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POOP
2021-06-24
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Why I Believe NIO Will Beat Out Tesla
POOP
2021-06-20
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Dow falls more than 500 points to close out its worst week since October
POOP
2021-06-17
:o
Snowflake: A Very Aggressive Bet On The Future Of The Data Cloud
POOP
2021-08-24
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Sorry, the original content has been removed
POOP
2021-06-23
:o
Krispy Kreme eyes near $4 bln valuation in U.S. IPO
POOP
2021-06-19
:(
3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%
POOP
2021-06-18
:o
1 Robinhood Stock That Could Crush Dogecoin
POOP
2021-06-12
F
S&P ekes out gains to close languid week
POOP
2021-05-12
Hmmm
If Everyone Sees It, Is It Still A Bubble?
POOP
2021-05-12
Wow simi//
@RodericK
: Wow
NIO plunged more than 7%
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Members of Out Fox The Street get exclusive ideas and guidance to navigate any climate.</li>\n</ul>\n<p>The COVID-19 work-from-home economy of 2020 provided a massive boost to technology companies that won't repeat over the next year.<b>Apple</b>(AAPL) was one of the biggest beneficiaries of forced technology spending over the last year with workers and students needing more computing power at home. My investment thesis is Bearish with the stock pressing towards all-time highs at $150 while business growth is decelerating.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2833adb73160ceb3c63fe72432275f37\" tg-width=\"990\" tg-height=\"400\" referrerpolicy=\"no-referrer\"><span>Source:FinViz</span></p>\n<p><b>Recency Bias</b></p>\n<p>One of the biggest mistakes made in the stock market is recency bias. An investor will naturally overweight the recent results of a business in deriving the correct current valuation for an equity.</p>\n<p>The current stock price is a prime example for Apple. The tech. giant has a huge history of growing over time, but Apple has also had a couple of periods in the last decade where revenues declined.</p>\n<p>The recent accelerated growth and shift to recurring services shouldn't alter one's view that Apple is still product-focused and will constantly run into down cycles. Investors must consider these likely outcomes when valuing the stock, but the current valuation is based on a recency bias of elevated growth in the last year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c80ba648538a7ec2481f78d288a21089\" tg-width=\"635\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><span>Data byYCharts</span></p>\n<p>Even after another sterling quarter, analyst estimates are still forecasting a period of up to 4 years where Apple doesn't generate revenue growth in excess of 6%. TheFQ3'21 resultswere blow away numbers with revenues topping $80 billion and beating estimates by over $8 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f6e1270cfc2e38d684e537fbccbca74f\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"><span>Source: Seeking Alphaearnings estimates</span></p>\n<p>The problem is that Apple had a nearly perfect quarter. The company admitted that Services revenue won't repeat the 33% growth in the June quarter and these tough comps are problematic for growth in future periods. Investors should easily understand that any growth after reporting a year with 33% growth is impressive, but some post covid slowdowns shouldn't be surprising.</p>\n<p>Right now though, Apple is still priced for excessive growth. A lot of the stock price gains in the last few years are attributed all to expanding P/E multiples. One only has to go back to 2016 for when Apple only traded at 10x trailing earnings. The stock now trades at nearly 30x trailing earnings, or nearly 3x the multiple from just 5 years ago.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81f37f5c091cf6d63d100cf23afd6d94\" tg-width=\"635\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Data byYCharts</span></p>\n<p>If Apple only traded at 15x trailing earnings, the stock would trade closer to $75, not $150. For this reason, the stock has struggled to break above $150 for a while now.</p>\n<p>While the market forecasts 3% revenue growth for FY22, Citi analyst Wamsi Mohanmade it clearreal risk exists for Apple to actually report revenue and gross profit dollars down YoY in the first 3 quarters of the fiscal year:</p>\n<blockquote>\n Apple could be faced with the dual headwinds of tougher comps and weaker demand in Hardware only modestly offset by any Services re-acceleration. Revenue growth for F4Q was guided lower than the 36% y/y growth in F3Q, but the upcoming Dec, March and now even June quarters could be down y/y in revs and gross profit dollars given several headwinds.\n</blockquote>\n<p><b>iPhone 5G Cycle</b></p>\n<p>History tells us that Apple regularly has these product cycles and covid lockdowns should accelerate the likelihood of a future quarter with trough numbers. In addition, the 5G iPhone cycle should advance these normal cycles with sales pushed from the normal quarter into the December quarter last year. Normal sales for the iPhone 13 in the September quarter will accelerate the tough comps in the December quarter and on into FY22.</p>\n<p>TheCounterpoint chart highlights how the iPhone 12/5G cycle has elevated sales to a level where Apple faces tough comps in FY22. Not only were FQ1'21 sales elevated, but the FQ2'21/FQ3'21 units sold were far in excess of the prior two years.<img src=\"https://static.tigerbbs.com/df98a198f9efe54054ca28995635b11c\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\"></p>\n<p>No real explanation exists for higher sales other than covid demand pulled forward and the 5G cycle. Even normal market growth wouldn't lead to unit sales surging somewhere in the 50% range for the March and June quarters from prior-year levels.</p>\n<p>Investors really have to question whether Apple can sell over 60 million units again in the March quarter and another 50 million units in the June quarter. Even selling iPhones at higher ASPs might not be enough to offset some declines in units sold.</p>\n<p>The crazy part here is that historical norms support Apple reporting some tough comps in the next year and going on to substantial growth in the next decade. The company has Services revenues up to $17.5 billion in quarterly sales accounting for some 21% of sales for the first 9 months of FY21.</p>\n<p>Apple is poised to roll these recurring revenues into more consistent growth, but the growth rates will be as annual revenues top $400 billion. Without the recency bias of the last year, investors would understand this concept and appropriately value the stock at a more normal valuation of ~15x future earnings.</p>\n<p>If the tech giant earns $5.92 in even FY23, the stock would only trade at $89 using a 15x multiple. Remember, one would normally question whether Apple even deserves a 15x forward multiple when earnings are only forecast to grow at a 5% clip in FY23. A stock usually struggles to trade at forward P/E multiples of 2x the growth rate, not 3x the growth rate.</p>\n<p><b>Takeaway</b></p>\n<p>The key investor takeaway is that investors should clearly understand why Apple is struggling to push beyond $150. The stock is already insanely expensive for the normalized growth rates going forward and the real risk that the tech giant actually reports a few quarters where revenues decline.</p>\n<p>Investors should be selling Apple at $150, not looking to buy even more shares at a price where the annualized returns should be weak.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: The $150 Struggle Is Real</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: The $150 Struggle Is Real\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 11:43 GMT+8 <a href=https://seekingalpha.com/article/4451389-apple-the-150-struggle-is-real><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple is struggling to push past a ceiling on the stock at $150.\n5G iPhone units sold in FY21 so far make for a high hurdle in FY22.\nThe stock trades at an insanely 27x FY22 EPS estimates ...</p>\n\n<a href=\"https://seekingalpha.com/article/4451389-apple-the-150-struggle-is-real\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4451389-apple-the-150-struggle-is-real","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104413070","content_text":"Summary\n\nApple is struggling to push past a ceiling on the stock at $150.\n5G iPhone units sold in FY21 so far make for a high hurdle in FY22.\nThe stock trades at an insanely 27x FY22 EPS estimates with minimal growth rates going forward.\nLooking for a helping hand in the market? Members of Out Fox The Street get exclusive ideas and guidance to navigate any climate.\n\nThe COVID-19 work-from-home economy of 2020 provided a massive boost to technology companies that won't repeat over the next year.Apple(AAPL) was one of the biggest beneficiaries of forced technology spending over the last year with workers and students needing more computing power at home. My investment thesis is Bearish with the stock pressing towards all-time highs at $150 while business growth is decelerating.\nSource:FinViz\nRecency Bias\nOne of the biggest mistakes made in the stock market is recency bias. An investor will naturally overweight the recent results of a business in deriving the correct current valuation for an equity.\nThe current stock price is a prime example for Apple. The tech. giant has a huge history of growing over time, but Apple has also had a couple of periods in the last decade where revenues declined.\nThe recent accelerated growth and shift to recurring services shouldn't alter one's view that Apple is still product-focused and will constantly run into down cycles. Investors must consider these likely outcomes when valuing the stock, but the current valuation is based on a recency bias of elevated growth in the last year.\nData byYCharts\nEven after another sterling quarter, analyst estimates are still forecasting a period of up to 4 years where Apple doesn't generate revenue growth in excess of 6%. TheFQ3'21 resultswere blow away numbers with revenues topping $80 billion and beating estimates by over $8 billion.\nSource: Seeking Alphaearnings estimates\nThe problem is that Apple had a nearly perfect quarter. The company admitted that Services revenue won't repeat the 33% growth in the June quarter and these tough comps are problematic for growth in future periods. Investors should easily understand that any growth after reporting a year with 33% growth is impressive, but some post covid slowdowns shouldn't be surprising.\nRight now though, Apple is still priced for excessive growth. A lot of the stock price gains in the last few years are attributed all to expanding P/E multiples. One only has to go back to 2016 for when Apple only traded at 10x trailing earnings. The stock now trades at nearly 30x trailing earnings, or nearly 3x the multiple from just 5 years ago.\nData byYCharts\nIf Apple only traded at 15x trailing earnings, the stock would trade closer to $75, not $150. For this reason, the stock has struggled to break above $150 for a while now.\nWhile the market forecasts 3% revenue growth for FY22, Citi analyst Wamsi Mohanmade it clearreal risk exists for Apple to actually report revenue and gross profit dollars down YoY in the first 3 quarters of the fiscal year:\n\n Apple could be faced with the dual headwinds of tougher comps and weaker demand in Hardware only modestly offset by any Services re-acceleration. Revenue growth for F4Q was guided lower than the 36% y/y growth in F3Q, but the upcoming Dec, March and now even June quarters could be down y/y in revs and gross profit dollars given several headwinds.\n\niPhone 5G Cycle\nHistory tells us that Apple regularly has these product cycles and covid lockdowns should accelerate the likelihood of a future quarter with trough numbers. In addition, the 5G iPhone cycle should advance these normal cycles with sales pushed from the normal quarter into the December quarter last year. Normal sales for the iPhone 13 in the September quarter will accelerate the tough comps in the December quarter and on into FY22.\nTheCounterpoint chart highlights how the iPhone 12/5G cycle has elevated sales to a level where Apple faces tough comps in FY22. Not only were FQ1'21 sales elevated, but the FQ2'21/FQ3'21 units sold were far in excess of the prior two years.\nNo real explanation exists for higher sales other than covid demand pulled forward and the 5G cycle. Even normal market growth wouldn't lead to unit sales surging somewhere in the 50% range for the March and June quarters from prior-year levels.\nInvestors really have to question whether Apple can sell over 60 million units again in the March quarter and another 50 million units in the June quarter. Even selling iPhones at higher ASPs might not be enough to offset some declines in units sold.\nThe crazy part here is that historical norms support Apple reporting some tough comps in the next year and going on to substantial growth in the next decade. The company has Services revenues up to $17.5 billion in quarterly sales accounting for some 21% of sales for the first 9 months of FY21.\nApple is poised to roll these recurring revenues into more consistent growth, but the growth rates will be as annual revenues top $400 billion. Without the recency bias of the last year, investors would understand this concept and appropriately value the stock at a more normal valuation of ~15x future earnings.\nIf the tech giant earns $5.92 in even FY23, the stock would only trade at $89 using a 15x multiple. Remember, one would normally question whether Apple even deserves a 15x forward multiple when earnings are only forecast to grow at a 5% clip in FY23. A stock usually struggles to trade at forward P/E multiples of 2x the growth rate, not 3x the growth rate.\nTakeaway\nThe key investor takeaway is that investors should clearly understand why Apple is struggling to push beyond $150. The stock is already insanely expensive for the normalized growth rates going forward and the real risk that the tech giant actually reports a few quarters where revenues decline.\nInvestors should be selling Apple at $150, not looking to buy even more shares at a price where the annualized returns should be weak.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128718201,"gmtCreate":1624531340003,"gmtModify":1703839527120,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583308661138564","idStr":"3583308661138564"},"themes":[],"htmlText":"¿","listText":"¿","text":"¿","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/128718201","repostId":"1145825451","repostType":2,"repost":{"id":"1145825451","pubTimestamp":1624433586,"share":"https://ttm.financial/m/news/1145825451?lang=&edition=fundamental","pubTime":"2021-06-23 15:33","market":"us","language":"en","title":"Why I Believe NIO Will Beat Out Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1145825451","media":"InvestorPlace","summary":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go","content":"<blockquote>\n <b>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.</b>\n</blockquote>\n<p>Super fans of the latest and greatest high-end<b>Tesla, Inc.</b>(NASDAQ:<b>TSLA</b>) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.</p>\n<p><img src=\"https://static.tigerbbs.com/b294a3604c7ba82bd19b3c70be3a4020\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: nrqemi / Shutterstock.com</p>\n<p>Musk wrote there was… “No need, as Plaid is just so good.”</p>\n<p>The Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.</p>\n<p>Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.</p>\n<p>As a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.</p>\n<p>This “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.</p>\n<p>Both the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.</p>\n<p>Clearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”</p>\n<p>As someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know do<i>not</i>want to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.</p>\n<p>What Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.</p>\n<p>The good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.</p>\n<p>This is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.</p>\n<p>However, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.</p>\n<p><b>Taking Advantage of the EV Revolution’s Profit Potential</b></p>\n<p>I’m talking about <b>Nio, Inc.</b>(NYSE:<b>NIO</b>). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on my<b><i>Platinum Growth Club</i></b>Model Portfolio back in February.</p>\n<p>The company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.</p>\n<p>The company is also partnering with cutting-edge chip companies like<b>NVIDIA Corporation</b>(NASDAQ:<b>NVDA</b>), another one of my<b><i>Platinum Growth Club</i></b>Model Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.</p>\n<p>Now, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.</p>\n<p>With the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.</p>\n<p>That means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.</p>\n<p>Shares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”</p>\n<p>Interestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.</p>\n<p>In other words, NIO represents the<b>crème de la crème</b>of EV stocks right now.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why I Believe NIO Will Beat Out Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy I Believe NIO Will Beat Out Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:33 GMT+8 <a href=https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ...</p>\n\n<a href=\"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉"},"source_url":"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145825451","content_text":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.\nSource: nrqemi / Shutterstock.com\nMusk wrote there was… “No need, as Plaid is just so good.”\nThe Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.\nInstead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.\nAs a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.\nThis “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.\nBoth the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.\nClearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”\nAs someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know donotwant to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.\nWhat Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.\nThe good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.\nThis is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.\nHowever, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.\nTaking Advantage of the EV Revolution’s Profit Potential\nI’m talking about Nio, Inc.(NYSE:NIO). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on myPlatinum Growth ClubModel Portfolio back in February.\nThe company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.\nThe company is also partnering with cutting-edge chip companies likeNVIDIA Corporation(NASDAQ:NVDA), another one of myPlatinum Growth ClubModel Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.\nNow, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.\nWith the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.\nThat means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.\nShares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”\nInterestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.\nIn other words, NIO represents thecrème de la crèmeof EV stocks right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129418006,"gmtCreate":1624380704605,"gmtModify":1703835145285,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583308661138564","idStr":"3583308661138564"},"themes":[],"htmlText":":o","listText":":o","text":":o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129418006","repostId":"1118580429","repostType":4,"repost":{"id":"1118580429","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":1624376537,"share":"https://ttm.financial/m/news/1118580429?lang=&edition=fundamental","pubTime":"2021-06-22 23:42","market":"us","language":"en","title":"Krispy Kreme eyes near $4 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1118580429","media":"Reuters","summary":"June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. init","content":"<p>June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. initial public offering, according to a regulatory filing on Tuesday, valuing the donut chain at nearly $4 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Krishna Chandra Eluri)</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>Krispy Kreme eyes near $4 bln valuation in U.S. 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\">\nKrispy Kreme eyes near $4 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-22 23:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. initial public offering, according to a regulatory filing on Tuesday, valuing the donut chain at nearly $4 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Krishna Chandra Eluri)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DNUT":"Krispy Kreme, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118580429","content_text":"June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. initial public offering, according to a regulatory filing on Tuesday, valuing the donut chain at nearly $4 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Krishna Chandra Eluri)","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165874803,"gmtCreate":1624120564502,"gmtModify":1703829095425,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583308661138564","idStr":"3583308661138564"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/165874803","repostId":"1156696708","repostType":4,"repost":{"id":"1156696708","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 <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":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"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":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165002223,"gmtCreate":1624078832062,"gmtModify":1703828422533,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583308661138564","idStr":"3583308661138564"},"themes":[],"htmlText":":(","listText":":(","text":":(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165002223","repostId":"1166679093","repostType":4,"repost":{"id":"1166679093","pubTimestamp":1624065234,"share":"https://ttm.financial/m/news/1166679093?lang=&edition=fundamental","pubTime":"2021-06-19 09:13","market":"us","language":"en","title":"3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166679093","media":"fool","summary":"Meme stocks have been all the rage so far this year. That's understandable, with several of them del","content":"<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.</p>\n<p>However, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.</p>\n<p>AMC Entertainment</p>\n<p><b>AMC Entertainment</b>(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.</p>\n<p>The consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.</p>\n<p>But isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.</p>\n<p>However, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.</p>\n<p>Clover Health Investments</p>\n<p>Only a few days ago, it looked like <b>Clover Health Investments</b>(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.</p>\n<p>Since the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.</p>\n<p>Clover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.</p>\n<p>Still, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.</p>\n<p>Sundial Growers</p>\n<p>At one point earlier this year, <b>Sundial Growers</b>(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.</p>\n<p>Analysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.</p>\n<p>There certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.</p>\n<p>Sundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.</p>\n<p>However, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the <b>Nasdaq</b> stock exchange.</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>3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:13 GMT+8 <a href=https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp","AMC":"AMC院线","SNDL":"SNDL Inc."},"source_url":"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166679093","content_text":"Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.\nAMC Entertainment\nAMC Entertainment(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.\nThe consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.\nBut isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.\nHowever, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.\nClover Health Investments\nOnly a few days ago, it looked like Clover Health Investments(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.\nSince the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.\nClover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.\nStill, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.\nSundial Growers\nAt one point earlier this year, Sundial Growers(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.\nAnalysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.\nThere certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.\nSundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.\nHowever, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the Nasdaq stock exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166112973,"gmtCreate":1623996232992,"gmtModify":1703826082518,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583308661138564","idStr":"3583308661138564"},"themes":[],"htmlText":":o","listText":":o","text":":o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166112973","repostId":"2144742421","repostType":4,"repost":{"id":"2144742421","pubTimestamp":1623984606,"share":"https://ttm.financial/m/news/2144742421?lang=&edition=fundamental","pubTime":"2021-06-18 10:50","market":"us","language":"en","title":"1 Robinhood Stock That Could Crush Dogecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=2144742421","media":"Motley Fool","summary":"The future looks bright for this tech company.","content":"<p>Aside from their popularity on Robinhood, <b>Dogecoin</b> (CRYPTO:DOGE) and <b>Palantir Technologies</b> (NYSE:PLTR) have <a href=\"https://laohu8.com/S/AONE\">one</a> more thing in common: Both received their names in rather amusing ways.</p>\n<p>Jackson Palmer came up with Dogecoin while switching between two browser tabs: <a href=\"https://laohu8.com/S/AONE.U\">one</a> an article about the Doge meme, the other a popular cryptocurrency site. Similarly, Palantir takes its name from an indestructible, far-seeing crystal ball in <i>The Lord of the Rings</i>.</p>\n<p>While both have humorous origin stories, only one looks like a good long-term investment -- and it's not Dogecoin. Here's why.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4876c80a850ed8ca69b70c4830a75de3\" tg-width=\"700\" tg-height=\"466\"><span>The mascot of Dogecoin. Image source: Getty Images.</span></p>\n<h2>Dogecoin</h2>\n<p>Dogecoin has captivated investors, and it's easy to understand why. Almost overnight, this meme currency became a millionaire-maker -- its value has rocketed 5,600% since January. Even so, there is nothing special about Dogecoin, and no logical reason for its soaring price.</p>\n<p>It isn't the most valuable cryptocurrency, like <b>Bitcoin </b>(CRYPTO: BTC); it doesn't offer instant transactions like <b>Oxen </b>does;, and it doesn't support smart contracts and decentralized financial (DeFi) services, like <b>Ethereum</b> (CRYPTO:ETH) does. Moreover, even if all those problems vanished, the meme currency would still have a scalability problem.</p>\n<p>The Dogecoin blockchain currently handles 0.31 transactions per second (TPS). By comparison, <b><a href=\"https://laohu8.com/S/V\">Visa</a></b>'s network can support up to 65,000 TPS, and cryptocurrencies like <b>Cardano</b> can theoretically handle up to 1 million TPS.</p>\n<p>Put simply, the only remarkable thing about Dogecoin is the level of support it's garnered on social platforms like Reddit and <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>. But popularity alone is not a good reason to invest. So if you're looking to buy a lottery ticket, Dogecoin is a good choice. But if you're trying to build wealth over the long term, I would look elsewhere.</p>\n<h2>Palantir</h2>\n<p>Palantir specializes in big data analytics. In 2003, the company got its start building software for the U.S. intelligence community. Specifically, its platform was used to connect siloed data sets across the CIA and FBI, allowing government agents to work more efficiently.</p>\n<p>But private firms use Palantir, too. In 2005, its analytics tools were used to sift through troves of data during the Bernie Madoff investigation. Ultimately, Palantir played a crucial role in his conviction for securities fraud.</p>\n<p>More recently, Palantir partnered with robotics specialist Sarcos. Its software will help the company build mechanized suits for military and industrial workers. If you're picturing <i>Iron Man</i>, that's pretty accurate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/311e6e26f35fba3ceebfdc31e63e6b36\" tg-width=\"700\" tg-height=\"413\"><span>Image source: Getty Images.</span></p>\n<p>While the company's history is interesting, it also gives Palantir an advantage over virtually every competitor. Case in point: Data privacy is of crucial importance in any application, but that's especially true with classified government intelligence. If Palantir's platform met the security standards of the CIA and FBI, it should be good enough for almost anyone.</p>\n<p>In the first quarter, Palantir delivered strong results. Revenue popped 49% to $341 million, driven by strong traction with both commercial and government clients in the United States. Gross margin jumped 600 basis points to 78%, underscoring its potential profitability.</p>\n<p>That being said, Palantir is not currently profitable according to generally accepted accounting principles (GAAP). But the company did generate positive free cash flow of $116 million in the first quarter, a significant improvement over the $290 million it burned in the prior-year period.</p>\n<p>Looking ahead, Palantir's growing ecosystem of independent software vendors, cloud service providers, and systems integrators should help the company win new contracts in both the government and commercial sectors. Global digitization should be a tailwind: As enterprises look to differentiate themselves, the ability to draw insights from proprietary data should become more important, and that should drive demand for Palantir's software.</p>\n<p>Given these catalysts, management is forecasting revenue growth of at least 30% per year through 2025. However, given the company's performance in recent quarters, that's probably a lowball estimate. Regardless, I think Palantir will be worth twice what it is today by 2025, but I can't say the same for Dogecoin.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>1 Robinhood Stock That Could Crush Dogecoin</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\">\n1 Robinhood Stock That Could Crush Dogecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 10:50 GMT+8 <a href=https://www.fool.com/investing/2021/06/17/1-robinhood-stock-that-could-crush-dogecoin/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aside from their popularity on Robinhood, Dogecoin (CRYPTO:DOGE) and Palantir Technologies (NYSE:PLTR) have one more thing in common: Both received their names in rather amusing ways.\nJackson Palmer ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/17/1-robinhood-stock-that-could-crush-dogecoin/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2021/06/17/1-robinhood-stock-that-could-crush-dogecoin/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144742421","content_text":"Aside from their popularity on Robinhood, Dogecoin (CRYPTO:DOGE) and Palantir Technologies (NYSE:PLTR) have one more thing in common: Both received their names in rather amusing ways.\nJackson Palmer came up with Dogecoin while switching between two browser tabs: one an article about the Doge meme, the other a popular cryptocurrency site. Similarly, Palantir takes its name from an indestructible, far-seeing crystal ball in The Lord of the Rings.\nWhile both have humorous origin stories, only one looks like a good long-term investment -- and it's not Dogecoin. Here's why.\nThe mascot of Dogecoin. Image source: Getty Images.\nDogecoin\nDogecoin has captivated investors, and it's easy to understand why. Almost overnight, this meme currency became a millionaire-maker -- its value has rocketed 5,600% since January. Even so, there is nothing special about Dogecoin, and no logical reason for its soaring price.\nIt isn't the most valuable cryptocurrency, like Bitcoin (CRYPTO: BTC); it doesn't offer instant transactions like Oxen does;, and it doesn't support smart contracts and decentralized financial (DeFi) services, like Ethereum (CRYPTO:ETH) does. Moreover, even if all those problems vanished, the meme currency would still have a scalability problem.\nThe Dogecoin blockchain currently handles 0.31 transactions per second (TPS). By comparison, Visa's network can support up to 65,000 TPS, and cryptocurrencies like Cardano can theoretically handle up to 1 million TPS.\nPut simply, the only remarkable thing about Dogecoin is the level of support it's garnered on social platforms like Reddit and Twitter. But popularity alone is not a good reason to invest. So if you're looking to buy a lottery ticket, Dogecoin is a good choice. But if you're trying to build wealth over the long term, I would look elsewhere.\nPalantir\nPalantir specializes in big data analytics. In 2003, the company got its start building software for the U.S. intelligence community. Specifically, its platform was used to connect siloed data sets across the CIA and FBI, allowing government agents to work more efficiently.\nBut private firms use Palantir, too. In 2005, its analytics tools were used to sift through troves of data during the Bernie Madoff investigation. Ultimately, Palantir played a crucial role in his conviction for securities fraud.\nMore recently, Palantir partnered with robotics specialist Sarcos. Its software will help the company build mechanized suits for military and industrial workers. If you're picturing Iron Man, that's pretty accurate.\nImage source: Getty Images.\nWhile the company's history is interesting, it also gives Palantir an advantage over virtually every competitor. Case in point: Data privacy is of crucial importance in any application, but that's especially true with classified government intelligence. If Palantir's platform met the security standards of the CIA and FBI, it should be good enough for almost anyone.\nIn the first quarter, Palantir delivered strong results. Revenue popped 49% to $341 million, driven by strong traction with both commercial and government clients in the United States. Gross margin jumped 600 basis points to 78%, underscoring its potential profitability.\nThat being said, Palantir is not currently profitable according to generally accepted accounting principles (GAAP). But the company did generate positive free cash flow of $116 million in the first quarter, a significant improvement over the $290 million it burned in the prior-year period.\nLooking ahead, Palantir's growing ecosystem of independent software vendors, cloud service providers, and systems integrators should help the company win new contracts in both the government and commercial sectors. Global digitization should be a tailwind: As enterprises look to differentiate themselves, the ability to draw insights from proprietary data should become more important, and that should drive demand for Palantir's software.\nGiven these catalysts, management is forecasting revenue growth of at least 30% per year through 2025. However, given the company's performance in recent quarters, that's probably a lowball estimate. Regardless, I think Palantir will be worth twice what it is today by 2025, but I can't say the same for Dogecoin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161950548,"gmtCreate":1623901912184,"gmtModify":1703823066193,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583308661138564","idStr":"3583308661138564"},"themes":[],"htmlText":":o","listText":":o","text":":o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161950548","repostId":"1151875977","repostType":4,"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186631071,"gmtCreate":1623490092793,"gmtModify":1704205029600,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583308661138564","idStr":"3583308661138564"},"themes":[],"htmlText":"F","listText":"F","text":"F","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/186631071","repostId":"2142204074","repostType":4,"repost":{"id":"2142204074","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":1623441637,"share":"https://ttm.financial/m/news/2142204074?lang=&edition=fundamental","pubTime":"2021-06-12 04:00","market":"us","language":"en","title":"S&P ekes out gains to close languid week","url":"https://stock-news.laohu8.com/highlight/detail?id=2142204074","media":"Reuters","summary":"NEW YORK, June 11 - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th","content":"<p>NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</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 ekes out gains to close languid 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\">\nS&P ekes out gains to close languid week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-12 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","QID":"纳指两倍做空ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","SQQQ":"纳指三倍做空ETF","DJX":"1/100道琼斯","OEF":"标普100指数ETF-iShares","DXD":"道指两倍做空ETF","QLD":"纳指两倍做多ETF","IVV":"标普500指数ETF","TQQQ":"纳指三倍做多ETF","SDOW":"道指三倍做空ETF-ProShares","PSQ":"纳指反向ETF","DDM":"道指两倍做多ETF","SDS":"两倍做空标普500ETF","UDOW":"道指三倍做多ETF-ProShares","QQQ":"纳指100ETF","UPRO":"三倍做多标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF",".SPX":"S&P 500 Index","OEX":"标普100"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142204074","content_text":"NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.\nEconomically sensitive smallcaps and transports notched solid gains, outperforming the broader market.\nFor the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.\nBut the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.\n\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"\n\"So, investors are going to wait until earnings season.\"\nThe Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.\nInvestors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.\n\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.\nBenchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.\nThe Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's\nAlzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.\nBiogen shares, along with the broader healthcare sector ended the session lower.\nUnofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.\nAmong the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.\nMuch of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.\nBut meme stock moves were more muted on Friday, with AMC Entertainment outperforming.\n(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193337794,"gmtCreate":1620755209218,"gmtModify":1704347912640,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583308661138564","idStr":"3583308661138564"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193337794","repostId":"1199341916","repostType":4,"repost":{"id":"1199341916","pubTimestamp":1620736561,"share":"https://ttm.financial/m/news/1199341916?lang=&edition=fundamental","pubTime":"2021-05-11 20:36","market":"us","language":"en","title":"If Everyone Sees It, Is It Still A Bubble?","url":"https://stock-news.laohu8.com/highlight/detail?id=1199341916","media":"zerohedge","summary":"As Mark Hulbert noted recently, “everyone” is worrying about a “bubble” in the stock market. To wit:. “To appreciate how widespread current concern about a bubble is, consider the accompanying chart of data from Google Trends. It plots the relative frequency of Google searches based on the term ‘stock market bubble.’ Notice that this frequency has recently jumped to a far-higher level than at any other point over the last five years.”“My confidence is rising quite rapidly that this is, in fact, ","content":"<p><b><i>\"If everyone sees it, is it still a bubble?”</i></b>That was a great question I got over the weekend. As a <i>“contrarian”</i> investor, it is usually when <i>“everyone”</i> is talking about an event; it doesn’t happen.</p>\n<p>As <b><i>Mark Hulbert noted recently</i></b>, <i>“everyone”</i> is worrying about a<i> “bubble”</i> in the stock market. To wit:</p>\n<p><i>“To appreciate how widespread current concern about a bubble is, consider the accompanying chart of data from Google Trends. It plots the relative frequency of Google searches based on the term ‘stock market bubble.’ Notice that this frequency has recently jumped to a far-higher level than at any other point over the last five years.”</i></p>\n<p><img src=\"https://static.tigerbbs.com/7a2a152e3037789e73c80d5c89bf4141\" tg-width=\"500\" tg-height=\"337\" referrerpolicy=\"no-referrer\"><b>What Is A Bubble?</b></p>\n<blockquote>\n <b><i>“My confidence is rising quite rapidly that this is, in fact, becoming the fourth ‘real McCoy’ bubble of my investment career.</i></b>\n <i>The great bubbles can go on a long time and inflict a lot of pain, but at least I think we know now that we’re in one.”</i>\n <b><i> –</i></b>\n <i>Jeremy Grantham</i>\n</blockquote>\n<p>What is the definition of a bubble? According to <i>Investopedia:</i></p>\n<blockquote>\n <i>“A bubble is a market cycle that is characterized by the rapid escalation of market value, particularly in the price of assets.</i>\n <i><b>Typically, what creates a bubble is a surge in asset prices driven by exuberant market behavior.</b></i>\n <i> During a bubble, assets typically trade at a price</i>\n <i><b>that greatly exceeds the asset’s intrinsic value. Rather, the price does not align with thefundamentals of the asset.</b></i>\n <i>“</i>\n</blockquote>\n<p>This definition is suitable for our discussion; there are three components of a <i>“bubble.”</i><i><b>The first two, price and valuation,</b></i> are readily dismissed during the inflation phase. Jeremy Grantham once produced the following chart of 40-years of price bubbles in the markets. During the inflation phase, each was readily dismissed under the guise <i>“this time is different.”</i></p>\n<p><img src=\"https://static.tigerbbs.com/367ada4ec5d5a7c35f8e670e0224fc6b\" tg-width=\"500\" tg-height=\"342\"></p>\n<p><b>We are interested in the</b><b><i>“third”</i></b><b> component of</b><b><i>“bubbles,”</i></b><b> which is investor psychology.</b></p>\n<p><b>A Bubble In Psychology</b></p>\n<p>As <i><b>Howard Marks previously noted:</b></i></p>\n<blockquote>\n <i>“It’s the swings of psychology that get people into the biggest trouble. Especially since investors’ emotions invariably swing in the wrong direction at the wrong time.</i>\n <i><b>When things are going well people become greedy and enthusiastic. When times are troubled, people become fearful and reticent. That’s just the wrong thing to do. It’s important to control fear and greed.”</b></i>\n</blockquote>\n<p>Currently, it’s difficult for investors to become any more enthusiastic about market returns. <i>(</i><i><b>The RIAPro Fear/Greed Index</b></i><i> compiles measures of equity allocation and market sentiment. The index level is</i><i><b>not a component</b></i><i> of the measure that runs from 0 to 100.</i><i><b>The current reading is 99.9, which is a historical record.)</b></i></p>\n<p><img src=\"https://static.tigerbbs.com/137bb4e88e92ca8b22df63ffc61e387c\" tg-width=\"500\" tg-height=\"334\"></p>\n<p>Such is an interesting juxtaposition. On the one hand, there is a rising recognition of a <i>“bubble,”</i> but investors are unwilling to reduce “equity risk” for <i>“fear of missing out or F.O.M.O.”</i>Such was a point noted explicitly by Mark:</p>\n<blockquote>\n <i><b>“Rather than responding by taking some chips off the table, however, many began freely admitting a bubble formed.</b></i>\n <i> They no longer tried to justify higher prices on fundamentals. Rather,</i>\n <i><b>they justified it instead in terms of the market’s momentum.</b></i>\n <i> Prices should keep going up as FOMO seduces more investors to jump on the bandwagon.”</i>\n</blockquote>\n<p>In other words, investors have fully adopted the <i>“Greater Fool Theory.”</i></p>\n<p>Okay, Boomer!</p>\n<p>I know. The discussion of <i>“valuations”</i> is an old-fashioned idea relegated to investors of an older era. Such was evident in the pushback on Charlie Munger’s comments about Bitcoin recently:</p>\n<blockquote>\n <i>“</i>\n <i><b>While Munger has never been a bitcoin advocate, his dislike crystalized into something close to hatred.</b></i>\n <i>Looking back over the past 52 weeks, the reason for Munger’s anger becomes apparent with Berkshire rising only 50.5% against bitcoin’s more than 500% gain.” – Coindesk</i>\n</blockquote>\n<p>In 1999, when Buffett spoke out against <i>“Dot.com”</i> stocks, he got dismissed with a similar ire of <b><i>“investing with Warren Buffett is like driving ‘Dad’s old Pontiac.'”</i></b></p>\n<p>Today, young investors are not interested in the <i>“pearls of wisdom”</i> from experienced investors. Today, they are <i>“out of touch,”</i> with the market’s<i> “new reality.”</i></p>\n<blockquote>\n <i><b>“The big benefit of TikTok is it allows users to dole out and obtain information in short, easily digestible video bites, also called TikToks.</b></i>\n <i> And that can make unfamiliar, complex topics, such as personal finance and investing, more palatable to a younger audience.That advice runs the gamut, from general information about home buying or retirement savings to specific stock picks and investment ideas.</i>\n <i><b>Rob Shields, a 22-year-old, self-taught options trader who has more than 163,000 followers on TikTok, posts TikToks under the username stock_genius on topics such as popular stocks to watch, how to find good stocks, and basic trading strategies.” – WSJ:</b></i>\n</blockquote>\n<p><b>Of course, the problem with information doled out by 22-year olds is they were 10-year olds during the last</b><i><b>“bear market.”</b></i>Given the lack of experience of investing during such a market, as opposed to Warren Buffett who has survived several, is the eventual destruction of capital.</p>\n<p><b>Plenty Of Analogies</b></p>\n<blockquote>\n <i><b>“There is no shortage of current analogies, of course. Take Dogecoin, created as a joke with no fundamental value.</b></i>\n <i> As a recent Wall Street Journal article outlined, the Dogecoin ‘serves no purpose and, unlike Bitcoin, faces no limit on the number of coins that exist.’</i>\n <i><b>Yet investors flock to it, for no other apparent reason than its sharp rise.</b></i>\n <i> Billy Markus, the co-creator of dogecoin, said to the Wall Street Journal, ‘This is absurd. I haven’t seen anything like it. It’s one of those things that once it starts going up, it might keep going up.’” – Mark Hulbert</i>\n</blockquote>\n<p>That exuberance shows up with professionals as well.<b> As of the end of April, the National Association Of Investment Managers asset allocation was 103%.</b></p>\n<p><img src=\"https://static.tigerbbs.com/c412f208aa700b3f7ccb35d3b7d4e923\" tg-width=\"500\" tg-height=\"328\"></p>\n<p>As Dana Lyons noted previously:</p>\n<blockquote>\n “\n <i>Regardless of the investment acumen of any group (we think it is very high among NAAIM members),</i>\n <i><b>once the collective investment opinion or posture becomes too one-sided, it can be an indication that some market action may be necessary to correct such consensus.</b></i>\n <i>“</i>\n</blockquote>\n<p><b>Give Me More</b></p>\n<p>Of course, margin debt, which is the epitome of “<i>speculative appetite,”</i> soared in recent months.</p>\n<p><img src=\"https://static.tigerbbs.com/e11b088ecdf04d5036b4f5bb2d67c13d\" tg-width=\"500\" tg-height=\"327\"></p>\n<p>As stated, <i>“bubbles are about psychology,”</i> which the annual rate of change of leverage shows.</p>\n<p><img src=\"https://static.tigerbbs.com/422c963018723e8986826a89a32883e5\" tg-width=\"500\" tg-height=\"327\"></p>\n<p>Another form of leverage that doesn’t show up in margin debt is ETF’s structured to multiply market returns. These funds have seen record inflows in recent months.</p>\n<p><img src=\"https://static.tigerbbs.com/4ac35f10215d5fcffec35e4e94c952bb\" tg-width=\"500\" tg-height=\"335\"></p>\n<p><b>With margin debt reaching levels not seen since the peak of the last cyclical bull market cycle, it should raise some concerns about sustainability.</b> It is NOT the level of leverage that is the problem as leverage increases buying power as markets are rising. <b>The unwinding of this leverage is critically dangerous in the market as the acceleration of</b><b><i>“margin calls”</i></b><b> leads to a vicious downward spiral.</b></p>\n<p>Importantly, this chart<b> does not meanthat a massive market correction is imminent. I</b>t does suggest that leverage, and speculative risk-taking, are likely much further advanced than currently recognized.</p>\n<p><b>Pushing Extremes</b></p>\n<p>Prices are ultimately affected by physics. Moving averages, trend lines, etc., all exert a gravitational pull on prices in both the short and long term. <b>Like a rubber band, when prices get stretched too far in one direction, they have always eventually</b><b><i>“reverted to the mean”</i></b><b> in the most brutal of manners.</b></p>\n<p>The chart below shows the long-term chart of the S&P 500 broken down by several measures: 2 and 3-standard deviations, valuations, relative strength, and deviations from the 3-year moving average. <b>It is worth noting that both standard deviations and distance from the 3-year moving average are at a record.</b></p>\n<p><b>During the last 120-years, overvaluation and extreme deviations NEVER got resolved by markets going sideways.</b></p>\n<p><img src=\"https://static.tigerbbs.com/4fc311c3fdd527fd911070f7dd841545\" tg-width=\"500\" tg-height=\"590\"></p>\n<p>The only missing ingredient for such a correction currently is simply a catalyst to put <i>“fear”</i> into an overly complacent marketplace. Anything from economic disruption, a credit-related crisis, or an unexpected exogenous shock could start the <i>“panic for the exits.”</i></p>\n<p><b>Conclusion</b></p>\n<p>There is more than adequate evidence a<i> “bubble”</i> exists in markets once again. However, as Mark noted in his commentary:</p>\n<blockquote>\n <i>‘I have no idea whether the stock market is actually forming a bubble that’s about to break.</i>\n <i><b>But I do know that many bulls are fooling themselves when they think a bubble can’t happen when there is such widespread concern. In fact, one of the distinguishing characteristics of a bubble is just that.”</b></i>\n</blockquote>\n<p>However, he concludes with the most important statement:</p>\n<blockquote>\n <i>“It’s important for all of us to be aware of this bubble psychology,</i>\n <i><b>but especially if you’re a retiree or a near-retiree. That’s because, in that case, your investment horizon is far shorter than for those who are younger.</b></i>\n <i>Therefore, you are less able to recover from the deflation of a market bubble.”</i>\n</blockquote>\n<p><b>Read that statement again.</b></p>\n<p>Millennials are quick to dismiss the <i>“Boomers”</i> in the financial markets today for <i>“not getting it.”</i></p>\n<p>No, we get it. We have just been around long enough to know how these things eventually end.</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>If Everyone Sees It, Is It Still A Bubble?</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\">\nIf Everyone Sees It, Is It Still A Bubble?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 20:36 GMT+8 <a href=https://www.zerohedge.com/markets/if-everyone-sees-it-it-still-bubble><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"If everyone sees it, is it still a bubble?”That was a great question I got over the weekend. As a “contrarian” investor, it is usually when “everyone” is talking about an event; it doesn’t happen.\nAs...</p>\n\n<a href=\"https://www.zerohedge.com/markets/if-everyone-sees-it-it-still-bubble\">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","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/if-everyone-sees-it-it-still-bubble","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199341916","content_text":"\"If everyone sees it, is it still a bubble?”That was a great question I got over the weekend. As a “contrarian” investor, it is usually when “everyone” is talking about an event; it doesn’t happen.\nAs Mark Hulbert noted recently, “everyone” is worrying about a “bubble” in the stock market. To wit:\n“To appreciate how widespread current concern about a bubble is, consider the accompanying chart of data from Google Trends. It plots the relative frequency of Google searches based on the term ‘stock market bubble.’ Notice that this frequency has recently jumped to a far-higher level than at any other point over the last five years.”\nWhat Is A Bubble?\n\n“My confidence is rising quite rapidly that this is, in fact, becoming the fourth ‘real McCoy’ bubble of my investment career.\nThe great bubbles can go on a long time and inflict a lot of pain, but at least I think we know now that we’re in one.”\n –\nJeremy Grantham\n\nWhat is the definition of a bubble? According to Investopedia:\n\n“A bubble is a market cycle that is characterized by the rapid escalation of market value, particularly in the price of assets.\nTypically, what creates a bubble is a surge in asset prices driven by exuberant market behavior.\n During a bubble, assets typically trade at a price\nthat greatly exceeds the asset’s intrinsic value. Rather, the price does not align with thefundamentals of the asset.\n“\n\nThis definition is suitable for our discussion; there are three components of a “bubble.”The first two, price and valuation, are readily dismissed during the inflation phase. Jeremy Grantham once produced the following chart of 40-years of price bubbles in the markets. During the inflation phase, each was readily dismissed under the guise “this time is different.”\n\nWe are interested in the“third” component of“bubbles,” which is investor psychology.\nA Bubble In Psychology\nAs Howard Marks previously noted:\n\n“It’s the swings of psychology that get people into the biggest trouble. Especially since investors’ emotions invariably swing in the wrong direction at the wrong time.\nWhen things are going well people become greedy and enthusiastic. When times are troubled, people become fearful and reticent. That’s just the wrong thing to do. It’s important to control fear and greed.”\n\nCurrently, it’s difficult for investors to become any more enthusiastic about market returns. (The RIAPro Fear/Greed Index compiles measures of equity allocation and market sentiment. The index level isnot a component of the measure that runs from 0 to 100.The current reading is 99.9, which is a historical record.)\n\nSuch is an interesting juxtaposition. On the one hand, there is a rising recognition of a “bubble,” but investors are unwilling to reduce “equity risk” for “fear of missing out or F.O.M.O.”Such was a point noted explicitly by Mark:\n\n“Rather than responding by taking some chips off the table, however, many began freely admitting a bubble formed.\n They no longer tried to justify higher prices on fundamentals. Rather,\nthey justified it instead in terms of the market’s momentum.\n Prices should keep going up as FOMO seduces more investors to jump on the bandwagon.”\n\nIn other words, investors have fully adopted the “Greater Fool Theory.”\nOkay, Boomer!\nI know. The discussion of “valuations” is an old-fashioned idea relegated to investors of an older era. Such was evident in the pushback on Charlie Munger’s comments about Bitcoin recently:\n\n“\nWhile Munger has never been a bitcoin advocate, his dislike crystalized into something close to hatred.\nLooking back over the past 52 weeks, the reason for Munger’s anger becomes apparent with Berkshire rising only 50.5% against bitcoin’s more than 500% gain.” – Coindesk\n\nIn 1999, when Buffett spoke out against “Dot.com” stocks, he got dismissed with a similar ire of “investing with Warren Buffett is like driving ‘Dad’s old Pontiac.'”\nToday, young investors are not interested in the “pearls of wisdom” from experienced investors. Today, they are “out of touch,” with the market’s “new reality.”\n\n“The big benefit of TikTok is it allows users to dole out and obtain information in short, easily digestible video bites, also called TikToks.\n And that can make unfamiliar, complex topics, such as personal finance and investing, more palatable to a younger audience.That advice runs the gamut, from general information about home buying or retirement savings to specific stock picks and investment ideas.\nRob Shields, a 22-year-old, self-taught options trader who has more than 163,000 followers on TikTok, posts TikToks under the username stock_genius on topics such as popular stocks to watch, how to find good stocks, and basic trading strategies.” – WSJ:\n\nOf course, the problem with information doled out by 22-year olds is they were 10-year olds during the last“bear market.”Given the lack of experience of investing during such a market, as opposed to Warren Buffett who has survived several, is the eventual destruction of capital.\nPlenty Of Analogies\n\n“There is no shortage of current analogies, of course. Take Dogecoin, created as a joke with no fundamental value.\n As a recent Wall Street Journal article outlined, the Dogecoin ‘serves no purpose and, unlike Bitcoin, faces no limit on the number of coins that exist.’\nYet investors flock to it, for no other apparent reason than its sharp rise.\n Billy Markus, the co-creator of dogecoin, said to the Wall Street Journal, ‘This is absurd. I haven’t seen anything like it. It’s one of those things that once it starts going up, it might keep going up.’” – Mark Hulbert\n\nThat exuberance shows up with professionals as well. As of the end of April, the National Association Of Investment Managers asset allocation was 103%.\n\nAs Dana Lyons noted previously:\n\n “\n Regardless of the investment acumen of any group (we think it is very high among NAAIM members),\nonce the collective investment opinion or posture becomes too one-sided, it can be an indication that some market action may be necessary to correct such consensus.\n“\n\nGive Me More\nOf course, margin debt, which is the epitome of “speculative appetite,” soared in recent months.\n\nAs stated, “bubbles are about psychology,” which the annual rate of change of leverage shows.\n\nAnother form of leverage that doesn’t show up in margin debt is ETF’s structured to multiply market returns. These funds have seen record inflows in recent months.\n\nWith margin debt reaching levels not seen since the peak of the last cyclical bull market cycle, it should raise some concerns about sustainability. It is NOT the level of leverage that is the problem as leverage increases buying power as markets are rising. The unwinding of this leverage is critically dangerous in the market as the acceleration of“margin calls” leads to a vicious downward spiral.\nImportantly, this chart does not meanthat a massive market correction is imminent. It does suggest that leverage, and speculative risk-taking, are likely much further advanced than currently recognized.\nPushing Extremes\nPrices are ultimately affected by physics. Moving averages, trend lines, etc., all exert a gravitational pull on prices in both the short and long term. Like a rubber band, when prices get stretched too far in one direction, they have always eventually“reverted to the mean” in the most brutal of manners.\nThe chart below shows the long-term chart of the S&P 500 broken down by several measures: 2 and 3-standard deviations, valuations, relative strength, and deviations from the 3-year moving average. It is worth noting that both standard deviations and distance from the 3-year moving average are at a record.\nDuring the last 120-years, overvaluation and extreme deviations NEVER got resolved by markets going sideways.\n\nThe only missing ingredient for such a correction currently is simply a catalyst to put “fear” into an overly complacent marketplace. Anything from economic disruption, a credit-related crisis, or an unexpected exogenous shock could start the “panic for the exits.”\nConclusion\nThere is more than adequate evidence a “bubble” exists in markets once again. However, as Mark noted in his commentary:\n\n‘I have no idea whether the stock market is actually forming a bubble that’s about to break.\nBut I do know that many bulls are fooling themselves when they think a bubble can’t happen when there is such widespread concern. In fact, one of the distinguishing characteristics of a bubble is just that.”\n\nHowever, he concludes with the most important statement:\n\n“It’s important for all of us to be aware of this bubble psychology,\nbut especially if you’re a retiree or a near-retiree. That’s because, in that case, your investment horizon is far shorter than for those who are younger.\nTherefore, you are less able to recover from the deflation of a market bubble.”\n\nRead that statement again.\nMillennials are quick to dismiss the “Boomers” in the financial markets today for “not getting it.”\nNo, we get it. We have just been around long enough to know how these things eventually end.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193337266,"gmtCreate":1620755180055,"gmtModify":1704347911660,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583308661138564","idStr":"3583308661138564"},"themes":[],"htmlText":"Wow simi//<a href=\"https://laohu8.com/U/3574931303509491\">@RodericK</a>: Wow","listText":"Wow simi//<a href=\"https://laohu8.com/U/3574931303509491\">@RodericK</a>: Wow","text":"Wow simi//@RodericK: Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193337266","repostId":"1122180672","repostType":4,"repost":{"id":"1122180672","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614697099,"share":"https://ttm.financial/m/news/1122180672?lang=&edition=fundamental","pubTime":"2021-03-02 22:58","market":"us","language":"en","title":"NIO plunged more than 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1122180672","media":"老虎资讯综合","summary":"(March 2) NIO Inc. reported a wider-than-expected loss for its fourth quarter, but issued strong re","content":"<p>(March 2) <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p></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>NIO plunged more than 7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO plunged more than 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-02 22:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 2) <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122180672","content_text":"(March 2) NIO Inc. reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.NIO plunged more than 7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":128718201,"gmtCreate":1624531340003,"gmtModify":1703839527120,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583308661138564","authorIdStr":"3583308661138564"},"themes":[],"htmlText":"¿","listText":"¿","text":"¿","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/128718201","repostId":"1145825451","repostType":2,"repost":{"id":"1145825451","pubTimestamp":1624433586,"share":"https://ttm.financial/m/news/1145825451?lang=&edition=fundamental","pubTime":"2021-06-23 15:33","market":"us","language":"en","title":"Why I Believe NIO Will Beat Out Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1145825451","media":"InvestorPlace","summary":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go","content":"<blockquote>\n <b>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.</b>\n</blockquote>\n<p>Super fans of the latest and greatest high-end<b>Tesla, Inc.</b>(NASDAQ:<b>TSLA</b>) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.</p>\n<p><img src=\"https://static.tigerbbs.com/b294a3604c7ba82bd19b3c70be3a4020\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: nrqemi / Shutterstock.com</p>\n<p>Musk wrote there was… “No need, as Plaid is just so good.”</p>\n<p>The Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.</p>\n<p>Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.</p>\n<p>As a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.</p>\n<p>This “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.</p>\n<p>Both the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.</p>\n<p>Clearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”</p>\n<p>As someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know do<i>not</i>want to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.</p>\n<p>What Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.</p>\n<p>The good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.</p>\n<p>This is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.</p>\n<p>However, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.</p>\n<p><b>Taking Advantage of the EV Revolution’s Profit Potential</b></p>\n<p>I’m talking about <b>Nio, Inc.</b>(NYSE:<b>NIO</b>). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on my<b><i>Platinum Growth Club</i></b>Model Portfolio back in February.</p>\n<p>The company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.</p>\n<p>The company is also partnering with cutting-edge chip companies like<b>NVIDIA Corporation</b>(NASDAQ:<b>NVDA</b>), another one of my<b><i>Platinum Growth Club</i></b>Model Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.</p>\n<p>Now, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.</p>\n<p>With the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.</p>\n<p>That means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.</p>\n<p>Shares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”</p>\n<p>Interestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.</p>\n<p>In other words, NIO represents the<b>crème de la crème</b>of EV stocks right now.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why I Believe NIO Will Beat Out Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy I Believe NIO Will Beat Out Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:33 GMT+8 <a href=https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ...</p>\n\n<a href=\"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉"},"source_url":"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145825451","content_text":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.\nSource: nrqemi / Shutterstock.com\nMusk wrote there was… “No need, as Plaid is just so good.”\nThe Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.\nInstead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.\nAs a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.\nThis “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.\nBoth the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.\nClearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”\nAs someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know donotwant to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.\nWhat Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.\nThe good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.\nThis is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.\nHowever, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.\nTaking Advantage of the EV Revolution’s Profit Potential\nI’m talking about Nio, Inc.(NYSE:NIO). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on myPlatinum Growth ClubModel Portfolio back in February.\nThe company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.\nThe company is also partnering with cutting-edge chip companies likeNVIDIA Corporation(NASDAQ:NVDA), another one of myPlatinum Growth ClubModel Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.\nNow, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.\nWith the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.\nThat means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.\nShares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”\nInterestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.\nIn other words, NIO represents thecrème de la crèmeof EV stocks right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165874803,"gmtCreate":1624120564502,"gmtModify":1703829095425,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583308661138564","authorIdStr":"3583308661138564"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/165874803","repostId":"1156696708","repostType":4,"repost":{"id":"1156696708","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 <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":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"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":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161950548,"gmtCreate":1623901912184,"gmtModify":1703823066193,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583308661138564","authorIdStr":"3583308661138564"},"themes":[],"htmlText":":o","listText":":o","text":":o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161950548","repostId":"1151875977","repostType":4,"repost":{"id":"1151875977","pubTimestamp":1623900744,"share":"https://ttm.financial/m/news/1151875977?lang=&edition=fundamental","pubTime":"2021-06-17 11:32","market":"us","language":"en","title":"Snowflake: A Very Aggressive Bet On The Future Of The Data Cloud","url":"https://stock-news.laohu8.com/highlight/detail?id=1151875977","media":"seekingalpha","summary":"Summary\n\nSnowflake has only recently started to recover after the long decline from an all time high","content":"<p><b>Summary</b></p>\n<ul>\n <li>Snowflake has only recently started to recover after the long decline from an all time high of $429 that occurred within the December 8 market session.</li>\n <li>Snowflake created the concept of the Data Cloud which allows organizations to unify and connect to a single copy of all of their data with ease.</li>\n <li>Every Snowflake account is capable of sharing data in the Snowflake Data Marketplace, which is a concept that is very early on in its lifecycle.</li>\n <li>During Investor Day on June 10, Snowflake revealed plans to reach $10 billion in product revenue by the end of 2028 (FY29) with a long-term operating margin target of 10%.</li>\n <li>Snowflake is a buy but only for very aggressive investors as the valuation assumes a lot of growth.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4f629e0a3038cb93bd57cccce00547d\" tg-width=\"768\" tg-height=\"432\"><span>metamorworks/iStock via Getty Images</span></p>\n<p>Last September, Snowflake (NASDAQ:SNOW) began life as a public company after the largest software IPO in history. Snowflake was at the time of its IPO, a unprofitable software company, which is why it was interesting that Warren Buffett's Berkshire Hathaway (NYSE:BRK.A) , which normally eschews investing in software or cloud companies actually wound up investing $735 million or 6.1 million Snowflake shares at the $120 IPO price.</p>\n<p>On September 18, 2020, CEO Frank Slootman,in an interview, disclosed that Berkshire's insurance unit has been using Snowflake's services for quite awhile and that might be part of the reason that Berkshire was comfortable enough to invest in Snowflake's stock. The Slootman interview also disclosed that Snowflake's interactions with Berkshire have been through Todd Combs, the CEO of Berkshire holding GEICO. Since Todd Combs also serves as a Berkshire investment manager, he is probably the one directly responsible for the Snowflake investment and not Buffett.</p>\n<p>Salesforce Ventures (NYSE:CRM) also decided to make an investment of more than $500 million in the company at the IPO, as a play on digital transformation and long term cloud adoption. Snowflake's stock soared in the months following its IPO, partially due to investors being interested in the fastest growing of all the fast growing digital transformation plays and partially due to Snowflake receiving the seal of approval from both Berkshire and Salesforce.</p>\n<p>Snowflake finally ended up reached an all time high of $429.00 within the December 8th market session, at which point Snowflake was selling for 245x Sales and was already being called \"The Most Highly Valued Large Cap Company in History\".</p>\n<p>Eventually, due to fears of rising interest rates and inflation, investors began losing enthusiasm for stocks selling at high valuations and nervous investors have since sold Snowflake's stock down to the point where it had reached all time lows of $184.71 per share on May 13. Since, then the stock has risen slightly over 30% and the question now becomes for investors, \"Is Snowflake a buy at current prices, even though, the company still sells for around 85X sales?\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/324a101dce1df05ccb338b782dd193d3\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>This article will go through some of the reasons why many investors are still very infatuated with Snowflake and also go through recent earnings, as well as explain why I consider Snowflake a buy for very aggressive investors.</p>\n<p><b>Snowflake CEO Frank Slootman</b></p>\n<p>Snowflake was founded in July 2012 by two former Oracle (NYSE:ORCL) engineers Benoit Dageville and Thierry Cruanes, along with Marcin Żukowski, co-founder of the Dutch start-up Vectorwise. The first CEO of Snowflake was Mike Speiser, a venture capitalist at Sutter Hill Ventures. In June 2014, Snowflake appointed former Microsoft (NASDAQ:MSFT) executive Bob Muglia as CEO, as the company emerged from stealth mode.</p>\n<p>In May 2019, the company decided to change the leadership team again to Frank Slootman, the retired former CEO of ServiceNow (NASDAQ:NOW), who joined Snowflake as its CEO and Michael Scarpelli, the former CFO of ServiceNow who joined Snowflake as CFO.</p>\n<p>In an article Beth Kindig wrote for Forbes near the date of the IPO, she indicated that the change of CEOs from Bob Muglia to Frank Slootman likely occurred because of pressure from private investors that wanted leadership from someone that had a proven track record of showing that they could grow an enterprise tech company very quickly and who also could make a successful profitable exit for investors in an IPO. Investors got that type of CEO in Frank Slootman, who has a type of \"Rockstar\" status among CEOs.</p>\n<blockquote>\n “He’s one of the most impressive, most accomplished, most respected CEOs in enterprise tech,” said Asheem Chandna, a software investor at Greylock Partners, which invested in the first two companies Slootman took public, Data Domain (later acquired by EMC and now part ofDell) and ServiceNow. “He’s a take-no-prisoners leader. He can point at a hill and inspire the entire team to follow him to take the hill.”\n</blockquote>\n<blockquote>\n Source:CNBC\n</blockquote>\n<p>Frank Slootman already had a rich history that involved turning around a company called Data Domain, which was detailed in his book “TAPE SUCKS: Inside Data Domain, A Silicon Valley Growth Story”. When Slootman first took over Data Domain in 2003, the company had no customers, no revenues, and was a few months away from bankruptcy. In six years, Slootman grew Data Domain to the point where it was selling more than all of its competitors combined. Slootman then successfully sold the company to EMC (NYSE:DELL) in 2009 for $2.1 billion and the Data Domain product line has been Dell EMC's flagship platform for backup, archive and disaster recovery ever since.</p>\n<p>Two years later, Slootman took over the CEO role of ServiceNow between 2011 to 2017. Part of Slootman's accomplishments at ServiceNow was guiding the company to a 2012 IPO.</p>\n<p>For individuals that think that the role of the CEO is essential for a company's success, Snowflake has perhaps one of the best CEOs in the tech sector and the presence of CEO Frank Slootman alone, should be reason enough to consider Snowflake as an investment.</p>\n<p><b>The Data Cloud</b></p>\n<p>Snowflake is a cloud native company that offers unlimited storage and compute in the cloud in a manner designed to be flexible and convenient for companies. Snowflake was built with the purpose of replacing legacy data warehouses. The Snowflake platform is essentially a complete redesign and reimagining of data warehouse architecture and technology</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f08eef11f814a575de7b02b82c5f49bb\" tg-width=\"640\" tg-height=\"176\"><span>Source:Snowflake Presentation titled \"A Detailed View Inside Snowflake\"</span></p>\n<p></p>\n<p>The problem with how many companies handle data today, is that they have what is known as a siloed data problem. Siloed data simply means that the same information is often stored in different databases, leading to inconsistencies between data located in different parts of the company. Siloed data also often makes it difficult to join data to gain new insights or have the ability to act quickly on any new data.</p>\n<p>Snowflake gives company's the ability to join all of their data together and eliminate discrepancies between data from different sources, and reduce data latency. With joined data and reduced data latency, comes the ability for companies to use new incoming data quickly and this is a huge driver for Snowflake's business. When companies become Snowflake customers, they often find that what used to take hours or days to go through data now only takes minutes.</p>\n<p>With Snowflake's innovations, data is now moving from an era of simply informing people to driving operations right as the information signals come in with very little latency. No more will important business decisions be done with only anecdotal observation. Business decisions will increasingly be data driven. That is what digital transformation actually means for a business.</p>\n<p>Every business, in order to survive will eventually have to digitally transform and Snowflake is becoming an essential building block for digital transformation. The <b>Data Cloud</b>is the building block of digital transformation and Snowflake is evolving to become the largest independent <b>Data Cloud</b>.</p>\n<p><b>Data Sharing</b></p>\n<p>Anyone that has a Snowflake account is capable of sharing data. Data sharing is about to become an additional important business for Snowflake. Snowflake has already built a Data Marketplace and is on the verge of starting to really monetize it. Just recently,Snowflake announced that it was accelerating data collaboration with more than 500 Listings in the Snowflake Data Marketplace.</p>\n<p>Business will be able to search for what data is being offered on the Data Marketplace with some of the data offers being for free and some data offers for pay. The Snowflake management team expects that in the future, data networking will become frictionless and that today, we are on the beginning edges of a true data exchange network application.</p>\n<p>Snowflake expects data sharing to become a big part of their business moving forward and eventually a big part of any future moat because data sharing can translate into powerful network effects, in that the more businesses use the data sharing through Snowflake's market, the more valuable the Snowflake Data Market will become.</p>\n<p><b>Snowflake Architecture</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f8ac65aba89c4df78926d8b9684c24d\" tg-width=\"640\" tg-height=\"363\"><span>Source:Snowflake Presentationtitled \"A Detailed View Inside Snowflake\"</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8494b11b7683d8c1c9aa35501c234e01\" tg-width=\"640\" tg-height=\"439\"><span>Source:Snowflake User Guide</span></p>\n<p>Snowflake’s novel design consists of three components:</p>\n<ol>\n <li><b>Storage</b>: the persistent storage layer for data stored on Snowflake</li>\n <li><b>Compute</b>: a collection of independent compute resources that execute data processing tasks required for queries. Snowflake also describes this compute as virtual warehouses.</li>\n <li><b>Services</b>: a collection of system services that handle infrastructure, security, metadata, and optimization across the entire Snowflake system</li>\n</ol>\n<p>Snowflake has a decoupled architecture that allows for compute and storage to scale separately. The database storage can be provided from any cloud provider that the customer chooses.</p>\n<p>Query processing or compute takes place in what Snowflake calls virtual warehouses. To simplify things for people that are not data experts, a <b>query</b> is a request for data or information from a database table or combination of tables. Query processing is simply using the compute resources to perform a search for data.</p>\n<p>Snowflake uses massively parallel processing or MPP, in the compute/virtual warehouse setup to process queries.Massively parallel processing is a form of collaborative processing of the same program by two or more processors or in this case virtual warehouses. The advantage of using MPP in the virtual warehouse setup is that the virtual warehouses can access the storage layer independently so as not to compete for compute power.</p>\n<p>Snowflake's virtual warehouses have the ability to access any of the databases in the database storage layer to which they have been granted access, and these virtual warehouses can be created, resized and deleted dynamically as resource needs change. When virtual warehouses execute queries, they transparently and automatically cache data from the database storage layer. Snowflake has the advantage of being able to dynamically bring together the storage, compute and services layers, delivering exactly the resources needed exactly when they are needed, meaning that under a multitude of different usage scenarios, Snowflake is able to dynamically create the right balance of IO, memory, CPU, etc.</p>\n<p>Traditional data warehouse, on the other hand, will often tightly couple the storage, compute, and database services. The disadvantage of doing this is there are performance limitations as the number of workloads and users increase, meaning such a configuration is not very scalable.</p>\n<p>Snowflake's competitors, such as Amazon's (NASDAQ:AMZN) Redshift, for instance, can be disadvantaged when having the compute and storage so tightly coupled, because more often than not more time must be spent manually reconfiguring things, which is a disadvantage.</p>\n<p>One of Snowflake’s unique value propositions is the company’s relatively flexible business model compared to its peers. Snowflake touts this ability on its website:</p>\n<blockquote>\n “Whether you’re a business or technology professional, get the performance, flexibility, and near-infinite scalability to easily load, integrate, analyze and securely share your data.”\n</blockquote>\n<blockquote>\n Source:Snowflake\n</blockquote>\n<p>Snowflake's virtual data warehouse setup where workloads share the same data but can run independently, makes it easier for customers to run smaller workloads. Snowflake management calls this the ability to scale down. When a company joins Snowflake, it does not require a big upfront commitment like it might with other companies. Snowflake allows customers to fully customize their services with an ability to scale down to whatever level is needed. Companies only have to pay for the services they need, instead of having to pay for big bulked up packages containing unnecessary services.</p>\n<p>Snowflake’s competitors, on the other hand, often combine compute, storage and services, then require customers to size and pay based on the largest workload, which can make some data warehouses completely unaffordable or inefficient for some companies.</p>\n<p>Snowflake's documentation claims that the Snowflake data platform is not built on any existing database technology or “big data” software platforms such as Hadoop. Instead, Snowflake combines a completely new SQL query engine with an innovative database architecture natively designed for the cloud. This database and query engine helps Snowflake perform faster queries with fewer errors and costs over competitors.</p>\n<p>I don't want this explanation to get too technical for those not familiar with databases, storage or how the cloud works, so for those that want a more technical explanation of Snowflake's architecture, they can read Snowflake's documentation. or read a Snowflake Presentation titled \"A Detailed View Inside Snowflake\".</p>\n<p><b>C3 AI and Snowflake Partner</b></p>\n<p>Before going through earnings, I wanted to highlight some very recent news of a new collaboration between C3.ai (NYSE:AI) and Snowflake. C3 AI is an enterprise AI software provider that provides a suite that provides comprehensive services to build enterprise-scale AI applications more efficiently and cost-effectively than alternative approaches.</p>\n<p>This partnership will give companies that currently use Snowflake access to the C3 AI® Suite and pre-built C3 AI applications that include a range of industries and enterprise AI use cases, including AI-based CRM, predictive maintenance, supply network optimization, and fraud detection.</p>\n<blockquote>\n C3.ai's chief product officer, Houman Behzadi, said the partnership \"will create significant time and operational efficiencies for Snowflake's customers and solidify Snowflake as the operational data platform of choice for enterprise AI applications.\"\n</blockquote>\n<blockquote>\n Source: C3.ai's chief product officer, Houman Behzadi -ZDNet\n</blockquote>\n<p><b>Snowflake Q1 FY 2022 Earnings</b></p>\n<p>Snowflake's Q1 FY 2022 remaining performance obligations or RPO was $1.4 billion, representing 206% year-over-year growth. The RPO results reflected more multimillion-dollar relationships with particular strength in the telecom and technology sectors. Of the $1.4 billion in RPO, Snowflake expects approximately 54% to be recognized as revenue in the next 12 months.</p>\n<p>Snowflake defines RPO in its earnings press release as the amount of contracted future revenue that has not yet been recognized, including both deferred revenue and non-cancelable contracted amounts that will be invoiced and recognized as revenue in future periods.</p>\n<p>RPO excludes performance obligations from on-demand arrangements and certain time and materials contracts that are billed in arrears.<b>RPO is not necessarily indicative of future product revenue growth because it does not account for the timing of customers’ consumption or their consumption of more than their contracted capacity</b>.</p>\n<p>At the end of Q1, Snowflake had 4,532 total customers. The total number reflects the addition of 393 net new customers in Q1, including three seven-figure new customers. Several of these customer wins might be recognizable names to investors that include Datadog (NASDAQ:DDOG) and Walgreens Boots Alliance (NASDAQ:WBA) and Equifax (NYSE:EFX).</p>\n<p>Snowflake management has stated that they have a strong interest in penetrating more of the largest enterprises globally because they provide the largest opportunity for account expansion. On that note, Snowflake now has 104 customers with trailing 12-month product revenue greater than $1 million, up from 77 last quarter. CFO Michael Scarpelli had some interesting things to say about Snowflake expanding with large customers that shows why the company's products are gaining fans among large enterprises</p>\n<blockquote>\n When we expand within our largest customers, we typically replace more than one solution. In many cases, we replace on-premise and first-generation cloud solutions, and we address new workloads.\n <b>Snowflake creates use cases that were previously impossible</b>. This is what fuels our 168% net revenue retention rate, and we remain confident that our net revenue retention will stay above 160% for the fiscal year.\n</blockquote>\n<blockquote>\n Source: CFO Michael Scarpelli -Snowflake Q1 FY2022 Earnings Call\n</blockquote>\n<p>Snowflake's net revenue retention rate of 168% is probably the best number in the SaaS world. Snowflake calculates their net retention number by first specifying a measurement period consisting of the trailing two years from the current period end. Next, Snowflake defines the measurement cohort as the population of customers under capacity contracts that used the platform at any point in the first month of the first year of the measurement period. The net revenue retention is then defined as the quotient obtained by dividing the product revenue from the cohort in the second year of the measurement period by the product revenue from this cohort in the first year of the measurement period.</p>\n<p>So a net retention rate of 168% means that the customer cohort that spent $100 on average in the first year of the measurement period on the Snowflake platform is spending on average $168 in the second year of the measurement period.. Any customer in the cohort that did not use the platform in the second year remains in the calculation and simply contributes zero product revenue in the second year.</p>\n<p>Snowflake grew product and total revenues grew 110% year over year to $229 million. Product revenue grew to $214 million, reflecting strength in Snowflake consumption. Product revenue is a key metric for Snowflake because revenue is recognized based on platform consumption, which is inherently variable at the customers discretion, and not based on the amount and duration of contract terms. Professional services and other revenue was 15 million.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b09f8c93a8df1f1ad6663d3c88240f18\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>As explained in Snowflake's Q1 FY2022 earnings release, product revenue primarily includes compute, storage, and data transfer resources, which are consumed by customers on Snowflake's platform as a single, integrated offering. Snowflake customers have the ability to consume more than their contracted capacity during the contract term and may have the ability to roll over unused capacity to future periods, generally on the purchase of additional capacity at renewal.</p>\n<p>Snowflake's consumption-based business model distinguishes the company from subscription-based SaaS companies that generally recognize revenue ratably over the contract term and may not permit rollover of services. Because customers have flexibility in the timing of their consumption, which can exceed their contracted capacity or extend beyond the original contract term in many cases, Snowflake believes that the amount of product revenue recognized in a given period is an important indicator of customer satisfaction and the value derived from the platform.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cbf138441130b474d888f2b8c3b6a14d\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>Snowflake's Cost of Sales was $97.35 million. Snowflake's overall Gross Profit rose 98.6% to $131.57 million. Overall Gross Margins were 57.47% and on a non-GAAP basis, Snowflake's<b>product</b>gross margin was 72%, up from 66% in the comparable quarter last year<b>.</b></p>\n<p>Favorable cloud service agreements, growing scale across different regions and Snowflake's enterprise customer's success all contributed to steady product gross margin improvements. Management also indicated during the earnings call that in the long term, the product gross margin number could trend upward into the mid 70’s with the help of improved data storage economics. The recent changes to Snowflake’s storage representation of data have resulted in better data compression and reduced storage costs, which help the gross margin.</p>\n<blockquote>\n And the way it [Data Compression] improves margin is because storage becomes more efficient. Storage is a smaller component of the overall mix of the revenue, and compute is the real value of our software that drives more margin. And I will say we did roll this out in April, and you do see some of that coming into an impact on last quarter. But we did say at our IPO, if you remember, we thought we could get to the mid-70s [in product gross margins]. That might feel very good that we'll get to the mid-70s. It's going to take some time.\n</blockquote>\n<blockquote>\n Source: CFO Michael Scarpelli -Snowflake Q1 FY2022 Earnings Call\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/529eb97bb77469e322f930569f856186\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>Total Operating Expenditures were $337.16 Million. Snowflake recorded an Operating Loss of $205.60 Million. Product Operating margin was negative 16%, benefiting from revenue outperformance.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6dbb627575db2043508b5d9184639717\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>Snowflake recorded a net loss of $203.22 Million in Q1. Net loss per share attributable to common stockholders, basic and diluted was -$0.70.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61498379509a7d72eac3dc247b9d077b\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>Adjusted free cash flow margin was 10% and was positively impacted by strong collections from Q4 bookings and operating margin outperformance. Adjusted free cash flow excludes the $10 million impact of net cash paid or received on both employee and employer payroll tax-related items on employee stock option transactions. Adjusted free cash flow is defined as free cash flow plus (minus) net cash paid (received) on payroll tax-related items on employee stock transactions.</p>\n<p>Free cash flow is defined as net cash provided by (used in) operating activities reduced by purchases of property and equipment and capitalized internal-use software development costs. Free cash flow was $2.48 million during Q1.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c7cff66a7608df26acf8524dc7a00a4e\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>It is important to remember that Snowflake does experience free cash flow seasonality. In fiscal '21, Q1 and Q4 were the strongest free cash flow quarters, while Q2 was the weakest and this pattern is expected to continue in future periods.</p>\n<p><b>Guidance</b></p>\n<p><b>Snowflake Q2 FY2022 Guidance</b></p>\n<p><img src=\"https://static.tigerbbs.com/b22e33efd1f082c777336f7bab0d3926\" tg-width=\"640\" tg-height=\"230\" referrerpolicy=\"no-referrer\"><b>FY 2022 Full Year Guidance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2cd6518f91e69cf59128aedc5da0d0de\" tg-width=\"640\" tg-height=\"262\"><span>Source:Snowflake First Quarter of Fiscal 2022 Press Release</span></p>\n<p><b>Balance Sheet</b></p>\n<p>The company’s balance sheet is healthy, with approximately $3.9 billion in cash, cash equivalents and short-term investments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c8679600d7e74072382f3e1712f9ef7\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>Total Current Liabilities are $777.00 Million. Quick ratio was 5.27. A good quick ratio is any number greater than 1.0. Snowflake has aDebt To Equity ratioof 0.04.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f43b9ae97e48ef789152979917a02a5c\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p><b>Snowflake Investor Day</b></p>\n<p>Snowflake held an Investor Day on June 10th, in which the company revealed plans to reach $10 billion in product revenue by the end of 2028 (FY29), a big rise from fiscal 2021’s $554 million, with a long-term operating margin target of 10%.</p>\n<p>Investors, however, seem to have wanted even more growth as the stock opened around 4% lower the next day. Some analysts like Patrick Colville of Deutsche Bank think guidance is conservative because it implies that Snowflake would only capture about 12% of the $86B data warehouse market estimated for FY29.</p>\n<p>That all goes to show that there are already enormous growth expectations built into this stock because $10 billion in product revenue by the end of 2028 is a fairly ambitious goal.</p>\n<p>One other interesting part of the presentation was that the CFO raised the total addressable market for Snowflake to $90 billion, up from the $81 billion used for the roadshow for the IPO.</p>\n<p><b>Competitors</b></p>\n<p>In addition to database warehouses Druid and Dremio, Snowflake's strongest competitors appear to be the big data warehouse systems from the major cloud players like Amazon's Redshift, Microsoft Azure's Synapse, and Google's Big Query.</p>\n<p>Amazon, Microsoft and Google are all choosing to compete against Snowflake's new ideas in database warehouses by using the time honored tactic of trying to copy as many of Snowflake's features as possible..</p>\n<p>The advantage that Snowflake has over Amazon, Microsoft and Google in those companies trying to play copycat is that those database warehouses don't scale as well across different data sources (namely competing cloud storage services) and the major cloud players are not fully independent database warehouse providers, meaning that in the end, Amazon, Microsoft and Google are trying to lock customers in to as many of their bundled cloud services as possible. Snowflake doesn't care what cloud service a customer uses for services like storage, as Snowflake is truly neutral in the cloud wars, which is very desirable in a multi-cloud world.</p>\n<p>Of all the competitors, Google Big Query is currently the closest competitor to what Snowflake is doing as it also separates storage and compute. The biggest differences between Snowflake and BigQuery comes down to pricing and performance. Beth Kindig, in her article about Snowflake said this about Snowflake vs Big Query:</p>\n<blockquote>\n When it comes to deciding between BigQuery and Snowflake, it can come down to what you do with the database due to pricing structure differences. For instance, Snowflake is a better choice for concurrent users and business intelligence. It’s also a great choice for data-as-a-service, where you might give client access to your data in the form of analytics. BigQuery is perhaps a better choice for ad hoc reporting, where you have occasional complex reports on a quarterly basis or recommendation models and machine learning that require high idle time. Again, these examples are mainly due to pricing structure.\n</blockquote>\n<blockquote>\n Source: Beth Kindig -Forbes article\n</blockquote>\n<p><b>Risks</b></p>\n<p>Snowflake has significant valuation risk, even with the pullback in the stock price from its highs in December. For Snowflake to expand its valuation any further, it is going to require the company to continue posting outstanding growth numbers.</p>\n<p>Secondarily, Snowflake currently only offers their platform on the public clouds provided by AWS, Azure, and GCP, which are also some of the company's primary competitors. Currently, a substantial majority of Snowflake's business is run on the AWS public cloud.</p>\n<p>So, while Snowflake has some competitive advantages over a cloud giant like AWS, there is a risk that AWS or one of the other cloud giants could use the control of their public cloud to embed innovations for competing offerings to Snowflake or bundle competing products together with other cloud services or leverage their public cloud customer relationships to exclude Snowflake from opportunities. The reason why this risk might not play out in the cloud giants favor is that it appears companies are favoring multi-cloud approaches and have little desire in being locked into only one cloud by a bundled product. That is where Snowflake's Switzerland neutral status in the cloud wars provides some protection but not total protection from this risk.</p>\n<p>On another note, though, because the three major cloud players also provides much of the infrastructure for Snowflake's business model, in the future it is completely possible that Snowflake could face the risk of unfavorable pricing for the use of the underlying cloud infrastructure, which could hurt Snowflake's margins.</p>\n<p>Snowflake could also undergo pricing pressure on the services offered to customers, as a company like Amazon could do something like offer discount pricing for competing services to customers and that scenario could also threaten Snowflake's margins over the longer term. Amazon has been known to use that strategy in other areas of their business in the past.</p>\n<p>Another risk is regulatory. Snowflake must comply with evolving privacy and other data related laws. The requirements for following those laws could be expensive and force the company to make adverse changes to the business, with failure to comply with such laws not being much of an option. Examples of these types of laws are General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA).</p>\n<p><b>Valuation</b></p>\n<table>\n <tbody>\n <tr>\n <td>Company</td>\n <td>Mkt Cap</td>\n <td><p>Price/Sales</p></td>\n <td>Free Cash Flow Margin %</td>\n <td>EV/Revenues (FWD)</td>\n <td>Revenue Growth (Y/Y) %</td>\n <td>Gross Margins %</td>\n <td>Revenues</td>\n </tr>\n <tr>\n <td><p>Salesforce</p><p>(CRM)</p></td>\n <td>$222.53B</td>\n <td>10.30</td>\n <td>51.27%</td>\n <td>8.1</td>\n <td>22.57%</td>\n <td>73.92%</td>\n <td>5.96B</td>\n </tr>\n <tr>\n <td>Snowflake (SNOW)</td>\n <td>$71.25B</td>\n <td>87.93</td>\n <td>1.09%</td>\n <td>60.4</td>\n <td>110.4%</td>\n <td>57.47%</td>\n <td>228.9M</td>\n </tr>\n <tr>\n <td>Okta (OKTA)</td>\n <td>$34.63B</td>\n <td>32.59</td>\n <td>20.99%</td>\n <td>27.6</td>\n <td>37.27%</td>\n <td>73.66%</td>\n <td>$251M</td>\n </tr>\n <tr>\n <td>MongoDB (MDB)</td>\n <td>$20.76B</td>\n <td>32.36</td>\n <td>5.28%</td>\n <td>26.8</td>\n <td>39.38%</td>\n <td>69.98%</td>\n <td>$181.7M</td>\n </tr>\n <tr>\n <td>Teradata (TDC)</td>\n <td>$5.23B</td>\n <td>2.76</td>\n <td>21.38%</td>\n <td>2.7</td>\n <td>13.13%</td>\n <td>62.53%</td>\n <td>491M</td>\n </tr>\n </tbody>\n</table>\n<p>Two things are very obvious about the above company comparisons. One is that Snowflake, even with substantial pullback from its all time highs in December is very highly valued on a Price to Sales basis. Second, is that Snowflake was still growing triple digits in the latest quarter, which is pretty amazing.</p>\n<p>On the other hand, investors were not impressed by the guidance given during earnings, nor were they impressed by Snowflake's long term projections given during their recent Investor Day. One thing is for sure, for investors to bid Snowflake's stock up further, the company will have to keep producingmind boggling growth numbers.</p>\n<p>The following is based on 26 Wall Street analysts offering 12-month price targets for Snowflake in the last 3 months. The average price target is $292.12 with a high forecast of $515.00 and a low forecast of $240.60. The average price target represents a 21.41% from the last price of $240.60.</p>\n<p><img src=\"https://static.tigerbbs.com/007fe75a78c7835e52d8edf8bc7f6bed\" tg-width=\"499\" tg-height=\"405\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Conclusion</b></p>\n<p>Snowflake is a stock that has very high expectations built into the stock price. The latest earnings and guidance, plus the latest investor day were not enough to get investors excited about pushing the value of the stock much further than it is now.</p>\n<p>However, I think that with a company like Snowflake, one has to take a much longer view than simply looking at one quarter's metrics. I believe it is appropriate to take at least a five year view with this company to see that the future is likely very bright. I believe Snowflake is being very conservative with their long term projections given during Investor Day and if that should prove to be the case, we all might look back several years from now and see with the benefit of hindsight that the stock was actually undervalued.</p>\n<p>I believe that the idea of a Data Cloud and a Data Marketplace are very, very early in the product life cycle and that Snowflake is at the beginning of a strong run of customer and revenue growth over the next several years. Snowflake is a buy but only for <b>veryaggressive investors</b> because there is already a lot of growth embedded in Snowflake's valuation and if the company fails to produce that expected growth, then the stock could drop rapidly.</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>Snowflake: A Very Aggressive Bet On The Future Of The Data Cloud</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\">\nSnowflake: A Very Aggressive Bet On The Future Of The Data Cloud\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 11:32 GMT+8 <a href=https://seekingalpha.com/article/4435130-snowflake-stock-snow-very-aggressive-bet-on-future-of-data-cloud><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSnowflake has only recently started to recover after the long decline from an all time high of $429 that occurred within the December 8 market session.\nSnowflake created the concept of the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435130-snowflake-stock-snow-very-aggressive-bet-on-future-of-data-cloud\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://seekingalpha.com/article/4435130-snowflake-stock-snow-very-aggressive-bet-on-future-of-data-cloud","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151875977","content_text":"Summary\n\nSnowflake has only recently started to recover after the long decline from an all time high of $429 that occurred within the December 8 market session.\nSnowflake created the concept of the Data Cloud which allows organizations to unify and connect to a single copy of all of their data with ease.\nEvery Snowflake account is capable of sharing data in the Snowflake Data Marketplace, which is a concept that is very early on in its lifecycle.\nDuring Investor Day on June 10, Snowflake revealed plans to reach $10 billion in product revenue by the end of 2028 (FY29) with a long-term operating margin target of 10%.\nSnowflake is a buy but only for very aggressive investors as the valuation assumes a lot of growth.\n\nmetamorworks/iStock via Getty Images\nLast September, Snowflake (NASDAQ:SNOW) began life as a public company after the largest software IPO in history. Snowflake was at the time of its IPO, a unprofitable software company, which is why it was interesting that Warren Buffett's Berkshire Hathaway (NYSE:BRK.A) , which normally eschews investing in software or cloud companies actually wound up investing $735 million or 6.1 million Snowflake shares at the $120 IPO price.\nOn September 18, 2020, CEO Frank Slootman,in an interview, disclosed that Berkshire's insurance unit has been using Snowflake's services for quite awhile and that might be part of the reason that Berkshire was comfortable enough to invest in Snowflake's stock. The Slootman interview also disclosed that Snowflake's interactions with Berkshire have been through Todd Combs, the CEO of Berkshire holding GEICO. Since Todd Combs also serves as a Berkshire investment manager, he is probably the one directly responsible for the Snowflake investment and not Buffett.\nSalesforce Ventures (NYSE:CRM) also decided to make an investment of more than $500 million in the company at the IPO, as a play on digital transformation and long term cloud adoption. Snowflake's stock soared in the months following its IPO, partially due to investors being interested in the fastest growing of all the fast growing digital transformation plays and partially due to Snowflake receiving the seal of approval from both Berkshire and Salesforce.\nSnowflake finally ended up reached an all time high of $429.00 within the December 8th market session, at which point Snowflake was selling for 245x Sales and was already being called \"The Most Highly Valued Large Cap Company in History\".\nEventually, due to fears of rising interest rates and inflation, investors began losing enthusiasm for stocks selling at high valuations and nervous investors have since sold Snowflake's stock down to the point where it had reached all time lows of $184.71 per share on May 13. Since, then the stock has risen slightly over 30% and the question now becomes for investors, \"Is Snowflake a buy at current prices, even though, the company still sells for around 85X sales?\"\nData by YCharts\nThis article will go through some of the reasons why many investors are still very infatuated with Snowflake and also go through recent earnings, as well as explain why I consider Snowflake a buy for very aggressive investors.\nSnowflake CEO Frank Slootman\nSnowflake was founded in July 2012 by two former Oracle (NYSE:ORCL) engineers Benoit Dageville and Thierry Cruanes, along with Marcin Żukowski, co-founder of the Dutch start-up Vectorwise. The first CEO of Snowflake was Mike Speiser, a venture capitalist at Sutter Hill Ventures. In June 2014, Snowflake appointed former Microsoft (NASDAQ:MSFT) executive Bob Muglia as CEO, as the company emerged from stealth mode.\nIn May 2019, the company decided to change the leadership team again to Frank Slootman, the retired former CEO of ServiceNow (NASDAQ:NOW), who joined Snowflake as its CEO and Michael Scarpelli, the former CFO of ServiceNow who joined Snowflake as CFO.\nIn an article Beth Kindig wrote for Forbes near the date of the IPO, she indicated that the change of CEOs from Bob Muglia to Frank Slootman likely occurred because of pressure from private investors that wanted leadership from someone that had a proven track record of showing that they could grow an enterprise tech company very quickly and who also could make a successful profitable exit for investors in an IPO. Investors got that type of CEO in Frank Slootman, who has a type of \"Rockstar\" status among CEOs.\n\n “He’s one of the most impressive, most accomplished, most respected CEOs in enterprise tech,” said Asheem Chandna, a software investor at Greylock Partners, which invested in the first two companies Slootman took public, Data Domain (later acquired by EMC and now part ofDell) and ServiceNow. “He’s a take-no-prisoners leader. He can point at a hill and inspire the entire team to follow him to take the hill.”\n\n\n Source:CNBC\n\nFrank Slootman already had a rich history that involved turning around a company called Data Domain, which was detailed in his book “TAPE SUCKS: Inside Data Domain, A Silicon Valley Growth Story”. When Slootman first took over Data Domain in 2003, the company had no customers, no revenues, and was a few months away from bankruptcy. In six years, Slootman grew Data Domain to the point where it was selling more than all of its competitors combined. Slootman then successfully sold the company to EMC (NYSE:DELL) in 2009 for $2.1 billion and the Data Domain product line has been Dell EMC's flagship platform for backup, archive and disaster recovery ever since.\nTwo years later, Slootman took over the CEO role of ServiceNow between 2011 to 2017. Part of Slootman's accomplishments at ServiceNow was guiding the company to a 2012 IPO.\nFor individuals that think that the role of the CEO is essential for a company's success, Snowflake has perhaps one of the best CEOs in the tech sector and the presence of CEO Frank Slootman alone, should be reason enough to consider Snowflake as an investment.\nThe Data Cloud\nSnowflake is a cloud native company that offers unlimited storage and compute in the cloud in a manner designed to be flexible and convenient for companies. Snowflake was built with the purpose of replacing legacy data warehouses. The Snowflake platform is essentially a complete redesign and reimagining of data warehouse architecture and technology\nSource:Snowflake Presentation titled \"A Detailed View Inside Snowflake\"\n\nThe problem with how many companies handle data today, is that they have what is known as a siloed data problem. Siloed data simply means that the same information is often stored in different databases, leading to inconsistencies between data located in different parts of the company. Siloed data also often makes it difficult to join data to gain new insights or have the ability to act quickly on any new data.\nSnowflake gives company's the ability to join all of their data together and eliminate discrepancies between data from different sources, and reduce data latency. With joined data and reduced data latency, comes the ability for companies to use new incoming data quickly and this is a huge driver for Snowflake's business. When companies become Snowflake customers, they often find that what used to take hours or days to go through data now only takes minutes.\nWith Snowflake's innovations, data is now moving from an era of simply informing people to driving operations right as the information signals come in with very little latency. No more will important business decisions be done with only anecdotal observation. Business decisions will increasingly be data driven. That is what digital transformation actually means for a business.\nEvery business, in order to survive will eventually have to digitally transform and Snowflake is becoming an essential building block for digital transformation. The Data Cloudis the building block of digital transformation and Snowflake is evolving to become the largest independent Data Cloud.\nData Sharing\nAnyone that has a Snowflake account is capable of sharing data. Data sharing is about to become an additional important business for Snowflake. Snowflake has already built a Data Marketplace and is on the verge of starting to really monetize it. Just recently,Snowflake announced that it was accelerating data collaboration with more than 500 Listings in the Snowflake Data Marketplace.\nBusiness will be able to search for what data is being offered on the Data Marketplace with some of the data offers being for free and some data offers for pay. The Snowflake management team expects that in the future, data networking will become frictionless and that today, we are on the beginning edges of a true data exchange network application.\nSnowflake expects data sharing to become a big part of their business moving forward and eventually a big part of any future moat because data sharing can translate into powerful network effects, in that the more businesses use the data sharing through Snowflake's market, the more valuable the Snowflake Data Market will become.\nSnowflake Architecture\nSource:Snowflake Presentationtitled \"A Detailed View Inside Snowflake\"\nSource:Snowflake User Guide\nSnowflake’s novel design consists of three components:\n\nStorage: the persistent storage layer for data stored on Snowflake\nCompute: a collection of independent compute resources that execute data processing tasks required for queries. Snowflake also describes this compute as virtual warehouses.\nServices: a collection of system services that handle infrastructure, security, metadata, and optimization across the entire Snowflake system\n\nSnowflake has a decoupled architecture that allows for compute and storage to scale separately. The database storage can be provided from any cloud provider that the customer chooses.\nQuery processing or compute takes place in what Snowflake calls virtual warehouses. To simplify things for people that are not data experts, a query is a request for data or information from a database table or combination of tables. Query processing is simply using the compute resources to perform a search for data.\nSnowflake uses massively parallel processing or MPP, in the compute/virtual warehouse setup to process queries.Massively parallel processing is a form of collaborative processing of the same program by two or more processors or in this case virtual warehouses. The advantage of using MPP in the virtual warehouse setup is that the virtual warehouses can access the storage layer independently so as not to compete for compute power.\nSnowflake's virtual warehouses have the ability to access any of the databases in the database storage layer to which they have been granted access, and these virtual warehouses can be created, resized and deleted dynamically as resource needs change. When virtual warehouses execute queries, they transparently and automatically cache data from the database storage layer. Snowflake has the advantage of being able to dynamically bring together the storage, compute and services layers, delivering exactly the resources needed exactly when they are needed, meaning that under a multitude of different usage scenarios, Snowflake is able to dynamically create the right balance of IO, memory, CPU, etc.\nTraditional data warehouse, on the other hand, will often tightly couple the storage, compute, and database services. The disadvantage of doing this is there are performance limitations as the number of workloads and users increase, meaning such a configuration is not very scalable.\nSnowflake's competitors, such as Amazon's (NASDAQ:AMZN) Redshift, for instance, can be disadvantaged when having the compute and storage so tightly coupled, because more often than not more time must be spent manually reconfiguring things, which is a disadvantage.\nOne of Snowflake’s unique value propositions is the company’s relatively flexible business model compared to its peers. Snowflake touts this ability on its website:\n\n “Whether you’re a business or technology professional, get the performance, flexibility, and near-infinite scalability to easily load, integrate, analyze and securely share your data.”\n\n\n Source:Snowflake\n\nSnowflake's virtual data warehouse setup where workloads share the same data but can run independently, makes it easier for customers to run smaller workloads. Snowflake management calls this the ability to scale down. When a company joins Snowflake, it does not require a big upfront commitment like it might with other companies. Snowflake allows customers to fully customize their services with an ability to scale down to whatever level is needed. Companies only have to pay for the services they need, instead of having to pay for big bulked up packages containing unnecessary services.\nSnowflake’s competitors, on the other hand, often combine compute, storage and services, then require customers to size and pay based on the largest workload, which can make some data warehouses completely unaffordable or inefficient for some companies.\nSnowflake's documentation claims that the Snowflake data platform is not built on any existing database technology or “big data” software platforms such as Hadoop. Instead, Snowflake combines a completely new SQL query engine with an innovative database architecture natively designed for the cloud. This database and query engine helps Snowflake perform faster queries with fewer errors and costs over competitors.\nI don't want this explanation to get too technical for those not familiar with databases, storage or how the cloud works, so for those that want a more technical explanation of Snowflake's architecture, they can read Snowflake's documentation. or read a Snowflake Presentation titled \"A Detailed View Inside Snowflake\".\nC3 AI and Snowflake Partner\nBefore going through earnings, I wanted to highlight some very recent news of a new collaboration between C3.ai (NYSE:AI) and Snowflake. C3 AI is an enterprise AI software provider that provides a suite that provides comprehensive services to build enterprise-scale AI applications more efficiently and cost-effectively than alternative approaches.\nThis partnership will give companies that currently use Snowflake access to the C3 AI® Suite and pre-built C3 AI applications that include a range of industries and enterprise AI use cases, including AI-based CRM, predictive maintenance, supply network optimization, and fraud detection.\n\n C3.ai's chief product officer, Houman Behzadi, said the partnership \"will create significant time and operational efficiencies for Snowflake's customers and solidify Snowflake as the operational data platform of choice for enterprise AI applications.\"\n\n\n Source: C3.ai's chief product officer, Houman Behzadi -ZDNet\n\nSnowflake Q1 FY 2022 Earnings\nSnowflake's Q1 FY 2022 remaining performance obligations or RPO was $1.4 billion, representing 206% year-over-year growth. The RPO results reflected more multimillion-dollar relationships with particular strength in the telecom and technology sectors. Of the $1.4 billion in RPO, Snowflake expects approximately 54% to be recognized as revenue in the next 12 months.\nSnowflake defines RPO in its earnings press release as the amount of contracted future revenue that has not yet been recognized, including both deferred revenue and non-cancelable contracted amounts that will be invoiced and recognized as revenue in future periods.\nRPO excludes performance obligations from on-demand arrangements and certain time and materials contracts that are billed in arrears.RPO is not necessarily indicative of future product revenue growth because it does not account for the timing of customers’ consumption or their consumption of more than their contracted capacity.\nAt the end of Q1, Snowflake had 4,532 total customers. The total number reflects the addition of 393 net new customers in Q1, including three seven-figure new customers. Several of these customer wins might be recognizable names to investors that include Datadog (NASDAQ:DDOG) and Walgreens Boots Alliance (NASDAQ:WBA) and Equifax (NYSE:EFX).\nSnowflake management has stated that they have a strong interest in penetrating more of the largest enterprises globally because they provide the largest opportunity for account expansion. On that note, Snowflake now has 104 customers with trailing 12-month product revenue greater than $1 million, up from 77 last quarter. CFO Michael Scarpelli had some interesting things to say about Snowflake expanding with large customers that shows why the company's products are gaining fans among large enterprises\n\n When we expand within our largest customers, we typically replace more than one solution. In many cases, we replace on-premise and first-generation cloud solutions, and we address new workloads.\n Snowflake creates use cases that were previously impossible. This is what fuels our 168% net revenue retention rate, and we remain confident that our net revenue retention will stay above 160% for the fiscal year.\n\n\n Source: CFO Michael Scarpelli -Snowflake Q1 FY2022 Earnings Call\n\nSnowflake's net revenue retention rate of 168% is probably the best number in the SaaS world. Snowflake calculates their net retention number by first specifying a measurement period consisting of the trailing two years from the current period end. Next, Snowflake defines the measurement cohort as the population of customers under capacity contracts that used the platform at any point in the first month of the first year of the measurement period. The net revenue retention is then defined as the quotient obtained by dividing the product revenue from the cohort in the second year of the measurement period by the product revenue from this cohort in the first year of the measurement period.\nSo a net retention rate of 168% means that the customer cohort that spent $100 on average in the first year of the measurement period on the Snowflake platform is spending on average $168 in the second year of the measurement period.. Any customer in the cohort that did not use the platform in the second year remains in the calculation and simply contributes zero product revenue in the second year.\nSnowflake grew product and total revenues grew 110% year over year to $229 million. Product revenue grew to $214 million, reflecting strength in Snowflake consumption. Product revenue is a key metric for Snowflake because revenue is recognized based on platform consumption, which is inherently variable at the customers discretion, and not based on the amount and duration of contract terms. Professional services and other revenue was 15 million.\nData by YCharts\nAs explained in Snowflake's Q1 FY2022 earnings release, product revenue primarily includes compute, storage, and data transfer resources, which are consumed by customers on Snowflake's platform as a single, integrated offering. Snowflake customers have the ability to consume more than their contracted capacity during the contract term and may have the ability to roll over unused capacity to future periods, generally on the purchase of additional capacity at renewal.\nSnowflake's consumption-based business model distinguishes the company from subscription-based SaaS companies that generally recognize revenue ratably over the contract term and may not permit rollover of services. Because customers have flexibility in the timing of their consumption, which can exceed their contracted capacity or extend beyond the original contract term in many cases, Snowflake believes that the amount of product revenue recognized in a given period is an important indicator of customer satisfaction and the value derived from the platform.\nData by YCharts\nSnowflake's Cost of Sales was $97.35 million. Snowflake's overall Gross Profit rose 98.6% to $131.57 million. Overall Gross Margins were 57.47% and on a non-GAAP basis, Snowflake'sproductgross margin was 72%, up from 66% in the comparable quarter last year.\nFavorable cloud service agreements, growing scale across different regions and Snowflake's enterprise customer's success all contributed to steady product gross margin improvements. Management also indicated during the earnings call that in the long term, the product gross margin number could trend upward into the mid 70’s with the help of improved data storage economics. The recent changes to Snowflake’s storage representation of data have resulted in better data compression and reduced storage costs, which help the gross margin.\n\n And the way it [Data Compression] improves margin is because storage becomes more efficient. Storage is a smaller component of the overall mix of the revenue, and compute is the real value of our software that drives more margin. And I will say we did roll this out in April, and you do see some of that coming into an impact on last quarter. But we did say at our IPO, if you remember, we thought we could get to the mid-70s [in product gross margins]. That might feel very good that we'll get to the mid-70s. It's going to take some time.\n\n\n Source: CFO Michael Scarpelli -Snowflake Q1 FY2022 Earnings Call\n\nData by YCharts\nTotal Operating Expenditures were $337.16 Million. Snowflake recorded an Operating Loss of $205.60 Million. Product Operating margin was negative 16%, benefiting from revenue outperformance.\nData by YCharts\nSnowflake recorded a net loss of $203.22 Million in Q1. Net loss per share attributable to common stockholders, basic and diluted was -$0.70.\nData by YCharts\nAdjusted free cash flow margin was 10% and was positively impacted by strong collections from Q4 bookings and operating margin outperformance. Adjusted free cash flow excludes the $10 million impact of net cash paid or received on both employee and employer payroll tax-related items on employee stock option transactions. Adjusted free cash flow is defined as free cash flow plus (minus) net cash paid (received) on payroll tax-related items on employee stock transactions.\nFree cash flow is defined as net cash provided by (used in) operating activities reduced by purchases of property and equipment and capitalized internal-use software development costs. Free cash flow was $2.48 million during Q1.\nData by YCharts\nIt is important to remember that Snowflake does experience free cash flow seasonality. In fiscal '21, Q1 and Q4 were the strongest free cash flow quarters, while Q2 was the weakest and this pattern is expected to continue in future periods.\nGuidance\nSnowflake Q2 FY2022 Guidance\nFY 2022 Full Year Guidance\nSource:Snowflake First Quarter of Fiscal 2022 Press Release\nBalance Sheet\nThe company’s balance sheet is healthy, with approximately $3.9 billion in cash, cash equivalents and short-term investments.\nData by YCharts\nTotal Current Liabilities are $777.00 Million. Quick ratio was 5.27. A good quick ratio is any number greater than 1.0. Snowflake has aDebt To Equity ratioof 0.04.\nData by YCharts\nSnowflake Investor Day\nSnowflake held an Investor Day on June 10th, in which the company revealed plans to reach $10 billion in product revenue by the end of 2028 (FY29), a big rise from fiscal 2021’s $554 million, with a long-term operating margin target of 10%.\nInvestors, however, seem to have wanted even more growth as the stock opened around 4% lower the next day. Some analysts like Patrick Colville of Deutsche Bank think guidance is conservative because it implies that Snowflake would only capture about 12% of the $86B data warehouse market estimated for FY29.\nThat all goes to show that there are already enormous growth expectations built into this stock because $10 billion in product revenue by the end of 2028 is a fairly ambitious goal.\nOne other interesting part of the presentation was that the CFO raised the total addressable market for Snowflake to $90 billion, up from the $81 billion used for the roadshow for the IPO.\nCompetitors\nIn addition to database warehouses Druid and Dremio, Snowflake's strongest competitors appear to be the big data warehouse systems from the major cloud players like Amazon's Redshift, Microsoft Azure's Synapse, and Google's Big Query.\nAmazon, Microsoft and Google are all choosing to compete against Snowflake's new ideas in database warehouses by using the time honored tactic of trying to copy as many of Snowflake's features as possible..\nThe advantage that Snowflake has over Amazon, Microsoft and Google in those companies trying to play copycat is that those database warehouses don't scale as well across different data sources (namely competing cloud storage services) and the major cloud players are not fully independent database warehouse providers, meaning that in the end, Amazon, Microsoft and Google are trying to lock customers in to as many of their bundled cloud services as possible. Snowflake doesn't care what cloud service a customer uses for services like storage, as Snowflake is truly neutral in the cloud wars, which is very desirable in a multi-cloud world.\nOf all the competitors, Google Big Query is currently the closest competitor to what Snowflake is doing as it also separates storage and compute. The biggest differences between Snowflake and BigQuery comes down to pricing and performance. Beth Kindig, in her article about Snowflake said this about Snowflake vs Big Query:\n\n When it comes to deciding between BigQuery and Snowflake, it can come down to what you do with the database due to pricing structure differences. For instance, Snowflake is a better choice for concurrent users and business intelligence. It’s also a great choice for data-as-a-service, where you might give client access to your data in the form of analytics. BigQuery is perhaps a better choice for ad hoc reporting, where you have occasional complex reports on a quarterly basis or recommendation models and machine learning that require high idle time. Again, these examples are mainly due to pricing structure.\n\n\n Source: Beth Kindig -Forbes article\n\nRisks\nSnowflake has significant valuation risk, even with the pullback in the stock price from its highs in December. For Snowflake to expand its valuation any further, it is going to require the company to continue posting outstanding growth numbers.\nSecondarily, Snowflake currently only offers their platform on the public clouds provided by AWS, Azure, and GCP, which are also some of the company's primary competitors. Currently, a substantial majority of Snowflake's business is run on the AWS public cloud.\nSo, while Snowflake has some competitive advantages over a cloud giant like AWS, there is a risk that AWS or one of the other cloud giants could use the control of their public cloud to embed innovations for competing offerings to Snowflake or bundle competing products together with other cloud services or leverage their public cloud customer relationships to exclude Snowflake from opportunities. The reason why this risk might not play out in the cloud giants favor is that it appears companies are favoring multi-cloud approaches and have little desire in being locked into only one cloud by a bundled product. That is where Snowflake's Switzerland neutral status in the cloud wars provides some protection but not total protection from this risk.\nOn another note, though, because the three major cloud players also provides much of the infrastructure for Snowflake's business model, in the future it is completely possible that Snowflake could face the risk of unfavorable pricing for the use of the underlying cloud infrastructure, which could hurt Snowflake's margins.\nSnowflake could also undergo pricing pressure on the services offered to customers, as a company like Amazon could do something like offer discount pricing for competing services to customers and that scenario could also threaten Snowflake's margins over the longer term. Amazon has been known to use that strategy in other areas of their business in the past.\nAnother risk is regulatory. Snowflake must comply with evolving privacy and other data related laws. The requirements for following those laws could be expensive and force the company to make adverse changes to the business, with failure to comply with such laws not being much of an option. Examples of these types of laws are General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA).\nValuation\n\n\n\nCompany\nMkt Cap\nPrice/Sales\nFree Cash Flow Margin %\nEV/Revenues (FWD)\nRevenue Growth (Y/Y) %\nGross Margins %\nRevenues\n\n\nSalesforce(CRM)\n$222.53B\n10.30\n51.27%\n8.1\n22.57%\n73.92%\n5.96B\n\n\nSnowflake (SNOW)\n$71.25B\n87.93\n1.09%\n60.4\n110.4%\n57.47%\n228.9M\n\n\nOkta (OKTA)\n$34.63B\n32.59\n20.99%\n27.6\n37.27%\n73.66%\n$251M\n\n\nMongoDB (MDB)\n$20.76B\n32.36\n5.28%\n26.8\n39.38%\n69.98%\n$181.7M\n\n\nTeradata (TDC)\n$5.23B\n2.76\n21.38%\n2.7\n13.13%\n62.53%\n491M\n\n\n\nTwo things are very obvious about the above company comparisons. One is that Snowflake, even with substantial pullback from its all time highs in December is very highly valued on a Price to Sales basis. Second, is that Snowflake was still growing triple digits in the latest quarter, which is pretty amazing.\nOn the other hand, investors were not impressed by the guidance given during earnings, nor were they impressed by Snowflake's long term projections given during their recent Investor Day. One thing is for sure, for investors to bid Snowflake's stock up further, the company will have to keep producingmind boggling growth numbers.\nThe following is based on 26 Wall Street analysts offering 12-month price targets for Snowflake in the last 3 months. The average price target is $292.12 with a high forecast of $515.00 and a low forecast of $240.60. The average price target represents a 21.41% from the last price of $240.60.\n\nConclusion\nSnowflake is a stock that has very high expectations built into the stock price. The latest earnings and guidance, plus the latest investor day were not enough to get investors excited about pushing the value of the stock much further than it is now.\nHowever, I think that with a company like Snowflake, one has to take a much longer view than simply looking at one quarter's metrics. I believe it is appropriate to take at least a five year view with this company to see that the future is likely very bright. I believe Snowflake is being very conservative with their long term projections given during Investor Day and if that should prove to be the case, we all might look back several years from now and see with the benefit of hindsight that the stock was actually undervalued.\nI believe that the idea of a Data Cloud and a Data Marketplace are very, very early in the product life cycle and that Snowflake is at the beginning of a strong run of customer and revenue growth over the next several years. Snowflake is a buy but only for veryaggressive investors because there is already a lot of growth embedded in Snowflake's valuation and if the company fails to produce that expected growth, then the stock could drop rapidly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834189809,"gmtCreate":1629779589401,"gmtModify":1676530128923,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583308661138564","authorIdStr":"3583308661138564"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/834189809","repostId":"1104413070","repostType":4,"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129418006,"gmtCreate":1624380704605,"gmtModify":1703835145285,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583308661138564","authorIdStr":"3583308661138564"},"themes":[],"htmlText":":o","listText":":o","text":":o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129418006","repostId":"1118580429","repostType":4,"repost":{"id":"1118580429","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":1624376537,"share":"https://ttm.financial/m/news/1118580429?lang=&edition=fundamental","pubTime":"2021-06-22 23:42","market":"us","language":"en","title":"Krispy Kreme eyes near $4 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1118580429","media":"Reuters","summary":"June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. init","content":"<p>June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. initial public offering, according to a regulatory filing on Tuesday, valuing the donut chain at nearly $4 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Krishna Chandra Eluri)</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>Krispy Kreme eyes near $4 bln valuation in U.S. 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\">\nKrispy Kreme eyes near $4 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-22 23:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. initial public offering, according to a regulatory filing on Tuesday, valuing the donut chain at nearly $4 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Krishna Chandra Eluri)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DNUT":"Krispy Kreme, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118580429","content_text":"June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. initial public offering, according to a regulatory filing on Tuesday, valuing the donut chain at nearly $4 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Krishna Chandra Eluri)","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165002223,"gmtCreate":1624078832062,"gmtModify":1703828422533,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583308661138564","authorIdStr":"3583308661138564"},"themes":[],"htmlText":":(","listText":":(","text":":(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165002223","repostId":"1166679093","repostType":4,"repost":{"id":"1166679093","pubTimestamp":1624065234,"share":"https://ttm.financial/m/news/1166679093?lang=&edition=fundamental","pubTime":"2021-06-19 09:13","market":"us","language":"en","title":"3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166679093","media":"fool","summary":"Meme stocks have been all the rage so far this year. That's understandable, with several of them del","content":"<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.</p>\n<p>However, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.</p>\n<p>AMC Entertainment</p>\n<p><b>AMC Entertainment</b>(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.</p>\n<p>The consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.</p>\n<p>But isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.</p>\n<p>However, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.</p>\n<p>Clover Health Investments</p>\n<p>Only a few days ago, it looked like <b>Clover Health Investments</b>(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.</p>\n<p>Since the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.</p>\n<p>Clover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.</p>\n<p>Still, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.</p>\n<p>Sundial Growers</p>\n<p>At one point earlier this year, <b>Sundial Growers</b>(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.</p>\n<p>Analysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.</p>\n<p>There certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.</p>\n<p>Sundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.</p>\n<p>However, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the <b>Nasdaq</b> stock exchange.</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>3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:13 GMT+8 <a href=https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp","AMC":"AMC院线","SNDL":"SNDL Inc."},"source_url":"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166679093","content_text":"Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.\nAMC Entertainment\nAMC Entertainment(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.\nThe consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.\nBut isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.\nHowever, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.\nClover Health Investments\nOnly a few days ago, it looked like Clover Health Investments(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.\nSince the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.\nClover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.\nStill, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.\nSundial Growers\nAt one point earlier this year, Sundial Growers(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.\nAnalysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.\nThere certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.\nSundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.\nHowever, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the Nasdaq stock exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166112973,"gmtCreate":1623996232992,"gmtModify":1703826082518,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583308661138564","authorIdStr":"3583308661138564"},"themes":[],"htmlText":":o","listText":":o","text":":o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166112973","repostId":"2144742421","repostType":4,"repost":{"id":"2144742421","pubTimestamp":1623984606,"share":"https://ttm.financial/m/news/2144742421?lang=&edition=fundamental","pubTime":"2021-06-18 10:50","market":"us","language":"en","title":"1 Robinhood Stock That Could Crush Dogecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=2144742421","media":"Motley Fool","summary":"The future looks bright for this tech company.","content":"<p>Aside from their popularity on Robinhood, <b>Dogecoin</b> (CRYPTO:DOGE) and <b>Palantir Technologies</b> (NYSE:PLTR) have <a href=\"https://laohu8.com/S/AONE\">one</a> more thing in common: Both received their names in rather amusing ways.</p>\n<p>Jackson Palmer came up with Dogecoin while switching between two browser tabs: <a href=\"https://laohu8.com/S/AONE.U\">one</a> an article about the Doge meme, the other a popular cryptocurrency site. Similarly, Palantir takes its name from an indestructible, far-seeing crystal ball in <i>The Lord of the Rings</i>.</p>\n<p>While both have humorous origin stories, only one looks like a good long-term investment -- and it's not Dogecoin. Here's why.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4876c80a850ed8ca69b70c4830a75de3\" tg-width=\"700\" tg-height=\"466\"><span>The mascot of Dogecoin. Image source: Getty Images.</span></p>\n<h2>Dogecoin</h2>\n<p>Dogecoin has captivated investors, and it's easy to understand why. Almost overnight, this meme currency became a millionaire-maker -- its value has rocketed 5,600% since January. Even so, there is nothing special about Dogecoin, and no logical reason for its soaring price.</p>\n<p>It isn't the most valuable cryptocurrency, like <b>Bitcoin </b>(CRYPTO: BTC); it doesn't offer instant transactions like <b>Oxen </b>does;, and it doesn't support smart contracts and decentralized financial (DeFi) services, like <b>Ethereum</b> (CRYPTO:ETH) does. Moreover, even if all those problems vanished, the meme currency would still have a scalability problem.</p>\n<p>The Dogecoin blockchain currently handles 0.31 transactions per second (TPS). By comparison, <b><a href=\"https://laohu8.com/S/V\">Visa</a></b>'s network can support up to 65,000 TPS, and cryptocurrencies like <b>Cardano</b> can theoretically handle up to 1 million TPS.</p>\n<p>Put simply, the only remarkable thing about Dogecoin is the level of support it's garnered on social platforms like Reddit and <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>. But popularity alone is not a good reason to invest. So if you're looking to buy a lottery ticket, Dogecoin is a good choice. But if you're trying to build wealth over the long term, I would look elsewhere.</p>\n<h2>Palantir</h2>\n<p>Palantir specializes in big data analytics. In 2003, the company got its start building software for the U.S. intelligence community. Specifically, its platform was used to connect siloed data sets across the CIA and FBI, allowing government agents to work more efficiently.</p>\n<p>But private firms use Palantir, too. In 2005, its analytics tools were used to sift through troves of data during the Bernie Madoff investigation. Ultimately, Palantir played a crucial role in his conviction for securities fraud.</p>\n<p>More recently, Palantir partnered with robotics specialist Sarcos. Its software will help the company build mechanized suits for military and industrial workers. If you're picturing <i>Iron Man</i>, that's pretty accurate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/311e6e26f35fba3ceebfdc31e63e6b36\" tg-width=\"700\" tg-height=\"413\"><span>Image source: Getty Images.</span></p>\n<p>While the company's history is interesting, it also gives Palantir an advantage over virtually every competitor. Case in point: Data privacy is of crucial importance in any application, but that's especially true with classified government intelligence. If Palantir's platform met the security standards of the CIA and FBI, it should be good enough for almost anyone.</p>\n<p>In the first quarter, Palantir delivered strong results. Revenue popped 49% to $341 million, driven by strong traction with both commercial and government clients in the United States. Gross margin jumped 600 basis points to 78%, underscoring its potential profitability.</p>\n<p>That being said, Palantir is not currently profitable according to generally accepted accounting principles (GAAP). But the company did generate positive free cash flow of $116 million in the first quarter, a significant improvement over the $290 million it burned in the prior-year period.</p>\n<p>Looking ahead, Palantir's growing ecosystem of independent software vendors, cloud service providers, and systems integrators should help the company win new contracts in both the government and commercial sectors. Global digitization should be a tailwind: As enterprises look to differentiate themselves, the ability to draw insights from proprietary data should become more important, and that should drive demand for Palantir's software.</p>\n<p>Given these catalysts, management is forecasting revenue growth of at least 30% per year through 2025. However, given the company's performance in recent quarters, that's probably a lowball estimate. Regardless, I think Palantir will be worth twice what it is today by 2025, but I can't say the same for Dogecoin.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>1 Robinhood Stock That Could Crush Dogecoin</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\">\n1 Robinhood Stock That Could Crush Dogecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 10:50 GMT+8 <a href=https://www.fool.com/investing/2021/06/17/1-robinhood-stock-that-could-crush-dogecoin/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aside from their popularity on Robinhood, Dogecoin (CRYPTO:DOGE) and Palantir Technologies (NYSE:PLTR) have one more thing in common: Both received their names in rather amusing ways.\nJackson Palmer ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/17/1-robinhood-stock-that-could-crush-dogecoin/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2021/06/17/1-robinhood-stock-that-could-crush-dogecoin/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144742421","content_text":"Aside from their popularity on Robinhood, Dogecoin (CRYPTO:DOGE) and Palantir Technologies (NYSE:PLTR) have one more thing in common: Both received their names in rather amusing ways.\nJackson Palmer came up with Dogecoin while switching between two browser tabs: one an article about the Doge meme, the other a popular cryptocurrency site. Similarly, Palantir takes its name from an indestructible, far-seeing crystal ball in The Lord of the Rings.\nWhile both have humorous origin stories, only one looks like a good long-term investment -- and it's not Dogecoin. Here's why.\nThe mascot of Dogecoin. Image source: Getty Images.\nDogecoin\nDogecoin has captivated investors, and it's easy to understand why. Almost overnight, this meme currency became a millionaire-maker -- its value has rocketed 5,600% since January. Even so, there is nothing special about Dogecoin, and no logical reason for its soaring price.\nIt isn't the most valuable cryptocurrency, like Bitcoin (CRYPTO: BTC); it doesn't offer instant transactions like Oxen does;, and it doesn't support smart contracts and decentralized financial (DeFi) services, like Ethereum (CRYPTO:ETH) does. Moreover, even if all those problems vanished, the meme currency would still have a scalability problem.\nThe Dogecoin blockchain currently handles 0.31 transactions per second (TPS). By comparison, Visa's network can support up to 65,000 TPS, and cryptocurrencies like Cardano can theoretically handle up to 1 million TPS.\nPut simply, the only remarkable thing about Dogecoin is the level of support it's garnered on social platforms like Reddit and Twitter. But popularity alone is not a good reason to invest. So if you're looking to buy a lottery ticket, Dogecoin is a good choice. But if you're trying to build wealth over the long term, I would look elsewhere.\nPalantir\nPalantir specializes in big data analytics. In 2003, the company got its start building software for the U.S. intelligence community. Specifically, its platform was used to connect siloed data sets across the CIA and FBI, allowing government agents to work more efficiently.\nBut private firms use Palantir, too. In 2005, its analytics tools were used to sift through troves of data during the Bernie Madoff investigation. Ultimately, Palantir played a crucial role in his conviction for securities fraud.\nMore recently, Palantir partnered with robotics specialist Sarcos. Its software will help the company build mechanized suits for military and industrial workers. If you're picturing Iron Man, that's pretty accurate.\nImage source: Getty Images.\nWhile the company's history is interesting, it also gives Palantir an advantage over virtually every competitor. Case in point: Data privacy is of crucial importance in any application, but that's especially true with classified government intelligence. If Palantir's platform met the security standards of the CIA and FBI, it should be good enough for almost anyone.\nIn the first quarter, Palantir delivered strong results. Revenue popped 49% to $341 million, driven by strong traction with both commercial and government clients in the United States. Gross margin jumped 600 basis points to 78%, underscoring its potential profitability.\nThat being said, Palantir is not currently profitable according to generally accepted accounting principles (GAAP). But the company did generate positive free cash flow of $116 million in the first quarter, a significant improvement over the $290 million it burned in the prior-year period.\nLooking ahead, Palantir's growing ecosystem of independent software vendors, cloud service providers, and systems integrators should help the company win new contracts in both the government and commercial sectors. Global digitization should be a tailwind: As enterprises look to differentiate themselves, the ability to draw insights from proprietary data should become more important, and that should drive demand for Palantir's software.\nGiven these catalysts, management is forecasting revenue growth of at least 30% per year through 2025. However, given the company's performance in recent quarters, that's probably a lowball estimate. Regardless, I think Palantir will be worth twice what it is today by 2025, but I can't say the same for Dogecoin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186631071,"gmtCreate":1623490092793,"gmtModify":1704205029600,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583308661138564","authorIdStr":"3583308661138564"},"themes":[],"htmlText":"F","listText":"F","text":"F","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/186631071","repostId":"2142204074","repostType":4,"repost":{"id":"2142204074","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":1623441637,"share":"https://ttm.financial/m/news/2142204074?lang=&edition=fundamental","pubTime":"2021-06-12 04:00","market":"us","language":"en","title":"S&P ekes out gains to close languid week","url":"https://stock-news.laohu8.com/highlight/detail?id=2142204074","media":"Reuters","summary":"NEW YORK, June 11 - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th","content":"<p>NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</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 ekes out gains to close languid 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\">\nS&P ekes out gains to close languid week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-12 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","QID":"纳指两倍做空ETF","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","SQQQ":"纳指三倍做空ETF","DJX":"1/100道琼斯","OEF":"标普100指数ETF-iShares","DXD":"道指两倍做空ETF","QLD":"纳指两倍做多ETF","IVV":"标普500指数ETF","TQQQ":"纳指三倍做多ETF","SDOW":"道指三倍做空ETF-ProShares","PSQ":"纳指反向ETF","DDM":"道指两倍做多ETF","SDS":"两倍做空标普500ETF","UDOW":"道指三倍做多ETF-ProShares","QQQ":"纳指100ETF","UPRO":"三倍做多标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF",".SPX":"S&P 500 Index","OEX":"标普100"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142204074","content_text":"NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.\nEconomically sensitive smallcaps and transports notched solid gains, outperforming the broader market.\nFor the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.\nBut the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.\n\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"\n\"So, investors are going to wait until earnings season.\"\nThe Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.\nInvestors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.\n\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.\nBenchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.\nThe Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's\nAlzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.\nBiogen shares, along with the broader healthcare sector ended the session lower.\nUnofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.\nAmong the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.\nMuch of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.\nBut meme stock moves were more muted on Friday, with AMC Entertainment outperforming.\n(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193337794,"gmtCreate":1620755209218,"gmtModify":1704347912640,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583308661138564","authorIdStr":"3583308661138564"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193337794","repostId":"1199341916","repostType":4,"repost":{"id":"1199341916","pubTimestamp":1620736561,"share":"https://ttm.financial/m/news/1199341916?lang=&edition=fundamental","pubTime":"2021-05-11 20:36","market":"us","language":"en","title":"If Everyone Sees It, Is It Still A Bubble?","url":"https://stock-news.laohu8.com/highlight/detail?id=1199341916","media":"zerohedge","summary":"As Mark Hulbert noted recently, “everyone” is worrying about a “bubble” in the stock market. To wit:. “To appreciate how widespread current concern about a bubble is, consider the accompanying chart of data from Google Trends. It plots the relative frequency of Google searches based on the term ‘stock market bubble.’ Notice that this frequency has recently jumped to a far-higher level than at any other point over the last five years.”“My confidence is rising quite rapidly that this is, in fact, ","content":"<p><b><i>\"If everyone sees it, is it still a bubble?”</i></b>That was a great question I got over the weekend. As a <i>“contrarian”</i> investor, it is usually when <i>“everyone”</i> is talking about an event; it doesn’t happen.</p>\n<p>As <b><i>Mark Hulbert noted recently</i></b>, <i>“everyone”</i> is worrying about a<i> “bubble”</i> in the stock market. To wit:</p>\n<p><i>“To appreciate how widespread current concern about a bubble is, consider the accompanying chart of data from Google Trends. It plots the relative frequency of Google searches based on the term ‘stock market bubble.’ Notice that this frequency has recently jumped to a far-higher level than at any other point over the last five years.”</i></p>\n<p><img src=\"https://static.tigerbbs.com/7a2a152e3037789e73c80d5c89bf4141\" tg-width=\"500\" tg-height=\"337\" referrerpolicy=\"no-referrer\"><b>What Is A Bubble?</b></p>\n<blockquote>\n <b><i>“My confidence is rising quite rapidly that this is, in fact, becoming the fourth ‘real McCoy’ bubble of my investment career.</i></b>\n <i>The great bubbles can go on a long time and inflict a lot of pain, but at least I think we know now that we’re in one.”</i>\n <b><i> –</i></b>\n <i>Jeremy Grantham</i>\n</blockquote>\n<p>What is the definition of a bubble? According to <i>Investopedia:</i></p>\n<blockquote>\n <i>“A bubble is a market cycle that is characterized by the rapid escalation of market value, particularly in the price of assets.</i>\n <i><b>Typically, what creates a bubble is a surge in asset prices driven by exuberant market behavior.</b></i>\n <i> During a bubble, assets typically trade at a price</i>\n <i><b>that greatly exceeds the asset’s intrinsic value. Rather, the price does not align with thefundamentals of the asset.</b></i>\n <i>“</i>\n</blockquote>\n<p>This definition is suitable for our discussion; there are three components of a <i>“bubble.”</i><i><b>The first two, price and valuation,</b></i> are readily dismissed during the inflation phase. Jeremy Grantham once produced the following chart of 40-years of price bubbles in the markets. During the inflation phase, each was readily dismissed under the guise <i>“this time is different.”</i></p>\n<p><img src=\"https://static.tigerbbs.com/367ada4ec5d5a7c35f8e670e0224fc6b\" tg-width=\"500\" tg-height=\"342\"></p>\n<p><b>We are interested in the</b><b><i>“third”</i></b><b> component of</b><b><i>“bubbles,”</i></b><b> which is investor psychology.</b></p>\n<p><b>A Bubble In Psychology</b></p>\n<p>As <i><b>Howard Marks previously noted:</b></i></p>\n<blockquote>\n <i>“It’s the swings of psychology that get people into the biggest trouble. Especially since investors’ emotions invariably swing in the wrong direction at the wrong time.</i>\n <i><b>When things are going well people become greedy and enthusiastic. When times are troubled, people become fearful and reticent. That’s just the wrong thing to do. It’s important to control fear and greed.”</b></i>\n</blockquote>\n<p>Currently, it’s difficult for investors to become any more enthusiastic about market returns. <i>(</i><i><b>The RIAPro Fear/Greed Index</b></i><i> compiles measures of equity allocation and market sentiment. The index level is</i><i><b>not a component</b></i><i> of the measure that runs from 0 to 100.</i><i><b>The current reading is 99.9, which is a historical record.)</b></i></p>\n<p><img src=\"https://static.tigerbbs.com/137bb4e88e92ca8b22df63ffc61e387c\" tg-width=\"500\" tg-height=\"334\"></p>\n<p>Such is an interesting juxtaposition. On the one hand, there is a rising recognition of a <i>“bubble,”</i> but investors are unwilling to reduce “equity risk” for <i>“fear of missing out or F.O.M.O.”</i>Such was a point noted explicitly by Mark:</p>\n<blockquote>\n <i><b>“Rather than responding by taking some chips off the table, however, many began freely admitting a bubble formed.</b></i>\n <i> They no longer tried to justify higher prices on fundamentals. Rather,</i>\n <i><b>they justified it instead in terms of the market’s momentum.</b></i>\n <i> Prices should keep going up as FOMO seduces more investors to jump on the bandwagon.”</i>\n</blockquote>\n<p>In other words, investors have fully adopted the <i>“Greater Fool Theory.”</i></p>\n<p>Okay, Boomer!</p>\n<p>I know. The discussion of <i>“valuations”</i> is an old-fashioned idea relegated to investors of an older era. Such was evident in the pushback on Charlie Munger’s comments about Bitcoin recently:</p>\n<blockquote>\n <i>“</i>\n <i><b>While Munger has never been a bitcoin advocate, his dislike crystalized into something close to hatred.</b></i>\n <i>Looking back over the past 52 weeks, the reason for Munger’s anger becomes apparent with Berkshire rising only 50.5% against bitcoin’s more than 500% gain.” – Coindesk</i>\n</blockquote>\n<p>In 1999, when Buffett spoke out against <i>“Dot.com”</i> stocks, he got dismissed with a similar ire of <b><i>“investing with Warren Buffett is like driving ‘Dad’s old Pontiac.'”</i></b></p>\n<p>Today, young investors are not interested in the <i>“pearls of wisdom”</i> from experienced investors. Today, they are <i>“out of touch,”</i> with the market’s<i> “new reality.”</i></p>\n<blockquote>\n <i><b>“The big benefit of TikTok is it allows users to dole out and obtain information in short, easily digestible video bites, also called TikToks.</b></i>\n <i> And that can make unfamiliar, complex topics, such as personal finance and investing, more palatable to a younger audience.That advice runs the gamut, from general information about home buying or retirement savings to specific stock picks and investment ideas.</i>\n <i><b>Rob Shields, a 22-year-old, self-taught options trader who has more than 163,000 followers on TikTok, posts TikToks under the username stock_genius on topics such as popular stocks to watch, how to find good stocks, and basic trading strategies.” – WSJ:</b></i>\n</blockquote>\n<p><b>Of course, the problem with information doled out by 22-year olds is they were 10-year olds during the last</b><i><b>“bear market.”</b></i>Given the lack of experience of investing during such a market, as opposed to Warren Buffett who has survived several, is the eventual destruction of capital.</p>\n<p><b>Plenty Of Analogies</b></p>\n<blockquote>\n <i><b>“There is no shortage of current analogies, of course. Take Dogecoin, created as a joke with no fundamental value.</b></i>\n <i> As a recent Wall Street Journal article outlined, the Dogecoin ‘serves no purpose and, unlike Bitcoin, faces no limit on the number of coins that exist.’</i>\n <i><b>Yet investors flock to it, for no other apparent reason than its sharp rise.</b></i>\n <i> Billy Markus, the co-creator of dogecoin, said to the Wall Street Journal, ‘This is absurd. I haven’t seen anything like it. It’s one of those things that once it starts going up, it might keep going up.’” – Mark Hulbert</i>\n</blockquote>\n<p>That exuberance shows up with professionals as well.<b> As of the end of April, the National Association Of Investment Managers asset allocation was 103%.</b></p>\n<p><img src=\"https://static.tigerbbs.com/c412f208aa700b3f7ccb35d3b7d4e923\" tg-width=\"500\" tg-height=\"328\"></p>\n<p>As Dana Lyons noted previously:</p>\n<blockquote>\n “\n <i>Regardless of the investment acumen of any group (we think it is very high among NAAIM members),</i>\n <i><b>once the collective investment opinion or posture becomes too one-sided, it can be an indication that some market action may be necessary to correct such consensus.</b></i>\n <i>“</i>\n</blockquote>\n<p><b>Give Me More</b></p>\n<p>Of course, margin debt, which is the epitome of “<i>speculative appetite,”</i> soared in recent months.</p>\n<p><img src=\"https://static.tigerbbs.com/e11b088ecdf04d5036b4f5bb2d67c13d\" tg-width=\"500\" tg-height=\"327\"></p>\n<p>As stated, <i>“bubbles are about psychology,”</i> which the annual rate of change of leverage shows.</p>\n<p><img src=\"https://static.tigerbbs.com/422c963018723e8986826a89a32883e5\" tg-width=\"500\" tg-height=\"327\"></p>\n<p>Another form of leverage that doesn’t show up in margin debt is ETF’s structured to multiply market returns. These funds have seen record inflows in recent months.</p>\n<p><img src=\"https://static.tigerbbs.com/4ac35f10215d5fcffec35e4e94c952bb\" tg-width=\"500\" tg-height=\"335\"></p>\n<p><b>With margin debt reaching levels not seen since the peak of the last cyclical bull market cycle, it should raise some concerns about sustainability.</b> It is NOT the level of leverage that is the problem as leverage increases buying power as markets are rising. <b>The unwinding of this leverage is critically dangerous in the market as the acceleration of</b><b><i>“margin calls”</i></b><b> leads to a vicious downward spiral.</b></p>\n<p>Importantly, this chart<b> does not meanthat a massive market correction is imminent. I</b>t does suggest that leverage, and speculative risk-taking, are likely much further advanced than currently recognized.</p>\n<p><b>Pushing Extremes</b></p>\n<p>Prices are ultimately affected by physics. Moving averages, trend lines, etc., all exert a gravitational pull on prices in both the short and long term. <b>Like a rubber band, when prices get stretched too far in one direction, they have always eventually</b><b><i>“reverted to the mean”</i></b><b> in the most brutal of manners.</b></p>\n<p>The chart below shows the long-term chart of the S&P 500 broken down by several measures: 2 and 3-standard deviations, valuations, relative strength, and deviations from the 3-year moving average. <b>It is worth noting that both standard deviations and distance from the 3-year moving average are at a record.</b></p>\n<p><b>During the last 120-years, overvaluation and extreme deviations NEVER got resolved by markets going sideways.</b></p>\n<p><img src=\"https://static.tigerbbs.com/4fc311c3fdd527fd911070f7dd841545\" tg-width=\"500\" tg-height=\"590\"></p>\n<p>The only missing ingredient for such a correction currently is simply a catalyst to put <i>“fear”</i> into an overly complacent marketplace. Anything from economic disruption, a credit-related crisis, or an unexpected exogenous shock could start the <i>“panic for the exits.”</i></p>\n<p><b>Conclusion</b></p>\n<p>There is more than adequate evidence a<i> “bubble”</i> exists in markets once again. However, as Mark noted in his commentary:</p>\n<blockquote>\n <i>‘I have no idea whether the stock market is actually forming a bubble that’s about to break.</i>\n <i><b>But I do know that many bulls are fooling themselves when they think a bubble can’t happen when there is such widespread concern. In fact, one of the distinguishing characteristics of a bubble is just that.”</b></i>\n</blockquote>\n<p>However, he concludes with the most important statement:</p>\n<blockquote>\n <i>“It’s important for all of us to be aware of this bubble psychology,</i>\n <i><b>but especially if you’re a retiree or a near-retiree. That’s because, in that case, your investment horizon is far shorter than for those who are younger.</b></i>\n <i>Therefore, you are less able to recover from the deflation of a market bubble.”</i>\n</blockquote>\n<p><b>Read that statement again.</b></p>\n<p>Millennials are quick to dismiss the <i>“Boomers”</i> in the financial markets today for <i>“not getting it.”</i></p>\n<p>No, we get it. We have just been around long enough to know how these things eventually end.</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>If Everyone Sees It, Is It Still A Bubble?</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\">\nIf Everyone Sees It, Is It Still A Bubble?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 20:36 GMT+8 <a href=https://www.zerohedge.com/markets/if-everyone-sees-it-it-still-bubble><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"If everyone sees it, is it still a bubble?”That was a great question I got over the weekend. As a “contrarian” investor, it is usually when “everyone” is talking about an event; it doesn’t happen.\nAs...</p>\n\n<a href=\"https://www.zerohedge.com/markets/if-everyone-sees-it-it-still-bubble\">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","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/if-everyone-sees-it-it-still-bubble","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199341916","content_text":"\"If everyone sees it, is it still a bubble?”That was a great question I got over the weekend. As a “contrarian” investor, it is usually when “everyone” is talking about an event; it doesn’t happen.\nAs Mark Hulbert noted recently, “everyone” is worrying about a “bubble” in the stock market. To wit:\n“To appreciate how widespread current concern about a bubble is, consider the accompanying chart of data from Google Trends. It plots the relative frequency of Google searches based on the term ‘stock market bubble.’ Notice that this frequency has recently jumped to a far-higher level than at any other point over the last five years.”\nWhat Is A Bubble?\n\n“My confidence is rising quite rapidly that this is, in fact, becoming the fourth ‘real McCoy’ bubble of my investment career.\nThe great bubbles can go on a long time and inflict a lot of pain, but at least I think we know now that we’re in one.”\n –\nJeremy Grantham\n\nWhat is the definition of a bubble? According to Investopedia:\n\n“A bubble is a market cycle that is characterized by the rapid escalation of market value, particularly in the price of assets.\nTypically, what creates a bubble is a surge in asset prices driven by exuberant market behavior.\n During a bubble, assets typically trade at a price\nthat greatly exceeds the asset’s intrinsic value. Rather, the price does not align with thefundamentals of the asset.\n“\n\nThis definition is suitable for our discussion; there are three components of a “bubble.”The first two, price and valuation, are readily dismissed during the inflation phase. Jeremy Grantham once produced the following chart of 40-years of price bubbles in the markets. During the inflation phase, each was readily dismissed under the guise “this time is different.”\n\nWe are interested in the“third” component of“bubbles,” which is investor psychology.\nA Bubble In Psychology\nAs Howard Marks previously noted:\n\n“It’s the swings of psychology that get people into the biggest trouble. Especially since investors’ emotions invariably swing in the wrong direction at the wrong time.\nWhen things are going well people become greedy and enthusiastic. When times are troubled, people become fearful and reticent. That’s just the wrong thing to do. It’s important to control fear and greed.”\n\nCurrently, it’s difficult for investors to become any more enthusiastic about market returns. (The RIAPro Fear/Greed Index compiles measures of equity allocation and market sentiment. The index level isnot a component of the measure that runs from 0 to 100.The current reading is 99.9, which is a historical record.)\n\nSuch is an interesting juxtaposition. On the one hand, there is a rising recognition of a “bubble,” but investors are unwilling to reduce “equity risk” for “fear of missing out or F.O.M.O.”Such was a point noted explicitly by Mark:\n\n“Rather than responding by taking some chips off the table, however, many began freely admitting a bubble formed.\n They no longer tried to justify higher prices on fundamentals. Rather,\nthey justified it instead in terms of the market’s momentum.\n Prices should keep going up as FOMO seduces more investors to jump on the bandwagon.”\n\nIn other words, investors have fully adopted the “Greater Fool Theory.”\nOkay, Boomer!\nI know. The discussion of “valuations” is an old-fashioned idea relegated to investors of an older era. Such was evident in the pushback on Charlie Munger’s comments about Bitcoin recently:\n\n“\nWhile Munger has never been a bitcoin advocate, his dislike crystalized into something close to hatred.\nLooking back over the past 52 weeks, the reason for Munger’s anger becomes apparent with Berkshire rising only 50.5% against bitcoin’s more than 500% gain.” – Coindesk\n\nIn 1999, when Buffett spoke out against “Dot.com” stocks, he got dismissed with a similar ire of “investing with Warren Buffett is like driving ‘Dad’s old Pontiac.'”\nToday, young investors are not interested in the “pearls of wisdom” from experienced investors. Today, they are “out of touch,” with the market’s “new reality.”\n\n“The big benefit of TikTok is it allows users to dole out and obtain information in short, easily digestible video bites, also called TikToks.\n And that can make unfamiliar, complex topics, such as personal finance and investing, more palatable to a younger audience.That advice runs the gamut, from general information about home buying or retirement savings to specific stock picks and investment ideas.\nRob Shields, a 22-year-old, self-taught options trader who has more than 163,000 followers on TikTok, posts TikToks under the username stock_genius on topics such as popular stocks to watch, how to find good stocks, and basic trading strategies.” – WSJ:\n\nOf course, the problem with information doled out by 22-year olds is they were 10-year olds during the last“bear market.”Given the lack of experience of investing during such a market, as opposed to Warren Buffett who has survived several, is the eventual destruction of capital.\nPlenty Of Analogies\n\n“There is no shortage of current analogies, of course. Take Dogecoin, created as a joke with no fundamental value.\n As a recent Wall Street Journal article outlined, the Dogecoin ‘serves no purpose and, unlike Bitcoin, faces no limit on the number of coins that exist.’\nYet investors flock to it, for no other apparent reason than its sharp rise.\n Billy Markus, the co-creator of dogecoin, said to the Wall Street Journal, ‘This is absurd. I haven’t seen anything like it. It’s one of those things that once it starts going up, it might keep going up.’” – Mark Hulbert\n\nThat exuberance shows up with professionals as well. As of the end of April, the National Association Of Investment Managers asset allocation was 103%.\n\nAs Dana Lyons noted previously:\n\n “\n Regardless of the investment acumen of any group (we think it is very high among NAAIM members),\nonce the collective investment opinion or posture becomes too one-sided, it can be an indication that some market action may be necessary to correct such consensus.\n“\n\nGive Me More\nOf course, margin debt, which is the epitome of “speculative appetite,” soared in recent months.\n\nAs stated, “bubbles are about psychology,” which the annual rate of change of leverage shows.\n\nAnother form of leverage that doesn’t show up in margin debt is ETF’s structured to multiply market returns. These funds have seen record inflows in recent months.\n\nWith margin debt reaching levels not seen since the peak of the last cyclical bull market cycle, it should raise some concerns about sustainability. It is NOT the level of leverage that is the problem as leverage increases buying power as markets are rising. The unwinding of this leverage is critically dangerous in the market as the acceleration of“margin calls” leads to a vicious downward spiral.\nImportantly, this chart does not meanthat a massive market correction is imminent. It does suggest that leverage, and speculative risk-taking, are likely much further advanced than currently recognized.\nPushing Extremes\nPrices are ultimately affected by physics. Moving averages, trend lines, etc., all exert a gravitational pull on prices in both the short and long term. Like a rubber band, when prices get stretched too far in one direction, they have always eventually“reverted to the mean” in the most brutal of manners.\nThe chart below shows the long-term chart of the S&P 500 broken down by several measures: 2 and 3-standard deviations, valuations, relative strength, and deviations from the 3-year moving average. It is worth noting that both standard deviations and distance from the 3-year moving average are at a record.\nDuring the last 120-years, overvaluation and extreme deviations NEVER got resolved by markets going sideways.\n\nThe only missing ingredient for such a correction currently is simply a catalyst to put “fear” into an overly complacent marketplace. Anything from economic disruption, a credit-related crisis, or an unexpected exogenous shock could start the “panic for the exits.”\nConclusion\nThere is more than adequate evidence a “bubble” exists in markets once again. However, as Mark noted in his commentary:\n\n‘I have no idea whether the stock market is actually forming a bubble that’s about to break.\nBut I do know that many bulls are fooling themselves when they think a bubble can’t happen when there is such widespread concern. In fact, one of the distinguishing characteristics of a bubble is just that.”\n\nHowever, he concludes with the most important statement:\n\n“It’s important for all of us to be aware of this bubble psychology,\nbut especially if you’re a retiree or a near-retiree. That’s because, in that case, your investment horizon is far shorter than for those who are younger.\nTherefore, you are less able to recover from the deflation of a market bubble.”\n\nRead that statement again.\nMillennials are quick to dismiss the “Boomers” in the financial markets today for “not getting it.”\nNo, we get it. We have just been around long enough to know how these things eventually end.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193337266,"gmtCreate":1620755180055,"gmtModify":1704347911660,"author":{"id":"3583308661138564","authorId":"3583308661138564","name":"POOP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583308661138564","authorIdStr":"3583308661138564"},"themes":[],"htmlText":"Wow simi//<a href=\"https://laohu8.com/U/3574931303509491\">@RodericK</a>: Wow","listText":"Wow simi//<a href=\"https://laohu8.com/U/3574931303509491\">@RodericK</a>: Wow","text":"Wow simi//@RodericK: Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193337266","repostId":"1122180672","repostType":4,"repost":{"id":"1122180672","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614697099,"share":"https://ttm.financial/m/news/1122180672?lang=&edition=fundamental","pubTime":"2021-03-02 22:58","market":"us","language":"en","title":"NIO plunged more than 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1122180672","media":"老虎资讯综合","summary":"(March 2) NIO Inc. reported a wider-than-expected loss for its fourth quarter, but issued strong re","content":"<p>(March 2) <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p></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>NIO plunged more than 7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO plunged more than 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-02 22:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 2) <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.</p><p>NIO plunged more than 7%.<img src=\"https://static.tigerbbs.com/b37a09b32e73be5620e2ffca84d7c7a8\" tg-width=\"1085\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122180672","content_text":"(March 2) NIO Inc. reported a wider-than-expected loss for its fourth quarter, but issued strong revenue guidance for the first quarter. The EV maker also announced a month-over-month drop in deliveries for February.NIO plunged more than 7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}