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2022-06-08

$Corsair Gaming, Inc.(CRSR)$woooooooooaaaaaaaww

2022-06-08

$Corsair Gaming, Inc.(CRSR)$wooooooooooaaaaaaaaw

2022-05-10

$Corsair Gaming, Inc.(CRSR)$woooooooooooooaaaaaaaaaaaaw

2022-05-10

$Corsair Gaming, Inc.(CRSR)$woooooooooooooaaaaaaaaaaaw

2022-04-18

$Corsair Gaming, Inc.(CRSR)$wooooooooooooooooaaaaaaaw

2022-04-18

$Corsair Gaming, Inc.(CRSR)$woooooòoooooaaaw

2022-02-04

$Corsair Gaming, Inc.(CRSR)$woooooooooooaaaaaaw

2022-02-04

$Corsair Gaming, Inc.(CRSR)$woooooooooooaaaaaaaaaw

2022-01-11

$Corsair Gaming, Inc.(CRSR)$woooooooaaaaaaw

2021-09-22

$Corsair Gaming, Inc.(CRSR)$woooooooaaaaw

2021-09-22

woooooooaaaaw

Wall Street ends near flat on cautious note ahead of Fed

2021-09-21

$Corsair Gaming, Inc.(CRSR)$wooooooooaaaaw

2021-09-21

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Toplines Before US Market Open on Tuesday

2021-09-16

$Corsair Gaming, Inc.(CRSR)$woooooooooaw

2021-09-16

$Corsair Gaming, Inc.(CRSR)$woooooooooaaaw

2021-09-16

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Sorry, the original content has been removed

2021-09-15

$AMC Entertainment(AMC)$wooooooaaaw

2021-09-15

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U.S. stocks close lower on worries over recovery, corporate tax hikes

2021-09-14

$Corsair Gaming, Inc.(CRSR)$wooooooooooaaaaw

2021-09-14

$Corsair Gaming, Inc.(CRSR)$wooooooooaaaw

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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":1632256994,"share":"https://ttm.financial/m/news/2169324976?lang=&edition=fundamental","pubTime":"2021-09-22 04:43","market":"us","language":"en","title":"Wall Street ends near flat on cautious note ahead of Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2169324976","media":"Reuters","summary":"NEW YORK, Sept 21  - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.Trading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.Shares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta var","content":"<p>NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over&nbsp;caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.</p>\n<p>Trading was choppy, with the Dow and S&amp;P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.</p>\n<p>Shares of Walt Disney Co&nbsp;fell 4.2% and were the biggest drag on both the S&amp;P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.</p>\n<p>Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.</p>\n<p>Officials will reveal new projections as investors also are on alert for any timing on rate tightening.</p>\n<p>The Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&amp;P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.</p>\n<p>S&amp;P 500 industrials&nbsp;led losses among sectors.</p>\n<p>Adding to late-day bearishness, shares of American Airlines Group Inc&nbsp;and JetBlue Airways Corp&nbsp;fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.</p>\n<p>The S&amp;P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.</p>\n<p>Analysts say a breach of the index's 200-day moving average may now be in sight.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.</p>\n<p>Volume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends near flat on cautious note ahead of Fed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends near flat on cautious note ahead of Fed\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\">2021-09-22 04:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over&nbsp;caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.</p>\n<p>Trading was choppy, with the Dow and S&amp;P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.</p>\n<p>Shares of Walt Disney Co&nbsp;fell 4.2% and were the biggest drag on both the S&amp;P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.</p>\n<p>Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.</p>\n<p>Officials will reveal new projections as investors also are on alert for any timing on rate tightening.</p>\n<p>The Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&amp;P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.</p>\n<p>S&amp;P 500 industrials&nbsp;led losses among sectors.</p>\n<p>Adding to late-day bearishness, shares of American Airlines Group Inc&nbsp;and JetBlue Airways Corp&nbsp;fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.</p>\n<p>The S&amp;P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.</p>\n<p>Analysts say a breach of the index's 200-day moving average may now be in sight.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.</p>\n<p>Volume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","DJX":"1/100道琼斯","SPY":"标普500ETF","DDM":"道指两倍做多ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","DXD":"道指两倍做空ETF","SQQQ":"纳指三倍做空ETF","IVV":"标普500指数ETF","UDOW":"道指三倍做多ETF-ProShares","SDOW":"道指三倍做空ETF-ProShares","DOG":"道指反向ETF","PSQ":"纳指反向ETF","UPRO":"三倍做多标普500ETF","QLD":"纳指两倍做多ETF","SH":"标普500反向ETF",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"标普100","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","QID":"纳指两倍做空ETF","QQQ":"纳指100ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169324976","content_text":"NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.\nTrading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.\nShares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.\nInvestors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.\nOfficials will reveal new projections as investors also are on alert for any timing on rate tightening.\nThe Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.\nS&P 500 industrials led losses among sectors.\nAdding to late-day bearishness, shares of American Airlines Group Inc and JetBlue Airways Corp fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.\nThe S&P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.\nAnalysts say a breach of the index's 200-day moving average may now be in sight.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.\nThe S&P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.\nVolume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869030954,"gmtCreate":1632225657278,"gmtModify":1676530728362,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>wooooooooaaaaw","listText":"<a href=\"https://laohu8.com/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>wooooooooaaaaw","text":"$Corsair Gaming, Inc.(CRSR)$wooooooooaaaaw","images":[{"img":"https://static.tigerbbs.com/7d2243287bb92c52fd8cc26a4904051c","width":"1080","height":"2559"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869030954","isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869097621,"gmtCreate":1632225551463,"gmtModify":1676530728336,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wooooooaaaaaw","listText":"wooooooaaaaaw","text":"wooooooaaaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869097621","repostId":"1152381132","repostType":4,"repost":{"id":"1152381132","kind":"news","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":1632223927,"share":"https://ttm.financial/m/news/1152381132?lang=&edition=fundamental","pubTime":"2021-09-21 19:32","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1152381132","media":"Tiger Newspress","summary":"U.S. stock futures are up.\nOil ends days of losses.\nKey central bank meetings this week in US, Brita","content":"<ul>\n <li>U.S. stock futures are up.</li>\n <li>Oil ends days of losses.</li>\n <li>Key central bank meetings this week in US, Britain, Japan.</li>\n</ul>\n<p>(Sept 21)&nbsp;U.S. stock futures are up,&nbsp;suggesting markets are poised to rebound&nbsp;a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.</p>\n<p>At 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&amp;P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109&nbsp;points, or 0.73%.</p>\n<p><img src=\"https://static.tigerbbs.com/7fffdf1b0c371cce64957069d1ca4fc9\" tg-width=\"1235\" tg-height=\"515\" referrerpolicy=\"no-referrer\">Vix's decline has narrowed, and VIX is currently down by 9.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/0b75218effa7b005d0ef2ecef92e270e\" tg-width=\"1110\" tg-height=\"563\" referrerpolicy=\"no-referrer\"><b>What to Watch When the Stock Market Opens Today:</b></p>\n<ul>\n <li>U.S.-listed Chinese stocks start to recover from Monday’s slump in&nbsp;premarket&nbsp;trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.</li>\n <li><a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies&nbsp;rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.</li>\n <li>Uber’s riva&nbsp;lLyft&nbsp;added 1.9% in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/USB\">U.S. Bancorp</a>&nbsp;shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the <a href=\"https://laohu8.com/S/WSTC\">West</a> Coast, for about $8 billion.</li>\n <li><a href=\"https://laohu8.com/S/LEN\">Lennar</a> .&nbsp;fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.</li>\n <li><a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>&nbsp;ticked up 1% after the oil-and-gas company said it hadagreed to buy all of <a href=\"https://laohu8.com/S/RGLD\">Royal</a> Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.</li>\n <li><a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleum,&nbsp;<a href=\"https://laohu8.com/S/DVN\">Devon</a> EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.</li>\n <li><a href=\"https://laohu8.com/S/DOW\">Dow Chemical</a> gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.</li>\n <li><a href=\"https://laohu8.com/S/VRCA\">Verrica Pharmaceuticals Inc.</a> plunges 30% in&nbsp;premarket&nbsp;trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum</li>\n <li><a href=\"https://laohu8.com/S/RWLK\">ReWalk Robotics</a> shares jump 43% in U.S.&nbsp;premarket&nbsp;trading amid a spike in volume in the stock. Being discussed on StockTwits.</li>\n <li><a href=\"https://laohu8.com/S/APRE\">Aprea Therapeutics, Inc.</a> gains 21% in U.S.&nbsp;premarket&nbsp;trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.</li>\n <li><a href=\"https://laohu8.com/S/SDC\">SmileDirectClub, Inc.</a> slightly higher in&nbsp;premarket&nbsp;trading after it said on Monday that it plans to enter France with an initial location in Paris.</li>\n <li><a href=\"https://laohu8.com/S/KAR\">KAR Auction</a> shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.</li>\n <li><a href=\"https://laohu8.com/S/SRAD\">Sportradar Group AG</a> shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.</li>\n <li><a href=\"https://laohu8.com/S/OEG\">Orbital Energy Group</a> gained 6% postmarket Monday after a unit won a contract &nbsp;to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.</li>\n</ul>\n<p><b>Bitcoin</b> prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.</p>\n<p><b>In FX, </b>the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.</p>\n<p><b>In rates, </b>Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;<b>10-year yields around 1.3226%,</b>cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result</p>\n<p><b>In commodities, </b>crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer</p>\n<p>Looking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.</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>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-21 19:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>U.S. stock futures are up.</li>\n <li>Oil ends days of losses.</li>\n <li>Key central bank meetings this week in US, Britain, Japan.</li>\n</ul>\n<p>(Sept 21)&nbsp;U.S. stock futures are up,&nbsp;suggesting markets are poised to rebound&nbsp;a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.</p>\n<p>At 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&amp;P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109&nbsp;points, or 0.73%.</p>\n<p><img src=\"https://static.tigerbbs.com/7fffdf1b0c371cce64957069d1ca4fc9\" tg-width=\"1235\" tg-height=\"515\" referrerpolicy=\"no-referrer\">Vix's decline has narrowed, and VIX is currently down by 9.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/0b75218effa7b005d0ef2ecef92e270e\" tg-width=\"1110\" tg-height=\"563\" referrerpolicy=\"no-referrer\"><b>What to Watch When the Stock Market Opens Today:</b></p>\n<ul>\n <li>U.S.-listed Chinese stocks start to recover from Monday’s slump in&nbsp;premarket&nbsp;trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.</li>\n <li><a href=\"https://laohu8.com/S/UBER\">Uber</a> Technologies&nbsp;rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.</li>\n <li>Uber’s riva&nbsp;lLyft&nbsp;added 1.9% in premarket trading.</li>\n <li><a href=\"https://laohu8.com/S/USB\">U.S. Bancorp</a>&nbsp;shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the <a href=\"https://laohu8.com/S/WSTC\">West</a> Coast, for about $8 billion.</li>\n <li><a href=\"https://laohu8.com/S/LEN\">Lennar</a> .&nbsp;fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.</li>\n <li><a href=\"https://laohu8.com/S/COP\">ConocoPhillips</a>&nbsp;ticked up 1% after the oil-and-gas company said it hadagreed to buy all of <a href=\"https://laohu8.com/S/RGLD\">Royal</a> Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.</li>\n <li><a href=\"https://laohu8.com/S/OXY\">Occidental</a> Petroleum,&nbsp;<a href=\"https://laohu8.com/S/DVN\">Devon</a> EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.</li>\n <li><a href=\"https://laohu8.com/S/DOW\">Dow Chemical</a> gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.</li>\n <li><a href=\"https://laohu8.com/S/VRCA\">Verrica Pharmaceuticals Inc.</a> plunges 30% in&nbsp;premarket&nbsp;trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum</li>\n <li><a href=\"https://laohu8.com/S/RWLK\">ReWalk Robotics</a> shares jump 43% in U.S.&nbsp;premarket&nbsp;trading amid a spike in volume in the stock. Being discussed on StockTwits.</li>\n <li><a href=\"https://laohu8.com/S/APRE\">Aprea Therapeutics, Inc.</a> gains 21% in U.S.&nbsp;premarket&nbsp;trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.</li>\n <li><a href=\"https://laohu8.com/S/SDC\">SmileDirectClub, Inc.</a> slightly higher in&nbsp;premarket&nbsp;trading after it said on Monday that it plans to enter France with an initial location in Paris.</li>\n <li><a href=\"https://laohu8.com/S/KAR\">KAR Auction</a> shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.</li>\n <li><a href=\"https://laohu8.com/S/SRAD\">Sportradar Group AG</a> shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.</li>\n <li><a href=\"https://laohu8.com/S/OEG\">Orbital Energy Group</a> gained 6% postmarket Monday after a unit won a contract &nbsp;to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.</li>\n</ul>\n<p><b>Bitcoin</b> prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.</p>\n<p><b>In FX, </b>the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.</p>\n<p><b>In rates, </b>Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;<b>10-year yields around 1.3226%,</b>cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result</p>\n<p><b>In commodities, </b>crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer</p>\n<p>Looking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","USB":"美国合众银行",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152381132","content_text":"U.S. stock futures are up.\nOil ends days of losses.\nKey central bank meetings this week in US, Britain, Japan.\n\n(Sept 21) U.S. stock futures are up, suggesting markets are poised to rebound a day after concerns about China’s property sector helped fuel a global selloff in stocks and commodities.\nAt 7:37 a.m. ET, Dow e-minis were up 259 points, or 0.77%, S&P 500 e-minis gained 31.25 points, or 0.72%, and Nasdaq 100 e-minis jumped 109 points, or 0.73%.\nVix's decline has narrowed, and VIX is currently down by 9.33%.\nWhat to Watch When the Stock Market Opens Today:\n\nU.S.-listed Chinese stocks start to recover from Monday’s slump in premarket trading as the global selloff moderates. Alibaba (BABA US), Baidu (BIDU US), Nio (NIO US), Tencent Music (TME US)and Bilibili (BILI US) are among the gainers.\nUber Technologies rose 3.9% before the bell. The ride-hailing firm said it expects toreach a measure of profitability in the current quarter, months earlier than previously expected.\nUber’s riva lLyft added 1.9% in premarket trading.\nU.S. Bancorp shares edged up 0.9% after the lender said it had agreed to buy MUFG Union Bank, which operates about 300 branches mainly on the West Coast, for about $8 billion.\nLennar . fell more than 3% in premarket trading. The homebuilder said its third-quarter earnings were hurt by supply-chain challenges that show no sign of easing.\nConocoPhillips ticked up 1% after the oil-and-gas company said it hadagreed to buy all of Royal Dutch Shell’s assets in the Permian Basinfor about $9.5 billion in cash. Shell investors cheered the deal: U.S.-listed shares jumped almost 5%.\nOccidental Petroleum, Devon EnergyDVN-5.40%andPhillips 66PSX-2.65%rose in premarket trading as oil prices rallied and theenergy sector looked set to rebound from a broad selloff.\nDow Chemical gained more than 3%. Shares of the chemicals giant have been on a downtrend since June. Chief Executive Jim Fitterling told The Wall Street Journal last month he wants to knowhow Congress plans to pay for a proposed move to zero-carbon emission electricity.\nVerrica Pharmaceuticals Inc. plunges 30% in premarket trading after failing to get FDA approval for VP-102 for the treatment of molluscum contagiosum\nReWalk Robotics shares jump 43% in U.S. premarket trading amid a spike in volume in the stock. Being discussed on StockTwits.\nAprea Therapeutics, Inc. gains 21% in U.S. premarket trading after the company reported complete remission in a bladder cancer patient in Phase 1/2 clinical trial of eprenetapopt in combination with pembrolizumab.\nSmileDirectClub, Inc. slightly higher in premarket trading after it said on Monday that it plans to enter France with an initial location in Paris.\nKAR Auction shares fell 4.6% in post-market trading on Monday after the company withdrew is full-year financial outlook citing disruption caused by chip shortage.\nSportradar Group AG shares jumped 4.5% in Monday postmarket trading, after the company said basketball legend Michael Jordan will serve as a special adviser to its board and also increase his investment in the sports betting and entertainment services provider, effective immediately.\nOrbital Energy Group gained 6% postmarket Monday after a unit won a contract  to construct 1,910 miles of rural broadband network in Virginia. Terms were not disclosed.\n\nBitcoin prices stabilized after tumbling on Monday,when investors ditched riskier and speculative assets.\nIn FX, the Bloomberg Dollar Spot Index inched lower and the greenback fell versus most of its Group-of-10 peers as a selloff in global stocks over the past two sessions abated; the euro hovered while commodity currencies led by the Norwegian krone were the best performers amid an advance in crude oil prices. Sweden’s krona was little changed after the Riksbank steered clear of signaling any post-pandemic tightening, as it remains unconvinced that a recent surge in inflation will last. The pound bucked a three-day losing streak as global risk appetite revived, while investors look to Thursday’s Bank of England meeting for policy clues. The yen erased earlier gains as signs that risk appetite is stabilizing damped demand for haven assets. At the same time, losses were capped due to uncertainty over China’s handling of the Evergrande debt crisis.\nIn rates, Treasuries were lower, although off worst levels of the day as U.S. stock futures recover around half of Monday’s losses while European equities trade with a strong bid tone. Yields are cheaper by up to 2.5bp across long-end of the curve, steepening 5s30s spread by 1.2bp;10-year yields around 1.3226%,cheaper by 1.5bp on the day, lagging bunds and gilts by 1bp-2bp. The long-end of the curve lags ahead of $24b 20-year bond reopening. Treasury will auction $24b 20-year bonds in first reopening at 1pm ET; WI yield ~1.82% is below auction stops since January and ~3bp richer than last month’s new-issue result\nIn commodities, crude futures rose, with the front month WTI up 1.5% near $71.50. Brent stalls near $75. Spot gold trades a narrow range near $1,765/oz. Base metals are mostly in the green with LME aluminum the best performer\nLooking at the day ahead now, and data releases include US housing starts and building permits for August, along with the UK public finances for September. From central banks, we’ll hear from ECB Vice President de Guindos. Otherwise, the General Debate will begin at the UN General Assembly, and the OECD publishes their Interim Economic Outlook.","news_type":1},"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885203012,"gmtCreate":1631793686236,"gmtModify":1676530636914,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>woooooooooaw","listText":"<a href=\"https://laohu8.com/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>woooooooooaw","text":"$Corsair Gaming, Inc.(CRSR)$woooooooooaw","images":[{"img":"https://static.tigerbbs.com/a9daddd8cc5e4aed85035e474b2ecc09","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885203012","isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":885209863,"gmtCreate":1631793523152,"gmtModify":1676530636899,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>woooooooooaaaw","listText":"<a href=\"https://laohu8.com/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>woooooooooaaaw","text":"$Corsair Gaming, Inc.(CRSR)$woooooooooaaaw","images":[{"img":"https://static.tigerbbs.com/95dd05e2e4d0dcffcecab404408151da","width":"1080","height":"2559"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885209863","isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":885200463,"gmtCreate":1631793353852,"gmtModify":1676530636892,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wooooooooaaaaw","listText":"wooooooooaaaaw","text":"wooooooooaaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885200463","repostId":"2167351025","repostType":4,"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882643720,"gmtCreate":1631690415660,"gmtModify":1676530609606,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>wooooooaaaw","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>wooooooaaaw","text":"$AMC Entertainment(AMC)$wooooooaaaw","images":[{"img":"https://static.tigerbbs.com/df3dcd0e59f91df7fca3ab21e07610ca","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882643720","isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":882643308,"gmtCreate":1631690299204,"gmtModify":1676530609590,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"woooooooaaaw","listText":"woooooooaaaw","text":"woooooooaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/882643308","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","kind":"news","pubTimestamp":1631660884,"share":"https://ttm.financial/m/news/1148341685?lang=&edition=fundamental","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p>\n<p>So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p>\n<p>“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p>\n<p>The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p>\n<p>“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p>\n<p>The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p>\n<p>U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</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>U.S. stocks close lower on worries over recovery, corporate tax hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886817028,"gmtCreate":1631579796464,"gmtModify":1676530579666,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>wooooooooooaaaaw","listText":"<a href=\"https://laohu8.com/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>wooooooooooaaaaw","text":"$Corsair Gaming, Inc.(CRSR)$wooooooooooaaaaw","images":[{"img":"https://static.tigerbbs.com/28131f15c2b341e97249b24135ae4e5d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886817028","isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":886814722,"gmtCreate":1631579779766,"gmtModify":1676530579661,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>wooooooooaaaw","listText":"<a href=\"https://laohu8.com/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>wooooooooaaaw","text":"$Corsair Gaming, Inc.(CRSR)$wooooooooaaaw","images":[{"img":"https://static.tigerbbs.com/0521b60c1df35cca9c9d3cf02920ced0","width":"1080","height":"2559"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886814722","isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":132673249,"gmtCreate":1622088302881,"gmtModify":1704179238940,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wiooooaw","listText":"wiooooaw","text":"wiooooaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/132673249","repostId":"2138149518","repostType":4,"repost":{"id":"2138149518","kind":"highlight","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":1622074860,"share":"https://ttm.financial/m/news/2138149518?lang=&edition=fundamental","pubTime":"2021-05-27 08:21","market":"hk","language":"en","title":"Retail traders keep meme stocks short squeezed for third straight day","url":"https://stock-news.laohu8.com/highlight/detail?id=2138149518","media":"Dow Jones","summary":"GameStop and AMC surge again as retail traders see proof that short sellers are still messing with t","content":"<blockquote>\n GameStop and AMC surge again as retail traders see proof that short sellers are still messing with their favorite stocks.\n</blockquote>\n<p>These shorts are on fire. Again.</p>\n<p>For a third straight day soared to massive gains on Wednesday as retail traders piled into what is now another short squeeze on hedge funds and other institutional investors shorting the stock.</p>\n<p>GameStop was up almost 16%, pushing it to price levels not seen since early March, while AMC popped almost 19%, putting it back near $20 a share after increasing by roughly 95% in May, the highest it has been since January's wild short squeeze that introduced the world to the idea of meme stocks.</p>\n<p>Both stocks wildly outperformed the major indices which remained relatively flat on the day.</p>\n<p>On social media, talk of \"Diamond hands\", meant to convey an intense aversion to selling shares, turned to a new iteration of \"Diamond fists\", encapsulating the more militant outlook on \"HODLing\" shares to keep pumping them up in the face of hedge funds that new data shows are still shorting both stocks even after getting pummeled in January's squeeze.</p>\n<p>\"The short interest in GameStop is still remarkably high compared to the average company on the US stock market,\" said Peter Hillerberg, co-founder and chief technical officer of Ortex Analytics.</p>\n<p>According to Hillerberg, short positions in both GameStop and AMC have remained at high levels after falling in the wake of January's squeeze, with more than 20% of GameStop's entire float being shorted at <a href=\"https://laohu8.com/S/AONE\">one</a> point on Wednesday.</p>\n<p>But after creeping back up over the course of a few weeks, shorts have started to jump ship this week as retail investors on social media platforms like Reddit used the scarcity of available shares to tilt the trade back in their favor.</p>\n<p>\"Again, this is not the squeeze. This is just resets of their FTDs,\" posted user Damselindistress on Reddit board r/Superstonk, referring to the theory that hedge funds failed to deliver on their shorts the first time. \"It proves, again, that their shorts were never closed.\"</p>\n<p>And while both GameStop and AMC have used retail investor interest to fuel their growth by issuing new equity to pay down major debt loads, the most recent squeeze shows that the line between retail and short sellers is more of a taut rope.</p>\n<p>\"There is often a causality with the short interest and the share price,\" mused Hillerberg. \"This week, that causality has gone crazy.</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>Retail traders keep meme stocks short squeezed for third straight day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRetail traders keep meme stocks short squeezed for third straight day\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-27 08:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n GameStop and AMC surge again as retail traders see proof that short sellers are still messing with their favorite stocks.\n</blockquote>\n<p>These shorts are on fire. Again.</p>\n<p>For a third straight day soared to massive gains on Wednesday as retail traders piled into what is now another short squeeze on hedge funds and other institutional investors shorting the stock.</p>\n<p>GameStop was up almost 16%, pushing it to price levels not seen since early March, while AMC popped almost 19%, putting it back near $20 a share after increasing by roughly 95% in May, the highest it has been since January's wild short squeeze that introduced the world to the idea of meme stocks.</p>\n<p>Both stocks wildly outperformed the major indices which remained relatively flat on the day.</p>\n<p>On social media, talk of \"Diamond hands\", meant to convey an intense aversion to selling shares, turned to a new iteration of \"Diamond fists\", encapsulating the more militant outlook on \"HODLing\" shares to keep pumping them up in the face of hedge funds that new data shows are still shorting both stocks even after getting pummeled in January's squeeze.</p>\n<p>\"The short interest in GameStop is still remarkably high compared to the average company on the US stock market,\" said Peter Hillerberg, co-founder and chief technical officer of Ortex Analytics.</p>\n<p>According to Hillerberg, short positions in both GameStop and AMC have remained at high levels after falling in the wake of January's squeeze, with more than 20% of GameStop's entire float being shorted at <a href=\"https://laohu8.com/S/AONE\">one</a> point on Wednesday.</p>\n<p>But after creeping back up over the course of a few weeks, shorts have started to jump ship this week as retail investors on social media platforms like Reddit used the scarcity of available shares to tilt the trade back in their favor.</p>\n<p>\"Again, this is not the squeeze. This is just resets of their FTDs,\" posted user Damselindistress on Reddit board r/Superstonk, referring to the theory that hedge funds failed to deliver on their shorts the first time. \"It proves, again, that their shorts were never closed.\"</p>\n<p>And while both GameStop and AMC have used retail investor interest to fuel their growth by issuing new equity to pay down major debt loads, the most recent squeeze shows that the line between retail and short sellers is more of a taut rope.</p>\n<p>\"There is often a causality with the short interest and the share price,\" mused Hillerberg. \"This week, that causality has gone crazy.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138149518","content_text":"GameStop and AMC surge again as retail traders see proof that short sellers are still messing with their favorite stocks.\n\nThese shorts are on fire. Again.\nFor a third straight day soared to massive gains on Wednesday as retail traders piled into what is now another short squeeze on hedge funds and other institutional investors shorting the stock.\nGameStop was up almost 16%, pushing it to price levels not seen since early March, while AMC popped almost 19%, putting it back near $20 a share after increasing by roughly 95% in May, the highest it has been since January's wild short squeeze that introduced the world to the idea of meme stocks.\nBoth stocks wildly outperformed the major indices which remained relatively flat on the day.\nOn social media, talk of \"Diamond hands\", meant to convey an intense aversion to selling shares, turned to a new iteration of \"Diamond fists\", encapsulating the more militant outlook on \"HODLing\" shares to keep pumping them up in the face of hedge funds that new data shows are still shorting both stocks even after getting pummeled in January's squeeze.\n\"The short interest in GameStop is still remarkably high compared to the average company on the US stock market,\" said Peter Hillerberg, co-founder and chief technical officer of Ortex Analytics.\nAccording to Hillerberg, short positions in both GameStop and AMC have remained at high levels after falling in the wake of January's squeeze, with more than 20% of GameStop's entire float being shorted at one point on Wednesday.\nBut after creeping back up over the course of a few weeks, shorts have started to jump ship this week as retail investors on social media platforms like Reddit used the scarcity of available shares to tilt the trade back in their favor.\n\"Again, this is not the squeeze. This is just resets of their FTDs,\" posted user Damselindistress on Reddit board r/Superstonk, referring to the theory that hedge funds failed to deliver on their shorts the first time. \"It proves, again, that their shorts were never closed.\"\nAnd while both GameStop and AMC have used retail investor interest to fuel their growth by issuing new equity to pay down major debt loads, the most recent squeeze shows that the line between retail and short sellers is more of a taut rope.\n\"There is often a causality with the short interest and the share price,\" mused Hillerberg. \"This week, that causality has gone crazy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805621558,"gmtCreate":1627877597374,"gmtModify":1703497035766,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wooooooooaw","listText":"wooooooooaw","text":"wooooooooaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/805621558","repostId":"1170689665","repostType":4,"repost":{"id":"1170689665","kind":"news","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":1627857540,"share":"https://ttm.financial/m/news/1170689665?lang=&edition=fundamental","pubTime":"2021-08-02 06:39","market":"us","language":"en","title":"Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1170689665","media":"Tiger Newspress","summary":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Dig","content":"<p>The parade of second-quarter results continues this week. No fewer than 143 S&amp;P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p>\n<p>Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and&nbsp;ViacomCBS&nbsp;go on Thursday and&nbsp;DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation&nbsp;New Oriental Education &amp; Technology Group Inc. and&nbsp;TAL Education Group&nbsp;cancels scheduled earnings release and earnings call.</p>\n<p><img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p>\n<p>The highlight on the&nbsp;economic&nbsp;calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p>\n<p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p>\n<p><b>Monday 8/2</b></p>\n<p>CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett &amp; Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p>\n<p>GE stock&nbsp;will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p>\n<p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p>\n<p><b>The Census Bureau</b>&nbsp;reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p>\n<p><b>Tuesday 8/3</b></p>\n<p>Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun &amp; Bradstreet Holdings,ConocoPhillips, and&nbsp;Jacobs Engineering Grouphost conference calls to discuss financial results.</p>\n<p><b>The Census Bureau</b>&nbsp;is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p>\n<p><b>Wednesday 8/4</b></p>\n<p>Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p>\n<p><b>The Bureau of Economic</b>&nbsp;Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p>\n<p><b>The ISM releases</b>&nbsp;its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p>\n<p><b>ADP releases</b>&nbsp;its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p>\n<p><b>Thursday 8/5</b></p>\n<p>Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman &amp; Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and&nbsp;Siemensare expected to report financial results.</p>\n<p>Friday 8/6</p>\n<p><b>The BLS releases the jobs report</b>&nbsp;for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p>\n<p>DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba,Uber, DraftKings, GM, Roku, EA, ViacomCBS, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-02 06:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The parade of second-quarter results continues this week. No fewer than 143 S&amp;P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.</p>\n<p>Wednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and&nbsp;ViacomCBS&nbsp;go on Thursday and&nbsp;DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation&nbsp;New Oriental Education &amp; Technology Group Inc. and&nbsp;TAL Education Group&nbsp;cancels scheduled earnings release and earnings call.</p>\n<p><img src=\"https://static.tigerbbs.com/94057bf11ca8d7311db6c075ba98727b\" tg-width=\"1706\" tg-height=\"740\" referrerpolicy=\"no-referrer\"></p>\n<p>The highlight on the&nbsp;economic&nbsp;calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.</p>\n<p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.</p>\n<p><b>Monday 8/2</b></p>\n<p>CNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett &amp; Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.</p>\n<p>GE stock&nbsp;will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.</p>\n<p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.</p>\n<p><b>The Census Bureau</b>&nbsp;reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.</p>\n<p><b>Tuesday 8/3</b></p>\n<p>Eaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun &amp; Bradstreet Holdings,ConocoPhillips, and&nbsp;Jacobs Engineering Grouphost conference calls to discuss financial results.</p>\n<p><b>The Census Bureau</b>&nbsp;is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.</p>\n<p><b>Wednesday 8/4</b></p>\n<p>Sony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.</p>\n<p><b>The Bureau of Economic</b>&nbsp;Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.</p>\n<p><b>The ISM releases</b>&nbsp;its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.</p>\n<p><b>ADP releases</b>&nbsp;its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.</p>\n<p><b>Thursday 8/5</b></p>\n<p>Zillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman &amp; Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and&nbsp;Siemensare expected to report financial results.</p>\n<p>Friday 8/6</p>\n<p><b>The BLS releases the jobs report</b>&nbsp;for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.</p>\n<p>DraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","ROKU":"Roku Inc","UBER":"优步",".DJI":"道琼斯","GM":"通用汽车","EA":"艺电","DKNG":"DraftKings Inc.","GE":"GE航空航天",".IXIC":"NASDAQ Composite","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170689665","content_text":"The parade of second-quarter results continues this week. No fewer than 143 S&P 500 companies are on deck to report, in addition to hundreds of small caps. Ferrari, Vornado Realty Trust, Take-Two Interactive Software, and Simon Property Group will get the ball rolling on Monday. Then Lyft, Alibaba Group Holding, Nikola, Under Armour, Eli Lilly, and ConocoPhillips release their results on Tuesday.\nWednesday will be particularly busy:General Motors,Uber Technologies,Etsy,Electronic Arts,Western Digital,Roku,CVS Health,Kraft Heinz, and SoftBank all report.Beyond Meat,Yelp,Wayfair, Moderna, and ViacomCBS go on Thursday and DraftKings,Canopy Growth,and Tripadvisor will close the week on Friday.Chinese Education Corporation New Oriental Education & Technology Group Inc. and TAL Education Group cancels scheduled earnings release and earnings call.\n\nThe highlight on the economic calendar this week will be Jobs Friday. The Bureau of Labor Statistics is expected to show a gain of 625,000 nonfarm payrolls in July, following June’s 850,000. The unemployment rate is seen holding just below 6%.\nOther data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for July on Monday, followed by the Services equivalent on Wednesday. Both measures of economic activity are forecast to come in at around 61, which would signify strong expansion.\nMonday 8/2\nCNA Financial,Global Payments,JELD-WEN Holding,Loews,Arista Networks,Leggett & Platt,Vornado Realty Trust, ZoomInfo Technologies, Woodward, Take-Two Interactive Software, Heineken, Trex, Ferrari,Ultra Clean Holdings,and Simon Property Group are expected to release financial results.\nGE stock will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening.\nThe Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for July. Consensus estimate is for a 60.8 reading, up from 60.6 in June.\nThe Census Bureau reports construction spending for June. Expectations are for a 0.4% month-over-month rise, after a 0.3% decline in May.\nTuesday 8/3\nEaton, BP, Under Armour, Lyft,Clorox,Amgen,Akamai Technologies,Cummins, Eli Lilly, Alibaba Group Holding, Nikola, EnPro Industries,Warner Music Group,Pitney Bowes,Tennant,Phillips 66,KKR,Gartner,Henry Schein,Dun & Bradstreet Holdings,ConocoPhillips, and Jacobs Engineering Grouphost conference calls to discuss financial results.\nThe Census Bureau is slated to report factory orders for June. Economists predict that orders increased 1.0% during the month, compared with a 1.7% rise in May.\nWednesday 8/4\nSony Group,CVS Health, Kraft Heinz, SoftBank, General Motors, Progressive, Etsy, Electronic Arts, Western Digital, Uber Technologies, Roku,MGM Resorts International,Fox, and Re/Max Holdings are expected to host earnings calls.\nThe Bureau of Economic Analysis reports light-vehicle sales for July. Expectations call for a seasonally adjusted annual rate of 15.3 million vehicles, versus 15.4 million in June.\nThe ISM releases its Services PMI for July. Consensus estimate is for a 60.8 reading, compared with June’s 60.1.\nADP releases its National Employment report for July. Consensus estimate is for a 635,000 gain in nonfarm private-sector employment, following an increase of 692,000 in June.\nThursday 8/5\nZillow Group,Beyond Meat, Yelp, Wayfair, Kellogg,Bayer,HanesBrands, Moderna,Regeneron Pharmaceuticals,Switch,Cushman & Wakefield,ViacomCBS,Cigna,Duke Energy,Square,News Corp,and Siemensare expected to report financial results.\nFriday 8/6\nThe BLS releases the jobs report for July. Economists forecast a 800,000 rise in nonfarm payrolls, after an 850,000 gain in June. The unemployment rate is expected to edge down to 5.8% from 5.9%.\nDraftKings,Dominion Energy,Gannett,MGM Growth Properties,AMC Networks,Canopy Growth, Tripadvisor,Spectrum Brands Holdings,E.W. Scripps,Cinemark Holdings, and Manitowoc host conference calls to discuss financial results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088020751,"gmtCreate":1650291804327,"gmtModify":1676534688238,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>wooooooooooooooooaaaaaaaw","listText":"<a href=\"https://ttm.financial/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>wooooooooooooooooaaaaaaaw","text":"$Corsair Gaming, Inc.(CRSR)$wooooooooooooooooaaaaaaaw","images":[{"img":"https://community-static.tradeup.com/news/8e2f5843885061f0fd41e4dea8bb640d","width":"1080","height":"2590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088020751","isVote":1,"tweetType":1,"viewCount":662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":123520055,"gmtCreate":1624430169677,"gmtModify":1703836454087,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"woooooooaw","listText":"woooooooaw","text":"woooooooaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/123520055","repostId":"1116009757","repostType":4,"repost":{"id":"1116009757","kind":"news","pubTimestamp":1624429965,"share":"https://ttm.financial/m/news/1116009757?lang=&edition=fundamental","pubTime":"2021-06-23 14:32","market":"hk","language":"en","title":"SoftBank-Backed Robotics Firm EDDA Weighs Hong Kong IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1116009757","media":"Bloomberg","summary":"EDDA Health careand Technology Holding Ltd., a robotic surgery firm backed bySoftBank Group Corp., i","content":"<p>EDDA&nbsp;Health&nbsp;careand Technology Holding Ltd., a robotic surgery firm backed bySoftBank Group Corp., is considering a Hong Kong initial public offering that could value the company at about $1 billion, according to people familiar with the matter.</p>\n<p>China-based EDDA is working with advisers as it seeks to raise about $300 million in a share sale, the people said, asking not to be identified because the matter is private. An IPO could take place as early as this year, depending onmarket conditions, the people said.</p>\n<p>Deliberations are in the early stages and no final decisions on the size and timing of any listing have been made, according to the people. A representative for EDDA didn’t immediately respond to requests for comment.</p>\n<p>EDDA develops precision 3D medical imaging to help physicians plan for surgery, perform operations and conduct post-op evaluations of patients. The companyraised$150 million in April in a private funding round led by SoftBank’s Vision Fund 2. Other investors in the fundraise includeOrbiMedAdvisorsand3W Fund Management.</p>\n<p>It plans to use the proceeds of the fundraising on innovation in precision surgery to treat diseases such as cancer, and to further expand in Chinese cities where hospitals need surgical robots, EDDA said in a statement at the time.</p>\n<p>Companies have raised about $26 billion via Hong Kong IPOs this year, according to data compiled by Bloomberg. Momentum has picked up in June after a two-month lull, as listing candidates and bankers rush to complete deals before the usual summer slowdown. At least11 companieshave announced plans to go public in the Asian financial hub this month, the data show.</p>\n<p>Two health-care firms joined the mix on Tuesday. Zylox-Tonbridge Medical Technology Co.kicked offthe roadshow for an IPO that could raise as much as $330 million, and Medlive Technology Co.startedgauging demand for its proposed offering.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoftBank-Backed Robotics Firm EDDA Weighs Hong Kong IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoftBank-Backed Robotics Firm EDDA Weighs Hong Kong IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 14:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-23/softbank-backed-robotics-firm-edda-said-to-weigh-hong-kong-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>EDDA Health careand Technology Holding Ltd., a robotic surgery firm backed bySoftBank Group Corp., is considering a Hong Kong initial public offering that could value the company at about $1 billion, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-23/softbank-backed-robotics-firm-edda-said-to-weigh-hong-kong-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-23/softbank-backed-robotics-firm-edda-said-to-weigh-hong-kong-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116009757","content_text":"EDDA Health careand Technology Holding Ltd., a robotic surgery firm backed bySoftBank Group Corp., is considering a Hong Kong initial public offering that could value the company at about $1 billion, according to people familiar with the matter.\nChina-based EDDA is working with advisers as it seeks to raise about $300 million in a share sale, the people said, asking not to be identified because the matter is private. An IPO could take place as early as this year, depending onmarket conditions, the people said.\nDeliberations are in the early stages and no final decisions on the size and timing of any listing have been made, according to the people. A representative for EDDA didn’t immediately respond to requests for comment.\nEDDA develops precision 3D medical imaging to help physicians plan for surgery, perform operations and conduct post-op evaluations of patients. The companyraised$150 million in April in a private funding round led by SoftBank’s Vision Fund 2. Other investors in the fundraise includeOrbiMedAdvisorsand3W Fund Management.\nIt plans to use the proceeds of the fundraising on innovation in precision surgery to treat diseases such as cancer, and to further expand in Chinese cities where hospitals need surgical robots, EDDA said in a statement at the time.\nCompanies have raised about $26 billion via Hong Kong IPOs this year, according to data compiled by Bloomberg. Momentum has picked up in June after a two-month lull, as listing candidates and bankers rush to complete deals before the usual summer slowdown. At least11 companieshave announced plans to go public in the Asian financial hub this month, the data show.\nTwo health-care firms joined the mix on Tuesday. Zylox-Tonbridge Medical Technology Co.kicked offthe roadshow for an IPO that could raise as much as $330 million, and Medlive Technology Co.startedgauging demand for its proposed offering.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110226324,"gmtCreate":1622462381368,"gmtModify":1704184740352,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"woaaaaaw","listText":"woaaaaaw","text":"woaaaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/110226324","repostId":"1190963228","repostType":4,"repost":{"id":"1190963228","kind":"news","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":1622462311,"share":"https://ttm.financial/m/news/1190963228?lang=&edition=fundamental","pubTime":"2021-05-31 19:58","market":"us","language":"en","title":"Porsche, Piech families weigh direct stake in possible Porsche IPO-sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1190963228","media":"Reuters","summary":"The Porsche and Piech families, who control Volkswagen's largest shareholder, are prepared to take a","content":"<p>The Porsche and Piech families, who control Volkswagen's&nbsp;largest shareholder, are prepared to take a direct stake in Porsche AG should the luxury carmaker be separately listed, two people familiar with the matter said.</p>\n<p>Such a move would loosen the families' grip on Europe's largest carmaker Volkswagen, in favour of direct ownership of the iconic sports car brand, founded by their ancestor Ferdinand Porsche, which dates back to 1931.</p>\n<p>Speculation about a listing of the unit earlier this year included estimates of a standalone valuation of Porsche AG ranging from 45 billion to 90 billion euros ($55 billion-$110 billion), compared with 135 billion for the Volkswagen group.</p>\n<p>While saying that a possible initial public offering (IPO) of Porsche AG is not high up on the agenda, Volkswagen continues to weigh scenarios for a listing, the people said, adding that the key obstacle remained VW's complex stakeholder set-up.</p>\n<p>That set-up was carefully crafted in the wake of a failed takeover of Volkswagen by Porsche in 2009, which resulted in Volkswagen acquiring the well-known brand while the Porsche and Piech families became VW's most influential investors.</p>\n<p>No decision has been made by Volkswagen on whether to separately list Porsche AG and there is no guarantee that such a move will happen, the people said.</p>\n<p>Today, the families hold all ordinary shares of Porsche Automobil Holding SE, which owns more than half of the voting rights as well as a 31.4% equity stake in Volkswagen.</p>\n<p>Porsche Automobil Holding and Volkswagen declined to comment.</p>\n<p>Selling some voting rights in Volkswagen to co-shareholder Lower Saxony, which holds a 20% voting stake, would be one way for the families to gain direct ownership in the namesake brand while keeping activist investors out, Stifel analysts say.</p>\n<p>\"We believe this scenario would satisfy all parties,\" they wrote, adding that while the families would regain some control of Porsche AG, Lower Saxony would have a blocking minority and unions would be happy about the cash inflow.</p>\n<p>Asked about a possible listing earlier this month, Volkswagen Chief Executive Herbert Diess said the group's current cash flow was sufficient to fund an ambitious turnaround to become the world's largest maker of electric vehicles.</p>\n<p>($1 = 0.8201 euros)</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>Porsche, Piech families weigh direct stake in possible Porsche IPO-sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPorsche, Piech families weigh direct stake in possible Porsche IPO-sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-31 19:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The Porsche and Piech families, who control Volkswagen's&nbsp;largest shareholder, are prepared to take a direct stake in Porsche AG should the luxury carmaker be separately listed, two people familiar with the matter said.</p>\n<p>Such a move would loosen the families' grip on Europe's largest carmaker Volkswagen, in favour of direct ownership of the iconic sports car brand, founded by their ancestor Ferdinand Porsche, which dates back to 1931.</p>\n<p>Speculation about a listing of the unit earlier this year included estimates of a standalone valuation of Porsche AG ranging from 45 billion to 90 billion euros ($55 billion-$110 billion), compared with 135 billion for the Volkswagen group.</p>\n<p>While saying that a possible initial public offering (IPO) of Porsche AG is not high up on the agenda, Volkswagen continues to weigh scenarios for a listing, the people said, adding that the key obstacle remained VW's complex stakeholder set-up.</p>\n<p>That set-up was carefully crafted in the wake of a failed takeover of Volkswagen by Porsche in 2009, which resulted in Volkswagen acquiring the well-known brand while the Porsche and Piech families became VW's most influential investors.</p>\n<p>No decision has been made by Volkswagen on whether to separately list Porsche AG and there is no guarantee that such a move will happen, the people said.</p>\n<p>Today, the families hold all ordinary shares of Porsche Automobil Holding SE, which owns more than half of the voting rights as well as a 31.4% equity stake in Volkswagen.</p>\n<p>Porsche Automobil Holding and Volkswagen declined to comment.</p>\n<p>Selling some voting rights in Volkswagen to co-shareholder Lower Saxony, which holds a 20% voting stake, would be one way for the families to gain direct ownership in the namesake brand while keeping activist investors out, Stifel analysts say.</p>\n<p>\"We believe this scenario would satisfy all parties,\" they wrote, adding that while the families would regain some control of Porsche AG, Lower Saxony would have a blocking minority and unions would be happy about the cash inflow.</p>\n<p>Asked about a possible listing earlier this month, Volkswagen Chief Executive Herbert Diess said the group's current cash flow was sufficient to fund an ambitious turnaround to become the world's largest maker of electric vehicles.</p>\n<p>($1 = 0.8201 euros)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VLKPF":"Volkswagen AG","VLKAF":"Volkswagen AG","POAHF":"Porsche Automobile Holding SE","0JHU.UK":"PORSCHE AUTOMOB"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190963228","content_text":"The Porsche and Piech families, who control Volkswagen's largest shareholder, are prepared to take a direct stake in Porsche AG should the luxury carmaker be separately listed, two people familiar with the matter said.\nSuch a move would loosen the families' grip on Europe's largest carmaker Volkswagen, in favour of direct ownership of the iconic sports car brand, founded by their ancestor Ferdinand Porsche, which dates back to 1931.\nSpeculation about a listing of the unit earlier this year included estimates of a standalone valuation of Porsche AG ranging from 45 billion to 90 billion euros ($55 billion-$110 billion), compared with 135 billion for the Volkswagen group.\nWhile saying that a possible initial public offering (IPO) of Porsche AG is not high up on the agenda, Volkswagen continues to weigh scenarios for a listing, the people said, adding that the key obstacle remained VW's complex stakeholder set-up.\nThat set-up was carefully crafted in the wake of a failed takeover of Volkswagen by Porsche in 2009, which resulted in Volkswagen acquiring the well-known brand while the Porsche and Piech families became VW's most influential investors.\nNo decision has been made by Volkswagen on whether to separately list Porsche AG and there is no guarantee that such a move will happen, the people said.\nToday, the families hold all ordinary shares of Porsche Automobil Holding SE, which owns more than half of the voting rights as well as a 31.4% equity stake in Volkswagen.\nPorsche Automobil Holding and Volkswagen declined to comment.\nSelling some voting rights in Volkswagen to co-shareholder Lower Saxony, which holds a 20% voting stake, would be one way for the families to gain direct ownership in the namesake brand while keeping activist investors out, Stifel analysts say.\n\"We believe this scenario would satisfy all parties,\" they wrote, adding that while the families would regain some control of Porsche AG, Lower Saxony would have a blocking minority and unions would be happy about the cash inflow.\nAsked about a possible listing earlier this month, Volkswagen Chief Executive Herbert Diess said the group's current cash flow was sufficient to fund an ambitious turnaround to become the world's largest maker of electric vehicles.\n($1 = 0.8201 euros)","news_type":1},"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574565348851267","authorId":"3574565348851267","name":"pingabc","avatar":"https://static.tigerbbs.com/45ea605ef97ca23c8e578b6576244d74","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574565348851267","authorIdStr":"3574565348851267"},"content":"help me reply pls","text":"help me reply pls","html":"help me reply pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9002972712,"gmtCreate":1641906973421,"gmtModify":1676533660457,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>woooooooaaaaaaw","listText":"<a href=\"https://ttm.financial/S/CRSR\">$Corsair Gaming, Inc.(CRSR)$</a>woooooooaaaaaaw","text":"$Corsair Gaming, Inc.(CRSR)$woooooooaaaaaaw","images":[{"img":"https://static.itradeup.com/news/08e302a49b91f007f7f2c87ff25212be","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002972712","isVote":1,"tweetType":1,"viewCount":804,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4101997926501770","authorId":"4101997926501770","name":"BoldMeow","avatar":"https://static.tigerbbs.com/eeb004e36c7856aa797adba1ae5a1d8c","crmLevel":1,"crmLevelSwitch":0,"idStr":"4101997926501770","authorIdStr":"4101997926501770"},"content":"Calm down... sentiments towards Feds, but Feds shall be more careful not to kill those small or grow-performing startups which end up increase more unemployments","text":"Calm down... sentiments towards Feds, but Feds shall be more careful not to kill those small or grow-performing startups which end up increase more unemployments","html":"Calm down... sentiments towards Feds, but Feds shall be more careful not to kill those small or grow-performing startups which end up increase more unemployments"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":807710081,"gmtCreate":1628056850243,"gmtModify":1703500414788,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wooooooooooaw","listText":"wooooooooooaw","text":"wooooooooooaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/807710081","repostId":"1135713978","repostType":4,"repost":{"id":"1135713978","kind":"news","pubTimestamp":1628056812,"share":"https://ttm.financial/m/news/1135713978?lang=&edition=fundamental","pubTime":"2021-08-04 14:00","market":"us","language":"en","title":"Alphabet wants to make its own smartphone chips — what in the world is the company thinking?","url":"https://stock-news.laohu8.com/highlight/detail?id=1135713978","media":"MarketWatch","summary":"It’s a big, and risky, bet. Apple did something similar and had a difficult transition\n(Photo credit","content":"<p>It’s a big, and risky, bet. Apple did something similar and had a difficult transition</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/729798ae4b174d85419678e03af11d00\" tg-width=\"1050\" tg-height=\"699\" width=\"100%\" height=\"auto\"><span>(Photo credit should read Alain Jocard/AFP via Getty Images)</span></p>\n<p>Alphabet said Monday it will take its silicon building in-house when it launches a new flagship line of Google Pixel phones.</p>\n<p>The company’s move creates as many questions as it does answers. Perhaps the first being,with only about 2% of the U.S. smartphone market&nbsp;and no real sign of that changing, does a bet like this make sense?</p>\n<p>While much of the analysis of this news pointed to it as a positive step for AlphabetGOOG,+0.21%,I interpreted it as a desperate attempt for the company to make headlines about its poor-performing line of mobile devices and to do so by taking a risk that even AppleAAPL,+1.26%isn’t yet willing to take when it comes to its vertical integration into semiconductors.</p>\n<p><b>Apple’s foreshadowing</b></p>\n<p>Apple made headlines over the past few years with its departure from Intel&nbsp;and the introduction of its M1 architecture. This transition from Intel to homegrown processors built on the increasingly popular Arm architecture was done methodically over several years to ensure that the change would go smoothly. For the most part, the M1 launched without significant incident, but its critics would be the first to point out that the transition was anything but flawless.</p>\n<p>It’s also worth pointing out that Apple, while it has incorporated a number of its cores to handle capabilities like image sensing and graphics, has left the modem and radio, oft-referred to as RFFE, to Qualcomm,due to the complexity of building a modem-RF system for 5G, which is incredibly complicated and proper function is imperative to get devices certified by different carriers like Verizon,AT&amp;T,T-Mobile&nbsp;and others.</p>\n<p>For some reason that I simply cannot understand, Alphabet wants to abandon not only the Qualcomm Snapdragon, which most simply can be considered the full set of systems to power all the phones features, and ditch it for its own set of cores, but allegedly also abandon Qualcomm’s proven modem-RF system to use (rumored) Samsung’s Exynos, which has almost zero market penetration and has run into issues with power management and carrier certification. Even Samsung uses Qualcomm’s modem-RF system for large portions of its flagship devices, including its U.S. flagship devices. Apple does as well.</p>\n<p>Returning us to the question: What in the world is Alphabet doing here, and does it make any sense?</p>\n<p><b>Vertical integration</b></p>\n<p>The short answer is yes, and no, but mostly no. At least for Alphabet.</p>\n<p>The argument to favor this change comes down to profitability and control for Alphabet. Apple has proven that deeper vertical integration can be lucrative, and its Bionic chips have continued to improve with each generation. Alphabet, which has built a very limited set of custom ASICs (application specific integrated circuits) for artificial intelligence (AI), wants the market to see it as every bit as capable of this type of move as Apple.</p>\n<p>Furthermore, we have seen Amazon’s&nbsp;AWS and Alibaba&nbsp;build Arm-based solutions for their cloud offerings, and Microsoft&nbsp;has also been touted to be following suit. For the data center, this seems to make sense, with AWS, for instance, seeing success from its Graviton line of CPUs and Trainium series of ML chips. No one would be surprised to see Alphabet significantly increase its efforts to launch or further enhance custom silicon development for its cloud and AI offerings. But servers, and even notebooks, aren’t mobile devices.</p>\n<p>To launch the M1, Apple spent years on R&amp;D and made several key acquisitions, including Dialog Semiconductor in 2018 for $600 million to add to its internal chipmaking and systems capabilities. It even acquired the remnants of Intel’s mobile modem business upon deciding to move away from Intel on the horizon of 5G. But, with all of that IP, and investment in tow, and even a multi-year legal feud with Qualcomm, Apple still recognized there were some things better left to be done by Qualcomm.</p>\n<p>Perhaps Alphabet figures with almost no market share and no notoriety around its Pixel smartphone lineup that it doesn’t matter if the Pixel 6 series is a disaster.</p>\n<p>And perhaps Google will surprise the world by using its cores plus a lesser-quality modem-RF system to somehow put out a device that will outperform Apple, Samsung and dozens of other handset makers that have entrusted Qualcomm to provide the guts of their devices.</p>\n<p>I doubt it, though, and if nearly a decade of insignificant market penetration with their mobile devices serves as an indicator of how well this move will go for Alphabet, I think it’s safe to chalk this up in the L column.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet wants to make its own smartphone chips — what in the world is the company thinking?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlphabet wants to make its own smartphone chips — what in the world is the company thinking?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 14:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/alphabet-wants-to-make-its-own-smartphone-chips-what-in-the-world-is-the-company-thinking-11628003771?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s a big, and risky, bet. Apple did something similar and had a difficult transition\n(Photo credit should read Alain Jocard/AFP via Getty Images)\nAlphabet said Monday it will take its silicon ...</p>\n\n<a href=\"https://www.marketwatch.com/story/alphabet-wants-to-make-its-own-smartphone-chips-what-in-the-world-is-the-company-thinking-11628003771?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":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/alphabet-wants-to-make-its-own-smartphone-chips-what-in-the-world-is-the-company-thinking-11628003771?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135713978","content_text":"It’s a big, and risky, bet. Apple did something similar and had a difficult transition\n(Photo credit should read Alain Jocard/AFP via Getty Images)\nAlphabet said Monday it will take its silicon building in-house when it launches a new flagship line of Google Pixel phones.\nThe company’s move creates as many questions as it does answers. Perhaps the first being,with only about 2% of the U.S. smartphone market and no real sign of that changing, does a bet like this make sense?\nWhile much of the analysis of this news pointed to it as a positive step for AlphabetGOOG,+0.21%,I interpreted it as a desperate attempt for the company to make headlines about its poor-performing line of mobile devices and to do so by taking a risk that even AppleAAPL,+1.26%isn’t yet willing to take when it comes to its vertical integration into semiconductors.\nApple’s foreshadowing\nApple made headlines over the past few years with its departure from Intel and the introduction of its M1 architecture. This transition from Intel to homegrown processors built on the increasingly popular Arm architecture was done methodically over several years to ensure that the change would go smoothly. For the most part, the M1 launched without significant incident, but its critics would be the first to point out that the transition was anything but flawless.\nIt’s also worth pointing out that Apple, while it has incorporated a number of its cores to handle capabilities like image sensing and graphics, has left the modem and radio, oft-referred to as RFFE, to Qualcomm,due to the complexity of building a modem-RF system for 5G, which is incredibly complicated and proper function is imperative to get devices certified by different carriers like Verizon,AT&T,T-Mobile and others.\nFor some reason that I simply cannot understand, Alphabet wants to abandon not only the Qualcomm Snapdragon, which most simply can be considered the full set of systems to power all the phones features, and ditch it for its own set of cores, but allegedly also abandon Qualcomm’s proven modem-RF system to use (rumored) Samsung’s Exynos, which has almost zero market penetration and has run into issues with power management and carrier certification. Even Samsung uses Qualcomm’s modem-RF system for large portions of its flagship devices, including its U.S. flagship devices. Apple does as well.\nReturning us to the question: What in the world is Alphabet doing here, and does it make any sense?\nVertical integration\nThe short answer is yes, and no, but mostly no. At least for Alphabet.\nThe argument to favor this change comes down to profitability and control for Alphabet. Apple has proven that deeper vertical integration can be lucrative, and its Bionic chips have continued to improve with each generation. Alphabet, which has built a very limited set of custom ASICs (application specific integrated circuits) for artificial intelligence (AI), wants the market to see it as every bit as capable of this type of move as Apple.\nFurthermore, we have seen Amazon’s AWS and Alibaba build Arm-based solutions for their cloud offerings, and Microsoft has also been touted to be following suit. For the data center, this seems to make sense, with AWS, for instance, seeing success from its Graviton line of CPUs and Trainium series of ML chips. No one would be surprised to see Alphabet significantly increase its efforts to launch or further enhance custom silicon development for its cloud and AI offerings. But servers, and even notebooks, aren’t mobile devices.\nTo launch the M1, Apple spent years on R&D and made several key acquisitions, including Dialog Semiconductor in 2018 for $600 million to add to its internal chipmaking and systems capabilities. It even acquired the remnants of Intel’s mobile modem business upon deciding to move away from Intel on the horizon of 5G. But, with all of that IP, and investment in tow, and even a multi-year legal feud with Qualcomm, Apple still recognized there were some things better left to be done by Qualcomm.\nPerhaps Alphabet figures with almost no market share and no notoriety around its Pixel smartphone lineup that it doesn’t matter if the Pixel 6 series is a disaster.\nAnd perhaps Google will surprise the world by using its cores plus a lesser-quality modem-RF system to somehow put out a device that will outperform Apple, Samsung and dozens of other handset makers that have entrusted Qualcomm to provide the guts of their devices.\nI doubt it, though, and if nearly a decade of insignificant market penetration with their mobile devices serves as an indicator of how well this move will go for Alphabet, I think it’s safe to chalk this up in the L column.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117135162,"gmtCreate":1623121400256,"gmtModify":1704196525624,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wooooooaws","listText":"wooooooaws","text":"wooooooaws","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/117135162","repostId":"2141342255","repostType":4,"repost":{"id":"2141342255","kind":"news","pubTimestamp":1623098661,"share":"https://ttm.financial/m/news/2141342255?lang=&edition=fundamental","pubTime":"2021-06-08 04:44","market":"us","language":"en","title":"S&P closes nominally lower as investors wait for a catalyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2141342255","media":"REUTERS","summary":"NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), wit","content":"<div>\n<p>NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P closes nominally lower as investors wait for a catalyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P closes nominally lower as investors wait for a catalyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 04:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst><strong>REUTERS</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPRO":"三倍做多标普500ETF","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","OEX":"标普100","SDS":"两倍做空标普500ETF","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","BIIB":"渤健公司","SH":"标普500反向ETF"},"source_url":"http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141342255","content_text":"NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, and a lack of market-moving economic news.The Dow closed well within negative territory, while the Nasdaq advanced. Still, the S&P and the Dow remained inside one percentage point of their record closing highs.\"Thematically, we're done with earnings, so you have this lull in between earnings when what drives the market is economic data points,\" said Joseph Sroka, chief investment officer at NovaPoint in Atlanta. \"There's not a lot of impetus for investors to take action today.\"\"There's been this flip-flop between whether inflation will be transitory or persistent, and the next card that gets flipped over for that is the CPI report on Thursday,\" Sroka added.Small-caps outperformed as the ongoing retail frenzy boosted stocks whose recent explosive trading volumes have been attributed to social media buzz.AMC Entertainment Holdings jumped 14.8%, extending the previous week's 85% gain.Other so-called \"meme stocks,\" including GameStop and US-listed shares of Blackberry advanced between 7% and 14%.\"You've seen a decades-long, technology-enabled democratisation of the market and there's certainly groups of individual investors that flock to these ideas,\" Sroka said. \"We're seeing speculative trading in an age of multiple outlets and social media amplifies the news.\"The Group of Seven (G-7) advanced economies agreed on Saturday to back a minimum global corporate tax rate of at least 15%, a move Treasury Secretary Janet Yellen called a \"significant, unprecedented commitment\" to bring what she called a race to the bottom on global taxation.Lawmakers in Washington are doubling down on efforts to craft a bipartisan infrastructure spending package, with House Democrats expected to bring a bill to vote as early as Wednesday.The Dow Jones Industrial Average fell 126.15 points, or 0.36%, to 34,630.24; the S&P 500 lost 3.37 points, or 0.08%, at 4,226.52; and the Nasdaq Composite added 67.23 points, or 0.49%, at 13,881.72.Of the 11 major sectors in the S&P 500, seven lost ground, with materials suffering the largest percentage drop.Real estate led the gainers.Shares of Biogen Inc surged 38.3% following news that the US Food and Drug Administration approved its Alzheimer's disease drug aducanumab.Data centre operator QTS Realty Trust jumped 21.2% on reports of a takeover deal by investment firm Blackstone Group worth $6.7 billion. Cruise operator Royal Caribbean announced that six of its ships would begin sailing from Florida and Texas ports in July and August.Its shares gained 0.4%, while rivals Carnival and Norwegian Cruise Line advanced 1.1% and 3.1%, respectively.Advancing issues outnumbered decliners on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.The S&P 500 posted 62 new 52-week highs and one new low; the Nasdaq Composite recorded 168 new highs and 21 new lows.Volume on U.S. exchanges was 10.52 billion shares, compared with the 10.71 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819831087,"gmtCreate":1630052763049,"gmtModify":1676530211370,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wooooooooooooaaaaaw","listText":"wooooooooooooaaaaaw","text":"wooooooooooooaaaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/819831087","repostId":"2162847016","repostType":4,"repost":{"id":"2162847016","kind":"news","pubTimestamp":1630008724,"share":"https://ttm.financial/m/news/2162847016?lang=&edition=fundamental","pubTime":"2021-08-27 04:12","market":"us","language":"en","title":"Wall Street loses ground, snapping rally on Afghanistan, Fed concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2162847016","media":"Reuters","summary":"NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closi","content":"<p>NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium.</p>\n<p>All three major U.S. stock indexes ended the session in the red, with the S&amp;P and the Nasdaq notching their first down day in six.</p>\n<p>The sell-off firmed after hawkish commentary from Dallas Fed President Robert Kaplan and a blast outside the Kabul airport in Afghanistan helped strengthen the risk-off sentiment.</p>\n<p>Kaplan, who is not currently a voting member of the Federal Open Markets Committee, said he believes the progress of economic recovery warrants tapering of the Fed's asset purchases to commence in October or shortly thereafter.</p>\n<p>Kaplan's remarks followed earlier comments from the St. Louis Fed President James Bullard, who said that the central bank is \"coalescing\" around a plan to begin tapering process.</p>\n<p>\"(Kaplan’s statements) caused a little confusion about the taper timeline, but in my opinion the equity markets are focused on geopolitical issues,\" said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors in Hunt Valley, Maryland. \"There’s a flight to safety during geopolitical tensions.\"</p>\n<p>\"I am surprised the market the market hasn’t fallen more, given the fear that it could take focus away from (U.S. President Joe Biden's) domestic agenda,\" Horneman added.</p>\n<p>The economy grew at a slightly faster pace than originally reported in the second quarter, fully recovering its losses from the most abrupt downturn in U.S. history, according to the Commerce Department. But jobless claims, though still on a downward trajectory, ticked higher last week.</p>\n<p>The data did little to move the needle with respect to expectations that the Fed is unlikely tip its hand regarding the taper timeline when Chairman Jerome Powell unmutes and delivers his speech at Friday's virtual Jackson Hole Symposium.</p>\n<p>\"We’re going to see a lot of market participants analyze every word (Powell) uses, but at the end of the day, they will begin tapering,\" Horneman said. \"I’m more concerned about the speed at which they taper. What are they going to start with? That will give us a clearer indication as whether they’re getting more hawkish.\"</p>\n<p>The Dow Jones Industrial Average fell 192.38 points, or 0.54%, to 35,213.12, the S&amp;P 500 lost 26.19 points, or 0.58%, to 4,470 and the Nasdaq Composite dropped 96.05 points, or 0.64%, to 14,945.81.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, all but real estate ended the session lower, with energy stocks suffering the steepest percentage loss.</p>\n<p>Discount retailers Dollar General Corp and Dollar Tree Inc slid 3.8% and 12.1%, respectively, after warning higher transportation costs will hurt their bottom lines.</p>\n<p>Coty Inc jumped 14.7% after the cosmetics firm said it expects to post full-year sales growth for the first time in three years.</p>\n<p>Salesforce.com Inc hiked its earnings forecast as the shift to a hybrid work model is expected to fuel strong demand. Its shares advanced 2.7%.</p>\n<p>NetApp Inc jumped 4.7% as brokerages raised their price targets in the wake of the cloud computing firm's better-than-expected 2022 earnings outlook.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 31 new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 39 new lows.</p>\n<p>Volume on U.S. exchanges was 8.27 billion shares, compared with the 8.96 billion average over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Devik Jain in Bengaluru Editing by Marguerita Choy)</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street loses ground, snapping rally on Afghanistan, Fed concerns</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 loses ground, snapping rally on Afghanistan, Fed concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 04:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500ETF","SPXU":"三倍做空标普500ETF","UPRO":"三倍做多标普500ETF","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","COMP":"Compass, Inc.","SH":"标普500反向ETF","IVV":"标普500指数ETF","OEX":"标普100"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-loses-201204459.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162847016","content_text":"NEW YORK, Aug 26 (Reuters) - Wall Street closed lower on Thursday, ending a streak of all-time closing highs on concerns over developments in Afghanistan, while fears of a potential shift in U.S. Federal Reserve policy prompted a broad but shallow sell-off the day before the Jackson Hole Symposium.\nAll three major U.S. stock indexes ended the session in the red, with the S&P and the Nasdaq notching their first down day in six.\nThe sell-off firmed after hawkish commentary from Dallas Fed President Robert Kaplan and a blast outside the Kabul airport in Afghanistan helped strengthen the risk-off sentiment.\nKaplan, who is not currently a voting member of the Federal Open Markets Committee, said he believes the progress of economic recovery warrants tapering of the Fed's asset purchases to commence in October or shortly thereafter.\nKaplan's remarks followed earlier comments from the St. Louis Fed President James Bullard, who said that the central bank is \"coalescing\" around a plan to begin tapering process.\n\"(Kaplan’s statements) caused a little confusion about the taper timeline, but in my opinion the equity markets are focused on geopolitical issues,\" said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors in Hunt Valley, Maryland. \"There’s a flight to safety during geopolitical tensions.\"\n\"I am surprised the market the market hasn’t fallen more, given the fear that it could take focus away from (U.S. President Joe Biden's) domestic agenda,\" Horneman added.\nThe economy grew at a slightly faster pace than originally reported in the second quarter, fully recovering its losses from the most abrupt downturn in U.S. history, according to the Commerce Department. But jobless claims, though still on a downward trajectory, ticked higher last week.\nThe data did little to move the needle with respect to expectations that the Fed is unlikely tip its hand regarding the taper timeline when Chairman Jerome Powell unmutes and delivers his speech at Friday's virtual Jackson Hole Symposium.\n\"We’re going to see a lot of market participants analyze every word (Powell) uses, but at the end of the day, they will begin tapering,\" Horneman said. \"I’m more concerned about the speed at which they taper. What are they going to start with? That will give us a clearer indication as whether they’re getting more hawkish.\"\nThe Dow Jones Industrial Average fell 192.38 points, or 0.54%, to 35,213.12, the S&P 500 lost 26.19 points, or 0.58%, to 4,470 and the Nasdaq Composite dropped 96.05 points, or 0.64%, to 14,945.81.\nOf the 11 major sectors in the S&P 500, all but real estate ended the session lower, with energy stocks suffering the steepest percentage loss.\nDiscount retailers Dollar General Corp and Dollar Tree Inc slid 3.8% and 12.1%, respectively, after warning higher transportation costs will hurt their bottom lines.\nCoty Inc jumped 14.7% after the cosmetics firm said it expects to post full-year sales growth for the first time in three years.\nSalesforce.com Inc hiked its earnings forecast as the shift to a hybrid work model is expected to fuel strong demand. Its shares advanced 2.7%.\nNetApp Inc jumped 4.7% as brokerages raised their price targets in the wake of the cloud computing firm's better-than-expected 2022 earnings outlook.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 1.83-to-1 ratio favored decliners.\nThe S&P 500 posted 31 new 52-week highs and two new lows; the Nasdaq Composite recorded 82 new highs and 39 new lows.\nVolume on U.S. exchanges was 8.27 billion shares, compared with the 8.96 billion average over the last 20 trading days. (Reporting by Stephen Culp; Additional reporting by Devik Jain in Bengaluru Editing by Marguerita Choy)","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183973559,"gmtCreate":1623303926671,"gmtModify":1704200481466,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"woooooaw","listText":"woooooaw","text":"woooooaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/183973559","repostId":"1114854557","repostType":4,"repost":{"id":"1114854557","kind":"news","pubTimestamp":1623302413,"share":"https://ttm.financial/m/news/1114854557?lang=&edition=fundamental","pubTime":"2021-06-10 13:20","market":"us","language":"en","title":"The Fed Is Paying 0.00%. Such a Deal! Depositors Are Flocking","url":"https://stock-news.laohu8.com/highlight/detail?id=1114854557","media":"bloomberg","summary":"You would think the Federal Reserve would have a hard time attracting funds by offering an interest ","content":"<p>You would think the Federal Reserve would have a hard time attracting funds by offering an interest rate of 0.00%, and for a long time that was true. After all, why earn nothing on your money when there’s Bitcoin and AMC Entertainment Holdings Inc. and lumber and houses in Boise? Many days last year and early this year&nbsp;there were no takers.</p>\n<p>Starting in April, though, no interest started looking&nbsp;interesting to certain investors&nbsp;with too much cash on their hands. The amount of money they placed at the Fed overnight at 0.00% grew from nothing to single-digit millions to billions and, as of June 8, $497.4&nbsp;billion. That’s the most ever.</p>\n<p>The Federal Reserve Swallows Up Money</p>\n<p>Money market funds and others are depositing more funds overnight at the central bank</p>\n<p>Source: Federal Reserve Bank of New York</p>\n<p>Banks and money market mutual funds are unhappy with the situation and they’re&nbsp;pressing the Federal Reserve to do something about it. Others say there’s no rush to tinker. The Fed facility that’s taking in all that money is “doing what it’s designed to do,” Credit Suisse Group AG analyst Zoltan Pozsar wrote in a client note on June 4.</p>\n<p>Meanwhile, the numbers are likely to get even bigger, the Bank Policy Institute, a research and advocacy group, said&nbsp;on June 8. “We could see take-up nearing $1 trillion at the end of the second quarter of 2021, driven by the seasonal spikes,”wroteFrancisco Covas, its head of research.</p>\n<p>The quick explanation for this is that there’s a lot of money sloshing around the financial system, and for regulatory reasons banks don’t want to take it in as deposits. So money market mutual funds are absorbing the money. Each night they place some of their assets with the Fed and earn nothing, which is bad for their profitability. As for the Fed, the reason it even offers the facility is that otherwise the forces of supply and demand might push the federal funds rate below zero, which it has vowed not to let happen.</p>\n<p>The longer explanation gets at why this is suddenly happening now. As the Bank Policy Institute explains, the key reason is a rule change regarding bank capital requirements that took effect on April 1. It has to do with a clunky requirement called the supplementary leverage ratio, which is intended to prevent banks from taking on too much debt to acquire assets. The fear, of course, is that the assets will lose value and make the banks insolvent. The supplementary ratio, in its clunky way, treats all assets as equally risky, even though of course they aren’t:&nbsp;Treasury bonds and reserves at the Fed are extremely safe.</p>\n<p>When the Covid-19 crisis hit last year, regulators waived the rule, temporarily excluding banks’ holdings of Treasury bonds and reserves&nbsp;from the supplementary leverage ratio calculation. But the waiver ended on&nbsp;March 31 of this year, so banks once again have an incentive not to take in a lot of funds (such as deposits) to acquire a lot of assets (such as Treasuries and reserves). A related&nbsp;rule that’s getting the biggest banks to push away deposits is the capital surcharge for global systemically important banks.</p>\n<p>The Fed itself is increasing the pressure on the system by continuing to buy&nbsp;$120 billion a month of&nbsp;Treasuries and mortgage-backed securities to push down long-term interest rates. The money the Fed pays out, instead of going into bank deposits, is winding up in money market mutual funds, and then circulating into the Fed’s deposit facility, which consists of overnight reverse repurchase agreements.</p>\n<p>One problem with this situation is that the Fed is taking over what used to be a mostly private function. If money market funds get used to keeping a lot of their money at the Fed instead of investing in, say, the commercial paper of private companies, they may switch even more money to the Fed in some future crisis, depriving the private sector of&nbsp;needed funds. This isn’t just a theoretical concern—companies lost access to funding in the global financial crisis of 2007-09.</p>\n<p>The Bank Policy Institute quotes from a 2015&nbsp;Fed staffworking paper:</p>\n<p><i>“Most importantly, a permanently expanded role for the Federal Reserve in short-term funding markets could reshape the financial industry in ways that may be difficult to&nbsp;anticipate and that may prove to be&nbsp;undesirable. For example, a permanent or long-lasting&nbsp;facility that causes very significant crowding out of short-term financing could lead to&nbsp;atrophying of the private infrastructure that supports these markets. Partially in response to some&nbsp;of these concerns, the FOMC has made clear that an ON RRP facility is not intended to be&nbsp;permanent.”</i></p>\n<p>Except now the overnight reverse repurchase facility seemingly is permanent, or at least long-lasting—and large.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed Is Paying 0.00%. Such a Deal! Depositors Are Flocking</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed Is Paying 0.00%. Such a Deal! Depositors Are Flocking\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 13:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-09/the-fed-is-paying-0-00-such-a-deal-depositors-are-flocking><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You would think the Federal Reserve would have a hard time attracting funds by offering an interest rate of 0.00%, and for a long time that was true. After all, why earn nothing on your money when ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-09/the-fed-is-paying-0-00-such-a-deal-depositors-are-flocking\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-09/the-fed-is-paying-0-00-such-a-deal-depositors-are-flocking","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114854557","content_text":"You would think the Federal Reserve would have a hard time attracting funds by offering an interest rate of 0.00%, and for a long time that was true. After all, why earn nothing on your money when there’s Bitcoin and AMC Entertainment Holdings Inc. and lumber and houses in Boise? Many days last year and early this year there were no takers.\nStarting in April, though, no interest started looking interesting to certain investors with too much cash on their hands. The amount of money they placed at the Fed overnight at 0.00% grew from nothing to single-digit millions to billions and, as of June 8, $497.4 billion. That’s the most ever.\nThe Federal Reserve Swallows Up Money\nMoney market funds and others are depositing more funds overnight at the central bank\nSource: Federal Reserve Bank of New York\nBanks and money market mutual funds are unhappy with the situation and they’re pressing the Federal Reserve to do something about it. Others say there’s no rush to tinker. The Fed facility that’s taking in all that money is “doing what it’s designed to do,” Credit Suisse Group AG analyst Zoltan Pozsar wrote in a client note on June 4.\nMeanwhile, the numbers are likely to get even bigger, the Bank Policy Institute, a research and advocacy group, said on June 8. “We could see take-up nearing $1 trillion at the end of the second quarter of 2021, driven by the seasonal spikes,”wroteFrancisco Covas, its head of research.\nThe quick explanation for this is that there’s a lot of money sloshing around the financial system, and for regulatory reasons banks don’t want to take it in as deposits. So money market mutual funds are absorbing the money. Each night they place some of their assets with the Fed and earn nothing, which is bad for their profitability. As for the Fed, the reason it even offers the facility is that otherwise the forces of supply and demand might push the federal funds rate below zero, which it has vowed not to let happen.\nThe longer explanation gets at why this is suddenly happening now. As the Bank Policy Institute explains, the key reason is a rule change regarding bank capital requirements that took effect on April 1. It has to do with a clunky requirement called the supplementary leverage ratio, which is intended to prevent banks from taking on too much debt to acquire assets. The fear, of course, is that the assets will lose value and make the banks insolvent. The supplementary ratio, in its clunky way, treats all assets as equally risky, even though of course they aren’t: Treasury bonds and reserves at the Fed are extremely safe.\nWhen the Covid-19 crisis hit last year, regulators waived the rule, temporarily excluding banks’ holdings of Treasury bonds and reserves from the supplementary leverage ratio calculation. But the waiver ended on March 31 of this year, so banks once again have an incentive not to take in a lot of funds (such as deposits) to acquire a lot of assets (such as Treasuries and reserves). A related rule that’s getting the biggest banks to push away deposits is the capital surcharge for global systemically important banks.\nThe Fed itself is increasing the pressure on the system by continuing to buy $120 billion a month of Treasuries and mortgage-backed securities to push down long-term interest rates. The money the Fed pays out, instead of going into bank deposits, is winding up in money market mutual funds, and then circulating into the Fed’s deposit facility, which consists of overnight reverse repurchase agreements.\nOne problem with this situation is that the Fed is taking over what used to be a mostly private function. If money market funds get used to keeping a lot of their money at the Fed instead of investing in, say, the commercial paper of private companies, they may switch even more money to the Fed in some future crisis, depriving the private sector of needed funds. This isn’t just a theoretical concern—companies lost access to funding in the global financial crisis of 2007-09.\nThe Bank Policy Institute quotes from a 2015 Fed staffworking paper:\n“Most importantly, a permanently expanded role for the Federal Reserve in short-term funding markets could reshape the financial industry in ways that may be difficult to anticipate and that may prove to be undesirable. For example, a permanent or long-lasting facility that causes very significant crowding out of short-term financing could lead to atrophying of the private infrastructure that supports these markets. Partially in response to some of these concerns, the FOMC has made clear that an ON RRP facility is not intended to be permanent.”\nExcept now the overnight reverse repurchase facility seemingly is permanent, or at least long-lasting—and large.","news_type":1},"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576232257279797","authorId":"3576232257279797","name":"dandan_4896","avatar":"https://static.tigerbbs.com/d8b00e27a4dd6f248e38c3d78f21f188","crmLevel":2,"crmLevelSwitch":1,"idStr":"3576232257279797","authorIdStr":"3576232257279797"},"content":"everyday sleep at 5am","text":"everyday sleep at 5am","html":"everyday sleep at 5am"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882643308,"gmtCreate":1631690299204,"gmtModify":1676530609590,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"woooooooaaaw","listText":"woooooooaaaw","text":"woooooooaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/882643308","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","kind":"news","pubTimestamp":1631660884,"share":"https://ttm.financial/m/news/1148341685?lang=&edition=fundamental","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p>\n<p>So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p>\n<p>“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p>\n<p>The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p>\n<p>“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p>\n<p>The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p>\n<p>U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</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>U.S. stocks close lower on worries over recovery, corporate tax hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880447279,"gmtCreate":1631076416691,"gmtModify":1676530461028,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wooooooaaaaw","listText":"wooooooaaaaw","text":"wooooooaaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/880447279","repostId":"1148263008","repostType":4,"repost":{"id":"1148263008","kind":"news","pubTimestamp":1631073672,"share":"https://ttm.financial/m/news/1148263008?lang=&edition=fundamental","pubTime":"2021-09-08 12:01","market":"us","language":"en","title":"Toshiba Undecided on Privatization Amid Talks With Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1148263008","media":"Bloomberg","summary":"Board hasn’t decided on ‘most appropriate course of action’\nTroubled conglomerate gives update on it","content":"<ul>\n <li>Board hasn’t decided on ‘most appropriate course of action’</li>\n <li>Troubled conglomerate gives update on its strategic review</li>\n</ul>\n<p>Toshiba Corp.’s board is yet to reach a decision on whether the troubled conglomerate should pursue going private, as talks with investors on the company’s strategic direction continue.</p>\n<p>The board “has not yet decided on the most appropriate course of action and is continuing to explore feasible strategic alternatives,” Toshiba&nbsp;said&nbsp;Wednesday. Its panel exploring strategic alternatives has been engaged in active dialogue with potential investors, but there are “multiple issues” related to a potential privatization to be resolved, the company said.</p>\n<p>Toshiba started weighing options including privatizationin Mayafter weeks of takeover discussions sparked by private equity firm CVC Capital Partners’ $21 billion acquisition bid. Investors including 3D Investment Partners have pressured the Japanese energy-to-electronics conglomerate to conduct a full strategic review and explore any serious interest in the company to rebuild shareholder trust.</p>\n<p>Shares of Toshiba were&nbsp;little changed&nbsp;in early afternoon trading in Tokyo. They have advanced about 5% since the company kicked off the review, saying that it had appointed UBS as financial adviser and that it would consider potential offers. The company deemed the CVC proposal&nbsp;insufficiently detailed&nbsp;to evaluate.</p>\n<p>The search for a new chief executive officer is progressing, with the company saying it’ll narrow down a list of candidates in the coming months. Its previous CEO, Nobuaki Kurumatani, stepped down in April after he suffered a sharp drop in support from employees and executives. In June, shareholders voted to oust Chairman of the Board Osamu Nagayama in a rare triumph for activist investors.</p>\n<p>Once a storied name in Japan, Toshiba has faded dramatically after years of management missteps. It paid a record fine in an accounting scandal and then lost billions on a bungled foray into nuclear power. The conglomerate invented flash memory three decades ago, but was forced to sell most of its prized chip business in 2018 because of losses in its nuclear-power operation.</p>\n<p></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toshiba Undecided on Privatization Amid Talks With Investors</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\">\nToshiba Undecided on Privatization Amid Talks With Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 12:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-08/toshiba-panel-has-evaluated-privatization-board-undecided?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Board hasn’t decided on ‘most appropriate course of action’\nTroubled conglomerate gives update on its strategic review\n\nToshiba Corp.’s board is yet to reach a decision on whether the troubled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-08/toshiba-panel-has-evaluated-privatization-board-undecided?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TOSYY":"东芝"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-08/toshiba-panel-has-evaluated-privatization-board-undecided?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148263008","content_text":"Board hasn’t decided on ‘most appropriate course of action’\nTroubled conglomerate gives update on its strategic review\n\nToshiba Corp.’s board is yet to reach a decision on whether the troubled conglomerate should pursue going private, as talks with investors on the company’s strategic direction continue.\nThe board “has not yet decided on the most appropriate course of action and is continuing to explore feasible strategic alternatives,” Toshiba said Wednesday. Its panel exploring strategic alternatives has been engaged in active dialogue with potential investors, but there are “multiple issues” related to a potential privatization to be resolved, the company said.\nToshiba started weighing options including privatizationin Mayafter weeks of takeover discussions sparked by private equity firm CVC Capital Partners’ $21 billion acquisition bid. Investors including 3D Investment Partners have pressured the Japanese energy-to-electronics conglomerate to conduct a full strategic review and explore any serious interest in the company to rebuild shareholder trust.\nShares of Toshiba were little changed in early afternoon trading in Tokyo. They have advanced about 5% since the company kicked off the review, saying that it had appointed UBS as financial adviser and that it would consider potential offers. The company deemed the CVC proposal insufficiently detailed to evaluate.\nThe search for a new chief executive officer is progressing, with the company saying it’ll narrow down a list of candidates in the coming months. Its previous CEO, Nobuaki Kurumatani, stepped down in April after he suffered a sharp drop in support from employees and executives. In June, shareholders voted to oust Chairman of the Board Osamu Nagayama in a rare triumph for activist investors.\nOnce a storied name in Japan, Toshiba has faded dramatically after years of management missteps. It paid a record fine in an accounting scandal and then lost billions on a bungled foray into nuclear power. The conglomerate invented flash memory three decades ago, but was forced to sell most of its prized chip business in 2018 because of losses in its nuclear-power operation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817472861,"gmtCreate":1630984526653,"gmtModify":1676530434687,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"woooooooaaaaw","listText":"woooooooaaaaw","text":"woooooooaaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/817472861","repostId":"1170846245","repostType":4,"repost":{"id":"1170846245","kind":"news","pubTimestamp":1630983881,"share":"https://ttm.financial/m/news/1170846245?lang=&edition=fundamental","pubTime":"2021-09-07 11:04","market":"us","language":"en","title":"Nvidia: AI Leadership Key To Continuous Double-Digit Stock Price Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1170846245","media":"Seeking Alpha","summary":"Summary\n\nThe company’s share price has surged 42% along with its revenues at 54%, we aimed to determ","content":"<p><b>Summary</b></p>\n<ul>\n <li>The company’s share price has surged 42% along with its revenues at 54%, we aimed to determine if the share price has reached its peak or if there is more.</li>\n <li>It is advancing its AI leadership to capture growth opportunities in the booming cloud market fueled by the rising volume of data.</li>\n <li>We determine that pricing increase rather than shipment growth was the key to its PC GPU sales, and its pricing power was due to its performance improvements with every new.</li>\n <li>Despite the company’s Arm acquisition still pending regulatory approval, it has gone ahead in advancing its product development with Arm’s architecture, with its new BlueField DPU and Nvidia Grace.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4a1c53ba379b52dcd7584cb55a0b11a\" tg-width=\"1536\" tg-height=\"1053\" referrerpolicy=\"no-referrer\"><span>David Becker/Getty Images News</span></p>\n<p>Since our previous analysis on Nvidia Corp (NVDA), the company’s full-year revenues have increased by 53% in 2020 which has exceeded our&nbsp;expectations&nbsp;of 43% growth with higher GPU sales across PC and data center markets. As such, the company’s stock price also surges well past our previous price target of $578.39. In this analysis, we determine if its impressive growth can continue and justify a higher valuation for the company.</p>\n<p>The main segments of the company contributing to its high growth were the Data center &amp; Gaming segment representing 40.2% and 46.5% of its total revenues respectively. We identified Nvidia’s AI leadership as a key advantage fuelling the growth across its data center segment capitalizing on rising data creation from AI, HPC and IoT applications with its AI leadership through its innovative products catered towards the booming cloud market. Besides data centers, gaming continues to be a key driver with its continuous performance improvements backed by new releases of next-generation GPU models contributing to rising pricing power to maintain ASP growth.</p>\n<p>Finally, we followed up on the Arm acquisition which is slated by management to conclude by early 2022. Through the acquisition of Arm, it not only earns incremental licensing revenue but also the ability to further leverage its CPU capabilities to develop and expand its range of Arm-based products including upcoming CPUs launches and the latest DPU SoCs. As the company is in the progress of obtaining regulatory clearance, we analysed the effect of the acquisition on the market competitiveness of the CPU markets.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/620b8212ee6f5ba62d2f6ac3f3e7be2c\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>Source: Nvidia</span></p>\n<p><b>AI Leadership ensures High Growth Across Key Data Centre Segment</b></p>\n<p>The increasing volumes of data created will fuel&nbsp;data center&nbsp;growth over the next decade. An important aspect of this will be machine-to-machine and Artificial Intelligence ('AI') technologies that enable massive volumes of data to be processed with ease and speed. AI data processing is made possible by a system of linked supercomputers that are used to process complex workloads by running millions of simulations and financial models to generate predictions from massive volumes of data by identifying a pattern and then replicating that pattern identification across other data. As can be imagined,AI computing&nbsp;would require massive computing infrastructure.</p>\n<p>Driven by the advent of AI, HPC, IoT and edge computing,data creation&nbsp;is projected to grow at a rate of&nbsp;around&nbsp;23% in the next 5 years. This would require greater cloud infrastructure to handle the increase in data. To determine the growth in cloud infrastructure revenues, we identified the factor of correlation of cloud infrastructure revenues to data volume growth over the past 10 years. The factor identified of 1.65x was applied to data volume growth projections to estimate the cloud infrastructure market growth rate to the year 2025.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/65dce37578817882262e6dc751775292\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>Source: Statista, Khaveen Investments</span></p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Volume of Data Worldwide</b></p></td>\n   <td><p><b>2016</b></p></td>\n   <td><p><b>2017</b></p></td>\n   <td><p><b>2018</b></p></td>\n   <td><p><b>2019</b></p></td>\n   <td><p><b>2020</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n   <td><p><b>2024F</b></p></td>\n   <td><p><b>2025F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Cloud Infrastructure Market Revenues ($ bln)</p></td>\n   <td><p>32</p></td>\n   <td><p>46.5</p></td>\n   <td><p>69</p></td>\n   <td><p>96</p></td>\n   <td><p>129.5</p></td>\n   <td><p>178.9</p></td>\n   <td><p>246.3</p></td>\n   <td><p>342.9</p></td>\n   <td><p>470.6</p></td>\n   <td><p>650.6</p></td>\n  </tr>\n  <tr>\n   <td><p>Cloud Infrastructure Market Revenue Growth %<b><i>('a')</i></b></p></td>\n   <td><p>52%</p></td>\n   <td><p>45%</p></td>\n   <td><p>48%</p></td>\n   <td><p>39%</p></td>\n   <td><p>35%</p></td>\n   <td><p>38%</p></td>\n   <td><p>38%</p></td>\n   <td><p>39%</p></td>\n   <td><p>37%</p></td>\n   <td><p>38%</p></td>\n  </tr>\n  <tr>\n   <td><p>Data Volume (ZB)</p></td>\n   <td><p>18</p></td>\n   <td><p>26</p></td>\n   <td><p>33</p></td>\n   <td><p>41</p></td>\n   <td><p>64.2</p></td>\n   <td><p>79</p></td>\n   <td><p>97</p></td>\n   <td><p>120</p></td>\n   <td><p>147</p></td>\n   <td><p>181</p></td>\n  </tr>\n  <tr>\n   <td><p>Data Volume Growth %<b><i>('b')</i></b></p></td>\n   <td><p>16%</p></td>\n   <td><p>44%</p></td>\n   <td><p>27%</p></td>\n   <td><p>24%</p></td>\n   <td><p>57%</p></td>\n   <td><p>23%</p></td>\n   <td><p>23%</p></td>\n   <td><p>24%</p></td>\n   <td><p>23%</p></td>\n   <td><p>23%</p></td>\n  </tr>\n  <tr>\n   <td><p>Cloud Infrastructure Revenue Growth/Data Volume Growth Factor<i><b>('c')</b></i></p></td>\n   <td><p>3.25</p></td>\n   <td><p>1.02</p></td>\n   <td><p>1.80</p></td>\n   <td><p>1.61</p></td>\n   <td><p>0.62</p></td>\n   <td><p>1.65</p></td>\n   <td><p>1.65</p></td>\n   <td><p>1.65</p></td>\n   <td><p>1.65</p></td>\n   <td><p>1.65</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>*A =C x B</i></p>\n<p><i>Source:Statista, Khaveen Investments</i></p>\n<p>As mentioned, Artificial Intelligence ('AI') will play a crucial role in synthesizing and storing these waves of data. The race of AI computing technology is being led by semiconductor companies that create the chips that enable technology across all segments of the market. As such, innovations in AI have been especially expeditious in the semiconductor industry with several companies such as Nvidia, Intel and AMD developing significant AI capabilities in their chip systems.</p>\n<p>We view Nvidia in particular, as not just an AI leader of the semiconductor industry, but as the AI leader of the world. Nvidia&nbsp;aims&nbsp;to develop AI solutions for every industry and is already well on the way there. It is the leader in autonomous vehicles, with its&nbsp;AI-enabled&nbsp;Advanced Driver Assistance Systems (ADAS) being developed for global automakers, having already secured $8 bln in automotive&nbsp;design wins. Notwithstanding, Nvidia’s automotive segment only&nbsp;represents&nbsp;3.2% of its revenues. Nvidia’s key data center segment that represents 40.2% of its revenues, is where the company’s AI leadership is really seen. The company recently&nbsp;announced&nbsp;that its AI-powered&nbsp;DGX server&nbsp;has been adopted by the top 10 Aerospace companies, 6 of the top 10 US banks, and 8 out of the 10 top global telcos.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f6012b1f26e3dc39c6d52fa790b5723c\" tg-width=\"640\" tg-height=\"640\" referrerpolicy=\"no-referrer\"><span>Source: Statista</span></p>\n<p>As data volume and workload grow, it gets more difficult to transmit the data. To tackle this, enterprises are expected to bring applications and storage closer to themselves rather than transporting resources to a central location. As a result, large enterprises are more likely to build on-site data storage centers which require the use of an on-site fully built server system. This is where Nvidia’s latest DGX server comes into play. To put things in perspective, these aren’t the $500 GPU chipsets used in PCs. The GPU-enabled DGX servers are provided on a subscription model, with a single one&nbsp;costing&nbsp;a massive $4.3 million a year. As to the capability of DGX, its initial design was reported to have one of the world’s&nbsp;fastest&nbsp;AI workload speeds by the National Energy Research Scientific Computer Center (NERSC). Given both the first mover and technological advantage that Nvidia has, we see the company in a prime position to capture the on-premises server market in addition to the cloud server market. As such we expect the company’s data segment revenue as a percentage of total cloud capex to continue increasing at 3%. This was derived through our calculations by first estimating the total capex by the top 4 cloud providers (Amazon (AMZN), Microsoft (MSFT), Google (GOOG), Alibaba (BABA)) and adjusted by its market share as the total cloud capex.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Cloud Providers Capex ($ mln)</b></p></td>\n   <td><p><b>2011</b></p></td>\n   <td><p><b>2012</b></p></td>\n   <td><p><b>2013</b></p></td>\n   <td><p><b>2014</b></p></td>\n   <td><p><b>2015</b></p></td>\n   <td><p><b>2016</b></p></td>\n   <td><p><b>2017</b></p></td>\n   <td><p><b>2018</b></p></td>\n   <td><p><b>2019</b></p></td>\n   <td><p><b>2020</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Amazon</p></td>\n   <td><p>3,785</p></td>\n   <td><p>3,444</p></td>\n   <td><p>4,893</p></td>\n   <td><p>5,387</p></td>\n   <td><p>7,804</p></td>\n   <td><p>11,955</p></td>\n   <td><p>13,427</p></td>\n   <td><p>16,861</p></td>\n   <td><p>40,140</p></td>\n   <td><p>45,427</p></td>\n  </tr>\n  <tr>\n   <td><p>Microsoft</p></td>\n   <td><p>2,355</p></td>\n   <td><p>2,305</p></td>\n   <td><p>4,257</p></td>\n   <td><p>5,485</p></td>\n   <td><p>5,944</p></td>\n   <td><p>8,343</p></td>\n   <td><p>8,129</p></td>\n   <td><p>11,632</p></td>\n   <td><p>13,925</p></td>\n   <td><p>15,441</p></td>\n  </tr>\n  <tr>\n   <td><p>Google</p></td>\n   <td><p>3,438</p></td>\n   <td><p>3,273</p></td>\n   <td><p>7,358</p></td>\n   <td><p>11,014</p></td>\n   <td><p>9,950</p></td>\n   <td><p>10,212</p></td>\n   <td><p>13,184</p></td>\n   <td><p>25,139</p></td>\n   <td><p>23,548</p></td>\n   <td><p>22,281</p></td>\n  </tr>\n  <tr>\n   <td><p>Alibaba</p></td>\n   <td><p>403</p></td>\n   <td><p>768</p></td>\n   <td><p>1,243</p></td>\n   <td><p>1,680</p></td>\n   <td><p>1,598</p></td>\n   <td><p>3,129</p></td>\n   <td><p>5,287</p></td>\n   <td><p>4,596</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Total (Top 4)</b></p></td>\n   <td><p><b>9,578</b></p></td>\n   <td><p><b>9,022</b></p></td>\n   <td><p><b>16,911</b></p></td>\n   <td><p><b>22,654</b></p></td>\n   <td><p><b>24,941</b></p></td>\n   <td><p><b>32,190</b></p></td>\n   <td><p><b>36,338</b></p></td>\n   <td><p><b>56,761</b></p></td>\n   <td><p><b>82,900</b></p></td>\n   <td><p><b>87,745</b></p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Nvidia, Amazon, Microsoft, Google, Alibaba, Khaveen Investments</i></p>\n<p>We then estimated the total cloud capex growth rate by basing it on the forecasted growth in the cloud infrastructure revenues on a 10-year average factor of 0.68x. With the growth in cloud capex, we computed Nvidia’s share of capex spending which has been growing at 3% on average in the past 7 years. Nvidia’s AI-powered GPU accelerators are&nbsp;deployed&nbsp;in more than 97% of all AI-accelerator hardware used by the top 4 cloud providers (Amazon, Google, Microsoft, and Alibaba). These top 4 cloud providers alone control 67%. Applying our estimated share of capex, we forecasted its total data center revenues growing at around 30%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/972996ded01571c84ee7d865f95435f9\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>Source: Nvidia, Amazon, Microsoft, Google, Alibaba, Statista, Khaveen Investments</span></p>\n<p><b>Continuous Performance Excellence Leads to Continuous Pricing Premium</b></p>\n<p>Nvidia’s Gaming segment revenue growth has&nbsp;averaged&nbsp;a stellar 27% in the past 7 years. The main contributor is rising ASPs which averaged 27% whereas&nbsp;shipments&nbsp;growth was flat. Although Nvidia accounts for 81% of the discrete GPU market share and steadily rising, its market share in the overall GPU market has declined slightly against AMD (AMD) and Intel (INTC) who also manufactures integrated GPUs but is planning to develop its Alchemist product while Nvidia only produces discrete chips.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5ed7f76f27711b67ba1d494638a060a\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>Source: Statista, JPR, Khaveen Investments</span></p>\n<p>Based on its stagnant share of the overall GPU market, this implies that demand for the integrated GPU market continues to remain strong. PC shipments grew at -0.8% within the same period. Whereas GPU unit shipments were lower than the PC shipment growth with an average of -2%. One of the attributable factors is the rising GPU costs relative to stagnant PC&nbsp;prices. In the past 5 years, Nvidia’s average ASP as a percentage of PC ASP has risen from 19% to 38%, making it harder for PC makers to cater to the mid-range and entry-level markets which presence remains stable. As costs continue to increase and Intel seeks to capitalize on its&nbsp;refreshed&nbsp;Intel Iris Xe integrated chips, we see Nvidia’s share of overall GPUs to decline and PC shipments&nbsp;CAGR&nbsp;of 3% through 2025.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Gaming PC Share of Market Revenues</b></p></td>\n   <td><p><b>2016</b></p></td>\n   <td><p><b>2020</b></p></td>\n  </tr>\n  <tr>\n   <td><p>High End</p></td>\n   <td><p>43%</p></td>\n   <td><p>47%</p></td>\n  </tr>\n  <tr>\n   <td><p>Mid-Range</p></td>\n   <td><p>35%</p></td>\n   <td><p>34%</p></td>\n  </tr>\n  <tr>\n   <td><p>Entry Level</p></td>\n   <td><p>22%</p></td>\n   <td><p>19%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source:JPR</i></p>\n<p>However, every year, Nvidia releases a new product lineup offering better performance against the previous models. From&nbsp;GPU&nbsp;Check, we obtained the average benchmark score of all GPU models released for each year to obtain an average score and the average performance increase at 22% per year. Then, the average performance increase is compared to the increase in Nvidia’s ASPs for each year to derive the ASP growth to performance growth factor average of 1.1x. This implies that Nvidia’s GPU performance increase can sustain its ASP growth at a factor of 1.1x. We believe this to be fair, given the company’s solid track record of continuous product development. Its next generation of GPUs with the Ampere Next architecture is expected to be launched next year with the anticipated RTX 4000&nbsp;series&nbsp;a successor to its current lineup. One of the major significant upgrades anticipated is the&nbsp;switch&nbsp;towards TSMC’s(NYSE:TSM)N5 process allowing even more GPU cores and transistors than the current Ampere GPUs manufactured on TSMC’s N7 and Samsung(OTC:SSNLF)8N process. Even longer-term, the company’s roadmaps indicate continued innovation with the following generation of ‘Ampere Next Next’ expected in 2024 which could utilize TSMC’s N3 process.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c0ab0660f3bc9b1ab75ae03877a268d\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>Source: Statista, GPU Checker, Khaveen Investments</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/82397f7b6f6e1ac39d9771917dfbfb12\" tg-width=\"455\" tg-height=\"691\" referrerpolicy=\"no-referrer\"><span>Source: Nvidia, Statista, JPR, GPU Checker</span></p>\n<p>All in all, the main driver of gaming revenues is rising prices from continuous product development rather than unit shipments. Nonetheless, the robust demand on GPU shipments seen based on data from JPR indicates a major tailwind in 2021 and forecasted a growth rate of 36% based on the average GPU shipments growth rates of Q1 and Q2. Though we expect growth to normalize, and we based our shipment growth assumption beyond 2021 on a 3.5%&nbsp;CAGR&nbsp;through 2025. Also, accounting for Nvidia’s market share in GPUs, we derived its total unit shipment as well as ASP growth to forecast its total gaming revenue growth.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1cb4092eda26a27e19113abde9ffe4e5\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"><span>Source: Nvidia, Statista, JPR</span></p>\n<table>\n <tbody></tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Annualized Nvidia</b></p></td>\n   <td><p><b>2016</b></p></td>\n   <td><p><b>2017</b></p></td>\n   <td><p><b>2018</b></p></td>\n   <td><p><b>2019</b></p></td>\n   <td><p><b>2020</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n   <td><p><b>2024F</b></p></td>\n   <td><p><b>2025F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Shipments<b><i>('a')</i></b></p></td>\n   <td><p>34.76</p></td>\n   <td><p>37.67</p></td>\n   <td><p>33.58</p></td>\n   <td><p>27.68</p></td>\n   <td><p>31.95</p></td>\n   <td><p>43.45</p></td>\n   <td><p>44.97</p></td>\n   <td><p>46.55</p></td>\n   <td><p>48.18</p></td>\n   <td><p>49.86</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Shipments Growth %</b></p></td>\n   <td><p><b>-1%</b></p></td>\n   <td><p><b>8%</b></p></td>\n   <td><p><b>-11%</b></p></td>\n   <td><p><b>-18%</b></p></td>\n   <td><p><b>15%</b></p></td>\n   <td><p><b>36.0%</b></p></td>\n   <td><p><b>3.5%</b></p></td>\n   <td><p><b>3.5%</b></p></td>\n   <td><p><b>3.5%</b></p></td>\n   <td><p><b>3.5%</b></p></td>\n  </tr>\n  <tr>\n   <td><p>ASPs<b><i>('b')</i></b></p></td>\n   <td><p>116.8</p></td>\n   <td><p>146.4</p></td>\n   <td><p>186.1</p></td>\n   <td><p>199.4</p></td>\n   <td><p>242.8</p></td>\n   <td><p>300.4</p></td>\n   <td><p>371.5</p></td>\n   <td><p>459.5</p></td>\n   <td><p>568.3</p></td>\n   <td><p>702.8</p></td>\n  </tr>\n  <tr>\n   <td><p><b>ASP Growth %</b></p></td>\n   <td><p><b>45%</b></p></td>\n   <td><p><b>25%</b></p></td>\n   <td><p><b>27%</b></p></td>\n   <td><p><b>7%</b></p></td>\n   <td><p><b>22%</b></p></td>\n   <td><p>24%</p></td>\n   <td><p>24%</p></td>\n   <td><p>24%</p></td>\n   <td><p>24%</p></td>\n   <td><p>24%</p></td>\n  </tr>\n  <tr>\n   <td><p>Gaming Revenues ($ mln)<b><i>('c')</i></b></p></td>\n   <td><p>4,060</p></td>\n   <td><p>5,513</p></td>\n   <td><p>6,250</p></td>\n   <td><p>5,518</p></td>\n   <td><p>7,759</p></td>\n   <td><p>13,051</p></td>\n   <td><p>16,707</p></td>\n   <td><p>21,386</p></td>\n   <td><p>27,377</p></td>\n   <td><p>35,045</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Gaming Revenues Growth %</b></p></td>\n   <td><p><b>44.1%</b></p></td>\n   <td><p><b>35.8%</b></p></td>\n   <td><p><b>13.4%</b></p></td>\n   <td><p><b>-11.7%</b></p></td>\n   <td><p><b>40.6%</b></p></td>\n   <td><p><b>68.2%</b></p></td>\n   <td><p><b>28.0%</b></p></td>\n   <td><p><b>28.0%</b></p></td>\n   <td><p><b>28.0%</b></p></td>\n   <td><p><b>28.0%</b></p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>*C = A x B</i></p>\n<p><i>Source: Nvidia,Statista,JPR,WCCF Tech</i></p>\n<p><b>Growth From Arm Regardless of Acquisition Approval</b></p>\n<p>Already a leading developer of GPUs, Nvidia is using its advantage in AI to produce a range of new products. It is acquiring Arm to leverage its CPU capabilities across key industries as seen with theexpansionof its Certified Systems with BlueField DPU SoCsfeaturing22 bln transistors and incorporating 16 Arm-based CPUs along with a 400 gigabits-per-second networking chip. The combination of both company’scapabilitieswith CPU from Arm and Mellanox networking solution for an advanced chip enhanced by is AI Enterprise software suite in partnership with VMware (VMW) vSphere creating a new market for Nvidia. The company has already received strong support fromcustomersincluding Dell Technologies (DELL), Inspur (OTC:INPRF), Lenovo (OTCPK:LNVGY) and Supermicro integrating its DPUs into their systems. Besides that, cloud service providers such as Baidu are using its DPUs to accelerate workloads. Additionally, it is also planning to enter the data centerCPUmarket with Nvidia Grace against incumbents Intel and AMD.</p>\n<p>That said, the deal is pending regulatory approval and management isexpectingto obtain clearance by early 2022. The HHI index is a measure of market competitiveness commonlyusedby governmental bodies such as the FTC and the Department of Justice in M&amp;A deals. It serves as guidance whether a deal would go through, or antitrust action would be taken depending on the concentration level.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Post-Merger HHI</b></p></td>\n   <td><p><b>Change from Premerger HHI</b></p></td>\n   <td><p><b>Antitrust Action</b></p></td>\n  </tr>\n  <tr>\n   <td><p>HHI &lt; 1000</p><p>Not concentrated,</p></td>\n   <td><p>Any</p></td>\n   <td><p>No action likely</p></td>\n  </tr>\n  <tr>\n   <td><p>1000 &lt; HHI &lt; 1800</p><p>Moderately Concentrated,</p></td>\n   <td><p>&gt;100</p></td>\n   <td><p>Moderately Concentrated, Possible Action</p></td>\n  </tr>\n  <tr>\n   <td><p>1800 &lt; HHI</p><p>Highly Concentrated,</p></td>\n   <td><p>&gt;50</p></td>\n   <td><p>Challenge very Likely</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source:OpenTextBC</i></p>\n<p>For the Arm deal, the HHI calculation would be applied on the PC CPU and server market shares only as only Nvidia, AMD and Intel compete within the GPU markets. In Nvidia’s case, the HHI value for both markets would not change as it represents Arm’s share. For example, the PC CPU market HHI is valued at 4,312 in both pre-and post-acquisition.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/25d0e917d9b288aacef22216402afb43\" tg-width=\"906\" tg-height=\"507\" width=\"100%\" height=\"auto\"><span>Source: Statista, PCMag</span></p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>Similarly, the CPU market for servers would derive the same HHI score as the PC CPU market as Nvidia would replace Arm’s share. There is no change to the HHI score of 6,334.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2437536c9440e5a297dd29bf0fa530b8\" tg-width=\"906\" tg-height=\"508\" width=\"100%\" height=\"auto\"><span>Source: Nextplatform, Itcandor</span></p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>If we consider Nvidia’s planned entry to the server CPU market with the launch of Nvidia Grace. Even a small increase in share for Nvidia would lead to a reduction in the HHI value by 188. This highlights Intel’s incredibly high market share. Even if the deal does not go through, the market would still become more competitive. Thus, based on the change in HHI values, Nvidia has a rather unique case for the deal going through. It does not compete with Arm directly PC and server CPU markets, it would just take up Arm’s market share and would not lead to any change to the HHI. In fact, it could make the market even more competitive.</p>\n<blockquote>\n Regulators are \"looking to ensure that their markets are pro-competitive, that this is pro-innovation… and this is good for customers. We can prove that and show that and demonstrate that overwhelmingly, so I have no concerns. -\n <i>Jen-Hsun Huang,CEO of Nvidia</i>\n</blockquote>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Server CPU Market Share Pre-Acquisition</b></p></td>\n   <td><p><b>Share</b></p></td>\n   <td><p><b>s</b></p></td>\n   <td><p><b>s^2</b></p></td>\n   <td><p><b>Server CPU Post Acquisition</b></p></td>\n   <td><p><b>Share</b></p></td>\n   <td><p><b>s</b></p></td>\n   <td><p><b>s^2</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Intel</p></td>\n   <td><p>78%</p></td>\n   <td><p>78</p></td>\n   <td><p>6084</p></td>\n   <td><p>Intel</p></td>\n   <td><p>77%</p></td>\n   <td><p>77</p></td>\n   <td><p>5929</p></td>\n  </tr>\n  <tr>\n   <td><p>AMD</p></td>\n   <td><p>9%</p></td>\n   <td><p>9</p></td>\n   <td><p>81</p></td>\n   <td><p>AMD</p></td>\n   <td><p>8%</p></td>\n   <td><p>8</p></td>\n   <td><p>64</p></td>\n  </tr>\n  <tr>\n   <td><p>Arm</p></td>\n   <td><p>13%</p></td>\n   <td><p>13</p></td>\n   <td><p>169</p></td>\n   <td><p>Arm</p></td>\n   <td><p>12%</p></td>\n   <td><p>12</p></td>\n   <td><p>144</p></td>\n  </tr>\n  <tr>\n   <td><p>-</p></td>\n   <td><p>Nvidia</p></td>\n   <td><p>3%</p></td>\n   <td><p>3</p></td>\n   <td><p>9</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Total</b></p></td>\n   <td><p><b>6334</b></p></td>\n   <td><p><b>Total</b></p></td>\n   <td><p><b>6146</b></p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Nextplatform, Itcandor, Khaveen Investments</i></p>\n<p>Furthermore, Nvidia’s acquisition comes at a time when M&amp;A activity has risen in the semiconductor market with the average deal value rising by more than 5 times since 2015. Should the deal go through, it would make it the most valuable semicon deal in history at $40 bln. Though, larger deals in the past have broken down due to antitrust. Out of 32 of the largestdealssince 2015, only 3 major deals above $1 bln have fallen apart representing a 9.3% rejection rateincludingKLA (KLAC) and Lam Research (LRCX) merger, Qualcomm (QCOM) acquisition of NXP(NASDAQ:NXPI)and Broadcom’s (AVGO) acquisition of Qualcomm. On the other hand, smaller deals valued at below $1 bln had fewer issues with antitrust. Of the 98 deals, only 4 deals were stopped by regulators which is a 4% rejection rate. This implies that larger deals attract greater scrutiny, which is negative for Nvidia considering it is the highest valued semicon deal.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f15f3619d3f243fbda6bedc37d7bb89c\" tg-width=\"482\" tg-height=\"246\" width=\"100%\" height=\"auto\"><span>Source:Design&amp;Reuse</span></p>\n<p><b>Acquisition Approval Risk</b></p>\n<p>Initially, the expectation of the Arm acquisition deal to go through is by Q1 2022 but subject to regulatory approval from various governmental bodies. There are several arguments that the deal might be delayed or would ultimately fail to get approval. Based on our previousanalysis, we highlighted several headwinds that could arise from regulators across various jurisdictions which include:</p>\n<ul>\n <li>Tensions between the US and China and to protect Arm China against possible intervention by foreign governments in the future</li>\n <li>The intention for the UK to protect its local industry and prioritize local jobs, technological expertise and intellectual property</li>\n <li>European authorities seeking to protect companies’ access to advanced technology and preserve sovereignty and independence</li>\n</ul>\n<p>While management stated its confidence that the Arm deal would go through as planned, these headwinds may pose a risk for the company to meet its deadline. In the Q2 2022 earnings briefing, Nvidia acknowledged the headwinds in obtaining regulatoryapprovalwhich is taking longer than initially thought.</p>\n<blockquote>\n We are working through the regulatory process, although some Arm licensees have expressed concerns and objected to the transaction, and discussions with regulators are taking longer than initially thought\n <i>- Nvidia CFOColette Kress</i>\n</blockquote>\n<p>A breakdown of the agreement could lead to the company incurring fees related to the failure of the acquisition. A couple of months ago, the deal faced several risks of beingdelayedas seen with the European regulator’s reluctance to consider the case until after the summer holidays to gather more information. Nvidia is reported to notify the European Commission in early September as the EU is set tolauncha formal probe into the deal. Also, the US FTC has been seeking to gather more information while Big Techs including Google, Microsoft, and Qualcomm complained about limiting competition. Whereas in China, the company applied with Chinese authorities but appears to be facing tensions with the axed CEO of Arm China which ischallengingthe company for unfair dismissal.</p>\n<p>It is believed that the agreement allows both companies to extend the deal to Q3 2022 but either party could walk away beyond that. That said, even the deal fails to go through, we believe that the company may be able to realize synergies anyway given its strong product development in the pipeline.</p>\n<p><b>Valuation</b></p>\n<p>The company has had an average revenue growth rate of 29.01% in the past 5 years with average gross and net margins of 61.05% and 28.4% respectively. The strength of its earnings and margins is its increasing margin as a result of lower COGS as a percentage of revenues which declined by 3.9% on average in the past 10 years. In comparison to other chipmakers, Nvidia’s gross margins are higher than the industry average of 47.2% and net margins of 13.2% which highlights its superior pricing power which saw ASPs rising by 25% on average in the past 6 years due to its dominance over the discrete GPU market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3bfb1b7c9d729426c5e3c88230e32091\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Nvidia, Khaveen Investments</span></p>\n<p>In terms of cash flows, the company’s 5-year average FCF margin is 15.14% and has steadily increased as it grows its operating cash flows. Its margins appear to be volatile due to its investments in marketable securities with an inflow of $6.6 bln in 2019 and an outflow of $10 bln in 2020. However, excluding this, it has very high levels of cash generation with an adjusted average FCF margin of 29.1%. Thus, it is not only saving up for larger acquisitions in the future, but it indicates its solid profitability and earning power which would make it highly valuable even when growth slows down.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de12e328a7e3922a8cb21f9f53b77128\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Nvidia, Khaveen Investments</span></p>\n<p>Moreover, the company has a strong balance sheet with a debt-to-equity ratio of 0.7x in 2020 with a high EBITDA interest coverage of 114x in the past 5 years indicating its solid ability to repay its debts. In comparison with other chipmaker competitors, its debt-to-equity is significantly lower than the average of 1.35x which highlights its advantage as a fabless chipmaker with a lean balance sheet.</p>\n<p>We valued the company based on a P/S valuation due to its superb revenue growth as a rapidly growing company. To determine the appropriate P/S multiple to use, we calculated the average P/S ratio of the chipmakers according to their 5-year CAGR.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Average Chipmaker Revenue CAGR (5Yrs)</b></p></td>\n   <td><p><b>PS Ratio</b></p></td>\n  </tr>\n  <tr>\n   <td><p>35%+</p></td>\n   <td><p>25.07</p></td>\n  </tr>\n  <tr>\n   <td><p>30%-35%</p></td>\n   <td><p>22.03</p></td>\n  </tr>\n  <tr>\n   <td><p>25%-30%</p></td>\n   <td><p>20.00</p></td>\n  </tr>\n  <tr>\n   <td><p>20%-25%</p></td>\n   <td><p>15.95</p></td>\n  </tr>\n  <tr>\n   <td><p>15% -20%</p></td>\n   <td><p>11.73</p></td>\n  </tr>\n  <tr>\n   <td><p>10%-15%</p></td>\n   <td><p>7.52</p></td>\n  </tr>\n  <tr>\n   <td><p>0%-10%</p></td>\n   <td><p>6.76</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: SeekingAlpha, Khaveen Investments</i></p>\n<p>Firstly, we forecasted its revenues through 2025 without including Arm based on Nvidia growth in gaming and data center as discussed above. The automotive revenues are projected based on a 22% CAGR derived from its $8 bln automotive pipeline assuming it realizes it by 2025. The professional visualization segment is based on the workstation marketCAGRof 9.8% from 2022 through 2025 while the OEM revenues are based on annualized results in 2021.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Nvidia Revenue Forecast Without Arm ($ mln)</b></p></td>\n   <td><p><b>2020</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n   <td><p><b>2024F</b></p></td>\n   <td><p><b>2025F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Gaming</p></td>\n   <td><p>7,759</p></td>\n   <td><p>13,051</p></td>\n   <td><p>16,707</p></td>\n   <td><p>21,386</p></td>\n   <td><p>27,377</p></td>\n   <td><p>35,045</p></td>\n  </tr>\n  <tr>\n   <td><p>Professional Visualization</p></td>\n   <td><p>1,053</p></td>\n   <td><p>1,782</p></td>\n   <td><p>1,957</p></td>\n   <td><p>2,148</p></td>\n   <td><p>2,359</p></td>\n   <td><p>2,590</p></td>\n  </tr>\n  <tr>\n   <td><p>Data Center</p></td>\n   <td><p>6,696</p></td>\n   <td><p>9,649</p></td>\n   <td><p>11,727</p></td>\n   <td><p>14,410</p></td>\n   <td><p>17,452</p></td>\n   <td><p>21,298</p></td>\n  </tr>\n  <tr>\n   <td><p>Automotive</p></td>\n   <td><p>536</p></td>\n   <td><p>654</p></td>\n   <td><p>798</p></td>\n   <td><p>973</p></td>\n   <td><p>1,187</p></td>\n   <td><p>1,449</p></td>\n  </tr>\n  <tr>\n   <td><p>OEM and Other</p></td>\n   <td><p>631</p></td>\n   <td><p>1,472</p></td>\n   <td><p>1,472</p></td>\n   <td><p>1,472</p></td>\n   <td><p>1,472</p></td>\n   <td><p>1,472</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Total</b></p></td>\n   <td><p><b>16,675</b></p></td>\n   <td><p><b>26,608</b></p></td>\n   <td><p><b>32,660</b></p></td>\n   <td><p><b>40,390</b></p></td>\n   <td><p><b>49,847</b></p></td>\n   <td><p><b>61,853</b></p></td>\n  </tr>\n  <tr>\n   <td><p><b>Growth %</b></p></td>\n   <td><p><b>53%</b></p></td>\n   <td><p>59.6%</p></td>\n   <td><p>22.7%</p></td>\n   <td><p>23.7%</p></td>\n   <td><p>23.4%</p></td>\n   <td><p>24.1%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Nvidia, Khaveen Investments</i></p>\n<p>In addition, we previously computed the potentialsynergiesfrom Arm should the deal go through as planned in 2022. Furthermore, Arm’s revenues are also included in the forecast.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Synergies ($ mln)</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n   <td><p><b>2024F</b></p></td>\n   <td><p><b>2025F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Gaming</p></td>\n   <td><p>742</p></td>\n   <td><p>1,993</p></td>\n   <td><p>4,018</p></td>\n   <td><p>6,327</p></td>\n  </tr>\n  <tr>\n   <td><p>Professional Visualization</p></td>\n   <td><p>90</p></td>\n   <td><p>205</p></td>\n   <td><p>351</p></td>\n   <td><p>489</p></td>\n  </tr>\n  <tr>\n   <td><p>Data Center</p></td>\n   <td><p>459</p></td>\n   <td><p>1,406</p></td>\n   <td><p>3,230</p></td>\n   <td><p>5,694</p></td>\n  </tr>\n  <tr>\n   <td><p>Automotive</p></td>\n   <td><p>25</p></td>\n   <td><p>69</p></td>\n   <td><p>140</p></td>\n   <td><p>207</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Total Synergies</b></p></td>\n   <td><p><b>1,316</b></p></td>\n   <td><p><b>3,673</b></p></td>\n   <td><p><b>7,739</b></p></td>\n   <td><p><b>12,717</b></p></td>\n  </tr>\n  <tr>\n   <td><p><b>Arm Revenues</b></p></td>\n   <td><p><b>2,145</b></p></td>\n   <td><p><b>2,280</b></p></td>\n   <td><p><b>2,423</b></p></td>\n   <td><p><b>2,576</b></p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Nvidia, Khaveen Investments</i></p>\n<p><b>Bear Case</b></p>\n<p>The bear case valuation assumes a 25% probability of the deal going through should the company face challenges from antitrust regulators. Also, the bear case assumes 80% of synergies and Arm revenues would be realized.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Bear Case</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n   <td><p><b>2024F</b></p></td>\n   <td><p><b>2025F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Nvidia revenues ($ mln)</p></td>\n   <td><p>26,608</p></td>\n   <td><p>33,995</p></td>\n   <td><p>42,265</p></td>\n   <td><p>52,607</p></td>\n   <td><p>65,685</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>59.6%</p></td>\n   <td><p>27.8%</p></td>\n   <td><p>24.3%</p></td>\n   <td><p>24.5%</p></td>\n   <td><p>24.9%</p></td>\n  </tr>\n  <tr>\n   <td><p>P/S Ratio</p></td>\n   <td><p>25.07</p></td>\n   <td><p>20.00</p></td>\n   <td><p>15.95</p></td>\n   <td><p>15.95</p></td>\n   <td><p>15.95</p></td>\n  </tr>\n  <tr>\n   <td><p>Valuation ($ mln)</p></td>\n   <td><p>667,068</p></td>\n   <td><p>680,022</p></td>\n   <td><p>674,119</p></td>\n   <td><p>839,081</p></td>\n   <td><p>1,047,673</p></td>\n  </tr>\n  <tr>\n   <td><p>Number of shares outstanding ('mln')</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Target Share Price</b></p></td>\n   <td><p><b>$267.90</b></p></td>\n   <td><p><b>$273.10</b></p></td>\n   <td><p><b>$270.73</b></p></td>\n   <td><p><b>$336.98</b></p></td>\n   <td><p><b>$420.75</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Current Share Price</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Upside</b></p></td>\n   <td><p><b>19.6%</b></p></td>\n   <td><p><b>21.9%</b></p></td>\n   <td><p><b>20.9%</b></p></td>\n   <td><p><b>50.5%</b></p></td>\n   <td><p><b>87.9%</b></p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Khaveen Investments</i></p>\n<p><b>Base Case</b></p>\n<p>Whereas the base case assumes a 50% probability on the basis of its continued progress to complete the deal but also the possible delays due to regulators requiring more information. Also, we assume 100% of synergies to be realised through the acquisition.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Base Case</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n   <td><p><b>2024F</b></p></td>\n   <td><p><b>2025F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Nvidia revenues ($ mln)</p></td>\n   <td><p>26,608</p></td>\n   <td><p>34,927</p></td>\n   <td><p>43,937</p></td>\n   <td><p>55,534</p></td>\n   <td><p>70,144</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>59.6%</p></td>\n   <td><p>31.3%</p></td>\n   <td><p>25.8%</p></td>\n   <td><p>26.4%</p></td>\n   <td><p>26.3%</p></td>\n  </tr>\n  <tr>\n   <td><p>P/S Ratio</p></td>\n   <td><p>25.07</p></td>\n   <td><p>22.03</p></td>\n   <td><p>20.00</p></td>\n   <td><p>20.00</p></td>\n   <td><p>20.00</p></td>\n  </tr>\n  <tr>\n   <td><p>Valuation ($ mln)</p></td>\n   <td><p>667,068</p></td>\n   <td><p>769,432</p></td>\n   <td><p>878,877</p></td>\n   <td><p>1,110,874</p></td>\n   <td><p>1,403,114</p></td>\n  </tr>\n  <tr>\n   <td><p>Number of shares outstanding ('mln')</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Target Share Price</b></p></td>\n   <td><p><b>$267.90</b></p></td>\n   <td><p><b>$309.01</b></p></td>\n   <td><p><b>$352.96</b></p></td>\n   <td><p><b>$446.13</b></p></td>\n   <td><p><b>$563.50</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Current Share Price</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Upside</b></p></td>\n   <td><p><b>19.6%</b></p></td>\n   <td><p><b>38.0%</b></p></td>\n   <td><p><b>57.6%</b></p></td>\n   <td><p><b>99.2%</b></p></td>\n   <td><p><b>151.6%</b></p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Khaveen Investments</i></p>\n<p><b>Bull Case</b></p>\n<p>Finally, the bull case assumes a 100% probability as we believe the acquisition would not lead to greater market concentration but rather a more competitive one as its case for the deal to go through. Also, we assume 120% of synergies to be realised through the acquisition.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Bull Case</b></p></td>\n   <td><p><b>2021F</b></p></td>\n   <td><p><b>2022F</b></p></td>\n   <td><p><b>2023F</b></p></td>\n   <td><p><b>2024F</b></p></td>\n   <td><p><b>2025F</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Nvidia revenues ($ mln)</p></td>\n   <td><p>26,608</p></td>\n   <td><p>36,384</p></td>\n   <td><p>47,078</p></td>\n   <td><p>61,558</p></td>\n   <td><p>79,690</p></td>\n  </tr>\n  <tr>\n   <td><p>Growth %</p></td>\n   <td><p>59.6%</p></td>\n   <td><p>36.7%</p></td>\n   <td><p>29.4%</p></td>\n   <td><p>30.8%</p></td>\n   <td><p>29.5%</p></td>\n  </tr>\n  <tr>\n   <td><p>P/S Ratio</p></td>\n   <td><p>25.07</p></td>\n   <td><p>25.07</p></td>\n   <td><p>20.00</p></td>\n   <td><p>22.03</p></td>\n   <td><p>20.00</p></td>\n  </tr>\n  <tr>\n   <td><p>Valuation ($ mln)</p></td>\n   <td><p>667,068</p></td>\n   <td><p>912,153</p></td>\n   <td><p>941,714</p></td>\n   <td><p>1,356,113</p></td>\n   <td><p>1,594,068</p></td>\n  </tr>\n  <tr>\n   <td><p>Number of shares outstanding ('mln')</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n   <td><p>2,490</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Target Share Price</b></p></td>\n   <td><p><b>$267.90</b></p></td>\n   <td><p><b>$366.33</b></p></td>\n   <td><p><b>$378.20</b></p></td>\n   <td><p><b>$544.62</b></p></td>\n   <td><p><b>$640.19</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Current Share Price</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>$223.96</p></td>\n  </tr>\n  <tr>\n   <td><p><b>Upside</b></p></td>\n   <td><p><b>19.6%</b></p></td>\n   <td><p><b>63.6%</b></p></td>\n   <td><p><b>68.9%</b></p></td>\n   <td><p><b>143.2%</b></p></td>\n   <td><p><b>185.8%</b></p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Khaveen Investments</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8db79f76b76c1204c2fcb9cbcc04f1e2\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Khaveen Investments</span></p>\n<p>Our 1-year average price target for the bear, base and bull case is $270.50, $288.45, $317.11 with an upside of 20.8%, 28.8% and 41.6% respectively.</p>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>1-year Average Price Target</b></p></td>\n   <td><p><b>Target Price</b></p></td>\n   <td><p><b>Current Price</b></p></td>\n   <td><p><b>Upside</b></p></td>\n  </tr>\n  <tr>\n   <td><p>Bear Case</p></td>\n   <td><p>$270.50</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>20.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>Base Case</p></td>\n   <td><p>$288.45</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>28.8%</p></td>\n  </tr>\n  <tr>\n   <td><p>Bull Case</p></td>\n   <td><p>$317.11</p></td>\n   <td><p>$223.96</p></td>\n   <td><p>41.6%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Khaveen Investments</i></p>\n<p><b>Verdict</b></p>\n<p>To sum it up, the company’s growth prospects are supported by its solid innovative capabilities leading to its AI leadership and GPU performance excellence. Highlighting the advancement of its AI strategy around the data center markets, we believe it can capitalize on the booming cloud growth and increasing capex share to benefit its data center revenues. Additionally, despite the flattish shipment growth, we believe it can continue to grow its gaming revenues highlighting its consistent performance improvement with its next-gen Ampere Next based models. As it advances its AI strategy, it is looking to leverage Arm’s incredible CPU IP across its latest product R&amp;D for the data center for future launches. Compared to our previous analysis, we applied a quantitative P/S multiple to reflect its superb growth outlook as one of the highest in the industry. Based on our valuation model using a P/S multiple, its projected revenue growth rate of 59.6% in 2021 driven by strong growth momentum across gaming and data center segments provides an upside opportunity of 28.8% as its stock price has already increased by 71% year to date. Overall, we rate the company as a<i>Buy</i>with a target price of<i>$288.45.</i></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>Nvidia: AI Leadership Key To Continuous Double-Digit Stock Price Growth</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\">\nNvidia: AI Leadership Key To Continuous Double-Digit Stock Price Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4453780-nvidia-ai-leadership-key-to-continuous-double-digit-stock-price-growth><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe company’s share price has surged 42% along with its revenues at 54%, we aimed to determine if the share price has reached its peak or if there is more.\nIt is advancing its AI leadership ...</p>\n\n<a href=\"https://seekingalpha.com/article/4453780-nvidia-ai-leadership-key-to-continuous-double-digit-stock-price-growth\">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/4453780-nvidia-ai-leadership-key-to-continuous-double-digit-stock-price-growth","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170846245","content_text":"Summary\n\nThe company’s share price has surged 42% along with its revenues at 54%, we aimed to determine if the share price has reached its peak or if there is more.\nIt is advancing its AI leadership to capture growth opportunities in the booming cloud market fueled by the rising volume of data.\nWe determine that pricing increase rather than shipment growth was the key to its PC GPU sales, and its pricing power was due to its performance improvements with every new.\nDespite the company’s Arm acquisition still pending regulatory approval, it has gone ahead in advancing its product development with Arm’s architecture, with its new BlueField DPU and Nvidia Grace.\n\nDavid Becker/Getty Images News\nSince our previous analysis on Nvidia Corp (NVDA), the company’s full-year revenues have increased by 53% in 2020 which has exceeded our expectations of 43% growth with higher GPU sales across PC and data center markets. As such, the company’s stock price also surges well past our previous price target of $578.39. In this analysis, we determine if its impressive growth can continue and justify a higher valuation for the company.\nThe main segments of the company contributing to its high growth were the Data center & Gaming segment representing 40.2% and 46.5% of its total revenues respectively. We identified Nvidia’s AI leadership as a key advantage fuelling the growth across its data center segment capitalizing on rising data creation from AI, HPC and IoT applications with its AI leadership through its innovative products catered towards the booming cloud market. Besides data centers, gaming continues to be a key driver with its continuous performance improvements backed by new releases of next-generation GPU models contributing to rising pricing power to maintain ASP growth.\nFinally, we followed up on the Arm acquisition which is slated by management to conclude by early 2022. Through the acquisition of Arm, it not only earns incremental licensing revenue but also the ability to further leverage its CPU capabilities to develop and expand its range of Arm-based products including upcoming CPUs launches and the latest DPU SoCs. As the company is in the progress of obtaining regulatory clearance, we analysed the effect of the acquisition on the market competitiveness of the CPU markets.\nSource: Nvidia\nAI Leadership ensures High Growth Across Key Data Centre Segment\nThe increasing volumes of data created will fuel data center growth over the next decade. An important aspect of this will be machine-to-machine and Artificial Intelligence ('AI') technologies that enable massive volumes of data to be processed with ease and speed. AI data processing is made possible by a system of linked supercomputers that are used to process complex workloads by running millions of simulations and financial models to generate predictions from massive volumes of data by identifying a pattern and then replicating that pattern identification across other data. As can be imagined,AI computing would require massive computing infrastructure.\nDriven by the advent of AI, HPC, IoT and edge computing,data creation is projected to grow at a rate of around 23% in the next 5 years. This would require greater cloud infrastructure to handle the increase in data. To determine the growth in cloud infrastructure revenues, we identified the factor of correlation of cloud infrastructure revenues to data volume growth over the past 10 years. The factor identified of 1.65x was applied to data volume growth projections to estimate the cloud infrastructure market growth rate to the year 2025.\nSource: Statista, Khaveen Investments\n\n\n\nVolume of Data Worldwide\n2016\n2017\n2018\n2019\n2020\n2021F\n2022F\n2023F\n2024F\n2025F\n\n\nCloud Infrastructure Market Revenues ($ bln)\n32\n46.5\n69\n96\n129.5\n178.9\n246.3\n342.9\n470.6\n650.6\n\n\nCloud Infrastructure Market Revenue Growth %('a')\n52%\n45%\n48%\n39%\n35%\n38%\n38%\n39%\n37%\n38%\n\n\nData Volume (ZB)\n18\n26\n33\n41\n64.2\n79\n97\n120\n147\n181\n\n\nData Volume Growth %('b')\n16%\n44%\n27%\n24%\n57%\n23%\n23%\n24%\n23%\n23%\n\n\nCloud Infrastructure Revenue Growth/Data Volume Growth Factor('c')\n3.25\n1.02\n1.80\n1.61\n0.62\n1.65\n1.65\n1.65\n1.65\n1.65\n\n\n\n*A =C x B\nSource:Statista, Khaveen Investments\nAs mentioned, Artificial Intelligence ('AI') will play a crucial role in synthesizing and storing these waves of data. The race of AI computing technology is being led by semiconductor companies that create the chips that enable technology across all segments of the market. As such, innovations in AI have been especially expeditious in the semiconductor industry with several companies such as Nvidia, Intel and AMD developing significant AI capabilities in their chip systems.\nWe view Nvidia in particular, as not just an AI leader of the semiconductor industry, but as the AI leader of the world. Nvidia aims to develop AI solutions for every industry and is already well on the way there. It is the leader in autonomous vehicles, with its AI-enabled Advanced Driver Assistance Systems (ADAS) being developed for global automakers, having already secured $8 bln in automotive design wins. Notwithstanding, Nvidia’s automotive segment only represents 3.2% of its revenues. Nvidia’s key data center segment that represents 40.2% of its revenues, is where the company’s AI leadership is really seen. The company recently announced that its AI-powered DGX server has been adopted by the top 10 Aerospace companies, 6 of the top 10 US banks, and 8 out of the 10 top global telcos.\nSource: Statista\nAs data volume and workload grow, it gets more difficult to transmit the data. To tackle this, enterprises are expected to bring applications and storage closer to themselves rather than transporting resources to a central location. As a result, large enterprises are more likely to build on-site data storage centers which require the use of an on-site fully built server system. This is where Nvidia’s latest DGX server comes into play. To put things in perspective, these aren’t the $500 GPU chipsets used in PCs. The GPU-enabled DGX servers are provided on a subscription model, with a single one costing a massive $4.3 million a year. As to the capability of DGX, its initial design was reported to have one of the world’s fastest AI workload speeds by the National Energy Research Scientific Computer Center (NERSC). Given both the first mover and technological advantage that Nvidia has, we see the company in a prime position to capture the on-premises server market in addition to the cloud server market. As such we expect the company’s data segment revenue as a percentage of total cloud capex to continue increasing at 3%. This was derived through our calculations by first estimating the total capex by the top 4 cloud providers (Amazon (AMZN), Microsoft (MSFT), Google (GOOG), Alibaba (BABA)) and adjusted by its market share as the total cloud capex.\n\n\n\nCloud Providers Capex ($ mln)\n2011\n2012\n2013\n2014\n2015\n2016\n2017\n2018\n2019\n2020\n\n\nAmazon\n3,785\n3,444\n4,893\n5,387\n7,804\n11,955\n13,427\n16,861\n40,140\n45,427\n\n\nMicrosoft\n2,355\n2,305\n4,257\n5,485\n5,944\n8,343\n8,129\n11,632\n13,925\n15,441\n\n\nGoogle\n3,438\n3,273\n7,358\n11,014\n9,950\n10,212\n13,184\n25,139\n23,548\n22,281\n\n\nAlibaba\n403\n768\n1,243\n1,680\n1,598\n3,129\n5,287\n4,596\n\n\nTotal (Top 4)\n9,578\n9,022\n16,911\n22,654\n24,941\n32,190\n36,338\n56,761\n82,900\n87,745\n\n\n\nSource: Nvidia, Amazon, Microsoft, Google, Alibaba, Khaveen Investments\nWe then estimated the total cloud capex growth rate by basing it on the forecasted growth in the cloud infrastructure revenues on a 10-year average factor of 0.68x. With the growth in cloud capex, we computed Nvidia’s share of capex spending which has been growing at 3% on average in the past 7 years. Nvidia’s AI-powered GPU accelerators are deployed in more than 97% of all AI-accelerator hardware used by the top 4 cloud providers (Amazon, Google, Microsoft, and Alibaba). These top 4 cloud providers alone control 67%. Applying our estimated share of capex, we forecasted its total data center revenues growing at around 30%.\nSource: Nvidia, Amazon, Microsoft, Google, Alibaba, Statista, Khaveen Investments\nContinuous Performance Excellence Leads to Continuous Pricing Premium\nNvidia’s Gaming segment revenue growth has averaged a stellar 27% in the past 7 years. The main contributor is rising ASPs which averaged 27% whereas shipments growth was flat. Although Nvidia accounts for 81% of the discrete GPU market share and steadily rising, its market share in the overall GPU market has declined slightly against AMD (AMD) and Intel (INTC) who also manufactures integrated GPUs but is planning to develop its Alchemist product while Nvidia only produces discrete chips.\nSource: Statista, JPR, Khaveen Investments\nBased on its stagnant share of the overall GPU market, this implies that demand for the integrated GPU market continues to remain strong. PC shipments grew at -0.8% within the same period. Whereas GPU unit shipments were lower than the PC shipment growth with an average of -2%. One of the attributable factors is the rising GPU costs relative to stagnant PC prices. In the past 5 years, Nvidia’s average ASP as a percentage of PC ASP has risen from 19% to 38%, making it harder for PC makers to cater to the mid-range and entry-level markets which presence remains stable. As costs continue to increase and Intel seeks to capitalize on its refreshed Intel Iris Xe integrated chips, we see Nvidia’s share of overall GPUs to decline and PC shipments CAGR of 3% through 2025.\n\n\n\nGaming PC Share of Market Revenues\n2016\n2020\n\n\nHigh End\n43%\n47%\n\n\nMid-Range\n35%\n34%\n\n\nEntry Level\n22%\n19%\n\n\n\nSource:JPR\nHowever, every year, Nvidia releases a new product lineup offering better performance against the previous models. From GPU Check, we obtained the average benchmark score of all GPU models released for each year to obtain an average score and the average performance increase at 22% per year. Then, the average performance increase is compared to the increase in Nvidia’s ASPs for each year to derive the ASP growth to performance growth factor average of 1.1x. This implies that Nvidia’s GPU performance increase can sustain its ASP growth at a factor of 1.1x. We believe this to be fair, given the company’s solid track record of continuous product development. Its next generation of GPUs with the Ampere Next architecture is expected to be launched next year with the anticipated RTX 4000 series a successor to its current lineup. One of the major significant upgrades anticipated is the switch towards TSMC’s(NYSE:TSM)N5 process allowing even more GPU cores and transistors than the current Ampere GPUs manufactured on TSMC’s N7 and Samsung(OTC:SSNLF)8N process. Even longer-term, the company’s roadmaps indicate continued innovation with the following generation of ‘Ampere Next Next’ expected in 2024 which could utilize TSMC’s N3 process.\nSource: Statista, GPU Checker, Khaveen Investments\nSource: Nvidia, Statista, JPR, GPU Checker\nAll in all, the main driver of gaming revenues is rising prices from continuous product development rather than unit shipments. Nonetheless, the robust demand on GPU shipments seen based on data from JPR indicates a major tailwind in 2021 and forecasted a growth rate of 36% based on the average GPU shipments growth rates of Q1 and Q2. Though we expect growth to normalize, and we based our shipment growth assumption beyond 2021 on a 3.5% CAGR through 2025. Also, accounting for Nvidia’s market share in GPUs, we derived its total unit shipment as well as ASP growth to forecast its total gaming revenue growth.\nSource: Nvidia, Statista, JPR\n\n\n\n\n\n\nAnnualized Nvidia\n2016\n2017\n2018\n2019\n2020\n2021F\n2022F\n2023F\n2024F\n2025F\n\n\nShipments('a')\n34.76\n37.67\n33.58\n27.68\n31.95\n43.45\n44.97\n46.55\n48.18\n49.86\n\n\nShipments Growth %\n-1%\n8%\n-11%\n-18%\n15%\n36.0%\n3.5%\n3.5%\n3.5%\n3.5%\n\n\nASPs('b')\n116.8\n146.4\n186.1\n199.4\n242.8\n300.4\n371.5\n459.5\n568.3\n702.8\n\n\nASP Growth %\n45%\n25%\n27%\n7%\n22%\n24%\n24%\n24%\n24%\n24%\n\n\nGaming Revenues ($ mln)('c')\n4,060\n5,513\n6,250\n5,518\n7,759\n13,051\n16,707\n21,386\n27,377\n35,045\n\n\nGaming Revenues Growth %\n44.1%\n35.8%\n13.4%\n-11.7%\n40.6%\n68.2%\n28.0%\n28.0%\n28.0%\n28.0%\n\n\n\n*C = A x B\nSource: Nvidia,Statista,JPR,WCCF Tech\nGrowth From Arm Regardless of Acquisition Approval\nAlready a leading developer of GPUs, Nvidia is using its advantage in AI to produce a range of new products. It is acquiring Arm to leverage its CPU capabilities across key industries as seen with theexpansionof its Certified Systems with BlueField DPU SoCsfeaturing22 bln transistors and incorporating 16 Arm-based CPUs along with a 400 gigabits-per-second networking chip. The combination of both company’scapabilitieswith CPU from Arm and Mellanox networking solution for an advanced chip enhanced by is AI Enterprise software suite in partnership with VMware (VMW) vSphere creating a new market for Nvidia. The company has already received strong support fromcustomersincluding Dell Technologies (DELL), Inspur (OTC:INPRF), Lenovo (OTCPK:LNVGY) and Supermicro integrating its DPUs into their systems. Besides that, cloud service providers such as Baidu are using its DPUs to accelerate workloads. Additionally, it is also planning to enter the data centerCPUmarket with Nvidia Grace against incumbents Intel and AMD.\nThat said, the deal is pending regulatory approval and management isexpectingto obtain clearance by early 2022. The HHI index is a measure of market competitiveness commonlyusedby governmental bodies such as the FTC and the Department of Justice in M&A deals. It serves as guidance whether a deal would go through, or antitrust action would be taken depending on the concentration level.\n\n\n\nPost-Merger HHI\nChange from Premerger HHI\nAntitrust Action\n\n\nHHI < 1000Not concentrated,\nAny\nNo action likely\n\n\n1000 < HHI < 1800Moderately Concentrated,\n>100\nModerately Concentrated, Possible Action\n\n\n1800 < HHIHighly Concentrated,\n>50\nChallenge very Likely\n\n\n\nSource:OpenTextBC\nFor the Arm deal, the HHI calculation would be applied on the PC CPU and server market shares only as only Nvidia, AMD and Intel compete within the GPU markets. In Nvidia’s case, the HHI value for both markets would not change as it represents Arm’s share. For example, the PC CPU market HHI is valued at 4,312 in both pre-and post-acquisition.\nSource: Statista, PCMag\n\n\n\n\n\nSimilarly, the CPU market for servers would derive the same HHI score as the PC CPU market as Nvidia would replace Arm’s share. There is no change to the HHI score of 6,334.\nSource: Nextplatform, Itcandor\n\n\n\n\n\nIf we consider Nvidia’s planned entry to the server CPU market with the launch of Nvidia Grace. Even a small increase in share for Nvidia would lead to a reduction in the HHI value by 188. This highlights Intel’s incredibly high market share. Even if the deal does not go through, the market would still become more competitive. Thus, based on the change in HHI values, Nvidia has a rather unique case for the deal going through. It does not compete with Arm directly PC and server CPU markets, it would just take up Arm’s market share and would not lead to any change to the HHI. In fact, it could make the market even more competitive.\n\n Regulators are \"looking to ensure that their markets are pro-competitive, that this is pro-innovation… and this is good for customers. We can prove that and show that and demonstrate that overwhelmingly, so I have no concerns. -\n Jen-Hsun Huang,CEO of Nvidia\n\n\n\n\nServer CPU Market Share Pre-Acquisition\nShare\ns\ns^2\nServer CPU Post Acquisition\nShare\ns\ns^2\n\n\nIntel\n78%\n78\n6084\nIntel\n77%\n77\n5929\n\n\nAMD\n9%\n9\n81\nAMD\n8%\n8\n64\n\n\nArm\n13%\n13\n169\nArm\n12%\n12\n144\n\n\n-\nNvidia\n3%\n3\n9\n\n\nTotal\n6334\nTotal\n6146\n\n\n\nSource: Nextplatform, Itcandor, Khaveen Investments\nFurthermore, Nvidia’s acquisition comes at a time when M&A activity has risen in the semiconductor market with the average deal value rising by more than 5 times since 2015. Should the deal go through, it would make it the most valuable semicon deal in history at $40 bln. Though, larger deals in the past have broken down due to antitrust. Out of 32 of the largestdealssince 2015, only 3 major deals above $1 bln have fallen apart representing a 9.3% rejection rateincludingKLA (KLAC) and Lam Research (LRCX) merger, Qualcomm (QCOM) acquisition of NXP(NASDAQ:NXPI)and Broadcom’s (AVGO) acquisition of Qualcomm. On the other hand, smaller deals valued at below $1 bln had fewer issues with antitrust. Of the 98 deals, only 4 deals were stopped by regulators which is a 4% rejection rate. This implies that larger deals attract greater scrutiny, which is negative for Nvidia considering it is the highest valued semicon deal.\nSource:Design&Reuse\nAcquisition Approval Risk\nInitially, the expectation of the Arm acquisition deal to go through is by Q1 2022 but subject to regulatory approval from various governmental bodies. There are several arguments that the deal might be delayed or would ultimately fail to get approval. Based on our previousanalysis, we highlighted several headwinds that could arise from regulators across various jurisdictions which include:\n\nTensions between the US and China and to protect Arm China against possible intervention by foreign governments in the future\nThe intention for the UK to protect its local industry and prioritize local jobs, technological expertise and intellectual property\nEuropean authorities seeking to protect companies’ access to advanced technology and preserve sovereignty and independence\n\nWhile management stated its confidence that the Arm deal would go through as planned, these headwinds may pose a risk for the company to meet its deadline. In the Q2 2022 earnings briefing, Nvidia acknowledged the headwinds in obtaining regulatoryapprovalwhich is taking longer than initially thought.\n\n We are working through the regulatory process, although some Arm licensees have expressed concerns and objected to the transaction, and discussions with regulators are taking longer than initially thought\n - Nvidia CFOColette Kress\n\nA breakdown of the agreement could lead to the company incurring fees related to the failure of the acquisition. A couple of months ago, the deal faced several risks of beingdelayedas seen with the European regulator’s reluctance to consider the case until after the summer holidays to gather more information. Nvidia is reported to notify the European Commission in early September as the EU is set tolauncha formal probe into the deal. Also, the US FTC has been seeking to gather more information while Big Techs including Google, Microsoft, and Qualcomm complained about limiting competition. Whereas in China, the company applied with Chinese authorities but appears to be facing tensions with the axed CEO of Arm China which ischallengingthe company for unfair dismissal.\nIt is believed that the agreement allows both companies to extend the deal to Q3 2022 but either party could walk away beyond that. That said, even the deal fails to go through, we believe that the company may be able to realize synergies anyway given its strong product development in the pipeline.\nValuation\nThe company has had an average revenue growth rate of 29.01% in the past 5 years with average gross and net margins of 61.05% and 28.4% respectively. The strength of its earnings and margins is its increasing margin as a result of lower COGS as a percentage of revenues which declined by 3.9% on average in the past 10 years. In comparison to other chipmakers, Nvidia’s gross margins are higher than the industry average of 47.2% and net margins of 13.2% which highlights its superior pricing power which saw ASPs rising by 25% on average in the past 6 years due to its dominance over the discrete GPU market.\nSource: Nvidia, Khaveen Investments\nIn terms of cash flows, the company’s 5-year average FCF margin is 15.14% and has steadily increased as it grows its operating cash flows. Its margins appear to be volatile due to its investments in marketable securities with an inflow of $6.6 bln in 2019 and an outflow of $10 bln in 2020. However, excluding this, it has very high levels of cash generation with an adjusted average FCF margin of 29.1%. Thus, it is not only saving up for larger acquisitions in the future, but it indicates its solid profitability and earning power which would make it highly valuable even when growth slows down.\nSource: Nvidia, Khaveen Investments\nMoreover, the company has a strong balance sheet with a debt-to-equity ratio of 0.7x in 2020 with a high EBITDA interest coverage of 114x in the past 5 years indicating its solid ability to repay its debts. In comparison with other chipmaker competitors, its debt-to-equity is significantly lower than the average of 1.35x which highlights its advantage as a fabless chipmaker with a lean balance sheet.\nWe valued the company based on a P/S valuation due to its superb revenue growth as a rapidly growing company. To determine the appropriate P/S multiple to use, we calculated the average P/S ratio of the chipmakers according to their 5-year CAGR.\n\n\n\nAverage Chipmaker Revenue CAGR (5Yrs)\nPS Ratio\n\n\n35%+\n25.07\n\n\n30%-35%\n22.03\n\n\n25%-30%\n20.00\n\n\n20%-25%\n15.95\n\n\n15% -20%\n11.73\n\n\n10%-15%\n7.52\n\n\n0%-10%\n6.76\n\n\n\nSource: SeekingAlpha, Khaveen Investments\nFirstly, we forecasted its revenues through 2025 without including Arm based on Nvidia growth in gaming and data center as discussed above. The automotive revenues are projected based on a 22% CAGR derived from its $8 bln automotive pipeline assuming it realizes it by 2025. The professional visualization segment is based on the workstation marketCAGRof 9.8% from 2022 through 2025 while the OEM revenues are based on annualized results in 2021.\n\n\n\nNvidia Revenue Forecast Without Arm ($ mln)\n2020\n2021F\n2022F\n2023F\n2024F\n2025F\n\n\nGaming\n7,759\n13,051\n16,707\n21,386\n27,377\n35,045\n\n\nProfessional Visualization\n1,053\n1,782\n1,957\n2,148\n2,359\n2,590\n\n\nData Center\n6,696\n9,649\n11,727\n14,410\n17,452\n21,298\n\n\nAutomotive\n536\n654\n798\n973\n1,187\n1,449\n\n\nOEM and Other\n631\n1,472\n1,472\n1,472\n1,472\n1,472\n\n\nTotal\n16,675\n26,608\n32,660\n40,390\n49,847\n61,853\n\n\nGrowth %\n53%\n59.6%\n22.7%\n23.7%\n23.4%\n24.1%\n\n\n\nSource: Nvidia, Khaveen Investments\nIn addition, we previously computed the potentialsynergiesfrom Arm should the deal go through as planned in 2022. Furthermore, Arm’s revenues are also included in the forecast.\n\n\n\nSynergies ($ mln)\n2022F\n2023F\n2024F\n2025F\n\n\nGaming\n742\n1,993\n4,018\n6,327\n\n\nProfessional Visualization\n90\n205\n351\n489\n\n\nData Center\n459\n1,406\n3,230\n5,694\n\n\nAutomotive\n25\n69\n140\n207\n\n\nTotal Synergies\n1,316\n3,673\n7,739\n12,717\n\n\nArm Revenues\n2,145\n2,280\n2,423\n2,576\n\n\n\nSource: Nvidia, Khaveen Investments\nBear Case\nThe bear case valuation assumes a 25% probability of the deal going through should the company face challenges from antitrust regulators. Also, the bear case assumes 80% of synergies and Arm revenues would be realized.\n\n\n\nBear Case\n2021F\n2022F\n2023F\n2024F\n2025F\n\n\nNvidia revenues ($ mln)\n26,608\n33,995\n42,265\n52,607\n65,685\n\n\nGrowth %\n59.6%\n27.8%\n24.3%\n24.5%\n24.9%\n\n\nP/S Ratio\n25.07\n20.00\n15.95\n15.95\n15.95\n\n\nValuation ($ mln)\n667,068\n680,022\n674,119\n839,081\n1,047,673\n\n\nNumber of shares outstanding ('mln')\n2,490\n2,490\n2,490\n2,490\n2,490\n\n\nTarget Share Price\n$267.90\n$273.10\n$270.73\n$336.98\n$420.75\n\n\nCurrent Share Price\n$223.96\n$223.96\n$223.96\n$223.96\n$223.96\n\n\nUpside\n19.6%\n21.9%\n20.9%\n50.5%\n87.9%\n\n\n\nSource: Khaveen Investments\nBase Case\nWhereas the base case assumes a 50% probability on the basis of its continued progress to complete the deal but also the possible delays due to regulators requiring more information. Also, we assume 100% of synergies to be realised through the acquisition.\n\n\n\nBase Case\n2021F\n2022F\n2023F\n2024F\n2025F\n\n\nNvidia revenues ($ mln)\n26,608\n34,927\n43,937\n55,534\n70,144\n\n\nGrowth %\n59.6%\n31.3%\n25.8%\n26.4%\n26.3%\n\n\nP/S Ratio\n25.07\n22.03\n20.00\n20.00\n20.00\n\n\nValuation ($ mln)\n667,068\n769,432\n878,877\n1,110,874\n1,403,114\n\n\nNumber of shares outstanding ('mln')\n2,490\n2,490\n2,490\n2,490\n2,490\n\n\nTarget Share Price\n$267.90\n$309.01\n$352.96\n$446.13\n$563.50\n\n\nCurrent Share Price\n$223.96\n$223.96\n$223.96\n$223.96\n$223.96\n\n\nUpside\n19.6%\n38.0%\n57.6%\n99.2%\n151.6%\n\n\n\nSource: Khaveen Investments\nBull Case\nFinally, the bull case assumes a 100% probability as we believe the acquisition would not lead to greater market concentration but rather a more competitive one as its case for the deal to go through. Also, we assume 120% of synergies to be realised through the acquisition.\n\n\n\nBull Case\n2021F\n2022F\n2023F\n2024F\n2025F\n\n\nNvidia revenues ($ mln)\n26,608\n36,384\n47,078\n61,558\n79,690\n\n\nGrowth %\n59.6%\n36.7%\n29.4%\n30.8%\n29.5%\n\n\nP/S Ratio\n25.07\n25.07\n20.00\n22.03\n20.00\n\n\nValuation ($ mln)\n667,068\n912,153\n941,714\n1,356,113\n1,594,068\n\n\nNumber of shares outstanding ('mln')\n2,490\n2,490\n2,490\n2,490\n2,490\n\n\nTarget Share Price\n$267.90\n$366.33\n$378.20\n$544.62\n$640.19\n\n\nCurrent Share Price\n$223.96\n$223.96\n$223.96\n$223.96\n$223.96\n\n\nUpside\n19.6%\n63.6%\n68.9%\n143.2%\n185.8%\n\n\n\nSource: Khaveen Investments\nSource: Khaveen Investments\nOur 1-year average price target for the bear, base and bull case is $270.50, $288.45, $317.11 with an upside of 20.8%, 28.8% and 41.6% respectively.\n\n\n\n1-year Average Price Target\nTarget Price\nCurrent Price\nUpside\n\n\nBear Case\n$270.50\n$223.96\n20.8%\n\n\nBase Case\n$288.45\n$223.96\n28.8%\n\n\nBull Case\n$317.11\n$223.96\n41.6%\n\n\n\nSource: Khaveen Investments\nVerdict\nTo sum it up, the company’s growth prospects are supported by its solid innovative capabilities leading to its AI leadership and GPU performance excellence. Highlighting the advancement of its AI strategy around the data center markets, we believe it can capitalize on the booming cloud growth and increasing capex share to benefit its data center revenues. Additionally, despite the flattish shipment growth, we believe it can continue to grow its gaming revenues highlighting its consistent performance improvement with its next-gen Ampere Next based models. As it advances its AI strategy, it is looking to leverage Arm’s incredible CPU IP across its latest product R&D for the data center for future launches. Compared to our previous analysis, we applied a quantitative P/S multiple to reflect its superb growth outlook as one of the highest in the industry. Based on our valuation model using a P/S multiple, its projected revenue growth rate of 59.6% in 2021 driven by strong growth momentum across gaming and data center segments provides an upside opportunity of 28.8% as its stock price has already increased by 71% year to date. Overall, we rate the company as aBuywith a target price of$288.45.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579568139568178","authorId":"3579568139568178","name":"Gnoixed","avatar":"https://static.tigerbbs.com/02d7e2310e2259dc0abb6c8cd2e1a05b","crmLevel":7,"crmLevelSwitch":0,"idStr":"3579568139568178","authorIdStr":"3579568139568178"},"content":"pls reply","text":"pls reply","html":"pls reply"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815987337,"gmtCreate":1630635954329,"gmtModify":1676530362508,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"woooooaaaaw","listText":"woooooaaaaw","text":"woooooaaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815987337","repostId":"2164829818","repostType":4,"repost":{"id":"2164829818","kind":"highlight","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":1630615505,"share":"https://ttm.financial/m/news/2164829818?lang=&edition=fundamental","pubTime":"2021-09-03 04:45","market":"us","language":"en","title":"S&P, Nasdaq edge to record closes, energy stocks buoyant","url":"https://stock-news.laohu8.com/highlight/detail?id=2164829818","media":"Reuters","summary":"Energy stocks rally on oil price gains\nWeekly jobless claims fall\nIndexes up: Dow 0.37%, S&P 0.28%, ","content":"<ul>\n <li>Energy stocks rally on oil price gains</li>\n <li>Weekly jobless claims fall</li>\n <li>Indexes up: Dow 0.37%, S&amp;P 0.28%, Nasdaq 0.14%</li>\n</ul>\n<p>Sept 2 (Reuters) - The S&amp;P 500 and Nasdaq eked out record finishes on Thursday, while the Dow also posted a modest gain, as higher commodity prices helped energy names recover ground and the latest jobs data left investors unfazed about existing positions.</p>\n<p>The energy sector rose 2.5%, reversing much of the loss suffered during the first three days of the week. Thursday's performance was fueled by U.S. crude prices jumping 2% on a sharp decline in U.S. inventories and a weaker dollar.</p>\n<p>Cabot Oil &amp; Gas Corp and Occidental Petroleum Corp&nbsp;were the largest risers, up 6.7% and 6% respectively, with oil majors Exxon Mobil and Chevron Corp both advancing more than 2%.</p>\n<p>The technology index slipped into negative territory, as some of the industry's largest companies saw their recent upward momentum stall.</p>\n<p>Amazon.com Inc, Microsoft Corp, <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Google-owner Alphabet Inc all fell between 0.2% and 1.8%. A notable exception was Netflix Inc, which advanced 1.1% to close at an all-time high.</p>\n<p>U.S. stocks have regularly hit record highs over the past few weeks as a solid corporate earnings season and hopes of continued central bank support underpinned confidence.</p>\n<p>Still, each new data set is viewed through the prism of whether the numbers might influence the Federal Reserve's tapering timetable.</p>\n<p>\"I feel like sometimes we end up trying to read the tea-leaves too hard, and the Fed has been pretty good on communicating on (tapering),\" said Jason Pride, chief investment officer of private wealth at Glenmede, noting the Fed remains on the path to begin tapering around year-end.</p>\n<p>Data on Thursday showed the number of Americans filing new claims for jobless benefits fell last week, although the focus will be on the Labor Department's monthly jobs report on Friday to set the stage for the Fed's policy meeting later this month.</p>\n<p>\"You have to see very wide beats or misses in this data to really change people's minds,\" said Greg Boutle, U.S. head of equity and derivative strategy at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>\"Investors are either in this renormalization camp that thinks inflation will not happen, or they believe there will be some persistence to inflation. Really, it will be a collection of beats or misses that will move the needle for investors and the Fed, rather than a single data point.\"</p>\n<p>The Dow Jones Industrial Average rose 131.29 points, or 0.37%, to 35,443.82, the S&amp;P 500 gained 12.86 points, or 0.28%, to 4,536.95 and the Nasdaq Composite added 21.80 points, or 0.14%, to 15,331.18.</p>\n<p>Despite deadly flash floods in New York City, trading on Wall Street was operating normally.</p>\n<p>Wells Fargo rose 2.6% after three straight sessions of losses. The lender had been weighed by a report it could face further regulatory sanctions over the pace of compensating victims of a years-long sales practice scandal.</p>\n<p>Volume on U.S. exchanges was 9.23 billion shares, compared with the 9.01 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 78 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 154 new highs and 14 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>S&P, Nasdaq edge to record closes, energy stocks buoyant</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\">\nS&P, Nasdaq edge to record closes, energy stocks buoyant\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\">2021-09-03 04:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Energy stocks rally on oil price gains</li>\n <li>Weekly jobless claims fall</li>\n <li>Indexes up: Dow 0.37%, S&amp;P 0.28%, Nasdaq 0.14%</li>\n</ul>\n<p>Sept 2 (Reuters) - The S&amp;P 500 and Nasdaq eked out record finishes on Thursday, while the Dow also posted a modest gain, as higher commodity prices helped energy names recover ground and the latest jobs data left investors unfazed about existing positions.</p>\n<p>The energy sector rose 2.5%, reversing much of the loss suffered during the first three days of the week. Thursday's performance was fueled by U.S. crude prices jumping 2% on a sharp decline in U.S. inventories and a weaker dollar.</p>\n<p>Cabot Oil &amp; Gas Corp and Occidental Petroleum Corp&nbsp;were the largest risers, up 6.7% and 6% respectively, with oil majors Exxon Mobil and Chevron Corp both advancing more than 2%.</p>\n<p>The technology index slipped into negative territory, as some of the industry's largest companies saw their recent upward momentum stall.</p>\n<p>Amazon.com Inc, Microsoft Corp, <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Google-owner Alphabet Inc all fell between 0.2% and 1.8%. A notable exception was Netflix Inc, which advanced 1.1% to close at an all-time high.</p>\n<p>U.S. stocks have regularly hit record highs over the past few weeks as a solid corporate earnings season and hopes of continued central bank support underpinned confidence.</p>\n<p>Still, each new data set is viewed through the prism of whether the numbers might influence the Federal Reserve's tapering timetable.</p>\n<p>\"I feel like sometimes we end up trying to read the tea-leaves too hard, and the Fed has been pretty good on communicating on (tapering),\" said Jason Pride, chief investment officer of private wealth at Glenmede, noting the Fed remains on the path to begin tapering around year-end.</p>\n<p>Data on Thursday showed the number of Americans filing new claims for jobless benefits fell last week, although the focus will be on the Labor Department's monthly jobs report on Friday to set the stage for the Fed's policy meeting later this month.</p>\n<p>\"You have to see very wide beats or misses in this data to really change people's minds,\" said Greg Boutle, U.S. head of equity and derivative strategy at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>\"Investors are either in this renormalization camp that thinks inflation will not happen, or they believe there will be some persistence to inflation. Really, it will be a collection of beats or misses that will move the needle for investors and the Fed, rather than a single data point.\"</p>\n<p>The Dow Jones Industrial Average rose 131.29 points, or 0.37%, to 35,443.82, the S&amp;P 500 gained 12.86 points, or 0.28%, to 4,536.95 and the Nasdaq Composite added 21.80 points, or 0.14%, to 15,331.18.</p>\n<p>Despite deadly flash floods in New York City, trading on Wall Street was operating normally.</p>\n<p>Wells Fargo rose 2.6% after three straight sessions of losses. The lender had been weighed by a report it could face further regulatory sanctions over the pace of compensating victims of a years-long sales practice scandal.</p>\n<p>Volume on U.S. exchanges was 9.23 billion shares, compared with the 9.01 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 78 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 154 new highs and 14 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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164829818","content_text":"Energy stocks rally on oil price gains\nWeekly jobless claims fall\nIndexes up: Dow 0.37%, S&P 0.28%, Nasdaq 0.14%\n\nSept 2 (Reuters) - The S&P 500 and Nasdaq eked out record finishes on Thursday, while the Dow also posted a modest gain, as higher commodity prices helped energy names recover ground and the latest jobs data left investors unfazed about existing positions.\nThe energy sector rose 2.5%, reversing much of the loss suffered during the first three days of the week. Thursday's performance was fueled by U.S. crude prices jumping 2% on a sharp decline in U.S. inventories and a weaker dollar.\nCabot Oil & Gas Corp and Occidental Petroleum Corp were the largest risers, up 6.7% and 6% respectively, with oil majors Exxon Mobil and Chevron Corp both advancing more than 2%.\nThe technology index slipped into negative territory, as some of the industry's largest companies saw their recent upward momentum stall.\nAmazon.com Inc, Microsoft Corp, Facebook Inc and Google-owner Alphabet Inc all fell between 0.2% and 1.8%. A notable exception was Netflix Inc, which advanced 1.1% to close at an all-time high.\nU.S. stocks have regularly hit record highs over the past few weeks as a solid corporate earnings season and hopes of continued central bank support underpinned confidence.\nStill, each new data set is viewed through the prism of whether the numbers might influence the Federal Reserve's tapering timetable.\n\"I feel like sometimes we end up trying to read the tea-leaves too hard, and the Fed has been pretty good on communicating on (tapering),\" said Jason Pride, chief investment officer of private wealth at Glenmede, noting the Fed remains on the path to begin tapering around year-end.\nData on Thursday showed the number of Americans filing new claims for jobless benefits fell last week, although the focus will be on the Labor Department's monthly jobs report on Friday to set the stage for the Fed's policy meeting later this month.\n\"You have to see very wide beats or misses in this data to really change people's minds,\" said Greg Boutle, U.S. head of equity and derivative strategy at BNP Paribas.\n\"Investors are either in this renormalization camp that thinks inflation will not happen, or they believe there will be some persistence to inflation. Really, it will be a collection of beats or misses that will move the needle for investors and the Fed, rather than a single data point.\"\nThe Dow Jones Industrial Average rose 131.29 points, or 0.37%, to 35,443.82, the S&P 500 gained 12.86 points, or 0.28%, to 4,536.95 and the Nasdaq Composite added 21.80 points, or 0.14%, to 15,331.18.\nDespite deadly flash floods in New York City, trading on Wall Street was operating normally.\nWells Fargo rose 2.6% after three straight sessions of losses. The lender had been weighed by a report it could face further regulatory sanctions over the pace of compensating victims of a years-long sales practice scandal.\nVolume on U.S. exchanges was 9.23 billion shares, compared with the 9.01 billion average for the full session over the last 20 trading days.\nThe S&P 500 posted 78 new 52-week highs and one new low; the Nasdaq Composite recorded 154 new highs and 14 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":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818194324,"gmtCreate":1630381854168,"gmtModify":1676530287243,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"woooooooooaw","listText":"woooooooooaw","text":"woooooooooaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818194324","repostId":"2163833181","repostType":4,"repost":{"id":"2163833181","kind":"highlight","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":1630353642,"share":"https://ttm.financial/m/news/2163833181?lang=&edition=fundamental","pubTime":"2021-08-31 04:00","market":"us","language":"en","title":"S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2163833181","media":"Reuters","summary":"S&P 500 tracks longest monthly winning streak since 2018.\nS&P 500, Nasdaq end at fresh record highs\n","content":"<p>S&amp;P 500 tracks longest monthly winning streak since 2018.</p>\n<p>S&amp;P 500, Nasdaq end at fresh record highs</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> gains on report it is exploring a stock-trading platform</p>\n<p>Aug 30 (Reuters) - The S&amp;P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.</p>\n<p>Apple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&amp;P 500 and the Dow.</p>\n<p>High-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.</p>\n<p>The benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.</p>\n<p>Fed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.</p>\n<p>\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>\"Some investors are thinking that tapering might not even start this year, but the <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"</p>\n<p>The S&amp;P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.</p>\n<p>It is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&amp;P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite&nbsp;added 136.22 points, or 0.9%, to 15,265.72.</p>\n<p>While U.S. crude prices rose 0.7% on Monday, energy stocks&nbsp;broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.</p>\n<p>Falling bond yields also pressured bank stocks, with the S&amp;P 500 banking index ending down.</p>\n<p>PayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.</p>\n<p>U.S.-listed shares of Chinese gaming firm NetEase Inc&nbsp;slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur 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>S&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors</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\">\nS&P, Nasdaq end at record highs as dovish Fed taper-talk calms investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-31 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>S&amp;P 500 tracks longest monthly winning streak since 2018.</p>\n<p>S&amp;P 500, Nasdaq end at fresh record highs</p>\n<p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> gains on report it is exploring a stock-trading platform</p>\n<p>Aug 30 (Reuters) - The S&amp;P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.</p>\n<p>Apple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&amp;P 500 and the Dow.</p>\n<p>High-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.</p>\n<p>The benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.</p>\n<p>Fed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.</p>\n<p>\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>\"Some investors are thinking that tapering might not even start this year, but the <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"</p>\n<p>The S&amp;P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.</p>\n<p>It is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&amp;P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite&nbsp;added 136.22 points, or 0.9%, to 15,265.72.</p>\n<p>While U.S. crude prices rose 0.7% on Monday, energy stocks&nbsp;broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.</p>\n<p>Falling bond yields also pressured bank stocks, with the S&amp;P 500 banking index ending down.</p>\n<p>PayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.</p>\n<p>U.S.-listed shares of Chinese gaming firm NetEase Inc&nbsp;slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.</p>\n<p>(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163833181","content_text":"S&P 500 tracks longest monthly winning streak since 2018.\nS&P 500, Nasdaq end at fresh record highs\nPayPal gains on report it is exploring a stock-trading platform\nAug 30 (Reuters) - The S&P 500 and Nasdaq ended Monday at fresh record highs as investors jumped into technology stocks, taking comfort from the Federal Reserve's dovish comments on tapering in monetary stimulus and what that might mean for the economic recovery.\nApple Inc jumped to an all-time high, while Microsoft Corp , Amazon.com , Google-owner Alphabet Inc all rose, helping the tech-heavy Nasdaq outperform the S&P 500 and the Dow.\nHigh-growth tech stocks tend to benefit from expectations of lower rates because their value rests heavily on future earnings.\nThe benchmark index is tracking its longest monthly winning streak since 2018 on the promise of easy money, with investors shrugging off signs of a slowing economic recovery and surging COVID-19 cases.\nFed Chair Jerome Powell said on Friday the central bank would continue to be cautious in its approach to tapering its massive pandemic-era stimulus, while reaffirming a steady economic recovery.\n\"It's now clear that there's going to still be an extraordinary amount of support for this economy, probably until November,\" said Ed Moya, senior market analyst for the Americas at OANDA.\n\"Some investors are thinking that tapering might not even start this year, but the one thing that everyone can agree on is that Chair Powell has signaled they are in no rush to raise interest rates and he's disconnected tapering with rate-hike timing.\"\nThe S&P 500 has risen more than 3% so far in August - a seasonally weak period for stocks - and Wells Fargo analysts said last week they expect the index to rise another 8% by the end of the year.\nIt is also on track to log one of its best year-to-date returns through August of the past six decades, said Chris Larkin, managing director of trading at E*Trade Financial.\nUnofficially, the Dow Jones Industrial Average fell 55.96 points, or 0.16%, to 35,399.84, the S&P 500 gained 19.39 points, or 0.43%, to 4,528.76 and the Nasdaq Composite added 136.22 points, or 0.9%, to 15,265.72.\nWhile U.S. crude prices rose 0.7% on Monday, energy stocks broadly slipped as investors fretted about possible longer-term impacts to offshore oil production and damage to energy infrastructure from Hurricane Ida, which roared ashore on Sunday near Port Fourchon, Louisiana, a major hub for the U.S. offshore oil industry.\nFalling bond yields also pressured bank stocks, with the S&P 500 banking index ending down.\nPayPal Holdings Inc advanced on a CNBC report that the financial services firm was exploring the development of a stocks trading platform for its U.S. customers. The news helped push Robinhood Markets Inc down.\nU.S.-listed shares of Chinese gaming firm NetEase Inc slumped as Chinese regulators slashed the amount of time players under the age of 18 can spend on online games to an hour on Fridays, weekends and holidays.\n(Reporting by Shashank Nayar in Bengaluru and David French in New York; Editing by Arun Koyyur and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835226205,"gmtCreate":1629722242407,"gmtModify":1676530111049,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wooooooaaaaw","listText":"wooooooaaaaw","text":"wooooooaaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/835226205","repostId":"1132832038","repostType":4,"repost":{"id":"1132832038","kind":"news","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":1629720645,"share":"https://ttm.financial/m/news/1132832038?lang=&edition=fundamental","pubTime":"2021-08-23 20:10","market":"us","language":"en","title":"Toplines Before US Market Open on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1132832038","media":"Tiger Newspress","summary":"Futures rebound as oil stocks jump; PMI data in focus\n\n\nBitcoin rises above $50,000; crypto stocks r","content":"<ul>\n <li>Futures rebound as oil stocks jump; PMI data in focus</li>\n</ul>\n<ul>\n <li>Bitcoin rises above $50,000; crypto stocks rallies</li>\n</ul>\n<p>U.S. stock index futures rose on Monday, with oil shares leading the pack, as investors returned to riskier assets after a sharp selloff last week on worries about a slowing pace of U.S. economic growth.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were up 160 points, or 0.46%, S&amp;P 500 e-minis were up 15.5 points, or 0.35%, and Nasdaq 100 e-minis were up 47.25 points, or 0.31%.</p>\n<p><img src=\"https://static.tigerbbs.com/a9448ca2bf64498be143abe1a2cad2ec\" tg-width=\"1080\" tg-height=\"373\" referrerpolicy=\"no-referrer\"></p>\n<p>Apple Inc, Amazon.com&nbsp;and Tesla Inc&nbsp;were all up between 0.3% and 1% before the opening bell.</p>\n<p>Oil majors Chevron Corp, Exxon Mobil, Schlumberger NV&nbsp;and Occidental Petroleum&nbsp;gained between 2% and 3.6% in premarket trading, tracking a 3% jump in crude prices.</p>\n<p>IHS-Markit's flash reading of U.S. business activity, due at 9:45 a.m. ET, is expected to retreat in August to 58.3 from 59.9 in July.</p>\n<p>Focus is now on the Fed's annual economic symposium in Jackson Hole, Wyoming, for more insight on the timeline for the central bank's tapering of its asset purchases. The summit will be held virtually on Aug. 27 for the second straight year.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p>Boeing(BA) – Boeing added 1.4% in the premarket, following news that it planned to invest in a SPAC merger planned later this year by Richard Branson’s satellite launch company Virgin Orbit. Virgin Orbit plans to merge with blank-check companyNextGen Acquisition(XOS), whose shares jumped 6% following the announcement.</p>\n<p>Coinbase(COIN) – Coinbase jumped 3.6% in premarket trading, with the cryptocurrency exchange’s stock benefiting from bitcoin rising to its highest level since early May. Shares of the business analytics company&nbsp;MicroStrategy(MSTR) – which has extensive bitcoin holdings – rallied 3.9%.</p>\n<p>Pfizer(PFE),BioNTech(BNTX) – The drug makers are expected to receive full FDA approval for their Covid-19 vaccine as soon as today, according to multiple reports. The vaccine had received emergency use authorization in late 2020. Pfizer added 3.3% in premarket action while BioNTech surged 7.1%.Moderna(MRNA) is also in the process of applying for full FDA approval of its Covid-19 vaccine and its shares rose 2.7%.</p>\n<p>Trillium Therapeutics(TRIL) – Pfizer said it would buy the portion of the cancer therapy specialist that it doesn’t already own in a deal worth $2.26 billion or $18.50 per share in cash. That compares to Trillium’s Friday close of $6.09 per share. Pfizer had invested $25 million in Trillium in September 2020. Trillium shares nearly tripled in premarket trading.</p>\n<p>General Motors(GM) – General Motors expanded the recall of its Chevy Bolt electric car to include newer models, a move that will cost the automaker an additional $1 billion. The recall will address an issue that can increase the risk of battery fires. GM fell 1.5% in the premarket.</p>\n<p>Uber(UBER),Lyft(LYFT),DoorDash(DASH) – These stocks are on watch after a California judge ruled the state’s “gig workers” law was unconstitutional. California voters had approved a ballot measure last November allowing those companies to treat workers as independent contractors rather than employees. The companies – which lobbied extensively for passage of the measure – plan to appeal. Uber tumbled 4.2% in premarket trading, with Lyft sliding 5.1% and DoorDash also losing 2.2%.</p>\n<p>PayPal(PYPL) – PayPal will allow customers in the UK to buy, hold and sell cryptocurrencies beginning this week, its first rollout of cryptocurrency services outside the United States. PayPal added 1% in the premarket.</p>\n<p>Robinhood(HOOD) – The company behind the popular trading app was added to coverage at a handful of investment firms following its late July initial public offering, including Goldman Sachs (neutral rating), Mizuho (buy), JMP Securities (outperform), Barclays (equal weight) and Piper Sandler (neutral). Robinhood added 3.7% in the premarket.</p>\n<p>JD.com(JD) – The Chinese e-commerce company reported better-than-expected profit and revenue for the second quarter while adding a record number of new users.</p>\n<p>Walt Disney Co(DIS)&nbsp; –&nbsp;Walt Disney&nbsp;rose 0.9% after the media company raked in $125 million in online revenue from Marvel superhero film \"Black Widow\".</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>Toplines Before US Market Open on Monday</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\">\nToplines Before US Market Open on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-23 20:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Futures rebound as oil stocks jump; PMI data in focus</li>\n</ul>\n<ul>\n <li>Bitcoin rises above $50,000; crypto stocks rallies</li>\n</ul>\n<p>U.S. stock index futures rose on Monday, with oil shares leading the pack, as investors returned to riskier assets after a sharp selloff last week on worries about a slowing pace of U.S. economic growth.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were up 160 points, or 0.46%, S&amp;P 500 e-minis were up 15.5 points, or 0.35%, and Nasdaq 100 e-minis were up 47.25 points, or 0.31%.</p>\n<p><img src=\"https://static.tigerbbs.com/a9448ca2bf64498be143abe1a2cad2ec\" tg-width=\"1080\" tg-height=\"373\" referrerpolicy=\"no-referrer\"></p>\n<p>Apple Inc, Amazon.com&nbsp;and Tesla Inc&nbsp;were all up between 0.3% and 1% before the opening bell.</p>\n<p>Oil majors Chevron Corp, Exxon Mobil, Schlumberger NV&nbsp;and Occidental Petroleum&nbsp;gained between 2% and 3.6% in premarket trading, tracking a 3% jump in crude prices.</p>\n<p>IHS-Markit's flash reading of U.S. business activity, due at 9:45 a.m. ET, is expected to retreat in August to 58.3 from 59.9 in July.</p>\n<p>Focus is now on the Fed's annual economic symposium in Jackson Hole, Wyoming, for more insight on the timeline for the central bank's tapering of its asset purchases. The summit will be held virtually on Aug. 27 for the second straight year.</p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<p>Boeing(BA) – Boeing added 1.4% in the premarket, following news that it planned to invest in a SPAC merger planned later this year by Richard Branson’s satellite launch company Virgin Orbit. Virgin Orbit plans to merge with blank-check companyNextGen Acquisition(XOS), whose shares jumped 6% following the announcement.</p>\n<p>Coinbase(COIN) – Coinbase jumped 3.6% in premarket trading, with the cryptocurrency exchange’s stock benefiting from bitcoin rising to its highest level since early May. Shares of the business analytics company&nbsp;MicroStrategy(MSTR) – which has extensive bitcoin holdings – rallied 3.9%.</p>\n<p>Pfizer(PFE),BioNTech(BNTX) – The drug makers are expected to receive full FDA approval for their Covid-19 vaccine as soon as today, according to multiple reports. The vaccine had received emergency use authorization in late 2020. Pfizer added 3.3% in premarket action while BioNTech surged 7.1%.Moderna(MRNA) is also in the process of applying for full FDA approval of its Covid-19 vaccine and its shares rose 2.7%.</p>\n<p>Trillium Therapeutics(TRIL) – Pfizer said it would buy the portion of the cancer therapy specialist that it doesn’t already own in a deal worth $2.26 billion or $18.50 per share in cash. That compares to Trillium’s Friday close of $6.09 per share. Pfizer had invested $25 million in Trillium in September 2020. Trillium shares nearly tripled in premarket trading.</p>\n<p>General Motors(GM) – General Motors expanded the recall of its Chevy Bolt electric car to include newer models, a move that will cost the automaker an additional $1 billion. The recall will address an issue that can increase the risk of battery fires. GM fell 1.5% in the premarket.</p>\n<p>Uber(UBER),Lyft(LYFT),DoorDash(DASH) – These stocks are on watch after a California judge ruled the state’s “gig workers” law was unconstitutional. California voters had approved a ballot measure last November allowing those companies to treat workers as independent contractors rather than employees. The companies – which lobbied extensively for passage of the measure – plan to appeal. Uber tumbled 4.2% in premarket trading, with Lyft sliding 5.1% and DoorDash also losing 2.2%.</p>\n<p>PayPal(PYPL) – PayPal will allow customers in the UK to buy, hold and sell cryptocurrencies beginning this week, its first rollout of cryptocurrency services outside the United States. PayPal added 1% in the premarket.</p>\n<p>Robinhood(HOOD) – The company behind the popular trading app was added to coverage at a handful of investment firms following its late July initial public offering, including Goldman Sachs (neutral rating), Mizuho (buy), JMP Securities (outperform), Barclays (equal weight) and Piper Sandler (neutral). Robinhood added 3.7% in the premarket.</p>\n<p>JD.com(JD) – The Chinese e-commerce company reported better-than-expected profit and revenue for the second quarter while adding a record number of new users.</p>\n<p>Walt Disney Co(DIS)&nbsp; –&nbsp;Walt Disney&nbsp;rose 0.9% after the media company raked in $125 million in online revenue from Marvel superhero film \"Black Widow\".</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TRIL":"Trillium Therapeutics Inc.",".DJI":"道琼斯","PYPL":"PayPal","BA":"波音",".IXIC":"NASDAQ Composite","HOOD":"Robinhood","LYFT":"Lyft, Inc.","DASH":"DoorDash, Inc.","GM":"通用汽车","PFE":"辉瑞",".SPX":"S&P 500 Index","JD":"京东","09618":"京东集团-SW","UBER":"优步","COIN":"Coinbase Global, Inc.","DIS":"迪士尼","BNTX":"BioNTech SE"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132832038","content_text":"Futures rebound as oil stocks jump; PMI data in focus\n\n\nBitcoin rises above $50,000; crypto stocks rallies\n\nU.S. stock index futures rose on Monday, with oil shares leading the pack, as investors returned to riskier assets after a sharp selloff last week on worries about a slowing pace of U.S. economic growth.\nAt 8:00 a.m. ET, Dow e-minis were up 160 points, or 0.46%, S&P 500 e-minis were up 15.5 points, or 0.35%, and Nasdaq 100 e-minis were up 47.25 points, or 0.31%.\n\nApple Inc, Amazon.com and Tesla Inc were all up between 0.3% and 1% before the opening bell.\nOil majors Chevron Corp, Exxon Mobil, Schlumberger NV and Occidental Petroleum gained between 2% and 3.6% in premarket trading, tracking a 3% jump in crude prices.\nIHS-Markit's flash reading of U.S. business activity, due at 9:45 a.m. ET, is expected to retreat in August to 58.3 from 59.9 in July.\nFocus is now on the Fed's annual economic symposium in Jackson Hole, Wyoming, for more insight on the timeline for the central bank's tapering of its asset purchases. The summit will be held virtually on Aug. 27 for the second straight year.\nStocks making the biggest moves premarket:\nBoeing(BA) – Boeing added 1.4% in the premarket, following news that it planned to invest in a SPAC merger planned later this year by Richard Branson’s satellite launch company Virgin Orbit. Virgin Orbit plans to merge with blank-check companyNextGen Acquisition(XOS), whose shares jumped 6% following the announcement.\nCoinbase(COIN) – Coinbase jumped 3.6% in premarket trading, with the cryptocurrency exchange’s stock benefiting from bitcoin rising to its highest level since early May. Shares of the business analytics company MicroStrategy(MSTR) – which has extensive bitcoin holdings – rallied 3.9%.\nPfizer(PFE),BioNTech(BNTX) – The drug makers are expected to receive full FDA approval for their Covid-19 vaccine as soon as today, according to multiple reports. The vaccine had received emergency use authorization in late 2020. Pfizer added 3.3% in premarket action while BioNTech surged 7.1%.Moderna(MRNA) is also in the process of applying for full FDA approval of its Covid-19 vaccine and its shares rose 2.7%.\nTrillium Therapeutics(TRIL) – Pfizer said it would buy the portion of the cancer therapy specialist that it doesn’t already own in a deal worth $2.26 billion or $18.50 per share in cash. That compares to Trillium’s Friday close of $6.09 per share. Pfizer had invested $25 million in Trillium in September 2020. Trillium shares nearly tripled in premarket trading.\nGeneral Motors(GM) – General Motors expanded the recall of its Chevy Bolt electric car to include newer models, a move that will cost the automaker an additional $1 billion. The recall will address an issue that can increase the risk of battery fires. GM fell 1.5% in the premarket.\nUber(UBER),Lyft(LYFT),DoorDash(DASH) – These stocks are on watch after a California judge ruled the state’s “gig workers” law was unconstitutional. California voters had approved a ballot measure last November allowing those companies to treat workers as independent contractors rather than employees. The companies – which lobbied extensively for passage of the measure – plan to appeal. Uber tumbled 4.2% in premarket trading, with Lyft sliding 5.1% and DoorDash also losing 2.2%.\nPayPal(PYPL) – PayPal will allow customers in the UK to buy, hold and sell cryptocurrencies beginning this week, its first rollout of cryptocurrency services outside the United States. PayPal added 1% in the premarket.\nRobinhood(HOOD) – The company behind the popular trading app was added to coverage at a handful of investment firms following its late July initial public offering, including Goldman Sachs (neutral rating), Mizuho (buy), JMP Securities (outperform), Barclays (equal weight) and Piper Sandler (neutral). Robinhood added 3.7% in the premarket.\nJD.com(JD) – The Chinese e-commerce company reported better-than-expected profit and revenue for the second quarter while adding a record number of new users.\nWalt Disney Co(DIS)  – Walt Disney rose 0.9% after the media company raked in $125 million in online revenue from Marvel superhero film \"Black Widow\".","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831952200,"gmtCreate":1629282468000,"gmtModify":1676529990099,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"woooooooaaaw","listText":"woooooooaaaw","text":"woooooooaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/831952200","repostId":"1139536363","repostType":4,"repost":{"id":"1139536363","kind":"news","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":1629281334,"share":"https://ttm.financial/m/news/1139536363?lang=&edition=fundamental","pubTime":"2021-08-18 18:08","market":"us","language":"en","title":"Vipshop reports $0.32 earnings per share (non-GAAP), analysts' consensus estimate was $2.37","url":"https://stock-news.laohu8.com/highlight/detail?id=1139536363","media":"Tiger Newspress","summary":"(Aug 18) Vipshop reports $0.32 earnings per share (non-GAAP), analysts' consensus estimate was $2.37","content":"<p>(Aug 18)&nbsp;<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a> reports $0.32 earnings per share (non-GAAP), analysts' consensus estimate was $2.37.</p>\n<p>Vipshop&nbsp;gained&nbsp;nearly&nbsp;6%&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/534a8f80eaa6b053e49a90446b0c2742\" tg-width=\"1207\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p>\n<p>Vipshop Q2 Non-GAAP EPS of $0.32misses by $0.04; GAAP EPS of $0.24misses by $0.07.</p>\n<p>Revenue of $4.6B (+22.8% Y/Y)&nbsp;beats by $30M.</p>\n<p>GMV for the second quarter of 2021 increased by 25% year over year to RMB48.1 billion from RMB38.4 billion in the prior year period.</p>\n<p>The number of active customers&nbsp;for the second quarter of 2021 increased by 32% year over year to 51.1 million from 38.8 million in the prior year period.</p>\n<p>Total orders&nbsp;for the second quarter of 2021 increased by 30% year over year to 221.5 million from 170.5 million in the prior year period.</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> Vipshop reports $0.32 earnings per share (non-GAAP), analysts' consensus estimate was $2.37</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\">\n Vipshop reports $0.32 earnings per share (non-GAAP), analysts' consensus estimate was $2.37\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-18 18:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Aug 18)&nbsp;<a href=\"https://laohu8.com/S/VIPS\">Vipshop</a> reports $0.32 earnings per share (non-GAAP), analysts' consensus estimate was $2.37.</p>\n<p>Vipshop&nbsp;gained&nbsp;nearly&nbsp;6%&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/534a8f80eaa6b053e49a90446b0c2742\" tg-width=\"1207\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p>\n<p>Vipshop Q2 Non-GAAP EPS of $0.32misses by $0.04; GAAP EPS of $0.24misses by $0.07.</p>\n<p>Revenue of $4.6B (+22.8% Y/Y)&nbsp;beats by $30M.</p>\n<p>GMV for the second quarter of 2021 increased by 25% year over year to RMB48.1 billion from RMB38.4 billion in the prior year period.</p>\n<p>The number of active customers&nbsp;for the second quarter of 2021 increased by 32% year over year to 51.1 million from 38.8 million in the prior year period.</p>\n<p>Total orders&nbsp;for the second quarter of 2021 increased by 30% year over year to 221.5 million from 170.5 million in the prior year period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIPS":"唯品会"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139536363","content_text":"(Aug 18) Vipshop reports $0.32 earnings per share (non-GAAP), analysts' consensus estimate was $2.37.\nVipshop gained nearly 6% in premarket trading.\n\nVipshop Q2 Non-GAAP EPS of $0.32misses by $0.04; GAAP EPS of $0.24misses by $0.07.\nRevenue of $4.6B (+22.8% Y/Y) beats by $30M.\nGMV for the second quarter of 2021 increased by 25% year over year to RMB48.1 billion from RMB38.4 billion in the prior year period.\nThe number of active customers for the second quarter of 2021 increased by 32% year over year to 51.1 million from 38.8 million in the prior year period.\nTotal orders for the second quarter of 2021 increased by 30% year over year to 221.5 million from 170.5 million in the prior year period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162781330,"gmtCreate":1624075692320,"gmtModify":1703828331440,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wooooooaaaaw","listText":"wooooooaaaaw","text":"wooooooaaaaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/162781330","repostId":"1156696708","repostType":4,"repost":{"id":"1156696708","kind":"news","pubTimestamp":1624063306,"share":"https://ttm.financial/m/news/1156696708?lang=&edition=fundamental","pubTime":"2021-06-19 08:41","market":"us","language":"en","title":"Dow falls more than 500 points to close out its worst week since October","url":"https://stock-news.laohu8.com/highlight/detail?id=1156696708","media":"cnbc","summary":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since Octob","content":"<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow falls more than 500 points to close out its worst week since October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow falls more than 500 points to close out its worst week since October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156696708","content_text":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-chip average dropped 533.37 points, or 1.6%, to 33,290.08. TheS&P 500slid 1.3% to 4,166.45. Both the Dow and S&P 500 hit their session lows in the final minutes of trading and closed around those levels. TheNasdaq Compositeclosed 0.9% lower at 14,030.38. Economic comeback plays led the market losses.\nFor the week, the 30-stock Dow lost 3.5%. The S&P 500 and Nasdaq were down by 1.9% and 0.2%, respectively, week to date.\nSt. Louis Federal Reserve President Jim Bullardtold CNBC's \"Squawk Box\"on Friday it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022. His comments came after the Fed on Wednesday added two rate hikes to its 2023 forecast and increased its inflation projection for the year, putting pressure on stock prices.\n\"The fear held by some investors is that if the Fed tightens policy sooner than expected to help cool inflationary pressures, this could weigh on future economic growth,\" Truist Advisory Services chief market strategist Keith Lerner said in a note. To be sure, he added it would be premature to give up on the so-called value trade right now.\nPockets of the market most sensitive to the economic rebound led the sell-off this week. The S&P 500 energy sector and industrials dropped 5.2% and 3.8%, respectively, for the week. Financials and materials meanwhile, lost more than 6% each. These groups had been market leaders this year on the back of the economic reopening.\nThe decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve. This means the yields of shorter-duration Treasurys — like the 2-year note — rose while longer-duration yields like the benchmark 10-year declined. The retreat in long-dated bond yields reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThis phenomenon hurt bank stocks particularly as their earnings could take a hit when the spread between short-term and long-term rates narrows. Bank of America and JPMorgan Chase shares on Friday lost more than 2% each. Citigroup fell by 1.8%, posting its 12th straight daily decline.\nFed Chairman Jerome Powell said Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\n\"This week's first whiff of an eventual change in Fed policy was a reminder that emergency monetary conditions and the free-money era will ultimately end,\" strategists at MRB Partners wrote in a note. \"We expect a series of incremental retreats from the Fed's benign inflation outlook in the coming months.\"\nCommodity prices were underpressure this weekas China attempted to cool rising prices and as the U.S. dollar strengthens. Copper, gold and platinum fell once again on Friday.\nFriday also coincided with the quarterly \"quadruple witching\" in which options and futures on indexes and equities expire. This event may have contributed to more volatile trading during the session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181333393,"gmtCreate":1623373195012,"gmtModify":1704201897760,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"wooooooaw","listText":"wooooooaw","text":"wooooooaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/181333393","repostId":"1184070773","repostType":4,"repost":{"id":"1184070773","kind":"news","pubTimestamp":1623367038,"share":"https://ttm.financial/m/news/1184070773?lang=&edition=fundamental","pubTime":"2021-06-11 07:17","market":"us","language":"en","title":"S&P 500 climbs to a new record close, shrugging off inflation fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1184070773","media":"cnbc","summary":"The S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.The broad equity benchmark climbed nearly 0.5% to a record closing high of 4,239.18. The S&P 500 also hit an intraday record of 4,249.74, overtaking its May 7 high after the market traded sideways for a month. The Dow Jones Industrial Average advanced 19.10 points, or less than 0.1%, to 34,466.24, while the Nasdaq Composite gained about ","content":"<div>\n<p>The S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.\nThe broad equity benchmark climbed ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 climbs to a new record close, shrugging off inflation fears</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\">\nS&P 500 climbs to a new record close, shrugging off inflation fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/stock-market-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.\nThe broad equity benchmark climbed ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPS":"联合包裹",".SPX":"S&P 500 Index","GME":"游戏驿站",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/09/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1184070773","content_text":"The S&P 500 rose to an all-time high on Thursday as investors shrugged off a key inflation report that showed a bigger-than-expected increase in price pressures.\nThe broad equity benchmark climbed nearly 0.5% to a record closing high of 4,239.18. The S&P 500 also hit an intraday record of 4,249.74, overtaking its May 7 high after the market traded sideways for a month. The Dow Jones Industrial Average advanced 19.10 points, or less than 0.1%, to 34,466.24, while the Nasdaq Composite gained about 0.8% to 14,020.33.\nConsumer prices for May accelerated at their fastest pace since the summer of 2008 amid the economic recovery from the pandemic-triggered recession,the Labor Department reported Thursday.\nThe consumer price index, which represents a basket including food, energy, groceries and prices across a spectrum of goods, rose 5% from a year ago. Economists surveyed by Dow Jones had been expecting a gain of 4.7%.\n\"I think there were a lot of people who held back, who wanted to see the hotter inflation number,\" CNBC's Jim Cramer said on \"Squawk on the Street.\" \"Now they've said, 'OK, now that's over with. Let's do some buying.' Because they've been on the sideline and they want to get in. I don't think that's actually usual these days because there's still so much buying power out there. People want in.\"\nFears of spiking inflation have weighed on the stock market in the last month, with investors worried the jump in prices will raise costs for companies, spark a move higher in interest rates and cause the Federal Reserve to remove its easy money policies.\n\"This CPI isn't likely to change the narrative dramatically, and there are still indications that inflation momentum is set to abate in the coming months,\" Adam Crisafulli, founder of Vital Knowledge, said in a note Thursday.\nMany economists also said the surge in used car costs for the month could have skewed the inflation reading. Used car and truck prices jumped more than 7%, accounting for one-third of the total increase for the month, according to the Bureau of Labor Statistics. The jump in used car prices likely reflects a temporary phenomenon related to the pandemic and auto supply.\nA separate report released Thursday showed that jobless claims for the week ended June 5 came in at 376,000, versus a Dow Jones estimate of 370,000. The total still marked the lowest of the pandemic era.\nUPS shares rose about 1% afteran upgrade from JPMorgan. Shares of Boeing were higher, but Delta Air Lines slipped.\nVideo-game retailer and meme stock GameStop fell 27% even after the company tapped former Amazon executive Matt Furlong to be its next CEO and said that sales rose 25% last quarter. The company also said it may sell up to 5 million additional shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111014792,"gmtCreate":1622644236616,"gmtModify":1704187980609,"author":{"id":"3582886929910429","authorId":"3582886929910429","name":"Lowger","avatar":"https://static.tigerbbs.com/2787202ad1607a43e761beb8e8d1e26c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582886929910429","authorIdStr":"3582886929910429"},"themes":[],"htmlText":"woooooaw","listText":"woooooaw","text":"woooooaw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/111014792","repostId":"1188552613","repostType":4,"repost":{"id":"1188552613","kind":"news","pubTimestamp":1622627641,"share":"https://ttm.financial/m/news/1188552613?lang=&edition=fundamental","pubTime":"2021-06-02 17:54","market":"us","language":"en","title":"AMC Stock Is Surging Again. How to Make Sense of the Move.","url":"https://stock-news.laohu8.com/highlight/detail?id=1188552613","media":"Barrons","summary":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, th","content":"<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of&nbsp;GameStop&nbsp;and&nbsp;BlackBerry&nbsp;into speculative territory.</p>\n<p>But it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.</p>\n<p>Shares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office.&nbsp;Shares were up another 34%, to $42.92, in premarket trading Wednesday.</p>\n<p>Even if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.</p>\n<p>AMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.</p>\n<p>So, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.</p>\n<p>Back then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.</p>\n<p>The upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&amp;P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.</p>\n<p>In those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.</p>\n<p>Maybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.</p>\n<p>If AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.</p>\n<p>Then, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&amp;P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.</p>\n<p>There are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.</p>\n<p>Also, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.</p>\n<p>AMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.</p>\n<p>There is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.</p>\n<p>AMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.</p>\n<p>Wall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.</p>\n<p>Analysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.</p>\n<p>And that’s just another way of saying that AMC bulls are a long way from making the math work.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Stock Is Surging Again. How to Make Sense of the Move.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Stock Is Surging Again. How to Make Sense of the Move.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 17:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188552613","content_text":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into speculative territory.\nBut it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.\nShares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office. Shares were up another 34%, to $42.92, in premarket trading Wednesday.\nEven if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.\nAMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.\nSo, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.\nBack then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.\nThe upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.\nIn those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.\nMaybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.\nIf AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.\nThen, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.\nThere are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.\nAlso, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.\nAMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.\nThere is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.\nAMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.\nWall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.\nAnalysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.\nAnd that’s just another way of saying that AMC bulls are a long way from making the math work.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576578173433544","authorId":"3576578173433544","name":"Trader404","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"3576578173433544","authorIdStr":"3576578173433544"},"content":"Like n comment back","text":"Like n comment back","html":"Like n comment back"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}