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2022-08-23

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3 Things You Should Know About the Tesla Stock Split

2022-08-22

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@华商韬略:他，可能是中國最神叨的世界500強董事長

2022-08-22

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Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders

2022-08-21

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No, There Is No New Short-Selling Champion in Tesla Stock

2022-08-21

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Sorry, the original content has been removed

2022-08-20

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3 Layoff Stocks That You Might Not Want to Lay Off From Buying Right Now

2022-08-19

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Pre-Bell｜Dow Futures Slid Over 280 Points; Bed Bath & Beyond Plunged 42.7%

2022-08-18

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Fed Officials Saw Need to Slow Rate-Hike Pace “At Some Point”

2022-08-16

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This Stock Rally Has More Legs, Could Extend Until Year End - JPMorgan

2022-08-15

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@经济观察报:破產重整方案未通過，洛娃集團走向破產終局

2022-08-15

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@白洞计划:七十年前的科研先輩，會夢見今天的數字中國嗎？

2022-08-15

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Disney Has a Long Way to Go to Catch Up to Netflix

2022-08-14

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Alibaba Stock: Follow Masayoshi Son, Not Charlie Munger

2022-08-13

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Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231

2022-08-12

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US STOCKS-Nasdaq, S&P 500 Retreat As Rate Hike Fears Cool Stock Rally

2022-08-11

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Alibaba: More Bad News

2022-08-10

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Elon Musk Sells 7.92 Million Tesla Shares Worth $6.9 Billion - SEC Filing

2022-08-09

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@节点财经:圍繞人的管理，飛書開啓新一輪升級

2022-08-09

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@新芒X:場景實驗室x場景品牌：三翼鳥正在替代產品帶動增長

2022-08-09

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Vanguard High Dividend Yield ETF: The Best Offense Is Defense

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How will that impact your portfolio and taxes?","content":"<html><head></head><body><p><b>Tesla</b>&#39;s 3-for-1 stock split proposal won shareholder approval at the 2022 annual shareholders&#39; meeting this month. Now, the electric vehicle maker is gearing up for its second stock split after close of trading on Aug. 24. Shareholders of record on Aug. 17 will receive a stock dividend of two extra shares for every one share they currently own.</p><p>If you&#39;ve been wondering how stock splits work and what will happen to your Tesla shares, here are three quick items to jot down.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/442bd00ec553e9dc5ae35b44257799f8\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>1. You&#39;ll have more Tesla shares after the stock split</h2><p>A stock split increases the number of shares outstanding, giving investors more shares in their account for every one share they previously owned.</p><p>After a stock split, the value of each share will be reduced to a lower price. This makes it easy for more retail investors to get their hands on a whole share of stock, because the stock price appears more affordable. If you&#39;re already an investor, your shares will be split into bite-sized pieces, but the total value of your shares will not increase.</p><p>Let&#39;s say you have one share of Tesla&#39;s stock. On the day of the 3-for-1 stock split, the company will grant you two additional shares. Each share in your portfolio would be valued at one-third the price of the original share. If one Tesla share is trading at $900 before the stock split, you&#39;ll have three Tesla shares valued at $300 each after the stock split. As you can see, the total value of your shares is still $900.</p><p>Here&#39;s how many shares you will have after the stock split based on the number of shares you have on record as of Aug. 17. All you have to do is look at the number of shares you have now, and multiply the total by three. That&#39;s how many shares you&#39;ll have after a stock split.</p><ul><li>1 share of Tesla stock = 3 shares</li><li>2 shares of Tesla stock = 6 shares</li><li>3 shares of Tesla stock = 9 shares</li><li>4 shares of Tesla stock = 12 shares</li><li>5 shares of Tesla stock = 15 shares</li></ul><h2>2. You won&#39;t have to report the stock split itself on your tax return</h2><p>A stock split doesn&#39;t increase a company&#39;s market capitalization or increase the value of your shares. You may have more shares in your account, but the original value of your shares remains the same. Therefore, a stock split in itself is not considered a taxable event. There are no IRS reporting requirements you need to adhere to during tax time.</p><h2>3. You may have to pay taxes if you sell your extra Tesla shares</h2><p>Although a stock split in itself is not taxable, selling stock for a profit after a stock split can lead to taxes. This is the case if you sell stock in a taxable brokerage account. Earning money in the stock market leads to capital gains taxes. You will be taxed at the short-term or long-term capital gains tax rate, depending on how long you had your Tesla stock before selling it. Your brokerage firm will send you the details of your transaction, so you can properly report the sale to the IRS during tax time.</p><p>Stock splits can be exciting and pain-free in the eyes of the investor. You wake up to more shares in your account after a stock split, and you don&#39;t have to worry about any tax obligations. But as soon as you decide to sell, you&#39;ll need to report your moves to the IRS. Before you make a move after a stock split, pay attention to the impact it will have on your portfolio and taxes, so you won&#39;t be surprised later.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Things You Should Know About the Tesla Stock Split</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 Things You Should Know About the Tesla Stock Split\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-23 22:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/22/3-things-you-should-know-about-the-tesla-stock-spl/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla's 3-for-1 stock split proposal won shareholder approval at the 2022 annual shareholders' meeting this month. Now, the electric vehicle maker is gearing up for its second stock split after close ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/22/3-things-you-should-know-about-the-tesla-stock-spl/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2022/08/22/3-things-you-should-know-about-the-tesla-stock-spl/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261819523","content_text":"Tesla's 3-for-1 stock split proposal won shareholder approval at the 2022 annual shareholders' meeting this month. Now, the electric vehicle maker is gearing up for its second stock split after close of trading on Aug. 24. Shareholders of record on Aug. 17 will receive a stock dividend of two extra shares for every one share they currently own.If you've been wondering how stock splits work and what will happen to your Tesla shares, here are three quick items to jot down.Image source: Getty Images.1. You'll have more Tesla shares after the stock splitA stock split increases the number of shares outstanding, giving investors more shares in their account for every one share they previously owned.After a stock split, the value of each share will be reduced to a lower price. This makes it easy for more retail investors to get their hands on a whole share of stock, because the stock price appears more affordable. If you're already an investor, your shares will be split into bite-sized pieces, but the total value of your shares will not increase.Let's say you have one share of Tesla's stock. On the day of the 3-for-1 stock split, the company will grant you two additional shares. Each share in your portfolio would be valued at one-third the price of the original share. If one Tesla share is trading at $900 before the stock split, you'll have three Tesla shares valued at $300 each after the stock split. As you can see, the total value of your shares is still $900.Here's how many shares you will have after the stock split based on the number of shares you have on record as of Aug. 17. All you have to do is look at the number of shares you have now, and multiply the total by three. That's how many shares you'll have after a stock split.1 share of Tesla stock = 3 shares2 shares of Tesla stock = 6 shares3 shares of Tesla stock = 9 shares4 shares of Tesla stock = 12 shares5 shares of Tesla stock = 15 shares2. You won't have to report the stock split itself on your tax returnA stock split doesn't increase a company's market capitalization or increase the value of your shares. You may have more shares in your account, but the original value of your shares remains the same. Therefore, a stock split in itself is not considered a taxable event. There are no IRS reporting requirements you need to adhere to during tax time.3. You may have to pay taxes if you sell your extra Tesla sharesAlthough a stock split in itself is not taxable, selling stock for a profit after a stock split can lead to taxes. This is the case if you sell stock in a taxable brokerage account. Earning money in the stock market leads to capital gains taxes. You will be taxed at the short-term or long-term capital gains tax rate, depending on how long you had your Tesla stock before selling it. Your brokerage firm will send you the details of your transaction, so you can properly report the sale to the IRS during tax time.Stock splits can be exciting and pain-free in the eyes of the investor. You wake up to more shares in your account after a stock split, and you don't have to worry about any tax obligations. But as soon as you decide to sell, you'll need to report your moves to the IRS. Before you make a move after a stock split, pay attention to the impact it will have on your portfolio and taxes, so you won't be surprised later.","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996266323,"gmtCreate":1661177124564,"gmtModify":1676536467658,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996266323","repostId":"687541538","repostType":1,"repost":{"id":687541538,"gmtCreate":1661175695238,"gmtModify":1676536761761,"author":{"id":"3524105760314666","authorId":"3524105760314666","name":"华商韬略","avatar":"https://static.tigerbbs.com/fbcbbcdfdd125576e4d9038a38b0dc86","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"他，可能是中國最神叨的世界500強董事長","htmlText":"率先出擊，巧妙作文章。文丨華商韜略 劉柏鋮2013年，李楚源升任廣藥集團董事長。剛一上任，他就放出豪言：到2020年，廣藥集團要躋身世界500強。2021年，他的宏願實現了。但很多人卻越來越看不懂廣藥。【板藍根神話】中國最大製藥企業、中國最大中成藥生產基地、全球第一個以中醫藥爲主業進入《財富》世界500強的企業……這些都是李楚源作爲廣藥集團董事長的光輝業績。但他的厲害，早在當董事長之前就開始了。也正是因爲能力出衆，他才被委以廣藥集團掌舵人的重任。這是一個從板藍根開始的逆襲故事。上世紀九十年代，如今作爲廣藥集團核心企業的廣州白雲山製藥廠，還未正式和廣州藥業重組整合爲廣藥集團，並且處於巨大的挑戰中。1997、1998年，白雲山連續兩年虧損，其中1998年虧損高達8.19億元。以至於當時的投資者怒懟：“全公司的人即使一年啥事不幹，也不至於虧這麼多。”危急之下，白雲山開始大刀闊斧的改革，甚至提出了“不交票子，就交帽子”的口號。畢業於中山大學化學系，畢業後即入職白雲山，當時已是總經理助理的李楚源，也在1999年臨危受命，成了白雲山旗下白雲山中藥廠總經理。彼時的白雲山中藥廠已經連續五年虧損，科研幾乎停頓，但李楚源上任當年就創造了一個奇蹟：年利潤1611萬元。白雲山中藥廠的核心產品之一板藍根，正是李楚源力挽狂瀾的第一仗，而且讓他不斷從勝利走向勝利。2000年，流行性感冒席捲歐洲，化學藥劑效果不佳，國際世衛組織遍尋良藥，中國的一批中成藥，也被納入了觀察範圍，作爲中國人感冒常用藥的板藍根，很快便憑藉普適性，成爲了國際世衛組織的推薦用藥。對於正努力振作藥廠的李楚源來說，這真是個送上門來的機會。藉着世衛組織的背書，李楚源開始將板藍根推向海外。但這個成功的重要意義，還不在於開拓了多少市場。在“世衛推薦＋海外使用”的效應下，白雲山成功地讓國內公衆記住了自己。很快，李楚源的第二個機會來了。中國藥監局的","listText":"率先出擊，巧妙作文章。文丨華商韜略 劉柏鋮2013年，李楚源升任廣藥集團董事長。剛一上任，他就放出豪言：到2020年，廣藥集團要躋身世界500強。2021年，他的宏願實現了。但很多人卻越來越看不懂廣藥。【板藍根神話】中國最大製藥企業、中國最大中成藥生產基地、全球第一個以中醫藥爲主業進入《財富》世界500強的企業……這些都是李楚源作爲廣藥集團董事長的光輝業績。但他的厲害，早在當董事長之前就開始了。也正是因爲能力出衆，他才被委以廣藥集團掌舵人的重任。這是一個從板藍根開始的逆襲故事。上世紀九十年代，如今作爲廣藥集團核心企業的廣州白雲山製藥廠，還未正式和廣州藥業重組整合爲廣藥集團，並且處於巨大的挑戰中。1997、1998年，白雲山連續兩年虧損，其中1998年虧損高達8.19億元。以至於當時的投資者怒懟：“全公司的人即使一年啥事不幹，也不至於虧這麼多。”危急之下，白雲山開始大刀闊斧的改革，甚至提出了“不交票子，就交帽子”的口號。畢業於中山大學化學系，畢業後即入職白雲山，當時已是總經理助理的李楚源，也在1999年臨危受命，成了白雲山旗下白雲山中藥廠總經理。彼時的白雲山中藥廠已經連續五年虧損，科研幾乎停頓，但李楚源上任當年就創造了一個奇蹟：年利潤1611萬元。白雲山中藥廠的核心產品之一板藍根，正是李楚源力挽狂瀾的第一仗，而且讓他不斷從勝利走向勝利。2000年，流行性感冒席捲歐洲，化學藥劑效果不佳，國際世衛組織遍尋良藥，中國的一批中成藥，也被納入了觀察範圍，作爲中國人感冒常用藥的板藍根，很快便憑藉普適性，成爲了國際世衛組織的推薦用藥。對於正努力振作藥廠的李楚源來說，這真是個送上門來的機會。藉着世衛組織的背書，李楚源開始將板藍根推向海外。但這個成功的重要意義，還不在於開拓了多少市場。在“世衛推薦＋海外使用”的效應下，白雲山成功地讓國內公衆記住了自己。很快，李楚源的第二個機會來了。中國藥監局的","text":"率先出擊，巧妙作文章。文丨華商韜略 劉柏鋮2013年，李楚源升任廣藥集團董事長。剛一上任，他就放出豪言：到2020年，廣藥集團要躋身世界500強。2021年，他的宏願實現了。但很多人卻越來越看不懂廣藥。【板藍根神話】中國最大製藥企業、中國最大中成藥生產基地、全球第一個以中醫藥爲主業進入《財富》世界500強的企業……這些都是李楚源作爲廣藥集團董事長的光輝業績。但他的厲害，早在當董事長之前就開始了。也正是因爲能力出衆，他才被委以廣藥集團掌舵人的重任。這是一個從板藍根開始的逆襲故事。上世紀九十年代，如今作爲廣藥集團核心企業的廣州白雲山製藥廠，還未正式和廣州藥業重組整合爲廣藥集團，並且處於巨大的挑戰中。1997、1998年，白雲山連續兩年虧損，其中1998年虧損高達8.19億元。以至於當時的投資者怒懟：“全公司的人即使一年啥事不幹，也不至於虧這麼多。”危急之下，白雲山開始大刀闊斧的改革，甚至提出了“不交票子，就交帽子”的口號。畢業於中山大學化學系，畢業後即入職白雲山，當時已是總經理助理的李楚源，也在1999年臨危受命，成了白雲山旗下白雲山中藥廠總經理。彼時的白雲山中藥廠已經連續五年虧損，科研幾乎停頓，但李楚源上任當年就創造了一個奇蹟：年利潤1611萬元。白雲山中藥廠的核心產品之一板藍根，正是李楚源力挽狂瀾的第一仗，而且讓他不斷從勝利走向勝利。2000年，流行性感冒席捲歐洲，化學藥劑效果不佳，國際世衛組織遍尋良藥，中國的一批中成藥，也被納入了觀察範圍，作爲中國人感冒常用藥的板藍根，很快便憑藉普適性，成爲了國際世衛組織的推薦用藥。對於正努力振作藥廠的李楚源來說，這真是個送上門來的機會。藉着世衛組織的背書，李楚源開始將板藍根推向海外。但這個成功的重要意義，還不在於開拓了多少市場。在“世衛推薦＋海外使用”的效應下，白雲山成功地讓國內公衆記住了自己。很快，李楚源的第二個機會來了。中國藥監局的","images":[{"img":"https://static.tigerbbs.com/97ec57c02e2374b6ed1eb951bc1335c3","width":"1000","height":"562"},{"img":"https://static.tigerbbs.com/7d363c16ebcab60689c58f96f2f6750d","width":"1000","height":"667"},{"img":"https://static.tigerbbs.com/e01621281cbf210df3b2d14c041a9a68","width":"1000","height":"667"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/687541538","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996261205,"gmtCreate":1661177034009,"gmtModify":1676536467611,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996261205","repostId":"2261515445","repostType":4,"repost":{"id":"2261515445","pubTimestamp":1661177189,"share":"https://www.laohu8.com/m/news/2261515445?lang=&edition=full","pubTime":"2022-08-22 22:06","market":"us","language":"en","title":"Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2261515445","media":"Motley Fool","summary":"Tesla's stock split will take place after the close of trading on Aug. 24, but don't expect to wake up to riches overnight.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Tesla shareholders voted in favor of a 3-for-1 stock split at the company&#39;s annual meeting on Aug. 4.</li><li>Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.</li><li>The shares will trade at a split-adjusted price on Aug. 25.</li></ul><p><b>Tesla</b> is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company&#39;s annual meeting this month.</p><p>If you&#39;re confused about stock splits, below is a breakdown of how they work, so you can set your expectations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae15e6e1d3574d71df0833be714bce02\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p><b>Stock splits are taking over headlines in 2022</b></p><p>Large tech companies have been dominating stock-split news this year. <b>Amazon</b> pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant <b>Shopify</b> completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, <b>Alphabet</b>, wrapped up a 20-for-1 stock split on July 15.</p><p>Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven&#39;t been following Tesla this year, here&#39;s a look at the company&#39;s stock-split timeline.</p><ul><li><b>March 28, 2022:</b> Tesla informed the SEC about its stock-split intentions via Form 8-K.</li><li><b>June 6, 2022:</b> If you were a shareholder as of close of business on this date, you received an invitation to Tesla&#39;s annual shareholders meeting.</li><li><b>June 10, 2022:</b> Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.</li><li><b>Aug. 4, 2022:</b> Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.</li><li><b>Aug. 17, 2022:</b> Stockholders of record on this date will receive two new shares for every one share they own.</li><li><b>Aug. 24, 2022:</b> The stock split will take place after the close of trading on this date.</li><li><b>Aug. 25, 2022:</b> Tesla shares will trade at a split-adjusted price on this date.</li></ul><p>As you can see, a stock split doesn&#39;t happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.</p><p><b>What happens when a stock splits?</b></p><p>A stock split may be popular, but that doesn&#39;t mean it&#39;s profitable. A stock split in itself won&#39;t make a company&#39;s market capitalization rise or change its intrinsic value. But it does increase the number of a company&#39;s outstanding shares. You&#39;ll notice more shares of a company stock in your account, but the overall value of your shares won&#39;t change. That&#39;s why a stock split is not a taxable event in itself. It doesn&#39;t leave you with more money in your pockets.</p><p>Let&#39;s dive into Tesla&#39;s stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.</p><p>If you own five shares of Tesla, you&#39;ll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you&#39;ll have 30 shares later. If you own fractional shares, you&#39;ll still have a chance to participate in the stock split. You&#39;ll just have to do the math to see how your fractional shares will multiply after the stock split.</p><p>You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it&#39;s easier to consume.</p><p>A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.</p><p><b>Is a stock split a positive sign for a company?</b></p><p>A stock split helps make a stock with a high price tag more affordable to retail investors. But that&#39;s not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.</p><p>Although stock splits sound fancy, they are more of a cosmetic change. It doesn&#39;t determine the long-term potential of a company. Don&#39;t fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management&#39;s leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders</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\">\nHere's What You Should Know About the 3-for-1 Stock Split Approved By Tesla Shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-22 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/08/21/heres-what-you-should-know-about-the-3-for-1-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261515445","content_text":"KEY POINTSTesla shareholders voted in favor of a 3-for-1 stock split at the company's annual meeting on Aug. 4.Shareholders will see more shares of Tesla stock in their account after the stock split takes place on Aug. 24.The shares will trade at a split-adjusted price on Aug. 25.Tesla is moving forward with its second stock split on Aug. 24. Shareholders approved the 3-for-1 stock split at the company's annual meeting this month.If you're confused about stock splits, below is a breakdown of how they work, so you can set your expectations.Image source: Getty Images.Stock splits are taking over headlines in 2022Large tech companies have been dominating stock-split news this year. Amazon pursued its first stock split since the dot-com boom, completing a 20-for-1 stock split on June 3. E-commerce giant Shopify completed a 10-for-1 split of its common stock on June 28. Then, the parent company of Google, Alphabet, wrapped up a 20-for-1 stock split on July 15.Now, Tesla is back in the spotlight after completing a 5-for-1 stock split in 2020. The electric vehicle maker hinted at a stock split earlier this year, and now the big day is taking place this month. If you haven't been following Tesla this year, here's a look at the company's stock-split timeline.March 28, 2022: Tesla informed the SEC about its stock-split intentions via Form 8-K.June 6, 2022: If you were a shareholder as of close of business on this date, you received an invitation to Tesla's annual shareholders meeting.June 10, 2022: Tesla filed another form with the SEC, announcing a proposed 3-for-1 stock split.Aug. 4, 2022: Shareholders voted in favor of the 3-for-1 stock split at the 2022 Annual Meeting of Shareholders.Aug. 17, 2022: Stockholders of record on this date will receive two new shares for every one share they own.Aug. 24, 2022: The stock split will take place after the close of trading on this date.Aug. 25, 2022: Tesla shares will trade at a split-adjusted price on this date.As you can see, a stock split doesn't happen overnight. A company needs to file paperwork with the SEC to express its intentions, and then shareholders must give the company the green light to move forward with the stock split.What happens when a stock splits?A stock split may be popular, but that doesn't mean it's profitable. A stock split in itself won't make a company's market capitalization rise or change its intrinsic value. But it does increase the number of a company's outstanding shares. You'll notice more shares of a company stock in your account, but the overall value of your shares won't change. That's why a stock split is not a taxable event in itself. It doesn't leave you with more money in your pockets.Let's dive into Tesla's stock split. The company is doing a 3-for-1 split. That means investors will receive two extra shares of Tesla for every one share they own.If you own five shares of Tesla, you'll wake up to 15 shares of the company after the stock split. If you own 10 shares of Tesla, you'll have 30 shares later. If you own fractional shares, you'll still have a chance to participate in the stock split. You'll just have to do the math to see how your fractional shares will multiply after the stock split.You can think of a stock split like getting slices of pizza. If you have a whole pizza, you can slice it into three equal parts like a 3-for-1 stock split. The amount of pizza you have is still the same. When you slice it, you break it up into bite-sized pieces so it's easier to consume.A stock split makes it easier for investors to buy whole shares of a company stock by lowering the price tag. If shares of Tesla stock are $900 before the stock split, the shares will drop to $300 after the 3-for-1 stock split.Is a stock split a positive sign for a company?A stock split helps make a stock with a high price tag more affordable to retail investors. But that's not a big deal in this era since many investors can get their hands on stocks by purchasing fractional shares. However, there are some investors who like the idea of grabbing a whole share of Tesla without breaking the bank. Stock splits open the doors for more investors to accumulate whole shares of a company stock in their portfolio.Although stock splits sound fancy, they are more of a cosmetic change. It doesn't determine the long-term potential of a company. Don't fall into the trap of believing that stock splits automatically lead to profitability. Do your research before you invest in any stock -- even if the company has a stock split coming up. Review the fundamentals, evaluate management's leadership style, and do a competitor analysis to see if a company deserves a spot in your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996994616,"gmtCreate":1661095788537,"gmtModify":1676536452024,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996994616","repostId":"2260785313","repostType":4,"repost":{"id":"2260785313","pubTimestamp":1661045446,"share":"https://www.laohu8.com/m/news/2260785313?lang=&edition=full","pubTime":"2022-08-21 09:30","market":"us","language":"en","title":"No, There Is No New Short-Selling Champion in Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2260785313","media":"Barrons","summary":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manag","content":"<html><head></head><body><p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.</p><p>A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.</p><p>A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.</p><p>But that isn&#39;t really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.</p><p>Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That&#39;s a long way from $4.3 billion.</p><p>It wouldn&#39;t be a good idea, though. There isn&#39;t high probability that Tesla stock will drop about $100 in the final hour of trading Friday.</p><p>(There isn&#39;t much trading volume in those contracts. It&#39;s just an example.)</p><p>Deer Park Chief Investment Officer Scott Burg told Barron&#39;s the Tesla put-options position amounted to 0.1% of his portfolio. That isn&#39;t all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.</p><p>That isn&#39;t a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn&#39;t get into contract specifics, but said the position was closed profitably. The tiny position is already gone.</p><p>Profits aren&#39;t hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.</p><p>Burg doesn&#39;t consider himself a big Tesla bear. He&#39;s says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.</p><p>The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.</p><p>Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.</p><p>What&#39;s more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn&#39;t pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It&#39;s a bearish bet.)</p><p>A Tesla holder selling a $900 call option that expires in September gets about $44. That&#39;s almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.</p><p>There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.</p><p>However, options don&#39;t indicate with certainty how someone feels about the stock that underlies the options contract.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>No, There Is No New Short-Selling Champion in Tesla Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNo, There Is No New Short-Selling Champion in Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-21 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260785313","content_text":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.But that isn't really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That's a long way from $4.3 billion.It wouldn't be a good idea, though. There isn't high probability that Tesla stock will drop about $100 in the final hour of trading Friday.(There isn't much trading volume in those contracts. It's just an example.)Deer Park Chief Investment Officer Scott Burg told Barron's the Tesla put-options position amounted to 0.1% of his portfolio. That isn't all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.That isn't a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn't get into contract specifics, but said the position was closed profitably. The tiny position is already gone.Profits aren't hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.Burg doesn't consider himself a big Tesla bear. He's says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.What's more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn't pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It's a bearish bet.)A Tesla holder selling a $900 call option that expires in September gets about $44. That's almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.However, options don't indicate with certainty how someone feels about the stock that underlies the options contract.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996994130,"gmtCreate":1661095753624,"gmtModify":1676536452024,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996994130","repostId":"2260785313","repostType":4,"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998207473,"gmtCreate":1660997752596,"gmtModify":1676536436948,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998207473","repostId":"2260126340","repostType":4,"repost":{"id":"2260126340","pubTimestamp":1660962485,"share":"https://www.laohu8.com/m/news/2260126340?lang=&edition=full","pubTime":"2022-08-20 10:28","market":"us","language":"en","title":"3 Layoff Stocks That You Might Not Want to Lay Off From Buying Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2260126340","media":"Motley Fool","summary":"A lot of surprising companies are paring back their payrolls lately. Some of them should bounce back soon.","content":"<html><head></head><body><p>There have been a lot of surprising companies paring back their payrolls this year. Market darlings that seemed to have clear runways for years of growth have announced layoffs. Rightsizing your workforce is never a good look. It does quite the number on corporate morale, too. However, it doesn&#39;t mean that you should &#34;lay off&#34; the stocks.</p><p><b>Shopify</b>,<b> Wayfair</b>, and <b>Netflix</b> have all stunned the market by announcing plans to eliminate personnel. It doesn&#39;t mean that the stocks are toast. Shopify, Wayfair, and Netflix are leaders in their respective niches. Let&#39;s see why they could be potential buy candidates here.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/92cb68d5dd36548b06d82d526552a624\" tg-width=\"700\" tg-height=\"465\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>1. Shopify</h2><p>There was a time when the shares of companies announcing layoffs would move higher, as the market would be relieved to see the top brass take action to get costs under control. Things didn&#39;t play out that way when Shopify announced that it would be cutting 10% of its staff late last month, as the stock took a 14% hit that day alone.</p><p>Shopify has proven mortal. The stock is now trading 80% below the all-time high it hit just nine months ago. The company&#39;s initial pandemic projections that years of heady growth were coming had it invest aggressively in building out its offerings. The deceleration has been rough. Revenue rose a mere 16% in its latest report, well short of analyst expectations. Gross merchandise volume rose a mere 11%.</p><p>Business has slowed, and that makes the stock&#39;s valuation -- despite trading for just a fifth of its November peak -- a sticking point with some value-minded investors. But Shopify has carved out a lucrative niche in the realm of online commerce. It&#39;s empowering merchants, and that&#39;s a long-term approach to success.</p><h2>2. Wayfair</h2><p>The latest one-time highflier to pull on the recliner handle is Wayfair. The online furniture retailer revealed in a regulatory filing on Friday morning that it&#39;s reducing its workforce by 870 employees. It had announced plans to realign investment priorities and manage its operating expense earlier, but now it&#39;s real. The layoffs cover 5% of its global workforce and 10% of its corporate team.</p><p>Wayfair became one of the market&#39;s biggest winners during the early stages of the pandemic, as local showrooms weren&#39;t open and folks wanted to hunker down at home with refreshed furnishings. Revenue growth would spike from 35% in 2019 to 55% in 2020, only to post negative revenue growth last year. The company has now rattled off five consecutive quarters of double-digit-percentage declines on the top line.</p><p>It&#39;s not as devastating as it might seem. Revenue did clock in 15% lower in its latest quarter than it did a year earlier, and 24% below where it was two years ago when the country&#39;s initial shutdown sent folks scrambling for e-commerce solutions. However, Wayfair&#39;s sales are still 40% higher than they were three years ago.</p><p>The slowdown is natural after all of the binge buying of home essentials through early 2021, but when we need new furniture, it&#39;s a safe bet that Wayfair will be a top consideration. Adjusting its workforce will help tackle its lack of profitability.</p><h2>3. Netflix</h2><p>It&#39;s not just the master chefs on some of the cooking shows you see on Netflix doing a lot of cutting these days. Netflix has had at least two rounds of small layoffs in May and June, shortly after stunning investors by reporting a sequential decline in global paid subscribers for the first quarter.</p><p>The climate is kinder now. It lost less than half as many subscribers as it initially forecast for the second quarter, and Netflix is projecting a return to sequential subscriber growth for the current quarter. Netflix is also working on new initiatives that include gaming, theatrical releases for high-profile flicks, and rolling out a more economical ad-supported tier. With more than 220 million paid accounts worldwide -- and now growing -- it&#39;s easy to believe that the worst is over for the top dog of streaming-service stocks.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Layoff Stocks That You Might Not Want to Lay Off From Buying Right Now</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 Layoff Stocks That You Might Not Want to Lay Off From Buying Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-20 10:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/19/3-layoff-stocks-that-you-might-not-want-to-lay-off/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There have been a lot of surprising companies paring back their payrolls this year. Market darlings that seemed to have clear runways for years of growth have announced layoffs. Rightsizing your ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/19/3-layoff-stocks-that-you-might-not-want-to-lay-off/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"W":"Wayfair","NFLX":"奈飞","SHOP":"Shopify Inc"},"source_url":"https://www.fool.com/investing/2022/08/19/3-layoff-stocks-that-you-might-not-want-to-lay-off/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260126340","content_text":"There have been a lot of surprising companies paring back their payrolls this year. Market darlings that seemed to have clear runways for years of growth have announced layoffs. Rightsizing your workforce is never a good look. It does quite the number on corporate morale, too. However, it doesn't mean that you should \"lay off\" the stocks.Shopify, Wayfair, and Netflix have all stunned the market by announcing plans to eliminate personnel. It doesn't mean that the stocks are toast. Shopify, Wayfair, and Netflix are leaders in their respective niches. Let's see why they could be potential buy candidates here.Image source: Getty Images.1. ShopifyThere was a time when the shares of companies announcing layoffs would move higher, as the market would be relieved to see the top brass take action to get costs under control. Things didn't play out that way when Shopify announced that it would be cutting 10% of its staff late last month, as the stock took a 14% hit that day alone.Shopify has proven mortal. The stock is now trading 80% below the all-time high it hit just nine months ago. The company's initial pandemic projections that years of heady growth were coming had it invest aggressively in building out its offerings. The deceleration has been rough. Revenue rose a mere 16% in its latest report, well short of analyst expectations. Gross merchandise volume rose a mere 11%.Business has slowed, and that makes the stock's valuation -- despite trading for just a fifth of its November peak -- a sticking point with some value-minded investors. But Shopify has carved out a lucrative niche in the realm of online commerce. It's empowering merchants, and that's a long-term approach to success.2. WayfairThe latest one-time highflier to pull on the recliner handle is Wayfair. The online furniture retailer revealed in a regulatory filing on Friday morning that it's reducing its workforce by 870 employees. It had announced plans to realign investment priorities and manage its operating expense earlier, but now it's real. The layoffs cover 5% of its global workforce and 10% of its corporate team.Wayfair became one of the market's biggest winners during the early stages of the pandemic, as local showrooms weren't open and folks wanted to hunker down at home with refreshed furnishings. Revenue growth would spike from 35% in 2019 to 55% in 2020, only to post negative revenue growth last year. The company has now rattled off five consecutive quarters of double-digit-percentage declines on the top line.It's not as devastating as it might seem. Revenue did clock in 15% lower in its latest quarter than it did a year earlier, and 24% below where it was two years ago when the country's initial shutdown sent folks scrambling for e-commerce solutions. However, Wayfair's sales are still 40% higher than they were three years ago.The slowdown is natural after all of the binge buying of home essentials through early 2021, but when we need new furniture, it's a safe bet that Wayfair will be a top consideration. Adjusting its workforce will help tackle its lack of profitability.3. NetflixIt's not just the master chefs on some of the cooking shows you see on Netflix doing a lot of cutting these days. Netflix has had at least two rounds of small layoffs in May and June, shortly after stunning investors by reporting a sequential decline in global paid subscribers for the first quarter.The climate is kinder now. It lost less than half as many subscribers as it initially forecast for the second quarter, and Netflix is projecting a return to sequential subscriber growth for the current quarter. Netflix is also working on new initiatives that include gaming, theatrical releases for high-profile flicks, and rolling out a more economical ad-supported tier. With more than 220 million paid accounts worldwide -- and now growing -- it's easy to believe that the worst is over for the top dog of streaming-service stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998903270,"gmtCreate":1660912314594,"gmtModify":1676536422199,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998903270","repostId":"1156913631","repostType":4,"repost":{"id":"1156913631","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1660910126,"share":"https://www.laohu8.com/m/news/1156913631?lang=&edition=full","pubTime":"2022-08-19 19:55","market":"us","language":"en","title":"Pre-Bell｜Dow Futures Slid Over 280 Points; Bed Bath & Beyond Plunged 42.7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1156913631","media":"Tiger Newspress","summary":"U.S. stock index futures fell on Friday after Federal Reserve officials said the central bank needs ","content":"<html><head></head><body><p>U.S. stock index futures fell on Friday after Federal Reserve officials said the central bank needs to keep raising interest rates to rein in inflation, while deliberating on how fast and how high to lift them.</p><p><b>Market Snapshot</b></p><p>At 7:54 a.m. ET, Dow e-minis were down 287 points, or 0.84%, S&amp;P 500 e-minis were down 44 points, or 1.03%, and Nasdaq 100 e-minis were down 156 points, or 1.15%.</p><p><img src=\"https://static.tigerbbs.com/1528f9205014e3891697d8ee403e3a28\" tg-width=\"444\" tg-height=\"181\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p>Deere(DE) – Deere slid 5.2% in premarket trading after the heavy equipment maker missed quarterly earnings estimates despite higher-than-expected sales. Deere earned $6.16 per share, below the consensus estimate of $6.69, as it successfully implemented price hikes but also faced higher costs. The company also cut its full-year forecast.</p><p>Foot Locker(FL) – Foot Locker surged 17.4% in the premarket after the athletic footwear and apparel retailer’s quarterly earnings beat analyst forecasts, and the company also announced aCEO transition. FormerUlta Beauty(ULTA) CEO Mary Dillon will replace Richard Johnson as CEO on Sept. 1.</p><p>Bed Bath &amp; Beyond(BBBY) – Bed Bath &amp; Beyond plunged 42.7% in premarket tradingfollowing newsthat investor Ryan Cohen had sold his entire stake in the housewares retailer, garnering a profit of more than $58 million.</p><p>Ross Stores(ROST) – Ross Stores reported better-than-expected earnings for its latest quarter, but its revenue was below Wall Street forecasts, and the company issued a weaker than expected full-year outlook. The company said its results were impacted by higher costs as well as increased promotional activity. The stock fell 1% in premarket action.</p><p>Applied Materials(AMAT) – Applied Materials beat estimates by 15 cents with adjusted quarterly profit of $1.94 per share, and the maker of semiconductor manufacturing equipment saw revenue top forecasts as well. It also gave an upbeat current quarter revenue forecast as chipmakers increase production.</p><p>Coinbase(COIN) – The crypto exchange operator’s stock slid 8.6% in premarket trading, falling in sympathy with the sudden overnight drop in bitcoin prices.Microstrategy(MSTR), the business analytics company with extensive bitcoin holdings, saw its stock fall 9.3%.</p><p>Home Depot(HD) – Home Depot announced a new $15 billion share repurchase program, replacing a prior authorization. The home improvement retailer also announced that CEO Ted Decker will replace former CEO Craig Menear as chairman, effective October 1.</p><p>Madison Square Garden Entertainment(MSGE) – Madison Square Garden Entertainment rallied 7.3% in the premarket following news that its board ismulling a spin-offthat would contain the company’s live entertainment and MSG Networks businesses.</p><p>Bill.com(BILL) – Bill.com surged 18.5% in premarket trading after the financial back-office software provider reported better-than-expected quarterly results and issued upbeat guidance.</p><p><b>Market News</b></p><h3>Foot Locker Appoints Mary Dillon as CEO</h3><p>Foot Locker Inc said on Friday it had appointed former Ulta Beauty head Mary Dillon as its chief executive officer, effective Sept. 1.</p><p>Dillon, who replace Richard Johnson, will also serve as a member of the Foot Locker board.</p><h3>Deere Quarterly Profit Rises on Strong Equipment Demand, Pricing</h3><p>Deere &amp; Co reported a rise in quarterly profit on Friday as higher equipment demand coupled with a robust pricing environment helped the world&#39;s largest farm equipment maker to offset inflationary cost pressures.</p><p>Gaps between the supply and demand for grains increased amid the Ukraine crisis while growing consumer demand spiked prices, putting pressure on farmers to produce more and upgrade their aging fleet.</p><h3>Bitcoin Follows Stocks Lower and Sinks to Below $22,000</h3><p>Bitcoin sank to below $22,000 on Friday, following global stocks lower amid uncertainty over how aggressive the Federal Reserve would be in its effort to cool inflation with interest-rate hikes.</p><p>Bitcoin, the world’s largest cryptocurrency, has declined 7.4% to $21,726 over the past 24 hours, according to CoinDesk. The selloff came after Bitcoin briefly crossed $25,000 over the weekend for the first time since mid-June. The crypto had received a boost from a slowing of U.S. inflation. Traders felt that took some pressure off the Federal Reserve, which has been raising interest rates to tame rising prices.</p><h3>Xiaomi Q2 Revenue Drops as Covid Restrictions Hit China Sales</h3><p>Chinese smartphone maker Xiaomi Corp(1810.HK)posted a 20% drop in second quarter revenue on Friday, as the world&#39;s biggest smartphone market shrank, hit by strict COVID restrictions.</p><p>Xiaomi reported 70.17 billion yuan ($10.31 billion) in revenue for the quarter ended on June 30, down from 87.8 billion a year earlier but slightly below the 70.59 billion expected by analysts.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜Dow Futures Slid Over 280 Points; Bed Bath & Beyond Plunged 42.7%</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\">\nPre-Bell｜Dow Futures Slid Over 280 Points; Bed Bath & Beyond Plunged 42.7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-19 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures fell on Friday after Federal Reserve officials said the central bank needs to keep raising interest rates to rein in inflation, while deliberating on how fast and how high to lift them.</p><p><b>Market Snapshot</b></p><p>At 7:54 a.m. ET, Dow e-minis were down 287 points, or 0.84%, S&amp;P 500 e-minis were down 44 points, or 1.03%, and Nasdaq 100 e-minis were down 156 points, or 1.15%.</p><p><img src=\"https://static.tigerbbs.com/1528f9205014e3891697d8ee403e3a28\" tg-width=\"444\" tg-height=\"181\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p>Deere(DE) – Deere slid 5.2% in premarket trading after the heavy equipment maker missed quarterly earnings estimates despite higher-than-expected sales. Deere earned $6.16 per share, below the consensus estimate of $6.69, as it successfully implemented price hikes but also faced higher costs. The company also cut its full-year forecast.</p><p>Foot Locker(FL) – Foot Locker surged 17.4% in the premarket after the athletic footwear and apparel retailer’s quarterly earnings beat analyst forecasts, and the company also announced aCEO transition. FormerUlta Beauty(ULTA) CEO Mary Dillon will replace Richard Johnson as CEO on Sept. 1.</p><p>Bed Bath &amp; Beyond(BBBY) – Bed Bath &amp; Beyond plunged 42.7% in premarket tradingfollowing newsthat investor Ryan Cohen had sold his entire stake in the housewares retailer, garnering a profit of more than $58 million.</p><p>Ross Stores(ROST) – Ross Stores reported better-than-expected earnings for its latest quarter, but its revenue was below Wall Street forecasts, and the company issued a weaker than expected full-year outlook. The company said its results were impacted by higher costs as well as increased promotional activity. The stock fell 1% in premarket action.</p><p>Applied Materials(AMAT) – Applied Materials beat estimates by 15 cents with adjusted quarterly profit of $1.94 per share, and the maker of semiconductor manufacturing equipment saw revenue top forecasts as well. It also gave an upbeat current quarter revenue forecast as chipmakers increase production.</p><p>Coinbase(COIN) – The crypto exchange operator’s stock slid 8.6% in premarket trading, falling in sympathy with the sudden overnight drop in bitcoin prices.Microstrategy(MSTR), the business analytics company with extensive bitcoin holdings, saw its stock fall 9.3%.</p><p>Home Depot(HD) – Home Depot announced a new $15 billion share repurchase program, replacing a prior authorization. The home improvement retailer also announced that CEO Ted Decker will replace former CEO Craig Menear as chairman, effective October 1.</p><p>Madison Square Garden Entertainment(MSGE) – Madison Square Garden Entertainment rallied 7.3% in the premarket following news that its board ismulling a spin-offthat would contain the company’s live entertainment and MSG Networks businesses.</p><p>Bill.com(BILL) – Bill.com surged 18.5% in premarket trading after the financial back-office software provider reported better-than-expected quarterly results and issued upbeat guidance.</p><p><b>Market News</b></p><h3>Foot Locker Appoints Mary Dillon as CEO</h3><p>Foot Locker Inc said on Friday it had appointed former Ulta Beauty head Mary Dillon as its chief executive officer, effective Sept. 1.</p><p>Dillon, who replace Richard Johnson, will also serve as a member of the Foot Locker board.</p><h3>Deere Quarterly Profit Rises on Strong Equipment Demand, Pricing</h3><p>Deere &amp; Co reported a rise in quarterly profit on Friday as higher equipment demand coupled with a robust pricing environment helped the world&#39;s largest farm equipment maker to offset inflationary cost pressures.</p><p>Gaps between the supply and demand for grains increased amid the Ukraine crisis while growing consumer demand spiked prices, putting pressure on farmers to produce more and upgrade their aging fleet.</p><h3>Bitcoin Follows Stocks Lower and Sinks to Below $22,000</h3><p>Bitcoin sank to below $22,000 on Friday, following global stocks lower amid uncertainty over how aggressive the Federal Reserve would be in its effort to cool inflation with interest-rate hikes.</p><p>Bitcoin, the world’s largest cryptocurrency, has declined 7.4% to $21,726 over the past 24 hours, according to CoinDesk. The selloff came after Bitcoin briefly crossed $25,000 over the weekend for the first time since mid-June. The crypto had received a boost from a slowing of U.S. inflation. Traders felt that took some pressure off the Federal Reserve, which has been raising interest rates to tame rising prices.</p><h3>Xiaomi Q2 Revenue Drops as Covid Restrictions Hit China Sales</h3><p>Chinese smartphone maker Xiaomi Corp(1810.HK)posted a 20% drop in second quarter revenue on Friday, as the world&#39;s biggest smartphone market shrank, hit by strict COVID restrictions.</p><p>Xiaomi reported 70.17 billion yuan ($10.31 billion) in revenue for the quarter ended on June 30, down from 87.8 billion a year earlier but slightly below the 70.59 billion expected by analysts.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156913631","content_text":"U.S. stock index futures fell on Friday after Federal Reserve officials said the central bank needs to keep raising interest rates to rein in inflation, while deliberating on how fast and how high to lift them.Market SnapshotAt 7:54 a.m. ET, Dow e-minis were down 287 points, or 0.84%, S&P 500 e-minis were down 44 points, or 1.03%, and Nasdaq 100 e-minis were down 156 points, or 1.15%.Pre-Market MoversDeere(DE) – Deere slid 5.2% in premarket trading after the heavy equipment maker missed quarterly earnings estimates despite higher-than-expected sales. Deere earned $6.16 per share, below the consensus estimate of $6.69, as it successfully implemented price hikes but also faced higher costs. The company also cut its full-year forecast.Foot Locker(FL) – Foot Locker surged 17.4% in the premarket after the athletic footwear and apparel retailer’s quarterly earnings beat analyst forecasts, and the company also announced aCEO transition. FormerUlta Beauty(ULTA) CEO Mary Dillon will replace Richard Johnson as CEO on Sept. 1.Bed Bath & Beyond(BBBY) – Bed Bath & Beyond plunged 42.7% in premarket tradingfollowing newsthat investor Ryan Cohen had sold his entire stake in the housewares retailer, garnering a profit of more than $58 million.Ross Stores(ROST) – Ross Stores reported better-than-expected earnings for its latest quarter, but its revenue was below Wall Street forecasts, and the company issued a weaker than expected full-year outlook. The company said its results were impacted by higher costs as well as increased promotional activity. The stock fell 1% in premarket action.Applied Materials(AMAT) – Applied Materials beat estimates by 15 cents with adjusted quarterly profit of $1.94 per share, and the maker of semiconductor manufacturing equipment saw revenue top forecasts as well. It also gave an upbeat current quarter revenue forecast as chipmakers increase production.Coinbase(COIN) – The crypto exchange operator’s stock slid 8.6% in premarket trading, falling in sympathy with the sudden overnight drop in bitcoin prices.Microstrategy(MSTR), the business analytics company with extensive bitcoin holdings, saw its stock fall 9.3%.Home Depot(HD) – Home Depot announced a new $15 billion share repurchase program, replacing a prior authorization. The home improvement retailer also announced that CEO Ted Decker will replace former CEO Craig Menear as chairman, effective October 1.Madison Square Garden Entertainment(MSGE) – Madison Square Garden Entertainment rallied 7.3% in the premarket following news that its board ismulling a spin-offthat would contain the company’s live entertainment and MSG Networks businesses.Bill.com(BILL) – Bill.com surged 18.5% in premarket trading after the financial back-office software provider reported better-than-expected quarterly results and issued upbeat guidance.Market NewsFoot Locker Appoints Mary Dillon as CEOFoot Locker Inc said on Friday it had appointed former Ulta Beauty head Mary Dillon as its chief executive officer, effective Sept. 1.Dillon, who replace Richard Johnson, will also serve as a member of the Foot Locker board.Deere Quarterly Profit Rises on Strong Equipment Demand, PricingDeere & Co reported a rise in quarterly profit on Friday as higher equipment demand coupled with a robust pricing environment helped the world's largest farm equipment maker to offset inflationary cost pressures.Gaps between the supply and demand for grains increased amid the Ukraine crisis while growing consumer demand spiked prices, putting pressure on farmers to produce more and upgrade their aging fleet.Bitcoin Follows Stocks Lower and Sinks to Below $22,000Bitcoin sank to below $22,000 on Friday, following global stocks lower amid uncertainty over how aggressive the Federal Reserve would be in its effort to cool inflation with interest-rate hikes.Bitcoin, the world’s largest cryptocurrency, has declined 7.4% to $21,726 over the past 24 hours, according to CoinDesk. The selloff came after Bitcoin briefly crossed $25,000 over the weekend for the first time since mid-June. The crypto had received a boost from a slowing of U.S. inflation. Traders felt that took some pressure off the Federal Reserve, which has been raising interest rates to tame rising prices.Xiaomi Q2 Revenue Drops as Covid Restrictions Hit China SalesChinese smartphone maker Xiaomi Corp(1810.HK)posted a 20% drop in second quarter revenue on Friday, as the world's biggest smartphone market shrank, hit by strict COVID restrictions.Xiaomi reported 70.17 billion yuan ($10.31 billion) in revenue for the quarter ended on June 30, down from 87.8 billion a year earlier but slightly below the 70.59 billion expected by analysts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991394092,"gmtCreate":1660780294119,"gmtModify":1676536396587,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991394092","repostId":"1196990768","repostType":4,"repost":{"id":"1196990768","pubTimestamp":1660777736,"share":"https://www.laohu8.com/m/news/1196990768?lang=&edition=full","pubTime":"2022-08-18 07:08","market":"us","language":"en","title":"Fed Officials Saw Need to Slow Rate-Hike Pace “At Some Point”","url":"https://stock-news.laohu8.com/highlight/detail?id=1196990768","media":"Bloomberg","summary":"Many participants saw risk of over-tightening policyOfficials saw significant risk of entrenched inf","content":"<html><head></head><body><ul><li>Many participants saw risk of over-tightening policy</li><li>Officials saw significant risk of entrenched inflation</li></ul><p>Federal Reserve officials agreed last month on the need to eventually dial back the pace of interest-rate hikes but also wanted to gauge how their monetary tightening was working toward curbing US inflation.</p><p>“As the stance of monetary policy tightened further, it likely would become appropriate at some point to slow the pace of policy rate increases while assessing the effects of cumulative policy adjustments on economic activity and inflation,” according to minutes of the Federal Open Market Committee’s July 26-27 meeting released Wednesday in Washington.</p><p>“Many participants remarked that, in view of the constantly changing nature of the economic environment and the existence of long and variable lags in monetary policy’s effect on the economy, there was also a risk that the committee could tighten the stance of policy by more than necessary to restore price stability,” the minutes showed.</p><p>Fed officials raised their benchmark interest rate by 75 basis points at that meeting for a second straight month, marking the fastest pace of tightening since the early 1980s in a battle against red-hot inflation.</p><p>Even so, the S&amp;P 500 index of US stocks has risen about 9% since the July gathering. Fed officials will have a chance to offer fresh views on the outlook during their Aug. 25-27 retreat in Jackson Hole, Wyoming.</p><p>Following the minutes release, two-year Treasury yields and the dollar pared gains, while US stocks trimmed losses. Swaps traders increasingly bet that the Fed will boost rates by a half percentage point next month, rather than three-quarters of a point.</p><p>“While the FOMC minutes continue to emphasize the need to contain inflation, there is also an emerging concern the Fed could tighten more than necessary,” said Christopher Low, chief economist at FHN Financial. “There is an inkling of improvement on the supply side of the economy, there is a bit of hope in some product prices moderating, but there is still a great deal of concern about inflation and inflation expectations.”</p><p>The language used in the minutes echoed what Powell said at the press conference after the July meeting. His comments ignited the move higher in stocks when he suggested that the central bank could transition to smaller rate hikes going forward. Even so, he left the door open to another “unusually large” increase at the next meeting in September, depending on economic data to be published in the interim.</p><p>A Labor Department report published Aug. 5 -- which showed companies added 528,000 employees to payrolls last month, more than double what forecasters were expecting -- prompted investors to bet on a third straight 75-basis-point hike when the Fed meets Sept. 20-21.</p><p>At the July meeting, “participants judged that a significant risk facing the committee was that elevated inflation could become entrenched if the public began to question the committee’s resolve to adjust the stance of policy sufficiently,” according to the minutes.</p><p>But the department’s Aug. 10 readout on consumer prices showed they rose 8.5% in the 12 months through July, down from the 9.1% increase the month before that marked the highest inflation rate since 1981.</p><p>The softer July inflation figures gave legs to the stock-market rally as previous bets on a big rate hike in September were unwound, and investors are now assigning similar odds to a half-point or a three-quarter-point increase, according to prices of futures contracts tied to the Fed’s benchmark rate.</p><p>August numbers on jobs and consumer prices are due out before the September meeting.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed Officials Saw Need to Slow Rate-Hike Pace “At Some Point”</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\">\nFed Officials Saw Need to Slow Rate-Hike Pace “At Some Point”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-18 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-17/fed-saw-smaller-hikes-ahead-to-assess-prior-moves-minutes-show?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Many participants saw risk of over-tightening policyOfficials saw significant risk of entrenched inflationFederal Reserve officials agreed last month on the need to eventually dial back the pace of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-17/fed-saw-smaller-hikes-ahead-to-assess-prior-moves-minutes-show?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-17/fed-saw-smaller-hikes-ahead-to-assess-prior-moves-minutes-show?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196990768","content_text":"Many participants saw risk of over-tightening policyOfficials saw significant risk of entrenched inflationFederal Reserve officials agreed last month on the need to eventually dial back the pace of interest-rate hikes but also wanted to gauge how their monetary tightening was working toward curbing US inflation.“As the stance of monetary policy tightened further, it likely would become appropriate at some point to slow the pace of policy rate increases while assessing the effects of cumulative policy adjustments on economic activity and inflation,” according to minutes of the Federal Open Market Committee’s July 26-27 meeting released Wednesday in Washington.“Many participants remarked that, in view of the constantly changing nature of the economic environment and the existence of long and variable lags in monetary policy’s effect on the economy, there was also a risk that the committee could tighten the stance of policy by more than necessary to restore price stability,” the minutes showed.Fed officials raised their benchmark interest rate by 75 basis points at that meeting for a second straight month, marking the fastest pace of tightening since the early 1980s in a battle against red-hot inflation.Even so, the S&P 500 index of US stocks has risen about 9% since the July gathering. Fed officials will have a chance to offer fresh views on the outlook during their Aug. 25-27 retreat in Jackson Hole, Wyoming.Following the minutes release, two-year Treasury yields and the dollar pared gains, while US stocks trimmed losses. Swaps traders increasingly bet that the Fed will boost rates by a half percentage point next month, rather than three-quarters of a point.“While the FOMC minutes continue to emphasize the need to contain inflation, there is also an emerging concern the Fed could tighten more than necessary,” said Christopher Low, chief economist at FHN Financial. “There is an inkling of improvement on the supply side of the economy, there is a bit of hope in some product prices moderating, but there is still a great deal of concern about inflation and inflation expectations.”The language used in the minutes echoed what Powell said at the press conference after the July meeting. His comments ignited the move higher in stocks when he suggested that the central bank could transition to smaller rate hikes going forward. Even so, he left the door open to another “unusually large” increase at the next meeting in September, depending on economic data to be published in the interim.A Labor Department report published Aug. 5 -- which showed companies added 528,000 employees to payrolls last month, more than double what forecasters were expecting -- prompted investors to bet on a third straight 75-basis-point hike when the Fed meets Sept. 20-21.At the July meeting, “participants judged that a significant risk facing the committee was that elevated inflation could become entrenched if the public began to question the committee’s resolve to adjust the stance of policy sufficiently,” according to the minutes.But the department’s Aug. 10 readout on consumer prices showed they rose 8.5% in the 12 months through July, down from the 9.1% increase the month before that marked the highest inflation rate since 1981.The softer July inflation figures gave legs to the stock-market rally as previous bets on a big rate hike in September were unwound, and investors are now assigning similar odds to a half-point or a three-quarter-point increase, according to prices of futures contracts tied to the Fed’s benchmark rate.August numbers on jobs and consumer prices are due out before the September meeting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9993960841,"gmtCreate":1660614030585,"gmtModify":1676536365748,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993960841","repostId":"2259261017","repostType":4,"repost":{"id":"2259261017","pubTimestamp":1660621623,"share":"https://www.laohu8.com/m/news/2259261017?lang=&edition=full","pubTime":"2022-08-16 11:47","market":"us","language":"en","title":"This Stock Rally Has More Legs, Could Extend Until Year End - JPMorgan","url":"https://stock-news.laohu8.com/highlight/detail?id=2259261017","media":"StreetInsider","summary":"JPMorgan strategist Mislav Matejka doesn’t believe the ongoing rebound in the stock market is overdo","content":"<html><head></head><body><p>JPMorgan strategist Mislav Matejka doesn’t believe the ongoing rebound in the stock market is overdone.</p><p>The Growth sector is up about 14% since June lows compared to Value. Some stocks have rebounded by over 50% in the past 2 months, Matejka notes in a memo sent to clients.</p><p>Discussing when the relief rally may peak, Matejka explained:</p><p>“The key is the direction of long yields, where the peaking at mid-year was one of the big catalysts for the rebound in Growth style. Having initially decelerated by 100bp, from 3.5% to 2.5% in the US and from 1.8% to 0.8% in Germany, bond yields are recently trying to firm up again, especially post the strong July payrolls. However, we think that the broad stalling could continue until activity momentum troughs, sometime in Q4. M1, a good lead indicator of economic activity, is pointing to still lower PMIs ahead.”</p><p>More importantly, the shape of the yield curve needs to “start re-steepening” before investors start returning to Value from Growth.</p><p>“The Fed needs to pivot, in our view, but this is unlikely before the September meeting, where they could announce another outsized move, of 50-75bp – JPM call is for 75bp,” Matejka added.</p><p>Finally, the strategist also added that the U.S. dollar will need to start weakening.</p><p>“We have in early July argued for a tactical rebound in Growth style, and in the Tech sector in particular. We believed this would lend support to the broad market levels. We continue to think the rebound in Growth style is only tactical, but it likely has some further to go, perhaps even until year end,” Matejka concluded.</p><p>Berenberg analysts Jonathan Stubbs and Edward Abbott also weighed in on the cyclical/defensive debate.</p><p>“Our analysis suggests risks with owning just cyclicals or defensives in a “VOLcano theory” world… It is too early, we think, to commit to cyclicals here,” analysts wrote in a client note.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Stock Rally Has More Legs, Could Extend Until Year End - JPMorgan</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\">\nThis Stock Rally Has More Legs, Could Extend Until Year End - JPMorgan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-16 11:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20461692><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JPMorgan strategist Mislav Matejka doesn’t believe the ongoing rebound in the stock market is overdone.The Growth sector is up about 14% since June lows compared to Value. Some stocks have rebounded ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20461692\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20461692","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2259261017","content_text":"JPMorgan strategist Mislav Matejka doesn’t believe the ongoing rebound in the stock market is overdone.The Growth sector is up about 14% since June lows compared to Value. Some stocks have rebounded by over 50% in the past 2 months, Matejka notes in a memo sent to clients.Discussing when the relief rally may peak, Matejka explained:“The key is the direction of long yields, where the peaking at mid-year was one of the big catalysts for the rebound in Growth style. Having initially decelerated by 100bp, from 3.5% to 2.5% in the US and from 1.8% to 0.8% in Germany, bond yields are recently trying to firm up again, especially post the strong July payrolls. However, we think that the broad stalling could continue until activity momentum troughs, sometime in Q4. M1, a good lead indicator of economic activity, is pointing to still lower PMIs ahead.”More importantly, the shape of the yield curve needs to “start re-steepening” before investors start returning to Value from Growth.“The Fed needs to pivot, in our view, but this is unlikely before the September meeting, where they could announce another outsized move, of 50-75bp – JPM call is for 75bp,” Matejka added.Finally, the strategist also added that the U.S. dollar will need to start weakening.“We have in early July argued for a tactical rebound in Growth style, and in the Tech sector in particular. We believed this would lend support to the broad market levels. We continue to think the rebound in Growth style is only tactical, but it likely has some further to go, perhaps even until year end,” Matejka concluded.Berenberg analysts Jonathan Stubbs and Edward Abbott also weighed in on the cyclical/defensive debate.“Our analysis suggests risks with owning just cyclicals or defensives in a “VOLcano theory” world… It is too early, we think, to commit to cyclicals here,” analysts wrote in a client note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999422426,"gmtCreate":1660573825867,"gmtModify":1676535474846,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999422426","repostId":"684709549","repostType":1,"repost":{"id":684709549,"gmtCreate":1660571880000,"gmtModify":1676536737901,"author":{"id":"3577852034187700","authorId":"3577852034187700","name":"经济观察报","avatar":"https://static.tigerbbs.com/f64ac2aa784ef0f271ddeb45c7dc72bc","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"破產重整方案未通過，洛娃集團走向破產終局","htmlText":"經濟觀察網 記者 蔡越坤&nbsp;債務爆雷超過三年後，洛娃科技實業集團有限公司（以下簡稱“洛娃集團”）宣告破產重整失敗，於近日開啓走向破產清算的程序。 2022年8月12日，北京市朝陽區人民法院公告表示，依法裁定終止重整程序並宣告洛娃集團破產。 8月15日，記者從管理人相關律師處獲得確認，洛娃集團破產重整失敗，下一步將進行破產清算。該律師也表示，會通過一些公開的方式進行資產處置，後續會有相關的通知和公告。 宣告破產 三年前，2018年12月，洛娃集團第一隻公開債券“17洛娃科技CP001”宣告違約。2019年5月13日，北京市朝陽區人民法院裁定受理洛娃集團提出的破產重整申請，並以公開競爭選任的方式，於2019年6月24日指定北京市煒衡律師事務所爲管理人。 公告顯示，2022年6月7日洛娃集團召開第二次債權人會議，對《重整計劃草案》進行表決，《重整計劃草案》未獲得通過。經洛娃集團公司與債權人協商，洛娃集團公司對《重整計劃草案》進行優化並再次提交債權人表決，仍未獲得通過。 北京市朝陽區人民法院稱，依法對洛娃集團公司、管理人分別提交的申請進行審查後，於2022年8月12日作出（2019）京0105破26號之四民事裁定書，依照《中華人民共和國企業破產法》第八十二條、第八十六條第一款、第八十七條、第八十八條之規定，裁定終止洛娃集團公司重整程序並宣告洛娃集團公司破產。 北京市朝陽區人民法院宣告洛娃集團破產當日，即8月12日，洛娃集團破產管理人北京市煒衡律師事務所也發佈了《關於洛娃科技實業集團有限公司宣告破產後做安排的公告》。 對於後續安排，北京市煒衡律師事務所表示，爲保護洛娃集團全體債權人的合法權益，維持洛娃集團經營性資產的營運價值，管理人擬儘快申請許可繼續營業。根據自願原則，在崗職工可以選擇重新簽訂聘用合同，繼續留任原崗位，待遇保持穩定。對於尚未履行完畢的合同，管理人將盡快進行分類","listText":"經濟觀察網 記者 蔡越坤&nbsp;債務爆雷超過三年後，洛娃科技實業集團有限公司（以下簡稱“洛娃集團”）宣告破產重整失敗，於近日開啓走向破產清算的程序。 2022年8月12日，北京市朝陽區人民法院公告表示，依法裁定終止重整程序並宣告洛娃集團破產。 8月15日，記者從管理人相關律師處獲得確認，洛娃集團破產重整失敗，下一步將進行破產清算。該律師也表示，會通過一些公開的方式進行資產處置，後續會有相關的通知和公告。 宣告破產 三年前，2018年12月，洛娃集團第一隻公開債券“17洛娃科技CP001”宣告違約。2019年5月13日，北京市朝陽區人民法院裁定受理洛娃集團提出的破產重整申請，並以公開競爭選任的方式，於2019年6月24日指定北京市煒衡律師事務所爲管理人。 公告顯示，2022年6月7日洛娃集團召開第二次債權人會議，對《重整計劃草案》進行表決，《重整計劃草案》未獲得通過。經洛娃集團公司與債權人協商，洛娃集團公司對《重整計劃草案》進行優化並再次提交債權人表決，仍未獲得通過。 北京市朝陽區人民法院稱，依法對洛娃集團公司、管理人分別提交的申請進行審查後，於2022年8月12日作出（2019）京0105破26號之四民事裁定書，依照《中華人民共和國企業破產法》第八十二條、第八十六條第一款、第八十七條、第八十八條之規定，裁定終止洛娃集團公司重整程序並宣告洛娃集團公司破產。 北京市朝陽區人民法院宣告洛娃集團破產當日，即8月12日，洛娃集團破產管理人北京市煒衡律師事務所也發佈了《關於洛娃科技實業集團有限公司宣告破產後做安排的公告》。 對於後續安排，北京市煒衡律師事務所表示，爲保護洛娃集團全體債權人的合法權益，維持洛娃集團經營性資產的營運價值，管理人擬儘快申請許可繼續營業。根據自願原則，在崗職工可以選擇重新簽訂聘用合同，繼續留任原崗位，待遇保持穩定。對於尚未履行完畢的合同，管理人將盡快進行分類","text":"經濟觀察網 記者 蔡越坤 債務爆雷超過三年後，洛娃科技實業集團有限公司（以下簡稱“洛娃集團”）宣告破產重整失敗，於近日開啓走向破產清算的程序。 2022年8月12日，北京市朝陽區人民法院公告表示，依法裁定終止重整程序並宣告洛娃集團破產。 8月15日，記者從管理人相關律師處獲得確認，洛娃集團破產重整失敗，下一步將進行破產清算。該律師也表示，會通過一些公開的方式進行資產處置，後續會有相關的通知和公告。 宣告破產 三年前，2018年12月，洛娃集團第一隻公開債券“17洛娃科技CP001”宣告違約。2019年5月13日，北京市朝陽區人民法院裁定受理洛娃集團提出的破產重整申請，並以公開競爭選任的方式，於2019年6月24日指定北京市煒衡律師事務所爲管理人。 公告顯示，2022年6月7日洛娃集團召開第二次債權人會議，對《重整計劃草案》進行表決，《重整計劃草案》未獲得通過。經洛娃集團公司與債權人協商，洛娃集團公司對《重整計劃草案》進行優化並再次提交債權人表決，仍未獲得通過。 北京市朝陽區人民法院稱，依法對洛娃集團公司、管理人分別提交的申請進行審查後，於2022年8月12日作出（2019）京0105破26號之四民事裁定書，依照《中華人民共和國企業破產法》第八十二條、第八十六條第一款、第八十七條、第八十八條之規定，裁定終止洛娃集團公司重整程序並宣告洛娃集團公司破產。 北京市朝陽區人民法院宣告洛娃集團破產當日，即8月12日，洛娃集團破產管理人北京市煒衡律師事務所也發佈了《關於洛娃科技實業集團有限公司宣告破產後做安排的公告》。 對於後續安排，北京市煒衡律師事務所表示，爲保護洛娃集團全體債權人的合法權益，維持洛娃集團經營性資產的營運價值，管理人擬儘快申請許可繼續營業。根據自願原則，在崗職工可以選擇重新簽訂聘用合同，繼續留任原崗位，待遇保持穩定。對於尚未履行完畢的合同，管理人將盡快進行分類","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/684709549","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999422210,"gmtCreate":1660573818732,"gmtModify":1676535474439,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999422210","repostId":"684709804","repostType":1,"repost":{"id":684709804,"gmtCreate":1660572264310,"gmtModify":1676536737893,"author":{"id":"3562153325372722","authorId":"3562153325372722","name":"白洞计划","avatar":"https://static.tigerbbs.com/cd2556f4dcc3c31e56ddaf4a6701ca92","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"七十年前的科研先輩，會夢見今天的數字中國嗎？","htmlText":"我們的數字中國從何而來？來自在悶熱機房裏俯首的工程師，或是將基站遍佈河山的通訊人？還是世紀之交，堅信互聯網能改變世界莽撞少年。如果再向前追溯就會發現，數字中國夢，萌生於更遙遠的時代。今天，我們就和白洞一起回到50年代。尋一顆參天巨樹的種子，溯一條壯闊河流的源頭。見證新中國第一臺計算機如何在寒窗冷竈中誕生。穿越時空，看歲月長河中，一代代學者、工程師、創業者…如何焚膏繼晷、兀兀窮年，讓夢想代代傳遞。最終在我們手中，成就他們夢中的數字中國。","listText":"我們的數字中國從何而來？來自在悶熱機房裏俯首的工程師，或是將基站遍佈河山的通訊人？還是世紀之交，堅信互聯網能改變世界莽撞少年。如果再向前追溯就會發現，數字中國夢，萌生於更遙遠的時代。今天，我們就和白洞一起回到50年代。尋一顆參天巨樹的種子，溯一條壯闊河流的源頭。見證新中國第一臺計算機如何在寒窗冷竈中誕生。穿越時空，看歲月長河中，一代代學者、工程師、創業者…如何焚膏繼晷、兀兀窮年，讓夢想代代傳遞。最終在我們手中，成就他們夢中的數字中國。","text":"我們的數字中國從何而來？來自在悶熱機房裏俯首的工程師，或是將基站遍佈河山的通訊人？還是世紀之交，堅信互聯網能改變世界莽撞少年。如果再向前追溯就會發現，數字中國夢，萌生於更遙遠的時代。今天，我們就和白洞一起回到50年代。尋一顆參天巨樹的種子，溯一條壯闊河流的源頭。見證新中國第一臺計算機如何在寒窗冷竈中誕生。穿越時空，看歲月長河中，一代代學者、工程師、創業者…如何焚膏繼晷、兀兀窮年，讓夢想代代傳遞。最終在我們手中，成就他們夢中的數字中國。","images":[{"img":"https://static.tigerbbs.com/6873146459ecd6364d3d350f53a483ff"},{"img":"https://static.tigerbbs.com/f81f4a80fe3b45bfd2d67057c13d9967"},{"img":"https://static.tigerbbs.com/fcab6acf31fe2daec94cff20bb720913"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/684709804","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":37,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999426601,"gmtCreate":1660573749505,"gmtModify":1676535470150,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999426601","repostId":"2259049047","repostType":4,"repost":{"id":"2259049047","pubTimestamp":1660572768,"share":"https://www.laohu8.com/m/news/2259049047?lang=&edition=full","pubTime":"2022-08-15 22:12","market":"us","language":"en","title":"Disney Has a Long Way to Go to Catch Up to Netflix","url":"https://stock-news.laohu8.com/highlight/detail?id=2259049047","media":"Motley Fool","summary":"Disney may have overtaken Netflix in terms of total premium streaming subscribers, but it's lagging in just about every category that truly matters.","content":"<html><head></head><body><h2>KEY POINTS</h2><ul><li>Disney closed out its fiscal third quarter with 221.1 million subscribers, surpassing Netflix at 220.7 million paid streaming members.</li><li>Disney&#39;s streaming segment grew twice as fast as Netflix over the past year, but it&#39;s still well behind in revenue, operating profit, and other important categories.</li><li>Netflix has been slipping lately, but Disney could face growing pains as it jacks up its plan prices between now and the end of this year.</li></ul><p>There were a lot of juicy takeaways following <b>Disney</b>&#39;s blowout quarterly report last week, but there&#39;s one deceptive metric echoing in the world of streaming media stocks. Did Disney really overtake <b>Netflix</b> in the subscriber race between premium on-demand video platforms?</p><p>It may seem that way at first glance. Disney&#39;s three owned or majority-owned premium offerings combined for 221.1 million subscribers at the end of June. Netflix dipped sequentially during the three-month period, retreating to 220.7 million members worldwide at the midpoint of 2022. They may be passing ships right now, but there&#39;s more to this important milestone than you probably think.</p><p><img src=\"https://static.tigerbbs.com/1c5eb3870c33363e368f2547b4ff9c26\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Getty Images.</p><h2>Netflix and shill</h2><p>Where were you the moment that Disney passed Netflix in terms of raw subscriber counts? Wednesday afternoon was important as a plot point, but it wasn&#39;t exactly a plot twist. We need to frame things properly before handing Mickey Mouse the keys to the kingdom. For starters, Disney+ didn&#39;t flash its high beams, zoom past Netflix, and see the streaming pioneer shrink in the rearview mirror.</p><p>Disney&#39;s flagship service accounts for 152.1 million of the media giant&#39;s total streaming accounts. It&#39;s a ridiculously impressive feat for a platform that wasn&#39;t even around three years ago, but it&#39;s not up to Netflix&#39;s haul over the years. The numbers include 22.8 million on ESPN+ and another 46.2 million on Hulu, two longer-running offerings that Disney does not fully own but does have a controlling stake in.</p><p>It&#39;s also important to point out that Disney&#39;s been aggressively pushing its bundle that offers all three services at a discounted price. There may be a small number of Netflix users with more than one account, but there&#39;s a lot of overlap with Disney&#39;s 220.7 million, where every bundle customer counts as three different subscribers.</p><p>Let&#39;s also talk about revenue. The most popular midtier plan at Netflix costs $15.49 a month. Disney+ right now goes for a little more than half that at a monthly rate of $7.99. It doesn&#39;t end there. More than a third of of those subscribers are in India, paying a monthly average of $1.20 a month for Disney+ Hotstar, a platform that the House of Mouse acquired three years ago. Back that out and the average subscriber is paying $6.29 a month, less than $7.99 since the service offers discounted annual plans and some members are still taking advantage of a three-year pre-paid plan at a deeply discounted rate that was available at the platform&#39;s launch in November 2019. Throw Disney+ Hotstar back into the mix, and the average monthly revenue that Disney is collecting from its 152.1 million users is just $4.35.</p><p>ESPN+ is setting viewers back an average of $4.55 a month despite its current monthly rate of $6.99 that will bump up to $9.99 next week. Hulu costs more -- and the 4 million cord-cutters on Hulu + Live TV are shelling out <i>a lot</i> more -- but it all adds up to nearly $5.1 billion in revenue for all services combined, an impressive 19% year-over-year increase on the top line.</p><p>In the other corner, we have Netflix with a commanding $8 billion in revenue for the same three-month period, as well as a more modest 9% increase when pitted against last year&#39;s second quarter. Disney also isn&#39;t even close as we work our way down the income statement. Disney doesn&#39;t expect to turn a profit with its direct-to-consumer business until fiscal 2024, clocking in with a nearly $1.1 billion operating loss for the segment. Netflix reported a $1.6 billion operating <i>profit</i>.</p><p>Is the torch, relay race baton, or crown really going from Netflix to Disney? Momentum is going in that direction, but these ships haven&#39;t passed each other just yet. Disney is in the process of dramatically increasing its cover charges. It&#39;s not just ESPN+ going up. There will be churn from folks flinching at the 38% increase for ad-free Disney+. There should also be some turnover in November when the folks that pre-paid for three years of Disney+ have to renew at roughly three times what they paid in late 2019. There&#39;s no denying that Disney has become a major player in the streaming space, and a hearty chunk of that growth has been organic. However, in just about every way -- revenue, operating profit, customer engagement, and the actual number of unique subscribers -- Netflix is still the lion king of the hill.</p><p>Better luck next quarter, Mufasa.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Disney Has a Long Way to Go to Catch Up to Netflix</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\">\nDisney Has a Long Way to Go to Catch Up to Netflix\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-15 22:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/08/15/disney-has-a-long-way-to-go-to-catch-up-to-netflix/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSDisney closed out its fiscal third quarter with 221.1 million subscribers, surpassing Netflix at 220.7 million paid streaming members.Disney's streaming segment grew twice as fast as Netflix...</p>\n\n<a href=\"https://www.fool.com/investing/2022/08/15/disney-has-a-long-way-to-go-to-catch-up-to-netflix/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","BK4550":"红杉资本持仓","BK4532":"文艺复兴科技持仓","NFLX":"奈飞","BK4566":"资本集团","BK4554":"元宇宙及AR概念","BK4524":"宅经济概念","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4108":"电影和娱乐","BK4507":"流媒体概念","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4561":"索罗斯持仓","DIS":"迪士尼","BK4581":"高盛持仓"},"source_url":"https://www.fool.com/investing/2022/08/15/disney-has-a-long-way-to-go-to-catch-up-to-netflix/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2259049047","content_text":"KEY POINTSDisney closed out its fiscal third quarter with 221.1 million subscribers, surpassing Netflix at 220.7 million paid streaming members.Disney's streaming segment grew twice as fast as Netflix over the past year, but it's still well behind in revenue, operating profit, and other important categories.Netflix has been slipping lately, but Disney could face growing pains as it jacks up its plan prices between now and the end of this year.There were a lot of juicy takeaways following Disney's blowout quarterly report last week, but there's one deceptive metric echoing in the world of streaming media stocks. Did Disney really overtake Netflix in the subscriber race between premium on-demand video platforms?It may seem that way at first glance. Disney's three owned or majority-owned premium offerings combined for 221.1 million subscribers at the end of June. Netflix dipped sequentially during the three-month period, retreating to 220.7 million members worldwide at the midpoint of 2022. They may be passing ships right now, but there's more to this important milestone than you probably think.Image source: Getty Images.Netflix and shillWhere were you the moment that Disney passed Netflix in terms of raw subscriber counts? Wednesday afternoon was important as a plot point, but it wasn't exactly a plot twist. We need to frame things properly before handing Mickey Mouse the keys to the kingdom. For starters, Disney+ didn't flash its high beams, zoom past Netflix, and see the streaming pioneer shrink in the rearview mirror.Disney's flagship service accounts for 152.1 million of the media giant's total streaming accounts. It's a ridiculously impressive feat for a platform that wasn't even around three years ago, but it's not up to Netflix's haul over the years. The numbers include 22.8 million on ESPN+ and another 46.2 million on Hulu, two longer-running offerings that Disney does not fully own but does have a controlling stake in.It's also important to point out that Disney's been aggressively pushing its bundle that offers all three services at a discounted price. There may be a small number of Netflix users with more than one account, but there's a lot of overlap with Disney's 220.7 million, where every bundle customer counts as three different subscribers.Let's also talk about revenue. The most popular midtier plan at Netflix costs $15.49 a month. Disney+ right now goes for a little more than half that at a monthly rate of $7.99. It doesn't end there. More than a third of of those subscribers are in India, paying a monthly average of $1.20 a month for Disney+ Hotstar, a platform that the House of Mouse acquired three years ago. Back that out and the average subscriber is paying $6.29 a month, less than $7.99 since the service offers discounted annual plans and some members are still taking advantage of a three-year pre-paid plan at a deeply discounted rate that was available at the platform's launch in November 2019. Throw Disney+ Hotstar back into the mix, and the average monthly revenue that Disney is collecting from its 152.1 million users is just $4.35.ESPN+ is setting viewers back an average of $4.55 a month despite its current monthly rate of $6.99 that will bump up to $9.99 next week. Hulu costs more -- and the 4 million cord-cutters on Hulu + Live TV are shelling out a lot more -- but it all adds up to nearly $5.1 billion in revenue for all services combined, an impressive 19% year-over-year increase on the top line.In the other corner, we have Netflix with a commanding $8 billion in revenue for the same three-month period, as well as a more modest 9% increase when pitted against last year's second quarter. Disney also isn't even close as we work our way down the income statement. Disney doesn't expect to turn a profit with its direct-to-consumer business until fiscal 2024, clocking in with a nearly $1.1 billion operating loss for the segment. Netflix reported a $1.6 billion operating profit.Is the torch, relay race baton, or crown really going from Netflix to Disney? Momentum is going in that direction, but these ships haven't passed each other just yet. Disney is in the process of dramatically increasing its cover charges. It's not just ESPN+ going up. There will be churn from folks flinching at the 38% increase for ad-free Disney+. There should also be some turnover in November when the folks that pre-paid for three years of Disney+ have to renew at roughly three times what they paid in late 2019. There's no denying that Disney has become a major player in the streaming space, and a hearty chunk of that growth has been organic. However, in just about every way -- revenue, operating profit, customer engagement, and the actual number of unique subscribers -- Netflix is still the lion king of the hill.Better luck next quarter, Mufasa.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999190349,"gmtCreate":1660483731784,"gmtModify":1676533478248,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999190349","repostId":"1110057750","repostType":4,"repost":{"id":"1110057750","pubTimestamp":1660446286,"share":"https://www.laohu8.com/m/news/1110057750?lang=&edition=full","pubTime":"2022-08-14 11:04","market":"us","language":"en","title":"Alibaba Stock: Follow Masayoshi Son, Not Charlie Munger","url":"https://stock-news.laohu8.com/highlight/detail?id=1110057750","media":"seekingalpha","summary":"SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to fo","content":"<html><head></head><body><p>Summary</p><ul><li>I explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank&#39;s CEO, Masayoshi Son.</li><li>Mr. Son has decided to reduce his stake in Alibaba from 23.7% to 14.6% - in my opinion, this may create headwinds for BABA in the medium term.</li><li>Investors shouldn&#39;t be fooled by Alibaba&#39;s &#34;low multiples&#34; but to take a broader look at this company and consider all the risks involved.</li><li>Based on a fairly optimistic DCF model, there is a downside of 14% for Alibaba stock.</li><li>The desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.</li></ul><p>Introduction &amp; Thesis</p><p>On March 24, 2020, Bloomberg wrote about Softbank CEO Masayoshi Son&#39;s plans to sell $14 billion worth of Alibaba shares (NYSE:BABA) to shore up the bank&#39;s businesses, which had been battered by the coronavirus pandemic. This was not the first news of attempts by Masayoshi Son, who was one of the first investors in BABA in 2000, to get rid of the company&#39;s shares - according to a press release from the bank, derivative tradeshave been made since 2016. However, $14 billion in 2020 was quite a large amount, and in the medium term, BABA shares began to correct more than the main benchmarks:</p><p><img src=\"https://static.tigerbbs.com/96b0ceefb3d3bed3af27a07fdd9d3a81\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Now we see that Softbank faced the problem of deflating the bubble in high-growth companies after the Corona crisis, and will now further reduce its stake in Alibaba stock (from the current 23.7% to 14.6% after settling $34 billion in prepaid forward contracts).</p><p>As from the very beginning of my coverage of Alibaba stock here on Seeking Alpha, I still believe that investors should not follow on the heels of Charlie Munger - there are too many risks in buying this stock, both geopolitical (U.S.-China tensions, Taiwan) and economic (China&#39;s GDP growth slowdown and housing crisis). The pressure on BABA&#39;s quotes is likely to continue due to these two factors, and Softbank&#39;s sale of forward contracts for such a large amount may add to the headwinds for shareholders.</p><p>Masayoshi Son vs. Charlie Munger</p><p>One of the most frequently cited arguments for buying BABA after its phenomenal &gt;50% off high dip is the fact that one of the most famous Western investors, Charlie Munger, bought and held the stock. According to the 13-F filings by his Daily Journal Corp, the 98-year-old investor began buying BABA in the first quarter of 2021 and gradually increased his position throughout 2021 (from 165,320 shares in the first quarter to 602,060 shares in the fourth quarter) until he decided to sell half of the position in the first quarter of 2022 and has not touched BABA since (which is interpreted by some as a bullish sign).</p><p>In my subjective opinion, a 50% reduction of BABA&#39;s position in Daily Journal Corp. in the first quarter is already a sign of Mr. Munger&#39;s capitulation, as this act is not typical of his position in BofA (BAC) or Wells Fargo (WFC) - compare the position size as of the last reporting date [link above] with the portfolio at the end of 2013 to see for yourself.</p><p>Concerning the unchanged amount of BABA shares in the last reporting quarter, it should be noted that other positions have also remained unchanged - Munger has simply decided not to buy or sell anything. The great investor of the 20th century will likely continue to get rid of his position in Alibaba stock, in my view, if the risks in China escalate. Remember what he said about Russian stocks many years ago (emphasis added):</p><blockquote>When asked about Russia, Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway (BRK.A) (BRK.B), harrumphed: &#34;<i>We don’t invest in kleptocracies.</i>&#34; One investor famously declared after the market’s meltdown in 1998: &#34;I’d rather eat nuclear waste than invest in Russia.&#34;</blockquote><blockquote>[Source]</blockquote><p>If you have been buying BABA solely on Munger&#39;s moves, then I must warn you: if you look at the performance of his Daily Journal Corp [based on Fintel data from 13-Fs], he has not been able to boast of excessive returns for many years:</p><p><img src=\"https://static.tigerbbs.com/f172b8f0ac1e4673cf5741f21754470d\" tg-width=\"640\" tg-height=\"420\" referrerpolicy=\"no-referrer\"/><b>Important note:</b>the reported value (RV) above should not be used as a substitute for Assets Under Management (AUM), as it does not include cash held in accounts.However, RV depletion is also an important criterion to consider.</p><p>I think the risks of investing in the Chinese market are becoming more evident every year. While the country&#39;s GDP grew 6-10% annually from the early 1990s until the pandemic began, these risks were ignored by many Western investors. We saw it even more positively when the Chinese GDP began to recover sharply after the 2020 lockdowns. Now, however, the prospects for similar growth rates are vague, as the real estate market, which has largely allowed China to report huge GDP growth rates in the past, is highly leveraged and in crisis, and the country&#39;s overall population is likely to start shrinking due to the low birth rate (which largely precludes the growth of the economy extensively).</p><blockquote>As recently as 2019 the China Academy of Social Sciences expected the population to peak in 2029, at 1.44 billion. The 2019 United Nations Population Prospects report expected the peak later still, in 2031-32, at 1.46 billion.</blockquote><blockquote>The Shanghai Academy of Social Sciences team predicts an annual average decline of 1.1% after 2021, pushing China&#39;s population down to 587 million in 2100, less than half of what it is today.</blockquote><blockquote>[Source]</blockquote><p>The accumulated problems of the Chinese regime drive Xi to continue trying to expand his sole power, because at first glance it seems more reliable to keep everything in one hand. Given the level of corruption in the country, we are dealing with a kleptocratic state - the reason why Munger avoided investing in Russia after 1998.</p><p>Aside from Masayoshi Son being forced to sell his shares in Alibaba, I think Softbank would have dumped its high stake in the company anyway, feeling the pressure from the Communist Party.</p><p>Exactly one year ago, Nikkei Asia published an article citing Son as to how he sees the pressure on China&#39;s tech sector.</p><blockquote>&#34;I strongly believe that China&#39;s AI technology and business model will continue to innovate,&#34; Son said in a news conference. &#34;However, in investment activities, various new regulations have begun, so I want to wait and see what kind of regulations are implemented and what kind of impact they have on the stock market.&#34;</blockquote><blockquote>[Source]</blockquote><p>A year later, he waited, looked around, and decided to reduce his stake in Alibaba from 23.7% to 14.6%.</p><p>This is a smart move that is not about flooding the market with shares all at once - under the terms of the forward contract, Mr. Son will have the right to buy back his BABA shares. However, it is unlikely that he will do so - in any case, we have not seen this happen since 2016. So, in the coming months, there will be a greater supply of Alibaba shares on the market, which will put additional pressure on prices against the backdrop of geopolitical and macroeconomic risks specific to China.</p><p>The company&#39;s financial profile doesn&#39;t help</p><p>The low multiples that made BABA&#39;s stock seem undervalued compared to U.S. tech giants have gotten even lower over the past six months - in line with the stock price:</p><p><img src=\"https://static.tigerbbs.com/a100fa0a41ade258d26db19f27c2313b\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/>However, it turned out that this underestimation was evidence of the value trap - the slowdown in economic growth and regulatory problems were making themselves felt. Margins continued their downward trend, and the ratio of EBITDA to sales did not return to the level seen before COVID.</p><p><img src=\"https://static.tigerbbs.com/ceb0944814657934f262b18db7db4ec2\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\"/>Sales and earnings growth did not improve as investors expected, so the denominators for most valuation metrics became smaller than the numerators - Seeking Alpha&#39;s factor grade system changed the valuation metric in a negative direction for the company:</p><p>Readers will rightly wonder why the &#34;Profitability&#34; criterion is still rated &#34;A+&#34; against a backdrop of declining business margins and less than stellar ROE / ROA / ROIC indicators. The answer to this question lies in the elements of this criterion - the company&#39;s cash flow from operations (CFO) is the only reason for this superiority over the rest of the sector:</p><p><img src=\"https://static.tigerbbs.com/9f0ad942e9b19cfbee3de08d1b1b2009\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p><img src=\"https://static.tigerbbs.com/98d0b575ede1cd3f09a1e124dd313777\" tg-width=\"360\" tg-height=\"300\" referrerpolicy=\"no-referrer\"/>Indeed, in the Internet and direct marketing retail industry, of which Alibaba is a part, only 58.62% of companies have a positive CFO. Such companies have a CFO to TTM ratio of 7% (median), while BABA has a similar ratio of 17%, making it a true cash cow. However, for a cash cow, the margin of safety of BABA is highly controversial in terms of DCF modeling:</p><p><img src=\"https://static.tigerbbs.com/e33ef5864117b63096db2166e004e764\" tg-width=\"594\" tg-height=\"557\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Even with a fairly optimistic discount rate (10% is low given the risks for the Chinese tech giant) and a very generous assumption of a 15% growth rate over the next 10 years (which is already not the case), there is a downside of 14%, even when adding the tangible book value to the final share price.</p><p>Of course, I could be wrong and the listing of BABA&#39;s shares on the Hong Kong Stock Exchange will create additional demand from investors in mainland China, but it&#39;s not entirely clear what U.S. investors with their ADRs will actually get out of it.</p><p>From this, I conclude that investors shouldn&#39;t be fooled by Alibaba&#39;s &#34;low multiples&#34; but to take a broader look at this company and consider all the risks involved. Then, the desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock: Follow Masayoshi Son, Not Charlie Munger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock: Follow Masayoshi Son, Not Charlie Munger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-14 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank's CEO, Masayoshi Son.Mr. Son has decided to reduce his stake in Alibaba from 23.7% to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1110057750","content_text":"SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank's CEO, Masayoshi Son.Mr. Son has decided to reduce his stake in Alibaba from 23.7% to 14.6% - in my opinion, this may create headwinds for BABA in the medium term.Investors shouldn't be fooled by Alibaba's \"low multiples\" but to take a broader look at this company and consider all the risks involved.Based on a fairly optimistic DCF model, there is a downside of 14% for Alibaba stock.The desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.Introduction & ThesisOn March 24, 2020, Bloomberg wrote about Softbank CEO Masayoshi Son's plans to sell $14 billion worth of Alibaba shares (NYSE:BABA) to shore up the bank's businesses, which had been battered by the coronavirus pandemic. This was not the first news of attempts by Masayoshi Son, who was one of the first investors in BABA in 2000, to get rid of the company's shares - according to a press release from the bank, derivative tradeshave been made since 2016. However, $14 billion in 2020 was quite a large amount, and in the medium term, BABA shares began to correct more than the main benchmarks:Now we see that Softbank faced the problem of deflating the bubble in high-growth companies after the Corona crisis, and will now further reduce its stake in Alibaba stock (from the current 23.7% to 14.6% after settling $34 billion in prepaid forward contracts).As from the very beginning of my coverage of Alibaba stock here on Seeking Alpha, I still believe that investors should not follow on the heels of Charlie Munger - there are too many risks in buying this stock, both geopolitical (U.S.-China tensions, Taiwan) and economic (China's GDP growth slowdown and housing crisis). The pressure on BABA's quotes is likely to continue due to these two factors, and Softbank's sale of forward contracts for such a large amount may add to the headwinds for shareholders.Masayoshi Son vs. Charlie MungerOne of the most frequently cited arguments for buying BABA after its phenomenal >50% off high dip is the fact that one of the most famous Western investors, Charlie Munger, bought and held the stock. According to the 13-F filings by his Daily Journal Corp, the 98-year-old investor began buying BABA in the first quarter of 2021 and gradually increased his position throughout 2021 (from 165,320 shares in the first quarter to 602,060 shares in the fourth quarter) until he decided to sell half of the position in the first quarter of 2022 and has not touched BABA since (which is interpreted by some as a bullish sign).In my subjective opinion, a 50% reduction of BABA's position in Daily Journal Corp. in the first quarter is already a sign of Mr. Munger's capitulation, as this act is not typical of his position in BofA (BAC) or Wells Fargo (WFC) - compare the position size as of the last reporting date [link above] with the portfolio at the end of 2013 to see for yourself.Concerning the unchanged amount of BABA shares in the last reporting quarter, it should be noted that other positions have also remained unchanged - Munger has simply decided not to buy or sell anything. The great investor of the 20th century will likely continue to get rid of his position in Alibaba stock, in my view, if the risks in China escalate. Remember what he said about Russian stocks many years ago (emphasis added):When asked about Russia, Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway (BRK.A) (BRK.B), harrumphed: \"We don’t invest in kleptocracies.\" One investor famously declared after the market’s meltdown in 1998: \"I’d rather eat nuclear waste than invest in Russia.\"[Source]If you have been buying BABA solely on Munger's moves, then I must warn you: if you look at the performance of his Daily Journal Corp [based on Fintel data from 13-Fs], he has not been able to boast of excessive returns for many years:Important note:the reported value (RV) above should not be used as a substitute for Assets Under Management (AUM), as it does not include cash held in accounts.However, RV depletion is also an important criterion to consider.I think the risks of investing in the Chinese market are becoming more evident every year. While the country's GDP grew 6-10% annually from the early 1990s until the pandemic began, these risks were ignored by many Western investors. We saw it even more positively when the Chinese GDP began to recover sharply after the 2020 lockdowns. Now, however, the prospects for similar growth rates are vague, as the real estate market, which has largely allowed China to report huge GDP growth rates in the past, is highly leveraged and in crisis, and the country's overall population is likely to start shrinking due to the low birth rate (which largely precludes the growth of the economy extensively).As recently as 2019 the China Academy of Social Sciences expected the population to peak in 2029, at 1.44 billion. The 2019 United Nations Population Prospects report expected the peak later still, in 2031-32, at 1.46 billion.The Shanghai Academy of Social Sciences team predicts an annual average decline of 1.1% after 2021, pushing China's population down to 587 million in 2100, less than half of what it is today.[Source]The accumulated problems of the Chinese regime drive Xi to continue trying to expand his sole power, because at first glance it seems more reliable to keep everything in one hand. Given the level of corruption in the country, we are dealing with a kleptocratic state - the reason why Munger avoided investing in Russia after 1998.Aside from Masayoshi Son being forced to sell his shares in Alibaba, I think Softbank would have dumped its high stake in the company anyway, feeling the pressure from the Communist Party.Exactly one year ago, Nikkei Asia published an article citing Son as to how he sees the pressure on China's tech sector.\"I strongly believe that China's AI technology and business model will continue to innovate,\" Son said in a news conference. \"However, in investment activities, various new regulations have begun, so I want to wait and see what kind of regulations are implemented and what kind of impact they have on the stock market.\"[Source]A year later, he waited, looked around, and decided to reduce his stake in Alibaba from 23.7% to 14.6%.This is a smart move that is not about flooding the market with shares all at once - under the terms of the forward contract, Mr. Son will have the right to buy back his BABA shares. However, it is unlikely that he will do so - in any case, we have not seen this happen since 2016. So, in the coming months, there will be a greater supply of Alibaba shares on the market, which will put additional pressure on prices against the backdrop of geopolitical and macroeconomic risks specific to China.The company's financial profile doesn't helpThe low multiples that made BABA's stock seem undervalued compared to U.S. tech giants have gotten even lower over the past six months - in line with the stock price:However, it turned out that this underestimation was evidence of the value trap - the slowdown in economic growth and regulatory problems were making themselves felt. Margins continued their downward trend, and the ratio of EBITDA to sales did not return to the level seen before COVID.Sales and earnings growth did not improve as investors expected, so the denominators for most valuation metrics became smaller than the numerators - Seeking Alpha's factor grade system changed the valuation metric in a negative direction for the company:Readers will rightly wonder why the \"Profitability\" criterion is still rated \"A+\" against a backdrop of declining business margins and less than stellar ROE / ROA / ROIC indicators. The answer to this question lies in the elements of this criterion - the company's cash flow from operations (CFO) is the only reason for this superiority over the rest of the sector:Indeed, in the Internet and direct marketing retail industry, of which Alibaba is a part, only 58.62% of companies have a positive CFO. Such companies have a CFO to TTM ratio of 7% (median), while BABA has a similar ratio of 17%, making it a true cash cow. However, for a cash cow, the margin of safety of BABA is highly controversial in terms of DCF modeling:Even with a fairly optimistic discount rate (10% is low given the risks for the Chinese tech giant) and a very generous assumption of a 15% growth rate over the next 10 years (which is already not the case), there is a downside of 14%, even when adding the tangible book value to the final share price.Of course, I could be wrong and the listing of BABA's shares on the Hong Kong Stock Exchange will create additional demand from investors in mainland China, but it's not entirely clear what U.S. investors with their ADRs will actually get out of it.From this, I conclude that investors shouldn't be fooled by Alibaba's \"low multiples\" but to take a broader look at this company and consider all the risks involved. Then, the desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990457268,"gmtCreate":1660402334056,"gmtModify":1676533465098,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990457268","repostId":"1129150866","repostType":4,"repost":{"id":"1129150866","pubTimestamp":1660352614,"share":"https://www.laohu8.com/m/news/1129150866?lang=&edition=full","pubTime":"2022-08-13 09:03","market":"us","language":"en","title":"Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231","url":"https://stock-news.laohu8.com/highlight/detail?id=1129150866","media":"MarketWatch","summary":"Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/e150d7de731c2e2e0ebee4395029900d\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>The S&amp;P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned that it might not be a signal to go all in on equities.</p><p>The S&amp;P 500 on Friday rose 1.7% to close at 4,280.15. The finish above 4,231 would mean the large-cap benchmark has recovered — or retraced — more than 50% of its fall from a Jan. 3 record finish at 4796.56.</p><p>“Since 1950 there has never been a bear market rally that exceeded the 50% retracement and then gone on to make new cycle lows,” said Jonathan Krinsky, chief market technician at BTIG, in a note earlier this month.</p><p>Stocks rose across the board Friday, with the S&amp;P 500 booking a fourth straight weekly gain. The Dow Jones Industrial Average advanced more than 420 points, or 1.3%, on Friday and the Nasdaq Composite rose 2.1%. The S&amp;P 500 attempted to complete the retracement in Thursday’s session, when it traded as high as 4,257.91, but gave up gains to end at 4,207.27.</p><p>Krinsky, in a Thursday update, had noted that an intraday breach of the level doesn’t cut it, but had cautioned that a close above 4,231 would still leave him cautious about the near-term outlook.</p><p>“Because the retracement is based on a closing basis, we would want to see a close above 4,231 to trigger that signal. Whether or not that happens, however, the tactical risk/reward looks poor to us here,” he wrote.</p><p>What’s so special about a 50% retracement? Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…).</p><p>If a number in the sequence is divided by the next number, for example 8 divided by 13, the result is near 0.618, a ratio that’s been dubbed the Golden Mean due to its prevalence in nature in everything from seashells to ocean waves to proportions of the human body. Back on Wall Street, technical analysts see key retracement targets for a rally from a significant low to a significant peak at 38.2%, 50% and 61.8%, while retracements of 23.6% and 76.4% are seen as secondary targets.</p><p>The push above the 50% retracement level during Thursday’s recession may have contributed to a round of selling itself, said Jeff deGraaf, founder of Renaissance Macro Research, in a Friday note.</p><p>He observed that the retracement corresponded to a 65-day high for the S&amp;P 500, offering another indication of an improving trend in a bear market as it represents the highest level of the last rolling quarter. A 65-day high is often seen as a default signal for commodity trading advisers, not just in the S&amp;P 500 but in commodity, bond and forex markets as well.</p><p>“That level coincidentally corresponded with the 50% retracement level of the bear market,” he wrote. “In essence, it forced the hand of one group to cover shorts (CTAs) while simultaneously giving another group (Fibonacci followers) an excuse to sell” on Thursday.</p><p>Krinsky, meanwhile, cautioned that previous 50% retracements in 1974, 2004, and 2009 all saw decent shakeouts shortly after clearing that threshold.</p><p>“Further, as the market has cheered ‘peak inflation’, we are now seeing a quiet resurgence in many commodities, and bonds continue to weaken,” he wrote Thursday.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231</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 Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-13 09:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129150866","content_text":"The S&P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned that it might not be a signal to go all in on equities.The S&P 500 on Friday rose 1.7% to close at 4,280.15. The finish above 4,231 would mean the large-cap benchmark has recovered — or retraced — more than 50% of its fall from a Jan. 3 record finish at 4796.56.“Since 1950 there has never been a bear market rally that exceeded the 50% retracement and then gone on to make new cycle lows,” said Jonathan Krinsky, chief market technician at BTIG, in a note earlier this month.Stocks rose across the board Friday, with the S&P 500 booking a fourth straight weekly gain. The Dow Jones Industrial Average advanced more than 420 points, or 1.3%, on Friday and the Nasdaq Composite rose 2.1%. The S&P 500 attempted to complete the retracement in Thursday’s session, when it traded as high as 4,257.91, but gave up gains to end at 4,207.27.Krinsky, in a Thursday update, had noted that an intraday breach of the level doesn’t cut it, but had cautioned that a close above 4,231 would still leave him cautious about the near-term outlook.“Because the retracement is based on a closing basis, we would want to see a close above 4,231 to trigger that signal. Whether or not that happens, however, the tactical risk/reward looks poor to us here,” he wrote.What’s so special about a 50% retracement? Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…).If a number in the sequence is divided by the next number, for example 8 divided by 13, the result is near 0.618, a ratio that’s been dubbed the Golden Mean due to its prevalence in nature in everything from seashells to ocean waves to proportions of the human body. Back on Wall Street, technical analysts see key retracement targets for a rally from a significant low to a significant peak at 38.2%, 50% and 61.8%, while retracements of 23.6% and 76.4% are seen as secondary targets.The push above the 50% retracement level during Thursday’s recession may have contributed to a round of selling itself, said Jeff deGraaf, founder of Renaissance Macro Research, in a Friday note.He observed that the retracement corresponded to a 65-day high for the S&P 500, offering another indication of an improving trend in a bear market as it represents the highest level of the last rolling quarter. A 65-day high is often seen as a default signal for commodity trading advisers, not just in the S&P 500 but in commodity, bond and forex markets as well.“That level coincidentally corresponded with the 50% retracement level of the bear market,” he wrote. “In essence, it forced the hand of one group to cover shorts (CTAs) while simultaneously giving another group (Fibonacci followers) an excuse to sell” on Thursday.Krinsky, meanwhile, cautioned that previous 50% retracements in 1974, 2004, and 2009 all saw decent shakeouts shortly after clearing that threshold.“Further, as the market has cheered ‘peak inflation’, we are now seeing a quiet resurgence in many commodities, and bonds continue to weaken,” he wrote Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990938402,"gmtCreate":1660269759008,"gmtModify":1676533404479,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990938402","repostId":"2258125737","repostType":4,"repost":{"id":"2258125737","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":1660258760,"share":"https://www.laohu8.com/m/news/2258125737?lang=&edition=full","pubTime":"2022-08-12 06:59","market":"us","language":"en","title":"US STOCKS-Nasdaq, S&P 500 Retreat As Rate Hike Fears Cool Stock Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2258125737","media":"Reuters","summary":"* U.S. producer prices fall in July, underlying inflation slows* Disney tops Netflix on streaming su","content":"<html><head></head><body><p>* U.S. producer prices fall in July, underlying inflation slows</p><p>* Disney tops Netflix on streaming subscribers, shares jump</p><p>* U.S. weekly jobless claims rise for second straight week</p><p>NEW YORK, Aug 11 (Reuters) - The Nasdaq and S&amp;P 500 retreated to close lower on Thursday on the realization the Federal Reserve still needs to aggressively boost interest rates to fully tame rising consumer prices despite fresh evidence of cooling inflation.</p><p>The S&amp;P 500 closed a tad lower after earlier hitting fresh three-month highs following data that showed the U.S. producer price index (PPI) unexpectedly fell in July.</p><p>The drop in PPI raised bets in futures markets that the Fed would hike rates by 50 basis points in September instead of 75 basis points as was expected earlier in the week.</p><p>The S&amp;P 500 and Nasdaq surged more than 2% on Wednesday after a softer-than-expected read on consumer prices. But policy-makers have left little doubt they will tighten monetary policy until inflation pressures fully abate.</p><p>With the labor market showing signs of softness as the number of Americans filing new claims for unemployment benefits rose for the second straight week, the Nasdaq turned lower as investors questioned the economy&#39;s strength.</p><p>&#34;It was a better CPI print yesterday than expected and a better PPI print this morning than forecasted by analysts. So it fit that theme, that peak inflation has occurred as energy continues to decline,&#34; said George Catrambone, head of Americas trading at DWS Group. &#34;But I would be concerned about a head fake.&#34;</p><p>The Dow Jones Industrial Average rose 27.16 points, or 0.08%, to 33,336.67, while the S&amp;P 500 slid 2.97 points, or 0.07%, to 4,207.27 and the Nasdaq Composite dropped 74.89 points, or 0.58%, to 12,779.91.</p><p>Volume on U.S. exchanges was 12.36 billion shares, compared with the 11.06 billion average for the full session over the past 20 trading days.</p><p>Six of the 11 major S&amp;P 500 sectors declined, with health care leading. Energy rose 3.2% to lead gainers and help value stocks advance 0.4% as growth shares fell 0.5%.</p><p>Banks extended their rally with Goldman Sachs and JPMorgan Chase &amp; Co rising 1.1% and 1.5%, respectively.</p><p>Benchmark U.S. Treasury yields hit more than two-week highs as bond investors bet the Fed will press on with hiking rates as inflation is still hot, even though price pressures have eased a bit.</p><p>Demand, as seen by an almost 9% increase in aggregate spending power, is still too strong and may lead the Fed to stay aggressive longer than many hope, said Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions.</p><p>&#34;We&#39;re becoming a little more worried because the Fed might have to do a little bit more work to try to cool that excess demand side of the equation,&#34; Janasiewicz said.</p><p>High-growth stocks that had rallied on Wednesday fell, Tesla Inc down 2.6% and Amazon.com Inc off 1.5%.</p><p>Despite its recent bounce of mid-June lows, the tech-heavy Nasdaq is down about 18% so far this year as fears of an aggressive monetary policy have sapped appetite for equities, particularly high-growth stocks.</p><p>The U.S. central bank has raised its policy rate by 225 basis points since March as it battles to cool demand without sparking a sharp rise in layoffs.</p><p>In earnings-driven news, Walt Disney jumped 4.7% as the media giant edged past rival Netflix Inc with 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.</p><p>Bumble Inc fell 8.6% on cutting its full-year revenue forecast, taking a hit from the Ukraine war, while also grappling with competition from rival Match Group Inc in the online dating market.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.54-to-1 ratio; on Nasdaq, a 1.25-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 69 new highs and 22 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Nasdaq, S&P 500 Retreat As Rate Hike Fears Cool Stock Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Nasdaq, S&P 500 Retreat As Rate Hike Fears Cool Stock Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-12 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. producer prices fall in July, underlying inflation slows</p><p>* Disney tops Netflix on streaming subscribers, shares jump</p><p>* U.S. weekly jobless claims rise for second straight week</p><p>NEW YORK, Aug 11 (Reuters) - The Nasdaq and S&amp;P 500 retreated to close lower on Thursday on the realization the Federal Reserve still needs to aggressively boost interest rates to fully tame rising consumer prices despite fresh evidence of cooling inflation.</p><p>The S&amp;P 500 closed a tad lower after earlier hitting fresh three-month highs following data that showed the U.S. producer price index (PPI) unexpectedly fell in July.</p><p>The drop in PPI raised bets in futures markets that the Fed would hike rates by 50 basis points in September instead of 75 basis points as was expected earlier in the week.</p><p>The S&amp;P 500 and Nasdaq surged more than 2% on Wednesday after a softer-than-expected read on consumer prices. But policy-makers have left little doubt they will tighten monetary policy until inflation pressures fully abate.</p><p>With the labor market showing signs of softness as the number of Americans filing new claims for unemployment benefits rose for the second straight week, the Nasdaq turned lower as investors questioned the economy&#39;s strength.</p><p>&#34;It was a better CPI print yesterday than expected and a better PPI print this morning than forecasted by analysts. So it fit that theme, that peak inflation has occurred as energy continues to decline,&#34; said George Catrambone, head of Americas trading at DWS Group. &#34;But I would be concerned about a head fake.&#34;</p><p>The Dow Jones Industrial Average rose 27.16 points, or 0.08%, to 33,336.67, while the S&amp;P 500 slid 2.97 points, or 0.07%, to 4,207.27 and the Nasdaq Composite dropped 74.89 points, or 0.58%, to 12,779.91.</p><p>Volume on U.S. exchanges was 12.36 billion shares, compared with the 11.06 billion average for the full session over the past 20 trading days.</p><p>Six of the 11 major S&amp;P 500 sectors declined, with health care leading. Energy rose 3.2% to lead gainers and help value stocks advance 0.4% as growth shares fell 0.5%.</p><p>Banks extended their rally with Goldman Sachs and JPMorgan Chase &amp; Co rising 1.1% and 1.5%, respectively.</p><p>Benchmark U.S. Treasury yields hit more than two-week highs as bond investors bet the Fed will press on with hiking rates as inflation is still hot, even though price pressures have eased a bit.</p><p>Demand, as seen by an almost 9% increase in aggregate spending power, is still too strong and may lead the Fed to stay aggressive longer than many hope, said Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions.</p><p>&#34;We&#39;re becoming a little more worried because the Fed might have to do a little bit more work to try to cool that excess demand side of the equation,&#34; Janasiewicz said.</p><p>High-growth stocks that had rallied on Wednesday fell, Tesla Inc down 2.6% and Amazon.com Inc off 1.5%.</p><p>Despite its recent bounce of mid-June lows, the tech-heavy Nasdaq is down about 18% so far this year as fears of an aggressive monetary policy have sapped appetite for equities, particularly high-growth stocks.</p><p>The U.S. central bank has raised its policy rate by 225 basis points since March as it battles to cool demand without sparking a sharp rise in layoffs.</p><p>In earnings-driven news, Walt Disney jumped 4.7% as the media giant edged past rival Netflix Inc with 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.</p><p>Bumble Inc fell 8.6% on cutting its full-year revenue forecast, taking a hit from the Ukraine war, while also grappling with competition from rival Match Group Inc in the online dating market.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.54-to-1 ratio; on Nasdaq, a 1.25-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 69 new highs and 22 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","GS":"高盛","OEX":"标普100","TSLA":"特斯拉","OEF":"标普100指数ETF-iShares","BMBL":"Bumble Inc.","SSO":"两倍做多标普500ETF","AMZN":"亚马逊","SDS":"两倍做空标普500ETF","MTCH":"Match Group, Inc.",".IXIC":"NASDAQ Composite","SH":"标普500反向ETF",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","SPXU":"三倍做空标普500ETF","JPM":"摩根大通","SPY":"标普500ETF","NFLX":"奈飞","UPRO":"三倍做多标普500ETF",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258125737","content_text":"* U.S. producer prices fall in July, underlying inflation slows* Disney tops Netflix on streaming subscribers, shares jump* U.S. weekly jobless claims rise for second straight weekNEW YORK, Aug 11 (Reuters) - The Nasdaq and S&P 500 retreated to close lower on Thursday on the realization the Federal Reserve still needs to aggressively boost interest rates to fully tame rising consumer prices despite fresh evidence of cooling inflation.The S&P 500 closed a tad lower after earlier hitting fresh three-month highs following data that showed the U.S. producer price index (PPI) unexpectedly fell in July.The drop in PPI raised bets in futures markets that the Fed would hike rates by 50 basis points in September instead of 75 basis points as was expected earlier in the week.The S&P 500 and Nasdaq surged more than 2% on Wednesday after a softer-than-expected read on consumer prices. But policy-makers have left little doubt they will tighten monetary policy until inflation pressures fully abate.With the labor market showing signs of softness as the number of Americans filing new claims for unemployment benefits rose for the second straight week, the Nasdaq turned lower as investors questioned the economy's strength.\"It was a better CPI print yesterday than expected and a better PPI print this morning than forecasted by analysts. So it fit that theme, that peak inflation has occurred as energy continues to decline,\" said George Catrambone, head of Americas trading at DWS Group. \"But I would be concerned about a head fake.\"The Dow Jones Industrial Average rose 27.16 points, or 0.08%, to 33,336.67, while the S&P 500 slid 2.97 points, or 0.07%, to 4,207.27 and the Nasdaq Composite dropped 74.89 points, or 0.58%, to 12,779.91.Volume on U.S. exchanges was 12.36 billion shares, compared with the 11.06 billion average for the full session over the past 20 trading days.Six of the 11 major S&P 500 sectors declined, with health care leading. Energy rose 3.2% to lead gainers and help value stocks advance 0.4% as growth shares fell 0.5%.Banks extended their rally with Goldman Sachs and JPMorgan Chase & Co rising 1.1% and 1.5%, respectively.Benchmark U.S. Treasury yields hit more than two-week highs as bond investors bet the Fed will press on with hiking rates as inflation is still hot, even though price pressures have eased a bit.Demand, as seen by an almost 9% increase in aggregate spending power, is still too strong and may lead the Fed to stay aggressive longer than many hope, said Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers Solutions.\"We're becoming a little more worried because the Fed might have to do a little bit more work to try to cool that excess demand side of the equation,\" Janasiewicz said.High-growth stocks that had rallied on Wednesday fell, Tesla Inc down 2.6% and Amazon.com Inc off 1.5%.Despite its recent bounce of mid-June lows, the tech-heavy Nasdaq is down about 18% so far this year as fears of an aggressive monetary policy have sapped appetite for equities, particularly high-growth stocks.The U.S. central bank has raised its policy rate by 225 basis points since March as it battles to cool demand without sparking a sharp rise in layoffs.In earnings-driven news, Walt Disney jumped 4.7% as the media giant edged past rival Netflix Inc with 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials.Bumble Inc fell 8.6% on cutting its full-year revenue forecast, taking a hit from the Ukraine war, while also grappling with competition from rival Match Group Inc in the online dating market.Advancing issues outnumbered declining ones on the NYSE by a 1.54-to-1 ratio; on Nasdaq, a 1.25-to-1 ratio favored advancers.The S&P 500 posted four new 52-week highs and 29 new lows; the Nasdaq Composite recorded 69 new highs and 22 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9907463352,"gmtCreate":1660233209178,"gmtModify":1676529808205,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907463352","repostId":"1103823286","repostType":4,"repost":{"id":"1103823286","pubTimestamp":1660231920,"share":"https://www.laohu8.com/m/news/1103823286?lang=&edition=full","pubTime":"2022-08-11 23:32","market":"hk","language":"en","title":"Alibaba: More Bad News","url":"https://stock-news.laohu8.com/highlight/detail?id=1103823286","media":"Seeking Alpha","summary":"SummaryAlibaba's shares are trading at seemingly attractive valuation multiples but investors should","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Alibaba&#39;s shares are trading at seemingly attractive valuation multiples but investors shouldn&#39;t fall into the trap.</li><li>Prospects for investing in Alibaba have significantly deteriorated in recent weeks.</li><li>Risk-averse investors may want to avoid the stock for the time being.</li></ul><p>Alibaba&#39;s (NYSE:BABA) (OTCPK:BABAF) shares are down over 50% in the last year and many investors are getting tempted to buy. The general rationale is that the stock has fallen enough already and that it should only rally on from here on out. While that might have been a compelling contrarian argument till a few weeks ago, it&#39;s now rife with problems, speculation and stretched assumptions. In this article, I&#39;ll explain why investors may want to avoid the value trap that Alibaba is gradually turning out to be. Let&#39;s take a closer look at it all.</p><p><b>The Valuation Misconception</b></p><p>Let me start by saying that Alibaba&#39;s shares are trading at just 2.1-times its trailing twelve-month sales. This is quite low, especially when considering that the stock used to trade at over 24-times its sales back in 2015. Given this steep discount compared to its own prior levels, contrarian investors have been arguing that the stock is attractively valued and that it doesn&#39;t have much downside potential left from current levels.</p><p>While that sounds like a compelling argument, the problem here is that industry comparables are trading at even more attractive multiples. The chart below should put things in perspective. The X-axis plots the Price-to-Sales (or P/S) multiples for over 25 internet retail stocks that are listed on US bourses. Note how Alibaba is horizontally positioned slightly towards the right, indicating that its trading at levels that are marginally higher than the industry average.</p><p><img src=\"https://static.tigerbbs.com/f5d6db06c8da4548d2002f11348dc0e4\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"/></p><p>BusinessQuant.com</p><p>Now, let&#39;s shift attention to the Y-axis, which plots the revenue growth rates for the same set of companies. Note how Alibaba is vertically positioned much lower than a broad swath of its other listed peers. This suggests that the stock is valued slightly higher than the industry average but its revenue growth rate is lower than most its peers in general. This implies that Alibaba&#39;s shares have room to correct further, in order to justify its subpar growth rate.</p><p>There are at least 14 other stocks classified in the internet retail industry, that are growing faster than Alibaba but trading at lower P/S multiples. This disparity is all the more prominent when we consider that Alibaba&#39;s US-listed shares offer an ownership only in a shell company floated in Cayman Islands, whereas its other attractively-priced US-based peers offer ownership in actual companies. Because of this difference in the nature of securities, Alibaba&#39;s shares should ideally be trading at a discount compared to its US-based peers in the first place, but it&#39;s actually trading at a slight premium instead. This should encourage contrarian investors to reconsider their thesis for the e-commerce giant.</p><p><b>The Growth Slowdown</b></p><p>Moving on, the Chinese government hasn&#39;t hiked its interest rates in recent months, unlike the US. This suggests the Chinese economy will continue growing at a relatively faster pace and companies operating there should, at least in theory, thrive while other global economies stagnate and/or go into recession. This industry tailwind should indeed boost Alibaba&#39;s growth prospects and it&#39;s admittedly a silver lining in the whole contrarian narrative.</p><p>But there&#39;s a problem here as well. Hindering consumer spending in Q3 may trigger a more profound slowdown for Alibaba and other similarly positioned Chinese e-commerce companies, negating the positives of low interest rates in the country. This is gradually reflected in the Street&#39;s forecasts - note how analysts have been gradually lowering their revenue estimates for the company in nearly every passing week.</p><p><img src=\"https://static.tigerbbs.com/e2fe58214fe586338142e205e80429ea\" tg-width=\"637\" tg-height=\"437\" referrerpolicy=\"no-referrer\"/></p><p>Ycharts</p><p>This situation should again encourage investors to rethink their rationale for Alibaba.</p><p><b>The Delisting Risk</b></p><p>Lastly, contrarian investors are hopeful that delisting fears pertaining to Alibaba are exaggerated and not really a matter of concern. However, the risk is very real. The SEC published a yet another list about 10 days ago, noting that Alibaba and 270 other Chinese companies will be forcefully delisted from US bourses if they don&#39;t open up for audit inspections.</p><p>Chinese regulators had reassured investors earlier this year that they&#39;re going to work with the SEC and comply with their audit requirements, in order to prevent mass delisting of Chinese stocks from US bourses. But I&#39;ve been warning investors that the regulators haven&#39;t been making any progress and the risk remains. The prospect of such progress seems even more unlikely now.</p><p>One might argue that Alibaba is listed on Hong Kong bourses so a delisting in the US won&#39;t make a difference. But it will. The prospect of Alibaba&#39;s shares getting delisted in the US, is likely to prompt a mass selloff by institutional investors that have mandates to invest in only US stocks. Besides, the financial cost of owning Hong Kong-listed stocks is far higher for US citizens, so retail investors are likely to sell their shares too in large numbers.</p><p>Moreover, it&#39;s not like Hong Kong-listed shares have been performing any better than their US-listed shares. Both the stocks have continuously declined for the better part of the past year and I expect the downtrend to continue in Hong Kong listed shares going forward as well, given the deteriorating growth prospects for Alibaba as a company and its stretched valuation in general.</p><p><img src=\"https://static.tigerbbs.com/e429e60a44011b271d8005a772849ddd\" tg-width=\"640\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/></p><p>Yahoo Finance</p><p><b>Final Thoughts</b></p><p>There&#39;s no denying that Alibaba has grown its top line at a rapid rate in the past decade. The company has expanded its operations over time and its different revenue streams have all continued to grow over the years. This is a commendable feat and an enviable position to be in.</p><p><img src=\"https://static.tigerbbs.com/44d14b4467c4d87ffa64fe2f60f01bb1\" tg-width=\"640\" tg-height=\"672\" referrerpolicy=\"no-referrer\"/></p><p>BusinessQuant.com</p><p>However, there are now several risks associated with investing in Alibaba, namely decelerating revenue growth, the risk of getting delisted from US exchanges and its relatively pricey valuations in general. So, risk-averse investors may want to avoid investing in Alibaba for the time being at least. The stock seems tempting at current levels, but it&#39;s rife with issues.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: More Bad News</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: More Bad News\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-11 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4532407-alibaba-more-bad-news?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A3><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba's shares are trading at seemingly attractive valuation multiples but investors shouldn't fall into the trap.Prospects for investing in Alibaba have significantly deteriorated in recent ...</p>\n\n<a href=\"https://seekingalpha.com/article/4532407-alibaba-more-bad-news?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"source_url":"https://seekingalpha.com/article/4532407-alibaba-more-bad-news?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103823286","content_text":"SummaryAlibaba's shares are trading at seemingly attractive valuation multiples but investors shouldn't fall into the trap.Prospects for investing in Alibaba have significantly deteriorated in recent weeks.Risk-averse investors may want to avoid the stock for the time being.Alibaba's (NYSE:BABA) (OTCPK:BABAF) shares are down over 50% in the last year and many investors are getting tempted to buy. The general rationale is that the stock has fallen enough already and that it should only rally on from here on out. While that might have been a compelling contrarian argument till a few weeks ago, it's now rife with problems, speculation and stretched assumptions. In this article, I'll explain why investors may want to avoid the value trap that Alibaba is gradually turning out to be. Let's take a closer look at it all.The Valuation MisconceptionLet me start by saying that Alibaba's shares are trading at just 2.1-times its trailing twelve-month sales. This is quite low, especially when considering that the stock used to trade at over 24-times its sales back in 2015. Given this steep discount compared to its own prior levels, contrarian investors have been arguing that the stock is attractively valued and that it doesn't have much downside potential left from current levels.While that sounds like a compelling argument, the problem here is that industry comparables are trading at even more attractive multiples. The chart below should put things in perspective. The X-axis plots the Price-to-Sales (or P/S) multiples for over 25 internet retail stocks that are listed on US bourses. Note how Alibaba is horizontally positioned slightly towards the right, indicating that its trading at levels that are marginally higher than the industry average.BusinessQuant.comNow, let's shift attention to the Y-axis, which plots the revenue growth rates for the same set of companies. Note how Alibaba is vertically positioned much lower than a broad swath of its other listed peers. This suggests that the stock is valued slightly higher than the industry average but its revenue growth rate is lower than most its peers in general. This implies that Alibaba's shares have room to correct further, in order to justify its subpar growth rate.There are at least 14 other stocks classified in the internet retail industry, that are growing faster than Alibaba but trading at lower P/S multiples. This disparity is all the more prominent when we consider that Alibaba's US-listed shares offer an ownership only in a shell company floated in Cayman Islands, whereas its other attractively-priced US-based peers offer ownership in actual companies. Because of this difference in the nature of securities, Alibaba's shares should ideally be trading at a discount compared to its US-based peers in the first place, but it's actually trading at a slight premium instead. This should encourage contrarian investors to reconsider their thesis for the e-commerce giant.The Growth SlowdownMoving on, the Chinese government hasn't hiked its interest rates in recent months, unlike the US. This suggests the Chinese economy will continue growing at a relatively faster pace and companies operating there should, at least in theory, thrive while other global economies stagnate and/or go into recession. This industry tailwind should indeed boost Alibaba's growth prospects and it's admittedly a silver lining in the whole contrarian narrative.But there's a problem here as well. Hindering consumer spending in Q3 may trigger a more profound slowdown for Alibaba and other similarly positioned Chinese e-commerce companies, negating the positives of low interest rates in the country. This is gradually reflected in the Street's forecasts - note how analysts have been gradually lowering their revenue estimates for the company in nearly every passing week.YchartsThis situation should again encourage investors to rethink their rationale for Alibaba.The Delisting RiskLastly, contrarian investors are hopeful that delisting fears pertaining to Alibaba are exaggerated and not really a matter of concern. However, the risk is very real. The SEC published a yet another list about 10 days ago, noting that Alibaba and 270 other Chinese companies will be forcefully delisted from US bourses if they don't open up for audit inspections.Chinese regulators had reassured investors earlier this year that they're going to work with the SEC and comply with their audit requirements, in order to prevent mass delisting of Chinese stocks from US bourses. But I've been warning investors that the regulators haven't been making any progress and the risk remains. The prospect of such progress seems even more unlikely now.One might argue that Alibaba is listed on Hong Kong bourses so a delisting in the US won't make a difference. But it will. The prospect of Alibaba's shares getting delisted in the US, is likely to prompt a mass selloff by institutional investors that have mandates to invest in only US stocks. Besides, the financial cost of owning Hong Kong-listed stocks is far higher for US citizens, so retail investors are likely to sell their shares too in large numbers.Moreover, it's not like Hong Kong-listed shares have been performing any better than their US-listed shares. Both the stocks have continuously declined for the better part of the past year and I expect the downtrend to continue in Hong Kong listed shares going forward as well, given the deteriorating growth prospects for Alibaba as a company and its stretched valuation in general.Yahoo FinanceFinal ThoughtsThere's no denying that Alibaba has grown its top line at a rapid rate in the past decade. The company has expanded its operations over time and its different revenue streams have all continued to grow over the years. This is a commendable feat and an enviable position to be in.BusinessQuant.comHowever, there are now several risks associated with investing in Alibaba, namely decelerating revenue growth, the risk of getting delisted from US exchanges and its relatively pricey valuations in general. So, risk-averse investors may want to avoid investing in Alibaba for the time being at least. The stock seems tempting at current levels, but it's rife with issues.","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904757414,"gmtCreate":1660099048040,"gmtModify":1703477916842,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904757414","repostId":"2258257550","repostType":4,"repost":{"id":"2258257550","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":1660095786,"share":"https://www.laohu8.com/m/news/2258257550?lang=&edition=full","pubTime":"2022-08-10 09:43","market":"us","language":"en","title":"Elon Musk Sells 7.92 Million Tesla Shares Worth $6.9 Billion - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2258257550","media":"Reuters","summary":"Aug 9  - Tesla IncChief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9 billion, securities filings showed on Tuesday.Musk said in April \"no further TSLA sales planned,\" after he sold $8.5 billion worth of Tesla shares - sales likely aimed at helping finance his planned purchase of Twitter Inc.Tesla did not immediately respond to a Reuters request for comment.Musk offloaded the shares between Aug. 5 and Aug.9, according to the filings. After the ","content":"<html><head></head><body><p>Aug 9 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9 billion, securities filings showed on Tuesday.</p><p>Musk said in April &#34;no further TSLA sales planned,&#34; after he sold $8.5 billion worth of Tesla shares - sales likely aimed at helping finance his planned purchase of Twitter Inc.</p><p>Tesla did not immediately respond to a Reuters request for comment.</p><p>Musk offloaded the shares between Aug. 5 and Aug.9, according to the filings. After the latest stock sale, he now owns 155.04 million shares in Tesla.</p><p>Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on July 20, also helped by the Biden administration&#39;s climate bill that aims to lift the cap on tax credits for electric vehicles.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Sells 7.92 Million Tesla Shares Worth $6.9 Billion - SEC Filing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Sells 7.92 Million Tesla Shares Worth $6.9 Billion - SEC Filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-10 09:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 9 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9 billion, securities filings showed on Tuesday.</p><p>Musk said in April &#34;no further TSLA sales planned,&#34; after he sold $8.5 billion worth of Tesla shares - sales likely aimed at helping finance his planned purchase of Twitter Inc.</p><p>Tesla did not immediately respond to a Reuters request for comment.</p><p>Musk offloaded the shares between Aug. 5 and Aug.9, according to the filings. After the latest stock sale, he now owns 155.04 million shares in Tesla.</p><p>Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on July 20, also helped by the Biden administration&#39;s climate bill that aims to lift the cap on tax credits for electric vehicles.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258257550","content_text":"Aug 9 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9 billion, securities filings showed on Tuesday.Musk said in April \"no further TSLA sales planned,\" after he sold $8.5 billion worth of Tesla shares - sales likely aimed at helping finance his planned purchase of Twitter Inc.Tesla did not immediately respond to a Reuters request for comment.Musk offloaded the shares between Aug. 5 and Aug.9, according to the filings. After the latest stock sale, he now owns 155.04 million shares in Tesla.Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on July 20, also helped by the Biden administration's climate bill that aims to lift the cap on tax credits for electric 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/ 十界出品 / 節點財經近期，字節跳動旗下飛書招聘於日前公佈了一項新功能，該功能支持候選人自主選擇面試時間，旨在減輕HR在批量約面中的工作壓力，加速大規模招聘的進程。將人納入管理，已經成爲現在飛書業務的核心關鍵詞。圍繞這一目標，飛書的功能正在全面升級。今年5月，飛書對外發布了飛書People系列產品，進一步集成打通了飛書招聘、飛書人事、飛書績效與飛書OKR等多個人事管理產品，以“人才”爲業務流程核心，實現了從投遞簡歷開始，包含招聘、評價、激勵、培養的全週期管理。飛書在 2016 年面世至今，在短短的五年時間裏，飛書開始飛速的發展。在近日舉行的2022稀土開發者大會·技術管理與領導力構建論壇中，飛書項目負責人洪濤透露，理想汽車、莉莉絲、Keep、獵聘等企業已成飛書項目客戶。據官方介紹，飛書項目是面向大型團隊的專業項目管理平臺，通過打造標準化的流程，加速項目上線，管控項目風險。字節跳動正在加大對飛書的投入。當前的飛書，一方面通過飛書Office，強調辦公協作，另一方面，通過飛People，進行組織管理。飛書的定位從企業協同平臺，升級爲企業協同與管理平臺。飛書CEO謝欣表示，“飛書People已經打造多年，是圍繞組織裏‘人’的全週期解決方案，通過飛書People的應用，我們希望能讓管理者擁有人才管理的全景視角，使人才的價值最大化，管理的難度最小化。”在外海市場，飛書也同樣在加速。去年年底，晚點LatePost曾報道，字節跳動旗下企業協同辦公平臺Lark（海外版飛書）將在2022年加快海外商業化進度，並定下了5年內全球做到60億的營收目標。Lark在此前修改了LOGO，從一封飛書變爲一隻飛鳥。“lark”這一詞的原意即爲雲雀，可以說非常形象貼切。在晚點LatePost的報道中，一位飛書人士表示：“海外企業的付費意願更高，且在成熟市場的新公司仍有機會，這是企業微信、釘釘尚未發力","listText":"文 / 十界出品 / 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節點財經近期，字節跳動旗下飛書招聘於日前公佈了一項新功能，該功能支持候選人自主選擇面試時間，旨在減輕HR在批量約面中的工作壓力，加速大規模招聘的進程。將人納入管理，已經成爲現在飛書業務的核心關鍵詞。圍繞這一目標，飛書的功能正在全面升級。今年5月，飛書對外發布了飛書People系列產品，進一步集成打通了飛書招聘、飛書人事、飛書績效與飛書OKR等多個人事管理產品，以“人才”爲業務流程核心，實現了從投遞簡歷開始，包含招聘、評價、激勵、培養的全週期管理。飛書在 2016 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一場關乎場景的高質量碰撞“告別繁花似錦，進入耐心緩慢的場景週期。”場景週期是什麼？場景到底重不重要，爲什麼成爲當下高頻詞？我們從這麼一場活動中大概率找到了答案。每年立秋之時，總有這麼一場關乎新物種和場景的思想盛宴讓人期待，今年的「新物種爆炸·吳聲商業方法發佈2022」如約而至，主題「心流不息」。起初，筆者對「心流不息」這個概念比較模糊，在第6年之際，之所以定調這個主題，場景方法論提出者、場景實驗室創始人吳聲給出了答案，“我們確信數字時代的生存策略，場景涌現，心流不息。” 可見場景的價值凸顯。活動的規格不用多說，已成爲新商業趨勢年度大賞，被業界譽爲「瞭解中國互聯網商業發展趨勢必聽盛會」，對過去一年的商業世界進行揭祕和梳理，並作新","images":[{"img":"https://static.tigerbbs.com/c3c85148fc860f9d4332810dd85aefdc"},{"img":"https://static.tigerbbs.com/d410943a4c249180e3d0cb5af5f7f45c"},{"img":"https://static.tigerbbs.com/6ee6b7a3069654bba77e466ea4f1f8be"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/684959664","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904254252,"gmtCreate":1660058613279,"gmtModify":1703477425314,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904254252","repostId":"1105480511","repostType":4,"repost":{"id":"1105480511","pubTimestamp":1660059180,"share":"https://www.laohu8.com/m/news/1105480511?lang=&edition=full","pubTime":"2022-08-09 23:33","market":"us","language":"en","title":"Vanguard High Dividend Yield ETF: The Best Offense Is Defense","url":"https://stock-news.laohu8.com/highlight/detail?id=1105480511","media":"Seeking Alpha","summary":"SummaryWith a 30-day SEC yield of only 2.89%, Vanguard's High Dividend Yield ETF doesn't offer what many investors would consider to be a \"high dividend yield\".However, the fund's \"value\" oriented por","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>With a 30-day SEC yield of only 2.89%, Vanguard&#39;s High Dividend Yield ETF doesn&#39;t offer what many investors would consider to be a &#34;high dividend yield&#34;.</li><li>However, the fund&#39;s &#34;value&#34; oriented portfolio is well positioned for today&#39;s volatile and uncertain market and has outperformed the S&amp;P 500 by 8% over the past year.</li><li>That proves the old football saying that sometimes &#34;the best offense is a great defense&#34;.</li><li>Today, I&#39;ll take a closer look at the VYM ETF and see if it makes sense for an allocation within your portfolio.</li></ul><p>While the <b>Vanguard High Dividend Yield ETF</b>(NYSEARCA:VYM) may not offer an eye-popping yield (it&#39;s only 2.89%), the value oriented fund appears to be well-positioned for today&#39;s uncertain and volatile market. That&#39;s because VYM&#39;s portfolio is over-weight in the Financials, Health Care, Energy, and Consumer Staples sectors. That is, sectors that are considered to be defensive in nature, represent &#34;value&#34;, and typically do well during times of high inflation and rising interest rates. As a result, it is not surprising that VYM has outperformed the S&amp;P 500 by ~8% over the past year. That being the case, I&#39;ll take a closer look at the Vanguard High Dividend Yield ETF today in order to see if it may make sense for an allocation within your portfolio.</p><p><b>Investment Thesis</b></p><p>As many of you know, during the recent rip-roaring bull market that ended in a bear market this year, growth stocks clobbered value and dividend paying stocks. However, all it took was a bear market to remind investors there is real &#34;value&#34; in having a diversified portfolio that contains an allocation to dividend paying stocks.</p><p>Indeed, investors need only look at the scoreboard on Seeking Alpha&#39;s homepage to see what has taken place over the past year and the past three years:</p><p><img src=\"https://static.tigerbbs.com/5a1fa4f0227283ab1a4d10a6604a3773\" tg-width=\"590\" tg-height=\"228\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>As can be seen in the graphic, although the &#34;high dividend yield&#34; and &#34;dividend growth&#34; growth categories have significantly outperformed &#34;growth&#34; over the past year, the 3-Year returns speak for themselves. That being the case, an ETF like VYM can add some stability or ballast to a portfolio in times of rocky and volatile markets. I&#39;d argue that the current high-inflation and rising interest rate market is therefore an excellent time for investors to consider a lower-risk &#34;value&#34; oriented ETF like VYM.</p><p>So let&#39;s take a look to see how the VYM has positioned investors for success going forward.</p><p><b>Top-10 Holdings</b></p><p>The top-10 holdings in the Vanguard High Dividend Yield ETF are shown below and equate to what I consider to be a relatively well-diversified 23.5% of the entire 443 stock portfolio:</p><p><img src=\"https://static.tigerbbs.com/ffe701e7e31e6ec5815613add46c7d4c\" tg-width=\"418\" tg-height=\"469\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p>The #1 holding is <b>Johnson &amp; Johnson</b>(JNJ) with a 3.5% weight. The well-diversified healthcare and pharmaceuticals company is down only 1.5% over the past year, pays a $4.52/share annual dividend, and currently yields 2.5%.</p><p><b>Exxon Mobil</b>(XOM) is the #2 holding and - combined with the #6 holding<b>Chevron</b>(CVX) - represents a 4.8% weighting in the O&amp;G sector within VYM&#39;s top-10 holdings. Exxon delivered$16.9 billion in free-cash-flow in Q2 while Chevron&#39;s profits soared in Q2 and crushed consensus estimates. Exxon currently yields 3.97% while Chevron yields 3.59%. The stocks of both companies are up over 50% during the past 12-months.</p><p>The fund&#39;s top-10 holdings have an aggregate 6.3% weight in big pharma companies <b>Pfizer</b>(PFE), <b>Eli Lilly</b>(LLY), and <b>AbbVie</b>(ABBV). The three companies yield 3.2%, 1.2%, and 4.0%, respectively. All three companies have held up very well during the bear market - each one significantly outperforming the S&amp;P 500:</p><p><img src=\"https://static.tigerbbs.com/c88ae4ec9c4d959d34fe1fe823c35e4f\" tg-width=\"1280\" tg-height=\"877\" referrerpolicy=\"no-referrer\"/>PFEdata by YCharts</p><p><b>Coca-Cola</b>(KO) rounds out the top-10 with a 1.8% weight. Coke is up 12.2% over the past year and currently yields 2.71%.</p><p>As far as the entire portfolio is concerned, the allocation of capital is weighted toward defensive sectors (or what some investors consider to be &#34;value&#34;) that typically outperform in periods of high-inflation and rising interest rates. Indeed, the Consumer Staples, Energy, Financials, and Health Care sectors, in aggregate, account for 57.5% of the entire portfolio:</p><p><img src=\"https://static.tigerbbs.com/3cfaeef61efcd2e6b2c024c34fcd17fa\" tg-width=\"500\" tg-height=\"549\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p>Meantime, note that a more value and yield oriented portfolio means that the VYM ETF trades at a significant discount to the overall market:</p><p><img src=\"https://static.tigerbbs.com/0dcd70a83908904ec2b865d7a462965b\" tg-width=\"339\" tg-height=\"336\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p>The current P/E and price-to-book ratios of the S&amp;P 500 are20.9xand4.5x, respectively. So not only do shareholders get a better yield than the S&amp;P 500&#39;s1.5%, but I would argue they also have a considerably less risky asset that is trading at a deeply discounted value as compared to the broad market. The other side of the coin is that the EPS growth rate of 11.0% won&#39;t be that impressive to growth-oriented investors.</p><p><b>Performance</b></p><p>The graphic below compares the one-year performance of the VYM ETF against that of a competing fund - the <b>Schwab U.S. Dividend Equity ETF</b>(SCHD) - and the major market indexes as represented by the (VOO), (DIA), and (QQQ) ETFs:</p><p><img src=\"https://static.tigerbbs.com/3d35c76bed22ae7cd82643423b510b92\" tg-width=\"1280\" tg-height=\"903\" referrerpolicy=\"no-referrer\"/>VYM Total Return Level data by YCharts</p><p>As you can see, the VYM ETF comes out on top and has outperformed the SCHD ETF by 1.5%+. The VYM ETF&#39;s long-term track record is shown below:</p><p><img src=\"https://static.tigerbbs.com/ec9bcf7978a099deaee1183cf7eeecdf\" tg-width=\"629\" tg-height=\"153\" referrerpolicy=\"no-referrer\"/></p><p>Vanguard</p><p>As can be seen by the graphic, the VYM ETF has delivered a 10-year average annual return of a very solid, but unspectacular, 11.5%.</p><p><b>Risks</b></p><p>The VYM ETF is not unlike any other broad market fund these days and is therefore subject to the typical risks associated with COVID-19, high inflation, rising interest rates, a potential global economic slowdown, and Putin&#39;s horrific war-of-choice with Ukraine as well as rising tensions as a result of the China/Taiwan/U.S. controversy. That said, I would argue that the VYM ETF is much less risky as compared to the S&amp;P 500, DJIA, or Nasdaq-100.</p><p>VYM&#39;s expense fee is 0.06%, and like most Vanguard funds, is a very cost-efficient fund. The median market cap in the portfolio is $130 billion, and the fund has assets of $55.6 billion. That being the case, I have no liquidity related concerns whatsoever.</p><p><b>Summary &amp; Conclusions</b></p><p>Though the Vanguard High Dividend Yield ETF only yields 2.89%, I find the ETF to be quite attractive here. In my opinion, the portfolio is very well constructed to navigate through the current high-inflation and rising interest rate environment. The value-oriented portfolio trades at a significant discount to the S&amp;P 500 while also having an arguably lower risk profile. For those investors looking for decent - though unspectacular - income and have been building up cash to invest in the market, they could certainly do worse than allocating some capital to the VYM ETF, which I rate a BUY.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vanguard High Dividend Yield ETF: The Best Offense Is Defense</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\">\nVanguard High Dividend Yield ETF: The Best Offense Is Defense\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-09 23:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4531331-vanguard-high-dividend-yield-etf-the-best-offense-is-defense><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWith a 30-day SEC yield of only 2.89%, Vanguard's High Dividend Yield ETF doesn't offer what many investors would consider to be a \"high dividend yield\".However, the fund's \"value\" oriented ...</p>\n\n<a href=\"https://seekingalpha.com/article/4531331-vanguard-high-dividend-yield-etf-the-best-offense-is-defense\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VYM":"红利股ETF-Vanguard"},"source_url":"https://seekingalpha.com/article/4531331-vanguard-high-dividend-yield-etf-the-best-offense-is-defense","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105480511","content_text":"SummaryWith a 30-day SEC yield of only 2.89%, Vanguard's High Dividend Yield ETF doesn't offer what many investors would consider to be a \"high dividend yield\".However, the fund's \"value\" oriented portfolio is well positioned for today's volatile and uncertain market and has outperformed the S&P 500 by 8% over the past year.That proves the old football saying that sometimes \"the best offense is a great defense\".Today, I'll take a closer look at the VYM ETF and see if it makes sense for an allocation within your portfolio.While the Vanguard High Dividend Yield ETF(NYSEARCA:VYM) may not offer an eye-popping yield (it's only 2.89%), the value oriented fund appears to be well-positioned for today's uncertain and volatile market. That's because VYM's portfolio is over-weight in the Financials, Health Care, Energy, and Consumer Staples sectors. That is, sectors that are considered to be defensive in nature, represent \"value\", and typically do well during times of high inflation and rising interest rates. As a result, it is not surprising that VYM has outperformed the S&P 500 by ~8% over the past year. That being the case, I'll take a closer look at the Vanguard High Dividend Yield ETF today in order to see if it may make sense for an allocation within your portfolio.Investment ThesisAs many of you know, during the recent rip-roaring bull market that ended in a bear market this year, growth stocks clobbered value and dividend paying stocks. However, all it took was a bear market to remind investors there is real \"value\" in having a diversified portfolio that contains an allocation to dividend paying stocks.Indeed, investors need only look at the scoreboard on Seeking Alpha's homepage to see what has taken place over the past year and the past three years:Seeking AlphaAs can be seen in the graphic, although the \"high dividend yield\" and \"dividend growth\" growth categories have significantly outperformed \"growth\" over the past year, the 3-Year returns speak for themselves. That being the case, an ETF like VYM can add some stability or ballast to a portfolio in times of rocky and volatile markets. I'd argue that the current high-inflation and rising interest rate market is therefore an excellent time for investors to consider a lower-risk \"value\" oriented ETF like VYM.So let's take a look to see how the VYM has positioned investors for success going forward.Top-10 HoldingsThe top-10 holdings in the Vanguard High Dividend Yield ETF are shown below and equate to what I consider to be a relatively well-diversified 23.5% of the entire 443 stock portfolio:VanguardThe #1 holding is Johnson & Johnson(JNJ) with a 3.5% weight. The well-diversified healthcare and pharmaceuticals company is down only 1.5% over the past year, pays a $4.52/share annual dividend, and currently yields 2.5%.Exxon Mobil(XOM) is the #2 holding and - combined with the #6 holdingChevron(CVX) - represents a 4.8% weighting in the O&G sector within VYM's top-10 holdings. Exxon delivered$16.9 billion in free-cash-flow in Q2 while Chevron's profits soared in Q2 and crushed consensus estimates. Exxon currently yields 3.97% while Chevron yields 3.59%. The stocks of both companies are up over 50% during the past 12-months.The fund's top-10 holdings have an aggregate 6.3% weight in big pharma companies Pfizer(PFE), Eli Lilly(LLY), and AbbVie(ABBV). The three companies yield 3.2%, 1.2%, and 4.0%, respectively. All three companies have held up very well during the bear market - each one significantly outperforming the S&P 500:PFEdata by YChartsCoca-Cola(KO) rounds out the top-10 with a 1.8% weight. Coke is up 12.2% over the past year and currently yields 2.71%.As far as the entire portfolio is concerned, the allocation of capital is weighted toward defensive sectors (or what some investors consider to be \"value\") that typically outperform in periods of high-inflation and rising interest rates. Indeed, the Consumer Staples, Energy, Financials, and Health Care sectors, in aggregate, account for 57.5% of the entire portfolio:VanguardMeantime, note that a more value and yield oriented portfolio means that the VYM ETF trades at a significant discount to the overall market:VanguardThe current P/E and price-to-book ratios of the S&P 500 are20.9xand4.5x, respectively. So not only do shareholders get a better yield than the S&P 500's1.5%, but I would argue they also have a considerably less risky asset that is trading at a deeply discounted value as compared to the broad market. The other side of the coin is that the EPS growth rate of 11.0% won't be that impressive to growth-oriented investors.PerformanceThe graphic below compares the one-year performance of the VYM ETF against that of a competing fund - the Schwab U.S. Dividend Equity ETF(SCHD) - and the major market indexes as represented by the (VOO), (DIA), and (QQQ) ETFs:VYM Total Return Level data by YChartsAs you can see, the VYM ETF comes out on top and has outperformed the SCHD ETF by 1.5%+. The VYM ETF's long-term track record is shown below:VanguardAs can be seen by the graphic, the VYM ETF has delivered a 10-year average annual return of a very solid, but unspectacular, 11.5%.RisksThe VYM ETF is not unlike any other broad market fund these days and is therefore subject to the typical risks associated with COVID-19, high inflation, rising interest rates, a potential global economic slowdown, and Putin's horrific war-of-choice with Ukraine as well as rising tensions as a result of the China/Taiwan/U.S. controversy. That said, I would argue that the VYM ETF is much less risky as compared to the S&P 500, DJIA, or Nasdaq-100.VYM's expense fee is 0.06%, and like most Vanguard funds, is a very cost-efficient fund. The median market cap in the portfolio is $130 billion, and the fund has assets of $55.6 billion. That being the case, I have no liquidity related concerns whatsoever.Summary & ConclusionsThough the Vanguard High Dividend Yield ETF only yields 2.89%, I find the ETF to be quite attractive here. In my opinion, the portfolio is very well constructed to navigate through the current high-inflation and rising interest rate environment. The value-oriented portfolio trades at a significant discount to the S&P 500 while also having an arguably lower risk profile. For those investors looking for decent - though unspectacular - income and have been building up cash to invest in the market, they could certainly do worse than allocating some capital to the VYM ETF, which I rate a BUY.","news_type":1},"isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9089736030,"gmtCreate":1650032663012,"gmtModify":1676534632656,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089736030","repostId":"1129630254","repostType":4,"repost":{"id":"1129630254","pubTimestamp":1650036330,"share":"https://www.laohu8.com/m/news/1129630254?lang=&edition=full","pubTime":"2022-04-15 23:25","market":"us","language":"en","title":"7 Warren Buffett Dividend Stocks With The Highest Yields","url":"https://stock-news.laohu8.com/highlight/detail?id=1129630254","media":"Benzinga","summary":"When it comes to playing defense, Buffett's stocks are always high-quality investments.Chevron and V","content":"<html><head></head><body><ul><li>When it comes to playing defense, Buffett&#39;s stocks are always high-quality investments.</li><li>Chevron and Verizon are among those stocks.</li></ul><p>The stock market rally has run out of steam so far in 2022 as investors grow increasingly concerned about elevated inflation and the potential for aggressive Federal Reserve interest rate hikes. The U.S. economic outlook is uncertain, the war in Ukraine is uncertain and the valuation of growth stocks is uncertain as interest rates start to rise.</p><p>Fortunately, <b>Berkshire Hathaway Inc.</b> CEO <b>Warren Buffett</b> is perhaps the most popular and successful value investor of all time.</p><p>When it comes to playing defense, Buffett&#39;s stocks are always high-quality investments, and a handful of them even pay sizable dividends as well. Here are the seven Buffett stocks to buy with the highest dividend yields.</p><p><b><a href=\"https://laohu8.com/S/STOR\">Store Capital Corp</a></b></p><p>Store Capital is an internally managed net-leasereal estate investmenttrust (REIT).</p><p>Store shares are down about 13.8% so far in 2022, but the stock&#39;s weakness has pushed its dividend yield up to 5.2%, the highest of any stock Buffett currently owns. A large portion of Store&#39;s income comes from restaurants, health clubs, movie theaters and other businesses that could see a strong rebound this year.</p><p>Buffett first invested in Store Capital back in the second quarter of 2017. His current stake of about 24.4 million shares is worth more than $722.4 million.</p><p><b><a href=\"https://laohu8.com/S/VZ\">Verizon Communications Inc.</a></b></p><p>Verizon is the largest U.S. wireless carrier. It&#39;s also one of the highest-yielding stocks in the Buffett portfolio with a dividend of 4.7%.</p><p>Verizon shares have bucked the negative market trend so far in 2022, gaining 4.5% year-to-date even before factoring in the dividend. Buffett first invested aggressively in Verizon in the fourth quarter of 2020. There are several aspects of Verizon shares that likely attracted Buffett, including its valuation, its relatively stable business, its high margins and its resistance to an economic downturn.</p><p>Berkshire holds about 158.8 million shares of VZ stock worth more than $8.6 billion.</p><p><b><a href=\"https://laohu8.com/S/KHC\">Kraft Heinz Co</a></b></p><p>Kraft Heinz is one of the largest consumer packaged food and beverage companies in the world. Not only is Kraft Heinz one of Buffett&#39;s highest-yielding dividend stocks, it&#39;s also one of Berkshire&#39;s five largest overall holdings.</p><p>Kraft Heinz has been a bright spot for Buffett so far in 2022, gaining 16.6% year-to-date. Even after the stock&#39;s rally, Kraft Heinz shares still pay a 3.8% dividend.</p><p>Buffett first invested in Kraft Heinz back in the third quarter of 2015. His current stake of about 325.6 million shares is worth more than $13.5 billion.</p><p><b><a href=\"https://laohu8.com/S/USB\">US Bancorp</a></b></p><p>U.S. Bancorp is the sixth-largest U.S. bank by deposits. It&#39;s also one of the highest-yielding Buffett stocks with a dividend of 3.6%.</p><p>Buffett is known for his love of bank stocks, but yield curves have been frustratingly flat for bank investors even as the Federal Reserve has moved to aggressively raise interest rates to combat inflation. U.S. Bancorp shares are down about 10.7% so far in 2022.</p><p>Buffett first invested in U.S. Bancorp way back in the first quarter of 2006. His current stake of about 144 million shares is worth more than $7.2 billion.</p><p><b><a href=\"https://laohu8.com/S/ABBV\">AbbVie Inc</a></b></p><p>AbbVie is a global research-based pharmaceuticals business, and its lead product is rheumatoid arthritis drug Humira. It&#39;s also one of the highest-yielding stocks in the Buffett portfolio with a dividend of 3.3%.</p><p>AbbVie shares have also bucked the negative market trend so far in 2022, gaining 17.2% year-to-date even before factoring in the dividend. Buffett first invested in AbbVie in the third quarter of 2020. In recent quarters, Buffett has been dumping his healthcare stocks, and AbbVie is no exception.</p><p>Berkshire now holds about 3 million shares of ABBV stock worth more than $410.7 million, but he sold about 78% of his stake in the fourth quarter of 2021.</p><p><b><a href=\"https://laohu8.com/S/CVX\">Chevron Corporation</a></b></p><p>Oil major Chevron is one of Buffett&#39;s newest investments, and it has been a home run so far.</p><p>Buffett first invested in Chevron in the fourth quarter of 2020, and the stock is up 68% in the past year as oil and gas prices have skyrocketed. Even after the big run, Chevron shares still pay a sizable 3.3% dividend, and Buffett is still loving the stock. Berkshire&#39;s most recent quarterly filings revealed Buffett raised his stake in Chevron by about 33% in the most recent quarter.</p><p>As of the end of 2021, Berkshire held about 38.2 million shares of Chevron worth more than $6.5 billion.</p><p><b><a href=\"https://laohu8.com/S/BK\">Bank of New York Mellon Corp</a></b></p><p>Bank of New York Mellon is a leading global asset servicer, providing securities processing, asset management and servicing to institutional and individual clients. It&#39;s also one of the highest-yielding Buffett stocks with a dividend of 2.8%.</p><p>Bank of New York Mellon investors are likely frustrated that interest rates are finally rising and the stock is still lagging the overall market. BK shares are down about 17% so far in 2022.</p><p>Buffett first invested in U.S. Bancorp way back in the third quarter of 2010. His current stake of about 47.3 million shares is worth more than $3.5 billion.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Warren Buffett Dividend Stocks With The Highest Yields</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\">\n7 Warren Buffett Dividend Stocks With The Highest Yields\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-15 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/long-ideas/22/04/26634190/7-warren-buffett-dividend-stocks-with-the-highest-yields><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When it comes to playing defense, Buffett's stocks are always high-quality investments.Chevron and Verizon are among those stocks.The stock market rally has run out of steam so far in 2022 as ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/04/26634190/7-warren-buffett-dividend-stocks-with-the-highest-yields\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK":"纽约梅隆银行","USB":"美国合众银行","BRK.A":"伯克希尔","ABBV":"艾伯维公司","VZ":"威瑞森","STOR":"STORE Capital","CVX":"雪佛龙","BRK.B":"伯克希尔B","KHC":"卡夫亨氏"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/22/04/26634190/7-warren-buffett-dividend-stocks-with-the-highest-yields","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129630254","content_text":"When it comes to playing defense, Buffett's stocks are always high-quality investments.Chevron and Verizon are among those stocks.The stock market rally has run out of steam so far in 2022 as investors grow increasingly concerned about elevated inflation and the potential for aggressive Federal Reserve interest rate hikes. The U.S. economic outlook is uncertain, the war in Ukraine is uncertain and the valuation of growth stocks is uncertain as interest rates start to rise.Fortunately, Berkshire Hathaway Inc. CEO Warren Buffett is perhaps the most popular and successful value investor of all time.When it comes to playing defense, Buffett's stocks are always high-quality investments, and a handful of them even pay sizable dividends as well. Here are the seven Buffett stocks to buy with the highest dividend yields.Store Capital CorpStore Capital is an internally managed net-leasereal estate investmenttrust (REIT).Store shares are down about 13.8% so far in 2022, but the stock's weakness has pushed its dividend yield up to 5.2%, the highest of any stock Buffett currently owns. A large portion of Store's income comes from restaurants, health clubs, movie theaters and other businesses that could see a strong rebound this year.Buffett first invested in Store Capital back in the second quarter of 2017. His current stake of about 24.4 million shares is worth more than $722.4 million.Verizon Communications Inc.Verizon is the largest U.S. wireless carrier. It's also one of the highest-yielding stocks in the Buffett portfolio with a dividend of 4.7%.Verizon shares have bucked the negative market trend so far in 2022, gaining 4.5% year-to-date even before factoring in the dividend. Buffett first invested aggressively in Verizon in the fourth quarter of 2020. There are several aspects of Verizon shares that likely attracted Buffett, including its valuation, its relatively stable business, its high margins and its resistance to an economic downturn.Berkshire holds about 158.8 million shares of VZ stock worth more than $8.6 billion.Kraft Heinz CoKraft Heinz is one of the largest consumer packaged food and beverage companies in the world. Not only is Kraft Heinz one of Buffett's highest-yielding dividend stocks, it's also one of Berkshire's five largest overall holdings.Kraft Heinz has been a bright spot for Buffett so far in 2022, gaining 16.6% year-to-date. Even after the stock's rally, Kraft Heinz shares still pay a 3.8% dividend.Buffett first invested in Kraft Heinz back in the third quarter of 2015. His current stake of about 325.6 million shares is worth more than $13.5 billion.US BancorpU.S. Bancorp is the sixth-largest U.S. bank by deposits. It's also one of the highest-yielding Buffett stocks with a dividend of 3.6%.Buffett is known for his love of bank stocks, but yield curves have been frustratingly flat for bank investors even as the Federal Reserve has moved to aggressively raise interest rates to combat inflation. U.S. Bancorp shares are down about 10.7% so far in 2022.Buffett first invested in U.S. Bancorp way back in the first quarter of 2006. His current stake of about 144 million shares is worth more than $7.2 billion.AbbVie IncAbbVie is a global research-based pharmaceuticals business, and its lead product is rheumatoid arthritis drug Humira. It's also one of the highest-yielding stocks in the Buffett portfolio with a dividend of 3.3%.AbbVie shares have also bucked the negative market trend so far in 2022, gaining 17.2% year-to-date even before factoring in the dividend. Buffett first invested in AbbVie in the third quarter of 2020. In recent quarters, Buffett has been dumping his healthcare stocks, and AbbVie is no exception.Berkshire now holds about 3 million shares of ABBV stock worth more than $410.7 million, but he sold about 78% of his stake in the fourth quarter of 2021.Chevron CorporationOil major Chevron is one of Buffett's newest investments, and it has been a home run so far.Buffett first invested in Chevron in the fourth quarter of 2020, and the stock is up 68% in the past year as oil and gas prices have skyrocketed. Even after the big run, Chevron shares still pay a sizable 3.3% dividend, and Buffett is still loving the stock. Berkshire's most recent quarterly filings revealed Buffett raised his stake in Chevron by about 33% in the most recent quarter.As of the end of 2021, Berkshire held about 38.2 million shares of Chevron worth more than $6.5 billion.Bank of New York Mellon CorpBank of New York Mellon is a leading global asset servicer, providing securities processing, asset management and servicing to institutional and individual clients. It's also one of the highest-yielding Buffett stocks with a dividend of 2.8%.Bank of New York Mellon investors are likely frustrated that interest rates are finally rising and the stock is still lagging the overall market. BK shares are down about 17% so far in 2022.Buffett first invested in U.S. Bancorp way back in the third quarter of 2010. His current stake of about 47.3 million shares is worth more than $3.5 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9072598210,"gmtCreate":1658055587230,"gmtModify":1676536099314,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072598210","repostId":"2249540083","repostType":4,"repost":{"id":"2249540083","pubTimestamp":1658021139,"share":"https://www.laohu8.com/m/news/2249540083?lang=&edition=full","pubTime":"2022-07-17 09:25","market":"uk","language":"en","title":"Tycoon Whose Bet Broke the Nickel Market Walks Away a Billionaire","url":"https://stock-news.laohu8.com/highlight/detail?id=2249540083","media":"Bloomberg","summary":"SINGAPORE (BLOOMBERG) --By 2.08pm Shanghai time on March 8, it was clear that Xiang Guangda's giant ","content":"<html><head></head><body><p>SINGAPORE (BLOOMBERG) --By 2.08pm Shanghai time on March 8, it was clear that Xiang Guangda&#39;s giant bet on a fall in nickel prices was going spectacularly wrong.</p><p>Futures had just skyrocketed above US$100,000 a ton and his trade was more than US$10 billion underwater. It was threatening not only to bankrupt Mr Xiang&#39;s company, but to trigger a Lehman Brothers-like shock through the entire metals industry and possibly topple the London Metal Exchange (LME) itself.</p><p>But Mr Xiang was calm. Within hours, more than 50 bankers had arrived at his office wanting to hear how he planned to respond to the crisis. He told them simply: &#34;I&#39;m confident that we will overcome this.&#34;</p><p>And he did.</p><p>Four months on, the nickel price is falling, as Mr Xiang had predicted. The coterie of banks led by JPMorgan Chase &amp; Co that were baying for his blood has been repaid. He has closed out nearly all his short position in nickel, making a loss on the trade of about US$1 billion - a manageable sum given the profits being generated elsewhere in his business empire, say people who know him.</p><p>Crucially: the man nicknamed &#39;Big Shot&#39; in Chinese commodities circles is poised to walk away from the fiasco with his multibillion-dollar mining and steelmaking company, Tsingshan Holding Group, intact and even expanding.</p><p>But while Mr Xiang moves on, others are left dealing with the destruction wrought by the crisis. His miraculous escape was thanks in no small part to the actions of the LME, which controversially intervened to prevent prices from rising and then suspended trading until Mr Xiang had struck a deal with his banks.</p><p>Those on the other side of the trade, who lost billions, were furious. Months later, the LME is dealing with a raft of investigations and lawsuits, and the nickel market is still reeling.</p><p>&#34;Nice to see that @jpmorgan and The Big Shot got out of this whole thing with only scratches,&#34; Cliff Asness, founder of AQR Capital Management, said last week in a tweet thick with sarcasm. &#34;It&#39;s just heart warming.&#34;</p><p>This account of how Mr Xiang extricated himself from a short squeeze that rocked the global metals markets is based on numerous interviews with people who were involved, all of whom requested anonymity. Multiple attempts to seek comment from Tsingshan were unsuccessful.</p><h2>Massive short squeeze</h2><p>Mr Xiang had built up his massive short position in late 2021 and early 2022 partly as a hedge, partly as a bet that a planned jump in Tsingshan&#39;s production this year would drag down prices. But when Russia&#39;s invasion of Ukraine jolted global markets, nickel started climbing - gradually at first, before rocketing 250 per cent in an epic squeeze.</p><p>On the evening of March 8, senior bankers crowded into a room at Tsingshan&#39;s headquarters demanding answers. Others dialed in for video calls from London or Singapore. Of those present, some didn&#39;t leave until early the next morning.</p><p>More On This TopicXiang Guangda, the metals &#39;visionary&#39; who brought nickel market to a standstillNickel trading halted after unprecedented 250% spike amid Russia supply fears</p><p>The crowd that night was so large because Mr Xiang&#39;s position was spread across about 10 banks and brokers - he had been a good client for many of them, including JPMorgan, for years. But after nickel started spiking on March 7, Tsingshan struggled to meet its margin calls. Now he owed each of them hundreds of millions of dollars.</p><p>The LME had eventually intervened to halt trading a couple of hours after nickel hit US$100,000. It also canceled billions of dollars of transactions, bringing the price back to US$48,078, where it closed the previous day, in what amounted to a lifeline for Mr Xiang and Tsingshan.</p><p>To reopen the market, the LME proposed a solution: Mr Xiang should strike a deal with holders of long positions to close out his trade. But a price of around US$50,000 would be more than twice the level at which he had entered his short position, and would mean accepting billions of dollars in losses.</p><p>Mr Xiang, who is in his early 60s, stood firm. From a start making frames for car doors and windows in Wenzhou, eastern China, he&#39;d built Tsingshan into the world&#39;s largest nickel and stainless steel producer, with an empire stretching from mines in remote Indonesian islands to steel mills on China&#39;s east coast. Along the way, he&#39;d acquired a reputation for visionary thinking and a taste for betting big.</p><p>The spike in prices and the trading freeze caused havoc for companies that use nickel, like stainless steel mills and makers of batteries for electric vehicles. Some simply stopped taking new orders. On the LME, dealers were left frantically trying to recoup missed margin calls from clients who couldn&#39;t pay, and at least one had to seek financial support from its parent company.</p><p>Yet with unprecedented chaos rippling through the industry, Mr Xiang - still facing his bankers in the early hours of March 9 - had a key advantage. They were more terrified than he was.</p><p>If he refused to pay, they would have to chase him in courts in Indonesia and China. What&#39;s more, he had executed his nickel trade through a variety of corporate entities - such as the Hong Kong branch of battery unit Ruipu Energy - and it wasn&#39;t clear the banks would even have the right to seize Tsingshan&#39;s most valuable assets.</p><p>JPMorgan, which had the biggest exposure, took the lead. The group included some international players like Standard Chartered Bank and BNP Paribas, but many were Chinese and Singaporean banks that had little experience handling a situation like this.</p><h2>Personal guarantee</h2><p>Mr Xiang told the assembled bankers he had no intention of closing the position anywhere near US$50,000. A few hours later he was delivering the same message to Matthew Chamberlain, chief executive of the LME. Tsingshan was a strong company, he said, and it had the support of the Chinese government. There would be no backing down.</p><p>Instead, he wrote a list of the assets he was willing to put up as collateral: a string of ferronickel plants in Indonesia. But for some of the bankers, that wasn&#39;t enough. They wouldn&#39;t be able to do any due diligence on the Indonesian assets for weeks or months, and even those who worked closely with Tsingshan hadn&#39;t seen the facilities for years because of the pandemic.</p><p>So Mr Xiang made a further concession that was both valuable and, in Chinese business culture, humbling: a personal guarantee. If Tsingshan didn&#39;t pay its debts, the bankers could turf him out of his home. That was what he was willing to offer. Take it or leave it.</p><p>More On This TopicMetal traders reel as nickel chaos recalls market&#39;s darkest daysLondon Metal Exchange CEO calls for more powers to intervene as nickel trading halt continues</p><p>It wasn&#39;t much of a choice. On March 14, a week after the chaos that engulfed the nickel market, Tsingshan announced a deal with its banks under which they agreed not to pursue the company for the billions it owed for a period of time. In exchange, Mr Xiang agreed a series of price levels at which he would reduce his nickel position once prices dropped below about US$30,000.</p><p>When the market reopened two days later, prices moved lower, easing the strain on Mr Xiang and the banks. A brief dip below US$30,000 allowed Tsingshan to cover about 20 per cent of its short position.</p><p>The pressure on the LME was only intensifying, however. The exchange&#39;s regulators launched reviews of its governance and oversight and many hedge funds were still furious at the LME&#39;s decision to cancel trades.Open interest across the exchange&#39;s six main metals slid to the lowest in more than a decade as traders headed for the exit.</p><p>Each month, Tsingshan and its banks reviewed their standstill agreement. After the initial dip, nickel spent long stretches in limbo with prices hovering around US$33,000.</p><p>It was a nervous time. Tsingshan still had a vast short position, meaning it and its banks could still be exposed to large losses if prices started rising again - for example, if sanctions against Russia led to an actual disruption in nickel supplies, which so far they hadn&#39;t.</p><p>Finally, in May, prices tumbled decisively below the key US$30,000 level after China&#39;s lockdowns dented metals market sentiment. Over the following weeks, Tsingshan reduced its position - which in early March had been over 150,000 tons - to just 60,000 tons.</p><p>By this point, prices were below the level at which Tsingshan had stopped being able to pay its margin calls in early March, which meant Mr Xiang no longer owed the banks any money.</p><p>By the end of June Mr Xiang had exited his position entirely with JPMorgan and several other banks, leaving him with a remaining short of less than 20,000 tons.</p><p>People familiar with the matter estimate Tsingshan&#39;s losses on the trade at around US$1 billion. Mr Xiang isn&#39;t concerned. The loss has been roughly offset by the profits of his nickel operations over the same period. The standstill agreement, which Mr Xiang extended from the initial three months, is set to expire in mid-July.</p><p>Now &#39;Big Shot&#39; is moving on with his life, focusing on plans for the future at Tsingshan, which had revenues of US$56 billion last year. His ability to trade on the LME may be reduced, for now at least, but he is still able to trade on the Shanghai Futures Exchange. He has ambitions to expand, not only in Asia, but also to Africa. And Tsingshan is as powerful as ever in the nickel market: a massive increase in production from his plants in Indonesia is one of the key factors driving prices lower, much as Mr Xiang predicted.</p><p>But while Mr Xiang may be moving on, the LME is still dealing with the fallout. Regulators have pointed to the chaos in nickel as a sign of the risks lurking in commodity markets, and called for greater oversight of the entire sector. Hedge fund Elliot Investment Management and trading firm Jane Street have launched legal action against the LME, seeking nearly US$500 million.</p><p>And the nickel market is still broken, say people involved in it, with both open interest and trading volumes stuck at sharply lower levels as traders step away from using LME prices in their contracts. Jim Lennon, a veteran nickel market-watcher and managing director of Red Door Research, estimates that less than 25 per cent of global nickel output is now being sold on the basis of LME prices, down from 50 per cent before the crisis in March.</p><p>&#34;A lot of the industry now has temporarily disengaged from the LME,&#34; he says. &#34;The market is still functioning, but it&#39;s struggling.&#34;</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tycoon Whose Bet Broke the Nickel Market Walks Away a Billionaire</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\">\nTycoon Whose Bet Broke the Nickel Market Walks Away a Billionaire\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-17 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/tycoon-whose-bet-broke-the-nickel-market-walks-away-a-billionaire><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) --By 2.08pm Shanghai time on March 8, it was clear that Xiang Guangda's giant bet on a fall in nickel prices was going spectacularly wrong.Futures had just skyrocketed above US$...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/tycoon-whose-bet-broke-the-nickel-market-walks-away-a-billionaire\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NICK.UK":"镍ETF","JJN":"镍ETN-iPath","NIC.AU":"Nickel Industries Ltd"},"source_url":"https://www.straitstimes.com/business/companies-markets/tycoon-whose-bet-broke-the-nickel-market-walks-away-a-billionaire","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249540083","content_text":"SINGAPORE (BLOOMBERG) --By 2.08pm Shanghai time on March 8, it was clear that Xiang Guangda's giant bet on a fall in nickel prices was going spectacularly wrong.Futures had just skyrocketed above US$100,000 a ton and his trade was more than US$10 billion underwater. It was threatening not only to bankrupt Mr Xiang's company, but to trigger a Lehman Brothers-like shock through the entire metals industry and possibly topple the London Metal Exchange (LME) itself.But Mr Xiang was calm. Within hours, more than 50 bankers had arrived at his office wanting to hear how he planned to respond to the crisis. He told them simply: \"I'm confident that we will overcome this.\"And he did.Four months on, the nickel price is falling, as Mr Xiang had predicted. The coterie of banks led by JPMorgan Chase & Co that were baying for his blood has been repaid. He has closed out nearly all his short position in nickel, making a loss on the trade of about US$1 billion - a manageable sum given the profits being generated elsewhere in his business empire, say people who know him.Crucially: the man nicknamed 'Big Shot' in Chinese commodities circles is poised to walk away from the fiasco with his multibillion-dollar mining and steelmaking company, Tsingshan Holding Group, intact and even expanding.But while Mr Xiang moves on, others are left dealing with the destruction wrought by the crisis. His miraculous escape was thanks in no small part to the actions of the LME, which controversially intervened to prevent prices from rising and then suspended trading until Mr Xiang had struck a deal with his banks.Those on the other side of the trade, who lost billions, were furious. Months later, the LME is dealing with a raft of investigations and lawsuits, and the nickel market is still reeling.\"Nice to see that @jpmorgan and The Big Shot got out of this whole thing with only scratches,\" Cliff Asness, founder of AQR Capital Management, said last week in a tweet thick with sarcasm. \"It's just heart warming.\"This account of how Mr Xiang extricated himself from a short squeeze that rocked the global metals markets is based on numerous interviews with people who were involved, all of whom requested anonymity. Multiple attempts to seek comment from Tsingshan were unsuccessful.Massive short squeezeMr Xiang had built up his massive short position in late 2021 and early 2022 partly as a hedge, partly as a bet that a planned jump in Tsingshan's production this year would drag down prices. But when Russia's invasion of Ukraine jolted global markets, nickel started climbing - gradually at first, before rocketing 250 per cent in an epic squeeze.On the evening of March 8, senior bankers crowded into a room at Tsingshan's headquarters demanding answers. Others dialed in for video calls from London or Singapore. Of those present, some didn't leave until early the next morning.More On This TopicXiang Guangda, the metals 'visionary' who brought nickel market to a standstillNickel trading halted after unprecedented 250% spike amid Russia supply fearsThe crowd that night was so large because Mr Xiang's position was spread across about 10 banks and brokers - he had been a good client for many of them, including JPMorgan, for years. But after nickel started spiking on March 7, Tsingshan struggled to meet its margin calls. Now he owed each of them hundreds of millions of dollars.The LME had eventually intervened to halt trading a couple of hours after nickel hit US$100,000. It also canceled billions of dollars of transactions, bringing the price back to US$48,078, where it closed the previous day, in what amounted to a lifeline for Mr Xiang and Tsingshan.To reopen the market, the LME proposed a solution: Mr Xiang should strike a deal with holders of long positions to close out his trade. But a price of around US$50,000 would be more than twice the level at which he had entered his short position, and would mean accepting billions of dollars in losses.Mr Xiang, who is in his early 60s, stood firm. From a start making frames for car doors and windows in Wenzhou, eastern China, he'd built Tsingshan into the world's largest nickel and stainless steel producer, with an empire stretching from mines in remote Indonesian islands to steel mills on China's east coast. Along the way, he'd acquired a reputation for visionary thinking and a taste for betting big.The spike in prices and the trading freeze caused havoc for companies that use nickel, like stainless steel mills and makers of batteries for electric vehicles. Some simply stopped taking new orders. On the LME, dealers were left frantically trying to recoup missed margin calls from clients who couldn't pay, and at least one had to seek financial support from its parent company.Yet with unprecedented chaos rippling through the industry, Mr Xiang - still facing his bankers in the early hours of March 9 - had a key advantage. They were more terrified than he was.If he refused to pay, they would have to chase him in courts in Indonesia and China. What's more, he had executed his nickel trade through a variety of corporate entities - such as the Hong Kong branch of battery unit Ruipu Energy - and it wasn't clear the banks would even have the right to seize Tsingshan's most valuable assets.JPMorgan, which had the biggest exposure, took the lead. The group included some international players like Standard Chartered Bank and BNP Paribas, but many were Chinese and Singaporean banks that had little experience handling a situation like this.Personal guaranteeMr Xiang told the assembled bankers he had no intention of closing the position anywhere near US$50,000. A few hours later he was delivering the same message to Matthew Chamberlain, chief executive of the LME. Tsingshan was a strong company, he said, and it had the support of the Chinese government. There would be no backing down.Instead, he wrote a list of the assets he was willing to put up as collateral: a string of ferronickel plants in Indonesia. But for some of the bankers, that wasn't enough. They wouldn't be able to do any due diligence on the Indonesian assets for weeks or months, and even those who worked closely with Tsingshan hadn't seen the facilities for years because of the pandemic.So Mr Xiang made a further concession that was both valuable and, in Chinese business culture, humbling: a personal guarantee. If Tsingshan didn't pay its debts, the bankers could turf him out of his home. That was what he was willing to offer. Take it or leave it.More On This TopicMetal traders reel as nickel chaos recalls market's darkest daysLondon Metal Exchange CEO calls for more powers to intervene as nickel trading halt continuesIt wasn't much of a choice. On March 14, a week after the chaos that engulfed the nickel market, Tsingshan announced a deal with its banks under which they agreed not to pursue the company for the billions it owed for a period of time. In exchange, Mr Xiang agreed a series of price levels at which he would reduce his nickel position once prices dropped below about US$30,000.When the market reopened two days later, prices moved lower, easing the strain on Mr Xiang and the banks. A brief dip below US$30,000 allowed Tsingshan to cover about 20 per cent of its short position.The pressure on the LME was only intensifying, however. The exchange's regulators launched reviews of its governance and oversight and many hedge funds were still furious at the LME's decision to cancel trades.Open interest across the exchange's six main metals slid to the lowest in more than a decade as traders headed for the exit.Each month, Tsingshan and its banks reviewed their standstill agreement. After the initial dip, nickel spent long stretches in limbo with prices hovering around US$33,000.It was a nervous time. Tsingshan still had a vast short position, meaning it and its banks could still be exposed to large losses if prices started rising again - for example, if sanctions against Russia led to an actual disruption in nickel supplies, which so far they hadn't.Finally, in May, prices tumbled decisively below the key US$30,000 level after China's lockdowns dented metals market sentiment. Over the following weeks, Tsingshan reduced its position - which in early March had been over 150,000 tons - to just 60,000 tons.By this point, prices were below the level at which Tsingshan had stopped being able to pay its margin calls in early March, which meant Mr Xiang no longer owed the banks any money.By the end of June Mr Xiang had exited his position entirely with JPMorgan and several other banks, leaving him with a remaining short of less than 20,000 tons.People familiar with the matter estimate Tsingshan's losses on the trade at around US$1 billion. Mr Xiang isn't concerned. The loss has been roughly offset by the profits of his nickel operations over the same period. The standstill agreement, which Mr Xiang extended from the initial three months, is set to expire in mid-July.Now 'Big Shot' is moving on with his life, focusing on plans for the future at Tsingshan, which had revenues of US$56 billion last year. His ability to trade on the LME may be reduced, for now at least, but he is still able to trade on the Shanghai Futures Exchange. He has ambitions to expand, not only in Asia, but also to Africa. And Tsingshan is as powerful as ever in the nickel market: a massive increase in production from his plants in Indonesia is one of the key factors driving prices lower, much as Mr Xiang predicted.But while Mr Xiang may be moving on, the LME is still dealing with the fallout. Regulators have pointed to the chaos in nickel as a sign of the risks lurking in commodity markets, and called for greater oversight of the entire sector. Hedge fund Elliot Investment Management and trading firm Jane Street have launched legal action against the LME, seeking nearly US$500 million.And the nickel market is still broken, say people involved in it, with both open interest and trading volumes stuck at sharply lower levels as traders step away from using LME prices in their contracts. Jim Lennon, a veteran nickel market-watcher and managing director of Red Door Research, estimates that less than 25 per cent of global nickel output is now being sold on the basis of LME prices, down from 50 per cent before the crisis in March.\"A lot of the industry now has temporarily disengaged from the LME,\" he says. \"The market is still functioning, but it's struggling.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034601981,"gmtCreate":1647868536105,"gmtModify":1676534273571,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034601981","repostId":"1135376786","repostType":4,"repost":{"id":"1135376786","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1647863764,"share":"https://www.laohu8.com/m/news/1135376786?lang=&edition=full","pubTime":"2022-03-21 19:56","market":"us","language":"en","title":"Pre-Bell｜Nasdaq and S&P 500 Futures Erased Losses; Boeing Sank Nearly 6% ","url":"https://stock-news.laohu8.com/highlight/detail?id=1135376786","media":"Tiger Newspress","summary":"U.S. equity futures steadied as crude oil extended a climb and investors monitored diplomatic effort","content":"<html><head></head><body><p>U.S. equity futures steadied as crude oil extended a climb and investors monitored diplomatic efforts to bring an end to Russia’s almost month-old war in Ukraine.S&amp;P 500 and Nasdaq 100 contracts erased an earlier loss Monday after the underlying indexes posted their best five-day streak since November 2020.</p><p><b>Market Snapshot</b></p><p>At 7:50 a.m. ET, Dow e-minis were down 50 points, or 0.14%, S&amp;P 500 e-minis were up 3.75 points, or 0.08%, and Nasdaq 100 e-minis were up 5.25 points, or 0.04%.<img src=\"https://static.tigerbbs.com/1d6350b11cef78ca55f19146ee9e19b3\" tg-width=\"321\" tg-height=\"124\" width=\"100%\" height=\"auto\"/><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/BA\">Boeing</a></b> – A Boeing 737-800 jet operated by China Eastern Airlines crashed in the mountains of southern China with 132 people aboard, with no immediate word on casualties. Boeing shares sank 5.8% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/PLAN\">Anaplan Inc.</a></b> – Anaplan agreed to be bought out by private-equity firm Thoma Bravo for $10.7 billion, or $66 per share in cash. The business planning software company’s stock had closed at $50.59 per share on Friday, and the stock surged 28.3% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/NLSN\">Nielsen Holdings PLC</a></b> – Nielsen tumbled 18.6% in premarket trading after it rejected a $9.13 billion takeover bid, worth $25.40 per share, from a private-equity consortium. Nielsen said the bid significantly undervalues the company, best known for its TV ratings.</p><p><b><a href=\"https://laohu8.com/S/Y\">Alleghany</a></b> –Berkshire Hathaway(BRK.B) is buying the insurance company for $11.6 billion in cash, or $848.02 per share, compared to Alleghany’s Friday close of $676.75 per share. Alleghany will operate as an independent subsidiary of Berkshire.</p><p><b><a href=\"https://laohu8.com/S/GM\">General Motors</a></b> – GM bought Softbank’s $2.1 billion stake in its Cruise driverless-car division. It also announced it would invest an additional $1.35 billion in cruise, replacing funds that Softbank had pledged to provide. GM initially fell more than 1% in the premarket but then pared those losses.</p><p><b><a href=\"https://laohu8.com/S/SAP\">SAP SE</a></b> – SAP fell 2% in the premarket. Chief Financial Officer Luka Mucic is departing the German business software company at the end of March 2023.</p><p><b><a href=\"https://laohu8.com/S/MANU\">Manchester United PLC</a></b> – Deutsche Bank upgraded the soccer team’s shares to “buy” from “hold,” saying Manchester United is undervalued relative to its peers in the sports and live events category. Manchester United gained 1.6% in premarket action.</p><p><b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> – Nio said it had no immediate plans to raise prices on its electric vehicles, although China-based carmaker said it would be flexible on pricing. Rivals likeTesla(TSLA) and BYD have recently raised prices due to higher materials costs.</p><p><b><a href=\"https://laohu8.com/S/BB\">BlackBerry</a></b> – The communication software company’s stock added 2.1% in the premarket after RBC upgraded it to “sector perform” from “underperform,” saying the stock’s price is now more aligned with BlackBerry’s fundamentals.</p><p><b>Market News</b></p><p>A China Eastern Airlines Corp. Boeing Co. 737-800NG plane carrying 132 people has crashed in China’s southwestern province of Guangxi. According to FlightRadar24, China Eastern flight MU5735 was traveling from Kunming to Guangzhou, and radar tracking shows the aircraft taking a steep descent.</p><p><b><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a></b> said on Monday it has signed a new agreement with Switzerland for the supply of another seven million doses of its COVID-19 booster vaccine for delivery in 2023. The agreement also includes an option of seven million doses for delivery in 2023 and 2024, the U.S. biotechnology company said in a statement.</p><p><b><a href=\"https://laohu8.com/S/NLSN\">Nielsen Holdings PLC</a></b> said on Sunday that the company has rejected an unsolicited acquisition proposal from a private equity consortium that valued the TV ratings company at $9.13 billion.The consortium had proposed to acquire Nielsen at $25.40 per share, which the board unanimously determined would significantly under value the company, it said in a statement.</p><p><b><a href=\"https://laohu8.com/S/PLAN\">Anaplan Inc.</a></b> agreed to be taken private by Thoma Bravo LP for $9.65 billion, in a sign of rising private equity interest in the cloud-based software space. The deal, announced on Sunday, would give Anaplan investors $66 for each share held, a premium of more than 30% over the company&#39;s last closing price on Friday.</p><p>Italian luxury yacht maker Ferretti S.p.A launched a Hong Kong initial public offering on Monday that values the company at up to $1.2 billion, a term sheet seen by Reuters showed, going ahead despite volatility in global equity markets.</p><p>Warren Buffett&#39;s <b><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a></b> has struck an $11.6 billion deal to buy Alleghany Corp , the owner of reinsurer TransRe, just weeks after the 91-year-old billionaire bemoaned the lack of good investment opportunities. Alleghany adds to Berkshire&#39;s already large insurance portfolio, which includes Geico auto insurance, General Re reinsurance and a unit that insures against major and unusual risks.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nPre-Bell｜Nasdaq and S&P 500 Futures Erased Losses; Boeing Sank Nearly 6% \n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-21 19:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. equity futures steadied as crude oil extended a climb and investors monitored diplomatic efforts to bring an end to Russia’s almost month-old war in Ukraine.S&amp;P 500 and Nasdaq 100 contracts erased an earlier loss Monday after the underlying indexes posted their best five-day streak since November 2020.</p><p><b>Market Snapshot</b></p><p>At 7:50 a.m. ET, Dow e-minis were down 50 points, or 0.14%, S&amp;P 500 e-minis were up 3.75 points, or 0.08%, and Nasdaq 100 e-minis were up 5.25 points, or 0.04%.<img src=\"https://static.tigerbbs.com/1d6350b11cef78ca55f19146ee9e19b3\" tg-width=\"321\" tg-height=\"124\" width=\"100%\" height=\"auto\"/><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/BA\">Boeing</a></b> – A Boeing 737-800 jet operated by China Eastern Airlines crashed in the mountains of southern China with 132 people aboard, with no immediate word on casualties. Boeing shares sank 5.8% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/PLAN\">Anaplan Inc.</a></b> – Anaplan agreed to be bought out by private-equity firm Thoma Bravo for $10.7 billion, or $66 per share in cash. The business planning software company’s stock had closed at $50.59 per share on Friday, and the stock surged 28.3% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/NLSN\">Nielsen Holdings PLC</a></b> – Nielsen tumbled 18.6% in premarket trading after it rejected a $9.13 billion takeover bid, worth $25.40 per share, from a private-equity consortium. Nielsen said the bid significantly undervalues the company, best known for its TV ratings.</p><p><b><a href=\"https://laohu8.com/S/Y\">Alleghany</a></b> –Berkshire Hathaway(BRK.B) is buying the insurance company for $11.6 billion in cash, or $848.02 per share, compared to Alleghany’s Friday close of $676.75 per share. Alleghany will operate as an independent subsidiary of Berkshire.</p><p><b><a href=\"https://laohu8.com/S/GM\">General Motors</a></b> – GM bought Softbank’s $2.1 billion stake in its Cruise driverless-car division. It also announced it would invest an additional $1.35 billion in cruise, replacing funds that Softbank had pledged to provide. GM initially fell more than 1% in the premarket but then pared those losses.</p><p><b><a href=\"https://laohu8.com/S/SAP\">SAP SE</a></b> – SAP fell 2% in the premarket. Chief Financial Officer Luka Mucic is departing the German business software company at the end of March 2023.</p><p><b><a href=\"https://laohu8.com/S/MANU\">Manchester United PLC</a></b> – Deutsche Bank upgraded the soccer team’s shares to “buy” from “hold,” saying Manchester United is undervalued relative to its peers in the sports and live events category. Manchester United gained 1.6% in premarket action.</p><p><b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> – Nio said it had no immediate plans to raise prices on its electric vehicles, although China-based carmaker said it would be flexible on pricing. Rivals likeTesla(TSLA) and BYD have recently raised prices due to higher materials costs.</p><p><b><a href=\"https://laohu8.com/S/BB\">BlackBerry</a></b> – The communication software company’s stock added 2.1% in the premarket after RBC upgraded it to “sector perform” from “underperform,” saying the stock’s price is now more aligned with BlackBerry’s fundamentals.</p><p><b>Market News</b></p><p>A China Eastern Airlines Corp. Boeing Co. 737-800NG plane carrying 132 people has crashed in China’s southwestern province of Guangxi. According to FlightRadar24, China Eastern flight MU5735 was traveling from Kunming to Guangzhou, and radar tracking shows the aircraft taking a steep descent.</p><p><b><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a></b> said on Monday it has signed a new agreement with Switzerland for the supply of another seven million doses of its COVID-19 booster vaccine for delivery in 2023. The agreement also includes an option of seven million doses for delivery in 2023 and 2024, the U.S. biotechnology company said in a statement.</p><p><b><a href=\"https://laohu8.com/S/NLSN\">Nielsen Holdings PLC</a></b> said on Sunday that the company has rejected an unsolicited acquisition proposal from a private equity consortium that valued the TV ratings company at $9.13 billion.The consortium had proposed to acquire Nielsen at $25.40 per share, which the board unanimously determined would significantly under value the company, it said in a statement.</p><p><b><a href=\"https://laohu8.com/S/PLAN\">Anaplan Inc.</a></b> agreed to be taken private by Thoma Bravo LP for $9.65 billion, in a sign of rising private equity interest in the cloud-based software space. The deal, announced on Sunday, would give Anaplan investors $66 for each share held, a premium of more than 30% over the company&#39;s last closing price on Friday.</p><p>Italian luxury yacht maker Ferretti S.p.A launched a Hong Kong initial public offering on Monday that values the company at up to $1.2 billion, a term sheet seen by Reuters showed, going ahead despite volatility in global equity markets.</p><p>Warren Buffett&#39;s <b><a href=\"https://laohu8.com/S/BRK.B\">Berkshire Hathaway</a></b> has struck an $11.6 billion deal to buy Alleghany Corp , the owner of reinsurer TransRe, just weeks after the 91-year-old billionaire bemoaned the lack of good investment opportunities. Alleghany adds to Berkshire&#39;s already large insurance portfolio, which includes Geico auto insurance, General Re reinsurance and a unit that insures against major and unusual risks.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135376786","content_text":"U.S. equity futures steadied as crude oil extended a climb and investors monitored diplomatic efforts to bring an end to Russia’s almost month-old war in Ukraine.S&P 500 and Nasdaq 100 contracts erased an earlier loss Monday after the underlying indexes posted their best five-day streak since November 2020.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were down 50 points, or 0.14%, S&P 500 e-minis were up 3.75 points, or 0.08%, and Nasdaq 100 e-minis were up 5.25 points, or 0.04%.Pre-Market MoversBoeing – A Boeing 737-800 jet operated by China Eastern Airlines crashed in the mountains of southern China with 132 people aboard, with no immediate word on casualties. Boeing shares sank 5.8% in the premarket.Anaplan Inc. – Anaplan agreed to be bought out by private-equity firm Thoma Bravo for $10.7 billion, or $66 per share in cash. The business planning software company’s stock had closed at $50.59 per share on Friday, and the stock surged 28.3% in the premarket.Nielsen Holdings PLC – Nielsen tumbled 18.6% in premarket trading after it rejected a $9.13 billion takeover bid, worth $25.40 per share, from a private-equity consortium. Nielsen said the bid significantly undervalues the company, best known for its TV ratings.Alleghany –Berkshire Hathaway(BRK.B) is buying the insurance company for $11.6 billion in cash, or $848.02 per share, compared to Alleghany’s Friday close of $676.75 per share. Alleghany will operate as an independent subsidiary of Berkshire.General Motors – GM bought Softbank’s $2.1 billion stake in its Cruise driverless-car division. It also announced it would invest an additional $1.35 billion in cruise, replacing funds that Softbank had pledged to provide. GM initially fell more than 1% in the premarket but then pared those losses.SAP SE – SAP fell 2% in the premarket. Chief Financial Officer Luka Mucic is departing the German business software company at the end of March 2023.Manchester United PLC – Deutsche Bank upgraded the soccer team’s shares to “buy” from “hold,” saying Manchester United is undervalued relative to its peers in the sports and live events category. Manchester United gained 1.6% in premarket action.NIO Inc. – Nio said it had no immediate plans to raise prices on its electric vehicles, although China-based carmaker said it would be flexible on pricing. Rivals likeTesla(TSLA) and BYD have recently raised prices due to higher materials costs.BlackBerry – The communication software company’s stock added 2.1% in the premarket after RBC upgraded it to “sector perform” from “underperform,” saying the stock’s price is now more aligned with BlackBerry’s fundamentals.Market NewsA China Eastern Airlines Corp. Boeing Co. 737-800NG plane carrying 132 people has crashed in China’s southwestern province of Guangxi. According to FlightRadar24, China Eastern flight MU5735 was traveling from Kunming to Guangzhou, and radar tracking shows the aircraft taking a steep descent.Moderna, Inc. said on Monday it has signed a new agreement with Switzerland for the supply of another seven million doses of its COVID-19 booster vaccine for delivery in 2023. The agreement also includes an option of seven million doses for delivery in 2023 and 2024, the U.S. biotechnology company said in a statement.Nielsen Holdings PLC said on Sunday that the company has rejected an unsolicited acquisition proposal from a private equity consortium that valued the TV ratings company at $9.13 billion.The consortium had proposed to acquire Nielsen at $25.40 per share, which the board unanimously determined would significantly under value the company, it said in a statement.Anaplan Inc. agreed to be taken private by Thoma Bravo LP for $9.65 billion, in a sign of rising private equity interest in the cloud-based software space. The deal, announced on Sunday, would give Anaplan investors $66 for each share held, a premium of more than 30% over the company's last closing price on Friday.Italian luxury yacht maker Ferretti S.p.A launched a Hong Kong initial public offering on Monday that values the company at up to $1.2 billion, a term sheet seen by Reuters showed, going ahead despite volatility in global equity markets.Warren Buffett's Berkshire Hathaway has struck an $11.6 billion deal to buy Alleghany Corp , the owner of reinsurer TransRe, just weeks after the 91-year-old billionaire bemoaned the lack of good investment opportunities. Alleghany adds to Berkshire's already large insurance portfolio, which includes Geico auto insurance, General Re reinsurance and a unit that insures against major and unusual risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054219875,"gmtCreate":1655391906997,"gmtModify":1676535629246,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054219875","repostId":"1175497880","repostType":4,"repost":{"id":"1175497880","pubTimestamp":1655478123,"share":"https://www.laohu8.com/m/news/1175497880?lang=&edition=full","pubTime":"2022-06-17 23:02","market":"us","language":"en","title":"6 Widely Held Stocks to Sell Because They’re Poised to Plunge","url":"https://stock-news.laohu8.com/highlight/detail?id=1175497880","media":"InvestorPlace","summary":"These stocks are widely held but also in position to lose value.International Business Machines(IBM): Ignore IBM’s declining profitability and business risk at your peril.GeneralElectric(GE): GE canno","content":"<html><head></head><body><ul><li>These stocks are widely held but also in position to lose value.</li><li><b>International Business Machines</b> (<b><u>IBM</u></b>): Ignore IBM’s declining profitability and business risk at your peril.</li><li><b>General</b> <b>Electric</b>(<b><u>GE</u></b>): GE cannot shake long-term woes.</li><li><b>SoFiTechnologies</b>(<b><u>SOFI</u></b>): A potential reverse stock split is a warning sign to heed.</li><li><b>AMC Entertainment</b>(<b><u>AMC</u></b>): A single box office hit doesn’t change the trajectory of AMC.</li><li><b>Snap</b>(<b><u>SNAP</u></b>): Side with caution after the company warns of a miss.</li><li><b>BeyondMeat</b>(<b><u>BYND</u></b>): Growth stocks with greater than expected losses will suffer especially, BYND proves that.</li></ul><p>Running with the “in crowd” can be disastrous. In this case, we’re talking about stocks to sell, and not good kids who fall in with popular students who lack bright futures.</p><p>The danger here isn’t heading down the wrong path and squandering one’s future potential. Instead, the in crowd here relates to stocks that have broad ownership. That can be a real detriment because broad ownership implies that the market has correctly placed its collective capital behind shares with bright futures. That impression causes demand to rise, bringing prices higher.</p><p>Of course, this doesn’t always pan out. This year is littered with once heralded shares that have since declined. Some may never rebound.</p><p>That’s what this list is all about: Stocks that are broadly held but to be wary of. Time will tell, of course, but the companies listed above look to be in position to decline further despite wide holdings.</p><p><b>Stocks to Sell: International Business Machines (IBM)</b></p><p>There are a few reasons investors could be persuaded to purchase <b>International Business Machines</b> (NYSE:<b><u>IBM</u></b>) stock right now. The legacy computer company had a stronger than expected quarter when it last reported earnings. Revenues reached $14.2 billion, ahead of the $13.78 billion Wall Street was expecting. That was driven by a renewed focus on the cloud, with the firm’s hybrid cloud being heralded as responsible for the surge. If that weren’t enough, IBM has also been lauded for its very attractive dividend that yields above 4.5%.</p><p>But buyer beware. For one, IBM’s profits reached $733 million during the period. That was far lower than the $955 million profit figure it posted a year earlier. Further, IBM has trouble in the form of <b>Kyndryl</b>(NYSE:<b><u>KD</u></b>), the IT arm spun out from IBM earlier.</p><p>IBM was recently ordered to pay $1.6 billion to BMC for work the two companies performed for <b>AT&amp;T</b>(NYSE:<b><u>T</u></b>). That work was performed by IBM business divisions that now operate under the Kyndryl name, thus IBM claims it shouldn’t be on the hook for the damages. That inherent risk coupled with declining profits ought to make investors think twice.</p><p><b>General Electric (GE)</b></p><p><b>General Electric</b>(NYSE:<b><u>GE</u></b>) is a story of an American industrial titan in decline. As much as you want to root for it, the stock’s broader trajectory seems to serve as a fair warning against doing so.</p><p>Any long-term investor that’s established a position in GE in the last two decades will likely attest to that notion. In that time period, GE has gone through stretches where its value slowly creeps upward only to bust, taking shareholder capital with it.</p><p>The company is attempting to manufacture a turnaround yet again. This time it is reorganizing its corporate structure, spinning off its renewable energy and healthcare units. The thesis will of course be that it can then find renewed efficiency in those leaner operations.</p><p>Last year GE undertook a stock split to prop up flagging shares. That temporarily worked, only to later taper off. That’s the broader story of GE.</p><p><b>SoFi Technologies (SOFI)</b></p><p>Investors who were considering purchasing shares of <b>SoFi Technologies</b>(NASDAQ:<b><u>SOFI</u></b>) stock should tread carefully.</p><p>For one, the company is considering a reverse stock split which will be up for a vote at the upcoming July 12 annual shareholders meeting. In general, a reverse stock split is a very negative sign. In a reverse stock split, a company decreases the number of shares outstanding in order to inflate the value of the remaining shares.</p><p>Such moves are often viewed as a way to artificially increase price while underlying fundamentals remain unchanged. The move comes after SOFI stock has lost roughly 60% of its value this year.</p><p>The other reason to remain skeptical of SoFi is that the student loan debt forgiveness debate remains muddled. The stock plunged when the Biden administration announced its latest extension of the moratorium in early April. Now that Biden’s administration has delayed any concrete moves again until later this summer, another possible extension appears very possible.</p><p><b>Stocks to Sell: AMC Entertainment (AMC)</b></p><p>The bull thesis for <b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>) stock is generally that the retail investors that have propped it up, continue to have the power to do so. The idea is that the next catalyst might be the one to ignite another short squeeze.</p><p>Although short interest in AMC stock remains very high the box office success of<i>Top Gun: Maverick</i>isn’t the tinder to stoke another fire. I recently wrote that the economic reality of <i>Top Gun</i> can’t negate AMC’s history of losses. AMC lost $337 million in its last reported quarter.</p><p>This article implies that AMC controls roughly one-third of screens and makes gross proceeds of 60% on that market position. So, long story short,<i>Top Gun: Maverick’s</i>current $357 million box office likely results in roughly $70 million in gross proceeds thus far.</p><p>It’s a very positive step in the right direction to be sure, but it simply can’t negate the implications of a $337 million loss in the previous period.</p><p><b>Snap (SNAP)</b></p><p>There isn’t that much to report when it comes to <b>Snap</b>(NYSE:<b><u>SNAP</u></b>) stock. There’s no gotcha moment when it comes to late May news the company issued. That news was that the company doesn’t expect to meet the low end of its prior revenue and EBITDA guidance for Q2. in other words, there’s nothing suggesting that investors should buy SNAP stock based on s silver lining.</p><p>There isn’t one. Snap had its worst month ever and has declined in eight of the last nine months along with the last three in a row.</p><p>Part of the reason is that ad revenues aren’t what they once were. Increasingly advertisers are turning to Instagram and TikTok where Snap had been favored. As long as competitors are seen as being more capable of adjusting to <b>Apple’s</b>(NASDAQ:<b><u>AAPL</u></b>) privacy changes Snap will continue to suffer.</p><p><b>Stocks to Sell: Beyond Meat (BYND)</b></p><p>When growth stocks were the rage, <b>Beyond Meat</b>(NASDAQ:<b><u>BYND</u></b>) stock was riding high. Investors had little concern about the company’s lack of efficiency or losses. All that mattered was that the alternative meat market seemed hot and the company showed growth.</p><p>But now that the U.S. is shifting away from a prolonged period in which capital was inexpensive, growth is out. Investors certainly care now that Beyond Meat posted a net loss of $100.5 million. And those who may have still been on board jumped ship when EPS losses reached $1.58on the expectation of 98-cent losses.</p><p>The vague notion of becoming “tomorrow’s global protein company” has lost a lot of its luster as losses widen.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>6 Widely Held Stocks to Sell Because They’re Poised to Plunge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n6 Widely Held Stocks to Sell Because They’re Poised to Plunge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-17 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/7-widely-held-stocks-to-sell-poised-plunge/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These stocks are widely held but also in position to lose value.International Business Machines (IBM): Ignore IBM’s declining profitability and business risk at your peril.General Electric(GE): GE ...</p>\n\n<a href=\"https://investorplace.com/2022/06/7-widely-held-stocks-to-sell-poised-plunge/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","IBM":"IBM","SNAP":"Snap Inc","GE":"GE航空航天","SOFI":"SoFi Technologies Inc.","BYND":"Beyond Meat, Inc."},"source_url":"https://investorplace.com/2022/06/7-widely-held-stocks-to-sell-poised-plunge/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175497880","content_text":"These stocks are widely held but also in position to lose value.International Business Machines (IBM): Ignore IBM’s declining profitability and business risk at your peril.General Electric(GE): GE cannot shake long-term woes.SoFiTechnologies(SOFI): A potential reverse stock split is a warning sign to heed.AMC Entertainment(AMC): A single box office hit doesn’t change the trajectory of AMC.Snap(SNAP): Side with caution after the company warns of a miss.BeyondMeat(BYND): Growth stocks with greater than expected losses will suffer especially, BYND proves that.Running with the “in crowd” can be disastrous. In this case, we’re talking about stocks to sell, and not good kids who fall in with popular students who lack bright futures.The danger here isn’t heading down the wrong path and squandering one’s future potential. Instead, the in crowd here relates to stocks that have broad ownership. That can be a real detriment because broad ownership implies that the market has correctly placed its collective capital behind shares with bright futures. That impression causes demand to rise, bringing prices higher.Of course, this doesn’t always pan out. This year is littered with once heralded shares that have since declined. Some may never rebound.That’s what this list is all about: Stocks that are broadly held but to be wary of. Time will tell, of course, but the companies listed above look to be in position to decline further despite wide holdings.Stocks to Sell: International Business Machines (IBM)There are a few reasons investors could be persuaded to purchase International Business Machines (NYSE:IBM) stock right now. The legacy computer company had a stronger than expected quarter when it last reported earnings. Revenues reached $14.2 billion, ahead of the $13.78 billion Wall Street was expecting. That was driven by a renewed focus on the cloud, with the firm’s hybrid cloud being heralded as responsible for the surge. If that weren’t enough, IBM has also been lauded for its very attractive dividend that yields above 4.5%.But buyer beware. For one, IBM’s profits reached $733 million during the period. That was far lower than the $955 million profit figure it posted a year earlier. Further, IBM has trouble in the form of Kyndryl(NYSE:KD), the IT arm spun out from IBM earlier.IBM was recently ordered to pay $1.6 billion to BMC for work the two companies performed for AT&T(NYSE:T). That work was performed by IBM business divisions that now operate under the Kyndryl name, thus IBM claims it shouldn’t be on the hook for the damages. That inherent risk coupled with declining profits ought to make investors think twice.General Electric (GE)General Electric(NYSE:GE) is a story of an American industrial titan in decline. As much as you want to root for it, the stock’s broader trajectory seems to serve as a fair warning against doing so.Any long-term investor that’s established a position in GE in the last two decades will likely attest to that notion. In that time period, GE has gone through stretches where its value slowly creeps upward only to bust, taking shareholder capital with it.The company is attempting to manufacture a turnaround yet again. This time it is reorganizing its corporate structure, spinning off its renewable energy and healthcare units. The thesis will of course be that it can then find renewed efficiency in those leaner operations.Last year GE undertook a stock split to prop up flagging shares. That temporarily worked, only to later taper off. That’s the broader story of GE.SoFi Technologies (SOFI)Investors who were considering purchasing shares of SoFi Technologies(NASDAQ:SOFI) stock should tread carefully.For one, the company is considering a reverse stock split which will be up for a vote at the upcoming July 12 annual shareholders meeting. In general, a reverse stock split is a very negative sign. In a reverse stock split, a company decreases the number of shares outstanding in order to inflate the value of the remaining shares.Such moves are often viewed as a way to artificially increase price while underlying fundamentals remain unchanged. The move comes after SOFI stock has lost roughly 60% of its value this year.The other reason to remain skeptical of SoFi is that the student loan debt forgiveness debate remains muddled. The stock plunged when the Biden administration announced its latest extension of the moratorium in early April. Now that Biden’s administration has delayed any concrete moves again until later this summer, another possible extension appears very possible.Stocks to Sell: AMC Entertainment (AMC)The bull thesis for AMC Entertainment(NYSE:AMC) stock is generally that the retail investors that have propped it up, continue to have the power to do so. The idea is that the next catalyst might be the one to ignite another short squeeze.Although short interest in AMC stock remains very high the box office success ofTop Gun: Maverickisn’t the tinder to stoke another fire. I recently wrote that the economic reality of Top Gun can’t negate AMC’s history of losses. AMC lost $337 million in its last reported quarter.This article implies that AMC controls roughly one-third of screens and makes gross proceeds of 60% on that market position. So, long story short,Top Gun: Maverick’scurrent $357 million box office likely results in roughly $70 million in gross proceeds thus far.It’s a very positive step in the right direction to be sure, but it simply can’t negate the implications of a $337 million loss in the previous period.Snap (SNAP)There isn’t that much to report when it comes to Snap(NYSE:SNAP) stock. There’s no gotcha moment when it comes to late May news the company issued. That news was that the company doesn’t expect to meet the low end of its prior revenue and EBITDA guidance for Q2. in other words, there’s nothing suggesting that investors should buy SNAP stock based on s silver lining.There isn’t one. Snap had its worst month ever and has declined in eight of the last nine months along with the last three in a row.Part of the reason is that ad revenues aren’t what they once were. Increasingly advertisers are turning to Instagram and TikTok where Snap had been favored. As long as competitors are seen as being more capable of adjusting to Apple’s(NASDAQ:AAPL) privacy changes Snap will continue to suffer.Stocks to Sell: Beyond Meat (BYND)When growth stocks were the rage, Beyond Meat(NASDAQ:BYND) stock was riding high. Investors had little concern about the company’s lack of efficiency or losses. All that mattered was that the alternative meat market seemed hot and the company showed growth.But now that the U.S. is shifting away from a prolonged period in which capital was inexpensive, growth is out. Investors certainly care now that Beyond Meat posted a net loss of $100.5 million. And those who may have still been on board jumped ship when EPS losses reached $1.58on the expectation of 98-cent losses.The vague notion of becoming “tomorrow’s global protein company” has lost a lot of its luster as losses widen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034594639,"gmtCreate":1647914934757,"gmtModify":1676534279431,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034594639","repostId":"2221307540","repostType":4,"repost":{"id":"2221307540","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":1647903883,"share":"https://www.laohu8.com/m/news/2221307540?lang=&edition=full","pubTime":"2022-03-22 07:04","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Lower after Powell's Hawkish Remarks","url":"https://stock-news.laohu8.com/highlight/detail?id=2221307540","media":"Reuters","summary":"Wall Street closed lower on Monday, with stocks extending their slide after U.S. Federal Reserve Cha","content":"<html><head></head><body><p>Wall Street closed lower on Monday, with stocks extending their slide after U.S. Federal Reserve Chairman Jerome Powell hinted at a more aggressive tightening of monetary policy than previously anticipated, adding to uncertainties regarding the Russian invasion of Ukraine.</p><p>All three major U.S. stock indexes snapped four-session winning streaks on the heels of their biggest weekly percentage gains since early November 2020.</p><p>The central bank must move &#34;expeditiously&#34; to combat inflation, Powell told the National Association for Business Economics conference, adding that bigger-than-usual interest rate hikes could be deployed if needed.</p><p>&#34;Much of the news today was telegraphed last week in (Powell&#39;s) comments,&#34; said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. &#34;The difference is there was some question regarding whether a 50 basis-point rate hike might be a course of action sooner rather than later.&#34;</p><p>Fed funds futures now imply a 60.7% chance of a 50 basis-point hike in key interest rates at the Fed&#39;s next meeting in May, up from 52% before the text of Powell&#39;s speech was released.</p><p>&#34;Some Fed governors have been vocal about front-end loading some of those hikes, putting them on the books sooner rather than later,&#34; Keator added. &#34;But I don&#39;t think the markets should anticipate a series of 50 basis-point rate hikes between now and the end of the year.&#34;</p><p>Fighting raged on in Ukraine as efforts to negotiate an end to the conflict appeared to be making little progress.</p><p>Crude prices  continued to surge as the European Union weighed joining the United States in banning Russian oil   , which raised supply concerns and helped put energy shares out front.</p><p>According to preliminary data, the S&amp;P 500    lost 1.67 points, or 0.04%, to end at 4,461.45 points, while the Nasdaq Composite    lost 54.55 points, or 0.38%, to 13,839.29. The Dow Jones Industrial Average fell 201.87 points, or 0.58%, to 34,556.78.</p><p>Shares of Boeing Co  slid after <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its 737-800 aircraft operated by China Eastern Airlines crashed in southern China with no apparent survivors.</p><p>The rising geopolitical temperature helped defense stocks. Despite Boeing&#39;s decline, the S&amp;P 500 Aerospace and Defense index    rose, with Lockheed Martin  , Raytheon, Northrop Grumman  and General Dynamics all gaining solidly.</p><p>A Moscow court labeled <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc  an &#34;extremist organisation,&#34; upholding a decision to ban Facebook in Russia. Meta&#39;s shares ended the session lower.</p><p><a href=\"https://laohu8.com/S/Y\">Alleghany Corp</a>   surged after Warren Buffett&#39;s Berkshire Hathaway Inc struck an $11.6 billion deal to buy the owner of reinsurer TransRe.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Lower after Powell's Hawkish Remarks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Lower after Powell's Hawkish Remarks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-22 07:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street closed lower on Monday, with stocks extending their slide after U.S. Federal Reserve Chairman Jerome Powell hinted at a more aggressive tightening of monetary policy than previously anticipated, adding to uncertainties regarding the Russian invasion of Ukraine.</p><p>All three major U.S. stock indexes snapped four-session winning streaks on the heels of their biggest weekly percentage gains since early November 2020.</p><p>The central bank must move &#34;expeditiously&#34; to combat inflation, Powell told the National Association for Business Economics conference, adding that bigger-than-usual interest rate hikes could be deployed if needed.</p><p>&#34;Much of the news today was telegraphed last week in (Powell&#39;s) comments,&#34; said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. &#34;The difference is there was some question regarding whether a 50 basis-point rate hike might be a course of action sooner rather than later.&#34;</p><p>Fed funds futures now imply a 60.7% chance of a 50 basis-point hike in key interest rates at the Fed&#39;s next meeting in May, up from 52% before the text of Powell&#39;s speech was released.</p><p>&#34;Some Fed governors have been vocal about front-end loading some of those hikes, putting them on the books sooner rather than later,&#34; Keator added. &#34;But I don&#39;t think the markets should anticipate a series of 50 basis-point rate hikes between now and the end of the year.&#34;</p><p>Fighting raged on in Ukraine as efforts to negotiate an end to the conflict appeared to be making little progress.</p><p>Crude prices  continued to surge as the European Union weighed joining the United States in banning Russian oil   , which raised supply concerns and helped put energy shares out front.</p><p>According to preliminary data, the S&amp;P 500    lost 1.67 points, or 0.04%, to end at 4,461.45 points, while the Nasdaq Composite    lost 54.55 points, or 0.38%, to 13,839.29. The Dow Jones Industrial Average fell 201.87 points, or 0.58%, to 34,556.78.</p><p>Shares of Boeing Co  slid after <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its 737-800 aircraft operated by China Eastern Airlines crashed in southern China with no apparent survivors.</p><p>The rising geopolitical temperature helped defense stocks. Despite Boeing&#39;s decline, the S&amp;P 500 Aerospace and Defense index    rose, with Lockheed Martin  , Raytheon, Northrop Grumman  and General Dynamics all gaining solidly.</p><p>A Moscow court labeled <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc  an &#34;extremist organisation,&#34; upholding a decision to ban Facebook in Russia. Meta&#39;s shares ended the session lower.</p><p><a href=\"https://laohu8.com/S/Y\">Alleghany Corp</a>   surged after Warren Buffett&#39;s Berkshire Hathaway Inc struck an $11.6 billion deal to buy the owner of reinsurer TransRe.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","BK4096":"电气部件与设备",".IXIC":"NASDAQ Composite","POWL":"Powell Industries",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2221307540","content_text":"Wall Street closed lower on Monday, with stocks extending their slide after U.S. Federal Reserve Chairman Jerome Powell hinted at a more aggressive tightening of monetary policy than previously anticipated, adding to uncertainties regarding the Russian invasion of Ukraine.All three major U.S. stock indexes snapped four-session winning streaks on the heels of their biggest weekly percentage gains since early November 2020.The central bank must move \"expeditiously\" to combat inflation, Powell told the National Association for Business Economics conference, adding that bigger-than-usual interest rate hikes could be deployed if needed.\"Much of the news today was telegraphed last week in (Powell's) comments,\" said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. \"The difference is there was some question regarding whether a 50 basis-point rate hike might be a course of action sooner rather than later.\"Fed funds futures now imply a 60.7% chance of a 50 basis-point hike in key interest rates at the Fed's next meeting in May, up from 52% before the text of Powell's speech was released.\"Some Fed governors have been vocal about front-end loading some of those hikes, putting them on the books sooner rather than later,\" Keator added. \"But I don't think the markets should anticipate a series of 50 basis-point rate hikes between now and the end of the year.\"Fighting raged on in Ukraine as efforts to negotiate an end to the conflict appeared to be making little progress.Crude prices  continued to surge as the European Union weighed joining the United States in banning Russian oil   , which raised supply concerns and helped put energy shares out front.According to preliminary data, the S&P 500    lost 1.67 points, or 0.04%, to end at 4,461.45 points, while the Nasdaq Composite    lost 54.55 points, or 0.38%, to 13,839.29. The Dow Jones Industrial Average fell 201.87 points, or 0.58%, to 34,556.78.Shares of Boeing Co  slid after one of its 737-800 aircraft operated by China Eastern Airlines crashed in southern China with no apparent survivors.The rising geopolitical temperature helped defense stocks. Despite Boeing's decline, the S&P 500 Aerospace and Defense index    rose, with Lockheed Martin  , Raytheon, Northrop Grumman  and General Dynamics all gaining solidly.A Moscow court labeled Meta Platforms Inc  an \"extremist organisation,\" upholding a decision to ban Facebook in Russia. Meta's shares ended the session lower.Alleghany Corp   surged after Warren Buffett's Berkshire Hathaway Inc struck an $11.6 billion deal to buy the owner of reinsurer TransRe.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035757727,"gmtCreate":1647701971343,"gmtModify":1676534259408,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035757727","repostId":"2220777059","repostType":4,"repost":{"id":"2220777059","pubTimestamp":1647653153,"share":"https://www.laohu8.com/m/news/2220777059?lang=&edition=full","pubTime":"2022-03-19 09:25","market":"us","language":"en","title":"Sea Limited: The Three-Headed Monster","url":"https://stock-news.laohu8.com/highlight/detail?id=2220777059","media":"seekingalpha","summary":"SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but B","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Garena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.</li><li>In addition, Shopee&#39;s losses are widening. However, the e-commerce segment is expected to be self-funded by 2025. This is achievable as take rates are trending in the right direction.</li><li>SeaMoney is also gaining traction at an unprecedented pace, a monster lurking in the shadows. Investors should pay attention as this segment could serve as Sea&#39;s second cash cow.</li><li>With a net cash position of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won&#39;t be long before Sea requires another cash infusion.</li><li>Despite unprofitability risks, Sea has a strong brand, network effects, and barriers to entry moats. The stock is trading at the lowest multiple ever - it is worth a nibble at these prices.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51b3290f2015840c5d8f754c01de8a85\" tg-width=\"750\" tg-height=\"422\" referrerpolicy=\"no-referrer\"/><span>undefined undefined/iStock via Getty Images</span></p><p>I&#39;ve been following Sea Limited ADR (NYSE:SE) for quite some time now and the stock got me interested again given the recent 75% selloff. Today, I&#39;m doing a deep dive on the three-headed monster (and each of its heads) to see if the company is a good investment opportunity at these levels. Let&#39;s get started!</p><p><b>Investment Thesis</b></p><p>Sea is at the forefront of the internet revolution in developing regions. This had many investors buying into the growth story of the company, sending shares soaring high into the sun for the better part of 2020 and 2021. However, the stock has cratered back to sea amid concerns about the company&#39;s slowing growth, especially for its only cash cow, Garena. To make matters worse, Shopee&#39;s losses are also getting worse.</p><p>The Group&#39;s cash burn rate is still high, estimated to be $(3.6) billion in FY2022. With a net cash position of $5.9 billion, future capital raises are very likely.</p><p>On the bright side, Sea still has a long growth runway ahead, solidified by its leadership positions in Southeast Asia and Latin America. SeaMoney, although still unprofitable, could also emerge as Sea&#39;s second cash cow.</p><p>Despite unprofitability and competitive risks, Sea has strong competitive moats and it is trading at the cheapest valuation multiples since its IPO.</p><p>The three-headed monster is a Buy at these levels.</p><p><b>Value Proposition</b></p><p>Founded in Singapore in 2009, Sea has grown to become the leading consumer internet company in the world, with a substantial presence in the Southeast Asian region.</p><blockquote><b>Mission</b>: To better the lives of consumers and small businesses with technology.</blockquote><p>Sea is a holding company for three core businesses: Garena, Shopee, and SeaMoney. Sea&#39;s main value proposition is providing a vertically-integrated experience through its different core businesses.</p><p><b>Garena</b></p><p>Its digital entertainment division, Garena, was Sea&#39;s first business venture. In fact, Sea was originally named Garena Interactive Holding Limited before changing its name to Sea Limited in 2017.</p><p>Garena is one of the largest online games developers and publishers, releasing some of the most successful mobile and PC games over the last decade. For example, Garena&#39;s Free Fire, its self-developed mobile battle royale game, topped the global download charts for the last three years. According to data.ai, Free Fire also ranked second globally by average monthly active users on Google Play in 2021. In Southeast Asia and Latin America, Free Fire was the highest-grossing mobile game for ten consecutive quarters, and in the US for four consecutive quarters. Based on Sensor <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a>&#39;s findings, Free Fire still holds the most downloads globally as of January 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa392753c19f14d60ee0d992e58c3d2f\" tg-width=\"1280\" tg-height=\"741\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p>Garena also exclusively licenses and publishes games from global partners and third-party developers. Some of these partners include Tencent (OTCPK:TCEHY), Activision (ATVI), and Arumgames. Games like Speed Drifters, Arena of Valor, and Fantasy Town fall into this category as they are co-developed with partners or licensed from partners.</p><p>In addition, Garena organizes some of the largest e-sports events from local tournaments to professional competitions at a global level. Moreover, Garena offers other entertainment content such as live-streaming, user chat, and online forums.</p><p><b>Shopee</b></p><p>Perhaps the most exciting business segment is Sea&#39;s mobile-centric e-commerce platform, Shopee. Launched in 2015, Shopee is now one of the fastest-growing e-commerce marketplaces with a strong presence in Southeast Asia, as well as growing recognition in Latin America and some European countries.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6649de846b2942b928a3f3e5d4035003\" tg-width=\"640\" tg-height=\"200\" referrerpolicy=\"no-referrer\"/><span>Source: Shopee</span></p><p>Through the Shopee platform, buyers can purchase items from sellers which are primarily small and medium businesses (or mom-and-pop stores). At the same time, larger, more established retailers like Xiaomi (OTCPK:XIACF), Microsoft (MSFT), or Samsung (OTC:SSNLF) can leverage Shopee&#39;s two premium shopping platforms, Shopee Mall and Shopee Premium.</p><p>Along with Shopee&#39;s e-commerce marketplace, Shopee also offers adjacent products and services for both buyers and sellers:</p><ul><li><b>Service by Shopee</b> - Value-added services for sellers such as integrated payment, logistics, fulfillment, seller support, inventory management, and online store operations.</li><li><b>BuyerProtection</b> - Consumer protection policies and procedures including seller verification, product listing screening, and dispute resolution. In addition, Shopee Guarantee reduces settlement risks by holding customers&#39; funds in a separate account until delivery is complete, where funds will be released to buyers.</li><li><b>Integrated Logistics Services</b>- Shopee partners with various local and regional third-party logistics service providers to provide a seamless last-mile delivery experience for both buyers and sellers. Shopee also has its own delivery service called Shopee Xpress.</li><li><b>Social Features</b> - Shopee also offers other social and gamification features, including Shopee Coins (virtual currency), Shopee Live (livestream), Shopee Games (in-app games), and Shopee Feed (similar to Instagram).</li><li><b>On-demand Services</b>- Shopee also recently launched on-demand services such as ShopeeFood, instant delivery, and groceries, competing directly with Grab (GRAB), Gojek, and Uber (UBER).</li></ul><p>Shopee&#39;s scale is unmatched and it is still growing at an unprecedented pace. According to data.ai, Shopee in Southeast Asia and Taiwan ranked first in average monthly active users and total time spent in the app in 2021. Shopee Indonesia, arguably Shopee&#39;s most important market, ranked first in the Shopping category. Shopee Brazil, which launched in October 2019, was also ranked first in the Shopping category. And globally, Shopee ranked first in the Shopping category, and is the #13 most downloaded app regardless of category, logging in 200+ million downloads in 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f9c550b140720336e00cc78e954d184\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p><b>SeaMoney</b></p><p>SeaMoney was launched in 2014 and is now one of the leading digital financial services providers in Sea&#39;s operating countries. SeaMoney offers mobile wallet services, payment processing, credit, and other digital financial services. These services are offered under SeaMoney&#39;s various brands including AirPay, ShopeePay, SPayLater, and other local brands depending on the country. SeaMoney was initially launched in Vietnam and Thailand but has since expanded to other regions.</p><p>Through SeaMoney&#39;s mobile wallet offerings, consumers and merchants have added flexibility in terms of payment options, whether through online or offline means. The launch of SPayLater, which is basically a &#34;buy now pay later&#34; payment option, enables consumers to purchase items without accessing credit. For those who are interested, I&#39;ve written a deep dive on Affirm (AFRM) where I discuss the main value propositions that BNPL provides.</p><p>SeaMoney has obtained bank licenses and government approvals to provide financial services in various countries. For example, Sea acquired Bank Kesejahteraan Ekonomi in Indonesia back in early 2021 as a push towards offering a digital banking solution. The company is now rebranded to SeaBank, which currently offers a high-yield savings account and virtual account.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c85c862195f86fe9d4f0f8c8beced6b\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SeaBank Website</span></p><p>SeaMoney&#39;s main value proposition lies in offering a mobile wallet and payment solutions that are integrated with Sea&#39;s other businesses, namely Garena and Shopee, enabling consumers and merchants to transact seamlessly in one vertically-integrated platform.</p><p><b>Market Opportunity</b></p><p>Sea&#39;s market opportunity is predicated around the industry outlook of each of its business segments: mobile gaming, e-commerce, and fintech. Let&#39;s take a look at each industry that Sea operates in.</p><p>First, we have the mobile gaming industry. According to data.ai, Mobile Game Consumer Spend grew from $74 billion in 2018 to $116 billion in 2021, while Mobile Game Downloads grew from 63 billion in 2018 to 83 billion in 2021. Among the Top Genres by Downloads were Hypercasual games such as Hair Challenge and Water Sort Puzzle. However, the Top Genres by Consumer Spend belong to the Strategy, RPG, and Shooting categories where Garena specializes in. For example, Free Fire was the top Shooting game by revenue in Thailand, Brazil, Mexico, and the US, in 2021. Globally, however, it is still behind PUBG Mobile, which generates the bulk of its revenue from China.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f72bda6df6bc2b7bdf8756d218f53185\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p>According to Adjust, the mobile gaming industry is expected to reach $272 billion by 2030, which is about 1.5x of 2021&#39;s total figure. Given Garena&#39;s successes in monetizing its games, Garena should continue to enjoy gaming tailwinds in the foreseeable future, provided that its games remain in trend. This is also supported by Unity&#39;s findings that the APAC region is the fastest-growing regional market, a market that Garena dominates in.</p><p>Moving on to e-commerce, we all know that e-commerce is growing rapidly and that its market share as a whole will continue to trend up from here. This is especially true for the Southeast Asian region where internet and smartphone adoption continues to increase by the day. Based on the e-Conomy SEA report, Southeast Asia now has 440 million internet users, up from 360 million in 2019. Its total population is about 589 million.</p><p>Internet Gross Merchandise Value, or GMV, for the region was $170 billion in 2021 and is expected to reach $360 billion by 2025 with e-commerce leading the charge. The shift to e-commerce is not only happening on the consumer side but also on the merchant side. Digital marketing tools, analytical tools, and digital payment solutions have accelerated business for merchants. Shopee&#39;s vertically-integrated platform also makes it easy for merchants in these developing countries to set up shop, distribute goods, and accept payments in a single platform.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fcb903aed7c0ec901fc83c4f25f18b8\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: e-Conomy SEA 2021</span></p><p>Furthermore, Sea has recently expanded its e-commerce operations to other regions such as Latin America and Europe, which further expands its market opportunity.</p><p>Lastly, we have the fintech industry pertaining to SeaMoney. In my <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (PYPL) deep dive, I discussed the growth of mobile wallets as a payment method in both online and offline transactions. The shift to a cashless and cardless society is inevitable and that is also true for Sea&#39;s markets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47ec896a6208b6023ae89f654704bbc7\" tg-width=\"1261\" tg-height=\"706\" referrerpolicy=\"no-referrer\"/><span>Source: Ark Invest Big Ideas 2022</span></p><p>As you can see below, mobile wallets continue to gain traction in Southeast Asia. In addition, 92% of digital merchants intend to maintain usage or increase usage of digital payments in the next 1 to 2 years. ShopeePay and SeaMoney&#39;s other brands will benefit from this trend. Also of important note, SeaMoney&#39;s expansion to buy now pay later with SPayLater will be a key GMV and revenue driver for the segment. These are the reasons why some investors are so bullish on SeaMoney and why SeaMoney is a monster lurking in the shadows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0eb814b800c3121e3fb8cd0913f239d5\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: e-Conomy SEA 2021</span></p><p>As you can see, Sea is at the forefront of three megatrends which should propel the business forward from here. Also, combining the different verticals in the same platform would present a significant synergistic opportunity as Sea establishes itself as a SuperApp in the making.</p><p><b>Revenue Model</b></p><p>As mentioned previously, Sea operates three main business segments.</p><p><b>Digital Entertainment</b></p><p>Garena operates a freemium model whereby users can download and play games for free. The company generates revenue by selling in-game virtual items such as clothing, weaponry, or equipment.</p><p>Investors should take note of how revenue is recognized for this segment. According to Sea&#39;s 10-K:</p><blockquote>Proceeds from these sales are initially recognized as “Advances from customers” and subsequently reclassified to “Deferred revenue” when the users make in-game purchases of the virtual currencies or virtual items within the games operated by the Company and the in-game purchases are no longer refundable.</blockquote><p>Garena also licenses games from other game developers. Revenue is generated based on revenue-sharing/royalty agreements with these developers. Revenue is recognized over the performance obligation period.</p><blockquote>Such delivery obligation period is determined in accordance with the estimated average lifespan of the virtual goods sold or estimated average lifespan of the paying users of the said games or similar games.</blockquote><p><b>E-commerce</b></p><p>Shopee generates revenue through a marketplace model. Sellers on the platform pay Shopee based on paid advertisement services, transaction-based fees, logistics services, and other value-added services.</p><p>Shopee also generates revenue from goods sold directly by Shopee, which the company purchases in bulk from manufacturers or third-party suppliers.</p><p><b>Digital Financial Services</b></p><p>SeaMoney revenue consists of:</p><ul><li>Interest and fees from loans granted to commercial customers</li><li>Interest and fees from Sea&#39;s consumer credit business such as SPayLater</li><li>Commissions charged to merchants when a customer pays using SeaMoney&#39;s mobile wallet</li></ul><p><b>Income Statement</b></p><p>Let&#39;s analyze each of the business segments and then look at the entire Group as a whole.</p><p><b>Digital Entertainment</b></p><p>Garena Revenue saw a 104% increase YoY in Q4. For the full year, Garena Revenue was up 114% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/998dfbcf3f3dba11b8f8722710c36ba4\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The rapid increase in Revenue was primarily due to recognition of accumulated deferred revenue from previous quarters. Bookings—which is essentially GAAP Revenue plus the change in digital entertainment deferred revenue —actually dropped for the first time QoQ and it is now lower than Revenue. This means that gamers are spending less on in-virtual items which will lead to lower Revenue recognized in subsequent quarters. As you can see, Bookings is in a massive deceleration.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e06de5e6066b66cd5596a445cd912c98\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The drop in Bookings was due to fewer gamers in the platform as the economy reopens and people spend more time outdoors, at school, or in the office. Quarterly Active Users, or QAUs, grew only 7% in Q4 to 652 million, compared to Q3&#39;s QAUs of 729 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5bdd570a9eb859a9fef8569c9fad10a\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As a result, Quarterly Paying Users, or QPUs, decelerated as well, which led to lower Bookings. Q4 QPUs was 77 million compared to Q3&#39;s 93 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/092c4a2f47b9336f2753b4548707b39f\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The markets reacted negatively to this slowdown in Garena growth as the gaming business acts as the lifeline for Sea&#39;s two other segments. As you can see, Garena is a high-margin business, producing Adjusted EBITDA of $2.7 billion in FY2021. Operating Margin is very high at 61% in Q4. AEBITDA margin, on the other hand, is trending downwards as QoQ adds in Bookings wither.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f28c9f35ee55afb5c7d170a80d26ebf2\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As such, the slowdown in growth for Garena is scaring investors away as it may not provide sufficient cash flow to fund the continued growth of Shopee and SeaMoney.</p><p><b>E-Commerce</b></p><p>Shopee GMV continues its upward march as e-commerce continues to gain traction in Shopee&#39;s existing and newer markets. However, we&#39;re also seeing a deceleration in growth due to tough YoY comps. GMV in FY2021 was $62.5 billion, an increase of 77%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f657f7cacc9e00bc57df0e913fdb9ae\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>GMV growth was also due to an increase in Orders in the Shopee platform, which totaled 6.1 billion in FY2021, an increase of 117%. Average Order Value, or AOV, however, is trending downwards. This may be perceived negatively as processing more lower-AOV orders meant higher logistical expenses and thus lower margins per order.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5fbc7f044de03ec379f262a5bfcdf331\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The increase in GMV translated to higher Shopee Revenue, which grew faster than GMV. Shopee Revenue grew 136% to $5.1 billion in FY2021, as compared to GMV growth of 77%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27710dc2140a6d139900819f51bd688a\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The faster growth in Revenue was due to Shopee&#39;s increasing take rate, which displays Shopee&#39;s ability to monetize its marketplace platform. This is one of the only few positive developments coming out of the most recent earnings update.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e4267bc5d33a2153e8624f73ed71540\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Despite the improving Revenue and take rate, Shopee is still suffering huge losses and it is mounting with each subsequent quarter, primarily due to the company expanding into new markets. FY2021 Shopee AEBITDA was $(2.6) billion at a -50% margin. Recall that Garena AEBITDA was $2.7 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9d27cef61bc9a9058233f7eccc5eaa1\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>AEBITDA per Order has been improving, although it flat-lined in the last few quarters. Again, this is due to the company aggressively expanding into new markets. For example, in Q4, Shopee Brazil recorded 140+ million gross orders with a $70+ million Revenue, up 400% and 326%, respectively. However, AEBITDA per Order in Brazil is still negative at $(2) per Order, despite being a 40% improvement from last year. As such, it is still a far cry from the overall AEBITDA per Order of $(0.45).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c0d6aa930a81ea4fc153b7134dbf9d3\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>On the bright side, in Southeast Asia and Taiwan, Q4 AEBITDA per Order before &#34;allocation of the headquarters’ common expenses&#34; was $(0.15), an improvement from last year&#39;s $(0.21). This shows that there is certainly hope for Shopee to be AEBITDA positive soon, which management has pointed out during the Q4 earnings call:</p><blockquote>We currently expect Shopee to achieve positive adjusted EBITDA before HQ cost allocation in Southeast Asia and Taiwan by this year. We also expect SeaMoney to achieve positive cash flow by next year. As a result, we currently expect that by 2025 cash generated by Shopee and SeaMoney proactively will enable these two businesses to substantially self-fund their own long-term growth.</blockquote><p><b>Digital Financial Services</b></p><p>SeaMoney&#39;s Mobile Wallet Total Payment Volume grew 120% YoY to $17.2 billion in FY2021 due to the increasing adoption of mobile wallets in the region.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fa5ef6efa513d9040963fda42b4b9f2\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The growth in TPV was largely driven by the growth in QAUs. As shown below, the total ending QAUs in Q4 grew 90% YoY to 45.8 million users.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9397aec066366f40ec92c24187347a44\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The real exciting part is that Revenue grew much faster than TPV and QAUs. SeaMoney Revenue is growing at a blistering pace, locking in high triple-digit growth rates over the last few years. FY2021 SeaMoney Revenue was $470 million, which is an increase of 673% from the previous year. This is due to take rates increasing from less than 1% in FY2020 to almost 4% by the end of the latest quarter.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dcaf6046cf3c27e00b233a8428eb2d75\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Furthermore, in Indonesia, over 20% of the QAUs have used more than one SeaMoney product or service, which includes credit services, digital banking, and insurance. As SeaMoney introduces more offerings, revenue should accelerate meaningfully as average revenue per user increases when people use additional products.</p><p>As SeaMoney continues to gain scale, the segment will enjoy better unit economics. As shown below, while SeaMoney&#39;s AEBITDA is still in deeply negative territories, AEBITDA Margins has continued to trend towards profitability. Management also expects SeaMoney to be cash flow positive by next year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51f0d5a1800fef748694417e8cb8fc9f\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>This is the segment that investors should pay special attention to, given that it has the potential to be Sea&#39;s second cash cow. For example, PayPal has Operating Margins of 20%+, which could be SeaMoney&#39;s long-term margin profile.</p><p><b>Group</b></p><p>With that said, let&#39;s take a look at how the business is doing as a whole.</p><p>FY2021 Revenue was $10.0 billion, an increase of 128% YoY. Due to the law of large numbers and tough YoY comps, Revenue growth should decelerate from here.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38de60bd773f3ef7afc4b2e28aa1c08f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Here, we can see how Revenue is distributed across the different segments.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a86e59478db8a3a4fdc85897f24410e9\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>What&#39;s encouraging is that Gross Profit Margins continue to trend upwards as the company gains economies of scale, even accounting for Shopee&#39;s aggressive expansion into new markets. FY2021 Gross Profit was $3.9 billion, up 189% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd978ba4047cc6e20ac6086ba8420a8f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Operating Expenses, however, remain elevated as management forgoes short-term profitability for long-term market dominance. FY2021 Total Operating Expenses were $5.5 billion. Below shows the different components of Operating Expenses as a percentage of Revenue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fbdbde2c2ae744f36f8168ed32f94d62\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Most of the Operating Expenses were used for Sales &amp; Marketing purposes. Unsurprisingly, Shopee had the highest S&amp;M burn rate. Discounts, cashback, celebrity promotions... they&#39;re everywhere.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5253f186120da17c4cd901e5c442bd1e\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As a result, Operating Profit Margins is still negative, although it is trending in the right direction.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a27b7833551107397c44acefc5ad2475\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>AEBITDA, on the other hand, is plunging. This is due to Garena&#39;s falling Bookings and Shoppe&#39;s widening losses. AEBITDA for FY2021 was $(594) million, compared to FY2020 positive AEBITDA of $107 million. This is probably the most concerning figure for investors as such a high cash burn rate is unsustainable, which may also lead to additional capital raises that are dilutive to shareholders.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d89fb95f74e23e85f8932870c0190bee\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The guidance did not help either. Garena Bookings is expected to fall to just $3 billion, which is $1.3 billion lower than FY2021&#39;s number. Management blamed the reopening of the economy as well as the ban of Free Fire in India for the expected drop in Bookings. Assuming a modest 50% AEBITDA margin, Garena would bring in just $1.5 billion of AEBITDA for Sea in FY2022.</p><p>On the other side, the other two segments are expected to continue with their immense pace of growth — Shopee and SeaMoney are expected to grow by 76% and 155%, respectively. If we assume a (50)% AEBITDA margin for both segments, Shopee and SeaMoney is expected to burn a total of about $(5.1) billion of AEBITDA. Adding Garena&#39;s estimated AEBITDA of $1.5 billion, Sea, as a Group, is expected to burn $(3.6) billion in FY2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae5e9399a838e5f841dcccaffbe673d8\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited FY2021 Q4 Investor Presentation</span></p><p>Because Garena is such an important piece of Shopee&#39;s and SeaMoney&#39;s growth story, a deceleration in Garena&#39;s business had investors reacting so negatively to Sea&#39;s latest earnings release, as now, the gaming business is incapable of covering the massive losses incurred by the other two business segments.</p><p><b>Balance Sheet</b></p><p>Sea&#39;s balance sheet position as of year-end FY2021 is at about $10.2 billion of Cash and Short Term Investments. While this may show that Sea has a substantial cushion against its short-term cash burn rate, its net cash position paints a different picture.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc30ee494abc2eda3b75434b96e4a66b\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited FY2021 Q4 Investor Presentation</span></p><p>Adjusting for Sea&#39;s debt, Sea ended the year with a net cash position of around $5.9 billion. A substantial amount of its total debt comes from its recent issuance of 0.25% Convertible Senior Notes due 2026. The notes were issued when the stock was trading at $318 per share back in September and the initial conversion price is set at $477 per share. So, yes... conversion in the next 2 to 3 years is very unlikely.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8d3d0030e6518cc4198245f624cc75e1\" tg-width=\"640\" tg-height=\"437\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>With net cash of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won&#39;t be long before Sea requires another cash infusion. Therefore, if the high cash burn rate persists for the next 2 to 3 years, investors face a major risk of increasing financial leverage and/or dilution in the form of equity raises.</p><p><b>Cash Flow Statement</b></p><p>Here is what cash flow looks like over the last few quarters. Notice how Operating Cash Flow turned negative in the last quarter. Most of the cash also comes from Financing activities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0aba061277a1410bb9f3dc176ea0115\" tg-width=\"640\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Unlike other high-flying growth companies, Sea&#39;s Share-Based Compensation expenses are relatively low.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81fa229682c8880d6edd35535ef6a747\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p><b>Competitive Moats</b></p><p>Based on my research and analysis, I identified three key competitive moats for Sea: brand, network effects, and barriers to entry. I used to think that Sea has cost advantages but as Garena becomes a smaller part of the overall business, and as losses continue to worsen, I have reason to believe that Sea no longer holds that moat.</p><p><b>Brand</b></p><p>As discussed in previous sections, Garena&#39;s games, particularly Free Fire, have consistently ranked as the most downloaded mobile game in the world. Additionally, the Shopee app has gained cross-border stardom and is now regarded as the most downloaded or fastest-trending shopping App in the countries it operates in. Lastly, SeaMoney is also gaining traction with banking licenses granted in various countries that should increase brand value and trust.</p><p><b>Network Effects</b></p><p>The sheer amount of app downloads leads to powerful network effects. Garena has 652 million QAUs, which is about 8% of the world&#39;s population. Shopee recorded 200+ million app downloads in FY2021 alone. SeaMoney QAUs topped 45.8 million in Q4 and it is still in the early stages of adoption.</p><p>With all these users in the Sea platform, cross-selling new products or services should be easier as Sea continues to scale. One such example is Shopee Brazil and Free Fire where each platform is encouraging consumers to use the other. As Sea continues to innovate and offer better experiences for its customers, the ecosystem gets bigger and tighter, leading to powerful network effects.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c641ac08707cc868b9e6004e2deaf950\" tg-width=\"1200\" tg-height=\"600\" referrerpolicy=\"no-referrer\"/><span>Source: Shopee Brazil</span></p><p><b>Barriers To Entry</b></p><p>I believe each of Sea&#39;s core businesses is operating in a winner-takes-most environment with high barriers to entry.</p><p>The mobile gaming environment requires the most talented developers to launch blockbuster games. Garena&#39;s Free Fire is certainly a blockbuster game and time in Free Fire&#39;s game means time away from other mobile games.</p><p>Just like how Amazon (AMZN) dominates in the US, the e-commerce landscape in Southeast Asia and Latin America is dominated by a few players, such as Shopee, Tokopedia, and <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a> (MELI). The scale and unit economics that these players have achieved makes it unsustainable for new entrants to compete with them.</p><p>Banking and fintech is also a highly-regulated environment. Furthermore, consumers prefer to have just one mobile wallet, such as ShopeePay, as opposed to owning several different fintech applications.</p><p><b>Valuation</b></p><p>Based on my sum-of-the-parts and comparable company valuation analysis, Sea looks to be slightly undervalued with 19% upside potential. Of course, comparables are not perfect but based on this, we can gauge where Sea stands among peers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2400cd917e5f6ce8c47ef74a8062093\" tg-width=\"640\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/><span>Source: Author&#39;s Analysis</span></p><p>On the flip side, Sea looks extremely cheap on a historical basis. In terms of EV/Sales, Sea is trading at the lowest valuation since its IPO, trading at just 4.2x forward sales.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bed1fd805a89523bbb8fa982bee40079\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>Source: Koyfin</span></p><p>In terms of EV/Gross Profit, Sea is trading even cheaper than its March 2020 lows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdf589a808c84131e9c36aa7b65a5129\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>Source: Koyfin</span></p><p>The valuation compression is warranted given that the company flew too close to the sun and now it is cratering back to the sea — not just for Sea, but almost all growth stocks took a beating. Growth is also slowing down and the macroeconomic environment looks gloomier than ever. However, this is not the end of the world; I think the markets are overreacting. Diversion from the mean goes both ways — perhaps, current prices present a good margin of safety for long-term investors.</p><p><b>Catalysts</b></p><ul><li><b>Successful International Expansion</b> — Shopee has been successful in replicating its playbook from Southeast Asia to Brazil. Recently, Shopee launched operations in India, Mexico, Chile, Colombia, Argentina, Poland, and Spain. If Shopee can take substantial market share in these new regions, Shopee&#39;s growth could turn exponential.</li><li><b>The Metaverse</b> — Sea&#39;s withering gaming division needs to be revitalized. New games and features could definitely provide the boost that it needs. For example, the metaverse is an exciting opportunity and Garena could introduce this concept to its 600+ million QAUs. Sea AI Lab (SAIL) and Sea Capital are two ventures that could accelerate the company into emerging industries, including the metaverse.</li></ul><blockquote>We will continue to encourage user-generated content by enhancing greater features and accessibility. We believe that a strong user reception to Craftland is a positive indicator of the initial success to encourage user participation in content creation and to build Free Fire into an increasingly open platform and is well aligned with major emerging industry trends such as metaverse.</blockquote><ul><li><b>Regional SuperApp</b> — Although this concept has yet to be discussed by management, launching a regional SuperApp could enhance user engagement to new levels. For example, imagine Shopee users being able to play games, shop, order food delivery, pay for services, transfer money, invest, all under one app. Imagine users being able to convert their deposited funds in ShopeePay, into ShopeeCoins, and use it to perform cross-border transactions.</li><li><b>Continued Growth In SeaMoney</b> — SeaMoney is still in its early stages and continued adoption of Sea&#39;s digital financial services offerings will be a strong addition to Sea&#39;s bull thesis. SPayLater has real potential to disrupt the consumer credit industry. SeaBank and ShopeePay have the opportunity to capture digital wallet, digital banking, and cashless society trends.</li><li><b>Free Fire India Ban Lift</b>— Garena&#39;s weak guidance factored in the headwinds coming from the ban in India. If the ban is lifted, the stock may react positively as much of Sea&#39;s cash burn problems may be eliminated.</li></ul><p><b>Risks</b></p><ul><li><b>The Pressure to Launch Blockbuster Games</b>— There will come a time when Free Fire will be dethroned as the most-played and most-downloaded game. That is just how the gaming business works. This puts a substantial risk on the cash flow generation potential of Garena. Launching blockbuster games is never easy and it requires many trials and errors along the way. For me, I would like to see Garena shift to a gaming franchise model where the company launches an updated version of an existing game every year or two, which presents a more stable and recurring revenue stream for the company. An example would be FIFA or Call of Duty.</li><li><b>Shopee India Ban</b> — With Free Fire banned in India, there&#39;s also the potential for Shoppe to be banned as well.</li><li><b>Failure to Gain Traction in International Markets</b>— Shopee pulled out of France in early March, an indication that Shoppe&#39;s business model is not replicable in other countries, especially in more developed regions. Shopee Poland and Spain may be next on the exit list as they hold a close resemblance to France.</li><li><b>Geopolitical Risks</b>— Tencent, a Chinese company, has an 18.7% equity stake in Sea. Sanctions, bans, and other restrictions on Chinese companies, given the current geopolitical environment, could spell trouble for Sea. Tencent may have to cut exposure on Sea or even dissolve its developing-publishing partnership with Garena.</li><li><b>Local Competition</b>— Local champions operating in their respective markets cannot be ignored. These include GoTo in Indonesia, MercadoLibre in Latin America, and Flipkart in India.</li></ul><p>In addition, there&#39;s a certain level of pride for consumers to see their native-born companies succeed. I&#39;m Indonesian, and it makes me really happy to see GoTo grow and grow.</p><p>GoTo, the holding company of both Indonesian tech darlings Gojek and Tokopedia, recently announced its plan to IPO in the Indonesia Stock Exchange. Here&#39;s a glance of GoTo&#39;s stats for the 12-months ended 30 September 2021:</p><ul><li>Valuation: $26.2 billion to $28.8 billion</li><li>GMV: $28.8 billion</li><li>Revenue: $1 billion</li><li>Gross Orders: 2 billion</li><li>Annual Transacting Users: 55 million</li><li>Driver Partners: 2.5 million</li><li>Merchants: 14 million</li></ul><p>The point is that there are big-time local players operating in Sea&#39;s markets that investors should never ignore. Here&#39;s a little snippet from my previous Shopee article:</p><blockquote>But with the GoTo merger, Indonesia could potentially extinguish the orange flame that charred its forest for many years. Now, GoTo could finally reclaim a good chunk of its territory that was lost to waves of competition, especially from Shopee. GoTo could finally gain more ground as the roots grew even stronger with the merger, fertilized with the synergies of value propositions, logistics, payments, and banking solutions.</blockquote><blockquote>Meanwhile, Sea Limited&#39;s stock continues to soar, ignoring the titan of an elephant in the room. And because of GoTo&#39;s integration, Shopee&#39;s vertically-integrated business model doesn&#39;t look like a strong competitive advantage anymore.</blockquote><p><b>Conclusion</b></p><p>Each of Sea&#39;s core businesses is in hypergrowth mode, propelled by megatrends in the mobile gaming, e-commerce, and fintech industry. Management understands these opportunities and therefore, is sacrificing short-term profitability for long-term market dominance. Despite being a larger business, Sea still has a massive growth runway ahead.</p><p>That is not to say that unprofitability and competition risks can and should be ignored. The biggest concern for investors is the company&#39;s unsustainable cash burn rate, which will likely lead to further capital raises in the near future.</p><p>Nonetheless, the long-term growth thesis for the three-headed monster remains intact. Strong brand, network effects, and barriers to entry moats should support the business going forward. In addition, shares of Sea are trading at the lowest valuation multiples ever, which presents a good margin of safety for an entry at these prices.</p><p>Thank you for reading my Sea Limited deep dive. If you enjoyed the article, please let me know in the comment section down below. If you have any suggestions or feedback, don&#39;t hesitate to share your thoughts as well.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited: The Three-Headed Monster</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited: The Three-Headed Monster\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-19 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.In addition, Shopee's losses are widening. However, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2220777059","content_text":"SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.In addition, Shopee's losses are widening. However, the e-commerce segment is expected to be self-funded by 2025. This is achievable as take rates are trending in the right direction.SeaMoney is also gaining traction at an unprecedented pace, a monster lurking in the shadows. Investors should pay attention as this segment could serve as Sea's second cash cow.With a net cash position of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won't be long before Sea requires another cash infusion.Despite unprofitability risks, Sea has a strong brand, network effects, and barriers to entry moats. The stock is trading at the lowest multiple ever - it is worth a nibble at these prices.undefined undefined/iStock via Getty ImagesI've been following Sea Limited ADR (NYSE:SE) for quite some time now and the stock got me interested again given the recent 75% selloff. Today, I'm doing a deep dive on the three-headed monster (and each of its heads) to see if the company is a good investment opportunity at these levels. Let's get started!Investment ThesisSea is at the forefront of the internet revolution in developing regions. This had many investors buying into the growth story of the company, sending shares soaring high into the sun for the better part of 2020 and 2021. However, the stock has cratered back to sea amid concerns about the company's slowing growth, especially for its only cash cow, Garena. To make matters worse, Shopee's losses are also getting worse.The Group's cash burn rate is still high, estimated to be $(3.6) billion in FY2022. With a net cash position of $5.9 billion, future capital raises are very likely.On the bright side, Sea still has a long growth runway ahead, solidified by its leadership positions in Southeast Asia and Latin America. SeaMoney, although still unprofitable, could also emerge as Sea's second cash cow.Despite unprofitability and competitive risks, Sea has strong competitive moats and it is trading at the cheapest valuation multiples since its IPO.The three-headed monster is a Buy at these levels.Value PropositionFounded in Singapore in 2009, Sea has grown to become the leading consumer internet company in the world, with a substantial presence in the Southeast Asian region.Mission: To better the lives of consumers and small businesses with technology.Sea is a holding company for three core businesses: Garena, Shopee, and SeaMoney. Sea's main value proposition is providing a vertically-integrated experience through its different core businesses.GarenaIts digital entertainment division, Garena, was Sea's first business venture. In fact, Sea was originally named Garena Interactive Holding Limited before changing its name to Sea Limited in 2017.Garena is one of the largest online games developers and publishers, releasing some of the most successful mobile and PC games over the last decade. For example, Garena's Free Fire, its self-developed mobile battle royale game, topped the global download charts for the last three years. According to data.ai, Free Fire also ranked second globally by average monthly active users on Google Play in 2021. In Southeast Asia and Latin America, Free Fire was the highest-grossing mobile game for ten consecutive quarters, and in the US for four consecutive quarters. Based on Sensor Tower's findings, Free Fire still holds the most downloads globally as of January 2022.Source: SensorTowerGarena also exclusively licenses and publishes games from global partners and third-party developers. Some of these partners include Tencent (OTCPK:TCEHY), Activision (ATVI), and Arumgames. Games like Speed Drifters, Arena of Valor, and Fantasy Town fall into this category as they are co-developed with partners or licensed from partners.In addition, Garena organizes some of the largest e-sports events from local tournaments to professional competitions at a global level. Moreover, Garena offers other entertainment content such as live-streaming, user chat, and online forums.ShopeePerhaps the most exciting business segment is Sea's mobile-centric e-commerce platform, Shopee. Launched in 2015, Shopee is now one of the fastest-growing e-commerce marketplaces with a strong presence in Southeast Asia, as well as growing recognition in Latin America and some European countries.Source: ShopeeThrough the Shopee platform, buyers can purchase items from sellers which are primarily small and medium businesses (or mom-and-pop stores). At the same time, larger, more established retailers like Xiaomi (OTCPK:XIACF), Microsoft (MSFT), or Samsung (OTC:SSNLF) can leverage Shopee's two premium shopping platforms, Shopee Mall and Shopee Premium.Along with Shopee's e-commerce marketplace, Shopee also offers adjacent products and services for both buyers and sellers:Service by Shopee - Value-added services for sellers such as integrated payment, logistics, fulfillment, seller support, inventory management, and online store operations.BuyerProtection - Consumer protection policies and procedures including seller verification, product listing screening, and dispute resolution. In addition, Shopee Guarantee reduces settlement risks by holding customers' funds in a separate account until delivery is complete, where funds will be released to buyers.Integrated Logistics Services- Shopee partners with various local and regional third-party logistics service providers to provide a seamless last-mile delivery experience for both buyers and sellers. Shopee also has its own delivery service called Shopee Xpress.Social Features - Shopee also offers other social and gamification features, including Shopee Coins (virtual currency), Shopee Live (livestream), Shopee Games (in-app games), and Shopee Feed (similar to Instagram).On-demand Services- Shopee also recently launched on-demand services such as ShopeeFood, instant delivery, and groceries, competing directly with Grab (GRAB), Gojek, and Uber (UBER).Shopee's scale is unmatched and it is still growing at an unprecedented pace. According to data.ai, Shopee in Southeast Asia and Taiwan ranked first in average monthly active users and total time spent in the app in 2021. Shopee Indonesia, arguably Shopee's most important market, ranked first in the Shopping category. Shopee Brazil, which launched in October 2019, was also ranked first in the Shopping category. And globally, Shopee ranked first in the Shopping category, and is the #13 most downloaded app regardless of category, logging in 200+ million downloads in 2021.Source: SensorTowerSeaMoneySeaMoney was launched in 2014 and is now one of the leading digital financial services providers in Sea's operating countries. SeaMoney offers mobile wallet services, payment processing, credit, and other digital financial services. These services are offered under SeaMoney's various brands including AirPay, ShopeePay, SPayLater, and other local brands depending on the country. SeaMoney was initially launched in Vietnam and Thailand but has since expanded to other regions.Through SeaMoney's mobile wallet offerings, consumers and merchants have added flexibility in terms of payment options, whether through online or offline means. The launch of SPayLater, which is basically a \"buy now pay later\" payment option, enables consumers to purchase items without accessing credit. For those who are interested, I've written a deep dive on Affirm (AFRM) where I discuss the main value propositions that BNPL provides.SeaMoney has obtained bank licenses and government approvals to provide financial services in various countries. For example, Sea acquired Bank Kesejahteraan Ekonomi in Indonesia back in early 2021 as a push towards offering a digital banking solution. The company is now rebranded to SeaBank, which currently offers a high-yield savings account and virtual account.Source: SeaBank WebsiteSeaMoney's main value proposition lies in offering a mobile wallet and payment solutions that are integrated with Sea's other businesses, namely Garena and Shopee, enabling consumers and merchants to transact seamlessly in one vertically-integrated platform.Market OpportunitySea's market opportunity is predicated around the industry outlook of each of its business segments: mobile gaming, e-commerce, and fintech. Let's take a look at each industry that Sea operates in.First, we have the mobile gaming industry. According to data.ai, Mobile Game Consumer Spend grew from $74 billion in 2018 to $116 billion in 2021, while Mobile Game Downloads grew from 63 billion in 2018 to 83 billion in 2021. Among the Top Genres by Downloads were Hypercasual games such as Hair Challenge and Water Sort Puzzle. However, the Top Genres by Consumer Spend belong to the Strategy, RPG, and Shooting categories where Garena specializes in. For example, Free Fire was the top Shooting game by revenue in Thailand, Brazil, Mexico, and the US, in 2021. Globally, however, it is still behind PUBG Mobile, which generates the bulk of its revenue from China.Source: SensorTowerAccording to Adjust, the mobile gaming industry is expected to reach $272 billion by 2030, which is about 1.5x of 2021's total figure. Given Garena's successes in monetizing its games, Garena should continue to enjoy gaming tailwinds in the foreseeable future, provided that its games remain in trend. This is also supported by Unity's findings that the APAC region is the fastest-growing regional market, a market that Garena dominates in.Moving on to e-commerce, we all know that e-commerce is growing rapidly and that its market share as a whole will continue to trend up from here. This is especially true for the Southeast Asian region where internet and smartphone adoption continues to increase by the day. Based on the e-Conomy SEA report, Southeast Asia now has 440 million internet users, up from 360 million in 2019. Its total population is about 589 million.Internet Gross Merchandise Value, or GMV, for the region was $170 billion in 2021 and is expected to reach $360 billion by 2025 with e-commerce leading the charge. The shift to e-commerce is not only happening on the consumer side but also on the merchant side. Digital marketing tools, analytical tools, and digital payment solutions have accelerated business for merchants. Shopee's vertically-integrated platform also makes it easy for merchants in these developing countries to set up shop, distribute goods, and accept payments in a single platform.Source: e-Conomy SEA 2021Furthermore, Sea has recently expanded its e-commerce operations to other regions such as Latin America and Europe, which further expands its market opportunity.Lastly, we have the fintech industry pertaining to SeaMoney. In my PayPal (PYPL) deep dive, I discussed the growth of mobile wallets as a payment method in both online and offline transactions. The shift to a cashless and cardless society is inevitable and that is also true for Sea's markets.Source: Ark Invest Big Ideas 2022As you can see below, mobile wallets continue to gain traction in Southeast Asia. In addition, 92% of digital merchants intend to maintain usage or increase usage of digital payments in the next 1 to 2 years. ShopeePay and SeaMoney's other brands will benefit from this trend. Also of important note, SeaMoney's expansion to buy now pay later with SPayLater will be a key GMV and revenue driver for the segment. These are the reasons why some investors are so bullish on SeaMoney and why SeaMoney is a monster lurking in the shadows.Source: e-Conomy SEA 2021As you can see, Sea is at the forefront of three megatrends which should propel the business forward from here. Also, combining the different verticals in the same platform would present a significant synergistic opportunity as Sea establishes itself as a SuperApp in the making.Revenue ModelAs mentioned previously, Sea operates three main business segments.Digital EntertainmentGarena operates a freemium model whereby users can download and play games for free. The company generates revenue by selling in-game virtual items such as clothing, weaponry, or equipment.Investors should take note of how revenue is recognized for this segment. According to Sea's 10-K:Proceeds from these sales are initially recognized as “Advances from customers” and subsequently reclassified to “Deferred revenue” when the users make in-game purchases of the virtual currencies or virtual items within the games operated by the Company and the in-game purchases are no longer refundable.Garena also licenses games from other game developers. Revenue is generated based on revenue-sharing/royalty agreements with these developers. Revenue is recognized over the performance obligation period.Such delivery obligation period is determined in accordance with the estimated average lifespan of the virtual goods sold or estimated average lifespan of the paying users of the said games or similar games.E-commerceShopee generates revenue through a marketplace model. Sellers on the platform pay Shopee based on paid advertisement services, transaction-based fees, logistics services, and other value-added services.Shopee also generates revenue from goods sold directly by Shopee, which the company purchases in bulk from manufacturers or third-party suppliers.Digital Financial ServicesSeaMoney revenue consists of:Interest and fees from loans granted to commercial customersInterest and fees from Sea's consumer credit business such as SPayLaterCommissions charged to merchants when a customer pays using SeaMoney's mobile walletIncome StatementLet's analyze each of the business segments and then look at the entire Group as a whole.Digital EntertainmentGarena Revenue saw a 104% increase YoY in Q4. For the full year, Garena Revenue was up 114% YoY.Source: Sea Limited Investor Relations and Author's AnalysisThe rapid increase in Revenue was primarily due to recognition of accumulated deferred revenue from previous quarters. Bookings—which is essentially GAAP Revenue plus the change in digital entertainment deferred revenue —actually dropped for the first time QoQ and it is now lower than Revenue. This means that gamers are spending less on in-virtual items which will lead to lower Revenue recognized in subsequent quarters. As you can see, Bookings is in a massive deceleration.Source: Sea Limited Investor Relations and Author's AnalysisThe drop in Bookings was due to fewer gamers in the platform as the economy reopens and people spend more time outdoors, at school, or in the office. Quarterly Active Users, or QAUs, grew only 7% in Q4 to 652 million, compared to Q3's QAUs of 729 million.Source: Sea Limited Investor Relations and Author's AnalysisAs a result, Quarterly Paying Users, or QPUs, decelerated as well, which led to lower Bookings. Q4 QPUs was 77 million compared to Q3's 93 million.Source: Sea Limited Investor Relations and Author's AnalysisThe markets reacted negatively to this slowdown in Garena growth as the gaming business acts as the lifeline for Sea's two other segments. As you can see, Garena is a high-margin business, producing Adjusted EBITDA of $2.7 billion in FY2021. Operating Margin is very high at 61% in Q4. AEBITDA margin, on the other hand, is trending downwards as QoQ adds in Bookings wither.Source: Sea Limited Investor Relations and Author's AnalysisAs such, the slowdown in growth for Garena is scaring investors away as it may not provide sufficient cash flow to fund the continued growth of Shopee and SeaMoney.E-CommerceShopee GMV continues its upward march as e-commerce continues to gain traction in Shopee's existing and newer markets. However, we're also seeing a deceleration in growth due to tough YoY comps. GMV in FY2021 was $62.5 billion, an increase of 77%.Source: Sea Limited Investor Relations and Author's AnalysisGMV growth was also due to an increase in Orders in the Shopee platform, which totaled 6.1 billion in FY2021, an increase of 117%. Average Order Value, or AOV, however, is trending downwards. This may be perceived negatively as processing more lower-AOV orders meant higher logistical expenses and thus lower margins per order.Source: Sea Limited Investor Relations and Author's AnalysisThe increase in GMV translated to higher Shopee Revenue, which grew faster than GMV. Shopee Revenue grew 136% to $5.1 billion in FY2021, as compared to GMV growth of 77%.Source: Sea Limited Investor Relations and Author's AnalysisThe faster growth in Revenue was due to Shopee's increasing take rate, which displays Shopee's ability to monetize its marketplace platform. This is one of the only few positive developments coming out of the most recent earnings update.Source: Sea Limited Investor Relations and Author's AnalysisDespite the improving Revenue and take rate, Shopee is still suffering huge losses and it is mounting with each subsequent quarter, primarily due to the company expanding into new markets. FY2021 Shopee AEBITDA was $(2.6) billion at a -50% margin. Recall that Garena AEBITDA was $2.7 billion.Source: Sea Limited Investor Relations and Author's AnalysisAEBITDA per Order has been improving, although it flat-lined in the last few quarters. Again, this is due to the company aggressively expanding into new markets. For example, in Q4, Shopee Brazil recorded 140+ million gross orders with a $70+ million Revenue, up 400% and 326%, respectively. However, AEBITDA per Order in Brazil is still negative at $(2) per Order, despite being a 40% improvement from last year. As such, it is still a far cry from the overall AEBITDA per Order of $(0.45).Source: Sea Limited Investor Relations and Author's AnalysisOn the bright side, in Southeast Asia and Taiwan, Q4 AEBITDA per Order before \"allocation of the headquarters’ common expenses\" was $(0.15), an improvement from last year's $(0.21). This shows that there is certainly hope for Shopee to be AEBITDA positive soon, which management has pointed out during the Q4 earnings call:We currently expect Shopee to achieve positive adjusted EBITDA before HQ cost allocation in Southeast Asia and Taiwan by this year. We also expect SeaMoney to achieve positive cash flow by next year. As a result, we currently expect that by 2025 cash generated by Shopee and SeaMoney proactively will enable these two businesses to substantially self-fund their own long-term growth.Digital Financial ServicesSeaMoney's Mobile Wallet Total Payment Volume grew 120% YoY to $17.2 billion in FY2021 due to the increasing adoption of mobile wallets in the region.Source: Sea Limited Investor Relations and Author's AnalysisThe growth in TPV was largely driven by the growth in QAUs. As shown below, the total ending QAUs in Q4 grew 90% YoY to 45.8 million users.Source: Sea Limited Investor Relations and Author's AnalysisThe real exciting part is that Revenue grew much faster than TPV and QAUs. SeaMoney Revenue is growing at a blistering pace, locking in high triple-digit growth rates over the last few years. FY2021 SeaMoney Revenue was $470 million, which is an increase of 673% from the previous year. This is due to take rates increasing from less than 1% in FY2020 to almost 4% by the end of the latest quarter.Source: Sea Limited Investor Relations and Author's AnalysisFurthermore, in Indonesia, over 20% of the QAUs have used more than one SeaMoney product or service, which includes credit services, digital banking, and insurance. As SeaMoney introduces more offerings, revenue should accelerate meaningfully as average revenue per user increases when people use additional products.As SeaMoney continues to gain scale, the segment will enjoy better unit economics. As shown below, while SeaMoney's AEBITDA is still in deeply negative territories, AEBITDA Margins has continued to trend towards profitability. Management also expects SeaMoney to be cash flow positive by next year.Source: Sea Limited Investor Relations and Author's AnalysisThis is the segment that investors should pay special attention to, given that it has the potential to be Sea's second cash cow. For example, PayPal has Operating Margins of 20%+, which could be SeaMoney's long-term margin profile.GroupWith that said, let's take a look at how the business is doing as a whole.FY2021 Revenue was $10.0 billion, an increase of 128% YoY. Due to the law of large numbers and tough YoY comps, Revenue growth should decelerate from here.Source: Sea Limited Investor Relations and Author's AnalysisHere, we can see how Revenue is distributed across the different segments.Source: Sea Limited Investor Relations and Author's AnalysisWhat's encouraging is that Gross Profit Margins continue to trend upwards as the company gains economies of scale, even accounting for Shopee's aggressive expansion into new markets. FY2021 Gross Profit was $3.9 billion, up 189% YoY.Source: Sea Limited Investor Relations and Author's AnalysisOperating Expenses, however, remain elevated as management forgoes short-term profitability for long-term market dominance. FY2021 Total Operating Expenses were $5.5 billion. Below shows the different components of Operating Expenses as a percentage of Revenue.Source: Sea Limited Investor Relations and Author's AnalysisMost of the Operating Expenses were used for Sales & Marketing purposes. Unsurprisingly, Shopee had the highest S&M burn rate. Discounts, cashback, celebrity promotions... they're everywhere.Source: Sea Limited Investor Relations and Author's AnalysisAs a result, Operating Profit Margins is still negative, although it is trending in the right direction.Source: Sea Limited Investor Relations and Author's AnalysisAEBITDA, on the other hand, is plunging. This is due to Garena's falling Bookings and Shoppe's widening losses. AEBITDA for FY2021 was $(594) million, compared to FY2020 positive AEBITDA of $107 million. This is probably the most concerning figure for investors as such a high cash burn rate is unsustainable, which may also lead to additional capital raises that are dilutive to shareholders.Source: Sea Limited Investor Relations and Author's AnalysisThe guidance did not help either. Garena Bookings is expected to fall to just $3 billion, which is $1.3 billion lower than FY2021's number. Management blamed the reopening of the economy as well as the ban of Free Fire in India for the expected drop in Bookings. Assuming a modest 50% AEBITDA margin, Garena would bring in just $1.5 billion of AEBITDA for Sea in FY2022.On the other side, the other two segments are expected to continue with their immense pace of growth — Shopee and SeaMoney are expected to grow by 76% and 155%, respectively. If we assume a (50)% AEBITDA margin for both segments, Shopee and SeaMoney is expected to burn a total of about $(5.1) billion of AEBITDA. Adding Garena's estimated AEBITDA of $1.5 billion, Sea, as a Group, is expected to burn $(3.6) billion in FY2021.Source: Sea Limited FY2021 Q4 Investor PresentationBecause Garena is such an important piece of Shopee's and SeaMoney's growth story, a deceleration in Garena's business had investors reacting so negatively to Sea's latest earnings release, as now, the gaming business is incapable of covering the massive losses incurred by the other two business segments.Balance SheetSea's balance sheet position as of year-end FY2021 is at about $10.2 billion of Cash and Short Term Investments. While this may show that Sea has a substantial cushion against its short-term cash burn rate, its net cash position paints a different picture.Source: Sea Limited FY2021 Q4 Investor PresentationAdjusting for Sea's debt, Sea ended the year with a net cash position of around $5.9 billion. A substantial amount of its total debt comes from its recent issuance of 0.25% Convertible Senior Notes due 2026. The notes were issued when the stock was trading at $318 per share back in September and the initial conversion price is set at $477 per share. So, yes... conversion in the next 2 to 3 years is very unlikely.Source: Sea Limited Investor Relations and Author's AnalysisWith net cash of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won't be long before Sea requires another cash infusion. Therefore, if the high cash burn rate persists for the next 2 to 3 years, investors face a major risk of increasing financial leverage and/or dilution in the form of equity raises.Cash Flow StatementHere is what cash flow looks like over the last few quarters. Notice how Operating Cash Flow turned negative in the last quarter. Most of the cash also comes from Financing activities.Source: Sea Limited Investor Relations and Author's AnalysisUnlike other high-flying growth companies, Sea's Share-Based Compensation expenses are relatively low.Source: Sea Limited Investor Relations and Author's AnalysisCompetitive MoatsBased on my research and analysis, I identified three key competitive moats for Sea: brand, network effects, and barriers to entry. I used to think that Sea has cost advantages but as Garena becomes a smaller part of the overall business, and as losses continue to worsen, I have reason to believe that Sea no longer holds that moat.BrandAs discussed in previous sections, Garena's games, particularly Free Fire, have consistently ranked as the most downloaded mobile game in the world. Additionally, the Shopee app has gained cross-border stardom and is now regarded as the most downloaded or fastest-trending shopping App in the countries it operates in. Lastly, SeaMoney is also gaining traction with banking licenses granted in various countries that should increase brand value and trust.Network EffectsThe sheer amount of app downloads leads to powerful network effects. Garena has 652 million QAUs, which is about 8% of the world's population. Shopee recorded 200+ million app downloads in FY2021 alone. SeaMoney QAUs topped 45.8 million in Q4 and it is still in the early stages of adoption.With all these users in the Sea platform, cross-selling new products or services should be easier as Sea continues to scale. One such example is Shopee Brazil and Free Fire where each platform is encouraging consumers to use the other. As Sea continues to innovate and offer better experiences for its customers, the ecosystem gets bigger and tighter, leading to powerful network effects.Source: Shopee BrazilBarriers To EntryI believe each of Sea's core businesses is operating in a winner-takes-most environment with high barriers to entry.The mobile gaming environment requires the most talented developers to launch blockbuster games. Garena's Free Fire is certainly a blockbuster game and time in Free Fire's game means time away from other mobile games.Just like how Amazon (AMZN) dominates in the US, the e-commerce landscape in Southeast Asia and Latin America is dominated by a few players, such as Shopee, Tokopedia, and MercadoLibre (MELI). The scale and unit economics that these players have achieved makes it unsustainable for new entrants to compete with them.Banking and fintech is also a highly-regulated environment. Furthermore, consumers prefer to have just one mobile wallet, such as ShopeePay, as opposed to owning several different fintech applications.ValuationBased on my sum-of-the-parts and comparable company valuation analysis, Sea looks to be slightly undervalued with 19% upside potential. Of course, comparables are not perfect but based on this, we can gauge where Sea stands among peers.Source: Author's AnalysisOn the flip side, Sea looks extremely cheap on a historical basis. In terms of EV/Sales, Sea is trading at the lowest valuation since its IPO, trading at just 4.2x forward sales.Source: KoyfinIn terms of EV/Gross Profit, Sea is trading even cheaper than its March 2020 lows.Source: KoyfinThe valuation compression is warranted given that the company flew too close to the sun and now it is cratering back to the sea — not just for Sea, but almost all growth stocks took a beating. Growth is also slowing down and the macroeconomic environment looks gloomier than ever. However, this is not the end of the world; I think the markets are overreacting. Diversion from the mean goes both ways — perhaps, current prices present a good margin of safety for long-term investors.CatalystsSuccessful International Expansion — Shopee has been successful in replicating its playbook from Southeast Asia to Brazil. Recently, Shopee launched operations in India, Mexico, Chile, Colombia, Argentina, Poland, and Spain. If Shopee can take substantial market share in these new regions, Shopee's growth could turn exponential.The Metaverse — Sea's withering gaming division needs to be revitalized. New games and features could definitely provide the boost that it needs. For example, the metaverse is an exciting opportunity and Garena could introduce this concept to its 600+ million QAUs. Sea AI Lab (SAIL) and Sea Capital are two ventures that could accelerate the company into emerging industries, including the metaverse.We will continue to encourage user-generated content by enhancing greater features and accessibility. We believe that a strong user reception to Craftland is a positive indicator of the initial success to encourage user participation in content creation and to build Free Fire into an increasingly open platform and is well aligned with major emerging industry trends such as metaverse.Regional SuperApp — Although this concept has yet to be discussed by management, launching a regional SuperApp could enhance user engagement to new levels. For example, imagine Shopee users being able to play games, shop, order food delivery, pay for services, transfer money, invest, all under one app. Imagine users being able to convert their deposited funds in ShopeePay, into ShopeeCoins, and use it to perform cross-border transactions.Continued Growth In SeaMoney — SeaMoney is still in its early stages and continued adoption of Sea's digital financial services offerings will be a strong addition to Sea's bull thesis. SPayLater has real potential to disrupt the consumer credit industry. SeaBank and ShopeePay have the opportunity to capture digital wallet, digital banking, and cashless society trends.Free Fire India Ban Lift— Garena's weak guidance factored in the headwinds coming from the ban in India. If the ban is lifted, the stock may react positively as much of Sea's cash burn problems may be eliminated.RisksThe Pressure to Launch Blockbuster Games— There will come a time when Free Fire will be dethroned as the most-played and most-downloaded game. That is just how the gaming business works. This puts a substantial risk on the cash flow generation potential of Garena. Launching blockbuster games is never easy and it requires many trials and errors along the way. For me, I would like to see Garena shift to a gaming franchise model where the company launches an updated version of an existing game every year or two, which presents a more stable and recurring revenue stream for the company. An example would be FIFA or Call of Duty.Shopee India Ban — With Free Fire banned in India, there's also the potential for Shoppe to be banned as well.Failure to Gain Traction in International Markets— Shopee pulled out of France in early March, an indication that Shoppe's business model is not replicable in other countries, especially in more developed regions. Shopee Poland and Spain may be next on the exit list as they hold a close resemblance to France.Geopolitical Risks— Tencent, a Chinese company, has an 18.7% equity stake in Sea. Sanctions, bans, and other restrictions on Chinese companies, given the current geopolitical environment, could spell trouble for Sea. Tencent may have to cut exposure on Sea or even dissolve its developing-publishing partnership with Garena.Local Competition— Local champions operating in their respective markets cannot be ignored. These include GoTo in Indonesia, MercadoLibre in Latin America, and Flipkart in India.In addition, there's a certain level of pride for consumers to see their native-born companies succeed. I'm Indonesian, and it makes me really happy to see GoTo grow and grow.GoTo, the holding company of both Indonesian tech darlings Gojek and Tokopedia, recently announced its plan to IPO in the Indonesia Stock Exchange. Here's a glance of GoTo's stats for the 12-months ended 30 September 2021:Valuation: $26.2 billion to $28.8 billionGMV: $28.8 billionRevenue: $1 billionGross Orders: 2 billionAnnual Transacting Users: 55 millionDriver Partners: 2.5 millionMerchants: 14 millionThe point is that there are big-time local players operating in Sea's markets that investors should never ignore. Here's a little snippet from my previous Shopee article:But with the GoTo merger, Indonesia could potentially extinguish the orange flame that charred its forest for many years. Now, GoTo could finally reclaim a good chunk of its territory that was lost to waves of competition, especially from Shopee. GoTo could finally gain more ground as the roots grew even stronger with the merger, fertilized with the synergies of value propositions, logistics, payments, and banking solutions.Meanwhile, Sea Limited's stock continues to soar, ignoring the titan of an elephant in the room. And because of GoTo's integration, Shopee's vertically-integrated business model doesn't look like a strong competitive advantage anymore.ConclusionEach of Sea's core businesses is in hypergrowth mode, propelled by megatrends in the mobile gaming, e-commerce, and fintech industry. Management understands these opportunities and therefore, is sacrificing short-term profitability for long-term market dominance. Despite being a larger business, Sea still has a massive growth runway ahead.That is not to say that unprofitability and competition risks can and should be ignored. The biggest concern for investors is the company's unsustainable cash burn rate, which will likely lead to further capital raises in the near future.Nonetheless, the long-term growth thesis for the three-headed monster remains intact. Strong brand, network effects, and barriers to entry moats should support the business going forward. In addition, shares of Sea are trading at the lowest valuation multiples ever, which presents a good margin of safety for an entry at these prices.Thank you for reading my Sea Limited deep dive. If you enjoyed the article, please let me know in the comment section down below. If you have any suggestions or feedback, don't hesitate to share your thoughts as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090256934,"gmtCreate":1643206235292,"gmtModify":1676533784954,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090256934","repostId":"1151637138","repostType":4,"repost":{"id":"1151637138","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1643201887,"share":"https://www.laohu8.com/m/news/1151637138?lang=&edition=full","pubTime":"2022-01-26 20:58","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures Jump 2%; All Eyes on Fed's Policy Decision","url":"https://stock-news.laohu8.com/highlight/detail?id=1151637138","media":"Tiger Newspress","summary":"U.S. stock index futures jumped on Wednesday following two days of turbulent trading, helped by stel","content":"<html><head></head><body><p>U.S. stock index futures jumped on Wednesday following two days of turbulent trading, helped by stellar results from Microsoft, while investors looked to the outcome of the Federal Reserve&#39;s policy meeting.</p><p>The policy decision is due at 2 p.m. ET, where the U.S. central bank is likely to signal the start of an interest rate hike cycle beginning March.</p><p>The announcement will be followed by Fed chairman Jerome Powell&#39;s news conference, which will be parsed for clues on the magnitude and pace of hikes for the year and strategy for shrinking its roughly $9 trillion balance sheet.</p><p><b>Market Snapshot</b></p><p>At 7:57 a.m. ET, Dow e-minis were up 340 points, or 0.99%, S&amp;P 500 e-minis were up 58.75 points, or 1.35%, and Nasdaq 100 e-minis were up 276 points, or 1.95%.</p><p><img src=\"https://static.tigerbbs.com/8edd9ca5c27f01004ef3bcdae1e9a6f3\" tg-width=\"380\" tg-height=\"176\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p>Boeing (BA) – Boeing reported a loss of $7.69 per share for the fourth quarter, as it took $4.4 billion in charges relating to a variety of issues, including delivery delays for the 787 widebody jet. Analysts had expected a loss of 42 cents per share. Boeing generated positive cash flow for the quarter, the first time since the first quarter of 2019, and the stock rose 1.1% in the premarket.</p><p>AT&amp;T (T) – AT&amp;T gained 1% in the premarket after reporting better-than-expected fourth-quarter profit and revenue. AT&amp;T beat estimates by 2 cents with an adjusted quarterly profit of 78 cents per share, helped by strong growth for its HBO Max unit.</p><p>Mattel (MAT) – Mattel surged 7.9% in premarket trading after the Wall Street Journal reported Mattel won back the rights to produce toys based on Walt Disney’s “Frozen” franchise from Hasbro (HAS). Hasbro fell 1.7%.</p><p>Corning (GLW) – Corning rallied 7.7% in premarket trading after reporting better-than-expected quarterly earnings and revenue. The materials science company also issued an upbeat forecast, as it sees growth in areas like optical components, life sciences and automotive.</p><p>Kimberly-Clark (KMB) – The consumer products company’s stock fell 4.4% in the premarket after issuing weaker-than-expected revenue and earnings guidance. Kimberly-Clark did, however, report better-than-expected profit and revenue for the fourth quarter.</p><p>DraftKings (DKNG) – The sports betting company’s stock jumped 6.7% in the premarket after Morgan Stanley upgraded it to “overweight” from “in-line.” The firm said the U.S. sports betting and gaming market is likely to be very large with only a few winners, and that DraftKings will be one of them.</p><p>Microsoft (MSFT) – Microsoft reported a quarterly profit of $2.48 per share, 17 cents above estimates, with revenue also beating Wall Street forecasts. Microsoft also gave an upbeat forecast for the current quarter, as cloud services revenue continued to post strong growth. Microsoft rallied 3.8% in premarket trading.</p><p>Texas Instruments (TXN) – Texas Instruments earned $2.27 per share for its latest quarter, compared with a consensus estimate of $1.94, and revenue above estimates. The chipmaker also issued an outlook that exceeded analyst forecasts amid continued strong demand for semiconductors. Shares jumped 4.3% in premarket action.</p><p>F5 (FFIV) – F5 slumped 13% in premarket trading after the cloud security company’s current quarter guidance fell below analyst forecasts. It also cut its full-year outlook, due in part to the impact of supply chain issues.</p><p>Navient (NAVI) – Navient tumbled 11.7% in the premarket after the student loan servicing company reported a quarterly loss amid higher expenses and falling revenue.</p><p><b>Market News</b></p><p>General Motors Co (GM.N) said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting production of full-size electric pickups, intensifying a battle with rival Ford Motor Co (F.N) for EV supremacy in North America.</p><p>Thailand on Tuesday became the first country in Asia to approve the de facto decriminalization of marijuana, though authorities have left a grey area around its recreational use.</p><p>Jinko Solar Co. more than doubled on its first day of trading in Shanghai, giving it a massive premium to its parent’s listing in the U.S.</p><p>U.S. listed Chinese electric vehicle maker Nio Inc is exploring a secondary listing in Singapore as early as this year, cnEVpost reported.</p><p>Progenity (NASDAQ:PROG) announced that the United States Patent and Trademark Office (USPTO) issued it a new patent related to the single-molecule detection assay platform currently undergoing studies.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜Nasdaq Futures Jump 2%; All Eyes on Fed's Policy Decision</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\">\nPre-Bell｜Nasdaq Futures Jump 2%; All Eyes on Fed's Policy Decision\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-26 20:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures jumped on Wednesday following two days of turbulent trading, helped by stellar results from Microsoft, while investors looked to the outcome of the Federal Reserve&#39;s policy meeting.</p><p>The policy decision is due at 2 p.m. ET, where the U.S. central bank is likely to signal the start of an interest rate hike cycle beginning March.</p><p>The announcement will be followed by Fed chairman Jerome Powell&#39;s news conference, which will be parsed for clues on the magnitude and pace of hikes for the year and strategy for shrinking its roughly $9 trillion balance sheet.</p><p><b>Market Snapshot</b></p><p>At 7:57 a.m. ET, Dow e-minis were up 340 points, or 0.99%, S&amp;P 500 e-minis were up 58.75 points, or 1.35%, and Nasdaq 100 e-minis were up 276 points, or 1.95%.</p><p><img src=\"https://static.tigerbbs.com/8edd9ca5c27f01004ef3bcdae1e9a6f3\" tg-width=\"380\" tg-height=\"176\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p>Boeing (BA) – Boeing reported a loss of $7.69 per share for the fourth quarter, as it took $4.4 billion in charges relating to a variety of issues, including delivery delays for the 787 widebody jet. Analysts had expected a loss of 42 cents per share. Boeing generated positive cash flow for the quarter, the first time since the first quarter of 2019, and the stock rose 1.1% in the premarket.</p><p>AT&amp;T (T) – AT&amp;T gained 1% in the premarket after reporting better-than-expected fourth-quarter profit and revenue. AT&amp;T beat estimates by 2 cents with an adjusted quarterly profit of 78 cents per share, helped by strong growth for its HBO Max unit.</p><p>Mattel (MAT) – Mattel surged 7.9% in premarket trading after the Wall Street Journal reported Mattel won back the rights to produce toys based on Walt Disney’s “Frozen” franchise from Hasbro (HAS). Hasbro fell 1.7%.</p><p>Corning (GLW) – Corning rallied 7.7% in premarket trading after reporting better-than-expected quarterly earnings and revenue. The materials science company also issued an upbeat forecast, as it sees growth in areas like optical components, life sciences and automotive.</p><p>Kimberly-Clark (KMB) – The consumer products company’s stock fell 4.4% in the premarket after issuing weaker-than-expected revenue and earnings guidance. Kimberly-Clark did, however, report better-than-expected profit and revenue for the fourth quarter.</p><p>DraftKings (DKNG) – The sports betting company’s stock jumped 6.7% in the premarket after Morgan Stanley upgraded it to “overweight” from “in-line.” The firm said the U.S. sports betting and gaming market is likely to be very large with only a few winners, and that DraftKings will be one of them.</p><p>Microsoft (MSFT) – Microsoft reported a quarterly profit of $2.48 per share, 17 cents above estimates, with revenue also beating Wall Street forecasts. Microsoft also gave an upbeat forecast for the current quarter, as cloud services revenue continued to post strong growth. Microsoft rallied 3.8% in premarket trading.</p><p>Texas Instruments (TXN) – Texas Instruments earned $2.27 per share for its latest quarter, compared with a consensus estimate of $1.94, and revenue above estimates. The chipmaker also issued an outlook that exceeded analyst forecasts amid continued strong demand for semiconductors. Shares jumped 4.3% in premarket action.</p><p>F5 (FFIV) – F5 slumped 13% in premarket trading after the cloud security company’s current quarter guidance fell below analyst forecasts. It also cut its full-year outlook, due in part to the impact of supply chain issues.</p><p>Navient (NAVI) – Navient tumbled 11.7% in the premarket after the student loan servicing company reported a quarterly loss amid higher expenses and falling revenue.</p><p><b>Market News</b></p><p>General Motors Co (GM.N) said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting production of full-size electric pickups, intensifying a battle with rival Ford Motor Co (F.N) for EV supremacy in North America.</p><p>Thailand on Tuesday became the first country in Asia to approve the de facto decriminalization of marijuana, though authorities have left a grey area around its recreational use.</p><p>Jinko Solar Co. more than doubled on its first day of trading in Shanghai, giving it a massive premium to its parent’s listing in the U.S.</p><p>U.S. listed Chinese electric vehicle maker Nio Inc is exploring a secondary listing in Singapore as early as this year, cnEVpost reported.</p><p>Progenity (NASDAQ:PROG) announced that the United States Patent and Trademark Office (USPTO) issued it a new patent related to the single-molecule detection assay platform currently undergoing studies.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151637138","content_text":"U.S. stock index futures jumped on Wednesday following two days of turbulent trading, helped by stellar results from Microsoft, while investors looked to the outcome of the Federal Reserve's policy meeting.The policy decision is due at 2 p.m. ET, where the U.S. central bank is likely to signal the start of an interest rate hike cycle beginning March.The announcement will be followed by Fed chairman Jerome Powell's news conference, which will be parsed for clues on the magnitude and pace of hikes for the year and strategy for shrinking its roughly $9 trillion balance sheet.Market SnapshotAt 7:57 a.m. ET, Dow e-minis were up 340 points, or 0.99%, S&P 500 e-minis were up 58.75 points, or 1.35%, and Nasdaq 100 e-minis were up 276 points, or 1.95%.Pre-Market MoversBoeing (BA) – Boeing reported a loss of $7.69 per share for the fourth quarter, as it took $4.4 billion in charges relating to a variety of issues, including delivery delays for the 787 widebody jet. Analysts had expected a loss of 42 cents per share. Boeing generated positive cash flow for the quarter, the first time since the first quarter of 2019, and the stock rose 1.1% in the premarket.AT&T (T) – AT&T gained 1% in the premarket after reporting better-than-expected fourth-quarter profit and revenue. AT&T beat estimates by 2 cents with an adjusted quarterly profit of 78 cents per share, helped by strong growth for its HBO Max unit.Mattel (MAT) – Mattel surged 7.9% in premarket trading after the Wall Street Journal reported Mattel won back the rights to produce toys based on Walt Disney’s “Frozen” franchise from Hasbro (HAS). Hasbro fell 1.7%.Corning (GLW) – Corning rallied 7.7% in premarket trading after reporting better-than-expected quarterly earnings and revenue. The materials science company also issued an upbeat forecast, as it sees growth in areas like optical components, life sciences and automotive.Kimberly-Clark (KMB) – The consumer products company’s stock fell 4.4% in the premarket after issuing weaker-than-expected revenue and earnings guidance. Kimberly-Clark did, however, report better-than-expected profit and revenue for the fourth quarter.DraftKings (DKNG) – The sports betting company’s stock jumped 6.7% in the premarket after Morgan Stanley upgraded it to “overweight” from “in-line.” The firm said the U.S. sports betting and gaming market is likely to be very large with only a few winners, and that DraftKings will be one of them.Microsoft (MSFT) – Microsoft reported a quarterly profit of $2.48 per share, 17 cents above estimates, with revenue also beating Wall Street forecasts. Microsoft also gave an upbeat forecast for the current quarter, as cloud services revenue continued to post strong growth. Microsoft rallied 3.8% in premarket trading.Texas Instruments (TXN) – Texas Instruments earned $2.27 per share for its latest quarter, compared with a consensus estimate of $1.94, and revenue above estimates. The chipmaker also issued an outlook that exceeded analyst forecasts amid continued strong demand for semiconductors. Shares jumped 4.3% in premarket action.F5 (FFIV) – F5 slumped 13% in premarket trading after the cloud security company’s current quarter guidance fell below analyst forecasts. It also cut its full-year outlook, due in part to the impact of supply chain issues.Navient (NAVI) – Navient tumbled 11.7% in the premarket after the student loan servicing company reported a quarterly loss amid higher expenses and falling revenue.Market NewsGeneral Motors Co (GM.N) said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting production of full-size electric pickups, intensifying a battle with rival Ford Motor Co (F.N) for EV supremacy in North America.Thailand on Tuesday became the first country in Asia to approve the de facto decriminalization of marijuana, though authorities have left a grey area around its recreational use.Jinko Solar Co. more than doubled on its first day of trading in Shanghai, giving it a massive premium to its parent’s listing in the U.S.U.S. listed Chinese electric vehicle maker Nio Inc is exploring a secondary listing in Singapore as early as this year, cnEVpost reported.Progenity (NASDAQ:PROG) announced that the United States Patent and Trademark Office (USPTO) issued it a new patent related to the single-molecule detection assay platform currently undergoing studies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900532378,"gmtCreate":1658725036694,"gmtModify":1676536198443,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9900532378","repostId":"2254296074","repostType":4,"repost":{"id":"2254296074","pubTimestamp":1658713622,"share":"https://www.laohu8.com/m/news/2254296074?lang=&edition=full","pubTime":"2022-07-25 09:47","market":"us","language":"en","title":"Fed, Tech Earnings, GDP Data: What to Know Ahead of the Busiest Week of the Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2254296074","media":"Yahoo Finance","summary":"The busiest week of the year for investors is here.A jam-packed week of market-moving developments a","content":"<html><head></head><body><p>The busiest week of the year for investors is here.</p><p>A jam-packed week of market-moving developments awaits investors in the coming days, headlined by the Fed, tech earnings, and key economic data.</p><p>The Federal Reserve&#39;s latest policy meeting is set to take place this coming Tuesday and Wednesday, July 26-27, with the central bank expected to raise interest rates another 75 basis points.</p><p>On the earnings side, some of the most S&amp;P 500’s most heavily-weighted components — including Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (FB), Apple (AAPL), and Amazon (AMZN) — are among more than 170 companies scheduled to report second-quarter results through Friday.</p><p><img src=\"https://static.tigerbbs.com/4ada7b243e14854832b5370b492cab57\" tg-width=\"2044\" tg-height=\"1448\" referrerpolicy=\"no-referrer\"/></p><p>Also on spotlight will be Thursday&#39;s advance estimate of second quarter GDP, as market participants continue to debate whether a recession is already underway. Economists expect this report to show the economy grew at an annualized pace of 0.5% last quarter, according to estimates from Bloomberg.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0257c07b94036425ca0041e05623685c\" tg-width=\"960\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/><span>Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua Roberts</span></p><p>All three major U.S. indexes logged gains last week after broad-based advances across sectors. On Tuesday, 98% of stocks in the benchmark S&amp;P 500 advanced, the most since December 26, 2018, the first trading day after the market bottom that occurred on December 24, 2018, according to data from LPL Financial.</p><p>Recent gains have pushed up the index by roughly 6% since June 16, stoking optimism among some investors that the worst of the recent market downturn is over.</p><p>“While breadth has been rather unimpressive during the market’s rally since the June lows, days like Tuesday are exactly what we are looking for, and can go a long way towards changing the character of this market,” LPL strategist Scott Brown said in a note. “To be clear, the S&amp;P 500 is not out of the woods yet.”</p><p>Tuesday pushed the index to a close above the 50-day moving average for the first time since April 20, but it remained just short of the late-June intraday highs, Brown pointed out.</p><p>If the Federal Reserve proceeds with hiking rates three quarters of a percentage point later this week, the Federal funds rate will have moved from near 0% less than five months ago to a range of 2.25%-2.5% — a level in line with most officials’ estimates of the long-run neutral.</p><p>“The Fed has told us they’re unlikely to let up on the brakes until they see a convincing shift in the trajectory of monthly inflation readings that would signal progress towards the Fed’s 2% target,” PGIM Fixed Income lead economist Ellen Gaske said in emailed comments. “We expect Powell will likely reiterate that message at his post-meeting press conference.”</p><p>Federal Reserve Chair Jerome Powell is set to deliver remarks at 2:30 p.m. ET Wednesday, shortly after the U.S. central bank’s policy decision comes out at 2:00 p.m. ET.</p><p>“We suspect it’s likely too soon for the Fed to convey a much more forward-looking point of view, as the most recent inflation readings still showed high and widespread price pressures,” Gaske said. “But with each additional hike from here, the lagged effects of the Fed’s tightening measures will be increasingly important to consider.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59626e18211886e9fe5f70ddf13a84e5\" tg-width=\"960\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/><span>WASHINGTON, DC - JUNE 23: Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System testifies before the House Committee on Financial Services June 23, 2022 in Washington, DC. Powell testified on monetary policy and the state of the U.S. economy. (Photo by Win McNamee/Getty Images)</span></p><p>Last month, U.S. consumer prices again accelerated at the fastest annual pace since November 1981. The Bureau of Labor Statistics&#39; Consumer Price Index (CPI) reflected a year-over-year increase of 9.1% in June’s reading, marking the highest print of the inflation cycle.</p><p>Economists at Goldman Sachs said in a note last week that inflation expectations have notably softened since the FOMC last met in June, referencing downward revisions to the University of Michigan’s final read on 5-10 year inflation expectations, a decline in the survey’s preliminary July figure, and a “material” downtrend in market-based measures of inflation.</p><p>“This softening of inflation expectations is one reason why we expect the FOMC will not accelerate the near-term hiking pace and will deliver a 75bp hike at the July FOMC meeting,” Goldman economists led by Jan Hatzius said.</p><p>In addition to the Fed and earnings, investors will closely watch the government’s first estimate of gross domestic product – the broadest measure of economic activity — for the second quarter, set for release Thursday morning.</p><p>The Atlanta Federal Reserve’s latest GDPNow estimate for Q2 GDP on July 19, showed the economy likely shrank 1.6% last quarter. If realized, this decline would mark the second-consecutive quarter of negative economic growth and affirm to some strategists that the economy has entered a recession.</p><p>According to data from Bloomberg, Wall Street economists expect GDP grew at an annualized pace of 0.5% last quarter.</p><p>On the earnings front, results from the mega-caps will be closely watched, though hundreds of other names will draw investor attention during one of the busiest weeks for corporate results of the year. In addition to performance for the most recent three-month periods, remarks from tech heavyweights on hiring plans or other adjustments to their outlooks related to macroeconomic headwinds will be closely tracked.</p><p>In recent weeks, Apple, Microsoft, Google, and Meta have all said they would scale back on hiring across certain areas.</p><p>According to FactSet Research, 21% of companies in the S&amp;P 500 have reported second-quarter earnings through Friday, with only 68% presenting actual earnings per share above estimates — below the five-year average of 77%. Any earnings beats have also, in aggregate, been only 3.6% above estimates, less than half of the five-year average of 8.8%.</p><p>—</p><h2>Economics calendar:</h2><h2></h2><p><b>Monday: </b>Chicago Fed national activity index (June), Dallas Fed manufacturing business index (June)</p><p><b>Tuesday:</b> House price index (May), S&amp;P Case-Shiller national home price index (May), Conference Board consumer confidence index (July), New home sales (June), Richmond manufacturing index (June)</p><p><b>Wednesday: </b>MBA mortgage applications (week ended July 22)<b>, </b>Durable goods orders (June), Retail inventories (June), Wholesale inventories (June), Pending home sales (June), FOMC statement, Fed interest rate decision, Fed Chair Jerome Powell press conference</p><p><b>Thursday:</b> GDP (Q2 advance estimate), Initial jobless claims (week ended July 22), Continuing claims (week ended July 15), Kansas City Fed composite index (July)</p><p><b>Friday:</b> Core PCE price index (June), PCE price index (June), Personal income (June), Personal spending (June), Real personal consumption (June), Chicago PMI (July), UMich consumer sentiment index (July preliminary), UMich 5-year inflation expectations (July preliminary)</p><p>—</p><h2>Earnings Calendar:</h2><h2></h2><p><b>Monday: </b>Whirlpool (WHR), Squarespace (SQSP), TrueBlue (TBI), F5 (FFIV), Alexandria Real Estate Equities (ARE), Ryanair (RYAAY), NXP Semiconductor (NXPI), Newmont Corporation (NEM)</p><p><b>Tuesday: </b>Microsoft (MSFT), Alphabet (GOOGL), Coca-Cola (KO), McDonald’s (MCD), General Motors (GM), Chipotle Mexican Grill (CMG), Mondelez International (MDLZ), UPS (UPS), 3M (MMM), PulteGroup (PHM), Texas Instruments (TXN), General Electric (GE), Ameriprise Financial (AMP), Raytheon Technologies (RTX), Archer-Daniels-Midland (ADM), Chubb (CB), Canadian National Railway, Pentair (CNI), Paccar (PCAR), Kimberly-Clark (KMB), Albertsons (ACI), Teradyne (TER), Ashland (ASH), Boston Properties (BXP), FirstEnergy (FE), Visa (V)</p><p><b>Wednesday:</b> Meta Platforms (META), Boeing (BA), Ford (F), Etsy (ETSY), Qualcomm (QCOM), T-Mobile (TMUS), Bristol-Myers Squibb (BMY), Kraft Heinz (KH), Hilton Worldwide (HLT), Boston Scientific (BSX), Sherwin-Williams (SHW), Fortune Brands (FBH), Flex (FLEX), Hess Corporation (HES), Norfolk Southern Corporation (NSC), Netgear (NTGR), Cheesecake Factory (CAKE), American Water Works (AWK), Ryder System (R), Genuine Parts (GPC), Waste Management (WM), Community Health Systems (CYH), Molina Healthcare (MOH), Owens Corning (OC)</p><p><b>Thursday:</b> Apple (AAPL), Amazon (AMZN), Pfizer (PFE), Honeywell (HON), Mastercard (MA), Comcast (CMCSA), Intel (INTC), Roku (ROKU), Merck (MRK), Keurig Dr. Pepper (KDP), Hertz Global (HTZ), T.Rowe Price (TROW), Valero Energy (VLO), Northrop Grumman (NOC), V.F. Corporation (VFC), Frontier Group (ULCC), Southwest Air (LUV), Harley-Davidson (HOG), Shell (SHEL), Stanley Black and Decker (SWK), Carlyle Group (CG), Lazard (LAZ), International Paper (IP), Sirius XM (SIRI), Hershey (HSY), PG&amp;E (PCG), Hartford Financial (HIG), Celanese (CE)</p><p><b>Friday: </b>AstraZeneca (AZN), Sony (SON), Aon (AON), BNP Paribas (BNPQY)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed, Tech Earnings, GDP Data: What to Know Ahead of the Busiest Week of the Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nFed, Tech Earnings, GDP Data: What to Know Ahead of the Busiest Week of the Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-25 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/fed-tech-earnings-weekly-preview-july-25-194451575.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The busiest week of the year for investors is here.A jam-packed week of market-moving developments awaits investors in the coming days, headlined by the Fed, tech earnings, and key economic data.The ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-tech-earnings-weekly-preview-july-25-194451575.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","F":"福特汽车","AAPL":"苹果","UPS":"联合包裹","CMCSA":"康卡斯特","AMZN":"亚马逊","GE":"GE航空航天","TXN":"德州仪器","ROKU":"Roku Inc",".DJI":"道琼斯","MSFT":"微软","NXPI":"恩智浦","BA":"波音",".IXIC":"NASDAQ Composite","MCD":"麦当劳",".SPX":"S&P 500 Index","V":"Visa","RYAAY":"Ryanair Holdings plc","GOOG":"谷歌","GOOGL":"谷歌A","META":"Meta Platforms","QCOM":"高通","KO":"可口可乐"},"source_url":"https://finance.yahoo.com/news/fed-tech-earnings-weekly-preview-july-25-194451575.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2254296074","content_text":"The busiest week of the year for investors is here.A jam-packed week of market-moving developments awaits investors in the coming days, headlined by the Fed, tech earnings, and key economic data.The Federal Reserve's latest policy meeting is set to take place this coming Tuesday and Wednesday, July 26-27, with the central bank expected to raise interest rates another 75 basis points.On the earnings side, some of the most S&P 500’s most heavily-weighted components — including Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (FB), Apple (AAPL), and Amazon (AMZN) — are among more than 170 companies scheduled to report second-quarter results through Friday.Also on spotlight will be Thursday's advance estimate of second quarter GDP, as market participants continue to debate whether a recession is already underway. Economists expect this report to show the economy grew at an annualized pace of 0.5% last quarter, according to estimates from Bloomberg.Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua RobertsAll three major U.S. indexes logged gains last week after broad-based advances across sectors. On Tuesday, 98% of stocks in the benchmark S&P 500 advanced, the most since December 26, 2018, the first trading day after the market bottom that occurred on December 24, 2018, according to data from LPL Financial.Recent gains have pushed up the index by roughly 6% since June 16, stoking optimism among some investors that the worst of the recent market downturn is over.“While breadth has been rather unimpressive during the market’s rally since the June lows, days like Tuesday are exactly what we are looking for, and can go a long way towards changing the character of this market,” LPL strategist Scott Brown said in a note. “To be clear, the S&P 500 is not out of the woods yet.”Tuesday pushed the index to a close above the 50-day moving average for the first time since April 20, but it remained just short of the late-June intraday highs, Brown pointed out.If the Federal Reserve proceeds with hiking rates three quarters of a percentage point later this week, the Federal funds rate will have moved from near 0% less than five months ago to a range of 2.25%-2.5% — a level in line with most officials’ estimates of the long-run neutral.“The Fed has told us they’re unlikely to let up on the brakes until they see a convincing shift in the trajectory of monthly inflation readings that would signal progress towards the Fed’s 2% target,” PGIM Fixed Income lead economist Ellen Gaske said in emailed comments. “We expect Powell will likely reiterate that message at his post-meeting press conference.”Federal Reserve Chair Jerome Powell is set to deliver remarks at 2:30 p.m. ET Wednesday, shortly after the U.S. central bank’s policy decision comes out at 2:00 p.m. ET.“We suspect it’s likely too soon for the Fed to convey a much more forward-looking point of view, as the most recent inflation readings still showed high and widespread price pressures,” Gaske said. “But with each additional hike from here, the lagged effects of the Fed’s tightening measures will be increasingly important to consider.”WASHINGTON, DC - JUNE 23: Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System testifies before the House Committee on Financial Services June 23, 2022 in Washington, DC. Powell testified on monetary policy and the state of the U.S. economy. (Photo by Win McNamee/Getty Images)Last month, U.S. consumer prices again accelerated at the fastest annual pace since November 1981. The Bureau of Labor Statistics' Consumer Price Index (CPI) reflected a year-over-year increase of 9.1% in June’s reading, marking the highest print of the inflation cycle.Economists at Goldman Sachs said in a note last week that inflation expectations have notably softened since the FOMC last met in June, referencing downward revisions to the University of Michigan’s final read on 5-10 year inflation expectations, a decline in the survey’s preliminary July figure, and a “material” downtrend in market-based measures of inflation.“This softening of inflation expectations is one reason why we expect the FOMC will not accelerate the near-term hiking pace and will deliver a 75bp hike at the July FOMC meeting,” Goldman economists led by Jan Hatzius said.In addition to the Fed and earnings, investors will closely watch the government’s first estimate of gross domestic product – the broadest measure of economic activity — for the second quarter, set for release Thursday morning.The Atlanta Federal Reserve’s latest GDPNow estimate for Q2 GDP on July 19, showed the economy likely shrank 1.6% last quarter. If realized, this decline would mark the second-consecutive quarter of negative economic growth and affirm to some strategists that the economy has entered a recession.According to data from Bloomberg, Wall Street economists expect GDP grew at an annualized pace of 0.5% last quarter.On the earnings front, results from the mega-caps will be closely watched, though hundreds of other names will draw investor attention during one of the busiest weeks for corporate results of the year. In addition to performance for the most recent three-month periods, remarks from tech heavyweights on hiring plans or other adjustments to their outlooks related to macroeconomic headwinds will be closely tracked.In recent weeks, Apple, Microsoft, Google, and Meta have all said they would scale back on hiring across certain areas.According to FactSet Research, 21% of companies in the S&P 500 have reported second-quarter earnings through Friday, with only 68% presenting actual earnings per share above estimates — below the five-year average of 77%. Any earnings beats have also, in aggregate, been only 3.6% above estimates, less than half of the five-year average of 8.8%.—Economics calendar:Monday: Chicago Fed national activity index (June), Dallas Fed manufacturing business index (June)Tuesday: House price index (May), S&P Case-Shiller national home price index (May), Conference Board consumer confidence index (July), New home sales (June), Richmond manufacturing index (June)Wednesday: MBA mortgage applications (week ended July 22), Durable goods orders (June), Retail inventories (June), Wholesale inventories (June), Pending home sales (June), FOMC statement, Fed interest rate decision, Fed Chair Jerome Powell press conferenceThursday: GDP (Q2 advance estimate), Initial jobless claims (week ended July 22), Continuing claims (week ended July 15), Kansas City Fed composite index (July)Friday: Core PCE price index (June), PCE price index (June), Personal income (June), Personal spending (June), Real personal consumption (June), Chicago PMI (July), UMich consumer sentiment index (July preliminary), UMich 5-year inflation expectations (July preliminary)—Earnings Calendar:Monday: Whirlpool (WHR), Squarespace (SQSP), TrueBlue (TBI), F5 (FFIV), Alexandria Real Estate Equities (ARE), Ryanair (RYAAY), NXP Semiconductor (NXPI), Newmont Corporation (NEM)Tuesday: Microsoft (MSFT), Alphabet (GOOGL), Coca-Cola (KO), McDonald’s (MCD), General Motors (GM), Chipotle Mexican Grill (CMG), Mondelez International (MDLZ), UPS (UPS), 3M (MMM), PulteGroup (PHM), Texas Instruments (TXN), General Electric (GE), Ameriprise Financial (AMP), Raytheon Technologies (RTX), Archer-Daniels-Midland (ADM), Chubb (CB), Canadian National Railway, Pentair (CNI), Paccar (PCAR), Kimberly-Clark (KMB), Albertsons (ACI), Teradyne (TER), Ashland (ASH), Boston Properties (BXP), FirstEnergy (FE), Visa (V)Wednesday: Meta Platforms (META), Boeing (BA), Ford (F), Etsy (ETSY), Qualcomm (QCOM), T-Mobile (TMUS), Bristol-Myers Squibb (BMY), Kraft Heinz (KH), Hilton Worldwide (HLT), Boston Scientific (BSX), Sherwin-Williams (SHW), Fortune Brands (FBH), Flex (FLEX), Hess Corporation (HES), Norfolk Southern Corporation (NSC), Netgear (NTGR), Cheesecake Factory (CAKE), American Water Works (AWK), Ryder System (R), Genuine Parts (GPC), Waste Management (WM), Community Health Systems (CYH), Molina Healthcare (MOH), Owens Corning (OC)Thursday: Apple (AAPL), Amazon (AMZN), Pfizer (PFE), Honeywell (HON), Mastercard (MA), Comcast (CMCSA), Intel (INTC), Roku (ROKU), Merck (MRK), Keurig Dr. Pepper (KDP), Hertz Global (HTZ), T.Rowe Price (TROW), Valero Energy (VLO), Northrop Grumman (NOC), V.F. Corporation (VFC), Frontier Group (ULCC), Southwest Air (LUV), Harley-Davidson (HOG), Shell (SHEL), Stanley Black and Decker (SWK), Carlyle Group (CG), Lazard (LAZ), International Paper (IP), Sirius XM (SIRI), Hershey (HSY), PG&E (PCG), Hartford Financial (HIG), Celanese (CE)Friday: AstraZeneca (AZN), Sony (SON), Aon (AON), BNP Paribas (BNPQY)","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9050180216,"gmtCreate":1654145409435,"gmtModify":1676535402899,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050180216","repostId":"2240467746","repostType":4,"repost":{"id":"2240467746","pubTimestamp":1654141667,"share":"https://www.laohu8.com/m/news/2240467746?lang=&edition=full","pubTime":"2022-06-02 11:47","market":"us","language":"en","title":"3 Warren Buffett Stocks to Buy Hand Over Fist in June","url":"https://stock-news.laohu8.com/highlight/detail?id=2240467746","media":"Motley Fool","summary":"Riding the Oracle of Omaha's coattails has been making investors richer for decades.","content":"<html><head></head><body><p>Although there are a lot of successful strategies to make money on Wall Street, riding Warren Buffett&#39;s coattails has, arguably, been <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most profitable for the past 57 years.</p><p>Since the Oracle of Omaha, as Buffett has come to be known, became CEO of conglomerate <b>Berkshire Hathaway</b> in 1965, he&#39;s overseen the creation of close to $695 billion for his company&#39;s shareholders, and has led Berkshire&#39;s Class A shares (BRK.A) to an annual average return of 20.1%. Over 57 years, an annualized return of 20.1% equates to a total return of more than 3,600,000%!</p><p>In other words, when Warren Buffett buys shares of a publicly traded company, Wall Street and investors rightly take notice.</p><p>With all three of the major U.S. indexes undergoing their steepest pullbacks in two years, a number of stocks in Berkshire Hathaway&#39;s investment portfolio are ripe for the picking. What follows are three Warren Buffett stocks investors can confidently buy hand over fist as we steam ahead into June.</p><h2>Johnson &amp; Johnson</h2><p>Though it&#39;s one of Berkshire Hathaway&#39;s smallest positions, healthcare giant <b>Johnson &amp; Johnson</b> looks like one of the smartest buys investors can make in a volatile and uncertain investing environment.</p><p>One of the best aspects of healthcare stocks is that they&#39;re highly defensive. No matter how well or poorly the U.S. economy and stock market perform, people will always get sick and require prescription drugs, medical devices, and healthcare services. This creates a minimum level of demand for J&amp;J&#39;s products in any environment.</p><p>What&#39;s more, Johnson &amp; Johnson is one of only two publicly traded companies that&#39;s been given the highly coveted AAA credit rating from Standard &amp; Poor&#39;s (S&amp;P). Bestowing J&amp;J with its highest credit rating -- one notch higher than the AA credit rating given to the U.S. federal government -- implies that S&amp;P has the utmost confidence the company can service and repay its outstanding debt. This means even less chance that Johnson &amp; Johnson&#39;s share price will swing wildly if a recession materializes and/or if interest rates soar.</p><p>Johnson &amp; Johnson&#39;s operating segments provide another reason to be quite optimistic about its future. For instance, pharmaceuticals provide the bulk of J&amp;J&#39;s growth potential and operating margins. However, brand-name drugs have a finite span of sales exclusivity. To counter this, J&amp;J can lean on its medical-device segment, which is perfectly positioned to benefit from an aging boomer population domestically, and improving access to medical care and insurance in overseas markets. Even the company&#39;s soon-to-be spun-off consumer health segment has played a key role. Despite growing slowly, consumer health products offer strong pricing power and highly predictable cash flow.</p><p>If you need one more reason to trust J&amp;J, consider this: The company increased its base annual dividend for a 60th consecutive year in April 2022.  And if not for the COVID-19 pandemic, J&amp;J&#39;s streak of increasing its annual adjusted operating earnings would likely have been nearing 40 years. It&#39;s as rock-solid as they come among healthcare stocks.</p><h2>Bank of America</h2><p>A second Warren Buffett stock that&#39;s begging to be bought by opportunistic investors in June is money-center behemoth <b>Bank of America</b>.</p><p>The prevailing concern for bank stocks is the growing likelihood that the U.S. will dip into recession. After all, gross domestic product surprisingly retraced in the first quarter. When recessions strike, it&#39;s not uncommon for banks to see their loan delinquency rates and charge-offs rise, which results in more money being set aside to cover losses. The end result being that earnings per share declines.</p><p>However, there are two sides to economic cycles. Even though recessions are inevitable, they often last just a couple of months to a few quarters. By comparison, economic expansions are measured in years, and have even gone on for more than a decade. While recessions can be challenging, BofA spends a disproportionately longer amount of time benefiting from loan and deposit growth in an expanding U.S. and global economy. In other words, patience tends to pay off handsomely with big-bank stocks.</p><p>What makes Bank of America a particularly intriguing buy right now is the company&#39;s interest rate sensitivity. With the Federal Reserve altering its stance on monetary policy and aiming to rapidly increase interest rates to tame inflation, no large bank is set to benefit more than BofA. According to a recent company presentation, a 100-basis-point parallel shift in the interest rate yield curve is expected to translate into an estimated $5.4 billion in added net interest income over 12 months.  Bank of America doesn&#39;t have to do any extra work to make more money on its variable-rate outstanding loans.</p><p>The company&#39;s digitization initiatives are paying dividends as well. An additional 5 million BofA customers (42 million in total) are actively banking online or via mobile app than were doing so three years ago. Further, 53% of total sales were completed digitally in the first quarter of 2022, which was up 23 percentage points from the comparable quarter in 2019 (i.e., prior to the pandemic).  Shifting transactions online or to mobile is allowing BofA to recognize cost-savings by consolidating some of its physical branches.</p><p>Taking into account CEO Brian Moynihan&#39;s penchant for returning a lot of capital to his shareholders via buybacks and dividends, and the company&#39;s positioning as interest rates rise, Bank of America&#39;s sub-10 forward-year price-to-earnings ratio makes it a steal at its current price.</p><h2>Amazon</h2><p>The third and final Warren Buffett stock to buy hand over fist in June is none other than e-commerce kingpin <b>Amazon</b>.</p><p>The echo the concerns stated earlier, Amazon&#39;s shares have endured their steepest sell-off in more than a decade on the expectation that the U.S. will enter a recession. Historically high inflation tends to hit lower-income individuals and households the hardest, which will almost certainly impact Amazon&#39;s value-based retail model. To boot, inflation is hitting most aspects of Amazon&#39;s supply chain and increasing its labor costs. Yet in spite of these headwinds, there are multiple reasons for long-term investors to be excited about scooping up shares of Amazon at a big discount.</p><p>As most folks are probably aware, Amazon is the undisputed leader in online retail sales in the United States. In March, eMarketer estimated that Amazon will control just shy of 40% of all U.S. e-commerce sales in 2022. That&#39;s more than eight percentage points higher than competitors No. 2 through 15, <i>combined</i>!</p><p>However, retail sales are only one part of the Amazon story -- and frankly not even the most-important part anymore. What&#39;s far more exciting is the growth from cloud infrastructure service segment, Amazon Web Services (AWS). AWS controls close to a third of all global cloud infrastructure spending, with year over year sales growth coming in at 37% in the first quarter.  Cloud infrastructure spending is still, arguably, in its early innings, and the operating margins associated with AWS can run circles around the smaller margins derived from online retail revenue.</p><p>To add to this point, all of Amazon&#39;s higher-margin segments -- cloud infrastructure, advertising, and subscription services -- have continued to grow at a double-digit pace, even as retail sales have declined. This is a recipe for Amazon&#39;s operating cash flow to keep growing, even if online retail sales shrink noticeably in the coming quarters.</p><p>Last decade, Wall Street regularly supported a valuation multiple of 23 to 37 times Amazon&#39;s year-end operating cash flow. Based on Wall Street&#39;s forecast of $232 in cash flow per share for 2024, Amazon is valued at a historically inexpensive multiple (below 10) to its future cash flow. That makes it a screaming bargain.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Warren Buffett Stocks to Buy Hand Over Fist in June</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 Warren Buffett Stocks to Buy Hand Over Fist in June\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-02 11:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/01/3-warren-buffett-stocks-buy-hand-over-fist-in-june/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Although there are a lot of successful strategies to make money on Wall Street, riding Warren Buffett's coattails has, arguably, been one of the most profitable for the past 57 years.Since the Oracle ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/01/3-warren-buffett-stocks-buy-hand-over-fist-in-june/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生","BAC":"美国银行","AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2022/06/01/3-warren-buffett-stocks-buy-hand-over-fist-in-june/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240467746","content_text":"Although there are a lot of successful strategies to make money on Wall Street, riding Warren Buffett's coattails has, arguably, been one of the most profitable for the past 57 years.Since the Oracle of Omaha, as Buffett has come to be known, became CEO of conglomerate Berkshire Hathaway in 1965, he's overseen the creation of close to $695 billion for his company's shareholders, and has led Berkshire's Class A shares (BRK.A) to an annual average return of 20.1%. Over 57 years, an annualized return of 20.1% equates to a total return of more than 3,600,000%!In other words, when Warren Buffett buys shares of a publicly traded company, Wall Street and investors rightly take notice.With all three of the major U.S. indexes undergoing their steepest pullbacks in two years, a number of stocks in Berkshire Hathaway's investment portfolio are ripe for the picking. What follows are three Warren Buffett stocks investors can confidently buy hand over fist as we steam ahead into June.Johnson & JohnsonThough it's one of Berkshire Hathaway's smallest positions, healthcare giant Johnson & Johnson looks like one of the smartest buys investors can make in a volatile and uncertain investing environment.One of the best aspects of healthcare stocks is that they're highly defensive. No matter how well or poorly the U.S. economy and stock market perform, people will always get sick and require prescription drugs, medical devices, and healthcare services. This creates a minimum level of demand for J&J's products in any environment.What's more, Johnson & Johnson is one of only two publicly traded companies that's been given the highly coveted AAA credit rating from Standard & Poor's (S&P). Bestowing J&J with its highest credit rating -- one notch higher than the AA credit rating given to the U.S. federal government -- implies that S&P has the utmost confidence the company can service and repay its outstanding debt. This means even less chance that Johnson & Johnson's share price will swing wildly if a recession materializes and/or if interest rates soar.Johnson & Johnson's operating segments provide another reason to be quite optimistic about its future. For instance, pharmaceuticals provide the bulk of J&J's growth potential and operating margins. However, brand-name drugs have a finite span of sales exclusivity. To counter this, J&J can lean on its medical-device segment, which is perfectly positioned to benefit from an aging boomer population domestically, and improving access to medical care and insurance in overseas markets. Even the company's soon-to-be spun-off consumer health segment has played a key role. Despite growing slowly, consumer health products offer strong pricing power and highly predictable cash flow.If you need one more reason to trust J&J, consider this: The company increased its base annual dividend for a 60th consecutive year in April 2022.  And if not for the COVID-19 pandemic, J&J's streak of increasing its annual adjusted operating earnings would likely have been nearing 40 years. It's as rock-solid as they come among healthcare stocks.Bank of AmericaA second Warren Buffett stock that's begging to be bought by opportunistic investors in June is money-center behemoth Bank of America.The prevailing concern for bank stocks is the growing likelihood that the U.S. will dip into recession. After all, gross domestic product surprisingly retraced in the first quarter. When recessions strike, it's not uncommon for banks to see their loan delinquency rates and charge-offs rise, which results in more money being set aside to cover losses. The end result being that earnings per share declines.However, there are two sides to economic cycles. Even though recessions are inevitable, they often last just a couple of months to a few quarters. By comparison, economic expansions are measured in years, and have even gone on for more than a decade. While recessions can be challenging, BofA spends a disproportionately longer amount of time benefiting from loan and deposit growth in an expanding U.S. and global economy. In other words, patience tends to pay off handsomely with big-bank stocks.What makes Bank of America a particularly intriguing buy right now is the company's interest rate sensitivity. With the Federal Reserve altering its stance on monetary policy and aiming to rapidly increase interest rates to tame inflation, no large bank is set to benefit more than BofA. According to a recent company presentation, a 100-basis-point parallel shift in the interest rate yield curve is expected to translate into an estimated $5.4 billion in added net interest income over 12 months.  Bank of America doesn't have to do any extra work to make more money on its variable-rate outstanding loans.The company's digitization initiatives are paying dividends as well. An additional 5 million BofA customers (42 million in total) are actively banking online or via mobile app than were doing so three years ago. Further, 53% of total sales were completed digitally in the first quarter of 2022, which was up 23 percentage points from the comparable quarter in 2019 (i.e., prior to the pandemic).  Shifting transactions online or to mobile is allowing BofA to recognize cost-savings by consolidating some of its physical branches.Taking into account CEO Brian Moynihan's penchant for returning a lot of capital to his shareholders via buybacks and dividends, and the company's positioning as interest rates rise, Bank of America's sub-10 forward-year price-to-earnings ratio makes it a steal at its current price.AmazonThe third and final Warren Buffett stock to buy hand over fist in June is none other than e-commerce kingpin Amazon.The echo the concerns stated earlier, Amazon's shares have endured their steepest sell-off in more than a decade on the expectation that the U.S. will enter a recession. Historically high inflation tends to hit lower-income individuals and households the hardest, which will almost certainly impact Amazon's value-based retail model. To boot, inflation is hitting most aspects of Amazon's supply chain and increasing its labor costs. Yet in spite of these headwinds, there are multiple reasons for long-term investors to be excited about scooping up shares of Amazon at a big discount.As most folks are probably aware, Amazon is the undisputed leader in online retail sales in the United States. In March, eMarketer estimated that Amazon will control just shy of 40% of all U.S. e-commerce sales in 2022. That's more than eight percentage points higher than competitors No. 2 through 15, combined!However, retail sales are only one part of the Amazon story -- and frankly not even the most-important part anymore. What's far more exciting is the growth from cloud infrastructure service segment, Amazon Web Services (AWS). AWS controls close to a third of all global cloud infrastructure spending, with year over year sales growth coming in at 37% in the first quarter.  Cloud infrastructure spending is still, arguably, in its early innings, and the operating margins associated with AWS can run circles around the smaller margins derived from online retail revenue.To add to this point, all of Amazon's higher-margin segments -- cloud infrastructure, advertising, and subscription services -- have continued to grow at a double-digit pace, even as retail sales have declined. This is a recipe for Amazon's operating cash flow to keep growing, even if online retail sales shrink noticeably in the coming quarters.Last decade, Wall Street regularly supported a valuation multiple of 23 to 37 times Amazon's year-end operating cash flow. Based on Wall Street's forecast of $232 in cash flow per share for 2024, Amazon is valued at a historically inexpensive multiple (below 10) to its future cash flow. That makes it a screaming bargain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9085097125,"gmtCreate":1650614812021,"gmtModify":1676534764177,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085097125","repostId":"2229902607","repostType":4,"repost":{"id":"2229902607","pubTimestamp":1650641417,"share":"https://www.laohu8.com/m/news/2229902607?lang=&edition=full","pubTime":"2022-04-22 23:30","market":"us","language":"en","title":"2 Unstoppable Stocks That Could Turn $200,000 Into $1 Million by 2032","url":"https://stock-news.laohu8.com/highlight/detail?id=2229902607","media":"Motley Fool","summary":"Short-term stock market jitters are a great opportunity to pick up high-growth stocks like these at a discount.","content":"<html><head></head><body><p>If there&#39;s <a href=\"https://laohu8.com/S/AONE.U\">one</a> lesson to be learned from the recent volatility in the stock market, it&#39;s the importance of focusing on the long term. While the <b>Nasdaq-100 Technology Sector</b> index is down about 13.9% so far in 2022, it&#39;s still holding on to a gain of 423% over the last decade.</p><p>In fact, the steep declines in many individual stocks could be an opportunity to buy into long-term growth stories at a discount for the decade ahead. <b>Upstart Holdings</b> and <b>Bill.com Holdings</b> are two fintechs with unique business models and soaring growth rates, making them prime candidates.</p><p>Over the next 10 years, both stocks have the potential to deliver fivefold returns, especially if you buy them now while their stock is selling at a steep discount to levels reached in late 2021.</p><h2>The case for Upstart</h2><p>Artificial intelligence (AI) is a next-generation technology that promises to replace manual human input in many complex tasks. In this case, Upstart has developed an AI algorithm to assess the creditworthiness of potential borrowers, and it uses that information to originate loans for its banking partners.</p><p>Banks pay Upstart a fee for the service, and it&#39;s proving to be a far more effective tool than the decades-old FICO credit scoring system from <b>Fair Isaac</b>. While FICO takes into account a handful of metrics when assessing borrowers, Upstart can measure 1,600 data points and deliver a decision instantly 70% of the time. It would likely take a human assessor days or even weeks to arrive at the same result, so Upstart offers a better experience for both the customer and the lender.</p><p>The company got its start by originating unsecured personal loans, which is a $96 billion annual market. But it recently expanded into auto loan originations, which is about seven times that size. The Upstart Auto Retail sales and origination platform now serves over 410 car dealerships across the U.S., and it&#39;s growing rapidly.</p><p>Upstart would have to increase its revenue by 18% each year to turn a $200,000 investment into $1 million by 2032, assuming its price-to-sales multiple remains constant.</p><table><thead><tr><th>Metric</th><th>2017</th><th>2021</th><th>CAGR</th></tr></thead><tbody><tr><td><p>Revenue</p></td><td><p>$57 million</p></td><td><p>$849 million</p></td><td><p>96%</p></td></tr><tr><td><p>Earnings (loss) per share</p></td><td><p>($0.56)</p></td><td><p>$2.37</p></td><td><p>N/A</p></td></tr></tbody></table><p>Data: Upstart Holdings. CAGR = compound annual growth rate.</p><p>Upstart is crushing the 18% growth mark, nearly doubling its revenue every year since 2017. On top of that, it&#39;s now a profitable company, making it far more attractive as an investment than most tech companies.</p><p>In its 2021 presentation, Upstart highlighted new potential markets like small-business lending and mortgages, which could send its annual opportunity into the trillions of dollars. Put simply, the company&#39;s best growth might still be ahead, and with its stock down 79.8% from its all-time high, it&#39;s a great time to add it to your portfolio.</p><h2>The case for Bill.com</h2><p>Business owners are spotlighted when it comes to software services that make monotonous administrative tasks less burdensome. Bill.com has grown to become a leading provider, thanks to its flagship accounts-payable platform helping to reduce messy paper trails. Its digital inbox technology centralizes incoming invoices so they don&#39;t get lost in the shuffle of everyday operations.</p><p>Bill.com allows business owners to pay those invoices with one click, and it also integrates with top accounting software so those transactions get logged into the books automatically. In 2021, the company acquired two other businesses to aid its expansion into new verticals. It now owns Invoice2go, which helps manage accounts receivable, and Divvy, a budgeting and expense management software.</p><p>Now, Bill.com is a go-to provider for all things related to business payments, and it serves 373,500 customers.</p><table><thead><tr><th>Metric</th><th>Fiscal 2018</th><th>Fiscal 2022 (Guidance)</th><th>CAGR</th></tr></thead><tbody><tr><td><p>Revenue</p></td><td><p>$64 million</p></td><td><p>$600 million</p></td><td><p>74%</p></td></tr></tbody></table><p>Data: Bill.com. Fiscal years end June 30.</p><p>In the last few years, Bill.com&#39;s revenue growth has far exceeded the 18% it needs for its stock to grow fivefold over the next decade, assuming its stock valuation metrics remain where they are today. But there&#39;s even a possibility growth could accelerate.</p><p>The company has processed $181 billion in payment volume over the last 12 months, but it places its domestic opportunity at $25 trillion annually -- and a whopping $125 trillion globally. That leaves a significant runway, and since Bill.com has bolted-on two key acquisitions, it has a wider path to greater market share.</p><p>The company also operates in a pool of 70 million global business customers. Keep in mind that it hasn&#39;t even cracked its first million yet, so there&#39;s significant room for expansion.</p><p>Bill.com should kick into high gear over the next few years as it fine-tunes its new multifaceted business model. And since its stock has dipped 43.5% from its all-time high amid the tech sell-off, now might be the time to get involved.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Unstoppable Stocks That Could Turn $200,000 Into $1 Million by 2032</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Unstoppable Stocks That Could Turn $200,000 Into $1 Million by 2032\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-22 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/21/2-unstoppable-stocks-turn-200000-to-1-million-2032/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If there's one lesson to be learned from the recent volatility in the stock market, it's the importance of focusing on the long term. While the Nasdaq-100 Technology Sector index is down about 13.9% ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/21/2-unstoppable-stocks-turn-200000-to-1-million-2032/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AI":"C3.ai, Inc.","BK4543":"AI","BK4561":"索罗斯持仓","BK4166":"消费信贷","BK4528":"SaaS概念","UPST":"Upstart Holdings, Inc.","BILL":"BILL HOLDINGS INC","BK4551":"寇图资本持仓"},"source_url":"https://www.fool.com/investing/2022/04/21/2-unstoppable-stocks-turn-200000-to-1-million-2032/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2229902607","content_text":"If there's one lesson to be learned from the recent volatility in the stock market, it's the importance of focusing on the long term. While the Nasdaq-100 Technology Sector index is down about 13.9% so far in 2022, it's still holding on to a gain of 423% over the last decade.In fact, the steep declines in many individual stocks could be an opportunity to buy into long-term growth stories at a discount for the decade ahead. Upstart Holdings and Bill.com Holdings are two fintechs with unique business models and soaring growth rates, making them prime candidates.Over the next 10 years, both stocks have the potential to deliver fivefold returns, especially if you buy them now while their stock is selling at a steep discount to levels reached in late 2021.The case for UpstartArtificial intelligence (AI) is a next-generation technology that promises to replace manual human input in many complex tasks. In this case, Upstart has developed an AI algorithm to assess the creditworthiness of potential borrowers, and it uses that information to originate loans for its banking partners.Banks pay Upstart a fee for the service, and it's proving to be a far more effective tool than the decades-old FICO credit scoring system from Fair Isaac. While FICO takes into account a handful of metrics when assessing borrowers, Upstart can measure 1,600 data points and deliver a decision instantly 70% of the time. It would likely take a human assessor days or even weeks to arrive at the same result, so Upstart offers a better experience for both the customer and the lender.The company got its start by originating unsecured personal loans, which is a $96 billion annual market. But it recently expanded into auto loan originations, which is about seven times that size. The Upstart Auto Retail sales and origination platform now serves over 410 car dealerships across the U.S., and it's growing rapidly.Upstart would have to increase its revenue by 18% each year to turn a $200,000 investment into $1 million by 2032, assuming its price-to-sales multiple remains constant.Metric20172021CAGRRevenue$57 million$849 million96%Earnings (loss) per share($0.56)$2.37N/AData: Upstart Holdings. CAGR = compound annual growth rate.Upstart is crushing the 18% growth mark, nearly doubling its revenue every year since 2017. On top of that, it's now a profitable company, making it far more attractive as an investment than most tech companies.In its 2021 presentation, Upstart highlighted new potential markets like small-business lending and mortgages, which could send its annual opportunity into the trillions of dollars. Put simply, the company's best growth might still be ahead, and with its stock down 79.8% from its all-time high, it's a great time to add it to your portfolio.The case for Bill.comBusiness owners are spotlighted when it comes to software services that make monotonous administrative tasks less burdensome. Bill.com has grown to become a leading provider, thanks to its flagship accounts-payable platform helping to reduce messy paper trails. Its digital inbox technology centralizes incoming invoices so they don't get lost in the shuffle of everyday operations.Bill.com allows business owners to pay those invoices with one click, and it also integrates with top accounting software so those transactions get logged into the books automatically. In 2021, the company acquired two other businesses to aid its expansion into new verticals. It now owns Invoice2go, which helps manage accounts receivable, and Divvy, a budgeting and expense management software.Now, Bill.com is a go-to provider for all things related to business payments, and it serves 373,500 customers.MetricFiscal 2018Fiscal 2022 (Guidance)CAGRRevenue$64 million$600 million74%Data: Bill.com. Fiscal years end June 30.In the last few years, Bill.com's revenue growth has far exceeded the 18% it needs for its stock to grow fivefold over the next decade, assuming its stock valuation metrics remain where they are today. But there's even a possibility growth could accelerate.The company has processed $181 billion in payment volume over the last 12 months, but it places its domestic opportunity at $25 trillion annually -- and a whopping $125 trillion globally. That leaves a significant runway, and since Bill.com has bolted-on two key acquisitions, it has a wider path to greater market share.The company also operates in a pool of 70 million global business customers. Keep in mind that it hasn't even cracked its first million yet, so there's significant room for expansion.Bill.com should kick into high gear over the next few years as it fine-tunes its new multifaceted business model. And since its stock has dipped 43.5% from its all-time high amid the tech sell-off, now might be the time to get involved.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9089738419,"gmtCreate":1650032653776,"gmtModify":1676534632649,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089738419","repostId":"1129630254","repostType":4,"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039904948,"gmtCreate":1645863994568,"gmtModify":1676534071441,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039904948","repostId":"2214433184","repostType":4,"repost":{"id":"2214433184","pubTimestamp":1645830512,"share":"https://www.laohu8.com/m/news/2214433184?lang=&edition=full","pubTime":"2022-02-26 07:08","market":"us","language":"en","title":"Dow Posts Biggest Gain since Nov 2020 as Wall St Rebounds Second Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2214433184","media":"Reuters","summary":"* All sectors higher, led by gains in materials* Oil prices ease* Indexes: Dow up 2.5%, S&P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)The Dow on Friday registe","content":"<html><head></head><body><p>* All sectors higher, led by gains in materials</p><p>* Oil prices ease</p><p>* Indexes: Dow up 2.5%, S&amp;P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)</p><p>The Dow on Friday registered its biggest daily percentage gain since November 2020 with the market rebounding for a second day from the sharp selloff leading up to Russia&#39;s invasion of Ukraine.</p><p>Oil prices fell below $100 a barrel, easing some concerns about higher energy costs, and all 11 of the major S&amp;P 500 sectors ended up on the day. The S&amp;P 500 and Nasdaq also posted gains for the week.</p><p>Russian missiles pounded Kyiv and families cowered in shelters on Friday, a day after Russia unleashed a three-pronged invasion of Ukraine in the biggest attack on a European state since World War <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>.</p><p>Investors also were assessing news that Russian President Vladimir Putin told his Chinese counterpart Xi Jinping in a call that Russia was willing to hold high-level talks with Ukraine, according to China&#39;s foreign ministry.</p><p>Some strategists say stock-selling may have been overdone. The S&amp;P 500 confirmed earlier this week it was in a correction when it ended down more than 10% from its Jan. 3 record closing high.</p><p>&#34;It sure feels a lot more like we&#39;ve really exhausted sentiment in this correction,&#34; said Jim Paulsen, chief investment strategist at The Leuthold Group in Minneapolis, noting that economic fundamentals and corporate health remain favorable.</p><p>The Dow Jones Industrial Average rose 834.92 points, or 2.51%, to 34,058.75, the S&amp;P 500 gained 95.95 points, or 2.24%, to 4,384.65 and the Nasdaq Composite added 221.04 points, or 1.64%, to 13,694.62.</p><p>For the week, the Dow was down 0.1%, the S&amp;P 500 was up 0.8% and the Nasdaq was up 1.1%.</p><p>The West on Thursday unveiled new sanctions on Russia, while NATO Secretary-General Jens Stoltenberg said on Friday the alliance was deploying parts of its combat-ready response force and would continue to send weapons to Ukraine.</p><p>&#34;In general, the sanctions are going to have some bite,&#34; but investors seem to be relieved that Washington dismissed the idea of going to war with Russia, said Kristina Hooper, chief global market strategist at Invesco.</p><p>She said volatility should remain high in the coming days as events in Ukraine dictate market moves, but that focus eventually will turn back to the Federal Reserve and the outlook for interest rates.</p><p>Some strategists noted that the sanctions announced Thursday targeted Russia&#39;s banks but left its energy sector largely untouched.</p><p>Health care gave the S&amp;P 500 its biggest boost.</p><p>Shares of Johnson &amp; Johnson climbed 5% after a U.S. judge ruled that the drugmaker&#39;s subsidiary can remain in bankruptcy, preventing plaintiffs from pursuing 38,000 lawsuits against the company alleging its baby powder and other talc products cause cancer.</p><p>The Cboe Volatility index, Wall Street&#39;s fear gauge, ended down at 27.59.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 4.29-to-1 ratio; on Nasdaq, a 2.63-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 15 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 66 new lows.</p><p>Volume on U.S. exchanges was 12.47 billion shares, compared with the 12.1 billion average for the full session over the last 20 trading days.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Posts Biggest Gain since Nov 2020 as Wall St Rebounds Second Day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Posts Biggest Gain since Nov 2020 as Wall St Rebounds Second Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-26 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-dow-posts-biggest-214015544.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* All sectors higher, led by gains in materials* Oil prices ease* Indexes: Dow up 2.5%, S&P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)The Dow on Friday ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-dow-posts-biggest-214015544.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","COMP":"Compass, Inc.","SSO":"两倍做多标普500ETF","BK4079":"房地产服务","SDS":"两倍做空标普500ETF",".SPX":"S&P 500 Index","BK4504":"桥水持仓","OEX":"标普100","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","IVV":"标普500指数ETF","BK4539":"次新股","SPY":"标普500ETF","BK4534":"瑞士信贷持仓","UPRO":"三倍做多标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","OEF":"标普100指数ETF-iShares"},"source_url":"https://finance.yahoo.com/news/us-stocks-dow-posts-biggest-214015544.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2214433184","content_text":"* All sectors higher, led by gains in materials* Oil prices ease* Indexes: Dow up 2.5%, S&P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)The Dow on Friday registered its biggest daily percentage gain since November 2020 with the market rebounding for a second day from the sharp selloff leading up to Russia's invasion of Ukraine.Oil prices fell below $100 a barrel, easing some concerns about higher energy costs, and all 11 of the major S&P 500 sectors ended up on the day. The S&P 500 and Nasdaq also posted gains for the week.Russian missiles pounded Kyiv and families cowered in shelters on Friday, a day after Russia unleashed a three-pronged invasion of Ukraine in the biggest attack on a European state since World War Two.Investors also were assessing news that Russian President Vladimir Putin told his Chinese counterpart Xi Jinping in a call that Russia was willing to hold high-level talks with Ukraine, according to China's foreign ministry.Some strategists say stock-selling may have been overdone. The S&P 500 confirmed earlier this week it was in a correction when it ended down more than 10% from its Jan. 3 record closing high.\"It sure feels a lot more like we've really exhausted sentiment in this correction,\" said Jim Paulsen, chief investment strategist at The Leuthold Group in Minneapolis, noting that economic fundamentals and corporate health remain favorable.The Dow Jones Industrial Average rose 834.92 points, or 2.51%, to 34,058.75, the S&P 500 gained 95.95 points, or 2.24%, to 4,384.65 and the Nasdaq Composite added 221.04 points, or 1.64%, to 13,694.62.For the week, the Dow was down 0.1%, the S&P 500 was up 0.8% and the Nasdaq was up 1.1%.The West on Thursday unveiled new sanctions on Russia, while NATO Secretary-General Jens Stoltenberg said on Friday the alliance was deploying parts of its combat-ready response force and would continue to send weapons to Ukraine.\"In general, the sanctions are going to have some bite,\" but investors seem to be relieved that Washington dismissed the idea of going to war with Russia, said Kristina Hooper, chief global market strategist at Invesco.She said volatility should remain high in the coming days as events in Ukraine dictate market moves, but that focus eventually will turn back to the Federal Reserve and the outlook for interest rates.Some strategists noted that the sanctions announced Thursday targeted Russia's banks but left its energy sector largely untouched.Health care gave the S&P 500 its biggest boost.Shares of Johnson & Johnson climbed 5% after a U.S. judge ruled that the drugmaker's subsidiary can remain in bankruptcy, preventing plaintiffs from pursuing 38,000 lawsuits against the company alleging its baby powder and other talc products cause cancer.The Cboe Volatility index, Wall Street's fear gauge, ended down at 27.59.Advancing issues outnumbered declining ones on the NYSE by a 4.29-to-1 ratio; on Nasdaq, a 2.63-to-1 ratio favored advancers.The S&P 500 posted 15 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 66 new lows.Volume on U.S. exchanges was 12.47 billion shares, compared with the 12.1 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007518705,"gmtCreate":1642942873841,"gmtModify":1676533759021,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007518705","repostId":"2205248240","repostType":4,"repost":{"id":"2205248240","pubTimestamp":1642898373,"share":"https://www.laohu8.com/m/news/2205248240?lang=&edition=full","pubTime":"2022-01-23 08:39","market":"us","language":"en","title":"Here's Why SoFi's Long-Awaited Bank Charter Will Make the Business Better","url":"https://stock-news.laohu8.com/highlight/detail?id=2205248240","media":"Motley Fool","summary":"Regulators have granted SoFi conditional approval on its application to become a bank.","content":"<html><head></head><body><p>After a difficult few months for the stock, <b>SoFi</b> (NASDAQ:SOFI) shareholders got some welcome news recently when regulators approved the company&#39;s application to become a bank. Now, SoFi will be able to complete its previously announced acquisition of <b>Golden Pacific Bancorp</b> and become a bank holding company.</p><p>SoFi plans to capitalize the bank with $750 million, and the bank will have $5.3 billion of assets once the deal with Golden Pacific closes, which is expected to happen in February. Following the news of the bank charter, SoFi&#39;s stock shot up.</p><p>Here&#39;s why SoFi&#39;s long-awaited bank charter will improve the company&#39;s operations.</p><p><img src=\"https://static.tigerbbs.com/b043430dd6fd8a492604fcb1cb4193d3\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><h2>Streamlining operations</h2><p>Despite competing in the banking space, many fintech companies start as tech companies and do not have a formal banking license -- they are not easy to obtain. So, most fintechs tend to partner with licensed banks to do things like hold the deposits they gather from their members (unlicensed banks can&#39;t hold deposits on their balance sheet) and originate loans for them in some cases. This typically involves some kind of revenue share. Additionally, because banks can&#39;t use deposits to fund loan originations, they have to use higher-cost funding.</p><p>One of the main benefits of the bank charter will be enabling SoFi to lower its interest expense, which is the interest SoFi pays on the debt it uses to fund assets such as loans. According to its recent regulatory filing, the company&#39;s current funding sources for originations include securitization debt and funding from warehouse facilities. SoFi pays interest on this funding of nearly 4% and 1.6%, respectively. This funding is also not as reliable in certain market conditions. Currently, most savings and checking accounts pay out very little interest, and even a lot of high-yield savings accounts pay much less interest than these higher-cost sources.</p><p>With the bank charter, SoFi will be able to transfer all of the deposits in its cash management SoFi Money product that it currently sends to a partner bank back into SoFi to hold. SoFi Money accounts topped 1.16 million at the end of the third quarter, so they should offer a decent source of funding that will also grow in the future. This will significantly lower SoFi&#39;s cost of funding loan originations, or it can maintain both sources if it needs them to grow.</p><p>Additionally, having a bank charter will make it easier for SoFi to hold loans on its balance sheet, whether that means holding loans for longer periods or to completion. Most fintech consumer lenders sell loans they originate right away to an investor or bank for a fee. But when you hold a loan on the balance sheet, you can collect interest payments every month, and that loan ends up being more profitable over its life, as long as it doesn&#39;t go into default.</p><p>With a bank charter, SoFi will have more clarity from a regulatory perspective on its operations. It is also another signal to investors that SoFi is a trustworthy lender. While the company has a good reputation, given that it has been originating loans for several years now, I think investors see it as a good sign that a fintech company is willing to take some risk on its balance sheet, although I am not yet sure how long SoFi plans to hold its loans.</p><p>In its first presentation, management showed the impact of the bank charter on earnings before interest, taxes, depreciation, and amortization (EBITDA). While the numbers have likely changed, as this presentation is now roughly a year old, I think this is illustrative of how helpful the bank charter can be.</p><p><img src=\"https://static.tigerbbs.com/5ca5ac4bdc2ba7427f2b507f42aeb914\" tg-width=\"700\" tg-height=\"642\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>SoFi January 2021 investor presentation.</p><h2>Hitting a key milestone</h2><p>While the bank charter has been long anticipated, there was some question over it, given some of the regulatory uncertainty in the banking arena in Washington over the past few months. It is also no easy feat for any fintech to obtain a bank charter. The charter will make the deposits that SoFi gathers much more valuable and greatly help the unit economics in its lending division. Ultimately, expect revenue and EBITDA to be higher this year and going forward with the bank charter now secured.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why SoFi's Long-Awaited Bank Charter Will Make the Business Better</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\">\nHere's Why SoFi's Long-Awaited Bank Charter Will Make the Business Better\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-23 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/22/why-sofi-bank-charter-makes-business-better/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a difficult few months for the stock, SoFi (NASDAQ:SOFI) shareholders got some welcome news recently when regulators approved the company's application to become a bank. Now, SoFi will be able ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/22/why-sofi-bank-charter-makes-business-better/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4549":"软银资本持仓","BK4166":"消费信贷","BK4535":"淡马锡持仓","SOFI":"SoFi Technologies Inc."},"source_url":"https://www.fool.com/investing/2022/01/22/why-sofi-bank-charter-makes-business-better/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2205248240","content_text":"After a difficult few months for the stock, SoFi (NASDAQ:SOFI) shareholders got some welcome news recently when regulators approved the company's application to become a bank. Now, SoFi will be able to complete its previously announced acquisition of Golden Pacific Bancorp and become a bank holding company.SoFi plans to capitalize the bank with $750 million, and the bank will have $5.3 billion of assets once the deal with Golden Pacific closes, which is expected to happen in February. Following the news of the bank charter, SoFi's stock shot up.Here's why SoFi's long-awaited bank charter will improve the company's operations.Image source: Getty Images.Streamlining operationsDespite competing in the banking space, many fintech companies start as tech companies and do not have a formal banking license -- they are not easy to obtain. So, most fintechs tend to partner with licensed banks to do things like hold the deposits they gather from their members (unlicensed banks can't hold deposits on their balance sheet) and originate loans for them in some cases. This typically involves some kind of revenue share. Additionally, because banks can't use deposits to fund loan originations, they have to use higher-cost funding.One of the main benefits of the bank charter will be enabling SoFi to lower its interest expense, which is the interest SoFi pays on the debt it uses to fund assets such as loans. According to its recent regulatory filing, the company's current funding sources for originations include securitization debt and funding from warehouse facilities. SoFi pays interest on this funding of nearly 4% and 1.6%, respectively. This funding is also not as reliable in certain market conditions. Currently, most savings and checking accounts pay out very little interest, and even a lot of high-yield savings accounts pay much less interest than these higher-cost sources.With the bank charter, SoFi will be able to transfer all of the deposits in its cash management SoFi Money product that it currently sends to a partner bank back into SoFi to hold. SoFi Money accounts topped 1.16 million at the end of the third quarter, so they should offer a decent source of funding that will also grow in the future. This will significantly lower SoFi's cost of funding loan originations, or it can maintain both sources if it needs them to grow.Additionally, having a bank charter will make it easier for SoFi to hold loans on its balance sheet, whether that means holding loans for longer periods or to completion. Most fintech consumer lenders sell loans they originate right away to an investor or bank for a fee. But when you hold a loan on the balance sheet, you can collect interest payments every month, and that loan ends up being more profitable over its life, as long as it doesn't go into default.With a bank charter, SoFi will have more clarity from a regulatory perspective on its operations. It is also another signal to investors that SoFi is a trustworthy lender. While the company has a good reputation, given that it has been originating loans for several years now, I think investors see it as a good sign that a fintech company is willing to take some risk on its balance sheet, although I am not yet sure how long SoFi plans to hold its loans.In its first presentation, management showed the impact of the bank charter on earnings before interest, taxes, depreciation, and amortization (EBITDA). While the numbers have likely changed, as this presentation is now roughly a year old, I think this is illustrative of how helpful the bank charter can be.SoFi January 2021 investor presentation.Hitting a key milestoneWhile the bank charter has been long anticipated, there was some question over it, given some of the regulatory uncertainty in the banking arena in Washington over the past few months. It is also no easy feat for any fintech to obtain a bank charter. The charter will make the deposits that SoFi gathers much more valuable and greatly help the unit economics in its lending division. Ultimately, expect revenue and EBITDA to be higher this year and going forward with the bank charter now secured.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006023672,"gmtCreate":1641558726113,"gmtModify":1676533629050,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006023672","repostId":"2201196622","repostType":4,"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906317473,"gmtCreate":1659486640593,"gmtModify":1705980841927,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906317473","repostId":"2256606406","repostType":4,"repost":{"id":"2256606406","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":1659481721,"share":"https://www.laohu8.com/m/news/2256606406?lang=&edition=full","pubTime":"2022-08-03 07:08","market":"us","language":"en","title":"US STOCKS-S&P 500 Ends See-Saw Session Lower as Pelosi Visits Taiwan","url":"https://stock-news.laohu8.com/highlight/detail?id=2256606406","media":"Reuters","summary":"* Speaker Nancy Pelosi visits Taipei* Caterpillar falls after missing sales estimates* Uber surges a","content":"<html><head></head><body><p>* Speaker Nancy Pelosi visits Taipei</p><p>* Caterpillar falls after missing sales estimates</p><p>* Uber surges after reporting positive cash flow</p><p>The S&amp;P 500 ended lower after a choppy session on Tuesday, with  geopolitical tensions flaring after U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan.</p><p>Pelosi said her trip demonstrated American solidarity with the Chinese-claimed self-ruled island, but China condemned that first such visit in 25 years as a threat to peace and stability.</p><p>Heavy hitters Microsoft and <a href=\"https://laohu8.com/S/V\">Visa</a>  weighed on the S&amp;P 500, and all 11 S&amp;P 500 sector indexes lost ground, led lower by real estate   .</p><p>Shares of chipmakers heavily exposed to China were mixed. Advanced Micro Devices rallied ahead of its quarterly report after the bell.</p><p>Industrial bellwether Caterpillar tumbled after warning of a bigger drop in demand for its excavators in property crisis-hit China, piling more pain on the industrial bellwether grappling with supply-chain disruptions.</p><p>Financial markets have been roiled in recent months by the Ukraine war, soaring inflation and tightening financial conditions.</p><p>U.S. job openings in June fell by the most in just over two years, as demand for workers eased in the retail and wholesale trade industries. Overall the labor market remained tight.</p><p>After the U.S. Federal Reserve raised interest rates by 75 basis points in July, investors are speculating about whether the central bank&#39;s largest hikes are behind it.</p><p>&#34;The market has to get really comfortable that they have fully baked in all the Fed&#39;s rate hikes, and I think that remains an open question,&#34; said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. &#34;The challenges and supply constraints aren&#39;t necessarily done. They aren&#39;t done and gone yet.&#34;</p><p>Shares of U.S. defense companies Raytheon Technologies Corp, Lockheed Martin Corp, Northrop Grumman Corp and L3Harris Technologies Inc    rallied for much of the session. The United States is Taiwan&#39;s main supporter and arms supplier.</p><p>According to preliminary data, the S&amp;P 500 lost 26.78 points, or 0.65%, to end at 4,091.85 points, while the Nasdaq Composite    lost 19.48 points, or 0.16%, to 12,349.49. The Dow Jones Industrial Average fell 397.29 points, or 1.21%, to 32,401.11.</p><p>The CBOE volatility index   , also known as Wall Street&#39;s fear gauge, eased from the day&#39;s high of 24.68 points.</p><p>A largely upbeat second-quarter reporting season has supported markets recently, with the benchmark S&amp;P 500 index up about 12% from lows hit in mid-June.</p><p>Uber Technologies Inc    jumped after the ride-hailing firm reported positive quarterly cash flow for the first time ever and forecast upbeat third-quarter operating profit.</p><p>Tesla Inc gained after Citigroup hiked its price target on the electric car maker&#39;s stock.</p><p>Pinterest Inc    surged after activist investor Elliott Investment Management became the largest shareholder of the digital pin-board firm.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500 Ends See-Saw Session Lower as Pelosi Visits Taiwan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500 Ends See-Saw Session Lower as Pelosi Visits Taiwan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-03 07:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Speaker Nancy Pelosi visits Taipei</p><p>* Caterpillar falls after missing sales estimates</p><p>* Uber surges after reporting positive cash flow</p><p>The S&amp;P 500 ended lower after a choppy session on Tuesday, with  geopolitical tensions flaring after U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan.</p><p>Pelosi said her trip demonstrated American solidarity with the Chinese-claimed self-ruled island, but China condemned that first such visit in 25 years as a threat to peace and stability.</p><p>Heavy hitters Microsoft and <a href=\"https://laohu8.com/S/V\">Visa</a>  weighed on the S&amp;P 500, and all 11 S&amp;P 500 sector indexes lost ground, led lower by real estate   .</p><p>Shares of chipmakers heavily exposed to China were mixed. Advanced Micro Devices rallied ahead of its quarterly report after the bell.</p><p>Industrial bellwether Caterpillar tumbled after warning of a bigger drop in demand for its excavators in property crisis-hit China, piling more pain on the industrial bellwether grappling with supply-chain disruptions.</p><p>Financial markets have been roiled in recent months by the Ukraine war, soaring inflation and tightening financial conditions.</p><p>U.S. job openings in June fell by the most in just over two years, as demand for workers eased in the retail and wholesale trade industries. Overall the labor market remained tight.</p><p>After the U.S. Federal Reserve raised interest rates by 75 basis points in July, investors are speculating about whether the central bank&#39;s largest hikes are behind it.</p><p>&#34;The market has to get really comfortable that they have fully baked in all the Fed&#39;s rate hikes, and I think that remains an open question,&#34; said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. &#34;The challenges and supply constraints aren&#39;t necessarily done. They aren&#39;t done and gone yet.&#34;</p><p>Shares of U.S. defense companies Raytheon Technologies Corp, Lockheed Martin Corp, Northrop Grumman Corp and L3Harris Technologies Inc    rallied for much of the session. The United States is Taiwan&#39;s main supporter and arms supplier.</p><p>According to preliminary data, the S&amp;P 500 lost 26.78 points, or 0.65%, to end at 4,091.85 points, while the Nasdaq Composite    lost 19.48 points, or 0.16%, to 12,349.49. The Dow Jones Industrial Average fell 397.29 points, or 1.21%, to 32,401.11.</p><p>The CBOE volatility index   , also known as Wall Street&#39;s fear gauge, eased from the day&#39;s high of 24.68 points.</p><p>A largely upbeat second-quarter reporting season has supported markets recently, with the benchmark S&amp;P 500 index up about 12% from lows hit in mid-June.</p><p>Uber Technologies Inc    jumped after the ride-hailing firm reported positive quarterly cash flow for the first time ever and forecast upbeat third-quarter operating profit.</p><p>Tesla Inc gained after Citigroup hiked its price target on the electric car maker&#39;s stock.</p><p>Pinterest Inc    surged after activist investor Elliott Investment Management became the largest shareholder of the digital pin-board firm.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","AMD":"美国超微公司","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4538":"云计算","BK4141":"半导体产品","DJX":"1/100道琼斯","BK4503":"景林资产持仓","BK4574":"无人驾驶","NOC":"诺斯罗普格鲁曼","DOG":"道指反向ETF","BK4022":"陆运","PSQ":"纳指反向ETF","BK4505":"高瓴资本持仓","BK4097":"系统软件","BK4512":"苹果概念","LMT":"洛克希德马丁","QQQ":"纳指100ETF","DXD":"道指两倍做空ETF","AAPL":"苹果","BK4548":"巴美列捷福持仓","BK4529":"IDC概念","RTX":"雷神技术公司","BK4516":"特朗普概念","BK4559":"巴菲特持仓","BK4106":"数据处理与外包服务","BK4564":"太空概念","BK4532":"文艺复兴科技持仓","BK4527":"明星科技股","BK4515":"5G概念","SDOW":"道指三倍做空ETF-ProShares","BK4553":"喜马拉雅资本持仓","TSLA":"特斯拉","LHX":"哈里斯公司","BK4567":"ESG概念",".IXIC":"NASDAQ Composite","CAT":"卡特彼勒",".SPX":"S&P 500 Index","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","SQQQ":"纳指三倍做空ETF","DDM":"道指两倍做多ETF","BK4575":"芯片概念","UBER":"优步","BK4525":"远程办公概念","V":"Visa","BK4149":"建筑机械与重型卡车","BK4535":"淡马锡持仓","QID":"纳指两倍做空ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2256606406","content_text":"* Speaker Nancy Pelosi visits Taipei* Caterpillar falls after missing sales estimates* Uber surges after reporting positive cash flowThe S&P 500 ended lower after a choppy session on Tuesday, with  geopolitical tensions flaring after U.S. House of Representatives Speaker Nancy Pelosi visited Taiwan.Pelosi said her trip demonstrated American solidarity with the Chinese-claimed self-ruled island, but China condemned that first such visit in 25 years as a threat to peace and stability.Heavy hitters Microsoft and Visa  weighed on the S&P 500, and all 11 S&P 500 sector indexes lost ground, led lower by real estate   .Shares of chipmakers heavily exposed to China were mixed. Advanced Micro Devices rallied ahead of its quarterly report after the bell.Industrial bellwether Caterpillar tumbled after warning of a bigger drop in demand for its excavators in property crisis-hit China, piling more pain on the industrial bellwether grappling with supply-chain disruptions.Financial markets have been roiled in recent months by the Ukraine war, soaring inflation and tightening financial conditions.U.S. job openings in June fell by the most in just over two years, as demand for workers eased in the retail and wholesale trade industries. Overall the labor market remained tight.After the U.S. Federal Reserve raised interest rates by 75 basis points in July, investors are speculating about whether the central bank's largest hikes are behind it.\"The market has to get really comfortable that they have fully baked in all the Fed's rate hikes, and I think that remains an open question,\" said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. \"The challenges and supply constraints aren't necessarily done. They aren't done and gone yet.\"Shares of U.S. defense companies Raytheon Technologies Corp, Lockheed Martin Corp, Northrop Grumman Corp and L3Harris Technologies Inc    rallied for much of the session. The United States is Taiwan's main supporter and arms supplier.According to preliminary data, the S&P 500 lost 26.78 points, or 0.65%, to end at 4,091.85 points, while the Nasdaq Composite    lost 19.48 points, or 0.16%, to 12,349.49. The Dow Jones Industrial Average fell 397.29 points, or 1.21%, to 32,401.11.The CBOE volatility index   , also known as Wall Street's fear gauge, eased from the day's high of 24.68 points.A largely upbeat second-quarter reporting season has supported markets recently, with the benchmark S&P 500 index up about 12% from lows hit in mid-June.Uber Technologies Inc    jumped after the ride-hailing firm reported positive quarterly cash flow for the first time ever and forecast upbeat third-quarter operating profit.Tesla Inc gained after Citigroup hiked its price target on the electric car maker's stock.Pinterest Inc    surged after activist investor Elliott Investment Management became the largest shareholder of the digital pin-board firm.","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9047949205,"gmtCreate":1656859595007,"gmtModify":1676535904988,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9047949205","repostId":"2248980919","repostType":4,"repost":{"id":"2248980919","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":1656848586,"share":"https://www.laohu8.com/m/news/2248980919?lang=&edition=full","pubTime":"2022-07-03 19:43","market":"us","language":"en","title":"Tesla Q2 Deliveries Slump To 254,695 Amid Supply Chain, Pandemic Problems","url":"https://stock-news.laohu8.com/highlight/detail?id=2248980919","media":"Reuters","summary":"July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second q","content":"<html><head></head><body><p>July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown in Shanghai hit its production and supply chain.</p><p>In the preceding quarter, the U.S. electric car maker delivered 310,048 vehicles globally.</p><p>Analysts had expected Tesla to report deliveries of 295,078 vehicles for the April to June period, according to Refinitiv data. Several analysts had slashed their estimates further to about 250,000 due to China&#39;s prolonged lockdown.</p><p>Tesla said it delivered 238,533 Model 3 compact cars and Model Y sport-utility vehicles, as well as 16,162 of its Model S and Model X vehicles to customers in the quarter.</p><p>Total production fell 15.3% to 258,580 vehicles from the first quarter. June 2022 was the highest vehicle production month in Tesla&#39;s history, the company said in a news release.</p><p><img src=\"https://static.tigerbbs.com/b06a0b120caa4763851aba5807bfe85b\" tg-width=\"1017\" tg-height=\"192\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q2 Deliveries Slump To 254,695 Amid Supply Chain, Pandemic Problems</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q2 Deliveries Slump To 254,695 Amid Supply Chain, Pandemic Problems\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-03 19:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown in Shanghai hit its production and supply chain.</p><p>In the preceding quarter, the U.S. electric car maker delivered 310,048 vehicles globally.</p><p>Analysts had expected Tesla to report deliveries of 295,078 vehicles for the April to June period, according to Refinitiv data. Several analysts had slashed their estimates further to about 250,000 due to China&#39;s prolonged lockdown.</p><p>Tesla said it delivered 238,533 Model 3 compact cars and Model Y sport-utility vehicles, as well as 16,162 of its Model S and Model X vehicles to customers in the quarter.</p><p>Total production fell 15.3% to 258,580 vehicles from the first quarter. June 2022 was the highest vehicle production month in Tesla&#39;s history, the company said in a news release.</p><p><img src=\"https://static.tigerbbs.com/b06a0b120caa4763851aba5807bfe85b\" tg-width=\"1017\" tg-height=\"192\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2248980919","content_text":"July 2 (Reuters) - Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown in Shanghai hit its production and supply chain.In the preceding quarter, the U.S. electric car maker delivered 310,048 vehicles globally.Analysts had expected Tesla to report deliveries of 295,078 vehicles for the April to June period, according to Refinitiv data. Several analysts had slashed their estimates further to about 250,000 due to China's prolonged lockdown.Tesla said it delivered 238,533 Model 3 compact cars and Model Y sport-utility vehicles, as well as 16,162 of its Model S and Model X vehicles to customers in the quarter.Total production fell 15.3% to 258,580 vehicles from the first quarter. June 2022 was the highest vehicle production month in Tesla's history, the company said in a news release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090462126,"gmtCreate":1643246148224,"gmtModify":1676533790028,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090462126","repostId":"2206589977","repostType":4,"repost":{"id":"2206589977","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":1643238051,"share":"https://www.laohu8.com/m/news/2206589977?lang=&edition=full","pubTime":"2022-01-27 07:00","market":"us","language":"en","title":"Wall Street Gains Evaporate, S&P 500 Ends Lower on Fed Tightening Timeline","url":"https://stock-news.laohu8.com/highlight/detail?id=2206589977","media":"Reuters","summary":"* Tesla gyrates in after-market trading after results* Markets gyrate in closing minutes after Powel","content":"<html><head></head><body><p>* Tesla gyrates in after-market trading after results</p><p>* Markets gyrate in closing minutes after Powell Q&amp;A</p><p>* Mattel up on winning back Disney Princess license from Hasbro</p><p>* Indexes: Dow off 0.38%, S&amp;P down 0.15%, Nasdaq up 0.02%</p><p>NEW YORK, Jan 26 (Reuters) - The S&amp;P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.</p><p>All three major U.S. stock indexes gyrated wildly in the final minutes of a session that ended with the Dow joining the S&amp;P in negative territory and the Nasdaq eking out a nominal gain.</p><p>The indexes enjoyed a brief surge after the Federal Open Markets Committee left key interest rates near zero. But those gains quickly evaporated as the Fed statement warned it would soon begin raising the Fed Funds target rate to combat persistent inflation related to the COVID-hobbled supply chain.</p><p>&#34;With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,&#34; the statement said.</p><p>Stocks slid into negative territory once Fed Chairman Jerome Powell&#39;s subsequent Q&amp;A got under way, during which he warned that inflation remains above its long-run goal and supply problems are bigger and more long-lasting than previously thought.</p><p>&#34;When reporters asked Powell if the Fed would consider raising rates at every meeting, which would mean more than four  times this year, he didn’t say they wouldn’t, which indicates a flexibility to raise rates much more quickly (if necessary) than anyone was expecting,&#34; said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.</p><p>The Dow Jones Industrial Average fell 129.64 points, or 0.38%, to 34,168.09, the S&amp;P 500 lost 6.52 points, or 0.15%, to 4,349.93 and the Nasdaq Composite added 2.82 points, or 0.02%, to 13,542.12.</p><p>While all 11 major sectors of the S&amp;P 500 spent much of the trading day green, by the time the dust settled only tech and financials showed gains.</p><p>Fourth-quarter reporting season has hit full stride, with one-fifth of the companies in the S&amp;P 500 having posted results. Of those, 81% have beaten consensus, according to Refinitiv data.</p><p>Microsoft Corp gained 2.8% after current-quarter revenue guidance, driven in part by its cloud business, came in above consensus.</p><p>Boeing Co was down 4.8% after the plane maker said it incurred $4.5 billion in charges in the fourth quarter related to its sidelined 787.</p><p>Toy maker Mattel Inc jumped 4.3% after regaining the right from rival Hasbro Inc to produce toys based on Walt Disney Co&#39;s &#34;Frozen&#34; franchise.</p><p>Shares of Tesla gyrated wildly in extended trade after the electric vehicle maker warned that its factories would run below capacity through 2022 due to supply-chain limitations.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 12 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 28 new highs and 206 new lows.</p><p>Volume on U.S. exchanges was 14.50 billion shares, compared with the 11.58 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Gains Evaporate, S&P 500 Ends Lower on Fed Tightening Timeline</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; 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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\">\nWall Street Gains Evaporate, S&P 500 Ends Lower on Fed Tightening Timeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-27 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Tesla gyrates in after-market trading after results</p><p>* Markets gyrate in closing minutes after Powell Q&amp;A</p><p>* Mattel up on winning back Disney Princess license from Hasbro</p><p>* Indexes: Dow off 0.38%, S&amp;P down 0.15%, Nasdaq up 0.02%</p><p>NEW YORK, Jan 26 (Reuters) - The S&amp;P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.</p><p>All three major U.S. stock indexes gyrated wildly in the final minutes of a session that ended with the Dow joining the S&amp;P in negative territory and the Nasdaq eking out a nominal gain.</p><p>The indexes enjoyed a brief surge after the Federal Open Markets Committee left key interest rates near zero. But those gains quickly evaporated as the Fed statement warned it would soon begin raising the Fed Funds target rate to combat persistent inflation related to the COVID-hobbled supply chain.</p><p>&#34;With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,&#34; the statement said.</p><p>Stocks slid into negative territory once Fed Chairman Jerome Powell&#39;s subsequent Q&amp;A got under way, during which he warned that inflation remains above its long-run goal and supply problems are bigger and more long-lasting than previously thought.</p><p>&#34;When reporters asked Powell if the Fed would consider raising rates at every meeting, which would mean more than four  times this year, he didn’t say they wouldn’t, which indicates a flexibility to raise rates much more quickly (if necessary) than anyone was expecting,&#34; said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.</p><p>The Dow Jones Industrial Average fell 129.64 points, or 0.38%, to 34,168.09, the S&amp;P 500 lost 6.52 points, or 0.15%, to 4,349.93 and the Nasdaq Composite added 2.82 points, or 0.02%, to 13,542.12.</p><p>While all 11 major sectors of the S&amp;P 500 spent much of the trading day green, by the time the dust settled only tech and financials showed gains.</p><p>Fourth-quarter reporting season has hit full stride, with one-fifth of the companies in the S&amp;P 500 having posted results. Of those, 81% have beaten consensus, according to Refinitiv data.</p><p>Microsoft Corp gained 2.8% after current-quarter revenue guidance, driven in part by its cloud business, came in above consensus.</p><p>Boeing Co was down 4.8% after the plane maker said it incurred $4.5 billion in charges in the fourth quarter related to its sidelined 787.</p><p>Toy maker Mattel Inc jumped 4.3% after regaining the right from rival Hasbro Inc to produce toys based on Walt Disney Co&#39;s &#34;Frozen&#34; franchise.</p><p>Shares of Tesla gyrated wildly in extended trade after the electric vehicle maker warned that its factories would run below capacity through 2022 due to supply-chain limitations.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 12 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 28 new highs and 206 new lows.</p><p>Volume on U.S. exchanges was 14.50 billion shares, compared with the 11.58 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4559":"巴菲特持仓","BK4534":"瑞士信贷持仓","MSFT":"微软","BK4550":"红杉资本持仓","BK4504":"桥水持仓","BA":"波音",".DJI":"道琼斯","TSLA":"特斯拉",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206589977","content_text":"* Tesla gyrates in after-market trading after results* Markets gyrate in closing minutes after Powell Q&A* Mattel up on winning back Disney Princess license from Hasbro* Indexes: Dow off 0.38%, S&P down 0.15%, Nasdaq up 0.02%NEW YORK, Jan 26 (Reuters) - The S&P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.All three major U.S. stock indexes gyrated wildly in the final minutes of a session that ended with the Dow joining the S&P in negative territory and the Nasdaq eking out a nominal gain.The indexes enjoyed a brief surge after the Federal Open Markets Committee left key interest rates near zero. But those gains quickly evaporated as the Fed statement warned it would soon begin raising the Fed Funds target rate to combat persistent inflation related to the COVID-hobbled supply chain.\"With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,\" the statement said.Stocks slid into negative territory once Fed Chairman Jerome Powell's subsequent Q&A got under way, during which he warned that inflation remains above its long-run goal and supply problems are bigger and more long-lasting than previously thought.\"When reporters asked Powell if the Fed would consider raising rates at every meeting, which would mean more than four  times this year, he didn’t say they wouldn’t, which indicates a flexibility to raise rates much more quickly (if necessary) than anyone was expecting,\" said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.The Dow Jones Industrial Average fell 129.64 points, or 0.38%, to 34,168.09, the S&P 500 lost 6.52 points, or 0.15%, to 4,349.93 and the Nasdaq Composite added 2.82 points, or 0.02%, to 13,542.12.While all 11 major sectors of the S&P 500 spent much of the trading day green, by the time the dust settled only tech and financials showed gains.Fourth-quarter reporting season has hit full stride, with one-fifth of the companies in the S&P 500 having posted results. Of those, 81% have beaten consensus, according to Refinitiv data.Microsoft Corp gained 2.8% after current-quarter revenue guidance, driven in part by its cloud business, came in above consensus.Boeing Co was down 4.8% after the plane maker said it incurred $4.5 billion in charges in the fourth quarter related to its sidelined 787.Toy maker Mattel Inc jumped 4.3% after regaining the right from rival Hasbro Inc to produce toys based on Walt Disney Co's \"Frozen\" franchise.Shares of Tesla gyrated wildly in extended trade after the electric vehicle maker warned that its factories would run below capacity through 2022 due to supply-chain limitations.Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.The S&P 500 posted 12 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 28 new highs and 206 new lows.Volume on U.S. exchanges was 14.50 billion shares, compared with the 11.58 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991394092,"gmtCreate":1660780294119,"gmtModify":1676536396587,"author":{"id":"3583391194597510","authorId":"3583391194597510","name":"JackSeet","avatar":"https://static.tigerbbs.com/f2bef2084046b93a3436cd7950f85aa8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991394092","repostId":"1196990768","repostType":4,"repost":{"id":"1196990768","pubTimestamp":1660777736,"share":"https://www.laohu8.com/m/news/1196990768?lang=&edition=full","pubTime":"2022-08-18 07:08","market":"us","language":"en","title":"Fed Officials Saw Need to Slow Rate-Hike Pace “At Some Point”","url":"https://stock-news.laohu8.com/highlight/detail?id=1196990768","media":"Bloomberg","summary":"Many participants saw risk of over-tightening policyOfficials saw significant risk of entrenched inf","content":"<html><head></head><body><ul><li>Many participants saw risk of over-tightening policy</li><li>Officials saw significant risk of entrenched inflation</li></ul><p>Federal Reserve officials agreed last month on the need to eventually dial back the pace of interest-rate hikes but also wanted to gauge how their monetary tightening was working toward curbing US inflation.</p><p>“As the stance of monetary policy tightened further, it likely would become appropriate at some point to slow the pace of policy rate increases while assessing the effects of cumulative policy adjustments on economic activity and inflation,” according to minutes of the Federal Open Market Committee’s July 26-27 meeting released Wednesday in Washington.</p><p>“Many participants remarked that, in view of the constantly changing nature of the economic environment and the existence of long and variable lags in monetary policy’s effect on the economy, there was also a risk that the committee could tighten the stance of policy by more than necessary to restore price stability,” the minutes showed.</p><p>Fed officials raised their benchmark interest rate by 75 basis points at that meeting for a second straight month, marking the fastest pace of tightening since the early 1980s in a battle against red-hot inflation.</p><p>Even so, the S&amp;P 500 index of US stocks has risen about 9% since the July gathering. Fed officials will have a chance to offer fresh views on the outlook during their Aug. 25-27 retreat in Jackson Hole, Wyoming.</p><p>Following the minutes release, two-year Treasury yields and the dollar pared gains, while US stocks trimmed losses. Swaps traders increasingly bet that the Fed will boost rates by a half percentage point next month, rather than three-quarters of a point.</p><p>“While the FOMC minutes continue to emphasize the need to contain inflation, there is also an emerging concern the Fed could tighten more than necessary,” said Christopher Low, chief economist at FHN Financial. “There is an inkling of improvement on the supply side of the economy, there is a bit of hope in some product prices moderating, but there is still a great deal of concern about inflation and inflation expectations.”</p><p>The language used in the minutes echoed what Powell said at the press conference after the July meeting. His comments ignited the move higher in stocks when he suggested that the central bank could transition to smaller rate hikes going forward. Even so, he left the door open to another “unusually large” increase at the next meeting in September, depending on economic data to be published in the interim.</p><p>A Labor Department report published Aug. 5 -- which showed companies added 528,000 employees to payrolls last month, more than double what forecasters were expecting -- prompted investors to bet on a third straight 75-basis-point hike when the Fed meets Sept. 20-21.</p><p>At the July meeting, “participants judged that a significant risk facing the committee was that elevated inflation could become entrenched if the public began to question the committee’s resolve to adjust the stance of policy sufficiently,” according to the minutes.</p><p>But the department’s Aug. 10 readout on consumer prices showed they rose 8.5% in the 12 months through July, down from the 9.1% increase the month before that marked the highest inflation rate since 1981.</p><p>The softer July inflation figures gave legs to the stock-market rally as previous bets on a big rate hike in September were unwound, and investors are now assigning similar odds to a half-point or a three-quarter-point increase, according to prices of futures contracts tied to the Fed’s benchmark rate.</p><p>August numbers on jobs and consumer prices are due out before the September meeting.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nFed Officials Saw Need to Slow Rate-Hike Pace “At Some Point”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-18 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-17/fed-saw-smaller-hikes-ahead-to-assess-prior-moves-minutes-show?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Many participants saw risk of over-tightening policyOfficials saw significant risk of entrenched inflationFederal Reserve officials agreed last month on the need to eventually dial back the pace of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-17/fed-saw-smaller-hikes-ahead-to-assess-prior-moves-minutes-show?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-17/fed-saw-smaller-hikes-ahead-to-assess-prior-moves-minutes-show?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196990768","content_text":"Many participants saw risk of over-tightening policyOfficials saw significant risk of entrenched inflationFederal Reserve officials agreed last month on the need to eventually dial back the pace of interest-rate hikes but also wanted to gauge how their monetary tightening was working toward curbing US inflation.“As the stance of monetary policy tightened further, it likely would become appropriate at some point to slow the pace of policy rate increases while assessing the effects of cumulative policy adjustments on economic activity and inflation,” according to minutes of the Federal Open Market Committee’s July 26-27 meeting released Wednesday in Washington.“Many participants remarked that, in view of the constantly changing nature of the economic environment and the existence of long and variable lags in monetary policy’s effect on the economy, there was also a risk that the committee could tighten the stance of policy by more than necessary to restore price stability,” the minutes showed.Fed officials raised their benchmark interest rate by 75 basis points at that meeting for a second straight month, marking the fastest pace of tightening since the early 1980s in a battle against red-hot inflation.Even so, the S&P 500 index of US stocks has risen about 9% since the July gathering. Fed officials will have a chance to offer fresh views on the outlook during their Aug. 25-27 retreat in Jackson Hole, Wyoming.Following the minutes release, two-year Treasury yields and the dollar pared gains, while US stocks trimmed losses. Swaps traders increasingly bet that the Fed will boost rates by a half percentage point next month, rather than three-quarters of a point.“While the FOMC minutes continue to emphasize the need to contain inflation, there is also an emerging concern the Fed could tighten more than necessary,” said Christopher Low, chief economist at FHN Financial. “There is an inkling of improvement on the supply side of the economy, there is a bit of hope in some product prices moderating, but there is still a great deal of concern about inflation and inflation expectations.”The language used in the minutes echoed what Powell said at the press conference after the July meeting. His comments ignited the move higher in stocks when he suggested that the central bank could transition to smaller rate hikes going forward. Even so, he left the door open to another “unusually large” increase at the next meeting in September, depending on economic data to be published in the interim.A Labor Department report published Aug. 5 -- which showed companies added 528,000 employees to payrolls last month, more than double what forecasters were expecting -- prompted investors to bet on a third straight 75-basis-point hike when the Fed meets Sept. 20-21.At the July meeting, “participants judged that a significant risk facing the committee was that elevated inflation could become entrenched if the public began to question the committee’s resolve to adjust the stance of policy sufficiently,” according to the minutes.But the department’s Aug. 10 readout on consumer prices showed they rose 8.5% in the 12 months through July, down from the 9.1% increase the month before that marked the highest inflation rate since 1981.The softer July inflation figures gave legs to the stock-market rally as previous bets on a big rate hike in September were unwound, and investors are now assigning similar odds to a half-point or a three-quarter-point increase, according to prices of futures contracts tied to the Fed’s benchmark rate.August numbers on jobs and consumer prices are due out before the September meeting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}