, we may expect reduced sales moving forward, seeing how the whole market had lost over $1T of combined value in recent days.</p><p>However, we encourage NVDA investors to ignore the noise as the stock remains a solid investment for the next decade. Nonetheless, please do not buy the dip as we expect the stock to retrace in the next few weeks, as the market grapples with the macro pessimism and crypto crash.</p><p><b>Why Did NVDA Fall From Grace?</b></p><p><b>NVDA Revenue, Net Income, and Gross Margin</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c8b7f527622943487f298f58aec0a8f\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>S&amp;P Capital IQ</span></p><p>Pre-pandemic, NVDA had grown its revenue and net income at a steady CAGR of 16.44% and 18.9%. It obviously grew exponentially in the past two years, given the massive demand for personal devices due to the increased remote work/ study/ entertainment options during the COVID-19 pandemic. As a result, NVDA grew its revenues at a tremendous CAGR of 57.05%, while its net income rose even faster at a CAGR of 86.94%. The company also steadily improved its gross margins from 58.8% in FY2017 to 64.9% in FY2022.</p><p><b>NVDA 5Y Stock Price</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41f98282f6ea46ae8ad6b84c285f70dc\" tg-width=\"640\" tg-height=\"229\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p>As a result, it is evident that NVDA investors had benefited from its stellar growth, given that the stock had risen by 580% in the past two years, before the drastic moderation that occurred in late 2021.</p><p><b>NVDA 5Y EV/Revenue and P/E Valuations</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb56f00646af22e85bd8a43914c1b14a\" tg-width=\"640\" tg-height=\"228\" referrerpolicy=\"no-referrer\"/><span>S&amp;P Capital IQ</span></p><p>However, we believe that the market correction is expected, given that NVDA was trading at ridiculous valuations at its peak, with EV/NTM Revenue of 28x and NTM P/E of 72.98x. That is way higher than Intel&#39;s (INTC) valuation of EV/NTM Revenue of 4.19x and NTM P/E of 15.47x in the past three years, and even AMD (AMD) at 10.59x and 65.39x, respectively. In hindsight, it is evident that NVDA has been highly (maybe over) valued, given its exposure to multiple market segments, such as AI technology, autonomous EVs, cloud computing servers, cryptocurrency, and metaverse, amongst others.</p><p>Nonetheless, we may also see a short-term impact, given Meta&#39;s (FB) slowing investments in the Reality Labs ( metaverse),reduced demand for GPUs from the crypto mining, and impacted auto production outputs from China&#39;s Zero Covid Policy. As a result, given the uncertainties, we expect the pain to continue for a while longer as the market consolidates in the next few quarters.</p><p>In the meantime, we encourage you to read our previous article on NVDA, which would help you better understand its market opportunities in the AI technology, automotive, and data center industries.</p><p><b>NVDA Is Still Investing In Growth, Though We See Short-Term Impacts</b></p><p><b>NVDA Cash/ Equivalents, FCF, and FCF Margins</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdb6487d84c744bc4e43411a3930b4d1\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/><span>S&amp;P Capital IQ</span></p><p>Nonetheless, NVDA has been an excellent Free Cash Flow (FCF) generator, while reporting its record-breaking FCF of $8.13B and FCF margins of 30.2% in FY2022. The company also ended the year with a decent $1.99B of cash and equivalents, which will prove helpful for its expanding R&amp;D expenses at an average of 21.5% to its annual revenues in the past five years.</p><p><b>NVDA R&amp;D Expenses and % to Revenue</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2295ab78fcdb724f700193b47538ade\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"/><span>S&amp;P Capital IQ</span></p><p>Assuming that NVDA continues its reinvestments, we may expect the company to spend up to $7.4B in R&amp;D expenses for FY2023. As an investor myself, I believe that high-growth tech companies, such as NVDA, should build up their future capabilities and product innovations, to keep their advantage in the highly competitive semiconductor industry moving forward. Nonetheless, the risks are also inherent that many companies may slow down their Capex investments in the next few quarters, given the impending recession and rising interest rates. Consequently, NVDA may also reduce its R&amp;D expenses for the short term, given the potential deceleration in revenue growth.</p><p><b>NVDA Projected Revenue and Net Income</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2badc1948a2e2ab65b118973f20c6a4\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"/><span>S&amp;P Capital IQ</span></p><p>Over the next three years, NVDA is expected to report impressive revenue and net income growth at a CAGR of 18.99% and 27.19%, respectively. For FY2023, consensus estimates that the company will report revenues of $34.77B and a net income of $14.39B, representing remarkable YoY growth of 29.2% and 47.5%, respectively.</p><p>Investors will be looking closely at NVDA&#39;s FQ1&#39;23 performance, in which it had guided for revenues of $8.1B and gross margins of 65.2%. Assuming that the company successfully smashed its own and consensus estimates of $8.09B, we can be sure of a short-term recovery. However, it is also important to note that NVDA is expected to record a one-time write-off worth $1.36B for the quarter, due to the collapse of the ARM acquisition. In addition, given the quarter&#39;s exposure to the prolonged lockdowns in China, NVDA&#39;s revenue may also be impacted negatively. As a result, we expect a mixed FQ1&#39;23 performance, potentially leading to a further decline in its stock performance. We shall see.</p><p><b>So, Is NVDA Stock A Buy, Sell, Or Hold?</b></p><p>NVDA is currently trading at an EV/NTM Revenue of 11.93x, and NTM P/E of 30x, lower than its 5Y mean of 13.34x and 39.91x, respectively. The stock is also trading at $171.24 on 19 May 2022, down 50% from 52 weeks high of $346.47. Given the recent market pessimism, there is a likelihood that the stock may retrace further below its 52 weeks low of $135.43 in the next few days, before recovering upon a positive catalyst, namely its FQ1&#39;23 earnings call on 25 May 2022.</p><p>Even then, the NVDA stock could potentially remain stagnant post-earnings, similar to its peer, AMD. The latter had reported stellar FQ1&#39;22 earnings, while also raising its FY2022 guidance. In response, the stock rose by 9% from $91.13 to $99.42 on 3 May 2022, before drifting sideways for the next two weeks to reach $96.67 on 19 May 2022. We can be sure that if such an upbeat earnings call had occurred during the heights of the pandemic, AMD would have seen a more pronounced growth in valuation and stock price, similar to the 25% growth after FQ3&#39;21 earnings and 15% growth after FQ2&#39;21 earnings. As a result, interested tech investors must be aware that we are in the midst of maximum pain, significantly worsened by the cryptocurrency winter, the ongoing Ukraine war, and China&#39;s Zero Covid Policy.</p><p>Given the uncertainties and reasons listed above, we may expect softer FQ2&#39;23 guidance from NVDA&#39;s management as well. Though the stock may seem an attractive buy at its current &#34;undervaluation,&#34; given its growth potential and promising pipeline, we would encourage prudence for now. We expect a more attractive entry point moving forward, after more clarity from its FQ1&#39;23 earnings call. Patient investors will be awarded.</p><p>Therefore, we <i>rate NVDA stock as a Hold for now.</i></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>Nvidia: Ridiculous Times Indeed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia: Ridiculous Times Indeed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-22 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4513449-nvidia-ridiculous-times-indeed><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryA friendly reminder that Nvidia will be reporting FQ1'23 earnings on 25 May 2022.In light of macro issues and the collapse of the cryptocurrency market, we expect short-term pain ahead.As a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4513449-nvidia-ridiculous-times-indeed\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4513449-nvidia-ridiculous-times-indeed","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2237028702","content_text":"SummaryA friendly reminder that Nvidia will be reporting FQ1'23 earnings on 25 May 2022.In light of macro issues and the collapse of the cryptocurrency market, we expect short-term pain ahead.As a result, we encourage patience for NVDA investors for now, given the recent market consolidation.Diamond Dogs/iStock via Getty ImagesInvestment ThesisNvidia (NASDAQ:NVDA) is expected to report earnings for FQ1'23 on 25 May 2022. However, investors should not be rushing to play the earnings game, considering the macro pessimism. Furthermore, given how NVDA had been closely tied to the cryptocurrency mining, we may expect reduced sales moving forward, seeing how the whole market had lost over $1T of combined value in recent days.However, we encourage NVDA investors to ignore the noise as the stock remains a solid investment for the next decade. Nonetheless, please do not buy the dip as we expect the stock to retrace in the next few weeks, as the market grapples with the macro pessimism and crypto crash.Why Did NVDA Fall From Grace?NVDA Revenue, Net Income, and Gross MarginS&P Capital IQPre-pandemic, NVDA had grown its revenue and net income at a steady CAGR of 16.44% and 18.9%. It obviously grew exponentially in the past two years, given the massive demand for personal devices due to the increased remote work/ study/ entertainment options during the COVID-19 pandemic. As a result, NVDA grew its revenues at a tremendous CAGR of 57.05%, while its net income rose even faster at a CAGR of 86.94%. The company also steadily improved its gross margins from 58.8% in FY2017 to 64.9% in FY2022.NVDA 5Y Stock PriceSeeking AlphaAs a result, it is evident that NVDA investors had benefited from its stellar growth, given that the stock had risen by 580% in the past two years, before the drastic moderation that occurred in late 2021.NVDA 5Y EV/Revenue and P/E ValuationsS&P Capital IQHowever, we believe that the market correction is expected, given that NVDA was trading at ridiculous valuations at its peak, with EV/NTM Revenue of 28x and NTM P/E of 72.98x. That is way higher than Intel's (INTC) valuation of EV/NTM Revenue of 4.19x and NTM P/E of 15.47x in the past three years, and even AMD (AMD) at 10.59x and 65.39x, respectively. In hindsight, it is evident that NVDA has been highly (maybe over) valued, given its exposure to multiple market segments, such as AI technology, autonomous EVs, cloud computing servers, cryptocurrency, and metaverse, amongst others.Nonetheless, we may also see a short-term impact, given Meta's (FB) slowing investments in the Reality Labs ( metaverse),reduced demand for GPUs from the crypto mining, and impacted auto production outputs from China's Zero Covid Policy. As a result, given the uncertainties, we expect the pain to continue for a while longer as the market consolidates in the next few quarters.In the meantime, we encourage you to read our previous article on NVDA, which would help you better understand its market opportunities in the AI technology, automotive, and data center industries.NVDA Is Still Investing In Growth, Though We See Short-Term ImpactsNVDA Cash/ Equivalents, FCF, and FCF MarginsS&P Capital IQNonetheless, NVDA has been an excellent Free Cash Flow (FCF) generator, while reporting its record-breaking FCF of $8.13B and FCF margins of 30.2% in FY2022. The company also ended the year with a decent $1.99B of cash and equivalents, which will prove helpful for its expanding R&D expenses at an average of 21.5% to its annual revenues in the past five years.NVDA R&D Expenses and % to RevenueS&P Capital IQAssuming that NVDA continues its reinvestments, we may expect the company to spend up to $7.4B in R&D expenses for FY2023. As an investor myself, I believe that high-growth tech companies, such as NVDA, should build up their future capabilities and product innovations, to keep their advantage in the highly competitive semiconductor industry moving forward. Nonetheless, the risks are also inherent that many companies may slow down their Capex investments in the next few quarters, given the impending recession and rising interest rates. Consequently, NVDA may also reduce its R&D expenses for the short term, given the potential deceleration in revenue growth.NVDA Projected Revenue and Net IncomeS&P Capital IQOver the next three years, NVDA is expected to report impressive revenue and net income growth at a CAGR of 18.99% and 27.19%, respectively. For FY2023, consensus estimates that the company will report revenues of $34.77B and a net income of $14.39B, representing remarkable YoY growth of 29.2% and 47.5%, respectively.Investors will be looking closely at NVDA's FQ1'23 performance, in which it had guided for revenues of $8.1B and gross margins of 65.2%. Assuming that the company successfully smashed its own and consensus estimates of $8.09B, we can be sure of a short-term recovery. However, it is also important to note that NVDA is expected to record a one-time write-off worth $1.36B for the quarter, due to the collapse of the ARM acquisition. In addition, given the quarter's exposure to the prolonged lockdowns in China, NVDA's revenue may also be impacted negatively. As a result, we expect a mixed FQ1'23 performance, potentially leading to a further decline in its stock performance. We shall see.So, Is NVDA Stock A Buy, Sell, Or Hold?NVDA is currently trading at an EV/NTM Revenue of 11.93x, and NTM P/E of 30x, lower than its 5Y mean of 13.34x and 39.91x, respectively. The stock is also trading at $171.24 on 19 May 2022, down 50% from 52 weeks high of $346.47. Given the recent market pessimism, there is a likelihood that the stock may retrace further below its 52 weeks low of $135.43 in the next few days, before recovering upon a positive catalyst, namely its FQ1'23 earnings call on 25 May 2022.Even then, the NVDA stock could potentially remain stagnant post-earnings, similar to its peer, AMD. The latter had reported stellar FQ1'22 earnings, while also raising its FY2022 guidance. In response, the stock rose by 9% from $91.13 to $99.42 on 3 May 2022, before drifting sideways for the next two weeks to reach $96.67 on 19 May 2022. We can be sure that if such an upbeat earnings call had occurred during the heights of the pandemic, AMD would have seen a more pronounced growth in valuation and stock price, similar to the 25% growth after FQ3'21 earnings and 15% growth after FQ2'21 earnings. As a result, interested tech investors must be aware that we are in the midst of maximum pain, significantly worsened by the cryptocurrency winter, the ongoing Ukraine war, and China's Zero Covid Policy.Given the uncertainties and reasons listed above, we may expect softer FQ2'23 guidance from NVDA's management as well. Though the stock may seem an attractive buy at its current \"undervaluation,\" given its growth potential and promising pipeline, we would encourage prudence for now. We expect a more attractive entry point moving forward, after more clarity from its FQ1'23 earnings call. Patient investors will be awarded.Therefore, we rate NVDA stock as a Hold for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069725548,"gmtCreate":1651366329013,"gmtModify":1676534894751,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Very insightful thanks 🙏","listText":"Very insightful thanks 🙏","text":"Very insightful thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069725548","repostId":"2231239362","repostType":4,"repost":{"id":"2231239362","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":1651331188,"share":"https://ttm.financial/m/news/2231239362?lang=&edition=fundamental","pubTime":"2022-04-30 23:06","market":"us","language":"en","title":"Berkshire Hathaway “Will Always Have a Lot of Cash”: Warren Buffett","url":"https://stock-news.laohu8.com/highlight/detail?id=2231239362","media":"Dow Jones","summary":"Berkshire Hathaway Inc. went on a roughly $40 billion securities buying spree between Feb. 21 and Ma","content":"<html><head></head><body><p>Berkshire Hathaway Inc. went on a roughly $40 billion securities buying spree between Feb. 21 and March 15, but has since reverted back to its more &#34;lethargic&#34; pace, Chairman and CEO Warren Buffett told shareholders at the conglomerate&#39;s annual meeting Saturday.</p><p>Buffett went on to note that Berkshire still ended the first quarter with around $103 billion in cash versus around $144 billion at the end of 2021.</p><p>While there&#39;s a lot of focus on Berkshire&#39;s cash pile, Buffett said the company &#34;will always have a lot of cash,&#34; adding that rather than commercial paper or other holdings, most of it will remain parked in highly liquid Treasury bills.</p><p>Buffett said the desire for a big cushion is because there have been a &#34;few times in history where if you don&#39;t have it you don&#39;t get to play the next day.&#34;</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>Berkshire Hathaway “Will Always Have a Lot of Cash”: Warren Buffett</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway “Will Always Have a Lot of Cash”: Warren Buffett\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\">2022-04-30 23:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Berkshire Hathaway Inc. went on a roughly $40 billion securities buying spree between Feb. 21 and March 15, but has since reverted back to its more &#34;lethargic&#34; pace, Chairman and CEO Warren Buffett told shareholders at the conglomerate&#39;s annual meeting Saturday.</p><p>Buffett went on to note that Berkshire still ended the first quarter with around $103 billion in cash versus around $144 billion at the end of 2021.</p><p>While there&#39;s a lot of focus on Berkshire&#39;s cash pile, Buffett said the company &#34;will always have a lot of cash,&#34; adding that rather than commercial paper or other holdings, most of it will remain parked in highly liquid Treasury bills.</p><p>Buffett said the desire for a big cushion is because there have been a &#34;few times in history where if you don&#39;t have it you don&#39;t get to play the next day.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","BK4183":"个人用品","FWRG":"First Watch Restaurant Group, Inc.","TERN":"Terns Pharmaceuticals, Inc.","BK4539":"次新股","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4167":"医疗保健技术","BK4191":"家用电器","BK4209":"餐馆","BRK.A":"伯克希尔","OLPX":"Olaplex Holdings, Inc.","BK4534":"瑞士信贷持仓","BK4176":"多领域控股","BK4581":"高盛持仓","BRK.B":"伯克希尔B","HCTI":"Healthcare Triangle, Inc.","BK4007":"制药"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2231239362","content_text":"Berkshire Hathaway Inc. went on a roughly $40 billion securities buying spree between Feb. 21 and March 15, but has since reverted back to its more \"lethargic\" pace, Chairman and CEO Warren Buffett told shareholders at the conglomerate's annual meeting Saturday.Buffett went on to note that Berkshire still ended the first quarter with around $103 billion in cash versus around $144 billion at the end of 2021.While there's a lot of focus on Berkshire's cash pile, Buffett said the company \"will always have a lot of cash,\" adding that rather than commercial paper or other holdings, most of it will remain parked in highly liquid Treasury bills.Buffett said the desire for a big cushion is because there have been a \"few times in history where if you don't have it you don't get to play the next day.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069725253,"gmtCreate":1651366319117,"gmtModify":1676534894752,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Very insightful thanks 🙏","listText":"Very insightful thanks 🙏","text":"Very insightful thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069725253","repostId":"1102313596","repostType":4,"repost":{"id":"1102313596","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":1651364553,"share":"https://ttm.financial/m/news/1102313596?lang=&edition=fundamental","pubTime":"2022-05-01 08:22","market":"us","language":"en","title":"Full Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday","url":"https://stock-news.laohu8.com/highlight/detail?id=1102313596","media":"Tiger Newspress","summary":"Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron","content":"<html><head></head><body><p>Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.</p><p>Speaking at Berkshire Hathaway’s first in-person annual meeting since 2019, Buffett went so far as to say the market’s turned into a “gambling parlor.”</p><p>The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation “swindles” equity investors, but noted Saturday that it “swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.”</p><p>Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.</p><p>Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoft’s proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader market’s downturn.</p><p>Buffett also stressed the importance of cash as “new forms of money” like bitcoin pop up.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill. “That’s what money is.”</p><p>Check out full recap below for more from the two investing legends.</p><h3><b>Berkshire bought more than $51 billion of stocks during Q1′s market rout</b></h3><p>Berkshire bought more than $51 billion worth of stocks during the first quarter’s market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.</p><p>The S&amp;P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.</p><h3><b>Buffett says Berkshire is “better than the banks”</b></h3><p>Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.</p><p>Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.</p><p>“Was that a banker screaming?” Buffett joked.</p><h3><b>Buffett warns shareholders about “new forms of money” and the importance of cash</b></h3><p>Warren Buffett warned shareholders about “new forms of money” as he recalled the financial crisis of 2008 and said Berkshire Hathaway will “always have a lot of cash on hand.”</p><p>Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin “rat poison” in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill.</p><p>“That’s what money is,” he added. “It may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that they’re reaching [for] new forms of money, this is the only thing that will pay bills.”</p><h3><b>Berkshire put money to work after finding ‘little exciting’ in the market</b></h3><p>In his annual chairman letter to shareholders in February, Warren Buffett said there is “little that excites us” in the market. But soon after, he put Berkshire’s money to work.</p><p>Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshire’s first-quarter filing revealed the company significantly increased its bet on Chevron.</p><p>“We found some things we prefer to owning Treasury bills,” quipped Berkshire vice chairman and Buffett’s right-hand man Charlie Munger.</p><h3><b>Buffett on his massive Occidental investment</b></h3><p>Buffett scooped up 14% of oil giant <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>, worth more than $7 billion, in two weeks during March.</p><p>He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.</p><p>“That’s not investment. You’re not buying from [investors]. I find it just incredible. You couldn’t do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,” Buffett said.</p><p>“That enabled us, in a two-week period, to buy 14% of a business that’s been around for decades,” Buffett said. “Imagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and we’ve seen a lot.”</p><p>The legendary investor said that the short-term volatility earlier this year fueled by “gambling mentality” allowed him to find good long-term opportunities.</p><h3><b>Executives of Berkshire’s portfolio companies discuss impact of inflation</b></h3><p>Ahead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.</p><p>One of those executives was Jim Weber, CEO of Brooks Running.</p><p>Weber said it was tough to raise prices for Brooks’ products but that he thinks some of the cost pressures could cool soon.</p><p>“We don’t have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. It’s a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,” Weber said.</p><h3><b>Buffett wants Berkshire to be in a ‘position to operate’ should the economy stop</b></h3><p>Buffett said he wants Berkshire Hathaway to be in a “position to operate” should the economy stop.</p><p>“We want Berkshire Hathaway to be there and in a position to operate if the economy stops,” Buffett said. “And that can always happen, it can always happen.”</p><p>Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.</p><p>The billionaire investor made those remarks while also praising the Federal Reserve’s role during the 2008 financial crisis and the pandemic.</p><p>“The Federal Reserve has not gone,” Buffett said. He added the Fed will “do whatever is necessary. ... That’s what happened in 2008 and 2009, and that’s what happened in 2020, and you’ll hope it happens again next time.”</p><h3><b>Buffett says he has &#34;so much trouble&#34; finding businesses to invest in</b></h3><p>Warren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.</p><p>“We have so much trouble finding good ideas that we can’t afford to ignore any,” Buffett said. “But they do have to be sizable.”</p><p>Buffett said while he does seek out new investments, he prefers to be approached proactively.</p><p>“We’ll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,” Buffett said.</p><h3><b>Munger says today’s stock market &#34;almost a mania of speculation&#34;</b></h3><p>Munger said today’s stock market has become “almost a mania of speculation.”</p><p>His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.</p><p>“We have computers with algorithms trading against other computers,” Munger said. “We’ve got people who know nothing about stocks, being advised by stockbrokers who know even less.</p><p>“I understand the commission though,” Buffett joked.</p><p>After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.</p><p>“People and traders’ poker chips are pulling the handle,” he said. “They’ve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobody’s going around selling calls on farms. That’s why markets do crazy things. Occasionally Berkshire gets a chance to do something. It’s not because we’re smarter. … we’re sane, and that’s the main requirement in this business.”</p><h3><b>Munger blasts calls for separate Berkshire chairman and CEO</b></h3><p>Berkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.</p><p>“It’s the most ridiculous criticism I ever heard,” Munger said.</p><p>“It’s like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, ‘I don’t like the way you were holding your spear when you won that battle,’” he added, referencing ancient Greek epic “The Odyssey.”</p><p>The California Public Employees’ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposal’s aim stems from concerns about corporate governance with one person holding dual roles.</p><p>“Some guy that’s never run any business, doesn’t know anything — I don’t think too much of this activity,” Munger said.</p><h3><b>Berkshire’s head of insurance explains how Geico has fallen behind rival Progressive</b></h3><p>Berkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerate’s insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.</p><p>“Each one have their plusses and minuses, but having said that, there’s no question that recently Progressive has done a much better job than Geico … both in terms of margins and in terms of growth,” Jain said.</p><p>“There are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned … is telematics,” he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.</p><p>“Progressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasn’t involved in telematics,” Jain said. “It’s a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.”</p><p>Jain’s comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.</p><h3><b>Buffett says he has never been &#34;good at timing&#34;</b></h3><p>Warren Buffett said he has never figured out how to time the markets.</p><p>“We haven’t the faintest idea what the stock market was gonna do when it opens on Monday,” Buffett said in response to an audience question.</p><p>“I don’t think we’ve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economy’s going to do. We don’t know,” he continued.</p><p>The Oracle of Omaha said he often gets misplaced credit for the stock winners he’s picked over the years, pointing out he’s also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.</p><p>Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.</p><p>“We have not been good at timing,” Buffett said. “We’ve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.”</p><h3><b>Munger says &#34;just say no&#34; to putting bitcoin in your retirement account</b></h3><p>Charlie Munger is still down on bitcoin.</p><p>He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.</p><p>The Berkshire executives didn’t say where they would put their money, but Munger was clear about where he wouldn’t invest: bitcoin.</p><p>“When you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,” he said.</p><p>Munger’s answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.</p><p>Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.</p><h3><b>Buffett describes his start to investing when he was 11 years old</b></h3><p>A trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.</p><p>“I went to the New York Stock Exchange, I was in awe of it,” Buffett said. “I got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.”</p><p>The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his father’s office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Graham’s “The Intelligent Investor.”</p><p>“I looked at this book and I saw one paragraph and it told me I’ve been doing everything wrong. I just had the whole approach wrong,” Buffett said.</p><h3><b>Buffett wants to make it clear he’s not the only one picking stocks at Berkshire Hathaway</b></h3><p>Warren Buffett wants to make it clear that he’s not the only one at Berkshire Hathaway picking stocks.</p><p>“I see headlines in papers just time after time after time that say, ‘Buffett’s buying such and such,’” Buffett said. “I’m not buying such and such. Berkshire Hathaway is buying.”</p><p>The investor said a stock pick may have been made by other finance professionals in his organization without Buffett’s ever having heard of it.</p><p>“But the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we don’t know whether it is the people that work for him, the headline is designed to bring people into the story,” Buffett said.</p><p>“The easiest thing to do is basically shut up and not have a bunch of people facing consequences they didn’t ask for in the first place,” he said.</p><h3><b>Buffett says inflation ‘swindles almost everybody’</b></h3><p>When asked about his previous comments that inflation “swindles” equity investors, Buffett said the damage from rising prices was much broader than that.</p><p>“Inflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,” he said.</p><p>Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isn’t as simple as raising prices to maintain inflation-adjusted profits.</p><p>The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.</p><p>“The question is how much ... and the answer is nobody knows,” Buffett said.</p><p>Buffett reiterated that the best protection against the inflation is investing in your own skills.</p><h3><b>Buffett says Berkshire now owns 9.5% of Activision Blizzard</b></h3><p>Warren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoft’sproposed acquisition of the video game company will close.</p><p>In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire “had no prior knowledge”of Microsoft’s plan to buy the company when Berkshire made its initial investment.</p><p>In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.</p><p>Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoft’s offer. Buying at these levels will yield a bigger return if the deal closes.</p><p>Buffett said Berkshire now owns about 9.5% of Activision. “If we went over 10%, we would file a report,” he said.</p><p>“If the deal goes through, we make some money, and if the deal doesn’t go through, who knows what happens,” Buffett said.</p><p>“We don’t know what the Justice Department will do, we don’t know what the E.U. will do, we don’t know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,” Buffett added.</p><h3><b>Buffett: ‘I look at Berkshire as a painting’</b></h3><p>The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.</p><p>“I look at Berkshire as a painting,” Buffett said. “It’s unlimited in size; it’s got an ever-expanding canvas, and I get to paint what I want.”</p><p>Buffett did acknowledge that he doesn’t know much about art, but added that “other people look at paintings and they see something, then they’ll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.”</p><p>“It’s in my head, and I see different things in it as I go along,” Buffett said. “It’s satisfying.”</p><h3><b>Buffett calls Jerome Powell a hero</b></h3><p>In addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.</p><p>“You print loads of money, and money is going to be worth less,” Buffett said.</p><p>However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.</p><p>“In my book,Jay Powellis a hero. It’s very simple. He did what he had to do,” Buffett said.</p><h3><b>Buffett says people are becoming more tribal</b></h3><p>Warren Buffett said people are becoming more tribal.</p><p>“My general assumption — there’s no way to prove it — but essentially, people are now behaving somewhat more tribal than they have for a long time,” Buffett said.</p><p>“It’s fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and they’re gonna give you those answers,” he continued.</p><p>The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings weren’t served dessert until they “said something nasty” about Roosevelt.</p><p>“I don’t think it’s a good development for society,” Buffett said.</p><h3><b>Buffett says he won’t buy bitcoin because ‘it doesn’t produce anything’</b></h3><p>Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.</p><p>“Whether it goes up or down in the next year, or five or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t produce anything,” Buffett said. “It’s got a magic to it and people have attached magics to lots of things.”</p><p>Buffett listed farmland, apartment buildings — and even art — as assets that had more tangible value than bitcoin.</p><p>“Assets, to have value, have to deliver something to somebody. And there’s only one currency that’s accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,” he said, holding up a $20 bill. “And there’s no reason in the world why the United States government … is going to let Berkshire money replace theirs.”</p><h3><b>Berkshire’s business meeting concludes with shareholder votes</b></h3><p>Berkshire’s formal business meeting followed nearly five hours of Q&amp;A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.</p><p>The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the company to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.</p><p>Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.</p><p>One shareholder also took issue with Berkshire’s climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreement’s 1.5°C goal, requiring net zero emissions. Shareholders voted it down.</p><p>The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.</p><p></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>Full Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday</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\">\nFull Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday\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\">2022-05-01 08:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.</p><p>Speaking at Berkshire Hathaway’s first in-person annual meeting since 2019, Buffett went so far as to say the market’s turned into a “gambling parlor.”</p><p>The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation “swindles” equity investors, but noted Saturday that it “swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.”</p><p>Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.</p><p>Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoft’s proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader market’s downturn.</p><p>Buffett also stressed the importance of cash as “new forms of money” like bitcoin pop up.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill. “That’s what money is.”</p><p>Check out full recap below for more from the two investing legends.</p><h3><b>Berkshire bought more than $51 billion of stocks during Q1′s market rout</b></h3><p>Berkshire bought more than $51 billion worth of stocks during the first quarter’s market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.</p><p>The S&amp;P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.</p><h3><b>Buffett says Berkshire is “better than the banks”</b></h3><p>Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.</p><p>Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.</p><p>“Was that a banker screaming?” Buffett joked.</p><h3><b>Buffett warns shareholders about “new forms of money” and the importance of cash</b></h3><p>Warren Buffett warned shareholders about “new forms of money” as he recalled the financial crisis of 2008 and said Berkshire Hathaway will “always have a lot of cash on hand.”</p><p>Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin “rat poison” in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill.</p><p>“That’s what money is,” he added. “It may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that they’re reaching [for] new forms of money, this is the only thing that will pay bills.”</p><h3><b>Berkshire put money to work after finding ‘little exciting’ in the market</b></h3><p>In his annual chairman letter to shareholders in February, Warren Buffett said there is “little that excites us” in the market. But soon after, he put Berkshire’s money to work.</p><p>Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshire’s first-quarter filing revealed the company significantly increased its bet on Chevron.</p><p>“We found some things we prefer to owning Treasury bills,” quipped Berkshire vice chairman and Buffett’s right-hand man Charlie Munger.</p><h3><b>Buffett on his massive Occidental investment</b></h3><p>Buffett scooped up 14% of oil giant <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>, worth more than $7 billion, in two weeks during March.</p><p>He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.</p><p>“That’s not investment. You’re not buying from [investors]. I find it just incredible. You couldn’t do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,” Buffett said.</p><p>“That enabled us, in a two-week period, to buy 14% of a business that’s been around for decades,” Buffett said. “Imagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and we’ve seen a lot.”</p><p>The legendary investor said that the short-term volatility earlier this year fueled by “gambling mentality” allowed him to find good long-term opportunities.</p><h3><b>Executives of Berkshire’s portfolio companies discuss impact of inflation</b></h3><p>Ahead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.</p><p>One of those executives was Jim Weber, CEO of Brooks Running.</p><p>Weber said it was tough to raise prices for Brooks’ products but that he thinks some of the cost pressures could cool soon.</p><p>“We don’t have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. It’s a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,” Weber said.</p><h3><b>Buffett wants Berkshire to be in a ‘position to operate’ should the economy stop</b></h3><p>Buffett said he wants Berkshire Hathaway to be in a “position to operate” should the economy stop.</p><p>“We want Berkshire Hathaway to be there and in a position to operate if the economy stops,” Buffett said. “And that can always happen, it can always happen.”</p><p>Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.</p><p>The billionaire investor made those remarks while also praising the Federal Reserve’s role during the 2008 financial crisis and the pandemic.</p><p>“The Federal Reserve has not gone,” Buffett said. He added the Fed will “do whatever is necessary. ... That’s what happened in 2008 and 2009, and that’s what happened in 2020, and you’ll hope it happens again next time.”</p><h3><b>Buffett says he has &#34;so much trouble&#34; finding businesses to invest in</b></h3><p>Warren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.</p><p>“We have so much trouble finding good ideas that we can’t afford to ignore any,” Buffett said. “But they do have to be sizable.”</p><p>Buffett said while he does seek out new investments, he prefers to be approached proactively.</p><p>“We’ll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,” Buffett said.</p><h3><b>Munger says today’s stock market &#34;almost a mania of speculation&#34;</b></h3><p>Munger said today’s stock market has become “almost a mania of speculation.”</p><p>His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.</p><p>“We have computers with algorithms trading against other computers,” Munger said. “We’ve got people who know nothing about stocks, being advised by stockbrokers who know even less.</p><p>“I understand the commission though,” Buffett joked.</p><p>After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.</p><p>“People and traders’ poker chips are pulling the handle,” he said. “They’ve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobody’s going around selling calls on farms. That’s why markets do crazy things. Occasionally Berkshire gets a chance to do something. It’s not because we’re smarter. … we’re sane, and that’s the main requirement in this business.”</p><h3><b>Munger blasts calls for separate Berkshire chairman and CEO</b></h3><p>Berkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.</p><p>“It’s the most ridiculous criticism I ever heard,” Munger said.</p><p>“It’s like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, ‘I don’t like the way you were holding your spear when you won that battle,’” he added, referencing ancient Greek epic “The Odyssey.”</p><p>The California Public Employees’ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposal’s aim stems from concerns about corporate governance with one person holding dual roles.</p><p>“Some guy that’s never run any business, doesn’t know anything — I don’t think too much of this activity,” Munger said.</p><h3><b>Berkshire’s head of insurance explains how Geico has fallen behind rival Progressive</b></h3><p>Berkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerate’s insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.</p><p>“Each one have their plusses and minuses, but having said that, there’s no question that recently Progressive has done a much better job than Geico … both in terms of margins and in terms of growth,” Jain said.</p><p>“There are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned … is telematics,” he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.</p><p>“Progressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasn’t involved in telematics,” Jain said. “It’s a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.”</p><p>Jain’s comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.</p><h3><b>Buffett says he has never been &#34;good at timing&#34;</b></h3><p>Warren Buffett said he has never figured out how to time the markets.</p><p>“We haven’t the faintest idea what the stock market was gonna do when it opens on Monday,” Buffett said in response to an audience question.</p><p>“I don’t think we’ve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economy’s going to do. We don’t know,” he continued.</p><p>The Oracle of Omaha said he often gets misplaced credit for the stock winners he’s picked over the years, pointing out he’s also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.</p><p>Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.</p><p>“We have not been good at timing,” Buffett said. “We’ve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.”</p><h3><b>Munger says &#34;just say no&#34; to putting bitcoin in your retirement account</b></h3><p>Charlie Munger is still down on bitcoin.</p><p>He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.</p><p>The Berkshire executives didn’t say where they would put their money, but Munger was clear about where he wouldn’t invest: bitcoin.</p><p>“When you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,” he said.</p><p>Munger’s answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.</p><p>Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.</p><h3><b>Buffett describes his start to investing when he was 11 years old</b></h3><p>A trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.</p><p>“I went to the New York Stock Exchange, I was in awe of it,” Buffett said. “I got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.”</p><p>The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his father’s office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Graham’s “The Intelligent Investor.”</p><p>“I looked at this book and I saw one paragraph and it told me I’ve been doing everything wrong. I just had the whole approach wrong,” Buffett said.</p><h3><b>Buffett wants to make it clear he’s not the only one picking stocks at Berkshire Hathaway</b></h3><p>Warren Buffett wants to make it clear that he’s not the only one at Berkshire Hathaway picking stocks.</p><p>“I see headlines in papers just time after time after time that say, ‘Buffett’s buying such and such,’” Buffett said. “I’m not buying such and such. Berkshire Hathaway is buying.”</p><p>The investor said a stock pick may have been made by other finance professionals in his organization without Buffett’s ever having heard of it.</p><p>“But the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we don’t know whether it is the people that work for him, the headline is designed to bring people into the story,” Buffett said.</p><p>“The easiest thing to do is basically shut up and not have a bunch of people facing consequences they didn’t ask for in the first place,” he said.</p><h3><b>Buffett says inflation ‘swindles almost everybody’</b></h3><p>When asked about his previous comments that inflation “swindles” equity investors, Buffett said the damage from rising prices was much broader than that.</p><p>“Inflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,” he said.</p><p>Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isn’t as simple as raising prices to maintain inflation-adjusted profits.</p><p>The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.</p><p>“The question is how much ... and the answer is nobody knows,” Buffett said.</p><p>Buffett reiterated that the best protection against the inflation is investing in your own skills.</p><h3><b>Buffett says Berkshire now owns 9.5% of Activision Blizzard</b></h3><p>Warren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoft’sproposed acquisition of the video game company will close.</p><p>In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire “had no prior knowledge”of Microsoft’s plan to buy the company when Berkshire made its initial investment.</p><p>In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.</p><p>Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoft’s offer. Buying at these levels will yield a bigger return if the deal closes.</p><p>Buffett said Berkshire now owns about 9.5% of Activision. “If we went over 10%, we would file a report,” he said.</p><p>“If the deal goes through, we make some money, and if the deal doesn’t go through, who knows what happens,” Buffett said.</p><p>“We don’t know what the Justice Department will do, we don’t know what the E.U. will do, we don’t know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,” Buffett added.</p><h3><b>Buffett: ‘I look at Berkshire as a painting’</b></h3><p>The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.</p><p>“I look at Berkshire as a painting,” Buffett said. “It’s unlimited in size; it’s got an ever-expanding canvas, and I get to paint what I want.”</p><p>Buffett did acknowledge that he doesn’t know much about art, but added that “other people look at paintings and they see something, then they’ll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.”</p><p>“It’s in my head, and I see different things in it as I go along,” Buffett said. “It’s satisfying.”</p><h3><b>Buffett calls Jerome Powell a hero</b></h3><p>In addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.</p><p>“You print loads of money, and money is going to be worth less,” Buffett said.</p><p>However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.</p><p>“In my book,Jay Powellis a hero. It’s very simple. He did what he had to do,” Buffett said.</p><h3><b>Buffett says people are becoming more tribal</b></h3><p>Warren Buffett said people are becoming more tribal.</p><p>“My general assumption — there’s no way to prove it — but essentially, people are now behaving somewhat more tribal than they have for a long time,” Buffett said.</p><p>“It’s fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and they’re gonna give you those answers,” he continued.</p><p>The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings weren’t served dessert until they “said something nasty” about Roosevelt.</p><p>“I don’t think it’s a good development for society,” Buffett said.</p><h3><b>Buffett says he won’t buy bitcoin because ‘it doesn’t produce anything’</b></h3><p>Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.</p><p>“Whether it goes up or down in the next year, or five or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t produce anything,” Buffett said. “It’s got a magic to it and people have attached magics to lots of things.”</p><p>Buffett listed farmland, apartment buildings — and even art — as assets that had more tangible value than bitcoin.</p><p>“Assets, to have value, have to deliver something to somebody. And there’s only one currency that’s accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,” he said, holding up a $20 bill. “And there’s no reason in the world why the United States government … is going to let Berkshire money replace theirs.”</p><h3><b>Berkshire’s business meeting concludes with shareholder votes</b></h3><p>Berkshire’s formal business meeting followed nearly five hours of Q&amp;A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.</p><p>The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the company to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.</p><p>Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.</p><p>One shareholder also took issue with Berkshire’s climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreement’s 1.5°C goal, requiring net zero emissions. Shareholders voted it down.</p><p>The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102313596","content_text":"Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.Speaking at Berkshire Hathaway’s first in-person annual meeting since 2019, Buffett went so far as to say the market’s turned into a “gambling parlor.”The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation “swindles” equity investors, but noted Saturday that it “swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.”Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoft’s proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader market’s downturn.Buffett also stressed the importance of cash as “new forms of money” like bitcoin pop up.“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill. “That’s what money is.”Check out full recap below for more from the two investing legends.Berkshire bought more than $51 billion of stocks during Q1′s market routBerkshire bought more than $51 billion worth of stocks during the first quarter’s market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.The S&P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.Buffett says Berkshire is “better than the banks”Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.“Was that a banker screaming?” Buffett joked.Buffett warns shareholders about “new forms of money” and the importance of cashWarren Buffett warned shareholders about “new forms of money” as he recalled the financial crisis of 2008 and said Berkshire Hathaway will “always have a lot of cash on hand.”Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin “rat poison” in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill.“That’s what money is,” he added. “It may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that they’re reaching [for] new forms of money, this is the only thing that will pay bills.”Berkshire put money to work after finding ‘little exciting’ in the marketIn his annual chairman letter to shareholders in February, Warren Buffett said there is “little that excites us” in the market. But soon after, he put Berkshire’s money to work.Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshire’s first-quarter filing revealed the company significantly increased its bet on Chevron.“We found some things we prefer to owning Treasury bills,” quipped Berkshire vice chairman and Buffett’s right-hand man Charlie Munger.Buffett on his massive Occidental investmentBuffett scooped up 14% of oil giant Occidental Petroleum, worth more than $7 billion, in two weeks during March.He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.“That’s not investment. You’re not buying from [investors]. I find it just incredible. You couldn’t do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,” Buffett said.“That enabled us, in a two-week period, to buy 14% of a business that’s been around for decades,” Buffett said. “Imagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and we’ve seen a lot.”The legendary investor said that the short-term volatility earlier this year fueled by “gambling mentality” allowed him to find good long-term opportunities.Executives of Berkshire’s portfolio companies discuss impact of inflationAhead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.One of those executives was Jim Weber, CEO of Brooks Running.Weber said it was tough to raise prices for Brooks’ products but that he thinks some of the cost pressures could cool soon.“We don’t have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. It’s a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,” Weber said.Buffett wants Berkshire to be in a ‘position to operate’ should the economy stopBuffett said he wants Berkshire Hathaway to be in a “position to operate” should the economy stop.“We want Berkshire Hathaway to be there and in a position to operate if the economy stops,” Buffett said. “And that can always happen, it can always happen.”Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.The billionaire investor made those remarks while also praising the Federal Reserve’s role during the 2008 financial crisis and the pandemic.“The Federal Reserve has not gone,” Buffett said. He added the Fed will “do whatever is necessary. ... That’s what happened in 2008 and 2009, and that’s what happened in 2020, and you’ll hope it happens again next time.”Buffett says he has \"so much trouble\" finding businesses to invest inWarren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.“We have so much trouble finding good ideas that we can’t afford to ignore any,” Buffett said. “But they do have to be sizable.”Buffett said while he does seek out new investments, he prefers to be approached proactively.“We’ll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,” Buffett said.Munger says today’s stock market \"almost a mania of speculation\"Munger said today’s stock market has become “almost a mania of speculation.”His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.“We have computers with algorithms trading against other computers,” Munger said. “We’ve got people who know nothing about stocks, being advised by stockbrokers who know even less.“I understand the commission though,” Buffett joked.After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.“People and traders’ poker chips are pulling the handle,” he said. “They’ve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobody’s going around selling calls on farms. That’s why markets do crazy things. Occasionally Berkshire gets a chance to do something. It’s not because we’re smarter. … we’re sane, and that’s the main requirement in this business.”Munger blasts calls for separate Berkshire chairman and CEOBerkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.“It’s the most ridiculous criticism I ever heard,” Munger said.“It’s like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, ‘I don’t like the way you were holding your spear when you won that battle,’” he added, referencing ancient Greek epic “The Odyssey.”The California Public Employees’ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposal’s aim stems from concerns about corporate governance with one person holding dual roles.“Some guy that’s never run any business, doesn’t know anything — I don’t think too much of this activity,” Munger said.Berkshire’s head of insurance explains how Geico has fallen behind rival ProgressiveBerkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerate’s insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.“Each one have their plusses and minuses, but having said that, there’s no question that recently Progressive has done a much better job than Geico … both in terms of margins and in terms of growth,” Jain said.“There are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned … is telematics,” he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.“Progressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasn’t involved in telematics,” Jain said. “It’s a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.”Jain’s comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.Buffett says he has never been \"good at timing\"Warren Buffett said he has never figured out how to time the markets.“We haven’t the faintest idea what the stock market was gonna do when it opens on Monday,” Buffett said in response to an audience question.“I don’t think we’ve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economy’s going to do. We don’t know,” he continued.The Oracle of Omaha said he often gets misplaced credit for the stock winners he’s picked over the years, pointing out he’s also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.“We have not been good at timing,” Buffett said. “We’ve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.”Munger says \"just say no\" to putting bitcoin in your retirement accountCharlie Munger is still down on bitcoin.He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.The Berkshire executives didn’t say where they would put their money, but Munger was clear about where he wouldn’t invest: bitcoin.“When you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,” he said.Munger’s answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.Buffett describes his start to investing when he was 11 years oldA trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.“I went to the New York Stock Exchange, I was in awe of it,” Buffett said. “I got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.”The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his father’s office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Graham’s “The Intelligent Investor.”“I looked at this book and I saw one paragraph and it told me I’ve been doing everything wrong. I just had the whole approach wrong,” Buffett said.Buffett wants to make it clear he’s not the only one picking stocks at Berkshire HathawayWarren Buffett wants to make it clear that he’s not the only one at Berkshire Hathaway picking stocks.“I see headlines in papers just time after time after time that say, ‘Buffett’s buying such and such,’” Buffett said. “I’m not buying such and such. Berkshire Hathaway is buying.”The investor said a stock pick may have been made by other finance professionals in his organization without Buffett’s ever having heard of it.“But the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we don’t know whether it is the people that work for him, the headline is designed to bring people into the story,” Buffett said.“The easiest thing to do is basically shut up and not have a bunch of people facing consequences they didn’t ask for in the first place,” he said.Buffett says inflation ‘swindles almost everybody’When asked about his previous comments that inflation “swindles” equity investors, Buffett said the damage from rising prices was much broader than that.“Inflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,” he said.Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isn’t as simple as raising prices to maintain inflation-adjusted profits.The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.“The question is how much ... and the answer is nobody knows,” Buffett said.Buffett reiterated that the best protection against the inflation is investing in your own skills.Buffett says Berkshire now owns 9.5% of Activision BlizzardWarren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoft’sproposed acquisition of the video game company will close.In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire “had no prior knowledge”of Microsoft’s plan to buy the company when Berkshire made its initial investment.In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoft’s offer. Buying at these levels will yield a bigger return if the deal closes.Buffett said Berkshire now owns about 9.5% of Activision. “If we went over 10%, we would file a report,” he said.“If the deal goes through, we make some money, and if the deal doesn’t go through, who knows what happens,” Buffett said.“We don’t know what the Justice Department will do, we don’t know what the E.U. will do, we don’t know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,” Buffett added.Buffett: ‘I look at Berkshire as a painting’The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.“I look at Berkshire as a painting,” Buffett said. “It’s unlimited in size; it’s got an ever-expanding canvas, and I get to paint what I want.”Buffett did acknowledge that he doesn’t know much about art, but added that “other people look at paintings and they see something, then they’ll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.”“It’s in my head, and I see different things in it as I go along,” Buffett said. “It’s satisfying.”Buffett calls Jerome Powell a heroIn addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.“You print loads of money, and money is going to be worth less,” Buffett said.However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.“In my book,Jay Powellis a hero. It’s very simple. He did what he had to do,” Buffett said.Buffett says people are becoming more tribalWarren Buffett said people are becoming more tribal.“My general assumption — there’s no way to prove it — but essentially, people are now behaving somewhat more tribal than they have for a long time,” Buffett said.“It’s fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and they’re gonna give you those answers,” he continued.The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings weren’t served dessert until they “said something nasty” about Roosevelt.“I don’t think it’s a good development for society,” Buffett said.Buffett says he won’t buy bitcoin because ‘it doesn’t produce anything’Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.“Whether it goes up or down in the next year, or five or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t produce anything,” Buffett said. “It’s got a magic to it and people have attached magics to lots of things.”Buffett listed farmland, apartment buildings — and even art — as assets that had more tangible value than bitcoin.“Assets, to have value, have to deliver something to somebody. And there’s only one currency that’s accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,” he said, holding up a $20 bill. “And there’s no reason in the world why the United States government … is going to let Berkshire money replace theirs.”Berkshire’s business meeting concludes with shareholder votesBerkshire’s formal business meeting followed nearly five hours of Q&A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the company to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.One shareholder also took issue with Berkshire’s climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreement’s 1.5°C goal, requiring net zero emissions. Shareholders voted it down.The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069725606,"gmtCreate":1651366309816,"gmtModify":1676534894744,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Very insightful thanks 🙏","listText":"Very insightful thanks 🙏","text":"Very insightful thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069725606","repostId":"1153449029","repostType":4,"repost":{"id":"1153449029","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":1651363323,"share":"https://ttm.financial/m/news/1153449029?lang=&edition=fundamental","pubTime":"2022-05-01 08:02","market":"us","language":"en","title":"Buffett Reveals Big Investments, Rails Against Wall St Excess at Berkshire Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1153449029","media":"Tiger Newspress","summary":"(Reuters) - Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc  to reveal ","content":"<html><head></head><body><p>(Reuters) - Warren Buffett on Saturday used the annual meeting of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway Inc </a> to reveal major new investments including a bigger stake in <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard Inc </a>, while also railing against Wall Street excess and addressing the risks to his conglomerate of inflation and nuclear war.</p><p>The meeting in downtown Omaha, Nebraska was Berkshire&#39;s first welcoming shareholders since 2019, before COVID-19 derailed America&#39;s largest corporate gathering for two years.</p><p>It allowed shareholders to ask five hours of questions directly to Buffett and Vice Chairman Charlie Munger, and some questions to Vice Chairmen Greg Abel, who would become chief executive if Buffett could not serve, and Ajit Jain.</p><p>Buffett said Berkshire, long faulted for holding too much cash, boosted its combined stakes in oil company <a href=\"https://laohu8.com/S/CVX\">Chevron Corp </a> and &#34;Call of Duty&#34; game maker <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard Inc </a> nearly six-fold to more than $31 billion.</p><p>Berkshire also said first-quarter operating profit was little changed at $7.04 billion, as many of its dozens of businesses withstood supply chain disruptions caused by COVID-19 variants, the Ukraine invasion and rising costs from inflation.</p><p>Buffett, 91, said it &#34;really feels good&#34; to address shareholders in person, after holding the last two meetings without them. Attendees included JPMorgan Chase &amp; Co (JPM.N) Chief Executive Jamie Dimon and the actor Bill Murray.</p><p>Buffett had in his annual shareholder letter in February bemoaned the lack of investment opportunities.</p><p>That prompted a shareholder to ask what changed in March, when Berkshire bought 14.6% of Occidental Petroleum Corp (OXY.N) and agreed to buy insurer <a href=\"https://laohu8.com/S/Y\">Alleghany Corp </a> for $11.6 billion.</p><p>Buffett said it was simple: he turned to Occidental after reading an analyst report, and to Alleghany after its chief executive, who once led Berkshire&#39;s General Re business, wrote to him.</p><p>&#34;Markets do crazy things, and occasionally Berkshire gets a chance to do something,&#34; he said. &#34;It&#39;s not because we&#39;re smart.... I think we&#39;re sane.&#34;</p><p>Berkshire spent $51 billion on equities in the quarter, and its cash stake sank more than $40 billion to $106 billion.</p><p>But the conglomerate has many cash-generating resources, including its insurance operations, and Buffett assured that reserves won&#39;t run dry.</p><p>&#34;We will always have a lot of cash,&#34; he said. &#34;It&#39;s like oxygen, it&#39;s there all the time but if it disappears for a few minutes, it&#39;s all over.&#34;</p><p>Buffett and Jain stumbled for answers when asked about whether the Ukraine conflict could degenerate into nuclear war.</p><p>Jain, who has drawn Buffett&#39;s praise for decades, said he had a &#34;lack of ability&#34; to estimate Berkshire&#39;s insurance exposure.</p><p>Buffett added that there was a &#34;very, very, very low&#34; risk of a nuclear attack, though the world had &#34;come close&#34; during the 1962 Cuban Missile Crisis.</p><p>&#34;The world is flipping a coin every day,&#34; Buffett said. &#34;Berkshire does not have an answer.&#34;</p><p>Buffett also picked on a favored target in saying stock markets sometimes resembled a casino or gambling partner.</p><p>&#34;That existed to an extraordinary degree in the last couple of years, encouraged by Wall Street,&#34; he said.</p><p>For his part, Munger, 98, echoed Nancy Reagan in criticizing bitcoin, saying that if an advisor suggested you put your retirement account there, &#34;just say no.&#34;</p><p>He and Buffett munched their familiar candies from See&#39;s, which Berkshire owns, and drank soda from <a href=\"https://laohu8.com/S/KO\">Coca-Cola</a>, a big Berkshire investment, at the meeting.</p><p>Abel defended Berkshire&#39;s BNSF railroad, saying there was &#34;more to be done&#34; to improve operations and customer service, and compete against rival <a href=\"https://laohu8.com/S/UNP\">Union Pacific Corp </a>.</p><p>Buffett also said Berkshire is designed to assure shareholders that the company and its business culture will survive his and Munger&#39;s departures.</p><p>&#34;Berkshire is built forever,&#34; he said.</p><p>Shareholders also rejected proposals requiring Berkshire to disclose more about how its businesses promote diversity and address climate risks, and install an independent chairman to replace Buffett in that role.</p><p>Buffett has run Berkshire since 1965, and Mario Gabelli, chairman of Gamco Advisors and a prominent Berkshire investor, opposed ending his chairmanship.</p><p>&#34;It&#39;s not inappropriate for companies to look at separating the chair and CEO,&#34; he said. &#34;It doesn&#39;t make sense in the case of Berkshire Hathaway because this guy has done a fantastic job for 50 years. We like the idea, but not here.&#34;</p><p>Thousands of people massed outside the downtown arena housing the meeting before doors opened at 7 a.m. (1200 GMT).</p><p>Berkshire had projected lower attendance than in 2019, and about 10% to 15% of seats in the normally-full arena were empty.</p><p>As at other Berkshire-sponsored events this weekend, nearly all attendees did not wear masks, though all needed proof of COVID-19 vaccination. CNBC.com webcast the meeting.</p><p>&#34;I bought a chair from Walmart so I could sit down,&#34; said Tom Spain, founder of Henry Spain Investment Services in Market Harborough, England, who arrived at 3:15 a.m. for his third meeting. &#34;Everyone has been using it. Next year I might bring a massive container of coffee and give it out.&#34;</p><p>Lauritz Fenselau, a 23-year-old owner of a software startup from Frankfurt, Germany, showed up at 4 a.m. for his first meeting. &#34;It&#39;s like a pilgrimage,&#34; he said.</p><p>Also sleep-deprived was Andres Avila, who arrived in Omaha from Boston just five hours before getting in line at 4:45 a.m., carrying an umbrella to fend off the rain.</p><p>&#34;I have a bunch of my idols here,&#34; he said.</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>Buffett Reveals Big Investments, Rails Against Wall St Excess at Berkshire Meeting</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\">\nBuffett Reveals Big Investments, Rails Against Wall St Excess at Berkshire Meeting\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\">2022-05-01 08:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Warren Buffett on Saturday used the annual meeting of <a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway Inc </a> to reveal major new investments including a bigger stake in <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard Inc </a>, while also railing against Wall Street excess and addressing the risks to his conglomerate of inflation and nuclear war.</p><p>The meeting in downtown Omaha, Nebraska was Berkshire&#39;s first welcoming shareholders since 2019, before COVID-19 derailed America&#39;s largest corporate gathering for two years.</p><p>It allowed shareholders to ask five hours of questions directly to Buffett and Vice Chairman Charlie Munger, and some questions to Vice Chairmen Greg Abel, who would become chief executive if Buffett could not serve, and Ajit Jain.</p><p>Buffett said Berkshire, long faulted for holding too much cash, boosted its combined stakes in oil company <a href=\"https://laohu8.com/S/CVX\">Chevron Corp </a> and &#34;Call of Duty&#34; game maker <a href=\"https://laohu8.com/S/ATVI\">Activision Blizzard Inc </a> nearly six-fold to more than $31 billion.</p><p>Berkshire also said first-quarter operating profit was little changed at $7.04 billion, as many of its dozens of businesses withstood supply chain disruptions caused by COVID-19 variants, the Ukraine invasion and rising costs from inflation.</p><p>Buffett, 91, said it &#34;really feels good&#34; to address shareholders in person, after holding the last two meetings without them. Attendees included JPMorgan Chase &amp; Co (JPM.N) Chief Executive Jamie Dimon and the actor Bill Murray.</p><p>Buffett had in his annual shareholder letter in February bemoaned the lack of investment opportunities.</p><p>That prompted a shareholder to ask what changed in March, when Berkshire bought 14.6% of Occidental Petroleum Corp (OXY.N) and agreed to buy insurer <a href=\"https://laohu8.com/S/Y\">Alleghany Corp </a> for $11.6 billion.</p><p>Buffett said it was simple: he turned to Occidental after reading an analyst report, and to Alleghany after its chief executive, who once led Berkshire&#39;s General Re business, wrote to him.</p><p>&#34;Markets do crazy things, and occasionally Berkshire gets a chance to do something,&#34; he said. &#34;It&#39;s not because we&#39;re smart.... I think we&#39;re sane.&#34;</p><p>Berkshire spent $51 billion on equities in the quarter, and its cash stake sank more than $40 billion to $106 billion.</p><p>But the conglomerate has many cash-generating resources, including its insurance operations, and Buffett assured that reserves won&#39;t run dry.</p><p>&#34;We will always have a lot of cash,&#34; he said. &#34;It&#39;s like oxygen, it&#39;s there all the time but if it disappears for a few minutes, it&#39;s all over.&#34;</p><p>Buffett and Jain stumbled for answers when asked about whether the Ukraine conflict could degenerate into nuclear war.</p><p>Jain, who has drawn Buffett&#39;s praise for decades, said he had a &#34;lack of ability&#34; to estimate Berkshire&#39;s insurance exposure.</p><p>Buffett added that there was a &#34;very, very, very low&#34; risk of a nuclear attack, though the world had &#34;come close&#34; during the 1962 Cuban Missile Crisis.</p><p>&#34;The world is flipping a coin every day,&#34; Buffett said. &#34;Berkshire does not have an answer.&#34;</p><p>Buffett also picked on a favored target in saying stock markets sometimes resembled a casino or gambling partner.</p><p>&#34;That existed to an extraordinary degree in the last couple of years, encouraged by Wall Street,&#34; he said.</p><p>For his part, Munger, 98, echoed Nancy Reagan in criticizing bitcoin, saying that if an advisor suggested you put your retirement account there, &#34;just say no.&#34;</p><p>He and Buffett munched their familiar candies from See&#39;s, which Berkshire owns, and drank soda from <a href=\"https://laohu8.com/S/KO\">Coca-Cola</a>, a big Berkshire investment, at the meeting.</p><p>Abel defended Berkshire&#39;s BNSF railroad, saying there was &#34;more to be done&#34; to improve operations and customer service, and compete against rival <a href=\"https://laohu8.com/S/UNP\">Union Pacific Corp </a>.</p><p>Buffett also said Berkshire is designed to assure shareholders that the company and its business culture will survive his and Munger&#39;s departures.</p><p>&#34;Berkshire is built forever,&#34; he said.</p><p>Shareholders also rejected proposals requiring Berkshire to disclose more about how its businesses promote diversity and address climate risks, and install an independent chairman to replace Buffett in that role.</p><p>Buffett has run Berkshire since 1965, and Mario Gabelli, chairman of Gamco Advisors and a prominent Berkshire investor, opposed ending his chairmanship.</p><p>&#34;It&#39;s not inappropriate for companies to look at separating the chair and CEO,&#34; he said. &#34;It doesn&#39;t make sense in the case of Berkshire Hathaway because this guy has done a fantastic job for 50 years. We like the idea, but not here.&#34;</p><p>Thousands of people massed outside the downtown arena housing the meeting before doors opened at 7 a.m. (1200 GMT).</p><p>Berkshire had projected lower attendance than in 2019, and about 10% to 15% of seats in the normally-full arena were empty.</p><p>As at other Berkshire-sponsored events this weekend, nearly all attendees did not wear masks, though all needed proof of COVID-19 vaccination. CNBC.com webcast the meeting.</p><p>&#34;I bought a chair from Walmart so I could sit down,&#34; said Tom Spain, founder of Henry Spain Investment Services in Market Harborough, England, who arrived at 3:15 a.m. for his third meeting. &#34;Everyone has been using it. Next year I might bring a massive container of coffee and give it out.&#34;</p><p>Lauritz Fenselau, a 23-year-old owner of a software startup from Frankfurt, Germany, showed up at 4 a.m. for his first meeting. &#34;It&#39;s like a pilgrimage,&#34; he said.</p><p>Also sleep-deprived was Andres Avila, who arrived in Omaha from Boston just five hours before getting in line at 4:45 a.m., carrying an umbrella to fend off the rain.</p><p>&#34;I have a bunch of my idols here,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153449029","content_text":"(Reuters) - Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc  to reveal major new investments including a bigger stake in Activision Blizzard Inc , while also railing against Wall Street excess and addressing the risks to his conglomerate of inflation and nuclear war.The meeting in downtown Omaha, Nebraska was Berkshire's first welcoming shareholders since 2019, before COVID-19 derailed America's largest corporate gathering for two years.It allowed shareholders to ask five hours of questions directly to Buffett and Vice Chairman Charlie Munger, and some questions to Vice Chairmen Greg Abel, who would become chief executive if Buffett could not serve, and Ajit Jain.Buffett said Berkshire, long faulted for holding too much cash, boosted its combined stakes in oil company Chevron Corp  and \"Call of Duty\" game maker Activision Blizzard Inc  nearly six-fold to more than $31 billion.Berkshire also said first-quarter operating profit was little changed at $7.04 billion, as many of its dozens of businesses withstood supply chain disruptions caused by COVID-19 variants, the Ukraine invasion and rising costs from inflation.Buffett, 91, said it \"really feels good\" to address shareholders in person, after holding the last two meetings without them. Attendees included JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon and the actor Bill Murray.Buffett had in his annual shareholder letter in February bemoaned the lack of investment opportunities.That prompted a shareholder to ask what changed in March, when Berkshire bought 14.6% of Occidental Petroleum Corp (OXY.N) and agreed to buy insurer Alleghany Corp  for $11.6 billion.Buffett said it was simple: he turned to Occidental after reading an analyst report, and to Alleghany after its chief executive, who once led Berkshire's General Re business, wrote to him.\"Markets do crazy things, and occasionally Berkshire gets a chance to do something,\" he said. \"It's not because we're smart.... I think we're sane.\"Berkshire spent $51 billion on equities in the quarter, and its cash stake sank more than $40 billion to $106 billion.But the conglomerate has many cash-generating resources, including its insurance operations, and Buffett assured that reserves won't run dry.\"We will always have a lot of cash,\" he said. \"It's like oxygen, it's there all the time but if it disappears for a few minutes, it's all over.\"Buffett and Jain stumbled for answers when asked about whether the Ukraine conflict could degenerate into nuclear war.Jain, who has drawn Buffett's praise for decades, said he had a \"lack of ability\" to estimate Berkshire's insurance exposure.Buffett added that there was a \"very, very, very low\" risk of a nuclear attack, though the world had \"come close\" during the 1962 Cuban Missile Crisis.\"The world is flipping a coin every day,\" Buffett said. \"Berkshire does not have an answer.\"Buffett also picked on a favored target in saying stock markets sometimes resembled a casino or gambling partner.\"That existed to an extraordinary degree in the last couple of years, encouraged by Wall Street,\" he said.For his part, Munger, 98, echoed Nancy Reagan in criticizing bitcoin, saying that if an advisor suggested you put your retirement account there, \"just say no.\"He and Buffett munched their familiar candies from See's, which Berkshire owns, and drank soda from Coca-Cola, a big Berkshire investment, at the meeting.Abel defended Berkshire's BNSF railroad, saying there was \"more to be done\" to improve operations and customer service, and compete against rival Union Pacific Corp .Buffett also said Berkshire is designed to assure shareholders that the company and its business culture will survive his and Munger's departures.\"Berkshire is built forever,\" he said.Shareholders also rejected proposals requiring Berkshire to disclose more about how its businesses promote diversity and address climate risks, and install an independent chairman to replace Buffett in that role.Buffett has run Berkshire since 1965, and Mario Gabelli, chairman of Gamco Advisors and a prominent Berkshire investor, opposed ending his chairmanship.\"It's not inappropriate for companies to look at separating the chair and CEO,\" he said. \"It doesn't make sense in the case of Berkshire Hathaway because this guy has done a fantastic job for 50 years. We like the idea, but not here.\"Thousands of people massed outside the downtown arena housing the meeting before doors opened at 7 a.m. (1200 GMT).Berkshire had projected lower attendance than in 2019, and about 10% to 15% of seats in the normally-full arena were empty.As at other Berkshire-sponsored events this weekend, nearly all attendees did not wear masks, though all needed proof of COVID-19 vaccination. CNBC.com webcast the meeting.\"I bought a chair from Walmart so I could sit down,\" said Tom Spain, founder of Henry Spain Investment Services in Market Harborough, England, who arrived at 3:15 a.m. for his third meeting. \"Everyone has been using it. Next year I might bring a massive container of coffee and give it out.\"Lauritz Fenselau, a 23-year-old owner of a software startup from Frankfurt, Germany, showed up at 4 a.m. for his first meeting. \"It's like a pilgrimage,\" he said.Also sleep-deprived was Andres Avila, who arrived in Omaha from Boston just five hours before getting in line at 4:45 a.m., carrying an umbrella to fend off the rain.\"I have a bunch of my idols here,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069725342,"gmtCreate":1651366297513,"gmtModify":1676534894736,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Very insightful thanks 🙏","listText":"Very insightful thanks 🙏","text":"Very insightful thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069725342","repostId":"1191701836","repostType":4,"repost":{"id":"1191701836","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":1651332063,"share":"https://ttm.financial/m/news/1191701836?lang=&edition=fundamental","pubTime":"2022-04-30 23:21","market":"us","language":"en","title":"Warren Buffett: We Didn't Repurchase Any Berkshire Stock in April","url":"https://stock-news.laohu8.com/highlight/detail?id=1191701836","media":"Tiger Newspress","summary":"Warren Buffett hasn't used the market pullback in April to repurchase any shares of Berkshire Hathaw","content":"<html><head></head><body><p>Warren Buffett hasn&#39;t used the market pullback in April to repurchase any shares of Berkshire Hathaway, perhaps a signal he expects more volatility ahead amid rising interest rates and nagging inflationary pressures.</p><p>&#34;We haven&#39;t repurchased any shares at all in April,&#34; Buffett said at the Berkshire Hathaway annual meeting on Saturday. &#34;We&#39;re back somewhat to our more lethargic mood, but anything could change for sure.&#34;</p><p>Berkshire has made massive repurchases of Berkshire stock in the past but has also taken years-long breaks from the practice The company repurchased $3.2 billion of its own stock in the first quarter.</p><p>More recently, Berkshire shares haven&#39;t been immune to the broader market pullback.</p><p>Shares of Berkshire&#39;s class A and class B shares are down about 6.2% so far in the month, outperforming the 8% drop in the S&amp;P 500.</p><p>While Buffett has temporarily stopped buying Berkshire shares, he continues to bet big elsewhere.</p><p>Buffett bought $51 billion in stock in the first quarter, according to the company&#39;s latest earnings release.</p><p>The billionaire investor&#39;s empire upped stakes in oil giants <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a> and <a href=\"https://laohu8.com/S/CVX\">Chevron</a> while also investing $4.2 billion to become the largest investor in computing leader <a href=\"https://laohu8.com/S/HPQ\">HP Inc.</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>Warren Buffett: We Didn't Repurchase Any Berkshire Stock in April</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett: We Didn't Repurchase Any Berkshire Stock in April\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\">2022-04-30 23:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett hasn&#39;t used the market pullback in April to repurchase any shares of Berkshire Hathaway, perhaps a signal he expects more volatility ahead amid rising interest rates and nagging inflationary pressures.</p><p>&#34;We haven&#39;t repurchased any shares at all in April,&#34; Buffett said at the Berkshire Hathaway annual meeting on Saturday. &#34;We&#39;re back somewhat to our more lethargic mood, but anything could change for sure.&#34;</p><p>Berkshire has made massive repurchases of Berkshire stock in the past but has also taken years-long breaks from the practice The company repurchased $3.2 billion of its own stock in the first quarter.</p><p>More recently, Berkshire shares haven&#39;t been immune to the broader market pullback.</p><p>Shares of Berkshire&#39;s class A and class B shares are down about 6.2% so far in the month, outperforming the 8% drop in the S&amp;P 500.</p><p>While Buffett has temporarily stopped buying Berkshire shares, he continues to bet big elsewhere.</p><p>Buffett bought $51 billion in stock in the first quarter, according to the company&#39;s latest earnings release.</p><p>The billionaire investor&#39;s empire upped stakes in oil giants <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a> and <a href=\"https://laohu8.com/S/CVX\">Chevron</a> while also investing $4.2 billion to become the largest investor in computing leader <a href=\"https://laohu8.com/S/HPQ\">HP Inc.</a>.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191701836","content_text":"Warren Buffett hasn't used the market pullback in April to repurchase any shares of Berkshire Hathaway, perhaps a signal he expects more volatility ahead amid rising interest rates and nagging inflationary pressures.\"We haven't repurchased any shares at all in April,\" Buffett said at the Berkshire Hathaway annual meeting on Saturday. \"We're back somewhat to our more lethargic mood, but anything could change for sure.\"Berkshire has made massive repurchases of Berkshire stock in the past but has also taken years-long breaks from the practice The company repurchased $3.2 billion of its own stock in the first quarter.More recently, Berkshire shares haven't been immune to the broader market pullback.Shares of Berkshire's class A and class B shares are down about 6.2% so far in the month, outperforming the 8% drop in the S&P 500.While Buffett has temporarily stopped buying Berkshire shares, he continues to bet big elsewhere.Buffett bought $51 billion in stock in the first quarter, according to the company's latest earnings release.The billionaire investor's empire upped stakes in oil giants Occidental Petroleum and Chevron while also investing $4.2 billion to become the largest investor in computing leader HP Inc..","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069722460,"gmtCreate":1651366282254,"gmtModify":1676534894728,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Very insightful thanks 🙏","listText":"Very insightful thanks 🙏","text":"Very insightful thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069722460","repostId":"1119163908","repostType":4,"repost":{"id":"1119163908","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":1651330677,"share":"https://ttm.financial/m/news/1119163908?lang=&edition=fundamental","pubTime":"2022-04-30 22:57","market":"us","language":"en","title":"Buffett Says Berkshire Is \"Better Than the Banks\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1119163908","media":"Tiger Newspress","summary":"Warren Buffett has a long history of teasing investment bankers and their institutions – saying that","content":"<html><head></head><body><p>Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.</p><p>Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need.</p><p>Warren Buffett’s career has been a testament to that the fact that, over the long-term, value investing can produce major gains.</p><p>From the start of 1965 through the end of 2021, the per-share market value of Berkshire Hathaway had an average compound annual gain of 20.1%, according to the firm’s annual letter. That is nearly double the S&amp;P 500′s 10.5%, including dividends.</p><p>While Buffett has built a big lead over many decades, he has had continued success in recent years. Since 2010, Berkshire has outpaced the S&amp;P 500 in eight calendar years. That is on track to happen again in 2022.</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>Buffett Says Berkshire Is \"Better Than the Banks\"</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\">\nBuffett Says Berkshire Is \"Better Than the Banks\"\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\">2022-04-30 22:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.</p><p>Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need.</p><p>Warren Buffett’s career has been a testament to that the fact that, over the long-term, value investing can produce major gains.</p><p>From the start of 1965 through the end of 2021, the per-share market value of Berkshire Hathaway had an average compound annual gain of 20.1%, according to the firm’s annual letter. That is nearly double the S&amp;P 500′s 10.5%, including dividends.</p><p>While Buffett has built a big lead over many decades, he has had continued success in recent years. Since 2010, Berkshire has outpaced the S&amp;P 500 in eight calendar years. That is on track to happen again in 2022.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119163908","content_text":"Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need.Warren Buffett’s career has been a testament to that the fact that, over the long-term, value investing can produce major gains.From the start of 1965 through the end of 2021, the per-share market value of Berkshire Hathaway had an average compound annual gain of 20.1%, according to the firm’s annual letter. That is nearly double the S&P 500′s 10.5%, including dividends.While Buffett has built a big lead over many decades, he has had continued success in recent years. Since 2010, Berkshire has outpaced the S&P 500 in eight calendar years. That is on track to happen again in 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069722611,"gmtCreate":1651366259365,"gmtModify":1676534894720,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Very insightful thanks 🙏","listText":"Very insightful thanks 🙏","text":"Very insightful thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069722611","repostId":"1102313596","repostType":2,"repost":{"id":"1102313596","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":1651364553,"share":"https://ttm.financial/m/news/1102313596?lang=&edition=fundamental","pubTime":"2022-05-01 08:22","market":"us","language":"en","title":"Full Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday","url":"https://stock-news.laohu8.com/highlight/detail?id=1102313596","media":"Tiger Newspress","summary":"Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron","content":"<html><head></head><body><p>Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.</p><p>Speaking at Berkshire Hathaway’s first in-person annual meeting since 2019, Buffett went so far as to say the market’s turned into a “gambling parlor.”</p><p>The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation “swindles” equity investors, but noted Saturday that it “swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.”</p><p>Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.</p><p>Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoft’s proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader market’s downturn.</p><p>Buffett also stressed the importance of cash as “new forms of money” like bitcoin pop up.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill. “That’s what money is.”</p><p>Check out full recap below for more from the two investing legends.</p><h3><b>Berkshire bought more than $51 billion of stocks during Q1′s market rout</b></h3><p>Berkshire bought more than $51 billion worth of stocks during the first quarter’s market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.</p><p>The S&amp;P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.</p><h3><b>Buffett says Berkshire is “better than the banks”</b></h3><p>Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.</p><p>Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.</p><p>“Was that a banker screaming?” Buffett joked.</p><h3><b>Buffett warns shareholders about “new forms of money” and the importance of cash</b></h3><p>Warren Buffett warned shareholders about “new forms of money” as he recalled the financial crisis of 2008 and said Berkshire Hathaway will “always have a lot of cash on hand.”</p><p>Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin “rat poison” in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill.</p><p>“That’s what money is,” he added. “It may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that they’re reaching [for] new forms of money, this is the only thing that will pay bills.”</p><h3><b>Berkshire put money to work after finding ‘little exciting’ in the market</b></h3><p>In his annual chairman letter to shareholders in February, Warren Buffett said there is “little that excites us” in the market. But soon after, he put Berkshire’s money to work.</p><p>Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshire’s first-quarter filing revealed the company significantly increased its bet on Chevron.</p><p>“We found some things we prefer to owning Treasury bills,” quipped Berkshire vice chairman and Buffett’s right-hand man Charlie Munger.</p><h3><b>Buffett on his massive Occidental investment</b></h3><p>Buffett scooped up 14% of oil giant <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>, worth more than $7 billion, in two weeks during March.</p><p>He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.</p><p>“That’s not investment. You’re not buying from [investors]. I find it just incredible. You couldn’t do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,” Buffett said.</p><p>“That enabled us, in a two-week period, to buy 14% of a business that’s been around for decades,” Buffett said. “Imagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and we’ve seen a lot.”</p><p>The legendary investor said that the short-term volatility earlier this year fueled by “gambling mentality” allowed him to find good long-term opportunities.</p><h3><b>Executives of Berkshire’s portfolio companies discuss impact of inflation</b></h3><p>Ahead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.</p><p>One of those executives was Jim Weber, CEO of Brooks Running.</p><p>Weber said it was tough to raise prices for Brooks’ products but that he thinks some of the cost pressures could cool soon.</p><p>“We don’t have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. It’s a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,” Weber said.</p><h3><b>Buffett wants Berkshire to be in a ‘position to operate’ should the economy stop</b></h3><p>Buffett said he wants Berkshire Hathaway to be in a “position to operate” should the economy stop.</p><p>“We want Berkshire Hathaway to be there and in a position to operate if the economy stops,” Buffett said. “And that can always happen, it can always happen.”</p><p>Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.</p><p>The billionaire investor made those remarks while also praising the Federal Reserve’s role during the 2008 financial crisis and the pandemic.</p><p>“The Federal Reserve has not gone,” Buffett said. He added the Fed will “do whatever is necessary. ... That’s what happened in 2008 and 2009, and that’s what happened in 2020, and you’ll hope it happens again next time.”</p><h3><b>Buffett says he has &#34;so much trouble&#34; finding businesses to invest in</b></h3><p>Warren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.</p><p>“We have so much trouble finding good ideas that we can’t afford to ignore any,” Buffett said. “But they do have to be sizable.”</p><p>Buffett said while he does seek out new investments, he prefers to be approached proactively.</p><p>“We’ll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,” Buffett said.</p><h3><b>Munger says today’s stock market &#34;almost a mania of speculation&#34;</b></h3><p>Munger said today’s stock market has become “almost a mania of speculation.”</p><p>His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.</p><p>“We have computers with algorithms trading against other computers,” Munger said. “We’ve got people who know nothing about stocks, being advised by stockbrokers who know even less.</p><p>“I understand the commission though,” Buffett joked.</p><p>After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.</p><p>“People and traders’ poker chips are pulling the handle,” he said. “They’ve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobody’s going around selling calls on farms. That’s why markets do crazy things. Occasionally Berkshire gets a chance to do something. It’s not because we’re smarter. … we’re sane, and that’s the main requirement in this business.”</p><h3><b>Munger blasts calls for separate Berkshire chairman and CEO</b></h3><p>Berkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.</p><p>“It’s the most ridiculous criticism I ever heard,” Munger said.</p><p>“It’s like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, ‘I don’t like the way you were holding your spear when you won that battle,’” he added, referencing ancient Greek epic “The Odyssey.”</p><p>The California Public Employees’ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposal’s aim stems from concerns about corporate governance with one person holding dual roles.</p><p>“Some guy that’s never run any business, doesn’t know anything — I don’t think too much of this activity,” Munger said.</p><h3><b>Berkshire’s head of insurance explains how Geico has fallen behind rival Progressive</b></h3><p>Berkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerate’s insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.</p><p>“Each one have their plusses and minuses, but having said that, there’s no question that recently Progressive has done a much better job than Geico … both in terms of margins and in terms of growth,” Jain said.</p><p>“There are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned … is telematics,” he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.</p><p>“Progressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasn’t involved in telematics,” Jain said. “It’s a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.”</p><p>Jain’s comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.</p><h3><b>Buffett says he has never been &#34;good at timing&#34;</b></h3><p>Warren Buffett said he has never figured out how to time the markets.</p><p>“We haven’t the faintest idea what the stock market was gonna do when it opens on Monday,” Buffett said in response to an audience question.</p><p>“I don’t think we’ve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economy’s going to do. We don’t know,” he continued.</p><p>The Oracle of Omaha said he often gets misplaced credit for the stock winners he’s picked over the years, pointing out he’s also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.</p><p>Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.</p><p>“We have not been good at timing,” Buffett said. “We’ve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.”</p><h3><b>Munger says &#34;just say no&#34; to putting bitcoin in your retirement account</b></h3><p>Charlie Munger is still down on bitcoin.</p><p>He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.</p><p>The Berkshire executives didn’t say where they would put their money, but Munger was clear about where he wouldn’t invest: bitcoin.</p><p>“When you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,” he said.</p><p>Munger’s answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.</p><p>Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.</p><h3><b>Buffett describes his start to investing when he was 11 years old</b></h3><p>A trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.</p><p>“I went to the New York Stock Exchange, I was in awe of it,” Buffett said. “I got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.”</p><p>The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his father’s office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Graham’s “The Intelligent Investor.”</p><p>“I looked at this book and I saw one paragraph and it told me I’ve been doing everything wrong. I just had the whole approach wrong,” Buffett said.</p><h3><b>Buffett wants to make it clear he’s not the only one picking stocks at Berkshire Hathaway</b></h3><p>Warren Buffett wants to make it clear that he’s not the only one at Berkshire Hathaway picking stocks.</p><p>“I see headlines in papers just time after time after time that say, ‘Buffett’s buying such and such,’” Buffett said. “I’m not buying such and such. Berkshire Hathaway is buying.”</p><p>The investor said a stock pick may have been made by other finance professionals in his organization without Buffett’s ever having heard of it.</p><p>“But the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we don’t know whether it is the people that work for him, the headline is designed to bring people into the story,” Buffett said.</p><p>“The easiest thing to do is basically shut up and not have a bunch of people facing consequences they didn’t ask for in the first place,” he said.</p><h3><b>Buffett says inflation ‘swindles almost everybody’</b></h3><p>When asked about his previous comments that inflation “swindles” equity investors, Buffett said the damage from rising prices was much broader than that.</p><p>“Inflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,” he said.</p><p>Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isn’t as simple as raising prices to maintain inflation-adjusted profits.</p><p>The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.</p><p>“The question is how much ... and the answer is nobody knows,” Buffett said.</p><p>Buffett reiterated that the best protection against the inflation is investing in your own skills.</p><h3><b>Buffett says Berkshire now owns 9.5% of Activision Blizzard</b></h3><p>Warren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoft’sproposed acquisition of the video game company will close.</p><p>In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire “had no prior knowledge”of Microsoft’s plan to buy the company when Berkshire made its initial investment.</p><p>In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.</p><p>Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoft’s offer. Buying at these levels will yield a bigger return if the deal closes.</p><p>Buffett said Berkshire now owns about 9.5% of Activision. “If we went over 10%, we would file a report,” he said.</p><p>“If the deal goes through, we make some money, and if the deal doesn’t go through, who knows what happens,” Buffett said.</p><p>“We don’t know what the Justice Department will do, we don’t know what the E.U. will do, we don’t know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,” Buffett added.</p><h3><b>Buffett: ‘I look at Berkshire as a painting’</b></h3><p>The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.</p><p>“I look at Berkshire as a painting,” Buffett said. “It’s unlimited in size; it’s got an ever-expanding canvas, and I get to paint what I want.”</p><p>Buffett did acknowledge that he doesn’t know much about art, but added that “other people look at paintings and they see something, then they’ll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.”</p><p>“It’s in my head, and I see different things in it as I go along,” Buffett said. “It’s satisfying.”</p><h3><b>Buffett calls Jerome Powell a hero</b></h3><p>In addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.</p><p>“You print loads of money, and money is going to be worth less,” Buffett said.</p><p>However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.</p><p>“In my book,Jay Powellis a hero. It’s very simple. He did what he had to do,” Buffett said.</p><h3><b>Buffett says people are becoming more tribal</b></h3><p>Warren Buffett said people are becoming more tribal.</p><p>“My general assumption — there’s no way to prove it — but essentially, people are now behaving somewhat more tribal than they have for a long time,” Buffett said.</p><p>“It’s fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and they’re gonna give you those answers,” he continued.</p><p>The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings weren’t served dessert until they “said something nasty” about Roosevelt.</p><p>“I don’t think it’s a good development for society,” Buffett said.</p><h3><b>Buffett says he won’t buy bitcoin because ‘it doesn’t produce anything’</b></h3><p>Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.</p><p>“Whether it goes up or down in the next year, or five or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t produce anything,” Buffett said. “It’s got a magic to it and people have attached magics to lots of things.”</p><p>Buffett listed farmland, apartment buildings — and even art — as assets that had more tangible value than bitcoin.</p><p>“Assets, to have value, have to deliver something to somebody. And there’s only one currency that’s accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,” he said, holding up a $20 bill. “And there’s no reason in the world why the United States government … is going to let Berkshire money replace theirs.”</p><h3><b>Berkshire’s business meeting concludes with shareholder votes</b></h3><p>Berkshire’s formal business meeting followed nearly five hours of Q&amp;A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.</p><p>The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the company to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.</p><p>Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.</p><p>One shareholder also took issue with Berkshire’s climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreement’s 1.5°C goal, requiring net zero emissions. Shareholders voted it down.</p><p>The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.</p><p></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>Full Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday</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\">\nFull Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday\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\">2022-05-01 08:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.</p><p>Speaking at Berkshire Hathaway’s first in-person annual meeting since 2019, Buffett went so far as to say the market’s turned into a “gambling parlor.”</p><p>The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation “swindles” equity investors, but noted Saturday that it “swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.”</p><p>Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.</p><p>Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoft’s proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader market’s downturn.</p><p>Buffett also stressed the importance of cash as “new forms of money” like bitcoin pop up.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill. “That’s what money is.”</p><p>Check out full recap below for more from the two investing legends.</p><h3><b>Berkshire bought more than $51 billion of stocks during Q1′s market rout</b></h3><p>Berkshire bought more than $51 billion worth of stocks during the first quarter’s market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.</p><p>The S&amp;P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.</p><h3><b>Buffett says Berkshire is “better than the banks”</b></h3><p>Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.</p><p>Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.</p><p>“Was that a banker screaming?” Buffett joked.</p><h3><b>Buffett warns shareholders about “new forms of money” and the importance of cash</b></h3><p>Warren Buffett warned shareholders about “new forms of money” as he recalled the financial crisis of 2008 and said Berkshire Hathaway will “always have a lot of cash on hand.”</p><p>Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin “rat poison” in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill.</p><p>“That’s what money is,” he added. “It may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that they’re reaching [for] new forms of money, this is the only thing that will pay bills.”</p><h3><b>Berkshire put money to work after finding ‘little exciting’ in the market</b></h3><p>In his annual chairman letter to shareholders in February, Warren Buffett said there is “little that excites us” in the market. But soon after, he put Berkshire’s money to work.</p><p>Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshire’s first-quarter filing revealed the company significantly increased its bet on Chevron.</p><p>“We found some things we prefer to owning Treasury bills,” quipped Berkshire vice chairman and Buffett’s right-hand man Charlie Munger.</p><h3><b>Buffett on his massive Occidental investment</b></h3><p>Buffett scooped up 14% of oil giant <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>, worth more than $7 billion, in two weeks during March.</p><p>He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.</p><p>“That’s not investment. You’re not buying from [investors]. I find it just incredible. You couldn’t do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,” Buffett said.</p><p>“That enabled us, in a two-week period, to buy 14% of a business that’s been around for decades,” Buffett said. “Imagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and we’ve seen a lot.”</p><p>The legendary investor said that the short-term volatility earlier this year fueled by “gambling mentality” allowed him to find good long-term opportunities.</p><h3><b>Executives of Berkshire’s portfolio companies discuss impact of inflation</b></h3><p>Ahead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.</p><p>One of those executives was Jim Weber, CEO of Brooks Running.</p><p>Weber said it was tough to raise prices for Brooks’ products but that he thinks some of the cost pressures could cool soon.</p><p>“We don’t have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. It’s a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,” Weber said.</p><h3><b>Buffett wants Berkshire to be in a ‘position to operate’ should the economy stop</b></h3><p>Buffett said he wants Berkshire Hathaway to be in a “position to operate” should the economy stop.</p><p>“We want Berkshire Hathaway to be there and in a position to operate if the economy stops,” Buffett said. “And that can always happen, it can always happen.”</p><p>Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.</p><p>The billionaire investor made those remarks while also praising the Federal Reserve’s role during the 2008 financial crisis and the pandemic.</p><p>“The Federal Reserve has not gone,” Buffett said. He added the Fed will “do whatever is necessary. ... That’s what happened in 2008 and 2009, and that’s what happened in 2020, and you’ll hope it happens again next time.”</p><h3><b>Buffett says he has &#34;so much trouble&#34; finding businesses to invest in</b></h3><p>Warren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.</p><p>“We have so much trouble finding good ideas that we can’t afford to ignore any,” Buffett said. “But they do have to be sizable.”</p><p>Buffett said while he does seek out new investments, he prefers to be approached proactively.</p><p>“We’ll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,” Buffett said.</p><h3><b>Munger says today’s stock market &#34;almost a mania of speculation&#34;</b></h3><p>Munger said today’s stock market has become “almost a mania of speculation.”</p><p>His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.</p><p>“We have computers with algorithms trading against other computers,” Munger said. “We’ve got people who know nothing about stocks, being advised by stockbrokers who know even less.</p><p>“I understand the commission though,” Buffett joked.</p><p>After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.</p><p>“People and traders’ poker chips are pulling the handle,” he said. “They’ve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobody’s going around selling calls on farms. That’s why markets do crazy things. Occasionally Berkshire gets a chance to do something. It’s not because we’re smarter. … we’re sane, and that’s the main requirement in this business.”</p><h3><b>Munger blasts calls for separate Berkshire chairman and CEO</b></h3><p>Berkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.</p><p>“It’s the most ridiculous criticism I ever heard,” Munger said.</p><p>“It’s like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, ‘I don’t like the way you were holding your spear when you won that battle,’” he added, referencing ancient Greek epic “The Odyssey.”</p><p>The California Public Employees’ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposal’s aim stems from concerns about corporate governance with one person holding dual roles.</p><p>“Some guy that’s never run any business, doesn’t know anything — I don’t think too much of this activity,” Munger said.</p><h3><b>Berkshire’s head of insurance explains how Geico has fallen behind rival Progressive</b></h3><p>Berkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerate’s insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.</p><p>“Each one have their plusses and minuses, but having said that, there’s no question that recently Progressive has done a much better job than Geico … both in terms of margins and in terms of growth,” Jain said.</p><p>“There are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned … is telematics,” he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.</p><p>“Progressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasn’t involved in telematics,” Jain said. “It’s a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.”</p><p>Jain’s comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.</p><h3><b>Buffett says he has never been &#34;good at timing&#34;</b></h3><p>Warren Buffett said he has never figured out how to time the markets.</p><p>“We haven’t the faintest idea what the stock market was gonna do when it opens on Monday,” Buffett said in response to an audience question.</p><p>“I don’t think we’ve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economy’s going to do. We don’t know,” he continued.</p><p>The Oracle of Omaha said he often gets misplaced credit for the stock winners he’s picked over the years, pointing out he’s also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.</p><p>Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.</p><p>“We have not been good at timing,” Buffett said. “We’ve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.”</p><h3><b>Munger says &#34;just say no&#34; to putting bitcoin in your retirement account</b></h3><p>Charlie Munger is still down on bitcoin.</p><p>He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.</p><p>The Berkshire executives didn’t say where they would put their money, but Munger was clear about where he wouldn’t invest: bitcoin.</p><p>“When you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,” he said.</p><p>Munger’s answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.</p><p>Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.</p><h3><b>Buffett describes his start to investing when he was 11 years old</b></h3><p>A trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.</p><p>“I went to the New York Stock Exchange, I was in awe of it,” Buffett said. “I got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.”</p><p>The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his father’s office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Graham’s “The Intelligent Investor.”</p><p>“I looked at this book and I saw one paragraph and it told me I’ve been doing everything wrong. I just had the whole approach wrong,” Buffett said.</p><h3><b>Buffett wants to make it clear he’s not the only one picking stocks at Berkshire Hathaway</b></h3><p>Warren Buffett wants to make it clear that he’s not the only one at Berkshire Hathaway picking stocks.</p><p>“I see headlines in papers just time after time after time that say, ‘Buffett’s buying such and such,’” Buffett said. “I’m not buying such and such. Berkshire Hathaway is buying.”</p><p>The investor said a stock pick may have been made by other finance professionals in his organization without Buffett’s ever having heard of it.</p><p>“But the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we don’t know whether it is the people that work for him, the headline is designed to bring people into the story,” Buffett said.</p><p>“The easiest thing to do is basically shut up and not have a bunch of people facing consequences they didn’t ask for in the first place,” he said.</p><h3><b>Buffett says inflation ‘swindles almost everybody’</b></h3><p>When asked about his previous comments that inflation “swindles” equity investors, Buffett said the damage from rising prices was much broader than that.</p><p>“Inflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,” he said.</p><p>Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isn’t as simple as raising prices to maintain inflation-adjusted profits.</p><p>The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.</p><p>“The question is how much ... and the answer is nobody knows,” Buffett said.</p><p>Buffett reiterated that the best protection against the inflation is investing in your own skills.</p><h3><b>Buffett says Berkshire now owns 9.5% of Activision Blizzard</b></h3><p>Warren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoft’sproposed acquisition of the video game company will close.</p><p>In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire “had no prior knowledge”of Microsoft’s plan to buy the company when Berkshire made its initial investment.</p><p>In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.</p><p>Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoft’s offer. Buying at these levels will yield a bigger return if the deal closes.</p><p>Buffett said Berkshire now owns about 9.5% of Activision. “If we went over 10%, we would file a report,” he said.</p><p>“If the deal goes through, we make some money, and if the deal doesn’t go through, who knows what happens,” Buffett said.</p><p>“We don’t know what the Justice Department will do, we don’t know what the E.U. will do, we don’t know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,” Buffett added.</p><h3><b>Buffett: ‘I look at Berkshire as a painting’</b></h3><p>The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.</p><p>“I look at Berkshire as a painting,” Buffett said. “It’s unlimited in size; it’s got an ever-expanding canvas, and I get to paint what I want.”</p><p>Buffett did acknowledge that he doesn’t know much about art, but added that “other people look at paintings and they see something, then they’ll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.”</p><p>“It’s in my head, and I see different things in it as I go along,” Buffett said. “It’s satisfying.”</p><h3><b>Buffett calls Jerome Powell a hero</b></h3><p>In addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.</p><p>“You print loads of money, and money is going to be worth less,” Buffett said.</p><p>However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.</p><p>“In my book,Jay Powellis a hero. It’s very simple. He did what he had to do,” Buffett said.</p><h3><b>Buffett says people are becoming more tribal</b></h3><p>Warren Buffett said people are becoming more tribal.</p><p>“My general assumption — there’s no way to prove it — but essentially, people are now behaving somewhat more tribal than they have for a long time,” Buffett said.</p><p>“It’s fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and they’re gonna give you those answers,” he continued.</p><p>The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings weren’t served dessert until they “said something nasty” about Roosevelt.</p><p>“I don’t think it’s a good development for society,” Buffett said.</p><h3><b>Buffett says he won’t buy bitcoin because ‘it doesn’t produce anything’</b></h3><p>Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.</p><p>“Whether it goes up or down in the next year, or five or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t produce anything,” Buffett said. “It’s got a magic to it and people have attached magics to lots of things.”</p><p>Buffett listed farmland, apartment buildings — and even art — as assets that had more tangible value than bitcoin.</p><p>“Assets, to have value, have to deliver something to somebody. And there’s only one currency that’s accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,” he said, holding up a $20 bill. “And there’s no reason in the world why the United States government … is going to let Berkshire money replace theirs.”</p><h3><b>Berkshire’s business meeting concludes with shareholder votes</b></h3><p>Berkshire’s formal business meeting followed nearly five hours of Q&amp;A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.</p><p>The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the company to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.</p><p>Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.</p><p>One shareholder also took issue with Berkshire’s climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreement’s 1.5°C goal, requiring net zero emissions. Shareholders voted it down.</p><p>The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102313596","content_text":"Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.Speaking at Berkshire Hathaway’s first in-person annual meeting since 2019, Buffett went so far as to say the market’s turned into a “gambling parlor.”The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation “swindles” equity investors, but noted Saturday that it “swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.”Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoft’s proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader market’s downturn.Buffett also stressed the importance of cash as “new forms of money” like bitcoin pop up.“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill. “That’s what money is.”Check out full recap below for more from the two investing legends.Berkshire bought more than $51 billion of stocks during Q1′s market routBerkshire bought more than $51 billion worth of stocks during the first quarter’s market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.The S&P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.Buffett says Berkshire is “better than the banks”Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.“Was that a banker screaming?” Buffett joked.Buffett warns shareholders about “new forms of money” and the importance of cashWarren Buffett warned shareholders about “new forms of money” as he recalled the financial crisis of 2008 and said Berkshire Hathaway will “always have a lot of cash on hand.”Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin “rat poison” in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill.“That’s what money is,” he added. “It may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that they’re reaching [for] new forms of money, this is the only thing that will pay bills.”Berkshire put money to work after finding ‘little exciting’ in the marketIn his annual chairman letter to shareholders in February, Warren Buffett said there is “little that excites us” in the market. But soon after, he put Berkshire’s money to work.Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshire’s first-quarter filing revealed the company significantly increased its bet on Chevron.“We found some things we prefer to owning Treasury bills,” quipped Berkshire vice chairman and Buffett’s right-hand man Charlie Munger.Buffett on his massive Occidental investmentBuffett scooped up 14% of oil giant Occidental Petroleum, worth more than $7 billion, in two weeks during March.He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.“That’s not investment. You’re not buying from [investors]. I find it just incredible. You couldn’t do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,” Buffett said.“That enabled us, in a two-week period, to buy 14% of a business that’s been around for decades,” Buffett said. “Imagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and we’ve seen a lot.”The legendary investor said that the short-term volatility earlier this year fueled by “gambling mentality” allowed him to find good long-term opportunities.Executives of Berkshire’s portfolio companies discuss impact of inflationAhead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.One of those executives was Jim Weber, CEO of Brooks Running.Weber said it was tough to raise prices for Brooks’ products but that he thinks some of the cost pressures could cool soon.“We don’t have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. It’s a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,” Weber said.Buffett wants Berkshire to be in a ‘position to operate’ should the economy stopBuffett said he wants Berkshire Hathaway to be in a “position to operate” should the economy stop.“We want Berkshire Hathaway to be there and in a position to operate if the economy stops,” Buffett said. “And that can always happen, it can always happen.”Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.The billionaire investor made those remarks while also praising the Federal Reserve’s role during the 2008 financial crisis and the pandemic.“The Federal Reserve has not gone,” Buffett said. He added the Fed will “do whatever is necessary. ... That’s what happened in 2008 and 2009, and that’s what happened in 2020, and you’ll hope it happens again next time.”Buffett says he has \"so much trouble\" finding businesses to invest inWarren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.“We have so much trouble finding good ideas that we can’t afford to ignore any,” Buffett said. “But they do have to be sizable.”Buffett said while he does seek out new investments, he prefers to be approached proactively.“We’ll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,” Buffett said.Munger says today’s stock market \"almost a mania of speculation\"Munger said today’s stock market has become “almost a mania of speculation.”His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.“We have computers with algorithms trading against other computers,” Munger said. “We’ve got people who know nothing about stocks, being advised by stockbrokers who know even less.“I understand the commission though,” Buffett joked.After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.“People and traders’ poker chips are pulling the handle,” he said. “They’ve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobody’s going around selling calls on farms. That’s why markets do crazy things. Occasionally Berkshire gets a chance to do something. It’s not because we’re smarter. … we’re sane, and that’s the main requirement in this business.”Munger blasts calls for separate Berkshire chairman and CEOBerkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.“It’s the most ridiculous criticism I ever heard,” Munger said.“It’s like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, ‘I don’t like the way you were holding your spear when you won that battle,’” he added, referencing ancient Greek epic “The Odyssey.”The California Public Employees’ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposal’s aim stems from concerns about corporate governance with one person holding dual roles.“Some guy that’s never run any business, doesn’t know anything — I don’t think too much of this activity,” Munger said.Berkshire’s head of insurance explains how Geico has fallen behind rival ProgressiveBerkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerate’s insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.“Each one have their plusses and minuses, but having said that, there’s no question that recently Progressive has done a much better job than Geico … both in terms of margins and in terms of growth,” Jain said.“There are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned … is telematics,” he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.“Progressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasn’t involved in telematics,” Jain said. “It’s a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.”Jain’s comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.Buffett says he has never been \"good at timing\"Warren Buffett said he has never figured out how to time the markets.“We haven’t the faintest idea what the stock market was gonna do when it opens on Monday,” Buffett said in response to an audience question.“I don’t think we’ve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economy’s going to do. We don’t know,” he continued.The Oracle of Omaha said he often gets misplaced credit for the stock winners he’s picked over the years, pointing out he’s also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.“We have not been good at timing,” Buffett said. “We’ve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.”Munger says \"just say no\" to putting bitcoin in your retirement accountCharlie Munger is still down on bitcoin.He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.The Berkshire executives didn’t say where they would put their money, but Munger was clear about where he wouldn’t invest: bitcoin.“When you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,” he said.Munger’s answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.Buffett describes his start to investing when he was 11 years oldA trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.“I went to the New York Stock Exchange, I was in awe of it,” Buffett said. “I got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.”The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his father’s office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Graham’s “The Intelligent Investor.”“I looked at this book and I saw one paragraph and it told me I’ve been doing everything wrong. I just had the whole approach wrong,” Buffett said.Buffett wants to make it clear he’s not the only one picking stocks at Berkshire HathawayWarren Buffett wants to make it clear that he’s not the only one at Berkshire Hathaway picking stocks.“I see headlines in papers just time after time after time that say, ‘Buffett’s buying such and such,’” Buffett said. “I’m not buying such and such. Berkshire Hathaway is buying.”The investor said a stock pick may have been made by other finance professionals in his organization without Buffett’s ever having heard of it.“But the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we don’t know whether it is the people that work for him, the headline is designed to bring people into the story,” Buffett said.“The easiest thing to do is basically shut up and not have a bunch of people facing consequences they didn’t ask for in the first place,” he said.Buffett says inflation ‘swindles almost everybody’When asked about his previous comments that inflation “swindles” equity investors, Buffett said the damage from rising prices was much broader than that.“Inflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,” he said.Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isn’t as simple as raising prices to maintain inflation-adjusted profits.The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.“The question is how much ... and the answer is nobody knows,” Buffett said.Buffett reiterated that the best protection against the inflation is investing in your own skills.Buffett says Berkshire now owns 9.5% of Activision BlizzardWarren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoft’sproposed acquisition of the video game company will close.In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire “had no prior knowledge”of Microsoft’s plan to buy the company when Berkshire made its initial investment.In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoft’s offer. Buying at these levels will yield a bigger return if the deal closes.Buffett said Berkshire now owns about 9.5% of Activision. “If we went over 10%, we would file a report,” he said.“If the deal goes through, we make some money, and if the deal doesn’t go through, who knows what happens,” Buffett said.“We don’t know what the Justice Department will do, we don’t know what the E.U. will do, we don’t know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,” Buffett added.Buffett: ‘I look at Berkshire as a painting’The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.“I look at Berkshire as a painting,” Buffett said. “It’s unlimited in size; it’s got an ever-expanding canvas, and I get to paint what I want.”Buffett did acknowledge that he doesn’t know much about art, but added that “other people look at paintings and they see something, then they’ll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.”“It’s in my head, and I see different things in it as I go along,” Buffett said. “It’s satisfying.”Buffett calls Jerome Powell a heroIn addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.“You print loads of money, and money is going to be worth less,” Buffett said.However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.“In my book,Jay Powellis a hero. It’s very simple. He did what he had to do,” Buffett said.Buffett says people are becoming more tribalWarren Buffett said people are becoming more tribal.“My general assumption — there’s no way to prove it — but essentially, people are now behaving somewhat more tribal than they have for a long time,” Buffett said.“It’s fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and they’re gonna give you those answers,” he continued.The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings weren’t served dessert until they “said something nasty” about Roosevelt.“I don’t think it’s a good development for society,” Buffett said.Buffett says he won’t buy bitcoin because ‘it doesn’t produce anything’Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.“Whether it goes up or down in the next year, or five or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t produce anything,” Buffett said. “It’s got a magic to it and people have attached magics to lots of things.”Buffett listed farmland, apartment buildings — and even art — as assets that had more tangible value than bitcoin.“Assets, to have value, have to deliver something to somebody. And there’s only one currency that’s accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,” he said, holding up a $20 bill. “And there’s no reason in the world why the United States government … is going to let Berkshire money replace theirs.”Berkshire’s business meeting concludes with shareholder votesBerkshire’s formal business meeting followed nearly five hours of Q&A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the company to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.One shareholder also took issue with Berkshire’s climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreement’s 1.5°C goal, requiring net zero emissions. Shareholders voted it down.The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":177058766,"gmtCreate":1627171422955,"gmtModify":1703484919105,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Perhaps there is steady growth expected as the virus does not seem to be disappearing anytime soon.&nbsp;","listText":"Perhaps there is steady growth expected as the virus does not seem to be disappearing anytime soon.&nbsp;","text":"Perhaps there is steady growth expected as the virus does not seem to be disappearing anytime soon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/177058766","repostId":"2153989989","repostType":4,"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004169864,"gmtCreate":1642543803303,"gmtModify":1676533719689,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"That was indeed a smart move 👍","listText":"That was indeed a smart move 👍","text":"That was indeed a smart move 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004169864","repostId":"1149966362","repostType":4,"repost":{"id":"1149966362","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":1642512559,"share":"https://ttm.financial/m/news/1149966362?lang=&edition=fundamental","pubTime":"2022-01-18 21:29","market":"us","language":"en","title":"Microsoft to acquire Activision Blizzard in all-cash deal valued at $68.7 bln","url":"https://stock-news.laohu8.com/highlight/detail?id=1149966362","media":"Tiger Newspress","summary":"Today, Microsoft Corp. announced plans to acquire Activision Blizzard Inc., a leader in game develop","content":"<html><head></head><body><p>Today, Microsoft Corp. announced plans to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher. This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.</p><p>Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush,” in addition to global eSports activities through Major League Gaming. The company has studios around the word with nearly 10,000 employees.</p><p>Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth. Once the deal closes, the Activision Blizzard business will report to Phil Spencer, CEO, Microsoft Gaming.</p><p>The acquisition also bolsters Microsoft’s Game Pass portfolio with plans to launch Activision Blizzard games into Game Pass, which has reached a new milestone of over 25 million subscribers. With Activision Blizzard’s nearly 400 million monthly active players in 190 countries and three billion-dollar franchises, this acquisition will make Game Pass one of the most compelling and diverse lineups of gaming content in the industry. Upon close, Microsoft will have 30 internal game development studios, along with additional publishing and esports production capabilities.</p><p>The transaction is subject to customary closing conditions and completion of regulatory review and Activision Blizzard’s shareholder approval. The deal is expected to close in fiscal year 2023 and will be accretive to non-GAAP earnings per share upon close. The transaction has been approved by the boards of directors of both Microsoft and Activision Blizzard.</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>Microsoft to acquire Activision Blizzard in all-cash deal valued at $68.7 bln</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\">\nMicrosoft to acquire Activision Blizzard in all-cash deal valued at $68.7 bln\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\">2022-01-18 21:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Today, Microsoft Corp. announced plans to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher. This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.</p><p>Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush,” in addition to global eSports activities through Major League Gaming. The company has studios around the word with nearly 10,000 employees.</p><p>Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth. Once the deal closes, the Activision Blizzard business will report to Phil Spencer, CEO, Microsoft Gaming.</p><p>The acquisition also bolsters Microsoft’s Game Pass portfolio with plans to launch Activision Blizzard games into Game Pass, which has reached a new milestone of over 25 million subscribers. With Activision Blizzard’s nearly 400 million monthly active players in 190 countries and three billion-dollar franchises, this acquisition will make Game Pass one of the most compelling and diverse lineups of gaming content in the industry. Upon close, Microsoft will have 30 internal game development studios, along with additional publishing and esports production capabilities.</p><p>The transaction is subject to customary closing conditions and completion of regulatory review and Activision Blizzard’s shareholder approval. The deal is expected to close in fiscal year 2023 and will be accretive to non-GAAP earnings per share upon close. The transaction has been approved by the boards of directors of both Microsoft and Activision Blizzard.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","ATVI":"动视暴雪"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149966362","content_text":"Today, Microsoft Corp. announced plans to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher. This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush,” in addition to global eSports activities through Major League Gaming. The company has studios around the word with nearly 10,000 employees.Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth. Once the deal closes, the Activision Blizzard business will report to Phil Spencer, CEO, Microsoft Gaming.The acquisition also bolsters Microsoft’s Game Pass portfolio with plans to launch Activision Blizzard games into Game Pass, which has reached a new milestone of over 25 million subscribers. With Activision Blizzard’s nearly 400 million monthly active players in 190 countries and three billion-dollar franchises, this acquisition will make Game Pass one of the most compelling and diverse lineups of gaming content in the industry. Upon close, Microsoft will have 30 internal game development studios, along with additional publishing and esports production capabilities.The transaction is subject to customary closing conditions and completion of regulatory review and Activision Blizzard’s shareholder approval. The deal is expected to close in fiscal year 2023 and will be accretive to non-GAAP earnings per share upon close. The transaction has been approved by the boards of directors of both Microsoft and Activision Blizzard.","news_type":1},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816757591,"gmtCreate":1630538450813,"gmtModify":1676530331246,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice article thanks for sharing&nbsp;","listText":"Nice article thanks for sharing&nbsp;","text":"Nice article thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/816757591","repostId":"2164481914","repostType":4,"repost":{"id":"2164481914","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":1630529217,"share":"https://ttm.financial/m/news/2164481914?lang=&edition=fundamental","pubTime":"2021-09-02 04:46","market":"us","language":"en","title":"Tech stocks send Nasdaq to fresh record close, boost S&P","url":"https://stock-news.laohu8.com/highlight/detail?id=2164481914","media":"Reuters","summary":"Gains for tech stocks, utilities and real estate.\nAugust private jobs growth misses expectations.\nIn","content":"<ul>\n <li>Gains for tech stocks, utilities and real estate.</li>\n <li>August private jobs growth misses expectations.</li>\n <li>Indexes: Dow falls 0.14%, S&amp;P up 0.03%, Nasdaq rises 0.33%.</li>\n</ul>\n<p>Sept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&amp;P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.</p>\n<p>Technology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.</p>\n<p>Utilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.</p>\n<p>\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.</p>\n<p>Wall Street's main indexes have hit record highs recently, with the benchmark S&amp;P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.</p>\n<p>Each new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.</p>\n<p>A report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.</p>\n<p>Another set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.</p>\n<p>\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.</p>\n<p>The Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&amp;P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.</p>\n<p>Falling 1.5% on the day, and down for the third straight session, was the energy index.</p>\n<p>Crude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established&nbsp;More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.</p>\n<p><a href=\"https://laohu8.com/S/PBF\">PBF Energy</a> Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.</p>\n<p>Volume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</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>Tech stocks send Nasdaq to fresh record close, boost S&P</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\">\nTech stocks send Nasdaq to fresh record close, boost S&P\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-02 04:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Gains for tech stocks, utilities and real estate.</li>\n <li>August private jobs growth misses expectations.</li>\n <li>Indexes: Dow falls 0.14%, S&amp;P up 0.03%, Nasdaq rises 0.33%.</li>\n</ul>\n<p>Sept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&amp;P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.</p>\n<p>Technology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.</p>\n<p>Utilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.</p>\n<p>\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.</p>\n<p>Wall Street's main indexes have hit record highs recently, with the benchmark S&amp;P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.</p>\n<p>Each new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.</p>\n<p>A report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.</p>\n<p>Another set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.</p>\n<p>\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.</p>\n<p>The Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&amp;P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.</p>\n<p>Falling 1.5% on the day, and down for the third straight session, was the energy index.</p>\n<p>Crude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established&nbsp;More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.</p>\n<p><a href=\"https://laohu8.com/S/PBF\">PBF Energy</a> Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.</p>\n<p>Volume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164481914","content_text":"Gains for tech stocks, utilities and real estate.\nAugust private jobs growth misses expectations.\nIndexes: Dow falls 0.14%, S&P up 0.03%, Nasdaq rises 0.33%.\n\nSept 1 (Reuters) - The Nasdaq closed Wednesday at a record high, and the S&P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy.\nTechnology stocks , which tend to benefit from a low-rate environment, finished higher. Apple Inc rose 0.4% to its second-highest close, and Facebook Inc , Amazon.com Inc and Google-owner Alphabet Inc all advanced between 0.2% and 0.7%.\nUtilities and real estate - sectors considered as bond-proxies or defensive - were the top performers.\n\"Given there's going to be some choppiness in the economic recovery because of COVID, people will look for where they can find the best future growth potential,\" said Chris Graff, co-chief investment officer at RMB Capital.\nWall Street's main indexes have hit record highs recently, with the benchmark S&P 500 notching seven straight monthly gains as investors shrugged off risks around a rise in new coronavirus infections and hoped for the Fed to remain dovish in its policy stance.\nEach new data release though is viewed by investors through the prism of whether it could push the Fed to taper sooner rather than later.\nA report by ADP, published ahead of the U.S. government's more comprehensive employment report on Friday, showed private employers hired far fewer workers than expected in August.\nAnother set of data on Wednesday showed U.S. manufacturing activity unexpectedly picked up in August amid strong order growth, but a measure of factory employment dropped to a nine-month low, likely as workers remained scarce.\n\"We've got the jobs report on Friday, but what's become more important is the job openings report next week and the CPI release after that, so a lot about employment and inflation in the next couple of weeks which will reset people's expectations for tapering and interest rates,\" Graff added.\nThe Dow Jones Industrial Average fell 48.2 points, or 0.14%, to 35,312.53, the S&P 500 gained 1.41 points, or 0.03%, to 4,524.09 and the Nasdaq Composite added 50.15 points, or 0.33%, to 15,309.38.\nFalling 1.5% on the day, and down for the third straight session, was the energy index.\nCrude prices were flat after OPEC and its allies agreed to stick to their existing policy of gradual output increases. However, the full extent of damage to U.S. energy infrastructure from Hurricane Ida is still being established More than 80% of oil and gas production in the Gulf of Mexico remains offline, while analysts have warned that restarting Louisiana refineries shut by the storm could take weeks and cost operators tens of millions of dollars in lost revenue.\nPBF Energy Inc , whose 190,000 barrel-per-day Chalmette, Louisiana, refinery lost power following the storm, slumped 6.8% on Wednesday, taking its losses this week to 11.2%.\nVolume on U.S. exchanges was 9.81 billion shares, compared with the 8.99 billion average for the full session over the last 20 trading days.\nThe S&P 500 posted 55 new 52-week highs and no new lows; the Nasdaq Composite recorded 131 new highs and 17 new lows.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Aditya Soni and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014146934,"gmtCreate":1649635448011,"gmtModify":1676534540553,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Interesting update, thanks for sharing 🙏","listText":"Interesting update, thanks for sharing 🙏","text":"Interesting update, thanks for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014146934","repostId":"1182059779","repostType":2,"repost":{"id":"1182059779","pubTimestamp":1649634226,"share":"https://ttm.financial/m/news/1182059779?lang=&edition=fundamental","pubTime":"2022-04-11 07:43","market":"us","language":"en","title":"Apple Sets the Date for Another Virtual WWDC—Here’s What to Expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1182059779","media":"Bloomberg","summary":"Apple is set to hold its developers conference virtually for the third year in a row. Expect major i","content":"<html><head></head><body><p>Apple is set to hold its developers conference virtually for the third year in a row. Expect major iOS and watchOS upgrades, and perhaps some new Macs. Also: Some Apple employees push back on the iPhone maker’s stringent office return policy.</p><p><b>The Starters</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e8053b0314953912665367b2c0fb7f8b\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Craig Federighi, Apple’s head of software engineering.Photographer: Daniel Acker/Bloomberg</span></p><p>Apple Inc. has set the date for its next major event: June 6. That will be the opening day of its annual Worldwide Developers Conference, or WWDC, where Apple will debut the next major software updates for its main devices.</p><p>The conference, which will run the entire week, will be Apple’s third in a row to be held virtually. While Covid-19 cases are generally down and prevention protocols have loosened in many parts of the U.S., Apple really had no choice but to continue the virtual trend.</p><p>After all, it takes a few months—if not longer—to put together an Apple event. And developing an in-person keynote and in-person sessions is a completely different ballgame than creating an online-only affair, so it would be challenging for Apple to ready both options simultaneously.</p><p>That means Apple had to make a decision, and that was to stick with online. There’s no telling what the status of Covid will be next week, next month or in June. Apple couldn’t afford to choose an in-person show and then find themselves having to cancel the conference at the last minute.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/201445ce08be95899eabf250d9056a71\" tg-width=\"1000\" tg-height=\"674\" width=\"100%\" height=\"auto\"/><span>Apple’s Steve Jobs Theater.Photographer: David Paul Morris/Bloomberg</span></p><p>One new wrinkle this year is the company will allow some students, developers and media to attend an in-person showing of the prerecorded keynote at the Apple Park campus in Cupertino, California. If the pandemic does take a turn for the worse, Apple could simply cancel that portion without any real consequence.</p><p>Now, what about the actual substance of the conference? Apple originally had big plans to use WWDC 2022 as the launch event for its long-in-the-works mixed-reality headset. But I wrote a few months ago that Apple would likely miss that date for the hardware’s debut and would instead announce the product at the end of this year or next year.</p><p>As far as I know, a full-blown introduction of the mixed-reality headset is still probably out of the question in June, but I am told that beta versions of iOS 16—codenamed Sydney—are chock-full of references to the headset and its interactions with the iPhone.</p><p>That indicates that the headset will launch during the iOS 16 cycle, which kicks off in June and will last until iOS 17 comes in the fall of 2023. But it may also suggest that Apple could preview some of its upcoming augmented and virtual reality software earlier. Perhaps we could even get a peek at the headset’s rOS, short for reality operating system.</p><p>In any case, there could be other hardware news. Apple is gearing up to launch some new Macs in the next few months. What better place to do so than WWDC? That’s the same venue where the Mac’s transition from Intel to Apple’s own chips was announced two years ago.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f38a348a9e4ca73a042822b46a40491\" tg-width=\"1000\" tg-height=\"749\" width=\"100%\" height=\"auto\"/><span>Current MacBook Air design.Photographer: Stephanie Keith/Getty Images North America</span></p><p>I’m told there are two new Macs coming around the middle of the year or early in the second half. One of those is likely to be the new MacBook Air. Other models in the works include an updated Mac mini and 24-inch iMac, as well as a low-end MacBook Pro to replace the aging 13-inch model. And let’s not forget that new Mac Pro and iMac Pro models are in development.</p><p>But let’s get back to the bigger focus of WWDC: software. Apple’s iOS 16 (Sydney), watchOS 9 (Kincaid), macOS 13 (Rome) and tvOS 16 (Paris) will obviously be the highlights of the conference.</p><p>On the iOS side, I’m looking for some fairly significant enhancements across the board, including an update to notifications and new health-tracking features.</p><p>I’m not expecting an end-to-end redesign of iOS’s interface, even though it hasn’t changed much since iOS 7 nearly a decade ago. But there might be a new iPadOS multitasking interface. The Apple Watch, meanwhile, may get major upgrades to activity and health tracking.</p><p>Of course, you can expect many more details on the software updates to trickle out over the next two months. There’s a long way to go before Tim Cook reaches the virtual WWDC stage.</p><p><b>The Bench</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/07e5a7193fa99886e79f0969dcea3fbc\" tg-width=\"1000\" tg-height=\"667\" width=\"100%\" height=\"auto\"/><span>The Apple Park campus.Photographer: Sam Hall/Bloomberg</span></p><p><b>Apple makes it easy to work from home—unless you work at Apple.</b>After about two years away, Apple employees are facing a deadline to return to the office on Monday. The company will require in-office work at least one day a week for the next three weeks, then two days a week after that. Starting at the end of May, the company expects employees to be working from the office on Mondays, Tuesdays and Thursdays.</p><p>Apple probably believes that three days in the office is a huge compromise. Some of its employees aren’t too happy about it, though, and believe they’d be far more productive continuing to work from home. They became even less happy when Apple released a 9-minute ad touting that Apple products enable remote work.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40fb796c7454531402457d713236cb4a\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Tesla CEO Elon Musk.Photographer: Odd Adersen/AFP/Getty Images</span></p><p><b>Twitter is finally set to get an edit button.</b>Just hours after Elon Musk joined the board at Twitter, the company announced it was testing a long-requested “edit button” (Twitter has said the move was in the works for some time and wasn’t prompted by Musk). For those unfamiliar with this Twitter obsession, an edit button would allow users to change a tweet’s contents without having to delete the post and send it again. Twitter long resisted the idea—in part because of the hazard of users endorsing and sharing tweets that later changed their meaning. The obvious solution is to simply mark the altered tweets as “edited” and add a history tab. Seriously, Facebook and every other social network figured this out years ago.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0ce0c2d3e043d444ed56e0bcba60bed1\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>The iPad Air.Photographer: Gabby Jones/Bloomberg</span></p><p><b>Apple’s iOS 15.5 and other software betas arrive before WWDC.</b>Ahead of iOS 16, the company released the first beta version of what may be the last update of significance to iOS 15. It also released betas of accompanying updates to macOS and watchOS. So, what’s new in iOS 15.5? Not much:</p><ul><li>New buttons for sending and requesting money on your Apple Cash Card in the Wallet app.</li><li>A Wi-Fi signal strength indicator in the Home app for paired HomePods.</li><li>iTunes Pass—a virtual card to hold funds for Apple digital and physical purchases—becomes the Apple Account Card.</li></ul><p>That’s about it—other than support for some new Macs. When should the release come? Anytime between the middle of May and early June.</p><p><b>The Schedule</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3ad27bee8155ce67cdd2983e336f005\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Tim Cook.Photographer: Simon Dawson/Bloomberg</span></p><p><b>April 12: Tim Cook talks privacy.</b>Apple’s CEO will speak at yet another privacy-focused conference, this time the Global Privacy Summit run by the International Association of Privacy Professionals (what a name). Look out for coverage of his remarks on that day, with the speech starting at 9:15 a.m. Eastern time.</p><p><b>April 28: Apple earnings.</b>The company will give the lowdown on its fiscal second quarter, which concluded at the end of last month. During the period, Apple launched an updated iPhone SE, the Mac Studio and a new display. Analysts are looking for about $94 billion in revenue, up 5% from a year earlier, in what could be Apple’s biggest non-holiday quarter of the year.</p><p><b>June 6-10: WWDC 2022.</b>Apple’s developer conference will take place across the entire week—virtually. However, the big news will be on Monday when the company holds its annual keynote address to announce its latest software and other products. Later that day, Apple will hold a developer-focused keynote known as the State of the Union.</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>Apple Sets the Date for Another Virtual WWDC—Here’s What to Expect</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 Sets the Date for Another Virtual WWDC—Here’s What to Expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-11 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2022-04-10/what-s-coming-at-apple-aapl-wwdc-2022-ios-16-macos-13-tvos-16-watchos-9-l1tc8m3s?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is set to hold its developers conference virtually for the third year in a row. Expect major iOS and watchOS upgrades, and perhaps some new Macs. Also: Some Apple employees push back on the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2022-04-10/what-s-coming-at-apple-aapl-wwdc-2022-ios-16-macos-13-tvos-16-watchos-9-l1tc8m3s?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/newsletters/2022-04-10/what-s-coming-at-apple-aapl-wwdc-2022-ios-16-macos-13-tvos-16-watchos-9-l1tc8m3s?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182059779","content_text":"Apple is set to hold its developers conference virtually for the third year in a row. Expect major iOS and watchOS upgrades, and perhaps some new Macs. Also: Some Apple employees push back on the iPhone maker’s stringent office return policy.The StartersCraig Federighi, Apple’s head of software engineering.Photographer: Daniel Acker/BloombergApple Inc. has set the date for its next major event: June 6. That will be the opening day of its annual Worldwide Developers Conference, or WWDC, where Apple will debut the next major software updates for its main devices.The conference, which will run the entire week, will be Apple’s third in a row to be held virtually. While Covid-19 cases are generally down and prevention protocols have loosened in many parts of the U.S., Apple really had no choice but to continue the virtual trend.After all, it takes a few months—if not longer—to put together an Apple event. And developing an in-person keynote and in-person sessions is a completely different ballgame than creating an online-only affair, so it would be challenging for Apple to ready both options simultaneously.That means Apple had to make a decision, and that was to stick with online. There’s no telling what the status of Covid will be next week, next month or in June. Apple couldn’t afford to choose an in-person show and then find themselves having to cancel the conference at the last minute.Apple’s Steve Jobs Theater.Photographer: David Paul Morris/BloombergOne new wrinkle this year is the company will allow some students, developers and media to attend an in-person showing of the prerecorded keynote at the Apple Park campus in Cupertino, California. If the pandemic does take a turn for the worse, Apple could simply cancel that portion without any real consequence.Now, what about the actual substance of the conference? Apple originally had big plans to use WWDC 2022 as the launch event for its long-in-the-works mixed-reality headset. But I wrote a few months ago that Apple would likely miss that date for the hardware’s debut and would instead announce the product at the end of this year or next year.As far as I know, a full-blown introduction of the mixed-reality headset is still probably out of the question in June, but I am told that beta versions of iOS 16—codenamed Sydney—are chock-full of references to the headset and its interactions with the iPhone.That indicates that the headset will launch during the iOS 16 cycle, which kicks off in June and will last until iOS 17 comes in the fall of 2023. But it may also suggest that Apple could preview some of its upcoming augmented and virtual reality software earlier. Perhaps we could even get a peek at the headset’s rOS, short for reality operating system.In any case, there could be other hardware news. Apple is gearing up to launch some new Macs in the next few months. What better place to do so than WWDC? That’s the same venue where the Mac’s transition from Intel to Apple’s own chips was announced two years ago.Current MacBook Air design.Photographer: Stephanie Keith/Getty Images North AmericaI’m told there are two new Macs coming around the middle of the year or early in the second half. One of those is likely to be the new MacBook Air. Other models in the works include an updated Mac mini and 24-inch iMac, as well as a low-end MacBook Pro to replace the aging 13-inch model. And let’s not forget that new Mac Pro and iMac Pro models are in development.But let’s get back to the bigger focus of WWDC: software. Apple’s iOS 16 (Sydney), watchOS 9 (Kincaid), macOS 13 (Rome) and tvOS 16 (Paris) will obviously be the highlights of the conference.On the iOS side, I’m looking for some fairly significant enhancements across the board, including an update to notifications and new health-tracking features.I’m not expecting an end-to-end redesign of iOS’s interface, even though it hasn’t changed much since iOS 7 nearly a decade ago. But there might be a new iPadOS multitasking interface. The Apple Watch, meanwhile, may get major upgrades to activity and health tracking.Of course, you can expect many more details on the software updates to trickle out over the next two months. There’s a long way to go before Tim Cook reaches the virtual WWDC stage.The BenchThe Apple Park campus.Photographer: Sam Hall/BloombergApple makes it easy to work from home—unless you work at Apple.After about two years away, Apple employees are facing a deadline to return to the office on Monday. The company will require in-office work at least one day a week for the next three weeks, then two days a week after that. Starting at the end of May, the company expects employees to be working from the office on Mondays, Tuesdays and Thursdays.Apple probably believes that three days in the office is a huge compromise. Some of its employees aren’t too happy about it, though, and believe they’d be far more productive continuing to work from home. They became even less happy when Apple released a 9-minute ad touting that Apple products enable remote work.Tesla CEO Elon Musk.Photographer: Odd Adersen/AFP/Getty ImagesTwitter is finally set to get an edit button.Just hours after Elon Musk joined the board at Twitter, the company announced it was testing a long-requested “edit button” (Twitter has said the move was in the works for some time and wasn’t prompted by Musk). For those unfamiliar with this Twitter obsession, an edit button would allow users to change a tweet’s contents without having to delete the post and send it again. Twitter long resisted the idea—in part because of the hazard of users endorsing and sharing tweets that later changed their meaning. The obvious solution is to simply mark the altered tweets as “edited” and add a history tab. Seriously, Facebook and every other social network figured this out years ago.The iPad Air.Photographer: Gabby Jones/BloombergApple’s iOS 15.5 and other software betas arrive before WWDC.Ahead of iOS 16, the company released the first beta version of what may be the last update of significance to iOS 15. It also released betas of accompanying updates to macOS and watchOS. So, what’s new in iOS 15.5? Not much:New buttons for sending and requesting money on your Apple Cash Card in the Wallet app.A Wi-Fi signal strength indicator in the Home app for paired HomePods.iTunes Pass—a virtual card to hold funds for Apple digital and physical purchases—becomes the Apple Account Card.That’s about it—other than support for some new Macs. When should the release come? Anytime between the middle of May and early June.The ScheduleTim Cook.Photographer: Simon Dawson/BloombergApril 12: Tim Cook talks privacy.Apple’s CEO will speak at yet another privacy-focused conference, this time the Global Privacy Summit run by the International Association of Privacy Professionals (what a name). Look out for coverage of his remarks on that day, with the speech starting at 9:15 a.m. Eastern time.April 28: Apple earnings.The company will give the lowdown on its fiscal second quarter, which concluded at the end of last month. During the period, Apple launched an updated iPhone SE, the Mac Studio and a new display. Analysts are looking for about $94 billion in revenue, up 5% from a year earlier, in what could be Apple’s biggest non-holiday quarter of the year.June 6-10: WWDC 2022.Apple’s developer conference will take place across the entire week—virtually. However, the big news will be on Monday when the company holds its annual keynote address to announce its latest software and other products. Later that day, Apple will hold a developer-focused keynote known as the State of the Union.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010927344,"gmtCreate":1648249573752,"gmtModify":1676534320638,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Good news slowly dripping in but for how long .... !&nbsp;","listText":"Good news slowly dripping in but for how long .... !&nbsp;","text":"Good news slowly dripping in but for how long .... !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010927344","repostId":"2222052834","repostType":2,"repost":{"id":"2222052834","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":1648249343,"share":"https://ttm.financial/m/news/2222052834?lang=&edition=fundamental","pubTime":"2022-03-26 07:02","market":"us","language":"en","title":"US STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump","url":"https://stock-news.laohu8.com/highlight/detail?id=2222052834","media":"Reuters","summary":"* Financials rise with 10-yr yield* Tech shares down, weighing on Nasdaq* Utilities sector hits reco","content":"<html><head></head><body><p>* Financials rise with 10-yr yield</p><p>* Tech shares down, weighing on Nasdaq</p><p>* Utilities sector hits record high</p><p>* Indexes: Dow up 0.4%, S&amp;P 500 up 0.5%, Nasdaq down 0.2%</p><p>* For the week, Dow up 0.3%, S&amp;P 500 up 1.8%, Nasdaq up 2%</p><p>NEW YORK, March 25 (Reuters) - The S&amp;P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.</p><p>The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.</p><p>For the week, the Nasdaq and S&amp;P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.</p><p>The S&amp;P 500 financials sector gave the S&amp;P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.</p><p>Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move &#34;expeditiously&#34; to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.</p><p>U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.</p><p>Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.</p><p>The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.</p><p>That is causing bank stocks to outperform, while &#34;adding more pressure to the riskier elements of the market,&#34; such as growth shares, he said.</p><p>Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.</p><p>The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&amp;P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.</p><p>Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.</p><p>The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.</p><p>The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.</p><p>Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.</p><p>Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.</p><p>The U.S. central bank last week raised interest rates for the first time since 2018.</p><p>&#34;The market&#39;s really macro driven,&#34; said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. &#34;Company fundamentals haven&#39;t really mattered.&#34;</p><p>Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 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-S&P 500 Ends Higher with Financials as Treasury Yields Jump</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-S&P 500 Ends Higher with Financials as Treasury Yields Jump\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\">2022-03-26 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Financials rise with 10-yr yield</p><p>* Tech shares down, weighing on Nasdaq</p><p>* Utilities sector hits record high</p><p>* Indexes: Dow up 0.4%, S&amp;P 500 up 0.5%, Nasdaq down 0.2%</p><p>* For the week, Dow up 0.3%, S&amp;P 500 up 1.8%, Nasdaq up 2%</p><p>NEW YORK, March 25 (Reuters) - The S&amp;P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.</p><p>The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.</p><p>For the week, the Nasdaq and S&amp;P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.</p><p>The S&amp;P 500 financials sector gave the S&amp;P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.</p><p>Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move &#34;expeditiously&#34; to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.</p><p>U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.</p><p>Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.</p><p>The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.</p><p>That is causing bank stocks to outperform, while &#34;adding more pressure to the riskier elements of the market,&#34; such as growth shares, he said.</p><p>Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.</p><p>The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&amp;P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.</p><p>Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.</p><p>The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.</p><p>The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.</p><p>Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.</p><p>Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.</p><p>The U.S. central bank last week raised interest rates for the first time since 2018.</p><p>&#34;The market&#39;s really macro driven,&#34; said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. &#34;Company fundamentals haven&#39;t really mattered.&#34;</p><p>Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.</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","BK4581":"高盛持仓","BK4504":"桥水持仓","SDS":"两倍做空标普500ETF","OEX":"标普100","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","BK4534":"瑞士信贷持仓","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222052834","content_text":"* Financials rise with 10-yr yield* Tech shares down, weighing on Nasdaq* Utilities sector hits record high* Indexes: Dow up 0.4%, S&P 500 up 0.5%, Nasdaq down 0.2%* For the week, Dow up 0.3%, S&P 500 up 1.8%, Nasdaq up 2%NEW YORK, March 25 (Reuters) - The S&P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.For the week, the Nasdaq and S&P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.The S&P 500 financials sector gave the S&P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move \"expeditiously\" to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.That is causing bank stocks to outperform, while \"adding more pressure to the riskier elements of the market,\" such as growth shares, he said.Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.The U.S. central bank last week raised interest rates for the first time since 2018.\"The market's really macro driven,\" said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. \"Company fundamentals haven't really mattered.\"Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.The S&P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094126031,"gmtCreate":1645090239111,"gmtModify":1676533995948,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice article thanks 🙏&nbsp;","listText":"Nice article thanks 🙏&nbsp;","text":"Nice article thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094126031","repostId":"1188725502","repostType":4,"repost":{"id":"1188725502","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":1645089734,"share":"https://ttm.financial/m/news/1188725502?lang=&edition=fundamental","pubTime":"2022-02-17 17:22","market":"us","language":"en","title":"Cisco Shares Rose Nearly 3% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1188725502","media":"Tiger Newspress","summary":"Cisco shares rose nearly 3% in premarket trading.Cisco Systems Inc on Wednesday raised its full-year","content":"<html><head></head><body><p>Cisco shares rose nearly 3% in premarket trading.<img src=\"https://static.tigerbbs.com/60f22499c0c3f463b1b17c76af137db3\" tg-width=\"720\" tg-height=\"621\" width=\"100%\" height=\"auto\"/>Cisco Systems Inc on Wednesday raised its full-year earnings forecast, expecting to benefit from higher prices driven by global chip shortages and an eventual decline in logistics costs as shipment delays abate. The company announced a $15 billion increase to its stock repurchase program and reported better-than-expected quarterly results.</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>Cisco Shares Rose Nearly 3% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCisco Shares Rose Nearly 3% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-17 17:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Cisco shares rose nearly 3% in premarket trading.<img src=\"https://static.tigerbbs.com/60f22499c0c3f463b1b17c76af137db3\" tg-width=\"720\" tg-height=\"621\" width=\"100%\" height=\"auto\"/>Cisco Systems Inc on Wednesday raised its full-year earnings forecast, expecting to benefit from higher prices driven by global chip shortages and an eventual decline in logistics costs as shipment delays abate. The company announced a $15 billion increase to its stock repurchase program and reported better-than-expected quarterly results.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CSCO":"思科"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188725502","content_text":"Cisco shares rose nearly 3% in premarket trading.Cisco Systems Inc on Wednesday raised its full-year earnings forecast, expecting to benefit from higher prices driven by global chip shortages and an eventual decline in logistics costs as shipment delays abate. The company announced a $15 billion increase to its stock repurchase program and reported better-than-expected quarterly results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809458149,"gmtCreate":1627389280481,"gmtModify":1703488936264,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Good article, the views are very insightful&nbsp;","listText":"Good article, the views are very insightful&nbsp;","text":"Good article, the views are very insightful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/809458149","repostId":"1154449552","repostType":4,"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069722611,"gmtCreate":1651366259365,"gmtModify":1676534894720,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Very insightful thanks 🙏","listText":"Very insightful thanks 🙏","text":"Very insightful thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069722611","repostId":"1102313596","repostType":2,"repost":{"id":"1102313596","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":1651364553,"share":"https://ttm.financial/m/news/1102313596?lang=&edition=fundamental","pubTime":"2022-05-01 08:22","market":"us","language":"en","title":"Full Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday","url":"https://stock-news.laohu8.com/highlight/detail?id=1102313596","media":"Tiger Newspress","summary":"Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron","content":"<html><head></head><body><p>Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.</p><p>Speaking at Berkshire Hathaway’s first in-person annual meeting since 2019, Buffett went so far as to say the market’s turned into a “gambling parlor.”</p><p>The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation “swindles” equity investors, but noted Saturday that it “swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.”</p><p>Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.</p><p>Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoft’s proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader market’s downturn.</p><p>Buffett also stressed the importance of cash as “new forms of money” like bitcoin pop up.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill. “That’s what money is.”</p><p>Check out full recap below for more from the two investing legends.</p><h3><b>Berkshire bought more than $51 billion of stocks during Q1′s market rout</b></h3><p>Berkshire bought more than $51 billion worth of stocks during the first quarter’s market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.</p><p>The S&amp;P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.</p><h3><b>Buffett says Berkshire is “better than the banks”</b></h3><p>Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.</p><p>Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.</p><p>“Was that a banker screaming?” Buffett joked.</p><h3><b>Buffett warns shareholders about “new forms of money” and the importance of cash</b></h3><p>Warren Buffett warned shareholders about “new forms of money” as he recalled the financial crisis of 2008 and said Berkshire Hathaway will “always have a lot of cash on hand.”</p><p>Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin “rat poison” in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill.</p><p>“That’s what money is,” he added. “It may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that they’re reaching [for] new forms of money, this is the only thing that will pay bills.”</p><h3><b>Berkshire put money to work after finding ‘little exciting’ in the market</b></h3><p>In his annual chairman letter to shareholders in February, Warren Buffett said there is “little that excites us” in the market. But soon after, he put Berkshire’s money to work.</p><p>Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshire’s first-quarter filing revealed the company significantly increased its bet on Chevron.</p><p>“We found some things we prefer to owning Treasury bills,” quipped Berkshire vice chairman and Buffett’s right-hand man Charlie Munger.</p><h3><b>Buffett on his massive Occidental investment</b></h3><p>Buffett scooped up 14% of oil giant <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>, worth more than $7 billion, in two weeks during March.</p><p>He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.</p><p>“That’s not investment. You’re not buying from [investors]. I find it just incredible. You couldn’t do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,” Buffett said.</p><p>“That enabled us, in a two-week period, to buy 14% of a business that’s been around for decades,” Buffett said. “Imagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and we’ve seen a lot.”</p><p>The legendary investor said that the short-term volatility earlier this year fueled by “gambling mentality” allowed him to find good long-term opportunities.</p><h3><b>Executives of Berkshire’s portfolio companies discuss impact of inflation</b></h3><p>Ahead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.</p><p>One of those executives was Jim Weber, CEO of Brooks Running.</p><p>Weber said it was tough to raise prices for Brooks’ products but that he thinks some of the cost pressures could cool soon.</p><p>“We don’t have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. It’s a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,” Weber said.</p><h3><b>Buffett wants Berkshire to be in a ‘position to operate’ should the economy stop</b></h3><p>Buffett said he wants Berkshire Hathaway to be in a “position to operate” should the economy stop.</p><p>“We want Berkshire Hathaway to be there and in a position to operate if the economy stops,” Buffett said. “And that can always happen, it can always happen.”</p><p>Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.</p><p>The billionaire investor made those remarks while also praising the Federal Reserve’s role during the 2008 financial crisis and the pandemic.</p><p>“The Federal Reserve has not gone,” Buffett said. He added the Fed will “do whatever is necessary. ... That’s what happened in 2008 and 2009, and that’s what happened in 2020, and you’ll hope it happens again next time.”</p><h3><b>Buffett says he has &#34;so much trouble&#34; finding businesses to invest in</b></h3><p>Warren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.</p><p>“We have so much trouble finding good ideas that we can’t afford to ignore any,” Buffett said. “But they do have to be sizable.”</p><p>Buffett said while he does seek out new investments, he prefers to be approached proactively.</p><p>“We’ll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,” Buffett said.</p><h3><b>Munger says today’s stock market &#34;almost a mania of speculation&#34;</b></h3><p>Munger said today’s stock market has become “almost a mania of speculation.”</p><p>His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.</p><p>“We have computers with algorithms trading against other computers,” Munger said. “We’ve got people who know nothing about stocks, being advised by stockbrokers who know even less.</p><p>“I understand the commission though,” Buffett joked.</p><p>After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.</p><p>“People and traders’ poker chips are pulling the handle,” he said. “They’ve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobody’s going around selling calls on farms. That’s why markets do crazy things. Occasionally Berkshire gets a chance to do something. It’s not because we’re smarter. … we’re sane, and that’s the main requirement in this business.”</p><h3><b>Munger blasts calls for separate Berkshire chairman and CEO</b></h3><p>Berkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.</p><p>“It’s the most ridiculous criticism I ever heard,” Munger said.</p><p>“It’s like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, ‘I don’t like the way you were holding your spear when you won that battle,’” he added, referencing ancient Greek epic “The Odyssey.”</p><p>The California Public Employees’ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposal’s aim stems from concerns about corporate governance with one person holding dual roles.</p><p>“Some guy that’s never run any business, doesn’t know anything — I don’t think too much of this activity,” Munger said.</p><h3><b>Berkshire’s head of insurance explains how Geico has fallen behind rival Progressive</b></h3><p>Berkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerate’s insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.</p><p>“Each one have their plusses and minuses, but having said that, there’s no question that recently Progressive has done a much better job than Geico … both in terms of margins and in terms of growth,” Jain said.</p><p>“There are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned … is telematics,” he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.</p><p>“Progressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasn’t involved in telematics,” Jain said. “It’s a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.”</p><p>Jain’s comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.</p><h3><b>Buffett says he has never been &#34;good at timing&#34;</b></h3><p>Warren Buffett said he has never figured out how to time the markets.</p><p>“We haven’t the faintest idea what the stock market was gonna do when it opens on Monday,” Buffett said in response to an audience question.</p><p>“I don’t think we’ve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economy’s going to do. We don’t know,” he continued.</p><p>The Oracle of Omaha said he often gets misplaced credit for the stock winners he’s picked over the years, pointing out he’s also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.</p><p>Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.</p><p>“We have not been good at timing,” Buffett said. “We’ve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.”</p><h3><b>Munger says &#34;just say no&#34; to putting bitcoin in your retirement account</b></h3><p>Charlie Munger is still down on bitcoin.</p><p>He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.</p><p>The Berkshire executives didn’t say where they would put their money, but Munger was clear about where he wouldn’t invest: bitcoin.</p><p>“When you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,” he said.</p><p>Munger’s answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.</p><p>Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.</p><h3><b>Buffett describes his start to investing when he was 11 years old</b></h3><p>A trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.</p><p>“I went to the New York Stock Exchange, I was in awe of it,” Buffett said. “I got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.”</p><p>The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his father’s office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Graham’s “The Intelligent Investor.”</p><p>“I looked at this book and I saw one paragraph and it told me I’ve been doing everything wrong. I just had the whole approach wrong,” Buffett said.</p><h3><b>Buffett wants to make it clear he’s not the only one picking stocks at Berkshire Hathaway</b></h3><p>Warren Buffett wants to make it clear that he’s not the only one at Berkshire Hathaway picking stocks.</p><p>“I see headlines in papers just time after time after time that say, ‘Buffett’s buying such and such,’” Buffett said. “I’m not buying such and such. Berkshire Hathaway is buying.”</p><p>The investor said a stock pick may have been made by other finance professionals in his organization without Buffett’s ever having heard of it.</p><p>“But the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we don’t know whether it is the people that work for him, the headline is designed to bring people into the story,” Buffett said.</p><p>“The easiest thing to do is basically shut up and not have a bunch of people facing consequences they didn’t ask for in the first place,” he said.</p><h3><b>Buffett says inflation ‘swindles almost everybody’</b></h3><p>When asked about his previous comments that inflation “swindles” equity investors, Buffett said the damage from rising prices was much broader than that.</p><p>“Inflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,” he said.</p><p>Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isn’t as simple as raising prices to maintain inflation-adjusted profits.</p><p>The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.</p><p>“The question is how much ... and the answer is nobody knows,” Buffett said.</p><p>Buffett reiterated that the best protection against the inflation is investing in your own skills.</p><h3><b>Buffett says Berkshire now owns 9.5% of Activision Blizzard</b></h3><p>Warren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoft’sproposed acquisition of the video game company will close.</p><p>In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire “had no prior knowledge”of Microsoft’s plan to buy the company when Berkshire made its initial investment.</p><p>In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.</p><p>Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoft’s offer. Buying at these levels will yield a bigger return if the deal closes.</p><p>Buffett said Berkshire now owns about 9.5% of Activision. “If we went over 10%, we would file a report,” he said.</p><p>“If the deal goes through, we make some money, and if the deal doesn’t go through, who knows what happens,” Buffett said.</p><p>“We don’t know what the Justice Department will do, we don’t know what the E.U. will do, we don’t know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,” Buffett added.</p><h3><b>Buffett: ‘I look at Berkshire as a painting’</b></h3><p>The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.</p><p>“I look at Berkshire as a painting,” Buffett said. “It’s unlimited in size; it’s got an ever-expanding canvas, and I get to paint what I want.”</p><p>Buffett did acknowledge that he doesn’t know much about art, but added that “other people look at paintings and they see something, then they’ll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.”</p><p>“It’s in my head, and I see different things in it as I go along,” Buffett said. “It’s satisfying.”</p><h3><b>Buffett calls Jerome Powell a hero</b></h3><p>In addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.</p><p>“You print loads of money, and money is going to be worth less,” Buffett said.</p><p>However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.</p><p>“In my book,Jay Powellis a hero. It’s very simple. He did what he had to do,” Buffett said.</p><h3><b>Buffett says people are becoming more tribal</b></h3><p>Warren Buffett said people are becoming more tribal.</p><p>“My general assumption — there’s no way to prove it — but essentially, people are now behaving somewhat more tribal than they have for a long time,” Buffett said.</p><p>“It’s fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and they’re gonna give you those answers,” he continued.</p><p>The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings weren’t served dessert until they “said something nasty” about Roosevelt.</p><p>“I don’t think it’s a good development for society,” Buffett said.</p><h3><b>Buffett says he won’t buy bitcoin because ‘it doesn’t produce anything’</b></h3><p>Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.</p><p>“Whether it goes up or down in the next year, or five or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t produce anything,” Buffett said. “It’s got a magic to it and people have attached magics to lots of things.”</p><p>Buffett listed farmland, apartment buildings — and even art — as assets that had more tangible value than bitcoin.</p><p>“Assets, to have value, have to deliver something to somebody. And there’s only one currency that’s accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,” he said, holding up a $20 bill. “And there’s no reason in the world why the United States government … is going to let Berkshire money replace theirs.”</p><h3><b>Berkshire’s business meeting concludes with shareholder votes</b></h3><p>Berkshire’s formal business meeting followed nearly five hours of Q&amp;A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.</p><p>The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the company to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.</p><p>Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.</p><p>One shareholder also took issue with Berkshire’s climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreement’s 1.5°C goal, requiring net zero emissions. Shareholders voted it down.</p><p>The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.</p><p></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>Full Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday</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\">\nFull Recap of Berkshire Hathaway’s Annual Shareholders Meeting Saturday\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\">2022-05-01 08:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.</p><p>Speaking at Berkshire Hathaway’s first in-person annual meeting since 2019, Buffett went so far as to say the market’s turned into a “gambling parlor.”</p><p>The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation “swindles” equity investors, but noted Saturday that it “swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.”</p><p>Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.</p><p>Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoft’s proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader market’s downturn.</p><p>Buffett also stressed the importance of cash as “new forms of money” like bitcoin pop up.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill. “That’s what money is.”</p><p>Check out full recap below for more from the two investing legends.</p><h3><b>Berkshire bought more than $51 billion of stocks during Q1′s market rout</b></h3><p>Berkshire bought more than $51 billion worth of stocks during the first quarter’s market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.</p><p>The S&amp;P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.</p><h3><b>Buffett says Berkshire is “better than the banks”</b></h3><p>Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.</p><p>Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.</p><p>“Was that a banker screaming?” Buffett joked.</p><h3><b>Buffett warns shareholders about “new forms of money” and the importance of cash</b></h3><p>Warren Buffett warned shareholders about “new forms of money” as he recalled the financial crisis of 2008 and said Berkshire Hathaway will “always have a lot of cash on hand.”</p><p>Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin “rat poison” in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.</p><p>“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill.</p><p>“That’s what money is,” he added. “It may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that they’re reaching [for] new forms of money, this is the only thing that will pay bills.”</p><h3><b>Berkshire put money to work after finding ‘little exciting’ in the market</b></h3><p>In his annual chairman letter to shareholders in February, Warren Buffett said there is “little that excites us” in the market. But soon after, he put Berkshire’s money to work.</p><p>Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshire’s first-quarter filing revealed the company significantly increased its bet on Chevron.</p><p>“We found some things we prefer to owning Treasury bills,” quipped Berkshire vice chairman and Buffett’s right-hand man Charlie Munger.</p><h3><b>Buffett on his massive Occidental investment</b></h3><p>Buffett scooped up 14% of oil giant <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a>, worth more than $7 billion, in two weeks during March.</p><p>He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.</p><p>“That’s not investment. You’re not buying from [investors]. I find it just incredible. You couldn’t do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,” Buffett said.</p><p>“That enabled us, in a two-week period, to buy 14% of a business that’s been around for decades,” Buffett said. “Imagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and we’ve seen a lot.”</p><p>The legendary investor said that the short-term volatility earlier this year fueled by “gambling mentality” allowed him to find good long-term opportunities.</p><h3><b>Executives of Berkshire’s portfolio companies discuss impact of inflation</b></h3><p>Ahead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.</p><p>One of those executives was Jim Weber, CEO of Brooks Running.</p><p>Weber said it was tough to raise prices for Brooks’ products but that he thinks some of the cost pressures could cool soon.</p><p>“We don’t have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. It’s a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,” Weber said.</p><h3><b>Buffett wants Berkshire to be in a ‘position to operate’ should the economy stop</b></h3><p>Buffett said he wants Berkshire Hathaway to be in a “position to operate” should the economy stop.</p><p>“We want Berkshire Hathaway to be there and in a position to operate if the economy stops,” Buffett said. “And that can always happen, it can always happen.”</p><p>Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.</p><p>The billionaire investor made those remarks while also praising the Federal Reserve’s role during the 2008 financial crisis and the pandemic.</p><p>“The Federal Reserve has not gone,” Buffett said. He added the Fed will “do whatever is necessary. ... That’s what happened in 2008 and 2009, and that’s what happened in 2020, and you’ll hope it happens again next time.”</p><h3><b>Buffett says he has &#34;so much trouble&#34; finding businesses to invest in</b></h3><p>Warren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.</p><p>“We have so much trouble finding good ideas that we can’t afford to ignore any,” Buffett said. “But they do have to be sizable.”</p><p>Buffett said while he does seek out new investments, he prefers to be approached proactively.</p><p>“We’ll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,” Buffett said.</p><h3><b>Munger says today’s stock market &#34;almost a mania of speculation&#34;</b></h3><p>Munger said today’s stock market has become “almost a mania of speculation.”</p><p>His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.</p><p>“We have computers with algorithms trading against other computers,” Munger said. “We’ve got people who know nothing about stocks, being advised by stockbrokers who know even less.</p><p>“I understand the commission though,” Buffett joked.</p><p>After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.</p><p>“People and traders’ poker chips are pulling the handle,” he said. “They’ve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobody’s going around selling calls on farms. That’s why markets do crazy things. Occasionally Berkshire gets a chance to do something. It’s not because we’re smarter. … we’re sane, and that’s the main requirement in this business.”</p><h3><b>Munger blasts calls for separate Berkshire chairman and CEO</b></h3><p>Berkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.</p><p>“It’s the most ridiculous criticism I ever heard,” Munger said.</p><p>“It’s like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, ‘I don’t like the way you were holding your spear when you won that battle,’” he added, referencing ancient Greek epic “The Odyssey.”</p><p>The California Public Employees’ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposal’s aim stems from concerns about corporate governance with one person holding dual roles.</p><p>“Some guy that’s never run any business, doesn’t know anything — I don’t think too much of this activity,” Munger said.</p><h3><b>Berkshire’s head of insurance explains how Geico has fallen behind rival Progressive</b></h3><p>Berkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerate’s insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.</p><p>“Each one have their plusses and minuses, but having said that, there’s no question that recently Progressive has done a much better job than Geico … both in terms of margins and in terms of growth,” Jain said.</p><p>“There are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned … is telematics,” he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.</p><p>“Progressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasn’t involved in telematics,” Jain said. “It’s a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.”</p><p>Jain’s comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.</p><h3><b>Buffett says he has never been &#34;good at timing&#34;</b></h3><p>Warren Buffett said he has never figured out how to time the markets.</p><p>“We haven’t the faintest idea what the stock market was gonna do when it opens on Monday,” Buffett said in response to an audience question.</p><p>“I don’t think we’ve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economy’s going to do. We don’t know,” he continued.</p><p>The Oracle of Omaha said he often gets misplaced credit for the stock winners he’s picked over the years, pointing out he’s also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.</p><p>Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.</p><p>“We have not been good at timing,” Buffett said. “We’ve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.”</p><h3><b>Munger says &#34;just say no&#34; to putting bitcoin in your retirement account</b></h3><p>Charlie Munger is still down on bitcoin.</p><p>He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.</p><p>The Berkshire executives didn’t say where they would put their money, but Munger was clear about where he wouldn’t invest: bitcoin.</p><p>“When you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,” he said.</p><p>Munger’s answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.</p><p>Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.</p><h3><b>Buffett describes his start to investing when he was 11 years old</b></h3><p>A trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.</p><p>“I went to the New York Stock Exchange, I was in awe of it,” Buffett said. “I got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.”</p><p>The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his father’s office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Graham’s “The Intelligent Investor.”</p><p>“I looked at this book and I saw one paragraph and it told me I’ve been doing everything wrong. I just had the whole approach wrong,” Buffett said.</p><h3><b>Buffett wants to make it clear he’s not the only one picking stocks at Berkshire Hathaway</b></h3><p>Warren Buffett wants to make it clear that he’s not the only one at Berkshire Hathaway picking stocks.</p><p>“I see headlines in papers just time after time after time that say, ‘Buffett’s buying such and such,’” Buffett said. “I’m not buying such and such. Berkshire Hathaway is buying.”</p><p>The investor said a stock pick may have been made by other finance professionals in his organization without Buffett’s ever having heard of it.</p><p>“But the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we don’t know whether it is the people that work for him, the headline is designed to bring people into the story,” Buffett said.</p><p>“The easiest thing to do is basically shut up and not have a bunch of people facing consequences they didn’t ask for in the first place,” he said.</p><h3><b>Buffett says inflation ‘swindles almost everybody’</b></h3><p>When asked about his previous comments that inflation “swindles” equity investors, Buffett said the damage from rising prices was much broader than that.</p><p>“Inflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,” he said.</p><p>Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isn’t as simple as raising prices to maintain inflation-adjusted profits.</p><p>The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.</p><p>“The question is how much ... and the answer is nobody knows,” Buffett said.</p><p>Buffett reiterated that the best protection against the inflation is investing in your own skills.</p><h3><b>Buffett says Berkshire now owns 9.5% of Activision Blizzard</b></h3><p>Warren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoft’sproposed acquisition of the video game company will close.</p><p>In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire “had no prior knowledge”of Microsoft’s plan to buy the company when Berkshire made its initial investment.</p><p>In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.</p><p>Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoft’s offer. Buying at these levels will yield a bigger return if the deal closes.</p><p>Buffett said Berkshire now owns about 9.5% of Activision. “If we went over 10%, we would file a report,” he said.</p><p>“If the deal goes through, we make some money, and if the deal doesn’t go through, who knows what happens,” Buffett said.</p><p>“We don’t know what the Justice Department will do, we don’t know what the E.U. will do, we don’t know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,” Buffett added.</p><h3><b>Buffett: ‘I look at Berkshire as a painting’</b></h3><p>The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.</p><p>“I look at Berkshire as a painting,” Buffett said. “It’s unlimited in size; it’s got an ever-expanding canvas, and I get to paint what I want.”</p><p>Buffett did acknowledge that he doesn’t know much about art, but added that “other people look at paintings and they see something, then they’ll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.”</p><p>“It’s in my head, and I see different things in it as I go along,” Buffett said. “It’s satisfying.”</p><h3><b>Buffett calls Jerome Powell a hero</b></h3><p>In addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.</p><p>“You print loads of money, and money is going to be worth less,” Buffett said.</p><p>However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.</p><p>“In my book,Jay Powellis a hero. It’s very simple. He did what he had to do,” Buffett said.</p><h3><b>Buffett says people are becoming more tribal</b></h3><p>Warren Buffett said people are becoming more tribal.</p><p>“My general assumption — there’s no way to prove it — but essentially, people are now behaving somewhat more tribal than they have for a long time,” Buffett said.</p><p>“It’s fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and they’re gonna give you those answers,” he continued.</p><p>The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings weren’t served dessert until they “said something nasty” about Roosevelt.</p><p>“I don’t think it’s a good development for society,” Buffett said.</p><h3><b>Buffett says he won’t buy bitcoin because ‘it doesn’t produce anything’</b></h3><p>Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.</p><p>“Whether it goes up or down in the next year, or five or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t produce anything,” Buffett said. “It’s got a magic to it and people have attached magics to lots of things.”</p><p>Buffett listed farmland, apartment buildings — and even art — as assets that had more tangible value than bitcoin.</p><p>“Assets, to have value, have to deliver something to somebody. And there’s only one currency that’s accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,” he said, holding up a $20 bill. “And there’s no reason in the world why the United States government … is going to let Berkshire money replace theirs.”</p><h3><b>Berkshire’s business meeting concludes with shareholder votes</b></h3><p>Berkshire’s formal business meeting followed nearly five hours of Q&amp;A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.</p><p>The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the company to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.</p><p>Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.</p><p>One shareholder also took issue with Berkshire’s climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreement’s 1.5°C goal, requiring net zero emissions. Shareholders voted it down.</p><p>The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102313596","content_text":"Berkshire Hathaway Chairman Warren Buffett on Saturday put fresh money behind Activision and Chevron and doled out sharp criticism against speculation in the market.Speaking at Berkshire Hathaway’s first in-person annual meeting since 2019, Buffett went so far as to say the market’s turned into a “gambling parlor.”The Oracle of Omaha also commented on inflation, building on prior remarks he has made. Buffett had previously said that inflation “swindles” equity investors, but noted Saturday that it “swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody.”Buffett and his longtime partner, Vice Chairman Charlie Munger, fielded shareholder questions on a broad range of issues for hours.Buffett also said that Berkshire had been increasing its stake in Activision Blizzard as part of a merger arbitrage bet that Microsoft’s proposed deal to buy the video game company will close. Additionally, Berkshire revealed it had ramped up its stock bets by more than $51 billion during the first quarter amid the broader market’s downturn.Buffett also stressed the importance of cash as “new forms of money” like bitcoin pop up.“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill. “That’s what money is.”Check out full recap below for more from the two investing legends.Berkshire bought more than $51 billion of stocks during Q1′s market routBerkshire bought more than $51 billion worth of stocks during the first quarter’s market turmoil, including sizable investments in Chevron, HP and Occidental. The buying at the start of the year marked a sharp reversal from 2021 that saw $7.4 billion of net sales in stocks.The S&P 500 suffered a 5% sell-off in the first quarter, posting its worst quarter since the start of the pandemic. The rout continued in April with the equity benchmark down another 8.8% amid fears of surging inflation and rising rates.Buffett says Berkshire is “better than the banks”Warren Buffett has a long history of teasing investment bankers and their institutions – saying that they encourage mergers and spinoffs to reap fees, rather than improve companies.Today, he noted that Berkshire Hathaway would always be cash-rich, and in times of need, would be “better than the banks” at extending credit lines to companies in need. While Buffett was talking, someone was shouting from the crowd in the CHI Center. It was unclear what the audience member was said.“Was that a banker screaming?” Buffett joked.Buffett warns shareholders about “new forms of money” and the importance of cashWarren Buffett warned shareholders about “new forms of money” as he recalled the financial crisis of 2008 and said Berkshire Hathaway will “always have a lot of cash on hand.”Buffett did not explicitly identify bitcoin or other cryptocurrencies, though he has made headlines for calling bitcoin “rat poison” in the past and has said it has no unique value. Charlie Munger has also spoken with hostility about it.“The United States government affects that this became exchangeable for lawful money in the United States,” Buffett said, displaying an image of an old $20 bill.“That’s what money is,” he added. “It may turn out that it becomes worth dramatically less at purchasing power. It can become almost like paper money as it has in many countries. But that when people tell you that they’re reaching [for] new forms of money, this is the only thing that will pay bills.”Berkshire put money to work after finding ‘little exciting’ in the marketIn his annual chairman letter to shareholders in February, Warren Buffett said there is “little that excites us” in the market. But soon after, he put Berkshire’s money to work.Berkshire at the beginning of March revealed a big stake in oil giant Occidental Petroleum. At the beginning of April, Berkshire announced a major stake in tech hardware stock HP. Berkshire’s first-quarter filing revealed the company significantly increased its bet on Chevron.“We found some things we prefer to owning Treasury bills,” quipped Berkshire vice chairman and Buffett’s right-hand man Charlie Munger.Buffett on his massive Occidental investmentBuffett scooped up 14% of oil giant Occidental Petroleum, worth more than $7 billion, in two weeks during March.He pointed out that the stake was even larger when accounting for the index fund providers who own a huge chunk of the company.“That’s not investment. You’re not buying from [investors]. I find it just incredible. You couldn’t do that with Berkshire. ... Overwhelmingly, large companies in America, they became poker chips,” Buffett said.“That enabled us, in a two-week period, to buy 14% of a business that’s been around for decades,” Buffett said. “Imagine trying to [buy] 14% of the farms in this country. 14% of the apartment houses. 14% of the auto dealerships, or just anything, when already 40% were locked up some other place. It defies anything Charlie and I have seen, and we’ve seen a lot.”The legendary investor said that the short-term volatility earlier this year fueled by “gambling mentality” allowed him to find good long-term opportunities.Executives of Berkshire’s portfolio companies discuss impact of inflationAhead of the shareholder meeting, the executives of several Berkshire portfolio companies told CNBC how inflation was hitting their businesses.One of those executives was Jim Weber, CEO of Brooks Running.Weber said it was tough to raise prices for Brooks’ products but that he thinks some of the cost pressures could cool soon.“We don’t have unlimited pricing power, but we have taken selective price increases where we think we can. But our whole industry is so competitive. It’s a big market place. ... I do believe in the supply chain that costs are going to mediate a bit,” Weber said.Buffett wants Berkshire to be in a ‘position to operate’ should the economy stopBuffett said he wants Berkshire Hathaway to be in a “position to operate” should the economy stop.“We want Berkshire Hathaway to be there and in a position to operate if the economy stops,” Buffett said. “And that can always happen, it can always happen.”Buffett played a significant role during the Great Recession, providing capital during a pivotal moment to companies such as Bank of America and Goldman Sachs. The move drew criticism from those who disapproved of the support of big banks.The billionaire investor made those remarks while also praising the Federal Reserve’s role during the 2008 financial crisis and the pandemic.“The Federal Reserve has not gone,” Buffett said. He added the Fed will “do whatever is necessary. ... That’s what happened in 2008 and 2009, and that’s what happened in 2020, and you’ll hope it happens again next time.”Buffett says he has \"so much trouble\" finding businesses to invest inWarren Buffett said Berkshire Hathaway is open to investing in businesses anywhere, not just in the U.S.“We have so much trouble finding good ideas that we can’t afford to ignore any,” Buffett said. “But they do have to be sizable.”Buffett said while he does seek out new investments, he prefers to be approached proactively.“We’ll pay any price, climb any hills to find businesses, but we actually prefer when they fall into our lap,” Buffett said.Munger says today’s stock market \"almost a mania of speculation\"Munger said today’s stock market has become “almost a mania of speculation.”His comment alluded to both high frequency algorithmic trading and access new investors have that intensified during the pandemic.“We have computers with algorithms trading against other computers,” Munger said. “We’ve got people who know nothing about stocks, being advised by stockbrokers who know even less.“I understand the commission though,” Buffett joked.After Munger likened the activity to a casino, where people play craps and roulette, Buffett expanded on the comparison.“People and traders’ poker chips are pulling the handle,” he said. “They’ve got the system set up so that if you want to buy a three-day call on the stock you can do it and they make more money selling you calls than if you buy stock, so they teach you calls. Nobody’s going around selling calls on farms. That’s why markets do crazy things. Occasionally Berkshire gets a chance to do something. It’s not because we’re smarter. … we’re sane, and that’s the main requirement in this business.”Munger blasts calls for separate Berkshire chairman and CEOBerkshire Hathaway Vice Chairman Charlie Munger had some stern words in response to a proposal to oust CEO Warren Buffett as chairman.“It’s the most ridiculous criticism I ever heard,” Munger said.“It’s like Odysseus would come back from winning the battle of Troy and so forth and some guy would say, ‘I don’t like the way you were holding your spear when you won that battle,’” he added, referencing ancient Greek epic “The Odyssey.”The California Public Employees’ Retirement System, or CalPERS, the biggest public pension fund in the U.S., earlier this month said it would vote in favor of a shareholder proposal to remove Buffett from his chairman role while remaining CEO. The proposal’s aim stems from concerns about corporate governance with one person holding dual roles.“Some guy that’s never run any business, doesn’t know anything — I don’t think too much of this activity,” Munger said.Berkshire’s head of insurance explains how Geico has fallen behind rival ProgressiveBerkshire Hathaway Vice Chairman Ajit Jain, who runs all of the conglomerate’s insurance businesses, lamented about how Geico has fallen behind rival Progressive in the car insurance business.“Each one have their plusses and minuses, but having said that, there’s no question that recently Progressive has done a much better job than Geico … both in terms of margins and in terms of growth,” Jain said.“There are a number of causes for that, but I think the biggest culprit is as far as Geico is concerned … is telematics,” he added. Telematics refers to putting a device on a car that tracks driving patterns, in exchange for a lower insurance rate.“Progressive has been on the telematics bandwagon for more than 10 years. Geico, until recently, wasn’t involved in telematics,” Jain said. “It’s a long journey, but the journey has started, and the initial results are promising. It will take a while, but my hope is that in the next year or two, Geico will be positioned to catch up with Progressive.”Jain’s comments came after Berkshire reported earlier in the day a massive earnings drop in its insurance underwriting business for the first quarter.Buffett says he has never been \"good at timing\"Warren Buffett said he has never figured out how to time the markets.“We haven’t the faintest idea what the stock market was gonna do when it opens on Monday,” Buffett said in response to an audience question.“I don’t think we’ve ever made a decision where either one of us has either said or been thinking we should buy or sell based on what the market is going to do, or for that matter, on what the economy’s going to do. We don’t know,” he continued.The Oracle of Omaha said he often gets misplaced credit for the stock winners he’s picked over the years, pointing out he’s also missed out on some big opportunities as well. Buffett said he failed to make some big purchases in the early days of the pandemic. In a single day in March 2020, the Dow Jones Industrial Average dropped 12.9%,its worst day since 1987.Instead, Buffett adheres to a value investing strategy, or picking stocks with attractive valuations, instead of focusing on the vagaries of the stock market.“We have not been good at timing,” Buffett said. “We’ve been reasonably good at figuring out when we were getting enough for our money. And we had no idea when we bought anything, but we always hoped it would the down for a while so we could buy more. ... I mean, that stuff, you could you could learn in fourth grade.”Munger says \"just say no\" to putting bitcoin in your retirement accountCharlie Munger is still down on bitcoin.He responded to an audience member question asking what single stock they would invest in given how high inflation has been rising.The Berkshire executives didn’t say where they would put their money, but Munger was clear about where he wouldn’t invest: bitcoin.“When you have your own retirement account, and your friendly adviser suggests you put all the money in into bitcoin, just say no,” he said.Munger’s answer was a thinly veiled reference tobig news from Fidelity this week, which will now allow employees to putbitcoininto their employee-sponsored retirement accounts.Munger and Buffett have both long been critics of bitcoin, which has become increasingly attractive to certain investors for its potential as an inflation hedge.Buffett describes his start to investing when he was 11 years oldA trip to the New York Stock Exchange when he was 9 years old was inspiring for Warren Buffett, who is known to have started investing when he was 11 years old.“I went to the New York Stock Exchange, I was in awe of it,” Buffett said. “I got very interested in technical analysis and charted stocks and did all kinds of crazy things, did hours and hours and hours and saved money to buy other stocks and tried shorting. I just did everything.”The investor bought a stock at 11 after spending his childhood reading books on the subject from the library and in his father’s office. He said his approach to investing later changed completely when he was 19 or 20 years old after reading one particular book passage in what he said must have been Benjamin Graham’s “The Intelligent Investor.”“I looked at this book and I saw one paragraph and it told me I’ve been doing everything wrong. I just had the whole approach wrong,” Buffett said.Buffett wants to make it clear he’s not the only one picking stocks at Berkshire HathawayWarren Buffett wants to make it clear that he’s not the only one at Berkshire Hathaway picking stocks.“I see headlines in papers just time after time after time that say, ‘Buffett’s buying such and such,’” Buffett said. “I’m not buying such and such. Berkshire Hathaway is buying.”The investor said a stock pick may have been made by other finance professionals in his organization without Buffett’s ever having heard of it.“But the headline will attract more people if it says Buffett buying this than if it says Berkshire Hathaway, and we don’t know whether it is the people that work for him, the headline is designed to bring people into the story,” Buffett said.“The easiest thing to do is basically shut up and not have a bunch of people facing consequences they didn’t ask for in the first place,” he said.Buffett says inflation ‘swindles almost everybody’When asked about his previous comments that inflation “swindles” equity investors, Buffett said the damage from rising prices was much broader than that.“Inflation swindles the bond investor, too. It swindles the person who keeps their cash under their mattress. It swindles almost everybody,” he said.Buffett pointed out that inflation also raises the amount of capital that companies need to have and that it isn’t as simple as raising prices to maintain inflation-adjusted profits.The Berkshire Hathaway CEO cautioned against listening to people who claim to be able to predict the path of inflation.“The question is how much ... and the answer is nobody knows,” Buffett said.Buffett reiterated that the best protection against the inflation is investing in your own skills.Buffett says Berkshire now owns 9.5% of Activision BlizzardWarren Buffett said Berkshire Hathaway has been increasing its stake inActivision Blizzardin a merger arbitrage bet thatMicrosoft’sproposed acquisition of the video game company will close.In the fourth quarter of 2021, Berkshire first purchased about $1 billion worth of Activision Blizzard stock, in a bet the company was undervalued. Buffett has saidBerkshire “had no prior knowledge”of Microsoft’s plan to buy the company when Berkshire made its initial investment.In January, Microsoftannounced intentions to buy Activisionfor $95 per share. Its stock closed at $75.60 per share on Friday.Buffett said he has been buying more shares of Activision since the deal was announced as the stock is trading way below Microsoft’s offer. Buying at these levels will yield a bigger return if the deal closes.Buffett said Berkshire now owns about 9.5% of Activision. “If we went over 10%, we would file a report,” he said.“If the deal goes through, we make some money, and if the deal doesn’t go through, who knows what happens,” Buffett said.“We don’t know what the Justice Department will do, we don’t know what the E.U. will do, we don’t know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,” Buffett added.Buffett: ‘I look at Berkshire as a painting’The possibilities for Berkshire Hathaway are endless in the eyes of Warren Buffett, who likened the company to a work of art.“I look at Berkshire as a painting,” Buffett said. “It’s unlimited in size; it’s got an ever-expanding canvas, and I get to paint what I want.”Buffett did acknowledge that he doesn’t know much about art, but added that “other people look at paintings and they see something, then they’ll see something additional later on, and they really have a different sort of perception in relation to that. To me, Berkshire is a painting, and I get to paint.”“It’s in my head, and I see different things in it as I go along,” Buffett said. “It’s satisfying.”Buffett calls Jerome Powell a heroIn addressing a question about inflation, Buffett talked about the massive stimulus during the pandemic as a key reason for the rising prices now.“You print loads of money, and money is going to be worth less,” Buffett said.However, he did not criticize the Federal Reserve for its actions to boost money supply and stabilize markets during the health crisis.“In my book,Jay Powellis a hero. It’s very simple. He did what he had to do,” Buffett said.Buffett says people are becoming more tribalWarren Buffett said people are becoming more tribal.“My general assumption — there’s no way to prove it — but essentially, people are now behaving somewhat more tribal than they have for a long time,” Buffett said.“It’s fun to participate in, but it can get very dangerous when people say two plus two is five and the other says two plus two is three, you know, and they’re gonna give you those answers,” he continued.The investor said the country seems as tribal as it appeared during the 1930s when public sentiment was split in the U.S. around Franklin Roosevelt. Buffett said he was raised in a household where he and his siblings weren’t served dessert until they “said something nasty” about Roosevelt.“I don’t think it’s a good development for society,” Buffett said.Buffett says he won’t buy bitcoin because ‘it doesn’t produce anything’Warren Buffettreiterated his skepticism of bitcoin on Saturday, saying he would be unwilling to buy it for even extremely low prices because it produces nothing of value.“Whether it goes up or down in the next year, or five or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t produce anything,” Buffett said. “It’s got a magic to it and people have attached magics to lots of things.”Buffett listed farmland, apartment buildings — and even art — as assets that had more tangible value than bitcoin.“Assets, to have value, have to deliver something to somebody. And there’s only one currency that’s accepted. You can come up with all kinds of things. We can put up Berkshire coins, put up Berkshire money but in the end, this is money,” he said, holding up a $20 bill. “And there’s no reason in the world why the United States government … is going to let Berkshire money replace theirs.”Berkshire’s business meeting concludes with shareholder votesBerkshire’s formal business meeting followed nearly five hours of Q&A with Warren Buffett and Charlie Munger. Shareholders voted on a number of proposals at the meeting.The proposal that garnered most attention was from the non-profit National Legal and Policy Center. It calls for the company to strip Buffett of his chairman role. Shareholders voted down the proposal backed by CALPERS, the largest U.S. public pension fund.Brunel Pension requested the board of Berkshire to publish an annual assessment addressing how the company manages physical and transitional climate-related risks. The number of votes against the motion outnumbered the ones for it.One shareholder also took issue with Berkshire’s climate change initiative. The proposal called for Berkshire to issue a report addressing if and how it intends to measure, disclose, and reduce the GHG emissions associated in alignment with the Paris Agreement’s 1.5°C goal, requiring net zero emissions. Shareholders voted it down.The last proposal asked Berkshire to report to shareholders on the outcomes of their diversity, equity and inclusion efforts by publishing quantitative data on workforce composition and recruitment, retention, and promotion rates of employees by gender, race, and ethnicity. The motion also failed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080643728,"gmtCreate":1649890052417,"gmtModify":1676534597261,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice article in the energy sector, thanks for sharing 🙏","listText":"Nice article in the energy sector, thanks for sharing 🙏","text":"Nice article in the energy sector, thanks for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080643728","repostId":"2227485446","repostType":4,"repost":{"id":"2227485446","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":1649889604,"share":"https://ttm.financial/m/news/2227485446?lang=&edition=fundamental","pubTime":"2022-04-14 06:40","market":"us","language":"en","title":"Wall Street Surges in Growth Stocks Rally; Earnings Season Opens","url":"https://stock-news.laohu8.com/highlight/detail?id=2227485446","media":"Reuters","summary":"* Strong outlook from Delta Air Lines lifts other airlines* JPMorgan down after profit falls 42%* PP","content":"<html><head></head><body><p>* Strong outlook from Delta Air Lines lifts other airlines</p><p>* JPMorgan down after profit falls 42%</p><p>* PPI up 11.2% year-on-year, hotter than 10.6% est</p><p>* Indexes up: Dow 1.01%, S&amp;P 1.12%, Nasdaq 2.03%</p><p>NEW YORK, April 13 (Reuters) - Wall Street rallied to end sharply higher on Wednesday, powered by a recovery in interest-sensitive growth stocks as investors digested hot inflation data and a mixed bag of quarterly results.</p><p>Falling U.S. Treasury yields helped the tech-heavy Nasdaq lead all three major U.S. stock indexes higher, with semiconductors    outperforming the broader market.</p><p>The Nasdaq jumped over 2% while the S&amp;P 500 and the Dow gained more than 1%.</p><p>&#34;Bond yields may have gotten ahead of themselves and they&#39;re dropping lower today,&#34; said David Carter, managing director at Wealthspire Advisors in New York. &#34;This helps almost all equities, but particularly growthy areas like tech.&#34;</p><p>JPMorgan Chase &amp; Co set the first-quarter earnings season off to an inauspicious start, reporting a 42% drop in quarterly profit. The downbeat results from the biggest U.S. lender sent its shares down 3.2%.</p><p>On the brighter side, Delta Air Lines&#39; results beat expectations and it forecast a current-quarter return to profit due to &#34;historically high&#34; demand. Its 6.2% share jump was contagious; the broader S&amp;P 1500 airline index surged 6.8%.</p><p>&#34;It’s great that demand is so strong,&#34; Carter added. &#34;However, drive inflation higher, which will force the Fed to continue to raise rates, resulting in a weaker stock market.&#34;</p><p>&#34;Business is good. Almost too good.&#34;</p><p>Strong demand also drove the Labor Department&#39;s producer price index to a blistering 11.2% year-on-year growth rate, the hottest annual reading since the Labor Department started tracking annual data in 2010.</p><p>Core PPI and other major indicators have risen beyond the Federal Reserve&#39;s average annual 2% inflation target.</p><p>Minutes from the most recent Fed policy meeting and subsequent remarks from its members have market participants setting easy odds for a series of 50-basis-point interest rate hikes in the coming months, as the central bank treads the delicate tightrope of curbing inflation without provoking a recession.</p><p>&#34;It&#39;s obvious now that the Fed is singing off the same song sheet, more tightening is coming,&#34; Carter said. &#34;Much of this, however, is priced in and expected.&#34;</p><p>The Dow Jones Industrial Average rose 344.23 points, or 1.01%, to 34,564.59, the S&amp;P 500 gained 49.14 points, or 1.12%, to 4,446.59 and the Nasdaq Composite added 272.02 points, or 2.03%, to 13,643.59.</p><p>Among the 11 major sectors of the S&amp;P 500, consumer discretionary stocks enjoyed the largest percentage gains, jumping 2.5%.</p><p>Analyst estimates for the corporate earnings season have grown less optimistic. Aggregate annual S&amp;P 500 earnings growth for the first three quarters of 2022 is estimated at 5.4% as of Wednesday, down from 7.5% at the beginning of the year.</p><p>On Thursday, the holiday-shortened week will end with results from a swath of big banks, including Morgan Stanley, Citigroup Inc, Goldman Sachs Group Inc, and Wells Fargo &amp; Co.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 19 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 48 new highs and 168 new lows.</p><p>Volume on U.S. exchanges was 10.52 billion shares, compared with the 12.33 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 Surges in Growth Stocks Rally; Earnings Season Opens</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 Surges in Growth Stocks Rally; Earnings Season Opens\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\">2022-04-14 06:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Strong outlook from Delta Air Lines lifts other airlines</p><p>* JPMorgan down after profit falls 42%</p><p>* PPI up 11.2% year-on-year, hotter than 10.6% est</p><p>* Indexes up: Dow 1.01%, S&amp;P 1.12%, Nasdaq 2.03%</p><p>NEW YORK, April 13 (Reuters) - Wall Street rallied to end sharply higher on Wednesday, powered by a recovery in interest-sensitive growth stocks as investors digested hot inflation data and a mixed bag of quarterly results.</p><p>Falling U.S. Treasury yields helped the tech-heavy Nasdaq lead all three major U.S. stock indexes higher, with semiconductors    outperforming the broader market.</p><p>The Nasdaq jumped over 2% while the S&amp;P 500 and the Dow gained more than 1%.</p><p>&#34;Bond yields may have gotten ahead of themselves and they&#39;re dropping lower today,&#34; said David Carter, managing director at Wealthspire Advisors in New York. &#34;This helps almost all equities, but particularly growthy areas like tech.&#34;</p><p>JPMorgan Chase &amp; Co set the first-quarter earnings season off to an inauspicious start, reporting a 42% drop in quarterly profit. The downbeat results from the biggest U.S. lender sent its shares down 3.2%.</p><p>On the brighter side, Delta Air Lines&#39; results beat expectations and it forecast a current-quarter return to profit due to &#34;historically high&#34; demand. Its 6.2% share jump was contagious; the broader S&amp;P 1500 airline index surged 6.8%.</p><p>&#34;It’s great that demand is so strong,&#34; Carter added. &#34;However, drive inflation higher, which will force the Fed to continue to raise rates, resulting in a weaker stock market.&#34;</p><p>&#34;Business is good. Almost too good.&#34;</p><p>Strong demand also drove the Labor Department&#39;s producer price index to a blistering 11.2% year-on-year growth rate, the hottest annual reading since the Labor Department started tracking annual data in 2010.</p><p>Core PPI and other major indicators have risen beyond the Federal Reserve&#39;s average annual 2% inflation target.</p><p>Minutes from the most recent Fed policy meeting and subsequent remarks from its members have market participants setting easy odds for a series of 50-basis-point interest rate hikes in the coming months, as the central bank treads the delicate tightrope of curbing inflation without provoking a recession.</p><p>&#34;It&#39;s obvious now that the Fed is singing off the same song sheet, more tightening is coming,&#34; Carter said. &#34;Much of this, however, is priced in and expected.&#34;</p><p>The Dow Jones Industrial Average rose 344.23 points, or 1.01%, to 34,564.59, the S&amp;P 500 gained 49.14 points, or 1.12%, to 4,446.59 and the Nasdaq Composite added 272.02 points, or 2.03%, to 13,643.59.</p><p>Among the 11 major sectors of the S&amp;P 500, consumer discretionary stocks enjoyed the largest percentage gains, jumping 2.5%.</p><p>Analyst estimates for the corporate earnings season have grown less optimistic. Aggregate annual S&amp;P 500 earnings growth for the first three quarters of 2022 is estimated at 5.4% as of Wednesday, down from 7.5% at the beginning of the year.</p><p>On Thursday, the holiday-shortened week will end with results from a swath of big banks, including Morgan Stanley, Citigroup Inc, Goldman Sachs Group Inc, and Wells Fargo &amp; Co.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 19 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 48 new highs and 168 new lows.</p><p>Volume on U.S. exchanges was 10.52 billion shares, compared with the 12.33 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":{"C":"花旗",".SPX":"S&P 500 Index","MS":"摩根士丹利","DAL":"达美航空","JPM":"摩根大通",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2227485446","content_text":"* Strong outlook from Delta Air Lines lifts other airlines* JPMorgan down after profit falls 42%* PPI up 11.2% year-on-year, hotter than 10.6% est* Indexes up: Dow 1.01%, S&P 1.12%, Nasdaq 2.03%NEW YORK, April 13 (Reuters) - Wall Street rallied to end sharply higher on Wednesday, powered by a recovery in interest-sensitive growth stocks as investors digested hot inflation data and a mixed bag of quarterly results.Falling U.S. Treasury yields helped the tech-heavy Nasdaq lead all three major U.S. stock indexes higher, with semiconductors    outperforming the broader market.The Nasdaq jumped over 2% while the S&P 500 and the Dow gained more than 1%.\"Bond yields may have gotten ahead of themselves and they're dropping lower today,\" said David Carter, managing director at Wealthspire Advisors in New York. \"This helps almost all equities, but particularly growthy areas like tech.\"JPMorgan Chase & Co set the first-quarter earnings season off to an inauspicious start, reporting a 42% drop in quarterly profit. The downbeat results from the biggest U.S. lender sent its shares down 3.2%.On the brighter side, Delta Air Lines' results beat expectations and it forecast a current-quarter return to profit due to \"historically high\" demand. Its 6.2% share jump was contagious; the broader S&P 1500 airline index surged 6.8%.\"It’s great that demand is so strong,\" Carter added. \"However, drive inflation higher, which will force the Fed to continue to raise rates, resulting in a weaker stock market.\"\"Business is good. Almost too good.\"Strong demand also drove the Labor Department's producer price index to a blistering 11.2% year-on-year growth rate, the hottest annual reading since the Labor Department started tracking annual data in 2010.Core PPI and other major indicators have risen beyond the Federal Reserve's average annual 2% inflation target.Minutes from the most recent Fed policy meeting and subsequent remarks from its members have market participants setting easy odds for a series of 50-basis-point interest rate hikes in the coming months, as the central bank treads the delicate tightrope of curbing inflation without provoking a recession.\"It's obvious now that the Fed is singing off the same song sheet, more tightening is coming,\" Carter said. \"Much of this, however, is priced in and expected.\"The Dow Jones Industrial Average rose 344.23 points, or 1.01%, to 34,564.59, the S&P 500 gained 49.14 points, or 1.12%, to 4,446.59 and the Nasdaq Composite added 272.02 points, or 2.03%, to 13,643.59.Among the 11 major sectors of the S&P 500, consumer discretionary stocks enjoyed the largest percentage gains, jumping 2.5%.Analyst estimates for the corporate earnings season have grown less optimistic. Aggregate annual S&P 500 earnings growth for the first three quarters of 2022 is estimated at 5.4% as of Wednesday, down from 7.5% at the beginning of the year.On Thursday, the holiday-shortened week will end with results from a swath of big banks, including Morgan Stanley, Citigroup Inc, Goldman Sachs Group Inc, and Wells Fargo & Co.Advancing issues outnumbered declining ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored advancers.The S&P 500 posted 19 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 48 new highs and 168 new lows.Volume on U.S. exchanges was 10.52 billion shares, compared with the 12.33 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038715237,"gmtCreate":1646916511283,"gmtModify":1676534176589,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice article 👍","listText":"Nice article 👍","text":"Nice article 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038715237","repostId":"1193500534","repostType":4,"repost":{"id":"1193500534","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1646905482,"share":"https://ttm.financial/m/news/1193500534?lang=&edition=fundamental","pubTime":"2022-03-10 17:44","market":"us","language":"en","title":"Oracle, Asana, Fossil and Ulta Beauty: What to Watch in the Stock Market Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1193500534","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:Wall Street expects Oracle Corporation to ","content":"<html><head></head><body><p>Some of the stocks that may grab investor focus today are:</p><ul><li>Wall Street expects Oracle Corporation to report quarterly earnings at $1.18 per share on revenue of $10.51 billion after the closing bell. Oracle shares gained 0.4% to $76.39 in after-hours trading.</li><li>Asana, Inc.reported better-than-expected results for its fourth quarter. However, the company said it sees higher-than-expected loss for the first quarter. Asana shares dipped 21.1% to $38.50 in the after-hours trading session.</li><li>Fossil Group, Inc. reported adjusted net income of $0.64 per share for the fourth quarter up from $0.19 per share in the year-ago period. Its net sales surged 14% to $604.2 million. Fossil said it sees FY22 global net sales growth of 2% to 6% year over year. Fossil shares dropped 16% to $12.20 in the after-hours trading session.</li><li>Analysts expect Ulta Beauty, Inc. to post quarterly earnings at $4.57 per share on revenue of $2.69 billion after the closing bell. Ulta Beauty shares gained 0.2% to $374.00 in after-hours trading.</li></ul><p></p><ul></ul><p></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>Oracle, Asana, Fossil and Ulta Beauty: What to Watch in the Stock Market Today</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\">\nOracle, Asana, Fossil and Ulta Beauty: What to Watch in the Stock Market Today\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-03-10 17:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Some of the stocks that may grab investor focus today are:</p><ul><li>Wall Street expects Oracle Corporation to report quarterly earnings at $1.18 per share on revenue of $10.51 billion after the closing bell. Oracle shares gained 0.4% to $76.39 in after-hours trading.</li><li>Asana, Inc.reported better-than-expected results for its fourth quarter. However, the company said it sees higher-than-expected loss for the first quarter. Asana shares dipped 21.1% to $38.50 in the after-hours trading session.</li><li>Fossil Group, Inc. reported adjusted net income of $0.64 per share for the fourth quarter up from $0.19 per share in the year-ago period. Its net sales surged 14% to $604.2 million. Fossil said it sees FY22 global net sales growth of 2% to 6% year over year. Fossil shares dropped 16% to $12.20 in the after-hours trading session.</li><li>Analysts expect Ulta Beauty, Inc. to post quarterly earnings at $4.57 per share on revenue of $2.69 billion after the closing bell. Ulta Beauty shares gained 0.2% to $374.00 in after-hours trading.</li></ul><p></p><ul></ul><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文","ASAN":"阿莎娜","ULTA":"Ulta美容","FOSL":"福斯尔","JD":"京东"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193500534","content_text":"Some of the stocks that may grab investor focus today are:Wall Street expects Oracle Corporation to report quarterly earnings at $1.18 per share on revenue of $10.51 billion after the closing bell. Oracle shares gained 0.4% to $76.39 in after-hours trading.Asana, Inc.reported better-than-expected results for its fourth quarter. However, the company said it sees higher-than-expected loss for the first quarter. Asana shares dipped 21.1% to $38.50 in the after-hours trading session.Fossil Group, Inc. reported adjusted net income of $0.64 per share for the fourth quarter up from $0.19 per share in the year-ago period. Its net sales surged 14% to $604.2 million. Fossil said it sees FY22 global net sales growth of 2% to 6% year over year. Fossil shares dropped 16% to $12.20 in the after-hours trading session.Analysts expect Ulta Beauty, Inc. to post quarterly earnings at $4.57 per share on revenue of $2.69 billion after the closing bell. Ulta Beauty shares gained 0.2% to $374.00 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080641272,"gmtCreate":1649890082270,"gmtModify":1676534597284,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice article in the energy sector, thanks for sharing 🙏","listText":"Nice article in the energy sector, thanks for sharing 🙏","text":"Nice article in the energy sector, thanks for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080641272","repostId":"1121785829","repostType":4,"repost":{"id":"1121785829","pubTimestamp":1649863697,"share":"https://ttm.financial/m/news/1121785829?lang=&edition=fundamental","pubTime":"2022-04-13 23:28","market":"us","language":"en","title":"5 Stocks to Buy That Are Up 1,000% in the Last 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1121785829","media":"InvestorPlace","summary":"Enphase Energy – Five-year return of 15,000%.Digital Turbine –  Five-year return of 4,000%.SolarEdge","content":"<html><head></head><body><ul><li><a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a> – Five-year return of 15,000%.</li><li><a href=\"https://laohu8.com/S/APPS\">Digital Turbine</a> –  Five-year return of 4,000%.</li><li><a href=\"https://laohu8.com/S/SEDG\">SolarEdge Technologies</a> – Five-year return of 1,800%</li><li><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> – Five-year return of 1,500%.</li><li><a href=\"https://laohu8.com/S/CELH\">Celsius</a> – Five-year return of 1,300%.</li></ul><p><img src=\"https://static.tigerbbs.com/b666d2a7d32af635a5dcc5ba2029de33\" tg-width=\"1024\" tg-height=\"576\" referrerpolicy=\"no-referrer\"/>Source: sulit.photos / Shutterstock.com</p><p>In the past five years, the <b>S&amp;P 500</b> has returned 89%. Meanwhile, these five companies have returned an average of 4,720% in the same time, outperforming the index by more than 50X. Beating the S&amp;P 500’s performance is no easy task, but these five companies have managed to do so, above and beyond.</p><p>Of course, past performance does not indicate or influence future performance. Stocks are valued based on expected future performance. In fact, asset management firms are required by the U.S. Securities and Exchange Commission (SEC) to let clients know that historical returns are not correlated with future returns when bringing up historical returns.</p><p>However, impressive historical returns do tell investors a few things. For starters, it indicates that a company’s management has a history of executing well in favor of its shareholders. Whether that be in the form of innovative products, buybacks or a profitable business model, historical returns are evidence of a company’s past actions.</p><p>Stocks to Buy: <a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a><img src=\"https://static.tigerbbs.com/3486c91042567c21e4eb6b2e9a13f2e9\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: IgorGolovniov / Shutterstock.com</p><p>ENPH stock has increased 15,000% in the past five years. The company operates in the solar industry and provides micro inverter solutions, home energy solutions and solar storage. Enphase had its initial public offering (IPO) in 2012 and was priced at$6 a share. Today, the company trades at over $185 per share.</p><p>However, the path to positive returns wasn’t easy. From 2012 to 2018, ENPH stock returned -34%. During 2017, the stock traded for as low as65 cents. Despite six years of poor returns, the start of 2019 marked a major trend change. Since then, Enphase has returned over 3,500%.</p><p>This was helped in part by the acceptance of solar power as an energy source. Furthermore,solar energy tax creditsfrom the federal government have incentivized customers to install solar home energy solutions. Today, the Department of Energy (DOE) classifies solar power as “thefastest growingand most affordable source of new electricity in America.”</p><p><a href=\"https://laohu8.com/S/APPS\">Digital Turbine</a><img src=\"https://static.tigerbbs.com/86ae963e5b33daaf9b8fca3779e72d60\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: weedezign via Shutterstock</p><p>Digital Turbine has returned over 4,000% in the past five years. The company utilizes an end-to-end platform for original equipment manufacturers, application developers and other parties. Through its platform, Digital Turbine provides mobile advertisements services.</p><p>For example, the company announced amulti-year partnership with Google (NASDAQ:GOOG, NASDAQ:GOOGL) last year. Through the partnership, Digital Turbine will power “app discovery for nearly a billion Android devices globally while simultaneously expanding our footprint across the Android ecosystem including mobile, TV and connected devices.”</p><p>At the time of writing, APPS stock has a market capitalization of $3.9 billion, making it the smallest on this list. A low market cap does not necessarily indicate greater expected future performance. However, it does indicate that APPS stock should be a good bet as long as the company’s management is able to execute and partner with other reputable companies. In addition, Digital Turbine operates in a fast-growing market. In 2015, mobile devices accounted for 31.16% of all global website traffic. By Q4 of 2021, that figure had skyrocketed to 54.4%.</p><p><a href=\"https://laohu8.com/S/SEDG\">SolarEdge Technologies</a><img src=\"https://static.tigerbbs.com/795228716a0620a7d42e2493d1be5eef\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: rafapress / Shutterstock.com</p><p>Like Enphase, SolarEdge operates in the solar energy industry. The company describes itself as a“world leader in smart energy”and provides services for businesses and homeowners.</p><p>SEDG stock’s historic rally in 2020 was aided by Congress after it passed an extension of the Investment Tax Credit (ITC). The ITC stated that homeowners are eligible for a tax credit “for apercentage of the costof a solar photovoltaic (PV) system.” APV systemis comprised of solar panels, an inverter and other hardware to generate sun power into electricity. As part of ITC, consumers are eligible for a 26% tax credit for PV systems installed between 2020 and 2022. In 2023, the tax credit will fall to 22%.</p><p>Since 2020, SolarEdge has appreciated by over 190%. From its IPO in 2015 to 2020, the stock increased by over 340%. However, the solar energy tax credit from the ITC is set to expire in 2024, unless Congress decides to renew it. A failure to renew the provision could have detrimental effects for SolarEdge.</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a><img src=\"https://static.tigerbbs.com/c15b53690e5b197c8de2d39daff509c3\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: Shutterstock</p><p>Tesla is undoubtedly the most popular company on this list, boasting a five-year return of over 1,500%. The historic rise of electric vehicles (EVs) and Tesla’s outspoken CEO Elon Musk have helped power profound returns.</p><p>Last year, global EV sales reached6.75 million units, up more than 108% YOY. Meanwhile, the share of EVs in global light vehicle sales tallied in at 8.3%, almost doubling 2020’s figure of 4.2%. What’s even more impressive is that Tesla is leading the way in EV sales. Last year, Tesla came in first place for most plug-in EV sales globally, selling936,172 vehicles.</p><p>TSLA stock should continue to be a viable investment as long as it can continue growing its market share and brand power. Tesla is currently the fifth-largest company in the U.S. with a market cap of just over $1 trillion.</p><p><a href=\"https://laohu8.com/S/CELH\">Celsius</a><img src=\"https://static.tigerbbs.com/459e0762890639cfe463a9278082e102\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/>Source: Shutterstock</p><p>Take a stroll in your local grocery and you’ll likely see cans of Celsius in the energy drinks aisle. Celsius produces calorie-burning energy drinks for athletes in a variety of flavors. CELH stock has appreciated over 1,300% in the past five years.</p><p>Investors in Celsius aspire for the company to become the next <a href=\"https://laohu8.com/S/MNST\">Monster Beverage</a>. Why? MNST stock is recognized as one of the greatest investments of all time. Since 2000, the stock has returned over 90,000%. Today, Monster has a5.9% shareof the global sports/energy drink market and is sold in over100 countries.</p><p>Celsius is now expanding into new countries too, like Finland and Sweden. For the nine months ended Sept. 31, the company reported international revenue of$32.9 million, up 18% year-over-year (YOY). Meanwhile, total revenue grew to $210 million, up 121% YOY.</p><p>Triple-digit revenue growth is wildly impressive, and investors have their full focus on Celsius as it works to increase its market share.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Stocks to Buy That Are Up 1,000% in the Last 5 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks to Buy That Are Up 1,000% in the Last 5 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-13 23:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/04/5-stocks-to-buy-that-are-up-1000-in-the-last-5-years/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Enphase Energy – Five-year return of 15,000%.Digital Turbine –  Five-year return of 4,000%.SolarEdge Technologies – Five-year return of 1,800%Tesla – Five-year return of 1,500%.Celsius – Five-year ...</p>\n\n<a href=\"https://investorplace.com/2022/04/5-stocks-to-buy-that-are-up-1000-in-the-last-5-years/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APPS":"Digital Turbine Inc.","CELH":"Celsius Holdings, Inc.","ENPH":"Enphase Energy","MNST":"怪物饮料","SEDG":"SolarEdge Technologies, Inc.","TSLA":"特斯拉"},"source_url":"https://investorplace.com/2022/04/5-stocks-to-buy-that-are-up-1000-in-the-last-5-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121785829","content_text":"Enphase Energy – Five-year return of 15,000%.Digital Turbine –  Five-year return of 4,000%.SolarEdge Technologies – Five-year return of 1,800%Tesla – Five-year return of 1,500%.Celsius – Five-year return of 1,300%.Source: sulit.photos / Shutterstock.comIn the past five years, the S&P 500 has returned 89%. Meanwhile, these five companies have returned an average of 4,720% in the same time, outperforming the index by more than 50X. Beating the S&P 500’s performance is no easy task, but these five companies have managed to do so, above and beyond.Of course, past performance does not indicate or influence future performance. Stocks are valued based on expected future performance. In fact, asset management firms are required by the U.S. Securities and Exchange Commission (SEC) to let clients know that historical returns are not correlated with future returns when bringing up historical returns.However, impressive historical returns do tell investors a few things. For starters, it indicates that a company’s management has a history of executing well in favor of its shareholders. Whether that be in the form of innovative products, buybacks or a profitable business model, historical returns are evidence of a company’s past actions.Stocks to Buy: Enphase EnergySource: IgorGolovniov / Shutterstock.comENPH stock has increased 15,000% in the past five years. The company operates in the solar industry and provides micro inverter solutions, home energy solutions and solar storage. Enphase had its initial public offering (IPO) in 2012 and was priced at$6 a share. Today, the company trades at over $185 per share.However, the path to positive returns wasn’t easy. From 2012 to 2018, ENPH stock returned -34%. During 2017, the stock traded for as low as65 cents. Despite six years of poor returns, the start of 2019 marked a major trend change. Since then, Enphase has returned over 3,500%.This was helped in part by the acceptance of solar power as an energy source. Furthermore,solar energy tax creditsfrom the federal government have incentivized customers to install solar home energy solutions. Today, the Department of Energy (DOE) classifies solar power as “thefastest growingand most affordable source of new electricity in America.”Digital TurbineSource: weedezign via ShutterstockDigital Turbine has returned over 4,000% in the past five years. The company utilizes an end-to-end platform for original equipment manufacturers, application developers and other parties. Through its platform, Digital Turbine provides mobile advertisements services.For example, the company announced amulti-year partnership with Google (NASDAQ:GOOG, NASDAQ:GOOGL) last year. Through the partnership, Digital Turbine will power “app discovery for nearly a billion Android devices globally while simultaneously expanding our footprint across the Android ecosystem including mobile, TV and connected devices.”At the time of writing, APPS stock has a market capitalization of $3.9 billion, making it the smallest on this list. A low market cap does not necessarily indicate greater expected future performance. However, it does indicate that APPS stock should be a good bet as long as the company’s management is able to execute and partner with other reputable companies. In addition, Digital Turbine operates in a fast-growing market. In 2015, mobile devices accounted for 31.16% of all global website traffic. By Q4 of 2021, that figure had skyrocketed to 54.4%.SolarEdge TechnologiesSource: rafapress / Shutterstock.comLike Enphase, SolarEdge operates in the solar energy industry. The company describes itself as a“world leader in smart energy”and provides services for businesses and homeowners.SEDG stock’s historic rally in 2020 was aided by Congress after it passed an extension of the Investment Tax Credit (ITC). The ITC stated that homeowners are eligible for a tax credit “for apercentage of the costof a solar photovoltaic (PV) system.” APV systemis comprised of solar panels, an inverter and other hardware to generate sun power into electricity. As part of ITC, consumers are eligible for a 26% tax credit for PV systems installed between 2020 and 2022. In 2023, the tax credit will fall to 22%.Since 2020, SolarEdge has appreciated by over 190%. From its IPO in 2015 to 2020, the stock increased by over 340%. However, the solar energy tax credit from the ITC is set to expire in 2024, unless Congress decides to renew it. A failure to renew the provision could have detrimental effects for SolarEdge.TeslaSource: ShutterstockTesla is undoubtedly the most popular company on this list, boasting a five-year return of over 1,500%. The historic rise of electric vehicles (EVs) and Tesla’s outspoken CEO Elon Musk have helped power profound returns.Last year, global EV sales reached6.75 million units, up more than 108% YOY. Meanwhile, the share of EVs in global light vehicle sales tallied in at 8.3%, almost doubling 2020’s figure of 4.2%. What’s even more impressive is that Tesla is leading the way in EV sales. Last year, Tesla came in first place for most plug-in EV sales globally, selling936,172 vehicles.TSLA stock should continue to be a viable investment as long as it can continue growing its market share and brand power. Tesla is currently the fifth-largest company in the U.S. with a market cap of just over $1 trillion.CelsiusSource: ShutterstockTake a stroll in your local grocery and you’ll likely see cans of Celsius in the energy drinks aisle. Celsius produces calorie-burning energy drinks for athletes in a variety of flavors. CELH stock has appreciated over 1,300% in the past five years.Investors in Celsius aspire for the company to become the next Monster Beverage. Why? MNST stock is recognized as one of the greatest investments of all time. Since 2000, the stock has returned over 90,000%. Today, Monster has a5.9% shareof the global sports/energy drink market and is sold in over100 countries.Celsius is now expanding into new countries too, like Finland and Sweden. For the nine months ended Sept. 31, the company reported international revenue of$32.9 million, up 18% year-over-year (YOY). Meanwhile, total revenue grew to $210 million, up 121% YOY.Triple-digit revenue growth is wildly impressive, and investors have their full focus on Celsius as it works to increase its market share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017011926,"gmtCreate":1649724523931,"gmtModify":1676534557918,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Insightful article, thanks for sharing 🙏","listText":"Insightful article, thanks for sharing 🙏","text":"Insightful article, thanks for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017011926","repostId":"2226330806","repostType":4,"repost":{"id":"2226330806","pubTimestamp":1649722361,"share":"https://ttm.financial/m/news/2226330806?lang=&edition=fundamental","pubTime":"2022-04-12 08:12","market":"us","language":"en","title":"Intel’s $3 Billion Factory Expansion Opens in Key Comeback Step","url":"https://stock-news.laohu8.com/highlight/detail?id=2226330806","media":"Bloomberg","summary":"D1X Oregon facility is heart of Intel’s process developmentChipmaker sticking to pledge to lead indu","content":"<html><head></head><body><ul><li>D1X Oregon facility is heart of Intel’s process development</li><li>Chipmaker sticking to pledge to lead industry by 2025</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5eb53bbffcd7657183697088c68bc609\" tg-width=\"1000\" tg-height=\"562\" width=\"100%\" height=\"auto\"/><span>Intel’s D1X plant in Hillsboro, Oregon.Photographer: Tim Herman/Intel</span></p><p>Intel Corp. announced the opening of a $3 billion extension to its D1X plant in Oregon, an investment aimed at speeding up technology development needed to regain leadership of the chip industry.</p><p>The biggest maker of computer processors reiterated its plan to have better production technology than rivals by 2025 and have its factories reach parity a year earlier than that.</p><p>The 270,000-square-foot extension, an increase of 20% to the D1X facility, demonstrates the chipmaker’s willingness to spend up front to accelerate the use of more advanced production techniques, according to Sanjay Natarajan, an Intel senior vice president. D1X, effectively a giant lab, is now more capable of developing multiple methods of manufacturing in parallel and transferring them to its mass production counterparts within Intel’s network, he said.</p><p>Chief Executive Officer Pat Gelsinger is trying to make up for time lost by his predecessors. How a chip is made determines its capabilities -- how much data it can hold, how quickly it can process that data and how much energy it uses while doing so. Intel was once the unquestioned leader in that field, allowing it to manufacture products that dominated computing and commanded high prices.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c939dfdb02c6b17cc5321bbeeabdacdf\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Pat GelsingerPhotographer: David Paul Morris/Bloomberg</span></p><p>Progress in chip manufacturing is measured in nodes. Intel’s 10-nanometer node was years late and didn’t deliver the promised benefits. That allowed companies such as Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. to offer outsourced production that’s better than the output of Intel’s factories. TSMC and Samsung customers such as Nvidia Corp. and Advanced Micro Devices Inc. have fielded more competitive products and taken share, squeezing Intel’s profitability and holding back growth.</p><p>D1X is spearheading Gelsinger’s plan to reverse that trend. Going from one production node to a more advanced technique typically takes 18 months to two years. Intel is aiming to progress through five nodes in four years to catch and pass its Asian competitors.</p><p>Natarajan and Ryan Russell, the co-general managers of Intel’s logic development efforts, were keen to stress that the company has learned from recent problems. While it’s taking risks with new experimental technology, the company is also making sure that things are done in a modular way -- so that troublesome portions can be shelved or removed -- and that it has backup plans.</p><p>D1X is in Hillsboro, Oregon, west of Portland. The Ronler Acres site, which employs about 14,000 people, is being renamed Gordon Moore Park to honor the company’s co-founder.</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>Intel’s $3 Billion Factory Expansion Opens in Key Comeback Step</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\">\nIntel’s $3 Billion Factory Expansion Opens in Key Comeback Step\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-12 08:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-11/intel-s-3-billion-factory-expansion-opens-in-key-comeback-step?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>D1X Oregon facility is heart of Intel’s process developmentChipmaker sticking to pledge to lead industry by 2025Intel’s D1X plant in Hillsboro, Oregon.Photographer: Tim Herman/IntelIntel Corp. ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-11/intel-s-3-billion-factory-expansion-opens-in-key-comeback-step?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4515":"5G概念","BK4512":"苹果概念","BK4554":"元宇宙及AR概念","BK4535":"淡马锡持仓","BK4527":"明星科技股","INTC":"英特尔","BK4529":"IDC概念","BK4534":"瑞士信贷持仓","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","BK4141":"半导体产品","BK4575":"芯片概念"},"source_url":"https://www.bloomberg.com/news/articles/2022-04-11/intel-s-3-billion-factory-expansion-opens-in-key-comeback-step?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2226330806","content_text":"D1X Oregon facility is heart of Intel’s process developmentChipmaker sticking to pledge to lead industry by 2025Intel’s D1X plant in Hillsboro, Oregon.Photographer: Tim Herman/IntelIntel Corp. announced the opening of a $3 billion extension to its D1X plant in Oregon, an investment aimed at speeding up technology development needed to regain leadership of the chip industry.The biggest maker of computer processors reiterated its plan to have better production technology than rivals by 2025 and have its factories reach parity a year earlier than that.The 270,000-square-foot extension, an increase of 20% to the D1X facility, demonstrates the chipmaker’s willingness to spend up front to accelerate the use of more advanced production techniques, according to Sanjay Natarajan, an Intel senior vice president. D1X, effectively a giant lab, is now more capable of developing multiple methods of manufacturing in parallel and transferring them to its mass production counterparts within Intel’s network, he said.Chief Executive Officer Pat Gelsinger is trying to make up for time lost by his predecessors. How a chip is made determines its capabilities -- how much data it can hold, how quickly it can process that data and how much energy it uses while doing so. Intel was once the unquestioned leader in that field, allowing it to manufacture products that dominated computing and commanded high prices.Pat GelsingerPhotographer: David Paul Morris/BloombergProgress in chip manufacturing is measured in nodes. Intel’s 10-nanometer node was years late and didn’t deliver the promised benefits. That allowed companies such as Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. to offer outsourced production that’s better than the output of Intel’s factories. TSMC and Samsung customers such as Nvidia Corp. and Advanced Micro Devices Inc. have fielded more competitive products and taken share, squeezing Intel’s profitability and holding back growth.D1X is spearheading Gelsinger’s plan to reverse that trend. Going from one production node to a more advanced technique typically takes 18 months to two years. Intel is aiming to progress through five nodes in four years to catch and pass its Asian competitors.Natarajan and Ryan Russell, the co-general managers of Intel’s logic development efforts, were keen to stress that the company has learned from recent problems. While it’s taking risks with new experimental technology, the company is also making sure that things are done in a modular way -- so that troublesome portions can be shelved or removed -- and that it has backup plans.D1X is in Hillsboro, Oregon, west of Portland. The Ronler Acres site, which employs about 14,000 people, is being renamed Gordon Moore Park to honor the company’s co-founder.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9015044477,"gmtCreate":1649399541212,"gmtModify":1676534506142,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice article, thanks for sharing 🙏","listText":"Nice article, thanks for sharing 🙏","text":"Nice article, thanks for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015044477","repostId":"1133070824","repostType":4,"repost":{"id":"1133070824","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":1649399100,"share":"https://ttm.financial/m/news/1133070824?lang=&edition=fundamental","pubTime":"2022-04-08 14:25","market":"us","language":"en","title":"Reminder: Holiday Trading Hours during Good Friday and Easter","url":"https://stock-news.laohu8.com/highlight/detail?id=1133070824","media":"Tiger Newspress","summary":"U.S. stock markets will be closed Friday, April 15in observance of Good Friday.The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.The Securities Industry and Financi","content":"<html><head></head><body><p>U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.</p><p>The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.</p><p>The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.</p><p>U.S. commodities markets including gold and oil futures also won&#39;t be open for trading Friday.</p><p>Singapore stock markets will also close on Good Friday.</p><p>Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.</p><p>A-shares (Northbound) will be closed to April 18 from April 14.</p><p><img src=\"https://static.tigerbbs.com/8d9bbb655e7216a0c27a0cb94e0d0875\" tg-width=\"1482\" tg-height=\"1328\" width=\"100%\" height=\"auto\"/></p><p>Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.</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: Holiday Trading Hours during Good Friday and Easter</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: Holiday Trading Hours during Good Friday and Easter\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\">2022-04-08 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.</p><p>The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.</p><p>The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.</p><p>U.S. commodities markets including gold and oil futures also won&#39;t be open for trading Friday.</p><p>Singapore stock markets will also close on Good Friday.</p><p>Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.</p><p>A-shares (Northbound) will be closed to April 18 from April 14.</p><p><img src=\"https://static.tigerbbs.com/8d9bbb655e7216a0c27a0cb94e0d0875\" tg-width=\"1482\" tg-height=\"1328\" width=\"100%\" height=\"auto\"/></p><p>Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133070824","content_text":"U.S. stock markets will be closed Friday, April 15 in observance of Good Friday.The New York Stock Exchange and the Nasdaq will resume normal trading hours on Monday.The Securities Industry and Financial Markets Association recommended the U.S. bond market close Friday. It also advised that the bond market shutter early on Thursday, April14 at 2 p.m. Eastern.U.S. commodities markets including gold and oil futures also won't be open for trading Friday.Singapore stock markets will also close on Good Friday.Stock markets in Europe, Hong Kong and Australia will close on Good Friday and on Monday in observance of Easter.A-shares (Northbound) will be closed to April 18 from April 14.Good Friday commemorates the crucifixion of Jesus Christ. It isn’t a federal holiday, which means businesses often stay open. Good Friday is the only time U.S. markets close for the day outside of federal holidays.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019397038,"gmtCreate":1648524180188,"gmtModify":1676534350052,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Good article very insightful thanks 🙏","listText":"Good article very insightful thanks 🙏","text":"Good article very insightful thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019397038","repostId":"1141266128","repostType":4,"repost":{"id":"1141266128","pubTimestamp":1648515687,"share":"https://ttm.financial/m/news/1141266128?lang=&edition=fundamental","pubTime":"2022-03-29 09:01","market":"us","language":"en","title":"Cathie Wood's ARK Invest Trades for 3/28: Buy Burning Rock Biotech, Sell Vertex","url":"https://stock-news.laohu8.com/highlight/detail?id=1141266128","media":"24/7 wall street","summary":"Market edged higher to close out Monday on a positive note after a somewhat choppy trading session.A","content":"<html><head></head><body><p>Market edged higher to close out Monday on a positive note after a somewhat choppy trading session.</p><p>ARK Funds pushed higher with one exception. </p><p>ARKW performed the best out of the group, with a 4.5% gain on the day, while ARKX did the worst, down 0.9%.</p><p><b>Cathie Wood&#39;s ARK Invest Buys for 3/28</b></p><p>The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. Here are some notable purchases in this fund: NO BUYS</p><p>ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here are some notable buys in this fund: 34,412 shares of Adaptive Biotechnologies &amp; 164,657 shares of Burning Rock Biotech.</p><p>ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are some notable purchases in this fund: 62,877 shares of Coinbase.</p><p>ARK Autonomous Technology &amp; Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are some notable purchases in the fund: 35,000 share of BYD &amp; 534,829 shares of Matterport.</p><p>ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable purchases in the fund: 43,638 shares of Monday.com.</p><p>Check out all the buys here:</p><p><img src=\"https://static.tigerbbs.com/519ee7a2348aea8e58ac9624993c9282\" tg-width=\"953\" tg-height=\"548\" width=\"100%\" height=\"auto\"/><b>Cathie Wood&#39;s ARK Invest Sells for 3/28</b></p><p>Ark Space Exploration &amp; Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. Notable trades in the fund: 9,118 shares of Garmin &amp; 10,014 shares of Mynaric.</p><p>The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. Here is a notable sale in this fund: NO SALES</p><p>ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here is a notable sale in this fund: 4,771 shares of Vertex Pharma.</p><p>ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are the notable sales in this fund: NO SALES</p><p>ARK Autonomous Technology &amp; Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are a couple of notable trades in the fund: 17,498 shares of Aerovironment.</p><p>ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable sales in this fund: 44,470 shares of Splunk.</p><p>Ark Space Exploration &amp; Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. A notable sale in this fund: 3,518 shares of Aerovironment &amp; 1,509 shares of Thales.</p><p>Check out all the trades here:</p><p><img src=\"https://static.tigerbbs.com/51ee57c779c9cde5747df3627fa8d2a4\" tg-width=\"894\" tg-height=\"487\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"lsy1620372341666","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's ARK Invest Trades for 3/28: Buy Burning Rock Biotech, Sell Vertex</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's ARK Invest Trades for 3/28: Buy Burning Rock Biotech, Sell Vertex\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-29 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://247wallst.com/investing/2022/03/28/cathie-woods-ark-invest-sells-for-3-28/><strong>24/7 wall street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market edged higher to close out Monday on a positive note after a somewhat choppy trading session.ARK Funds pushed higher with one exception. ARKW performed the best out of the group, with a 4.5% ...</p>\n\n<a href=\"https://247wallst.com/investing/2022/03/28/cathie-woods-ark-invest-sells-for-3-28/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://247wallst.com/investing/2022/03/28/cathie-woods-ark-invest-sells-for-3-28/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141266128","content_text":"Market edged higher to close out Monday on a positive note after a somewhat choppy trading session.ARK Funds pushed higher with one exception. ARKW performed the best out of the group, with a 4.5% gain on the day, while ARKX did the worst, down 0.9%.Cathie Wood's ARK Invest Buys for 3/28The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. Here are some notable purchases in this fund: NO BUYSARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here are some notable buys in this fund: 34,412 shares of Adaptive Biotechnologies & 164,657 shares of Burning Rock Biotech.ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are some notable purchases in this fund: 62,877 shares of Coinbase.ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are some notable purchases in the fund: 35,000 share of BYD & 534,829 shares of Matterport.ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable purchases in the fund: 43,638 shares of Monday.com.Check out all the buys here:Cathie Wood's ARK Invest Sells for 3/28Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. Notable trades in the fund: 9,118 shares of Garmin & 10,014 shares of Mynaric.The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. Here is a notable sale in this fund: NO SALESARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here is a notable sale in this fund: 4,771 shares of Vertex Pharma.ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are the notable sales in this fund: NO SALESARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are a couple of notable trades in the fund: 17,498 shares of Aerovironment.ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable sales in this fund: 44,470 shares of Splunk.Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. A notable sale in this fund: 3,518 shares of Aerovironment & 1,509 shares of Thales.Check out all the trades here:","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034587300,"gmtCreate":1647920141183,"gmtModify":1676534280318,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice article thanks for sharing 🙏","listText":"Nice article thanks for sharing 🙏","text":"Nice article thanks for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034587300","repostId":"1145709827","repostType":4,"repost":{"id":"1145709827","pubTimestamp":1647919805,"share":"https://ttm.financial/m/news/1145709827?lang=&edition=fundamental","pubTime":"2022-03-22 11:30","market":"us","language":"en","title":"Cathie Wood's ARK Invest Trades for 3/21:  Buy Shopify and Twilio, Sell Block","url":"https://stock-news.laohu8.com/highlight/detail?id=1145709827","media":"24/7 wall street","summary":"Markets edged lower to start out the week despite hawkish remarks from the Federal Reserve about rai","content":"<html><head></head><body><p>Markets edged lower to start out the week despite hawkish remarks from the Federal Reserve about raising interest rates in the near future. </p><p>ARK Invest funds did not see much trading action in this session but there were losses across the board. </p><p>ARKQ performed the best out of the group, with a 0.6% loss on the day, while ARKG did the worst, down 3.4%. </p><p>The gains from the past year are slowly sliding away, but Cathie Wood may have something up her sleeve, as she is constantly reshuffling her ETFs to stand up to market headwinds.</p><p>Here is a quick look at some of the major purchases and sales that ARK Invest executed on March 21, 2022.</p><p>The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. There was one notable trade in this fund: Buy 32,635 shares of Shopify, Buy 96,978 shares of Twilio, &amp; Sell 281,910 shares of Block.</p><p>ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here are some notable trades in this fund: Buy 52,752 shares of Adaptive Biotechnologies &amp; Sell 7,877 shares of Cellectis.</p><p>ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are some notable trades in this fund: NO TRADES</p><p>ARK Autonomous Technology &amp; Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are some notable trades in the fund: NO TRADES</p><p>ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable trades in the fund: NO TRADES</p><p>Ark Space Exploration &amp; Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. There was one notable purchase in the fund: NO TRADES</p><p>Check out all the trades here:</p><p><img src=\"https://static.tigerbbs.com/c1be977425fb76ea622fba97c3251c37\" tg-width=\"962\" tg-height=\"438\" referrerpolicy=\"no-referrer\"/></p><p>Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.</p></body></html>","source":"lsy1620372341666","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's ARK Invest Trades for 3/21:  Buy Shopify and Twilio, Sell Block</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's ARK Invest Trades for 3/21:  Buy Shopify and Twilio, Sell Block\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://247wallst.com/investing/2022/03/21/cathie-woods-ark-invest-trades-for-3-21/><strong>24/7 wall street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Markets edged lower to start out the week despite hawkish remarks from the Federal Reserve about raising interest rates in the near future. ARK Invest funds did not see much trading action in this ...</p>\n\n<a href=\"https://247wallst.com/investing/2022/03/21/cathie-woods-ark-invest-trades-for-3-21/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKG":"ARK Genomic Revolution ETF","ARKF":"ARK Fintech Innovation ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://247wallst.com/investing/2022/03/21/cathie-woods-ark-invest-trades-for-3-21/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145709827","content_text":"Markets edged lower to start out the week despite hawkish remarks from the Federal Reserve about raising interest rates in the near future. ARK Invest funds did not see much trading action in this session but there were losses across the board. ARKQ performed the best out of the group, with a 0.6% loss on the day, while ARKG did the worst, down 3.4%. The gains from the past year are slowly sliding away, but Cathie Wood may have something up her sleeve, as she is constantly reshuffling her ETFs to stand up to market headwinds.Here is a quick look at some of the major purchases and sales that ARK Invest executed on March 21, 2022.The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. There was one notable trade in this fund: Buy 32,635 shares of Shopify, Buy 96,978 shares of Twilio, & Sell 281,910 shares of Block.ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here are some notable trades in this fund: Buy 52,752 shares of Adaptive Biotechnologies & Sell 7,877 shares of Cellectis.ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are some notable trades in this fund: NO TRADESARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are some notable trades in the fund: NO TRADESARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable trades in the fund: NO TRADESArk Space Exploration & Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. There was one notable purchase in the fund: NO TRADESCheck out all the trades here:Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.","news_type":1},"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008369883,"gmtCreate":1641362602149,"gmtModify":1676533606245,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice 👌&nbsp;","listText":"Nice 👌&nbsp;","text":"Nice 👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008369883","repostId":"1178839494","repostType":2,"repost":{"id":"1178839494","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1641335015,"share":"https://ttm.financial/m/news/1178839494?lang=&edition=fundamental","pubTime":"2022-01-05 06:23","market":"us","language":"en","title":"Charlie Munger Doubles Down On Alibaba In Q4: Does It Flag A Buy Signal?","url":"https://stock-news.laohu8.com/highlight/detail?id=1178839494","media":"Benzinga","summary":"Alibaba Group Holding Limited is among the worst-performing large-cap tech stocks in 2021. The weakn","content":"<html><head></head><body><p><b>Alibaba Group Holding Limited</b> is among the worst-performing large-cap tech stocks in 2021. The weakness did not deter a high-profile investor from bulking up on the shares of the Chinese e-commerce giant.</p><p><b>What Happened:</b>The <b>Charlie Munger</b>-run Daily Journal almost doubled its stake in Alibaba in the fourth quarter, according to a 13F filing by the hedge fund.</p><p>At the end of the fourth quarter, Daily Journal owned 602,060 shares in Alibaba valued at $$71.52 million. This compares to the 302,060 shares the fund held at the end of the third quarter. Its stakes in other companies were unchanged in the fourth quarter.</p><p>Daily Journal also has positions in U.S. financial services firms <b>Bank of America Corp.</b>,<b>US Bancorp</b> and <b>Wells Fargo &amp; Company</b>, as well as South Korean steel giant <b>POSCO</b>.</p><p><b>Why It&#39;s Important:</b>Munger is billionaire investor <b>Warren Buffett</b>&#39;s right-hand man and the vice chairman of <b>Berkshire Hathaway Inc.</b>.</p><p>The Daily Journal started off as a legal newspaper but is now transitioning to become a software company to local court systems. The company uses its cash holdings to invest in equities.</p><p>Daily Journal first took a position in Alibaba in the first quarter of 2021 by buying 165,000 shares worth about $37 million.</p><p>Alibaba&#39;s shares nosedived in 2021. After hitting an all-time high of $319.32 in late October 2020, the stock has gone downhill. It lost a whopping 49% in 2021 alone.</p><p>For Daily Journal, Alibaba could turn out to be a bargain buy.</p><p>The average analyst rating for Alibaba shares is a Buy and the average price target is $209.60, according to the Yahoo database.</p><p><b>BABA Price Action:</b>Alibaba ended Tuesday&#39;s session down 0.7% at $119.56.</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>Charlie Munger Doubles Down On Alibaba In Q4: Does It Flag A Buy Signal?</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\">\nCharlie Munger Doubles Down On Alibaba In Q4: Does It Flag A Buy Signal?\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-01-05 06:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>Alibaba Group Holding Limited</b> is among the worst-performing large-cap tech stocks in 2021. The weakness did not deter a high-profile investor from bulking up on the shares of the Chinese e-commerce giant.</p><p><b>What Happened:</b>The <b>Charlie Munger</b>-run Daily Journal almost doubled its stake in Alibaba in the fourth quarter, according to a 13F filing by the hedge fund.</p><p>At the end of the fourth quarter, Daily Journal owned 602,060 shares in Alibaba valued at $$71.52 million. This compares to the 302,060 shares the fund held at the end of the third quarter. Its stakes in other companies were unchanged in the fourth quarter.</p><p>Daily Journal also has positions in U.S. financial services firms <b>Bank of America Corp.</b>,<b>US Bancorp</b> and <b>Wells Fargo &amp; Company</b>, as well as South Korean steel giant <b>POSCO</b>.</p><p><b>Why It&#39;s Important:</b>Munger is billionaire investor <b>Warren Buffett</b>&#39;s right-hand man and the vice chairman of <b>Berkshire Hathaway Inc.</b>.</p><p>The Daily Journal started off as a legal newspaper but is now transitioning to become a software company to local court systems. The company uses its cash holdings to invest in equities.</p><p>Daily Journal first took a position in Alibaba in the first quarter of 2021 by buying 165,000 shares worth about $37 million.</p><p>Alibaba&#39;s shares nosedived in 2021. After hitting an all-time high of $319.32 in late October 2020, the stock has gone downhill. It lost a whopping 49% in 2021 alone.</p><p>For Daily Journal, Alibaba could turn out to be a bargain buy.</p><p>The average analyst rating for Alibaba shares is a Buy and the average price target is $209.60, according to the Yahoo database.</p><p><b>BABA Price Action:</b>Alibaba ended Tuesday&#39;s session down 0.7% at $119.56.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178839494","content_text":"Alibaba Group Holding Limited is among the worst-performing large-cap tech stocks in 2021. The weakness did not deter a high-profile investor from bulking up on the shares of the Chinese e-commerce giant.What Happened:The Charlie Munger-run Daily Journal almost doubled its stake in Alibaba in the fourth quarter, according to a 13F filing by the hedge fund.At the end of the fourth quarter, Daily Journal owned 602,060 shares in Alibaba valued at $$71.52 million. This compares to the 302,060 shares the fund held at the end of the third quarter. Its stakes in other companies were unchanged in the fourth quarter.Daily Journal also has positions in U.S. financial services firms Bank of America Corp.,US Bancorp and Wells Fargo & Company, as well as South Korean steel giant POSCO.Why It's Important:Munger is billionaire investor Warren Buffett's right-hand man and the vice chairman of Berkshire Hathaway Inc..The Daily Journal started off as a legal newspaper but is now transitioning to become a software company to local court systems. The company uses its cash holdings to invest in equities.Daily Journal first took a position in Alibaba in the first quarter of 2021 by buying 165,000 shares worth about $37 million.Alibaba's shares nosedived in 2021. After hitting an all-time high of $319.32 in late October 2020, the stock has gone downhill. It lost a whopping 49% in 2021 alone.For Daily Journal, Alibaba could turn out to be a bargain buy.The average analyst rating for Alibaba shares is a Buy and the average price target is $209.60, according to the Yahoo database.BABA Price Action:Alibaba ended Tuesday's session down 0.7% at $119.56.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335393227255872,"gmtCreate":1722912954915,"gmtModify":1722912960534,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; Apple shares are a good buy depends on several factors, including your investment goals, risk tolerance, and market conditions. An general overview on my point of view would be as follows: 1. **Berkshire's Decision**: Berkshire Hathaway, led by Warren Buffett, is known for its long-term investment strategy. If they decide to offload a significant portion of their Apple shares, it could be due to various reasons, such as rebalancing their portfolio, seeking diversification, or taking profits after a strong performance. 2. **Apple's Fundamentals**: Consider Apple's financial health, product lineup, market position, and growth prospects. Apple's strong brand, innovation in technology, and diversifie","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; Apple shares are a good buy depends on several factors, including your investment goals, risk tolerance, and market conditions. An general overview on my point of view would be as follows: 1. **Berkshire's Decision**: Berkshire Hathaway, led by Warren Buffett, is known for its long-term investment strategy. If they decide to offload a significant portion of their Apple shares, it could be due to various reasons, such as rebalancing their portfolio, seeking diversification, or taking profits after a strong performance. 2. **Apple's Fundamentals**: Consider Apple's financial health, product lineup, market position, and growth prospects. Apple's strong brand, innovation in technology, and diversifie","text":"$Apple(AAPL)$ Apple shares are a good buy depends on several factors, including your investment goals, risk tolerance, and market conditions. An general overview on my point of view would be as follows: 1. **Berkshire's Decision**: Berkshire Hathaway, led by Warren Buffett, is known for its long-term investment strategy. If they decide to offload a significant portion of their Apple shares, it could be due to various reasons, such as rebalancing their portfolio, seeking diversification, or taking profits after a strong performance. 2. **Apple's Fundamentals**: Consider Apple's financial health, product lineup, market position, and growth prospects. Apple's strong brand, innovation in technology, and diversifie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/335393227255872","isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274802455671","authorId":"3479274802455671","name":"frosti","avatar":"https://static.tigerbbs.com/8d59e7c960eef6f97257cc799768d81e","crmLevel":1,"crmLevelSwitch":0,"idStr":"3479274802455671","authorIdStr":"3479274802455671"},"content":"warren Buffet still owns 400 mil shares of apple. don't panic. load up!","text":"warren Buffet still owns 400 mil shares of apple. don't panic. load up!","html":"warren Buffet still owns 400 mil shares of apple. don't panic. load up!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069725548,"gmtCreate":1651366329013,"gmtModify":1676534894751,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Very insightful thanks 🙏","listText":"Very insightful thanks 🙏","text":"Very insightful thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069725548","repostId":"2231239362","repostType":4,"repost":{"id":"2231239362","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":1651331188,"share":"https://ttm.financial/m/news/2231239362?lang=&edition=fundamental","pubTime":"2022-04-30 23:06","market":"us","language":"en","title":"Berkshire Hathaway “Will Always Have a Lot of Cash”: Warren Buffett","url":"https://stock-news.laohu8.com/highlight/detail?id=2231239362","media":"Dow Jones","summary":"Berkshire Hathaway Inc. went on a roughly $40 billion securities buying spree between Feb. 21 and Ma","content":"<html><head></head><body><p>Berkshire Hathaway Inc. went on a roughly $40 billion securities buying spree between Feb. 21 and March 15, but has since reverted back to its more &#34;lethargic&#34; pace, Chairman and CEO Warren Buffett told shareholders at the conglomerate&#39;s annual meeting Saturday.</p><p>Buffett went on to note that Berkshire still ended the first quarter with around $103 billion in cash versus around $144 billion at the end of 2021.</p><p>While there&#39;s a lot of focus on Berkshire&#39;s cash pile, Buffett said the company &#34;will always have a lot of cash,&#34; adding that rather than commercial paper or other holdings, most of it will remain parked in highly liquid Treasury bills.</p><p>Buffett said the desire for a big cushion is because there have been a &#34;few times in history where if you don&#39;t have it you don&#39;t get to play the next day.&#34;</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>Berkshire Hathaway “Will Always Have a Lot of Cash”: Warren Buffett</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway “Will Always Have a Lot of Cash”: Warren Buffett\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\">2022-04-30 23:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Berkshire Hathaway Inc. went on a roughly $40 billion securities buying spree between Feb. 21 and March 15, but has since reverted back to its more &#34;lethargic&#34; pace, Chairman and CEO Warren Buffett told shareholders at the conglomerate&#39;s annual meeting Saturday.</p><p>Buffett went on to note that Berkshire still ended the first quarter with around $103 billion in cash versus around $144 billion at the end of 2021.</p><p>While there&#39;s a lot of focus on Berkshire&#39;s cash pile, Buffett said the company &#34;will always have a lot of cash,&#34; adding that rather than commercial paper or other holdings, most of it will remain parked in highly liquid Treasury bills.</p><p>Buffett said the desire for a big cushion is because there have been a &#34;few times in history where if you don&#39;t have it you don&#39;t get to play the next day.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","BK4183":"个人用品","FWRG":"First Watch Restaurant Group, Inc.","TERN":"Terns Pharmaceuticals, Inc.","BK4539":"次新股","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4167":"医疗保健技术","BK4191":"家用电器","BK4209":"餐馆","BRK.A":"伯克希尔","OLPX":"Olaplex Holdings, Inc.","BK4534":"瑞士信贷持仓","BK4176":"多领域控股","BK4581":"高盛持仓","BRK.B":"伯克希尔B","HCTI":"Healthcare Triangle, Inc.","BK4007":"制药"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2231239362","content_text":"Berkshire Hathaway Inc. went on a roughly $40 billion securities buying spree between Feb. 21 and March 15, but has since reverted back to its more \"lethargic\" pace, Chairman and CEO Warren Buffett told shareholders at the conglomerate's annual meeting Saturday.Buffett went on to note that Berkshire still ended the first quarter with around $103 billion in cash versus around $144 billion at the end of 2021.While there's a lot of focus on Berkshire's cash pile, Buffett said the company \"will always have a lot of cash,\" adding that rather than commercial paper or other holdings, most of it will remain parked in highly liquid Treasury bills.Buffett said the desire for a big cushion is because there have been a \"few times in history where if you don't have it you don't get to play the next day.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9069725342,"gmtCreate":1651366297513,"gmtModify":1676534894736,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Very insightful thanks 🙏","listText":"Very insightful thanks 🙏","text":"Very insightful thanks 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069725342","repostId":"1191701836","repostType":4,"repost":{"id":"1191701836","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":1651332063,"share":"https://ttm.financial/m/news/1191701836?lang=&edition=fundamental","pubTime":"2022-04-30 23:21","market":"us","language":"en","title":"Warren Buffett: We Didn't Repurchase Any Berkshire Stock in April","url":"https://stock-news.laohu8.com/highlight/detail?id=1191701836","media":"Tiger Newspress","summary":"Warren Buffett hasn't used the market pullback in April to repurchase any shares of Berkshire Hathaw","content":"<html><head></head><body><p>Warren Buffett hasn&#39;t used the market pullback in April to repurchase any shares of Berkshire Hathaway, perhaps a signal he expects more volatility ahead amid rising interest rates and nagging inflationary pressures.</p><p>&#34;We haven&#39;t repurchased any shares at all in April,&#34; Buffett said at the Berkshire Hathaway annual meeting on Saturday. &#34;We&#39;re back somewhat to our more lethargic mood, but anything could change for sure.&#34;</p><p>Berkshire has made massive repurchases of Berkshire stock in the past but has also taken years-long breaks from the practice The company repurchased $3.2 billion of its own stock in the first quarter.</p><p>More recently, Berkshire shares haven&#39;t been immune to the broader market pullback.</p><p>Shares of Berkshire&#39;s class A and class B shares are down about 6.2% so far in the month, outperforming the 8% drop in the S&amp;P 500.</p><p>While Buffett has temporarily stopped buying Berkshire shares, he continues to bet big elsewhere.</p><p>Buffett bought $51 billion in stock in the first quarter, according to the company&#39;s latest earnings release.</p><p>The billionaire investor&#39;s empire upped stakes in oil giants <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a> and <a href=\"https://laohu8.com/S/CVX\">Chevron</a> while also investing $4.2 billion to become the largest investor in computing leader <a href=\"https://laohu8.com/S/HPQ\">HP Inc.</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>Warren Buffett: We Didn't Repurchase Any Berkshire Stock in April</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett: We Didn't Repurchase Any Berkshire Stock in April\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\">2022-04-30 23:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett hasn&#39;t used the market pullback in April to repurchase any shares of Berkshire Hathaway, perhaps a signal he expects more volatility ahead amid rising interest rates and nagging inflationary pressures.</p><p>&#34;We haven&#39;t repurchased any shares at all in April,&#34; Buffett said at the Berkshire Hathaway annual meeting on Saturday. &#34;We&#39;re back somewhat to our more lethargic mood, but anything could change for sure.&#34;</p><p>Berkshire has made massive repurchases of Berkshire stock in the past but has also taken years-long breaks from the practice The company repurchased $3.2 billion of its own stock in the first quarter.</p><p>More recently, Berkshire shares haven&#39;t been immune to the broader market pullback.</p><p>Shares of Berkshire&#39;s class A and class B shares are down about 6.2% so far in the month, outperforming the 8% drop in the S&amp;P 500.</p><p>While Buffett has temporarily stopped buying Berkshire shares, he continues to bet big elsewhere.</p><p>Buffett bought $51 billion in stock in the first quarter, according to the company&#39;s latest earnings release.</p><p>The billionaire investor&#39;s empire upped stakes in oil giants <a href=\"https://laohu8.com/S/OXY\">Occidental Petroleum</a> and <a href=\"https://laohu8.com/S/CVX\">Chevron</a> while also investing $4.2 billion to become the largest investor in computing leader <a href=\"https://laohu8.com/S/HPQ\">HP Inc.</a>.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191701836","content_text":"Warren Buffett hasn't used the market pullback in April to repurchase any shares of Berkshire Hathaway, perhaps a signal he expects more volatility ahead amid rising interest rates and nagging inflationary pressures.\"We haven't repurchased any shares at all in April,\" Buffett said at the Berkshire Hathaway annual meeting on Saturday. \"We're back somewhat to our more lethargic mood, but anything could change for sure.\"Berkshire has made massive repurchases of Berkshire stock in the past but has also taken years-long breaks from the practice The company repurchased $3.2 billion of its own stock in the first quarter.More recently, Berkshire shares haven't been immune to the broader market pullback.Shares of Berkshire's class A and class B shares are down about 6.2% so far in the month, outperforming the 8% drop in the S&P 500.While Buffett has temporarily stopped buying Berkshire shares, he continues to bet big elsewhere.Buffett bought $51 billion in stock in the first quarter, according to the company's latest earnings release.The billionaire investor's empire upped stakes in oil giants Occidental Petroleum and Chevron while also investing $4.2 billion to become the largest investor in computing leader HP Inc..","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9084969172,"gmtCreate":1650794573904,"gmtModify":1676534794405,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582799148579670","authorIdStr":"3582799148579670"},"themes":[],"htmlText":"Nice article thanks for sharing 🙏","listText":"Nice article thanks for sharing 🙏","text":"Nice article thanks for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084969172","repostId":"1180044728","repostType":2,"repost":{"id":"1180044728","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1650777464,"share":"https://ttm.financial/m/news/1180044728?lang=&edition=fundamental","pubTime":"2022-04-24 13:17","market":"us","language":"en","title":"Warren Buffett Turns 91: A Highlight For Each Decade Of His Life","url":"https://stock-news.laohu8.com/highlight/detail?id=1180044728","media":"Benzinga","summary":"Legendary investor Warren Buffett was born Aug. 30, 1930. The “Oracle of Omaha” turns 91 today and h","content":"<html><head></head><body><p><i>Legendary investor</i> <i><b>Warren Buffett</b></i> <i>was born Aug. 30, 1930. The “Oracle of Omaha” turns 91 today and has now lived through 10 decades.</i></p><p><img src=\"https://static.tigerbbs.com/cd569a86b7d1c849ffdd55a3a194a437\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><i>Buffett has been one of the greatest investors of the last six decades and remains the active chairman of</i> <i><b>Berkshire Hathaway</b></i> <i>(NYSE:BRK-A)(NYSE:BRK-B). This article will showcase a highlight from each decade of Buffett’s personal and investment career.</i></p><p><b>1930:</b>Warren Buffett was born Aug. 30, 1930. His father Howard was a former stockbroker, which would have a huge influence on Buffett’s decision to get involved with the business.</p><p><b>1940:</b>Buffett purchased his first stock at the age of 11. The purchase was for three shares of Cities Service Preferred, a natural gas company. Buffett bought the shares at $38 only to see them soon drop to $27 each. He waited until they hit $40 to sell for a profit. Shares later hit $200 each, which Buffett has since cited as a lesson on patience in investing.</p><p><b>1950:</b>Despite his growing wealth, Buffett has lived in the same house in Nebraska, Omaha since 1958. The home was purchased for $31,500. Adjusted for inflation, that would be the equivalent of over $280,000 today.</p><p><b>1960:</b>By the year 1965, Buffett had assumed control of textiles company Berkshire Hathaway thanks to acquiring 49%. He became a director of the company and would work on gaining full control and also diversifying the company away from textiles.</p><p><b>1970:</b> Buffett became the author of the annual Berkshire Hathaway letters in the 1970s. These letters are considered must-reads for investors and every year, what Buffett writes to shareholders is analyzed with great detail. The letters include explanations for investments or why items were sold. The letters also include life lessons and memorable quotes from the “Oracle of Omaha.”</p><p><b>1980:</b>In 1988, Buffett started accumulating shares of <b>Coca-Cola</b> for Berkshire Hathaway. After several large purchases, Berkshire Hathaway owned 7% of the company worth $1.02 billion. Buffett has a long history with Coca-Cola, once selling bottles for a penny profit. Berkshire Hathaway still owns 800 million shares of KO, worth nearly $18 billion.</p><p><b>1990:</b>Geico insurance has been one of the biggest pieces for Berkshire Hathaway since it acquired full control in the 1990s. Berkshire acquired the insurance company by buying out the 49% it did not own up until this point.</p><p>Buffett had been an investor of Geico shares dating back to 1951. Benjamin Graham, Buffett’s mentor and professor, was once the chairman of Geico. The insurance company is forever linked to two of the most well-known investors.</p><p><b>2000:</b>The 2000s represented a great period of fortune and giving for Warren Buffett. In 2008, Buffett became the richest man in the world, with Forbes valuing his wealth at $62 billion. Buffett took over the top spot from <b>Microsoft</b> founder Bill Gates, who had held the number one position for thirteen consecutive years. Buffett pledged in 2006 to give away the majority of his wealth after his death, including 85% to the Bill and Melinda Gates Foundation.</p><p><b>2010:</b>Berkshire Hathaway started buying stock in <b>Apple</b> in 2016. Buffett has since admitted he wishes he would have bought shares earlier.</p><p>“It’s probably the best business I know in the world,” Buffett told CNBC. Berkshire bought shares of Apple again throughout the decade to make it one of the biggest pieces of the investment portfolio.</p><p>“I don’t think of Apple as a stock. I think of it as a third business,” Buffett told CNBC referring to Apple being the company’s third-biggest holding behind Geico and railroad interests.</p><p><b>2020:</b>Warren Buffett showed an investor lesson when he sold out of his stake in the big four airlines. A longtime vocal non-supporter of buying airline stocks, he sold his stake worth around $7 billion at a loss.</p><p>He ditched his stakes in <b>American Airlines</b>, <b>Delta Air Lines</b>, <b>Southwest Airlines</b>, and <b>United Airlines</b> believing passenger numbers would not recover after the pandemic. He also cited carriers could be left with too many planes and would be hurt financially due to government loans.</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>Warren Buffett Turns 91: A Highlight For Each Decade Of His Life</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett Turns 91: A Highlight For Each Decade Of His Life\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-04-24 13:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><i>Legendary investor</i> <i><b>Warren Buffett</b></i> <i>was born Aug. 30, 1930. The “Oracle of Omaha” turns 91 today and has now lived through 10 decades.</i></p><p><img src=\"https://static.tigerbbs.com/cd569a86b7d1c849ffdd55a3a194a437\" tg-width=\"685\" tg-height=\"375\" width=\"100%\" height=\"auto\"/></p><p><i>Buffett has been one of the greatest investors of the last six decades and remains the active chairman of</i> <i><b>Berkshire Hathaway</b></i> <i>(NYSE:BRK-A)(NYSE:BRK-B). This article will showcase a highlight from each decade of Buffett’s personal and investment career.</i></p><p><b>1930:</b>Warren Buffett was born Aug. 30, 1930. His father Howard was a former stockbroker, which would have a huge influence on Buffett’s decision to get involved with the business.</p><p><b>1940:</b>Buffett purchased his first stock at the age of 11. The purchase was for three shares of Cities Service Preferred, a natural gas company. Buffett bought the shares at $38 only to see them soon drop to $27 each. He waited until they hit $40 to sell for a profit. Shares later hit $200 each, which Buffett has since cited as a lesson on patience in investing.</p><p><b>1950:</b>Despite his growing wealth, Buffett has lived in the same house in Nebraska, Omaha since 1958. The home was purchased for $31,500. Adjusted for inflation, that would be the equivalent of over $280,000 today.</p><p><b>1960:</b>By the year 1965, Buffett had assumed control of textiles company Berkshire Hathaway thanks to acquiring 49%. He became a director of the company and would work on gaining full control and also diversifying the company away from textiles.</p><p><b>1970:</b> Buffett became the author of the annual Berkshire Hathaway letters in the 1970s. These letters are considered must-reads for investors and every year, what Buffett writes to shareholders is analyzed with great detail. The letters include explanations for investments or why items were sold. The letters also include life lessons and memorable quotes from the “Oracle of Omaha.”</p><p><b>1980:</b>In 1988, Buffett started accumulating shares of <b>Coca-Cola</b> for Berkshire Hathaway. After several large purchases, Berkshire Hathaway owned 7% of the company worth $1.02 billion. Buffett has a long history with Coca-Cola, once selling bottles for a penny profit. Berkshire Hathaway still owns 800 million shares of KO, worth nearly $18 billion.</p><p><b>1990:</b>Geico insurance has been one of the biggest pieces for Berkshire Hathaway since it acquired full control in the 1990s. Berkshire acquired the insurance company by buying out the 49% it did not own up until this point.</p><p>Buffett had been an investor of Geico shares dating back to 1951. Benjamin Graham, Buffett’s mentor and professor, was once the chairman of Geico. The insurance company is forever linked to two of the most well-known investors.</p><p><b>2000:</b>The 2000s represented a great period of fortune and giving for Warren Buffett. In 2008, Buffett became the richest man in the world, with Forbes valuing his wealth at $62 billion. Buffett took over the top spot from <b>Microsoft</b> founder Bill Gates, who had held the number one position for thirteen consecutive years. Buffett pledged in 2006 to give away the majority of his wealth after his death, including 85% to the Bill and Melinda Gates Foundation.</p><p><b>2010:</b>Berkshire Hathaway started buying stock in <b>Apple</b> in 2016. Buffett has since admitted he wishes he would have bought shares earlier.</p><p>“It’s probably the best business I know in the world,” Buffett told CNBC. Berkshire bought shares of Apple again throughout the decade to make it one of the biggest pieces of the investment portfolio.</p><p>“I don’t think of Apple as a stock. I think of it as a third business,” Buffett told CNBC referring to Apple being the company’s third-biggest holding behind Geico and railroad interests.</p><p><b>2020:</b>Warren Buffett showed an investor lesson when he sold out of his stake in the big four airlines. A longtime vocal non-supporter of buying airline stocks, he sold his stake worth around $7 billion at a loss.</p><p>He ditched his stakes in <b>American Airlines</b>, <b>Delta Air Lines</b>, <b>Southwest Airlines</b>, and <b>United Airlines</b> believing passenger numbers would not recover after the pandemic. He also cited carriers could be left with too many planes and would be hurt financially due to government loans.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180044728","content_text":"Legendary investor Warren Buffett was born Aug. 30, 1930. The “Oracle of Omaha” turns 91 today and has now lived through 10 decades.Buffett has been one of the greatest investors of the last six decades and remains the active chairman of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B). This article will showcase a highlight from each decade of Buffett’s personal and investment career.1930:Warren Buffett was born Aug. 30, 1930. His father Howard was a former stockbroker, which would have a huge influence on Buffett’s decision to get involved with the business.1940:Buffett purchased his first stock at the age of 11. The purchase was for three shares of Cities Service Preferred, a natural gas company. Buffett bought the shares at $38 only to see them soon drop to $27 each. He waited until they hit $40 to sell for a profit. Shares later hit $200 each, which Buffett has since cited as a lesson on patience in investing.1950:Despite his growing wealth, Buffett has lived in the same house in Nebraska, Omaha since 1958. The home was purchased for $31,500. Adjusted for inflation, that would be the equivalent of over $280,000 today.1960:By the year 1965, Buffett had assumed control of textiles company Berkshire Hathaway thanks to acquiring 49%. He became a director of the company and would work on gaining full control and also diversifying the company away from textiles.1970: Buffett became the author of the annual Berkshire Hathaway letters in the 1970s. These letters are considered must-reads for investors and every year, what Buffett writes to shareholders is analyzed with great detail. The letters include explanations for investments or why items were sold. The letters also include life lessons and memorable quotes from the “Oracle of Omaha.”1980:In 1988, Buffett started accumulating shares of Coca-Cola for Berkshire Hathaway. After several large purchases, Berkshire Hathaway owned 7% of the company worth $1.02 billion. Buffett has a long history with Coca-Cola, once selling bottles for a penny profit. Berkshire Hathaway still owns 800 million shares of KO, worth nearly $18 billion.1990:Geico insurance has been one of the biggest pieces for Berkshire Hathaway since it acquired full control in the 1990s. Berkshire acquired the insurance company by buying out the 49% it did not own up until this point.Buffett had been an investor of Geico shares dating back to 1951. Benjamin Graham, Buffett’s mentor and professor, was once the chairman of Geico. The insurance company is forever linked to two of the most well-known investors.2000:The 2000s represented a great period of fortune and giving for Warren Buffett. In 2008, Buffett became the richest man in the world, with Forbes valuing his wealth at $62 billion. Buffett took over the top spot from Microsoft founder Bill Gates, who had held the number one position for thirteen consecutive years. Buffett pledged in 2006 to give away the majority of his wealth after his death, including 85% to the Bill and Melinda Gates Foundation.2010:Berkshire Hathaway started buying stock in Apple in 2016. Buffett has since admitted he wishes he would have bought shares earlier.“It’s probably the best business I know in the world,” Buffett told CNBC. Berkshire bought shares of Apple again throughout the decade to make it one of the biggest pieces of the investment portfolio.“I don’t think of Apple as a stock. I think of it as a third business,” Buffett told CNBC referring to Apple being the company’s third-biggest holding behind Geico and railroad interests.2020:Warren Buffett showed an investor lesson when he sold out of his stake in the big four airlines. A longtime vocal non-supporter of buying airline stocks, he sold his stake worth around $7 billion at a loss.He ditched his stakes in American Airlines, Delta Air Lines, Southwest Airlines, and United Airlines believing passenger numbers would not recover after the pandemic. He also cited carriers could be left with too many planes and would be hurt financially due to government loans.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}